I advise readers to not listen to OTB. He has no morale compass and he steps on people to lift himself up. In a telegram group, he was attempting to strengthen his stance against 'attackers' on i3.

He said and I quote: "Those had attacked me, they are disappearing from I3 permanently and a few of them are bankrupt. One apologize to me and committed suicide. I do not tell lies in I3, I have my code of ethic." dated 30th April 2021, 12.54p.m.

He used others' bankruptcy to attempt to lift his own reputation up and even bragged about receiving an apology from an 'attacker' prior to their death. I think any decent human being will agree that OTB is a terrible person. Buying his calls is equivalent to supporting his terrible actions, so just refrain from supporting him anymore.

If OTB dares to say I am telling lies with regards to this matter, he is indeed very shameless and show no EQ, as 787 other members in the telegram group are witnesses of him saying the above quoted statement.

OTB deserves to be called out for his terrible personality and selfish acts.

I advise readers to not listen to OTB. He has no morale compass and he steps on people to lift himself up. In a telegram group, he was attempting to strengthen his stance against 'attackers' on i3.

He said and I quote: "Those had attacked me, they are disappearing from I3 permanently and a few of them are bankrupt. One apologize to me and committed suicide. I do not tell lies in I3, I have my code of ethic." dated 30th April 2021, 12.54p.m.

He used others' bankruptcy to attempt to lift his own reputation up and even bragged about receiving an apology from an 'attacker' prior to their death. I think any decent human being will agree that OTB is a terrible person. Buying his calls is equivalent to supporting his terrible actions, so just refrain from supporting him anymore.

If OTB dares to say I am telling lies with regards to this matter, he is indeed very shameless and show no EQ, as 787 other members in the telegram group are witnesses of him saying the above quoted statement.

OTB deserves to be called out for his terrible personality and selfish acts.

MHC should see a good run up as it is undervalued when compared to other plantation counters

congratulations again HARBOUR investors :) we are early to the bull ride

harbour has been seeing such resilient buying demand despite bad sentiments. there is something brewing

the short term bad sentiment bashed all counters down to fire sale prices. harbour got aggresively bargain hunted up from the lows of 0.95 today. good sign of buyers in control

another beneficiary from this logistics bullrun that is still a hidden gem is harbour link group. can have a look

2 comparable peers of HARBOUR are FREIGHT and TASCO. 2 of them have an average PE~21. The respective EPS and traded PE are listed below.

HARBOUR EPS= 9.74, PE = 11.5
FREIGHT EPS =3.5, PE 22.84
TASCO EPS=5.16, PE = 21.32

From here we can see that HARBOUR is severely undervalued (at half the price it deserves) despite having the highest profit margin = 9.2%. It also has a healthy ROE of 8.7%.

The concept of relative valuation is that the industry peers are valued correctly and the company being analyzed is not.

This means that for HARBOUR to be valued correctly ceteris paribus, is for its PE = 21, i.e. share price to be RM 2.04.

Since charter rates are still on the rise, and both domestic and international trades are on a positive trajectory, I foresee HARBOUR's earnings to overperform for the coming quarters. Thank you

but yes @Targeted, you are right

even if charter rates do not rise, the pick up in trade volume both locally and internationally will benefit harbour.

a dragonfly doji today, brighter days ahead :)

buying volume > selling volume even for a bad sentiment day... a resilient stock during downtimes will shine the brightest on good days

if anything this might be a bull flag

dont think so. volume of retracements are greatly lower than up days, sharks that bought up are still in

good chance to collect now

i think 1.30-1.35 are very good prices alrdy today i joined the army

however do note that tasco seems to be struggling. that may be the reason why sentiment is dull today

todays pullback is accompanied with lower volume compared to the past few days, low volume pullbacks are good during an uptrend

uptrend is definitely still intact, this afternoon was a good chance to collect some at resistant turnt support 1.10-1.11

for simplicity, HARBOUR's fair value based on industry relative valuation is RM2.24 at PE23. Even if we take a 30% discount to accomodate for HARBOURs smaller size and volume, it should still be priced at RM1.6 ceteris paribus

big buy volumes are entering

harbour making the next upleg

very fruitful discussion we have had @SincereStock. wish both our counters rise up and reward us with our efforts

I believe the smart investors here know HARBOUR is worth way more, a simple method of valuation is the relative valuation. This is done through the assumption that every other company in the industry is correctly priced except for the company being analysed. Taking Freight (PE = 23.98) and Tasco (PE = 23.07) as reference, HARBOUR should be priced at PE*EPS = (23*9.74)/100 = RM2.24. Even if we take a 30% discount to accomodate for HARBOUR's smaller size and volume, it should still be priced atleast RM1.568 ceteris paribus. Thank you.

Thank you for your sharing. However, a few things should also be pointed out. Suria's pre2019 EPS has to be diluted through the bonus issue of 1:5 and is not the best indicator of current performance.

Currently, Harbour's rolling 4 qtr EPS stands HIGHER, at 9.74(PE10.99) compared to Suria's at 9.01 (PE12.54). Harbour is also enjoying 3 consecutive quarters of growth in both revenue and profit after tax, whilst Suria is experiencing a shrinkage in revenue for 3 consecutive quarters.

During harsh economic conditions, the company that is able to report a growing PAT and perform better than its peers usually comes out of the economic downcycle stronger than before.

While NTA is a good measure of the BOOK value of a company, it is simply a collateral of the company to be used in the case of privatisation or financial distress, not capital gains.

The DY of Suria is indeed better at 2.92% compared to harbour's 0.93%. However, this is easily compensated by Harbour's much higher ROE == 8.7% compared to Suria's very low ROE of 2.79%.

One can expect higher capital gains in harbour than Suria. Thank you.

the most underrated logistics company in bursa

it already broke 52 week high today my friend hahah

congratulations to all harbour investors. this marks the beginning of a new upmove

perhaps I have missed a part in their business structure where they operate in the semiconductor industry? hahaha!

gcke which segment of harbour is facing chip shortage? harbour's main business activities are maritime shipping and integrated logistics. and its pe is way lower compared to its peers freight and tasco. it also has a higher eps compared to peers in this industry

malaysia 1Q gdp data shows 2.7% qoq growth backed by strong exports. it will not be long before market recognises harbours value

once harbour moves above 1.00, it is blue skies ahead until it reaches its fair value

in fact i just topped up at .955 on friday closing

eps of harbour is 6.81 and has a price of 0.955, eps of freight is 5.57 and has a price of 1.80. based on value alone, harbour deserves a higher price than freight, so i would not tp now

i dont have a specific tp, ill observe the price action as it goes

congratulations holders ;)

price was strongly supported above ema18 and uptrend channel support, it should retest 0.590 very soon

harbour strongly supported at ema18 on todays retest. closing candle is bullish. this looks to be breaking 52week high verh soon

I posted last week that this week would have a move with an upwards bias. PA did not dissapoint me. buyers are in control now

the price is approaching the support boundary of its uptrend channel, by next week should have a move with an upward bias

aluminium prices at ath 2343 now

don't worry, PA has not attracted the attention of the market yet. many will come join us when it breaks out. we are still considered the early birds

yup PA has superb earnings growth potential with the increased margin, also has ~65mil of tax credit to claim across 7 years

the new upwave has started, don't have to stress about taking small profits now. let it ride up, all technical indicators are pointing towards new heights

days*

PA's technicals are very promising. a breakout above the symmetrical triangle and the sustaining of price above breakout point for 3 says. MACD GC all points towards PA scaling new heights

yes, on the chart there is also a rising wedge pattern breakout. overall TA looks positive for grandflo to scale new heights

granflo established a higher low and now is going to challenge the recent high to create a higher high. good luck all

happy investing

it hasn't affected me, was just surprised of the msgs i saw from fellow pang72