Posted by ThegreedZ > 2020-04-07 11:08 | Report Abuse

flying little bit now

Posted by Stocks88 > 2020-04-07 20:06 | Report Abuse

London roll? Then voluntary winding ?

Posted by Junx Leow > 2020-04-07 23:21 | Report Abuse

High TP from bank, but still can't fly much

Posted by Godofgambler > 2020-04-12 01:48 | Report Abuse

One day will fly dunnp when

Posted by jutawansenyap > 2020-04-15 02:15 | Report Abuse

Next PN17

Posted by rusy > 2020-04-15 09:17 | Report Abuse

Sudah naik..target price tinggi tu..

Posted by limiklimik > 2020-04-15 10:24 | Report Abuse

First movement in a long time. Why?

Posted by Godofgambler > 2020-04-15 10:48 | Report Abuse

Cruise terminal project about to start despite covid19
Preparation of cruise terminal now for tourists in June.
World covid19 expecting recovery soon.

Posted by Godofgambler > 2020-04-15 10:50 | Report Abuse

Will see Yongtai at 0.30 soon
If after 8 billion project completion Tp1.0.

Posted by foo > 2020-04-15 11:26 | Report Abuse

Which companies on Bursa have high cash and low debt
KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days.
The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn.
Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink.
Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities.
Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies.
Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion.
Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data.
It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap.
A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development.
Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements.
On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers.
Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd.
As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers.
There are also lesser-known small-cap companies that are cash-rich with sturdy past operations.
As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown.
The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible.

Posted by ivanlau > 2020-04-15 11:55 | Report Abuse

wow....... share market now really like money game market......let us goreng goreng goreng......................

Posted by Godofgambler > 2020-04-15 12:00 | Report Abuse

Yongtai 8 billion worth of projects will reflect its share value...
After 8 billion completion we will see Yongtai at 0.80

Posted by zying > 2020-04-15 13:45 | Report Abuse

wht happen to yongtai

Posted by rusy > 2020-04-15 14:03 | Report Abuse

Naik 10sen pun dah kira bagus..80sen tu jauh sangat..

Posted by RioStock > 2020-04-15 15:27 | Report Abuse

take time to recover...

Posted by 123tyH456 > 2020-04-15 16:03 | Report Abuse

buy when market crash before lockdown...buy at 10 sens, 9 sens and 7.5 sens,avg price at 9 sens...and unexpected bank force selling shares hold by MD...price rocket down from 10 sens to 4 sens...bad investing. guru up there, any advised ?

Posted by Stocks88 > 2020-04-15 17:15 | Report Abuse

Big player in market...Ikan bilis need careful....

Posted by shacarlos > 2020-04-15 17:28 | Report Abuse

hold ;-)

Posted by shacarlos > 2020-04-15 17:28 | Report Abuse

wait until end of april ;-)

Posted by Godofgambler > 2020-04-15 19:20 | Report Abuse

Yong Tai gets approval to develop international cruise terminal in Melaka. KUALA LUMPUR (Jan 21): Yong Tai Bhd says it has received greenlight from the Melaka state government to develop an international cruise terminal at its flagship RM8 billion mixed development, Impression City Melaka.Jan 21, 2020

Posted by Godofgambler > 2020-04-15 19:22 | Report Abuse

In conjunction with the approval, Yong Tai said it has entered into a memorandum of understanding (MoU) with Singapore Cruise Center Pte Ltd (SCC), in relation to the proposed engagement of SCC as the terminal's operator and manager.

Meanwhile, PublicInvest Research upgraded Yong Tai to “Trading Buy” at 13.5 sen with a target price of 23 sen after Yong Tai announced overnight the planned development of an international cruise terminal at its Impression City development in Melaka Tengah, as well as the entering into of a Memorandum of Understanding (MOU) with Singapore Cruise Centre Pte Ltd (SCC) for the latter to act as terminal operations and management consultant.

In a note today, the research house said it was excited over this development, and sees this playing a significant part in the turning around of Encore Melaka’s prospects which has been plagued by lower-than-expected ticket sales.

It said while still very much early days, it nonetheless believes the worst is likely behind Yong Tai and sees this as marking the Group’s long but certain trek back in terms of regaining investor confidence.

“Our earnings estimates are left unchanged, with target price of 23 sen (70% discount to 76 sen sum-of-parts valuation) also retained.

“We raise our call to Trading Buy in light of this positive development.

“We continue to see value in its long-term proposition, with near term confidence depending largely on the speed in which it manages to turn around its Encore Melaka theatre,” it said.

Posted by Godofgambler > 2020-04-15 19:33 | Report Abuse

123ty..
Keep till covid19 over..then wait those tourists come back...sure will fly..
Second keep till new international cruise open..
If cruise got casino inside... Jackpot tp1.00 also mari.

Posted by Legend > 2020-04-15 22:38 | Report Abuse

Wait...jgn angan2 kuat.

Posted by rusy > 2020-04-16 10:30 | Report Abuse

Tidur pulak today..

Posted by rusy > 2020-04-16 12:29 | Report Abuse

Sesi petang maybe rebound

Posted by 123tyH456 > 2020-04-16 14:39 | Report Abuse

thx old bird guru advised up there....abit worry as rumous that this counter may be fall to PN17 ....but base on my finding, the group should be able to sail thro...

Posted by rusy > 2020-04-16 14:58 | Report Abuse

Apasal pulak pn17..aset byk le.bisness bukan risiko mcm oil and gas..

Posted by 123tyH456 > 2020-04-16 15:06 | Report Abuse

tq for advised / comment Godgambler, Legend...

Posted by alvin5588 > 2020-04-16 15:48 | Report Abuse

one day show...

Posted by ahfad > 2020-04-17 11:25 | Report Abuse

Jual dulu. May mesti jatuh banyak. Sell on May bro/sis

Posted by rusy > 2020-04-17 13:11 | Report Abuse

Bln mei ramai jual ambik untung buat raya..

Posted by shacarlos > 2020-04-17 15:18 | Report Abuse

hold. ;-)

Posted by ikanbilisgg > 2020-04-17 18:02 | Report Abuse

banyak scammer kat sini, berhatix2 membeli-belah ya.
Jangan kena trap tak dpat lari

Posted by Godofgambler > 2020-04-17 19:06 | Report Abuse

Tmottoppooppwwwwww
Flyyyyyyyyyy
Tp0.30

Posted by rusy > 2020-04-19 19:03 | Report Abuse

Besok panic buying maybe..dji naik banyak penutup minggu lepas..

Posted by cytew > 2020-04-19 19:39 | Report Abuse

next tp 13 sen

Posted by 123tyH456 > 2020-04-19 20:31 | Report Abuse

hi cytew, looks like you are very positive on this counter with tp 13 sen....would you mind to offer or share your secret info how you arrived the tp which are base on fundamental or technical or other type analysis ?

Posted by rusy > 2020-04-19 21:39 | Report Abuse

Target price dari pakar2 analysis public bank 27feb 15sen..

Posted by Citadel12 > 2020-04-19 21:41 | Report Abuse

tp RM 5

Posted by rusy > 2020-04-19 22:36 | Report Abuse

Hahaha 5rm..10 thn lagi

Posted by ahfad > 2020-04-20 11:37 | Report Abuse

Nak beli tunggu bulan Jun ke atas. Not now

Posted by bullSnbearS > 2020-04-21 14:59 | Report Abuse

What fundamentals? The Encore dancers all contract no renew. Semua hantar balik. How to start again? CEO last time say if economy no good for development this can earn money.

Before corona also ticket sales already bad. How to cover 100 millions loan from Bank of China from ticket? Cannot. Means Encore lose money.

Development also very quiet. The project in Melaka all very slow. Macam mana?

Posted by Lucky81 > 2020-04-21 15:00 | Report Abuse

tutup kedai.

Posted by bullSnbearS > 2020-04-21 15:14 | Report Abuse

Before MCO I go Melaka for meeting. I drive to Impression City, there 2 project only 1 up till maybe 15 story high. One more still low. If you check, they sell in 2018 so must give key in 2021. How to give on time?

I go pass that town projek call Apple, I see also very slow la.

If cannot do Encore how to do cruise terminal? Some people here always say buy la, go up la. Don’t simply tipu. Tak bagus tau.

Posted by rusy > 2020-04-21 15:16 | Report Abuse

Mana blh tutup kedai.aset byk tu..

Posted by ivanlau > 2020-04-25 21:41 | Report Abuse

buy lah .... buy lah, FB sochai " wuchang" also buy call this stock, in this world no lack of sohai....

Posted by shpg22 > 2020-04-26 19:33 | Report Abuse

Encore is not total lose. Still can scrap its aluminium panel, glasses and structural steel

Posted by sell > 2020-04-27 21:09 | Report Abuse

Encore will go bankrupt on MCO. 7 sen sell is better than less.

Posted by bullSnbearS > Apr 21, 2020 2:59 PM | Report Abuse
What fundamentals? The Encore dancers all contract no renew. Semua hantar balik. How to start again? CEO last time say if economy no good for development this can earn money.

Before corona also ticket sales already bad. How to cover 100 millions loan from Bank of China from ticket? Cannot. Means Encore lose money.

Development also very quiet. The project in Melaka all very slow. Macam mana?

Posted by Citadel12 > 2020-04-27 21:15 |

Post removed.Why?

Posted by Legend > 2020-04-27 22:04 | Report Abuse

Go other counter dulu la...