raymondroy

raymondroy | Joined since 2012-02-13

Investing Experience Intermediate
Risk Profile Moderate

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15 hours ago | Report Abuse

with all the cash earned from land sales and more to come, company shd issue bonus div... could this be possible and if yes.... EPS was 103c and 90% was from land sales, therefore bonus div shd be 90% x 103c = RM0.93 :-)

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15 hours ago | Report Abuse

Apex house said UUE is priced at a trailing price-earnings (P/E) of 10.3 times annualised earnings per share (EPS) for the financial year ended Feb 28, 2023 (FY2023), and assigned a target P/E of nine times FY2025 EPS.
The assigned valuation takes into account of several factors:
i) UUE's involvement in manufacturing high-density polyethylene pipes that complements its core business;
ii) its established presence in Singapore, which enjoys better margins; and
iii) low downturn risks, as horizontal directional drilling technology can be applied to other industries, such as higher power transmission (132kV, 275kV, and 500kV), water, sewerage, and piped gas.

Wow..... if the IPO pricing was made at 9x 2025 PER, then at current price of RM0.695 thats 26x PER ..... LOL

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17 hours ago | Report Abuse

I thought Air Selangor (MB selangor) owns selangor water and not salcon? Salcon is only an EPCC contractor? Hmmm.... but something is brewing here surely

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17 hours ago | Report Abuse

yes what an impressive performance..... IPO oversubscribed 100x plus.... with lots of upside business model, even targeting singapore next.... subsea 5G cabbling and all..... stuff of movies :-) hahaha happy hunting

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19 hours ago | Report Abuse

Thx chartist cum tech analyst OTB ...... yup lets target for ytlp to close at 4.94 and above this session in order for post 5.0 era :-) happy hunting

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19 hours ago | Report Abuse

Its Top Key Executive, Beroz bin Mirdin, is the largest shareholder, holding 20% of shares outstanding.
Jeefri bin Muhamad Yusup is the second largest shareholder owning 5.1% of common stock, and
Abdullah bin Husain holds about 4.4% of the company stock.
Interestingly, the second-largest shareholder, Jeefri bin Muhamad Yusup is also Chief Executive Officer, again, pointing towards strong insider ownership amongst the company's top shareholders.
A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. Interesting...... basically shareholders = management :-)

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19 hours ago | Report Abuse

company has low revenue, and last qtr net profit of RM1m is only 0.07 EPS, which means at RM0.055 per share thats PER of 19x..... unless there is some news coming up, there is no reason for share price to move up as at current earnings (reflecting last qtr earnings) its trading at high PER of 19x.... happy hunting

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1 day ago | Report Abuse

highest close since May 2021..... maybe calvin is right .... :-) for once heeeee .... hope it sustains

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1 day ago | Report Abuse

Following are the USEP movements which are the primary revenue indicator for seraya power provision :-
Average USEP in S$/MwH and Average demand in Mw.
Q2 (Oct-Dec23) - 176.78 : 6,283
Q3 (Jan-Mar24) - 159.48 : 6,290
Q4 (Apr-June24) - 227.08 : 6,606 (Note)
Note - I have only compiled the June data from 01-22 June, as thats the only available for now. The monthly for Q4 are as follows (average) -
Apr - 288.71 : 6,638
May - 240.96 : 6,642
June - 151.56 : 6,528 (01-22 June only)
Therefore, based on the above YTLP is expected to generate higher revenue in Q4 compared to Q3 and Q2, and assuming expenses stay about the same, we shd see higher profit in Q4 from power as compared to last reported qtr results. Q4 saw higher USEP and higher average consumption.

Source : https://www.linkedin.com/company/energy-market-company/posts/?feedView=all

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1 day ago | Report Abuse

The telco business is expected to continue its losses until breakeven is achieved, and this will take time, im not expecting a turnaround in next qtr, similarly the digital banking business is also expected to show initial losses. AEONCR has forecasted their digital banking business toshow RM160m losses in a year of which 50% or RM80m belongs to AeonCr and therefore qtrly losses of RM20m.... and similar will also be seen in YTLP.
YTLP needs to brush up its recurring income to offset this small initial losses with the main contention being wessex power. Now that UK has so called come out of recession, and with the increased tariff (not sure is applicable next qtr) will there be a turnaround? Following article (too optimistic tho...)

https://www.thestar.com.my/business/business-news/2024/03/12/ytl-powers-wessex-water-likely-to-return-to-the-black

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1 day ago | Report Abuse

June 2022 - news clipping, but nothing concluded thus far ?? How long more bro cal ?

https://www.nst.com.my/business/2022/06/803188/kalimantan-land-sale-solve-few-issues-tsh-resources

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2 days ago | Report Abuse

n any business .... working capital is a mandatory requirement, regardless of sector or business, the question is where and how you obtain it?
1) You can either go to the bank and borrow or ask customers to place deposit or advance...... and in AA case its payment in advance.
2) Nobody is forcing you to pay in advance. If you want you can buy 1 day before travel or on the same day. There is no forcing.
3) Buying in advance which means paying in advance entails you some benefits, for example cheaper ticket, cheaper perks, better seat etc etc.... again no force its up to you
4) Before covid, and before the MFRS accounting pronouncements on balance sheet lease treatment, AA had little need for working capital as it has sufficient retained profits to run the business
5) Now after covid, yes it is struggling and thats why we have PN17 status etc to safeguard good companies from being hounded by creditors and this is what AA is finding itself in
6) AA is now restructuring itself out of the fix and to generate a win win for everyone.... its as simple as that
7) Weather the restructuring will work, weather it will be accepted by the creditors, will there be haircut, capital reduction..... well all these are risks .... business risks that one has to undergo..... as there is no certainty in life my friend...
8) Only certainties in life are death and taxes :-) happy hunting

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2 days ago | Report Abuse

Disappointing qtr results..... 4th qtr 2024 resulted in loss after tax of RM58m
full financial year loss of RM84m, cashflow is also negative at -RM37m from operating activities
the RM57m loss mainly comes from RM46 million derecognition of the deferred tax assets the loss is attributed to the reduced electricity sale by the Waste Management & Waste-To-Energy division, following a temporary
unscheduled downtime for necessary rectification efforts...

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3 days ago | Report Abuse

u will be losing out on the biggest airlines transportation ride in bursa @Sslee ;-) happy hunting.... how can u possibly bring ponzi scheme as a comparison... adoih

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4 days ago | Report Abuse

gold counters are a little funny, basically they buy gold and sell as finished goods, so if gold price go up rightfully demand shd go down, and gold becomes less affordable to people, therefore less transactions and therefore less profit but here its the opposite..... when gold price go up the profits of gold counters ho up also LOL ... can someone help explain this to me ah? Now the PE ratio has gone down to 4x which is undervalued.... so will investors buy and push the PER up?

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4 days ago | Report Abuse

nice to see mth end dividends in the acct :-) gotta go celebrate a little ...cheers and happy weekend ppl

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4 days ago | Report Abuse

ok @calvin i rest my case :-) i believe you are making some right calls at times ...... hopefully its not just coincidence huh :-) happy hunting buddy

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4 days ago | Report Abuse

price gaining some traction today at 2.22 @ 2:52pm ..... dragon328 I believe this is what you were looking out for :-) after 10 continous days of drop finally a support is seen :-) with hope in the horizon in the form of shenton.... and possible REIT conversion later on

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5 days ago | Report Abuse

A fiNAL single-tier dividend of 1.75 sen per share was approved today for the 7,507 shareholders of PBA Holdings Berhad (PBAHB).
The entitlement date is set for July 15, with a total projected payout of RM5.792 million by July 26, according to Chief Minister Chow Kon Yeow.
With this final dividend, PBAHB shareholders will receive a net single-tier dividend of 3.5 sen per share for 2023,”
Wonder if PBA is a good buy fro now? Any feedback will be appreciated.... and hng33 - you seem to have the most voice here :-) cheers

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5 days ago | Report Abuse

@Sslee .... the fact that CapA can convert payables to bonds means that lenders are still willing to invest.... there is no short of financing even which under restructuring

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5 days ago | Report Abuse

dont mean to be a party-pooper here but u need to look at calvin's review with a pinch of salt..... none of his recommendation is based on fundamental numbers, just assumptions..... this company has been continually making losses since June 2023, and there has been no recomendation to buy from anyone.... except Calvin and a few im guessing..... this will be a high risk high reward kinda venture.... and decide if you are up for it !!! happy hunting

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5 days ago | Report Abuse

the usep energy facebook page has more recent updates up to mid May24 I believe..... which @Areo1 numbers tally

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5 days ago | Report Abuse

there seem to be some support at 2.16 .... looks like good time to add, but then again yesterday was super high volume, and contra selling will take place +3 days

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5 days ago | Report Abuse

thanks for the explanation @dragon328 ..... although I feel the proposal could have been done smarter, related party transactions are always frowned upon and malaysian companies shd take heed and learn from our western counterparts.... many use listed vehicles for their personal play, and worse when there is no tack at all in disclosing the news ...LOL

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5 days ago | Report Abuse

when the No.1 guy has to be given leave of absence due to wrong-doing investigation..... what else can one say about this company? Mismanagement from the day the founder Chong Hin Loon passed away..... he was the founder of kencana that merged with sapura to form this entity.... sad end to this sapura saga, it is sure to fold ...... one day if mismanagement continues

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5 days ago | Report Abuse

when greed takes over the helm....

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6 days ago | Report Abuse

i read the full announcement and its so lame. lee states the main reason for the proposal being conflict of interest, well why didnt he think of the conflict when he first made the bid for shenton? he knew he was the ceo and he knew there would be conflict of interest and yet he made the bid and entered into the deal. therefore why cry wolf now? instead, he shd have simply stated that the he made the bid as timeline was short and if it went thru ioipgthe process would take too long and the bid could not eb made and therefore he took it unto himdelf to make the bid on behalf and now offers the deal to ioipg at cost and for full evaluation. if ioipg thinks its profitable then it can take it otherwise it can drop it, simple as that. now since he said the reason being conflict of interest, how if ioipg drops the deal? he will be left with the deal as well as the conflict of interest. what a lame approach, his lawyers shd be sacked if you ask me. also u thinm singapore will simply dit idle and see the deal being juggled by the winning bidder, perhaps sing will recind the offer then? junior lee is so unlike senior lee, if dad was around he would have taken the bull by its horn....adoih, just my 2 cents worth..... what u guys think? dragon328?

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6 days ago | Report Abuse

kazakstan and the surrounding central asia are the worst when it comes to corruption, and crooked deals, just see what REACH is reaping..... if armada goes there then I believe its end of the road :-( just my opinion tho

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6 days ago | Report Abuse

mahb is a classic case of politics and useless sentiments against the west hurting the real valuation in terms of economics..... I mean if you dont like starbucks and decide not to drinks its coffee is one thing, but totally de-linking all israel related funds will spell disaster as they are deep into the world economics.... unless you want to live a life of hermit .... LOL

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6 days ago | Report Abuse

YTL PER is already at 18x..... and if 20x is the target then there is little upside im thinking. The delay in HSR status is not helping the price, with only upside being ytlp 55% equity consolidation. YTL will have to compete with Sunway, Suncon, Gamuda and IJM..... and my take is that YTL is lagging on contract wins of this list....

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6 days ago | Report Abuse

@Sslee.... TQ for your continued analysis on the numbers, but few things u need to know.... for example current liability lease if cannot be p;aid in 1 year will be just rolled over to next year - no big issue here..... dont be bogged down too much by the accounting, as as I said accounting is only a measn of measurement and when push comes to shove there is always a way out of it. Furthermore, more importantly business is booming, capacity is increasing.... banks are lining up for financing, what else you need? Its the best run budget airlines in the world for goodness sake.... if not the best run airlines in the world !!! How can one go wrong? Covid is the only blemish in airasia books of which it somehow survived and coming into the black..... try being optimistic lah :-) cheers and happy hunting

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6 days ago | Report Abuse

did i say 24c...... haha i meant 14c :-)

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6 days ago | Report Abuse

officially joined the aeoncr bandwagon :-) .... its gonna be a bumpy ride for sure, firstly looking forward to the 24c div on 4th of july, and thereon proper valuation for this 9x PER valued gem. Digital bank loss targeted for the year is RM160-170m.... of whioch aeoncr owns 50% therefore 80-85m a year or 20-21m loss a year, which is reasonable considering they are targeting at least 10% increased in receivable financing.... happy hunting :-) guys

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6 days ago | Report Abuse

high trading volume today at 24m @ 4:15pm...... last time this volume was in 13 May, where the price increased from 2.35 to 2.53..... not sure if public is viewing this announcement by CEO as positive or not.... nevertheless its NEWS in otherwise dull affair :-)

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1 week ago | Report Abuse

@calvinteneng .... still here promoting TSH ah? From your comments.... i think TSH will stop palmoil business and venture into property development venture is it? Sop they will sell jungle land to convert to Indonesia's new capital right? When will this be all done ...... in next 10 years? Adoih..... why dont you focus on qtr to qtr fresh fruit bunch production and palmoil business developments, which is the business of TSH :-) happy life bro

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1 week ago | Report Abuse

@Sslee ... growing net current liabilities means that business is growing, transactions are increasing and obviously working capital will increase. The current assets in the 3 period also increased, which again proves business is growing, nothing extraordinary here.
March24 qtr reported a loss before tax of -RM249m, but same period reported a net operating cashflow of RM835m, which is AFTER paying operating lease of planes. This is very healthy.
In fact the RM249m loss is mainly due to the recognition of exchange rate loss of RM371m.... otherwise it would have been a profit.
Airasia will probably match if not beat SIA performance moving forward.... but what it needs to do is get out of the current PN17 mess... and for that tony is a master planner, and I believe the restructuring plan in place will succeed, albeit some capital reduction (less shares in hand after conversion).
Lastly, IFRS and accounting policy changes has never brought any company down.... companies go down due to mis-management and wrong business model..... both of which are not present with CapA. Happy hunting :-)

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1 week ago | Report Abuse

Thx for the data @Aero1 ..... and to add on Oct-Dec 2023 : 221.3 177.7 131.4 ..... which means Apr-June 2024 will be better (assuming May price extrapolates to June) than Oct-Dec23 and Jan-Mar24 .... BRAVO :-)

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1 week ago | Report Abuse

interesting to see when prices go lower.... could it be a sign for late comers to join in? could it be a sign .... of loss of steam? could it be a sign of loss of fundamentals? or could it just be a breather before the big push...... i still recall the prive hovered in similar stance from 3.76 to 4.00 with teasers to 4.16..... similar is happening now but at a dollar higher :-) happy hunting

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1 week ago | Report Abuse

what 2 counters took super beating during covid and now on the uptrend ? Genting and AirAsia.... questions to ask?
1) Has the business flow reached pre-covid levels?
2) Has the price normalised?
3) Are there any hiccups (ie. CapA PN17 status) that shd be considered?
4) Will the next quarter results bring the business to pre-covid level profits?
Those who can answer these questions will have the answer of to hold or NOT to hold.... happy hunting :-)

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1 week ago | Report Abuse

@Eagle77 ....u are like the bringer of BAD news, everywhere u go you are just pessimistic about everything, they say you become what you are so be careful of what you wish.... not sure what analysis you use to conclude but pls do see the good things as well among the bad.... peace

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2 weeks ago | Report Abuse

Could Hexcap be making a GO for binacom .... would love that idea

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2 weeks ago | Report Abuse

somethings brewing with binacom..... so this is separate from binasat yah :-)

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2 weeks ago | Report Abuse

Property tycoon Tan Sri Chan Ah Chye, the single-largest shareholder of Talam Transform Bhd, died at the age of 78. Late Chan was formerly the executive chairman of Talam prior to his re-designation as non-independent non-executive director on Jan 22, 2009. The tycoon owns a stake of 23.46% in Talam..... RIP Mr. Chan

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3 weeks ago | Report Abuse

@fx115w ...... hold on hold on to the news, make it a special brew..... take longer time :-) LOL

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3 weeks ago | Report Abuse

rise of the titan..... only property company i know that only makes money from selling land.... what an easy task :-) LOL

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3 weeks ago | Report Abuse

yup yup..... mosquito infested where headhunters..... dont get u jobs but tribes literally head hunting, and in the heart of the oldest living rain forest in the world..... good luck to you on this nusantara quest :-) LOL

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3 weeks ago | Report Abuse

i hope im not selfish saying this..... i want ytl and ytlp to stay depressed, as my funds for top-ups coming soon, and dont want price to go up before that :-) LOL .... rest assured all potentials are still intact... including sing kl high-speed rail ....