True, from RM0.25 to RM0.30 is a 20% also

I bought at RM0.30 just now. IF can become RM0.36 in the "near term", is 20% profits.

U buying MBB at RM9 and harping it will give 20% soon.
Which one appeared likely to happen?

Smile...

The Y/E reporting is on 30APRIL. Come End of this month should be reporting the 2nd QR which dated 31JULY. IF the additional EPS in the coming 2nd QR is another 1.5%, so the price can be traded to RM0.40,

https://www.sns.com.my/

So fast, at RM0.30 all being sold out

Perhaps there were properties/businesses were injected into this counter so the owners received the Shares in the public listed company. The major shareholders are in such a structure.

BUT, it has the disadvantages when the directorships in these companies (mostly PLC), have glaring differences in terms of the personality such as having spouses, cousins, uncles inside...just in case.

When any discord can happen among these companies so the tussle will affect the

And when at such a low price now, the other controlling parties got the opportunity to top up their stake

1st QR 30JUNE, revaluation of Property filing - published on 29 AUG

AR 31MAR2021 - published on 29 JULY2022

Per the 30 largest shareholder in the AR - the top 3 in combination is below 25% of the issued shares, not that common.
Next to them, almost at least another 7 companies holding between 1.5% to below 5%
These companies in combination are controlling this counter.

WHY certain major shareholders are selling even before the AR being published?
Oversold.

Accumulating. Sellers suddenly became the buyers. Good deal Rm0.30 a share

It has lands in total more than 100 acres. Total assets up by RM110M and the possible payable tax from this revaluation is allocated at RM9Mil. Why got 2 time s of LD? Unbelievable

The shares of company at such a low pricing, 328M units, market cap RM90M, good candidate for the certain visionary bizmen to take over/become a major shareholder in the company or vehicle for some kind of back listing ventures

Appendix A -
JADE MARVEL GROUP BERHAD
Details of the Property and Revaluation Surplus
Location Description of
Property
Name of
Valuer
Date of
Valuation
Market Value
as at 30 June
2022
(RM’000)
Net
Revaluation
Surplus (net of
deferred tax)
(RM’000)
Lot 1019,
1283, 1284,
1333, 1334,
1337~1341 &
1348~1351,
Mukim 12,
Daerah
Seberang
Perai Tengah,
Pulau Pinang.
Freehold land Raine & Horne
International
Zaki + Partners
Sdn Bhd
1 April 2022 100,000 76,557

Checked the latest QR published report

4. Effect on the Net Assets Per Share



The recognition of the revaluation surplus of approximately RM76.56 million have resulted in an increase in the net assets per share of the Group by RM0.23 to RM0.64 as at 30 June 2022.

Now, the ROE is 53% , EPS 280 sen, P/E 1.91

IF P/E is 3 times, 3 years to earn back the investment of the capital employed, the market price will be above RM7

One say is RM3 only, another say RM4, then the controlling stakeholders will not be cowed to accept that kind of propositions

10 sen dividend for a Share is very good already.
The controlling stake also need to have some returns.
If this is the 1st time receiving the div, the capital invested is now RM0.90 a Share

Wow to those companies that giving RM6 for each 1,000 shares and the paid-up capital at the IPO was RM0.10 a share, and good enough if compare to RM0.05 a share, then issued shares will be multi billions

This IPO should be RM1 a share, SC/KLSE should do reformasi

Yes, the public got the shares at the open market price, i. e. RM5 or RM6 a share

Anybody know about the disposal price for a share by Shell then?

That was 3,000 years ago, Solomon the beloved son of David and Bathsheba.

The Ismaelites, Arab was travelling in the middle of the big desert. No Oman, Qatar, UAE...
The primitive Arabs moving in the dark by the help of the oil/fuel from the "no so deep" drilling
The was no Aramco and refineries...HY like nowadays.

1 Kings 1
New International Version

>>Prophet Nathan asked/advised Bathsheba, Solomon’s mother to approach King David, so that Solomon will inherit the throne.
1. When King David was very old, he could not keep warm even when they put covers over him.

But Adonijah, the son of Haggith, another wife of King David, had declared himself the king without the knowledge of his father/King David. But Solomon was chosen by his father over the other sons.

Inside 1 King 2.13 - Adonijah talked to Bathsheba (Solomon's mother).

And saying that he should be given Abishaq as his wife.
17. So he continued, “Please ask King Solomon—he will not refuse you—to give me Abishag the Shunammite as my wife.”
SO auntie Bathsheba really went to talk to King Solomon, by saying that the half brother wanted Abishaq
20 “I have one small request to make of you,” she said. “Do not refuse me.”

The king replied, “Make it, my mother; I will not refuse you.”

21 So she said, “Let Abishag the Shunammite be given in marriage to your brother Adonijah.”

22 King Solomon answered his mother, “Why do you request Abishag the Shunammite for Adonijah? You might as well request the kingdom for him—after all, he is my older brother—yes, for him and for Abiathar the priest and Joab son of Zeruiah!”

23 Then King Solomon swore by the Lord: “May God deal with me, be it ever so severely, if Adonijah does not pay with his life for this request! 24 And now, as surely as the Lord lives—he who has established me securely on the throne of my father David and has founded a dynasty for me as he promised—Adonijah shall be put to death today!” 25 So King Solomon gave orders to Benaiah son of Jehoiada, and he struck down Adonijah and he died.

SEE that in the past, the decree from the King is the criminal will be executed on the same day without any delay using "buying time" , pretend don't know, tak mengaku

Altogether, Adam lived a total of 930 years.


New International Version
1 Kings
Chapter 2 -


David’s Charge to Solomon

1 When the time drew near for David to die, he gave a charge to Solomon his son.

2 “I am about to go the way of all the earth,” he said. “So be strong, act like a man, 3 and observe what the Lord your God requires: Walk in obedience to him, and keep his decrees and commands, his laws and regulations, as written in the Law of Moses. Do this so that you may prosper in all you do and wherever you go 4 and that the Lord may keep his promise to me: ‘If your descendants watch how they live, and if they walk faithfully before me with all their heart and soul, you will never fail to have a successor on the throne of Israel.’

.......

10 Then David rested with his ancestors and was buried in the City of David. 11 He had reigned forty years over Israel—seven years in Hebron and thirty-three in Jerusalem. 12 So Solomon sat on the throne of his father David, and his rule was firmly established.

David died at the age of 70 , in total they have 1,000 years. Is it a random/coincidence?

Not.

The Messiah has to come from the family of King David, so the Creator allowed Adam to discount his years from 1,000 and to give 70 years to King David in order to make the Plan to be materialized.

Jesus come from the family of King David.

Check to -

Matthew 1
New International Version
The Genealogy of Jesus the Messiah

A person also enjoys his work and takes pride and satisfaction when he does well. "G-d instills in each man's heart a fondness for his trade". As G-d doesn't want any trade to die out, according to the learned teacher. All the more so a job that provides some useful, constructive service to ease the lives of one's fellow human beings. Hallelujah.

Until unless the Auditor decided to resign...is safe to accept the accounts.

Compare to 6 months ago -

This QR

Total assets increased, needless to say that total liabilities also being equal.
Receiveables/Debtors, inventories & other receiveables increased.

Money in the bank & financial asset are about the same.
To take a decision to cast out RM30 Mil for those 300M units of issued shares
is already an achievement for the rate of 10 sen isn't easy for many companies in KLSE.

How any companies to classify/recognizing their sale/profit is forever arguable because there are inventories parked under the rain/sun, classified sale even when only down payment being made, retained profits not reflected as cash in the bank, hedge against the purchasing price/raw material....long list.

That 300M units of issued shares were paid with RM1 as par value instead of RM0.10 a share issued by others nowadays for billions of shares

Got dividend also

"Behold, I now go to work at my business and I trust in G-d that He will give me the strength to be successful, to provide for myself and my household in an honourable way, to perform righteous acts and acts of kindness and so I should be able to fulfil all the mitzvos of my Creator in their proper way. Help us, my G-d, rescue us for the honour of Your Name, do not turn Your attention to our evil acts (but) do with us tzedakka and kindness for your great Name. May the words of my mouth and the efforts of my heart (rest) favourably before You, O G-d, my rock and my redeemer."

Doesn't matter, the cinema light will be switched off just before the show starting but the ticketing person will guide you to the seats by torchlight

Meanwhile, in the coming days, only the Oil&Gas/Refinery companies got the big profit to report...buy on good news.

Yes, can take advantage for the Leverage, the loan stock can be very profitable when the Normal share is moving up

If the car park lots at the cinemas are fully used, got to park at the Eastern hotel there...nearby the cinema

Waiting for this coming QR is like holding the LIDO/Cathay cinema tickets in your 120Y Datsun...parking just outside your girlfriend's house and she is still doing the touchup from her lipstick.

Psalm 133
A song of ascents. Of David.
1 How good and pleasant it is
when God’s people live together in unity!

2 It is like precious oil poured on the head,
running down on the beard,
running down on Aaron’s beard,
down on the collar of his robe.

Psalm 131
A song of ascents. Of David.
1 My heart is not proud, Lord,
my eyes are not haughty;
I do not concern myself with great matters
or things too wonderful for me.
2 But I have calmed and quieted myself,
I am like a weaned child with its mother;
like a weaned child I am content.

Hopefully going back to RM5.80....then QR coming latest 30 AUG/

I can't get lower than RM5.56 just now , cheaper by RM0.25, ok. If go back to RM5.80 still making

PetronM - with the latest QR, running with 4 QRs together so the EPS 141.97 sen, NTA RM8.16 , P/E is 4

Ever since 30th of May, there was no any other update for the consumption of the public in respect of the company's performance such as the profit margin, target for the future of the oil & gas industry, social concern against the war that erupted in the Ukraine...tight mouthed.

But the minimum requirement is that the public listed companies are obligated to disclose and publish the financial performance of the company at least once in the quarter of the year.

Just awaiting...

Thanks to you.

I managed to buy some at RM5.18 yesterday. Even you have bought yesterday at RM5.33 during the last minute will be good.

Last QR released on 30 May, almost 2 months time after 31 Mar, the expiry of the 2 months grace period.

The Latest day to release the QR ended on 30 June is 30 Aug 2022 instead of 31 Aug 2022.

OK, now better

Buyers are willing to pay RM7.26 for a share in the early morning.

Quarterly report ending 30 June is due to be released latest at the end of this month when the grace period of reporting is 2 months. During this 2nd quarter, the oil price was very high and there must be very big profit as expected. Whenever the huge profit report can not be contained anymore but being prepared to be disclosed to the SC, the "limit up" is understandable. Btw, the NTA is RM6.62 since the last QR.

1. I believe each bizman can have a way to continue to thrive within their respective boundary to avoid any head on competition with another producer. The ways are - the product quality, pricing, assortment of products within the product, satisfactory customer service, delivery, consumer support policy,

After removing/settling all the liabilities, one can see even clearer than a share can fetch RM1.40 (NAT) without a doubt. Each biz got its goodwill (the value) to be added on.

I only noticed the latest heavy sell down and did not suffer losses from the higher price. We all know how hurtful the losses to the owners and the public investors following the decline of the pricing until below RM2.

Yes. Cost of production is getting higher.

Like many other producers of goods, the cost of production is highly sensitive in determining their profitability.

With the participating by the few players, their are in the market referred as oligopoly.

Oligopoly is not as having the advantages like a monopoly market.

Debt-free company

Looking at the latest QR 30 June - cash in bank RM2BiL, it has Property/plant value RM2.3BiL.

Should use the cash to full settle all the current & non current liabilities/TOTAL Liabilities, about 900Mil. Still have RM1.1 Bil to earn interest and the business can operate even under less margin of profits.

On a humorous note, they sometimes referred it a "booby trap"

What a kindergarten, this SC

SC give, i think, a week to lodge the Notice. Now so online, can just upload today for yesterday's selling by EPF. If due to pay the trades, the next day force sell, if no payment from buyers.