Yesterday I saw a Guru (Dream & Sea) live in facebook, said Mersec Big Red Candle must sell immediately, sure will drop one, finish goreng d, time to run before limit down.

And today went up 12%... I think probably he will delete yesterday live.

What I try to said is, never think you are better or smarter, the market will always slap your face.

在越南新工厂落成之后，世霸龙雄心勃勃地表示，要渗透进新的国级市场，扩大市占率

Apa cerita? Please share here.

very good result, my prediction is correct.

I am 99% sure that this quarter profit is very very NICE!

During the AGM, management got told that Vietnam business is getting better, and local demand also increase due to Data Centre (Data center need a lot of Insulator)

You can google it, first news was from The Edge.

That day I pass by Setia Alam and I saw Optimax is building a huge building there?

The building size is look like a hospital size, may I know why Optimax need to build such a huge building like hospital?

I though normally Optimax outlet is just 2000 -4000 sqft size will do, why need a hospital?

The US Glove factory is produce for US Market.
This is under the Biden Government whereby they already have a National Security Rules whereby all US government hospital must purchase from US producer, instead of importer.
US has already face the glove shortage issue in Year 2019 / 2020, and this is the reason they want company to setup factory in US. They don't mind to buy it at higher price, what they want is national security, they want to ensure they have the ability to produce glove to meet its own demand, instead of fully rely on other country.
Therefore, the selling price is off course higher than the imported glove as it is "Made in USA".
Not only Supermax, there are many other glove factory setup in US, such as Showa, Geiger, Ammex, Kimberly Clark, American Nitrille....and many many more.

As my target is long term, so as long as I got extra money from my business, or when I dispose other share, I will acquire it.

For me, RM0.865 is a price that I will buy.
For example, if now I buy 10,000 @ 0.865, if next month drop to 0.765, I will be more happy to acquire another 10,000, if drop again I will buy again. Vice versa, if increase to 0.965, I will buy also if I got extra money.

My concept is very simple, I am betting on Malaysia stock market will be grow 100%-200% in next 10 years, I am betting on the MADANI government will bring Malaysia to gain back what it has lost for the last 20 years.

All the 4 glove company is good company, they got factory, got land, got cash, they are unlikely to bankrupt.
They are unlikely to continue making big loss like FY2022 & 2023, so they only will become better in FY2024 & 2025.
At the same time, their factory land price sure will increase if Malaysia economy is turning good.

Maybe this is a good chance to acquire more share at such a low price.

Before Covid 19, Company A has Asset 100mil, Liability 90mil, can generate profit 10 mil per year, you value it at PE 25times or RM250mil.

During Covid, Company A earn a lot of money RM80mil, and use the RM80mil to pay off the liability.

After Covid, Company A Asset 100mil, Liability reduce from 90mil to 10mil, but now only can generate profit 3 mil only (because demand is drop and supply increase), so you value it at PE 10x or RM30mil.

What is you logic?

In Malaysia, big project must share share with bumiputra la.
One HSR project can divided into few portion or few phase, awarded some to YTL, some to Ekovest/IWCIty, some to MRCB, some to Sunway, some to Berjaya, some to MMC, Some to IJM.

And then all this main con will further distribute some job to those small player like GAQRS, Zelan, Fajarbaru, TRC, AhmadZaki, Gadang, Muhibah, Mitrajaya, Econpile, Kimlum.....etc

Gamuda is not in the list, as this company has enough project to survive for next few years.

YBS will be Genetec 2.0

Hi, anyone attend the AGM, any news to share here?

Cold cold winter again

@stockraider, how you find our Hexza have YTL, YTL Power and Maybank?
Where can get this kind of information

PWF & TeoSeng is really the best poultry counter.

You said from up 2 sen to down 2 sen, so difference is 4 sen.
Example: Opening price is 83 sen, then up 2 sen to 85 sen (Sell), then all the way down, during closing session, price is 81sen (down 2 sen from opening price), then buy.
Tomorrow opening price is 81 sen, then up 2 sen again sell at 83sen, then at closing session down 2 sen again (79sen), buyback again.

Today must be a happy day for roger3210, as Danco has drop again, haha!

Haha..... Sell at morning and buyback at evening, then sell again on tomorrow morning, and buy back again at evening.
Everyday earned 4 sen difference.

Can you smell something is brewing?
USD200mil proposal is going to reveal soon...

If you cant against the giant, then join them.

@Cnlim, this is the fun part of being in the stock market.
When topic is hot, we add oil and fire into it, make it more hot.
When topic is cold, we put it into freezer quietly.

Malaysia got Solar, clean energy, low tariff to EU and US, haha.
China government cut their budget or subsidy to healthcare player d, as now their government has bigger issue need to focus (i.e. Property market). That why Intco also decided not to continue sell below cost price d.

Above is minority shareholder view.

Then now we look at TSLKH view, as a businessman, TSLKH target is to control the asset. Ekovest has valuable asset, TSLKH doesn't care about the share price is 40sen or 70sen, his target is to gain control of the asset, as this type of highway asset can generate recurring income for him for the next 30-50 years.

If the share price is RM0.70, and TSLKH proposed to issue at RM0.60 to himself, most of the shareholder will not agreed, as this will drag the share price drop to RM0.60 level

But if share price is RM0.44, and TSLKH so generous to accept the issue price at RM0.60, the most of the shareholder will agreed, as this will help to push the share price to RM0.60 level.

So you know why share price have been push down kaw kaw, the lower it drop, the more shareholder will accept the TSLKH offer. Because this is Human Bahaviour, when all shareholder are suffering loss, they aim is to recover back the loss will do, they not concern about whether the price is fair or not, the future is bright or not, they just want to recover back their losses.

英科医疗股价跌破20元了。据不透名的英科管理层表示，这场价格持久战打得太久了，没想到马来西亚的业者那么抗压，或许他们在这个一次性手套市场已经深耕多年，他们有着一些品牌及品质上的优势，也在各国拥有建立多年的销售网，所以再打下去也没有意义了。这两年表面上咱们中国大陆的业者是赢了市占率，但这种以亏本价格来抢市占率的做法是不能持久的，公司始终还是要回到公司股东的利益上，还是需要以盈利为主，保护股东的权益，所以公司未来会以提高产品品质及提高盈利为主要方向，而不是一味的扩充市占率。

Disposal proposal on table again? USD200mil?

For MBL, my biggest concern is why he want to acquired SWSCAP? Especially when this batch of share is acquired from Eddie Ong.

Like what they did previously acquired SYMLIFE, it is totally a failure.

And within 1 year now they acquired SWSCAP again, and since they day they acquired, share price keep dropping.
Hope management can explain to shareholders why they want to acquired SWSCAP.

YoY drop is because MBL has disposed their Indonesia subsidiary last year.
That Indonesia is Palm oil mill process plant, revenue is high, but loss making, that why dispose it better.

Ekovest is crown jewel, as it owned the Duke & SPE Highway.
LKH always want to own more share in Ekovest, but he has insufficient fund, because Ekovest is not a small company, there are many institute shareholder inside, so not easy to acquire more share.
So, what LKH can do is more inject all his other listed company and private company into Ekovest, and exchange more shares in Ekovest.
By doing this, Ekovest asset will be double up, costing will be more efficiency, profit will be increase also.
Previously, there are so many related party transaction, so the profit always park here park there, as boss have different shareholding in each of the company. But now, once combine all, the final profit will be reflected in Ekovest. With bigger Asset, Higher Revenue and Higher Profit, I believe one day in future Ekovest have chance to go into KLCI as well.

I see, I thought you got any special insider news.
I believe all proper investor (except newbie) should have taken note on Bonus issue, they won't simply buy just based on EPS without checking is there any bonus issue or share split recently.

As a fundamental investor, what we are more concern is about the business performance itself, or anything that can affect the business performance (i.e. Government policy, Nature disaster (i.e. Flood), raw material price, management direction ...etc)

newbird33, why said so? Please share what you heard or what you know.

For me, PADINI performance is the best describe of Malaysia Retail Market.
Although you see there are still many ppl in mall, but actually the spending power of all consumer has drop, many people just go mall to walk and enjoy aircond, when they eat, they order less food, when they shop, they shop lesser.
For a normal office executive who earn RM5k salary, last time he used to buy G2000 or ZARA shirt (RM150 per shirt), eat Sushi at Rakuzen (2 pax around RM100). Now, he will shop at Online (unknown brand, cheaper RM79 but same quality with G2000), he eat at GO Noodle (2 pax around RM50).

Below are the commentary of prospect from PADINI report :-
Retail business in general remains challenging due to the deterioration in purchasing power arising potentially from the rising cost, trade tensions and rising inflation and interest rates. However, supply chain issues, material costs and freight charges seem to have stabilised although there may still be some further increases in the short term. Despite the potential challenges, we are optimistic in performing satisfactorily for the current financial year.
Management will continue to provide value for money products and implementing measures to control costs, optimise working capital, preserve cash and streamline the operations to minimise any adverse impacts.

The fox tail has finally reveal.. Please run for your life.

Hahaha, yilonma, you are the one who nitpick.
We are old investor, more than 20 years in market, we have been watching Supermax grow since its IPO.
We see how it grow, how it overcome crisis, how it earn 3-4 billion a year, how it loss hundred million a year.

Find something interesting :-

1) Q2'23 - Revenue RM175mil, loss RM108mil
2) Q3'23 - Revenue RM175mil, loss RM40mil
3) Q1'24 - Revenue RM175mil, loss RM2mil

With the same amount of revenue, the loss has reduced substantially. It mean, Supermax cost efficiency has improve a lot, even though with such a low plant utilisation, still can maintain breakeven performance.

roger3210, you have loss your reputation d.
We are not concern about the share price is up or down, but we are concern about your comment of quarter result will be very bad.
When the result out and the QR is perform very well, then we know you are someone that talk without basis. No matter in future Danco drop to 30sen or 15sen, you wont earn any credit from us, because you are just a normal retail investor that simply guess the stock price movement without any supporting or fact behind.

Insider news.. Since Supermax WRO being uplifted CBP, Supermax global sales team has started to travel to US & Europe actively. How I know? Because so happen that one of my facebook friend is from Supermax sales team, and recently this two month I saw that fren is always on business trip (i.e. Netherland, Germany, Canada, US....etc)

So, expected that Supermax revenue will be increase on Q4'23 and Q1'24

Really, then based on USD470 x 20,000 units x RM4.65 = RM43.7mil

Steady growth for 3 quarter, profit also increase continuous for 3 quarter.
Cash in bank RM100mil, market value RM189mil.
One year can generate around 20mil profit, where to find this kind of good company.

roger3210, you lose d.
You lose your creditability and reputation d.
Suggest you go to register a new ID and come here predict again.

Look at the result, this is really the King of Poultry.

RM140mil ++ cash on hand.
I believe bosses and his proxies at least control 70% of the company, so left 30% is belong to other outsider.
Based on 266mil share, 30% = 80mil.
Assume boss offer RM1.20 per share, 80mil x RM1.20 = RM96mil.
Bank account got 140mil, I believe all banker are willing to borrow boss RM96mil cash to privatise the company.

But at least sales has increase continuous for 3 quarter

Losses has widen, still cannot see the light

Wah Eddie Ong is really one of the biggest conman in the world.
What happen to Opcom result after Eddie has acquire it.

Danco, when you want to release your result?
I can't hardly wait to see whether roger3210 is correct or wrong.

Awesome result

Everyday I login my trading platform, always feel that the whole bursa malaysia got so many counter are so undervalue, so many counter are worth to buy, no matter how much money you give me, it will be no enough for me to accumulate all this good undervalue counter.

Compare to US market, all counter look so overvalue, you hard find any good counter with PE below 20times, or below NTA... Everything was overvalue there, but investor still keep dumping money into it.

I hope there is one day whereby there is no more undervalue counter in Bursa, all counter I feel overvalued, no counter for me to buy anymore, then I wont feel money insufficient anymore.

Just imagine, one day you login, you see Ekovest price is RM2.20, Maybank is RM25.00, Gamuda is RM13.00, Genting is RM11.00, GENM is RM7.00....