Followers
1
Following
0
Blog Posts
0
Threads
1,332
Blogs
Threads
Portfolio
Follower
Following
2023-04-19 23:23 | Report Abuse
By taking Boustead private & the sale of Affin Bank to the Sarawak state government , I believe LTAT have resorted to Fire Sale of its assets to trim the debt level at both Boustead & Pharmaniaga. Don't be surprised if the proceed from the fire sales will be used to re-capitalise both the companies. More fire sales will be in progress but don't expect to read about it, especially now that Boustead is going private.
2023-04-19 09:55 | Report Abuse
@pinetree88... You are a good & bold trader. Cheers
2023-04-19 09:10 | Report Abuse
@Mabel... You definitely have tons of (Sapura) energy in you... entertaining them. I must adopt your breakfast regime of fresh juice & omelette. It's power-packed indeed. Cheers
2023-04-18 22:39 | Report Abuse
@RWG...Pharmaniaga is over-geared. See its Losses & Short-term financial obligations against its capital. Not forgetting it is also starring at another 1.16 millions of its vaccine expiring soon. Pharmaniaga too faces constraints to further borrowings due to BNM's rules. I would say the ultimate shareholder LTAT too hate rights issue.
2023-04-18 21:09 | Report Abuse
@understand... Go Buy Pharmaniaga & then tell us your experience. It would be good to pick your experience. Learning experience for us all
2023-04-18 20:03 | Report Abuse
The 10 years concession extension is the only superficial lifeline they have to show currently. The hard truth is the company needs strong financial muscles to remain a going-concern entity. Is a Rights Issue, loan stock or bonds in the pipeline? Getting the extension will see the long journey to recovery. Price-wise is anyone's guess.
2023-04-17 21:53 | Report Abuse
@Mabel... Way to go. Still full of (Sapura) energy. Cheers
2023-04-17 11:09 | Report Abuse
@DatoKembara...Thanks for the info. However, be mindful how it is presented. It can be unpleasant situation if your friend is considered disseminating 'insiders information'. Cheers
2023-04-15 14:23 | Report Abuse
Yes, I too believe its a gone case. I am sorry to say this. Come next month when the suppliers received partial payment or none, it's operations will start to crumble. I doubt they have reasonable fund for its working capital. I hope I am proven wrong.
2023-04-05 10:01 | Report Abuse
The post by gbt_9428 is either a Fake news or a Draft copy of the rationalisation scheme. Don't buy into it as it is inconclusive.
2023-04-04 11:43 | Report Abuse
It's merely an investment decision. No bailout. It's for the Investment Committee to decide if it is time to reinstate Sapura Energy into it's portfolio. Meaningful & honourable way is through the Rights... my take, of course
2023-04-04 10:46 | Report Abuse
Back in 2018 EPF exited Sapura, leaving the rescue to PNB. After the 30 sen Rights, PNB average holding costs was 80 sen. It was PNB's disastrous rescue. Today, Sapura is 3.5 sen & I am buying. PNB should invite EPF back & I hope EPF will have a change of heart.
2023-04-03 22:02 | Report Abuse
Bob, you have just said buying at this level 3.5 - 4.0 sen is a Good Buy (Not Bye) despite the impending share consolidation. Right Issue will follow. To make the Rights attractive, the underwriters will have to push the price up North. What are you waiting for?
2023-04-01 23:03 | Report Abuse
My take, I classify both of them as professional Crooks. They rip the company dry. I have no respect for them
2023-04-01 22:45 | Report Abuse
Whoever supporting this counter is not using it's own money. At this level 30 sen I stay away...
2023-04-01 21:19 | Report Abuse
Yes, April Fools to the non-believers. Sapura's debt is a discounted news. In a trade the debt weight is not an issue. Furthermore Sapura's bad days are almost coming to an end. Cheers
2020-08-06 20:17 | Report Abuse
Let's enjoy the run on PN17 counters... Barakah being one. No companies will be de-listed the next 12 months. We have Covid-19 to thank for. Cheers
2020-08-06 10:25 | Report Abuse
@investortrader88... Joining you in your Huat cry...
2020-07-22 10:38 | Report Abuse
@Mabel... Good that you are back. Its always a pleasure reading your post. Cheers
2020-07-22 10:25 | Report Abuse
@Happy3933... Yes, it was worth the wait though it is definitely a long & tiring wait. Don't forget to realise your dream... Cheers
2020-07-21 21:56 | Report Abuse
@Newbiesky...I would say Yes. Cheers
2020-07-21 19:29 | Report Abuse
@Happy3933... Pretty long wait, isn't it? The dream came at last... Cheers
2020-06-19 11:02 | Report Abuse
@edwardkuah & @Vjaa3964...I agree with you guys. Barakah is holding well. Let us all together enjoy the sweetness of the harvest. Cheers
2020-06-18 12:26 | Report Abuse
@Happy3933... another season of Black Thorn. Hopefully the taste will be much sweeter. Good for you. Cheers
2020-06-18 11:38 | Report Abuse
My take for the sell-off... T+2 effect.
2020-06-17 22:29 | Report Abuse
@investortrader88... Your motivation too never vain. Good for you. Its good to read your post on @Happy3933. Cheers
2020-06-17 08:54 | Report Abuse
@Happy3933... It definitely have been a rather long wait, my silence too. Good to be back. Cheers
2020-06-16 23:11 | Report Abuse
@Macho008...@Happy3933 is a great guy in this forum. We go back many months ago. The talk about owning such cars are just motivational amongst ourselves. Barakah has been asleep for quite a while. We were all caught in this counter. It never crossed @Happy3933's mind to look down on anybody as opposed to what was interpreted. Cheers
2020-03-14 01:45 | Report Abuse
@Fabien...the so-called Efficient Capital Allocater are only found text books. You live in a world full of theories. In that respect, our measure of a great companies differs greatly from yours. You are here merely to sell your product... Try elsewhere. Maybe you have better luck
2020-01-31 19:19 | Report Abuse
@scwmike8... Ha ha... a real Jinjang Joe.
2020-01-31 15:56 | Report Abuse
If my memory is right, it's Feb 6... Cheers
2020-01-31 15:25 | Report Abuse
@scwmike8... You probably have not heard of the places I am travelling through except London. Nobody will blame you for that. I, for one will not blame you. Pity you...
2020-01-30 14:38 | Report Abuse
@scwmike8... I was in London last week. I am now in York. Tomorrow I travel to Edinburgh. In a few days time, I will be in Bath. I am here for the CNY holiday... It's a wonderful holiday. Thank you for asking. Cheers
2020-01-24 17:55 | Report Abuse
Gong Xi Fa Cai to all... & enjoy your RĂ©union dinner with your loved one. Cheers
2020-01-22 16:45 | Report Abuse
So many de-listing CLOWNS around...
2020-01-19 14:54 | Report Abuse
@RICH MAN... You are the best. Cleared all your holdings except 2 lots...
2020-01-18 14:18 | Report Abuse
@Happy3933... Ha ha... that's a good analogy. Cheers & I believe you are busy preparing to Welcome the Rat...
2020-01-18 14:02 | Report Abuse
@Chongen Teng... With Perisai now de-listed, there will no longer be public announcements. You can still attend the AGM. However, never discount the possibility of winding-up lawsuits in the next 6 months... It's an uphill challenge to stay afloat.
2020-01-18 12:14 | Report Abuse
@Jmz88... No need May 2020. I am hoping Petronas Carigali due to their arrogance, ignore the notice. In less than 21 days from today, we can then celebrate... not in price hike but the satisfaction in bringing Petronas Carigali to its knees... Cheers
2020-01-18 11:31 | Report Abuse
@fastranger... It's over. Re-listing... never dream of it. Bursa has given Perisai its last & final nail. O&G companies without its listed status, is most impossible to survive... Cheers
2020-01-17 22:56 | Report Abuse
At last, Perisai is de-listed... a victim of 2014 world crude oil crash. To me, its an investment gone bad. I have no regret buying into Perisai. It is good that this I3 forum will also be closed down soon. This forum in particular, is filled with so much negativity.
2020-01-17 13:48 | Report Abuse
@Jmz88... Averaging downwards is tough job. Only the strong survives... you being one of them. Cheers
2020-01-17 11:37 | Report Abuse
@Jmz88...I would go for the extreme... Wind Petronas Carigali up if they don't lift the suspension. Barakah must humiliate the Big Bully... Teach Petronas to adopt humility in its business dealings. Cheers
2020-01-17 10:02 | Report Abuse
@Happy3933... I will find it a joy seeing Petronas kneeling for mercy before Barakah. Petronas have practically crippled the entire prospects of Barakah... untold damages in fact. Barakah have nothing left to lose by initiating a winding-up proceedings against Petronas Carigali... Burn the bridge if need be.
2020-01-17 07:55 | Report Abuse
@Happy3933... Bravo... It's Dignity in fighting the bullies at Petronas. Petronas ought to be taught a lesson...
2020-01-16 21:14 | Report Abuse
@W0099... Ha ha... That's a good one. The egg is like a ruthless pirates. They will fight till their last blood drops... Fight Barakah must... Cheers
2020-01-16 19:11 | Report Abuse
Amount for full settlement is small... Only RM118k but the implications against Petronas Carigali is damaging. Petronas, now have no choice but to negotiate with Barakah. They can no longer ignore Barakah. Very skilled strategy by Barakah.
2020-01-16 18:54 | Report Abuse
Silent Mary is definitely a battleship. It is giving Petronas Carigali 21 days notice to fully settle its payment. Failure to do so, Silent Mary is going to WIND-UP PETRONAS CARIGALI... This is interesting...
2020-01-16 13:54 | Report Abuse
@W0099... You have so much love for the share market. Always remember that it can be a very scary place too. It is good that you are ambitious at this tender age... Cheers
Stock: [PHARMA]: PHARMANIAGA BHD
2023-04-20 13:46 | Report Abuse
Selamat Hari Raya Aidilfitri to all. Rest well...