Technically, gap closed at 168! Beautiful! :)

http://klse.i3investor.com/blogs/kcchongnz/113511.jsp

kcchongnz 2017 i3investor contest picks. Top score is Focal Lumber ref price 1.60 :)

http://www.indexmundi.com/commodities/?commodity=plywood&months=60

Focus Lumber made a lot of money in FY2015 (January- December 2015), the plywood prices were at the bottom as shown in the charts. As ringgit depreciated over the year, the company made more money especially on the forex. In Calender year 2016, plywood prices went up till Aug 2016 but FL made less money because Ringgit strengthened against USD from beginning of the year, from around 4.4 to about 3.90-4.10 during the 1st half of 2016.. so less profits for the 1st and 2nd Q actually loss on forex in the 1st Q.... 3d Q, exchange rate at around 4.10 but 1 shipment of goods reach the US port late....LOL! The 4th Q revenue will include that late shipment and not to forget the USD shot up to 4.4-4.5 in Nov and Dec from 4.20 in Oct....

What the results of the 4Q be? Your guess should be as good as mine...:)

It's better to close the gap at 168.
Now you buy 174 highest.... next week may be others will buy from you much much higher!! LOL!! Keep fingers crossed!!

Haha! Maybe someone got inside news and bought jump start! Maybe also some others don't like the share go up and threw down 170... 169... haha! Just a wild guess ! :) Good fundamental company.... No worries! :)

This morning jump start! Now came down to close the Gap! :)

One of the stock picks of kcchongnz for 2017 i3investor contest. Ref price 1.60 Still a laggard compared to the other 4. From the past records, earnings up with the rate in USD. Forex gains. So, I expect coming results should be good.... fingers crossed :)

Jerasia profit margin is razor thin, 2-3 % gross, can it be compared with Padini? Sifu Bones, your reasonings ?

Hahaha! Good writer ! Very persuasive!ThumbsUp up! But I am risk averse. Do not suit my appetite. Would love to read article like KSL at rm1.... :)

Bullrun, sure? :)

How are the results for the Quarter ended December 2016? Maybe weak and similar to that of the previous quarter?

Bullrun, I see... I think the co need working capital and the fastest way to raise it without straining the balance sheet is to go through the rights issue. The fastest the rights are raised the better.... No worries of selling pressure as the price is so cheap at 80sen, the indicative rights issue price with FREE WARRNTS.

Bullrun, how sure are you that RI might be cancelled? Is it just your personal guess or you have other informer? :)

Trumponomy不可预测。。。而且股市已经价高市危， 要小心为妙。。。。哈哈!

Anybody knows why Aberdeen keep selling since March 2016. Already sold down from 31Millions shares to presently 23+ millions ....

可能是一头骡! 哈哈哈!

There are 3 types of fools in the market, so you speak. The first one is the new fools, the second the old fools and the last, the regular fools! Which type of fool do you belong?


Sorry, it is a joke.... please do not be offended!

Have a happy Thaipusam holiday! :)

Ride with the major shareholders whose cost per share is at least 55sen.. limited downside now.... take care of the downside and the upside will take care of itself.... " Every dog has its day"! One day and I believe it won't be too long, the company will turn around with reasonable profits... The new major shareholders knows the company TOO WELL before he took a raid and made a hostile take over! :)

But you came in here and comment means that you do have an interest in it! Many are trapped !I am interested in this type of share when no one interested as the fundamentals are solid! But the owners and major shareholders definitely are interested! By the way my cost is rock bottom! Will accumulate more.....haha!
08/02/2017 20:56

personally like the write up. It's well presented. Everything is in there. After reading, I will do my own research and make my own judgment and decision to buy or not to buy. I didn't take up any position as yet. Credit should be given to bones. I enjoyed reading and appreciate the content. Just like broker houses also produce a lot of research reports recommending buy or sell... I don't follow blindly. It is the same for klse.i3investor.com

Rubber price has gone up in the past few months. Can Karex pass the increase in cost to customers? 8% are own brand, the rest OEM and tenders.

Anyone has any idea? Tq

well presented and solid reasonings. Regret that I read this article when the price has already shot up to 1.09! Otherwise I will Kasi Sai Lang at 1.00! Haaha

Furthermore, if we look at the Cash Flow, the cash flow is positive. Last year though made only 1million plus, the cash flow is more than 6 millions due to depreciation charges....

Similarly last quarter made a loss of 200K, cash flow is positive more than 1 million....

There is no foreseeable capital expenditure required. The management just need to ramp up the sales with the additional plants capacity to turn the co to be profitable

brighterday, thank you.

The company has already been recapitalized. First did a 50% capital reduction to write off all the accumulated losses followed by a 2 for 1 rights issue at 55 sen a share after the hostile take over in 2012, followed by a private placement of 12.9mil shares at 60 Sen a share and later ESOS at 62 Sen per share, fully exercised and subscribed.

This clean slated Co now has 2 new production lines and extended floor space, debt free, with 20 years track records in the business and old customers and new vibrant management team.

The major shareholder now own 32.98% of the shares at the threshold of MGO....

I can't resist buying the shares.....


It's a real steal !

What other IT counters other than REXIT?

这是广告还是研究报告?

Revenue already increased over the period? Extra production capacity already installed ?

All the Bright Packaging Sifu here,

May I ask since 2 additional plants were installed in April 2015, the plants are now running at what capacity ? Certainly, there are still a lot of room to ramp up the production capacity and increase the revenue.

Wao! Cash is 22 Sen per share! The book value of the 2 factories in Subang Hi Tech park as last revalued in 2013 also give per share of about 14sen..... A debt free company ...NTA 74sen!

What a feast when the co starts to turn profitable!

If the management can source more sales at reasonable price with marginal profit, this is going to be a star!

Hope all the sifu here can drop a few lines.... Thanks

Profit warning from Genting HK is the reason for the aggressive selling?

Would Trump 'S trade policy of buy American first and hire American first affect this Contract Manufacturer for Nike? I hesitated to buy this counter due to this uncertainty. Any Sifu can help to clarify? Thanks.

Fibon Group Corporate Profile

http://www.fibon.com.my/

BenjamGoh and oolongteh sifu, thank you for your explanations.
The business looks very profitable indeed with very high margins. The revenue is small if compared to any other listed companies. Since listed, revenues and profits had been flat until recently with the plunge of the ringgit, it seems revenues and profits are growing in ringgit term. No much info is available on the business nature in the annual reports also... company has been very low profile indeed.....

Should the revenue increase the profits would grow substantially. How soon the new HQ and new production lines would be put up is material. There are so little info available for the public, even what they actually do are also not described in details in the annual reports...

With the acquisition of the land completed and substantial cash in the co, hopefully a bigger factory would be put up soonest.

The land acquisition seems a strategic move.

:)

The co bought the 33 acres agriculture land for 7.89mil ringgit. Does it have a clear picture of what it want to do with the said land? For investment? For future HQ and manufacturing facilities? For property development? Or a combination of the above? Any sifu here can drop a few lines? Thank you.

Dear all bro and friends here, I am new to Gading. What are Gadang'S major completed and ongoing projects ? Thanks.

This is kcchongnz counter. But if follow KYY golden rule, it is a buy all the way.... isn't it? Why only 1 day show?

Thanks hissyu2

newbird33, where did you get the forex gain of rm1.36m? From the cash flow statement, unrealized forecast gain is only rm361, 000
25/01/2017 15:59

Plywood price is on the way down.... already more than 5%.... how would this affect the bottom line?

Congrats to all the shareholders. I watch this counter only not long ago but dare not buy after reading its 5 years chart. Wao! What a run these 2 days after a 10 months consolidation!

Thanks for the videos

It's prudence to exercise cautions !

High inflation in the US will prompt the Federal Reserve raise interest rates multiple times, could be more than 3 times in 2017, and result in the plunge of the stock markets? Valuation of the S&P is very rich historically. :)

http://www.theedgemarkets.com/my/article/ho-hup-wins-contract-rm2214m-rehabilitation-works-along-sungai-besut?type=corporate

Bonescythe, should follow up on this write up? :)

Buy shares also have to listen to Feng shui master! What a joke! Hahaha!

Kenangan research TP 1.60, Affini Hwang TP 1.50

期待! :)

Bone也言之有物。读了也蠢蠢欲动。。。不过我还是不买。。。不原意承担投机风险。。。哈哈!

投资与投机，不可混为一而谈吧! 呵呵! :)

信与不信，各人都有自己的智慧分析。在股市，不是2300的问题，是有多少把握，不是每个人都有自制的能力。

Warren Buffet 说， 投资有两个原则:
Rule No 1: Don’t lose
Rule No 2: Remember Rule No 1

An investment is most intelligent when it's most business like
-- Benjamin Graham

Warren's strategy is to buy good businesses at a price that makes business sense and business sense means that the investment made will offer the investor the highest predictable annual compounding rate of return possible with the least amount of risk.

Bone 是一个非常出色的写作者。我很欣赏。不过我却更有兴趣读到有以上投资性质的文章。。

见笑了。。。谢谢。。。