KUALA LUMPUR (May 18): RHB Retail Research said Lii Hen Industries Bhd may move higher after posting a long white candle and leaving an upside gap.

In a trading stocks note today, the research house said this close has sent the stock to its highest close in nearly two months, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM3.19 level, with an exit set below the RM3.05 threshold.

“Towards the upside, the immediate resistance level is anticipated at RM3.43. This is followed by the RM3.52 level,” it said.

嗯，只能说这位作者功课做不好。忽略掉TMSB和外汇因素

Relax la! Dun syok sendiri... Gadang kadang-kadang garang saje. Later closing should be 1.29. Tomolo will further drop de

Dear Jackfruit, thanks for your explanation. Anyway, I also wonder the management view. Maybe will ask this question during the AGM.

Dear Max2838, I agree with corporate directors should focus on M&A activities, business expansion/diversitifcation etc. I just want to highlight that the BOD cant do anything for the movement of share prices and shouldn't their main focus. Regarding their plantation biz, we can raise this question during the AGM.

Dear Max2838, not really agree with your comment. I rather the management focus on their business rather than spend much time on corporate exercise or share price. Different stock counter has different characteristic, just like people.

Hi M16s, I will wait for 1 or 2 quarters before any decision made. But most probably will stay until end of this year as the solar industry could be recovered in 2nd half of 2017. If 4QFY2017 result is good, comparing to 4QFY2016 result is making loss, you may imagine how the market response to it.

Hi Cockcroach, good to see you here. Homeriz is good counter and also paying good dividends. Worth to hold it.

We refer to the above article that appeared in The Edge Financial Daily on 31 October 2016 with particular reference to the following paragraph reproduced as follows:

“Having said that, he shared that Tek Seng is set to close a RM40 million deal soon with clients from China and Taiwan, which explains why Tek Seng, which is in the midst of expanding its production capacity, is not slowing down.”

We wish to inform that our Executive Chairman, Mr. Loh Kok Beng did not shared with the press about Tek Seng is to close a RM40.0 million deal soon with clients from China or Taiwan.

Nevertheless, our Executive Chairman had mentioned about the solar division business is not slowing down. TS Solartech, its 50.69% subsidiary is expected to ramp up its production capacity based on the volume loadings from existing customers in China and Taiwan.

This announcement is dated 31 October 2016.

Yes you are right.

Bonus2017 if 3.00 b4 ex, after ex = RM3 x 4 = RM12 / 5 = RM2.40. Correct me if wrong.
16/05/2017 18:36

Today really is a good show. Looking forward for the coming quarter result.

Good article!

文中的犹太人和第一个矿主，其实都是在为社会创造新的价值和财富；而另个相反例子只想赚更多的钱和守住财富

Yes! Really exciting news! Congrats to all shareholders!!

On 16 May 2017, on behalf of the Company, Maybank Investment Bank Berhad announced that the Company proposes to undertake a bonus issue of up to 163,941,084 new Matrix Concepts Shares(“Bonus Shares”) on the basis of one (1) Bonus Share for every four (4) existing Matrix Concepts Shares held on the entitlement date to be determined later.

Qtr result released. Revenue and Profit dropped y-o-y. Interim dividend payable is 3.75 sen per share.

I feel like price of 3.30 now is already at the high side. But no need to worry too much, definitely this is a good counter. But not very encourage to go in with current price now. Wait for qtr result first.

Yes agree. 四大天王 all is Luxchem customers, so no worries about their customer base.

自己讲自己爽

Good show again. Closing at 2.73 and ever touch highest 2.75 today.

Yes, this is good FA counter indeed. I made a mistake previously as I calculate historical PE. By right I should calculate forward PE. With latest EPS 4.94 x 4 quarters x 10 PE, the fair value should be at least 1.98 now.

很遗憾大马城计划现在变成了政治利益游戏

如果换成美元结算，其实2016年十月到2017年二月都只是在160-170亿美元之间徘徊，倒是来到三月份，却突破了180亿美元，这才真正看到外需成长的强劲

我也正考虑着要不要进Reach

If you read page 7 of Annual Report 2016 under Operational Developments, the Group already acquired factory building for RM5.6 million in FY2016. In addition, they also invested RM2.2 million for the factory buildings and RM2.0 million for the existing freehold land. Once these projects are completed in FY2017, the capacity will be increased by 10%. Long term wise, it could support the top line revenue and able to capture bigger market share among the competitors. Regarding the foreign worker issue, this is not the first time the Group encountered, they still have about half year time (before FY2018) to solve this problem and I believe they can.

Not able to attend AGM. If someone's going, pls inquiry why the dividend payout ratio is so low this FY. Is this they reserve funds for future investments/acquisition/business expansion?

Indeed good show today. Wishing all shareholders happy mother's day and have a good weekend :)

Accumulating at 3.10.

Gosh. Finally reach 1.75 which is my entry price a year ago @@

Cypark已经在新高了，个人不认为目前应该买进

Good show today, 2.68 is the 52 weeks highest price.

So far Mr. KYY already sold out 7,376,500 shares within one month's time. But market absorbed it well as the closing price range between 3.09 to 3.19.

On the way moving to 2.70. Investors expect good results & dividends to be announced soon.

This year result so far not good indeed, but YTLP is cash rich company, I believe they still will declare 10 cents dividends to reward shareholders.

Just to take note RM/USD already appreciate to 4.32 level. So it could slightly impact Liihen profit for the following quarters.

Dear Sell, currently YTL Power main profit is contributed by water & sewerage division. With this power purchase agreement, hopefully it can bring power generation division from loss into profit position in 2nd Quarter FY2018 onwards.

This is two-year contract to Gadang CRFG. Assume RM327 million x 51% x 15% profit margin / 2 financial years = RM12.5 million per year or average RM3.13 million per quarter. Really is kacang putith for a mid cap construction company. Those haters better throw this counter now.

In a separate statement, TRX City said the contract is part of a larger effort by the Kuala Lumpur City Council (DBKL) and the federal government to improve traffic along Jalan Tun Razak and its vicinity, to reduce traffic loading on Jalan Bukit Bintang and Jalan Tun Razak by as much as 27%.

"The two-year contract awarded to Gadang CRFG will cover earthworks, foundation works, underground reinforced concrete road structure, elevated roadway and at-grade roadway, as well as associated works for access roads to and from the TRX development.

http://www.theedgemarkets.com/article/gadang-jv-bags-rm3279-mil-road-infrastructure-job-trx-city

The agreements will take effect from 1 Sept, 2017. Still got sometime to go in this counter.

Btw, I remember before 1Q17 result release, Koh Onn sold his shares and said to have some pocket money back. And now definitely he knew Gadang won the new contract and buy the shares before this new released, is it still considered as good integrity/act?

Congrats! Indeed a good news!

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=7127

Kimlun really is the long term counter. This RM263 million contract (Kimlun entitled is 40% x RM263 million = RM106 million only) and previously tender for tunnel project (worth RM52.8 millon) both expected completion year is on 2019. This is why the fund managers may think of Kimlun might have profit decline for the year 2017.

Will you guys attend BPPlas's AGM held on 26/5 Friday, in Batu Pahat?

Thanks Whey. This is really good news. Just this counter really low profile, not many people will come here to goreng.

https://klse.i3investor.com/blogs/adi/122387.jsp

Really 死硬颈, very hard to cross over 1.30 ><"

I would rather looking it for share split or bonus share, it definitely will boost the price furher up :)

technically current PE is really high and if coming quarter result not good as expected, the share price sure will drop. But for long term valuation investor, people won't care the short term price fluctuation. No matter bull or bear market, people still will drink coffee as usual.