Lukey_Greek

Lukey_Greek | Joined since 2017-11-26

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Stock

3 days ago | Report Abuse

The boost of USA tariff of 25% in 2026 will only have temporary effect, as China will gain more market share in Europe. The supply & demand will be rebalanced as a whole. The ASP will more or less back to 2025 level after that.

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3 days ago | Report Abuse

In the AGM, Mr Lim mentioned that the worst was over, however the recovery is more like a L shape, instead of V. Utilisation rate was about 60% only for Apr & May.

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4 days ago | Report Abuse

Market expectation was TG turn black in 2nd half (this quarter onwards) as per uncle Lim's interview with Sin Chew one month ago.

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4 days ago | Report Abuse

Kelvinfixx, it means the profit margin drop (-ve operating margin). Malaysia glove players still have lower hand in the price negotiation process.

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4 days ago | Report Abuse

As usual, uncle Lim painted a very bright future for his company. This time is in 2026, another 1 & half year to go. If based on current ASP price trend prediction, expect another operating loss next quarter. Hope there are more excess land to sell in coming quarters to maintain in black.

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3 weeks ago | Report Abuse

Strong margin call pressure. Limit down.

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3 weeks ago | Report Abuse

Companies’ UMA response can’t clear the air. No conclusion from the emergency board meeting except to form the investigation team to probe further.

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3 weeks ago | Report Abuse

Long way to learn on understanding this wave fr FA perspective.

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3 weeks ago | Report Abuse

When the price is right, even owner of the company & ABRDN will also dispose their shares. Good luck long term investor.

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3 weeks ago | Report Abuse

No way Supermax can turn around in this quarter. Last quarter profit margin was close to -50%.

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3 weeks ago | Report Abuse

Harta is the most overvalue among big 4. No more deserve for high PE for its R&D advantage if compared to China competitors. Will slowly fall back to PE comparable other peers.

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3 weeks ago | Report Abuse

Don’t blame tax. Just look at PBT

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1 month ago | Report Abuse

the current quarter financial result of Harta & Kossan show compression of profit still persist. Higher revenue with a same/ lower profit.

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1 month ago | Report Abuse

too much cash with low profit = a slack management. basic finance knowledge.

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2024-01-23 07:19 | Report Abuse

He is getting poorer? Questionable 1.2b deposits for JV projects still with him

News & Blogs

2022-12-30 16:50 | Report Abuse

My Stocks Pick for 2023
- Harta 10%
- Kossan 25%
- LHI 30%
- Supermx - 30%
- TopGlov - 5%

Thanks Mr. Tan

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2021-08-13 22:44 | Report Abuse

Since Maybulk performs annual impairment assessment on the vessel value, the realisation of 75% increase of the vessel value this year will be pure profit, which will come to total 89m for both vessels in Q3.

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2021-06-30 22:45 | Report Abuse

Last quarter result just announced yesterday was below expectations.

Half of the gross profit was from reversal of impairment losses. Can already forecast what’s the profit like even though MCO is lifted in future.

News & Blogs

2021-06-30 12:43 | Report Abuse

Only ppl work in audit line or finance division know how serious are these ‘trivial’ issues.

News & Blogs

2021-06-29 17:00 | Report Abuse

Current price makes more sense for me.
Not sure how EPF & KWAP think?

As usual, they're much more prudent in their investment.

News & Blogs

2021-06-28 15:52 | Report Abuse

EPF & KWAP think the same too...
Really not make sense.

News & Blogs

2021-06-27 15:56 | Report Abuse

Why repeat the same contents here.
Most of us would have watched the press conference last week.
I think we all know who is the T20 insider.

Who else?

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2021-06-24 14:53 | Report Abuse

Retailers see it as good news & immediately buy, fund managers see it as bad signal & quickly sell.

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2021-06-23 23:05 | Report Abuse

Issue statement: Audit findings
Facts: Petty issues
Actions:
1.Resolve it there & there with auditors, or
2. As advised, appoint independent reviewer

Issue statement: Audit findings
Facts: Fraud
Actions:
1. Try to sack auditors
2. Sack & reshuffle audit committee
3. Appoint lawyer to start legal suit to terminate auditors
4. Buy time to cover up
5. Appoint independent reviewer? Wait! I haven’t done no. 4!

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2021-06-23 17:41 | Report Abuse

Nowadays auditors are all very cautious in signing annual report due to huge penalty imposed on 1MBD case. Not everthing can kaudim.

Dont think any other big 4 firms will be willing to take up the independant review or replace KPMG as the new auditors.

Wont pass their internal due diligent process on new clients.

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2021-06-23 17:26 | Report Abuse

The ultimate objective of yesterday PC - Force KPMG to resigned:

Sections 430 and 120 of the Malaysian Institute of Accountants (MIA) by-laws states that a litigation between an auditor and a client will likely deter the accountant from acting objectively, and may only be addressed by ending the relationship.

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2021-06-23 17:26 | Report Abuse

KPMG is protected by being sued by SC act.

Under Section 320 of the Act, auditors are required to report to the Securities Commission Malaysia (SC) and the exchange any cases that adversely affect to a material extent the financial position of the public listed company (PLC), or any breach of securities laws and rules of the exchange.

https://www.theedgemarkets.com/article/kpmg-says-audit-was-proper-and-will-contest-serba-dinamiks-suit-—-can-company-sue-its

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2021-06-23 15:13 | Report Abuse

Dont you all see KPMG is firm on their stand? If they make mistakes, they would have done damage control much earlier to avoid the current situation.


Now, this stock has attracted short selling from foreign instituitions, just like TogGlove. Go and check the total net short position in Bursa.

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2021-06-22 17:50 | Report Abuse

It shows they have no intention to resolve the issues, just to make use legal suit as an excuse for delay of issuance of the annual report, & hopefully KPMG will resign as their auditor.


I expect KPMG will counter sue and instituitions like EPF will throw more of their shares.

News & Blogs

2021-06-22 14:06 | Report Abuse

Go study more of last quarter profit composition.

Dont mislead the investors & got a potential surprise -ve profit for the coming quarter due to fair value loss.

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2021-06-21 15:31 | Report Abuse

49m wb converted to mother shares & will be listed tomorrow.
Good luck guys!

News & Blogs

2021-06-20 21:21 | Report Abuse

Last Friday is quadruple witching day. Pls google if wanna find out more.

News & Blogs

2021-06-20 12:22 | Report Abuse

It’s our national team doing window dressing for KLCI using heavyweight blue chip like Tenaga. 1st day playing shares?

News & Blogs

2021-06-13 12:12 | Report Abuse

Same tactics like last year.
Whenever there was Malaysia public holiday, the big players will pushed up the price easily 10% in Singapore market.
The newbies will chase high the next day morning. By end of the day, the price went back the same like previous closing price.

It’s easy to be done, just spend few million ringgit in overseas market, whereas they can sell hundred millions in Malaysia. Volume is thin in overseas.

Beware!

News & Blogs

2021-05-31 02:52 | Report Abuse

From cash flow perspective, the company distributed lesser dividend even though they earned higher EPS since 2019. Hhmmm...

Stock

2021-05-27 10:02 | Report Abuse

Who is attending AGM today? Any update pls?

News & Blogs

2021-05-07 17:44 | Report Abuse

Q1 result will be catastrophe due to reinstatement of export tax of 8% on CPO.
Good luck for those who rush in now.

News & Blogs

2021-05-02 16:25 | Report Abuse

What golden rules? He is the master of TA nowadays.

News & Blogs

2021-04-28 19:12 | Report Abuse

Another historical high monthly export figure for rubber glove.

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2021-04-26 13:03 | Report Abuse

Agree. Hold tight your tickets. Expect 50% to 70% up in Harta result, with additional 45 sen dividend.

Another boost to glove counters as a whole.

News & Blogs

2021-04-26 12:52 | Report Abuse

Why bother about comment of someone(s) who proven he is wrong in the glove stocks cycle? Logic tells you highly likely he will be continuously be wrong in predicting the cycle.

News & Blogs

2021-04-26 12:49 | Report Abuse

I’m not sure if China ASP price is cheaper or not for the same type of glove. But I’m very sure their share price definitely much higher in term of PE ratio.

News & Blogs

2021-04-25 13:10 | Report Abuse

The investigation is initiated by MACC & IRB. SC has not played any role in the investigation so far.
As usual, SC fails in their role to protect retail investors.
They are 60 over companies in this group, haven’t counted other groups, Not a single investigation initiated.
A big fail!

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2021-04-21 09:34 | Report Abuse

Kossan total net profit per quarter about the same with Supermx. Market cap is 35% discount of Supermx as at yesterday closing price. & Kossan demand higher PE ratio than Supermx prior to Covid-19.

Do you own choice on which counters to buy, or assess how underprice Kossan is if compared to peers.

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2021-04-21 07:10 | Report Abuse

Look at sustainability of the share price & not profit.

Do you own maths using DCF method.

Stock

2021-04-21 00:30 | Report Abuse

All sour grapes.

If the profit is sustainable, Kossan's TP will be RM40 based on historical PE ratio of 25x.

News & Blogs

2021-04-20 22:47 | Report Abuse

Experience learned, dont buy the stocks that you're not familiar & giving out the wrong advice to the public.

For example, sell at RM4 for Supermx when the price now is rebounded to 35% higher at 5.40.

News & Blogs

2021-04-20 12:52 | Report Abuse

Margin account is a nominee account by nature.

News & Blogs

2021-04-18 06:39 | Report Abuse

JPM’s research is low quality with lot of flows. They don’t even know bother to adjust the target price for TG following the additional special dividend & HK secondary listing announcements.

By end year 2022, shareholders of TP might have collected closed to RM1.50 to RM2 per share dividend. Whether this dividend paid is added back in JPM TP? Seems like they don’t bother to answer neither.

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2021-04-15 21:45 | Report Abuse

This counter is a laggard play.
Historical share price & profit growth of other big 2, glove counters, ie Top glove & Supermx is a good reference for Kossan coming quarters earning.

Hold tight your tickets till coming quarter result.