Posted by Balian de Ibelin > Feb 22, 2024 9:20 PM | Report Abuse
I noticed Mike 🐀 hands started shaking when he saw Probability and these alien parasites.
Mike 🐀 is a coward who only bullies the honest weak who have integrity.

Haha Probability just totally ignore Mike 🐀 as though he does not exist.

Many people also advise me to totally ingnore this slanderer and good for nothing Mike 🐀 but sometime I just can't help myself but to poke fun at Mike 🐀.

I had a 2nd stroke yesterday. That means my heart can't pump up enough of blood with oxygen to my brain. The CT scan shows there is unwanted blood in my brain. The brain surgeon says at my age, he wouldn't open my head to release the unwanted blood. He is giving me medication to remove the blood

My colleague send me the above whatsApp from KYY.
I just say a prayer that KYY will get well soon and hope he make some money from his holding on KSL.

LTKM with 10 sen dividend and EPS of 21.58 sen quarter end 31/12/23. Will be very interest to see how LTKM prce will react tomorrow?

I3lurker,
Joke aside I am thinking of buying Penergy tomorrow. What do you think?
Increasing EPS and dividend 4 sens this quarter.

Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 31-Dec-2023
31-Dec-2023 138,190 24,507 26,392 26,392 19.10% 6.47% 8.22 4.00 1.2700 60.07% 233.91%
30-Sep-2023 149,052 25,591 16,488 16,488 11.06% 4.08% 5.14 3.00 1.2600 1.56% -32.13%
30-Jun-2023 184,787 19,285 16,235 16,235 8.79% 4.18% 5.06 0.00 1.2100 375.59% 1,071.36%
31-Mar-2023 81,503 -5,001 -5,891 -5,891 -7.23% -1.58% -1.84 0.00 1.1600 -174.53% 71.28%

Price controls for eggs remain, subsidies for chicken to be lifted from Nov 1 [Updated]
By Mandy Leong
October 30, 2023 @ 10:35am

Price controls for eggs remain, subsidies for chicken to be lifted from Nov 1 [Updated]

KUALA LUMPUR: Agriculture and Food Security Minister Datuk Seri Mohamad Sabu today announced that subsidies and price controls for chicken would be discontinued from Nov 1, while subsidies and price controls for chicken eggs remain unaffected.

He said the chicken supply in the country remains sufficient.

"The termination of chicken subsidies has taken into consideration the current supply and price trends, and the cost of chicken production has begun to stabilise, contributing to the current market prices being below the ceiling price.

"Subsidies and price control for Grade A, B, and C chicken eggs will continue using the existing mechanism.

"We are maintaining the subsidies for eggs because if we were to discontinue them at this point, the price of each egg is expected to increase by RM0.10, and typically, people purchase eggs not individually but in trays," he explained.

The retail ceiling price for grade A eggs is 45 sen each, grade B (43 sen) and grade C (41 sen).

Mat Sabu said the government had obtained a commitment from the industry to prevent substantial price hikes for farm-gate chicken, which would burden consumers.

"We would ensure the floating selling price of chicken remains reasonable.

"Also, egg producers and other stakeholders have given their assurance they will make an effort to ensure an adequate supply of eggs in the future," he said.

He assured that the government would secure additional supplies from external sources in case of a shortage of chickens.

He also reminded the public not to panic buy, "just get the amount that you need; do not stock up since that might cause an unwanted supply shortage."

I think a NP of 20% is good enough.
That will give Teoseng EPS of 14 sen per quarter or 56 sen per year.

Will write in to BOD to reduce eggs price to NP of 20%

Cheers !!!
👍😁

What will be eggs NP margin next quarter?

LTKM NP margin is 47.64%
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 31-Mar-2024
31-Dec-2023 64,838 33,408 30,887 30,887 47.64% 11.07% 21.58 10.00 1.9500 328.03% 1,329.29%
30-Sep-2023 66,818 9,344 7,216 7,216 10.80% 2.91% 5.04 0.00 1.7300 176.79% 70.27%
30-Jun-2023 64,757 4,420 2,607 2,607 4.03% 1.10% 1.82 0.00 1.6600 -72.08% -46.71%

Teoseng NP margin 33.47%
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 31-Dec-2023
31-Dec-2023 199,857 75,011 66,886 66,886 33.47% 13.99% 22.80 0.00 1.6300 52.59% 413.28%
30-Sep-2023 199,988 40,594 43,834 43,834 21.92% 10.45% 14.94 0.00 1.4300 72.58% 8,394.96%
30-Jun-2023 177,737 22,627 25,399 25,399 14.29% 6.76% 8.65 0.00 1.2800 29.03% 545.96%
31-Mar-2023 183,400 24,422 19,684 19,684 10.73% 5.54% 6.70 2.00 1.2100 51.06% 373.17%

I think import rice is cheaper than the Madani white rice.
But you need AP to import rice.

our wink wink gobermen very good 👍

For eg.
WC 40 sen, mother RM 1,20
3 WC convert into 1 mother share
no ?

Ah Thong will say use your brain, just sell your 3WC at 40 sen each and then buy 1 mother share.

I3lurker,
You just need to monitor corn price to estimate wheter it is going to be a good quarterly profit.


https://tradingeconomics.com/commodity/corn

This is what happen to Insas-WB

INSAS BERHAD
Instrument Category Securities of PLC
Instrument Type Warrants
Type Of Expiry Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price Cash
Exercise/ Strike/ Conversion Price Malaysian Ringgit (MYR) 1.0000
Exercise/ Conversion Ratio 1:1
Settlement Type / Convertible into Physical (Shares)
Last Date & Time of Trading 07 Feb 2020 05:00 PM
Date & Time of Suspension 10 Feb 2020 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c 18 Feb 2020 04:30 PM
Date & Time of Expiry 25 Feb 2020 05:00 PM
Date & Time for Delisting 26 Feb 2020 09:00 AM


EXPIRY OF EXERCISE RIGHTS
Warrantholders should note that:-
(i) If their Exercise Rights are not exercised and the relevant Exercise Form together with the remittances are not delivered to the Company’s Share Registrar by 5.00 p.m. on the Expiry Date, their rights will lapse and become null and void, and cease to be exercisable thereafter; and

(ii) All unexercised Warrants 2015/2020 rights remaining in the depositor’s CDS Account as at 5.00 p.m. on the Expiry Date will expire and all unexercised Warrants 2015/2020 will be debited from the respective depositor’s CDS Account on Wednesday, 26 February 2020.

After maturity date the Insas-WC will be delisted from Bursa. So you cannot trade Insas-WC any more.

You can only pay up exercise price of 90 cents to Insas for Insas to convert you Insas-WC to Insas shares.

Haha the HengYuan is a case study to trap the naughty Mike-tikus, I actually earned some free bintang beer and lobster with PetronM.

So no worries for me, like what Philip teach just monitor the quarterly result if fundamental and earning still good then invest more with the dividend received.

I3lurker,
I am trying to learn from i3 Mr.Loooong Philip and hope one day my Teo Seng will grow into the like of Philip QL.

So wish me luck.

Just a gentle reminder if you trapped yourself in Insas-WC, you have untill Feb 28 2026 to plan your exit.

Type: Warrants
Sector:
Listing Date: Mar 05, 2021
Maturity Date: Feb 28, 2026
Issue Size: 331,510,380
Exercise Price: MYR 0.90
Ratio: 1:1
Underlying Stock: INSAS

Many thanks to Mr.Tong of TheedgeMalaysia for recent insas price spike up is a very good exit for some minority shareholders.

Nowadays with email you can write in to seek clarification to IBs analyst or even company IR.

Me already sold down Armada and switch to Yinson.

the mantra is "new contracts, new contracts, and new contracts". Can't run away from that.

This stock currently trades at an attractive FY24F PE of 4.8x, which is below the 5-year forward average of 8x. As of December 2023, Teo Seng maintains a healthy balance sheet with a net
gearing of 0.03x. The company's balance sheet is anticipated to remain strong supported by its promising earnings outlook.

Meanwhile, Teo Seng offers an attractive dividend yield of 6%, assuming a 30% dividend payout ratio, with the board intending to distribute dividends ranging from 20%-50% of its PAT.

Technically Speaking
Resistance level RM2.50
Support level RM2.00

Dear Mr Lee

I apologise for the error in the previous report. As of Sep 2023, the correct net gearing for the company should be 26.6% or 0.266x.

I have updated the report to reflect the latest information, including the company's Q4 results, where the net gearing currently stands at 0.03x as of December 2023.

Please find the revised report attached to this email. If you have any further questions or need additional clarification, please do not hesitate to reach out.

Thank you for your understanding.

Best regards
Eunice Ng Qing Rong

Mike-tikus, I already earned how many free bintang beer and lobster from armada?

Stock : 5210 - ARMADA
118202090 01/02/2024 Brought Forward 150,000 0.4995
119109176 16/02/2024 Sell 20,000 0.5500
119109289 16/02/2024 Sell 10,000 0.5500
119124414 20/02/2024 Sell 20,000 0.5700
119130441 20/02/2024 Sell 20,000 0.5750
119130495 20/02/2024 Sell 20,000 0.5800
119130510 20/02/2024 Sell 10,000 0.5850
119130579 20/02/2024 Sell 10,000 0.5900
119130604 20/02/2024 Sell 10,000 0.5950
119130692 20/02/2024 Sell 10,000 0.600

Sometime I feel quity for profited from KYY when KYY push up jaks share pruce in 2017
But recent round I am very happy sold my jaks at 22 cents for my free bintang beer and lobster.

Send:
Dear Eunice Ng
CC: Kenny Yee Shen Pin

https://klse1.i3investor.com/servlets/ptres/70413.jsp

Teo Seng Capital - Set for a record year
Date: 20/02/2024
Source : Rakuten
Stock:TEOSENG

I am an ordinary investing public and was shocked to read your above article. Quote, “Though the company's current net gearing of 26.6x in rather exorbitant” unquote

From Toeseng Capital latest financial report ended 31/12/2023
Total equity: RM 477,078,000

Non-current liabilities
Term loan: 46,264,000
Hire purchase payable: RM 4,004,000
Lease liabilities: RM 3,241,000
Deferred tax liabilities: RM 29,016,000

Current liabilities
Trade payables: RM 43,654,000
Other payables and accrued expenses: RM 35,503,000
Hire purchase payable: RM 3,258,000
Other bank borrowings: RM 59,856,000
Lease liabilities: RM 852,000
Tax payable: RM 2,012,000

Total Liabilities: RM 227,660,000

And by the way the current assets RM 312,589,000 is higher than the total liabilities.

Hence may I know how you get the figures the company's current net gearing of 26.6x in rather exorbitant?

Your quick response will be appreciated.

Best Regards

Hahahaha,
Mike-tikus nothing to show except his blow water in jaks: each 1 Sen Up Shl has paper Gain 6 digit… is otw ….
Who is he trying to kid?
By the way his day and night 24/7/365 promoting jaks for tha past 8 months come to no avail.

Posted by Mikecyc > Feb 15, 2024 2:48 PM | Report Abuse
Haha no worries… each 1 Sen Up Shl has paper Gain 6 digit… is otw ….

Question:
Is the current BOD free to make decisions on dividend, special dividend and dividend policy or is BOD still taking instruction from controlling shareholder Dato’ Sri Thong Kok Khee?

Answer:
The Board highly values inputs, views and opinion from all shareholders including the controlling shareholder, and the Board, after evaluating and careful consideration of all facts, information and factors, will deliberate and decide at the Board meetings in the best interest of the Company.

@Tatooine,
Do not understand what you mean?

From Insas AGM key matters discussed:
As stated in Question 10, the Board will review and evaluate the financial performance, the availability of free cash and funding commitments of the Group & the Company and the global economic outlooks for the next 1 year before deciding any additional dividend that may be proposed and declared by the Company.

The stock is Teoseng selling eggs.

Teoseng
Ann. Date
Ex Date
Type
Subject
Amount
18-Jan-2024 16-Feb-2024 DIVIDEND Third Interim Dividend RM 0.0300
18-Oct-2023 15-Nov-2023 DIVIDEND Second Interim Dividend RM 0.0300
15-May-2023 07-Jun-2023 DIVIDEND First Interim Dividend RM 0.0200

Definately will top up Insas if price fall below 90 sen.

Yes bought some.

I already sold down my Insas and now looking at quarterly result on wich stocks to put my money in.

Today bought some shares with below perfomance.
Q1 EPS: 6.70 sen
Q2 EPS: 8.65 sen
Q3 EPS: 14.94 sen
Q4 EPS: 22.80 sen
Quess what shares is this?

Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 31-Dec-2023
31-Dec-2023 199,857 75,011 66,886 66,886 33.47% 13.99% 22.80 0.00 1.6300 52.59% 413.28%
30-Sep-2023 199,988 40,594 43,834 43,834 21.92% 10.45% 14.94 0.00 1.4300 72.58% 8,394.96%
30-Jun-2023 177,737 22,627 25,399 25,399 14.29% 6.76% 8.65 0.00 1.2800 29.03% 545.96%
31-Mar-2023 183,400 24,422 19,684 19,684 10.73% 5.54% 6.70 2.00 1.2100 51.06% 373.17%

Today bought some shares with below perfomance.
Q1 EPS: 6.70 sen
Q2 EPS: 8.65 sen
Q3 EPS: 14.94 sen
Q4 EPS: 22.80 sen
Quess what shares is this?

Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 31-Dec-2023
31-Dec-2023 199,857 75,011 66,886 66,886 33.47% 13.99% 22.80 0.00 1.6300 52.59% 413.28%
30-Sep-2023 199,988 40,594 43,834 43,834 21.92% 10.45% 14.94 0.00 1.4300 72.58% 8,394.96%
30-Jun-2023 177,737 22,627 25,399 25,399 14.29% 6.76% 8.65 0.00 1.2800 29.03% 545.96%
31-Mar-2023 183,400 24,422 19,684 19,684 10.73% 5.54% 6.70 2.00 1.2100 51.06% 373.17%

TQVM 3iiii,
I was in Malaysia from Feb 7 to Feb 18.
Fully enjoy my CNY reunion dinner with my brothers and sister family, mum and my family in Alor Setar. This year addition two family members for me as my eldest and second son just got married last year.

Hope to be a grandfather soon like many of you here. Will have another celebration with collegues during the chap goh mei to mark the end of CNY.

Type: Warrants
Sector:
Listing Date: Mar 03, 2015
Maturity Date: Feb 25, 2020
Issue Size: 265,202,536
Exercise Price: MYR 1.00
Ratio: 1:1
Underlying Stock: INSAS

Insas-WB expired worthless in FEB 25 2020. You can ask stockraider almost lose his RM5,000 buying Insas-WB at half a sen near expired/maturity date hoping that ah Thong will push up Insas share above RM1. 00 before WB expired/maturity date.

Type: Warrants
Sector:
Listing Date: Mar 05, 2021
Maturity Date: Feb 28, 2026
Issue Size: 331,510,380
Exercise Price: MYR 0.90
Ratio: 1:1
Underlying Stock: INSAS

If a week time before Feb 28 2026 Insas share price is below 90sen then most likely Insas-WB will expired worthless as no insas-WC holders will pay 90sen to convert Insas-WC into Insas shares for the reason he can buy insas shares in open market below 90 sen.

A warrant/option is "out of the money" when its exercise price is higher than the current market price of the underlying instrument and the warrant/option expires worthless.

Repost:
By the way Mike-tikus,
Jaks-WB expired out of money on Dec 2023.
Jaks-WC will also expired out on money come Nov 2025

Repost:
Posted by Balian de Ibelin > Feb 20, 2024 11:43 AM | Report Abuse
nothing new
MikeCheatYouCrazy eavesdrop on other people and got caught buying wrong stock again?
again?
never learnt hah! 😁

When I sold Hengyuan someone TA chart tell him 44 floor is the bottom so trapped himself at 44 floor.

When I sold jaks at 22 sen for my free beer and lobster someone TA chart tell him 19 floor is the bottom so trapped himself at 19 floor for past 8 months day and night 24/7/365 promoting jaks to no avail.

Free tips Q4 end 31/12/23 jaks financial result will be very bad with multimillion of impairment losses.

Now you know why AA never make money flying people.

SEPANG, 19 February 2024 ‒ AirAsia announced the launch of its much anticipated FREE* Seats Campaign today ‒ the first for 2024 ‒ with millions of seats to more than 130 destinations worldwide heavily discounted!

Unearth the wanderlust in you by exploring Malaysia’s famed hotspots such as Langkawi, Kuching, Kota Kinabalu and Penang from only RM28 one-way* or spread your wings further across Asean to beachy Krabi, culturally-rich Trivandrum and food-haven Bali from a mere RM83 one-way* and so much more.

For those a little more adventurous, you’re in luck! AirAsia is also having Big Sale on flights to a myriad of destinations across Asia and beyond, with starting fares of just RM299** all-in one-way to Taipei, Seoul, New Delhi, Almaty and many more. Seats booked during this campaign can be used for travel between 1 September 2024 till 18 June 2025. Simply visit the airasia Superapp or www.airasia.com to book your seats and plan your trips!

AirAsia’s world-renowned FREE* Seats Campaigns has enabled travellers in Malaysia and beyond from all walks of life to travel the world affordably over the years. Under these promotional fares, the base fares of the flights are completely free* of charge and guests need to only pay for the airport tax and relevant fees, allowing them to travel the world for essentially no costs.

https://www.sc.com.my/resources/media/media-release/sc-reprimands-three-china-based-companies-and-says-retention-of-four-directors-prejudicial-to-public-interest

If your mission is to expose conman than let me tell you to your face. What Stony going to pull out from his magic hat for capA is a con job of epic porpotions.

Now we know Mike-tikus and TheBull were a perfect fit, a match made in heaven.

Posted by Balian de Ibelin > Feb 20, 2024 11:43 AM | Report Abuse
nothing new
MikeCheatYouCrazy eavesdrop on other people and got caught buying wrong stock again?
again?
never learnt hah! 😁

When I sold Hengyuan someone TA chart tell him 44 floor is the bottom so trapped himself at 44 floor.

When I sold jaks at 22 sen for my free beer and lobster someone TA chart tell him 19 floor is the bottom so trapped himself at 19 floor for past 8 months day and night 24/7/365 promoting jaks to no avail.

Free tips Q4 end 31/12/23 jaks financial result will be very bad with multimillion of impairment losses.

Pity, Zelenskiy never heard of the term:
Menang jadi arang, kalah jadi abu

My posts were never crookedly, I only post the truth, the whole truth ,and nothing but the truth.

I3lurker,
I already come to acceptant that there are people no matter how much you try to explain to them or help them to be a better man they will still remain as what they are: totally consumed by sheer utter destructive paralysing jealousy so much so that above 90% and sometimes even 99% of their posts are fraud rigged to pull people down instead of building people up.

I am just implying a leisure tour is not only about cheap flight ticket but more on accomodation, transportation, food, beverage, enter ticket shopping, sovenir and etc. Thus most likely than not you are going to run up a huge bill in your credit card that you might take many months to clear.

Posted by StartOfTheBull > Feb 19, 2024 10:04 PM | Report Abuse
Implying that he can afford an expensive tour to UK while other people can't afford to go for a tour by boarding a low cost flight?

Figures don't lie.
If with net current liabilities of RM 12.527 billion and shareholder' equity of negative RM 8.427 billion is not considered as distressed company then what is a distressed company?

Note: USD to MYR is now 4.79. What will be the addition foreign currency losses in capA book?

As at 30/9/2023 Capital A
Current assets: RM 2,072,007,000
Current liabilities: RM 14,599,870,000
Net current liabilities: RM (12,527,863,000)
Shareholders’ equity RM (8,427,155,000)
Non-controlling interest: RM (2,101,925,000)
Total equity: RM (10,529,080,000)