Big oil nations will start cutting their oil production in May..definitely will lead to price hike ..which I believe will benefit BANL..Straits also will provide good QTR by the end of May..hopefully there will be a big goreng by May-June
banle usd19. that translate to Straits sitting on paper profit of rm650 mill. Hope Straits declare big dividend end of this year. Good investment by DS Ho.
Bills kebling lah haiyoh Last time big profit in valeron , thought Hengyuan will give the same. Then, lose 20k in Hengyuan,lucky 20k is RM not USD loh This round please double win yah. 0080 0.27 yah.
Better get the true and hidden stories of Straits. The paper profits won''t add much value for Ikan Bilis as the investment in BANL are for very very very long . Ikan bilis will lost oppotunities to makes better profit in other good counters. Straits are safe counter with no return or just a very besar kuman return on invesments.
How much do you earned after 5 years on this invesments?
It's in NOBODY radar screen except those kantoi for years. Volume traded and px movements are very poor and can be rated 1 out of 100.Even worst insider is selling too.
........ will benefited from CBL but not ikan bilis investor.Trying to kick out as much as they can just to keep the benefits @ dividen for themselves. Becarefull.
cut loss and move to malton Media keep report Pavilion reit buy pavilion mall But no mentioned about what malton going to do with RM 2.2 bil lei 2.2 bil / 2 /528 m = 2.08 but share price only 0.42 lei
Why media never report one? 2.2 bil in RM lei , media oh media always partner with banker
banl 3.19 Thanks to jeremy grantham tactics sell us stocks , buy Japan and emerging market S&P 500 will reach 2400 ? Lucky had sold all BANL last week lah But this straight lose money lei Recession is coming soon Prepare cash and keep value company only lah Malton will earn 2.08 through pavilion Bukit Jalil mall. Share price just 0.43 Crazy lah
Strait definitely something is cooking,For the previous one year, bankers was collecting chips and recently hit to 15cent its just testing out the market resistances and wash some player out there, and recently daily chart volume is decreasing with good buy rates. keep tracking and we shall see result in the coming 1/2months
pre covid (2019), revenue only RM600 mil, profit 7 million. Now business already increase 5x to 3.1 billion !!(2022)..but profit still 6 million.. Top management eat all profit from this company.
600M gain 500K = 0.0008333 %. If got this money put fix deposit , make more . But then if borrow money to make money.. then after nett off , making 0.0008333% hard to comment..and risk wise.....
Bro,dia sendiri mkn besar bulan2 dan tahun2.They comes in here once a while to say positive things so that u keep your money in here. CBL high US21.00 + now US 2.00 +,IPO is 4.00 How true is 500k ..doubtfull. Looks what happen to Sbdk. Put in Fix deposit ,what they want to eat?
CBL high US21.00 + now US 2.00 +,IPO is 4.00 How true is 500k ..doubtfull. --------------- Based on the first quarter ended 31 March 2023 report, their Investment in associates (CBL) recorded at RM28,483,000. It means the value of investment recorded at it cost value, and not at the MARKET VALUE of the company shares listed on the Nasdaq.
CBL International Limited (“CBLIL”) being an associate company of Straits, upon obtaining its listing approval by United States Securities And Exchange Commission (“SEC”), was listed on the Nasdaq Capital Market ("NASDAQ") on 23 March 2023. With this listing, the Company’s equity interest in CBLIL was diluted from 38.0% to 32.3% arising from the issuance of 3,750,000 new shares to new investors. The total number of CBLIL’s shares upon listing is 25,000,000 shares. With this, the Group has a dilution in value of RM2.7 million in its investment in associate which has been reversed from its retained profits.
"As at 25 May 2023, the Company has 8,075,000 quoted shares of CBLIL with a market value of RM100.9 million equivalent."
*It means on 31 March 2023, the market price of CBL was at USD9.5, therefore the market value should be around 8,075,000 x 9.5 x RM4.4125 = RM338,493,906. But it was recorded only at cost value of RM28,483,000.
Based on 8,075,000 quoted shares of CBL held by Straits, the market value of investment in the associate company CBL quoted shares for today 1.6.2023 should be 8,075,000 x 2.95 x RM4.615 = RM109,935,068.
I don't have any information about additional cost to buy/subscribe the said 8,075,000 shares, but we can see the ver big premium between the cost of investment recorded RM28,483,000 with the current market value of investment in CBL at RM109,935,068.
Sorry.. The analysis done only based on limited data which can be acquired.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kebling98
317 posts
Posted by kebling98 > 2023-04-13 23:59 | Report Abuse
Banl 17.90 lei
This stocks going to fly very high