Jump in profit breaks 52weeks high ....or 3 to 4 years high

900% jump in profit leh

Look at how XOX is gorenged..then u might see plenty of chance for Genetec

Thanks Charlie82..

At EPS of 5 sen...at PE of 10X ( XOX is 80X ) then..the fair price is 50sen ..big room to turn into a bigger fish ..

Well done Bruce ..congratulations

Ya thanks Daz...hope he could update us more on Genetec

The special reinvestment allowance, to replace the reinvestment allowance incentive which has expired, will be implemented at a rate of 60% of the qualifying capital expenditure and is allowed to be offset against 70% of statutory income from year of assessment 2016 to 2018.

http://www.theedgemarkets.com/my/article/minimum-wage-hike-have-minimal-impact-glove-makers

old story but worth to take a re look

http://www.thestar.com.my/Business/Business-News/2015/05/21/JCY-to-benefit-from-Seagate-expansion-in-Penang/?style=biz

The New Budget has more or less works in favour of automation ind in 2 ways ..one is the jump in labour costs of 11% and the other is the better incentive for Capex aka re-investments ...with these 2.. more ind are likely to go for automation...so guys... just hold on to Genetec for a better return

And for those claiming HDD is dying since Year 2006....Don't u think they also tipu us for at least 10 years ( since Year 2006 ) .....right ?

So smart people like TTB could hold 300M in cash since Year 2011 by not investing ...while the less smart people like us keep on making the money.......that is the different..

@Cipapo..this is not the first thing we have been hearing stories about hdd vs ssd...I started to hear about it since Year 2006 when a lot of people talking about the dying of HDD......and now about 10 years later....people like u still predicting .the same ..I think it is the same way as our Investment Guru aka TTB of Icap has predicting the stock market would crash since Year 2011......now Year 2016 is just around the corner.....and many investors could have made money since Year 2011 while TTB is keeping Cash ( a lot of them ) .....It boils down to judgments , and I am not saying u or TTB is wrong..and u can carry forward your story to next many years to come...because no technology stands still and lasts forever ...so u are bound to get it right perhaps 10 years later..just the same way TTB is predicting a stock market crash year in year out......your choice ..

Well..it happened to me in Frontken just about a month ago ..many " forumers " tried their best to ask investors to offload Frontken at 16sen and below..and they succeed ..with a purpose. ..it dropped below 16sen .. For me .. I took a contrarian stand and bought Frontken at 16sen quietly.. So u too can train your minds to do a better job ..and enjoying a better return ....

We are in the Era of massive collections of data worldwide previous only carried by Google but now many too are doing that especially in China .

Anyway U must be Smart enough to say ZDNET is talking cock....@Cipapo

Enterprise storage

The most successful enterprise storage strategy will continue to be one that uses both flash and hard disk: over the next five years, hard disks won't begin to approach flash performance, and flash won't begin to approach the capacity needed to store traditional enterprise data, let alone the huge increases predicted when the Internet of Things (IoT) starts to store information from the billions of connected devices we're promised

http://www.zdnet.com/article/the-future-of-storage-2015-and-beyond/

The actual competitor of 0104 is Hard Human Labour..and not SSD......do not tell me SSD sector require all human labour only and without any automation needed...

Min wages are up 11%..from new budget.. May benefit 0104 in areas where generally more automations are needed..

Well I bought Frontken when it fell to 16sen ........that time most of the investors were losing confidence .. ..now at higher prices more people join in to buy.....the same could happen to Genetec later

I say " find your own recipe of investment success.. be it FA or TA..." .so I do not claim to be Smart but just giving a fair statement to others to look for their own success stories

Give it ( 0104 ) 3 months to perform ..then see who is the conman here

I do not claim myself to be Smart like the conman Smartie haha

Koon Yew Yin has his own recipe for example http://klse.i3investor.com/blogs/koonyewyinblog/84750.jsp

I mean find your own recipe of investment success.. be it FA or TA....

Margin of safety is there

I am using FA..fair price should be 40sen to 50sen on future expected earnings of eps 5sen....dirt cheap if 5sen is achievable

top up at 18 to 18.5sen

top up

Noted with thanks, Ivan

@wakaka88...If u knew very well that 0128 could move from 15sen to 23sen ,,u should sailang on it and making a fortune now ...why the need to predict when is the next time the world is going to end ? This is one big area ..I think most people including many forumers like u trying hard to special in ........haha...

Good sharing is actually caring....hope u like it

Ya I do actually like Cash rich companies but we need to be flexible in order to emerge as winners of investing..and there is a big difference between the term Good Debts and Bad Debts..Bad Debts are like u are burning away money borrowed ( MAS and AAX ) and hence u see a big hole aka loss in the accounts.. Good Debts mean u need to borrow coz u have good contracts in hand..and u need more working capital..that is acceptable in a business world...Anyway the bulk of borrowings are short term trade bills and backed by higher collectible Receivable..... is not alarming

Anyway. Thank Daz Ng for the informative write ups......nice

Ya..bought some this week..should be a good turnaround stock that may give us plenty of surprise..Anyway..contracts in hand are kinda inspiring ..and with future expected EPS of 5 sen.a year .plenty of room to move forwards..

Ok..let Frontken declares 1sen Dividend..then it becomes the talks of the kampungs ..

A little-known stock listed in London has become a trade of choice for investors looking to profit from the technological megatrend known as the Internet of Things.

Telit Communications Plc, which sells hardware that lets everything from vending machines to rental cars transmit data wirelessly, has surged almost six-fold since the end of 2012.
- See more at: http://www.themalaymailonline.com/money/article/internet-of-things-stock-youve-never-heard-of-just-rose-500pc#sthash.QcWgeLYo.dpuf

Do not forget Frontken is part of Internet of Things...the next technological mega trend..One stock in Europe jumped 500% ...coz of its involvements in Internet of Things....

the technological mega trend known as the Internet of Things.

Internet of Things? Stock you’ve never heard of just rose 500pc..

OIl N Gas.......U may not see what I see........and I guess u never read the Edge also

Proposed disposal of 8,451,312 ordinary shares of HKD1.00 each from Ares Green International Corporation and 2,452,493 ordinary shares of HKD1.00 each from Frontken Corporation Berhad in Frontken MIC Co. Limited (FMIC) representing 60% of the issued and paid-up share capital of FMIC for a cash consideration of USD90,000 (the Proposed Disposal)

BTW currently Ares Green earns 36 sen eps....and next models of Iphone should hit the market by Sept 2015

I view the sale of loss making co in China ? as good for the future...more so the capital is used for Ares Green expansion as they need about 30M for further expansion as highlighted by someone here before . I do hope Frontken can own 100% of Ares after delisting ......So I foresee it could hit 80M Gross Profit annually in the not so distant future..then u would say buying at 20sen is dirt cheap..........

I sapu some at 19sen...talk only to buy at 19sen but no buy also useless ......

Quote from kcchongnz

One very important principle of value investing you have learned is “price is not value”. If Mr. Market offers to buy your business which is worth RM1m for RM500k, would you sell to him when others are willingly selling him at that price? It's dangerous to react irrationally to the whims of Mr. Market. While investing for the long-term benefits from compound growth, short-term reactions are cursed by emotions and randomness and will not help you to achieve long-term goals.

It is actually privatizing Ares Green, right ? ...which mean the share of its profit could jump from the original of 60% to about 100% depending on whether the minority wanted to sell to them or not.

According to new data from Juniper Research, the Internet of Things (IoT) may well still be in a nascent stage as far as consumers are concerned, but businesses are already embracing its possibilities. So much so that it is expected to grow by some 285% over the next five years.

The Internet of things to total 38 billion devices by 2020
July 30, 2015

At the moment, the businesses that recognize the biggest potential benefit in greater connectivity are in the travel, transportation and hospitality, and banking and financial services sectors.