Old man koon's avg price 0.35-0.4 make sure youre faster

U better dont open your mouth la. I mentioned almost 100% fully subscribed (and which you then proceeded to prove for yourself)

In fact, OR will actually be fully subscribed independent of any retailers or 'sharks', because KWAP has said they will undertake to fully subscribe to their portion. That alone is enough

The ordinary rights subscription will be close to 100% subscribed by PNB + STSB + Joint Underwriters based on the agreed undertakings - subscription is not dependent on retailers nor any 'sharks'

After today oldman koon is a substantial shareholder

MBMR - 20% stake in Perodua new Aruz Deras and Myvi

UMW - new Toyota godcar

Pecca - new Perodua, new Toyota, Nissan (who knows when Proton X70 CKD's in Tanjung Malim...) comes with free 100 mil net cash and 7% dividend yield

Sector de-rating coming la, jump off the cliff ka sozai

Purchase the mother share not the OR, let the banks underwrite, because screw banks trololo

The breakdown is as below, kindly edit as necessary

1) 20580 shares @ RM0.29 = RM 5968.20

2) Subscribe for 34300 rights @ RM0.31 with 5 free warrants = RM 10633.00

3) Subscribe for 8232 RCPS-i @ RM0.41 = RM 3375.12

Total = RM 19976.32

In alphabetical order, equally weighted: Pecca, Puncak, RGB, Sapura (to subscribe for all rights issues of shares and RCPS-i), SLP

Buying RGB means buying into south east asia (Cambodia, Laos, Myanmar, Philippines) which will be the highest growth region globally in the next few years

Its cumming

In plastics we trust

https://www.thestar.com.my/business/business-news/2018/12/10/rgb-sees-higher-profit-on-gaming-machines-sales/

1. Vietnam IPP construction profits are not real (and there is a very elegant and simple explanation for this...)

2. Then using the not real IPP profits and assigning a multiple (based on sector averages etc) is misleading

Jan 1, 2020 self award a contract RM1 bil with 50% margins to be completed Dec 31, 2020, net profit RM500 mil for FY2020, so equity value at PE 10 is RM 5 billion?

When the profits are 'accounting profits'? And even if you take it as 'real' they are one-off (power plant constructions are not part of Jaks normal business; and if you think Jaks is able to procure another IPP (let alone finance it - look at the gearing and the cash calls lol), well just that one and its sinking like the titanic...)

Then again, even the two analysts covering Jaks are doing the same idiotic thing lol (with access to management some more) all that reading and studying and theory is useless if you do not have the raw iq

And all this without even touching on the actual vietnam IPP's discounted cashflows...

Profits attributable to Jaks 30% vietnam IPP is USD $ 20-25 mil per year. In 2020 a mere two years, all will be able to see for yourselves

Old man icon, you sialang youre going to lose your pants

Auditors really are second grade students

Lets see how far the rabbit hole goes...

Old man Koon Yew Yin, IRR 12% is to equity, is it not

Vietnam IPP construction 'profits' are merely accounting profits, not real profits, are they

Youre pro or youre a noob, thats life

Boooooom

The way it works is this:-

Buyer pays 20%, Investor pays 80%, property is worth RM100k, Investor is guaranteed 5% (simple, not compounded - ie RM4000 per year)

On the 5th year, property price is exactly RM80k

Buyer loses all his 'deposit' of RM20k.

Investor does not lose anything and in fact enjoys the 'guaranteed' the 5% (gets RM100k after 5 years having paid RM80k initially and getting RM20k returns [RM4000*5 years]) while still being left with the RM80k property)

As you can see, the 'capital guarantee' is capped at 20%, more than that and the Investor will also lose (hence the disclaimer on the website)

There are no other casino operators in the world that trade at book value free money

A casino operator at close to book value damnnn son

Gotta love the foreign funds trolololo

Typo, it's SSM - sales and marketing of their slot machines. Their TSM segment / concession ie cash cow does not have operations in MY

There is...indirect effect. The question is how much of TSM divisions sales are in MY, then to figure out how much of it will impact the bottomline

Xi and mighty China will pump their economy the Chinese will travel to Philippines and Cambodia and when they do what do you think they'll do gambleeeee pull the slot machines jackpottt

All gaming companies flyinggg good times ppl gamble bad times ppl gamble moarrr

Lets gambleeeee

wc lagging

Bought moreee deathhh chargeee

US Crude PRODUCTION =/= US Crude INVENTORIES

Total world crude consumption is approx. 100mil bpd and it is 'balanced'

US crude production is approx 11mil bpd in Oct 2018 from approx. 10.7mil bpd in June 2018 - increase of only 300kbpd.

So the most recent increase in US crude INVENTORIES (6.5mil barrels) is due to US crude:

1. Not being refined due to US refinery maintenance/shutdown in Gulf Coast and Mid-Con - October is peak maintenence (utilisation over 95+% to below 90%) - US refineries have a capacity of 18-19mil bpd of crude so even a 5% drop in utilisation rates means that approx. 1mil bpd less of crude oil is being refined

2. drop in US crude exports (China imported nothing from 300K+ bpd previously before 'tariff war')

3. bottlenecks in the crude pipelines (trucks and rail are expensive...)

4. US refinery mix not suited to WTI / light sweet crude (especially shale oil) etc

Is There Too Much Light Crude On The Market?

https://oilprice.com/Energy/Energy-General/Is-There-Too-Much-Light-Crude-On-The-Market.html


WTI is meaningless

SKIN renegotiate ka. Cut by how much? Same as LRT3 means by 50%...

The world may crash and burn, but Brent shall forever burn bright

Next stop RM 1.50 lorrr

lohsifu valuelurker Brent USD$ 90 cominggggg
19/10/2018 16:47

Brent just hit 80 USD, don't so kancheong la.

I thought really hit 90 just. Ceh


Change your name to sifutloh and go back to the hole from where you crawled out peasant

Brent USD$ 90 cominggggg

Ok I queue at 1.05! Monday .735!

First construction, now 'tech', next what sector to get hit hmmmm...

OCTOBER 18, 2018 / 10:41 AM / UPDATED 4 HOURS AGO
Trump says Saudi journalist likely dead; Turkey searches for remains
Jeff Mason, Orhan Coskun

WASHINGTON/ANKARA (Reuters) - President Donald Trump said on Thursday he presumes missing Saudi journalist Jamal Khashoggi is dead and that the U.S. response to Saudi Arabia will likely be “very severe” but that he still wanted to get to the bottom of what exactly happened.

https://www.reuters.com/article/us-saudi-politics-dissident-search/turkish-investigators-leave-saudi-consulate-in-istanbul-witness-idUSKCN1MS08Q

Send the entire fleet of US warships and the airforce and the drones and the army the world may crash and burn but the US has shale and large strategic petroleum reserves who cares if crude goes to USD $ 200!!! Isnt that right supreme commander of the universe Donald Duck Trumppp

Well at least you dont see insider trading / leaks like in gamuda or mrcb before the announcement.....

Have faith, the day of reckoning is near

The world may crash and burn (equity markets, bonds, other commodities etc), but Brent crude oil, that most vital cog in the global economy, a necessity of life and all which you hold dear, one that keeps you warm at night, the one and only true safe haven left in this mad, mad world shall forever burn bright!

I see in your eyes the same fear that would take the heart of me. A day may come when the courage of men fails, when we forsake our friends and break all bonds of fellowship. But it is not this day. An hour of wolves and shattered shields when the age of Men comes crashing down. But it is not this day! This day we fight!

BRENTTT FIGHTTTTT

HOLD THE LINEEEEE!!!

1. US refineries (Gulf Coast) are largely not suited to process that much light sweet crude AND they are currently in maintenance season - summer June - Aug is peak utilisation and 'running close to 100%' - https://oilprice.com/Energy/Energy-General/Is-This-As-Good-As-It-Gets-For-US-Refiners.html

2. There are persistent bottlenecks for transporting crude to ports (and whatever pipelines are running at max capacity)

3. The ports (Gulf Coast) cannot handle VLCC's (very large crude carriers - 2 million barrels) - while Louisiana Port LOOP, which can, was closed

4. China (whose imports of crude were 300k bpd before the 'tariff wars' have dropped to zero (300k * 7 days = that alone would contribute to 2+ million barrels per week in added inventory). US export recently hit 2.2 million bpd - the latest report put it at 1.8 million bpd (drop of 400k bpd...)

5. For simplicity, look at crude as having only two grades WTI (US benchmark) and Brent (global benchmark) - with Iran sanctions (reduce Brent supply and tightening the market) and China imports of WTI to zero (theyre going to have to replace it with guess what, Brent) - where do you think that demand for crude is going to.....

6. Hence you see the WTI-Brent spread going from US$ 9.xx to now US$ 10.2X atm, indicating WTI demand is weak and the inventory numbers dont mean much (who cares if WTI inventory goes up 1 trillion barrels if it cannot reach the market in an already 'balanced' (skewed towards tight) crude market)

Last chance to buy cheap before Iran sanctions are imposed (the last time that happened, it was imposed in 2012 and lifted in 2016, that's years of 3mil bpd of Iranian crude going offline

The world may crash and burn, but crude shall forever burn bright!

Last chance to buy cheap before the surgeeee

Faster break 1.30 la 8 million units small change RM 2 coming two more weeks and sanctions will be imposed who cares about EIA WTI crude inventories is expected to increase due to refinery shutdown, bottlenecks, lower exports etc

Buy and hold. As the saying goes'the best things come to those who wait'

API crude inventory expected to increase, who cares. Iran latest Oct export data continues to drop to 1.3mil from 1.6mil bpd in Sept