I trust myself only. I read a company's financial statements thoroughly before i make my move. KGB is a good buy. It is also in my 2023 i3 stockpick competition. Calvin, come challenge me in that competition if you balls. It will re-open again next Friday. This is my offcial challenge to you. Bring all your plantation counters come in. The link below is 2023 which will end next week.

https://klse.i3investor.com/web/blog/detail/stock_pick_2023/2022-12-30-story-h-302069733-Stock_Pick_Year_2023_Table_of_Content

Public Investment Bank gave a price target of RM0.59, which i think is very realistic. Almost same as mine. Mine is RM0.55

There is a report by Kenanga which i finally agreed with their view. I think they got it right this time. They downgraded glove sector to underweight with no picks.

While some players had turn in a small profitablity, it still dont support their current valuations. Mean overvalued la. 😁

Earnings is lacking, as most of these so-called "profits" were actually driven by decommissioning of older plants and lower input costs, utilisation remained depressed. This is unlikely to change in the coming few quarters. Oversupply still persist.

slowly slowly up. RM3來！Yo! 使乜惊呀..

got hope is good, but sometimes reality is reality. Try not to be emo in stockmarket. 死了都不知什么事..

more like inverted V shape to me. Get yourself trapped again and slowly wait for other newbies to rescue you..

Game over! Like this also cannot recover..

Next year will be oversupply as Argentina resuming full production. Ukraine has started to export their sunflower oil too.

Former US president Barack Hussein Obama is laughing at this statement..

that's because the virus is no longer deadly as compared to it was firstly discovered..

lol those glovetards still living in their dreamland? Still haven't awakened up yet? Anyone die from Covid-19 nowadays? What is the %? Sorry to have burst your wet dreams haha..

why want to bother with that soh@1 Calvintaneng? He doesn't know how to read a cash flow statement. His only bullet is so-called "high" receivables. But failed to acknowledge KGB strong positive cash flow and increasing revenue and earnings. Pity his group of subscribers following this half-baked noob.

@Bursavulture 2 quarters have passed, as demanded by you. What say you now..?

if you don't go out and vote, you literally lose the right to complain.

PAS doesn't understand economy. Can't even present an alternative budget. Malaysia will be doomed if these kind of people who manage Kelantan able to get into Federal..

I also heard that Sarawak civil servants are less lazy than their Peninsula counterparts. Kudos to Sarawak state..

limit up coming?

If you look at Eversendai AR, its cash flow statement was actually negative. That's what killed the company.

KGB is a healthy with company with a positive cash flow, and increasing revenue and earnings. So go buy this counter as it might be the counter for the year 2024 (assuming there are no changes to its outlook).

Calvin said that receivables are not cash. True. That's why it had been taken out from the cash flow statement. It had been minus out. Go ask your accountant friend to teach you how to read a cash flow statement. Inside a cash flow statement, whatever is not cash, will be adjusted accordingly. We will add back depreciation (which is an expense that is not cash), stock purchases which will be using cash, hence it will be minus out, receivables which are not collected as yet - will be minus out too. The whole cash flow statement is there for you to read. The thing here is whether you know how to read it or not, or simply plucking a certain segment and then interpreting it in your own way..

Just ignore that mad dog Calvin. He doesnt understand accounting at all. Just use his own interpretation to his own liking. Experienced stock traders can tell you that why some stocks are selling cheap. THPlant is selling cheap for a reason. Unlike KGB, THPlant has no room for growth; Looking back at the previous 5 to 10 years, THplant had actually gone backwards. Analyse it youself. Whereas KGB is going from strength to strength, be it B/S, P&L or cash flow..

@calvan in every business there are trade receivables. Tell me which annual report you see zero trade receivables. Remember the Yinson case? There is no indication that all trade receivables will turn into bad debts as imagined by you. If the business is without receivables, it can be classified as a dead or dormant company already. I look at the Balance Sheet, Profit & Loss and the Cash Flow Statement only. All look healthy with positive cash flow. Can prove me wrong in the following next 4 quarters too..

even the IPO itself was overvalued..

Nothing wrong with its business operations. Only adjustment to accounting entries on revenue and cost of sales. one thumb up we can see is it s expanding business into telecommunications.

For the current quarter, the Group registered revenue of RM8.4million and loss before tax of RM9.6mil. The revenue was mainly contributed by Telecommunication Network and Manufacturing divisions. Following an evaluation of the business transactions in accordance to MFRS15: Revenue from Contracts with Customers, the Group revised its principal arrangement to an agency arrangement in the current quarter. As a result, an adjustment involving the reversal of RM37.0 million from revenue and cost respectively was made. Included in the loss before tax for the current quarter is the recognition of the impairment loss of its investment in an associated company of RM8.1million, difference arising from receivables discounted to present value of RM2.4million, and amortisation of intangible assets in relation to the acquisition of TJE amounting to RM7.8 million.

so far I am satisfied with his performance. But he can do better. With a strong mandate of 2/3 majority now, he needs to be firm in reforming govt institutions. There is no need to follow PN's calls. No need to be leaning to the far right.

I also have no idea how high it can go. Just ride the wave. This is still an unpolished gem.

all die..

one more round of goreng will come very soon..

time to collect/top up..

A lot of people don't understand this company's business. It is in an area that do not have much competitor..

Nevertheless, the loss of Peugeot dealership is a bad news though not substantial..

If you can grab Inari at RM3 tomorrow, that's your fortune..

I considered the quarterly results to be above expectations. Other peers have been posting below satisfactory earnings..

lol those daredevils..

Getting Hamas to lay down their arms would require a miracle.

sack this useless Education Minister.

From young, these borrowers have already been trained as bad paymasters. Taking loan with low interest rate of 1% only, and have no intention of paying back. What will happen to our financial system later on..?

Trim down half of the redundant civil servants and the country will be able to save billions each month.

Our mainstream media are the biggest culprit in telling lies on this Mideast war for decades.

Everyone wants peace in the Mideast, but there will never be peace between Palestinians and Israelis as long as Hamas controls Gaza.

Resilient stock. But next quarter for Unisem is very important. If it still missed expectations, it's fate will be like UWC..

Petrol subsidy will continue, because the Malays are the majority using it right now.

@Realrich Here is another noob. EV here, EV there. But can you list down the charging locations in every state? You think it is like charging your mobile phone? There are less than 5k EV car owners in Malaysia and they can tell you their headache should you know one of them..

If you are speculating, it is time to get out. RM0.02 advice..

Oh! What a slaughter..

Telecommunications network has a lot of room to grow in Malaysia. We are not even 1/10 of China technology. The govt needs to emphasize more on this to catch up. China is now testing 6G..

Israel should stop playing the good guy if it wanted to survive in the future.

It seems until now, MCA has no idea why the Chinese shunned them. DAP did not promise voters bed of roses.

Ong Choo Meng should get a lawyer to sue you Good123.

It will touch RM0.74 today. Definitely will. Looking at how those big throwers still waiting from the sideline.