103B was proposed under Finance bill 2020 which means this nice little provision is Zafrul's baby

https://rdslawpartners.com/highlights-of-the-finance-bill-2020/

Yes! then they can form a sort of a watch group. a watchdog group if you will. What should they call it? the minority shareholders watchdog group? Oops that name is already taken https://www.mswg.org.my/

@FakeVaccines ok buddy

what's a "dividence"?

@UnclePho, VT only sold 70mil, not 140mil. There are 2 disclosures because 1 disclosure is as a director, and 1 is as a sub shareholder.

if you buy the loan stock BJCORP-LD (currently only trading half a sen more exp than the mother share) you'll get a 2.5 sen interest payment in March (another 2.5sen in Oct) trnaslating to an annual yield of 17%... AND it'll convert to the mother share upon maturity to think about that.

@greenhorny you forgot your "."

potential for arbitrage. mother share is trading at 22 sen, this should be at 26-27 (after 5 sen interest payment, payable on 31 march)

@maya1301 ok buddy

only 50? make it 75

https://www.freemalaysiatoday.com/category/nation/2021/03/06/no-extra-bundles-of-joy-despite-the-vaccine/

yes, its a sh*t counter.

I was half expecting to see Stanley Thai's name in this writeup.

https://en.wikipedia.org/wiki/Body_odor

@FCM100 could be a seasonal thing affecting the timing of their log harvesting. Jan'20 log volume was 3,003 m3 which means Jan'21 production is actually 16% higher

sadly, lacking volume

https://www.theedgemarkets.com/article/guan-chong-undeterred-softer-demand-chocolate

betul ke ni
https://themalaysianreserve.com/2021/02/08/widad-group-boasts-optimism-on-oral-covid-19-vaccine-tablet/

@YJInvest - thanks for pointing that out. I was wondering why i don't see any more blog posts IN ALL CAPS

https://www.klsescreener.com/v2/news/view/782367/sarawak-plywood-exports-up

Japan significantly raised its plywood imports from Malaysia to 62,400 cubic m in October, which is an increase of 20,200 cubic m or 47.5% from 42,200 cubic m in the previous month,” said ITTO - major market for Ta Ann

@bhtay23 Yes! All you have to do is click on the stock, followed by "Buy", enter the number of units...

@kens88 there isn't. its just a salty old man

an erection for election

if you truly truly believe that BAT can reach that kind of valuation in a tobacco market that is declining not just due to illicit cigarettes but due to better awareness of the dangers of smoking

https://ourworldindata.org/smoking#smoking-rates-are-falling-in-almost-all-countries

then i hope you max out your margin finance and bet your house on BAT because you're going to be a rich, rich person.

I will check back on this in a year's time 31/12/2021 and lets see how correct you are ok?

And i quote from Bursa's website:

Selection of FTSE Bursa Malaysia KLCI Constituents
The FTSE Bursa Malaysia KLCI comprises the largest 30 companies listed on the Main Board by full market capitalisation that meet the eligibility requirements of the FTSE Bursa Malaysia Ground Rules.

BAT market cap is RM4.0bn, smallest counter on the KLCI is sime darby with a market cap of RM15.85bn - are you suggesting BAT is going to rise fourfold? Biar betul man

@john666 that was the funniest shit ever

break wind

respect is earned. KYY just being a salty old man whenever his picks don't go his way

oops sorry, typo earlier. Loan Stock is not redeemable - auto convert into Mother Share. but the rest of my underlying points remain.

Aiya, if you want to own BCorp exposure, better to buy up the loan stock (LD) instead.

Trading at a 4 sen premium (23sen) to Mother Share (19sen) but paying 2.5 sen dividend per loan stock in April and October'21 thereafter it will be converted into mother shares of BCorp (because BCorp won't have enough cash to retire RM700mil in loan stock).

And you know it won't default because VT himself owns 30% of the outstanding loan stock (check the most recent Annual Report)

@sten_still - UMW holds a 38% stake whereas MBM holds a 20% stake in Perodua malaysia

i read this as "SC should investigate whoever disagrees with my price target" - KYY.
C'mon la uncle koon this is Dayang all over again.

today baru boleh kata spiking...

tough quarter for all poultry players

buy stupid counter win stupid prizes

public bank always has a hardon for this stock - 18x P/E valuation! for such a thinly traded counter!!

lets take their TP with a pinch of salt la, RM2.80 (their valuation in 2019) also considered quite good already

itu daYA, ini daYANG.

bad news afoot
https://www.malaymail.com/news/malaysia/2020/11/17/ministry-mco-saw-malaysias-egg-prices-drop-by-38pc-amid-increased-chicken-f/1923345

Palm oi!

based on current EPS of 2.93 per share (annualized 11.7 per share), 15x P/E = RM1.76; 20x P/E = RM2.34. Now that Kenny Rogers Roasters is no longer bleeding so badly, possible for BJFOOD to repeat its 1Q21 performance for the rest of the year. Stronger ringgit also helps its bottom line as coffee beans (main COGS and imported in USD) are now cheaper.

@wehcant - it leaves you satisfied?

public bank is not fully taking into account the impact of the arbitration award so their RM0.41 price target is laughable.

the only way EA can meet the claim sum is via issuance of new shares which will dilute the existing shareholders like hell.

excellent 1Q2021 results

oil price moves don't make much of a difference to Armada. It is an asset owner - what it earns per FPSO (80% of its biz) is fixed based on the charter contract. The only area which should be sensitive to crude oil prices is the OSV charters (remaining 20% of biz). Most OSV charters are on spot or short term basis where rates will rise and fall with crude oil biz.

For FPSO biz you should only be concerned about the credit risk impact i.e. if oil prices are too low such that the FPSO charterers are losing money and may affect their ability to pay fixed the charter rates.

@Alfonso ok boss. i send you the invoice next week

*whose not who's

and Dayang's ship sank. https://www.nst.com.my/news/nation/2020/10/635807/mv-dayang-topaz-capsize-death-toll-rises-two

kimchi shortage will translate to palm oil shortage? that is a severe leap in logic

its commodity price-driven. When caustic soda prices are as weak as they've been for the past 2 years, whatever management also cannot do miracles. Caustic soda prices were trading at USD500/MT back in 2017, now only USD230/MT. Don't lose money already considered fantastic.

At the end of the day, this is still a PNB-owned stock. So you know you're money's safe, and you will get a dividend lo.

https://www.insage.com.my/ir/cmn/loadpdf.aspx?sCompanyCode=CCM&sFileName=19210000033112

a corporate overview of CCM