Posted by joyvest > 2024-02-03 10:27 | Report Abuse

Why are the Heavy weight figures coming here ? It is because it is more " fun "over here as compared to elsewhere. No grudge , No gagging order, No allegation , No accusation , No animosity, No slanders , No defamation, No discrimination , No prejudice, No atrocity in terms of speech.

Posted by joyvest > 2024-02-03 10:29 | Report Abuse

Talking on paper gives you a gleam of hope.... A gleam of hope is thousand times better than no hope at all...

Posted by Felix888999 > 2024-02-03 11:27 | Report Abuse

Talking on paper is equivalent to blowing water. Licker didn't check how many profitable companies in KLSE still on single digit PE.

Posted by joyvest > 2024-02-03 11:41 | Report Abuse

Licker got the point.Just look at Jaks where it has fantastic PE , PBT, NTA, EPS but share price has been stagnant at 18c for donkey year.....................Why ? You tell me why or you want me to tell you why ??

Posted by joyvest > 2024-02-03 11:42 | Report Abuse

Talking on paper is not baseless but it remains to be seen whether it will be materialised or not. The chances are there....

Posted by joyvest > 2024-02-03 11:48 | Report Abuse

Future prospects is the key to the appreciation of share price....but the past events and certainly not the current events which many forumists like to blow out of proportions......

Posted by joyvest > 2024-02-03 12:01 | Report Abuse

Amazing.... . It is where the big money is landed and spent eventually.. It is clear that their loyalty is fruitfully rewarded.....................

Posted by Eagle77 > 2024-02-03 12:18 | Report Abuse

Every forum got 2 parties one is PH and the other one is PN 🤣🤣🤣

Posted by Eagle77 > 2024-02-03 12:20 | Report Abuse

Monday LD or LU i am happy because when down I can buy in if up I enjoy the profits 🤣🤣🤣 strike both 😎🤞

Posted by Eagle77 > 2024-02-03 12:25 | Report Abuse

4 Weeks Range
0.235 - 1.20

52 Weeks Range
0.115 - 1.20

Posted by Mikecyc > 2024-02-03 12:28 | Report Abuse

Armada



My post dated Oct2019 , do own homework n update :

w 1) total debt?? 11.5 bil


>>Update : FY19 total asset is reduced 1.56 billion to 13.98 billion compared to FY18 , total liability is 10.77 billion .

>>> FY21 Q1 : Total asset is 12.82 billion . Total liability is 9.40 billion ...


2.) gearing : 2.7X become 2.8 X to 2.6 X to 2.53 X

FY21 Q1: Borrowing = 8.64 billion
Total equity = 3.42 billion

>> Update : PublicInvest Research analyst Nurzulaikha Azali said Bumi Armada’s net gearing of 2.8 times with total debt of RM9.4 billion as at June 2020 remains the key concern. Notably, RM679.6 million in unsecured term loans are due in May 2021, with cash currently at RM849.5 million.

: 另外，该公司净负债率在第三季下降至2.6倍，接下来估计会继续降低，而首9个月营运现金流按年改善19.4%，我们认为在还债方面没问题；明年5月有一笔6亿5600万令吉短期无抵押贷款将到期。



3) Claire material ligitation ?? Uncertain to win as the new company take over follow fixed contract term to terminate contract . Option contract signed or not ..big ?? New company so confident to terminate the order??Armada buy time only...

>>Update : Armada Lost Claire court case ..

6) 2011 relisted..2012 to 2014 make profit..2015 to 2018 make loss ..also make impairment rm 4.4 bil in 4 years..so fishy where r the money gone ??

7) The big boss AK being sue by India government in 2014...and 2015 start Armada make losses..

8) the big boss sue by India government together with Astro ex deputy executive chairman on Maxis money flow to India 5 times more than permitted.how..india minister father n son being sued also on corruption.

9) AK investment in India Aircel rm 25.7 bil go to drain as Aircel is apply insolvency bankrupt with debt rm 11.88 bil ...Aircel had sacked 2000 employee on August'2019..Maxis is Aircel ownership of 74%..

Haha the New CEO is keep selling asset …

Posted by Mikecyc > 2024-02-03 12:30 | Report Abuse

Jaks non current asset


Refer QR ended March 2023 :


Non Current Assets :


PPE. 273,041,000


Investment Properties 594,321,000


Investment in Joint Venture. 829,105,000



—

Refer QR ended June 2023 :



Non Current Assets :


PPE. 278,626,000

Investment Properties 590,929,000

Investment in Joint Venture. 861,417,000


===


Note : Compared 2QR to 1QR >>


A) PPE : increased RM 5,585,000 👍


B) Investment Properties : Decreased RM 3,392,000 👍


C) Investment in Joint Venture. : Increased RM 32,312,000 👍

——

Reserves . : 24,909,000


> Accumulated Profit : 343,661,000. ( 1QR 324,951,000 ) ( Audited as on December 2022 is RM 310,874 ,000 )

Gearing Ratio : 0.362X

—

Haha Jaks got 2 Cash Cow Projects with Commercial Operating Date : 



1) Vietnam Power Plant : January 2021 with 25 concession years tenure . 



2) Local Solar LSS4 Project : 21 August 2023 with 25 concession years tenure .


>>


1.) Vietnam Power Plant Share of Profit n Dividends :


2020 : RM 3.8 million ( 1 Power Plant is COD on Nov 2020 )


2021 : RM 140.7 million ( The 2nd Power Plant is COD on January 2021 ) .


2022 : RM 156.2 million , Dividend RM 70.0 million


2023 : 1QR = RM 28.326 M , 2QR = RM 32.312 M , 3QR = RM 35.862 M



___

Jaks Annual Revenue and Net Profit / ( Loss ) :


1.) FYE2020 : RM 259.4 million with Loss ( RM 80.5 Million. )


2.) FYE2021 : RM 109.7 million with Net Profit RM 51.9 million.


3.) FYE 2022 : RM 89.8 million with Net Profit RM 53.5 million.


4.) FYE 2023 : 1st Half Revenue RM 17.47 million with Net Profit RM 33.19 million.


>>👉 1QR is Profit RM 14.08 million , 2QR is Profit RM 19.11 million , 3QR is Rm 7.15 million…

Posted by Mikecyc > 2024-02-03 12:34 |

Post removed.Why?

Posted by Eagle77 > 2024-02-03 12:35 | Report Abuse

SCIB Price Record

Lowest: 0.115 ⬇️
Highest: 1.20⬆️
Present: 0.375 💥🔫

What’s next TP???

Posted by Eagle77 > 2024-02-03 12:37 | Report Abuse

Reneuco breaks historical lowest price 0.15 to 0.08 recently 💥⬇️

Posted by Mikecyc > 2024-02-03 12:41 |

Post removed.Why?

Posted by xiaoeh > 2024-02-03 12:49 | Report Abuse

interesting...
Where is your team mate i3Lurker?
You have attracted team mate from Jaks flying over here...

Posted by Eagle77 > 2024-02-03 12:49 | Report Abuse

So many commentators with different views on SCIB here so what is the correct direction of the investor whether buy in or sell off???

CNY is coming so sell some for pocket money to celebrate guys 🤣🤣🤣😎🤞

Posted by Mikecyc > 2024-02-03 12:54 | Report Abuse

Haha Ahboyy Koni3lurkker loss naked also in HSI …

So fast deleted yr posts in Insas … beware of Koni3lurkker…

Posted by Mikecyc > 2024-02-03 12:56 |

Post removed.Why?

Posted by Felix888999 > 2024-02-03 13:17 | Report Abuse

Licker before you enjoy the super growth cycle could you tahan the share price drop below 52 weeks low first? 0.115 is the 52 weeks low. 🤣🤣🤣🤣

Posted by Felix888999 > 2024-02-03 13:22 | Report Abuse

Speaking about Bumi Armada, she is my lucky star. One of my most successful investment so far. If you bought Armada during Covid crash at 0.125 now you already have 340% gain. (During the peak last year was 460% gain).

Posted by Eagle77 > 2024-02-03 13:23 | Report Abuse

Next banyak orang jual sudah mahu CNY maaa….banyak mahu pakai duit looo..🤣🤣🤣

Posted by Eagle77 > 2024-02-03 13:28 | Report Abuse

If up to 1.20 ⬆️ I’m happy and if down ⬇️ to 0.115 I’m happy also to buy in…so up or down means nothing to me too 😎🤞

Posted by Felix888999 > 2024-02-03 13:29 | Report Abuse

Yalah sudah mati pucuk, money for you is no meaning already. You just have to keep some for your doctors and your final days.

Posted by i3lurker > 4 minutes ago | Report Abuse

money means nothing to me.

up or down no meaning

Posted by Eagle77 > 2024-02-03 13:30 | Report Abuse

So in Malay they say, “naik turun lu punya pasal bukan saya punya” 🤣🤣🤣

Posted by Felix888999 > 2024-02-03 13:33 | Report Abuse

SCIB first round goreng during 2021 bonus split period, crashed after Serbak dynamic scandal. 2nd round goreng after new management on boarded. Now big crash after recent limit down.

This counter going to continue going down before the 3rd round goreng. You keep average down just like thus people average down glove counters in 2021 and 2022. 🤣🤣🤣🤣🤣

Posted by StartOfTheBull > 2024-02-03 13:44 | Report Abuse

Straight away down 3c upon land acquisition announcement, this was a very first negative reaction. Bank loan drawdown starting before 30 June this year while new factory only expected to be completed first quarter of next year, therefore more finance costs incurred and that may turn company from profit to loss.
TP below 20c at end of 2024.

Eagle77

1,989 posts

Posted by Eagle77 > 53 minutes ago | Report Abuse

SCIB Price Record

Lowest: 0.115 ⬇️
Highest: 1.20⬆️
Present: 0.375 💥🔫

What’s next TP???

Posted by Felix888999 > 2024-02-03 13:47 | Report Abuse

Bank loan drawndown so early to solve current cash flow problem?

The price going to fall to the point where you lose all your confidence, fall to the point where you can't believe. Good luck!

Posted by Sslee > 2024-02-03 13:50 | Report Abuse

Finally our i3 Simon Cowell:
The one and only one i3lurker blunt, controversial, bitingly critical, sarcastic, sharp-tongued, wisecracks and likes to trash talking every stock in i3 has tables turned on him.

Anyway I think i3lurker handle the situation very well.😁🤣👍👌

Posted by Mikecyc > 2024-02-03 14:31 |

Post removed.Why?

Posted by Mikecyc > 2024-02-03 14:33 | Report Abuse

1st Lies :

Stock: [INSAS]: INSAS BHD
hours ago | Report Abuse


Haha wow KonLee is an “ Attention Seeker “ .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Callvin with invested RM 5000 …


Then KonLee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …


—-


Conartist Callvin n kon Stockraider had been Promoted Netx ( 1 of 46 Con stocks ) since 2019 until early 2021 ..

Posted by Mikecyc > 2024-02-03 14:35 |

Post removed.Why?

Posted by Mikecyc > 2024-02-03 15:17 | Report Abuse

Stock: [INSAS]: INSAS BHD
20 hours ago | Report Abuse
Sarawak Consolidated Industries Bhd (SCIB) deems the RM21.62 million cash it plans to fork out for five leasehold plots in Demak Laut Industrial Park in Kuching, Sarawak, as “fair and reasonable”, after taking into account the prices of comparable properties in the same location.

👉It also noted that it has no authority to respond on behalf of the department and the Sarawak state government in regards to exempting the group from having to pay the fourth and fifth instalment payments for the land — RM7.44 million in total or 34.4% of the total price tag — in the event the factory is completed within three years. — SCIB defends land purchase without valuation as still ‘fair and reasonable’

Posted by StartOfTheBull > 2024-02-03 15:38 | Report Abuse

Accepted an offer to purchase land without reference to a valuation report. Thereafter replied to Bursa that the purchase is “fair and reasonable”, after taking into account the prices of comparable properties in the same location. 😂

Posted by Felix888999 > 2024-02-03 16:18 | Report Abuse

I don't understand purchase the land, build the new factory and relocate existing factory just to increase 30% capacity. If increase capacity by 100% can justify lah. Spent so much money just for 30% capacity increase. Management brain masuk water? Future profit margin going to drop because of additional depreciation cost and financial cost. 😐😐 Not good not good!

Posted by xiaoeh > 2024-02-03 16:53 | Report Abuse

it's weekend
to all the fighters

https://www.youtube.com/watch?v=BMOcXu-JheA

Posted by Eagle77 > 2024-02-03 16:57 | Report Abuse

Wow 😯 today only Saturday so busy this forum…I can’t imagine what going to happen on Monday 🤣🤣 LU or LD💥🔫

Posted by xiaoeh > 2024-02-03 17:27 | Report Abuse

i3Lurker
i don't know what it means
but
Yes Sir!

Posted by Eagle77 > 2024-02-03 17:33 | Report Abuse

Lastly, operators is cruel no mercy to shareholders that the conclusion when SCIB plunged from 1.20 to 0.235 within 3 consecutive days LD 😠😡🥵

Posted by Mikecyc > 2024-02-03 17:41 |

Post removed.Why?

Posted by joyvest > 2024-02-03 17:56 | Report Abuse

As a matter of fact,the sarawak land survey depth has their own valuers to value the land objectively. If you don't agree to their valuation, you arenar liberty to engage your own valuers to challenge theirs. So no big deal

Posted by joyvest > 2024-02-03 18:25 | Report Abuse

https://theedgemalaysia.com/node/699685

Posted by Michael Kwok > 2024-02-03 18:35 | Report Abuse

Price 37.5 cents
Though lge say this counter got ong.huat ah.when i put tht high majority this counter will up.
3/2/24 6.34pm

Posted by Felix888999 > 2024-02-03 19:31 | Report Abuse

Relocate to new factory for just 30% capacity increase for someone`s oil and water ??

Posted by Felix888999 > 2024-02-03 19:32 | Report Abuse

What monopoly product? from Middle East again🤣🤣🤣🤣

Posted by Felix888999 > 2024-02-03 19:33 |

Post removed.Why?

Posted by Felix888999 > 2024-02-03 19:37 | Report Abuse

Probably management bought that piece of land to keep non movement concrete slabs. You are right this storage needs huge land space bulky products ma. 🤣🤣🤣🤣

Posted by StartOfTheBull > 2024-02-03 19:37 | Report Abuse

Licker, the big blower king.


i3lurker

13,155 posts

Posted by i3lurker > 2 hours ago | Report Abuse

xiaoeh
You keep quiet
dun tell your BFF what is the mystery product
or else I pee & poo on your river 😣

Posted by joyvest > 2024-02-03 19:56 | Report Abuse

Since SCIB can get the land below market value,there is no need for them to seek independent valuation...