Posted by HC Lee > 2014-05-09 16:12 | Report Abuse

If MAS goes bankrupt...Bramin may be affected badly...i think insiders are selling...price looks weak.

Posted by Zai Zai > 2014-05-09 16:24 | Report Abuse

got transaction insider at price 2.20.

Posted by Tornado > 2014-05-09 16:25 | Report Abuse

@HC, do not worry , if MAS file for bankruptcy it will be better for Malaysian airlines.
@Zy, when I say trivial I mean the div payout is trivial since it is only RM2.50 for 1000 shares.

Posted by Stockman > 2014-05-09 16:30 | Report Abuse

Happy weekend. Next week go up

Posted by alphajack > 2014-05-09 18:31 | Report Abuse

All chillax..Brahims still a very good stock. Will come soon..wait for it..

Posted by Tornado > 2014-05-09 22:59 | Report Abuse

looking for timing to buy

Posted by alphajack > 2014-05-10 18:02 | Report Abuse

top up mode BUY BUY BUY

Posted by weijian > 2014-05-11 09:26 | Report Abuse

Ex date just past....... People selling off, opportunity.

Posted by Jawahar Hassan > 2014-05-11 20:03 | Report Abuse

price dropping because of ex date?...dividend is a just small fraction ..if you have 100k shares worth about RM 220,000(current rate)..dividend just rm250(two hundreds fifty only) ..unlikely price dropping because of exdate...

Posted by cheeselord > 2014-05-11 20:09 | Report Abuse

Collection time! Storm the front!

Posted by veln82k6 > 2014-05-11 20:27 | Report Abuse

Buying mode now...buy on weakness

Posted by veln82k6 > 2014-05-11 20:28 | Report Abuse

Should rebound tomorrow ..

Posted by johnny cash > 2014-05-11 21:53 | Report Abuse

https://www.facebook.com/photo.php?fbid=787996704544941&set=np.85775618.100002496753938&type=1&theater&notif_t=notify_me

HOW FAR CAN IT GO DOWN,,,CHARTWISE... Hope it is helpfull

Posted by Tornado > 2014-05-12 08:47 | Report Abuse

I think recent plunge is due to a chain reaction, the bleak future of Mas is affecting Brahims.

Posted by Tina Khoo > 2014-05-12 10:02 | Report Abuse

Brahims keep dropping this 2 days...

Posted by HC Lee > 2014-05-12 10:07 | Report Abuse

MAS now renegotiating contracts with all suppliers including Brahim...that's why it drop. Lucrative contracts signed with cronies companies are now relook...MAS is looking at survival now...not helping cronies anymore.

Posted by zylkron > 2014-05-12 10:18 | Report Abuse

Thats what they say. contract is worth 2.65 bil worth 260mil per year non negotiable. how much would it cost to terminate this? :p chill this is time to collect

Posted by Tina Khoo > 2014-05-12 10:59 | Report Abuse

I am sure Brahims still got strong fundamental ..which can boost up the share price. Dont just rely on MAS. Hopefully some new big contracts otw.

Posted by alphajack > 2014-05-12 14:53 | Report Abuse

chill and hold..biz still ok..be like warren buffet, think long term..mr market just being a prick now

Posted by Tornado > 2014-05-12 15:16 | Report Abuse

Insiders' selling ?

Posted by Tornado > 2014-05-12 15:21 | Report Abuse

@Alphajack/Tina/Zylkron/Johnny
Any of you would care to help interpret below information:-

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): INTENTION TO DEAL DURING CLOSED PERIOD

BRAHIM'S HOLDINGS BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
INTENTION TO DEAL DURING CLOSED PERIOD
Description BRAHIM'S HOLDINGS BERHAD ("the Company" or "Brahim's")
- Notice of Intention to Deal in the Company's Securities during Closed Period


In compliance with Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), Brahim’s has received notifications on 6 May 2014 from Datuk Ibrahim Bin Haji Ahmad and Tan Sri Dato’ Mohd Ibrahim Bin Mohd Zain of their intention to deal in the securities of the Company during closed period. The closed period shall commence from 28 April 2014 pending the release of its first quarterly results for the period ended 31 March 2014. Details of their shareholdings as at the date of notification are set out below:-
Directors



Direct Interest
Indirect Interest
No. of ordinary shares of RM1.00 each held
%
No. of ordinary shares of RM1.00 each held
%
Datuk Ibrahim Bin Haji Ahmad
-
-
100,005,000 [1]
42.32
Tan Sri Dato’ Mohd Ibrahim Bin Mohd Zain
-
-
75,005,000 [2]
31.74

[1] Deemed interested in shares by virtue of his shareholdings in IBH Capital (Labuan) Limited and Fahim Capital Sdn Bhd (a shareholder of Brahim's International Franchises Sdn Bhd) pursuant to Section 6A of the Companies Act, 1965.

Posted by cirref > 2014-05-12 16:16 | Report Abuse

no more gov aid for MAS and survival in limbo, not looking good here

Posted by traderman > 2014-05-12 16:41 | Report Abuse

no more rm50 for a naked nasi lemak

Posted by doodles > 2014-05-12 20:53 | Report Abuse

Time to get in!

Posted by Tina Khoo > 2014-05-12 22:50 | Report Abuse

Tornado...I'm not familiar with wat u posted regarding intention to deal during closed period...mayb other sifu can help up. :)

Posted by Tina Khoo > 2014-05-13 01:34 | Report Abuse

http://stock.osfvad.com/stock_financial_summary.php?stockname=BRAHIMS&fb_action_ids=550302771729610&fb_action_types=og.recommends&fb_source=other_multiline&action_object_map=%5B10150727411452587%5D&action_type_map=%5B%22og.recommends%22%5D&action_ref_map=%5B%5D

Posted by slts > 2014-05-13 09:24 | Report Abuse

possible catering contract to
be reviewed
50 nasi lemark to 5
dead stock..better abandon it

Posted by alphajack > 2014-05-13 22:39 | Report Abuse

The only reason why the share plunge lately is because of yet again another false report by Chinese newspapers on Brahims, just like they had done last time to GHLs by calling it a PN17 company. And you know la, usually bad news in Chinese papers can impact share prices a lot, which explains the huge decline.
In actuality the contract is still on and will be on for some time (1 year+) because of the huge default fees. if they terminate contract, Brahims will get a lot of cash and shareholders can pump that shit and increase share price again and now that they have the sugar company and Labuan contract why do they really have to worry. Pleasela, for those who already at the reds, I urge you to HOLD until you break even, if you wanna sell all you can go ahead but at least don't incur losses that are unnecessary because of false news, rumors and fear. This stock is still good and come Q results, it will shoot back to previous highs. Mark my words.

Posted by alphajack > 2014-05-13 22:41 | Report Abuse

By the way intention to deal during closed period is common before reporting earnings. It does not imply anything out of the ordinary at all. I am an investment banker so I know all these. Ok, nothing to worry there.

Posted by AyamTua > 2014-05-13 22:41 | Report Abuse

nasi kari ayam
nasi fish
kikiki

Posted by CT Ong > 2014-05-14 00:18 | Report Abuse

MAS business units are segregated into two groups namely airline and non-airline related.
The parent airline, MASKargo and FlyFirefly make up the airlines related business, while the non-airline business segment includes its airport terminal services unit and MAS Engineering.


In addition, MAS also has non-controlling stakes in Brahim's Holdings (30%) and Kuala Lumpur Aviation Fuel Services (15%), a subsidiary of Petronas Dagangan Bhd.


If MAS go private ,Firefly, MAS Engineering and MAS Airport Terminal Services will be listed individually,

and MAS stockholdings in Brahim's and KL Aviation Fuel Services might be sold.


So MAS going private is imminent now as they have no option.


MAS has a 30% non controlling stakes in BRAHIMS so MAS is not going to kill the goose that lay the golden eggs.
BRAHIMS needs MAS and MAS needs BRAHIMS.


So there might be One way out, that is to collapse the structure to re-negotiate new contracts for suppliers, employees and everything else.



YES!, This is the UNCERTAINTIES that investors dread to think of, and i strongly believe that's the reason of the recent sell down.
Whatever the outcome (it might be the end of the month) BRAHIMS will be insulated from a great pain.

MAS needs BRAHIMS as this is the only fully Malaysianised operating the world’s largest halal flight kitchen where MAS has a non controlling stake . No HALAL caterer can do better than what is BRAHIMS doing now.They are the specialist and it's a fact that we cannot deny.

Before i go deeper do you know that MAS Catering was running losses to the tune of about RM200 million in 2003 from the business with negative shareholders' funds .BRAHIMS paid 175 Millions to take over the business. Well, no one could have believe that! MAS Catering needs a RESCUER!
It's a fact that MAS was RIPPED from the BOTTOM to the TOP!
Now, go on reading.......

Posted by CT Ong > 2014-05-14 00:21 | Report Abuse

BRAHIMS don't pluck the deal with MAS from the tree:

Here is a very plain and simple explanation how BRAHIMS acquired the F & B from MAS:

Initially it was how these Shrewd Conspirators work,

Tan Sri Md Nor Md Yusof (the architect of WAU), YB Tan Sri Mohamad Nor Yacob (the then Minister of Finance II, who was in charged of Khazanah under Badawi’s administration), Tan Sri Azman Mokhtar and the whizz kid En Mohammed Rashdan Yusof, the then consultants from BinaFikir Sdn Bhd) SOLD 70% share of MAS Catering Sdn Bhd (MCSB) to Gubahan Saujana Sdn Bhd (GUBAHAN).

GUBAHAN was incorporated on 18-06-2002. It is an investment holding company with no experience in airline catering services at the material time. GUBAHAN bought 70% of MCSB with a back to back exclusive agreement whereby MAS shall exclusively purchase all food supplies, beverages and all cabin related services for 25 years until 2028!

MAS entered into a lopsided catering contract with the then MAS Catering, which is now known as LSG Skychef Brahim’s, for 25 years with a total value of RM6.25 billion. It cost MAS RM250 million a year.MAS sold 70% of its equity in MAS Catering to Gubahan Saujana Sdn Bhd, which was controlled by Datuk Ibrahim bin Hj Ahmad Badawi.

GUBAHAN sold 49% of the 70% share in MCSB to LSG Asia GMBH, a company specialises in catering services for airlines which is related to LSG Skychef, a subsidiary of Lufthansa in Germany.

GUBAHAN sold the said 51% of its 70% share in MCSB for RM130 million to Tamadam Bonded Warehouse Bhd (TAMADAM) by way of issuance of new share. Tamadam is known as BRAHIMS today.

Now, Brahims has acquired LSG Asia's 49 per cent stake in BLSG for RM130 million at the last quarter of 2012.
With this acquisition, Brahim’s and its partner Malaysia Airlines have fully Malaysianised the operating of the world’s largest halal flight kitchen. This is in line with the national aspiration of positioning the aviation food services sector as a wholly Malaysian-owned business.

Take note: In 2003 MAS Catering, had incurred losses to the tune of about RM200 million from the business with negative shareholders' funds of about RM80 million. Strange? isn't it?
The stake was acquired by Brahim's-LSG Sky Chefs Holdings Sdn Bhd (BLSG), in which Brahim's owns 51 per cent while LSG Asia GmbH, the catering arm of Lufthansa AG, with 49 per cent.
Besides taking over the accumulated losses, BRAHIMS paid RM175 million upfront to take over the business. It was a rescue operation.

Recall this:

The government (at that time) under Tun Dr Mahathir Mohamad's administration had proposed that MAS stick to its core business of operating an airline and hive off the loss-making catering business.
Brahim's, manufacturer of famous household brand, Brahims, came in with a proposal and landed the deal to acquire 70 per cent of MAS Catering, now known as LSG Sky Chef-Brahim's Sdn Bhd (LSGB), from MAS in 2003.

About LSG Sky Chefs:
LSG Sky Chefs group is the global leader in airline catering and the management of all in-flight service related processes.
LSG Sky Chefs delivers 532 million meals a year, primarily for more than 300 airlines at 213 airports in 54 countries. In 2013, the companies belonging to LSG Sky Chefs Group achieved consolidated revenues of € 2.5 billion.

About BRAHIMS:
BRAHIMS, The group produces over 45,000 airline meals daily and operates 12 restaurants at the Kuala Lumpur International Airport, Penang International Airport and in the capital city. Together with its related companies in the Brahim's Dewina Group, the enlarged Group provides over 92,000 meals daily from 65 catering centers in Malaysia and Jordan, making it one of Malaysia's largest Halal food operator.

Imagine 45,000 meals daily. If we were to assume for a moment that the profit margin for each meal was RM3-00 per meal, BRAHIMS would have made a profit of RM135,000 daily on just the supply of meals alone. A monthly profit of RM4.05 million a month using 30 days as an average for easy calculation. RM48.6 million profit a year!!!
RM3 margin is my very conservative calculation and what about Beverages and other catering related services???
Now we know there's alot of MONEY here and how MAS Catering can managed to a loss is just MIND BOGGLING!!!

Posted by CT Ong > 2014-05-14 00:21 | Report Abuse

BRAHIMS Looking forward:

-9 Premium Restaurants in KLIA 2.

-Completion of its refinery sugar business end FY/15

-ANA catering JV with Tokyo Haneda and Narita Airport- to “halal-lise” ANA’s kitchen.

-substantial interest cost savings and enable the group to maintain its crucial syariah compliant status.

-Meanwhile, management guided that it still intends to undertake the issuance of Sukuk,
once market conditions are more conducive .The Sukuk issuance, if undertaken, will lead to further finance cost savings.

-the recently announced acquisition of PT Cardig Aero Services a food solutions and gateway services provider in Indonesia
–by SATS at 20x trailing FY13 P/E, to act as a benchmark valuation for the industry.
Note that Brahim’s is currently trading at only 20.4x trailing FY13 P/E, a shade cheaper despite its rosy longer term outlook.
currently the P/E ratio is 12.5

-Finalization of its JV agreement with DHYAFAT

-Brahim’s is planning to open 200 mobile carts in LRT stations.

-Logistic division continued to be profitable FY/14


This stock was shaken rudely twice for the past 2 years. The first was when LSG Asia did not honor the date of signing the sale of agreement of 49% to BRAHIMS in 2012.
The second shocked: BRAHIMS was jolted when rumors were rift that MAS was going to review BRAHIMS contract at the end of 2012. It did not materialize.
Could this be the third hiccup?


Like i said before, i have seen the worst of this stock and you need to have patience and perseverance.
I have been following this stock for 3 years. I really do lots of homework and research before i take the plunge as It's my hard earned money invested .
Hang there if you have faith, BRAHIMS will be back with a vengeance.



JUST njoy the IMBROGLIO of MAS and we will wait for the LIGHT.

Fingers Crossed.

No Pain No GAIN!

Posted by CT Ong > 2014-05-14 00:23 | Report Abuse

MAS needs a major shake-ups .

Many of the Group's in MAS business units are profitable and performing well. If they were to be listed as standalone companies this can unlock significant value for the shareholders.
Just take a look at Singapore Airlines (SIA) which have performed the strategy of breaking the group into separate standalone public listed companies with great success.
Many of SIA business units became separate standalone public listed companies, including SingaporeAirlines Engineering, SingaporeAir Lease and Singapore Airport Terminal Services.

Major Airlines on recovery route.

American Airlines

ON Nov 29, 2011, AMR Corp, the parent company of American Airlines and American Eagle, and certain of its US-based subsidiaries, filed voluntary petitions for bankruptcy protection.
American Airlines also took the rare move of negotiating with the unions before completing the merger. This allowed for collective bargaining agreement in the new company, and thus labour disputes would not be an issue in derailing the merger process.
AMR and US Airways Group completed the merger on Dec 9, 2013, with the new holding company American Airlines Group, Inc being listed on NASDAQ that day.



Japan Airlines

IN 2009, Japan Airlines (JAL) was on the verge of collapse under the weight of its US$26bil (RM83.2bil) debt, bloated workforce and redundant route network.
Its state-led turnaround story has been controversial, as it was one of Japan’s largest bankruptcies, and less than three years later was seeking for a relisting with a US$8.5bil (RM27.2bil) initial public offering (IPO). This was the second largest offering after Facebook’s US$16bil IPO in 2012.
In September 2009, Japan’s Ministry of Land, Infrastructure, Transport and Tourism formed a task force aimed at aiding a corporate turnaround at JAL.
For the next two years, it underwent a restructuring exercise which saw the company turn around and receive a capital injection of a 300 billion yen (US$2.95bil) credit line from the government. As a result of this, it slashed its workforce by a third, relieving some 15,000 employees from its 47,000 workforce. It slashed pension payouts and disposed of some 60 aircraft and 45 routes.
Some 500 billion yen worth of debt were forgiven. Overnight, the company transformed from lost cause to a market leader.
Net income for FY13 is USD171 Million.

Posted by CT Ong > 2014-05-14 00:24 | Report Abuse

PT Garuda Indonesia Persero

INDONESIA’S state-owned carrier Garuda Airlines decided to restructure in 2005 after the airline continued to bleed and needed more money to stay afloat.
After five years, the restructuring was completed in December 2010. Debt was brought from US$866mil to US$477mil and the airline was downsized with fewer number of employees. The support services for the airlines such as the maintenance, repair and operations were broken into stand-alone business units with their own balance sheet. This left the airline with only 5,000 employees operating the core business.
The restructuring paved the way for the listing of Garuda in February 2011. Net incomeFY13 is USD111 Million




Swissair Group

DUBBED as the “flying bank” because of its financial stability in the 1980s, this Pegasus of the European aviation industry went belly up in October 2001.
The slide began when it adopted the expansive “hunter strategy” in late 1990s and it was compounded with economic downturn due Sept 11, 2001 attacks against the United States.
Under hunter strategy, Swissair, which main routes were to the United States, planned to grow its market share through the acquisition of small airlines instead of alliance agreements.
The buying spree created a major cashflow crisis for Swissair’s parent company then – SAirGroup.
Swissair’s assets dramatically lost its value, grounding the already-troubled airline in October 2001 and its debt ballooned to 17 billion Swiss francs.
Swissair stopped flying in October 2001 as it ran out of cash and fuel supply.
Airports demanded prompt payment of landing fees.
According to reports, there were three possibilities to salvage this airline– stay independent as a niche carrier, shrink to an unrecognisable level, or attach onto another airline group.
Swissair resorted to the last option and started talking to Air France-KLM, British Airways, and Lufthansa.
In April 2002, a new airline was born, named Swiss International Air Lines taking over most of the routes, planes and staff of the former Swissair.




Air New Zealand

AIR New Zealand was privatised in 1989 but got itself into financial trouble in early 2000.
The airline’s troubles stemmed from its purchase of 50% Ansett Airlines in 1995.
Owned 50% by TNT and 50% by News Ltd, Ansett held close to half of the large Australian domestic market but had been on the downtrend.
Ansett and Air New Zealand became full Star Alliance members in 1999. That year also marked the start of a long and confusing battle over ownership of Ansett.
Ansett remained profitable but was having increasing difficulty in finding a way to rationalise its cost structure and badly needed a capital injection to replace its ageing fleet.
This prompted the Australian Civil Aviation Safety Authority to ground seven Ansett’s aircraft in late 2000.
Last year, Air New Zealand has more than doubled its profit for the 2013 financial year with the company’s best result in five years placing it among the best performing airlines globally.
It has announced earnings before tax of US$256mil for the 2013 financial year, an increase of 172% over 2012.
Net profit was at US$182mil, which is US$111mill or 156% up on the previous year.




Qantas Airlines

one of the oldest carriers in the world, announced a painful cost-cutting program, highlighting the pressure of intensifying competition as airlines reach for shares of the growing Asian air travel market.

The Australian carrier is cutting 5,000 jobs, or 15 percent of its work force, selling older aircraft and postponing purchases of new ones. Investment plans have been cut and a wage freeze is in place. The goal is to cut costs by 2 billion Australian dollars, or $1.8 billion, over the next three years.

The changes announced are the most radical in the airline’s history and follow four years of cost-cutting and repositioning efforts that also included a partnership with Emirates of Dubai aimed at propping up its international operations.

Those efforts have not been enough, however, Qantas reported a net loss of 235 million Australian dollars for the second half of 2013.

Quantas Chief still said the performance was “unacceptable” and “unsustainable.”

Posted by Tornado > 2014-05-14 07:55 | Report Abuse

Thanks CT

Posted by eugene724 > 2014-05-14 11:31 | Report Abuse

Thanks for your great information CT Ong

Posted by saudagartampanama > 2014-05-14 12:05 | Report Abuse

http://klseprediction.blogspot.com/2014/05/brahims-wait.html

Posted by kl25 > 2014-05-14 14:18 | Report Abuse

CT what FV for Brahim ?

Posted by Tina Khoo > 2014-05-14 14:35 | Report Abuse

Thks..CT Ong

Posted by CT Ong > 2014-05-15 00:10 | Report Abuse

MY Pleasure, Tina, Eugene and Tornado.
Kl25 please read on...

Now,The Million ringgit questions!
To buy or to sell?
Sell at your own peril!



Still not enough of good news?

More good news to come and they are in the pipeline.

Here are some more good feel factors to add in :


-Brahim’s could have several advantages over MSM’s sugar business in terms of margins and efficiency. Brahim’s have a better costs structure as raw sugar will be supplied (Thai Roung Ruang *Thailand’s second largest sugar manufacturer and exporter) based on market price of 16.3 sen per pound against long term contract price of 26 sen a pound.

-- Ventures under Dewina, which might be potentially acquired by Brahim’s, Dewina Food; a plant manufacturing meals in Jordan in a 50:50 JV with a Jordanian government agency, an upcoming plant in Saudi Arabia, and a plant with a farm, including an abattoir and facilities for value-added products, in Ningxia, China, in which Dewina has a 49% stake.

--A separate listing for Desatera Sdn Bhd, a JV between Dewina and Koperasi Angkatan Tentera Malaysia Bhd, which has been awarded a contract to operate military cookhouses up till 2026.

-Datuk Ibrahim Ahmad Badawi, injecting more assets via privately held Dewina Holdings Sdn Bhd into the listed in-flight caterer-cum-restaurant operator.

-A sustainable earnings from long term concession agreements.

-It provides proxy to the proliferation on air travel but without the baggage of ticket price war and jet fuel price fluctuations.

So, what is the reason of selling???
Why Sell when you are supposed to Buy?

Any weakness or dip is an opportunity .
For the past week there's one moderate investor desperately disposing and pressing down the price for reason unknown.
No worry, there's a quantity to it, and i believe it's at the tail end.

As for the FV,
I would not have kept this stock if the fair value is a mere RM2.50.

This is a growth stock and it has very strong fundamental and potential to grow further.
I am looking forward this stock shattering the RM3 mark and beyond before i can make my decision to sell.

Enuf said, evaluate yourself as this is your hard earned money.


Before i sign off, here is a a humble Note of advice to ALL Investors.


My Best Market investment Risk that I want to share :


Boss hired a sexy secretary;
but 10 days later he committed suicide by jumping from his 27th floor office.

Police: Who was there at that time in the room?

Secretary: I was there.

Police: What happened? Why did he commit suicide?

Secretary: He was a good boss.
One day he bought me a fur coat for $20,000.
Then he bought me a diamond necklace for $150,000.
Then he bought me a diamond ring for $50,000.

Today he asked me to spend the night with him and I told him I charge just $100 a night....and he just went to the window and jumped!

Moral:
Investments are subject to market RISK,
check the market RATE before investing!!!

Posted by Bs1688 > 2014-05-15 01:16 | Report Abuse

Ct Ong, thx for the info, sort of refreshing the mind on why I bought the stock in the 1st place. After a few days of downtrend, this serves as a reminder that it is time to load more.

Posted by HC Lee > 2014-05-15 10:48 | Report Abuse

Very good write up....anytime better than a lot of analyst....

Posted by Bs1688 > 2014-05-15 10:57 | Report Abuse

Collected some this morning .

Posted by NoobTrader88 > 2014-05-15 11:13 | Report Abuse

I collect 2.08 :)

Posted by mrchuckle363 > 2014-05-15 14:40 | Report Abuse

If tomorrow close green i will enter..

Posted by Bs1688 > 2014-05-15 15:14 | Report Abuse

Many waiting @ 2.01 which is 38.2% retracement from its recent high.

Posted by up_up_up > 2014-05-15 16:00 | Report Abuse

Strong buy call by Alliances
http://www.theedgemalaysia.com/business-news/289621-alliance-reiterates-strong-buy-call-on-brahims.html

Posted by Tina Khoo > 2014-05-15 16:34 | Report Abuse

Alliance call for strong buy with the new sugar project ...sure the price will soon coming rm3.

Posted by NoobTrader88 > 2014-05-15 17:48 | Report Abuse

Ytd night my fren called to enter brahim. He said he got news that the price will go up.
Lucky secured some at 2.08 :)
Also lucky did not cut loss as I got some holding at 2.30.
TP should be still 3.0 at least.
The news of MAS is actually quite good so that brahim go down and we can secure some at lower price :)