":Belittling Sunview in favour of SolarV is an uncalled for comparison meant to gloat and boast you have the bigger dick!
How lame! "
OK, show me where I did that. Not once did I "belittle" Sunview. If you can show me that post I would certainly apologise but I know it's a FACT that I didn't.
Stop making up stories to support your shite.
End of story, now trot along and eff off with your lies.
I would never have any reason to delete any post I make. I stand or fall on what I say, either here or in real life.
As for you, well, you'd have to be the last person in here to preach about anyone's behaviour in i3.
ok, Sideshow Bob, hit me with more of your vomit, as I won't be responding. Go for it, you know you want to.
What the eff is this shite you are spewing?
You're either partially illiterate or dimwitted, perhaps a bit from Column A and another from Column B.
At NO STAGE over the entire weekend did any poster say anything derogatory or negative about this company. The entire debate was about the endless repetitive posts from Mr. Chon.
Personally I hope Sunview runs, as it will perhaps lift other solar companies.
Clean up your act wee Bob.
A night cap.
If the cap fits...............then what can I say, Tony?
I'll take so much before I bite....but I can smell bullshit from 100 metres away.
You know as well as I do that this character was due for a spanking. And as you add your peace and love and understanding rhetoric, please consider some of the prose you have used on posters that have gone beyond their limits on threads you inhabit.
I think you and I are on a very similar page, so let's not waste our time on debating how far the bow should be pulled back.
Have a good night, dude.
It's late Sunday afternoon and it's been hot and sunny all day in my location, all my outside chores have been done so it was time for a long cool shower then an opportune time to open a few cans of that thirst quenching golden amber liquid. Sit back and enjoy the moment scrolling through some of the i3 musings........a perfect end to the day.
While doing so, I had an epiphany, a light bulb moment!! Where had I seen that name chon99 before?
Of course.......PT Resources.........I knew I'd seen that face somewhere before, maybe down in Mexico or a picture on someone's shelf.....or in i3! My curiosity got the better of me and I had to dig a little bit deeper.
Lo and behold, what did I see?
Well, Chon99 graced the i3 forum as a new member on September 12,2022.
From September 30, 2022, when the price of PT Resources was 46 cents, our good friend chon99 decided to devote his time wisely by extolling the virtues of PT Resources with multiple posts each day, of course, all of this good work was done to assist all the members of i3 and certainly not for any personal gain. Hmmmmm..........
Moving forward to October 28, 2022, a mere 4 weeks after starting his posts on the company, when PT Resources price was now down to 39 cents, our good friend chon99 ceased his multiple posts on this "excellent investment company". In fact I believe that was his final PT Resources post, apart from one rather none interest post.
Surely nothing had changed in 4 weeks? An "excellent investment opportunity" surely has more merit than a mere 4 weeks period.
After that, PT Resources actually had a bit of a run to mid and high 60's in December 2022......gulp.......where was chon99?
I am 100% convinced that if he had still held shares in the company, everyone on i3 would have heard about it from him with multiple daily posts, shouting from the rooftops. Alas, silence is golden~~
Now, does anyone see any similarity to the current chon99 posts on Sunview?
No need to answer, as the question was purely rhetorical.
The modus operandi is crystal clear, amateurish and frankly, rather pitiful.
Good morning, Mr. Chon. So many questions to answer on a Sunday morning, thanks for sparking up my brain this early.
You asked......"May be you can give us an analysis of Sunview and Solarvest later so that our investors in this forum can have a better understanding ? "
Answer: Nope. As you have clearly stated, you are new to the market and have a lot to learn. Kudos to you for finally admitting that fact. Now, in order for you to learn you need to do some work.....agree? So, I can give you a rough timeline to when me and a few others debated the pros and cons of Solarvest in i3. It would have started around September or October 2020, where there was about 4 genuinely interested posters of Solarvest wrote and debated the stock. That's a good place for you to start your learning process. Disregard anything in the Solarvest thread after February2021, as that was when the stock was hot and all the new "expert" loonies joined in with their ramping nonsense. Enjoy the read and the learning experience.
Next, you asked........"1) Do you think 'one day ' SUNVIEW would not rise above RM1.00. ? "
Answer: Yes, it's possible. Although putting a timing on it is currently impossible, to me anyway. There would be various factors and aligning of the stars for that to happen, if you know what I mean.
Next, you asked...."2,) Do you think ' one day ' SUNVIEW would not issue free warrants ? "
Answer: Same answer as the previous question.
Next, you stated....."Please don't give a bias view on the stock of the similar nature !"
My comment: At no stage in this interaction have I stated a positive or negative opinion of Sunview. At no stage have I stated a positive or negative opinion of Solarvest. I answered a comment of yours where you asked which company I preferred.......my response to that was than I CURRENTLY prefer Solarvest. Absolutely no bias in that response, imo.
Next, you asked......"3) Do you think 'one day 'SUNVIEW would not give bonus issues ?"
Answer: I think your question is wrongly worded, just like the previous two questions. Perhaps you meant to say....."Do you think one day Sunview will give a Bonus Issue?" Is that what you were attempting to say? If so, then of course it is a possibility but you would have to ask the Company and their Market Advisors.
I think I have covered all your questions and I'd suggest this is where we draw the interaction to a close.
I hope you enjoy your research into the solar industry and the associated listed companies. It will be far more lucrative to you than doing your regular copy and paste of articles that are one year and longer out of date.
All the best.
Dinner time....bye Chon.
At this point in time, Solarvest is more appealing to me than Sumview, imo. To answer your question.
I'd love to tell you, Chon, as I actually hold some Solarvest shares from late 2020.
It was one of my biggest gainers in early 2021, Rm1.20 to Rm3.00. Sold 80% of my holding, as it gained too much and too quickly, hence my selling. Also able to pick up the bonus issue and free warrants. It was a hoot.
Currently hold my 1.20 purchases, which in real time are at a cost of 80 cents because of the bonus issue.
ps. All of the above can be confirmed in i3 forum, as I was a poster in the company at the time. That might be a good place to start your journey into the solar industry, as there were a few good posters back then.
I retain a small holding in the mother and Warrants.
Anything else you need to know about my finances?
You'll probably get more relevant information from the back of a Corn Flakes box.
Tony. keep your hands off my golf course!!!
I'll give up some things but NOT my red wine, beer, malt whisky.......and the golf course!!
How dare you :)
As for Chon....well, I think you know.....a bit new and naive.
Solarvest has an order book of circa Rm600 Million. Does that it make it better or worse than Sunview?
The same can be said for ANY listed solar energy company, Chon.
I'm sure you realise that there are also many unlisted solar energy companies. Sunview is not Robinson Crusoe.
Chon, can I make an assumption? I suspect that you are a relatively new player in the market......yes/no?
If the answer is yes (which I suspect it is), then I strongly suggest that you use your time devoted to the market much more wisely. Nothing you post in here will have any effect on your current holding in Sunview, whether it's posting a glossary of the CEO or a Paris Agreement. Frankly nobody in here cares and they are certainly not going to buy on your recommendations. Sorry if that sounds cruel, but it is a fact.
Companies at this level are a bit like sex toys, pulled out when the players are in the mood. Any substantial price rise will be dictated by far bigger players who decide when it's time to hit the on/off switch. That time usually coincides with the perceived positive news from the company or a general positive vibe given by management. That gives the players something tangible to start the ramp, whether it is of any substance or not.
Eventually the toy gets turned off and gets put into the drawer for the next time.
Call me a cynic....but I've been doing this for over 20 years, mostly in countries that are considered far more sophisticated than the Malaysian market. The truth is those supposed sophisticated markets are still filled with liars, cheats and con men, just like here. I could write a book about some of the antics I was asked to be involved in over the years, especially in the early 2000's, thankfully I was brought up to have a conscience.
Anyway, something for you to consider.
Hold your money tight in your fist, as nobody else will.
lol, it's as if you have just discovered the wheel!
How long do you think this has been going on.....a few weeks? Or since you bought Sunview shares?
"Malaysia is one of the parties who signed the Paris Agreement ".
Yes but they didn't realise the Agreement was about climate change.
They thought it was to confirm a regular supply agreement of croissants.
It was a toss up between doing a morning of gardening, or having a lazy breakfast and looking at some charts........thankfully my brain chose the easier option :).
So, I'll do some word doodling on my thoughts on the KLCI and perhaps a bit on Tenaga. Don't yawn, guys, I'm only trying to entertain myself :)
Firstly, the KLCI.........yet another lacklustre week with the previous Friday's close of 1,456 and yesterday's close (Friday) of 1,453. Not a lot to get excited about there, although there was a period of mild concern on Wednesday. I'd targetted 1,440- 1,445 as a bit of a danger area and didn't want to see the KLCI close below 1,440. When it hit an intraday low of 1,444 my immediate concern was that a breakdown could possibly lead to an eventual drop to 1,420.
Thankfully it bounced and finished on Wednesday at 1,450, and since then it has ever so slightly eased up.
If I was to use my gut feeling (a new technical term :) ), I'd say the 1,440- 1,445 will hold and not be broken. I've really got nothing tangible to make that claim, other than my own personal sentiment. A break below 1,440 is probably not out of the question and a new target of 1,420 would come into play......but for now I'm betting against that happening, particularly now that many companies have just delivered their quarterlies and we know the good and bad to take notice of.
The KLCI currently needs a catalyst to give it some momentum and I'm not too sure where that will come from yet. Whether the "some companies are oversold in the KLCI" mantra will work to engage new buyers is yet to be seen, although it is a good reason for the likes of EPF and other Fund managers to give some of the KLCI components a bit of a tickle.
Onto Tenaga.........it's probably fair to say (obvious) that the quarterly wasn't received well by some. To me, some of the perceived positives and negatives are probably up for debate but we'd probably end up going round in circles if we were to try.
The bottom line is that the price fell once it was released, no argument there. What has been a surprise is the total lack of new shorts, keeping in mind that it was trading recently at 9.90 to 10.00. It seems odd that the Funds didn't use those price points as an area to batter the stock. It didn't happen and I view that as a plus.
Fib. points were broken all the way down BUT it didn't break below 9.15 which was a minor victory, as it bounced off 9.18. The current daily trade of choice is to knock it back down on small volume in early morning trade, then consolidate, then move up towards closing. Currently sitting at 9.40, I'd like to see a break of 9.44 then a move towards our old friend 9.62 to keep any short term momentum going.
In closing, some of the charts I have looked at this morning are showing early signs of a potential upward move in the next week or two, so my leaning is towards an eventual upward move of the KLCI. How weak or strong that move could be is impossible to tell, imo.
If you've lasted this long in reading this crap, well done!! It could be worse, I could be sitting next to you in a pub and I could go on for hours...lol
Have a great weekend, Tenagers.
To him, yes, Tony :)
Tell it to your main man on Sunday and see what he thinks of your very dubious nature.
Like I said before, enough, I'm finished with your nonsense. Your motives and agendas are crystal clear to most level headed people on i3 and if you can live with that and claim that you are a good man, then so be it.
While you have your dictionary out, look up the word, integrity. It may be a concept you are unfamiliar with.
I had no choice, as I needed to address the lie that you perpetrated.
At a minimum, readers will now know the facts about the "tale of the windfall tax".
In closing, so that investors are aware of the facts, at NO TIME did KLK's Tan Sri Lee Oi Hian state that he had concerns or was aware about any introduction of a windfall tax for palm oil companies.
Others may want to cite this information as rumour, however I'd consider their motives VERY dubious and possibly actionable.
Priceless.........you of all people are teaching me about the correct use of English!!
Have you ever re read any of your blogs and the deplorable use of English you deliver?
Time for you to move on. My time interacting with you is done. You are a total waste of space, time and internet data!
What does this have to do with palm oil companies and more specifically, your comment about KLK's Tan Sri Lee Oi Hian?
Where did you hear about a windfall tax on palm oil companies, or was it a figment of your imagination?
Odd, you address my comments to you with a flood of posts, none of which address your comment about a windfall tax, which was the only question in point.
As I glanced through your flood of company extracts, I did notice the total lack of any company making statements about a bull run in palm oil prices, which seems to be your current flavour of the month.
But it appears that you know a lot more about palm oil pricing than industry players, especially the large capped companies who have a department that work full time on accessing the pricing and hedging of their palm oil production.
I am totally baffled and confused by your response to my original post, which was the summary by the KLK CEO of his thoughts on palm oil for the remainder of 2023. Keeping in mind, the CEO Tan Sri Lee Oi Hian lives and breaths the palm oil business and is one of the most highly regarded figures in the industry by his peers.
He cited his tangible reasons why he was uncertain about palm oil this year and at no stage did he even hint at the slightest concern that the government may introduce a windfall tax.
There has also been no other palm oil company CEO mention this either. I put it to you that if there had been any whispers of this happening, that the palm oil companies would be putting their lobbyists into top gear to diffuse the matter.
It appears, to me anyway, that it is only you who engaging in this windfall tax commentary.
To cite your backup reason that a previous government did it to glove companies could mean it could happen to companies such as KLK is pure folly.
Glove companies such as Top Glove and Harta were making massive quarterly profits in the regions of Rm2 Billion to RM4 Billion due to a worldwide pandemic, which has absolutely no relation to the profits of palm oil companies. To attempt to compare both industries is totally reckless, imo.
It might be advisable to stop shooting comments out from the hip on matters that should be left to the real professionals in the palm oil business, such as the very highly respected Tan Sro Lee Oi Hian.
It appears you may have missed my question, so I will repeat it.
What windfall tax are you talking about?
What windfall tax are you talking about?
Perhaps the KLK CEO's opinion may hold more weight than some others.
An extract from him in the very recent quarterly:
Current palm oil market appears to remain uncertain, influenced by trade policy changes in
both consuming and producing countries, lingering geopolitical tensions that could still impact
commodity prices and concerns on global economic performance. Notwithstanding its
discount to soybean oil, palm oil prices have eased considerably from the historically high
levels seen recently. Profitability contribution from plantation segment is expected to soften
The Group remains focused to boost productivity and improve the fresh fruit bunches and
crude palm oil (“CPO”) yield to mitigate the impact of rising costs."
Hi Deekay, correct as we are mere pawns in the bigger picture, so have to ride the waves.
One mildly interesting point, since the release of the quarterly there has been very little shorting.......48k on Tuesday and 100 shares yesterday.
Prior to that there had been very little shorting, perhaps a few days of 10k or so but they were never added to the net short position, as they were shorted and covered on the same day. For 8 trading days prior to the quarterly there was no net change to the overall short positions.
Not earth shattering news but I find it mildly interesting.
I'll be a bit happier if it breaks above 9.44 and heads to 9.62 in the short term. Ex Date should be around the 30th March, imo.
Tenaga's financial year is the same as the calendar year.
FY22 ended on December 31, 2022.
Ong Hang Ping is not reinventing the wheel. I'm sure to many readers and or investors in solar companies they would have known all this quite a few years ago.
What does his company have that differentiates it from other players in the solar energy market? I'd like to know your answer to that, as I can only see similarities and nothing exceptional about this company in comparison to its peers.
Well, if that's the case then you'd better start entertaining us :)
A tip, it will take more than your usual tut tut out of the backside sketch.
Yes, as stated by the Ministry and Tenaga Execs..
Spot on, Tony......and thanks for the backhanded compliment :)
So are we allowed to discuss with you some of the comments you have stated? If so, let's look at some of your most recent comments.....
"Touching on the subject of electricity subsidy, my view is that the government should encourage the residents in Malaysia to install the Solar Energy with one of the Solar Energy experts such as SUNVIEW , starting from small scale in order to save electricity costs."
So with "small scale" costs initially starting at Rm16k to Rm20k, how much of that should the government subsidise?
"I think the government is quite likely to encourage the residents to utilize the Solar Energy which is readily available almost the whole year except during the rainy seasons and is much cheaper comparing to the electricity."
With a small scale installation cost of around Rm20k, how long will it take to recoup the initial cost?
How many in the B40 group can afford the initial cost? How many of the B40 group live in a property suitable for solar instillation?
Likewise, the same questions might be asked of the M40 group.
I look forward to your thoughts, Mr. Chon.
I am definitely not against solar projects, however the savings are far more compelling to commercial and industrial applications, along with the associated Capex tax benefits. However, the electricity costs in Malaysia for the residential customers are far more accommodating than MANY other countries in the world, where prices are massive in comparison to Malaysia.
@BursaFollower ........you're a fast learner :)
I assume by your response that you do not have any solar panels on your property.
As you are so keen to continually promote Sunview, I'd suggest you give then a call to arrange for a representative to cll on you. Then you can advise all of us about the costs and benefits.
I look forward to the results......oh, and have a great day.
How many solar panels do you have on your roof?
How much Kw of power do they produce?
What was the total installation cost?
How much has your Tenaga monthly account reduced by?
Analysts see TNB’s receivables at peak, recommend ‘buy’ on improving cash flow.
The quarterly came out yesterday, delivering a bit of a mixed bag,
A few weeks ago I posted my thoughts on what I had hoped as a minimum from the report:
Revenue Rm160 million
Net Profit: Rm12.5 million
EPS: 1.4 cents
Declare a Final Dividend of around 1 cent
What was actually delivered in the quarterly:
Revenue: Rm165 million (good)
Net Profit: Rm11.24 Million (!Rm1.1 million below, due to increased interest costs)
EPS: 1.27 cents ( same reason as above)
Dividend: 1 cent (in line with my expectations)
Although revenue increased, the NP was lower, something that needs to be addressed fairly quickly by reducing interest costs blowout. Yet again, as in FY2022 they plan to increase Warehousing space in 2023, so that should be a sign of confidence and their ability to fill the extra planned space.
Sentiment neutral. Although it could possibly be trading at a slightly higher price than currently, I doubt we'll see much interest in the stock in the short term. I may use further price weakness to top up marginally until I see more positive signs in the price movement.
Sticking with my original plan of a 6 to 12 month horizon on this company before we see any substantial changes.
No thanks, M55555......we have already been through that cycle and I'm not keen on going back there :)
As I said buddy, it was a total headf*ck going through the report but once I started I couldn't stop. Perhaps I should have had a bottle of wine next to me as I tried to work it out !!...lol
Many will just look at the bottom line and EPS and decide that it was a poor quarterly. For me, there are just too many moving parts to say definitively that it's a fail. The ICPT payment deliveries with related interest costs and Prosperity Tax really cloud their actual performance, imo.
Anyway, let's see if it can bounce off that 9.44 Fib point, at least for the short term.
As for the technical, the 9.62 resistance/support seems to have now been blown out of the water.
A new cycle begins :)
For me, the result was not what I was hoping for this quarter. I expected a higher net profit but ICPT, extra interest payments and various tax payments have softened the end results.
The dividend is higher than I thought, around 4 cents more than my expectations.
In a word, lacklustre, but certainly not fatal.
Hi KimSua, I can understand your confusion over the top line numbers, as I was in the same position last night. I decided to dig deeper into the quarterly (BIG mistake), eventually going round in circles looking for definitive answers.
I got there in the end but it was a headf*ck tryinf to balance up numbers. There is no point in me trying to explain most of the numbers, as it will just add to the confusion. What I'll do is lift some quotes from the quarterly that address your queries.
"Performance of the current quarter (4th Quarter FY2022) against the preceding quarter (3rd
The Group reported lower profit after taxation of RM807.9 million in the current quarter as
compared to RM972.7 million in the preceding quarter, a reduction of RM164.8 million. This was
mainly due to higher operating expenses recognised in the current quarter under review."
My note: Revenue is actually marginally higher than the previous quarter. The big variance you mention is in regards to how the ICPT is reported. In the previous quarter the ICPT was included in the total revenue figure of Rm19.071 B, whereas in the current quarterly it's reported as Revenue Rm12.915 B with a separate line entry for ICPT of Rm6.397B.
Re another query you had........
"TNB has fully recovered RM5.8 billion from the Government as at the end of the financial year for
the 1H 2022 ICPT. However, the continued high fuel prices in 2H 2022 has resulted in TNB carrying
higher receivables and borrowings balances. The recovery of the receivables will be subjected to
the next ICPT cycle, in which the Government has agreed to fund the rebate and the surcharge
amounting to RM10.8 billion."
The Ex Date and Payment Date will be announced in mid March, so in just over two weeks time.
The Ex Date will be late March.
The Payment Date will be the middle of April.
A record quarterly net profit.
A record annual net profit.
If people can't see investment value here at these current prices, well move on.
A nod's as good as a wink to a blind horse.
Stock: [PTRANS]: PERAK TRANSIT BERHAD
3 weeks ago | Report Abuse
Another batch of Warrants converted today...........10,628,509.
For the regular readers and contributors to this thread and some other threads I inhabit, it's time for me to say hasta la vista to i3. I've definitely overstayed my welcome and I'm getting nothing out of this site.
For those of you who enjoy chatting with me through i3 Messenger, I'd like to continue with that contact with you guys and gals as the chats are always informative to me, so I'll remain logged into messenger but will no longer read or post any forum content.
All the best with your investments.....you all know who you are.