in both cases, core business sucks, but the peripherals inadvertently became biggest value creator

very similar to airasia's story

during 2005 to 2015, oil price very high

airasia profit very lousy every year

but they keep on expanding by buying planes

those planes later became very valuable when oil price crashed and airline boomed

so they sold them off and unlock huge profit

cloud computing

the online business sucks

but due to complexity of the business, they need to develop a sophisticated IT system to cope with it

about 10 years ago, they pioneered the use of cloud computing as an ongoing effort to improve efficiency

then they later discovered that the cloud computing thingy if sold to external parties can be very profitable

so they started commercialising it

the rest is history

this is classic contrarian move loh

cement sector downturn is cyclical, not structural

when something goes down due to cyclical factor, wise investors will move in and bargain hunt

with holding power and a bit of patience, eventually it will pay off

bought more at 24 yesterday

do you know what is the biggest profit contributor to amazon ?

ask me

I want to surprise you

I have been restraining myself not to shoot him...


newbie8080 Any impact assuming consistent annual shutdown for 5 months?

wait for restructuring

then I will sell my remaining 25%

I still holding 25%

Ya I also planning my Kyoto trip

Sweet profit from bimb

really, sibek song

I will buy KFC to eat

Not going to be sucked back into the black hole together with banker33

Banker33 the warrants are heading back to 20 Sen

All the best

Fully valued

Bank valuation is constrained by Price to Book ratio

BIMB current PBR 1.57 times. That is considered very expensive

Maybank and CIMB PBR 1.3 and 1.0 times respectively only

I think if hold one more year, can go up another RM1

wow what happened ? I just said I sold some at 38, why so angry ? LOL

Don't lose faith. This stock will deliver

I went to the AGM. In his opening speech, Tan Sri said "share price has not done well, I am the biggest victim. Next year if still cannot perform, you come back here and scold me"

I think what he means is that the coming quarters should be good

LOL what happened ? Such a sad story

But good also. It is all these foolish people that allow us to make so much money

Investing is actually a competitive game

Most of the time your loss is my gain

Why am I complaining about weak adversaries ?

Silly me

A lot of people in stock market or in real life cannot think by themselves

They need to rely on successful people to think for them

God gives you brain for a reason. Use it. Don't blindly follow

That joker is the extreme

3iii on steroid

When come to inaction, SETH KLARMAN said, "calibration is important. Set the bar too high and you might remain out of the market for a very long time. Set it too low and you will be fully invested almost immediately. Experience and versatile thinking are the keys to such calibration."

Icon8888 comment : Food for thought for 3iii. Buffett says "you don't need to swing at every pitch", but you also shouldn't be indifferent when opportunity presents itself. Be moderate, and participate when risk reward ratio is favourable

Not negative for me too

When you are under capitalised, you should beef up your capital

Especially if there is plenty of earning to cushion dilution

Ignorant talks

They have totally different business model

Sold more at 38

I am happily holding

New boss new potential

yes it is ok

idiot you need to be patient

If you invest until it becomes so personal, that means you are in big trouble

firehawk angry with me ...

: P

AI expertise cannot be developed by building an industrial park lah

what is our vision and masterplan for AI ?

where is our AI education policy ?

where is our industrial policy for AI ?

shake my head

I have patience capital

Bought some at 374

One day the product price will normalise isn't it ?

Cannot be depressed forever

It is cyclical not structural

They are such a big and established company, am I so bad luck that buying at RM4 is the peak ?

LOL

I still holding woh

Not big position.

See how

But I might not be right, just a matter of risk management

Maybe it can go further

Nobody knows

I sold half around 34, 35

I still have half

No lah, I simply say only. Not doing it. I was a bit pissed because by simply saying that I have sold at 35, I got blasted left right centre. Like you said, everybody has their right to decide when to buy or sell mah

lailiao lailiao

bought more at 75.5 last week

I sold few days ago at 195

: (

With street lamp project catalyst, suddenly RM2 becomes a very realistic target

My cost 223

Looked like you have a problem, not bursa

I never get caught in pump and dump


如鱼得水 I will never invest in Bursa again, I will trade short term at right timing.. I don't 1 to b robbed again n again.. by the manipulation pump n dump sharks n by govern policy of issuing shares all the times to dilute its value..
28/04/2019 12:21 AM

Safe to buy

Upside don't know how much but downside limited

Talk nonsense

You don't have feel for capital market

Bankers willing to accommodate because armada promise to raise funds to repay through monetisation of long term contracts

It is not out of no alternatives as you mentioned

I am writing an article to downgrade BIMB Warahts to SELL

Fully valued