good news. Now we do not have to worry about SEB any more.

https://www.theedgemarkets.com/article/seremban-engineering-sees-change-controlling-shareholder-mgo-triggered

CIMB expects loss-making SEB to break even in FY20F

https://www.thestar.com.my/business/business-news/2019/06/18/cimb-research-sees-stronger-earnings-for-success-transformer/

I do not know about you but the result is all right. Solid QR result. Maybe its price up too much last Friday so profit taking today.

I looked back the news article in June 2019. Not worried.
https://www.thestar.com.my/business/business-news/2019/06/18/cimb-research-sees-stronger-earnings-for-success-transformer/

volume of these 3 days is higher than usual... Up up slowly is good

I notice it is usually the big funds who sell aggressively after a bad QR. The volume on Feb 27th was huge, over 80000 lots. Share price was pushed and gapped up twice later. I believe the big fund is still in this stock and it may take time for it to reduce its stock if it decide to sell. Thus we may see down trend. If so, any rebound is a sell. Well, I hope I am wrong...

Dakewlest, quarterly report was out yesterday after market closed.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6177557

wah, Icon8888 already in :)

Does anyone have any analyst report on MNRB? I can not find any. Strange...

does anyone know why there is no dividend for years?

Its share price is holding well. A good price to sell if you still keep the share. Next 3 quarters are probably difficult. According to management guidance,

"In overall, the Group’s operating environment will remain challenging in the remaining period of current financial year."

I suggest you sell high now and buy low later.

Shocking QR result. Management gives very useful guidance.

Weak global demand and unfavourable price trend may continue for more than 1 quarter. Better sell high now and buy low later.

B3. Prospects for the remaining period of current financial year
The selling price of plywood had dropped significantly as compared to a year earlier due to weak global demand. However, our production cost especially the price of logs still remains at high. Operating environment becomes challenging if the demand and price of plywood remains weak. Due to weak global demand and unfavourable price trend, we reduce our production volume and labour hours since March this year. We will focus on more cost cutting measures to reduce our unit cost during this tough period. In overall, the Group’s operating environment will remain challenging in the remaining period of current financial year.

the QR result is expected. The new plant will not be ready until Q4. Q2 is probably worse than Q1 due to US$.

Share price may move side way or drop for a few months if current market sentiment remains the same. With some stocks at multi year low, there may be better options, especially if RM continues to weaken.

KYY counters are infamous for their waterfall-type of fall... Good luck!

big fund almost have cleared their stock... Good luck!

the big funds have been reducing their stake but they do it quietly and do not cause a sharp drop in the share price. I have to say they are good type of big funds.

2 bad QR and we do not know how long the bad QR will continue. We also do not know how low it will go because there is no history that we can refer to. That is the scary part! DO not catch the falling knife, remember? Do not try to predict the bottom and buy. Buy only when there is an uptrend.

volume today is high for a down day...

theavenger, information is provided to you. It is up to you to evaluate it.

I hope people realize this is a trading stock, not for holding long term. Must sell if the trend reverses. According to reports, the demand for cement is still smaller than supply and Lafmsia will be making losses even with ECRL back

https://klse.i3investor.com/ptservlet.jsp?sa=pts&q=LAFMSIA

How to read the actual report?

For example,

You will see a link at the end,
Source: AmInvest Research - 15 Apr 2019
You need to click AmInvest Research to read the full report

A few times I waited for retracement but never got a chance to add more

most individual investors probably have sold their shares by now...

Icon8888, please ignore the naysayers. Instead, do what you do best, which is picking stocks!

Does anyone have a copy of CIMB report?

Thank you Icon8888 for your article on February 1st this year. I knew about Success when they announced share split a few years ago and it was on my watch list ever since. Your article really caught my attention when you said its share price was trading at multi-year low at that time (RM0.5x). I knew its share price was low but did not know it was at MULTI-YEAR LOW. I felt it was undervalued and way oversold considering its 2019Q1 earning was 2+ sen. I bought a little only as I would like to see another quarterly report.

Management mentioned they had a chance to secure some local public projects in the Edge article earlier. At that time, I was very skeptical about that and I assumed the management only wanted to paint a rosy picture. "Our government where got money???" It was my thought exactly. Now Success needs to show us they are able to secure some local public projects and translate them into good earnings (yearly EPS over 20 sen during those good old days)

Another stock that I do not buy enough. No time to monitor any more for today. Good luck everyone!

hkhk, I have seen you a few times. Looks like you have not sold. You are a smart guy!

If no news, I sell first and then hope to buy back later...

Don't know why it gaps up today. Does anyone know any news?

huggs1, thanks for sharing!!!

this is not for short term. We may have to wait months... or QR next year.

samyew1234, what did OTB say about Mflour?

rihc, please share what you know...

This is the reason...

https://www.thestar.com.my/news/nation/2019/04/07/all-streetlights-to-be-led-lamps-starting-september/

previous low was 65 sen... now break down. No good

so difficult to get a cheaper re-enter price...

click the subject and read the headlines. There are some good articles about Mflour

https://klse.i3investor.com/servlets/stk/overview/3662.jsp

evan10, you should buy when the price is red


if you do not own a charting software, you can download Chartnexus here:

http://www.chartnexus.com

lai81533, please explain the numbers given. How do we interpret your numbers?

wow, my prediction was wrong. Going up instead...

huge volume the other day so will probably consolidate for days/weeks. If you are short term player, better sell now

very very serious buyers today

There are some comments about Mflour in this article

(CHOIVO CAPITAL) A conversation with a very wise Ex-Banker
https://klse.i3investor.com/blogs/PilosopoCapital/200255.jsp

So difficult to get below 70 sen???

The EPS for the last QR (2018Q4) = 3.02 sen

Let us look at the numbers from last year
2018Q1 0.29 sen
2018Q2 0.87 sen
2018Q3 -0.94 sen

Last year numbers are pretty low. I am not worried about the next 3 quarters because very likely they will beat last year.

puntters, please explain so that we understand

Let me help. Dayang gogogo!!

well... now people are selling high

maybe we will see another waterfall later this afternoon?

Price at this level is not cheap. I would suggest you sell the share now. After they ask for money from shareholders, the share price will likely to drop like hell. After the right issue or whatever is completed, then buy