The percentage of the total shares disposed of on both days (August 6 and August 7, 2024) is approximately 22.98%.

Overall Summary for Both Days:
Total Shares: 227,990,100
Total Consideration: MYR 98,415,627.99
Overall Average Price: MYR 0.43 per share
Sale or Margin call

summary

Nominee Firm Total Shares Total Consideration (MYR) Average Price (MYR)
AMSEC Nominees (Tempatan) SB 42,000,000 15,540,000.00 0.37
Affin Hwang Nominees (Tempatan) Sdn Bhd 60,900,000 28,317,131.50 0.46
Alliancegroup Nominees (Tempatan) Sdn Bhd 41,570,200 18,952,302.25 0.46
CGS International Nominees (Tempatan) Sdn Bhd 30,184,100 13,305,747.89 0.44
CIMSEC Nominees (Tempatan) Sdn. Bhd. 3,550,000 1,323,795.00 0.37
HLB Nominees (Tempatan) Sdn. Bhd. 9,700,000 3,802,400.00 0.39
Maybank Nominees (Tempatan) Sdn Bhd 13,177,900 5,620,456.65 0.43
RHB Capital Nominees (Tempatan) Sdn Bhd 26,907,900 11,553,794.70 0.43

the business has value and needs some holding power, other EMS players are doing well. If really there is a party whom are looking at doing a hostile, then is a very different story, as now it involves situations of in board fighting

this is a situation where margin call causes a spiral, the largest shareholder is facing a situation where the banks keep on doing margin call. I hear that there is a party looking to do a hostile takeover of the company. It feels weird as the largest owner still owns about 38%. She had made a big mistake by putting almost all her shares under pledged (margin). Believe she had been very aggresive and used margin to buy some other stuffs (assets). This could be a downfall as the funds are not going to be friendly. They see blood, and they are going for it. The early ones, the funds were dumping and together with the bad market sentiment yesterday, it further caused its shared to fall further and the owner had to sell to cover

this project's potential, its value is much higher than current valuation. Although it has faced some challenges and continues to face value deterioration, given than it is to be completed soon, the valuation should not be RM2.5billion. It is either zero value, due to continuous losses or worth more than RM10 billion.

took them 18 months to come out with this

getting Jalil is potentially interesting as BJCorp could turn itself form one of the worst investor protection company into something that it does look at seriously. As a young man still I am sure Jalil does not want to be associated with a brand that does not bring value to his future. In the past, no one wanted to touch BJCorp and it has not done much to address that, in fact it has gotten worse.
At the same time, BJCorp did grew its intrinsic value, just that there's nothing much from investors to gain from investing into it.
Jalil is by nature an investor first, as in his past records, hence generally I assume he will look into 2 main things - investor protection (hopefully as his past days have been much being a minority shareholder - investor and second to look at making the structure of the group investible and with better potential for growth.) - that's what I can think of without knowing the person personally.
One man alone however is not enough. it depends on the owner as well as how it can transform the management and operational part of the group. The group has some sweet assets as well as brands. Will take some time for investors to buy in - assuming it is serious in its transformation. And the owners have to be consistent and patient. I think VT the businessman is patient. Consistent - we shall see.

BUT you are relating Yinson to Serba. That is misleading people!

I think Serba is not about high debt alone. It is about suspicious contracts. I do not think Yinson is about suspicious contracts. Their contracts are with proper established companies.
Here is not saying Yinson is a good buy, but if we highlight something which is not correct.

I remember in the past you associated high debt to Airasia as well. Serba and Yinson are different. Does not mean you see debt, you see issues.

laugh

This is good news for MFlour, having a partner in an area which it needs assistance. So quite the opposite that it is bad for the company.
Its flour business is doing allright, it needs support in the poultry business

The Blackrock's CEO has been an advisor to Donald Trump almost on a daily basis and today they are trying to act like they are saints.

good review. i guess the gloves big 4 had come back to its real indicative valuation in the past 2 months, but the short selling creates an attractive situation

Not far from how I see it, with new information. I think however it is worth more. Should not be RM1.50. Especially given that the interest rates is low and the perceived value should be higher as well. Also, since it is a port to port highway, given the positive manufacturing situation as we can see, it is all the more positive for a coastal port highway.

Thanks to Choivo

Could be due to price or sometimes the ICPS is less tradable. It should be 1 to 1 ratio. The reason that it was created could he because of shareholding conditions imposed on foreign held companies

very true indeed

WCEHB-PA is not attractive because one needs 4 sen to convert to parent. Moreover for 2nd year the terms would be different. That should entice more holders to sell, but that is not seen

If one looks at volume the RCPS is much lesser being sold

All in all it is a win, I would rather take a PLUS competitor managed by Khazanah than a Maju.

The additional 20 years PLUS tolling will provide the interest payment.

assuming the minimum IRR is maintained, it is a win.

It depends on traffic as well not just pricing

That has been the case anyway

short term P&L will be affected, but cashflow will not be affected. the extension of 20 years for PLUS is good as there will be a toll competitor until 2058, which means there will not be a free alternative until that year.
WCE will still attract its own crowd unless PLUS is totally free. small difference in pricing will not deter drivers, as either has its own users, unless a good free alternative.
All in all, it is better for WCE and PLUS. Not good for the ones expecting free highways. Anyway, there will not be a free highway as it was a promise which could not be fulfilled. We know that.

extended PLUS term is a win for WCE

Uptrending, I have people who works there. The high costs because of it is an elevated highway the entire stretch.

not that bad. the way I look at it is consolidation under 1 company i.e. Ekovest. He used to have companies under individual holdings. And LKH used to be very quiet. If he wanted act like Vincent tan, he would have done this long time ago.
Under his various holdings, there are challenges as it involves Johor state holdings. Without consolidation, one would blame him for related party transactions.
Vincent Tan was doing cross holdings. Ekovest, IWCITY and rest are not doing that. Anyway cross holdings is now not permitted.

Like the discussion here. Have intellect

on onset, does not look good

what I saw from PIE's results

http://www.intellecpoint.com/2019/11/positive-trend-from-trade-war-should-be.html

http://www.intellecpoint.com/2019/11/interestingly-ekovests-venture-into.html?m=1

Alfl3 what you say is interesting. If you notice this, do not be afraid to report to SC

result not bad, could be better

I think it is more than RM10 stock. Market cap should be at least RM3 b

precisely, the only fear we have now is that WCE is a company which is govt policies dependent.

Why bother, it is this little country when one cannot plant anything. Full of rocks and ice.
In its years of existence, it is a company which is of nothing. Some inhabitant who never know there was a WWII, played hide and seek.

Basically, you trade with me, I trade with my neighbor - all trading fishes, because there are no vege to even trade. At times when there are no fishes, they trade sea shells.

That is Netx to me.

Sorry to tell you Calvin, I am joining in.

Netx has never been involved in WWII. When the world was at war, it was this little country in Antartica, nobody bothered to even be there or notice.

I think if one if hoping for it to go just back to RM1 then the hope is a different hope

I never have an answer why share price is down. Most of the shares I buy, I do not pitch shirt term. WCE is a very good example which I have lose a lot of money. And if it who who lost money, I probably lose as well, I f not more

35% takes up 4.47% of excess. They must have feared of the odd lots.

If we compare between PDB and Petron, even though PDB can be expensive, Petron is way underpriced. Currently the market is giving a negative value to the refinery as the low crack spread pulled down the value of Petron. Should not be the case.
The revenue for Petron is about 40% of PDB while the valuation is about 15x smaller.
Never like the government funds supporting these companies like PDB but still Petron is underpriced.

So sorry Calvin, I was referring to the claim that DRB is the facilitator of ecommerce. Look at the performance of Pos malaysia now. Your push for DRB was based on POS Malaysia. I do not think as what you claimed was fair and correct to the readers. Today DRB is doing well because Proton has a life.

Yes Pos malaysia is in the logistics business but it is facing tonnes of competition and I do not think POS will thrive in this environment.

Similarly, I do not think Opcom is an enabler for ecommerce. It is overly sold. There are many other companies similar to Opcom. Hard to see Opcom doing well. Even then, it is trading at ridiculous PE.

Anyway, sorry you felt bad. But I hope you are more responsible, Haven;t been following you but I can see you promoting lots of counters. Good luck

one have to be careful. Netx, together with AsioBio (now called Fintec Global) are co.man companies. Even the auditor for Fintec recently is barred from performing audit. The entire group under Fintec look suspect.

https://www.theedgemarkets.com/article/chengco-plt-partners-prohibited-auditing

I wonder how much of the accounts is real...

Perhaps, slowly

Loan is RM4.74 billion. Not RM6 billion.

Maybe small changes. surin still there but minorities may have changed within. He probably made the shareholdings clearer. Could be good. Could be bad. Could be nothing