LubeTrader

LubeTrader | Joined since 2021-02-09

Investing Experience -
Risk Profile -

Followers

0

Following

2

Blog Posts

0

Threads

225

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
225
Past 30 days
8
Past 7 days
4
Today
0

User Comments
Stock

1 day ago | Report Abuse

I'd be surprised if they propose any dividend at all much less a special one. Of course I'd be happy if they do as their policy dictates. We shall see in due time.

Stock

5 days ago | Report Abuse

Is it possible a "hidden entity" is involved?

Stock

6 days ago | Report Abuse

One question guys...something I can't seem to find an explanation. Why is EPF actively disposing?

Stock

1 week ago | Report Abuse

rohank71, appreciate you pointing out this factor that many failed to consider. I'm pretty sure there are non-performing, money-losing assets/investments in Affin's book. Still after discounting these, fair value per share as you calculated is 3.20- Yes the night is still young.

Stock

1 week ago | Report Abuse

If everything is done according to procedure and above board there's no reason for BNM to disapprove.

Stock

1 week ago | Report Abuse

beluga, from your experience what's the perceived acceptable premium assuming Affin is trading 0.6x PB, for successful takeover?

Stock

3 weeks ago | Report Abuse

I'd refrain from setting any nonsensical TP. In for the long-term div. If you're looking for a quick gain, look elsewhere.

Stock

3 weeks ago | Report Abuse

I'd like to chip in if I may. Consolidation is healthy for this counter. It's not a penny stock susceptible to such speculation. I'm holding for the long term regardless of the outcome.

Stock

1 month ago | Report Abuse

I tend to see the same outcome as beluga on his prediction that Sarawak will not be content with just a 20% stake. I've always believed small banks like Affin are targets of M&A. More to come.

Stock

1 month ago | Report Abuse

NTA 4.69
You make your decision whether to sell or collect.

Stock

2023-11-25 11:36 | Report Abuse

It's not a hype. It's a target, a foresight. Short-term traders will be small-term traders. Making small, quick gains here and there. What actually perplexed me was Boustead Holdings Bhd acquired 200k on 22 Nov. What are they up to?

Stock

2023-11-25 11:30 | Report Abuse

If they keep up the good performance qtr to qtr basis, expect to be incentivized for holding or adding to your portfolio because price is still attractive to enter.

Stock

2023-11-21 16:20 | Report Abuse

One more thing I missed saying. Small banks are targets of merger & acquisition.

Stock

2023-11-21 16:17 | Report Abuse

Market grumbles at the poor results relative to preceding year. Ask yourself how often does one company sell its assets and make a bumper profit. Not everyday or year actually. Now earnings have normalised. That's it. This unhappiness will cause share price to fall into oversold position, probably already have. The wise investors will take this opportunity to snag a few lots.

Stock

2023-11-13 00:36 | Report Abuse

Each person's got his own risk appetite. No absolute right or wrong price to enter/exit

Stock

2023-11-10 10:33 | Report Abuse

Today price takes a breather, presents another opportunity to those who wishes to board.

Stock

2023-11-10 10:30 | Report Abuse

Continue to collect. Plenty of headroom.

Stock

2023-08-29 10:39 | Report Abuse

Fair analysis of the QR. At least the management has the foresight to invest their retained earnings to generate profit when the traditional core business is not doing well. Alternate revenue stream. Every business has it's ups and downs, so I wouldn't jump the gun and condemn the company.

Stock

2023-08-03 13:37 | Report Abuse

What an iconic display of self-contradiction

Stock

2023-07-26 12:02 | Report Abuse

Technical rebound. Don't get caught in the crossfire.

Stock

2023-07-26 12:00 | Report Abuse

No industry stays down forever. Bear that in mind. Geopolitical factor affects semicon ind. probably more than others when ruling regimes uses raw material and market restrictions as bargaining chips.

Stock

2023-07-25 19:15 | Report Abuse

Yes. We got to think positively. This collaboration augurs well for both parties years down the road. A symbiotic relationship.

Stock

2023-07-25 12:50 | Report Abuse

Speakup now or forever hold your peace. We wouldn't be here talking about this subject if we hadn't read the news. Betoi tak? Attacking another comment just to prove a point is so childish.

Stock

2023-07-25 10:46 | Report Abuse

I don't understand the hoo-haa at this point. SC may not approve the mandatory takeover exemption request and the deal may just fall through. I personally would want the deal to succeed. If IJM would look beyond the current liabilities of Pestech and have the gumption to just takeover the company, then it's largely a matter of the purchase price for the shareholders to consider.

Stock

2023-06-15 17:12 | Report Abuse

Play hard to get? Then they simply defer the plan.

Stock

2023-06-15 10:06 | Report Abuse

It's all mere 'paper' gain if you don't lock in profit. All I read thus far is speculative. Privatization la, sell land la, LTAT takeover la and whatnot. Until corporate come out with an announcement, I don't want to miss this opportunity. Oil palm and plantation in general is seasonal and therefore its stock price. There's always another chance to re-enter at a more attractive price in the future.

Stock

2023-06-14 19:46 | Report Abuse

What to do? Buy back in the 80s and hope that it appreciates to RM1 or more.

Stock

2023-06-13 12:14 | Report Abuse

Healthy debate. Keep it up guys. Honestly, Bplant is now is safer hands with all the political appointees out of the board. When one day the owners decides to quit planting oil palms, they can unlock the value of its land bank. Enough to feed generations.

Stock

2023-06-12 16:24 | Report Abuse

Ex-military men running a public listed plantation Co.

Stock

2023-06-12 16:23 | Report Abuse

Nothing special as far as resolutions put up for voting.

Stock

2023-06-12 12:31 | Report Abuse

Near midday, price quickly turned upward, from red to green. I've never seen such a quick turnaround before. All negative sell and buy queues like 'evaporated'.

Stock

2023-06-12 09:11 | Report Abuse

This morning's an opportunity to get on board while others are spooked, jumped off

Stock

2023-06-10 10:00 | Report Abuse

Privatisation of Bplant?
Who's going to do that now? LTAT? They already have their hands full with Boustead Holdings. Maybe one day that may happen but I doubt it's now.
If the parent is taken private, is it mandatory to do so for all it's wholly own subsidiary?
There are other options to unlock value in the company such as sale of assets (particularly those non-strategic ones), etc.

Stock

2023-06-09 20:39 | Report Abuse

This is a public forum. Anyone can read your comments. Better keep it objective.

Stock

2023-06-09 15:52 | Report Abuse

JKing, the NTA is the value for reference

Stock

2023-06-09 15:47 | Report Abuse

Brian, I agree en bloc sale of land is near implausible. Insiders definitely knows something we don't. We can only play the guessing game at this juncture. My suspicion is LTAT is increasing its stake from the open market.

Stock

2023-06-09 14:08 | Report Abuse

John, that option has been considered several years ago.
https://themalaysianreserve.com/2021/07/08/boustead-to-mull-options-for-palm-oil-unit/
Is the time ripe this time?

Stock

2023-06-09 12:35 | Report Abuse

brian, I'm inclined to believe your suggestion particularly today's movement of this counter. This leads to the next question: How high are they going to push it up? Your best guess.

Stock

2023-06-09 10:33 | Report Abuse

A lot of shares changing hands for no apparent reasons. Unusual trading activity. Avoid the chase.

Stock

2023-06-09 10:12 | Report Abuse

As the saying goes, No News is Good News

Stock

2023-06-08 14:18 | Report Abuse

Glad to see these constructive and healthy inputs. Finally see some degree of sanity in this forum. What we need is a clear roadmap to recovery. Learn from mistakes and have contingencies.

Stock

2023-06-08 11:22 | Report Abuse

So Robert based on your experience is the IB analysts estimate of 3 to 6 months downtime reasonable?

Stock

2023-06-08 11:21 | Report Abuse

Of all the comments I've read so far since the news broke, Robert's the most informative.

Stock

2023-06-06 12:48 | Report Abuse

Consider this: Armada, in spite of the profits, has not paid a single cent of dividend since 2016. So buy at ridiculously low price, otherwise forget it. Not chasing it upwards either. If it's your fortune, it's yours.

Stock

2023-06-06 10:50 | Report Abuse

If you have a huge vested interest in the Co., you should be very concerned (takut).

Stock

2023-06-06 10:45 | Report Abuse

If only it's as simple as pressing the reset button they would have done it by now. I fear the worst, a major mechanical failure requiring total replacement of the transformers. Armada taking the opportunity of this downtime to conduct maintenance ahead of schedule is a smart thing to do.

Stock

2023-06-06 09:31 | Report Abuse

Queuing @ 35

Stock
Stock

2023-05-26 09:26 | Report Abuse

Some ppl just want to stoke fear

Stock

2023-05-25 11:47 | Report Abuse

Any sellers at 60c?