With current crude oil prices > USD$90, high passengers load are negative since there are still a lot of prepaid ticket sales when oil prices were still low. Have the fuel cost been adequately hedged at previous low level ?

For Retiree, everyday is CNY : )

For long term investment, it is important to have a varied portfolio of fundamental blue chip stocks. Nothing Venture Nothing Gain. Win Some Lose Some. Humans aren’t wise. Sometimes just too smart for our own good.

Covid-19 is a Black Swan event. No one can foresee such unexpected scenario. Most businesses are adversely hit and it is just the degree of severity. We should be wishing LKT & his Group of Companies well and hope that everyone will have a healthy, happy and prosperous CNY.

570m shares at current share price is almost RM2.5 billion. We, Ikan Bilis, can Buy but definitely need Big Fish to Buy.

I hope to Buy too once the valuation is attractive. Hopefully, Covid-19 should be over by end 2022.

https://www.malaymail.com/news/malaysia/2022/01/28/putrajaya-pulls-the-plug-on-power-rate-hike-for-domestic-users/2038250

Wow ! No increase in electricity tariff until 2025. Interesting trading trend next Monday (1/2 Day).

https://www.thestar.com.my/business/business-news/2020/08/21/lim-kok-thay-puts-fortune-on-line-to-save-genting-hk

https://www.forbes.com/sites/jonathanburgos/2022/01/18/billionaire-lim-kok-thays-genting-hk-may-file-for-liquidation-after-court-rejects-funding-request/

AA has insufficient cashflow and working capital but embarking & aiming to become largest food delivery and ride-hailing company against the likes of Grab & Food Panda ? What about the investment in F&B - Santan & returns (losses) ? Just look at the figures in Delivereat. To be able to see through ride-hailing business, AA must have ample cash to burn for the initial gestation years. Business model seems simple but just look at Grab & Uber financial figures.

Precisely the reason for lots of fried Ikan Bilis !

Gone With The Wind ! Bravo to Bursa on standing firm on SIR.

Stay Invested :-) Nothing Venture Nothing Gain. Too early to take profit.

Stay Invested :-) Nothing Venture Nothing Gain. Too early to take profit.

Stay Invested :-) Nothing Venture Nothing Gain. Too early to take profit.

Stay Invested :-) Nothing Venture Nothing Gain. Too early to take profit.

When in a hole, stop digging.
From possible Stalemate to Checkmated.
Endgame.

In the immediate term, things will get worse before it gets better as countries globally will hit new daily Covid-19 High/Peak due to Omicron. With Covid-19 (Omicron) and elevated inflation (supply disruptions) uncertainties, equities market will be volatile. Investments ought to be based on Safety First. Stay invested in sector that will remain positive and profitable amidst the Covid-19 uncertainties and Companies with strong Balance Sheet (ie. ample Cash). Capital preservation and additional dividend above FD interest/capital gain will be real bonus.

@Pgraduate123 I do not need steep spike in price since my average cost at only 5.

Simple Arithmetic on the exponential demand for glove usage (vaccinations, testings and hospitalization). Just look at the daily reported Covid-19 positive numbers globally due to Omicron and it is not even the Peak numbers yet. The trend for 2022 is already obvious.

Simple Arithmetic on the exponential demand for glove usage (vaccinations, testings and hospitalization). Just look at the daily reported Covid-19 positive numbers globally due to Omicron and it is not even the Peak numbers yet. The trend for 2022 is already obvious.

Simple Arithmetic on the exponential demand for glove usage (vaccinations, testings and hospitalization). Just look at the daily reported Covid-19 positive numbers globally due to Omicron and it is not even the Peak numbers yet. The trend for 2022 is already obvious.

Simple Arithmetic on the exponential demand for glove usage (vaccinations, testings and hospitalization). Just look at the daily reported Covid-19 positive numbers globally due to Omicron and it is not even the Peak numbers yet. The trend for 2022 is already obvious.

The end of Covid-19 and arrival of “Hurricane” Omicron (Covid-22) in the USA !

Rekod kes Harian (Delta plus Omicron) tertinggi di America Syarikat, negara-negara Europa, Australia dan lain-lain. Hartalega adalah pembekal utama juga. Amaran dari WHO !

Rekod kes Harian tertinggi di UK dan Hartalega pembekal utama untuk NHS UK.

Siapa Cepat Dia Dapat. Pesawat Omicron sudah tiba dan akan cepat berlepas. Panggilan terakhir sebelum Tsunami Omicron melanda.

Falsification of records
368. (1)
A person shall not, in any books in relation to the business of a stock exchange, futures exchange, an approved clearing house and a holder of a Capital Markets Services Licence whether or not kept under this Act or the regulations made under this Act–
(a) in any manner enter, record or store, or cause to be entered, recorded or stored, any matter that is false or misleading in any material particular;
(b) in any manner falsify or cause to be falsified, any matter that–
(i) is entered, recorded or stored;
(ii) has been prepared for the purpose of being entered, recorded or stored; or
(iii) has been prepared for use in compiling other matters to be entered, recorded or stored; or
(c) fail to enter, record or store any matter with intent to falsify the records or any part of the records intended to be compiled from that matter.
A person who contravenes subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding ten years or to both.

https://www.theedgemarkets.com/article/sc-charges-serba-dinamik-vp-breach-companies-acts-section-368

Just like Hartalega, Good Value Buy
I rest my case.

Just calculate the doubling of Omicron cases in South Africa, UK & Denmark every 2-3 days and it will throw out all the IBs TPs based on glove demand & ASPs for FY2022/23 going forward.

https://www.bbc.com/news/uk-59688186

Even if Omicron is mild and hopefully it is, exponential increase in positive cases will result in increase in booster jabs and hospitalization ie. exponential demand for gloves. ASP will increase in tandem. Just look at the transmission rate in the UK and it is just a matter of time it will definitely flow through to the rest of the World.

@casanwk Definitely. Just read the latest Omicron news out of UK & you can form your own conclusion. Trust Your Own Intuition.

A repeat of Delta variant cycle. From South Africa to UK & lag period hit for the rest of the World thereafter. Omicron variant is repeating a similar cycle in 2021/22 and impact will be greater if China supplies disruptions hit too.

Follow Your Own Intuition :-)
When Low, Buy/Accumulate with spare cash
When High, Sell if necessary but stay invested

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20211210.pdf

No worries. Not sure about TG & SPMX but Hartalega and Kossan will be moving up after initial knee jerk drop arising from TG dismay results & poor sentiments. The accumulated RSS open position in Hartalega already closing fast at current valuation :-)

The example MUST be precise. TG YA 2022 basis period is from 1/8/2021 - 31/7/2022. QR1 results announced recently is already the first quarter of YA2022. I rest my case.

The 12 monthly installments payment for TG for YA2022 is from September 2021 to August 2022.

Yearly in Advance via Tax Estimates and monthly 12 instalment payments.

TG YA 2022 is 1/8/2021 to 31/7/2022. Just look at the Cashflow Statement in the QR for the Income Tax paid.

Taxation aspects have to be precise and never in arrears. TG have FY of 31/7. Their YA2022 Tax Estimates/Instalments will have to be set at least 85% of YA2021 high Tax Position. They must still pay monthly installments and can only revised it downwards in January 2022 unless rules of taxation has since changed. I have left the Corporate World for a long time but I doubt taxation aspects have changed.

YA2022 tax estimates already set at very high level to avoid tax penalties based on YA2021 tax position. It will have to be significantly revised downwards based on YA2022 profit or high tax refunds position instead. As I said, I am not a fan of TG due to their unnecessary share buy-back but it will be attractive buy once valuation is compelling. Definitely no risk of bankruptcy :-)

If you understand taxation fully, tax payments are paid monthly in advance via tax estimates. Makmur tax will have minimal effect on TG based on their QR 1 FY2022. In any case, I am not going to waste my golden days weekend to argue and support my case.

Not serious at all as I am happily enjoying my golden years. Couldn’t help to comment on it :-)

Serba is a different story altogether. No shrewd investor would have stayed invested and harp on their issues. The red flags by the Big4 since early this year and recent bond default are already ominous signs.

HaHaHa ! I am not a fan of TG but if TG with > RM1b Net Cash (excluding Treasury Shares) and 9 Digit reduced QR PAT at high risks of bankruptcy, what will be the position of other highly indebted PLCs in Malaysia ? Decipher the figures properly. Substantial Cash outflows in QR1 for income tax payments, dividends etc.

HaHaHa ! I am not a fan of TG but if TG with RM1b Cash (excluding Treasury Shares) and 9 Digit reduced QR PAT at high risks of bankruptcy, what will be the position of other highly indebted PLCs in Malaysia ?