https://theedgemalaysia.com/node/732512
KKR exploring investment in Thames Water share plan — report

Very likely the final determination price from Ofwat is going to be supportive to avoid a financial collapse. New gov can't afford to make this mistake at this point.

https://www.cnbc.com/2024/07/11/britains-largest-water-utility-grapples-with-15-billion-debt-pile.html

@dragon, what's your take on this event.

This is Insas forum.if u wanna talk about other counters, pls bring it elsewhere

https://theedgemalaysia.com/node/713184

Even so called expert analyst get it wrong very often. So don't condemn anyone personally here. Only condemn those who talk rubbish and waste our time reading it.

This forum is about stock investment and sharing of bullish and bearish opinions. If everyone is neutral, then better close down this forum or go elsewhere.

1Q slow a bit already panic ka. Like that means you are a speculator, not an investor.

The spike in glove stocks is short term due to increased tariffs for gloves imported from China into US. The key question is whether the demand will outstrip supply anytime soon.

What can TKO of theEdge do to control Insas. What are his best options?

Floodgate of lawsuits waiting..

Smart investors must know how to separate the wheat from the chaff. Price is what you pay, value is what you get.

Asset stripping. Cash from assets sold will be used to buy crap companies.

The subsea cable from Sarawak to SG announced recently probably is a tie-up with SingTel

Dragon328, what's your take on this latest development.

https://www.businesstimes.com.sg/companies-markets/singtel-partners-nvidia-under-new-direction-build-new-green-ai-ready-data-centres

Double digit DROP in production MoM😱😰😰

https://klse.i3investor.com/web/announcement/detail/1835575

Flushing the weak holders, before moving up to 4.20

Accumulation for next push to 3.80

Profit taking well absorbed

No moderator in this forum? 😡

Another possible reason why most local research houses give lower valuations is to be conservative in their target price so they wouldn't be blamed if next few quarter results doesn't reach their expectations. Means play safe and be prudent, then upgrade again if next q results meet expectations. This way they won't run the risk of being too far off and put their reputation on the line.

Wait for our in-house expert, @dragon328, to present his views. 😁

Any announcement on the married deal, who is the buyer and seller?

What's your take on this @Dragon.

https://theedgemalaysia.com/node/681477

Thx Dragon328 for the detailed research past 2 years. You seem to understand YTLP biz better than most analysts.

CIMB projection for FY2024 is conservative. Analysts will always try not to overshoot or undershoot in their projections to minimize the impact if they get it wrong.

4 years ago impairment charges about 1.6b due to Kraken downtime. What about this time?

No doubt looks like a quality company but selling at 50x 2023 earnings? There are many quality companies in Bursa selling at below 15 forward PE.

Dead cat bounce. Beware!!

Don't ask how much lower can it go. Whether u put in $1k , 10k or 100k now, if it goes to down to zero and delisted, u lose everything.

How do you value a company like SD where almost all the accounting figures are cooked? No way. Only speculators would buy their shares now.

Karim will let this drag for as long as possible.

Opportunity to accumulate.

BDI went down as fast just as fast as it went up to 5,500..healthy correction.
I hope it can find support at 3,800 level which i think is still very profitable for Maybulk.

Some of iCap large stock holdings include KGB, SAM, PADINI...all selling above 30 P/E. Justified?

Anyway, i'm in it for the long haul.

Q3 should indicate how resilient they are with partial lockdown in Vietnam and Malaysia.

@dragon308, I hope you are right.

Anyway, i'm a supporter of Maybulk now as a cyclical play.

ltlim74 @SharonChong, if you started investing long enuf, u should remember what happened to Transmile. Robert Kuok as a major shareholder does not guarantee success. He has hundreds of companies worldwide to take care of, and mostly delegated to his chief lieutenant. Do you think he can oversee all companies equally?

So if cash balance increased, why need to take more short-term borrowings?

The short-term borrowings of RM255m is a big concern.

"A wholly-owned subsidiary of the Company, has on 21 June 2021 entered into a share purchase agreement to acquire the remaining 50% equity interest in Novel Bright Assets Limited (NBAL), for a total consideration of approximately RM400. Following the acquisition, NBAL is deemed as a wholly-owned subsidiary."

Can someone shed some light about this statement in Maybulk Q2 report?

MBC went thru hell in 2008 when BDI tanked from USD10k to below 1k..and they just barely make it thru. This time around, the management have a reason to believe that the BDI increase will not be sustainable no matter what the analyst predict. Hence, they are taking a prudent approach to sell off 2 supramax vessel at good price to get rid of their debts, and wait for the tide to swing south.