limch

limch | Joined since 2015-08-29

Investing Experience -
Risk Profile -

Be greedy when others fearful-Warren Buffett. UM graduate. 27 years experience in stock market. Graduate same faculty like KWAP CEO. Like CPO and property counters bec believe land will appreciate over time.

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Stock

2017-09-06 10:37 | Report Abuse

No Z FGV drop 20% so must wait his comeback?

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2017-09-06 10:16 | Report Abuse

High CPO price and FFB output can help FGV along with lower sugar raw mat cost in 2nd half 2017.

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2017-09-06 10:07 | Report Abuse

Affin top banks buy. If depend on i3 forumers tan ku ku lah is the answer.

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2017-09-06 09:59 | Report Abuse

What incentive is Jaks BOD to run Jaks well when their boss not looking after them everyday? If I am BOD I better take care my own pocket than Jaks.

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2017-09-06 09:51 | Report Abuse

NTA 1.1232 so Morgan Stanley keep buying and takeover? After takeover can sell Media properties for 40-50 sen gain?

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2017-09-06 09:45 | Report Abuse

Many substantial shareholders own less than 20%. Ma Guoliang still own over 50% Xinghe.

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2017-09-06 09:44 | Report Abuse

Beware of Jeffreyteck. All his postings is bad intention.

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2017-09-06 09:42 | Report Abuse

Substantial shareholder is old man KYY? Can he run Jaks at age 84?

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2017-09-06 09:36 | Report Abuse

Lotte EPS 6 sen can fetch RM 5.3 why SOP better EPS cannot? If talk abt CPO counter why IOI can fetch 4.52?

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2017-08-31 16:58 | Report Abuse

Magna Prima may develop 1.06ha in KL

By K. BEGUM - August 31, 2017 @ 10:28am
MAGNA Prima Bhd may develop the prized 1.06ha site in Jalan Ampang, Kuala Lumpur, by itself, instead of an outright sale. It will fetch a gross development value (GDV) of RM2.2 billion.

A new development plan is in the works for the freehold land, where the Lai Meng primary school was formerly situated, according to sources.

“Magna Prima is still open to selling the land if they get a good offer but if it takes too long they will develop the land on their own or in a joint venture with a reputable developer.

“They have been holding the land for seven years and it is time they do something about it. I think the timing is just right as the market is expected to perform better in the second half of next year and onwards. It would be best now to unlock the value of the land,” a source told NST Property.

Magna Prima had bought the land seven years ago for RM1,350 psf or RM148.2 million cash.

The small-cap developer had intended to carry out a mixed project with a GDV of RM1.8 billion at a plot ratio of 1:12.

The proposed project would be made up of two 60-storey iconic towers. One would be a grade A office with Green Building Index features while the other will have a combination of serviced apartments, a hotel and offices.

In 2015, Magna Prima decided to sell the land to strengthen its balance sheet and re-focus on other niche projects.

It was reported that Magna Prima was looking at a price tag of about RM3,500 psf for the land, which works out to RM400 million.

Retirement Fund Inc was interested in buying the land two years ago. The pension fund had offered about RM3,300 psf but nothing was finalised.

According to Hua Yang Bhd chief executive officer Ho Wen Yan, offers are still coming in for the land, which is 300 metres from the KLCC.

“The interest is there because not much prime land in the vicinity of KLCC are still available for development. So there are always offers, but Magna Prima is not actively marketing it.

“In fact, they have just appointed a new architect and are looking at resubmitting for a higher plot ratio currently. So it is possible the land may be developed,” he said last week after the company’s shareholders’ meeting in Kuala Lumpur.

Ho had said previously that he hope the Lai Meng land project would take off in the next financial year or in two years to realise the potential of the company’s investment in Magna Prima.

Hua Yang is the single largest shareholder with about 30.95 per cent stake in Magna Prima.
https://www.nst.com.my/property/2017/08/274920/magna-prima-may-develop-106ha-kl#cxrecs_s

Stock

2017-08-30 20:59 | Report Abuse

I afraid today big surge due to 60 years Merdeka tomorrow. Will drop back next Monday?

Stock

2017-08-30 20:39 | Report Abuse

After seeing HuaAn big surge today got incentives to relist back. All these because brokers are ghosts behind pushing down and up.

Posted by sengkee > Aug 30, 2017 06:44 PM | Report Abuse
But many red chips still suspended. Not much choices left

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2017-08-30 17:58 | Report Abuse

Semua red chips up back?

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2017-08-30 17:58 | Report Abuse

Why nobody buying cheaper Red Chips Xinghe?

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2017-08-30 17:37 | Report Abuse

EPF bought 3.1299 million shares.

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2017-08-30 17:34 | Report Abuse

Back to net cash. Q3 with PP money can further reduce finance cost.

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2017-08-30 17:32 | Report Abuse

bought at 4.28.

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2017-08-30 17:23 | Report Abuse

Sold at RM 7.08. Bought AMMB.

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2017-08-30 17:04 | Report Abuse

My wish on QOQ improvement come true. EPS 0.18 sen better than Q1 0.16 sen.

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2017-08-30 16:30 | Report Abuse

Hua Ann 16 sen.

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2017-08-30 15:42 | Report Abuse

If MSM don't supply sugar to F&N do they have today RM 24?

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2017-08-30 15:40 | Report Abuse

What business F&N can do why not FGV?

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2017-08-30 15:38 | Report Abuse

Whenever I drink F&N drinks every day it is disheartening to see F&N make more money than MSM and FGV when sugar is supplied by MSM. Why not FGV do F&N business?

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2017-08-30 10:20 | Report Abuse

Hengyuan when pay dividend?

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2017-08-30 10:18 | Report Abuse

Reach-W 6.5 sen can get dividend?

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2017-08-30 10:16 | Report Abuse

Losing money Sanichi why 10 sen higher?

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2017-08-30 10:14 | Report Abuse

PM Corp, MUI losing money 11 sen higher than Xinghe.

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2017-08-30 10:13 | Report Abuse

HuaAnn NTA 28 sen fetch 11 sen so Xinghe above 10 sen only fair.

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2017-08-30 10:08 | Report Abuse

E&O EPS 1.55 sen RM 1.55 why Trop 3.63 sen only 95.5 sen? We are not asking 1.6-2 why RM 1 difficult?

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2017-08-30 09:56 | Report Abuse

60 sen today for tomorrow 60 years Merdeka?

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2017-08-30 09:52 | Report Abuse

Tomorrow 60 years Merdeka so must close 6-6.5 sen today?

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2017-08-29 12:32 | Report Abuse

Only Dr M(now in Pakatan) understand what Chinese want?

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2017-08-29 12:30 | Report Abuse

2 more days to celebrate Merdeka 60 years. What Chinese want also MCA(BN) don't know? Must vote Pakatan(DAP) in GE 14?

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2017-08-29 12:04 | Report Abuse

If Vivo operator is fair should compare coming Vivo QR QOQ and not YOY.

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2017-08-29 11:51 | Report Abuse

Darth if you read my above posts why not you talk in Sendai or any other counters PP subscribed by Macquarie? Why must only you talk here?

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2017-08-29 11:47 | Report Abuse

Why Sendai PP at 94 sen yet can trade at RM 1.11(18% higher)? Sendai PP also subscribed by Macquarie. Vivo shareholders pls shut Darth mouth from time to time. Only he doesn't want Vivo to move up.

Stock

2017-08-29 10:21 | Report Abuse

Yesterday those buying no money to pick up why?

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2017-08-29 10:08 | Report Abuse

IOI RM 4.51 does it mean higher EPS than SOP?

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2017-08-29 09:48 | Report Abuse

Those complaining here should check Mitra QR to compare.

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2017-08-29 09:47 | Report Abuse

Farlim fellow Penang property co can trade at 51 sen no reason why Ivory bigger developer cannot?

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2017-08-29 09:37 | Report Abuse

Xinghe business is seasonal ie best during 1st and 4th quarter of the year and slowdown during 2nd & 3rd qtr. Can avoid loss during slowdown period consider good enough.

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2017-08-29 09:31 | Report Abuse

Based on yesterday released QR EPS 1.79 sen annualised EPS is 7.16 sen. PE only 5.5 at 39.5 sen.

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2017-08-29 09:24 | Report Abuse

First time net cash since IPO?

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2017-08-29 09:23 | Report Abuse

Cash per share at highest ever 9.1 sen. 0 bank borrowing can save interest expenses.

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2017-08-29 09:20 | Report Abuse

MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)

FELDA GLOBAL VENTURES HOLDINGS BERHAD

Type Announcement
Subject MONTHLY PRODUCTION FIGURES (MINING / PLANTATION / TIMBER)
Description CROP OUTPUT FOR JULY 2017
The production figures of the Felda Global Ventures Holdings Berhad for the month of July 2017 set out below:

Items Production
Fresh Fruit Bunches 436,252MT
Rubber 440,656 KG
Crude Palm Oil Produced 289,208 MT
Palm Kernel Produced 71,980 MT
This announcement is dated 28th August 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5528705

Stock

2017-08-29 09:14 | Report Abuse

Highest CPO in July 2017 since 2015. So without Z and Isa Samad FGV even better?

Stock

2017-08-29 05:13 | Report Abuse

Trap ikan bilis buy CW? IBs' staff get big bonus in 2017?

cooling Mr Freddie say already hit resistance....time to run.....Rm8.00 is a dream to trap ikan bilis
28/08/2017 15:27

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2017-08-29 04:51 | Report Abuse

You are lucky now where got miss?

paperplane damn, miss this one.....
03/08/2017 18:24