Dompeilee, its grand deal vision sell shares to mustakim.
Grand deal vision shareholdings consist of two person name, which is mustakim and sarah. So the joint shareholding of mustakim and sarah under grand deal vision, DBT shares to mustakim under his own name.
Other fundamental analysis and technical analysis, need to see the sentiment also, if got bad sentiment cause by individuals or another company, please dont stay near.
Oskchoon, technically only Serbadk has audit problem, Scib problem is they cant submit their annual report on time because late appointment of auditor. But market sentiment made it bad so Kpower is the victim, imagine if the major shareholder own share like genetec, airasia or dnex, all these will be blood bath as well. Thats market sentiment! Do not catch falling knife!
Agree with Kang's analysis. Jtiasa P&Lnumbers over the years, on the face of it, are simply miserable. However, if you scritinise the cash flow. and the growth in the value of the plantation assets, you will agree with Calvin Jtiasa is a treasure waiting to be discovered. Even in a very bad year in 2019, (with Cpo price at 1,900,) JTiasa registered a net operating cash flow of over 70mil and continued debt repayment.
With strong financial discipline JTiasa debt has declined from around 1 billion to 600mil while at the same time grow the plantation assets. No share placement or right issues but thru cash flow generated from the growing plantation assets. Growing plantation assets as the Jtiasa a lot of capex went into cultivation and building oil palm mills
The timimg can never be better - age oil palm plantation at its prime and Cpo at RM5000.
The enterprise value is only 1.5 Bil while its oil palm plantation asset alone is easily worth over 4 bil.
The time is ripe for JTiasa to reap the fruits of labour over the past decade.
Since Rakuten Research put kpower at RM 1.28, and Private Investor pay PP price at RM 0.68 and we can buy at only RM 0.47 and tomorrow onwards, may be cheaper than RM 0.40, why not accumulate average down everyday until it rebound, everything goes down must go up one day, moreover kpower is paying 2 sens dividend..
So we smart ppl will keep on accumulating kpower cheaper and cheaper each day until it reaches the bottom price of 0.005, isn't it wonderful to pricing buying average down everyday..
Ppl here all talk like when gloves stocks started falling.....Down 50% why can't buy, then jatuh again said just sapu n wait for 3 months, but all gloves stocks crash again said don't worry bcos their div yield are high .......After 1 year all big timers bankrupt !!!!! If 2 or 3 gloves stocks price keep falling you sapu may b OK, but don't you notice ALL the gloves stocks Non Stop falling, that mean something very very very very bad is going to happen in gloves industry. If 1 or 2 of Karim group is falling then you sapu is OK, but when ALL the groups including suppliers are falling !!! You think who is running ? Understood all bankers n big investors ! This damage will take 3 years to recover !!!!@
oskchoon Since Rakuten Research put kpower at RM 1.28, and Private Investor pay PP price at RM 0.68 and we can buy at only RM 0.47 and tomorrow onwards, may be cheaper than RM 0.40, why not accumulate average down everyday until it rebound, everything goes down must go up one day, moreover kpower is paying 2 sens dividend.. 28/10/2021 6:58 PM
This is the most sensible post after so much nonsense from lapsap no brained naysayers!
Private Placement at 68 sen all taken up by Funds.
Now 47 sen just sold down by Mr. Market swooning sentiment
Time to buy from Crazy Mr Market
If Mr. Market throws more just take over from him
Thought Leno knew Benjamin Graham?
Today her fainting fits show she knows and learn nothing from the Great Ben Graham
Panic selling will stop at one point. Now is not the time to risk yourself. Stay away better.
Calvintan, you should ignore users like leno/newtrader because they dont seems to understand english, or any sentences that written in media/report and so on. Perhaps they lose tons of money in these related counters.
Kpower falls because it has the biggest common share holders but kpower annual report is perfect and profit growth is is is there with RE business, in this scenario of good company, when everyone is panic selling, we should also do panic buying at lower and cheaper prices...
When there is plenty panic sellers in a profitable stock due to outside factors, I am happy to be a panic buyers to accumulate cheapest shares I can find..
Just imagine, if kpower biggest share holders not involved in the Serbadk auditing issues and SCIB annual report problem, you think there will be so many panic sellers to suffer losses by selling kpower shares at a very low prices like 40 sens, 30 sens, 20 sens or even 10 sens in the open market like today..
Yu_and_mee Basically the fall of kpower today shall included force selling by ib and followed by panic sell. With retailers consisted of quite large percentage of shareholdings, can assume many retailers decided to cut loss yesterday and tomorrow (if you look at social media/forum that many claimed they had cut loss) because of market sentiment. And mainly because of karim. He cant do anything. The panic sell might only stop after serbadk SIR report.
but your comment is hahaha, that's no feeling? Yes, their problem. People learn from mistake and made mistake. We don't laugh at them when they are in deep shit and anxious. ---------- Buylowandrun Yu_and_Mee why you so happy? you not sympathy to those holding?
no feeling, investment got risk. loss and gain own problem la 28/10/2021 8:07 PM
This counter only record profit starting 2019..at 148k. 5 years before that all incur losses in millions..then suddenly in 2021 jump how many fold to 37mil..now with serba and scib issue don't know this figure can believe or not.
personally, i think mistake is ok, just don't keep repeating the same mistakes. when people fall down, never laugh at them because we did fall down before or may also fall down again in other places. No one knows. give courage and share possible reasons of mistake. No laughing, teasing. Let's don't be keyboard master on those made mistake. We never know if our words may indirectly causing them to corner and doing silly thing. No everyone has iron heart like many of you.
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....
taco89
202 posts
Posted by taco89 > 2021-10-28 18:19 | Report Abuse
Dompeilee, its grand deal vision sell shares to mustakim.
Grand deal vision shareholdings consist of two person name, which is mustakim and sarah.
So the joint shareholding of mustakim and sarah under grand deal vision, DBT shares to mustakim under his own name.