This would sound ridiculous and disillusionary but why do I see a super large pennant starting from mid-Apr till now 😂😂😂

To quote Mr Koon Yew Yin: I am obliged to inform you that I am heavily invested in Yinson which is a multi-B company and do not need you to buy to support the price 🤣🤣🤣

If Yinson tumbled because of endless rate hike fears, this is it

Increasing volume and BQ becoming fatter

I don't usually like breakout trades but chart wise, the stars are aligned. We just need a little nudge from anywhere and the tide could turn

Choivo

Correct, as you said, 6x gearing for 10% premium at today's price. I'll take it lol

Results due tomorrow, mother share movement indicates no surprises...warrants...low liquidity causes this volatility

Well, for other counters, news like this is big news. For Yinson apparently not much of an event. I think it's a meaningful plus - vouch of confidence by the banks and cashflow wise. Yinson's business is much bigger than its market cap. Reminds me of MMC...

https://theedgemalaysia.com/node/693546

Daulat Tuanku.

Yeah you're right jackson, forget what I said about small market cap, it's always misleading to amateurs like myself 😂

HSR will benefit Iskandar landowner more than the contractor who will build HSR. Having that said HSR revived, landowner contractors developers heck even retail sector will rise

I don't know about you but looking at the facts, this counter can allocate some funds and see how it goes. Never blame the sharks...thank them for giving us the opportunity to buy more at or below recent placement price

Don't forget how Ekovest shares collapsed when HSR was terminated. Therefore with Johor Sultan's blessings, the reverse could be true

That's incorrect RR...HSR is definitely a big+ to Ekovest

HSR does more good to land value, or sentiment and perception thereof, of Iskandar landbank

With the impending corporate exercise, other than UEMS who is the largest purest landowner in Iskandar region?

Good counter, but these days trading range so narrow nothing to trade.

Market often reacts before announcement. Recent clear examples, YTL, even UEMS, even Ekovest. AQRS however, really shows no insider movements i.e. it shows no indication AQRS will be getting anything soon at all.

However, market cap is so small, small volume can spike the share price. Really hard to tell, and really a small cap counter. Who was buying it so heavily from 37-40? I was able to constantly sell at 38-39 for days at that time. Later on I would easily buy back at 36 and resell at 38. What's the operator doing? No idea. After the crash, there was a day they keep taking up everything at 35, before pushing it down to 32.5. Becauuse it's small cap the margin is there, what's their game plan?

Another is Temasek station reinstatement. This was AQRS's job which was slashed. It's odd not to give it back to AQRS. But if AQRS doesn't get it, it really shows that AQRS is quite weak already

https://www.astroawani.com/berita-malaysia/kerajaan-pandang-serius-kelewatan-pelaksanaan-projek-pan-borneo-di-sabah-449203

Anwar is shouting at Sabah to expedite Pan Borneo works. To what extent they can implement remains to be seen. This is one of the most visible catalyst to rerate. AQRS-Suria Cap JV still on? Unknown. JV better, Suria is local, Sabah is very protective of locals. Anwar wants transparent tender - this is definitely good for AQRS. There are not that many contractors who has the big infra track record. AQRS's chances ok. AQRS's pre-cast fab plant JV w Sabah Econ Board. IF these 2 parts don't give AQRS...well it remains a fair chance they don't get it - last round they got nothing. Hopefully Anwar effect means Sabah can prioritise transparency and fair tender over cronyism

Permutation

If Yinson is going to be flat in 2024 as well then the mother share would be a better choice?

44 minutes ago



1) I look at it this way...below 0.500 I will exercise it for around 2.80. I am ok with 2.80 for Yinson. Just have to make sure got enough money to exercise since as it goes down I may buy up millions and then the exercise cost will run into tens of millions lol

2) Yinson is low dividend yield this is good for warrants

3) Yinson warrants is fairly liquid

4) A counter like Yinson should not ordinarily have warrants. Blue chip counter with this type of warrants is rare.

So I think, warrants > mother share, especially now

We must remember warrants premium increase as mother share falls, and usually narrows as mother share rises. So we can't value warrants based on a fixed premium

Quote !!
Our KLSE has not performed well over the last 30 years.
I still remember FBMKLCI was at a record high at 1,332 in January 1994, the FBMKLCI increased only 100 points until 2023.

JSX or Jakarta stock market (Indonesia) has increased 650% in the last 30 years.
Really very disappointed with KLSE, the worst stock market in the world.
Unquote !!




This thing has been bugging me too. Why KLSE performs so poorly. The weak ringgit makes it the more appealing to USD investors at this stage. For a moment, we saw some light. There was a property and construction run, there were privatisations, BPlant, UMW. Market was moving in the right direction for a while. Meanwhile Anwar is shouting sky high figures he secured going on world tour. So, where are the foreign investors. How does Anwar intend to implement execute the local projects?

If Anwar disappoints, sigh. There'll come a time even the last of us stop hoping and move everything to overseas investments, it's just a click away barring capital outflows rules...but if the last of us do leave, that will be the time the market comes roaring back lol

I can't remember the last time we can play breakout on KLSE...trends dont last. Maybe UEMS YTL, but that's about it. Sad.

This is getting quite exciting. In trading you want counters like that, counters that move. Now the big 200MA 0.435 which coincides with last placement price, will it hold?

Definitely clearly absolutely good for MYEG. Doing the right things. Just that too small to move the needle. TS Wong didn't even bother appearing

MYEG has become an old man stock...so steady, so slow 😅

Kudos Uncle Koon new article. I've already been out tho, value trap share price action doesn't feel right as it tumbles post results. If it runs, chase then

Can't say good timing 😂 we all know that catching the falling knife is for suckers, chasing it up always give much more satisfaction. Well...I have some proceeds from BPlant, just reallocating capital. Yinson such a gooooodddddddddddddd counter, testing everyone's patience

AQRS is a bumi contractor, their game is really not in private development projects - it's not a bad move, they get good deals and they treat it like a turnkey project with higher margin. This is for them to tide over the difficult times only. Their key rerating catalyst must come from big infra

eddy you're too optimistic, even though I am AQRS supporter 😂 I dont believe they intentionally delay to collect shares...the reason they delay work is only cashflow. For the Peak they have decided that it's cheaper to pay LAD than to complete it. For E Puchong they have EOT and they are prioritising Govt jobs before going back to complete E Puchong

Realrich you're funny. Even if we go by your logic which I don't know where to begin with anyway mathematically it should be 0.45+0.60 / 2 = 0.525 🤣

I have started to nibble on Yinson warrants again after holding back for so long. Yinson has been underperforming for the whole year really. Warrants appear to me a better bet for small frys like me than the mother share 😆

Results out. 無事😅

This counter I find it harder to understand. Given the steep rise I think mostttt retailers can't hold and would have sold. It was trading for an extended period at the higher range. When it falls, I also think mostttt retailers won't dare to hold. And without foreign funds it doesnt go up like that. So what's the game here

That's the right move 😂😂😂 it's always right to fear the market



theyoungman

Now become Q to buy 😂😂😂
When down, people scare to buy, sapu seller.
When up, become Q to buy.

0 seconds ago

Agreeeeeeeeeee. Both UEMs and Ekovest moving in tandem



RISK8888

aiyo why so fast rebound, i belum beli cukup lagi ler

47 seconds ago

LKH tried and failed many times to monetise his IWH etc over the years. I think he has finally come to terms with it and now he is choosing to do it via Ekovest. Old man already can't wait too long. For him to be willing he will want absolute control over Ekovest before more, which is the 51% he is targeting. Then he will do what's needed, not before

Must say well played Dr Norraesah. Guess it will now take a month or two for MYEG to break above Dr's last sell price 😆

For LKH to have a successful consolidation of his shareholdings in Ekovest, there's no incentive for it to move to 60c now. As I've said it looks better when LKH is selling his other assets into Ekovest and paying w Ekovest shares at 60c when Ekovest is below 60c. After that however Ekovest is worth punting on, it is a liquid counter and will react to any news of Duke 1&2 monetisation

The moment it broke below 72 cents there's not much down there. It was scary yesterday. Today it is ongoing. It will be surprising if they don't short it down to 61 cents

So lucky we lost less in AQRS, or it's only a matter of time AQRS falls like the rest 😶

Market leaders being bombed, sector showing deep red. On a 2 months basis AQRS is outperforming the likes of UEMS Ekovest WCT by about 7-8%...KSL is making good money and down 6%

It is nonetheless progressing beautifully, even if it only holds here for the next 2 months. Then the trading range would have firmly changed and this 32-33c range is the new bottom w strong support. I think it takes bad news - counter specific or sector wise to bring it down to sub-30 again. And I think the downside risk is low very low. Numerous catalyst for AQRS, if we hit just half of those objectives 40c should be the new range.

In this particular case, it probably means...nothing. It shows a lack in trading interest, sellers not willing to sell buyers not willing to buy (got scared after being flushed so many times). It looks like we have a smallish operator here. Squeezing every penny before they goreng

Thank you Uncle Koon for allowing us to sell at 1.20 and more? Or Uncle Koon long gone 😅

Hibiscus is actually more fun pre consolidation. I still do a reverse conversion mentally as I watch this counter, perhaps I should stop doing this

UEMS TP 0.42? Not real. That brushes off the latest Johor developments entirely.

Ekovest better value than UEMS? Possibly, because there’s visibility in monetisation with the impending corporate exercise + highways spin-off.

LKH taking shareholders for a ride? Half true. True now as press is suppressed. Not true after LKH satisfies himself with the huge block at 60c, then you’ll see the real push 😉

Added back to 125% exposure

Below 30c going for 200% exposure 😆

From what the directors have been doing, why privatise? Just pay themselves fat salaries.

If they want to privatise it could have been done at $1 back then. Now 52W High >1.2 can't be done at 1.20

Actually it seems premature to sell now. MYEG's results give us the confidence to hold, that's just one part of it.

The other part has to be the broader market. A liquid counter like MYEG will not lag the market much if market is good. If you believe market is good towards XMas and Fed will stop raising rates, risk reward is pretty good to hold MYEG la, no rush to sell, maybe even average up cos why not?

Our friend James Bond will be having a field day here again tmr 🤣🤣🤣

There is such a thing as win-win too you know 😂

I have said before that Yinson actually has a negative correlation with oil prices, within a certain range, for whatever reasons.

It can be counterintuitive but true.

Oil’s steep drop tonight is a good indicator. Let’s see if Yinson actually moves up tomorrow, it’s a weird world my friends

Indeed, with much of the uncertainties removed and Zetrix already launched, MYEG is not moving as expected. My take, when times were so bad MYEG didn't go much lower, showing strong support despite everything. Risk reward is attrattive even tho it's generally no good when stock price does not move on confirmation of bullish events

PB is rarely right. Yet to be fair one cannot give a high TP, yet, given the meagre earnings. UEMS is about the huge landbank that now more than ever is looking at monetisation

Strategically everything appears in order. First push is for the circa 43 cents placement. Next push should only come after LKH's shareholding consolidated. It does not look good for him to be paid shares @ 60c when it's trading at 75c. The idea that LKH is the "final winner" after having control and share goes down to 25c is dumb. LKH needs to eat too bro. Ultimately it's the sector wide run in line with New Agong+PMX's objectives and the time is ripe