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5 days ago | Report Abuse
Another Taiwanese-controlled company listed in KLSE with generous div payout you guys can consider is CSCSTEL (5094). Probably many of you are aware already anyway, but for the newbies, you can put some of your eggs into this steel basket.
5 days ago | Report Abuse
Once the dust has settled, price will appreciate. Similar to REXIT share sale and appointment of new board members
3 weeks ago | Report Abuse
Not conspiring to mislead, the Sarawak factor has overshadowed the financial results.
4 weeks ago | Report Abuse
I'd be surprised if they propose any dividend at all much less a special one. Of course I'd be happy if they do as their policy dictates. We shall see in due time.
1 month ago | Report Abuse
Is it possible a "hidden entity" is involved?
1 month ago | Report Abuse
One question guys...something I can't seem to find an explanation. Why is EPF actively disposing?
1 month ago | Report Abuse
rohank71, appreciate you pointing out this factor that many failed to consider. I'm pretty sure there are non-performing, money-losing assets/investments in Affin's book. Still after discounting these, fair value per share as you calculated is 3.20- Yes the night is still young.
1 month ago | Report Abuse
If everything is done according to procedure and above board there's no reason for BNM to disapprove.
1 month ago | Report Abuse
beluga, from your experience what's the perceived acceptable premium assuming Affin is trading 0.6x PB, for successful takeover?
1 month ago | Report Abuse
I'd refrain from setting any nonsensical TP. In for the long-term div. If you're looking for a quick gain, look elsewhere.
1 month ago | Report Abuse
I'd like to chip in if I may. Consolidation is healthy for this counter. It's not a penny stock susceptible to such speculation. I'm holding for the long term regardless of the outcome.
2 months ago | Report Abuse
I tend to see the same outcome as beluga on his prediction that Sarawak will not be content with just a 20% stake. I've always believed small banks like Affin are targets of M&A. More to come.
2 months ago | Report Abuse
NTA 4.69
You make your decision whether to sell or collect.
2023-11-25 11:36 | Report Abuse
It's not a hype. It's a target, a foresight. Short-term traders will be small-term traders. Making small, quick gains here and there. What actually perplexed me was Boustead Holdings Bhd acquired 200k on 22 Nov. What are they up to?
2023-11-25 11:30 | Report Abuse
If they keep up the good performance qtr to qtr basis, expect to be incentivized for holding or adding to your portfolio because price is still attractive to enter.
2023-11-21 16:20 | Report Abuse
One more thing I missed saying. Small banks are targets of merger & acquisition.
2023-11-21 16:17 | Report Abuse
Market grumbles at the poor results relative to preceding year. Ask yourself how often does one company sell its assets and make a bumper profit. Not everyday or year actually. Now earnings have normalised. That's it. This unhappiness will cause share price to fall into oversold position, probably already have. The wise investors will take this opportunity to snag a few lots.
2023-11-13 00:36 | Report Abuse
Each person's got his own risk appetite. No absolute right or wrong price to enter/exit
2023-11-10 10:33 | Report Abuse
Today price takes a breather, presents another opportunity to those who wishes to board.
2023-11-10 10:30 | Report Abuse
Continue to collect. Plenty of headroom.
2023-08-29 10:39 | Report Abuse
Fair analysis of the QR. At least the management has the foresight to invest their retained earnings to generate profit when the traditional core business is not doing well. Alternate revenue stream. Every business has it's ups and downs, so I wouldn't jump the gun and condemn the company.
2023-08-03 13:37 | Report Abuse
What an iconic display of self-contradiction
2023-07-26 12:02 | Report Abuse
Technical rebound. Don't get caught in the crossfire.
2023-07-26 12:00 | Report Abuse
No industry stays down forever. Bear that in mind. Geopolitical factor affects semicon ind. probably more than others when ruling regimes uses raw material and market restrictions as bargaining chips.
2023-07-25 19:15 | Report Abuse
Yes. We got to think positively. This collaboration augurs well for both parties years down the road. A symbiotic relationship.
2023-07-25 12:50 | Report Abuse
Speakup now or forever hold your peace. We wouldn't be here talking about this subject if we hadn't read the news. Betoi tak? Attacking another comment just to prove a point is so childish.
2023-07-25 10:46 | Report Abuse
I don't understand the hoo-haa at this point. SC may not approve the mandatory takeover exemption request and the deal may just fall through. I personally would want the deal to succeed. If IJM would look beyond the current liabilities of Pestech and have the gumption to just takeover the company, then it's largely a matter of the purchase price for the shareholders to consider.
2023-06-15 17:12 | Report Abuse
Play hard to get? Then they simply defer the plan.
2023-06-15 10:06 | Report Abuse
It's all mere 'paper' gain if you don't lock in profit. All I read thus far is speculative. Privatization la, sell land la, LTAT takeover la and whatnot. Until corporate come out with an announcement, I don't want to miss this opportunity. Oil palm and plantation in general is seasonal and therefore its stock price. There's always another chance to re-enter at a more attractive price in the future.
2023-06-14 19:46 | Report Abuse
What to do? Buy back in the 80s and hope that it appreciates to RM1 or more.
2023-06-13 12:14 | Report Abuse
Healthy debate. Keep it up guys. Honestly, Bplant is now is safer hands with all the political appointees out of the board. When one day the owners decides to quit planting oil palms, they can unlock the value of its land bank. Enough to feed generations.
2023-06-12 16:24 | Report Abuse
Ex-military men running a public listed plantation Co.
2023-06-12 16:23 | Report Abuse
Nothing special as far as resolutions put up for voting.
2023-06-12 12:31 | Report Abuse
Near midday, price quickly turned upward, from red to green. I've never seen such a quick turnaround before. All negative sell and buy queues like 'evaporated'.
2023-06-12 09:11 | Report Abuse
This morning's an opportunity to get on board while others are spooked, jumped off
2023-06-10 10:00 | Report Abuse
Privatisation of Bplant?
Who's going to do that now? LTAT? They already have their hands full with Boustead Holdings. Maybe one day that may happen but I doubt it's now.
If the parent is taken private, is it mandatory to do so for all it's wholly own subsidiary?
There are other options to unlock value in the company such as sale of assets (particularly those non-strategic ones), etc.
2023-06-09 20:39 | Report Abuse
This is a public forum. Anyone can read your comments. Better keep it objective.
2023-06-09 15:52 | Report Abuse
JKing, the NTA is the value for reference
2023-06-09 15:47 | Report Abuse
Brian, I agree en bloc sale of land is near implausible. Insiders definitely knows something we don't. We can only play the guessing game at this juncture. My suspicion is LTAT is increasing its stake from the open market.
2023-06-09 14:08 | Report Abuse
John, that option has been considered several years ago.
https://themalaysianreserve.com/2021/07/08/boustead-to-mull-options-for-palm-oil-unit/
Is the time ripe this time?
2023-06-09 12:35 | Report Abuse
brian, I'm inclined to believe your suggestion particularly today's movement of this counter. This leads to the next question: How high are they going to push it up? Your best guess.
2023-06-09 10:33 | Report Abuse
A lot of shares changing hands for no apparent reasons. Unusual trading activity. Avoid the chase.
2023-06-09 10:12 | Report Abuse
As the saying goes, No News is Good News
2023-06-08 14:18 | Report Abuse
Glad to see these constructive and healthy inputs. Finally see some degree of sanity in this forum. What we need is a clear roadmap to recovery. Learn from mistakes and have contingencies.
2023-06-08 11:22 | Report Abuse
So Robert based on your experience is the IB analysts estimate of 3 to 6 months downtime reasonable?
2023-06-08 11:21 | Report Abuse
Of all the comments I've read so far since the news broke, Robert's the most informative.
2023-06-06 12:48 | Report Abuse
Consider this: Armada, in spite of the profits, has not paid a single cent of dividend since 2016. So buy at ridiculously low price, otherwise forget it. Not chasing it upwards either. If it's your fortune, it's yours.
2023-06-06 10:50 | Report Abuse
If you have a huge vested interest in the Co., you should be very concerned (takut).
2023-06-06 10:45 | Report Abuse
If only it's as simple as pressing the reset button they would have done it by now. I fear the worst, a major mechanical failure requiring total replacement of the transformers. Armada taking the opportunity of this downtime to conduct maintenance ahead of schedule is a smart thing to do.
Stock: [AFFIN]: AFFIN BANK BERHAD
7 hours ago | Report Abuse
Obviously BNM dragging its feet because the offered price is too low. I'm sure many of you have noticed by now, Affin's head honchos are buying their own company's share. It's not uncommon I know but acquiring now? What does this indicate? Interesting nobody is talking about it.