i expect should be >4m but only 3.6m, not so good but not too bad as well

to hold till div and end year until new acquisition start contribute

when directors and main shareholders selling million of shares in open market, that an exposure

i had moved on, loss 2c

dont worry can earn back 2c in others

if the trade reach your limit, just move on. prev news out said that it have white knight to save but directors is selling.... thats not good sign

buying high gearing company always expose to corporate exercise like PP, RI and PN17, etc, so must aware and should able to handle the risk in case bad news out like barakah PN17 notice

barakah has received PN17 notice, reach have the same risk too, trade carefully

perdana lucky bcoz has dayang to cover

and from now onwards might see roller coaster trend, pump and dump, pump when good news, dump back later

market will make decision next tue onwards, lets see what would happen

while then can watch show at dayang and perdana after RI announce

armada refinance is less severe to shareholders than RI, even if Armada need to do RI, it will be done at .50 at least, so below .20 is still attractive

those whom believe dayang TP rm3 and bought above 1.50 need strong heart in coming days

when i first bought armada at 0.50, it drop to 0.145, -0.35 drop, if bought dayang at 1.50, frm next tue might fall to below rm1, will be -0.50 drop

wait end mth after qtr out only to decide buying

current price is 0.345 and in normal case when a stock make cash call, price will be down. reason, rcps @ new shares will dilute price when it converted bcoz it cheaper (discounted price)

another reason is current perdana holders will have to pay to convert the rcps (optional). if you own 10k shares of perdana now, you entitle 25k shares @ .26, you need to fork another rm6.5k for conversion

and if all rcps converted and total shares become 2.7b, with annual earnings of 40m (10m every qtr), eps will be 0.015c (much lower than prev qtr eps of 1.17c)

important things to know on the rcps
- total money to raise is 506m (max scenario)
- if price fix at .26, total rcps to issue almost 2b
- 5 rcps for every 2 perdana shares
- total shares after all rcps converted 2.7b (max scenario)

if you as consultant do really care of your customers, you should charge your customers based on the percentage from the profit they made and waive if it a loss

if you consult then went wrong and later still ask customers to pay fees, the one whom always making profit is the consultant itself

to evaluate how good and responsible you as a stock consultant should be based on how much your subscribers make money out of market, not you as the consultant

desperate note, he might still holding and worry for another big sell.. fund knew in advance on the RI, thats why they sold earlier

when sendai call for PP, he said the same thing and look at sendai now
———————————-
ramada Dayang: Puzzle is Clearer - Koon Yew Yin
https://klse.i3investor.com/blogs/koonyewyinblog/207083.jsp
18/05/2019 2:46 PM

https://www.klsescreener.com/v2/announcements/view/29054334

RI news out, lets see what market will react next tue

well said

———————————————-
qqq3 Dayang restructuring

-rights issue at Dayang and Perdana
-private placement
-transfer of 60% subsidiary sukuk debts to holding company Dayang
-Conversion of interco accounts into RPS

A complex and comprehensive restructuring with many moving parts.

End result
Bankers of Perdana off the hook
The risks passes to Dayang, Dayang shareholders and holders RPS.

CEO build the business and its was not easy building one from scratch.

and the problem with the business is not due to its fault. its the oil price.

if you believe in the sector recovery, then it should be the main reason buying it in the first place

common sense will not put all eggs in one basket, everybody knows it

and everybody also have 5 senses, and its common too

the 6th sense you mention is uncommon, where only few people whom doing their homework and plan his capital, asset & liability in a manner way in its portfolio and have the ability to understand how market works when its comes to trading

have u ever seen 6th sense movie by the way?

————————
Gemini Putting eggs in many basket is for people who have unlimited funds. For limited funds people Juz put all in one basket and watch your basket. Unless company going bust if not last year loser will be this year winner, everybody have 5 senses but it’s the 6th sense that make you the money, it’s call common sense. Happy investing!
17/05/2019 1:18 AM

but its still a good news anyway

when you win a contract based on work orders, you need work order to carry out the job. after job done, you can make claim

the contract has been secured earlier

read properly, its not a contract win, its a work order

.24 will be the lowest support now, i dont think it will down below .24 or .245 again so tomorrow will queue at .25

which o&g player wants to merge with highly debt cmpny in a competitive market when they also having the same debt problem? (mostly service provider sitting in huge debt now)

the only hope for o&g to survive is to ensure the oil market stay above its support price >60usd for longer period eg >2 years.

even look attainable, however is not easy for stock market as many fund (esp local institution) is reducing their stake in this business due to its uncertainty

when foreign fund away and local reduce, this is what you get from it

but you still can put one or two eggs in o&g and put another in consumer, reit or any recession proof stock as diversity so if you lost one, you still have other eggs that can produce chicken

when fund dispose you need another fund to collect which as for now yet to appear

if next qtr profit is less than prev qtr, it might drop further down like what happened to lionind

when a stock drop to your limit, just move on, loss a bit is better than huge loss later, unless you can bear the downturn and have holding power, you might keep it bcoz what goes down will come up unless the business is not feasible anymore to make profit

yes, lioind and the HBI stories but i made money there thanks to uncle.

will accumulate if down below 18c after the qtr and wait for woodside legal claim result

next coming quarter might put pressure again, but last qtr it stay at 18c

for price less than rm1 @ 1b share, if you can gather few hundreds millions, that will be significant

even if you are not rich but if you can influence the rich to follow you, total all the money it make different to the stock price

accumulate and hold, after div and qtr result and when market good, will fly to the sky

you should hve known this stock market is a dog eat dog world, either you eat or being eaten

those sifu and super investor just want to make money like us and everybody out there... to earn, one must outsmart the others

pity those bought at high and become a victim, now wondering the rm3 can achieve or not..

please sell to me some

i queue at 31c to buy

been heard RI since mid of last year and after 1 year still not happen

thanks for reminding

btw, im only paper loss a bit and only hold small lot here

dont be so naive, diversify your holding

if you wanna bet on o&g driller, destini is different category

market is irrational, look for end year target. debt will be managed if cash flow continue good

accumulate below 0.26

maybe 0.15

dont bet on coming quarter report bcoz its impairment (claire/ sc vessel and osv) will still hits its earnings, unless balance with kraken impairment write back then might be green

even if its green bcoz of the write back, might be another one day show only, so still have time to buy later

next big rocket will be when legal case of claire woodside result out, if you can hold and the result go to armada favour, then another jackpot

but if you confident with the o&g, no problem to hold

i think it will down a bit more due to global worries

will buy at 30c, market will continue bad due to new trade war worries

1k lot = rm2k div

going to keep 1k lot here

accumulate again if .565 or lower

most retailers

1) not patient - want quick profit
2) fear - cannot accept loss
3) out of cash - fully invest and no cash back up

in a game where ikan bilis vs shark, shark is bigger and faster than you, cannot fight them

unless you know how the game is play, then you can swim to the same direction

velesto also dropping break support, retailers always become victim