Posted by kelvinfixx > 2018-12-05 20:56 | Report Abuse

tanta2020, my average for this counter is 1.00.

Posted by monkeyinvestor > 2018-12-05 22:09 | Report Abuse

my avg price higher than you still hold hahaha never give up!

Posted by kelvinfixx > 2018-12-06 09:31 | Report Abuse

I have buy alot at the current price to average to 1 from ipo price 1.8.

Posted by tantan2020 > 2018-12-06 10:59 | Report Abuse

wow, my price is 0.98.....haha...lets cheer up together...XD

Posted by Mas_Hendra > 2018-12-06 18:36 | Report Abuse

The company is looking for quick bucks; no intention whatsoever in grooming RE.

https://www.afr.com/street-talk/rothschild-tapped-for-500mplus-macarthur-wind-farm-sale-20181205-h18quu

Posted by star_talisman > 2018-12-07 09:28 | Report Abuse

I think even if they sell, it's for something even bigger in RE

Posted by commonsense > 2018-12-11 03:20 | Report Abuse

Another below par quarterly result delivered by the company in 3Q18.

Even though the company managed to deliver a PATAMI of RM83.5mil in 3Q18, this was mainly due to the RM55.3mil one off gain from disposal of Lekir Bulk terminal to Integrax (subsidiary of TNB). Excluding the one off gain, PATAMI would have fallen to only RM28.2mil which is the lowest ever core profit recorded since its listing.

The below expectation quarterly result was mainly due to unplanned maintenance for 3 of its power plants (Tanjung Bin, GB3 and Kapar Energy Venture).

It is expected that the 4Q results to be negatively effected by the Tanjung Bin boiler leakages and voltage regulator issues where repair works were only completed at the end of October.

9m core PATAMI profit fell by almost 50% to RM134 mil vs RM266 mil recorded in 2017. Core net profit is expected to see negative growth again for FY18. The group has yet to be able to deliver any full year core profit growth to its investors since its listing in 2015.

The main reason for the below expectation results of the group is the Tanjung Bin power plant which was initially supposed to be the earning growth catalyst for the group (as presented in the IPO prospectus). The power plant has consistently faced with unplanned maintenance every year since its first operated in early 2016.

Average PATAMI for FY19 from 4 analysts is RM209.9mil. At the current share price, the company is currently valued at 18.6x PE.

I still think the company will be able to record some profit growth in 4Q18 given that 4Q17 only managed to record a PATAMI of RM43mil (2nd lowest quarterly profit recorded since listing). If the company failed to beat last year result (maybe due to higher than expected cost from the reparation of Tanjung Bin boiler wall leakage during the quarter) you can expect that some investors might decide to shift their position to other companies.

For those already invested in the company, be prepare for some volatility in the near future (in anticipating the 4Q18 result).

Those that are interested in the company should wait and see the 4Q18 result first.

If you are looking for companies outside of the Power Industry to diversify your portfolio, i would recommend you to look at MBMR (https://klse.i3investor.com/servlets/stk/pt/5983.jsp).' target='_blank'>https://klse.i3investor.com/servlets/stk/pt/5983.jsp).

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.0x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.6x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions.

Hope Malakoff can start to deliver the profit growth that is expected of them in FY19. Hopefully there will be no more unplanned maintenance for next year.

Good luck

Posted by tantan2020 > 2018-12-12 10:14 | Report Abuse

kelvin, when you cut, please let me know. now keep lower low.....it might need to trap for few year.

Posted by naruko > 2018-12-12 11:29 | Report Abuse

slowly collect

Posted by baohulu88 > 2018-12-12 11:42 | Report Abuse

another new low.

Posted by naruko > 2018-12-12 12:54 | Report Abuse

can down further, since TH want to dispose. so slowly collect

Posted by monkeyinvestor > 2018-12-12 15:40 | Report Abuse

okay we go to holland tis time wakakak

Posted by sasword > 2018-12-12 15:46 | Report Abuse

Blow like no tomorrow also no use, lastly Holland u go also.

Posted by naruko > 2018-12-12 16:00 | Report Abuse

feel bad, I am on the same boat, haha

Posted by baohulu88 > 2018-12-12 16:19 | Report Abuse

salute, sinking together.

Posted by juzaguy > 2018-12-12 16:53 | Report Abuse

wow... speechless really... how low can it go.... good company but share price cannot perform

Posted by tantan2020 > 2018-12-12 17:13 | Report Abuse

walou...still got people collect....as i said dun fall in valuation trap...... anyway, i paper loss more than 20% already, lets trap together....XD

Posted by kelvinfixx > 2018-12-12 18:25 | Report Abuse

Tantan2020 I am collecting today, i am trap since long time ago. Today another new long, share buy back still the share price that low, mean malakof collecting low...

Posted by kelvinfixx > 2018-12-12 18:29 | Report Abuse

Maybe TH is disposing to cover their lost, to pay devident?

Posted by nkk53 > 2018-12-12 21:45 | Report Abuse

Waiting for 0.70 sen

Posted by mf > 2018-12-12 21:51 | Report Abuse

Sell

Posted by freddiehero > 2018-12-12 22:42 | Report Abuse

17/10 i have said mayb 0.50

Posted by naruko > 2018-12-13 07:25 | Report Abuse

TH is revising their portfolio, next year will decide which stocks to reduce their share
people are just selling before bad thing comes, haha
hope can buy at lower

Posted by mous > 2018-12-13 07:25 |

Post removed.Why?

Posted by kelvinfixx > 2018-12-13 07:56 | Report Abuse

Buy.

Posted by naruko > 2018-12-13 08:08 | Report Abuse

0.7 then 0.65 then 0.6
will buy more

Posted by naruko > 2018-12-13 10:18 | Report Abuse

come, I'm waiting 0.7
I'm here to save sinking boat

Posted by tantan2020 > 2018-12-13 10:29 | Report Abuse

ok, kelvin, lets stay together. XD

Posted by kelvinfixx > 2018-12-13 16:18 | Report Abuse

Naruko, faster la, now ship left.

Posted by naruko > 2018-12-13 16:26 | Report Abuse

what? I'm already on the ship actually, at 0.88

Posted by naruko > 2018-12-13 16:26 | Report Abuse

just thinking to buy more at 0.7
but no chance today

Posted by kelvinfixx > 2018-12-13 16:34 | Report Abuse

Naruko, 0.88 is good actually.

Posted by naruko > 2018-12-13 16:41 | Report Abuse

haha, I like dividend stock, this for my long term

Posted by tantan2020 > 2018-12-13 17:15 | Report Abuse

naruko there is plenty of dividend stock outside....no need to focus on this stupid ships....XD

Posted by naruko > 2018-12-13 18:19 | Report Abuse

no focus, I will buy more only if hit 0.7
do not worry, I have other counters too

Posted by nkk53 > 2018-12-14 11:33 | Report Abuse

Bought all above 0.95.Now hope to buy below 0.70 to reduce losses

Posted by monkeyinvestor > 2018-12-14 11:38 | Report Abuse

tis stock ard bought in 20-30k last time forgot ard haaha gone in my memory

Posted by signalmw > 2018-12-14 17:03 | Report Abuse

rebound

Posted by signalmw > 2018-12-14 17:04 | Report Abuse

cannot buy cheap

Posted by signalmw > 2018-12-17 17:50 | Report Abuse

吉隆坡17日讯）欧洲和中国公布的最新经济数据令外界愈加担心，2018年底的疲软增长势头将会转化为明年的更大幅度滑坡，因为多年来的全球经济扩张趋势走到尽头，贸易紧张局势形成冲击，同时消费者也在控制支出

Posted by signalmw > 2018-12-18 12:12 | Report Abuse

go down 0.73. wait hete

Posted by kelvinfixx > 2018-12-19 21:04 | Report Abuse

Should have buy more.

Posted by kelvinfixx > 2018-12-31 11:34 | Report Abuse

Buy now if you have the capital.

Posted by luckypunting > 2018-12-31 13:03 | Report Abuse

why so sudden?

Posted by 79vloy > 2018-12-31 13:31 | Report Abuse

why? what happened... up2 today...

Posted by tantan2020 > 2018-12-31 17:09 | Report Abuse

last day window dressing, but shooting star.....what a great operate....=='', almost fall in trap.....fxk

Posted by luckypunting > 2019-01-03 16:45 | Report Abuse

Hmmm ... this operator ... want to do what?

Posted by kelvinfixx > 2019-01-03 20:54 | Report Abuse

Do what? Push to 1.

Posted by baohulu88 > 2019-01-15 16:45 | Report Abuse

incoming

Posted by tantan2020 > 2019-01-15 17:23 | Report Abuse

what happen? last min up, last min down, left pass right?