Posted by lee9fold > 2014-02-06 15:49 | Report Abuse

tessa got news for us? :D

Posted by Tessa Joseph > 2014-02-06 15:50 | Report Abuse

sorry lee, none :(

Posted by lee9fold > 2014-02-06 15:51 | Report Abuse

u interested to buy in?

Posted by mrlim > 2014-02-06 16:23 | Report Abuse

no afternoon goreng today?

Posted by Tessa Joseph > 2014-02-06 16:26 | Report Abuse

lee, i hold alot of counters, so now i just relax tunggu sampai my TP jual...hmmm

Posted by LTInvestor > 2014-02-06 17:01 | Report Abuse

why worry? TP still rm 2

Posted by FreeThink > 2014-02-06 17:05 | Report Abuse

crazy bull also need to rest...hehe

Posted by ran777 > 2014-02-06 20:10 | Report Abuse

Asli, i feel any time can buy. But must have holding power. The news regarding petronas osv have not blown yet. So waiting is important.

Posted by rikki > 2014-02-06 20:12 | Report Abuse

http://www.theedgemalaysia.com/mobile/article.php?id=274177&pid=4

Posted by psd57 > 2014-02-06 20:43 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1533373

Posted by psd57 > 2014-02-06 20:45 | Report Abuse

http://www.theedgemalaysia.com/business-news/274175-stocks-to-watch-pet-dagangan-digi-sarawak-counters-tadmax-silk-umw-og-heitech-minetech.html

Posted by ran777 > 2014-02-06 20:48 | Report Abuse

Coupled with the above news is the provision for financial facility of rm 50mil for debts and operating capital obtained by silkhlg.

Posted by OffshoreOil > 2014-02-06 21:37 | Report Abuse

http://www.offshoreenergytoday.com/jasa-merin-sells-anchor-handler-malaysia/

Posted by Azli > 2014-02-06 22:48 | Report Abuse

I guess tmrw it will rebounce.

Posted by lee9fold > 2014-02-07 09:41 | Report Abuse

they reli sell non stop

Posted by psd57 > 2014-02-07 10:15 | Report Abuse

SILK comin back. more good PETRONAS news to come.

Posted by joel > 2014-02-07 15:58 | Report Abuse

REBOUND AGAIN TOO, BUT NOT SO MUCH.
AS LONG AS IT REBOUND.

Posted by joel > 2014-02-07 16:02 | Report Abuse

6 Feb 2014 22:00
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　（吉隆坡6日訊）SILK控股（SILKHLD，5078，主要板建築）子公司Jasa Merin私人有限公司簽訂備忘錄，以792萬5000美元（約2536萬令吉）脫售旗下船舶。

　SILK控股向馬證交所報備，子公司在脫售旗下船舶所得資金，將用于償還船舶貸款額670萬令吉，以平衡公司資本營運開銷。

　根據該報備文件指出，這項協議預計會今年3月底完成。

　該公司指出，公司主要股東和董事並沒有在這項協議上，獲得任何直接或間接的個人利益。

　另外，該公司也向馬證交所指出，子公司Jasa Merin昨日與艾芬銀行簽署貸款協議，獲得額外貸款5500萬令吉，以作為收購用途。

Posted by psd57 > 2014-02-07 16:05 | Report Abuse

joel: interpretion please. At least summary

Posted by SgMas > 2014-02-07 16:16 | Report Abuse

@psd57, it's regarding selling of ship and loan with Affin Bank.

Posted by psd57 > 2014-02-07 16:32 | Report Abuse

SgMas : thks posted earlier

Posted by lee9fold > 2014-02-07 16:34 | Report Abuse

alot ppl desperate to sell

Posted by psd57 > 2014-02-07 16:39 | Report Abuse

people sell accumulate lah. No problem and keep for further good news.

Posted by joel > 2014-02-07 16:54 | Report Abuse

yup.agree.
buy.

Posted by lee9fold > 2014-02-07 17:08 | Report Abuse

i accumulate earlier...no more bullet lol

Posted by mrlim > 2014-02-09 23:11 | Report Abuse

bullish again tomorrow

Posted by Risk Trader > 2014-02-09 23:59 | Report Abuse

Tomorrow will break to new high....

Posted by hepitrade > 2014-02-10 00:15 | Report Abuse

Risk trader : ).... 80c?

Posted by Qintian > 2014-02-10 09:33 | Report Abuse

80 or 70??

Posted by lee9fold > 2014-02-10 11:13 | Report Abuse

LOLLLLLLLL

Posted by mrlim > 2014-02-10 11:47 | Report Abuse

more show before closing today

Posted by rikki > 2014-02-10 12:09 | Report Abuse

Bull is coming back.....:)

Posted by lee9fold > 2014-02-10 12:27 | Report Abuse

errr...have to see first...dont u see still many desperate fella want to sell? lol

Posted by rikki > 2014-02-10 12:28 | Report Abuse

Silk breaking the previous high of 0.78 today???

Posted by lee9fold > 2014-02-10 12:30 | Report Abuse

yo rikimaru haha...we would like to see dat...but dono whether all the desperate fella has been flush out edi or not

Posted by rikki > 2014-02-10 12:34 | Report Abuse

Dun worry lee9fold, they sell....our friend CT will sapu....hehehe

Posted by CityTrader > 2014-02-10 12:38 | Report Abuse

Aiya, rikki, got to ask kuya tj or bro ft to sapu. Im small kaki n thin arm with small mouth. Kikiki

Posted by lee9fold > 2014-02-10 12:42 | Report Abuse

yea...ask TJ sapuuuuuu

Posted by rikki > 2014-02-10 12:43 | Report Abuse

if kuya tj and bro ft are buying Silk......you can't see Silk below RM1.00.....;)

Posted by lee9fold > 2014-02-10 12:44 | Report Abuse

hahaha...sure thing

Posted by rikki > 2014-02-10 13:30 | Report Abuse

TP 0.87 by Maybank......wah research company covering Silk now.....lol
http://klse.i3investor.com/blogs/kltrader/46056.jsp

Posted by lee9fold > 2014-02-10 13:45 | Report Abuse

analsyt repork always wait their fund manager camping inside edi baru release 1...

Posted by rikki > 2014-02-10 13:55 | Report Abuse

TP 0.87 is for the O&G without giving any value to the Silk highway. If the highway are to be taken into account, the TP will definitely be much higher.

Posted by psd57 > 2014-02-10 13:57 | Report Abuse

SILK MAYBANK TP 0/87c - 10 Feb 2012
http://cdn1.i3investor.com/my/files/dfgs88n/2014/02/10/1480128131--1497250252.pdf

Posted by Qintian > 2014-02-10 14:03 | Report Abuse

on lah.. today break 80!

Posted by nazrul90 > 2014-02-10 14:54 | Report Abuse

come on, break the wall

Posted by Joel > 2014-02-10 14:59 | Report Abuse

is rebound !!!
Oh My God !

Posted by lee9fold > 2014-02-10 15:03 | Report Abuse

still got desperate fella inside

Posted by Joel > 2014-02-10 15:25 | Report Abuse

SILK offers a small-cap exposure to the growing O&G OSV sub-sector.

Its highway concession will soon break-even in profits, riding on robust traffic growth.

Embedded in value, we believe the stock is worth MYR0.87.
What’s New

SILK offers a small-cap exposure to the growing oil & gas (O&G) offshore supply vessel (OSV) sub-sector, with a fleet size of 17 presently (and 19 by end-FY7/14), quite similar to Perdana Petroleum (PETR MK; BUY; TP: MYR1.90) in terms of fleet size.

Its Kajang Ring Road (KRR) concession is still loss-making but we expect it to be profitable next year, riding on robust double-digit traffic growth and a toll rate hike in 2015. What is positive is that the KRR is already cash flow positive after servicing interest cost.
What’s Our View

Although group profits are small at just MYR2m net in 1QFY7/14, this should improve steadily. Net gearing of 10.9x at end-Oct 2013 is not a concern as 96% of the debts are project financing, backed by cash flows/assets of its businesses.

Despite a 76.8% rise in its share price YTD, the stock remains undervalue with the current share price reflecting just a FY7/15 PER of 16x for its OSV operations, and zero value assigned to the KRR. We value the stock at MYR0.87 based on SOP and after assigning a 20% discount for its small-cap status.

Source: Maybank Research - 10 Feb 2014

Posted by Joel > 2014-02-10 15:29 | Report Abuse

Buy in and Keep in future.
This Stock probably become one of the Oil & Gas Campany with solid earning growth.