Followers
0
Following
1
Blog Posts
0
Threads
671
Blogs
Threads
Portfolio
Follower
Following
2017-01-09 11:42 | Report Abuse
Heart pain sure got la well, but u all should know i've been talking abt notion when it's <40 cents.. I exited with 50% gain already... so it's still a good profit.
Even if I didn't sold at 57, i would still have sold at 61 cent, so i'm quite sure I won't hit the 66.5 cent max which happened today.
You can't always get the bottom, and can't always get the top. Once u accepted this fact, there's no need to heart pain.
2017-01-09 09:45 | Report Abuse
Party is over, profit taking/cut loss coming up. U traders pushed it up n now u will take the fall
2017-01-06 09:30 | Report Abuse
For those buying in at 63cent plus, mind to share why r u buying it and what TP u want to sell? Assume u want a 10% profit at least, ur sell price would b 70c, and assume the buyer at 70c also want a 10% profit, he would sell at 77cent. Is 77++ cent possible at this moment? I think it may have gotten overbought with the sudden interest in this share. Just my 2cent here
2017-01-05 19:15 | Report Abuse
another 1 cent dividend, seems like someone got news ahead of this @@
2017-01-05 10:53 | Report Abuse
You cant get the bottom, and you can't get the top.
2017-01-05 10:52 | Report Abuse
Let's see how it goes, big volume can be destructive volume as well if those volumes are from weak hands. You make your buy n sell decisions based on your best decision, so let it be ba....
2017-01-05 10:15 | Report Abuse
@@ i've exited my positions already... but looks like I'm gonna regret it. Lol
2017-01-04 16:02 | Report Abuse
yes, immediately after my 54 matched, jumped to 56. wtf.. lol
2017-01-04 15:29 | Report Abuse
it's been a crazy few years indeed.. fyi i took some profit at 54+
2017-01-04 09:30 | Report Abuse
Is the spike up these 2 days, from traders who will pump and dump once they hit their target, or is it from longer term investor who will hold.. that's the question now...
2017-01-04 09:28 | Report Abuse
@@ someone remembers me.. and im still here lol, tq and happy new year too
2016-12-11 21:58 | Report Abuse
u wait volume, it will be too late when u c it
2016-12-02 16:36 | Report Abuse
One thing which I don't like about notion is, i believe they're very picky in choosing their customer, and they were very slow in getting business for the unused machines. Hopefully, now that they've finally identified a customer/partner, it's going to be a win win situation for both Notion and their new customer.
At 90%++ machine utilization, the revenue and EPS will hopefully hit 2.5c++
2016-12-02 16:29 | Report Abuse
They say this is from their HDD business which is very strict with the measurement/qc requirement. assuming 100m from HDD sales per year, 9.3m writeoff is about 10% of their total HDD sales d.. quite significant figure i must say.
Important thing now is 2
1) The impact of USD to notion's revenue in the 1st Q FY2017 results. We have already confirmed from OCT-NOV confirmed very good forex. And starting now DEC, it's still at 4.40+
2) While forex may come and go... what I was really waiting for the MOST is operationally they increased their revenue and reduce idle unused machines. They took loan, invested a lot in CNC machine on SLR business expansion... and when the SLR business is gone, the excess depreciation really hit the rest of the business's margins.
With the new factories (52000 sq feet in total) we could be seeing overall machine utilization at 90+% this will be a VERY VERY important milestone. And I'd really like to see how's the next Q result is gonna be. If the new customer is able to provide the sales volume, notion can then be in a position to choose to reduce HDD sales which is very hard to meet in terms of QC wise.
2016-11-25 10:12 | Report Abuse
Quite conservative TP upgrade for Notion from Kng... as expected, it needs another Q result to come in at 1.5+eps. After which, i'll be surprised if TP it not at least 60-70 cents.
2016-11-24 18:55 | Report Abuse
:) 1.73 cent EPS this Q, with 1 cent dividend :) :)
2016-11-23 19:33 | Report Abuse
IF, just IF they don't mess it up this Q's result (just a reasonable figure of at least 1 sen EPS) + next Q result is mostly gonna be great just from the confirmed forex exchange rates of October, up to end of November. Getting these 2 q results in a row will be explosive for notion
2016-11-23 18:26 | Report Abuse
good advice :) while they 'should' be profitable this q.. aih there's always this risk that they have something crazy happening.
2016-11-19 21:33 | Report Abuse
Can expect 1-1.5 sen EPS... notion have a big variable in their 'other income'... this row sometimes can b -1m but sometimes can be +ve 6m..
Maybe even +9m for this q... very big swing..
Core business wise, qoq, HDD should recover 10-15%, SLR assume same sales, automotive same or +5% should b realistic figures to expect
2016-11-11 11:39 | Report Abuse
This depreciation is happening at a time when notion is totally unhedged already, but will only take effect on the Q result of (October-December 16) to be announced on ~Feb 2017..
If notion don't mess it up while just maintaining existing revenue its good enough.
But most importantly, fundamentally they need to secure new customers to replace Nikon/SLR, if they can do this with the unexpected forex environment now, it'll be a super big bonus.
Time to deliver notion management...
2016-11-07 15:48 | Report Abuse
dont talk abt hedges please... just common sense u will know hedge will only be offered by the banks IF the banks believe they will profit from signing the contract with you..
you want to play currency with the master of currency(the banks?) comeon...
I want to sign RM5 to 1 USD hedging contract for 2 years, who will accept? (Almost sure win contract to me, you can say, but no banks will accept)
If the banks accept your hedging contract, by common sense, it's a contract that after analyzing all risks, the banks believe they will profit from it...
Also now is strong usd period. Probability for USD rising is more, than USD falling.
(Pro USD reasons)
1) Fed rate hike in Dec
2) Oil price may fall if OPEC don't agree oil production cut in end Nov.
3) Bank negara lower interest rate.
Con USD reasons
1) Oil price increase...
1.5 months of forex above 4.16 for FY 2017, 1st Quarter now... (October up to now) if notion can just maintain status quo fundamentally, it's gonna be good already.
2016-10-13 20:13 | Report Abuse
Yes, Notion is exporter so it's good.. take it day by day la. So far so good... don't want to over comment too much @@
2016-10-11 18:53 | Report Abuse
USD to RM 4.19 now, notion hedging is already finished 100% mid august. So for september month their earning should be fully at 4.10+ range.
USD to RM stronger reason is because china lowered their currency, this is not just a short term thing.. And yes, I'm still around, although I dont say much now :)
2016-03-13 23:35 | Report Abuse
There is still 55m hedge outstanding. A 5% gain is still about 2.5m. Hedge to me is always a 50% 50%, the banks provide d hedge contract want to profit too right? They won't so stupid give hedge contract that they sure lose one...
2016-03-03 12:20 | Report Abuse
Well, at least he's performing his 'IR' role now.... I think this could be a sign that something will happen, at least in quarterly result wise, or other developments. He's been very quiet for the past 6-9 months already.
2016-02-29 23:55 | Report Abuse
Stupid... Sell?? Dont make me laugh.
2016-02-26 22:26 | Report Abuse
Think I'll drop by if I can take leave :)
2016-02-26 11:22 | Report Abuse
can see the selling pattern, is very very short sighted sellers exiting.
the seller cancel his Q at 395 and then add to sell 390. Totally no holding power, and I'm sure he's just selling at 390 without any profit, and lose the trading fees.
Short term gamblers selling to other short term gamblers, who has higher risk of cutting lost etc....
Waiting your buying power to buy back klse, to stabilize it :P
Now the sharks/buyers are waiting anymore ppl want to cut loss or not. Once all the short term sellers exit, any buying attempts will push it up fast again
2016-02-25 13:54 | Report Abuse
Poor val-elta have to buy some more :(
2016-02-23 23:42 | Report Abuse
I'm a FA investor, as long as it improves Q by Q, why sell?
2016-02-23 23:40 | Report Abuse
The fear is there because of uncertainty in the profitability. But whose information do you base to come to that conclusion? If you base your buy n sell decision on analyst calls, then good luck to you.
I'm not gonna spoon-feed other forumers anymore, just try to understand the business, go deeper n try to predict their profitability.
You will see value in it.
Personally, my prediction is wrong because of two things.
1) I didn't calculate the impact of the deffered tax losses, the impact of last q's taxation gain being balanced with a higher taxation loss this Q.
2) bonus payout to employees in December? (To be confirmed, in AR/AGM)
Both items adds up to ard 5-7m in less profits....
I learn from this and will carry the knowledge to my next q prediction for notion which I won't say tok much anymore
2016-02-23 23:31 | Report Abuse
If they r trader/gambler/speculator they may want to sell and hope to buy lower.
If they are loaded on margin, they may want to take profit, or sell on margin call when dropping.
If they are t+7 buyers, they have to sell after q result announced.
Previously I will try to calm the panic by posting info on why you shouldn't sell now, but I kinda give up on that d... Lol
As I always say, if you cut loss, someone else will gain.
2016-02-21 21:35 | Report Abuse
Do your own EPS estimates for the next 3 Q, and at PER 10x you'll get TP of very handsome returns, all in ~9 months or so give and take.
2016-02-21 21:34 | Report Abuse
Fundamentally it's sound. I've been a holding for a while too. Fed delaying their interest raise is good for Notion as well, while RM is low a bit in the next few months, if timing of Fed rate hike matches Notion derivative expiry (which will happen in ~6 months (with a bit leftover in derivatives)
Lets see how the market reacts... technically, and fundamentally, it's not a bad share to buy, downside risk/upside risk reward ratio is good...
But patience is not something everyone has.......
2016-02-20 20:31 | Report Abuse
@@ give them highly paid directors a good goreng ya
2016-02-20 18:24 | Report Abuse
Anyway, having digested things a bit more, it's not all that doom n gloom. Dissapointment is because of too high expectations, not entirely becaused of the reaults. While the prospect of waiting another q is definitely not fun and testing, at least it's a positive step in the correct direction. Based on past quarters, Notion 1st Q is considered as a weaker quarter, so if a weak quarter already 60m++ in revenues, a good quarter can even break 70m.
While it certainly seems like a lot of reasons to justify their higher costs.
Derivative losses, machine n inventory write offs, n now deferred tax and bonus payment for the opex. The next q should b an accurate indicator for their performance moving on...
2016-02-19 11:37 | Report Abuse
Ah.. just read Kenanga's report.. sorry a bit late on finding that.
2016-02-18 20:29 | Report Abuse
Q result just out. Profit of 3.1m/1.16 EPS. Nothing to shout at I guess, below my expectations.
Some items of note.
Front loaded items.
*Taxation is much higher at 3.6million for this Q. Reversal from the tax gain provision when derivatives losing money. Moving on, this item should stabilize and reduce a lot in future without additional wild swing in the forex.
Without this tax item(which will be reduced next month) actual profit should be closer to 5m for 2 EPS.
-Negative points
*Opex is higher at 16m, need further clarification on the items here (bonus, factory relocation from sold factory to own factory costs?) need to see this going down in next Q, otherwise, it'll be a problem. From past year results, 4Q's average OPEX is at 10m... so it's definitely on the high side here.
-Positive points
Overall sales is stabilizing around 60m per Q at sub 4.2X to USD.
Automotive segment is growing
Inventory write off has been reduced.
With factory relocation completed, future will have savings from factory rental.
2016-02-17 13:15 | Report Abuse
been busy~ maybe I'll do a more detailed writeup in a couple days if I can find some time for it :) 19th-24th should be Q result time.
Healthy accumulation happening now though
2016-02-13 10:17 | Report Abuse
What's ur expectations for the current q results?
Jan and now Feb, the forex is around 4.1x so very likely again derivatives gain for next q result too. US interest rate increase if happens in may or June will be perfect timing to push USD higher again. By that time notions derivatives will be almost finished, and gains in forex will be beneficial.
There is actually some signs that Notion managed to diversify its business in this year...(2015) so I'm glad to at least see that their excess machining capacity can still be put to use...
2016-02-04 14:39 | Report Abuse
ok, good to see some experienced head here...
2016-02-04 13:58 | Report Abuse
Off topic a bit, what's your investment profile and experience klse?
2016-02-02 10:27 | Report Abuse
think he's just staying quiet I guess.. apparently posting too much here is not a good thing as well. Really no volume here... have to wait the Q result.
For another news... Nikon share price is at 1 year high...
2016-01-31 15:50 | Report Abuse
Few more weeks to go.... there's also some other promising figures, on a Y2Y basis... So, I'm a bit more optimistic now. Let's hope that the Q result is as per my expectations...
2016-01-31 15:39 | Report Abuse
1.5 is a realistic figure.
Your 77m value is incorrect. At the end of december, the figure should be ard 50m
(Some of the contract is realized at oct, nov, dec)
So the actual formula is realized gains at oct, nov, dec ~7m of contract settlement per month + unrealized gain of ~50m marked to 4.29
The actual calculation is a bit more complex, there seems to be indication that the M2M happens on a monthly basis.... (so ignoring the actual much complicated calculations) sum of realized + unrealized is accurate at 1.5-2m
2016-01-27 16:04 | Report Abuse
as always, do your own homework to confirm, or to deny if what others say make sense or not...
2016-01-27 14:01 | Report Abuse
Don't want to say too much d, yes, blackout's figure is realistic, and is most probable. At best, it could be higher, or even much higher.
At worst, should be 5m profit at least.
2016-01-07 19:10 | Report Abuse
Good news indeed!! It means the buyer have holding power.... I don't see TH selling near term
Stock: [NOTION]: NOTION VTEC BHD
2017-01-09 11:45 | Report Abuse
I'm looking for another share which can give me 30-50% gain again :) see which thread I pop up in again if u wanna follow me