just got into airports..... not sure whats the issue, plan to take private at RM11 and yet price at RM10? Even if deal will be cancelled.... no reason for price to go down?
taking a bit of a stretched outcome.... last qtr EPS of 16.41 if annualised is 65.64c, and at current price of RM10.... thats PER of 15x which is reasonable
surprising that MOT has already given opinion, but khazanah and EFF is quiet on the exercise? Even if Khazanah and EPF wants to up their stake to 40 and 30% they can easily do it in the market.... why bring in foreigners to do this? puzzling.... Also if want to restructure and increase capital spending, best is to be listed where bank financing will be easily obtainable..... this privatisation move will only exclude the public from MAHB which I believe is not substantiated.... peace
Turkish citizens rarely question why one of their airports is managed by a Malaysian sovereign fund, whereas some Malaysians frequently question why such assets are sold to foreigners in the global business arena. They seem to think: if it's not owned by us, then it must be owned by our adversaries.
I am just here for the money and entertainment. Yes I am happy that they offer at rm11 as I always consider selling at rm11 and yes I am happy that some of us here also triggered on politics as well. GG Malaysia
at this juncture, i believe no way this privatisation can go thru with GIP as a party to the agreement, better for just khazanah and EPF to go alone as 2 parties and take MAHB private.... if they want after that they can sell 30% to whomever they want, but its sour taste already, let this be a lesson for khazanah and epf, next time share your strategy and vision before buta2 make offer and check your bed-fellows first, especially on so called national assets.... :-) peace
watermelon lovers can keep spreading their false narrative about genocide while supporting sexual assault and rape of innocent children and women. i hope this deal goes through, so they can boycott the airports and rot in their hometowns
price shd hover around 10 no need to drop as business is booming and fundamentals intact, in fast as compared to Bangkok airport ..... super undervalued. Last qtr EPS of 16.41 if annualised is 65.64c, and at current price of RM10.... thats PER of 15x which is reasonable if not low.... and revenue will only pick up more here on..... happy hunting :-) peace
ultimately MARA, KWAP or LTAT can take up GIP portion. However due to mismanagement and corruption by the previous local elite, Khazanah hv to find other funds now.
bought in another 100k @ 10.00. people who let religion dictate how they make money will never be rich, just like 50% of the people in the comments. you can tell who uses their brain
Malaysia Airport is a monopoly business. Therefore, if we give airport PE of 20 to 25 is fair for such monopoly business. Let’s take the last EPS as the least profit that airport gonna earn for next 4 QRs (we know the EPS would be higher due to new airport tax hike and visa free entry) ie 16 x 4 = 64 cents. As such, PE 15 = 9.60, PE 20 = 12.80, PE 25 = 16.00! Good Luck, comrades!
Congrats comrades for good airport QR! More upside to go!
Revenue ↑ 40+% Profit ↑ 300+% - compared with the corresponding quarter of the year 2023!
Revenue ↑ 2.3% (excluding two temporary passenger service charge and airline incentive) Profit ↑ 79.7% (excluding one off gain from GHIAL investment) - compared with the immediate preceding quarter of the year!
JV and associates also recorded higher profits!
ROE 16+% before tax!
All in all, airport business is in right track! Let’s hope we could get higher takeover price than 11 for airport!
If you don’t know how to invest, just buy airport and pray hard the deal will go through and get 10% cash rewards! Cheers! Current airport share price 10!
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....
facsc118
282 posts
Posted by facsc118 > 2024-05-16 15:53 | Report Abuse
so many call warrant if ex at RM 11 sure ib loss money. .......