sheldon

sheldon | Joined since 2013-10-31

Investing Experience -
Risk Profile Moderate

Always looking for the best yields

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2017-07-19 17:13 | Report Abuse

"It's ok to come down Petron - daddy is waiting to catch you!"

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2017-07-19 17:10 | Report Abuse

Unlikely pypw since that call warrant is way out-of-the-money with an exercise price of 3.10.

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2017-07-19 09:06 | Report Abuse

So maybe the source of this downward spiral is due to this related-party deal ...

http://www.theedgemarkets.com/article/berjaya-sports-toto-ups-stake-7eleven

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2017-07-18 23:07 | Report Abuse

Dividend = 3 sens but on ex-day, down 6 sens.

None of the board members & other key shareholders are selling. So who's selling?

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2017-07-17 10:48 | Report Abuse

I hope Cup & Handle = up haha

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2017-07-16 12:19 | Report Abuse

Agreed - That's the right benchmark

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2017-07-16 12:14 | Report Abuse

The main issue plaguing Batu Kawan and the like is the spinners giving a bad name to CPO from the health angle even though it's proven that it's neutral at worst. I consume the cooking oil at home. Obviously the Malaysian eateries use palm oil in their cooking as well. I eat out most of the time and at mid-50s I'm still alive.

Then they pick from the environmental angle. The lobbyists are going all out to paint a negative picture on CPO to probably help the soy industry. It appears that all these so-called good intentions has the same underlying motive - MONEY!

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2017-07-14 15:12 | Report Abuse

Amanah Saham Bumi has been disposing off chunks. Do they need the cash or have they lost faith in Apollo?

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2017-07-13 23:05 | Report Abuse

If someone can interpret the gist of what was reported in the chinese daily or else i shall assume that it's something bullish

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2017-07-13 09:32 | Report Abuse

Despite this poor performance, the Management Discussion & Analysis keeps painting a rosy picture - telling all and sundry about robust postpaid growth & solid EBITDA margins etc.

It's like somebody smelling shit & telling all - "mmmm ... smells really delicious. Can't wait to sink my teeth into it".

Am I alone on this view or are there others who agree?

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2017-07-11 20:08 | Report Abuse

I don't have the balls. Right now only motivated by fear.

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2017-07-10 15:24 | Report Abuse

We can agree to disagree but my finance background tells me that money has a time value and yields are by convention expressed on a per year basis.

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2017-07-10 15:18 | Report Abuse

F, F, F - WTF is happening to toto???

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2017-07-08 13:52 | Report Abuse

Generally the impact of lower pump prices is mitigated or compensated by lower crude prices.

Of course in a downward spiral the stock of crude acquired at a higher price have to be processed and sold based on lower crude prices. Maybe there's enough thickness in the margins; maybe they have been hedged away. There's just too many variables for any outsider to analyse the impact.

So the best thing to do is to pray that the management is doing the right thing and enjoy the ride.

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2017-07-07 09:51 | Report Abuse

A weak MYR is supposed to be good for Apollo. Extract of 31 Oct 2015 quarterly ....

"The Group’s pre-tax profit for the current quarter ended 31 October 2015 has increased by
RM7.468 million to RM14.491 million from RM7.023 million in the quarter ended 31 October 2014.
The increase in net profit was due to foreign exchange gain on the depreciation of Ringgit
Malaysia against USD dollar."

But now it's singing a different tune. Extract of the latest quarterly ....

The Group’s pre-tax profit had decreased by RM1.499 million from RM5.756 million in the
preceding quarter to RM4.257 million in this quarter. This was mainly due to higher operating costs
and lower foreign exchange gain incurred in this quarter.

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2017-07-06 15:54 | Report Abuse

Posted by ckkhen - At 5.10 with dividend of 25sen, dividend yield is 0.25/5.10% = 4.90%

Don't forget that since dividend is paid in 6 months and yield is expressed on a per annum basis, hence 4.9 x 2 = 9.8%

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2017-07-06 11:05 | Report Abuse

Buy at today's price of 5.10 & stand to make an annual dividend yield of 9.8% - Is this not good enough??

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2017-07-05 15:26 | Report Abuse

Another tax event?

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2017-07-05 15:03 | Report Abuse

Every time I pick up this counter and think it cannot get any lower, it goes lower. This is my waterloo!

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2017-07-05 11:41 | Report Abuse

ED still swallowing gobs. I hope he doesn't get an indigestion haha

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2017-07-05 11:14 | Report Abuse

If it breaks 8 then it'll be up leaps & bounds

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2017-07-05 11:03 | Report Abuse

Sold some at 94, now irrespective up or down - i'll be happy

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2017-07-03 11:30 | Report Abuse

Yesterday, oddly yet to my delight, I saw a large crowd at the Toto outlet in Hartamas to the extent that they were queuing to place their bets. Probably a large jackpot draw is in the offing.

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2017-07-03 09:32 | Report Abuse

Yes ED Dato' Lawrence is scooping up a lot

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2017-07-02 21:08 | Report Abuse

I truly hope that you're right wltan22

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2017-06-29 10:36 | Report Abuse

Looks like 21 Jun 2017 (announced on 28th) is EPF's first disposal after taking up millions of shares over the past couple of months

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2017-06-28 15:42 | Report Abuse

Bad results - they claim that cost of raw materials has gone up.

As far as I know, commodity prices like sugar and CPO have trended down a lot.

May be it's the dollar climb that has impoverished all of us - TQ politicians!

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2017-06-22 10:49 | Report Abuse

I bought at 7.19. I sure hope that your optimism is on a solid basis.

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2017-06-22 10:32 | Report Abuse

So TVT's buying is just a ruse to get the rest of us to buy as well.

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2017-06-22 09:14 | Report Abuse

Another shitty performance

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2017-06-21 09:29 | Report Abuse

Steep drop in crude oil prices. Retail sure to be revised downwards.

Getting crude for as low price as possible from hard negotiations / hedging is the key to prosperity but it's difficult to achieve that.

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2017-06-20 16:08 | Report Abuse

When the share price of this co moves, it moves by leaps & bounds up or down as the case may be.

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2017-06-20 16:05 | Report Abuse

Likewise with bated breadth

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2017-06-20 11:01 | Report Abuse

Dead line for announcement is before 30 Jun

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2017-06-19 11:34 | Report Abuse

This counter cannot sustain its erection

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2017-06-15 11:08 | Report Abuse

Anyway I'll be going to the AGM to sweep the food & drinks into my mouth and plastic bag - that my friends is how you increase your yield from this stock!

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2017-06-15 11:01 | Report Abuse

Maybe because the pump price of petrol dropped by 7 sen

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2017-06-14 09:30 | Report Abuse

Estimates based on my experience is that the share will trade in the region of 7+. However 7+ is still an attractive price if the quarterly EPS can be maintained around 40 sen.

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2017-06-13 22:33 | Report Abuse

I believe the news that may have caused Magnum to move up could be the possibility of getting a stay from High Court on the demands by IRB

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2017-06-12 22:14 | Report Abuse

My guess for the results to be announced is 4++ EPS and 5 sen dividend

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2017-06-08 17:11 | Report Abuse

Can't wait to get my dirty hands on the 22 sen

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2017-06-08 06:37 | Report Abuse

Investors are also afraid that the government may "pasang kaki" this counter with back taxes like Magnum or even Toto's added GST last quarter. They don't like this sort of uncertainty.

This is the price to pay when so much money has gone up in smoke - somebody has to pick up the bill.

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2017-06-06 09:17 | Report Abuse

I wonder if any institution is buying the shares at these prices. Anyone knows which?

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2017-06-05 10:01 | Report Abuse

Vin Diesel is buying chunks