ha ha.... why not you and I do a off market deal , I buy from you at 60c......
that would give the market a booster injection..... ; )

I give you a scenario:-

Just imagine that you start up a transport company and you bought a fleet of buses & trucks that cause you 10 millions.

Be it a new or old transport, once you get them delivered to your door , if you decided to close shop upon delivery and return all the delivered vehicles... you will immediately stand to loose a 25~30% of your investment.
You need to give time to your employee to make good use of the asset and delivered you a good return...

Now you buy smrt because of the potential windfall from the lucrative edu business and smrt is doing every effort to expand her business to generate more revenue and bring more return to the share holder. Buying an ailing business at an excellent bargainand turn around is definitely better than buying a well established pricey asset since there are not much room to improve.

I am looking at it now is because I want to top up more at a bargain....
If you are looking at it daily just expecting it to go up, them my advise is turn off your computer and come back to look at her after a couple of months....

yes, look like it will hit the next support level.....but not sure if it would break or not....

I meant safer

I think 0.53~0.55 would be a better buy range.......

aliiman, if megb goes up sure smrt will follow suit, since anything beyond 60c for megb is an automatic gain for smrt.....

I strongly agreed with that we should look at megb stock price instead of smrt......., smrt market price it is a no brainer ; )

Cheers, aliimam

GreatE lost both in term of stock price and exchange rate....
My goodness .. there goes my non-guaranteed bonus for the life assurances that I bought with great eastern life......
Not too sure if they know what they are doing man........

Kelly:- I am also newbies who is learning hard, do not take my word for it.... take it as a reference
will do......
****************************************************************************************************************************

23% of MEGB :- 410mil shares x 0.23 x 60s = 56 millions
10% PP @60c market price:- 235 mil x 0.1 x ( 60c x 0.9 <10% disc> ) = 12.5 mil
Profit Retain base on last Q report = 36 million

Still a few millions short....

Scenario 1. Coming financial report earning could fill the gap, that would be a quantum leap in
earnings.......

Scenario 2. An additional bank loan might be needed, hopefully this is not the case.....

if scenerio 1. happen :- stock price will rebound sharply, trapped punters can take profit. ; )

If scenario 2. :- trapped punters need to join long term investors for megb to turn around ; (

Is my calculation correct ? Any Accounting Sifu can chip in some help.....

T+5.....

do not know yet @lee
the pp is not yet approve by bursa malaysia

Very low liquidity, need some bonus issue and stock splitting in 2015 .... ; )

@gauss:- ; )

AlphaTrader, I believe base on below 3 known factors , you could guesstimate the targeted PP price, would you like to share some insight with the worried fellow Smartens here

1. to buy 23% megb stock at 60c
2. Private Placement 10% of PAID-UP SHARE CAPITAL OF SMRT
3. currrent disposable cash on hand

Kelly, you are Ms Kiasu n I am Mr Kiasi , so I do not dump my money into SMRT for fun or to gamble. All investment bear some risks, equity market is a high risk investment , however, at this juncture, the journey has just begun, there is no need to start pressing on the panic button. Instead, this volatility create better chances for those who has not gotten on board to buy cheap..., but frankly, as I said in my previous post, I do not know where is the rock bottom, only the management team know, as the team is pondering on the price of pp (private placement).

Private Placement is a way, other than issuing Right Issue, for public company to collect fund from private investors to fund company's projects and expansion and usually it is at a discount from the company stock price to attract investors. This PP is to provide SMRT a fund to buy the 20+% of megb stock. Stock's rise & drop according to company performance or market sentiment, less likely due to PP unless some manipulation involve.... usually there is a tenure for PP investors to hang on to the stock before any disposal could be done. If there is none, some fast gun may capitalise on the discount to make some fast money upon listing and resulted in an immediate drop in the stock price... I believe in SMRT management in getting the right group of investor....

There is no 100% guaranteed return in equity market , unless you invest in a very well establish company but you probably end up earning dividend only but not capital gain. And at bearish market you may end up loosing a lot on paper as those well establish company are very pricey.

My advise is to stay vested , the journey has just began, you got to give the management sometime to proof the capability to perform well.
If you still feel not comfortable then reduce your portfolio to a level that you will be comfortable if she drop further.

AlphaTrader, pls correct me if I am wrong.

sit tight and buckle up , please.
Vrooooooooooooooooom

@kimkowlee, I have great return for investing into ifca, scicom and ghlsys.....
It was BV name + a fews i3 guardian angel in those counters that brought me to those counters , you see , they had help me saving lot of time in conducting the details analysis or the need to spend tons of money attending financial courses.... lol ; )

Besides having faith in his analyst team , all I need to do is just press the buy button.....

; )

@Kelly:- SMRT was once a counter for fast money, the fundament has change after smrt decided to joint venture with creador to buy over megb. The end result will either be a million of goods or a million of bads for SMRT. It is going to be a 80/20 bet with higher than 80% success rate, my personal view.

I cannot think of any internal bad factors that would failed this marriage. SMRT has the skills and experiences in education space, they have past track record in turning around Cyberjaya University of Medical College Science into a much sought after education centre. Creador is a savvy private investment entity that has great track record in multi-fold return for equity investment , Bonita / Old Town.....

The 20% risk may be due to external factors that are beyond SMRT/Creador controlled, to name one e.g.. change in gov policy in foreign students intake ..... As you can see now that they are rebranding MEGB's university to " Asia Metropolitan University " .... so I believe they already have a list of countries that they are eyeing for the new students intake to beef up the number of students in MEGB.

BV said they will need a year to turn around MEGB, that is a very bullish statement and I trust him.

Sit back and relax, by paying 60 to 70 cent a shares , you have hire a bunch of top notch educationists ; strategists and analysts working for you, where to find such a good deal...
Just imagine , would you be able to start up a university with a few 10Ks, let alone, having top notch people working in your edu centre.

You are now in the business sit back , relax , enjoy the ride..... Most likely , you have have a big fat 2016 new year to make up for your 2015 thrifty new years.,,

Cheers, Tornado

??

@John, I did not buy below 2.00.
I make up for the loss from other counters....
I will just keep this counter for long term to see how far she can go while enjoying the not so fat dividend

Kelly o' Kelly...., few months down the road you will be knocking your head and said I should have listen to smurfbee if you let go now......... ; )

Be prepare that this baby might not be at rock bottom yet, no one knows , may be only Palan & his team.....as they are pondering on the price for the pp now....

ask him to stay calm, Andre. Not good for the heart...... ; )

Thanks John. I have been holding supermx thru' the thicks and thins, at times, noises from those so call experts prevented you from buying more at a good bargain, especially when you are at a loss ....

That Kiasutrader who , couple weeks ago, revises supremx TP to 1.87 really sucks.....

It must be most fund managers'd just woke up and found that this baby is way too under values...

@Johnmasino, Cheers....

I like your strategy @gauss....
Cheers....

@John: ; D

Thanks Wange. I know what to do now.

2.1x by today.... ?

bye bye 1.xx, hello 2.xx.... see you at 3.xx

retailers are being squeeze now....... this is in preparation for the next rally ; )

2.00 coming soon ; )

back to where she belongs..... 7.50

durian will drop one days, provided management don't screw us up.... ; )

; )

; )

Existing holders of Warrants 2013/2018 who wish to be entitled to the Rights Shares under the Rights Issue with Warrants are required to submit the warrants exercise form to the Share Registrar, Megapolitan Management Services Sdn Bhd, No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur (Tel no.: 03-2284 8311) not later than 5.00 p.m. on 13 January 2015.

旺哥，明白明白。
是你的就是你的；
不是你的莫强求。

Supremx is one of my worst performance counter in my portfolio, she is finally showing some true color

@kent, I hope you made it for the conversion exercise. Good Luck

Existing holders of Warrants 2013/2018 who wish to be entitled to the Rights Shares under the Rights Issue with Warrants are required to submit the warrants exercise form to the Share Registrar, Megapolitan Management Services Sdn Bhd, No. 45-5, The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur (Tel no.: 03-2284 8311) not later than 5.00 p.m. on 13 January 2015.

Can you show us the beef please ....
The last two quarter financial report is a big flop....

My good friend once told me this " you buy it cheap, it gonna get cheaper "
Do not buy because it is cheap, there are reason for it to be cheap....., buy only provided it has reached a price that fit your investment criteria and you will not get panic even if it strikes a lower price....

don't be so shorted sighted la.....

旺哥：说得好不如说的巧 ！老哥您神机妙算，老弟我靠边站。

Jan 8, 2015 04:27 PM | Report Abuse
Tornado,
古人有言，黃金滿地，德者得之！

; )

One man's poison is another man's honey .....
I will watch carefully....

the reason for RHB/CIMB to shot up is the reason for MBSB to come down ; )

input taken AT

Frankly, I bought Tambun at 1.4~1.5 during the last correction and will be expecting a 3c dividend very soon.