wallstreetrookieNEW

wallstreetrookieNEW | Joined since 2022-11-27

Investing Experience Not Disclosed
Risk Profile High

Mid-term trader (3-6 months) | Absolute Returns | Long-Short + Quant + Event-Driven Arbitrage

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User Comments
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2022-12-27 15:41 | Report Abuse

This company is worth 2x NTA

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2022-12-27 15:37 | Report Abuse

So many sour grapes and liars here. I know y'all bought already

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2022-12-27 09:42 | Report Abuse

If management cashed out already, still hold?

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2022-12-27 09:30 | Report Abuse

These sour grapes missed out the chance to buy MyNews at the bottom. The company will return to previous highs in one or two years

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2022-12-27 09:28 | Report Abuse

Vincent Tan all in

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2022-12-24 16:11 | Report Abuse

Samarang controls 6% of Coastal. We are all just a small fish compared to him

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2022-12-23 10:48 | Report Abuse

We say sell, he will buy. This fund manager is the same who controlled Alliance Bank Bhd

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2022-12-23 10:47 | Report Abuse

Samarang fund manager

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2022-12-23 10:24 | Report Abuse

Sell some for Christmas dinner

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2022-12-22 16:57 | Report Abuse

Merry Christmas. Ho ho ho

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2022-12-22 16:19 | Report Abuse

Warning here

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2022-12-22 16:19 | Report Abuse

Do not buy GHL System and Revenue. Both of them have huge internal issues

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2022-12-22 16:17 | Report Abuse

MyNews remains the best turnaround opportunity on the market. A lot of institutional interest in this company. PMs will try to shake retail out. MyNews is still trading 10% below intrinsic value

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2022-12-22 16:16 | Report Abuse

Do not get shaken out.

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2022-12-22 16:06 | Report Abuse

Retail investors all scared to buy haha. No one believes in Christmas rally. Let's go

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2022-12-22 15:43 | Report Abuse

Sold Optimax. Time to take profits and cash out

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2022-12-22 06:33 | Report Abuse

Most profitable energy companies in Malaysia consist of MNCs and state-controlled entities. Can't even invest in them.

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2022-12-22 06:33 | Report Abuse

I have deleted my comment accusing you of being an accountant. Apologies on my end. Anyways I will take your warning into account. Surely I hope you are wrong but I respect your analysis.

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2022-12-22 06:32 | Report Abuse

If you are a chemical engineer, then you will know that there is no good investment in energy companies in Malaysia. Hibiscus and Coastal are the only options Malaysian investors have. The rest are all garbage companies dependent on government handouts

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2022-12-21 14:51 | Report Abuse

Come on, Walter AW. Upgrade to RM1.20

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2022-12-21 14:51 | Report Abuse

CGS-CIMB will raise his bonus for next year. But he has to raise his price target

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2022-12-21 14:51 | Report Abuse

Walter AW will upgrade his price target. My man wants his bonus

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2022-12-21 10:23 | Report Abuse

Thanks Singor

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2022-12-21 09:29 | Report Abuse

Let's go Citaglobal

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2022-12-21 09:27 | Report Abuse

You are just fighting against prop traders at this time. The perfect moment to buy Kotra Industries was 1 year ago December 2021

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2022-12-21 09:26 | Report Abuse

Quality pharma stock but buying now is too late

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2022-12-19 15:29 | Report Abuse

SSlee = "Short-seller Lee"

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2022-12-19 15:29 | Report Abuse

Hold tight, sslee and his army will try to spread bad news and short this company. Don't give up

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2022-12-19 15:27 | Report Abuse

Walter AW
It is time to upgrade your price target. Support

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2022-12-19 15:25 | Report Abuse

Key Catalysts for Traders and Investors:
1. US Supreme Court decision Roe v Wade to spur an uptick in condom usage (NA and EMEA region)
2. Recent fall of freight rates as well as raw material costs such as rubber and silicone oil (been a major concern due to supply chain issues since Q2 FY20). This will greatly reduce distribution expenses, manufacturing costs. Likely to contribute towards at least ~8% of their net profits in FY23
3. Consolidation of major industry players such as Reckitt Benkinser and more to contribute towards market share growth for Karex
4. High management confidence as reflected in previous briefing and earning calls. The chairman is very confident about the company outlook moving forward. Utilization rate has already improved signficantly
5. The company is actively putting CAPEX into improving production capacity for other alternative products apart from its core product. (The Edge: The planned RM40 million glove manufacturing facility was announced in August 2020, during the height of the Covid-19 pandemic. The factory is located in Hatyai, Thailand, with a planned capacity of up to 2.5 billion pieces annually.)
6. No need to raise equity or share issuance to pay debt. Cash position looks good and balance sheet remains healthy despite heavy investments.
7. Strong macroeconomic support. The healthcare sector is generally resistant against any form of economic downturn.

This will be another high conviction play like Kawan Food. No short-term trade for me, at least 6 month hold

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2022-12-19 15:22 | Report Abuse

Walter Aw, RM0.90 okay? Go go go

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2022-12-19 15:22 | Report Abuse

Walter Aw is about to upgrade his price target. Haha just wait

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2022-12-19 14:45 | Report Abuse

@sungailimau are you buying?

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2022-12-19 10:22 | Report Abuse

Unusual buying volume: Ewint

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2022-12-19 10:15 | Report Abuse

Buy and YOLO RM0.40 cent

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2022-12-19 10:14 | Report Abuse

Continue to add on Kawan Food. Fundamental remains the same, company has exceptional product mix and frozen food business is extremely resilient

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2022-12-19 10:12 | Report Abuse

I would add more Karex shares if it dips below RM0.70. Add on weakness

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2022-12-19 10:12 | Report Abuse

This stock is definitely not done. Insiders have not cashed out. Long term winner

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2022-12-19 10:11 | Report Abuse

RM0.38 to RM0.43 is a good price range to add

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2022-12-19 10:11 | Report Abuse

Do not lose hope. Continue to add on weakness. Insiders want YOU to sell so do not donate your shares cheap to them. Keep holding and don't pay attention to short-term price action.