Electric surcharge still apply to business sector. Residential is exempted with new ~RM1B subsidy until end of this year.

sorry, wrong forum to comment

got, but is time to change than is time to change

tianjin, wow....it is rare, a Top 30 company share holder come to i3 forum to show face.

There quite a lot Elfsoft doom sayers from HYC forum and judging from thier posts, they like volatility instead stable growth. Having say that, is Elfsoft 2017 first half produced fantastic result? No, is not, but it is one small cap that enjoying growth with very good dividend payout!

I'll continue hold Elfsoft base on q report. Top up? Probably not. I've been "average up" for pass 1.5 year.

tianjin, thanks for sharing.

David, thanks for the details analysis.

Holding Elfsoft for 2.5 years due to it dividend policy. I glad I average down last year Q3 and continue average up this year Q1. From my experience, this counter need to operate like fund manager, decide to hold or sell base on quarter report.

Scenario question: What happen to PetronM refining business if HRC refining factory go down for Euro 4M upgrade? More business or no change?

This is glass half full or half empty situation, take your pick. I know 2017 Q1 profit is the highest compare to previous years Q1. I'm going to add more if price below 2.5.

hahaha....need to trust Tony when he said something "BIG" is coming!

No positive surprise from business growth, I think the only news driving today share price is collaboration with AirAsia.

https://m.facebook.com/story.php?story_fbid=10155404843048086

I want to see their management expense, it is one of the major factors that deterred the share price. Of course top 2 substantial holders sell down end of last year didn't help either.

expansion always a good thing, if not how to growth? It is how market perceived the funding needed by the expansion. I saw one sifu do put down the scenarios on the expansion funding, but ultimately, it is up to the management to decide how to proceed, we can just wait for the news to come out.

if Bandar Malaysia is in, cannot sleep at night...

OPEC 26th May meeting expect to extend oil cut, this probably going to support oil price. Isn't higher oil price will affect PetronM crack spread negatively?

No doubt business will be growing, but wouldn't add more until quarter result out, if management fees percentage still higher than profit percentage, than it is time to switch counter.

EIA report showed big draw on crude and gasoline.
http://oilprice.com/Energy/Energy-General/Bullish-EIA-Inventory-Data-Boosts-Crude-Prices.html

I find myself benefit greatly from this article, it open my eye!!! Thanks Rick.