sosfinance always show great confidence and steady to Gadang :)

http://www.enanyang.my/news/20170620/%E9%A9%AC%E8%A2%96%E5%BC%BA%E7%BA%BE%E7%BC%93%E5%AE%B6%E5%85%B7%E4%B8%9A%E5%8E%9F%E6%96%99%E7%9F%AD%E7%BC%BAbr-%E4%B8%8B%E6%9C%88%E8%B5%B7%E6%9A%82%E5%81%9C%E5%87%BA%E5%8F%A3%E6%A9%A1/

Hi Kevin008, where do you get the source regarding rubberwood stop export from July?

Am surprising TG is going to produce condom as new business. I remember few years ago Tan Sri not even consider this product. Although TG estimate condom profit margin for the first year is about 5% only, but condom is profitable as they can aim for developing countries like Thailand & Asean etc as the potential market.

Dividend received today, kekeke

definitely solar energy is great of potential in the future. But looking the TS position, they have sufficient machine capacity, but does it correctly match with the market demand? Although TS is at the right business direction currently, but I think they also need to assess again what the market wants now. The solar energy provider is not only TS.

Gogogo Gadang turtle!!

Problem is the Board, not from the minority shareholders.

Dividend received yesterday..Kekeke

Result is good as expected. 6 sen first interim dividend too.

xuewenapeng, 8 lots = 100 unit, i think you wan to say is 80 lots =="

After I recalculated including TMSB and LPI additional capacity, the fair value (with PE 12x) is quite close to Kenanga TP of 2.30. And now share price is 2, still have 15% upside gain.

Max, surprise you have asb acc. Are you working or graduate from NZ? Too bad I never taste the best wine at the time I'm over there..

https://klse.i3investor.com/blogs/kenangaresearch/125439.jsp

Referring to latest QR, Matrix average take-up rate is above 80%, contrast to average industry take-up of 31.4% only.

http://news.seehua.com/?p=280479

AGM that day the board also touched on this matter as they think that Vietnam operation & labour costs will be higher than local operations.. Hence there's no intention to shift factory over there. Liihen is very focused on cost management, so there's no easy before they came out for any investment decision.

Haha, depends on whether you want to trust Gadang and hold for long-time investment.. 陪着你走~~ 一生一世也不分~~

SunCon PE is 20, about double than Gadang. But of coz sometimes, brand name and reputation add the invisible and incredible value to SunCon. Gadang is young and still has a long way to go.

I have sent my queries to TS and one director, Loh Eng Chun replied as below:

Q. Understand that current market solar selling price still low, would like to know how you re-allocate cost structure to cut cost?
A. We do always operating on cost-efficient scale and we are always seeking ways to be more efficient. The world market now is having a low demand thus suppressing the selling price. We are now looking at producing higher efficiency solar products by utilizing our resources.

Q. Meanwhile, any plan to further boost revenue stream for the rest of FY2017?
A. Yes we are now in the planning stage to finalise a few items for us to have additional ways to improve our financial earnings.

Q. based on published 1QF72017 result, does the Group still stick with dividend policy with minimum 30% payout?
A. Tek Seng is still a company which promises dividend payout, however it is not the end of the financial yet. For the 1st quarter, there will not be a dividend payout.

Thanks Max2828 for correction. I feel Mr. KYY and the long hair shareholder are too much concerned over the share performance. Btw, you follow the staff visit the HQ factory? How's there? I left early even din taking the lunch there..

But Mr. KYY and another shareholder reminded that furniture making will be sunset industry and the management should diversify to another business. So, it depends on whether they agree or not.

Hi nakata, the board highlighted the biggest challenge still is the manpower issue. They also develop the new products eg upholstery to diversity the product range for the existing customer base (FY2016). They thought that US market still have potential higher demand, regardless of Donald Trump presidency.

Oh ya, is Pangolin Investment Fund. Today I saw is James Hay and Vinchel Budihardjo.

http://www.pangolinfund.com/invest.php

hopefully Who attends Kimlun AGM can share some news here, thanks.

http://wesharenwetrade.blogspot.my/2017/06/12-bpplas5100.html

One new I think is positive is that the Board revealed that Liihen currently is being researched by Leong Hong Bank for small scale scheme, hopefully it can help to enhance publicity information and attract more institutional fund investors to boost the share price.

Today also got one ah mo attend and ask about plantation business and acquisition of dpsb property.

Mr KYY attend Agm today. He and another shareholder keep shooting the board about the share prices. Mr KYY also advise the board to diversity the biz eg. Power station in Vietnam as an example.

Luxchem的产品毕竟不是直接买给end user的，所以profit margin怎样都不会很高。不过管理层在成本控制和现金管理都很有一套，基本面非常良好，长久持有是不成问题的。

http://www.theborneopost.com/2017/06/10/investors-increasingly-hot-on-solar-projects-in-southeast-asia/

http://www.thestar.com.my/business/business-news/2017/06/10/chemical-companies-riding-high/

Great job red_85, in terms of dividend yield, definitely Liihen is better choice than Superlon, Padini

Bursa QR comparison is this quarter vs same quarter last year, not this quarter vs immediate previous quarter. Do you think Q2FY17 result will be better than Q2FY16?

Yes! This is announcement you want!

http://www.malaysiastock.biz/Company-Announcement.aspx?id=979703

Hi wait_then_win, buy is just a matter of timing, i will wait and see 2nd quarter result first then only decide.

Last year the highest ASP is USD38 sen/watt, and now the market rate is between 20 to 25 sen/watt. I estimate TS solar product cost is about USD30 sen/watt.

I agree that solar market demand is starting to recover now, but the selling price is still consider as low. Unless TS managed to cut cost or re-allocate cost, otherwise dun enter this counter first if you dun have long-time holding power.

I'm holding less than 1 year only. Haha.

没有最低，只有更低

1.29..要射料？

http://www.malaysiastock.biz/Company-Announcement.aspx?id=979098

Dear M16s, noted. Wishing you can find another better counter

Just want to clarify one thing: If I buy Johotin-WA at 0.785 and subscribe the exercise price @ 0.85, so total price is 1.635 and get one mother share of 1.68. Is it correct?

KYY sold another 220 lot shares, finally ceased as a substantial shareholder.

Who's going to AGM @ 13/6 in Muar?

http://www.wired.co.uk/article/china-climate-change-policy-solar-production

Funny to hear that Liihen does have any growth news or plan

1) AR FY2016 Page 7 under Operational Developments, FY2016 one of subsidiaries, FDSB has acquired a leasehold factory building for RM5.6 million. In addition, FDSB also expected to incur RM4.2 million on factory buildings & on the existing vacant freehold land. These projects are expected to complete in FY2017 and capacity will expect to increase by 10%.

2) On 29 May 2017 Bursa Announcement, FDSB submitted the proposed acquisition of DPSB with purchase acquisition of RM19,738,000. The most valuable asset of DPSB is industrial complex with net revaluation surplus of RM16.89 million. Once acquisition is completed, FDSB can save the rental payment to DPSB and owns the property for internal use.

3) Plantation of rubber wood business (established less than 2 years old, considered as immature assets). The management expects 20 years to complete the harvest of the rubber wood trees planted [AR Page 107&108 under intangible assets]