This will be the Bursa King in coming month September 2017.
Because current market are lack of theme, so this will be the best theme.

PaddyField, don't worry, I'm with you.

Can someone roughly brief me what business Huaan are doing? My understanding is they produce metal coke, and their main raw material cost is coal. Currently, both Coke price and Coal price are increase together, so why we expect next quarter profit will be better? Can someone brief us more.

RJ87, in fact the RM66 mil should be already received in July'17. However, there is no official announcement made by Digistar.

详细的读了DIGISTA的财报，比较了上个季度，个人觉得这个月季并不是真的很差，财务方面很多都进步了，可惜那一笔政府拖欠的RM66mil 还没收到，希望下一季会更好。

请原谅我的乐观，因为我已经陷在里面，没办法，只能往好里想，人生总是有高有低。
如果你还没投资在这个股票，我劝告你别进来。马股里还有千多只股票给你选，别傻傻向我这样陷在里面。

Leoting, I realised that SSTEEL is using Weighted Average method to calculate it stock and cost of good sold.

Normally, there are 3 method available:-

1) FIFO - First in first out
2) LIFO - Last in first out
3) WA - Weighted Average

If SSTEEL is using FIFO, then we all can very sure that Q3 will be very profitable, because Q2 raw material is cheap, and Q3 selling price is high.

But now the fact that SSTEEL is using WA, so the low price material purchase in Q2 will be neutralise with its high price material purchase in Q3, so its average cost might not be as low as our expectation.

For example, by using FIFO, you may estimate its profit is RM100mil. But if using WA, then maybe you should reduce your estimation by 25%-50%, so expected profit should be RM50mil - RM75mil.

The above is just my own finding after studying its QR this morning, welcome everyone with better accounting knowledge come and share your comments.

So, please don't talk about the hill land anymore, Bstead should be 100% aware of the land type before they place the deposit.

I work in listed company before. When a company want to buy a land, the procurement team will have study a lot of information, such as land size, title, location, soil, flat land or hill land, any lake or river...etc. Then they will contact the local valuer and property agent to get many details of land. Then contact their business partner or any reliable party that familiar with that area to understand more about the land and any issue facing there. Then some will event use helipcopter to visit the site.

Once all these work done, then only will arrange real estate agent to contact the landlord, negotiating price...ding dong ding dong few month, then only come to stage to put a deposit, and prepare the S&P.

Since Bstead Plant already place deposit, that mean actually 99% of the work has been done. Now the 1% pending is just to document down everything in a proper documents, make sure everything black & white, so that it fulfil their SOP.

You guys must understand, for Bank to decide invest in CRM, bank must consider from a lot of perspective, as the cost for each unit of CRM is not cheap, and you need to spend a lot of money to integrate it with you bank system...etc, and all these cost may need 3-5 years for bank to recover back it cost of investment. If bank already can foresee that in the next 3-5 years 70% people are not using cash anymore, then I'm pretty sure bank wont continue invest in the CRM machine.

The problem the Opensys facing is technology change faster than it expected!
When Opensys launch CRM, it thought this technology will replace all the ATM within the next few year.
Manatahu fintech is growing so fast, and very soon more n more people will use mobile pay, e-wallet...etc, so less people will use cash.
If you go to China nowadays, you will understand how fast the mobile pay technology, as 70% of the people in city are not carry cash anymore.
Therefore, before Opensys's CRM can replace ATM, it already being replace by fintech.

I think Duta Yap will privatise the company after the land sold to BPLANT, because with RM750mil cash on hand, he can develop the Grand Duta Hyatt on his own.

This Grand Hyatt Duta will be the last hotel in Kuala Lumpur, and the estimated GDV will be around RM2bil.

You can refer to the revised building plan at below link:-

https://s31.postimg.org/l9l3ozbzv/Screenshot_21.jpg

wow, calvin is return with its glory.
Hope to see Dutaland limit up tomorrow.

Leon Fuat factory is located beside the massive development site I-City Shah Alam.
I believe Leon Fuat should have supply steel to I-City, because their location are so close to each other, and it can save a lot of transportation cost, delivery time and warehousing as well.

Nice closing, RM2.00. Next level is RM2.25.

Based on Annjoo result and commentary, very high chances that SSTEEL will post a highest PAT.
Lets countdown and see.

Last chance to buy before fund manager come to grab the share.

Count down to RM2.00.

Dow Jones sooner or later will become Dawn Gone, Darkness arise

Down john drop kaw kaw, Jaks profit also drop kaw kaw, share price sure will jump water.
If want to buy, can aim to queue at RM1.2x

lzz88, The Southern Steel upstream manufacturing facility in Prai Industrial Estate, Penang comprises
two steel making plants with a manufacturing capacity of 1,500,000 Mt/year for billets and four rolling mills for the
manufacture of Wire Rods, Garret Coiler, DBIC and Bars.
Southern Steel also has downstream manufacturing facilities
throughout Peninsula Malaysia.
One of the technological innovations by Southern Steel is the “Easy
Drawing Continuous (EDC)” technology. This allows for constant
cooling conditions that result in better and more uniform mechanical
properties in the steel products manufactured. It also provides
factory operators with better control over the grain growth and
scale formation with the steel products.
Southern Steel manufactures a variety of products that meet
international standard requirements for use in automotive,
construction and industrial sectors.
They have a research development team committed to continuous
improvement and the development of new products to meet market
needs and plant assurance teams to ensure good quality products.

If the short seller short 10 big lot at USD199,999, then now buy back at USD10, then he is one of the richest man in the world d.

Coldinvestor, thank for the example you made.

But I'm still confuse that how to measure how long the trend will going on.

For example, assume Crude Oil has been moving uptrend from USD43 on May'17, until USD60 on Sep'17, and many newspaper / analyst expect Crude Oil can reach USD70 by Dec'17.

At the same time, news come out that Soybean yield dropping, due to El-Nino, and Palm Oil price has been moving uptrend from RM2600 - RM3000 on Sep'17, and many newspaper / analyst expect Palm Oil can reach RM3400 by Dec'17.

Assume now is end of Sep'17, and SOP price is RM4.50 (up from RM3.50), would you jump in to buy SOP based on the above scenario? How you predict Palm Oil and Crude Oil will continue uptrend as per those analyst said? How can we know whether OPEC will suddenly increase production, or suddenly China impose import tariff on Palm Oil, or suddenly EU announce not to consume Palm Oil...etc?

I remember last year December, Palm Oil price increase to above RM3000, many analyst predict this trend will continue, as El-Nino effect will affect western country soybean production, Najib meet China President and China will import more Palm oil from Malaysia..blar..blar..blar. Then few month later, Palm Oil drop to RM2600.

Coldinvestor, do you mind to share more about trend investing?
I'm very agreed on trend investment, but the problem I face is I don't know how to measure how long the trend will continue.

For example, if SOP share price increase from RM3.50 to RM3.80, how I know whether the uptrend will continue or it will reverse back to RM3.50? Even if I make a right decision bought at RM3.80, and it continue uptrend to RM4.50, should I sell or hold?

I have many counter in my portfolio, when it raise 20-30%, I didn't sell it, then it reverse back. I have also have many counter, where I sell it with 30% gain, but it continue uptrend 200%-300%.

Appreciate if you could share more.

就我个人的观点而言，我看好SSTEEL最主要因素是因为我相信只要这个季度再交出盈利的季报，那SSTEEL就会正式摆脱亏损了，它将会有个完整的四个季度的盈利，那时的EPS就会真正的反映着SSTEEL的全年盈利，各大基金/机构就可以出手买入了。一般上，基金在选股方面都会有很多限制，例如不能买有亏损的公司，本益比太高的公司，或该行业未来基本面不看好的公司。再说，本地很多基金经理都是打工的，他们在选股方便都会偏向保守，这里所说的保守不是思想保守，而是说他们只敢投资在那些完完全全符合条件的公司，因为这样一来如果该投资不小心亏损了，他们也不需要负起个人责任，因为他们是完完全全按照基金选股的方针去进行投资的。只要基金/机构投资者进场，那么SSTEEL肯定会向ANNJOO那样，会有一波很强劲的上涨（ANNJOO从RM2 涨到 RM3块多那一波，报纸天天都会看到ANNJOO的新闻，各大投行也看好唱好）。

Sincerely thanks to Leoting, I have been inspired by his analyst and follow him end of last year.
My lowest cost for SSTEEL was 93 sen, and highest was RM1.69, average cost is RM1.24.
But the sad things is I have limited fund, so cannot buy as much as possible.

重新看回过去写过的评语：-

今天的评语是：Digistar每一次下调或横摆时，都是入股的好时侯，因为这一只股票一定是向上爬的，

因为：-
1） 它的收入会越来越好（稳定的concession收入，越来越多的CMS保安收入和酒店收入）。
2） 它有利息开销会减少，因为他的债券每年都会赎回一部分，所以利息只会越来越少。
3） 它可能会派息，因为到2016年12月为止，它的现金有RM60mil，在加上这几个月的concession收入，和将会收到一笔RM66mil的政府付款，所以我预测它未来几季度到财务报表，最少会有RM130mil的现金。这些现金可能会拨个RM9mil来派出RM0.015的股息，以回馈股东在这几年的支持。Datuk Lee 这几年也自掏腰包和用margin买了不少自家的股票，相信他也很需要股息来偿还margin的利息吧。
4） 它去年买了两块地，位于melaka cheng，是属于很好的地点。买地是通过竞标得回来的，按照现在的市值，这两块地保守估计已经升值最少RM7mil了（因为他们标到的价钱很低）。Datuk表示他正在向马六甲政府推介这块地，看看能不能为政府起个什么大厦，然后再用concession的方式租给政府。
5） 很有可能短期内会公布一项大计划，之前公司说过正在竞标1亿2000万令吉谘询服务合约以及5亿令吉建筑合约。
6）现在目前已有Mercury证券推介这只股票，而Icapital也有留意它，如果再来个CIMB 或 RHB 大行推介它，那就爆发了。2011年是CIMB曾经推介它，那是股票上到RM0.60.

5 years ago news.....

（吉隆坡18日讯）立艺企业有限公司（DIGISTA，0029，创业板）即将落实一份5亿令吉合约，为大马电台电视（RTM）进行数码化。这项交易是政府耗资20亿令吉的地面数码电视广播计划的一部分。

　　大马电台电视的数码化，将在2015年前把电视从模拟转换为数码广播。

　　消息说，若Puncak Semangat私人有限公司赢得上述计划，立艺企业则将受委这份合约。

　　Puncak Semangat将着手计划的大部分，在兴建山上发射站设备。

　　5亿令吉合约对立艺企业相当具规模，因后者的现有订单预测只有1亿5000万令吉。

　　该创业板上市公司比对手拥有优势，因它可能是唯一拥有转换模拟广播系统为数码广播系统经验的本地公司。

　　立艺企业董事经理兼大股东拿督李华中早前告诉媒体，该公司将在未来2至3年竞标总值20亿至30亿令吉的合约。

　　李华中持有立艺企业26.61%股权，其中19.56%股份是透过Kenangan Lampiran私人有限公司持有。

　　“透过大马电台电视的数码化，依斯干达区的发展和更多保健设备的建立，我们将在马来西亚非常忙碌。”

　　他也公布立艺企业于亚太地区的扩充计划，因仍然有许多国家尚未采用数码系统。

　　除了Puncak Semangat之外，也有其他团体表明有意，及成立合伙以竞标这项大型合约。

　　大马通讯与多媒体委员会早前已经指示，申请者必须拥有经验丰富的技术伙伴，才能符合投标这项工程。

　　天地通亚通有限公司已经与澳洲广播公司成立一项合作，以投标设计、建造和长期经营数码电视基建计划。

　　而其姐妹公司马电讯有限公司（TM，4863，贸易服务组）也有意参与上述地面数码电视广播计划。首席执行员拿督占占再拉尼受询时指出，该集团‘当然有兴趣扮演重要角色’，因马电讯已经拥有发射站基本设施。

　　其他有兴趣团体尚有明讯有限公司（MAXIS，6012，贸易服务组）与姐妹公司Astro、马统一合作与德国媒体广播系统的联手、以及杨忠礼通讯与美国公司Sezmi的合作。

这次有戏看了。

KYY 手上的股票原来流入了HALLEY SICAV 外国机构投资者手中。

看了HALLEY SICAV 过去几年的表现，你就知道这是一只表现非常标清的基金，而它投资的公司都是以成长为前提。

在看看HALLEYHALLEY SICAV投资过什么马股，随手沾来就有DAIBOCI，SCIENTEX 等等，都是一些快速扩张成长的龙头企业。

本地机构投资者还在睡觉吗？好股都给外国人买完了，还不快点来插旗？

KYY 会回来抢筹码吗？

OTB 会喊买吗？

还有一大堆的网络股神全部会现身出来敲锣打鼓吗？

Warmblood, the one with machine breakdown is AJ lah, not SS.

Sorry, I mean both of them are based on Northern region.

Hi Edward, both Southern Steel and AnnJoo are based on Southern Region, why AnnJoo price is cheaper than Southern by RM30 per mt? Is it because Annjoo has lower cost, so it can sell at lower price; or because Southern product are better quality, so can demand for extra RM30 premium.

Thanks Gu Hai Bro.

Wei Chyi, that why the purchase price is so cheap.

Leon Fuat is not targeting their business, the reason why Leon Fuat acquire this company is because of its plant and building.

Leon Fuat is looking to expand its business to Southern Region.

JKR money in d? Anyone can confirm?

Joeytay, to be safe, you can considered SSTEEL.

It definitely worth RM2.30 and above.

Buy

If you did talk to the management of MPAY, then you will know this is really a lousy company.

Why HengYuan is named as Teapot? Any particular reason?

cpng, good comments.

Salute to the operator.
Really salute.
Hope all retail investor manage to escape before they pull the net.

Pure goreng counter, its revenue and profit is only 5% of Chinwell size. But market cap is almost one third of Chinwell market cap.
Based on PE 50 times like Techfast, Chinwell should worth RM9.00 per share

Hooray.. Support Gan Hai Ong, he is real superinvestor.
But becareful, later oldman hire private investigator to investigate who is Gan Hai Ong again.

Viper88, the problem with Bintai is it Management integrity.
No matter how many project they been award, they will always submit a loss making report card.
No only one quarter, it has been making loss for many many quarter d.
You see the problem?

KUB is a good counter discover by koko888, hope he can come here to share his view on recent drop.

Why drop? any news?

After I read the above article, I still can't manage to understand Ethereum.
Hope more forumer can share more information on this type of technology.

DickyMe, please read all my previous comments.
I have explained many times on Digistar company operation, hope it can help you to understand more about this company.

Dear Professor Neil
The highest price JAKS achieved is RM1.79, and today is RM1.43.
If we assume Mr KYY and his wife still holding 127mil shares, that means his profit has been wiped off by RM45mil.
If we assume his scholarship to those student is RM100,000 each, that mean there are 450 students just lost their scholarship for further study.
And if we assume these group of student suppose can produce average GDP RM100k per year for the next 30 years if they have the opportunity to further study, and now without the scholarship, they only can produce GDP RM40k per year, that mean there is a losses of RM810mil GDP for Malaysia for the next 30 years.

Yesterday a young guy told me that he bought 100 big lot of JHM from 80sen level, and he has yet to sold it until today.
Seriously, I don't believe it.

Buy Leonfb before too late.
This counter sure will pass RM1.00 level by end of August 2017.
(Provided there is no big crash happen during this few month).

Same trend as Prestar, last time I bought it from 59sen, then it slowly climb up to RM1.20.
(But I've take profit at 95 sen).

Back to fundamental analysis, next quarter will be super excellent due to:-

1) One-off gain on disposal of SILK highway;
2) 15sen dividend is coming, so indirectly your cost of purchase reduce to 35sen only (assume you bought at 50sen)
3) A big portion of the RM380mil cash received from PNB will reduce its loan, and indirectly reduce the interest expenses, and increase its profit.
4) Another RM20mil is coming once they fulfill all the condition.
5) The marine logistic should perform better, as this quarter should have 3 tanker operated (last quarter 1 tanker was under repair).

P/S: Actually the purchase price of the 3 units of 7000 tonnes chemical tanker is very cheap. The pruchase price is only RM74mil for 3 tanker, and that tanker are relatively new (build in year 2011) If you refer to Nylex, it just build a same size chemical tanker at the cost of RM65mil per unit.

Big big $$$$$