Aiseh...just realised I had a GTD sell order at 0.375 all matched accidentally. Laugh or cry

Malaysia PM says signing of Johor SEZ deal with Singapore likely postponed to January
04 Dec 2024 12:56
A PLANNED signing between Malaysia and Singapore of a deal to create a special economic zone (SEZ) in the southern Malaysian state of Johor will likely be postponed to January, Malaysia Prime Minister Anwar Ibrahim said on Wednesday (Dec 4).

The signing, originally planned for Dec 9 during the two countries' annual leaders' retreat, had to be called off after Singapore Prime Minister Lawrence Wong contracted Covid-19 this week, Anwar told the senate.

On Tuesday, Wong said on Facebook he was self-isolating at home after testing positive for Covid-19 for the first time.

The South-east Asian neighbours in January agreed to develop the SEZ in Johor, just north of Singapore, aiming to attract investment and free up the movement of goods and people.

Proposals for the project include a passport-free immigration clearance system, as well as cooperation on renewable energy and simplifying business approvals.

Malaysia PM says signing of Johor SEZ deal with Singapore likely postponed to January
04 Dec 2024 12:56
A PLANNED signing between Malaysia and Singapore of a deal to create a special economic zone (SEZ) in the southern Malaysian state of Johor will likely be postponed to January, Malaysia Prime Minister Anwar Ibrahim said on Wednesday (Dec 4).

The signing, originally planned for Dec 9 during the two countries' annual leaders' retreat, had to be called off after Singapore Prime Minister Lawrence Wong contracted Covid-19 this week, Anwar told the senate.

On Tuesday, Wong said on Facebook he was self-isolating at home after testing positive for Covid-19 for the first time.

The South-east Asian neighbours in January agreed to develop the SEZ in Johor, just north of Singapore, aiming to attract investment and free up the movement of goods and people.

Proposals for the project include a passport-free immigration clearance system, as well as cooperation on renewable energy and simplifying business approvals.

Results actually look ok. I think the toll collections beat expectations. Finance interest cost drag have to be settled by selling toll asap. SPE is doing well. Sell Duke 1 & 2 wil turn this whole thing around. Even we know u think LKH doesnt know. We shall see what comes next

@Johnchew million not bil lol

But very often, it works out well in the long term. The big guys are either tolerating the steep fall or benefitting from it. When the time comes it just goes up more easily than a counter w loosely controlled shareholdings.

Counting shareholding spread almost NEVER works in the short term. So often we will be holding on to a downtrending stock which is tightly held by controlling + instituitional shareholders, and then wonder how come it is falling like a rock? Who is selling?

We need sentiment to turn again for property and construction counters. On the ground, it's already turning. Msia property is now better than before. For shares to turn we need both PMX's Johor plans + President Trump shouting low rates even tho he's already shouting low rates.

@dragon more like 2.15 don't forget 5c dividend 😃

And you can gear up your position 1:1 at this level. Margin call is extremely unlikely, 1:1 we will have about 30% buffer

Their land cost was $1379psf ppr. Marina Bay Residences is selling between 2-3k psf, and Marina One 2-4kpsf currently depending on view. Poreans pay A LOT for the view. IOIPG intends to price it at around 100% premium over the closest projects 😅

IOIPG style - Marina View is guaranteed to look good and will be a trophy asset even for individual owners and an addition to the Marina skyline, but consistent with IOIPG style they will rather get stuck with it than price it to sell. How does that work towards share price - on balance likely negative than positive.

@dragon yes Marina View looks difficult. CDL almost sold out its Woodlands project while selling only 20% of its Havelock road project. SG prop market is now a tale of 2 cities. Suburbs do well, poreans buy. CBD challenging, 60% tax on foreigners, poreans don't buy because price will always be suppressed by low foreign demand.

IOIPG's style...they may be happy to keep inventory than sell cheap. Rich ppl thinking. Marina View could well be a drag whereas IOICB and W should be doing very well.

I would assume the worst for the residential project in Marina, while being optimistic on REITing IOICB and the Msia properties

IOIPG has signed letters of intent with data centre players for the potential sale of two land parcels in Banting
and Kulai, each about 80 acres. We estimate these sales could generate proceeds of RM700m, likely can be recognised during FY26.

Property investment (PI): IOICB’s occupancy improved to 68% and is expected to reach 70% by end-FY25. We understand IOICB only contributed revenue of RM55m for 1QFY25, which we estimate only reflected an about 35% effective occupancy due to rent-free periods, despite actual occupancy being 50% during that period, while full interest costs of RM109m were expensed. With higher occupancy now, the contribution from IOICB should improve. Management estimates breakeven of IOICB at 85% occupancy (we estimate management using assumption of 4.5-5% interest cost), but we believe 70-75% could suffice if rates fall to 3.5% (currently about 4%) in view of the interest rate cut theme in Singapore.

Back to being a boring counter. There'll be trading opportuities heading towards the festive seasons la

No TP because the situation is so fluid - it all depends on LKH's next move

Guys don't forget, this kinda of result surely knee jerk sell-off. And when they annoounce DC land sale, also knee jerk buy-up. While waiting, we can trade around our position for dividends. Just becareful on the upside for a good counter - kena too many times - keep selling then no more shares to sell and either watch it fly or forced to buy back higher 😅

Don't mind being don't mind, it's still disappointing view against missed opportunities. Like SUNWAY. Lesson: the high always goes higher

This kind of move...I don't really mind 😂 It's a trade. I have pocketed 6 cents ex-trading commission and restored to my original position while waiting. Agree absolutely with dragon's analysis, also grateful to the useful comments here like Kikilala letting us know the EGM vibes 👍👍👍

Only RM0.29 now

Dyson news has no bearing whatsoever on SKP?

The one time this forum actually help me profit. Thanks to the Contrarian I have decisively sold all warrants around 40c. I had a LOT. Omg think back also scared

@OTB how much do you have in this counter, 50, 100 millions? Goodluck, good value

I'm with ken now...every bounce is an opportunity to run 😂

Actually this one is very low historically...if you had the vision to chase Gamuda up, I think there's no harm rotating some profits into this one, lock it up and go for christmas holiday hehe

This one...after so many rounds, I think can buy on the way down. Catch the falling knife ouch. Just buy because there'll be a goreng, then don't be greedy remember to sell

Matched more at 1.09 very close to closing. Not sure can laugh or not yet. Day 1 drop 10%. If Day 2 drop another 10% we looking at 70-80c then really can't laugh liao 🤣

Bought back at 1.09. Buying at 1.09 is scarier than buying at 1.22. Different times

Well played fruitcake, have to play this counter this way 🤣

Erm I am actually still pretty happy w MSM. The last round the rapid crash heading towards 1.00 with no support was scary. Then bottom apparently found. Now hit together with everything else is normal. Ringgit hit so badly. There's no where to hide, other than cash and large caps. I would take this opportunity to buy those being hit and when I run out of bullets, holiday. Merry Xmas gais

Tis the time to buy, or add to your position if you already have it. A catalyst and a giant in the making. Good odds here

You're right, another round coming

Going to be a long wait. Short-term catalyst, a bit far-fetched but possible...is a surprise hefty dividend since the Lees hold so much they may want to bring forward a dividend payout...

If the management is really bad...then we can speculate that Tropicana old fox coerced IOIPG to takeover the less desirable assets hehe. That's not my view. W KL is ok. TGM is not ok, but good value, sort of. Langkawi is land, it's ok. One cannot deny there's an element of coersion and convenience here la.

Debt will be carried for Duke 3 which really is a pretty good highway...If they can do 5B for this, Duke 3 100% owned min. valuation 3.5B, probably 7B if they hold till listing

If 5B sale materialises, that's one key hurdle removed for Ekovest to move forward. I would also buy big on Knusford becauuse upside is huge once LKH has the funds to complete the exercise. 5G also give to UMobile not Maxis. U think TMJ in Knusford it can go bad? Dont play play

Refresher
Duke 1 & 2 - 60% owned, new fake news report selling for 5B
Duke 3 - 100% owned and in operation
Duke 2A (Istana Link) - Govt hasnt awarded this ~3.8B contract

dont like that...people who stuck at 50-60 or even higher than 60 howwww?



theyoungman

0.405 woww

2 minutes ago

HOWEVER, this one is quite real in that Feb'26 is an extended deadline already...and they DO have the highway ripe for sale or listing. Bloomberg is shark pushed news, but it's also a reminder they do have a prized asset to sell ya

btw when the source is bloomberg, i kena many many times already...fresh after MMC privatisation, bloomberg reported KPJ privatisation. Totally fake news. Hentam saja and died. Of coz later on recovered by itself la

You guys are amazing. So quiet at 34.5. Now only I know Ekovest got so many bilis like us 🤣🤣🤣

Pre-goreng flush down - tick
Chart leng leng - tick
Volume ada - tick
News ada - tick
High NTA - tick

Shark start goreng. Bilis will die if we don't jump. Bilis will miss out if we don't buy. How?

This is funnnnnnnnnn

The risk is Lim KH is prone to cancel and source is unverified

If you think there's no money to be made should the 5B sale materialise when it's trading below 40c...u really dont know how to play share lol

Can I claim some credit for perfect timing guys? 😆😆😆

Ekovest’s Lim weighing sale of toll-road assets for RM5b — Bloomberg
https://theedgemalaysia.com/node/733071

Intraday turnaround especially at this stage in the charts and relative to peers, baby bull forming. Punters can try

If I read it correct, the Lee's have a different shareholding structure. Genting and YTL use their holding co to hold the subsidiaries. IOI Corp doesnt own IOIPG, the Lees hold them separately.

So actually, if LYS bengang, please go ahead privatise it at RM5

Perhaps this explains LYS's attitude - forced to withdraw proposal due to EPF's objection even before meeting convened

Hahahaha. LYF's face hard to tell. Is he very calm or uninterested, is he slow thinking and not smart, or very smart and thoughtful. Do he feel some questions are beneath him or is he thinking deeply about it before he answers. I never know 🤣