Posted by dompeilee > 2016-08-16 11:42 | Report Abuse

Sunright = one buyer just makan 50,000 shares at 32c, another new 5 year high!!! Another 130,000 Q-ing to sell there...anyone ? :D

Posted by resilient911 > 2016-08-16 11:44 | Report Abuse

the sun is so bright....

Posted by resilient911 > 2016-08-16 11:44 | Report Abuse

uphill like initial D..

Posted by dompeilee > 2016-08-16 11:45 | Report Abuse

Oops...130,000 @ 32c also finish makan already :D

Posted by dompeilee > 2016-08-16 11:47 | Report Abuse

Wow 60,000 @ 32.5c also walloped already lol

Posted by dompeilee > 2016-08-16 11:52 | Report Abuse

Another 60,000 Sunright @ 33c also finished...very exciting! :D

Posted by musangfoxking > 2016-08-16 12:00 | Report Abuse

wat is sunright?

Posted by resilient911 > 2016-08-16 12:10 | Report Abuse

all the way up?

Posted by Contender > 2016-08-16 12:11 | Report Abuse

sunright the holding co of KESM

Posted by paperplane2016 > 2016-08-16 12:11 | Report Abuse

10

Posted by Ckk2266 > 2016-08-16 12:13 | Report Abuse

Sold the balance @ 8.16

Posted by paperplane2016 > 2016-08-16 12:14 | Report Abuse

if Gkent can return 60%, KESM should return 120% YTD.

Posted by dompeilee > 2016-08-16 13:12 | Report Abuse

Sunright 33.5/34.0c now! :D

Posted by Kad Al > 2016-08-16 13:13 | Report Abuse

wow

Posted by Kad Al > 2016-08-16 13:14 | Report Abuse

bought sunright...i should b right

Posted by Midascapital > 2016-08-16 14:01 | Report Abuse

Sunright holds 48% ownership in KESM, currently trades at SGD$0.34 (market cap of SGD41m ~RM120m)

KESM market cap is currently RM352m, meaning the 48% ownership stock is worth RM352m x 48% = RM169m

Just valuing Sunright solely based on their holdings in KESM (ignoring the remaining business), RM169m/122.8 shares = RM1.38/share

RM1.38 per share is equivalent to SGD$0.46 for Sunright.

You therefore get a cheaper proxy to KESM, AND you get the remainder of Sunright’s businesses for free!)

Posted by paperplane2016 > 2016-08-16 14:07 | Report Abuse

well, maybe not so simple.
What if KESM price lower , and forex exchange.

Posted by Midascapital > 2016-08-16 14:16 | Report Abuse

True, but those are variables which we cant predict.
The simplistic example i gave is on an As-is basis.

Posted by Midascapital > 2016-08-16 14:23 | Report Abuse

Good thing also is that Sunright announces their results on a semi-annual basis.
Recent filing was for the 1st Half ending 31st Jan..
So whatever results that KESM comes out with, investors will have at least a 3 months lead before Sunright announces theirs.
Some safety net there :)

Posted by resilient911 > 2016-08-16 14:55 | Report Abuse

saw the sky because there is no roof…
beating the height

Posted by dompeilee > 2016-08-16 15:01 | Report Abuse

Midascapital summarised it perfectly. Also summarizes why I accumulated Sunright shares for the past 7 months... :D

Posted by stevkok > 2016-08-16 15:03 | Report Abuse

@Midascapital, what if the rests of the businesses run by Sunright are not so right leh, ie. losing money? Will your assumption still hold water?

Posted by dompeilee > 2016-08-16 15:38 | Report Abuse

Profit-taking...back to 8.00

Posted by dompeilee > 2016-08-16 15:59 | Report Abuse

The incredible Sunright! KESM down but it keeps going...now 34.5 / 35.0

Posted by Kad Al > 2016-08-16 16:12 | Report Abuse

Sunright...sun is bright

Posted by paperplane2016 > 2016-08-16 16:54 | Report Abuse

again. profit taking kick in. Then new high and high again

Posted by paperplane2016 > 2016-08-16 17:05 | Report Abuse

ya hoh. tiny little 22 mil. why ppl so stupid give TP RM11, me more stupid TP RM16 o, all fund managers stupid ho.

Posted by paperplane2016 > 2016-08-16 17:07 | Report Abuse

my golden rule still: Cut loss, don't stop GAINS.

Thts how I get to reserve 100% on Genting-WA, Superln, Airasia

Posted by paperplane2016 > 2016-08-16 17:42 | Report Abuse

yeah? I like lousy counter. I pick KESM tht time 4 plus also ppl said lousy stock.

Posted by paperplane2016 > 2016-08-16 17:47 | Report Abuse

me mediocre person. of course pick mediocre stock return <100% a year

Posted by paperplane2016 > 2016-08-16 17:52 | Report Abuse

net profit 22 m, cash flow generated 60m 1st 9 months.

Every yr 70-80m from cash of operation, where to find such good cash cow with 43 mil shares outstanding.

churning cash RM1.60-1.80 every yr. even with 8 now, you need less than 5 years to get your cash return if you buyout the whole 100% company now.

Normally, logically speaking, 8-10years make more sense loh. Tht''s why 1.60*8=12.80 or 1.60*10=16 make sense loh.

Even more beauty it is NET CASH mah

Posted by paperplane2016 > 2016-08-16 17:53 | Report Abuse

let me say, RGB has similar potential loh. Net cash and COF keep churning damn good cash

Posted by paperplane2016 > 2016-08-16 17:56 | Report Abuse

what you want me to share? FUTURE? look at what KESM do, how they charge customers

Posted by Midascapital > 2016-08-16 18:17 | Report Abuse

u have bulls, and u have bears. Thats what makes a market. Personally, I am positive on its prospects, and hope that when company pees, it would be liquid GOLD for investors.

Posted by 陈炎 > 2016-08-16 19:37 | Report Abuse

Finally pakar pakar diatas kesm still can hold or not?

Posted by 陈炎 > 2016-08-16 19:44 | Report Abuse

Sostupid 你有微信号吗？

Posted by 陈炎 > 2016-08-16 19:58 | Report Abuse

I don't want share split. How about bonus issues

Posted by 陈炎 > 2016-08-16 20:00 | Report Abuse

If can I don't want bonus too.! Sostupid what u think the coming QR will show good result not?

Posted by 陈炎 > 2016-08-16 20:28 | Report Abuse

But kesm shares about 43m only example let say profit Rm 1 分给十人，一人得十分但分给一佰人，一人才得一so company big or small not a point, important company can make more profit. If bonus nsplit share become more n profit still maintain I rather no want 不是这样说吗？

Posted by musangfoxking > 2016-08-16 20:30 | Report Abuse

big or small dosent matter, more importantly look at the EPS!!!!!

Posted by dompeilee > 2016-08-16 20:35 | Report Abuse

dompeilee I'm sooo happy I bought MORE Sunright shares @ 25c...just BEFORE the price started to creep up higher only a few days ago :D
27/07/2016 11:53

Posted by 陈炎 > 2016-08-16 20:37 | Report Abuse

But problem now y kesm surge so high if not have good news for support it like bonus let say coming eps is about 20 Sen so 1 year about 70 Sen n now follow today closing price pe about 10 already , already show it nilai .can say like that not sifu?

Posted by 陈炎 > 2016-08-16 20:42 | Report Abuse

N at this moment talk any nonsense not use what rm11, rm16 all rubbish if can let us know coming eps good or not n y?

Posted by resilient911 > 2016-08-16 20:42 | Report Abuse

kesm is brightening because of its value…

Posted by 陈炎 > 2016-08-16 20:44 | Report Abuse

What value? Sorry

Posted by paperplane2016 > 2016-08-16 21:09 | Report Abuse

Why my comment gone

Posted by resilient911 > 2016-08-16 21:15 | Report Abuse

Nobody could tell you the value…
Even a fortune teller…
When stock rise and you the paper value…
When you take profit and that it is the value you valuate it…
Stock market is demand and supply basic…
All fund manager will look at the demand supply to valuate the value intended…

Posted by musangfoxking > 2016-08-16 21:46 | Report Abuse

AT WORST 2 SILVERS, AT BEST 2 GOLDS!!!!!!!!!!!!!!!!!!!

Posted by paperplane2016 > 2016-08-16 22:59 | Report Abuse

Walao. Don't scare me. Today 14jul

Posted by resilient911 > 2016-08-16 23:10 | Report Abuse

泄露天机该当何罪！