With low interest environments it isn't not over value to peg a pe of 20. It means value of 20 pe then it is 770 with eps of 38.5.Your take?

The price looks like it is pre consolidation value. To me its price should be x4 or more after anticipated good q is announced. Your take?

This counter has normal dividend of 30% n above. Assuming during this pandemic dividend of 20% it works out to 9%. It is a Taiwanese co n it gives high dividend. watch out subsequent q to gauge its financial performance. Now it is under value and it on upwards trend.

Agreed. Just bought some for long-term.

Hard to guess its closing price. Most probably investors still not able to look into the real picture. If they realise, it will move. Keep for its value.

@Babyace,thanks. U r very prompt in your analysis. Agree with your comments.

Low pe n high roe n dividend (correction)

With so many unfavorable factors they manageds such creditable performance. With high pe, roe, dividend n good balance sheet. Good buy but sadly no major traders help to push the valuation. No worries, market will rerate it with such high liquidity. Thanks

Thanks very much

No quarter report ending March 2020?Please, anyone got any info? Thanks

Lim, good job!

It's a good stock but no active traders here. Don't u think they make more from business operations but write down their quoted investment. What is your take on their short n long term prospects with covid in Singapore ? Thanks

It is fluctuate around this price n tries to penetrate to higher levels but l think it is hinder by its loan conversion which is at 6.1 ringgit. Does anyone know how much is left of its loan. The traders wait for its depletion so it will be easier to push. Thanks

Indeed! With such pandemic and such results. Strong management n recent aggressive expansion. They spent a lot on future growth n with Bank Negara liquidity easing auger well their future growth. With existing low pe n other valuation looks attractive. I will nibble. But remember it is not a speculative but a slow n hope steady stock.

Captain star, he aly told u insider news leh. He will be in difficult situation. I have confidence in him as this cold forum would not further his motive of heating it that far. Someone has a strong hand in this counter trading, judging by its movement

Hope so. Thanks RoyalExpert

After going through the ar, Nsk came into scene to change its direction of many quarters of losses. If the soon to be released quarter, it manages to be profitable then the market may receive it with positive response. Your take?

The ar is out. Looks like the Co is doing well. According to the ar the revenue is expected to increase 30 to 40 %. I take 2019 profit of 18.8 m n average it to 4.7m per quarter. Then assuming the profit growth of 30% then the estimated profit for the first quarter will be around 6.1m. And compare it to the preceding quarter of 3.7 it means an increase of 65%.The market will receive this increase with strong fervour. I hope. Any comments?

Let's hope so. It is like testing our patience. Nsk seems to have replace their people to the board.

How has been the reputation of nsk? Pls share. Thanks

Good info captain star. I bought some based on my instincts. Today movement is in the consolidation mood. If nsk comes in to restructure VCB there will be hope. The holding cost for nsk for VCB is way above 35cts.

The loss was due to fair value loss loss of 15.1m for qouted investment.

Pls comment n share.

I agree with you, LiimInvest. Being in the high tech category n in high demand. Gloves are in the range of 60 to 90 P. E. n assuming a P. E. of 40 for Scomnet for the year 2020 n profit of 25m (according to Rakuten analyst) Scomnet is worth EPS of 3.9 multiply 40 =1560.

CINCAI, pls refer to Co announcement dated 31 Dec 2019

Cincai56, refer Co announcement dated 31 March.

Got it. Thanks. In this wide n wild stormy sea of risk, we need help n encouragement

This Covid will definitely derail its construction work in Singapore. But factoring this in I still consider worth holding for:
1.This Co could work to Singapore government strict requirements.
2.its balance sheet is healthy.
3.imagine Malaysian Co earning Sing dollar..
4.Singapore govt has big cash reserves.
Thanks. Pls share

As l observed the real-time trading, there are big players collecting this stock. They are collecting as the stock swing up and towards the closing bell they would suppress its price. Correct me if. I am wrong.

According to reports they are in the process of applying to main board. If it is approved will the market revalue its value? Please share.

Modera report positive data on early stage of finding covid vaccine. Scomnet is producing high technical medical devices used in icu., which are in high demand now. Scomnet's dip today is in response to the development of vaccine. The final effective n safe approve vaccine is still a long way to go. Somnet by studying its potential has long way to go. I hope my assumption is correct.

Thanks Investor 9999. I will write my complaint.

Thanks Investor 9999. I read the financial report n press statements deligently and based on their good prospective l bought the shares. I was the victim of their fraud. There are areas that l like u to enlighten me:1.how to write in to SC. 2.could there be collaboration of majority shareholders and auditor and punter as the shares was actively played up?
I would like Investor 9999 to help us all the way to seek justice for minority shareholders. We are very grateful.
I would appeal to all the minority shareholders to to stand up n seek our rights of protection.
We cooperated in with Investor 9999 in everyway possible.
Meanwhile prepare n gather our proof of our loss due to the their intentional misdeeds. Thanks

Thanks for the video

Thanks for the information. Factors favour this stock: rerating for health stock is huge, the Taiwanese directors meant business, the balance sheet is healthy, and lastly low interest rate is favourable too. I have decided to keep this to see its potential. Your take?

This stock is due for rerating. Its product seems quite hard to be replaced immediately.

No wonder traders show little appetite to eat up the sale volume. Is it related to the fear that it is involved in the scandal. Let's wait.

Technically it is weak n it certainly hasn't found its bottom. This co used to be profitable n now it incur loss. Previously I intend to hold long term but now I have lost faith. Sad. It is in recession free industry n with huge pile of cash n it still cannot make money. Another factor is someone knows its qr is no good and it play up its price to sell at the expense of small shareholders. Cunning n malicious.

Thanks gentlemen u all got substance n all can become my reference. At least at such difficult times it is soothing to hear u all are there. Last let us agree to disagree.

Look like temporary bottom is forming. Let's hope it is share price manipulation not company health n financial scandal that cause the downfall. I wonder why they paid tons of money to subscribe to the rights at 90 cts n let it free falls. Please share. Is it some sort of margin call. Personally I like this counter. Imagine 885 per 1000 shares to own its licensed insurance business.

@Kser thanks for your info.

I just read the qr and there is other income of 8.5 m(comprising debt n insurance etc). The profit of 23 m minus 8.5m equal only about 14.5 m.

Market is bleeding n good news are often not factored in. It is interesting to read your take. If we can reason it out rationally,it will be very helpful indeed. Thanks.

Some reasons make it worthy of attention :1.it has 400 m in its coffer. 2.it has right of reinsurance business 3.its business is almost recession free. Its drawback is team of people working who lack dynamic n dedication. With pH government it may change. What is your take?

Many would like to thank you for the link, David.

David, many would like to read your link. Thank

Such huge capital outlay n the profit is kacang puteh. Initially hap seng invested, is it to lure innocent investors n it portray there is gold for eazy picking. Could it be a veiled gold scam? Investors lost millions here.

The result show slight drop n it may herald better results going forward mainly because its coffer now has 400 m right issue money. Another development which we all waiting will new pH government may take serious look at it as it has tremendous prospects n the existing management is very lethargic n anaemic.

I placed order at a slight low but they refused to sell u. It is a tightly held stock.

In my opinion, there is still some upside as the major shareholders still in the great negative territory. Please share your take.