Followers
0
Following
0
Blog Posts
0
Threads
829
Blogs
Threads
Portfolio
Follower
Following
2023-09-23 01:43 | Report Abuse
However, we have to take into acct the interest rate BA pays. So let the 2Q pass and hope rates drop, and BA can do the capital mgmt accordingly. Current debt to cashflow is abt 4X very manageable. But if interest rate shoots up its good to he prudent. When rates are down BA should pay out its profits
2023-09-23 01:40 | Report Abuse
#MM78, u r right it's all abt Capital Mgmt. What's 4 DV or 250M when BAs cashflow is 20 sen per share or 1B.
2023-09-21 02:19 | Report Abuse
Let's put our money where our mouth (text) is... let's see if the price moves up or down tomorrow or in 1 month. Romssol is a "goreng" stock. Before talking abt anti corruption are they corrupt by paying high salaries to the Board when they can't pay even any Dividend to their shareholders. Food for thought.
2023-09-21 01:42 | Report Abuse
EPF sometimes sell to their outsourced fund managers. And to lock in gains to meet accounting standards to pay DV. So they are doing their part. When market bad in Msia they buy Msian stocks ..... make 10% sell and go global. Anyway this year EPF expected to pay 6% DV. So the more they sell the better DV we get.
2023-09-21 01:38 | Report Abuse
Let start a group to sue SD Board if they get delisted for good.
2023-09-21 01:35 | Report Abuse
Surely and slowly will go down as CPO price drops again. And with high cost paying the cronies, it's a dead stock.
2023-09-21 01:34 | Report Abuse
No brainer buy Gent... its a recovery play.
2023-09-21 01:27 | Report Abuse
Sold my BPlant and told thanks to LTAT. My friends advised that I don't need the last 7 sens. Good Bye BPlant. Hope all U guys enjoy the ride.
May be want to consider Pharma or Affin as next target if the price is right. As LTAT said, they don't want to run businesses and let the experts do it, if true than BPlant deal will happen and so will Pharma and Affin sale.
2023-09-21 01:23 | Report Abuse
I think it may bounce up again once Brent above 95. Wait for what FED has to say and the game starts. Was able to buy 50% of what I sold at 56, sadly parked the other 50% at 55. Once it breaks 57.5 will jump back in.
2023-09-19 12:43 | Report Abuse
2 support levels...at 57 and 55 sen.. time ur re enter. I sold some at 58, but realised mistake. Hope to re enter at 55 or 57. Keeping an eye.
2023-09-16 12:39 | Report Abuse
Surely some problem which is not disclosed YET.
2023-09-16 12:38 | Report Abuse
When KLK don't buy from open market, much lower than takeover price, we have to be worried.
2023-09-14 19:53 | Report Abuse
Going to fly to the moon. Anytime soon the HK shareholder will flex their muscles.
2023-09-14 19:51 | Report Abuse
LTAT may be having cold feet after political backlash. No sign of KLK buying from open market. Today is day 4.
2023-09-13 23:40 | Report Abuse
Looks like something fishy cooking. KLK has not bought any shares since Monday and gives ultimatum for LTAT to do a deal before 22 Sept. Furthermore, all CP met, including all approvals at BHB level. Can minorities sue LTAT to buy up BP if the deal is called off with KLK.
2023-09-13 08:40 | Report Abuse
Next resistance at 100 and 110 for Brent. Too 💪
2023-09-12 22:52 | Report Abuse
BHB didn't do EGM as they compulsory acquired all minority on 7th Sept before EGM.. So it was just LTAT agreeing to sell and done. All Condition Precedence met. Hope they launch the GO very soon. 1.55 coming.
2023-09-12 18:55 | Report Abuse
Abt RM80M in rev per Q for BA. Interest cost 30M, depreciation say 40M, profit 10M per Q. But loan will drop 50M/Q... Bravo BA. Strong 💪
2023-09-12 18:52 | Report Abuse
This is a 9Y contract for USD2.1B. So 30% is BAs or USD630M over 9Y on a loan of USD300M.
2023-09-09 15:35 | Report Abuse
The management change happened sometime ago. Now, U may see changes in shareholding. LKS was not able to deliver the investment returns to QLC, so QLC decided to take over from LKS.
2023-09-09 15:33 | Report Abuse
This is most likely payments for LKS to exit.
2023-09-09 15:18 | Report Abuse
LKS don't control EWI anymore. QLC is in control. Top mgmt is all QLC team. LKS will sell and leave EWI.
2023-09-08 21:25 | Report Abuse
Let's see BA at 90 sen in Sept 2025.
2023-09-08 21:24 | Report Abuse
Cheap cheap let's collect. Every Q cashflow of min 5 sen.. that means every Q price can be up 5 sen. 1Y is 20 sen...2Y is 40 sen.. laugh all the way. In between U have shocks but only lost 3 sen for the shock. Enjoy the ride.
2023-09-08 15:11 | Report Abuse
Will minorities of BHB reject the offer? LTAT is just 1 vote vs the many minorities who are unhappy with LTAT. Any one knows if LTAT has organised the support for the deal with BHB minorities?
2023-09-08 15:09 | Report Abuse
Tomorrow is BHBs EGM to vote for this deal with KLK
2023-09-07 22:45 | Report Abuse
KLK happily collecting at 1.51 today. Deal will become unconditional over the weekend and they will buy at 1.55 next week.
2023-09-06 12:20 | Report Abuse
The machine may also sell down once the AI indicator says sell. So its not a fundamental driven trade
2023-09-06 12:18 | Report Abuse
Machine buying. Normally, it may be an AI Fund. Fund which buys based on AI indicators.
2023-09-06 02:47 | Report Abuse
Why banks can't be privatised? Many govt banks still remain private...take over by a govt agency still becomes govt bank.
2023-09-05 19:02 | Report Abuse
Wait till end of the week, once BHB shareholders approve at their EGM the deal is done. BHB not fully privatised, still lots of minorities at BHB. See condition to BPlant sale is BHB shareholderS approval via a EGM.
2023-09-02 10:38 | Report Abuse
Q results end of the month. Another bad Q price will be 40 sen. Just be careful. If good Q we can see uptrend to 60... Anyone has insights
2023-09-02 10:36 | Report Abuse
High revenue coz of higher interest rate. The net margin is came quantum. When rates goes down revenue will be down and margin rate will increase.
2023-08-30 01:00 | Report Abuse
BHB need to get shareholder approval. It still has minority shareholders. Some odd lots holder hold back and received the notice of EGM for 9th Sept.
2023-08-30 00:59 | Report Abuse
BHB is Boustead Holding Berhad
2023-08-29 08:53 | Report Abuse
By Sept 9th once BHB shareholders approve the sale and it becomes unconditional, price of BP will be 1.55
2023-08-28 04:05 | Report Abuse
Dead stock. Best look outside. Financial analysis this is bad. In few months may have rights issue as cashflow is bad and high debt. Unless maxis takes over this is a dart waiting to die.
2023-08-28 04:01 | Report Abuse
It's a Johor Play. Anyway Forest City will fail for one simple reason... its overhyped. Can't do China Ops in a small economy like Msia+SG.
2023-08-28 03:58 | Report Abuse
Many graduates who went to India also can't speak good English and same goes to those who went to China. So who do we blame?
2023-08-28 03:54 | Report Abuse
So hold tight once sime done the deal with UMW, sime will need MBM to have control of P2.
2023-08-28 03:52 | Report Abuse
That's why always undervalued. Logically it should be 6.00 now but with good DV payout it somewhat compensate the problem. Jewel is the 22% in P2 worth 2.5B.
2023-08-28 03:50 | Report Abuse
Too complicated to privatise. Major shareholder ie medbumi consist of mara and 6 families. Mara has only 30%. The 6 family happy with DV payout. So who want to privatise MBM unless from outside with HIGH premium so the 6 families can enjoy life.
2023-08-25 13:04 | Report Abuse
QR out. Down only a little. Would say fantastic results. Debts down big. 6 mth cashflow 525M. Very strong.
2023-08-23 20:46 | Report Abuse
#felix888, u r correct. Its loss of revenue and not impairment. Other cost to be included is repair cost and the penalty (if any). Since its only for less than 30 days in Q2 its not a big impact. Q3 another 30 days or lesser as production was up to 60% already.
Stock: [ARMADA]: BUMI ARMADA BERHAD
2023-09-23 01:44 | Report Abuse
2024, we should have DV.