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2020-10-09 12:52 | Report Abuse
Agreed with every word Vincenbravo said. It is time to sell bahvest as it produces gold, but it doesn't give you any gold. Time to sell!
2020-10-09 12:19 | Report Abuse
Democrat is going to win the election next month. Once they win, expect them to send every US citizen, every company, every corporate in trouble big fat check. US is going to print its way out of economy crisis. Of course, while printing more money, they are also debasing the currency at the same time. For how long can they keep printing $$ without facing inflationary pressure? As dollar is still the world reserve currency until there is an alternative, the inflationary pressure will be exported throughout the world and make everybody suffers. The winner will be those with hard assets like real estate, land, farm, and of course, precious metal like gold.
2020-10-02 20:51 | Report Abuse
Biden will print money more aggressively compares to Trump.
Many US airlines are running out of money, going to close shop if not receiving aids soon enough.
US citizens are now talking about universal basic income.
US has no choice but to print more money in the coming months.
These are all extremely bullish for gold.
2020-09-30 08:05 | Report Abuse
good time to buy into this gold mine.
2020-09-22 18:46 | Report Abuse
Only gold mining company in klse, sure will attract a lot of interest.
2020-09-07 18:27 | Report Abuse
PE 60, must be super optimistic for a company selling scrapped metal.
2019-02-18 12:23 | Report Abuse
do nothing except sit back, relax and watch it moving up
2019-02-14 16:53 | Report Abuse
this is a good day. Hope to continue tomorrow
2018-09-17 15:33 | Report Abuse
tomorrow will be interesting. Hope it breaks 50 cents.
2017-05-31 06:33 | Report Abuse
20% growth yoy. Eps for 2018 will be > 0.60
2017-02-12 16:06 | Report Abuse
https://www.miningreview.com/news/bisie-tin-project-set-north-kivus-first-commercial-mine/
MSC owns 5% of Alphamin Resources
2016-11-28 04:40 | Report Abuse
About 4 m tickets sale per draw. A little bit low considering the population of 90+ m
2016-09-02 12:27 | Report Abuse
I have been monitoring the growth of Vietnam lottery sale since day1. By looking at the amount of the grand prize, initially the increment was 0.5-0.6B per draw. The latest increment was ~2.5B. This figure tells me the sale has increased by 5X in about 2 months. If I am not wrong, currently the lottery tickets can only be purchased by physically visiting the sale booth in HCMC. What will happen if they establish the sale booth throughout the entire country? What will happen if the lottery tickets can be purchased online by a smart phone? I did a check online, FDI for Malaysia is about RM 13B for Q1-2016. For Vietnam, FDI is USD 11B for first half of 2016. If you compare these two figures, Vietnam attracts almost 2X FDI than Malaysia. Samsung, intel, Abbot + a lot of MNCs have already invested heavily in the country. Currently an entry level engineer with a university degree in HCMC earns about USD 300 ~ 400. With this amount, you can only hire an operator with SPM cert in Malaysia. I would expect the salary to grow at a very high rate. Vietnam economy is booming, just like China 20-30 years ago. If the economy is doing well, and average income goes up, naturally people tends to spend more on food, alcohol, cloth, luxury items, and of course, gaming. Genting is building a port in HCMC specifically for its gambling cruise ship. I think it is wise to park some of our money in companies which own business in Vietnam for a fast ride.
2016-08-12 20:32 | Report Abuse
Jackpot price increases by 0.9b Dong. Compare this figure to the first draw, where the increase was 0.35b Dong. Sale has gone up 3x since the beginning. I would expect the sale will increase at a faster rate as the Jackpot size gets larger. By the way, 18.8b dong is equivalent to rm 3.5M, a big amount by any measure.
2016-08-10 20:28 | Report Abuse
Lottery sale keeps increasing. Good sign.
2016-08-08 19:31 | Report Abuse
The US$3 billion game in the lottery market
http://m.english.vietnamnet.vn/fms/business/161750/the-us-3-billion-game-in-the-lottery-market.html
2016-08-05 08:46 | Report Abuse
looks like someone purposely keeps the price in between 0.34 - 0.35 range. I believe this is to facilitate the transfer of share from one party to the other, otherwise, there is no reason to keep selling the stock at the lowest price in the last 5 years.
2016-08-04 08:56 | Report Abuse
http://www.thesundaily.my/news/1905673
There are a few interesting facts from the article shown above.
1. ... paper lottery market that was worth US$3 billion.
2. ... Vietnam's illegal gaming market is estimated to be worth US$9 billion a year.
3. ...94 million people
Total gaming market is ~ 12b USD, or RM 48b
On average, everyone spends close to RM500/= per year to participate in some kind of gaming every year. This is a huge % of money to spend on gambling considering how much they are earning per year.
4. ... Unlike in Malaysia, Ooi said, the lottery can be sold at both dedicated and non-dedicated outlets in Vietnam. Non-dedicated outlets include convenience stores, retail shops and kiosks.
This tells me setting up a sale point is cheap, easy, and most importantly, fast.
5. ... In the next four months, Ooi said, a digit game will be rolled out in Vietnam followed by a third game within a year. "We're also allowed to do fast draw games where you can have a draw every three minutes. This is more interesting, we can tap into a totally different spectrum," he noted.
A lucky draw every 3 minutes is just like gambling 24/7. This is identical to Las Vegas or Macau.
On a separate article, I read Vietnam lottery is going to implement betting by (1) phone call (2) from smart phone installed with an App which is linked to your bank account. After the internet implementation, there is no need for physical sale booth anymore.
2016-07-29 17:22 | Report Abuse
http://www.sinchew.com.my/node/1551710/2600万资本开销%EF%BC%8E马镀锡提高产品质量
2016-07-23 20:34 | Report Abuse
Must be Google translation. Really sucks!
2016-07-23 19:09 | Report Abuse
Imagine if the purchase can be done by an app in your cell phone, and the money will be deducted from your banking account. You don't really need to queue in front of a terminal which might be far from your home. All you need is a smart phone which has an access to the Internet. This is what they are going to implement very soon.
2016-07-19 08:57 | Report Abuse
Berjaya bullish on Vietnam
http://www.thestar.com.my/business/business-news/2016/07/19/berjaya-bullish-on-vietnam/
2016-07-18 09:33 | Report Abuse
looks like nothing happened
2016-03-24 08:19 | Report Abuse
There will be a few price catalysts.
(1) Announcement of power generation this summer (rather than Nov as in the announcement)
(2) Good or fair terms and conditions for PPA
(3) Last but not least, fairfax initiates its purchase after the announcement of RKM power plants.
2016-03-18 13:22 | Report Abuse
better to wait for more details on terms and conditions of the PPA before making any move.
2016-03-18 08:53 | Report Abuse
I wonder what are the term and condition of the PPA mentioned? No details were given in the announcement.
2016-03-01 11:22 | Report Abuse
There is a big gap between the current market value of POSH and the stated value of associate in the balance sheet.
21% of POSH is about RM350 M. This should be the figure used in balance sheet rather than one billion.
2016-01-29 21:24 | Report Abuse
Profit guidance.....
Expect huge loss in the coming quarter.
2016-01-26 13:20 | Report Abuse
COD (commercial operation date) of unit 1 was Nov 27-2015. However, a couple days later the plant stopped due to "non-stablized unit". We need explanation on how can a non-stablized machine or power plant achieve COD. Is COD supposed to be the final stage before commercial operation?
2016-01-13 18:13 | Report Abuse
Go to Facebook and search for rkm powergen, you will see a lot of posting.
2016-01-13 13:32 | Report Abuse
Unit #1 achieved syn in early Aug, commission late Oct, COD late Nov, still not stable.
Unit #2 achieved syn in early Jan. Look like planned commission date of March for unit #2 will be pushed out.
2016-01-11 13:42 | Report Abuse
Mudajaya didn't announce the COD date of unit 1 because it was not stable. However, Mudajaya has years of experience in power plant, I believe the technical issue can be resolved soon.
2016-01-02 08:02 | Report Abuse
Don't risk your hard earn money on this type of company.
2015-11-26 06:50 | Report Abuse
Price is reasonable compared to its earning in last 3q unless something drastic happened like johotin case in q4.
2015-11-25 18:26 | Report Abuse
Eps should be ~ 0.54 in 2015. PE = 4.2/0.54 = 8.0
2015-11-24 19:38 | Report Abuse
Going to sink sooner than later. Good luck.
Stock: [UWC]: UWC BERHAD
2020-12-14 09:20 | Report Abuse
TSMC, the world #1 wafer fab, has a PE of ~30. UWC is 2x better than TSMC.