Posted by Mikecyc > Jun 3, 2020 11:11 AM | Report Abuse

con artist will be the first one run away as in Netx..

said his 15 million shares is splited into 2 accounts. You said many times operasi tong sampah happy buy cheap cheap, if you bought 1.5 million shares at 2 sen , ie RM 30 k , can you be in top 30 as the last 30 with 8 million shares ?

can answer ?

Con artist replied answer : one account in JB over 7 million , one account in KL , add up will be in Top 30.

Conclusion:

JB account 7.5 million shares, KL account 7.5 million shares. If bought additional 1.5 million shares with 2 sen , ie RM 30,000 , one of the account will be more than 8 million shares and be in Top 30 .
He don’t even has RM 30,000 to buy ,said sold 8 house to buy , just a broke person .

Recalled Why partner with Raider in Insas warrants even intended to con people to buy just for RM 1000 Profit .

Posted by Valerie Py > Jun 3, 2020 12:58 PM | Report Abuse

Calvin sifu , nylex still can enter at 0.80?

Posted by handsome5555g > Jun 3, 2020 1:24 PM | Report Abuse

Its a good time to add more to average down your price. Just waiting to fly suddenly out of nowhere

Posted by calvintaneng > Jun 3, 2020 4:08 PM | Report Abuse

Valerie

Py Calvin sifu , nylex still can enter at 0.80?
03/06/2020 12:58 PM

Yes can buy on weakness

I bought more at 82 sen & 82.5 sen today

Posted by alextan5680 > Jun 3, 2020 7:02 PM | Report Abuse

Gloves theme play broken, sanitizer still can tahan?

Posted by Mikecyc > Jun 3, 2020 9:27 PM | Report Abuse

FY No. Rev PBT PAT EPS
May20 3 275,341 -2,642 -3,674 -2.10
May20 2 315,718 742 270 0.15
May20 1 314,570 495 -1,125 -0.63

Posted by Sashay88 > Jun 3, 2020 9:28 PM | Report Abuse

Yes ! take a break from Glove. Now play sanitizers.

Posted by Mikecyc > Jun 3, 2020 9:29 PM | Report Abuse

Referred to Q3 ended 29/2/2020 :

PPE = 149.865 million

Cash n bank balances = 62.409 million

Short term deposit with banks = 16.402 million

Long term borrowing = 35.006 million

Short term borrowing = 171.127 million

>>> Gearing ratio = 0.91

FY19 revenue = 1.560 billion , Loss = 0.2 %

FY20 (3Q) revenue = 0.906 billion , Loss = 0.5 %

Posted by Mikecyc > Jun 3, 2020 9:29 PM | Report Abuse

Due to the new plant , Debt Gearing Ratio is gap up to 0.91 . The killing part is 83 % is of short terms borrowing.

Posted by Sashay88 > Jun 3, 2020 9:30 PM | Report Abuse

Mikecyc what do u buy ?

Posted by Mikecyc > Jun 3, 2020 9:33 PM | Report Abuse

EPS (cent)* -2.26
P/E Ratio ---

Posted by jlong23 > Jun 3, 2020 9:59 PM | Report Abuse

Trading and distribution company use alot of financing instruments such as Letter of Credits which are used to purchase goods. As trading and distribution accounts for most of the revenue of Nylex, it is normal to have high 'short term debt'.

Posted by calvintaneng > Jun 3, 2020 10:03 PM | Report Abuse

Sifu Warren Buffet said

You don't drive a car by looking at it's rear view mirror

You look ahead

So you don't look at past results of Nylex when you invest in this cyclical upturning stock

The game changer for Nylex is

1. On March 18 Mco started due to covid 19.
Panic buying of face masks and sanitizer all sold out and no stock

Just in time Nylex Fermpro ethanol is newly refurbished with 5 million litres of 99.5% pure ethanol

This is now converted into sanitizer by Ancom for sale around Rm50 per litre

That is Rm250 million gross revenue

This is one catalyst

2. Another catalyst is crude oil has crashed from Usd70 to less than Usd40 now

It will help increase profit from polymer chemical division

So after March 2020 Nylex will be making lots of money like never before

That is why Nylex jumped from Rm6.80 to Rm9.80

This pullback is caused by IB limiting loan margin for glove

Wise investors will take the opportunity to buy on weakness now

Nothing can stop this Nylex bull

Posted by Zapxiuxiu > Jun 3, 2020 10:08 PM | Report Abuse

sifu calvin, the tp for nylex is it remains unchanged which is 1.2 for short term?

Posted by handsome5555g > Jun 3, 2020 11:07 PM | Report Abuse

Tomorrow T3 ?

Posted by calvintaneng > Jun 3, 2020 11:08 PM | Report Abuse

Zapxiuxiu sifu calvin, the tp for nylex is it remains unchanged which is 1.2 for short term?
03/06/2020 10:08 PM

Yes correct

Rm1.20

Then Rm1.50

After that Rm2.00

Posted by Michael Kwok > Jun 3, 2020 11:21 PM | Report Abuse

Excuse me.Not just Calvin is good here.I can answer for u.Should be more.Every shop,building,factories,shopping mall,banks,supermarket and hypermarket use alcohol base sanitizer(offensive to kill germ).It will shot up to demand more thn supply once MCO lifted.Is Nylex and other has less thn 30 million alcohol per year for medical.But when u all divide by 365 days.Think is it enough?No.One of the SOP is use sanitizer as new normal.

Posted by Michael Kwok > Jun 3, 2020 11:23 PM | Report Abuse

I bought rm 40k at 80 cents and 85 cents(75 percent of the money).Please wait.

Posted by Michael Kwok > Jun 3, 2020 11:24 PM | Report Abuse

If no good would not support Calvin or bought rm 40k in here.

Posted by Mikecyc > Jun 4, 2020 9:07 AM | Report Abuse

wayang kulit show ...

Posted by Michael Kwok > Jun 4, 2020 9:40 PM | Report Abuse

Still keeping.No comment.

Posted by EngineeringProfit > Jun 4, 2020 9:41 PM | Report Abuse

I sold 0.94....

......wanted to buy back this morning......but had sailang in glove stocks

Posted by PureBULL ... > Jun 5, 2020 1:04 AM | Report Abuse

Only 2 Sanitizer stocks on klse:

NYLEX n HEXZA r both gems that could
go limit up like ADVENTA soon ...

Both r small co doing huge global biz now ...