Hope research house / OTB will issue report soon. Haha

Anyone here going to AGM?

Walao, don't play play, If uncle comes in, TP is minimum RM 4-5 liao.

today no show

My understanding is that only those already recognized revenue but uncollected will be fall under RECEIVABLES. Those not yet recognized are not recognized under RECEIVABLES. correct me if I am wrong. TQ

azlan88 hi kakijudi, their recurring income is around 80% from software business. Their revenue for software (due to the ATM/CDM machine) has been consistently around RM 8 million per quarter and higher than hardware business. Last quarter revenue was exceptional like I mentioned in previous post and some revenue (about RM13 million) has yet to be recognized judging from their receivables. Q2 will be good, plus expected dividend too.
16/06/2015 21:58

YSPSAH过去几年净利漂浮不定，导致股价没什么起。最近两个季度因为营业额和净利都打起，股价就起了。

12/6 High 2.18, Close 2.11
13/6 High 2.28, Close 2.11
14/6 high 2.28, Close 2.26
15/6 High 2.32, Now 2.26

The only way to regain confidence is dividend windfall to shareholders, to proof that: Yes, we truly have such CASH in the company. But would they do it?
TheEdge recent report also says Chinese Company needs a lot of cash coz their biz in china are always in cash term. Pay in cash. What a good reason to keep a lot of 'cash' in the company.
:)

Auditor can check the reasonableness of the accounts presented to them only, to certain level.
Being audited does not mean free from fraud. Hahaha.

Top auditor also so what?
Auditor does not mean can detect fraud lo.
If company want to manipulate, auditor almost cannot detect, unless got special super audit lo.

Just my perception TOO

pingdan Not to pour cold water on you. See xinquan, another china company. PE only less than 2. Why still no people invest? Because investor have lose confident on china company. The only way to increase confident for investor is to increase the dividend payout. But is the company willing to do so? Or the company afford to do so? This create the investor question why they dun wan increase despite their high profit and high cash. Investor have no confident in the amount shown in balance sheet and profit and loss. So why investor will risk their hard earn money on the share that have high risk. Just my perception
14/06/2015 14:36

selling pressure NON STOP. hahaha

no chance to top up!!

Rosmah, enjoy your BIG day~

Really? Why hovid SH sell?

Wah got insider news. Fast fast act lo

Rosmah and Icon, what is the email about?@@

1) Record revenue and profits in last 2 quarters(net profit +70% in last 2 quarters)


2) Significant improvement in profit margin


3) Foreign currency gain when MYR weakens (2014Q4 gain 1.9mil; 2015Q1 gain 1.4mil)

4) Stable business, topline grows every year,defensive and profitable company. Fundamentally strong.

5) Growth stock: It won contract from Singaporegovernment last year. Its new manufacturing plant in Indonesia could go forproduction end of this year. New products registration every year. Growing export market. Current export market contributes 20% for topline.


6) Bright industry outlook. Pharma sector alsooutperforms broad market this year.

7) Reasonable valuation at PE = 13. There is chancefor higher valuation if the growth momentum is sustainable. YSP has the lowestPE compare with its peers.

8) As of 30 Apr 2015, Main shareholder hold 53.45%shares, Lembaga 10%. Top 30 shareholders already hold 78.72%. This suggest thatthe stock is tightly held with limited supply in market. In fact, the stock hasbeen very thinly traded in past, until breakout with volume on 15/5/2015, afterquarter result announcement on 14/5/2015.
(Note: Lembaga has been actively paringdown its holding since May15 to 5%++ only now)


9) No analysts cover this stock now.

Rosmah, Export % will increase over time I think.
I am actually wonder how YSP can gain a lot when MYR weakens? Soledy due to large amount of cash/assets/receivables in SGD (as per 2014 annual report)?

YSP imports main ingredients, but still manage to gain a lot in foregin exchange when MYR weakens.

Icon no need scare of ghosts, we can help you chase them away

Hovid profit not much growth due to capacity constraint?
No sure how much is YSP's factories utilization rate now.

Icon your TP = 3.88?

Who ate up so much.... T.T

duit, what did you mean by "ANyhow, the currency management in the treasury dept also become a major risk factor for YSPSAH now" ?

big shark also dump liao....

broad market is bad now but this stock also don't want to drop below RM 2.
Looks like seller is getting less and less? Selling pressure reducing?

Yes, future potential is further boosted!
Haha, i still wait for below rm2. can get ah?

From Annual Report 2014,
it mentions that Indonesia new manufacturing is SCHEDULED to complete in 2015 Q1, and EXPECTED to be ready for inspection by authorities in 2015 Q3.

So I think Indonesia plant has yet to commence operation and net yet contribution to YSP performance, right?

I think they can only commence operation in Indonesia after being granted approval by authorities.

Hope all this can be completed in 2015.

Thanks Up_Down.
This stock now commands lowest TTM PE among Hovid, Pharma, CCMDBIO, AHEALTH.
Time will come for rerating, when big shark accumulates enough shares.
Hahaha.

Above comments regarding factory output reliable or not?

Very low liquidity, they need more time to collect for enough shares before issuing the report! Need to wait....

Icon, when you got time please do part 2 write up. Haha

Icon, your reply is very funny! Haha.
LTH is short term player just bought few years ago, so he sell now better than sell later.

press down below rm 2....

While MYR keep weakening against USD & SGD, YSP should show very good foreign currency gain in current quarter~

Rosmah, how did you calculate IV?

No, just want to check whether my hope is realistic.
My hope: next qtr profit jump will continue to increase > 100%.
:D

Icon8888, what hope? haha

I see your point. There is possibility. But in KLSE still a lot of stocks trading above RM 14.

GOT bonus issue meh?

"Posted by newbird33 > Jun 3, 2015 12:49 AM | Report Abuse

Goods in transit is goods that was ordered but not yet delivered to Johotin's warehouse."

Did you mean JOHORTIN have paid for the goods but net yet arrived at its warehouse?
How long does it take to reach its warehouse?

big boys dumping?

goreng stock. game over.

Director selling! Wuhu

Icon8888, what is the write up about in FOCUS?

greddym3, what is your target price?

Hi Icon8888, don't worry. Thought provoking arguments are welcome. I like your posts anyway.

The market expectation could be right, the price and volume action look promising too.
I will wait-and-see if the company can deliver the result or not.

How's the credibility of the management team?

greddym3, thanks for precious info. Where did you get the info of LTKM share investments in other companies?

1000 TRUCKS * rm 40,000 = REVENUE 40mil
assume 5% profit margin, profit = 2mil
EPS = 2/268 = 0.7 sen
Current price = 15 sen
Forward PE = 21 ?
Future growth has been priced in right?

But the chart showing something interesting. :)