on one hand, CCM is poised to gain from the increased glove demand via the chemical and polymer(more profitable) offerings as they provide products at most parts of the production to glovemakers. On the other hand, the short term outlook for caustic soda prices are not favourable, not helped by COVID-19, which is the main revenue driver for CCM. It needs to fall closer to RM1 for it to have an attractive risk/return profile.

@lordY, thanks a bunch, really appreciate your response.

from what i understand - maybank is the sole secured creditor for the tuaspring plant. c.$500m SGD on an asset BV of $1.3b (but is now valued less). Unless it is sold for less than $400m (maybank already made provision for c.$100m), then there shouldn't be a need to write off any more?

anyone else with better understanding of the picture? As sole secured creditor they rank first (after the accountants ) in receiving the proceeds

personally think that it is not ripe yet to bite, expecting more unloading by the shariah funds. Big absorption at rm8.50 (31st Dec), but yet to tell if there will be continued buying.

see you guys at rm6.50

waiting at around rm2.20 to pick-up. Market sentiment isn't great right now, shouldn't be impossible to see that within the next 2 weeks. Those who are already invested, consider your investment objectives and style, then determine whether to cut-loss or add.

yf bro, still holding? :)

@jeremykid @yf24. good luck :) hope to see u at other counters. I somehow kept it because i wasn't paying attention around rm2. Will claim profit in a bit. huat huat

RM10 pass, WA rm2.50?

i thought want to claim WA profit at rm2. day started off weak and then i just ignored. mana tau again got show in evening hahaha. rm2.50 sell all

WA rm2 can consider taking partial profit but probably will keep some also. I don't have much, small time player only.

@jeremykid, not forgetting anyone, just that yf has been here with me for a while. I will always welcome friends :) make money together

Genting-wa, pos. Good calls chansifu. Hope u make many many monies

@yf24 huat huat!!

genting-wa still got room. mother stablilize at rm9 and above, rm2 lai liao

post 4pm push again. haha

correct. last time one lot is 1000 shares, now is 100 shares called board lot.

i think u got 2 options, sell when the rally continues again which might be the case next 1-2weeks, or keep it for long term.

@jeremykid, i think there is some profit-taking plus a bit of bad sentiments. No more pushing down i think. Last time they push down until 6.91, accumulation should be all done around rm7 already. As crude oil rallies and RM strengthens slowly, funds will buy this counter! rm10 also no problem

post 4pm push, high chance tomorrow will try to break rm9. genting-wa come come, i want to tapau some chicken rice to eat

Hi jayawin, i remember genting-wa 1.05 u say don't buy, 1.10 u say buy? now u say gaming tax go up? But no news confirmed also... If anything i wouldn't trust u.

this kind of stock, hold tight tight share price slowly go up its okay! :)

Needs more liquidity. With such amazing EPS and turnaround, share price is still cheap. It's not fair to just slap a PE of x10 on it, but the potential for another >10sen quarter is there, proven by this quarter. It's already 63sen TTM!

wa lai liao, chasing to mother. so little premium only.

i'm not even sure why you're comparing those companies......

@yf24 i think i will take profit around rm2, need bullets for other counters

Looks like many contra players are out today, selling on news.

Fatt fatt fatt lor. Really got show :)

later got show?? WA still big lelong now

hold tight tight. PE still so low...

Suddenly so many haters. hahahahaha.

Double digit revenue growth and doubling of profits not good then i dont know what is good. Low P/E. PB ratio less than 1 and more importantly healthy balance sheet.

At 4.16 it is a bargain to me. The turnaround point is when they bought the subsidary from the NCI.

my guess is ock

@oi88 good luck with your investing then lol

16sen EPS is really a turnaround for me, after the past few years of disappointing Q2.
New contract awarded is a plus!

solid quarter.

Don't think the results will be bad, the acquiring of remaining KESM TEST subsidiary has definitely helped alot in the increase in EPS as seen in the previous two quarters, aided partly by forex gains as well.

and yes, if you look at EBITDA, they actually have lots and lots of cash which will be great for capex.

WA lelong now!

i highly doubt it's regarding buyback. The last buyback was only 100k shares.....
Most likely some profit taking.

Technical SUI SUI LA

if hit 8.50, we shall see rm9 no problem :) KLCI rallying

please go promote your JHM in the JHM page and not at every other page.

why worry about the short term? if anything, share price not moving is a good chance to buy/topup :)

like a paperplane. don't worry, will up more than down

tomorrow one more round? seems like the trend a few times like this

@char1234 good to know you've done your own homework. for me, the price is attractive and the potential is there. Resortworld birmingham, genting 21st century themepark, potential listing of TauRx.

@char1234 can consider. again, do research before buying :)

i also know warren buffet in real person. bill gates, andy lau la david beckham also got.

everyday write buy and sell only.

please write with substance can or not?

waiting for show in the next 2-3 trading weeks :)

Let's all not go around hating each other here alright.
We are all here aiming to make money, if lucky, make friends as well.

Why not share information. Reasons for buying or selling the stock instead of name calling.

cheers :)

ahh so many people blaming yistock. Frankly, i like his articles because of the information. He never pester you to buy or anything.
If u cut loss today, you would have lost 20% only if you bought the day before. If you bought at 1.50 why complain. why never complain when he promote TGUAN? profit up so much.

make investment calls based on your own homework and stop blaming people.