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Malton A Better Deck Of Cards

The general street/social media consensus opinion on Malton (6181) following its announcement two weeks ago that it has extended an invitation to Pavilion REIT to take a stake in its Pavilion Bukit Jalil (PBJ) mall project is that at current market valuations, the mall is 'free' and one should therefore buy at current prices. Downside is limited...

JAKS Why Isn't Any IB Writing Call Warrants On This?

Ha.... lol ....what near perfect timing and coincidence to be talking about the same subject.  KYY speaks of a pivotal point, again another same page point which he is right. The signs are emerging - the positive divergence in the MACD being my light at the end of this tunnel. A lower low in its share price but higher high on the MACD readings....

JAKS Break In Force Selling Creates A Much Needed Breathing Space

Here is a small sticky note on my recent comments on JAKS (4723) of which there were 4 this month. This one revisits the passing comment on a total exit out of JAKS by KYY. This was the highlight from the 2 August post. It deserves a follow up comment given the seeming appearance of stability in its stock price of late. I get the feeling, judgi...

MyEG CLSA Second Higher TP Post GE14

For your reading pleasure. A report on MyEG (0138) by CLSA and the second higher TP since GE14. BIMB to its credit stuck to its guns with an even higher TP of RM2.60   clsa.myeg.pdf Essentially, this report .... nothing new. Only difference is investors sentiment have flipped back to more gullible from skeptical mode. So odds of a sell-through (...

Cool Wind Blowing In

Will this cool the market tomorrow? Probably, if investors think this high stakes negotiations at the table ended badly for Malaysia, falling for the claptrap by the author of this opinion in Malaysiakini just this afternoon.  https://www.malaysiakini.com/letters/439844 I am not sure though as the disastrous meeting looked manufactured. The con...

Utusan You Must Be Dumber Than Dumb N Dumber

Back in 2015, I had this to say about Utusan (5754) - as I am sure many of you would have felt the same way too.  With it making the headlines this morning albeit all for the wrong reasons, who will save it, now that its decades old back stopper - UMNO - is dead - for all intents and purposes. Will the President of UMNO with all his supposed hi...

MyEG Oy Oy Oy

MyEG (0138)  MyEG is enjoying a 'Price and Volume break' this morning. A good sign.  MySST kicks off September 1 - just round the corner. Let's see who gets the contract.   

Inari Amertron JPM's Sell Report

FY reading pleasure. The report that drove the share price of Inari (0166) down since last Thursday. jpm_inari_amertron_berha_2018-08-15_2749938.pdf In a nutshell, this 51 page report was flawless in terms of how well the analyst presented his arguments. I like the way in which he uses an old trick in shaping investors stance by leaning heavily...

MyEG What I Think Of The 50m Married Deal

Last Thursday, the major shareholder of MyEG (0138) Asia Internet Holdings sold via a married transaction a block of 50m shares at RM1.20 per share. The buyer does not need to report it not unless if he breached the 5% rule as a result. Tongues are already wagging betting on whether that sale confirms and is the widely rumoured nominee block hel...

Scomi An 8 Sen Distressed Counter

Scomi Group (7158) turned out to be one of IJM Corp's worse investment calls. It took a position in 2012 to much fanfare about the great opportunity to venture into the high growth potential of the O&G sector. And for a while, it looked like they were right but, unfortunately for IJM, the chickens came home to roost.  Here is a quick recap...