every year we read about straight A students who cry and appeal for help because the government don't give him a place to study medicine.

....if only they cast their net wider, they will find dozens of private U who will fully sponsor top top students for non medical courses.

problem is every straight A student thinks he is mandated by heaven to study medicine., but unrealistic.


<
tpchit intelligent and brainy students with super results shud go for medical.
those half-past six and average students shud go for art courses>

woah, like that can push share up 4 sen.... I also want to do it but cannot. I am no Calvin.

you very correct.
smart parents prepare their kids for English
even more important is from poor families.

my son got job offers from left , right , center and he is not first class student but good in English.

its the working experience that counts.
not whether ACCA or degree.

no need ACCA one...just a degree in accountancy is good enough.
same same actually.

woah, like that shout shout also can up 4 sen.
you sai lei.

I hope the GPs are giving value to society.
I don't think so.

Jenny

the evangelical Party of America, Bush and Co are not good role models.

aiyah...PE 5 also want to sell.

Know how play shares or not?

negative news also very powderful in i3.

Some are naturally more business than others....fresh out of college can become self employed and make$10,000.
Still....they don't think their degree is wasted.

Dreanporn....we are not talking about the oldest profession.

I have two kids of university age....one just graduated, one in first year uni.....I know....and they tell me stuffs about their friends .

I agree with KYY......Malaysian kids at 17 not matured one.

They say they know what they want but they really don't.

no one who studies ICEAW course in Sunway ever have to worry about no job...recession also got job

<couple of months ago, met a front counter young guy at car service station who has a junior pilot license but cant find opening in any local airline companies>

why not? what, by the way , does a 17 years old Malaysian kid know? They are not Americans, you know?

<you shouldn't try to convince people not to take certain job/path with your own calculation.>

education is big deal......not a joke,big goon.

Sunway has the ICEAW course.
People may not know.
Please, if you have smart children....make sure they take this course.
They can start after Form 5 even.

And guaranteed job from the Big 4 after 2 years study (2.5 years for Form 5 students) starting pay $3000. The ICEAW course is mostly self study, that is why it is very very cheap.


every University student will fight hard to get a $3,000 job but will mostly fail.


Sunway also has the CFA course, mostly self study, also very very cheap but only for graduates.

this is the season for university entrance and plenty of parents here.....lol.

<Seriously, what's the purpose of this article? >

well, my crystal ball says PUC will surge tomorrow, Tuesday, and then fizzle out.

my advice. If you are expert, do your own expert analysis. If not expert, take a free ride on KYY.


Posted by chl1989 > Jan 11, 2016 12:54 AM | Report Abuse

wow...too much in-depth accounting thingy.

tick all the right boxes, export counter, Taiwanese owner, Japanese technology, Vietnam cost, just started to be noticed.

on charity and CSR, do we try to produce the $1,000,000 /year future heart surgeon, or try to give those from poor families a leg up. ?

I think the future $ 1,000,000 heart surgeon already come from doctor families.

3iii...real sound advise.

shaun...I am flattered you pay so much attention to me. I am only small guci rat, cannot push up your share price. Thanks anyway. I will study now .

too much focus on forex gain, core profits etc....not enough focus on what is really going on....ie margin expansions, management and business model is the downfall of lazy analysts.



<Posted by YOLOOOO > Jan 10, 2016 10:20 PM | Report Abuse

Thank you for your hardwork Mr.Letitgo>

on Vietnam wages., recently I gooogled the ILO wages report. I was totally fascinated.
Vietnam wages at 1/3 of Malaysia and China average wages actually already higher than Malaysia.
fascinating stuff.

I love it when Malaysian companies go to Vietnam to expand...get involved in the fastest growing economy in the world...like Latitude Tree, This Chinwell, Keinhin....many many others... This are the smart guys.

If you can tap into the growing Vietnam market, even better.

core profits or not is analysts short cut,
big funds looks at 3 things....management is good, business model is good and the figures are good. trust your own judgement.

< Posted by fayeTan > Jan 10, 2016 08:10 PM | Report Abuse

Letitgo, in such case one should look at core net profit... Which means exclude out all forex gain or loss... And all other one off items..>

ok...you are the master.

You passed every test.

equity sections refers to movements in the reserves account....these are non income items. such as translation gains.

<Please see page 36 on the equity section. It shows that there is 9mil of forex gain and 8mil of profit for the year for NCI. Do you understand that the section?>

icon...if you are referring to the sanctions and tariffs imposed by EU on China for steel fasteners, it is good news for CW, not bad news. Got this from the forum here.

whether accounting schools or business schools, or CFA programs, they need to read Income statements and should know about non controlling interest.

Do you need to go to business school to learn to read Income statements...mr letitgo. ?

the so is for the mrletitgo who don't go know how to read Income statements.

icon...unlike you, I like people to attack my shares. The more attack, the more research I do. Chinwell, Scientex, Jtiasa, Keinhin, Tguan, Genting amonst others.

look at the Statements of Comprehensive Income...the figure $ 17,889,553 is there. Non controlling interest.

icon....In the case of Comintel, they have to deal with very smart MNCs.........in the case of Scientex and Chinwell, they deal with price non sensitive end consumsers in their own currencies.

lets see who got pricing power.

In business schools, they call it pricing power. Lets see who got the Power and may the force be with them.


<Mr Desa, margin expansion ? I thought you said the benefit will disappear the next quarter ?

So your chin well and scientex can benefit indefinitely, while my Comcorp can only benefit one quarter ?>

I would not be shareholder if KYY had not alerted me to read CW Report. .....my gratitude to KYY.

look at the income statement.
when I was working, they call it Minority Interest. Nowadays, they call it Non controlling interest.

<Also, where is the minority interest in P&L of 18mil? Please show me. Thanks.>

mr let itgo.....

forex gains and losses arises from booking difference. The rates assets and liabilities were fist booked and the realised values.

That is not the real story.....
The real story is in margin expansions of exporters as Ringgit suddenly plunged and as the become more competitive.

and PL for Dec Quarter will put the Sept Quarter to shame.

The world did not end on Friday...In fact, as early as 9.00 am , there were no desperate sales and soon, the market realising it has strength actually surged on selected shares in the afternoon.

can refer to this :

http://klse.i3investor.com/servlets/forum/902425637.jsp

for forex issues................I like to refer readers to this that I wrote a few days ago..............

"
Tell you what.

All export counters had a good run based on earnings growth of Sept Q. A look at the US$ to ringgit chart will tell you that Sept Q only got one month above 4 ringgit, however, the December quarter got all 3 months above 4 ringgit.

You see, revenue in ringgit terms is based on the average of the 3 month sales. With a full 3 months of of ringgit above 4, the earnings of December ending quarter of the exporters is going to explode upwards compared to the Sept ending quarter .

The next quarter results ending Dec is going to put the Sept ending earnings to shame.

You want to miss the fun just because of world news ?

so, run away or stick around?

big winners make big decisions. "

aim to win big....you should want to be a big winner, not an ikan bilis winner

hi, anyone expanding into Vietnam, the fastest growing economy in the world will be greatly rewarded, mark my words.

Vietnam wages at one third of China's.............and does anyone know that average wages in Quangzhou is already far above that of Malaysia. ( thanks to the depreciation of the ringgit)..............gentlemen...go to Vietnam.

"27,000,000 ordinary shares of RM0.50 each (“Chin Well Shares”) were issued pursuant to
the general mandate granted at the last AGM of the Company and the aforesaid shares was issued in conjunction
with the acquisition of the entire equity interest in Asia Angel Holdings Limited for a total purchase consideration of
RM47.46 million, fully satisfied via a combination of issuance and allotment of 27.0 million Chin Well Shares and the
balance via cash amounting to RM8.31 million."


I also a shareholder. But I am very positive with the acquisition of Asia Angel, not negative like you.

"Firstly, the Group successfully acquired the balance of 40%
interest in Chin Well Fasteners (Vietnam) Co. Ltd (CW Vietnam) by purchasing the entire share capital of Asia Angel Holdings
Limited (Asia Angel), which owns the 40% stake. This move enables the Group to fully-consolidate the earnings from the
high-growth CW Vietnam, which serves the Do-It-Yourself (DIY) fastener segment.
Secondly, the Group made a strategic decision to venture into the production of downstream wire products so as to expand
its product range and target new local and foreign customers.
We believe that these developments have not only benefitted the Group in the financial year under review, but have also
set us on a positive path going forward."

Lets look at the Minority Interest figure in the P&L about $18 million.
27 million new CW shares for $18 million....an earnings per new share at 67sen....where to find?
If 2015, we have Geshen,: 2016, we have Chinwell.......enough said.

this is Jan 10, with perfect hindsight, the perfect portfolio would be your two Possible trunarounds Comintel and Mudajaya and my turnaround Jtiasa and fantastic stock Keinhin and one of your warrants.

In Malaysia, all the assistance is focused on those with straight As....probably true else where too.
I for one, don't think the straight As are divine beings, and the straight As are assessed by who? By our Education Ministry officers with their ridiculous syllabus and tests?

The real tragedy is not top top students cannot doctors. The real tragedy is that our Ministry has made a mess of the whole system.

The present generation from the poor do not have the upwards mobility of the previous generation.

And the top top students are not even the best of their generation. I have no faith in the government exams and government assessments of the students.

Drop out from Harvard seems prerequisite for success in Silicon Valley.