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Lay Hong Innofarm I Believe Is Deleveraging

There have been quite a bit of interests and debate on Lay Hong (9385) with the recent collapse in its price. The general consensus to date is with the near 45-50 percent drop, it is time to buy. A good buying opportunity based on the business outlook of the group. You can check out some of the comments in blog-space plus take in the comments by...

Xinghe Caught In Anti-Pollution Clamp Down

A sad and terrible fate awaits shareholders of Xinghe (previously Key West Global), a company which on paper looked pretty decent when a China asset was injected in at a low 3.5x PE. Sans the usual dosage of skepticism about all things Chinese or from China, I must say that I do have my sympathies for its major shareholders (Testa Holdings China...

Yong Tai In The Shadows Of A Skyscraper Index Moment

Cash crunch! Fake islands. Paving oceans with concrete. Nice literary touch from David Fickling in Bloomberg on Skyscraper Index and omen of market crashes. https://www.bloomberg.com/view/articles/2018-09-01/boom-in-artificial-islands-could-presage-financial-crisis Unfortunately, it is not good for Yong tai (7066). Not since Maybank IB update...

Hartalega's AMG and USP 800

I am trying to make sense of this 'new' news on Hartalega (5168). Here is a flash note.  http://www.theedgemarkets.com/article/us-hygiene-push-could-fuel-rubber-glove-boom-half-world-away One, wearing two pairs of gloves is obviously good all round for everyone including Hartalega. Two, whether this makes sense in practice (comfort). Three, wou...

Bumi Armada Yes I Think So

Here is CGS-CIMB's write up on Bumi Armada (5210)   armada.pdf Kraken has been the biggest millstone on Armada's share price the way I see it. The acceptance provides clarity for investors minus negative surprises. Was the drop in price yesterday a knee jerk reaction? Personally I think it was but do read the report as the near term sentiment r...

Utusan Is There An Angle

Utusan (5754) - here is an interesting trivial (post) about how the Group have managed to tread water albeit with its nose under water in the last 5 years, easy.  That isn't the scoop for this post. It is about what happens when the free pass is gone now that UMNO is at sixes and sevens? Even its leader appears to have gone into hiding - I have...

Inari FMs versus Analysts Who Will Triumph?

Here is a 'on the fly' echo on how I see sentiment moving following the release of its 4Q results last night on Inari (0166). Not a surprise that the market is reacting negatively to the disappointing performance. Stock fell to RM2.25 12 sen drop but off the lows as I jot this note. JPM put out a negative note on it recently which I shared with...

MyEG Pimp It Up!

Wow .... MyEG (0138) gets another pimp-job. Importance? High. Why ..... white boys clubs .... heavier influence than say BIMB which has a RM2.60 on it, for a while now but to little effect.  

MyEG I Am Going (Went) In (May 17)

D-Day this Friday. SST 2.0 kicks in. MyEG's fate on the line. Judging by the strength of this morning's run, 2 possibilities. One, 4Q ended June numbers are good. Two, that and good news on SST 2.0. Either one, outcome is good.  Here is a timeline of how it all went down for me or up on this thread that started the day PH/GE14 wreak havoc on inv...

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...