8wpwtmt8lee77 Heavy selling at closing price. May be drop again on next Monday..I guess 20/01/2017 17:01 ======================================================================== Since he/she has sold 30444,00 shares just now, he has no more shares to sell on Monday. So I think Monday will not be affected.
Calvin882Holding quite well. It shows that most shareholders not willing to sell lower than the current price. Next week will go up from .46 onwards. Congrats to whom able to grab at the current price
Franklim1989NOW oil ptice up to 52,trump really make effect...
cksamAll you investors/gamblers here better stop your 'screen staring' routine. It is the main culprit for causing your emotions to roller coaster. Once you are in this emotional state you cannot differentiate whether the market is trending up or down. You are confused what state the market is in at the moment whether it is trending long term, intermediate or short term.
You people cannot tell whether a dip in thecurrent stock price is due to profit taking or the market is making a significant new low or maybe breaking new support. You people just trying to find excuses to cover your wrong judgements whether it's due to a dip in Brent price, Trump inaguration, shark selling, weather in North sea, shale oil ramping up productiom, conflict in Iraq, record oil pumpimg by Iran, new oil production from Giant Kazakhstan oilfield (see below),
Opec cutting production, strong US dollar, increase world demand of oil due to population growth, rig count decreasing/increasing, strike in PetroBras cause supply reduction, Nigeria cutting production due to rebel attacks on pipelines, economic chaos in Venezuala halting oil production, demand in Europe is increasing sue to improving economy, vehicles are becoming more efficient i.e hybrid and electric vehicles sales are booming, oil majors are increasing investment in exploration activities due to expectations in oil price recovery over the next few years, Shell is selling oil assets globally to reduce debts, Angola replaces Nigeria as the largest oil producer in Africa in 2016 and blah blah blah.
You see the above are some of the reasons affecting the demand and supply curve of oil. I am just wondering how can you guys predict the forward price of oil using a few simple reasoning? Oil price movement is a very complex thing. Volatility can be due to many factors as above. As for the current oil price recovery from the lows of USD 40s last year it is mostly due to the 'psycholigically effect'. It seems like Saudi Arabia has been calling the shots since last year.
Whenever its oil minister says the current oil price is not reflecting the true value the price of oil then will shoot up. Whenever oil price goes for some serious dip, Saudi Arabia will always come up with some cock and bull story (Opec production cut) so as to create some support for the oil price. However the market is already sick and tired by the psychological manipulation by Saudi Arabia. It still remain to be seen how they are going to get their act together as how much each Opec members required to cut back production. See below.
Opec is expecting to cut between 1.2 to 1.4 million barrels per day from its production. But the problem is Indonesia has just been kick out of Opec recently and this means there is already a 722,000 barrels/day (Indonesia daily production) cut in Opec production. Thus this leaves roughly only about 500,000 to 700,000 barrel/day cut divided among the Opec members. So how much will this roughly 0.5 million barrels/day affects the oil price? So, not much of a cut isn't it?Minimal i would say maybe it will be a knee jerk reaction on Monday but in the medium term oil price will again move downwards to reflect its true value by the intersection of supply and demand forces.
Other factors include Opec Nov output rises to 34.06 million b/p up from 33.84 million b/d or up 220,000 per day. Iran has also been increasing its output while Libya, Nigeria and Angola gets exemption from cutting their oil production. Iraq gets upset because it is not getting an exemption. So how will this going to workout on who is going to cut how much this Sunday?
You tell me?
B4b4Nobody dare to predict oil prices. Even oil traders with many years experience and oil experts cannot say oil goes up or down. However, when Trump takes over, his moves clearly sent a message that oil industry is too important to let it fail. So, let us be patient and see how it goes. Oil stocks can only pray and hope, Trump will do a good job in creating more jobs in US
This weekend market participants will also be looking for any clues on the landmark agreement among major oil producers to cut production by nearly 1.8 million barrels per day.
Really there is a meeting among oil producers this Sunday.
xinanfen"Royal Dutch Shell is selling many assets to cut debt...." is posted by me because there is opinion HIBI is stealing from oil giant, bukan steal from oil giant, it is Shell herself has to raise > 50 billion to buy BG group...HIBI is junior O&G production and development company...bukan pencuri mar...
B4b4Sabah Shell, concept is willing buyer willing seller
kakashiOoh....i have to ask a stupid question. How much polo hold in term of % n who is the largest shareholder
kakashiPolo Resources Limited is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For complete details on Polo, please refer to: www.poloresources.com.
coolingrowie...u vote no but icon shareholders vote yes....because they are getting the 0.50 cents from you!! haha hahaha.....umwog shareholders kena anal left and right...up and down...by permodalan nenek berhad..
labu83Merger....good deal in Long term,high volume today all sapu in Discount price,just say...opportunity to buy in big discount,they big chance get mega project incoming with petronas n link government,especially fully all naga will get new project in this year,oil maintain above 50,huge buy in Low price,sunshine future or not?
stockmanmyThe making of a super investor needs to know who to trust , when to trust and then take action.
Two years of steep industry decline. This is the perfect time to restructure and make a Malaysia giant with a rights issue.
nich0lasUMW sidekick OG, the back mountain gone. dua dua isnin more drop.
super investors like to buy distressed assets. but nobody dares to buy until PNB gets behind the deal.
Now, it is coast clear all the way.
Be a Warren Buffett, be a super investor.
Don't settle for mediocre.
analysts like to buy high sell low
Super investors buy low sell high.
labu83peluang take over dengan harga murah rm 50 Sen icon n saham umwog ,bisnes Lor,sape Mau beli mahal2,merger Bleh settle hutang umwog Lor,project naga Jalan ,untung lor,
labu83Umwog jerk down to give chance u buy as more u can,greedy n buy in Low price....if u sell u are losers.... High volume today sapu Huat2,merger...big chance give link government mega project,election will come,they want give cronie easy money,time it money,
SpiderMan3As of 25 November 2016, ASIAPLY has been on a strong downtrend as suggested by the downward sloping 20-Day and 50-Day Moving Averages.In addition, the price is trading near its resistance of 0.15. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively
RainingDaykakijudi how to say not material,mean bad news?
RainingDaytomorrow i'll go pray to god... MQ tomorrow price 0.1
tiongkeatok u pray what god, i go tell chinese and angmo god, who can go tell malay god? lol
RainingDaytomorrow 0.1 all friend here take big angpow
RowieYahooooooo.........good u turn by stevie g. My view.... the old deal if cancel is better. Melaka property linked to Monkey Teh, so delay means no deal, just buy time for other newer deals I'm waiting for the 2 monkey to sell, then share will fly to 10-12 sen
RowieAfter much analysis, the Robbie & gang will come up with new plans soon cos b4 they become directors, they already got plan, so now is execution time. I got a feeling that they may plan to JV with Naga Corp or Donaco to go into leisure business locally & abroad. That's why they talk early abt Naga bul t later deny, when asked abt Donaco, they said no comments So this will become rumour until materialise. 30c no problem
radziYesterday, profit taking and they shook weak traders. AA , moving again.
Vincent TanHow is your MPCorp now, still opetasi tong sampah?
Vincent Tanstkoay calvintaneng recommended this stock in early 2014 when it was trading above 50 sen. He also said he will conduct operasi tong sampah ie buying all he can....even with borrowed money. After 2 years, his investment dropped a few HUNDRED percent. This is what will happen to your investment if you have eagle eyes like calvintaneng. 21/12/2016 14:59
RojakInvestorlooks like calvin tan is i3's public enemy no.1 !!! lol
calvintanengCalvin Tan is the saviour of sorchai from conman and syndicates!!
Better wake up!!
RojakInvestorpublic enemy no.1 trying to console n con back himself....sigh
we all see him as the devil...he sees himself as a saint...aiyooo
i pray for your soul la calvin
IronShirtConMan on the line,,,,,someone pls speak to him,,,,,,,hello traderman,,,,,Long time no heard i thought you dropped inside the jamban
acesoheavy disposal by Uncle tony and friends... but transacted in Dec
JJchanNo...it is share swap....bottom line....Tony and Kama will receive dividend from aac sales even with aax shares.. Damn i thought how it can be done when Kama said aax will receive dividend....he stop short to finish the line ( now i know only HE receives dividend Not me---f***k)
JJchanNo....only if you have Tune shares.....we cannot even dream.....owners will find ways to benefit them First------
Fatsen CfsBerry... I'm not understand, swap share to AAX"? What mean?
JJchanFirst Tune swap Tune shares with aax shares (Tony & Kama ----mine not included) after Tune received dividend from aac and distributed-----then Tune " has the Right to reacquire Tune shares from Tony and Kama Again ( it takes me 2 mins to ponder why? Yes tune will swap aax shares back to Tony and Kama )
small_investorSound like using AAX shares to buy AA without purchasing it
JJchanswap mean exchange of shares based on market price (aax is based on 0.380....Tune price is ? ----same day where the exchange happens )
Fatsen CfsJjchan.. I'm still Confuse... Kikikiki.. sana pusing, sini pusing...
DONGFANGJJchan..how u know it is swap between Tony/ Kamarudin with Tune? From Tune announcemwnt it is also stating disposal
small_investorDongfang read the announcement in detail Is written there
DONGFANGHi investor..can u explain this..it is also stating the same description for tune with disposal.http://www.bursamalaysia.com/market/listed-companies/company-announcements/5321397
Darren Limfrm 35.5 to 38.5. den down back den up back. keep repeat repeat
OrangKuatTune, Kamal, Tony are dispose their share. Not swap
small_investorCircumstances by reason of which change has occurred The transactions were effected by Tune Group Sdn. Bhd. ("TGSB") through an equity swap whereby TGSB maintains the right to reacquire the shares.
DONGFANGDefinitely not swap between Tune group with Tony/Kamaruddin. It is betwwen Tune group with third party.
solarboyUAE to invest US$163bil to diversify energy http://www.thestar.com.my/business/business-news/2017/01/11/uae-to-invest-us$163bil-to-diversify-energy/
solarboyDUBAI: The United Arab Emirates announced Tuesday plans to invest 600 billion dirhams (US$163bil) in projects to generate almost half the country’s power needs from renewables.
”Our aim is to balance our economic needs with our environmental goals,” Prime Minister Sheikh Mohammed bin Rashid al-Maktoum said on Twitter as the Gulf state unveiled its “Energy Strategy 2050”.
The UAE is a top oil exporter, but has taken steps to reduce its dependency on fossil fuels to generate power, including building nuclear facilities.
The country’s energy mix by 2050 will comprise 44% from renewables, 38% from gas, 12% from clean fossils and 6% from nuclear energy, said Sheikh Mohammed, who is also the UAE’s vice president and the ruler of the emirate of Dubai.
”The plan aims to increase usage efficiency by 40% and increase clean-energy contributions to 50%,” he wrote.
In June, Dubai announced plans to build a 1,000-megawatt solar power plant by 2030, the year it aims to turn to renewable energies for 25% of electricity needs.
In 2013, Abu Dhabi opened the world’s largest operating plant of concentrated solar power, which has the capacity to provide electricity to 20,000 homes.
South Korean firms are also building four nuclear reactors west of Abu Dhabi, which are expected to generate 1,400 megawatts by 2020.
The UAE produces around 2.99 million barrels per day of oil, of which it exports around 2.44 million bpd, according to Opec statistics. - AFP
solarboyEven UAE the largest oil producer in the world is going for solar with massive US$163bil in projects. This is latest news!
Hunter Cholaying off staff is not the solution, the demand is there everywhere in every country and is growing exponentially like crazy but the solar companies in malaysia are just not good enough in bidding the PV jobs!!! these companies are just too dependent on the government for funds and grants
fhistomorrow looks set to move up toward 0.80...sit tight...
greenpeaceExporter with PE ratio 5.0 still not cheap enough? They rely on china taiwan customer orders so US trump's next possible trade policies won't affect tekseng. Check below:
"..... to ramp up its production capacity based on the volume loadings from existing customers in China and Taiwan."
Dolly_Chailet me cut and paste my statements and question to him again:
let me make one last blow to him on his idixtic and biased comments (for his personal agenda i guess, if not why spend so much time here... quite obvious, he missed the boat and is trying to pull down the share price - but who is he? does he have such influence.. haha.. )..
1) Debt of Evergreen (which is manageable and reasonable for the industry it is involved in) - he keeps saying that Hevea has zero debt but Evergreen has debt.. I have told him that Hevea is more like a furniture company as its 60% sales are from RTA (ready to assemble furniture) which are less capex intensive. Where as currently Evergreen manufactures 80% of raw MDF so it is more capex intensive in terms of the machineries and maintenance. They are not in the exact industries so you just can't compare directly.. he has not even answered my question on this one.. Yes, evergreen will target to build more RTA (current 5% of total revenue), but their main focus is still MDF at current stage. So, until one day when Evergreen has its RTA sales reach 50-60% of total revenue, then only it is fair to directly compare with Hevea on the debt/net cash...
2) Debt of Evergreen - again, let's discuss if the debt is bad or actually good for evergreen. We know that many business raise loans to expand. We have to examine whether their profit margin is higher than the interest they need to pay for the loan. Last year (2015 full year), evergreen net profit margin is 9.1%. This year (up to 9 months), due to forex loss, the net profit margin dropped to 7.3%. But this is still higher than the bank interest rate that they are paying for... example, if you earn RM10 additional but you pay RM5 for interest, u still get additional (net RM5) for the expansion... so why not to expand if you have net profit from there?
3) Dividend - he is again very biased and misleading here.. 2013-14 were bad years for Evergreen, we all know and admit that. This was due to the intense competition of MDF makers within ASEAN (as 2006-08 were good years and many new MDF makers ventured into this business can caused over-supply) However, as mentioned by Evergreen management, many small and incompetitive MDF players have been washed out (go bankrupt) during the bad years of 2012-2014 due to losses.. but evergreen as the biggest MDF player in ASEAN with strong footing and experience has weathered thru the storm and grow bigger now.. in fact, they ate up the market shares of those closed-shop small factories,.. so from 2013-14, we cannot expect evergreen to pay dividends during tough years.. why I said he is biased? When Hevea was in deep financial woes during 2009-2010, why did sxckperformer not question: why Hevea did not pay out dividend during tat time? see? he is manipulating his words...
4) Dividend - in latest AGM, Evergreen management has approved to give out at least 40% of net profit to shareholders... so, with the expansion plan almost done (will require less capex, and have more cash)... we can expect more dividend to come.. we invest in the future of Evergreem.. but this joker keeps talking about the past.. and he totally kept quiet about Hevea's past on the bad years.. and when raider said Hevea almost went bankrupt.. what did this sxckperformer say? Trump went bankrupt 3 times but now is a US president.. haha.. funny right? we know it is not end of day for bankruptcy, but we dislike his biased view on evergreen.. Hevea's past was bad, but it is ok.. Evergreen's past was bad, but it is not OK.. see it?
sxckperformer.. see.. i wasted so much time to explain to some idixt like u.. quickly thank me la.. coz i "put money in ur pocket" d...
Dolly_Chaii have answered all his stupid and manipulated questions, but he has not even answered my one question:
is evergreen a furniture stock at current stage? is it fair to compare its capex intensive business with "pure/mainly" furniture makers which are less capex intensive?
you are best at barking and then running away with your doggie tail snapped between your legs...
Dolly_Chaidun farking talk cxck anymore if you dare not take up my challenge...
you think you can simply accuse ppl just like that, fark you!!!!!!!!!
Dolly_Chaiother ppl here can see that you are such a loser...
until now, sxckperformer still has no balls to take up my challenge... that means what???
1) he has no balls 2) he does not admit his wrong-doing in accusing me 3) he is a typical loser (who always lose) but want to win so badly by all means 4) he has no face to apologize to me for accusing me 5) maybe he cut off his penxs already to train some legendary Kungfu like "Kuai Fa Bou Dim".. haha
sxckperformer keeps talking about debt and dividend of evergreen... in fact, i explained that above.. but he just ignored my explanation... and still live in his own farking world and talk cxck...
ppl here are wise ok? they can see that this idixt is running away from my question...
Dolly_Chaiand more importantly.... I demand him to apologize to me for insulting me of modifying my average price...
but i am quite sure loser and low-life farker like him will never apologize to anyone even though he already realize his mistake...
i have to assume that low-life idixt like him is living alone in his own world...
Evergreen5101, previously you said he sure can't live in harmony with his wife bcoz he just wants to win (despite that fact that he is already wrong)...
Let me tell you, i doubt idixt like him will have a wife, or even a girl-friend..
u think his "always want to win, thick-face, run away from questions, pretend did not see my challenge" attitude will attract any girl? haha.... i really doubt...
sometimes i really pity him a lot....
Evergreen5101Dollychai the more you get angry starperformer@KYY will be happy, dun fall to his trap. Old pathetic bastarx. Dun bother of him. A loser will only act like this...maybe he is just too lonely...
Evergreen5101Dollychai... why starperformer@KYY so pissed and hate Evergreen, the reason is on 2015 he invested heavily on Evergreen, unfortunately in 2016 Evergreen did not perform well...So out of frustration he backfire and criticize Evergreen badly, his behavior is indeed very bad and childish..so just let him be... the more you say the more he feel happy....
Evergreen5101Why in the earth someone can hate Evergreen so much...hahahah... the story behind is himself starperfomer@KYY invested so much but cannot see the results on 2016.... that why he is so piss off.
Evergreen5101ladies & gentlemen,,..Evergreen is gearing upwards starting today...
Dolly_ChaiHi Evergreen5101, thanks for your kind advice... maybe you right, there angrier I get, the happier this idixt is... So i will totally ignore him for now...
Until today, I have explained and pointed out (with facts) that all his accusations/manipulated statements on Evergreen are false. And he has not responded yet on my explanation. It is obvious that he knew I am right with my explanation and he just has no face to take it.
Secondly, he has not even answered my simple question whether it is fair to compare Evergreen's debt with other furniture companies who require much less CAPEX in business nature... why furniture companies require less CAPEX? Ricky Yeo had explained that in his post and I am not going to repeat (the link can be found above)... here, again, this sissy coward continues to pretend he did not see my question... no answer until today...
Lastly, he accused me of modifying my average price. And I was so furious that I challenge him to swear... again, no-balls sissy like him continues to hide his balls and run away from answering it...
All this has proven that he is such a coward who is not responsible for what he said. Worse is he always wants to win despite that fact that he knew he was wrong...
starperformerNo made-up stories but all factual data taken out from quarterly & annual reports and newspiece. Plz interpret any reports correctly before u shoot ur guns, Dolly zai.
starperformer1) NO DIVIDENDS SINCE 2012 so not good to hold long-term. Evergreen is already STINGY and NOT GENEROUS. WOW 3/4 years also so stingy. Don't think they will give out dividends with giant of DEBTS right now, check:
Evergreen's latest quarter report announced on "28 Nov 2016": CASH AND BANK BALANCES 141,018,000 LONG TERM BORROWINGS 108,952,000 SHORT-TERM BORROWINGS 107,633,000 Total debts: 216,585,000 Cash - Total Borrowings = -75,567,000 (*NET DEBTS POSITION) No. of shares in circulation: 846,423,985 shares -75,567,000(Net debts) / 846,423,985 shares = *Worth approx. RM (-0.089) per share
2) FIVE CONSECUTIVE QUARTERS OF FALLING NET PROFITS, check:
HEVEA 2012: 4.1% (Hevea's RTA segment started operation in early of 2012) 2013: 5.7% (Continuation of CAPEX throughout the year for more automation for RTA) 2014: 7.2% 2015: 14.7% 2016: 13.3%
5) OVER-RELIANT ON ONE PRODUCT SEGMENT THAT IS MDF. WRONG TIME TO DO EXPANSION. INTEREST RATES WILL INCREASE SOON AND IT'S HEFTY DEBTS ARE EXPENSIVE TO SERVICE. Latest recorded revenues by segments of both companies:
EVERGREEN Medium density fibreboard (MDF): 80% of revenues contribution Value-added MDF: 15% of revenues contribution Ready-to-Assemble (RTA): 5% of revenues contribution
HEVEA Particleboard: 40% of revenues contribution Ready-to-Assemble (RTA): 60% of revenues contribution
stockraiderWhat is the use of looking at historical figures, when see owner conning 750% profit loh....!!
The next stage of conning, is this management will build white elephant factory at over inflated price loh....!!
If don run , cry all no tears loh....!!
These hevea management are big time conman loh...!!
THE ABOVE ARE FACTS AND NOT MAKE UP STORY LOH....!!
HEVEA IS REALLY A CONMAN COMPANY LOH....!!
THEY RAPE ONCE ON LAND LOH...!!
THEY ARE GOING RAPE VERY BIG ON FACTORY LOH....!!
Evergreen5101They even fake thier financial report once...becareful
starperformerTell u a "secret point" & u should be awaken after u read. Since Evergreen's 80% revenues are from MDF segment so THAT IS THE REAL REASON WHY EVERGREEN's PROFIT MARGINS ARE SUBDUED & NOT STABLE OVER THE YEARS. Due to MDF not able to give the company higher profit margins, Evergreen has to embark & venture into other product segments especially RTA and particleboard again.
Plz note that Evergreen is "RESTARTING" the particleboard segment after years of suspension. Why is that so? The story dates back to years ago when it decided to focus mainly on MDF segment and chose to suspend particleboard segment. Little did they know that they have became "OVER-RELIANT" over the years mainly on ONE product segment and this is RISKY and not diversified hence it is susceptible to price fluctuations of MDF in the world market bids pricing.
EVERGREEN's Annual Report 2015, Page 17: ".....Our Particle Board plant remained idle since 2013..."
EVERGREEN's Annual Report 2015, Page 19: ".....The upgrading of the Particle Board Press will enable us to produce premium particleboards for specific markets of higher profit margin...."
That naturally killed Evergreen's competitive edge against it's well-rounded competitors because of non-diversified product segments.
Evergreen5101starperformer@KYY... then why you invested on Evergreen on 2015?
stockraiderOk loh...strategic decision setback....at least Evergreen management is honest to admit loh....!!
Not like dishonest hevea management con land big profit 750% loh....!!
Conning big on factory coming loh....!!
starperformerEVERGREEN's Annual Report 2015, Page 20: 3) Relocation / refurbishment of Medium Density Fibreboard Plant in Masai, Johor which is currently having losses on the depreciation cost of its assets, will be refurbished and relocated to Segamat, Johor and this will contribute to the Group’s revenue and profits towards the tail end of 2016.
EVERGREEN's Annual Report 2015, Page 20: 4) Upgrade of our Particle Board Plant in Segamat is on-going. Currently the plant is in an idle state and incurred losses on the depreciation cost. Once upgrading works are completed, this plant will contribute positively to the Group’s revenue and profits in 2017.
EVERGREEN's Annual Report 2015, Page 20: ".....disruptive demand for our products due to political turmoil in particular the Middle East and possible financial disruption...."
starperformerSo much losses??? U should expect bad quarters eating into current cash balance and most likely will have to borrow more debts. Check properly before u shoot me.
Evergreen5101Yes...MDF margin is no good, but they switch to RTA to make a changes, this will signify growth for Evergreen on the next 6 months... so what is the problem..come on dun act as a loser when you bought on 2015 it does not perform within 1 year then you start to criticize Evergreen.....Just want to say please dun act like a dog shit..
stockraiderThis are honest business forces...no con on evergreen parts loh....!! But Hevea...embrassment loh....owner gasak 750% profit on RRPT loh...!!
Hevea con cannot be forgiven mah....!!
Evergreen5101MDF for Evergreen is to defend thier business.... RTA is to attack new business opportunity.... What is the problem with you KYY...
Evergreen5101You act like this really dun gain respect from people.... that why people reject your 30 million donation...eat shit la you
Evergreen5101Even you are rich but i dun see you with respect.... You dun have class...assholxx
starperformerStrategy talks can be overwhelmingly wonderful but it is the EXECUTION that is CRUCIAL. All other competitors have done very well in executing strategies. Just answer this urself & u don't have to reply me.
WHY FOR YEARS EVERGREEN SPENDING ON CAPEX BUT PROFIT MARGINS ARE SUBDUED & UNSTABLE OVER THE YEARS???
Quarterly profits have been sliding down and so does the share price. That is obvious. Not to mention last dividend payout was in 2012 and halted for years then in beginning of 2016 just gave out RM 0.01 sen? Big joke! No more dividends will be given out for years to come because it has giant debts of RM 216,585,000.
Evergreen's latest quarter report announced on "28 Nov 2016": LONG TERM BORROWINGS 108,952,000 SHORT-TERM BORROWINGS 107,633,000 Total debts: 216,585,000 (*NET DEBTS POSITION)
Evergreen5101Evergreen might not be doing well for the past 2 years... but at least they are honest and make improvement on thier machines. does not means forever they are doomed...understand old dog shit!!!
Evergreen5101Honestly Heveaboard is a good company, but i really dun have confident that they can buy the land for their directors, really chinaman style... i won't invest in this kind of company even if they are NET CASH company.
starperformerWhy talk like that leh? Be gentleman mah. Did u see me scold like that ever? I talk about the companies only. Focus mind. Why is there dog shit comes out from u? I frowned upon ur behaviour this Evergreen5101. LOL
Evergreen5101Honestly Heveaboard is a good company, but i really dun have confident that they can buy the land from their directors with high price, really chinaman style... i won't invest in this kind of company even if they are NET CASH company.
starperformerMany companies done so. IOIPG, HIL, etc. Important is be transparent which is what HEVEA has done so because nothing dodgy in the deal mah. Don't do things like certain politicians/bankers until public found out. Clean and transparent mah.
stockraiderNo company other than Hevea management make a staggering 750% profit on related party transaction loh....!!
If Hevea management can wallop 750% profit such a big chunked...can u imagine how much they will wallop from inflated factory construction leh ??
Raider says hevea management are corporate rapist loh....!!
starperformerDon't play-play oh, Evergreen has giant of debts is real problem (committed & obliged). U better tell Evergreen management to focus & reduce debts oh if not they will take more debts. Fix their five consecutive quarters of falling profits & unstale profit margins. Oh wait, I forgot Evergreen doesn't have enough money to give dividends. This is a norm culture of Evergreen, right? Halted dividends since year 2012.
Hevea expanding while having lots of cash & no gearing. WOW Hevea's share price moving upwards on uptrend. How is Evergreen doing?
starperformerEvergreen's latest quarter report announced on "28 Nov 2016": LONG TERM BORROWINGS 108,952,000 SHORT-TERM BORROWINGS 107,633,000 Total debts: 216,585,000 (*NET DEBTS POSITION)
starperformerSo if Evergreen needs to de-gear & achieve net cash position, it needs 10 to 14 quarters! That is 2-3 years just barely achieve net cash like Hevea & many other competitors. Also interest charges of the borrowings are eating Evergreen's cash-pile so this might push it to 3-4 years just to achieve net cash position. WOW
stockraiderNo company other than Hevea management make a staggering 750% profit on related party transaction loh....!!
If Hevea management can wallop 750% profit such a big chunked...can u imagine how much they will wallop from inflated factory construction leh ??
Raider says hevea management are corporate rapist loh....!!
BASED ON THE INFO GIVEN...IT IS EXPECTED HEVEA WILL BE A BIG NET BORROWER BY 2018...WHEN THE WHITE ELEPHANT FACTORY IS BEING BUILD AT HUGE INFLATED PRICE LOH....!!
BY THEN IT IS LIKELY HEVEA WILL TRADE AROUND RM 0.50 T0 0.60 AFTER THE SUBSTANTIAL PLUNDERING BY THE OWNER LOH...!!
starperformerEvergreen earns RM 16.88m net profit (NP) in latest quarter. The highest NP per quarter recorded at RM 27.586m but that is a one-time.
EVERGREEN Financial quarter 30 Sep 2015: Net Profit 27,586,000 Financial quarter 31 Dec 2015: Net Profit 21,029,000 Financial quarter 31 Mar 2016: Net Profit 20,619,000 Financial quarter 30 Jun 2016: Net Profit 16,459,000 Financial quarter 30 Sep 2016: Net Profit 16,880,000
102.573m / 5 = 20.5146m median average of NP for latest 5 quarters
RM 216,585,000 (Total debts) / RM 20,514,600 (NP: Median average) = 10.5x times
That means Evergreen needs at least 10-11 quarters or more just to break-even with the total debts while most competitors are already in net cash position! I have not taken into consideration of the interest charges of the giant debts over RM 216.585m so it will definitely take longer than 12 quarters just to break-even with that mountains of debts.
12 QUARTERS = 3 YEARS needed to break-even with giants of debts. That's if they do everything right & net profit does not fall further. Remember that it's NP has been falling for 5 consecutive quarters!
How much is the interest charges of the giant 216.585m debts? WOW Go figure.
sltsmieco, a net depth co. is even better than hevea
Dolly_Chaithis useless sxckperformer is repeating all the same nonsense which i had explained in detail... really hopeless idixt...
Evergreen5101, all you mentioned is correct... we are looking at Evergreen's future...
chompksHave to salute starperformer for his efforts somehow. Debate can educate others.
bc1234Where has yr sense of humour gone Mr Leo Leo?
bc1234Write a comment.. hop you eat yr words back anai? anai?anai?
nomanlandhmm! everyone must be smoking, drink coffee, and waiting....
...waiting ...cursing ...eff, ...waiting ...smoke again ...sipping coffee afraid of too much caffeine ...light another cigarette without realizing already has one on the ashtray ...watching ...cursing again (which God forbid) ...asking (Why me?) ...thinking(wearing a special cap, not french cap...if up tonight wear it)
Geez I must be nut case.
nomanland...continue ah huh! now.. it is coming, ... come on, faster, ... almost there ... now, pleaseeeeeeeeeee ... I want more at last... what a relief...
another round of waiting...
Leoleoaiyoyo brent didnt broke 60 . this weekend opec having compliance meeting on output cut right. ? ala compliance ala upside for oil price
bc1234OTHERS SUMATEC RESOURCES BERHAD ("Sumatec" or the "Company") - Clarification in the Classified Advertisement publised in the New Straits Times, entitled "In The High Court of Malaya in Kuala Lumpur in the State of Wilayah Persekutuan, Malaysia Companies (Winding-Up) No. WA-28NCC-1062-12/2016 in the matter of Section 218(1)(a) of the Companies Act 1965 between Zulkifly bin Mohamad - Petitioner and Sumatec (Company No. 428355-D) - Respondent".
SUMATEC RESOURCES BERHAD
Type Announcement Subject OTHERS Description SUMATEC RESOURCES BERHAD ("Sumatec" or the "Company") - Clarification in the Classified Advertisement publised in the New Straits Times, entitled "In The High Court of Malaya in Kuala Lumpur in the State of Wilayah Persekutuan, Malaysia Companies (Winding-Up) No. WA-28NCC-1062-12/2016 in the matter of Section 218(1)(a) of the Companies Act 1965 between Zulkifly bin Mohamad - Petitioner and Sumatec (Company No. 428355-D) - Respondent". Reference is made to the classified advertisement in the New Straits Times dated 12 January 2016 entitled "In The High Court of Malaya in Kuala Lumpur in the State of Wilayah Persekutuan, Malaysia Companies (Winding-Up) No. WA-28NCC-1062-12/2016 in the matter of Section 218(1)(a) of the Companies Act 1965 between Zulkifly bin Mohamad - Petitioner and Sumatec (Company No. 428355-D) - Respondent".
(1) Particulars of the claim
The Company wishes to inform that the Company received a sealed copy of the Winding-Up petition by Zulkifly bin Mohamad (Petitioner) via his solicitor, Donovon & Ho on 23 December 2016.
(2) Details of the default or circumstances leading to the filing of the winding-up petitions against the Company.
The Petitioner who claimed to be the ex-employee of the Company is claiming his alleged outstanding salary in the sum of USD171,401.18. However, the Company wishes to clarify that the Petitioner was actually appointed in Kazakhstan and is subject to the Kazakhstan Labour Code. The Company believes that the Winding Up petition will not succeed as there are bona fide disputes to the Petitioner's claim i.e the Petitioner was not employed by the Company and there was no record of payment of his employment provident fund and income tax in Malaysia.
(3) Financial and operational impact on the Group
There will be no material financial significance to the Group as the amount claim is less than 5% of the Company's net assets. There is no operation impact on the Group.
(4)The expected losses if any, arising from the winding-up petition.
The maximum exposure on the Winding-Up petition is USD176,401.18, equivalent to RM786,748 (RM4.46 to USD1) which is part of the Group's operational expenses.
(5) Steps taken and proposed to be taken by Sumatec in respect of the winding-up proceedings.
The case was fixed for a case management on the 4 January 2017 and on the same day the Court has directed the Company to file a Notice to Appear and submit and Affidavit in Opposition by the 20 January 2017. The Court has also fixed the hearing for the Winding-Up petition on 23 February 2017. Pending the disposal of the Winding-Up petition, the Company has also instructed its solicitors to file an application to strike out the Winding-Up petition on the ground that the Petitioner has no reasonable cause of action against the Company and there are bona fide disputes to the Petitioner's claim. In addition to the above, the Company believes that the Petitioner shall file his claim in Kazakhstan and in accordance to the Kazakhstan Labour Code.
The Company will make further announcement of any material development on the above matter.
This announcement is dated 13 January 2017.
Announcement Info Company Name SUMATEC RESOURCES BERHAD Stock Name SUMATEC Date Announced 13 Jan 2017 Category General Announcement for PLC Reference Number GA1-12012017-00032
bc1234OTHERS SUMATEC RESOURCES BERHAD ("Sumatec" or the "Company") - Clarification in the Classified Advertisement published in the New Straits Times, entitled "In The High Court of Malaya in Kuala Lumpur in the State of Wilayah Persekutuan, Malaysia Companies (Winding-Up) No.WA-28NCC-1062-12/2016 in the matter of Section 218(1)(a) Companies Act 1965 between Zukifly bin Mohamad - Petitioner and Sumatec (Company No. 428355-D) - Respondent".
SUMATEC RESOURCES BERHAD
Type Announcement Subject OTHERS Description SUMATEC RESOURCES BERHAD ("Sumatec" or the "Company") - Clarification in the Classified Advertisement published in the New Straits Times, entitled "In The High Court of Malaya in Kuala Lumpur in the State of Wilayah Persekutuan, Malaysia Companies (Winding-Up) No.WA-28NCC-1062-12/2016 in the matter of Section 218(1)(a) Companies Act 1965 between Zukifly bin Mohamad - Petitioner and Sumatec (Company No. 428355-D) - Respondent". Further to the Company's announcement dated 13 January 2017 pertaining to the classified advertisement in the New Straits Times dated 12 January 2016 entitled "In The High Court of Malaya in Kuala Lumpur in the State of Wilayah Persekutuan, Malaysia Companies (Winding-Up) No.WA-28NCC-1062-12/2016 in the matter of Section 218(1)(a) of the Companies Act 1965 between Zulkifly bin Mohamad - Petitioner and Sumatec (Company No. 428355-D) - Respondent", the Company wishes to further clarify as follows: -
1. Date of representation of the Winding-up petition.
Date of representation of the Winding-up petition was on 16 December 2016.
2. Interest rate on the amount claimed for, if any.
There is no interest rate on the amount claimed for.
This announcement is made on 19 January 2017.
Announcement Info Company Name SUMATEC RESOURCES BERHAD Stock Name SUMATEC Date Announced 19 Jan 2017 Category General Announcement for PLC Reference Number GA1-18012017-00068
Leoleoso next monday bole up ga ? if opec got compliance on output cut..monday oil will up too
nomanlandMonday oil up. What choice does Opec and non opec have. Even US shale also worried.
nomanlandDo you think the US shale want to see the 40, 30, 20, 10 again!
LeoleoOf course, U.S. shale will be a major factor in this output rebound. In its latest Oil Market Report, the IEA revised up its forecast for U.S. production this year, expecting gains of 170,000 bpd.
i only trust the above forecast. this skl said brazil can add 400 k barrels la blahblah blah...where he get that figure ? jus blow water to the limit.
nomanlandwhen oil price dropped, every oil(or related)companies and countries were suffering. the only benefit are the consumers.
Leoleoonly said opec country will pump more oil to get more money...
JajalalaWhy shale oil producers want lower crude oil price? if crude oil down, they will suffer as well. end of the day, it is about the balance of crude oil price and shale oil price. From what I know, shale oil producers did suffer when crude oil price drops.
Just my thinking
JoshuaMS7today sumatec terrible quiet until i can't believe!!
Leoleowait the wayang meeting on this sunday . lia olang mesti wayang ada follow cut promises. takan sendiri mali meeting. kasi lu olang tau lia olang tala follow cut meh...
make sense or not....lu sendiri olangs bikin itu meeting . lu ciakap lu tala bikin kerja ah...
Leoleosimu recommend dragon lu pegi counter bikin quarter profit cantik pinya...kikiki lia sula lapat ber tong tong profit dekat bunga raya sana lor....lu cipat pegi bunga raya sana cari your long loss kuku lor .itu.kuku lu sula cut long time ago....aiyoyo
Noraini IsmailLeoleo & dragon.....happy weekend & Qong Xi Fa Chai......
"In Tan’s absence, Iris deputy managing director Datuk Hamdan Mohd Hassan has assumed the leading role, taking charge of the group’s operations. In a recent interview with The Edge Financial Daily, Hamdan said the group’s operations will undergo a major restructuring next year which includes strengthening its trusted core business in identification."
cariwang888abandon this for real. company cannot pay salary on time no hope gone case
PavillionTSJ smart.....sold everything...before anything.....told already don't touch this stock....doomed!....Felda mati again....next time....should limit their investment to max 10% per stock.
vinvinSomebody is talking nonsense!!! I don't know who.........!!! Just taking advantage to buy low!!!
27055825TSJ is not smart,he has no moral value.He is mother of all con.
PavillionYou can't call person without moral value if it just about .... companies performance or stock price. If that the case then ...... more than 8o% of CEO in bursa has no moral value? :))
Pavillion-2 heads sudah kena chopped - without leadership - no new contract -Founder and backer Felda exited - More shares in hand of retailer -African projects in question??? Nigeria bad paymaster. -Kotak biz no more - Did you benefit from disposal? Any special dividend? -KOTO too expensive...all developer also dying -Tourist tax - Tourist also pokai -Papua? ??? Just to bring out cash -ID biz no more -Maybe now you can transfer the shares to your children ...let them wait..as they have more time than you.
Apple888Mr Jack....coming....dun worry.those patient will benefit
Apple888See....no drop also...well protected by jack n big fund
ImCKtan say jim being tangkap ? http://www.enanyang.my/news/20170119/%E6%8D%95%E5%AE%98%E8%81%94%E5%85%AC%E5%8F%B8%E4%B8%A4%E9%AB%98%E5%B1%82br-%E5%8F%8D%E8%B4%AA%E4%BC%9A%E5%86%BB%E7%BB%93%E6%8B%BF%E7%9D%A3%E6%88%B7%E5%A4%B4%E7%99%BE%E4%B8%87%E5%AD%98/
vinvinNow the company can make better profit................no need to share!!!
vinvinOther directors of this company in charged of projects n other businesses also have to be checked of their activities so that profit must not be misused!!!
Apple888This stock really capable...well supported even director in court.jack in the making
leslieroycarterIt was once traded 60c , now it is a real penny stock of 10c....
FlybytheniteSo this case, the MD damn innocent? Even if 1-2 kakitangan korup, they still can't manipulate the co profit. Where the millions go? MACC kena dig deeper lol...
Best change the whole Board of Directors! Clean start.
Posted by vinvin > Jan 20, 2017 05:06 PM | Report Abuse
Other directors of this company in charged of projects n other businesses also have to be checked of their activities so that profit must not be misused!!!
PavillionAccording to news the kickback is 2.5% of gross sales that could equal to more than 12% of net profit. That why got contract also no profit. Now without TSJ .....don't think anybody there capable to secure big contract. TSJ = Iris.
FlybytheniteWhat for get big contract, no profit! Btw, No one is irreplaceable. And this is a public co.
Apple888Tsj....will be bek with another new advisor...dun worry
FlybytheniteBtw, according to this news http://www.thesundaily.my/news/2135192 It does not expect the remand of Hamdan to have any implications on the validity of the contract and the e-passport project nor any material effect on the earnings and net assets of the company for the financial years ending March 31, 2017 and 2018.
Pending the finalisation of the investigations, COO Choong Choo Hock will take over Hamdan's duties and responsibilities as acting CEO of Iris Corp.
PavillionSure no impact on FY, corruptions is their own doing unless MACC investigate and find out it with co blessing/approval......then different story.....even cos like Rolls Royce, Airbus are doing.
The main issues is leadership and continuity of co growth....sure they will find replacement.....but that will take some time...Choong ... .emmm you can judge by his performance in Koto.
ZillionsYou should see hamdan wearing the "Lokap" orange t-shirt in the news hahaha
ryan7642http://www.thestar.com.my/business/business-news/2017/01/20/iris-corp-deputy-md-arrested-over-epassport-project/ feel bad to recently investor on this share may get trap soon.
ryan7642for short term impact perhaps at range 15-20% drop..technical play to cut short the trap time perhaps..good luck folks..
27055825This is the tip of the iceberg Hamadan issue alone cannot cost the company huge loss With so many big projects announced in the last 3 years Papua New Guinea, mining ,felda agro , fertilizer plant and the list goes on TSJ was in charge and he has made many statements to the press So who ???? Is actually responsible???
27055825What about all the hype of PNG project that TSJ is so proud of!!! Who is his right hand there??? Where is all the money?? Come on guys nothing came out of the projects What happened to all the investment The CEO TSJ should be accountable to all investors!!!!
BabyTAto be honest, i dont know why u all compare yourself to venfx, not saying he's not right about this stock, it's a very good stock, the difference is that he went in at a VERY low price, no matter what he will hold till result out which i think will boost the share price, but now till then no one knows the stock will drop till what price
EasyInKlseHaiz.....take profit for CNY 1st.....no eye see liao.
tkp2every day i see why retailers lose money in share market, this is a good example, at 0.3+ they don't want to buy, after price surge high, they like to chase high, then price down a bit, they cut lost, and this happen again and again. Cut lost in VIS at this level show that you don't understand the valuation of VIS.
jay111If you no need money still can hold for mid-term,but I want money for cny,so I sold first
jay111Last I advise you all don't talk big in this forum,maby have ghost
Alex Lim Jun XiongVenFx, I hope to average down more before next result is out. tkp2, is a successful investor, earn so much from Airasia call warrant. I got burn in Airasia call warrant last November, gone RM5000 & promise myself never touch on Airasia again~
tkp2for those who buy at 0.45-0.5, ask yourself why you want to buy this stock at that level, fundamental doesn't change, price is going thru a normal movement, no share price will go up in straight line, after a surge, it will pull back a bit, if you have profit is ok to take it if you can't stand volatility, but if you buy at high price, really no need to cut lost.
miss_secretAiya I'm long term luckily I not urgent use money right now,so I keep for long term,if drop, I top up some
moneykjVen bro, I suspect this sorchai sh.t lurker is the same person with the sorchai car salesman. One character is like holy person, another is mad dog. He promote Digistar months ago, get burnt badly by Digistar. One with 2 characters is very difficult to adapt in normal life. That's why he always barking thru the mad dog character to ease both depression. And imagine Venfx=moneykj.
strategisstgabriel1985, collect good sampah..could fetch good price for kitar semula
miss_secretwhy so many ppl drop the share? why so many ppl willing to buy? if got ppl buy,why guys want drop the share?
thanks for drop by.. Ini rumah akan disita tak lama lagi....
Really wan sek ka nan meh??? Since I join stock market in 2008..... every year esp beginning of year and year end also read and heard whole world say IT GONNA BE TOUGH AND TOUGHER..........VERY BUMPY ROAD AHEAD..............
every yrs also hear the same demotivated statement... Nevertheless, I am doing better and better .... and my company also doing great and greater...... may be we pay attention to explore and discover than normal ppl...
rchii did hv a fantastic yr this yr even tho many kalah,but i always am modest wan ma...kikiki..dun wan tell u how many % return lar,lest u say i boasting. up make more, down make less but down offer opportunity to buy bargain.
only the top players welcome a deep correction...we will get this chance in 2017...cheers.
稻田·* 粒粒芳香rchi kor... don't get me wrong.. I trust U... I know how U execute ur trades... I know about U since 2013 from Tj's thread....
I know U are not boast..... I also hope and dream I have ur brain immediately....
This year I have been very quiet compare last year.... most of time absent and also cut down my blog/article.... I will reduce more in 2017 and slowly divert to other channel.....
gemini15Duit merry Christmas to you and your family.
rchiduit...you will do great as a corporate man...let me know when they publish your name big2 in the papers...you hv many talents...wish you all the best.
This is my last message to end 2016. Throughout this year statistically it's fruitful and joyful for me. I would like to take this opportunity to thank those who helped me, alert me when I'm in danger, provided me second chance/third chance when I made mistake, discussed stock investment with informative inputs, etc. At the same time, I must also apologize to those who hurt by me, personal attack by me, psychologically ruin by my messages, etc.
As a summary of good and bad about my whole year performance it's at satisfactory score. Let me summarize my 2 biggest mistakes of the year.
1) SOLD Airasia at RM1.4X with 35% gain-- It went up above my absolute fair target RM1.85. Learned something new from this incident and will pay attention in next similar event.
2) Based on May 2016, predicted Hangseng index should close at 25,000--It pulled back a lot after touched 24,xxx level. Learned something new and understand the mutated variables in affecting the entire environment. Apart from that, I managed to formula my 3 principles for trading HSI warrants which could help me protect capital
For the positive outcome this year I learn and start to modify Larry Williams's way of analysis to deploy to my Macro analysis. LW is my target of learning and his success story in 2016 inspired me a lot. This is unbelievable when I see how LW use Copper/Copper Index to predict the market outlook of China. Really an eye opener in 2016. Keep track on how LW carry out analysis it opened my mind on how to carry out multiple regression and produce the correlation thingz in my stock investment. Very few people could agree with me but those who follow LW will understand and believe it.
In 2017, I will participate in the forum lesser compare to 2016(lesser than 2015) so I have more time to build foundation for my future business. Nevertheless, it will not take away my passion to do blog/article/handout to share with my fellow recipients.
Lastly, I wish you success in career, family, health and OF COURSE investment field.
Some less heartening news for HSIF warrants traders.
As latest CBBC table is referred. Banker and market makers are unable to confirm the strength and intention to continue buy up the market from 22,230(mild resistance) to 22,850(upper resistance).
Today 5 January 2017 at 10:40AM the comparison table show both bear and bull contracts stake up at 21,400(heavily) and 22,500(building up). This is a 1,100 pts gap which we noticed whenever this happen Banker will monitor the retailers holding only react. The range bound is typically wide and traders are not comfortable with this. I suggest you guys(newbie) to consider below option; 1) To review whenever it broke 22,500 to trade for uptrend 2) Wait till it break 22,000 and you go to quick ride (day trade) to short 3) Stay away for overnight holding but TO TRADE OPPOSSITE SIDE (BUY LOSS COUNTER)EVERY MORNING BEFORE HSIF OPEN AT 9:15AM
I believe this environment will continue for 2 weeks while hit and run with put warrant would have lesser risk.
Remarks: This outlook will not valid should CBBC contracts reduce their contracts at 22,500-22,599 tomorrow.
ColdrisksMr Lim, Ms Andy, Mr Duit, Mr Chinforming and all my friends here, my being in i3 is bec of lfe corp; now it has exited pn17, my duty is over.
我决定退出江湖，leave i3 for good. Wish you all the best in everything you undertaking and please take good care of your health.
Hangseng future index has great potential to break 23,100 and shall start to pull back from 23,112 if not from 23,104. We can see from 22,530 level each 100 pts from CBBC will create profit to the bear killers.
Let's make simple assumption when HSIF hit 23,112 what should be focus. At 23,112... H79 RM0.760 H67 RM0.275
The above assumption is subject to change in different condition.
It is very obvious current index broke down 100 MA after numerous attempts to break 22,997 since last night. No clear implication of the fail breakout at 23,008 this morning. I will ignore this point for my analysis.
Upon Donald Trump speech US Dollar slightly pull down but his speech bring Nasdaq closed above 5,000 while slight pull back on stock market. Generally, his intention to bring back pharmatech is clear and also unchanged decision on TPP (Malaysia can look at biotech/pharma for any collaboration synergy in this TPP participants).
Based on CBBC it is now at quite equal ratio but to eat up the 150 pts to 23,100 is much lower cost than eat down 200 pts below 22,800. While CBBC and external factors are on mixed mode II tend to go fundamental. This week Hangseng cash market does not see any key mover from Banking or Energy ,hence, we believe many are prepare for mild correction (http://www.bnppwarrant.com/tc/index money flow in for put & flow out for call at Hongkong). Today market surge was mainly due to Tencent stock (7000)on this morning's banker target of 230.00 and also China Mobile rise(941). Watch out this two for the rest of the day.
Game plan: 1) do not open call warrants position for more than 2.5 hours esp when we see UP slow Down fast 2) To trade H67 when HSIF hover 22,992 with a cut loss point at 23,040. 3) Next support line which comply with CBBC contracts would be 22,830 before to 22,650.
jackyleOk, Thanks. Hope u still continue share ur precious knowledge and pls don't hide back to gua niah.
did not follow pre and post corporate exercise. Not in best position to comment.
ColdrisksPosted by 稻田·* 粒粒芳香 > Jan 5, 2017 10:13 PM | Report Abuse
I see Coldrisks...
Hahaha.... I respect your view of LFE CORP....
Mr Duit, thank you for respecting my view of LFE CORP by going to the forum to shout lousy stock and sell; when it was just out from pn17. Who say you were wrong? i never say that, you were so right that on the second day it dropped right from the beginning.
More people follow your path jumped out to ask people to sell and buy back later. Fantastic, now is almost the same price before it exit from pn17 already. No, still too expensive, still not too late to sell. Stock God duit asked us to sell lfe and buy the quality shares he recommended.
Thank you again, duit, I think by no time it can drop below 20 cts then 10 cts, wao, cant wait for it to happen, everyday also I dream about it, so wonderful can buy double. hahaha
Angielim9955all Ipo guys alreday sell , in current market all is apply Ipo and sell after ada 15% profit , exmaple last year all new Ipo also first up alot after people take profit , noone dare to bet on future but for new ipo sure ada goreng kaki , so just follow then untung faster run far far
Jack WongGeneral election is near, they will not do something which can cause bad reputation, between oil palm is uptrend, just wait patiently. Just sell now, if feel worried. So, other can collect at lower prices
BigDaddyCoolCampalang company....if hoping for price to increased with exception if palm.oil price increased then its gonna be a stupid statement....look at fgv same fate and situation...after listing price dive until now...now its on its way to be delisted from bursa....then to go private..kasi malu 1 dunia...biggest IPO in the world...now biggest loser to shareholder...failed...looks.like matang is the same game only with different name & images...end of the day its pump and dump method
char1234my mistake in buying this share.Lesson learned...
PavillionCome back again after Chap Goh Mei ! Everybody packing already.
leslieroycarterUS markets r considered 20% over-valued , so the tendency of interest hike is prevalent as envisaged by many analysts . The spill over effect will be felt here n Matang will not be exempted. Our currency will be put to another crucial test . If it can weather and cushion the impact then we r considered lucky. The Trump administration has no details on its expansionary measures on infra spendings . His protectionist attitude will encourage more countries to adopt protectionist behaviors , this will not auger well for the world economy , more so when Trump advocates trade war with China which will inadvertently caused turmoil in other countries more so for countries depending more on exports. Our country will not be spared either. The crux is uncertainties r abound so our future is bleak ! Beware all the pundits!
klsehopefulprice is rallying. the world needs palm oil. and whos the second largest producer.
ContenderLooks like heading back to IPO price ....
char1234so pathetic a company......but next week shld rally in conjunction with CNY
klsehopefulvery strong support at 13.5. better not disappoint, if not batang story will spread to all ah mas and ah paks over cny. nobody will buy ur share.
BabyTAif next week go back up, i chop my head down for you also can.
klsehopefulchop chop chop.....go chop fruits, maybe got buyers.
koi kohbatang already pendek , chop chop chop...... nothing remain
PlsGiveBonusMatang: To improve yield, cost efficiency. MCA-linked plantation company Matang made its debut on the ACE Market of Bursa Malaysia yesterday at a 7.7% premium, two years after a planned merger with Scope Industries fell flat. Matang chairman Datuk Teh Kean Ming said the group will focus on improving its yield and cost efficiency in a move to boost revenue and profitability. Matang is stepping up its replanting exercise in Matang Estate and at the same time increasing its fresh fruit bunch (FFB) yield through greater usage of fertilisers. (SunBiz)
PlsGiveBonusAce market with market cap of 240m? It must be the biggest one :)
S7R7What's good thing about Matang? So actively traded.
PlsGiveBonusAll this IPO has no quality at all :( Only aim for quick profit
Lim ASnow is less than 40k/ac after discounting 25m cash given free ? What a shock to many? what has been disclosed by captains of the industry is : EPS by Scope is 0.21 cts and Matang is 4.3 cts Difference of 20xs NTA by Scope is 12 cts and Matang is 118.9 cts Difference of nearly 10xs under Matang -Scope Merger , it is clearly the minority shareholders were taken for by a free ride???? Assets of 12 cts will be valued at 25 cts??? Very smart move by Scope.Which is value by 2.1 x higher ..V smart n clever move compared with matang which is grossly undervalued.
TanChaiHeScope shareholders got to sell your shares fast before it starts to plunge when the Scope Taikos who have accumulated Scope shares (as they planned CSL will bulldoze the Matang merger deal thru) over the past year start to dispose off shares, by then it will be too late
koospI personally think that the bod in matang have reach a certain deal with bod of scope.otherwise the whole thing is no logic.just a crazy speculation.
TanChaiHeSell SCOPE shares now or you get burnt real bad when the taikos who hold millions of shares (hoping CSL can get them a revised Matang deal see no chance at all as CSL 'loyal' supporters now shift support from this rotten head) have no choice but to sell.
tybear4.7million shares@ 22sen valued RM1.034million crossed hand today! What's it all about?! I thought scope game over ardy!
Lim ASthe play has long been ended prematurely ....
joannelimhopefully is no roll games. if the price want to moving up then the volume must continues to increasing.
buyabestfew years back gocean game was like annual event. but since 2013, it is a boring game already. but somehow, boring mean accumulating. but not sure they need how long to accumulated this counter
persieQ report will out soon today. Either Dato Tan cheat investors or not will determine later.
joannelimIt is no easy to turnaround this company as the business model is no profitable. The margin is very thin to operate in palm kernel crushing and refining of palm oil . Dato Tan should think of other business model or backdoor listing or inject his own co. into gocean. Just keep depending on private placement to ease cash flow is no the long term.solution.
SephyIn making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.
“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.
Victor TanULiihen shares has been stagnating within a 30 cents range for quite some time despite steady growth even against troubled times. The share price now is undervalued by industry standards and it should rebound almost immediately after all dust has cleared. Maybe towards RM 4.
kkchoo79This is the good time for you to collect more furniture companies. Cheap Cheap...
SuperLaberstill drop despite the USD:MYR = 4.41? hmm..
chamloTrump's policies to impact export-driven Asean including Malaysia http://www.thestar.com.my/business/business-news/2016/12/14/trump-policies-to-impact-export-driven-asean-including-malaysia/
Fabien ExtraordinaireLiihen should achieve 40 sen full year. With such good profit growth, good dividend yield, strong cash flows generation, high return on equity, Liihen is due a rerating on its multiples. Let's take a P/E multiple of 10, this stock should be valued at 4.
shortinvestor77That is minimum price. Afterall, it could pay 4x4 cents plus 4 cents of special dividends totalled 20 cents of div.
WCT forum... got sifu said.. new boss bought 2.50, EPF, KWAP, PNB bought 1.80, now stil cheap wo.... zhun ma?
cemertugusNow the best way to hold your money first and wait a few week
nocindycatif can make rm18M profit then will be good
cemertugusTheirs result depend on profit margin..if can maintance increase profit margin then profit more then 18m..
anonboyGadang was awarded the development rights of a 21.08 acre plot known as R3-1 by Kwasa Land Sdn Bhd with an estimated GDV of RM700mil. http://www.thestar.com.my/business/business-news/2017/01/19/trading-ideas-silk-gadang-country-view-diversified-gateway/
cemertugusnext week TA indicator ready (create very hensem TA) but pengoreng need to start engine first...
WaAdaLuicemertugus sifu..... what u mean? will fly kar?
cemertugusif my calculation not wrong, gadang will fly if closing more then 1.08...
apiniI am very comfortable with gadang business model now very confident to have another good harvest for 2017
kancs3118Qtr results when released ?? Adui....I think next year liaw ...
fattycataiyaya...almost drop everyday since the day i bought @@
optimus9199This stock is cash rich ( approx RM 1 per share) and number of shares still small abt 120mil + small capex but positive free cash flow. I see good future in this stock, hence bought more.
michaelwongYes exactly and keep topping up for further future sustainable growth ! Hopefully announcement of bonus issue to liquidate shared movement in the near termed to benefits investors and company
optimus9199No worry, i belief TGuan will give a bonus issue this year
fattycatyup. I hope so...2017 will be a good year to tguan♡
goreng_kakiDirector say tguan worth 1b, currently tguan only worth 500 million
Is it mean tguan fair price rm 8.5?
Snorlax Leeit's their target to achieve 1b market capitalization in a few years
xcu843now only RM1++ only, still very far away to reach RM8.5.
YiStockLiquidity is a factor; only so many shares are available to be bought and sold. Large buyers must buy over long period of time to avoid running a stock up too quickily. When price up too quickly, it means that the large buyers are buying at much expensive price. So, the only way is to continue swinging out retailers within a controlled range.
It is simply very obvious in tguan case. A typical scenario: the share price go upward right after you sold yours. Test it out if you do not believe.
chankp7010For YiStock's comment dated 12/1/17- I totally agreed with your observation for TGuan :" A typical scenario: the share price go upward right after you sold yours. Test it out if you do not believe." If investors are selling out now, they would regret later because TGuan Price will continue to climb north. Unless you really need the money, if not, be patient to wait till end of February 2017 to examine the QR, by then TGuan's share price might have up another round. Buy and sell at your own risks. This is my personally view only
leelc99Bought in Tguan-WA today. Holding for upcoming Q
chankp7010Thanks Snorlax Lee for the article from China Press reinforcing coming QR will be better than FY 2015 results. Furthermore, we are looking forward to FY2017 financial results that will likely even better than FY2016 as expressed by Director predicting RM 70 millions pretax profits for 2017. Those who can understand Chinese language, pleade read it. Thank you.