all those promoters of mudajaya.. laughing their ass off and waiting for a discount !

Olga hewiester Olga.. those that have moved up alot, will fall back bc goreng kakis are pushing the price ahead of d results. I doubt this will happen to lsteel bc volume has been low n price hasnt moved that much. Be fearful.. if they have moved alot.
27/05/2017 08:14

i do hope so hewiester.. if not i can add :)
27/05/2017 23:26

Thank u lsteel for dropping.. can u drop more?

let's see if a kaboom takes place tomorow here...

malaysian gloves top quality..

malaysian condom bad quality?

special packaging until coma.. hehe

all good results also down.. all bad results also down.. sell all they want..

gg

hahaha
gg...
not too bad i hope..

gg

Doer personal think it is good counter and with cash rich in hand. company just bought land for expansion. Observe for quite awhile n share price ard this range no big fluctuation. Perhaps waiting for time to boost...
28/05/2017 14:23

JUST WAITING FOR QOQ TO BE RELEASED.. AROUND THE CORNER.. AND U WILL HAVE A CLEARER PICTURE.. LASTEST UPDATE ON JAPAN ACQUISITION AND PERMIT ISSUE TOOK A SET BACK, NOT A LOSS YET.. PENDING FURTHER DEVELOPMENT.. ANYWAY GOOD EARNINGS COUNTERS ARE DOWN TOO, SO IT IS FOLLOWING THE MAIN TREND.. IM WAITING TO BUY AT LOWER PRICE IF QOQ IS STILL GOOD.. BUT THE NOSH IS TOO SMALL, SO THE PRICE IS DIFFICULT TO PREDICT

hewiester Olga.. those that have moved up alot, will fall back bc goreng kakis are pushing the price ahead of d results. I doubt this will happen to lsteel bc volume has been low n price hasnt moved that much. Be fearful.. if they have moved alot.
27/05/2017 08:14

i do hope so hewiester.. if not i can add :)

probability Earnings volatility was precisely due to low crack-spread earlier, as its earnings was spiked by the stock gain and loss in sequence.

With higher crack-spread, you wont see this thing taking place anymore.

To give an analogy, one cannot view the tsunami waves (stock gain /loss) which cannot surface when its in the deep seas (higher crack-spread) as much you can see it at shallow sea depths (lower cracks-spread).
27/05/2017 20:42

Probability, i got what u mean.. thank u very much once again! :)

congrats to lsteel.. the management can be trusted as said in thestar in early may 2017.. rebar is the new driver for lsteel..

but there is a funny trend happening and i wish it not to happen to lsteel.. as in the case of annjoo.. profit taking..

probability and mincai, thank u for all your sharing..

There are risks/uncertainty on its margin.. oil price, myr/usd.. hence the low pe.. need to par down the debt, no dividend?

but for near term, margin should be maintained.. no more spike in earnings?

even without the spike in earnings.. consistency will give a higher pe..

Please comment/argue as much as u want so i don't miss out anything, ty.

By probability

the thing is both petronM and HRC did well purely because of improvement in refinery margin despite stock loss.

1. it is highly unlikely to end up with another stock loss end Jun17.
considering refinery margin date provided by Jay...and knowing there is only another month to end Jun17....next qtr results should be even more spectacular for both.

2. HRC had even increased its inventory by end of Mar17. So the cash flow ending next qtr should be fantastic...

3. Debt is a double edged sword....if the refinery margin is going to sustain..the sword is definitely pointing at the opponent and HRC will be winning.
26/05/2017 12:34

1. yes.

2. this one looks promising..

3.1 Repayable in half yearly instalments, with the first instalment falling due on 21 June 2017.

From Qoq:

USD200 million Term Loan I
This loan was fully drawndown on 22 December 2016. It is repayable in half yearly
instalments, with the first instalment falling due on 21 June 2017. The principal is repayable
in the following tranches:
- 10% of the principal amount in the first 3 consecutive years from the first utilisation date;
- 20% of the principal amount repayable in the 4th year; and
- Balance principal amount repayable in year 5
The loan requires repayment of the outstanding balance in the event that MHIL cease to
hold, directly or indirectly, beneficial ownership of 51% or more of the share capital of the
Company;
The loan is subject to interest at LIBOR + 3.5% per annum;

USD150 million Term Loan II
The Company drew down USD120,119,093 of this term loan during the year. The loan is
repayable in half yearly instalments, with the first instalment falling due on 21 June 2019.
The principal is repayable in the following tranches:
- 10% of the principal amount in year 3
- 20% of the principal amount in year 4
- 70% of the principal amount in year 5
The Company is allowed to draw on this facility up to the lesser of USD150,000,000 and an
amount equivalent to 85% of cash deposits placed by Shandong Hengyuan Petrochemical
Company Limited (an intermediate holding company), as required by the lender.
The loan is subject to interest at LIBOR + 2.0% per annum.


therefore... repayable in half yearly instalments, with the first instalment falling due on 21 June 2017.

3.2 MYR is doing well..

From Qoq..

The Company also recorded a net gain on foreign currency exposure, mainly on trade receivables as MYR gradually strengthened against the USD during the quarter under review

But,

Refinery margins are expected to remain uncertain. Operational efficiency, product quality and
financial risk management will continue to remain the Company’s key focus in maximising margin
opportunities for FY2017.

i don't understand mandarin but i love china..
but for now remiser = hengyuan = petronm ??

well probability, honestly i like ur comment.. ur good at what u do..

probability what does China or chinaman have anything to do with refinery margin?
does the hydrocarbon composition gets changed? No

i only see them having the potential to reap maximum benefit with very low cost of capex (precisely the reason Shell justified sale to HRC instead of other buyers to ensure the plant survives and continues to supply to their retails segment which they still hold).
26/05/2017 10:30

Is there a problem with liking china?

Olga BUY Hengyuan.. i love china
26/05/2017 10:23

BUY Hengyuan.. i love china

BUY Hengyuan it just started..

wjboyz soon unimech will sell to mbi. dun ask me how I know... prepare urself.
24/05/2017 14:46

wjboyz yes got info say mbi will buy over part of the company.
24/05/2017 14:55

mbi is like mface its just like jjptr.. mbi buying into unimech?

seriously, i don't want to ask u how u know but are u sure? hehe

i understand penang is a place famous for money game..

by the way qoq is out..

FGV !! i love u !! gap it up !!

it should be understood that palm oil is essential to china.. china has always been piling up stocks for palm oil.. of course there is another alternative but in the end they can't do without palm oil and its products.. and china market.. just look at oldtown..

Good one to all !!


Woo John MOU collaboration with Sinograin Oil Corporation of China to explore business opportunity. Positive deal.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5426137
15/05/2017 13:36

稻田·* 片片绿青~粒粒芳香 Finally, Press and Bursa reveal it.....

Those who got early "locked" at cheaper price ..... congrats!
15/05/2017 14:00

The One • In the news too.. bolds well for FGV..

http://www.theedgemarkets.com/article/fgv-inks-mou-explore-supplying-palm-oil-products-china

just my opinion, at this rate, it's not fast for lbalum.. lbalum can go faster..

isaac225 don't too fast..must slow and steady..today will close around .76 ba
02/05/2017 14:57

It is happening right before your eyes..
Hope u have sold earlier and bought back..
Hope u have hold or add on when your entry price is low..
Hope u don't sell too early also..

and congratz to all the above mentioned..
no comment to the rest..


Olga papaya Olga i think support at 0.705 break is good.. if not hard to go up
13/04/2017 08:16

Now really hard to go up.....kikikih
20/04/2017 16:06

Olga Olga Olga Olga i think support at 0.705 break is good.. if not hard to go up
13/04/2017 08:16

just wait and see
15/04/2017 02:27
18/04/2017 08:32
19/04/2017 11:03
01/05/2017 22:38

:)

papaya Olga i think support at 0.705 break is good.. if not hard to go up
13/04/2017 08:16

Now really hard to go up.....kikikih
20/04/2017 16:06

Olga Olga Olga Olga i think support at 0.705 break is good.. if not hard to go up
13/04/2017 08:16

just wait and see
15/04/2017 02:27
18/04/2017 08:32
19/04/2017 11:03

haha stuck for the near term.. bad qoq as expected..

gogogog pantech https://klse.i3investor.com/blogs/2017picks/121183.jsp

this counter is telling u to "DIE, DIE."

alibabacoming olg olga
08/03/2017 09:58

alibabacoming bonia
08/03/2017 15:04

Olga bonia good? padini good la..
08/03/2017 23:38

PADINI
http://klse.i3investor.com/servlets/stk/chart/7052.jsp

http://klse.i3investor.com/blogs/candlestick/121159.jsp

*not asking u to buy

BONIA
http://klse.i3investor.com/servlets/stk/chart/9288.jsp

Olga Olga Olga Olga Olga Hahaha..
22/02/2017 22:58
27/02/2017 23:27
08/03/2017 04:39
15/04/2017 18:35
20/04/2017 08:32

Olga Olga Olga Olga Hahaha..
22/02/2017 22:58
27/02/2017 23:27
08/03/2017 04:39
15/04/2017 18:35

Olga Olga Olga i think support at 0.705 break is good.. if not hard to go up
13/04/2017 08:16

just wait and see
15/04/2017 02:27
18/04/2017 08:32

Olga Olga i think support at 0.705 break is good.. if not hard to go up
13/04/2017 08:16

just wait and see
15/04/2017 02:27

Olga Olga Olga Hahaha..
22/02/2017 22:58
27/02/2017 23:27
08/03/2017 04:39

Olga i think support at 0.705 break is good.. if not hard to go up
13/04/2017 08:16

just wait and see

i think support at 0.705 break is good.. if not hard to go up

to be honest.. there are advantages and disadvantages in canone.. but the bottomline is this: can canone face the uncertainty and do well, then it can easily clear its debt off and no more worries? or something happens along the way that canone finds it hard to be profitable, like price of raw material surged too much.. or nothing happens at all and revenue and earnings all stay stagnant n after any years the debt has been paid off..

part 2: even if u get it all figured out.. now can u figure out how the price of share of canone will move? maybe canone is gonna make a big profit next qoq, maybe.. but price did not move up.. or price moved up and everyone thinks the next qoq will surely be good and it turns out bad?

Conclusion: the writer did a good job on the points he has mentioned. Whatever points he did not mention if anyone would to point it out and share is also good.. but currently, in my own opinion, just mine, canone needs to show the kind of results that is above expectation from the capex they have put it. no doubt its business sector is good as demand is there but the demand growth is what we want, isn't it? and on the downside, the risk of it to fall is of course there as the margin of error is slim..

Ready for take off

This operator is good..

hehe.. its a slow n long movie..

Good morning.. time to fly guys

http://klse.i3investor.com/blogs/icemilkinvetment/119961.jsp

goodnight LA777

Looks like its tmrw.. bye..