Hahaha

Capital A CEO Tony Fernandes is always known for being unconventional, like how he handled this passenger bringing her own food onto a flight. Well, his eccentricities have struck again, this time in the spirit of Chinese New Year!

The festival is technically over but it still isn’t too late to give out ang paos. Well, that’s what Tony Fernandes did recently, blessing his employees at work! The unexpected act had netizens cooing, with some praising Tony for his deed.

Next Wang will be cumming from Tan Sri Francis Yeoh..hihihi…

https://hype.my/2024/370093/tony-fernandes-stylish-ang-pao-giving/

#dragon328
While the hyperscalers like Google, Amazon and Microsoft are trying to do load shifting between their data centres around the world to reduce carbon emission, why not just shift some of the data centre loads to YTLP's Kulai data centre park which is powered by 100% RE?

Posted by Mabel > 5 hours ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/02/27/ai-explod...

Nvidia Corp chief executive officer Jensen Huang has said AI has hit a “tipping point.” He has also said that the cost of data centres will double within five years to power the rise of new software.
27/02/2024 5:25 PM

Perfect logic dragon328!

YTL Power International Bhd (YTLPOWR, 6742)

We believe the buying interest of YTLPOWR has returned after it broke out from its one-monthbullish flag pattern last Friday. Higher trading volume sent the share price to bounce off the 20-day EMA line on the back of fresh uptick in the RSI, signalling bullish momentum is picking up further.

We expect the rising momentum is set to steer the stock higher and test the next level of resistance of RM4.25 (R1) and RM4.40 (R2) in the near term. On the downside, stop-loss is set at RM3.62, below the 22 Jan’s low.

Source: Rakuten Research - 26 Feb 2024

#kvlam1010 Mabel, would you please give me the linked of Maybank's TP. of PCHEM ?
27/02/2024 12:29 PM

Sure kvlam1010

https://mkefactsettd.maybank-ke.com/PDFS/366758.pdf

Cheers!

Meow Meow Meow

https://www.thestar.com.my/business/business-news/2024/02/27/ai-explodes-data-centre-energy-use

Nvidia Corp chief executive officer Jensen Huang has said AI has hit a “tipping point.” He has also said that the cost of data centres will double within five years to power the rise of new software.

Maybank gave a revised TP of MYR5.05

PCHEM’s 4Q23 results missed expectations. We cut our FY24-25E EPS by - 33%/-37% to account for:

i) lower EBITDA margins for its O&D segment;
ii) post results house-keeping; and iii) incorporating Pengerang ops beginning
2H24. With that, our TP is lowered to MYR5.05 (from MYR5.75) after rolling
forward valuation to FY25E (from FY24E) based on 18.1x PER (previously
16x), its updated 5Y mean. Maintain SELL.

Source : Maybank

4Q23 missed expectations but DPS was in-line

Ex-one-off (MYR78m inventory write down to NRV), 4Q23 core net profit was MYR161m (-61% QoQ, -81% YoY). FY23 core earnings of MYR1,774m (-69% YoY) was only 86%/82% of ours/consensus estimates.

Key variance against our forecast was due to: i) unexpected shutdown at PC Aromatics and slowdown at PC Olefins due to steam interruption issues, resulting in lower production & sales volume in 4Q23; and ii) crimping of EBITDA and
PAT margins due to operating leverage (lower sales volumes), coupled with
higher maintenance costs throughout the quarter. A 2nd interim 5sen DPS
brings FY23 DPS to 13sen (62% DPR), well within our forecast.

PetChem declared a dividend of five sen per share amounting to RM400 million payable on March 26.

Total dividends for FY2023 came in at 41 sen per share, totalling RM1 billion.

Thank you PCHEM

Meow

metaverse

What you share is interesting...

It is amazing to see TF is thinking outside the box to turn around Capital A.

As you said, "this is an old news that was published 5 years ago but still relevant as AA's fuel costs are priced in USD and air tickets are priced in MYR. It is a simple math logic. Last time they collected RM3.8 to pay for USD1 fuel costs and now they must collect RM4.8 to pay for USD1 of fuel costs. Our minister of economy has underestimated the devastating impact of weakening ringgit as our household debt has reached the alarming level"…

As far as Technical Cycle Analysis for trading, Capital A, above 0.88 is bullish, below 0.88 is bearish. Right now Mabel is waiting for the breakout signal. Can you enlighten is what you mean a key date to watch, total solar eclipse on April 8, 2024 will cross North America, passing over Mexico, the United States, and Canada.

This is the 1st time Mabel see this kind of Technical Analysis..

The acquisition of a 50 percent stake in SapuraOMV by TotalEnergies has implications for Sapura Energy Berhad

1. Retained Stake: Following the deal, Sapura Energy will retain its 50 percent interest in SapuraOMV. This means that despite the change in ownership, Sapura Energy will continue to hold a significant share in the joint venture

2. Streamlining Portfolio: The agreement aligns with OMV’s Strategy 2030, which aims to reduce oil and gas production over time. By divesting its stake to TotalEnergies, OMV is streamlining its energy portfolio. This strategic move could potentially benefit Sapura Energy by allowing it to focus on other aspects of its business


3. Asset Value: SapuraOMV’s main assets include a 40 percent operated interest in Block SK408 and a 30 percent operated interest in Block SK310, both located offshore Sarawak in Malaysia. Additionally, SapuraOMV holds exploration licenses in Mexico, Australia, and New Zealand. The value of these assets and their growth potential will play a crucial role in determining the impact on Sapura Energy

4. Financial Implications: The deal’s cash consideration of US$903 million includes the transfer of a US$350 million loan previously granted by OMV to SapuraOMV. Sapura Energy will receive a substantial cash infusion, which could positively affect its financial position


5. Strategic Partnership: TotalEnergies’ CEO, Patrick Pouyanné, emphasized that the transaction anchors the company’s future growth in Malaysia and reinforces a strategic partnership with Petronas. Sapura Energy’s collaboration with TotalEnergies and its continued involvement in SapuraOMV underscore its significance in the energy landscape


In summary, while the acquisition introduces changes, Sapura Energy’s retained stake, asset value, and financial implications will determine the overall impact. As the deal unfolds, Sapura Energy’s strategic decisions and market response will shape its trajectory in the energy sector.

Here are some of the latest news about the Sapura Energy:

Sapura Energy has launched Kitar Solutions, a new venture aimed at providing integrated decommissioning services in Southeast Asia and supporting the nation’s energy transition agenda.

The company has partnered with AF Offshore Decom, a Norwegian company specialising in customised decommissioning solutions.

• Sapura Energy has secured major contract wins and extensions in Malaysia and Thailand for its Engineering & Construction (E&C), Operations & Maintenance (O&M) and Drilling segments, with a combined value of approximately RM1.2 billion.

• Sapura Energy and its 22 wholly-owned subsidiaries have been granted an extension of nine months from June 11, 2023, to March 10, 2024, for the Convening and Restraining Orders for its proposed debt restructuring.

• Sapura Energy has announced that it has secured five new contracts valued at RM1.3 billion for its E&C and Drilling segments. Among the new wins is the submarine rescue service contract for the Royal Australian Navy, which is a first undertaking for the group.

https://www.businesstoday.com.my/2024/02/26/sapura-energy-partners-decon-to-offer-decommissioning-services/

#InvestorKING Mabel= Seng siaw wei
25/02/2024 6:47 PM

#The_JQuestion Mabel and i have the same thinking... we made money some place ,, cap A will be our next meeting... rm 1 ++ , huat CHAII ahhh
25/02/2024 7:36 PM

Indeed The_JQuestion, to our Success!

Likewise InvestorKING and Mabel made lots of money in Armada...

Haha unfortunately Mabel can't say the same thing with Auntie Huang..

Why would Mabel want to follow Auntie hibernating for 7 years when Mabel has so many life fulfilling counters in Bursa? So unproductive debating with selective memories Aunty..

Just face it...Auntie is already finished both in PM Corpes and Serba...hihihi..

There are currently 3 types of Investors in Serba:

1. Bonus Issues Investors
2. Pre July21 Suspension Investors
3. Post July21 Suspension Investors

The one that benefits the most is Category 1 who was awarded Bonus Issues, Dividends and took price action during Dec 2020 rally. 2nd is Category 3 who took massive price action during July 2021 rally, Nov and Dec 2022 Pull Back. The Biggest loser are in Category 2 who like Auntie Huang freeze like Old Monks when they are supposed to take massive Price Action when it matters...Fool Time Trader

Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

Jan 23, 2024 11:52 AM | Report Abuse

#Mikecyc Haha why Auntie Huangg is a Kon , she invested only one PMCorp . 1st post on November 2013 , after December 2013 went hibernated more than 7 years .

>> Posted by messi > 2013-12-09 10:14 | Report Abuse

calvin cakap TP RM1.50...long term RM10.00

23/01/2024 11:35 AM

Haha thank you Sifu Mickey...

Now Mabel understand..

Haha today PMCorpes is trading at 20 sen..

No Wonder Auntie Huang went missing hibernating for 7 years..hihihi...

Meow

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD

Dec 29, 2022 10:51 AM | Report Abuse

whizzkid
Mabel is the best! I knew it..
15/07/2022 12:40 PM

Haha of course Mabel is the best..

Now you know why Blondi and Huang always loves to follow Mabel across i3 and walk 3 steps behind Mabel..

Keep pumping..

Meow Meow Meow

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Feb 22, 2024 10:31 AM | Report Abuse

#TalkNumberOne Mabel why siao lang sniffing you from behind all the time? Hahaha😂😂😂😂😂
22/02/2024 8:51 AM

Hahaha...what do you expect from an Auntie who has been hibernating for 7 years?

Sure finish one after wake up...hihihi...

Unlike Sapnrg, Capital A does not fit the traditional Cigar Butt profile due to its active diversification and ongoing ventures.

Capital A (formerly AirAsia Group):

Capital A (previously known as AirAsia Group) has a history of revolutionizing the travel industry in Asia by making flying affordable for everyone.
While it has faced challenges, its transformation into a diversified group with ventures beyond airlines (such as food delivery and gateways) indicates adaptability and resilience.
However, it does not fit the typical Cigar Butt profile, as it is not a distressed company but rather a dynamic player in various sectors.

Boeings woes from half way across the world will limit the fleet growth of Malaysian carriers, in our view.

Consequently, we believe it is unlikely that the Malaysian aviation industry will experience overcapacity this year.

This will help airlines maintain a floor on fares but preclude MAHBs Malaysia passenger traffic from recovering to pre-COVID levels. We like non-Boeing operators CAPITALA and AAX. Notwithstanding the above, we still like MAHB for its potentially positive new OA.

Source: Mabel's Tiger Bank

Excerpts from CGSCIMB report

Singapore Airlines (SGX: C6L)

Upgrade SIA from Reduce to Add on likely strong 2HFY24F results, and our final DPS expectation of 40 Scts, implying a final dividend yield of 6.2%.

Pax demand remains strong, cargo yields rose sharply in Oct-Dec 2023, jet fuel prices have dropped, and a key competitor is struggling with capacity.

We raise our TP to S$6.91 on higher core EPS estimates, based on a higher CY24F P/BV of 1.2x (+2 s.d. above mean), from 1.15x previously.

Re-rating catalysts from strong pax and cargo demand in 2HFY24F
Singapore Airlines (SIA) is releasing its 3QFY3/24F (Oct-Dec 2023) business update on 20 Feb 2024. We expect SIA to deliver 3QFY24F PATAMI of c.S$800m, followed by PATAMI of c.S$700m in 4QFY24F.

Consequently, we forecast 2HFY24F PATAMI of S$1.5bn, slightly better than 1HFY24F’s PATAMI of S$1.44bn and higher than 2HFY23’s S$1.2bn.

The strong 3QFY24F performance would likely be driven by the continuing strong passenger airline PLF of 87-88% in Oct-Nov 2023 and which we think will likely keep yields elevated in 3QFY24F.

What surprised us positively was SIA’s strong cargo performance in the closing months of 2023, with average monthly FTK in Oct-Nov 2023 higher by 6% against the monthly average in Jul-Sep 2023 and the Oct-Nov 2023 CLF also 3.4% pts higher vs. Jul-Sep 2023.

We expect CLF to rise to 59% in the Dec 2023 seasonal peak (+4.7% yoy), due to robust e-commerce trade between China and Europe/the US.

The Baltic Exchange Air Freight Index, representing cargo yields, rose an average of 30% in Oct-Dec 2023 (vs. Jul-Sep 2023) due to the higher demand, albeit still lower on a yoy basis.

Disruptions in container shipping on the Red Sea/Suez Canal routing since mid-Nov 2023 as a result of Houthi rebel attacks, and the resulting lengthening of shipping times between Asia and Europe, may also work to the benefit of air freight demand.

Lower jet fuel prices; competitors’ capacity struggles; bumper DPS
Lower jet fuel prices could also help SIA’s results, having declined from a recent peak of US$128/bbl in mid-Sep 23 to US$100/bbl currently. We estimate that SIA’s all-in jet fuel price for 3QFY24F may still increase to US$114/bbl (from 2QFY24’s US$98/bbl).

Meanwhile, competitor Cathay Pacific (293 HK, Not Rated) is said to be struggling to restore its capacities, with the Straits Times and Reuters reporting that Cathay continues to face pilot shortages, forcing it to cancel flights in Dec 2023 and for the Feb 2024 Lunar New Year.

We expect a bumper final DPS of 40 Scts in May 2024F, in addition to the 10 Scts interim DPS declared in Nov 2023, taking the FY24F dividend payout to 53% (similar to FY23’s 58%).

Our forecast of 40 Scts final DPS implies a 6.2% yield, which is very good for a six-month holding period, in our view. Downside risks include rising competition as other airlines restore their fleet, and an unexpected surge in jet fuel prices.

Valuation/Recommendation
We upgrade our recommendation on SIA from Reduce to Add. We have recognised the strong revenue dynamics of its passenger airline business over the six-month period from Oct 2023 to Mar 2024.

EatCoconutCanWin Buy. Singapore airlines record revenue.
21/02/2024 10:54 AM

Why settle for one when you have both?

Proud to the shareholders of Capital A...

Now Every Wang Can Fly...

Meow

Haha Nvidia Hit USD 800 tonight...

Next week YTL Power will rocket!

Meow Meow Meow

How do you make billions in a day? Ask Jensen Huang. The Nvidia (NVDA) CEO saw his net wealth swell by $10B to $69.2B on Thursday after a dizzying post-earnings rally that turned the heads of nearly everyone on Wall Street. Investors were also celebrating in style as Nvidia shares soared 16.4% during the session to a new record high of $785.38, and they even managed to breach the $800 level in premarket trading this morning as the AI darling nears the $2T valuation milestone.

Snapshot: The latest rally resulted in the biggest single-session increase for a U.S. company in history, with Nvidia adding $277B in market value. Putting it in perspective, the increase alone was larger than some of the biggest blue-chip firms, like Coca-Cola (KO). The powerful advance also fueled the 14th record close for the S&P 500 (SP500) in 2024, and with Nvidia skyrocketing nearly 60% this year, it now accounts for more than a quarter of the benchmark S&P's increase YTD. It's also helped put the stock on the radar of broad-market investors and owners of index funds, not just Nvidia's direct shareholders.

Why is it worth so much? Just like any revolution, the companies that stand to make the most money are the ones providing the tools to achieve the transformation, not necessarily the ones that do it. Nvidia (NVDA) is providing the most advanced GPUs needed to power generative AI platforms and the large language models being developed by Big Tech, and holds an estimated 80% share of that market amid demand that has been off the charts. Remember that each of these chips is worth tens of thousands of dollars, and Silicon Valley cannot eat them up fast enough, with plenty of cash to do so.

To Our Success!

Meow Meow Meow

Cheers OTB and dragon328!!!

To Our Success !

Meow

Haha Daily Chart still looks bearish..

However our YTL Power so Power..

Looks like TA lose big time to FA this time..hihihi..

To Our Success!

Very good write up dragon..

So proud to be one of the shareholders of YTLPOWER..

Thank you so much!!!

Yes Felix888999..hihihi...

#Huangbk72 Hahahaha.. ConMabel got time to post here.. not in your Serba?

Shy or embarrassed? 🤣🤣🤣
22/02/2024 10:34 AM

Haha Auntie Huang..

Why would Mabel want to follow Auntie hibernating for 7 years when Mabel has so many life fulfilling counters in Bursa? So unproductive debating with selective memories Aunty..

Just face it...Auntie is already finished both in PM Corpes and Serba...hihihi..

There are currently 3 types of Investors in Serba:

1. Bonus Issues Investors
2. Pre July21 Suspension Investors
3. Post July21 Suspension Investors

The one that benefits the most is Category 1 who was awarded Bonus Issues, Dividends and took price action during Dec 2020 rally. 2nd is Category 3 who took massive price action during July 2021 rally, Nov and Dec 2022 Pull Back. The Biggest loser are in Category 2 who freeze like Old Monks when they are supposed to take massive Price Action when it matters...Fool Time Trader

Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

Jan 23, 2024 11:52 AM | Report Abuse

#Mikecyc Haha why Auntie Huangg is a Kon , she invested only one PMCorp . 1st post on November 2013 , after December 2013 went hibernated more than 7 years .

>> Posted by messi > 2013-12-09 10:14 | Report Abuse

calvin cakap TP RM1.50...long term RM10.00

23/01/2024 11:35 AM

Haha thank you Sifu Mickey...

Now Mabel understand..

Haha today PMCorpes is trading at 20 sen..

No Wonder Auntie Huang went missing hibernating for 7 years..hihihi...

Meow

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD

Dec 29, 2022 10:51 AM | Report Abuse

whizzkid
Mabel is the best! I knew it..
15/07/2022 12:40 PM

Haha of course Mabel is the best..

Now you know why Blondi and Huang always loves to follow Mabel across i3 and walk 3 steps behind Mabel..

Keep pumping..

Meow Meow Meow

#TalkNumberOne Mabel why siao lang sniffing you from behind all the time? Hahaha😂😂😂😂😂
22/02/2024 8:51 AM

Hahaha...what do you expect from an Auntie who has been hibernating for 7 years?

Sure finish one after wake up...hihihi...

#Felix888999 I have proven Auntie Huang she is a tin kosong for 3 rounds. Above post is a summary for Sapura Energy supporters see how dumb is this auntie Huang bok kai.
21/02/2024 4:17 PM

Haha Smart Felix888999 is always right..

Problem with Auntie Huang, she has selective memories...

Meow

Stock: [CAPITALA]: CAPITAL A BERHAD

Jan 23, 2024 11:52 AM | Report Abuse

#Mikecyc Haha why Auntie Huangg is a Kon , she invested only one PMCorp . 1st post on November 2013 , after December 2013 went hibernated more than 7 years .

>> Posted by messi > 2013-12-09 10:14 | Report Abuse

calvin cakap TP RM1.50...long term RM10.00

23/01/2024 11:35 AM

Haha thank you Sifu Mickey...

Now Mabel understand..

Haha today PMCorpes is trading at 20 sen..

No Wonder Auntie Huang went missing hibernating for 7 years..hihihi...

Meow

MrHuangBK
Now it’s 2024, why you never active in Serba anymore? Used to be your home right? 🤣🤣
20/02/2024 5:42 AM

Haha Auntie Huang why you hibernate for 7 years?

Now you missed all the fun. Serba only left 2019 Bonus Issues Free Warrant after making so much money at that counter..

Handsome Sslee is correct as beside trading the PN17 companies no attacks were made in the other 10 Mabel’s counters as they were not a PN17 Companies.

In summary, the association with the attack on PN17 companies reflects the perception of risk and uncertainty surrounding financially distressed firms. Investors approach such situations with caution, much like navigating shark-infested waters in the financial world.

By successfully implementing the regularization plan and providing evidence of financial recovery, a company can regain its standing and exit the PN17 status. It’s a crucial process for companies aiming to restore investor confidence and maintain their listing status. They way Mabel sees it, Sapnrg and Capital A are run by an honest businessman unlike SD.

As Mabel always said, it's all about position sizing so that you can handle the blow if things does not go as you wanted. Beside there are many other counters to play with.

Sapnrg is an integrated oil and gas services provider. It has faced financial difficulties and embarked on a debt restructuring plan. The stock price has been volatile, and the company’s financials have been challenging. While it exhibits some characteristics of a Cigar Butt (beaten down, trading below net liquidation value), it’s essential to assess its recovery prospects.

Haha Mabel Sapnrg holding cost is at 3 sen...Can't go wrong at this entry level.

Serba only left 2019 Bonus Issues Free Warrant. Let’s hope the new Management cum on board.

Meow

If U turn again, Mabel is waiting at RM 3.750...

No problem...

In summary, we believe it is unlikely that the Malaysian aviation industry
will experience overcapacity this year à la 2019. Then, Malaysian carriers
operated 274 aircraft as at end-2019 (Fig. 1). Today, they operate a more
measured 260 aircraft which is similar to the figure as at end-2017. This
will help airlines like CAPITALA and AAX maintain a floor on fares (Fig. 2 &
3). Yet, this precludes MAHB’s Malaysia passenger traffic from recovering
to 100% of 2019 levels due to the lack of aircraft (MIBG 2024 forecast: 93%
of 2019 levels). We maintain our estimates, TPs and BUY calls on CAPITALA,
AAX and MAHB. MAHB remains a BUY for potential upside from a new
Operating Agreement with the Government of Malaysia.

Maybank Target Price: RM 0.92 with 27% upside!

Malaysia Aviation

If it’s a Boeing, I’m not going

Meow

Boeings woes from half way across the world will limit the fleet growth of Malaysian carriers, in our view.

Consequently, we believe it is unlikely that the Malaysian aviation industry will experience overcapacity this year.

This will help airlines maintain a floor on fares but preclude MAHBs Malaysia passenger traffic from recovering to pre-COVID levels. We like non-Boeing operators CAPITALA and AAX. Notwithstanding the above, we still like MAHB for its potentially positive new OA.

Source: Mabel's Tiger Bank

Sembcorp Industries
U96
Share Price 7 Day 1 Year
5.81 4.9% 54.5%

Full year 2023 earnings released: EPS: S$0.57 (vs S$0.40 in FY 2022)
Full year 2023 results:
EPS: S$0.57 (up from S$0.40 in FY 2022).
Revenue: S$7.04b (down 10.0% from FY 2022).
Net income: S$1.02b (up 45% from FY 2022).
Profit margin: 14% (up from 9.0% in FY 2022). The increase in margin was driven by lower expenses.
Revenue is forecast to stay flat during the next 2 years compared to a 4.3% growth forecast for the Integrated Utilities industry in Asia.

Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth.

Hahah sooooo nice RM 3.870 oledi...

So happy with yesterday's and last week collection...

Meow Meow Meow

Consensus price target down from RM1.01 to RM0.97.

Third quarter 2023 results:
Revenue: RM4.23b (up 116% from 3Q 2022).
Net loss: RM178.8m (loss narrowed 80% from 3Q 2022).
Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Airlines industry in Asia.

Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.

Haha Auntie Huang

Let Mabel refresh you..

What year is this year? 2024 right?
What year were you in PM Corpes? 2013 right?
2024-2013 = How many years is it...including 7 years hibernation..hihihi..

10 years with dead corpses....sure finish one..hihihi

To Our Success !

Captain Mabel Meow

Sapnrg shows more resemblance to a Cigar Butt, given its financial struggles and low stock price. However, further analysis is needed to determine its potential recovery.

Capital A does not fit the traditional Cigar Butt profile due to its active diversification and ongoing ventures.

Verdict:

Sapnrg (Sapura Energy Berhad):

Sapnrg is an integrated oil and gas services provider.
It has faced financial difficulties and embarked on a debt restructuring plan.
The stock price has been volatile, and the company’s financials have been challenging.
While it exhibits some characteristics of a Cigar Butt (beaten down, trading below net liquidation value), it’s essential to assess its recovery prospects.

Capital A (formerly AirAsia Group):

Capital A (previously known as AirAsia Group) has a history of revolutionizing the travel industry in Asia by making flying affordable for everyone.
While it has faced challenges, its transformation into a diversified group with ventures beyond airlines (such as food delivery and gateways) indicates adaptability and resilience.
However, it does not fit the typical Cigar Butt profile, as it is not a distressed company but rather a dynamic player in various sectors.

#EngineeringProfit Captain Mabel, what's our next destination ?
19/02/2024 10:22 AM

#EngineeringProfit Captain Mabel....calling captain of the plane, are you there in the cockpit?
19/02/2024 3:39 PM

Haha as far as Captain Mabel is concern just follow Maybank Target Price..

Today Mabel been busy with YTL Power..

Haha Let’s explore whether these two PN17 Companies; Capital A and Sapnrg qualify as Cigar Butt Companies:

Date Open Price Target Price Upside/Downside Price Call Source News
30/01/2024 4.02 4.10 +0.08 (1.99%) BUY KENANGA Price Target News
30/01/2024 4.02 5.10 +1.08 (26.87%) BUY AmInvest Price Target News
24/01/2024 3.80 5.15 +1.35 (35.53%) BUY HLG Price Target News

Nice and Lovely...

Irrespective of the share price fluctuations, I always fall back to fundamentals. As long as the earnings continue to grow, share price appreciation will follow. Simple as that. Let the numbers in the upcoming quarterly results speak for the company prospects...

Meow Meow Meow

Thanks indeed OTB


Based on YTL Power Technical chart..

The first strong support is at 3.70. The next strong support is at 3.50. The daily chart is bearish and daily MACD is also bearish. So Mabel expects there is correction here. Fortunately, the weekly chart is still bullish and weekly MACD still show a buy signal. So Mabel collect more at RM 3.80 and RM 3.750. Some nice Uncles and Aunties matched Mabel's queue..

So happy with today's collection.

Yes, strong support is always there, most likely fund managers, judging from the substantial volumes of more than 36 million shares traded today..

Meow Meow Meow

Wow so nice so power.. So happy...

Meow Meow Meow

KUALA LUMPUR (Feb 17): The return of foreign funds to the region is expected to provide a fillip to Bursa Malaysia next week, as buying momentum for domestic equities persists on renewed optimism.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the brokerage firm remains hopeful that the current momentum would lift the trading volume and draw in more investors into the market, especially retail investors.

“As such, we anticipate the index to hover within the 1,520 to 1,540 range next week, with immediate support at 1,520, followed by 1,500. A notable subsequent resistance level stands at 1,540, and a breakthrough above this level could signal further upward momentum,” he told Bernama.

Haha Mabel still keeps Maybank...It's a good Dividend Company..

Meow Meow Meow

Thanks for sharing OTB...

It so happen that today, beside YTL Power, Mabel also collected Gamuda..

To Our Success !

Meow Meow Meow

Anyway today Mabel collect more YTL Power and Gamuda shares..

Be Greedy when others are fearful...hihihi

Meow