dawchok

dawchok | Joined since 2020-05-01

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Stock

2020-05-16 16:06 | Report Abuse

You must have a typo on 150% , the reasonable number is 15%.

News & Blogs

2020-05-16 15:45 | Report Abuse

1st of all, thks Bursa D for the good write up.

I would like to share history of this fishy company for those having interest on it.

1) In 2012, the factory caught in fire. Then the boss said they would put even more stringent measures to prevent fire happens again.
2) In 2017, the factory caught in fire again. This has discredited word by its boss(same person in charge till today). Any man can make a mistake; only a fool keeps making the same one.

3) In 2013, the company painted a beautiful biz opportunity in Silver mining in Australia. The company wrote off RM9.8 mil investment in Silver a year later. This was the second discredit action by its boss(same person). Will the same impairment happen on beautiful face mark story ?

4) In 2014, the company painted another beautiful story to invest into selling smart phone thru e-commence. End result was write off again. This was the 3rd discredit biz decision by the boss.

Be careful if you want to believe this face mask story. I wish this time is a success story instead of cash burning exercise again.

Good luck

Stock

2020-05-14 12:44 | Report Abuse

Only 100 units ProXmask 90V sold so far in Lazada. How to make profit with only 100 units sold ? Conclusion, this is another story exaggerated by Big Mouth Singapore Eng.

Stock

2020-05-08 15:53 | Report Abuse

The only reason that this stock dropped sharply after the 2018 GE is no more JibGor as PM who is also Golf buddy of boss of GK. Consequently the very profitable Engineering(Construction) biz which is the catalyst for the GK's price rally in 2017-2018 vapors immediately and so the beautiful rally of GK. Profit from water meter biz is not lucrative to justify RM2-RM3 for GK.

Stock

2020-05-07 17:30 | Report Abuse

I believe profit of FPI will be affected by Covid-19 for more than 20% and dividend next year will be lower than this year, 11 cts.

I am waiting to buy MORE FPI below 1.30. The reason is that 1.30 +0.11 div(paid in Apr)= RM1.41. 1.41 is just 13% discount from 1.60 which is the average price of FPI before Covid.

If you are eager to have FPI, in fact 1.30 is not expensive too. If I have not had FPI, I will buy now. Good luck.

Stock

2020-05-07 17:07 | Report Abuse

Vietnam's garment exports fall 5.8 per cent in 4 months.
https://klse.i3investor.com/blogs/kianweiaritcles/2020-05-07-story-h1506940031-Vietnam_s_garment_exports_fall_5_8_per_cent_in_4_months.jsp

Magni's main factory is located in Vietnam. Don't know how much is Magni's sales affected ?
However if we keep Magni for more than 1 year from now, I believe its price will be higher than the current RM1.86. Cheer !!!

Stock

2020-05-06 14:39 | Report Abuse

Having debate from two sides will be more reflective to the actual situation. I appreciate and thks for all arguments.

Stock

2020-05-05 12:38 | Report Abuse

Watch out! It's boss is connected to OSK and does not have good reputation in the industry. You may "google" his history to verify.

Stock

2020-05-02 12:25 | Report Abuse

For the past two years, Comfort was trading around 85 cts. This is the base value of Comfort.

Now, with factor of Covid 19, let's make these assumptions :
1) the idle capacity is now fully utilized - contributes extra 15% profit.
2) 10% increase on selling price due to high demand- contributes extra 10% to profit.
3) Upcoming extra sale from the newly installed machine(6 lines) - contributes extra 12 % to profit.
4) 15% extra valuation due to market hype"

The best valuation = 85cts x1.15x1.10x1.12x1.15=RM1.38