Blessedinvestor intelligence is 100 times better than gemfinder - absolutely useless piece of shit...never share any info nothing

wah.. Riverstone profit rise by 50%??

nice info there..this is what i like

Posted by BlessedInvestor > May 16, 2020 10:29 PM | Report Abuse

Kossan boss said the demand for gloves likely grow 50%.


CIMB Report said ASP increase by 5% to 30%(depending on type of gloves) this quarter, another 10% to 15% next quarter. And order lead time 10-12 months. Profit will grow very significantly next few quarters till 2021. If glove companies cannot meet demand, price will go up again after increase by about 45% in next quarter vs year 2019.

Recently Riverstone (SGX-listed Malaysia's No.5 gloves producer) quarterly result showed 50% jump in profit.

i hope your judgement is correct too

Posted by lollipopkan > May 16, 2020 10:09 PM | Report Abuse

Demand rise by 50%? Who said?

Stock price rise should exactly like how much demand rise? What about selling price? What about raw material price? No factor at all?

Beginner stock market analysis looking only at demand.

from the bottom of my heart i would really love it if it can go there

Posted by Kim33 > May 16, 2020 10:09 PM | Report Abuse

@probability whatever la, I hope u still here when comfort moves toward RM3 and above.

he is exactly my target...not you all

Posted by JoinTheBoat > May 16, 2020 10:03 PM | Report Abuse

You underestimet the power of uncle

as long as i sense you are vulnerable & emotional...i still have hope

Posted by JoinTheBoat > May 16, 2020 10:00 PM | Report Abuse

Probabibity you think you can CHANGE the world
DREAM TOO MUCH LOH

i hope you wont be in Dayang only after Dayang already rise 400% like Comfort

he normally very fast to spot the uptrend early like he spotted Comfort at 88 cents

try to learn from him

Posted by Kim33 > May 16, 2020 9:52 PM | Report Abuse

@Probability uncle K will return to Dayang when the oil up to usd 75,for now he only into comfort.

400% rise already

demand will rise by 50% they say...but Comfort already rise 300% ma...

I heard uncle is reading Comfort forum actively, so i am just passively reminding him....

this kind of thing we cannot force people...

we need to use gentle persuasion

Just a timely reminder:


https://klse.i3investor.com/blogs/koonyewyinblog/2020-04-10-story-h1505923411-Covid_19_Depressed_Stock_Market_Koon_Yew_Yin.jsp

KYY wrote:

I have sold all my shares even at a loss. I will only start buying Dayang again when its price chart is showing a definite up trend and the oil price recovers to a more reasonable level so that Petronas will increase its operation.

i no hate anyone ma.....we need see the positive and negative to balance ma...

i am just a 'balancing force' by nature....

https://www.malaymail.com/news/money/2020/05/16/bursa-malaysia-to-see-positive-trend-as-oil-prices-set-to-rise/1866661

Hopefully will push up gloves counters too!

ok i sapot gloves-Monday all up 15%

very worrying for Gloves:

https://www.thestartv.com/v/coronavirus-related-production-frenzy

better quietly move to O&G....

DK, my original estimation on 1RR for Vinh Tan 1 based on reported earnings is about 15%.

so if you exclude 12% from that , its about 3% for energy payment.

Even if you discount 20% due to efficiency on 3%, its just abut 0.5% reduction in IRR.

............

To me the Dividend from Mong Duong 2 which comes fairly close to the earnings of Vinh Tan 1, gives quite a bit of confidence that JHDP will perform similarly.

so the earnings estimation is no longer a concern for me at all
...............................................................

only remaining concern is if Jaks could raise their stake to 40% without seeking existing investor to take out from their pocket

Post removed.Why?

DK, if you see the 4th year FCF (year 2025), he derived it from EBITDA of 1681 to be 1044. He had deducted the Interest cost of 206 to derive the FCF.

He then used this FCF of 1044 on the 4th year of his NPV derivation under section 5.

If he had used FCFF like you did above the FCF on 4th year will be 1044+206 = 1250

If he used 1250, the IRR will be much higher than 12%

This is not the same like you did above.

let me check again...

Icon8888 sifu, where have you gone missing from i3?

e.g on 1st year, you had used the below figures:

1 652 301 353 1,306

FCFF = 1306

= Profit (652) + Depreciation(301) + Interest Cost (353)

so it means you had used FCFF for Project IRR exactly like had mentioned.

I thought you were saying to use FCF-E (meaning excluding interest cost) of 1271 to derive the reported project IRR of 12%.

.........

You can see that Icon8888 did not use the above FCFF method when he derived the profit working back from IRR of 12%. He used FCF-E and thus inflating the profit for a given IRR.

That was the reason the debate between us earlier, where you had supported Icon method was correct.

Just trying to clarify

@DK66, sorry i have not been following your discussion recently in i3 completely..

The above earnings derivation with project IRR seems in line with what i had estimated excluding interest like i had expressed earlier. So, have you changed your opinion on the Interest cost inclusion for Project IRR?

@Goldgent, now Dayang would start factoring in the resumption of local O&G activities...

even if oil price dips temporarily, Petronas will no longer halt any of its service activities

and market would realize that any dip in oil price will be momentary and will definitely rebound

(Saudi wants the price higher & many shale producers already close shop)

even penergy earnings on next qtr will be higher than Comfort gloves earnings after 12 months....LOL!


Posted by JoinTheBoat > May 16, 2020 5:14 PM | Report Abuse

Petra show qtr 1300% losses
Its show how devastated O&G is in
Many work had stop
No revenue
No cash
No income

even penergy earnings on next qtr will be higher than Comfort gloves earnings after 12 months....LOL!


Posted by JoinTheBoat > May 16, 2020 5:14 PM | Report Abuse

Petra show qtr 1300% losses
Its show how devastated O&G is in
Many work had stop
No revenue
No cash
No income

you see penergy results on 30Jun 18' and 30Sep 18", huge loss....and check the same period for Dayang

even if Dayang reports loss, the next qtr it will be back to its normal earnings

market 6 MONTHS FWD LOOKING...
.............................

not asking 12 or 24 MONTHS like for GLOVES!

Posted by JoinTheBoat > May 16, 2020 5:04 PM | Report Abuse

PROBALITYTY.....
Petra with PETRONAS HUGE SUPPORT
ALSO MANAGE TO SHOW 1300% LOSSES

Dayang’s existing order book, which stands at RM4.8 billion, has surpassed its previous high of RM4 billion in 2014.

Ok fine, i only wanted to post one article on Dayang, but people wanted to discuss on it i thought...if dont want to discuss its ok.

Good luck...and sleep COMFORTably...

uncle Boon Keng, why so sensitive till name calling?

cannot sleep well at night?

If for COMFORT, market is 1 or 2 years ahead looking...

what is 3 months for DAYANG? Sapnergy did not even blink after earnings announcement with a huge loss.

https://www.theedgemarkets.com/article/petronas-maintain-capex-despite-oil-price-slump

TP 3.15 barely 3 months ago...

Petronas to maintain capex despite oil price slump

March 11, 2020

https://www.theedgemarkets.com/article/petronas-maintain-capex-despite-oil-price-slump

Petroliam Nasional Bhd (Petronas) says it plans to continue with its domestic capital expenditure (capex) programme of RM26 billion to RM28 billion this year, despite the recent oil price slump.

“Since the onset of the Covid-19 outbreak, Petronas has taken immediate measures to ensure the safety of our employees through the implementation of several proactive steps to manage the risk of exposure and reduce the risk of transmission,” it said.

..............

Market is 6 months forward looking, it will ignore recent MCO effects on Dayang earnings.

If you miss Dayang next week with the hope to get it low later, likely you will miss Dayang permanently

Good luck

Dayang’s CPOC contract seen providing greater earnings visibility

February 06, 2020

https://www.theedgemarkets.com/article/dayangs-cpoc-contract-seen-providing-greater-earnings-visibility

Upgrade to trading buy with a target price of RM3.15: Dayang Enterprise Holdings Bhd is starting to make its presence felt internationally, clinching an umbrella contract in Thailand for the provision of modification works for Block B-17 & C-19 and Block B-17-01.

The contract, awarded by Carigali-PTTEPI Operating Company Sdn Bhd (CPOC), is for a three-year period with a two-year extension option. We were positively surprised by this development as we had not expected Dayang to secure any significant contracts aside from potential additional “farm-in” works from existing contracts. It provides Dayang even greater earnings visibility for up to the next four years.

................

TP 3.15, barely 3 months ago, MCO is over and oil price back above 30

Petronas to maintain capex despite oil price slump

March 11, 2020

https://www.theedgemarkets.com/article/petronas-maintain-capex-despite-oil-price-slump

Petroliam Nasional Bhd (Petronas) says it plans to continue with its domestic capital expenditure (capex) programme of RM26 billion to RM28 billion this year, despite the recent oil price slump.

“Since the onset of the Covid-19 outbreak, Petronas has taken immediate measures to ensure the safety of our employees through the implementation of several proactive steps to manage the risk of exposure and reduce the risk of transmission,” it said.

..............

Market is 6 months forward looking, it will ignore recent MCO effects on Dayang earnings.

If you miss Dayang next week with the hope to get it low later, likely you will miss Dayang permanently

Good luck

The demand for gloves will rise by 50%

Nanyang Sat, May 16, 2020

https://www.klsescreener.com/v2/news/view/677697

The demand for gloves will rise by 50%

Nanyang Sat, May 16, 2020

https://www.klsescreener.com/v2/news/view/677697

anytime Dayang earnings will beat Comfort... even avg selling price of gloves rise by 30%

You_mee, 2.42 next week? very fast liao...

theme play is switching from gloves to O&G ma....

uncle tricking you all...slowly disposing to enter back Dayang

this one is like a tremoring volcano....ready to blast anytime

if uncle dont comeback to Dayang next week...this one fly away just like Comfort from 0.90 to 2.30 now.....

if gloves avg selling price can rise by 15% to 20%, cant the chemical used in small quantities rise by 10%?

the chemicals are like spices used in small quantity for the bulk beef rendang (gloves) they make..

even 20% rise in chemicals price wont affect glove manufacturers cost...but it matters a lot for Luxchem

just work out the bottom line implication with such margin rise and see with 30% higher sales volume

China car sales mark first rise in nearly two years, mainly due to heavy trucks

12-May-2020

https://news.cgtn.com/news/2020-05-11/China-car-sales-mark-first-rise-in-nearly-two-years-QptUBit5W8/index.html

polyester resin mainly used for the surface finishing of trucks & cars should be back to normal, while raw material cost declines

Yu_mee, why dont you recommend those high ranking good enough stock

Upgrade PE by 1 and claim supply interuptions
Like that gloves stock also got supply interuption from Luxchem? And they also have less gloves demand from manufacturers due to covid shutdown?
Thought PE is fwd looking and resin/other chemical industry are recovering and benefitting from low raw mat cost from oil price decline

uncle coming back to O&G now..

Posted by kariwong9394 > May 15, 2020 12:43 PM | Report Abuse

15/05/2020 12:43 PM
what if uncle K, diam diam sell off like what had happened on Dayang,
all the smart investor sudah jadi anak kambing....

koon ah koon , koon ah koon
https://www.youtube.com/watch?v=ZOCqUC9a7wM


Dayang: The worst is over - Koon Yew Yin
https://klse.i3investor.com/blogs/koonyewyinblog/2020-03-18-story-h148...

Dayang Trend Reversal - Koon Yew Yin
https://klse.i3investor.com/blogs/koonyewyinblog/2020-03-31-story-h148...

its a clear message from Saudi, they want the price to be higher than US$ 30/brl

Oil price is not Turning Back!

time to whack the warrants