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 !

More than 23 m alreadyvaccinated !

What most important you must honestly have faith and belief in yourself, of course must be based on rationality not emotion, wish or worst frustrations and negative emotions.

If AA can not survive, then which other airlines in the similar sector can survive? Those airlines that cater mainly to leisure and holiday travels will do very well due to pent up demand, less competitions and cheaper operating cost. Biz travels will recover slower as many biz can continue to be transacted on line and hence those airlines that cater to premium/biz will be slower to recover and may not even reach to the levels pre pandemic.

Amcorp Prop were traded today as a high as 91.5 sen, 1.5 sen above offer price of 90 sen.

SCR proposal for Amcorp Properties was overwhelmingly accepted by non interested minority shareholders in the EGM today.

Bravo Air Asia ! RM 240 m cash coming in from air craft leasing sale proceeds.

Told you all earlier to be very careful of what you wish for it may come true! ha ha ha...

Private Placement to raise equity capital via issuing new shares was done last year at a price as high as 38 sen. Just for information and guidance.

Coming back after taking a rest ! LYC in a growth biz of healthcare, good future with growing demand.

Irrational for minority shareholders to vote against the proposal as price likely to drop if SCR fails unless there is a contending offer which is very unlikely.

“All Birds find shelter during a rain.
But Eagle avoids rain by flying above
the Clouds.” - A P J Abdul Kalam

Problems are common, but attitude
makes the difference.

I already warn you al earlierl, didn't I ?

Building base for take off !

You may get what you wish !

Watch this counter

Taking a breather today after yesterday very hectic day !

G Capital is a major shareholder

Just keep your head when all around you are losing theirs ......

Virtually most of the income come from maintaining plant availability, and very little from power generation. Whether the plant is generating power or not, the IPP owner will still get paid substantially according to the agreement provided the plant is ready to generate power.

Even if there is lock down in Vietnam, it won't affect the operation of power plants as power generation is a very crucial and essential service.

The intrinsic value of Cypark is definitely way above PP price of 90 sen. Cypark price was probably being depressed to get the price of placement shares as low as possible since only certain well connected people are offered. This is very unfair to existing shareholders especially when the issue is big percentage wise. Cypaark should have done rights issue, which is fair to all even to those who don't want to subscribe as they can always sell their entitlement.

Cypark market price could have certainly performed much better if not for too many PP including this current 20% and ESOS priced and repriced way below market. ESOS is supposed to provide incentives to the employees but where is the incentive then if ESOS is repriced much below market price? It only provide incentive for Directors/controlling shareholders to sell the shares that they already owned and replaced them with cheaper shares via ESOS for quick and guaranteed gains. This kind of ESOS in fact encourage bad behaviors at the cost to minority shredders.

The controlling shareholder already owns more than 60% and continue to accumulate.With good assets being developed, you can probably guess what likely to happen later!

Buy Tanco WB trading at discount

PP are normally priced at a discount to the market price otherwise PP shares may not be subscribed. So if PP for Cypark is 90 sen, it shows that the company and the subscribers are very confident the value of the stock is above 90 sen, which is definitely the case.

In the stock market any thing can happen and market price can be disconnected to value. Value is highly subjective but market price is real, you can trade (buy or sell) on it.

Tanco has been very active and up since May 21 already and continue active, not one day show. First stage from below 6 to 15 and now the second stage today to as high as 22.5
As I said earlier Tanco has precious assets at good locations and they are being developed.

Don't worry too much about the stock going up or even down. Best know what you are buying. If it goes down, just buy it. If it goes up beyond its intrinsic value or what you value, just sell it or take profit. We have no control of market price but we can definitely take advantage of what prices the market offer to us.

WZ-PA should trade at higher price than WZ mother as WZ-PA is more senior hence higher safety and most important it has preference dividend of 3%

Jaks -WC overpriced compared to Jaks-WB

Just need a bit of patience, good thing will come.

LCC will be the first likely to benefit from opening of air travel as they are popular with holiday and leisure travels. Most biz dealings can still be done via on line but not holidays and leisures. Pent up demand combined with less competitors will give excellent future for air lines that can manage to survive. National airlines tend to serve premium market and biz travels.
Those airlines that can survive this pandemic ordeals will definitely will thrive.

Jaks-WB is a cheaper option for exposure to Jaks compared with Jaks-WC

@diggied: Very good points or questions for us all to ponder!