prudentinvestor

prudentinvestor | Joined since 2013-05-10

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Stock

2022-06-14 10:34 | Report Abuse

Markets are down everywhere around the world except our Bursa. Australia is down the most, almost 5% earlier on. Japan is down over 2%. Better to tread cautiously and reserve your bullets for sharp falls.

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2022-06-13 22:48 | Report Abuse

"Rm5 or lower is possible"
This was the level in 2008. The Dow fell to under 7,000 points, KLCI was under 800 points. It would be an extremely severe recession. Every one will face extreme hardship. Do you want this to happen?

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2022-06-13 21:56 | Report Abuse

Sharp falls on Wall Street will drive Top Glove to below RM1 tomorrow.

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2022-06-13 20:42 | Report Abuse

I sold several thousand TNB shares today not because of its poor fundamentals but because sharp falls on Wall Street has badly affected local sentiment. I will buy back after a 30 to 40 sen drop.

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2022-06-13 20:29 | Report Abuse

Small investors seemed to be in a state of panic today and drove Cepat's share price all the way down to 84 sen a share. Fear will drive people to behave irrationally. Even if Cepat's profit remains the same as last year, it will still earn 17.4 sen a share, translating into a PE of less than 5.

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2022-06-13 18:17 | Report Abuse

Looks like the US stock markets will fall sharply again tonight and will dampen the sentiment in the the local market tomorrow. Be prepared for another fall.

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2022-06-10 23:15 | Report Abuse

The four Investment Banks which have "sell" call for TNB are all foreign based. They should have issued "sell" calls for US stocks. The Dow, Nasdaq and S&P component stocks are all trading at an average PE of around 50 even after many drastic falls.

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2022-06-10 17:45 | Report Abuse

Get a life DickDick! Let's have some Mao Tai this time. But wait, Mao Tai is very expensive and I know you have no money, poor lad, can only have toddy or samsu.

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2022-06-10 17:35 | Report Abuse

A spike in the price of coal/oil/natural gas to generate electricity without a corresponding increase in tariffs would adversely affect Tenaga's bottom line. However, the company had stated that this has no effect on its business operations and financial positions. It is obvious that Tenaga would be duly compensated by the government.

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2022-06-10 16:44 | Report Abuse

Wow! Rasputin2.0 is here. This is really scary! Oh, no, I don't believe in resurrection.

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2022-06-10 15:54 | Report Abuse

"When company reducing the dividend, something is wrong somewhere........"
I didn't sense anything was wrong. Tenaga made 60+sen a share in 2020 and 2021. It distributed 80sen a share as dividend for 2020 (22sen + 58sen) and 40sen a share for 2021. It paid more dividend than it earned for 2020, this is not sustainable. As the company had explained, it needed a capital expenditure of between RM20 to RM30 billion for the coming several years. I suppose that was the main reason for the dividend reduction and not something else.

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2022-06-10 12:39 | Report Abuse

No need to cut loss. It has already dropped by over 85% from its peak. Better to wait and see and hope for a rebound. See, no panic selling today. If it hasn't reached its nadir yet, it is quite close already.

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2022-06-10 11:52 | Report Abuse

yong1985cm, As far as I know, should TNB incur additional costs in the production of electricity due to the spike in the costs of coal/gas/oil, it can request for tariff increases. Should its request be rejected, it should be duly compensated by the government. Who do you think pay for the tariff cuts offered to household users the last 2 years? Certainly not TNB.

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2022-06-09 21:52 | Report Abuse

From boom to bust, profit plunged by over 90% from the same quarter last year. Investors should be smart enough to avoid such counters in future.

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2022-06-09 20:01 | Report Abuse

I think very likely you don't have enough money to buy at RM8.80, so are praying hard for Tenaga to drop to RM4.50. It will fall to RM4.50 after a one for one bonus issue.

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2022-06-09 19:53 | Report Abuse

Get a life mate! Let's have some Timah.

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2022-06-09 12:25 | Report Abuse

Tenaga has been doing badly for almost one year now. Just 15 months ago, it was RM2 higher than Maybank. Today , it is the same price as Maybank.

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2022-06-09 10:03 | Report Abuse

Investment Banks now do not need to employ economists/stock analysts, just employ DickDick to make predictions. Ramalan dia teeeeepat betul.

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2022-06-08 15:32 | Report Abuse

Defiant to the end! Post a few more "RM5.80 coming soon" to show that you don't care about suspension.

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2022-06-08 14:56 | Report Abuse

Without carrying out an analysis and you claim again and again and again that Maybank would drop to RM5.80 soon, how do you expect people to trust you? I thought you have learnt a lesson already but no. Be careful, if you continue with your antics your count could be suspended again.

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2022-06-08 11:30 | Report Abuse

ElwinPg, you wrote yesterday "Everyone talking about 60 to 80 cents. I think that is too low.". This morning you wrote "Time to sell. Price of MRCB share is too expensive now." Why were you contradicting yourself? Has MRCB's fundamentals completely changed overnight?

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2022-06-07 22:53 | Report Abuse

"无处不在的洗黑钱后门马来嗨政腐和乞丐狗党,马来正式死亡!!"
I am surprised your accounted has not been suspended for posting such a nonsensical comment.

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2022-06-07 16:45 | Report Abuse

Stormkking, EPF derives most of its profit from its overseas investments and as you know, the US and Europeans stock markets have been faring badly this year. Hence EPF is unlikely to pay its members 6.1% dividends again this year. If you are not greedy and are content with a return of around 10% annually, then Maybank could be a good investment.

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2022-06-07 12:15 | Report Abuse

Hopefully minority shareholders don't have to accept the much talked about 60 to 80 sen a share offer should there be a privatization of MRCB, instead the coming GE would propel MRCB's share price to way beyond 80 sen a share.

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2022-06-07 10:45 | Report Abuse

"Collect Tp 8."
Only when monkeypox starts to kill people by the millions. Do you want such a scenario to happen?

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2022-06-07 10:35 | Report Abuse

"be mindful that if there is a correction, you will lose much more than all the dividends you earned."
You are assuming that I would cling on to my Maybank shares irrespective of the share price it has spiked to. I would call myself a silly investor instead of a prudent investor.
"you can track the price in 2008 and 2020...how sharply it fell."
Maybank fell to RM3.60 in 2009 and RM7.00 two years ago. Public Bank was trading at around 40% of Maybank's share price then. In the run up to any GE, Maybank should perform better than Public Bank.

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2022-06-06 22:02 | Report Abuse

I know that PB has always commanded a "premium valuation" over MB and I also know the reasons.. This has existed for decades. Unless this "premium valuation" widens, which is not likely, I believe MB is still a better bet considering its far superior dividend yield.

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2022-06-06 15:57 | Report Abuse

ken2004, Top Glove's net profit so far was RM270++million, not RM300++million. Just wait patiently for another 3+ months and you will know how much the company would make for financial year ending 31/8/2022. No need to get agitated.

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2022-06-05 17:37 | Report Abuse

"Is this fair?"
It is unfair but what can small investors do? TA Enterprise, with an NTA of RM2.60 was privatized about two years ago at 66 sen a share. If someone had wanted to take control of the company, I am sure the major share holders would demand at least RM3 to RM4 a share.

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2022-06-05 15:07 | Report Abuse

These bunch of directors won't do anything proactive. After divesting Keck Seng's stake in Parkway Holdings about a decade ago, instead of buying some properties in Singapore or bought some Singapore bank shares which by now could have doubled or tripled in value, they increased Keck Seng's cash holdings in US and Singapore dollars. I have kept some Keck Seng shares for 25 years, it looks like I have to keep them for another 25 years.

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2022-06-04 21:32 | Report Abuse

"I don't think maybank annualized total return is better than public bank............"
Maybank is trading at a PE of 12.74 versus Public Bank's 15.74 and a dividend yield of 6.5% versus Public Bank's 3.3%. Logically, companies with higher dividend yields should also command higher PEs. Should investors decide one day that Maybank should trade at a PE higher than Public Bank, then there is a lot of room for its share price to go up.

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2022-06-04 20:53 | Report Abuse

CPO price has stayed above RM5,000 a ton for 4 months and above RM6,000 a ton for almost two months. The war in Ukraine won't end so early and CPO price is unlikely to dip below RM5,000 a ton this year. CPO price averaged under RM4,000 a ton last year and Cepat still earned 17.4 sen a share. Even assuming there is no increase in crop production, Cepat is expected to earn much, much more this financial year.

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2022-06-03 21:24 | Report Abuse

Even at RM9 a share, Maybank still provides better returns than EPF. If you keep money in the banks, better to withdraw most of it and invest in Maybank.

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2022-06-03 21:14 | Report Abuse

If I had RM100,000 invested in Serba Dinamik, I would have sleepless nights as the share price can fall by 50% in minutes. Buy Maybank if you wish to sleep well.

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2022-06-02 20:21 | Report Abuse

How did it accumulate a debt over RM10 billion? Better avoid this company completely. Even God can't save it from insolvency.

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2022-06-02 16:23 | Report Abuse

The bonus was 2 for 1. If you had 1,000 shares then, you have 3,000 today if you haven't sold. I remember it went up to over RM27 a share. After the bonus, it was trading at over RM9 a share. It almost dethroned Maybank to become the company with the largest market capitalization listed on Bursa Malaysia. Today its market cap is only slightly above RM10 billion. Maybank's market cap is over RM100 billion.

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2022-06-02 16:03 | Report Abuse

For me, any offer at 60 sen a share is reasonably good. The offer price is unlikely to come near to RM1 a share.

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2022-06-02 12:00 | Report Abuse

Has been trading below 50 sen for more than a year. It needs some viagra to move beyond 50 sen a share.

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2022-06-02 11:50 | Report Abuse

I think Serba will eventually meet Sumatec's fate. Expensive lesson for small investors. Always invest in companies managed by people whom you have confidence in.

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2022-06-02 10:27 | Report Abuse

"Selling spree. Let it drop to 8.50 or 5.80 opps**"
No more RM5.80 as the robot which constantly bleeped out "Maybank would soon drop to RM5.80" over the last several months has been sent for repair. Hopefully when it returns, it will bleep out "Maybank will soon rise to RM15.80", just to make every small investor happy.

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2022-06-02 09:10 | Report Abuse

The general election may come earlier than expected and MRCB is also likely to move up earlier than expected. Bets now!

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2022-06-01 12:27 | Report Abuse

Today definitely belongs to Genting but beware of traps. Buy within your means.

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2022-06-01 11:50 | Report Abuse

Those who had bought RHB on Friday 13/5 at RM6.04/05 before it went ex-dividend the following Monday had made a correct decision. Now a cool RM0.25 gain.

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2022-06-01 11:10 | Report Abuse

Cepat cepat beli Cepat. Kalau lambat pasti tak dapat.

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2022-06-01 11:06 | Report Abuse

Good move! Buy now and wait for election rally.

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2022-06-01 11:02 | Report Abuse

ASB is the biggest seller. It holds 4 billion Maybank shares and was recently allocated over 30 million DRP shares at RM8.28 each.

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2022-06-01 10:41 | Report Abuse

Sabar, sabar, mungkin nak naik lagi.

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2022-06-01 10:25 | Report Abuse

"MRCB NTA is RM 1.00, the privatization pricetag should be at least 85c."
I hope EPF would take MRCB's NTA into consideration should it decide to privatize the company. Don't be surprised if minority shareholders are only offered 60 sen a share or less. Remember the privatization of TA Enterprise several years ago? TA had an NTA of RM2.60 but minority shareholders were only offered RM0.66 a share and all the relevant government authorities happily approved the deal. Karambubai minority shareholders also didn't get a good deal.

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2022-05-31 21:24 | Report Abuse

MRCB's share price should jump by at least 50% if EPF were to privatize the company.

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2022-05-31 17:15 | Report Abuse

Result must be quite disappointing, otherwise sudah keluar awal awal.