Philip ( buy what you understand)

sleepywolf | Joined since 2017-11-22

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Watchlist

2020-03-18 11:05 | Report Abuse

God bless you Calvin. Even though you use HIS name to sell stocks.

As I said. Now is not the time to make money from others misfortune. Now is the time we stand by our fellow Malaysians and help each other out during this time of need.

I am not making a single cent from this loan. My loan is 3.75. the loan rate of 4.25 and the difference of 0.5% is just to pay for legal expenses and stamping fees.

This loan is not for you. It is for those who have to look at getting a loan from private loan sharks who borrow money at 1% per month and above.

For you filled with hate and bitterness and insanity sure to losing money during this difficult period, all I can say is this:

You will notice I have stopped commenting on your NETX or any of your posts as I feel you are a waste of effort and a pest that will continue to cheat young investors. The difference is this time you have called wolf far too many times and everyone in the forum has wised up to your antics and assumptions.

I will no longer reply to your comments or messages or postings.

Good luck and God bless.

Let's all stand together and help each other out of this period instead of pointing fingers and blaming and insulting.

Let's leave the Singaporean to his devices and help Malaysians out.

Watchlist

2020-03-18 06:42 | Report Abuse

Doubled exposure in gkent and serbadk as business fundamentals so far has not changed. Lrt3 project has not been cancelled and Qatar is still as rich as ever. Probably my entire purchase this quarter while waiting for results.

Watchlist

2020-03-17 17:15 | Report Abuse

Topglove has a bigger market and more revenue. It's acquisition of aspion has shown that it is serious in tackling hartalega on the nitrile market, and the strategy of and cost of the general gloves has put it out of reach for hartalega to compete.

Meaning, topglove can attack harta, while harta cannot attack topglove.

Who do you think has the bigger future post aspion?

Watchlist

2020-03-17 13:31 | Report Abuse

Not doing business with this, just a pass through loan. As originally we were was planning to use it for expansion. But with the current price of oil so low, it would not do any good to invest in growing the plantation, as renewable fuels is not competitive at this moment. I was planning to buy more stocks, but sometimes some things are more important than money.

Watchlist

2020-03-17 12:59 | Report Abuse

In either case I wish no one harm, Calvin tan least of all. I hope everyone stays safe and healthy. Malaysia has declared lockdown and all malls have stop operation in Sabah except for critical supermarkets, all manufacturers and factories have closed for the week and all staff are in emergency mode.

I hope everyone stays safe and healthy financially and emotionally and physically.

God bless everyone.

I myself have also pulled the plug and started to borrow money to a few friends whose small businesses have been affected by this once in a lifetime crisis.

I have recently used my plantation holding partnership company to take stimulus loan from the government via agroank at a good special rate of 3.75% for 10 years. We have taken around 15 million in this soft loan. If your company or business has any sort term working capital or cash flow problems that you need resolution with over this trying period you may write to me @Philip Chong and send to this email rylakk2016@gmail.com.

We may not be able to help everyone, and I will use the same measure of business model viability to understand your business needs and if we would actually be helping you by lending money. I may not be able to reply everyone either as I no longer have a private secretary and admin due to being recently retired and we already have many friends and business associates underwater for the next 6 months due to this issue.

But I can promise you that I will do my part, and will only charge 4.25% interest rates ( the interest parts for stamping fee agreement, lawyer payments etc. Our loan will be a soft loan for a period of 1 year to maximum 2 years ( with interim yearly payments).

If you are running a viable business model, do not hesitate to write in.

This is a stimulus program from the government in either case that has been given out by banks to borrow to entrepreneurs. Problem is many companies will not have the credit or assets to get the approval risk to do these loans.

It is the same problem I faced when I was young. Those who need to borrow money can't get it. And those who no longer need money can borrow as much as they want.

I will be more stringent than many bank officers in understanding your problem. But at the same time, I will not for collateral or your spleen.

If you do email, please provide:

1. How much you need.
2. What is it for.
3. Your company profile and ssm audited figures for the last 3 years.
4. A sample description of your company, your competitors and your competitive advantage.
5. How long do you need the loan for.

Cheers and hopefully we can all pull through this together.

God bless.

Watchlist

2020-03-17 11:14 | Report Abuse

Calvin tan go sell Jesus elsewhere. I lost all respect for you ever since you started using Jesus name to peddle your investment stocks. If you want to be here then be truthful and tell us all the stocks you are holding. Until then I believe this is your 2019 results.

https://klse.i3investor.com/servlets/pfs/123029.jsp

How much did YOU lose?

And 2-3 years from now how much will you gain?

If you only have 50k sgd to bet on NETX after so many years scamming the market. Then I really pity your investment skills.

In either case, I have given up on you. You have nothing to teach and nothing to learn from.

And worse, you peddle God's name to stock holding forum.

Watchlist

2020-03-17 10:08 | Report Abuse

Companies which I hold and buy I believe are all wonderful companies with good long term prospects. If you buy those, you can believe than you and me will both be in the same boat and when I sell I will let everyone know when and how much I sell it at. That is the only thing that can be done. If most money lose together, if make together.

The possible and currently still monitor is:

GKENT my second smallest investment ( monitoring quarterly, but buybacks and dividends give me confidence)
Serbadk my smallest investment ( monitoring quarterly, but with Qatar pool production cost of usd5, and considering majority of works in Qatar and middle East countries, I am still comfortable).

QL
TOPGLOV
YINSON
STONECO

This are stocks I hold for long term

Other companies which I consider to be wonderful in the long run which you can buy at blood on the floor prices, but were too expensive for me to consider before:

Maybank
Public Bank
Hong Leong Bank
Genting
Hap Seng
Dialog
Hartalega

Semi wonderful
Magni
VS
SKpres
Notion




>>>>>>>

Posted by Sslee > Mar 17, 2020 7:50 AM | Report Abuse

Dear Philip,
Can you share some list of wonderful companies for my KIV list. I can spare 50K per month from my salarly and take out my FD when mature to slowly pick up those wonderful companies. By the way I am still confident with Pchem.
Thank you
17/03/2020 9:54 AM

Watchlist

2020-03-17 09:56 | Report Abuse

I believe god will help out by the end of the year because I dont use Jesus name to sell stocks or collect money from believers.

>>>>>>>>

calvintaneng The curse of Philip on himself

A whopping Rm16 million Wipeout

On the way to Rm50 milions total loss
17/03/2020 9:20 AM

Watchlist

2020-03-17 07:26 | Report Abuse

Buy wonderful companies after quarterly reports confirm no change in business fundamentals.

>>>>

Sslee Dear Philip,
Dow jones drop 2997 points. Big discount day sales what is your advice.
Thank you
17/03/2020 7:02 AM

Watchlist

2020-03-17 07:19 | Report Abuse

The thing you have to understand about petrochemical business is that it touches almost every facet of modern life, from lipstick to fertilizer to cosmetics to construction to aromatics to medicine. It is the bluest of blue oceans.

However, to get into this market you need a lot of money, a lot of capex and a lot of supply.

Lctitan(or honam chemicals back in 1989) original idea was to supply the Korea market which is mo drive there profitable, so doing production in cheaper Malaysia, lower capex, low salary, good source of naphta from petronas would have been a good option back in the day. Petronas was eager to sell raw materials, and the market was green.

In 1998 ten years later, petronas saw the value of petrochemicals and started their own. Now you have to understand, even though there is a market price for naphta, the transportation and m anagement cost of this extremely volatile and flammable raw material varies from source to source.

The biggest supplier of naphta in the world is obviously China followed by South Korea. petronas saw a huge opportunity and funded the biggest petroleum complex in the region.

The majority of production from petronas local refineries into feedstocks is sold to petchem which is produced efficiently due to economies of scale and sold to the fastest growing region in the world, APAC market ( Vietnam, Malaysia, Thailand, China, Cambodia, Indonesia, Philippines), where a huge concentration of people are living in a single region and becoming more and more wealthy.

So local supply + huge cash position + huge capex + big brother = historical 25% profit, versus lctitan historical np below 10% as they expert back to Korea n and other local regions and compete heavily with China.

In essence, it is similar to the Saudi versus Russia oil problem. Russia onshore (usd40 per barrel) & offshore (usd55 per barrel) versus Saudi huge oilfield under desert sand deposits ( usd5 per barrel) production costs.

Saudi is just trying to drive Russia to capitulation so they sell oil at exactly the price needed to make Russian operations unprofitable. Saudi is still highly profitable.

Pchem current plan now is take up entire market production ( at razor margins) to kill the cash strapped, loss making competitors, drive them out of business and raise prices when the market stabilizes.

The long term prospects of PCHEM are far more attractive.

Obviously, the share price of lctitan is cheap. However, they are cheap for a reason. As market share for pchem rises, the long term revenue and earnings of lctitan will definitely decrease.

And when PIC opens in lctitan backyard with their 3.3 mpta yearly production ( lctitan 2.4), you can be assured if PCHEM sells 15% cheaper than lctitan, they will still make a 5% profit and drive lctitan out of business.

Watchlist

2020-03-17 06:46 | Report Abuse

Lctitan product line and applications
https://www.lottechem.my/products/productGuide_view.asp?code=C225


Pchem products line and applications
http://www.petronaschemicals.com.my/Products/Pages/AllProducts.aspx
https://www.theedgemarkets.com/article/petchem%E2%80%99s-isononanol-plant-be-stream-2hfy19
Don't forget the isononanol plant that will become online in pangerang, which will generate huge income for PCHEM as it is the only plant in the region

Articles of pchem versus lctitan

https://www.theedgemarkets.com/article/nothing-special-expected-2q18-petrochemical-results
https://themalaysianreserve.com/2020/02/05/lotte-chemical-unfavourable-on-oversupply-weak-demand/
https://www.thesundaily.my/archive/lotte-chemical-titan-not-big-threat-us-petronas-chemicals-FTARCH441839

>>>>>>>>>>

lchiat I am a beginner with no experience. You had an interesting comment on LCTITAN, saying PCHEM production prices will be equivalent to LCTITAN's raw material costs. Is there an article i can read to understand the Petrochemical business?
17/03/2020 12:58 AM

Watchlist

2020-03-17 06:30 | Report Abuse

Hi tlchiat, which part of Shell are you with? Offshore or onshore? Most of my friends which have also joined me in recent retirement are from the onshore team in Sabah. Maybe I will know you if you are within the 50+ age group.

For yinson the long term prospects as an FPSO is simpler and clearer than the other FPSO such as Armada and sapura.

As you probably know in upstream business,

There is,

Engineering & construction,
Drilling and completion,
Exploration & production,
Operation & maintenance

Back in the early years of 21st century when price per barrel hit 90+, doing exploration and drilling was a very very profitable thing so do. Companies like sapura and Armada structured very bad deals due to greed, where they had joint ventures with oil field concessionaires and countries to do PROFIT SHARING on activities. As you now know, this was a very bad idea because as the share price drops, their profit margin drops. I believe their BREAK EVEN costs were something like 50 or 60 per barrel for deep water production. So as of today with advances in fracking and oversupply the price per barrel had been dropping by a very huge amount, causing huge long term losses and impairment with those companies. In the long run the price per barrel will surely recover, but like WorldCom back in the day planting undersea telecommunication cables everywhere, the one to profit in the next cycle will not be them.

Contrast that to yinson, their business model is very straightforward. FPSO charter per man day fixed contract only. Also an initial down payment to pay for ship conversion, and a fixed sum penalty in case of early termination of contract.

Very simple very straightforward. Their specialists are from Europe ( they bought over entire European company to start the FPSO business a long time ago), and they don't have to worry about the price of oil per barrel, as their contract can be bareboat charter or inclusive of operations & management.

Simple, clean and easily understandable. While Armada and sapura are hit by lawsuits ( due to not understanding what they were caught in, blinded by greed and just expanding for expansion sake), every YINSON deal is like the bus company which they started out as. Although in this case the passengers pay to build the bus, then pays a daily rental, and send in their own mechanics, conductors and driver to run the bus. Yinson jobscope is just to provide the bus. Slightly simplified, but you get the gist of it.

I like simple things that I can understand.

Stock

2020-03-16 22:28 | Report Abuse

No need to talk 3 talk 4. Just use mnrb vs ql 2 year results to see which method is the most efficient way to make money long term.

>>>>>>

Posted by CharlesT > Mar 15, 2020 10:24 AM | Report Abuse

Dunno why all u old fellow always think yr so called long term value investment is the best the only way of investing in stock mkt

Stock

2020-03-16 16:40 | Report Abuse

Exactly. But those who dont go buy vegetables with their parents and read online just assume no stockpiling is being done.

>>>>>>>


changyl Holly, peoples sapu Eggs, Chicken, Rice, Toilet Paper, etc. at AEON
16/03/2020 3:06 PM

Stock

2020-03-16 16:38 | Report Abuse

FYI, if I am not mistaken, this portion is from the refining process under Petronas, not PCHEM integrated petroleum complex.

So as stockholders, you need to understand full run of project is still expected in 2021, unlike those that think to buy something and instantly becoming a millionaire, my long term view is 2021-2022.

I'm not as good as the rest of you who can predict trade war and virus and election and can buy at lowest price and sell at highest price.

All I can do is make money as a long term shareholder.

Show me your long term performance with your trackable portfolio if you think you can do better.

Stock

2020-03-16 16:35 | Report Abuse

What did you want me to explain? That high profit margins and buying stocks do not come with inherent risk?

Why don't you put your money in fixed deposit then, or buy bonds?

All I can explain to you is , I am an investor in PCHEM. Anything that happens to PCHEM, any profits or losses due I bear it the same as every other investor in PCHEM.

How much of PCHEM do you hold?

Why don't you EXPLAIN how you did not see the Covid-19 virus coming? Why didn't you warn the whole world, is it YOUR fault?

Or are you one of those investors who like to talk but do not even put a single cent into PCHEM?

>>>>>>>


whereyoupunter https://www.thestar.com.my/news/nation/2020/03/16/explosion-at-petrol-...

PHILIP COME OUT EXPLAIN LEH
16/03/2020 1:37 PM

Stock

2020-03-16 16:30 | Report Abuse

you keep telling everyone this price and buy that price.

But essentially you are no different to calvintaneng.

You dont have a trackable portfolio.

MEANING , you can say anything you want about your performance. you buy at low price, sell at high price etc.

Same like Calvin Tan Eng Yee.

>>>>>>

Choivo Capital Buffet says,

The oil price crash and the corona-virus is a "One-Two" punch for stocks worldwide.

Well punch three just came for Petronas Chemicals.

I wonder if Phillip going to average down again anot.

Technically 10 year economics of the biz now and 1 year ago, still very little change lah. Can buy more shares at cheap price, he must be so happy now.
16/03/2020 2:09 PM

Stock

2020-03-16 16:28 | Report Abuse

Wow, for someone with xx stocks in his portfolio, he really likes to comment a lot. Buying a good stock at cheap prices need to explain to you?

Why don't you play with your xx stocks and xx stocks and tell me how much you buy and what is your portfolio size changes.

I'm sure you are a far far better investor. Why don't be open for once and show the world your track record and buying/selling patterns so we can REALLY see how you are avoiding this once in a lifetime opportunity.

>>>>
Choivo Capital Phillip really change a lot this year.

Before this, i've never heard him use the word "cheap and undervalued".

I no time to start arguing again, so i'll stop here.
16/03/2020 2:15 P

Stock

2020-03-16 12:16 | Report Abuse

Sslee,
Do take the time to accompany your wife to go grocery shopping at the market, and tell me again if oversupply or no supply situation.

This is called scuttlebutt.

If you don't go out into the world you will believe everything you read on the paper

>>>>>>>


Sslee Dear Philip
https://www.enanyang.my/news/20200315/%e3%80%90%e5%85%a8%e7%90%83%e5%a...

Hotel and restaurant business hit hard by Covid-19. Foods with short Expiry date will be hit hard. Eggs are now in oversupply situation

Thank you
16/03/2020 7:57 AM

Stock

2020-03-16 06:43 | Report Abuse

I'm not insulting. I'm just pointing out a fact.

The obvious point here is you are wasting your time posting.

Even your sentence here... It makes totally no point whatsoever.

I wonder if in real life anybody even asks your opinions it cares what you recommendations are to the company.

Maybe that's why you are such a troll.

You probably need to spend less time in the forum and go out more. Make some friends. Learn what life is about.

Life is about making decisions and having opinions.

Hope you learn something new today.

>>>>>>>

i3lurker insulting me will NOT get you the contents of my portfolio

I have no feelings

brief glimpse ....
I can only say that I will buying some George Kent anytime from tomorrow monday 9am at first bell to end of this month, March 2020

or maybe I will not buy at all

no hurry to buy at all....
15/03/2020 10:39 PM

News & Blogs

2020-03-16 05:16 | Report Abuse

Or keep NETX and use how many % of portfolio to buy success?

News & Blogs

2020-03-16 05:13 | Report Abuse

So are you selling netx to buy success now?

Stock

2020-03-15 21:48 | Report Abuse

Coming from someone who neither bought QL nor TOPGLOVE but instead bought mnrb, don't be embarrassed if I put you in the same level as Calvin tan and stockraider and consider your sound advice... Unnecessary.

I find my investing methodology far far superior to yours as I am still positive during this crisis while you are drowning in losses.

Again I ignore the advice of those who don't keep a trackable portfolio and disappears whenever his stocks don't do well.


>>>>>>>

Posted by CharlesT > Mar 15, 2020 10:14 AM | Report Abuse

Topglove is now ard 50% higher compare to 3 months ago thanks to covid 19..

Assuming covid is being contained n controlled in the next months (well China seems able to do so..), i will rather prepare to sell glove co n switch to oil n gas co which has plunged badly..

Maybe we will see the de javu in armada leh

Stock

2020-03-15 21:44 | Report Abuse

I3lurker I also sincerely think those who don't have any stocks portfolio or even invest in any stocks at all should recommend anything.

I at least respect sslee got trying.

You are a persona non grata.

No investment value to community.

You talk alot of bullshit. But in the end I learn nothing of value from you. You are like jho low in his jynwel capital advertisement. 10 minutes, but in the end you don't know what his company business model is.

You are simply a waste of investment action.

Maybe someday you can actually recommend a stock you own for once.

But that would be asking to much for someone whose idea flicker at the speed of light.

Stock

2020-03-15 21:39 | Report Abuse

Sorry sslee, based on your history of stocks picks and Insas performance I don't think you are qualified to advise anybody.

>>>>>>>

Posted by Sslee > Mar 15, 2020 8:28 PM | Report Abuse

My advice to philip is sell some QL clear the margin account and keep some cash. Because low can become lower and stay lowest than you can stay solvent.

Stock

2020-03-15 18:40 |

Post removed.Why?

Stock

2020-03-15 18:38 |

Post removed.Why?

Stock

2020-03-15 18:26 |

Post removed.Why?

Stock

2020-03-15 09:09 | Report Abuse

I use the speed of light to stop now.

Stock

2020-03-15 09:08 | Report Abuse

Talk so much, theory so much, maybe you should just stick to writing power plant reports.

You have no idea how to buy stocks.

News & Blogs

2020-03-15 09:03 | Report Abuse

This is a lie. I have photos to prove that the stockpiling has begun in Sabah.

Stock

2020-03-15 09:03 | Report Abuse

Are you blind or what? Something wrong? Of course la something is wrong. Irrationality is ruling the market. Insas drop to 60 cents, inari drop from 2 to 1.28, your rm3 in 3 years sapura is now worth 10 cents. So how? Everyone is selling, this is the time to buy mah. You don't know how to invest money? Buy good companies which buyback their own shares to increase eps, get big projects which is not related to trade war, covid-19 and oil prices.

Those companies have a valid reason to drop. Tell me what is the relation of those things to GKENT?

And stop being stupid and say arguing. If arguing will have court meeting here and there.

All they have is a court agreed arbitration, not lawsuit. Stop being a sohai la.

https://themalaysianreserve.com/2019/08/15/george-kent-mrcb-arbitration-wont-affect-lrt3-partnership/

If you don't have anything important to say, can keep quiet one instead of telling lies everyday.

As for who is selling? Those who need cash flow and those who are scared.

I'm pretty rational.
Company do share buybacks.
Company got huge cash hoard and not afraid to use it.
Company give big dividends.
Company got 13 billion in orderbook.
Long term water meter business intact.
Mid term results intact.

I'm a net buyer and at this price, I'm partying 158 million for entire gkent business.

Cheap and undervalued enough for me.


>>>>>>>>>

Posted by stockraider > Mar 14, 2020 5:56 PM | Report Abuse

Do u understand risk leh ??

No wonder Philip nearly bankrupt with his gambling mentality previously loh..!!

Yes the owner of Gkent is buying back share, but the share price keep coming down....something is wrong loh...!! Why leh ??
Who is selling leh ??

Stock

2020-03-15 08:51 | Report Abuse

Yes, show us how your portfolio performed during this period.


>>>>>>>

con8888 Maybe you show us your portfolio

Show us how your stocks don’t drop
15/03/2020 8:44 AM

Stock

2020-03-15 08:50 | Report Abuse

You talk too much for someone who doesn't even have a stock portfolio. Or maybe your socks drop at the speed of light and take 1 sec to do microtrade?

Really, what stocks do you even keep?

>>>>>>>>>>

3lurker other stocks drop

QL also drop

whats the big deal?

QL => Same as any other stock
15/03/2020 8:38 AM

Stock

2020-03-15 08:49 | Report Abuse

So much bullshit challan l CharlesT mnrb 2 year bet going to be decided soon, don't forget about the Bak out teh

Last year

Mnrb 0.95
Ql 0.69
Insas 0.69

Today
Mnrb 0.74
Insas 0.6
Ql 0.76

So... After 2 year bet who do you think is going to win.
I'm will be waiting for you to treat me Bak out teh in Klang. You and stockraider both.

I'm still making money from my initial purchase 10% up. Both of you losing your shorts.

Stock

2020-03-15 07:27 | Report Abuse

Scuttlebutt investigation. Today went on buying spree with wife and the other old ladies. Every chicken and egg is shortage ( everyone stockpiling goods). Everyone is stockpiling like it is the end of the world.

Ql will have a good quarter as pricings will rise along with the shortage.

Go shopping with your mother kids off you don't believe me.

Also, you know nothing about ql value. 75% of the sotcks are owned by institutional owners and ql on family and they are not selling a single share, as it is a safe haven in this season of red stocks.

Good luck on your stock picks, not a single one of ql shareholders has ever complained about the performance of QL, only the sore losers who say QL is overvalued but never buy a single share.

>>>>>>

Kevin Tam QL is highly overvalued n still got retail players n funds r buying in the shares ; it is irrational to give target price of 8.50 from public research...:)
14/03/2020 7:53 PM

Stock

2020-03-14 11:03 | Report Abuse

I don't have an exact figure but approximations. The thing I do have is management is confident enough it will make money that they are buying back as many shares as possible.

Stock

2020-03-14 10:38 | Report Abuse

Yeah tetap liar and whatever bullshit, but fly by night shareholder. Don't even know what is AGM and don't even know how to ask relevant questions.

Stock

2020-03-14 10:30 | Report Abuse

This sarifah really liar and shameful.

Thank god I confirmed with your mother.

You are not my child.

Otherwise I would have killed myself for this kind of upbringing.

When you hear the things you don't like you will be so negative.

>>>>>>
Or... u hv something to hide or worst stil u told jz ur subscribers leaving ppl here high n dry

Posted by SarifahSelinder > Mar 14, 2020 9:09 AM | Report Abuse

OTB

No wonder everyone attack u......

Stock

2020-03-14 10:25 | Report Abuse

Gkent buying back shares at super discount. Buying it back at cheap prices instead of rm4 highs.

What does this mean? Without lifting a single finger my ownership of gkent increases. Just by staying calm and steady.

480 thousand shares at cheap prices.


>>>>>>>

13-Mar-2020 13-Mar-2020 Buyback 480,000 0.590 0.680 View Detail
12-Mar-2020 12-Mar-2020 Buyback 60,000 0.715 0.730 View Detail
11-Mar-2020 11-Mar-2020 Buyback 70,000 0.760 0.780 View Detail
10-Mar-2020 10-Mar-2020 Buyback 160,000 0.720 0.755 View Detail
09-Mar-2020 09-Mar-2020 Buyback 125,000 0.745 0.755 View Detail
05-Mar-2020 05-Mar-2020 Buyback 10,000 0.840 0.840 View Detail
03-Mar-2020 03-Mar-2020 Buyback 40,000 0.855 0.860 View Detail
28-Feb-2020 28-Feb-2020 Buyback 30,000 0.815 0.840 View Detail
27-Feb-2020 27-Feb-2020 Buyback 70,000 0.855 0.860 View Detail
26-Feb-2020 26-Feb-2020 Buyback 10,000 0.865 0.875 View Detail
25-Feb-2020 05-Mar-2020 Buyback 180,000 0.815 0.875 View Detail
25-Feb-2020 25-Feb-2020 Buyback 20,000 0.875 0.875 View Detail
20-Feb-2020 20-Feb-2020 Buyback 20,000 0.905 0.905 View Detail
19-Feb-2020 19-Feb-2020 Buyback 10,000 0.900 0.900 View Detail
18-Feb-2020 18-Feb-2020 Buyback 20,000 0.905 0.905 View Detail
17-Feb-2020 17-Feb-2020 Buyback 10,000 0.925 0.925 View Detail
12-Feb-2020 20-Feb-2020 Buyback 70,000 0.860 0.925 View Detail
12-Feb-2020 12-Feb-2020 Buyback 10,000 0.860 0.865 View Detail
11-Feb-2020 11-Feb-2020 Buyback 10,000 0.850 0.860 View Detail
10-Feb-2020 10-Feb-2020 Buyback 10,000 0.845 0.850 View Detail
07-Feb-2020 07-Feb-2020 Buyback 20,000 0.845 0.855 View Detail
06-Feb-2020 06-Feb-2020 Buyback 70,000 0.840 0.855 View Detail
05-Feb-2020 05-Feb-2020 Buyback 65,000 0.835 0.840 View Detail
04-Feb-2020 04-Feb-2020 Buyback 6,000 0.840 0.845 View Detail
03-Feb-2020 03-Feb-2020 Buyback 20,000 0.845 0.845

Stock

2020-03-14 10:22 | Report Abuse

Cash gain or just fair value?

GKENT share buybacks, 13 billion and money in bank is all pure cash.

GKENT has done more than 6% share buybacks and dividends payout.

600 million shares in inari if worth 700 million ringgit. What is the price of forced sales?

What happens after selling of inari share to invest in new business? Will it be loss making or profitable?

Why INSAS undervalue but management don't value it enough to do share buybacks?

Watchlist
Stock

2020-03-13 18:46 | Report Abuse

I also agree with trader insas highly overvalued

Stock

2020-03-13 15:07 | Report Abuse

Pretty much time to collect at all time lows. GKENT revenue and return has nothing to do with current economic scheme.

GKENT already submitted 43% of works completion to prasarana. If government cancel, the penalties and cancellation costs will be extravagant. Plus no reason to cancel, as the project is severely needed and already cut down to very low levels.

GKENT Share price is also severely underpriced, with 200 million in cash, you are basically buying 158 million in a business that will do 13 billion in the next 4 years.

Time to shoot fish in a barrel.

Stock

2020-03-13 15:03 | Report Abuse

one has a lot of cash, but doesn't do buy back or give high dividend or have a future plan for growing believable earnings and revenue.

The other one has a lot of cash, does huge buybacks during this cheap price, every day buying back hundreds of thousands of shares, has a high dividend yield, and has a guaranteed orderbook of 13 billion.

I am not advising you, but you know what I buy.

Which one has a longer term future, only you can do the analysis.

Stock

2020-03-13 11:50 | Report Abuse

Are you flinging your FD shares here sslee? This is a once in a lifetime opportunity to buy wonderful stocks at wonderful prices. Make sure you pick the right one.

News & Blogs

2020-03-13 11:09 | Report Abuse

My buying price was 20. Today is 30, I'm still 50% up. How is your insas now? It has reached your target price of 0.59. are you going to sailang as you said before?

Watchlist

2020-03-13 11:05 | Report Abuse

Sorry my stocks are still up from last year in total. Your netx back down to 5 centre, your 50k SGD down the drain. What else is down the drain?

News & Blogs

2020-03-13 07:20 | Report Abuse

But having looked deeper into the business, I think this company may have a good future growth prospects. Ok la, join you play with my next pump and dump article

Stock

2020-03-13 06:03 |

Post removed.Why?