There were some short selling on Jaks. Expect a good rebound?

Just follow what the controlling shareholder does, you will not be disappointed

Be careful of what we wish or dream for, we may get it ! ha ha ha

Dr.Brew, yes that is what successful investing especially in value based investing !

Tan Family continue to accumulate Tanco shares even at this already high price level and the family had already owned more than necessary for control. Just be a little patient to see what this controlling shareholder will do next. Some people has already expected the likely scenario. Some years back the family did offer to buy up the rest of shares not owned by the family but not successful.

More good news: People from other states can enter Sarawak provided they have proof that they have completed their two doses of Covid-19 vaccination

Next week will be the beginning of a new era with a new PM. Let us all pray and wish our market will recover from being a laggard.
For LYC, more good news with the coming listing of LYC subsidiary in the Singapore Stock Exchange.

TianChoi1 you are right. Once we let in a certain idea enter our mind, we lose control of ourselves. The idea will take control over us without us even realizing it and very difficult to get our uncorrupted mind back. So be extra careful not to simply let our mind to be corrupted with negative and regression ideas.

Successful investors and entrepreneurs normally have positive attitude and look forward to a better future. They don't waste their energy and time on negative and regressive things but choose to do do what are good for themselves and the society and move forward, not backward.

Politics is more settled now and lets us all wish and hope for the best for the country and all of us. Market should be expected to be positive as political uncertainty at least for now resolved.

Syabas Ranhill !!!

In investing we look forward to the future. The past and even the present can only give you some guidance at best. Understanding the biz and its biz model is critical in your decision to invest or not. Never allow yourselves to make decision based on emotions but should be based on facts and your own analysis and understanding. And you would always remember to be patient and as it will be your competitive advantage as most people expect good things happen instantly.
Always keep your head as others around you are losing their's !

No wonder Ranhill had been buying back its own shares very aggressively lately.

Signing of REPPA with TNB for 10 MW hydro power plant near Lenggong, Perak.

Eden as an IPP has 2 power plants. One 20 MW hydro plant in Kelantan and another one 30 MW diesel plant in Sabah that recently manage to get an extension of 3 year PPA with possible further extension later. Not many people realize that Eden as an IPP. People tend to associate Eden with restaurants which of course they still exist but less prominent.

PPA, same party to continue and opening up of economic activities will bode well with Eden !

Pestech received LOA from Electricite du Cambodge for a transmission and distribution works in Cambodia. Well done Pestech !

Approval in June 21 only an approval or agreement in principle only, not the PPA itself. Only a signed PPA has economic or financial value in any IPP such as this owned by Eden.
Any how you are considered lucky if you have missed buying in 14 June 21 when approval was given as the price then went up to as high as 21 sen !

This morning provide a rare but excellent opportunity to buy Tanco shares.

One more thing. As most future income stream which come from Vietnam IPP, Jaks will certainly benefit from any weakness of RM.

It is true most successful companies not only in Malaysia tend to have close relationship with the politicians. In America they have a strong culture of lobbying, hanging around the lobbies I guess !

companies like POS are not GLC but privately and publicly controlled. Just to be fair there a lot more other publicly listed companies are doing very bad too. In fact company like POS are doing OK if not for the social obligation to continue providing postal services to all places and the rates are controlled by government. The postal service is a dying biz and POS suffering from losses from this social service.

Just waiting for coming good news as a catalyst: the commencement of long waited waste to energy project in Ladang Tanah Merah which should happen any time now,

I certainly agree that we don't know when the airlines can fly again but what I do know air travels will still be around and Air Asia as the world best airlines for 11 consecutive years in a row will be there when sky is open for air travels. If AA can't survive, then which other airlines can. It may take time for air travel to restart and back to normal again and we don't know exactly when. This is what I refer to as an uncertainty. Any how in investing we look to the future ahead in at the least 6 moths. When the sky is open it is already too late to put your money in !

Double good news: Eden manage to get a 3 years PPA extension to supply power to Sabah Electricity with possible further extension in the future subjects to agreements between parties; and Muhyiddin continue to our PM. Just one more thing: coming opening up of tourism sector is yet another good news for Eden as Eden is also in hospitality and tourism industry.
Expect Eden shares to perform well moving forward.

Going forward AA can only have good news.

Mahiudin still the PM

Anuar and Mahathir ????

Uncertainty for me personally provides opportunity !

Yes the big issue is time, when air lines can fly again. For me it is only an uncertainty not a risk as we know sooner or later air travels will restart, especially in in leisure and holiday sectors. Biz travel may be slower to pick up as many biz can be continued to be conducted on line. In fact a big percentage of so called biz travel were not really necessary for conducting biz but more of some kind of perks.

Air Asia has been awarded for 11 years in a row as the world best low cost air line. Certainly it carries some value especially in this competitive service industry and this value as I said earlier is no where written as an asset in the balance sheet. Many other world class companies too even have negative net worth. Don't you think if Air Asia is for sale, the value would most likely to exceed the current value? To run a service biz such as an airline, it take more than just tangible assets such as cash and planes.

2,2% still very good return for such short time and more importantly hardly any risk.

Interest and price maintained even today ! Just be patient

Buiding base for upward movements sooner or later. Interesting the most recent PP was done at 90 sen.

Renewable energy projects in Sabah? Most probably hydro power plants.

The controlling shareholder, Tan Family has already owned more than 60 % of the shares but they are still collecting it. Tanco had been trading for long time at the price of around 5 sen only but the price and volume suddenly from jump up around May 21 this year and continue to be traded actively till now.
As I already mentioned earlier, Tanco owns lands at very strategic locations in KL, PD and Kuantan and these are currently being developed. Why sudden jump in price and volume of Tanco being traded till now? Why the Tan Family still collecting the share although they have more than enough for controlling purpose? Why there are still buyers collecting even at this price level? Only a while ago it was traded around 5 sen only! Probably some of you can guess what can likely to happen going forward.

Amcorp price currently cum dividend of 3 sen. So if you buy at 91 sen, you will receive 3 sen plus 90 sen when you surrender your share for SCR.

It is certainly not due to lack of fund but the uncertainty caused by the very unexpected appearance of Covid 19 pandemic.

Malaysia Airport price is recovering and on the way up. Is it not a a good omen for Air Asia?

TPG, an American private equity group was working with JCorp on privatization plan. TPG is a very big and well known private equity investor and active in healthcare acquisition in this region. In fact TPG and Hong Leong Group have just bought Colombia Asia hospitals.

KPJ compared with other similar healthcare companies is very much unappreciated and undervalued but it is getting attention of some private equity investors. Mind you KPJ has the largest no of hospitals in Malaysia and in addition has hospitals in Indonesia, Thailand and Bangladesh.

Definitely Pestech at the current price is much undervalued. It is well known and respected in the industrial sector Pestech is operating. Many of its investments require heavy capital upfront but will get robust and steady cashflows with little risks in the future.
Pestach also has one of its subsidiaries listed in Cambodia Stock Exchange quite recently. Mind you Cambodia other countries nearby provide excellent opportunities for growth of Pestech.

@Junqi. You are absolutely right. In fact JCorp intended to do it but the pandemic affect its plan temporarily I believe.

Putting a value to a company is a highly subjective exercise and very much depend on the methodology and assumptions used and the purpose of the valuation exercise. Each of us have no choice but to make our assessment for the valuation that is suitable for our need or purpose.
Never simply take whatever the recommendation produced by any body including or rather specially by analysts attached to a brokerage or banks for they have their own purposes and agendas that may be different or not in line from yours.

Value of a company to a controlling shareholder is certainly higher than that to minority shareholders. For a full control the value is even higher as you can see that when plc are taken private are normally done at a good premium.
In the case of MMC, if the offer at RM 2 fails for whatever reason, the share price will most likely to drop back from current price. In fact the price of MMC shares were trading well below RM 1 before the market get the wind of a possible privatization.

Possible privatisation !

Some corporate action finally being realized?

Fundamentals and technicals are in a good alignment !

Both technical and fundamentals are good !

Does not matter what color it is, as long as it goes up !