anyone has the latest maybank report after results?

jeffchan1901, there is a big difference between personal beliefs and personal beliefs that are powerful enough to affect fundamentals. take a look at bjfood, don't be too naive.

Thank you to those who sent kind words after reading my blog post and making handsome gains.

Here is my update:

There we go. RM10! It was not supposed to rise this fast because MAHB's results showing full recovery have not even been released yet. I suspect this meteoric rise has something to do with the rumoured takeover of MAHB by Khazanah, EPF and Global Infrastructure Partners. If this deal is announced, investors may want to be extra cautious because GIP themselves is about to be owned by Blackrock. Blackrock is a strong Israeli supporter with massive investments in Israel and American weapon manufacturers. These weapons manufacturers supply weapons to Israel used to kill Palestinian women and children. This also means that if the Malaysian government gives the green light to this deal, it sends the signal that they are supportive of indirectly giving billions of Ringgit of profits to the Israelis to fund their killing of Palestinian women and children. I myself will protest this and the Muslims will surely erupt at this development.

reported RM1 billion profit, cash burn RM3 billion, not enough money for renewable energy business until must do rights issue to raise RM200+ million. yinson is on the verge of collapse, it just takes one fpso to turn bad and yinson is gone

Just88, any idea on Eramas' net profit?

anyone knows what is the net profit of the Eramas Group? Thai Coconut Public Company should be the correct comparable and they trade at around 23-24x PE.

To all that sent me kind messages after reading my blog post and profited handsomely, i'm very happy for you. If you had bought at 30sen, you're sitting on gains of 37% now at 41sen. Powerwell may experience some share price weakness after dividend ex-date. Always remember to take money off the table every now and then and allocate money for the next gem or treat your loved ones to a nice meal.

well i guess it takes actual reporting to make many fools realise that pba is not as sexy as it seems.

This was my comment 1 month ago:

Penang Chief Minister Chow Kon Yeow, meanwhile, said PBAPP is expected to gain RM86 million a year with the tariff adjustment. "However, PBAPP still has to bear an estimated subsidy of RM78 million for the same period".

i am quite certain investors are making a mistake thinking pba earnings will fly very high. but anyway, congratulations to those who made money. if i were you, i'll sell everything tomorrow on opening. don't be the fool who chase high.

there are one off gains of RM31 million. not sure why people are celebrating

Penang Chief Minister Chow Kon Yeow, meanwhile, said PBAPP is expected to gain RM86 million a year with the tariff adjustment. "However, PBAPP still has to bear an estimated subsidy of RM78 million for the same period".

i am quite certain investors are making a mistake thinking pba earnings will fly very high. but anyway, congratulations to those who made money. if i were you, i'll sell everything tomorrow on opening. don't be the fool who chase high.

bye bye sime darby. got conned by umw haha

https://www.malaysiakini.com/news/690743

Syndicates, yes. as they keep extending and extending the deadline, there must be some obstacle. on sime's side, all done. on umw's side, there's some problem we don't know.

firehawk, he's probably not new in REIT but new in stock market lol

people didn't realise about this item from budget 2024. matter of time before this rule applies to commercial property and clmt will finally be able to monetise sungei wang plaza. when this happens, clmt's share price will double.

https://www.malaymail.com/news/malaysia/2023/10/13/budget-2024-en-bloc-sales-to-no-longer-need-100pc-buy-in/96076

simple man, its not coincidence. it was a coordinated attack. only 2 reasons for this. some syndicate shorted or some syndicate wanted to collect cheap. but i didn't see the short position amounts last few days

"The MACC reportedly discovered that between RM6 to RM7 million in kickbacks were given by gambling companies to several high-profile individuals, including politicians, in exchange for the businesses being issued licenses to operate slot machines."

since when does rgb operate slot machines? but in any selldown, you can spread anything and people will believe haha

very likely mcement's quarterly results got leaked out. but hume's results seem to be very tightly guarded judging from the price movement before release last quarter. hume is actually superior compared to mcement. i will write a post on this soon. matter of time before hume increases the way mcement went up today more than 10%.

lawsuit against government - sure got compensation. just how much. if i am not mistaken, one investment bank said there was a clause in the contract saying RM700 million+ if the project is expropriated.

for now, awantec, myeg, scicom and few others will be hot due to re-awarding of border control project.

brandon99, lol qbm 1 quarter alone will offset the combined annual loss of all the 3 bad properties.

syndicates, it was somehow changed from hearing to case management on 20 july. the order is now scheduled to be given in 2 days on 26 july.

nice

litrak will get the court order in 2 days on 20 july. and the capital repayment should be made around 1 month from 20 July.

matter of time before share price shoots up. easily a RM3 stock. what many don't know is that the price of cement shot up in May 2023. The % increase was nearly 10% in May 2023 vs April 2023. The increase in selling price in first quarter 2023 vs fourth quarter 2023 was only around 6% and we have seen the effect in their record first quarter results.

hoping that there is more profit taking for me to collect more.

it is a matter of time before clmt goes to 65-70sen. investors are still stuck thinking about their 2 struggling malls sungei wang and 3 damansara and have underestimated the effect of qbm to their future earnings and dividends.

this stock will rally when bayan mopu hits first gas at end of this month

samanthalee1024, no. it will be around 52-53sen. because there is some dilution from exercise of ESOS. 52-53sen assumes the RM1.7million interest per quarter remains the same in the upcoming quarters. but its likely to be a little higher because of OPR hike.

taitaumau, u got the sprint equity accounting right. brilliant stuff. very nice to work with people like you instead of those saying 49.5sen hahaha

m16454, lol companies have taken 5 years to regularise before

saparuddin1973, thanks for sharing the article. i forgot to mention about the starting date of Petronas' new annual CAPEX of RM60billion which is very important. I have updated my blog post to highlight this.

lol 4.5sen the risk also 4.5sen, rm1 also the risk rm1. stock market is not genting casino.

49.5sen to 54sen is not small money. just be aware of the risks pointed out by taitaumau earlier. but i do think the market is wrongly valuing it by taking the latest net assets and deducting RM10 million from that. they forget that there's another RM15 million that is hidden away. anyway, these kinds of pricing mistakes is how some of us can make money.

taitaumau, oh yes i missed that associates part out. so there is actually still another RM25 million not in the net assets of the balance sheet yet? well, now should be RM15 million after warranty claim and this would make the net assets approximately RM0.54. is that right?

taitaumau, as you pointed out earlier, government receivable around RM80million, retention sum around RM20million. but balance sheet only has RM75million receivable. any idea where is the balance RM25million? or is the RM75million in the balance sheet a conservative estimate?

the management must now make sure that litrak gets the highest interest income for its cash. last quarter litrak earned RM7 million in interest income.

unicornP, no no. that 13sen entry price is long gone haha. good for those who read and bought.

afata08, not easy to predict but i would imagine 1-2sen lower.

it might open hot tomorrow but i must advise to sell first then buy back later. the core profit this quarter is actually very low. the RM20million that you see is mostly contributed by one-off impairment reversal and positive tax. but also need to be aware that 4th quarter is usually a weaker quarter because of less o&g activity during monsoon season. so sell first and buy back later if you want for future quarterly profits.

ivanlau, no. its not going to iris. with niise, KDN will be able to do it themselves.

Q result? are you joking?

UnicornP, i would be happy to let go at around 20. but if you dare to keep it for a year, i have a feeling 30sen is possible. but never be greedy or fall in love with your investments.

warranty period ending. big money coming from ALR soon.

MetaStockResearch, u may need to think 101 times.

nylex is a good comparable as it is another cash shell. it is trading at around 4x it's cash value per share. it is a matter of time before scgm shoots past RM1, which is only 2x its cash value of 50sen now.

unicornP, making good money now? if you had followed and bought, very happy for you. this time needed a little patience.

just88, do u know that peb share price tripled from RM0.70 to RM2.10 when they announced the proposed acquisition?

scgm receiving court order next tuesday on 29 november 2022. we should get the capital repayment by 1st half of december.

just88, management's intention is to get a business and they have been approached by those in the EV and renewable energy space. this will cause the share price to shoot up way past the cash value like how jentayu sustainables did. i will not be surprised to see the share price going to RM0.80-1.00 (post payment of RM0.36 in December) when the acquisition proposal is made.

just88, now i understand. this should be for the RM9.6 million in future estimated expenses?

just88, are you referring to investment in securities as the non-trust cash?

taitaumau, the circular also says that the actual amount received compared to the estimate has always been +-5% historically. The future interest income should cover for any shortfall. and if i am not mistaken, there is also a WACC return on that retention sum that ALR has to pay to Litrak.