see strong push above RM1 to escape from the long rectangular box which form since nov 217 till now .. they says how horizontal it form.. is how vertical it will go... eh.. maybe?
@alexsee if it drop back to 0.85 then it will need another cycle... It needs to ride the momentum... Its now or never IMO. Short selling suspended, Alam flora benefiting from covid, UMNO pushing the market in preparation for snap election, All stars aligned.
Malakoff’s IPO price was RM1.80 in 2015. The institutional tranche of 1.28 billion shares was oversubscribed by 13 times. As at 21st February 2020. The top 10 largest shareholders own 80.47% of the total shares issued- namely large institutional funds such as EPF and KWAP.
With the current low interest rate market environment and an uncertain global economic situation, Malakoff achieves the criteria of high growth profit prospects, high dividend yields, stability and sustainability. The immense amount of intrinsic value seen now in Malakoff is beyond comparison from the period of 2015-2019
Dividend Yield
Current Dividend Per Share: 6.55 cents Current Dividend Yield: 6.46% Estimated Dividend Per Share TP: 7 cents Estimated Dividend Yield at RM1.68 TP: 4.17%
Catalysts
• June 2020, competitive bidding for one gigawatt (GW) of solar plants worth RM4 billion under Large Scale Solar (LSS) scheme 4 is open. Malakoff would be a beneficiary of the scheme if bidding is successful.
• Alam Flora provides recurring income and visibility till 2033. Alam Flora’s FY18 net profit was RM99.45 million. This will contribute positively to Malakoff’s upcoming financial quarters. There may be increased demand for Alam Flora’s disinfection and sanitisation services to curb Covid- 19. Further concession opportunities in locations such as Kelantan, Terengganu and Labuan can be explored as well.
• Growth in renewable energy segment. Opportunities between Malakoff and Alam Flora to develop waste-to-energy (WTE) projects.
• Stability in earnings as impairments on KEV has been made.
Makakoff is a profitable company without acquired alam flora . I am holding the share since year 2015 and received dividend every year. I am still incurring the loss. Profitable company does not mean the share price will be increased. Hopefully will get surprise to the shareholders for this momth.
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....
GreenTrade
609 posts
Posted by GreenTrade > 2020-06-30 09:59 | Report Abuse
https://drive.google.com/file/d/1yoJ7pgEVl3vU4G84wFJMonDENvDXdTNc/view
The full report can be viewed here.
Cheers!