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2019-12-25 14:44 | Report Abuse
revenue is up but net profit is down, "mainly due to increasing start-up cost following the commissioning of its new manufacturing plant, SPP Novo... the plant is only expected to breakeven by end of FY21F."
2019-12-11 23:19 | Report Abuse
Did anyone attend the AGM? Please share...
2019-11-30 10:42 | Report Abuse
Not sure why the revenue dropped. However, the profit margin further improved from 2% last quarter to 3.2%. This was why the gross profit was roughly the same as in the same period lat year despite the drop in revenue. Also gross profit was the 2nd highest despite the revenue was the lowest of the last 5 quarters!
Gross profit (RM '000)
Quarter ended September 2018: 2181 (revenue: 109,094)
Quarter ended December 2018: -811 (revenue: 94,003)
Quarter ended March 2019: 591 (revenue: 81,204)
Quarter ended June 2019: 1895 (revenue: 104,150)
Quarter ended September 2019: 2152 (revenue: 66,917)
2019-11-29 17:20 | Report Abuse
correct me if I am wrong. Tawin reported loss this quarter mainly due to "the expenses off the corporate exercise cost". Excluding this, it actually reported profit.
2019-11-28 09:53 | Report Abuse
mid to long term should be fine, but short term may not be good. I see first if big sellers keep selling with big volume or not
2019-11-27 16:01 | Report Abuse
performance like today... RM1 is definitely possible.
2019-11-27 15:35 | Report Abuse
drop with big volume today... very bad!
2019-11-20 18:22 | Report Abuse
quarterly result should be out in a few days, maybe in these 2 days. Almost every quarter loses money. The operator sure will sell as much as possible before the quarterly result is out. It is suicidal to keep any share and wait for the result.
2019-11-19 20:54 | Report Abuse
Winwin, you need to click DK66's name and then select Blogs
2019-11-16 19:43 | Report Abuse
I think this is the article mentioned earlier:
https://www.thestar.com.my/business/business-news/2019/11/16/jic-misses-smg-deadline-for-payment-in-regard-to-legal-dispute
2019-11-15 00:20 | Report Abuse
You do not see price up 20 sen very often, so there are probably more sellers than buyers when market opens on Friday.
2019-11-14 12:10 | Report Abuse
NTA RM1.30? Hmmm... will do research later today
2019-11-04 10:32 | Report Abuse
I also think big guys will sell tech stocks before the quarterly results, likely to be bad. Tech stocks have up too much. Probably have to wait next year to see good quarterly results.
2019-10-31 09:11 | Report Abuse
see first... hopefully can still get below RM1.
2019-10-10 15:41 | Report Abuse
I think JAKS is a very good example that we should keep an open mind. Any stock can be a bad stock one day and a good stock another day. We should also keep an cool mind and do not let past memory and experience influence future decision.
Oh well, if JAKS can continue to move up, KKY may recoup his loses in this counter.
Congratulations to those who benefit from this counter!
2019-09-13 14:48 | Report Abuse
Good to hear that "it has witnessed an increase in demand for light-emitting diode (LED) street lighting, especially from government-related projects."
Will wait for earnings in the next few quarters.
2019-09-04 10:26 | Report Abuse
good news. Now we do not have to worry about SEB any more.
https://www.theedgemarkets.com/article/seremban-engineering-sees-change-controlling-shareholder-mgo-triggered
2019-09-03 13:04 | Report Abuse
CIMB expects loss-making SEB to break even in FY20F
https://www.thestar.com.my/business/business-news/2019/06/18/cimb-research-sees-stronger-earnings-for-success-transformer/
2019-09-03 09:36 | Report Abuse
I do not know about you but the result is all right. Solid QR result. Maybe its price up too much last Friday so profit taking today.
I looked back the news article in June 2019. Not worried.
https://www.thestar.com.my/business/business-news/2019/06/18/cimb-research-sees-stronger-earnings-for-success-transformer/
2019-06-13 16:41 | Report Abuse
volume of these 3 days is higher than usual... Up up slowly is good
2019-05-30 10:49 | Report Abuse
I notice it is usually the big funds who sell aggressively after a bad QR. The volume on Feb 27th was huge, over 80000 lots. Share price was pushed and gapped up twice later. I believe the big fund is still in this stock and it may take time for it to reduce its stock if it decide to sell. Thus we may see down trend. If so, any rebound is a sell. Well, I hope I am wrong...
2019-05-30 10:28 | Report Abuse
Dakewlest, quarterly report was out yesterday after market closed.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6177557
2019-05-29 10:25 | Report Abuse
Does anyone have any analyst report on MNRB? I can not find any. Strange...
2019-05-29 09:10 | Report Abuse
does anyone know why there is no dividend for years?
2019-05-28 09:59 | Report Abuse
Its share price is holding well. A good price to sell if you still keep the share. Next 3 quarters are probably difficult. According to management guidance,
"In overall, the Group’s operating environment will remain challenging in the remaining period of current financial year."
I suggest you sell high now and buy low later.
2019-05-27 19:29 | Report Abuse
Shocking QR result. Management gives very useful guidance.
Weak global demand and unfavourable price trend may continue for more than 1 quarter. Better sell high now and buy low later.
2019-05-27 18:32 | Report Abuse
B3. Prospects for the remaining period of current financial year
The selling price of plywood had dropped significantly as compared to a year earlier due to weak global demand. However, our production cost especially the price of logs still remains at high. Operating environment becomes challenging if the demand and price of plywood remains weak. Due to weak global demand and unfavourable price trend, we reduce our production volume and labour hours since March this year. We will focus on more cost cutting measures to reduce our unit cost during this tough period. In overall, the Group’s operating environment will remain challenging in the remaining period of current financial year.
2019-05-24 23:44 | Report Abuse
the QR result is expected. The new plant will not be ready until Q4. Q2 is probably worse than Q1 due to US$.
Share price may move side way or drop for a few months if current market sentiment remains the same. With some stocks at multi year low, there may be better options, especially if RM continues to weaken.
2019-05-23 14:42 | Report Abuse
KYY counters are infamous for their waterfall-type of fall... Good luck!
2019-05-15 08:55 | Report Abuse
big fund almost have cleared their stock... Good luck!
2019-05-09 09:25 | Report Abuse
the big funds have been reducing their stake but they do it quietly and do not cause a sharp drop in the share price. I have to say they are good type of big funds.
2019-04-30 23:59 | Report Abuse
2 bad QR and we do not know how long the bad QR will continue. We also do not know how low it will go because there is no history that we can refer to. That is the scary part! DO not catch the falling knife, remember? Do not try to predict the bottom and buy. Buy only when there is an uptrend.
2019-04-29 12:10 | Report Abuse
volume today is high for a down day...
2019-04-25 10:18 | Report Abuse
theavenger, information is provided to you. It is up to you to evaluate it.
2019-04-25 10:06 | Report Abuse
I hope people realize this is a trading stock, not for holding long term. Must sell if the trend reverses. According to reports, the demand for cement is still smaller than supply and Lafmsia will be making losses even with ECRL back
https://klse.i3investor.com/ptservlet.jsp?sa=pts&q=LAFMSIA
How to read the actual report?
For example,
You will see a link at the end,
Source: AmInvest Research - 15 Apr 2019
You need to click AmInvest Research to read the full report
2019-04-24 15:15 | Report Abuse
A few times I waited for retracement but never got a chance to add more
2019-04-24 14:53 | Report Abuse
most individual investors probably have sold their shares by now...
2019-04-23 15:02 | Report Abuse
Icon8888, please ignore the naysayers. Instead, do what you do best, which is picking stocks!
2019-04-20 09:07 | Report Abuse
Does anyone have a copy of CIMB report?
2019-04-19 19:07 | Report Abuse
Thank you Icon8888 for your article on February 1st this year. I knew about Success when they announced share split a few years ago and it was on my watch list ever since. Your article really caught my attention when you said its share price was trading at multi-year low at that time (RM0.5x). I knew its share price was low but did not know it was at MULTI-YEAR LOW. I felt it was undervalued and way oversold considering its 2019Q1 earning was 2+ sen. I bought a little only as I would like to see another quarterly report.
Management mentioned they had a chance to secure some local public projects in the Edge article earlier. At that time, I was very skeptical about that and I assumed the management only wanted to paint a rosy picture. "Our government where got money???" It was my thought exactly. Now Success needs to show us they are able to secure some local public projects and translate them into good earnings (yearly EPS over 20 sen during those good old days)
2019-04-19 09:58 | Report Abuse
Another stock that I do not buy enough. No time to monitor any more for today. Good luck everyone!
2019-04-19 09:46 | Report Abuse
hkhk, I have seen you a few times. Looks like you have not sold. You are a smart guy!
2019-04-19 09:11 | Report Abuse
If no news, I sell first and then hope to buy back later...
2019-04-19 09:02 | Report Abuse
Don't know why it gaps up today. Does anyone know any news?
2019-04-11 09:39 | Report Abuse
huggs1, thanks for sharing!!!
2019-04-09 22:22 | Report Abuse
this is not for short term. We may have to wait months... or QR next year.
2019-04-08 19:02 | Report Abuse
samyew1234, what did OTB say about Mflour?
Stock: [MATANG]: MATANG BERHAD
2020-01-06 10:13 | Report Abuse
challenging 10 sen today? wow, good luck to all shareholders!