EPF starts buying from MrX?

No news is good news...

POS keep going up further.....

Mr X wants more!!!

Tariff hike ka

Just notice that POS Malaysia share price take off from 1.52 the same day as the new charges take effect i.e 01/07/2019

A good news I suppose...

From POS’s FB Page.

The changes of rates based on chages of zone by below :

Zone 1 : within klang Valley
Zone 2 : Between-State (Peninsular)
Zone 3 : Within-State (Peninsular / Sabah & Sarawak)
Zone 4 : Peninsular Malaysia to Sabah/Sarawak
Zone 5 :Sabah/Sarawak to Peninsular Malaysia
Sarawak ↔ Sabah

You may check the postage charges by link below.

https://pos.com.my/postal-services/quick-access/?calculate-postage

Refuse to go down. Good.

Mr X wants more!!

Hahaha.... indeed we are part of it.

But by the volume that POS has been trading since last month..... there is a powerful ‘hidden’ force in this counter at this moment

Epf sold a lot of shares at low price to Mr X....

On the way up, Epf use members money to buy back from the market, including from Mr X....

Mr X sure win big money in this case....

Big Question: Who is Mr X??

Last financial year loss but still can give dividend 4 sen per share....
Dumb dumb hold !

https://youtu.be/mRcp8dLa0_A

I saw a recent interview of POS Head of Operation in TV.

He said this year 3 weeks into the fasting month, they have processed 8.2 million parcels. Last year, throughout the whole fasting month (4 weeks), the already processed 6.9 million parcels delivery.

YoY growth is about 20%. Impressive.

Now, he also mentioned that the parcel delivery to rural areas has noticably increase this year as more people buy online.

POS covers the most area in Malaysia and POS is king in last mile delivery especially to rural areas.

IPC 1 expansion in Shah Alam completed. Parcel handling capacity more than doubled to 300,000 per day.

In 2 months time, IPC in KLIA will be completed. Handling capacity increase further to 500,000 per day.

Postal tariff hike around the corner. Ecommerce & DFTZ on the cusp of exponential growth. Market leader for logistics in Malaysia.

Price at rock bottom low. Look at 10 year chart. Price ranging around RM1.20 to around RM 6.00 over several cycles. Current price at low end of the range. No brainer....close eye buy and keep for long term. Multibagger in the making!!

https://klgadgetguy.com/2019/06/20/shopee-launches-an-express-delivery-service-shopee24-and-its-7-7-orange-madness-campaign/

1.22 lowest this cycle?

The future of ecommerce is bright.

https://www.google.com.my/amp/s/amp.scmp.com/property/hong-kong-china/article/3012849/blackstone-buys-logistics-assets-singapores-glp-record

Ecommerce expanding at double digit growth.
POS IPC expansion at Shah Alam and Sepang (completing soon) will double their handling capacity.
POS is definitely a market leader in this segment.

After kitchen sinking quarter, can expect brighter days ahead. At this price, almost buying at the bottom of the price cycle.

What a bargain to consider for a long term investment. Tightly held by intstitution with less than 20% free float

Buy for longterm. Almost at historical low since listing

Still steady

Quietly up

Very fast PP application and approval. Good.

Interesting to note that in March 2019, AffinHwang TP for Jaks is 90 sen.

In April 2019, AffinHwang increase TP for Jaks to 1.00 even after the proposed PP citing benefit of lower execution override dilution effect.

And based on AffinHwang projection, EPS for 2019, 2020,2021 are 16.9 sen, 19.7 sen , 20.7 sen.

PER less than 5. Interesting!! Lower execution risk is key as the construction progress is at rapid pace now.

Have faith and good luck all!!

Wahh... really impressive construction progress vs last status. Really follows S-curve.

At this rate, looks like handover date can be earlier for phase 1 and 2. I think, CPECC most likely underpromised, but will over deliver.

88 closing. Nice number!!

More to come!!!

Slow and steady climb.....the fast and furious phase is just around the corner!!!

Jaks is climbing wall of fear. Steady!!

Today Jaks further up regardless. Break 83 with high volume!!!

If tomorrow Jaks can break 83 sen with huge volume, that would be great!!!!

Promising

Hope Jaks find support at 73 sen level.

Barakah got MCM for 5 years from 5 different conpanies:

1. Hess
2. Enquest
3. Petrofac
4. IPC (formerly Lundin)
5. Sapura

All these big companies awarded to Barakah buta2 ka? No check on the company financial background ka? Cannot be all 5 buta2 make mistake right.

At 60 sen maybe got risk. But at 12 sen, most likely priced in already. Maybe.

Good article dk66. You are right, fundamentally not much has changed. In fact, it is getting better and better. Tailwind will only get stronger and stronger.

Jaks..... almost every other day got progress update on CPECC website.

CPECC is professional and transparent. Jaks has a good and proven partner in this JV.

Share price only in the warm up phase at the moment.......the euphoric phase is yet to come....

I am positive maybe it will happen towards end quarter of this year....nevermind the waiting....because I believe it is really worth it!!

Slow and steady!!

John_Lee. Maybe it was pure luck. Glad to join Jaks bandwagon.

Jaks if break 64 and hold at 64 and above would be very nice. Cup and handle formation maybe!!

Ok Ricky Kiat. Will treat icon8888 and dk66 for their sharing on Jaks.

Multibagger in the making!!

DK66, basically you lay out all the facts on the table. Granted with some unknown unknowns especially the IPP terms. But comparison of similar project in Vietnam has provide further insight on how lucrative this power plant could be.

If Jaks were to construct the power plant alone, I will stay away from this counter. But with a reputable partner with vast experience in design and construction, I am convinced to invest. Plus we can regularly check the progress based on updates on CPECC website.

It is true as you suggested one could wait for the actual revenue and profit figure after power plant completion, but you could miss a big gain. After all stock market is forward looking and at this price, its risk reward suits my appetite.

Thanks newbie8080, though I hope and believe that it may not happen

I have spent a great deal of time reading about Jaks (KYY& icon8888 blogs, dk66, david_tan etc).

And come out convinced that Jaks is a potential multibagger stock in the making. Jewel in the crown is the Hai Duong power plant. And as time passes, it is getting better and better as it is nearing completion.

With the kitchen sinking exercise in the last quarter done, looks like the the headwind is cleared and tailwind will get stronger.

I have decided to invest in Jaks last Friday at 57 sen and ready to ride it for long term.

Hibiscus added into MSCI Small Cap Index. Effective date: 30/11/2018

"They (MMC-Gamuda JV) are the only one who seem to have the experience. I think they stand a good chance to win the project," Mahathir said.

He said the project should be awarded to local companies to further enhance the engineering capabilities of these companies.

:)

http://m.thesundaily.my/node/77350

Old story..... but the same Tun.

We have to bear in mind that Sapura had done a few asset (reserves and equipments) impairments in the past mainly due to low oil price and low utilization.

Given the recovery and more importantly stability in oil price, this can be reverse in the future. Though impairments are non-cash items, reverse impairments will certainly increase its NTA. So if we apply the same discount factor (0.3/0.5/0.7), the fair value of its share will also increase.

The question we should ask ourselves is:

1) do we believe the recovery in oil price after 4 years of slump
2) do we believe more spending from oil majors with this higher oil price
3) do we believe Sapura has what it takes to seize the opportunity by winning more contracts

If our answers is yes, then invest and ride on its uptrend. My personal view is, based on recent increase in orderbook (i.e 250% more than the same perion (Feb-June 2017)), it ticks all the three boxes above.

Anyway, work on SK408 Phase 1 is in progress as we speak. And its production date is getting closer. By then, Sapura shall be producing 25k-30k boepd which is about 2.5x bigger than current production.

Most analysts have forecasted weak numbers for this quarter. Hence, my guess is the price action may not be significant if it is within their expectation.

Positive factors that should be a plus in this quarter is higher oil price, B15 gas field contribution and interest saving from previous asset impairment.

https://www.investopedia.com/articles/technical/04/050504.asp

Identify which phase of the cycle we are in for oil and gas now.
I believe the Mark Down phase is over. That is when oil crash from mid 2014-early 2016.

We could well still in the accummulation phase. The phrase “worst is over” often heard in the media. Even TS Shahril mentioned it in the weekly magazine 3 months ago. It may take some time to complete.

But what interesting is what comes after that. The ‘Marked Up’ phase. When that will happen is anyones guess. Good luck all!

I suppose this is a good news. This is not just a normal company. It is a beast waiting to unleash its potential.

Expecting more good news coming up from Middle East (Qatar) soon.

Results good or bad, no one really knows. Unless, you are one of ‘them’. Regardless, here are some facts worth considering:

1) TS Shahril has declared worst is over in Focus weekly

2) No impairment in FY 2019

3) Maybank estimated savings of RM 160 mil annually from previous impairment exercise

4) Crude is relatively stable above USD 60 (Brent). Every 1 dollar increase will contribute RM 21 mil to bottomline based on current Sapura production rate

5) Production rate will increase by 2.5 times (i.e 25000 boepd) once Gorek, Larak & Bakong start production end 2019/early 2020. Work in progress as we speak

6) Share price currently trading at merely 0.22 time sum of parts of RM 2.76 (AmInvestment figure). Steep discount compared to MHB (0.5x) and Armada (0.9x)

7) Encouraging contract wins YTD (around RM 3 bil). Expected more to come from India and Qatar (Upstreamonline)

8) world crude oil stock is at lower end vs oversupply prior to 2014 crash. Significant production decline worldwide (esp Venezuela) and Iran sanction to put further pressure on supply.

9) oil cycle has been down for almost 4 years. We should expect the next upcycle is around the corner and capex spending by oil majors to start again after witnessing stable oil price (Repsol has already increase upstream capex by USD 9bil)

10) last but not least, you are buying a market leader in oil and gas industry, not only in Malaysia but worlwide. Sapura is benchmarked against the likes of McDermott (US), Saipem (Italy), TechnipFMC with proven expertise and track record.

Based on the above, I think this counter is worth investing for medium to long term play. Good luck all!!

Interesting

Uptrend counter at the moment....

Higher highs, higher lows....

Perhaps the following contract awards to fuel SAPNRG beyond RM 1:

http://www.petrowatch.com/synopsis.php?artId=16848&w=1

http://www.upstreamonline.com/hardcopy/1491803/sapura-leads-chase-for-ongc-pipeline-prize

Total contract value: more than USD 300 mil / RM 1.2 bil

Record breaking volume again... with 26% up

Oil price also UP..... and perceived as Tun M friendly stock.

This counter may see change of fortune !!!

This counter is getting lighter....

Not much volume needed to gain 7 sen, compared to last few months.....
Selldown for the past few days also done with diminishing volume.....

Looks like in an uptrend at the moment (higher highs, higher lows).....
Hopefully bullish engulfing pattern today confirms the reversal to target higher highs...

All the best to all!