what I see is Taib family issue already factored in the price for quite some time already, his leave today is also not a surprise, I agree market sentiment don't like the news, but then back to business, QR is just around the corner, let's just wait and see

this is a well established company, yet you still want his father to carry forever? just like you a grown up men

better you elaborate ja how cannot already realistically lol

cannot already mean limit down liao, down 1 / 2 cent also consider cannot already a?

1733 lot 1.02 sell offer withdrawed 5 min before market end takut kena sapu ka haha macam sengaja press preclose down to 1.02 ja

@curiousq market say otherwise lol 1 / 2 cent drop only with strong support, somemore during klci index retraction day

how to replace? you think sunlight robbery a? put all CMSB assets into SCIB?

@ocbc meh, SCIB negative PE and still above NTA despite price already waterfall lmao
see how small and bad fundamental that company want to replace CMSB?

despite HUMEINE and MCEMENT are the hot potatoes now. CMSB still got better NTA discount, better PE and better DY lmao

1 concern is that gov no longer give priority to the company, nevertheless, they also already take away it's cement monopoly at Sarawak, the news is half year ago and already priced in I believe. what else important now is the management of the company and profitability of the business onward.

very keen to see next QR as cement business is good now

@sivapakiam311056 who get the company shares doesn't matter as they are not the one to run or make decision for the company, NAIM on the otherhand have to problem to rise up to 5% intraday today albeit the same news.

by the way @sivapakiam311056 I see you have been so loyal with this counter (only commenting on this specific subforum for many years already) looks like you are very certain with how much the actual value of the company :-)

@BurungPipit overlooked the meaning of your message just now and just got read the news from FB. it doesn't affect fundamental of of company and if anyone intentionally lower the company price today is a disrecpectful act and I believe nobody would intentionally do that, maybe some fears in retailers but I think it has been well absorbed at 1.02 already morning just now

last QR is affected by phosphate losses, hopefully this QR will be better as cement business is good now

reentered today at RM1.03 after leaving the counter at 1.05 around half year ago. decided to buy this counter as it is more "grounded" and fundamentally undervalue while people are focusing on MCEMENT and HUMEIND.

Taib family issue should have been overplayed and doesn't actually affect the fundamental of the company

by the way, I also realise that half it's NTA is made up by intangible assets

hope someone can kindly give me some good insights for enlightment here~ thank you

I am a little confused here

first of all I am not an investor or follower of this counter. I had a glance over this counter this 3 months ago during it's previous QR announcement, at that time, I overlooked this counter for not realising there are share consolidation 1 month before the QR announcement, due to that at that time I am misjudging the counter to be overvalued (misjudging it's price at 2.5x higher value). it should have been a fairly good QR otherwise. but then price dropped from 2.6 to 2.3 since there.

today it's price back to 2.6 price level, this afternoon, by reading it's just announced QR I just realise the share consolidation taken place due to it's adjusted NTA. considering to buy some this time, but then also realising it's QR is actually not as good as the previous one at the similar price level. so I hesitated and didn't make any move

@Eric Lim I don't have ticket how to sell lol I am serious with my question doing study here

good QR? isn't it worse than previous QR while oil price is better during sep to dec (current QR) than june to sep (previous QR)?

someone please correct me if I am wrong

@TiffanixLVxHermes

"cons:
low demand = lack of attention = low momentum"

"expect coming QR will be better than last QR"

above problem (cons) will be solved as soon as a better QR announced

hmm, seems like today's buyback wasn't done during preclose :-(

there is no catalyst to push it up 0.7x before QR release, unless the result is leaked and is actually good

@TiffanixLVxHermes imo it all depends on next QR, if result is good, 0.7x is easy, 0.8x also not impossible

I would stay out from this counter until next QR released, will decide whether to reenter or not by then

Imago jam pulak mau masuk. Ingat semua orang suda balik kampung

https://www.facebook.com/photo/?fbid=893016539277911&set=a.674299797816254

nice up 3% 1st day bursa after cny, potentially QR play this time?

o yeah another guess without refering back to the records, they do have habit buy back at preclose right? haha perhaps that's it

@TiffanixLVxHermes just had a glance back over the recent records, not quite sure what is the hints. just notice the higher the price the lesser the buy back? which is right thing to do I suppose.

I don't think they want to push up the price through buy back anyway, just supporting is good enough, let the market push the price itself up would be a better way to also preserve more value per share

lmao share buyback at preclose prevented me to cut queue to top up a little more at 0.625 lol terus make the counter gap close at 0.64

been wondering who the heck doing that buying 1k lot at 0.640 until official buy back announcement

buy back has not been that much per day recently

luckily only queuing at 0.630 first liners and not kena trapped at 0.64 price lol

SYGROUP got newly improved recent DY too btw ^_^

@TiffanixLVxHermes better don't get distracted by it's DY while it's revenue / EPS getting downhill, better wait for it's next QR first for further speculations~ price uptrend along with revenue / EPS downtrend a little doesn't make sense there~ just my 2 cents ^_^

@TiffanixLVxHermes gd luck~

btw I am not interested with FM seems to be quite fair value already comparing to SYGROUP or HARBOUR (refering respective NTA & PE). I would prefer a 0.75 SYGROUP or 1.38 HARBOUR (it's recent peak where I managed to offload a few of my total stacks) than 0.60 FM lol

previous catalyst "red sea crisis" lasted too soon

@speakup wait for catalyst aka next QR

regular share buybacks here also a bonus for it's stability from going downward and good show of confident by the management

and since SYGROUP is more rely on baltic dry index rather than container freight index. next QR (for jun to sep) has very good probability to be delivered better than HARBOUR

very very similar fundamental with HARBOUR imo, but price more grounded here without much inflated by temporary and potential to end soon red sea crisis. so switched over here like @TiffanixLVxHermes after taking profit at HARBPUR

has been monitoring this counter for quite a while, finally entered a few for the first time at RM0.630 today

good enough bargain I think right before the announcement of the next "potentially" good QR

https://www.reuters.com/world/middle-east/israel-presses-onslaught-gazas-khan-younis-us-pursues-ceasefire-quest-2024-02-06/

here some latest updates aka "fundamental signals"

so the problem is technical analysis not this counter ya hehe

but of course if you wait for technical signal, not much profit because it is too late

@fruitcake what do you mean? why say so?

I made profit (capital gain) here multiple rounds already over last few years (you can refer to my previous chats I got writen my entry / exit timing and price all records are still there)

but of course the biggest gain is this most recent one (red sea crisis) tbh I not sure it is over or not but don't want to be too greedy, as long as got good profit can leave already

less than a month left for QR, can't believe I still holding this lol
less reason to give up and sell at this point
no more queueing at upper sell queue

sold all remaining at 0.975 probably will move on from this counter onwards, better and safer opportunities outside

sold all at 1.27, decided to move on, hopefully truce between Hamas & Israel decided asap and peace be upon Gaza's people

sold a few more at 1.27, only a few left

@TiffanixLVxHermes it is always better too early than too late in stock market investment (both entering and exiting). but of course precise is the best but very hardly achieved haha

top up a few more at RM0.415 today morning

top up few more at 0.105 today morning

sold half of few at 0.985 today morning, oil price prospects become very uncertain now