Posted by bovun2014 > 2014-04-23 17:23 | Report Abuse

really no idea what the dealer move?! Push up and let free fall. to scare contra player?

Posted by I8investor > 2014-04-23 17:28 | Report Abuse

alot contra player inside all take profit edi

Posted by heavyth > 2014-04-24 15:38 | Report Abuse

Is it still in play...??

Posted by bovun2014 > 2014-04-24 17:32 | Report Abuse

will know tomorrow after T3

Posted by bovun2014 > 2014-04-24 17:32 | Report Abuse

my 2c opinion once it drop below 0.66, no more show. hv to wait for another month.

Posted by heavyth > 2014-04-24 19:49 | Report Abuse

in that case wait for another month...

Posted by lee9fold > 2014-04-24 22:58 | Report Abuse

wait for volume to pick up then vrooooommm... start engine... we shall see :D

Posted by heavyth > 2014-04-25 15:03 | Report Abuse

engine starting....???

Posted by Eskay > 2014-04-25 20:53 | Report Abuse

Something is brewing in this counter. I believed its something very positive. Start accumulating already.

Posted by optimus7 > 2014-04-25 20:57 | Report Abuse

lmao

Posted by sosfinance > 2014-04-27 14:26 | Report Abuse

This is a very interesting recovery stock. SILK owns about 37km ring road in Kajang. Cost about RM800 million. Not running away. Traffic growth last 4 years about 12% per year. Likely to continue for medium term. So, accounting loss is reducing yearly from 11m to 6m to positive in one or two more years. At todays market cap, it only pays for the Ring Road.

The other biz of 21 units of OSVs are given FREE with recurring income of more than RM30m. You do the maths. As when cash flow is improving (which can be seen), lower interest ail be converted into assets.

Posted by heavyth > 2014-04-27 22:08 | Report Abuse

Monday.... will momentum continue...??

Posted by sosfinance > 2014-04-28 11:00 | Report Abuse

Similar to this, buy toll get OSV biz free (350+350m=700m), JTiasa, buy palm oil get timber concession free. Protasco, buy road maintenance get property development free.

Posted by heavyth > 2014-04-28 11:02 | Report Abuse

sosfinance..Thanks for your analysis..!!

Posted by ronaldo96 > 2014-04-28 14:59 | Report Abuse

why drop back..cannot break 71c

Posted by heavyth > 2014-04-28 16:40 | Report Abuse

many counters down not only SILK...

Posted by sunztzhe > 2014-04-28 21:47 | Report Abuse

Let us get down to the basic fundamentals for SILKHLD.

The Kajang Cheras road is the shortest in distance to KL but it is extremely congested and many of the daily commuters are diverting towards the Silk highway.The traffic in Silk highway will for sure increase with time in view of the mammoth projects by MKH and other developers in the Kajang vicinity and given time traffic in the Silk Highway for sure will increase significantly over time. Further rerating catalysts in medium term are:
- more than expected traffic usage in the Silk Highway
- OSV contracts with PETRONAS

The fundamentals for SILKHLD will get better and better over time

Posted by heavyth > 2014-04-29 10:48 | Report Abuse

market correction...

Posted by sunztzhe > 2014-04-29 13:49 | Report Abuse

Opportunity to buy in slowly!!

Posted by lee9fold > 2014-04-29 20:11 | Report Abuse

u r right... slowly accumulate:D

Posted by heavyth > 2014-04-29 21:27 | Report Abuse

OSV contracts with Petronas..has it been confirmed or signed..????

Posted by sosfinance > 2014-04-29 23:46 | Report Abuse

Better read their Annual Report. Could be informative.

Posted by heavyth > 2014-04-30 10:18 | Report Abuse

Pls share with us any info...!!!

Posted by heavyth > 2014-05-02 20:14 | Report Abuse

Side ways since March 5th....time to move...????

Posted by LTInvestor > 2014-05-04 15:11 | Report Abuse

v.bullish formation in the making..once handle is completed & break 725, price to shot higher

Posted by lee9fold > 2014-05-04 19:30 | Report Abuse

LT...since when u r into TA? :D

Posted by LTInvestor > 2014-05-04 19:58 | Report Abuse

lol, bro lee using both now :D to improve my entry/exit point

Posted by lee9fold > 2014-05-04 21:26 | Report Abuse

bro skyhawk says uptrend intact... just be patience and collect at low :D

Posted by sosfinance > 2014-05-05 13:03 | Report Abuse

Oh great, is dropping back to 61 sen. While keeping most of it for long term, you may even trade this a couple of time. It has went up over 68-70 sen a couple of time and came back to about 61 sen.

For long term investors, just keep it and forget about the fluctuation. For those who like to trade a bit, buy around 61sen, dump when it goes close to 70sen, then buy again.

Posted by KJ Cheah > 2014-05-09 15:00 | Report Abuse

any announcement soon?>

Posted by heavyth > 2014-05-09 15:02 | Report Abuse

why suddenly move..???

Posted by sunztzhe > 2014-05-09 15:11 | Report Abuse

sosfinance: Ride the trend UP.

Posted by heavyth > 2014-05-09 15:14 | Report Abuse

How long it will stay up there..??

Posted by sunztzhe > 2014-05-09 15:19 | Report Abuse

Forward resistances to clear are
R1- 72.5 cents
R2- 74 cents
R3- 78 cents

Just monitor and decide for yourself as its your own money. Once 78 cents is taken out, it will be a good run.

Posted by heavyth > 2014-05-09 15:34 | Report Abuse

Wah...so many hurdles to jump oh..??

Posted by sunztzhe > 2014-05-09 15:41 | Report Abuse

Look at this way. Hurdles to clear is good for share price to move UP especially hurdle prices are very close to current price level.

Posted by heavyth > 2014-05-09 15:44 | Report Abuse

Yes...tq

Posted by sosfinance > 2014-05-09 16:03 | Report Abuse

Good thing about this type of stock, no analysts will look at it at the moment. Hard to sell, because its toll road is making losses and its OSV is not in full capacity.

Two surprises you will get
(a) when toll roads turn positive in one or two years time (improving 5-6m p.a.)
(b) when OSV is in full utilisation (purchase of 49% balance + new vessels)

If have time, trade 10%, hold 90% for long term (2-3 years, actually this is short term for me)

Posted by heavyth > 2014-05-09 16:05 | Report Abuse

Crossing 1st hurdle...

Posted by LTInvestor > 2014-05-09 16:12 | Report Abuse

sos finance , looks like dont need to wait 2 years :p

Posted by heavyth > 2014-05-09 16:38 | Report Abuse

Crossing 2nd hurdle...

Posted by KJ Cheah > 2014-05-09 16:53 | Report Abuse

wow !

Posted by livermore > 2014-05-09 16:54 | Report Abuse

3rd hurdle next week?

Posted by sunztzhe > 2014-05-09 16:54 | Report Abuse

The fundamentals for SILKHLD will improve as time progresses and that means increasing share price in the future

Posted by heavyth > 2014-05-09 17:03 | Report Abuse

next week 3rd hurdle 78cts...!!!

Posted by sosfinance > 2014-05-09 17:34 | Report Abuse

If we over analyse the financial, we will be concern, because, you have to consider the conversion of some of its loan into equity, which will dilute the EPS

Best, if we look at it from a business perspective. CONSTRUCTION of ROAD is fully paid (loan is restructured and cash flow can handle). Next, volume is growing 12% and continue growing.

SIMILARLY, the earnings of OSVs not fully reflected. They have just bought the balance of 49% of 4 vessels and 2 or 3 new vessels (deliver gradually) and not FULLY utilised. And, today's OSV rate is not at its peak, in the mid way.

Wow, today climb 17%, very impressive. Lets see any announcements or reports on SILK this weekend.

Posted by sasopi87 > 2014-05-09 19:30 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1619493

Posted by heavyth > 2014-05-09 21:45 | Report Abuse

What is the implication on the price next week with this announcement: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING SILK HOLDINGS BERHAD (“SHB” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 30,000,000 NEW ORDINARY SHARES OF RM0.25 EACH IN SHB (“PLACEMENT SHARE(S)”), REPRESENTING UP TO APPROXIMATELY 6.2% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SHB (“PROPOSED PRIVATE PLACEMENT”)

Posted by Eskay > 2014-05-10 00:20 | Report Abuse

Depend on who is the recipient of this PP. Hope it's some relevant party who can bring the group to a new high. With O&G being in the play, this company will stand a good chance to secure good OSV projects. Good luck guys.

Posted by sunztzhe > 2014-05-10 13:53 | Report Abuse

If the relevant party can add value to the business , it will be positive. Moreover the private placement will also help to reduce gearing and this is also positive.