i haven't seen d&o, for jhm, q4 gross margin at 24.19%, highest in 2020, group undergone cost optimisation programme. Inventory stays high at over 34mil, prepayments/deposits logged higher at 5.7mil, highest in 2020, trade receivables also highest in 2020, over 130mil. These pointing to bigger orders received than q3. In the prospects mgmt said doing expansion plans with new customers from automotive and industrials, so i suppose coming qtrs shud be ok..just my opinions.

tsmc scaling up 5nm productions..
https://www.digitimes.com/news/a20210226VL202.html

007007, thanks! thats nice...I saw the trade receivables hit upto over 200mil! looks like orders were big :)

007007, thanks! no wonder company hired more workers for production needs in q4..

stevenckheng, i suspect partly from reversal of inventories/trade receivables written down and forex gains, after they managed to re-sell the old stocks in inventories (page 19 and 22).

great results! btw does anyone know what is the new product the company builds in q4?

cant wait for the fantastic QR later!

also saw mr khor bought from open market over 200k shares at over RM6..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3132157
i like the mgmt using their own pocket money to buy back, that shows that they are confident enough..

IMwhatIM, according to the website, Ms Koay is the CFO of greatec..acquired over 100k shares on 24th..

cheers bros!

fl888, hmmm very interesting info...thanks!

thank u york, always appreciate ur inputs :)

and 2.5sen, nice! thank u inari management team!

Thank u to the Frontken management team.

shazza, haha no problem, important thing is u und and do whats best for your own portfolio :) cheers!

jason, ya, if not mistaken, the no-condition acc1 withdrawal is never done before even during 2008 financial crisis..

cheers!

shazza, for ur case, u have few options-
1. fork out own money to buy today, say at price 1.86, 100units, cost will be about RM10 +/-, so dividend u can take full cash.
2. go for drp, pay stamp duty RM10 + postage stamp RM1.50, 99units priced at 1.88.
3. ignore, do nothing and take the full cash.

question u can ask urself-
i) option 1 - do u need to buy more than 100units? so it is more worth the commision/stamp duties paid? what will this do to your final avg costs?
ii) option 2 - what will be the final avg costs? will result in oddlots, u plan to sell all soon?

i3kyan, good question, there are a few things u can consider -
a) the dividend payment date is 11-March, will the price be higher than 1.88 or lower than 1.88 by then?
b) how many units u are entitled with this drp, and how many u plan to buy on 11-Mar if u skip the DRP? what is the difference in terms of the costs? what is the impact to our average costs?
c) do u plan to go for short term or long term?

for me, as I am long with it, i dont mind if the drp price is higher than market price, and my units entitled are not big enough to make much difference compare to i buy myself in the market by then, considering the drp is without costs (except for the stamp). But if you are short term, then yes, u shud consider take full cash.

kensington, thanks for the info! at least thats fair la, they re-do the DRP in next qr :)

jason, there are many reasons that I can think of, some of it include-
a) epf disposing to meet i-sinar redemptions
b) fund mgrs rotating from defensive assets -> growth stocks
c) inflation outlook is heating up as oil prices and raw materials rose
and yes, inflation comes before rate hike, but in stck mkt, stock prices react well before the actual thing happens. and in a rising interest environment, reits with big floating rate loans will incur additional finance costs compared to fixed rate loans. So for axis, the 47% of the loans will incur more interests when rate is up.

anyway, just received forms for the DRP today, will sign and mail back soon :) if u do not intend to enroll in the reinvestment plan, just ignore them.

Kensington, oh? so what happened after maybank cancelled the DRP? everybody gets full cash? did maybank replace back the DRP in the subsequent quarter?

a quick check on the Q4 presentation materials, the floating rate loan axis own was at 63% as end of 2017, slightly on the high side, therefore interest rate hikes will have them to pay more interests..comparatively, as of end 2020, floating rate was 47% of total loan, which is better if/when there is rate hikes.

mm i did not say qr is not important, just that we shud not based solely on qr to decide, whether or not the tech companies will still grow after the vaccine only time will tell. cheers!

haha, ok..anyway, plenty of liquidity, covid cases sloping down in high-vaccinated countries like Uk, Israel, etc, semicon shortages, EV ramp up, US govt subsidies+stimulus, i think majority of the techs may still be doing ok..

dartmaster, we need to see the prospects, and the past movements of its share prices. Stck mkt usually move ahead of its QRs (bcoz QR is history)..

@IamStillNew, just did a quick check on early 2018, appeared that BNM has hiked interest rate in late january, markets adjusted the reits (most reits corrected if not mistaken) ahead of the rate hike decision. Defensive assets like reits, bonds are usually sensitive to interest rates movements. During inflation periods, rates hikes periods, defensive assets usually underperform, compare to growth/riskier assets like stocks, 1 of the reasons being companies business can pass on costs to consumers, whereas reits, or bonds, usually their rentals, coupons are fixed during the contract periods, thereby less attractive comparatively.

Sillycow, here:
https://klse.i3investor.com/servlets/ptres/58565.jsp

wait for altis motors to place orders with Greatec..

yes, i-sinar with 0 condition withdrawals is a very probable 1 of the reasons epf keep selling stocks; during the pandemic, already there are many who suffered job loss, pay reductions, all these contributed to much smaller inflows to epf every month, now that there are i-lestari, i-sinar (which it touches on the account-1), epf have no choice but to sell equities/bonds to raise cash, among the stocks which we can observe are some of the bluechips or stocks epf own. A few notable examples: inari, pbb, reits, tm..so on.

https://focusmalaysia.my/mainstream/the-govt-is-pushing-epf-over-the-edge/

surprised with the dividend, payout of 75% of fy20 profit. rewards to the loyal holders, cheers!

improved numbers across the board, ROE, margin, revenue, profit, delivered as promised! Steady.

rising oil prices attract increased oil activities by big oil companies like Petronas which results in more maintenance works/contracts for Frontken. Indirectly, yes. Can check their previous QR for oil/gas related prospects.

good bye, thanks for all ur contributions, hope the niu year brings u happiness and health, and then wealth!

i think the main reason was India, being major importer, has increased their import duties on palm oil, effective feb 2021...

worldwide chip shortage, tsmc continued to pump full force, no worries.
https://www.digitimes.com/news/a20210209VL200.html

hope to see it by 22-feb becos director has ''hinted'' with bursa announcement to deal during ''closed'' period on 22-Jan..

@shazza, the ex-date was 4-Feb, so if u have hold any units on 3-Feb, those units are entitled.
@Jiawei, u could refer to the earlier posts about these.
@invest4tomoro, there are many factors and reasons why a share could drop, but for this, I will tend to believe it is from disposals by EPF, we can check the announcements. And I believe the withdrawals from i-sinar, and coming dividends also part of the reasons why they sold.

Lolanto, no mention of this in analysts reports, is this just happened not long ago? or insider news? :)

an interview with the axis reit ceo, ms leong kit may:
https://klse.i3investor.com/blogs/sinchew_company_story/2021-02-02-story-h1540277117.jsp

that is good news fujito! more customers!

so true york, again thanks for your advice, appreciate!

wow thanks peace! didnt know can sendiri download and send them :)
but closing date is determined by them i think bcos they need some time to prepare, as the crediting of extra units will happen on 11 march according to the announcement..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3122804

hope management to shed some lights on their 3nm facility capability in the coming QR, that wil be awesome!

TheThird, last month's analyst briefing did not mention about that..i checked several brokers', no mention...

basically share prices is like the pet dog, the company business is the pet owner, so as the owner brings the dog for a walk in the garden, the dog will wander around, but ultimately the direction and destination is determined by the owner (company business).

oh..hmm, maybe u can contact Boardroom on this...how they do with those who are staying overseas..
T: +60-3-7890 4800
F: +60-3-7890 4650
For General / Sales Enquiries:
info.my@boardroomlimited.com
For Share Registry / Shareholder Enquiries:
BSR.Helpdesk@boardroomlimited.com

oliver, what was previous high? 473?

@Peace99, haha no prob. but take note ya, when u have over 16000shares in ur acc, the reinvestment form will need to stick a RM10 duty stamp on it when we send back, if less than that, there is no need of such stamp.

thanks for the tips again york!

mmm apple or microsoft are not semicons, though they are also ''techs'', not an apple-apple comparisons...u shud compare US-broadcom(avago) or smth similar, see its PE...
and if we only use PE to judge a growth stock, i think one would have missed the entire bull run...as the PE was already high even before the bull began last year..we should also consider the growth prospects and industry updates for growth stocks, not to mention, semicons/techs are cyclicals, shud not invest when it is ''low'' in PE, because when that happens, we will need to be extra careful becos money no longer flows in, company already reported excellent results => price stagnant, earnings jump => low PE...see the gloves u will see smth there..

zen, from observation, suspect its due to shift of portfolios, institutions reducing reits exposures as they are less exciting growth than techs/recovery plays. A 1500-2000lots of buy queue will not be able to absorb the sells by institutions, not to mention buyers are not in hurry to buy into reits at the moment..so price was not able to rebound back quickly..just my opinion.