warchest

warchest | Joined since 2015-04-23

Investing Experience Advanced
Risk Profile Moderate

i'm nibbling now because of its value

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Stock

2021-05-31 11:01 | Report Abuse

But the good thing is unlike Serba Dinamik which requested to change from KPMG to BDO, the Company has changed its auditor from RSM to Deloitte. This has built credibility to its financial reports.

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2021-05-31 01:04 | Report Abuse

We are talking the prices of properties in developed country. Is very impressive for a developed nation to show such an impressive growth

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2021-05-31 01:02 | Report Abuse

In comparison of Malaysia, property transactions is on decreasing trend. In year 2019, 328 k was transacted and it dropped to less than 250 k in year 2020. Bear in mind, UK population is only double Malaysia but the property transactions is 6 times higher. And UK properties are not cheap

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2021-05-31 00:53 | Report Abuse

In Jan 21, residential property transactions increased to 121k. If annualised will close to 1.5 million. As a matter of fact, Jan 21 transactions was 24% higher than Jan 20

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2021-05-30 09:56 | Report Abuse

The good thing is their business is not affected by FMCO but instead it is booming in UK and Aus, where they started to reopen the economy

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2021-05-27 09:36 | Report Abuse

Need to be patient. Below 40 should be a nice entry. What missing in the equation is the Myanmar's impact. Current price hasn't taken into account the full brunt of impact from Myanmar's coup. Is getting serious

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2021-05-26 22:58 | Report Abuse

Consolidation mode since 21 March 21. Already 2 months. Anytime soon, it will breach to next level of 60. Just do a dollar averaging and you be fine

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2021-05-24 21:00 | Report Abuse

Is a value investing. Brainless buy at current price.

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2021-05-23 16:27 | Report Abuse

Tony Fernandes is lucky that he got AA during the start the boom of global travel. Since than he did a lot bad mistakes - overly expanded into silly routes (i.e. high demand but at the same time cut-throat competition), adding all the non-core businesses, regularly paying dividends which is unusual for high capex industries, concentrate too much on marketing effort than understanding consumers needs. Is very hard to invest in a business that you cannot control its revenue and costs like Air Asia. His golden time is all over and not because of Covid but Covid is just the last nail in the coffin

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2021-05-13 07:42 | Report Abuse

Essentially, there is no change of ownership of the 27% equity stake. It is always owned by GLL EWI (HK) Limited and continued to do so. The change was the holding companies of GLL EWI, HL Holdings Sdn Bhd and Hong Leong Company (Malaysia) Berhad ceased to have "indirect" equity stake in EWINT due to internal restructuring exercise of Hong Leong Group.

However, it is still indirectly owned by Guoco Group Limited, Tan Sri' Quek Leng Chan, Kwek Leng Beng and their related companies.

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2021-05-12 19:44 | Report Abuse

Even the Edge issued an apology statement on this

(The previous version of this article reported that Hong Leong Group had ceased to be a substantial shareholder of EWI. We regret the error.)

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2021-05-12 19:43 | Report Abuse

Nothing to be concerned of. Just an internal restructuring exercising involving Hong Leong Group. The stake is still owned by related company of Hong Leong Group

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2021-05-09 14:41 | Report Abuse

Next week is gonna test its 52 weeks high of 61.5

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2021-05-05 18:03 | Report Abuse

Confirmation of uptrend

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2021-05-01 22:43 | Report Abuse

The MOBE will outline the collaboration where both parties shall be working closely, including engaging relevant stakeholders and understanding regulations and specific market requirements. It will also identify potential opportunities where UEM Edgenta can demonstrate and offer its solutions and capabilities with a view of establishing a commercial structure should the opportunity arise before the end of December 2021.”

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2021-04-29 11:58 | Report Abuse

Business is back to normal for edgenta. It will slowly back to its pre-Covid results

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2021-04-29 11:57 | Report Abuse

It is on uptrend. Slow but definitely

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2021-04-25 23:15 | Report Abuse

Is gonna break its immediate support of 1.87 and than above 2 soon. Stay tune!

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2021-04-21 15:08 | Report Abuse

Nothing special. Was a very short meeting with summarised Q&A session. I hope they can answer every question like EcoWorld International. But they understand the concerns on receivables and will improve on it. Hope to see more good news going forward

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2021-04-20 20:59 | Report Abuse

AGM is tomorrow at 8.30 am. Please pose questions to be raised during the AGM

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2021-04-13 09:25 | Report Abuse

Nothing will stop EWINT from doing well years to come. Wind of fortune is flying towards this baby

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2021-04-08 07:25 | Report Abuse

Resistance level at 57.5, than creep up to 65 :)

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2021-04-05 08:53 | Report Abuse

We should not underestimate the impact of Myanmar's military coup. Petronas already announce force majeure. Next, maybe the case for OCK. For people that understand OCK, Myanmar is the single largest investment by OCK with USD75 mil (RM311 million), almost 60% of OCK market cap. Also, in terms of EBiTDA, Myanmar contributing 45% of OCK's EBITDA. That's significant

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2021-04-04 16:37 | Report Abuse

Thematic play is just temporary. What set it afloat is the fundamentals..it could be scathed.

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2021-04-04 16:36 | Report Abuse

Even Petronas also declares force majeure. Malaysian companies operating in Myanmar has an issue now. Coming results are just the confirmation with possible impairment of receivables


https://www.thestar.com.my/business/business-news/2021/04/03/malaysia039s-petronas-declares-force-majeure-at-myanmar-gas-field

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2021-03-29 21:48 | Report Abuse

Everyone is looking into the following quarters. Once the trade receivables are converted into cash, than it will build lots of credibility in the Company

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2021-03-29 21:46 | Report Abuse

They going to appoint Deloitte as the auditor of ARB. It is going to give credibility to its audited accounts

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2021-03-29 10:40 | Report Abuse

Boring counter, even with catalysts it can go up much. See the chart for the last 3 years. Range bound between 45-55. The only way to make money is buy when it is around 45 and than sell around 53-54. In fact now, it is facing issue with Myanmar, its 45% contributor of EBITDA

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2021-03-29 08:43 | Report Abuse

No worries, is all good for ARB

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2021-03-25 17:49 | Report Abuse

Commendable results and maiden dividend :)

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2021-03-25 09:48 | Report Abuse

Yesterday was a hammer formation sits at the support level of 55. Today is the confirmation of next uptrend

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2021-03-22 23:08 | Report Abuse

Not exactly true as it hasn't taking account of few billion of recognised cash in JV entities mainly in Ballymore. Strong GBP meaning there going to be more RM to be remitted to EWINT.

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2021-03-21 23:42 | Report Abuse

He has collectively more than 300 million PA. He is converting them now to give him a controlling stake in the Company. Stay tune

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2021-03-20 08:51 | Report Abuse

Bullish. From bearish to rebound chart formation. Big players are accumulating. Counters like this can be like Aeon, once uptrend it can go up for many days