`Bank of America Merrill Lynch (BofAML) warns that Brent crude oil could reach $90 per barrel stemming the new IMO rules regarding shipping fuels and a weaker dollar courtesy of a de-escalation in the US/China trade war, Reuters reported on Friday.`

Hi guys, what do u think of next year IMO rules impact on Maybulk? Do all ships owned by Maybulk complIED with the above IMO rules? What is the impact of IMO rules for ship owners?

You comment is very much appreciated

A challenging year for Taann. CPO price not show improving.

@SincereStock indeed.

<<deMusangking -well... maybe holland is a nice place!!!!!
haha>>
Do u think the above sentence make sense？That is what I have mentioned that it is really wasting time to reply nonsense post。。。

These operators are really hardcore guys, the more you have explained, the more posts are replies whether they are logical or not...it is really wasting time to reply...
Let see how low of the share price can the operators push and add in some more lots for long term

The tip is PATIENCE. Do u have any experience that once u give up, not monitoring anymore。。。then it will go up slowly. If u keep monitoring it, it will indeed go in opposite direction. And don't forget, it is difficult for u to buy at the lowest price.
So, be patient. Time will come, my sincere sharing.

U guys are really persistent and patient in this counter , always monitoring this counter, if u had nothing to say just spamming, perhaps it is the characteristic of the real investor/operator that need to practiSE it very often to scare others.

Post some valid and good points but not musang durian points for sharing, instead of keeping spamming and whining the same wording repeatedly.

In stock market one investor gain is another investor loss. You guys get so many time to help others to save other people money, at the end no one said thank you to u, really worth? And the funny thing is that u don't even know the guys whom u are helping to, really LOL!

Not much MrFox, till now I only bought 30 lots @ RM 0.15 average.

Only operator/owner of Asiapac is very concerned that somebody buy big and at the cost below RM 0.20 and hold for long term because untimately he is going to convert the iculs at the cost RM 0.20. Do u think the operator is happy to see someone who hold Asiapac at the cost lower than him?

U give yourself a chance, if u fall, u only lost a little, who told u to invest all or substantial amount of fund to into shares? If the small amount of money can give u handsome return, why not? Asiapac has this potential.

Do u think I am afraid of Asiapac fall to RM 0.01,? Not, I buy shares not for marginal gain. Even if it fall into PN 17, I also don't care. Because I go for big. U GET IT?

I was just wondering why deMusangking is so concerned about holding long term for Asiapac. I hoLD Icap since it listing, never sell Icap and it was bought in Year 2007 and never regret.

Need to hoLD long term, unless there is a special news to boost up the share price..

11000 hectares of landbank in Carey island? How come the total landbank stated in the annual report is only about 20,000 acres? Which one is correct?

The company has about RM 350millions loan and 90millions Iculs with 3% interest, with its projected low profit, it is expecting that there will be no dividend payout in the following few years.

Only after the loan has been settled, Iculs and warrants have been converted to ordinary shares, then it is the time that this co share price will fly. By the time, u won't get RM 0.1x because the the cost of the Iculs conversion price is RM 0.20.(one Iculs convert to 5 ordinary shares with the cost of RM 0.20 per share)

KUALA LUMPUR (May 13): Two Malaysian stocks, AirAsia Group Bhd and Petronas Chemicals Group Bhd, are among latest additions to FTSE Russell's FTSE Value-Stocks Asean Index.

Genting Group's Singapore operations subsidiary, Genting Singapore Plc, has also been added as a constituent in the index.

In a statement today, FTSE Rusell said the changes will become effective after the close of business on Friday May 17.

Meanwhile, three Malaysian stocks have been excluded from the list, as part of the review. They are Sime Darby Property Bhd, MISC Bhd and RHB Bank Bhd.

FTSE Russell does its review on the FTSE Value-Stocks Asean Index, semi-annually.

The FTSE Value-Stocks Asean Index is made up of about 50 value stocks from five Asean countries, namely Indonesia, Malaysia, the Philippines, Thailand and Singapore.



https://www.theedgemarkets.com/article/airasia-petronas-chemicals-added-ftse-valuestocks-asean-index

Because Sime Darby Property Bhd has been excluded from FTSE Russell's FTSE Value-Stocks Asean Index

Assume EPS per quarter is RM 0.28, therefore expected PE=11.2 is quite fair enough from the operating income(Some investors including revaluation reserve to calculate EPS, for me it is not quite right) So, the share price RM 0.13 per share is OK, BUT NOT CHEAP, Unless there is special news.

Looking ahead, to increase its profit in future is the mgt primary goal. However, the property sector is stagnant now and the rental income/parking lots are quite fixed (in fact there is a risk of tenants being moving out), this counter is only suitable for long-term investment. One point need to point out is that most of the retaining earning comprising of revaluation reserve from the building/land, NOT FROM THE OPERATING INCOME.

However, if u invest in this company, it has a huge pile of fixed assets backing+fixed recurring rental income, it will be hold the share price at certain level (RM0.13) very strongly.

Thank you ivan9511

The difference between Calvin and theirs is that they are firing belated shots马後炮。In this regards, I personal feel that Calvin is ranking higher than them because he was able to comment a logical ground regarding the investment in this counter.

@ivan9511, can we hold long term for Sime Darby Property Bhd? Sorry for off topic

That is why there is a school of investment stated after u had purchased a counter, u can close one eye and keep it in the safe though u have to be alerted and read the news everyday until the day there is no reason to hold the share anymore.

If US imposes more tax on China's goods, at the end only the Americans will be suffered and it will affect his 2nd term president election.

Don't panic, hold and buy more. Political leaders always influence the market but u have to remember that if he does so, china will revenge.

Thanks to CatchThe Bull, a very good info.

Look like Simeprop has a huge landbanks for development and the investors of Simeprop may be benefited from the revaluation of the lands over the time

Look like the 400 acres of land is located in sub urban area. Anyone familiar with Labu ?

Asian Pac Holdings Bhd plans to launch its first township development in Labu, Negri Sembilan, in 2017, said its MD Datuk Mustapha Buang.

He said the township, located on a 400-acre (161.87ha) site, would be developed in phases over a period of up to 10 years.

“We are now finalising the plans for our Labu township project. We need to get the necessary approvals from the state government,” he told a news conference after Asian Pac AGM yesterday.

Mustapha said the township is located near Bandar Enstek and Bandar Ainsdale, which are the two new rising townships in Negri Sembilan.

Relax, BDI increases is due to the major operating fuel cost increases.

In fact from January 2019 till now, the fuel cost has been increased by 30%, but BDI index at that time still maintained at nearly historical low...

After scary and healthy revision of the Brent price, it seems that it has been stabilized. Actually. a healthy revision is also good for long term run towards USD 80 per barrel.

If u have time u can study over the history of the co, but that is time consuming. Nevertheless, the info might explain why the share price didn't move in the past; probably due to huge losses incurred for engaging in insurance biz and later on when the management got involved in property sector, it got turnaround, but the losses incurred earlier had caused the investor to leave this counter.

P/S：I still haven't completely study over the history of the co yet due to lacking of time.

@ old, Look like u have held the shares very long already. Would u mind telling us the history of this company in short? I thought this company was selling insurance at first and was making huge losses...

Mr Mxx (main shareholder) hold 45% of the total shares ( after conversion of Iculs and warrant in Year 2023), so if he wants to privatize ( because of the huge assets hold by the co), he needs to buy more shares silently in the market.

In the words, if u can hold for long term, the possibility of the price to go upwards is very high since the company has retained earning of RM 700million and is still increasing as the co is profitable from the mall rental and car parks. At the same time and probability to go bankrupt is very small.

Anyway Investmemts do have risk, high risk high return. If u are not sure, u can invest in small amount. Not persons can guarantee u will make a gain in a investment. But if the priCE is extremely low, like in the case, no harm to try, at least u have give yourself a chance to try out:).

That is why I have mentioned that the trustworthiness of the boss of a company is primarily important for u to determine whether or not it is worthwhile to Invest in a company. Some company has high PE but still many investors like to buy in this type of company because the boss is trustable.

Anyway, do u has any info regarding the trustworthiness of Mr Mxx(main shareholder). Any people do have close friends with this main shareholder about his credibility (I.e not shifting away the profit to other companies)?

From Kajang to Bangi, the distance is 9.1km, if MKH is benefited from ECRL(a station at Bangi), then I would say Labu is also benefited if it has a station at Nilai.

For 9.8km distance, if you take Grab to the station, I think It cost around RM 10 and take about 10 mins to drive.

@rocket<<地是在拉务(Labu)，这个是汝來哦(Nilai)。别搞错了>>
Actually the distance between Labu and Nilai is 9.80KM (google map), not far away.

If there is a railway station, sure it will affect the land price in the surrounding.

@SincereStock, what u say is very correct. I will load more to max this gem until it reaches RM0.20.

BTW, at first I was quite suspicious about this counter.. thank you so much for sharing the valuable info with us, same go to Calvin.

So it is critical to buy below RM0.20. RM0.20 and below will consider to be quite safe unless the co goes liquidated (though it is quite unlikely as they have retained earning of RM 700 million and the co is profitable every quarter).

As u can see from this, maybe the main shareholder is 'loving' this co so he is willing to do so..

The ICULS is entitled to 3% interest rate p.a. which is roughly equal to monthly fixed interest rate but it is unsecured loan which mean the par value RM 1 pf ICULS will not be guaranteed. The question is why the main shareholder willing to loan the company and facing the risk of the ICULS value going down instead of just putting in the bank as a fixed deposit..?

Since the current market share price for the ordinary shares is below RM0.20, the main shareholders is making a loss here (hold about 64% of ICULS). Therefore, it will be a wise move to buy in as the cost of your investment is below the main shareholder (for this ICULS subcription).

Thank SincereStock for giving the right info. I just overlooked as I am new to this counter.

Another thing I didn't get it is that since the market price of Asiapac now is below RM0.20 (RM 0.14 precisely), Isn't the original subscriber of the the ICULS who subscribed at RM 1 (One convert to 5 ordinary shares, i.e. cost of ordinary share = RM 1/5 =RM 0.20 per share) will lose as the market price of the ordinary share is RM 0.14?

Assuming one ICULS price now is RM 0.75. If one buy in this ICULS, then he can convert this one ICULS to 5 ordinary shares, the cost of this one ordinary share is RM 0.75/5= RM 0.15 per ordinary share. If he doesn't want to convert this ICULS, he (who bought at RM 0.75 per ICULS) will enjoy 3/750= 4% interest. Am I right? If it is correct, then buy in ICULS now is also not bad idea.

It is time to discuss this ICUL here. This ICUL gives 3% interest and to be converted to ordinary shares with the ratio 1 to 10. Once converted. the cost of the ordinary share Is RM 0.10 per share which may explain why the recent share prices movement are between RM 0.10 to RM 0.20.

@rocket, so u acknowledge that this company have a very strong fundamental, just the price won't move..

@ rocket, why do u think this counter is a con counter?

Thank you valour willing to share the insider info with us. The message is very clear, just buy and hold.

Mind share some info regarding the main shareholder

If u scare, u can try to buy in 50lots, that cost about RM 7000. Then u put in your safe. Worst come to worst, you will only lose this amount, though the possibility is quite low..but if it is going upwards in a few years later, then u will earn x times profit.