Windy1974

Windy1974 | Joined since 2018-01-26

Investing Experience -
Risk Profile -

Followers

2

Following

0

Blog Posts

1

Threads

729

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
729
Past 30 days
9
Past 7 days
4
Today
0

User Comments
Stock

2019-10-18 09:54 | Report Abuse

Hi Sslee. Tq for highlighting what JAKS shareholders SHOULD be concerned. I am not an accountant so i can't provide financial analysis. As a businessman, i need to judge a company's reliability when i provide credit term and i would say that i might be quite good when my company's bad debt average less than 0.2%. While i don't deal with ALP i can't judge him, i am judging him from few things i observe and hopefully i am right.
1. Yes, pacific star and evolve mall is badly executed. Personally i have not been to both but feedback on evolve mall online is actually the mall quite good but no tenants. Doesn't matter whether it's wrong timing or ALP not really good at development, the encouraging sign is that ALP ACKNOWLEDGED and not taking up further projects and future of JAKS will be about Vietnam power plant.
2. On dividend. You can assure that I WILL raise the dividend issue in 2020 AGM. While i am not sure ALP exact shareholding (I mean his nominees shareholders), i am pretty sure he has less than 50%. If ALP not gonna distribute majority income as dividend, I will request for an EGM and me replace him as CEO. All shareholders rest assured i am more than capable to manage JAKS business when it's only Vietnam power plant. Just sit and receive incomes. I believe a 30 years old also can do. I will also take RM50k monthly salary only.
3. On ALP trustworthiness. From my experience, if ALP just wanna manipulate his power in JAKS, he doesn't need to increase his shareholding. By increasing his share holding by so much, only way he could benefit is for share appreciation. If he pissed off shareholders, it's only gonna be bad for him.



Posted by Sslee > Oct 18, 2019 7:51 AM | Report Abuse

Hahahaha,
DeMusangking, with ALP pure incompetent all his Malaysia projects are losing money and will continues to lose money (Will client trust JAKS when JAKS take his client to court and in reality: Pacific Star had commenced its operation in August 2012 with a GDV of approximately RM1.2 billion: Completion date: By end August 2016: Expected handover date will be in 2nd half of 2017: Expected to complete by end 2018: Expected to complete by end-2019. JPP is ALP life saver but even with a 25 years goldmine he will still waste it. Call me again when ALP start to give you dividend.

Stock

2019-10-15 00:07 | Report Abuse

I would like to join too if can. I consider as a substantial shareholder too in JAKS

Stock

2019-10-08 20:32 | Report Abuse

Repost what i said in Feb 2019

Stock: [CARIMIN]: CARIMIN PETROLEUM BHD
Feb 8, 2019 11:50 AM | Report Abuse
I write this post for the benefits of potential investors as i am into O&G business for over 15 years. If you are a speculator/gambler, well my advise is worthless. I lost 60% on JAKS as of now due to heavy promotion by KYY and hence won't want others to get burned just because this KYY claimed that he is a good Christian and just wanna help people. At 45 years old, i should have smelled the fishiness when someone claimed publicly how GOOD himself is.
Now let's get down to fundamental. KYY claimed he projected Carimin share price based on PE10. I fully agree with that valuation and I buy a company share based on PE ratio too. Now, the question is can Carimin make 20 sens for 2019 as KYY claimed? If you read his blog, he copied and pasted Carimin company profile without indepth analysis. I guess he is desperate after losing fortunes in JAKS and Sendai. Or he was just damn lucky in his previous few selections. I deal with all the topsite maintenance contractors eg. Carimin, Dayang, Sapura. If i were to buy any contractor's shares, it will be Dayang. Why? They are the best managed and cost effective TSM in Malaysia. Did i buy? Yes, not much because their volume is too small. I can't buy without chasing up the price which i don't like. Liquidity is my concern. KYY said 4 x 5 sens for next 3 quarters? That's a simple primary school formula which my 10 years old son also know. But does he know that the next quarterly report gonna be a loss? Why i said so? Cos, every year, TSM contractors only work from March to Oct. Why? Monsoon season lah why. KYY don't know? Then why he so confident? Well, i won't argue with his expertise in construction sector but when it comes to O&G, he should learn from me instead. OK fine you said, not 20 sens at least 15 sens then. Well, based on Carimin last quarter result, net profit margin was more than 10%. As i said, the most efficient TSM i know of is Dayang and even them can't make 10% in today competitive environment. I can only say, i ask Carimin COD for their POs and Dayang, 6 months also i am not worried. Have a look at Carimin previous annual reports and Dayang to get the feel. Company can't change overnight. Remember, apart from the right industry, the right management is important. Good luck!
As for Hibiscus, it's a solid company. My average cost was 0.40 right when they first announced they bought Sabah Shell. Why i bought then? Hibiscus bought Sabah Shell dirt cheap at RM100m with 8k-10k production. They could recoup their investment within 2 years or less. That was when oil price was USD20-30 when Shell can't operate profitably. I sold at 1.00 but regretted i didn't follow my initial plan to keep 1/3. Hibiscus is a good long term investment but not ridiculous profit like KYY claimed. Their profit is easier for even lay person to predict. Oil price & production. Current oil price USD50, Hibiscus will be overpriced based on PE10. Current price is justified at USD60-65 per barrel in my opinion and if oil can reach USD80 then 1.30-1.50. Well, how about future assets acquisitions?? Sure, but definitely not a ROI 2 years lo. If they can get ROI 5 years i already salute them.
Last. JAKS. The Vietnam power plant is an unknown. But look at how Ang Lam Poh is accumulating JAKS shares recently? Obviously he pushed JAKS down to get rid of KYY. Any business owner who sees potential in his own company would do that. Owner knows best, that's why you have insider trading restrictions. The owner has acquired 20 over million shares at 51 sens. Whereas Carimin shareholders were in a rush to sell. My recommendation to you. Carimin even at 0.20 is not cheap, Hibiscus is worth 0.80-1.00 and JAKS is worth more than 1.00.
Disclaimer. The turnover in JAKS is few millions shares a day and i am a minor shareholder and i don't need you to buy to push up the share price. I am just trying to HELP YOU :)

Stock

2019-10-08 17:25 | Report Abuse

Have not commented since end of August after the quarterly report. I came in yesterday and read DK66 analysis. Good one. It's actually better than i thought because JAKS vietnam power income gonna be STABLE and CONSISTENT. Vietnam govt needs to do so because they require a lot of power generation in the next 10 to 20 years. However, as JAKS ALP highlighted, this is probably once in a lifetime thingy for JAKS. I shared before, reason for me to buy JAKS because it was CHEAP (supposedly at average cost of 1.55) and with stable income. Utility companies supposed to be BORING. Because their incomes are predictable. So, what should a utility company's PE command? Well, use Malaysia power sector as a guideline then. Definitely gonna be higher than PE10. Why? At PE10, it's a 10% return yearly. I would put in my grandkids savings at 10% stable dividend for next 20 years. Of course then, assume by then, JAKS being a utility company would pay out majority of it's earnings as dividends. I am happy to see JAKS cease the other operations and just happily being a utility company sitting there doing nothing and making RM150mil a year and give me my share of dividend. By getting my share of dividend alone i don't need to work liao and happily travel the globe.
Some positive development in JAKS. Glad to see that ALP conceded defeat in properties and stop doing more damage. Even if JAKS burns another RM20mil yearly for next 3 years, i can accept that blunder at current share price. As for STAR BG, why people still bringing this up? RM50mil is a gone case. Any outcome from litigation can only be positive from here onward. I was having doubt in ALP integrity when JAKS price plummetted. Being in business, i know that integrity of the captain is more important than any other factors. I like it becasue his remunaration package is reasonable. That's why i won't buy one of Malaysia bluechip where the boss makes RM200mil a year in pay. That's day light robbery no matter how good the business is. For those who still linger on ALP getting FREE shares, obviously you don't understand how it works and let's read up. If you don't bother to improve, don't buy JAKS. It's not for you.
Now, i write this article to encourage you to buy to shore up JAKS price. I am not helping you. But don't worry, my average cost at RM1.55 so you still got a long way to go before i dump my shares. Even when i dump, you won't know either because i yet to qualify as a major shareholders. But i can show off to tell you i own millions.
Now, this round uptrend is different. Share price moves in the afternoon. If share price moves first thing in the morning, you might get lots of gamblers who look at top page shares and buy blindly. Honestly, from my experience, you get better odds in Genting. If not better, at least you get free room and food. So, share that move in the afternoon might be accumulations. Seeing the volume, if it breaks o.88 sen, gonna reach new high.

Stock

2019-08-22 15:18 | Report Abuse

Yes. About 1.40. I had 2mil+ shares. My average cost now around 1.20 since i accumulated W around 0.30. Still big losses but overall i am positive on shares investment. My biggest holdings are YTL REIT because i am approaching 50 and i can't take risk. REIT is good for dividend when i retire. Most important, i trust the integrity of YTL boss. The boss's integrity is more important than the company's industry prospect. Look at many oil & gas counters. I am in O&G. The problem is not the business but the person running it. I hope i didn't make a huge mistake by investing in JAKS because i actually considered it an utility play. Utility company income is stable and boring so i am not expecting RM5, RM10 which some are chanting. Utilities will enjoy PE16-20 range so i am looking forward to income stream from Vietnam PP. If ALP is not a crook, i foresee i won't lose money. RM1.20 is achievable. Anything more, it's bonus

Stock

2019-08-22 15:04 | Report Abuse

I owned JAKS for almost 18 months now and it's a stock that punished contra players. Forum that's quiet suddenly become active just because JAKS is in top volume page. Typical traders mentality in Malaysia. Thank goodness there are not many day traders nowaday in Malaysia meaning that Malaysian are progressing towards either no money to invest or matured investors. I have lost tonnes of money in stock market and the question one got to asked him/herself. Did you learn from your mistake? It's ok to make mistake in life if you learn from it. Otherwise, you are destined to be a loser and loser always blame others for their demise. Such easy PE5 or 10 or whatever calculation and what's not. If stock investment is as easy as ABC, probably i would be billionaire by now. I spend average 5 hours a week on investment/finance related topics since i was 19 years old and i am still an amateur. Stop chanting and start reading if you wanna be an investor. If you wanna be a gambler, hey, you get better perks for going to Genting.

Stock

2019-08-22 09:48 | Report Abuse

This morning, JAKS technically broken the resistance at 0.845. JAKS has turned positive technically. However, sellers are abundant from 0.85-0.96 range. It's not easy to break thru unless with big volumes like today. Fundamentally, don't expect upcoming quarters to be as good. JAKS shareholders can look forward to completion of power plant by mid 2020 that's all. The encouraging sign is that JAKS management is not taking further loss making construction projects. It shows me that they are not like many crooks in our KLSE who take advantage of minority shareholders. Feel more confident to be a long term shareholders

Stock

2019-04-05 10:30 | Report Abuse

JAKS investors. I am a JAKS shareholder. I wrote 21 Feb urging JAKS shareholders not to sell cos an uptrend had established. The price was 0.62 then. I said for short term investors, sold nothing below 0.75. Now it's 0.82 and near many banks target price. So, what should i do and you? Well, i am a mid to long term investor, 3 years minimum and up to infinity if the business model could sustain. I won't do any selling till JAKS shows what they could deliver with the Vietnam power plant project. From my observation so far, ALP yet to convince me he could be the next Francis Yeoh. Well, to be fair, not many people can become Francis Yeoh. However, by pulling in such Vietnam deal for JAKS alone is no small feat. I agree with KYY that JAKS should eventually concentrate on Vietnam power business alone if he can't make money in constructions. So, i would judge how much JAKS is worth from their Vietnam income. Take note, utilities companies are boring because their incomes are predictable but they don't get value at PE10. Low PE is normally for companies with declining income or high fluctuating incomes. After all this bullshit, so should you buy or sell at 0.80? Well, let me share with you my observation. JAKS did 12m on 1 April and 3m 4th April. When i write this at 10.20am, 1m. What it tells me is that not many contra players in JAKS, if any. Second, as i monitor JAKS daily, i notice that JAKS seems to try avoid the top volumes page. For contra players/speculators, they like to view top volume page and blindly buys. So, my take is that the buyers are still accumulating at current level and not wanna flash signs that attract other buyers to chase up prices. In fact, I bought more JAKS W at 0.52 recently when it was to near term high then. It did drop back to 0.48 later. Why i didn't wait? Well, with the volume i bought, no point waiting when there were sellers. Then, you would ask, why JAKS W which is at big premium to JAKS? You are right but i didn't put my kids education fund into JAKS W. I suspect % gain will be better than the mother shares because not many W are available for sale. My guess is less than 10m is available. I believe JAKS would only face real challenge at 1.00 range. Now, i am a minority shareholder in JAKS and i don't need you to buy JAKS to push up the price. I am only helping you

Stock

2019-03-22 09:40 | Report Abuse

Repost what i said. All. If you read my post yesterday i told you all not to buy cos Uncle KYY got 39m in hand. Don't get fool by the volume. As i highlighted, you need volumes to lure suckers in. It's so obvious, big buyer q then one shot. That one shot is your uncle KYY selling lo. Go check how much such one shot and you could tell how much he got left. So, please sell all yours and pick up later in the 30 sen region even if you got sendai. If no suckers in, KYY either hold on to it or sell or firesale price. He might need to do so with Dayang drop. My feeling is that his average cost is in the region of 1.20. Very close to it now and he will need funds. I am surprised with 3 IB downgrading Dayang at the same time. I suspect people in the investment world wanna teach uncle KYY a lesson because uncle KYY is too nice. He is helping Malaysian to become millionaires. Now, with the volume approaching 20m, i don't need you to sell or not buy to push Sendai lower. I am just helping you :)

Stock

2019-03-21 10:44 | Report Abuse

Uncle is in trouble. With Dayang at 10m volume, no way he could exit. He is not pushing up indicates many sellers above 1.45. He needs to sell Sendai soon if Dayang falls below 1.30. I have my funds ready today after selling my Layhong. I am waiting below 0.40 Uncle

Stock

2019-03-20 08:54 | Report Abuse

I was asking people who wanna go for day trade strategy to buy Dayang if open red and if green wait till +1 or +2. It's gonna close higher today. It's a day trade. May i know why i can't comment in Sendai forum?

Stock

2019-03-20 08:53 | Report Abuse

why my posts in Sendai can't be posted?

Stock

2019-03-20 08:52 | Report Abuse

why my post is not listed?

Stock

2019-03-20 08:51 | Report Abuse

All. Trading play today. Buy Dayang if it's RED. If green, wait till it's +1 or +2 sen then buy. Dayang gonna close green today. It's a day trade

Stock

2019-03-20 08:50 | Report Abuse

All sendai. If you want a day trading play, follow this strategy on Dayang today. If it opens lower, buy regardless of price. If it opens higher, wait till it's +1 or +2 and buy. Dayang will close positive today. This is a day trade with minimal risk. I am posting here and not Dayang forum cos it's full of silly Malaysian comments as KYY said. He is spot on on that comments about i3 commentators. That's the reason why Malaysia still a 3rd world country till now. Cos majority don't learn from their mistakes.

Stock

2019-03-19 16:42 | Report Abuse

All. If you read my post yesterday i told you all not to buy cos Uncle KYY got 39m in hand. Don't get fool by the volume. As i highlighted, you need volumes to lure suckers in. It's so obvious, big buyer q then one shot. That one shot is your uncle KYY selling lo. Go check how much such one shot and you could tell how much he got left. So, please sell all yours and pick up later in the 30 sen region even if you got sendai. If no suckers in, KYY either hold on to it or sell or firesale price. He might need to do so with Dayang drop. My feeling is that his average cost is in the region of 1.20. Very close to it now and he will need funds. I am surprised with 3 IB downgrading Dayang at the same time. I suspect people in the investment world wanna teach uncle KYY a lesson because uncle KYY is too nice. He is helping Malaysian to become millionaires. Now, with the volume approaching 20m, i don't need you to sell or not buy to push Sendai lower. I am just helping you :)

Stock

2019-03-18 11:10 | Report Abuse

All. If you got con by KYY once, you are a fool. (That's me) If you got con twice, you are just the typical stupid hopeless Malaysian (There are a lot). Let's not dwell on bitterness and learn from your mistakes. That's life. I made many mistakes in life but i am now better off because i don't repeat those mistakes. From PE perspective, Sendai is ATTRACTIVE at current level. However, i won't buy now because 1 simple reason. KYY needs to unload his remaining 39m shares. Put result aside, when supply more than demand, price goes down. From Sendai recent QR, i don't foresee much surprises in the next 4 QR at least. So, why rush in? Recent low was 0.455 and with 39m shares, and if desperate, you would easily see 0.30+. Unless it drops to 0.30, i won't rush in now. Sendai shares won't go down as straight line because in order to attract buyers, KYY needs to create volumes and price fluctuation. We just need to see a sudden drop in Dayang shares and KYY would need to liquidate Sendai to cover his margin call in Dayang. Anyone who knows a little bit about share market would know that with Dayang's daily volume, some operators are behind it and not long term investors. In order to exit, the operators need suckers to buy at an average price higher than operator's cost. It's easy to push up Dayang's price because at least 50% shares are NOT FOR SALE by major shareholders. Moving up is easy but getting enough suckers to absorb the shares at higher price is the trick. The more frequent you see an article on KYY shares, the more desperate he is to get suckers. From his recent frequent posts on Dayang, i guess he still has a lot on his hand. Good luck uncle KYY. I sold my Dayang at 1.07 with average cost 0.72. Post analysis conclusion was that i sold too early into the rally because i was just looking at earning perspective. But hey, no complaint lah and gotta thank Uncle KYY for shortening my target holding period. Dayang is a good share but not at 1.70 in 2019. In 2021 maybe. I will let you know if i foresee big jump in Dayang profits

Stock

2019-03-08 16:10 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/03/08/petronas-q4-profit-skids-21pct-cites-higher-costs-asset-depreciation/
For those amateur forum blabber who is fantisizing RM0.40 or RM0.20 full year profit. Like the infamous KYY said, shut up when you don't know the trade and people might think you know. What would you do when you are uncertain about future? Increase your capex and opex of course haha!! I have told my employees to spend wisely this year because Petronas gonna spend more due to uncertainty!!

Stock

2019-02-25 09:00 | Report Abuse

Thank you KYY for me to sell all at 1.09

Stock

2019-02-24 20:37 | Report Abuse

i don't know serba dinamik well enough to comment. But i feel uneasy knowing their background. Ok, no more comments. Not one that like to post a lot. Good luck and avoid getting con

Stock

2019-02-24 20:29 | Report Abuse

I write this comments for those who are looking to invest in Dayang. If you are gambler/speculator, this comment doesn't concern you. There is a reason why Malaysian is considered the biggest dumb ass by international scammers such as love scam or police scam. If you read limited posts by me, then i would give myself credits of what KYY said recently about Carimin and Dayang. I have to declare that i am a Dayang shareholder and my average acquisition cost is below 0.70. While i am happy that Dayang is flying now, i just don't want potential investors to get con by KYY because i think this old man has become a ruthless syndicate con man after he lost his fortune in JAKS. KYY needs volume in Dayang shares in order for him to liquidate his position and exit with a profit. Dayang is a good company and i have great respect for it's boss. He is a man with integrity and hence i am holding Dayang long term and not concerned about short term price fluctuation. Don't believe KYY rubbish about how great the profit turnaround is. He is in construction NOT oil & gas. I am in oil & gas business. My advise to you potential investors, the worst is over for oil and gas sector but you won't see significant recovery till 2020. So, don't chase counters that has risen a lot otherwise you won't see much gains for at least another 18 months. Even with recovery in 2020, not all oil & gas counters will benefit. Mainly due to incompetent management or purposely incompetent management (you get the message) O&G counters who will benefit from 2020 recovery and i like and got holding. Dialog, Yinson, Dayang, Hibiscus, Sapura Energy. For dumbass, you can buy Carimin, Petra, Barakah, Sumatec. Good luck

Stock

2019-02-21 16:20 | Report Abuse

I am a long term investor attracted by JAKS stable income stream from Vietnam power plant. Hence, i wanna seek i3 investors who have knowledge about construction industry. What's your comment about JAKS boss ALP? To me, that's more important then the prospect of JAKS business. So far his dealings seem reasonable to me but YOU would know best if you have dealt with JAKS before. Feedback please.

Stock

2019-02-21 16:17 | Report Abuse

JAKS investors. Since i monitor JAKS shares daily, i suggest you not to sell at current price. Few reasons. 1 Almost QR time. A surge right before QR means good result and momentum will remain after QR. 2 It has creep up from low of 0.415 but most meaningful accummulations are above 0.52. Such sudden surge because it was a major resistance at 0.60 and only big volume could lure out sellers which aren't much either at 40m. If you sell now, you won't be able to buy back at current price. For short term investors who bought low, sell nothing below 0.75

Stock

2019-02-08 11:50 | Report Abuse

I write this post for the benefits of potential investors as i am into O&G business for over 15 years. If you are a speculator/gambler, well my advise is worthless. I lost 60% on JAKS as of now due to heavy promotion by KYY and hence won't want others to get burned just because this KYY claimed that he is a good Christian and just wanna help people. At 45 years old, i should have smelled the fishiness when someone claimed publicly how GOOD himself is.
Now let's get down to fundamental. KYY claimed he projected Carimin share price based on PE10. I fully agree with that valuation and I buy a company share based on PE ratio too. Now, the question is can Carimin make 20 sens for 2019 as KYY claimed? If you read his blog, he copied and pasted Carimin company profile without indepth analysis. I guess he is desperate after losing fortunes in JAKS and Sendai. Or he was just damn lucky in his previous few selections. I deal with all the topsite maintenance contractors eg. Carimin, Dayang, Sapura. If i were to buy any contractor's shares, it will be Dayang. Why? They are the best managed and cost effective TSM in Malaysia. Did i buy? Yes, not much because their volume is too small. I can't buy without chasing up the price which i don't like. Liquidity is my concern. KYY said 4 x 5 sens for next 3 quarters? That's a simple primary school formula which my 10 years old son also know. But does he know that the next quarterly report gonna be a loss? Why i said so? Cos, every year, TSM contractors only work from March to Oct. Why? Monsoon season lah why. KYY don't know? Then why he so confident? Well, i won't argue with his expertise in construction sector but when it comes to O&G, he should learn from me instead. OK fine you said, not 20 sens at least 15 sens then. Well, based on Carimin last quarter result, net profit margin was more than 10%. As i said, the most efficient TSM i know of is Dayang and even them can't make 10% in today competitive environment. I can only say, i ask Carimin COD for their POs and Dayang, 6 months also i am not worried. Have a look at Carimin previous annual reports and Dayang to get the feel. Company can't change overnight. Remember, apart from the right industry, the right management is important. Good luck!
As for Hibiscus, it's a solid company. My average cost was 0.40 right when they first announced they bought Sabah Shell. Why i bought then? Hibiscus bought Sabah Shell dirt cheap at RM100m with 8k-10k production. They could recoup their investment within 2 years or less. That was when oil price was USD20-30 when Shell can't operate profitably. I sold at 1.00 but regretted i didn't follow my initial plan to keep 1/3. Hibiscus is a good long term investment but not ridiculous profit like KYY claimed. Their profit is easier for even lay person to predict. Oil price & production. Current oil price USD50, Hibiscus will be overpriced based on PE10. Current price is justified at USD60-65 per barrel in my opinion and if oil can reach USD80 then 1.30-1.50. Well, how about future assets acquisitions?? Sure, but definitely not a ROI 2 years lo. If they can get ROI 5 years i already salute them.
Last. JAKS. The Vietnam power plant is an unknown. But look at how Ang Lam Poh is accumulating JAKS shares recently? Obviously he pushed JAKS down to get rid of KYY. Any business owner who sees potential in his own company would do that. Owner knows best, that's why you have insider trading restrictions. The owner has acquired 20 over million shares at 51 sens. Whereas Carimin shareholders were in a rush to sell. My recommendation to you. Carimin even at 0.20 is not cheap, Hibiscus is worth 0.80-1.00 and JAKS is worth more than 1.00.
Disclaimer. The turnover in JAKS is few millions shares a day and i am a minor shareholder and i don't need you to buy to push up the share price. I am just trying to HELP YOU :)

Stock

2018-04-19 10:08 | Report Abuse

Wc only makes more if Bunga Raya reaches more than RM1.70 and above. If i know where crude is going, i would have sold my wife and kids and dump everything into crude futures lo haha. Well, i can only say that being a material suppliers, i will have one of the best year in term of volume in 2018. Projects are back. However, margins more than halved. So, actual benefactors are only upstream players and O&G employees who make ridiculously high gaji. End my comments

Stock

2018-04-19 09:43 | Report Abuse

Hi Hibiscus fans. I was the one that sold my holdings at RM1 after holding for around 1 and a half year and i stated why in my previous post. I have accumulated back my holdings in the last week, simply because the oil price seems to be holding at different level now. (higher) In fact, crude still heading higher from here i believe. Hence, Bunga Raya being an upstream player, will be an immediate benefactor. (You can see that the director also bought some recently from filing) I say, it's easily worth RM1.20 with current crude price. However, i am appalled and puzzled by why wc can sell at 0.40. Obviously, KLSE is a casino and not sure those wc people realise or not, they are only in money when Bunga Raya reaches RM1.40?? And that only till March 2019. With current price at 0.90, you can make more than 50% when it reaches RM1.40 and these wc people are happy to pay a premium of 0.40 for it. I salute them. Obviously, if you are smart Bunga Raya free warrant holder, you would have sold everything by now

Stock

2018-02-06 16:52 | Report Abuse

This roughneck memang have all the timelines correct. Wonder whether he works in Hibiscus or SSPC? That's called insider trading and i bound to report to SC

Stock

2018-01-26 10:11 | Report Abuse

Hi. i owned Hibiscus since they announced SSPC deal. I bought first at 0.29 and my average price was 0.40 as i have accumulated since. At the peak, i owned 6-7m shares. I sold all at an average price of RM1. I have been follower of this forum but first posting. Why i post? Ya, many gonna say i wanna press down the price to buy back. Suit you. I just wanna give my opinion to those long term investors.
At current price 1.06, i believe you would see PE of 12-16 for FY2018. Expensive? Probably not. Cheap? Definitely not. Why i know you ask? I could only say that i am in the oil & gas industry myself and i do know some info. Some here are trying to predict the upcoming profit by production x profit margin. While you are there, there are other associated costs you didn't factor in. At oil price above USD60, i predict the next 4 QR would make RM100-120mil the most. I initially targeted to make my RM1 price target by 2019 factoring oil price USD65. Am not complaining i make it more than 1 year ahead. You would know i bullshit or not by QR next month and for those who believe SSPC profits exceptional will know when Hibiscus account for it in May 2018 QR. Invest with your head and not your mouth! Good luck!