I believe a bull market in KLSE will start in the second half of 2023. This bull market will last a long one since KLSE was in a bear market in the last 10 years. KLSE cannot be a bear market permanently, it is too long, a bull market will come back soon. We should see the light at the end of the tunnel, a few good signals have appeared. 1. The Malaysian economy expanded by 5.6% in the first quarter of 2023 (Q1 2023), comparing favourably with regional growth such as Indonesia (5%), China (4.5%) and Vietnam (3.3%). The Q1 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0% to 5.0%. To me it is good news and it should benefit the performance of KLSE. 2. I believe our unity government will perform well in the 6-state elections to convince all investors that the worst is over. No more perception of unstable federal government. 3. The latest report on US dollar index, the index falls below 100 points. It means the USD will drop further against RM. The conversion of USD to RM is at 4.53 today. It means foreign funds will stop to flow out from KLSE. 4. The economic data of Malaysia showed a big improvement in May 2023, the inflation rate is reduced to 2.8% which is a good news to KLSE.
Good luck to all investors, hope a bull market starts in KLSE soon to help all readers to make a lot of money in the next 2 years. Hope to see more millionaires are produced in KLSE, do not believe other stock markets are always better than KLSE. It is a matter of timing only. Thank you.
YTLPower is the best stock I recommended in 2023. Hopefully all investors are laughing all the ways to the bank. I checked, foreign funds are still net buyers in KLSE in the last 5 weeks. Hitting the target price at 2.05 set by HLIB is not a problem I guess. Good luck to all investors here.
Foreign funds are net buyers in KLSE for the last 5 weeks, hence KLSE is bullish now. I believe huge foreign investment funds (in terms of billion of RM) will pour into Malaysia economy after these 6-state elections are over on 12/8/2023. Hence I expect KLSE will be a bull market in the second half of 2023. Please note that the stock market is always ahead of economy. Thank you.
YTLPower is the best stock I recommended in 2023. Hopefully all investors are laughing all the ways to the bank. I checked, foreign funds are still net buyers in KLSE on 25/8/2023. Already hit the target price at 2.05 set by HLIB previously. The new target price set by HLIB is at 2.90. I hope this new target price at 2.90 will be crossed easily before November 2023. I still believe the target price in 2024 should be higher than 2.90. If EPS in FY2024 is 0.40, at PER=10, the target price for 2024 should be 4.00. We should have some idea after Q2 2024 result releases in Feb 2024. Good luck to all investors here. My 2 cents comments.
Posted by BobAxelrod33 > Oct 14, 2023 7:46 AM | Report Abuse "WHEN A CLOWN MOVES INTO A PALACE, HE DOESN'T BECOME A KING. THE PALACE BECOMES A CIRCUS" ------------- Turkish Proverb
Posted by Felix999 > Oct 14, 2023 8:58 AM | Report Abuse "The greatest enemy of civilization is the barbarian within." - Heinrich Heine
I3 has many barbarians within and the worst type is Mike-tikus and his many ID. Many right and sound minded people already leave i3 for good because of people like Mike-tikus flooding the whole forum with his repeatedly cut and paste vulgarity,insult, slander and gibberish.
I3 used to be the place where investors can exchange useful opinion, figure and fact but sadly no more because of the many barbarian within.
Insas score all positive points as super investable stock when share price is still hanging below 90 sen loh!
FUNDAMENTAL FACTORS 1. It has a net cash of Rm 1.10 per share. 2. It trade at a PE of below 5x. 3. It has an NTA per share of Rm 3.43 per share. 4. If u add the potential mark to market gain of Inari & M&A, the revised Nta of insas exceed Rm 4.50 per share mah!. 5. It pays a dividend of 2.5 sen, that give a dividend yield of 2.82% pa, very close to the short term FD rates of 3.0% pa. 6. Insas has shown earnings sustainability & consistency as for the past 10 yrs, annually Insas has been reporting good profit n most amazingly every qtr for the past 10 yrs, Insas has been reporting positive positive every qtr loh! 7. If u invest in insas, U r exposing to the biggest tech listed Composite Index co in KLSE-Inari. 8. U r also deriving the best manage Finance Co in KLSE by investing in insas mah!
GORENG FACTORS 9. Insas own the most efficient goreng corp finance listed co in klse-M&A 10. Insas is due to be goreng bcos its share price at 88.5 sen now is close to the exercise price of the warrant at 90 sen mah! 11. The insas chart indicate Insas is due to breakout of 90 sen & powerfully will go above Rm 1.20 soon loh! 12. Insas is one of the most promising incubators & its Venture capital has been performing very well loh!
Do not missed this INSAS high positive profitability potential, INVEST NOW LOH!
Posted by stockraider > 14 minutes ago | Report Abuse
Do u all realized Insas is sitting on another mark to market gain of more than rm 200m or 29 sen per insas share since M&A is listed at 22 sen & now the share price is 34.5 sen.
Lu tau boh ?
Posted by stockraider > 21 hours ago | Report Abuse
Memang betul sifu sslee findings loh!
Lu tau boh ?
If u look at the balance sheet of insas....the associate companies cost is around rm 577m & these comprises Inari, Ho hup & many unlisted companies loh!
If i conservatively take all the associate cost of Rm 577m to be attributable to Inari alone & excluding all other companies above, i still can have a nice handsome gain of rm638m (rm 1215m minus Rm 577m) and this will add another 92 sen to already high NTA of Rm 3.53 to a revise nta of rm 4.45 per share loh!
Insas have so much value in it , that is beyond any ordinary soul can comprehend loh!
Only people like sifu sslee & Leno that have ability & can see beyond the future, can comprehend the prospect & the huge profitability that can be made by investing insas mah!
U all need to trust sifu sslee who is so kind hearted & willing to share the bounty of Insas with us all loh!
Do u all realized Insas is sitting on another mark to market gain of more than rm 200m or 29 sen per insas share since M&A is listed at 22 sen & now the share price is 34.5 sen.
Lu tau boh ?
Memang betul sifu sslee findings loh!
Lu tau boh ?
If u look at the balance sheet of insas....the associate companies cost is around rm 577m & these comprises Inari, Ho hup & many unlisted companies loh!
If i conservatively take all the associate cost of Rm 577m to be attributable to Inari alone & excluding all other companies above, i still can have a nice handsome gain of rm638m (rm 1215m minus Rm 577m) and this will add another 92 sen to already high NTA of Rm 3.53 to a revise nta of rm 4.45 per share loh!
Insas have so much value in it , that is beyond any ordinary soul can comprehend loh!
Only people like sifu sslee & Leno that have ability & can see beyond the future, can comprehend the prospect & the huge profitability that can be made by investing insas mah!
U all need to trust sifu sslee who is so kind hearted & willing to share the bounty of Insas with us all loh!
Posted by Sslee > 1 day ago | Report Abuse
Is that sooooooo stupiiiiiiid someone cannot read nor understand what I posted on: M&A Securities SDN BHD financial highlight: A 100% holding of Insas before RTO of SYF.
FYE 30 June 2019 2020 2021 2022 RM’000 RM’000 RM’000 RM’000 Revenue 26,314 36,978 68,906 48,541 Other items of income 15,791 18,646 33,291 28,900 Items of expense (33,353) (42,855) (77,420) (54,632) PBT 8,752 12,769 24,777 22,809 PAT 6,552 9,172 18,764 17,916
Can anyone understand english kindly explain to sooooo stupiiiiiid why staff expense increase in 2021. 2020 item of expenses RM 42.855 million. PBT RM 12.769 million 2021 item of expenses RM 77.420 million. PBT RM 24.777million
RI of Insas-PB with free Insas-WC is a way to reward shareholders. You can either sell your entitlement or subscribe for the RI I subscribe for my RI entitlement with 10% excess application and later sold the WC for a 6 digit gain.
Someone is very jeleous I make 6 digit gain from the WC. Recently bought back some WC because history will repeat again. In the past someone promote PA, and WC rocket pass PA. Now that someone day and night promote Jaks hence WC will/shall rocket pass Jaks soon.
去年同期脱售联号公司所有股权录得1亿3130万令吉一次性收益,托高了对比基数 One-off exceptional gain on deemed disposal of equity interest in associate companies of RM 131.3 million. Do anyone know what is deemed disposal?
Associated co - Inari completed private placement of 10% share at RM 3.10, way above its NTA per share, & insas needs to account for its equity accounting (Inari) share of share capital/reserve increase of RM 131.3 million, purely accounting treatment in compliance with FRS. Non cash flow but increase in assets. Balance sheet the non current asset associate companies value increase by RM 131.3 million.
Did someone know Jaks every year PP way below NTA?
Insas still hold 537,008,575 inari share (associate company) and 1,215,718,665 M&A an effective holding of 60.83% subsidiary company of Insas. Know what is the market value of 537,008,575 inari share and 1,215,718,665 M&A share? Know insas yearly dividend income from Inari alone? Year end 30/6/2023 Dividend received: RM 56.521 million
Since when a car rental business in Singapore is profitable? Someone must be smart to dispose capitalA for disposal gain before Covid-19 strike. Only dumb dumb hold Icapital TTB still holding capitalA before covid-19 untill now. Most likely TTB will still dumb dumb hold capitalA till suspension and delist
By the way Omesti is not an Associate company of insas: In balance sheet it is one of many equity investment held in current assets: Financial assets at fair value through profit or loss, as at 30/6/2023 that assets at mark to market value: RM 222,832,000
As at 30/06/2023 NAPS: RM 3.53 Deposits with licensed banks and financial institutions: RM 943,505,000 Cash and bank balances: RM 104,747,000 Total: RM 1,048,252,000 Less: Cash and bank balance pledged: RM (2,376,000) Fixed deposits pledged: RM (233,801,000) Free Fixed deposits and cash and bank balance: RM 812,075,000 Year end 30/6/2023 Interest received: RM 25.349 million
2023 EPS: 18.51 sen 2022 EPS: 32.44 sen 2021 EPS : 37.06 sen
Quote from dragon328's report. YTL Power should rise from current RM1.30 in May 2023 to RM5.00 level by Mar 2025.
The timing of Mar 2025 should be right as by then: 1) PowerSeraya should continue to report strong earnings due to tight supply (Keppel new plant only comes in 1H 2026) 2) Wessex will have its new water tariffs adjusted up substantially for the new 5-year regulatory period due to its enlarged RAB and to compensate the high interest rates it is suffering these 2 years from a higher WACC 3) 1st phase green data centre should have been up and running contribution new earnings stream 4) digital bank business should find its footing after 1 year of operations 5) more visibility in power export timeline to Singapore. ------------------------------ My comments :- 1.) I believe Wessex should be in profit position in 2025. 2.) Green data centre should make profit in 2025. 3.) 5G YES - should be in profit position in 2024.
I believe the EPS for FY 2024 is = 0.42, take a PER=10, the target price of YTLPower should hit 4.20 in FY 2024.
I also believe the EPS for FY 2025 is = 0.50, take a PER=10, the target price of YTLPower should hit 5.00 in FY 2025.
My 2 cents comment only. The final decision to buy is always yours. Thank you.
Still trying to convince me to buy insas? If insas is smart they should have used that "1 billion" cash board to buy Nvidia shares and turn it into 10 billion. Haha
Currently China already giving 10% rebate to their glove manufacturers but still losing money for some reason to malaysia topglove KOSSAN and harta after throwing price. Malaysia glovemaker already smelling that the long term prospects for glove makers are good once the 25% tariff hit and the 10% rebate from China is removed. China production funnily enough is not as efficient as harta and topglove.
My question to you sslee is this, do you buy stocks for what is happening today? Or do you buy stocks for what will happen in the future?
If I am aware of a stock that would likely to benefit from a future event, I will put it on my watchlist and when price eventually drops back after the excitement is over I will enter at the right price.
If Philip can understand how you earned 4X from Insas and apply the same method then most likely he already earned many X with many of his stocks holding.
It's very rare here in our local stock market for a stock to be able to keep going up indefinitely. The US stock market is different. There's endless money chasing stocks there.
Most important we must keep in mind is that only "buying" boost stock price and nothing else, a stock can sell at way below its cash backing and if there's no "buying" of the stock, the price of the stock stays down.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Johnchew5
11,658 posts
Posted by Johnchew5 > 2023-07-23 10:50 |
Post removed.Why?