Yeah. Do share the RHB review.

@huntertee

Can share how he managed to make losses?
IF the long term biz is intact, why buy in and sell in this short period.
Take a look at some fintech companies which runs digital bank like N26, Monzo, Webank, Revolut, Ant Financial, etc
Their valuation are in billions(USD).

Thought Gpacket is small, now with the collaboration with Tencent for e-KYC(a BNM compliance for account opening), it should be positive for
for the Gpacket & Tencent collaborate to get the digital bank license next month.

Touch n go & Alibaba is another party trying to get the license. Many more fighting for this license.

https://www.theedgemarkets.com/article/stronger-case-digital-banks-now

https://www.reuters.com/article/us-malaysia-banks-exclusive/exclusive-grab-razer-airasia-exploring-bids-for-malaysia-digital-bank-licence-sources-idUSKBN1ZL0SE
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Posted by huntertee > May 21, 2020 9:41 AM | Report Abuse

Chongcl8, my friend lost RM70k at this counter

Hope for dividend to double up as well since profit had grown more than 100%

I believe is the recent collaboration with multiple international company like Tencent, China Mobile, etc that had been bringing positive news to the share price.

Of course within the country, like PETRONAS, Bank Islam, various universities are also participating in the program.

Besides that, it recently also has some fintech initiatives for COvid-19, digital bank,thermal scanner,etc.


All this news certainly had contributed to the share price.

This rm24mil

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https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=103272&name=EA_GA_ATTACHMENTS

Interesting movement of the price.

Based on news in Bursa, Gpacket finally settle its issue with MYTV. MYTV will payup rm24million for the set top box.

Well, at least something positive out of it today.

https://www.nst.com.my/world/world/2020/04/586373/singapore-extends-circuit-breaker-lockdown-june

https://covid.gobusiness.gov.sg/essentialservices/manufacturing/

@popo92

The company derived 52% of the revenue from Singapore, 14% from Taiwan and 7% from China.

According to Singapore government, the company biz is considered essential.

No issue on lockdown for Taiwan or China.

The engineers should be on site this week onwards to cover the backlogs for march and april.

Wow.
Never thought it could reach RM5.

@ Ravi Kumar

How do they market derive the RM200mil for Q1?

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Posted by Ravi Kumar > May 19, 2020 1:19 PM | Report Abuse

You are soooo right


YTH888 It is truth. The profit of 115 cannot justify when the market expect some 200+. Cannot justify PEx 70

PE back to 40-50+
19/05/2020 12:46 PM

The company started their share buyback program. Thumbs up.

@abn10

Understand your perspective on it.

Just to share my thoughts.

TSMC depends greatly on their customers needs. One of the largest being Apple.

Apple generates about 45% of revenue comes from US, I believe it makes sense for TSMC to have their operations in US to support one of their biggest clients.

Besides that, this Covid-19 and trade war, also reveals that operation should not be based in a single location to avoid country risks, and political issues.

However, whether TSMC would actually build it operations in US , would depend who is the next president of US in November 2020.

Furthermore, TSMC mentioned that actual construction will only begin in 2021, it shows that TSMC is also waiting to know the results of the election in Nov.
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Posted by abn10 > May 15, 2020 7:55 PM | Report Abuse

@newbie8080 there are many factors come into play. One of them might be because of increasing demand since we all know tsmc is the largest semicon globally. Unless of u think that tsmc would split its orders into two regions, while the demand is still the same, tsmc might be going in the wrong way which i think they are not. My take is that whenever tsmc keeps growing its business, we know that frontken has made a great deal of businwss with tsmc when they made an agreement to supply for them. And FYI, frontken EV/EBITDA is still highly undervalued

Get from your broker or remisier.

Based on the last few quarter results, seems the company still making losses.
Despite having the Kiple pay,Kiple live,Kiple park,etc, is it profitable?

If I recalled correctly, from 18th March to 31st March, total lockdown during MCO.
14 days of ZERO production and installations.

Only 1st April, allow to resume operation with 50% workforce.
By May, it was 100% workforce.

The remaining 14 days sales in March will be implemented in May/June according to the news report.

In other words, Q2 results should be excellent and much better than Q2 2019.

Well, this news was release a few hours ago.
I believe Frontken may decide to expand it's reach to US as well.
Wait for the AGM in September for more news.
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Posted by popo92 > May 15, 2020 6:59 PM | Report Abuse

How can Frontken benefiting from TSMC building chip factory in us instead of taiwan? Frontken factory is in taiwan. Think twice.

Result is out.
COnsider quite good despite the short MCO affected period in March.

Next quarter should be slightly better as biz commenced with 50% workforce.

This new development will solve the issue of trade war for TSMC, China/Taiwan/US.
Frontken should benefit from this.

https://www.cnbc.com/2020/05/15/tsmc-to-build-us-chip-factory.html

This company prospect is quite good.

However, my only concern is it only has orderbook of RM58 as at March 2020.

So I believe by now, it should be depleted for this quarter sales.

Just wondering as no announcement of any top up in orderbook recently.
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https://www.theedgemarkets.com/article/solid-growth-trajectory-ahead-expected-uwc

@equitydiary

K1 only will complete and ready the prototype for manufacturing in 3rd quarter 2020.

Penta is now ready with prototype and manufacturing 40-50 unit this month.

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Posted by equitydiary > May 14, 2020 10:25 PM | Report Abuse

In the meantime...are we going to see something like this soon? :

K-One active, jumps 37% on venture into ventilators production
https://www.theedgemarkets.com/article/kone-active-jumps-37-venture-ve...

That was on 14 April, K1 has since gained another 77%...

Unbelievable, covid stocks are so full of momentum.

Regardless, Penta is a quality stock whether it is for the short or long term.

https://www.fool.com/investing/2020/05/14/iphone-sales-in-china-are-reportedly-growing-sharp.aspx

Just wait for the Q2 and Q3 results to know whether the company is able to achieve what it had planned out.
Anyone could do a good write up, but not everyone able to walk the talk.
The company had been established for more than 2 decades and achieved the highest revenue of RM300mil in 2012.

Since then, it had not achieved the vision and mission statement:
To be a leader and world class specialist in high precision components for the data storage,consumer electronics, digital imaging and automotive industries and an outsourcing provider using state
of the art high precision technology.

Besides that, the company is competing with our PPE and face mask manufacturer that recently jump into the bandwagon as well.

We know large multinational companies doing their part to manufacture ppe, face mask and ventilators. They are doing to contribute to the society and not doing it to be their main biz.
You won't be seeing GE, Ford, BAE, Bombardier,etc diversifying into ppe and face mask as their main biz.

Lastly, just a moment a go, Caely Holdings Bhd, Bra company diversifying biz into ppe and face masks.

It's just a hype and Notion Vtec is no different, 2-3 years down the road, Notion Vtec will remain where it is today.

A successful growing company such as Grab, Toss, N26,, Paytm, Coupang, Monzo, TikTok exist less than 10 years ago and are multiple times larger in valuation and in earnings.

Interesting news on the ventilator.
Didn't announce it Bursa but in Mida newsletter.

Maybe it's a prototype to invite investor.

From mida website:

MIDA assists companies which intend to invest in the manufacturing and services sectors, as well as facilitates the implementation of their projects. The wide range of services provided by MIDA include providing information on the opportunities for investments, as well as facilitating companies which are looking for joint venture partners.

TSMC has been talking to officials at the Commerce and Defence departments as well as to Apple Inc., one of its largest customers, about building a chip factory in the U.S


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https://www.hpcwire.com/2020/05/10/trump-chip-makers-mull-jump-starting-u-s-chip-making-capacity/

Anyone has any idea if G3 and Gpacket has any collaboration together?

The CEO should step down, take RM1 salary as role model and allow other capable individual to lead the company.

EPF subscribe to the PP for 50 mil shares.

I think no need to argue or debate further.

Whoever want to buy, should load up as much as you can on Tuesday since you believe it will worth much more in the future.

Whoever want to sell, should sell off everything and move on since this counter is risky and the PO doesn't justify.

Whoever, want to sit on the fence and watch first, just go ahead and look and monitor further.

@Rf888

I think Bursa announcement for it's QR, Audited AR, is sufficient for inform investors. If EPF, PNB, and foreign funds accept the current reporting standards, I don't why you can't accept it.


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Posted by Rf888 > May 10, 2020 2:47 PM | Report Abuse

Go study deep company, after that invest and hold it. Only long middle terms to long terms investor can earn big. Even i email to harta, top glove, kossan and supermax, harta reply percentage is more high and fast compare to others. Now MCO is extand, covid 19 seriously evry days, you think what company can earn money? Buy and hold it, 100 years happen one time covid 19 and lock down, why you want give up this chance?

@markpaul328

Why need insider news for QR?

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Posted by markpaul328 > May 8, 2020 8:56 PM | Report Abuse

May 18. Anyone has insider news about the QR? or anyone here works there and has been OT non stop??

From wire/cable manufacturing, to mining tin, to Duty Free outlet and now travel agency

What's next?

@RainT

Buy for long term, keep for your 65th birthday.

10 years from today all hospital globally would still need glove.

Last 20 years, have 5 outbreaks.
Glove is an essential item.

Assuming zero outbreak, dentist, surgeon, doctors, nurses,etc, still need medical gloves.


https://www.sciencealert.com/this-chart-shows-how-the-wuhan-virus-compares-to-other-recent-outbreaks
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Posted by RainT > May 9, 2020 4:44 PM | Report Abuse

now its too late to enter TOPGLOVE, HARTA,KOSSAN

these counter share price already rally up & take in all the good news already

if now ypu buying, you is buy at peak price , want to up more for profit, more harder already

@EZMONEY13

Since you are aiming at rm15.
I would suggest aiming it higher RM150.

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Posted by EZMONEY13 > May 9, 2020 10:57 AM | Report Abuse

For normal people TP 0.21, genius TP 0.60, but for me tp 15.00 ! Just buy and shake your balls guys !

Food for thought : Do Ageson need to pay back to the state authorities, any profit sharing with local authorities for mining in their back yard?

Seems the sub contractors do not provide their personal details like ID or passport number.

They don't represent any registered companies.

Anyway, just my opinion.

With this scarce info, you can make your choice to buy/sell accordingly.

1. As the announcement mentioned, they do not have sand mining license as they do not have sand mining operation.

2. The individuals mentioned have the necessary technical expertise in exporting and mining sand in the countries mentioned except Malaysia.

3. The company would need to get the state of Pahang and Terengganu to issue license to do sand mining license.
I don't think you can just walk into a state and start mining 3.442 billion tonnes of sand.

4.Before they can get license, they would probably need to do environmental impact assessment study.

In summary:
Still come to nothing but the award to purchase sand from Malaysia with some people with know how to do sand mining and exporting in several countries except Malaysia.

@stockjobber

You must have bought a lot of shares. Need to promote self made rumours.
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Posted by stockjobber > May 8, 2020 7:57 PM | Report Abuse

Theres a high possibilty that Ageson might clinch a deal direct from CCCC in relation to ECRL

https://www.tpcprecision.com/

Refer to the website for the medical products

http://www.tp-concept.com/products.html

@babyinvestor

Both are good and fundamental companies.

Though the are glove manufacturers, each have their own product strength/focus and technological differences.

Buy both of each then.
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Posted by babyinvestor > May 8, 2020 1:27 PM | Report Abuse

I meant share price, sorry I’m quite new in the equity market so I was only analysing the share price trend of harta and TG. Harta was way ahead of TG earlier but now both came close. Just trying to see if it’s a good time to enter Harta and I would presumed the upside from excellent financials would have been priced in now. Appreciate ur thoughts

@ Zuliana

Tourism will be impacted for this year. No doubt.

It should have better recovery next year 2021.

Would you risk your life for beautiful scenery?
eg: Japan, UK, Europe, Middle East, Russia.

Tourism confidence will likely full recover when there is a commercial vaccination is made available.


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Posted by Zuliana > May 8, 2020 10:49 AM | Report Abuse

newbie8080 ///...However, with online meeting or webinar seems to be the trend moving forward, there is a slight glimpse that airline will soon be a sunset industry.
08/05/2020 9:55 AM



So,
No more tourists?
People visit any country ... Online tour? Webinar tourists?
Mati lor visit Malaysia promotion.

what do you mean Harta is dropping?

Harta market cap is RM24 billion, Topglove is RM18 bil.

Share price is not meaningful on it's own.

Or you're looking at PE ratio.

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Posted by babyinvestor > May 8, 2020 1:07 PM | Report Abuse

Any reason why harta is dropping, close to TG now. The results is already priced in I presumed?

@ Victor Yong

You are right. It's very difficult to find a balance for social distancing in the plane and still manage a profit.

I would believe those require to fly are very desperate ppl that cannot do without face to face meeting.

Sadly, if your neigbouring seat is having cough or flu symptoms, he or she may need to sit it out throughout the journey. Imagine flying to Melbourne, 8 hrs flight.

Anyway, I do not think AA will make any profit for 2020.

Probably breakeven for 2021 and profitability in 2022 onwards can be expected.

However, with online meeting or webdinar seems to be the trend moving forward, there is a slight glimpse that airline will soon be a sunset industry.

@ scrown

Assume that I'm not a corporate finance person.

So you're saying he paid a premium for his shares.

Let's say he bought in RM0.25 per share which is 78% premium to the average price last year(2019-----RM0.14 per share)

But if everyone perceived this PO as a sweet deal which would be worth at least RM3-RM5 per share, wouldn't he be interested to keep his shares?
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Posted by scrown > May 7, 2020 2:21 PM | Report Abuse

AGES is a reverse takeover from existing shareholders. It is why Foo disposed of his own founded company after the deal. It is nothing wrong if u understand the corporate finance deal knowledge. When u realized u paid the premium of the share price

Quarter result will be out in a few week time.
Let the numbers tell the story.
Of course, importantly the keyword of progress completion(100%) and COD date is vital.

@stocksyndicate

Oh I see.
Please explain.
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Posted by stocksyndicate > May 3, 2020 5:54 PM | Report Abuse

Even in opr drop to Zero, bank still make money by lending. Don't be stupid

@ pampers

You are right for overall 2020 result will be impacted.

My opinion for Q2 2020 topline and bottomline will be slightly impacted as compared to Q1 2020.

I expect Q1 2020 to be making slightly better profit or break even.

Market is unpredictable but if short selling ban is extended till end of the year, I don't think you may get RM1 again.

Besides, Taiwan operation(largest revenue generator) still operating when Msia is closed.



You can refer to TSMC results as guidelines.

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https://focustaiwan.tw/business/202004160011

Go and study.
Who speaks rubbish will know he mouth smells.
Really have many weird ppl ard here.
Knowledge as small as ants hill but want to boast like Everest.
Really sad.

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Posted by Talib > May 3, 2020 12:17 PM | Report Abuse

really newbie. lol compare oil with construction

What is Gpacket plan?

Based on the announcement on Bursa, there's 3,860,754,392 ICPS.

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https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3036614