Hihihi Mabel feel so honoured

What do you expect from Fool Time Trader..

Lose money, blame people..
Win money, claim self victory..

Totally Cap Ayam Trader..

Meow

Bon888 AAX was able to write back RM 33.6 billion because of "forgiveness of liabilities" .
This is due to massive debt haircut of 95%.

Bob was licking SSLEE`s back asking why AAX able to get this haircut. He himself no idea but keep posting AAX provision write back. Check his post in AAX.
05/05/2023 10:52 PM

Cheers Bon888!

Haha wang to hear some facts?

Mabel made 800% Profit in PN 17 Barakah
ConHuang lose 60% in Non PN 17 Corpse..Hihihi...

Which is better?

Haha now you know why some 72 years and 33 Years Old Man so jeles and follow Mabel across i3 and walk 3 steps behind Mabel..like Abbot and Castello ...

Keep pressing..Mabel still wang to collect 3 sen...

Let see how good your are...

Haha ConHuang

Where is Mabel 3 sen?

Simple thing like this also cannot do..

I thought you are Fool Time Trader?

Uncles only see debts..they cannot see the big pictures. Mind too narrow..

Haha AirAsia got debt, see how much today..

AAX also got debt, see how much today.

FGV also got debt, see how much today..

Once they kowtim, suddenly all the 10b are gone..

That time confirm cannot catch Lady Sapura oledi

Meow Meow Meow

Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Mar 20, 2023 7:04 AM | Report Abuse

Haha FGV earlier has mountain of debt... 10 Billion.. White Night cum.. Last Friday FGV Breakout. Price shoot to the skies after playing monkeys swing for many moon..

Haha here is the best part.. Can give 11% Dividend some more..

Meow Meow Meow

Haha now you know why Mabel always Goyang Kaki..

Syndicate (Hedge Funds) are controlling. Certainly Not the retailers..

They want to collect back at 4 sen..Well good luck to them..

Mabel not selling. Mabel waiting for White Knight cumming soon

As long it's above 3.5 sen, Sapnrg is positive in Mabel's P&L

Analysts contacted by The Edge say they do not think the troubles at Sapura Energy would significantly impact the banks involved.

“Sapura is not a new account and the development is not fresh per se. They [banks] have been putting in provisions even before this [latest development]. So the level of provisions should be sufficient,” says Hong Leong Investment Bank analyst Chan Jit Hoong.

Handsome Prince Qatar is also cumming...Prince is so macho, so power, so rich..can even host recent World Cup..

PNB and Maybank are also cumming...so power,so rich,so compassionate

Meow Meow Meow

Haha looks like all the jokers with no shares are so busy today entertaining themselves for missing the boat.

Ironically the Wang with shares all so relax and Goyang Kaki only..waiting for White Knights..

Do you know why?

Because the Wang with shares all have already collected enough when Sapura shares was at lowest points..

Now even at 4 sen oledi made tons of profits.
If 5 sen even better...
If 6 sen even even better..
If 50 sen can buy Mercedes oledi..
If RM 1 wow.. Mabel leaves that to your imagination
If RM 2..Hahaha... Now you know why all these Jokers camping here 24x7 wang to press the price down so that they can collect..

Mummy always said.. Don't listen to strangers..

No money.. No honey..

Your money your call..

Meow

Haha Bobby Cai and ConHuang are both Sour Grapes...

What's wrong defending a Malaysian Companies with good potential?

Does that mean Prince Qatar is scammer?
Does that mean PNB is scammer?

There are over 100 stock investing and trading strategies, the "best" is always the one fits into one's personality. "Honey" or "Poison" is always a choice depending on personality, similar to many medicines could be a poison if applied to wrong patients.
‌
Most of the well-known investors are known contrarian investors, eg. Warren Buffett, Jim Rogers, Benjamin Graham, John Templeton, etc, demonstrating "Buy Low Sell High" does work. However, for the same strategy to work for you, need to learn the conditions for applications…

Mabel is here to catch " Salmon" in very murky water. Either you are In or Out. You have to burn your Textbooks if you want to Fish here...

Even putting your money in a cemetery is not safe these days. Someone even lose 60% in that cemetery. You wang to be safe better put your money in FD and don't play with Stock Market.

Stock Market is only for Big Boys and Gals. Certainly not for jumpy B40 Old men and Crying Babies..

Mabel, the Innocent Gal Next Door

Bon888 Mabel this joker Bob`s left hand calling his right hand as Sifu.

His left hand bought Sapura at 0.04 this morning. His right hand sold all SAP holding bought at 2.0 this morning at 0.035.

Left hand paper gain 0%, right hand lost 98.25%.
Hahahaha
05/05/2023 10:15 PM

Haha Yes lah Bon888

Now Mabel is laughing and rolling all over the floor..Hahaha

Good Closing at 4 sen...Sap P&L very GREEN..

Summing up...

Price of Sapura will stay between 3.5 to 4 sen until the restructuring plan is approved.

If restructuring plan not approved..

- PNB and Maybank lose money
- Sapura staff lose job
- Government can no longer get corporate tax from Sapura
- Government can no longer get Sapura employee income tax.
- Vendors lost business opportunities/projects from Sapura.
- Banks may not recovery borrow money
- White Knight not cumming..

Conclusion - Too Big to fail. Nirvana is not too far away

Meow

So Sad...

Still cannot collect at 3 sen..

All Uncles want to be DJ...

B40Forever I think BobAxelrod is a good dude lah. He always helps us newbies and make sure we don't get scammed. I really appreciate him being here in the forum.

but sorry sifu Bob, I just bought 0.04, so cannot cutloss 0.035 now. I'll try sell 0.04 or 0.045 if rebound. If I always cutloss i'll be B40 forever lohh. should have read all you comments first before bought. hmmm
05/05/2023 5:11 PM

Haha even season Nick also got con by Bobby Cai...Hahaha

B40Forever
B40Forever | Joined since 2023-05-05

Summary
Total comments
41
Past 30 days
41
Past 7 days
41
Today
41

Haha this B40 Forever is a new ID created 2 hours ago by Bobby Chai..all 41 posts in Sapnrg..

Haha Bobby Cai wearing a new skirts again. Now his left hand is talking to his right hand...

Now Mabel is laughing and rolling all over the floor..

This Bobby Cai@Blondi@Trevor@Super Boob is so funny... hihihi

OKU_2020 Meow / Talk Koq No 1 / Atok Kembara in Closet - Now Shiveringg
05/05/2023 9:15 AM

Haha Mabel now so sad...

Uncles swing wrong direction...

Mabel wang 3 sen...not 4 sen Uncles..hihihi

Haha very true T#1. Bat Huang should not compare himself with Smart Trader. He should compare himself with Super Bobby Chai..

That way they both can live happily ever and after wearing outside panties hanging on the tree like monkey at Hibi singing Hibibi..

They both belong to each's others. Both wang to be DJ instead of Smart Traders. Hihihi...

Meow

youarewelcome88 I lost my bet & money in Perisai years ago. I was bought at half a send. I am not ashamed to declare I lost money in the share market. I don't find it shameful... Of course I do make money in Barakah as @Mabel.
04/05/2023 1:02 PM

Indeed Barakah was a Darling...

Looking forward for another repeat with Sap..

Meow Meow Meow

Sigh...still cannot collect at 3 sen...

Ya lor what to do all wang to be DJ....

Haha Monk Huang still here ke?

Today is Wesak Day..Didn't you suppose to be at the Monastery?

You suppose to Freeze like Monk like what you did in PMCorpes and SD..

How cum you here? You want to change job ke?

Ya lor change of job is always good after losing so much..

Now wang to be a DJ ke?

Haha AirAsia got debt, see how much today..

AAX also got debt, see how much today.

FGV also got debt, see how much today..

Once they kowtim, suddenly all the 10b are gone..

That time confirm cannot catch Lady Sapura oledi

Meow Meow Meow

Sent our regards to Castello Bob No Hope..

Hope he will continue hanging at Hibi like monkey singing Hibibibi when everyone has oledi locked their profits at RM 1.30..

Looking forward to collect today at 3 sen..

Meow Meow Meow

Haha Abbot Huang

Can you educate Mabel how cum AAX will huge debt share price go up up and way after share consolidation?

Meow

Keep swinging ya..Mabel will cum back and check to see if Fool Time Trader know how to trade or not..

Don't want Fool Time Trader to be like Bobby Chai ...

Every day brag about TA and FA but still stuck like Monkey at Hibi singing Hibibi when people oledi locked profit at RM 1.30..

Don't be naughty ya... Focus on the Swinging...Lie low on the Chit Chat ..then you will succeed..

To Your Success!

Meow Meow Meow

Haha Bat Huang and Super Boob Panties Men join forces holding hand after losing so much in SD..

Ya lor change of career is always good that's why Mabel agree to lend them those old panties..

Actually it look good on both of them. Mabel usually wear Panties down under but these two clowns are amazing..wear panties up above..strange creatures..so loyal to Mabel following her across i3 24x7 and walk 3 step behind Mabel like Abbot and Castello ..

HuHuHu so sad..Mabel ask to focus on the swing, the clowns cum here Chit Chat like DJ while another wang is like small boy wang to report to Mummy and teacher..

Feel sorry to Fool Time Trader. So lazy always need to be spoon fed like baby. Don't know how to swing some more and always freeze in front of the screen..

Now Fool Time Trader is like Bobby Chai ...

Every day brag about TA and FA but still stuck like Monkey at Hibi singing Hibibi when people oledi locked profit at RM 1.30...Now wife also fed up and left him.

Luckily she found the handsome T20 Smart Trader Bon888..

Bat Huang was so hopeless couldn't help as he was so busy freezing in front of the screen not sure how to swing up or down..

Sigh..that what happen when you rely on clowns..

So disappointed cannot collect 3 sen yesterday....

Meow

Have a great day every wang...

Will cum back to check if some nice Uncles and Aunties match Mabel 3 sen offer to buy..

Focus on the swing ya...Not cum and cit chat here like DJ...we are not interested..We don't wang DJ, we wang White Knights...

CheriMeow

Here's more facts...

Smart PNB is holding 41.43% Sap shares
Permodalan Nasional Berhad 6,616,385,078 MYR264.7m

Here's the breakdown

Smart Institutions 2.4%
381,274,079 shares
Smart Individual Insiders 3.5%
552,501,541 shares
Smart Companies 13.3%
2,128,312,868 shares
Smart Investors (General Public) 39.4%
6,293,330,316 shares
Smart Sovereign Wealth Funds 41.4%
6,616,385,078 shares
Dumb Panties Men Fool Time Trader 0%
Zero shares

Syabas to all the Smart Peoples!

Smart Mabel

Haha Nick you are also everywhere..

Mabel put my trust on this New Smart CEO..

Here is the profile of our New CEO..

Datuk Mohammad Anuar bin Taib serves as Group Chief Executive Officer of Sapura Energy Berhad since March 23, 2021 and also serves as its Executive Director since May 1, 2021. He served as the Chief Operating Officer at Sapura Energy Berhad since October 1, 2020 until March 23, 2021 and served as Director since August 27, 2020 until October 01, 2020. He served as Independent & Non-Executive Director at Sapura Energy Berhad since August 27, 2020 until October 1, 2020.

Datuk Taib joined the oil and gas industry in 1990 after completing his B.Sc. Engineering from United States, with the Royal Dutch Shell subsidiary in Malaysia, Sarawak Shell Berhad. At Shell, he had a well-rounded experience with accountabilities in technical, finance, supply chain and procurement, commercial and leadership roles in exploration and production, LNG and gas-to-liquid, refining and retail business, in Malaysia, the US and the Asia-Pacific region; culminating to the position of Chairman of Shell Companies in Malaysia in 2010. Datuk Anuar then joined PETRONAS as the Vice President of Development and Production, PETRONAS and Chief Executive Officer of PETRONAS Carigali Sdn Bhd where he was instrumental in the improvement in the delivery of capital projects, reduction in operating costs and the set-up of the successful low-cost and marginal field subsidiary Vestigo Petroleum Sdn. Bhd.

and addition to many internal PETRONAS and Shell boards, Datuk Anuar served as Non-Executive Chairman of public listed companies namely, the PETRONAS Gas Berhad from 2016 to 2019 and the Shell Refining Company (FOM) Berhad from 2010 to 2012. He holds B.Sc.in Engineering (Mechanical) from Case Western Reserve University, Cleveland, Ohio and MBA in International Management from RMIT University, Melbourne, Australia in 2004.

So Macho So Handsome So Smart..

Meow

Huangbk72

U Try going back to Serba thread.. LOL
03/05/2023 8:47 AM

Haha ConHuang..

Rindu ke? Just be patience. Mabel still have Serba 2019 Bonus Issues Free Warrants. Once Serba is ready to dance, Mabel will cum back.

Now Mabel wang to dance with our Handsome White Knight from Qatar. They say Qatar Knight very handsome. That's why they can host the recent World Cup..

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

#mingli841231 https://www.theedgemarkets.com/node/665422
03/05/2023 8:30 AM

Thank you Ming for sharing...

KUALA LUMPUR (May 3): The discovery by SapuraOMV Upstream Sdn Bhd, together with its joint-venture partners Wintershall Dea and Harbour Energy, in the Kan-1 exploration well, located 25km off the coast of Tabasco, Mexico is one of the largest since 2020, according to Wood Mackenzie (WoodMac).

In a statemetnt on Tuesday (May 2), the consulting firm said the discovery is one of the largest in Mexico’s shallow-water since Zama, made by Talos in 2017 and Saasken made by Eni in 2020.

Sap own 50% SapuraOMV...

This is so beautiful...

Meow Meow Meow

DatoKembara I got this B40 Bobby Macai covered. He can't outsmart me. I'm grateful to come from a T20 family and receive a good education. Handling this B40 Bobby is a piece of cake.
03/05/2023 1:15 AM

Having proper education always work!

Keep on sharing Dato, we loves all your postings. It contains unbiased facts about this great Battleship.

Looking forward for a great turnaround of this battleship just like Armada, Icon Offshores and Dnex. We are very close to Nirvana...

Meow Meow Meow

TalkNumberOne Why stay away, god give lemon make lemonade. There is old man with big fat ego nothing achieved in life but pretend to be some body, just have some fun with old man
02/05/2023 10:52 PM

+1 Totally in line with you T#1!

Meow Meow Meow

Understand That is where the donkey Huang got conned by Meow and after that wherever Meow goes. The huang will post
"Poor pitiful deranged ConMabel"
Huang is from B40 group , so abit naive and just blundering around share market. After the Serba incident Huangs soul is like already lost, with losses at PMcorp + Losses from Serba , he often cry until he can't even recognise his mama.
02/05/2023 8:35 PM

Haha Understand..you are very smart who understand business..

The fact is ConHuang has a big crush on Mabel. If only he is nice to Mabel, Mabel could use him as one of my driver in my collection of Mercedes Benz..Hihi

Mabel, the innocent gal next door..

DatoKembara So Mabel unintentionally made some enemies following the SERBADK event. ok now I understand where these B40s came from
02/05/2023 8:43 PM

Indeed Dato!

Thank God we have smart Investor like you in this Forum unlike the B40 Parrot Old Men we have in this forum..

Let's Huat together !

Meow Meow Meow

#youarewelcome88 @DatoKembara... on Mabel. She's not anything close as portrayed. She's a very passionate investor. She is not selfish with her research. I dealt with her some 4-5 years back in the Barakah forum.
02/05/2023 6:55 PM


#Bon888 I did not agree with Mabel in her Serba speculation but in the same boat with her for Armada and SAP. Supporting each other for a few years in Armada forum.

No one is always 100% right or always 100% wrong especially in speculation counters.

Do your own decision and research.
02/05/2023 7:38 PM

#youarewelcome88 @Bon88...back then @Mabel was already into Serba. A darling O&G company who has been awarded many projects by Petronas then. Don't expect her to know about the fraudulent accounting practice. Even Robert Kuok was caught in the Transmile case. The ending of Serba has haunted many... even to this day.
02/05/2023 8:28 PM

Thank you youarewelcome88 and Bon888. Mabel slept early last night like a baby and didn't read all these comments until this morning..

Indeed, there's lot of mutual respect between us. Difference opinion should be respected. This is one of traits all 3 of us have in our adventures in Barakah and Armada. All 3 of us make great profits by sharing. Looking forward for the same feat in Sap too.

Yes youarewelcome88 you are also right about Serba. That fraudulent accounting practice caught every one by surprise. Fortunately unlike many who were caught with their panties down, Serba was still a great counter for Mabel as Mabel came very early into Serba when it was still a Blue Chip Battleship and has benefited as Bonus Issues Investors where we were awarded Bonus Issues, Dividends and took price action during Dec 2020 rally, massive price action during July 2021 rally, Nov and Dec 2022 Pull Back.

Mummy always said.." Never Bite the Hand that Feed You". So when Mabel was trying to be positive about Serba many Old Men cannot accept it and started smearing half baked stories about Mabel's posts.

Thanks God unlike Serba, here in Sap we have many great T20 Investor like Dato, T#1, Understand, Bon88, yourself, SinGor, Ninth007 and many more who clearly understand how to manage this playing field.

Indeed let's all Huat together so that we can make lot's money here too.

To Our Success !

Meow Meow Meow

Haha good one Dato..

Now you know why Mabel always Goyang Kaki.. Hihihi

Mabel, the Smart Trader..

These 3 counters SE, SD and Dnex are Mabel's Turnaround Battleship.. Its also a good playing fields to test your trading skills since all 3 can command great volume when the Sharks and Whales are ready to push their agenda

Meow

Haha they are all part of the syndicate..

All supporters are being smeared with many half bakes stories

As simple as that..

Meow

5 up 1 is also possible..

Mexican Treasures cum to rescue mah..

Meow

Haha Ya lor.. Not all people are smart traders..

Meow

Haha Uncle Huang still here ke?

Thanks God Mabel has Sifu Mickey Mouse. He's the best when tracking data..

Let's see how good you are today..Still waiting for Bob No Hope (Blondi) to sell his TAYOR RM 2.00 Sap to Mabel at 3 sen. Hopefuly he will sell today. So hard for him to let go Sap. No wonder he cannot sleep last night while Mabel and Smart Investors were sleeping like a baby. This will be great if he can sell to Mabel at 3 sen. much lower than the White Knight Offer Price.

BTW, did it ever occur to you that in any field, we will see supporters and opposition. How's your PMCorpes? did you see Mabel there bad mouth PMCorpes?

Haha some Uncle mention about Serba again. 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

Mabel the Smart Trader..

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

OKU_2020 Seems a Black Night ...Beware !
02/05/2023 11:01 AM

Haha Uncle you are totally outdated..

Haven't you heard it oledi..

One of Mabel's GF said... Once you go black you never go back..

Now Mabel understand how you feel.. Hihihi..

Mabel, the Black Knight Hunter..

Understand Meow, if not mistaken the stake sapura has on OMV is just 50%.

Sapura holds 30%: RM360m per year--> this should be sapura omv. Right...
02/05/2023 10:05 AM

My bad.. Yes Understand you are correct. It should be 50 %

Thanks for correcting it...

Much better...

Meow Meow Meow

Hopefully there will not be PP with the discovery of this treasures in Mexico...

Calculation will be better if Brent rise to USD 100..

Meow


Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Apr 29, 2023 3:21 PM | Report Abuse

Haha how about this as a new carrots?

https://www.freemalaysiatoday.com/category/business/2023/04/27/sapurao...

Potential Upside from this discovery..

200m barrel x USD65 per barrel: USD13bn gross value

Assuming drilling margin of 20%: USD2.6bn

Assuming for 10 years: USD260m per year profit or RM1.2bn per year

Sapura holds 30%: RM360m per year

Bagi 4x ebitda, this project alone should carry value around RM1.5bn in market cap

Triple current market value

Around 11sen

Carrot Meow

Haha Consolidation 20:1 was mentioned.

Mabel think Private Placement Mabel will be offered to Handsome White Knight at 3.5 sen since they will inject RM 1.8 Billion capital into Sapura.

Mabel Current cost is at White Knight Offer Level. Mabel now waiting patienty for Oldman Bob No Hope to sell his TAYOR RM 2.00 Sap to Mabel at 3 sen. Hopefuly he will sell today. That's why he cannot sleep today while Mabel and Smart Investors were sleeping like a baby. This will be great as this 3 sen will be lower than the White Knight Offer Price.

Now you know why Mabel very Goyang kaki. Our Investment paid by itself since we trade smart..Buy Low Sell High Mah..

Beside, it's human instinct to be passionate on what you do.. what more if you put your stakes in it. Look it this way if someone cum to your house and start complaining that your house is bad lah, your husband is crazy lah, your furniture is cheap lah, checking and sniffing your panties lah, you made a lousy investment lah (which is not true since you are making lots money) etc etc ...

What would you do?

It's pure human logic..

So nice Goodies cumming for upcoming SE Future Millionaires...

Meow

Mabel collected at 0.085 no issues...need to wait lah

0.08 no one wang to sell...so Mabel wait lor..

Wow Scomi last traded price before delisted is RM 1.07?

Did Mabel missed anything?

Unbelievable?

Meow

#Bon888 Old man Bob you have memory problem. Take some medicine to improve your memory.

ARMACO was a guessing from Mabel when the SAP announcement said the white knight from Saudi. She didn't said it is confirmed.
01/05/2023 9:41 AM

Haha Bob No hope always has memory problem. Sometime selective memory..

This is what Mabel posted earlier...

Meow


Stock: [SAPNRG]: SAPURA ENERGY BERHAD

Apr 18, 2023 10:11 PM | Report Abuse

Huhuhu...so sad ConHuang, the Fool Time Trader really don't know how to swing..he only knows how to freeze in front of his Computer screen

Only 3.5 sen filled. 3 sen empty...Sigh..

People ask to swing he busy body continue thinking about Mabel's age. Mabel is still young mah..Sweet 33...not 72 years old like Uncle ConHuang...

Now you know why Mabel is so relax and Goyang Kaki only..

81% Smart Traders believe the restructuring will be successful and Sapura will be out of PN17’s before June

19% Fool Time Traders thinks Sap will be delisted..

As for Mabel, I'm forward to dance with the handsome White Knight. White knight is mentioned in the corporate exercise proposal.

See the link below:

https://m.malaysiastock.biz/Company-Announcement.aspx?id=1467046

From the link above. Please see attachment @ Appendix - Proposed Scheme of arrangement.

Scroll to No. 6: PROPOSED corporate exercise m/letter 27. There is a plan for a white knight...

Perhaps instead guessing about Mabel's age why not make a guess where the handsome white prince cumming from...

Will he cums from:

Saudi Arabia ke?
Qatar ke?
UAE ke?
Petronas ke?
China ke?

Negotiation with creditors almost done.
Creditors agreed to take haircut and move on.

Court need SAP to proof at least 75% creditors agree with debt restructuring.

Debt 16Bil after haircut jadi 4-5B
SAP sell asset + Handsome White Knight 1.8B cash injection to settle debt

White Knight private placement at 0.035sen

So Handsome...

Meow

Haha someone mention about Serba. 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

Mabel the Smart Trader..

#Huangbk72 Somehow I find it amusing people claiming to be T20. I haven’t met anyone really Rich and endlessly flaunting it.. except the wannabes

Rich people buys penny stocks and PN17?? Hoping to strike jackpot.. LOL

Amusingly pathetic
02/05/2023 12:16 AM

Haha ConHuang always telling people to talk about Fact?

Let's talk about fact..

Mabel invests in PN17’s Barakah made 800 %

ConHuang invests in Non PN17’s pmcorp lose 60 %

Which is better?

No wonder so jeles..now following Mabel across i3 (with half baked stories) just to sniffs her panties…

Meow

#yliew This trend we should put *kaw2* money to reap the rewards, not 1k or 2k investment
01/05/2023 2:59 PM

#speakup @kyliew, u tell ppl kawkaw masuk bimb, how much u masuk yourself ?
01/05/2023 3:07 PM

Mabel bought BIMB much earlier in 2020. This is one of Mabel’s Value Buy Counter which Mabel just buy and forget just like Maybank, CIMB and Public Bank (previously). Decide to sell off Public Bank and focus on these 3 Banks.

Last year Mabel also bought BIMB Perpetual Sukuk Al Wakalah. Mabel's Maybank Premier Club made an attractive offer that Mabel cannot refuse..

Do you know that every year 1 % of Muslim Population in Malaysia will go for Hajj. Hajj is obligatory to those who can afford to go. There are 12 Million Muslim who are above 18 years old can qualify for this trip. For most of them it's a journey of a lifetimes.

In addition to the above, Muslim can perform Umrah at any time of the year. Here, there is no limits for the trip. Where do you think the Muslim park their money for this kind of trip?
Almost all pilgrim who goes for Hajj and Umrah will use BIMB as Tabung Haji are not allow to handle banking services in Saudi Arabia (new regulation). Hence BIMB has become TH preferred bank to serve the pilgrims. Completely Shariah Compliances.

REWARDS

Price-To-Earnings ratio (9.2x) is below the MY market (13.3x)

Earnings are forecast to grow 10.55% per year

Analysts in good agreement that stock price will rise by 28%

RISKs

After evaluating using Warren Buffett Economic Moat and Risk Analysis Framework, this algorithm calculates BIBM Business Performance includes Earnings, Free Cashflows, Return on Equity, Net Profit Margin, Interest Coverage and Dividends over the last 10 years. On a Scale of 1 to 10, it gives a score of 5 which is acceptable for Mabel's selection.

Few weakness in BIMB and one of them are in cashflows. FYI, there are three types of cash flow; operating, investing, and financing. Operating cash flow includes all cash generated by a company's main business activities while Investing cash flow includes all purchases of capital assets and investments in other business ventures. Currently BIMB Operating and Investing cashflow are negative. However, negative is not necessarily bad thing especially for investing as it is normal for bank to invest and expand. This usually translate to negative outflow for healthier future inflow. The negative cashflow in operation means they spend too on time and material, or if their customers don't pay them quickly enough, it will make their operating cash flow negative. They need to develop other strategies to recover their loan. Additionally, for bank this is normal for negative operating cash flow as bank main business activities are lend their money to customers while they are still expanding. So they lend more to clients so that their deposit also increases. This lending won’t give immediate return but it eventually in long run may recover as clients pay regularly.

Assets

Bank Islam Malaysia Berhad has total assets of MYR89.9B and total equity of MYR6.8B. Total deposits are MYR60.7B, and total loans are MYR64.9B.

Dividend

Bank Islam Malaysia Berhad is a dividend paying company with a current yield of 6.9% that is well covered by earnings and is in the top 25% of dividend payers in the MY market (5.34%). BIMB currently given Mabel the best Dividend Yield among Mabel Malaysia Portfolio even beating Maybank.

Company Annual Yield

Bank Islam Malaysia Berhad 6.9%
Malayan Banking Berhad 6.7%
PETRONAS Chemicals Group Berhad 5.8%
KLCC Property Holdings Berhad 5.4%
CIMB Group Holdings Berhad 5.1%
Sime Darby Berhad 4.8%
Sime Darby Property Berhad 4.3%
Gamuda Berhad 2.9%
Sunway Berhad 2.2%

Top 3 shareholders
Ownership Name Shares Current Value Change % Portfolio %
48.5%
Lembaga Tabung Haji, Endowment Arm 1,088,416,900 MYR2.2b 4.6% 21.07%
15.96%
Employees Provident Fund of Malaysia 358,253,859 MYR720.1m 11.9% 0.44%
13.02%
Permodalan Nasional Berhad 292,163,440 MYR587.2m 1.45% 0.4%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Full year 2022 results: EPS: RM0.23.
Revenue: RM2.16b (up 9.0% from FY 2021).
Net income: RM491.7m (down 8.0% from FY 2021).
Profit margin: 23% (down from 27% in FY 2021). The decrease in margin was driven by higher expenses.
Cost-to-income ratio: 59.8% (up from 57.0% in FY 2021).
Non-performing loans: 1.27% (up from 0.96% in FY 2021).
Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.7%.

Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Malaysia.

Mabel F1 strategy for BIMB: BUY Low Sell High BUT will definitely keep BIMB for Dividend play and most importantly BIMB support Mabel F8 activities ..

Not all treasure’s silver and gold, mate!

Captain Mabel Meow

Raja138 Total assets is RM643B (USD143x4.5) VS Petronas RM711B (158Bx4.5). Government is replacing Petronas with this White Knight from Middle East to takeover SAP? Tepuk dada tanya selera!
30/04/2023 6:06 PM

Does this Total Assets RM 643B belong to Qatar Energy or Sapnrg ?

Meow