@lanselot, you are right.

For mining company, they didn't purchase raw mat to process and then sell as finished goods.
Thats why the increase of inventory level is very small as it only reflected the cost that involve in digging out the ore/oil + oil tax.

没办法， 那边近期很乱， 找不到吃。

Dec xmas holidays coming. Big fund push down px to force people sell, then they only can make money when those big fund push the px up in CQ1-2018 before election....

If relook back history, when DJ crash, it always happened during early of CQ4 or end CQ3.

http://finance.sina.com.cn/china/dfjj/2017-12-08/doc-ifypnqvn1288196.shtml

Huge gas shortage in China, big impact to their steel and glove industries.

http://finance.sina.com.cn/chanjing/cyxw/2017-12-06/doc-ifyphtze4797145.shtml

LNG px in China up so much. big impact to production especially steel n glove industry.
Good for Msia.

Order mari mari.

1 q to buy for 100,000 share.

自己对自己， 逼你们卖。

There is a light at the end of the tunnel.

vs

There is a dark (tunnel) at the end of the light.

Property investment is just to "hedge against inflation".

There is no answer in any type of investment.

The only investment that can provide return rate before you invest is put the money into Bank FD. Bank will give you 3-4% per year.

haha. Opoortunities is everywhere...

Bitcoin, Bitcoin Cash, Bitcoin Gold.
Ethereum, Cardano, Monero, IOTA,Ripple, Dash.......

贵州茅台:
2003 = Px RMB40. PE=25
2017 = Px RMB500. PE still 25.

Cheap or Expensive for Grow Stock??

For those who hold till today. Congra to you... starting

Cheap vs Expensive.

As long as you buy something, it is Expensive coz you need to spend money.

If you don't buy, it is Cheap coz you don't have to spend a single sen.

He was the only member left from previous management.
CG might appoint new guy to replace this post.

TG QR next week same as CG??

There is no answer on how much you can make in investment.

The only investment that you can get answer is put the money in FD.
Bank will give you 3%-4% per year.

Px 0.90. EPS=8sen = PE=11.25

@smartInvestor1, was the date information you posted last week accurate?

history repeat like what happened just before QR out on 21-Jun??
1 week px crash 14%....

http://www.enanyang.my/?p=963305

aiya, Gas px buat kacau.
How can glove companies compete with other country like Thailand.

veryone rush to produce nitrile glove as the demand shoot up a lots.
suspect CG will concentrate more on nitrile glove output which will push up their rev n np.

market don't have much coverage/infor on CG as suspect management know that they are just a small player and cannot let others big 4 know their strategy so that they can survive in long term until time is ready.

扮猪eat tiger.

What is the main culprit before low revenue:

[a] QR said due to bad weather impact oil export.

[b] Shut down of well for maintenance or no oil.

For investors, we can counter check item [a] instead of [b] coz [b] information is very internal.
So [a] information correct??

Accounting system for mining industry.

"As in all accounting, there are two main divisions: that of revenue received for what is sold, and that of disbursements made for what is bought, so in mine accounting we have to consider chiefly the income derived from sales of ore or concentrates, and the expenses incurred in producing the said ore or concentrates in a marketable condition...."

Never mentioned how much daily output they did in Q3.
If based on oil tax, we can judge that their output was almost same with Q2.

So about 45% of oil in Q3 will be sold in Q4 + Q4 output.
And oil price for Q4 is about 15% higher than Q3.
Est Q4 rev will be 75mil.

Admin and other cost were lower compared to Q3.

If don't have confidence in Q4 result. Can SELL.

行动了吗？Don't miss the opportunity.... Below 1.10 soon disappear...

OCK business just like Plus Toll business but at small scale only.

Why EPF keep holding Plus share??

when RM was around 3.15 to 3.30 from 2008 to 2012, how come TG, Harta, Kossan Supermx still making money??

Not related.

Q-Q basis:

[a] Inventory drop from 108m to 73m whereby some raw material ( which suppose to support Telenor balance build) channel to support 300 towers build.

[b] Prop& Equip up from 319m to 361m (+42m)

[c] Loan up from 376m to 433m (+57) which might use to support additional BTS build and fine tunning of Seath facilities.


So far so good.

For those who want to have good return in CQ1-2018, can slowly start collecting now.
After few more days, price will be above 1.05.

Invest in your own risk.

http://www.sinchew.com.my/node/1705277/%E8%B4%ADaspion%E5%85%AC%E5%8F%B8%E6%8B%93%E6%89%8B%E6%9C%AF%E6%89%8B%E5%A5%97%EF%BC%8E%E9%A1%B6%E7%BA%A7%E6%89%8B%E5%A5%97%E5%85%A8%E7%90%83%E5%B8%82%E5%8D%A0%E6%89%A9%E8%87%B329

Reading pleasure

年尾了， fund mgr 收工过年啦。 剩下手下在慢慢 买those tak boleh tahan n sell the share..

STai =Supermax. If Supermax main market is in USA and Europe, long term business prospect is not so positive coz ST issue might coz 10 to 20% drop in order quantity.

Why say so? coz USA & Europe those so call well managed and criminal avoidense companies are unwilling to deal with suppliers who's chief is involve in criminal.
Just look at Takada airbag, Olympes camera and so on.

Then it will be happy problems for Confort to support the additional order and most probable they will targetting to set-up 10-12 new lines in FY2019.

Tmr no issue. just hiccup only.

@mamak, Yes. I use figure to explain how he take care of the minority shareholders

TopGlove listed on 2001.
If Mr. ABC purchased RM1mil val of share at that time n keep until today. Do you know how much it worth?

At lease RM40mil.
(TopGlove team help to push millionaire to become multi-millionair)

Do you know how much is the dividend last year for this RM1mil invested amount?
Div=at least RM1mil.


And it only take 16 years to become reality.

Scenario Study.

Will Supermax let go some of its glove factories and concentrate on Contact Lens business?
If they have the plan, most probably they will want to concentrate the business operation in Klang valley and give up ex-Seal Polymer factory in Perak.

And if it happen, will Comfort boss buy back his x-company for future expansion as they need the land and buildings for production line set up....??

Only time will tell.

Big 4 valuation is too high.
and only left 1 small with good prospect and low valuation...

Is analyst = fortune teller??

http://www.theedgemarkets.com/article/china-cut-import-tariffs-some-consumer-products-dec-1

Glove consider??

2018, market worry of Plantation stock which might have negative growth due to 2 reasons:

[a] India
-Our biggest palm oil export market has increase the import tax from 15% to 20% of range.

[b] Europe
They are in the move to ban import of palm oil and our 马大哥is busy to convince them not to do that.

There are a lot of big fund with big money in the plantation sector and once they switch to growth sector like glove, haha..

OTW. Asp.....

http://www.theedgemarkets.com/article/no-joke-china-government-warns-northern-cities-get-serious-war-smog

The impact to vinly glove output is as big as 30% of total China glove output...

Emir Oil

[a] 1st owner = BMB Munai (2009-2010]
Ave oil px = 55-65
NP% = 22%-39%

[b] 2nd Owner = MIE (2011-2015)
2011=Oil (85)=NP%=-14% (-ve)
2012=oil (90)=NP%=8%
2013 =oil (87)=NP%=22%
2014=oil (70)=NP%=14%
2015=oil (44)=NP%=-58%(-ve) include impairment.

Why under current oil px, BMB Munai can made huge NP but not MIE??

I think Reach buy 60% from MIE mainly due to Reach expertise much better than MIE.

Dont be rush, big fund will switch their portfolio on 30-Nov and on this day the CI vol can reach 5b.

want to be world top five contact lens players.
Top 4 branded players hold 90% of market share.
and another 10% share among almost 20 small players.

So if can get 3% market share, consider top 5 lah....

The impact is as big as 600units 40ft high containers per month.

Below est glove qty for 20ft container= 5mil pcs
Est 40ft high containers = 12mil pcs x 600units = 0.72b/month shortage.


https://www.alibaba.com/product-detail/MOQ-20ft-container-of-vinyl-gloves_60504149992.html?spm=a2700.7724857.main07.58.5bfd805agmdzgP

https://www.8020sourcing.com/china-epa-crackdown-shuts-down-tens-of-thousands-of-factories-with-no-end-in-sight/

This has created big supply impact to industry that use coal as main energy for production and
Vinly glove is one of them. Vinly glove price has increase almost 40% within 6 months time due to supply shortage and buyers has switch to nitrile glove as replacement.

So glove bull run is just started and the bull will keep running until the crackdown is over.
Msia glove factories is running at full cap but still cannot support the shortage.
Due to the shortage, international buyers are willing to offer good pricing for glove.

So big 4+1 big bosses are laughing to the bank.....

1st owner of Emir Oil:
Ave oil px for 2009 n 2010 = $55-65.
NP=ave 25%

2nd owner (MIE)
at the oil px of $70-80
NP=ave 16%

Depreciation n total output for both case are the same.

Why 1st can made huge profit even oil px is around $60??

After sifu study about Emir Oil story from 2008 till today, sifu now understand why the Chairman is so disappointed about the low share price.

He said there was a reason why MIE can buy from 1st owner and there was also a reason why Reach can buy 60% from MIE.

This is a gold mine.

Assuming FQ3 qtr cap is 1.15b with 1000pcs/pkt glove sell at US$26 (RM110).
Est Rev=RM127mil. NP (9.5%)=RM12mil. EPS=2 sen.

EPS only 2 sen. so who wanted to sell pls go ahead. ks5s want to buy...