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2018-09-25 18:39 | Report Abuse
That's not ur fault Mike. I share the same opinion. I bought a 1million shares too. But, C37. A kamikaze move.
Because of Kraken acceptances due last year. Current liability will convert into long term debt reducing gearing and full charter rate. It could hv happened any point early this year and market will rerate the price. Some part of me hesitate as why has it not announced yet quarter after quarter hence C37 it is. Hahahaha.
Now, that Kraken is behind us. It's time to take large position in mother share since the uncertainties and risk is over. Who cares what market thinks about the future. As money pours in, they will follow.
The EPS -8 from last QR has pretty lasting effect. It won't pop up in most radar. At least not for next 3 Quarters.
2018-09-25 18:20 | Report Abuse
They will singing when annualised earnings around EPS 20. Then, they will explain how Hibiscus is below PE10 and meets their golden rule. And when the market trades at PE 15, they will off load to the market.
They will brag about their 300% return portfolio after offloading.
2018-09-25 18:15 | Report Abuse
If KYY isn't writing anything about this counter, very likely he is also collecting. They will only appear after they gain 50-80%
2018-09-25 17:20 | Report Abuse
To deter selldown, queue below RM0.67 all the way down to RM0.60...Operators don't usually pull a sell down move to get 5% discount....Minimum 10%...
But if they see a bunch of queue isn't theirs, they won't pull the sell down move.
I have meeting this morning...So, I didn't queue just in case I don't have time to withdraw.
2018-09-25 17:15 | Report Abuse
What's the point to "pretend" you make money le? massage your bruised ego will only put you deeper in your own self-delusion. A delusion that you are "successful" investor/trader would serve you ill.
As much as I dislike that old fella, what he says is true. Loss aversion. Pain of losing is greater than the joy of winning. Instead of facing it, people lie about it.
I mean, if you can't be brutally honest about yourself to yourself, you can't go very far in your life.
2018-09-25 15:43 | Report Abuse
Cilaka...looks like gonna be 50 lots per day sell down to 65sen if this continue...
Pang72, feels like 0.005 profit is better than nothing. Lol
2018-09-25 11:50 | Report Abuse
Recommend u Armada Panda.
Strong revenue. Decent management.
But market don’t like the operator there.
Can hold long term.
2018-09-25 09:36 | Report Abuse
Bijak! Queue, Jgn tak queue...
Kita sama2 goreng sampai RM1. Jumpa di sana!
2018-09-25 09:27 | Report Abuse
This morning open 0.7 didn’t sapu?
U Ini...banyak susah la...wait 0.8 only sapu?
2018-09-25 09:13 | Report Abuse
But looking at sell volume, I think everyone wants to sell at RM1. Lol!
2018-09-25 00:48 | Report Abuse
Mike is correct...but armada is associated with sapura with rumours like RI...
2018-09-25 00:08 | Report Abuse
U forgot to compare their NTA issit?
If confident Rm 1 in a month...sapu nia whatever price tmr. Atleast wait till it’s RM1
2018-09-24 19:45 | Report Abuse
I mean I bought 6 months ago...u didn’t join the wait also. Now wanna complain miss the boat. U expect ppl wait for u or what?
Now, 0.7 to RM1 need time also, u wanna join the wait or not? Don’t want then can join when RM1 to RM1.4
2018-09-24 19:11 | Report Abuse
Make ur own judgement call...if upside rewards is worth he risk...then decide ur investment period...if lose money can wait next quarter.
I waited 6 months for this small 17.5% up. If u here for a week...then good luck la...I dunno if it’s up or down tmr. But next QR will be good again. Those can’t wait can sell first, come back again 6 weeks before QR up for another 10%. But in between, how many % up liao i dunno...
2018-09-24 17:08 | Report Abuse
Don’t simply sell or u will regret.
Again, Jgn tak queue...queue below 0.68 to deter selldown and call it profit taking...
Do profit taking at RM1.1.
2018-09-24 14:23 | Report Abuse
No volume...if no volume... very susceptible to manipulation...
Better queue all the way down low. Objective is to deter manipulation.
2018-09-24 11:03 | Report Abuse
Well, analyses on Technical and manipulation might be inaccurate. At least, my analyses on fundamental is accurate.
Unlike somebody that says “there is a selldown before QR. Insider must knows about its a bad quarter and sellsdown”. How ignorant. Sounds more like malicious attempt to collect more.
Just saying.
2018-09-24 10:51 | Report Abuse
Mar good for everyone lo. I mean if it drop ppl ready for what to do mar.
But I’m gonna keep my queue there below 0.58 la...just saying...and no harm done except deterring some manipulation...put a bunch on buy queue all the way down to 0.5 and reduce at 8.55am...
This will discourage manipulation by creating panic sell and encourage buy instead.
2018-09-24 01:51 | Report Abuse
And and...like I hv highlighted from last QR report that revenue from North Asia was 14.5 mil. Revenue from North Asia has increased to 22mil. That’s good 7.5 mil in a quarter ya. I wonder how big is this “North Asia” market.
2018-09-24 00:52 | Report Abuse
And if it delays zabazaba final acceptance; Then, it’s time to sell and wait at the corner for another selldown before buying in. Lol!
2018-09-24 00:35 | Report Abuse
Dear Mr. Koon, now the quarter report is out. Mind sharing yours thoughts what prompted you to continue hold it or even add more to average up.
If fundamentals has not changed; why EPS dropped? Are those losses one off or has potential of recurring every quarter? Any opinion on its gearing and new purchase of Megasteel asset? What would be the threat near term and long term?
2018-09-23 21:37 | Report Abuse
Conservative estimate of for FY18 profit is 8 mil.
2018-09-23 19:51 | Report Abuse
I know Bro...in 2016, got a record profit too back then. It closed at 0.76 on QR. The next morning, I tried my luck by queueing at 0.72. Guess what? It opened at 0.68, before closing at 0.66 or 0.64. I think within the same quarter it shot above RM1. I sold at 1.1 before peaking at RM1.4.
I just saying. Try queue at 0.58 and below. Who knows u might get lucky to do last min shopping. I’m not in a hurry to see Vis above RM1.
Why are you deterring people from queuing low? I’m not asking people to sell low? Why? I’m spoiling ur plan ar?
Queue. Jangan tak queue. If u can’t collect low, at least, u can spoil operators plan to manipulate the price.
2018-09-23 13:57 | Report Abuse
So, queue below 0.58. Collect together with them. And hopefully, they will push for us. Sooner or later.
2018-09-23 09:33 | Report Abuse
Vitrox has great godfather. Not so sure about VIS. But VIS is growing healthily.
But once VIS investment show clear revenue visibility, price will double
2018-09-23 00:55 | Report Abuse
Here's my study on vis last quarter performance. Data collect from bursa market place
https://drive.google.com/open?id=1SGc1J1ArxxjMSdaPkisaYzIEN_uj5ZhQ
if my calculation is correct, VIS converted about 4.45 million worth of inventories to generate revenue of 13.34 million(Revenue - Converted Trade Receivables + Changes in Trade Receivables). And this quarter, they converted another 6.14 million worth of inventories. 40% increased in inventories conversion translating to about 18 million worth of revenue generation.
You put 20% margin, then profit should be about 3.6mil next quarter. But if they don't collect cash but credit term, then the number will run by abit depending on changes in trade receivable next quarter.
But they do go holiday from Nov till Jan. Soooooooo....it's up to you guys.
2018-09-22 18:33 | Report Abuse
Let's see what's the market reaction la. I'm not punting. I'm just sharing what is, what is not.
If it goes down, all it gets is more attractive to me. I haven't study the report thoroughly. I might add even if it's up.
2018-09-22 15:49 | Report Abuse
I will be if the market is that gullible...
That’s what happens when no volume...
1000 share also can move the price...
Queue all the way down to 0.5. If he is stupid enough to sell, u will be smart enough to buy. Don’t be afraid.
2018-09-22 08:11 | Report Abuse
Historically, that’s how the “operators” of this counter works.
I hope the volume on Monday is big. If he buying pressure on Monday is big. Then, his last min shopping won’t work. He feels like a small fish pretending to be big FM. That’s based on the queue pattern.
It only works when it’s small. Now, those who are here know it’s good QR. Create a buy pressure. Everyone chip in 5 lots all the way down to 0.5. Then it won’t go reverse gear.
2018-09-22 01:48 | Report Abuse
Interesting enough to buy in 100lots?
2018-09-22 00:00 | Report Abuse
But it will go reverse gear. I suggest u guys to park 0.59 till 0.5. Just incase, some ppl try to create panic sell. Can do last min shopping.
2018-09-21 23:55 | Report Abuse
U guys do realize that tecfast is making 3 times less than vis right?
It went reverse gear because it’s hype up before QR out. So, when QR not as good as its expected. Then, reverse gear lo.
Vis profits about 600k - 1mil more than I expect. Good.
2018-09-21 19:51 | Report Abuse
10 cent out of thin air....Well, pretty clear what will happen on monday.
2018-09-21 18:23 | Report Abuse
I will keep as long the prospect is there.
I mean...if the prospect to continue to make money is there and the market isn’t trading too far into its future earnings; I will keep.
But PE 40, Gtronics, Vitrox, Mi or Penta, I will sell. Their best case is price will either up abit or hold. Upside limited. Downside is huge to buy in. Then can sell dy.
2018-09-21 17:54 | Report Abuse
DearFion, I can’t predict market reaction.
I think less than 1% understood what those Numbers mean. I did say long ago that inventories conversion was at its peak, and trade receivables and revenue should follow soon.
You have better chance with women than predicting Mr. Market. Let’s hope people will use this weekend wisely and study the report.
Do u guys ever wondered who was the people that did the private placement? Just saying.
2018-09-21 17:33 | Report Abuse
Don’t simply make assumption people knows anything. Do ur research and invest based on facts.
This kinda revenue visibility, time to trade at PE 20 above liao la...
2018-09-21 16:37 | Report Abuse
Pushhhhh....next week 1.10
2018-09-21 00:51 | Report Abuse
That can happen to any counters. Why vis?
2018-09-20 18:24 | Report Abuse
This one dunno...
Like armada, didn’t expect impairment to be so huge from delay despite reporting strong revenue from QoQ. Now, armada really don’t hv anymore downside risk other than continue making money and service it’s huge debts.
So, the risk here from inventories conversion is either they sold a lot machine or they write off a lot inventories.
What u think? Base on no huge selling pressure upon ESOS, my take is the employees think it’s worth to hold.
2018-09-20 18:08 | Report Abuse
50% return in two years is more than decent.
That’s not something many people can consistently do.
2018-09-20 18:06 | Report Abuse
Imagine if U hv borrow and invest when it was above 75sen...
I think it just got more attractive at this price...
2018-09-20 17:03 | Report Abuse
Waiting QR report, trying to get attention to either shoot it through the roof or selldown to collect low.
It will pop up on market's chart if set volume trigger.
2018-09-20 16:59 | Report Abuse
1 more min...push and close 1.10
2018-09-20 16:48 | Report Abuse
aiyaaaaa....Getting credit facilities to sailang here...Knn it went up before it's approved...
now feel like cancelling dy.
2018-09-20 16:17 | Report Abuse
if today is monday...then roof is the limit.
But today is Thursday, u know what happens to chicken shit with speed bump like Sat and Sun.
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
2018-09-26 01:18 | Report Abuse
Pang72, but u never wait...u sell for 0.3% gain... well, u may argue that u can make 300% by getting 1000 times right. It’s just I think it’s easier to get one time right.
Just saying.