quarterly result out, best one in the year!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5405333

hope today can break 0.6.

All investors here owned this video clip: https://www.youtube.com/watch?v=oIqJlYMXJy0

Ya, need help from samyew1234.
Please make this forum more useful, retail investors like us should be united as one. You gain nothing when I lose money, if you earn money while I'm not able to do that, I will still congrats you...

"The group also suffered a higher loss before tax of RM5.5 million due to the disposal of an investment in a subsidiary which resulted in a loss of RM9.5 million and incidental expenses of RM2.2 million incurred in connection with the disposal, netting off a gain on disposal of investment properties of RM6.6 million."

What kind of disposal can lead to loss? Is not about undervalue or loyalty, but there is a doubt to the integrity of the management.

Hey guys, admit our mistake and move on, we can do better in near future after this lesson learnt.

anyone here subscribe RCPS right issue?

what is petech?

finally...road block 1.51 was cleared...now, fly~~~

This kind of company need Warren Buffett, take control the company and kick all the family members out of BOD. XD

which news? I simply use my eye to see it only.

Wednesday, if you had watched the trading pattern, first 1M shares put in sell queue at 11.45pm, then "someone" eaten up all of it...before closing, another 2M shares also put in sell queue, then all eaten up again.

Each director throw 3M of shares in one day? This counter directly went to holland liao lor, as the liquidity so low. The share disposed by SCGM LEE SDN. BHD only, so the director indirectly shares also changed because they are the shareholders of SCGM LEE SDN. BHD.

hope for 5% please...

@mamatede; why divide by 2? this is 1:2 bonus issue. swt...

the "number" shown in the EPS and PE will be different after the bonus issue...but the "value" of the EPS and PE which are corresponding with its share price still the same...because the share price also adjusted accordingly.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4833477

http://www.theedgemarkets.com/my/article/smrt-confident-20-growth

Bonus issue 2:1, huat ar!!!

it depends, the buyer must be more than the seller in order to sustain the share price, some existing weak holder just want to take profit to sell their share to a lower price offering buyer. No worry at all, 5% dividend per year as they paid twice per year, now they pay every quarter per year, growth of dividend is more important than its share price.

1 month countdown for 4th quarter release, hope for dividend to reward their investor, usually last month of a profitable company their share price should be start run before the next result release. Last report shown 11.63M cash on hand, paying 1 sen as dividend equal to 2.06M total, which is just ~17% of their cash. 1 sen dividend based on 0.28 share price, reflect ~3.5% dividend yield of year, which is quite fair for investor. A profitable company which pay dividend, should stand above PE 15. Last quarter report said lower revenue was due to holiday season, if they record higher revenue this quarter which the same sustainable profit margin, EPS 0.08 should not be a problem. Based on 0.08x4=0.32, fair value = 0.32 (PEx10). If all of the above statement correct, before FOMC September meeting, its share price could should stand above 0.40 (for anti-ESCERAM supporter...don't fire me please).

outstanding profit. 0.05 dividend. Thx SCGM!

I also can't attend AGM, anyone here going for tomorrow?

have you guys heard of 逆流而上?

Just share with new comer, share split or bonus issue just a speculation from our common sense. But this company only 80M shares, never exercise any of them, it expanded their production recently, earning and profit keep increasing, good dividend every quarter. very high % it will do, haha...time will tell :-)

copy and paste the news here please. Or you are one of the OPEC member? LOL....joking...:p

The cash stand at 0.0566 per share under Q3, I think next quarter Q4, end of the financial year, 99.99% the company will declare the dividend. I will continue to hold and wait for my 100% gain.

@ thinkfully: "Revenue dropped but profit increase alot? Really don't understand how to calculate?" you can easily find your answer from the report: "This was partly due to shorter working days and public holidays during the quarter under reviewed".

@georgelimson88, I was in this counter last 1.5 years ago, yes you are right, YiStock did promote this counter before, but finally he did clarified this was a mistake. I don't think he lost money in counter, he escaped after he averaging down his warrant during the penny goreng event (Do you remember? sumatec, macro, ideal, forgot another one) last year August. I don't have any relationship with YiStock, but I personally think he is a wise man.

spend a little bit more time with your company, not promoting, but for existing shareholders. =)
http://www.smrhub.com/wp-content/uploads/2015/01/TheEdgeWeekly-SMRT-to-turn-around-Master-Skill.pdf
http://www.smrhub.com/?p=1582

I just realized that AUCMS closed down already, share some old news here, related to CUCMS.

http://www.thestar.com.my/News/Nation/2014/05/15/AUCMS-students-badly-hit-by-schools-financial-woes/
http://www.therakyatpost.com/news/2014/11/15/aucms-students-transferred-six-medical-institutions/
2014/11/02 - http://www.theantdaily.com/Top-Stories/AUCMS-down-and-out-300-medical-students-left-in-the-lurch

So, do you guys mind to share what is in your thought about SMRT? good? Bad? Or neutral?

I wonder why so many people don't like this counter? just because of its share price dropped?

@Tornado, it's OK bro. Let's wait and see. Only the "figures" from their result (but not just financial result, but also some statistic data) can tell me whether my investment into SMRT is correct or not. So far so good, two more months to go for next the result. My own decision making baseline is: at least not negative value profit. Then can accumulate more. By the way, I am not promoting this counter to buy. Please don't buy :p

I also hope that I can get it at RM0.40...

hmm...seem like...

Sorry that I'm not familiar with this take over condition. >33% can conditional offer, but >50% is another story, not sure about it. I still checking on this...but so far as I known, no people can force to sell your shares to other party. Can someone expert explain on it?

Further to the announcements made on 12 January 2015, 14 January 2015, 19 January 2015, 4 February 2015 and 16 February 2015 in relation to the Offer, the Board of Directors of Masterskill Education Group Berhad (“MEGB” or “the Company”) wishes to announce that the Company has on 20 March 2015 received the attached Press Notice from CIMB Investment Bank Berhad (“CIMB”) on behalf of the Offeror informing that the holders of the Offer Shares (including the holders of the Offer Shares who have accepted the Offer) that the attached notice has been served on the Board of Directors of MEGB, informing it that the acquisition by Strategic Ambience Sdn Bhd (“SASB”) of 86,500,212 shares of RM0.20 each in MEGB (“MEGB Shares”) from Siva Kumar a/l M Jeyapalan (“SASB Acquisition”) has been effected via Direct Business Transaction on 20 March 2015. After the SASB Acquisition, the Offeror and persons acting in concert with it (“PACs”) hold an aggregate of 188,102,500 MEGB Shares, representing approximately 50.02% of the total voting shares of MEGB.

In this regard, the present conditional voluntary offer has become an unconditional mandatory offer in accordance with Paragraph 14.1 of Practice Note 9 of the Malaysian Code on Take-Overs and Mergers, 2010 (“Code”).

CIMB also wishes to notify that the closing time and date for the acceptance of the Offer have been extended to 5.00 p.m. (Malaysian time) on 6 April 2015 (“Revised Closing Date”). Save for the Revised Closing Date, all other details, terms and conditions of the Offer as set out in the Offer Document remain unchanged under the unconditional mandatory offer.

Notice of the extension of time will be posted to the holders of the Offer Shares (including the holders of the Offer Shares who have accepted the Offer) accordingly.


I own SMRT shares. Now...the offerer want to force buying all the remaining MEGB shares at RM0.60 right?

find something interesting that want to share with you all, to understand the business environment more: http://www.themalaysianinsider.com/sideviews/article/can-perdana-university-survive-the-new-partnership-maxmonster-analytics

@skng74, sure. If one day SMRT stand above RM1 for 5 trading day. Then we can organize a meetup for celebration =)

@skng, give you a "like" bro, but sadly told that, many people really like to start buy when its price goes up. Warren Buffett said "if you wait for the Robins...spring will be over..."

"quantum leap in profits in FY2016". If management able to operate their plan very well, I think the scenarios will be: maintain profit at 1.5 sen per quarter at next quarter -> Pro-ELT rewarded -> another good result -> Rebrand MEGB -> Tranfer to mainboard -> Start of heavy enrollment student -> Institutional fund flow in -> MEGB turn to profitable -> SMRT records breaking result -> nice dividend reward to investor -> many people start to come in panic buying -> then I sell it to you at RM2.00 (from RM0.52 to RM2.00, ~300% gain in 2 years).

Noted: It may take 2 years...

http://klse.i3investor.com/servlets/cube/post/100007497874411.jsp

@RosmadMansur: I hope not to confuse people. So far no official news about the bonus issue, "bonus issue may give" is just a common sense, since 80M shares is very low liquidity.

So...if you wait for the Robins...spring will be over...

do you know what is "逆流而上“?

OK. just read the quarterly report. I still remember when the time I bought SKPRES two weeks before its result out. The reason was because of Gan director keep buying that time, new plant starting to operate, and it's kawan VS (that time RM1.20) also posted a pretty good result at that period. The day when the result out, hollyhit! big declined in profit, next trading day I cut lost and sold at RM0.32. And then the next quarter again, the profit continue to dipped more, that time I was thinking I am smart...but finally I realized I am the most stupid one, stupid in sense that "everyone make money from that counter, but mine was loses".

SMRT result bad? I sure that you never download and open it to read. In fact, it still can generate cash from its operation, debt decreased, current ratio increase (of course, also got something that I don't like)... Buy 23% shares from MEGB, sell its asset, pay debt and rent it, OK what? they doing human resource, training and education right? or it is a REIT counter? haha...

I not saying that SMRT will 100% earn, but I know what I am doing now, which is investment. But I am very comfortable to hold an education counter like this, monitor every steps from the company, and then base on the face to make decision for short term manipulation and long term investment, for 1 to 3 years also no problem.

Dear shareholders, please go to visit their website; Or perhaps go to their campus take a walk, else you are not really an investor.
http://www.cybermed.edu.my/cucms-web/new_web/index.html
http://www.masterskill.edu.my/MGC/campuses/campuses.php

Good luck for tomorrow EGM. Stock god bless SMRT shareholders =)

Hoping the company give the bonus issue, to increase the liquidity from the current 80M outstanding shares =)

Ride up or ride down? Haha

I suggest not to hantam people, we all know, nobody has the obligation to help you earn money. We discuss something more meaningful regarding to SMRT.

1. So far what is the progress of MEGB to dispose their property? to whom? I guess after this done, Creador and SMRT will utilise the money for their payment (the money to bought MEGB's shares)

Any ideas?

this counter only got 80M shares...so...share split or bonus issue is very high chance. BTW, I don't have any insider news or what, It just a common sense, let's wait and see =D