US has so many air lines, but Malaysia has only 3 major airlines, out of 3, AA is the strongest. If all 3 airlines go bankrupt, then Malaysia no airlines lor...and it is so difficult to start a new one from zero...

That is why you do notice that the share price is not the lowest when the current situation is the worst(e.g the selling price of their product is lowest). The lowest share price may appear when the future is the most uncertainty..

Share price is not based on current situation.
It is based on perception. If the first move begin on 4 May 2020 to resume restricted operation, then the market will perceive that the full gate is likely to open very soon...

Hello, nobody posting except me..

Bankrupt or not?

https://focusmalaysia.my/mainstream/airasia-may-make-some-hard-decisions-fernandes-tells-staff/

You have to buy in The best budget airline in the world for 13 consecutive years，just trust TF

Anyone buy? So coooool here!

【首相劳动节演说1】5月4日起经济社交大松绑
https://www.enanyang.my/?p=1400809

Finally Airasia will burst up next Monday as most biz are going to resume operation on next Monday.

Warisan Harta Sabah holds around 45% of Suria Capital Bhd

Warisan Harta Sabah, the investment arm of the Sabah State Government, was incorporated with the following objectives:

To act as catalyst for the development of economic sectors identified by the State Government;
To act as the corporate vehicle to equip the State Government with the required skills and resources for overseas ventures and greenfield projects, and also to provide a conducive economic environment for Malaysian non-Sabah companies to set-up operations or undertake joint-ventures in Sabah;
To assist the Small Medium Industries in the State as well as the development and participation of Bumiputeras (Majlis Pembangunan dan Perdagangan Sabah, MPPB)

Seller no confident to the co and ran before long holiday.Share poprice is ok. net cash position. The only concern is whether the profit back to normal or not.

Can buy in few lots, no harm to try

This co is almost like dead fish.
The covid 19 has badly hit the company biz

Of all the counters I bought, this counter is the safest. U can buy in and sleep well and collect almost 6% dividend. The biz is monopoly with no rivals and have few hundred millions of money/ assets to collect in future.

The co is allowed in every 5 years to request the Sabah state govt to revise the port tariffs, the funny thing is that the one who approves the revision is also the main shareholder of this co, i.e Sabah government, who hold around 45% of this co.

Quite difficult to realise there is a co like this in klse...

Any hope?

The main culprit is Urusharta..

AA buy or sell, pls advice

Anyone fly with me tomorrow?

Omg bad result
.buy or sell

Why shooting up?
Any news?
It likes blind man searches in the dark...that is the difficulty in stock market..

This stock is good due to huge lots of land available, not mistaken around 10000 acres in strategic areas, u can guess how much it worth. Another thing is it is Low gear co

【管控令第42天】获批运作公司需守指南 港口明起恢复进出口运作
https://www.enanyang.my/?p=1399596

Can keep this stock or not? Any advice from veteran in this counter..?

Hi, this boss is trustworthyness or not?, I mean any cheating in the financial statements like some listed co in klse which arej hanky panky..

Omg, any hope for AA...

The problem is the price offered by the main shareholder who is going to privatise the co.
If the offered price is low, then no Kan taw.. especially when main shareholder only hold around 30% of the shareholding that would require substantially amount of fund to privitise.


Normally the co wouldn't privatise the co if the co is a highly geared co. During bad time, listed co has a advantage to issue right issue, issue bond, etc, so privatisation only good for boss if the co is low gear or no loan.

The privitization of this highly geared co will mean the the boss has to standby some fresh fund himself in case the co financial goes into problem..

Ports are allowed to operation, good news.
On the other hand, it looka like Urusharta would like to clear all the shares probably due to shortage of fund

Share buyback
Good points are share price has some support and this buyback shares may issue as a bonus shares

Bad things is company cash level decrease and capital utilisation efficiency is bad because it is not use to generate more profit
..

deadchicken naphtha price getting cheaper everyday.
====={{{
@deadchicken, is naphtha a raw material for Lctitian? Newbie here

【全球大抗疫】法国最新研究 尼古丁或可抗疫
https://www.enanyang.my/?p=1397684

The risk and reward go hand in hand
No pain no gain

Keep it and top up below RM 3.80 within your budget.
The logic is simple, if Genting boss loses Genting, he will bankrupt.
If I lose Genting, it is still manageable.
But if it gaps up few years later, then..

No choice, very unwillingly and forced me bought in during this turbulence time
cry..:(

Ah! Klse down, it hints that MCO will be extending..

I thought one guy called Kingxxxx is a veteran and predict the price will go down to 2.xx, where is he?

Don't worry, IDSS trading will postpone.

Brent Oil May contract expired on 30 April 2020

BECAREFUL

0.529/0.9 = 5.8% return

What has happened to this stock? What suddenly volume spike up?

It seems that this stock is very resilient recently

It looks like Icap BHD deploys in enormous amount of fund and start accumulating this stock. Few years later when all the projects materialize, then it is the time to harvest.

Have bought some and start accumulating. A classic example of low risk high return.

Thank @deadchicken provides info to share with us.

Not moved down this morning, this show that this stock is resilient. I.e the trend most probably is reverting upward. Just keep it

2nd largest shareholder, Lembaga Tabung Haji (i.e Urusharta) is disposing, while 3 rd largest shareholder Icapital Bhd is collecting.

Why disposing, guessing is shortage of fund as it has made deep shxt huge ....

I don't understand what is meant by oil price negative US 16.67.

It means you sell 1 barrel of oil and you need to subsidize US 16.67 to the buyer.
wtf

How to get future receivable 544 million?

1). Jesselton Quary project worth 1.8 billion, Suria will get 18% =324 million, of which 229 million already received in Year 2015, so balance receivable is only 95 million（324 million -229million)

2).One Jesselton Waterfront worth 1.1 billion, Suria will get 20% =220 million

So total future receivable is only 95million + 220 million =315 million only.

Could someone enlightenment?

Omg..omg
.omg...mayday

Unrealistic volume, almost 10% turnover rate of its share capital.

RM 0.535 up 0.105, historical highest volume 38million shares

Pls remember this highest volume in Salute trading record.

BECAREFUL!!!!!

On Tuesday, propylene prices witnessed a steep rise in Asia. Prices firmed, mainly on account of bullish buying trends, coupled with stronger downstream PP prices in major markets like China.

FOB Korea propylene prices were up at the USD 665/mt levels, a day on day surge of USD 55/mt.

CFR China propylene prices were higher at the USD 720/mt levels, a spike of USD 55/mt from Monday's assessed levels.

In plant news, Lotte Chemical Titan, resumed operations at its naphtha cracker in early-April, 2020 following a planned outage. The cracker remained off-line for about one month. Located in Pasir Gudang, Malaysia, the cracker has an ethylene capacity of 522,000 mt/year and propylene capacity of 360,000 mt/year.
+++++
Lotte Chemical Titan, Malaysia has already resumed operation in early April 2020