History repeat...MAsteel suffered forex loss RM 19 million in 30Sep15 when RM had depreciated by 16% in a single quarter.

Same fate with CSCsteel. MAsteel imports material in USD currency. That's why suffering forex loss RM 11 million.

Price shot up until @_@. Abangadik congrats.

EPS was below market expectation due to higher taxation. Awaiting contribution from its new plant to kick in next 6 months.

It seems that breaking 40 cents is in the making after announcing good QR.

He told you guys already. He come here to kill time since he is now a retired man. Making money is not the first priority so forget about learning from others la. lol

Don't play play with Flbhd. The rate of returns from FLbhd could be more than your portfolio returns by year end 2017.

Nothing to expect in upcoming QR. Waiting its new plant contribution to kick in started next few qtr.

Just in time to enjoy spillover effect of AnJoo's good earnings. Go go go

TTB is a capable investor but he was trapped by he himself for the past few years. He was being too cocky when everything was going on smoothly according to his plan. Showing no appreciating and being too arrogant. Imagine what would happen to him after making a wrong decision and the whole public know about this....denying all the way to keep his egoism la....He is not a politician. lol

Director is accumulating shares. He bought 5.4 million shares in this month alone.

It's still not too late for TTB to change his mind entirely...a very good news. Anyway, we have been waiting him to add more power to push up the share price of the counters that we bought earlier. lol

Difficult to buy more.....The company should go for bonus issue to enhance share liquidity.

QR announcement is approaching. No more people parking 1 to 2 million shares for selling. lol

Jealousy.....another obstacle for us to learn from others. You want to feed your ego or learn more practical approach for making money in stock market....to learn more, we don't even care England standard...lol

Raiders is good at playing net net margin safety.... his core competence. Normally he can make profit. Hardly see him go wrong with this approach.

Bro Charles. I will keep UMW in my watchlist. Thx

Raider. It's not easy to scout for new stars.... taxing when we become an old man.

Yeah. it's Super XXX 3 investor. lol

It's still good choices for investors who don't like to do homework in order to make money consistently in long term.

Posted by CharlesT > Feb 18, 2017 12:32 PM | Report Abuse

Sadly there is not many stocks like PBB,MBB, Genting etc...

Anyway I personally not in favour of this kind of stocks coz not challenging...no fun...lol

Charles. Congrat! You have developed a success formula in stock market too. What for to mimic someone... Haha

Raider. Fully agreed with your view. you are my respected sifu. What I have learned from you most is fearless in stock market. I still remember you had earned a lot of money during Grexit in a short time while I was hiding in the cave. what a joke!

My own view is simple. I have never dreamed of being someone... whatever superduper investor in future la. I just do my homework , acquiring more knowledge, experiences and create a system work for me to earn money consistently in the stock market. Lol

Law of attraction...what would happen to a person when he keeps practicing plp in stock market forum? lol

There is nothing wrong to learn from a former dispatch boy....be open minded. He is now different and posses practical investment skills and experience ....we are more concerned on NOW rather than the past.

I hardly see a qualified Accountant not talking facts and figures. May be this is the first time...
He has lost his way or vision by keeping plp kyy. We don't need to plp people for making money in stock market but it is necessary to plp when we are an employee or building a business...lol

Raider... How can we expect a plp person to give his fair view on a matter. When come priority....first thing is plp. That's why he lost to you straight few street....when a person don't have sufficient knowledge and practical experience or skills to make a judgement, don't pretend to be a sifu la. lol

CPteh is being too Smart....always thinking of teaching others . You can make money in the stock market just being dumb dumb so long your emotion is not manipulated by Mr. Market.

Duit. I am not good at guessing price movement in short term. I prefer to let the profit keeps running...unless the price shot up until @_@ . haha

It could be too early to pocket profit. PER has dropped to 7.7x after taking into account this quarter results. I am expecting RCECap to record another good QR 3 months later. lol

RCEcap has delivered another fantastic results. It will fly tomorrow.

U1818. You have learned an unforgettable experience. You can really feel it and accepted and learned the mistake. I did experience this experience many times after sharing my portfolio with my family members and closed friends. Wakaka.

Yistock. You are right. The amount is included in COGS cause Operating Expenses shows 35 million to 45 million in the past few quarters.

Posted by YiStock > Feb 15, 2017 11:30 AM | Report Abuse

I trace past 3 quarters report, i believe they include in the COGS. If so, then 30 Sept 2016 gross margin should touch 20%. Anyway, i also not very sure.

Posted by Up_down > Feb 15, 2017 11:22 AM | Report Abuse

Yistock. Inventory write off is normally charged to COGS if the amount small. Written off inventory RM 20 million is considered substantial so this amount included in Income Statement.

Yistock. Inventory write off is normally charged to COGS if the amount small. Written off inventory RM 20 million is considered substantial so this amount included in Income Statement.

By looking at the gross profit margin trend in the past few quarters, I believe Ssteel will remain profitable in next QR. The profit may not be as high as what has achieved for last quarter but it would certainly better than QR 31Mar16.

SSteel's gross profit margin

31 Dec 16 - 14.5%
30 Sep 16 - 15.6%
30 Jun 16 - 15.2%
31 Mar 16 - 6.1%
31 Dec 15 - -1.4%

U1818. Geng! You understand well how our brain making a decision for buy and sell psychologically

He need money to celebrate CNY. You see the ED max salary drawing RM 350k per annum including bonuses.....Where got enough to spend.....Things are so expensive nowadays. Frankly, the ED salaries are low.....underpaid. Lol

Comfort doesn't has to pay tax on the profits due to utilizing tax losses that had been accumulated in the past few years.

Its business growth / expansion remains intact for the next 6 months. I will keep it for another next 12 months.

So beautiful results...It's really out of my expectation. I thought max EPS 4 cents only...@_@

Ssteel should be able to report good profits in upcoming QR in the absence of impairment.

the management of the company had given a strong hidden warning through disposing its treasury shares before announcing QR so....

Luckily, SSteel purchase raw material in EURO currency and EURO strengthen against RM by 1.8% whereas RM weaken against USD 8.5% in last quarter.

big Angpao for chap goh mei...:D

Harbour seems undervalued at current PER below 7x. I did not expect Harbour to shot up so fast....Don't know what's the near term catalyst at this time other than upcoming GE and Borneo highway(long term)

Business growth remains intact. We can Kawan for the next 3 years.

abangadik...counters shot up wherever you are. You bring luck man. Awaiting Tomypak new plant to start kicking in. No hurry.

Well done...another resurrection. lol

Eating OFI biscuits quietly....waiting its catalyst to spark off.

Innity is going to announce good QR. shares are tightly held by existing shareholders... very easy to goreng when supporting with better QR.