Its subsidiary POs's latest Q results is OK but its share price had also dropped back from 4.19 to 3.85

Someone said its currently fully valued.

Maybe its already overvalued.

Checked DRB's 52 wk low price was 0.775

What's going to happen if its coming Q results report another huge multi million loss ? Bearing in mind its Proten is not doing well

Can its share price re visit its low price>

Checked DRB's 52 wk low was 0.775.

If its coming

ADDITIONAL POSITIVES ARE THE REASONABLY MUCH LOWER GEARING (A HIGH OF 7.7x a few years ago TO ITS CURRENT 3x due to disposals of large non core assets)

Tropicana has actually paid 7 sen D last year INCLUDING TREASURY SHARES. HENCE WILL MOST LIKELY DISTRIBUTE ITS HOLDINGS OF 20.1M SUCH SHARES AS PART OF ITS FINAL D FOR 2016.

FOR 2016M I NOW THINK TROPICANA WILL MORE LIKELY SIMPLIFY THEIR DIVIDENDS BY HAVING ONLY 2 PAYMENTS i.e. 1st interim of 2.5 sen (just declared) Plus 1 Final D WHICH WILL LIKELY NE A COMBINATION OF CASH D 3.5 SEN AND 1.388 TREASURY SHARE DIVIDEND (to be announced together with their 4Q/FULL YEAR RESULTS DURING FEBRUARY 2017)

TOTAL DIVIDENDS CAN STILL TOTAL 7.388 SEN.

JUST SAFELY BUY AND ACCUMULATE FOR SUCH HIGH DIVIDEND YIELDS TO BE COLLECTED IN ABOUT 3 MONTHS TIME.

(NOTE. ALREADY HAVE 20.1M TREASURY SHARES = 1.388 SHARE D PER 100 SHARES HELD)

OTHER FUNDAMENTALS INCLUDE NTA RM2.19
UNBILLED SALES RM2.6B GIVING GOOD EARNINGS VISIBILITY OVER THE NEXT 3 YEARS AS THESE BECOME PROGRESSIVELY COLLECTED FROM PURCHASERS.
STILL GOT VAST LANDBANKS IN PRIME AREAS IN KL, PJ, WITH GDV WORTH RM50B.
LAST YEAR PAID 7 SEN DIVIDENDS

LAST YEAR PAID 7 SEN DIVIDENDS (OVER 2 INTERIMS PLUS THE FINAL DIVIDEND)

THIS YEAR JUST DECLARED 1ST INTERIM 2.5 SEN FOR ITS 3Q RESULTS

HOPEFULLY IT WILL GIVE A 2ND INTERIM D WHEN RELEASING ITS 4Q RESULTS (AS AT 31/12/16) NEXT FEB 2017. THIS WILL BE GREAT AS WE CAN THEN POSSIBLY GETS A FINAL D (MAKING A TOTAL OF 3 DIVIDENDS AGAIN LIKE LAST YEAR) FOR ITS FULL YEAR RESULTS. THIS 2ND INTERIM CAN BE IN THE FORM OF FREE TREASURY SHARES. IT NOW ALREADY HAS AT LEAST 2O.1M TREASURY SHARES EQUIVALENT TO 1.388 SHARES PER EVERY 100 SHARES HELD( OR ABOUT 1.388 SEN SHARES DIVIDEND)

NORMALLY A FINAL DIVIDEND WILL BE PAID (ESPECIALLY FOR COMPANIES LIKE TROP WHO ARE NOW CASH RICH FROM DISPOSALS OF LARGE VALUE NON CORE ASSETS WHICH HAD REDUCED ITS GEARING FROM 7.7x to now <3 x AND WHOSE BUSINESS IS STILL CONSIDERED VERY PROFITABLE). LET SAY 3.5 SEN AS FINAL D.

TOTAL DIVIDENDS FOR 2016 WILL THEN BE :-

1ST INTERIM (DECLARED) 2.5 SEN CASH

2ND INTERIM (HOPEFULLY) 1.388 SEN EQUIVALENT OF 1.388 TREASURY SHARES

FINAL D (NORMALLY GIVEN) 3,5 SEN CASH (ESTIMATE)
----------------------------------------------------------------------------------------------------------------------
LIKELY TOTAL DIVIDENDS = 7.388 SEN
==========================================================================

TROPICANA SHARES WILL CONTINUE TO BE A BEAUTIFULLY HIGH DIVIDEND YIELD STOCK AT 7.388 SEN OR 7.388% (EXCEEDING LAST YEAR'S 7SEN)

(MUCH HIGHER THAN BANK FIXED DEPOSITS OF 3 TO 4 % PER ANNUM i.e.. FOR A FULL 12 MONTH PLACEMENT)
TROPICANA'S DIVIDEND ESTIMATED YIELD OF 7.388% GIVES MUCH HIGHER RETURNS AND YOU NEED TO WAIT ONLY FOR 3 SHORT MONTHS (DEC 2016 TO FEB 2017 with the 1st interim d receivable soon)

I PERSONALLY LOVES TROPICANA SHARES FOR ITS STRONG FUNDAMENTALS (NTA RM2.19) AND ITS VERY ATTRACTIVE DIVIDEND YIELDS.

MBSB'S CURRENT 2 YEAR IMPAIRMENT PROGRAMME FOR RM1.4B IS TO IMPLEMENTED UP TO 2017.

SINCE THE IFRS9 IS TO IMPLEMENTED FROM 2018 THIS COULD POSSIBLY MEAN ITS IMPAIRMENT AMOUNT WOULD
INCREASED AND EXTENDED AT LEAST INTO 2018

JAY. YOUR POINTS ON THE ACTUAL DECLINING PROFITABILITY OF MBSB (EXCLUDING ITS IMPAIRMENT FACTOR) OF ITS PAST FEW YEARS ARE REVEALING.

MEANS WE NOW HAVE TO CONSIDER THE SITUATION WHEREBY MBSB'S PROSPECTS MAY NOT BE THAT PROMISING BASED ON THE COMBINED
NEGATIVE FACTORS OF DECLINING CORE EARNINGS PLUS HIGHER PROVISIONS/IMPAIRMENT OVER AND ABOVE ITS CURRENT IMPAIRMENT OF RM1.4B DUE TO THE ACCOUNTING REQUIREMENTS UNDER IFRS9

JAY. IT SEEMS U ARE FROM AN ACCOUNTING OR BUSINESS FINANCE BACKGROUND.
THE IFRS 9 SENSITIVITY TESTS CITED TO NEGATIVELY IMPACT BANKS AND FINANCIAL LENDERS BY INCREASING THEIR PROVISIONS/IMPAIRMENTS BY 30% TO 300%. IS HUGE AND SCARY. HENCE PLSE ASSIST TO CLARIFY HOW THE IMPENDING IFRS 9 WORKS (NO NEED TO BE DETAILED. JUST ITS MAIN PROVISIONS)

AGREED . STRONG FUNDAMENTALS
NTA OR AUDITED VALUE OF EACH SHARE IS RM2.15
PAR VALUE RMI
1Q PROFIT 16M
2QCPROFIT 33M
YTD 1H YEAR PROFIT RM49M
2Q PROFIT DOUBLED THAT OF 1Q
RISING PROFITS LIKELY TO SEE COMING 3Q PROFITS TO INCREASE EVEN FURTHER.
HIGH DIVIDEND YIELD STOCK. LAST YEAR PAID 7 sen dividends

ANNOUNCEMENTS NEXT FEW DAYS

IN LARGE SCALE BUSINESS OPERATIONS, ESPECIALLY WITH SOME FOREIGN/INTERNATIONAL CONTRACTS, 2 CRITICAL FACTORS TO CONSIDER ARE
(A) ANY HIGH BORROWINGS/GEARINGS IN PARTICULAR IF GOT BIG FOREIGN CURRENCY DENOMINATED LOANS
(B) OUR FOREIGN EXCHANGE RM/USD LOANS EXPOSURES

IF THE ABOVE ARE BIG, THEN EVEN MORE CONCERNS BCOS WHEN OUR RINGGIT GOES DOWN A LOT (HAPPENING NOW)THEN SUCH FOREIGN LOANS WILL JUST BLOW UP IN RINGGIT VALUES AND THE BORROWING COMPANIES WILL BE HIT BADLY.

MEANWHILE EXCESSIVELY HIGH BORROWINGS WILL CONTINUE TO DEPRESS YOUR BUSINESS MARGINS = HIGH BANK INTEREST COSTS = TO LOW PROFITABILITY

IT ACTUALLY TOOK TROPICANA 3 TO 4 YEARS TO REDUCE ITS GEARING FROM 7.7x to its present < 3x which is safe and comfortable and which must be the gearing level to be aimed for by WCT

WCT’s 9M16 core net profit of RM73.9m came in below our expectation, making up 64% of FY16 net profit.
Net gearing increased to 0.9x
We retain our forecasts and recommendation pending management guidance and analyst briefing to be held later today
HOLD rating with an unchanged TP of RM1.68. Quarterly numbers fell but improved on yearly basis.

ABOVE ARE SOME COMMENTS FROM ANALYSTS
=========================================
EXCESSIVELY HIGH BORROWINGS WITH GEARING AT 9x is a big concern.
Need to undertake a degearing exercise which could take some years to achieve

OR MAYBE CURRENT SHARE PRICE AT 4.10 HAD ALREADY REACHED
SOME ANALYSTS PRICE TARGETS

HI CHAR. DID SOME CHECKING. JUST REALISED
POS SHARE PRICE HAD ALREADY DOUBLED.
THIS ALERTED ME TO YOUR VIEW THAT AT CUTRRNT PRICE POS CD BE ALREADY FULLY VALUED.
WHAT ARE YOUR BASIS TO COME TO THIS CONCLUSION? ITS CURRENT P.E.?
SOME

EXPECTING A GOOD 3Q RESULTS N PROFITS PLUS A DIVIDEND ANNOUNCEMENT OF A COMBINED CASH DIVIDEND AND TREASURY SHARE DISTRIBUTION.
WILL BECOME PART OF THE COMING SANTA CLAUS RALLY + YEAR END/CNY RALLY.

1Q RESULTS N PROFITS WERE BETTER . 2Q RESULTS TO BE OUT SOON SHOULD CONTINUE TO GO HIGHER. OF COURSE ANY TIE-UPS WITH ALI BABA, THE GLOBAL GIANT IN WORLD E-COMMERCE (SIMILIAR TO THAT WITH SINGPOS ) WILL BE EXCELLENT.
HIGHER 2 Q PROFITS AND THE ANTICIPATED SANTA CLAUS/YEAR END RALLY WILL BE BULLISH FOR POS SHARE PRICES

AGREEC CORE EARNINGS ARE IMPORTANT. STIL THE REVOCATION DEAL WILL REDUCE ITS BORROWINGS BY QUITE A BIG AMOUNT OF RM147M CASH THUS REDUCING ITS INTEREST COSTS N INCREASE ITS CORE EARNINGS.
AGM THIS WEDNESDAY.
ANYONE GOING CAN ASK HOW WCT IN PAVILON GROUP CAN BENEFIT MALTON

IN ADDITION TO THE RM50M REVOCATION FEE TO BE RECEIVED , ECOWORLD WILL ALSO PAY OFF RELATED LOAN OF RM97M THUS REDUCING MALTONS BORROWINGS/ GEARING N INTEREST COSTS, A POSITIVE FOR FUTURE PROFITS

1Q RESULTS JUST MISSED THE RM50M REVOCATION FEE FROM ECOWORLD. THE EXTRAORDINARY CAPITAL GAIN OF RM36.6 M WILL THUS BE REGISTERED IN THE 2Q RESULTS
CAN EXPECT NEXT Q PROFITS TO JUMP UP

HI, I AM STILL HOLDING SOME MALTON.

UPDATING ON MBSB LOAN IMPAIRMENT PROGRAMME
==============================================
SINCE WE ARE NOW DISCUSSING ON MBSB’S COMING 3Q RESULTS, IT MAY BE TIMELY TO EXCHANGE VIEWS AND ANALYSIS ON THE ATTACHED REPORT WHICH I HAD JUST CAME ACROSS :-

HOW WILL THIS RISING TRENDS IN PERSONAL LOAN DEFAULTS & DELIQUINCIES AFFECT MBSB?
DOES IT NEED TO INCREASE ITS PROVISIONINGS FOR ITS IMPAIRMENT AMOUNT FROM RM1.4B ? OR DOES IT HAVE TO EXTEND ITS IMPAIRMENT PERIOD TO BEYOND 2017?

My own personal observations:-
1 : Malaysian household indebtedness at 89% of GDP is among the highest in Asia. In a slowing economy many borrowers will find it increasingly hard to service their loans. Aggravated by increasing inflation (rising cost of living like GST, withdrawals of subsidies for essentials like electricity, petrol, tolls, public transports, cooking oils, etc) compounded by falling Ringgit value where all imported goods & services and overseas expenses like foreign university fees are all becoming more costly.
2 : Slowing, softer property markets, especially in the apartments & condos sectors also directly affected the borrowers’ ability to service their loans. More n more borrowers with multiple properties are finding it difficult to sell or rent out their apartments. Rentals had also dropped by 30%. Hence unrented or rented at 30% less are causing the rising stress and defaults among borrowers especially in the personal loans and housing loans sectors.
(Attached article appeared in www.theedgemarkets.com on 7/11/2016. Unable to copy & paste the financial figure given on “market share of top players in personal loan/financing” and on “GIL or gross impairments loans”.
(plse refer to
http://www.theedgemarkets.com/en/article/rising-stress-personal-loan-space


Rising stress in personal loan space
Author: Tan KW | Publish date: Sat, 5 Nov 2016, 05:35 PM
________________________________________
By Surin Murugiah / theedgemarkets.com | November 5, 2016 : 9:46 AM MYT




KUALA LUMPUR (Nov 5): Personal loans in the banking system have seen steady growth despite the weaker economy, according to the Edge weekly.
In its latest edition, the magazine however said there are increasing signs of stress bubbling in that space that bear watching. It is the only loan segment within the household sector where gross impaired loans (GIL), in absolute terms, are continuing to grow at a rapid double-digit annual pace this year.
The Edge’s Adeline Paul Raj wrote that it is also the segment with the highest GIL ratio in the household sector.
The weekly reported that as at September this year, GIL in the personal loan segment grew 31.7% year on year to RM1.37 billion, according to Bank Negara Malaysia’s latest monthly statistics on the banking system. The growth pace was much faster than that in the credit card (5% to RM496.3 million) and mortgage (2.9% to RM5.31 billion) segments.
On a year-to-date basis, GIL growth in the personal loan segment stood at 15.1%, compared with 3.4% in credit cards and 5.6% in mortgages, it said.
The magazine cited a banking analyst as pointing out that as far back as August 2010, only 3.2% of the banking system’s total non-performing loans came from the personal loan segment, but the proportion has since grown to 5.6% as at September this year.
The Edge said the GIL ratio for personal loans, while still relatively low, has crept up over the year from 1.87% as at December 2015. It deteriorated to 2.1% as at September, higher than the overall banking system’s GIL ratio of 1.6%. It was also the third highest GIL ratio of all loan segments after construction (7.21%) and working capital (2.5%).
Bankers who The Edge spoke to say they are closely monitoring the asset quality situation, but are also quick to point out that personal loans account for only a small portion of overall banking loans.
Indeed, to put things in perspective, Bank Negara’s data shows that as at September, personal loans accounted for just 4.4% or RM65.34 billion of total loans outstanding in the banking system. And, they accounted for about 9% of outstanding household loans.
For details on the direction of personal loans in the country and the stress from it, read the Edge for the week of Nov 7 – Nov 13 available at newsstands now.

http://www.theedgemarkets.com/en/article/rising-stress-personal-loan-space

THE UNEXPECTED TURN OF EVENTS FOR THE US ELECTIONS AND THE WORLD STOCK MARTS BECOMING BULLISH DID CAUSED ME TO MISS SOME MONEY MAKING OPPORTUNITIES.
I DO NOT WISH TO ALSO MISS OUT ON TROPICANA NOW

LET HOPE MY RENEWED CONFIDENCE IN BURSA ESPECIALLY TROP WILL BE REWARDING.

BEST OF LUCK TO ALL

HI. MY FEARS AS DESCRIBED IN MY EARLIER POSTS ALSO CITED THE US PRESDIENTIAL ELECTIONS BASED ON THE DIRE FORECASTS IF TRUMP WINS. IN FACT MY FEARS WERE PROVEN AS ON THE 8/11 AS TRUMPS WAS ON COURSE TO WIN WORLD MARKETS FELL A LOT, INCLUDING OUR BURSA. AND THE DOW FUTURES INDEX WAS DOWN 900 POINTS.
HENCE MY DECISION TO EXIT BURSA INCLUDING TROP WAS JUSTIFIED. BUT REGRETTABLY THE DOW UNEXPECTEDLY TURNED UP 330 POINTS INSTEAD OF CRASHING. AND IT RALLIED FOR 7 DAYS.
HENCE TRUMP PRESIDENCY TURNED WORLD MARTS BULLISH FOR HIS PRO GROWTH POLICIES. THESE ARE THE REASONS I HAD ALSO NOW TURNED BULLISH. I AM NOW BUYING BACK INTO THE MARKET, INCLUDING TROP. WHY TROP AGAIN? I WAS IN BOTH MALTON AND TROP. WHILE MALTON WENT UP 26% TROP HAS NOT YET REBOUND UP. BOTH ARE FUNDAMENTALLY STRONG. TROP IS IN FACT HAS MUCH BETTER FUNDAMENTALS. AND I NOW BELIEVE 3Q RESULTS TO BE OUT THIS MONTH WILL BE GOOD (RM3B UNBILLED SALES GIVES GOOD EARNINGS VISIBILITY. ITS MUCH LOWER GEARINGS FOR THE PAST 2 YEARS WILL REDUCE ITS BANK INTEREST COSTS A LOT. IT MUST HAVE GOOD FREE CASH FLOWS AS IT EARLY SETTLED ITS RM250M MEDIUM TERM NOTES RECENTLY, ETC)
I GOT BACK MY CONFIDENCE IN TROP BASED ON THE ABOVE AND I BELIEVE ITS 3Q PROFITS WILL BE GREAT. TROP HAD NOW RESUMED BUYING BACK ITS OWN SHARES. ABT 19.8M TREASURY SHARES ARE NOW AVAILABLE FOR FREE DISTRIBUTION TO SHAREHOLDERS. ALSO SINCE THEY OMITTED ANY INTERIM D FOR THE 1ST 2 Q RESULTS, I BELIEVE DIVIDENDS(CASH D + TREASURY SHARES) WILL BE GIVEN WHEN ITS 3Q RESULTS ARE ANNOUNCED ANY TIME IN NEXT 1 TO 2 WEEKS

GIVEN THE RIGHT GOOD NEWS AND ANNOUNCEMENTS IN THE NEXT 2 WEEKS (HIGHER 3Q RESULTS/PROFITS PLUS DIVIDENDS, TROP SHARE PRICE CAN MOVE UP.

MY PAST HAPPY EXPERIENCE. A FEW TIMES BOUGHT AROUND 1.02 SOLD BETWEEN 1.18 TO 1.28. IN SOME CASES ALSO REAPED ITS DIVIDENDS AS WELL.
SOLID FUNDAMENTALS. MY CONFIDENCE HAS GROWN

TROPICANA : A REVIEW AND UPDATE
================================
LIKELY REBOUND AND START OF A NEW UPTREND IN ITS SHARE PRICE BASED ON THE FOLLOWING BULLISH CATALYSTS:-
1) IT IS EVEN MUCH MORE UNDERVALUED THAN MALTON.
TROP NTA 2.15.
WHILE MALTON’S NTA IS 1.60, MALTON’S SHARE PRICE HAD ALREADY RECENTLY RISEN A LOT (FROM 0.60 TO 0.755 A VERY GOOD UP 26%)
WHEREAS TROPICANA’S SHARE PRICE IS STILL AT ITS LOW OF 1.01.
TROP’S SHARE PRICE SHOULD BE THE NEXT TO MOVE UP.

2) LAST FEW YEARS TROP SOLD MULTI BILLIONS WORTH OF NON- CORE ASSETS. MORE CASH INFLOWS EXPECTED FROM THE RECENT SALE OF ITS PUDU PROPERTY FOR 58M AND ITS JOHORE LAND FOR 570M.
SUBSTANTIALLY REDUCED ITS BORROWINGS/GEARING FROM HIGH 7.7x to THE COMFORTABLE less than 3x NOW.
FREE CASH FLOWS HAD IMPROVED SO MUCH THAT IT RECENTLY MADE AN EARLY SETTLEMENT OF RM250M OF ITS MEDIUM TERM NOTES(LOAN). GEARING WILL BE REDUCED FURTHER, THUS REDUCING ITS INTEREST COSTS AND INCREASE ITS PROFITS.
3) EXPECTING ITS 3Q RESULTS/PROFITS TO JUMP UP DUE TO STILL SUCCESSFUL LAUNCHES OF ITS PROJECTS DUE TO THEIR PRIME LOCATIONS. 3Q PROFITS TO BE BOOSTED BY MUCH LOWER INTEREST COSTS AS BORROWINGS HAD BEEN GREATLY REDUCED FROM SALES OF LARGE VALUE NON- CORE ASSETS.

PROSPECTIVE GOOD DIVIDENDS ANNOUNCEMENTS IN THE NEXT 2 WEEKS.
LAST YEAR PAID A GOOD 7 SEN.DIVIDEND, ONE OF THE HIGHEST DIVIDEND YIELDS IN BURSA
LIKELY TO ANNOUNCE AN INTERIM DIVIDEND (A COMBINED CASH DIVIDEND AND TREASURY SHARES ( TODATE ALREADY HAS 19.8M TREASURY SHARES)
GETTING VERY POSITIVE AND OPTIMISTIC ON TROPICANA SHARE PRICE
TIME TO MOVE UP AFTER A VERY LONG CONSOLIDATION
(the above comments are my personal views & evaluation n for exchange n discussions)

UPDATING ON MBSB LOAN IMPAIRMENT PROGRAMME
----------------------------------------------------------------------------------
HOW WILL THIS RISING TRENDS IN PERSONAL LOAN DELINQUENCIES AFFECT MBSB?
DO IT NEED TO INCREASE ITS PROVISIONINGS FOR ITS IMPAIRMENT AMOUNT FROM RM1.4B OVER 2 YEARS ? OR HAVE TO EXTEND IT TO BEYOND 2017?

Rising stress in personal loan space
Author: Tan KW | Publish date: Sat, 5 Nov 2016, 05:35 PM
________________________________________
By Surin Murugiah / theedgemarkets.com | November 5, 2016 : 9:46 AM MYT



KUALA LUMPUR (Nov 5): Personal loans in the banking system have seen steady growth despite the weaker economy, according to the Edge weekly.
In its latest edition, the magazine however said there are increasing signs of stress bubbling in that space that bear watching. It is the only loan segment within the household sector where gross impaired loans (GIL), in absolute terms, are continuing to grow at a rapid double-digit annual pace this year.
The Edge’s Adeline Paul Raj wrote that it is also the segment with the highest GIL ratio in the household sector.
The weekly reported that as at September this year, GIL in the personal loan segment grew 31.7% year on year to RM1.37 billion, according to Bank Negara Malaysia’s latest monthly statistics on the banking system. The growth pace was much faster than that in the credit card (5% to RM496.3 million) and mortgage (2.9% to RM5.31 billion) segments.
On a year-to-date basis, GIL growth in the personal loan segment stood at 15.1%, compared with 3.4% in credit cards and 5.6% in mortgages, it said.
The magazine cited a banking analyst as pointing out that as far back as August 2010, only 3.2% of the banking system’s total non-performing loans came from the personal loan segment, but the proportion has since grown to 5.6% as at September this year.
The Edge said the GIL ratio for personal loans, while still relatively low, has crept up over the year from 1.87% as at December 2015. It deteriorated to 2.1% as at September, higher than the overall banking system’s GIL ratio of 1.6%. It was also the third highest GIL ratio of all loan segments after construction (7.21%) and working capital (2.5%).
Bankers who The Edge spoke to say they are closely monitoring the asset quality situation, but are also quick to point out that personal loans account for only a small portion of overall banking loans.
Indeed, to put things in perspective, Bank Negara’s data shows that as at September, personal loans accounted for just 4.4% or RM65.34 billion of total loans outstanding in the banking system. And, they accounted for about 9% of outstanding household loans.
For details on the direction of personal loans in the country and the stress from it, read the Edge for the week of Nov 7 – Nov 13 available at newsstands now.

http://www.theedgemarkets.com/en/article/rising-stress-personal-loan-space.

(Disclaimer: just sharing latest news. Not Calls to buy or sell any shares)

ABOVE ARE JUST MY PERSONAL ANXIETIES.
NOT CALLS TO BUY OR SELL ANY SHARES, ETC

SCARY WHEN I SEE SUCH ALERTS FROM LEADING ANALYSTS:
------------------------------------------------------------------------------------------

Red alert for US stocks with ‘very high’ chance of severe fall, warns HSBC
Gemma Acton | @GemmaActon
2 Hours AgoCNBC.com
"The possibility of a severe fall in the stock market is now very high," warn technical analysts at HSBC, who have dialed up the bank's outlook for U.S. stock markets to "red alert" following an aggressive wave of selling.
The warning heightens the note of caution in HSBC's tone from a September 30 report in which the bank issued a lower rated "orangealert", pointing to similarities between Dow Jones Index trading patterns seen just prior to the 1987 "Black Monday" stock market crash and now.
HSBC contends the "head and shoulders" shape - a visual representation of price trends which are seen to signify the approach of a market top – is currently in evidence for the industrials-focused index, saying the pattern has recently been tested and re-tested.
The report described Wednesday's sell-off as "broad-based" and as demonstrating "intense selling pressure", both factors in its decision to crank up the alert level.
The note highlights 17,992 points for the Dow and 2,116 points for the S&P 500 as the critical pivot points to watch for signs of a broader capitulation.
--------------------------------------------------------------------------------------------------------------------
DOW is breaking 18000?
| Publish date: Wed, 2 Nov 2016, 11:37 AM |
________________________________________

8.15am : DOW hit 18000 level now ... as I m watching it to break (short).

11.05 am : DOW broken 18000 ... short in FKLI.
--------------------------------------------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------------------------
Icahn: I'm 'more and more' concerned about the stock market
Berkeley Lovelace Jr. | @Blovelace_Jr
-------------------------------------------------------------------------------------------------------------------
David Stockman warns both Trump and Clinton could lead to 25% sell-off
Brian Price | @PriceCNBC
5 Hours AgoCNBC.com

David Stockman, the man widely credited as the "Father of Reaganomics", delivered an alarming message to investors.
Sell everything!
ADVERTISING
inRead invented by Teads
"The markets are hideously inflated," warned Stockman on CNBC's "Fast Money" this week. The former Director of the Office of Management and Budget under President Ronald Reagan urged investors to dump stocks and bonds ahead of the dangers that both Donald Trump and Hillary Clinton pose to markets if either is elected as President.
-----------------------------------------------------------------------------------------------------------------------
HOW TO INVEST WHEN FACED WITH SUCH FORECASTS?
JUST MY OWN DILEMMAS .
JUST SHARING

GETTING WORRIED
BRACING FOR HIGH VOLATILITY AND VULNERABILITY NEXT WEEK ARISING FROM NEGATIVE IMPACT NO MATTER WHO WINS THE US ELECTION.
A TRUMP PRESIDENCY WILL BE BAD DUE TO HIS DISRUPTIVE TRADE POLICIES ESPECIALLY HIS THREATS TO IMPOSE 45% IMPORT DUTIES AGAINST CHINESE EXPORTS
(CHINA'S ECONOMY WILL BE GREATLY HIT WITH DOMINO FALLOUTS ON ASEAN ECONOMIES)
A CLINTON WIN WILL ALSO NOT BE A WINNER FOR STOCKS DUE TO THE POLITICAL UNCERTAINTIES CAUSED BY LEGAL ACTIONS BY TRUMP/REPUBLICAN PARTY TO BLOCK AND IMPEACH HER RELATING TO HER ILLEGAL DELETIONS FROM HER PRIVATE EMAIL SERVER FOR WHICH THE FBI HAD REOPENED INVESTIGATIONS.)
THESE ARE MY WORRIES

BRACING FOR HIGH VOLATILITY AND VULNERABILITY NEXT WEEK ARISING FROM NEGATIVE IMPACT NO MATTER WHO WINS THE US ELECTION.
A TRUMP PRESIDENCY WILL BE BAD DUE TO HIS DISRUPTIVE TRADE POLICIES ESPECIALLY HIS THREATS TO IMPOSE 45% IMPORT DUTIES AGAINST CHINESE EXPORTS
(CHINA'S ECONOMY WILL BE GREATLY HIT WITH DOMINO FALLOUTS ON ASEAN ECONOMIES)
A CLINTON WIN WILL ALSO NOT BE A WINNER FOR STOCKS DUE TO THE POLITICAL UNCERTAINTIES CAUSED BY LEGAL ACTIONS BY TRUMP/REPUBLICAN PARTY TO BLOCK AND IMPEACH HER RELATING TO HER ILLEGAL DELETIONS FROM HER PRIVATE EMAIL SERVER FOR WHICH THE FBI HAD REOPENED INVESTIGATIONS.)
THESE ARE MY WORRIES

GETTING WORRIED

COMPARITIVELY MALTON'S CAPITAL BASE IS MUCH SMALLER AND HENCE GOT LOTS OF ROOM TO EXPAND TO SUPPORT ITS BUSINESS GROWTH

CONCERNS NOT JUSTIFIED. IT IS IN DESMOND'S SELF INTEREST TO CONTINUE TO SUPPORT MALTON'S BUSINESS

DOES NOT MATTER. DESMOND MAJOR SHAREHOLDINGS IN MALTON REMAINS. DESMOND WILL ALSO BENEFIT WHEN CONTRACTS FLOWS TO MALTON. IT WILL CONTINUE TO BENEFIT DESMOND WHEN MALTON CONTINUES TO GROW

NOT TRUE. DESMOND REMAINS THE MAJOR SHAREHOLDER OF MALTON.
HE NOW HAS HIS YOUNGER BROTHER AS MALTON'S CEO. HE IS VERY QUALIFIED.
ITS ONLY NATURAL FOR DESMOND TO GIVE MORE TIME TO MANAGE WCT AS HE INVESTED A LOT OF MONEY IN IT. MALTON WILL STILL IN GOOD HANDS AS DESMOND IS STILL ITS EXECUTIVE DIRECTOR CUM MAIN SHAREHOLDER

MALTON N WCT NOW HAVE A COMMON MAJOR SHAREHOLDER CUM
EXECUTIVE/DIRECTOR. WCT HAS LOTS OF POTENTIAL. HENCE LIKELY
TO HAVE SUBSTANTIAL SYNERGISTIC BUSINESS TIE UPS.
MALTON WILL BE THE BENEFICIARY OF MANY NEW CONSTRUCTION
CONTRACTS

MORE ERRORS ON COMPARITIVE DIVIDEND YIELDS

MALTON'S DY OF 3.85% IS VERY MUCH HIGHER THAN THAT OF JTIASA'S 0.93%).
ACTUALLY HIGHER BY MORE THAN 3 x

PURELY FOR COMPARITIVE EXCHANGE OF VIEWS BASED ONLY ON CURRENT DIVIDEND YIELDS AND NTAs. ( note that Jtiasa may have its own intrinsic fundamental values being in the Plantation sector, etc, )

MALTON'S FUNDAMENTALS ARE STRONG.

BESIDES ITS HIGHER DY, IT ALSO HAS A BIGGER MARGIN OF SAFETY
(MALTON'S NTA AT 1.65 IS ALSO SUPERIOR TO THAT OF JTIASA'S 1.88
BECAUSE MALTON'S SHARE PRICE IS ONLY 0.65( WAY BELOW ITS NTA) AGAINST JTIASA'S 1.40 PRICE (WHICH IS ALREADY ABOVE ITS NTA.)

Disclaimer : personal opinions only purely for exchange of info & discussions. NOT Calls to buy or sell any stocks/shares)

SORRY. ERROR.
JTIASA'S PRICE 1.40 IS ALSO BELOW ITS NTA 1.88 BUT MALTON'S MARGIN OF SAFETY IS MUCH BIGGER

MALTON'S FUNDAMENTALS ARE STRONG.

BESIDES ITS HIGHER DY, IT ALSO HAS A BIGGER MARGIN OF SAFETY
(MALTON'S NTA AT 1.65 IS ALSO SUPERIOR TO THAT OF JTIASA'S 1.88
BECAUSE MALTON'S SHARE PRICE IS ONLY 0.65( WAY BELOW ITS NTA) AGAINST JTIASA'S 1.40 PRICE (WHICH IS ALREADY ABOVE ITS NTA.)

Disclaimer : personal opinions only purely for exchange of info & discussions. NOT Calls to buy or sell any stocks/shares)

MALTON'S HIGH DIVIDEND YIELD CAN BE SEEN WHEN COMPARED TO OTHERS, EG JTIASA

MALTON'S DY : 3.85 % ( DIVIDEND (2.5 SEN OVER SHARE PRICE OF 0.65 )

JTIASA'S DY : 0.93 % (DIVIDEND (1.3 SEN OVER SHARE PRICE OF 1.40 )

(MALTON'S DY IS ALMOST DOUBLE THAT OF JTIASA'S )

WITH THE JUST DECLARED HIGH DIVIDEND YIELD OF 3.82% WITH ITS EX D DATE JUST A MONTH AWAY ,THESE INSTITUTIONAL INVESTORS WILL LIKELY HOLD TO EARN THEIR DIVIDEND INCOME. THEY MAY EVEN BUY MORE TO GENERATE MORE DIVIDEND INCOMES FOR THEIR FINANCIAL YEAR END CLOSING 31/12/2016. BESIDES MALTON'S DIVIDEND YIELDS BEING MUCH HIGHER THAN BANK FD INTEREST INCOME OR INTERBANK MONEY MARKET INTERESTS, MALTON POSSESS STRONG FUNDAMENTALS WITH GOOD POTENTIAL SHARE PRICE UPSIDE (CAPITAL GROWTH) AS MALTON GROWS ITS PROFITS

WAITING FOR THE DIVIDEND AS WELL AS CAPITAL GROWTH (SHARE PRICE INCREASE) AS WE GO NEARER TO THE EX DATE AND AS GOOD ANNOUNCEMENTS ARE MADE OVER TH NEXT FEW WEEKS

NO. NOT AT ALL.
COMFORTABLE WITH MY HOLDINGS WAITING TO EARN THE HIGH DIVIDEND YIELD OF 3.82% WITH ONLY 1 MONTH (EX DATE 29/11) AND 2 MONTHS (PAYMENT DATE 31/12/16)
WAITING TIME.
ANYONE HAVING 100,000 SHARES IN MALTON WILL EARN RM2,500 IN 2 MONTHS TIME WHILE THOSE WHO PLACE IN FD THEIR MONEY OF SAME VALUE WILL ONLY GET RM567 (LESS BY RM1943 AND HAVE TO WAIT LONGER BU ANOTHER MONTH)

I AM GOOD AND HAPPY

DUE TO THE PRIME LOCATION OF BUKIT JALIL IT WAS NOTED THAT ITS LATER PHASES ARE SELLING WELL. THIS AUGERS POSITIVELY FOR MALTON

BJ PROJECT WAS LAUNCHED AT WITH A VERY GOOD TIMING. ABOUT 2.5 YEARS AGO WHEN THE PROPERTY MARKET WAS STILL STRONG. HENCE ITS EARLIER PHASES WERE ALL SOLD OUT. HENCE THE REMAINING PHASES MAY NOT NEED MUCH FUNDING AND SHOULD IN FACT BE SUPPORTED BY THE PROGRESSIVE COLLECTIONS FROM THE UNBILLED SALES.
FURTHERMORE THE INCOMING RM50M CASH RECEIVABLE FROM ECOWORLD WILL BOOST ITS CASH HOLDINGS AND CASH FLOWS. IN ADDITION MALTON'S GAERING WILL BE GREATLY REDUCED BY 97M UPON SETTLEMENT BY ECOWORLD.
HENCE MALTON'S FUNDAMENTALS REMAIN STRONG AND BECOMING STRONGER

OF COURSE A BUMPER PROFIT IF ENHANCED BY A SPECIAL DIVIDEND WILL BE EVEN BETTER

THE EXPECTATION OF A POTENTIAL SPECIAL DIVIDEND IS BASED ON EXPECTED GOOD BUMPER PROFITS OF RM58M IN THE COMING QUARTER RESULTS ( WITH THE RECOGNITION OF CAPITAL GAIN 36.3M). THERE IS NOTHING TO PREVENT THE COMPANY FROM DECLARING IT. MANY GOOD COMPANIES DO IT.
THE WHOLE YEAR'S PROFITS FOR LAST YEAR WAS 37M. HENCE WITH A PROFIT OF 58M JUST FOR 3 MONTHS IN ANY OF ITS QUARTER RESULTS FOR CURRENT FINANCIAL YEAR CAN SUPPORT ITS SHARE PRICE INCREASE (CAPITAL GROWTH LIKE SOME READER SAID ABOVE). IMAGINE JUST 1 QUARTER'S PROFIT IF REPORTED TO BE 58M WILL FAR EXCEED THE WHOLE OF LAST YEAR'S PROFIT OF 37M.
SURELY THIS NEWS WILL BUMP UP MALTON'S SHARE PRICE.

NOT NOW BUT IN THE COMING QUARTERS WHEN THEIR RESULTS REPORTED BUMPER PROFITS.
ASDUMING 4Q PROFITS REMAINED AT 22M THEN ITS CAPITAL GAIN
OF 36.3M = 58.3M JUST FOR THAT QUARTER.
CAN DECIDE TO REWARD LOYAL SHAREHOLDERS WITH A SPECIAL DIBIDEND.