Posted by rochak73 > 2015-08-21 10:50 | Report Abuse

new low 1.43. TQ syed

Posted by hng33 > 2015-08-21 10:51 | Report Abuse

Bought Malakroff at 1.43

Posted by kelvinfixx > 2015-08-21 11:00 | Report Abuse

It will bounce back soon.

Posted by hng33 > 2015-08-21 11:01 | Report Abuse

Dump all remain capital in Malakroff at 1.41

Posted by Arefiq84 > 2015-08-21 11:07 | Report Abuse

Buy more at 1.41...for me below 1.50 is still good buy...just need to wait to rebound...

Posted by hng33 > 2015-08-21 11:13 | Report Abuse

Crazy market, the most stable power business also want to slump....but is best for bargain hunter at cheap and reap profit later :D)

Posted by Investeye > 2015-08-21 11:36 | Report Abuse

Matched some lots at RM1.43&1.44, as the borrowing of Malakoff mainly on RM and very snall portion wad in USD &AUS due to operation need. It sales almost certain withbthe contact. Good opportunity to accumulate at attractive price.

Posted by spectrak04 > 2015-08-21 11:44 | Report Abuse

YTL Power & TNB price up. This guy down. ???

Posted by Investeye > 2015-08-21 12:01 | Report Abuse

That why market sometime is crazy, matched some at RM1.42 but q at RM1.41, 1.40 & 1.39

Posted by hng33 > 2015-08-21 14:53 | Report Abuse

YESSSSSSSSSSSSSSS recover back

Posted by hng33 > 2015-08-21 15:08 | Report Abuse

Sold back all at 1.46, realize quick and handsome contra gain

Posted by zahyus1 > 2015-08-21 15:12 | Report Abuse

KUALA LUMPUR (Aug 21): Malakoff Corp Bhd reported a 27% drop in second quarter net profit from a year earlier as revenue fell after its gas-fired power plants generated less electricity.

In a statement to the exchange today, Malakoff said profit also fell as the group's bottom line a year earlier included fair valuation gains from the acquisition of the remaining 75% stake in Port Dickson Power (PDP).

For the quarter in review, Malakoff said net profit declined to RM86.29 million in the second quarter ended June 30, 2015 (2QFY15) from RM118.08 million. Revenue dropped to RM1.3 billion from RM1.47 billion.

"This (profit drop) was mainly due to recognition of fair valuation gains from our acquisition of the remaining 75% equity in PDP in corresponding quarter, share of losses recorded by an associated company, which was partly offset by lower finance cost following the redemption of the unrated junior sukuk musharakah from initial public offering (IPO) proceeds in the current quarter," Malakoff said.

Malakoff said revenue fell on "lower capacity factor" at its gas-fired power plants.

Cumulative 1HFY15 net profit, however, rose to RM190.2 million from RM120.73 million a year earlier. Revenue was lower at RM2.64 billion compared to RM2.7 billion.

Looking ahead, Malakoff expects its FY15 financials to improve compared to the preceding year.

Posted by zahyus1 > 2015-08-21 15:12 | Report Abuse

http://www.theedgemarkets.com/my/article/malakoff-2q-revenue-falls-rm13b-power-plant-lower-capacity-factor

Posted by kelvinfixx > 2015-08-21 15:53 | Report Abuse

Cumulative 1HFY15 net profit, however, rose to RM190.2 million from RM120.73 million a year earlier. Revenue was lower at RM2.64 billion compared to RM2.7 billion.

Posted by hng33 > 2015-08-21 16:04 | Report Abuse

What a narrow escape....manage to sell at 1.46, lock in handsome contra gain, before it slump back again due to poor financial result.

Posted by hng33 > 2015-08-21 17:02 | Report Abuse

timss

I also just barely escape as capital need to swap back to YTL, therefore, quick realize contra gain first at 1.46 without notice that share slump is actually to response to its poor coming financial result, thought just due to crazy selloff

Posted by irisexy > 2015-08-21 18:10 | Report Abuse

Hopefully can hit 0.50

Posted by irisexy > 2015-08-21 18:10 | Report Abuse

Maybe lower possible 0.10

Posted by Investeye > 2015-08-22 10:11 | Report Abuse

For me the result is acceptable and coming q will be better.
The earning visibility is clear, debt is mainly in RM and dividend payout rate is 70% .

Posted by Michael Wong Yew Kong > 2015-08-22 12:22 | Report Abuse

lot of joker here. 0.50 to 0.10. i wish too but you slowly slowly wait.
Actually im wait maybank at 1.00, lmao.

Posted by tim09 > 2015-08-22 13:53 | Report Abuse

Cumulative profit for the year is still way better than last year, i would say anything from 1.35-1.45 is a bargain.

Posted by kelvinfixx > 2015-08-24 09:27 | Report Abuse

The market sentiment is weak, although I would say the revenue drop, but cumulative profit is not bad at all.

Posted by sudahkena > 2015-08-24 10:15 | Report Abuse

Hentam sj..1.34..... if down... cutloss

Posted by rochak73 > 2015-08-24 10:50 | Report Abuse

syed said even 1.80 not over price. He know we still talk good of this malakof, that's why price drop slowly slowly

Posted by Arefiq84 > 2015-08-24 10:59 | Report Abuse

Buy some more at 1.31...this is a good stock..juz market overeacted...still hve faith in this counter...gud luck everybody...

Posted by supernova > 2015-08-24 11:11 | Report Abuse

interesting price

Posted by Investeye > 2015-08-24 11:11 | Report Abuse

Accumulated few lots between RM1.34~RM1.31
Cheap sales!

Posted by kelvinfixx > 2015-08-24 11:18 | Report Abuse

I bought 1.31, interesting price. With more money I will go in again.

Posted by rochak73 > 2015-08-24 11:19 | Report Abuse

1.31 is history low. going for another history soon.

Posted by kelvinfixx > 2015-08-24 11:26 | Report Abuse

rochak73 2.10 height history soon.

Posted by rochak73 > 2015-08-24 11:29 | Report Abuse

long long time to wait...

Posted by rochak73 > 2015-08-24 11:39 | Report Abuse

so how now 1.28, since good stock should buy more?

Posted by Investeye > 2015-08-24 11:53 | Report Abuse

Q some lots from RM1.28~RM1.26..

Posted by rochak73 > 2015-08-24 11:56 | Report Abuse

investeye good luck. hopefully u don't have any chance to q lower. already many bleeding tears

Posted by LookforFuture > 2015-08-24 12:07 | Report Abuse

nevr happen b4 , very good price to buy . bought 150 lot this morning at 1.34

Posted by kelvinfixx > 2015-08-24 12:08 | Report Abuse

wow 1.29, fire sales la.

Posted by timss > 2015-08-24 12:17 | Report Abuse

all falling like hell.....

Posted by angku > 2015-08-24 14:35 | Report Abuse

when it is going cheaper and cheaper...

Posted by sudahkena > 2015-08-24 15:24 | Report Abuse

What happen our market??? Jibby still relax...

Posted by Michael Wong Yew Kong > 2015-08-24 15:32 | Report Abuse

Jibby say no problem don't worry be happy. you help me i help you.
Malakoff buy cheap sales. :)

Posted by kelvinfixx > 2015-08-24 15:43 | Report Abuse

I should have wait till now to buy. since no body dare to touch now...

Posted by Michael Wong Yew Kong > 2015-08-24 15:47 | Report Abuse

Current price 1.27 is cheap for my personal view, wait for technical rebound to 1.55 if ringgit strengthening against USD.

Posted by kelvinfixx > 2015-08-24 16:04 | Report Abuse

very cheap, but I don't think many Malaysian is daring now.

Posted by Investeye > 2015-08-24 16:07 | Report Abuse

Last bought at RM1.25, will stop here and start another buy in if price close to RM1.20

Posted by rochak73 > 2015-08-24 16:08 | Report Abuse

you're right. Many dare already went in earlier. DJ future indicates 2% drop. Tomorrow will be another day

Posted by Michael Wong Yew Kong > 2015-08-24 16:09 | Report Abuse

Support at 1.25,if this break next support at 1.10.
Technical Rebound 1.55 -1.60.

Posted by kelvinfixx > 2015-08-24 16:09 | Report Abuse

Bought so cheap, I bought 1.31, I thought that will be lowest of today.

Posted by Michael Wong Yew Kong > 2015-08-24 16:10 | Report Abuse

Brought 1000 lot at 1.27.

Posted by Investeye > 2015-08-24 16:19 | Report Abuse

The visibility of Malakoff is still very clear (even the economy is cloudy recently) and present profit down mainly due to one of the plant which still manageable. The debt majority was in RM (is visibility good with secure contact, the risk can be mitigated compare with looking for sales). 70%dividend policy will give a plus...

Posted by kelvinfixx > 2015-08-24 16:27 | Report Abuse

70%dividend policy will give a plus... that is my point.