Political linked stock

Will rebound back after GE14 if BN remains

EPF selling this counter like no tomorrow

This counter started off with putting government services online where margins are impressive.
Now the company had started putting huge capex into foreign worker hostel accommodation.


Disappointing!

Founder Nathan to pare down stake in Eversendai

https://themalaysianreserve.com/2018/04/23/founder-nathan-to-pare-down-stake-in-eversendai/

Accumulate on weakness.

Buy on weakness

Wonderful rebound!

Waiting for 0.16

Ending TOLLS means bad for TOLL owners.
You will know more once the result of GE14 is out.

@limen12

Toll free means ZERO TOLL.

The Government has the right to end a toll concession and probably pay minimal compensation.
After all, everyone knows our PM has that absolute POWER to do as he please.

Accumulate more on weakness.

@kenlee

Pushing up FGV gives them more profit if they disposed them.

@kenlee

I believed you are wrong. Felda settlers hold shares of FGV allocated to them.

Refer to recent article:
https://www.thestar.com.my/business/business-news/2017/07/31/settlers-have-recovered-costs/

0.40 looks good to buy

Great rebound from 0.40 to 0.79.
Impressive!!

Easier to short sell.

Inari was trading at RM0.52 (incl bonus issues & right issues)

Latest news from TSMC regarding Apple and other phone makers that orders for its parts contracted more than 10%.

Inari is also one of the beneficiaries of Apple growth story.

With demand slowing down and USD/MYR downtrend, it's double whammy for INARI.

TO prove this theory, try recall in 2009 where USD/MYR=3.3 and Apple launched it's 1st Iphone. Since then, INARI follows the success story of Apple.

This counter is linked to IWCITY movement.

Even though it's fundamentally better and undervalued, it still tracks IWCITY downtrend.

Its a sad case.

It may get worse as BN is trying to abolish tolls. Looks like it may have the power to do so if it wins GE14 with 2/3 majority

Finally, the North Korean yielded.
If they open their economy to allow foreign investment, it may indirectly force China to do so.

Today is all about money and economy, war is the thing of the past.

Pending awards for the HSR and ERCL sub con.

Next stop RM0.72.

@funda

Do you have the link for HLB valuation of PUC @ RM0.50?

Interested to know their comments.

How does PUC finance the purchase of 11 Street for RM90mil?

Since it just purchase Picture Works for RM52 mil.

PUC annual revenue is less than RM50 mil and loss making, only minimal cash at hand.

Looks like may be another private placement or rights issue

Previously private placement at RM0.14, significant below the current stock price of RM0.26

Looks good with the acquisition of 11Street Malaysia.

Accumulate on weaknesses.

http://www.klsescreener.com/v2/news/view/368941

@DK66
I can really feel the heat from you already. Haha.

With all due respect to you, I'm only commenting based on my opinion.

By the way, I do agree with you that J@K$ is one of the smallest company bidding for BOT power plant in Vietnam and is definitely a game changer.

Hopefully, you do invest substantially in this counter in view of your very positive and optimistic support for this counter.

I wish you all the best.

Push harder.....reaching rm1 soon.

RM0.90 is coming

Many planning to re-enter or top-up

For the power station in Vietnam, Japan's Marubeni and Korea Electric Power secured the US$1.87 billion from the financing consortium, according to Thomson Reuters Project Finance International.



http://www.straitstimes.com/asia/se-asia/dbs-and-ocbc-among-lenders-of-245-billion-for-vietnam-coal-power-plant

Wait for correction only re-enter

@wetmarket

I really wish that will come true.

@DK66

I'm not interested in J@k$ as a counter, but rather fascinated with the followers of this blog and KYY as a shareholder.

I wouldn't say its negative, probably cautious. If you noticed, the counter in terms of fundamental and technical, it's not doing well recently.
Doesn't take a rocket scientist to figure this out.

Well, there is a positive side of it.
If the power plant is implemented and executed perfectly, it should be a great contribution to JAKS earnings. The uncertainty is definitely greater, thus the risk tied to it.

@wetmarket

I have a lot of time to spend on writing.
Should not be problem right bro?

Yup, he's average price is low.
Not sure how long he will keep purchasing.

@wetmarket

There are many businesses that are certain.

I can quote you a few companies with their biz.
Eg: Coca Cola & Pepsi(drink), Gillette(shavers) , Microsoft(Windows, Office)

Seems like it really benefits from the US sanction on Russian steel industry.

Any idea where this stock is heading?
Towards 0.80 or 1?

This counter used to be a RM8 billion market capitsalisation.

Looks like game over.

@wetmarket

The topics are interesting in both the counters.
We share ideas and comments here.

I have yet to explore other topics.

@DK66

Maybe. Future are something no one can control.
Don't be too optimistic as running a power plant involve heavy capex.

Take a case study of Tanjong Bin Energy by Malakoff which had just completed recently.
High coal prices partly affected the power plant's profitability.
The power plant also had occasional outages due to technical issue.

After 2028 only profitable.

KYY will be 95 years old to see it break even.

HANOI: Infrastructure firm Jaks Resources Bhd expects its US$1.87 billion (RM7.49 billion) power plant project in Vietnam to break even in eight years, generating an internal rate of return of 12%.


http://www.theedgemarkets.com/article/jaks-eyes-break-even-vietnam-project-eight-years

@TrippleZ

Please push to RM3.


Haha....hopeful that you have RM200 mil to push

@ Lim Tek Wai

Please push harder..haha

Not sure if KYY noticed that power plant biz not doing well.

Look at MALAKOFF (7 power plants)

Look at YTL POWER (3 power plants)

Both share trading at 52-week low.

@Goldchia MH

KYY is 85 year old this year.

I don' think he can wait another 3 years.

Tomaso Andreatta, vice chairman of the European Chamber of Commerce (EuroCham) in Vietnam, said at an international conference on clean energy in Asia last month that Vietnam should gradually stop the construction of new coal-fired power plants to avoid an increase in greenhouse gas emissions and environmental pollution levels, according to the Vietnam Investment Review newspaper.

“Many nations have stopped using coal for operating their power plants because of concerns over the environmental risks," the newspaper quoted Andreatta as saying. "Vietnam should follow suit.”

Investors from countries with strict pollution limits are designing, financing and/or constructing coal-fired power plants in Vietnam with technological specifications that are not acceptable in their home countries, said Koos Neefjes, former policy advisor of United Nations Development Program in Vietnam.

Air pollution from coal-fired power plants at a national scale is also rising significantly.

If all coal-fired power plants proposed under the government’s masterplan for power development were to be built by 2030, premature deaths caused by emissions from coal-fired power plants in Vietnam would raise from an estimated 4,263 in 2011 to 25,402 in 2030, according to the UNDP report.

Lol, now is only 1.47.

@wkl318

Too many variables to determine the future earnings.

Too many external factors that can derail the power plants earnings.
Eg: Currency, Vietnam's economy growth, PPA amendment, main contractors financial strength, etc