Could BJ Toto next to be privatized after Redtone?

GST money come in. Special dividend coming soon.

Many said low PE stocks should be chased. Why not Msports which is far cheaper and PE only 2?

EPS 6.51sen. If fair PE 10, TP Msports 65sen?
http://klse.i3investor.com/servlets/stk/fin/5150.jsp

PE 4.11 but nobody want. If fair PE is 10, TP RM 2.48?
http://klse.i3investor.com/servlets/stk/fin/5401.jsp

If everything is good major question is why VT dare not buy despite BJ Corp getting cheaper? He has bought BJ Toto this year but not BJ Corp.

CEO Loh said Tek Seng revenue will increase 50% this year. Buying now will reap the rewards later.

In 2015 Icon still got won PETRONAS unmbrella contract something not all O&G companies can boast of as PETRONAS need to cut capex.

If Ekuinas or Tabung Haji is the one selling then Icon is in trouble.

Icon EPS 2.23sen vs KNM EPS 0.26sen but Icon share price lower. Why?
http://klse.i3investor.com/servlets/stk/fin/5255.jsp
http://klse.i3investor.com/servlets/stk/fin/7164.jsp

CEO selling his own shares to spend is better than asking company to pay him much more salary which will affect Icon profit.

Should ask TNB to take over Tek Seng to solve their power supply problem. Now Tek Seng only worth 120million. Taking over Tek Seng is very cheap for TNB compare to say Integrax.

Net cash-320.677million
Total shares-517.5miliion
Net cash per share=62sen.
Which mean someone pay 13sen entitle to cash 62sen. What about other assets eg shoes(inventory), land etc. How can one not buy?

If compare with Pesona(new warrant & also trading at discount to conversion) Tek Seng conversion case is very much less.

Downtrend seem over. Actually not much conversion of warrants took place; less than 500K so far.

Have to wait until next qtr report only can move like someone said? Wellington buying, disposal gain doesn't move AA.

If compare BJ Toto share price, EPS with Magnum which one better? At least major shareholder(VT) is buying BJ Toto but not Magnum.

Oil up, CPO up, FGV?

When oil is up, Puncak tend to benefit as well through GOM.

Oil up again. Ekuinas is owned by govn so PETRONAS O&G contract will still flow in,.

Saw VT and his brother Danny Tan at Johor Sultan Ibrahim coronation day in Star today. Perhaps VT should consider open a casino in JB instead of Bukit Tinggi? His arguments-provide employments, boost tourism in JB.

Wellington buying again. Meaning no fear USD strength and Fly Mojo threat.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1912637

retnam, I mean privatization at around RM3.65-RM3.70 not RM3.40.

Just buy. Today price consider very good.

How much is cash per share Puncak suppose to receive if agreement remain same? RM3 or RM3.50?

If no privatisation maximum BJ Toto can go up is RM3.40 in current situation. So if 10% higher not good?

Selangor to grant access of land in tanked Selangor's water exercise

By Cynthia Blemin / theedgemarkets.com | March 25, 2015 : 1:40 PM MYT

KUALA LUMPUR (Mar 25): Energy, Green Technology and Water Minister Datuk Seri Maximus Ongkili said the Selangor government had granted the federal government access of land where the pipes were located following a tanked water deal.

"There is no revision and we have to stick to the agreement (master water agreement).

"I also understand that they (Selangor) will give us access to the land," said Ongkili, expressing confidence that a new document with minor adjustments was expected to be signed soon between both the federal government and Selangor on the water restructuring.

However, Ongkili was not able to give any time frame as to when it will happen. He said this to reporters outside parliament building today when asked on the status of discussions between the federal government and Selangor after the extension to the master agreement recently lapsed.

Ongkili confirmed that officials from both sides met last Monday and that there is no dispute on the ownership of the land where the water pipes are.

He also clarified that the proposal by the federal government to lease the land where the pipes are from Selangor is no longer neccesary following the meeting and that it still remains under the ownership of the state.

He also said there will not be any revision to the price for the takeover of Selangor's water assets.

To recap, the Selangor state government had decided not to give the federal government a third extension to the master water agreement that lapsed recently.

Selangor Menteri Besar Mohamed Azmin Ali had then voiced his disappointment over the federal government's decision to not honour the master agreement that was signed by his predecessor, Tan Sri Abdul Khalid Ibrahim, claiming that the ownership of the land where the water assets are was never in the master water agreement.

Franklin resume buying? Foreign fund seem to buy local stocks lately.

Unknown to people FGV also own MSM which was once belong to M'sia sugar king, Robert Kuok. So FGV is not as bad as pure plantation company.

If follow last year should be May unless they decide earlier this year.
3sen per share.

cyphua please update your knowledge. BJ Toto is owned by BJ Land and BJ Land is owned by BJ Corp. BJ Corp result will somewhat affected by BJ Land loss.

Tek Seng NTA will rise above 60sen this year if continue to make profit(eg 62sen if EPS 5sen) like last year or more if more profit make. So any price below NTA is not expensive unless company keep suffering loss.

Latest TP RM2.44. Why people not buying? Even buy for dividend is good enough.
http://klse.i3investor.com/servlets/ptg/5222.jsp

NTA will rise further when company make profit and there is property revaluation. Valuation should be based on earnings than NTA. NTA is used when company want to be sold eg recent failed bank merger.

Sorry buy before 1st April.

Bo beh beh ka kui because GST extra 6% on commission, contract stamp. Better buy before 31st Mar like foreign fund to save cost.

If want them to conclude fast please enforce more water rationing while Puncak still have power.

Foreign fund please show you are smarter than EPF fund managers to buy first.

RM 2.3 this week on continued share buy back?

Why are Tabung Haji and EPF buying this month?
http://klse.i3investor.com/servlets/stk/annchsh/5148.jsp

If VT want to privatize BJ Toto and offer 10% higher I can accept also. While waiting for it to happen let me enjoy 5sen dividend first.

Still it is better to buy now than after GST to avoid paying extra 6%. That's why foreign fund also start to buy from last week. Myself also buy all with my bullets.

Shares buy back seem to slow down last 2 days unlike last week million shares from Wed-Fri, reaching 8.02% as at today. Perhaps mgmt. prefer to delay another share dividend after one this month.

Possible another closing high like yesterday?

Last dividend ex-date was in Sep'14. So announcing this or next month meaning dividend interval already past 6 months.

Announcing early 4sen dividend promised could prevent further slide.

Ekuinas not selling meaning Icon not in trouble.

RE, solar energy, PVC not good business meh? Why some selling? Major shareholders Loh yet to sell a single mother shares.

Stocks in China(SSE) keep flying. Lin HuoZhi should privatize Msports and relist in China.

If Ekuinas don't do anything to protect Icon IPO holders then should boycott future Ekuinas IPO.