When call warrant C12 was launch that time. Kenanga give a TP RM1.7.
Now, below expectation and consensus and TP RM1.3

Why not just say...C12 strike value is RM1.37. It better not stay above 1.40.

https://klse.i3investor.com/servlets/ptres/59039.jsp

RM2, RSS army might pee in their pants....

Everytime they use large volume sell down and market absorbs. When they hv to buy back and nobody sells. They day day pay interest lo until their knee turns jelly...

When they manufacture porche and Kia...

Shark also got shark boss. Shark boss will tell little shark to cut loss...

Still got upside...chase arrrrrr

They hv two tricks up their sleeve....either short selling or dump their holdings.

If they collected at RM1.1 low, they still hv good 30% profit. While suppressing the price before expiry. Now they hv 20 more days for C13. What they gonna dooooo.

They dump too soon. Not enough to press on 31/3. If it let it keep going up. It will cost too much to dump on 31/3 to bring the price down.

Anyway...they CIMB didn't sell alot for C-13...no point press also...Baik kasi jalan saja....

somebody try to throw...didn't work and have to buy back

They will try again tmr...This is kinda market activity and manipulation is just

Warrant maker hv to keep throw price...market keep sapu lo

They will soon run out of shares....

Dunno what game CIMB going to play, Call warrant C13, C16 and C18 belongs to them.
I wonder if how much share they going to throw and buy back later...

The plan is let them throw, we collect.

Pushing down to collect by using "not paying reasonable dividend" as excuse.

after collecting enough, the story becomes "Woah, management settle debts, more dividend" to sell. Ofcos, with different ID.

If there is anything to learn from i3? that's when ppl with detailed information taking a position. When they say bad things, they want to buy. When they say good things. They want to sell.

If they don't wanna buy or sell. They won't bother to say anything. =D

This is what honest management do...they don't simply take loan, name it expansion and cannot pay later. This good management, even they hv cash cow...they quickly pay loan first before simply invest.

Only monkey don't undrestand what's going on and kaw beh kaw bu low dividend. Sell faster sell...

I bought CS 12sen. now can close position first...20% masuk pocket first.

tentatively, it's by 1H21...can read the details here.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=112125&name=EA_GA_ATTACHMENTS

Well it makes sense to press the price down before the split.

So that percent up from RM3-RM4 is 33% if compared to RM3.8 to RM4 for 5% gain.

They gonna declare fat dividend is it? Everyone familiar with Bauto also Sapu non stop...

BAuto wanna sell Porsche soon is it?

Nvm....cut loss first can buy back later...

No worries...i'm monkey also like this....

Strong cashflow no worries. Market very funny one. When loan restructred...limit up...
Counters that can pay loan with cash. Keep dropping....Market like news. THey don't like truth.

BLee @RJ87, just notice typo error you as @RJ89, my apology. I am back from my banana lunch and ready for more 'blow water', please bear with me.

Super bull gonna start after share split and increased liquidity...Chiong arrrr!

Monkey only come here read...up up up!

Don’t bother explain why hold or why buy...

Up up up...that’s all they care about

Monkey don’t care about cashflow, monkey don’t care about balance sheet. Monkey don’t even care about market cap or profit.

Monkey aren’t interested in any of that...

So, u know who I’m referring monkey to...or if u still think u r a monkey, I hv nothing to say.

Good company can grow equity by 10-20% beating sector average. Leave cash with them. They know how to compound them. These are counters like Penta.

Equity growth by 10% share price grow by 100%.

No need explain any more la.

The monkeys that drops by, trying to see if market knows about MFCB...the more we write showing how well we know...they will assume priced in and left. Worse, more we explained, they think we are trying to justify why price drop after quarter report.

Have to make monkey feels like...what’s going on what’s going...Earnings improved, why haven’t up de? Good Buy in opportunity instead of explain why company is good.

ppl should get this logic straight.

If ticket of a company worth RM10. Earnings for the quarter is RM1 per share. If company don't pay dividend, the RM1 per share sit in the company. Equity increases. Your ticket is worth RM11. And if they use RM1 to pay debts. Reduces debts and directly reduce financing cost. Doesn't mean ur ticket worth RM1 less. Because RM10 is based on equity. Equity is asset minus liability. Means asset minus RM1, liability also reduce by RM1. Your ticket is still worth RM11. But next quarter, with reduced debt/financing cost, the earnings could become RM1.20 per share. If they continue to reduce debts, could be RM1.40 the following quarters. Improving PAT and Margin first.

But if company use the earnings to pay dividend, QR reports earnings of RM1 per share, ur ticket become RM11. If they later announce RM1 dividend. The price might bounce to RM12. After ex date. RM1 per share left the company as dividend, ur ticket become RM10, market probably sell lower. Your ticket will worth RM10, no chance to improve earnings by reducing financing cost. But u do hold RM1 cash in ur pocket la. This type of people that kaw beh kaw bu on low dividend is bcos they prefer cash in their pocket than cash in the companies. Cash in companies pocket means ur ticket worth more. But they don't want that. They rather keep the money in their pocket than to allow company improve their earnings and margin.

Those that says that if company pay dividend, then market "will" value at higher PE is NOT COMPLETELY TRUE LA.

Look at TG. Lets say if TG Net Asset worth 10B, 2020 don't pay dividend at all. Whole 20B sit in his account. At minimum, TG is worth 30B. No way market can tank it's market cap below 30B. But now, he spent all TG cash on dividend. And without the cash, it's net asset sit on 10B. Market merciless tank it's market anywhere below 30B as it please. MONEY LEFT THE COMPANY. So u can no longer say the compnay worth 30B liao. In a way, ur ticket worth less.

So, decide what type of investor u are lo. Company will always prioritize ways to improve earnings and margin. Makes their ticket worth more. After all, they are the majority shareholders of the company. And if you are a long term investor this should be priority.

But if you see management find ways to cash out. U also better take profit and quickly ciaoz.
Cos, management themselves are dropping the ball. Most of the time, when company declare big ass dividend. What follows is company director buy back their share from open market. Cos, normally....market simply sell after dividend entitlement. Very funny one. Market see short term ma. They will be thinking, I don't want my money stuck here. I can make else where...But it's most of the time lose elsewhere la. =D

steady31, "This 190m will be replenished by new cash flow from energy sales which is thus available to reduce bank borrowings as well as payment for a higher dividend payment."

This line can happen now or it can only happen in future? I understand ur statement correctly, u said MFCB already used the current generate RM190mil to reduce debts and balance used to pay dividend. And only left enough to pay 6.5sen dividend. So have to wait the next RM190 mil right?

You also say "will be" liao...Personally, I prefer to pay debts first. Debt reduce, financing cost reduced. Margin increase. If got things that can invest and generate more profit, better. Then invest first. Then reduced debt first.

Steady31, please do tell what u mean by a lot cash reserve. Do share what’s the actual cash reserve if u know how to read balance sheet.

I can agree if u wanna sell now first and buy back later when they finally pay dividend or dividend policy...Just dunno what price only that time...

Use cash pay dividend first is a dumb thing to do la. Right thing is better focus on paying debt reduce finance cost and increase margin first. This shows how prudent this management. Don't want to take risk. They will settle their debts by this year. If not sooner if cash cow starts producing more milk.

Although, your ticket don't pay dividend now, but reduced RM320mil liability, the total equity of your ticket now worth more.

Sell lo if u don't believe ur ticket is worth more now. Don't regret later.

No cash how to pay dividend? Compnay pare down their debts by 300 mil u got see or not?

Next year, another 300mil, the Don Sahong damm already fully paid. How long you for ur car? 9 damm years mar. MFCB settle in 2 years.

Ur damm car lose money one. Don Sahong damm generates 50-80mil a quarter. Ur lousy car buy with loan can pay itself?

Need to pay dividend....else EPF how to announce annual dividend of 6%?

Jeng jeng jeng....

How many here know what's a good or bad quarter report look like?
I think ppl just anyway...hahahahhaa

Tmr or day after tmr...

Then show me which counter has no debts. =D

I talk c*ck only la...Why so serious?

As if what I say will move the market.

Throw 100K BAuto, 100K MBSB, 100K MFCB.
Wait dividend, go buy their warrant..downtrend collect mother, uptrend collect warrant.

If warrant hit target 10-15% buy more mother. All 3 have good combination of capital growth and dividend yield and attractive warrant. C16, C32 and CS. Go have a look and do ur own study.

Jerichomy RJ 87 i like to hear why but still love your comment
11/02/2021 12:47 PM


Yippy68 @rj87, you heard most people saying Chinese are rich, may be not so true. .BUT, if they withdraw all their FD from most banks and invest in MBSB, the volume could be few billion a day and price will rocket. i don think need to gamble , won, and only buy share. you may not agree like that @jeri
13/02/2021 8:51 AM

Very likely down...

In Malaysian market, driven by Chinese...
And Chinese likes to gamble...So, if alot of these ppl that buy MBSB lost money to gambling these CNY... after CNY sure red red...hahahhaa

Dunno who so free...Everyday come buy 100shares from me at 33sen. Lol!

Does any here understand that MBSB is 4.5times more expensive than RCECAP?

Do u know u can hv YTLPower that's expensive at 70sen and MFCB that's cheap at RM7.5?

Bonggok wants to believe he is in control of stock price.

Biden and Xi Jinping la...Biden approving 1.3 trillion on stimulus package la.

It’s just unlucky that it’s long weekend. Market normally don’t buy in before long weekend. So, we party after CNY.

At this entry...wont die one la...

For high capital appreciation, can study MFCB and MBSB too...
dividend collected here can go put there...

kong73 RJ87 - hehe..i m ALL IN Tenaga spend 150k already..and not much else

Euro Holding 2sen low bounce to RM5.76 high. 22sen NTA
Gets Global 3.5sen low bounce to RM4.05 high. 15sen NTA

and other 25 counters that's made 20X return from it's low that has negative PAT.
I think the dumbest thing is to assume market makes any sense.

Unless, IGNORANCE is how u make up your common sense.

I think now alot gambler can't go Genting. They all come deCasino Bursa.
I have no idea why some people ALL-IN here and ALL-IN there. Maybe they have something. Maybe they are bluffing. I don't know. But please don't use the word investor. It's insulting. =D

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mywb Common sense, if monopoly why price downtrend since 2018? If good why investor sell? Reason may not be important but fact is the price is going lower and lower. Aa smart investor why not sell first and buy at lower price?
06/02/2021 7:14 PM

Insas in my KIV for 3 years...

Same price...I think the reason is they don’t have ANY operating cash...cash pile won’t grow unless investment stock price up...

On the other hand, MFCB cash coming in is above 300mil every year...how to compare?

Currently PB think it’s 35% discount...current price, it’s just 6 years premium, u put 15years DCF, is atleast 100% upside.

Various efforts needed to help narrow valuation gap. We opine the current valuations for MFCB is unappreciated as it is trading at a forward PER of only 9x compared to the industry’s average of 14x, a steep discount of more than 35% despite its i) steady annual earnings growth of 7-10%, ii) low net gearing level of 0.25x and iii) improving annual cash flows (>RM450m) in the coming years. We attribute the steep discount due to various factors; i) low liquidity, ii) little clarification on the dividend payout policy, iii) slower earnings growth given its current high earnings base, iv) delay in the 5th turbine construction and v) environmental, social and corporate governance (ESG) concerns due to its involvement in the hydropower business. We think the valuation gap could be narrowed through i) the shaping up of its image by participating in more renewable energy projects, ii) more guidance on the dividend payout, iii) raising awareness on its marine protection technology and efforts that had been put in for the local fishery community during the hydropower construction period in Laos and iv) potential bonus issue to boost the liquidity.

I agree with this write up...llliquid and no clear dividend policy. If they berani say 50% patami dividend policy, fuh....EPF jump on board, FM jump on board, and become RM35 like MPI


https://klse.i3investor.com/blogs/PublicInvest/2021-01-18-story-h1539386307-Mega_First_Corporation_Anticipating_Higher_Availability_Factor.jsp

Regret not taking bigger position at 12sen and 15 sen for CS.

If confident MFCB gonna start rally...better enter warrant.

I don't disagree with you on this. What i'm suggesting is introducing some liquidity will unlock it's future value alot faster and maybe abit more.

For someone to buy something at RM15, they would have priced in everything.

But overvaluation only comes with auntie uncle overvaluating it. But of cos, come with a risk auntie uncle undervaluation. However, this error in valuation is the opportunity for people that know it's actual valuation to make money with significantly less risk.

I'm holding 3 position here. MS, CS long, and CS swing. =D
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pjseow MPI has less than half the.number of shares of mfcb . Its daily transactions are not high.either but its share.price has grown.3.5 x within.9 months despite the so called " illiquidity ". In my opinion, the most important is whether the good fundamentals of the stock.is in IB.s radar.screen. MFCB was selected by.IB.s as one of the 11 stocks to be owned in.2021. The recent.hike of mfcb prices is a testimony that mfcb was discovered by more and more IB s as a Gems of Bursa. MFCB has all the necessary business fundamentals like growth , profit margin, recurring cash flow, PE ratio to be selected as a good buy. Once it start to pay a decent dividend , dividend yield is the next good criteria of a good buy.

todays volatility also nice....up to 8.04, down to 7.58, back up to 8.02...

This gives me chance to sell CS at 21.5, buy back 17.5 for a handsome 20%.

Personally, I like liquidity and volatility la. hehehehe.

2016 u won't make money, Annualised PAT 120mil(Don Sahong construction begins)
2017, jan17, Dec, 17 RM2.15-RM3.75 74% return Annualised PAT 138mil
2018, u won't make money. Annualised PAT 130mil
2019, jan, 19 - Dec, 19 RM3.08-RM5.5 78% return, PAT 153.7mil
2020, jan, 20 - Dec, 20 RM5.12-RM6.50 26% return, PAT 228mil

Historically, the year with 20mil increase in PAT, marketcap increase by 70-80%
Now that the PAT increase to 70-80mil, marketcap should increase to 150-200%

That RM15-RM20 u know? I don't know if u enter at RM1.5 or RM5. But if nobody wanna buy at RM15. It won't get there no matter how good the earnings is. That's why DUFU, PMetal, Vitrox and Penta, Greatec realize this. That's why they did bonus issue and another round of rally.

I will agree that rally just begin. When mgmt realize market cap isn't reflecting earnings, they will do bonus issue to increase liquidity.

Like I say...those oppose increase liquidity is simply because they can't stomach the volatility and pullback. I like pullbacks. Giving me opportunity to sell high buy low few rounds before reach a stage of overvalue.

No it doesn't. But it helps with psychology of 10 RM5 is smaller than 1 RM50.
If i'm a beggar, u r more likely to donate me RM5 for 10 times than to donate 1 time RM50.

TG and supermax only have earning visibility for next 2 years top. Can you say the same for SCIB, PMetal, Penta and DUFU? And I left out Vitrox too.

Do u think that 4 counter could reach the market cap they have today without bonus issue in such a short time.

However, I do agree on the point that if bonus issue brings the price down below RM1. Every 5sen up will create a massive selling pressure. I think the right price should be RM1.5.then u can see 30sen up, 30sen up before hitting RM4.5.

This logic quite accurate...very good for weak stomach....

Do bonus issue price will rally from RM7 to probably RM10...Sell before bonus issue....
Then bonus issue 10:1. Price adjust to RM1, will drop to maybe 70sen. That's a good time to reenter and trust me...will rally to the moon one...Maybe RM5 from RM1 easily. Take SCIB, Penta, Dufu, Pmetal, Vitrox as example. Will have abit of roller coaster in between, with roller coaster more opportunity to make money in between each peaks.

And ur example of PB, PB has made 2 rounds of bonus issue price went upto RM22 the last round.

The equivalent of RM1 to RM5 with bonus issue is RM10 to RM50 without bonus issue.
Well, i'm quite sure it's easier for me to by something at RM5 and RM50. What u think?



______________________________________________________________________

Mystereo4 I think best to make it exclusive and expensive. Price will be more stable. Take MPI for example. I believe the price will always dip/crash after bonus issue.

Take glove counters for example. Recent jftech too. PBB has been dipping too.

We dont need kaki goreng to push up the price. We just need real investors who understands the value of the stock.

We need people who eat full,sell bao

they will do bonus issue when it reach certain price.

Especially registering double digit EPS. and DPS.

See management lo...wanna attract short term punters, bonus issue 10:1. become 80sen. Break RM1.50.

The psychology of penny and a dollar. Think twice when spending a dollar. But spend penny in a heartbeat.

Limited upside if doesn’t turn on few more turbines or install few more panel.

But its, as long as paying 50sen per share for next 25 years...I’m more than happy to keep it for retirement

Sounds like that’s the new...it nvr goes up...

manipulator supporting at this price.

Not easy to see it drop or up.

apple168 have to come talk shit here...no choice.

If retailers with 1mil coming into market. He die die hv to usher them to glove or vaccine.
If that retailer come PBBank, he has 1 less retailer to push glove and vaccine up.

For me, I hv both healthcare and finance. Start selling what's over priced and collecting stuff under value. Like tenaga, PB, or Maybank. Imagine DPS back to 2018 and 2019 average with current entry price. That's 10% dividend for the rest of ur life. It's something good to have in ur portfolio.

Gloves earnings is quite clear for next 9-18months. But it's not forever.
PBank earnings is 1.8B since forever and it's gonna be forever. I tot pandemic is gonna hurt it's earnings. Blardy fool. It hardly made a dent. This Teh Hiong Piow, dunno what kinda along. This kinda time, no default one mer? Their debtors so geng? Or they sell blood to pay debts?