What's wrong with GFM, price keep going down... PE so cheap now

What happened??

Beta should able to clinch some EV projects or supply parts to new brands

time to fly

Out of 41mil pat, 33mil is value gain from property revalue, 5mil from tax... nothing to shout yet

Finally!!

Hot money not yet into furniture stocks, hold tight, the day for wegmans will come soon or later,

Founder selling shares?? 10mil some more....Very pantang leh

This giant still sleeping? Most property stock ran to sky high, SHL still like snail

https://www.nst.com.my/business/corporate/2024/05/1047225/phillipcapital-has-buy-call-%C2%A0t7%C2%A0-68-sen-target-price

Wow!! What happen here??

Market still not discover this gem... with 2bil order book in hand, the coming Q result should see huge jump in profit

Construction sector run!! Pesona still sleeping....

2bil book order in hand... wait and see

Could be big name buying, the 10% p.p @ 0.22 is not selling in market

PBA's rev should able to achieve 600mil on FY2024

About 65% of PBA's rev come from domestic user, the new tariff will at least contribute 50mil rev per quarter

If announcement from SPAN is to implement on all states, then the largest impact will be on PBA. +22c for every 1,000 liter. PBA is now selling 32c per 1,000 liter, thats almost 69% up

Keck Seng may run further up if market notice how big is their landbank in Pasir Gudang which is equal to uems's landbank in Johor

Hold tight la.... CIMB value Danco at 58c.... another 26% upside

Good start for 2024. Good job, APM!

Pesona should be able to sustain it profit in coming quarters giving its book order of Rm2.2bil. Hopefully good result and dividend coming

2.8 billion allocated for federal loan maintenance, Edgenta should get bigger cake next year.

Call off??

OMG!! Whats going on??

FYI, once the SCA turned unconditional, a notice of Unconditional General Offer will be issue, letter of acceptance will be available after 21 days from notice. Normally offer will be open for acceptance for 21 days and offeror can extend up to maximum 60 days, payment will be received within 10 days from the date of acceptance.

The Go letter notice will only happen after SCA turned unconditional

@Thinkerbell, you received the money?

Or any shareholder receive cash from bstead?

May i know what happen during the egm on 9th Sep?

Hi, any existing bstead shareholder around??

hardly see stock with takeover offer getting lower

BHB's EGM was held on 9th Sep, wondering why there is no result?? Bplant was even lower vs last week

wow, seller hit down to 1.46

Any Boustead shareholder here to advise?

@rohank71, how do you know EGM was not proceed??

Finally move, 2H should expect to do better especially 4Q

Fantastic result and fundamental but not paying dividend

Privatization at Rm6.00 is still bad news to minor shareholders

Some more, Kseng is sitting in net cash of Rm1.2B or Rm3.30 cash per share

Kseng RNAV should be above Rm15, which is far away from current market price.

Kseng's NBV will be much higher if the lands in Pasir Gudang have mark to market value, those lands valuation are back to 1980 in Kseng's book

T7 could possible be another Yinson. The MOPU will provide a long term recurring income to T7 like FPSO to Yinson. T7 1st leasing MOPU which achieved first gas in Bayan field will contribute significant amount to T7 while the second MOPU in Nong Yao is up coming.

For some buffer, I think Rm40-60m will be a safe extimation

If assumptions on trade consumers above are right, than the new rate will boost PBA rev by about Rm82m p.a, which is higher than my earlier calculation.

@tigerboy correct me if I'm wrong. Thanks

Thanks for your correction @ tigerboy. I did another calculation based on 2021 data which shown the total 87,691 trade consumers consumed total of 3,530 liters/day, which is 105.9m3 monthly. Based on this assumptions, trade consumers contributed 130m in revenue yearly to PBA which is slightly higher than earlier extimation

My rough estimate on PBA 2023 earnings will be 20-25c eps.

@bfmklm Based on PBA average rev/a about 335m and commercial contribution about 36% of total rev, u can do some simple calculations comparing both old rate and new rate. My calculations in fact shown commercial users from 60-200m3 will get 63% bill increase. Rough calculation, (120m pa x 63% = 75.6m p.a), for not being too optimistic, therefore I only put 40-60m

Market will surprise after the 1Q2023 result