SJSOON

SJSOON | Joined since 2012-07-23

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Stock

2013-07-30 19:48 | Report Abuse

Malaysian Ringgit depreciates to new low via-a-vis Singaporean Dollar at 2.547 across 15 years. This could be a supplement to support the heating demand for properties in Iskandar.

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2013-07-26 16:21 | Report Abuse

Breaking 2.50. All the way up to realize its fair value.

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2013-07-26 16:19 | Report Abuse

Personally, I am not so familiar with the warrant. But, I expect the price will soar when it approached the ex-date. It's just my intuition.

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2013-07-26 16:09 | Report Abuse

All the way to north.

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2013-07-26 16:07 | Report Abuse

To me, this counter is not suitable for contra players. You need patience to reap the fruit. I have been holding this counter for nearly one month and observing the price movement from the trough 1.77 to 1.90 around these weeks since the plunge from 2.20. Technically speaking, I assume the price will consolidate within the range 1.85 to 1.90 at the moment. Basically, the company does not face any problem in the fundamental though some may criticize the company excessively leverages to aggressively carry out projects. However, they are trying to de-gear the debt position by reducing debt amount by 600 million by the end of 2013 (Refer to the 23 March news release). To me, I think it takes time to realize the upward potential. Last but not least, I think the company has its own way to nurture prospective successors in future. In the board, we can see the old Tan has led three of his children to be members of the board to get themselves familiar with the business before he retires. As compared to other companies, like UOADEV, we do not see any potential successor yet its current leader is old.

Stock

2013-07-26 15:23 | Report Abuse

No worries, this happened to MAHSING two weeks ago.

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2013-07-26 15:22 | Report Abuse

Having kept a close watch on the transaction records, there is 99% of probability that somebody else is manipulating the stock market. He deliberately presses down the price at the moment and hence cause panic sales among retail investors. Like what @HuaTTa said, good point!

Stock

2013-07-24 00:02 | Report Abuse

I know some of you guess if the EPF will merge MBSB and RHB. But, do you think it's worthwhile for EPF to do so. As everything right now is doing well, what's the point for the M&A to be carried out.

Stock

2013-07-23 22:49 | Report Abuse

@heeroo, I seriously doubt you are disseminating unreliable news to call others to join your herd. You shouldn't do so by right. This kind of rumor will mislead others. You have better do your analysis first and come up with a solid reason to convince yourself and others. Bear in mind not make yourself misled by rumor and also mislead others to listen to your rumor.

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2013-07-23 20:27 | Report Abuse

Beware, heroo later becomes ZERO.

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2013-07-17 22:45 | Report Abuse

Good news from US now! Bernanke agreed not to have set timetable to scale back asset purchases.

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2013-07-17 17:20 | Report Abuse

Technically speaking, doji pattern today. If tomorrow can break 1.09, then it will continues to fly high. Of course, if it dropped below 1.04, downtrend would start. However, having watched the track records, I have found that there existed strong buys at 1.09 and 1.11 then followed by 1.10. From 9:00am to 5:00pm, the transaction volume movement indicates one thing: panic large sells from the one hand and equivalently large buys from the other hand. I would say tomorrow is the key "day" to expect the trend.

Stock

2013-07-17 17:15 | Report Abuse

Haha, @JTFX, you are too greedy to have target price RM2.00. To me, the fair value is RM 1.43 based on the company's profitability and expected earnings projections from existing contracts. Anyway, if this counter can escalates to RM2.00 like MUHIBAH and PUNCAK, certainly it's good to see it.

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2013-07-17 16:50 | Report Abuse

Since three days ago, the price have been shooting up by about 16%, today by right should be settlement date at which some contra players will sell off theirs in the morning. No worries, the company is expected to benefit from contracts awarded by the government as it is one of the prominent small-mid-capital Bumi construction companies in Malaysia. More contracts will come.

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2013-07-17 14:45 | Report Abuse

Having kept a close watch on this counter, I think the price surge around these days is mainly because of the company's intention to push the price up at higher level so that it makes the newly-issuing shares attractively subscribed at RM 2.07.

Stock

2013-07-17 13:44 | Report Abuse

It will be like MUHIBAH, PUNCAK and ALAM. It's just a matter of time.

Stock

2013-07-17 09:07 | Report Abuse

Somebody else is manipulating the bids and asks. Beware.

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2013-07-16 11:54 | Report Abuse

Beware. A sudden surge must be backed by reason. I do not see any positive news that can boost the price and make it so volatile between 0.97 and 1.08 for the past 5 days. It's not a good time to buy in at the moment. Wait for tomorrow after 2:30pm when the force-selling starts.

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2013-07-15 16:50 | Report Abuse

UTOPIA+INGENCO=TRASH.

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2013-07-11 22:35 | Report Abuse

Because today is Thursday. Force selling took place in the afternoon session. That's why it dropped. Tomorrow surely it bounds back.

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2013-07-11 16:45 | Report Abuse

Take a look on the Monetary Policy Statement by Bank Negara which will be released after 6pm today.

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2013-07-10 10:01 | Report Abuse

No, this company is not worth to invest. Please study the difference between budget airline and full-service airline.
You may figure out.

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2013-07-09 09:14 | Report Abuse

KIMLUN is on its right track to attain its fair value. Last Wednesday was a good time to buy in when it dropped below 2.00. Anyway, it's not late to get it now as the price is relatively lower. although about 8% (based on MYR 2.00) has surged.

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2013-07-09 09:12 | Report Abuse

Advice to all: Never ever buy CBL-related stock counter. Currently, there are so many relatively-cheap but financially-sound counters, especially those are construction and property companies, to buy. I know some of you may think that their quoted price is too high for retail investors to earn profit. I used to think in such a way like you guys. But, at least, buying such profiting and stable companies' shares will give you handsome return in near future, especially when more and more mega development projects are going to be released in the mid of July, rather you always worry while buying these scam companies on ACE board. It's just wasting time and make you nervous and panic all the times. @Tarita: if you think you are genius who can simply influence others to join your herd, you are wrong and you have better regret before you will have learnt a terrible lesson one day. Be sympathize and spare thoughts on others, please don't exploit others because they are not financially-well-educated.

Stock

2013-07-09 09:03 | Report Abuse

No worries, just hold the stock until it attains the fair value of RM 2.90 (personal stock valuation).

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2013-07-05 10:10 | Report Abuse

Good job, MAHSING. For those who hold the shares up to now, you have already gain extra 11 cents. The current bonus-issue-adjusted price level is equivalent to 3.00 before the ex-date. Further surge is expected as the dividend ex-date is around the corner.

Stock

2013-07-04 09:36 | Report Abuse

Hi, all. If you want to sell the shares that you bought before ex-date, you are still entitled to the bonus issue which will be credited into you CDS next Monday. But, you can only sell the amount that you bought before ex-date which does not include the bonus shares as it is still in the process of disbursement at the moment. No worries. Anyway, if the price still maintains beyond 2.40, you guys certainly earn profit.

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2013-07-04 09:27 | Report Abuse

It's because today is the ex-date fro bonus issue. Therefore, your CDS account will be automatically credited bonus shares in accordance with ratio 1-5 on the lodgement date 8 July 2013. Since the current price last at 2.48 greater than the open LACP 2.40, it means that those who bought it yesterday gain 0.08 this morning.

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2013-07-04 09:21 | Report Abuse

Exactly, hopeless stock.

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2013-07-04 08:31 | Report Abuse

Game is over now. You see a huge block of ask queues is at 0.09. What does it imply next?

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2013-07-04 08:29 | Report Abuse

Haha, close at 0.08, I think. Don't waste your time on this counter. Take a look at others. Nowadays, it hardly has counters for retail players to speculate on. Don't dream to earn a windfall from this trash. If you still insist. good luck to you guys.

Stock

2013-07-03 19:48 | Report Abuse

Last time, there is a fella called William88 who suggested we should buy UTOPIA. Then, what is the consequence who blindly followed his advice? You go check the price of UTOPIA now. You will know how you will be ultimately if you follow Tarita. Don't buy, it's a trap. Ikan Bilis can't fight with jaw.

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2013-07-03 19:45 | Report Abuse

You guys are being cheated. This is a trash stock manipulated by the jerk CBL. Tarita is the one who spread rumour away to others to join the herd. Be careful. Tomorrow, Mega sale will start.

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2013-07-03 14:58 | Report Abuse

Somebody else keeps buying the shares at 0.09 but on the other hand somebody else keeps dumping shares.

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2013-07-01 17:01 | Report Abuse

No dividend will be paid as the profit shrinks substantially for fiscal year 2012. Forget about it and see other counters.

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2013-06-25 16:11 | Report Abuse

By right, it should rebound but the market does not allow.

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2013-06-25 13:09 | Report Abuse

Uncertainty of Revision of DIBS + China "Cash" Crunch + Possible Withdrawal of QE and hence capital flight: Not a good time to buy stock now although the company has a good fundamental. I expect major correction will follow after 2:30 pm. Probably, by the end of Friday, the stock price will no surprise reach its pre-election level. Take care, man.

Stock

2013-06-24 11:15 | Report Abuse

No worries. It is mainly because of some frenzy investors who are risk averse dump their shares at the moment when they saw the EPF disposed shares last Friday. Plus, some may perceive that the capital flight as a result of the end of QE will lead to negative impact to Malaysian property market. Therefore, dumping of shares is inevitable when several negative news come in at the same time. However, the stock price will vary but it depends on price level at which you are comfortable to buy in. Must always ask yourself, is the current downtrend due to changes of company's fundamental, such as growth prospect, profitability etc? If not, there is no reason for me to dump shares at substantially undervalued level.

Stock

2013-06-21 10:47 | Report Abuse

The company is going into bankruptcy, read the announcement, "The Company has failed to service the monthly fixed repayment amounting to RM16,101,831.49 as at 31 May 2013 in respect of the Facility Agreement (Syndicated Term Loan Facility of up to RM100.0 Million). The event of default has triggered the demand from the financiers on the full outstanding amount of RM96,082,818.51 as at 31st May 2013.
"

Stock

2013-06-20 17:02 | Report Abuse

@Hulk. Sabar sabar, lepastu akan terbang tinggi semula. Usah risau.

Stock

2013-06-19 10:09 | Report Abuse

3.4 instead.

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2013-06-19 10:07 | Report Abuse

199 queues at 1.50; Temporarily, this may be the supporting level for transactions today.

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2013-06-19 10:06 | Report Abuse

The price escalates to one-month high just within one hour. Probably, the board is going to make the dividend announcement soon, next week maybe. Shamsuddin, the founder and father (if I have not mistaken) to the current company's chairman, retired last year. I think the share transfer (yesterday) was intentional and will give him a windfall reward as a token of appreciation to his service in the company since establishment.

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2013-06-19 10:02 | Report Abuse

Having observed the price movement and transaction volume within 1 hour since the market was open at 9.00 am, price keeps climbing up (by three cents) and the bid queues increase. Technically, it shows a rebound signal soon. 4.20 must be a very strong psychological supporting level.

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2013-06-18 23:11 | Report Abuse

Why did Sapura Holdings Sdn Bhd transfer all the shares it owns to the founder, Tan Sri Dato' Seri Ir. Shamsuddin bin Abdul Kadir? Any implication in between?

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2013-06-18 22:40 | Report Abuse

As many are chasing for Iskandar-themed counters, why do peole neglect greater Kuala Lumpur development Project as emphasized in the Tenth Malaysia Plan,2010?I think Klang Valley will benefit the most once the High Speed Rail project is carried out. Detailed study will show.

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2013-06-18 00:30 | Report Abuse

Last but not least, remember there are only two Najib's core development plans under his 5-year administration: Great Kuala Lumpur Programme and Iskandar. If we simply compare which one the Central Government pays much more concern, definitely I would say the former. We you see the national budget allocation 2013, you will figure it out.

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2013-06-18 00:20 | Report Abuse

@tsejuie, Basically, I think Iskandar could still be a successful development project with positive growth prospect. Hearing from my Singaporean lecturers,class mates and talents during the networking session, they are looking forward to relocation of manufacturing plants (primarily Singaporean firms) in Iskandar due to abundant land resources availability and low cost of production. Maybe a few years later, you may see some of the famous foreign manufacturers will shift their regional distributors from Singapore to Iskandar given that the security improves, such as Coca-cola, Tiger etc.So far, there are some Singaporean parents send their children to attend colleges (new castle medical school and other international schools) in Iskandar. Prominent and reputable international corporations intend to carry out a variety of investment projects over there. Intuitively, I think Iskandar will be a copy of Shenzhen which emerges as a key economic zone. Therefore, property bubble may not occur. If you have ever been in Iskandar, you can find out that most of the residential properties and industrial factories are almost sold out. While the building of factories and business plants are in progress, it takes time for more and more people to reside in Iskandar. Anyway, my key point is that property stock will be the market's main focus for the next two to three years from now on due to the Barisan's development-oriented policy.

Stock

2013-06-17 18:11 | Report Abuse

Yes, you can say that again. Currently the market focus on "Iskandar-themed" counters. Therefore, it is not surprising that UEMLAND, TROP, TEBRAU etc surged by beyond 10% after the general election. Other property counters are still lagging behind the formers. You have raised a good concern whether Iskandar will take over Klang valley as the business and industrial hub in Malaysia. In my opinion, Klang Valley still plays its crucial role to be the main financial and political centre (Including Putrajaya) centre due to its capital status.On the other hand, Iskandar will be emerged as another business regions that focuses on FDI, expecially Singaporean institutions. Both regions have their strengths. When the government announces the establishment of Iskandar region, the first idea flush throug my mind was it mimicked the Chinese goverment's way of setting up specail economic zone. Anologously, Malaysia looks like the mainland China and Singapore is akin to Hong Kong. Iskandar region is just like the Shenzhen. Both places have deep economic and social ties. Definitely, the land scarcity and population aging in Singapore will provide a good opportunity to Iskandar project. One day, Iskandar will become some where like Shanghai and then Kuala Lumpur will be like Beijing in contrast. However, I see no reason that this will cause any conflict to both regions. I think the government will still pay more concern on Kuala Lumpur regions owing to the sole reason "national capital" status. Plus, Kuala Lumpur has been the centre for all types of activities since the independence. It is pretty hard for all the financial institutions, political agencies and residents to move from Kuala Lumpur to Iskandar. Just ask yourself a simple question, if you now stay in Kuala Lumpur and so do other expats and professionalsm, would you plan to move to Iskandar maybe 5 to 10 years later when the project is done. I guess you will probably not. Not only you do not have this kind of mindset, I believe so do people. In economic sense, once a place has been first developed to be the national key economic region by historical occasion or contigency, then it will still be the key region preferable to most commercial institutions due to its infrstructural convenience (Port Klang, KLIA), source of fund(the most wealthy satys in Klang Valley),pool of professional labour, the location of central government(I think you can still find out more convincing reasons). Development economists call it "economies of scale". Because of all these benefits, Iskandar is still quite hard to surpass Kuala Lumpur. Iskandar is a planned economic region which starts from scratch. Within 10 years, if you were a foreign investor, would you favour Kuala Lumpur or Iskandar. I am sure you have already has the answer. In addition, Malaysia is a federal state although the state government does not possess much more political autonomy that it should have had politically. Kuala Lumpur is reigned by the Central government. Conversely, Iskandar is proposed by the cnetral government but executed and governed by Johore State government. As we know, typically the tax revenue is the source of government's income. If Kuala Lumpur loses its attractiveness to be the business, cultural, transport and political centre, this will certainly lead to negative impact on the icnome source of central goverment. Do you think the central government will be stupid enough to benefit the Johore State government and the SXXXXX (guess yourself). Definitely not. There is so much uncertainty ahead in Iskandar. You shouldn't worry the future of Klang Velley. Even if Iskandar can make a success, Klang Valley still dominates other places to be the most favorable place for FDI and commercial institutions for investment and operation. With such, population will grow and hence the property growth propect remains positive.

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2013-06-17 17:29 | Report Abuse

Shrinking profit primarily resulted by the declining sales could be the challenge for the company's management ahead. Firstly, the government's intension to open up the automobile market in Malaysia will lead to negative impact on locally-produced automobile. As both Perodua and Proton are the major customers to SAPIND, this inevitably influences the earming prospect of SAPIND. The dividend announcement should be amde around these days. If there is no annoucenemnt at all, then the stock price is expected to perform "side-ways" in the following quarter until any positive news is released.