We may not be able to cover all but from all above earnings report, only Cheetah appear to be said with a slight increase in revenue and better cost control. Besides, MBSB still delivering a PE of 7-8 times as a financial entity which is still attractive. All others are reporting flat earning. We will not feel hesitate to dispose if earnings are not improving.
Bonia is a particular joke. Fighting of controlling stake or merger between family own and investment group are making joke again. I am not sure why Malaysian successful business need to alwasy defend not from competition but rather government linked investment fund or unfriendly party. The rumours from the edge that the owner is defending against certain funds. I do not know why they intend to control except if they know how to run the company better than the existing owner.
However, we also do not like the way Bonia defending themselves. It is obvious that the defending strategy also did not consider the smaller share holder. This last quarter result is even a further joke in timing of the mandatory take over code of practise.
But who care? If some can be exempted and some must offer take over. Just look into E&O, i thought Malaysian Insider should be shut down due to recent E&O saga. No matter right or wrong of the information exposed. It is definitely violated insider trading rules. (Simply is our own view!)
J&J Investment Co. 
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