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

2018-04-05 09:31 | Report Abuse

Punishing what! those understand the share market will know that any all the shares in Bursa vomited blood. Not only Ekovest

News & Blogs

2018-04-04 07:52 | Report Abuse

Nice straight forward article. Love it

Stock

2018-04-04 07:41 |

Post removed.Why?

Stock

2018-04-04 07:34 | Report Abuse

Trade war and weakening US dollar. U decide the direction

Stock

2018-04-04 07:31 | Report Abuse

Like what I said previously here few months back; few years back good for tech but 2018 may not be thea case

Stock

2018-04-04 07:30 | Report Abuse

The trade war will affect the sectors that China wants to dominate. One of it is tech sector. Inari will be affected in mid to long term as it is part of supply global chain.

Stock

2018-04-03 19:33 | Report Abuse

Bonus no good. When market bad can get bad

Stock

2018-04-03 18:48 | Report Abuse

Maybe tony want to privatize tune at 80 cents

Stock

2018-04-03 18:06 | Report Abuse

If rhb say buy better,sell

Stock

2018-04-03 18:05 | Report Abuse

Iq, penta, all shit

Stock

2018-04-03 18:04 | Report Abuse

RHB is the worst of all. See how shitty their coverage are

Stock

2018-04-03 17:49 | Report Abuse

this company is tricky

Stock

2018-04-03 17:13 | Report Abuse

As predicted by warchest. RM2 coming

Stock

2018-04-03 12:01 | Report Abuse

after bonus issue will be RM1.50

Stock

2018-04-03 11:59 | Report Abuse

warchest still maintain the same stance. RM2 in the making

Stock

2018-04-02 10:24 | Report Abuse

Anzo sumatec very syndicated counters. at the same time based on historical trends, hiap teck was having many issues. this is not counters like press metal and ann joo. need to see quality of earniings

Stock

2018-04-02 09:30 | Report Abuse

Lol i live my life to the fullest, positive attitude always. But hiap teck known as counter that having too many issues. Just be careful

Stock

2018-04-01 11:03 |

Post removed.Why?

Stock

2018-04-01 11:02 |

Post removed.Why?

Stock

2018-04-01 10:44 | Report Abuse

I loaded warrants for trading purpose. I will unload when those guru starts promoting

Stock

2018-03-31 15:58 | Report Abuse

Already up 29.5 to 50 plus cents. Already 100%

Stock

2018-03-31 15:58 | Report Abuse

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

Stock

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

Stock

2018-03-30 16:47 | Report Abuse

Iwc lousy counter. Without ekovest deal. Fair value 97

Stock

2018-03-29 15:36 | Report Abuse

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

Stock

2018-03-29 15:35 | Report Abuse

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

Stock

2018-03-28 18:39 | Report Abuse

Tomorrow grilllllll those independent directors

Stock

2018-03-28 15:50 | Report Abuse

Warchest is back ! and Hiapteck seem trending lower as expected

Stock

2018-03-28 15:49 | Report Abuse

whooooooooooooooooooo

Stock

2018-03-28 15:46 | Report Abuse

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

Stock

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.

Stock

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

Stock

2018-03-28 15:36 | Report Abuse

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

Stock

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

Stock

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

Stock

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

Stock

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

Stock

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.

Stock

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

Stock

2018-03-28 10:06 | Report Abuse

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

Stock

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

Stock

2018-03-28 10:04 | Report Abuse

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

Stock

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

Stock

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

Stock

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.

Stock

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

Stock

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

Stock

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

Stock

2018-03-27 10:16 | Report Abuse

i will sell when those people are making noises