Sales increase from Rm153mil to RM175mil, this show an increase of RM22mil.
PBT increase from RM74mil to RM112mil, this show an increase of RM38mil, even minus the one off gain of RM5.9mil, still have RM32mil.

As PBT increase more than Revenue, it proof that either ASP is increase, or Cost is reduce due to more efficiency production of the new production line.

COGS = RM175mil - RM112mil = Rm63Mil.

RM63mil divided by (2.5bil / 4 quarter) = RNM.10 per pcs.

RM175mil divided by (2.5bil / 4 quarter) = RM0.28 per pcs

RM0.28 x 100 per box = RM28 per box.

Then convert to USD, become USD7.00 per box, or USD70 per carton.

** The above just a brief calculation, as rubberex has other type of glove production, so the above calculation may not be accurate **

Can anyone confirm that the RM1.1mil compensation has been reflected in current QR or yet?

长钢老二正式回归。
长期被低估的南达钢铁将在星期四重新出现在十大涨幅板。

Typicallu Q1 is always the weakest quarter, but this round it manage to make PAT Rm12mil, consider very good d

RSAWIT的业绩总是让人摸不透。

其实LayHong就是很典型的好公司，烂管理层。
Nutriplus 可以说是市面上最好的鸡蛋品牌了，可是公司却可以做到年年亏钱。
如果当初LayHong卖给了QL，我相信LayHong一定年年赚大钱，每个季度都成长，股价最少都有RM2块以上。
可惜呀，可惜呀。

In US, Elon Musk is the one who can change the market with one comments / twitter.

In Malaysia, Andy Hall is the one who can make all company share price down, no matter what he claim is true or false.

When he said Top Glove force labour, Top Glove down.

When he said ATAIMS force labour, ATAIMS down.

Next time he said MAYBANK force labour, MAYBANK will also down.

After that he will said PETRONAS force labour, Petronas will also down.

通常股市不好时，我打开portfolio都不看盈亏，只是看股票的数量，至少心情会比较好。

For me, Careplus most advantage is it has Ansell backup. With such a reputable international PPE company behind Careplus, Careplus no need to worry about its sales, no matter how many it produce, sure Ansell can fully absorbed it.

For Ruberrex, it main benefit is its production capacity has increased by 150%. If nothing go wrong, this 150% increase of capacity will turn into huge leap in PAT. Beside that, Dato Eddie is a person that very good in capital market, I believe he will do something to maximise the market cap of the company.

really GG

Take profit from Leon Fuat, and invest more into Danco.. Switch counter.

Keep accumulate

I think it is time to accumulate more TEXCHEM at RM1.00 - RM1.10 level.

last minute sell down is purposely pull down for next week gain!

Just buy, Ruberrex ASP not dropping, all its glove still expensive

Result as per my expectation, I am satisfied with it.

SSTEEL has been lag behind other steel counter for many weeks.
Its time to catch up.

This Mr Lee is just an Independent Non-Executive director. They are not involved in the company operation. And he hold very little share only, I think many of us here hold more than him.

TDM is back!
RM0.35
RM0.38
Then break RM0.40 --- RM0.45 ---> RM0.50

back to year 2017, SSTEEL used to reach RM2.50.

For this round, I am not that greedy, RM1.80 I am satisfied d

SSTEEL should worth RM1.60 minimum

我想有个blogger有点误解了上个季度的RM3.5m折旧。该笔折旧不是开销，而是回拨。所谓的折旧回拨是指当公司发现之前的折旧的速度太快了，快过该资产的寿命，而决定把之前的折旧回拨，有点像 written back of impairment.

也就是说，上个季度RM9.5m的盈利，是加入的RM3.5m的回拨。 如果没有该笔回拨，那么公司的盈利应该在RM6m左右。

所以，其实这个季度并没有很差.

Although the latest quarter result below expectation, but based on market cap of RM146mil, NAT of RM2.10, the current share price RM1.18 is still considered cheap.

Any comment on TEXCHEM today performance?

Leon Fuat never disappoint us.

I am looking forward for RM2.30 within 2 week.

EPF Dispose...
Retailer not dare to buy...
So who buy?
Is either local institution, or foreign institution.

So if local / foreign institution entry at this price, what price they will take profit? RM13, RM15?

Careplus, Aventa all move d..
Now Ruberex is the cheapest Glove Stock in town.

My TP is RM2.00 by next Friday.

Really really very interesting to see who is the new substantial shareholder for Ruberex.

Really disappointed with the management.
If MHB is manage by Dialog, sure the outcome will be different.

Glad to see so many supporter here.

The 30th largest shareholder is 484,000 unit. If Danco continue maintain at 60sen level for the next few months, and the business performance remain growing, I think I have chance to enter into the Top 30 shareholder list.

Hopefully today close above 1.33

Market Cap 1.1B only. Still very cheap, after take into account the 2.5bil production capacity.

Collect more on 1.36 level

So far I think I am the one that continuing collect Danco.

Is there any Danco fans here, please stand out and support support.

Coz I am very lonely.

subby11, from accounting perspective, the penalty should be recognised based on the date it become liable, instead of date of payment. If not mistaken, the judge order is on march 2021, so the penalty should be recognise in Q1 2021 report.

Hold bah.

Your risk is very low.

If it go down, maximum it back to RM1.00. (33% loss)

If it go up, it can back to RM3.00. (100% gain).

Wow.. the KIM Stockwatch also in the list, he got so famous until SC want to ban him?

What happen if the stake is bought by Brahmal (Creador Fund)?

Will Ruberrex skyrocket to RM6.00?

Another good performance day.
One may think that the share price has already went up a lot.
But please look at the market cap, only RM146mil.
This is too cheap man!!
Where can you find a company that can consistently achieve PAT RM10mil per quarter with market value RM146mil?
Trust me, if this quarter can achieve another RM15mil PAT, this counter will go up all the way to RM2.00.

Ruberex transaction volume very high, something very strange, anyone can explain?

Leon Fuat never disappoint us

Why palm oil stock cannot move ya, really wondering.

Waiting for what catalyst?

I believe Super Thursday will come tomorrow.

Aiming to touch RM6.00.

Hahahaha!

Sleeping beauty, continue to collect and keep under the mattress.
One day wake up and see, it become a beautiful girl.

tomorrow can break 90sen?

If LUXCHEM tomorrow can hit RM0.90, then TEXCHEM should be able to touch RM1.25

Because Dato Eddie Ong already hold more than 51%, so he has no intention to let the Company hold the treasury share, this will reduce the market share floating.

That why, everytime after share buy back, sure he will re-sale those treasury share at some minimal profit, because his intention is NOT to hold treasury share.

Good closing.
Look at LUXCHEM RESULT, can we expect TEXCHEM to hit RM15-18mil this quarter?

If coming quarter TEXCHEM posted a good result EPS 9-10sen, plus a sudden announce of Bonus Issue 1:1, or maybe Free Warrant 1:1, or maybe stock split 1:2, then it will be jackpot for all the shareholder. I believe share price will go up to RM1.70-RM1.80 minimum.