Very rare upper court will overturn subordinate court decision.

everyone here are throwing insults at kyy while the yellow haired gorilla is romping around in the room and wreaking havoc on world markets everywhere

https://www.cnbc.com/2018/04/05/trump-asks-us-trade-representative-to-consider-100-billion-in-additional-tariffs-on-chinese-products.html

Round two + GE announcement = Perfect Storm

recalculate base on annual eps RM1.00. At least still better than Shell

All the way down to RM7.00. RM7.50 already achieved.

KLSE index hasn't burst yet Only down 0.6%. Should see plunging 10-15% at least.

Wait DJ drop another 1000 pts today

Just wait for his next tweet. Money there.

After the tariff crisis we have to contend with GE and then another next two disappointing QR which hopefully by end of next week, the market would have preemptively factored in the price. Too much noise and turbulent at the moment.

HY came from teapot refinery background so they may not be too sophisticated in PR due to corporate culture but that aside I think they are doing ok. Just mellow down our expectations.

http://klse.i3investor.com/blogs/icon8888/127720.jsp

Research article by icon8888 written back in Jul 17. Afterall is right. Parent china company was originally one of teapot refiners in shangdong.

Not only being investigated probably threatened with jail time. Fine doesn't scare an old rich man anymore. They would squeeze every single sen out of the profits kyy made fron HY and JAKS. Come in handy for the GE.

kyy blog been suspended.

For those bloggers or promoters deleting incriminating posts is no enough nowadays unless you acid wash the data in the servers of hosting sites. Unless you are loaded like crooked Hillary Clinton, you simply can't afford to do that. GE coming and BN needs money and needs to win. Sleep well this weekend.

Let the price settle around 7.0-7.5 before re enter

ignissimia, what happen if the MM cw is under subscribed which seem to be the case of CG?

Is there a minimum cw subscription requirement by Bursa before it is listed. If so how much in % the MM is allowed to keep for itself?

When ang moh kow doing the same thing and suffered huge losses for three year straight, Shell price was 8-10. When HY made less profit share dropped from 19 to 9, so is it not that ang moh poop even smell fragrant?

I guess even if you spray HY with Chanel No.5, its will still stink.

HY volatility is solely boils down to China owned companies' issue of perceived credibility or rather lack of it. Essentially it producing and carrying Shell brand products.

Despite it itself owned by the largest refinery in China with far advanced technology than the original plant in PD, good financial backing and show excellent performance so far, somehow the market still find it hard to accept it is genuinely serious in refining oil as a business in Malaysia.

China companies really need a corporate image makeover.

PER 2.9 is how much the market willing to rate HY for a RM3.03 EPS.

Wait for it to go below 7.50 before even considering buying. Two more cw with exercise price of 7.00 to go by end of this month.

The other two cw exercise value priced at 8.80 and 8.88, Kenanga and RHB already safe and sound.

At this level all the IBs make plenty of money. Minimal redemption. Screw them all.

Badman 1, very true, You cannot be too cautious here. Too different many masks behind same person. But HY is a share that defies rationale. FA & TA are not applicable. The only way to win back investors' confidence here is to issue bonus share

Icon8818: In which part of the report that says inventory gain of RM200 million? In fact stocks actually went down from RM1.263 billion to RM1.110 billion.



Icon8818 Despite inventory gain of 200 Million, the gross profit is merely 350 Million. This means margin had dropped just like PetronM by 50%.

It is too risky to hold till next qtr results - there could be inventory loss!! Earnings has high chance of making a big loss!

Price will collapse next qtr.

The more blood spilled the better. This is the right time to get greedy.

I'm happily buying. Hope it drop to RM10.

ChampionCw , come on stop complaining. kyy took the trouble to provide detail analysis on HY prospect and put money where his mouth is. The rest is up to everyone when to buy and sell. He owes us nothing and neither do we owe him anything when we made money during the rise of this counter.

correct correct correct.. huge wave only can do day trading

Should refer to Mogas 95 for Malaysia

Can the investment bankers which issued HY call warrants buy back their own warrants to lessen their exposure before cash settlement? If yes, then they may affect its liquidity and manipulate the price.

Whatever cost increases will eventually pass down to the customers as gloves industry is a growing market and demand driven.

Also Malaysia being the largest world supplier, it will to a large extent influence global pricing. As long as Comfort continue to expand its capacity, manage its margin well and focus on product differentiation in order to maintain its market niche, it will not be surprising if the price hit RM1.50 by end of 2018 or even sooner.

no firecracker..really disappointing. have to wait another day

But revenue down to 106.5 mil from 114.6. So profit comes from cost savings and lower raw material. No really impressive..

Hope is like Hengyuan case. Stock hardly moved until after QR released on the last trading day. Next day, it gap up with record profits.

Sharks road block today again..

ks5S can you please ask your insider when want to release the QR leh? Everyday only watching other glove counters hitting all time high.

QR still no show

Ooo.. better than Malacca Securities TP1.30

Last year FY17 was on 19/12/16 (Monday), FY16 on 11/12/15 (Friday), FY15 on 15/12/14 (Monday) so is either this week on Friday or latest by next Monday.

Hahaha... smart mover Will911

Will99... they are just trying to buy cheaper. Can't blame them.
As for me, I am still busy collecting. With recent passing of US tax reform and improvement of US GDP, USD will continue to grow stronger from recent reversal. Coupled with supply and cost issues in China, just buy, wait and see. Anyway, this counter is solid counter with excellent fundamentals and management team.

Buy when everyone shout FIRE!! and run for their lives.

Just buy. Remember the last round before the sharks push it all the way 1.10 from 0.895. Peak at 1.18 was due to Top Glove drama so it didn't really count. Rationality tells us all the fundamentals of Comfort is all intact.

Thanks to all the master share Jedis for keeping faith here, may the force be with you until TP50.

https://www.thestar.com.my/business/business-news/2017/11/14/msci-adds-nestle-press-metal-sp-setia-into-malaysia-index/

Best ever quarter !!

Next move to VS. Heard October delivery to Dyson this year is still very strong unlike previous yearly trend.

Possibly Wenson Ng real name

I think Comfort net profit margin will rise higher than 9.5% due to these reasons;

1. latex cost down in Apr-Jul average RM573 from Feb-Apr RM723 that is a decrease of 20% given raw materials stock holding of 3 months

2. their operating overheads would remain relatively stable as cost control is part of the management focus point, in fact it gradually decreased over previous quarters trend

3. higher sale volume from production capacity expansion and sustained high market demand as generally reflected by other glove counter quarterly reports

These three factors is sufficient to overcome the impairment of USD exchange rate during this period.

Usually, Aug and Sep are peak months in Dyson supply chain deliveries before it tapers off after sufficient stock up for the festive season but apparently Oct also turned out strongly for this year.

Stock markets drop everywhere in US, Asia and Europe due to fall in oil prices but rumours flying around our RON petrol 95 & 97 going up again by 6 sen & 7 sen tomorrow.

Nothing to do with EPF. Generally, market everywhere drop.

Quarterly results will be announced on 25th of this month, just another 2 weeks to come. And it will be the best quarter ever. Don't you think those funds managers already got a wind of what's coming for July to September quarter by now?

Of course the big boys will press the price down so they can collect at cheaper prices. Why play into their hands?

Just hang on for a little while longer.

As a prime contractor, when US Dollar goes up in tandem with its interest rate. Dyson will normally allow for price adjustments to reflect the higher exchange rate as raw materials which are largely imported such as resins, nylon, motor are all quoted in USD. All Dyson prime contractors price their merchandise in RM.

Jul-Sep sales to Dyson peak in this quarter. Expect another increase in profit.

Bloodbath everywhere...so many got cut down to pieces today.

All these because Tan Sri Lim said something so intriquing to glove maker speculators. Indeed a truly powerful man.