malaysia companies seldom do share cancelling, usually for treasury share to shareholders. Well, i have no issue on this, it's same as dividend. Trop valuation is low enough, almost disaster level depressing. So it's no point to increase EPS, better give dividend.

ex tomorrow, so only will know if it rallies for real or not by tomorrow onward.
i wish it's for real. Good gearing ratio now, good landbank, good branding.

ESOS price is 1.30? That's about 50% discount at current price! wow....

lack of IBs' coverage. If they do, it should at least boosts to PE 20x as Nestle is at over 30x.

dropped from 1.4x to 0.70. that's 50% dropped. hmm.....
sentiment is recovering....
ok, TP 1.05, 50% upside. :P

ya. wish to hear some updates from those who attended the AGM. Thanks a lot!

ROE is below 10% for now. Not strong at all.

strongest fundamental? i doubt. But as a recovery play, yes, big one some more.

15 sen or little bit more has little benefits, too little.
And ya, I also wish for BI or so. It's about time, right? haha!

added more. 3 batches bought in this Nov.

oops....

buyback without cancelling shares does not increase EPS.
cancelling treasury shares is not common in malaysia.

are you sure? as far as i know, panamy's overseas sales is still minority, its major income comes from local sales.

how is iproperty deal to rev? any research paper on the valuation part?

matrix at 1.42, net yield above 7%. Is it cheap? I think so.

the wa is one of the cheapest(as in premium) among property stocks.
waiting for it to go 0.80-1.00 :P

i collected some wa at 0.415, with overall average price at 0.40

why price starts to move? look at all stocks around the world now. HK, China, US, Japan, and Malaysia, all up. Why? Because after the recent falling, they look cheap, therefore some funds in and buy. For Malaysia, RM so weak, those with higher risk appetite started buying to bet for both low valuation on stock price and also rebound of RM. As for property stocks, quite a few of them (inclusive Matrix) are now at expected dividend yield of 6%-7% and attractive RNAV discount, it's a good bargain for those who do not fear that much of Malaysia overall economy condition in near future that could cause property market to dead.

Dividend won't change much of a stock price. Speculators started accumulating normally a months ago before the ex date. And they will slowly sell after ex date. This won't change that much since they do it slowly. The key is still the fundamental. Many people buy for dividend hoping short term gain failed to gain profit because share price drops far lower to cover by the dividend received after ex date.

expecting 100% gain in 2 years time.

super undervalued. haha!

"no one want to sell cheap after getting div"
make no sense, haha.

exactly. haha!

buy high sell low, investment banks like we do this. haha!

haha

bought a little bit at 1.26 today.

wait after 0.50. hahaha!

agree fully with bearsong. If you are shareholder, you really should complaint with a report sent to Bursa and even Bank Negara. These china companies listed in Bursa are really treating Malaysians like big stupid ignorant water fish! Get some respect back by making reports! It's no point to shout at AGM. Shout at Bursa and Bank Negara.

what?!

In addition to this, Panasonic Japan has been continued making effort to diversified its business from Japan to foreign countries due to uncertainty on Japan Yen as well as business environment (inclusive natural disaster) in Japan. It set up ASEAN regional headquarters in Singapore. And Panasonic Malaysia has been doing a great job for decades, I'll not be surprise if the company being target for expansion in coming years (In fact, it's already happening in past few years).

for many many years, cash rich, steady profit, high yield, great management integrity. Looking at PE of Nestle, I think Panasonic Malaysia (not Panasonic Japan) deserves a much higher valuation. Why compare with Nestle? Because they share same branding power as both selling daily needs products. Well, Nestle is consider a more premium consumer brand, so it's not target at low income group but middle and above income group. As for daily use electronic products, Panasonic consider to serve the same group...middle and above income group.
Nestle is trading at PE of 31x, Panamy at PE 12.6x. For me, a fair value for Panasonic is 18x. Don't forget, Panamy's cash stands at 520m by April this year, where its current market cap is 1.25b. Since there is no investment, I bet its cash position is either similar or even higher today. Consider same, that would be 42% on cash!

according to the article above, icap has no more Parkson? Really? Sold off?

highly undervalued stock.
but who cares? no trader interested in this kind of extreme low profile, low liquidity stock.
and no IB talked about it....only one, maybe, MIDF. but no effect since it's not a famous IB.

thanks for sharing the bursadummy blog, it's very informative.

why malton-LA can be that much more expensive than malton mother share? i don't understand. isn't the conversion ratio 1:1?

haha! i don't mind that too though. :P

however, when RAPID comes in, there will be less weight depending on foreign business since now foreign companies all cut budget.

according to rhb report, 80% of its business is related to USD.

weak ringgit no use for pantech....hmm.....

USD so strong,I can't brain why price drops. :)

if FF really in for a stake in AAX, the "only" worry for now that whether AAX able to do PP to lower its debt will be resolved. If that occur, i will not have doubt that AAX can up 100-200% while Airasia can go back to previous strong support 2.20.

actually, now should blame 1MDB, not AA. I believe, if without 1MDB frustration, Bursa stocks should performed much better than today. Now, not only AA, all stocks are at their 52 weeks low if not multi-year low.

rhb downgrade TP...hmm....

holding it for 4 years now, quite fed up already.....sell or continue waiting?....

don't know what to do with this counter. a value trap. hmm.....

what? 1.40?? target 2.20 lah bro. :P

micheal42，you are "extremely" disappointed? How much dividend you were expecting? Please share.

SharehlderOppression, i could not find anywhere saying Mah Sing issued stock dividend. May I see the link to it? I can only see Mah Sing issued cash dividend. Thanks.

no interest in BI at all.
only got interest in dividend.

lets wish to see 1.00 soon. haha

i don't like bi or split at all. just give me more and more dividends, i'd be very happy investor.