I wonder if all the money from RI, PP & ESOS are still in the bank?

Hibiscus is our country's national flower, the pride of Malaysia, I love the way they consistently pump liquid cash from the ground.

Somehow it seems that many investors lost money in companies due to rampant insider trading. Shareholders and directors in the know sold down their shares and use the proceeds to take up PP directly or indirectly or buy back the shares at lower prices and make a decent profit.

Sad but true. If you look at the charts of those so called recovery stocks, most of their share prices are way higher than when they were before the pandemic and their business now or in the foreseeable future are no better than pre-pandemic.

Most people like to eat fried food, that's why they go for goreng stocks that made losses or little profit and are not comfortable with Comfort that made RM173m PBT last quarter. Assuming PBT starts dropping 25% every quarter, the PBT for next 12 months hopefully should still be around RM 350m barring any unforeseen circumstances. How many companies can earn this much profit with a estimated PE of around 5? Tempting to get the bonus warrants (Exercise price RM 2.30) of 3 for 10 going ex next Wednesday. Waiting to get a good price from short sellers.