dont play2, topglov is babarian at the gate waiting.

i dont find the statement "I hope you learnt something new today" as boasting. word "hope" is a sincere wish for something good to happen, like here, wishing someone to learn something new from what has been shared (FOC some more) or in Star War A New Hope. sharp tongue, blunt, harsh words and boasting (lansi) are different things. i hope everyone will continue strive to share useful info in this forum. it's still CNY Celebration, so be good to each other. Gong Xi Fa Cai to all!

yes, will be getting both Samur and Pengerang

this price is before the commissioning of Samur

most important know why you are buying

Exactly, usually for hospital projects they get most of the revenue toward the end because of the medical equipment and fittings.

GK revenue peaked in FY18 & FY17 each year roughly gross RM600mil @ EPS 0.26 @ div 0.10. Their order book that time only around RM2bil with hospital and LRT extension excluding LRT3. Order book now RM6bil (after divided half for JV)

https://www.nst.com.my/news/2016/08/167965/cccc-george-kent-jv-wins-rm101b-work-package-mrt-sungai-buloh-serdang-putrajaya

PDP is a type of project management service, hence lower risk and lower fixed fee at 6%.
Now turnkey fixed costs, will take responsibility and risk for the design and construction, hence profit should be higher to reflect the risk. It cannot be lower than 6% otherwise the turnkey contractor will have difficulty to complete and at the end the government has to deal with the problem. So it is also the government's interest to make sure the profit is reasonable, not too low. Should be around theoretical minimum profit +/- 10% depend how well it is managed. Mismanaged will be less, good management will be more, depend on the problem encountered during construction. Nobody knows until completion. theoretical should be around +/-10%, my guess.

xmas sales

projected growth of Da Vinci is around 10% to 15%

https://www.brb-international.com/uploads/pages/brb-corporate-presentation-2018.pdf

Da Vinci will contribute roughly 3% to PCHEM revenue (based on Da Vinci's revenue of Eur135mil in 2016)

"only" not necessary a bad thing. merely emphasize they are not making semicon end products. they "only" make the equipments which is a niche market but there are a few big players out there. from annual report 2018 onwards, can see SAM gaining momentum, widening scope with existing customer and winning new big customers.

If not mistaken, they only make machines for front end and back end semicon manufacturers

price movement could just remain around +/-10% from 1.10 unless there is some good news announcement. possibly need to wait patiently until June 2020 qtr announcement (1FY21) to see some significant revenue increase. meanwhile, just collect dividend.

https://www.ecnmag.com/blog/2019/01/what-5g-means-future-internet-things

https://www.nst.com.my/news/nation/2019/09/524145/5g-trials-go-nationwide-next-month-gobind

believe the smart meter need 5G technology to work, Selangor is one one state involved in the 5G test

short term water meter target increased by 2.5x (from present 20% to 50%) and long term by 3.75x (from present 20% to 70%). Water meter contribution presently average annual sales RM140mil and profit RM30mil. So in short term for water meter annual profit will be increased to RM75mil and long term to RM112.5mil assuming no change in margin. But margin could be improved since they have agreement with Honeywell to produce precision components locally. Believe this target growth include the smart meter.

smart meter, 5G, Io T and non revenue water master plan, the story fits well

LRT3 total budget RM16.6bil with RM11.8b awarded to MRCB-GK JV, balance RM4.8 for land acquisition and finaning costs. So, we are looking at profit on the RM11.8b.

MRT2 progress reached 36% as in May 2019 to be completed in July 2021 (refer annual report 2019)

Hospital Tanjung Karang to be completed in November 2020 and Hospital Endokrin to be completed in January 2020, according to annual report 2019, both on schedule.

volume very low, only 1.4mil share or 0.25% total shares exchanged today, many people still holding. LRT3 contract already signed, so revenue secured, its a matter of how much profit. Arbitration only to seek clarity relating to priority of source for funding. Reported MRCB has secured their facilities. The real issue could be the costs of fund and who should bear the costs if one party insist to take facilities instead of using retained earning.

hi morning, you can monitor the progress of LRT3 here, mostly probing and utilities relocation works since March and some foundation since June. From August onward, look like foundation preparation works are picking up.

http://www.lrt3.com.my/2019/?cat=1

don't forget RM1bil JV MRT2, already reached 30% in May, will help in coming qtrs. Putrajaya Hospital will complete in January 2020, retention sum will be released then. Need to wait 1 year until 1st Qtr Y21 to see high revenue.

look like Q3 will be better than Q1 but not as good as Q2

Steps have already been taken in this quarter to build up inventory in anticipation of turnaround activity in next quarter. Abstract from quarter report:

Olefins and Derivatives
The segment recorded higher plant utilisation of 97% compared to 88% in the corresponding quarter primarily contributed by improved plant performance. Production volume increased following better plant performance. However, sales volume is comparable due to INVENTORY BUILD UP IN PREPARATION FOR PLANT STATUTORY TURNAROUND ACTIVITY IN THE UPCOMING QUARTER

from the previous quarterly report:

B2. COMMENTARY ON PROSPECTS
The results of the Group’s operations are expected to be primarily influenced by global economic conditions,
foreign exchange rate movements, utilisation rate of our production facilities and petrochemical products prices
which have a high correlation to crude oil price, particularly for the Olefins and Derivatives segment.

The utilisation of our production facilities is dependent on plant maintenance activities and sufficient availability
of feedstock as well as utilities supply. The Group will continue with its operational excellence programme and
supplier relationship management to sustain plant utilisation level at above industry benchmark.
Olefins and Derivatives
The Group anticipates that Olefins and Derivatives segment to remain comparable in the coming quarter. This
is in view of sufficient supply, supported by stable end products demand with the upcoming festive season.
Fertilisers and Methanol
The Group expects that Fertiliser and Methanol segment to remain comparable as supply resumes after plant
turnarounds coupled with existing demand from the end products segments. There are also two new methanolto-olefins plants expected to start up in the next quarter.

share placement exercise to raise capital

new CEO need to perform:

https://www.thestar.com.my/business/business-news/2019/04/01/capital-markets-in-need-of-a-lift/

...who are the real bad or good guys here?

https://www.thestar.com.my/business/business-news/2019/03/28/cimb-aims-to-disburse-rm15bil-to-help-finance-smes/

looks like results will be good by 4th qtr

https://www.theedgemarkets.com/article/automation-cut-20-top-gloves-factory-workforce-fy19

the new CEO has experience in PETRONAS (known for their proven management) and assets management (UEM Edgenta), hope can improve efficiency.

today expect short selling, if below 12.50, I think can buy

Tenaga just need to increase efficiency, its a monopoly business

drs price 4.95 might be the resistant. Aminvest TP 5.80 already considered the one off gain from disposal of subsidiaries.

Harta = Apple
Top Glove = Android

if you sell, you lose money, if keep paper loss only. if don't need cash now, can keep for a while. it will not go back 20, but 14-16 possible.

please don't get personal. money important but health and friends also important.

go watch movies, time flies. next month will show Avenger End Games.

Thank you for your offer. Prefer to follow the main news.

@OG_Investor - if you are unable to produce facts to support your accusations, you are just like barking at home, in case you didn't notice. Whether the price up or down is another matter. Just don't accuse without supporting facts, for whatever reasons only you know.

Tan Sri press release:

"For 2QFY19, Top Glove achieved Sales Revenue of RM1.16 billion, a 21% increase compared with 2QFY18. This was attributed to strong Sales Volume growth of 16% which is higher than the projected global demand of about 10% a year, as well as a higher average selling price (ASP). "

Please report to Departmental of Occupational Safety and Health if you have evident (DOSH) so that DOSH can stop Dialog's works. No use reporting here.

http://www.dosh.gov.my/index.php/en/

next week could be tough, maybe another wave, stay strong

https://www.klsescreener.com/v2/news/view/503567/bursa-to-come-under-pressure-next-week-ringgit-seen-to-remain-weak

"We can expect a muted quarter on given seasonality in the second quarter and timing differences between average selling price (ASP) revision and costs on the back of the strengthening ringgit, higher minimum wage beginning January and as well as about 4-6% higher cost of natural rubber quarter-on-quarter (q-o-q). In terms of Ebitda margins we can expect a slight contraction of about 1 percentage point to 15% from 16% q-o-q. Nonetheless we can still expect earnings growth on a year-on-year (y-o-y) basis."

cortisol level is very high

how to opt for the DRS and buy on 25th April?

selling for all 3 major glove makers slowing down, look like synchronize

last few days, banks were under heavy attack, now most banks are recovering