Month end window dressing I'm guessing, from 1.35 to 1.40 without gap very unusual.... but then again Brent shot up too, as well as usual vs RM, tripple whammy gain for hibiscus... Brent up, RM down since crude sold in USD, and 2m boe awaiting Q4 sales.

I respect ur balls of steel....Calvin, I dare not go in anymore, focusing on my portfolio distribution covering banks

Great move skoh888.... those who can monitor closely can do this, I'm weak when it comes to cut-loss positions.... sometimes I ignore and the when goes below that ...aisey forgot to sell ok lah keep.... heeee no discipline

Yup event cud be window dressing for mth end pricing and big boys portfolio realignment.... not to be alarmed.... or TSH doing share buyback to shock shareholders same time LOL... stay tough guys, but really happy on FGV announcement ....against all odds

what just happened.... in last 15mins, 7m shares traded at 1.26 !!! just like that someone decided to park to buy and someone conveniently sold equally.... if this is not manipulation then what is? Reverse happened at hibiscus..... from 1.35 to 1.40.... bang bang bang, interesting days

@GrowthCapitalist ..... the public spread was announced by management itself, where they stated that the top 5 or 10 largest shareholders only hold a small portion, therefore leaving a big portion out there for trading, you can say hibiscus belongs to the people...
in Q3 announced 307m profit but this included 317m of negative goodwill, therefore if you strip out -ve goodwill it was actually a loss of 10m but management justified it by saying that 1 offtake was missed in the month, where generally there is about 11 offtakes in a year and therefore there will be one mth where there there will be 1 offtake lacking and this was the mth.... for on of their reservoirs... nevertheless mngt said will make up for this in the 2m boe equivalent sales that will be made in Q4, which only time can tell

QR commentary other than stating mathamatical variance from last year Q and last Q makes to attempt to explain how come continue to do business with negative gross margin.... there were better off not engaging in work altogether.... half if not more from middle east... which is now cash rich due to high brent

@zhangzuode.... yes IFRS says if the studies are pertaining to future income generation that can be proved to some extent, then can be capitalised and amortised there on. Same with the negative goodwill which is a good thing actually - meaning they paid less than the NTA means they can capitalise the sum, as non distributable reserves, all sounds good, furthermore repsol returns were from an associate and therefore did not show in the revenue, but was present in the PBT, all good... nevertheless the market did not think so.

nice article @skoh888 ... i like ur2 suggestions, and im taking the first suggestion, and have already gone in, but on your point about IB, im sure u know that they issue 15 CWs and then someone will issue 1 PW... where is the fairness in this? Naturally it will be in their interest to push the mother share down, thats just their strategy, just like short selling, the strategy is clear, but you mentioned JTiasa has no CWs and yet not doing well.... thats a good point, how about hibiscus? any opinion?

good days are long gone....although supermax offered a decent 3% dividend yield, thats all we can hope for if still interested....otherwise banking counters are better bet

unlike glove counters where the profit shot up 1000%, this will not happen with oil palm, nevertheless there is a decent increase in profit from at least 3 mths ago, although some recorded flay QonQ results, a decent price increase to about RM1,70-1.80 will be nice for a change.... and from there on depending on CPO price can fluctuate 10-15% up or down.... we shd keep our targets reasonable thats all..... 'ib or not, the truth will prevail

@Vtrade.... tip nie mngt dah bagi dlm Q3 announcement :-)

one of hibiscus problem is high public shareholding, therefore almost all the 2b shares are out there being traded.... high volatility, and in the last Qtr results, management did the unexpected, when they made a "forecast" of Q4 when it was not needed at all !!! in fact i have not seen any company being so factual about the coming quarter production and numbers, but that only means management wants to be transparent.... what the forecast says, is that they will make more money in this 1 quarter, compared to what they did in the last 3 quarters !! If investors cant read this.... i dont no who else can

TSH... one of the few CPO companies that bucked the trend of lower production in Q1 compared to Q4 as most others did.... and yet got punished, amazing reverse psychology

the story of airasia, is one of unfortunate circumstances, just as it comes out of covid it is hit my energy crisis, it has about RM600m+ of depreciation and finance cost hurdle, which means just to make zero profit it needs an EBITDA of RM600m+ while in the last Q the EBITDA was only RM308m : NOT 308m profit but 308m loss !!! with the qtr previous to that RM200m loss also, therefore it will take many quarters for airasia to come into the black....

next support is 1.22 ..... i believe if this support breaches then shd cut loss and wait, we are already into the end of the 2nd mth of Q4, and brent has been above 110 therefore Q4 profits will be extraordinary with other 2million boe sold, someone out there is scaring the small time investors for no reason

nice analysis, although i found it a little confusing on the AE part, but in summary BOE sales in Q4 alone (2.076m) will be 45% of the whole FY2022 boe sales (4.656m), and looing at the high price of brent today (may25) at 114, and with expectation that it will remain above 100 till 31 june 2022, hibiscus is expected to make bumper profits?

sometimes just purely looking at price spikes makes us think thats the price for the month, for example when cpo touched RM7000 plus in march, truth is that YTD jan to may the average price is only 5604.... assuming this average is the same for 2022, then earnings will be good.... which is tough, as we can expect price to go lower to adjust against russian ukraine war, weather, etc that made the price go up in the first place.... more likely average price for 2022 will be about 5000 and coupled with minimum wage and low workers for harvesting.... earnings will perhaps revert to what it was in 2021.... just my 2sen analysis

in short, when u hear people over publise certain counters just make sure you DONT buy them... example, subur tiasa, jaya tiasa, tsh, hengyuen, ..... and when IBs say dont buy certain counters, actually u shd buy them.... more on long term gains

you have your point calvin, but its hard to prove these so called sindikets and ib strategy, in order for them to surpress the mother share price, they need to stock up heavily in order to be able to sell, dont tell me they buy and and sell same time !! if they do this then price will stay the same.... so if what you say is true, then u need to prove how it works

it will take probably another qtr or 2 before hitting profits, but up is a sure thing over time... meanwhile hold and ride the loss opportunity cost

so calvintaneng.... how do we fight the IBs? i am ready with my belt, and pen knife.... lets go to war :-)

this Q eps at 3.14, and with good strong orderbook, and assuming 3.14 x 4 = 12.56, thats puts p/e with current price of 44c at 3,5x, even if the earnings was discounted 20% to then p/e is 4.4x .... isnt that too low for energy company? cud it be because no div therefore shunned by institiunal investors?

Taann and SOP has increased more than 100% since mid last year, whereas counters like TSH, Inno only marginally increased... perhaps Taann and SOP already absorb all the high expectations

report says expected to produce/sell 4.6m boe as of FY2022, or july 21 - june 22, and since they have sold 2.6m boe as of Q3 cummulative, it means that Q4 alone they will sell 2m boe..... just in 1 quarter !!! Secondly, they sold about 1.5m boe in Q3 and made 15c EPS, that means Q4 EPS will be 20c prorated assume same price..... full year FY2022, thats about 40c EPS and against price of RM1.37 thats P/E of 3.425.... is this correct?

most cpo counters trading in range of 10-16 pe ratio.... with likes of cepat and sarawak in the low ranges and ioi and klk in the high ranges..... which will prove the better?

amazingly ommited out the single most important palm oil counter in the calculations..... KLK, it may not just up 100% but surely its the sturdeast and strongest of all if ever there was a downturn

ok calvintaneng.... just 1 tip for me... real one :-) and i will use to determine ur word ...can ah?

guys or girls.... can we maintain some civil in our conversations, no need to bring mum and others into it, share trading is a bit like roller coaster ride... kadang kala up kadang kala down..... when up treat urself to steak when down go eat maggi mee... simple rule

i really dont understand whats the panic and doomsday proponents, lets just want until this month end, TG will be announcing their q result, and we can see if all these hype on gloves sell down is justified? Gloves are based on fundamentals, whereas vaccines is based on assumptions and forecast.... i would rather invest in REAL. Of oucrse in between there are ups and downs and yes you can sell all and buy all and no one will stop u, but in the end the funds have to be invested in something... and my something is glove shares

just think about it..... about a month ago, glove counters were flying sky high, looked like nothing cud bring it down, contra players were having feast days, then came the penny "related glove/masks/health" stocks meteoric rise, this gave glove counters some cooling time, and now vaccine play.... more cooling time for gloves, all these was to weed off contra players (pls dont get me wrong i do contra myself at times), bonus issue is around the corner.... and who is left at the gloves... ardent long term investors, who in the end will sip their wine and go into the sunset... isnt that just so scripted .... tell me im wrong

beinvested ....i like your story of 24.14 and the story of Noah's Ark ... sweet :-)

what are the other vaccine-medical related counters here? Thx

on the subject, i wud also like to promote karex.... with their new brand sperm-max... double coated rubber for max protection... coming near your neighborhood store, can buy for your horny boyfren :-) pls support

i just leave the forum a few days.... and company has changed its name now to Speurmax.... since we are changing can I propose spearmax, at least we can use the company to spear covid-19 off the face of the earth once and for all... all here say yaay to speurmax or better spearmax.... peace :-)

i think half the trades for the day done at 1.79-1.80 ..... selling rather than buying, which means there shd be cushion at t+2 if forced sell :-) if im right

let me give my sepuluh sen worth of advice on the tencent deal, if you are in for the long run perhaps you want to hold-on (only perhaps)... but if you are into something tangible within next 6mths just liquidate and move on, as GP has never shown anything tangible historically... but of course i cud be wrong in this instance, just a thot... peace

if i ever set-up a glove company i will call it topless... :-)

there is a lot of hype about vaccine, let's take a look at some number, as of 10 Aug 2020, theres 12,990,473 recovered cases, and 736,500 deaths, thats 95% cases that have recovered. Then there is also the active 6.4million cases, of which only 1% is critical. We DON'T need a vaccine, we just need to stop the spreading....that being said gloves is essential no matter what the case... vaccine or not.

there is a lot of hype about vaccine, let's take a look at some number, as of 10 Aug 2020, theres 12,990,473 recovered cases, and 736,500 deaths, thats 95% cases that have recovered. Then there is also the active 6.4million cases, of which only 1% is critical. We DON'T need a vaccine, we just need to stop the spreading....that being said gloves is essential no matter what the case... vaccine or not.

there is a lot of hype about vaccine, let's take a look at some number, as of 10 Aug 2020, theres 12,990,473 recovered cases, and 736,500 deaths, thats 95% cases that have recovered. Then there is also the active 6.4million cases, of which only 1% is critical. We DON'T need a vaccine, we just need to stop the spreading....that being said gloves is essential no matter what the case... vaccine or not.

@katherine lim.... i like what u posted in the supermax blog, doing body shop now :-) LOL.... 1b huh, lest just see

dear fellow investors, what do you think Q2 result is going to be for airasia? It will probably be the worst qtr result ever with the whole Q months planed grounded...and with that confirmation, there is little to no hope of holding on to the shares, unless you are a key shareholder. If you are only a retail investor, sell and buy after the Q2 announcement when the price will get whacked... just my 2 sen advice - resumption of flights is not a "good" news its only an expected news... and theres a big difference

its amazing how TG is teasing with its 25-26 band trades over the past few days.... this I believe is to weed out the temps the 3+1 hunters... and when u least expected it will soar, then those who opted out will be too late, heed the doom of mandos... mua hua hua hua

should think more long term, and sure in return, all though it may not be as high in percentage.... bluechips > TG, supermx, harta.... and perhaps a little 5-10% in low liners... hlt, k1, bcmall, etc, just my 2 sens worth

now thanks to TG.... when i see topglove i only see topless... both make me feel good :-) who else is with me

pls add me tooo :-)

HLT has good future ahead, but it needs to complete with the big boys of gloves in attracting capital therefore short term players will find this counter counter productive but say 1 year from now, those who invest for good will reap the benefits, malaysia produces 65% of world supply and demand has shot thru the roof, this alone is enuf analysis if you ask me... all the best

Q1 2020 results with only less than 1 mths impact (march) resulted in RM900K loss.... just imagine the results of Q2 where all the 3 mths and covid months.... potentially RM900K (less forex losses 200K) x 3 = RM2.1b loss... unimaginable

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