Thomas's comments

Thomas commented on GDB.

It's quite alarming for the impairment of RM13.5mil in this quarter, as the GDB directors were of the opinion that the remaining 'trade receivables' is recoverable and no further impairment is required at the first quarter 2025. The receivable currently is RM138mil, how much further impairments needed is a serious question.

18 hours · translate

Thomas commented on FOODIE.

Foodie has a lot of potential in the digital advertising industry.

5 days · translate

Thomas commented on FAMIERA.

Compared to established peer companies like LHI, Famiera really is over valued for the 25 cents. TA gave 20 cents fair value speaks volumes.

3 weeks · translate

Thomas commented on PTRANS.

Played again like Cape Ems. Margin call killing. For other listed companies’ directors, a lesson shall be learned.

1 month · translate

Thomas commented on STAR.

For FY24, directors’ remuneration RM1.14. million, and CEO Chan Seng Fatt alone got RM1.12 million remuneration. Consider SMG only made RM11.8 million profit (excluding RM55 million court award), the directors and CEOs got really fat payments while the company struggling. Toke note.

5 months · translate

Thomas commented on KUCINGKO.

It’s quite a challenging business

5 months · translate

Thomas replied to comment on ICTZONE.

not wrong. total subscription is 2.89, oversubscription is 2.89-1=1.89

5 months · translate

Thomas commented on MATRIX.

seems like early signs of storm coming for this counter

6 months · translate

Thomas commented on Signature Alliance’s IPO shows strong demand with 1.12 times subscription rate.

It’s time to limit 20 IPOs per year. Quality not quantity