Truthseeker: how did u get smrt overpaid to megb? They bought with 0.60 but now value is 0.67, I'm fact they gain 10%+ paper profit. Furthermore, Would u buy a company if u do not have confident to turn it around?
Kingston1, if good as you think, why SMRT drop? All of you are cheated by Alpha Trader.
I suggest not to hantam people, we all know, nobody has the obligation to help you earn money. We discuss something more meaningful regarding to SMRT.
1. So far what is the progress of MEGB to dispose their property? to whom? I guess after this done, Creador and SMRT will utilise the money for their payment (the money to bought MEGB's shares)
dear fellow friends, SMRT had been playing the same game over and over for these past few weeks. It fly up for 1 day, catch all the bilis in and then down every day to kill contra player.... so those who wish to pick up these stock can wait until 0.545/0.540. Believe me, I've seen how it's play. Now repeating again. .
MEGB losses has reduced from 167mil to TTM 36mil. SMRT 4Q report is released end of March. If SMRT imports 31% of MEGB's P/L into it's income statement, it would be P/L for the period mid Feb til end March. 31% of 1 1/2 half month losses (not necessarily loss because MEGB stared making profit last Q) from MEGB is further split between SMRT&Creador. It would be insignificant after further offset by SMRT's increase in earning. How about the subsequent Q? Well, if they can reduce losses from 167mil to 36mil in 9 months, we should be optimistic about outcomes in June. I opine there's no issue regarding to the acquisition. The only thing needs to be comfirmed is acquisition cost of 112mil is a mistakenly reported by CIMB.
With such low volume can push 0.015 cents I can assumed that most of the sellers are gone. now only left with keeper. However T4 is coming. I think support will be 0.59 - 0.61 .. anything below 0.59 will be a bonus.
cobra boss: how's your pancing today? huh? why so little bilis in net?
little cobra : Sorry boss, today bilis don't want to be so hai anymore...we've been tricking them with the same method over and over again. I think they already know ! Boss, can you come out with more innovative idea to trap them? our jobs been getting harder n harder...
litle cobra: boss, there are a few sohai that you did not finished off for dinner during the last feast and they are making a lot of noises now that prevent more sohai to jump into the net. ; )
Cobra Boss : Dun worry, I purposely leave these little sohai around and am gonna feed them good to become very big sohai so that more hungry sohai will 自投罗网。。。。 LOL ; )
i thought cobra eat little mammals.... here, the cobra eat small bilis... hahahaha sometimes i heard people said "big shark"... whos bigger? big shark or cobra boss?
I believe Malaysia currency hitting new low will attract more overseas student come Malaysia for further studies. Smrt is consider very cheap now among all others education stocks eg Presbhd. PE only around 10x, whereas Presbhd close to PE30x. Seriously no brainer!
1. Management fees :- 5% of the monthly consolidated revenue of the MEGB Group of the preceding month, subject to a minimum sum of RM125,000.00, which are inclusive of all taxes, duties and surcharges of any nature payable on or by reference to such fees, save for goods and services tax which shall be borne by MEGB.
2. Performance-based option:- Upon MEGB Group in aggregate, achieving within the 3rd financial year from the commencement date of the Management Agreement (excluding any item of exceptional gain or profit of non-recurring nature by MEGB);: (i) RM5,000,000 profit after tax:- SASB may at its discretion subscribe for new MEGB Shares up to 5% of the then existing issued and paid-up capital in MEGB; (ii) RM10,000,000 profit after tax:- SASB may at its discretion subscribe for new MEGB Shares up to a further five per centum (5%) of the then existing issued and paid-up capital in MEGB. The subscription price of such shares is to be determined based on the five (5)-day VWAMP of the MEGB Shares prior to the price fixing date with a discount of ten per centum (10%).
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....
oregami
1,999 posts
Posted by oregami > 2015-01-29 11:53 | Report Abuse
Can Alpha Trader answer my question?