When management announces the QR release date, the result should be good. Last quarter, management did not announce the QR release date.

Instead of thinking of increasing new projects to claim more management fees, the top management needs to improve the way to manage the existing assets such as installing more EV charging stations in the parking lots with good safety features such as fire hazard management facilities if one of the EVs catches fire and stop fire immediately preventing fire from spreading to other cars.

Issuance of 7,025,000 new units (the "New Units") in CapitaLand Malaysia Trust ("CLMT") at an issue price of MYR0.4998 per unit to CapitaLand Malaysia REIT Management Sdn. Bhd. (as manager of CLMT) ("CMRM"), as part payment of the management fees to CMRM for the 6 months period from 1 January 2023 to 30 June 2023. The total management fee payable to CMRM for the 6 months period ended 30 June 2023 amounted to MYR11,788,417 of which MYR7,215,066 is the base fee and MYR4,563,351 is the performance fee. A total of MYR3,511,095 will be satisfied via the issuance of the New Units to CMRM. Based on the 10-day volume weighted average price of CLMT units issued up to and including 30 June 2023 of MYR0.4998, the number of units to be issued to the Manager will be 7,025,000.



Management sells like no tomorrow after receiving free money.

New CEO this year. Low profit, bad dividend yield. Lam must have looked at the old data last year.

Yes, you can attend the AGM and voice your concern. Most likely the presentation will be sugar-coated and you cannot find much to attack. Everything is about diversification to safeguard the future. Diversification will benefit the management in the short run and the company in the long run. Those who are waiting for a price surge will need to learn to meditate for now.

The management seems enjoying using the public fund for expanding their own agendas.

CCP declares Taiwan as a country. One problem resolved instantly. We all thank CCP.

CCP supports the independence of Palestine as a country. We also support the independence of Taiwan to avoid possible bloodshed in the future.

We want peace so we don't spread hatred.

Hope no war started by CCP. CCP portrays itself as the saver of the world. So CCP will save the world.

CCP is happy over this war with high casualty. CCP can now prove the whites are bad dudes.

EPF will buy anything with return > 5% per annum as they need to pay interest to EPF account holders also around 5% every year.

If price increases to more than 80 cents, EPF will start selling as dividend can drop below 5% yield. Unless the profit increases, the ceiling should be around 80 cents.

It's quite disappointing that QBM cannot contribute more earnings than it should compared to pandemic-fear stricken period last year. Foreign tourists are back but it seems that it is not benefiting the REIT.

Diversification into other sectors is too aggressive and it is contributing to high management cost. Kiasu diversification is benefiting the management team and not the shareholders. The team is using pandemic as an excuse to prevent the same problem in the next pandemic which may be 100 years away from now.

The 49 cents placement was for the acquisition of QBM.

Positive News
1) QBM profit higher than Gurney
2) Stop the reinvestment program
3) Strong ringgit
4) Good earnings from IGBREIT (Good Peer's Result)
5) Strong tourism numbers

Negative News
1) Hire expensive management staff/key member
2) Reinvestment Program
3) Strong USD
4) Bad (property market) news from oversea (dividend bugs are afraid of slight instability in markets)
5) Political instability that affects tourism

Gurney Paragon will be toxic asset like those in KL if bought. The parking lot is so weirdly designed. Grabbing there is OK. The coming seafood problem can be a hit to Japanese restaurants.

Hi Hamley, yes I've seen the new flyover. Same thing for the nearby The Light Residence, the traffic seems a bit hard to get. Slight mistake in the path will take you far away from destination. You like IJM a lot? People queued up to buy The Light Residence 10 years ago. Been to Karpal Singh drive many times before. The waterfront attracted a lots of foodies no doubt about it. The nearby 渔人码头 is a strong attraction as well although not as good as the Taiwan Taipei version. CLMT may face strong competition in Penang. Just don't put all your eggs into one basket. As for the new issue of securities, check out all other REITs. Same thing happens all the time.

loneranger and Hamsley, I agree with both of you. Pre-pandemic = RM1.xx, if CLMT malls can recover 50%, it should be able to reach around RM0.75. RM1.00 or more is too optimistic although not impossible as QBM was not in the inventory before pandemic hit.

As for waterfront, The Light is a no-brainer as the traffic to and fro the place is a bit too complicated. Penang bridge's jam can hurt the business as well. Gurney Bay F&B can benefit Gurney plaza as well. Those who go to waterfront for Yam Cha may park in Gurney Plaza or even shop there before or after the gathering in waterfront.

Even the Straits Quay waterfront restaurant nearby Gurney Plaza wasn't a threat to the old popular mall.

Yes, Hemsley, the two most popular malls in Penang are not as crowded as before compared to pre-pandemic scenario. QBM is new to CLMT and the earnings can offset some of the bad assets in Selangor/KL. There are still quite a lot of empty lots in Gurney Plaza compared to fully booked + waiting list era. No need to worry about the waterfront thingy as Gurney Paragon (the GIANT mall that is located beside Gurney Plaza) was unable to steal much of the crowds despite their close proximity since its launch a few years back (to me mainly due to its parking setups).

No sharks nor syndicates. Just standard safety precaution before an election. Strong green wave may cause a market hiccup next week. Most likely market will rally next week unless Penang turns green.

It's easy to persuade the fault is on others(non-muslim) to earn votes.

Just like telling your kid that the faults are always on the teachers. Your kid will become your buddy easily.

Despite there is a big mall beside Gurney, the Paragon.

Most tourists go to either Gurney or Queensbay. ChatGPT always recommends Gurney as the shopping destination.

Obviously thing90 is not from Penang. Mall design and traffic to the mall are very important.

Focus will be on QBM. Can QBM offset the loss from 3 bad properties? To Penang people, it is a steal. To non-Penang people, the 3-toxic-properties is a heavy baggage to carry around.

Promoters Geng! Can push against the wave. Sending PE to the moon.

Even Mat Salleh cannot save anymore. Or Kwailou made it worse?

Freedom of speech?

Hope new director more efficient. The management cost is crucial to share price. Most likely the former tradition will keep going.

Official statement on prospects:

B3. Prospects for the Financial Year Ending 31 December 2023
Considering the semiconductor market outlook remains soft, 2023 remains a challenging year for the Group. The inventory level remains high and may take a longer period to digest, hence causing further deferment of expansion plans and uncertainty in capex spending as well as capacity ramp-up schedule in the market.
Nevertheless, we remain committed to our long-term business strategy to strengthen our position as a comprehensive solution provider to unlock a larger market share through the new product deployment.
In SEBU, our equipment platform designed for Mobility and Wearables segment, together with the introduction of the new Artificial Intelligence (AI) enabled product line, shall continue to contribute to the top line in 2023. The advanced Multiple Bin Sorting and Laser Bonding technology for High-Performance Computing (HPC) segment would form another significant revenue stream in the year. We are also continuously pursuing in the Power and Automotive segment to provide a multi-faceted solution for the industry.
In SMBU, we expect the momentum to gradually improve in the 2nd half of 2023 when most of our key customers will be launching their new products. The Mobility and Wearables (Smartphones, 5G and IoE), Automotives and High-Performance Computing (HPC) segments will remain our strong focus for an upside growth in the year.
Barring any unforeseen circumstances, we remain cautiously optimistic about the Group’s prospects for the financial year ending 31 December 2023. If the short term global economic headwinds improve, the robust growth momentum of the semiconductor industry will return.

Penang people should know the biz and crowd in QBM is better than Gurney. But profitability wise, it is still a question mark. Eventually, the profit from QBM will not be bad by just looking at the insane crowd and parking occupation rate everyday.

Not too bad either. Slow recovery. The revenue tells the story. Those, other than revenue, are about efficiency of the management,

The selling pressure might be hinting the QR this Thursday will be bad. Now it is the bet of no insider info leaking.

Privatisation is no longer a hype now. Maybe people are expecting a better performance of a kwailou. Kuku from other countries are longer mah.

It's a sunset streaming/broadcast platform. Lost in war of piracy.

Movie making and online shopping department still good.

Video quality better than TV boxes but lack of genuine 4k content which is not very different FHD content.

Promoting and discovering local artists. It's a stepping stone for talents. Without Astro talents need to travel to China or Singapore as stepping stone. The piracy is really hurting local talents and authority is not helping. TV box buyers are sponsoring China and indirectly supporting Putin (it's fine with many Malaysians as China/Russia can help punishing the money printing bully according to some's logic).

Huge sell queue by a few people everyday.

1) these people get these stocks for free
2) these people are afraid of potential financial crisis
3) these people are afraid of upcoming QR
4) these people are planning long holiday during Raya and reduce holding to have a peace of mind during trip

The profit now depends on the massive cost cutting steps taken by the new Kwailou CEO.

The profit now depends on the massive cost cutting steps taken by the new Kwailou CEO.

1. Praise China
2. Attack US
3. KYY is always wrong on prediction
4. Goto 1.

His post has the same meaning all the time. De-Dollaring is a slow process. Influencers like to make it like something that will happen overnight.

Singapore was a part of Malaysia for a few years. Tun M said Singapore is wrong to leave Malaysia. Malaysia can claim Singapore as China claim Taiwan.

Bob talks good about China. Not everything is bad for him.

He indirectly praised China as usual.

A lots of stock gurus are betting on ChatGPT now. Just like last time Sino-US trade war, they beat the drums that factories from China will move to Malaysia and as the result the tech stocks surged. Even stock gurus promote rubbish, rubbish will rise and then newbies will take the hit a few quarters a later as the reports will still be bad.

A few years before WWII, Germany's economy overtook UK and became world 2nd largest economy after US. Hxler then stirred up the mood for extreme nationalism like what is happening in China and Russia now.

Tun might not have 5 more years.

@zerosumplayer, it's just software. Machine learning hardware can make it run faster.

Lehman that time, money printer not ready. Now printer very versatile and can print any time any amount. Frontken PE 40 = promoters targeted target

ChatGPT is not a new thing. It's just AI. AI with knowledge from the web. ChatGPT has been making a lots of mistake lately. You dare to risk your life with ChatGPT. It's just another version of Google search.

Got a master announced in social media he is selling AAX after 200% profit.

Please 解救普通人

A lots of bank problems for the past 2 years in China but covered up by CCP. A lots of video leaked to Fa Lun Gong related Youtubers. A lots of protests.

We need neutral leaders not siding either China or US/West.