Buy the Warrant. Trading at 6 sen discount to mother share? Correct me if im wrong

new TP in market is RM4. no more RM2

KSL NTA is RM3.00. Privatisation rumours on

Apparently hydro dam is fixed operating costs, so extra revenue is pure profit. @pjseow i think profit will be higher at RM100mn hehehe

The real value of the Profit Guarantee is NOT in the earnings!

The profit guarantee of RM200mn is just kacang puteh, as it only translates to about 5 sen EPS guarantee. If execution of glove rollout is as planned, can forget about the RM200mn as the earnings will be much much higher!

What is the biggest risk with all these new entrants to gloves? It is failure to execute and rollout.

The real value of the Profit Guarantee is that now the JV partner of Luster cannot afford to fail! Otherwise the profit guarantee kicks in and they have to pay. Building in the profit guarantee into the contract shows high confidence in executing the gloves rollout.

I lust for luster babehh

Last chance to pick up under RM4

Careplus proxies, Adventa and Comfort already up more than 10% today. Normally all 3 move together, today this careplus lagging cos got big group selling at RM4 dunno for what LOL

QR out next week based on last quarters trend, all should be reporting earlier!

The best thing about this is that the Food Processing unit now will be fully utilised.
The existing Mynews business can then be revalued at RM1.20, plus new CU business up to you to assign own value lor

All better pick up before tomorrow

great share ageet! their auditors pwc i think got standard la. wont have gimmick

@MM78 If an asset is not impaired, it will also be depreciated anyway. Either take impairment up front, or depreciation over time. Either way still charged out.

So taking impairment now actually means in future lower depreciation, and higher profits

Basically, all the analysts with targets of 30sen are assuming more impairment losses this year.

Those analyst with target of 60 sen and above assuming no more impairment.

I am of the view that whatever asset needs to be impaired has already been impaired. In any case, impairment is non cash and does not affect company's cash flows

What you guys think about the Armada C-54 warrant?

Relatively short expiry - still got 2 months to go but quite value, since the momentum so good, should be able to pass Strike of 32 sen soon

Not sure what is market waiting for. This is a simple business renting out 7 boats, and got locked in contracts amounting to RM18bn, which equates to next 9 years revenue locked in constant.

EPS FY20 at 6 sen, if just maintain for next 9 years thats already 54sen

Great Quarter 2. Company is back on track without anymore hindrances from impairment losses as all already booked in prior quarters, which are non-cash losses anyway.

Forward PE now at 4X only based on latest Q2 extrapolation.

Announcement coming soon. DMIA already awarded Ho Hup the RM137mn contract yesterday. Next up should be Comcorp