i think oil price will easily shoot back to 76 or 80 USD/brl again...

the previous build up of oil from Saudi due to Iran sanction anticipation end of last year 2018 would have probably depleted to normal level...

Monday is time to whack hibiscus whole-heartedly....

wei..dont delete this post of Jon...

Posted by Choivo Capital > Apr 6, 2019 3:45 PM | Report Abuse

You're being overly simplistic in your analysis of a highly complex business, in an industry with multiple feedbacks.

Do you remember hengyuan, masteel etc.

How precise your predictions are and how incredible wrong they were?

https://www.forbes.com/asia200/list/#header:country_country:Malaysia

Myeg and serba and dayang may be the only companies still there in 2019

https://www.forbes.com/asia200/list/#header:country_country:Malaysia

serba is in the list for 2018

2019 will be Dayang (It was on the list in 2014)

https://www.thestar.com.my/news/nation/2019/04/06/dr-m-upset-over-withdrawal-from-rome-statute/

i did not see the news above earlier...fair comments from Dr.M

https://tradingeconomics.com/malaysia/government-bond-yield

3.8% bond yield..meaning money should flood the capital market?

superpower does not ratify...it has little consequence to them...

but in Malaysia..you actually lose trust between different communities...

thats a huge damage done to the country
......................................

in any working / business environment (i.e the country)....to prosper.....trust is more important than intelligence or hard work...

once you lose this - no cosmetics can help

Another valuation method is using Discounted Cash Flow (DCF). Based on past 3 years records on average cash flow generation of 294 mil, let's assume the average cash generated per year in future is 250 million (~10-20% discount), the discounted cash flow per share per year is about 26 sen.

...........................

Using above data from David, which takes the average of last 3 years (under depressed market condition), i think we can use PE 10.....to derive TP of 2.60.

reason being i see its depreciation need and maintenance capex would be almost nil going forward.... its assets which are not utilized can be disposed to generate cash....

i hope so raider...but even this if our govn cant express due to fear..i find it ridiculous....anyway... hope for the best

for fear of losing votes? common...so we admit then ...we are ruled by the bullies (rulers, and people with selfish agenda - bullies by the sheer number)

keep doing this...one day this population you cultivate this way can easily be vanished by economic decision by the economic superpowers....

it wont be difficult for you (malaysia) to end like Iran or Venezuela....Brunei is already testing the surface...

i was shocked to hear this news...my close friend (PhD scientist) just decided to migrate to canada last week..

fxxk off malaysia..

you cant even uphold basic human rights.

back to 1.20 - 1.30 next week

wei, from 4.0 earlier..it alr drop like heaven ma...

refer 16 august and 24 Oct 2018 on price movement after similar qty of bulk shares changing hands...probably nothing you can predict from these announcements.

only thing good is current sales took place at a higher price compared to the above

on who could be the buyers? i think must be foreign fund..and its likely from Philippines where Myeg PH had made a significant breakthrough

Isn't Dayang just doing what serbadinamik is doing on land, but on sea.....

only difference is they have yet to capture overseas market like what serba had done..

as such the PE rating should definitely be comparable to Serbadinamik level

no way at 7 or 8 like David had used above

Now days in most Engineered capital equipment Supply & Service providers...biggest profits are made on the service segment than capital sales.....

capital investment by customers can only grow to a certain extent....service is almost forever...

need not say on the fat margins services naturally have (cost being mainly the workforce), and the ease of increasing or reducing these resources (skilled labor) as per the changing need, i.e its not a capital intensive business.

Better not have such things..it will discourage participants

lets stick to the objective - to see one's credibility,skills,knowledge,experience


Posted by (Clark GKent) Philip > Apr 5, 2019 6:48 PM | Report Abuse

Donations for charity is never an expense, because you get back so much more.

In any case, I would like to have even more fun. The losers, icon8888 and qqq3 has to change their profile names to the winners choice for a month.

Jon will write a 10 page article why he does not join competition...


Posted by i3Value > Apr 5, 2019 6:42 PM | Report Abuse

Clap hands for Philip. Good sport for some fun

raider..3ii..where are u?

https://i.pinimg.com/originals/7b/96/43/7b9643cd3bbd0a66b4ce7ddea53f44ee.jpg

Philip..i think most these sifus has no issues forking 10 k USD...but that will demotivate Jon choivo and heaven punter from joining...its very easy to organize it in i3...and the results/consequence/conclusions is the same...

lets organize it here

missed calvintan, sslee, paperplane..all are great sifus

Fortune has Balls! great..

Posted by Fortune Bull > Apr 5, 2019 6:19 PM | Report Abuse

Let me bet on Takaful!

so far looks like only qqq3 and icon got balls...raider will surely join if 3ii joins...that i am sure

Title: " The strong opinionated Sifus - with balls, competition'

these are the list of strong opinionated sifus i can think off:

- raider
- philip
- icon
- qqq3
- kc
- otb
- jon choivo
- 3ii
- purebull
- heaven punter
- soojinhou

warrants may be too volatile to take the results as something in line with their opinions...

we should bring more people into the competition...

raider with his sapura

3ii with his petdag

calvin with his whatever...

all should voice their ultimate 1 stock for end year time frame

............

qqq3 please organize

Uncle Koon will be very sour reading this article...

Uncle, any comment from yourside?

P/S: need to cari mkn by being batu api

good news lor....supply is limited...people are willing to pay...

if government suppress...they will export out ma...

this show eggs business is extremely profitable now

if my gut feelings is right...from now on it wont require heavy volume to make significant jumps...

the float of weak holders had probably been burnt by the recent news

https://www.healthline.com/health/aspergers-symptoms-in-adults#What-are-the-main-Asperger%E2%80%99s-symptoms-in-adults?

-Exceptional verbal skills. Adults with AS may have typical to strong verbal skills. This may translate to greater vocabulary skills, especially in areas of interest.

-Clumsiness. Motor coordination difficulties are significantly more common in adults with ASD. These motor skills issues may show up as difficulty performing tasks like sitting or walking correctly. Fine motor skills, like tying shoes or opening an envelope, may also be impacted.

-Obsession. It’s not uncommon for individuals with AS to hyper focus on a specific topic. You may have a deep understanding and vast vocabulary related to this topic. They may also insist on talking about it when engaging with others.

In my opinion, this guy has some serious attitude and behavior problem, maybe he is autism kid. If he is autism i wouldnt blame him, but based on his England i believe he is not a kid with autism.
............

autism is over specialization on certain parts of the brain and lacking on the other

After seeing Jon on i3 day presentation, i actually felt more convinced on the above - his facial expression lacks emotion and ease in expressing / understanding emotions..a common autism symptom.

AI and VR is indeed the future...whether you like it or not.

China population = ??

Managing Director of MYEG, TS Wong said: “We believe that schools in the future will extensively deploy AR systems to enhance the learning experience. In this regard, we are excited to work with the leading AR Education systems provider, leaders in the AI sector like iFlytek and leaders in the education sector like Tsinghua Group to shape the classrooms of tomorrow."

Looks like Chinese & Philippine investors are mopping up the shares.

The investment in Jingle Magic marks the second of its kind by MYEG in a China-based company in the AR/VR/AI space, following last year's
investment in a 3.125% interest in Guangzhou-based Ximmerse.

These investments form part of MYEG's overall strategy to continue tapping into disruptive technologies with commercial value for the Group and that have the potential to bring far-reaching benefits to society.
Managing Director of MYEG, TS Wong said: “We believe that schools in the future will extensively deploy AR systems to enhance the learning experience. In this regard, we are excited to work with the leading AR Education systems provider, leaders in the AI sector like iFlytek and leaders in the education sector like Tsinghua Group to shape the classrooms of tomorrow."

MYEG Capital is the venture investment arm of MYEG. Besides investments in AR/VR/AI space, its portfolio includes a diverse variety of technology businesses including FashionValet, Agmo Studio, and
Stampede Solutions

Post removed.Why?

enlightened wisemen leh...

he knows the self deceiving mind of others more than they do... to admit bitter truth..he he

Posted by Tongkarat > Apr 1, 2019 11:28 PM | Report Abuse

Dragonslayer is :

The most likeable person
Very humorous and entertaining
Very nice and humble person
Very knowledgeable
Very friendly

The best in i3....

Sarawak’s O&G to benefit from increasing work visibility

POSTED ON MARCH 28, 2019, THURSDAY

https://www.theborneopost.com/2019/03/28/sarawaks-og-to-benefit-from-increasing-work-visibility/

However, a few names have popped out on our radar with relatively high short-term shortfalls including Icon Offshore Bhd, PN17’s Perisai Petroleum Teknologi Bhd and Sarawakian Perdana Petroleum Bhd.

“For exposure, we continue to favour the petrochemical space such as Petronas Chemicals Group Bhd (Petronas Chemicals) and maintenance players such as Sarakian Serba Dinamik Holdings Bhd (Serba Dinamik).

“Both have visible catalysts with the PIC project expected to increase current capacity by 14 per cent for Petronas Chemicals, while the record high orderbook at RM8.3 billion will continue to drive Serba Dinamik’s earnings growth in 2019.

“We also like Velesto Energy Bhd on a 12-month basis, although investors may want to consider taking profits ahead of expected lacklustre 1Q19E results, but nevertheless we are still optimistic on its outlook with jack-up rig demand expected to double in 2019.

“The HuCC/MCM players are also a preferred exposure in the O&G space this year on the back of recovering work visibility – with potential beneficiaries including Carimin Petroleum Bhd, Dayang Enterprise Holdings Bhd, and Petra Energy Bhd.

“Based on our ground checks, offshore support vessels (OSVs) are seeing a slight recovery in charter rates; however, we also noted that more OSVs are slowly being rolled out after being previously cold stacked.”

Sarawak’s O&G to benefit from increasing work visibility
POSTED ON MARCH 28, 2019, THURSDAY

https://www.theborneopost.com/2019/03/28/sarawaks-og-to-benefit-from-increasing-work-visibility/

However, a few names have popped out on our radar with relatively high short-term shortfalls including Icon Offshore Bhd, PN17’s Perisai Petroleum Teknologi Bhd and Sarawakian Perdana Petroleum Bhd.

“For exposure, we continue to favour the petrochemical space such as Petronas Chemicals Group Bhd (Petronas Chemicals) and maintenance players such as Sarakian Serba Dinamik Holdings Bhd (Serba Dinamik).

“Both have visible catalysts with the PIC project expected to increase current capacity by 14 per cent for Petronas Chemicals, while the record high orderbook at RM8.3 billion will continue to drive Serba Dinamik’s earnings growth in 2019.

“We also like Velesto Energy Bhd on a 12-month basis, although investors may want to consider taking profits ahead of expected lacklustre 1Q19E results, but nevertheless we are still optimistic on its outlook with jack-up rig demand expected to double in 2019.

“The HuCC/MCM players are also a preferred exposure in the O&G space this year on the back of recovering work visibility – with potential beneficiaries including Carimin Petroleum Bhd, Dayang Enterprise Holdings Bhd, and Petra Energy Bhd.

“Based on our ground checks, offshore support vessels (OSVs) are seeing a slight recovery in charter rates; however, we also noted that more OSVs are slowly being rolled out after being previously cold stacked.”

I like this confidence..

Punter, could you also add the thesis for investing on these....

curious on Econbhd

paperplane made even raider speechless now

myeg is a gem - blockchain is picking up

https://www.theedgemarkets.com/article/my-say-make-my-palm-oil-great-brand

As a result, olive oil is one of the most adulterated food products in the world. In 1981, more than 600 people died in an epidemic that spread across Spain. “Olive oil”, adulterated with industrial colza oil (from rapeseed), was blamed. In 2016, The New York Times warned, “Much of the extra-virgin Italian olive oil on the market is not Italian or virgin.”

To protect this high-value oil from fraud, Spain is introducing blockchain technology to trace all stages of extra virgin olive oil production and distribution.
...................

hmm..interesting corrective action...

low interest rate encourages money flow from bank to equity..and spending....it acts as a stimulus..

but has weakening effect on currency if economy does not grow in line....

high interest rate has the opposite effect...it scoops money back to the banks..

it can strengthen the currency if growth in economy is still high with a high interest rate...


guess the currency is like the rope between equity market and banks...

something like playing kites i guess..you cant pull or let go too much

to maintain the currency strength against world / USD




Posted by Icon8888 > Mar 30, 2019 5:00 PM | Report Abuse

1998 won't happen so easily anymore

It was so terrifying because wrong policy was adopted to cure the economic illness - The kwailos taught us to raise interest rate during economic downturn

When Mahathir finally realised the mistake and reversed course to cut interest rate (after pegging RM), things started normalising

https://tradingeconomics.com/malaysia/gdp

https://tradingeconomics.com/malaysia/external-debt

https://en.wikipedia.org/wiki/1997_Asian_financial_crisis

this 98 crisis was initially started due to high debt to GDP ratio of Thailand right? Does it mean Malaysia still has a high risk due to its high debt and worsening regional market due to trade-war?

Imagine... from having USD 3 billion and dying a bankrupt. God is great...allahu akbar..

My Say: Make MY palm oil a great brand

Qua Kiat Seng/The Edge Malaysia

March 30, 2019 11:30 am +08

https://www.theedgemarkets.com/article/my-say-make-my-palm-oil-great-brand

My Say: Make MY palm oil a great brand

Qua Kiat Seng/The Edge Malaysia

March 30, 2019 11:30 am +08

https://www.theedgemarkets.com/article/my-say-make-my-palm-oil-great-brand

Ex-banker was spending his time almost like a father to a child to share 'priceless knowledge'.....(felt bad when Jon wrote justifying 1K for the hours spent)

Thanks to the super humble Ex-Banker
(makes great sense to look for humble management - as it reflects deep knowledge & experience, prudence on managing return)

and thanks to 'not so humble yet' Jon for sharing this...

lol!

Posted by Fortune Bull > Mar 29, 2019 3:41 PM | Report Abuse

Now the education minister priorities are to make sure schoolgoers wear black shoes, building swimmin pools and now going cashless to all school canteens! Good job dummy!