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2019-01-09 13:00 | Report Abuse
i came back to Malaysia for the past 3 weeks and called up my remisier to recommend to me what share to buy. He highly recommended Hibiscus as he was told that a certain big player in the market has accumulated up to 30 million worth. I asked my remisier to buy for me and gave him my permission to up to one million worth. I was fortunate enough to get below 80 cents. Today my remisier called up that my paper profit is rough 178k. I wonder if i should sell now?
2017-05-19 19:35 | Report Abuse
I see Blueocean88. If I am not mistaken, AAX will have to move an Extra Ordinary Meeting for the propose merger. My remisier told me, the offer price will should not be less than 0.68. I am not very knowledgeable but I think minority shareholders may not agree and will demand higher price. My remisier also told me syndicates may aggressively buy next week as the current market price and propose 0.68 offer them substantial return. Thank you.
2017-05-19 18:22 | Report Abuse
My remisier told me that he got news from insider that Tony Fernandes may propose merger between AirAsia and AAX. Have any of you heard about it? Thank you.
2017-05-02 23:17 | Report Abuse
Goldenshare, i wish i could but if i leave my work, i would be paying compensation to the company. Trademan, i shall buy Aax to average my buying price at 0.44. Thank you.
2017-05-02 22:32 | Report Abuse
I had dinner with my remisier and friends, and we talked about Aax. And it occurs to me, Aax has just risen only 0.08 from my previous 0.40 buying. My paper profit is now 189k. I shall buy another one million worth of Aax if i can get 0.48 tomorrow. Thank you.
2017-05-02 20:21 | Report Abuse
Thank you Radzi and Aceso. I hope you all will gain more after June. I wish i could hold but once i am back to Norway, i have no time to monitor my share. Thank you.
2017-05-02 17:38 | Report Abuse
Hope you can hold Breadman. I would hold Aax for a long term if I stay longer. Reaching IPO price would not be impossible. I wish you good luck. Thank you.
2017-05-02 17:16 | Report Abuse
Thank you Kenteoh94. Probably they are syndicates spreading negative news and accumulating Aax then. My remisier did told me to ignore negative news and wait until Aax reach 0.67 before deciding to sell. However, I am not sure if it can reach that price in June. I will be forced to sell all my shares before I resume my work in Norway. Thank you.
2017-05-02 17:11 | Report Abuse
A month ago, I bought Aax worth over a million after strong recommendation from my remisier and friends. I shared with fellow friends here. However, I was accused some as scammer and I read so many postings labelling Aax as Holland share then. I am glad that I have listen to the right people. I hope Aax will reach 0.67 before I go back to Norway in June. Thank you.
2017-04-04 19:59 | Report Abuse
Thank you Dehouse. Yes, my remisier already recommend me to buy another share. I bought half a million worth of Ekovest. What do you think? Is Ekovest a good buy? Today, I saw Aax drop a cent from my buying price. I called my remisier and he told me syndicates are collecting before making a push. I don't really know about syndicates but my remisier told me to be patient. I share your worry but I think the risk worth the reward for Aax.
2017-04-03 17:08 | Report Abuse
Thank you Goodcompanies. For me, buying Aax worth a million is quite reasonable. Given than i dont use financing facility offered by my remisier. My remisier was recommended by my friends who made millions from him. And also, i had a good experience with him after i made about a million 2 years ago even though it i only invested about half a year with him. Thank you.
2017-04-02 15:43 | Report Abuse
Thank you Gylai90. Yes, he did. My remisier recommended that I sell if Aax reach 0.67. Is that realistic? I am not sure as I am new here. Perhaps you can help and advise me? Thank you.
2017-04-02 15:33 | Report Abuse
I am quite taken back with some of the remarks here. No sir, I am not a scammer and what is Holland stock? Is Aax PN17 share? Upon advise from my remisier, I did check Aax and found that for the past one year, Aax register a profitable year. Please advise me if I did wrong?
Just to share with you, I started investing in bursa back in November 2013 but sold all my share before I gone to Norway in middle of 2014. I made over a million during my short investment period. Since I am back for half a year working break, I intent to made similar return starting with Aax. I already bought over million worth of Aax. I appreciate feedback from you. Thank you.
2017-03-30 23:32 | Report Abuse
You are right Staind86. I got back since last week and was talking to my friends over lunch and they told me how good KLCI is. I called my remisier to recommend share to buy and he suggested that I start investing in Aax. I asked my friends , they too encouraged me to buy Aax. I was not so sure with my remisier recommendation but since my friends already make millions from his earlier suggestions, I see no harm. I bought over half a million worth of Aax this morning but will buy half million more tomorrow. Thank you.
2017-03-30 18:41 | Report Abuse
I bought into Aax today as encouraging news that coming quarter will be good. My remisier noted that price is depress for months to make way for syndicates to accumulate. I have not invested for quite a long time as i was in working in Norway for the past 2 years. Aax is my first investment after coming back to Malaysia. Thank you.
2014-07-21 17:21 | Report Abuse
Just to share latest information on EKVE.
The Department of Environment (DOE) has approved the detailed environmental impact assessment (DEIA) report for the proposed East Klang Valley Expressway (EKVE), despite concerns that the project will result in possible degazettement of vital forest reserves and water catchment zones for the Klang Valley.
The revelation came in Works Minister Datuk Fadhillah Yusof’s June 17 parliamentary reply to Klang MP Charles Santiago, who had asked whether the federal government would consider reviewing or cancelling the highway as its construction would demolish two water catchment areas in Ampang and the Ulu Gombak forest reserves.
“The Detailed Economic Impact Assessment (DEIA) for the East Klang Valley Expressway (EKVE) proposal which will run through a portion of the forest reserve in Gombak and the water catchment area in Ampang has been approved by the Department of Environment (DOE) on April 25, 2013.
“The report has taken into consideration the effects to the flora and fauna, erosion, air quality, noise, vibration, hydrology, geological and socioeconomic impact during the construction and highway operation period,” said the Works Minister in the parliamentary reply sighted by The Malay Mail Online.
Fadhillah added that his ministry would be working with local authorities to ensure that the project would have a “minimum impact” to the environment, especially in “sensitive areas” and would undergo a frequent consultation process with affected stakeholders.
“The onus is on the Selangor government to stop the project. Do not allow any degazettement plans,” DAP’s Santiago told The Malay Mail Online when contacted.
“In a time and age where water resources are scarce, Selangor mentri besar Tan Sri Khalid Ibrahim cannot afford to pussyfoot around the matter, be firm in your stand,” the federal lawmaker added, saying he was disheartened with MB Khalid’s position on tolled highway projects in Malaysia’s richest state.
Last week, Khalid confirmed that the EKVE, along with five other expressways — the Sungai Besi-Ulu Klang Expressway (Suke), Serdang Kinkara Putrajaya Expressway (Skip), Damansara Shah Alam Expressway (Dash), Pantai Barat Expressway (LLB) and the Kinrara-Damansara Expressway (Kidex) —have been given a conditional approvals by the Selangor government.
The state has proposed to degazette portions of the Ampang, Bukit Seputeh, Ulu Gombak and Ulu Langat forest reserves.
The EKVE forms the final section of the KL Outer Ring Road (KLORR) which currently comprises the LATAR Highway, Guthrie Corridor Expressway, ELITE Highway, South Klang Valley Expressway and SILK Expressway.
Construction is expected to begin next year.
The Works Ministry has awarded Ahmad Zaki Resources Bhd (AZRB), via its wholly owned subsidiary EKVE Sdn Bhd, a RM1.55 billion concession agreement for the expressway project, according to news report by The Star back in February this year.
According to the report, AZRB said in a note to Bursa Malaysia back then that the concession period shall be for a period of 50 years, adding that the government had agreed to provide a loan amounting to RM635mil at an interest rate of 4per cent per annum.
Under the concession agreement, AZRB has the right to demand, collect and retain the toll for its own benefit from all vehicles liable to pay toll using the expressway during the operating period
2014-06-17 23:31 | Report Abuse
Latest news on EKVE highway suggest that degazette will be approved pending public hearing soon. The elevated highway has been amended to facilitate approval as it is going through minimum area of forest reserve. Thank you.
2014-06-07 16:39 | Report Abuse
I sold all my Bright not because of lose of confidence rather negative remarks made by few here. Bright already increase its production line to meet expanding demand for its products. Bright cater for international monopoly market in product packaging. Logically, Bright do not have any problem to increase its revenue based and last quarter already shown Bright under young Ricky Wong done great job in cost saving. However, bad reputation of Datuk Ricky Wong definitely reason why I change my mind. You can say I am in cross over good and improving results of Bright and bad reputation of Datuk Ricky Wong. For now, I am not entitle to say. Perhaps, Datuk Ricky Wong should invest more in pubic relation to improve his bad image. and reputation of Bright. Thank you.
2014-05-30 20:59 | Report Abuse
RHB Research has maintained its Buy call on Ahmad Zaki with a fair value of 96 sen, adding that the group is a good small-cap proxy to public infrastructure spending given its involvement in the construction of the Klang Valley mass rapid transit (MRT) project and various government facilities.
It said on Wednesday that Ahmad Zaki’s 1Q14 net profit met expectations at 27% of RHB’s full-year forecast/consensus estimates respectively.
“We project Ahmad Zaki’s net profit to hit the RM30mil mark in FY15 from less than RM6mil in FY13,” it said.
RHB said Ahmad Zaki’s current outstanding construction orderbook of RM2bil, which can already last for 2-3years will surge by 80% to RM3.6bil when the RM1.55bil East Klang Valley Expressway (EKVE) hits the ground over the immediate term.
“We also like Ahmad Zaki for its stable of concession assets comprising a highly profitable bunkering operation at the Kemaman Supply Base in Terengganu, the International Islamic University of Malaysia (IIUM) Teaching-Hospital under construction (26% completed) and the EKVE under planning.
“In addition, there is tremendous value in its 21,000 ha oil palm plantations (23% planted) in West Kalimantan, Indonesia,” it said.
RHB expects Ahmad Zaki’s net profit to surge five times between FY13 and FY15, backed largely by improved construction profit and reduced plantation losses.
2014-05-27 20:47 | Report Abuse
I didn't manage to sell all my shares due to low volume today. However, I shall continue to do so until all my shares are disposed. I hope Ricky Wong as ceo of Bright will do his very best to prove to shareholders that he is sincere in bringing Bright to greater height. Thank you.
2014-05-27 20:45 | Report Abuse
What a pleasant news indeed. I read that Mudajaya also announce their quarter result today. Mudajaya next profit drop by 40% and Azrb net profit margin increase drastically by 80%. Both Azrb and Mudajaya awaiting their announcement on highway award contracts. I prefer Azrb as they are in comfortable position with 3.5 billions bookwork which can last for many years to come. Let's hope Azrb will be able to maintain thei next profit margin in years to come. Thank you.
2014-05-27 12:47 | Report Abuse
I have sold all my shares today. Reading all the negative comments, i have decided not to invest in Bright again. Thank you.
2014-05-26 20:26 | Report Abuse
I will sell off all my Bright shares tomorrow. Disappointed with lack of support from retail investors. Thank you.
2014-05-23 12:09 | Report Abuse
Appreciate Bonescyhte for his article. However, lately some members are giving wrong or misleading statements which are damaging for mature investment decision. I hope hope some level of maturity and not childish remarks. Thank you.
2014-05-22 22:39 | Report Abuse
Really appreciate Sephiroth for bringing up highlights of Azrb. I really dont understand with RM2 billions bookwork in hand the market price is surprisingly only 0.70. Market should price it around 2.00 considering that bookwork can last for more than 2 years plus EKVE which will be announce very soon, will rate Azrb at 3.00. This is very undervalue indeed. Thank you.
2014-05-17 10:05 | Report Abuse
My target is 1.00. If open higher next monday, my remisier said will continue to climb higher untill end of month for quarter result and EKVE announcement. However, this is what my remisier and friends told me. Appreciate feedback from others here provided its revelant. Thank you.
2014-05-17 08:45 | Report Abuse
My remisier told me that Azrb will open higher this monday. Let's see if his information is true. Thank you.
2014-05-16 19:02 | Report Abuse
With pending EKVE highway announcement next week, I believe Azrb market price will be push to the limit soon. Furthermore, with 100 million cash after right option exercise, Azrb is in comfortable position to commence its outstanding 2 billion projects in hands and another 1.5 billion EKVE. Thank you.
2014-05-16 12:08 | Report Abuse
I would definate buy more if i could. However, my portfolio already max out. At present price, 30% by ebd of the year is not difficult. Thank you.
2014-05-16 09:36 | Report Abuse
AZRB according to my friends will be push to 1.00. Thank you.
2014-05-16 09:27 | Report Abuse
Like i said, its addtion not dilution. Thank you
2014-05-15 16:28 | Report Abuse
Splendid, exactly. Appreciate your comprehensive explaination. Likewise, the reason I add 50K at 0.70. Thank you.
2014-05-15 16:23 | Report Abuse
Ahmoi, existing shareholders are not entitle for new shares and free warrants. It is only for those subscribe to option rights. Thank you.
2014-05-15 15:24 | Report Abuse
Lets see the impact tomorrow. I am aware if free warrants impact but in Azrb case, only those subcribe to option rights will be entitled. So the misconception of dilution is misplace. Thank you
2014-05-15 12:19 | Report Abuse
I think theres a misconception here. The new shares and warrant only available to those subcribed to option rights. There is no delution but addtion. Thank you.
2014-05-15 11:27 | Report Abuse
Bought additional 50k at 0.70 today. Tomorrow listing of warrant will jump start higher. Thank you
2014-05-12 12:59 | Report Abuse
I collected another 50K today. In my opinion, Bright is very undervalue at the moment. However, this is my preference. Thank you.
2014-05-10 18:40 | Report Abuse
I admire my father from been very wise. He knew from the start what career me and my siblings should pursue for wealth and prosperity of course happiness. He also knew what each of us are capable of, he studied each of our IQ in school, constantly talked to teachers for feedbacks. He encourage all of us to participate in school curriculums be it in sports and associations. He never fail to ask us about our sports activities and our roles in school associations. Too many parents only concern about getting A's in examinations but fail to understand that to be complete individuals,70% of our daily lives are mostly social activities and you cant measure it with A's. My father also discourage us to pursue studies which he consider commercially available but professions void such as business studies, arts degree and finance. There's huge demand for workforce in oil and gas, civil works, shipping, energy firms etc. The main problem with most of courses offered by private and public universities are not relevant to these high demand and high pay works. Most parents unfortunately don't spend time to understand their children abilities and career suited for them. And typically, most parents and eventually their children blame government for their own failure. Thank you.
2014-05-10 01:39 | Report Abuse
From feedback that I got from my remisier and friends, most expect some fall. However, if majority expect a fall, it may not materialize. Furthermore announcement of EKVE will be made very soon. Thank you.
2014-05-10 01:28 | Report Abuse
Let's wait for the announcement of EKVE this month latest by next week or week after. Thank you.
2014-05-10 01:02 | Report Abuse
It took me quite sometime to be his client. He is very selective, highly recommend by friends. If I don't trust my remisier, I wont be making good returns Steelheart. Thank you.
2014-05-09 20:56 | Report Abuse
Would like to note here that AZRB has successfully raise 100 millions from recent right issue. These 100 millions will be immediately use for soon to be announced East Klang Valley Expressway (EKVE) project and also the International Islamic University Malaysia (IIUM) Teaching Hospital project. The par value reduction undertaken is to write off losses from one of its subsidiary. My remisier was fortunate to be close to AZRB directors and informed of today pressdown for cronies to buy cheaper before making further push once new shares are listed. Thank you.
2014-05-09 18:11 | Report Abuse
I bought into Azrb today as encouraging news that new elevated highway will be commencing soon. My remisier noted that price was purposely depress today to make way for some cronies into buying cheap today. Thank you.
2014-05-09 17:34 | Report Abuse
I was quite surprise with some negative reviews here. However, I believe they are misinformed regarding SIS and the benefit of Esos to moral of Bright staff. Let''s hope market will reflect the positive changes in Bright. Thank you.
2014-05-06 23:40 | Report Abuse
Reading the coming egm for SIS, i am very optimistic that employees especially reapointed Yap Kok Eng will work much harder for Bright given much appreciation for their staff compare to previous management. Thank you
2014-05-04 23:02 | Report Abuse
Unfortunately CKInvest, not many parents are aware what career they children should pursue. I am fortunate enough as my father knew oil and gas will guarantee me promising future. Unlike most of my peers, I already enjoy high salary upon completion of my studies. Parents play central role in shaping the future of their children. Thank you.
2014-05-04 22:21 | Report Abuse
Feedback from my friends anomalously suggested , MFCB should instead entice investors using special dividend. Appreciate your views on this. Thank you.
2014-05-04 20:45 | Report Abuse
As in previous successful investment in Ecofirs and Asiapac, I usually filter my investment through high recommendation from my remisier and friends. I believe Bright has been overlook by investors at the moment. Thank you.
2014-05-04 20:42 | Report Abuse
Appreciate your feedback HC Lee. I believe you also invested in Bright like me. Regard to SIS, Esos cannot be abuse as proxy as it is highly regulated by SC and all transaction will be transparent to avoid abuse. I would like to highlight that executive director Yap Kok Eng has been reappointed into his position. And I would like to highlight that past 2 quarters has shown tremendous improvement. Thank you.
Stock: [GENM]: GENTING MALAYSIA BERHAD
2019-12-13 18:46 | Report Abuse
I came back 2 weeks ago for a month long holiday. It's been almost a year since i came back to Malaysia. I gave my remisier a call last monday and asked him to recomend me a good stock to buy and hold for a year. He suggested that i buy Genm. But i heard so many negative reports about Genm and told him of my reservation. He enlighted me that few of the negative reports already been addressed by Genm. Empire Resort located in New York for example has reported potential negatives from the acquisition of Empire should be less profound than initially anticipated and should be profitable by next year as it already reported profit on third quarter of this year. Beside that, Genm outdoor theme park will be operational by mind of next year after settlement of dispute with Fox. I have instructed my remisier to buy over 3 million worth since wednesday. Do you think Genm is worth 4.00 as recomended by my remisier?