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2020-08-25 21:43 | Report Abuse
Yes, cheer....Good achievement Q result, Glove related counters are down, Now Serba Dinamik is the new direction, will rocket shooting & limit up.
2020-08-25 13:54 | Report Abuse
Bioalpha expects full recovery in 4Q20
Thursday, July 23rd, 2020 at , Business | News
by SHAHEERA AZNAM SHAH/ pic credit: bioa.com.my
BIOALPHA Holdings Bhd expects a full recovery in export sales in the fourth quarter of 2020 (4Q20), driven by stronger consumer demand in health products.
The company made a net loss of RM5.5 million against a net profit of RM858,000 last year, while its topline dropped 47.7% to RM6.53 million from RM12.48 million due to the impact of Covid-19 pandemic in the 1Q ended in March 2020.
MD William Hon said the projection is based on positive development on pandemic recovery and trade cycle.
“The 1Q loss was due to the drop in export sales as we were one of the companies that were affected by the global lockdown, which disrupted our exports to China and Indonesia.
“We are also subjected to seasonal trade impact. However, we have seen a recovery in June, with our exports to China and Indonesia resumed.
“If the pandemic is kept under control, our sales will be back to normal, or even be more aggressive in 4Q due to the aggressive buying of health products as people are getting more health-conscious,” he told reporters in an online briefing yesterday.
Besides the changing in consumer behaviour, Hon added that the sanguine expectation will also be driven by its recent secured contract for the production of health foods and nutritional meals for the China market.
The group has entered into a tripartite agreement with Guizhou Yuhexin Trading Ltd and Hainan Shifengfu Co Ltd to supply health food and nutritional meals to both the private and public sectors in China for RM426.7 million annually.
Hon said the particular contract is expected to add about 3% to 5% to its profit margin each year the contract is being materialised as the group plans to minimise its operational cost.
“We have an internal target of between 3% and 5% for the gross profit margin. But, it also depends on our partners on whether we can achieve an economy of scale.
“To achieve that, the operational cost in China will be kept to a minimum as our partners are China-based and have a complete operation,” Hon said.
Under the arrangement, Bioalpha has been appointed as the main contractor and technical advisor in the formulation and supplying of the ingredients for the preparation of the health food and nutritional meals.
The contract is expected to be completed in five years and is subjected to an annual review, with a potential total contract value of RM2.1 billion.
Hon added that moving forward, a portion of the ingredients on the meal formulation is expected to be sourced locally from Malaysia.
“Most of the ingredients will be sourced in China at the moment. Moving forward, we expect more of Malaysia’s indigenous ingredients, as well as from other parts of the world, will be sourced and supplied to China as well,” he said.
2020-08-25 11:39 | Report Abuse
Now or Never, hoot hoot hoot....
2020-08-24 21:44 | Report Abuse
I believe XDL will report exceptional good Q result this week. Expect to breakthru 15c and move forward
2020-08-24 21:24 | Report Abuse
Tomorrow continue bullrun
2020-08-24 14:57 | Report Abuse
With such a huge amount awarded & in related to medical n healthcare, price shouldn’t in this level. 60c .........Rm 1
2020-08-24 14:54 | Report Abuse
Hopefully can hit 36c for closing
2020-08-24 10:26 | Report Abuse
Istone look good with new management
2020-08-24 08:56 | Report Abuse
Q result will be out either today or tomorrow, PPE products demand is like glove......very high demand till shortage of PPE. Hopefully results is super good, then limit up.
2020-08-22 16:09 | Report Abuse
Exercise to buy back own share, so that coming Q or next year can give as bonus for shareholders. Expect share to move up soon.
Good idea to compensate shareholders ....Cheer
2020-08-21 12:54 | Report Abuse
Russel: i trust u Karex is better coz u r frequent user.....haha
I also believe they might join in manufacturing medical glove, if there is true, then surely move forward.
2020-08-20 20:00 | Report Abuse
790 now, touching 900 soon, believe Wood counter will move up Friday
2020-08-20 19:59 | Report Abuse
Lumber Futures
790.40 +36.40 +4.83%
07:56:55 - Closed. Currency in USD
Overview Historical Data Technical News Analysis Chart Interactive Chart Comments
Add Instrument to:
New Portfolio
Daily
07/20/2020 - 08/20/2020
Date Price Open High Low Vol. Change %
Aug 20, 2020 790.40 790.50 790.50 790.40 - 0.96%
Aug 19, 2020 782.90 770.60 783.00 767.00 0.78K 3.83%
Aug 18, 2020 754.00 751.00 754.00 751.00 0.38K 2.59%
Aug 17, 2020 735.00 724.00 738.50 709.60 0.51K 1.17%
Aug 14, 2020 726.50 734.10 748.00 703.20 0.85K 0.21%
Aug 13, 2020 725.00 710.00 725.00 703.00 0.51K 2.69%
Aug 12, 2020 706.00 695.00 710.50 691.70 0.56K 3.60%
Aug 11, 2020 681.50 662.50 681.50 660.00 0.42K 2.87%
Aug 10, 2020 662.50 650.00 664.90 646.30 0.25K 2.24%
Aug 07, 2020 648.00 649.40 659.40 630.00 0.73K 1.00%
Aug 06, 2020 641.60 626.50 641.60 618.90 0.29K 3.05%
Aug 05, 2020 622.60 612.40 624.60
2020-08-19 22:12 | Report Abuse
Lumber Futures - Sep 20 (LBU0)
RT-Derived
774.10 +39.10 +5.32%
10:12:03 - Real-time derived data. Currency in USD
Overview Historical Data Technical News Analysis Chart Interactive Chart Comments
Add Instrument to:
New Portfolio
Daily
07/19/2020 - 08/19/2020
Date Price Open High Low Vol. Change %
Aug 19, 2020 771.60 754.05 775.80 754.05 - 2.33%
Aug 18, 2020 754.00 751.00 754.00 751.00 0.38K 2.59%
Aug 17, 2020 735.00 724.00 738.50 709.60 0.51K 1.17%
Aug 14, 2020 726.50 734.10 748.00 703.20 0.85K 0.21%
Aug 13, 2020 725.00 710.00 725.00 703.00 0.51K 2.69%
Aug 12, 2020 706.00 695.00 710.50 691.70 0.56K 3.60%
Aug 11, 2020 681.50 662.50 68
2020-08-17 10:09 | Report Abuse
Immigration tender will be announced soon, could it be end of August?
2020-08-14 05:16 | Report Abuse
Highest Record Lumber price so far.
2020-08-14 05:15 | Report Abuse
Lumber Futures - Sep 20 (LBU0)
RT-Derived
725.00 +19.00 +2.69%
15:57:27 - Closed. Currency in USD
Overview Historical Data Technical News Analysis Chart Interactive Chart Comments
Add Instrument to:
New Portfolio
Daily
07/13/2020 - 08/13/2020
Date Price. Open. High Low Vol. Change %
Aug 13, 2020 725.00 708.85 725.00 703.00 - 2.69%
Aug 12, 2020 706.00 695.00 710.50 691.70 0.56K 3.60%
Aug 11, 2020 681.50 662.50 681.50 660.00 0.42K 2.87%
Aug 10, 2020 662.50 650.00 664.90 646.30 0.25K 2.24%
Aug 07, 2020 648.00 649.40 659.40 630.00 0.73K 1.00%
Aug 06, 2020 641.60 626.50 641.60 618.90 0.29K 3.05%
Aug 05, 2020 622.60 612.40 624.60 603.20 0.45K 1.92%
Aug 04, 2020 610.90 597.70 611.00 586.60 0.37K 2.47%
Aug 03, 2020 596.20 595.00 600.80 584.10 0.28K 1.78%
Jul 31, 2020 585.80 594.80 598.80 575.20 0.55K 0.93%
Jul 30, 2020 580.40 588.80
2020-08-14 05:11 | Report Abuse
Lumber Futures - Sep 20 (LBU0)
RT-Derived
725.00 +19.00 +2.69%
15:57:27 - Closed. Currency in USD
Overview Historical Data Technical News Analysis Chart Interactive Chart Comments
Add Instrument to:
New Portfolio
Daily
07/13/2020 - 08/13/2020
Date Price Open High Low Vol. Change %
Aug 13, 2020 725.00 708.85 725.00 703.00 - 2.69%
Aug 12, 2020 706.00 695.00 710.50 691.70 0.56K 3.60%
Aug 11, 2020 681.50 662.50 681.50 660.00 0.42K 2.87%
Aug 10, 2020 662.50 650.00 664.90 646.30 0.25K 2.24%
Aug 07, 2020 648.00 649.40 659.40 630.00 0.73K 1.00%
Aug 06, 2020 641.60 626.50 641.60 618.90 0.29K 3.05%
Aug 05, 2020 622.60 612.40 624.60 603.20 0.45K 1.92%
Aug 04, 2020 610.90 597.70 611.00 586.60 0.37K 2.47%
Aug 03, 2020 596.20 595.00 600.80 584.10 0.28K 1.78%
Jul 31, 2020 585.80 594.80 598.80 575.20 0.55K 0.93%
Jul 30, 2020 580.40 588.80
2020-08-13 08:33 | Report Abuse
Down for past 4 trading day, it is time to rebound. What up will down, what down will be up.
2020-08-11 11:10 | Report Abuse
After bonus issue, Supermix share issued capital is equal to TG. (Currently), with the explosive demand ahead. If current TG = 28, Supermix May hit beyond Rm 20...24...28(possible)
2020-08-11 07:38 | Report Abuse
Joyvest: what your analysis is perfectly correct.
But what the explosive earnings in next financial year judging from the current q profit margins, higher turnover & Higher gloves price. Even after the 1:1 bonus issue, Supermix will hit EPS beyond Rm1. Believe after bonus issue price will hit beyond Rm20
2020-08-10 22:28 | Report Abuse
Tomorrow All glove counter Bull will take charge. Supermix will lead other counters shooting up, hopefully Supermix will hit beyond Rm26
2020-08-10 01:00 | Report Abuse
XDL is the PPE supplier and demand surge like glove industries
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KUALA LUMPUR: Seacera Group Bhd, via subsidiary Seacera Polymer Sdn Bhd, has bagged the exclusive right from XiDeLang Holdings Ltd to resell and distribute protective clothing products in Malaysia.
Under the distribution agreement, XiDeLang said Seacera would have an irrevocable, non-transferable, exclusive right and licence to distribute its protective clothing products.
However, no franchise is granted and Seacera has the full right to decide on the methods of marketing, pricing, naming, packaging, labelling and advertising, and the terms and conditions of any sale.
XiDeLang managing director and chief executive officer Ding PengPeng said its protective clothing products were classified as personal protective equipment (PPE) in the protective equipment industry.
He said the global protective clothing market size was projected to reach US$11.9 billion by 2024 from US$8.8 billion in 2019, at a compound annual growth rate of 6.3 per cent.
"The World Health Organisation (WHO) has warned that severe and mounting disruption to the global supply of PPE caused by rising demand, panic buying, hoarding and misuse – is putting lives at risk from the new coronavirus and other infectious diseases," he said in a joint-statement to Bursa Malaysia today.
He said XiDeLang was responding to WHO's calls on industries and governments to increase manufacturing by 40 per cent to meet rising global demand.
"Today, we have finally formalised our dealing with this agreement and granted Seacera the exclusive right to sell and distribute our protective clothing products for resale purposes in the fight against Covid-19 pandemic," he added.
Ding said XiDeLang would work hard to reduce the world shortage of these PPEs with its new production lines.
Seacera Group chief executive officer Zulkarnin Ariffin said prices of all PPE had surged since the start of the Covid-19 outbreak.
He added that supplies for some PPE products can take months to deliver and market manipulation is widespread, with stocks frequently sold to the highest bidder.
"We're grateful that XiDeLang supplies us with these high-in-demand protective clothing products at a reasonable price during these critical months since the outbreak of Covid19 pandemic," he said.
Zulkarnin said Seacera could help to fulfil the shortage of the products among the front-liners of Malaysian hospitals and laboratories.
"Healthcare workers rely on personal protective equipment to protect themselves and their patients from being infected and infecting others.
"Any shortage of these PPE would leave doctors, nurses and other frontline workers dangerously ill-equipped to care for Covid-19 patients, due to limited access to such supplies. Without secured supply chains, the risk to healthcare workers around the world is real.
"We cannot stop Covid-19 without protecting healthcare first. Our next plan is to capitalise on the Trade War between US and China.
"If the market conditions continue to be favourable, we may start our own production lines in Malaysia to export these PPE to United States and other countries which are badly hit by Covid-19," added Zulkarnin.
2020-08-09 23:25 | Report Abuse
Hopefully Supermix q4 soon to announce can hit record profit at next 9 to 10 day.
Masks supplier & Manufacturer XDL, presently the cheapest PPE stock, price merely less than 10c
2020-08-09 23:18 | Report Abuse
Another China company Sinotop from 8c to height of 76c.
Believe this company can go beyond current price, and move forward to next level.
2020-08-07 15:39 | Report Abuse
Awesome PPE supplier, limit up soon
2020-08-07 15:31 | Report Abuse
XDL is the PPE supplier, net profit on PPE product expect breakthru & awesome
2020-08-07 15:26 | Report Abuse
Flytothesky:Ding爷在,会带我们去20cents
我相信会成就
2020-08-05 11:28 | Report Abuse
ALB today likely limit up 77c
2020-08-05 10:31 | Report Abuse
May hit Rm1 in next few days
2020-08-05 09:25 | Report Abuse
now is the time to filter out those unbeliever in AT. I will continue to hold.
2020-08-04 13:29 | Report Abuse
If the Trio successful form glove manufacturing, them AT won’t be at this level anymore, let’s collect now
2020-08-04 10:20 | Report Abuse
Sapu 11c & below, today expect hit beyond 13c
2020-08-04 10:07 | Report Abuse
AT expect to go much higher to 20c..25c, collect now
2020-08-04 10:01 | Report Abuse
Bio is related to pharmacy, herbs and medicine. High potential to move forward like Phama & Dphama. Watch out May hit limit up
2020-08-02 22:18 | Report Abuse
This counter will definitely move forward. Hopefully start tomorrow.
2020-07-31 12:05 | Report Abuse
MPAY is one of latest with related technologies base partner With Singapore to tap the south east Asia market.
2020-07-31 11:31 | Report Abuse
After T+3 Contra activities are not so severe, can foresee price would start to move up.
2020-07-31 11:28 | Report Abuse
Collaboration & trade with good China partners always is added advantages.
2020-07-30 11:27 | Report Abuse
After a sharp increase Yesterday & today, believe today afternoon may profit taking.
Stock: [CME]: CME GROUP BHD
2020-08-26 10:59 | Report Abuse
Any announcement?