well u forgot to mention that the main reason malays are poor is because most malays are easily trapped when they believe politicians' propaganda who keep shouting out "undi parti saya untuk membela hak melayu", "ketuanan melayu" etc etc. it is true that voting these parties benefit the malays greatly. but most malays fail to realise that it is only the very small circle of malay cronies who benefit big time. just to give an example - when projects are given out, bumi companies owned by the cronies will get the project. then these cronies will subcon to another bumi company, then subcon again and again. in the end, yes....the malays benefit big, but how many malays? as long as most malays still believe the politicians, things will not improve. the worst fear of many bumi political parties is when the malays realise that only very few cronies benefit and stop believing those propaganda. but this is unlikely to happen in at least the next decade.

they won't pay dividend. it's already in the RM5.08 takeover offer. if they pay 15sen, takeover price will be reduced by 15sen.

sweetkeledek, its very clear that its a scam serba dinamik-style. just a matter of time before those investors who blindly believe the company get burned. fund raising very soon.

speakup, for sure not. but it's exciting to see profit taking. matter of time before it goes to RM5.

rating has been given to the proposed debt. the next step is to complete the due diligence, get the government approvals, issue the debt and complete the highway purchases. what's new in the press release was the expected debt issuance by 24 June 2022, 1 month earlier than the deadline for the deal on 31 July 2022.

https://www.ram.com.my/pressrelease/?prviewid=5986

the company is still massively undervalued at RM3. gas malaysia's revenue is calculated as a fixed percentage of gas price and gas price has been soaring because of russia. matter of time before gas malaysia's share price goes towards RM3.50 to RM4.

hahaha genetec a baby step still so desperate. he doesn't realise that small timers on i3 forum has no power to push the price up. it all depends on syndicates and funds.

TtreeInvestor, will not make much difference from the 40% stake they already hold.

cwc1981, no. you get RM2.21 cash but after that it is still listed with about RM0.43 cash and they will look for new businesses. have a look at nylex. its market cap went as high as RM100 million after the disposal even though they had a remaining cash balance of about RM10 million only. in my opinion, shareholders could get more than RM3 in the end and the market is mistakenly undervaluing scgm.

80gram, oh. you have definitely misunderstood it. 30 april is last day for gamuda and litrak to accept the offer. they have already accepted the offer 2 weeks ago. now it is ALR's turn to do due diligence and issue bonds to finance the highway. both gamuda and litrak will also conduct an egm at the same time. everything should be concluded by 31 July.

80gram, end april? very unlikely. you thinking too well about the government's efficiency haha.

stockraider/calvin, sell business/distribute dividend need court order? lol

stockraider/calvin, estimated egm in june, complete in july but get money in october? any explanation for this? lol

80gram, anything but property. personal preference.

80gram, i'll be voting against that if it happens.

speakup, i don't recall gamuda having anymore income generating assets after the highway sales.

hemsley, here it is.

https://klse.i3investor.com/web/blog/detail/shareseatreasure/2022-04-22-story-h1621549754-LITRAK_Investors_could_be_underestimating_the_upside

nikola, your calculation for irr is not wrong. what you're implying in your comment to hemsley is to sell now because you would get irr 1621% instead of getting RM5.08 on 31 July. but it is ridiculous to recommend in this manner since irr is time sensitive. unless he can get another gem from now until 31 July that will boost his 1 april - 31 july irr to be above 101%, then there is no point selling today. i'm sure you know what i'm talking about.

nikola, lol and then from today until 31 july 2022 where to get 1621% irr? where did you get your finance knowledge lol

hemsley, its very unlikely that the deal will fall through this time around because it must be done before elections so that BN can use this as an achievement and promise no future toll hikes. i will hold until the end and i expect this deal to be completed in june or july.

but i am quite sure that investors could be miscalculating the upside of litrak share price. investors have not considered the possible scenario where litrak remains listed as an empty shell company, providing a reverse takeover (RTO) opportunity to whoever who wants to list on Bursa. I'll be writing an article on this tomorrow.

hemsley, no. most of the cash is from their subsidiaries which is being taken over. the holding co has around RM7 million in cash which is about 1-2sen per share. so final proceeds distributed to shareholders should be around RM5.09-5.10.

lol hard push to the max. need to desperately offload before they start doing share placements to mask the huge negative cash flow? i read your earlier report.....or was it by another fake account of yours....there is no way on earth that a company like tesla will not pay their suppliers for 180 days. matter of time before this issue with genetec blows up into a scandal like serba.

from the increase in receivables, one can tell easily that the so-called 50% payment after 12 weeks did not come in.

from the increase in receivables, one can tell easily that the so-called 50% payment after 12 weeks did not come in.

so many jokers around. newest one from plantermen hahaha

all the shallow-minded people bashing kyy haha. yes he is wrong (sometimes intentionally) 90% of the time but you need to be objective. teck guan is in that 10%.

markgold and all the other shallow-minded gamblers gone into hiding haha

markgold, replanting and expanding plantation landbank is extremely expensive. teck guan does not earn the billions like sime darby plantation, ioi and klk. it's understandable in this case if no dividend is paid as long as profits are rising.

my only question to you is where is the cash? big profit but no cash inflow? do you think tesla will take more than 120 days to pay their vendors? we all know what happened to serba and all the karim companies...

At USD115 oil, there is no doubt we are looking at RM1 billion profit. It's a matter of time before share price increases significantly. But to make a lot money, there needs to be more fearful holders.

https://klse.i3investor.com/blogs/shareseatreasure/2022-02-25-story-h1599291164-HIBISCUS_Investors_have_clearly_miscalculated_the_upside.jsp

https://klse.i3investor.com/blogs/shareseatreasure/2022-02-23-story-h1599259328-A_TRUE_GEM_THAT_IS_UNDERVALUED_AND_PROTECTS_YOU.jsp

its no longer vincent tan. its jalil rasheed running the show. how do you think their companies can suddenly perform so well lol

mokluhanj21, yes and these so-called analysts are likely paid more than RM10k per month. its not just about more footfall at stores but also starbucks and krr introduced many new products which are more expensive and generate high margins. ie. better sales mix and this should sustain going forward. if profit for oct-dec 2021 is 3.5x higher than oct-dec 2020, it's likely that profit for remaining quarters can be 3.5x higher y-o-y. i'm very sure TP is closer to RM5. its just a matter of time

oct-dec 2020 was the period after mco 1.0 was lifted. and oct-dec 2021 was after mco 3.0 was lifted. very similiar conditions, just that profit this quarter was 3.5x higher.

quarterly results out. look at the operating cash flow..

my prediction last time is aaron tan will pop out from school again when ramssol for to 73sen. i am sure i will make a good psychic.

awwww aaron_tan thought he was right...but wrong again. smoke too much drugs already hahaha. if i were him, i would seriously question my intellectual ability.

wow rhb say resistance 84sen. it actually went to 83.5sen.

awwww aaron tan is back at 80sen. but didn't remember to say that he is still wrong until now hahaha. i think too busy preparing to go back to school in january until forget.

i want to test my psychic skills. i predict that aaron tan will go into hiding for a while then will be back here if ramssol goes back to 73sen or below. i think i'm a good psychic hahaha

hahahahahahahaha look who is back. how u calculate 0.73? eps 0.02sen with 350x pe multiple? hahahahahaha

let me tell you something about aaron_tan. he doesn't even know how to calculate eps. go have a look at ramssol forum to see all the things he had posted. so don't even bother about what he says here lol.

this may be the last article we see from this writer. serba has defaulted on its sukuk coupon payment and should be liquidated if they cannot show to debtholders that they can pay.

don't know how to calculate eps, then call others using bad words for pointing out the correct thing, then say that it is fully valued lol. if don't know how to calculate eps, it'll be interesting to see how he conclude it is fully valued.

hengff, no. their other customers like bisell, keurig and zodiac are americans. a us cbp ban would kill off more than 80% of their customers, just like ata.

the uob analyst is just ignorant. imagine a company being investigated for a potential violation and you ask the company for their views? which company will say "i may have violated"? ata also denied it at first and are actually still denying any violation until today. best part is he can even call it "dessert from the oven".

yes, it is andy hall. andy hall said vsi workers have complained to him and he will be investigating.

aaron_tan, bursa discloses in sen. not RM.