It's a mistake to take huge US dollar denominated debts.

Never knew they took so much US dollar denominated loans.

Next quarter forex loss will be even worse as ringgit tumbles.

Window dressing attempted today.

Whenever they try to window dress the price, take advantage of it.

Those who took profit yesterday were smart.

Excellent selling opportunity for today.

Recession will hit automotive markets hard. Becareful......now overpriced and artificial.

KYY panic selling now......

Selling opportunity....someone still trying to prop up the price artificially.

Monday will drop back.

Last minute window dressing today.

How can oil palm stocks go up when futures indicate that palm oil prices will be on downtrend?

How can KYY promote insolvent companies to investors????

How can Subur go up when its current liabilities exceed its current assets? It's an insolvent company!

KYY dumping Subur now while he asked investors to buy.

Possible to make 50% capital gains by year end.

https://www.cnbc.com/2022/05/11/china-autos-shanghai-production-plunged-in-april-after-covid-lockdown.html

Better run fast before KYY capitulates.

Subur 's auditors have raised concerns about the company's current liabilities far exceeding it's current assets, thus flagging a financial solvency issue. That's why it's being sold off.

For the auditors of Subur to qualify it's audited accounts bcos it's current liabilities far exceed it's current assets indicates financial solvency issues in the future.

Why the market is giving Subur Tiasa a very low PE ratio rating is
bcos the company ' s audited accounts are qualified by the auditors with concerns over it's bad financial situation.

Subur is hopeless.......KYY aleady sold.

China's auto association reported that car sales dropped 48% year on year in April.

Ringgit weakened to 4.37 .

Subur crashes 9.2% in one day as big short term speculators take profits.

KYY dumpimg now.....

It's simply overpriced.

Longer term investors are collecting.

Bad sign ..... people and insiders are taking the opportunity to sell.

Just 6 months ago Texchem was trading at 45% below its net assets per share.

Texchem is now trading at 33% ABOVE net assets per share while Evergreen is now at 30% BELOW net assets per share.

https://www.bloomberg.com/news/articles/2022-04-27/malaysia-s-ringgit-heads-for-steepest-monthly-decline-since-2016

Ringgit now 4.36 to the dollar.

Directors and insiders are slowly disposing......

Ringgit now 4.32 to the dollar

Even Mieco is now selling at 1.8 times net assets value.

Evergreen has one more huge advantage.... the rising dollar. All its sales are in dollars and its production costs are in ringgit.... hence double whammy positive profit impact .

Two weeks ago Texchem was also selling at a big discount to its net assets per share..... today it's selling at 28% above its net assets per share.

This counter is still selling at 37% discount to its net assets per share.

Wow. Just two weeks ago Texchem was selling at a big discount to it's net assets per share of 2.18.

If you are a good trader, then trade. If you are a good investor, then invest.

But if they are not good enough, both will lose money.... in which case the investor will lose much more than the trader. The market is fair and impartial.

But if they are good, both will make money, whether you are a trader or an investor.

The only difference is that good traders make less money than good investors.

What's wrong with being traders?

It's a value investors ' stock.

Texchem already trading above net assets per share while Evergreen still way below NTA per share.

Now ringgit/ USD is 4.28. It's likely to go to 4.40 then 4.50.

Ringgit at 4.28 is very good for local wood products manufacturers.