@ Icon8888

Yup. It's more accurate to reflect actual earnings without the negative goodwill.

@OrlandoOIL

What happen to you???

Good opportunity to purchase on weaknesses.

@ Icon8888

I'm not sure why you felt this negative goodwill is BAD.
Negative goodwill is good sign that the company managed to get a good deal on asset that is greater than what the company paid for.
The difference between the 2 value is called negative goodwill.

That's why the company published the result of the crude oil reserves much earlier.

Do you agree?

It's been a long time since the last bonus issue.
Finally, have some rewards.

Wow, impressive run up.
Going for Rm4 soon.

But definitely not like some people here shouting net profit ex good will for 2018/2019 to be more than RM200mil.

I'm still putting net profit ex goodwill for 2018/2018 to around RM100mil and up to RM125mil for most optimistic computation.

There's negative goodwill.
Net profit did improve to reflect North Sabah PSC.
Nothing to shout!!!

QR result should be very good. But the share price still have legs to go further?

QR should be out soon.
Let's see.

Now I know why people say when KYY check in, you better check out.

This mornings gain disappeared.

@ Pmaster

This counter was a buy chip with RM20 billion market capitalisation.
Mismanagement, heavy debts and plunging crude oil price the last few years have put into mid cap category.

@ Betkaukau

You're right. I belive RM0.30 and below is good opportunity but with the same management, I have doubts.
I agree with Pmaster to go for other blue chips counter and is much safer bet.

Best of all if anyone here pour money in through the right issue and after few more years, the company declare bankruptcy.

I recalled someone here assaying at RM10 is very expensive.
Should be worth only RM7.

Company make heavy losses for a few quarter
CEO making super high salary
Now asking shareholder to pour money
I think it's an unethical company.
Maybe some of you here disagree with me.

Lol, so many types of expectation in just this one page.

WOw, next Harta?

Reminds me of Renong Berhad.
Relying on shareholders to payoff debt.
Failed move and finally bankrupt.

Someone is absorbing all the heavy selldown.
Suspect is KWAP.

Limit down today!!!

Wow!!!!!!
The rights issue amount raised is larger than it's market capitalisation.


http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=89100&name=EA_GA_ATTACHMENTS

@ derrtan

It's not desperate sellers.
Looking at the volume it generates, it's more likely to be day traders or short term traders(contra traders), buying for a few cents of gain.
They need to offload as soon as possible after every trade.

@ teoct

Appreciate your effort.
Though my opinion, this counter is currently trading at fair value instead. Many(in I3 forum) had forecast net profit(ex-goodwill) to be between RM180mil and RM300 mil for 2018/2019.
But I personally think that it's too optimistic and I only forecast net profit (ex-goodwill) around RM100 mil for 2018/2019.
Even in my most optimistic calculation is around RM125 mil.
I'm probably wrong since so many had question my calculation method.

KYY is now into Lionind

https://klse.i3investor.com/blogs/koonyewyinblog/170808.jsp


Seems he will normally write up when the share already move up more than 30%, then ask you guys to buy.

The next 5 biz days will be critical for Hibiscus.
If it manage to stay above rm1 for the next few days, it should be a good sign for the next breakout.

@ Sinoboy

What recession or depression?
The big 4 economies(US, China, Japan & Europe) of the world are doing well.
Exception for Donald Duck intervention.

Those who collected earlier when the share price was below RM9 would have made a handsome profit.

@ Nikmon

Bursa allow for shareholders to file in within 3-5 working days later.
Anyway, he's already selling down all the way, why bother to know when is the next batch of selling.

@ i3lurker

Is there any news from Bursa announcement on the restriction of dividend?
Or is this just your own thoughts?

@ valuelurker

Then make sure that you buy in lots of it and hold tight till it achieve it.

If iflix is a success , need to go backdoor?

Yeah...finally close above rm1.
Cheers!

All the roadblock caused by people buying in at rm1 and selling at rm1.03

Wow, very strong rally.
Going for rm2 ??

Many people here in I3 are day traders and speculating over rumours and tips from someone.
In fact, 70% of these people never really make money or make losses.

Very rarely to meet people here holding shares for investment greater than 1 year.

There's rich billionaires who are investors but none are day traders. This proves the statistics.

Today after 5pm should received the result of the Singapore court hearing.
Hopefully, no more postponing.

Can't compare like that.

Apple must compare with Xiaomi.

Vitrox compare with Penta, MI,etc

Facebook compare with LINE and Tencent(parent company for wechat)

Amazon with Alibaba, JD.Com, Lazada,etc

Nvidia with Intel,Inari,etc

It's time to close above rm1.

When declaring dividend?
Waited for a long time already.

Yeah, above RM1 very soon.

@ Jon Choivo

I believe no one can prove anything as running a power plant differs from another. No one can provide exact computation for that matter.

But, I do believe that the expense or overhead cost that you mentioned would definitely would not exceed the entire revenue of USD515 mil which I computed earlier.

In addition, the depreciation you mentioned is normally amortised through the BOT period which in this case more than 20 years. Not a big figure as you expected.

Actually, YTL POWER figures in year 2000 are better than Malakoff calculation when the power plant with 1,212 MW (Paka & pasir gudang) was used for calculation.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/3992717

@ Jon Chiovo

Correct me if I'm wrong.
Not sure how Malakoff compute the RM1.3 bil before interest. SOme variables are different between the power plant in Vietnam and Malakoff's.

If based on a simple and conservative calculation,
1,200MW would generate approximately USD515 mil profit before expense

Breakdown
----------
1,200MW= 1,200,000 (kW)
Estimate rate charge= USD0.07 kWH
Assume only 70% utilisation

1,200,000 X 0.7 X 24hrs X USD0.07 X 365 days
= USD515,000,000 (rounded figure)

Anyone read this?

https://klse.i3investor.com/blogs/PilosopoCapital/170711.jsp

Almost reach rm1.

Supermax already rally 100% this year.
Time to take a break.

Maybe Melaka gateway is under private initiatives. Nothing to do with government.
Consider as 100% direct foreign investment.

EPF, KWAP and Thong as major shareholder had been slowly disposing.

Some people commented that Thong's selling as to exercise option and selling them to fund Insas.

My question is if Inari will be a fantastic company in the next 5 year and onwards due to good prospect with Broadcom, plus if the share price were to gain 200%-300% by then, why would they, 3 major shareholders want to sell now.

Wait for month end hearing result in Singapore.
TG filed a fresh Mareva application to freeze the assets of Adventa Capital and to be heard on Sept 20.

Long journey to this court issue.

@calvintaneng

KYY & wife still have more than 100 mil to dispose.
Long way to go.

Lol.
Who is your cousin?