an interview with superlon management by the edge..
http://www.theedgemarkets.com/article/superlon-falling-knife-worth-catching

biz as usual..http://www.panborneo.com.my/2018/07/03/baru-bian-no-decision-yet-on-pan-borneo-highway-review/

but the news was 4days ago..published on 28th..?

Some updates on Pan Borneo progress..
http://www.panborneo.com.my/2018/07/02/pan-borneo-highway-construction-over-one-third-completed/

pan borneo project progress..
http://www.panborneo.com.my/2018/06/20/works-on-bridge-structural-beams-gaining-momentum/

Maybank Research target RM4.10
https://www.thestar.com.my/business/business-news/2018/06/19/maybank-research-positive-on-cahya-mata-sarawak/

Latest buy call from TA, target RM3.80
https://www.theedgemarkets.com/article/cahya-mata-sarawak-gets-analyst-buy-calls-road-contract-extension

another Pan borneo related news..
http://www.panborneo.com.my/2018/06/18/awg-tengah-hopes-ph-will-continue-projects-in-limbang-and-lawas/

some news about Pan Borneo...
http://www.panborneo.com.my/2018/06/18/fadillah-confident-ph-govt-will-not-cancel-pan-borneo-highway-packages/

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5828773

Finally announcement of contract extension for road concession is made..

an article posted by the Edge few hours ago mentioned that sarawak may give its state road concessions via open tender...plus, CMSB has not publish any announcement that they had tendered any road concessions from the state...therefore the selldown as CMSB *may not get the project anymore..

correct, the 3rd mall is the Southkey at Johor...

Ya, for the short term, the 0 GST is more like a 'booster' jab, the "feel-good" cheaper factor is there, it should boost some spending; for longer term, yes we will still need the economy, consumer spending power, etc etc...

actually the QoQ is not so well ya, the material costs and labor costs ate into the profits, need to see the costs are contained first before people will jump in, or jump out...escalation of costs will be disastrous...

Lionind's rev n profit based on report pg8-9, on Steel ops alone,
Revenue increased about 5% Qoq, profit up about 10%.
Including property, b.materials etc, the profit dropped due to property segment recognised losses (refer to pg 8 and 9 for comments).
Of course Lionind has parkson's profit to even out the losses from property segment.

Unlike some steel players their products focus on property use steels so when property industry is not doing well, they will be affected by sales, and maybe margin if fight for sales. Lionind's on the other hand has many types, and the production capacity (which other players have maxed out) to absorb any big projects at a reasonable price, this should bode well with the new govt's direction to save costs on any projects.

found a report in bursa...here
https://eresearchsystem.bursamalaysia.com/eResearch/webdownload.pub?id=20763

I'd think that it is because consumer sentiment is boosted by the drop of GST, as IGBReit's assets are the 2 malls, going to 3, increased consumer spending == more visits to malls?

1 of the things one need to consider when investing in "quiet" and "uncovered" stocks is that, the stock will be relatively little, or no transactions most of the time, as the floating shares are little, and very few, or no research firms have researched on it. Investing in such stocks require homework, and more importantly, patience.

not to mention that the treasury shares can be benefiting the shareholders in either:-
i) if distribute as share dividends, shareholders get free shares
ii) or, if cancel them off, reducing the supply from the market
iii) or, if sell off at higher price, company makes profit, increasing the EPS.

Either way, the shareholders will benefit from this.

Few points in the UOB report that raised some questions and perhaps need to get the facts right before publishing:-

i) "new competition comes from AllianceSteel which could add up 16% to existing capacity"
- China's AllianceSteel will sell to local market? because there were shareholders who attended Lion's AGM has the info that AllianceSteel will do mostly export biz; if they are to allowed to sell locally, then govt will be throwing rocks on their own legs as the steel tariffs against china imports is running currently from 2017-2020.

ii) On china's side of "be left with only 5m tonnes to cut in 2019",
- This has very minimal or none impact as the steel tariffs will go on till 2020 Apr. So even china boost up productions in 2018/19, the tariffs will well guard the local steel millers' interests until 2020.

iii) "the research firm thinks they require huge financial resources and long project payback period in restarting Banting plant"
- According to the feedbacks from Lion's AGM, unlike Antara, the Banting plant has newer machines and has staff to 'maintain' by running it periodically, it won't costs as much.

iv) "Lion Ind ramps up its utilisation rate at its Johor plant, which currently has a 20% utilisation rate"
- According to the Nov 2017 Lion AGM, the plant had a 30+% utilisation rate. UOB report's number was taken last year 2017 but published April 2018?

lately there have been someone collecting few hundred lots everyday, even after UOB turned cautious saying steel players' margin mayb be thinner going forward, are retailers ignoring the advice from UOB, or someone is taking this opportunity to collect?

anyone plan to exercise the warrants? I plan to...save some brokerage fees and grab at 40sens...looks worthwhile..

assuming mother is 0.595, the warrant's exercise price is .40, means the warrants will likely to trade 0.195 or below..?

there will be indirect impact i guess, with China now may export much less Aluminium to the US, they will turn to other countries to export to, eg. Malaysia. I'm not sure if Malaysia has any tariffs on Alu. imports, if there is not, then yes, Alcom will be impacted indirectly.

Nope, management did not mention what costs are those...its in the Report...share price touching 1.51...will climb back to 1.55 to pre-results level??

wonder if JP Morgan's TP 2.1 still valid..

Management indicated that costs to escalate further up...

better QoQ, YoY..., well done Weida!

The remaining board members, other than the offerors lor..

just my thoughts la, if not approved, does that mean it is actually worths much more than RM2.40? or they just cannot reach consensus?

they have until March 6 to respond...if agree to the offer or otherwise..

offer 2.40, now 2.24, nobody wants 7% guaranteed return ?

agree, holding mine as well unless they make less profit and biz going downhills...no need to sell when their biz is growing :)

1st coverage by foreign broker, well done wellcall! :)

better QoQ, better YoY results, higher DPU, but lower share price? Doesn't make sense..

Better QoQ results, but price dropped from 2.x to 1.85? Something wrong?

bad qr results...does this mean tmr price drop uk investors can buy more of heaper prices?

next wk drop kao kao?

next week drop kao kao?

thanks bullmoney~ so the kenanga sellers could be some traders...

kenanga taking profit? saw some at 143 today from Kenanga Investment Bank....

checked back the chart against results, the disappointment results in prev quarter caused the price to drop to 2.1x levels, recent drop to below 2.10 was mainly due to people are afraid this qr (ended 31-Oct) could be worse than July's. But turned out it improved QoQ, by a small margin, i suspect share price should trade back up to 2.1-2.2...

darkstar, do u have the data? want to see what is the % percentage of the drop like...thanks!

just a question, if Jacob cannot acquire 90%, then this deal is Off, right ?

i think some 3.1m was spent on the capex to increase the productivity of the coated fin by mid 2018..total capex allocated for this upgrade is 18m i think..mentioned in the AGM and the annual report earlier..

At a price of 1.08, PE is 9.35x, ROE is 13.47%, traditionally Q4 does sell more. Buy/sell at your own risks.

A news to share, from Bloomberg.:

https://www.bloomberg.com/news/articles/2017-11-15/a-top-asia-fund-manager-says-this-stock-selloff-is-a-time-to-buy

https://www.thestar.com.my/business/business-news/2017/11/11/yeohs-alcom-coup/

The estimated RM1mil expenses (quoted from Cap Repayment circular in May, downloadable from Bursa), will impact the earnings for the FY ended Dec 2017.

謝謝分析:)

For the FYE2017, PANAMY’s revenue have increased by 3% which is mainly due to increase in the sale of Fan products particularly in the export segment.

- Question, anyone knows if the Fan product segment is including its air-conditioners? or just pure Fan based products?