Oddly folks buying at 1.7. Price too far below nta? Needs to be raised for rights issue izzit?

anyone did analysis on the new issuance of shares? seems like a shit load of shares that will be dumped causing dilution.

yeah. been holding mbsb for a long time. everytime low collect. dividend yield throughout history pretty awesome.

consistent slow and steady dividend giver. folks are anticipating that Q1 numbers will be better due to pre-GST shopping. but i think the impact will jsut be marginal. how much clothes can u buy anyway.
Just keeping it for another yaer for the dividends.. my zzz counter.

still waiting for the dividend announcement. zzzz

am I right to say we're half way there? there's about 750mil shares now. the ICULS will bump it up to 1.4bil shares?

NTA is 1.4 but since they tend to give out dividends as it is a highly bumi rent seeking organization the prices should hover above NTA "PROVIDED"

1) they still make money.
2) the share holdings have not been cornered (which can happen at lower prices)

once several "millionaire/billionaire" jelmaan takes loan (at heavily discounted interest) and wallop the shares through proxies, the individuals will just sit on the shares, take in dividends and go into semi retirement mode.

Liquidity will drop rapidly as well as the volatility of the shares. it may gradually go up slowly if the business performance is good but dun expect 10-20% jump in a week kinda thing with good liquidity.

Yeah. Usually with strong momentum downwards I wait for rsi to hit at least 20. Don't celebrate until second half of day. Cause on the way down there's usually dead fish flopping. If you time then you can hope to time the flop of the spread is large enough. But it's risky trading behaviour.

gotta look at it as a group. question is whether airasia-x can perform and after firing the gwailou CFO will perform better in forex and fuel hedging. with the crash in indonesia volume is bound to go down a bit.

but in general brent should be about USD65 this year. so still good prices for operating an airline but ive decided to quit investing in airlines cause the risk is higher compared to other industries.

Around 2 is about right. Commodity prices on recovery mode. And if can maintain 10 cents dividend per year it is already better than FD. All depends on klse too. If market goes south after GST next month overall bear will pull this below 2

long candlestick is not as bad as a big gap between two red candlesticks... lol

I lowest point was 2.09 which i collected some. Sold some at 2.90 then bought back again 2.85 before aselling all yest at 2.91. Now waiting for it to panic sell. Bought back one trench at 2.60 against my better judgement to collect back at 15‰ drop or abt 2.5X. Expecting to fall to about 2.1 until q1eresults come out. And or better palm and rubber commodity prices

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/26E8D7DB15E3A89B48257DF600330C50/$File/FGVH_4Q2014_24.2.15.pdf then read directly the report from FGV.

told ya. net profit drop almost 50% , only 4 cents dividend. may as well sell off and put money on MBSB 12 cents dividend at 2.20. let FGV nose dive to about 2.1X then buy back.

Latest announcement should be pretty bad. Cause you have to take into account the low price of rubber and palm. Supply disruption due to floods. Just sold. Waiting for announcement before buying back

just checked bursa website. not updated yet. so definately insider trading leak

sad. suspect insider trading started to leak out already. suddenly drop to below 2.20. looks like no dividends with the fall

up up up!

could it be that insider traders already know that they will NOT be issuing any dividends? and that Q4 earnings are not terribly fantastic although the year's performance is pretty good?

Yeah. Usually end of the month or early first week Feb.

i agree with member41. will now go back to MBSB old ding dong price of 2.10 -2.20
a) price pushed down by greedy directors who keeps on issuing ESOS and then sell off in the market.
b) price picked up again by the market in anticipation of dividend history repeating.

Am just accumulating at weakness for dividend and special dividend for Q4 around End April 2015. .

seems like for CIMB Mitsubishi UFJ is slowly reversing their sell policy.

saw the news they bought 600K shares few days ago. interesting to see their play. cause theyve been dropping half million to several million shares a day ever since announcements

i saw the sharp fall sapumalaysia. i suspect some idiot trader/fundmanager heard rumour and itchy finger sell. then got F by his boss and quickly buy back. lol

thanks sapumalaysia my TP pre-oil price drop was below 2.15.
Now with the economic uncertainty. potentially will near its NTA value of around RM1.60 (that's super worse case).

Especially if MBSB continues straetgy of rewarding board of directors through Share option listing instead of giving handsome dividend like in 2012 and 2013. So now am waiting for Q4 dividend announcements to either confirm or dispel the pattern.

it is interesting to see who is dumping the shares. if it is EPF then potentially confirm that MBSB has shown hints that theyre not gonna give dividends by Q4

ive anticipated that the deal will receive a number of bad flack. hence bought only a few shares. But will accumulate anyway not because of the potential upside of 2.82. (because even if the deal proceeds, share price has depressed so capitalization will be adjusted slightly)

but because mbsb is a good strong business from a book perspective.

Their asset to liabilities ratio is almost equivalent to Maybank's and Public Bank's. So not someting i'd be too concerned about.

the TPs will be revised downward again after Q4. there wont be any miracles for Q4.
a) no new launches
b) banjir
c) depressed palm prices.

It will be organic

the problem is KWSP is dumping now. and after that likely KWAP. KWAP tend to copycat.
So that means that KWSP is taking some percausion for the Q4 result

Q3 althug hthey make money but net profit from corresponding quarter only 38% from correspnoding quarter. plus we're in a downmarket. any fundamental trader would have just sold on the bad querter report and wait for a bottom.

Interesting. Somebody bought a good 500k to 1 mil shares during the last 10 mins.suspect window dressing to end the calendar year in an up note.

Yeah. Looking at nta value myself

Kwap joined the foray of dumping.

Saham king permanently shut up due to price drop? Lol

dammit. im still holding 5 lots. NTA is about RM1.4 net income echoes trend from Q3 2013. except even worse. so all i have is hoping that Q4 results will be a rebound.

Fgv will be shit management wise unless they introduce meritocracy and folks who know how to run the business instead of political placements

since when any chairman in GLCs have proper knowledge. all wayang placements so that they can get directorial fees. that's how politicians make money folks. the MP salary is not gonna be enough. It is actually worse in the 1980s 1990s where 1 individual could be chairperson or board of director member to multiple entities.

Anybody know whether they got the mrt contract phase 2?

gonna be like another huayang i suspect.

dividend yield at current price 3.5% pun tak mau. darn funny. most likely folks are not promoting this counter enough.

agree with risk management. MUFJ still owns a shit load of shares. if they really wanna screw with CIMB they can drop a few million shares at one time. but they only drop few hundred thousand.

win188. u think local fund that interested in CIMB now meh. EPF wanna vote also give cold shoulder. to say that foreign fund leaving i dunnola. if u look at BNM report our M1 money still growing. so money is still in the country or BNM is printing money.

CIMB has a few things going against them.
a) The impending merger where they have to fork out a lot of cash
b) the actual value of share is up in the air for most investors. No credible analyst report on that. or kalau ada please share.
c) Q3 results although still positive is lower than Q2.
d) Not exactly a fantastic dividend payer for financial bank.

so the question is what is the "Bottom"? if i am pyschic then i'd be rich. i just follow what the charts tell me. over sold territory. if u wanna wait somemore then wait until RSI high teens low. then buy... that's like what.. 5.5X ?

So if the merger doesn't happen.
a) MBSB shares will fall to about 2.2X-2.3X; but Q4 dividend will be pretty awesome, and it will go back up
b) CIMB will go back up to 6.5X-6.8X despite the bad results
c) RHPCAP... no idea. dun really care abt the counter.

if the merger confim. Then CIMB shares will stay mix. not up not down. and just wait for the winds depending on Q4's results.

the winds of change are coming. fYI http://www.bnm.gov.my/index.php?ch=statistic_nsdp
today results out. which explains why market down.

Kian Leong's suggestion can be based on heuristic's i.e. gut feel based on personal experience. while i'm looking at the charts. prefer RSI versus moving averages for inflection points as moving averages although confirms the inflection is very latae in the game.

ALso u could derive kian leong's observation by looking at candle sticks or hi-lo chart and counting number of days down versus ups historically before inflection point is attained.

not exact science but most of the tmie history do repeat itself when lots of people believe in it.

bought CIMB at 5.78 cause RSI was already at 22. Oversold category; although historically CIMB has gone to RSI in mid teens before. but what the heck. whenever that happens, it tends to go back up again. set my TP at 6.1X - 6.2X for some chump change.

CIMB's real pricing is a bit up in the air now. need help to analyze the amount of cash and shares they need to fork out and esstimate the fair value of the price after the merger.

Then factor the earnings weaknesses on top of MBSB's strength and RHBCap's performance.
whether CIMB is now at record low is beside the point.

the part that am surprised with Q3 results is the anticipation that more folks will take AAX versus MAS. The fact that this didn't happen makes me wonder whether there's accounting hanky panky.

fair assessment on the analysis. cheaper fuel wont show up in Q3. It'll be a Q4 number. Although USD will strengthen but likely stabilize around 3.4X-3.5X with the end of US QE. Not terribly substantial from where we are now.

So theorhetically, this could be a good time to buy. RSI is barely above 30. Can pick up now if gung ho at 0.65-0.66; or wait for it to hit RSI 2X or roughly anything 0.64 cents and below and collect there... but this will be a long game. cash gonna get stuck until Q1 2014; even Q1 2015.

And with airlines industry, anything can happen when horizon too far out (war, volcano, weather). that's why it's annoying.

AAX numbers are so strange compared to AIRASIA... makes me wonder whether there's accounting magic to place all risk on AAX to make AIRASIA look good. e.g. fuel and currency hedges, the means to record profit and losses for shared routes etc...

Q3 results are pretty fantastic! Year to date already blew last year in the water. Looking forward to dividends in Q4

finally going up... duhhh... waiting forever for it to bounce again.
but overall sentiment of the entire market is a slow slide. probably stabling at 1700.
Cause Q4 is where the cold front will hit and US, Japan, Europe tends to slow down except for energy counters.

so am targetting RM3.70 unless somebody insider knows that their Q3 results is getting better

waiting for Q3 results. and more dividends hopefully. price is very close to tangible book value per share of 1.55. No reason to languish at 1.8X for so long.