pandemic will be under control soon, park ur money at the right place. BJCorp and all subsidiaries, dont you find their prices super undervalued?? if yes, then......
Gtrade, you think you are smarter than Vincent Tan ke? You think he will keep buying the shares if he see lesser return in future? He is using the funds to expand the business which will bring in higher profits to the SEM. You keep selling, he keep buying back. Follow the boss, won't go wrong. They are internal people, they buy because they see what is coming.
I'm trying to learn how 7-eleven/premier merchandise/ berjaya retail are connected to berjaya corp BGRO, what percent of 7-eleven earnings go to BGRO, it's very complicated. Looks like various subsidiaries have a few percent interest here and there with Vincent Tan owning a good 30% or so, therefor there is a controlling interest. Does anyone have any insight on this? How do I categorize 7-eleven earnings in my report? Marketing of consumer goods right?
Shoplifting, where the value of property stolen does not exceed $950 Grand theft, where the value of the stolen property does not exceed $950 Receiving stolen property, where the value of the property does not exceed $950 Forgery, where the value of forged check, bond or bill does not exceed $950 Fraud, where the value of the fraudulent check, draft or order does not exceed $950 Writing a bad check, where the value of the check does not exceed $950 Personal use of most illegal drugs (Below a certain threshold of weigh
SEM is a good stock counter. The share price has been stable.. whatever the whole world share price fly up or crash will not affect SEM price, steady..
Another record quarterly results. Super strong operating cashflows of over RM160 million for H1FY2022, annualised to RM320m or 26 sen per share. Reserve RM70m for planned expansion capex, SEM will still have RM250m of free cashflows a year or almost 20 sen per share. I expect imminent re-rating, just like the case of BJFood.
US PE fund Carlyle is making an offer to buy over Caring Pharmacy from SEM at RM1.3 billion, still a bit lower than the desired valuation of RM1.5-1.8 billion that SEM is looking for. But with Caring Pharmacy taking over JOM Pharma and adding another 15 outlets to its staple, valuation will no doubt increase over time and sooner or later exceed the minimum RM1.5 billion valuation
Luckily I have collected enough at 1.55 level. I already gave hints last month after SEM announced the strong quarterly result, it would be the next BJFood. I only had small positions in BJFood collected around RM2.00 then it shot up like mad to as high as RM5.00. Now after splits, it is testing previous high again.
I am not sure how it will go from here, after having shot up 40 sen in a week.
As it is half way up based on my own target, I suspect it may need to take a breather before climbing up further.
The news is not yet out, just that SEM has received an offer at RM1.3 billion but it has not accepted, holding on for higher offer at RM1.5-1.8 billion. I am sure its share price will reach RM2.50 once it announces an offer above RM1.5 billion.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
maddox
75 posts
Posted by maddox > 2020-08-14 09:44 | Report Abuse
Still stuck at ipo price. Wake up sleeping beauty!