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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User Comments
Stock

2018-03-31 15:58 | Report Abuse

Already up 29.5 to 50 plus cents. Already 100%

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2018-03-31 15:58 | Report Abuse

Next week will go down. Buy on rumour and sell on news

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2018-03-30 23:20 | Report Abuse

Stock market all about future, no historical. The results announced yesterday was 2 months ago results. Future maybe different. Current share price already telling you about less robust results

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2018-03-30 16:47 | Report Abuse

Iwc lousy counter. Without ekovest deal. Fair value 97

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2018-03-29 15:36 | Report Abuse

If IWC to be taken private. LKH wants it to be as low as possible

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2018-03-29 15:35 | Report Abuse

Greenland will default. IWC will carry the only potentials but not immediate catalysts

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2018-03-28 18:39 | Report Abuse

Tomorrow grilllllll those independent directors

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2018-03-28 15:50 | Report Abuse

Warchest is back ! and Hiapteck seem trending lower as expected

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2018-03-28 15:49 | Report Abuse

whooooooooooooooooooo

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2018-03-28 15:46 | Report Abuse

If ekovest proposal rejected tomorrow, IWC net assets should only be worth 97 cents

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2018-03-28 15:43 | Report Abuse

I would say that the 4 independent directors are not acting on behalf of the minority shareholders of Ekovest.

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2018-03-28 15:37 | Report Abuse

IWC shareholders can only get RM1.50 if Ekovest shareholders approved the deal. If Ekovest shareholders rejected the deal, than IWC will be lower than Ekovest

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2018-03-28 15:36 | Report Abuse

the deal may call-off. If ekovest shareholders said no tomorrow. RM1.50 will be gone

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2018-03-28 15:35 | Report Abuse

Let's unite and vote against the deal. We may loss the battle but at least we can show LKH that we don't like the deal. Close your eyes and vote against the deal

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2018-03-28 15:34 | Report Abuse

For now IWC is a no-no. ekovest itself is a giant in the making. But if they take IWC, it will be a drag

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2018-03-28 15:33 | Report Abuse

Ekovest with its current projects already strong enough. With potential book order of RM11 bill. There is no reason why they need to take up the lands in IWC since they are not building

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2018-03-28 15:32 | Report Abuse

IWC will get smashed ! Bigger picture IWC acquisition is a good deal as they can acquire big plots of landbanks at cheap price but when will the profits be in the ekovest? Property still slow down

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2018-03-28 14:16 | Report Abuse

People may see that Great Platform as growing business but it may or may not be the case since the industry is slowing down. RM10 mill hit to income statement of Mieco. Is like Ah Chai using Mieco to finance the losses in the subsidiary of SYF.

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2018-03-28 14:15 | Report Abuse

See the latest quarter from SYF up to 31 Jan 2018 -revenue and losses contributions from the board business (i.e. Great Platfom) are RM44 mill and - RM2.7 mill for 6 months. Annualised will be about RM6 mill losses to Mieco per year. And since Mieco getting RM60 mill financing to acquire Great Platform, interest cost should be RM4 mill per year. Easily RM10 mill reduction in profit for Mieco

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2018-03-28 10:06 | Report Abuse

Anyway, please avoid ah chai counters. Retailers not in the same league as him

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2018-03-28 10:05 | Report Abuse

Like warchest was saying here. When at 90 plus cents, it is damn expensive since they are now getting a loss-making board business from SYF. Going forward, Mieco will less attactive

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2018-03-28 10:04 | Report Abuse

No yet hit the bottom. See SYF and u will know

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2018-03-27 15:08 | Report Abuse

We know that LKH will have a plan since he can't vote on Thursday. He may influenced the other institutional shareholders to accept the deal with additional sweetener hence, ensuring that the deal goes through. However, what we can do is just to fight all the way to reject the deals

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2018-03-27 11:53 | Report Abuse

Is a battle we can't win for Ekovest shareholders. Ultimately, the deal will go through. But just giving LKH some pressures. Can't let him to control everything

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2018-03-27 11:52 | Report Abuse

The best way, is to keep asking questions and voting against the deal. If indeed Ekovest is worth RM4 as per the BDO's valuation than the deal to acquire IWC doesn't make sense. I would suggest to monitor the share price. If heading up before the EGM, we can vote for the deal. Else, just vote against the deal.

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2018-03-27 11:49 | Report Abuse

anyway, to keep it short. Both offer document and IAC already reviewed by the SC. AND to complain to the SC, it sound like complaining against your own decision

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2018-03-27 11:48 | Report Abuse

Anyway, is not easy to remove the directors. To even propose to remove the directors, u need to individually or collectively have 10% voting shares to do so

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2018-03-27 11:47 | Report Abuse

Nothing to do with that. SC basically is acting as a regulator or gatekeeper. If u see from the independence advice circular sent to IWC shareholders it mentioned "..the Securities Commission has notified that it has no further comments to the content of this IAC". Basically, valuation is very subjective due to many variables. A person may get a valuation of RM1.50 for Ekovest, some may get around RM4 (in the case of BDO). What SC' can regulate only on the process

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2018-03-27 10:16 | Report Abuse

i will sell when those people are making noises

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2018-03-27 10:16 | Report Abuse

at current price, i will consider buying since no gurus shouting here and there. Just for the purpose of trading.

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2018-03-27 10:15 | Report Abuse

OCK wa one of the saddest, market recovering but it doesn't move at all. That's why buy when all the so-called gurus here are quiet. sell when they are making noise. that's the way. In OCK, no one is guru

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2018-03-26 20:52 |

Post removed.Why?

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2018-03-26 20:51 | Report Abuse

And the BDO report als approved by them

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2018-03-26 20:50 | Report Abuse

Gong Xi Fa Cai, seriously complain u won't get any good feedback from the SC. U know why, the Offer documents sent to IWC shareholders got approval from the SC. U think SC will take action against their own action

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2018-03-26 12:49 | Report Abuse

No worries learn your lesson. If the sifu is good, he won't promote it. Learn your lesson and don't trust him anymore

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2018-03-26 11:33 | Report Abuse

The operator is merciless

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2018-03-26 11:33 | Report Abuse

Those know the operator

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2018-03-26 11:32 | Report Abuse

Already pumped up, now is dumping time

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2018-03-26 11:32 | Report Abuse

What gold. As long as management still the same, this company merely for quick gain

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2018-03-26 08:59 | Report Abuse

Warchest say RM2 coming soon

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2018-03-26 08:50 | Report Abuse

Last few years was the boom in semi conductor industry. But 2018 is the beginning of the crash

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2018-03-25 20:34 | Report Abuse

Buy at 70 cents. If touched RM1 will be ugly

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2018-03-24 10:21 | Report Abuse

Remember I keep warning

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2018-03-24 10:21 | Report Abuse

All the so called guru with low PE only basis all died off

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2018-03-23 15:10 | Report Abuse

Paloma fully agreed. Downtrend is downtrend. u will never know how low. is better to average up than average down

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2018-03-23 09:28 | Report Abuse

see EPF been disposing 1.7 mill - 1.9 mill shares everyday

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2018-03-23 09:27 | Report Abuse

Past activities telling me if EPF is disposing, the impact will be ugly. see YTL, CMMT