sheldon

sheldon | Joined since 2013-10-31

Investing Experience -
Risk Profile Moderate

Always looking for the best yields

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Stock

2022-02-18 15:27 | Report Abuse

WilburR2 Share split is already in place in bursa as you can sell 100 shares right? Any advantage in share split?

A 1:1 share split simply cuts each share into 2. A similar bonus issue doubles the no of shares by debiting the reserves and crediting the share capital - in layman's terms taking the money from reserves & placing it into share capital.

Both however will have same impact on EPS hence share price.

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2022-02-18 09:16 | Report Abuse

Actually I prefer a simple share split as bonus would mean draining our reserves.

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2022-02-17 15:33 | Report Abuse

Just finished attending the AGM.

Among others, the Board will consider bonus or share-split.

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2022-02-17 08:56 | Report Abuse

5 sen?

Wake up - you're dreaming!

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2022-02-17 05:06 | Report Abuse

Performance is superb due to mainly high CPO & PK prices and consolidation of CCM & IJM results. Cash generated from operations, up from 439m to 949m. Need to find out though the details of the massive 851m paid labelled "Purchase of shares from non-controlling interest".

Going by it's last 2 quarters EPS of 77.78 & 83.85 - if we extrapolate to annual = 323.26 sens. At a conservative PE of 9 times, then BK share price should amount to RM29.

Money, money, money!!!

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2022-02-16 09:54 | Report Abuse

On the contrary, BK is a cheaper route to acquiring interest in KLK.

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2022-02-16 09:26 | Report Abuse

EV car is not really environmentally friendly.

Have they figured out how to dispose off the massive spent car batteries? That's a disaster waiting to happen.

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2022-02-15 21:42 | Report Abuse

Petron can't directly control investors' decisions but it can control dividends.

To make up for the very poor share price performance, massive dividend payouts will rile up investors who have ignored this counter. It'll be the right tonic to drive up the share price.

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2022-02-15 16:29 | Report Abuse

Ok show's over. The fireworks are through. Now back to work! Haha

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2022-02-09 12:38 | Report Abuse

Be warned - I'm getting rich!!

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2022-02-06 14:44 | Report Abuse

Price should rise significantly. Why?

- NTA > RM7 and PE is only 5.5.
- Though some may argue not in the same industry but I consider an investment is just an investment - Carlsberg is trading at PE of 36.6 & Nestle at a mindboggling 53!!

- Petron had made over the years hundreds of millions of RM but declaring only puny dividends. What happens when you put millions into a bank account but withdraw only pennies? Logically overtime, it should grow in a compounding fashion.

The share price is way behind the curve. It's puzzling what's holding this counter back?
The only way for management to get even with investors who're not paying any attention to this counter is to pay a lot more dividends (Unless of course if the accounts are all made up and the profits are fake).

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2022-02-04 03:43 | Report Abuse

What's the prediction for the Dec 21 quarter?

A. Excellent - >100m
B. Great - 50-100m
C. Average - 30-50m
D. Poor - 0-30m
E. Bad - Loss

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2022-01-31 10:01 | Report Abuse

What kind of counter!!

Erection for a few seconds & then flaccid

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2022-01-16 15:50 | Report Abuse

The youngsters are placing online bets & the govt is losing sin tax revenue from this.

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2022-01-14 17:10 | Report Abuse

TQ wsb_investor - 0.9% more stirs my interest.

I sold some of my in-the-money ordinary & withdrew some of my pathetic-yielding FDs & piled them on ICPs. I can smell the dividends & only hope for an upward drift thereafter.

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2022-01-14 10:11 | Report Abuse

wsb_investor - Dividend rate is 20% more.

My somewhat simpleton mind tells me that holding ICP in the long run, I'll have more cash in my bank than holding ordinary equivalent. In return I just have to make a small sacrifice on trading liquidity.

Is this logical?

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2022-01-13 22:23 | Report Abuse

Tq observatory. So it's the trading volume is the setback.

I made my maiden purchase of ICPs today & I'm exploring an arbitrage of sorts between ordinary & ICP

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2022-01-13 10:45 | Report Abuse

Going through the prospectus for ICP, it appears to me that the ICP should be trading at a higher price relative to the ordinary shares.

Any reason for the anomaly?

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2022-01-12 23:02 | Report Abuse

Deltacron supposedly as deadly as Delta & as contagious as Omicron may be on the horizon

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2022-01-10 15:41 | Report Abuse

EPF seems to be accumulating of late

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2022-01-10 15:35 | Report Abuse

At 6.10, is it time to get down from the bus?

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2022-01-05 16:34 | Report Abuse

I think analysts focus on high volume trades & BK is not in that club.

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2021-12-24 09:48 | Report Abuse

Looks like results will be out only on the 11th hour. Does not feel reassuring

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2021-12-21 21:41 | Report Abuse

Wow!! A massive share buyback at such a high price of 22.

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2021-12-14 10:28 | Report Abuse

Anxious ... lesson in investing!

I've been trading shares for almost 30 years. The lesson that you, I & the market will NEVER learn is overcoming GREED & FEAR

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2021-12-13 16:18 | Report Abuse

Dear members of the B40.

How are we feeling today? HaHa!!

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2021-12-13 15:15 | Report Abuse

It's about time!!

A dividend befitting it's performance.

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2021-12-08 14:47 | Report Abuse

I hope i didn't just catch a falling knife!

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2021-12-08 03:50 | Report Abuse

The recent intensive bull run helped me shave my losses by quite a bit.

My savior to offset the losses going forward is dividends and hope to make some $ on the volatility

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2021-12-04 16:13 | Report Abuse

Rohit_Nambiar - I've responded to you via FB messenger

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2021-12-01 09:50 | Report Abuse

I tend to buy products of cos i invest in. Tried buying fire insurance but ran into some technical snag. Emailed them but they were dragging their feet on this which I find appalling. Weeks went by without any response from the sales team.

What a poor corporate culture! Residential fire insurance protection is a much sought-after sale for any insurance co. Literally pocket the premium without any need to payout.

I gave their customer relations manager a good shelling. I told her that I'm buying from Tune not because it's the best insurance co but simply because I'm a shareholder. It's a wonder that such sales people can be put on the payroll.

I recommended that she call for a meeting, serve them curry puffs & tell them that they're all fired. That ought to shift their sales aggressiveness up a gear!

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2021-12-01 09:35 | Report Abuse

YourQuirkyWays29 - you're absolutely right. I mistakenly saw the date the disclosure was made as the transaction date.

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2021-12-01 07:15 | Report Abuse

EPF still on a disposing spree.

They see something that we don't or vice versa?

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2021-11-30 06:02 | Report Abuse

Any more fuel left to boost this rocket further?

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2021-11-29 15:50 | Report Abuse

Sincere condolences to shorters & epf

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2021-11-29 12:06 | Report Abuse

To add more joy to our celebrations - don't forget that these are ex-div prices

Money coming in on 2 Dec !!!

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2021-11-29 09:42 | Report Abuse

Like a James Bond villain - We laugh when the world cries.

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2021-11-26 17:48 | Report Abuse

Is there a bonus issue in store?

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2021-11-24 21:15 | Report Abuse

65.9 sen EPS for 3 quarters is good.

If we conservatively estimate full years EPS at 80 sen & if the co trades at a conservative PE of 10, then the share price = RM8. Unfortunately though, this co trades way below at about 4.3 PE.

Such being the case, our only salvation is a decent dividend but the Board - which going by their track record is again unfortunately miserly.

We're doomed. Urgh!

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2021-11-24 09:16 | Report Abuse

A massively good news but unfortunately the govt is going to steal a big chunk in the form of prosperity taxes to pay fat salaries & other perks to people who do nothing but sinfully provoke hatred & division among the people.

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2021-11-23 10:22 | Report Abuse

Good morning poor people

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2021-11-19 10:15 | Report Abuse

must check whether he has any interest in illegal 4D.

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2021-11-16 01:30 | Report Abuse

Looking good in the eyes of the narrow-minded electorate to ban 4D but He is smart enough to realise that these hypocrites are enjoying a big portion of sin taxes - from Vellfire to a nice fat pay for doing nothing..

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2021-11-11 11:51 | Report Abuse

Aiyo!

PE 3.9 & handsome dividends due to go ex soon & investors are still selling. This is indeed anomaly.

The quarterly report mentions bad news for the co including higher raw material cost, a hefty 27% lower ASP, increasing supply & moderating demand. It also mentions a glimmer of good news structural step-up in emerging market demand. But emerging markets have lesser money unfortunately.

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2021-11-10 16:10 | Report Abuse

Kudos to the management!

The best strategy for this co whose share price is tanking is to reward the shareholders by squeezing as much dividends as possible.

This will be a great compensation for shareholders who are suffering a massive capital loss.

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2021-11-01 14:57 | Report Abuse

The bumper profits up to FY Sep 2021 should not be affected since the prosperity tax is applicable to Yr of Assessment 2022 hence FYE Sep 2022

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2021-11-01 14:44 | Report Abuse

We're screwed as the prosperity tax is applicable to Yr of Assess 2022. So the bumper profit quarters from Jun 21 to Mar 22 will be hit with extra 9% prosperity tax.

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2021-10-28 10:59 | Report Abuse

Good arbitrage opportunity would be to sell Magnum at 2.18 & buy Btoto at 2.08.

Btoto share is worth more than Magnum

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2021-10-28 04:14 | Report Abuse

Anyone of the opinion that the results will be better than the June quarter?

My guess is that the June quarter was the best ever, the climax, the peak & will not be repeated.