Fly with Vulture ... Run !

Fly with Vulture ... Run !

Realistically, mass air travel can only return to normal way into 2022. Any restructuring exercise need to ensure and focus on sufficient cash to be raised that can last the cash burn until end 2022 (not end 2020). Otherwise, it will be an exercise in futility.

@Jeffreyteck Of course, all data should be subjected to Personal Data Protection Act. The CEO should not even touch on the matter in his Press interviews.

Window of opportunity to exit > 0.68 yesterday !

https://www.freemalaysiatoday.com/category/highlight/2020/10/10/from-high-flying-job-to-selling-traditional-delicacy/
Example of true grit. All the best to the air stewardess for her future endeavours.

https://www.malaymail.com/news/malaysia/2020/10/09/airasia-boss-tony-fernandes-confirms-axed-10pc-of-staff-in-latest-round-of/1911284
My sympathy to those retrenched staff. AA should have maintained sufficient cash reserves instead of the huge payout via Special Dividend last year.

https://www.klsescreener.com/v2/news/view/737385

https://www.malaymail.com/news/malaysia/2020/10/08/mof-to-leave-struggling-malaysia-airlines-fate-to-khazanah-minister-says-no/1910678

Selangor has recorded an Rt value of 1.95, which is much higher than Sabah's 1.29. This comes following a surge in daily new infections - from just two to three cases, up to 10 to 15.

Selangor has recorded an Rt value of 1.95, which is much higher than Sabah's 1.29. This comes following a surge in daily new infections - from just two to three cases, up to 10 to 15.

TP met. Vulture Fund swooped in :-)

TP met. Vulture Fund swooped in :-)

Trust your own analysis and invest prudently within your own risks tolerance. All of us entitled to our own opinion but we must respect all “investors”. Nothing Venture Nothing Gain. That’s the beauty of stock market ... Win Some Lose Some !

https://youtu.be/DiWomXklfv8

https://youtu.be/l9PbjgQfX9o

It will be an exhilarating day tomorrow :-)

It will be an exhilarating day tomorrow :-)

@ Stockisnotfun
SuperMax did a bonus issue (share split) of 1 for 1.
TG did a bonus issue (share split) of 2 for 1.

Litmus test level will be 747, which will spell “trouble” but present better chance for Vulture to considering entering for battle between Vulture vs Megalodon.

@ EatThis Foreign Funds will not be active in the market as short selling still not permissible until 31 December 2020.

Ikan Bilis absolutely no match for this Megalodon. Vulture still watching from the sideline and will move in at the appropriate time. It will be Vulture vs Megalodon !

@ Shines Read carefully. I am not congratulating GenM shareholders !

< 10 ? I have been queuing for share buy-back @ 17.10 for the whole day and trades still not done as yet.

Congratulations to Empire Resorts Inc Shareholders and Kien Huat Realty III Ltd !

Yes, I am fully aware of that as it is lucky that EPF/PNB, being the 60% JV Shareholders bought out SP Setia 20% stake for the Phase 2 commercial units due to the substantial investment cost involved based on previous news flow. I am referring to the residential units for Phase 2 & 3.

I was hoping to see dividend declaration & recognition of Battersea Park Phase 2 completion in QR3 but left disappointed despite being absolutely bullish on the stock when it was trading ~ 1.18-1.23 range last month. In any case, I hope that it will hit higher target prices for the sake of other “Ikan Bilis” that bought/stucked at higher prices.

@ memorylane That is even more worrying since Phase 2 of Battersea Park Project not even completed and we are already near end 2019 despite the previously announced booking take up rate of 90% way back in 2013. Has there been cost overrun and project delay due to the uncertainties with regard to Brexit that can lead to sales booking cancellations or compensation ?

Free dividend of 29 sen although small capital gain based on yesterday’s ex-Dividend price range of 17.52-17.60 :-) Good timing to monitor for “bottom fishing” investment yet again.

Previous low level of 1.20 was an exceptional Value For Money opportunity. However, based on recent QR with no dividend declared and current share price of > 1.40, the risk premium is much higher and warrant profit taking for risk aversion. There will always be better opportunities based on “bottom fishing” investment strategy for other dividend paying and fundamental counters. In addition, PE nearing 28 based on current QR and share price.

Time to take profit since no dividend declared despite profitable QR announced yesterday.

As I said earlier, Don’t Worry, Be Happy :-) With a strong Ikan Bilis on Board and likelihood of dividend announcement soon, it is certainly Mega Property Sale at current share price of < 1.30.

High debt of ~ 10b but solidly backed by total assets of 30b. If SP Setia has low debt at present as a property developer, the share price will be easily > 3 :-) SP Setia is certainly attractive at current depressed share price level.

https://www.klsescreener.com/v2/news/view/596722

Crisis = Opportunity. Otherwise, how is it possible to buy SP Setia (Top Developer Company in Malaysia) at the 1.18-1.23 range last month. Those who bought in at that range would have already made significant short term gain or even more over the medium to long term. Even those that missed out on the previous low prices & bought in at < 1.30 yesterday should be able to generate good returns over time. “Time & tide wait for no man”.

Star Business (9/11) - The Dyson Factor
CGS-CIMB new TP : 1.78

SRR cut can support growth momentum by providing additional liquidity to the financial system. Banks would have more cash for tactical maneuvering as keeping their funds as SRR would not earn them any return and this will also reduce their cost of funds albeit marginally. Additional liquidity (RM7-8 billion) would help to stimulate lending activities at a time when loan growth has been moderating. Reduction in banks’ cost of funds will widen their margins. There will be buying impetus for banking stocks in the near term at least.

SRR cut can support growth momentum by providing additional liquidity to the financial system. Banks would have more cash for tactical maneuvering as keeping their funds as SRR would not earn them any return and this will also reduce their cost of funds albeit marginally. Additional liquidity (RM7-8 billion) would help to stimulate lending activities at a time when loan growth has been moderating. Reduction in banks’ cost of funds will widen their margins. There will be buying impetus for banking stocks in the near term at least.

SRR cut can support growth momentum by providing additional liquidity to the financial system. Banks would have more cash for tactical maneuvering as keeping their funds as SRR would not earn them any return and this will also reduce their cost of funds albeit marginally. Additional liquidity (RM7-8 billion) would help to stimulate lending activities at a time when loan growth has been moderating. Reduction in banks’ cost of funds will widen their margins. There will be buying impetus for banking stocks in the near term at least.

https://www.klsescreener.com/v2/news/view/599616 Augurs well for BAT and Government (increasing tax revenue) once Government strictly enforce policies on illicit smuggling.

The price of 17.50/share (similar as Dunhill Lucky Strike) yesterday was too tempting even for a non-smoker. Vulture123 swooped in for 20,000 packets of cigarettes based on the “bottom fishing” strategy (17.50-0.29 = 17.21 Value For Money price) as the share will go Ex-dividend of 29 sen next Tuesday.

Time and tide waits for no man. 1st. Rule of Investing .... Hope for the best but be prepared for the worst. Use only spare Cash to invest.

Property sector and share price are cyclical and will always be subjected to market vagaries. Market capitalization will always fluctuate and will be low during bad times. Land bank is not perishable and will move in tandem with the economy. As long as not ”chasing” at high share price with spare Cash, the rewards will be substantial over time. It is only a matter of short, medium or long term investment horizon to crystallise on the gains ? Nothing Venture Nothing Gain. Opportunities wait for no one.

Congratulations for all that bought at ~ 8.50 level. It will definitely be bumper harvest next week ;-)

Congratulations for all that bought at < 5 level. Together with the DRP dividends credited this week based on 4.65, it will be bumper harvest next week ;-)

https://www.klsescreener.com/v2/news/view/599538
Very positive news for Malaysia Equity Market. Watch BAT fly next Monday.

https://www.klsescreener.com/v2/news/view/599538
Watch CIMB fly next Monday :-)

https://www.klsescreener.com/v2/news/view/599538
Watch Maybank fly next Monday :-)

https://www.klsescreener.com/v2/news/view/599538
Good news for Malaysia Equity market next Monday :-)

https://www.klsescreener.com/v2/news/view/599538
Good news for Malaysia Equity market next Monday.