up or down after splendid quarterly report?

12th Malaysia Plan will be announced in Jan 2021, anticipate domestic construction will benefit due to slump in retail spending and sluggish export driven by boarders' closure, government has no choice but to boost the economy via infrastructure works and tourism!

12th Malaysia Plan will be announced in Jan 2021, anticipate domestic construction will benefit due to slump in retail spending and sluggish export driven by boarders' closure, government has no choice but to boost the economy via infrastructure works and tourism!

From local institutions, local tycoons, local fryers, foreign funds, retailers to pasar aunties already bought glove stocks since 9 months ago.

So now, who has yet to enter to buy glove stocks and push up the share price for you all? A gentle reminder for all of us.

Short term it's not look good mainly due to closure and restriction of sports activities limited gathering of people, why people bother to spend on sport garments as they will staying at home anyway. But long term it will recover as long as the pandemic can be cured via vaccine and not just to contain it.

Don't hesitate to consult your remisier as it's their scope of work, don't waste your brokerage fee for nothing =D

Me too, first time.

Since QL intends to maintain the listing of Boilerm, nothing will happen if you are not selling unless QL acquired > 75% of equity interest.

Ain't gonna accept the take over since the company prospect is bright with green energy, at the price of RM0.95/share, it is not attractive to minority shareholders as the net cash in the company already worth RM0.14/share.

So using price of RM0.81/share to take over, the offeror is in an advantage to buy a bright prospect business which able to generate income of RM30m - RM50m annually with merely RM418m that translated P/E of 8.3 - 13.9 which hasn't include contribution from the recent acquired solar energy yet.

Offeror is smart to take over now driven by recently high CPO prices, worldwide inclination for green energy leading by US, largest biomass boiler manufacturer in South East Asia, recent high CAPEX of RM21.1m in Indonesia for expansion in FY2020 as compared to annual CAPEX of RM1.0m - RM2.0m.

Good or Bad announcement? XD

Finally superb result out, wait for so long

I don't worry about dividend as their cash flow is healthy. What about their future plans, prospects and expansion?

Mine either, bought on 24/11/2020 and unable to join AGM, kindly share the insight ya

QR result was far less than expectation, PBT was RM0.96m compared forecast of RM2.00m, but if one-off retrencement cost of RM0.65m was excluded, PBT would have been RM1.61m, yet it's still lower 20% compared to RM2.00m. Nevertheless, the balance sheet and cash flow were healthy. So should we buy more or sell?

good result announced, limit down tomorrow?

@sapurakencana because you stated "don't be too optimistic", so I thought you are worry, then I have a chance to collect it from a lower price from you.

Agree to IamValueInvestor, this quarter report hasn't include Mexico contribution yet which expected to commission next year to capture huge dairy market of America and Mexico.

A growth stock with good prospect is worth to hold even there is volatility in share price, so don't worry sapurakencana, any drop in share price is a chance to top up.

@yangxi, boiler is still doing well because they stated "Apart inclusive of solar segment, the increased of revenue also contributed by higher deliveries (I deem it refer to boiler)".

Net cash increased 37% yoy to RM70m from RM51m after deducting borrowings and Board is confident about future earnings based on outstanding order book but with condition Covid-19 is under control.

Bought today @ RM0.895 =D

Fundamental of SALUTE has changed from bad to worse, operating cash flow has been negative last few years and directors sold million of shares during 2018 - 2019 and never buy back. Not a good sign.

Congrats to all patient investors, superb quarterly result announced.

Previous highest of RM4.80 at Aug 2017, so if future earnings able to recover back to 2016 - 2017 earnings, it is encouraging. Let's wait and see.

Local tech stocks are being valued at premium which even higher than US tech stocks, in case an unsatisfied quarter report was issued, this is what will happen.

INNO announced dividend payout with minimum 80% of PAT, based on annual PAT of RM40m, dividend will be RM32m which translated into annual dividend yield of 5.71% excluding capital gain.

Incoming quarter PAT will be around RM10.37m based on TSH quarter report, cheers! So henrychin assumption of RM45m is viable.

Lucky we all top up when it drops, unrealised gain much more now.

Mind to share AGM highlights?

Debt isn't high at all which maintained since FY2011 but the cash was increased tremendously, they are using the debt wisely and it's still a net cash company.

top up at RM0.80

Many are selling, lower please =D

Indeed, it's an sound company with low valuation and expansion plans ahead, bought it during low volume and wait for recovery.

Thanks for selling, keep collecting!

the longer it freeze to fuel up, the higher it's gonna reach =D

Nvm, no matter how long it's been freezed, it will rise based on quarter results in previous and future.

Thanks bro, not sure why it's not stated in the announcement but instead reported in the news. I thought it's a new regulation for all stocks.

Just curious about freeze. It's gonna rise like u said based on sound fundamental and technically.

HamsterHuat how to check the frozen of upper limit price for 2 days? i cant find it in iqgroup announcement

It's just starting to turnaround the profit, why sell so early?

Good, limit up again!

In quarter report, Board is optimistic to achieve "PROFIT GROWTH" in coming year and expect "revenue to increase" in coming quarters.
SKPRES was indeed doing a better job than VS during MCO period but share price increment is still losing to VS due to secured of a new contract.

coldeye had already cut loss and sold all

tomorrow it shall limit up as well =D

bought it early in the morning, target price RM1.40

Vaccine distribution! Thumbs Up!

thanks okang!

As expected, qr result was adversely affected due to MCO but they are confident in its prospect driven by project order book on hand, rebound of CPO prices and solar energy projects.

99% of people around us asking whether can buy glove stock which means everyone from retailers, local institutions, local tycoons, big sharks and foreign funds have already bought glove stocks since MCO on March anticipated higher ASP (one off gain) resulted extraordinary PAT.

So the question is who else will have extra billions of dollars and wiling to push up the current price?

TP of RM0.40 isn't a dream.

my target price is RM1.29 - RM1.59 based on historical valuation with only palm oil broiler, but now with solar energy and water treatment, maybe higher.

awake, awoke, awaken?