Posted by Azli > 2014-04-02 23:38 | Report Abuse

Vol will increase tmrw. Get ready.

Posted by Hitman > 2014-04-02 23:42 | Report Abuse

friday 0.70cents

Posted by Cheah Khuan Jin > 2014-04-03 12:25 | Report Abuse

can i join prediction ? 80 cents please!

Posted by unsunghero > 2014-04-03 22:54 | Report Abuse

http://m.themalaymailonline.com/malaysia/article/putrajaya-crazy-to-buy-back-rm28.5b-highways-for-rm400b-says-dap-mp

Posted by sosfinance > 2014-04-04 18:25 | Report Abuse

Really good time to accumulate. Trading at half the potential fair value.

Posted by sosfinance > 2014-04-05 10:28 | Report Abuse

1. What I notice lately is the retailers like to chase over something that is yet to happen (i.e. rumours) and hoping it happens like DSonic, paying huge premium of 25x for their future profit without knowing what is the Capex, Profit Margin, & Payback period of the projects.

2. Similarly, the retailers become the followers of a particular businessman, disregard what business they are in. With the exception of Focal Aim/EcoWorld, on the pretext that Tan Sri Liew, retailer also chasing over Golsta, an MGO by Tan Sri Clement Hii.

3. The fun part is they just follow blindly without knowing the upside or downside. Some said, he has done it once, so he will do it again, not worrying at all about type of business to be injected, profit margin, what is the payback period, is the industry doing well or not. Some experts, say, it follows the personality. What? Like midas touch. Of course, if they already have shown the expertise (proven) in that industry, then, perhaps you can said it is ok.

4. SILK is the opposite of retailers interest. SILK had built 37 km of roads (Kajang Ring Roads), collecting tolls, at a double digit growth and prescribe rate hike in 2015, say 50% (guaranteed by government) - analyst gives a value of about RM400m (based on NPV of DCF.

5. SILK also owns 19 OSVs, chartered with oil majors for medium and long term. SILK is buying 49% of 4 ships it already owns 51%, getting delivery another 2 ships. All with charter in hand, and margin is good. Profit from these OSVs, analyst gives a value of RM320m or profit of RM32m.

6. Why retailers like to pay 2x, 3x or 4x, or many more times (without a clue), when you have something that will definite to show growth (although slower) than something they do not know what is going to happen, like DSonic, Golsta, others. Even they get the project, surely they need CAPEX, OPEX and RESOURCES to make it happen, it it also need time, one year, two years, or many years for property development.

7. I suppose retailers, they like to SPECULATE, or GAMBLE, if that is the case, I think Genting Highland provides a better probability of winning.

Posted by heavyth > 2014-04-05 16:05 | Report Abuse

sosfinance..so u mean retailers not keen on SILK..???

Posted by sosfinance > 2014-04-05 20:23 | Report Abuse

1. I mean retailers like speculation and quick gains. They prefer rumours than fact. In short, they don't want to think what they buy, just hoping it goes up.

2. SILK's profit can only grow slowly. Price move too slow for punters. Hope some operators come and play this stock. Provide some excitement. After all, toll roads won't run away and 21 OSVs won't just disappear. Risk is rather low. I have not value the land they own.

Posted by heavyth > 2014-04-05 21:08 | Report Abuse

sosfinance..thanks for your reply.Keep on posting..!!

Posted by Azli > 2014-04-07 22:14 | Report Abuse

Bila nak fly?

Posted by Stock Operator > 2014-04-08 16:43 | Report Abuse

unable to close day high. abit disappointing.

Posted by Stock Operator > 2014-04-08 17:42 | Report Abuse

http://www.thesundaily.my/news/1009959

Posted by eu7985 > 2014-04-08 21:41 | Report Abuse

Will it fall back to 0.55?

Posted by Stock Operator > 2014-04-09 10:01 | Report Abuse

hopefully it will fall back. Purchase then.

Posted by sosfinance > 2014-04-09 11:27 | Report Abuse

Yes, if it fall back, the margin of safety is even larger.

Two main area of growth:

1. Acquisition of 49% of four OSVs, to complete by 2H for FYE2014 (July), bring in new earnings of say, RM4-5m

2. Increase in traffic volume about 12%, profit will increase about RM5m p.a.

3. Interest cost at the moment is high, close to 10%, increase in cash flow from disposal of vessel & higher toll collection, will save RM1-2m and conversion of the loan stock will also save some interest.

Posted by Stock Operator > 2014-04-09 11:33 | Report Abuse

what price did u enter?

Posted by KJ Cheah > 2014-04-09 21:33 | Report Abuse

this counter is going to move soon!!

Posted by sosfinance > 2014-04-10 12:09 | Report Abuse

Once the results improved (almost certain), this counter will move. Just monitor their earnings from toll (25%) and also OSVs (75%). Another counter - Perdana (only OSV) market cap it RM1.2 billion with similar number of vessels. SILK is only RM300k (of course diff sizes). At this price, buy and put it in the safe deposit box for 3 years, double is not a problem.

Posted by heavyth > 2014-04-10 20:01 | Report Abuse

Wah...have to wait for 3 years..!!

Posted by KJ Cheah > 2014-04-11 08:35 | Report Abuse

seems like got volume today

Posted by sosfinance > 2014-04-11 14:58 | Report Abuse

Unless analysts and operators catch on to this stocks like Protasco. Its like owing a Kajang ring road, knowing traffic will grow from MRT which attract new townships around the area as well as typical vehicle growth - this is quite certain. The million dollar question is when will it really move? Of course if you tell me it will only move in ONE year time, then of course, I will invest in other stocks and then come back later.

Posted by Azli > 2014-04-15 14:55 | Report Abuse

Vol still low. Hope, vol will shoot up later so that price can go up.

Posted by heavyth > 2014-04-19 13:34 | Report Abuse

sideways for how long...???

Posted by bovun2014 > 2014-04-19 15:42 | Report Abuse

stocking at 0.61-0.63. building momentum. Shall coming soon

Posted by heavyth > 2014-04-19 16:02 | Report Abuse

Coming soon...any news...1 mth's time..??

Posted by KJ Cheah > 2014-04-20 13:34 | Report Abuse

sideway 1 month already

Posted by tjhldg > 2014-04-20 19:40 | Report Abuse

wish break lah .. wanna bbq liau

Posted by skyhawk > 2014-04-21 10:25 | Report Abuse

bro lee....GETTTTTT ARDYYYYYYYY!!!!!!!!!

Posted by skyhawk > Apr 21, 2014 10:22 AM | Report Abuse X

connie...sexy lady was with me over d weekend...she says...get ardy...coming in to land at CHRISSYCONN airport soon :D:D:D:D:D

Posted by lee9fold > 2014-04-21 10:30 | Report Abuse

i am always rdy for silky gal! :D

Posted by lee9fold > 2014-04-21 10:31 | Report Abuse

how about yr magic no. 555?

Posted by skyhawk > 2014-04-21 10:37 | Report Abuse

bro lee...didnt get u...555???

Posted by lee9fold > 2014-04-21 10:38 | Report Abuse

bro skyhawk...i mean last time u look at 55c?

Posted by skyhawk > 2014-04-21 10:39 | Report Abuse

bro lee...d waves says get in now!!!

Posted by lee9fold > 2014-04-21 10:40 | Report Abuse

ok...roger that!

Posted by lee9fold > 2014-04-21 10:43 | Report Abuse

SILKKKKKKKKK

Posted by stockcrazy > 2014-04-21 11:06 | Report Abuse

how far can go....

Posted by heavyth > 2014-04-21 11:20 | Report Abuse

TP 95cts.......

Posted by sosfinance > 2014-04-21 17:31 | Report Abuse

So far no announcement. The Kajang Ring Road already valued more than the market capitalisation today, and you can get the 21 units of OSVs free, and is valued about RM300-400m. Both toll and OSVs have earning growth potential. Hope it drop and let more people to collect.

Posted by yoda88 > 2014-04-21 23:27 | Report Abuse

After consolidation Silk starts to move, possiblity of breaking 0.775 to a new high.

Posted by lee9fold > 2014-04-21 23:50 | Report Abuse

lets try to break 70c first haha

Posted by tjhldg > 2014-04-22 01:21 | Report Abuse

bbq early morning

Posted by Chua SY > 2014-04-22 17:02 | Report Abuse

will re-enter again if there is any price correction

Posted by heavyth > 2014-04-22 17:09 | Report Abuse

Wow..price correction..time to buy...!!!

Posted by nicermannson > 2014-04-22 23:07 | Report Abuse

Sold down last minute.

Posted by tjhldg > 2014-04-23 01:48 | Report Abuse

aiyoyo niceman.. u ada bal lagi ka? ... all chiat pa punn kiew kiew liau ma ... u belum meh : (

Posted by CaiShenDao > 2014-04-23 02:38 |

Post removed.Why?

Posted by peazielle > 2014-04-23 09:47 | Report Abuse

from experience.. silk usuallly moves in the afternoon..

Posted by heavyth > 2014-04-23 10:40 | Report Abuse

Let's wait for the afternoon moves....!!!

Posted by sosfinance > 2014-04-23 10:50 | Report Abuse

The operator is playing hide and seek. Now you see me now you don't. Happen to many stocks lately. It is good especially when they plays with solid fundamental stocks like SILK, PROTASCO, HOVID, INARI etc.

Posted by heavyth > 2014-04-23 10:55 | Report Abuse

So v are against the operator....must study their every moves closely...!!!