Sneakpeek 
554 posts |  Posted by Sneakpeek > Aug 11, 2020 1:06 PM | Report Abuse
Today maybe closing RM 2..1.80 is for tomorrow |
phanghc24
79 posts | Posted by phanghc24 > Aug 11, 2020 1:10 PM | Report Abuse i still waiting 1.80 closing as predicted by my master mikecyc |
happyface15
7 posts | Posted by happyface15 > Aug 11, 2020 1:17 PM | Report Abuse Thanks Calvin. but im stuck at esceramic |
Scylla
65 posts | Posted by Scylla > Aug 11, 2020 1:27 PM | Report Abuse Vocalno coming whole world need glove |
kuring2
60 posts | Posted by kuring2 > Aug 11, 2020 1:29 PM | Report Abuse happyface15.. no worries.. you're not alone.. im also stuck at esceram :).. just dont think so much..cheers |
Flyinghorse
2139 posts | Posted by Flyinghorse > Aug 11, 2020 1:33 PM | Report Abuse Me too also get caught in esceram. Just hold it. When the time comes it will go up again. No need to cut lose. Chill bro |
warrantsmaster
94 posts | Posted by warrantsmaster > Aug 11, 2020 1:58 PM | Report Abuse PM me to get added into warrants discussion group |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:02 PM | Report Abuse haha why the Tikkuss still no give TP ? Conman raider / Phanghc what is your TP ??? |
| |
kuring2
60 posts | Posted by kuring2 > Aug 11, 2020 2:03 PM | Report Abuse Flyinghorse.. yup. they will rebound.. cant afford to cut lost now :).. huge damage already hehehehe |
Scylla
65 posts | Posted by Scylla > Aug 11, 2020 2:04 PM | Report Abuse Just cut loss and entry in low it will fix at all |
Learnnew
25 posts | Posted by Learnnew > Aug 11, 2020 2:05 PM | Report Abuse https://www.klsescreener.com/v2/news/view/712511/hlt-to-undertake-private-placement-for-new-glove-making-plant |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:06 PM | Report Abuse haha Goreng gang no more give TP ? no confidence? holding more than 90 % of T+3 balance 70 million shares .. sendiri main .. gap up RM3.00 pun boleh lah .. no TP not confidence loh.. haha |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:08 PM | Report Abuse after today Goreng mau gap up RM 4.0 pun boleh .. hari ini 2.30 pm start pls gap up at least the balance 7 million shares stuck above RM 3.00 can dispose .. |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:11 PM | Report Abuse HLT is no turning back as it's Dipping line business will be limited as go upstream become rival to Gloves manufacturers.. but HLRI financial performance is very bad ..How to compete with others Big 4 or Big 8 .. haha |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:12 PM | Report Abuse 2020 .. 2021 will be extremely difficult.. |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:13 PM | Report Abuse HLT Glove Dipping Lines
1.)Refer FY20(1Q) ended March 2020 :
Revenue 8,852,000
(Loss)/Profit 3,502,000 + 39.57 %
2.) Refer FY19 :
Financial Year Ended 31 December
Revenue 54,155,478
(Loss)/Profit 6,095,962 +11.27 %
3.) Refer FY18 :
Financial Year Ended 31 December
Revenue 51,544,397
(Loss)/Profit (24,380,000 ) (47.3%)
4.) Refer FY17 :.
Financial Year Ended 31 December
Revenue 44,823,463
(Loss)/Profit (6,247,440 ) (13.94%) |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:14 PM | Report Abuse Referred to FY20 (1Q ) ended March :
a) Financial assets
Trade and other receivables 22,182,000
Cash and bank balances 13,535,000
total = 35,717,000
b) Financial liabilities
Loans and borrowings 1,892,000
Trade and other payables 23,353,000
Lease liabilities 6,910,000
total = 32,155,000
a) - b ) = 3,562,000
Note : Trade receivable with Allowance for impairment losses ( 17,035,000 ) based on Group's normal trade credit terms range from 30 to 90 days .. not a good sign .
#
Geographical Information:
Revenue
FY20 (1Q ) vs FY19 (1Q )
Domestic : 8,219,000 1,818,000
Overseas : 17,913,000 30,030,000
Note : FY20 (1Q) ended March export sales revenue is reduced by 40.3 % .. not a good sign either. |
degaht
271 posts | Posted by degaht > Aug 11, 2020 2:15 PM | Report Abuse https://klse.i3investor.com/blogs/supermax_analystbriefing/2020-08-11 |
Mikecyc
8012 posts | Posted by Mikecyc > Aug 11, 2020 2:15 PM | Report Abuse HL Rubber Industries Sdn Bhd
1.)Refer FY20(1Q) ended March 2020 :
Revenue 17,287,000
(Loss)/Profit (1,262,000 )
2.) Refer FY19 :
Financial Year Ended 31 December
Revenue 90,672,346
(Loss)/Profit ( 1,829,217 )
3.) Refer FY18 :
Financial Year Ended 31 December
Revenue 78,534,089
(Loss)/Profit 60,383
>>> HLRI Profit Guarantees of RM 10 million for FY18 and FY19 :
That is : 10,000,000 -1,829,217+ 60,383
= 11,889,600 owing to HLT as end of December 2019 .
Note : HLRI 2 financial year performance is very bad per sales agreement condition .
KUALA LUMPUR (Jan 29): Glove-dipping line manufacturer HLT Global has entered into a conditional share sale agreement (SSA) for the acquisition of 5.775 million shares or a 55% equity stake in HL Rubber Industries Sdn Bhd (HLRI), for RM33 million.
In a statement, the company said the agreement was signed with vendors Suntel International Co Ltd, AXG Capital Sdn Bhd and Lee Sow Yin, with the purchase consideration to be satisfied via the issuance of 113.79 million HLT shares at 29 sen per share.
The agreement formalises the Heads of Agreement (HOA) entered into on Jan 11.
>> Under the agreement, the vendors have guaranteed a minimum profit after tax of RM10 million for the financial years ending Dec 31, 2018 (FY18) and FY19 and audited net assets of RM38.8 million.
Based on an average profit guarantee of RM5 million per year, the purchase consideration translates into an implied price-to-earnings multiple of 12 times, said HLT Global. |
strattegist
5835 posts | Posted by strattegist > Aug 11, 2020 2:18 PM | Report Abuse green |
Dragon2020
6 posts | Posted by Dragon2020 > Aug 11, 2020 2:18 PM | Report Abuse How long it tales for the warrant to be converted to mother shares. |
