Stop selling ppl, let it rise! XD

Rapidbeginner, dont worry, sure the stocks will dip again. Just buy back later

Looks interesting. P/E multiple just way too low

No rush, good thing about this stock is that it always crashes. buy on the dips

Still more sellers than buyers. Has always been.

Gorengg time

hahahahaha

Alpha, given current price of MEGB, would you consider entering?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1795993

They just bought more shares

same same :'(

If enough people sell, you have no choice but to accept.

think all the punters/operators have exited

translation plz

Thanks Joel haha

http://www.systech.asia/investor_relations.jsp

xdar, actually, if you look the earnings profile for IFCA, their gst contribution is small portion only. So its their normal bread and butter software business and international growth that is impressive. I would know since I also invest in IFCA

Any idea why the selling volume is ALWAYS greater than the buying volume? This is not apparent for the other counters I'm trading in.

Damn annoying. Kena tunggu quarterly first and then decide, my paper loss now 20%...

:(

Translate plz

Can you imagine if pull back GST. Confirm rating agencies will downgrade

lol. plz la, govt will be fried by the markets if they postpone GST.

There is NO WAY GST will be postponed.

Wats your avg cost Joel.

Watch how it will climb back!

Ppl sell before results are released. Epic man. Thot ppl sell on news wan

I'm not really sure how force selling works. Banks just sell your shares on your behalf? What about the shortfall?

wat about jho low??

mine even higher man :(

They trying to shake shake everyone off

Damn annoying stock man. If it stays on like this, i will never return

Market close today. Should be

wats 555

Lol Alpha, should have changed your report title lah haha

Siva is the one laughing all the way to the bank taking the properties at about 1x book value. We don't know who will buy the remainder properties. If it is also sold at 1x book value, it would have already been reflect in the current nta of the company. Unless the properties are sold above book value, then yes, we might see additional value accrue to MEGB and ultimately SMRT

rohank, the balance 10% of Siva's stake should be taken up by Creador as it is part of the Joint Offerors.

Please take note that Siva is not buying ALL of the properties. He is only buying FOUR PROPERTIES, Cheras Campus,Kota Kinabalu Campus, Kuching Campus and and Pasir Gudang Campus. The remainder properties will be put up for sale and i believe no buyers have been mentioned at the moment.

I suspect Siva sold it to Brahmal at a cheap price because he gets the properties at cheap price (i.e. 1x book value) and he gets to lease it back to Masterskill. For all we know, he is probably getting funding from Brahmal or Creador for the purchase of the property!

Highly doubt it will touch 0.7. In any case, 70 sen is a steal!

Lol looks like im not the only one!

European markets closing strong. US futures looking good. Expect KLCI to rebound!

Hey Alpha Trader, I re-read your analysis. I understand where you are coming from, but the key factor here is the speed of the earnings turnaround. If it does achieve the earnings level which you have stated, and assuming sector multiples remain steady (do note that the earnings multiples for Prestariang has been declining lately) I suppose your TP could be achieved. In long run, this is definitely possible. Perhaps the investors currently have no assigned any value to the future earnings. We shall wait for further clarity/information from the parties acting in concert (SMRT and Creador)

why is the timing always around 3.30-4pm?

IFCA went up almost 800% with its current earnings growth profile, systech's expected growth prospect may not be as great but its still expected to be high @ double digit over the next few years. Therefore, whatever returns you've seen in the past is only a small portion of the possible gains. They are both IT related anyways...Dont need to panic la

Why aren't these people caught man

they will try to shake you off!

tell that to ifca. it shot alot more post results

Guess we'll have to wait n c

should be after market close tomorrow.

Nevertheless, I still think there is upside to MEGB's current price, premised on the fact SMRT and Creador's entry px into the entity is @ 60 sen. They would probably look to optimize their returns either via earlier distribution of MEGB's dividends to shareholders (including to themselves) or they may finance Siva's acquisition of the properties (which some argue are at a bargain!) as a way to entice Siva to sell his stake @ 60 sen.

Alpha Trader: I think you forgot to account for one thing, the current 60 sen valuation actually is INCLUSIVE of the properties they currently own. When the sell it to Siva @ book value or close to book value...you essentially sell hard asset in exchange for another asset (albeit a liquid one), which doesn't change anything. So it shouldn't actually be 60 sen + 42 sen = RM1.02 valuation. Have to point this out so everyone is not mislead. The only way for the valuation for the company to change via the disposals is IF SIVA PAYS BEYOND BOOK VALUE, which means the gains can be accrued to us, the shareholders.

What can happen though is that the proceeds from the disposal can be used to pair down borrowings, which effectively generates interest payments savings and possibly earlier distribution of cash via special dividends etc.

According to Bloomberg the results is out tomorrow

Its coming guys...results should be out tomorrow after market close