TreeTopView

TreeTopView | Joined since 2020-09-28

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Stock

2022-10-25 12:14 | Report Abuse

Thank you, skoh.

Stock

2022-10-25 11:52 | Report Abuse

lol......ah Tony, you missed you true vocation in life as an evangelist :) . No offence intended of inferred, merely mentioning it as you said similar a few months ago. In essence, I agree with your thinking.......however........when a new poster joins i3 and states in his first post:

"run before it is too late. This stock is over-valued, will crash down soon to 50 sen or below "

Then subsequently starts claiming fraud, then no matter how much of a caring and nice guy I am, I feel the need to respond appropriately.

I hope you understand my point of view and have a great day.

Stock

2022-10-25 11:20 | Report Abuse

dragon323, you are wasting your breath giving any sort of facts to this "new" poster, as he just doesn't listen.
He claims fraud, then expects others on the thread to counter his allegations.......unbelievable!!!

If he had started posting on this thread and was asking for help to research the company then I would have gladly given my opinion, however when you commence posting and claim fraud and start using figures from the quarterlies to invent defamatory statements, then, quite frankly, I will not entertain him.

Since joining a few days ago he's managed to post 31 comments on Perak Transit, all negative, some derogatory and possibly libellous. And not a single post on any other company, so it's no wonder that I may think there is an agenda or motive here.

Anyway, let's move on, I won't be making any more posts replying to his misinformed garbage.

Stock

2022-10-25 09:03 | Report Abuse

Oh, and before I forget, @darwin.
You made a comment in your drivel that I "attack" anyone who is negative about this company. I'd like you to show where I have ever done that.

The FACT is I lambasted one poster who continually ramped the stock with comments about it "going to the moon" and other similar nonsense.

If I lambasted a ramper, doesn't that make your theory about me being a promoter wanting to "take people to Holland" rather ridiculous and redundant.

A bit like most of your comments, I guess.

Stock

2022-10-25 07:56 | Report Abuse

darwin, I've just re read your current offering of steaming cow dung and it is crystal clear that you don't have a clue about this company!

I could spend over an hour addressing each and every statement you made but I doubt it would be worth it, as it appears to me that you have some dubious agenda to berate this company. Either that, or you really have absolutely no idea of what you are talking about.

You state that I am a ramper/promoter of ths stock.....but in the same breath say I don't hold any shares in this company. Wow!
I made it very clear early this year that I was a buyer between 55 cents and 60.5 cents. FACT. I'm on record in here stating that fact. As for your comment that I am a promoter, well if the fact that I have called it with technical charting from 55 to 92.5 is promoting this stock, then it must be true........however, it therefore means that anyone on this site who uses technical charting on any stock is a promoter with dubious motives. Even when it rose to 65 cents I cautioned readers to look for a pullback to 60 cents as a buy in point. Surprise surprise, it followed that technical retrace!! For the record, technically it's current target points are 92.5 and 97.5 if it remains in an uptrend.

As for your comments on the Bidor Terminal Project cost, it clearly shows you know absolutely NOTHING about the projects. Have you seen the building plans of that project? Is it just a bus terminal?

It's like saying the Kampar Terminal project is just a bus terminal. Have you seen what they own there in that project? Are you aware there is a hotel, cinema, bowling alley, gym, shops, offices? Of course you don't know that.....because you have no idea what each project entails.

As for your comment about the Sukuk Loan, you keep saying it's Rm400 Million......no, it's Rm500 Million.

I could go on and on commenting about your bullshit.........but why should I bother.

Get the picture now? So, trot along and go and play with the buses.

Stock

2022-10-25 07:13 | Report Abuse

" TreeTopView, what you could do was just to be-rate my comments? You are not able to come out with a single good argument to defend the stock, absolutely NOTHING!!!!!! "

I addressed all your bullshit earlier this year/.......remember?

Stock

2022-10-23 13:52 | Report Abuse

darwin999, I am sure you realise you are treading on very dangerous ground when in infer possible fraud and liken your research, I use that term very loosely, to a company such as Serba D.
Interestingly, although you infer possible fraudulent actions by the company, your final comment is....."It may still be a good company and I will take a re-look at it again when the share price slides towards 50 sen."

That comment is as bizarre as the many other statements you have made in your TWENTY ONE derogatory posts in two days on Perak Transit, the only company you have commented on since joining 3 days ago. Some people may believe you have an agenda and motive to be so frantic to post so may totally negative comments, some may even consider them potentially actionable.

Can you explain the need to change username and bring up the same derogatory comments that were made and addressed earlier this year on this thread?

Much of your commentary relies on taking figures from quarterly reports........which is a GOOD thing........however where you fall down badly is when you attempt to extrapolate those figures and compartmentalise those onto your own thought bubbles, leading you to make false conclusions. I'd advise that anytime you have misgivings or confusion about certain issues, then the obvious option is to call the company and ask for an explanation before you start using your imagination.

A simple example of that is your comment......"no mention of how much total capex Ptrans will spend on building the Bidor bus terminal which is scheduled to be completed in 2H 2023, but capex spent as of 30 Jun 2022 has already shot past RM133 million."

Oh really? You don't know what the Capex is for the Bidor Terminal? With all the research you have supposedly done? Come on, surely you can do better than that. I'd be more than happy to tell you.........but you deserve to learn a bit more about the company, so go and look for it, it's not difficult. There is also more than one ongoing project active during the last quarter, so don't go jumping to the same conclusions again that it was all allocated in the recent quarterly for Bidor Sentral.

As to your absolutely bizarre comment that I have not mentioned Perak Tansit's increasing debt, well, to be totally frank, you'd have to have the intellect of an ant to not realise that developing major projects either requires debt or cash and as you no doubt know the majority of companies tend to use geared debt for their development. Hence , Perak Transit's RM500 Million Sukuk Program facility.

I could go on berating more of your commentary, however the sun is shining and I'm in weekend mode, so have much more enjoyable things to do with my time than to carry on correcting your misinformed drivel.

Please feel free to advise me and the o0ther readers as to why you changed username and what the particular motive is to use that new identity to berate and defame Perak Transit. I'm sure we will all be interested.

Goodbye.




Stock

2022-10-21 17:34 | Report Abuse

You state......"This time for Ptrans, Public Invest was taking a pre-emptive move to cease coverage on Ptrans while its share price was mysteriously pushed up to year high."

Factually incorrect yet again. Public Invest ceased coverage on the 16th April 2022 when the price was 61.5 cents. Current price is 90 cents, therefore your "year high" comment is invalid, or a blatant lie

You state....." Public Invest might not know what would happen inside the company but obviously sensed something wrong and decided to drop its coverage."

Public Invest ceased coverage citing "We are ceasing coverage on Perak Transit Berhad (PTB) due to limited re rating catalyst, with expected developments accounted for and priced in while we redeploying resources to widen stock coverage.". Their words, not yours or mine.

Perak Transit is now covered by AmInvest.

You might be wearing a new hat but your rhetoric is painfully inadequate.

Stock

2022-10-20 13:03 | Report Abuse

prudentinvestor, I assume that you have considered the various options/parties that the new government may consist of?
I have envisaged at least three options.............and none of them fill me with any level of confidence in regards to stability.

Stock

2022-10-20 10:52 | Report Abuse

"probably heralding the return of political stability"

That fantasy is even more fanciful than me having my own personal harem filled with exotic beauties from around the world.

Stock

2022-10-10 09:09 | Report Abuse

Add to that, @Prudentinvestor, a PE in the low 9's.....around 9.2.
I was convinced that RHB would be solidly into the Rm6's this year but it is still proving me wrong, apart from a brief visit there earlier this year.

We can probably blame the overall market on its lower price, however I still believe this is an ideal investment stock to hold at current prices for its dividend and eventual capital growth.

Stock

2022-10-08 15:45 | Report Abuse

"The curfew had been lifted and the gamblin' wheel shut down,
Anyone who had any sense has already left town."

Stock

2022-10-08 14:25 | Report Abuse

KimSua, I've read most of the transcript of yesterday's budget, although I must confess that I gave in about three quarters of the way through as I started to lose the will to live.

I couldn't see any direct mention of electricity subsidies, apart from a statement about Rm40 still being given to the hardcore poor to help pay their electricity bills. So for now anyway, it appears we'll have to wait and see wht direction the subsidies will take. Personally I prefer the "user pays" method where the company charges it's customers based on a prescribed business model and consumption usage.

I'll probably get slaughtered in here for saying that :)

Stock

2022-10-08 12:59 | Report Abuse

Volume of only 1.6 million on Friday, resulting in a price drop of 2.5%.
Only 800 shares shorted on the day.
Whether it's individual stocks or the overall market, the sentiment of Bursa is woeful

I can guarantee that the price will either go up, down or trade sideways :)

Stock

2022-10-08 10:47 | Report Abuse

Pinky, I totally agree with you about this poster. Even if the oil price is only up by 20 or 50 cents he feels the need to post on every oil related thread. Today it's 26 posts all saying the same thing, taking up way too much space on the main Forum page. It really grinds my gonads !! :)

Rant over :)

Stock

2022-10-06 10:14 | Report Abuse

@yfchong, I agree that below Rm6 would be a far safer entry point.
The next question would be where, high,mid or low Rm5's?

The upcoming quarterly results could finally take the price below Rm6.............although I think it should be down there already :)

Good luck.

Stock

2022-10-05 16:28 | Report Abuse

More gloom for Bursa Bhd.

"Bursa’s average daily trading volume (ADV) appears to be trailing at RM1.62 billion in the third quarter of 2022 (3Q22), compared to RM2.1 billion in 2Q22, and RM2.89 billion in 3Q21, said Kenanga Research. “This comes close to our expected ADV for the period at RM1.55 billion,” it said in a note on Wednesday (Oct 5)."

That's a 20% drop from the previous quarter, so it'll be interesting to see what the EPS is for the quarter to be reported late this month.

Going below Rm6 in becoming more of a reality, imo.

Stock

2022-10-03 15:52 | Report Abuse

Unfortunately your Step 3 doesn't hold water, as there has been very minimal shorting of Tenaga in recent weeks, in fact covering of shorts has been the order of the day.

Something that also puzzles me is the relatively low volume going through each day as the price falls.

Stock

2022-09-30 18:07 | Report Abuse

And again, three days in a row. Nice to see his confidence in the company.
DATO' CHEONG PEAK SOOI (a company director) acquired 1,308,900 shares at 0.867 on 30-Sep-2022..

Stock

2022-09-29 18:34 | Report Abuse

DATO' CHEONG PEAK SOOI (a company director) acquired 338,500 shares at 0.874 on 29-Sep-2022..
Another on market purchase today.

Stock

2022-09-29 07:28 | Report Abuse

DATO' CHEONG PEAK SOOI (a company director) acquired 1,574,000 shares at 0.866 on 28-Sep-2022.
On market purchase.

Stock

2022-09-28 08:43 | Report Abuse

Short covering is still going on in Tenaga, with a tad over 1.1 million shares covered in the last three trading days, to COB on Monday 26th September.
It now brings down the short percentage to 0.10%.

Stock

2022-09-26 18:16 | Report Abuse

https://klse.i3investor.com/web/announcement/detail/1722175

The Board of Directors of Perak Transit Berhad (“PTRANS” or the “Company”) wishes to announce that CKS Bumi Sdn Bhd, CKS Labur Sdn Bhd, Star Kensington Sdn Bhd and The Combined Bus Services Sdn Bhd, all subsidiary companies of the Company, (“PTRANS Subsidiaries”), have on 26 September 2022 separately entered into a Supply Agreement for Renewable Energy (collectively referred to as the “Agreements”) between Tenaga Nasional Berhad (“TNB”) and GSPARX Sdn Bhd to install solar photovoltaic (“Solar PV”) energy generating system with total installed capacity of 422 kWp at the designated site of the premises of PTRANS Subsidiaries.

Stock

2022-09-25 09:39 | Report Abuse

KimSua, is it a sign of surrender once you start using these boys?.....lol

Stock

2022-09-24 09:37 | Report Abuse

@thesteward, I'm not too sure what you are expecting in a weak market, miracles generally only appear in religious writings.

Last week the KLCI closed at 1,467 and this week it has closed at 1,424, so a 43 point drop for the week. Add to that, RHB still hasn't given details of the Ex Date and DRP yet, so it's not really surprising that RHB has been lacklustre this week.
It's down 1 cent from last week's close, week on week, hardly anything to get your knickers in a knot about.

Stock

2022-09-24 09:22 | Report Abuse

KimSua, it's a tough call to make right now about the Dow and the overall US and global markets, if it wasn't for a 350 point rally in the last hour of Friday's trading it would have closed considerably uglier.
The US interest rate hikes seem to still be on the agenda for at least the foreseeable future so even a minor upward move in their market will probably be met with more volatility. Even taking a glance at the 3 year Dow chart gives me even more concerns.

How the above comments translate to our Malaysian market is hard to gauge, well for me anyway. Sentiment is always a good indicator of how the market will perform, so I'm not taking any comfort in thinking the KLCI will do anything to break the trend or sentiment. Current "underpriced" blue chips may remain that way for some time to come unless sentiment changes, although that doesn't sound doable.

I was bullish on the banks earlier this year but that hasn't played out as strongly as I'd anticipated, although the dividends and a mild upward price move have made them a reasonable investment, to date

My keyword for the short term and through to at least mid 2023 (fpr now) is volatility.....so be prepared :)

My personal view of the Malaysian economy isn't too inspiring either. The changes that the Government should have made in subsidies should have been in place by now but the delay, in my opinion, is merely due to the elections. The "unbiased" (ho ho ho) Finance Minister is eager to remove many subsidies, mainly power and fuel, but is delaying that until after the election. Once the majority of those subsidies are removed then we have yet another new game in the Malaysian economy........and it won't be sunshine, lollipops and rainbows :)

Have a good weekend, KimSua.

Stock

2022-09-22 16:32 | Report Abuse

There is nothing wrong with this bus, LM, as long most of the passengers didn't buy overpriced tickets from dubious tourist operators.
I doubt if we'll see it speeding along the highway anytime soon , however passengers can check out the scenic views as they are driving around the principality of Liechtenstein to unload luggage once or twice a year.

:)

Stock

2022-09-22 08:22 | Report Abuse

KimSua, some people can see where this is heading but for now the majority either don't know or don't want to know. Once it hits their own pockets then all the shouting and finger pointing will commence.

Stock

2022-09-21 16:16 | Report Abuse

@calvintaneng , I am getting very fed up with updating the i3 main forum page to see you continually spewing your endless rhetoric about this company. Surely enough is enough?!

If you are so convinced about their land values why wait until recent times to start your storytelling? Why didn't you buy this stock years ago? What is so relevant about 2022 that this is such a great buy and it wasn't a few years ago? Have you bought and held this stock for the last 4 or 8 years, if not, why not? Your current "marketing" ploy would suggest that it was a great buy then as it's main attribute is the land it holds.

If the land values of this company are growing year on year, why has the share price fallen year on year over the past 8 years?

Stock

2022-09-21 12:23 | Report Abuse

@skyskysky, hopefully this week, then we may see it start to move out of the mud.

Stock

2022-09-21 10:43 | Report Abuse

@hng33, I had bids in at 5.60 and 5.62, although I wasn't too optimistic about getting many or any.
I ended up grabbing some at 5.65 this morning.

Stock

2022-09-20 11:50 | Report Abuse

Just to add to my previous post, I'd expect the details of Ex Date and the DRP pricing fairly soon........perhaps in the next few days, if last year's dates for the same dividend are any indication.

Stock

2022-09-20 11:32 | Report Abuse

@prudentinvestor, I think you are fairly close to the mark with your comment. As there is a DRP plan with this current dividend I'm expecting similar price action to the previous dividend, which also included a DRP with it.

For the record, I wasn't pleased what the "big boys" (guessing EPF as they are the major shareholder) did during the last dividend play.

As I saw it, their game plan was to move the price up from around one month prior to the Ex Dividend Date....from 5.85 up to 6.25, then once this was achieved the same players started shorting the stock about a week or two prior to the Ex Date at that higher price.

How did they cover their shorts? With some of the shares they received through the DRP.

I say this because RHB is very rarely shorted on a day to day basis but during that 2 week period prior to the Ex Date and the price had been raised to 6.25 the RHB short position SOARED to over 25 million. Not long after the DRP was allocated the Net short position in RHB completely disappeared.

Let's see if a similar scenario plays out this time once the Ex Dividend Date is announced.............the cynic in me suspects it will.

Stock

2022-09-16 09:53 | Report Abuse

"TNB collects RM1.9 bil in ICPT payment from govt"
https://www.theedgemarkets.com/article/tnb-collects-rm19-bil-icpt-payment-govt

That's a start, keep the money flowing in please.

Stock

2022-09-15 11:38 | Report Abuse

You need to buy any stock prior to ex dividend date.

General

2022-09-14 17:59 | Report Abuse

"we must also consider his contribution as previous PM! "

You can't be serious !!

Stock

2022-09-13 15:37 | Report Abuse

@sheldon, I don't want to get into this discussion too much as I don't hold the stock, however I'm bored this afternoon and saw your comment about BK not having any exposure to foreign debt.

I have to correct your statement, BK does have foreign loans , such as USD, GBP, AUD, JPY, EURO. and RMB.

Stock

2022-09-12 08:24 | Report Abuse

It might be relevant or not...........

A 3 million shares short position covering in Tenaga in the latest net short position update, up to close of business last Thursday (September 8).
It's been gradually creeping down in recent weeks, around 50k and 100k+ units each day but this is the fisrt significant amount, 3,008,000 shares.

News & Blogs

2022-09-10 17:44 | Report Abuse

It's not really the answers to the questions I asked you........not to worry.
Have a nice night.

News & Blogs

2022-09-10 14:42 | Report Abuse

Tobby, I hope you don't mind me asking but I'm very curious about how many western friends you may have. Also, how do you relate to them and do you find them decent folk or perhaps offensive.

Stock

2022-09-09 17:55 | Report Abuse

It was around the 500k+ that went through this afternoon at 90 cents. The sell side built up to 1.6+ million at one stage and is now around 1.1 million.

All good so far, have a good weekend, Tony.

Stock

2022-09-09 17:07 | Report Abuse

lol Tony....don't wet your pretty little frillies about a wall that has been there for over two weeks.
It'll be gone once it is no longer required.

General

2022-09-09 15:17 | Report Abuse

Hopefully you have your own teeth so that you don't have to eat congee for every meal.
Are you onto viagra yet?
Do you keep your glass eye in a cup by the bed at night?

Stock

2022-09-09 12:19 | Report Abuse

There's been some interest in recent days for Ptrans-WB, with higher volume and price rise.

Perhaps a precursor to the mother share making a move up?

Stock

2022-09-08 17:06 | Report Abuse

550k went through in the closing auction.

Stock

2022-09-08 13:03 | Report Abuse

Apart from one day over the last 6 trading days, September 2nd (volume 2.36 million) we have had gradually lower volumes going through with the stock sitting in a tight trading band. By the midday break today volume is sitting at just under 2 million, so hopefully that will continue throughout the afternoon. Today is the third day in a row that volume has slowly/gradually increased.
Bollinger Bands are tightening so a possible decoupling from the 87 cent area might eventuate if the higher volume continues during this afternoon and tomorrow.

Technically worth at least keeping an eye on it.

Stock

2022-09-08 12:19 | Report Abuse

Retain our OVERWEIGHT stance on the sector with top BUYs on RHB Bank (fair value RM7.40/share), CIMB Group (FV RM6.70/share) and Maybank (FV RM10.30/share). For large-cap banks, we continue to like Maybank as our top ESG pick for banks and its attractive FY23F dividend yield of 7.3%. On CIMB, our BUY call is premised on the stock’s attractive valuation, trading at 0.8x FY23F PB/V. Asset quality has improved with lower provisions while cost optimisation and recalibration of its commercial banking business in Indonesia and Thailand are showing results with improved performance. RHB Bank is another of our top picks for banks due to its valuation which remains undemanding, trading at an attractive FY23F PB/V of 0.8% and its strong capital position among peers with a CET1 ratio of 16.6%.

https://klse.i3investor.com/web/pricetarget/research/64717