 | Stock: [MHB]: MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BHD Feb 23, 2021 5:13 PM | Report Abuse Technip FMC, major shareholder of MHB, wins USD 500mil contract. MHB to benefit? |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Feb 23, 2021 5:07 PM | Report Abuse Haha I don't put it in my watchlist anymore, just let it run |
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| Stock: [REVENUE]: REVENUE GROUP BHD Feb 19, 2021 6:03 PM | Report Abuse I wonder where that fear spreader mohdaminsabu is, challenging me some months back. |
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| Stock: [REVENUE]: REVENUE GROUP BHD Feb 19, 2021 6:02 PM | Report Abuse terence775 Hopefully nobody panic sell because of some random i3 comments.. remember to do your own due diligence and don't simply believe whatever is written here.
05/11/2020 4:21 PM |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Feb 16, 2021 9:15 PM | Report Abuse I'm guessing QR must be good. |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Feb 16, 2021 9:15 PM | Report Abuse No chance for your 60 sen bro. |
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| Stock: [REVENUE]: REVENUE GROUP BHD Feb 5, 2021 4:50 PM | Report Abuse If you believe, you believe. if you don't, tp and enjoy the weekend. |
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| Stock: [MFCB]: MEGA FIRST CORP BHD Feb 4, 2021 5:39 PM | Report Abuse Congratulations to all MFCB holders. All time high! We've been through thick and thin together :') |
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| Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD Feb 4, 2021 12:13 PM | Report Abuse Yes, I wanna see how the rising oil prices affect their margins. but overall, I think good growth all around.. |
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| Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD Feb 4, 2021 10:55 AM | Report Abuse Tguan is a beneficiary of the rising usage of plastic in general. All items shipped or transported will require their cling wraps. |
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| Stock: [MFCB]: MEGA FIRST CORP BHD Jan 29, 2021 12:32 PM | Report Abuse If anyone can confirm that, they wouldn't tell you in a public forum.... |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Jan 29, 2021 11:59 AM | Report Abuse This kind of price is unwarranted imo. Bulk of the sales are local, either in Malaysia or in Vietnam. |
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| Stock: [PTRANS]: PERAK TRANSIT BHD Jan 27, 2021 5:03 PM | Report Abuse pegang lama lama tidak apa |
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| Stock: [BURSA]: BURSA MALAYSIA BHD Jan 27, 2021 11:20 AM | Report Abuse Zhuge always comes out at the lowest point. Remember, when he is talking garbage, it's time to enter. 5 Jan he called me out and said bursa going to drop to 7 or lower. Where is he now? Look at the graph from 5 Jan onwards.
Zhuge_Lin Still dreaming of RM10, RM12 or RM14? Where is Terrence and his accomplices. Shouting sky high target price to trap newbie.
05/01/2021 12:38 PM |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Jan 22, 2021 6:01 PM | Report Abuse Suddenly so many new people here? welcome, welcome. |
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| Stock: [BURSA]: BURSA MALAYSIA BHD Jan 19, 2021 5:53 PM | Report Abuse How to declare special dividend when their payout ratio already almost 95%?????? aiyo you all?? |
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| Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD Jan 8, 2021 11:08 AM | Report Abuse Those who cutloss heart damn pain lo. Those who autopilot don't really care haha. Those who had the guts to avg down the obviously oversold event are happy now. |
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| Stock: [BURSA]: BURSA MALAYSIA BHD Jan 7, 2021 4:40 PM | Report Abuse Remember your words Zhuge?
>> Jul 14, 2020 10:03 AM | Report Abuse
you are betting for it to reach rm9 which could earn you 0.50 but the risk is it could drop back to RM6 which is just 2 months ago. Your risk to reward is hoping to gain 0.50 but willing to lose 2.50. That is not a very good business proposition in anyway you look at it.
*
Well, it reached RM 11 after you were harping on people to throw their tickets to you. Bad, bad guy. |
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| Stock: [BURSA]: BURSA MALAYSIA BHD Jan 7, 2021 4:33 PM | Report Abuse From half a year ago at RM 8 I was here, and actively said below RM 8 is good as BURSA slid to almost RM 7.... and I remember clearly you saying it will drop to RM 6. I enjoyed the rally all the way to RM 11 and I actively advised people NOT to chase above RM 10 as I said the risk is already very high. When it dropped to RM 8, you were talking trash once again, while I openly said I bought. It rallied to above RM 9 again after that. Whoever cannot make money despite all this, is it still my fault? |
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| Stock: [BURSA]: BURSA MALAYSIA BHD Jan 7, 2021 4:26 PM | Report Abuse Wow, Zhuge calling me out? Interesting. |
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| Stock: [ASIAPLY]: ASIA POLY HOLDINGS BHD Dec 29, 2020 5:08 PM | Report Abuse Haha patience lar aiyo.. |
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| Stock: [PTRANS]: PERAK TRANSIT BHD Dec 29, 2020 5:01 PM | Report Abuse You can upload to a file sharing website and share the download link here.
https://wetransfer.com/
or even google drive and set sharing privacy to everyone with link can download |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 28, 2020 5:45 PM | Report Abuse 80.5c you called trapped ah.. wa.. I really nothing to say |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Dec 17, 2020 2:08 PM | Report Abuse Ya Gillian, chill bro. Being emotional like this will only make people disrespect your opinion more. |
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| Stock: [MFCB]: MEGA FIRST CORP BHD Dec 17, 2020 10:40 AM | Report Abuse Short selling definitely legal... In Malaysia and around the world. It was suspended for a time except for permitted short selling by market makers. I don't see it as manipulation, but it can be used for such purposes if a fund is big enough. |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Dec 17, 2020 10:38 AM | Report Abuse Ahgoo, not a lousy quarter lah.. but not great. Have to find out why margin dropped even when topline remain about same. Everyone knows they are about full capacity since last quarter d so I didn't expect much growth but the profit decreasing kinda surprised me. 50% increased capacity coming online in December so should be reflected in next qr... We see how. At this juncture I think dnonce is fairly valued but doesn't take into consideration of their growth coming. There's an investor briefing today, let's see what management has to say. |
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| Stock: [MFCB]: MEGA FIRST CORP BHD Dec 16, 2020 5:52 PM | Report Abuse Short selling means they sell shares they don't own, and must close the short position i.e. buy back before a stipulated time. |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Dec 16, 2020 3:25 PM | Report Abuse Wa Gillian, you sound so fake leh... don't like that. One day die hard fan another day suddenly flip. |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 15, 2020 11:52 AM | Report Abuse Above copy pasted from the report, adjusted format a bit to make it easier to read. |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 15, 2020 11:46 AM | Report Abuse Maintain BUY with higher TP of MYR1.03 from MYR0.77, 30% upside
and c.4% FY22F (Apr) yield. NTPM is transitioning to an earnings upcycle,
underpinned by the lower raw material prices, narrowing Vietnam losses,
and progressive contribution from the newly-added capacity. In addition,
moderation in capex moving forward will free up more cash for the company
to deleverage and dish out higher dividends. Valuation is undemanding with
the stock trading at an unwarranted 45% discount from Bursa Malaysia
Consumer Product Index (KLCSU) FY21F P/E of 24x.
Poised for an earnings upcycle. We foresee a forthcoming earnings
upcycle for NTPM after the earnings downtrend in FY18-20 that were
dragged down by the Vietnam losses and a sharp surge in pulp prices.
Essentially, margin expansion is sustainable as pulp requirement is stocked
until mid-2021 at a low price level. Besides, it will also be supported by the
favourable product mix and surge in demand for wet wipes in personal care
segment. On top of that, the business rationalisation plan whereby export
business is reallocated to Vietnam plant, has lifted the production scale and
hence narrowed the losses. The resultant spare capacity in Malaysia plants
has been repurposed to produce recycled grade products. Meanwhile, the
prospect of filling up newly expanded capacity (+45% in 2019) is gaining
positive traction with more orders expected to be secured.
On a cleaner slate. The heavy capex cycle is over for NTPM after a total
of MYR250m of capex invested in FY18-20, management expects to incur
maintenance capex of MYR15-20m pa in FY21 and FY22. This will free up
more cash for the company to degear and declare a higher dividend. We
forecast net gearing to moderate to 0.65x in FY22 from 0.81x as of 1QFY21,
whereas our DPS forecasts in FY21-FY23 imply c.3-4% yield.
Expecting further earnings recovery. NTPM is scheduled to release its
2QFY21 results on 18 Dec. We expect the strong earnings recovery
momentum seen in 1QFY21 to sustain. Its 2QFY21 net profit is estimated
to be MYR12m-14m (vs 1QFY21: MYR14.6m). This will imply a sharp YoY
turnaround from the 2QFY20 headline losses of MYR1.4m. We made no
changes to FY21 forecast but raised FY22-23 earnings forecasts by 12-
13% to pencil in management’s guidance on margins.
Our DCF-derived TP rises to MYR1.03 correspondingly after the earnings
revision and a tweak in risk assumptions to better reflect the positive
prospect. TP implies 17x P/E FY22F, at +1.5 SD over the stock’s 5-year
mean, justified by a forecasted 3-year earnings CAGR of 98%.
Restructured to be shariah-compliant again
NTPM was deleted from the latest shariah-compliant securities list after breaching the
stipulated debt/asset ratio. We understand that the debts have been restructured to meet
the requirement. That said, the company will have to wait for the review in Nov 2021 to
return to the list as the review will be based on the figures in its annual report which is
normally released in August.
FX exposure is hedged
USD movement against MYR will not impact NTPM’s earnings significantly as export sales
(40% of total sales) are naturally hedged by the purchase of imported raw material.
Risks to our recommendation include sharp rise in input costs and laterthan-expected turnaround in Vietnam operation |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 15, 2020 10:06 AM | Report Abuse Yes, confirmed friday 18/12 as reported by RHB analyst. Btw, they gave NTPM a TP of RM 1.03 |
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| Stock: [LIONIND]: LION INDUSTRIES CORP BHD Dec 14, 2020 4:58 PM | Report Abuse khatulistiwa bro, you need to take a break and drink some tea. relax a bit. |
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| Stock: [LIONIND]: LION INDUSTRIES CORP BHD Dec 14, 2020 4:58 PM | Report Abuse Alan, unfortunately no index monitors the sub segment. Can only check the industrial materials. Anyway if you put all steel or metal related counters in one watchlist you can roughly get the gist on how the sector is doing. |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Dec 14, 2020 3:43 PM | Report Abuse That being said, I still am a firm believer of Dnonce and look forward to their QR which should be coming out anytime soon. |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Dec 14, 2020 2:44 PM | Report Abuse Hi Luke and Gillian, I think you may be mistaken because cleanroom facilities are normally for EMS players, not really related to healthcare players. In the case of vaccine or medical use, what they need is a sterile room, not clean room.
A sterile room may not be a clean room. A clean room may not be a sterile room. Do take note ya. Dnonce makes EMS parts for certain medical related devices amongst other things. They are not involved in logistics for vaccines, nor do they have the capability for that as well, as to what you seem to be implying. |
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| Stock: [MFCB]: MEGA FIRST CORP BHD Dec 14, 2020 11:03 AM | Report Abuse Haha... my intention is to spread knowledge in this forum. i3 is filled with malicious people and nonsense most of the time. |
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| Stock: [LIONIND]: LION INDUSTRIES CORP BHD Dec 14, 2020 10:38 AM | Report Abuse Alan, it is under industrial products-> metals subsector |
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| Stock: [MFCB]: MEGA FIRST CORP BHD Dec 12, 2020 3:38 PM | Report Abuse How do you consider it high debt?
Receivables outweigh payables. (RM 240 mil vs RM 180mil)
Current cash balance can repay all short term borrowings. (145mil vs 149mil) This implies that current cash on hands can repay all borrowings for the next 4 quarters.
Long term debt amounts to about RM 600mil roughly.
In this quarter alone, profit from operations is around RM 100mil. Assuming there is no growth at all, the company can repay all debts in 6 quarters.
But do expect further growth in profits as Don Sahong experiences increased power availability factor now during the raining season, not to mention their booming plastics segment and growing solar segment.
Note that short term debt= 1 year and long term debt may be upwards of 9+ years.
At the rate they are increasing their free cash flow, they are in a comfortable position to repay all debts in a timely manner while being able to distribute dividends or expand further if they so desire. |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 12, 2020 2:43 PM | Report Abuse Should be end of this month |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 10, 2020 10:13 PM | Report Abuse Unfortunately Ivan, your knowledge is a bit shallow if you really just take EPS of 1.3 sen * 4. By the way, with your assumption of PE 18, it should be around 93 sen. So I'm not sure how you calculated.
We shall see by end of this month, how much more the profits can grow, and perhaps you might reconsider your calculations. |
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| Stock: [LSTEEL]: LEADER STEEL HOLDINGS BHD Dec 10, 2020 10:09 PM | Report Abuse Wah bro.. most steel counters just gained around 20-30% in slightly over a week, need to rest a while leh |
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| Stock: [LIONIND]: LION INDUSTRIES CORP BHD Dec 10, 2020 10:08 PM | Report Abuse Khatulistiwa my dude, you sound kinda desperate there.. I think you better stop |
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| Stock: [LSTEEL]: LEADER STEEL HOLDINGS BHD Dec 10, 2020 5:27 PM | Report Abuse Energiser, are you sure it's iron ore or manganese ore? Very different price trend for both. |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Dec 8, 2020 5:10 PM | Report Abuse Normally early in the month they would release it. I wonder if they're trying to match topglove QR date. I'm not sure. but definitely within this month. |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 4, 2020 6:12 PM | Report Abuse Welcome aboard! lets go to RM 1+ after Christmas :D |
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| Stock: [NTPM]: NTPM HOLDINGS BHD Dec 4, 2020 5:51 PM | Report Abuse Peggy, retraced a bit already. Got on ka? |
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| Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD Dec 3, 2020 10:30 AM | Report Abuse Rainbow, any method works really. TA= average near supports, or when MACD enters oversold, or etc.
Dollar cost averaging also can.
Or pyramid averaging also can (drop xx%, add) |
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| Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD Dec 2, 2020 7:06 PM | Report Abuse It would rebound eventually. Just see whether you can hold it, and if you dare, to average lower at the right prices.
For a company with profits continually growing and prospects still good, share price on the long term is only up up up. Of course, short term anything can happen. |
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| Stock: [DNONCE]: D'NONCE TECHNOLOGY BHD Dec 1, 2020 12:06 PM | Report Abuse Yup, 50% capacity expansion come online this month, to match with TG and STA expansion as well. |
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| Stock: [PCHEM]: PETRONAS CHEMICALS GROUP BHD Dec 1, 2020 11:18 AM | Report Abuse You can hope but unlikely to get. Drop simply because of rebalancing of portfolio by the passive index funds. |
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