Pakai otak thinklah.....this kon tipu mike loh!

Trade receivable & other receivable Rm 63m......Turnover Rm 1188m....that means cash collection cycle only 19 days only lah.....for TSH loh!

Where got 1 yr collection period leh ?
Average collection period very healthy which only 19 days loh....very logical mah....bcos dealing with commodities CPO loh!

Posted by Mikecyc > 3 hours ago | Report Abuse

Haha refer to FY Annual Report … Kon stockraider …

Lousy arguement loh!
The plantiff has a choice to rely on defendant guarantee mah!

Posted by Mabel > 1 minute ago | Report Abuse

DK also filed a counterclaim against Pernas, saying Pernas could have sold the shares it owned earlier to mitigate its losses but failed to do so due to its own negligence, which resulted in higher losses.

He claimed this showed Pernas was negligent in handling its investment and had not considered the rights of the defendants. As such, he wanted Pernas to compensate him for general and aggravated damages, as well as costs.

This story is like the Story of the Mongs...lose money blame everyone but themselves..

Meow

Do not bluff lah!

Selling commodities CPO where got credit term more than 12 mths leh ??

U R the biggest bull shitterr of the YEAR LOH!

U see Petrol co enjoying Crack Spread of USD 20 previously, surely if suddenly crack spread fall back to USD 4 to 8 will cause some downward adjustment in term of operations mah!

For June...Petrol co will enjoy good result loh!

But 3rd QTR result will not be so bullish mah!

Mkt already anticipating this loh!

U see Petrol co enjoying Crack Spread of USD 20 previously, surely if suddenly crack spread fall back to USD 4 to 8 will cause some downward adjustment in term of operations mah!

For June...Petrol co will enjoy good result loh!

But 3rd QTR result will not be so bullish mah!

Mkt already anticipating this loh!

China will win with min lost of materials & men, if they employed the slow tactics loh!

1. Do not invade the main island of Taiwan but do it slowly loh!
2. Blockade Taiwan.....once a while whenever china feel like it mah!
3. Every year....takeover or annexed the Taiwan owned islands nearby china....once a while during blockade loh!
4. Spend big budget on hypersonic missiles & drones plus nuclear bombs loh!
5. If USA & its allies armies come to interfere, just sank its aircraft carriers with hypersonic missiles mah!
6. Build up China forces.....but only to launch all out attack in 6 to 12 yrs time....when china achieve very big superiority loh!
7. Meanwhile invites Taiwan for peace talk....base on 1 country 2 system approach & appeal to the taiwanese populations to support in order to avoid war mah!

Most got kon loh!

Can accumulate below 5 sen loh!

Good Rebound of crack spread from USD 6 to USD 8, but this may not excite potential investors, bcos most investors had been being seeing Crack spread USD 15 to USD 30 previously mah!

Good Rebound of crack spread from USD 6 to USD 8, but this may not excite potential investors, bcos most investors had been being seeing Crack spread USD 15 to USD 30 previously mah!

A word of caution loh!
Election is around the corner mah!

Thus a potential change of Govt may get the deal derailed loh!
Even if BN wins, the new PM may not be Ismai Sabri, the new PM may have other thoughts to favor its cronies mah!

Thus quite risky even, if Litrak & Gamuda shareholders already approved the deal, furthermore the profit margin is not that high loh!

But the risk of failure is very high loh!

The problem of the majority of steel companies are they speculate in their steel inventories loh!
Meaning that they invest more than necessary on their steel inventories loh!

Only 2 companies do not, do that namely choobee & csc.....these 2 are cash rich mah!

So their earnings are of better quality loh!
Posted by kcchongnz > 2 weeks ago | Report Abuse


Posted by anthonytkh > 1 day ago | Report Abuse
Steel counters own considerable assets that they can monetise without actually losing any revenue by disposing them to raise much needed cash to pare down their large borrowings (which has gotten more expensive and likely even more by year’s end due to rising interest rates) but they steadfastly refused, or declined to use a more diplomatic word, after I approached a number of the companies for such a fund raising exercised based on my proposals. I wish them well. I own free shares in one of the companies mentioned by the article author

Thanks for your excellent comment. You know the industry well, better than me. I presume the fixed asset you mentioned is the property, and not plant and equipment which won't fetch much money on sales.

Take Leon Futt as an example. its business has been sucking cash. Last 5 years, there was a total outflow of RM286m. How much the company has in land and property to sell without hurting its core business, and than do what later?

Besides, many steel companies also got large amount of total debts of about RM400m.

HLB potential merger candidates are;

1. Pbank
2. Rhbank
3. Ambank
4. Alliance bank
5. Affinbank
6. Mbsb

Now above Rm 4,000 better margin mah!

Why suddenly crack spread drop back so low to USD 4 to USD 6 level leh ?

Why suddenly crack spread drop back so low to USD 4 to USD 6 level leh ?

Vt already rectified by selling some bjland mah!
Posted by Sslee > 6 days ago | Report Abuse

Sooner or later VT need to rectify bjland public holding spread of min 20%

Go for it loh!

Can buy mah!

Go for it loh!

Very strong yield!

Very defensive mah!

Should like that lah!

Based on projected time that special will paid out to shareholders by end of these year, the estimated timeframe is

1. Payment date: Oct- Nov
2. Ex dividend date: Sept-Oct
3. Announced dividend date : Aug-sept
4. Bank Negara approval date: Aug
5. Affin board of director proposed special dividend date : Aug

We important mah!

Insas give u the defensive value of deep margin of safety whereas Bplant give u high earnings and high dividend yield loh!

This best mutual beneficial complementary investment combination mah!

Lu tau boh ?

We important mah!

Insas give u the defensive value of deep margin of safety whereas Bplant give u high earnings and high dividend yield loh!

This best mutual beneficial complementary investment combination mah!

Lu tau boh ?

Only soohchais like Leno retire at 30s loh!

As long as u can make money....continue working mah!

It is healthy loh!

Still cheap mah!

TP is Rm 9.00 mah!

PH with 85 seats can always support Ismail Sabri....to be PM until end of the yr, even if PN pullout mah!

U all are too optimistics on Bplant div payout loh!

If Bplant intend to maintain sustainable div every qtr, the 2nd qtr div should not be above 3.5 sen for long term affordability to pay loh!

The war for reunification is inevitable mah!

China is hoping not to fight the war over the next 10 yrs....hoping some peaceful means of reunification can be achieved loh!
But if cannot be done....then war ....to achieve its aim will be likely loh!

The USA action...recently had narrow down the timeline....from 10 yrs....to lightly not more than 5 yrs b4 decisive action is taken mah!

The war for reunification is inevitable mah!

China is hoping not to fight the war over the next 10 yrs....hoping some peaceful means of reunification can be achieved loh!
But if cannot be done....then war ....to achieve its aim will be likely loh!

The USA action...recently had narrow down the timeline....from 10 yrs....to lightly not more than 5 yrs b4 decisive action is taken mah!

The war for reunification is inevitable mah!

China is hoping not to fight the war over the next 10 yrs....hoping some peaceful means of reunification can be achieved loh!
But if cannot be done....then war ....to achieve its aim will be likely loh!

The USA action...recently had narrow down the timeline....from 10 yrs....to lightly not more than 5 yrs b4 decisive action is taken mah!

Steady collection loh!

Tech recovery play mah!

Go go go loh!

Property tax is a rubbish policy loh!

Suppose u own...a USA 50m mansion.....u need to pay property tax of 2% or USD 1m every year mah!

Even if u leave it empty....the property tax will kill u loh!

Once special div out info is out...this share will fly loh!

While cheap ..Buy hold now mah!

Something is brewing here loh!

Good value investment plus good div this maybank mah!

I think coming 2nd qtr div is around 3.5 sen loh!

Rubbish lah!

We should follow on order make mah!

Suppose The british granted us independence more than 60 yrs ago approved by UN, now countries like Indonesia, Phillipine, Thailand say to hell with the agreement loh!...they will not honor the Msia Independence & they will want to claim back part of msia, can or not leh ?

That will be Chaos if people do not fellow rule of law mah!

That will be war mah!

What msia need to do....now is to fight the court case ....by appealing legally loh!

If the final court decide to pay USD 15b.....then msia need to pay loh!

Hopefully...Msia no need to pay so much loh!

Usually bad mah!

Unless proven otherwise loh!

Negative cashflow usually not so good mah!

Bcos less cash and more borrowing mah!

This is not a matter of u trust or no trust loh!

If they can enforced the court decisions, u r screwed mah!

Posted by qqq3333 > 3 minutes ago | Report Abuse

I don't trust the white men / and the french court................. they talk law but with intention to eat your dinner.

Correct loh....Najib , Muhhidin & Ismail should mainly be blame loh!

Yes Mahathir should be partly to be blame too mah!

But then, people like muhhidin & Ismail should quickly addressed the issue mah!

This show the ketuanan elite leaders are useless, they just want to politicking, in order to score points instead of taking care of the country well being loh!

Remember this loh!

Whether Sabah is own by brunai or sulus....the conclusion is the same for msia mah!

The fact that the British has an agreement with the Sulus....and everything is fine with the agreement until Msia refuse to pay the rental....means the british has done it right & valid mah!

The najib govt blow it mah!

Right now....the damages of USD 15b already establish....the question how could msia govt mitigate the situation leh ??

Msia only pays nominal Rm 6k per annum.....now the Court says msia need to pays usd 15b ...for termination of contract for none payment of rental loh!

Whether berunai govt, or philipine govt or sulus own sabah....it is immaterial....bcos the court conclude if msia willing to pay USD 15b....everything will be settled mah!

Of course msia refuse to pay such a staggering sum loh!

The question....is how much should msia govt pays loh!

This is to be decided by the court during the appeal loh!

Lu tau boh ?

Remember this loh!

Whether Sabah is own by brunai or sulus....the conclusion is the same for msia mah!

The fact that the British has an agreement with the Sulus....and everything is fine with the agreement until Msia refuse to pay the rental....means the british has done it right & valid mah!

The najib govt blow it mah!

Right now....the damages of USD 15b already establish....the question how could msia govt mitigate the situation leh ??

Msia only pays nominal Rm 6k per annum.....now the Court says msia need to pays usd 15b ...for termination of contract for none payment of rental loh!

Whether berunai govt, or philipine govt or sulus own sabah....it is immaterial....bcos the court conclude if msia willing to pay USD 15b....everything will be settled mah!

Of course msia refuse to pay such a staggering sum loh!

The question....is how much should msia govt pays loh!

This is to be decided by the court during the appeal loh!

Lu tau boh ?

Those do not want to attend further study are the smart one mah!

The issue elite govt MPS & cabinets members simply increase their pays without looking at plight of the public suffering loh...!

That is the basis of the protest mah!

Correctloh...!
Why study leh ??

U do grab delivery, grab driver or lalamove or food panda....u can earn more than Rm 4k net a month easily.

Now suppose u go & study for another 5 to 6 yrs....after u graduate how much u earn leh ?
Less than Rm 3k per mth loh!

That is u count yourself lucky for securing a job after graduate loh!

It is clear study further cannot improve your economic well being....it will result in you will be laden with study debts & wasted your time loh!

Get the facts right mah!

The british rent sabah from the sulus mah!

As long as the rent are paid.....the sulus cannot intervene with sabah loh!

But year 2012, msia govt under najib, refuse to pay rental....thus the contract of perpetuity is claimed terminated loh!

So the sulus sue msia & won USD 15B mah!
But this is a private litigation, no sovereign issue is involve loh!

As long as msia, willing to settle USD 15B for sabah issue to the sulus or philipines there will be no issue loh!

Of course msia is not willing to pay this huge sum....thus msia govt appealing loh!

The issue is how much is the quantum of damages msia govt must pay loh!

It all rest with the appealed court outcome loh!

Lu tau boh ?

Get the facts right mah!

The british rent sabah from the sulus mah!

As long as the rent are paid.....the sulus cannot intervene with sabah loh!

But year 2012, msia govt under najib, refuse to pay rental....thus the contract of perpetuity is claimed terminated loh!

So the sulus sue msia & won USD 15B mah!
But this is a private litigation, no sovereign issue is involve loh!

As long as msia, willing to settle USD 15B for sabah issue to the sulus or philipines there will be no issue loh!

Of course msia is not willing to pay this huge sum....thus msia govt appealing loh!

The issue is how much is the quantum of damages msia govt must pay loh!

It all rest with the appealed court outcome loh!

Lu tau boh ?

The true culprit is najib mah!
He had refuse to pay the yearly lease of Rm 6k since 2012, that even the british traditionally paid to the Sulu king mah!

Correctloh....the high delivery of hand held stinger missiles will pose a big problem to European air travel safety mah!

Eventually this will get into the hands of terrorist loh!