Posted by Titan > 2020-07-13 15:02 | Report Abuse

coz epf listen to lukey & lofan...already over value

Posted by haihai > 2020-07-13 16:15 | Report Abuse

Dividend goin to be 20%. buy now!

Posted by tallman > 2020-07-13 16:43 | Report Abuse

This epf always last minute press down the price

Posted by mf > 2020-07-13 20:25 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 2,000,000 shares on 08-Jul-2020.

Posted by Zhuge_Lin > 2020-07-14 09:59 | Report Abuse

epf knew the current price is almost near to current value. There is not much upside but downside could be huge. There might be another 5% upside but 40% downside. epf has plenty of top analyst working for them. So do you think epf is smarter or you are smarter?

Posted by Zhuge_Lin > 2020-07-14 10:03 | Report Abuse

you are betting for it to reach rm9 which could earn you 0.50 but the risk is it could drop back to RM6 which is just 2 months ago. Your risk to reward is hoping to gain 0.50 but willing to lose 2.50. That is not a very good business proposition in anyway you look at it.

Posted by lofan73 > 2020-07-14 12:33 | Report Abuse

hoping to drop to rm6. please wait n dont buy now. keep on waiting.

Posted by sakurako > 2020-07-14 14:01 | Report Abuse

please drop 2 rm6. thanks

Posted by Titan > 2020-07-14 15:31 | Report Abuse

wow....huge volume throwing.......epf dumping again??

Posted by Zhuge_hai > 2020-07-14 16:00 | Report Abuse

dun wish for sake of wishing only. Drop till rm6, i bet you don't dare to buy also. If drop to rm7, many will pee in the pants already.

Posted by Mustovoi > 2020-07-14 19:50 | Report Abuse

Bursa can go up to 10 easily ..12 also possible
Just relax...

Posted by Brown > 2020-07-14 21:27 | Report Abuse

28th of July QR release will give the answer to everyone. Let's see HLB research report TP correct or incorrect. So far they were predicted correctly regarding ADV break record.

Posted by super_newbie > 2020-07-14 22:09 | Report Abuse

HLB TP 8.95?

Posted by masterus > 2020-07-15 08:58 | Report Abuse

Will Shanghai composite index bull run push klse to go up?

Posted by Brown > 2020-07-15 09:22 | Report Abuse

@super Yes, HLB TP 8.95. Q2 no ipo, Q3 3 ipo. Let's see.

Posted by Titan > 2020-07-15 10:14 | Report Abuse

How much IPO contribute to bursa revenue?

Posted by super_newbie > 2020-07-15 10:15 | Report Abuse

Yes, Q3 got 3 IPO so far.

Posted by Titan > 2020-07-15 10:37 | Report Abuse

In 2019 - IPO and Issuer services only contribute 11% to total Bursa revenue.
Do you know how much equity trading contribute? 50% of total revenue. Do you know how much equity trading increase compare to last Q? Do the math and you will get some idea on why HLB is bullish on bursa.

Posted by Brown > 2020-07-15 11:22 | Report Abuse

Everyone have their own math, jst regarding who will get the closest math on the forecast then he reserve wat he pay for. I don't think the trading volume will go down and back to same trading level like before covid-19. Bursa most value properties are new user, as long as they have the acc active, they will continue trade. OPR getting lower and lower, majority of ppl nt willing to put their money in the bank and come to invest in bursa. Nevertheless, economy will recover and FF will come back one day. This will be another ADV support.

Posted by Titan > 2020-07-15 11:32 | Report Abuse

Ahh...mr. Brown have some foresight on bursa. Bursa revenue came from 8 segment. 1.Securities trading 2.Derivative trading 3.BSAS Trading 4.Listing & Issuer Services 5.Depository Services 6.Market Data 7.Member services and connectivity & 8.conference.

Item 6&7 are consider almost constant every quarter
Item 1,3 & 5 - expected to increase
item 2 - expected to drop
Item 4- zero income
Item 8 - negligible amount

The % of each segment is different. Item 1 contribute 50% of revenue.

Posted by super_newbie > 2020-07-15 11:49 | Report Abuse

PAT 75mil and above.

Posted by Titan > 2020-07-15 11:55 | Report Abuse

my PAT estimate is between 80M to 85M. See my standard 1 maths pass o not.

Posted by ryan3 > 2020-07-15 12:26 | Report Abuse

My estimate is 110m, cz adv flying start from April

Posted by Brown > 2020-07-15 13:15 | Report Abuse

Thx for info, Titan. This QR is for Q2 but current share price is running at Q3. Q2 is a reference which may used to support your calculations. So it is important for next quarter prediction. We may also would like to see there r special dividend or not and most importantly is prospect of bursa. Let's wait for it.

Posted by terence775 > 2020-07-15 14:06 | Report Abuse

My estimate is about 90-95mil. More precise it's 93mil based on my estimated EPS 11.6sen. Another 2 weeks to go, I'm excited

Posted by Titan > 2020-07-15 14:29 | Report Abuse

wow...terence so bulish ah? I oni dare to estimate the PAT will hit above 90+M in Q3.

Posted by terence775 > 2020-07-15 14:44 | Report Abuse

Hahaha, in the end it's just an estimation based on our own calculations and assumptions. Whether right or wrong, nobody knows until July 28. Q3 hard to predict now, but July seems like it's going to break another record.

Posted by Titan > 2020-07-15 15:57 | Report Abuse

last hour for today trading and the trx value at 4B. Dunno today can touch 5B o not. If can, it will be yummy.

Posted by Zhuge_Lin > 2020-07-15 16:27 | Report Abuse

All gambler mentality. It's all goes back to risk-reward ratio. You are betting to earn 0.50 while you willing to lose 2.50.

Posted by terence775 > 2020-07-15 20:13 | Report Abuse

Zhuge_Lin, I think you don't see or haven't done your due diligence. It's ok to disagree, but there's no need to repeat yourself so many times. What are you trying to say? If you don't think bursa is worth investing in, why are you wasting your time here?

At least elaborate why you think we stand to lose 2.50? Otherwise all you're doing is throwing useless words without basis. Both Titan and I have given very good arguments why we think Bursa will perform very well. With a fair PE of 25, Bursa going above RM 10 not a crazy idea. In fact, I think Bursa can go to RM 12, but let's see the next quarter results first before I revise my calculations again.

Posted by Zhuge_Lin > 2020-07-16 09:28 | Report Abuse

The current price is already reflecting the 2Q & also 3Q good results. You all are looking at the transaction volume to predict the bullishness of this counter but what is the underlying reason for it to be so bullish? It is all because of glove counter. Do you think glove counter trading volume will continue to remain high? Once glove counter madness cool down, bursa trading volume will be like a dead fish.

Posted by terence775 > 2020-07-16 09:32 | Report Abuse

Zhuge, that is incorrect. The highest volumes are not from glove counters. For your benefit, please check bursa malaysia website, under securities, and then key indicators. you will understand better what I mean.

For the rest of us, congratulations, Bursa breaks new high again

Posted by Titan > 2020-07-16 09:33 | Report Abuse

Yee...haaa.....Bursa flying oh!!!,,,,broken the 8.60 resistance. RM9 coming loh.....LOL....

Posted by zhexiangxd > 2020-07-16 09:34 | Report Abuse

congrats all who hold and have faith in what they buy!

Posted by super_newbie > 2020-07-16 09:35 | Report Abuse

congrats all especially those holding at 7.3 when Epf keep disposing.

Posted by Titan > 2020-07-16 09:37 | Report Abuse

Let me get the 50c 1st and worry about the -2.50 later. This is call calculated risk which Terence and I understand but not u......

Posted by super_newbie > 2020-07-16 09:37 | Report Abuse

volume not really matters, value traded is the key for clearing fees revenue, projected 85mil for securities clearing fees revenue next quarter.

Posted by Brown > 2020-07-16 09:41 | Report Abuse

In the money C27 cheap selling! -ve premium. Haha

Posted by ryan3 > 2020-07-16 09:41 | Report Abuse

Towards rm12, all dont take profit first

Posted by Titan > 2020-07-16 09:50 | Report Abuse

aiyo terence......why u so kind and go tell him where to check.........

Posted by RainT > 2020-07-16 09:50 | Report Abuse

touched new high today at 8.97

Posted by terence775 > 2020-07-16 09:52 | Report Abuse

Haha Titan, knowledge should be shared :)

Posted by Titan > 2020-07-16 09:55 | Report Abuse

Terrence...i agree but with the right ppl & with right attitude......anyway...good karma......let's huat together.....fyi....i took some profit at 8.90....hehe.....

Posted by terence775 > 2020-07-16 09:57 | Report Abuse

We can only do good ourselves, what other people choose to do is their choice.

Posted by Brown > 2020-07-16 10:13 | Report Abuse

Look like trading volume will break record again.

Posted by Mustovoi > 2020-07-16 10:44 | Report Abuse

When u hold good stock let it bear proper fruit...
10 achievable once 9 resistance broken

Posted by VFTRADER > 2020-07-16 12:49 | Report Abuse

Juz some xtra infor :
(Figures are at lower side)

2019CQ1 = ADV:RM2.07bil
2020CQ1 = ADV:RM2.53bil

2019CQ2 = ADV:RM2.02bil
2020CQ2 = ADV:RM3.76bil.

2019CQ3 = ADV:RM1.86bil
2019(Jul01-15) = ADV:RM1.98bil
2020(Jul01-15) = ADV:RM5.00bil.

Bursa revenue always at a level of 0.85% - 0.95% ratio from total transacted value in that particular quarter.

So 2020CQ2 total val = RM220bil. Then est Rev=RM190mil at 0.86 ratio...

mb can do some own judgement from here....

NJOY

Posted by mf > 2020-07-16 15:36 | Report Abuse

heng

Posted by goreng_kaki > 2020-07-16 15:36 | Report Abuse

f u bursa, puik!!!!

Posted by Legend > 2020-07-16 15:37 | Report Abuse

What happen??????