Write a comment..http://www.theedgemarkets.com/article/good-growth-propects-expected-ock-myanmar-tower-profit

Dual listing is not an easy task.

[1] OCK is not in most big investors radar, so dual listing will not provide any synergy to the share price.

[2] Myanmar is just open their share market last year after totally shut-down for more than 20 years. So the market there is not mature and lack of big investors over there. So listing there will reap any benefits to the company. I think totally listed companies there is less than 15.

Thanks. I refer to the below link which quoted in MYR-sen.

http://www3.lgm.gov.my/mre/

haha good question.

1st need to forecast when the war will start, then sell all the share.
When war start, world market will collapse.
Then find a right timing to buy...

This one have to ask real Master Sifu.

Although closed price up, big guy is still selling to force those buyers who bought at 0.710 range sell their share.

For increase of rubber price, the impact is not so big for Comfort as we can compare their FQ4 vs FQ3 result. They managed to mitigate the increase of 73% rubber price by showing improve in their net profit.

Average latex price for:
8'16=439
9'16=456
10'16=488

11'16=540
12'16=616
1'17=711

Now is seller market possible until end Apr.
May is Q1 QR report and there should have some energy in the 1st half of May....

EPF appointed a lot of 3rd party fund managers to manage their portfolio.
For any share transaction annoucement whereby we can see from Analisys Chart, there are 3 types of transactions: Purchased, Disposed & Transacted.

The meaning of transacted is EPF buy & sell the same share at the same day.
And usually Top Glove vol is not so big like 10 lots, 5 lots or 2 lots per transaction...
Not many retailers buy share like that.

see how the big guy is playing.

DATE TTL VOL(lots) BIG VOL per TRANSACTION(lots) PRICE

10Apr (Mon) 13517 sell 1616 0.700
11Apr (Tue) 15567 [a] sell 4500 0.700
[b] sell 3200 0.695
12Apr (Wed) 6964 [a] sell 1630 0.695
[b] sell 1810 0.690

http://www.orientaldaily.com.my/business/cj200018503

Something on vinly glove

Basically need to reach at least 700mil revenue before reaching 1b mkt cap.

http://blog.eagleprotect.com/new-pollution-laws-in-china-raise-prices-on-chinese-vinyl-gloves

Now is rotational correction, 14-Apr is Good Friday. 24-Apr is Public holiday.
How long this correction will last?

OCK will release Q1 result in end-May ( next month).

Brahmal is famous due to media exposure.
However, lots of smart investors are very low profile.

For those who invested TopGlove during its IPO in 2001 at cloing price RM2.
2016 return is as below:
[a] Capital return = more than 20 times.
[b] Dividend return = 80% of initial capital invest.

That means if you put in RM100k in 2001 and keep until today,
you will get:
[a] RM 2mil if you sell the share.
[b] RM80k of dividend in 2016.

That why TopGLove Tan Sri so rich...

Smartinvestor1, what you said possible right. those big fund is pushing down the price to force retail players sell the share to avoid them make money when they push out the price again.

Just look at TopGlove, EPF is selling in the past few weeks to apply this strategy.
Everytime TopGlove price drop to below RM5, you can see EPF is selling.
Then they buy back again push the price up to above RM5.

One of my friend is passive investor and he bought Top Glove in 2001 but I don't know how much he was investing and now he said Top Glove Dividen is crazy.

For calculation purpose, I assume he bought 5 shares at RM2.00 each and total =RM10.00

BI=Bonus Issue

2002 BI=5 get 2. Now own 7 shares
2003 BI=5 get 2. Now own 9.8 shares
2007 BI=5 get 2. Now own 13.72 shares
2010 BI=1 get 1. Now own 27.44 shares
2016 BI=1 get 1. Now own 54.88. shares

2016 dividen/share is 14.5sen.
He got 54.88 share and total dividen received is RM7.96.

He invested RM10 (in 2001) and now dividen return is RM7.96. = 79% per year.
For those who invested RM100k back then, now Top Glove is paying them RM79k in 2016.

This is just dividen for 2016.


EPF is 5.7% for 2016.
ASM is 6.0% for 2016.

Would like to share some simple calculation as below:

[1] Top Glove ( based on its FY AR from 2001 to 2015)
a) Total invested for Prop, Equp & Machine = RM1,713,333,000
b) Total new lines increased = 430 lines
c) Total new Capacity increased = 38.8bil pcs.

Average per line investment = RM3.984mil.
Average per bil output investment = RM44.158mil.



[2] Kossan (based on its FY AR from 2005 to 2012)
Note: deduct 10% out from the total investment as they have other rubber products.
Average per line investment = RM4.258mil.



[3] COMFORT (Based on 2016 & 2017 FY AR)
a) Total invested = RM79,736,000
b) Total lines up = 21 lines (based on newspaper interview)
c) Total cap up = 1.9bil pcs (based on newspaper article)

Average per line investment = RM3.896 ( very close to the Top Glove figure)
Average per 1bil output investment = RM41.9mil (very close to Top glove figure)

So for Comfort to add 8 more lines in FY2018, total investment will be RM31.2mil.
I think the new cash that going to generate in FY2018 is sufficient to support this expansion.
8 lines estimate can generate additional 0.7bil glove capacity per annum.

Hopefully my calculation boleh pakai.....

Cheang who was formerlly onwer of Seal Polymer Bhd (Sold to Supermax at RM1.40/share), together with Lau family dumped in RM22mil each into this company. 22mil for Cheang is huge amount and no businessman will dump so huge money into a company without making sure the company is making money....

If you only have 1mil and you invest 600k into 1 company and you run the company, will you let this company drain away your investment??

0.91 time is when investors convert their warrants to share and they need some fund to fullfill this requirement. So someone just goreng the share to get extra fund from the market for them to utilised it. This is how share market work.

When 2 big investors came in 2014 whwn the company still in PN17, the share price just around 20sen.

Fund already start pushing a bit today. hopefully today small push is for tomorrow show time.

If look at the result and management, this is a good company. in the past, Top Glove, Kossan n Hartalega took about 10 years to give investors 10 fold return.

That means if someone invested 1mil, 10 years later if they sold their share, they will get 10mil.
And take this 10mil put in 3% FD, per year interest is 300k, per month is 25k.

Not many jobs offer 25k salary per month. Good luck.

market is having rotational play and most likely this trend will until early May. OCK turn will be next week??

Can OCK mother increase 10 sen every month due to good business propect on towering business. Assuming Mar up 10sen to 93sen. By Sep total increase will be 60sen become RM1.53.
Dreaming....

If Mother is 1.20 (increase of 36% from 0.88), warrant will be min 0.49 ( increase of 75% from 0.28).

ShareCap = 87mil. SharePremium=157mil. To deplete the SharePremium under new company act within 2 years, will management
give bonus issue of 1 share get 1.8 bonus share. or 1 share get 1 bonus + some free warrant??
If really go for bonus issue, then share price need to at least double up.....

Anyone can give more infor on New Company Act....

I look at Star report on edotco said that "the implied valuation of the company is US$1.5bil = RM6.6bil (at 4.40 forex).
edotco has 17,054 towers which translate to about RM380k per tower.
So how many tower OCK owned??

just sharing my own calculation: 8/Feb'17-14/Feb'17, over-bought shoot up to 200point then retreat to
90point on 1/Mar. On 10/Mar, it shoot up again to 360point. How much it is going to retreat before
resume its strong horse power?

This is good company but share price is a bit disappointed. 2016Q4 result shown net cash( short term investment + cash - all loan) is RM3.30/share..... today share price is RM6.60.....

In term of whole Malaysia, Felda is market leader for cooking oil. However, LamSoon is market leader for cooking oil consumption in big cities then followed by Yee Lee.

Huge Share Premium against Share Cap. Under new Company Act, it needs to be clear with 2 years time....

unconfirmed information is they are engage few analysis to write good prospect of their company.

Very strong support at 2.88. Seem some parties are taking this opportunity to accumulate...

Ks5S, any idea who else is ES Ceramic customers?

Based on latest Q3'17 result, Comfort share cap = RM55.8mil, share premium,=RM72.0mil n Retained earning=45.9mi. Under the new company act, in future, there will be no more share premium account in balance sheet. Hence the current figure in share premium need to be utilised for bonus issue or transfer it to retained profit.

If consider bonus issue it should be at least 1 for 1....How you all think??

2 of his family member are sitting in the board of director.

Datuk Kevin Lau Eng Guang (co founder of Leong Hup Holdings) emerged as substantial shareholder during Comfort Glove regulation plan in 2015. Now he and his family owned more than 20% stake. Kevin Lau is an old man in the market and he used to own a rubber glove company but then he retired and left for US.

Under latest msia top 40 richest list, 3 gloves owners are in the list....Harta, TopGlove n Kossan. Take Harta as example, 2008 total equity was RM180m, 2016 become RM1500m.
If you follow their boss to invest in 2008, they become billionaire and you can easily become millionaire.
Will Comfort able to repeat these 3 companies history?? Good LUCK.

special div 1.20!! Per Q3 result, total share =100mil, cash only 20mil............

http://www.dealstreetasia.com/stories/vinacapital-delays-stake-sale-in-seath-to-ock-group-57107/