Result is within expectation

Tomorrow margin calls for the right subscribers
Just as planned

Tomorrow can buy some at cheap
:)

Trip to the holland
Get back to your seat and tighten the belt before the flight took off
:)

Director punishing punter
:)

Revenue is improving compare to last Q and last Y
It is s good result
And it is offset by the poorer profit.

Result is good
Just Preceeding year result is too good
However the share price of the last year is above 1.50

Waterfall

I believe this counter is made up of smart money until now.
Not some delusional money

The next hidden gem after Tecguan

The power of hidden gem unleashed

Severely undervalued compare to its peers
Market always overlook a true hidden gem

It will be taken private by tycoon
Good luck to minority

TP 40

Holland...

Average down :)

There is too many loophole in the FA itself
And they existed so that the other can abuse it
One thing for sure is director has better idea about the business itself
When they start selling it, we must be very careful.

Next quarter is weak quarter
Make sure to exit as fast as you can
:)

TP 3.00 like the last time before kyy promote it.
:)

IPO is money making game for company owner, Imagine if the value of your company list at 15x PE. The value of your shares in the company flip by 15 times instantaneously.

This kind of cheap con-pany is flooding market, and their purpose of listing is only make quick buck.
:(

Holland is the destination

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KLSE Screener
Mercury Industries exits auto refinish biz, netting RM11.29m from subsidiary disposal
TheEdge Wed, Nov 23, 2016


KUALA LUMPUR (Nov 23): Mercury Industries Bhd is exiting the auto refinish business, citing the increasingly challenging segment that resulted from slowing domestic economy, uncertainties in the global economies and weaker ringgit.

"Pursuant to the proposed disposal, the construction business will be the sole business of the Mercury Group," it told Bursa Malaysia via a filing today. It said the construction segment will continue to be the key contributor to its earnings, given the remaining order book of around RM144 million as at Sept 30, 2016.

Based on the unaudited nine-month financial period ended Sept 30, 2016, the construction business contributed RM3.76 million (55.35%) while the auto refinish business contributed RM3.03 million (44.65%) towards its profit after tax and minority interest (PATMI).

The company exits the auto refinish business by disposing of all its equity stake in Silverlight Prospects Sdn Bhd to Interglobal Dynasty Sdn Bhd for RM50.5 million.

An agreement has been inked between both parties to effect the disposal. It was deemed a related party transaction as its executive director and substantial shareholder Datuk Tiong Kwing Hee is also a director in Interglobal Dynasty.

Tiong has abstained and will continue to abstain from all deliberations and decision at board meetings relating to the matter as well as voting in the upcoming extraordinary general meeting.

The auto refinisher product manufacturer cum construction outfit said the disposal could unlock its investment in the auto refinish segment and the proceeds will provide it with immediate cash flows to fund working capital and repay its bank borrowings.

After the corporate exercise, its net gearing will fall to 0.03 times from 0.54 times as at Dec 31, 2015, read the filing.

Mercury's total cost of investment in the Silverlight Group, which was made from 1989 to 2010, is about RM26.43 million. The unaudited consolidated net assets (NA) of the Silverlight Group as at Sept 30, 2016 is approximately RM38.36 million, the filing revealed.

"Based on the sale consideration of RM50.5 million against the unaudited consolidated NA of the Silverlight Group as at Sept 30, 2016 of approximately RM38.36 million and estimated expenses of RM0.85 million, we expect to record a gain on disposal of approximately RM11.29 million from the proposed disposal," it added.

Barring any unforeseen circumstances, the disposal is expected to be completed in the second quarter of 2017.

Shares in Mercury closed down 13 sen or 8.72% at RM1.36, valuing it at RM54.64 million.

Sell sell sell.

Always sell before the quarterly result
:)
Do not trust any hype

Another holland trip

Valuation:
...................."New paradigm"!!!
....................Delusion....^.denial
.........................Greed..|.|...^.return to "normal"
.....................Public...../...\..|.|..Bull
.............Enthusiasm.../......V...\.....trap
..........Institutional...../.............\...Fear
.................Investors /................|
Smart money........./...................|....Capitulation
.First sell off........./.media...........\
Take.....____....../..attention.........|.Return to the
......Off/........\__/...........................|....../...mean
.....__/.........Bear............................\.../
__/...................Trap.........................V..Despair
___________________________________>Time
________^______^_____^________^
Stealth__|_Aware-|Mania|Blow_off____|
__Phase_|ness___|Phase|Phase______|
________|Phase__|_____|___________|

General Cans division
Revenue of General Cans division decreased from RM96.8 million in Q2, 2016 to RM94.2 million in Q3, 2016 mainly due to lower demand in jerry cans. Profit before taxation decreased by RM0.7 million compared to the last quarter attributable mainly to lower sales and higher operating expenses.
Food Products division
Revenue of Food Products division decreased by RM27.1 million to RM143.1 million in Q3, 2016 when compared to Q2, 2016 mainly due to lower production. Profit before taxation was lower at RM12.2 million as compared to RM20.6 million for Q2, 2016. The decline in profit before taxation was mainly due to lower sales and higher material consumption.
International Trading division
International Trading division's revenue decreased by RM2.2 million to RM13.2 million for Q3, 2016 when compared with Q2, 2016.

Tomorrow another gap down because of the article?

Waterfall!!

Too many guy buy with margin loan and one full lorry before quarterly result is announced
:)

Holland...

Holland is the destination

Waterfall!

Rebound = sell
Who buy now will be another sheep

This counter no help earn money
And take money from me
A parasite con-pany

Kyy cut loss
And sell to you
:)

Average down??
:)

Cut until pant drop
>:D

Waterfall after FLB WTK and HEVEA

Waterfall
:)

Lucky I cancel my buy queue at 2.50
:)

Waterfall!!!

Tomorrow
WTK
HEVEA
Century
Genetec
Gap down together
Followed by side show
FLB for further fall due to short terms/greedy/falling knife trader run to exit.
:)
Holland is the destination

Better sell before result come out
>:D

Very busy week for cut loss
>:D

After cut loss CHINWEL now FLBHD tomorrow WTk also cut loss?

Hold tight tight
Tomorrow water fall continue

Good luck to those buy before result
It is best to buy after result is announced to be safe
:)

Price move from 1.2 to 1.5 within one month and the poor result?
:)
How does it work

Sell