u want to promote ur stock please do it sensibly and with actual facts

is this guy stupid or what??? or plain ignorant

LCTitan cash was raised from IPO last year, dumbass

calvin...what happen to BJCorp???

Jon, please share ur thoughts on Magni. Thanks

when KYY selling...it's a real bloodbath

didn;t even break 1. how to reach 2 or 3..zzzzz

wah, macam roller coaster. Such a wide gap macam Hengyuan...

EV/EBIT less than 5x
Earnings yield > 10%
Net cash = 45sen
DY = 7%
ROE > 25%

If got bullet, gradually collect to build up position size.
If no bullet and already holding, don't look at share price. Hold and collect dividend.

market has unduly punished Lii Hen and other furniture counters due to the strengthening of RM against USD

As though the whole industry prospect is depends on the foreign exchange

welcome on board, paperplane

market is adjusting expectations on Unisem earnings downwards in view of strengthening of ringgit

time to accumulate slowly

http://klse.i3investor.com/blogs/myinvestmentjourney/131847.jsp


Based on latest price @ 8 Sept:

Insas @ 1.02, P/E = 3.74x & P/BV = 0.44x

TA @ 0.675, P/E = 3.75x & P/BV = 0.46x

Based on the above valuation metrics, we can observed both stocks are trading at extremely cheap valuations, and thus presents an attractive investment for investors looking for value.

Both stocks qualify as earnings-based play - low P/E and assets-based play - low P/BV.

TA and Insas is the most undervalued, underappreciated, mispriced counter in Bursa Malaysia

http://klse.i3investor.com/blogs/kianweiaritcles/144119.jsp

OLH has been looking to exit RHB. the merger between Ambank and RHB was driven by him. unfortunately, it fail to materialise.

in time we shall see...rest assured that OLH will find his way to cash out on RHB

then we wait for special dividend )

when is PerakCorp's turn?

live up to reputation as sohai

Posted by MaggiSohaimi > Jan 11, 2018 12:35 PM | Report Abuse

Bad reputation like last time Bandar M'sia project also get cancelled. Still wan to bet ah? Better sell and jump to other stable company

valuation is at upcycle. wait to enter when it corrected to a more reasonable valuation

Ya, need a lot of patience. Orient is dirt cheap, assets not revalued ages ago..

Jon, have a look at TA. EV/EBIT of 4. Substantial discount to NTA, P/BV less than 0.5x.

Aberdeen keep selling. Do they know something we don't?

when share price up, so many "sifus" justifying the company prospect

where were u guys during the downtrend?

Duke 1&2 should valued at RM1.7billion (60% based on EPF purchase consideration of RM2.8bil).

if i'm not mistaken, Duke 3 costs RM5.05 billion

my view is that mr.market still perceive TA as securities firm. Share price is highly correlated with KLCI performance.

but TA business has grown beyond that. earnings from broker are no longer their main. apart from properties, they have stable earnings from hotel segment.

top up more at 1.13

how much do u think Duke 3 is worth?

when u noticed a few sifus here...u can give urself a pat that u r on the right boat.

those who sold their shares, congrats on ur profit. but don't be too saddened when u see this counter breaks new high day after day. just be happy with whatever u earned.

Insas, seriously needs to wake up fast. Or mr.market please stop punishing Insas.

Inari is already 3.80!!!

My dream says RM10bil market cap. Nothing less than that.

dudu, got english version?

can't read chinese. thanks

what's with the selling?

i outline stage by stage.

stage 1: takeover of IWC shares. exchange of Ekovest shares at 1.50

stage 2: listing of highway assets as REIT. that will be 4 billion worth (almost double of current price) i give it as rm2 at least.

They can choose to spin off their F&B business.That will unlock the value

TGuan needs to increase trading liquidity before the institutional funds can come in

Current price slightly above RM1 with market cap above RM2bil.

If market cap hit RM10bil, then share price has to go up to RM5++

Hahaha...this is my dream for Ekovest

As i said, Ekovest is future KLCI stock.

We have also set the target to become the top 30 listed companies on Bursa Malaysia within five years. This means that our market capitalisation has to hit RM10bil within five years, from the current RM2bil. It is achievable based on our growth.
Read more at https://www.thestar.com.my/news/nation/2017/01/01/kc-and-the-building-of-ekovest-datuk-seri-lim-keng-cheng-has-been-working-alongside-his-uncle-the-b/#s6ZT3c4WtwJ6tW8O.99

the main worry is if Q4 shows reduced profit then KYY will activate selling.

Yes, Ekovest has to trade at 1.50 and above in order to make the acquisition happen via share swap. Just dumb dumb hold or if u can also average up ur position and wait for RM1.50.

average cost 93 sen. TP is 1.50. that's 61% upside.

strategy is DUMB DUMB HOLD

wake me up when it hits 1.20. bye guys

First target is to go back status quo...above 1,20 before the announcement

This business model allows the IWCity Group to unlock the value of land banks upfront while still enabling the IWCity Group to continue participating in any future upside from the development project and prospects of Iskandar Malaysia via joint venture arrangements with reputable township developers.

In addition to joint venture arrangements, the IWCity Group also develops properties on its own. An example of this is the new development project on the recently acquired 67.5-acre Sutera Land near Taman Sutera (an established housing and commercial estate). The gross development value for the entire project is estimated to be more than RM500 million and is targeted to be launched in the 2nd half of 2018 upon submitting and procuring building plan approvals.

IWCity owns approximately 1,000-acre tracts of waterfront properties and developments along the Straits of Johor, the Tebrau and Plentong Rivers. With attractive tracts of waterfront properties in the country, the management of Ekovest is optimistic on the IWCity Group’s prospects. Growth in the property development division will continue through a combination of in-house development and also choosing strategic partners to accelerate development plans whilst conserving capital. The management is also closely monitoring the property market conditions and plans to capitalise on the continuing demand for landed residential properties.

Upon successful completion of the Proposed Offer, Ekovest may expand its concept of river beautification and rehabilitation along the Gombak River to Johor Bahru through the land bank of the IWCity Group along the Tebrau River, to be promoted as an iconic development in the State of Johor by the enlarged Ekovest Group.

Arising from the Proposed Offer, Ekovest stands to participate in IWCity’s unique business model, in which as a strategic master developer (within Flagship A of Iskandar Malaysia), IWCity is involved in the following activities:-

(i) Land accumulation – upon completion of the Proposed Alienation and Development, the IWCity Group has a total land bank of approximately 1,000 acres;
(ii) Land preparation and conversion – preparation of land parcels for development by land reclamation and enhancement through infrastructure development e.g. road construction; and
(iii) Joint development with strategic partners, typically property developers – this involves the sale of land to the strategic partners, who are also its customers, and IWCity reinvests part of the sale proceeds by taking a minority stake in the joint venture with the strategic partners to undertake development.

A prime example of this is the joint venture with Greenland Malaysia Real Estate Operator Sdn Bhd (part of a state-owned mega enterprise group in Shanghai with vast experience in property development) to develop the 127.92 acres of prime waterfront land in Johor fronting Singapore. The said development (in which IWCity has an effective interest of 20%) has an estimated gross development value of RM18.4 billion.

IWCity is expected to contribute positively to future earnings of the Ekovest Group, backed by the Land Disposal to Greenland Tebrau and launching of new property development projects.
19

Barring any unforeseen completion risks, the Land Disposal to Greenland Tebrau is expected to also enhance the IWCity Group’s cash flow streams over the next few years up to 2020. In accordance with the Greenland Tebrau Supplemental Agreement, the agreed payment schedule for the balance purchase consideration of RM2,135.77 million

The IWCity Group’s vast land bank of approximately 1,000 acres is prime waterfront land strategically located in the Iskandar Malaysia region in Johor. These lands have potential for capital appreciation, which is expected to augur well for the Ekovest Group moving forward.

Upon completion of the Proposed Offer, the Ekovest Group will diversify its geographical presence and strengthen its existing property development business with enlarged land bank of more than 1,000 acres. With the enlarged land bank, Ekovest may expand its concept of river beautification and rehabilitation along the Gombak River to Johor Bahru through the land bank of the IWCity Group along the Tebrau River, to be promoted as an iconic development in the State of Johor by the enlarged Ekovest Group.

The Proposed Offer represents an opportunity for Ekovest to participate in the business and prospects of the IWCity Group and access its vast land bank of approximately 1,000 acres in the Iskandar Malaysia region via increasing its equity interest in IWCity at an attractive price.
As set out in Section 4.1(iii)(a) of this Announcement, the implied total purchase consideration for Ekovest to acquire 100% equity interest in IWCity is RM1,256.08 million (based on 837,388,857 IWCity Shares as at the LPD), which from management’s perspective, Ekovest is effectively paying RM28.81 per square foot to have full access / control over the IWCity Group’s 1,000-acre land bank which is currently valued at approximately RM84.49 per square foot.
In comparison, in an outright land purchase, Ekovest may only be able to acquire approximately 41 acres and 257 acres of the same land bank (at the estimated market value of RM84.49 per square foot) based on the total consideration under the Minimum Acceptance Scenario (RM150.61 million) and Maximum Acceptance Scenario (RM945.94 million) respectively.
The Offer Price of RM1.50 represents a discount of more than 50% to the Estimated Revised Net Asset Value of IWCity of RM3.03 per IWCity Share

Read their announcement on the proposal of IWC takeover.

To me, Petronm valuation a bit too rich for me.

I will adopt a strategy to buy on weakness if the price drops below RM10.