Look like 4.00 achievable? Or can go lower?

:)

Still got ppl buying 0.385 small lot? Just to maintain the price?

@Daim88, this news not affecting PETGAS? Instead affecting PCHEM?

QR out but not reflecting share price?

Expecting share price to drop more OR already priced in?

Foreign lose >USD190mil ? That's a huge amount

Going 52W low?

Year low.

Wood related counters are very quiet

Thanks for sharing

Changing hand @0.295 ?

Playing range 1.01 - 1.03 ?

:)

Is it possible to exit PN17?

Ambank already above RM5, Affin still below RM3

..

..

Gosh, drop so much

:)

Director self buying-selling @0.035 ?

So quiet..

..

Today moving up a bit.

Soon same height with BIMB

GOSH! RM2.78 now

Sliding down to RM2.85 today

SimeProp already 1.60 but UEMS still not going up

Impact on mother share?

The Right commence of trading on 08 Aug 2024

this forum still so active

any chance go below 0.30?

noted on that

vanbasten9 > Aluminum futures on a year has zoom past 2700 n will reach 2800 this year.. grab
14/11/2021 7:56 AM

RM6.8 still holding well

Q RM4.5 since last week, but doesn't drop there

BoomBoomChak > Let is drop somemore to 4.55.
01/11/2021 3:44 PM

Serba still in MSCI?

UEMS still in MSCI?

wait for IB to write something, it shall react.....

CIMB RESEARCH December 21, 2015
Only World Group Holdings Bhd (Dec 18, RM2.68)

Maintain add with an unchanged target price of RM4.93: We visited Komtar recently for a progress update on the state of launch-readiness. Our earlier expectation was for a launch in two phases — December 2015 and February 2016.

It appears that this has now been changed to a single grand launch on April 1, 2016, so that the project becomes a single coherent destination where all attractions and destinations are ready. As a result, we lower our financial year ending June 30, 2016 (FY16) earnings per share (EPS) by 10% to account for the delay.

Only World Group Holdings Bhd (OWG) project director Kenny Yap took us on a tour of the site. Although Komtar will be launched on a single date, the various components are still targeted to be completed in two phases. In phase one (end-January 2016), the themed attractions I Love Penang gallery, Doraemon, Haunted House, 5D Sea Explorer and Playoke will be completed.

In phase 2 (mid-February 2016), Jurassic Park, Zodiac Park, Mirror Maze, Milliondollar Carousel and 7D Planetarium Dome will be ready.

Our current assumption of a blended ticket rate of RM15 (at one million visitors per annum) for the observation deck is conservative. Based on the comparative pricing for tickets in the Kuala Lumpur Tower and Petronas Twin Towers, Komtar could potentially earn a blended ticket rate of RM40. This would lift our FY16 to FY18 EPS forecasts by 11% to 46%, and could raise our share price valuation to RM6.95.

If we include the upside potential both from higher ticket prices and the themed attractions, our FY16 to FY18F EPS could rise by 16% to 71%, which could lift our share price valuation to RM8. As with all construction projects, the biggest risk to our earnings projections is further delays in the launch of Komtar. — CIMB Research, Dec 17


https://www.edgeprop.my/content/komtar-opening-could-lift-owg%E2%80%99...
22/01/2021 1:20 PM

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josephn > OWG worth Rm6.95 in history, now super cheap to buy, maybe wait another few years may rebound back to highest peak of RM 6. Genm recovery stock already rise, I think is this OWG turns
16/02/2021 3:01 AM

Bro TreeTopView is here. Interesting counter to watch. Planning to buy some.


TreeTopView > Valgrovest, another 501,000 shares shorted yesterday (Wednesday 3rd), taking the last two day total of shorting to 1.35 million.

I'd be careful making a buy call at the moment.....all IMO, of course.
Check the chart and add in a few indicators to see if you are confident about buying right now.

My opinion is that it's not a buy on chart analysis.....but I could be wrong.
04/11/2021 11:29 AM

really ?


newtrader1989 > Abdul Karim of Serba Kon group of companies is the new ceo of Takaful?
05/11/2021 5:46 PM

wooow, AmInvest TP RM4.70

Investment Highlights
We maintain our BUY call on Syarikat Takaful Malaysia Keluarga (STMK) but lower our fair value from RM6.20/share to RM4.70/share. Our valuation is now based on FY23 P/BV of 2.4x supported by ROE of 23.5%. We have reduced our FY23 earnings by 15.8% to factor in the impacts of FRS 17.
We normally base our FV on FY22 numbers before rolling over valuation to FY23 after the end of 1QCY22. However, to be conservative, we have accelerated our valuation on STMK to be based on FY23 estimates which have incorporated the impacts of FRS 17.
With the recent share price weakness, we see value emerging on the stock. Nevertheless, potential upside is seen narrower than before after taking into account the potential impacts of FRS 17.
Based on our channel checks, FRS 17 which will replace FRS 4 is likely to be implemented on 1st Jan 2023. At this juncture, regulatory authority has yet to issue the finalized guidelines. Changes may still occur between now and the implementation date of the new accounting standard.
The adoption of FRS 17 requires retrospective adjustment. Looking ahead, there will be a day 1 adjustment, impacting the opening balance of STMK’s shareholders’ funds in FY23. Unearned profits will be reversed out from its retained earnings. It will then be recognized under insurance contract liabilities in balance sheet.
We see FRS 17 to be largely impacting STMK’s family takaful business. In 1H21, credit related contributions (MRTT including LPPSA MRTT and personal financing) made up a significant 75.2% of the total gross contributions for the group’s family takaful business. In view of the strong focus on bancatakaful products with single premiums collected upfront covering long term liabilities, FRS 17 will impact STMK’s recognition of revenue moving forward.
From FY23 onwards, contributions will only be recognised by STMK when it is earned. This will prolong the recognition of revenue from the contributions collected. It will change from the current way of fully recognising contributions in P&L to a recognition on earned basis. As a result of this, unearned profit or contractual service margin (CSM) will gradually be amortised over the liability period of the insurance contract and recognised as insurance revenue in the P&L. This will coincide with the insurance services provided.
For FRS 17, we expect both our earlier estimated FY23 shareholders’ funds and BVPS to be impacted by 28.5%. Meanwhile, FY23 profit after tax (PAT) and dividend per share is projected to be affected by -15.8% and -15.6% respectively. In regards to ROE, the impact is anticipated to be minimal as the denominator will be lower. This is due to the day 1 adjustment to the opening balance of shareholders’ funds in FY23 (see Exhibit 1).
As of end 1H21, STMK retained its no.1 ranked position in family takaful business among 11 takaful operators with a commanding market share of 24.0%. Meanwhile, on a combined basis of 25 life operators in total (conventional: 14 and takaful: 11), it ranked 3rd with market share of 9.0%.
In contrast for general takaful business, the group was ranked 2nd among 4 takaful operators with a market share of 23.0%. From a combined perspective of 25 general insurance operators (conventional: 21 and takaful: 4), STMK sits in the 11th spot with market share of 3.7%.
Sales from online portal grew 19.0% YoY to RM48.3mil in 1H21 contributed largely by motor products followed by general non-motor and family takaful products.
The group has recently rolled out a new usage-based motor takaful cover (Pay as you drive). This product is seen to be profitable as the policyholders tend to be lower mileage drivers with potentially low claims. Nevertheless, this product is seen to be intensely competed in the market with competitors offering similar coverage.
STMK introduced its revamped ‘click for cover’ app with new look and features in Mar 2021. ‘Tele bantuan’ app was also launched at the same time to assist motor policy holders for tow truck assistance, panel workshops and windscreen services.
To expand its digital reach, the group has been involved in social media engagements with campaigns done through Facebook, Instagram, Google Ads, Google Display Network and Youtube.
STMK is also collaborating with LLPSA to cross sell new online accidental protection plans leveraging on the latter’s customer base.

As at End of Sept 21, Foreign Shareholdings of STMK Stood at 8.21%.

Our net profit estimates are based core or normalized earnings. The estimated impact to STMK’s FY22 reported earnings from the one-off imposition of “Cukai Makmur” (additional 9% tax to 33%) applied on profits in excess of RM100mil is a circa 8.4%.
Source: AmInvest Research - 5 Nov 2021

towards RM3?

wooow... 102 lots


jeffchan1901 > haha.. matched all 102 lots at 7.99
01/11/2021 4:50 PM

the current price looks sustainable

the new tax has big impact?

meistsk3134 > run for what? this stock got potential. see how many bonus it give
28/10/2021 8:25 PM


meistsk3134 > pmtel big drop, government implement new tax
29/10/2021 6:56 PM

emmm !!!!

Look like HLIB TP RM8.93 difficult to achieve...)

Forecast. Unchanged – our existing forecast already pencils a weaker 2H21.

Maintain BUY but lower TP to RM8.93. Despite unchanged earnings forecast, we moderate down our TP from RM9.91 to RM8.93 as we (i) roll forward EPS from FY21 to mid-FY22 (lower earnings base) and (ii) lower PE multiple of 24x (from 25x) still based on +1SD above 5Y mean. While the upcoming results present another sequential earnings decline, this has already been baked into our forecast. We continue to like Bursa’s outlook, backed by (i) ADV recovery prospects in 4Q21, (ii) potential for another round of special-D (to recap, the previous earnings upcycle in FY17-18 saw 2 consecutive years of special dividend), on top of a decent normal yield of >4% and (iii) still the cheapest exchange – PE is at a 21% discount to regional peers (SGX, HKX, ASX and NZX). For a sanity check using an alternative valuation yardstick, Bursa’s MC/ADV of 2.0x isn’t excessive at -0.5SD below 10Y mean.


Source: Hong Leong Investment Bank Research - 13 Oct 2021

:)

mhanaS > Tenaga seems resilient to the recent pandemic. Very good defensive stock with good payout too. Bought some at RM9.61, added at RM9.66 today. TP RM10.15
28/10/2021 10:01 PM

noted with thanks


TreeTopView > Just a friendly reminder, the Quarterly will be released tomorrow.
28/10/2021 5:17 PM

HLIB raise buy call Astro. Hopefully not like Pmetal.

Exactly. when HLIB raise buy call, time to sell.

Kevin Tam > Those strong supporters of Press metal n those buying Pmetal at RM5.30-5.80 should blame HLG n their research team........GIven TP of 7.30 even Press metal has climbed up from RM3-3.50 12-15months ago to now, share prices at more than RM5.50 n market cap of RM46-48 billion.....Whatever counters or producers of products, metal products gone up more than 100-150% in 1-1.5 years time, time to be cautious, dont trust those research houses more than 60% should be safer nowadays...
27/10/2021 3:34 PM