6847xxxxx.....u got follow uncle or not. 1Q profit reduce ....he straight chop le. Not i say 1 oh....he say 1.

Speakup....no need to shout so loud or work so hard. All you need is just invite godfather here. Godfather will help u to do all the work.

Ven, what's your exit plan?

If carimin no good, then uncle koon will cash out and come to dayang ma. Then good for dayang la. 2Q profit leh. Oil price now recovers.

Philips, thanks for sharing. Pchem does look interesting. Main revenue (70%) is from Olefins and Derivatives segment but in the last QR, it was reported as below. Maybe that the reason EPF disposing. Will be buying some after the release of the upcoming QR.

"The Group anticipates that the Olefins and Derivatives segment to soften in the coming quarter. This is in view of ample supply from the Middle East and North-East Asia whilst slowing down of demand following regional planned turnarounds" (pg.15)

Pchem does look interesting. Main revenue (70%) is from Olefins and Derivatives segment but in the last QR, it was reported as below. Maybe that the reason EPF disposing some. Will consider buying some after the release of the upcoming QR.

"The Group anticipates that the Olefins and Derivatives segment to soften in the coming quarter. This is in viewof ample supply from the Middle East and North-East Asia whilst slowing down of demand following regional planned turnarounds" (pg.15)

toffee, base on uncle golden formula, 1Q =6c. 4Q=24c. Give PE10. Therefore 2.40.

Panda, uncle koon will say his 1 curry mee already enuf to cover the siput kerang losses. Later he will write an article on why eating curry is good for health and he has recovered from his whiskey vomit incident.

rob...uncle sudah tua....sabar la.....
alot of things take longer time 1 ok.....

U shouting to buy is it?....say ma.......
Hop onto the train a'dy,,,,,,& top up once a while loh...hehe

Again, koon power dun play in 1c 2c .....if it goes up by 10c 20c like in carimin, then u can shout loud loud la......dun bikin malu 1st la

LOL speakup......that is an insult to Uncle loh. .if koon power, then it should be easily 1.20 la....not 1.02...not increase 1c 2 c......U think he is impotent like u meh....

i park 25K at rm1 also cannot get....mana ada 99c.
Every increase od USD 1 in brent, i topup 25K unit

Panda, dayang not directly related to oil uptrend. It is more related to uncle koon and petronas la. Anyone of them issue a statement & dayang will rocket. If uncle release article ah or petronas release new contract news......get your heart attack pill on standby.

i use uncle simple mathematic to calculate. If upcoming Eps is 5, then with PE 10 (same as he use for carimin), then buta buta also worth 1.20. The assuming all Q also 5c average.....annual eps is 20c & wa seh.......worth RM2 leh. Apa lagi tunggu oh.....

Lol....pang, u sure uncle coming here ah? Make sense also la. 2Q profit. PE less than 10 ma. Carimin oni 1Q, PE still negative. Also dayang 3x bigger than carimin. Here is a bigger pond to swim. Can push up to RM3.

just kiddin, not gving buy call or sell call here.

684780829......who ur daddy?....i mean sifu.....

fattycat...no need envy ma. Buy now and sell at 91c loh......

consecutive 2Q profit increase. This 1 should meet Mr. Koon investment criteria. Quickly advise mr.koom to sell carimin because shareholder is disposing and bring all the money to dayang.....lol....

Hu Hu Hu.......no more energy. U turn back home......

I think godfather will exit carimin because he say ma, profit is not a dirty word and also no share can go up straight line. Up 300% a'dy. Apa mau lagi. He will cash out and go buy other counter loh. So who is next inline? Dayang? Hibiscus? .......

Plane.....so fast aeroplane ah? You dun wan accompany godfather until the finish line? You no good loh. Half way jump ship. Got leave a parachute for godfather or not?

Plane,,,,,godfather will tell you owner selling maybe need to buy a car or a bungalow for mistress ma. End of the month will know whether is carimin swimming naked or not loh.

BIMB already inching upward at a tortoise pace but this affin is still swinging back and forth ........really bang balls...

Oooo...92% export market? Can share which top 5 export destination?

what about the cost of transporting the goods back to Malaysia? Any import tax? Also does condensed milk subject to sugar tax?

its operation recorded negative cashflow for last 2Q. Heavey expansion on plant and property. Furthermore, draw down money to pay dividend and finance purchase of PPE? Interesting

Lanesra, you are correct. I'm still putting my money in FD. I foresee it wun be long la....hehe.
Can see TG pattern, i think our fund is supporting loh. Cannot let index drop down too much ma but at the same time you can see epf has been reducing. It seems like when market sentiment good, they reduce alot but when index is bad, they merely support it to their targeted index.

shinnzaii....good on surface only. No much hard number. So if someone can share the impact in terms of dollar and cent....that is superb

ray is right as well. Furthermore, it Trump trade war with China able to come to an agreement, US can buy from China as well especially if the gloves manufacture here get more expensive due to the above factor. I'm making the assumption that China glove will be cheaper but i do not know what is the quantum.

ckh....it is affecting the bottomline and bottomline determine the valuation. anyway, just sharing. No intention to bad mouth the stk. This is a good company and everyone knows it. But it is good value now? Anyway, good to buy and keep la......i think i wait for next QR and see 1st.

Shinzaii.....u r right. My kaki just informed me that 1 miss out 1 more factor. The electricity. The ICPT charges will increase from 1.35c/kwh to 2.55c/kwh starting 1st march 2019. I'm not sure what is the electricity usage for total TG plant and therefore not sure how much it effect the margin. So the updated factor will be

1. Gas Hike
2. MYR strengthening
3. minimum wages increase
4. rubber price is forecast to increase as well but minimum rate
5. oversupply or gloves
6. increase in water tariff
7. ICPT increase from 1.35sen to 2.55sen / KWH
8. Aspion's impairment (AGM say wun put in it is still a factor to consider)

Ada lagi ah????

epicvestor...thanks for sharing your blog. Same thought on the cashflow and that is why I think Topglove still have some room for adjustment. I dun find it attractive but then again, market is dynamic. If i dun buy, others will.

PBlue.....agree with your point. No doubt is a good company but valuation wise to me is abit high. Well, that is my opinion only and some might say it is dirt cheap now.

Shinzaii...are you referring to the impairment? I think the recent AGM clarified that won't put aspion over purchase in impairment.

The upcoming QR won't capture all the above factor but i think the QR that will announce in june will reflect all the bad news....i guesd

Uncle bought warrant only. That why mother share no oomph.

Shinzaii.....got somemore????? Apa lagi....

if gas alone, then maybe the effect is not much. Just trying to understand with mixed of below concoction, it can be damaging. Will it still be minimum?

1. Gas Hike
2. MYR strengthening
3. minimum wages increase
4. rubber price is forecast to increase as well but minimum rate
5. oversupply or gloves
6. increase in water tariff

Of course, the price can be passed down but will it be competitive?

With the ringgit strengthening, revision of water tariff and also the potential of gas tariff because the last revision is till 31st Dec 2018, I wonder how much will it impact of affect topglove or glove counter

I thought subscribe right issue, u get free warrant?.....no meh?
I not yet get stuck here....should i jump into the mud pool with u all ah??? hmmmm.....

Contrarian, thanks for the reply. I find bimb is more attractive in terms of earning but of course in terms of valuation (Nta), affin is better.

Currency might drop 5% but the loss due to forex loss will be higher compare against the revenue.

Contrarian, between affin n bimb, which 1 do u prefer?

Dr.M say rigging should trade a 3.80 to 1 usd le......he say many times our ringgit are undervalued.

the drop after the bonus is only 15%, how to faint??? wait till it drops 30% la........below 4 only faint also not too late

Alex,,,,,drop back to???

Anything above 4 is considered overvalued. I think they will record 1-time big forex loss next quarter.

mayb buy at 1x.xx???

tech stk mostly net cash.....glove stk net debt....

PHconman.....what is tech stock PE? u check 1st la.....below 20?
Topglove at 30........if 1 company u invest 1 million and 20 yrs later only regain capital vs the company take 30 yrs....which 1 u choose to invest oh.