I will reload at 1.12 hehehe

Accounting standards for layman...

ABC Berhad receive RM50,000 from Mr John

The policy is to cover his life for 5 years

Layman see RM50,000 received, i.e. income of RM50,000 received today

Accountants see RM50,000 to be recognised as revenue over 5 years i.e. RM10,000 every year over 5 years

I disposed half. So am I still welcome here? :P

So quiet here today. Good thing, means that the euphoria is gone. Stabilising!

Hi I'm back in UOADEV :)

@limyuwei what can go up 100% in a few months can also go down 90% in a few months

And Allianz is not that kind of stock

Huhuhu tergelincir

Sabar, hold for divvy

When he write like this.

Meaning he could be back in accumulating Supermax shares liao.

Yes puny but you have to price in the growth.

IGBREIT is the AXISREIT of mall REITs.

Based on historical trend, should be announcing dividend ex and payment date this week.

Guys, just wanna share an observation from my experience of investing in shares in Bursa.

As a consumer, you may find a company to be good, but it may not be a good investment.

As a consumer, you may find a company to be shitty, a bully etc, but it could be an excellent investment.

Sentiment as consumer is not a good indicator to decide whether a company is worth investing in.

Oh by the way, I topped up on Allianz just now :)

Yes engine started for Ta Ann

While we are discussing the pros and cons of Allianz here, EPF has been accumulating.

@emc2garylow

https://klse.i3investor.com/servlets/pfs/155387.jsp

You don't need to be a millionaire to have a decent portfolio, as trading fees are so affordable nowadays, and 1 lot is only 100 shares, no longer 1 lot = 1000 shares.

Let's say RM2K per counter.
I have 9 counters now.
That's only RM18K

Pinky motto - EVERYBODY CAN BUILD A BURSA PORTFOLIO!

"However, the risks factors cited by AllianceDBS include corporate governance and related-party transactions. The Senai Airport Terminal Services Sdn Bhd purchase in 2008 saw its share price being punished severely."

I guess this was why MMC was not liked by investors, hence trading so cheaply for so long time.

@tatwaiwong if earn enough liao then run lo

No right no wrong

@pingdan MMC is Syed Mokhtar company

2018 General Elections won by Pakatan

Now UMNO is back

So...you know the story...

Guys don't get too emotional

I think what that guy was saying is not that MMC is expensive

Market is always irrational, and we have operators

I think he meant don't get caught in another round of ZZZzzz of stock price hibernation

Cheers all

P.S. I'm still holding for both dividends and potential gains

taitaiwong ♥ ♥ ♥

I will be here to kacau u forever hahahahaha

Should be on its way back to 3.30-3.60!

Timber should recover as world economies reopen

Pent-up demand from constructions that sangkut during lockdowns

@rr88 +100 agree with you

MMC is getting too large in my portfolio, better take profit and reduce it to a comfortable %

At least I don't have to go check the price up/down every now and then hahaha

Now whatever happens to it I don't care, I gonna be taitaiwong 2.0 just sit back enjoy its dividends hehehe

Good for u lo taitaiwong hehehe

Mr taitaiwong, past few weeks u got buy or not?

Lai lai share with us

hahahahaha taitaiwong

I hereby declare I already sold half my holding at 1.21

Left half to continue the ride :)

JOHOTIN low volume, very easy swing up de if got buying demand

Shit. Glove doom reached MMC liao hahahaha

@LRWoo99 this is not "stuck"

This is called "consolidation"

Seems like quietly going up again

taitaiwong gor gor!!! ♥ ♥ ♥

@vanbasten9 are you dumb or what?

Author: JENNY LOH

Should go to 1.50

IB punya TP not unrealistic

To be frank la if Westports can trade at 5 times NTA

MMC should at least 50% NTA
or at least match Westports' dividend yield lo

Today shall break 1.20 resistance convincingly?

When share price overshoots, some warrants become a piece of waste paper...

IBs are all evil? If not because of IB analyst reports on MMC, I also won't discover this gem, won't go do my own homework to decide it is a worthy investment.

Not all bankers bring you to Holland...

And not all "friendly" advisers want the good for you...

As always, caveat emptor!

After the recent spike I'm surprised still no IB publish any update or trading note on MMC. Hmm...or did I missed them?

@limyuwei now that you mention it

Yeah, I reinsured using Kurnia/AmAssurance online myself (i.e. skip agent), got 10% rebate

Allianz no rebate

Furthermore with UMNO as kingmaker in PN (if they leave then PN hancur)

Syed Mokhtar businesses should have bright outlook

@limyuwei I thought motor insurance is standard across all general insurers?

Of course u don't go add this and that la. General comprehensive insurance should be standard, no?

@trumpgreatagain not meaning to tease or laugh at taitaiwong, but I believe that is exactly what happened to him when he bought MMC at RM2.00+/-

You don't hear him complaining much because he still enjoying his dividends for the past few years :)

U buy MMC, if u kena trap, u still can treat as FD collect dividend which is comfortably above FD rates. At least more than double!

DNEX? U kena trap, ask for Buddha or Jesus also no use.

DNEX:
T4Q P/E | EY: 1,752.00 | 0.06%

Speculative stock. Enuf' said.

@zulhanizam93

not apple to apple

1. Westports is 100% ports
2. MMC got Gas Malaysia, Malakoff, Alam Flora, constructions & engineering

f total divvy 6.0 sen

And u bought today at 1.24

Fret not la, just keep for 4.838% dividend yield

Treat at FD lo

RM1.20 >>> RM1.36

Still got 13% to make

Hehehehehe

You guys forgot 1 very important factor

I read somewhere that Allianz got exclusive right to sell motor insurance at Pos Malaysia offices nationwide

This is a good income driver

@glorymas my average cost only 80 sen, now at 1.20 I already profited 50%.

Of course planning exit already

Furthermore my main investment objective is for dividends

When MMC divvy yield falls below divvy yield of, say, IGBREIT (one of my fav REIT) at <4.0%, of course I will sell at least some lo

MMC 2019 divvy 4.5 sen
MMC 2020 interim divvy 1.5 sen. Final divvy still unknown

Assume final divvy 3.0 sen. FY2020 DY@RM1.20 = 3.75%
Assume final divvy 4.5 sen. FY2020 DY@RM1.20 = 5.0%

IGBREIT net yield now 4.40%

Let's ASSUME MMC FY2020 final divvy is 4.5 sen, so total 6.0 sen
4.40% DY is 0.06/0.044 = RM1.36

Pinky might trim position at RM1.36

@BULLBULL_BULL I don't give advice, later Securities Commission ppl come knock my door

I only give GENERAL ADVICE

Don't put all eggs in 1 basket - diversification in a portfolio

@trumpgreatagain

Jenny Loh = KYY???

@LRWoo99 until the dividend yield no longer attractive vis-a-vis dividend yield of my REITs esp IGBREIT.