Heavy rebound. Warrant will break 0.60 second half of the day.

http://www.focusmalaysia.my/Mainstream/formosa-prosonic-expands-production

- Wistron is the major shareholder of FPI and there are a number of collaboration.
- Wistron is also a supplier to Apple and being asked to shift its production out from China.

Will FPI get a fair share of the shift?

https://www.thestar.com.my/business/business-news/2019/06/19/apple-wants-suppliers-to-explore-major-shift-from-china-nikkei

Other investors come in to start accumulating slowly at 1.64 - 1.68. Will go up once enough accumulation. Will trend higher at 1.8x.

In anticipation of 6% dividend in Q1. Normally surged every year Q4, seems like no exception this year.

May need to wait for a few quarters to see the recovery. Need to factor in opportunity cost if were to enter this counter.
Heavily impacted by hike in labor cost and operating expenses. Hope to see more automation to bring down the operating cost.

Buying interest has come back. In anticipation of the high dividend payout coming in 1H next year. Usual 6% is guaranteed. This is one of the most stable consistent high dividend stocks.

Minus the bad debt/trade receivable loss of 3.3mil, the YoY result actually is better. Is the trade receivable loss recoverable? Question to the management. (Think)

Q3 always has the strongest result, this trend has continued for years d. Looking at sudden move today, expect to gather momentum up in the coming weeks.

Uptrend now, foresee will trend higher till the result is out in end nov. Good result expected. Director also accumulated some.

After finish changing hands, only the shares will go up. Still alot of ppl dont look good on this stocks and wanted to sell when there is a little of price up. Whilst on the other hand, also alot of ppl waiting to enter when price moves down.
Buying interest still intact as not really a single bad news. Will go back up to 1.40 to 1.60.

Selldown due to the cut in foreign worker to 15%. Everyone was thinking myeg can get the contract for foreign workers, but turns out to be no winner..
That said, still a good company with all existing contracts at hand. At least, also proved that the gov is not picking on myeg. Unexpected turn, no winner..

More buyers attracted by the previous days of selldown. Strong buying interest at 1.25 - 1.35. Surprising to see after the huge volume selldown, the price is still strong and stable. Didnt drop much.

Downtrend may reach its bottom soon and start going up before the market result is out. It has now reached the share price level when it reported loss in december last year. But problem is there is no loss reported now.

Government will not likely to announce discontinuation last minute. That would disrupt the medicine supply chain. Either they will announce another 10 years concession or subject Pharmaniaga to annual renewal. Latter is more likely.
Now everyone waits and sees. When contract announced, that would send Pharmaniaga to new high. The price has been supressed for long.

Generally bright prospect, but directors were reluctant to share more on the Japan JV when asked.
- any further loss by 2020? Non-performing stalls are closed down, focus on fresh food, will break even for losses made in the past by 2020.
- Soft launch of japanese product in msia this year, fully commenced next year with expectation of 4k MT, 3rd year full cap 7k MT.
- Proceeds of Ijok land sold (27.6m) is to pair down borrowing.
- Question on 175m borrowing matured in 1 year - no concern as these are revolving credits n bankers acceptance that can be rolled over.
- no intention for right issue / private placement.

- Shareholders constantly questioned on sabah culling - management admitted that huge impact - loss 400k eggs x 0.30 = 30 to 40m - normalise by end of this month. But also assured shareholders that this is just one of their farms, there are other farms - risk is spreaded.
- Question on finding sources for future prevention - not answered. Said that this is industrial risk, can only be minimised, but not eradicated.

- Trade war results in increased cost on raw materials (usd up) - set off by adjustment in feed proportion calculated by their nutritionist.
- 70 - 80% automation, but stll have 62700 foreign workers at processing n supermarket.
- Last year 1m eggs production per day. Now 2.5m eggs per day. Next year will see explosive profits.

Good dividend stock in time of uncertainties. Not much downside as this is a steady stock.
Invest already, can sleep soundly at night =)

https://www.theedgemarkets.com/article/gold-rallies-concern-saudi-attack-may-presage-wider-conflict#.XX8bWuhTfgo.facebook

Aside from oil price surge.. Gold is also one of the beneficiaries..

Gold price is all time high in the decade. The only thing hampers the share price up is the gold production.
Q3 in tawau is always the driest quarter, good for BV gold production =) check out the weather forecast!
Hope a good news to all BV shareholders in coming quarter report.

Testing resistant at 0.66. Breached the point at 0.665 just now and backed down. Now gathering momentum to breach it again. Better rise slowly. Prefer for it to go up slow and steady..

Start accumulating up again. The trend is back. Foresee may continue for a few more days if no sudden U turn from Trumph.

Better slow and steady, otheriwise there will be big correction. Management already mentioned in AGM last quarter indon business was affected by indon election, coming quarter will have good result.
If no more trade war, the prospect is more certain.

Good result for Q1. Over the years, Q1 has been the slowest amongst the quarters. Amidst of the volatalities, Krono can still deliver such a good result. Bravo.
Now thinking about when the newly acquired companies in phillipines will start contributing.. probably next quarter will start showing then..
EDM is a steady business, will not see any profit plunge or surge, even during trade war. Good for investors looking for certainty.

Stabilising agent is still around. Will not go too cheap of the price.

All directors came out and acquired shares to boost market confidence now. Should have done it yesterday and not today, after everyone came out to bad mouth them. After the selling spree, the price will then stabilise.

What is Maybank doing btw?? Arent they the stablising agent?

Gtronic does semiconductor for smartphone, whereas dufu is in data storage business. How are they related? Small investor tends to lump all stocks in technology together.. unneccesary selling panic..

Agree. Counter like this, dont act like HERO. This counter plunged a few times on negative news. Highly sensitive on news relating to PH Government.

MyCC dropped case, share price skyrocketted.
Now this ministry review will create another round of selling pressure.

Stay away from this counter until market has all reacted and taken in the news. Stay safe!

Strong accumulation, but price not moving up. Someone gathers stocks at low. Price will spike once no more ppl selling.

Coupled with the strong oil price recently. It will re-test the recent 1.17 boundary.

Correction time should be over. Strong oversold signal, with EPF accumulating for the past few days. Fundamental still intact with RM1.2b order book, gross profit margins >30% and active tender book of RM3 billion.