zantat now break rm0.47.. so 1st correction now happen.. so who was 1st stage enter previously now range rm0.43 to rm0.46 mybe can get the cheap opportunity again..
tut tut paktua n team we from rm0.38 below will relax n hold
mamakspecial... is subject u wan believe or not ? he just base on he opinion and sharing if u don't believe u can just don buy... why need him to convince you ? Funny
Newbie Trading..funny you..or i would say weird behaviour..cos..was i asking you ? wwas the question for advize directed to you...your name is newbie trading..definitely not pak tua..? are you the worm in his stomach? or is it your ego needs that much of stroking? are you that lonely that you need to answer just because you are bored?
its up to pak tua to respond..if he choose not too..i can respect that. You are like the student who would stand up when the teacher is calling another student's name. Sit down before you embarrass yourself more.
Why on earth there are people who really care what joker tua said? Hahaha he knows nothing on stock trading at all la. There's only one type of people who will believe in him - brainless people
Paktua own a private bank called CINB Bank where he prints unlimited bank notes enable him to trade stock. FYI he trades stock in KLXE just next to KLSE.
He trades more than 500 stocks each day in his own pakland and never lose once ever. Mamakspecial is paktua new recruit where he was asked to suxk paktua dxxx everynight before he sleep
paktua ada correction gcc yg dikeluarkan zantat ni antara yg terbaik.. cumanya segi alam sekitar jer buruk..
gcc ni byk diguna oleh construction dan paint.. laa musim property boom dan jika lihat pada season zantay jua dapat kesan baik dari property boom ni.. hanya kesan dari conflict dari asia barat market semua red..
paktua frankly more to swing.. base on ipo pattern since 2021.. so untuk bit rm0.70 practical for new born ipo yg below rm0.30..
tut tut baru 15 trading days . so max 8 bulan paktua set target rm0.70..
hotstuff ni since 2020 lagi dok attack paktua haha tapi paktua tak amik hati.. sebab.. paktua pernah ajak jumpa di nasi lemak saleha pandan prima pandamjay dia sampai laa tak berani..
datang jumpa paktua dare show trading record.. jika paktua benar full time trade n have good capital tapi bukan ratusan juta2 laa ada cukup untuk trade full-time..
tut tut hotstuff remember our bet.. jika sudi sahutlaa.. paktua always lepak sana.. ask je LAPM(Pertubuhan Legasi Anak Pandan) paktua pasti staff saleha akan tunjuk ofis paktua.
friend ask me to go in at .45 cents but i didnt as was concentrating on velesto instead. anyone can tell me any good news about this counter as was told it will to .70
morning.. paktua share abit about zantat prospectus yer.. basic jer laa..
COMPETITIVE STRENGTHS Our Directors believe that our business sustainability and future growth is built on the following competitive strengths: (a) The diverse functions and uses of our calcium carbonate provide us with a potentially wide addressable market to sustain and grow our business. Our Group has a diversified range of calcium carbonate product range, and is well positioned to capitalise on the global movement towards reduction of plastic in manufacturing, as we have commercialised several types of GCC products that are suitable for as fillers used to reduce the composition of plastic, making it more environmentally friendly. (b) We have an established track record that spans approximately 38 years since the commencement of our business operation in the production of calcium carbonate products in 1986. Throughout our 38 years of operations, we have developed and established long-term relationships with our customers where our top 5 major customers for the FYE 2020, FYE 2021, FYE 2022 and FPE 2023 have been dealing with us between 11 years and 21 years, as at LPD. (c) For the FYE 2020, FYE 2021, FYE 2022 and FPE 2023, we serve customers across 19 foreign markets in Asia Pacific and the Middle East. Revenue derived from foreign markets collectively accounted for 71.3% (RM76.4 million), 72.5% (RM86.6 million), 68.9% (RM77.9 million) and 68.1% (RM62.0 million) of our total revenue for FYE 2020, FYE 2021, FYE 2022 and FPE 2023 respectively. This demonstrates our ability to tap into various foreign markets which indicates the acceptance of our products in these countries which increases our potential addressable market. (d) We have an experienced key senior management team, led by our Managing Director / Chief Executive Officer, Chan Bin Iuan, who bring with him 17 years of experience in the calcium carbonate industry. He has been instrumental in the growth and development of our Group including his initiative to drive export sales of our GCC products to India in 2012. Having an experienced management team will provide stability and serve as a platform for business sustainability and growth. (e) We have received ISO 9001:2015 quality management system certification and Hazard Analysis and Critical Control Points (HACCP), Good Manufacturing Practice (GMP) and Halal certifications in order to provide customers with the assurance that we adhere to recognised quality standards, processes and management systems for our calcium carbonate products. This is because some of our calcium carbonate products are for the manufacturing of plastics used for food packaging. In addition, all our production plants are equipped with their respective quality control and testing facility to ensure consistent product quality. (f) We have 2 pieces of leasehold lands with limestone reserves in Keramat Pulai, Perak that respectively expire in 2068 and 2070. For the FYE 2020, FYE 2021, FYE 2022 and FPE 2023, we extracted approximately 0.07 million tonnes, 0.10 million tonnes, 0.06 million tonnes and 0.06 million tonnes, respectively. Based on the average extraction rate of FYE 2020, FYE 2021, FYE 2022 and FPE 2023, the 2 limestone reserves will last us through the remaining tenure of the leasehold lands.
important risk factors are summarised below: (a) We are dependent on our customers from India who are mainly plastic masterbatch manufacturers. For the FYE 2020, FYE 2021, FYE 2022 and FPE 2023, India was our largest export market which amounted to RM67.1 million (62.5%), RM75.5 million (63.2%), RM67.4 million (59.6%) and RM54.2 million (59.5%) of our total revenue, respectively. Any unfavourable changes in the plastic masterbatch manufacturing industry, as well as the economy, political, laws and regulation, and social environment in India may adversely impact on our business operations and financial performance to the extent that such changes affects our customers in India and their demand for our products. (b) We are dependent on our top 2 major customers, namely Alok Group (Alok Master Batches Private Limited and Alok Industries) and Sonali Group (Sonali Polyplast Pvt Ltd and Sonali Polymers Pvt Ltd), collectively contributed approximately 24.6%, 30.5%, 32.4% and 33.5% to our Group’s revenue in FYE 2020, FYE 2021, FYE 2022 and FPE 2023 respectively. We expect that these major customers will continue to contribute to our Group’s revenue in the future. We may be materially and adversely affected if we were to lose one or both of these 2 major customers without securing new customers in a timely manner to replace the loss of business. (c) Our operations are subject to the validity of our licences, permits or approvals. As mentioned in Section 6.7, our Group does not expect any material adverse impact to the operations or financial performance of our Group in the unlikely event of non- renewal or absence of the water abstraction licence and the TOL. Save for the foregoing, if we are unable to obtain, renew or maintain our licences, permits or approvals, our business operations may be disrupted and this could have a material adverse impact on our financial condition, results of operations and prospects.
PROSPECTUS SUMMARY (Cont’d) (d) We are exposed to the increases in logistic and raw material costs. For the FYE 2020, FYE 2021 and FYE 2022, our logistic costs increased from RM24.4 million in FYE 2020 to RM37.7 million in FYE 2021 before it subsequently decreased to RM33.3 million in FYE 2022. In FPE 2023, logistic costs decreased to RM18.7 million compared to RM25.8 million in FPE 2022. Any increases in our cost will eventually require us to increase our selling prices, which may reduce our competitiveness. In the event we are unable to pass on any of the cost increases to our customers or if we are unable to do so in a timely manner, we would have to absorb the increases in the costs and this would adversely affect our profitability and financial performance. (e) We are dependent on our experienced management team for the continuing success of our Group. The continuing success, future growth and expansion of our Group are, to a significant extent, dependent on the knowledge, experience, skills and continued services of our Directors and key senior management. The loss of our experienced Managing Director, Executive Director and key senior management without suitable and timely replacements, may have an adverse impact on our Group’s business and ability to compete effectively. (f) We are dependent on a broad range of human capital as we require semi-skilled operators to operate our plants. As at LPD, we have a workforce of 220 employees, of which 50.0% are foreign workers employed as production workers, machine operators and packers at our production plants. We may face the risk of shortage of foreign workers to meet the manpower requirements needed for our production and business activities in the future due to such changes. (g) We are subject to the demand and performance of the user-industries. Our revenue contribution from plastic masterbatch manufacturers accounted for 67.6% (RM72.5 million), 67.0% (RM80.1 million), 68.8% (RM77.7 million) and 70.3% (RM64.1 million) of our total revenue for the FYE 2020, FYE 2021, FYE 2022 and FPE 2023, respectively, while our revenue contribution from glove manufacturers accounted for 10.6% (RM11.4 million), 9.7% (RM11.6 million), 11.1% (RM12.5 million) and 8.5% (RM7.7 million) of our total revenue for the FYE 2020, FYE 2021, FYE 2022 and FPE 2023, respectively. Any loss or reduction of orders from operators in this industry, if not replaced, may adversely affect our business operations and financial performance. (h) We face competition from other suppliers of calcium carbonate products. The competition we face from existing industry players and new market entrants domestically and from foreign countries may impact our revenue and profitability as we are required to be more price competitive in order to secure purchase orders. If we are unable to remain competitive, this may result in a reduction in our profit margins and/or reductions in orders or loss of business from customers, all of which would adversely affect our financial performance.
Upgrading of R&D facilities We plan to upgrade our existing R&D centre within our Zantat Perak Plant 1 as well as purchase additional test and product development equipment by 2024. Currently, our R&D centre mainly functions as a testing and quality control centre to conduct daily routine testing and quality control checks on incoming raw materials, in- process products, and finished products to ensure our input materials and finished products are safe and of the specified quality. As at LPD, we have 4 R&D personnel supported by 4 quality assurance personnel. Part of our strategies is to expand the team by hiring additional 2 R&D personnel and 1 quality assurance personnel. This will require an additional working capital for the expansion of R&D team As part of our R&D implementation, we allocate resources including budget, personnel and equipment to support our R&D activities. In addition, we continue to focus on the research of the following product range: (i) calcium carbonate products: continue to focus on improving existing and development new products to meet the technical requirements and formulation of end-user industries. This covers the research on materials, sources for materials, requirements of applications and industries, utilisation of specialised equipment, as well as working with end-users to enhance products in meeting technical specifications such as particle size required. (ii) bioplastic compounding where our R&D covers the utilisation of new machinery and equipment, formulation of biodegradable polymer with calcium carbonate, as well as additives and pigments. Although we carry out R&D, we did not recognise nor capture any expenditure for R&D activities for FYE 2020 and FYE 2021. We have begun capturing R&D expenses in FYE 2022 totalling RM0.2 million and FPE 2023 totalling RM0.2 million, particularly materials for bioplastic compounding activities. Our calcium carbonate products are used as raw materials for the production of plastic masterbatch and compounds, which are then used to produce various types of plastic products such as packaging films and injection moulded plastic parts and products. Previously, whenever we develop a new calcium carbonate product, the process of commercialising and marketing the said product is lengthy which can take up to 6 months. This is to ensure the viability of new product in meeting the desired specifications and customer requirements as customers would require various product testing and proof-of-concept. This is followed by collection of feedbacks to improve the products to address the customer requests and their technical needs. These potential customers would require additional product testing on the resultant plastic masterbatch and compounds to determine if our calcium carbonate products, after it is utilised as their raw material, meets their desired specification and requirements. Under our calcium carbonate product segment, we continue to carry out R&D activities and we had commercialised a new product (“Zanelite-A”) and initiated product testing for 1 new product “Zanelite-B” under the ultrafine-grade GCC range under our “Zanelite” brand during the financial years under review as follow: (i) commercialised “Zanelite-A” in 2021 where we started selling this new product in 2021; and (ii) initiated product testing for “Zanelite-B” where we delivered samples for product trial in the second half of 2022. Subsequently, we received feedback from our customer for product enhancement and received confirmed purchase orders in March 2023. As for bioplastic compounding, our R&D team has been carrying out product development using our existing facilities since 2022 and the products have been undergoing the product testing phase and is expected to commercialise by the first quarter of 2024.
Our R&D centre only has equipment to test our calcium carbonate products. We only have certain equipment to test our customers’ products, namely a tensile strength testing machine to test the tensile strength and tear resistance of packaging films, as well as a melt flow index tester to test the viscosity (melt flow index) and a filter pressure value tester to test the filter pressure value of plastic masterbatch. As such, we are unable to conduct other product testing and proof-of-concept in-house for our customers. We currently own a 16mm lab-scale twin screw extruder with a capacity to 2kg to 3kg of pellets per hour to produce plastic masterbatch and compounds in small batches where we would send these samples to external laboratories or to our customers’ laboratories for testing. This process can take between 3 to 6 months from the initiation of product testing and proof-of-concept up to feedback obtained from customers to improve the products and to address the customer’s technical needs before achieving the customer’s acceptance. For instance, our “Zanelite-A” had taken about 4 months where we initiated the product testing and proof-of-concept in March 2021 and feedback received from customer in order to improve the products in meeting the technical specifications in May 2021 before we received our first purchase order in June 2021. In addition, for the production of our bioplastic compostable packaging film compound, we currently own a single layer blown film machine to produce single layer blown film in small batches to perform testing. Typically, potential customers would require additional product testing on the packaging film to determine if our bioplastic compounds, after being used as their input material, would meet their desired specification and requirements. As such, we plan to purchase additional test and product development equipment to conduct this additional testing in-house to shorten our product trials to under a month.
To accommodate the new equipment, we are undergoing a renovation to expand the floor space of our current R&D centre at Zantat Perak Plant 1 from approximately 1,500 sq ft to approximately 5,400 sq ft, where we intend to free up the existing storage space at Zantat Perak Plant 1 to be made available for the expansion. The renovation is ongoing as at LPD. The renovation of the analytical lab was completed in August 2023. Meanwhile, the renovation for the processing lab is expected to complete by second quarter of 2024. As at LPD, the building plan for this renovation has been submitted to the local district council and it is pending approval. The estimated cost for the renovation is RM0.8 million and this will be funded through bank borrowings and internally generated funds. The proposed utilisation of proceeds of RM3.8 million for the upgrading of our R&D facilities will be used to purchase the above additional test and product development equipment. With the upgraded R&D facility with enhance testing capabilities, we will be focusing on our in-house product development and enhancement including testing of our products as well as for new and existing customers pertaining to our calcium carbonate products and bioplastic compounds. In the event of any spare resources in the future, we may conduct tests for third parties. In addition, we will still need to engage third parties for testing or proof-of-concept for products that require special tests not available in-house, such as atomic absorption spectroscopy. Additionally, third-party tests are also required for independent testing required by customers or for regulatory compliance. Additionally, as part of our strategy to expand our product range, we intend to develop the following products: (i) 3 new bioplastic compounds such as compostable stretch film compound, compostable mulch film compound and marine-degradable film compound; and (ii) enhance our ultrafine grade GCC namely “Zanelite” series and produce more varieties such as different coating applications and particle size distributions, for the manufacture of breathable films for use such as diapers which need better breathability, and bi-axially oriented polypropylene (BOPP) films for stronger packaging and labelling materials. (b) Upgrading of Calrock Perak Plant’s infrastructure We plan to upgrade and improve the building structures at Calrock Perak Plant by 2024. Calrock Perak Plant was established in 1971 and its previous major renovation works were undertaken in 2000. As it has been 24 years since its previous major renovation, we plan to refurbish and upgrade the plant. The upgrading of Calrock Perak Plant entails the construction works for a new 3,000 sq ft office and warehouse (including electrical works, fixtures and fittings, and professional fees), which will cost a total of RM1.0 million
Notes: (1) This refers to a standalone packing equipment with robotic arm to stack products on pallets and also to improve workplace safety by reducing manual handling of heavy products. (2) The high-efficiency motors are for equipment integration into our production lines in the Zantat Perak Plant 1 to reduce electricity consumption. All the above machinery and equipment will be purchased locally.
a friend recommended this counter on Monday but the IRAN tension make me hesitating to go in. was told TP.50 CENTS . no margin right i one dont buy in volume
sudah terbang. I think will challenge high of 0.56 real soon and possible breakout above 0.60. Let's see how it goes. can close 0.51 tomorrow can challenge 0.535.
morning.. paktua love to sail on new sea zantat sea more promising.. from rm0.38 now already rm0.50.. not yet hit P-23.. more time to go to sail far till P-47..
with demand hight on construction.. and hot season property n construction zantat will get big benefit..
tut tut journey to rm0.70 will continue till we reach the destination..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paktua73
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Posted by paktua73 > 3 weeks ago | Report Abuse
zantat now break rm0.47..
so 1st correction now happen..
so who was 1st stage enter previously
now range rm0.43 to rm0.46 mybe can get the cheap opportunity again..
tut tut
paktua n team we from rm0.38 below will relax n hold