alenac

alenac | Joined since 2013-01-21

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Stock

19 hours ago | Report Abuse

The glove market not going anywhere but down. Prices in 2024 remained low.
Unfavourable outlook to persist in 2024, with continued squeeze on margins
On prospects, the group acknowledges that the rubber glove market remains lacklustre with an unfavorable outlook for 2024 due to ongoing demand-supply dynamics post-pandemic.

"At the two most recent large international trade shows, the takeaway was that the oversupply situation is expected to moderate gradually over an extended period as more and more smaller players exit the market, while bigger players scale back expansion and retire older factories and production lines.

"The industry is basically going through a consolidation stage at this time," the group said.

Moreover, the group notes that ASPs remain suppressed, with manufacturers from China proving to be daunting competitors and believed to have taken over the global leadership from Malaysia, at least in terms of pricing.

Supermax does not expect to see a significant improvement in performance for the rest of the year 2024 due to the high volume of high-priced stocks at its overseas distribution centers.
https://theedgemalaysia.com/node/701611

Stock

22 hours ago | Report Abuse

LLC I thought you left the MBSB counter since management is super bad. Or looking to hit and run?

Stock

1 day ago | Report Abuse


Indo-China securities trading business expansion. Also, there are a sizeable group of Malaysian businesses in China where they are likely to connect with PBB.
“As such, the proposed acquisition presents an opportunity for PBVN to expand its financial services offerings in Vietnam with the inclusion of securities trading services.

“Upon completion of the proposed acquisition, PBVN intends to leverage on its existing client base to grow the securities trading business,” it said.

The bank noted that the proposed acquisition is also expected to further strengthen the presence of the group in Vietnam as well as provide synergy to its Indo-China operations.

“PBB Group has an existing securities trading arm in Cambodia, namely Campu Securities Plc, which is a wholly-owned subsidiary of Cambodian Public Bank Plc, which in turn is a wholly-owned subsidiary of PBB.
https://www.freemalaysiatoday.com/category/business/2024/02/19/public-banks-unit-acquires-rhb-securities-vietnam-for-rm72-6mil/

Stock

1 day ago | Report Abuse


Good %tage going above 82 sen better but not certain unless good news impacting price is due for release.
641003025255
Next targert 0.80 and once declare Dividen TP will 0.90 follow by RM1 than everyone to rush to buy. This is malaysian culture.

16 hours ago

Stock

1 day ago | Report Abuse

If big funds are riding PBB price then go along with them why complain? With so many shares issued, only big funds can absorb and keep prices stable.
BlackDiamond

Have you all studied the game yet! Big funds are selling at 4.42 and than pushing it down to 3.00 and buying it back and pushing it back to 4.42 and repeating it! Beware buyers! Don’t get cheated! With the way things are moving l don’t expect a good bonus. 😭😭😭😭😭

Stock

2 days ago | Report Abuse

MBSB has to move past 82 sen to convince any buy-in.

Stock

1 week ago | Report Abuse

This company depends too much on PAS Kedah MB Mr Karok.

Stock

2 weeks ago | Report Abuse

Yeap, buy, buy and place your bets, spin, and wait for 1 year? Nusantara is the market?

Stock

2 weeks ago | Report Abuse


Good morning I3lurker,
Great sowing of oats on this fine day.
When can we climax on SCIB?

Posted by i3lurker > 23 seconds ago | Report Abuse
Newbies have to sell SCIB themselves now.
at 12:00 noon, sex firms will seize control of any unsold margin call SCIB shares

Stock

2 weeks ago | Report Abuse

Wow, didn't know your loss in Red Chips counters. I have cautioned people here to avoid China counters. Most of them have faked BS & P/L all dressed up to cheat investors. Another big flop for KLSE to attract China counter to list here and it in fact attracted mostly "scam" companies.
Sslee
CharlesT,
I already recovered back all the losses from Xingquan/red chip companies and also making profit from my shareholding and share trading not forgeting the dividend received.

My thousand thanks to all the Sifu's in i3 that teach and show me how to make money from Bursa.

33 minutes ago

Stock

3 weeks ago | Report Abuse

Don't be too confident. What you do think is cheap today may be deemed expensive tomorrow. That is how most investors are caught with unrealized losses. The market is influenced by many factors. Foremost it is demand & supply that determine the price. Perception of value can sometimes be misleading.
xiaoeh
this is a typical human nature leh bro: FOMO
a juorney that every bilis will go through one
i believe u have also gone through all this made u what u are today bro

2 days ago

0 seconds ago

Stock

1 month ago | Report Abuse


Yeah, the exemption should be given for genuine M&A.
jazmaster
Thanks to the implementation of CGT effective March 2024, M&A activities will reduce

Stock

1 month ago | Report Abuse

alenac

Sime bad buy of perodua & toyota. Can make money on ICE but sunset in a few years when EV volume will start to expand. By Mid-2024 the acceleration toward EV will gain momentum with multiple Chinese brands establishing footholds locally.
Chipee
I think rotation play for expectation on recession by EPF. Sime rid of hospital (healthcare) which is resilient during recession and into cars (UMW) which is discretionary and bad during recession.

0 seconds ago

Stock

1 month ago | Report Abuse

Playing Russian roulette with Standly. Even his kids & wife can't win.
Jason85
RM1.10 to break is anytime now?

5 days ago

0 seconds ago

Stock

1 month ago | Report Abuse

Maybe if can break 75 sen, too many caught above 75 sen, even funds.
gohkimhock
Public Investment Bank gave a price target of RM0.59, which i think is very realistic. Almost same as mine. Mine is RM0.55

2 days ago

Stock

2 months ago | Report Abuse

Summary of Gamuda strength & future prospects.
Strengths:

Strong track record: Gamuda has a long and successful history of delivering major infrastructure projects in Malaysia and abroad. This gives them a competitive advantage in winning new contracts.
Diversification: Gamuda is not just focused on construction, but is also involved in property development, renewable energy, and other sectors. This diversification helps to mitigate risk and provides potential for growth in new areas.
Financial strength: Gamuda has a strong financial position, with a healthy order book and manageable debt levels. This gives them the resources to invest in new projects and take advantage of opportunities.
Technological innovation: Gamuda is committed to using innovative technologies to improve the efficiency and quality of its work. This includes technologies like building information modeling (BIM) and modular construction.
Experienced management team: Gamuda has a team of experienced and qualified managers who are able to navigate the challenges of the construction industry and make sound business decisions.

Weaknesses

Reliance on government infrastructure spending: Gamuda's success is heavily tied to government spending on infrastructure projects. As the article highlights, the Malaysian government's focus on subsidies and tight fiscal position could constrain infrastructure spending in the future, impacting Gamuda's order book and revenue.

Exposure to overseas markets: While Gamuda's expansion overseas provides growth opportunities, it also exposes them to different risks and challenges in each market. These can include variations in project margins, regulatory environments, and political stability.

Thin margins in certain markets: The article mentions that Gamuda faces lower margins in Australia due to high overheads and risk-averse clients. This could limit their profitability in certain overseas markets.

Competition in the construction sector: The construction sector is generally competitive, with both local and international players vying for projects. Gamuda needs to maintain its competitive edge in terms of efficiency, cost-effectiveness, and technological innovation to secure new contracts.

Dependence on project delivery partnerships: Gamuda's involvement in the Penang LRT project, for example, relies on being the project delivery partner (PDP). If the government decides to appoint a different entity, it could impact Gamuda's revenue and future prospects in that project.

Potential environmental concerns: Some of Gamuda's projects, such as the Penang South Islands reclamation project, have faced criticism from environmental groups. The company needs to be mindful of environmental considerations and ensure its projects adhere to sustainable practices.

It's important to note that these are potential weaknesses based on the available information. Gamuda has taken steps to address some of these challenges, such as diversifying its portfolio and expanding overseas. However, it's crucial to be aware of these potential risks when evaluating Gamuda's business model.
Future prospects:

Growth opportunities overseas: With the Malaysian infrastructure market facing challenges, Gamuda is likely to continue to focus on expanding its operations overseas, particularly in countries like Australia and Taiwan.
Renewable energy: Gamuda is well-positioned to capitalize on the growing demand for renewable energy, with its experience in hydropower and its investment in solar energy.

Public-private partnerships: The Malaysian government is increasingly looking to the private sector to invest in infrastructure projects. Gamuda's experience and financial strength make it a prime candidate for these partnerships.

Challenges: Gamuda faces some challenges in the future, such as the potential for rising interest rates, political uncertainty, and competition from other construction companies.
However, its strengths and experience should help it to overcome these challenges and continue to be a successful company.
Overall, Gamuda is a strong company with a bright future. Its strengths in track record, diversification, financial strength, and technological innovation give it a competitive advantage in the construction industry. While there are some challenges ahead, Gamuda's future prospects are positive.
https://theedgemalaysia.com/node/693581

Stock

2 months ago | Report Abuse

Why less construction jobs in Malaysia?

Bard's analysis of Gamuda CEO, Datuk Lin Yun Ling, where he expressed several concerns about the Malaysian government's spending resources in the article:

High Dependence on Subsidies: Lin criticizes the government's heavy reliance on subsidies, particularly for fuel and essential items. He argues that these subsidies artificially suppress prices, leading to stagnant wages and hindering private investment in infrastructure projects. He believes that targeted subsidies and price adjustments are necessary to incentivize private sector participation and drive economic growth.

Impact on Infrastructure Spending: Due to the high allocation of budget towards subsidies, Lin observes a decline in funding for major infrastructure projects. He fears that this trend could continue, further impacting the construction sector and economic development.

Political Will vs. Reality: Lin questions the government's commitment to making difficult but necessary changes, suggesting that short-term political goals often take precedence over long-term economic well-being. He emphasizes the need for a shift towards greater transparency and prioritizing common sense and reality over political expediency.

Consequences of Low Wages: He points out that artificially low wages, partly due to price controls, make Malaysia less attractive for private investments. He argues that higher wages, driven by market forces and reduced subsidies, would not only benefit citizens but also attract private capital for infrastructure development.

Examples: Lin uses examples from Vietnam and Taiwan to illustrate how focusing on subsidies can hinder wage growth and economic development. He contrasts these countries with Malaysia, where wages have stagnated despite rapid economic expansion.

Overall, Lin paints a concerning picture of the Malaysian government's spending priorities and its impact on infrastructure development and economic growth. He urges the government to reconsider its reliance on subsidies, prioritize long-term economic well-being, and create an environment conducive to private sector investment.

Stock

2 months ago | Report Abuse

There will be divi payment for the next financial year as EPF needs to pay divi to its contributors ie as long as MBSB makes profits in every quarter. Investors should focus on collecting the share when it is cheap. The end game is to beat the FD rate when you buy and sell & collecting divi. In the short & medium term, the price of MBSB is bearish until the fundamentals can convince punters to buy.
Yippy68
mbsb management did work very hard, bought a bank, get a bank license, bought Midf, spending lot of money and expenditure on all the acquisitions. like you buy a piece of land for cultivating palm oil. it will take you 5years to see the profit. this year you were paid with 8,5,sen div, after the bank acquisition, are you not satisfied ?

Stock

2 months ago | Report Abuse

Yes , it's the rhythm and the ride ......
BlackDiamond
Fast Furious and Fools! He He He! It’s a beautiful Saturday evening! Black diamond doesn’t waste time on fools. Time for HAPPY HOURS! Catch me in Bangsar but look out for the black diamond ring on my RT ring finger. Free drinks for sensible long term investors and not casinogenic fools. Ha Ha Ha

1 day ago

Stock

2 months ago | Report Abuse


Yeah, depending on taste, some like "fast & furious" and others like "grumpy" old road
BlackDiamond
PBB investors laughing away! YTL is apparently shining but will end up like being Top Glove!

21 hours ago

Stock

2 months ago | Report Abuse

This company does not pay divi.
snowball2000
Hopefully the dividend payout would also increase in line with financial performance.

3 weeks ago

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2 months ago | Report Abuse

Hopefully, this bad loan has been fully provided for in their previous accounts.
Country Heights had announced its default on the payment of the RM89.67 million financing facilities in August. The default is in respect of a charge created as security for an Islamic term financing facility and a bridging financing facility.

https://theedgemalaysia.com/node/694141

Stock

2 months ago | Report Abuse

LLC, this is what Kenanga does to make more money, you buy an MBSB call warrant at 88 sen to bet against Kenanga, how can you win? You go with what Kenanga expect MBSB to be at 63 sen not for you to bet against it. Kenanga got more buying power. This is the call warrant game if you dare to buy in. You can only win when the call warrant issuer reads the future price movement wrongly. I would not think Kenanga as an issuer would read it wrongly, before the call warrant is issued they would have gotten information about any future news or corporate action that would have caused the price to be bullish until the expiration of the warrant.
Loy Loy Cheong
Kenanga has zero credibility in MBSB, on one hand they are pushing out and is selling call warrant at 88sen and on the other hand valuating MBSB at 63sen, contradicting themselves...those listening to K really has got to get their head checked.

14 hours ago

7 seconds ago

Stock

2 months ago | Report Abuse

Tajuddin Pasir Salak is out of UMNO & this company is also down as a contractor. Chinese family company. Used to get government jobs. NAPS has declined by 33% since 2020. Podcast in May 2023, now still losses.

Stock

2 months ago | Report Abuse

Not lost control, he is on cloud nine where the pandemic gave a bountiful harvest of cash, and a reckless decision to set up a glove factory in the USA, perhaps Biden will impose import control of gloves to protect Supermax production in the USA.
fortunefire
family issues has greatly affected the company's corporate decision. that shows the no.1 guy has lost control in both the company and family.

20 minutes ago

Stock

2 months ago | Report Abuse

Target price all red-moon, only fund monitoring is KENANGA. Hope next Q will be better.

Stock

2 months ago | Report Abuse

I am leaving on a jet plane dun know when I be back again ..............................
In the article published last week, Tan pointed to the aircraft’s purchase as one of the main causes of Supermax’s continued loss for four consecutive quarters while its peers had returned to the black, aside from a drop in productivity.
https://theedgemalaysia.com/node/693457
Rm1B project?
Maybe need to buy one more private jet for Ah Thai to fly there more often

Stock

2 months ago | Report Abuse

May fluctuate in a bad market but will rebound in the long run. Most banks were badly hit due to the pandemic and government social policies. Price swings are opportunities to accumulate, and so does disposing when it is overvalued.
Yippy68

Look like difficult to go below 70 cents

1 day ago

Stock

2 months ago | Report Abuse

Good morning, some punters want fast cash. I think this is not the counter for fast cash. PBB is also not a counter for fast growth. It is for pensioners who either had the option to keep in EPF, buy PBB (hopeful that it can provide better returns than EPF in the long run) or let it sit in FD for miserable interest rate for a long time.

Stock

2 months ago | Report Abuse

Performance for PBB in the 3rd quarter is quite good in the current economic slowdown. Looks like Ah Lek is keeping the cash flow for last quarter's final divi?

Stock

2 months ago | Report Abuse

Negative NAPS at 2.01, it kept on increasing, does it make sense that this counter will be released from PN17?

General

2 months ago | Report Abuse

Shafie does not have the numbers.
shafie apdal. he's a centrist and is far better than pmx

General

2 months ago | Report Abuse

OK let's get rid of Anwar. Then who is to take over? PAS mesra bini lagi2 bini. Sanusi REE ? Or Hadi Awang Canak sotong? Or Bersatu jumping frogs with one foot tied to the pole?

Stock

2023-11-23 16:04 | Report Abuse

Hi Mr OTB, your Hiap teck moving up again any advice on this?

Stock

2023-11-08 21:36 | Report Abuse

Surprising profit due to cost cutting, and going forward anticipated better performance due to higher sales as predicted by TA is more of speculation. Why want to put your bet in glove sectors when other counters like banking & retail stocks are better performers.

Stock

2023-11-03 11:21 | Report Abuse

Anybody makes money from this counter by hit and run, as the price sank. Sure very tight price spread.

Stock

2023-10-27 13:47 | Report Abuse

Possible but Divi would still be 5 sen at next Q.
KylieTan
estimated PBB can record more than RM1.7 bil in profits in Q3 🙂

2 days ago

Stock

2023-10-25 08:45 | Report Abuse

Syndicate stock, cat fishing at the bottom of the food chain.

Stock

2023-10-24 10:13 | Report Abuse

No point in purchasing your own shares when the business can't make money. The rational step is to pay all available cash reserve and start a new even if the share price drops to 10 sen,
myinvestor
OTHERS Supermax Corporation Berhad (Supermax or the Company) - Proposed Renewal of Authority for the Company to Purchase its Own Shares

2 days ago

0 seconds ago

Stock

2023-10-17 20:17 | Report Abuse

Good evening owners of glove companies & funds caught in glove counters are speculating that the glove industries will recover at the end of 2024 or rather last quarter of 2024. Far from it, if we take into account the rising costs of material & transport as well the low turnover of these companies, they can hardly break even with the stiff ASP.

Stock

2023-10-11 10:21 | Report Abuse

Good morning, another Q of bad results for TG, the future of the glove counter is worsening. Now is not the time to hear cock N bull stories of glove company owners.

Stock

2023-09-19 10:16 | Report Abuse


Wow 1 bill over liabilities, any disposal could cause losses, since having bank loans for the properties etc?
In a filing, MBSB said five of its companies in the property development business will be transferred to a corporate share trustee, while disposal of the loans — carrying a book value of RM279 million — shall be settled in cash and on a deferred basis.

The five companies had combined negative net liabilities of RM1.105 billion as at end-2022, the filing showed.

Stock

2023-09-18 23:14 | Report Abuse

Financing EVs as demand increases when people replace ICE cars.
tom2629
Something is brewing inside PB and the 80yo MD, (TS Tay with a RM45mil pa remuneration) better disclose it soon. Hate surprises.

8 hours ago

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2023-09-18 14:21 | Report Abuse

Great multiplier effects from borrowings to increase lending, borrowing to replenish loans.
tom2629
Why does PB needs to establish 20billion worth of subnotes with 30 years tenure? No other banks are doing it, so far? Who is the big borrower? The Govt or Private company?

Stock

2023-09-18 09:44 | Report Abuse

Yeah so true? Whatever it is the counter where investors lack trust in the owner. Same like VT Berjaya Group.
shortinvestor77
Restructuring is being done. Resurrection is expected in the near future.

6 days ago

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2023-09-14 09:55 | Report Abuse

Can get returns over EPF rate Divi plus share price appreciation should be ok. See how you handle your portfolio in PBB. Benchmark is EPF returns per annum, not FDR. FDR is 0 risk. PBB still has risk as share prices fluctuate.
M55555
Park RM500k and receive RM25 to RM30K div return annually sampai mati.. ok right ? After mati , hang over by next generation. Should be a better option than parking RM500k in fix deposit , with currency value uncertainty and no growing prospect.

0 seconds ago

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2023-09-11 14:58 | Report Abuse

Half-dead group of companies, with A & W such a good brand, also should be able to do well. Linked with MUI sure investors will shun the counter.

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2023-09-05 09:39 | Report Abuse

LLC is confused. At the current price, he said it is a steal but he is selling it all. Looks like he still loved MBSB, just frustrated to let it go. For those still waiting to buy more let it move to below 59 sen and pick it up. At its current price, it is expensive. At current PE of 11.85 is high. PE below 10 is just nice to buy. PE for PBB is currently 12 and Alliance Bank is only 8.9.

Stock

2023-09-01 14:52 | Report Abuse

Glove counters are not expected to recover until 2025 or another worldwide pandemic starts, whichever comes first.

As I always say, get Stanley to distribute all available cash as dividends. Consolidate its shares and moved on, later got no money call for rights. It will be the most tactful decision.