What is the criteria for a solid stocks? If follow Warren, this is certainly a no go, at best for speculation only. Looks like it takes some times for the private placement to materialise as it doesn't perform well, unacceptable net profit margin, no idea where the revenue went to? Good luck and pray for speculative play only for higher price but certainly not based on its fundamentals and management.
Haha, if you can write remmendations in 10 counters when market remains bullish, you will strike a few too most likely. Anyway, invest on our own risks and based on our judgment. Looking at the net profit margin of this company, you may laugh. Speculative play may push up its price temporarily but NO for long term. Private placement plan until now seems like no taker as like London biscuits. Good luck.
All key indicators are in red except NTA if it is reliable. Less than 1% net profit margin, revenue is meaningless. Unless speculative play which may push up its price, see no hope to improve its key performance indicators in the near future.
Low price, good for speculative play only. Good luck.
Current debt load of RM596 million. Extremely low profit margin, outstanding projects become meaningless as it will not contribute to its bottom line much but may able to support management remuneration. With the enlarged shares after private placement, EPS will be diluted accordingly.
Bina Puri: To launch two projects worth RM500m in 2018. Bina Puri Holdings is set to launch 2 projects worth RM500m this year, said group ED Datuk Matthew Tee. "We have not stopped on our rollers. We are still launching and planning. I think it the outlook for the property market this year should be good because it cannot get any worse already. "There has not been much upside in the sector since 2012, so we hope that with the abolition of the Goods and Services Tax, the sentiment will improve. (The Edge)
If you think the company can give you $200 dividends over the coming 10 year, may worth to take the risk. Otherwise just join speculators for the excitement.
Toll concessionaires’ shares rise Posted on 14 August 2018 - 09:53pm Eva Yeong sunbiz@thesundaily.com
PETALING JAYA: The shares of most toll concessionaires rose today after the government decided to postpone the abolishment of tolls.
Among the nine toll concessionaires listed on Bursa Malaysia, Lingkaran Trans Kota Holdings Bhd (Litrak) was the top gainer, rising 2.85% or 13 sen to close at RM4.69 with 704,700 shares traded today.
The company, which operates the Damansara-Puchong Highway and Sprint Highway, was the 13th top gainer. The stock went as high as RM5.90 today.
Malaysian Resources Corp Bhd’s (MRCB) share price rose 0.59% or half sen to close at 85.5 sen with 36.02 million shares traded, making it the ninth most active stock on the bourse today. The stock went as high as 86.5 sen today.
Ekovest Bhd’s share price rose 2.06% or 1.5 sen to close at 74.5 sen with 6.20 million shares done while Taliworks Corp Bhd rose 1.75% or 2 sen to close at RM1.16 with 1.74 million shares done. Ahmad Zaki Resources Bhd shares rose 3.96% or 2 sen to close at 52.5 sen with 5.47 million shares done.
Meanwhile, IJM Corp Bhd and Bina Puri Holdings Bhd closed unchanged today, at RM1.97 with 5.15 million shares done and 25 sen with 440,000 shares done, respectively.
Gamuda Bhd saw its share price fall 1.64% or 6 sen to close at RM3.59 with 7.59 million shares traded. It was the 19th top loser on the bourse today. WCE Holdings Bhd also saw its share price decline, by 0.59% or half sen to close at 84 sen with 292,400 shares done.
On Monday, Works Minister Baru Bian said it would cost the government RM400 billion to abolish the tolls in one go and that the government does not have the financial means to absorb the impact.
“After taking into account this factor, the government has agreed to postpone the proposal to abolish tolls until our economy really stabilises and allows for it,” he told the Dewan Rakyat.
Baru said the government will study other options that it deems to be more practical, in order to reduce the cost of living.
The abolishment of tolls was part of the government’s election manifesto, among other pledges including the removal of the goods and services tax.
to datuk calvin,i made the wrong choice of your pick between bpuri at 25cts and jcy at 26cts.i bought bpuri at 25 and sold back at 25.if bought jcy at 26 now 34 can sell som som
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....
KLCI King
3,220 posts
Posted by KLCI King > 2018-02-28 20:36 | Report Abuse
Calvin Tan, from 50cents until now, is it called SOLID performane? I wonder how do you define "HARDLY GO DOWN ANYMORE"?
You are right on DRB Hicom, What about MRCB?