wow day range 0.255 to 0.505... and close at 0.34, what a swing... not for the light hearted, i bet it rebounds tomorrow.... yeee haaa, and then down again

bloody hell..... 4.53 freakin cheap, with pe of 16 ... hmmmm

this jamal CEO guys is a baffling case..... after IPO he shd be a multi millionaire already, samore with IPO priced so high... what could he be possibly doing that has MACC on his back, and why sell his shares.... why the urgency for money while you are heading a company with hundreds of millions in book order and seem to be a petronas darling and backed up by Ekuinas (national bumi investment arm) ???

interesting.... and the theory being?

to answer charles munger's question..... Coz God chose me :-) heeee

i wonder if the MACC remand (first of its kind i think for corporate leaders) has links to the persistent selling by the CEO... and also other directors? The CEO seems to know something that we dont (which is quite obvious)... even if MACC clears them, the question of the selloff still needs an answer. Share is trading at 8.24 PE... very attractive.

this is totally new by MACC.... catching CEO and COO one shot, and then having them in remand !!! what does that do to company shareholders? Whats SC doing?

no deal !!! what the....

thx for the advise @jasonor and @Equityengineer.... will place order (little order) at 68c or low of tomorrow's trade.... may the force be with us...

should i wait for the 4 weeks low of 68c to buy? would really like some advise... cheers and happy chap go mei :-)

is 1.06 a good buy? Since there are many buy calls and lowest 12 mths is 0.98...

plot thickens.... as owner resigns from board

OTB... welldone, i dont believe i have any of your recommended stocks.... time to change sifu :-)

not bad... report comes out at 2:08pm and share price hike at same time... from flat 76c to 80c... :-) power of information or is it?

seriously under valued counter.... looking at the TTM results and sept 2014 cumm results... trading at PE of 3.62 only!!!... hmmmm

ratio is 666 : 1... the number of the beast > so im staying away ...LOL

BNM keeps strict tabs on taking positions on RM and all banks are to report RM positions to BNM on a daily basis, therefore I dont think the story is true...Furthermore RM is a closed currency, meaning is not traded outside malaysia which also makes it impossible to manipulate unles its done under BNM's supervision... so again until there is clear proof, its unfounded. Just my opinion.

For Part B - there are 2 types of return that can be calculated, namely either time weighted or money weighted return, each will carry different rate of return. I guess you can calculate this yourself using results of part A...

Part A ; equity return (let's assume 10% interest p.a. on borrowing):-
Return = Next Cash in hand (after debt repayment)/ Cash outlay
= (13,000 - 9,000 - 900) / 1000 = 310%

"On June 25, Icon made its Main Market debut at RM2.10, which was a 13.5% premium to its initial public offering (IPO) reference price of RM1.85. The company raised RM1.09bn via the listing."... today icon is at one third of its debut price.... how can there be such a delta in the valuation ??? Ekuinas (who put this deal thru) is a hopeless national equity company and its stand of 100% bumiputra makes it confirmed to be doomed....

earning per share cummulative period up to Sept 2014 is 11 cents per share (not even full year), while share trading at 61 cents.... thats just super undervalued position from a P/E standpoint.

icon.... buy icon :-)

wow can buy facebook :-) for 19 cents

mngt shd request for suspension .... pending "announcement of material information"... half of which we already know. I think institutional players will make the biggest dent as compared to retail players... good time for long time players to pick up cheap sale

trading below naps.... can only mean there are adverse expectation coming up... coupled by the fact that the CEO sold shares, but good news is that tabung haji seems to be acumulating

thx logitrader :-)

so is the privatisation news confirmed? AK will probably buy it cheap at average 2 weeks price.... still does not compensate those who have held armada for longer periods. So do one invest here or pick up other more fundamentally sound companies that are undervalued?

in economics.... recession and inflation is easily explained, as in decrease in aggregate demand and increase in aggregate demand... but when aggregate supply changes (supply shocks), thats when havoc happens.... as in now, an decrease in aggregate supply (ie. increase in wages, or sharp increase in input prices) this we call as stagflation.... but today we have decrease in energy price, therefore aggregate supply curve shifts right.... for this there is little remedy, but for aggregate demand to retreat in order to reduce prices further, and bring market to equilibrium... but will the world leaders see this and make the right adjustments is yet to be seen

Hi @eastlands... the day you posted asking for advise at 16c today its 23c... i think that answers your question. Warrants thrive in this type of topsy turvy market... at 23c, the breakeven KLCI is 1,726; and index now at 1,750 so punters are speculating index will further retreat...

amazing counter .... umwog, trading at 21x P/E when its peers have gone down to 10x... downside is not over yet the way i see it

we shd move towards singapore structure..... for analysts where they are incentivised by commissions from positive gains from their recommendation... especially on the short calls

Hi calvintaneng.... you are rite, ttm past earnings, therefore assuming the price stays the same, and future earnings are lower than ttm... the P/E can go even lower :-(

i guess this oil wave has sort off normalised the o&g P/Es. From an economics perspective, drop if fuel/energy prices are actually good... as it will spur economy, just need to counter think and act accordingly. Nothing's lost if we can balance our investments ... just like life :-)

flashback.... 15 May 2012, sk petro the merged entity was listed at RM2 along with cash back to shareholders... that does not seem too far away, nor is the share price. I guess the fate of local o&g counters will rely on petronas' next steps on what specific budgets will be cut

at RM1.15.... the PE ratio is at equilibrium 10.5x... similar to skpetro

finally skpetro has reached to a PE ratio of 10.9x (ttm) .... what it shd have been from start - rather than the 27, 28x

funny company..... as of June 2014, company has 868K in cash balance, over 200 million in borrowings, out of which 135 million is listed under current liabilities !!!! meaning payable within a year...... and making losses since 2008..... apa cerita here?

how can dialog be at 1.53 just beside its year low of 1.48... when its signing pengerang contracts with petronas.... am i missing something here? or is it riding the O&G downside wave...?

the only profits that I have from genting is the warrant which I think i (force to ... of course) buy at RM1.50 other than that mother share is stagnant.... somehow, i think genting mngt has a strategy to reward shareholders not thru capital gain in mother share but thru "side-door" warrants appreciation.... which they issue now then then, to "loyal" long term shareholders....

iv been holding genting since.... only god knows when, i realise the way to make money is from the warrants etc that is attached with their share restructuring.... just on the mother share alone there is little capital gain to me made from simple buy hold sell.... but rather got to look out for their free warrants that goes along with their periodic restructuring... just my 2 cents opinion

support level.... NTA at 43.5c

shocking to see the june 2014 financials. cumulative period revenue is 206m while trade receivable is 315m. Looks like all the sales in sitting unpaid under debtors... not a good sign (write-offs ...possible?), and its inevitable that the year will report a loss....

Forecast (Kenanga) : Given the short-term bearish outlook, we opt to be more conservative on ALAM’s FY15E prospects, especially in regards to the pipelay-barge prospects, where we now forecast a slight loss of RM2.0m (from a profit of RM4.8m previously). This reduces our FY15 net estimates by 5% to RM95.8m (from RM100.8m).... projecting a loss !!! whats the probability of this being true?

ah the middle class....so little have been written about this class... alas there is one and a cheerful one at that :-)

alpha... how about writing up on some blue-chips, companies like ifca within the ace market .... send me the chills :-)

hi davidtkt ... if you think the index will go up further (breakeven 1883 at your purchase cost) then based on this assumption you may want to hold on to the warrant... otherwise at current index level, the wa is worth RM0... but thats what warrant is all about.... its about future expectation rather than current level...

hi bombastic.... the breakeven formula for put; strike price - purchase price X conversion rate = 1880 - 0.16 x 667 = 1,773; at current index of 1841 the put-wa is valued at 6c (currently trading at 14.5c, premium of 141%)...

davidtkt ... index now at 1841, your fbmklci-ci strike price is 1850, so (1841-1850)/667 = -0.01.... meaning "out of money" ... your breakeven index is 1883; in order for you to be "in the money" at your purchase price of $0.05 the index need to be at 1883 and above.... cheers

does anyone know where i can get more info on this ETF?

this is a put warrant (short).... if u buy at 15 cents say, only at index price of 1,780 and below you make money ... not otherwise

wow AhMoi sir.... i stand corrected, I did not know you can easily go and get the old threads... you must teach me how.... yes im still learning, lot more to go actually... and im no expert, im even below novice ... :-)