SincereStock

SincereStock | Joined since 2017-05-25

Investing Experience Intermediate
Risk Profile Low

Fundamental Investor + Anti-Technical Trader. targeting undervalue company and hoping for privatization (easiest way to earn money) Only NTA & PE matter (quality details with future prospects)

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User Comments
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2023-08-28 21:28 | Report Abuse

top up this stock at lower price level can never go wrong as the company definitely got the value, risk only occur to those who chase high

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2023-08-28 21:26 | Report Abuse

so so punya result, if bergantung ini result saja memang hardly support the rally or current price of RM1.50. But this stock is definitely still very undervalue la base on cash balance, NTA and future prospect.

price can go either ways from now, in case the price goes down can restock some more also, win win situation

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2023-08-28 13:47 | Report Abuse

@ChloeTai you are good. that's the way lo, go down buy, go up sell or don't bother. just as simple as that nothing complicated. but some others especially those so called technical investors like that do it otherwise haha

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2023-08-28 12:46 | Report Abuse

take over of umw by sime just helped to validate the true value of mbmr's 20% perodua stacks here. when the big players trade at that price between themselves, then it is the most reasonable value we can get. big players cannot go wrong with their own valuation

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2023-08-28 12:40 | Report Abuse

@ChloeTai because UMW = RM5 at the best, 10% profit for waiting till the completion of take over if everything goes right (minor risk it got cancelled).

last time my experience with mmccorp also about the same situation, privatization price offer is RM2, but price flip flop in between 1.64 -1.95++ from announcement till completion, good thing that I managed trade some in between these price to earn some extra profit.

as for mbmr, the price is still limitless, can also go beyond NTA even without involving just for it's 20% perodua stake

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2023-08-28 10:58 | Report Abuse

looking at the buy queue, there are no genuine general market interest in this share at this price, just someone specifically trying to push up the price by eating the sell queue strategically to minimize cost.

not that I hope the share price drop, I still holding quite some stakes just in case for privatization announcement.

but IF there is no reason behind this rally and IF it is fabricated, somehow not supporting by next QR result, collapse might happen at anytime

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2023-08-28 09:02 | Report Abuse

just sold a few more at RM1.49 today morning to lock profit, need to be a bit defensive just before QR release, somemore I sus something here

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2023-08-27 22:04 | Report Abuse

hit privatisation is the fastest and easiest way (no need to predict target price / peak) to make profit in stock market. there are plenty of other undervalue stock out there, why want to stick long to 1 stock? only hold when required

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2023-08-25 20:40 | Report Abuse

management should just privatise this company while it's stock price still underperform

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2023-08-25 20:40 | Report Abuse

management should just privatise this company while it's stock price still underperform

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2023-08-25 20:39 | Report Abuse

management should privatise this company as soon as possible while it's stock price still underperform

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2023-08-25 11:31 | Report Abuse

@rchi what to do with rcecap? not even the same bidang, many other counters also traded above NTA

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2023-08-25 09:17 | Report Abuse

just reentered at RM1.10 today, the best current (fundamental to stock price) jewellery franchise in Malaysia, PE 2.64, 61% NTA discounted price. EPS still always superb regardless of gold price. definitely undervalued

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2023-08-25 09:08 | Report Abuse

low volume at low price, ada orang sengaja press down the price

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2023-08-25 08:52 | Report Abuse

@chloetai the answer to your question is just right above your question

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2023-08-24 17:15 | Report Abuse

hmm 10% yearly? I still prefer tml limit up hehe

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2023-08-24 16:00 | Report Abuse

masih ada lagi yang mahu jual MBMR harga rahmah hehe, maybe same stakeholders those who doesn't like perodua sell AXIA harga rahmah

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2023-08-24 15:37 | Report Abuse

apa2 pun should be above current price / today closing price lo

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2023-08-24 15:16 | Report Abuse

why don't wait for the news first? it can't be bad news?

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2023-08-24 15:01 | Report Abuse

limit up today?

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2023-08-24 14:34 | Report Abuse

that's great, hold tight and wait for announcement

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2023-08-24 12:39 | Report Abuse

@cheeseburger yeah sure management already considering all factors before taking that initiative, no company that offer rahmah price for their products that will put themselves in bad financial situation

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2023-08-23 23:12 | Report Abuse

13 EPS is lower than last QR but it is still very decent maintaining pe below 10 by itself. not to mention EPS need to be averaged out throughout the year for bigger picture

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2023-08-23 23:10 | Report Abuse

panic sell for what? panic buy maybe, DY more than 10% and is sustainable from core business EPS

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2023-08-23 20:54 | Report Abuse

satisfying QR, EPS still can maintain PE below 10, good dividend payout, as long as net cash is still positive and price still below NTA, definitely can continue to hold, after dividend exdate there will be more space for the price to fill up

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2023-08-10 16:09 | Report Abuse

just move on, there are plenty of undervalued stock out there. once sold all never watch back. choose another undervalued stagnant or downtrending stock. never chase high

remember buy low sell high. nobody can do it perfectly, buy at lowest and sell at highest.
but at least try your best to do it correctly albeit not precise, just don't do it other way round

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2023-08-10 12:17 | Report Abuse

sold a few more to take profit at RM1.39 today ^_^ still got quite a lot of SURIA shares left

hope the price will continue to up but need to be extra cautious before PRN6 / QR release

will top up more in case price drop to lower level

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2023-07-25 10:32 | Report Abuse

reenter a few today at RM1.13

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2023-07-24 10:37 | Report Abuse

topped up a few at RM0.640 today

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2023-07-21 16:59 | Report Abuse

sold a few at RM1.28 to lock profit ^_^

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2023-07-21 11:42 | Report Abuse

sold a few at 0.110 to lock average cost

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2023-07-18 10:26 | Report Abuse

sold all cut loss at 1.05, fundamental significantly changed without monopoly of cement, previous EPS / PE might not be able to sustain in the future, don't want to continue risk here

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2023-07-12 12:15 | Report Abuse

@mickey77 true also haha

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2023-07-12 10:50 | Report Abuse

what happen? why suddenly kena sapu?

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2023-07-04 17:15 | Report Abuse

haha so funny trying to cause fear at this time to collect more. we all know anyone can die anytime regardless of their age, no body buy a stock without assuming that this kind of risk always involved

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2023-05-31 09:24 | Report Abuse

think who dare to queue at RM0.61 now considering the stock is on downtrend? definitely not techinical investor. should be mostly substantial shareholders (with lot of cash to queue) and a few fundamental investors who think the stock is undervalue and not try to wait for trend turnaround to catch some

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2023-05-31 09:21 | Report Abuse

@xiaoeh 1 of the top 20 ask you bilis don't buy you think what all it is about? they don't want you to buy so they can collect more lo. that's why we should do the otherway round.

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2023-05-31 09:02 | Report Abuse

reentered at RM1.10 today, last ride sold all at RM1.28.
QR / fundemental perception & future prospects are good this round.
safe to ride until next the QR result release

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2023-05-30 20:14 | Report Abuse

if you agree price is cheap now just buy more la, why wait downtrend makes a turnaround, that doesn't make the price cheaper, instead make it more expensive. typical techinical thinking

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2023-05-30 11:26 | Report Abuse

any result from only core businesses that keep it's PE below 5 is a superb result, considering it's already high NTA with net cash

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2023-05-29 20:38 | Report Abuse

consistently good QR / EPS, will continue to hold for the moment

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2023-05-29 20:28 | Report Abuse

massive improvement in revenue and overally a good QR despite net loss due to yearly taxes (it won't be a net loss QR if taxes are paid on quarterly basis instead of yearly)

Imago Mall is proven to be the GEM of ASIAPAC. management should try to get rid of other unnecessary property development businesses to cut down the total liabilities and thus finance costs. Move on by focusing on Imago Mall to generate consistent profits

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2023-05-29 12:35 | Report Abuse

not cool, everything techinical, nothing fundamental

anyhow if you still got any share left with the company, you should encourage people to buy, not the otherway round which will cause you further paper loss, regardless it is temporary or not

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2023-05-28 19:57 | Report Abuse

3% dividend is not too bad. high NTA with net cash, good EPS.

disregard what other investors want to do, just buy if you think it is undervalued. it is all about the company value, unless you are a technical investor (gambler)

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2023-05-26 09:17 | Report Abuse

sold a few at 1.20 today. needed some cash to buy MBMR

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2023-05-26 09:17 | Report Abuse

reentered some today at RM3.45 & RM3.47, didn't expect this company can maintain profitability after the end of sst exemption last year. hopefully can get some consistent dividend payout if not good price ride this round.

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2023-05-20 20:19 | Report Abuse

Property development and leasing
The property development’s revenue was derived from the leasing of Gallery Shoppes at
Jesselton Quay. These Gallery Shoppes are part of the entitlement accorded to the Group from
the first phase of the Joint Venture with SBC Corporation Berhad (“SBC”) which has been
completed and delivered in year 2022.
It is expected that the second phase of the project will commence in year 2023 based on revised
terms stated in the Amended and Restated Agreement dated 30 November 2022.
For the current quarter and year-to-date, the property development segment contributed <1%
to the Group’s revenue (31 March 2022: Nil). As of the interim financial date, 64% of the gallery
shoppes were committed by tenants.


Is that means Jesselton Quay's leasing will start contributing to SURIA's revenue starting next QR?

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2023-05-12 12:03 | Report Abuse

this company even if making some losses in the next QR, buying into it's Imago Mall net worth alone is already totally worth it of huge discount bargain

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2023-05-12 11:58 | Report Abuse

so happy finally able to top up some more at 0.100 today after queuing for 3 days

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2023-05-10 16:51 | Report Abuse

sold a few at RM1.26 preclose today, need to be extra cautious during QR season