zzzzzzzz.... Snow white waking up

zzzzzzzzz.... Now waking up from deep sleep.....

L&G Mgmt are not that bad. They still pay dividend. A lot of stocks eg Mulpha, etc makes profits but never pay dividends for years. Don't understand where all their profits gone.

Today ex-date for RI. That's why it drops. I think can hold above 24cent based on current euphoria on penny stocks. Could go higher if current penny stocks euphoria continue for another month( which is likely) since L&G still pay dividend. A lot of penny stocks, no dividend also play up.

Further, with 127 millions shares (assuming his average cost is rm1.40 ?), he is sitting on rm30-40 millions profits (today price). He said his investment is long-term.

Yes, based on EGM discussion,not sure recorded in MOM. If u hold the right shares till ex-date of dividend (likely May or June), you also get 2cents dividend for your right shares.

KYY said he does not need people to support JAKS. Meaning that he wants to "sapu" all who wants to throw ? ( also means he wants few people to collect, so he can buy " cheap" ? )

KYY's wife has 39 million and KYY have 88 million shares. That is substantial ( what is next for him ? your guess). Also, look at his credentials in the professional & corporate world. Don't underestimate this man on what he can do.

Hi,during the EGM, if I don't hear wrongly, 2cents divident ex-date will be after right issue. Meaning that both mother shares & right shares get divident. Also meaning, if u wait for ex-divident date for ur right shares, ur cost for the right share is 19cents ( i.e. 21cents-2cents = 19cents), offcourse u have to bear in mind ur holding opportunities loss cost & interest cost.

But v attractive NTA at the moment, as pointed out by hng33, put in RM260k, u have share of RM900k of mulpha asset (based NTA 90sen per share currently) . If it is privatized (likely option by the owner after consolidation), don't sell ( & remain as shareholder) but negotiate your way for 50% of the asset & u get RM450k.

WOW... that is attractive valuation; after merged 10 into 1, the NTA is RM9 per share.

The management may want to be seen to have reputation & integrity (anyone can dispute this) & not allow the OR to fall below 5 cents; then mother share could trade above 35 cents prior to ex-date.

Indicative RI is 21cents at EGM. For OR to worth 5cents, mother share should be trading 35cents prior to ex-date. Approved RI ratio is 8: 5.
Calculation : (rm 0.35 x 5) + (rm 0.21x8) /13 = rm 0.263 (also predicted ex-date price). If u r holding mother share at 35cents, i think it is still safe.

Warrant expire 0n 16-9-2018 at Exercise price of RM2.30, not much time left ? Take profit if you are happy at 0.14. Are u optimistic that mother share can reach RM2.00 by year-end ? if yes, the hold. If no, then, this is the last cycle uptrend ?

TF signed deal purchase aircrafts & engines for whooping RM61 billion within 2 days (The Star online). He is "gambling" big. Do you trust him ? If you do, AAX cannot stay at 40cent forever with such big purchase.Sure, he sees big expansion for AAX & AA. TF has been proven right in past records.

TF :AAX- the most undervalued airline stocks in the world...

We all know that Mulpha has many goodies in it; but ppl who bought/ or want to buy has a dilemma :
1) It makes hundreds of millions profits in the past years, but never declare dividend;
2) It makes this OR by ploughing back 25c in each share, but this is not what investor want, they want dividend;
3) As a result, not many interested to buy higher; and worst still the major share control holders has more than 50% & has capability to suppress the price and will not push up the price. People are also worried that it may be taken private at 25c or lower.

If you don subscribe, your rights will be "makan" by others...

I mean subscribe... ( last night v sleepy lah, typo error)

tt101 : Caught in this situation, best thing is to subscript, and hope for the best. Buy more at 0.005c if u are loaded and also subscript them. If u let your OR expire, there will be excess rights from you not taken at closing; and the big fish will "makan" all your right shares as excess shares all at 25c. It is a gamble if you subscript ( But what else you can do ?).

India Towkey also good, belong to type 1... example " everyone can fly" type of Towkey...

Chinese Towkey got 2 types : 1) the 1st Type - Teh of Public Bank always grow the company & reward shareholders. His wealth will continue to grow & his generations after him will be wealthy too, 2) the 2nd Type - leave it to you all to deduce lah !!!

AA & AAX talks of investment public from Penang to JB to Sarawak/Sabah. Now, AA is too high to own, everyone can fly and want to fly and like flying; and want a piece of the action. Look like AAX is going to move higher...as AA is reaching to be expensive...

AAX was range bound between 35c & 40c last few weeks; still plenty of room to move. In addition, the business model was deemed sound when it was IPO at RM1.45 few years back...

LCC alliance has 8 heads too many... decision making will be nightmare compare with AA or AAX where basically TF who has a strong personality will call the shot in any decision

Not to be too pessimistic on airline stocks.... Singapore airline & Cathay Pacific airline stocks are doing pretty well... important is management

Buy call by Maybank Invest lah...

Warrant going up faster than mother share bcos the number of warrant is much less; if I remember correctly was one warrant to five mother share ?

AA has all good news working for it :
1) Tata Group India buying big time into AA india
2) AA Thailand has VIP buying major stakes

Beside, Q2 profit is guaranteed bcos many fly full fares for Sarawak events due to last minutes booking, especially those who are bounced out at check points, paying double full fares...

Mother share MRCB moving up, buy the warrant, still cheap

Yes. Time for AAX to move up...

MRCB-WA still a good buy....

TNB up a lot yesterday... sure Malakoff can go up lay

aax can fly higher, no psychological cap, sky is the limit; not like aa with psychological cap because of new shares being issued at RM1.80

AAX less affected by fees hike.... still a good buy. Remember IPO price was rm1.45

Ini kali lah...

AAX a better buy. Same fundamentals driving profitability AAX; and there is no dilution of shareholding for small investors.

Turn for AAX to move up; AA already up a lot past few weeks; but now AAX's turn to move up !

Buy more AAX, same logic that low fuel cost & strengthening ringgit will drive profitability of AAX

Sept 16, 2018 - maturity date for MRCB-WA. Long way to go & high potential for mother share to grow, Buy..

MR.CB moving... buy MR.CB-WA ... still cheap

Hi, the system will not allow if there is a buyer at 1.51. As proven, the first deal was done at 1.51

TA waking up...

MRCB in 2016... different entity lah, many contracts

MRCB waking up... buy MRCB-WA, still cheap

Yes. DRB up bcos of POS...

TRC did the Kelana Jaya extension to Putra Height, completing soon, should be a feather in the cap & potential for MR2 contractor with this track experience record....

I have read the AR report, company loss money last year..... thanks 1gushen, can get AR from bursamalaysia. Read yourself. Agree with Kc Choy... pure speculators chasing in the midst of a mini bull... ( also many people buying penny stocks to make fast bucks) Risk= rewards ? or Get Burnt (goring pisang) ? you decide...

This counter can only survive if it is doing a viable business.... anyone can tell me where i can get hold of its annual report ? Most listed companies can google the annual report but this counter cannot ?

Captain sold out & left the ship lia.... what do u think ?