csan

csan | Joined since 2016-11-28

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Stock

2 days ago | Report Abuse

there are one off gains of RM31 million. not sure why people are celebrating

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1 month ago | Report Abuse

Penang Chief Minister Chow Kon Yeow, meanwhile, said PBAPP is expected to gain RM86 million a year with the tariff adjustment. "However, PBAPP still has to bear an estimated subsidy of RM78 million for the same period".

i am quite certain investors are making a mistake thinking pba earnings will fly very high. but anyway, congratulations to those who made money. if i were you, i'll sell everything tomorrow on opening. don't be the fool who chase high.

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2 months ago | Report Abuse

bye bye sime darby. got conned by umw haha

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2 months ago | Report Abuse

Syndicates, yes. as they keep extending and extending the deadline, there must be some obstacle. on sime's side, all done. on umw's side, there's some problem we don't know.

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2023-11-25 19:46 | Report Abuse

firehawk, he's probably not new in REIT but new in stock market lol

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2023-10-17 18:39 | Report Abuse

people didn't realise about this item from budget 2024. matter of time before this rule applies to commercial property and clmt will finally be able to monetise sungei wang plaza. when this happens, clmt's share price will double.

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2023-08-30 00:36 | Report Abuse

simple man, its not coincidence. it was a coordinated attack. only 2 reasons for this. some syndicate shorted or some syndicate wanted to collect cheap. but i didn't see the short position amounts last few days

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2023-08-30 00:31 | Report Abuse

"The MACC reportedly discovered that between RM6 to RM7 million in kickbacks were given by gambling companies to several high-profile individuals, including politicians, in exchange for the businesses being issued licenses to operate slot machines."

since when does rgb operate slot machines? but in any selldown, you can spread anything and people will believe haha

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2023-08-18 19:11 | Report Abuse

very likely mcement's quarterly results got leaked out. but hume's results seem to be very tightly guarded judging from the price movement before release last quarter. hume is actually superior compared to mcement. i will write a post on this soon. matter of time before hume increases the way mcement went up today more than 10%.

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2023-08-15 19:16 | Report Abuse

lawsuit against government - sure got compensation. just how much. if i am not mistaken, one investment bank said there was a clause in the contract saying RM700 million+ if the project is expropriated.

for now, awantec, myeg, scicom and few others will be hot due to re-awarding of border control project.

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2023-07-25 15:29 | Report Abuse

brandon99, lol qbm 1 quarter alone will offset the combined annual loss of all the 3 bad properties.

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2023-07-24 16:36 | Report Abuse

syndicates, it was somehow changed from hearing to case management on 20 july. the order is now scheduled to be given in 2 days on 26 july.

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2023-07-18 15:34 | Report Abuse

litrak will get the court order in 2 days on 20 july. and the capital repayment should be made around 1 month from 20 July.

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2023-07-17 12:00 | Report Abuse

matter of time before share price shoots up. easily a RM3 stock. what many don't know is that the price of cement shot up in May 2023. The % increase was nearly 10% in May 2023 vs April 2023. The increase in selling price in first quarter 2023 vs fourth quarter 2023 was only around 6% and we have seen the effect in their record first quarter results.

hoping that there is more profit taking for me to collect more.

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2023-06-23 17:22 | Report Abuse

it is a matter of time before clmt goes to 65-70sen. investors are still stuck thinking about their 2 struggling malls sungei wang and 3 damansara and have underestimated the effect of qbm to their future earnings and dividends.

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2023-06-13 11:27 | Report Abuse

this stock will rally when bayan mopu hits first gas at end of this month

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2023-05-29 22:59 | Report Abuse

samanthalee1024, no. it will be around 52-53sen. because there is some dilution from exercise of ESOS. 52-53sen assumes the RM1.7million interest per quarter remains the same in the upcoming quarters. but its likely to be a little higher because of OPR hike.

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2023-05-29 22:56 | Report Abuse

taitaumau, u got the sprint equity accounting right. brilliant stuff. very nice to work with people like you instead of those saying 49.5sen hahaha

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2023-05-27 16:12 | Report Abuse

m16454, lol companies have taken 5 years to regularise before

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2023-03-08 01:12 | Report Abuse

saparuddin1973, thanks for sharing the article. i forgot to mention about the starting date of Petronas' new annual CAPEX of RM60billion which is very important. I have updated my blog post to highlight this.

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2023-03-03 14:51 | Report Abuse

lol 4.5sen the risk also 4.5sen, rm1 also the risk rm1. stock market is not genting casino.

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2023-03-03 14:40 | Report Abuse

49.5sen to 54sen is not small money. just be aware of the risks pointed out by taitaumau earlier. but i do think the market is wrongly valuing it by taking the latest net assets and deducting RM10 million from that. they forget that there's another RM15 million that is hidden away. anyway, these kinds of pricing mistakes is how some of us can make money.

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2023-03-02 01:27 | Report Abuse

taitaumau, oh yes i missed that associates part out. so there is actually still another RM25 million not in the net assets of the balance sheet yet? well, now should be RM15 million after warranty claim and this would make the net assets approximately RM0.54. is that right?

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2023-03-01 14:14 | Report Abuse

taitaumau, as you pointed out earlier, government receivable around RM80million, retention sum around RM20million. but balance sheet only has RM75million receivable. any idea where is the balance RM25million? or is the RM75million in the balance sheet a conservative estimate?

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2023-03-01 10:41 | Report Abuse

the management must now make sure that litrak gets the highest interest income for its cash. last quarter litrak earned RM7 million in interest income.

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2023-02-16 15:29 | Report Abuse

unicornP, no no. that 13sen entry price is long gone haha. good for those who read and bought.

afata08, not easy to predict but i would imagine 1-2sen lower.

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2023-02-15 21:23 | Report Abuse

it might open hot tomorrow but i must advise to sell first then buy back later. the core profit this quarter is actually very low. the RM20million that you see is mostly contributed by one-off impairment reversal and positive tax. but also need to be aware that 4th quarter is usually a weaker quarter because of less o&g activity during monsoon season. so sell first and buy back later if you want for future quarterly profits.

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2023-02-06 22:52 | Report Abuse

ivanlau, no. its not going to iris. with niise, KDN will be able to do it themselves.

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2023-01-31 16:20 | Report Abuse

Q result? are you joking?

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2023-01-30 18:44 | Report Abuse

UnicornP, i would be happy to let go at around 20. but if you dare to keep it for a year, i have a feeling 30sen is possible. but never be greedy or fall in love with your investments.

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2023-01-28 00:42 | Report Abuse

warranty period ending. big money coming from ALR soon.

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2023-01-28 00:41 | Report Abuse

MetaStockResearch, u may need to think 101 times.

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2023-01-28 00:39 | Report Abuse

nylex is a good comparable as it is another cash shell. it is trading at around 4x it's cash value per share. it is a matter of time before scgm shoots past RM1, which is only 2x its cash value of 50sen now.

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2023-01-28 00:20 | Report Abuse

unicornP, making good money now? if you had followed and bought, very happy for you. this time needed a little patience.

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2022-11-30 01:19 | Report Abuse

just88, do u know that peb share price tripled from RM0.70 to RM2.10 when they announced the proposed acquisition?

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2022-11-22 00:54 | Report Abuse

scgm receiving court order next tuesday on 29 november 2022. we should get the capital repayment by 1st half of december.

just88, management's intention is to get a business and they have been approached by those in the EV and renewable energy space. this will cause the share price to shoot up way past the cash value like how jentayu sustainables did. i will not be surprised to see the share price going to RM0.80-1.00 (post payment of RM0.36 in December) when the acquisition proposal is made.

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2022-11-14 18:41 | Report Abuse

just88, now i understand. this should be for the RM9.6 million in future estimated expenses?

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2022-11-14 17:01 | Report Abuse

just88, are you referring to investment in securities as the non-trust cash?

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2022-11-14 02:10 | Report Abuse

taitaumau, the circular also says that the actual amount received compared to the estimate has always been +-5% historically. The future interest income should cover for any shortfall. and if i am not mistaken, there is also a WACC return on that retention sum that ALR has to pay to Litrak.

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2022-11-13 20:29 | Report Abuse

observatory, yes i actually took profit for most of my holdings at around RM4.90 and kept the rest. could have earned a little bit more if i had kept it all. and no, RM5.09 + interest accrued is not correct. it should be RM5.09 + additional RM8 million due to delay in completion + interest accrued. overall, it should not be a surprise if we get around RM0.55 in 11 months time.

just88, its capital repayment after liquidation. and what other assets does litrak have now other than cash in trust account? lol

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2022-11-12 21:50 | Report Abuse

pogbaggmu, your calculation is correct but don't be so sarcastic. observatory made a mistake and is in denial. its quite common.

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2022-09-01 15:26 | Report Abuse

just88, read again.

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2022-08-30 15:52 | Report Abuse

yes i am aware. the only thing that is important is ALR issuing the sukuk.

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2022-08-30 14:44 | Report Abuse

lol do you realise that this is litrak the issuer and this is about litrak's existing debt? we want to see ALR the issuer, not litrak the issuer.

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2022-08-29 08:52 | Report Abuse

everyone....be prepared to laugh at the latest clown in town, rohank71.

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2022-08-23 10:29 | Report Abuse

instead of rebutting the 15-20sen upside, he talks about senior citizens. hahahaha

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2022-08-23 10:28 | Report Abuse

ironshirt, the correct word is vast amount of bullets instead of spare time. looks like we're not in the same league then awww. secondly, you think the court is your grandfather take 9 to 15 months to issue court order? hahahaha