Fundamental Value trader / investor base on PE & PB. Anti technical analysis. targeting undervalue company and hoping for privatization (easiest way to earn money)
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1 week ago | Report Abuse
strategy involved is just as simple as to park my capital at the one with better latest QR, jump back and forth between price gap while freight rate is high (good prospect / catalyst for both counters)
1 week ago | Report Abuse
@speakup I bought harbour at 1.20 before jumping to sygroup after harbour latest QR released, maximize possible profit between these 2 very similar and directly competitive companies
1 week ago | Report Abuse
@NatsukoMishima regardless of NTA. tell me what you think is good about swift? EPS is bad considering there is one off gain involved recent QR, debt situation is also bad, no promised future prospects. what is actually good about it? it seems to me just a regular company traded at fair value
1 week ago | Report Abuse
@NatsukoMishima NTA is key to judge the value of a company. we are not just looking into good company. but we are looking good company that the price must be traded at "undervalue" keyword is undervalue.
a good company if traded at fair or overvalue is no longer worth to purchase as it is harder to give capital gain as compared to undervalue good company
1 week ago | Report Abuse
I prefer to reenter in case it turned syariah complaince again (as long as price still reasonable by then). as of now i focusing on sygroup first
1 week ago | Report Abuse
bought back a few orna at rm1.00 (9 july 2024, 4.02pm). price seems to be grounded for this qr and easily maintain for next qr even at minimal positive. hope for next qr to show significant improvement and price would almost guaranteed to follow up
1 week ago | Report Abuse
@NatsukoMishima you need to learn valuation proper way. sygroup / harbour price has up significantly for the last 6 months while swift are still flip flopping between 0.50 and 0.60
1 week ago | Report Abuse
we don't sell mecerdes just because it's price can buy multiple proton cars. must look into it's value
1 week ago | Report Abuse
@NatsukoMishima swift's recent QR involved significant one off gain, somemore a debt is still high, NTA is mere 0.80, 5x sen is quite fair valuation unless if future QRs can show improvement.
so far sygroup (price 0.785, nta 1.11) / harbour (price 1.55 / nta 1.95) is still so much better choice comparatively due to better QR and less debt / finance cost burden
1 week ago | Report Abuse
the above I said is also possible if operator has already collected as much as possible shares of the company, because since when the big boss would like to share profits with investors? most likely they want to keep most profits for themselves. only thing we can do is hold as tight as possible until that day happen and be the few survivors left that the operator cannot sweep away
1 week ago | Report Abuse
I would be glad if asiapac can do the same as wct, relist imago mall as reits so that mother share value can be unlock by clearing bad debts with ipo money, and also hope that existing shareholders here can get little portion of imago reits free shares. best win situation.
that way investors that not interested in asiapac's property development business can sell away mothershare at reasonable valuation and move the capital into imago mall new reits (if reasonable ipo / post ipo market price) or move into other undervalue counters
1 week ago | Report Abuse
@Sean08 things are so mess at smi. imo, smi is just a liability to asiapac, as well as it's own property development sector. only good thing in asiapac is what that made up majority portion of it's NTA and serve as the only source of consistent profit income I.E. IMAGO MALL
1 week ago | Report Abuse
value of this counter should be 0.200 above no doubt. but also bear in mind that most queue parked at 0.110 / 0.115 are most likely the operator itself, therefore are irrevalant as support as it can just be opeator's mindgame and operator still can went back to 0.110/0.115 anytime if wanted to collect more.
in short it is still all up to operator in this highly controlled counter
1 week ago | Report Abuse
@nemesis hopefully, operator has been collecting for year, as long as we have been waiting, I believe the price only keep this low for operator to collect more by exhausting investors' patience, currently it is still almost half the price of iculs / ipo despite the company fundamental is now more built up with imago mall and NTA been grown to 0.73 despite bad debts. bear in mind that big boss mah subscribed the most iculs at 0.200. for that he is very well aware that the company is worth a lot more than that and in future will be traded above that whenever he wanted.
with that being said, despite trading a little back and forth in between, (had to do so in case operator still want to play and collect more at lower price flip flop), I am still keeping majority of my stakes here. 40% of my total investment capital is in this counter.
1 week ago | Report Abuse
asiapac most investment losses / gains are mainly due to price changes (quarterly) in smi if I am not mistaken, because it is it's main external investment besides own businesses of imago mall & property development
1 week ago | Report Abuse
yes related, having stakes in each other, but the their respective big boss (biggest shareholder) is not the same person. asiapac's big boss is mah. smi is having internal affair now to decide who are the big boss, but unlikely to be mah because his stakes there as far as i know is not close to be the biggest shareholder
1 week ago | Report Abuse
btw talking about syariah list, can also refer to MESB (which just turned into syariah complaince) to study the opposite effect
1 week ago | Report Abuse
nothing to catch up with MISC as harbour % price up recently (up to 1/2 or 1 year) is still ahead of misc. sygroup just catch up with harbour but price still parallel as of now.
as of removal of syariah list, not only it will may cause recent selling, it may also cause long term lack of interest from a big group of Malaysian investors.
despite so, I am still positive that harbour price might still up with good freight rate and potential good upcoming QRs, just that it might not be as attractive as sygroup considering sygroup is still syariah complaince and has a slight better current QR
2 weeks ago | Report Abuse
hi guys, anyone here know what will happen to existing shareholders if WCT listed as reits? will it's existing shareholders automatically get free shares of it's newly listed reits? or still need to subcribe and pay for the ipo of the new reits? and what will be the direct consequences to the share price of it's original stock of WCT?
2 weeks ago | Report Abuse
the buyer can also be 3rd party retailers / institution investors with huge capital that are interested with the company at current low price. too many possibilities to be conclusive or get prematurely hyped before actual rally happening
2 weeks ago | Report Abuse
even if you are right, 5m is just 5/1488 = 0.3% of the total shares here. doesn't signify they have collected enough. just point out facts, despite I hope you are right and this counter fly high next week
2 weeks ago | Report Abuse
@stncws how to trade RM0.118 at the market? if you mean average cost, how do you calculate that? how you know who are the buyers & sellers behind all the transactions?
2 weeks ago | Report Abuse
@stncws how / where u get such info?
2 weeks ago | Report Abuse
btw, don't get too confortable with the support queueing, this stock is stil highly manipulated, we don't know when the bos finish collecting and want to fully unlock value
2 weeks ago | Report Abuse
for cut queue play I won't risk a lot stakes also
2 weeks ago | Report Abuse
@stncws won't know before it happen, those I cut queue sold at 0.12 yesterday morning only 2.5%. previously cut queue topped up 5% at 0.110 (01 july). just minor profit locking play before reaching my reasonable TP of iculs / ipo price of 0.200. ultimate TP even beyond that and yet to set considering NTA is above 0.700
2 weeks ago | Report Abuse
top up a few sygroup at 0.790 (05 july 2024, 3.32pm), bought back those I sold yesterday at 0.835
2 weeks ago | Report Abuse
sold 7.5% more asiapac at 0.120 (05 July 2024, 3.22pm)
2 weeks ago | Report Abuse
no more free gap meat now at sygroup, but now let's see if both counters can rally higher towards respective's NTA
2 weeks ago | Report Abuse
no more free gap meat now at sygroup, but now let's see if both counters can rally higher towards respective's NTA
2 weeks ago | Report Abuse
SincereStock
sygroup going to correlate with harbour at 1 : 2
3 weeks ago
posted this 3 weeks ago at SYGROUP forum
happening already now, sygroup has now overtaken harbour price in term of 1 : 2 ratio. with sygroup rally higher to 0.830 from 0.70, while harbour remain stagnant at 1.6 level
2 weeks ago | Report Abuse
SincereStock
sygroup going to correlate with harbour at 1 : 2
3 weeks ago
happening already now, sygroup has now overtaken harbour price in term of 1 : 2 ratio. with sygroup rally higher to 0.830 from 0.70, while harbour remain stagnant at 1.6 level
2 weeks ago | Report Abuse
sold a few sygroup at 0.835 (04 july 2024, 10.51am), still got a few left
2 weeks ago | Report Abuse
it is quite worth to park a few cash while anticipating price back to pre klci downtrend before next QR for further analysis
2 weeks ago | Report Abuse
recent QR is clean and fantastic, 1 of 2 best QRs (insignificant;y different to each other). annualised around PE 5.5
company claim to do expansions oversea
facebook page are active promoting
no debt totally clean net financial income
still significantly below NTA
2 weeks ago | Report Abuse
top up a few NHFATT at RM2.00 (04 july 2024, 11.33am)
2 weeks ago | Report Abuse
cut queue sold a few at 0.12 today open price 04 july 2024, 9.00am
2 weeks ago | Report Abuse
bought a few NHFATT at RM2.05 (03 july 2024, 4.45pm). one of few good fundamental counters that is still lagging behind today's market recovery
3 weeks ago | Report Abuse
cut queue top up a few ASIAPAC at 0.110 (01 July 2024, 4.50pm T-Price)
3 weeks ago | Report Abuse
top up a few sygroup at 0.760 (28 june 2024, 3.40pm). it's next QR maybe better due to higher local freight rate
3 weeks ago | Report Abuse
@Bullballs confident but definitely not 100% sure la, nothing is 100% sure in investment, as long as don't all in it is worth the risk / favourable odds (for me personally la)
3 weeks ago | Report Abuse
cut queue sold a little more MESB at 0.635 (26 june 2024, 2.30PM open t-price), still got around 30% stakes left
3 weeks ago | Report Abuse
@investorbat the research you shared says resistance at 0.64 lol (technical stuff), as a shareholder here (still got stakes left) hope that happen too but I rather be doubtful with technical stuff and such researches.
preparing to top up back some if price falls to lower level
3 weeks ago | Report Abuse
top up a few more pohkong at RM1.14 (26 june 2024, 10.01am)
3 weeks ago | Report Abuse
sold a few more at 0.620 to lock profit (26 june 2024, 10.01am), still got slight less than half left
3 weeks ago | Report Abuse
top up a few more dksh at RM5.27 (25 june 2024, 11.01am)
1 month ago | Report Abuse
top up some more POHKONG at RM1.18 (20 june 2024, 2.35pm), switched my capital from TOMEI to POHKONG here because POHKONG recent QR is a lot better. overally POHKONG improved a lot more than TOMEI. focusing solely on POHKONG as my gold counter now
Stock: [HARBOUR]: HARBOUR-LINK GROUP BHD
1 week ago | Report Abuse
investment is all about taking advantage of value gap between actual value and market price