Mrcb. Epf’s baby.

Dear Mr Thoo. In regards to your other commitments, Bird nest and what not, please do not forget your fiduciary duties as Notion chairman to your public shareholders.

TopGlove unable to rise due to market makers pressing the price down.

Management everyday ESOS option
What have they done to deserve it?
Can be transparent and clarify Mr Thoo?

Those complaining about Topglove weak share price are speculators / traders. Be an investor not speculator.

2.4b no joke!
Malaysia’s top performing company

Lionind has a huge cash pile than most
Sufficient to weather the covid storm

Just like the gloves mania.
Only a matter of time before everyone starts jumping on the vaccine bandwagon.

Optimism for Dsai to be PM still there.
He was from the original coalition that won GE 14 before present Government took over.

Anwar is given a chance to face the Agung On Tuesday
If he has the proven numbers he has the right to ascend as PM or call a vote of no confidence in Parliament.
In which case Muhyiddin will most likely dissolve Parliament.

Prlexus has the product knowledge and supply chain
To back its product as well as good ties with the Us.
It is not just a story but a story backed w earnings.
Kyy only promote stocks with his own personal agenda.
Sorry to say.

This Covid situation is getting out of hand.
A medical professional told me that for every case reported, there are at least 5x more unreported cases as not everyone has undergone swab testing.

Not just France, Iran, Israel, Spain.
An NFL game in US was postponed as nine players were affected, meanwhile Czech announced 30 days state of emergency as the virus spreads.

Mr market has a very endearing characteristic.
On days he feels euphoric, he will offer a high price for his business.
And on days he feels panicky, he will offer a low price.
You are not obliged to take up mr markets offer,
But you would be wise to consider it.

Jcy has upcoming production of 16 and 18 terrabyte hdd.
Covid has driven demand and needs for more digital storage.

Technology adoption does not go away,
It is merely a question of when and not if,
Just like Ewallet adoption as an example.
Every society innovates and progress,
And any company that chooses not to innovate no matter the industry will get left behind.

The full effect of Covid is being felt now
As ppl realize loans have to be paid back

A well known Malay businessman according to my sources.

Never underestimate Tony’s resilience
He is the last person on earth to give up without a fight

Scomnet’s business was unaffected during MCO as it was categorized under essential services. The fact that they announce a special dividend shows that they value their shareholders.

Private placement is
perfectly normal. In this case it is used for expansion purposes to increase production capacity from 4.1b to 6.5b pieces per year via 11 production lines & a packing machine.
Look at insider moves, are they accumulating or disposing?

@Level1Investor
Sounds good in theory.
But having to rely on a court case outcome,
To decide the company’s future.
No different than rolling a dice.
Im not saying you’re wrong, just don’t get your hopes way up. Anything can happen.

@Squirtle
Remisiers are not completely wrong.
Major shareholder will consider taking private if they feel the market is undervaluing their company.
When times are better,
Their company will be worth much more.
That is the simple rationale behind it.

Slump in demand for Fossil fuel is temporary.
Think long-term.

Pos Malaysia is in a healthy industry
With stable free cash flows and steady dividends
Based on DCF calculation, applying a 13% cost of equity discount rate
Intrinsic value should be about 1.80.

Dear Mr Thoo,
Thank you for your sharing on the company's future direction.
As investors big or small, we rely on information to make decisions.
Very appreciative also for your efforts to venture into PPE and wish you nothing but success.

Please note Supercomnet's factory operations are running as normal.

STB production activities remain undisrupted despite the Covid-19 pandemic, and affirmed its ability to meet the sudden increase in product orders.

STB has received the approval from the Ministry of International Trade and Industry (MITI) to allow the group's subsidiaries, Supercomal Medical Products Sdn Bhd (SMP) and Supercomal Technologies Sdn Bhd (SCTB) to operate during the Movement Control Order (MCO) from March 18 to April 14.

The plants are operating at maximum level for critical devices used for Covid-19 treatment. We are confident of fulfilling our existing customer orders for the year. I would also like to thank the government's support and our hardworking staff for all their efforts during this time," said the company spokesperson.

For its financial year (FY) ended Dec 31, 2019, STB recorded a 54.61 per cent jump in net profit to RM18.82 million on the back of a 39.28 per cent increase in revenue to RM122.97 million.

The Group currently has a dividend yield of 3 per cent based on the 1.5 sen it distributed last year.

From what I have heard from a few analysts
They seem to opine positively

High demand for its products
Will glove manufacturers outperform in the coming reporting period?

Myeg's endeavours should be appreciated, not condemned

Somewhat agree with Westeros,
As shareholders we should not be punishing the company just for paying out dividends
In fact we should be encouraging such behaviour so that more companies participate in formulating generous dividend payout policies.

The Group IPP investment in India of which its hold 26% via Associate Company RKM had been adjusted to NIL despite achieving Commercial Operation Date (COD). With NIL value for the investment they will not be any impact to financial result from the IPP project.
The positive news was that the group had enter into Pilot Agreement with PTC India Ltd for supply of 550 MW power for its unit II

"With the result announcement season to to kick in for Quarter 4, 2019 and turnaround of the Group result in Last Quarter 3, 2019 of RM 1.7 mil from losses of RM (48.7) mil in Quarter 3, 2018 or losses in Quarter 2, 2019 of RM(30.8) mil. This is a significant turnaround for the Group.
Furthermore, the Group book order stood at RM1.4 bil with recent awarded contract from Turnpike Synergy Sdn Bhd. Rm31.9 mil has sent a good foundation forward for the Group"

Thank you for this analysis @Winefficietly

Sealink management seems optimistic on its prospects:

With the Government lending stronger support to the maritime industry with the recent launch of the Malaysia Shipping Master plan, the country is set to become a self-sufficient and internationally competitive nation that can benefit us along the maritime industry supply chain. The local oil and gas sector will get more push from the government this year amid rising exploration and production.

Revenue increased 101% compared to previous quarter.
Management optimistic about prospects.
Trading at 0.34x Book Value.
Smooth sailing or rough seas ahead?

Notion is currently undervalued imo.
Its intrinsic value should be closer to 1.30.

Many cornerstone investors and funds were caught in this counter
Potential for window dressing for year-end

After years of following numerous gurus
My advice is be patient
No business can be turned around overnight
Sit tight and enjoy the ride

New owners can unlock its value closer to its 1.38 BV

Its about the time the major shareholders unlock its value
since they already control majority of the undervalued assets

Trust me when I say that there are so many who do not understanding basic accounting concepts such as amortization, capitalization. Notwithstanding the RM14m interest expense recognized this quarter it would have been a decent quarter.

Great article as always.
Keep up the great work Kc.

The reason Mokhzani pulled out of Opcom is not because it lacks potential
But because he knows that any projects won on merit will be discredited by political opposition

A lot of it's Warrant B going to waste soon if nothing is done about it's share price

Plenty of stories of fund managers receiving kickbacks from owners for paying a premium for PP
Which is not surprising at all.
Enforcement on this issue in this country is lackadaisical to say the least.

Bandar Malaysia is a crucial piece of jigsaw for China's Belt n Road initiative and for Malaysia's vision for improved connectivity. It was never in doubt that this mega-project would be revived.

Obviously the two resigned directors know that what the company is doing is against the best interest of its major shareholder.
BoDs have a implicit fiduciary duty to shareholders and not for their own personal agenda.

Keep up the good work Kcchongnz.
I am also a big advocate on the concept of margin of safety.

According to calculations, average long-term intrinsic value is in the 1.50 range.

DTWL has a good eye for undervalued assets
Unfortunately this CEO is trying to kick out its major shareholder by defaulting on its loan interest

Gadang's intrinsic value as a company should be worth roughly 91c