brought 1.95 last friday sold 2.12 this morning ... earned KFC ...

Now try to q at 2.05 ....

Result out liao ...... revenue 360 m profit 30 m ....

Monday gap up .....

Just write some comment:

1) Last qtr tax rate bit high may due to certain marketing and capital expenditure disallowed for tax deduction, this month the tax rate will be reduced and due to contact lens starting operation, certain expenditure started for tax deduction

2) This qtr results for contact lens will be better than last qtr since full 3 months sales whereby last qtr sales may only started in May, like Malaysia segment

3) Glove results also doing good due to lower cost of latex and better selling price and production capacity also improved.

4) Dividend and maybe bonus issues of treasury shares

5) Recent company buy back shares will indicate better results ahead ....

Buy now .....

brought mother shares .... support ..... got dividend ..... TP: 2.20-2.30

Results should be very good .....

Lim is also proposing to the board of directors of IWH, which owns a 38% stake in IWCity, not to accept the offer from Ekovest.

Normally majority approval is how many percentage ?

If ended up is also no merger between Ekovest and IWC, then there is only roller coaster for IWC and Ekovest share price. This will benefit those big kaki but locked up those small fishes. Those very big kaki already earned big rounds at IWC but might ended no restructuring of assets within the group.

Not sure whether those valuable assets are within IWH and only those reclaimed land within IWC.

Anyway, something fishy.

during 1st wave I said 0.225 and below is good to collect, after 0.225 is chasing high; now for this wave I will said below 0.38-0.39 still a good buy ...... after 0.38/0.39 is chasing high ...... TP I will say 0.60 .........

Buy before it surge with much faster speed .......

For TA wise, not sure, think:
- now price is slightly above of the middle of highest and lower, body is shortened
- afternoon body might expand larger to 0.345-0.365 area
- Tomorrow will have another long white candle to cross above 40 cents ....

Just nonsense sharing, buy before further surge ...... Suddenly like Pang write so many comments

Huaan is at Shandong province, due to the shortage of coke supplies, you cant use future or coke index price, there should be higher by RMB100-RMB200 above the index price, think is around 1,800 to 1,850.

This current qtr the coke margin is about 8XX (20XX - 11XX), for next qtr is around 7XX. The more important is utilisation rate from 50% jumped to nearly full run capacity. This is the main point.

Besides, previously I had showed a link Huaan had built additional factory or warehouse and upgraded equipment for compliance with environmental regulation.

Besides, loan drawndown many for this purpose during this qtr. For bank purpose, think still have to maintain good result and confidence to bank for borrowing review.

Two more good news coming is regularisation plan and full running production capacity qtr result.

Think 0.30 will form the base ..... and moving up .....

Just write some comments:

1) Utilisation of production capacity rise from 50% to 90%. Another 10% will be also running to catch up the demand
2) Coke margin will be around 700+-

With higher production capacity and good coke margin (previously is at 800+, to me 700+ also considered good level), next qtr result will be at full run force revenue. Besides, the will be regularization of financial condition by coming soon .......

40 cents is in the making ......

dunno how the shark thinking ..... hope 0.30 is strong support in order to cross over to 0.40 this 2 days ..... price chapter should be changed from pg 2 to pg 3 and pg 4 ...... switching hands and moving forwards

Just roughly read the report, got one interesting item that can expect next qtr revenue will be closer to 400m, this is about another 50% jump in revenue from this newly announced qtr result ..... this might explain they currently operate 90% - 100% production capacity ...... If this is the case, TP: 1.40-1.50 also can be making .... even 50% discount, also can get 70-75 cents, my goodness .....

Just nonsense sharing .....

results out already .... damn good result ......... dunno tomorrow still can go on board or not ......

Seem like 1.00 in the making ..... hope to get some tomorrow morning ......

Thanks Venfx ....... you are really my good buddy .....

Congrat to your denko ...... already triple liao .....

Just write some comments:

1) If looked at trade export statistic, think that few months (Jul, Aug ...) trade export for petrochemicals is not good compared to other months ...... In other term, the rest of the months will be good. But think 2nd, 3rd and 4th qtr will be doing good, especially 2nd and 4th qtrs ..... so next qtr results will be back .....
2) ASP for their products is being improved, revenue now is above 310 m per qtr compared last time less than 300 m per qtr
3) New vessel has started contributed better segment results to Company bottomline, this mean every qtr started to add in this additional profit to bottomline
4) This qtr got corporate exercise expenses, write back inventories, forex loss, share of associate losses, if we excluding this, this qtr result will be added another 3 m if not wrong ... did not calculate

Using PE ratio of 10, last 4 qtr results will still arrive 1.12 price. The only thing is if petrochemical products price is being improved and following export qty also improved ...... downward risk might be limited for temporary shaking off post results announced, but towards dividend ex-date, might rise back to 1.20 .......

Just my nonsense sharing ....... me as a beginner sharing ..... hope don't bring you holland ....

1st qtr NP think is around 8 to 9.5 million in between, will be the best results, TP is about 1.50 ..... buy now if want to get about 40-50% gain .....

By end of this month ...... will surge to 1.30 to 1.40 level ........

If tomorrow can break 40 cents with big volumes ..... then next will be 50 cents ....

1.80 in the making ...... if topglove buy ........ or 1.40 in the making using PE20 for latest qtr results ...

So buy buy buy

exit ekovest in morning at 0.715 lost 0.005 cent ............

sold 3.49, 20% gain more than KFC liao.

Klang factory about 1500 machines .... if 3 storey then each floor 500 machine ...... but damages is to 500 machines. Whether serious or not, if major components of machines impacted and affecting operating condition need to replace with new one ....

The 1st part how come cannot post ..... damn shit keep rejected ....

During time for restoration, financial impact to bottomline is really a issue. Monday think likely have another gap down.

Notion Venture Sdn Bhd was impacted by this fire incident and Notion Venture got automotive and HDD segment (not sure Camera segment is there or not). To me, if fire impact to automotive section, then this will be more serious than to HDD segment due to utilisation rate and availability of spare machines to operate. For HDD segment, dont think will benefit a lot to other competitors like Dufu, Engtek and JCY (not study in detail the precision component they are doing).

WVB 68 .... there are certain wrong info you shared. Anyway, noted and thanks for your comment

Total CNC machines in Klang main factory is about 1,500, not 500.
For production capacity utilisation, for HDD segment this is about 50-60% average 55%, for automotive and camera segment, think this is run at optimal utilisation, is about 90-100% utilisation rate, overall is about 70%.

Will come back to your sharing as busy now.

2012 Dec fire incident damaged 100 CNC machines with insurance compensation more than 30 m. Within year 2013 or even after results turn bad except insurance claimed ...... 2017 last few days ago fire incident damaged 500 CNC machines this time really serious this might affect more than 50% revenue and customer might cancel orders and switch to other vendors customer relationship might be affected and time to regain confidence .... restore the operation might even takes time and cost including order and import machine .... go thru all necessary audit and certificate process ..... even fire consequential loss insurance can only cover 60 to 70 percent of gross profit as 2nd time claim and this might ended up with net losses in following qtrs
...

For share price .... this might be continue downward trend until stabilise at certain price level .... low can be lower again .... might have a rebound during this downtrend ...... dont want to say how long it will go ..... anyway ..... 500 machines damages is not a small issues in terms with customer relationship in delivery schedule, re arrange with other subcon to cover work also increase costs 9 months time and costs for reinstate back to original condition

Just nonsense sharing ......

Comfort has unique glove making business in examination/surgical customised gloves that made it different to those latex and nitrile glove business ..... Margin wise can demand higher ....

If Topglove want to do M&A, they may interest in this kind of business for them to venture and explore this higher margin market and customer base.

Just nonsense sharing .......

Yesterday saw good result .... today morning want to buy at 0.34 but my internet got problem .... when dropped to 0.35 also missed ... afternoon also got problem at Hlebroking ..... but brought some at 0.36 finally ..... entry price not good ...

Did not study but think got few reasons can push the price high:
1) They got new construction segment income think will contribute till the end of 2018
2) New management team from construction sector
3) New shareholder from construction sector purchased price at 0.30

So at least will go to 0.40 and if can break 0.50 will go to 0.50.

Just nonsense sharing ....

Superpanda, noted your comment thanks. It's ok since you can share your view, Iqgroup i did not buy much .... anyway today business must adapt fast to sustain business income ..... actually want to earn KFC voucher but now more than KFC voucher ....

But i think now only start engine, today momentum will attract people to buy in ....... Next resistance is 3.50 - 3.60 level.

Comfort will this be Topglove target ?

1 billion acquisition price
NOSH: 560 million

Price per share is about 1.79

Is it reasonable ?

using current capacity, revenue per annum is about 460,000,000
using 11% profit (previously down was due to higher inventory cost) 50,600,000
using PE ration of 20 for M&A is 50.6 / 560 x 20 = 1.80

So the offer price for take over by Topglove is about 1.80 ......

So, buy now ...... with 80% gain within 1 month .....

Just nonsense sharing .....

Next fly will be to 3.50 to 3.60 level just hold tight .....

think 0.67 should be good floor price to collect .....

superpanda, you brought or not brought ? said not good also brought ? ..... not really know your intention ......

After glove theme play, next one will be broiler play ...... first choice for me still PWF ...... try to get some before surge to sky high ......

too bad sold too early at 1.34/5 (brought 1.29) earned peanut haha ...... now only hope for ekovest .....

Brought some .... try luck ....

I made a mistake yesterday want to buy C27 at 0.025 but went to Iqgroup .... otherwise hoiseh liao ....

Anyway sold C30 at 0.275 at the end (brought at 0.145) ..... 90% gain within T+2 days, not bad.

** Hope you not saying bad but collect at lower price.

Superpanda, noted. To me if the person said the stock not good, either the stocks are terrible stock, not worth to invest, or they want to collect cheaper price if stock are fundamental good.

Last time when you said Tomei not good, even the price did volatile but ended up it touched 1.00. I really dislike those person commented stock in bad way but ended up they brought some for profit. But no choice, the stock market is like that.

For Iqgroup, if there is already 1 qtr is not good (maybe one off due to did not reflect changes in customer request), maybe coming qtr is a stagnant qtr, but following years and if using PE ratio of 20, current price should be good price to enter. So if you think Iqgroup not good to invest, then you can choose other counters. Hope you saying bad but collect at lower price.

Think highest chances will go for supermx and comfort. To me, Supermx has glove city that is about 50 billion production capacity, Topglove after expansion is about 59-60 billion production capacity ..... in order to maintain at the top in world glove production, Topglove might go to invest in Supermx glove city project, and this might cost 1 billion and above.

Anyway, both has possibility and long term will have good prospects.

Dont like superpanda view, last time brought PWF, Pohkong, Tomei, Masteel ...... forgot .... think a lot he commented not good to buy but ended fly higher .... but anyway he can share his negative view ....

To me Iqgroup if can break 3.00 then next stop will be 3.20 to 3.35 level .... but I only brought little for KFC voucher ..... but now aim for Jusco voucher liao ..... haha ....

support little at 2.91 (cant buy much) hope can get KFC voucher .....

After DGSB, next play will be Microlyn ..... buy before big surge

After DGSB, should be turn for Microlink to surge about 30% .......

There is few potential good news for Microlink - Fintech potential and project with bank Rakyat; Budget 2018 for tax benefit for IT business including cloud storage/fintech.

Buy before surge.

Metallurgical coke price had bottomed up from 1670 to now 1833 and those listed companies in doing coke business also rebounded ....... think buying interest is starting gain back and support the coke price and share price ...... Metallurgical coke price in short term it will move towards 1900 level first .....

serb-CA price now is 0.27, geng ................... cry for sold too early ...........

think next uptrend time is coming soon ......

Temporary TP I will put in 0.8 to 0.85 level ..... Just hold tight .....

SPA signed on Oct 12 2016 (if not wrong), if to complete deal payment within 12 months, maybe good new is coming soon .......