go for sunright (SGX)....if u are an opportunist.
since kesm and other semi con related counter are booming..
look at penta also flying...i

the old geezer..OTB can also claim credit for sunright.. same as he shamelessly take credit for kesm..

Now KESM worth= RM 632 million..
Sunright 48% stake is worth RM 632x 48%= RM 303M or around SGD$ 100M.
Sunright O/S shares is ~$122.8mil.
So $100/$122.8 = 0.81c (now sunright only trade at 0.555)...
so sunright is an arbitrage opportunity.

KESM = RM$15
Sunright = SG$55.5c
Opportunity in Sunright.

Adalah sikit sikit..

Yes 122.8 mil shares.. 93m/ 122.8=76c..
It also has around sg $48m in cash..
More importantly revenue growth outlook is positive for rest of 2017. From the automotive sector..
Penta, aem, kesm, all doubled /trippled/ for aem it quadrupled..
The semiconductor sector is growing..

In other words sunright at 56.5c still got room for upside just basing on its sum of parts valuation

48% x $586m (kesm mkt cap) =rm $281m or sgd 93mil..
Sunright current mkt cap only sg$69mil..
It also has $48mil in cash...

KUALA LUMPUR: M K Land Holdings Bhd has become the latest public-listed group to announce the receipt of a surprise tax bill from the Inland Revenue Board (IRB).

In a filing with Bursa Malaysia on Monday, the company said wholly owned subsidiary Saujana Triangle Sdn Bhd (STSB) -- the developer of its flagship Damansara Perdana project in Petaling Jaya -- had been served with notices for an additional income tax of RM55.7mil and a 45% penalty of RM25.07mil.

The tax bill of RM80.77mil is in relation to years of assessment 2009-2011 and 2013.

M K Land said the IRB decided to impose the additional income tax and penalty for three reasons.

One, it considered the gains from the disposal of land held under Investment Properties in year of assessment 2009 as revenue in nature, instead of capital in nature.

The IRB has also disregarded the five-year time barred period to raise the said assessments in respect of the land disposal.

Finally, the IRB has disallowed certain development costs on the basis that these were only provisions and the amounts had yet to be paid. Thus it does not treat them to be incurred for the purpose of Section 33 (1) of the Income Tax Act, 1967 (as expenses that qualify for tax deduction).

M K Land said STSB disagreed with the assessments raised by the IRB and would therefore appeal.

Based on the advice from both its tax consultants and lawyers, STSB felt the land sales of the Investment Properties were capital transactions that were liable to real property gain tax in year 2009 (tax-exempt year).

In addition, STSB is of the view that the notices of assessment raised are statute barred and erroneous in law.

Further, according to STSB, the accrual of development costs has been allowed according to accounting standards and IRB’s public ruling on property development.

M K Land said it would make further announcement if there was any material update.
Read more at http://www.thestar.com.my/business/business-news/2017/05/22/m-k-land-gets-surprise-tax-bill-with-fine-totalling-rm80pt77mil/#c7MjGqV8A57REZZK.99

There are only 1 or 2 local property and construction company which has the financial means ...and now can potentially become the master developer now that iwh and crec gone case..

few years ago, they want to venture into "LED"... now i think this company dont have any direction?

This share is purely for trading purposes

Cuba bayangkan tomoro movie -kisah fast and furious 9:
Operator of this push up a bit...apply 5th gear..tekan nitro..
put big buy queue..
wow syok ya!
Semua retailer go all in-buy syok-syok... good !recovering...pandai..
Then suddenly "bam"..buy queue "hilang".."dom a.k.a toretto"..tekan nitro but - reverse gear...down

This operator is ruthless..
If drop 1-3 sen the retailer still can / have time to cutloss..
This one down sekaligus hantam down 19c..
Bagi la chance budak-budak keluar...
Tomoro no eye see...

Its "ruthless"..
The drop very dangerous ...like fast and furious 8

Tooked profit too..

When go up no one sell? When go down, all want to sell..
So its funny haha

The sudden gostan down ...a lot caught...

G residence started in 2014 ...
Now is 2017? Sudah siap? Which floor?
In N korea - 74 days= 70 story building.

http://www.upi.com/Top_News/World-News/2016/08/03/North-Korea-touts-construction-miracle-70-story-building-in-74-days/4881470233044/

After the name busuk can change name again to zorro berhad

Tomoro drop la...
Today up..
G residence need more than beauty to complete sales

Anzo become zorro?

"orang yg tamak, selalu rugi"..
some of us learned that in kindergarden- i think.

trap of the century?

Medainc-wa

To be syndicate surely their technology cannot be using calculator, or pencil and paper or buku lima..:)

pump & dump la..

Win liao..menang ?

After so long "g residence" still not yet complete? Either low take up or the company waiting for new "suckers"/buyers to get.new capital..
Whats really happening is there is oversupply & the outlook of jb property mkt has been hit by recent new capital control regulation from china -hitting the 100billion forest city project

Bonus issue is usually good.. means company giving u free shares..
if rights issue then not good -means company asking for more capital from shareholders..
It also make the share more liquid..
Whether it will goreng or not - it depends..on the larger players/sharks

One day wonder

In order to pay the wife..he will need all your support

goreng.

Potential Momentum Stocks - 11 Apr 17
Stock Name: MENANG (1694)
Entry: Buy above RM0.835
Target: RM0.925 (10.8%), RM1.00 (19.8%)
Stop: RM0.785 (-6.0%)
Shariah: Yes
Technical: Monitor for breakout

undervalue counter

With jack around goreng mee

Being the richest man in the cemetery doesn't matter to me. Going to bed at night saying we've done something wonderful, that's what matters to me. - Steve jobs.

maybe kyy and otb can learn from steve jobs and be less "shameless" than now.

Which company meet with jack? Haha

Sometimes i wonder ..wtf a person who already have enuf money want to make even more at the expense of other old man and old woman,kids, newbies,& others poor investors..its a zero sum game.. in order for kyy to win ...thousands of other old man & woman will have to lose....
can kyy & otb really take their wealth to hell?
Or have they done so much bad things in life that they need so much to bribe their way through the at hells gate..
I think kyy & otb miss optimus so much & cant wait to meet optimus soon..?

Many jobs will be lost once its sold or takeover.

Are they refering to kyy ?

Post removed.Why?

Well kyy is an old geezer and an opportunist..
Otb is the sidekick..
Batman and robin..
Sifu and sidai as some put it..
If u enter jaks now at 1.51 - high chance will get caught when he suddenly start selling..

Lay hong & dnonce ....synergies...

Well dont get 'puc' back instead..
In the past many get puc but kena puc back..

Its bagus....

Time to sell..

http://chedet.cc/?p=2439

"ONCE upon a time Malaysia was called an Asian Tiger. Today Malaysia is not even a pussycat" - Dr M

lay hong in the news...
lay hong interested in dnonce.
http://www.thestar.com.my/business/business-news/2017/02/06/foreign-funds-eyeing-some-poultry-players/

What u fail to calculate is when petrol price goes down ...the burger, roti and hot dog didnt go down..
Creating hyperinflation...haha