chengcheekaan

chengcheekaan | Joined since 2013-05-14

Investing Experience Intermediate
Risk Profile Moderate

https://cheekaan.wixsite.com/ckinvestmentblogmy

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Stock

2022-08-05 16:29 | Report Abuse

Yeah only you can think of this. Bravo! Give you a Nobel prize.

Stock

2022-07-12 14:36 | Report Abuse

The report shows that Apple had a 2.2% jump year-on-year. In addition, the Cupertino giant was the only OEM in the smartphone sector to register positive growth as the global smartphone market took an 8.9% dip.

Why post the report selectively?

Stock

2022-05-27 15:05 | Report Abuse

Didn't know we have a new GooShen here...

Stock

2022-03-22 13:15 | Report Abuse

CGS-CIMB RESEARCH (MARCH 7): Thong Guan Industries (TGI) is mulling expanding to the US through a joint venture (JV). We are positive on this possible development because the company could make headway in the world’s biggest market for stretch film. TGI received an invitation from its distribution partners in the US to set up a JV to manufacture stretch film in the country’s mid-western region. TGI’s board has given its initial blessing to explore the possibility of setting up the JV, which is intended to cater solely for the US market.

https://www.klsescreener.com/v2/news/view/966809/brokers-digest-local-equities-thong-guan-industries-bhd-aurelius-technologies-bhd-kelington-group-bhd-vs-industry-bhd

Stock

2022-03-09 11:14 | Report Abuse

I like to see everyone talk about negative news, meaning buying opportunity for me.

Stock

2022-02-28 10:23 | Report Abuse

Meets expectations. GDB reported 4QFY21 results with revenue of RM144.8m (+64.1% QoQ, +13.1% YoY) and core PATAMI of RM9.8m (+50.2% QoQ, +14.5% YoY). This brings FY21 core PATAMI to RM31.1m, increasing by 20.9%. The results were within our expectations at 100% of full year forecasts. Note that quarterly earnings are adjusted for RM1.3m of goodwill impairment.

Stock

2022-02-25 16:26 | Report Abuse

A respectable year, with multiple MCOs, and rising material prices, still able to record +11% net profit.

Stock

2022-02-24 15:32 | Report Abuse

@ooihk899, yay, 22cent in 2022 is good, now Ukraine-Russia war, will monitor for buying opportunity now, before the ex-date is announced

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2022-02-23 13:56 | Report Abuse

@S_ken the key is keep your expectation realistic or even pessimistic, so that you won't pay too high for any stocks.

Stock

2022-02-22 16:07 | Report Abuse

Patience alone is not enough, you need to understand what's the company is doing, at the same time understand that share price fluctuates and take advantage of it.

Stock

2022-02-22 09:27 | Report Abuse

For you no use only

Stock

2022-02-17 16:06 | Report Abuse

EPF still got 128mil shares, sell 1mil shares also consider throw? Lol

Stock

2022-02-17 14:04 | Report Abuse

Do you need source for this?
TGUAN only need 5mil net profit to match last years profit.
Just use math and logic.
Also, they only need 75mil rev to match last years rev, and 113.7mil to reach 1bil rev this year.

For your info last Q is 296mil rev. and 22.4mil net profit, with 60% capacity.

Stock

2022-02-11 09:54 | Report Abuse

saberrider today will pass beyond 3.50

funny why so many people like to post comment like this knowing 9 out of 10 times it will make them look silly.

Stock

2022-02-09 11:39 | Report Abuse

The growth is not really that exciting and kind of predictable, it's a steady company that pays good dividend. So it's very straight forward and easy for investor to value it. Hence resulted in valuation by the market more or less the same hence chances of price fluctuations is very low.

Stock

2022-02-07 15:04 | Report Abuse

Prudential ceased as substantial shareholder in August 2021 due to increase in no. of shares. They just want to hold 5% of TGUAN that's all, that's why they add 278.5k units. Why is it so interesting?

Stock

2022-01-27 09:45 | Report Abuse

sailang do you really think anyone can answer you? or you just ask for fun?

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2022-01-13 17:13 | Report Abuse

Do you all know the meaning of canon behind horse? I've seen plenty today.

Stock

2022-01-12 17:42 | Report Abuse

RE: Nepo

If you need to ask then better don't buy

Stock

2021-12-29 13:10 | Report Abuse

Good info. Thanks Sslee

Stock

2021-12-16 16:39 | Report Abuse

Maybe not? Ok I rest my case. Good bye

Stock

2021-12-16 16:14 | Report Abuse

I never bother about what those funds and major shareholders are doing, and still able to make good return from stock market.

Conclusion is, there are many ways to kill a bird.

Stock

2021-12-15 10:34 | Report Abuse

If you think you can follow, why ask? Just execute it.

News & Blogs
Stock

2021-11-30 10:53 | Report Abuse

CGS-CIMB RESEARCH (NOV 15): We attended Inari Amertron’s virtual 1QFY6/22 post-results briefing, hosted by group CEO KC Lau. We learnt that Inari’s new system-on-module (SOM) assembly division at P55 is on track to begin production in 1QCY22. The SOM division is running a reliability testing process that could take up to 12 weeks before it can start production, but we are encouraged to learn Inari’s new customer is expediting the number of products qualified. We see the SOM division as a new growth driver for Inari to diversify and grow its exposure in the automotive segment. We expect Inari to utilise a portion of placement proceeds for the SOM division expansion from CY22F onwards.

The group is allocating RM100 million in capital expenditure for investment in new technology platforms and capacity expansion and value-added processes such as electromagnetic interference (EMI) shield coating for RF chips. The group recently added two new system-in-package (SiP) lines in October and November, which raised its total SiP assembly to 24 lines. In addition, Inari is also investing US$5.8 million (RM24.4 million) in a new double-sided moulding packaging platform that could be utilised in the next-generation RF chips in 22/23F.

Stock

2021-11-19 09:45 | Report Abuse

Many people do not understand the business, that's why they have different expectations.

When they heard this company is booming, they become too optimistic and ignore all the hard numbers.

In fact GDB is booming with the 8 Conlay project, and you can actually roughly calculate the growth based on the contract value and period.

Construction is the easiest industries to forecast future profit.

However, large part of the so called investors ignore all these numbers, and decided to listen to the vague statements like 'booming', 'super growth', from the street, and put their own imaginary figures on the so called growth, without using some simple business sense to analyze.

That's why everyone see things differently.

Stock

2021-11-18 22:27 | Report Abuse

Last year 4Q made 75mil, now 3Q already made 70mil.
I think no need PHD in maths also will know this year will achieve double digit growth again.

Those that buy high will say is shit QR.
But those that buy low will be damn happy.

Stock

2021-11-18 22:12 | Report Abuse

If this is shit counter, then the one that buy shit counter don't know is what...

Stock

2021-11-18 22:10 | Report Abuse

Hopefully everyone can see what you see shrobin

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2021-11-18 18:00 | Report Abuse

6.4mil for 1.5 months and 60% workforce operations, really not bad. Looking forward to Q4.

Stock

2021-11-18 17:27 | Report Abuse

1.465这边,hold了两年半

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2021-11-16 10:51 | Report Abuse

Insas YTD - 0.95 to 1.18, 24.21%
Inari YTD - 2.72 to 4.05, 48.90%

Don't simply say they are tied together, Inari obviously run faster than Insas, like 2x Insas.

Stock

2021-11-16 09:46 | Report Abuse

TGUAN might be able to surpass FY2020 performance in 3Q2021, they need at least RM27mil net profit in Q3 to beat FY2020. FYI Q2 net profit was RM25.56mil. Although FMCO restricted the workforce to 60% during Q3, do not forget there were a few new production lines added, and rising ASP and profit margin as seen from Q2. We might get some surprise for this coming QR.

This is just my assumption, by no means is accurate. So do your own research before making any decision.
FYI I'm holding TGUAN at an average price of RM1.46. I bought 1st parcel of TGUAN in 2013, and 2nd parcel in 2021.

Cheers!

Stock

2021-11-12 15:04 | Report Abuse

Damn I miss GooShen...

Stock

2021-10-29 15:32 | Report Abuse

I thought you said this is dumb counter, suddenly believe can fly more than 3.

Stock

2021-10-29 10:26 | Report Abuse

The TP is based on next year estimated profit, what so funny? You know how to read or not?

"TP of RM0.82 based on a 12x CY22F EPS is maintained"

Stock

2021-10-20 14:48 | Report Abuse

If your answer is I don't know when it will resolve, how it & who will resolve it, or why would they?

Then you are better off not owning INSAS.

So I really don't know and I'm better of not owning INSAS.
Can stop promoting INSAS then?

Stock

2021-09-27 15:45 | Report Abuse

Maxpowar...Ang Poon Khim had disposed 489,800 shares from 31 Mar til 13-Sep, approx. 6-months period, averaging 81,633 shares per month.

489,000 shares represents 0.12% of NOSH of TGUAN, and TGUAN average DAILY volume for the past 4 weeks is 1,561,583.

And he still hold around 3.75mil shares of TGUAN.

Ang Poon Khim recent ESOS is 288,000 shares, which is 0.075% of NOSH of TGUAN.

What is your 'too many ESOS' and 'disposing the shares like its trash'?

If you feel other counters are better just sell all TGUAN and buy others. Simple.

No point to feel disappointed because you are the one who made the decision.

Stock

2021-09-24 17:28 | Report Abuse

LoL, Another fool that can't differentiate between 'providing genuine and legit information' and 'share price movement'.

Providing flawed information for a rising counter is still a foolish act.

Stock

2021-09-24 12:23 | Report Abuse

When he said Uchitec revenue flat you already know he's a joker.

FY2014 Rev 95mil, net profit 40m
FY2020 Rev 155mil, net profit 83m

His definition of flat is very unique.

Stock

2021-09-23 14:17 | Report Abuse

then why are you here roger?

Stock

2021-09-01 10:06 | Report Abuse

"The reason why I said the current price of Thong Guan is overvalued because I factored in Bonus Issue in year 2020 and frequent ESOS which will ultimately dilute the value of each share."

You're promoting TGUAN since early March 2021, where the bonus issue already being completed, and your comment about the fair value of TGUAN above RM3.00 during that period is very well documented.

So, your long essay above didn't explain your basis of saying TGUAN is overvalued very much. Furthermore, TGUAN had just released a much better QR which exceed most of our expectation during March 2021. So to say TGUAN is overvalued very much now does not make any sense.

Perhaps you should be better by saying "I prefer RM2.10 to RM2.8 kind of profit, not RM2.8 to RM3.5 kind of profit". This will be better understood instead of writing non related story about your investment success.

It's not about how many times you make profit or how accurate is your prediction. It's your credibility and consistency.

To me, TGUAN might be undervalued now, but definitely not as much as previous time. Buying now definitely will have a higher risk and lower return compared to few months back.

Do I think it will go up more? Sure. But my avg price is very low so my risk is lower compared to others. So all you need to do is understand your risk profile and the profit you're expecting before deciding.

For example: Say TGUAN can go up to RM3.50, buying now at RM2.80 will give you a potential 25% return, say in 6 months. Is this within your expectation? Some might say yes some might not. So TGUAN can be undervalue but not necessarily is a good choice for you as there are many other stocks in the market than might give you a better return. It's up to you to find it and make your decision.

Stock

2021-08-26 16:58 | Report Abuse

What mistakes? Kindly enlighten us

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2021-08-05 17:57 | Report Abuse

If you guys miss gooshen, there's a substitute on Klsescreener to keep you entertain.

https://www.klsescreener.com/v2/comment/4294673?comment_id=4319191&notif_id=91384487