53.8% from PnB. Just matter of time they push all the way up.

Can check s-i-mply wall st for valuation. Fair value is 52sen.
And it’s pretty accurate. They estimated fair value for perdana to be 35sen.

Ownership Name Shares Current Value Change % Portfolio %
53.8%
Permodalan Nasional Berhad 4,415,800,928 RM1.2b 1.61% 0.82%
7.79%
Hong Leong Asset Management Bhd. 639,934,700 RM179.2m 0% 5.54%
3.47%
Urusharta Jamaah Sdn Bhd 284,980,080 RM79.8m 0% 2.09%

Contracts already signed one not affected. By the time contract expired, Aramco probably ran back up the production.

What’s the point towing here and there?

Ini company abang adik serba ni.

Probably no action of serba's management. Now everyone go start company in Arab and PO their own company in Malaysia.

2019 case. Really opened big cans of worms.

now everyone that has a record of application denied because ctos report will be suing CTOS

important thing here is inaccurate data. As long as the data is accurate, then should be fine.
basically, what they need to do is add a disclaimer that the report is accurate as of the date of report generated.

If the report is inaccurate on the date of report generated, then liable to be sued again unless they disclaim that this report SHOULD NOT BE USED as reference to determine an individual financial standing.

That would be there is no point using this service anymore.
So, they either make sure all data is correct and take legal responsibility or put disclaimer that makes it a kong song lam pa song report.

important thing is there is precedence from high court.

Technically, outdated/inaccurate CTOS data has slandered people causing loss of opportunity.

if plaintiff can proof the inaccuracy causing any loss, everyone with evidence can claim. Because it IS a slander causing harm to reputation and opportunity.

margin call maybe possible. Open short position every morning.

Will come short sell every QR out.

Bursa de Casino, nvr buy within 2 weeks after QR. Sure lose money.

consolidate 10:1, then drop back to 0.005, market cap 2.96m?

I think this a good candidate for RTO. Those malas to public list company themselves and do share swap.

Report subsidiary profit RM10m, terus 0.005sen fly up 50sen. Just wait and see.

DividendGuy67, do you know why Warren Buffet never get company he invested in to pay dividend? Tax is one reason. The other is it’s more important to keep cash in the company than paying out as dividend.

Anyone that runs a company properly will focus on equity growth. Investing cash will eventually translate to equity growth, surplus of cash only use to pay dividend.

Now I believe UOADEV has collected enough cash pile and making EPS 10 sen per annum and it’s more than fair giving out 100% as dividend payout. What’s the point of giving out whole 70sen per share cash reserve as dividend?

So that you can sell at RM 2.70 and the price drops all the way to RM 1 after? Only id*ot run makes decision like that. A good example of such id*ot will be TG. Out of all gloves counter, TG paid the most dividend and yet when party is over, TG is also the one suffered the most. Only thing market will be loyal is money. You want price to go up, earn more cash and keep it in the company.

U haven’t see the real shitty CEO Leon Harland. RM18B 5 years ago.


Under Gary and Luke, dropped to 3.5B. Don’t complain liao.

Here I follow few fellas judgement. Nikicheong and singor. They both do good analysis.

It's gonna drop all the way below 50sen anyway, now just a matter of it's a good chance to enter and at what price. See what nikicheong say on the actual profit from operation.
_____

nikicheong

If discounting the impairment, the Q profit would’ve likely been above rm200mil, maybe touching rm300mil even. I need to do a proper analysis later, am out now.


Of course the other good thing is with the impairment, there will be lower depreciation expenses going forward.

I think discount all the way below 50sen...

Want delete msg?

-----------------------------
ITreeinvestor

last chance to buy below RM0.60
No more discount After 12.30pm

55 minutes ago

queue buy 40sen

I think quite abit of short seller here. Probably hv to close their position by 4.30pm.
So, anyone hold should pull short squeeze to bump the price up before closing.

Any chance you happen to know when?

-----------------------------------
Felix888999

Could have new contract announcement USD 130k per day rate to make the market crazy. 🤣🤣🤣🤣

I don't know if you have proven him a slanderer.

But you definitely proved yourself the "smaller" person and NOT the smarter one.

If so desperate to show ur e-penis somewhere, find a place on ur shelf and put it there.
----------------------
MrHuangBK

Hahahah.. auntie Felicia still avoiding the bet..

I think FM will only start pushing up again next week…let all traders trade themselves first

Sigh, only time tell if it’s a good or bad move.

So hai dy. Sold 26.5 and buy back 30sen. ahhahha

Huang, go find a crack somewhere on wall and place ur e-penis there.
Really no one interested.

jialat…bo lat liao… hahahha

big boys come to support at 30sen

nvm, this counter can leave to make porridge. Won’t sell until it become QL

i enter 500K shares at 21sen, tp at 27 and only left 50K shares. Can’t stand the head of QR bomb.
Now switch strategy sell before QR and buy back if good. Probability of bursa de casino to drop regardless of good or bad QR is just too high.

Like perdana not bad, still drop anyway. Another 600K share avg 0.213 tp all 0.265 sen. Sure drop anyway.

set crazy high sell queue, match buy back lower. Target 5-10% per trade

Singor the best

if you own 59 million shares and you only sell 100K shares. Is that huge dumping?
He doesn’t need the money. If it’s overvalued, he would be dumping in the millions.

Only thing I can think of is he wants you to think it’s bad and wants you to dump to him.

If price can advance to it’s NTA, that’s a good 50% upside

i think i’m abit concern with this QR, I have sold all my position at 27sen. Cos, if profit is not pretty again.
I don’t think PNB fund manager will support. It will let it drop like last round be pushing it back up.

To support at a bad QR is very costly. Better let it selldown before pushing back up with volume softens.

Ever thought so what if either of you is right? Is gonna make any of u or us very rich?

Can both of you please take ur tin kosong argument out?

Get a room of your own if you wanna compare who has bigger d*ck. No one else here interested.

FM is new business venture. Growing steadily it seems.

Cumulative QoQ
Revenue for the food manufacturing (FM) segment recorded an increase of 28.09% or RM85.55 million from RM304.56 million to RM390.11 million due to increase in sales quantity of primary processed and further processed poultry products.

QoQ

Revenue for FM segment registered an increase of 14.41% or RM17.45 million from RM121.09 million to RM138.54 million. The increase in revenue was due to increase in sales quantity of primary processed and further processed poultry products.

YoY
Revenue for the food manufacturing (FM) segment recorded an increase of 284.00% or RM102.48million from RM36.06 million to RM138.54 million due to increase in sales quantity of primary processed and further processed poultry products.

Individual corresponding quarter - FY24-Q3 vs FY23-Q3
Revenue for the integrated livestock farming (ILF) segment decreased by 24.38% or RM70.67 million from RM289.92 million to RM219.25 million due to due to lower eggs sales quantity from lower production of eggs.

Revenue for the food manufacturing (FM) segment recorded an increase of 284.00% or RM102.48million from RM36.06 million to RM138.54 million due to increase in sales quantity of primary processed and further processed poultry products.

Revenue for retail business (RB) decreased by 13.43% or RM8.77 million from RM65.34 million to RM56.56 million due to lower retail sales quantity.

Overall, the Group recorded a higher profit before tax (PBT) of RM74.95 million as compared to the previous quarter PBT of RM10.62 million. This amount is inclusive of subsidies received from the government.

on board 42-43 sens….long legs to run!

I think will take a while before revenue and profit being reflect

not great…maybe next QR

Macam tak mau limit, better reduce my position and enter again later considering past few good QR also gap down.

Got project limit up!

Lets gooooooo!

So confident wor rr88…cancel my queue sell first

Here got PNB FM support price. But Safer counter is perdana, better earning visibility and balance sheet.

Almost got show…I think FM woke up early today…price quickly supported

Lai shorties, another round sell down today…

Wonder what were they thinking when they doing the shorting.
——————————————-

SinGor
Big Shorties Hit Hard But PNB just pump-up---Shorties loss million in just one hour.....In arm twisting, you have
to make sure you got a bigger arm than PNB

20K shares transacted at 0.230, 7.7m traded at 0.235. Majority (30M ) traded at 0.255