billionaire88

billionaire88 | Joined since 2015-03-18

Investing Experience Beginner
Risk Profile Low

Followers

0

Following

10

Blog Posts

18

Threads

265

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
265
Past 30 days
2
Past 7 days
0
Today
0

User Comments
Stock

2016-06-19 22:09 | Report Abuse

Not to worry, despite all these hoo hah on the internet, BN will rule for another 50 years. Trust me.

Stock

2016-06-18 22:10 | Report Abuse

What are the equivalent business of BJToto in developed countries, e.g. Singapore,Hong Kong, Taiwan, Korea, US etc? How are these business doing? That would probably give you an indication of the future of BJToto.

Stock

2016-06-10 23:24 | Report Abuse

BJToto has also been dead quiet for a long time. No announcement of their corporate plan, review of prospects etc. With its share price falling and on down trend for so long, it is really a turn off to retail investors.

Stock

2016-06-07 08:14 | Report Abuse

VT sold another 8m shares through his holdings at 2.85! More to drop.

Stock

2016-05-24 00:02 | Report Abuse

Yes, it is in a way expected with the depreciation of the RM. It is still proposing a tax exempt dividend of 3%. Not too bad.

Stock

2016-05-22 18:17 | Report Abuse

Bizural Bijak and Berjaya land disposed 11.5 million shares at RM2.95 on 11 and 13 May... What does this mean?

Stock

2016-05-22 18:14 | Report Abuse

Vincent Tan announced his intention to deal in BJToto shares last Friday 20 May.

Stock

2016-05-22 18:13 | Report Abuse

Bizurai Bijak disposed of 15,495,000 shares at RM3.20 on 8 Apr 2014 and have since ceased to be a substantial shareholder. This announcement was only released on 17 May...

Stock

2016-05-13 00:07 | Report Abuse

When will be the results announcement?

Stock

2016-05-13 00:01 | Report Abuse

At 3.04, the dividend yield is 6%. So it's still better to hold the shares at this price than putting it into an FD account. Looks like anything lower is worth accumulating.

Stock

2016-05-07 08:10 | Report Abuse

Malaysia's Genting wins bid for numbers forecast operator-paper
http://www.reuters.com/article/genting-panmalaysianpools-idUSL3E7DG09620110401

Stock

2016-05-07 08:09 | Report Abuse

Some report on NFO business published last August

Number Forecast Operators To Earn The Wrath of GST
http://www.bloombergtv.my/number-forecast-operators-earn-wrath-gst/

Stock

2016-04-27 00:28 | Report Abuse

TF and KM sold a lot of their holdings at 2.02 to 2.12. Be careful....

Stock

2016-04-26 00:13 | Report Abuse

This company is grossly undervalued:

1. This is a debt free company.
2. Cash per share is 8.5 sen per share (based on 31/12/2015 Quarterly Report) vs current share price of 14.5 sen (25/4/2016).
3. NTA is 21 sen. If you look at its investment property recorded at RM4.615m (as at 31/12/2015), it has a fair value of RM31.952m (refer to 2015 Annual Report). There is unrealized value of RM27.337m = another 6 sen not reflected in its share price
4. Share price should be worth at least 27 sen and this is without any premium to is revalued price.
5. It has a good product range, brands like Makita are household names in industrial tools for the construction/renovation industry.
6. The drawback is management of this company is too conservative. With the cash pile it is sitting on, it should diversify its business to spread its risk rather than earning a meagre 2 - 3% interest income from fixed deposit.

Still, the current share price doesn't do justice to the company.

Stock

2016-04-13 12:43 | Report Abuse

Wednesday, 13 April 2016 | MYT 10:15 AM
Ringgit continues advance against the dollar, now at RM3.85

http://www.thestar.com.my/business/business-news/2016/04/13/bernama-ringgit-opens-higher/

Stock

2016-04-12 21:45 | Report Abuse

High Speed Rail signing is bad news for Air Asia.

News & Blogs

2016-04-04 22:10 | Report Abuse

What is the trigger for MGO?

Stock

2016-03-31 22:07 | Report Abuse

1MBD CEO announced he is leaving the company because he has accomplished his mission to clean up the company from its debts. With 1MDB debts cleaned up, RM will regain its value.

Stock

2016-03-30 22:42 | Report Abuse

Damansara Perdana is a good place. Development projects there will get good response and command a premium. This developer is sitting on a 'gold mine' as far as property development is concerned. There is a glut in property now due to the down turn, but the boom cycle will come back.

Stock

2016-01-06 20:08 | Report Abuse

Aiyaa!!!! Missed this la. Can still buy or not? Gone up 10% already these 2 days!

Stock

2015-12-15 22:33 | Report Abuse

What kind of pattern is this? Note the trading price range for most of the day except for the opening and closing price.

Stock

2015-11-26 22:35 | Report Abuse

It is loss from previous year for IAA, required to be recognised by account practice as a result of subscription of perpetual bond to turn IAA equity into positive

Answer : So basically, this quarter major loss is due to accounting treatment!

Yes, this quarter's loss is mainly paper loss. Operationally, AAB performed better, all subsidiaries included.

Stock

2015-11-26 22:20 | Report Abuse

What would be the opening price tomorrow? RM1.30?

Stock

2015-11-26 22:04 | Report Abuse

I expect a serious knee jerk reaction tomorrow and a free fall cannot be discounted.

Stock

2015-11-26 22:02 | Report Abuse

Actually, IAA losses for current quarter is not so much. It's the prior year losses that was not accounted previously accounted in the current quarter that causes the losses to be so big. Comprehensive loss, including hedging loss is RM0.97b!!!! That's why NTA per share dropped by thirty over sen.

Stock

2015-11-26 20:34 | Report Abuse

Forex losses wiped out 35 sen per share from AAB?

Stock

2015-11-26 20:08 | Report Abuse

Free fall tomorrow?

Stock

2015-11-26 19:54 | Report Abuse

Public Bank is a good supporter of this counter. Their TP is always 80 sen...

Stock

2015-11-25 22:25 | Report Abuse

Last minute buying pushing the share price up to 3.18.

Stock

2015-11-25 22:16 | Report Abuse

With dividend coming, why price still coming down? Will it drop further after ex-dividend date?

Stock

2015-11-18 23:44 | Report Abuse

When a company proposes to buy back its own shares, it means the company believes that its share price is undervalued.

AA proposed to buy back 10% of its shares. Based on today's closing share price (RM1.37), the market cap is RM3.813b. So if AA were to buy back its shares at today's market price, it will cost them RM381.3m. Do they have enough money to buy back all of its 10% share cap as proposed? Based on the last quarter result, it seems they have more than enough cash in the bank to buy back 10% (provided they have no other capital commitments).

AA can 1) sell back the shares to market at a higher price to make profit; 2) cancel the shares it purchased, this will prop up the share price; 3) distribute the shares as dividends; or a combination of any of the 3 options. Either way, this is good for shareholders.

Usually after such announcement, share price would normally go up. But this is not happening with AA share price? What could be the reason?

Stock

2015-11-11 20:33 | Report Abuse

It's time to accumulate. Buy in small qty. Stretch your funds.

Stock

2015-11-04 23:36 | Report Abuse

Hope this counter really wakes up. It has been sleeping for far too long.

Stock

2015-11-04 23:32 | Report Abuse

I think FirdausAhmad has a very sound analysis. Wellington has sold its shares in the open market from 20% (in July/Aug) to 9% stake now. AA has been able to absorb the selling pressure very well. I have offloaded 50% to take some profit. It looks like time to go in again. Be prepared for the take off....

Stock

2015-11-01 22:16 | Report Abuse

If Richard Branson is buying over TF and KM's stake, AA will fly to the moon...

Stock

2015-11-01 22:14 | Report Abuse

Selling enblock may also not be an advisable thing. TF and KM is synonymous with AA. Without them AA would not be the same. He is very closed to the staff. AA price may dive if TF and KM is kicked out of AA. Banks would have to weigh this if they want to sell enblock. Story would be different however if the buyer is Richard Branson....

Stock

2015-10-31 23:35 | Report Abuse

Bankers are good friends of TF and KM. As long as TF and KM keep it from turning NPL, they will definitely give their support.
TF and KM will have to pray that the Ringgit do not fall further and ensure that AA price do not drop further, if not this will make the Banks nervous. You never know what a nervous banker will do.
If the money from USD200m loan all went down the drain, TF and KM will have to sell their other assets to pay back the loan. Tune Hotels, Tune Money etc? IPO of AA Indonesia and Thailand outfit will also be on the cards...
They must also keep AA very profitable so that Banks do not sell out.
A strong Ringgit will help TF and KM; they don't have to support AA price so much.
There is still a lot of room for TF and KM to manuovre.

Stock

2015-10-30 23:53 | Report Abuse

Both TF and KM are unable to do privatization, as r Moi pointed out there shareholdings are only 19.09%
They need 33% minimum to be able to trigger an MGO.
To do this they need their major shareholders agreeing to this, i.e. Wellington and EPF
The thing is under such situation (impending privatization), the share price should go up. (at least close to their real value)
The people who are taking them private will be laughing if the share price goes further south, because they get it dirt cheap.
If share price continues to go down and there is a privatization going on, something fishy will most likely be going on.

Stock

2015-10-30 23:35 | Report Abuse

This is bad news indeed for TF and KM.
The USD200m they owe to Credit Suisse and CIMB @ 4.3 is worth about RM860m
Their current shareholdings at 19.09% is worth about RM791.5m (RM1.48 per share)
Banks will stand to lose RM70m if they force sell @ RM1.48 per share.
To get back their money, Banks need to sell at RM1.61 per share minimum
The consolation is that AA is worth more than that.
Hopefully both TF and KM do not have a lot of enemies, if there is/are party(s) keep pressing the share price down for a few more months, both of TF and KM will 'die'.
They are so vulnerable now.

Stock

2015-10-29 23:01 | Report Abuse

Careful guys.
Check this out - YGL Convergence sometime in Nov/Dec 2014.

http://klse.i3investor.com/servlets/stk/chart/0086. http://klse.i3investor.com/servlets/stk/annchsh/0086.jsp

Stock

2015-10-29 21:46 | Report Abuse

So much of good news from AA but price still sliding down. The Ringgit weakness is bad for AA. The oil price weakness is good for AA. If both Ringgit and oil price move in tandem, the overall effect for AA should be still good because the total fuel expense at AA should be more than the interest expense, i.e. AA should still be better off on overall terms. Right?

Stock

2015-10-28 21:40 | Report Abuse

Ringgit is oversold. Air Asia is under valued. There is a double gain potential for foreign investors. They should come in to take positions now. In 3 months, they could cash out for a handsome profit. Air Asia has been holding out quite well so far. Its time to accumulate when price falls below RM1.50.

Stock

2015-10-26 22:26 | Report Abuse

It is local funds against foreign funds playing on Air Asia today. Foreign Funds have been absorbing local institution selling. Ikan bilis should nibble as much as possible. Goods news coming. Air Asia still trading below NTA.

Stock

2015-10-08 00:02 | Report Abuse

A lot of good news. IAA problem resolved meeting Indonesian authority requirement. AAJ is back in business.

Stock

2015-10-07 23:24 | Report Abuse

Today's increase is exceptional. It cannot be due to the dividend as it would have been priced in on the following day of the announcement. Furthermore the dividend (cash + shares) is 5 sen only. The spike today is way more than the dividend. Could it be due to something else?

Stock

2015-10-06 20:53 | Report Abuse

Based on current market price, Tony and Kamarudin will get a discount of about RM0.50 per share should they take it private. Good deal for them.

Stock

2015-09-14 22:09 | Report Abuse

It's part of investment by these fund managers I guess. EPF have definitely went in a much lower price. Below RM1 mostly. They are making handsome realized profit by disposing at these price. What they sold off is very small fraction of their holdings. Good profit to declare dividend to members.

Stock

2015-08-28 07:35 | Report Abuse

Oil price rebounded by 10%, currency remained depressed. Not a good situation to be in for Air Asia.

Stock

2015-08-27 22:08 | Report Abuse

Hope that news (RM7.01m payment to fictitious service provider ) will not reverse the new price trend again.

Stock

2015-08-27 21:57 | Report Abuse

Those who went in on Monday and Tuesday made handsome profit.