Disclaimers :- All Mabel comments in i3 forum are based on my investment experience across the Globe by applying the Pareto principle. No buy or sell call on any stocks in i3 forum on all my comments. You are advised to consult license banker or Remisier for any investment.
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2 hours ago | Report Abuse
kl_guy look like the sell down have bottom out. Next stop rm5.00
21/11/2024 12:54 PM
Indeed KL!
PCHEM make a remarkable recovery climbing more than 6% today (went up as high as RM 4.9 today from opening RM 4.57) despite RM789 million loss this quarter. Essentially, they accumulated all the Forex paper losses from the 2019 US $9.8 billion loans for the Pengerang project and released them all at once this quarter, which is quite unusual accounting.
Those who sold from 5.50 to 4.50 might have engaged in insider trading, as the quarterly loss was announced, but insiders had already taken action weeks before the official announcement yesterday.
However, the good news is that the current price already reflects the quarterly loss. With the US Federal Reserve planning to cut rates to zero in the next 6-12 months, all the Forex paper losses will be reversed...
Thanks to Mabel's Marvelous Capital A, Mabel managed to catch her flight at RM 4.53 last week..
To Our Success !
Meow Meow Meow
2 hours ago | Report Abuse
Mabel has no issues with short sellers as they are helping us to bring the price down...
To be safe, only buy when it reach Support level when dealing with both YTL and YTL Power as these stocks are a darling for Short Sellers...
Remind me like the Gloves Counters during Pandemic time...
2 hours ago | Report Abuse
Thank for the good info Calvin..
Do you why it drops so much today..more than 7%..
Meow
3 hours ago | Report Abuse
Zorrosmile For those who plan to buy, please wait and see first. No one can’t answer when selling will be stopped. The way price drop also very weird and it drop almost more than 50% from recorded high. This drop pattern is not a way for fast recovering will happened. Just my opinion.
21/11/2024 11:58 AM
Good observation Zorrow!
3 hours ago | Report Abuse
PCHEM make a remarkable recovery climbing more than 6% today (went up as high as RM 4.9 today from opening RM 4.57) despite RM789 million loss this quarter. Essentially, they accumulated all the Forex paper losses from the 2019 US $9.8 billion loans for the Pengerang project and released them all at once this quarter, which is quite unusual accounting.
Those who sold from 5.50 to 4.50 might have engaged in insider trading, as the quarterly loss was announced, but insiders had already taken action weeks before the official announcement yesterday.
However, the good news is that the current price already reflects the quarterly loss. With the US Federal Reserve planning to cut rates to zero in the next 6-12 months, all the Forex paper losses will be reversed.
3 hours ago | Report Abuse
https://www.malaymail.com/news/malaysia/2024/11/20/federal-laws-take-precedence-in-sarawaks-oil-and-gas-dispute-experts-assert-video/157503
You can’t go back and forth, you know. An agreement is an agreement..
The federal government’s position on oil and gas (O&G) resources off Sarawak’s shores remains grounded in the Petroleum Development Act 1974 (PDA), which grants Petronas full ownership and exclusive rights to all petroleum resources in Malaysia, both onshore and offshore. If they take this position for Kelantan why make it soooo special for Sarawak?
3 hours ago | Report Abuse
RM 4.9 oledi so apy managed to get in last week at RM 4.53...hihihi
4 hours ago | Report Abuse
Johnchew5 Hoho interesting le … P/B 0.89 … after latest QR loss … P/B is increased to 0.99 …..
21/11/2024 10:32 AM
Haha Sifu Mickey, don't be despaired...
Based on PCHEM latest QR, after latest QR loss, P/B is increased from 0.89 to 0.99.
The increase in the Price-to-Book (P/B) ratio despite the latest quarterly loss can be attributed to changes in the company's market capitalization and book value. Here's a simplified explanation:
Market Capitalization: The P/B ratio is calculated by dividing the market capitalization by the book value. If the market capitalization (stock price multiplied by the number of shares) remains relatively stable or decreases less than the book value, the P/B ratio can increase.
Book Value: The book value represents the net asset value of the company. A significant loss can reduce the book value, as it decreases the company's retained earnings. If the book value decreases more than the market capitalization, the P/B ratio will increase.
In PCHEM's case, the latest quarterly loss likely reduced the book value significantly. If the market capitalization did not decrease proportionally, the P/B ratio would increase from 0.89 to 0.99.
The latest quarterly loss for Petronas Chemicals Group Bhd (PCHEM) has mixed implications for shareholders like Mabel:
Negative Aspects:
First-Ever Loss: This is the first time PCHEM has reported a loss since its IPO, which can be concerning for shareholders.
Forex Losses: The significant unrealized foreign exchange losses have impacted the company's financial performance.
Dividend Impact: Lower profits might lead to reduced dividends, which could affect income-focused investors.
Positive Aspects:
Market Reaction: The current stock price already reflects the quarterly loss, suggesting that the market has priced in the bad news.
Future Reversal: If the US Federal Reserve cuts rates as expected, the forex losses could be reversed, potentially improving future financial results.
Operational Performance: Despite the financial loss, the operational performance of PCHEM's core business has improved, with higher plant utilization and sales volumes.
In summary, while the immediate financial results are not favorable, there are potential positive developments on the horizon that could benefit us in the long run.
To Our Success !
Meow
5 hours ago | Report Abuse
Mabel is queuing at RM 4.52, RM 4.51 and RM 4.5
Let see how it goes...
Meow
5 hours ago | Report Abuse
*Looks like MIDF revised Target Price is in line with Mabel’s earlier estimate for PCHEM Pre QR*
Revised earnings estimates. Considering the lower earnings in 9MFY24, in tandem with the unrealised forex loss and expected softened demand for O&D and Specialties, we decrease our earnings forecasts for FY24-26 by -49%/-31%/-24% respectively. As such, we revised our target price of RM4.89 (previously RM7.54) and our call to NEUTRAL. Our new target price is based on pegging a PER of 18x to a revised EPS25 of 27.2sen. The PER is based on -1SD to PCG's 5-Y historical PER.
While we anticipate the headwinds for each segments to persist until end-year, we also expect that the overall PCG operations to remain stable. PCG also continues to be supported by the reliability of its plant operations. The recent extension of existing gas sales agreement for the supply of ethane and propane feedstocks at PC Olefin for the next 5 years, signals that PCG continues to uphold its operational and growth excellence. Additionally, the commissioning of its pentaerythritol plant in Sayakha, India, and the beginning of commercial operations in Pengerang Petrochemical Complex bode well on the demand trajectory for petrochemicals in the long run. Nonetheless, we exercise caution on the subsector, given the ongoing geopolitical tensions, volatile oil prices and unfavourable forex against the USD. We maintain our view that, while recovery for the subsector is slower than expected, it is nevertheless imminent.
Source: MIDF Research - 21 Nov 2024
This was Mabel’s earlier valuation before Mabel a reetry at RM 4.53..
With PCHEM EPS of MYR 0.25 (as per the latest data) and the PE ratio of 19.02:
PCHEM Fair Value Price = 0.25 ×19.02 = RM 4.76
Today it is trading between RM 4.53 and RM 4.64 with about 3 million shares traded as per writing..
20 hours ago | Report Abuse
Indeed...
Very Good Finishing by PN 17 Capital A today closed with RM 1.07 with more than 31 million shares traded while Lady Sapnrg finished at 3 sen with more than 4 million shares traded with our lady securing a new for a period of 5 years from the effective date of the Contract from Q3 2024.
Sarawak Oil Asset is value at RM30 Billion. SAP got a 5year Contract from Petronas despite knowing well its financial constraints or perhaps Petronas knows that our Lady will be out of will be out of PN17 sooner than we think…
Unlike Con Artist Birkin Serba, Mabel has more faith with Honest Sapnrg’s 3rd Generation PNB Leadership and their holding cost is much higher than Mabel's 3 sen holding cost. If they can hold, so can Mabel, beside it's only another 6 months extension...
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3501103
20 hours ago | Report Abuse
Haha Very Good Finishing by PN 17 Capital A today with more than 31 million shares traded while Lady Sapnrg finished at 3 sen with more than 4 million shares traded with our lady securing a new for a period of 5 years from the effective date of the Contract from Q3 2024.
Sarawak Oil Asset is value at RM30 Billion. SAP got a 5year Contract from Petronas despite knowing well its financial constraints or perhaps Petronas knows that our Lady will be out of will be out of PN17 sooner than we think…
Unlike Con Artist Birkin Serba, Mabel has more faith with Honest Sapnrg’s 3rd Generation PNB Leadership and their holding cost is much higher than Mabel's 3 sen holding cost. If they can hold, so can Mabel, beside it's only another 6 months extension...
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3501103
1 day ago | Report Abuse
xiaoeh Mabel a very optimistic meow meow
from Serbak time we known...
20/11/2024 9:43 AM
Not all stock Mabel has high optimism. Still in YTL Power?
Meow
Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
2 month ago | Report Abuse
#twobits Meow meow,
Load up any ytlp today?
09/09/2024 6:39 PM
No twobits. As Mabel’s Sifu always said “Be fearful when others are greedy” as Mabel see many Uncles and Aunties are so greedy today. Beside YTLPOWER journey with MACC has just begun and Technical Chart is still not looking great for any re-entry.
In the often-bearish month of September, Mabel strategic move paid off handsomely. Last week, Mabel locked in her profits from YTLPOWER, selling at RM 3.71 per share when the MACC News Exploded, a smart decision given her cost base of RM 3.675. This manoeuvre netted her a tidy profit of RM 0.035 per share.
With her newfound gains, today Mabel turned her attention to CIMB, capitalizing on their September promotion. She bought shares at RM 8.13 and RM 8.12, averaging out to RM 8.125 per share. As the market closed today, CIMB’s shares stood at RM 8.49, giving Mabel a solid profit of RM 0.365 per share with 0.27 sen Cash Back Coupon cuming on 27th September.
Had she held onto YTLPOWER, she would have faced a loss of RM 0.295 per share, as the stock closed at RM 3.38 today. Instead, Mabel’s astute decision-making not only shielded her from potential losses but also allowed her to capitalize on CIMB’s promotion, setting her up for a rewarding September.
CIMB September Promotion to buy before 13th September for 27 sen Cash Back Coupon (Dividend). Coupon redeemable on 27th September.
Let’s break down Mabel’s transactions and calculate the profits:
1. YTLPOWER Transaction:
Selling Price: RM 3.71
Cost Price: RM 3.675
Profit per Share: RM 3.71 - RM 3.675 = RM 0.035
2. CIMB Transactions:
Buying Prices: RM 8.13 and RM 8.12
Average Buying Price: (RM 8.13 + RM 8.12) / 2 = RM 8.125
Closing Price: RM 8.49
Profit per Share: RM 8.49 - RM 8.125 = RM 0.365
3. YTLPOWER Potential Loss:
Current Price: RM 3.38
Cost Price: RM 3.675
Loss per Share: RM 3.675 - RM 3.38 = RM 0.295
To Our Success !
Meow Meow Meow
1 day ago | Report Abuse
HaiLiDeYu as per Mabel comments above.
Time will only tell. Talking about optimism, Haha today it's MAAGA for Mabel Airlines. Despite still classified as PN 17, Capital A has hit a new 52 WEEK All time High, closing at RM 1.05 for break.
Unlike Con Artist Serba, Mabel has more faith with Honest Sapnrg 3rd Generation PNB Leadership and their holding cost is much higher than Mabel 3 sen holding cost. If they can hold, so can mabel, beside it's only another 6 months extension...
This cost can easily cover by one of Mabel's Blue Chip Dividend...
To Our Success...
Stock: [MAYBANK]: MALAYAN BANKING BHD
3 hours ago | Report Abuse
Yesterday Mabel locked some profits at RM 10.32
Today Mabel collected back at RM 10.06, RM 10.04 and RM 10.02. Hope to get more at RM 10.00. Now it is back to RM 10.1..
To Our Success !
Meow Meow Meow
Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD
3 hours ago | Report Abuse
Meow Meow Meow
RM 4.62 oledi...so nice..
1 day ago | Report Abuse
Lovely stkaoy!
To Our Success !
Meow Meow Meow
1 day ago | Report Abuse
So nice...Closed at RM 1.05...
Life is soooo beautiful...
Meow Meow Meow
1 day ago | Report Abuse
Cheers stkaoy...
Now Tiger is back at RM 10.120...
To Our Success !
Meow Meow Meow
1 day ago | Report Abuse
stkoay ....sudah lepas harimau...
....nanti tangkap kuching...
😘😘😘
20/11/2024 11:10 AM
Haha stkoay, Mabel's CIMB is still intact after selling YTL Power with Profits and plough into CIMB before she moves up. Next one is BIMB which currently very bullish. QR is expected to be released on the same date as Mabel's PCHEM..
To Our Success !
Meow Meow Meow
Stock: [YTLPOWR]: YTL POWER INTERNATIONAL BHD
1 month ago | Report Abuse
#twobits Meow meow,
Load up any ytlp today?
09/09/2024 6:39 PM
No twobits. As Mabel’s Sifu always said “Be fearful when others are greedy” as Mabel see many Uncles and Aunties are so greedy today. Beside YTLPOWER journey with MACC has just begun and Technical Chart is still not looking great for any re-entry.
In the often-bearish month of September, Mabel strategic move paid off handsomely. Last week, Mabel locked in her profits from YTLPOWER, selling at RM 3.71 per share when the MACC News Exploded, a smart decision given her cost base of RM 3.675. This manoeuvre netted her a tidy profit of RM 0.035 per share.
With her newfound gains, today Mabel turned her attention to CIMB, capitalizing on their September promotion. She bought shares at RM 8.13 and RM 8.12, averaging out to RM 8.125 per share. As the market closed today, CIMB’s shares stood at RM 8.49, giving Mabel a solid profit of RM 0.365 per share with 0.27 sen Cash Back Coupon cuming on 27th September.
Had she held onto YTLPOWER, she would have faced a loss of RM 0.295 per share, as the stock closed at RM 3.38 today. Instead, Mabel’s astute decision-making not only shielded her from potential losses but also allowed her to capitalize on CIMB’s promotion, setting her up for a rewarding September.
CIMB September Promotion to buy before 13th September for 27 sen Cash Back Coupon (Dividend). Coupon redeemable on 27th September.
Let’s break down Mabel’s transactions and calculate the profits:
1. YTLPOWER Transaction:
Selling Price: RM 3.71
Cost Price: RM 3.675
Profit per Share: RM 3.71 - RM 3.675 = RM 0.035
2. CIMB Transactions:
Buying Prices: RM 8.13 and RM 8.12
Average Buying Price: (RM 8.13 + RM 8.12) / 2 = RM 8.125
Closing Price: RM 8.49
Profit per Share: RM 8.49 - RM 8.125 = RM 0.365
3. YTLPOWER Potential Loss:
Current Price: RM 3.38
Cost Price: RM 3.675
Loss per Share: RM 3.675 - RM 3.38 = RM 0.295
To Our Success !
Meow Meow Meow
1 day ago | Report Abuse
As for Mabel Airlines, there’s only one word to decribe it ..MAAGA!!!
Looks like Xmas comes early this year..Santa is now selling its Sledges, Reindeers and panties to buy AA tickets to go North. It just keeps climbing everyday..
Count down to superb Q3 results in 10 days
Meow Meow Meow
1 day ago | Report Abuse
Wow TradingFUN,
You are our inspiration !
Well done!
1 day ago | Report Abuse
Maybank's forecast is sunny. Large foreign investors aren't always a blessing—Ringgit's volatility is driving them away.
The best strategy?
Rely on our own strength and resilience.
1 day ago | Report Abuse
Yesterday Mabel locked some profits at RM 10.32
Today Mabel collected back at RM 10.06, RM 10.04 and RM 10.02. Hope to get more at RM 10.00. Now it is back to RM 10.1..
To Our Success !
Meow Meow Meow
1 day ago | Report Abuse
Meow Meow Meow
RM 4.62 oledi...so nice..
1 day ago | Report Abuse
Yes Paul it's MAAGA! Haha, thanks for the laugh! I didn't expect to learn a new word today.
Meow Meow Meow
1 day ago | Report Abuse
It's looking good. There are no Trojan Horses in Capital A and Lady Sapura's 3rd Generation Leadership. They both are True Patriot to Make Malaysia Great Again. Today both PN Capital A and Lady Sapura climbs...
To Our Success !
Meow Meow Meow
1 day ago | Report Abuse
It's looking good. There are no Trojan Horses in Capital A and Lady Sapura's 3rd Generation Leadership. They both are True Patriot to Make Malaysia Great Again. Today both PN Capital A and Lady Sapura climbs...
To Our Success !
Meow Meow Meow
2 days ago | Report Abuse
Surely all these IB knows about this as well. Look at their respective TP...
Date Open Price Target Price Upside/Downside Price Call Source News
04/11/2024 5.37 6.93 +1.56 (29.05%) BUY TA Price Target News
30/10/2024 5.51 6.93 +1.42 (25.77%) BUY TA Price Target News
19/08/2024 5.65 5.52 -0.13 (2.30%) SELL KENANGA Price Target News
19/08/2024 5.65 6.00 +0.35 (6.19%) HOLD BIMB Price Target News
19/08/2024 5.65 5.90 +0.25 (4.42%) HOLD AmInvest Price Target News
02/08/2024 5.78 6.28 +0.50 (8.65%) HOLD KENANGA Price Target News
2 days ago | Report Abuse
Time will tell and we are less than 10 days away from QR...
That's why Mabel did not go all in...
2 days ago | Report Abuse
SIA logs 7.4% higher revenue in October 2024. SIA and Scoot collectively serviced 3.3 million passengers during the month.
If they can do so can we...
https://sbr.com.sg/aviation/news/sia-logs-74-higher-revenue-in-october-2024
2 days ago | Report Abuse
Base on Rafizi formula all Mabel can say is One is made in Malaysia while another one is made by Malaysia..hihi
https://www.freemalaysiatoday.com/category/nation/2024/11/18/we-want-to-move-from-made-in-malaysia-to-made-by-malaysia-says-rafizi/
2 days ago | Report Abuse
What you say is true Handsome Sslee..
Base on Rafizi formula all Mabel can say is One is made in Malaysia while another one is made by Malaysia..hihi
https://www.freemalaysiatoday.com/category/nation/2024/11/18/we-want-to-move-from-made-in-malaysia-to-made-by-malaysia-says-rafizi/
2 days ago | Report Abuse
Haha Income...Kim Chee is doing fine. Thanks to our Great Magician...
Mabel has have invested in Blue Chip, Defensive, Income, Growth, Cynical and Turnaround Fighters to scale up into 2025. Two of her fighters are potential turnaround Fighters. A turnaround stock is one that experiences a positive reversal in its performance after a period of poor performance or financial difficulty. Turnaround stocks are often undervalued and can offer significant returns if the company's recovery is successful.
Characteristics of Turnaround Stocks
Management Changes: New leadership can bring fresh strategies and perspectives.
Cost-Cutting Measures: Reducing expenses to improve profitability.
Strategic Changes: Shifting business focus or launching new products and benefiting from favourable changes in the market or industry.
Capital A and Sapura Energy as Potential Turnaround Stocks
As highlighted, while Capital A appears to be on a clearer path to recovery, Lady Sapura is still navigating through significant financial and operational challenges. Both companies have the potential to be turnaround stocks, however their success will depend on their ability to implement effective strategies and adapt to market conditions.
May these two National Assets succeed!
2 days ago | Report Abuse
Mabel has have invested in Blue Chip, Defensive, Income, Growth, Cynical and Turnaround Fighters to scale up into 2025. Two of her fighters are potential turnaround Fighters. A turnaround stock is one that experiences a positive reversal in its performance after a period of poor performance or financial difficulty. Turnaround stocks are often undervalued and can offer significant returns if the company's recovery is successful.
Characteristics of Turnaround Stocks
Management Changes: New leadership can bring fresh strategies and perspectives.
Cost-Cutting Measures: Reducing expenses to improve profitability.
Strategic Changes: Shifting business focus or launching new products and benefiting from favourable changes in the market or industry.
Capital A and Sapura Energy as Potential Turnaround Stocks
As highlighted, while Capital A appears to be on a clearer path to recovery, Lady Sapura is still navigating through significant financial and operational challenges. Both companies have the potential to be turnaround stocks, however their success will depend on their ability to implement effective strategies and adapt to market conditions.
May these two National Assets succeed!
2 days ago | Report Abuse
The contrasting performance of Capital A and Sapura Energy (Sapnrg) shares, despite both being PN17 companies, can be attributed to several factors:
Capital A's Positive Momentum (AA has the eyes of a Tiger)
Optimistic Outlook: Capital A has shown a clear path to exiting its PN17 status by the end of December 2024. This positive outlook has boosted investor confidence.
Strategic Moves: The company is restructuring by selling its aviation business to AirAsia X (AAX), which is expected to improve its financial position significantly. This strategic move is seen as a step towards stabilizing and growing the business.
Market Dominance: AirAsia, under Capital A, remains a dominant player in the low-cost carrier market, with extensive flight connections and a strong brand presence.
Investor Sentiment: Positive sentiment and market reactions to Capital A's announcements and strategic plans have driven the share price up.
Sapura Energy's Challenges (Our Lady is so lemah lembut)
Debt Restructuring: Sapura Energy is still grappling with a complex debt restructuring process. Although there have been positive developments, such as receiving approval-in-principle for its proposed debt restructuring scheme, the process is ongoing and uncertain.
Financial Struggles: The company has faced significant financial challenges, including high levels of debt and negative shareholder equity. These issues have weighed heavily on investor confidence.
Market Conditions: The energy sector, particularly oil and gas, has been volatile, affecting Sapura Energy's performance and outlook.
Investor Sentiment: The prolonged financial difficulties and uncertainty surrounding the company's future have kept investor sentiment low, resulting in depressed share prices.
In summary, while Capital A has a clear and optimistic path to recovery, Sapura Energy is still navigating through significant financial and operational challenges, leading to the differing performances of their shares.
To Our Success !
Meow
2 days ago | Report Abuse
The contrasting performance of Capital A and Sapura Energy (Sapnrg) shares, despite both being PN17 companies, can be attributed to several factors:
Capital A's Positive Momentum (AA has the eyes of a Tiger)
Optimistic Outlook: Capital A has shown a clear path to exiting its PN17 status by the end of December 2024. This positive outlook has boosted investor confidence.
Strategic Moves: The company is restructuring by selling its aviation business to AirAsia X (AAX), which is expected to improve its financial position significantly. This strategic move is seen as a step towards stabilizing and growing the business.
Market Dominance: AirAsia, under Capital A, remains a dominant player in the low-cost carrier market, with extensive flight connections and a strong brand presence.
Investor Sentiment: Positive sentiment and market reactions to Capital A's announcements and strategic plans have driven the share price up.
Sapura Energy's Challenges (Our Lady is so lemah lembut)
Debt Restructuring: Sapura Energy is still grappling with a complex debt restructuring process. Although there have been positive developments, such as receiving approval-in-principle for its proposed debt restructuring scheme, the process is ongoing and uncertain.
Financial Struggles: The company has faced significant financial challenges, including high levels of debt and negative shareholder equity. These issues have weighed heavily on investor confidence.
Market Conditions: The energy sector, particularly oil and gas, has been volatile, affecting Sapura Energy's performance and outlook.
Investor Sentiment: The prolonged financial difficulties and uncertainty surrounding the company's future have kept investor sentiment low, resulting in depressed share prices.
In summary, while Capital A has a clear and optimistic path to recovery, Sapura Energy is still navigating through significant financial and operational challenges, leading to the differing performances of their shares.
To Our Success !
Meow
2 days ago | Report Abuse
As for Mabel, it was the right decision to reenter at RM 4.53 last week
This seems to be a good support level..
As usual trade at your own risk..now waiting to see the QR cum November 28...
2 days ago | Report Abuse
You can really see how big differences between these two PN 17 Companies. While Capital is already moving, Sapnrg is still struggling...
With the potential privatization of airports, the only other main local aviation stocks left in Bursa are CapA and AAX. This presents a unique opportunity for investors to focus on these key players in the aviation sector.
Capital A is back to the sky, emerging as the biggest mover in the Prince of Malaysia and Mabel Airlines. Just Do it, Capital A, and nobody can stop you—not even PN17, not even the lousy syndicates, nor the short traders in Bursa Malaysia. Winners win, and you fly like an eagle. In fact, AirAsia is the main choice with the most connected flights. MAS is a second choice, serving only certain privileged areas. Most destinations fly AA, and they have dominated the market for a long time already.
As abidinaa said, "Just took a return flight from KUL-BRUNEI. OMG, the flight was full. Brunei is just full of wealthy kampong people. Some passengers came from Miri, of course. But the point is even Royal Brunei Airlines cannot compete. Twice daily, all dominated by AirAsia. Already profited by AAX share appreciation."
This positive sentiment reflects the strong market position and growth potential of Capital A and AAX. With their extensive network and market dominance, they are well-positioned to capitalize on the evolving aviation landscape. The future looks bright for these aviation giants as they continue to soar to new heights.
2 days ago | Report Abuse
You can really see how big differences between these two PN 17 Companies. While Capital is already moving, Sapnrg is still struggling...
With the potential privatization of airports, the only other main local aviation stocks left in Bursa are CapA and AAX. This presents a unique opportunity for investors to focus on these key players in the aviation sector.
Capital A is back to the sky, emerging as the biggest mover in the Prince of Malaysia and Mabel Airlines. Just Do it, Capital A, and nobody can stop you—not even PN17, not even the lousy syndicates, nor the short traders in Bursa Malaysia. Winners win, and you fly like an eagle. In fact, AirAsia is the main choice with the most connected flights. MAS is a second choice, serving only certain privileged areas. Most destinations fly AA, and they have dominated the market for a long time already.
One Investor said, "Just took a return flight from KUL-BRUNEI. OMG, the flight was full. Brunei is just full of wealthy kampong people. Some passengers came from Miri, of course. But the point is even Royal Brunei Airlines cannot compete. Twice daily, all dominated by AirAsia. Already profited by AAX share appreciation."
This positive sentiment reflects the strong market position and growth potential of Capital A and AAX. With their extensive network and market dominance, they are well-positioned to capitalize on the evolving aviation landscape. The future looks bright for these aviation giants as they continue to soar to new heights.
2 days ago | Report Abuse
From the EGM it looks to be on target to submit at the end of this month and suddenly this just came out after the market closed today. Sapura Energy Bhd has applied for its fourth extension of time, another six months until May 31, 2025, to submit its plan to regularise its financial condition.
The oil and gas group was to have submitted its plan to exit its Practice Note 17 status by Nov 30, 2024.
In a filing with Bursa Malaysia Securities, the group said the application for time extension was made on Nov 18, 2024 after the market closed.
https://www.nst.com.my/business/corporate/2024/11/1136239/sapura-energy-applies-fourth-extension-time-submit-pn17-exit-plan
2 days ago | Report Abuse
Sigh...
Mabel was having the impression that they were on Target to submit at the end of this month...
5 days ago | Report Abuse
The FKLI has violated the 1,600 psychological level. The index is now at a crossroads. If the 200-day SMA fails to hold, we believe another round of selloff could take place. For FKLI to regain strength, it needs to move back above the 50-day SMA.
Trade at your own risk...
5 days ago | Report Abuse
Performance
1 Week: -6.60%
1 Month: -13.54%
3 Months: -42.94%
6 Months: -45.90%
Year-to-Date: 5.32%
1 Year: 26.11%
Analysis
Price Movement: The stock price has seen a significant decline over the past three and six months, indicating a bearish trend.
Volume: The trading volume is relatively high, indicating active trading.
EMA: The current price is below all the EMA levels (20, 50, 100, 200), suggesting a bearish trend.
RSI: The RSI value of 32.40 indicates that the stock is in oversold territory, which could mean a potential rebound if buying interest picks up.
YTL Corporation Bhd is currently experiencing a bearish trend with significant price declines over various time frames. The oversold RSI suggests that there might be a potential for a rebound but the overall trend remains negative with KLCI already breach 1600 points..
Trade at your own risk...
5 days ago | Report Abuse
Great sharing mushimushi
Thank you!
5 days ago | Report Abuse
Haha it was a good decision to re-enter at RM 4.53...
Now trading at RM 4.59..hihihi..
Let's see how it progress after QR is released..
Meow Meow Meow
Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD
1 day ago | Report Abuse
Today PCHEM breached both support level :
Support 1 at RM 4.74
Support 2 at RM 4.63
Anyway, Mabel starts to re-enter PCHEM after it breaches both support level at RM 4.53 conservatively as the QR is expected to be announced on the 28th November.
With PCHEM EPS of MYR 0.25 (as per the latest data) and the PE ratio of 19.02:
PCHEM Fair Value Price = 0.25 ×19.02 = RM 4.76
This means that Mabel has collected at a good price given today’s closing prices is MYR 4.55 which is slightly under the above fair value...
Hope for the best!
6 days ago | Report Abuse
Car sales in Malaysia could hit 800,000 units this year, says MAA
BY LUQMAN AMIN THEEDGEMALAYSIA.COM
KUALA LUMPUR (Nov 14): The Malaysian Automotive Association (MAA) said the country’s new car sales volume or total industry volume (TIV) could reach 800,000 units this year, driven by strong year-end promotions and robust demand for national cars.
6 days ago | Report Abuse
#Ny036 When dividend will declare?
More than 12cents?
07/11/2024 12:47 AM
Just like PCHEM, Bank Islam Malaysia Berhad (BIMB) is expected to announce its quarterly results (QR) on November 28, 2024. BIMB has a strong track record of paying consistent dividends over the years. Last year Dividend Yields is 7%.
The stock remains in a sideways range but recently tested its 52-week high of MYR2.80 on increased volume. A breakout above this level would signal bullish continuation, supported by the higher lows structure that completes an ascending triangle pattern. With the recent rise in the RSI, a breakout appears imminent, potentially starting a new upcycle
To Our Success !
Meow
6 days ago | Report Abuse
paulthesotong Nett profit of Baht of 3,446M...
14/11/2024 8:54 AM
It's looking good Paul...
More good news cuming...
Stock: [CAPITALA]: CAPITAL A BERHAD
2 hours ago | Report Abuse
The_JQuestion meowww , can u smell who the dead fish are 🐡🐡🐡 ? busuk on the outside and in the hati?? HATI2 they only care about their agendas and $$
Anthony Francis Fernandes will take care of ur worries.. will the stock hit its 2 years + high of 1.23 before year end??
or will it go even higher , QR week is incoming , , 🆙🆙and Away ⬆️⬆️⬆️
20/11/2024 10:56 PM
Haha JQ, Mabel has been busy with PCHEM and Maybank...as Paul said after the storm cum the good weather...
To Our Success !
Meow Meow Meow
Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD
1 minute ago | Report Abuse
kl_guy look like the sell down have bottom out. Next stop rm5.00
21/11/2024 12:54 PM
Indeed KL!
PCHEM make a remarkable recovery climbing more than 6% today (went up as high as RM 4.9 today from opening RM 4.57) despite RM789 million loss this quarter. Essentially, they accumulated all the Forex paper losses from the 2019 US $9.8 billion loans for the Pengerang project and released them all at once this quarter, which is quite unusual accounting.
Those who sold from 5.50 to 4.50 might have engaged in insider trading, as the quarterly loss was announced, but insiders had already taken action weeks before the official announcement yesterday.
However, the good news is that the current price already reflects the quarterly loss. With the US Federal Reserve planning to cut rates to zero in the next 6-12 months, all the Forex paper losses will be reversed...
Thanks to Mabel's Marvelous Capital A, Mabel managed to catch her flight at RM 4.53 last week..
To Our Success !
Meow Meow Meow