Earning may not rebound so soon. Share price I have no idea

seems like a lot of angry souls here.

I think IWC is pending official announcement from MOF. As of EKOVEST, not directly related.

一个EPS, NTA, ROE, PE 都处于良好的公司股价一直创新低，很明显是进场的好机会。股价会随着时间慢慢调整回升，这是不变的定律。

如果你看不出 ＬＯＮＤＯＮ　ＢＩＳＣ问题在哪里，那么你的投资经验还是不够。

Superb Result.
Magni is a proxy to investing in NIKE. NIKE never fail to show growth for the past 10 years.

@klchai123 if your focus is food, probably should go layhong or QL rather than HEVEA

In my opinion, mushroom is a stupid idea. Just hope for RTA and Particle Board

If you need to form so many hypothesis to convince yourself to buy this stock, then better don't

Don't assume Liihen will be good result.

@lazycat
I pick ECOHLDS for a couple of reasons :
1). New Major shareholder took over at a higher price than now.
2). New Major shareholder has experience in construction sector. This help to transform the company from Digital Content to Construction.
3). The company was initially having quite a bit of net cash, almost equal to the market cap.

@Tan KW
looks good now. Thanks :-)

Mr Tan, not sure why I portfolio is empty.

http://klse.i3investor.com/servlets/pfs/116355.jsp

Mr Tan KW,
Here are my stocks selection for contest.

YEE LEE 10%
AIRASIA 15%
MAGNI 15%
YOCB 10%
JHM 10%
Binacom 10%
VSTECS 10%
ECOHLDS 10%
SUPERLON 10%

Thanks and Regards

For those who believes MNRB is a good company, please think deeply why right issue when the company is sitting on cash pile.
Current MNRB valuation may be cheap but good is not an appropriate description.

Put it this way.

Lay Hong did not cook their book. If Lay Hong cook their book you can blame the auditors.
Otherwise blame yourself for believing the "too good to be true story" and high valuation associated with Lay Hong.

If you never learn the lesson, you will make the same mistake over and over again.

You have a decision to make now. Lay Hong is making loss, debt is high, cash level is low, Management is incompetent. Sell or hold ? Again if you hold and Lay Hong drop another 30%, don't blame others.

Typically for manufacturing, line startup will not consume much cash but the additional depreciation will make the P&L looks even worse unless the utilization rate is high.

The current CEO was appointed on Nov 2016,
The Tembusu deal was initiated as early as 2015.Where is the link ?

1). Even if Layhong can achieve NP/Qtr of 10m post JV, that is only enough to justify a slight increase of current stock price. Layhong cannot be given a PE of 10 or above.

2). Go and check the balance sheet of Layhong. Too little cash and too much debt. Probably right issue coming.

3). Weak RM will cause raw material of Layhong to rise. Fortunately corn price also went down. Otherwise Layhong may even make losses.

Those who missed FPI, PIE is the next boat.

Who wrote this piece of stupid news ?
Market up because Democrats will take the house, not because GOP will be able to defend.

qqq3 One party will suffer badly under the FundmyHome scheme.
Landlords!!!

1). I suspect the initial 20% can be in the form of housing loan as well. As long as Bank and the Institution can sort out ownership agreement, approval of housing loan is likely. Term of the loan however, should not be more than 5 years.

2). The deal is good for a house buyer only under the following conditions :
2a). The house buyer is currently renting. By moving to this, he is essentially on a rent-to-own scheme.
2b). The house buyer is not looking for capital appreciation, but a genuine house owner who would like to own the house after 5 years.

3). For a genuine house owner, you will not care if the price went down.

4). If the price went up at the end of 5 years, going for a bank loan would be easier with 20% paid. Some may argue that at the end of 5 years, if price goes up, house buyer would need to fork out an even bigger amount. Then again owning 20% is better than owning none.

5). If the price went up beyond affordability, sell the 20% stake and move to a cheaper house. The home owner get 5 years free stay and all the money back. How nice.!

The plan is very innovative.
What I feel pathetic about is that our MOF and PM run out of ideas and need to stole the thunder of a Business man. Maybe Tong Kooi Ong should be appointed as Minister of Finance instead.

I am not sure who will win, but I like the way China pull back the negotiations. No point negotiate with an idiot.
Let the game begin.

Hold there. Close the gap.

The main difference between investing with and without margin is that without margin, one has the option to sit through the bear cycle ignoring the share price, purely focusing on fundamentals.
With margin applied, one has to pay attention to price movement, to avoid margin call.

A more moderate approach would be using margin without going to the max.
Example : -
Only apply margin of 100K if the portfolio is 1 million.

All players in plastic industry are suffering:
Tguan, Scientex, Superlon, SCGM

I suspect apple168 wants to collect cheap. Why not Apple168 sell him stake at RM3 ?
I am interested.

probably down 20sen on Monday.
No way TP 3.

Economic downturn will 100% not affect Magni.
Trade war will likely not affect Magni but no one can be sure on this one.
As for wage hike, this is one hell of a headache.

By the way, world cup will have no positive impact on Magni as well. Those who think so has not follow MAGNI or NIKE long enough.

A bit surprised that no sweetener was offered for the TRIPLC RPT.

And Limit down if BN were to lose Putrajaya.

KAhhoeng, there's nothing minorities in deciding the direction of the company in almost all cases. The only thing minorities can do is to decide if stay invest or dispose and chose another company.

@madguy Triplc will become a company with around 3.04 net cash after the takeover of the business by puncak. Triplc will then distribute 1.95 special div from the 3.04 net cash. As for the balance of around 1.1, not sure.
However, please do not calculate exact 3.04 for Triplc. There will be some cost so final number may be closer to 3.00

All motion passed. Almost 98% of shares vote for the take over.

I have Triplc share and I am not happy that the offer is only RM 3 because just the land itself is already RM 5.
However, I willingly vote for the motion. Result should be out by today.

Learnings from Puncak acquisition :
The best weapon a minority shareholder has against a major shareholder is to decide if he wants to continue invest or dispose the investment. Trying to influence the direction of a company will not work and not necessary as well. Our objective it not the well being of Puncak, rather the well being of our money. There is definitely better companies than Puncak.

Puncak EGM completed with motions approved.
Next will be Triplc EGM tomorrow.

1). 3.8% of share holding voted against.
2). From 26 shareholders

@newbie4444
because of the toll roads

Stop talking about World Cup. World Cup has no close to zero impact on revenue of NIKE, PROLEXUS or MAGNI. If you do not believe me, go and compile NIKE revenue history.

If you are hoping for world cup to improve the revenue, good luck.

KW,

My Pick :

1). Chinwell
2). YOCB
3). SSTEEL
4). EKOVEST
5). TRIPLC

20% each. Thanks.

Future of Bitcoin , I have no clue.
Promoter of Bitcoin in this page, I see no class.

5 maybe
4 I doubt

1.95 in cash, potentially another 1.00 after another year. Given Rozali's reputation, I would give the RM1.00 a discount, valuing it at 0.3.
That would put triplc at RM2.25

No way Triplc will go 3.40

Result not great but at least meet the passing mark of 6 million.

Rozali needs the deal to be successful in order to keep Puncak. Paying dividend does Rozali no harm at all because he himself will get a big chunk. Rozali cannot vote in Triplc EGM so he will make the deal sweet enough so that the minorities will vote yes. Assumption :
1). A large special dividend for TRIPLC shareholder, probably RM 2.0 - 2.2 to get a yes from the minorities in the EGM.
2). A smaller special dividend for PUNACK shareholder, to get a yes in the EGM.
Getting a yes in Puncak EGM will be easier compared to Triplc EGM.

kahhoeng Your plan to trade Puncak may not bring you much profit unless you have adequate skill and experience in trading and TA. A better choice would probably be holding Puncak until earnings from Triplc trickles in. The concessions from Triplc will definitely makes money. If Puncak cash out on Lands from Triplc, we will see better cash level.

@kenz88 Ha Ha Ha
You need to study the cash flow statement and balance sheet in more details.

Typical pump and dump stock.
Stay away

4 companies will potentially benefit from rise of price in Corrugated Boxes:
Orna , PPHB , Master and Muda.
I will avoid Muda until I understand their debt situation.
I would say best bet is Orna , followed by PPHB and Master