Bali trip from dividend😂 come come

Something is brewing, stay tuned.

A lagging counter, financial performance improve substantially.
May'21 quarter margin compress due to one off PPE write off and disposal losses amounted RM 3.2 mil. Without this one off transaction should be perfect.

Expect revenue continue improve and surpass RM 100 mil in next 2 quarter.
The company are now focus more on export than local, so margin will definitely better.

Let's go ‘Penang’ and ‘Sonic’.

..... .. ....... .. .. . .... ........ ...
..... ... ....

hmm switch my IQGroup to FPGroup.
Lets group together.

Personally I always refer back to this article.
The worst us over, all the mess are done, retrenchment are gone, no more moving costs. Wait for margin improve, all we need is holding power. Time to back to RM3 is possible/

https://klse.i3investor.com/blogs/icon8888/2019-06-17-story211175-_Icon_IQ_Group_Is_it_About_To_Turn_Around.jsp

Seems like make some sense.

Wa crazy, container cost RM55k/20 feet and RM 100k/40 feet to US from Malaysia.
Wondering how much profit for next quarter, IQ go go go see you AGM tomorrow.

bclim I thinkask he is trying to say by exclude one off is only 1.2 mil profit
because there is a 4 mil reversal.of impairment.

Already confirmed coming quarter better than last quarter, hold and enjoy the ride.
In MSM we trust, be patient and hold tight tight.

Sounds promising by MD. Well done my ex-boss.

https://www.youtube.com/watch?v=I7laLA1VB3c

"Malayan Flour Mills eyeing global poultry supply chain."

Interesting.

Ignore the short term pain now.
Result is good no worry and it will surprise you all.

Agree

.........................
02 November 2020 - Food and Drug Administration (“FDA”)
07 December 2020. - CE

Coming quarter should be booming because US and EU region account for more than 55% total sales for financial year end 2019 and 2020. So, Prlexus major customer is based on these country. I believe the masks sales will improve with FDA and CE label.
05/02/2021 9:35 PM

Just to be more patient holding this counter, the demand of glove and masks still strong. Please take note MD bought 2.2 mil share in Oct-Dec 2020 at average RM 1.59 each.
If the boss not confident, why want to buy back at high price?
Rebound very soon.

Patience is the key for successfully investing.

Choivo cover LCtitan when it was RM1.80, no right or wrong.
In fact LCtitan can do very well because the PP HDPE spread very high in 4th quarter 2020.
We can see form Lctitan operation profit, that a huge improvement but coming quarter profit will be lower due to naphtha price increase. Don't expect too much for coming quarter yaa.
Hold, patient is GOLD.

Primeinvestor where is chiovo? con job

Jtiasa based sarawak, so no MCO for Sarawak but maybe strict SOP.
A good buy now.
If my information is correct, Jtiasa result is almost last quarter figure.

My stock pick as below:

Foundpac 20% 0.955
Supermax 20% 6.01
Geshen 10% 0.90
IQgroup 10% 0.96
LBALUM 10% 0.70
PPHB 10% 1.09
SERBAD 10% 1.76
NTPM 10% 0.76

Expect 20% grow of my portfolio in 2021.

Glove still got leg?
YES, Next week engine start, mark my word.

https://www.klsescreener.com/v2/news/view/773059/glove-makers-in-for-a-good-run-this-year

2021 CPO year, well play

Small EMS player "GEM",
Their peers like VS, Skpress, Ataim all fly to upper level, yet GESHEN still stay at lower floor.
"LOW RISK"

Undervalue Gem DOMINANT

Reasons:-
-ASP
-Leadtime
-US furniture boom

Furniture related "GEM".

Non-Syariah Compliance

An undiscover gem that won't stay that way for long.
STAR pick.

Anyone heard about Siling Fong collect this CON STOCK?

Needless promote all of us know VIS is gem, never know that TSMC is one of its client.
Anywhere good info share.

Good, alot buy at 81sen.
TA wise uptrend, volume up.
R1 85 sen
R2 90 sen

Never look back.

The reason prices change when additional equity is raised is that investors may treat this as a news event.

If investors think that the company is overvalued, that would cause the stock to drop.

Alternatively, if the market thinks the company is raising money to fund a new and profitable project, they may raise their expectations and increase the stock price. As simple as that.

Back to PP, even it state RM200mil is to par down the loan, please think out of box la. Actually all the fund raise of RM450mil is for working capital for the new project.

Serbadk do 1st PP in Jan 2018, and 2 years after, Jan 2020 share price hit all time high
(60% appreciate from Jan 2018 share price).

....................................................................................................
i3lurker //////You all can check those stocks after private placement mostly heading downwards./////

wow!
thats a contradiction from those shark macais who claim after PP shares will go limit up.

ha ha ha

Napthan price go down, can you please check the product price, going down.
Now this company not about the napthan, the problem now is demand.
Plus the schedule maintenance from FEB&MAR20.

UAE RM7.7bil Innovation Hub

SERBADK's business strategies involved in EPCC is to provide O & M services after the project completion. Generally, maintenance contract is between 3-5 years (Recurring revenue). Therefore, its revenue growth largely depends on the ability to obtain new maintenance contracts and extend maintenance contracts after completing the EPCC project.

Downside risk is minimal

Ambank comment
"We note that Serba’s share price has dropped to an intra-day low of RM1.02/share on 19 March 2020 when Brent oil price was trading at US$26/barrel. As Brent oil prices could fall even further next month with WTI futures again likely to slip into negative prices, we believe that Serba’s share price could again test the trough levels."

This Ambank analyst very funny, then all others shares should drop back to 19 March 2020 price yaa since COVID 19 getting more and more serious.Of course the oil price slump for the time being, but once Covid19 getting better, the oil price will going up to an acceptable price laaa.
Now no much demand, storage full, why? Cargo no moving, plane no flying, MCO car not moving, but supply is on going. Upstream oil player can't stop production because it is not cost effective for them to stop. The problem now is supply remain, buy demand drop. So oil future drop loh. Since the upstream still operate, no impact on Serbadk what. Serbadk is only render operating and maintenance service for oil and gas player.

And recent secure contract, Serbad order book turn into 50%(O&G)50%(EPCC)ration already. I believe most of the IB is correct beside Ambank. Sorry to say that Ambank.

CY266 PBB: RM2.49(+61%)
KENANGA: RM2.80(+81%)
RHB: RM2.09(+35%)
UOBKH: RM 2.17(+40%)
TA: RM2.10(+35%)

AMBANK: RM1.05(-32%)

what happen to Ambank, hahahahahahahahahaha

IB ANALYSIS REPORT DATED 24 APRIL 2020

PBB: RM2.49(+61%)
KENANGA: RM2.80(+81%)
RHB: RM2.09(+35%)
UOBKH: RM 2.17(+40%)
TA: RM2.10(+35%)

AMBANK: RM1.05(-32%)

Good job Serbadk, this clear my doubt, the entire PP of RM450mil is to fund UAE IT TECH PARK.
-Repay loan RM200mil Revolving Credit(can drawdown anytime later)
-Working capital to run the show RM250

Assume there are monthly progress billing of RM160mil(RM7.7bil/4yr/12 month)

Cash and cash equivalent as at 31/03/2020
RM1.35 bil+RM800mil(TR-TP)=RM2.15bil ideally

***If the market thinks the company is raising money to fund a new and profitable project, they may raise their expectations and increase the stock price.

Coming quarter result excellent ........

Just hold only, like how I hold this since early 2017.
In Krono we believe, it shoot to RM1.20 no sell, drop back to 50c no sell.
If you can find a company like Penta, MYEG, Krono, basically treat this as your retirement scheme. Invest bit by bit, nothing wrong with the expansion plan,

Read the quarter carefully, you will notice something. eg: cashflow, capex,etc.

read carefully the performance review, you will get some clue why to buy this counter. gemas project revenue yet to be recognise, once it book in it will be around 15 mil each quarter, and singapore utility board new contract around 5 mil each quarter. Willow successfully get contract renewal from tnb which already expired in mar19.

impairment 1.2 million in May2019, coming quarter may not be good.

Lower revenue due to completion of fibre optic projects in last quarter. (10Mil Gadang MRT fibre optic project so finish recognize). Q218-2.5Mil,Q318-2Mil,Q418-5Mil.

For the rest of the quarter revenue will stay within the range of 11 - 13 Mil. Anyhow business is still good.

Information to share...

1. New Market-Head-start into South American via Mexico back in 2017.
3 years target market share 5% in equivalent to 10,000 unit gaming machine.(Huge Market)
2. Strong cash pile(Net cash position)
3. Dividend payout 0.7c for YA17 increase from 0.6c YA16 and .05 YA15.(dividend increase Y2Y)
4. Chuah expect 15% top-line growth.
5. Chuah up stake recently(April'18). (Off market transaction)
6. RGB boss confident its company valuation worth 60c in 3 years(via Cold Eye speech in late 2016)
7. SSM Division(Substantial order will booked in only Quarter 2)
Vietnam-679 gaming machine+25 Card suffer machine had already delivered in mid Apr'18(Total
package worth RM92Mil).
Cambodia-170 gaming machine ready to install in June'18
8.TSM Division(Concession-Profit Sharing+Preventative maintenance services)
Revenue increase approximate 50% compare Qtr4'17(RM32Mil/RM21.5)-It been very consistent within 20Mil-22Mil/quarter for the past 12 quarters.

RISK
1. Change Government in these countries(Cambodia,Philippines, Laos, Vietnam, Timor-Leste and Nepal)

Resistance
R1 30c
R2 34

Support
S1 24.5c
S2 22c

Don't be too optimistic on HRC or Petron,
Brent oil price hit USD 70/brl isn't a good sign for refinery business, crack spread will drop to USD 6.

Last 10 day Brent up going up from USD 63 to USD 68, crack spread dropping from its high at USD USD 9.6 to USD 7.12.

Reverse signal, will slide flat to 40c before it come back stronger.
Buy when price 40.5/41c.
Will comeback stronger during Jan 2018.

TE3 done in Qtr doesn't mean it can generate revenue and bring in profit for Qtr4.

Anyhow today really a breakout from downtrend.
Gj titan.

Yeah, 43c test, but what if today no break 43c then will initial support at 41c.
Be patient guys, what we need is steadily up to 48c-50c level and not sky rocket.

If break 40c, uptrend for sure.
Hold your horses.

TP 48c

Congrat all holder(include me),
Revenue RM 19.5 mil, PAT RM 5.2.

Result good or bad?
Will Qtr 4 better than Qtr 3?
Will you hold or will you sell?
There is no right or wrong, Let the market decide and react on the result.

Perhaps my previous post can help you on your investment.
Wish all MMSV-ian makinng a big buck ya^^



:-

Posted by Young Money > Nov 5, 2017 02:23 PM | Report Abuse X

1st qr 50 machine
2nd qr 100 machine
3rd & 4th qr total 100 machine

Price range USD 50~ USD 150~80%
Price range USD 150~USD 250~20%

Revise:-

1st qr 50 machine =RM 14.7mil(Revenue)
(USD 50)*50(80%)*4.2 =RM 8.4mil
(USD 150)*50(20%)*4.2 =RM 6.3mil

2nd qr 100 machine =RM 29.4mil(Revenue)
(USD 50)*100(80%)*4.2 =RM 16.8mil
(USD 150)*100(20%)*4.2 =RM 12.6mil

3rd qr 75 machine =RM 22.1mil(Revenue)
(USD 50)*75(80%)*4.2 =RM 12.6mil
(USD 150)*75(20%)*4.2 =RM 9.5mil

1)“After all, the Penang-based group secures the bulk of its work in the fourth quarter and subsequently books in much of the billings in the SECOND and THIRD quarters.”

2)“Most of our orders are delivered to clients in the second quarter, followed by the third quarter,” explains CEO Sia Teik Keat.

:-Sia send a message to us saying 2nd and 3rd QR result will be superb, I’m a prudence guy so I take 75% out of 100machine in to account.

4th qr 25 machine + 25 machine(New orders) =RM 14.7mil(Revenue)
(USD 50)*50(80%)*4.2 =RM 8.4mil
(USD 150)*50(20%)*4.2 =RM 6.3mil

1)Looking ahead at the next procurement cycle, which will begin towards the fourth quarter, Sia is optimistic.

2)Sia is particularly looking forward to the introduction of 3D scanning sensors in smart devices. He estimates that the more sophisticated testing equipment will boost the value of new orders by 10% to 20%, at least.(29 Aug 2017)

Opportunity
“In the next 12 months, there may be a need to utilise another 10,000 sq ft for a new assembly line,” he said.(14 Aug 2017)
:-this indicate the company very confident their future prospect(CAPEX)

“MMSV is also keen on growing its visual inspection machines for semiconductor wafers. This is a new line of business for the group”
:- as per Sia in the statement, he hopes this assembly line will make up 25% of total revenue.

We can't compare HY with Petdgg, cos HY only refinery whereas Petdgg do have both station(stable income) and refinery.

Thx @hng33 @sign @ipomember.
Appreciate your reply, learn something especially from hng33..

I got a question here, mind to share your view:-

1.If LKH so confident about the acquisition deal is good enough, why he use Lim Seong Hai Holdings Sdn Bhd acquire 6,164,100 shares from open market from 03-07/11/2017. In fact, he can buy those share with his own pocket money right.

2.KHOO NANG SENG resign from current position as ED dated 07/11/2017.
Sick? Retire? If I'm not wrong
Resolution#4 To re-appoint the following Directors:-
i) Mr. Khoo Nang Seng @ Khoo Nam Seng
This resolution is going to pass on 23/11/2017 AGM.
I feel not comfort, something fishy.

3.During 04 May 2017&13 July 2017 2 time selling force hits RM1 from RM1.40. Why LKH and his family din't acquire any share? But this round he is trying to hold the SP from dropping?

4.As we know LKH doing his good for his company(10 years), but what he thoughts is good may not be good for the minority shareholder like us. (dilute of shares/ reduce NTA/etc)

As a result I reduce my holding by half as I loss some confident after I take in account of all this doubts.