https://www.thestar.com.my/business/business-news/2018/05/18/cimb-research-upgrades-mpi-to-add-retains-rm10pt80-target-price/

I don't think the stock price will plunge. MPI and Kesm are automotive semiconductor stocks.MPI has been bullish recently due to a bright outlook.

I don't think the stock price will plunge. MPI and Kesm are automotive semiconductor stocks.MPI has been bullish recently due to a bright outlook.

It depends on how good its outlook is. If it is good in the second half of the year, the stock price does not necessarily plunge. CIMB has already indicated wafer supply would be improved in the second half of the year

It was oversold due to US tariffs on steel, then it plunged again due to cancellation of government projects. But the company may not be impacted by them much.

Gamuda upgraded to outperform at Credit Suisse | http://www.klsescreener.com/v2/news/view/385909

Gamuda upgraded to outperform at Credit Suisse | http://www.klsescreener.com/v2/news/view/385909

Anzo and Asia Bio has a common director.

China, Hong Kong stocks rally on forecast beating data | http://www.klsescreener.com/v2/news/view/386053

It is likely to drop to 0.05 gradually.

Anzo family, better to avoid it

Government projects are extra. The company has been doing well without them.

ECRL penalty poser, Govt may have to pay fine | http://www.klsescreener.com/v2/news/view/385829

JB-S'pore MRT line to proceed but subject to T&C and costs review | http://www.klsescreener.com/v2/news/view/385645

The company did not count on any projects lead by the government, right? The company can sustain its current level of earnings even without them.

The latest QR is not bad. Just look at its revenue.

Be careful. Their net profit includes increase in other penny stock prices. Financial End net profit means nothing.

http://www.theedgemarkets.com/article/any-drop-stock-market-presents-buying-opportunities-pnb-wahid-says

http://www.theedgemarkets.com/article/any-drop-stock-market-presents-buying-opportunities-pnb-wahid-says

US to continue trade actions against China - White House | http://www.klsescreener.com/v2/news/view/385165

https://steelguru.com/steel/malaysia-alliance-steel-being-investigated-for-allegedly-stealing-water/510097

Just distinguish between construction and steel stocks. Construction stocks may be underweight, but steel stocks cannot be underweight as their prices has been already very low.

...

Just distinguish between construction and steel stocks. Construction stocks may be underweight, but steel stocks cannot be underweight as their prices has been already very low.

Robust demand for goods in China | http://www.klsescreener.com/v2/news/view/384889

安裕资源
需求前景未明 | http://www.klsescreener.com/v2/news/view/384873

TP 3.15

安裕资源
需求前景未明 | http://www.klsescreener.com/v2/news/view/384873

According to the latesrt annual report,
historically, the Company’s export sales, mainly
to Australia and Indonesia, constitutes less than 13% of the Company’s total sales.

----
I think the company can increase export sales in the future.

If MALAYSIA STEEL WORKS does not export its products at all, it did not need to drop much after Trump imposed Tariffs on steel.

The average net profit margin in FY2017 is 5.045%, Net profot margin in 1Q2018 is 4.08%.

Don't mislead investors here.

Its revenue also increased QoQ.
Selling prices increased QoQ.
The volume they sold increased QoQ.

->Their business has expanded QoQ.

The current price is on the level the stock hit in September 2017.


25-May-2018 31-Mar-2018 434,802 (revenue) 17,722 (net profit)
24-Aug-2017 30-Jun-2017 290,764 (revenue) 10,589 (net profit)

It's ok to come up with a new idea and analyze it, but if it does not explain the whole picture well, it is likely that it was analyzed incorrectly

What will happen if foreign exchange gain decreases in the future? Export values will increase instead, so that will be offset by higher export values.

Foreign exchange gain was recognized when ringgit got stronger. but export was impacted by stronger ringgit, so foreign exchange gain was offset anyaway. Actually, there is no problem with high foreign exchange gain.

4Q2017
Unrealised foreign exchange gain -426
(12,349) Realised foreign exchange gain +5,103
-------------
Net gain 4677

1Q2018
Unrealised foreign exchange gain 1,960
Realised foreign exchange 5,190
------------
Net gain 7150

They wrote that the increase in revenue and profit
in current quarter were mainly attributed to higher selling price and higher volume.

How can the core result be deterioting?? The core result is impacted mainly by higher selling prices, higher volume and foreign exchange rates.

If you pick up a small fraction, analyse it and find something against the whole picture, that mean your analytical skills are poor.

The company informed us that profit in current quarter were mainly attributed to higher selling price and higher volume. It expalins 70% of their expanding business. You can check details of their QR, but don't fail to see the whole picture.

They may be the same person misleading investors.

The current price is on the level the stock hit in September 2017.


25-May-2018 31-Mar-2018 434,802 (revenue) 17,722 (net profit)
24-Aug-2017 30-Jun-2017 290,764 (revenue) 10,589 (net profit)

You are not smart enough to see the big picture.

Nobody will support your arguments except for your imposters.

stock_investor,

Their profibitability is determined mainly by the volume they sell, their selling price and foreign exchange rates.

They wrote the current quarter were mainly attributed to higher selling prices and higher volume.
That means their business has been expanding.

You just saw a small fraction, You did not see the big picture.


.The Group reported a profit before tax of RM19.97 million on the revenue of RM434.80 million
for the current quarter compared to a profit before tax of RM17.68 million on the revenue of
RM348.72 million for the previous year corresponding quarter. The increase in revenue and profit
in current quarter were mainly attributed to higher selling price and higher volume due to
strengthening of local steel price and stronger domestic demand. The forex gain in the current
quarter has also contributed to the higher profit before tax.

Remisier = stock_investor haha

stock_investor wrote something about ssteel in one of only his two posts. Remisier has ssteel shares.

Boeing Continues as Top Performing Dow Stock
https://247wallst.com/investing/2018/05/26/boeing-continues-as-top-performing-dow-stock/

White House to send team to Singapore to prepare in case Trump-Kim Jong Un summit takes place
https://abcnews.go.com/International/white-house-send-team-singapore-prepare-case-trump/story?id=55456142

Lavanya Residences: Freehold Holidays Homes For As Low As RM623K
https://www.propertyguru.com.my/property-news/2018/5/172058/lavanya-residences-freehold-holidays-homes-for-as-low-as-rm623k

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The Commerce Department told members of Congress that the Trump administration reached a deal to lift sanctions on Chinese phone maker ZTE.
President Donald Trump also announced the easing of sanctions on Twitter later Friday.
In exchange for easing the sanctions, ZTE will be forced to "pay a bigger fine, have to hire American compliance officers, and they have to get rid of the current ZTE management team," according to a source familiar with the arrangement.
http://www.businessinsider.com/trump-administration-deal-with-china-on-zte-sanctions-2018-5

Contrary to what someone here told about, their business has been expanding.

Its revenue increased from 348,723K to 434,802K YoY.Its revenue increased from 422,325K to 434,802QoQ. Not bad at all.

The PHLX Semiconductor index was up 0.88% on Friday. Semiconductor rally is coming.

It's meaningless just to see how good a quarter report is.If the stock price has been already high, it will not go up no matter how good the QR is. In contrast, if the stock price has been already low, it will go up no matter how bad the QR is.