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2015-06-16 14:06 | Report Abuse
Can reject but higher price is up to the offeror. The independent adviser will say whether the price is reasonable or not. Personally, I think it is a no brainer advice that it is not fair and unreasonable.
2015-06-16 11:51 | Report Abuse
Ridiculous offer, at this price pe is less than 6x. NTA 2.06. What kind of rubbish offer !! GDV is in billions.
2015-06-15 13:22 | Report Abuse
Something about the vendor not fulfilling conditions viz development order etc
2015-06-15 10:47 | Report Abuse
T4 today with big volume, after today volume drop a lot. May be a good day to slowly collect.
2015-06-06 11:35 | Report Abuse
Got. 4000 shares. Tuesday listing . Strong swimmer , hopefully
2015-06-01 23:25 | Report Abuse
Re Mr Koon's statement on Hua Yang that it will take 7 years to complete the development of the land before profit can be realized , I thought that developers recognized profit based on progressive billings . Therefore , even if the whole piece of land is completed over 7 years, profit will be recognized over the duration of 7 years . Correct me if I am wrong .
2015-06-01 11:35 | Report Abuse
Cimb latest report said JQ approval obtained and will launch project soon, but all depends on how good is response.
2015-05-28 18:00 | Report Abuse
One more day, can stretch till month end.
2015-05-28 16:44 | Report Abuse
Thanks, KC.
2015-05-28 16:44 | Report Abuse
Posted by mahorse > May 28, 2015 10:32 AM | Report Abuse
Dear KC, in the case of property stocks, do you mark down "Property Development Costs" which is classified under Current Assets. Thank you.
All depend if the property development can sell well or not. If it can, then it may even worth more than its book value; otherwise it may not worth much at all.
2015-05-28 15:40 | Report Abuse
Good company, just that sales have dropped last quarter. Otherwise, plenty of cash
2015-05-28 11:08 | Report Abuse
Graham Net Net strategy : I am still learning from the Old School Value website and waiting for expertise guidance from KCChong. Here is the preliminary calculation based on latest results.
Current Assets 950.279 mil
Current Liabilites 473,660 mil
Long term borrowings 180,627
If I based on Graham's NCAV ( Net Current Asset Value ), the results as follows :
CA-CL-LT = 295,992 divide by shares outstanding 206.250 million equals RM 1.435 per share.
Graham's criteria to buy if share price is 2/3 of this value, that means the figure is 2/3x1.435 equals 95.6 sen.
If I based on Graham's NNWC ( Net Net Working Capital ), the results as follows :
Cash + Short term investments + ( 0.75xTrade Debts) + ( 0.5xStocks) - Total liabilities, equals RM 1.156 per share. The question I sought clarification from KCChong is whether do you mark down "Property Development Costs" classed under Current Assets.
Phew, a lot to learn, just some contribution since everyone is looking for cherries :) still learning.
Please feel free to correct my understanding or misunderstanding.
2015-05-28 10:32 | Report Abuse
Dear KC, in the case of property stocks, do you mark down "Property Development Costs" which is classified under Current Assets. Thank you.
2015-05-28 08:14 | Report Abuse
Momentum is quite steady although no further news
2015-05-28 08:13 | Report Abuse
Is the bottom here , now that the latest result is out?
2015-05-28 08:11 | Report Abuse
All the board members cv looks impressive.
2015-05-27 15:04 | Report Abuse
Imagine the whole country in desperation because of one issue.
2015-05-27 12:06 | Report Abuse
Why waste time talking down stocks, do bottoms up cherry picking.
2015-05-27 09:07 | Report Abuse
Why puncture so early. Yesterday so nice.
2015-05-26 18:47 | Report Abuse
How can ace be better than main
2015-05-26 17:07 | Report Abuse
How do you think this IPO will fare ? Chances of success is high in this market. What is fair value ? Nothing in the papers ?
2015-05-26 06:26 | Report Abuse
In today Edge, CFO under probation, workload heavy , decided to leave after job done. Previous CFO who was taking charge of other department now back to old post
2015-05-25 21:27 | Report Abuse
Yes , S $350k can buy a nice 1000sf condominium in Medini.
2015-05-25 08:05 | Report Abuse
Yes, hopefully small ipo will do well, like BioAlpha.
2015-05-23 02:27 | Report Abuse
Ok lah , will subscribe .
2015-05-22 19:51 | Report Abuse
When would be right time to buy as this in fighting is just starting.
2015-05-22 11:49 | Report Abuse
Unlikely to be like Malakof. Sometimes you wonder whether the cornerstone investors willingly take or ask???
2015-05-22 09:30 | Report Abuse
Why sales drop almost 20% . Any indication how next quarter.
2015-05-22 09:03 | Report Abuse
Hungry to punt IPo, nothing else to look at.
2015-05-22 08:59 | Report Abuse
Palm oil machinery supplier . Helps to improve yield ? May have potential.
2015-05-14 09:53 | Report Abuse
Aiyoh, one of my 5 stocks picks for TanKW. Need more info. Why comments all in Mandarin.
2015-05-14 09:37 | Report Abuse
Move at very narrow range for a long while. difficult to trade.
2015-04-30 10:29 | Report Abuse
You dont sue Bursa. You sue the company. The announcement came from the company.
2015-04-30 10:15 | Report Abuse
Rubbish announcement. Not careful. How to compensate those who chased thinking you are getting 15 sen ?
2015-04-30 10:11 | Report Abuse
What the...! Run for 2 days and sudden drop ?
2015-04-30 10:10 | Report Abuse
Hello, share consolidation from 5 to 1, closed at 46 sen, times 5 = 2.30. Your original 5 shares now only 1 share.
2015-04-29 10:57 | Report Abuse
Paid or unpaid leave ? Paid leave, buta gaji.
2015-04-27 10:32 | Report Abuse
what is the story ?? Smallest furniture stock. Trailing revenue only 28 m. Production capacity is there, but where is the order ?
2015-02-06 17:43 | Report Abuse
Mr Tan, closing price for rights price was 23.5 sen. Thanks.
2015-02-05 09:28 | Report Abuse
To a certain extent. Stockdummy is right. No matter how good the company, if nobody knows, even long term holders will suffer. No div for past 10 years ( until this year ) . Only major shareholders who are also directors with good salary and benefits will gain and survive.
2015-02-04 11:24 | Report Abuse
Why no heavy selling ? closing shop soon , if appeal unsuccessful ?
2015-01-31 04:15 | Report Abuse
Mr Tan
How do you adjust for Insas? Thank you.
2015-01-27 22:28 | Report Abuse
Didn't attend. Held in Johor , too far. What do you expect from the AGM?
2015-01-19 09:58 | Report Abuse
Come on, Tafi. catch up to the rest of the furniture stocks.
2015-01-16 13:29 | Report Abuse
Mr Tan
BCB just ex dividend from 16 Jan, 3 sen single tier. Thank you.
Insas has corporate exercise on rights etc. Will advise you when rights is traded.
Stock: [BCB]: BCB BHD
2015-06-16 23:07 | Report Abuse
You see why this is a rubbish offer. Not even a single English daily picked up the story.Adoi Adoi :))))))))))))