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1 month ago | Report Abuse
If Notion down JCY down then better be more prudent..cause normally 1 up 1 down
1 month ago | Report Abuse
2molo shld rebound but technically should b downtrend towards 0.75 n stabilising there...any AI related announcements will continue the momentum..if not then next QR will determine the movement up or down
1 month ago | Report Abuse
dun chase high, better invest prudently
1 month ago | Report Abuse
i think once the next QR result out, then everyone will come back to earth, now everyone floating up in the air...n the share price will revert back to what they should be
1 month ago | Report Abuse
well... I would cash out too if the current share price is too high, directors know best what would be the fair value of the company and future prospects, can't blame the directors....they also mau cari makan also, cannot be sell when the share price drops right?
1 month ago | Report Abuse
i wonder why management does not perform share buyback now
1 month ago | Report Abuse
Guys, no need to pick on Sslee....he is just adopting the buy low sell high methodology, at RM1.07 against NTA of RM1.56 i think the investment choice is fair, every investment bears risk
2 months ago | Report Abuse
Hi DickyMe, yes chicken shit dividend for last financial year, but dividend for this financial year??? will it be chicken shit??
Management did not declare dividend previous year cause they foresee a tough year in 2023, so now they declare dividend means ???
2024-04-04 12:21 | Report Abuse
TP : RM3.00 end of this year
2024-04-03 11:07 | Report Abuse
@twynstar
Of course you can no longer buy at that price, there was a share consolidation exercise in 2023, stop confusing ppl
2024-03-27 09:59 | Report Abuse
@hohlaiyet88
I have no crystalball and cannot guarantee this but seems like TP could be RM1 within next 3 years as Icon is also due to renew their contracts at a higher rate and also synergy from the change in major shareholder
As for short term, the strategy is always to sell on news.. hahahahaha
Goodluck
2024-03-27 09:18 | Report Abuse
@5354_
Cause the takeover is good news...synergy with Yinson
2024-03-27 09:11 | Report Abuse
My view of the recent takeover by Singapore firm: -
1) Major shareholder changes from Ekuinas to Liannex Corporation. My view is that this is not a bad news cause of synergy with Yinson etc, plus the new major shareholder might be able to manage Icon better than the previous one (Yinson able to generate good profits)
2) I think the Singapore firm sees value in Icon, the firm has bought the shares directly from Ekuinas at price of 63.5cent which is normally a discounted price due to large portion acquired plus Ekuinas might need the cashflow to sustain themselves. 63.5cent will be the MGO price offered to the public but the public can choose not to accept it
3) Recent oil prices is high, investment in oil related activities will increase in the future, helped by decreasing sales in EV cars (EV momentum is decreasing)
4) Liannex plans to keep Icon listing status
5) Any movement downwards in share price will give Liannex opportunity to acquire more
2024-03-20 15:00 | Report Abuse
@starship2, not all three are selling, there are 3 disclosures cause they are related parties, they only sell 1 time, not 3 times
2024-03-12 15:15 | Report Abuse
Morning buy afternoon sell.... thank you
2024-03-12 15:14 | Report Abuse
Some bro here very funny indeed...0.26??? Really?
2024-03-12 14:20 | Report Abuse
CTOS business is sound, if illegal, how can the business get approval from SC and Bursa for IPO listing
2024-03-12 14:15 | Report Abuse
CTOS might b lining up lawsuit for defamation
2024-03-12 14:15 | Report Abuse
So easy to sue meh..unless it is an error...those real defaulters where got money to start legal case????
2024-03-08 14:48 | Report Abuse
everyone running for their lives
2024-03-08 13:19 | Report Abuse
Drop because management giving out more shares to the public from their reserves as dividend
2024-03-08 11:38 | Report Abuse
faster sell before trap around RM3.50
2024-03-07 09:44 | Report Abuse
@tiffanix, goodluck
buy yesterday sell today and make tonnes of money
dun go waiting for RM1.10 again
2024-03-07 08:28 | Report Abuse
Dear fellow investors,
I did raise earlier the issue as to why the cornerstone investor keeps selling even though market conditions seems favourable to LHI and that the cornerstone investor is still making capital gains even though selling at such low prices, the lower than expected QR seems to justify that.
Moving forward, with the lack of subsidies from Malaysia government moving forward, slowdown in Indonesia market, higher USD vs MYR rate, high transportation costs and also the fact that LHI has not taken in the penalty in the books yet, I see the share price reaching RM0.50 soon.
The only positive will be the recent reduction in corn and soybean prices.
2024-03-06 11:18 | Report Abuse
@tiffanix, good move...next TP RM1.40 soon
2024-03-01 15:58 | Report Abuse
@calvin
Remember i ask you what is the TP like months before it rises passed RM1.00...thanks for the advice sifu
2024-03-01 15:48 | Report Abuse
Maybank TP a month ago RM1.19...now RM0.71....what a joke, someone should give them a proper slap in the face
2024-03-01 15:22 | Report Abuse
@Patient Investor
If they decided to venture into that, maybe will make losses unless they have the expertise to do so
2024-03-01 15:17 | Report Abuse
Thanks to them i able to sell half n keep half..thank you very much
2024-03-01 15:16 | Report Abuse
@tiffanixLVxHermes
Looks like fund b,c,d,e,f made a mistake for selling earlier...make me non stop kutip until no money
2024-03-01 11:28 | Report Abuse
Wait for RM0.30 la...no need so ganjiong
2024-03-01 10:55 | Report Abuse
@Change
Why u blame the PM, i suggest u to go to AGM and screw up ICON management if you are so unhappy
Ask them why there is under utilisation of their vessel and why cost is so high
2024-03-01 10:35 | Report Abuse
@TiffanixLVxHermes
Bila below RM1.10? Next month?
2024-03-01 10:30 | Report Abuse
Overall the QR result is good:
1) Increasing revenue;
2) PBT of RM110mil (more than my estimated RM90mil) before fair value changes in biological assets;
3) Fair value changes in biological assets relates to timber and not palm oil (expected as to get fair value for forestry, it depends on the yield, and since the company shifted focus to concentrate on palm oil in 2023, there will be a write down), however this is only paper loss;
4) There might be a reversal in write down as timber production starts to pick up again;
5) Huge operating cashflows;
6) Reducing finance costs;
7) Increasing dividend payout
Can keep for long term with a TP of RM1.40-1.50 at end of 2024 (with an expected larger increase in dividend for 2H)
2024-02-29 16:46 | Report Abuse
The deferred tax asset is expensed to PL upon utilisation of reinvestment allowance to offset current year taxable profits. They should at least compute it each quarter instead of charging it all in one quarter.
2024-02-29 16:13 | Report Abuse
Fund F sapu all the shares cause it is tooo undervalued
2024-02-29 10:36 | Report Abuse
@mamakspecial
Thanks for the explanation
2024-02-29 09:58 | Report Abuse
@mamakspecial
how to see whether EPF is buying or not on the same day itself? Normally we wait for announcement right?
2024-02-28 16:32 | Report Abuse
My prediction:
Profit after tax RM70-85mil, Dividend 2 cent
Wildcard : contribution from the recent acquired 55% new subsidiary
2024-02-28 16:25 | Report Abuse
price menjunam after QR release
2024-02-28 16:24 | Report Abuse
well with subsidies also can't give an awesome Q4 result, next year with no subsidies and potential inclusion of fine, habis cerita liao
2024-02-28 16:19 | Report Abuse
is JTIASA going to be another "Leong Hup" ?
2024-02-23 10:44 | Report Abuse
@hng33
Yes correct, that's y i flag the high stockpile issue, if u notice, management has increased lumber output to compensate for the reduction in CPO volume, whether intentionally or not I am not sure
2024-02-23 10:28 | Report Abuse
Yes, this I agree, this coming quarter should be good result and might declare dividend (hopefully)
Stock: [JCY]: JCY INTERNATIONAL BERHAD
1 month ago | Report Abuse
Better sell now before no more ppl want to catch falling knives