If u look back at the chart, the price hovering at 2.5-2.7

Even today sell down, lowest price was 2.61

So my 2 cents is, something is brewing

Don't forget the USD factor, this superman tarak buat hedging 

If the money received didn't distribute out as special dividend, sure hailat already

This Rozali, seriously i don't trust on him

make so much, still so kiam siap

Oh ya kah, raw material in USD, loan in USD, no wonder profit a bit only

I still Hartalega

I already decided la...
If I wanted exposure in the plantation sector, I think I will choose this one over CBIP.


Old man meh?
Maybe apek sikit cos I think due to the free float in market ...

Interested cos...
Last time...
Made nice money in it before...
Didn't feel it being an apek at all....

Now I am just waiting........................

Flying Horse 2QFY14 results met 47% revenue and 38% earnings of our full year estimates. With continued challenges in the respective divisions, revenue QoQ improved marginally to RM123.2m (-3.6% YoY, +9.2% QoQ), due to higher revenue generated from the manufacturing and food divisions. Net profit for the quarter increased to RM16.3m (-14.5% YoY, +11.4% QoQ) in line with revenue. We continue to like Flying Horse for its i.) well-diversified 5-business company with strong balance sheet support, ii.) continued undervaluation at 6.7x fwd-PER, iii.) results should meet our estimates hence deserving of our TP, iv.) dividend yield of 4% to be expected for FY14F.

Performance is highly dependent on CPO prices which have been unfavorable (RM1,861/mt current YTD vs. RM2,421/mt previous YTD). Current yields are from fully matured trees from Kalimantan which make up only a small 25% of top-line and 14% of bottom-line, with more contributions only in 2 to 3 years from maturing planted trees in Miri, Sarawak.

Facing challenging market conditions coupled with uncertain economic and global business outlook in Papua New Guinea where the operations are located. Forex losses moreover from the weaker Kina against Ringgit (Avg. exchange rate for the qtr - Kina 1: RM1.28 vs. FY12 – Kina1: RM1.46) is a growing concern if earnings were to be largely dampened by currency risk. We believe management‟s focus on productivity and cost control should sustain the division for the medium-term.

Having met our estimates last year and assuming a similar trend for FY14F, Flying Horse is deserving of a higher valuation. The group is trading at 6.7x fwd-PER despite the group encompassing 5 core business segments. Flying Horse has recently begun garnering interest which we assume could be the changing perception of investing in a “safe” undervalued stock amidst challenging times

Tq.

Ok..looks like you are right.
This one sounds more old man than apek..

Me wait at 205.

old man or apek older?

ohhh... so in this sequence. sodesune

in that case, old man stock is totally out for me

When oldman breakout....
At least you get to know...
Got chansi....
That they might turn into Apek one maaa...

Some apek's ...
you got see or not ?
They run the marathon fast fast one.

If you buy old man stock at support hor...
If tak jadi...
Huhu....
old man can turn into...... what ah?

bIg DINOsOur also can up so much one in one day .....

Your previous analysis... looks spot on leh. 

I know someone don't have share

Ah gark

do what business? I also goreng goreng a bit next monday. ( scared become ikan bakar  )

even if no deal by this deadline, then wait for another counter offer and next deal... and cycle starts again

any idea why he keeps transferring his shares?

Circumstances by reason of which change has occurred
1. Transfer of shares within the same nominee company [RHB Nominees (Tempatan) Sdn Bhd (259064-V)] due to the change of different CDS A/c Number.


Nature of interest
Deemed interest by virtue of 100% shareholding interest in Corporate Line (M) Sdn Bhd (172689-H) of which 92.5% is held in own name and 7.5% is held in children's names.

1. Transfer of shares from nominee company [HLIB Nominees (Tempatan) Sdn Bhd (270268-W)] to beneficial owner, Corporate Line (M) Sdn Bhd (172689-H)

2. Transfer of shares from Corporate Line (M) Sdn Bhd (172689-H) to RHB Nominees (Tempatan) Sdn Bhd (259064-V) [Beneficial Owner: Corporate Line (M) Sdn Bhd (172689-H)]

Haven't shown you this...



See where 180 is?



See if it in the near immediate future...
like maybe this month or next....
reverse car back to 180.......
can you imagine how ugly the chart would have turned?

If it holds...
it's kinda interesting...
It keeps last month's breakout alive....
or rather it gives it a chance....

Also dunno ....