why company resell shares and on other side directors take up the shares?? any ideas??

Dont know if u guys realised this, from the annual report, already have institutional funds in the top 30 shareohlders list, congrats

Justin Long why do u say real workout? qr is not coming anytime soon

Warming up almost completed.

Time to do real workout.

Hi DK, kindly add me into your group, would like to learn :D

notice that the USD has weaken against RM for the past few months, dont think the PAT can achieve more than RM400 mil.

But anythg more than RM250 mil will be good for price rally later on

I dont know why everyone is expecting so high a PAT for the current price.

Let's look at Top Glove:
Latest quarter PAT = RM355mil, EPS / quarter=13.5, EPS / year = 54sen, price=RM28
Forward P/E = RM28/0.54 = 51

It's a fact that Top Glove is market leader, so supermax doesnt deserve PE of 51. Let's get a reduction to a PE of 30.

Current price =RM23, P/E = 30, work backward, EPS/year should be 2300/30 = 77 sen, this should give u a EPS / quarter of 19 sen!

Number of shares of Supermax is 1,360 mil, so the quarter PAT to get a EPS / quarter of 19 sen is approx. RM250 mil.

For me as long as Supermax record a PAT of RM250 mil coming quarter, the current will be justified. Anything more than RM250 mil is a bonus for the current price to fly later on.

not worth holding this, so many good undervalue stock now

AT is converting Pearl glove to manufacture medical gloves la. See press release summary

@Goodprofit: not surgical gloves, industrial type

oil companies cannot sustain long with oil price below 40 pb. By hook or by crook they will push the price above 40 to sustain themselves.

Acquisition of Picturework is supposed to completed by the 2nd quarter. Now is already 3rd quarter. Is this deal going to be cancelled off/postponed?

And the quarter report is taking so long. Maybe another red bomb

Good business strategy to explore the in-need segment

https://deadline.com/2020/03/coronavirus-shanghai-disneyland-reopens-china-1202877224/

a bit of sharing only, not asking u to buy / sell, the ceo is a cunt

few analysis on PW performance:
1) PAT 2019 for PW is about RM21.4 mil (2019 Q4 contribution to PUC = RM1.42 mil). This exceed profit guarantee of RM21 mil. So i trust that the ceo purposely reserve some revenue and profit for first quarter 2020 in order to meet profit guarantee 2020 of RM25 mil.
2) PW 2018 Q4 contribution to PUC =RM3.2 mil. With more contract awarded why 2019 Q4 contributed less?
3) The acquisition need to be finished by June 2020. So 2nd half of profit from PW will be 100% contributed to PUC. With coronavirus in china and hk, first half 2020 contribution from PW will be affected. So 2nd half 2020 PW need to catch up perfomance in order to meet profit guarantee of RM25mil
4) if profit guarantee not meet, the ceo cannot get cash consideration RM31 mil for 2020 except that he top up the deficit amount. Any of these, performance for PUC can only improve in Q3 and Q4 of 2020

let say this year the total profit of PUC is RM15 mil (mayb lesser if 11 street keep makin losses), with PE 10, the share price should be around RM0.30

So i sugest dont touch this stock now. wait until after ceo get his shares first. then if stable then only buy in around august/september 2020 when Q3 result is released

and as long as the ceo yet to receive his consideration share for the acquisition of PW, the share price will continue south way

looking at the quarter result, u know the management is trying to push some revenue to the next quarter, especially the contribution from PW. Having a profit guarantee for 2020, the ceo needs to make sure the target is achieved, otherwise he will be getting his $ late. The virus is hitting their china business badly, without pushing some revenue to the next quarter it's hard to achieve the profit guarantee

@cytew you are right, buy queue at 5.5sen today.
My average price is 7 sen, do you think i should continue holding it? if yes until when is the best time?

anyone know why dont want to do right issue but do private placement again??

the good time to buy is after consolidation & before share issuance to ccc happens.

Those who plan to attend the AGM pls help to ask when terminal kampar will operate? In the AR Outlook section, they says Terminal Kampar will operate in 2019, this is so vague, when exactly in 2019??

The amount of assets increased is much more than the increment in borrowing. As an expanding business, shouldn't it be good to see the borrowing to increase as long as the assets (ppe i.e: new terminal) is increasing too? Any sifu can share opinion on this?

From the previous financial data, the revenue for LCTitan is increasing steadily. Lower crude oil price was also observed in the last quarter of 2018. Couple with the probable announcement of dividend, higher share price is anticipated

The current share price is following the overall market performance. Once market recovers it will gap up as it is very undervalued now

still financially sounds, expecting good qtr result

any news trigger the selling? ex date is 16th. Dividend to current price is more than 4% already..