The huge fees is really odd la. It's not tax efficient given that they own so much.

My concern is owners dont want to goreng this stock. They rather keep it low and privatise it.



speakup

owners taking opportunity of johor theme to goreng mah
cannot meh?
better than KSeng got landbank in Johor also cannot up. or Mphbcap got landbank in Johor also cannot up

5 hours ago

FY23 say 400M. Let's see what they do. I realised they can actually pay themselves 80-100M in fees, and we can't do anything about it.

I am heavily long this stock too. But the more I think about it the way they do things is a concern

FY22 profit before tax 217M. Ballpark figure they took 50M in fees, so you add it back pbt was around 267M, of which they took 50M. That's close to 19% of pbt, for a circa 75% controlling stake

The risk of so doing is a trend like UEMS, only go up won't come down enough, then will end up missing out

Probably just like what I do lol, I have been selling/ buying a part of it too, yet I remain very bullish on this counter. Make some extra as it consolidates, while addressing itchy finger syndrome

Bro this piece really no heart and low quality, especially the concluding statement. Try harder



Effulgence

https://klse.i3investor.com/web/blog/detail/extraordinaryyou/2023-08-05-story-h-243923557-HIBISCS_5199_High_Oil_Price_Pitiful_Share_Price

1 day ago

Of course it does...simple math u go compute urself



GrowthCapitalist


Does it mentioned, how much is the average price Dr.Ken purchased his stocks on 21st and 22nd September?

1 day ago

U sold yet Jessica?

Itchy finger



jessica8026

why EPF... sell ya?..

20 minutes ago

Still, the no dividend policy and 50M director fees will remain problems. Also the management's reluctance to deal with analysts. In short, they don't care and there's nothing minority shareholders can do

That 236 acres refer to that in Pulai only. This grossly understates KSL's johor exposure. KSL is through and through a Johor developer, then Klang. Improved connectivity to SG itself means a lot more to KSL Mall. Ordinarily it wouldn't mean much, for larger corps like SP Setia, Sunway, for instance. It's meaningful for KSL becasue it's market cap is still smallish, and the concentration in Johor exposure means the circa $100M quarterly profit could go further up. Further there's easy realisation value if they inject rental assets into a KSL REIT

Bro why you delete the post on useful information on the Peak revivial now known as Puncak Tebrau as you said, worried that too many people know and buy too much before you buy more? 🤣

Not defending KSL, but if you take 5YR avg for a Msia property counter, you will likely be misguided. That would have been among the worst 5 years in the last 2 decades. Stocks are valued on future earnings, not the past.



Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

Gruesome company.

Performance Info
ROE - 5 Yr Avg
4.62
ROE - Latest FY
5.45
PX Growth Rate - 5 Yr Avg (%)
9.93
DPS Growth Rate - 5 Yr Avg (%)
NM
EPS Growth Rate - 5 Yr Avg (%)
-7.74
Latest YR D/E
0.02
NAB/Share (RM)
3.24
Latest PX / NAB
0.35

1 day ago

Too obvious isn't it, doesnt feel right lol

There'll hardly be any surprises - 29th Sep Yinson will announce another quarter of explosive earnings (yoy) because of Agogo and full recognition of Anna Nery. What'll happen to share price then?

You know with his $ and the strong fundamentals, if he wants he can actually push it to $2, or dump it to 80 cents

Very curious this price action Uncle KYY is the buyer or seller

This time Uncle Koon's comments is actually quite fair. Value here is unmatched across all reasonably sized property counters. But there remains a problem that the shareholders are holding 75% and paying themselves 50M a year, and apparently dont care much about share price

UEMS...lol I shouldn't have chickened out on that one, should have stayed on both. Played it wrong again. A lesson to remember, again. Anyway all is good with AQRS, nice momentum beautiful chart

It's noted if that someone isn't an insider, he doesnt need to declare interest even when it exceeds 5% because it's on the warrants not mother share. One can only see shareholders list when annual report is out

Who is that someone buying Yinson WA? This WA is moving in a mysterious way. There's a reasonable healthy volume, and an almost flat price regardless of macro events, regardless of mother share movement

@Permutation yes I think BursaVulture said it very well. Yinson isn't cheap now, it's cheap if they deliver on everything. Given current valuation is already due to a fantastic track record, unlike Armada

Also this low volume counter, uncle's larger block average is not that far from current price, so i suspect he is still holding

This round I don't feel his massive sellling yet unless he doesnt have much

Usually uncle write articles to unload

Within little small cap construction counters, this one now has reasonable volume, lots of potential, bear with the fluctuations

Despite lower close, uptrend still intact chart still beautifullll

When Dayang's market cap > Hibiscus

In AQRS the 5% EPF has is from 3 external managers of which PHEIM holds the most. PHEIM is Tan Chong Koay's, our own Buffett Styled investor...

@jackson looks like EPF doesnt have a big hand in this. From the volume so far, it also appears that the player in this counter is a smallish one, or that it has not attracted enough players. Testing patience when we see peers running. Even Econpile...HSSEB...Or the giants running like UEMS lol. I am out of UEMS to sell as of today, now if I see it go to $1.2 also can't say anything lol

Making $$$ already Jessica, let the profits run 🤑

Steady as it goes at 0.390. Traded some excess portion at 39.5 - meaning I have more funds to support should it retrace lol. Still holding >100% original position

Gooooooooooooooooooooooooo UEM

Because Forest City is too big to fail. It's gonna be a drag on Johor and to an extent our National property market for decades if you let it fail. I say PMX is trying, may or may not work, but the intention is definitely right. It's probably too late to do much effectively, could have been much better, but better late than sorry eh



speakup

https://focusmalaysia.my/forest-city-of-cleaners-outnumbering-shoppers-in-four-storey-mall-hotels-largely-unoccupied/
why is PMX bailing out Country Garden? Why???? Sapnrg tak rescue, tapi Country Garden dia nak rescue

20 hours ago

Probably because of the 4c dividend la



nightfly

Last month quarterly result out profit down, and suddenly share up. I think got good news going announce soon.

1 week ago

I have absolutely missed profiting from this counter. In hindsight it's such an obvious choice. Well done guys

Years back killed by this counter. Bit the bullet cut all at 1.40+ range. Time to re-enter?

If you're in Yinson, you're probably in Armada Hibiscus and maybe even Dayang Uzma. Profits from there can pay for holding Yinson already

Sold a bit more warrants but still holding a substantial portion. Mother share is tempting too - but doesnt make sense to go for mother when son is still low premium w reasonable expiry date...what say u

2 days ago added similar amount to both KSL and UEMS. Look where they are now. I am doubting my choice of holding more KSL, even tho KSL is so fundamentally beautiful. But this now is a momentum driven market, where's your momentum KSL

Sold 1/3 of holdings, buying back if it falls, holding for more

When it's too easy to sell, it's usually not a good idea to sell too happily

hng33

sold armanda at 55-55.5sen

If you just look back at recent days how Hibiscus moved, it's often suppressed at a range, then once it is released it breaks out to another range and hold, and repeat. So long as oil is holding at this level we should be fairly comfortable holding this for further gains. Of course if scared like JamesBond it's not wrong to take profits already, but one can always be less smart and not make an all-or-nothing choice

The movement is quite healthy. Why rubbish counter. Much prefer the progressive build-up in momentum for sustainable gains than an abrupt +8% +10% few days show

The movement today appears to have the intention to exhaust sellers at this range before a push higher. Yesterday the buyers were adamant to keep it at 37.0. Today 38.5. As this drags on, I believe few can hold all the way - so hopefully once sellers are exhausted and new buyers are built on this higher range, we will no longer revisit the days of below 30c

Yes and EPF lends credibility to this stock. They were holding much more back then, and pared down to below 5%. Actually EPF isn't a good gauge of price direction. Very often, once they are done selling the price rebounds e.g. MyNews. But in this instance, it's good because we need that credibility - this being so small-cap in a big boys business, yet attracting EPF managers attention

You are mistaken...this is KSL, that which you mentioned is KSK. Of the 2, KSL is very much larger, and much more established if we are only talking about property

EPF re-emerges as substantial shareholder 👍

Continue buying, excess bought cut loss at $1.00 and continue carrying original position to the sky

Not bad at all, a nice intra day rebound. Sit tight, bullions!