TRANSOCEAN HOLDINGS BHD cantik

Guess since everyone busy today. Thought I might share what I bought; PALETTE and HIAPTEK at 0.070 and 0.395 recently. I not rich like you all. I buy cheap stocks.

This post has been edited by JakeGFX: Aug 7 2017, 02:13 PM

PALETTE at 0.085 already. instant profit

This post has been edited by Cendol_Pulut90: Aug 7 2017, 03:14 PM

My transaction for this 1 week:-

SOLD

1. LiiHen (sold last week)
2. TongHer (sold today)
3. Atta (sold 1/2 last week)

BOUGHT

1. REV

This post has been edited by Vanguard 2015: Aug 7 2017, 03:41 PM

Today added 4898 to portfolio because it's grossly undervalued and starts to pick up momentum, today looks like a beginning of new breakout from the consolidation.

hopefully no one got trapped in Frontkn.
Huge drop today.

Me . Managed to run at 0.34. But it reversed back from 0.27 tho. Wonder what's this about.

I'm looking to maybe enter AirAsia. I believe it may have potential to go up.

Good luck. TA looks goods. Absolutely Asia rates it Valuation 2.4/3.00 and Fundamental 1.3/3.00

Nobody else buying REV? Huge dividend yield of 47% but potentially huge drop in share price after ex-date on 14th August 2017.

So if you put RM10K, you get about RM4700 in dividend.

This post has been edited by Vanguard 2015: Aug 7 2017, 05:47 PM

last Q red, any insider info that next Q will be green?

when i saw that kind of div yield, immediately i imagine every investors asking: "what on earth is the company management thinking?"

It's almost like the company want to delist 50%. Personally i am not comfortable with the extreme high vol printed on 3/8, but let's review this again after 7 days as a watcher.

frontkn really gila

Yep, REV will come under PN16 because they have sold their business and become a cash company. If they can't find a new business within a certain time frame, they will be delisted. Monies will be returned to the shareholders. But of course not at full value.

The question is, will the fall in the share price after ex-date be more than 47%...

You want insider info? Buy Malakoff.

Looking to top up Armada this week. MMHE and TanChong are being monitored to top up upon further weakness.

Looking to sell AirAsia. Also looking to sell Tenaga because I think the company simply has got very low growth potential. All research houses rate it at RM16++ but its growth rate and growth potential is so low that even a 10X PE ratio seems shaky/overvalued.

Still considering to buy Prolexus and Tambun. AsiaFile might be a short term play. Also recently added Engtex to my watchlist.

Can tell us what do you see good about this stock? IMHO:

Chart Trend: Down
Earning: Past 3 years only 2Q green, all red. Who wants to invest in this kind of business I wonder.
Div: Down trend
EPF can keep buying and goreng themselves, this look like a case of using rakyat funds to prop up toxic stocks.

Walao weh. Armada to me is a sure 20% bet by year's end.

- All four of their new projects have achieved first oil
- Successful turnaround to profitability in Q1 2017
- Q1 2017 they also managed to have a current ratio above 1
- Q1 2017 only 80% of bareboat charter for Olombendo recognized (beginning Feb 8). In subsequent quarters revenue for the full quarter + 100% of BBC (roughly RM230mil per quarter)
- Q3 2017 80% BBC for Armada Kraken will be recognized
- Q3 2017 they will receive payments from CNOOC for Armada Sterling III
- Bottoming out of the OSV sector
- Sale of non-core/written-down assets

We're looking at RM650mil revenue per quarter by Q1 2018 once everything is contributing 100% of BBC (Kraken, Olombendo, and Sterling 3). As you can already see, with just partial contribution from only Olombendo, Bumi Armada already recorded a revenue of RM400mil in Q1 2017.

Anyway, I've done my research on this stock. I bought earlier at RM0.605 and RM0.63. So now it will be my third time in (averaging up). I'm very confident in a 20-30% gain by year's end from the current levels.

Can i know where to get info about which stock EPF own?

EPF lose more than they win. Same with all the other GLICs. Please do not look at their transactions and base your buys/sells based on that.