Bro Lee.. i wonder where is the "noob" boy called optimusx888..?

Optimusx - "Oversupply" is a statement from Petronas which i will not comment. I'm commenting on the your fact about the company which are grossly wrong - old boats, declining rates n losses.

At current market cap of about rm413m & and estimated proceeds of 398m from disposal of highway, better take math/finance classes before make your sell call in public

Optimusx8888, u certainly need to get the fact right before u open your mouth. Research more about Jasa before u talk :

- youngest fleet in the country with avr age of 4 years
- most of its vessels secured contract till 2016-2018
- Major portion of revenue derived from large fleet which less affected by charter rate
- understand more on accounting policy of each OSV player in Malaysia, debt structure & cash flow generating capability of OSV player.

tomorrow price double

agree with sklyte analysis. MIB research analyst too conservative. just study assumptions used on DCF. u'll understand why

Connie, silk is undervalued counter. my low case valuation value it at least rm1.2bn. you have to understand that the co has 480m share o/s + 160m extra shares to be issued upon conversion of the rcps. hence value shld be abt rm1.80/1.90 per share.

for silk u need to look at EBITDA numbers and not just PE multiple. Invest in silk is akin to LBO type of investment where enjoy significant capital appreciation. atm it has abt 1.6bn debt and market cap of 0.35bn.

sos finance , looks like dont need to wait 2 years :p

lol, bro lee using both now :D to improve my entry/exit point

v.bullish formation in the making..once handle is completed & break 725, price to shot higher

RTO valued symphony shares at 0.15. assuming 20% premium, should only trade max at 0.18.

At current price, investors paid 63% premium to gain access to RES.

Is this sustainable? only symphny kakis have the ans..

FA - Fail

TA? - see skyhawk post above

somebody will get burnt sooner or later.

this is complete scam counter..even at this price & current market cap of rm14m valuation still not justified..high p/nta and negative CFO

one question, will the emergence of mobile payment pose a threat to GHL business model?

Wow Alex, never give up on your argument on KNM.In distressed company analysis, you need to focus beyond earnings.

At its current valuation, KNM is trading about half of its book value. KNM Borsig (RM1.7bn) alone is much more valuable than KNM group as a whole. KNM trade at low valuation previously due to its South America Business as well as market concern on its ability to meet its debt obligation.

With recent corporate (disposal of loss making subsidiaries, debt restructuring exercise), bright potential to secure significant pie of RAPID project, recovery in European & US economy, can't see any reason not to be bullish on its prospect.

Despite being a Malaysian Co and Malaysia revenue only make up abt 7% of its total revenue. With Petronas large CAPEX spending in its petrochemical hub, this number will improve significant over the coming years to come.

Certainly to identify "fundamental" needs deeper analysis or else we just make ourselves look like a fool.

cheers!

Yup bro Lee :)). r u on board too?

Hi Connie, KNM has long way to go, don't worry :).

most likely will be PP instead of right issue

whats ur tp bro CT?

alex, just do further research. just figure out the value of KNM Borsig and compare to the value of KNM group to understand better

calvin, whats ur view on proposed jv? seems to be delayed few times..agreed with u on the huge potential

excellent analysis! shld be able to fetch 1bn valuation but need to restructure debt la..dunno why mgmt so slow! shld get dana jamin guarantee n cut finance costs by 150 basis point

yeap co may hv going concern issue soon..hands are tied with limited option

MMODE :)

seph loves swing trade..hehe, i joint your boat :D

connie- from my observation of these two weeks..not much seller when it hit 61sen..need panic selling then can hit lower,

silky getting active again..hard to catch lo..

calvin, thanks for excellent analysis. whats ur view in the event the jv with black sea fall off & amanah raya n rhb demand payment? auction of their assets or bankruptcy filing?

bro skyhawk, is w3 possible w/o any catalyst/ news? btw how to join ur club :)

skyhawk- silkair arrive tomorrow/nxt monday?

Thank you Mr OTB!

hello Connie. u are welcome. like your thread :D

silky toll rate still 1.30. exp traffic volume fy2014 70m & exp revised rate 1.80. any extra straight to bottom line. GHL- watch out for placement, CRADLE only paid 46 sen late last yr.

OTB, is KNM also forming Cup & handle formation? tq

sosfinance is the analyst above loh..read his comment. expct q3 to show effect on toll compensation & jv acq.

sos finance- dun think need to wait 2-3 years loh. max 1 yr :)

chill, its normal to have a dip during vessel dry dock. worse still due to aggressive depreciation policy

hello Jacky, long time no see :D

skyhawk, what's happening to sexy lady??? u boarded the flight dy :D

Hi connie... think abt destination u wanna go :D

next week

http://eas.taonline.com.my/research/dco/ipo_5078_031217.pdf

bro lee..worth looking at history sometimes :D

bro CT, 53c is the golden point :D dont miss the chance..bro lee..lol, ok2 ..seems like many are short term traders here..not sure whether there is value in doing it or not..

bro lee.. enter now will be turtle ride i think, hehe..

skyhawk..q2 results? the lady meet u? :D

sleep dy. wake up 3 month later, hehe

the beauty will appear n disappear quickly..need sharp radar..hehehe!

skyhawk.. 53 to meet sexy lady :D

skyhawk, can chiong in?

means uncertain..wayang kulit not over :D

weird, someone collecting? bro lee/sky?