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2020-12-15 09:55 | Report Abuse
Awaiting results on Friday....and an update on contract. Oil price prospects looking good for 2021.
2020-12-14 22:28 | Report Abuse
Genting B is the most undervalued share in Malaysian market. Take a 3 - 5 year view...the value of the business is around RM 11.40 per share......
2020-12-14 20:32 | Report Abuse
Any correction is an opportunity to invest for medium term.
2020-12-14 19:39 | Report Abuse
Culprits holding a tight price range....up to usual games
2020-12-14 15:45 | Report Abuse
Nice correction, worth topping up and hold....
2020-12-14 12:45 | Report Abuse
I heard from someone that pots and pans are being used to source gold! Very high tech! It is not beyond the realms of possibility! For company to grow and make profit they have to do or produce something useful. What does minetec do profitably apart from directs share dealing. I see nothing. Sure it may go up based on the round of speculative buying, nothing to do with fundamentals. Just a sham
2020-12-14 12:31 | Report Abuse
Can’t see why the shares are depressed? Yinson due to its foreign management staff does not get the exposure it serves in Malaysia. Governance side it is ok. Let’s see what business results show.
2020-12-14 00:27 | Report Abuse
Myeg let’s see where it is headed....poor, governance. Those who get pp shares will dispose it as on as they. Are some pocket money......or will wait for next big announcement ....could be contracts.......
2020-12-14 00:17 | Report Abuse
Upward trend! What a joker based on what....directors buying and selling shares! Company has to do,some useful business?
2020-12-13 20:35 | Report Abuse
All IB recommend a buy...edge article also supports the same! Yet no IB or journalist cover the highly dubious behaviour of major shareholders/ owners which make a mockery of the true performance of business. Unlike mutual funds listed companies are closed funds and therefore the price is determined by demand supply...! There lies the problem...as it is open to foul play. I am nit a sour loser...I have actually gained ...but sad that many here don’t understand. Best stocks are not owned by single shareholders / founders ...unless they are clean and ethical!
2020-12-13 15:53 | Report Abuse
Director again disposes at peak....price what a racket! This has to be the stock of the century run by fraudulent directors.
2020-12-13 15:30 | Report Abuse
Before year end 5 for sure....people already are moving around there is pent up demand and price will overshoot for sure
2020-12-13 15:23 | Report Abuse
It is nit about gloves v banks/ CIMB, it is cyclical....with gloves it was one off opportunity of the century...soon supply will exceed demand....than the will be revalued ...where as banks and other stocks will return to their normal valuation pre Covid and higher!
2020-12-12 19:08 | Report Abuse
The most lucrative deal for the directors is not from growth but buying and selling its own shares! Very lucrative for them....as they move huge number of shares the movement need not be too high...insider dealing at its best....if one investigates the share dealing then the same conclusion would be drawn. Very sad situation.
2020-12-12 19:01 | Report Abuse
I expect a run to 6.00 as part of positive correction....then it will take breather to see improvement in business metrics.
2020-12-12 18:58 | Report Abuse
I see a rally up to 5-5.20 then a pause ....until real improvements are seen in operations. But then again market looks ahead.
2020-12-12 18:03 | Report Abuse
Let’s see what the results shows us next week. Main concern is level of debt. High gearing csn be ok if it is supported by profitable projects. I am hopeful.
2020-12-12 17:59 | Report Abuse
Crooks in the kitchen. Look at the other counters ....
2020-12-12 11:16 | Report Abuse
Market looks ahead and not back. So improvements is 2021-2022 will be factored in now hence the rise. In between there May minor corrections...but trend will be upwards ...from the abyss of !arch 2020
2020-12-11 18:23 | Report Abuse
What’s common between serba and minetec? Same owners causing havoc!
2020-12-11 18:22 | Report Abuse
Amazing one guy keeps buying and the other director sells.....what this means is that onion will have even more shares in the company to dump later......this called “ what a carry on”
2020-12-11 16:07 | Report Abuse
Ha ha onion buying no impact on shares .....he wants the stupid lamb to follow him so that he can dump the shares again! What a counter....the company a complete shell. A sham
2020-12-11 15:54 | Report Abuse
People are moving around and once the CV threat is reduced there is lent up demand which will suprise everbody! Genting is well positioned to recovery aggressively. Even now good buy if you take a 1-2 year view.
2020-12-11 15:52 | Report Abuse
Do the opposite what the IB say! They are crooked as hell,or simply not up to it...should be car salesman! Dayang is very underrated given the firmness in oil prices which leads to more CAPEX ...
2020-12-11 15:46 | Report Abuse
Serba crooks in the kitchen
2020-12-11 13:23 | Report Abuse
Patience needed lot of short term pocket money investors.
2020-12-11 13:20 | Report Abuse
Rallied to 5.91 and sellers came in....these were the ones caught high and it is Friday! Hoping a good rally after results next week!
2020-12-10 19:12 | Report Abuse
Good rally to take it to 4.50 by year end at least then next year May see some correction and then move upwards when better results in terms of write offs is published. Market thinks ahead remember! That is why banks ceo do set aside high provisions which then can be written back when things improve. Hope CIMB csn recover some of Singaporean loans by group action against the audit firm.
2020-12-10 18:48 | Report Abuse
Shell company that does nothing meaningful otjer tshn pay directors fees!
2020-12-10 18:47 | Report Abuse
He is buying to shift price and some other retail investors join in on the top and then he will dispose or get connected parties to dispose. That’s the game. One person who holds majority shareholding is very dangerous as we have seen before. I have never come across in other markets this level of buying and selling by director(S) in open market before. Wont touch this company with a barge pole ....sure it rise but for no reason other than sharenacquistion.
2020-12-10 17:47 | Report Abuse
If you follow UK world you would see some companies shave had rights issues and all of them have risen dramatically there is rationale for raising capital. Interesting companies who have shareholders / Founders who,own more than 20% of stock can misuse their position. This when the regulators should exercise control and investigate and carry out due diligence. Sadly this does not happen too often.
2020-12-10 17:43 | Report Abuse
It all depends what PP is used for ....if it used for expanding the company and getting new contracts than it is ok. If it is for major shareholders and connected parties to make a turn on shares, than it is bad. Serba have been guilty of poor governance and behaviour consequently any rise in price would be met by share sales by people who are trapped. Hardly a case for investing for long term growth.
2020-12-09 19:10 | Report Abuse
This is better than Serba, at least the placing will be used to upcoming initiatives. Company itself does not need funding the balance sheet is strong and therefore purpose is to support future projects. Keep fingers crossed!
2020-12-09 18:19 | Report Abuse
Fundamentals is not an issue! If it was purely for fundamental, the share price would be north. The serious players and institutional investors know that any time directors csn dispose their shareholders in the open market.....this is not normal....so please don’t talk about fundamentals only way u make money is to quickly sell when it goes up...which is not investing! Despite improvement in oil sentiment, this share is going south....! Look in developed markets all oil,related companies have rallied strongly!
2020-12-09 18:15 | Report Abuse
Keeps fingers crossed, this counter is unlike Serba....which is run by gangsters. The company or the major shareholders are more focussed on making a turn on their shareholding dealing in their shares before major announcements and doing placements with connected parties. I am hoping yinson is also ok?
2020-12-09 16:23 | Report Abuse
Total mismanagement....how do shareholders make money? Capital growth and dividend income. Both have been diluted despite the company being profitable...so where it go? The profit is going to directors and insiders who sell high by making various announcements and then sell only to buy and buy back cheaper with private placements. It is a racket ...which needs to be investigated. The timing of directors disposal is the issue and is fraudulent ..it is not consistent with requirements of a listed company. The behaviour pattern needs investigating...this will happen of complaints are lodged.
2020-12-09 10:35 | Report Abuse
Smurfbee....if I say so you are getting carried away when you talk about world Muslim market! MYEG is not capable of supporting worlds Muslim market. Malaysia perhaps!
2020-12-09 10:17 | Report Abuse
Never buy warrants in this company....absolutely manipulated. The behaviour of the directors suggests that they are morally corrupt and exercise no fiduciary duty, they should not be listed and go,private.
2020-12-09 10:15 | Report Abuse
Same old behaviour to shaft retail customers.....the danger that May something like this was highlighted by Simplywallstreet. Nobody is arguing that money is needed to fund future growth but it is the manner it is done.....usually it is very clearly communicated as why such an action is being taken....for example Aston Martin in U.K...well publised and justified. Here all secretive
2020-12-08 18:18 | Report Abuse
Dayang is better option than serba for sure. It has stronger balance sheet and below,fair value and less prone to management shafting
2020-12-08 18:16 | Report Abuse
Raising funds should be through issuing of bonds or equity, in which case it should be rights issue which is fair to existing shareholders. Private placement is open to misuse for sure. These companies go against the grain of fiduciary responsibility to its shareholders. Should be boycotted.
2020-12-08 18:13 | Report Abuse
Michong99.....unloading huge number of shares in open market by management May not be illegal if it is disclosed but it is unethical....you don’t see this in developed markets where regulation and investigation by regulators is frequent. Some of the activities are bordering around being illegal. Look at Minetec, sea link...same pattern of behaviour.
2020-12-08 18:08 | Report Abuse
A racket for sure. Again big disposals by management. Very unethical outfit.
2020-12-08 16:54 | Report Abuse
Next Friday is the day...expect some momentum before reporting...can see breaching 6+ before her end
2020-12-08 16:50 | Report Abuse
MyEG despite the recent hype is a good medium term prospect...it needs patience. The stock has delivered good returns..despite share manipulation of sorts. Good,opportunities ahead, with NIIS contract eventual return of GST and offshore investments. Patience is the key!
2020-12-08 15:44 | Report Abuse
What from what I hear Genting Sing is busy and Genting Malay....in Genting is experiencing uptick in people
2020-12-08 15:36 | Report Abuse
Opportunity to buy on weakness.....next year looking good
2020-12-08 15:34 | Report Abuse
Price should rally for sure and the results should be ok plus news of bidding....Yinson is interesting low profile in Malaysia...but does a good job!
Stock: [AIZO]: AIZO GROUP BERHAD
2020-12-15 21:30 | Report Abuse
What a carry on!