agree bumperProfit88, you're spot on !!

ahh.. I will be away most of the time in august.. gonna miss the agm
anyone gonna attend it?

Bought back last week abp 0.953. Waiting for the next qr report. Anyone knows when is the next AGM?

share buyback 10,000 shares? don't know if I should laugh or cry...

besides players taking profit, there is lack of coverage from any business news or research houses
look at one of the many recent coverages, this share currently trading at same price but PE 10.89. http://www.theedgemarkets.com/article/tropicana-1q-net-profit-more-doubles-strong-sales

1q profit 2X, BIG DEAL. symlife q1 2.2X, q2 3X, q3 5X, q4 1.7X. full year 2.5X
but I have never seen symlife appearing on any business news, AT ALL

unbilled sales 2.3B, earning visibility 1.5 years, BIG DEAL. works out to 10.5 cents/share/year at 10% profit margin. symlife 1B, earning visibility 2.5 years. works out to 13 cents/share/year. but symlife has a better profit margin so eps should be higher than 13 cents

need to screw the management at the next agm for their lack of engagement with the media

profit margin will be squeezed due to high steel prices. plus, contributions from spv will be seasonally lower q1 and q2. don't expect the results to be better than last year qoq

slightly disappointed with the dividend, was expecting 4 cents coz FY15 earned 41M give 5 cents :)
anyway, two take-aways

1. contribution from joint venture started to be significant, 20M in FY17 compared to 3M in FY16 AND yet, unbilled sales was replenished with new sales, currently 973M compared to 972M QtoQ. AMAZING!!
2. better margin, 3rd and 4th quarters 16% and 20%, respectively. for high rise, margin should improve after the foundation works

looks like need to wait a little more to realize the unbilled sales

LOL, bet here is better
probability of winning is much higher, give bonus (dividend) some more
did genting give you bonus if you lose?

No need bonus or good results, the price will up at least rm2 after announce dividend. So expect to pay at least 38.64 on 1st of june, if dividend is announced on the same date as the results

btw, dividend only in july or aug. wait long long la

azman good friend of roshmah, remember good old times at I&P?
bandar Malaysia is possible!

It's pointless to argue with someone emotional. My argument is based on facts but you talk as if you're in Alice in the wonderland. You win

There's a line of difference between blind loyalty aka falling in love with your stocks and being confident. The way that you are disputing every single negative but constructive argument suggests you're not so confident after all. You're emotional, get a life dude

Ekovest's fundamental is mainly built on crony capitalism. To say it's still intact is self-deceiving. Something must have gone very wrong when (1) insider Harris sellout like no tomorrow, (2) the lucrative contract is cancelled blatantly, and worse (3) crony started to dispute the cancellation which further confirmed "the collapse of crony capitalism". How much future revenue and profit from highway concession is what it's worth. Forget about construction profits.

negative, obviously I am asking a question, if you are not too stupid to comprehend

Apr 26, 2017 06:27 PM | Report Abuse X

can't brain why jaks and not mudajaya
anyone can explain more?
mudajaya already started generating power, jaks only at conceptual stage.. need to wait many years to see any profits

but why everyone is going gaga over here?

thestar business also the same
http://www.thestar.com.my/business/business-news/2017/04/15/whats-going-on-in-mui/

provided shabby details on financial position of the company, which led to false impression that the company is net cash. the whole article consisted of no facts, only rumours recycled from online blogs

can't brain why jaks and not mudajaya
anyone can explain more?
mudajaya already started generating power, jaks only at conceptual stage.. need to wait many years to see any profits

but why everyone is going gaga over here?

any effect from the import duty on steel?

let the technical analysis guy scare the shittt out of everyone here, very myopic view I must say
you can wait until the cows come home, but you will not see the price anywhere near 0.03
even the "fair value" he derived was dubious

50 million/5 billion is 1%, not 0.1%
Perhaps you should re-calculate how you arrived at the TOTAL NET WORTH of 6-7 billion...



16/04/2017 18:03


Calvin think you only got a rudimentary idea of Mui Bhd Assets & Businesses.

I think the Net Net Assets of Mui Bhd in Malaysia & Worldwide is between Rm6 billions to Rm7 billions

So how much is Rm50 millions servicing interest?

Less than 0.1% a year.

You must know that Mui Bhd has 10 Hotels in UK, Condo in Singapore, flatted factory in Hong Kong, 6 acres Land in Australia & Apartments in USA

What is 0.1% if Mui Bhd borrowed against high value Assets all over the world in currencies of UK, USA, Hong Kong & Australia.

Many currencies have appreciated 20% to 30% against rinngit. Isn't the 20% to 30% exchange gain already negated the 0.1& interest rate.

So you must learn to SEE TOTAL NET WORTH.

Yeah, missed the boat at 1.9, but hesitating to buy back now at 1.9 after such erratic price movement..

@feimah, I must have missed the labor and tax issue. Thanks
Seems like better to wait and see...

valuation seems high, price movement also erratic
from 1.9 to 2.1 then suddenly come back down
unbelievable...

what is cooking ?? ;)

out of the assets of 2.1 billion, equity for shareholder is less than half at 974 million

according to financial report as of 31 Dec 2016, total borrowings is 209 + 744 = 953 million

thestar only reported the SHORT TERM BORROWING at 209 million

the LONG TERM BORROWING is at 744 million!!! that's why every year paying around 50 million for finance costs

any gains from revaluation exercise will need to cover the debts of 953 million before shareholder gets anything...

no go for me because consistently making loss (only 1 out of 12 quarters makes a little profit) and high debts (doubt anything much left after settling the debts). current price is fairly valued

cpo price dropping, can buy low

anyone can explain why jaks and not mudajaya?
mudajaya already started selling power
but jaks still at conceptual and planning stage, and probably need to raise more money for the JV

@feimah, drop because of ringgit strengthening?

@lai81533, how did you get tp 5.00?