How do you all think about the Maksima Timur Sdn Bhd? from what I read from Choivo it seems quite fishy... having so much gain in revenue with so little plant and equipment
plane this morning landing now fly again...bus keep die fire and restart and die fire again! haiz... hope our PM Ding Ding faster announce CMCO extend again or end...
Investing sifu, after reading up on definitions of capex, free cash flow, I genuinely think there's no issue for Ptrans to pay share holders dividends. I agree with tksw sifu. It's just like good son daughter, while servicing various loans, continue to give old parents financial support!
It seems the company has achieved the main targets, such as the new terminal Kampar Putra, and get the tenants. The effects of CMO and covid on its business are not its faults. So is it fair to blame the company for its stock performance? I think to be fair, we should compare the company with other companies in the same business. Sifu here know which other company to compare with?
This stock for past few qtrs positive but never go up despite a number of almost bankrupt stocks shooting up. Perhaps after its warrant expires worthless in 19sep20, then mother may move. I wonder who stands to benefit if warrant expire worthless - it is in the interest of this entity to ensure mother don't move up until expiry day. I sincerely hope I am wrong.
"It is the interest of this entity to ensure mother dont move up until expiry day" @drobertp40 Are you implying that PTRANS wants its warrant to expire worthless?
No, if warrant expire worthless, mother shareholders and Ptrans stand to gain by no dilution in value of stocks due to surge in number of mother via conversion. The current warrant holders r the ones who stand to lose.
If warrants expire worthless, only mother share holder gains, both warrant holder and PTRANS loses because PTRANS can get 100M cash if all warrant holder convert
Ptrans is not losing, its recent few qtr results OK. Its stagnating a few cents below warrant conversion price - enough for warrants to expire worthless if mother don't move. Pelik isn't it? That's what I'm trying to understand and explain. Further, market shooting up like mad.
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....
i3Batman
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Posted by i3Batman > 2020-06-03 15:56 | Report Abuse
How do you all think about the Maksima Timur Sdn Bhd? from what I read from Choivo it seems quite fishy... having so much gain
in revenue with so little plant and equipment