warchest

warchest | Joined since 2015-04-23

Investing Experience Advanced
Risk Profile Moderate

i'm nibbling now because of its value

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Stock

2020-08-09 22:43 | Report Abuse

With RM1 billion of loan, it is another lifeline to Air Asia Group, it would help them to focus on their recovery plans. Vaccine should be coming anytime soon

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2020-08-09 11:01 | Report Abuse

Fyi, they already got a new CEO subject to BNM's approval. It might help to propel Tune into another levels of their digital transformation. Stay tune

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2020-08-02 13:33 | Report Abuse

My 3rd post on EWINT: Billionaire Boys Club. Hope it can provide a tremendous insight for investment community here. Have a good Sunday and stay safe

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2020-08-02 13:31 | Report Abuse

My 3rd post on EWINT: Billionaire Boys Club. Hope it can provide a tremendous insight for investment community here. Have a good Sunday and stay safe

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2020-07-31 23:39 | Report Abuse

I would suggest to use dollar-cost averaging strategy on this. Buying at regular intervals and roughly the same amount every interval. This would work well for growth company like EWINT

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2020-07-31 23:34 | Report Abuse

GBP and AUD at 5.57 and 3.04 respectively, the highest in a year. Is going to be a boom for Ewint as the amounts owed by JVs are in GBP. And bode well for the future revenue of EWINT.

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2020-07-31 12:51 | Report Abuse

I'm nibbling now because of its value. NAV value around RM0.74 should be a fair value. But Year 2020 is a year of reflection for Tune and hopefully by 2021 Tune can rebound strongly. But it doesn't come easy. A lot of works need to be done.

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2020-07-31 12:40 | Report Abuse

We need to continue to pressure the Company to reduce management expenses (i.e. staff cost), increase investment income and reduce the claims (by only underwrite good products and customers). That's how we can ensure profitability can be sustained.

https://klse.i3investor.com/m/blog/TimelessInvestment/2020-07-29-story-h1510785861-Tune_Protect_Group_Wishlist_can_it_be_fulfilled.jsp

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2020-07-30 20:10 | Report Abuse

Appreciation of future revenue of RM190 mil (from RM4.62 to RM4.81 bil) with appreciation of GBP and AUD of approx. 2.6% & 7.5% against RM respectively from 30 Apr 20 up to date. This will translate additional pre-tax profit of RM190 mil from FY2020 to 2022.

Total borrowings approx. RM1.63 bil @ 30 Apr 20; 49%:6.5%:44.5% denominated in RM:GBP:AUD. Borrowings in foreign currencies are ringfenced against current projects in UK & AUD, hence easily can be settled with their future revenue.

Now, the cherry on the cake - the amount owed by joint ventures, Ecoworld London and Ballymore that would be paid anytime soon to EWINT. As at Apr 20, that is RM2.16 bil and with appreciation of GBP of 2.6%, now is RM2.22 bil. That is a whooping appreciation of RM60 mil in 3 months in EWINT coffers soon.

Hope it helps and happy weekend guys

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2020-07-29 09:47 | Report Abuse

Please share so that all the shareholders can address these concerns to the Board of Directors of Tune. In the meantime, stay safe

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2020-07-29 09:43 | Report Abuse

My new post on Tune, an associate of Air Asia Group

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2020-07-29 09:41 | Report Abuse

As promised, my new post on Tune

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2020-07-28 19:55 | Report Abuse

Will post something later on Tune. Stay tune!

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2020-07-28 19:54 | Report Abuse

I keep raising questions directly to their investor relations team and Cc Tricor and MSWG. Hope it will be incorporated in the forthcoming AGM.

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2020-07-26 13:36 | Report Abuse

My new post on Build-to-Rent (BTR) model and how it could become the growth story for Ecoworld International for someone that want to diversify into overseas properties. Happy weekend guys

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2020-07-26 13:34 | Report Abuse

My new post on Build-to-Rent (BTR) model and how it could become the growth story for Ecoworld International for someone that want to diversify into overseas properties. Happy weekend guys

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2020-07-26 13:32 | Report Abuse

My new post on Build-to-Rent (BTR) model and how it could become the growth story for Ecoworld International for someone that want to diversify into overseas properties. Happy weekend guys

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2020-07-26 13:31 | Report Abuse

My new post on Build-to-Rent (BTR) model and how it could become the growth story for Ecoworld International for someone that want to diversify into overseas properties. Happy weekend guys

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2020-07-26 13:29 | Report Abuse

My new post on Build-to-Rent (BTR) model and how it could become the growth story for Eco World International, a 27% associate of Eco World Development. Happy weekend guys

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2020-07-26 13:27 | Report Abuse

My new post on Build-to-Rent (BTR) model and how it could become the growth story for Ecoworld International. Happy weekend guys

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2020-07-26 10:51 | Report Abuse

3rd update on questions to raise in the coming AGM on 17 August 2020. Happy weekend guys

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2020-07-24 16:49 | Report Abuse

My brief evaluation on this supply contract. Happy weekend guy