wow, results belum out already fly! cheers guys!

i looked at the inventories size for june quarter, increased over 13% from mar qr, more than 7.5% for march qr over dec qr. This is also coupled with multi year high trade receivables. It is considerably safe to assume that business is going to be busy for months to come.

wat a pleasant surprise, 2sens divy + bonus! ^_^

wow! really fantastic!

wow you lai le..!

wow thats good news pdchs, insider tips?

Thank u to frontken management and employees. Now patiently waits for the renovations and setups of the new kaoshiung facility...

Quoting from Cimb :-
The stock has rallied and surpassed our target price of RM17.00 after we
issued our trading buy call (please refer to 13th Jul issue for more details). We
expect further upside for the stock after it formed a long white candle and hit a
new record high on Friday. The stock’s move above the key RM18.10
resistance (the Feb high), which left an upside gap, suggests that a bullish
outlook can be expected here.

Moving Average Convergence Divergence (MACD) is trending higher while the
Relative Strength Index (RSI) is still rising despite being in a moderate
overbought condition. There is no significant reversal sign yet.

We continue to like the stock and recommend traders to go long now. A stoploss
can be set at RM17.50. Towards the upside, we are eyeing the near-term
resistance level at RM21.00, followed by RM22.00.

good piece of info there york, always appreciate ur input.

thanks for the sharings guys, cheers!

in my opinion take the brokers' reports a grain of salt, in the end let the company prove with its numbers..of coz it is upto us in the end whether we want to ride with the company or not...it is ur call..cheers!!

Fantastic QR! Goodjob for all Vitrox management and employees!

peace99, yes it satisfied. according to the 2020 annual report page 27, axreit paid out over 99%. Link below. And I dont think the 10% tax will be refunded as govt has given incentive to the reit manager to bypass the RPGT and stamp duty (refer to the article above)..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3133473

peace99, yes, there is a Witholding Tax of 10% for us for the portion of taxable income. found this article about reits, quite informative :)
https://www.propertyguru.com.my/property-guides/reits-malaysia-everything-you-need-to-know-30925

dakewlest, nope, (90%*1.89sen) + (0.51) = 2.211 sen..
provision of doubtful debts by Yongnam engineering in johor...ouch...

thanks dawchok, a very informative session by Mr Lau :)

about 2 more weeks for q2 results? yummy..

you lai le! :)

greatec the Great!

prolly not latest news, but worth to note..
https://www.marketwatch.com/story/apple-boosting-iphone-production-by-as-much-as-20-this-year-report-11626232935?mod=mw_quote_news

fantastic mpi!

quick question, what is the probability (in %) of going down again to 2.6 or 2.7x range?

wow, you lai le..!?

they pandai oso la, stagnant time only sapu...rising time is most retailers' sapu time.."=_=

yes, now waiting patiently for the people to arrange for renovations and setting up...
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3174144

wow lembaga tabung haji masuk le..!

wow lai le...

all the required 25% public shareholding has been disposed off. The story gets interesting going forward...

cant wait to see the 50,000 sq ft expansion in suzhou to be completed by q3!

wow, positive news announcing soon?

probably due to high covid cases (near 6k) even after near 1mth of FMCO..mkt expects govt may take more stringent actions soon as further extension of mco will cap the productivity in Q3..

any insider news? 1 day up all kinda thing? :D

yes, saruman is right, the forced labor was on ATAIMS, not vs...
https://www.klsescreener.com/v2/news/view/843809/ata-ims-falls-as-much-as-7-33-on-allegation-of-exploiting-foreign-workers

lai le..
https://www.bloomberg.com/news/articles/2021-06-21/axiata-telenor-said-to-ink-11-billion-deal-for-malaysia-tie-up?srnd=premium-asia

steady..ride with Templeton!
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3167750

@ballsapart, it is the free warrants which directors are entitled to, can check the announcement in bursa, one of them is-
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3167414

From CIMB,
Reiterate Add with higher fully-diluted TP of RM1.58
In light of the earnings beat, we raise our FY21-23F EPS forecasts to factor in better
operating margins and a more favourable product mix for its Malaysian operations. We
maintain our Add call on the stock with a higher TP of RM1.58, now based on a fullydiluted
(from non-diluted previously) CY22F P/E of 19x, 1 s.d. above its 5-year mean.
The premium to its 5-year mean is to factor in its long-term revenue growth from its
newly-secured clients and the potential securing of new major clients, which we see as
key re-rating catalysts. Downside risks include: i) a sharp slowdown in order flows from
its key customers, and ii) higher-than-expected operating costs.

looking at the receivables and inventories, looks like Vs will be more busy for months to come!

happy dragon boat festival guys!

taukeh masuk again at 5.44 avg price with 490k shares! steady..

1 of the few companies which reported stronger QoQ, not to mention fantastic YoY. Suspect the stronger QoQ trend to continue into Q2 as guided by the optimism of management. But shares not ''popular'' among retailers as it is of high price, and liquidity is low.

nikko, the first day price was 0.305, because it was given free, so market demands determined its price. and 305 is the max of bursa limit, because shares with below 1.00 max limit per day is 0.30.

DBS Group Research 10 Jun 2021

Key summary points:

9MFY21 earnings in line with expectations
Revenue decline from lower volume and lower ASP on q-o-q basis; expect soft quarters ahead
Working to uplift WRO ban by CBP – this could lead to higher volumes in the future
Valuations are attractive despite factoring in ASP normalisation
Maintain BUY and TP of RM7.25

taukeh came to give confidence -
https://www.theedgemarkets.com/article/greatechs-earnings-will-not-be-affected-issues-lordstown-motors-says-ceo

wow taukeh masuk 600k shares!

@sogbashen, ok, i just found out for N2N based (like cimb itrade), u can see it by right click the stock, then select Stock Info/Tracker. Look for ''Total S.Sell Vol.".

@sogbashen, in your trading platform, right click at the column header at the top where Vol, price, % is, then look for ''Insert New Column'', under Basic Info, or Transaction Info. Look for ''RSS Vol''. Mine is excel force platform, not sure about N2N ones though..

Fklim, shud have some agreements finalized by 2nd qr..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3146317

Tesla's shipments in May surge 29% after april's slump...anyway Ev burst or not time will tell...

huatian tech. will need to sell about 9.1mil shares after co. sells the treasury shares to meet the 25% spread...hang on..