This whole thing has been badly mismanaged and is getting out of hand. Its now impacting investors confidence with potential systemic implication to the market if this is not handled well. The behaviour of all the parties Serba, KPMG, Bursa, SC, the news media etc are creating disorder and has increased the level of volatility in the market. I have never seen this mess badly handled and mismanaged. Just like the mismanagement of Covid-19 and the economy, this crisis is now spreading into markets. Apa nak jadi Malaysia…

Serba could potentially be a subject of takeover by sarawak govt. a nice fit for PETROS

I think in away its good there is now a more transparent public platform (the Court) for investors to hear for themselves what really is going on. Whether Serba’s Management is right or wrong, its for the investors to decide. To me, there is now a public platform where both parties can present their case. As it is now, there is lack of transparency that fuels too much speculation. The current share price does not reflect what’s really going on. With more facts, the share price will better reflect the risk premium

royong82. LCT has a 50% payout policy (out of net profits). That’s how it works

IJM’s equity exposure in enlarged KLK is better than equity in IJM Plantation. No brainer. IJM Corp shareholders will be the biggest winner. Those KLK shares owned by IJM can even be distributed to its shareholders.

IJM Corp shld opt for a share swap. Holding KLK shares wld be good in the long term. Expect greater liquidity in KLK shares through bonus or DRS. IJM could also distribute KLK shares to IJM shareholders.

Alternatively, distribute KLK shares if its an equity swap

Bonus issue more likely than cash distribution?

Sustained foreign buying...

To regain confidence and end all these uncertainties , the ENTIRE Serba board must be made MAJORITY INDEPENDENT.

Foreign buying started...no stopping

EPF averaging

Is Serba in FTSE4Good or Footloose?

X
rWhy are the independent directors silent? What is EPF, KWAP & Sarawak agency which collectively holds about 25% of the company doing? Does EPF & KWAP has Board representatives on Serba. I’m sure EPF must have a board representative!!! Are they keeping to themselves whether to dump or collect more Serba shares for themselves on Monday at the expense of mainstreet investors?
29/05/2021 10:39 PM

Monday: wall street (short sellers) vs main street (buy on weakness). Malaysia’s GAMESTOCK this Monday.

2 PPs in a short space. Very dodgy. Ponzi scheme

ESG issues hv financial relevance

Good to hear someone is making reference to ESG issues. Hightime for the market to evolve

One word. “Resilient”. The build-up and momentum continues. Selamat Hari Raya!

Live2Win DRS is a no brainer based on current price

Prospective div. yield still high. Around 8%. Must come down to 3-4%.

Prospective div. yield remains at 8-9%. Must go down to 4%. You know what that means.

The institutional funds will continue to accumulate until then.

The golden rush is owing to the 50% dividend payout policy & discounted DRS. Its a no brainer until the yield dipped to around 3-4%. As they are now, the projected dividend yield is still around 10%.

An interim dividend somewhere in current FY would further boost the price momentum. They just hv to play it smart...

LCT is now a value stock.

Exercise patient, you will see your equity grow. I’d go for absolute return.

With 50% dividend policy, assuming sustained profits over subsequent Qtrs, RM500 mil to RM600 mill payout is not unreasonable. At current prices, div yield can reach 10% or even more. No brainer for institutional funds not to grab LCT shares until at least 4% div yield or even less if interest rates remain subdued/low.

By the year end, cash in hand should be around RM5 billion

Now that the projection has materialises, from now on its all upward trajectory in share prices with intermittent swings, at least for the next two qtrs. That should gives at least 35 sen dividend for the year or discounted DRS. At current prices, that’s almost 10% dividend yield alone.

Lotte’s record qtrly profit today is driving PetChem share price

Pleasure, Goodtimes. But pls do monitor price volatility

Shareholders, dun forget to convert yr cash dividend into new LCT shares. The notice will be issued from 5 May onwards. Based on current mkt price, there is already abt 25% upside in value.

DRS conversion price is RM2.26. Very attractive now despite the low dividend.

Better than previous qtr is setting the momentum. But how much better is the question & will it sustain? I think it favours LCT on both counts, looking at the global data.

Plant utilization should be more than 90%, higher ASPs expected.

https://www.expertmarketresearch.com/reports/polypropylene-market

Sunway Con likely new substantial shareholder

MRT 3 Circle Line beneficiary

For too long as global investors embrace sustainable investing, domestic investors ignored ESG consideration. Cant blame coz lack of awareness & education. As foreign investors dump these unsustainable stocks, Malaysian investors left holding onto these “stranded” assets. Top Glove. SDP, FGV, IOI others, all bear the brunt of ESG risks which was not priced-in by domestic investors, the likes of EPF included. Get acquainted with sustainable investment, QUICKLY guys!!!!

Malaysians GLCs are all helmed by a bunch of recycled CEOs with track record of destroying value. They moved from 1 GLC to another with their “kitchen sink” strategy every time, in order to make themselves look good but unsustainable in the long run. Malaysians should band together to rid GLCs of these useless CEOs.

Fair value should be RM1.40 cum dividend. RHB Investment must revisit Independent Advise on current offer price of RM1.30 after FGV stronger results since GO still open.

Based on today's Dhaya Maju out of court settlement, will Comcorp get the RM25 million per promised profit as per the restructuring proposal?

Serba have s serious governance issue. They deploy "taukey" strategy to run the business & plan thier expansion haphazardly to the detrimemt of minority shareholder interest. The taukey continue to dilute shareholders shareholdibgs by bringing in "crony" shareholders at attractive prices leaving small shareholders to eat shit. Serba to me miserably fail the ESG test.

Investors and punters alike are well advised to at least understand basic fundamental analysis. This will help in making informed investment decision. Those outside noises may be loud but will not help.

Trust on the fundamentals NOT the noises

wallstreetrookie Market makes clear distinction between noises and fundamentals.

PE of 10

Why does LCT share price defy investors pessismitic sentiment? The answer lies in the fundamental evaluation notably in computing the sustainable earnings. For one, LCT is not making a loss. For 2 consecutive qtrs now, LCT hv posted net profits (averaging RM80 mil) but however below investors expectation. Quarter 4 are expected to post net profit but an a sligtly larger amount than Q2 & Q3. At the same time, it has cumulative cash position of RM4 billion or abt RM1.70 per share as the base with little risk of it burning the cash because LCT is profitable operationally on its own. A sustainable earnings of lets say RM100 mil every qtr wld translate to annualised EPS of 17 sen. Applying a PE of gives you an intrinsic price of RM1.70. So plus the cash per share, RM3.40 being the intrinsic value is not a suprise for as long as LCT sustains its profitability and as conditions continue to improve as exhibited by its results and expected results. So not surprising the resilience of LCT share price at current levels.

titan3322 A respectable performance which could potentially sustained over the next few quarters. A conservative PE of 10 (well below PetChem) wld give a price target of RM4.