tag:blogger.com,1999:blog-96448416018959830.post543882803839982699..comments2024-03-24T15:18:25.244+08:00Comments on I DID IT MY WAY: Scalp Trades on GLOMAC horsehttp://www.blogger.com/profile/01702979662884471359noreply@blogger.comBlogger65125tag:blogger.com,1999:blog-96448416018959830.post-45876398610749909422012-09-27T20:41:16.471+08:002012-09-27T20:41:16.471+08:00Angkasa Condo selling price about 350K for 960sf a...Angkasa Condo selling price about 350K for 960sf and Klang Vista Bayu selling 120K for 960sf as well. KL value is 3X of klang. :(horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-71891750832888987802012-09-27T20:38:53.056+08:002012-09-27T20:38:53.056+08:00Congrat hng, CK, Teng & the rest on IJM profit...Congrat hng, CK, Teng & the rest on IJM profit. ^^<br /><br />CK - i am eyeing 1 at Taman Connuaght Angkasa Condo. and 1 at Klang Vista Bayu Perdana.horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-61438192193315274062012-09-27T16:19:03.206+08:002012-09-27T16:19:03.206+08:00CK
Sold last lot of IJM at 4.73. This is our firs...CK<br /><br />Sold last lot of IJM at 4.73. This is our first 'JV'. Not bad ohTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-30994890940414355672012-09-27T15:18:24.761+08:002012-09-27T15:18:24.761+08:00Hi all
All laughing all the way to bank loh....to...Hi all<br /><br />All laughing all the way to bank loh....today should no trade for me as i'm busy travel to JB and have just reach at an hour ago. I need to visit my new Semi-D to pay final inspection and tomorrow sign SPA and loan agreement. I'm back in action next week.<br /><br />In the meantime, i'm keeping all IJM first <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-51380642392629912022012-09-27T11:38:54.126+08:002012-09-27T11:38:54.126+08:00Ck5354
CongratsCk5354<br />Congratsalwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-32333571110756996472012-09-27T11:23:43.634+08:002012-09-27T11:23:43.634+08:00Hong Leong upgrades IJM to 'buy'
Hong Leon...Hong Leong upgrades IJM to 'buy'<br />Hong Leong Investment Bank upgraded IJM Corp Bhd to "buy" from "trading buy" after shares of the construction firm plunged on its purchase of a 10 percent stake in its peer Scomi Group Bhd. "We believe that the recent sell down is sentiment driven due to the negative perception on Scomi's political linkages," the research house said in a note on Thursday. Maintaining a target price of RM5.48 per share on IJM, Hong Leong said it believed any price weakness is an opportunity to accumulate the stock, even though selling pressures may persist. -- Reutersck5354https://www.blogger.com/profile/06640720179925779257noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-52300008497950638502012-09-27T11:05:55.544+08:002012-09-27T11:05:55.544+08:00sold at 4.72sold at 4.72ck5354https://www.blogger.com/profile/06640720179925779257noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-61107124469041022802012-09-27T10:36:30.554+08:002012-09-27T10:36:30.554+08:00q sell ijm at 4.73 - 1 biji
bought at 4.62 follow ...q sell ijm at 4.73 - 1 biji<br />bought at 4.62 follow hngck5354https://www.blogger.com/profile/06640720179925779257noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-52832502424131879862012-09-27T10:22:28.700+08:002012-09-27T10:22:28.700+08:00Hng, Teng
CongratsHng, Teng<br />Congratsalwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-6533546478977510522012-09-27T10:20:41.206+08:002012-09-27T10:20:41.206+08:00sold ijm at 470. last batch hope can sell 475???Hn...sold ijm at 470. last batch hope can sell 475???Hng will be laughing to the bank ( very loud) if it hit 475<br />Tenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-42545764878910811552012-09-27T10:11:40.544+08:002012-09-27T10:11:40.544+08:00Hng
Sold IJM 4.68.. Made quite good profit. (Bough...Hng<br />Sold IJM 4.68.. Made quite good profit. (Bought 4.565)<br />Thanks.. alwayswin111https://www.blogger.com/profile/10260851030559041905noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-81566437629186084072012-09-27T10:05:31.662+08:002012-09-27T10:05:31.662+08:00Hng
Yesterday YTL no share buy back. Today should...Hng<br /><br />Yesterday YTL no share buy back. Today should have???Thinking to bet 173/4 againTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-40605037551434756572012-09-27T09:52:31.213+08:002012-09-27T09:52:31.213+08:00CK
You sound like politician.Lu tolong gua,gua to...CK<br /><br />You sound like politician.Lu tolong gua,gua tolong luTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-5257967319175810362012-09-27T09:33:16.232+08:002012-09-27T09:33:16.232+08:00you help me,
i help u.
ha ha ha.
The biggest wi...you help me,<br /><br />i help u.<br /><br />ha ha ha.<br /><br />The biggest winner is HNG.ck5354https://www.blogger.com/profile/06640720179925779257noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-480267776198417862012-09-27T09:30:01.712+08:002012-09-27T09:30:01.712+08:00I was 'invited'by CK to BUY IJM yesterday ...I was 'invited'by CK to BUY IJM yesterday at 4.62.Later I bought more at 457 and 461. Good timing by CKTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-64051301600036600272012-09-27T09:16:13.366+08:002012-09-27T09:16:13.366+08:00Dali wrote this:
Well, this was an unexpected co...Dali wrote this:<br /><br /><br />Well, this was an unexpected corporate development. While the details are still sketchy, and we are still wondering not just why the deal happened ... and whether it will turn out well. To me, the personalities involved are more important. We may never know fully the underlying reasons why, but the deal involved two personalities whom I place in high regard. Krishnan Tan, who is still IJM's executive deputy chairman, and someone I rate highly as a strategic management top gun, who can execute projects very well, maintaining margins. The other is Abu Sahid, whom I consider (with or without "favours"), probably the best bumiputra businessman Malaysia has seen for the past 20 years. I know not of one project that Abu Sahid has gotten involved where he does not come out with flying colours.<br /><br />So, I am in a quandry. Scomi would have a tough time going on its own. They have some assets and some expertise but the "winds" are not in their favour. In step two guys whom I regard highly. So, I am leaning towards the positive side on this deal as I would be flabbergasted if Krishnan Tan or Abu Sahid would get into something this big without doing proper research and have a very strong strategic plan in store. <br />ck5354https://www.blogger.com/profile/06640720179925779257noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-17346001461472663832012-09-27T09:12:04.821+08:002012-09-27T09:12:04.821+08:00Sold some IJM at 464.Slim profitSold some IJM at 464.Slim profitTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-62905496903447025732012-09-27T09:01:34.057+08:002012-09-27T09:01:34.057+08:00Hng
You shd make good money on IJM nowHng<br /><br />You shd make good money on IJM nowTenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-27742488534911488582012-09-27T08:57:16.485+08:002012-09-27T08:57:16.485+08:00Hng
IJM's purchase of Scome reminded me of Ga...Hng<br /><br />IJM's purchase of Scome reminded me of Gamuda's acquisition of battery company ( for 50-60 miillion.Forgot detail).Some of you maybe too young to know this. Why IJM want to buy Scomi?Tenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-18711915773475339902012-09-27T08:51:52.105+08:002012-09-27T08:51:52.105+08:00IJM board deserves the benefit of doubt
ONCE agai...IJM board deserves the benefit of doubt<br /><br />ONCE again it's a case of whether the market or the company knows better.<br /><br />IJM Corp Bhd's purchase of a stake in Scomi Group Bhd, which can potentially rise to a quarter of the oil and gas company once bonds are converted, has drawn the scorn of investors.<br /><br />Since announcing the purchase, the blue-chip construction company has lost RM800mil in market capitalisation. The paper loss is far more than the RM149.3mil to be paid for the shares and bonds in Scomi.<br /><br />Judging from the comments on the deal and the fall in IJM's share price, a number of investors are unhappy. People wonder why the country's largest construction company is going into the oil and gas business.<br /><br />It's a departure from acquisitions made by IJM in the past, the largest being the purchase of Road Builder Holdings (M) Bhd in 2007. Road Builder was seen as a mini IJM and the acquisition found its fair share of plaudits.<br /><br />IJM bought Industrial Concrete Products Bhd in 2004 and that strengthened its pre-fabrication business. There was no hiccups in that deal too.<br /><br />Eyebrows were raised when IJM bought Kumpulan Europlus Bhd, a construction company with a lucrative concession, but it appears that has worked out well considering that the Europlus shares are worth a lot more today than what IJM paid.<br /><br />The Road Builder acquisition allowed IJM to venture into the port business, something that was alien to IJM then. Furthermore, IJM has plantations and this business is listed separately on Bursa Malaysia.<br /><br />I presume investors are more comfortable with the businesses they know. Plantations is an old business in Malaysia and is almost always a profitable one. Most investors don't bat an eyelid when companies whose primary operations have nothing to do with palm oil decide to invest in oil palm estates.<br /><br />Malaysia is not new to the oil and gas business but its service providers are relative newcomers. There are risks in doing so as shown by others that have ventured into the business.<br /><br />But I wonder if the reaction would have been the same had IJM bought into one of the bigger oil and gas companies in the country? A bigger name with less baggage?<br /><br />Investors might have an issue with Scomi, given its erratic financial performance over the years and the perception issues by those who might have once owned the stock.<br /><br />One analyst I spoke with said IJM's high foreign shareholding might have something to do with the selling seen. The lingering memories of Scomi might have sparked in some way the dumping of IJM's shares at the moment.<br /><br />But it appears Scomi has almost restructured, sorted quite a bit of its problems as the past half year has seen Scomi rebound into profitability. It will count for something for those who are buying into Scomi today, such as Maju group executive chairman Tan Sri Abu Sahid Mohamed, who now has a 8.75% stake in the oil and gas company.<br /><br />Surely IJM's board and management, who have been shrewd in running their business over the years, would have analysed the pros and cons of the Scomi deal before paying good money for a slice of the business.<br /><br />There are bound to be a few question marks when going through impact of the deal but IJM's board and management, in my opinion, deserves the benefit of the doubt on this deal after delivering value to shareholders for years. Only time though will tell if they have made the wrong decision.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-81633873903020357292012-09-27T08:36:49.932+08:002012-09-27T08:36:49.932+08:00Hng
I did not see anything about IJM's briefi...Hng<br /><br />I did not see anything about IJM's briefing on Scomi acquisition.You able to read any news on this?Tenghttps://www.blogger.com/profile/04433725663734652393noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-73558062558214863352012-09-26T22:20:44.884+08:002012-09-26T22:20:44.884+08:00horse where you plan to buy?
Can reveal?
I am wa...horse where you plan to buy?<br /><br />Can reveal?<br /><br />I am waiting for setia eco hill at semenyih.ck5354https://www.blogger.com/profile/06640720179925779257noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-58217634113081382802012-09-26T22:08:10.731+08:002012-09-26T22:08:10.731+08:00horse
Wau, you're going big in property inves...horse<br /><br />Wau, you're going big in property investment. Diversify asset allocation is good move. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-60674035401744744812012-09-26T21:53:04.925+08:002012-09-26T21:53:04.925+08:00Oh i see.
I am aiming 2 apartments, maybe after G...Oh i see.<br /><br />I am aiming 2 apartments, maybe after GE will start to acquire them. Would likely buy 2 at one go, to catch up my time with others. :p ^^horsehttps://www.blogger.com/profile/01702979662884471359noreply@blogger.comtag:blogger.com,1999:blog-96448416018959830.post-67556205728695752742012-09-26T21:51:01.623+08:002012-09-26T21:51:01.623+08:00Keladi profit quite good, but it have slash it div...Keladi profit quite good, but it have slash it dividend payout from previous 1.5sen to 1sen and then later only 0.5sen. Although share price is holding well, but its yield is no attractive unless it can declare special dividend or resume back to 1.5sen Anonymousnoreply@blogger.com