Sold all & stay aside. As there are 2 call warrants set to expired soon, bankers might push down the price to minimize loses. This in-deed happened on Genting, banker press the share price to below RM4.60 last month even stellar financial report, only recently it able to hit RM4.90 after C2O expired in 29-Dec-2023. Becareful
Posted by SEERESEARCH2023 > 8 hours ago | Report Abuse
Break out? Look properly it is not break out but a bait signal. No volume in plantation all these while for months dude. Sharks are well known to manipulate the indicator. Arent they the one teach u how to do the TA.
calvintaneng
51,993 posts
Posted by calvintaneng > 7 hours ago | Report Abuse
Posted by SEERESEARCH2023 > 6 hours ago | Report Abuse
It is a down trend no matter what he promote because no body buying his low price entry ticket. Ald price in still promoting, arent that very obvious?
OneOracle
308 posts
Posted by OneOracle > 5 hours ago | Report Abuse
Utility downtrend for 5 yrs broke out and uptrend for 1 year in 2023. It had been bullish for 1 year and its coming to its end soon probably. Plantation downtrend for 9 years, broken out downtrend in 2022 feb and finish correction in 2023 resume reversal in 2024.
Plantation downtrend is already over in monthly chart in 2022. 2023 is pull back and consolidating to resume uptrend reversal in 2024.
If KLCI is marching to 1700. They cannot do without plantation as it is one of the heavy weight sector. It is still very undervalued.
EPF had dumped a lot of Planation stock in 2022 for several pay out in last 2 years. PM already directed local fund need to concentrate more on local market. Time for them to buy back what they sold off.
Posted by SEERESEARCH2023 > 9 minutes ago | Report Abuse
LTAT is a body with government authorities to access their real financial account just like petronas. Their value are something that u cant imagine since all the real thing are not shown to public.... The time is over for plantation. All has priced in....
calvintaneng
51,996 posts
Posted by calvintaneng > 0 seconds ago | Report Abuse
Did that SEE_Research guy so sly tell you to disturb and waste people time here?
Yes I like good counters with solid fundamentals and growth. As KGB is in the growth phase, naturally their receivables would be high. Future qr's will show whether their cashflow is solid. At this stage its way too soon to dismiss them as a failed co with uncollectable debts
When I first bought rcecap years ago, there were many naysayers who were complaining about its high debt too, saying that govt servants would quit their jobs and the loans would go bad. But in the end the strong cashflow proved them wrong and I'm now enjoying 5 figure dividends twice a year.
Rcecap i bought when there were naysayers telling people its contracts might be reduced
But Datuk Hashim bought lots of Rcecap and i once met him at Ambank Hq Kl A humble and nice guy
Rcecap was 27 sen and got capital exercise 27.5 sen with 7.5 sen cash payback and consolidation of 4 into one
So 27.5 sen minus 7.5 sen
= 20 sen Then x 4 = 80 sen
I sold too early but ok more than 100% up
All the loans are backed by Govt Servant salary deduction direct from their bank acc We can see Malaysia got 16 mil Govt servants
For Kgb we "cannot see" who were the awarding parties We also see "Receivables or Iou after 6 qtrs. For Rcecap Govt paid them monthly salary And cash is deducted monthly
So Rcecap is legalised Ah long better than banks
Banks give loans to Tom, Dick or Harry
But at least Banks got Tom Dick or Harry to go after
For Kgb we don't know anything at all from "whom" projects awarded
Calvintaneng, Do not badmouth the stock that you do not know. Do not cause harm and loss to all small investors who wants to make some money in the stock market. Do not kill all small investors here because of your badmouth. You are a holy person and not a naysayer, please stop your badmouth. I do not want to challenge or attack you because I respect you. The respect needs to be earned but not given free. Do not badmouth other stock to promote your stock, no justice in your action. Everyone also can follow your action, there is no code of ethic in your action. You can post your recommendation in the respective forum, please do not post your plantation stocks here. Please show some code of ethic here. Please stop. Thank you.
Yes I like good counters with solid fundamentals and growth. As KGB is in the growth phase, naturally their receivables would be high. Future qr's will show whether their cashflow is solid. At this stage its way too soon to dismiss them as a failed co with uncollectable debts
Multi Baggar I fully agree with you on first part
Yes I like good counters with solid fundamentals and growth
Receivables Ok if we know where they come from
I want to share a true life experience
Read this
Let Me Relate 3 True Stories:-
No.1) One Evening, after the plane landed at Changi Airport from Kuala Lumpur, I took a taxi home. Since the journey from Changi Airport to my place in Jurong West takes about an hour, I decided to talk to the taxi driver regarding the latest developement in Singapore.
As I was conversing with this particular taxi driver I noticed that he looked different. So I said, “You don’t look at all like a taxi driver, you must have been a CEO or some Big Time Business Man?” And I was right.
Then he shared his story. “Actually”, he says, “I am the Owner of An Import & Export Company In Singapore. Business has been very good and it’s growing bigger and bigger all the time.” “Why are you driving a taxi, then?”, I chipped in. “We recently sent a Consignment of Goods To The US. It Was One Of The Biggest Sale We Made – Worth US$20 Millions.
Then 911 STRUCK NEW YORK TWIN TOWERS. All our contacts with the Receiving Party in US were cut off, since their Office is in the TWIN TOWERS THAT COLLAPSED. We are not sure where the goods that we sent are currently located. At the same time our Creditors are chasing for payment. We don’t know what to do. At the moment I am driving a taxi to get cash for daily expenses.”
That Taxi driver I met in Singapore Circa early 2000s wore Designer Specs, Designer Watch & Designer Clothes He was the CEO of a Great Co in Singapore
He lost USD20 Million in a consignment of goods Untraceable after TWIN TOWER Collapse in 9/11
Now he has not not even an iota of inkling that Twin Tower could collase with All inside no more in a moment of time
How to trace his goods?
That is why I have become more careful
Always check and double check all Investments
Now for KGB job awarded after job awarded got No Real Name Nor Address We got to trust "100%" without facts?
Now in real life we need identification
Police will ask in random strangers to show their ID Card Why? To know if they are Malaysians or Foreigners If Foreigners Then Passport And If Passpost how long stay? Got work permit or Not
And our ID all got Names and Address Why? So that we are authentic citizens If change address? Must change it in ID as well
In Singapore it is an offense for someone to change address without notifying Govt of Spore
Go to SuperMarket
Every Product you buy on the Shelves got these
1) Made in Where? China, Japan, USA or other countries
2) Name of Manufacturers Or Name of Local Importers (Registered)
3) Address given
Why?
In case there is defect in the food
Now we are talking about HUNDREDS OF MILLIONS OF AWARDED PROJECTS IN A PUBLICLY LISTED COMPANIES
And then report Job Awarded by "WHO, FROM WHO, AT WHAT ADDRESS?"
All not provided
Supposed any stranger turns up to ask for a job Do you employ him?
In Supermarket The product has no name, address or origin. How to trust that it is good?
Calvin I prefer you to continue to give warning on high risk stock. Do not compromise just because someone bad-mouth your stock call. Look at the collapse of Rapid, SCIB, Leform, Mersec just to name a few your warning can save a lot of newbie.
Posted by gladiator > 1 hour ago | Report Abuse Calvin I prefer you to continue to give warning on high risk stock. Do not compromise just because someone bad-mouth your stock call. Look at the collapse of Rapid, SCIB, Leform, Mersec just to name a few your warning can save a lot of newbie.
Agreed!!! But reduce posting irrelevant materials Calvin.
0151 KGB, KELINGTON GROUP BERHAD - + Additional Listing Announcement /Subdivision of Shares 17 Jan 2024, 07:00 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Exercise of Warrants Details of corporate proposal : Exercise of Warrants No. of shares issued under this corporate proposal : 516,000 Issue price per share ($$) : 1.3800 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 647,689,372 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 74,693,392.750 Listing Date : 18/01/2024 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Another IPO HE Group is going to list on ace soon, IPO 28sen, trading at 11x PE only, which is lower than listed peer MNHLDG and KAB 14x and 23x, seems like worth to try?
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....
troy88
2,629 posts
Posted by troy88 > 2024-01-11 09:08 | Report Abuse
KGB WB should beat it's ATH achieved couple years ago close to 1.20 if I'm not mistaken..