Come on today vol is province year high . Share surged at open but down at class ? It clearly showed there are substansial disposal by people who don't believe in the com
There is no accounting oversight board in malaysia. An accouting oversight board was only established in the US after the Enron fiasco in the form of Sarbox or Sarbanes Oxley. Well you are most entitled to buy as many Ivory shares as you want. However, if you were to wait until something is formally questioned, you may not have enough time to escape the stampede. Fund mangers have started questioning .Ive worked in this industry before and there are fund mangers looking at this forum. I cannot name who.
When it comes to Benalec, gearing is a lot better than Ivory. There is no question as to whether they can service their debt or not. However, their GP (gross profit) margin has decreased. Many analysts questioned their insane margins (more than 50%) during their IPO but looks like they have trouble maintainig it now. The company is still in good shape financially but a huge increase in receivables couples with the lower GP margin indicates that they have some not so good paymasters among their clients.
The Audit Oversight Board ("AOB") is established under Part IIIA of the Securities Commission Act 1993 ("SCA") which came into force on 1 April 2010 to promote and develop an effective audit oversight framework and to promote confidence in the quality and reliability of audited financial statements in Malaysia.
Better exercise some caution. There is an anomaly between what aec claimed that and what some of their contractors claimed. Contractors claimed that their payments are delayed and they have been offered shares in lieu of payment and they are not agreeable to that apprarently.
hi impartiality, we are all here to win money and also not to lose money. your comments have been useful and saving many people from losing money. hope you can also suggest some stocks that can help people like us to make money. tq.
Hi, impartiality, few counters suddenly came down sharply (Coastal, MBSB, TDM, Batu Kawan, CBIP), what is your view on this, or can someone please share his view....
I havent been following plantation counters for quite some time. There is no sell off in CPO futures. However, I think sentiment in plantation has not been good since EU imposed a tax. Indonesia is spared
I am not allowed to share that given the nature of my job and what I am doing. However, Ive been told that foreign funds are taking their money away from malaysia in droves, hence the limit down for counters such as Batu Kawan and HSPlant which I believe have sustansial foreign holdings. US is widning down QE and many foreign funds managers are deleveraging. The impact on Malaysia is going to be disastorous compared to other nations.
That's why I can never understand why people are still considering buying a highly leveaged company like Ivory that makes 2 million a quarter. Its not as if they have not been warned.
just requesting you to share your personal stocks holding....nothing to do with your company's policy or what you do for a living.....unless you say that what you disclose tantamount to insider trading which is punishable by law...
On a personal level,I also trade a lot of stock and volatility options. In fact, most of my trading now are in options as it is the best way to profit from a volatile market. Start taking profits in stocks now. This global rally is liquidity driven more than anything else and liquidity is starting to dry up. Buy gold and hedge with put options
impartiality, what do you think of salcon and pesona ? These companies have been announcing securing contracts here & there. What are your opinions on them?
Hi impartiality, thanx for your comment on Ivory. Was not comfortable wth dis stock after reading ur comments n decide to dispose off . Gud px above .70 .
It's your call Sean but you wouldn't want be the last one in the stampede . I am not saying that it cannot go up but the risk reward ratio does not justify it . There are many undervalued counters with strong fundamentals out there. There are signs that the whoever that goreng this share has disposed
Matrix is a good buy at this price for exposure to the property sector. Ive been to their presentation before. Net cash and good dividend yield. Quite rare for a developer these days.Management has indicated their intention to pay a second dividend for the year.
Net debt Divident yield Ivory 250 mil no dividend since IPO Matrix Net cash >5% at this price
Ivory has not paid a single dividend since IPO. It has been more than 2 years now and management better has some good justification for that before their P&L becomes a concern. Please note that Ivory total debt is higher if you include debts from Speacial Purpose vehicle(SPV)
haha..you still here non-stop bad-mouthing ivory...your tag line is always others are more superior than ivory. Come on get a life.. you know what, you everyday bad mouthing ivory, hantu pun lari
cherry tomato. You are right. boh tan kiu liao. It is more than 20% off its peak and its considered bearish from a technical perspective now. In other words, Ivory has seen better days just like Crawler
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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....
fatinvest
146 posts
Posted by fatinvest > 2013-06-18 16:53 | Report Abuse
Good show!
We need more people like impartiality here!!
Give those Ivory 托a good kick !