AABBCC wanna buy cheaper mah, of course say 55 cents lor, no way bro, they already explained why they are not going for main market transfer, haha

Tomorrow possibly breaking 70 la, too cheap la, if acquisition to be completed on q2 2015, then megb has higher upside for short term, longer upside for smrt

SMRT has several catalysts:
(i) Wining of pro-elt - expected after april 2015
(ii) Completion of MEGB - expected april 2015
(iii) Main market transfer - expect resume after april 2015

Meantime, wait for more plans for MEGB to rise up, then SMRT would definitely shows good value

KSL, have to be patient, I don't think it will go up this week, maybe next week or next next, expect to recover back to what I have recommended at, RM2.20

May test 52.5 tomorrow

TP 1 is for those people previously set, but my TP is much higher, last q3 i updated with a tp of 1.15 if i am not mistaken

The star has tonnes of mistakes, first the MGO offer cost RM112m not the 30.75% stake, and second it said megb shares has gone up 70% after they expressed to buy, that is pure bs, they should sack this reporter, they only expressed at 60c, that is just about 20%

Where are all the haters ya? last time they bashed me like a toufu, in the end they were burnt like a toufu, i am still here, increasing my port value via ifca, hahaha

It is stated in page 13, the turnaround plans for MEGB

1. Continue Asset-light strategy
2. replace directors and management
3. new programmes course offerings
4. shared services with SMRT - cost cutting
5. rebranding for megb group
6. cross-selling programmes

While MEGB has received some negative publicity in the past, the goal is to focus on building a new chapter and bring new life into the MEGB Group with the objective of rebuilding AMU into a leading educational institution in Malaysia while providing high quality of education to students.

Following the completion of the Proposed Acquisition, the MEGB Group will be
rebranded such that the branding focus is not on “Masterskill”, but rather as AMU.The Company sees the opportunity in turning around the business of the MEGB Group due to the SMRT Group’s expertise and track record as well as good working relationship with players in the education industry and relevant government bodies, which is important given that the education industry is highly regulated.

Full of stupid comments here, mgo at 60cents of course have to happen, because they collectively acquire more than 33pc, meaning 60c is the base price and their intention is not to privatise megb, ecoworld aka focal aim mgo at 1.40, and now 4 bucks, thats how mgo work, last chance for you to buy more tomorrow, rm1 is no longer a dream

Of course is good, as expected because of private placement and acquisition of megb, the main market transfer have to be delayed, good news for smrt and megb shareholders

fitch report is expected, most of the negative news already expected, now the game is only will be when the oil price can be stabilised and turnaround, if it happens after June, then maybe there will be some selling pressure, if it happens after March, then we are safe

looks like my tp of 1.10 is achievable after kenanga's stock pick featured in the star, gonna wait for this

Why focus so much on main market transfer? It is good to be in main market, but u have to remind yourself of all the catalyst smrt has:
1. Low single digit pe compared to prestariang
2. Upcoming pro elt winning, expected to be within next 3 months
3. Acquisition of megb and potential synergies
4. Increase of student intake from aucms and egypt
5. Brahmal still a substantial shareholder, his entry averaging at 45-50c

Ksl is undervalued, just accumulate for the next surge, profit is too huge to be ignored

http://www.thestar.com.my/Business/Business-News/2015/01/10/Fund-managers-stock-picks-Stocks-on-Bursa-Malaysia-are-off-to-a-rocky-start-in-2015-Its-a-continuati/?style=biz

And people were saying ifca is a manipulated stock, how ridiculous haha

Yong brothers bought, remembered last time he bought at 44, then shot up double, i dont think he will buy without a 30-40pc upside in his mind, somethg good will happen soon

I expect some panic chickens next week, maybe can collect cheaper at 55-59c

There is requirement of market cap and minimum investment amount, i know them well haha

Yesterday announcement is telling you that smrt meets the miti criteria to be transferred, it is not an sc approval, i think it is either because of the acquisition of megb, or new issuance of securities as mentioned by munger, it had to cancle the transfer plan in the mean time, and delay to next year, fundamentals doesnt change guys

Creador could not buy smrt because of fund size issue, and market cap below usd 100million, anyway the main market transfer would not derail the acquisition, it is just delayed i guess, lets wait

It is kinda expected, what i think is that, main market will be delayed because of smrt acquisition of megb, probably gonna incur some cost of borrowings and losses if megb still lose money, so its profit might not be that high and earnings visibility will not be clear, thus maybank advise the company to cancle its transfer and focus on its acquisition first, after megb is turnaround in 2015, smrt will be applying again

Thats my take, not sure whether this will be so

Wait until end of the month, diesel price will drop then just buy

Looks like they are distributing, better dont buy

Lol, u guys were funny, how long i have recommended this stock, and i have said alot of times, for me, acquisition will happen, if u have lost faith, just sell, dont question my intention, i commented when the price was down not just up, i asked people to buy and buy below 64

If clear 38cents tomorrow, we can see 44cents again =)

My cost of IFCA, during this volatile period, I did not trade IFCA, just buy warrant exercise it, sell mother and buy warrant again, lower down my cost every 2 weeks

IFCA target FY2014 profit = RM20-22m
2015 profit = RM30-35m

P/E of 20x = RM600m - RM700m market cap

haven't included potential M&A, with an acquisition target of 8x, can propel IFCA to RM1.50, but that will be on mid of 2015 after GST, haha

Should be able to move up again

Just hold - no damage, meantime exercise and pocket all the arbitrage, cost of ifca now probably is 30cents only

You are right, MYEG still got upside, but opposition has been making noises, i think they will slash at least 20-30% of the RM38 per foreign worker, that will reduce the TP to RM6-6.50, not gonna take huge risk

acquisition will be announced soon, good buy now, no brainer, single digit pe education business

Just sold my MYEG, good profit, about 50% return for warrants and 25% for mother, alerted you guys yesterday, meantime look at megb, acquisition gonna be approved, and will fly soon

Gonna approve, stay and hold, gonna ride to 85 soon

Resting first, today can close RM4.60 is good already, tomorrow will be another great show

Looks like someone will wait t4 today to collect those who chiong this morning

Up during a down day with high TP given by CIMB again, better lock in now, RM5 is an easy feat

CIMB TP 7.80, chart looks good, breakout is happening now

tomorrow ex- bonus 1:1, i expect MYEG to test RM2.50 tomorrow if there is a strong volume breakout above RM4.40

rebounded, if tomorrow stabilise, could launch to next stop 38c

With oil price drop, KTB is the main beneficiary, next month diesel will be lower than this month, and another rally coming, why the hurry to sell? only sell when oil recovers

Down with low volume

Looks like blockage is strong, but lets see on monday, cheers guys!

Monday will be higher, just don't sell first, careplus numbers look like very bad, i left ifca, smrt +megb +ksl for my long term portfolio only

good job, how was 2014 to you? sitting on profits?

bravo!

kla, you can buy back 34 now, i am sure gonna up again, given this surge

today, possibly 36

Wait to buy if it drop close to 32cents, expect another run soon, diesel price 30cents drop should be good for KTB

Not yet, waiting still, oil don't climb back to 60, i won't buy

31 cents broken, looks like next stop is 38 cents

Running like full throttle

Finally KTB is coming, with petrol price drop, this would be a good time for KTB