I always buy first and then recommend to you. When I sell, of course, I sell first and then inform you.......in the between, I will tell you the sky high fairy tale price so that you get hypnotised and lose focus. By the time you realise it, you pants is already half down and on fire.........@^_^@ meow

OMG!!!!!
I thought recommending another investor to divest some of the Pchem to buy HY wasn't very right in my opinion....but below??? Oh Well, why am I surprise.
My prayer goes to those affected. Stay strong.

hng33

The biggest sin he commit is ask subcribers to cut other under perfrom stock, all sailang to hengyuan as he tag hengyuan as BIG wining stock capable to recoup back all loss, but ending is miserable, subcriber loss become even bigger lost..... pity

For the past 2Q, they reported Forex gain which helps Thier bottomline. With strengthening of RM against USD, it might be reverse now. The Upcoming Q will not be rosy especially there is not much change in the underlying businesses environment. In fact, the Ningbo plant operation will be further delayed with no target date in sight

Dear respectable sifu,
You and your team excited all, only inform the follower that you hv sold all or way before it drop to your exit price?

if close 3.49, will it waterfall to 2.99?

3.49???

read recent IB coverage on BPPLas and indeed there is a strong headwinds. I guess the entire stretch film industry will face the similar problem just like what happen to gloves. Being more cautious now.

https://klse1.i3investor.com/blogs/kenangaresearch/2022-12-08-story-h-303919558-BP_Plastics_Holding_Feeling_the_Pinch_From_Global_Slowdown.jsp

Let's see this 19th Dec on the vote of confidence. If AI get 2/3 vote of confidence, then RM might strengthen further. It is good for import driven business but bad for export driven business. Furthermore, most online sales such as Amazon, alibaba and taobao has reported lesser sales and it is predicted next year will be worst before it get better. I guess this is also another factor. If gomen pass the online sales tax, i believed it will dampen further this counter. Just my 2c thought but preparing myself for the uncoming headwind

The only reason i can think off is the strengthening of RM against USD might have impact on the forex gain/loss and also it might affect their upcoming revenue since they are mainly export driven and the conversion USD to RM might reduce.

Take opportunity to further reduce 10% of my position. Very comfortable now. If reduce further if it touch RM 10, ......lol

Good AGM. Great management. Kudos to them.

Stock market somehow looks like a barometer for the country economy and also the PM. I guess this shows FF have full confidence in Anuar Ibrahim. Will the vote of confidence on 19th Dec further fuel the rise in KLSE?

The reason can read from the edge but if you are looking for conspiracy theory, then you know who to refer to....

https://www.theedgemarkets.com/article/hengyuan-posts-loss-3q-lower-motor-gas-cracks-high-crude-premium-stockholding-losses

KingJOO sum it up extreme well. Someone better save his posting before it is gone. It can be use as a frequent reminder.

Surprise! Surprise.......TNB goes against gravity

Hibiscus finally broke 1.08......good for hibiscus holder....

seeing MoneyMaker re-appear here reminds me the days that he was constantly bombarded with curse of him going bankrupt. I wonder how close is MM to bankrupt....@^_^@ meow

The silence is deafening but don't worry, Malaysian quickly forget. Just need to wait for few months only and will appear again and the same modus operandi will start again.

The NOSH is 300M which is not huge. I wonder how much is hold by retail investor.

I can tell rr88 is an old bird. Maybe have seen this happens far more than me. Those affected, don't beat yourself over it. Learn and move on but make sure don't fall for it again. Tricked me once, shame on you. Tricked me twice, shame on me. Cheers and & wish you a better day ahead @^_^@ meow

I'm praying those follower not badly burnt. Take this part of learning but i can tell you this will not be a last time. You see this again in near future...again. Seen it far too many times happening.

abang_misai, You will get Sorry, Sorry & Sorry.
Do remember, when someone tell you as sky high TP like RM19, then you must believed that pig can fly.

Q3 yesterday already announce. Thanks to opustang

Wow...oil drop to US83? Wondering will it test $80 in short terms

Raising tariff for Industrial and commercial will increase production cost and causes goods price to go up as well. It will cause inflation and it will somehow come back and hunt the lower group too.

The good news is MYR strengthen against USD. This will help in TNB borrowing, interest payment and lower cost of fuel purchase. The not so good news is its receivables increase dramatically. They are require to borrow more money to run the operation and hence need to pay more interest but you dun get any interest from the receivables.

I believed Anwar will survive the vote of confidence. Especially if there TPM from BN and east Malaysia. Furthermore, GPS has said they leave it to Agong wisdom and hence his royal highness has requested them to work together. Anwar being PM doesn't immediately chance the world economy neither Malaysia economy. In fact, the ICPT review this Jan will be very interesting. If you increase the ICPT for domestic/ commercial and industrial, it will not goes well with consumer. If don't it doesn't bode well for Tenaga

Cannot break 1.08, will it break RM1? Took opportunity to sell half yesterday to rebalance my cash vs equity ratio.

There is much to grab but then there are many tier 1 construction company too. They will need to award it equally. Rising material prices, worker wages and surprise purblic holiday (which i welcome) will increase the cost. Also the working hrs reduce from 48hrs/week to 45hrs/week starting In January will increase the operation cost.

Took the opportunity to reduce some position to balance the my cash & equity.

Online sales has been dropping and therefore the demand for wrapping bag has decrease. I couldn't recall the revenue of blown up bag vs stretch film and also unsure if demand for stretch film reduce as well. I believed the margin will be further squeeze by next year on the electricity ICPT adjustment in Jan since election is over.

Declare special div 38c.

BP Plastic release results today. Revenue and PAT drop citing higher material cost and weakened demand. Will Tguan share the same fate?

Hishamydin dun agreed to join the pact because Lafizi keep on bitting on the LCS issues?

I hope Sarawakian will remember this day regardless of what the outcome and make sure they repay GPS decision in GE16.

Does hibiscus operate any gas in sarawak? I thought they only involved in gas after acquiring repsol asset which is the PM3 that operating in Vietnam.

Thank Chun Wong93.
Anyway i found this info in the Annual report. Might have miss it when it read it the 1st time.
Can refer to page 73 of the annual report. (Link Below). TGUAN approved 28.6M of ESOS shares at the price at RM1.13 for 5 years (2019-2024). Lets say if all are fully exercise, then TGUAN number of shareholding (NOSH) is about 410M. Not great but not a big concern as it 7% increase in NOSH and future earning will be diluted by 7%

https://klse.i3investor.com/web/staticfile/view/459983

Hi Pua, thanks for the link but that is the esos quantity for this round. I guess i should be more specific in my question. I'm trying to find out how much can the management can continue to issue the esos. Can they issue 100Million esos at the price of RM 1.13 to themselves or staff?

Anyone know how much esos that they can issue? 10% of current shares?

Did ABC sifu recommend his follower to accumulate more when it rebounded? The target price given, not even the sky is the limit @^_^@

thanks kitmanworld. I think many will not op for the reinvestment plan but if they are offering at a discounted price and looking at their recent win of contract, they have replenish quite substantially on order book which the job would be 5 to 8 yrs. Anyway, i will wait for their further announcement and only decide.

I foresee all gloves to be excluded from the KLSE index very soon. That will be a double blow to the glove industry.

the 29.44 mil is including RM9.7M interest income......
so actual profit from gloves operation, Rm20mil??

Wow!!!! profit margin down to 5+% only. It tells alot about the gloves industry. Even the best in the industry can't avoid this catastrophe.

kitmanworld, did they say the special dividend also can opt for dividend reinvestment plan?

EU banned on sales of new ICE vehicle from 2035 onwards? It is 12 years away from now and 12 years is not long.
Between now and 2035, there will be more and more electric cars and the cost can only get cheaper and cheaper.

https://www.wardsauto.com/industry-news/european-union-bans-sale-new-ice-vehicles-2035

Epf is buying back. The continuous selling by them failed to bring the price down anymore any now they buying back. Ride the wave with them.

Interesting article. If indeed true, someone underwear will get wet but unsure it is due to diarrhea.

https://www.nst.com.my/business/2022/10/844023/impact-falling-crack-spread-petron-malaysia%C2%A0

Still hoping for RM1 as promised? Or it has now become "wait till Sept 2023"?

from few million capital to 800M profit?? Wow.....this is national treasure......must protect.
EPF, wht are you doing? U should hire him to manage your investment so that we all can have higher return.