Here's my understanding to why RAM reaffirmed the high rating for Cypark's debt even though there's allegation that the Cypark as a whole and LSS3 projects are underwater. Giving Cypark the benefit of the doubt that there's no financial fraud commited, perhaps the projects will still generate enough cashflow to service the debt. However the remaining concern is whether there is any profit left for the shareholders. What I am trying to say is just because a debt is rated highly, it's not guaranteed that shareholders will benefit. What do you guys think?

Nagasaran93, the contracts signed by cypark were probably fine. It’s just that the projects have so much delay and cost overrun, which will probably make them unprofitable.

IF the facts about WTE in the report is true, CYPARK will go much lower

I think one of the reasons is high customer concentration. Most income comes from the hydro plant in a developing country, which is definitely not a low risk investment I think.

Genetec is not related to China, but China Evergrande defaulting might cause financial panic throughout the world. In the short term, speculative stocks like Genetec might crash.

Sold all for a nice 30% profit. Will re-enter if it goes below 20.

China Evergrande is dragging Hang Seng Index down. Investors in speculative companies should be cautious over the next few days as the property market crash in China might have a severe domino effect.

MyNews should have room for more bank borrowings since its gearing ratio is quite low.

Korean pop culture cannot be underestimated. CU can potentially eat into Family Mart market share and overtake it!

Hey Ben and other contributors, thanks a lot for the good discussion here. Keep up the good work! It's so much civilized and productive here compared to the main forum!

Where do you get the information about the release time of the quarter result?

thanks to those sochai who panic sold, managed to get some at 18.3

Hopefully the share price will drop back to 2.0x. then I will buy some for it's resilient business

The recent price surge is purely driven by irrational retail players who only know the fact that edgenta is in the healthcare business. The fact is edgenta mainly handles housekeeping in hospitals like cleaning bed linens and disposing clinical waste. So vaccine or not, it shouldn't affect edgenta.

Edgenta doesn't distribute pharmaceutical products, so a vaccine discovery will not benefit edgenta in any way.

We will probably see a reduced profit in the next quarter result, so it's likely that the management will cut the dividend payout, which will reduce the dividend yield. So replying to the fishing trip article, if the share price reaches rm4, the dividend yield will be way lower than 4% if the dividend is cut. Now this brings the question whether the share price will ever reach rm4 in the short term if there's a dividend cut.

It's likely that topglov will hit limit down tomorrow due to its current high valuation. But investors should take this opportunity to buy low because I believe the management will resolve this issue ASAP. Previously when Topglove got hit by a labour issue the share price quickly recovered, so this time might be the same.

Clearly you edited this passage from "sold" to "bought" with the intention to mislead people. Please don't be so pathetic and grow a pair.
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DingDongHai https://klse.i3investor.com/blogs/koonyewyinblog/2020-07-15-story-h151...


Since Mr Ooi Teik Bee told all his hundreds of subscribers that he bought back all his Supermax shares, many investors have asked me whether they should also buy their holdings or not. My quick answer is “it depends on your trading skill”.

Heard a lot of people could not take advantage of the huge drop just now due to system errors. I'm using Amequities and it's working just fine! So can give this platform a try.

My RM12 TP reached, now let's see if SUPERMX can reach my next TP RM14 by end of this week!

The US can't even effectively enforce social distancing and mask wearing, do you really believe it can enforce mass vaccination that might have unknown side effects?

In the best case scenario, the world will get a vaccine by the end of 2020. But do you think people will be rushing to get themselves vaccinated? There are many people who are skeptical of vaccinination, let alone trusting a vaccine that is developed in such a short period of time. If the government makes it mandatory for everyone to get vaccinated, it might cause a huge backlash especially in the US

Read this article for more information:
https://www.sbs.com.au/news/the-feed/if-we-get-a-coronavirus-vaccine-should-it-be-mandatory

I don't understand why some people are so bullish about China's plan to increase production. Do you really think the world will order more gloves from China than Malaysia in the future? During the initial stage of Covid 19 when China was having a lockdown, the global supply chain was disrupted and I am sure businesses from every industry will start to diversify their supply chain and stop relying on China too much. For critical PPE like gloves, it is highly unlikely that China will dominate the market share of gloves in the future even if Chinese glove makers can undercut other players. Hence the future prospect of Malaysian glove makers should remain bright.

What a rollercoaster ride

Has anyone heard of anti vaxxers?

Probably due to its airports in Cambodia?

@mikeymouse hmm I don't think the reason that all big glove makers are expanding rapidly is what you stated. True, the demand for gloves is growing, but it's definitely not a rapid growth. I believe it's simply game theory. If Kossan didn't expand, then it will lose its market share to other glove makers that expanded. On the other hand, if all glove makers expanded, then it would create oversupply in the short run and everyone suffered from compressed profit margins. So either way, Kossan would see some negative impact in the short run.

High depreciation this quarter. Excluding it EBITDA is actually not bad. Another bonus is shareholders today approved its share buy back plan of up to 10% of total shares.

Anybody knows why there is no volume at all in this stock?

What do paperplane have to say about today?

TMR BREAK RESISTANCE @ RM9.00!!