Posted by indon_trader > 2019-02-11 23:58 | Report Abuse

another poor qr incoming, hope you guys can stomach the downside!!

Posted by DDDD > 2019-02-28 18:47 | Report Abuse

What is your advise @indon_trader?

Posted by indon_trader > 2019-02-28 19:30 | Report Abuse

@DDDD, with almost no coal business in last 2 quarters as well as the news on termination of acquisition, it seems like it’s game over for indonesia ventures at least in terms of coal sector. Something fishy if you compare Q3 gross profit on trading of coal v Q4 gross profit, same revenue but different profit numbers. The upside is their recent announcement of 200mil bond. It remains to be seen what they are going to do with it.

Posted by indon_trader > 2019-02-28 19:38 | Report Abuse

for me, it’s wait and see..danajamin wouldn’t guarantee their bond without knowing this group’s potential while there might be hidden t&c that we are unaware of..

Posted by DDDD > 2019-02-28 20:50 | Report Abuse

Thanks @indon_trader..that's very useful information you had. I am holding some units at 0.090. That's guarantee from danajamin is such a relief and so as their plan to venture into the renewable energy.

Posted by DDDD > 2019-02-28 20:52 | Report Abuse

But, yes..holding a portfolio in loss is really tough, though!

Posted by DDDD > 2019-02-28 20:54 | Report Abuse

Just want to add some points, even though their total shares are huge but the floating shares are below 30%. Now, I am going to activate the long term investment mode..haha..btw, are you still holding the shares

Posted by DDDD > 2019-02-28 20:56 | Report Abuse

I forgot to ask you on the bumiputra allocation through miti..is it still on?

Posted by indon_trader > 2019-02-28 21:19 | Report Abuse

@DDDD, be careful on your optimism as this counter has been promising for past 2 years yet fail to deliver..I previously mentioned that I would buy when either 4 or 8 but have been recently collecting a little at 5.5 and 6..

Yes the trading shares are really low, more like retailers playing among themselves..only time big boys and their affiliates came out was around last sept when they bought huge shares..

Posted by indon_trader > 2019-02-28 21:22 | Report Abuse

the bumi allocation is definitely on as it is by law that they have to comply..if I’m not wrong it’s around 110mil new shares that would need to be issued and they keep delaying it..obvious reasons are they know the price right now is too low or they haven’t gotten their people in place..it really wouldn’t take much for them to push it back up to 12/15 cents while gaining millions extra from the allocation..

Posted by DDDD > 2019-02-28 21:29 | Report Abuse

@indon_trader, thanks again! Really appreciate on your view.

Posted by ezmoney > 2019-03-01 20:57 | Report Abuse

No major dumping of shares..good sign that it’s already bottomed..

Posted by indon_trader > 2019-03-09 02:29 | Report Abuse

@ezmoney, seems like you jinxed it..almost 10mil shares dumped in the past week..

Posted by persie > 2019-03-09 16:01 | Report Abuse

RM40 millions unbilled project still in progress. It is delayed from 4QR2018 to 1QR2019 together with the sale of vessel tu unnamed Spore company.

Posted by indon_trader > 2019-03-10 17:52 | Report Abuse

@persie, delayed or scrapped altogether? Referring to the coal vessel..since they have also scrapped the power plant as well..

Posted by indon_trader > 2019-03-11 21:15 | Report Abuse

“They continue to seize growth opportunities by extending their business activities into multiple sectors such as water treatment, food industry, oil and gas as well as chemical industries.”
Danajamin CEO
https://www.thestar.com.my/business/business-news/2019/02/26/danajamin-guarantees-pasukhas-green-sukuk/

I don’t remember pasukhas into food industry or O&G..either a hint or something is fishy..

Posted by persie > 2019-03-11 22:58 | Report Abuse

Collection at 0.050 yesterday and today. Sign of rebound soon.

Posted by DDDD > 2019-03-12 19:57 | Report Abuse

@indon_trader, yeah..i just notice that..so weird or is it wrongly written.

Posted by indon_trader > 2019-03-14 01:40 | Report Abuse

@dddd, maybe the hint is at the face ( https://www.thestar.com.my/~/media/online/2018/05/25/00/25/danajamin-nazri-omar.ashx/?w=620&h=413&crop=1&hash=B1BC16E33C811CF90D7EDD4330008E5629FB4F50 )...haha

Posted by DDDD > 2019-03-14 14:26 | Report Abuse

Oh man.. the face impression be like = "hehehehe, i will approve the loan but..."

Posted by persie > 2019-03-16 18:49 | Report Abuse

No matter how bad the company is but it is now 0.050 and the company is running well. Just wait and you will be rewarded.

Posted by ezmoney > 2019-03-17 23:51 | Report Abuse

@persie, good time to collect? Won’t drop further?

Posted by DDDD > 2019-03-26 20:23 | Report Abuse

@indon_trader, they just release the new price of 0.0490 for IPO..last year it was 0.120..what do you think? Does it mean, they wont goreng for more than 0.120 anymore..

Posted by indon_trader > 2019-03-27 10:17 | Report Abuse

@DDDD, my previous post got mention that they either think price is too low or they haven’t gotten their people in place..for me it would be the latter..cause last year their group bought almost 80mil of shares and currently there’s only roughly 3mil shares up till 8.5 cents..even at 10 cents, it only cost 300k which is really peanuts to these people..just my opinion though..

The bigger question is whether they have promising projects lined up in place..since their rights issue, their indonesia project is dead after so much promise..their property development seems to have stalled after the change in government..the bright side is the 200mil facility that is granted to them..

Posted by persie > 2019-04-05 06:51 | Report Abuse

Low number of shares afloated but share price hard to move...

Posted by ezmoney > 2019-04-05 12:00 | Report Abuse

Every few weeks move half cent lower, another 9 more cycles before reach half cent

Posted by sandrakkc > 2019-04-09 15:33 | Report Abuse

The special issue placed out yesterday already, waiting for them to announce whom the party is that's appointed by MITI.

Posted by sandrakkc > 2019-04-09 17:45 | Report Abuse

https://www.klsescreener.com/v2/news/view/494242

Posted by sandrakkc > 2019-04-09 17:48 | Report Abuse

Now that the special issue has been completed, something must have been brewing for some time. Perhaps some hydro infrastructure and energy projects.

Posted by sandrakkc > 2019-04-09 17:50 | Report Abuse

Insiders had been buying at 11.5 sen months earlier and at 5.5 sen now, this is a steal of they're embarking on some energy projects.

Posted by ezmoney > 2019-04-09 17:51 | Report Abuse

Only 2.5% of the total special issue is placed out, still long to go till completion..

Posted by sandrakkc > 2019-04-09 18:25 | Report Abuse

Thanks for pointing out. Hope that price is slowly inching up that they're placing out the special issue in tranches now.

Posted by sandrakkc > 2019-04-09 18:27 | Report Abuse

Someone took almost all the 5.5sen queue today in two three blocks.

Posted by sandrakkc > 2019-04-10 10:35 | Report Abuse

Very soon cannot get 5.5 sen already. Don't forget insiders bout at 11.5 sen last year.

Posted by ezmoney > 2019-04-10 10:49 | Report Abuse

just go MITI website can get at 4.9 cents

Posted by sandrakkc > 2019-04-10 11:30 | Report Abuse

Is that only for Bumi parties to be appointed by MITI and in blocks?

Posted by roykin77 > 2019-04-10 14:39 | Report Abuse

I have 200 share @ 0.105....crying....

Posted by ezmoney > 2019-04-10 14:52 | Report Abuse

@sandrakkc...yes only for bumiputera investors..from what I know you only need to register with miti and wait for their approval, after that go and apply for the shares..it seems to be a pretty straightforward process..

Posted by ezmoney > 2019-04-10 14:52 | Report Abuse

@roykin77, could have averaged at 5 and 5.5...I bought some over here

Posted by indon_trader > 2019-04-10 19:44 | Report Abuse

Q1 not expected to be great..previously temporary spike and drop back lower soon after..be careful if you can’t hold this stock at least another 6 months..

Posted by indon_trader > 2019-05-08 16:38 | Report Abuse

at the rate it's going, wont be surprise if i can collect at 3 cents next month

Posted by eatsmall > 2019-06-28 09:14 | Report Abuse

lugi stock can go up..untung stock go down..

Posted by Hohup > 2019-06-28 11:01 | Report Abuse

TP 10c

Posted by ezmoney > 2019-06-28 18:25 | Report Abuse

@hohup, 10c tp not enough for some to breakeven..haha

Posted by Khaz > 2019-07-03 13:29 | Report Abuse

lol another trap setup by spamming this counter in other counters

Posted by QUICKLY BUY > 2019-07-03 15:29 | Report Abuse

cheap PENNY coming....

Posted by zulmuiz > 2019-07-03 20:01 | Report Abuse

Should be the next after KNM and Sumatex sibce under same roof with M&A Securities...soon or later...just hold sometime to gain more profit...good luck just sharing...

Posted by Serenevalley > 2019-07-04 11:14 | Report Abuse

good buy I reckon

Posted by roykin77 > 2019-07-04 12:12 | Report Abuse

i need 0.105 to break even...will run until leg x touch jalan when 0.11

Posted by codaud > 2019-07-06 10:30 | Report Abuse

Can see Lambo too