Low-ish valuation, not good news



anson938

https://www.orientaldaily.com.my/news/business/2024/03/06/635528
Prolintas listing

15 hours ago

And theta zainal abidin is not the same zainal abidin that forumers are scolding lol

Can only say, thankfully most of us took the money and ran. Now we can buy again. Given its long history of disappointing us, I am not taking 32.5 cents just yet, give another 10-20% buffer (or miss it...)

The bloomberg reported US$1B pre-IPO fund raising is huge.

US$1B > 60% of present market cap

Again, given Yinson's track record (in terms of share price), it may or may not move the needle

The wait contiues, good counter, no fear, have patience

This month expect Yinson to announce all time high quarterly results.

At the same time, expect Yinson share price to either go side ways or move down lol

To be contrarian, the fact that forum comments have drastically fallen suggest bottoming process, recovery could come soon. Buy at 0.265, you get it 37% than Tong wahhhh

hng33 still holding? this round you became a nice indicator of retail fund flow days before results announcement. Go MYEG

DNEX is ok. This counter is fairly liquid, you can trade it

Short term, we see whether it touches 0.330 again. That's a strong support. If it breaks then short term traders can watch with popcorn dont act. Should it touch 0.330 and bounce back, that's a nice retest of lows. There's still the intraday low of .315 to watch out for. It'll be far more interesting even for anyone who already has shares for it to retest .330 quickly rather than go 34-35 sideways

NIISE supposed to be announced 26th March which is just a few weeks away. The way the 3 counters have been moving, they are saying DNEX is out lol. Expect a small blip if they get NIISE. To answer i3Broly, I suppose we should think DNEX, they are the largest and have credibility for already having multiple Govt contracts, IRB is a strong one albeit so small. Tun Noor's sweet smile and waving and CEO's Palestinian crusade should help the cause

In the next few months, placement expected. The classic move is to spend a few weeks to a month drive it up (but before that which is now, push it down), then placement comes and drive it up further for placement shares to be unloaded. Placement price usually forms a good psychological bottom. So if they place it out at say 38 cents, it should form a new bottom until it breaks. Granted, 38 cents would be terrible and hugely dilutive to existing shareholders. But we take what we get, better than nothing

Longer term, many unbelievable events
1) Silterra CGP arbitration resolution. Whatever the outcome it should be better than now, if we look back how much it has fallen since the uncertainty. CEO say 1Q24 will resolve. But we should get use to delays. So, long term, wait
2) Foxconn JV, plans submitted back in Aug-Sep'23. Govt so eager for FDI. What's up here? Does everyone really have to move this slowly. Consolation, at least this MOU did amount to some hope.
3) Recovery of semicon demand. Inari, AEM, etc are not doing well too. Well, all of them are consistent to say recovery is in sight 2H24. But this is what they say, it could drag on and on.
4) First oil from Ping which will double output, and eye on the spin-off oil listing they want

Fuyoh if it all hits this isn't just a 1B counter la

Risk scenario, the way the share is moving, cannot rule out a rights issue. Consolation, they have to have good reasons, it could be Foxconn JV, Silterra takeover/upgrade, Ping acquisition of new oilfield etc...all of which isn't too bad la. If we already have a lot, we can only hope they are going to issue at a higher price. If we dont have much, then whatever comes is fine, we can buy low sell high lor

So DNEX is okla. Add it and play with it

Yes but the point is what if Ekovest continues to bleed in highway operations but profit from construction? Since buying Ekovest is buying all of its business including durians. Knusford will be pure play.

Problem is we dont know what's the whole gameplan...Ekovest will own too much of Knusford, what's their next move

Volume not there yet. If today can do 50M shares and close ar 345-350, that should be quite bullish

MYEG's management is quite superb really. We can all see that they are consciously diversifying away from MY Government risk and doing so with quite a fair bit of success already. Now go other 3rd world countries provide similar services. Pride of Malaysia!

Looks quite attractive la, "quietly" gapped down and now hovering at this price give new traders chance to punt, old traders chance to average down. We all know this is a goreng stock. They dont report 600M loss I can accept already lol

Apparently no one cares about DNEX...can't find any news write up on latest results, not even the Edge lol

This result considered ok la no surprise

So happy to see Bursa have today huattttttttttttt

WTF anyone saw that preclose volume BURSA BULL IS ONnnnnnnnnnnnnnnnnn

When stocks get bashed down and then rebound without much difficulty...like Armada, LHI post results...you know we are in a bull market



Yinson warrants up dont too happy ya that's me and my small money testing, since big seller sleeping

Analyst are forecasting circa 500M net profit for FY24. I think that's a gross underestimation.......

Here you go https://research.uobkayhian.com/content_download.jsp?id=77558&h=82588a43d416a5f52e4304f2ff26063c





OrlandoOilWeb3AI

Anyone has UOB analysis report can post here?

UOB ought to be bullish going by this QR

6 hours ago

Yes Knusford will takeover Ekovest's most profitable business while Ekovest carries the baby with finance cost exceeding revenue 😱

Pitiful Zainal Abidin non-stop kena shoot by forumers 🤣🤣🤣

Can only say, thankfully it made a baby run and allowed us to substantially liquidate position. This stock too slow

1-for-1 bonus issue was in Sep'21. Adjusted for the bonus this means the current dividends declared is more than double the highest dividend ever paid. Is that right? Lazy to check through records just ripped off the data online hehe

Actually surprised that it didnt follow through the break 83. Results pretty good, new projects pretty good, management pretty good so whats up, market is saying 81 cents share price is pretty good already lol

Yinson warrants big seller still sleeping today hmmmmmm

Dear OTB, if that is what you did, it is not a mistake and in fact a shrewd move. A good trader never hestitates to acknowledge a mistake and move on. Your move to pick up YTLP at 40-80% higher than the price you first identified is now proven to be a smart move and that led to many folds of profits

@MiddleAge very creative weird logic lol

Albukhary, I think we met in BPlant and MMC. We have same taste same views lol, gluck with Knusford another round

This forum really active. Reflects how retailers really don't affect share price hahaha



Stock: [INSAS]: INSAS BHD

2 weeks ago | Report Abuse

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

Happy CNY everybody

OTB, Yinson no worries. Your fundamental analysis in tact. If there's unforeseen event, Yinson crash, we buy more. The greatest risk to Yinson should have been external, interest rate risk, oil risk even if it's indirect. Once Fed rate peaks (if it didn't already) and have a clear path downward, perceived interest rate risk will reduce substantially. Oil has been stable - FPSOs are happy with Oil $60, and I always say, Yinson survived negative Oil price period in tact, profits intact, not share price infact...

By right, Yinson is an indirect proxy to USD strength. USD up, Yinson earnings up. The share price is reflecting none of that.

Surprise seller emerged in warrants. I am going for it. Starting with $500k today at 0.435, if all can be done today then be it. If itchy finger maybe hit more. In any event, if warrants fail I will exercise them all at total cost $2.70+ which I will accept. That's the cost of speculating for short term gains lol

The frustration we have with Yinson is not so much how much money it makes...it's the opportunity cost where it's going no where while we are already in a baby bull market pffffffff

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

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...

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

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

Happy CNY everybody

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

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

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

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

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

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

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 😌

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

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

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

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...

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 😅

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

Hmm .375 matched, again.

@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

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