AVP engineering subsidiary of cbip is listed in azeez corruption charge.

Looked interesting at first glance. However silk have about 800 mil in loans in its money losing oil n gas division. Very likely most of the disposal proceeds will be used to pay down the loan. Nta will be higher at about 60 cents. Shareholder will not likely get to enjoy the proceeds of the sale as dividend.

Because the trees all still immature, or newly matured. Making loss now.

CBIP palm oil only will start contributing in 2018.. you all can wait so long ah? :P

bodo leno.. your RM 2 target in year 2099 kah?

If dead, then your EPF money will die with it. :)

Tan Sri Dato Chua Ma Yu, which emerge as MBSB substantial shareholder is founder of RHB group, which includes RHB bank.

leno is girl.. no kuku wan.. :P

Market rumor says FGV will offer Rp 650 per share to Eagle High, a discount from previous offer of Rp 730+ per share

BWPT = Eagle High Plantation

FGV taking over?

BWPT hit limit up at IDX today...

Better u guys dont buy the PA.. let the major shareholder sapu all.... to convert his warrants.. at cheaper price. kikiki

The exchange can be ANYTIME, not only after expiry of the PA..

tralala it is stated in the prospectus, page 43

You can surrender 1 unit Insas-PA in exchange for RM 1 for then conversion of Insas-WA into 1 odinary share of INSAS

China is committed to adsorb all the excess oil to the tune of 700,000 barrels a day until 2016 for their strategic stockpile. There will be not much excess oil in 2015...

No one allowed to talk bad about my Idol ha...

Mt. TTB no need lift finger, no need use brain to think, no need analyze and no need buy any shares, just keep all cash at FD, can earn 7 mil per year.

Which of you nonsense people can do better? tell me? Tell me?

Cannot leh? that is why you all lose to Mr.TTB...

Mr. Tan.. you are my idol...my idol...

I wanna be like Mr. TTB... relax life, fast cars, hot chick... :)

Don't you?

:)

chop chop chop

Lol Hassan is only an employee who hold very little shares in Armada and mostly through ESOS. You should only be worried IF Tan Sri AK sell his shares.

oops its an Ice Class Suezmax instead of aframax. :)

Kraken structural designer is done by Deltamarin, an established finland OnG contractor specializing in North sea vessel and has done design for many other FPSO in the area. The extension & modification is done by kepple shipyard and there are no delays. The donor vessle used is an Ice Class Aframax vessel, with reinforced hull.

Delisted or not depends on Bursa... although HDBS has already submit letter to bursa on intention of continue listing.

After selling only left the money lending business, some property and investment (stocks & bonds) held as AFS.

Also thinking about it, without a banking unit, there is also not much point having a money lending business...also..

I don't know.. maybe the biggest fear is PN17... as investors are scared that the remaining business might not be able to continue listing. The remaining business is expected to post net profit of 20-30 mil in FY14, and is worth at least RM 1/share.

I think this kind of earning is already surpass many other listed company, so i am confident that the listing will continue. Also i see in the foreseeable future, this business (money lending) will eventually be sold off. Not much sense to have money lending without a commercial bank backing it up, there is just no synergy. They could still be shopping for buyer, or just wind down the loans and get the cash.

I think they will eventually liquidate the entire company & return cash OR move into a different business all together. This will be the main factor in re-valuation of the company.

They are selling everything but the kitchen sink, even a research company worth a puny 380k also sell....

Anyway at current price it is a very safe position as I am buying RM 1 for 80 sen.. where to find such deal? ;)

lizziewong,

I am not surprised many punters here does not know how to count, hence you get all kind of remarks regarding the special dividend.

Here are the proper calculations.

Sale of Affin : 1,300 mil
Sale of Cambodia bank = USD 40 x 3.25 = 130 mil
Sale of Ampang Property : 82,5 mil
Sale of research dept + penang land = 5.38 mil

Total cash received = 1516.88

Pay back borrowing and other expenses = 324 mil

Net cash in books = 1192.88 /255 mil shares = RM 4.67/share in NET cash

Buying at current price means you get the money lending plus other remaining business & investment for FREE.

this cbip potential BI again.... hmm...

haiyo mana leno..? quick quick chant up the shares..

lol leno gone mad because of insas.. kesian.... hahahaha

lol gweilo, i tot you so negative and quickly sold all already? now become positive again ah? LOL changing opinion like changing underwear... :P

hah leno.. still promoting hard ah? let it run only lar... :P

lol leno is back.. sudah jual kah? :p

haha begone leno... you come habislah!

Koay you are just too modest.

Koay, i follow your blog for many years already, must congratulate you 100% of your buy call works. That is mighty impressive record. clap clap.

so koay, Insas is a done deal, what is stock unleash going to write about next. Been a long time since your last recommendation. LOL.

leno not here thats why moved up... hahahahahaha

koay you are right on the pressure cooker... finally popped.

but so far all talk no action, even the last divvy only 1 cent...

leno not here the share only got action... kekekeke

leno = bad luck for insas shares. =D

dind ding ding closing +12 vs +1.5 ....

yes koay.. when the share is 1 to 1 .. very hard to ignore the facts...

cannot punch 94, may trapped there previously selling like mad.. leno go teach them.. LOL

score change liao +11 vs +2 lagi kaya...

leno leno.. cannot discuss proper FA one meh?... only your chanting is allowed kah?. :p

koay if you go back to the old comments, i already calculated the inari+wa worth per share of insas

If at inari RM 3+ per share then 1 = 1

haha fat cat.. fat cat.. talking behind my back

not worried abiut ytlp.. long term stock for me.

Oh i sell ax reit and bought into another share which give me better returns..

you leh?

LOL...

hahah you start again ah.. dun worry end of today at 5pm sharp, your kuku kasi feed dog.. :p

anyway you so emotional.. cease fire ok? ahahahahaha

never heard of reverse psychology ah?