Haha, Tksw sifu, last night already I sent exciting message out, too excited until I forgot to buy :( you didn't remind us leh, pai-si lah lu, but kawan don't mind one, but remember to remind us to buy hot.....anyway I very full liao but bot 185, driver will bring us to 190,195,....210....just wear seat belt like spielmacher warned!!
Shiok, kegiatan lombong 16 tahun for 10 m depth, and by then technological progress can mean economically feasible to go another 10m deep! Can hold Ptrans share for 20-30 years and pass to my children as souvenir, haha.
LuckyGor,if you do the math, have the time, and with some luck, it's ok to do some day trading. If no time, I think just go long time scale. Just do what suits one's situation. Hope to stay in this counter for long time so see you around!
Happy, betul, banyak natural resources lagi kurang natural disasters, plus ramai orang hati baik, kerja kuat, talented/willing to learn, negara boleh maju....tetapi political leaders mesti bersih Dan ada caliber, yang makan duit kena dijatuhkan. Hakikat: Dulu RM 1=1sgd=0.4usd, sekarang,RM3=1sgd, RM 4.3=1usd
Based on preliminary back-of-envelope calculations, the 30%-JV could see capex of ~RM15m (based on two small lime kilns), and potential net profit contribution of ~RM3m/year, about 6% of our FY21F estimates.
Tried to understand how public investment calculation by my own slightly different way: by proportional reasoning Mega First needs 8kilns to handle 1960 MT/day, so 3 kilns handles 1960*3/8=735MT/day, so 3kilns are needed. Capex of 3kilns is 3*25mil=75mil. (Public investment estimate is 2kilns, so I am more conservative here).
The 8kilns contribute 18.4mil, so 3 kilns contribute 18.4*3/8=6.9mil, from which Ptrans gets 30%,ie 2.1mil Vs public investment estimate of 3mil.
PTrans share of capex for 3kilns, assuming it pays 30%, is 75*.3=22.5mil.
The above is for limestone only, the sand not included. I hope my small effort in showing you my calculation will help you and in turn help me to get better understanding of the whole business. Kita gotong royong hor:)
Haha, not bad idea, in case got extra manpower, can help lah, although it's not Ptrans responsibility to do the physical mining operations. You not positive meh? I positive leh! Buy rate is 95%now, think will soon be 190, and not surprised if hit 195 before closing. Enjoy naik bas hari ni!!
No worries, still many have faith, so will not simply sell, regret too late. From what I can see, Ptrans and Gemas perunding already good friends, so now their friendship just expand, and build on each other's strengths. So, hold tight is my conclusion :)
may be people check and find buses running liao, wondering where 8dragon got his info.... dragon pls be kind, fly high, watch and help guide the Ptrans bus drivers to their destinations safe and sound! Thank you in advance!!
In just 5 mins around 4:05pm ~RM 1mil traded, then in last 10 mins another 0.5mil. Impressive. Is this to prepare for what I just said in the morning "sooner or later it will take off one day"??? Though the pace is surprising, it's not illogical to me....mining just announced, express buses back in full action, price is low....so natural to buy now!
But hard for me to understand the RM 0.5mil transations in the last 10 mins. Why? At 9am, only 16194 lots (~RM 300k) queuing to sell at 185, so if someone die die must sell today I imagine he would have queued at 185 and he would have sold it. Unless he queued at 190 instead, and finally had no choice but to sell at 180???
tksw sifu, yesterday 185 so laku, now also, that's why guess ticket can reach 190, with all the good news! .....also very reasonable to pay more for all the various covid19 precautions mah
Tksw sifu, you already bought 50 tickets at 185, good. Back from breakfast, and see ticket now really going at 190, nice! As mentioned, this is my average price from February as I felt anything less than 200 was jual murah..... so looks like fully recovered liao!
From here on Ptrans you should move steadily up, jangan gostan selalu, sekejap ok, no need to rush, nanti accident susah, just hold steady can already!!
Then many men want to take bus....but may be prevented by their the other half, haha, then bus rugi.
Just read the bursa announcement 23 June: 1. The expiry date of the mining rights agreement between Gemas Perunding Sdn Bhd and Menteri Besar Incorporation (Perak), whether renewable and if so, duration of the renewable period. The expiry date of the mining rights agreement is 7 May 2049. The mining rights agreement has a term equivalent to thirty (30) years, subject to review for every 10 years.
2. The breakdown of the total capital and investment outlay in the joint venture project. The total capital outlay in the joint venture project is approximately RM2,000,000, of which RM600,000 is to be borne by PTRANS Resources Sdn Bhd and funded through internally generated fund.
4. Whether the joint venture project/JV Agreement is subject to the approval of the relevant authorities. If so, the estimated time frame for submission of the application to such authorities. There is no approval needed from the relevant authorities.
5. The risks in relation to the joint venture project that the Company may be exposed to. The potential risk in relation to the joint venture project is the mining rights agreement being terminated by either Gemas Perunding Sdn Bhd or Menteri Besar Incorporated (Perak). This announcement is dated 23 June 2020.
The capital is so low, may be because can use many Gemas Perunding punya mining barang barang, no need to buy new....very good deal for Ptrans capital just 600k, but get return of 2-3 mil.
tksw sifu: Only way for Ptrans is up, even without bowling girl!
Why kena reject leh? Soli, yesterday guess wrong,reach 190 but volume so low. Perak Transform very good name...Transforming Perak, Make Perak Great Again!! Under PTransform, have Ptransit, PMining,.....tambah PBowling, haha Today, got some other work to do....no trading for me. Good trading to everyone, bye bye.
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....
tksw
12,831 posts
Posted by tksw > 2020-06-19 14:35 | Report Abuse
now got stronger buying signals liao... hope there will be more buying signals coming in...