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Dystopian

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DRBHcom Proton's Weak Quarter

Take note of the latest TIV numbers for the first quarter of this year if you are long DRBHcom (1619). There is a push and pull situation as in Proton now vs Geely in the near future. Average monthly units for Proton stood at 4,281 so far this year versus 5,916 per month for the whole of last year or a drop of 28%.  I noticed quite a number of i...

MBSB Seeks Leverage In Affordable Housing

Hmm..... is RM6b in disbursement for affordable home financing a big number for MBSB (1171)?   Based on the outstanding loans under 'Mortgage Loans and property financing' as at the end of last year, RM6b is more than a double over RM4.5b as guided above.  A nice bump. In the grapevine, I hear whispers that the stock is headed North based prim...

War Next? Trump's Out Of Control USA

Watch out for war breaking out in the ME - yes - the same bunch of neocons - US, UK etc - are again planning to rain bombs on Syria.  In the last 24 hours, Saddam Hussain, Colonel Gaddafi, now Assad.... Watch this rare opposing view by of all stations, Fox News. It confirms what a lot of people fear - John Bolton - will get his war wish. https...

Total Insanity, China 'Gives Up' Trump Wins?

Courtesy of PhilstockWorld What total insanity! Now China's Xi gave a speech last night promising foreign companies greater access to China’s financial and manufacturing sectors, pledging Beijing’s commitment to further economic liberalization. In a speech that officials had billed as a major address, Mr. Xi said Tuesday that plans are under way...

Theresa May Lied As A Distraction?

According to this, it appears so. If true, should one pity the dumb fool, Boris Johnson, who used Porton Down's so called expert opinion to say that the nerve agent was a 100 percent Russian or not because he was also part of the shadowy circus? https://www.zerohedge.com/news/2018-04-08/russian-poisoning-skirpals-context   Actually, at the back ...

Same Proportion, Same Scale and Same Intensity

Yes I am nervous but at the same time excited about the possibility of being presented with a once-in-a-decade buying opportunity should markets tank as a result of this brewing bruising trade war. Should it escalate into a full-frontal head on bash up, that is. Unfortunately, that wish may just have to wait another day or night as the US market...

Funds Rotating Out Of Small and Mid Caps

Fund redemptions apparently have picked up considerably lately as the current turmoil in equity markets spooks retail investors. This is probably the reason why prices of some of the small and mid cap stock darlings 0f 2016 and 2017 are tumbling. Already on the sell list as funds take on more defensive positions, the rise in redemptions is appar...

MBSB Officially Becomes A Bank

For those of us who read the daily Edge, chances are you would have noticed MBSB's advert.  I see that its price is a little perky this morning with a small gain on light volume. Any significance now that it is in the eyes of the market, a bank? Not much IMO. If you compare its PE against its banking peers, MBSB (1171) is not cheap. But it won't...

Hartalega Just Made It 3 In A Row

Yes Hartalega (5168) made it a 3 in a row ex bonus play.   FYI the old whisper is RM14.00 or RM7.00 by May 2018. With a fresh catalyst in the mix - Hartalega jumps into the FBM KLCI  next month based on its market cap - helping to drive it to a new high this morning, it is eerily on course to that target price. It makes my hair stand on end thi...

Maybank Knocking On Wood

See that? The closing on Maybank (1155)....   Knock knock. Oh UMNO/BN's manifesto this weekend.... heck.... I missed mentioning that earlier