UncleFollower

UncleFollower | Joined since 2019-08-15

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3 days ago | Report Abuse

Whether or not it's going to be profitable, you have to agree that it's immaterial

Confirmation alone will drive the share price up like there's no tomorrow

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3 days ago | Report Abuse

The JV w Foxconn to build the wafer fab plant in Negeri

Proposal submitted in Aug'23

It's hard to understand what's going on, why the delay

Shouldn't Tengku Zaf and the administration be very eager to bring in a big name like Foxconn, and this relates to semicon and EV for them so all the trending themes...

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2 weeks ago | Report Abuse

Take Ang Pow and come back another time. Okla 13% in 3 weeks huat

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2 weeks ago | Report Abuse

Insas is No. 1 in terms of stock forum comments: stock turnover ratio

Happy CNY everybody

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1 month ago | Report Abuse

11th Jan onwards volume came in. 无风不起浪. The last time it moved and petered out was back in 11/11/21. A sad day for believers. This round hopefully more people see the value and go like YTL



无风不起浪,洞察不寻常

在现阶段巩固,蓄势待发 ?

1 minute ago

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1 month ago | Report Abuse

Ok sell all BJLand 1-for-1 swap to Insas-WC

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1 month ago | Report Abuse

When the warrants's turnover persistently > mother share's hmmmmmm

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1 month ago | Report Abuse

Believers should be grateful for Clariden's selling. The earnings turnaround is quite remarkable, it's not a difficult bet, a little bit of patience should pay handsomely. Low risk low return la

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1 month ago | Report Abuse

CEO achieved what they want. No more volatility...no more hibiscus to trade, now catered for warren buffett investors, own forever, byebye Hibi

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1 month ago | Report Abuse

Those that went up a lot kena bomb. DNEX...been sleeping for the whole time also kena bomb 😂 but no bomb no chance, finally i have DNEX, must have some exciting counter that isn't too awful fundamentally to add some flavour to portfolio la

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1 month ago | Report Abuse

Bloodbath today didnt really affect Knusford. For this to come down to a point it hurts us, say 50-60c, one of the existing big shareholders have to sell. Otherwise there is simply no shares for sale. And if it comes down to that point, if we believe in LKH's merger plans, no reason not to double down 😌

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1 month ago | Report Abuse

Bought today...now just cross finger, no human slavery issue, no dyson cut contract issue then we will be ok

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1 month ago | Report Abuse

The good thing is it didn't go down today so it's a good swap to others which tanked terribly 😂

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1 month ago | Report Abuse

Moved my Q down today, all matched at 0.760, 0.755 overnight queue not matched haihz. This one, buy w no fear...

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1 month ago | Report Abuse

Zetrix is >$11.

MYEG's plan was to issue 200M tokens annually for the next 5 years so long as Zetrix is >$5

200M x US$5 = US$1B

The figure is insane, and looks so fake becasue it isn't reflected in current valuation

I think it takes a few more quarters for results to show and convince the market Zetrix is not a toy...

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1 month ago | Report Abuse

MoonStalker has a point on beware the market...but no point on debt loan 🤣 MYEG has one of the strongest balance sheet on Bursa, what debt loan issue 😅

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1 month ago | Report Abuse

MoonStalker has a point, timing of the pump yesterday coincided w penny stocks crash...which then dragged down the big movers and even blue chips. Unbreakable for 6 months, will it break 78c and then to 75c? The thing w MYEG is...at 75c, unless we have margin to the tilt, there's no worry, just buy more and be patient

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1 month ago | Report Abuse

Hmm .375 matched, again.

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1 month ago | Report Abuse

@soon let's hope so. For this one whatever I put in I am ready to lock it up until merger completion. Right now the liquidity is such that it will suck up our money lol, once buy don't think of selling just yet. Want to trade go back to Ekovest not this one

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1 month ago | Report Abuse

Let's send a thank you note to LTAT and Mat Hassan for protecting minority shareholder rights 👍

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1 month ago | Report Abuse

@mf if you still have profit to take you have been very patient lor 🤣

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1 month ago | Report Abuse

You must give credit to OTB in identifying value and summarising it for the uninitiated...whether or not the market recognises and gives it the due value is beyond his control

Duke highway 5B? If you include Duke 123 10B la



Squirtle

Otb buy call
Say Duke highway RM5b worth
Confirm ah

29 minutes ago

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1 month ago | Report Abuse

Simple calculation for Knusford as follows

Knusford net assets is around 220M or 2.20/ share.

The share split will increase total issued and paid-up shares to circa 365M from 99M.

It will then issue 750M shares to Ekovest and bring shares outstanding to 1.115B with new net assets value of 669M or pegged to 60c/ share.

If we buy at 95c today, our average cost after share split is around 26c. From here you can run simple projections...of course if it trades at 60c we make more than double. If it trades at around 30c or 50% discount to NAV, it's still 15% above our average cost (at 95c today). It'll be quite a failure if the new 450M acquisiton trades at 50% discount upon completion.

The problem with this counter will always be the liquidity discount. Even with new shares outstanding 1.115B, shareholding structure has not changed, a lot of it will be in the hands of controlling shareholders. We shall see what Ekovest does with the shares.

There is immense upside for new Knusford in that it could trade above NAV given Tunku Ismail's ownership & the ongoing Iskandar theme. Any new contracts will be huge relative to Knusford's existing market cap.

Currently details lacking, above speculation only

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1 month ago | Report Abuse

For 6 months MYEG showed an unbreakable low at around 78c. This strong bounce is very much welcomed, I believe we have bought enough.

Sailang's TP is realistic. MYEG has been moving like Yinson, but with but usually with 20x the volume lol. Both are immensely profitable but technically weak, wait for breakout 🤞

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1 month ago | Report Abuse

Even at last closing of 92c the entire company is only valued at less than 92M. This means at 92c the outstanding 10% shares is worth less than 10M and among us we would have taken up a few million at least.

Profits aside I am now very curious what's going to happen next. Will sellers continue to sell ahead of share split? When will sellers be exhausted? There's really not much left

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1 month ago | Report Abuse

This is a very small counter. As at 30/6/23, the Top 30 collectively holds 89.15%. I am not sure who will be selling given the impending exercise. To begin with...the people who owned Knusford back then, do not appear to me as active traders. Who could have seen value before the exercise?

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1 month ago | Report Abuse

I certainly played my part in pushing it above 90cents, let's Ong together otherwise I die first 🤣

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1 month ago | Report Abuse

Moving. Net Cash/ Share 0.680

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1 month ago | Report Abuse

but no catalyst to sailang la 😂

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1 month ago | Report Abuse

sailang I think if index keep going up and everything else keep going up, this one will succumb to upside pressure as well and break out abruptly

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1 month ago | Report Abuse

This counter...I can't make money, s3upid i know lol. When it broke below 76.5c I ran without hesitation and swapped all to Ekovest. Had I held back, this one did better than Ekovest. Even then I knew it was wrong to sell, but couldn't overcome the fear on valuations for this counter

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1 month ago | Report Abuse

Oh no. Sold everything at 60c 😂 Looks like I will be forced to buy back at 66c? Goodluck guys this has been a very very very good ride, thank youuuuuuuu

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1 month ago | Report Abuse

Permutation, it's bullish, they sold before it went up or, it went up despite their selling - Bullish 👌

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1 month ago | Report Abuse

For a counter of this size Yinson's volume has always been low. Low when it rises, low when it falls.

Management please try to address this issue...look at YTL now, and as always MYEG.

If only Yinson has this kind of volume it should easily hit analyst TPs 😃

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1 month ago | Report Abuse

Yinson staging 2nd attempt now. Breaking 2.59 will be very bullish?

Anyway, with property construction and YTL run, they should lend us patience to wait on this sleeping giant




OTB

The share price of Yinson must close higher than 2.50 which is the 200-day SMA.
20-week EMA is at 2.47.
Weekly MACD is a buy signal now.
TA is still weak.
Thank you.

1 week ago

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1 month ago | Report Abuse

Turning point was when our beloved new Agong spoke. Daulat Tuanku 😂

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1 month ago | Report Abuse

Melting up for distribution

Still, beautifulllll

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2 months ago | Report Abuse

Yinson and KLSE have been sluggish for so long it's hard to believe, but the stars are aligned

Still very early, but for a long time now, it will be nice to see a confirmation of breakout and a sustained new uptrend

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2 months ago | Report Abuse

This would sound ridiculous and disillusionary but why do I see a super large pennant starting from mid-Apr till now 😂😂😂

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2 months ago | Report Abuse

To quote Mr Koon Yew Yin: I am obliged to inform you that I am heavily invested in Yinson which is a multi-B company and do not need you to buy to support the price 🤣🤣🤣

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2 months ago | Report Abuse

If Yinson tumbled because of endless rate hike fears, this is it

Increasing volume and BQ becoming fatter

I don't usually like breakout trades but chart wise, the stars are aligned. We just need a little nudge from anywhere and the tide could turn

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2 months ago | Report Abuse

Choivo

Correct, as you said, 6x gearing for 10% premium at today's price. I'll take it lol

Results due tomorrow, mother share movement indicates no surprises...warrants...low liquidity causes this volatility

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2 months ago | Report Abuse

Well, for other counters, news like this is big news. For Yinson apparently not much of an event. I think it's a meaningful plus - vouch of confidence by the banks and cashflow wise. Yinson's business is much bigger than its market cap. Reminds me of MMC...

https://theedgemalaysia.com/node/693546

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2 months ago | Report Abuse

Daulat Tuanku.

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2 months ago | Report Abuse

Yeah you're right jackson, forget what I said about small market cap, it's always misleading to amateurs like myself 😂

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2 months ago | Report Abuse

HSR will benefit Iskandar landowner more than the contractor who will build HSR. Having that said HSR revived, landowner contractors developers heck even retail sector will rise

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2 months ago | Report Abuse

I don't know about you but looking at the facts, this counter can allocate some funds and see how it goes. Never blame the sharks...thank them for giving us the opportunity to buy more at or below recent placement price

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2 months ago | Report Abuse

Don't forget how Ekovest shares collapsed when HSR was terminated. Therefore with Johor Sultan's blessings, the reverse could be true