LACK OF INVESTORS INTEREST WAS THE REASON WHY ITS SHARE PRICE IS STAYING DOWN AND DEPRESSED.

THE HUGE UNBILLED SALES WAS NOT BOOKED AS REVENUES N PROFITS DUE TO LONGER TIME NEEDED FIR FOUNDATION WORKS FOR TALL BUILDINGS. AFTER THIS STAGE PRGRESSS WORKS WILL BE FAST. ANF UNBILLED SALES WILL BE QUICKER TO BE BOOKED AS REVENUES N PROFITS FROM NEXT Q ONWARDS.

VERY INTERESTING TO READ AND LEARN FROM ALL THE SKILLED SIFUS ESPECIALLY ON THE DIFFICULT METRICS TO QUANTIFY AND FORECAST ITS RESULTS/PERFORMANCE.

NOW LETS RE-FOCUS A BIT ON ITS NON-METRICS.
SOMETIME AGO I READ A VERY COMPREHENSIVE ANALYSIS WHICH ALSO ADDRESSED THE CONCERNS OF SOME INVESTORS THAT THERE IS LITTLE TO WORRY ON IT BEING MAJORITY OWNED BY A CHINA BASED CO BCOS WE HAVE DATO YVONNE CHIA AS A DIRECTOR. SHE HAD RECENTLY RESIGNED.

THE SELLERS Q AT 0.58 MAY LIKELY DISAPPEAR IN THE AFTERNOON SESSION ?

apolloang now they purposely put 58cts many sellers to scare the retailers to sell
25/08/2017 09:51

GOOD OBSERVATION. SYNDICATES WILL PLAY MANY ROUNDS. UP N DOWN.
THE BIG PLAY UP WILL BE WHEN THE RM750M CASH DEAL IS FINALISED

ON FURTHER THOUGHTS, I AM NOW MORE DOUBTFUL OF ITS PROSPECTS AND WILL BE MORE CAUTIOUS BEING AFRAID OF FUTURE UNEXPECTED NEGATIVE SURPRISES LIKE THIS SHOCKING IMPAIRMENT AND HUGE 4Q LOSS.

UNLESS THERE ARE OTHER IMPAIRMENTS UNKNOWN TO US.
THEN ITS DIFFICULT TO INVEST IN THIS COUNTER.
MANY OTHER LISTED OIL PALM COMPANIES ARE DOING SO WELL. BUT JTIASA IS REALLY SO DISAPPOINTING.
NOW WE UNDERSTAND WHY KYY HAD A BITTER EXPERIENCE WITH IT AND CUT LOSS LAST TIME

NEXT QUARTER'S RESULTS AND PROFITS WILL BE MUCH BETTER WITHOUT ANY MORE GOODWILL IMPAIRMENT (ALREADY WRITTEN OFF IN ATEST Q

4Q LOSS DUE TO GOODWILL IMPAIRMENT OF 66M. OTHERWISE ITS 4Q WOULD HAVE BEEN PROFITABLE. OVERALL ITS FULL FYE2017 REMAIN PROFITABLE
ALSO THE IMPAIRMENT LOSS IS ITS JUST AN ACCOUNTING DEBIT ADJUSTMENT ENTRY WITH NO ACTUAL CASH OR REVENUE LOSS.

FUNDAMENTALS AND FINANCIALS REMAIN INTACT
Still paying a dividend.

JTIASA’S OIL PALM PLANTATIONS ARE WORTH A LOT OF MONEY. INDICATION FROM BOUSTEAD PLANTATIONS’ RM750M CASH OFFER FOR DUTA LAND’S COMPARITIVELY MUCH SMALLER ESTATES.
JTIASA’S PLANTATIONS ARE MUCH MUCH BIGGER IN ACREAGE.

TREASURY SHARE DIVIDEND 1 : 200 = 500 TREASURY SHARES FOR EVERY 10000 ORD SHARES OR 1000 FOR EVERY 20000

EQUIVALENT TO CASH VALUE OF ABOUT 5 TO 6 SEN TOTAL DIVIDEND

ALREADY GOT 5.727M TREASURY SHARES

EXCELLENT 4Q AND FULL YEAR PROFITS IN COMING REPORTS
HIGHER DIVIDENDS WITH A CASH D OF 1 SEN PLUS FREE TREASURY SHARES 1 : 200 LIKELY (GIVEN A FEW TIMES IN THE PAST

STRONG FUNDAMENTALS GROWING STRONGER.
INCREASING PROFITS UPTREND TO CONTINUE EVERY SEQUENTIAL QUARTERS WITH THE COMING 1Q RESULTS REPORTING NEXT WEEK TO BE EXCELLENT (AGREEING WITH THE FINDINGS OF A READER WHO ATTENDED THE RECENT AGM).
SUPPORTED BY VERY SUCCESSFUL SALES OF ALL ONGOING PROJECTS ESP TWY AND STAR RESIDENCES LOCATED IN PRIME AREA NEAR PETRONAS TWIN TOWERS.
LAST DAY TO BUY CUM 3 SEN DIVIDEND IS THIS FRIDAY (1/9. EX D 4/9)

HIGHER DIVIDENDS TO ACCOMPANY BETTER PROFITS. DIVIDENDS WILL NORMALISE BACK UP TO 5 SEN IN COMING FY2018 (STARTING NEXT WEEK) WHERE WE CAN EXPECT A COMBINATION OF CASH DIVIDENDS AND FREE TREASURY SHARES DISTRIBUTION

....."PROTON CITY PLANT" IN TG MALIM

WILL HOLD FOR LONG TERM AS THE NEW PROTON CITY IN TG MALIM WILL TAKE A FEW YEARS TO BE BUILT AND SET UP (re: Transport Minister speech)

P.E. 38x - 29x ARE EXTREMELY HIGH (VERY LOW EPS)

NEED TO CONSIDER THIS.
IF AFB IS REALLY GOOD, THEN WHY DID ITS OWNERS WANT TO SELL IT IN THE FIRST PLACE?

BRAIN. YOUR HIGHLIGHTS ON THE LATEST Q RESULTS WERE VERY INFORMATIVE AND USEFUL . THANKS

DOW NOW DOWN FURTHER BY 180 POINTS

GETTING WORRIED OVER SHARP FALLS IN OVERSEAS MARKETS DUE TO BEING TOPPISH AT ALL TIME HIGHS PLUS INCREASING POLITICAL/MILITARY/ECONOMIC HEADWINDS.
DOW NOW DOWN 150 POINTS

LAST 4Q PROFIT AT RM7.8M WAS A BIG JUMP UP FROM ITS LAST YEARS CORRESPONDING RM0.6M. ITS COMING 1Q WILL SEE HIGHER EARNING GROWTH. AT A REASONABLE P.E. OF 15x (FYE 31/5/17 EPS OF 2.22 SEN) ITS FAIR VALUE PRICE SHOULD BE 33 SEN (AGAINST ITS PRESENT PRICE OF 28.5 SEN)

UNDERVALUED COUNTER WITH SOUND FUNDAMENTALS. ON A RAPID GROWTH UPTREND. ITS MAIN CATALYST IS ITS AMPANG UKAY RM5B PROJECT. ITS 1ST PHASE WAS SOLD OUT. PRIME LOCATION ONLY 7 KM FROM ICONIC PETRONAS TWIN TOWERS. A SORT 10 MINUTES DRIVE. ROBUST GROWTH IN ITS QUATERLY RESULTS AND PROFITS.
NEXT CATALYSTS INCLUDE ITS COMPLETION OF ITS SALE OF 1SEGAMANT MALL FOR RM104M CASH TO A LISTED REITS COMPANY. EXTRAORDINARY GAIN TO BE RECOGNISED IN ITS COMING QUARTERLY PROFITS. ALSO THE UPCOMING LAUNCH OF ITS J/V RM400M HIGH END PROJECT IN BUKIT DAMANSARA WITH IGB.

ALEX FOO. NO. I AM NOT INTO GOLD TRADING.
NOW MAINLY IN CASH
FOR HENGYUAN ITS SIGNIFICANT TO READ SOME CONTRARIAN VIEWS (EG 2Q EPS 0.19 SEN AND THE ABOVE NEGATIVE CASH FLOW ANALYSIS ) AGAINST THE TIDE OF BULLISH
FORECASTS AND BUY CALLS.
PERSONALLY I FIND THE FOLLOWING PREVAILING SITUATIONS SCARY (AT LEAST NOT CONDUCIVE OR SAFE ) TO INVEST IN EQUITIES :-
1)WORLD BOURSES AT RECORD HIGHS
2)NOW IN THE 11TH YEAR ANNIVERSARY OF THE LAST MARKET CRASH (2008). PLUS THE NOTED "CRASH CYCLES EVERY 10 YEARS". MOST AGREE THIS WILL BE ONLY A MATTER OF TIME. NEGATIVE CATALYSTS ESP CENTRAL INTEREST RATE HIKES N TIGHTENING.
3)BURSA IS NOW IN AN EXTREMELY EXCITED STAGE WITH LOTS OF STOCKS CHURNING AMIDST BUY CALLS TO "SAILANG".
4) INCREASING "FALSE CALLS/TIPS TO BUY CERTAIN COUNTERS ONLY TO SEE THEIR SHARE PRICES TUMBLING DOWN AFTER THE FIRST 10 MINUTES OF TRADING. WHAT DID THESE IMPLY?
5)MANY GEO-POLITICAL AND ECONOMIC HEADWINDS, INCLUDING THE NORTH KOREAN CRISIS AND THE INCREASINGLY LIKELIHOOD OF TRADE WARS

I AM JUST TAKING A STEP BACK TO HAVE A REALISTIC AND SOBERING RE-LOOK AT OUR BURSA. I THINK I AM RIGHT TO BE VERY WORRIED. THE RISKS/REWARDS RATIOS ARE JUST NOT WORTH IT.

(PURELY SPEAKING FOR MYSELF AND EXPRESSING MY OWN PERSONAL THOUGHTS AND OPINIONS. NO CALLS TO BUY OR SELL ANY SHARES. ETC)

ARE THE WORLD STOCK MARKETS (INCLUDING BURSA)IN DANGER OF A BIG CORRECTION? OR EVEN A TREND REVERSAL? OR BECOME A BEAR MART?
IN SUCH A SCENERIO ALL SHARE PRICES , INCLUDING FUNDAMENTALLY GOOD ONES WILL FALL. EVEN BLUE CHIPS CANNOT ESCAPE. GOOD SHARES WITH LOW P.E.s CAN ALSO BE HIT

3 risks to consider before investing in Hengyuan
Author: boostmy | Publish date: Mon, 31 Jul 2017, 01:36 PM

3) Hengyuan Shandong’s low entry price

What is curious to us is not Hengyuan’s ability to purchase the 51% stake at RM1.92 but why Shell is willing to part with its stake at such a steep discount.

After all, Shell is a listed multinational and it is answerable to its shareholders. Surely, the disposal price must be justified. Obvious reasons could be its unwillingness to invest further, which begs further questions on the viability of these investments. Royal Dutch Shell has been in the industry for decades, most likely, they know what they are doing.



https://boost.my

THIS 3RD RISK WORRIED ME THE MOST

UNDER THE ABOVE CALL WARRANT CONDITIONS WILL BE BETTER TO KIV CBIP UNTIL ITS SEVERAL CALL WARRANTS WITH NEAR TERM EXPIRY DATES HAD BEEN RESOLVED FIRST?

CALVIN.
LEARNT THAT SHARE COUNTERS WITH CALL WARRANTS HAVING NEAR TERM EXPIRY DATES SHOULD BE AVOIDED BCOS THE CALL WARRANTS ISSUERS WILL ALWAYS SELL DOWN THE UNDERLINING MOTHER SHARES IN ORDER TO WIN AGAINST THE CALL W HOLDERS UNDER THEIR CASH SETTLEMENT FORMULAE.
I HAD PERSONALLY SEEN MOTHER SHARES BEEN INTENTIONALLY DEPRESSED IN THIS WAY.
CBIP HAS SUCH CALL WARRANTS.
YOUR VIEWS PLSE

Nemesis.
SYMLIFE HAS STRONG FUNDAMENTALS.
ALL ITS ONGOING PROJECTS ARE SELLING WELL. ESPCIALLY ITS STAR RESIDENCES.
ITS UNBILLED SALES IS MORE THAN RM1.2B BY NOW. ITS SEQUENTIAL QUARTERLY RESULTS WERE GOOD N GROWING ROBUSTLY. NTA IS ABOVE 2.14. PLUS A BIG LANDBAMK IN SG LONG WHICH IS OWNED AT VERY LOW COST.
AGM N ITS 3 SEN DIVIDEND IS COMING IN 2 TO 3 WEEKS TIME.
SO WE HAVE MANY POSITIVES INCLUDING A CUSHION OF 3 SEN DIVIDEND.
AT 0.905 IT IS AN ATTRACTIVE PRICE.
AGREE WITH YOUR VIEW "THOSE WHO AIM TO COLLECT IT AT LOW PRICES MUST ALSO LIKE SYMLIFE AND WILL PUSH UP ITS PRICE AFTER THEY HAD ACCUMULATED ENOUGH.
HENCE ITS PRICE SHOULD REBOUND UP IN THE NEXT FEW WEEKS ESOECIALLY WITH AGM N DIVIDEND EX DATES SO NEAR

karma will punish them

"Karma" will take care of such people

THIS B***** USED TO SAY HOW GOOD SYMLIFE IS. AND HOW UNDERVALUED IT IS.

SOME PEOPLE HAVE SELFISH ULTERIOR MOTIVES

GOOD BUYING OPPORTUNITY
1Q PROFITS ALTO UP 6.6% COULD HAVE BEEN MUCH BETTER IF NOT FOR THE ADDITIONAL NPL/GIL OF RM200M PROVIDED FOR 1 REAL ESTATE AC (WHICH IS ACTUALLY PERFORMING BUT TECHNICALLY CLASSIFIED IN 1Q AS IT WAS IN THE PROCESS OF RESTRUCTURING & RESCHEDULING (R&R). IF THIS AC CONTINUES TO PERFORM BY MEETING ITS OBLIGATIONS UNDER ITS R&R (I.E. WITHIN THE 6 MONTHS OF 1Q AND 2Q) IT WILL BE DECLASSIFIED. AFFIN BANK WILL BE ABLE TO REDUCE ITS NPL/GIL BY RM200M (by 21.6%)AND ALSO WRITE BACK ITS PROVISIONING FOR THIS AC INTO ITS PROFIT AC. (THIS AC IS ALREADY PERFORMING BEFORE ITS R&R. WITH THE BANK’S MORE ACCOMODATING TERMS UNDER THE R&R IT WILL BE EVEN EASIER TO CONTINUE TO PERFORM. HENCE WE CAN EXPECT AFFIN’S 2Q RESULTS (TO BE RELEASED SOON) TO BE VERY GOOD.
(attached herewith relevant report by HL Investment Bank:-
Affin Holdings - Clear the air on asset quality
Author: HLInvest | Publish date: Wed, 31 May 2017, 09:54 AM
________________________________________
Highlights/ Comments
• Hosts briefing. Affin organized conference call post-1Q17 briefing. To recap, Affin’s 1Q17 net profit of RM123.2m (+6.6% YoY, -30.4% QoQ) was broadly in line with expectations but with rising absolute NPL by +21.6% QoQ.

• Spike in NPL explained. Management explained that the spike in NPL was caused by one specific real estate account located in Klang Valley worth RM200m that was classified under restructured and rescheduled (R&R). To note, the R&R account is classified under impaired loans despite the account still performing. The R&R loans will be reclassified as non-impaired with provisions written back if the borrowers continue to service the loans timely within these six months. In the case of Affin, the particular R&R account is fully collateralized and does not required additional provision. Excluding this account, Affin’s NPL would have declined by 5.5% QoQ, lowering GIL to 1.54% from 2.0%.
• Higher opex temporary. This is rather a seasonal issue as Affin booked various one-off related costs such as IT and Affinity. For instance, the additional 200 headcounts since last year had spiked its personnel cost. For establishment cost, the change in IT vendor will lead to cost saving for Affin to the amount of RM3.5m/month, translating into RM24.5m for FY17 alone. Management guided that such savings will lead to lower CTI in the region of 58% by end of FY17 from 66.4% currently.
• Steady NIM. Despite higher cost of funds by 40bps YoY, Affin’s NIM accelerated by 13bps to 1.97%. This is chiefly driven by higher loans yield. Recall that Affin had replaced RM1.6bn loans with higher yield loans.
• Loan growth intact. Still eyeing 8% loan growth, which will be driven by both retail and SME segment. Management admitted that it is now playing a catchup game with other banks in the SME segment. Nevertheless, it is making swift progress in attracting SME players to achieve its targeted loan growth.

SYMLIFE'S DIVIDEND RECORDS SHOWED IT HAD PAID 5 SEN DIVIDENDS PLUS FREE TREASURY SHARES DISTRIBUTIONS.
WITH INCREASING PROFITS WE CAN SEE ITS DIVIDENDS NORMALISED BACK TO 4 TO 5 SEN PER YEAR.
IT NOW ALSO HOLDS 438,329 TREASURY SHARES WHICH CAN BE DISTRIBUTED ATTHE RIGHT TIME

GREAT BUYING OPPORTUNITY WITH LOW COST PRICE LESS BY ANOTHER 3 SEN
(CUM CASH DIVIDEND OF 3 SEN.EX DATE 3/9/17)

STRONG FUNDAMENTALS AND REGISTERING BETTER RESULTS EACH SEQUENTIAL QUARTER. PROSPECTS GOOD WITH ALL ITS ONGOING PROJECTS DOING WELL.
ITS STAR RESIDENCES CLOSE TO THE ICONIC PETRONAS TWIN TOWERS IS A HUGE SUCCESS

AGREE WITH nemesis's

ACTUALLY ONLY 1x100 SHARES (OR A FRACTION OF 1 LOT) WAS TRANSACTED AT THE PRICE OF 0.90 YESTERDAY.

A FRIEND TOLD ME TO EXPECT A MUCH BETTER 1Q RESULTS WITH REVENUES, PROFITS AND UNBILLED SALES ALL RECORDING STRONG PERFORMANCES.
HE SAID THAT ITS 4Q (FYE31/3/2017) RESULTS MISSED CAPTURING A LARGE PORTION OF UNBILLED SALES ESPECIALLY FROM ITS STAR RESIDENCES PROJECT DUE TO TIMING OF RECEIPTS ISSUES. HOWEVER SUCH BILLINGS/COLLECTIONS FELL INTO ITS 1Q RESULTS.HENCE ITS 1Q RESULTS TO BE RELEASED IN THE NEXT 2 WEEKS WILL SEE A BIG JUMP ON BILLINGS BEING RECOGNISED AS REVENUES AND BOOKED AS PROFITS
SCRUTINISED THE LATEST ANNUAL REPORT AND REVIEWED ALL THE MARKET NEWS AND CONFIRMED THAT SYMLIFE’S SALES PERFORMANCES IN ALL ITS ONGOING PROJECTS ARE INDEED PERFORMING VERY WELL.
ALL THE FACTS POINT TO A VERY GOOD 1Q RESULTS TO BE RELEASED SOON

BRIDGING LOANS FROM BANKS ARE SECURED BY THE LAND TITLE ON WHICH THE HOUSING PROJECT WILL BE BUILT. TO FINANCE THE DEVELOPER TO BRIDGE THE TIME GAP BETWEEN THE LAUNCHING OF EACH PROJECT AND ITS SALES/COMPLETION. WHEN THE UNITS ARE SOLD, THE SALES PROCEEDS WILL BE USED TO REDEEM THEIR TITLES AMD RELEASED TO THE RESPECTIVE PURCHASERS OR THE END FINANCING BANKS. HENCE EACH BRIDGING LOAN WILL BE SHORT TERM AVERAGING 3 YEARS AND WILL BE SELF- LIQUIDATING AS DESCRIBED ABOVE.

HENCE WE CAN EXPECT ITS GEARING TO BE PROGRESSIVELY REDUCED AS THE VARIOUS PROJECTS PROGRESS TOWARDS THEIR COMPLETION.
WITH UNBILLED SALES AT A ROBUST 1.2B ITS DEBT LEVEL IS RELATIVELY QUITE SMALL.

GOOD NEWS SOON

PROPERTY COMPANIES USUALLY TAKE BRIDGING LOANS SECURED BY THEIR DEVELOPMENT LANDS. SUCH LOANS WILL BE SETTLED UPON THE LAUNCHING OF THE PROJECTS WITH THEIR SALES PROCEEDS USED AS SETTLEMENTS TO REDEEM THE TITLES (WITH THEIR SUB-DIVIDED TITLES TRANSFERRED TO THE HOUSE PURCHASERS)

SYMLIFE HAS A LOT OF GOOD LANDED ASSETS WHICH ARE UNDERVALUED.
IT ALSO HAS MANY ONGOING PROJECTS TO DEVELOP SUCH LANDS AND ALL ARE SELLING VERY WELL DUE TO GOOD LOCATIONS. WITH UNBILLED SALES EXCEEDING 1.2B WHICH ARE BEING PROGRESSIVELY RECEIVED THESE REVENUES WILL SETTLE ALL ITS BORROWINGS.
ITS NEXT QUARTERLY RESULTS WILL SEE HIGHER REVENUES, BETTER PROFITS AND LOWER GEARINGS

CASH HOLDINGS >500M IS CORRECT.

ALL ONGOING PROJECTS ARE SELLING WELL(ESPECIALLY STAR RESIDENCES DUE TO ITS PRIME LOCATION CLOSE TO PETRONAS TWIN TOWERS. GREAT DEMAND FROM FOREIGN BUYERS. RICH/BIG PROFIT MARGINS HERE)
ITS COMING QUARTER'S RESULTS/PROFITS WILL BE MUCH BETTER.
HENCE ITS OK TO SLIGHTLY DEFER THE DEVT OF ITS SG LONG LANDBANK (DUE TO THE GOVERNMENT'S ACQUISITION OF SOME SOME PORTION OF IT FOR A HIGHWAY WHICH WILL BOOST THE LANDS' ACCESSIBILITY AND VALUE. PLUS TO AMEND ITS MASTERPAN FOR A BETTER TOWNSHIP.

ALL THE FUNDAMENTALS ARE STRONG AND GROWING.
RELATIVELY LOW ENTRY PRICE.
WILL GRADUALLY GO UP

ANYWAY I AM JUST AN ORDINARY (SMALL) INVESTOR MAKING SIMPLE COMMENTS ON THE SHARE MARKET. NOT TECHNICALLY QUALIFIED FOR SOPHISTICATED ANALYSIS.
HENCE I HUMBLY ADMIT MY VIEWS WILL NOT BE ABLE TO INFLUENCE ANY INVESTOR

USUALLY I REFRAIN FROM MAKING ANY DIRECT CALLS ON ANY SHARES.
I WILL LOOK FOR BOTH THE MERITS AND DEMERITS OF EACH COUNTER AND COMMENT ACCORDINGLY. EG. I INITIALLY DISPUTED THE NTA OF 58 SEN AS PUT FORWARD BY CALVIN. U CAN CHECK MY EARLIER POSTINGS ON THIS ON THE BASIS THAT ITS SHARE BASE BEING ENLARGED BY ITS 8:5 RI. I ALSO PUT FORWARD MY VIEWS THAT ITS 2 SEN DIVIDEND MAY NOT BE SUSTAINABLE DUE TO ITS DILUTION BY ITS RI.
HENCE I DO HIGHLIGHT BOTH THE POSITIVE AND NEGATIVE FACTORS RELEVANT TO A PARTICULAR COUNTER.

AS A MATTER OF PRINCIPLE I DON'T LIKE TO BE PERSONAL WHEN COMMENTING ON OTHER READERS. EVERYONE IS ENTITLED TO HIS OWN VIEWS AND OPINIONS. WE DON'T HAVE TO AGREE OR FOLLOW THE VIEWS OF OTHERS. EACH SHOULD USE HIS OWN JUDGEMENTS WHEN DECIDING. BUT I THINK SOME PEOPLE GOT CAUGHT WITH TROPICANA SHARES. TOO BAD

THANKS Invest33. LATEST ARTICLE POINTING TO THE NEXT BOOM TOWNSHIP OF TG MALIM BOOSTED BY THE EXPANSION OF CHINA GEELY LED PROTON CITY THERE.
VERY BULLISH FOR L&G'S 2474 ACRES OF LANDBANK THERE (OWNED AT VERY LOW COST/BOOK VALUE OF ONLY 44 SEN PSF