gold counters are a little funny, basically they buy gold and sell as finished goods, so if gold price go up rightfully demand shd go down, and gold becomes less affordable to people, therefore less transactions and therefore less profit but here its the opposite..... when gold price go up the profits of gold counters ho up also LOL ... can someone help explain this to me ah? Now the PE ratio has gone down to 4x which is undervalued.... so will investors buy and push the PER up?

nice to see mth end dividends in the acct :-) gotta go celebrate a little ...cheers and happy weekend ppl

ok @calvin i rest my case :-) i believe you are making some right calls at times ...... hopefully its not just coincidence huh :-) happy hunting buddy

price gaining some traction today at 2.22 @ 2:52pm ..... dragon328 I believe this is what you were looking out for :-) after 10 continous days of drop finally a support is seen :-) with hope in the horizon in the form of shenton.... and possible REIT conversion later on

A fiNAL single-tier dividend of 1.75 sen per share was approved today for the 7,507 shareholders of PBA Holdings Berhad (PBAHB).
The entitlement date is set for July 15, with a total projected payout of RM5.792 million by July 26, according to Chief Minister Chow Kon Yeow.
With this final dividend, PBAHB shareholders will receive a net single-tier dividend of 3.5 sen per share for 2023,”
Wonder if PBA is a good buy fro now? Any feedback will be appreciated.... and hng33 - you seem to have the most voice here :-) cheers

@Sslee .... the fact that CapA can convert payables to bonds means that lenders are still willing to invest.... there is no short of financing even which under restructuring

dont mean to be a party-pooper here but u need to look at calvin's review with a pinch of salt..... none of his recommendation is based on fundamental numbers, just assumptions..... this company has been continually making losses since June 2023, and there has been no recomendation to buy from anyone.... except Calvin and a few im guessing..... this will be a high risk high reward kinda venture.... and decide if you are up for it !!! happy hunting

the usep energy facebook page has more recent updates up to mid May24 I believe..... which @Areo1 numbers tally

there seem to be some support at 2.16 .... looks like good time to add, but then again yesterday was super high volume, and contra selling will take place +3 days

thanks for the explanation @dragon328 ..... although I feel the proposal could have been done smarter, related party transactions are always frowned upon and malaysian companies shd take heed and learn from our western counterparts.... many use listed vehicles for their personal play, and worse when there is no tack at all in disclosing the news ...LOL

when the No.1 guy has to be given leave of absence due to wrong-doing investigation..... what else can one say about this company? Mismanagement from the day the founder Chong Hin Loon passed away..... he was the founder of kencana that merged with sapura to form this entity.... sad end to this sapura saga, it is sure to fold ...... one day if mismanagement continues

when greed takes over the helm....

i read the full announcement and its so lame. lee states the main reason for the proposal being conflict of interest, well why didnt he think of the conflict when he first made the bid for shenton? he knew he was the ceo and he knew there would be conflict of interest and yet he made the bid and entered into the deal. therefore why cry wolf now? instead, he shd have simply stated that the he made the bid as timeline was short and if it went thru ioipgthe process would take too long and the bid could not eb made and therefore he took it unto himdelf to make the bid on behalf and now offers the deal to ioipg at cost and for full evaluation. if ioipg thinks its profitable then it can take it otherwise it can drop it, simple as that. now since he said the reason being conflict of interest, how if ioipg drops the deal? he will be left with the deal as well as the conflict of interest. what a lame approach, his lawyers shd be sacked if you ask me. also u thinm singapore will simply dit idle and see the deal being juggled by the winning bidder, perhaps sing will recind the offer then? junior lee is so unlike senior lee, if dad was around he would have taken the bull by its horn....adoih, just my 2 cents worth..... what u guys think? dragon328?

kazakstan and the surrounding central asia are the worst when it comes to corruption, and crooked deals, just see what REACH is reaping..... if armada goes there then I believe its end of the road :-( just my opinion tho

mahb is a classic case of politics and useless sentiments against the west hurting the real valuation in terms of economics..... I mean if you dont like starbucks and decide not to drinks its coffee is one thing, but totally de-linking all israel related funds will spell disaster as they are deep into the world economics.... unless you want to live a life of hermit .... LOL

YTL PER is already at 18x..... and if 20x is the target then there is little upside im thinking. The delay in HSR status is not helping the price, with only upside being ytlp 55% equity consolidation. YTL will have to compete with Sunway, Suncon, Gamuda and IJM..... and my take is that YTL is lagging on contract wins of this list....

@Sslee.... TQ for your continued analysis on the numbers, but few things u need to know.... for example current liability lease if cannot be p;aid in 1 year will be just rolled over to next year - no big issue here..... dont be bogged down too much by the accounting, as as I said accounting is only a measn of measurement and when push comes to shove there is always a way out of it. Furthermore, more importantly business is booming, capacity is increasing.... banks are lining up for financing, what else you need? Its the best run budget airlines in the world for goodness sake.... if not the best run airlines in the world !!! How can one go wrong? Covid is the only blemish in airasia books of which it somehow survived and coming into the black..... try being optimistic lah :-) cheers and happy hunting

did i say 24c...... haha i meant 14c :-)

officially joined the aeoncr bandwagon :-) .... its gonna be a bumpy ride for sure, firstly looking forward to the 24c div on 4th of july, and thereon proper valuation for this 9x PER valued gem. Digital bank loss targeted for the year is RM160-170m.... of whioch aeoncr owns 50% therefore 80-85m a year or 20-21m loss a year, which is reasonable considering they are targeting at least 10% increased in receivable financing.... happy hunting :-) guys

high trading volume today at 24m @ 4:15pm...... last time this volume was in 13 May, where the price increased from 2.35 to 2.53..... not sure if public is viewing this announcement by CEO as positive or not.... nevertheless its NEWS in otherwise dull affair :-)

@calvinteneng .... still here promoting TSH ah? From your comments.... i think TSH will stop palmoil business and venture into property development venture is it? Sop they will sell jungle land to convert to Indonesia's new capital right? When will this be all done ...... in next 10 years? Adoih..... why dont you focus on qtr to qtr fresh fruit bunch production and palmoil business developments, which is the business of TSH :-) happy life bro

@Sslee ... growing net current liabilities means that business is growing, transactions are increasing and obviously working capital will increase. The current assets in the 3 period also increased, which again proves business is growing, nothing extraordinary here.
March24 qtr reported a loss before tax of -RM249m, but same period reported a net operating cashflow of RM835m, which is AFTER paying operating lease of planes. This is very healthy.
In fact the RM249m loss is mainly due to the recognition of exchange rate loss of RM371m.... otherwise it would have been a profit.
Airasia will probably match if not beat SIA performance moving forward.... but what it needs to do is get out of the current PN17 mess... and for that tony is a master planner, and I believe the restructuring plan in place will succeed, albeit some capital reduction (less shares in hand after conversion).
Lastly, IFRS and accounting policy changes has never brought any company down.... companies go down due to mis-management and wrong business model..... both of which are not present with CapA. Happy hunting :-)

Thx for the data @Aero1 ..... and to add on Oct-Dec 2023 : 221.3 177.7 131.4 ..... which means Apr-June 2024 will be better (assuming May price extrapolates to June) than Oct-Dec23 and Jan-Mar24 .... BRAVO :-)

https://theedgemalaysia.com/node/716663 ..... some cheer-up news :-) peace

https://theedgemalaysia.com/node/716663 ..... some cheer-up news :-) peace

interesting to see when prices go lower.... could it be a sign for late comers to join in? could it be a sign .... of loss of steam? could it be a sign of loss of fundamentals? or could it just be a breather before the big push...... i still recall the prive hovered in similar stance from 3.76 to 4.00 with teasers to 4.16..... similar is happening now but at a dollar higher :-) happy hunting

what 2 counters took super beating during covid and now on the uptrend ? Genting and AirAsia.... questions to ask?
1) Has the business flow reached pre-covid levels?
2) Has the price normalised?
3) Are there any hiccups (ie. CapA PN17 status) that shd be considered?
4) Will the next quarter results bring the business to pre-covid level profits?
Those who can answer these questions will have the answer of to hold or NOT to hold.... happy hunting :-)

@Eagle77 ....u are like the bringer of BAD news, everywhere u go you are just pessimistic about everything, they say you become what you are so be careful of what you wish.... not sure what analysis you use to conclude but pls do see the good things as well among the bad.... peace

Could Hexcap be making a GO for binacom .... would love that idea

somethings brewing with binacom..... so this is separate from binasat yah :-)

Property tycoon Tan Sri Chan Ah Chye, the single-largest shareholder of Talam Transform Bhd, died at the age of 78. Late Chan was formerly the executive chairman of Talam prior to his re-designation as non-independent non-executive director on Jan 22, 2009. The tycoon owns a stake of 23.46% in Talam..... RIP Mr. Chan

@fx115w ...... hold on hold on to the news, make it a special brew..... take longer time :-) LOL

rise of the titan..... only property company i know that only makes money from selling land.... what an easy task :-) LOL

yup yup..... mosquito infested where headhunters..... dont get u jobs but tribes literally head hunting, and in the heart of the oldest living rain forest in the world..... good luck to you on this nusantara quest :-) LOL

i hope im not selfish saying this..... i want ytl and ytlp to stay depressed, as my funds for top-ups coming soon, and dont want price to go up before that :-) LOL .... rest assured all potentials are still intact... including sing kl high-speed rail ....

@Eagle77 .... looks like u missed out on this counter, good time for you to enter.... no need to panic, only 10c correction, not end of the world :-) LOL

Wonder ahy GenM needs to issue MTN for RM500m when it already has RM3.6b in cash !!! and pay interest at almost 5%

https://www.thestar.com.my/business/business-news/2024/06/10/genting-malaysia-issues-rm400mil-medium-term-notes

share buyback only "capitalises" the benefit for future shareholders or those who are still holding on in future..... how about using that money to pay dividend to current shareholders.... NOW? Hmmmm...... worth a thot

ok lah calvin..... i dont ask 3, 6 or 9 mths.... how about 1 year? Surely shd be able to see capital returns after 1 year mah? after hitting its high of 1.80 in May 2022, since june 2022 its been ranging from 0.80 to 1.10.... up to now woooo..... 2 years oledi how??? dont tell me need to wait 10 years :-) LOL...

also ytlp has dodid in singapore :-) albeit 12.5mW ony

it it truw that there will be capital reduction exercise being planned? Wouldnt this result in reduction of share price accordingly.... just before a rights issue to pay more? Just asking..... :-) happy hunting

my former boss was the former CEO of the company before the Chinese investor took over. Unfortunately, the oil fields and investments are situated in one of the most corrupted (but developing) region of the world.... if you dont pay pay pay your way business will stop.... or if you pay wrong ppl even worse. Today their partner in this land locked nation is the government, and same time they are also suing the same government for claim of unpaid taxes..... haish until when this continuous bleeding will go on..... :-) peace & happy hunting

@caltaneng ..... pls listen to sound advice of @prudentinvestor .... your repetitive claims of TSH si just SPAM, please do some research proper oen and tell us your outcome, and why dont u forecast TSH about 3, 6, 9 months from now.... if your prediction comes good, then we will all trust in you..... but if your predictions come wrong, will you accept that you are wrong about TSH and will stop this blind "TSH has landbank and therefore will be valued 10x more" rhetoric?

the surprising run-up of ranhill price could be due to one of these reasons.....
1) entry of a vibrant new major shareholder
2) water tariff hike which will be fully reflected in next qtr
3) being the sole supplier of H2O in a state that is flush with DC projects
OR OR..... all of the above :-) happy hunting

@Mabel ..... serba DK forum all looking for you.... where is cat lady? LOL :-)

Tiktok has arrived in malaysia, adn they setting up DC at Sedenak Tech Park (STEP)..... i dont suppose YTLP has any role in this?

https://www.techtimes.com/articles/305464/20240607/tiktok-bytedance-2-billion-ai-hub-investment-in-malaysia.htm

I guess thats the whole risk of warrants, especially even higher risk when the mother shares are either thinly traded, or low circulation. There is no need to fight anyone..... its market forces at play. Naturally, you cannot compare against the big buys..... like Tenaga, or Mah Sing, or Sunway..... because there are many and active traders out there. If you decide to play with a small counter.... its because you are expecting higher return.... but higher return will surely mean higher risk, and therefore this is a high risk game..... if you are willing to to play this high risk game then wish you all the best..... otherwise suggest access your risk level and invest accordingly.

Noticed one alarming data in the Qtr reporting, there is a RM201m increase in trade receivable (no details provided), while the revenue for the qtr was RM328m, meaning 61% of the sales is not collected !!! Furthermore during the quarter although the profit was RM101m there was negative operating cashflow of RM127m.... these are very alarming numbers, the trade receivable totals RM465m.... hopefully management is not "cooking" the books :-) LOL .... cud this explain the extremely low PER for a property development company? Anyone here has the answer?? ...... cheers and happy hunting

Good collation work @Michaelchan2024 :-) others can now rebut and contribute...

PART 2: CORPORATE GOVERNANCE MATTERS (2022 AGM)
Question 1
In FY 2021, the Group still suffered a Loss attributable to Equity holders of the Company
of RM1,369.7 million which is higher than the loss of RM1,024.2 million in FY 2020.
Under such poor financial performance, for FY 2021, all three executive directors as stated below still received substantial remuneration though there was a significant decrease for the Chairman/Chief Executive’s remuneration compared to FY 2020:
A summary of their total remuneration is as follows:
RM Million : FY2021 FY2020
(i) Tan Sri Lim Kok Thay (Chairman and Chief Executive) 100.2 151.3
(ii) Mr Lim Keong Hui (Deputy Chief Executive and Executive Director) 18.3 17.9
(iii) Mr Tan Kong Han (President and Chief Operating Officer and ED) 7.2 5.8
Kindly justify the two executive directors’ remuneration in the context of the Group’s
continued poor financial performance.
Reply to Question 1
The remuneration packages of Executive Directors relate to the Group. At Company level, there is no increment nor bonuses awarded to the Executive Directors.
The increase in the remuneration package for Mr Tan Kong Han is attributable by
increments and bonuses awarded and salary position against market and industry, in
particular for the Plantations sector. The remuneration package for Mr Lim Keong Hui includes performance-linked incentive payment which relates to remuneration earned for previous years’ performances before FY2020.