Big profit ? Are you serious @AdamK733 ? Based on what got big profit ? LOL

calvin, ITS PPE OR PROPERTY PLANT & EQUIPMENT HAS INCREASED BY RM7 MILLIONS
this is due to adoption of MFRS 16, does not seems like a “new” investment...

support

Paperplane, where did u read the report that said KESM is 10 years ahead of others ? :D

There is good and bad about dependency on AirAsia now, it is good for them to leverage off AirAsia now and they build their size of their insurance portfolio, diversifying into other revenue streams from tying up with other airlines, outline platforms and etc. I think they are doing the right things.

Commenting about the cash equivalent, i think it is natural that is increasing due to increasing insurance liabilities (see balance sheet), while it is good to hold relative liquid investment now in volatile market, where they can take on opportunity to invest for good return when opportunities arise.

I think Tunepro is slow and steady, and relative safer in this kind of market now, further it is still cheap compare to when it first IPO... result getting better and price stay stagnant, opportunity to accumulate. It seems KWSP has been mopping up the shares also recently.

http://www.k-one.com/ new update to the website ... what's new there ?

another point is it is traded under book value now, with such a well branded and managed co, the only way is up.

good recruitments to its management team,chief architect from desa park city project, HL grps directors, good landbank, good brand name, aggresive sales plan and still under 1x PBV, at least will go to 2.5x soon, its BV, buy on dip :)

this stock is still cheap, counting the Oilfield and energy logistic biz injected into it, we can assume 60mil net profit (check Scomi grp result last Q). its about 5.x time PE, assuming 8 PE (still cheap compared to other O&G stock), the price has much much more upside, stay on the ride. :)