wah today minum tongkat ali

@David - looks like there are some Internal issues ; maybe ownership tussle / falling out between the directors, or worst case - CG issues

Margins have dipped, there are signs they are sacrificing Bottomline to grow the Topline. Hopefully can reap the fruits in the medium-long term, with the UAE plant coming online.

'pump and dump' is not ok, but 'dump and pump' is a different thing altogether ;)

Manpower and Raw Material costs spiked.

TOPGLOVE going into Condom manufacturing wor... good luck competing Karex.

Wait for the dust to settle first

Looks like internal strife

good game. this is young people speak haha. maksudnya game over sudah.

Jon, always a joy to hear your voice - a beacon of reason in the swamp of i3's mangled logic - and english.

I'll be the devil's advocate here - to list E&P, they may even have 'persuaded' the auditors to write-back some impairments. We shall see ;)

Anyway, they have good cash flow, so this is my moonshot stock for now. To slightly paraphrase what you said, if I owe the bank RM1m, it's my problem. If I owe the bank RM10b, then it's the bank's problem.

And as far as I know, nobody gets a moratorium on billions of debt by being an idiot. Remember, banks only lend to you, when you don't need the money.

it's the debt that's dragging it down in a rising rate environment.

My concern is that they may neeed to do more fund raising, as felicity has pointed out.

WCE has a flatter terrain advantage as well. Development of ports on the West Coast and ECRL will be a booster.

TS gets paid RM80m per annum, rain or shine dude. And another RM80m in ahem, IP.

80k down the drain. don't know whether to cry or laugh. :/

https://www.nst.com.my/news/nation/2017/11/307673/johor-government-acquire-water-services-company-saj-ranhill

@weng77 - TS Hamid Bugo is the Chairman of Petros heheh

Bad QR - price will be pushed up so the sharks can sell. On the other hand...

It's like when you're enjoying good food, and your kaypoh friend asks, nice or not, can share?

What will you say?

nobody knows! not simple now. shark's game. if u dare to swim with the sharks, u get the rewards la. but u may also get eaten.

Dow down, SAP down. Dow up, SAP down. No correlation at all :\

Burn shorts now

1MDB crackdown started?

@Garry - now. not good news though.

Results are out

That RMB100mio goes to PHB

chart shows a nice sword used to kill retailers

actually, PRG posted a good set of results. PHB may just be in the black this Q. Let's see.

they probably need to do 1 more round of fundraising / dilution?

https://www.forbes.com/sites/forbesasia/2014/01/29/malaysias-teh-kiak-seng-builds-affordable-housing/#176f7f35343f

Jon, thanks very much for sharing, those are really good points. The management, as far as I can see, is solid, make good margins, and is not averse to sharing with minorities.

I've been in some value traps, that's why I'm a bit more cautious these days, and look more to the Growth side.

Maybe you can help me privatise PARKSON too, where I've been stuck for a while ;)

In short, what's in the pipeline for Tambun beyond Pearl City?

Jon, good points - I like this company and how they treat their shareholders, but I'm waiting for the next Q - unbilled sales are very low and we need to watch out for potential plunge in earnings. The market, bearish as it is on property, may punish it severely a la Huayang.

I want to see more future revenue streams being secured before I commit.

Dividend payout sustainable or not?

Oil majors -are- upping capex.

http://www.theedgemarkets.com/article/petronas-sweeps-six-19-blocks-awarded-mexico-oil-auction

Managment already guided that FY18 will be dragged down by startup costs at the Mill

ESOS at 50 cents too. Wah no eye see man.

The Saudis will push and support Oil to list ARAMCO. Kita tumpang saje lah.

The shock may be $80 bbl oil ;)

If that dumb flower is worth RM1.6bn now.... we can only guess how much SAPENP will fetch.

EPF, KWAP very nice bagi angpow for CNY mah.

All the developers are moving in on Affordable Housing now. Huayang went the opposite way to Magna Prima and realluy stretched its balance sheet. Good luck.

TheContrarian, always a good sign to see u haha :)

Any thoughts on FAVCO? With pickup in Offshore, Shipping and Global Recovery (USA and Europe), FAVCO looks to be in a sweet spot.

@Betkaukau - yup, probably gonna take a while - still need the consultants to go thru and all that.

At the moment, still news lah. When they purposely 'leak' news like this, take it with a big pinch of salt! :)

@Betkaukau - they issue new SAPENP shares to existing shareholders lor. then SAPNRG gets revalued accordingly based on the Drilling and EPCIC units.

The big drag actually comes from Drilling with the stacked rigs - if this picks up, SAPNRG will be back to RM2 days easily.

wow, zoomm, that was quite a read.

Going into MRO, probably with an eye on SERBADK's recent success?

They got Trumped bigly. Put all their eggs in the TPP basket.

Transfer of Listing Status to Affin Bank itself - basically, removing the Holding Co. No effect whatsoever.

Project a modest 5% Profit Margin against that - 850m.

Lol; they are not idiots, but 100% they think people who read that trash are.