Thanks probalility.. I start collecting since RM3+..add 4+.. add a little more at 5+. My original target is RM6.5. I think need to review..

Base on one of the report early this year (KLSE available) the Euro 4 upgrade estimate could cost USD144mil. However base on information from AGM Chairman Mr Wang repeated say China systems is much lower cost and more efficient.. and is proven in china for several year already..

Need to be fair to MBSB mgmt/CEO. Merger is like married. You cant really force the girl to marry you.
However with new major shareholder (CMY) involvement, hope the merger is on..

The Chairman Mr Wang did tell some key point during AGM.. cant recall all.
1. HRC is plan for SEA market. Not purely for Malaysia. Some minor product may be export to China with condition HRC can produce cheaper... HRC raw material (Crude oil) is cheaper than china...
2. China's Euro 4/5 systems/process is cheaper to implement and more efficient. Tested in China for past several years (10 or 6 can't remember exactly). Only two companies in the world has these technology; one in china and one in US.....China one is already matured. They are confident can do euro 4 upgrade by 3Q 2018..
3. MD Stals said some major downtime (2 months?) expected in 2018 during euro 4 implementation..

EPS for 2017Q1 93.16 cents..

Add more at 4.65..

Stated in annual report, no dividend for 2016. Need to wait for another 12 months if the director declare div... however I felt it is unlikely. Reason being a lot of capex needed for the upgrade projects.

however you may pick back when correction..

I felt is it too early to take profit.

I am in this party.. in fact already almost 2 months.

I think you are based on KLSE Screener.. that is not accurate.

Anyone can tell me why HY is so much cheaper compare with Petron? The only reason I know is refinery facilities is old need to be upgraded... upgrading is in progress.
1. Petro station - Petron 580, HY abt 1100 - almost double, the petrol sales has direct relation with petrol station.
2. EPS - Petron 87 cents compare with HY 117 cents, abt 30% more.
3. Asset. land etc - HY more than Petron.
4. 60% of ship going through Mal st are Chinese related.. compare with PHI minimum.
5. More Chinese air plane landed at KLIA/KLIA2, logically use HY... compare with PHI

Recently AFB appointed a new CEO after long time without a CEO. Bank's CEO require BNM approval... as such I think the deal between MBSB and AFB is ON.. logically BNM should not create another variable toward the end of merger talk.. The new AFB CEO COULD BE for the merger .. agreed by both parties and BNM informed.. do you think logical?

I agree with the author.. thanks for sharing your view.

I agree with greatful. This is another round of cheating..

I did a google search for PRS return..Based on CIMB Islamic and Affin, the average annualized return is about 5 / 6 % for the last 3 years. Not sure how is the dividend declared.

Hi Mr Tan, Do you know what is the historical dividend so far?

Good and thanks for sharing..

like.. yes I make similar mistake frequent.

good analysis.

Igbreit is definitely over price. Investors need to wait few years before reaching it real market value. No doubt midv and gard are the best properties... investor pay a high premium (I think unreasonable high)for these 'best properties'.. where it unable to generate expected rental.. we are investor, don't think should fall in love with the properties.

I would like to have the books.. thank you very much.
my e-mail khooken@gmail.com

Malaysia household debt is at peak 83% to GDP ratio (property 44%+, personal 18%+), at the same time market still having plenty of liquidity. RM22 billion in the conventional system and RM4.04 billion in Islamic funds. Short term rate remain stable (OPR 3%).

What do you think the POSSIBLE consequences will be? Especially on following areas

1. Stock Market (Finance, property, trading, construction, consumer..etc)
2. Property price
3. Ringgit exchange rate
4. Medium term OPR and BLR
5. Household income
6. Malaysia economic growth (GDP)
7. Inflation
8. etc