should used y-o-y figure as comparison,not q-o-q,most plantation company's 4rd q production is higher than 3rd q,due to recovery from el-nino.

buy on dip and hold.no contra.that is the best way to riding on notion's turnaround story.

announced another 1 cen dividend,almost 100% payout in FY2016,with anticipated much better FY2017,notion should gradually transform into a high yield stock.good time ahead hopefully.

i believe notion wil be one of the star performer in 2017,driven by significant improvement in profit,stronger free cash flow and higher dividend.
but,as usual,i don suggest contra play.

congrat to all,good starting for 2017.

fake news,usd 250m deal?if true then MUST announce through bursa.

wow,50% return within 18 month,good job!

thanks for the information wecan2088,but to be fair,establish a 10-15MW hydro plant normally take at less 2 year.even thought gunung can build 2 plant in every 2 year,it will take at less 15 year to build up all the hydro plant.

so,gunung can only and possibly obtain RM150m of annual revenue from hydro plant business after 15 year,never be 2017,not to said their still need to make sure all 31 pre-approval sites(25+6) is fully build up,obtain permit from EC and TENAGA.

after acquire Pusaka Hijau in 2013,gunung only sucessfully build up 14MW of capacity unti today,this shows that build up a 10-15MW hydro plant is not a easy job,so when do you think gunung are able to build up all the 31 hydro plant?

please do not mislead investors.gunung's mini hydro plant had capacity 14MW ONLY,not 140MW claimed by the author,so the potential revenue contribution was RM14-16m per year at most,not RM150m.

only matter of time.

latest result showing:

-revenue and NP keep growing marginally even shipment to O&G sector remain sluggish.
-balance sheet keep improving.
-valuation is cheap.
-renewable energy business going to make contribution in very short term.

to be fair,comcorp's result was quite good,but i am wondering why so many people still bad mouth here,maybe their are trying to weight down share price again so their can buy at better price?

fed rise rate.stronger usd,stronger notion.

http://www.orientaldaily.com.my/business/cj22pn17

i think is neutral if not slightly negative,since exporter are forced to convert 75% of expert earning into ringgit,capital flexibility will reduce following the new rules,but of course it will not impact NOTION's profitability since BNM still allow exporter to held 25% earning in dollar term,to hedge against any USD cost.

generally,notion will still benefited when USD appreciated.

who is buddyinvest?was he a "gunner" hired by KYY?

just read back all the article post by BI:

BUY CSCTEEL,SELL choobee/MKH.

does it remind you someone?

very fair article,good.

even after deducted RM2.8m inventory write-off and RM3.5m plant and machinery write-off,still able to achieve RM4.6m NP,really impressed.

.....

nice,above expectation indeed,but what make me even excited was their are going to started new plant at johor by next month(initially i though will only happen by 2nd half 2017),that is very crucial to enhance mid-to-long term growth,and further diversify into non-HDD segment.

notion v-tec,welcome back!

should come out this week,but don speculate,be prudent.if result is good,then not too late to buy since next quarter will be even good as usd keep appreciate,but if result is not good,the we can buy on dip since coming results is expected to rebound.

a donkey in china predicted trump will win US election,was it "A prudent man" too?

the company set up a new subsidaries recently,probably related to the plan of set up a new plant at johor,waiting for more details.

the big variable mostly come from forex change,so should be quite positive in 4rd q since usd is stronger,but last portion of realized hedging losses(estimated at RM4-5m) and inventories write off should continue to drag bottom line,unless their are able to write back some items(like disposal of scrap metal),or improve sales performance.

by the way,based on last quarter trend,HDD segment unlikely to rebound meaningfully,the only hopes fall onto automotive division which own fair chance to achieve growth.net cash position should improve further if not mistaken.

4rd q result should released by next week.but i don really expect any surprise,the turning point should fall on 1st q 2017,where hedging losses totally eliminated,stronger usd started to lift margin meaningfully and depreciation charges reduced further.

单是确定到手的4亿令吉订单，就足以让隆发工程的订单／营业额比高达15倍；若再算上已获意向书的另4亿令吉订单，覆盖比则将进一步攀升至惊人的30倍，这数据甚至还不包括隆发工程可能赢得的其他外部工作。

finally get some coverage from media.with order book coverage ratio of 30x(probably the highest among listed peers),LFE should do very well going forward.i expect revenue of FY2017 should triple up to atless RM80m,and net profit could goes up to around RM4m.

suggest management hedge 40-50% of revenue at RM4.20,that will be perfect for future earning.

nwp??you must be joking.

recent rally of steel price are bad news to OCK,cos about 30-40% of construction cost(to build tower) used for purchase steel,short term cost might rise significantly,better be careful,even long-term prospect remain positive.

mando.you really thought an simple article are able to push up iris's share price?i don think so.

thats why the decision to divest non-core business is very crucial.as the case of iris,FY 2017 should be a watershed year.

finally,maybank start to replaced ATM/CDM with OKI's CRM which is supply by opensys,i been waiting this since early last year!!!

if could maintain at current level,notion might fly soon.

usd 4.15.

collecting mode.

finally,2 consecutive quarter of positive earning,should uplift from PN17 very soon,and expect FY2017 result will be much much better with RM800m worth of order book starting to contribute.

bad result?not really,headline losses mainly due to inventory write off(rm3.6m),derivative settlement losses(rm3.2m) and deferred taxes provision(rm6.4m).

to evaluate notion's performance,EBITDA will be better indicator,which stood at RM10.9m even after deducted items above.

if share price drop to RM0.38-0.385 level due to current losses,i think that will be good chance to re-collect.

two major secured project with total value of RM679m haven contribute yet.when it is started to contribute in second half,explosive growth will be seen.

if everything goes smooth,revenue from 2017 to 2019 should at less between RM150m-250m per year,which is 500%-900% higher than current revenue trend.

i am not making prediction,the figure is calculated based on two current major orders in hand,one located at putrajaya and another located at london,and it is very conservative since i do not take other smaller orders into consideration yet .

at the price of 29cen and market cap of RM52.49m,i'll said just forget about other construction stocks.

no any construction stock in bursa is undervalue like LFE.

big sales!hope could get some at 0.38.

after went through all the recent report.i found LFE really had huge potential to significantly outperform the market in 2nd half.upside could be more than 100% after considering size of current orders book.

interesting counter.RM 280 million of order are going to recognize within 18 month.revenue should at less double up in quarters to come.if margin maintain at 5-7%,coming results will be fantastic.

business is solid.valuation is attractive.

this fellow act like calvin tan.know nothing about finance and business.but try to act like he is expert.

wow.RM0.38.truely undervalue gem.

calvin,debt of aax could never be RM103b.don misleading people.
do more research if you wanna critic something.

agreed.don buy wb.

as EBITDA only 2x of market cap,and with sustainable profitability,notion vtec was deeply underestimated by the market.

my prediction is:

1.)Net profit of FY2016 should ended around RM13-15m,equal to EPS of 4.8-5.5cen,due 2nd half result should improve further after consolidate of business operation,stronger USD and elimination of hedging losses.

2.)Net profit of FY 2017 should improved further to RM 20-22m,equal to EPS of 7.4-8.2cen,due to depreciation charges reduce further after two consecutive year of low capex spending,pick up of automotive business and assume USD maintain at RM4.00-4.10 level.

3.)net cash position should improve to RM22m(8.2cen) at the end of FY 2016(after considering settlement of hedging losses),and RM52m(19.25cen) at the end of FY 2017(assuming 60% of EBITDA convert into cash,and without major investment activity.).so,dividend is highly possible at the end of FY2016.

if you are trying to bet on turnaround story.notion is a good choice.

notion v-tec probably,EBITDA only 2x of market cap.

usd appreciate again recently,and the timing was fantastic to notion,since their hedging was only RM33m left,compared with more than RM200m last year,if stronger usd theme re-emerge, notion should able to join the rally this time.

market are currently marked notion as HDD supplier,this had drag notion valuation down,but in fact,i notice the company aldy turn their focus to automotive market,which is much bigger and having good growth potential,the emerged business was doing very well,continue to grow at double digit.

in 2q,revenue from HDD parts business was RM26.2m VS automotive/industrial business of RM19.4m,camera parts business contribute another RM11m.

so,based on current trend, contribution from automotive business should surpassing HDD segment very soon,which i predict will be occur within one year,since new order from new customer will start to contribute from 2nd half FY2016 onward.

when revenue from automotive business surpassing HDD business,and eventually contribute more than 50% of group revenue,notion should be re-rated.i am patiently waiting.

don forget,notion was not HDD manufacturer but a high-precision metal parts supplier,their product can be used in various industry.opportunity for more and diverse orders always there.