Different IB companies have thier means and ways to release the nett buyers and sellers. Split between foreign accounts, local institution and retail accounts. May not be accurate but at least we have a feel on the market undertone.

Look at KEY field the newly listed oil & gas provider. The valuations is substantially much higher vs it's peer or icon valuations. Today traded 1.75 - 1.77 against its IPO price 90 sen

And your own time line investment strategy. For long term holdings{ 2-3 years} or short term trading 3-6 mths tine frame

Good explanation. Whether using technical or trend line projections. Always set your own limit not to forget your own risk appetite.

MkH oil palm IPO listing on 30/4 may indicate market perception on oil palm planter's. Need to see what valuations MkH oil palm fetch or accorded by the market. Both TSH and MkH oil palm are in the similar upstream

Downside limited for the big cap YTL and YTLP. Wait for the upcoming qtr result announcement

Yes. Economic turbulence and uncertainties. Oil, physical gold and usd dollar is perceived as safe haven. People will minimize their spending on big ticket items. Look at the US data. Tesla car sales drop, apple phone slows. New housing sales took a dip

Big cap able to withstand pressure & plus any unexpected economic turbulance. Deep pockets vs small cap companies that relies either on borrowing's or project sales that are worse affected during any down turn. Without any sizeable lands bank reserve the small cap properties are suspectible to high development built up cost. This is the reason why analysts only favour big cap stocks like Sime prop or IOIP that have sizeable holdings and plantations land bank. Just my 2 cents not a sell call. Please do your research before you buy or sell

Yes. One thing is real. Cost of goods spike up hard to come down. The so called government re directed targeted on petrol subsidises would push up many other cost of living items. prices would increases exponentially if my transport costs increases, my freight charges increases, electricity & water rates is higher. Rental rate would mark up. Blame it on the government

US stocks pull back because of uncertainties

Always follow the lead. Oil, gold, energy, water and AI can be the biggest beneficiaries of this economic uncertainties

DJ is down. Don't expect good Friday

2014 we have seen 6 PM. First Badawi, Najib, Mahathir, Muhyiddin, Ismail and current PMX anwar

Without disrespect to any parties. LCtitan was previously taken private with a low valuations. Against this back drop there is always a strong possibility of the Board to follow or use this route {i. e. to delist the company} kitchen sinking exercise is permissible and fastest means to bring down the valuations} Or the worst case scenario as the expense of minorities to sell off the Indonesia plant at a loss while LCtitan Malaysia carries the losses. Hopefully the LCtitan board would not resort to this underhand tactics. The losses can be utilised as tax credits or against future earnongs

Need to wait for all the group corporate restructing exercise finalisation. Of course coming quarter earnings need to show positive improvement if not why bother with this so called turn around plans.

Investors especially fund's manager are concerned over Ekovest direction. In Sept/Oct 2023 Tan Sri Lim has a announced a slew of exercise, group restruction and acqusitoom from its chairman {Tan Sri Lim} related private held companies. The whole purpose is to reposition Ekovest as a giant multi conglomerate with the construction arm transfer to KNUSFORD. Until today there is no news update on the planned acqusition. Minorities are still in the dark over the actual implementation dates

HLIB has down graded VSI outlook from positive to negative ° their biggest customer in the US is not restocking due to sluggish sales. VSI management has indicated for FY 25 to broaden its product offerings

Listing of 220 million MkH oil palm shares on Bursa at IPO price of 66 sen is a good opportunity for investors. Their business operation's similar and akin to TSH plantations. Another substantial oil palm listing is the Johor plantation group. 875 million shares will be offer to both institutions and the public. Keep our finger cross if we can get part of the IPO shares

Without prejudice. Hard to justify any comparison between Poh Kong and YTLP. Poh Kong Holdings is more a retail stock with a niche in the sales and trading of gold ornaments. Its business mainly focus in the local domestic sector vs YTLP which is involved in the power distribution, energy & water, data centre, oil production, digital banking and 5G telco operations. 90% of its earnings are derived from its overseas operations.

The reversal of impairment and unrealised gains in the quarterly figs has resulted a nett loss of 14 million { is an accounting and tax entry} which has no effect on their operating cash flows. The impending rates renewal which is forthcoming will see across the board upticks in ICON charter rates. Operating cash flows are the life blood of any company. In the O & G sector ICON is one of the few counters in the sector that have paid out dividends. A good opportunity to buy and hold based on their results. Not best of the best but have great growth potential. With Yinsoon as the captain aiding ICON can expect more positive momentum. Not a buy call but just my own view and personal take on their recent news announcement. Please do your own research before you buy or invest

Between Ekovest, IWCITY or KNUSFORD. I will buy & invest in KNUSFORD. Nosh in circulation much smaller plus ekovest construction arm { lucrative} will be park under KNUSFORD. Just my personal view

The key take away. Yinsoon is maintaining the listing status of Icon.

Typo error

My apology. PH 14,862, PN 10,743, Muda 1,186 PRM 527

Raflizi talk big. Coming by Kubu Bahru by election is a litmus test. Withdrawing of subsides and higher electricity costs hurting voters pockets. Threat by Raflizi will back fired. Alot of PH voters may just sit out. A big slap for PH if DAP lose this seat. Remember its a Marginal seat won with 1,400 majority in the last State elections.

Development & holding costs of the Duke Highway project is huge. Think of the long gestation period betw 6-8 years. No wonder Prolintas needs 2.7 billion financing from their Bankers for their listings

Margin is good to use during bull times but absolutely bad during down turn. Buy quality stocks for long term yield. Buy and sell for trading stocks. Always play within your limits.

We need to focus on underlying issues affecting our local market. There is possibility of more funds coming back to take advantage of the narrowing rate gap between our ringgit and the USD. Hopefully with the Fed turning more dovish our market can see more upside. YTLP and YTL both are seen as beneficiaries

Out of the 2 or 3 laggards { unloved or stagnant counters mentioned } Ekovest, ECONBHD and AGMO. From a business point myself will go for the small cap ECONBHD & AGMO. ECONBHD Nosh shares {1.4 billion} AGMO Nosh shares 325 million shares vs Ekovest 2.96 Billion shares { before the group restructing exercise and the binding heads of agreement announced} which will see Ekovest capital base increased multiple times by 2.5 times after the group restructuring. ECONBHD 47 sen, AGMO 48 sen Ekovest 48 sen at Friday close. Not a buy call just a short take on this 3 counters. Pls do your research before you biy

Prefer the mother share vs the derivatives warrant. Just my own personal take

I have no issue with the Tan Sri Lim restructuring exercise if its based on win win situation for all parties. Looking at the present Ekovest proposal the main beneficiaries is Tan Sri Lim not the other Ekovest minorities shareholders. What's critical the NOSH of Ekovest will balloon up from the current 2.96 billion shares to almost 8.5 billion shares based on what's was announced

Yes. 5.4 billion ringgit is quite a sum to secure for multiple JV local partnership collaboration for Eversendai in 3 countries. The same applies to Ekovest subsidiary { Ekovest construction arm } as the collaborative partner to Adil Permata Sdn Bhd {ADSB} by MRTS for the RTS link project. The RTS LINK consist of 2 stations { one in Bukit Chagar, Johor app 2.7 Km} and the other station at Woodland, Singapore app 1.3 Km}

From a business point of view. Boycotting certain business group due to certain political links may or may not translate into any positive outcome or insignificant developments. Call a spade a spade. Nvidia is a US based California company listed in the US securities exchange. A leading A1 smart chips developer known for its chapGpt. Our government have no issue with the business community. Even our PM met up with their founder Jensen Huang when he visited PutraJaya. Malaysia maintains a open dialogue with the United States on issue relating to the Middle East conflicts. As part of the Asean regional groupings we have always voiced out in the United Nations and other International conference. Even the Arab league of nations have not boycotted or sever thier ties with the US

The HOD binding heads of agreement for the merger between Ekovest and TanSri Lim {major controlling shareholder} and sister company KNUSFORD was announced in early November last year. Under the restructing exercise" the entire stake of Ekovest construction arm " disposed to KNUSFORD for 450million at the proposed issued price of 60 sen new KNUSFORD share. On the same note Ekovest is buying from Tan Sri Lim a 70% stake in its private held company {CRSB} for 1.15 billion. CRSB holds 63% equity interest in another Tan Sri Lim private held company IWH {Iskander Waterfront Holdings} which in turn holds 34% equity interest in Iskander Waterfront City { {IWCITY} In addition Ekovest entered into a binding agreement to acquire a six storey mall properties {Danga city mall} in Johor and another parcel land from KMSB. Ekovest will acquired the land parcels for 310 million subject to ind valuation valuer. Please refer to the full press release in the business times, the edge and Ekovest press announcement

Just for the record. UBS has not cash out. They are still one of YTL substantial foreign funds share holders holding app 628, 213,898 share units @ 5.73 % in YTL group after disposing off 3.5 million shares on 5 March. For funds manager there are 4 categories or types of investment tied to the investment. Investment tied to capital growth, investment tied to dividend, investment for trading and last but not the least IPO shares or rights. UBS locked in thier profit for the coming qtr result { ending 31 March 24} nothing special or exceptional as the entry price is betw 1.70 - 2.10. As a investment fund manager managing multiple accounts we do know what exactly is their targeted mandates. Just do your own research and your own risk vs rewards ratio.

The re ratings will come in once the DC earnings kick in and materialised. Initial target price will revised upwards. YTLP earnings are 80% generated by their foreign business operations which translate into FX gain vs our MYR

LOTTE CHEMICAL { Korea } has embarked to sell it's loss making subsidiary Malaysian unit LCTITAN. In 2023 LOTTE Chemical Korea racked up 201 billion won in losses in its petrol chemical division.
This was reported by market insight in the Korea Economic Daily capital market news. Looks like the petrol chemical industry is facing terrible headwinds. Oversupply and dwindling demand with Chinese companies aggressively increasing their own domestic production.

Rebalancing of MSCI index list on 1st March { addition of YTL and YTLP} contributed to the spike in trading volume. For YTL the daily average trading volume of transacted trades between 35 - 40 million is quite normal based on the number of shares issued or in short Nosh. Anything below is considered low

Not everyone can replicate the success and far sighted move of TSFrancis Yeoh. Yin soon is doing not too bad except this counter failed to attract funds

Investing is always risk vs reward ratio plus A1 theme play. If Nvidea within 3-4 years triple their share price to USD 820 with a market cap valuation over USD 2.0 trillion. Think of endless possibilities if Nvidea brings in their GPU to Malaysia for production. Just look at the numbers and do your own research

Just my own calculated guess. The inclusion of YTL and YTLP in the MSCI Malaysia index is indeed positive for YTL group. Looking at the utilities sector YTL is indeed a attractive option and undemanding vs it's peer. YTL is trading at 14 times {PE} vs TNB at 23 times {PE} or PChem at 33 times {PE}. Using others as a comparison e.g. Sunway group at 21 times {PE} or IJM at 24 times {PE}, whether in the utilities, energy, construction or multi congolemerate. YTL in terms of growth opportunities or earnings upkeep definetly is a buy. Tomorrow being a Friday will be very interesting trading day. Not a buy call just sharing my 2 sen

The volume of YTL and YTLP transacted is unbelievable. Lots and lots of trades transacted within seconds. Never witness such a big spike in trading volume within the limited time frame. Everthing you click or quote on the board. Buyers just click and confirm. The intensity & velocity totally mind blowing. Well done YTL group

Genting management needs to come clean on the closure. Telling us closure due to renovation is unacceptable, laughable or treating the investing public as dumb. Is it because of licensing, structural defects or unseen forces. Let us know

Always look at a company business fundamentals. Earnings, PE ratio, growth & profitability and evaluate the management and leadership

Tan teng boo {capial dynamics} is extremely confident that our local market is ripe for a prolong bull ring. Nevertheless let us be rationale or sanquine that the market days of gung go days of the 93-94 where the market touch a high of 1314 points from a low of 645 points. Nowdays majority of trade is monopolised by local and foreign funds, banks, pension funds whereby retail retailers only make up a limited percentage. For the fund's manager and dealers they are extremely through in their investment research trading strategies { not the "kedai makan"} coffee talk. Most IB's set YTLP target price at around 5.00 { forward earnings} and YTL at 3.00. Of course the TP can be revised upwards if the next quarter result comes in higher than the street expectations. Always do your own research before you invest

YTL group operates in a multiple different segments vs the glove mania sector which is easily duplicated. Remember the gloves dipping lines are manufactured in China and shipped to the buyer directly for installation. YTL group business is centre in utilities, power and energy, waste water treatment,digital banking, 5G yes telco, oil production, land & property development and thier core construction business. Not forgetting their soon to commence YTLP A1 DC operations. Just do your own research before you buy or sell

Yes. Our local market have underperformed for the past decades vs our neighbouring innovative and FDI inflows. Hopefully the current political situation in the country has stablised {the next 4 years} FDI funds will cherry pick the underperformed market like our market. Bear in mind our ringgit has depreciated vs the USD at 4.8 which is at their lowest point for the past 26 years. If FDI funds manager betting on risk vs reward. Currency, underperformed, laggard market I will place my insurance bet on Malaysia. Not forgetting the YTL story which was largely ignored by pundits until last year. The PE ratio placed on YTL is unjustified low at 10 times vs other energy & utilities companies like TNB {20 times} or a multi bagger Sunway at 20 times. Dollar for dollar it make more sense to invest in the YTL group { which derives 90% of its earning from its foreign operations} not a buy call just sharing my personal view on the market. Pleae do your own research before you buy or sell

There must be a strong reason why foreign & local funds are buying into YTL group. They know something big is coming

Mr OTB yes. Inclusion of YTL and YTLP in MSCI Malaysia index is positive. Potentially after 29Feb we can expect upward momentum

Bplant sold their Kulai Young estate in late 2021 to YTLP subsidiary SIPP for 429 Million. KLK subsequently proposed to acquire 33% +1 share of BPlant shares { from Boustead and LTAT holdings} at 1.5 billion or 1.55 per share in 2023. However the bid fail to materialised due to certain quarter unhappiness