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18 comment(s). Last comment by calvintaneng 2019-02-10 11:24

Patron

1,163 posts

Posted by Patron > 2019-02-08 00:32 | Report Abuse

All have a look before u start listening to this scammer

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-08 01:19 | Report Abuse

Yes by all means check up and read up on all Calvin buy calls

See buy call of carimin at 39.5 sen also

Now up 100%

beso

2,137 posts

Posted by beso > 2019-02-08 01:34 | Report Abuse

i seldom agree with calvin but this one i support

moneykj

6,105 posts

Posted by moneykj > 2019-02-08 08:34 | Report Abuse

Fitters

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-08 08:47 | Report Abuse

Fitters ok

Now the mini bull run is on O&G companies like carimin and dayang

Dayang means "princess" and Naim means "contented"

So Naim fits in the bull cycle of dayang

hollandking

3,694 posts

Posted by hollandking > 2019-02-08 08:53 | Report Abuse

is very obvious they are trying to goreng these mini counters, but i'm very sure whatever the same group of ppl touched, they will all fall back down in the end, like the others. Long term definitely a bad idea, only for speculators.

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-08 09:52 | Report Abuse

Holland King is correct

Market is cyclical

Since Naim came down from over RM6. 00 a rebound up and over RM1. 00 highly possible

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-08 15:14 | Report Abuse

Although market is cyclical the need for affordable housing is a very basic necessity

Naim is into affordable housing and highway infrar

Food
Clothes
Affordable house for shelter

Are necessities of life and therefore non-cyclical

moneykj

6,105 posts

Posted by moneykj > 2019-02-09 11:43 | Report Abuse

Congrats Calvin. Finally...

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-09 12:06 | Report Abuse

moneykj Congrats Calvin. Finally...
09/02/2019 11:43

Thank you

May you have a prosperous year!

Gong Xi Fa Cai!

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-09 12:47 | Report Abuse

Thks
Short term spurt because of 2 reasons


1. Oil & Gas theme play in Dayang triggered by Carimin price surge. Dayang up caused interest in Naim. The cash value in Dayang is already about 50% of Naim as Naim owns almost 30% of Dayang

2. Article here created awareness which many of us have overlooked including me. After Dayang surged I went in to study Naim's last quarter report more closely. And it was an interesting surprise. All solid

How far price will go depends on

1. Naim and Dayang own strong fundamental from here

2. Mass psychology will also come into play. If Carimin still surge up followed by Dayang and other O&G related companies Mr Market might go crazy and chase stocks into short term overvaluation

I like reason no. 1 and I am very cautious on reason no. 2 which might hurt those punters who join in at the later stage

Gong Xi Fa Cai

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-09 22:20 | Report Abuse

uptrending

Book can be cooked.. Lol

Be careful with no dividend payment companies reporting improving earnings while receivables also shot up...
09/02/2019 15:03
X
calvintaneng

Book cooking in Naim?

Let's see

1) Recent Rights Issue were all taken up by Directors at 45 sen (they even undertake all RI not subscribed). So they put in their own capital.

2) As for Receivables?

They are from

a) Houses sold by Bank progressive loan release. So can trust MayBank, Public Bank, CIMB Bank, Hong Leong Bank & RHB Bank to pay?

b) Under Pan Borneo Highway & KL MRT
They are Govt projects. Can LGE the Minster of finance pay?

c) Under Dayang receivables are from Petronas
Petrona got money or not?

So must think with your brain ok?

calvintaneng

53,335 posts

Posted by calvintaneng > 2019-02-10 11:24 | Report Abuse

Posted by uptrending > Feb 10, 2019 10:46 AM | Report Abuse

Dayang is an associate company, not a subsidiary, of Naim. Its Financial Statement or the Balance Sheet is not consolidated with that of Naim.


calvintaneng
23969 posts
Posted by calvintaneng > Feb 10, 2019 11:21 AM | Report Abuse X

These are irrelevant issues

Don't need to be sidetracked

Look at these latest report

1) DIRECTORS HAVE ALL TAKEN UP THEIR ALLOTTED RI

DATUK ABDUL HAMED BIN SEPAWI 25-Jan-2019 Acquired 64,225,550 0.450 View Detail
DATUK ABDUL HAMED BIN SEPAWI 25-Jan-2019 Acquired 22,816,827 0.450 View Detail
DATUK ABDUL HAMED BIN SEPAWI 25-Jan-2019 Acquired 1,314,183 0.450 View Detail
DATUK HASMI BIN HASNAN 25-Jan-2019 Acquired 71,754,217 0.450 View Detail
DATUK HASMI BIN HASNAN 25-Jan-2019 Acquired 39,061,918 0.450 View Detail
DATUK HASMI BIN HASNAN 25-Jan-2019 Acquired 22,667,200 0.450 View Detail
DATUK HASMI BIN HASNAN 25-Jan-2019 Acquired 382,327 0.450 View Detail
WONG PING ENG 25-Jan-2019 Acquired 7,500 0.450

So those who failed to exercise their Rights have missed the golden opportunity


2) Prospects
The property investment and trading operations will continue to contribute
positively to the Group results. In addition to retail property, we will be embarking
on other types of commercial properties, for example hotel in Bintulu Paragon,
for recurring income.
We will continue to improve the quarry operations and achieve economies of
scale to manage fixed overheads costs.

1,000 units of affordable houses at Rm300,000 each means Rm300 millions gross. Since land cost only Rm4.00 psf profit can be up to 50% or Rm150 millions

So the RI raising Cash was for 3 Property Developments.
After affordable housing will be commercial properties. Especially if they build for incoming tourists from Brunei to Miri for shopping

This is what happened to Pelangi Bhd in downtown JB. The 3 storey shophouses priced at Rm3 millions in Jln Sri Pelangi were all snapped up. Other places in JB shop houses were priced at 50% less

Building Hotel in Bintulu Paragon another plus as this area going into huge FDI investment boom

And Naim's quarry will be busy supplying aggregate for the Pan Borneo Highway

For Dayang as its share price moves upward Naim will gain the most as it has the most shares

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