i think i want to set up a portfolio. 30% of capital on good quality companies. passive investing style. really LT holdings say min 10 years.

i would include Panamy in.

why are you so concerned about the share price?


Posted by RainT > Aug 10, 2018 05:03 PM | Report Abuse

Still.many naive buying Liihen

Waste time only

Getting dividend then ? But share price stuck cannot move

i wonder would ppl invest in companies if there is no share price quoted, say for the next 5 years.

my cost after adjusted for dividends is 2.855

yes, subjective. to me, paying 17x PE for Panamy is fair.


Posted by RainT > Aug 9, 2018 11:00 PM | Report Abuse

fair price ?

how much is the fair price? very subjective though

Insas only ikut Inari when Inari goes down.

When Inari goes up, Insas tak ikut. Lol

stocks like Panamy hard to get it cheap.

can only buy them at fair price.


Posted by paperplane > Aug 9, 2018 02:43 PM | Report Abuse

I only buy recently, haha.
39.2

Panamy looks very strong.

What's ur entry cost @paperplane?

Eksons slow and steady

Putrajaya is reviewing the operation model for tolls and expects the study to be
done by year end, according to the Works Minister Baru Bian. He said the review
will cover the operation model of future tolls including toll prices. As it is a big
concern to many people, we will try to expedite it. The toll issue is very clear, I
think we have made our stand that we are going to review, look at the whole
aspect of it, (including) the impact of it, to all the stakeholders," Baru told
reporters at the Parliament lobby today.

Noting that the abolishment of tolls is a "very sensitive" matter, Baru said the
ministry will make a final decision after it is clear on the implications.

"We also come to understand that the implication [of the toll abolishment] is
huge. If we abolish it all at one go, as the previous government said, it could
even cost us about RM400bn," he said. (The Edge Markets)

you can be a script writer.


Posted by JJchan > Aug 2, 2018 08:41 PM | Report Abuse

USA/China tariff war is getting Olh nervous. He has alot OskH shares pledged as collateral in his
personal loan from RHB. Pushing Oskh price higher would give him a higher Oskh floor that he can
used 10% OskH buyback option to support price.

in times like this, better to keep some cash. you just never know, with Trump tantrum big sale might come soon.

Anyone buying Trop today? :)

Few days ago LCTitan up by 9 sen. yesterday drop 3 sen. today down another 8 sen. All these day to day movement does not tell you anything on the company's fundamentals.

KNOW what your are buying. Know the story behind your investment decision and assess whether the story is intact by following the market developments affecting the business the company operates in, NOT the share price.

CIMB set the target price based on the company's prospects/fundamentals.

Today price declined probably driven by market sentiment.

Can you differentiate?



Posted by thesteward > Aug 2, 2018 03:10 PM | Report Abuse

Drop so much what happen that Cimb some more put target pricdvso hjgh crazy lo

Based on CIMB's estimates

current plant capacity around 3368 ktpa
with PP3 commissioning in 3Q, that will add another 200 ktpa
estimated capacity for current FY is 3568

2019F
their LC USA (both ethane cracker and MEG plant) will add additional 640 ktpa

moving longer term to 2022
the integrated naphta complex in Indonesia will provide 1000 ktpa giving rise to 5,208 ktpa

the growth story of LCTitan is of longer term

perhaps OTB should recommend ekovest to KYY to invest in? hahaha

lol this is the best joke of the year.

their growth projects are of long term. probably will see the impact in 2019-2020 onwards

Icon, if you want to have exposure to IPP with a more trustworthy management with good track record. why dont u have a look at MFCB?

probably many got stucked. lost their patience and offload whenever opportunities come.

if you have longer term view, it's good to hold. the business is cyclical no doubt, need to monitor the performance very closely. but having said that, i believe the company will do much better in 2019-2020.


Posted by Victor Yen > Jul 31, 2018 03:34 PM | Report Abuse

No buying interest....To support

my previous assumption was wrong. the stronger USD has in fact translated into a positive net effect to the company's earnings.

based on latest quarter, EBIDTA margin eased back to 20%. still not comprehensively above 20% as in previous quarters.

utilisation rate is pretty much the same around 82-83%. Board indicated that the operating rate should be around 85% overall.

what's happening to our Trop? @TheContrarian

Looking forward, the Board would like to revise the full year 2018 operating rate to about 85% due to profit optimization and general plant maintenance.


David, it is at your lower range ~85%

PP3 project to commence operation in Q3

then bad news for us.

TheContrarian Notice that Dato' Thong has been aggressively selling off his own direct interest in Inari. Perhaps he is raising cash to do a "Tony Tiah" on Insas.
29/07/2018 21:43

be patient. earnings expansion should come in 2019-2020 onwards.

Leno valuation is correct. 3 ringgit

wasted time on this piece of rubbish

why the high profit? can share some details.

Posted by Yael Jasper > Jul 27, 2018 11:00 AM | Report Abuse

Up Up Up, high profit incoming

bought a bit today. cheers.

Trop sold their piece of land at Jalan Kia Peng back in 2013 for RM2,121 psf. Pocketing handsome profit of RM132mil.

i wonder how much that prime land TA1 & TA2 would worth....

how about your Daiman? as i recalled, they own a hotel in JB run by Doubletree Hilton.

Not all hotels losing money.

TA hotels are not.

Even local ones like Landmark is not. They contribute healthy cashflows to complement the property development business.

but really need to watch out the oil price. rising dollar is a double whammy.

i think the return will only gets better in end 2019 to 2020 onwards when the extra capacity from their expansion in Indonesia and the shale gas project takes place

last quarter EBIDTA margin drop below 20% for the first time

Amanahraya keep mopping up the shares.

something brewing?

hopefully the potential margin erosion impacted by the increase feedstock cost can be mitigated by higher selling price.

i have some reservations regarding Q2 given the increase in oil price coupled with rising USD translating to higher feedstock cost and lower margin.

Good confidence.

I don't think i'll lose money with OSK. It's just a matter of TIME, and time is the only advantage i have.

Unless situation like TA happens and impacted my CAGR which make me unhappy. haha.


Posted by Jon Choivo > Jul 26, 2018 12:27 PM | Report Abuse

The moment i buy, im in the money! Haha

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=88482&name=EA_GA_ATTACHMENTS

We refer to the above unfortunate incident that happened on 23 July 2018.

Following the incident, the Company has received queries from various stakeholders on the risk of a similar situation happening to the Company’s Don Sahong Hydroelectric Power Project (“Don Sahong Project”) and its implications thereof.

The Board of the Company has made the necessary enquiries with the management of Don Sahong Power Company (“DSPC”) and the Project consultants. Having reviewed the circumstances surrounding the incident and the specific and unique characteristics of the Don Sahong Project, the Board is satisfied that present and future dam safety risks remain low and are being (and will continue to be) appropriately monitored and managed in accordance with the industry and international best practices.

At this juncture, the Board concurs with the management of DSPC and its consultants that the incident is unlikely to result in any delay in the completion of the Don Sahong Project or a material change in the overall cost of the Project.

no advice from me because im not in the money. lol

anyone checking with the IR for clarity?

i lazy to do a SOP valuation for their 3 separate businesses.

just based on highway valuation already more than market cap.

i see.

then our common stocks should read as Insas, Eksons, Trop, Ekovest and OSK. Haha..

@TheContrarian what other shares u holding?

i see we have some common stocks, e.g. Insas, Eksons, Trop, TA?

where got 4.07? lol

oh actually i havent update the DCF valuation for LiiHen.

mine was computed based on FY2016 numbers.

my shiok sendiri assumptions:
average FCF past 5 years
growth rate 10% for next 10 years
thereafter terminal rate at 3% similar to inflation rate
WACC 9.68%



Posted by Larrytrader > Jul 23, 2018 01:35 PM | Report Abuse

Can you share your calculator?