double thumb

hi! Hewiester, O&G play in only bet in SKpetro these days and only for trading purpose. As for Wah Seong i'm quite neutral in it. Price wise i expect it to stable for the time being and needs new catalyst to boost up price. As for Prestar i will add more on weakness. Tips for u ... have a look on Penta Master. Me already in @ 1.21. If u interested lets discuss in Penta i3 cos not nice to disturb Prestar conversation here............Cheers!!

Problem is market kaputing

release 50% 1st

Bro, concentrate on Prestar, you will be greatly rewarded if you put more patient in it. Didn't u buy more this morning?? Me yes wallop at 0.715/0.720/ 0735.............. :)

TP --- 0.95 to 1.00 Cheers!!

pandai

stockraider : Great in-depth explanation.

Good, what matters to me is not the lot size among us. The important 1 is that we share the same view that this common portfolio is of great up side potential / prospect and we shouldn't out do each other in selling among our self. From today trade session, the 75 mark should be break convincingly coming Monday.

Do you notice that today (25th Nov , friday) Prestar is in the TOP spot in term of top gainer among counters in Bursa ( % increase ). As i say during bearish sentiment, investors or players should able to identify potential money making opportunity cos of limited uptrending counters. I expect many more ppl will join in the wagon as the current price is still plenty of room to appreciate.

U can consider higher range like 0.85 ~ 0.90 instead of 0.80, any how profit taking point is always up to ur own discretion. Cheers!!!

so far so Good. :)

i think road block setup to makan our stock, any idea??

Game changer

http://www.bloomberg.com/news/articles/2016-11-24/solar-panel-roads-to-be-built-across-four-continents-next-year

Most of the time the TP is beyond my control, and for this ctn. i set it at RM1.00 which i think a realistic figure. Unfortunately 75 is a jinx number that so hard to penetrate and lets see how the vol. built up starting tomorrow. No selling anything lesser that 0.75~~ 0.80.

Nowadays, with so many uncertainties i notice many merely aim for 10-20 cents appreciation. My recent encounter in FBBLD which suppose to bring me 15K profit if i'm not too stiff on my own TP which i set at 1.82. Lesson learn if price really u-turn i will probably unload 30-50% of my holding and by back when cheaper time but i can assure u Prestar will be a mid to long term investment unless fundamental change.

My principle always be big holding (Big lot) always try to be as patient possible, hope to win jackpot. Small holding which lies bet 10000 - 30000 lot is mostly for intra or short term position to make some lunch money. Cheers!!

abb9500, out of so many steel counters i only have Prestar in my portfolio currently as most of it has appreciated by 100% to 200%. What more to expect, take profit la. The reason i concentrate in this company is 1st. : it had been consistent in delivering +ve results for at least 4 consecutive years + decent dividend payment, 2nd. due to limited available fund, 3rd this counter has been a lagger compare to others if you really do a PE calculation.

If you closely look into the net margin which is merely 6%, any additional cost impose will surely pass down the line as it effect the would industry as a whole. With this margin i conclude that this business is straight forward trading business with bright prospect cos budget will surely touch on ECRL and HSL besides the on going MRT, LRT, new expressways.

The closure of cronyism Megasteel has broadly improve the margin command by the industries and u expect Gov make U turn so fast.

For a bright investor, during this bearish enviroment, one should choose lagger stocks with bright prospect. If tmr opening price is below 0.660 i would like to add a least 200,000 lot on top of 80000 already on hand, how about u??

if 4Q steady as 3Q PE 8 price can be RM1.30. Can easily double up theoretically, Now see how market react esp. market maker. IF response is good, tmr limit up. This counter need more exposure if want to be another mycron.

Count 3Q only PE less than 6

tmr sure sui sui. Good luck!!!

I dun have any B. Armada share with me and very reluctant to press buy button. The reasons why :

1) This company borrow huge amount of USD for its operation and invested heavily on few FPSO ( machine ) which will be largely effected once FED increase rate this year end.

2) OPEC is not united at all and the current crude price have to take into considerations of non-OPEC producer such as US, Russia , Europe north basin and etc. World energy consumption is weaker by days and the improvement in renewable energy sector is gaining traction will add salt to the wound.

3) Non-payment issue ( I'm not sure ) but if its true will have big consequence on cash flow and impairment lost. Advice share holders to check in detail on this. This is likely one of the cause for the fall of Swiber ( small cap ) to Hanjin ( Korea shipping giant ) recently.

4) Risk of IDLE - jobs are less and very competitive now and national no 1 operator Petronas also in a headwind will force Armada to look abroad like Africa nations which will expose it to geo-politic risks. After all FPSO are machine and depreciate with time, this mega structure also need substantial amount to keep afloat.

5) AK is well know to privatize and relist its stable of company be4. Tract record shows he is not generous giver and always got the best timing for himself. Thus far no personal buy back or treasury purchase for moral support for shareholders.

I seldom give negative commend and would like those who wish to invest or average down to obtain more details and wait for reversal in trend. Now i sense a lot god of gambler around, TQ.

Share price drop by 40% from RM2.5 2 months ago. Technically its broadly over sold but the question is how come this company is making a LOST when CPO and FFB price is at its peak at this moment. Really fishy.

Hello! its +2.79 cent profit. Don't mislead ppls.

Will listen to stockraider advice. Yesterday got many chance to unload at 1.71 also dun want takan sell at 1.55. Any how my prestar and skpetrol making money. Cheers!!!

profit become LOST..........haiz!!

setback !!!!

slowly accumulating

2 cents expert is here

great run. Me sold early. Anyway congrats all on board.

CNBC Reporter (Q) : Do you think Malaysia would consider re-pegging ringgit since it touches historical low of 4.53 yesterday??

Premier CUM FM (A) : Sha la la la la, stupid reporter asking stupid question, u want me to peg at 4.8 ka.

Of course i know what happen in Q1. Property counter can only sell house, apartment or condo only can be consider profit. Land can not ka bro??

FY2016 : -
1Q - +17.33 eps
2Q - ( -2.85 )
3Q - ( -4.66)
4Q - ( - 0.68 )
Overall = +9.15 eps

FY2017 :-
1Q - ( - 3.02 ) eps

Its not right to conclude GOB FY2016 is a lost making year. Generally every 1 knows property sector is enduring a downward cycle , thus a reduction in profits is common for the industry. Market had also react whereby GOB market cap has been reduce by half which i deem harsh and over react.

Lets compare with Ivory Properties Bhd which both under property sector, same par value ( 0.5 ) , very close share issued and register an overall of 2.56 cents eps for FY2016, then u will know how oversold this GOB is.

Back to TA, for the past 10 years RM 0.30 is always a solid support price and launching pad for price to reverse trend except in 2008 ( collapsed of Lehman Brother ) where it recorded a lower of 0.25 cent. I believe this time there is no exception also and the golden question is when.

Acceptable for current shareholders not to pick up extra, but definitely a NO NO for asking them to sell at this price. Akin buy at 0.5 and sell for 0.3, whats the logic here. TQ

Davidkw79, have u totally dispose this so call rubbish stock already? The reason i ask so is be'cos u seems to have plenty of shares to unload by the way u asking ppls to sell everyday.

A glance thru my record, its seem that i sold at RM.0775 (13/12/2013) and the price traded today bet 0.305 ~ 0.315, definitely attract my little attention. ( 60% discount )

Market always presume that this ctn is link to Desmond Lim because Dato Choo Chuo Siong ( Pavreit Director ) has emerged as substantial S/Holder on 9 Sept 2014 with 14,900,000 shares.
Recent cash call announcement suggest Choo did subscribe more than 100% r/issue with current shares of 36,048,800 (7.9300 %). I have no idea its Dato Choo own decision to invest or pay by Desmond to be his proxy in GOB. With Choo holding of less than 8% and NOT even sit on the board, TS could dictate the direction of GOB?

http://www.thestar.com.my/business/business-news/2014/09/10/choo-emerges-as-substantial-shareholder-in-gob/

Although Da-Men mall dispose did not result in big profit but it mange to unlock a big cash pile.

http://www.focusmalaysia.my/Mainstream/Desmond%20linked%20%20to%20USJ%20mall%20sale

If exclude ALL assets own by GOB, the recent right issue amount rise is already very close to the market cap of GOB today.

FYe2016 overall is still a nett earning of 9 cents per shares.

I don't see any needs to sell this cheap.

cool

Sometimes its good to bet on counters with high NTA, which is the case of Melati Ehsan with Net assets per share around 1.76. If base on price / book value , the ratio is still very much less than 1.

Management could decide when is the good time to realize investment gain and the lock in profit can be retained in the company ( CASH form or for future investment ) or distribute to shareholders in term of special div. As for Melati, it still got plenty of assets on hand beside normal operational business.

I agree that FA is important but sometimes its hard to explain why some over leverage ctns like Pmetal , Inari , Myeg , Gkent can command such high price??

Base on FA alone do u all think Melati or Econpile better??

Many retailers think that today itself, this counter jump by 41.3% and hard to go up some more. The below break down will help to understand more :

1) Investors who starts to collect bet. 0.750 ~ 0.660. ( big thumb up to them and they deserve this jackpot for their perseverance and faith in ME) No of ticket cross hand is negligible if compare with the vol today.

2) Initial investors who enter bet. RM1.00 and above and did manage to average out when it dive to year lowest of 0.660. Many fall into this category and it also depend on how much initially invested. I doubt many already cut lost instead of topping judging from downtrend from 1.560 to 0.660. I guess the average price also will be more than 90 cents. To be precise, any bro or sister fall into this catagory, can kindly enlighten us?? Melati price movement up/down depends on them as this is the largest chunk of shares held. ( thats why advice them to be cool ) . Happy for them to see sunshine out of silver lining.

3) Investors who brought cheap many years back and didn't lock in profit when it peak at 1.500. ( No comment. )

4) Today players, counter open @ 0.860 with small vol and build up significantly when it cross 90 cents, thus paper profit is not 40++ %. Me fall in this division so give me a eight tomorrow.

4 + 8 -----------------> Huat arrrrrrrrrrrr!

No matter what we comments also, Melati is the " chosen 1" which no FA or TA can explain precisely. To those fence sitters , why not make small bet tmr and cheers together instead of watching free movie ticket as it wouldn't cause u a fortune base on my calculated risk. TQVM

current price is a BUY! BUY ! BUY!

should follow Tecquan foot step if all current share holder be cool when selling. :)

see u all at 1.820. Bye!!!!!!

103Million share only.Small amount issue, so no hurry to sell.

no happy meh!!!

shallow water, sharks come kill and cook shark fin soup. Yummy!!

last minutes got supporters!!!

Just buy in today. Hope in the right timing, :)

sold @1.37..... Best of luck guys!!!

R1 --- 1.36 , R2 --- 1.5

today. No turning back. Hahaha!!!!

USD-MYS gap up almost 1.48% in the opening trading today. Wonder , what will be exchange rate if FED did confirm an increase in interest in near term soon. Export counters will enjoy the windfall but the question is how much did we leverage on this scenario.

Our gov. had issue billions and billions of dollar-USD denominated bond or sukuk. A slight adjustment in interest rate will effect us tremendously.

If Hevea drop tmr. make sure kawan-kawan sapu kau-kau in order to leverage on the weakening RM purchasing power. Remember this counter is also debt free.

dividend gave. Now capital gain.

" We minority should be grateful with the current price movement recently. Better than trading sideway and idle for the past 6 months. "

5 market days have already flush out a lot shareholders who are too ' absurb ' with stories of few fortunetellers. Congrats ! to those who have faith and top up during weekness time.

Once's the usual blocking price 1.2~1.22 break we should see Hevea trending with a new high. Be patient fellow comrades.

Hevea with no debt will have the upper hand over its competitors in marketing it products as the chances of FED increasing interest rate will be almost certain soon.

BUY or SELL? u guys really make me " pening ". Let me share my personal experience in share investing where my last comment in i3 was on DRBHCOM.

Start buying 6 months ago around 1.2++, and eventually average out to 0.885 with 180000 unit on hand. Still remember during that time, there are a lot negative comments similar to Hevea now. I'm certainly not hard head and b'cos i see value, i manage to add in more when prices further press down. Wala! manage to cash out with avg. price around 1.30 recently but the sad part is 1/2 year waiting.

My simple rules in trading - " Value " and " patient " . To me Hevea is cheaper than few darling in its sector likes FLBHD, LIIHEN, PoHUAT, SIGN, EVERGRN, SHH, MIECO and etc. For all fellow minority shareholder, be patient and no need to jump up side down when price is down by few bits. Overall market is trending down for correction and recent selldown of FLBHD and EVERGRN did add a bit pressure on Hevea. For those rumour mongo, pls work double or triple hard as my current basket still got plenty of space for more Heveaboard.

Current price " Value" -
i) Net cash on hand and increasing Div payout ratio
ii) Low P/E ratio
iii) Simple business model and well establish brand name. ( Basic for modern furniture materials )
iv ) Well manage company. ( Should give a big clap to the board judging from the current market condition whereby Hevea is within 100 company that still manage to increase its revenue and net profit out of 1000 listed entities in bursa Malaysia. )

We minority should be grateful with the current price movement recently. Better than trading sideway and idle for the past 6 months.

CURRENT position : 50000 unit @ 1.200 . Cheers!!!!!!!!!

clap clap

pondan

elephant fight rhino

break 1.13 .... nice