Calvin don’t know its fundamental. What I understand is that the cost price is subsidised by Petronas. Only ASP depends on market price. So the impact on margin is not that significant compared to Lotte and other chemical player regionally. That’s why people hate Citibank coz Pchem is not only dependent on the chemicals prices. There are other factors that will support Pchem like Rapid, huge cash balances etc.

Next Q2 results shd be better coz shipment delay in Q1. Profit around 900m-1bil. Positive qoq and yoy.

I said Buy. Rapid!!!

I3lurker, u sound like want to push price down and take opportunity to buy it low. I understand u missed the boat when price rebound on Friday. Please use ur wife money to buy other stocks. This stock not going to wait for ur wife money lor.

As expected, the person like i3lurker will instil fears to investors as the first bullet (using Citibank without basis) already muted. I missed the rebound but I will either enter at bottom next week or if price rallied further, I will only invest when it starts to stabilise. Bite once, twice shy. Why? Coz we have stupid institutional funds influenced by Citibank.

I will wait.. don’t want to get double whammy from yesterday cut.

Good. Still have chance to buy back lower today. Rule of the game, play along with epf.

If tmrw up, damn epf. Waste my money.

Too bad. I cut loss everything today. Want to buy again at bottom tmrw or next week.

Btw. I gave up. Just play along with epf next time.

Someone told me the real reason why EPF did this is bcoz they want you guys to buy Lotte TiTan They stuck with Lotte for a long time since IPO and I bet u citi must have already promote a buy call for lotte. Then when u guys buy lotte from epf, they will start buying back Pchem. Just my two cents

Aiyo, Citibank again. How many times they missed forecast for Pchem and yet people believe them this time. Influential among stupid institutional funds.

Affin TP rm10.10

Lol Rapid will only start next year of course no uplift ma

Bursa / SC should have monitored this manipulation games especially on this index stock

At one point the seller disappeared if you monitor closely, U can see the the sell volume is just minimal. Some one (1 player) is trying to manipulate the stock price. If about fundamental, then the stock shd have been corrected in the previous months but why now? Haha

Index stock sure got support. Someone trying to bash down the stock and accumulate it at low price as growth will come next year from Rapid.

8.8 is the magic number. Hahaha.

Again.. Trading at 50 - 60 sen entry points

Shit results -70% qoq yoy

Woodstock, you should read previous comments. The profit was one off sales of land. Exclude that not that great. Should collects around 55sen. It’s trading mode now. You can make multiple gain from trading. 55-65sen

Long way.. 50 sen entry point

Secret weapon dah outdated. Wait until 50 sen.

I’ll see price to bottom at least 0.40 to 0.50 sen.. better go for credible one like sunway and aqrs (both of these companies have shorter duration projects and faster recognition of earnings)

The only issues like I mentioned before is low margin, long duration projects (pan Borneos) - see other companies involved also having problem of delay execution - these projects are just too slow - market priced in as well and execution risks. Better go for manufacturing companies instead.

Revenue drop quite a lot (execution quite slow), bottom line is supported by gain on land disposal of rm3 mil. That’s mean core margin still lower around 4%. Still concern on new job replenishment.

Management has started buying...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5606929

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5605269

They bought more earlier of the year but never saw they all selling..

Lucky who bought at low today. Shit. I missed that.

Look forward now

Bro, what’s with tomorrow? Q3 past already

So tempting to collect. Haha. Price is low as well as PE compared to peers.

will the cost normalise next quarters? If it so, then sales and profit for next q will be higher.

Just noticed that ytd profit is still higher than last year. Still confused on which level to re enter. :)

Think we miss one other company, Ahmad Zaki should get one. Things are getting competitive here :)

Possibly balance is 3.5bil each of remaining will got 700k. Potential other names to get were Gadang, Fajar, Gamuda (tunneling) and ijm.

No wonder price doesn't move up

MRT 2-related job is actually JV. KKM owns a 55% stake with the remaining 45% owned by TRC. The effective contract value to TRC is just only RM156.7m. People that always push this stock will not tell you the net value is actually much lower which is rm156.7 mil.

I'm done with lrt3, mrt, what Eva monorail job play. It's all priced in and one thing that they will not tell you is these jobs margin might have very2 low margin of around 2-3% due to desperate of getting awards/top line while jeopardising the margin/bottom line (bidding lower price than competitors). This also applies to other stocks such as wct, gadang etc. That's why price doesn't move up when getting those contracts/awards.

Still no boost... really disappointed with lrt story play...

Shit. Only 2% up. Why no boost?? Why wct also no boost after awarded lrt3?

Thought that WCT orderbook is 5x higher?

Why WCT price drop more than 2% today despite of new big contract. Is it bcoz investors already priced in the contract before? Afraid the same will happen to trc.

I read that only 2 left in Aug/Sept. must be big companies. The rest small companies later this year lor.

Oit. Where is CCCC stand in GS... ?

Why only WCT?

I'm still disappointed with the margin. Is any new awards will help? Is share priced in already as price now is at all time high. Further, the duration of projects exiting or new is on long term >4 years. Is that mean revenue / profit recognition would be longer?

No firework lor? Q2 margin less than 2% only, wonder 3q and 4q also the same with 2% margin?

Possible but difficult to get more than 90 sen given large orderbook duration mostly 4/5 years like gadang.

I'm now really confused, why price suppressed mean good things will happen? Wouldn't price suppressed mean investors sell down the stocks on the pretext bad things will happen.

Yes so much job win even before the latest hospital contracts. But why the share price does not reflect it. Is it bcoz all contracts are long term 5-7 years contracts? That's why mgmt trying to keep it secret on the duration?

Feel weird, why the share price does not really move earlier with 1.5bn orderbook (ex hospital). Is it bcoz all contracts are more than 5-6 years? Please advice

Hospital construction duration normally average 6 years. Might be longer for govt hospital.

Pig, did I argue this everyday? And I only send the link after six days. Btw. Won't I already mentioned that the sales also coming from Dyson. The quarter results sure good one. But next year will be impacted by Keurig. No guarantee the contract will be continued. That's only risk. I never recommend buy or sell. So don't be mad at me posting the news. I understand you all vsi fanatics. Bye.