@Valgrovest


Refer to CU mart revenue and profit for last 5 years.

https://www.reuters.com/companies/282330.KS/financials

@Valgrovest

Refer to family mart revenue and profit for last 5 years.


https://asia.nikkei.com/Companies/FamilyMart-Co.-Ltd

Lack of foreign workers to harvest

I believe CU store is quite similar with the family mart and K-mart which already in the market for some time.

Don Don Donki, also spreading its wing to Msia recently.

Too many of these store concept but low profit margin will expect fierce competition for market share and of course razer thin PAT.

Just wondering why no one comes out with premium outlet with fat PAT.

Even if that is true, ytd Nasdaq had appreciated 1,000 points and last 52-weeks gained 4,000 points and last 60-mths surge 9,000 points.

Correction of 1,000 points seemed reasonable.

Eat healthily with frequent exercise and yearly body checkup and avoid the stock market if it creates stress and sleepless nights.

Useful information from Nomura. Thumbs up.

You are right.

Go for others if you want short term.

Yeah.
Stock don't go up or down in straight line.

There's ppl who buy and some who sell.

Buy the growth story or sell the company is no longer able to grow.

Simple.

No need to publish up 12 cent, down 10 cent next day and repeat it daily.

We are aware of the price movements duh.

Yeah, don't really understand why need PP at this time.
The company is not short of cash.

Any increase in capacity or new equipment can be added gradual as customer normally provide staggered demand throughout a few years.

petramaises , i disagree.

Glove companies production capacity had been growing year on year since the 1st day the started operations.

The supernormal profit only kicks in when they are high ASP prices.

Before pandemic, most asp are between USD18-USD22 per 1000 pcs depends on types of glove.

Today asp (with spot price) is between USD75-USD90 from peak of USD100-USD115. Blended asp is only between USD45-USD55.

Without the high asp, production capacity doesn't really help much as the additional capacity are normally allocated for spot price which is the highest asp which represents only less than 25% total capacity.

To be honest, very few people invest in glove stock before this pandemic. Go figure.

Durian tree typically start to produce fruit after 6-7 years.
It's a long wait for many if the company only starting planting last year.

Semicon biz are heavy capex especially foundry like TSMC and Samsung.

WIthout deep pockets, it's another failed attempt by DNEX.

Khazanah has more than USD30bil fire power, yet they failed to turn it around.

What makes DNEX and their chinese counterpart with less than USD300mil can do?

RM40 is possible, next 10 years from now when their annual capacity reached 100 bil with blended ASP of USD40 with assumptions USD1=RM4 and pe=13x

Quarter result will be out soon.

The share price will justify itself accordingly.

Have share buy back is a good sign.

Seems Supermax and Harta has similar revenue & profit last quarter.
But the market cap differs by almost double.

Supermax looking to re-test 11.90 resistance?

Mr.Sm Invest123, Pentamaster expanding biz to China?

Quarter result coming out soon.

Will determine the direction of the price in coming weeks.

https://asia.nikkei.com/Business/Tech/Semiconductors/TSMC-tackles-Taiwan-drought-with-plant-to-reuse-water-for-chips

Up next is goreng pisang.

yeah, 1 day show only.
Well, better than nothing.

Still blogging on gloves.
Since already sold, look for others.
Gloves aren't the only counters that you can profit from.
If you are good, you can always spot new ones.

firehawk, it's possible the share price will be adjusted lower below RM3 due to Bonus issue 1 for 1 since the last one in 2018.

I think AA is trying hard to supplement it's income that usually comes from flights.

With covid numbers still elevated, other biz are also affected.

With cash burning on monthly basis and no visibility on borders opening by dec 2021, AA recovery seems bleak.

But pro gamble is taking his bet, let see if he decides to quit without opening all the cards.

https://home.kpmg/us/en/home/insights/2020/01/tnf-taiwan-funds-for-certain-investments-not-subject-to-surtax-imposed-on-undistributed-earnings.html#:~:text=Under%20Taiwan's%20income%20tax%20law,surtax%20on%20their%20undistributed%20earnings.&text=The%20investment%20incentive%2C%20thus%2C%20allows,amount%20of%20the%20surtax%20liability.

Lame excuse given to dispose his shares.

newbie2y, on 7/5/2021 warrants will be listed for 5 years.

Expecting major shareholders representing 42% shareholding eg:Dazzle Clean Ltd(Ng Wai Pin, Yong Ming Chong, Tan Keng Soon), Ooi Keng Thye
to exercise.

Yeah, the surtax from Taiwan operation.

Hopefully, the company will reveal more on the progress of US operation since they have issued out 500 mil shares of warrant(RM4 ex-price) for future funding up to RM2 billion.

China using more vinyl glove than nitrile or latex

Q12021 will be out in 1-2 weeks time.

Numbers and management's comment will provide more insight.

Up next, Supermax is the most underrated stock by KYY

With Covid cases looks to prolong, pro gambler may lose his pants.

@10Bergkamp

Inari financial year is June.

So next earnings result for Jan-Mar(Q3)

@HonLee

Based on the largest client earnings.

Do monitor my figures vs the actual.

Then let me know if my computation is wrong.

Considering from IPO price till now, it has appreciated 1,200%. A rest and consolidation is expected.

@Ben Tan

Is it a typo in your last sentence?


............actual decrease in delivery time for the period is 75 days, which is 17.6% decrease, explainable with the 20% increase in production capacity.

Should it be:

.........actual decrease in delivery time for the period is 175 days, which is 41% decrease..........

Demand for nitrile gloves drop 67% from Dec 2020 to Feb 2021.
Nitrile=510 days to 200 days
Note: Last meeting in April 2021 for ESG issue, updates from Tan Sri is 170days


Refer to Slide #13 (dec 2020)
https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/Assets/corporate_calendar/TG%20IR%20slide_091220_CLSA.pdf


Refer to Slide #9 (Feb2021)
https://www.topglove.com/App_ClientFile/7ff8cb3f-fbf6-42e7-81da-6db6a0ab2ef4/Assets/corporate_calendar/TG%20IR%20slide_240221_Daiwa.pdf

Now the page for latest slide in April had remove this statistic.

Up to each of you to define what it means.

Wow.

Didn't know still have so many fans of glove counters still around.

Those who bought at first news of COvid in Jan 2020 would only cost them RM0.61(adj for bonus issue).

Supermax reach a peak of almost RM12(adj for bonus issue).

That's 20x or 1,900% return.

Not much meat to buy at this price.

Q3 result to released in 1 month time.

Revenue looks to hit RM400m and net profit should surpassed RM100m.

Dividend estimated RM0.028 per share.

Let's enjoy the growth of 5G from 2021-2024.

Yeah, Keysights is the US customer


https://www.keysight.com/my/en/about/newsroom/news-releases/2020/keysight-technologies-wins-2020-big-innovation-award.html

Based on the earlier announcement, it's free warrant. No price.

But it will start trading and limit up till supply and demand normalise.


https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206566&name=EA_DS_ATTACHMENTS

How the chinese investor help DNEX's Silterra when their own SMIC cannot even produce leading edge chips for Huawei?

Currently, huawei latest chip Kirin still produce by TSMC.

2016/2017 was Unisem's best years.

The company didn't really recover during this tech cycle.

Anyone know why?

Inari AGM MOM- 25 Nov 2020

Interesting facts


http://www.inariberhad.com/img/ir/2020%20AGM%20minutes%20(Key%20Matters%20Discussed).pdf

Based on last 6 quarter earnings which include before covid-19 sets in till today, don't really see any changes in biz revenue but the share price had appreciated over 100% and now trading at pe=135.

Last year, TF announced last year that AA will plan to fly in June 2021 as recovery will be similar to pre-pandemic levels.

What do you think?


https://www.theedgemarkets.com/article/airasia-confident-posting-stronger-results-international-travel-set-resume-covid19-vaccine

Actually, foreign buying may not be a good thing.

2 reasons

One, some of them do not stay long term (>5years), when exit due to their large size, will be a drag on share price.
a)Exit due to forex not favorable to their home country.
b)Exit due to financial crisis and needing to unwind their position to support their local portfolio.

Two, their influence as majority shareholding such as Carl Icahn and Nelson Peltz are normally act as activist to unravel scandals or CBT issues within the company.
In this case, may further hurt on ESG issues in Msia.

Buying for long term, entry price is any time.