Abc, the profit you saw is actually profit for the nine months ended 31st March, so it is profit for the 3 quarters. It's pretty bad.

https://www.theedgemarkets.com/article/petronas-capex-cut-another-shock-local-og-companies

“The lower capex would translate into greater job deferments and fewer contracting opportunities, impacting fabricators (Sapura Energy Bhd as well as Malaysia Marine and Heavy Engineering Holdings Bhd), hook-up and commissioning works (Dayang Enterprise Holdings Bhd and Carimin Petroleum Bhd), drilling activities (Velesto Energy Bhd) as well as FPSO (floating production storage and offloading) activities (MISC Bhd and Yinson).

Top picks among research firms favour midstream companies such as Dialog Group Bhd and Serba Dinamik Holdings Bhd, whose resilient earnings and balance sheet are expected to provide a degree of defensiveness.

POS is different bread. Well said. Revenue for postal services will go up by 117%, with a 10% drop in volume and 66% effective period (1st Feb - 31st March), the number still looks very good!

Directors Sold Warrant to buy in Ordinary shares. The rest of us should follow suit.

Actually 70% of Serba's revenue is from overseas.

Deadchicken, you're strong holder here. I exited Titan and wen out fishing and came back. Today exited 1.94 again, not sure if tomorrow can get lower but don't mind buying higer in a good company like Titan. My TP RM 3 but i dont have the time to wait for gold egg to hatch. need to go out hunting for more food. haha

So how many people sold in panic?

Serba is for people with faint heart man. Lol

i sapu 1.73. Lai lai.

All i can say is.. POS will catch up with the lag behind Gdex sooner or later.

Gdex people you're welcome to join POS :)

I'm joining the party tomorrow!

2015 NTA RM 1 - Trading at RM 2, Now NTA RM 1.6, trading at RM 1

Joining the party tomorrow guys!!

Team Dayang, Dayang has profit margin of 22.3%. It's able to weather the oil crash much better than others.

I was buying at 0.025 till 0.075 jacky, if pos rm 1.8 you huat liao.

The last time POS was making RM 30 million was at RM 3.60... We'll all be laughing our way to the bank.. Especially POS-C47 Holders.. RAise your hands!

LONG POST WARNING

Before i take a break into Raya, let's do a mini forecast of POS' March 2020 profit.
There have been quite a few catalysts to why I looked into POS again recently.
1) 30% drop in fuel costs
2) increase in rates
3) 30% drop in interest rates
4) 100% Increase in demand from courier segment

In March 2019 POS posted a loss before tax of RM 133.7m. What would the numbers look like in this quarter?
POS Segmental Sales March 2019
Postal 189m
Courier 197m
International 39.5m
Logistics 73m
Aviation 65m
Others 29.7m

Pos Segmental Sales 2020 (Forecast)
Postal 300m (58% increase): 189m x (117%/2+100%)
Courier 395m (100% increase): 197.6m x 2
International 20m (50% Drop)
Logistics 37m (50% Drop)
Aviation 34m (50% Drop)
Others 14m (50% Drop)

Justification

Postal: 117% in stamp rate increased in mid March
Courier: 100% increase in demand. Altho there is a 30% increase in international postal services rate under 2kg, i expect it was to offset the cost POS has to pay Universal Postal Union (UPU). So we only factored in the demand increase.

So March 2020 Forecast revenue: 300 + 395 + 20 + 37 + 34 + 14 = 801m (34.78% or 206m +)
Hiring Costs: 600 staff x RM 2,000 x 3 months = 3.6m

March 2020 Forecast NPBT = -133m (PBT Mar 2019) - 3.6m + 206m = 69.4m

The effects for fuel savings and interest savings will only be felt in June 2020.

June 2020 Further Fuel savings: 579m x 20% x (30% fuel savings) = 43.5m
Interest Savings = finance cost 11,066,000 x 30% = 3.3m

Assumptions
Fuel Cost = 20% of total Expenses
Interest rate drop from 3% - 2% translates into 30% savings for POS via finance cost

Brighter Days ahead:
Resumption of International, Logistics, Aviation, and Others to 100% after May MCO. These three segments have been growing steadily.
Logistics YoY Growth Mar 19 to Dec 19 : -32% / 0.64% / -5.66% / 11.31 %
Aviation YoY Growth Mar 19 to Dec 19 : -9.26% / -15.12% / -13.03% / 0.49%
Others YoY Growth Marc 19 to Dec 19: 4.57% / -1.92% / -13.76% / 60.93%

POS Comment on Logistics (AR 2019): We are optimistic with Pos Logistics’ outlook for the coming year. For the automotive industry, Proton has revived its collaboration with Geely by introducing the X70 SUV. Since its release, the sales volume for the first two (2) months of 2019 experienced a 42% growth. As a vendor for transportation and warehousing, Pos Logistics will benefit directly from the increase in production volume.

POS Comment on Aviation (AR 2019): Pos Aviation is the only licensed independent ground handler in Malaysia. In FY2019, Pos Aviation achieved a 55% market share of foreign
airlines in KLIA, handling 7 of the top 10 airlines in the world. This is due to the successful securement of 3 new airlines, namely Royal Brunei, PT Citylink and Condor, which take up 52% of the warehouse space in KLIA Air Cargo Terminal 1 (KACT1). Pos Aviation remains optimistic moving forward as air traffic between emerging countries is expected to grow at 6.4% per annum, and will represent a growing share of world air traffic from 25% in 2018 up to 40% in 2036.

POS Comment on Others (Dec 2019 QR): Other segments which consist of printing and insertion, digital certificates and Ar Rahnu, generated an increase in revenue by RM9.3 million (60.93% increase!!) mainly due to higher revenue from printing and insertion business.

Therefore June Profit will be incredible with: Interest savings, Fuel Savings, recovery in International, Logistics, Aviation and Other Segments. We are looking at 43.5m (Fuel) + 3.3m (Interest) + 20m (International) + 37m (Logistics) + 34m (Aviation) + 14m (Others) = 151.8m increase in PBT per quarter if these effects were not factored in the March quarter.

I may be wrong, but all stars are aligned for POS!

profitgrow after i scroll up.. hahahahaha.

Thanks Oldchinaman!

Mother up, warrant down, mother down, warrant down more.

too many contra players flushed out big time today.

Can the warrant be exercised anytime or only after the expiry date?

sai lang all warrants

Good luck all~

Lets do it tomorrow! Whoever you are, as long as you are in this forum, we are one! (except for STking... eating sour grapes now). Cheers all!

Oldchinaman this one can buy?

Bearvsbull, im a holder of Serba and Pos, honestly If Pos was making 30m loss it is making a huge progress into profitability. Do not underestimate the power of POS and what Itchyleg mentioned is correct. Pos is definitely a good comparison against Gdex and it is indeed more value for money than Gdex. There are inherent risks to Pos as it has other nature of delivery including letter mailing. However POS will also be my pick the coming quarter. Chill it out yo. Everyone can have a say. Nothing wrong with it :). Cheers.

Conversion period : The ICPS may be converted at any time beginning from the Issue Date at
the option of the ICPS holder until the Maturity Date

Any remaining ICPS that are not converted by the Maturity Date shall be
automatically converted into new CONNECT Shares.

So now i can convert my existing ICPS shares to Connect shares? How?

A) Assuming all ICPS are converted into CONNECT Shares based on a conversion price of RM0.10 and assuming conversion mode of
surrendering 4 ICPS to be converted into 1 CONNECT Share with no additional cash payment.

B) Assuming all ICPS are converted into CONNECT Shares based on a conversion price of RM0.10 and assuming conversion mode of
surrendering 1 ICPS to be converted into 1 CONNECT Share with an additional cash payment of RM0.075.

Based on the conversion price of RM0.10 per ICPS, our Company may raise further gross
proceeds of RM24.0 million (under the Minimum Scenario, assuming 320,000,000 ICPS is
converted into new CONNECT Share by surrendering 1 ICPS with additional cash payment of
RM0.075) and up to RM60.07 million (under the Maximum Scenario, assuming 800,994,000
ICPS is converted into 1 CONNECT Share by surrendering 1 ICPS with additional cash
consideration of RM0.075) from the full conversion on the ICPS. Any proceeds arising from
the conversion of the ICPS shall be utilised for capital expenditure, investment opportunities
and/or working capital of our Group. The exact details of the utilisation of such proceeds,
including the breakdown of the utilisation have not been determined.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=175516&name=EA_DS_ATTACHMENTS

Any link to bursa malaysia announcement regarding the two options? Tqvm my Sifu cinapeh

Thank you so much, i understand now :). Do you have the link for the above?

Cinapeh where did you get the 7.5c? Thx

Chinapeh - For PA priced at 0.06 now, Exercise price 0.1, 1 to 4 at 6c = 1.5c, total cost = 0.115? Pls correct me if im wrong. Cuz gonna all in dy.

So why is the share price rising? And which warrant or PA is better pick now? I think its PA because the ratio is 1.1:4.1?

is PA the cheapest to enter now? or warrant?

where is the announcement?

https://www.youtube.com/watch?v=vsEXuC5eOfk Just watch this guy, how humble he is. Do you think he will cheat your money given his low-profile and honest presentation in the limelight?

Based on Last QR, Their NPAT was 140m, and interest expense was 110m. Since the interest rates have dropped nearly 30%, we expect around 30m knocked off their expenses. Profit should grow another 20-30% for the next quarter. on top of its organic growth man.

Nevertheless, I'm already in with Warrant and mother with both my feet. We're in this together :)

York, Results may not be the most important thing but it gives the key indications of the past and future of the company. Velesto's director used the words "grave uncertainty" which indicates the future prospects of the company. We want to see the past to judge the company's ability to sail through the covid as well as the prospects to reaffirm our confidence and make decision to buy more or pare down our stakes.

Good QR!!

Where's the result~~

oldchinaman, how to message you? Hehe

what's happening? Is PA 0.05 good entry?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3035902

Ok old man, i follow you. Btw i messaged you the other day, you never reply me o. WAs asking for good warrant recommendations from you. You're Jay88 and my sifu :)

what price you enter oldman? I enter 0.02 for cz try try RM 5k