I also took CIMB Niaga but thats coz I got quite a lot of shares. Will sell asap as too lazy to monitor.

Financial report coming soon

Very volatile price. Looks like i'm going to hold onto this longer.

end of this month

Should i sell? Lucky my exposure in this company very low.

I managed to sell at 1.38 and 1.39. Now bought back at 1.24

The correction is super low today, every thinks that CIMB will announce much better performance

Brokerage only 100+. I already opted for shares.

Entered at 1.35

Doing badly?

Ok, since perception is good I try to buy. Didn't do my usual fundamental research.

Wow so good, just 2 weeks ago I sapu at 1.20 now 1.37

I opt for shares.

Haha re-entered

Those selling (including me) expected a minor correction. Its not we are selling off, we sell off now to lock in profits. Then re-enter lower. Look at today's performance then you know.

wah 5% profit in one day!

Ok la take risk!

Many emo ppl here. Look at the money please.

Accumulating

EPF start to go in again. Profit is high. It will touch 6.5 soon.

financial stocks will fly

The MSCI World Real Estate Index has gained 4.2% this year, compared with the 0.9% drop in the measure tracking the world’s developed markets.

The fund also favours Malaysian plantation companies for their strong earnings margins and cashflow, said Shahril. He also sees value emerging in banking stocks following recent declines in the shares.

“We do like the financial sector at this point in time. We think it has probably beaten down enough that you have clear value emerging in that sector,” he said.

There were so much discussion on the DRS. Read the past messages.

I took a risk and bought in. This is for long term.

wah the share price really low swing

wah 1.48 is quite late. Yes shoot to RM2

Make profit already just unload

Unloaded all at 6.13.

This year dividend will drop

I'm happily collecting

Kossan Rubber Industries - Improved Operating Efficiency To Sustain Margins
Author: kiasutrader | Publish date: Tue, 22 Mar 2016, 09:51 AM

We like Kossan for its proven track record in maintaining operating margins despite an increase in costs, as observed in the past three years. Maintain BUY with a revised DCF-based TP of MYR7.53 (from MYR8.27, 21% upside). Further, we welcome Kossan’s announcement to consider its first share buyback in five years, as a sign of confidence in the fundamental value of the stock.

Building up to 2017. Kossan Rubber Industries (Kossan) has unveiled its aggressive capacity expansion plans to add 20bn glove capacity over four phases to bring total annual capacity to 44bn glove pieces by 2020. Although no new capacity is likely to be added in 2016, management expects to lay the foundation during the year for an additional 7.5bn gloves capacity in 2H17. We forecast a 3-year EPS CAGR of 15%, which would stand out amidst the subdued Malaysian GDP growth expectations this year.

Operational challenges. We believe that the increasing industry competition, particularly in the nitrile segment, would complicate the cost pass-through mechanics as manufacturers compete on price to maintain/take market share. As such, we believe margins could be pressured by the removal of government subsidies (ie gas tariff increase) and labour cost increase (ie minimum wage, as well as foreign labour levy hike). We also expect earnings to be affected by the recent strength of MYR. RHB has revised its 2016 USD forex assumption to MYR4.18 (from MYR4.34).

Earnings and risks. We lower our FY16F-18F earnings by 2% to 4% after updating our assumptions. The upside risks to our forecast include the re-rating of the sector, driven by liquidity and buoyed by market risk aversion; the key downside risk would be higher prices for raw materials such as latex and nitrile. Maintain BUY. We like Kossan for its proven track record in maintaining operating margins despite an increase in costs, as observed in 2013 during the nationwide minimum wage hike as well as the two rounds of gas tariff hikes in 2014. We also welcome founder/CEO Dato’ Lim Kuang Sia’s readiness to consider Kossan’s first share buyback in five years as a sign of confidence in the fundamental value of the stock. Our revised DCF-based TP of MYR7.53 (CoE: 8%, TG: 2%) implies 21.4x FY16F P/E. Kossan is currently trading at FY16F P/E of 17.7x (below its historical +1SD trading band of 19.1x), whereas the stock has traded above this valuation level for the past 12 months.

Wow, actually made some profit from this stock. Not bad.

Its ok, high risk high gain/loss. I entered at 0.15 but only at a fraction of my portfolio. If too low cut loss. Just don't be greedy.

woo hoo!

vs007, seems you are screwed for the short term

Delicious looking stock for entry with bullish mid-to long term outlook on oil prices

now time to enter

climbed way too fast. Time for adjustment

I'm also disposing of cimb, climb too fast. I entered around RM4.

Good swing%

Added yesterday RM7.64