My question is would Govt compensation includes future earnings potential?

If yes, how would they come up with the valuation? Based on the min IRR?

1Q plant utilisation also lower than expected at 83% only. i read Pet Chem plant utilisation is maintained above 90%.

if you have long term view should be fine, but over shorter period, margin squeeze can be expected in view of rising feedstock cost.

everyday new low for this counter

Aberdeen has lost their patience. still selling

annualise the recent earnings will give rise to EPS of 42.96 sen
conservatively assume PE 12X = 5.15
not much margin of safety there

since their listing, 3 out of 4 quarters have been a disappointment.

EPS
Q2 2017 - 6.58
Q3 2017 - 10.42
Q4 2017 - 16.64
Q1 2018 - 10.74
TTM - 44.38

totally agreed. to be conservative, don't put such high hope...

dragonofdark dont forget this is the result for crude oil when below USD70, this company margin largely depend on naphtha price, which very depend on crude oil price. Naphtha price keep increasing, while product price will not able to catch up so soon, expect coming 1 to 2 quarter result will still under expectation. Demand will decrease if product price stood at high level.
01/05/2018 15:53

if everything also mana tau..then they are not fit to be in charge and should relinquish their positions soonest possible!

i would rate management integrity as poor.

wow, this is really unexpected. such a generous dividend!!!

thanks for putting more money into my pocket, Tony and Datin!!

PBT is consistent. It's the tax impact.

Tech rout continues

https://www.thestar.com.my/business/business-news/2018/04/26/tencent-wipeout-topping-us$118b-reveals-depth-of-tech-gloom/

EPS

Q4 2016 = 7
Q1 2017 = 6.12
Q2 2017 = 5.74
Q3 2017 = 5.51
Q4 2017 = 4.26
Q1 2018 = 0.82

Numbers dont lie. How to agree with management optimism?

But Unisem earnings is in a downtrend. Dropping for 6 quarters consecutively. Any thoughts?

@Patrick13

sentiment rules over rationality i'm afraid. its not only Gadang, Ekovest too

i'm comfortable to buy in if it drops below NTA

Bought some Favco. Lock in 5.6% yield.

Times like this require strategy to buy cash rich companies.

Kenanga giving a sell call with TP of 1.55.

Still waiting for CIMB.

I don't own any Unisem shares. But am eager to know how the IB analyst report outcome since CIMB has been strongly recommended a buy call.



HerbertChua Fabien Extraordinary still laughing at his own jokes?
24/04/2018 21:03

results are worse than expected. am eager to wait what CIMB Research will write. hehehe

If you have such a high conviction with ur wife, ignore the noises and stay away

At a glance, doesn't notice anyone replying you. More like you are talking to yourself.

Stay cool man..

@Halite

Petronm forum has become your own personal diary? syiok sendiri saja

Of course in a down market, many companies trading at cheap valuations. Plenty trading less than 6x PE.

There are many better investments too.

I mentioned SCGM as im happened to look at it at that point in time, and perhaps might get some view from any i3 members here. It doesn;t mean it is the best investment, don't get me wrong here. I'm that lazy to promote any stocks that i researched on.

And by the way, i don't own SCGM yet. It is in my shortlist.

Posted by Jon Choivo > Apr 24, 2018 04:13 PM | Report Abuse

They are good companies trading at less than 6PE now. That's 50% cheaper. And its a bird in hand, instead of a bird in bush.

Not attacking your picks. Just pointing it out. The goal is to make money after all. Who right or wrong don't matter.

Taking into account of projected growth, forward PE is less than 14x. Depending on risk profile, some might wait to go in say less than 10x PE, some buffer to cushion any adverse outcome.

Company has been aggressive in expanding their capacity, sales likely to grow in the next few years.


Posted by Jon Choivo > Apr 24, 2018 09:26 AM | Report Abuse

I can see the potential growth for it, but its a cost based industry, and supply seem to be more than able to meet demand judging by the margin compression.

14 PE seems a bit rich for a company undergoing margin compression in a cost based industry.

Just my opinion of course, you may see differently. Let me know if you think i missed out on something

there would be compensation no??

otherwise EPF lose money too

Posted by Jon Choivo > Apr 23, 2018 06:15 PM | Report Abuse

Sales going up, but margin is compressing really heavily no?


It's true that margin has dropped by few percentage points due to rising resin and strengthening of ringgit but still remains healthy level la, not above 20% as enjoyed previously but approx. 17% is commendable.

I believe growth in sales would more than sufficient to cover the erosion in margin.

Demand for environmental friendly packaging is growing and the potential is huge.

we need sifu Icon8888 to enlighten us on recent earnings result

Have a look at SCGM. promising growth story too.

If u have holding power and able to hold for 3-5 years

rising resin price and strengthening of RM eats into their profit margin.

i will only collect if the price moves below PE 10x

it's true that crack spread is not the only factor but it is the best proxy to estimate the refining profit margin. like it or not, petronm and HY share price movement in 2H last year was largely driven by the uptrend in crack spread. likewise, when the spread is trending downwards to the level previously, obviously the share price tend to move accordingly

crack spread in downward trend as crude oil is rising

Petrol prices drop y-o-y though crude price up, it was offset by the strengthening of ringgit

If trade war does happens, all American MNCs will get hit. that includes Nike

RM54.29mil disposal gain

that would translate into EPS of 3 sen

I'm with u, Flinstones.

Fingers crossed, mr.market will sell to me at 11.

PBB
Topglove
Nestle
LPI
DLady

Saw this 5 very long time ago by 3iii in Investlah forum. Years gone by, nothing has changed.

How about the next top 5, 3iii? Can't find any?

Posted by aiinvestor > Apr 3, 2018 08:36 AM | Report Abuse

Kesm does not export any semiconductor. It offers burn in and testing services, so the impact of a possible trade war is likely to be small.


This is mr.market acting irrational. Any stocks within the tech sector get hit irregardless. sentiment overules rationality.

i go with the ride at the moment, avoiding tech related stocks.

more of Trump tantrum please

Posted by "$_$" GONG XI FA CAI > Mar 29, 2018 01:09 PM | Report Abuse

if lkh push the price above 1.50...none of this would have happen .....stu lah

probably. well, let's see what the next chapter unfolds

IWCIty drop a lot today

petronm and favco also looks nice

Yew Chuan my broker posted very good technical chart about Petronm on her fb, better go read if you holding or want to buy petronm wei https://facebook.com/story.php?story_fbid=135935773908532&id=10002...

your broker trying to con you is it?

guys, Robert Shiller just warned of potential crisis from trade war.

I dont really pay attention to economists much, but with Shiller i ought to pay attention.

Plus Howard Marks also warned last year and early of the year in his memo write up.

no harm being cautious. protect your capital is most important.

I intend to maintain 30-35% of cash reserve.

No one knows how the macro situation might pan out. But one thing for sure the risk is real, i.e. the trade war.

I would prefer to have some flexibility to position myself.

always buy when you see value in relative to share price. market timing is an impossible game but not saying you should completely avoid it, you can always strategize by conserving some capital to advantage of the market situation.

KYY being investigated?

GE is getting nearer. Less than a week before Parlimen dissolved. Last chance bonus for Maybankers...
BN need them votes.