Post removed.Why?

tksw, whats ur take on the share price?

they got query from bursa on the acquisition. replied.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5557153

http://www.hydrocarbonprocessing.com/news/2017/07/skoreas-sk-innovation-sees-favorable-refining-margins-in-h2

This company has bright future where the recent record high profit mainly comes from CORE EARNINGS. And double positive effects with CAREPLUS's capacity expansion + better margins due to economoies of scale.

Valuation wise, annualise latest EPS, PE is at 12x at 38 sen. For big glove players, industry PER is between 23x to 28x like Topglove, Harta etc. For small glove companies, the PER should be around 15 - 20x. Assume PER 15x, at annual recent EPS, the share price should be at RM0.47. Why multi-baggar in Icon8888's post? Because the huge capacity expansion plans + better margins with lower cost per unit will drive the earnings exponentially.

It's a no-brainer buy at this level.

Hi, cckkpr. Respond to your amount owing by related company, that is not borrowing, but the sales to related people. In simple words, it's same as trade receivables, they sold to related parties, for transparency purpose, it's being recorded in that way. Please read PAGE 87 in Annual Report 2016.

This company has bright future where the recent record high profit mainly comes from CORE EARNINGS. And double positive effects with CAREPLUS's capacity expansion + better margins due to economoies of scale.

Valuation wise, annualise latest EPS, PE is at 12x at 38 sen. For big glove players, industry PER is between 23x to 28x like Topglove, Harta etc. For small glove companies, the PER should be around 15 - 20x. Assume PER 15x, at annual recent EPS, the share price should be at RM0.47. Why multi-baggar? Because the huge capacity expansion plans + better margins with lower cost per unit will drive the earnings exponentially.

It's a no-brainer buy at this level.

This stock has super huge growth potential, if you look at their IPO proceeds of utilisation, you will be amazed by how much growth potential it has. And it's almost the ONLY semiconductor stock that hasn't gone up too much. Director has acquired the shares @ 0.86 yesterday. I believe short to medium term @ RM1.3-1.5 is very reasonable.