Bro jaya, u must b happy now.. Congrats!

I thought spritzer very big company.... Share not liquid at all..

One hit wonder... Maybe good to collect? Whats the valuation?

Went to maps for holiday... Crazy bosan... Dunno how they can turn this around... Ask khazanah for help lah ..... Those guys got some experience a bit..

Up up up....

Vincent, refinery margin in asia weakest since 7 years. Oversupply and demand slowdown from china mainly. Not sure if malaysia refinery same thing or not.

https://mobile.reuters.com/article/amp/idUSL4N1YA2PV

So the rm 100 mil from the malaysia tourisn to be used for campaigns went to Ancom media company Redberry is it? Is this why people selling today? Need to give back the money?

Long number guy, thanks for the explaination. Did not know that. Always learn something new here.

Number guys, just simple question. Why dato ewe collect a lot of shares via Hijauwasa but still not trigger MGO? I thought anythg above 33% need to do mgo. Now already 38.2%. Last acquire back in sept at 68 sens.

If cancel the treasury share, got 6.3 mil, dato ewe interest go up to 39.4%.

Just wondering....

Nice rally. Share price aside, how sure r u guys on the sustainability of the revenue fron huc contract? I mean the whole thing is "on call" basis.

Sslee, i actually think it will be good for u to promote the company. Understand u want to collect more at lower price but u also must have limit to ur capital. Most investors actually don't know where to park their money now with the trade war, slowing global economy, interest rate hike, fund tapering by central bank etc. At least once u done collecting u should try promote the company to others. Win win situation. U get capital appreciation, other investors get to invest in something a bit more solid. Now everyone i think buy what is hot at the moment.. I think this week must be carimin and kub. Next week mayb hibiscus & presbhd. They dont actually understand y but just follow crowd. Those stock already covered by analysts are already trading at high price. Good business but super expensive. Some other promoter, when asked question dont want to explain. Just critic saying those in doubt dont understand the business lah, stupid lah etc.. But they also don want to explain. Mayb they also dont understand.

U dont join the stock pick 2019 contest? Can't find ur name. Just want to know what stock u think are interesting..

This article is more recent:

SUPPLY FROM NEW REFINERIES TO WEIGH ON GASOLINE

Fundamentals in the Asian gasoline market are likely to remain weak in 2019 despite being supported by the Middle East, as South Asia searches for fresh regional demand while nursing a hangover from 2018's supply glut, sources said.

China has awarded the first round of gasoline export quotas for 2019 at 5.19 million mt, down 20.8% year on year. Despite the lower quota in the first round, supply is set to rise as new refineries Hengli Petrochemical and Zhejiang Petrochemical come online in Q1 and Q2 2019, respectively. Quotas are expected to rise in future rounds as part of the Chinese government's continued efforts to ease a bloated domestic market. Both refineries will add a total of 800,000 b/d to Chinese output.

Outside China, new projects such as Malaysia's 300,000 b/d RAPID refinery coming online in H1 2019 will add 98,000 b/d of gasoline to the market. This, coupled with steady run rates from refineries in North Asia, adds to mounting concerns of supply.

Uncertainty prevails on whether South Korea's tax reduction on auto fuels will provide any noteworthy support to gasoline markets. Although lower pump prices may help raise demand, many believe that any significant rebound in gasoline demand will only be seen at the start of the driving season in mid-2019.

There is little new regional demand that could help absorb the Asian surplus.

Indonesia's purchasing power for refined oil products has been severely circumscribed by a depreciating rupiah, market sources said. The government's efforts to reduce the country's current account deficit and lower its import bills will also put a ceiling on any fresh demand from Southeast Asia's largest importer of gasoline.

On a bright note, demand from Africa, Pakistan and India is likely to remain strong while supply is expected to tighten as Middle Eastern refineries go on turnaround in H1 2019. Middle Eastern producers are also collectively expected to cut the usage of lighter grade crude oil due to low refining margins, which will further tighten supply of gasoline within the Persian Gulf.

The tony effect... Feels like he is borrowing donald trump strategy... Just tweet and people will follow. Still tony is proven businessman. If oil price is low enough, aax should be able to make money.

Financial performance is ok considering weak cpo price. Valuation is cheap. Potentially the cheapest in plantation. But no volume..price can swing like crazy a bit.

https://mobile.reuters.com/article/amp/idUSL4N1YA2PV

Mmmm.. Macc case still there right? U guys not worried?

Still the best construction company in malaysia. Just got screwed by the new govt. Unlucky.

Watchdog, i also think the same thing. But logically can one should already know that they will need to do an mgo before negotiating the deal w mr tan right? I mean they are already @ 32.9%. Buy 500k shares also already trigger mgo. Why the heck nego to buy 2.2mil share with a friendly party to only back away at the last minute? I think deal will go through. Just that now everyone is too pessimistic. I think last month it even fell to 2.48. Mayb just buy and hold till egm. Pray a lot and hope deal will go through.. Dunno where to put money anyway.. Every thing looks crazy now..

Remain calm, not sure lah bro on the profit margin. Apparently refinery margin is the worst for the past 7 years. Googling about refinery margin and found this article.

https://mobile.reuters.com/article/amp/idUSL4N1YA2PV

Need to see next quarter result. If still ok then maybe petron is not affected.

Wow... Awesome... But did not indicate price.... Mmm book value? 60 sen...

Nice rebound. Anyone has done the calculation of the company profit at usd 50-55 per barrel? My rough calculation, pat should be around rm20mil to rm30mil per quarter. Need someone to comfirm this. If oil price rebound then profit also shoot up. Cost per barrel is almost fixed.

Wait. Why dufu fall? I thought business not related to apple?

Common tony! Push up the price pleez. Tweet on airasia lah. Why just aax?

What the heck? 50% in 2 days. Got privatisation is it?

Panic selling only. Apple is not their only client right? Anyone knows the revenue % of apple to inari?

Choivo, read ur research. Like the company because of the valuation. Looks super cheap. But got some questions. Hope u can answer. Sorry gonna be a bit long.

1) Why would anyone want to borrow money at 15-20%? Bank rakyat and mbsb is charging less than half of that. Does it mean that does that borrow from rce are those that got rejected by other instituition. Does this mean the clients are more risky? Or does it mean that rce is less stringent in giving out loan?

2) If other institutions growth for civil servant loan is slowing down, why do u think rce growth can accelerate? Should it not be at least growing (if not slowing) at the same rate as other instituition? I mean bank rakyat will still try n chase the same customer as rce right?

3) Previously mbsb also has a low NPL compared to other banks. But when the merger deal between rhb, cimb and mbsb were launch, due diligence finding show that mbsb actually is way lineant in recognising NPL. Is it the same case for RCE? I mean if they are getting clients which are rejected by MBSB, it should also mean that the clients are riskier which means NPL should be higher as well. Is there a risk of bnm forcing them to recognise any npl more stringently in line with other banks?

4) Recently becoz of the high household debt, even public servants and glc employees find it hard to apply for loan. Some of the glc has stricten the condition to enable employee to apply for a salary deduction. If not mistaken they have reduce the maximum net salary ratio to debt payment to 60% from the previous 75%. This would affect business like rce right?

5) Another risk is that the company business is dependent on the size of the civil servant. From my understanding the new govt is planning to reduce the civil servant size. Currently i think they have already reduce and slow down new hires. Those position that are already retired are not being replace (just asked any of ur friends working w the govt). Most new hire are based on contract (not entitled to salary deduction scheme). This would potentially reduce the company business right?

6) what is your profit target for 2019?

Based on people's comments, at best velesto can only make small profit even at almost 100% utilisation rate. Mainly becos the charter rate is low at the moment. Even if oil price recover back to $70/bl, charter rates would still not rise much. Then why are investors still buying or holding to this stock? Why not look elsewhere?

What will the profit be like if oil price remain at usd50-55 for the foreseeable future? The stellar result in 1q 2019 was based on usd78 per barrel. Anyone did the calculation?

What is dnex exposure to the the vehicle entry point contract? How much does the contract contribute to its bottom line?

https://www.freemalaysiatoday.com/category/nation/2018/12/04/vehicle-entry-permit-system-did-not-meet-objectives-says-audit-report/

Ken, is it because of the uncertainties link to tolls abolishment? Looking at their financials, i also don't see y the share price would be tumbling down.

But i thought the govt already said that the probability for toll abolishment is small.

Damn! Oil price fall 5% this stock fall almost 10%. This is just panic right? If oil price go up 5%, this stock also go up 10%..crazy...

Jaya, see u here also :)

Bro, vs should still got value right? I mean already fall like crazy. U not interested? If not at what price u think it should go dwn first b4 rebound?

Ks5s, revenue go up. But pbt did not. Why? Valuation more than 20x pe but cannot provide growth. But still low la compared to other big gloves company. U invest becos u think the pe will move up to other gloves companies pe is it? Or there is something else tht not yet in recent quarter report?

Ming, y buy warrants? Just buy the mother share if u like the company. U said u were lucky the first time. Better b a bit more careful.

Ooooo.. Ok. Thanks 5354 & 5075...u guys are like robots.. Cool..

Mneo, so wat do u do? Stay on the sideline ? Keep cash in FD? Wait for the market to cool down? Or u hav other stocks that u think is better?

This is gambling stock. Hope to buy at 3.5 sen and sell at 4 sen.. Just like lucky draw. Right? Mayb should join too.. Market now crazy. Can try luck here.

Everest, why not just comment here? More people can see.

If share buy back, would the share outstanding change? Share outstanding still 301.6m even after company buy 4.65m shares.

Wow poor Dr Abu.....

Are u guys sure? 50x Pe. Valuation like a tech company. How much growh u guys are expecting? But oklah. Share price up. Others losing.

Wow. Why so many panic? Even brent @ this price company still can make money right? I thought breakeven is below usd50 (or 40 not sure).

The recent quarter still hav splash right? So excluding that how much will pat be? Anyone knows?

Analysts can be super ruthless at times.

https://www.thestar.com.my/business/business-news/2018/12/18/vs-industry-hits-limitdown/

From tp of 1.95 go straight down to 82 sen. And this is from maybank.. No mercy...

Hush, u got example kwap selling like crazy? Want to see wat happen to the share..

Beso, how to check how many margins shares in a company? Possible? Wondering becoz a lot of people talk about margin call. Scary...

I3lurker, why u say that? Looking at the report, debt actually lower in oct 2018 then in oct 2017. Rev per quarter is more than rm1b bro. Full year maybe arund rm3.5b to 4b. Debt only 630mil.

Damn! Kwap fund manager must be sweating.. Bought like no tomorrow since nov 2017. Up to last week they bought almost 150m shares... From 63m now 212m shares...

Crazy market. must be over reaction. Quarter result did not grow but it wasn't that bad right? I mean some companies still losses n a lot of debt but still people buy their shares. If u compare tht this company still ok. Only thing is analysts all say profit in fy2019 will be lower. Maybe that the reason?

Dream, so what about the debt? U think they can renego w creditors? How u value perdana? Whats ur target price?