https://www.thestar.com.my/business/business-news/2020/07/06/rhb-raises-earnings-forecast-on-ock-tp-at-68-sen

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E4%BA%A7%E5%93%81%E7%83%AD%E9%94%80-%E8%AE%A2%E5%8D%95%E5%A4%A7%E5%A2%9E-%E5%AE%B6%E5%85%B7%E4%B8%9A%E9%80%86%E5%8A%BF%E7%96%AF%E8%B5%B6%E5%B7%A5
furniture good biz since Apr esp those mid to low cost types, orders from Europe & US also up

https://www.facebook.com/rhresearch/posts/2792220174122917
AGM Sept 2019
Butadiene, only small ingredient for NBR. Not much improvement in profit margin even butadiene price downtrend

Petra loss making, guided words in May QR: This is mainly due to deferment in client’s activities executed for HuC/TMM contracts, revision of activities budget by client, coupled with delay in mobilisation of the Group’s marine assets in view of the global Covid-19 pandemic and decline in oil price throughout the quarter.
No surprise to see similar situations facing by Dayang

https://www.theedgemarkets.com/article/mco-muar-woodbased-industry-expects-lose-rm500-mil-revenue?type=malaysia
Liihen could be one of those allowed to operate during MCO

https://www.schroders.com/zh-tw/tw/asset-management/insights/schroderxcw/in-depth-report/why-nike-still-be-positive-in-coronavirus/?p=true&utm_source=SRD_FB&utm_medium=post&utm_campaign=fbpost

https://finance.yahoo.com/news/nike-leaps-11-results-suggest-140018572.html
Magni should be doing good in next quarter if there is no concern on raw material

https://www.businessinsider.sg/wall-street-commentary-on-new-nike-ceo-john-donahoe-ecommerce-2019-10/?r=US&IR=T
Could online sales offset or cushion potential sales drop due to Nike's outlets closure by China & Europe?

https://www.theedgemarkets.com/article/goldman-says-oil-could-drop-us3-chinas-virus-spreads
oil sentiments affected by China flu

dairy products very competitive, high possibility of margin erosion

Mex min wages hike 20% last Mon, how much impact to Johotin JV at Mex?
https://www.nytimes.com/aponline/2019/12/16/business/ap-lt-mexico-minimum-wage.html

https://www.straitstimes.com/business/companies-markets/airbus-sees-strong-sales-haul-this-year-on-asia-demand-long-range-a321
likely that Sam's order book from Airbus & Boeying will contra each other

Thanks for the summary lcong123
https://finance.yahoo.com/news/nike-reports-2q-2020-earnings-results-211958398.html

Inari dips due to this news, Inari one of the customers of FPG
https://ww.9to5mac.com/2019/12/18/apple-could-be-the-new-owner-of-broadcoms-rf-wireless-chip-business/

Good summary of AGM: FPG focuses in front end/R&D cycle, order will continue to come even semicon is in down cycle.
https://m.facebook.com/story.php?story_fbid=2887400121271588&id=1200094743335476

https://finance.yahoo.com/news/nike-looks-unstoppable-in-2020-as-air-jordan-11-bred-is-re-released-193420626.html

sold land to own company, that's why boss has to support Comfort lo
Good company but way far to become well managed company

RPT: On 27 November 2019, a wholly owned subsidiary of Comfort Gloves Berhad (CGB),
Comfort Rubber Gloves Industries Sdn. Bhd. (CRGI), had entered into a S&P Agreement with the Director of CGB and also CRGI, Mr. Cheang Phoy Ken for the purchase of two plots of land held under Geran 80472 and Geran 80519 having a total areas of approximately 34,570 sq. metres free from all encumbrances and with vacant possession for a total cash consideration of RM1,9mil

http://www.enanyang.my/news/20191215/%e5%9b%bd%e5%ba%93%e6%8e%a7%e8%82%a1%e4%bb%8d%e6%98%afplus%e5%a4%a7%e8%82%a1%e4%b8%9c-%e5%86%85%e9%98%81%e5%8f%96%e6%b6%88%e6%94%b6%e8%b4%ad4%e5%a4%a7%e9%81%93/

2.5cts div equivalent to 2.5*2.67= 6.67ct before split & bonus issue, vs 5cts last year same quarter, div increases 33%. On track with forecast by Pub Inv, a higher dividend payout by Magni for the year from 30% to 35% due to minimal capex expenditure and improved earning

https://www.theedgemarkets.com/article/profit-margins-glove-companies-come-under-pressure-%E2%80%94-aminvestment

good points WhiteWolf!

https://www.freemalaysiatoday.com/category/nation/2019/11/19/top-british-medtech-firm-to-open-in-penang-employ-800-locals/

http://mswg.org.my/newsletters/mswg-weekly-newsletter-04-october-2019-english

https://www.theedgemarkets.com/article/apple-increase-iphone-11-output-10-nikkei-reports

ya not comfortable with this surge, Chang YF, mind to share your view?

Pls share any good or bad news in AGM yesterday

will Nike sales be affected due to anti-US sentiments in China?

current good points:
1. Nike market share in China is growing (double digits)
2. Potential beneficiary due to Trade war
3. Expansion in Vietnam on track, phase 2 will begin in mid 2019

Coming quarter, Jan to Mar live bird average price about RM5
http://www.dvs.gov.my/index.php/pages/view/2157

Old news:
https://www.thestar.com.my/business/business-news/2019/04/02/dufu-aims-to-operate-metal-fabrication-plant-by-june/
Another good move by management to diversify and expand their biz in non HDD.
Any idea revenue from non HDD currently?

AR2018, Chairman statement:
We have invested a total of RM23.75 million in property, plant and
equipment which more than quadruple the amount we invested in
FY2017. Our strong operational strength and improved credit metrics
allow us to maintain a healthy cash reserve and internally fund our assets
acquisition.
Good move by Dufu's management, increased capex to meet demand from high cap HDD as stated in prospect Q42018

Page 8:
HDD METRICS
Client Compute Units 17.6 17.8 16.3 14.0 12.9
Non-Compute Units 11.2 13.7 11.2 11.1 9.3
Data Center Units 7.6 7.5 6.6 5.1 5.6
Data center Units qoq up 9%

WD QR Mar2019
http://investor.wdc.com/static-files/e13621e9-2330-43a4-9611-37b7ebdcc303
Page 5:
DATA CENTER DEVICES & SOLUTIONS • Demand for capacity enterprise drives better than expected • Initial revenue shipments of enterprise NVMe SSD solutions and on track to accelerate ramp throughout CY19
Revenue for enterprise HDD yoy drops but qoq up 15%

Coming quarter, Jan to Mar live bird average price about RM5, back to RM5 again in May & Jun due to ramahdan and hari raya?
http://www.dvs.gov.my/index.php/pages/view/2157

Bulk latex price above RM500
http://www3.lgm.gov.my/mre/MonthlyPrices.aspx

Boeing cuts 20% production of 737 Max from mid Apr
https://www.cnbc.com/2019/04/05/boeing-slows-737-max-production-beginning-in-mid-april.html

Current live bird price has dropped >30% as compared to Jan 2019
http://www.dvs.gov.my/index.php/pages/view/2157

Thailand election is over, production resumes back to normal soon...
https://www.theedgemarkets.com/article/bear-market-rubber-may-last-another-decade-oversupply

Thai election is over, may resume back to normal production soon
https://www.theedgemarkets.com/article/bear-market-rubber-may-last-another-decade-oversupply

Good outlook for glove though Comfort mainly on nitrile...
https://www.theedgemarkets.com/article/bear-market-rubber-may-last-another-decade-oversupply

https://www.theedgemarkets.com/article/bear-market-rubber-may-last-another-decade-oversupply

This should be the cause of price downtrend, Osram VSS, only 1% of total employee at Pen & Kulim.
http://www.enanyang.my/news/20190313/%E5%8F%97%E4%B8%AD%E7%BE%8E%E8%B4%B8%E6%98%93%E6%88%98%E5%BD%B1%E5%93%8D-%E6%A7%9F%E7%94%B5%E5%AD%90%E4%B8%9A%E5%8F%88%E8%A3%81%E5%91%98%E5%85%B3%E5%8E%82/

Live bird price has came down from RM5.50 to RM4.60/kg since 22ndFeb, RM4.20 on 8thMar
http://www.dvs.gov.my/index.php/pages/view/2157
--------------------------------------
puntters First Quarter 2019 numbers will surely be good because:

2. Live bird price selling price increased because of festive season CNY. Everyone eat chicken during CNY finger licking good. During festive many families are believed to visit quick service restaurants eat more chicken.

Live bird price has came down from RM5.50 to RM4.60/kg since 22ndFeb, RM4.30 on 4thMar
http://www.dvs.gov.my/index.php/pages/view/2157

WD Q219:
–HDD
• Capacity Enterprise
-continue to lead in areal density and capacity points
•Successful ramp of 14TB Helium platform
•Introduced 15TB helium with solid roadmap for higher capacities

• Continue to forecast robust long term demand for storage
–Capacity enterprise exabyte growth at ~40% CAGR

http://investor.wdc.com/static-files/81fe7a34-326f-4f86-890a-3a32b9c31739

https://www.bangkokpost.com/tech/local-news/1267463/western-digital-plans-hdd-hub
Chairman statement AR2017
At the Corporate level, our recent investment of RM6.14 million for a 19.6% stake in a newly set-up surface treatment company in Thailand is seen as a strategic acquisition where one third of the Group’s sales are concentrated in Thailand and
coincidentally in Logistics, we have been monitoring our process work route efficiency efforts and optimizing our third-party warehousing to provide total customer satisfaction.

Hi Chang Yee Fong,
http://www.theedgemarkets.com/article/western-digital-close-pj-plant-after-20-years, any impact to Dufu? It can gain more sales from Seagate or Toshiba?