Ok, will wait for the coming crisis then. US historical high, here 1600 but many counters dropped 50% already. Banking sec is still able to support temporarily for a relatively high DY, otherwise shall fall further amidst non stop breeding of foreign funds.

ST trading range 0.075_0.125.

A closer looks:
Positive: looks like abundant cash. High NTA hopefully not like london biscuits which turned into negative just in one quarter.

Negative: Faded business potential as retail market landscape changed totally but management and bod is too slow in response. HK business (HK parkson used to be above HK80, now less than 0.70) is expected to hit badly by non stop riots and significant weakening economy arising from the riots. Ability to raise MYR 2.1 b in HK is not a good news. Spore parkson is already under the watch list due to 3 years consecutive losses. Business in other countries most likely with poor if not poorer results. Management and bod incompetent to deliver under the current environment. As in Selangor, already highlighted as above.

Nonetheless, price is low for trading opportunities.

Bursa market.... "lion companies" bit the minority SHs while "success companies" success in delivering the failure. We also had Chinese companies listed locally but only few Chinese still trust them. We had professionals who checked accounts but massive impairment revealed out of sudden and see lack of swift actions by authority and professional body to enhance reporting standards, substantial receivables can be just written off as the case of holland biscuits... non performing company can withdrew 70m while still supported by pnb, wondeful world.

Interesting situations as all these creat volatility for trading opportunities if not for LT investment. Good luck everyone.

Frequency of quarterly losses vs profits, why still support non performer for LT and without reasonable dividend, in addition, looking for $$$ from private placement to fund capex. Anyway, if for trading play, can ignore all fundamentals which is all RED right now.

Just a stock take on what company had said in early 2019:
Tune Protect Group Bhd (TPG) expects a boost to its revenue growth over the next 12 months, following the rollout of its dynamic pricing optimisation initiative.
The initiative, which was launched in the first quarter of 2019, features real-time optimisation of travel insurance on AirAsia’s booking platform....

Unfortunately the reverse is the truth, revenue continues to fall and make sure management and bod remunerations move along the same direction.

https://www.insurancebusinessmag.com/asia/news/breaking-news/tune-protect-says-dynamic-pricing-will-boost-revenue-growth-168455.aspx

Happy new year.

Stock take on what corporate leader said in early 2019:
Fernandes: AirAsia X to see best ever year in 2019
https://www.theedgemarkets.com/article/fernandes-airasia-x-see-best-ever-year-2019
How true or the reverse is the truth.

Happy new year everyone.

MUI to sell Scotland land for RM38.8m.... but not a single cent for minority. Merry Christmas.

Acqiured and disposal price stated as zero by major SHs, that is our disclosure standards?

Congratulations for LT investors as....GSB Group Bhd, which has been loss-making for the last six consecutive years, expects to turn profitable in the current financial year ending March 31, 2020.

Bad news is don't expect for dividends as "We are planning to use our funds to expand our core business first before announcing any plans for future dividend payouts".... Majority SH needs to eat, minority SHs just need to drink water. Lol. Good luck.

Victor...I thought VT stands for Very Trusted, lol.

Bursa market.... "lion companies" bit the minority SHs while "success companies" success in delivering the failure. We also had Chinese companies listed locally but only few Chinese still trust them. We had professionals who checked accounts but massive impairment revealed out of sudden and see lack of swift actions by authority and professional body to enhance reporting standards, substantial receivables can be just written off as the case of holland biscuits... non performing company can withdrew 70m while still supported by pnb, wondeful world.

Interesting situations as all these creat volatility for trading opportunities if not for LT investment. Good luck everyone.

VT disposed of 1.41m shares, BCorp acquired 0.5m. So, net sales of 0.91m?

....“Focusing our efforts on getting the right policy mix to stimulate productive investment and employment creation, as well as modernising infrastructure will go a long way in raising income and alleviating the cost of living issue,” said the central bank. .....

As usual, it is easy to say in broad generic statement but to deliver an action oriented plan and to implement it within a time frame is tough. Just like as a layman we would like to see a strong ringgit but only saw it fell from around 2.5 to 4.2 over the past 30 years. What is the CB actual roles?

Disposed of 26 million shares by Asia Internet Holdings Sdn. Bhd. on 20 Dec, price "0".... no idea who can understand this rule of disclosure? What it really means? May be only few including expert authority like bursa knows.

Dec results est to drop yoy as last Dec is quite high. Current liabilities is high which may drain its cash. Est price will drop further unless speculative play as fundamentals basically is almost none except loans is minimal.

Lowest profit since July 2016. Last few years overcooked? TP remains 1.80 if able to maintain its DY. Positive is low loans. Negative is high price book ratio, high current assets without knowing its quality hence potential written off, low NTA. Affin Hwang revised down TP to 1.50.

Before the previous dividend ex date, traded last at 97.5 if not mistaken. After ex dividend, down to 91.5. Now 84. Vs FD? Basically is a loss situation. If enter now, price move up, then very good luck.

Is entry point that count as DY can be misleading.

Normally companies buying back shares will see price drop further. Why can't give higher dividend instead of buying back own shares which is subject to misuse eg buy from those who entitle for esos or with insider info. GENM bought back shares when price above 5, then again above 4, only see its price now just above 3.

...Given the prevailing economic conditions and global financial outlook, Berjaya Corp said it is of the view that the group's operating environment will remain challenging going forward.....
Really no idea which particular quarter or year is without challenges? If this is the statement that management and bod can give instead of positive bottom line, we know how best they are. Anyway, price movement already told the truth. Good for trading amidst low price.

MUI Properties Bhd is hoping to strike gold Down Under with its 40% investment in Nex Metals Explorations Ltd, a gold exploration company listed on the Australian Securities Exchange...... Hope vs hopeless. Good to goreng as uncertain means opportunities cum risks.

TP48 amidst continuing disposal by funds, est revenue to fall or flat, hopeless management, weak macro fundamentals.

ST0.05. LT 50% of NTA. Est Dec results improve yoy unless market sudden crash.

Post removed.Why?

Bottom line showed how competent the management and bod. Anyway, as far as they can still borrow either from bankers or SHs, won't die soon but slowly if without support.

Post removed.Why?

Est Dec result improve yoy as last Dec is low. Trading range 24.5_31.0.

Had been observing this counter when it was traded above $1 attracted by its NTA then, luckily checked into its details in particular profit distributable to SHs of parent which is unusually low.
Eg. Sep, net profit is 4.1 million, for SHs is only 412k, about 10% only, 90% gone to who and whether they contributed resources necessary for those projects undertaken?
Eg. June, net profit 5.4 million, only 324k for SHs. Check yourself for other duration.

Anyway, if just for trading purpose, fundamentals is unnecessary as sentiment is more important.

Est will go back to 0.08_0.09 level.

....TO ensure the effectiveness of its monetary policy tool — interest rates — Bank Negara Malaysia is looking at tweaking the reference rate for retail floating rate loans, or base rates (BRs), which are set by commercial banks according to their individual formulas..... Simple interest rates policy made it so complicated and confused the consumers, and ended up bankers suck the borrowers?

....TO ensure the effectiveness of its monetary policy tool — interest rates — Bank Negara Malaysia is looking at tweaking the reference rate for retail floating rate loans, or base rates (BRs), which are set by commercial banks according to their individual formulas..... Simple interest rates policy made it so complicated and confused the consumers, and ended up bankers suck the borrowers?

Fundamentals no go. Dec results is quite unlikely to bid last Dec yoy.
Trading may try as year end window dressing is near by. Good luck.

Authority is more concern on its bottom line instead of enforcement. More traders are better for them. As for this Chinese listed locally, only best for trading as its reliability remains doubtful. Hopefully cash balance is genuine and sustainable, current assets is too high and risk of impairment as like others, lack of disclosure on its quality. Revenue down all the way. Hopefully seafood not becoming salted fish.

From highly recommended by analysts when price traded above 1.40 to the existing level and no sign of recovery. Loans suddenly disappeared from 700m to zero, wonder. Only good for trading now. Est Dec results +/-15%.

Authorities are silent on foreign fund outflows but just highlight inflow of FDI.

This year minority SHs no need to eat as div will be given next year.

Reliability of cash balance after auditor fined?

Est Dec results is poor. Announce good news first.

Positive: cash close to 200 million. Many players in this counter create trading opportunities.
Negative: potential squeeze down on its high profit margin of 49% as there are many competitors can deliver given the chance. PE of about 17 is relatively high. High price/book ratio.
Est trading range 95-125 ST.

....While most investors may be aware that Ancom produces and distributes industrial chemical products via its 48.95%-owned Nylex, many may not know that its wholly-owned Ancom Crop Care Sdn Bhd (ACC), which makes agricultural chemicals, is actually its most profitable business unit.... bullshit?

If so profitable, is already reflected in consolidated accounts as it is 100% owned.

3.6 billion loans, 200 million cash, fundamentals all in red. Good for trading only. Ridiculous pre statement on record high profit, challenge sleeping authority on disclosure but reflect management ethic.

Trading play may be as there are many players.
LT:
Fundamentals all in RED, ie 0;
Loans=near to 200 million;
Cash=round up 1 million, can't even enough for interest repayment; with the new listing, cash may increase but gearing remains high;
Dividend potential in two years= Est 0;
Ownership or bod with Chinese from mainland, then potential like other Chinese firms listed locally=100%.
Good luck and enjoy your trading.

Using company $$$ to buy back own shares is a wrong strategy and may benefit certain people and is subject to abuse. Div is a better strategy.

Current assets is excessively high and lack of info on its quality and recoverability. Anyway, if for trading, all fundamentals become irrelevant.

Contract is 34 million instead of billion, please read company rectification.

Political risk is high in the next election if ph no longer has harapan. Trading range est 3.50_4.30.

Fundamentals=0;
Loans=488m;
Cash=5m;
Div potential=0;
Speculative potential=yes because many players.

Hahaha, that is known as QUALITY. Good night and good luck.

Drag by on going criminal trial. Forged signature.... Hopefully only one case with this argument. Otherwise banks may have to abandon traditional signature.

....Foreign investors sold RM834.6 million of local equities last week, the highest weekly foreign net outflow in 17 weeks, compared with RM761.2 million the prior week, according to MIDF Amanah Investment Bank Bhd Research.

This caused the year-to-date foreign net outflow from Malaysia to breach the RM10 billion mark, at RM10.76 billion.

DY is relatively lower and recent growth prospect is limited. TP=DY4.5%.

DY is relatively low, est price will drop further amidst weak macro conditions, rising competition from payment system service providers, non stop breeding of foreign funds, etc. TP=DY4.2%.