Fair value max 0.16 @ P/E 12x & P/B 1.2x inline with peers in furniture sector. Current price of 0.355 is excessive. INITIATE STRONG SELL

If u wanna know d future of CCK, look no further than LAYHONG

As long as they are more contribution to the EPF every year (through increase in working population & wages), don't ever worry about how EPF can pay your 5-6% dividend. Heard of Ponzi scheme?? It works the same way just that this one is controlled & guaranteed by the gov.

I am curious how can EPF every year pay 5% divided , EPF 80% holding stock already fall from the top to bottom 40%~80%。 EPF they liar public

I think the worst culprit to make u bankrupt is the target price from IB.

s3eve, s7eve - create so many double account to hide your mistake ??

Getting ready to go in at 0.38, 1st Phase of buying. Total 3 phase of purchase :-
Ph 1 @ 0.38
Ph 2 @ 0.32
Ph 3 @ 0.27 (sailang)

There should be a technical rebound soon. Sell on rebound.

U wanna make money fr tony s stock ka? Next life la.

All this is in the financial report. Profit margin had plunged from 38% in 2012 to a mere 6% now. It didn't happen overnite, every single year the profit margin has been sliding with revenue growth. So does its dividend.

Expected to test the previous low 0.655 soon

The boss would like to thanks long term holder for the support and have strong faith on the future of the company.

I already explained earlier, this company business model is a big flaw. The higher the revenue it gets, the lower its profit & profit margin. Nothing to do with Zahid, SKIN etc its just poor management.

shpg22 Revenue keep growing at fast pace but net profit keep plunging & FCF getting worst. Something is not right about the company business model or is this a sign of the boss milking the company? Fair price downgrade to 0.35 @ P/E 10x & P/B 1.0x.
11/10/2018 00:59

I already advise to sell first and buy in at 0.38

Daibochi is also another plastic company is overpriced. P/B > 3.0x compare to other peers trading at 1.X but mediocre result. Fair price around 0.85 only, but traded at above 2.00.

Haha...expected. After bonus dive until mom also cannot recognised.

Short re bounce. Better sell, now is a good chance before too late

Omg.....red again. God bless

The boss would like to thanks u all for your undivided support. Wish your family a happy and prosperous life.

The problem with SAMCHEM lies in its balance sheet. High leverage with poor liquidity.

Heil to pakatan & guan eng for allowing cheaper share price for the poor.

RUNNNNNNN....cigarrate price going to increase again. Downgrade fair price to 18.50

unclelimhuat - My view will never changes regardless of how they manipulate the price. Don't worry about the profit, I make mine in SCIENTEX, PERSTIM, LPI etc

Edwardong53
Stop hallucinating. Low P/E does not automatically equal to cheap/undervalue. Other criteria like dividend payout, leverage & liquidity will affect the P/E valuation.

Very high volume 4M. Heavy selling pressure despite early morning surge.

Post removed.Why?

Very high leverage & cyclical. Upside is limited.

The most I will give for this stock is 0.40. Those still wanna hold, good luck.

Heading towards its ultimate fair price of 0.38.
Sell now, buy back at 0.38.

Titikaya, Titijaya both sounds like abang adik kompeni only.
Left to right pocket izzit??

Good ma...discounted stock price..can buy cheaper.
Why pay more ??

TQ LGE for let us buy GENM at discounted price. Heil to Pakatan & guan eng

Untunglah cucu cicit got such a forward looking atok

Downgrade ARMADA to 0.38. Too many uncertainties.

Post removed.Why?

Sorry if I may ask mind sharing how many lots you all holding this counter, put your life saving into this counter? Got my office mate invested RM100 k on one single stock 5 years ago now 85% paper loss.

If you buy stock (especially mid & small cap) based on tips & IB target price, you only have 10% chances of making money. The odds is worst than gambling which have around 40-48% chances. I suggest just gamble away you money in casino better, more satisfying.

curse own self ??

It seems like the management is more interested in manipulating the stock price than concentrating on managing the company and expanding the business with the available fund. The current price is too expensive to have a buyback, should have use the fund to improve the business; not keep reporting losses.

Posted by Jebard > Oct 12, 2018 04:45 PM | Report Abuse

Most stupid people sell at 0.5..haha

Please be careful because your words may come back to haunt u.

With rising interest rate, company that is heavily indebted will suffer. In the last quarter result, interest expenses has shoot up from 35.7M to 61.9M and this is expected to grow further.

Depends on how long, 10 year no problem.

The boss would like to thanks loyal shareholder for staying on and have full trust on the management.

Follow IB target price guaranteed to lose money. They are here whacked u, not help u.

iqbal1997
one who told to run u all got no chill srsly. go make some research and see how strong leesk fundamentals. dont be so afraid if the price drop it will go up again

Research shown that its the most expensive furniture related stock by far with P/E 18.4x & P/B 3.2x. Better value with LIIHEN at P/E 9.0x & P/B 1.7x, one of the best performing furniture stock at half the price. Hopes the figure awakes u before too late.s

My sincere advise...sell all poultry stock. The perfect storm has hit.

Initiate BUY at fair price of 1.25. Strong niche plastic manufacturer with high profit margin.

Hi s7eve I m a bit confuse here. After they close down their money bleeding subsidiary did they go sell chicken rice or still stick with steel ??
The market is expecting steel industry to bleed soon as part of its cyclical nature, that is why low P/E is irrelevant.

Getting more project (revenue) will mean lower profit margin for this company. So better don't get project.

All naik kereta d.

Ini kali peccah liau

Run...interest rate keep rising. Armada with tonnes of debt, profit all go to pay more interest