Yeah, me too. A resilient company that doesn't depend on BDI rates somehow. Good for them!

No, tomolo ppl will buy like mad. U c "HSLeong" today. U c 0020 q buy today. Gamblers liao...

Another Transmile in the making?

looking back at the osk report last q , the final full year earnings seems to hit the target mah ... Rm2.2B (vs 2,137.6 consensus in the report).

yes, i am biased .




Attached File(s)
 Genting_9MFY10_Results_Review_20101126_OSK.pdf ( 80.74k ) Number of downloads: 14

Say Goodbye to Transmile

Delisting next month unless miracle

look at the cash level.

http://www.maybulk.com.my/investor/finanical_info_page1.html

vs latest 1 here

http://announcements.bursamalaysia.com/EDM...10%20Q4FY10.pdf

this Q result so good ? u know why?

Nah I don't think so, their cash flow generation is good. Since their main business is tax free, you can compare their revenues from freight operations and actual cash generation is almost same. Unlike Transmile and other companies that report very good results but no cash to show for, which is a sign of some form of creative accounting. So Maybulk definitely is no where near a potential Transmile in making.

The operating profit actually fell 39%.

Ok, picture clearer now.

Dividend 10 cents declared.

so who want to become hero and buy up megb tmr ? PE seems to be very low.

Haha..
I think i got enough of this type of game..
Only will watch it die...

Yup cash levels are dropping fast due to their high dividend payments which is not sustainable unless BDI rates goes up again. But cash generation capabilities are still intact, just not as much.

I once 'downgraded' this share because of the un-sustainability of their cash for dividend payments. And the fact that they were selling their vessels also meant less ships to run around, though this also lessen their operating fixed costs. Somehow or rather with contracted services with TNB, they are able to keep going profitably but with lower revenues.

Anyway, good management are hard to find. Just the fact that the suppressed BDI rates, more competition (more ships in the market) and even less customers are stumping the future growth of this company. Which is the only reason I don't see much prospects for it to continually pay 30 sens dividends and further capital appreciation unless of a take-over.

I hope the recent share price falling already factor in this financial result...............no more dropping tomorrow

I hope GENTING and HONG LEONG will pull all counters up tomorrow...
^^

kulim kulim the marvelous kulim .

http://nexttrade.blogspot.com/2011/02/kuli...ake-profit.html .

drsaleh , still in ?

but it will received two more vessels in 2011 so if bdi not going norths, armagedon lai liau .....

Stocks close at 52 Week Low
AIM
BASWELL
D&O
ESCERAM
LCTH
PREMIUM
SILKHLD
BIOSIS
FOCUS
TPC
KURASIA
DUFU
TOPGLOV
RCECAP
NTPM
DSCSOL
KSTAR
CNOUHUA
GENTING-CW
AGLOBAL

This post has been edited by mazda626: Feb 23 2011, 10:40 PM

Tanco still enter at 0.42?..will it be goreng like HWGB?
I`m not greedy..just wanna earn me a new camera..hehe

This post has been edited by BboyDora: Feb 23 2011, 10:46 PM

worldwide commodities futures all hambalang drop today

what's wrong with Kuala Lumpur..... why we always go to headlines when there's a protest or demonstration ?
worse still.. this is against LIBYA leader.... but someone they link to Kuala Lumpur ? W T F ?

we're at SouthEastAsia.. not MiddleEast.....

This post has been edited by mopster: Feb 23 2011, 11:10 PM