Posted by amy1988 > 2016-08-01 19:27 | Report Abuse

...

Posted by iman6767 > 2016-08-03 09:46 | Report Abuse

it is selling the hiway at premium. I'm targeting 50 sen.

Posted by amy1988 > 2016-08-05 13:53 | Report Abuse

buy . .. .buy .. .buy . .. .buy .. .buy . .. .buy .. .

Posted by amy1988 > 2016-08-05 14:02 | Report Abuse

Asset selling more than market cap?

40sen, Market Cap RM280.6M .
WZ Satu, Silk Holdings: Buys SILK Highway for RM368m.
- RM239.3m in cash +
- RM128.8m via 125m WZ Satu at an issue price of RM1.03 each. (now RM 1.10)

Debt RM 2.2 bil

is that something wrong?

Posted by pelaburuntung > 2016-08-10 16:48 | Report Abuse

good news will be out.. wait

Posted by iman6767 > 2016-08-11 15:27 | Report Abuse

The directors are in London doing what?

Posted by Ant > 2016-08-15 15:56 | Report Abuse

jetli the King

Posted by The One ⇨ > 2016-08-16 18:20 | Report Abuse

Looks like its being pushed up so that certain parties can dispose.. hmm.. suggest.. steer clear.. unless hv concrete positive news..

Posted by tklim > 2016-08-30 09:00 | Report Abuse

Haiyaaa.....wait for above o.42 sen....then see how lorrrr.....

Posted by Albukhary > 2016-09-01 01:00 | Report Abuse

tomorrow down to 32 sen

Posted by agsmobile > 2016-09-05 14:01 | Report Abuse

30 Aug 2016, 07:00
MEMORANDUM OF UNDERSTANDING

SILK HOLDINGS BERHAD (SHB OR THE COMPANY)HEADS OF AGREEMENT IN RELATION TO THE
PROPOSED DISPOSAL OF SHB'S ENTIRE EQUITY INTEREST IN SISTEM LINGKARAN-LEBUHRAYA
KAJANG SDN BHD TO WZ SATU BERHAD (WZSB) (PROPOSED DISPOSAL)

You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

Posted by hisehatu > 2016-09-07 11:29 | Report Abuse

when the good news will came out?

Posted by faithful > 2016-09-08 08:52 | Report Abuse

will there be one?

Posted by hisehatu > 2016-09-10 11:05 | Report Abuse

Next week 0.35 then buy lorr

Posted by Albukhary > 2016-09-26 09:35 | Report Abuse

Good time to collect SILK.
Although the disposal plan aborted, but SILK still a company that own many good assets.
Its SILK Highway provide him a steady cash flow, and this cash flow able to help him to overcome the challenge environment of its O&G business.
1-2 years later, when other O&G player has been knock-out (because they have cash flow problem), then SILK will emerge itself as the big player in O&G.

Posted by sheep > 2016-09-26 16:31 | Report Abuse

since not able to sell highway, company gotta amend its quarter result.... let's see

Posted by j450n > 2016-09-28 17:53 | Report Abuse

this company getting bad to worst. i think mainly is mismanagement.

Posted by Jetli > 2016-10-04 08:28 | Report Abuse

buyer of last resort may be the only hope of a deal
otherwise business as usual

Posted by Jeff10 > 2016-10-04 08:45 | Report Abuse

from THE STAR

EPF going into highways is good for the long term returns of the fund. Highways are regulated assets, require minimum supervision on their operations and provide dividends.

However because it is the EPF that is going into the deal, the business case must be told in full. Because the Duke Highway will not be the last for the EPF to consider.

Many more highways are up for sale. Hence there must be more information to appease the members.

Posted by Albukhary > 2016-10-04 11:00 | Report Abuse

Not selling the highway perhaps is a good thing for SILK.
Currently, it highway business provide steady positive cash flow, as its highway debt payment is very small amount only (although the debt is high, but the payment is very minimal only).
Cold eyes always said:- "Cash flow is very important for a organisation, many business went bankrupt not because their business is good, or because they are making losses, the real course that make an business went bankrupt is CASH FLOW, without cash flow, company cannot pay rental, cannot pay salary.. and this will cause the business went bankrupt.

Therefore, with the steady positive cash flow from SILK highway, now at least we can assure that SILK will have strong cash flow to overcome the losses it suffer from its O&G business. We hope O&G can recover in next few years, Petronas can increase its capex in next few years, the SILK will fly high again.

Posted by fhis > 2016-10-11 15:49 | Report Abuse

coming coming....watch closely...

Posted by fhis > 2016-10-11 16:31 | Report Abuse

go go close high for a better show tomorrow...

Posted by ChempedakNangka > 2016-10-11 17:03 | Report Abuse

Ever wonder why attempt 1, by IJM, and attempt 2, by WZ One, to buy up the highway have failed? Bondholders knows best and they are shareholders last defender. Why these parties wanted to buy the highway? Are they eyeing to privatise it, list it or resell it for a huge profit? Here, it is clearly telling us, the highway is worth some money, a good loads of money! Please also study the recent divestment of 40% stake in DUKE highway to EPF by Ekovest, your brain will know how much is the reasonable price for Silk highway. To those who scrutinise the account closely, all knew that the highway revenue is enough to meet financial obligations and will not default.

As for oil and gas, it is a 70/30 joint venture between Trg gov and Jasa Merin. It has not been doing well for a while but will be fine soon once oil and gas market rebounded through joint effort between Opec and Russia led non Opec pact to curb the glut come Nov. Free cash flow from highway operation should be enough to meet all financial obligation under Jasa Merin, thats my wild guess..... come someone work out the numbers?

Posted by sangjero > 2016-11-11 15:07 | Report Abuse

Donald Trump UP........Penny stock and lower cap UP........BLUE CHIP down........an independent analysis......

Posted by buncho89 > 2017-01-05 17:08 | Report Abuse

what happened

Posted by bonescythe > 2017-01-16 00:59 | Report Abuse

The Silk Road of a Highway
http://bonescythe.blogspot.my/2017/01/the-silk-road-of-highway.html

Posted by sell > 2017-01-16 04:11 | Report Abuse

Not all highways make money like Plus North-South highway. Every qtr Silk highway lose money.
http://klse.i3investor.com/servlets/stk/fin/5078.jsp

Posted by bonescythe > 2017-01-17 01:27 | Report Abuse

West Coast Silk Road
http://bonescythe.blogspot.my/2017/01/west-coast-silk-road.html

Posted by VitaminM > 2017-01-17 20:41 | Report Abuse

Request for suspension..

Posted by bonescythe > 2017-01-17 21:52 | Report Abuse

No need to trade tomorrow. Suspended whole day

Posted by bonescythe > 2017-01-17 21:52 | Report Abuse

lol

Posted by Tan Cheng Poh > 2017-01-18 08:03 | Report Abuse

good news??

Posted by iman6767 > 2017-01-18 11:56 | Report Abuse

Govt-Linked fund to buy SILK highway? Heard EPF partners with Taliworks.

Posted by hisehatu > 2017-01-18 19:40 | Report Abuse

Tomorrow rocketting!

Posted by bonescythe > 2017-01-18 19:44 | Report Abuse

Boom.boom shakalaka

Posted by bonescythe > 2017-01-18 19:45 | Report Abuse

Open 50 cents boom boom

Posted by Andrew62 > 2017-01-18 20:25 | Report Abuse

Goodnews very likely.

Posted by dawstz > 2017-01-18 20:26 | Report Abuse

PNB buying...lets wait for tomorrow

Posted by Tan Cheng Poh > 2017-01-18 21:02 | Report Abuse

EPF,PNB and Tabung Haji all are buying,tomorrow sure LIMIT UP UP!!

Posted by sheep > 2017-01-18 21:10 | Report Abuse

Hahahaha, like the previous three result..... NO DEAL!

Posted by Albukhary > 2017-01-18 21:14 | Report Abuse

Last time IJM announce to buy at RM398mil, silk's price surge to RM1.20.
This round PNB announce to buy at RM380mil, silk's price will surge to RM1.15.

Will this abort again? NO NO NO, because it is PNB, not IJM.

Posted by cyrusam > 2017-01-18 21:38 | Report Abuse

http://www.theedgemarkets.com/my/article/pnb-buy-silk-highway-rm380-mil

Posted by agcnazriadam > 2017-01-18 21:47 | Report Abuse

suspended..

Posted by gark > 2017-01-18 23:48 | Report Abuse

Looked interesting at first glance. However silk have about 800 mil in loans in its money losing oil n gas division. Very likely most of the disposal proceeds will be used to pay down the loan. Nta will be higher at about 60 cents. Shareholder will not likely get to enjoy the proceeds of the sale as dividend.

Posted by Albukhary > 2017-01-19 00:15 | Report Abuse

SILK's oil and gas division is JASA MERIN.
Jasa Merin brand name is a very strong and reputable brand in OIL & GAS Support industry.
As oil price start to recover, JASA MERIN will be able to turn into profit very soon (within 1-2 years). And if the sale proceed use to payoff the debts, the JASA Merin will be very profitable in future, as majority of its cost is the loan interest.

Posted by martinbartesque > 2017-01-19 09:31 | Report Abuse

In term of TA, MA20 has crossed over MA100. Coming next few days, MA20 should crossed over MA200. Price is above all MA20, 50, 100 & 200. I believe uptrend will continue.

Posted by Timie > 2017-01-19 09:44 | Report Abuse

Its PNB, not IJM....

Posted by tklim > 2017-01-19 09:48 | Report Abuse

0.45 is still a BUY call.......hopefully can break 0.85

Posted by desaTrader > 2017-01-19 09:56 | Report Abuse

amazing bone

Posted by Jay > 2017-01-19 09:58 | Report Abuse

Rm70m to be paid as dividend. others kept for internal use. remaining division high debts and making losses so will be underwhelming for now. oil & gas support industry will only recover 1-2 years after oil price recover. at least the company manage to sell off a loss-making highway at a decent price