Congratulation!

You got your charting right...


Posted by Huat1 > Dec 15, 2019 7:27 PM | Report Abuse

Immediate support at 0.72.
Already Oversold !!!
Time to rebound

Excellent breakout!

Time to move.... Many Projects awaiting REDtone

Why we should invest in TOPGLOVE?

1) TA - Reversal of trend.

2) 2020 will be excellent year for rubber gloves industry.

3) KLCI index stock - current KLCI is at its low and expected to spike when foreign funds flow bsck.

4) In short-term, boosted by an excellent QR and year end window dressing on the way!

I own more NOTION than FPGROUP :D)

QR to be announced by today?

Comfort Glove QR announced yesterday was pretty encouraging.

What's the outlook of TOP GLOVES?

GEORGE TOWN: FoundPac Group Bhd plans to produce parts for the automotive industry next year.

Group managing director Ong Cheng Hoon said the group had installed a new production line to manufacture critical automotive parts.

“We expect to get the certification in the first half of 2020 and start commercial production in the second half. We have also the automotive part manufacturing licence from the Malaysian Investment Development Authority. These are parts used in, for example, the gear-box of an automobile.

“FoundPac has vast experience in manufacturing precision machining parts, ” he told StarBiz.

MY Concern....
Is FPGROUP a direct or indirect competitor to NOTION in precision machining parts?

Why the stock must limit up leh?

Why must be so greedy?

Young man must learn to be patient and be careful with your money.

Good advice from @888next ... "Anybody who don't know this, my advice don't trade warrants"

The reward from warrants can look very tempting (higher) due to the leveraging factor, but so is the risk involved...so beware!

Remember to work on your competencies before venturing into higher risk "game". Only buy warrant if you're familiar with the "rules of the game" - Tips: only use it on strong uptrend stock!

Take a look at the recent the recent movements of NOTION, from 20th November to 29th November,
Mother: from high of 1.02 to low of 0.810 = dropped 0.210 (20.6%)
WC: from high of 0.69 to low of 0.435 = dropped 0.255 (36.9%)



Posted by 888next > Dec 14, 2019 11:32 PM | Report Abuse

Play with a different volatility and time to expiry it's just a methodology

Anybody who don't know this, my advice don't trade warrants

Today, Mr Wong Thean Soon (CEO) acquired 8.5 million shares of MYEG at RM1.05

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3009683

A good recovery in one day after fallen for more than a week.
This is just the beginning only....

https://www.thestar.com.my/business/business-news/2019/12/12/supermax

"Emotional" people are bias and thus cannot make sound decision, thus rarely can make money in stock market...

Agree with 888next

Remember, PAST is not equal FUTURE

Always experiencing the present and look forward. Past is a lesson learned.

Magni-Tech (Magni) posted a 17.8% YoY revenue growth to RM301.3m for 2QFY20, while its net profit jumped by 28.7% YoY to RM29.9m, mainly attributable to promising sales contributions from the garment segment and lower operating costs incurred. After stripping-out foreign exchange gains of RM2.7m, Magni’s cumulative 1HFY20 core net profit is at RM57.6m, broadly in-line with our expectations at 46.4% of our full year estimates.

We leave our earnings unchanged as 3Q is a seasonally stronger one. Moving forward, we believe the higher capacity from its 2-phase expansion plan will enable Magni to fulfill more orders from its single major customer.

We reiterate our Outperform call on Magni with an unchanged SOP-based TP of RM2.91. Separately, Magni declared a higher DPS of 2.5 sen (2QFY19: 1.875 sen).

2QFY20 Revenue (+17.8% YoY). Garment segment revenue, Magni’s largest contributor, jumped by 21.9% YoY to RM277.2m due to higher sales orders received, a direct consequence of trade diversions from US customers. On the flip side, packaging segment revenue fell by 14.7% to RM24.1m as sales orders fell.

2QFY20 Profit Before Tax (+25.3% YoY). Garment-based PBT grew by 27.9% YoY, mainly boosted by better operational efficiencies at its manufacturing plants in Vietnam, higher foreign exchange gains (2QFY20: RM2.6m vs 2QFY19: RM2m) and higher investment-related income. Packaging division’s PBT was lower in tandem with the lower sales orders received meanwhile.

Going forward. Magni will be one of the major beneficiaries from the US China trade dispute as its major US customer diverts its orders away from China to Vietnam and other garment manufacturers in the ASEAN region. Furthermore, 2020 will be a major sporting year with the UEFA European Championships and Tokyo Olympics expected to fuel the growing demand for sportswear. We are optimistic that Magni will be able to ride this oncoming wave.

Source: PublicInvest Research - 11 Dec 2019

Well said OTB

We are riding on a speed boat now.

Enjoy the ride!

Note: The 6.89 sen EPS is in fact 18.37 sen (6.89 x 2.666) as compared to the previous quarters due to the Bonus issue.


Posted by ramada > Dec 10, 2019 6:08 PM | Report Abuse

6.89 sen.

RY just wanted some attention to sell books.

We want to make money from KLSE

Don't waste your time on silly matters :D))

Your life will be better if you are more positive

Even the director of JAKS, Dato' Razali Merican sold 3.8 million shares at an average price of RM1.222 on 5th December did not dampens the sentiment nor stop the share from rising.

So, naysayer, save your time and breath.
The writing on the wall on the future propect of JAKS is so clear. Don't be stubborn for your own good. Better join us fast. Buy and hold JAKS shares for your own benefit.

We see a diamond here

Posted by deMusangking > Dec 10, 2019 12:04 PM | Report Abuse

0.670!! new high!

Good experience make you RICH

The winner is @deMusangking...


Posted by cat lim > Dec 5, 2019 8:04 PM | Report Abuse

based on my experience it will go lower


Posted by deMusangking > Dec 5, 2019 8:49 PM | Report Abuse

based on my experience it will go higher

Low risk, High return
What is needed is holding power & patience

Good job by the management and technical team.

Posted by 888next > Dec 9, 2019 8:55 AM | Report Abuse

It took us about 1 year to be approved by EMS customer to comply as a CSR approved supplier based on their audit assessment

@stockraider, your statement is sarcastic and disrespectful. You are not talking to your children or your student. Why must you behave this way?

Posted by stockraider > Dec 8, 2019 11:32 AM | Report Abuse

Hi 888next,

I wonder if u need milk, do u buy a cow for its milk or do u just buy milk itself leh ?

Okay. I buy more Christmas present...

Knowledge is important and always good to learn/acquired.

However, knowing and doing are poles apart...

In real life, experience in execution is most crucial for success - combining the knowledge, skills & experience...

There is a saying, that "too many cooks spoil the soup" - More doesn't mean better; "Simplicity is Power" - Less is More...

What matters most is the achievement of desired results/outcome - the appropriate approach you employ in that particular situation. They also say that there are many choices/options/routes to travel from destination "A" to "B".

The choice is yours!

Let's prosper together from our sharing...

Stock cannot continue to go up without retracement.

Well said @cheoky

Can't go wrong far if we get it right on its business and performance. The rest is merely matter of timing before we get our rewards for investing correctly.

All the best to fellow members on the same boat.

Good one!
:D))

Huat1 say so la... "Each investor/trader adopts their own strategy..."

Posted by Yu_and_Mee > Dec 3, 2019 4:30 PM | Report Abuse
Huat1, we shouldn't say like that though it may be true for us. But each should have own decision and while making the decision, we wouldn't know what will happen next.

Posted by Huat1 > Dec 3, 2019 3:41 PM | Report Abuse
Each investor/trader adopts their own strategy. No need to impose on others your own trading style.
Some people may be long-term investors and may be laughing at you for running away with such small profit..
Not everyone see things the same as you.
Give others a break.

The chart looks like FRONTKEN & PENTA in their early stage

HUAWEI

Thank you for all your kind and unselfish sharing from all the Sifu-Sifu...

Without your informative facts and figures, I wouldn't have invested and benefited from this JAKS (current profit is substantial X00,000) - thanks to you all.

My advise to all of you all great contributors in this forum...
+ save our energy,
+ just ignore those silly/unreasonable/baseless/uncalled for remarks posted by certain people (they have their own ideas/predicaments - just ignore them),
+ focus on the great things you are doing (sharing) because time will tell who's right and benefit from your own karma.

Keep up with your good contribution - a real successful person is one who can "contribute" to the society.

Terima Kasih kepada semua Sifu-Sifu !!!



Posted by OTB > Dec 2, 2019 11:41 PM | Report Abuse

DK66, probability, pjseow and others, we share information in Jaks forum to benefit every reader in I3. No one is selfish and we talk with facts and figures.
We sincerely hope everyone here will make big money on Jaks.
I also share information I knew with the same intention.
We never cheat anyone here with wrong information.
We also did not fight with anyone here with different opinion.
We hope this type of spirit will be maintained in Jaks forum.
We appreciate good work done by DK66 and others.
Thank you.

Bravo @888next

All the best to your management team in bringing NOTION to greater heights in the near future.

I am very pleased and full of confidence with your team and you especially.

Agree with your views @michealwong.

When @888next was angry with the comment by someone who is ignorant/recklessly jumped to wrong conclusion about the directors' intention to trade during the close period, I had a feeling that he will not last long in this forum because handling institutional investors is very different from handling all types of people in i3 Forum.

Unlike professional funds managers, i3 Forum consist of a lot of punters/speculators, young and lack of knowledge and inexperience in investing and some very greedy and inconsiderate individual who only thinking of getting free and easy information. They have unbelievable, unrealistic expectations of getting rich quick in the stock market without having to do homework/research - expecting others to spoon feed them with information and even want to know the correct timing to buy and sell their stock.

When things doesn't get the way they expected, they will blame others for it and when they strike jackpot, they will take all the credits and of course keep all their winnings.


Anyway, I appreciate 888next's sharing even though it was brief but very informative about the company. Thank you @888next and all the best to you...happy and healthy. Cheers!


Posted by michaelwong > Nov 30, 2019 11:52 PM | Report Abuse

tracy92,888next have already told that he personally have overstayed in this forum. Perhaps,he can't take the heat of one or two who might have raised questions that infuriated him from stop posting midway. There is no wrong and right in any public forums comments by various parties. He should take it lightly and easy but no doubt it hurts, he should have absolved all negative comments in the interests of the company..... right and not put emotions beyond control and regretted and easily offended . Raising questions and answers by investors comments is the norm and nothing unusual and under such circumstances,we can balance over our desire to invest further or neglected our actions to support Notion Vtec. Cheers to all notion vtec investors !

After looking through the QR announced by so many companies from KLSE for the past two to three weeks, it is quite scary to see that most companies did not do well and many were making heavy loses.

Good performing companies on KLSE are few and MYEG is one of them.
Congratulation to the management of MYEG for doing a great job delivering solid profit quarter by quarter without fail with excellence profit margin despite facing so many challenges. Your performance is commendable.

With such good track record, MYEG is expected to remain resilient in the local business, providing the online services.

Moving forward, MYEG’s earnings growth will stem from its effort to replicate its offerings overseas. The effort has started to bear fruit as seen in its latest progress in the Philippines. MYEG Philippines has commence the first phase of its online services in partnership with Land Bank of the Philippines to offer e-govt services to the people of the Philippines in transacting with the government.

The business expansion overseas would also help to reduce the group’s reliance on the local market.

Meanwhile, MYEG business model remains attractive which garner healthy profit margin of about 50%.

In my opinion, MYEG is one of the better company to invest in.

So "sayang" this forum lost a great sharer/contributor, @888next

Really appreciate his sharing about NOTION and its prospects.

I gain a lot of insight about this company thanks to @888next.

Hope to meet you some where some day.

Cheers!

If you don't sell, it cannot go up.

Know what to do lor

Prospect of the Group

For the financial year ending (“FYE”) 31 December 2019, MYEG will continue to introduce innovative services leveraging on new technology to drive our growth for FYE2019.

We are also expanding our regional presence in Asia with the recent introduction of new joint ventures and services in the Republic of the Philippines, the People’s Republic of Bangladesh and the Republic of Indonesia. We are bringing our technology and expertise to these countries and hope to introduce innovative services which will enhance the efficiency in these new markets and allow us to tap on the continuous growth of transactions where the population in these countries are becoming more tech savvy. MYEG’s Board of Directors (“The Board”) is cautiously optimistic that these are the new markets which potentially may contribute to our organic growth for FYE2019 onwards.

At the same time, the Board will work closely with the Government to continue rolling out new egovernment services whilst maintaining the service level of the current services which will continue to benefit the Malaysian public, consistent with the Government’s objective.

In view of abolishment of the Goods and Services Tax (“GST”) regime in September 2018, the Board wishes to clarify that necessary impairments were made, in FY2018, on the investments as well as capital expenditure incurred on the tax monitoring system which were supposed to be rolled out under the GST regime. However, the Board is confident that there will be opportunities available to the Company to roll out similar systems in other countries which we are present and to re-deploy the system built and assets purchased (which the value had been impaired) in these countries.

Barring any unforeseen circumstances, the Board are cautiously optimistic that the long-term outlook for MYEG continues to remain positive as we continuously introduce innovative services as well as embarking on a regional expansion.

Good job MYEG

Solid & steady performance

Congratulations to all stakeholders of MYEG

B3. Prospects of the Group

a) Tin Manufacturing Industry
Tin manufacturing industry will remain challenging due to an increasingly competitive market. Raw material prices are currently less volatile and this will help to maintain the stability in the market in the near future.

b) F&B Industry
Demand is expected to remain strong although we foresee a very competitive market. This segment will continue to be profitable although prices of dairy ingredients have been increasing and the uncertainties in global economies.

B2. Variation of Results against Preceding Quarter

For the current quarter under review, the Group’s profits before tax increased by RM8.13 million to RM20.16 million as compared to profit before tax of RM12.03 million in the preceding quarter ended 30 June 2019.

a) Tin Manufacturing Industry

Profit before tax increased by RM3.07 million from RM3.04 million to RM6.11 million mainly due to higher sales in the printing of tinplates services.

b) F&B Industry

Profit before tax increased by RM5.48 million from RM9.42 million in the previous quarter as compared to the current quarter’s profit before tax of RM14.90 million, mainly due to higher production cost from water supply disruption in the current quarter under review.

B1. Review of Group Performance

a) Current Year Quarter compared with Preceding Year Corresponding Quarter

The Group achieved a revenue of RM143.43 million, which is the highest revenue per quarter ever recorded and profit before tax of RM20.16 million for the third quarter as compared to preceding year corresponding quarter of RM124.44 million and profit before tax of RM16.51 million respectively. The revenue increased by RM18.99 million and the profit before tax increased by RM3.65 million respectively as compared to the third quarter of the preceding year.

For the tin manufacturing segment, revenue increased by RM6.86 million from RM28.73 million to RM35.59 million mainly due to higher sales in the printing of tinplates services. Profit before tax increased by RM2.03 million from RM4.08 million in the preceding year corresponding quarter to RM6.11 million.

This is mainly due to higher sales in the printing of tinplates services in the current quarter.

For the F&B segment, revenue increased by RM12.14 million from RM95.71 million to RM107.85 million mainly due to higher sales from dairy products. The profit before tax increased by RM2.26 million from RM12.64 million to RM14.90 million for the current quarter, mainly due to higher sales in the current quarter as compared to the preceding year corresponding quarter.


b) Current Year-To-Date compared with Preceding Year-To-Date

The Group has recorded a revenue of RM426.02 million and profit before tax of RM45.17 million for the 9 months’ ended 30 September 2019 as compared to preceding year-to-date of RM343.98 million and RM30.19 million respectively. The Group’s revenue increased by RM82.04 million and the profit before tax increased by RM14.98 million respectively as compared to preceding year-to-date.

For the tin manufacturing segment, revenue increased by RM17.42 million from RM83.72 million to RM101.14 million mainly due to higher sales in the printing of tinplates services. Profit before tax decreased by RM0.71 million from RM11.36 million to RM10.65 million. This is mainly due to higher material costs and relocation costs incurred by KTCF which is completed in the second quarter of this year.

For the F&B segment, revenue increased by RM64.62 million from RM260.26 million to RM324.88 million mainly due to higher sales from dairy products. The profit before tax increased by RM16.13 million from RM20.00 million to RM36.13 million, mainly due to higher sales and higher production efficiency in the current year under review as compared to the preceding year-to-date.

Excellent QR for Johor Tin

3 Call Warrant expiring 29 November 2019

Buy before too late

Tomorrow very likely FPGROUP will challenge its all time high at 0.635