Actually what novice investor should learn from harryteo is his hardwork. Investing in stock market is like investing in company. Put more effort and time on watching company movement you definitely can earn some money on stock market. "You rely only on other people tips, die also don't know how to die"

WCE used 5.9billion to build this highway project, what is the value of this highway project? I am very confident it should be not less than its cost.

actually the major shareholder entry prices were higher

penta likely will sustain strong growth because of right industry. Test equipments are in strong demand right now, i don't know how long this demand will sustain but currently this is the right industry to look into.

The fact is that solar industry is facing one of the worst if not the worst of price war. Many of the pv cell manufacturers might not earning money, or suffering loss. Tekseng is no exception. But do in mind, do we really expect manufacturers not earning money that long? Especially there's demand globally. Tekseng is selling quite attractive while only selling in term of pvc business (in my point of view) however, You may doubt how long will you have too wait the pv cells price to recover, if that is so don't invest first. Observe.

what is more important to construction companies like gadang is not quarter results, is their outstanding order book.. This a normal thing contruction companies can have higher profit because they can do higher profit margin works. "let's hope management is able to bid those tenders upcoming days". Hope is a dangerous thing, but in gadang case it seems likely true. We simply can't give a higher p/e etc 10 for reasons, outstanding order book is not sufficient to sustain growth that gadang used to have in recent years. Although gadang might grab more jobs in future soon, anything could happen. So instead of following quarter results, keep on track gadang order book. Or else you are merely giving your trust on "hope".

stockraider, i am curious with the land acquisition as well but at the same time, land nearby existing factory is probably not a bad thing too. I used to have a big doubt when hevea had huge borrowings when the whole market and factors were not at their side, but hevea prove us everything with fantastic results. In 2011, they were merely a 60++million cap company with 3.3million net profit bearing a 164million borrowings. Now, they are a 700++million cap company earning roughly 70million profit.. and yet they have paid until 15.11million borrowings. I could only say that is a very impressive thing..

Dear KC, thanks for your genuine comments. Unfortunately because of my current job, i often requested to predict the big picture before it happens. I could say Brexit and donald trump victory is expected within my expectations but often, the stock market and currency volatile cannot be predicted. What i am really trying to ask is that what will you react when macro factors are not on your side? Let say we all know the storm is coming eventually but we all do not have any idea when it will comes. What will you do in the storm? Will you stay aside temporary (selling stocks with negative factors and monitor the impact of the storm) or will you wait for the storm past and do nothing but believe everything will eventually past?

these stocks are pick very well especially in terms of the magic formula ev/ebit and roic . however, it might expose itself with weaker usd in the year end... but there's chance to boost up by tppa which i think highly chance succeed. I hold few stocks of out 5 myself and i am mentally hesitate for upcoming changes. I hope these macro factors won't affect them but highly unlikely.. KC, would you share some of your thoughts?

donfollowblindly, We don't know who is more successful in investing but mr.koon is rich in the first place because he is a successful businessman and an savvy entrepreneur.

John Lu, fundamental don't necessary means you only look at revenue and profit. you may consider looking in term of the prices you paid for it, the cash flow and is the company having any debts? Is there any good dividend payout for these recent years? There's a lot of things to look into other than revenue and profit.

Mr ooi, I sincerely feel sad to what you have encountered. Those brainless attackers owe you an apologise for your hark work and your unselfishness to share your knowledges. Again i am one of them who wish you can reconsider participate this competition. Your records are very valuable for a proven database for those who believe in FA+TA. Your presence in this competition can be tracked as the best references by those who want to learn further. Respect your decision.

from all the writings and views stockraider give, he is very good in investing and this guy have integrity, stockmoanmy is the opposite side. However, its only my opinion.

top up more again today...

Pohuat and Liihen two neighbourhood has been doing quite well recent years. No need argue who is better, buy both

Good to see Kcchong great personality, a real gentlemen. I did agree with this article for one thing that mr.koon seems to have bad memory now, hope he is getting better.

I think next quarter will announce dividend. After they collect back their receivables, with higher forex gain :)

still a gem in my opinion, cash already stand Rm1.10++ current price is still lower than graham net net!!! Good margin of safety. Even low demand now can post such results, can collect more..

Tekseng is not doing well if you compare it to his highest quarter records. But he doesn't deserve a recent drop down of 50% in fact, tekseng is doing well compare to its peers (most peers are having lost). There are many senseless comments that critize it should be selling 30sen 40sen, they clearly do not know what is the value of tekseng. If you chase 1.40 when you blindly follow growth clearly you are at high risks. If you do not dare to buy when prices now are cheap because you do not see growth, clearly you miss a good opportunity

A good hardworking student who always score grade A often praised by teachers and parents.
One day, the school announces that the syllabus is gonna change harder.
Every students, including their parents are very worried with this changes.
The first exam result after changes for syllabus is horrible, many students have failed their exams.
The hardworking student scores grade C for the very first time, he determines to work harder.
However, his parents, friends, relatives including his neighbour scold and critize him with no hope. They think he is an rotten apple and he is no longer even qualify to be a top class student. Some random strangers had even ask him to quit school.
The moral of story is, even a lazy student doesn't deserve this comment. But strangely enough, when a lazy student scores a bad result, no one comment anything.

太陽能電池廠昇陽科（3561）、太極（4934）等，第4季營運情況轉佳，估計11月業績將會各有明顯躍進，帶動本季整體營收表現向上。而太陽能模組廠安集（6477）第4季有趕在年底前完成安裝併網的拉貨力道支撐，預期模組業務表現將會超越第3季，帶動單季營收有機會比上季明顯成長，大增逾1倍。
昇陽科10月營收為4.61億元，僅比9月微增。由於訂單價格較10月走揚，且部分營收認列從10月遞延到11月，因此法人預期，昇陽科本月業績將會呈現月增。目前昇陽科除了仍在進行製程設備改良的少數機台外，其餘產能已全開。

另外，太極設於台灣、中國昆山與越南的電池產能，目前產能利用率約八至九成。在市場上價格於10月逐漸回溫時，該公司10月業績未見起色，仍小幅衰退，僅3.22億元，但在進入11月後，表現預期將會有明顯成長。

昇陽科第3季每股淨損1元，前三季每股淨損0.1元，而太極第3季則每股淨損1.09元，導致前三季每股淨損0.29元。雖然太陽能廠本季營收可預期將回升，但外界關注太陽能報價從10月回升，11月下半又轉為小跌，整體平均價格是否足以讓各業者本季毛利率轉正。

電池業者坦言，11月上半電池價格仍走升，確實從中旬之後，感受到漲勢越來越不明顯，甚至開始報價下修的情況，不過至今還沒有出現急跌的情況。

至於接下來12月的訂單，電池業者表示，與客戶的價格協商仍在拉鋸中，各家業者的考量可能不盡相同，要依照總產能規模大小、是否要滿載生產等因素來評估可接受的價格區間。

安集10月營收已回到億元以上，達1.06億元，月增128%，因此預計本季可朝每月業績皆維持在億元之上的目標邁進，等於單季營收力拚3億元以上水準。

hehe many senseless comment here, the best is you sell until 0.01 sen and they bought it.

p/e 10 for tekseng is still very very undervalue becoz in future additional production line are not counted in yet... imagine when solar industry rebounds back.... anyway, demand is increasing even for now...

management say Q3 50% production, Q4 already production 70%!!!!! plus, pvc segment is very stable...

Patrick13, what i mean is there will be higher depreciation in coming quarter, because the additional line is added recently. Therefore there is reason that net margin will pull back in coming quarters. But as you point out, good thing is that PVC contributes more.. yesterday management had pointed out it will be double digit growth.

skyrider, the decline of profit margin does not only include lower selling prices but also depreciation. Think of the huge expansion line recently, there will be higher deprecation...

Choobee sell downstream products which will have higher margin. Upstream products usually have fierce competition compare to downstream players. Btw choobee definitely used to buy raw materials from megasteel. Being an good accountant nor strong business sense doesn't make you know better with steel industry. Being rich or being good in the past doesn't make you a good fortune teller.

Buying more hehe

Negative cash flows for gadang is inevitable because gadang normal operating cash flow is insufficient to handle its development costs. When a contractor is bidding bigger project, this scenario is good if they are capable so negative cashflow isn't a big deal in big picture. If one happened to involve in contracting business, delay huge payables is a very normal thing too. In fact, many capable and good contractors are usually given a longer due date payment than those not so capable contractors. Please don't get me wrong that i am promoting gadang, i have sold off all my gadang shares at 3.2++ my reasons are different. My view is that future growth will be limited when contract bills were not sufficient to even sustain growth. And understanding most part of growth came from higher margins property development division. With contributions from capital 21 almost finished used up and construction contract not improving in the moment i think there are little valid reasons for me to hold. Overall i still think gadang is a good company and who knows if they will grab more exciting contracts.

Please learn to respect other opinions, if you can write your opinions why can't others write something they feel to? I hope there will less articles writing blog purposely to condemn others opinion. Enough is enough.

Actually recent drop of pv prices has surged the demand of people choosing solar. It's cheaper than before... more expensive also lead less demand. So either two way also benefit or hurt manufacturers. But most importantly, there's strong demand now. Of coz also need to see how tekseng can do. Let us watch tekseng management capable or not. But at least we are very sure this business got bright future ahead.

Excellent dividend counter and yet there's sustainable slow and steady growth

Not sure why so panic selling today, but anyway I just add more 1000lots..

I think it's unfair to say icap TTB useless when he only want to buy businesses in very cheap prices. But most of the time, in Chinese there's a word 便宜没好货好货不便宜

Good results

another chunchun call trap, hope there is no believers here for chun chun call

This year profit highly chance can exceed last year, days are brighter ahead also

andyhard, property income is recorded "others" in segment information.

good results, no problem

Hmms, A12 details are maybe incorrect. The figures given were not match with B1 explanation also.

After johotin and msm results, I am more convince canone could possiblility post a > 30million.

maybe plywoods and logs retail price sustain high but in order to sell own inventories many competitors are selling with depressing prices. please correct my assumptions if you know anything

This is a very bad result. In every aspect every business division also poor performance... Anyone know why timber and plywood prices are depressed for suppliers/manufacturers? What is the reasons WTK perform far worse results compare to peer - TAAN and smaller peer like FLBHD?

Hevea is doing a great job, with no doubt. Funny i see got people say bad and disappoint results. These jokers must be dreaming their super growth dreams.

The delay delivery is not due to its business operations, it is due to vessel. As sabah shipping company do not have many vessel going to USA, there are not many things flbhd can do except to appoint other shipping company which might have the same problems too.

A clever business man will think this is lucky when the delay of shipment due to vessel can benefit by collecting payment with a higher USD rate. Don't be so pessimism when you look at only quarter report. Yes, it look bad in when you only see if there's earning improvement but underneath flbhd is a cash cow. Its cash flow is still very strong and i think most people under-estimate that it has no borrowings at all!! Cash in hand will be more and more... and as long as they give dividend which they are very capable, i say no problem. I will look forward Q4 results which will be very good (extra 11.8million sales + extra forex gain on receivables + plus better selling prices with higher USDMYR + dividend announce)

Q4 results will be good since receivables of delay sales 11.8million will gain on forex too. This happened on Q2 2015 too.

this is not the first time flbhd decrease in revenue due to delay of vessel to USA. The same thing happened on Q1 2015 quarter report.

Flbhd is not an ordinary company with enormous cash in hand only, but also very generous in giving dividend back to shareholders in the past. We will see how this coming quarter result

I think one should take consideration for canone over johotin is canone is only a oem. This take off some unnecessary risks isn't?