feeling weird...good or bad omen? privatisation news leak out?

@@@@@@@@bid---------------ask
26------5,162,000------1.510------1.520------116,100------10
44------1,702,400------1.500------1.530------198,500------25
73------4,220,000------1.490------1.540------247,500------13
61------2,633,300------1.480------1.550------382,000------23
33------3,631,000------1.470------1.560------661,200------21

now like this......so many queuing to buy...

dia orang mau main apa? 2,283,900 buy at 2.000 then 3,809,000 sell at 1.500...
cakap lah...mau main apa ni??

@@@@@@@@@@@@@@@@@
606,400------1.720----1.100----35,000
1,228,900----1.700----1.200----250,800
16,200--------1.670----1.320----391,900
59,800--------1.660----1.330----2,890,600
196,700------1.640----1.350----52,000
@@@@@@@@@@@@@@@@
lu orang mau main apa?

2,283,900 2.000 1.400 1,853,300
400,000 1.840 1.460 421,700
1,894,200 1.800 1.490 1,192,200
186,500 1.780 1.500 3,809,000
291,500 1.770 1.510 773,400
what is this bid an ask ??? 2.00 vs 1.40?

1 500,000 1.720 1.200 250,800 2
3 1,228,900 1.700 1.320 317,200 1
1 16,200 1.670 1.350 52,000 1
1 59,800 1.660 1.360 1,170,600 3
1 196,700 1.640 1.370 3,734,500 9

what is this bid and ask ???

yyy? y ytl and ytlpower drop like that? just because of the non shariah compliant?
bullet train project or 4A power plant will be awarded to 1MDB? haha... last round of washing?

thanks taciturn :) like this benalec must be RM1.50 above.

http://www.theedgemalaysia.com/business-news/292231-hot-stocks-ytl-aax-padini-fall-after-exclusion-from-shariah-compliant-list.html

The Energy Commission (EC) board has decided to award Project 4A, involving a combined gas turbine plant with a 1,100MW-1,400MW capacity, on a direct negotiation basis.

...last few days said no direct negotition, today said on a direct negotiation...

http://www.thestar.com.my/Business/Business-News/2014/05/29/No-open-tender-for-power-plant/

haha, wb 1.60? nothing impossible!

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=B&securityCode=5258
Good result of eps = 8.27, annualise it become 33 cents,with bimb pice now at rm4.01 only pe 12

Actually, how much yearly eps can benalec earns from the Tanjung Piai project?
I calculate roughly, from the Phase 1 : 1,000 acres, that will take about 5 years to complete.
Selling price of 1000acres = RM 1milion/acres x 1000 acres= 1000million
Annualised it, become 1000mil/5= 200mil
200mil / 808mil share = RM 0.25
Let’s take profit margin of 30%, we EPS = RM 0.25x 30% = RM 0.075
Don’t know this calculation right or not?

piotoy, who eat egg?

frame, you should ask savvyone and tshwong. I just copied the info from bursa report...

yup, coming liao :)

kuah.. either from chart or fundamental, benalec also show bullish sign... why are u so pessimist on this counter?

Extension of the Term-Sheet duration

Spektrum Kukuh Sdn Bhd (“SKSB”), a 70% owned-subsidiary of Tanjung Piai Maritime
Industries Sdn Bhd , had on 12 March 2013 entered into a binding term sheet with The
State Secretary, Johor (Incorporated) (“S.S.I”) and 1MY Strategic Oil Terminal Sdn Bhd
(“the Purchaser”) to undertake the reclamation works and sale of approximately 1,000
acres of land off the coast of Tanjung Piai, Johor Darul Ta’zim (“the land”) for the purpose
of constructing and operating a crude oil and petroleum storage facility together with a
private jetty (“Project”).

(SKSB, S.S.I and the Purchaser are collectively referred to as “the Parties”.)

Further to the announcements made on 12 March 2013, 12 June 2013, 17 June 2013, 11
September 2013,12 December 2013 and 19 March 2014 with regards to the Term Sheet,
the Parties are in the midst of finalising the terms and conditions of the Sale and
Purchase Agreement.

we look into the future, not past earnings

Fibo- 23.6%-->1.10, 38.2%-->1.05, 50% -- > 1.01, so the most is come back to 50%, those average price below 1.00 is safe.
Just waiting 11 Jun 2014, the deadline for the signing of the Tanjung Piai reclamation deal.
Either dive to hell or soar to heaven.

http://www.benalec.com.my/v2/16mar13.html
In an earlier report, Mak had valued Benalec's first phase reclamation project in Tanjung Piai, which is about 809ha at around RM1.4bil.

“Notably, our current valuation only includes the first 809ha at Tanjung Piai. As such, a formalisation of this deal would help narrow the deep discount of 49% that Benalec is trading at versus its sum of parts value of RM2.48,” says Mak.

Does this means the sale of land worth of RM1.4bil will transform into RM1.4bil / 808.4mil share= RM1.73 per share?

rubbish stock like talam also has started to be goreng on rumuors already, i think this kind of craziness won't last long. Waiting for market big correction...

hi baby, pls drop back to my selling price rm3.00, haha

This one already factor in share price.

In accordance with the Investment Agreement, the Company is also proposing to undertake, amongst others, the following:-

(a) the conversion of 1,927,620 Class A Islamic irredeemable convertible preference shares (“ICPS”) of RM0.10 each in PON (“Class A ICPS”) and the 200,000 Class B ICPS of RM0.10 each in PON (“Class B ICPS”) to be acquired by POSB from Intel Capital Corporation pursuant to terms of the Investment Agreement;

result seem not good, forex loss again?

https://www.clsa.com/special/FSI/2014/CLSA-Feng-Shui-Index-2014-(Year-of-the-Horse)-(Chinese-version)-20140122.pdf

look back after quarterly report on end of feb.

Chang21, at the end of snake year? haha

1.20-0.80 =0.40==>50% gain in a year is very good return

Power charging mode

eric, dont panic even it go down to 45cents
Just average down it to 65 if one buy at 85.
and hold it tight!

Year EPS PE13 20.00% 10.00% 5.00% 0.00%
1 2014 34 442 58 14 -8 -30
2 2015 37 486 111 63 39 14
3 2016 41 535 170 116 90 63
4 2017 45 588 234 175 146 116
5 2018 50 647 305 240 207 175
6 2019 55 712 382 311 275 240
7 2020 60 783 468 389 350 311
8 2021 66 861 562 475 432 389

Above shown the year,forecasted BIMB EPS at 10% annual growth, BIMB price(cents),and price of bimb-wa with different premium

PE 25 is calculated based on rolling lat 4 quarter and diluted share of 1.4biliion, without taking consideration of 51% more stake in bank islam, which is not fair calculation

BIMB PE now for 2013 = 4.38/.29=15

Bimb last quarter EPS is 7 cents, where 88% is contributed by 49% stake in bank islam =6 cents

After aquisition of 51% of bank islam,let say profit from bank islam double= 6x2= 12cents

plus the 1 cents from other area= 13 cents

then diluted eps per quarter after 2 for 5 issue = 13x5/7= 9.28, let it be 9 cents per quarter

So next year yearly EPS= 9x 4= 36cents

As for financial year 2013, eps should be = 6.95+6.92+7.07+9(Forecast)= 29.54

haha, I dont know that model

So,let's hold and wait the 50% return for celebrating goat year CNY for those who buy in wa at current level

Predicted future EPS of 2014 = 34 cents,

let PE = 13,BIMB=RM4.42
warrant at 25%premium = 1.25x4.42-4.72=0.805

let PE = 14,BIMB=RM4.76
warrant at 25%premium = 1.25x4.76-4.72=1.23

let PE = 15,BIMB=RM5.10
warrant at 25%premium = 1.25x5.10-4.72=1.65

Ok, let make it more reasonable, premium 25%

since cimb and maybank PE now is around 13, and publicbank around 15,
I give BIMB reasonable PE =14, due to its higher growth rate ,
then, bimb-wa should be RM1.23

Predicted future EPS of 2014 = 34 cents,

let PE = 13,BIMB=RM4.42
warrant at 20%premium = 1.2x4.42-4.72=0.58

let PE = 14,BIMB=RM4.76
warrant at 20%premium = 1.2x4.76-4.72=0.99

let PE = 15,BIMB=RM5.10
warrant at 20%premium = 1.2x5.10-4.72=1.40

________________________________________________

Predicted future EPS of 2015 = 38 cents,

let PE = 13,BIMB=RM4.94
warrant at 10%premium = 1.1x4.94-4.72=0.71

let PE = 14,BIMB=RM5.32
warrant at 10%premium = 1.1x5.32-4.72=1.13

let PE = 15,BIMB=RM5.70
warrant at 10%premium = 1.1x5.70-4.72=1.55

Just conservertive predition, warrant RM1.00 is not a problem if u can keep 1 year

*3Jan2014

We raise our SOP-derived TP for BIMB to MYR5.30 from MYR4.80, on a higher P/BV of 2.2x for Bank Islam (2.1x previously) supported by the Islamic bank’s superior ROEs (14.9% in FY14 versus 14% ex-Public Bank for peers) and faster-than-industry earnings growth (2-year CAGR of 14% vs 9.5% for its peers).→Maybank research 4Jan2014

Icon8888,that is almost a sure target

Maybank revise target price to RM5.30 FROM RM4.80 for BIMB

BIMB HUAT AHHH!!!!!HUAT AHHH!!!!!HUAT AHHH!!!!!
Let's shout it UP togetehr!!!!

Mother strong, son no worry

Last Quater EPS is 6.13 cents, this quarter only 4.42 cents...

Profit no end for MATRIX
Ride the profit till endless :)

who is so greed? 2.30 also eat, wait 2.20 lah...

Hmm...I smell something.....