Wistron operated in India for 20 years. Outcome? Modi robbed and gave to Tata. Wistron lost a fortune in India, so it came over to Malaysia.

I am very confident!

Where got climate change? Donald Duck is going to pull out again if he wins this Nov election.

Everything is melting': Argentines seek cool as heat wave strikes

https://klse1.i3investor.com/blogs/kianweiaritcles/2024-02-02-story-h-189373265-_Everything_is_melting_Argentines_seek_cool_as_heat_wave_strikes.jsp


No soya harvest, good for Malaysia.......

12 Dec 2023, Peso was still at 366 to a dollar. By end of Feb 2024, it should be at 900 to a dollar. By Dec 2024, Peso should be at 1500 to a dollar.

So no soya harvest. Good for Malaysia! Please don't cry for Argentina. Peso is now at 826 to a dollar. Inflation going to be 300% for 2024 compared with 211% for 2023.

Why so bad? Self inflicted when the chose Argentina Donald Trump to govern the country for next 5 years.

YNH as it is now, next TP is 35 sen, then 25 sen, next 15 sen, ultimately 5 sen, then get delisted.

Rapid forced sale already reported.
Wait for the announcement for YNH forced sale reports.

Haha.....
How to rebuild investors confidence?
Explain in detail the prepaid JV Developments.
Who are the owners of JVs, where are the developments, expected completion dates, why so much deposits were paid, any clause to safeguard these investments.
If no valid explanation, potential investors must consider all these prepaid amount are gone.

Mah Sing very confident in property market for coming few years. This is already the 8th land transaction in recent months.

Likewise, many other developers are building up their land banks.
Next few years will see property boom for Malaysia.
Why?

So make sure JTiasa go down to 50 sen?

So to justify toll can extend for another 33 years.

Mudajaya went belly up because of India power venture. Ask KYY and he can tell you the whole story.

Everything is fine for IJM to secure major construction contracts EXCEPT building highways in India.
Never learn lesson from Mudajaya?
Never learn lesson from Xiomi?
Never learn lesson from Vodafon?
Never learn lesson from Wistron?

India is known to be corporate graveyard for foreign investors.
We expect IJM will lose rm 1 billion in potential Indian contract.

Play safe. Just leave India alone. You will not make money from India as Modi is going to find way to rob you 'legally'.

Go to TRX Exchange Mall,go to KLCC, go to Pavilion, go to Sunway Velocity. What do you see? 9 out of 10 Chinese are Main lander.

Posted by ks55 > Jan 12, 2024 10:03 AM | Report Abuse X

At 2.70, might as well switch over to Crescendo at the same price.

1.2 billion prepaid for JV Development to be taken as gone. How much is the left over after you deduct loans and liabilities?

Talk so much what for? We want action, not words.
What is Immigration Department doing?
Kota Raya full of illegal migrants.
Chow Kit full of illegal migrants.
Wisma MPK (Mydin Klang) full of illegal migrants.
All are eye sores to local businessmen and residents.
Never add points to promote image of Malaysia.

Both Rapid and YNH are heading for limit down

Both Rapid and YNH are heading for limit down.

Went hiding.

SC may be looking for him.

CCID may be looking for him.

Still got people interested in glove stock? Sudah tertinggal masa.

Go for property stocks now. Major developers already building up their land banks since last year. They are very confident in property market for next few years.

Go for Data Centres related companies. Malaysia is set for future Data Centre hubs. Go for Crescendo. It already sold 100 acres for 540 million, going to sell another 100 acres for not less than 500 million.

Why property stocks are good bet now? Interest rate has peaked at 4.25 - 4.5% for housing loan.

Which property stock is a better buy? You need to do your own research.

APM is leader of component OEM. Highly automated. More car sales, more components required. Just read the profit trend to make sure you are not leaving behind.

How should you vote in EGM?

Vote yes, you see value of fire sales bleeding your heart. At least getting some residue because not benefiting the Yu family.

Vote no, Yu family will do monkey trick again, and the property and money gone in thin air.

Either way is no good to shareholders. Just have to weigh which one cause lesser damage.

Wait to see another fire sale of Genting land. Could it be sold for rm 50 million? Who would be the buyer? Make sure is not sold to person related to Yu brothers.

RM 1.2 billion prepaid JV development most probably will be wiped out completely, that is already more than double the paid up capital. What about the loan? Still got future for YNH?

SP Setia starts its rocket to the moon now. You know what? More than 500 acres of Petaling Garden land in Klang is now developed into an industrial park. Petaling Garden was acquired by I&P, but I&P is now wholly owned by SP Setia. Where is exactly this land? Beside Klang Sentral across Jalan Meru is Setia Alam...........

He may be dead by then. Just let him alone. His personal view is no more relevant. Can completely ignore him till his last day. After that, people will come out to praise him for his contribution to help develop Malaysia.

Volume shrinks. Not a good sign.........at least for near term..............

Why Ekovest price movement so erratic not like WCT? Anyone wish to explain?

WCT is moving gradually towards my TP 80 sen. Volume is building up too..........Very healthy sign..............

Scomo caused so much harm to Australia. Surely China won't want to have any deal with any company associated with him.

Tun M lost his deposits........

Today total transaction 234 million. Considered 60% were done by day traders, total forced sold share at most is 100 million. We are expecting at least 50 million to 200 million shares are still on the pipeline to sell.

Since YNH already experienced 2 limit down in a row, sellers cannot sell lower than 55.5 tomorrow. No much transaction expected tomorrow. Real show will be on Wednesday. Wait and see if its share price will again hit limit down at 25.5 sen on that day.

Posted by mohdshareef > Jan 22, 2024 3:38 PM | Report Abuse

@ks55 Datin Chan Sow Keng is wife of Yu Kuan Chon



So Yu Kuan Chon is getting rm 10.1 million Director's fees instead of 7.5 million. Alternate Director's fees are taken from its principal Director. Check how much CEO of Crescendo paid. Check how much former Executive Chairperson of Plenitude was paid. All these two companies are much larger and more profitable than YNH!

At least CCHB has plenty of land in good location, in Bukit Jalil growth triangle.

Record sales for automobile simply translate to more components and car seats required. Go and buy APM now. It is value for your money........

Blog: Crescendo - Profit jumps 270% in third quarter. Launching a further RM500 million land for sale after clinching RM543 million sales in just 10 days. Best deal for 2024?

Jan 21, 2024 5:26 PM | Report Abuse

Intrinsic value per share for Crescendo is not less than 9 ringgit, taking into consideration quality and credibility of its Directors, steady earning potential for next few years, healthy financial status and strong cash flow, very solid background of its major shareholders (no pledged securities/ nominee holders), recently land disposal, intended further land disposal, development lands were purchased more than 20 years and the location of these land bank.

Looking forward to rm 6 in near future.

Whether you like it or not, today's closing will be at limit down price........

Number of share subjected to forced selling is between 240 million to 300 million. New owner will emerge. First thing to do for new owner is to stop all contracts/ agreements entered by 'previous owners'. Conduct a forensic auditing. Make sure no cash/ liquid assets are transferred out. Freeze all bank accounts. Freeze all movement of staff in and out from company's premises for a week to facilitate transfer of books and proper handing over.

It is just 4 sen away from limit down price. If is again close at 55.5 sen, there will be no escape for those still holding to the share.

Simply the Directors are not trustworthy. Prepaid Joint Ventures most probably already gone. Even an unknown woman was paid 2.6 million for sleeping at home. Who is that woman?

Intrinsic value per share for Crescendo is not less than 9 ringgit, taking into consideration quality and credibility of its Directors, steady earning potential for next few years, healthy financial status and strong cash flow, very solid background of its major shareholders (no pledged securities/ nominee holders), recently land disposal, intended further land disposal, development lands were purchased more than 20 years and the location of these land bank.

Looking forward to rm 6 in near future.

These two Dato Dr Yu as Executive Chairman and Dato Yu as Managing Director already took more than rm 15 million as Director's fees and salaries. Worst still is this woman Datin Chan Sow Keng as Alternate Director (alternate to which Dato?) also got rm 2.6 million pay. She was not listed as a Director and no profile given. She was also not stated any relationship with the other two Dato's in the Annual Report. Who is this woman?

Alternate Director
Datin Chan Sow Keng rm 2,605,000

Surely SC must do a thorough and in depth investigation into YNH. Highly probable can charge those responsible and secure conviction under Bursa Listing Rules and Regulation, perhaps charge them for CBT by Agent under Sec 409 Penal Code.

Johor developers with cheap land banks all are good buy. Those land bought 20 years ago, i.e. 2003 were all dirt cheap, appreciated 10 or 20 times already. Among the value buy should be Crescendo, KSL, Keck Seng, IOIP etc etc.


Stock: [KSL]: KSL HOLDINGS BHD

Jan 15, 2024 7:11 PM | Report Abuse

Compare KSL with Crescendo.

https://klse1.i3investor.com/servlets/stk/chart/5038.jsp
https://klse1.i3investor.com/servlets/stk/chart/6718.jsp

Which one will give better return with minimum risk as an informed investor?

All 30 largest registered shareholders are nominees (pledged, securitized, margin accounts) total 300 millions (56.6%). How many more nobody knows. All these shares are subjected to forced selling on Monday, or Tuesday. Surely Monday will be another limit down.

YNH is going to repeat what Ekran experienced, from 7.60 to 67 sen. Due to highly suspicious nature of Joint Ventures Deposits paid without any clarifications and explanations (total rm 1065 million), meaningful transaction with volume may take place on Tuesday at 25.5 sen

JOINT VENTURE DEPOSITS PAID
Lot 2579, Lot 2594, Joint development 12.30 Proposed high rise Freehold 129,500,000 -
Lot 3458 & Lot 3469, properties condominium
Mukim Batu, Daerah
Kuala Lumpur
Lot 4753, Mukim Batu, Joint development 5.14 Proposed high rise Freehold 207,300,000 -
Daerah Kuala Lumpur properties condominium
Lot 449, Mukim Batu, Joint development 5.06 Proposed high rise Freehold 72,000,000
Dearah Kuala Lumpur properties condominium
PT 10415, PT 10416, Joint development 50.00 Proposed mixed Leasehold 39,811,000 -
Mukim Lumut, properties development (3.3.2104)
Daerah Manjung
Lot 400, Bandar Lumut, Joint development 25,87 Proposed mixed Leasehold 37,509,000 -
Daerah Manjung properties development (15.1.2105)
Lot 3566, Lot 3567, Joint development 5.21 Proposed mixed Freehold 6,500,000 -
Lot 3568, Pangkor Island properties development
PT 10513, Mukim Lumut, Joint development 24.67 Proposed mixed Leasehold 12,100,000 -
Daerah Manjung properties development (2.11.2103)
Lot 15233, Mukim Batu, Joint development 2.66 Proposed high rise Freehold 54,500,000 -
Daerah Kuala Lumpur properties condominium
Lot 10496 to lot 10518, Joint development 307.30 Proposed mixed Leasehold 34,848,000 -
Mukim Hulu Bernam Timur, properties development (4.7.2095)
District Batang Padang, Perak

JOINT VENTURE DEPOSITS PAID (cont’d)
PT 1792 etc, Kuala Pilah, Joint development 76.72 Proposed mixed Leasehold 65,653,000 -
Negeri Sembilan properties development (30.12.2086)
Lot 61113, Joint development 22.67 Proposed mixed Leasehold 28,500,000 -
Mukim Belanja, Perak properties development (4.3.2112)
Lot 48632, Mukim Kuala Joint development 6.29 Proposed high rise Freehold 239,500,000 -
Lumpur, Daerah Kuala Lumpur properties condominium
Lot 594, Mukim 09, Joint development 27.06 Proposed mixed Freehold 27,669,000 -
Daerah Sebarang Prai Selatan properties development
PT 2856, 3168, 8289, Joint development 0.71 Proposed high rise Freehold 10,500,000 -
Mukim Damansara, properties condominium
Daerah Petaling
69 plots, Mukim Kuala Joint development 1.00 Proposed commercial Leasehold 72,800,000 -
Lumpur, Daerah Kuala Lumpur properties development (2.11.2066)
Lot 5274, Mukim Damansara, Joint development 1.51 Proposed high rise Freehold 23,045,000 -
Daerah Petaling properties condominium
Lot 2355, Mukim Batu, Joint development 2.78 Proposed high rise Freehold 38,383,000 -
Daerah Kuala Lumpur properties condominium

Haha....Oversight? Transaction on 18 Apr 2022, only make announcement on 17 Jan 2024 after share price already went multiple limit downs. Surely the Directors must be charged in court for deceiving shareholders. More so when the terms is so ambiguous. Not a related transaction? Who is Lau Sheng Ming? Who is this Yu Teong Wei?

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=143821&name=EA_GA_ATTACHMENTS

JTiasa coming out from hibernation. Showing its claws now.........

Information on the Purchaser

As at the 10 November 2023, being the latest practicable date of this announcement
(“LPD”), MPSB has a total issued share capital of RM100,000 comprising of 100,000
ordinary shares. MPSB is a wholly-owned subsidiary of Microsoft Ireland Operations
Limited. MPSB is principally engaged in the business of provision of datacentre
services.


UTILISATION OF PROCEEDS includes Funding of ongoing projects:

The proceeds are intended to be used to partially fund the infrastructure and construction cost of the Group’s development project, namely Bandar Cemerlang project.
Bandar Cemerlang consists of 1,390 acres of gross development land near Ulu Tiram which will be
developed over a period of 15 to 20 years into 864 acres of self-contained new township with residential and/or commercial developments and a 526-acre industrial park. It is approximately a 30-minute drive from Johor Bahru City Centre via Tebrau highway & Eastern Dispersal Link

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=142162&name=EA_GA_ATTACHMENTS

This is call efficiency. Conditional S&P signed on 17 Nov 2023, EGM on 5 Feb 2024, circular out 18 Jan 2024. Expected date of completion before 30 Sept 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3415625

The tracks are already in place. Only need to procure new roller stocks and software to run the system. Why take so long? Why so expensive? Should MACC look into the contract?