sold some at rm 2. cash out a bit first.

buy

pls the the rm2 order from me. i want to let go 20% first.

Not much, just enough to sell till 31.

Only one advice : background check the attitude of the owner of this company. He has no good record.

I do agree that Top will go to RM9 and beyond whether vaccine or no vaccine, but what worries me the most is that if Covid 19 virus is detected on glove from Top Gloves

Sold 1 lot at 26.10 just now. Will sell 1 lot each RM1 up.

承你贵言

thus i have to let go TP 2.70. Aim for 2.0 to 2.2 is good enough.

if i assume another 20% profit growth going forward, rm2.7 is still commanding pe 40.

eps is 1.4 if excluding the forex loss. The annualized eps is 1.4x4=5.6cts. To get my TP 2.70, it is traded at pe 48. Too expensive lor.

Lot of people just look at the summary table of the qtr result. It shows consecutive 6 qtrs of negative growth. It is very scary, at no time we should hold this kind of counter.
But if we adjust back the forex loss this qtr, it is turning around with 10% growth in net profit.

Disappointing result. If adjusting back the unrealized forex loss 2.56mill, net profit is 7.88mil which is 10% growth vs. corresponding qtr last year. With the adjustment, eps=1.4 cts/qtr only. How to justify for my TP RM2.70. Sigh.....

Lim Wee Chai said the company’s estimated div yield will be more than 6% in current FY8/21.
RM7 x 6%=div 42cts. Payout @ 50%, eps =42x2=84cts in FY21. PE 10, TP RM8.40; PE 20, TP RM16.80.

Thanks for the good write up. Gambatte!!!

your assumption for expenditure without kids at the later age is too high. The expenditure at old age will drop significantly to 60-80K depending on living style. You can verify these numbers with old couples surrounding you. If you go into you number frugally, the old couple instead can live a simple life just with the return from the assets/investment without withdrawing capital. In the worst case scenario their finance can last till their last day with combination of return from investment combining with partial capital drawdown.

After sold at RM24 the other day, I still got balance. Enough for me to sell till 30.

with consecutive 2 qrts of negative eps, have to say SAYURNANA to Edgenta

very beautiful QR result with eps 28cts/qtr. Heading to RM30-RM36.

I deem KGB's this QR result disappointing seeing a lot of others company's QR result increase by leaps and bounds. BY the way, I will still hold KGB tightly for the better result next qtr. TP RM2.0.

When biz is to close, a lot of time, its NTA will become liability as the owner needs to pay contractor to dismantle and scrap the assets such as machines, furniture etc before potential buyers have interest to buy the land and building. Thus do not believe in NTA when performing share valuation except few biz such as banking and insurance company.

Bought more KGB at 1.55.

Long way to go to reach 2.70.

Sold MPI at 24. Reaped 77% return in 3 months. Thks Carsem, thks MPI.

Time is approaching to year end, do not know why this year JHM does not give dividend ?

Tortoise JHM at last breaks 2. Heading to 2.50...Gambetta !!!

support

Thks for the sharing. I have earned a lot from MI with your sharing. Tqvm.
I have high confident that I will repeat the great earning from Inari.

Wow, very optimistic. OK I will keep half of my Inari holding along with you till 4.20. Gambetta!!!

Frying on what news ?

Aiya , I have missed the info. Anyway I will still stick to TP RM3.20-3.50.

I will sell 1 lot with each RM1 increase. I do not have another 76 lots to reach Rm100. So let you to earn the super big profit at RM100. Cheers !!!

Q to sell 1 lot at rm24, my first TP.

york york : surprise that you are in VS too. Yes, I have the same target as you for VS at RM3.50, same TP for Inari. Don't know if you are in JHM too.

Error, it is 3 months + instead of 6 months. Bought in Jul @ average RM1.58.

Sold all at 1.77. Profit rm8500. Enough to exchange for free spanner and screw at DIY for the whole life.

I q to sell at 1.80. Hope to see a match deal soon.

Many people said that PE 31 is very expensive. I have a different view. If we exclude the super abnormal MCO qtr Apr-Jun 2020 from the calculation, annualize the pre MCO 9 months, Jul 2019 to Mar 2020, eps would be much higher and PE is much lower. Almost all biz especially retail biz as DIY was very hardly hit by MCO qtr, including this abnormal MCO qtr into picture has distorted the true earning of DIY. What do you think ?

wow RM3.70. I love this TP.

Junx : you can get the announcement of the approval thru Bursa Malaysia

Need strong Q3 as a springboard to reach RM3.50

Yes, RM14 is coming soon.

TP RM20 is within reach. Raise TP to RM24.

Not 5, but 3 years since Nov 2017. What can I help ?

york york : another RM1 to reach target. Tqvm

If one does not have dream, it is alike salted fish.

yorkyork: I do not have Elsoft yet, would you mind sharing more news on Elsoft ?

One of the perspective of my judgement on a company is to see how busy is the biz of the company. I knew Inari is very busy since few months ago, but I only knew from your today's comment that Inari is running at full capacity since August. This is a very great news which strengthens my holding will goes even longer.

Before you were born in this virtual circle, I have all in into Inari.

yorkyork : judging from your spot on prediction on the great performance of MI, your prediction on Inari will be right too. I predict Inari to reach 3.20, which is insignificantly different from your 3.50. Cheers !!! 3.20-3.50, Chiak Bei Liao.