RM1.56 1st resistance

washing plate.....

TP > 82sen. With strengthening of RM, remaining of subsidy....

https://www.malaymail.com/news/malaysia/2024/10/19/we-didnt-remove-subsidies-in-budget-2025-says-pm-anwar/154161

no removal of subsidy......

baed on the chart, this week should have more upside.

next 3 concerns of the government : 1) sugar ceiling price and subsidy, 2) Ron95 floating price, 3) re-implement of GST. Which one you think government will go ahead first and doesn't impact the citizen much.

just wait for the Budget anouncement.

will government remove the sugar ceiling price for MSM and scrap the sugar subsidy ??

with the rising MYR vs USD, a lot of things need to recalculate........this take more time but is good for investor like us.

heard this week or next week only

coming soon.......

i read from QR, in order to increase the profit margin and expand the source, PTRB has penetrated into Indo market to source for more seafoods.....this give PTRB the ability to nego the pricing with local suppliers , vietnam suppliers and expand their suppliers list to indo to support overseas market....

but hor, now investors is thinking China ban of Japan seafoods, may help PTRB sales increase.....therefore price up ?

could be trap, just be cautious.

might as well invest in other safe company....

My point of view :
1) profit margin expanded to 14%
2) tap deeper into China market, with higher revenue from China.
3) expanded local market with open additional 2 MO mart.
4) tap into Indonesia wholesale market, although the revenue from Indonesia hasn't reflect in.
So far every qtr is positive, no lose.

I would say this is so fat one of the growth stock should invest and hold on. Like Cold Eyes said, got growth then dont sell.

big boss throw and run....Gg liao

usually price pull up before QR release has only 2 possibilities :
a ) Good earning going to release and investor buy before hand, or
b) Pull up and insider dump before bad QR release.

So which one is it ?

DSS also kena sell down yesterday. Suspected did by the same group of operator like PTRB

park here where u can sleep well, and let the founder manage the company without worry

Still can buy. Acquisition is in talks, and metal stamping division and E&E division has growth in 2023. The intrinsic value is far more than current price

going uptrend

MTL also exports metal furnitures to overseas, anyone know the furniture brands ?

MTL has secured new contract for aircon related parts, with higher margin. So i believe the margin will improve in 2023 QR.

if PTRB is asfamous as QL, then its price should be above RM3 already...

sales in China will further expand.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3331204

next week liao

today price should up a bit due to QR release date

anyone knows when the QR release ?

from 0.58 to 0.9, it is another bumpy road to go. But if u hold tight, u will reach the destination.

@Go lucky Happy, you see the price is dropping from 0.68 until 0.58. I see another way round, its price is picking up from 0.39 until 0.58 already.

Ignore the construction counter, property counter, technology counter. Focus on Foods counter and maybe some good industrial counter ( that depends on export ).

When recession come, ppls will spend the money on foods first, instead on gadget. This is why tech counter is dropping but foods counter is rising.

Moreover, if we add up the expansion ( MyLaut which is already in progress ), and Foods Road show at happened at different country. The company did went for road show at Singapore, Vietnam...etc to explore opportunities at different countries...... I believe this is a counter can above RM1 easily.

consumer stock, especially food related counter is the most anti-recession counter. No matter how recession we are, human beings still need foods.

Based on the last quarter revenue of RM125mil and x 4 ( assuming no expansion at all the whole year ), we are getting RM500mil revenue per year. At 11% profit margin that will be 55mil profit for whole year. which is equivalent to 10sen EPS. At current price the forward PE is only 6x.

another coming 2 acquisition in talks now is also EV related. Hopefully the deal went through and announce soon....

51K EV business will not impact or make a difference in the Group revenue. But why the owner agree to sell the shareholding to Danco, unless he also see something that we wont know. My wild guess is another acquisition is also EV related where JusEV is just a tool helping to grow the another acquistion to works more better. Else, why Danco group bother to acquire such a small company

dont worry all, still got more acquisition to announce soon.

Hopefully another 2 more acquisition get through as well. Waiting for the good news ...

assume acquisition that can boost the earning to ~8mil per quarter. That is ~1.8eps.
Price should be above 70sen then.

Coming QR also see a better profit. I expect estimate of 5 ~6mil earning, which is ~1.2 eps. Plus 1.25sen of dividend.
Price may move up further.

maanagement is in talk with 2 ~ 3 companies ( Electronic & Electrical ) for acquisition. Just stay on and wait. At this price, the cash on hand and existing business will support the price , and with coming dividend announcement and acquisition, this will push up the price further. This is like a sure win game except we need some time to make it happen

Hi Hope i am not too late to participate in this…anyway here is my selection :
1) BPPLAS 25% dividend company with growth
2) COASTAL 25% good profitability prospect
3) TGUAN 20% dividend company with growth
4) RL 20% green energy company, possible has a boom in 2023 depends on government policy
5) Maybank 10% stable dividend income

From the plan of the big boss of samchem, samchem group plan to hold about 50% of the samchem Vietnam units after listed.

With such, samchem Vietnam unit is considered a subsidiary of the samchem group. All the cash and debt of the samchem Vietnam units will counted towards into group.

My view after the listing is as below:
Samchem Vietnam units debt will paired down using the listing money. Or
Cash will increased for samchem Vietnam units if the debt is not paired down.

Both situation is also good for the group.

so buy now, and ignore the market noise and hold for 6 months, you should have return of 100% by then.

No need to worry of right issue, or private placement as this is cash rich company.....with NTA RM1.40

Q4 revenue should be highest in this year, due to many countries is spending money to boost up the economy. Germany lights and building trade show at Frankfurt....etc. looking forward for EPS above 3sen. Stock price ~ RM1.20

Coming quarter revenue expected to come in around 60mil, with 10% profit margin , profit ~ 6mil.
which is equivalent to EPS 2.4sen. Price will move to around RM1

another quarter or two then the price will move. Just take this opportunity to accumulate.....

Cpo uptrend again