Record high Foxconn Q3 revenue suggests strong sales of iPhone XS/Max
https://9to5mac.com/2018/10/11/q3/

WSJ:Trump and Xi Plan to Meet Amid Trade Tension . https://www.wsj.com/articles/trump-and-xi-plan-to-meet-amid-trade-tension-1539266715

UOBKH:Our top pick is Inari. We like Inari for its growing business with OSRAM, enhanced margin due to operations consolidating efforts and 5G network commercialisation which backs RF demand over the medium term.

UOBKH : Our recent visit to Penang and industry channel checks suggest that the local E&E sector is vibrant, with both MNCs and homegrown companies expanding capacity and the engineering sector hiring more. In addition, MNCs’ interest in expanding their manufacturing footprint in Malaysia has been rising lately, possibly on the back of revamping their supply chains in Asia in view of escalating tensions from the US-China trade war. Maintain OVERWEIGHT on the sector. Top pick: Inari.

first dual sim Iphone for China market.
https://www.gsmarena.com/heres_how_dual_sim_works_on_the_iphone_xs_and_xs_max-news-33237.php

$2.50 is too low

Press down and collect at low price, always the case.

PIE's business is for international markets, it's free from Malaysia internal issue. Market is expecting orders to improve on the 2nd half of 2018; plus the strengthening of USD vs RM is positive to PIE. It's parent company, Pan-Global International, which is controlled by Foxconn and listed on Taiwan Stock Exchange is on the persistent uptrend. You have the option to either cut loss or average down your investment in PIE, the decision is yours.

normal, that's the way of the game. no one is suppose to make you rich.

yes, very strong buy. they know something we don't!

Directors can only exercise the ESS Share Awards now, they can't exercise the ESS Share Options till 2019.Hmm, interesting....

KS5S, your insider news could be real! Directors exercised ESS Share Awards. Getting even more exciting.

Controlling stakeholders not likely to sell below RM2. Still lots of rooms for growth.

hmm, very interesting....

There are many reasons why controlling stakeholders sell shares, but there is only one reason they buy.

A chef that eat his own cookings, isn’t that one of the Buffett criteria’s?

congratulations!

congrats riko, lets celebrate!

damn right!

wow! very impressive!! hopefully you are right!

riko, 1.28 next week is ok too! Ha ha, ha ha ha!

Market timing only make sense if you can achieve consistent results on a sustainable basis, meaning you must be right at least 70% of the time. Otherwise, not very meaningful for the long term.

Mislead people is a ‘sin’, bad bad bad!

Ha ha truely international, crowded and busy. Hope everyone make profit, be optimistic, happy and satisfy.

It’s very busy and crowded here, many people are very interested in Comfort. Lots of attention!

https://www.thestar.com.my/business/business-news/2017/12/04/glove-makers-to-raise-price-expect-record-revenue-of-rm16pt2b/

wonderful!

not to be too concern about the exchange rate as the US dollar has not only weakened against the ringgit but currencies of other glove manufacturing nations such as Thailand, Indonesia and China and demand is unlikely to shift to these countries.

ha ha, no need to wait for TopGlove, Comfort will achieve RM1 B market cap within 18 months.

previous announcement on 17th Oct said the 1 billion acquisition will be made known in a month. It is 17th Nov today, must give progressive updates if there is any delay, keeping quiet would not help.

well, that's investors' expectation and TG's KPI to achieve the promised growth, that also explain why the stock price is lagging others.

where is the 1 billion announcement?

12 months trailing PER of glove makers:--
Harta: 40
Kossan: 30
TopGlove: 26
Comfort: 16

Recent sell down with low volume in Comfort is not justifiable, but rather artificial. When time is up, even the best of price manipulators will have to let it FLY.

ha ha, this is the rhythm of accumulation, grab the opportunity to buy low.

Sit tight, engine is just warning up, more to come.

Aspion's adjusted CAGR from 2011 till 2016 is only less than 5% for both revenue and NP, NOT a high growth company.

TG's acquisition of A1glove is old news, total cost of 2 factories only RM39 million.
https://www.thestar.com.my/business/business-news/2017/05/19/top-glove-unit-to-buy-two-factories-for-rm60pt7mil/

Aspion or Terang Nusa is located in Kota Bahru, Kelantan, not Kulim. 1 B for a private company of that size? the buyer seems too generous, make sense?

Hi riko, how to find out when is the qr result out? kindly share the link. thanks

Investing is where you find a few great companies and then sit on your ass. - Munger

As for Lau, they have their huge family business to take care of, Leong Hup is a billions ringgit company, will keep him busy.

Will911, to answer your question why Cheang wants to sell the company, his son is American, NOT Malaysian, will a young American wants to live and stay in Malaysia for long term? he worked for a US management consultant previously. FYI, Management Consultants are expert in M&A activities.

Both Cheang and Lau are brilliant businessmen, they won't sell a company without any premium. With Comfort's current growth rate, it will double its sale in about 3 years or less. So a billion valuation is not too far fetch. TG has a tall order to achieve 30% market share by 2020, they still have 2 more years to do that.

Supermax's down fall was due to buying the wrong company APLI, as Stanley used to say...the previous owner was looking for sucker to sell the company.

There are private glove company worth a billion or more, but many are owners cash cow, not likely to go for sale, like YTY and Semperic, they are actually in cap expansion mode. Others are not well managed, like WRP, TG boss is a super smart guy, not likely to buy. The likely candidate is Comfort.

very simple, they just want to pay less, it is very normal.

Comfort glove's value does NOT lies on the rumors acquisition. Comfort Glove is a compounding machine with 3 years CAGR of more than 30% on both top line and bottom line.

YTY is worth way above RM1.5 Billion, it is controlled by India billionaire. WRP's previous IPO filing was rejected by Bursa. So both are not likely.

Pay RM1Billion for a privately held company making revenue RM227 million with losses RM27 million? come on, make sense or not?

The Edge " For the financial year ended Oct 31, 2016 (FY16), Terang Nusa reported a net loss of RM27 million, compared to a net profit of RM4.81 million in FY15. Revenue fell 3.5% to RM227.64 million."