Mc_Wei

Mc_Wei | Joined since 2014-05-12

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Stock

2023-12-22 10:04 | Report Abuse

https://www.daihatsu.com/company/know/04.html#:~:text=PMSB%20was%20Daihatsu%E2%80%99s%20first%20full%2Dscale%20overseas%20production%20business.
Daihatsu co-run Perodua. MBMR will only move if Perodua CEO issue statement they are not affected. So far he only said they are doing detailed assessment of the impact.

Stock

2023-12-18 16:18 | Report Abuse

Boss Tee Tuan Sem sold 18m shares for RM28.6m (RM1.60 per share) on 8 Dec. Mkt price only 72c. Something fishy

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2023-10-04 13:15 | Report Abuse

Better be Astro MYFM DJ than be Astro's shareholders. Some MyFM DJ is paid 6 figures salary per month.

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2023-09-26 14:10 | Report Abuse

https://hype.my/2023/349516/jack-lim-six-figures-monthly-myfm-radio-gig/

MYFM DJ salary also can reach 6 figures per month. What about their managers? No wonder Astro reported little profit.

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2023-08-24 18:05 | Report Abuse

PNB own 10%, UMW own 38%. These two combine not enough to get 50%. Still need MBMR's share. The rest own by Japanese.

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2023-08-24 15:39 | Report Abuse

Perodua's net profit in 2022 was about 1billion. MBMR owns 20% in Perodua. If you were MBMR how much would you sell your 20% stake to SIME? MBMR mkt cap is now about RM1.6b

Stock

2023-08-24 15:29 | Report Abuse

UMW 38% + MBMR's 20% stake will make Perodua become subsidiary of Sime.

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2023-08-24 15:22 | Report Abuse

UMW owns 38% Perodua, MBMR owns 20%. Looks like Sime could be interested to buy MBMR's 20% stake.

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2023-08-04 15:36 | Report Abuse

This golf ball found their lubang already, keep digging deeper.

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2023-07-27 16:17 | Report Abuse

Blackpink + Starbucks selling like hotcakes

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2023-05-29 23:02 | Report Abuse

Radium's low revenue and low profit for Q1 is expected. It's in the prospectus, they have completed all the projects in hand. Left one more Residensi Vista Sentul, 100% sold, 90% completion, to be completed by 2Q 2023. Launched a new project called Chancery Residences in Feb 2023. Projects in the pipeline yet to be launched has a GDV of RM3.36b. Analysts reports have already highlighted 2022f and 2023f revenue gonna drop, and only pick up in 2024.

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2023-05-29 17:31 | Report Abuse

Shareholders only get rewarded (from the company) via dividend or share buybacks. Share price increase or capital gain is not a direct reward from the company but a reaction to the company's reward. I am sure if company increases its dividend payout, share price will double. (hopefully harbour management can see this)

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2023-05-29 17:18 | Report Abuse

The only problem with this stock is management is stingy in sharing the profit with shareholders. This cashcow company generally payout less than 10% of their earnings as dividend, and invest the rest of the money in FD. That's why PE is so low, because all the good profit, high cash, high NTA is nothing but a dangling carrot.

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2023-05-26 18:30 | Report Abuse

Profit fluctuation is normal. Revenue drop by half is a concern.

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2023-05-26 17:34 | Report Abuse

What was mentioned in AGM? Anyone can share? Looks like revenue and gross profit margin are going back to 2016-2017 level...

News & Blogs

2023-03-01 12:07 | Report Abuse

@TanKW something wrong with TomTee account. Two consecutive months also 0%

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Stock

2022-03-31 18:39 | Report Abuse

From Landmark's circular part 1, page 90
(dated 24.3.2022). They already mentioned "significantly large premium". All the best to Landmark shareholders.

As for the justification to the NA per Blumont Share of SGDO.0001 as compared to the Issue Price, which is
at a significantly large premium, which is not detrimental to the non-interested shareholders of Landmarks
premised on the followings:
(i) the Issue Price to be issued pursuant to the Proposed Disposals, represent a Significantly large
premium as compared to the NTA per share attributable to the owners of Blumont based on the
audited financial statements for the FYE 31 December 2020 of SGDO.0001 . However, assuming that
the Proposed Disposals had been completed on 31 December 2020, being the end of the most
recently completed financial year of Blumont Group, the pro forma NT A attributable to the owners of
Blumont is expected to be at SGD78.72 million with the pro forma NTA per Blumont Share is
expected to increase to SGDO.0018. The NTA of Blumont may improve further in the mid to long
term period when the Target Companies start generating profits, of which Blumont will be able to
operate the Natra Bintan Hotel within a shorter time frame.

Stock

2022-03-31 18:37 | Report Abuse

Blumont NTA is $0.0001. Market price is $0.004. P/NTA is 40x. Blumont will buy Landmark assets by issuing its own shares to Landmark at hyperinflated price at $0.005

Stock

2021-11-20 01:03 | Report Abuse

Landmark CEO is slowly transferring all Landmarks assets to Blumont, a company with net assets worth $2.7m only. Who would want to buy Landmark anymore? Landmark major shareholder Genting still sleeping, maybe not aware.

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2021-10-01 23:47 | Report Abuse

Interestingly, Blumont net asset is only $2.7m but market cap is $137m.

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2021-10-01 23:18 | Report Abuse

Landmark CEO, Mark Wee bought into Blumont for $0.0004. Now he wants to sell Blumont shares to Landmark for $0.005 (increase of 1150%) in exchange for Landmark's assets. No wonder Landmark share price won't go up, it's being run by a very "smart" CEO.

https://www.businesstimes.com.sg/companies-markets/businessman-mark-wee-owns-514-of-blumont-shares-after-close-of-offer

https://www.theedgemarkets.com/article/landmarks-seals-conditional-share-sale-agreements-blumont-worth-s634-mil

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2021-05-05 09:56 | Report Abuse

You guys misunderstand. It's bursa rules he has to offer the same price to rest of minorities whenever he buys from other shareholders in private deals. (maybe seller lost some football bets to him, so have to sell the shares cheaply to buyer) Since he bought at RM2.50, he is obliged to extend the offer to everyone else. I believe he also doesn't expect minorities will sell to him, because he will need to fork our RM250m if that happens. Also it is stated he intends to maintain the listing, i.e. no intention to take it private. So just ignore it

Watchlist

2020-12-31 21:02 | Report Abuse

Beat all glove investors by big margin. Salute!

News & Blogs

2020-12-18 09:13 | Report Abuse

Your focus stops at FY2021 which is until Aug2021 only. You'll think differently if you include FY2022 forecast as well.

Watchlist

2020-11-30 17:59 | Report Abuse

No glove stocks in portfolio and still no.1.... Amazing. Salute.

Stock

2020-08-04 15:17 | Report Abuse

Price for supermx and harta similar but eps for supermx much higher.

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2020-07-29 09:09 | Report Abuse

https://www.theedgemarkets.com/article/capacity-top-four-malaysian-rubber-glove-players-expected-rise-16-2020

Other glove companies capacity may rise 16% but Ruberex capacity will increase 150% from 1b to 2.5b by Q4 2020. And to 5b by 2023. This is stated by chairman in latest annual report.

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2020-07-14 15:08 | Report Abuse

https://www.theedgemarkets.com/article/capacity-top-four-malaysian-rubber-glove-players-expected-rise-16-2020

Other glove companies capacity may rise 16% but Ruberex will increase 150% from 1b to 2.5b by Q4 2020. And to 5b by 2023. This is stated by chairman in latest annual report.

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2020-01-24 09:05 | Report Abuse

Very cruel play

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2020-01-24 09:03 | Report Abuse

Faster sell to buy-in

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2020-01-24 08:58 | Report Abuse

3.7m shares buy-in

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2020-01-23 12:08 | Report Abuse

ICON is not cornered. If you look at last Annual Report, there are 9000+ shareholders holding it. Those who oversold, must buy using buy-in with penalty. Imagine if oversold players sold at 20c, buy back at 71.5c + 5c penalty.... very cruel.

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2020-01-23 11:59 | Report Abuse

After the buy-in is completed price won't go up anymore.

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2020-01-23 11:57 | Report Abuse

It won't come down. The limit up will stay today. Buy-in is on T2 which is tomorrow. This is very cruel. Force the oversold players to buy back from them after 2 days of limit up. Tomorrow will come down.

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2020-01-22 17:52 | Report Abuse

Number of outstanding shares as shared by Lich is 23.5m. Today's volume is 66m. You can figure out how severe is the oversold today.


Posted by Lich > Jan 22, 2020 2:55 PM | Report Abuse

Number of shares was 1,177m shares yesterday. Today, number of shares is 23.5m. Post issuance of new shares, the number of shares will be 2,354m shares.

Market cap prior to ex-date was around RM40 - 60m. New money coming, assuming full subscription, is about RM240m. So, after the dust has settled, the share should trade around 12 sen.

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2020-01-22 17:42 | Report Abuse

Yes. That's the reason for the limit up today. Huge oversold. By 3pm most oversold can't buy back already. Tomorrow they may have to buy back at much much higher price. The price is at the mercy of the operator.

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2020-01-22 17:39 | Report Abuse

Oversold people will have to buy back tomorrow regardless what price. Most likely tomorrow may have another big rally again. Oversold people already lost alot in Icon before consolidation, after consolidation have to lose again.

Stock

2020-01-22 17:29 | Report Abuse

Damage is done. What's the actual share outstanding (after consolidation)? Compare this with today's volume.

Stock

2020-01-22 17:16 | Report Abuse

Disaster.... how many oversold today? Tomorrow price may limit up again forcing oversold clients to buy back at limit up price.

News & Blogs

2020-01-02 17:56 | Report Abuse

Stock pick 2020 is about predicting what is going to be hot this year, not hot in 2023 or 2024.

News & Blogs

4 days ago | Report Abuse

Rich and famous? Stock guru?

Stock

2019-12-12 11:39 | Report Abuse

Posted by paperplane > Dec 12, 2019 10:35 AM | Report Abuse

Everyday also last call, everyday limit up. Nothing better to do. Bet too big lah

I agree. Someone bet too big, now turning to retailers and followers hoping to push it up together.

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2019-11-28 13:34 | Report Abuse

Azmin Ali post FGV in his Instagram today.

Stock

2019-05-07 17:14 | Report Abuse

What a big hooha.... turns out revenue only drop 2%, profit drop 28%.

News & Blogs

2019-05-04 12:28 | Report Abuse

Any reason why you think 9-10x PE is reasonable for this company?