oh my god, interim result will be out very soon. I think it need to provide impairment loss for investment in Sarawak Plantation Bhd

BDI still going down..

1st support RM 1 lose

anyone buy in ?

Not bad, bloody index, but it still strongly support at 0.13. Defensive and stable stock

50c i also want to buy

sell, loss RM 2 supporting very soon

At least it stable at RM 0.135, which is the fair price accepted by both parties. Note that the price is even higher than the Pre ECRL announcement which was priced at RM 012 few month ago.

Just buy in, no need to think too much. It is a good counter.

i think long-term is good because the directors are working very hard for the benefit of the company. It is thousand better than most of the handy-panky listed companies in KLSE

Oh my god, dropping every day

Yes no problem to reach 0.20, but it need time to do so unless special news pop out.

It boosts by the article in Nan Yang newsletter, but whether the price can sustainable or not is still not certain。。。

Normally this type of rise trend not sustainable.

I was wondering whether he has lost his patience or not. Not easy in share market. All u need is patience.

https://www.canadiancattlemen.ca/daily/ocean-freight-index-hits-five-and-a-half-year-highs/

Buy in

Buy in now, shale oil production will be ending soon...
https://oilprice.com/Energy/Energy-General/Why-OPEC-Will-Outlive-Shale.html

"Conclusion
While, the US shale industry has grown its production significantly since the oil price collapse in 2014, OPEC’s core members have managed to protect and grow their market share. Most importantly, the surge in US oil production has drowned the US E&P industry in red ink: close to 200 E&P companies have filed for bankruptcy and hundreds of billions of dollars in US energy stocks market value have been lost. Furthermore, the E&P industry has lost access to the debt market and equity markets, meanwhile industry insiders are being forced to admit their mistakes, change their ways and walk down their rosy production forecasts. Ed Morse, head of Commodities Research at Citi bank, had this to say about OPEC’s decision to extend its production cuts:
“The countries involved have no clear endgame other than to push back the inevitable time in which the age of supply abundance can no longer be held back.”

Its hard to know whether Mr. Morse, a respected market veteran, truly believes in his own statement. The OPEC+ policy of awaiting a projected flattening in US shale growth is the literal definition of an end game. As to the “abundance of supply”, it is not as much of oil as it is of cheap capital, and now that Wall Street has closed the money spigots, the illusion of unlimited US shale growth is soon to be shattered. "

Yes IPP will be good as they can sell the electric to the public.

Buy in Malakoff before it`s share priCE rises

http://chinapress.com.my/?p=1659266

Yes, good news, but low demand for logs

At the time of hopeless, u decide to throw all them out..but it is the time it starts moving up..

Just share buyback and US Nasdaq at all time high.

1700, explosive shooting, what is the main reason behind?

Still not confirm. Need to cross 0. 65

This is another example of easier said than done. Now he wants to buy Asiapac at RM 0.08。。。

yes, this is a good opportunity to sell, don't miss this if u want to sell..

I personally feel that dividend factor is an important reason in deciding whether to heavily invest in a counTer or not. This is what Asiapac lacking for。。

Haha, another 3 bids to RM 0.11, it seems very easy to reach, in fact it is ten KM distances. Another 25 bids, it drop to zero value, is it possible? Seem easy, but not so because every counter has its real master hand.

DATO' SRI ROUSHAN A/L ARUMUGAM (a company director) acquired 100,000 shares at 1.070 on 20-Jun-2019.

Nice, director starts buying in.

Wait for RM 0.08, not easy. Sell at RM 0.14, also not easy. That is the fact.

Better to stay aside and watch first。。。

What happened? Dropping Non stop

This counter goes into the drain very soon.

Small vol of logs
Previously, it produced over 100,000m3 per mth

Persistent is very important because u don't know when it will rebound

Is Maybulk’s fleet already for IMO 2020?

I only consider to buy if it is below RM0.50 because the economy is so bad that anything can happen including testing its new low @ RM 0.40

Oops, no demand for plywood right now. Economy downturn

yes, high possibility that Imago will convert into REIT, provided, the profit generate from Imago mall can yield a satisfactory return after deducting its loan interest. Right now it has to reduce its loan (for Imago-RM 337 million-assume all the loan taken is used to finance Imago) to a manageable level.

Mall operation-revenue=RM 85.484 million
Mall Operation profit = RM 22.421 million

Loan (assume all the loan is used to finance Imago) = RM 337.149 million
Loan interest = RM 22.374 million (22.374/337.149 = 6.64%)

Therefore, the loan interest (RM 22.374 million) has eliminated almost half of the mall profit (profit after deducting the loan interest = RM 22.421)

Yes, it has high NTA and nice EPS, but u need to aware that a high proportionate of it was came from appreciation of Imago.

Once the economy is downturn or any unforeseeable circumstances, it may have a situation like devaluation of Imago which may result in losses and lower NTA.

A healthy company should have more operating income than its revaluation income.

A lot of China giant companies were ignored by the local Chinese in the past when they asked for funding as they are making losses at first. No Chinaman want to lend out money to these companies. So these CHina companies no choice, they ask for foreign funds. And these foreign funds willing to lend their money to these China co. Now these China companies become giant co and local Chinese regret .

What I want to emphasize is that failure in the past is not equal to failure in future.

Hi Philip, Asiapac share price was not performing in the past is not equal to Asiapac will not perform in future. Future is sth that one cannot predict or assume by normal persons. Who know one day it might shooting up 100% or 200%?

Asiapac previously is undertaking insurance biz, It only engage in properties in Year 200x if I'm not mistaken.

Every biz, every investment does carry risk. There is no guarantee profit. If u are afraid of losses, e.g. Imago depreciates in value or some reasons or others, then investment and biz are not your piece of cake. You are only suitable for nine-to-five job 朝九晚五的工作。U get it?

Agreed, borrow to own properties is a normal way to accumulate your wealth as real properties will appreciate in value, so Imago no only benefit from rental, but also appreciation. One year appreciate RM 40million is very good already. Assume cost of the building is RM 400 million, it appreciate by almost 10% pa.

As for borrowing to build Imago, may I know how many of you are using cash to buy your residential properties?

@valour, u are indeed very good in expressing some ideas in a implicit way, really nice bros!

Every business has a risk, same to buying share. But there are different kinds of risks and these can be differentiated into high risk, low risk, seasonal risks and etc.

Normally, mall renting can be considered as low risk (this is correlated to the company low growth rate) as population in developing countries tend to increase due to high birth rate, unless there is a serious economy downturn or better malls coming up.

Sell, unbelievably loss by over 100 million

What happen to oil price, down by more than 2%

Any hope for this company...?