sold a little pphb at RM1.14 (11 july 2024). stil got a few left hoping for privatiazation. will top up back in case price goes lower

@MikeyChan

POHKONG PB = 1.18 / 2.07 = 0.57
TOMEI PB = 1.82 / / 3.1 = 0.58

POHKONG has slight NTA lagging behind TOMEI that needed to catch up

that is not yet accounting it's greater than tomei most recent QR

lagging behind tomei again

technical analysis is irrelavant here

investment is all about taking advantage of value gap between actual value and market price

strategy involved is just as simple as to park my capital at the one with better latest QR, jump back and forth between price gap while freight rate is high (good prospect / catalyst for both counters)

@speakup I bought harbour at 1.20 before jumping to sygroup after harbour latest QR released, maximize possible profit between these 2 very similar and directly competitive companies

@NatsukoMishima regardless of NTA. tell me what you think is good about swift? EPS is bad considering there is one off gain involved recent QR, debt situation is also bad, no promised future prospects. what is actually good about it? it seems to me just a regular company traded at fair value

@NatsukoMishima NTA is key to judge the value of a company. we are not just looking into good company. but we are looking good company that the price must be traded at "undervalue" keyword is undervalue.

a good company if traded at fair or overvalue is no longer worth to purchase as it is harder to give capital gain as compared to undervalue good company

@nemesis 2022 articles?

I prefer to reenter in case it turned syariah complaince again (as long as price still reasonable by then). as of now i focusing on sygroup first

bought back a few orna at rm1.00 (9 july 2024, 4.02pm). price seems to be grounded for this qr and easily maintain for next qr even at minimal positive. hope for next qr to show significant improvement and price would almost guaranteed to follow up

@NatsukoMishima you need to learn valuation proper way. sygroup / harbour price has up significantly for the last 6 months while swift are still flip flopping between 0.50 and 0.60

we don't sell mecerdes just because it's price can buy multiple proton cars. must look into it's value

@NatsukoMishima swift's recent QR involved significant one off gain, somemore a debt is still high, NTA is mere 0.80, 5x sen is quite fair valuation unless if future QRs can show improvement.

so far sygroup (price 0.785, nta 1.11) / harbour (price 1.55 / nta 1.95) is still so much better choice comparatively due to better QR and less debt / finance cost burden

the above I said is also possible if operator has already collected as much as possible shares of the company, because since when the big boss would like to share profits with investors? most likely they want to keep most profits for themselves. only thing we can do is hold as tight as possible until that day happen and be the few survivors left that the operator cannot sweep away

I would be glad if asiapac can do the same as wct, relist imago mall as reits so that mother share value can be unlock by clearing bad debts with ipo money, and also hope that existing shareholders here can get little portion of imago reits free shares. best win situation.

that way investors that not interested in asiapac's property development business can sell away mothershare at reasonable valuation and move the capital into imago mall new reits (if reasonable ipo / post ipo market price) or move into other undervalue counters

@Sean08 things are so mess at smi. imo, smi is just a liability to asiapac, as well as it's own property development sector. only good thing in asiapac is what that made up majority portion of it's NTA and serve as the only source of consistent profit income I.E. IMAGO MALL

value of this counter should be 0.200 above no doubt. but also bear in mind that most queue parked at 0.110 / 0.115 are most likely the operator itself, therefore are irrevalant as support as it can just be opeator's mindgame and operator still can went back to 0.110/0.115 anytime if wanted to collect more.

in short it is still all up to operator in this highly controlled counter

@nemesis hopefully, operator has been collecting for year, as long as we have been waiting, I believe the price only keep this low for operator to collect more by exhausting investors' patience, currently it is still almost half the price of iculs / ipo despite the company fundamental is now more built up with imago mall and NTA been grown to 0.73 despite bad debts. bear in mind that big boss mah subscribed the most iculs at 0.200. for that he is very well aware that the company is worth a lot more than that and in future will be traded above that whenever he wanted.

with that being said, despite trading a little back and forth in between, (had to do so in case operator still want to play and collect more at lower price flip flop), I am still keeping majority of my stakes here. 40% of my total investment capital is in this counter.

asiapac most investment losses / gains are mainly due to price changes (quarterly) in smi if I am not mistaken, because it is it's main external investment besides own businesses of imago mall & property development

yes related, having stakes in each other, but the their respective big boss (biggest shareholder) is not the same person. asiapac's big boss is mah. smi is having internal affair now to decide who are the big boss, but unlikely to be mah because his stakes there as far as i know is not close to be the biggest shareholder

btw talking about syariah list, can also refer to MESB (which just turned into syariah complaince) to study the opposite effect

nothing to catch up with MISC as harbour % price up recently (up to 1/2 or 1 year) is still ahead of misc. sygroup just catch up with harbour but price still parallel as of now.

as of removal of syariah list, not only it will may cause recent selling, it may also cause long term lack of interest from a big group of Malaysian investors.

despite so, I am still positive that harbour price might still up with good freight rate and potential good upcoming QRs, just that it might not be as attractive as sygroup considering sygroup is still syariah complaince and has a slight better current QR

hi guys, anyone here know what will happen to existing shareholders if WCT listed as reits? will it's existing shareholders automatically get free shares of it's newly listed reits? or still need to subcribe and pay for the ipo of the new reits? and what will be the direct consequences to the share price of it's original stock of WCT?

the buyer can also be 3rd party retailers / institution investors with huge capital that are interested with the company at current low price. too many possibilities to be conclusive or get prematurely hyped before actual rally happening

even if you are right, 5m is just 5/1488 = 0.3% of the total shares here. doesn't signify they have collected enough. just point out facts, despite I hope you are right and this counter fly high next week

@stncws how to trade RM0.118 at the market? if you mean average cost, how do you calculate that? how you know who are the buyers & sellers behind all the transactions?

@stncws how / where u get such info?

btw, don't get too confortable with the support queueing, this stock is stil highly manipulated, we don't know when the bos finish collecting and want to fully unlock value

for cut queue play I won't risk a lot stakes also

@stncws won't know before it happen, those I cut queue sold at 0.12 yesterday morning only 2.5%. previously cut queue topped up 5% at 0.110 (01 july). just minor profit locking play before reaching my reasonable TP of iculs / ipo price of 0.200. ultimate TP even beyond that and yet to set considering NTA is above 0.700

top up a few sygroup at 0.790 (05 july 2024, 3.32pm), bought back those I sold yesterday at 0.835

sold 7.5% more asiapac at 0.120 (05 July 2024, 3.22pm)

no more free gap meat now at sygroup, but now let's see if both counters can rally higher towards respective's NTA

no more free gap meat now at sygroup, but now let's see if both counters can rally higher towards respective's NTA

SincereStock

sygroup going to correlate with harbour at 1 : 2

3 weeks ago

posted this 3 weeks ago at SYGROUP forum

happening already now, sygroup has now overtaken harbour price in term of 1 : 2 ratio. with sygroup rally higher to 0.830 from 0.70, while harbour remain stagnant at 1.6 level

SincereStock

sygroup going to correlate with harbour at 1 : 2

3 weeks ago

happening already now, sygroup has now overtaken harbour price in term of 1 : 2 ratio. with sygroup rally higher to 0.830 from 0.70, while harbour remain stagnant at 1.6 level

sold a few sygroup at 0.835 (04 july 2024, 10.51am), still got a few left

it is quite worth to park a few cash while anticipating price back to pre klci downtrend before next QR for further analysis

recent QR is clean and fantastic, 1 of 2 best QRs (insignificant;y different to each other). annualised around PE 5.5

company claim to do expansions oversea

facebook page are active promoting

no debt totally clean net financial income

still significantly below NTA

top up a few NHFATT at RM2.00 (04 july 2024, 11.33am)

cut queue sold a few at 0.12 today open price 04 july 2024, 9.00am

bought a few NHFATT at RM2.05 (03 july 2024, 4.45pm). one of few good fundamental counters that is still lagging behind today's market recovery

cut queue top up a few ASIAPAC at 0.110 (01 July 2024, 4.50pm T-Price)

sold all at 0.915 (01 july 2024, 9.51am)

top up a few sygroup at 0.760 (28 june 2024, 3.40pm). it's next QR maybe better due to higher local freight rate

@Bullballs confident but definitely not 100% sure la, nothing is 100% sure in investment, as long as don't all in it is worth the risk / favourable odds (for me personally la)

cut queue sold a little more MESB at 0.635 (26 june 2024, 2.30PM open t-price), still got around 30% stakes left

@investorbat the research you shared says resistance at 0.64 lol (technical stuff), as a shareholder here (still got stakes left) hope that happen too but I rather be doubtful with technical stuff and such researches.

preparing to top up back some if price falls to lower level