don't necessarily need have more factories, just pivot towards automation.

rely less on lousy foreign labours.

give them good and stable job, good food, access to healthcare and accommodation, still want to make so much noise/complaints.

with automation, can adjust production according to demand.

I dont understand what is everybody making such a big fuss about?

When at this rate, NTA is expected to be nearing 2 by end of this financial year.

Moreover, minimal debt, heavy in cash.

Even if ASP takes a dramatic hit by 50% next financial year, P/E is still around 5-6.

How many cash-rich company with sustainable business model/profits that is valued at P/E of 5 to 6?

Finally, covid is here to stay indefinitely for another year at least. What kind of business will not be impacted negatively, more so flourish under these conditions?

Semiconductors? Comfort which has a quarterly profit of 27 times of genetec is valued at 200 mil less than genetec.

The truth will prevail, the more it sinks, the happier i am as it allows me the opportunity to amass further. In the end, fundamentals are what it takes. These cartels can continue to write negatively about gloves, and try to boost other far-fetched semiconductor companies, but when MCO is often imposed production and profits for these companies will still suffer.

These migrant workers dont even pay income tax.
Cry what shit?

Migrant workers paid minimum wage MYR 1200 to MYR 1400. Din tai fung 1 michelin star restaurant only paying waiter/waitresses MYR 2000. Havent even include transportating, lodging, medical and meals ok.

Talk what rubbish. Migrant workers ill-treated? crying foul? bad living conditions? Go back to your own country and see. Willing to pay your transportating fees back to your country, see willing to go anot?

U.S jealous la. See Malaysian company doing so well.
When others are doing well, ban them, impose sanctions on them.

When U.S do well, its because they are a nation that achieves greatness.

Dont just talk. Ban Malaysian Gloves. Dont need use gloves. Live in your own world.

who says property will increase in value indefinitely? especially if its low cost housing.

When manufacturers not just in gloves, realised how these hypocrites exploit on the thankless migrants, all will move into automation. Who is going to buy or live in these low cost properties?

Automation can still be accounted for expenses and depreciation, helps saves on tax as well.

For labourers, pay their wages, pay their lodging, pay their food, may their medical bills, pay their permits, then still get complained need to solve so many "allegations of exploitation".

Just save the headache and go full-auto. Send these migrants back to their home country where living conditions are much better and since they want so much privacy.

wanna talk about exploitation? look at this link below.

Goodyear even refuse to comment or put any remedial actions.

https://www.youtube.com/watch?v=-fusUxEPwsw

go into automation. send these thankless migrants back. sell gloves to global except U.S, U.K and Aus.

If they want it, pay triple price. Why? coz need extra profits to provide luxurious dorm for migrant workers.

next phase, go into automation or ask these labourers to get their own food and lodging.

complain so much right?

then stop selling to the U.S
cant even contain its own virus situation and its citizens, wanna talk about others.

boycott u.s products.

here we are working hard trying to protect the world, but kindness taken as a sign of weakness.

buy more. dont try to convince others.

Contaminated water that will reportedly be released into the sea from the wrecked Fukushima Daiichi nuclear power plant contains a radioactive substance that has the potential to damage human DNA, a Greenpeace investigation has said.

https://www.theguardian.com/world/2020/oct/23/fukushima-reactor-water-could-damage-human-dna-if-released-says-greenpeace

Jeffrey,
what is so relaxing about this counter? It has been a 1 way-holland counter, to trade from 4.30 high in Jun 2014 to 0.71 currently?

Continue to live in denial and relax please.

"fresh" seafood produce from japan delivered to your home and your family.

https://www.theedgemarkets.com/article/japan-release-fukushima-contaminated-water-sea-reports

holland

did anybody say anything about lockdown? no lock-down means you will go out jalan sini jalan sana?

LOL

no lockdown doesn't mean ppl wont stay home. just look at the traffic these days. weekdend u still wanna go shopping malls?

2nd wave coming to Malaysia. Everybody stay home. nobody wants to head to shopping malls.

https://www.reuters.com/article/us-bridgestone-france-le-maire/frances-le-maire-to-fight-appalling-bridgestone-plant-closure-idUSKBN2680SB

IF they want to exit, they will just exit. They wont give a flying f*** about you. Because you are not japanese.

when foreigners and panic sellers sell, i buy.

when they realised how consistent the profits are, and how consistent the virus is spreading globally, they will be too late. Coz this stock ain't waiting for those idiots who sold earlier.

have yet to look at their financial reports. but suspect it has to do with the realisation of bonds from their books.

If so, then they will most likely record lower interest income and capital gains moving forward. Because bonds bought with higher coupons previously been sold off.

always finding ways to cover lubang.

another OPR cut coming soon. =)

Rain. Dont talk. Just buy. Buy more. Buy if you are soooo convinced that it will not go bankrupt.

if you dont be a player, there wont be a banker. ;)

cut dividind to conserve their cash to pay their management lor.

don't see them cut management's pay also. Net profit margin eroded over the years by higher pay to senior management including head of departments.

Japanese management with fat salary/expenses.

No idea why u say Aeon is better than Giant or Tesco. Have u seen the crowd at Giant and Tesco? LOL. What about village grocer, jaya grocer...

Fact is this business margin very thin. But aeon cant compete because they tend to lean towards Japanese suppliers and Japanese management with fat margin.

Need to pay for their driver, their expenses, their entertainment expenses, and their rent. They don't stay some middle class flats ok. Go look at KL Hampshire/Panorama and bangsar/ sri hartamas. Their rent are minimum 5k and above. Not to mention have to pay for their kid's international school fees. Insurance, medical expenses etc...

where do u see doji star? weekly chart?

If weekly, its a bullish doji star.

if daily, check out the momentum oscillators. Its moving recovering from oversold zone.

sorry to hear that. It really depends on your trading/investment strategy.

Personally, i can take huge swings.

nah, i will observe first. May average down, but not immediately unless the move is huge enough. Like i said, by the time ancom announced their intention, connect would have had a very clear understanding that they are out of the picture.

Problem is, why are they still subscribing to RCPS and enlarging the NOSH?

yet, price had rebound and held steady. Even if negotiation is off the table, i am sure they would have known earlier.

So why keep exercising RCSP? why prices still holding well? My take is, now everybody knows this counter is up for RTO offers. During tough times like this, plenty would like to RTO. To take their business public/raise funds.

Do bear in mind, during tough times like this, bank lending much tighter. To access/raise funds in capital markets much easier during bull runs like now.

why all so silent?

didnt cry mother, cry father saying it will fly?

Lowest profit in the past 10 years.

Worse profit announcement yet to come. Nobody wants to buy their loss making investment bank outfit.

https://www.theedgemarkets.com/article/newsbreak-four-parties-said-be-eyeing-alliance-investment-bank

Not is the investment outfit just loss making, but contributed unnecessary losses further.

https://www.theedgemarkets.com/article/alliance-bank-earnings-squeezed-london-biscuits

Interestingly, in a press statement dated the same day, Alliance Bank also revealed that it had made a full provision and impairment amounting to RM74.9 million for the few large accounts. The bank further said it has since initiated recovery actions on the affected accounts.

This leads to the question of which borrowers dragged down Alliance Bank’s bottom line in 1QFY2020.

One name that has come up is London Biscuits Bhd, a homegrown cake and snack food producer that has been thrust into the limelight for the wrong reasons lately.

Recall that London Biscuits had in June 2016 announced the establishment of its unrated medium term notes (MTN) programme of RM100 million.

The appointed principal adviser for this programme is none other than Alliance Investment Bank Bhd, the investment banking arm of locally listed Alliance Bank.


HAHAHAHA!

Senior management and mid level management milking shareholders nicely!

Good123,

why keep spamming? why so panicky? hard sell trying to convince others? if you are so confident, you should just shut up and hoping for fire sale, while you collect happily. Why shouting mother father trying to convince others?

Panicking? LOL!

i will support all local supermarkets. Not Japanese. Buy Local! Buy Malaysian!

KKmart, speed mart, hero, mydin!

Buy Malaysian. Support Malaysian.

I rather go Hero or Speed99 or Pasar to buy.

Trader Patel. Don't talk. Just buy. Please load up

In age of digital technology, banks would see their net profit margin increase. Some how it has been receding for the past 10 years? no dividend? keep dividend pay management.

buy more please

pre-MCO also severely affected. Reporting quarter for MCO period no eye see. No wonder took so long to announce.

Suddenly very silent. All keeping quiet

Japs gonna park loss making entity, so that rakyat who invest in subpar Aeon co can help absorb/subsidize their loss making aeon Big.

This is just first quarter, April and May surely affected badly. Thereafter, absorb aeon Big to drag the losses even further.

Support Beautiful Japan!

https://www.newstatesman.com/world/asia/2019/05/shinzo-abe-and-rise-japanese-nationalism

if it's a good profit quarter, would you delay the announcement?

bear trap

wait lot. meanwhile dumb dumb hold0 Icon8888, didn't dumb dumb average down. now disappeared and crying in his corner.

aeon will support japan more than malaysia. Anything they will help their own people first. not you. who are you. you are not Japanese. to them in this world, there is only Japanese and non Japanese. simple.

this victor spaming for no bloody reason, trying very hard to lie to himself.

already quarterly result came out net profit so miserable.

i seriously dont know how u all simply call out resistance and what not. please don't simply talk when u know nuts about technical anaylysis.

march 11 high brent crude oil futures was at 38.15. Current brent futures already broke that.

still dont dare declare results. WAKAKAKAKAKA

told u all. Brent now break above double bottom resistance level at around 38.50. Now will only rush up towards USD 49 ppb. Last call to get aboard the hibi gravy train!

victor_yong,

work for a japanese. or ask those who have worked for them. Then u will realise, why is it their cost will always be higher than competitors.

its not because they have better products for your info.

https://hype.my/2020/188630/aeon-mall-1-week-closure/

Need brent to break above USD 37, in order for it to sky rocket.