Always looking for the best yields
Followers
0
Following
0
Blog Posts
0
Threads
1,385
Blogs
Threads
Portfolio
Follower
Following
2019-02-25 09:38 | Report Abuse
Fellow investors, 3.10 is way too low - so don't sign!
2019-02-22 12:13 | Report Abuse
What a huge trading volume!
2019-02-22 10:42 | Report Abuse
I thought they stated that dividend for this year = 20 sen
2019-02-22 10:05 | Report Abuse
Looks like the answer to the question on profitability was A - Loss. What a total disappointment ! Looks like inventory cost which has a bearing on crack spreads has a huge bearing.
I'm curious as to what Pet-Dag's result will be. It should also be bad due to high inventory cost.
2019-02-22 06:05 | Report Abuse
AlfI3 Sheldon, when can v expect UOB's advice comment?
You would have received the notification of conditional mandatory takeover dated 14 Feb. Independent Advice will be despatched by 24 Feb.
2019-02-21 16:47 | Report Abuse
I believe that the final price offered will be higher than 3.10. Seow brothers & the fund managers are going to demand for more.
2019-02-20 15:05 | Report Abuse
RainT - Good daily traded volume (liquidity premium), low PE, well-known brand, making good profits, decent dividends, foreign-owned, recession-resistant....
Need I go on?
2019-02-19 11:35 | Report Abuse
There was a RM696m drop in AFS investment. It was clarified to me that the drop was due to decline in price of shares of a company listed on London Stock Exchange, invested by KLK.
2019-02-18 16:14 | Report Abuse
cherry88 - then how come Sports Toto not going up by the same earnings multiple??
2019-02-18 16:11 | Report Abuse
I'm willing to catch more if it falls.
2019-02-18 16:10 | Report Abuse
Personally I feel that the offer is way too low.
If you use the textbook lowest or base case valuation which is NTA, the shares as at end of 2017, it's worth RM3.30. After 1 year of profit, it should be worth even more.
My feeling is that KJ probably has been talking down the earnings over the past quarters to portray a company that is ugly so that minority shareholders will just let go at the low price they offer.
Can-one wants to buy the company for a song.
2019-02-18 15:46 | Report Abuse
I've no idea precisely when but UOB KH is supposed to be objective and logical when they give their opinion about the price - usual text book stuff like valuations based on PE and dividend discount model.
2019-02-18 15:36 | Report Abuse
at these prices might as well sell magnum & buy toto unless it's to do with u-mobile
2019-02-15 17:01 | Report Abuse
The offer is so measly. Also if any dividends declared, the offer price will be reduced by the dividends.
Better wait for UOB Kay Hian's advise. If they are objective, I believe they would say that it's worth much more.
2019-02-14 09:28 | Report Abuse
20 is possible. As more & more profits are retained, the company becomes increasingly valuable. Think Berkshire Hathaway
2019-02-13 11:30 | Report Abuse
If the price hits 20, you might see me in the Forbes List - somewhere between Teh Hong Piau & Vincent Tan
2019-02-12 20:09 | Report Abuse
Parttimer - results about to be released. I'm hoping & I think that there's a general consensus that there'll be no earnings surprises a dividend of about 25 sen
2019-02-11 15:48 | Report Abuse
There's a rumble in the jungle
2019-01-28 11:43 | Report Abuse
I feel a minor erection
2019-01-16 11:21 | Report Abuse
As long as the share price is below RM7.50, I look forward to only dividends
2019-01-15 19:44 | Report Abuse
Weakening MYR caused by the kleptocrats is the main cause
2019-01-15 19:40 | Report Abuse
A main factor holding down our market (including Petron) is political uncertainties on especially succession - useless bums!
2019-01-14 11:54 | Report Abuse
Choivo - I went through your analysis of Hengyuan - pretty remarkable in your derivation of "real refinery earnings" - I think I'm a relative guru in finance but I humbly say that I've learnt something from you - TQVM
2019-01-14 11:41 | Report Abuse
Come on Choivo & Johnbrooks & others - we're playing the "Guessing Game" - what do you speculate will be the profit for the last 2018 quarter?
A - Loss
B - 0 - 50m
C - 51m - 100m
D - > 100m
As stated earlier - Simonlee76 & i guess C; Remain Calm B & Chickenputih D - what's your guess?.
2019-01-05 04:55 | Report Abuse
EPF is buying in chunks. Perhaps they are acting in concert with Can One
2019-01-05 04:43 | Report Abuse
Despite gasoline margins under pressure, in Malaysia there's some lagging in the adjustment of prices. The govt does consult the petrol station operators to ensure that they earn a decent margin before deciding on the retail prices.
I feel given that the 3 quarters cumulative profit already amounts to 250m+ with reserves 1.5b+ and 25 sen dividend is only 59m+, they could and should easily pay 30 sen.
2019-01-03 22:53 | Report Abuse
Based on the feedback on profits so far then we could expect a healthy dividends of > 25 cent per share?
2019-01-03 10:59 | Report Abuse
Guessing game - what do you speculate will be the profit for the last 2018 quarter?
A - Loss
B - 0 - 50m
C - 51m - 100m
D - > 100m
My guess is C
2018-12-18 10:34 | Report Abuse
This stock is an enigma as an "investment stock", trading at a PE of 4.04 !!
2018-12-17 14:30 | Report Abuse
I think as Can One & gang picks up the shares cheap, they are also throwing the shares if the price goes beyond 2.80 due to the demand so that the net shares bought will be cheaper than 3.10.
2018-12-16 23:40 | Report Abuse
The previous offer by Aspire was RM3.30 & that was considered low by minority shareholders.
Now a year plus later, the following cannot be denied
- RM is weaker against USD
- RM is of lower value from time value of money context
- Net asset value per share has increased given that the peanuts dividends paid lately were far less
the earnings.
One can conclude that 3.10 which is a steal !
2018-12-15 23:29 | Report Abuse
It's due to our local education - tainted by politics basically destroys the potential livelihood of the children
2018-12-15 15:54 | Report Abuse
bestreturn fourM, what do you mean? Don't understand what you saying. Care to explain?
what he means is that this counter is not boring given that there's results announcement one month, price going ex next month and dividend payment the following month. The cycle is repeated 4 times each year.
2018-12-14 09:13 | Report Abuse
HoHoHo ... it's going to be a white Christmas!
2018-12-13 22:43 | Report Abuse
Choivo Capital if you value KLK at market value, than yes, it is undervalued.
but i think KLK is way too expensive to begin with. I'll only buy it if it was 50% cheaper.
in which case, not that cheap anymore.
If you're interested in KLK, then buy Batu Kawan - better value for the earnings
2018-12-13 11:36 | Report Abuse
market has advanced for 2 days but my horses are running backwards - haha
2018-12-13 11:34 | Report Abuse
any idea why the suspension?
2018-12-13 11:24 | Report Abuse
Oh dear WTF!
2018-12-12 10:39 | Report Abuse
Caught a falling knife at 6.72!
How low can it go!
2018-12-11 16:31 | Report Abuse
Also if the co which we own are buying, it's something like we're buying the shares ourselves.
2018-12-10 23:03 | Report Abuse
A lot of share buybacks - that's a v good move!
2018-12-07 15:05 | Report Abuse
heng yuan showed a loss in the latest quarterly
2018-12-07 11:44 | Report Abuse
This Co can afford to pay a pretty good dividend given the good run of profits of late to pacify shareholders for the poor price.
That will give Petron shares an added boost in demand.
There's enough reserves and cash to pay 30 sen which would amount to RM40.5m.
2018-12-06 15:15 | Report Abuse
BTW - managed to strike 1 at 6.97
2018-12-06 15:13 | Report Abuse
Actually I stand corrected as aircraft fuel will be priced based on market price.
It's the lubes, gas and other products which are stagnant in prices that earn fat spreads when crude price is down.
2018-12-06 10:04 | Report Abuse
I agree Chiovo that oil price change has little bearing on the Co's fortunes.
In fact a drop would be better because even though the inventory held is marked down, Petron's downstream namely aircraft fuel will earn fatter crack spreads in the longer run when inventory is replenished.
Car petrol spread is government regulated so the spread is somewhat stable.
2018-12-06 09:56 | Report Abuse
I've just conferred my crystal ball and it says 4 sen
2018-12-05 11:51 | Report Abuse
Care to guess how much dividends?
0, 1, 2, 3, 4, 5 or 6 sen - come on let's have some fun!
Stock: [KIANJOO]: KIAN JOO CAN FACTORY BHD
2019-02-27 16:15 | Report Abuse
zolasteven - yes but they give the option to Can-one to acquire the shares at the offer price & also the 10% or less minority shareholders to sell at the offer price.