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  Noobster2019 aiya.. this counter sure profit one la.. no need every minute heart attack la.. just keep la.. dont see for 1 month probably get 25% stable profit ad.. 06/12/2019 4:49 PM Agjl For me, its not time to shift my portfolio...i think still premature to exit, in my own opinion... 06/12/2019 7:15 PM Agjl Kilady...wishing u all the best in your pursuit of your 2nd Berkins in Serba. All the best and cheers! 06/12/2019 7:16 PM Agjl It may go higher and may just succumb to profit taking later in the afternoon 08/12/2019 10:27 PM Noobster2019 Cb this is the price I sold.. No bullet ad.. Wait I gain more on other counter then buy back.. U think still got chance to reach 2.8? 11/12/2019 1:07 PM investortrader88 Date Price Target Source News 11/12/2019 3.49 AmInvest News 30/09/2019 4.85 KENANGA 11/12/2019 7:26 PM investortrader88 AmInvest Research Reportsclick to expand contents Guan Chong - Go loco over cocoa Author: AmInvest Publish date: Wed, 11 Dec 2019, 3:03 PM Close Investment Highlights We initiate coverage on Guan Chong with a BUY call and fair value of RM3.49/share based on an FY21F PE of 13x. Our P/E is at a discount to the group’s international peer’s average forward P/E of 19x. The discount is placed because its peers have a more integrated downstream/upstream operation whereas Guan Chong is a pure upstream player. We believe that the PE of 13x is justified given the group’s strong market position as the 4th largest cocoa grinder in the world as well as its upcoming growth plans. Guan Chong has flourished in recent years, transforming itself into the world’s 4th largest supplier in the oligopolistic cocoa grinding market with its latest acquisition and expansion, increasing its capacity to 250K MT per annum. We highlight the following key investment merits: 1) The resilient outlook in the global chocolate confectionery sector underpinned by: (i) rising disposable income; (ii) improved retail distribution; and (iii) changing lifestyles resulting in the emergence of the preference for dark chocolate. This is further buoyed by the recent uptick in demand for cocoa powder in Asia. 2) To capitalize on growth prospects, Guan Chong has put in place an expansion plan in Ivory Coast to benefit from direct sourcing of cocoa beans as well as to tap into the biggest market of consumer chocolate confectionery in Europe. There has been a shift in approach of the world’s top 3 cocoa grinders whereby they are increasingly relying more on external supply of cocoa-food ingredients as the manufacturers focus more on chocolate confectionery manufacturing. This means that Guan Chong’s output can easily be taken up to cater to the chocolate confectionery manufacturers’ requirements. We expect Guan Chong’s earnings to grow by 4.6% and 22.4% in FY20–21F driven largely by: (1) increasing contribution from its expansion plans; (2) better margins due to improved cocoa powder pricing and raw material hedging; and (3) organic growth in the chocolate confectionery market which will increase the demand for cocoa-derived food ingredients. Source: AmInvest Research - 11 Dec 2019 11/12/2019 9:31 PM Agjl All the above are old news and pre bonus. All the earnings figures are pre bonus i suppose. All make ot so confusing for new comers 11/12/2019 10:03 PM Outliar Wondering why there isn't much of an interest here from the more well known investors on this forum like Icon and Phillip. Extremely high ROC, earnings growth, revenue growth, Decent EBIT/EV to boot. 11/12/2019 11:54 PM investortrader88 ♦ RHBIB Dear Valued Client, *Trading Stocks* Date/日期 : 11/12/2019 1) *JOHOTIN (7167)* Price/现价 : 1.81 Target price/目标价: 1.90/2.00 Cut loss/止损价 : 1.68 **Syariah Sector/领域: CONSUMER PRODUCT 2) *FPGROUP (5277)* Price/现价 : 0.685 Target price/目标价: 0.75/0.80 Cut loss/止损价 : 0.62 **Syariah Sector/领域: INDUSTRIAL PRODUCT 3) *COASTAL (5071)* Price/现价 : 1.28 Target price/目标价 : 1.45/1.55 Cut loss/止损价 : 1.22 **NON Syariah Sector/领域 : ENERGY 4) *SAMCHEM (5147)* Price/现价 : 0.725 Target price/目标价: 0.755/0.80 Cut loss/止损价 : 0.68 **NON Syariah Sector/领域: INDUSTRIAL PRODUCT 5) *QL (7084)* Price/现价 : 7.60 Target price/目标价 : 8.00/8.50 Cut loss/止损价 : 7.35 **Syariah Sector/领域: CONSUMER PRODUCT 6) *GCB (5102)* Price/现价 : 2.92 Target price/目标价: 3.30/3.50 Cut loss/止损价 : 2.70 **Syariah Sector/领域: CONSUMER PRODUCT Source : RHB RESEARCH INSTITUTE _*Disclaimer*:This message is for information purposes only. Reproduction or dissemination to third party is prohibited. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information nor shall it be construed as an offer/solicitation or recommendation to buy/sell any stocks . Investors should make their own informed decisions by consulting your own independent adviser(s) before investing. We accept no responsibility or liability for loss or damage that may arise from the reliance of this message. For the full information regarding the stocks mentioned herein please refer to the relevant websites._ 12/12/2019 7:54 AM  |
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