Zack, thank you.

Zack, what do you think Maybulk's performance next week?

When is the expiry?

Puncak Semangat Sdn Bhd, believed to be linked to tycoon Tan Sri Syed Mokhtar Al Bukhary, is said to have bought shares in China Automobile Parts Holdings Ltd, resulting in the company owning more than 10 per cent stake in the automotive chassis components manufacturer.
Quote from Business Times

126, tp 90 today?

Carynchua, I thought timing of entry and exit is also very important. To entry at high is not good bro. Those counters u pointed can be in only after there a CORRECTION. Current level is high though

126, believe u made lots of money in market based on your logic thinking. So, mind to share your strategy?

Ya! Tomorrow CAP will soar again. Goreng goreng! It's not a one day stock bro. Look at China and Hong Kong tomorrow, if these markets are strong, CAP will be top volume again and gain further. Let's see. :)

Pyramidpoh, reasonable! Many of our own 'stock experts' have unloaded their shares just now. They can't afford huge paper loss. Expect more to do so and same time expect some bloggers to come out promoting 'BUY AND ACCUMULATE NOW' after they've loaded in the afternoon. But for me it's a NO TOUCH, STAY SIDELINE! Until market stabilizes, that's more of a reasonable approach. Do not catch a fallen knife!

Jupiter's will be you to Holland!

What is the conversion price of WB? Anyone?

Think afternoon this counter shoot up

It's gonna be difficult to trade this one. Someone dumped it liked nobody business. So, I just watch it. Not even thinking to do a quick catch or quick money. Risk is high

It will go as low as 27cts to find strong support. Any rebound now is not worth a catch except there is good development. My view

Batman, be calm. I know y ppl like u and perhaps me as well not really happy with Tony Liu. Reason is Tony Liu keep asking ppl to buy, then keep writing his code which I don't even understand and trying to ask but he seemed not bothered at all. He doesn't elaborate and share information. So, what can I say is to leave him to comment whatever he likes to. No need to put up strong words towards him. Others might say we are not polite though we do not intend to. Cheers, Batman.

What's meaning, Tony

Chart shows uptrend! Check it out!

Eastern & Oriental: To roll out RM2.5bn worth of properties. Eastern & Oriental (E&O) plans to roll out some RM2.5bn worth of properties over the next 12 to 18 months in London, KL, Penang, and Iskandar Malaysia. The developer said its 210-acre wellness-themed township in Medini, one of the clusters in Iskandar, is targeted to see its initial launch of terrace homes in the first half of 2013. (StarBiz)

http://www.theedgemalaysia.com/business-news/221904-sc-suffers-setback-in-eao-case.html

GO?

Talk2pkc, I agree with u. The time will come for reentry.

AA to break 3.00 soon!

Buy!

Waiting for to break 33cts and fly

It's coming again

That's going to very interesting if the contract really won by Scomi!

Digista next target 47cts! Go go go!!!

If the buying volume is encouraging tomorrow, near term target @17cts should be achievable.

MBF is coming!!!

Agree! Thanks for the info, Talk2pkc

Coming!!!

Worth a look.

Not so right. Sell first. Queue at 31cts

Tomorrow WA to break 32cts!

CP Teh, don't mind what's your take/opinion on recent event/development on MBF and it's share price potential? No obligation, but if you don't mind. Thank you.

Upward momentum!

Tomorrow moving towards 40cts.

Jump in the ship again. To resume uptrend momentum tomorrow!

Professional! Salute!:)

Good!!!

I took profit already. Lots of sellers at 35cts. But if someone wants to push the price, it's really it's 'destiny'

OSK target price 50cts

Show is coming!!!

MBFHLDG!!!

By Kenanga Research
IN our scenario analysis, MBF Holding Bhd is offering an upside in range of 20% and 74% depending on its future corporate developments.

For the immediate term, the share price could have reflected the recent disposal. However, in our view, the stock could be rerated, should there is any capital repayment exercises going forward.

We think its recent proposed disposal of its card business is timely given that the business operates in a highly competitive market and MBF Cards have to compete with bank-backed card issuers. As MBF Cards depends on bank borrowings as well as debts raised through the capital market, its ability to continue to raise funds could prove to be increasingly challenging, causing the business to reach a bottleneck.

Meanwhile, in the absence of deposit-taking, its cost of funds would be generally higher. This could lead to it charging substantially higher rates than its peers. As such, we believe that the decision to dispose MBF Cards, which is a 100% subsidiary of the company, provides an opportunity for it to unlock the value of its investment in MBF Cards at an attractive valuation.

The proposed disposal is expected to result in a one-off gain of RM384mil for MBF based on the audited financial statements of its financial year ended Dec 31, 2011 (FY11). This translates into an additional book value per share of RM0.67 per share. At the current price of RM1, it will trade at a 60% discount to its adjusted book value of RM2.47.

We believe the current discount above is not justifiable as the existing MBF's market capitalisation of RM570.1mil would already be lesser than the total RM623mil cash to be received from the proposed sales of MBF Cards. That means that, with the current price, investors would be getting the remaining assets of MBF for free.

These assets could be worth as much as RM0.65 per share or more as our valuation only implies a 3.2 times FY10 over FY11 price-earnings ratio. Recall that MBF still has some businesses in Papua New Guinea as well as Fiji in the automotive, agriculture, retailing, property and shipping sectors.

Together with the total cash proceeds from the disposal of RM1.09 per share, MBF's valuation should be pegged at RM1.74, adding in fair value from other businesses, which implies a 74% upside from here.

Nonetheless, we believe the current existing price offers an upside of 20% by applying a holding company and cash company discounts of 40% to its adjusted book value. The discount rate of 40% is justifiable due to uncertainty over potential new asset injections and capital repayment.

In another scenario, if there is a capital repayment exercise, the share price should react positively and offers a good trading opportunity in our view. Based on our observations, the discounts between company value and share price will narrow should the plan of capital repayment is unveiled.

Simeon3773, for Destini to trade towards your TP of 50cts, it needs to break the 40cts resistance first (which is possible). But, I am looking forward it will break 35cts coming Tuesday, provided the good volume build up resulted from rumoured contract awarded by Mindef. My opinion.

As you can see from the chart, although it breaks 75cts resistance, the chances of it falling to the resistance level again is still there. Once that happens, it will move towards 50cts level and hibernate. But, if there is good news on future earnings or other positive corporate issues, this uptrend will be continued if not, at the minimum, sustainable. My opinion.

I might be a bit conservative, as I don't dare to enter at this high price, the risk is way too much, for me. I believe there are quite a number of cheaper priced counters in KLSE to choose from.

Trefoil, I've seen many placement shares listed on the day, still the price going up. Don't worry la. Digista is good company with good earning visibility. If those investors don't collect it at current price, when will they? Next time you will see private placement price is no longer 32.5cts. It's gonna be more than that.

Simeon3773, reliable news?