Sales increase is coming soon. Please refer to earlier post on the interview video clip with the founder. To have some clues if the low resin price sustainable, please refer to LCTitan & PetChem share price...

Expect a better result than last quarter, follow suit Daibochi.

Agreed with William Wang. Have been building my portfolio on this stocks from 47 sen. Their expansion will pay off well coincide with the drop of paper price. The profit margin easily go back to early 2018 level.

Thanks for correcting my mistake on the edible oil segment.

After a more detailed study, edible oils & fats is a new business segment that the company has venture in to tap on some existing assets after the divestment of milk powder segment. Yoy, revenue grows a whopping 183x from 789k to 145m, while asset grows 130m, from 579m to 709m. Qoq, revenue grows 84.5m based on the notes quoted from 2Q19 below.

(Contract Manufacturing division registered revenue of RM512.8 million in YTD Q2, 2019, an
increase of RM84.5 million compared to YTD Q2, 2018, mainly contributed by edible oils and
beverages segments)

The losses i suspect should be one off set up costs incurred of moving machinery & perform re-calibration on the machinery computer setting to swift from milk powder to edible oil, & hiring costs of the new staff.

This will be a new revenue stream to partially off set the impact after divest of milk powder segment once the setting up expenses stabilized.

Dont be too pessimistic. We are almost at the end of the tunnel and will see light in the next quarter result based on the following facts:

1) The tranche 1 of the selling price of F&B Nutrition of RM750m was paid on 15th Oct 2019 directly to AmBank & AmBank Islamic to settle the borrowings. This will translate to RM8.4m interest savings per quarter from 4Q19 onwards based on interest 4.5% p.a.

2) The profit for 3Q19 was pull down mainly by loss of RM8.7M in 3Q19 in the Edible Oils & Fats segments in Contracts Manufacturing Division. As we all know, crude palm oil price has strongly rebound. A positive return in 4Q19 is almost certain.

3) Boxpak, the subsi of Canone, has break even after many years of losses. This is due to drop in the corrugated paper price, resulted from the drop in the paper pulp price. Next quarter result should remain the same or a more positive return if the downtrend of corrugated paper price continues.

The combine of 1) + 2) will gives a profit of RM17m, which enough to offset the impact of the discontinued operations of dairy segments.

International bulk carriers co this quarter result also not so rosy... eg seroja investment, maersk & eagle bulks

Realised loss at 60 cent. Even though Baltic Dry Index hit 2500 at one point, it didn’t translate into profit. It’s TCE & hire days still around RM10k average & 1300 days, about the same like past 1 year.

Result will be out on 14th Nov. It’s available on Bloomberg website. FOC

For margin financing, you can also pledged your asset play/ long term shares as collateral for additional financing, eg MAA or Kbunai, for your other short term high profit growth stocks.

You don’t need to dispose your current shares. Margin financing now is in a way ‘monetise’ your asset that you intend to hold long term.

Margin of financing is like borrowing money for business, ie gearing. No one will dispute whether business should or should not borrow.

The key questions are whether:
1) the business is profitable (your share selection)
2) how you manage the cashflow/ margin
3) whether are you over gear (margin again)

I'm not sure if trade dispute settle is good/ bad for Master in long run, as it has Vietname operation.

Paper pulps price has increase 1% quarter to quarter, impact should be negligible.

Haha do you trust politicians?

My expectations on next q result should be about the same or slightly lower than last quarter. The current price more or less has reflected its fair value.

This stock is to hold medium to long term to maximise the profit.

Thanks bro. I'm also a cyclical player & like to catch turn around stocks.

Take a break now & give your mind a rest.

Never give up on investment & just take it as a good lesson. Its never easy.

Confident of making good profit?

Just bought, fundamental change next year due to demand & supply of bulk carriers.

Follow master of cyclical Cold Eye. He made RM5m to RM6m fr Armada & RM500k from Maybulk shares this year alone.

The company profit will boost by depreciation of CNY in 2 aspects:
1) cheaper raw material imported from China for its Malaysia & Cambodia operations, and
2) higher profit for its exports business in China

Good profit ahead in the coming quarter...

Disposal of F&B Nutrition completed today. Company's borrowing power freed. Raw material tin price dropped. A good selection of asset play with good monetisation/ privitization prospect.

Gold is long term bullish if more developed countries adopted -ve interest rate for now.

Try to think, who will be so stupid paying money to buy -ve bonds & yet need to pay them (-ve interest). Definitely not China. China wont be fooled by these western financial theories, instead they will soon show the world how they re-engineered the financial theories the China way. Dont forget, China ppl's maths are not worst off then westerners.

China is already the biggest owner & trader of most metal commodities. Million question now is what will they buy next to park their money?

A better quarterly result for Q3 is expected

Get ready for one more good quarter result to be announced in Dec

Hhmmm... bull run following SCGM?

Good quarter result with higher dividend pay out of 1.2 sen. If not due to higher tax rate for this quarter, the result is even much better.

好样的！

Degem shares suspended today. The directors has swiped the shares in the open market. General offer on the way?

Historically Poh Kong has the highest q result in Jul due to festive season. Let wait & see

The peak of oil price is over. The down trend of oil is resumed back. Unless there is any war in middle east

New high hopefully, overtake hard lo... This week theme play will be o&g

Strong rebound...

Good sign... TA group also is looking at this stock. Too cheap to ignore

Month end window dressing?

Any update on AGM today?

It’s bad

should be another fantastic quarter result since due to low raw material price.

Gone with winds... uncle’s today’s article hinted he also make mistakes. Good luck to pccs & teoseng’s investors

We just need to be patient as this only will be happened after the disposal. & the time is on our side with the dropping of both aluminium and tin price from their peak. The profit margin should be back to normal & it eventually will be reflected in the share price.

The owner is definitely eyeing to privatize canone after this disposal. The reason is simple: Canone is basically KianJoo no. 2 now after the disposal.

The borrowing of RM917 mil to wholly acquire KianJoo will be fully repaid (take the average of min & max of the purchase price).

If the owner values KianJoo for RM1.4 bil & privatize it, there is no reason he wont take Canone private with half the price. (Canone current market cap is < RM700m)

It might fall below this price only after the quarterly result is out. Uncle will honour his words as far as he can.

Thx

Does anyone know the process buying & selling shares off the market period? Do we need to engage lawyer for the sale & purchase agreement?

KYY’s broker will be very busy soon. Better make appointment early when the time comes...

Thx KC recommends the share. If I would to group the business model of Insas, I would compare it with ICap. The owner is superior stock punters like anyone of us. It has another gems on its crown which ppl ignore & yet to shine. Just wait till end of next year.

The show is over... it’s a stale news even if uncle give a new article on this

This only might happen after the expiry of the warrant to save cost. Waiting game

If I’m the main shareholder, I will be the one who eyeing this arbitrage opportunity, no risk & no financing is required. Just offer share capital repayment to buy out minority shareholders equity interest using the company cash. Just think of MAA (be more generous in offering price la).

Owner. Ltkm nta per share is 1.90 vs it’s share price 1.14 now

Guys, LTKM share suspended. Most likely its another priviatization exercise.

Its just like Philip keeps tellilng the advantages of buying shophouses with constant rental yield & capital appreciation. But it doestn mean the ppl buying agri land with fair/ discount price is fool, especially the one with good location near to the city. Eventhough the return is uncertain, but it might be lucrative when the time comes.

The key issue here is to get the good assets.