Would be more convincing if you have posted week ago before qtr result is out

https://www.thestar.com.my/business/business-news/2019/04/29/us-fund-numeric-investor-substantial-shareholder-in-dayang/

from highly confident share price will skyrocket to blaming company for poor price performance. You are indeed quite funny

Things are cheap for a reason and being a market leader, of course Leong Hup commands a higher valuation. The key is whether there is further growth potential.

For Leong Hup, the growth story lies in their overseas market in Vietnam and Cambodia

With less than RM 5mil freely available cash, dont hope for dividend anytime soon.
Profit is great but company is still in need of cash. Not to mention free cash flow is still negative.

@nckcm Hi this stock quite hard to fly without dividend.. but keep long term wont go down a lot

Why must he do that? If the stock is good, price will reflect eventually.

On the surface, management will have access to greater capital to pursue further asset growth. And this is partly how management get paid. A small % on total asset.

However, I recommend reading the excellent article by Insider Asia in The Edge Weekly for March end on their views with regards to the above perpetual securities.

It always feel good to have other acknowledge your writing. This is me saying thanks for your effort, DK66

https://www.theedgemarkets.com/article/sunway-reit-sets-rm10b-perpetual-note-programme

KFC is China is not owned by QSR. Get your fact right. The franchise in China is owned by Yum brand themselves. So no prospect. End of story.

Great article. Similar views on HKEX have always been voiced by this author which I find similarly interesting to read: https://webb-site.com/articles/hopeless.asp

The fact is the price has always been selling at a deep discount relative to the NTA. Thinking that this will close right after you have bought the share is naive. Looking at historical chart, the gap of the discount remain unchanged throughout the years. Reason for that include conglomerate discount.

Well said and well articulated article. KYY should be glad the price drop this much to allow for further accumulation if his TP RM3 is "easily achievable"

22/3 will be the first time Top Glove release their Feb Qtr result this late and you guys still think it will be a good qtr?

If it is good, there should be no delay.

If is it so good, you wouldnt be promoting like mad.

Revenue increase dramatically in last qtr and losses were made only due to reversal of one off impairment. Barring that one off impairment, next qtr likely to have huge earning improvement!

How do you determine Karex is in a net cash position when it only have 42mil in cash and cash equivalent?

Why share article from 2016, 3 years ago????

There is a reason why Sapura drop so drastically and it is because their management is totally and utterly incompetent. Just look at historical share price when crude oil was at USD 100+ and you will share price performance and earnings was average at best.

I cant see any impairment reflected in the latest qtr result. The next one should reflect it, if any.

Having taken it and passed the level,I would say the program is a generalist one which will no doubt helps you in understanding financial statement and its nuances and provide proper framework in stock valuation. But your success in doing so still depends on you.

Want to say I really enjoyed your talk. It was interesting and fun. Thanks a lot for sharing.

i3 should have a report function to clear off spam comment like sarawakian63 above

2018 NP = 64.664mil and divided by 514mil latest outstanding shares, we get RM0.126 EPS.

Applying PE10 on it, we get TP RM 1.26 :)

This would be more credible if it was published before 2nd QTR result was out yesterday.

Lower margins but good cash flow generation on its operations. I wouldnt worry too much.

If you even remotely think this company is going to turnaround, dont bother. These are the kind of China companies raising fund overseas and pocketing it themselves, producing fraudulent financials. Watch "China Hustle" for similar stories in US.

Something is brewing here... last 3 days uptrends with meaningful volume

Where to register for the investment talk?

Great news!! Def a buy on Monday

Also, I am not sure all the 1.2bil revenue can be recognized in current financial year so your analysis might be wrong.

Given your RM273mil is correct, the EPS cannot be extrapolated from previous years as NOSH has increased. Current shares outstanding is 753mil.

So 273/753 = EPS 36.25 with PE 7, price will be RM2.54.

6 mil share buyback today to sustain the price. interesting!

Noticed this company invest RM7mil into unit trust as of Sep 2018. Why put so much into unit trust and not invest in core business?

Appointing Wan Nadiah as their CEO at age of 34!!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6044041

Despite the utter incompetence of management, ppl are still wiling to invest it this stock huh. Funny

Of course bonus issue will decrease stock price. But overall portfolio value remain unchanged. Reason no.3 is a joke

That was window dressing

May I know where to find more details for the conference?

RSI above 80 already. Traders just need catalyst to sell, which is the QR.

Market leader in the field of digital security by revenue, good cash flow and relatively cheap PE of 10.1 Whats not to like?

Market decide to goreng the stock and thats your fault for thinking the trend will continue

u got to be kidding me. Still up form its listing price of 1.42 dude

Ne one talking about this when it is up 7% intraday??

I dont think so. Their hedged exposure are low how to recover? auxiliary income wont help much also.

And what PAS can do but worsen it?

who can believe this was the IPO where everyone who subscribed get all the allocation? haha

Rising crude price was already expected and yet I see people here remain positive before this week drop. Now start falling then complain

No concern on fuel cost?