I am joining too.

Is It Icap's TTB tp 2.5?

Among the companies in plastic packaging industry, it seems that Tguan, the only one, posted an increased in profit for 3rd Qtr 16 against 3rd Qtr 15.

It's still acceptable if the losses were due to impairment of assets without involving cash. Now, Getting more cash are evaporated as Payable increased by 85 million and Piggy bank dropped 43 million.

You can hardly guess how big the hole in construction segment. Peanut turnover but incurred huge losses. Not sure if there is any guarantee, warranties or contingency and obsolete assets have not been recognised in the book.

Earnings surged almost 30%. wakaka

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5269365

Don't under estimate contributions from Kian Joo unless RM strengthen back to 3.8.

Posted by Jon Choivo > Nov 24, 2016 12:14 PM | Report Abuse

To beat last year, they need to make 20m in Q4 which is more than 50% increase on last year Q4. Up to you to decide if they can make it.

Price is heading 1.6 after broken resistance at 2.0 due to weakness in earnings.

Longkang dah tersangkut....kena flush kuat sikit.

Nobody want to dump below 70 cents even though QR not good....interesting!

Don't be surprised when kyy get out shouting..." 规矩是死的，人是活的. sometimes, you must use common sense"

CanOne is one of kyy's top pick started early 2016. By looking at the past earnings records heading south for the last 2 consecutive quarters, is it kyy golden rules still applicable in this case? Or this is an exceptional case due to
1. potential of CanOne dispose of its F & B to KWAP at premium price.
2. current earnings just a temporary setback as a result of higher raw material costs
3. potential export play as RM keeps depreciating against USD
4. potential higher contribution from the associate, KianJoo

EPS
30 Sep 16 - 12.3 cents
30 Jun 16 - 14.05 cents
31 Mar 16 - 5.7 cents
31 DEc 15 - 7.25 cents
30 Sep 15 - 14.28 cents
30 Jun 15 - 14.77 cents

Johortin got a lot of cheap cheap Inventory kept in previous months especially Milk powder and sugar.

Inventory level
Johortin - 80 million ( Turnover RM 116 million )
CanOne - 111 million ( Turnover RM 214 million )

Mango. MMSv is going to announce QR soon....place some bet here la.

Many counters are goreng by big boys to make money....No exception to ....Gkent, Johotin, KESM, Superln....it's just profitable companies are more easier to goreng.

It doesn't matter even the project starting construction 6 months later. Can't sleep well if the project is hanging there without any news or the government set it aside. Gunung's concession contract is a good example.

This time is different lor....project is confirmed to kick off soon...first tp 2.5

Up 7%....Quiet good. Su sup sui to achieve TP 0.3 when they announce another fantastic QR in Feb 17.

Don't simply bombard la.... your KESM and Superln unaudited figures ...profits are also water....wakaka

I have learned something new in this timber business...wakaka

Are you sure or not? So risky in timber business???


Posted by stockraider > Nov 22, 2016 11:31 PM | Report Abuse

I think the plywood price u get is like our current hotel Tariff rates loh.....!!

No jokers will pay such a high Hotel Tariff rates loh....!!

Therefore cannot pakai loh...!!

If you want to argue like that...i also can said those audited figures can be fabricated .....external auditors no use one la... you see what had happened to Xingquan, Cap ...those red chips...profits are marvelous.

BP Plastic profit cut is within expectation. Why? In the absent of huge forex gain, It is simply not possible for BP Plastic to make higher profit for qtr 31 Sep 16 as RM depreciated by ONLY 3.6%).

QTR
31 Sep 15 - PBT RM 8 million ( due to Forex gain RM 2.2 million as RM depreciated by 16.4% )

Posted by stockraider > Nov 22, 2016 11:00 PM | Report Abuse

Sell B4 too late loh...!!
Bplastic profit down alot mah....!!

Please talk base on facts and figures la...Why??

Tguan is expected to generate higher profit in upcoming QR in the absent of forex LOSSES RM 3.2 million reported for 3rd Qtr 2015 due to high borrowing in USD denomination. USD borrowing was slashed by half to RM 24 million as reported in 2nd Qtr 2016.

Qtr
31 Sep 16 - Forex gain ??? ( RM depreciated 3.6% )
31 Jun 16 - Forex gain RM 2.1 (RM depreciated 2.9%)
31 Mar 16 - Forex loss RM 3 million ( RM strengthen 9.8 %)

What's the logic of ONLY Malaysia produced plywood prices crash????

Raider...I did not know plywood prices crash recently.


Posted by stockraider > Nov 22, 2016 11:04 PM | Report Abuse

Up down...when price crash people always dump mah....!!

Just look at steel business for example few QTR back....when mkt crash...look at their inventory of Ann Joo....CSC.....Choobee...Hiaptek...SSteel..see how they cut their inventory loh...!!

Raider. Logically, If the plywood prices have crashed, (by right) Inventory level should higher cause High production Low sales . How come Turnover dropped and Inventory cut to the lowest level?


Posted by stockraider > Nov 22, 2016 10:52 PM | Report Abuse

Up Down,

I suspect the plywood price is not doing well...and not per our extraction mah....!! Our figure maybe wrong loh...!!

Example FLB says plywood price no go good....but our figure still says good loh.....!!

So it may not be production figure but the price loh...!!

Raider... I based on the fact to talk one...I suspect WTK is hiding some good things. How the figures can be roughly tally by looking at the figures below.

Timber segment
3rd QTr - 31 Sep 16 - log 171,070 m3 ( profit RM 4.8 million )
2nd Qtr - 31 Jun 16 - log 120,820 m3 ( profit RM 2.2 million )

1st Qtr - 31 Mar 2015 - log 85,500 m3 (profit RM 4.7 million)

My question: Is it plywood prices crash or they have reported wrong log production figures?



Posted by stockraider > Nov 22, 2016 10:32 PM | Report Abuse

Raider just answer on palmoil side mah.....!!

For Timber side all is not doing well...like TAAAN timber section....Hevea...Wtk...FLB this confirm ....no good loh....!!
What to hide leh ??

I am talking about Timber segment only. hiding something ie profit??? wakakaka

Posted by stockraider > Nov 22, 2016 10:24 PM | Report Abuse

For palmoil raider can answer....loh....!!
Last time revenue low....but planting cost capitalise bcos not mature mah...!!
Now mature already revenue high....but planting cost which is substantial now charge out as expense loh...!!

Not so possible unless plywood prices crash or they have reported wrong log production figures.

Posted by tksw > Nov 22, 2016 10:22 PM | Report Abuse

plywood drag down the profit la, Up-down sifu.

Is it they have reported wrong the monthly log production? @_@

Turnover dropped from RM 180 million to RM 159 million for 3rd Qtr 16. Highest Log production in 3rd Qtr 16 but lowest Inventory over the last century...Something not tally...

WTK achieved the highest log production of 171,000 m3 in 3rd Qtr 16 but reported a negligible profit RM 4.8 million in Timber division or RM 18.3 million reduction comparing with last year. More ever, Inventory stands at lowest level in the last 10 years..WEIRD! Something not so right..Is it timber prices crash in last quarter?

If I were so confident in Flbhd, I would have just keep quiet to let weak holders shaken out by big boys and collect tickets slowly at much cheaper price.

kyy lansi is his problem.... cause he got plenty of money to lansi...we ikan bilis cannot lansi with our money la...We need to survive mah...

Posted by steveooikp > Nov 22, 2016 05:01 PM | Report Abuse

kyy is a rich man....
we are only small fish....
he is the founder of ijm and gamuda....
you go and see those staff in ijm... damn proud and lan si.

We are not looking kyy alone...He can trigger the selling pressure.....Don't forget about his followers and....you know la

You see how kyy is making so much money.....he has been applying the golden rules strictly. Of course, there is an exception...XingQuan.....history liao.

Be careful! .... to those ikan bilis who are defying kyy golden rules...Not to allow our egoism to over-write the rules...Stay alert lor.

I believe Tguan would hit tp 2.0......









...err after having a bonus issues 3 for 1.

Don't worry ....TA wise..Not many momentum players want to join to bet for rebound. Few more days to go before hitting the bottom.

I would be 100% confident in Flbhd if I had 50 million on my hands to manipulate the share price up and down....the god of Flbhd...haha

Next QR is a challenging task to break record EPS of last year. Good buy at 1.3.

If there are so many skillful traders like hng33, operators would have tapao for long long time. No way for them to cari makan.

The operators are first push down the share price more than 10% to attract shorter term traders to get involved before having another round of selling pressure in another few days. This tactic is nothing new but it's an effective way to trap people who want to strike for short term gains.

Chonghai. You have quoted a good example. The price of Triplc won't be lower than NTA 2.62 anymore once the project started.

Posted by chonghai > Nov 22, 2016 11:16 AM | Report Abuse

@Up_down Make sense.
Probably Rozali wants the everything to be in place for the Triplc Medical before selling to Puncak to fetch a higher price. The issuance of Sukuk from Triplc Medical may be one of the few outstanding items to be closed. If there is anything left open, there may be a discount in valuation due to risk.
Or it could be that Puncak demand the project to be in a phase where they will not suffer from any risk before taking over. Look at the deal between EPF and EKOVEST. EPF added in clauses to protect the return. It is almost like a profit guarantee.
The fact that the deal was delayed for 2 times but never cancelled suggests that we should see a completion of the deal, just not sure when.

The shareholders of Triplc are benefited from both situation...whether the deal calling off or done....What a good deal!

Operators won't dispose their stakes at one go...they will spread into few stages to get rid of their shares.

Hng33. I think the delay is due to Hospital concession contract. If Puncak get the deal now, Rozali cannot maximize his value of shares in Triplc as certain discount included in valuation of the contract before the project kick off.

Is it investors attention diverted from potential Puncak taking over to deal calling off?

Kyy gang bullets have not cleared yet ma......