Integrax currently own the purposed built coal bulking port which supplies 3 of TNB coal fired plants. TNB currently holds 20% of Integrax as JV, with Perak govt another 20% and with Alim Halim Rasip holding the majority at 25% and have 25 years contract with TNB for coal shipping and debulking at the port.

Currently TNB ships about 3 million tons of coal through the port, and with plans for power plant no 4 and 5 currently building, expected throughput will be 5 million tons of coal per year. Basically Integrax acts like 'toll' for TNB's coal requirements. Almost 95% of integrax income is from debullking coal for TNB, as it was custom built to TNB's requirements.

So once the new powerplants are up, Integrax earning is expected to be boosted >50%. looking at the high margin lucrative business, and also there are no other suitable location for ports nearby (Integrax owns a swath of land around TNB power station) the only way to avoid 'leakage; of profits is to acquire all of Integrax.

Dude...
You know this is a public forum and that there's no way I want to be involved in TELLING you what to do exactly.
I cannot be responsible for your money.

OK?

Hope we get this off on the right track....

ok?

I tried to understand your first two sentences...

company is on track and facing profit loses due to world market price volatile? And people are panic selling?
Is not saying company having loses, it might just earn lesser.

is the company losing money or not?
or earning lesser?

anyway, it doesn't matter....

take a step back...

ask yourself a simple question......

if you know what you think you know about the company NOW....
would you have bought this stock earlier?

it will go up... but the question is when? 

i remember when i first started, i go for stocks below RM1.00. slowly make profit from there and learn from mistakes. from there appetite increased to stocks below RM2.00. make profit and get a lil confidence in your fundamental skills. then slowly crawl up to stocks RM3.00 and above. 

actually i dont think so for the case from the perspective of TNB, they are the largest company in malaysia. the situation is like elephant vs a dog/cat type of size. profits of integrax is insignificant to TNB despite consolidation.

the reason why the take over was because of the synergistic move for TNB.

The current price is already priced in.. 

That happens to me most of the time
Im ready to buy Petdagang once it touches 16.

you letting go? i'm looking to go in again. 

Price pretty much moving sideways for now...drop or up 1 or 2 sens daily....

However wti oil price have recovered a bit...

of course, if not why do you want to take over a company? put a board rep in it when you have 100% shareholdings? then let the rest to run your business?

Just picked up skpetroll yesterday. one of the 2 green counter for me today.lol. Suprisingly , stock market holding up quite well, expect to at least puke 15 to 20 points in the begining

Its gonna take a long long while... 

Make sure you have a comfortable seat.. and able to hold on to losses if you decide to play OnG stocks. If no patience or emotion to hold on.. then better not touch. 

I think no recovery can be forseen in between 1-2 years time. 

to be honest , i am not even investing in this company, merely doing a short term trading. having said that, i believe skpetro valuation is attractive but might take sometime to reach beyond rm4, that would probably need another 2 or 3 years. just my 2 cents

Prepare for the long ride.. 

Opportunity cost is always around money market rate right?

Would that then be defined as an opportunity?
anyway .....
'hold if fundamentals are still good' got different meanings one leh...
some hold the stock... cos they feel the stock is worth more.....

on the other hand...
some could have bought the stock at the wrong price....
and because they bought at a high price...
they feel they are compelled to hold the stock...
since they feel 'fundamentally the company is still good'.....
so they hold and hope their 'investment' recover.

I did fake trading for many years ........ 

You are not the only one.....

don't worry. somehow u may understand it slowly after reading it few times 

same problem here.  Noobie  

u made me wanna curse awal2 pagi

why can't u just name the stock???