It means no buying power,only speculator keep on buying 100 share at RM1.40 to maintain at this level.

Uncle lim dont to aggresive,still in if this counter drop below RM1.35? or you can confirm this company fundalmental still very very strong?

See EPF actively trade within this period of time.

Skim Milk Powder International price keep on increase fr USD1675 (FEB 18) to USD 2505 (July19) regardless uncertainty of global war trade.

Quarterly main expenses for Maybulk should be Operating expenses (around RM42 to RM50 mil) + lease liability (RM14.4mil)+interest expenses on bank borrowing (RM4.5 mil)= RM60mil per quarter. If revenue generated less than this amount,we can forsee the coming 2 quarter still show red in quarter report due to uncertainty of dyr bulk rate. The worst thing if coming quarter still show
Impairment loss on vessels like what happen in Q1 RM12.2mil.

Thanks Chocho : that means if the lease liability period is 5 years,every year expenses for the lease should be 57mil per year / 14.4mil per quarter. If this expenses + interest expenses on bank borrowing 4.5 mil = total should be 19mil.It consist 29.6% of quarterly revenue.

UNCLE LIMHUAT : YOU HAVE TO CALL UP,CALL UP ,NOT COUNT DOWN UNLESS YOU PROJECT THE RESULT WILL TURN RED.
27/07/2019 11:08 AM

Beware of black quarter report (next week).

Any body can explain the below statement stated in 1Q report(page 7),because this cost RM288mil may be incurred in following few quarter report.

(A)The right-of-use assets comprise 5 vessels leased from owners and are measured at the amount equal to the lease liabilities, and adjusted by the amount of provision for onerous contracts immediately before the date of initial application.

(B)Implicit interest on accrued lease payments is adjusted to accumulated losses as at 1 January 2019

(C)The lease liabilities arising from 5 leased vessels are recognised and discounted using the Group’s incremental borrowing rate of 4.48%, and adjusted by any accrued lease payments immediately before the date of initial application.

(D)The Group applied the practical expedient available in MFRS 16, Appendix C, paragraph 10(b) that allows any entity to rely on its assessment of whether leases are onerous as an alternative to performing an impairment review. The lessee shall adjust the right-of-use assets by the amount of any provision for onerous contracts recognised immediately before the date of initial application.

(E)Accrued lease payments previously classified as payables and other liabilities are now recognised as part of lease liabilitie.

The operating lease commitments disclosed under MFRS 117 as at 31 December 2018 are reconciled as follows to the lease liabilities recognised in the consolidated statement of financial position as at 1 January 2019, is as follows:


Operating lease commitments at 31 December 2018 RM281,832,000
Accrued lease payments RM 46,086,000
Relief option for short term leases RM(12,559,000)
Total RM315,359,000
Discounting RM(26,783,000)
Total lease liabilities as of 1 January 2019 RM288,576,000

Pls advise.Unless you understand this statement,otherwise dont simply invest your hard earned money.

already move 25% from the bottom,pls take note.

SGX RegCo requires exit offers to be fair and reasonable, shareholder vote to exclude offeror and concert parties,to attract foreign investor,Bursa need to follow the international standard.

Kris Wong. YTL said government unfair to them in award of interim school internet services to others, does YTL realised that its takeover offer to YTLLand's minority shareholders with the vile threat of Delisting is even more unfair and unreasonable !!!
04/07/2019 9:18 AM

NTA 88 cents is base on bookk value,but :-

property hold by YTLLAND not yet revalue since 2002,think what the value of Sentul current price + singapore land price after economy boom since 2011. Still remember why YTL Land acquired KTM land which located in Sentul area. If we revalue by third party,sure the price will more than current price 88 cent after deduct all the debt.

Dont ever follow big boy,may be they r wrong in Jtiasa, armada etc.Judge base on your own discretion.

http://www.mswg.org.my/complaint

The F4GBM Index measures the performance of public-listed companies (PLCs) that demonstrate strong environmental, social and governance practices. The index was launched in December 2014, with a total of 56 constituents. YTL Group is 1 of them in this group.R u agree the criteria of KLSE selection from the merger of Larfarge Malaysia & YTL Land swap take over.
16/06/2019 6:38 PM

Good idea-Get media to cover the news or using social media to highlight the unfairness of the share swap deal - using public opinion pressure. For New Malaysia we can't let this culture continue,otherwise 97% population will discreminate by the 3% rich people.

This is the bad news for whole malaysian /new generation who plan to buy property for residential purpose.we forsee the inflation will cause heavy burden by our young generation. Would you like to support this type of corp who only take care of their own interest but secrified public resposibility.

120mil to privatise the YTL Land is the peanut in the eye of YTL family,from this case that it show that they willing to kill the minority shareholder who support them more tham15 year even thou they not even pay a single cents dividend to us.As a faithful christian family,do you know what u do in this case.

120mil to privatise the YTL Land is the peanut in the eye of YTL family,from this case that it show that they willing to kill the minority shareholder who support them more tham15 year even thou they not even pay a single cents dividend to us.As a faithful christian family,do you know what u do in this case.

YTL buy ytl land
As a faithful christian family,do u know what r u doing in this case.

As a faithful christian family,do you know what u do in this case.

dont too sad, what we can do is dont sell your potion during offer period & request minority shareholder Bhd to voice their objection during EGM.

property hold by YTLLAND not yet revalue since 2002,think what the value of Sentul current price after economy boom since 2011.

Net Tengible value RM0.88 ,only offer RM0.36,who want to accept offer? take advantage of weak economy to kill minority shareholder,

Unclelim have u buy back or add more this counter

never mind lah,if they keen to sell at RM1.35 & below,we collect more.

3 quarter report continue generate profit above 10 mil per quarter,let support if price drop below RM1.35.

If like that,paperplane,pls support when price drop below RM1.34.

Flour segment accounts 22 mil (93% of total operating profit),Poultry intergration segment only generate 1.9mil (7.9% of total operating profit).Can this segment improve? let wait & see.

Even profit Q VS Q drop 20% ,net cash increase from RM86 mil to RM94mil. that translate into 69 cents per share.Good report.So we expect high dividend pay for the coming quarter.

Yes ,earning is improve,Congrate but earning per share drop due to increase in paid up capital from 755Mil to 1029 mil. Cash & Cash equivalant also drop to 147mil from 238 mil. Finally no dividend annouce even though earning improved.

malaysia boleh! anything can happen in malaysia!Dont you see MBM Resource result outperform,share price drop.If Pecca also outperform,why nobody chase this counter?

why no body sell 1.33,speculator pls trow?

dont expect too high

If Q result not reach 4 cent,Director Lim Hun Swee is the sole winner,i wonder the reason why Edward Goh & other director to buy from Lim Hun Swee? is it because too cheap or under value?

speculator,pls dump more.i waiting u at the bottom.

I think those active promote this counter also dump today due to can not tahan

If what u said is true ,all dump together.

let the speculator dump the share.

USD/RM 4.19 is the important turning point for Export market,hope wil last for at least 6 month.

Now index is 1638 (26.4.2019),may be we can try to invest 10 lot in medium company (Construction,logistic & manufacturing company must with constant dividend at least 3 cents),see what the outcome after 2 years ( May 2021).

this company always earn exceptional profit from sold of it subsidiary (life science-a potential subsidiary only sold at around RM5 mil (51% share),other section still continue incurred loss or profit continue reduce especially Sushi King put so big investment. I dont think is a good counter to invest.

Dont ever depend on coldeye,he can in n out any time.judge by your own discretion.

so bad result ,still consider price increase,except they sell the blok of share from Texchem Holding

when u feel disappoited,that is the time you need to hold.time to sell is under your own discretion.

Forward fr the Star 12.2.2019
PETALING JAYA: MISC Bhd and Malaysia Marine and Heavy Engineering Holdings Bhd ’s (MMHE) are frontrunners for two major contracts from Petronas Carigali’s Limbayong oil and gas field development off Sabah, says AmInvestment Bank Research.

Given the local content requirement for the contracts, the research house said it expected MISC to secure the floating production, storage and offloading (FPSO) vessel charter job, while its 66.5%-owned fabrication provider MMHE was likely to win the engineering, procurement, construction, installation and commissioning (EPCIC) contract.

“For MISC, the earnings impact is likely to be minimal given the group’s huge asset base while the conversion job for MMHE could have a more substantive impact to its depleted order book of RM932mil currently,” it said in its oil and gas sector report.

It was reported recently that local players, including MISC and Yinson Holdings Bhd, were preparing to bid for a FPSO vessel charter for the oil and gas field development, with technical and commercial offers likely to be submitted next month.


AmInvestment Bank Research noted that international FPSO operators such as Modec and SBM Offshore were not expected to bid for contracts, despite having received tenders for the project last year, due to strict local content standards.

The standards include having to carry out the module fabrication and engineering work in Malaysia, with a requirement for up to 90% local manpower.

It said Sapura Energy, MMHE, Kuching-headquartered Brooke Dockyard, Klang-based Muhibbah Marine Engineering and KKB Engineering’s OceanMight were expected to bid for the EPCIC contract.

“However, foreign yards may also be planning to tie up with a local player,” it noted.

The Limbayong tender opened in November last year on a fast-track procurement, with fabrication workto be carried out over 26 months after the award.

Moving forward, the research house said it does not expect any substantive changes to Petronas’ field development activities as Brent crude oil prices were still above its 2018 internal crude oil assumption of US$52/barrel for project feasibility studies.

TAGS / KEYWORDS:
Oil & Gas , Corporate News , Oil And Gas

Now PE is 36,is it worthy to hold for medium term? dont too relly on the social media ,better take a visit to their plant.2 cents advise.

I like your sharing,anyway i prefer you reseach base on visit to their plant ,other vise you wil be surprise when come to the end of May 2019.This is my experiance in this company over 6 years time.

Target why you suddently turn to short term investor(Presbhd & iwcity)? are u plan to turn Johotin into short term also?