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....

High chances of privatisation

100% agreed, this type of boss is too selfish, it seem like they listed their company is to get money from public to benefit their ownself, they have no intention to work for the shareholder. Better avoid.

@ryoyagod, we are ready, all seat belt has been fasten!

If you have more than 20 years experience in the market, you will know Layhong management is a lousy management. Beside the boss, I am doubt who has been making profit from Layhong in long run.

Everybody know Poultry is a cyclical business, few years good, few years bad.
But layhong, when everybody good, it will be so so only. When everybody turn not good, layhong will turn worst.

Nutriplus has a very good branding, if you pass this brand to other player to operate (i.e. QL), I think the profit can be double. or triple.

Hong Leong cannot find buyer?

Any good news?
Today surge is very abnormal.
Must be something big going to announced soon.
Bonus issue again?
Privatisation based on NTA price RM1.39?

Fabulous result... Welldone!

True Gems

Brother roger3210, after sell Danco then where should we put our money? any good counter you recommend?

@silentWolf, what good news you heard, share share here.

When I was young, I have come across the Robert Kiyosaki book "Rich Dad Poor Dad", and I remember this is one part whereby he mentioned that in US, there is capital gain tax if you made a gain from share market. To avoid paying this tax, what you need to do is to continue invest (Sell A buy B), so the government cannot tax you.

I can't remember the above statement is correct or not, but I think it may related to what HEXZA is doing currently.

Well, interesting, learn something new today, as I am not familiar with US stock regulation or US accounting treatment.

But anyhow, if anyone here who is more professional on this type of issue, please welcome to share your opinion here.

Is it because when they sold the NVDIA share, they immediately bought into SYMBOTIC.
So they treat it something like switch counter, so no gain of disposal was take into account.

Question: The first batch of Nvdia share (18,000 units) was disposed on 29 Sep 2023, and there is a gain of RM29.mil.

Why the realized gain was not take into account for Q3'24 (30 Sep 2023)

Gain from SYMBOTIC = 300,000 x USD13 (average paper gain) x RM4.70 = RM18mil paper gain,

RM18mil / 200 mil share = 9 sen increase in NTA

If we compare the 3 small size glove counter :-

1) Careplus - Before covid (FY2018 / 2019) , the revenue is at least RM80-90mil per quarter. Now, it drip to RM13mil per quarter, it seem like they are really out from this glove market d.

2) Comfort - Before Covid (FY18/19), their revenue is around RM100mil++ per quarter, now left RM70-80mil per quarter, 30% drop, still acceptable, as ASP has drop lower than before covid.

3) Hexcare - Before Covid revenue was RM50-60mil per quarter, now left Rm40mil, still acceptable.

So, very clearly, Careplus will soon disappear from Glove Industry, hope they can survive in EV industry, but I have doubt on it, as that market need even more capital to burn.

Slowly and quietly, HEXCARE has climbed up from 20 sen to 26 sen (30% gain).
hehehe.

ho ho ho...... roger3210 TP RM0.25 is coming !

I hope PAT can be exceeded RM6mil

I hope PAT can be exceeded RM5mil

Seriously, I see recovery from Comfort Glove result.
Not sure who has the same opinion with me.

Their hotel occupancy rate is superb high.
The design was so beautiful and it has become one of the top choice for traveler.

QoQ, YoY both showing improvement, very good sign.
Cash in hand (including short term investment) > RM140mil, equivalent to 74% of its market cap.
Debt / Borrowing very very low.
All the properties owned by the company are based in Penang, which is very valuable and very good demand.
This is super undervalue stock, NTA is Rm1.39, share price is 50% of NTA.

Lukesharewalker, UOB Bank has agreed to borrow YBS USD70mil as the initial capital commitment for this project, with ENOVIX act as a guarantor for this borrowing.

This already published in ENOVIX SEC filing, not I simply blow water one.

Many people still have doubt on YBS.
Like I mentioned before, the deal is on the table, the factory is ready for machine installation and production will be start by Mar/Apr 2024.
This is a 10 times multi bagger stock

Estimated profit will be exceeded RM10mil.

The current trend is :-

1) Glove demand is gradually increase, as a lot of stock pile has been reducing or expired.

2) China has stop all the expansion plan, although now they are running at full capacity. Because they are suffering from losses as well, the current low price strategy has help them to increase they market share, but cannot help them to generate profit even running at 100% utilisation. So they have to increase the price and the ASP gap between China and Malaysia is reducing.

3) After dismantle all the low productivity factory, Malaysian player now are better cost efficient. A lot of labour intentisve work have been replace by robotic. Old machine are replace by new machine, faster and energy saving.
All factory roof are installed with Solar, save electric bill and increase ESG scoring. Our player now can achieve profit even running at 40% plant utilisation. Just imagine when volume increase to 60%, sure the profit will be increase substantially.

Cash in Bank will be 2 times of its market cap

This is a hidden gem.

Will Supermax turn into profit as well?

Since Harta & Kossan has start making profit, I believe Comfort & Hexcare should have significant improvements on its result as well.

Since Harta & Kossan has start making profit, I believe Comfort & Hexcare should have significant improvements on its result as well.

Roger must be come from competitor of JusEV.. haha.
He is wondering how come JusEV business so good, full order book, while his RogerEV business got no enquiry at all?

@dompeilee, good one, I also stuck for long time.
From 45sen all the way to 29sen, now sekaligus gain back few years of FD Rate.

Actually all Plantation counter are undervalued by minimum 50%.

Example: JTIASA should be RM1.50, THPlant should be RM1.00, KMLOONG should be RM3.00, SUBUR should be RM2.00, SOP should be RM4.00....etc.

Even small plantation counter like RSAWIT, TDM all should be at least RM0.30-RM0.40.

Roger, you must understand what is called "venture into new business".
Danco invest in JUSEV is a venture into new business.
New business is something need time to growth, the early stage contribution maybe small, but it will growth multiple times in future.

Petronas venture into Solar business / Sustainable energy, how can you compare the solar business vs its petroleum business .

ACO invest in EV Connection only RM1mil, at that time EV Connection just a small shop with few worker.
YINSON also venture into EV Charger business, the contribution also less than 0.1% compare to its O&G business, but why YINSON still continue venture into it, because they know this is future trend and the market is very huge.

roger, you donno how many listed company and condominium has appointed JUSEV to install EV Charger at their premises and car park. Each technician 1 day maximum can install 1-2 location only, their order book has been full until next year. Next month onward Tesla will start deliver its car, at that moment, business will be even booming, my fren has book a Tesla and he also has contacted JUSEV to install the wallbox at his bungalow.

PWF is really one of the best poultry / egg counter that you should include in your portfolio.

Palm Oil Windfall Levy will be remove once the Palm Oil Subsidy has slow phase out.