RM1.05 is bottom accounting to their net current asset, unless they start making losses QR

https://www.youtube.com/watch?v=m31TkvDgthc

disclaimer: not my own video, just sharing what I saw

https://www.youtube.com/watch?v=aQ6nn-WxkKI

revised my 2nd home project beneficial for property sectors?

https://www.youtube.com/watch?v=aQ6nn-WxkKI

https://www.drewry.co.uk/supply-chain-advisors/supply-chain-expertise/world-container-index-assessed-by-drewry

Container Index rise in 2024?

this guys keep collecting from years ago, never dispose

President DATO' TAN HENG CHEW acquired more shares again at 2.387 today, seems like he is very confident with the company's worth

https://www.klsescreener.com/v2/news/view/1251411

good news here

oya and forget to mention APM is a much bigger company compare with MCEHLDG

go see MCEHLDG result, it is good, proving that this autopart industry is indeed doing good now overally, but APM still better. Especially in term of fundamental undervalue. MCEHLDG price already traded above NTA, although EPS wise it is quite encouraging, so if you are interested with MCEHLDG, why not invest in APM instead for better opportunity (65% NTA discount!!) hehe

topped up a few more preclose with last minute obtained cash from selling SUCCESS

sold all at 0.705 today, overally good capital gain profit at before profit lock plus good dividend bonus. nothing bad with this counter but need cash to buy more undervalued HARBOUR and good prospect APM

43% NTA discount is also a great reason to have this share at this moment and price.

finally reentered this counter again at RM1.10 today (last round leave at RM1.20 with little profit) , good opportunity now consider freight rate already at it's lowest level regular level, hardly goes lower consider the consistent demand. company own's prospect review through recent QR is positive, I did put a few trust to them at this. some more with previous retained huge profits, the company is operating at net cash balance with net positive finance income. The net current assets after minus total liabilities is RM1.05 per share, which is assume is the bottom price under this fundamental for at least short or mid term.

at DPS of merely only 6 sen and at current price, DY is already sitting above ASB's 5.25% DY.

6 EPS is fairly easily achievable with this company refering to it's good previous performance.

PE below 10 can be maintained easily if company can sustain 4 EPS per QR

besides, this company is now operating at strong cash balance with net finance income, if EPS sustain for foreseeable future price can easily rise consistently back to it's former height

gave up waiting for more discount, just bought in a few at 2.37 today, will top up more if can get more cash from other counters, seems like profit taking is over and few willing to sell at lower price, price outburst is anytime considering prospect of this industry is good with the rise of EV in Malaysia.

EPS doesn't seems to be one hit wonder at this point. this company has good chance to perform and back to it's former glory era during 2009 to 2014, somemore this company is very generous at giving out dividend even during bad times

sold all at 1.21 (good little profit overall), too much reliance on GOLD price, need cash to invest other industries that has better market prospect at this time, will revisit this counter if there is better opportunity and timing

https://tradingeconomics.com/commodity/containerized-freight-index

is this the correct one to use?

hey guys, can I know where you guys check freight rate related to HARBOUR for reference?

latest prospects~

IQ-group’s commercial solutions (Lumiqs), professional portfolio (ODM) and retail products (DIY/Online) all continue to provide
both the valuable business of today and exciting possibilities for the future.
The results achieved in the first half of this financial year continue to provide the positive basis upon which we are confidently
seeking to maximise opportunities for growth in the key business areas as we move forward.

The combination of IQ-group's innovation, quality and customer relations, plus our undiminished determination to achieve a
significant breakthrough in own-brand sales, provides a compelling basis for confidence with regard to IQ-group's future
prospects.


no choice but to wait and hope that next QR is good now, sell queue price is so unfair consider their cash balance & other current assets in NTA. holding power is very important in such situation. that's why never invest with borrowed money or margin account

closing good 0.925 1 bid below today highest 0.930, tml should be still got show, many still not yet realise today's afternoon announcement

https://i.ibb.co/p3LMBLs/imagoparking.jpg

parking always full even during weekdays because kk people like to park there to go to their work place

fantastic hidden reits company

PENERGY has similar fundamental with DAYANG (recent EPS and NTA), while PENERGY has much better dividend payout. but DAYANG is still so much ahead in term of price. bigger company doesn't mean better company in term of PRICE PER SHARE

tempting, let's see if can get a good bargain entry again in the future hehe making money else where first

KUALA LUMPUR: Petra Energy Bhd and its wholly-owned subsodiary Petra Marine Sdn Bhd has entered into a memorandum of agreement with Great Sky Investments Corpoation for the disposal of a vessel named Petra Lyra for US$3.95mil (RM18.45mil) cash.
Petra Energy said in a stock exchange filing the vessel is an accommodation work barge built in 2009 that sails under the Malaysian flag.
"The disposal is timely as it allows PEB to monetise non-performing asset within the Group and crystalise the value of the vessel at a reasonable price.
"At the same time, the disposal will result in future savings in term of annual laid-up costs, reactivation and dry-docking," it added

should be a correct good decision~

well managed oil company compare to others, minimal losses during bad times and performing well during good times, 7% dividend payout even when debts is not all clear proves that management confident to generate consistent profits in future

another 4 sen dividend ^_^ nice xmas gift~

GOLD is the only not human invented currency

top up a few more at 0.105 today ^_^

latest ASIAPAC prospect~
The Group currently has three active divisions contributing to the Group’s results, namely Property Development, Mall Operations and
Carpark Operations. Despite facing a confluence of headwinds globally, including inflationary costs pressures and elevated interest
rates, the three divisions of the Group continue to show improved operating performance amid the resilient domestic economy. The
Group envisages that it will continue to face headwinds in light of the persistent global economic uncertainty alongside the ongoing
and rising global conflicts which is causing volatility in the currency market and escalation in prices around the world.

sold back all at 0.235 today (losing brokerage fees), to me it seems like this QR has run out it's catalyst power to pump the price up, will keep on monitor this counter for it's next QR and see if there is better fundamental and entry price by then

they use pp money to pay debts, future financial cost will be much lower, very crucial thing is their future company EPS, which highly dependent on their main business moulded cord

from now on depends they serious on back to business or continue to play goreng saham game only

me confirm small retailer la, a very stingy one, expensive a bit also don't buy liao haha
you I really don't know how big la (just confirm bigger than myself), but SURIA is not a big cap company though, mid cap at most. Somemore half of the share at SABAH's gov hand, which is a quite unlikely a market game player, but who knows la, let's see la, less than 3 more weeks end year

I wonder if nowadays most people invest with phone apps,
it is important to invest with internet explorer if you want to see bigger picture of what is going on

https://i.ibb.co/yd6TvDJ/suria2.png

anyway, if I am the guy with that much of capital in hand and I knew something good is going to unfold for SURIA. I sure will try to keep the price low and collect diam2. why collect at higher price and try to make everyone think something good is going to unfold?

stock market is always a mental game, need to know the intention behind someone's act, and what's might be next

hmm, so mean it is a yearly contest? so it should conclude this year's end right? please correct me if I am wrong. tbh I don't get what is the contest about actually, didn't follow and not interested. congrats that you win anyway, though you should be more happy about gaining 171% of your capital than winning that contest, but I know everyone "jia zhi guan" is not same, so just congrats for staying at top spot for that contest hehe

private placement concluded yesterday, so far the lowest price for the private placement is 0.2155, higher one would be 0.2704 at higher volume.

raised total of 10m for a company of market cap of just 47m. what's the point of diluting the NTA at this point?

if book value is not genuine, then why spend another 10m into this company?

from this management's move I see 0.215 is the bottom line, unless got more private placement at even lower price in future

been investing (in and out, profit gained) and monitoring this stock for years, not hard to see now only 1 guy / party responsible for the price upward rather than overall market interest, thanks for lifting the price up though although I didn't stayed longer

https://ibb.co/Tg8vb6N

sometime got 1 guy put 1k lot support somewhere to prevent price free fall but today the guy still not up.. hmm..

@tonywong8 SURIA got news yesterday about Sepangar port leasing to DP world. but I am still more interested to know your tournament deadline than any SURIA's official announcement or news now hehe

@tonywong8 I guess maybe end of this year? hmm... maybe got chance to reenter this counter with more affordable price after that... just maybe.. I like this counter but not current price :-(

maybe privatization offer is not in near future, but for price wise, cheaper is always worthier

of course yes, the cheaper the better, considering it's QR report and NTA is all valid la, then confirm is GEM. only situation this counter will become a germ is if they fake it's fundamental like SERBADK. or when future EPS can no longer sustain

tha's why need to hold tight lo haha, we don't know when it will realising it's value

potential capital gain is more prominent in this still undervalued counter

nice, btw mind to tell me when your tournament end ka? hehe tq

ic, so long juga your tournament bro lol when baru it concludes ya? wish you win btw

@tonywong8 your tournament end liao ka? you win liao? kindly update here? I didn't follow lol

@Albukhary well insights

imo, that's why when buying a stock we cannot simply focus on its EPS and sometime overvalue it due to it's branding, it is also important to looks at it's existing assets value. in case EPS cannot sustain or business go sunset still can liquidates the business and it's assets to be distributed to shareholders

bought in a few at 1.82 today. bulking sector looks promising. just with the EPS of first 2 QRs and recent dividend payouts, at least 12 sen dividend seems to be locked for Financial Year: 31-Mar-2024

hmm, don't know when is announcement haha hopefully.. 0.76 hmm...

@moolala true, if business cannot be profitable already management should liquidate the business and distribute the net value to shareholders rather than wasting time here. stuck in here cannot move due to this QR, I believe 0.800 is not the price to sell even if the company stop generating profit from now on

no goreng but people dump the just credited share dividend instead lol, so unappreciate, guess we have we wait longer, hope company continue to do share buy back and distribute the shares as share dividend again to loyal investors