Followers
1
Following
3
Blog Posts
0
Threads
167
Blogs
Threads
Portfolio
Follower
Following
2015-12-21 23:33 | Report Abuse
Another JOHOTIN! High expectation based on strong USD turn out to be a big disappointment.
2015-12-15 20:12 | Report Abuse
Certainly wrong. 1 oz is 28.35g. Based on 1 oz is abt USD1065 and exchange rate of 1USD=RM4.30, the value is RM4.1 mil.
2015-11-16 08:45 | Report Abuse
Qtr report not today but 26 Nov 2015
2015-11-14 00:25 | Report Abuse
Excluding forex gain, only made 2.25 sen in 1 qtr.
2015-11-13 15:46 | Report Abuse
Probably Tabung Haji clearing the balance of their holdings.
2015-10-29 22:25 | Report Abuse
Buyer beware:there will be a big forex loss in this qtr
2015-10-28 21:19 | Report Abuse
Please do not mislead ppl on the overstated EPS as profit fr kianjoo will disappear when sold.
2015-08-27 00:44 | Report Abuse
The strong point is it's milk division recorded a 111% increase in sale for 1st half 2015 as compared to that of Can-one which suffered a drop of 8%. When the new factory is completed later this year, it will help to support the sale growth and lower production cost.
2015-08-05 12:39 | Report Abuse
Chicken egg price came down of course it affects all egg producers.
2015-08-04 21:20 | Report Abuse
LeeSK domestic mattress sale down by 40% in Q2 subsequent to GST. Will HHGroup's mattress sales go down?
2015-06-07 00:31 | Report Abuse
One cannot compare the inventory level of Johotin and Dlady. DLady is a subsidiary of international dairy group where the sourcing is most probably handled by HQ through bulk purchase. Canone business model may be different. Canone is an OEM supplying mainly to domestic market and may have a cost plus arrangement. Thus it need not stock up to take advantage of the low raw material price as whatever cost savings have to pass to its customers. In 2014 it recorded lower selling price as raw material price dropped. As for Johotin, whether it is speculating on milk powder market or has firm order on hand, only time will tell.
2015-06-07 00:11 | Report Abuse
To those who keep on complaining that the company did not hedge its net forex exposure of RM41.8 million as at 31 dec 2014, please be advised that about RM100m of the inventories are related to milk powder business which are substantially sold in USD and can be used to settle its USD payable/bank borrowings.
2015-06-06 23:36 | Report Abuse
From the above historical price chart of milk powder, it proved that the management heavy stock piling at end Dec 2014 was right as the price recovered in Q1 2015. However whether the stock piling at end March 15 is a wise decision is not certain at this moment.
2015-06-06 23:28 | Report Abuse
To those who worry milk powder is perishable, shelf life of powdered milk is 2 to 10 years.
2015-06-03 00:49 | Report Abuse
Goods in transit is goods that was ordered but not yet delivered to Johotin's warehouse. At end Dec 2014, milk powder's price was at the lowest in 2014 so they ordered a lot.
2015-03-15 00:29 | Report Abuse
Hevea still got plenty of capacity to manufacture itself, no need to buy fr Mieco.
2015-02-26 22:51 | Report Abuse
Accept offer but not going to make capital repayment or special dividend like KULIM. Probably another FACBIND.
2015-02-09 23:39 | Report Abuse
CIMB target price based on 2015 fully diluted PER of 10 times.
2015-02-01 12:24 | Report Abuse
It's main markets are europe and Australia, both suffered fr poor economy.strong USD pushed cost of leather up.
2015-01-13 11:18 | Report Abuse
They will report unrealised forex losses as US$ appreciated from 3.27 to 3.49 due to hedging and the amount hedged is more than a quarter's sale
2015-01-13 11:09 | Report Abuse
Unluckily they sold off their US$ sale proceeds too early
2015-01-07 21:00 | Report Abuse
you think everyday is sunday? Next qtr may not even make 4 sen.
2015-01-05 17:22 | Report Abuse
Agree with u, i am also collecting at 16 sen.
2014-09-12 22:11 | Report Abuse
Good fundamental? what's so good? Log price going up means cost of sale increase as it does not own timber concession. Q2 profit compared to Q1 has dropped
2014-08-24 23:36 | Report Abuse
New kid u r dreaming.this is 1 off gain. U think everyday is sunday?
2014-08-22 20:17 | Report Abuse
The profit is substantially a one off item ie discount fr machine supplier.
2014-08-11 21:25 | Report Abuse
Pls do not dream. Chicken stock profit cannot maintain. If you go to wet market, you will notice eggs prices have dropped.
2014-08-07 00:39 | Report Abuse
Undervalued? Then why did the boss sold?
2014-08-04 23:59 | Report Abuse
Last chance to clear. When result come out, you will have no chance to run.
2014-07-24 12:12 | Report Abuse
Assuming all the timber logged is Keruing, a medium hardwood and assuming Gpharos got a very good price of USD350=RM1,120 at forex rate of 3.20.
1 hoppus ton=1.8 cu M. So, 13635x1.8x1120=27.5M. Please wake up, your revenue forecast of RM53M is day dreaming!
2014-07-24 11:52 | Report Abuse
My forecast for Q2 is: Revenue 22 mil. PBT 1 mil. Let's wait 1 month and see who is right.
2014-07-19 17:17 | Report Abuse
Made so much money so what? Shareholders do not get a single sen while 4 Executive directors took RM24 million for 2013!
2014-07-19 17:03 | Report Abuse
Annualised based on half year results? Haha, Those who annualised EPS based on 9 months results got a shock when it reported a loss in Q4. Phase 1 of Canary already completed by Q1. Phase 2 no sign of commencement as at Apr when I visited the site.
2014-07-03 23:22 | Report Abuse
TP 1.36? Take the 1 away lah. Long term 0.36
2014-06-27 09:06 | Report Abuse
RHB's price over NTA is 1.86 times while CIMB is 2.36 times. It is lower due to obvious reasons.
2014-06-27 08:43 | Report Abuse
RHB's Net Asset (NA)per share is RM6.60. NTA is only RM4.60 due to substantial goodwill and intangible assets.
2014-06-19 22:43 | Report Abuse
Can make profit 0.05 to 0.1? Give it 2 more months, it can lose 30 sen.
2014-06-19 09:51 | Report Abuse
May log productioon drop to 2913 htp fr 5328 htp in Apr. Even if the production maintain, June Q PBT will drop substantially.
2014-06-17 23:17 | Report Abuse
Mulpha sold its Sanctuary cove land, Queensland north of Gold Coast at A$714K per acre. Tanco has 120 acres of freehold land at Parish of Mudgeeraba, County of Ward, Queensland which is 6 km off Pacific Motorway. This highway is in between Gold Coast and inland. Tanco's book value is RM2.4M. If it can fetch half of Sanctuary Cove's price, that is RM1M per acre, the market value of Australia land alone is RM120M. Any expert in Australia property can comment?
2014-06-17 21:15 | Report Abuse
No big deal. This is the address of Corporatenet which offer a wide range of services in the areas of Corporate Services, Business Services and Corporate Briefings.
Blog: Potential undervalue stock breakout?
2015-12-23 09:59 | Report Abuse
Half of the earnings last FY came from sale of property, Thus the PER is not low.