glad to note that the only analyst with a HOLD position kenanga has upped its TP from 5.22 to 5.44..... with the following conclusion... there is light indeed at the end of tunnel :-)
Conclusion: We maintain our view that the potential significant tariff hike during Regulatory Period 2025-2030 coupled with the stabilising inflation in the UK should result in a turnaround in Wessex Water. Recall, Wessex Water’s profitability was hit by high interest cost due to the elevated policy rate in the UK on sustained high inflation. The UK registered seven months of double digit inflation between Sep 2022 and Mar 2023. It has since eased to 2% in May 2024.

amazing story .... stock that has gained 300% over the past 6 mths .... not sure if purely from potential Niise project or any other news.... cant imagine if it does not get the Niise project? will there be life outside of Niise> well.... redtone thinks so :-)

10 straight trading days of down, and lack of news..... wonder whats cookin at jentayu? surely oversold.... but compared to what? last 2 trading days volume increased a bit to 4m+ ..... is there an upside for this management owned company?

thx to the link to Adam Khoo - The great stock market shift..... more like shaft :-) @Michaelchan2024

ytlp's earnings in last quarter was almost exclusively from power generation, water and sewerage (UK operations) actually made a loss of 155m, therefore not expecting a super turnaround in the next quarter, if the loss can be reduced that will be good..... but in the long run, based on the proposal submission there is a definite turnaround plan with higher tariff and all, therefore nothing extraordinary in what was reported.... if any this drop another good change to go in :-) happy hunting

UOB KH not so positive on the potential merger...
https://www.freemalaysiatoday.com/category/highlight/2024/07/11/merger-between-ananda-krishnans-bumi-armada-and-misc-a-bridge-too-far/

end of the road i guess....
https://www.nst.com.my/business/corporate/2024/07/1074962/scomi-energy-throwing-towel

cabnet is truly a punters counter, profits last 3 qtrs hardly at RM1m and trading at current 35x PER.... all the so called positive news will only result is actual bottom line not now..... but in due course, beware if you are planning to enter now

way i see it..... genb especially and also genm to some extent are gems in the workings, just waiting its time, as the profits will surely some back, as GDP grows, china visa open thingy, and genb is trading at lowly 12x PER at current profits and profits are expected to grow surely, but question is how long the wait while other peers in construction, property and utility are moving up fast.... happy hunting :-)

wow this is uncalled for yinson..... being grouped with creative acct and bribe !!! any proof???

finally humeind getting some traction as it shd shd looking at mcement .... surprising to see that in the most recent qtr results, humeind EPS is 9.76c while mcement is only 7.72c, while former price is 3.77 while latter 5.65 ..... go figure and OTB was right

one counter that i went in and chicken out too soon :-) today it is flying like no one had even thot of..... kudos to one con.... suncon

Agjl ..... hahaha next i will ask at what ratio 50:50 :-)

1st Qtr 31 May 2024 Results
Total transaction and financing volume in the current quarter of RM1.975 billion was higher by 7.8% as
compared to preceding year corresponding quarter. The Group recorded a total revenue of RM522.259 million,
which was higher by 15.4% as compared to the preceding year corresponding quarter mainly attributable to
stronger loan and financing growth.
The Group has equity accounted for its proportionate share of losses in AEON Bank (M) Berhad during the
quarter amounting to RM11.594 million.
Profit before tax (“PBT”) for the current quarter of RM144.825 million increased by 9.8% as compared to the
preceding year corresponding quarter.
PBT for the current quarter was recorded at RM144.825 million, a decrease of 10.9% compared to RM162.595
million in the immediate preceding quarter. The lower PBT was mainly due to the higher impairment losses on
financing receivables of RM163.457 million as compared to RM113.984 million recorded in the immediate
preceding quarter.
Good results :-)

extract .... "Wessex Water has submitted its five-year business proposal (2025-2030) to the water services regulation authority, including a higher return and capex allocation of £3.5 billion over the next years versus £1.4 billion."
- good to note that the proposal entails a "higher return" expectation and I assume its based on the higher capex as well.... this shd be well received

who is VT ? ... very terror?

excellent writeup with historical stories and all..... can be made into a book :-) good work dragon328.... bravo

this is 8 straight trading day loss..... from 84c to 64c ..... is there a bottom? whats the news? if any...

i dont know whats with palmoil and calvintaneng..... looking at the way u buy TSH u shd be major shareholder by now :-) LOL ... all the best buddy

hmmm..... which is better to add ytl or ytlp ??
One is diversified and the other is NOT....
one is trading at T4Q PER of 19.92x while the other at 12.26x.....
one has construction upside (HSR) while the other has DC/utility upside
anything else???

oh yes BTW.... WB is trading at 2.5% discount to current mother share price of 0.405

ok guys..... i sold all my mother shs and bought WBs :-) hope this is a better strategy, and i guess i have a year to realise any profits (wb expires in a years time).... happy hunting :-)

wowzie salcon WB selling at discount to mother (still have 1 year to expire) ??? its worth converting all mother shares to WB :-) LOL..... assuming price of mother will go up of course

Eagle77 is selling everywhere...... but funny he didnt buy as well :-) LOL

o&g getting the limelight it deserves, and if BA can perk up interest with its T4Q PER of 9.47x how about Yinson which is only at 7.77x ? Also I believe Yinson has a huuuuuuge order value in place.... or cud this all be AK's retirement plan.... as he lacks succession planning :-) happy hunting

wonder if its time for genting to seriously venture out of gaming and diversify into "less sinful" activities? Looking at genting singapore which is like 100% gaming..... went listing in 2005 fro S$1 and today after almost 20 years its $0.90... doesnt this say something ???

those promoting to accumulate on this counter, care to share the news that you have or potential news that you see forthcoming? Otherwise, just get stuck in this loss taking company with no prospects does not bode well lah... this company is loss making for the last 6 quarters !!! Yet..... someone sister even sell blue chips to buy jentayu? Phantom demi-god bird from the ramayana series.... :-) happy hunting

whatever dope that Eagle77 and Markv.... smoking, can I have some too..... as they are definitely in some dream land :-) LOL

genting in news..... unfortunately not the company but just the location and land deal :-) but for such a small piece the development value goes into $$$billion.... shd consider selling land as business

https://www.freemalaysiatoday.com/category/business/2024/07/02/maltons-unit-to-acquire-genting-land-for-rm65mil/

haha @Mikecyc .... calvin is also my godo fighting buddy :-) but professionally.... no name calling etc, but when I think he is not right, I call out professionally, and he treats me professionally as well.... no harm done even tho we have differing views ... thats how it shd be ..... theer are no lies, bust differing views from different standpoint and time. If I say TopGlove is a good buy..... well it will all depend when im saying it isnt it? If it was in 2020 its good.... but if it was in 2022.... is it good?? Therefore its all perspective..... all decisions made to invest is yours and yours only..... all opinions must be respected and no such thing as lies or anything...... unless calvin says the sky is yellow...... but never know sometimes its yellow :-) cheers

1 sad thing in these forums are people calling others bad names etc .... i really dont no what you gain, and just think what kind of karma you are getting and distributing? I always say.... if you have nothing nice to say then say nothing at all.... words like konartist, dumbass, laughing to bank (whop would laugh all the way to bank unless you are nuts LOL) .... these are all words of insecure ppl if you ask me.... why cant we respect each others opinion and if need to debate do it professionally.... anyway thats the purpose of this forum right?? Just my 2 cents.... apologies if i anger anyone... peace

@EquityJourneyman .... i think easily over the last 1 year, Yeoh family experienced the steepest increase in wealth far outweighing any other tycoon .... purely from ytl, ytlp, mcement, yland and ytl-r .... amazing story indeed .... hope its sustainable for us to piggy-back on :-)

haish ..... quite disappointing, 67% buy morning session.... then faded to 57% buy afternoon session, only reason up because klse up 17points, otherwsise hancur..... not sure if any newsd around the corner, otherwise will cabut too :-) salcon is just EPCC company..... not selling water but performing eater and sewerage related works thats all...

hahaha @Agjl @MrFox ..... letting off some steam when market is good - as when market is bad will go into hibernation LOL.... just that I missed out on some counters that I was targeting like Suncon and Gamuda.... gone up too high already, as I was suppose to dilute some ytl/ytlp into these.... not sure if its right time to do so now ??? haish.... good dilemma times :-) happy hunting

im totally flabbergasted at the rise of price..... too much if u ask me and attracting contra players haish..... LOL up not good down not good..... how bout selling now.... as i know in next few days will normalise downward again...

with all the cash earned from land sales and more to come, company shd issue bonus div... could this be possible and if yes.... EPS was 103c and 90% was from land sales, therefore bonus div shd be 90% x 103c = RM0.93 :-)

Apex house said UUE is priced at a trailing price-earnings (P/E) of 10.3 times annualised earnings per share (EPS) for the financial year ended Feb 28, 2023 (FY2023), and assigned a target P/E of nine times FY2025 EPS.
The assigned valuation takes into account of several factors:
i) UUE's involvement in manufacturing high-density polyethylene pipes that complements its core business;
ii) its established presence in Singapore, which enjoys better margins; and
iii) low downturn risks, as horizontal directional drilling technology can be applied to other industries, such as higher power transmission (132kV, 275kV, and 500kV), water, sewerage, and piped gas.

Wow..... if the IPO pricing was made at 9x 2025 PER, then at current price of RM0.695 thats 26x PER ..... LOL

I thought Air Selangor (MB selangor) owns selangor water and not salcon? Salcon is only an EPCC contractor? Hmmm.... but something is brewing here surely

yes what an impressive performance..... IPO oversubscribed 100x plus.... with lots of upside business model, even targeting singapore next.... subsea 5G cabbling and all..... stuff of movies :-) hahaha happy hunting

Thx chartist cum tech analyst OTB ...... yup lets target for ytlp to close at 4.94 and above this session in order for post 5.0 era :-) happy hunting

Its Top Key Executive, Beroz bin Mirdin, is the largest shareholder, holding 20% of shares outstanding.
Jeefri bin Muhamad Yusup is the second largest shareholder owning 5.1% of common stock, and
Abdullah bin Husain holds about 4.4% of the company stock.
Interestingly, the second-largest shareholder, Jeefri bin Muhamad Yusup is also Chief Executive Officer, again, pointing towards strong insider ownership amongst the company's top shareholders.
A closer look at our ownership figures suggests that the top 12 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. Interesting...... basically shareholders = management :-)

company has low revenue, and last qtr net profit of RM1m is only 0.07 EPS, which means at RM0.055 per share thats PER of 19x..... unless there is some news coming up, there is no reason for share price to move up as at current earnings (reflecting last qtr earnings) its trading at high PER of 19x.... happy hunting

highest close since May 2021..... maybe calvin is right .... :-) for once heeeee .... hope it sustains

Following are the USEP movements which are the primary revenue indicator for seraya power provision :-
Average USEP in S$/MwH and Average demand in Mw.
Q2 (Oct-Dec23) - 176.78 : 6,283
Q3 (Jan-Mar24) - 159.48 : 6,290
Q4 (Apr-June24) - 227.08 : 6,606 (Note)
Note - I have only compiled the June data from 01-22 June, as thats the only available for now. The monthly for Q4 are as follows (average) -
Apr - 288.71 : 6,638
May - 240.96 : 6,642
June - 151.56 : 6,528 (01-22 June only)
Therefore, based on the above YTLP is expected to generate higher revenue in Q4 compared to Q3 and Q2, and assuming expenses stay about the same, we shd see higher profit in Q4 from power as compared to last reported qtr results. Q4 saw higher USEP and higher average consumption.

Source : https://www.linkedin.com/company/energy-market-company/posts/?feedView=all

The telco business is expected to continue its losses until breakeven is achieved, and this will take time, im not expecting a turnaround in next qtr, similarly the digital banking business is also expected to show initial losses. AEONCR has forecasted their digital banking business toshow RM160m losses in a year of which 50% or RM80m belongs to AeonCr and therefore qtrly losses of RM20m.... and similar will also be seen in YTLP.
YTLP needs to brush up its recurring income to offset this small initial losses with the main contention being wessex power. Now that UK has so called come out of recession, and with the increased tariff (not sure is applicable next qtr) will there be a turnaround? Following article (too optimistic tho...)

https://www.thestar.com.my/business/business-news/2024/03/12/ytl-powers-wessex-water-likely-to-return-to-the-black

June 2022 - news clipping, but nothing concluded thus far ?? How long more bro cal ?

https://www.nst.com.my/business/2022/06/803188/kalimantan-land-sale-solve-few-issues-tsh-resources

n any business .... working capital is a mandatory requirement, regardless of sector or business, the question is where and how you obtain it?
1) You can either go to the bank and borrow or ask customers to place deposit or advance...... and in AA case its payment in advance.
2) Nobody is forcing you to pay in advance. If you want you can buy 1 day before travel or on the same day. There is no forcing.
3) Buying in advance which means paying in advance entails you some benefits, for example cheaper ticket, cheaper perks, better seat etc etc.... again no force its up to you
4) Before covid, and before the MFRS accounting pronouncements on balance sheet lease treatment, AA had little need for working capital as it has sufficient retained profits to run the business
5) Now after covid, yes it is struggling and thats why we have PN17 status etc to safeguard good companies from being hounded by creditors and this is what AA is finding itself in
6) AA is now restructuring itself out of the fix and to generate a win win for everyone.... its as simple as that
7) Weather the restructuring will work, weather it will be accepted by the creditors, will there be haircut, capital reduction..... well all these are risks .... business risks that one has to undergo..... as there is no certainty in life my friend...
8) Only certainties in life are death and taxes :-) happy hunting

Is this Hexcap project after it bought over TJE? Minister not happy with progress...

https://www.thestar.com.my/news/nation/2024/06/30/contractors-face-action-for-jendela-delay-in-sabah-sarawak-says-teo

Disappointing qtr results..... 4th qtr 2024 resulted in loss after tax of RM58m
full financial year loss of RM84m, cashflow is also negative at -RM37m from operating activities
the RM57m loss mainly comes from RM46 million derecognition of the deferred tax assets the loss is attributed to the reduced electricity sale by the Waste Management & Waste-To-Energy division, following a temporary
unscheduled downtime for necessary rectification efforts...

u will be losing out on the biggest airlines transportation ride in bursa @Sslee ;-) happy hunting.... how can u possibly bring ponzi scheme as a comparison... adoih