purple70

purple70 | Joined since 2021-06-12

Investing Experience Intermediate
Risk Profile Moderate

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Stock

2022-03-23 13:55 | Report Abuse

To the commentators here ...pls bear in mind that FGV has only 2 issues to deal w as far as it's price is concerned.

Firstly, CPO prices which have been high due to Crude Oil prices being high (due to Ukrain - Russia war) and inflationary pressures &

Secondly, the status of FELDA's accumulation, now almost 90% - yes, cornered stock. So, all fundamental n charts can be thrown out of the door!

Pls..Bring in rational analysis and nothing of "GOLDEN VALUE" or even as in 1998, a top ENGLISH BIZ news EDITORw rote of AOKAM as "BLACK GOLD" - as though that counter was hitting oil!

Keep comments here professional

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2022-03-18 00:03 | Report Abuse

VGO offers have strictest guidelines and corporate restructing is not wasted on getting shares cheap...It works as percentage on percentage, and if FELDA fails to collect balance within a period of time, its screwed just like CCBintang shares have been!

its more to do when the time is right ..They need to do it fast as window of oppurtunity is closing down fast!

Many not letting go, so the price has to be 10- 205% hight than current level....!

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2022-03-15 16:16 | Report Abuse

ANy VGO offers will be above the average trade prices...wont be a bottom fishing exercise a sthere are legal wrangle to these!
FELDA had bought many shares at RM2 plus...it cant be offering below this prices per Take Over code!

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2022-03-15 16:14 | Report Abuse

EVO118 - FELDA has already acquired close to 88%...it is not gonna try to be penny wise on this stock as it has greater plans ahead!

Saving few RMmillions wont be a clever thing to do!

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2022-03-15 16:06 | Report Abuse

Why is BURSA keeping quiet in similar tone to BUMI ARMADA mgmt!

Shouldnt there be a news update?

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2022-03-15 16:04 | Report Abuse

Any expln for GENM down today by more than 10 sen?

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2022-03-10 00:17 | Report Abuse

When will another round of MGO take place?

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2022-03-10 00:14 | Report Abuse

Its 2 weeks and we know nothing of whats happening on BURSA counters arising from this war!

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2022-03-05 00:02 | Report Abuse

GENM price is supported by the dividnd declared, or else should bein the 280 region

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2022-03-04 18:10 | Report Abuse

Prefer the older layout - quicker and can capture more info easily

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2022-03-04 11:11 | Report Abuse

HIBISCUS had gone 2 times its price of 6 mths ago but ARMADA still at low level! Bursa - jangan tidor.Pls investigate

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2022-03-04 11:10 | Report Abuse

Could it be that the a big block could have been sold off at low price and thus need to maintain it there!

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2022-03-04 11:09 | Report Abuse

BURSA should investigate trades in this counter! Oil price is at record levels of past 5 years and the stock had hardly moved form it's 3 mths ago prices!

Something seriously wrong with some folks having position here that if prices rise they stand to loose!

News & Blogs

2022-02-27 18:29 | Report Abuse

PUBLIC INVEST had this cal on 1 DEc 2021 - SELL on FGV Holdings with a lower fair value of RM1.20/share vs. RM1.25/share previously!

Today its 1.95...As long as the Russia - Ukaraine war goes on, oil prices will be at high level and so would the tide carry CPO!

In addition, FELDA cant wait forever with ist 87% ownership as is...It needs to own 90% - where by now there had been enough shares bought by their friends to bring in VGO at 2.50!

tHEY ONLY HAVE TO PAY FOR A SMALL PORTION OF SHARE HOLDERS AS SOON AS DEAL WITH THE OSE WHO BOUGHT AT 4.55 OR 4.35 IPO TIME IS SEALED!tHATS HALF WAY DONE!

The reorgn of FELDA is important before GE15!

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2022-02-27 18:01 | Report Abuse

borders , esp w Singapore wont be open so fast...WAit till GE15 over, so that the southerners working in RED DOT KIASU land cant come back!

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2022-02-27 18:00 | Report Abuse

WHilst its a long term stock, for the next 12 mths - its a trading stock...selll off once small gain is achieved and buy back when prices fall...so far, since 4 mths - its been yo-yo for 8 times!

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2022-01-26 00:30 | Report Abuse

They think they can get away....KARMA will visit their directors and their family

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2022-01-26 00:30 | Report Abuse

Clever investors should steer away from this conmen company directors.

When faced with max of RM250mil LAD lawsuits from those who bought properties from their JAKS ISLAND CIRCLE subsisdiary, the company acted by disposing the 51% interest in sub on the very day of announcement for RM1 and recorded RM71 mil gain...bext every quarter or year results!

What ethics do these folks - major shareholders and directors have?

Very unethical

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2022-01-26 00:23 | Report Abuse

Tender book is diff from order book...typical goreng fellows

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2022-01-04 23:10 | Report Abuse

GENM is of course set to over perform but all depends on the COVID cases....

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2022-01-04 15:56 | Report Abuse

A totally let down stock w no direction!

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2022-01-04 15:56 | Report Abuse

This MD fellow claims they have tender book of RM655 mil! WTF...never heard this before...tender book worth, when no guarantee you will ever be successful!

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2022-01-04 15:42 | Report Abuse

888 - very true...they have limited knowledge and access to adjusted price...

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2022-01-01 00:22 | Report Abuse

Global warming, climate change and ramping up of lower cost SOLAR power will soon see demise of these fossil dinosaurs and HIBSCUS not being a dinosaur will be amongst the first to bear the brunt!

Even their former CFO was too jittery... unable to fathom!

2022-01-01 00:01 | Report Abuse

Whats cooking here w such rapid rise after the big run n flop in a day in 2021?

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2021-12-03 01:01 | Report Abuse

Dont llisten to some whackos here...Maybank is a dec stock and so far one of the better managed banks....never the mind it is GLC! The wont shoot themselves in the ehad, at least give them some credit lah! Bought 100K just under RM7.9

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2021-11-25 23:06 | Report Abuse

Be wary of this con men management and operator counter!

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2021-11-25 23:06 | Report Abuse

Could the dividend payment date moved to current from 6 mth's?

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2021-11-10 16:17 | Report Abuse

Malaysians have already taken booster doses..UK already approved MERCK covid pills, which is so effective

So, the manufacturers, politicians and these con men "GORENG" re rushing in to bring us "GOOD NEWS"!

Caveat emptor and to mahy, better get ready to run!

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2021-11-10 16:13 | Report Abuse

another goreng job!

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2021-10-27 00:00 | Report Abuse

Profit totally dependent on oil price...best time to dump and run with such a high oil price!

High oil price is not sustainable given clear alternative fuel sources!

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2021-10-26 23:43 | Report Abuse

Price should hold on based on fundamentals of at least 90 be fore dividend ...unless operators ramp...

The price will rise once 20 sen div is approved at EGM!

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2021-10-26 00:48 | Report Abuse

Is there anything sinister about the suspension?

Given the gravity of such audit issues by KPMG, BURSA should have suspended the stock since day 1! The way the price had fallen is a joke on BURSA! Who were they protecting? Certainly not the general public and shareholders!

Whenever, a listed co is unable to meet it's FY end Accs, it should be suspended! Where the QR is not furnished in time, diligent action should be taken, like suspending the counter after a certain extension is given!

There is no way accs cant be completed in time and gets audited by reputable auditor in time too! One story related by a Senior person of an audit team...certain listed company and one SPAC at that time did not have any financial reporting system and were running it on EXCEL!

Hoe did BURSA get them pass it's diligence test and recommendation by the merchant bank for listing?

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2021-10-26 00:34 | Report Abuse

IKHLAS Capital is a predator! Its pump and dump soon by these vultures, they have no long term view or position!

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News & Blogs

2021-10-24 18:33 | Report Abuse

If one values it on combo of NTA and disposal gain only - Current NTA is 77 sen. the sale will bring in RM185mil, ie gain of 31 sen, thus valuing it at RM1.08 cum dividend!

The only laggard here is, if the operations will be earnings dilutive!

As long as PEILKAN is profitable, such above level should stay!

News & Blogs

2021-10-24 18:09 | Report Abuse

Latest QR of 2.98 is a flash in the pan! If extrapolated , this means EPS of approx. 12 sen pa. Such an annual earning is impossible for this Co in its current set up, structure and capacity. Thus, PE valuation is misleading more so given the non accretive business it is in!

Current price is app 50 sen, which has partly factored in the 20 sen dividend, thus assuming ex div value of 50-2-=30 sen, and the multiples of 15 for this business, it derives EPS of 30/15 = 2, which in itself is a bloated earnings!

Doubt if any other sale of asset will bring in any additional value without sacrificing earnings quality! Those in the money should be careful and exit!

As shareholder, I m yet to receive the EGM notification and am sure many are in the same connundrum too!

Stock

2021-10-24 18:06 | Report Abuse

latest QR of 2.98 is a flash in the pan! If extrapolated , this means EPS of approx 12 sen pa. Such an annual earning is impossible for this Co in its current set up, structure and capacity. Thus, PE valuation is misleading more so given the non accretive business it is in!

Current price is app 50 sen, which has partly factored in the 20 sen dividend, thus assusming ex div value of 50-2-=30 sen, and the multiples of 15 for this business, it derives EPS of 30/15 = 2, which in itself is a bloated earnings!

Doubt if any other sale of asset will bring in any additional value without sacrificing earnings quality! Those in the money should be careful and exit!

As shareholder, I m yet to receive the EGM notification and am sure many are in the same connundrum too!

Stock

2021-10-22 14:43 | Report Abuse

SIR is not favorable to SDK though much watered down from KPMG's version!

No way another accg firm will go 180 degrees to what was previously done by another!

The impact of these shenanagan dealings at SDk will be revealing...soon SDK will be taken over by another and SDK will have to drop it's suit on KPMG!

Stock

2021-10-13 01:34 | Report Abuse

For all the flaws of KPMG...no way they could be out by a mile on this SIR! At best it would be a lower financial number impact but surely as far as integrity is concerned, SD has a lot of explanation to make!

Its a case of reputation dented but not beyond repair!

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2021-09-23 10:05 | Report Abuse

SIR report is unduly delayed.

If what SDB BOD claim is defendable or is so credible, why has it taken EY 2 months to finalise? It also doesnt help that margin calls by Awang continues!

Something just a miss with these statements by SDB BOD n Mgmt!

For now, despite losses, will not average down unless some clarity comes out!

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2021-09-16 01:00 | Report Abuse

Pls lah, as silly as KPMG is made out to be , these conflicts and versions of addresses, telephone numbers, receptionists, missing visits do not display the "LOSSES" being contended!

If these are the only defences available to SDB Directors and Management, believe me, as a person who had engaged senior role folks in top 4 accg firms.....these are smoke screen!

My personal take is that there are issues to be sorted...if these are the things that EY had to do specials on, surely EY should have released results of it's SIR, a mnth ago!

Such insidious delay speaks volume...well, I am off to take position in SDB soon to average down my cost! Why the delay to release the audited results, as SDB surely would have it's accs ready for audit!

AT worst, SDB's NTA cant be worse than current price levels!

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2021-08-18 20:31 | Report Abuse

DOnt expect PM to be named during trading hrs...most likely later in the day or over the weekend after Prliamnet's endorsement

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2021-08-18 14:13 | Report Abuse

Why stuck at 75 sen?

News & Blogs

2021-08-04 21:21 | Report Abuse

Pls don't bring in religion to this secn.....it is setting a bad example...same way as the Majority is doing to education!

If you love yr religion so much, treat it with respect so that it wont be disrespectfully looked at

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2021-08-04 21:17 | Report Abuse

so far so good...EY should be able to surmise an interim report by now...news had leaked out by now...So, why isnt SD falling?

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2021-08-02 10:46 | Report Abuse

SERBA is down...can only mean that the interim special audit report is not favourable!

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2021-08-02 10:45 | Report Abuse

stay away for good from INSAS...teach them lesson!

Many got cheated out the last many "ROUNDS"

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2021-07-29 18:52 | Report Abuse

Never touch this Phuan stock...all tipu punya kerja!

Surprised that KOREAN TELECOM n TM fell for them once! This Kipple pay is not something unusual, not an out of world thing, even lower grade than T n G!

Keep away pls, there are so many operators BUT you dont need this kind of fellows stock to play with!

They have a huge NEON signboard above the building they have rented in PJ...It is so brightly lit that the signboard is visible 5 Km away and silly enough, when no traffic at Fed Hiway, they keep their lights on from 7-7! How more silly that they can be?

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2021-07-29 18:47 | Report Abuse

SOmeone should report him to be PENGKHIANAT!

SUch lowly schooled lawyer of PAS from KOTA BAHRU Pembohong!