does anyone know who is Mr. Lee Soon Huat?

>chaishuk insider news, Q1 not doing well, far below as expected, forecast coming quarter not so well too

Wah..so serious..OK I run.

>simctgal Number of share is still the same... so eps will not be affected
Correct.

congrats RHB and M+.. your stock recommendation finally paying off! =)

bearish or bullish is a view. I think Gtronic is a hold. not a sell. no immediate problems. we'll see if it recovers. It was a shining star a few years back, only GTRONIC and INARI were even big enough to be considered. now outshined by VITROX, PENTA, etc..

I think gtronic is now a technical play. From a valuation perspective, it is cheap historically, but expensive on an industry average perspective. Growth wise, it has slowed as shown in latest qr. Furthermore, seasonality in earnings suggest that historically q1 is the slowest quarter for the year. Given the negative sentiment in the tech sector, specifically in the semicon sector, there are not enough bullish catalysts from a fundamental perspective. Long run, I believe it will recover.

In the short term , at least till after a trade war resolution and semicon starts showing earnings growth, it is a technical play. On 21 Feb it breached the upward channel since Jan 1. So now it depends on the 1.85 resistance which isn't really strong. next support likely at 1.60 already.

consolidation? or pullback? or waiting AGM?

Just realized management including directors bought back some 1.5mil shares. Good! Hwaiting!

From 4Q2018 QR pg 20-21. "Based on the treasury shares book cost, the share dividend is equivalent to 2.5 sen per share."

This means when the company's treasury bought the share, it was 2.5 sen per share.. or after the capital changes such as bonus/right issues, the average cost was found to be 2.5 sen per share. What it means is the company bought the shares low and now repaying the shareholders with cheap shares it bought long ago. That's great news to me!

Anyhow, the good news is, we get a 5% dividend independent of the share price. Since the shares are owned by the treasury already, there is no change to paid up capital and no shares dilution/shares cancellation.. ideally, assuming approximately no market cap changes, the price of the stock is ideally unchanged ex-dividend (unless bonus/right issue). Hence, we get 5% more shares ex-dividend. Good dividend yield, considering it's a growth stock..

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MoneyMoneyHome2019 Just curious about the treasury share. The announcement said that it will give 1 treasury share for every 20 existing ordinary share, which mean 5% right? But why the dividend is only equivalent to 2.5 sen per share? How do they compute this?

profit taking by big boys?

i'm confused.. why is it opening lower?

FY18 v FY17 profit grew 59% to 51mil, revenue profit grew 48% to 422 mil. PE now at 19.

congrats to PENTA owners! q4 YoY growth 80%

nahhh..gap up liao..congrats dufu holders..

woooooo~~ buy buy buy! luckily last few days buy the dip. tomorrow buy more dip! I think DUFU should deserve 20x PE but for now still a small company. Even at 15x PE there's still a long way to go.

I think last few days INARI, ELSOFT sentiment pulled DUFU down. Luckily DUFU proved itself! Now waiting PENTA. VITROX good qr but PER too high for me personally. of course high PE doesnt mean stock cant go up. just no margin of safety.

Yeah, I was thinking the same thing. The company's business fundamentals is derived from it's customers providing revenues. If the customers run due to bad global biz environment, then the company's fundamentals are eroded. To be fair, most of semicon tech stocks in US are already beaten. This is not a surprise. That's why the shares only fell 4% as the slowdown has been priced in. Using a 15x PE and 7 sen earnings, TP is RM1.05. Will come back when earnings improve.

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bone Global business environment = inari company fundamental... what common sense you are using again @aries?

Thesis intact after QR released today. INARI 3 quarters of lower profits and lower revenue YoY. Even if you love this stock, it can longer sustain a growth stock PER (22x is high to me); it will definitely be discounted as a value play and growth investors will flock to competitors. Ignored the TA for the last few days but QR now confirmed it. Sell.
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sanakimpro So, what pushed INARI up? From INTC QR yesterday, you see that wireless modem segment is down, directly related to mobile phome segment. Semicon rallied but the direct risk to INARI business, i.e. lower mobile phone component demand is still intact.

I guess it was a trade opportunity, but investors would be wiser to wait for qr to see if revenue and profits have sustained. I am worried it declines further, then 3 trailing quarters of losses would cheapen INARI PER further.

Disclaimer: I am a long term INARI bull.
25/01/2019 16:43

I think IDSS kaki will stay until they find something else to IDSS. Otherwise they'll just sit on HIBI.. haha

sell as hit TP. good result means we should sell into strength and buy back on rebound. nobody ask to sell all. sell a bit at 1.10, 1.15, 1.20 like that la.
at first i thought will selldown, but if u see how news websites report it, hibi revenue jump xyz or profit jumped 500%, sure will get hyped up one..

bullish news for PADINI?

https://www.theedgemarkets.com/article/malaysia-wholesale-and-retail-trade-index-81-yoy-4q18

I think the situationis getting oversold. Need the guts to hold on till the next QR comes out to justify putting more money into PADINI.

https://www.theedgemarkets.com/article/padini-downgraded-neutral-macquarie-price-target-rm343

> future trend of condomless intercourse.
WHAT?! Where did you get this from?

Question: http://www.bursamalaysia.com/market/listed-companies/company-announcements/6053105

Any implication?

Peter lynch taught us to see the store with your own eyes, and ask your friends and family if they buy PADINI stuff. People always associate it will discount so that's good in today's tight economy. For bonia, even at pavilion and farrenheit88's carlorino, nobody is seen in there. From that alone, I am still wary of Bonia. Padini seems to still have a lot of customers waiting for the next discount.. so I was also puzzled by last QR report. I hope this QR report improves and I can rebuild my long position on PADINI.

Long padini long term. Short term can accumulate with narrow SL.

So, what pushed INARI up? From INTC QR yesterday, you see that wireless modem segment is down, directly related to mobile phome segment. Semicon rallied but the direct risk to INARI business, i.e. lower mobile phone component demand is still intact.

I guess it was a trade opportunity, but investors would be wiser to wait for qr to see if revenue and profits have sustained. I am worried it declines further, then 3 trailing quarters of losses would cheapen INARI PER further.

Disclaimer: I am a long term INARI bull.

Weird.. profit is 50+ mil per quarter. Cash rich company.. but sell like no tomorrow for a 9mil fine?

I don't get the hoohaa.. Htpadu has net loss for 2017, has low liquidity and is a tiny company.. one person buy till limit up ah? 6.2m shares traded compared with myeg already 40m shares.. underdog growth story?

my biggest worry is the D/E ratio and gearing ratio, too much loans. I understand it is a factory and needs money for PPE and expansion, but I'm not sure management sees it as a problem. also profit margin around 5% as mentioned before.

key risks seems to be large amounts of borrowings, interest rate risk on loan, rising MYR strength, and cocoa commodity seems to be recovering from the crash.

will hold and see if GCB plays out well after 4Q18, otherwise selling at cutloss at 21SMA support of 2.75.

hi GCB.. just bought a small position after today's breakout from rounding top pattern. good company technicals and fundamentals.. only thing is profit margin is quite low, around 5%

>Flintstones I would adopt a wait and see approach on Padini.
+1 I think so too. cheap can get cheaper is my worry for Padini. I love the stock and have held it for a while, but sold before the crash, waiting to get back in. I'm hoping the next qr on 26 Feb will open a new window.
rebound trade is possible but narrow stop loss is required. today's rebound is a sign of confidence, but without good volume and confirmation, it's better to wait and see.

Inari seems to be in double top formation. 1.50 is the neckline, a crucial technical pivot point. If it falls below 1.40 then back to 1.50 and down, double top will continue and inari is in trouble. if it breaks 1.70, then there is a reversal and we can start opening a longer term long position.

4444.. oversold yesterday ma. -16%. today cover balik

anyone dare to IDSS today? :-P

hahaha even StarBiz thinks so..

"My EG fell 17 sen to 84 sen with 231.85 million shares done, in the absence of any negative news."

Read more at https://www.thestar.com.my/business/business-news/2018/12/12/banks-help-bursa-snap-six-days-of-losses-myeg-slides/#AdQTKIbv01Lp3fle.99

lol.. all those TPs..
UOB Kay Hian Malaysia Research has a Buy on My EG with a target price of RM1.62, CIMB Equities Research has an Add with a TP of RM1.86 and MIDF Research a buy with a TP of RM1.55.

https://www.theedgemarkets.com/article/azmin-ali-malaysia-cut-oil-output-15000-barrels-day
Question: Will hibiscus be affected? Or does it apply to Petronas and GLC oil companies?

"Moving on to wireless, revenue was $1.7 billion, which was down 5% year-on-year. The wireless segment represented 31% of our total revenue. And wireless revenue however was somewhat better than our expectations for the fourth quarter as we benefited from upside volumes of legacy phone generations and our North American OEM customer. "
-- Broadcom Ltd earnings call transcript.
I think this was fairly reflected in Inari's 4Q18 results.

weird that Elsoft is down since Nov 16 3Q18 was very good. Is Elsoft a direct smaller competitor to INARI so it's selling in sympathy?

Inari EPS -12% and revenue -12.7% QoQ. Seems to already be priced in to the stock.

any idea when the qr is being released?

if scientex can buy dabochi...when is myeg gonna buy eforce?

idss people lost back their gains..

1.06 close. congrats HIBI

I just realized that with NVDA at USD 200 and TTM earnings of USD 6.55, NVDA's PER is 30.5.. Vitrox at RM 7.50 and TTM earnings of RM0.2057, Vitrox's PER is 36.5..

Wow, our Vitrox is more expensive than NVDA.. hmmm.. worth pondering about huh?

anyone got IDSS chatgroup? wanna know what they are feeling now.. :wonder: :guess:

why big mama got so much influence on myeg? scared macc say myeg got corruption izit?

where is that 150 million coming from?

ya la, where got so chun want? Oslo lawsuit US $35m, 2 rigs US $37.5m..

LOL, if we win the Oslo case, then we can use the money to pay off the two new oil rigs. Free two oil rigs, yo! Dr. Kenneth is obviously very capable..