@5354_ I think Gemlive is own its own entity (owned by Netx Holding Berhad) and has nothing to do with FoodPanda. They just got into MoU with Lambo to be their delivery service partner, that's all.

Whereas for Lavo / Marquee Inter, would be another restaurant / F&B operator who appointed Lambo as their delivery partner as well via MoU. Again both no association with FoodPanda.

@wong was just mentioning FoodPanda as he thinks that Gemspot will use FoodPanda instead of LamboMove after MCO.

@wong and if Gemspot will be super app, that's even better for LamboMove. Don't you think so? It means more business for LamboMove, which does not eat away Gemspot/Gemlive's branding compared to FoodPanda which is effectively their competitor.

@wong, I stand to disagree. If Gemspot were to use FoodPanda as their food delivery partner, they are effectively cannibalizing and killing off their own platform.

Gemspot/Gemlive has been invested to get people to use the platform. By using FoodPanda instead, people would just eventually migrate to FoodPanda as FoodPanda has more choices and established food choices; effectively killing Gemspot/Gemlive and reduce their subscriber / users. If the directors of Netx does that, then it is Netx that is having loss. For Lambo, they just lose one business partner.

Lambo would still be having their own E-comm that can use LamboMove, and also Lavo as well. Meanwhile, the directors of Lambo will have to work hard to diversify the income / industry and look for new contracts for their IT side.

Let's say and just a big BIG IF, if they managed to renew their contract on the IT side for 1 year or so, think about the revenue. It will go back to beginning-2019 levels.

@ahbah I wouldn't say this is seasonal factors only, even without Covid19, Lambo still got work to do before their earnings is back.

But Covid19 gave Lambo a good chance to look carefully which aspect / direction they wanna grow into. They have Logistics, IT, E-comm, and others. But since MCO and Covid is going to change the shape of the industry by promoting E-comm and also food delivery, Lambo made a good move in placing a little more focus on E-comm / Food delivery / Logistics scene which I think could be a good move for them.

E-comm / Food delivery is not restricted as badly as other sectors. From experience, I noticed that people around me now use GrabExpress/point to point courier service even more to deliver small items from food / books / clothes / documents just because they cannot travel between 2 locations, whereas the couriers have the approval to do so. Paying RM20+ just to get a hard disk delivered from Segambut to PJ by motorcycle. Think about it.

@fishchu Gemspot/Gemlive is by Netx 0020.

@dragonslayer I feel that there's small-medium operator involved here, can see the volume is suppressed at 0.01, only small fish bought those 0.015.

Let's see second half, as the news broke out in TheEdge, if market sentiment towards Lambo is good today, then should be able to push towards at least 0.015.

Considering that alot of market will be reaching off trading hours, more people will pay attention to SEA market. More movement of funds, last 2 hours will tell you more story on KLCI and also Lambo. Either way, hold tight fellas.

@5354_ if you read the QR report back in Sep Q, you'll notice that the existing contract for their IT consultancy has ended, hence the reduction in revenue.

However, that said, pointing to the chart of the share price, you'll see that also actually have been priced into the share price around Oct'/Nov'/Dec'. Even with such reduction, the company still actually makes money, albeit significantly smaller amount. So, it tells you that the company is still trying to make money instead of let the market beat them up.

@wong LamboMove has actually been established, probably you're referring to expansion. Even if they need to expand, I don't see that is an issue.

1. They have huge cash balance in the bank.
2. The more motorcycles / worker, means that there is demand, presence of demand means got opportunity to earn. Win win.

Whereas for Gemlive/Gemspot, the more business they get, the more Lambo earns as they need Lambo to deliver. Riding on that, Lambo themselves also have e-comm platform, Lamboplace, that can utilize the their sister company last mile delivery.

1. Fuel price is relatively low at the moment.
2. Hire purchase / loan rates are low at the moment.

If the company takes advantage of this and work on the food delivery platform by connecting small hawkers / famous eateries and pair them up with LamboMove and LamboPlace, I don't see why there is not much room for growth. Considering that the MCO might be extended, it can only mean that the business might grow, as there are minimal restriction on food delivery / e-comm.

@Aliibaba good point, agreed. 1cent doesn't mean cheap. But for Lambo, it could be considered cheap considering it is earning money, compare this to Netx fundamentally you'll be slightly more confident in buying this stock @karen koh.

With cash at hand, minimal borrowings, this stock cash alone is almost 3x its market cap. Sell all asset probably looking at 0.04 per share. But again, market is emotional. Do your homework, for me, I bought as much as I could at 0.01, was hoping for 0.005 but that's just greedy. Personally, I hope it to go up to 0.04 level then I'll be comfortable to let go.

Market priced in the loss of main revenue back in Oct/Nov period, with this new partnership with Gemlive/Gemspot, could be a good chance for Lambo to earn as E-comm is still allowed to operate during MCO. Reduce impact on earnings.

ochai cmon man, have a little humor in this troubled times

Are you sure this stock has good future? Who are you to tell?

Director who bought shares: Sureson.

Looks like EPF need emergency funds

Just to point out that there are other ways of selling, i.e. Bullion in trade.

weec0008 > True, I somewhat agree to this, but I refer to those who doesn't look at the counter often and doesn't have as much free flowing cash to pump or not. They might not be able to pullout so quickly I guess. Also some might be afraid to cut loss.

For those who have bigger capital / time to monitor I guess they could look at this with more control.

Let's see if Pohkong will buck the trend again follow market ; or will it finally return to its true path which is follow Gold.

Here we go boys and gals, US cut rate by 0.5%. Spot gold up 3% in 1 hour.

OPR cut again. Good for gold but bad for ringgit?

Actually I feel I still have some confidence in this company. Although they didn't make as much money, they still made money. Its not loss making at the moment.

Whereas their performance decline, is 2 quarters over 10. I would still say its viable for long term. Most will feel burnt because their 'long term' is around few months to a year. Whereas for some people their long term is 3 - 5 years.

No one company's performance can keep going up for all quarters. Bound to hit roadblocks every now and then.

Let's see market reaction tomorrow morning, points include:

1. First non-chinese died from Wuhan.
2. H5N1 outbreak in Hunan.
3. African Swine Fever outbreak in Philippines.
4. Gold breached $1588 USD/ounce.
5. Japan vs Korea trade tension escalates.

Global outlook seems gloomy at the moment.

Factors to consider this time round before QR is abolished:

1. nCOV, Wuhan :::: Good ::::
2. Iran vs US :::: Good ::::
3. China vs US :::: Good ::::
4. UK vs EU :::: Good ::::
5. Gold price 2019 + 2020 > 2018 + 2019 :::: Good ::::
6. Gold demand higher, but USD vs MYR same range :::: Good ::::
7. Bullions / Gold stockpile demand rise :::: Good ::::

8. Probably less demand from consumer sector :::: Bad ::::
9. China vs US resolve :::: Bad ::::

Expectation: Earning margins to go up.

What do you guys think?

Nice. 20% more dividend than previously eh?

Anyone know if Pohkong sell gold ores?

And gold now is in New high

twice ler

Good QR?

Gold 1386

Gold close to 1390

Gold 1377

Bahvest mines gold, more direct than pohkong

https://www.thestar.com.my/business/business-news/2019/05/28/cimb-research-retains-add-for-awc-tp-rm1pt26/

congrats sn2k, ur hunch good, better luck next time :(

How about -12m?

Congrats all shareholders, not a bad result.

@andrew95 - They need to release their QR by this month if they don't wanna get penalty.. so.. you don't say lol hahahaha

Wood is the new gold? Look at liihen wow

Why you sound like you comforting urself?

I also accumulated hahaha

If this QR got 8m NP, can shoot pass Rm2.2?

Share buyback when near QR and at its fishing low at RM1.47?

Interest Rate lowered to 3%, MYR is heading downwards.

Mmmm, today got healthy volume.

Hmmmm, looks like I'm wrong afterall !

Keyword might, its just 3.30pm :) Wait and see got or not ba.

I may be wrong too!

@christ cs2020 - Fund manager.

Today might have show boys and girls

Tomei dead stock, go study Tomei's day trade you'll see.

1. One person buy 1 lot to push share price back up whenever got big volume sell down.
2. No volume 90 days out of 100.
3. Smaller cap than Pohkong.

You tell me.

Cut loss di, threw all share. Gonna move entirely to Pohkong. Good luck have fun guys. You know the counter is really dead when there's that one person buying 1/2 shares to shore the price up to 0.50 while large volume throw at 0.475.

@dingyuan market going to crash, tomei going to be one of the top performance...

Day 500 still waiting for crash.

wait till they have a rumour that minister punya somebody get appointed as director and tabung haji epf kwap sosco and berkshire become shareholder.. share price will raise till rm10+

then you'll wake up from your dream

Over 5 years probably.

This is Div generator, collect while low. Low price goes low, div yield goes up.

Oh boy, if Dow ends green, we have a liftoff tomorrow.