Don’t be surprised some positive announcements during budget 2024 next month. Government really needs $$$$$……

Where are the naysayers?

C27 a good buy, expiring 08/24 (11 months) huge potential….

Time to revisit BAT

Kitacon is finally back, slowly but surely…..

Just see how it frustrates moneyking ….

Always remember, stock market will never perform according to your wish and you really need patience when you invest or trade. If you do not have patience or when you’re about to give up, the operator will start goreng….

Trading purpose is called call warrant, not this type….

1) Mudajaya short term loan > rm260m and total liability > rm700m
2) cash in hand reserves for working capital
3) Real Jade balance to be paid @ rm100m (via vendor financing)
4) last quarter finance cost > rm10m

I expect Mudajaya to offer free warrant soon:
- needs free funds from conversion of new warrant to repay short term liability
- to reduce finance cost
- to reward shareholders
- to increase public spread / float

For those risk takers, the warrant is still a good bet @ 0.01 and imagine if the mother’s price slowly climb up to 0.30 by July August, you’ll make big $$$!

Today may close green …..

SBB started?

No selling pressure + SBB coming, how to trend south?

SBB resolution passed. Time to trend north….

AGM tomorrow….

Yes SBB is up to 10% but Mudajaya can only buys not more than 4.71% (around 88m) due to the single largest shareholder already holds 70.29% and bursa rules stated clearly that public spread/float must be min 25%….

Trader808, your view?

On 15/6/23 AGM, once share buy back resolution passed, mudajaya will be allowed to buy back its shares from the market and it will be allowed to buy back up to 4.71% shares from the market (to maintain public float of 25%). Pls imagine 88m (4.7%) shares being bought back from the market, what will be mudajaya’s share price?

SBB will start after AGM, stays tuned…

好像是有人在收票…

I sold @ rm15.10 in 06/21 and mentioned will re-visit when it dipped <rm12.00.

Now looks like possible to dive even lower….

Don’t catch the falling knife…

Ex date approaching and price trending south. Will break rm12.00 after ex date …

https://www.orientaldaily.com.my/news/nation/2022/02/17/468452

Q4 results out soon and will pecut like a rocket!

Selling pressure seemed subsided…

Let’s see whether can get CNY ang pow from Swift…

This price is too good to resist

Buy

https://qiqi.world/read/38910?fbclid=IwAR3-pd6GvEtJzcixUI4zwD2pB5elPMJ_XAfsflfdMnBJ6xBn67XxnJW1ha0#2

Good sign

1.50 wallop habis ….

We can’t deny the fact that BDI determined the direction of the share price ….

Look at the volume traded last 10 days is the indication it’s coming …

Worth reading article

https://m.malaysiastock.biz/Blog/BlogArticle.aspx?tid=24735

Started buying @ 70c

BDI today actually warrant a LU for carrier / shipping stocks…

I remembered last year when gold price shot up, most of the gold related counters LU, that’s Msia

It’s the matter of time maybulk hit rm1.0 (my 2c opinions) when the bull sprints!

Let’s see today can break 1.50

Breakout already

1.38 resistant

Nice

Now one year twice dividend payout and DY is >4% and may expect fund managers to buy …

No selling pressure, looks good….

Unbilled sales @ >500m, as strong…

All the hantu will resurface aggressively

Expect BAT to drop further….

PN government collapsed! So, basically the regulations of e-cigarettes and the enforcement of contraband cigarettes will be ignored especially no government for the time being…