It's the best opportunity for William Cheng to take Parkson private for a song. If he can pickup close to 300mil shares today, that would leave about 10% left for MGO. No point listing if the price do not reflect the intrinsic value of Parkson. Hopefully, William Cheng has finally awaken from his slumber, cheers.

Wonder why the regulators have given BJLAND so much time to regularise their PSS. Is there something amiss at the regulators or is there more than meets the eye on VT's influence?

Don't understand these guys that runs Fintec. They could easily raise the funds required by selling 10% - 20% of the holdings in Focus. The sales proceeds will be more than the RI can raise. Don't need to be a rocket scientist to solve this. Since the price of Focus is grossly over valued currently, its time to take some profits off the table and these guys don't seem to know that? Common.....

So, looks like VT don't have the bullets to offer a fair price to buy over the remaining meager 13.255% currently. Not as rich as he tends to behave. Still using the Berjaya group of companies' funds to buy back shares via cross holdings regularly in the market. That is one of the stunts investors don't like. It's an abuse of the companies funds not for business expansion or for growth purposes. No wonder the BERJAYA GROUP of COMPANIES have very little following. Only few anal-list follow their stocks. Zero following for BJLAND and BJCORP and the message is crystal clear. When would these major shareholders live up to their status and act with conscious.

Many major shareholders are taking their companies private. The latest is TAFI a losing concern. So, when is William Cheng going to follow?

No, he's taking advantage of the slowdown to buy more time from the regulators. Eventually, he will take it private. I'm sure he's not wasting his time to collect for so long to give up finally.

Why the double standard on the treatment of IQ but not the glove and health care related counters? They were given only 1 day in no trading above set threshold price. It only means there are hidden hands behind the trading of stocks in Bursa by insiders involving the regulatory personnel. When they are not involved, stricter rules are applied. Too obvious and unprofessional in their handling of market activities

Remember the old adage saying, Early bird catches the worm, cheers.

So much negative comments here. Actually, if you like what they do and think they can get their act right in 1 or 2 years as guided by the Management, fine. If you don't believe in them, then move on, as Bursa is a supermarket of companies to choose from. No need to waste your precious time and comments here as all are strangers. No one will appreciate even if you get it right. Go choose another counter you like and make the positive comments there. I'm sure those like minded will appreciate you for sharing, cheers.

Currently, lumber price is at its highest in the last 40 years since 1980. The bull run on timber stocks will come once the market sees profits start to roll in. The early bird catches the worm. So, load up now and wait, cheers.

Either WC is really stupid or he is getting proxies to buy back Parkson shares at this fire sale price of 8 sen. You don't need to be a Rocket Scientist to do the maths. It is important for the Parkson major shareholder to protect the interest of all stakeholders so that the share price reflect its intrinsic value. It will be irresponsible of the management to not defend the share price by at least performing share buyback when Parkson is selling at liquidation prices. WC you should do the right thing in taking Parkson private or perform share buyback. Too many companies under WC has been delisted because he did nothing to save them. That is being irresponsible as the major shareholder running the show

The current lumber price at USD725 is the highest for the past 25 years. The question is, are the syndicates prepared to leave the glove related stocks to start the timber play. Most timber stocks are penny stocks and can easily limit up, cheers.

Market over reacting on glove and related health care stocks including Tekseng after news out that Russia has found the vaccine. Some lucky ones pick up the news late last week. The big boys started unloading their position and Tekseng is no exception. Let's hope they don't continue unloading then it will turn ugly, cheers.

The Manager owners are not investors friendly. They need to do more interaction with brokerage houses and analysts to share the positive developments in the Company. This is key to Tekseng having a huge following to boost its share price, cheers.

Market is so hot now even zombie companies are flying. If there is any syndicate deciding to fart here and start some stories, I'm sure Parkson also can meletup. Market is flush with enthusiasm. Wonder why William Cheng is not buying when the price is dirt cheap. Don't tell me even the shit companies with few sens book value in Bursa is better than Parkson? Common, the major shareholder and CEO, William Cheng should buy more Parkson shares to give confidence to the market when it is selling at dirt cheap price. Even Vincent Tan buys back his companies shares regularly. Why William Cheng is not doing anything? Wonder why Parkson is not doing share buy back at this ridiculously low price? In fact, with adequate cash flow, they should be buying back 10% of the shares as it will cost pittance to buy at 8 sen a share

VT's proxies must be collecting aggressively lately before announcement for MGO soon.

Based on its top 30 shareholders list as at 5 June 2020, Kenanga have three asset management funds parked in Tekseng, whilst, Affin Hwang Asset has one. Once Q2 result is announced exceeding street estimates, more funds will hop in. The higher the price, the faster it moves. Hold tight, cheers.

Why talk about Techbond here??????

Tekseng is increasing capacity on PP non woven materials by allocating RM20m on the expansion. What it means is demand is greater than supply currently. You can expect the sales to increase exponentially once the new capacity come on stream. Profits will be growing and this will be reflected in the the share price, cheers.

With good results of at least 5 sen in Q2 and dividend payment of at least 2.5 sen, Tekseng can easily hit RM2.00 by year end, cheers.

The share price is an indicator of the apparent good result coming. Not too late to join for the observers as the price is still cheap.

Tekseng used to be the darling of Pheim Asset's portfolio when they ventured into the solar business. Wont be surprised if these funds return to take a position due to the business turnaround from the covid pandemic.

Of late, RSawit has been selling off the low yielding estates causing the losses. They should start to show better results once the bad ones are disposed off. The sales proceeds can also be utilised to pare down the debt resulting in interest savings, cheers.

Expecting Tekseng to declare dividend in upcoming result. I think the figures should be very good with much higher prices fetch on it's PP non woven material sales. Selling for a song compared to the glove players, cheers.

More anal-list are trying to trap newbies and suckers daily. Bring it on MAN as memories are short. Let's see how far this party will run.

A well managed family owned business. Benefitting immensely from the healthcare raw material supplies required to meet production and demand. Early bird entering this stock will see big returns by year end. The rate of return for glove stocks are not cost efficient over the high prices currently. It's a game of buying and selling before it corrects. The dividend yield is paltry and everyone chasing just for capital gains like pure gambling. As usual, memories are short. Better be safe than sorry, cheers.

Not the lady but the old lying toad has conned alot of newbies and still hoping for more to buy his margin position on Comfort. How pathetic.

GP during its early years hit a high of RM7. Its glory days may return if they can get their act together and start to report stable earnings growth. The key is to win some big supply contracts and have reputable world giants like Tencent as partners in their business dealings. This tech stock may turn out to be the darling in 2021,cheers.

PRGL is quietly climbing up these last few days. It's a sign the Parkson business in China is picking up momentum, cheers.
16/06/2020 1:41 PM

Major shareholders that abuse their position and perform questionable use of funds and sales proceeds belonging to cross holdings have very little institutional following. That explains the ridiculous low price of BJLAND although the book value is 84 sen and not revalued. The BERJAYA Group of companies suffer from poor investors perception. It's a big disappointment for minorities and this is compounded when the Regulators are also sleeping on the job allowing VT to get away without performing an MGO when the threshold has been breached for so long.

@ Ahairytrader. Good coverage and analysis of the business. Tekseng is a well managed family run business. Got into trouble when venturing into the solar business. This appears to be behind them now with factory rented out and close to RM120+ million provided for impairment the last 2 years. The Manager owner outfit are hands on. Agree with Ahairytrader of the TP of RM1.45 - 1.50. That's conservative if the present craze on gloves and health related counters are being rated. It's a steal at the closing price of 51 sen premised on the recovery of its business and prospects. Happy trading and good luck to all who owns Tekseng, cheers.

The old lying Toad has again fooled many. Comfort only reported an eps of 2.80 sen for its Mar 20 quarter. Now you know why the major shareholder, D.Lau was selling like no tomorrow. What this lying Toad did not tell you is how much Comfort can make in the next few quarters based on the orders and capacity the company has currently. He tells you that demand exceed supply currently. Even school boys know that. In fact, at his age he should be contented with what he has but is never enough, just like Tun M who is obsessed to be PM again and again. This is the same as this old lying Toad who will do nothing but tell you to buy after buying enough so you can help to push the price up to make him richer. All reputable investment gurus in the World in fact don't divulge to the public what they buy except this self proclaimed super investor. So, be safe than sorry, else you may end up holding the high price that will take you a lifetime to recover, cheers.

How can there be quality when you're making a kill even at RM 5 a pack. Can you imagine how much these guys are selling before they reach our shores? Probably RM 2 a pack. You buy and smoke at your own risk. Even the source of where they are made is unknown. Is like buying a high quality fake Rolex watch for RM 2k and say it's the same quality with the original Rolex watch which is retailed at nothing less than RM 25k. So, for those that can't afford to smoke they shouldn't be smoking and killing themselves faster with low quality cigs.

MIDF is confident of BAT's fundamentals with a target price of RM 15.70. Why fret when you're buying at less than RM 11. Have faith in the management as they manoeuvre through these challenging times before emerging stronger. Even contraband cigarette prices won't remain cheap forever. Moreover, there is high likelihood of stiffer punishment on smugglers to deter their activities. Those hard core followers of BAT and those that can afford won't risk their health further by smoking contraband due to lack of quality control in the production of the cheap cigarettes. So, it will eventually reach a threshold in the marketplace. As the masses improve in their incomes, so will the legal market cigarette buyers, cheers.

If you can buy at current once a lifetime price don't complain and grab. You're buying quality management, recession proof business, solid dividend whether good or bad times and possible recovery of business in the future. In short, you're very near the bottom if not the bottom after the last correction through panic selling, cheers.

At current liquidation price of less 10 sen, any small increase of the price would equate a very high percentage gain. Don't miss out as Parkson should be able to ride out the storm with WC micro managing the operations as CEO, cheers.

Last chance to buy BJLAND this afternoon, cheers.

I suspect offer coming from BJCORP and all companies acting in concert with VT for BJLAND. Let's hope the offer is FAIR. Anything from 80 sen onwards is FAIR, cheers.

I suspect offer coming from BJCORP and all companies acting in concert with VT for BJLAND. Let's hope the offer is FAIR. Anything from 80 sen onwards is FAIR, cheers.

This is to catch those selling off their shares early in the morning and hoping to buy back cheaper and making a profit. They do this daily to try to make a contra gain. Sometimes, they may get trapped by their own folly.

Good sharing of info by Stockraider, thanks. I'm looking forward to TSVT completing the buyout of BJLAND in the not too distant future, cheers.

@ Investing_bursa. Take a good hard look at other expensive shares in Bursa and tell me which other stock offers a good entry at current price. I can't find many except maybe Allianz. Most businesses also have their ups and downs. The importance is finding a stock with a recession proof business like BAT. They are innovative and spend continuously in R&D to grow the business eg e-cig and is also undergoing rationalisation to reduce OPEX by 20% to improve their margin. If BAT is not faced with some headwinds, do you think you can buy at this cheap price? So, either you see potential in the recovery of BAT's business after 5 years of decline or you can choose not to buy this business. No right or wrong answer. For example, there are alot of people believing that Glove stocks are still cheap as they are going up daily without any let up. If you think they are cheap, you can always try your luck but hopefully you don't get caught at prices that will take you a lifetime to get back. The current PER of all glove stocks are crazy. But for those wanting quick profits, then the risk is worth taking. So, choose wisely your hard earned money for quick gains or the risk of quick losses too, cheers.

When you buy BATMAN at this beaten down price, you're holding practically at record low prices. With decent profit margin on its business and a very good dividend policy, you can't find a better buy among the other expensive peers in the market. The worst is about out with the exception of Q2 which may be slightly worst that Q1, then its recovery thereafter. Market is forward looking and you're buying for a recovery in earnings and the worst is probably behind BAT now. The paramount pre-requisite in buying or choosing a stock should always be 1st, credible management, 2nd, business potential, 3rd, recurring FCF, 4th, good dividend policy and yield, historical low price, and so on.

So, don't complain and have patience when you're buying at once in a lifetime price for long term investment, cheers.

If you compare BAT with the likes of NESTLE, CARLSBERG HEIM, F&N, DUTCHLADY, among others, on these high priced shares, you will notice that their dividends are worst off. So, what's wrong with BAT at price. If you have no faith in this stick, please leave this space. This is for BAT followers, preferably to share their thoughts and contribute positive news on BAT, cheers.

A new shareholder emerging in Comfort? Are you joking? Didn't he said that he loss 90% of his wealth in Dayang? Who is going to lent him so much money these days to ramp up the shares? Unless it's not true. Then his credibility is zero, shssssssh......

Agreed with Stockraider on this stock. Have been buying this stock from RM1.20 all the way up. Expect Lotte to defer their planned expansion and retain the cash. Lotte may also reward shareholders with an interim dividend if the 2nd and 3rd quarter profits beat street estimates, cheers.

This counter is no where near the current value. All hyped up to trap gullible traders so that a few individuals can make big profits from this current pandemic. As usual, memories are short and even the major shareholder is selling like there is no tomorrow. Be safe and buy shares with known established businesses at big discount today. Better be safe than sorry as the price and production increase of gloves in this stock cannot matched the exponential price increase. You will see this when Comfort report its quarterly result soon. Don't get con by a few individuals with vested interest promising the sky before it's too late.

William Cheng should perform a share buyback at this fire sale price. In fact, it's an opportune time to buy back all outstanding shares not owned by him and his companies. Based on Parkson Holdings cash of more than RM 2 billion, it will be so cheap for WC to take Parkson private. I hope WC consider this move to allow shareholders to exit at a fair price. This is because Parkson is worth much more than RM1.69 based on its latest book value on March 20. This is because there are Parkson owned malls worth more than their book value if these malls are disposed for profit in the future. Parkson can be repackaged and relisted later in the future if there is a need.

So, William Cheng if you follow this thread, you should consider this proposition as this is the best opportunity for you to take Parkson private at this ridiculously low liquidation price currently.

The biggest con job are the glove counters making peanuts and paying paltry dividend but the shares are at ridiculously high prices and PE. The gullible followers are chasing for fast profits. They will eventually get burnt due to short memories, cheers.

To reap big profits, buying the son is better and it will give exponential returns based on percentage. You can also buy more and it's in the money. Over time, the PA price may close the gap, depending on how bullish the mother price becomes. Like the new man in charge said, we won't declare dividends but investors will be rewarded with capital appreciation,cheers.