price should be correcting after hype cools off.

irrational price movement. D&O director said high PER doesn't matter for D&O because of great prospects. but then PEG is more than 2 now. that means, its still not cheap even with growth high growth of company being taken into account.

imagine what prestariang could do with thales in malaysia....so many security projects, not just SKIN.

astino cannot be worth less than RM1. matter of time.

don't get me wrong. the way i'm sounding now is to sell and yes...sell now. but steel price correction should bottom(not sure when) and then annjoo can buy again.

on the drop in malaysia steel rebar price, not sure...that you have to ask our experts gwansoo and leoting.

no. iron is a key ingredient in steel. and since steel is also a commodity, steel price will adjust immediately when iron price changes.

dolly, u used 24.23sen as your EPS. you have to take out RM3.1 million from net profit due to impairment reversal(this income is definitely one off and not recurring).

also i would take out RM4 million in FOREX gains because i think ringgit will strengthen. the current actions of trump and what is happening in the US will most likely weaken USD.....or stronger MYR.

just to point out, steel rebar prices have declined from 3900 yuan/tonne on 1 March to 3000 now. and its still sinking.

gwansoo and leoting, we'll see about how true your argument is. china steel price is actually still cheaper than malaysia.

but now, challenge this:

steel prices in china are sinking while weakening USD will also cause investors to flee commodities. we all know that stronger USD will cause higher demand for commodities and vice versa as they are US dollar denominated.

http://in.reuters.com/article/asia-ironore-idINL3N1H43GZ

ANNJOO profits is extremely sensitive to steel price movement. lower steel prices will cause their profits to sink.

compared to RM24OO-ish ANNJOO is commanding now. ANNJOO revenue(assuming same sales volume) will crash by 20-30% without safeguard duties.

lol US rebar prices are trading at RM1850/tonne by the way...doesn't need to be China

safeguard duties coming up for renewal on 10 April 2017. If no renewal, ANNJOO hancur

big time accumulation happening on friday.

its not goreng actually. 2nd catalyst won't push share price up by a lot but the first one(sale of vessel) will.

also exploring a strategic corporate exercise for their polymer business. another catalyst to push share price up.

actually daya made a big impairment on their vessel and they mentioned that they are negotiating to sell the vessel. the sale of this vessel will push the share price up very high because the vessel is a big burden

CAB will never deserve the valuations of QL (PE of 20-25x) because QL is much more efficient....their margins are around 7% compared to CAB's 2.5%.

you see....management only guided RM 1.6 billion revenue in FY18. assuming margins remain like the most recent quarter, we are only looking at around RM40 million net profits. At a PE of 10-12x, CAB is only worth maximum RM2.01 in FY18. This RM3.04 target price is unrealistic.

there were some one-off gains, also i notice the market values Success at a PE of 8.5x max. so maximum it can go is RM3.23

dolly_chai2, actually i looked into it in detail and counted again, the maximum TP is only RM3.23

got the target price at RM4.28. haha amazingly close.

alcom is worth at least RM1.30. check out how aluminium prices are moving.

the RM46m revenue in Q4 is actually very consistent with what the market thinks is happening.

well, good effort.....but those 2 mega contracts highlighted in green are not finalised yet if you read carefully. vivocom is not trusted by the market because it may be the case that their real orderbook(where they can actually start work and recognise earnings) is actually very little.

your number of shares is wrong. must exclude 20% stake of management team.

remember that their tax bill this quarter was only 8% because they had quite a lot of deferred tax. i suspect this is one-off. their tax bill is normally 24-25%. be careful.

i can't see why people want to consider UMWOG share option. only possible risk for icon is if the whole deal is called off and this is unlikely.

whatever the accounting treatment.....if you take a look at latest quarter results, Airasia Indonesia actually made a positive core net profit. small profit but this is extremely good news since IAA has been loss-making all this while. this could confirm a turnaround for IAA.

lol the author of this article sounds like an african scammer

lol please don't listen to ayamtua. whatever he says just ignore. but can't be worth less than 79 sen.

unicorn_park: cab cakaran had one-off gains in the last quarter....added up to about 7+ million. so it wasn't that great. but they are acquiring another company that would significantly boost their output. haven't factored in earnings from this acquisition but i'll prefer to wait and see.

tradeview: what was your TP for CCK if you don't mind sharing?

unicorn_park: that is a big mistake. you can't remove it because their feed operations(run by their newly acquired associate) is now a core business. in fact, producing their own feed now significantly reduced costs. cck cannot be worth less than 79 sen. matter of time.

hint: dividends should not be less than 80 sen. AAC sale will be done before February 2017 and dividends will be right after.

check again if the profit from JV is a one-off.....

other income is not recurring as well...