Who is the noob who convert the warrant-wa? Too much money?

TYS_Capital, you just junk a gem and get a junk stone. TM is gone until they manage to cut down their operating expenses. It was protected by previous government, but now no more shield from the body. It is time for them to slim down their operation to reduce their operating cost to ensure that they are competitive with other providers. Yet to mention new players are now welcome to join the market. So TM has no competitive advantage at all (at least until before they manage to come out a new strategy).

Time to buy, but not in lump sum. Just buy in in few batch. Genting will never close down. Again, do not buy in lump sum, but averagely go in. Time will reward you with a huge gain.

If Genting malaysia win, they will get USD 1 billion, plus all the interest on the 1billion based on the rate stated in US law from day 1 until the day judge make the decision. Also, Disney will need to pay all the legal expenses involved by Genting.

In other word, if Genting win, it almost like getting a theme park for FREE OF CHARGE. Just need some modification to remove those trademarks and reopen with other brand. Paid 730m, get 1b and still got 250m left for operating expenses. Not a bad deal actually.

but this is only if Genting win la.. If Genting lose, then all the expenses will need to pay by genting back to disney lo...

pull the share price to 50sen, then 2cents dividend will become 4% annually. Everyone happy?? haha.

Skytropolis Theme is set to open on the 1st of December. Get the fact right, I'm not saying that this theme park's income will bring any significant amount to GENM bottom line, but but but, this theme park will definitely boost up the number of visitors to genting, more visitors meaning more ppls going to casino, more ppl into casinos, higher income to GENM. Be patient and wait, more good news coming.... fingers cross.

Thank you for selling to us Apple.. Hahaha. I will be very sad to have you as my "financial planner". Stupid Apple.

last hour shot up.. Could be a good Quarter report on its way la..

yes apple, you should just sell all and leave this forum. If you like to stay here, please give a constructive inputs, then you will be always welcome by everyone.

Guys, just think logically, from June to Sep, there was a zero tax duration. So retails business should be boosted up by the tax honeymoon month (ppl are trying to buy during these month, same goes to Banking Stock as many ppl are buying new car). So do expect GENM will post a good quarter report soon. June to Sep report will be released this month. However, on the pessimistic side, GENM management may use this tax honeymoon period to speed up all their construction works (as buying material and services need not need to pay TAX during these months). So we may see a huge CAPEX expenditure in coming report also, but this should be ONE off, which may save alot for GENM future CAPEX.

so guys, think logically at this price, is that a good entry points?? You judge yourself, do not listen to anyone here including myself. It is your money and you make the final call.

Just spend one weekend at Genting if you guys not happy or not confident with it. I didn't drop by Genting like almost 2 years as it was really nothing to me up there except the weather. Hence, Cameron Highland still my favorite so far for so many years. However, I was there 3 months ago and I have to say I'm very impressed and feel like to go there again and again in the future. They just brought the entire "Mid valley" and design outlet up there, trust me the goods up there are very price competitive as compare to other city (except F&B which is quite costly). Genting is no longer a boring arcade and casino place.

Yet, I have to say that the share price might up and down for time being, especially T3 and T4. But isn't this is a good buying time for a long term investors to buy at lower price?

Don be silly to believe that government going to issue another casino license in next 5-10 years time la.. with so many "shariah" complaint ppl in this boleh land, it is not going to happen. Yet, will government take away the only casino license from them? the chance is even lower than issuing a new casino license (unless PAS is in power la). So you think that will happen or not with the leadership under Hadi Awang?? can't stop laughing if you believe that PAS can win Putrajaya. Even with BN+PAS now, they can't win Putrajaya as BN is now lack of political funds to drive the party.

Also, don be too optimistic for now as Genting still got one big issue yet to solve in US (to write-off the very huge amount of money from the book). If that really happen, be prepare to get another round of big sales ... Happy investing.

Very simple la, Broadcom revenue up, meaning Inari business up. As simple as that. Stop talking about Apple or Oranges or whatsoever.

Vietnam Dong, RM Malaysia, and Indonesia Rupiah all went down against USD. Meaning if SAMCHEM selling their goods in the local currency, but need to buy those oil product in USD, this would impact the profit margin, unless they can pass the cost to the buyer.

However, good news is RM is strengthen against Dong and Rupiah.

Can somebody give some insight, to trigger the compulsory acquisition (<90%), the offerer will need to:

1) Own more than 90% of the total HOVID market share (including shares that already owned by the offerer)?
2) Own more than 90% of the HOVID shared that still in public hand (not including shares that already owned by the offerer)?

so it is 1) or 2)? If 1) i think it is not so difficult to achieve, but if 2), I don think they going to get it with 38sen.

Thank you.

You guys mangkok or what, Inari is not Foxcomn la bodoh, Apple sales drop, Huawei sales up. Inari is testing the RF chip for Broadcom, and Broadcom chip is selling to Samsung, Xiaomi, Huawei and many more, not only Apple mangkok.

Crybabiescry, you go try click "BUY" 0.30 to try out see can move or not??
hahah

Trust me la. Online gaming is good, but most of the big gamblers will not like that as there is no "real" casino environment. They want the feeling of gambling and real casino is the only place you can get that. Imaging when you got more than 10x20x ppl surrounded you and shout picture picture picture~~, you can't get that in online gambling platform.

My view is, GENM will definitely get hit and panic sell on Monday. However, it shouldn't go below RM 4. The fair price now is around Rm 4.20 but market tend to be abit over react every time, so it should swing around RM 4 - 4.20. If it happen that it goes below 4, then please put all your money in below 3.8 and wait for it to shire again la.. GENM will definitely share-buy-back to stabilize the impact.

what's the existing tax ?? from how much increase to 35%?

GENM, GENTING, HEIM, MAGNUM, BJTOTO, all up today, seem like some insider already buying these stock before MOF make any official announcement that no impact to existing sinful tax??

Everything is possible bulldog. However, do you foresee any bad news coming on top of current situation? CPO is hit by the reduce of import from EUROPE and trade war (which card the soy bean/CPO price reduced). What else do you foresee will cause the CPO price to go down further? please share.

sold at 4.49. Wait at 3.8-4.2 range.

Sometime during November. Normally the share price will stablise before AGM and stop moving until AGM. So buy now for quick money, but sell before AGM.

Could be but no one will know what this Dato Thong Kok Kee had in mind. Only god will know.

Those who never been to genting for the passed two years, please pay there a visit. I was there 2 month ago and I'm very impressed with what they have been done for the pass few years..

you may play a short trade on warrant. Buy low and sell high, but don forget to set loss la.. At your own risk.

Guys, update:
4x 360MW plants are planed on sales.
These project is currently 70% owned by India's Banks and 30% owned by corporate. In the 30%, 70% owed by RKM Powergen and another 30% owed by Mudajaya (Sold some portion last quarter). So effectively, Mudajaya only owed 9% from the entire 4x 360MW project (only 9% also can cause this company bleed non-stop like women period every month), imagine how much money India's bank had lose?.

India's Banks are bleeding due to the delay in this project and all the money stuck in this project with high interest. They plan to sell the entire plants out and take the money back, after deducting the principle amount and interest, I personally think that there will be not much left for RKM and Mudajaya. FYI, RKM was a company setup based on the India's Bank Loan many years ago to handle this project in collaboration with Mudajaya. RKM itself has no asset.

Based on this, I suggest everyone to leave the boat now or asap (wait for the next up trend if you dare).

P/S: Mudajaya is my current worst stock selection so far till date.
Lesson learnt: Never buy into stock that having a business inside India. This country is not mean for any business yet. Mostly talking about hierarchical rank in life. AirAsia was ventured into India, let's see when will they get bang out.

TDM will only move when the result started to show positive.

I personally think that CPO hit the worst scenario now (I don think the scenario will get anything worst than now). The boycott from the euro (which our minister is working on that right now) and etc.

TDM had just reduce their Gearing from 0.6x to 0.4x (meaning less interest to pay in the future). I believe the TDM's management is doing the right thing by go with that direction.

Hence, my 2cents is, TDM is at very worst scenario now so any entry below 0.24 is a definitely a good buy. Once the report started to show positive, then the share price should go around 0.30 and when the CPO price goes above Rm2400-2500, then it should hit 0.40+.

Buy when everyone is worrying.

P/S: I'm not sure how bad the recent earthquake affect TDM plantation in indonesia. Anyone got the information? Hopefully it doesn't affect their plantation.

Thanks for sharing sslee. That's the question I always ask, what this kind of people had in mind, those millionaire or billionaire are rich enough and there is not possible for them to finish off their money in their entire live cycle. However, we still see so many of them keep on "stealing" the money from the poor.

Don this ppl worry about all the sins that they committed?

People like Tony Tiah should be cursed in hell one. Never take care of share holder.

Ps:I do not own ant TA share.

Guys,

RKM is planning to sell the 4x 360MW. Good news or bad news, you judge.
https://economictimes.indiatimes.com/industry/energy/power/banks-to-go-ahead-with-power-units-resolution-plans/articleshow/65833622.cms
https://economictimes.indiatimes.com/industry/energy/power/thursday-meet-to-take-up-stressed-power-projects-resolution/articleshow/65849956.cms
https://economictimes.indiatimes.com/industry/energy/power/lenders-to-decide-on-stressed-power-projects-by-october-10/articleshow/65894067.cms

Hi Contrarian, something that I concern is those 8x funds in the 30 shareholders, total holding is less than 5%. Let's see this coming Annual report to see whether they increase their stake or more fund coming in.

The problem of insas is dato family hold too much of the shares, which lag of liquidity for other funds managers to acquire. Not sure of MGO a good solution for minority shares holders.

ops. sorry. However, my point still valid that even Dato Thong is holding 32.9%, but his wife, his son and his family members holding percentage should already exceeded 50%+. Hence, there is no way other could raid his company isn't it? It is their family business now.

Based on 2017 Annual Report,

Dato Thong - 25.05%
M & A - 18.77%
Dato Thong Kok Yoon - 11.19 %.

Basically his family members + companies already hold more than 55% of Insas. So there is no chances others could takeover the company from them.

Thanks for the explanation. It look like it is not a good news of the MGO is set at Rm1, as the WB will be around 20sen (assuming 20% premium).

Just like the TA, the stingy boss only offer 66sen for the MGO.

tq Contrarian, I understand the MGO side, but still not sure why is the MGO will be at RM1? I thought the MGO price is normally set based on volumn-weight market price? Why is the MGO price will be Rm1 which is the exercise price of the WB. If you don mind to teach again. Tqvm.

Hi Contrarian, can you please explain a little more on MGO will be triggered at RM1?

alooloo, near end of the game? Don you know that warrant most active period is the last 12 months before the expire date?? I'm sure you are an absolute newbie here.

On top of yesterday announcement, don be so happy with the share buy back, as mentioned in previous AGM, Dato individual holding is at the maximum percentage one allowed to be owned in a listed company. So if the company buy back more share, it means his holding percentage will going up and before the company can buy back, the shareholders must approve to let him do that, which back to the discussion topic in few months back here.

Dato Thong and family plus all M&A company hold so much warrant with them. As we all know that Dato current hold the maximum level in percentage an individual allowed to be hold in a listed company (hence not able to give bonus share from the treasury shares).

So, definitely he is not able to convert any warrant into mother shares also as this will make his holding beyond the maximum allowable margin. The only way is he need to sell his warrant. However, the warrant price is so bad now. Will them push up the price then sell? or they will let it burn?? Any comments guys?

Fake sell-off. Queue at 0.17WB, not manage to get any single units.

how's every soldier in i3 forum doing?? Dare to buy when everyone is so worrying?

Look like a good quarter report coming ahead.

Dear Sslee, first of all, thanks for your effort for all the minor shareholders here.

On my personal view, I DO NOT agree for the following:
"share distributing on the basis of one Inari share for every two existing ordinary share of RM 1.00 each held in the Company"

As we all already knew that, Inari is the "chicken" which lay golden eggs for Insas. Why are we killing the chicken now?? If Insas really distribute Inari share to their shareholder (I personally think that Insas's BOD will not be so stupid), I'm very sure many of the small shareholder will sell the "free gift" right away and take the cash, and on the other hand, Insas will hold less Inari shares which will affect their investment portfolio.

My call is, we should just "push" the management to finalized a good dividend policy, either 30-40% of net profit to become the cash dividend to the shareholder should do. Assuming insas is making more than 10sen per year, 30-40% should realize the 3-4 sens dividend (translated to 3-4% yield if the share price is RM1, which is competitive to FD) With a formal dividend policy, the share price will eventually be stable and slowly climb up to the north. With all the investment portfolio insas currently has, I believe that their profit will slowly going up and yet the dividend (if there is a formal dividend policy).

So DO NOT kill the chicken for the short term gain.

Is TDM really losing money??

From the recent report, it showed TDM is having loses of RM7mil+.

Just look at the report page #6 (Last bottom line). Net cash flows generated from operating activities = RM24.8mil

Page #7, Net cash flows used in investing activities = RM24.709mil.

It is obvious that TDM is making money from the daily operation around RM24.8mil. The 7mil loses is only paper loses that will not cause cash deplete (due to depreciation and etc). Depreciation = Rm 22.286mil, Amortisation of bearer plant = Rm6.484mil. Both of these "write-off" already more than the 7mil lose on the paper.

and RM24.709mil is used for investing activities which included buying a new plant/equipment and replant the new tree (I guess).

So, my call is, buy all you can when it show any weakness on this counter. Once the company settle down with all the replan/reorg, then the up coming quarter report will be excellent.

0.93-0.94 is the lowest I expected it could hit, but I already bought at 0.95 as the price already hit the bollinger band boundary.

Is the luster management relate to Tun M and his son??

Assume they sell at Rm 2.26, 1mil shares = RM2.26mil, divided by Insas share 693mil, each share only get RM 0.003 or 0.3sen. Cannot really see that in the EPS also, hard to boost the price also, we need leno to pump for us.

Most of the India's Power Plant are having coal shortage problem. Same does RKM Powergen 4x360 project.

Any news from AGM? I curious how thick skin the managing directors face have to ask for director fees to be approved for such company performance.

Insas transaction so boring last few days, Leno please support...