I support paktua.

Gogogo.....huat ah!

The analysts are at it again, increasing their net profit estimation while lowering TP at the same time. The analyst's view from Maybank is very perplexing indeed.
I do agree that INTCO and Bluesail's aggressive expansion plans are a cause of concern but do you really think Topglove is just going to give up its crown?
Any glove manufacturer worth their salt would know that you need to expand production to more than 100b in the next few years. If not, you will lose your market share to INTCO or maybe even Bluesail.
That is exactly what Topglove and Harta are doing now, they are defending their market share. Armed with plenty of cash, I believe they will be able to increase productivity as well with increased robotics application and further automation. If you ask me to choose between INTCO and Topglove, I like my chances with the latter.

Everyday sunday ah? So nice....

Congrats to those who bought low.

Does it mean I can transfer my shares from KLSE to HKSE?

Subject to completion of the proposed dual primary listing, Top Glove shares will be listed and traded on Bursa, SGX-ST, and HKEX and all such shares will be fungible/transferable among these three stock exchanges. （Source: theedgemarkets.com)

Anyone can elaborate on the shares being fungible？Anyone with prior experience?

@paktua...I agree with you. Investors kalah traders!

Getting quiet now. I like.

Going up up up!

Maybe people misread that ?

What new project ?


Hi Robert, what does it mean? Limbayong?

Party restart after 1 year. Don't leave first. More to come.

Hi Gabriel, can I know the source of this research?

FY20E: Poised to deliver one of its highest PATMI in history

The above expected 3Q20 core PATMI was driven by high CPO ASP, decent downstream contribution, and lower-than-expected unit cost. While 4Q20 PATMI are likely to be lower QoQ on weaker output, and higher cost and taxes, SOP will nonetheless end the year posting one of the highest PATMI in its history. Following our EPS upgrades, we raise our TP to MYR5.36 on 15x 2021 PER peg, its updated historical 5Y mean. Trading at just 11x FY21 PER and adj. EV/ planted ha of MYR23,000, SOP remains a BUY.

For those who have been holding since last year should know the best....never trust these IBs. Better to study about the company and believe in your own research and TP.

As usual, Aminvest is clueless. TP from 0.1 to 0.47. Unbelievable!

Hold on tight. Good news coming.

Q2 profit will be higher. RM4 short term.

Q1 profit after tax(strip off derivative gains) = RM33m. EPS =5.8c

Buy more now for 50% profit!

TP RM3.90!!!

Total contract valued at around RM900m. Latest TP 3.33. Gogogo!

Wah...panda.this will become legendary quote when it happens. You go toilet come back will become 55c already...

I think the retracement has been the culmination of a perfect storm. A lot of investors including those in this forum were expecting a positive outcome from Claire court case. The disappointment plus the current sentiments caused by the coronavirus has been the major reasons why there was a big drop. Plus, now some ppl worry Abd further impairments for the last quarter. I look at it from both side of the argument and this is my conclusion. While there is a possibility of impairment for Q4, I think if BA were to appeal against the court decision, then there won’t be any impairment yet. So, hopefully we will get something to cheer about before Valentines Day.

@Panda, I might hold too until 2021 if there any no global recession or any material change in Armada. My only worry is RI when the price hit 80 cents or above. Anyone has thoughts on the possibility of RI later, say when price hit 80 cents or higher?

Guys, it is important that we stand united especially the long term investors who have been through the ups n downs together on this Armada journey. I do believe together with all the taikos here, we hold substantial shares of Armada and can make a ripple here.

I do agree with RJ87 about the execution risk in particular with Yinson. They are getting big projects now but whether they can deliver is another issue altogether. I remember reading CIMB reports on Yinson and that's what is bothering them too.

Thanks, Robert for the insights.

Thanks, Robert for sharing the news on Barossa. Modec is definitely stretched, they are winning a lot of projects this year. Seems like they have an advantage over the others. I think Yinson is also close to being stretch assuming the get another award from Brazil and Africa. Not to mention, they are also the front runner for Limbayong too. Btw, any idea why Modec is only trading at PE13+?

Good to see fellow Armadians, Mabel n Micheal here too.

Panda, another gruesome company after Armada? Hmm....interesting....

I have been holding since Qatar crisis. It is rewarding but must have patience with this counter.

Good morning, Armadians. Here's something interesting.
https://www.bloomberg.com/news/articles/2019-10-04/signs-of-shale-patch-slowdown-found-even-on-the-west-texas-wind

https://www.malaysiastock.biz/News.aspx?newsID=69927