support Microlyn at 1.01, expect push up soon or sooner ....

sold serb-ca at 0.24, release capital first

Lot of news not coming out including BOT projects with GLC companies, Indonesia project, etc .....

toypoodle 我是小角色啦。。。还好小人提米田共没阻了你赚大钱，今天若能破七，就“好事将近”，若不能破七，又是来来回回。。。。

toypoodle 恭喜赚大钱，你的对敲能力强！赞！

sold 1.39 release capital first

today came to 0.955 sad ..... should not sell at 0.825 and 0.845 ..... made a serous mistake ...... next time must ignore the noises and to trust own analysis ...... rugi few thousand ....

I thought pretty life want to buy back at 0.625-0.635 area if drop back, said recently made stupid mistake sold at 0.605 .....

Now can buy back if you wanna to buy back ....

long time not in this thread, I think will break 9.00 soon and move over to 10.00 price, if the revenue driver is refinery margin for this qtr, Hengyuan should produce surprising good refinery margin.

Hold tight.

Good entry price now .................

Toypoodle, you welcome ..... anyway, market is a zero sum game, some think now is good price to buy, some think now is good price to sell, anyway, just trade accordingly to your plan.

Crude oil price in long term is in upward, but temporary it need to go down to 48+- level for consolidation.

For Hibiscus one, I think there is still dont have massive sell down so cannot confirm whether is up or not, but based on my 3rd reason, there should be one massive sell down, then we might get cheaper price at that entry level.

Anyway, just nonsense sharing, just trade according to your plan, my capital too tight, so sometimes need flexible to move in and out. If you are long term, then may need to endure volatile price.

Just write some comments:

1) Crude oil price (I use crude not brent) will dipped to level of 48 and then consolidate .....
2) North Sabah one still have 3 to 4 months to go
3) ****************

3rd reason cant disclose first, for own use, now is retailers buy, institution slowly selling ....... still have chance to buy at lower price if not wrong.

good news are coming soon ...... think will have a big surge soon after this handle

engine on ..... slowly moved ......

congrat apolloang, good patience ....

today made a mistake sold 0.845 (brought 0.845) since already q yesterday night ..... previously T+3 one sold at 0.825 (brought 0.815), lost expensive water fee. Should earn few cents but mistake to cut.

Too many noises recently from blogs from hebert chua, kcchong, calvin ...... sometimes should ignore noises ...... to me the ability to generate more business income in future to cover temporary high debts is sometimes more important to buy price in earlier rather too fundamental to buy at later time when everything turns good.

not sure whether there is a big black crow within these few days, if there is, there will be a 10% drop with substantial shares dump out .....

Just nonsense sharing ........

with or without splash deal, current PE ratio is low due to recent qtr results are doing good, to me TP is around 1.80 using recent EPS, if Splash deal is done once announced on this 5th Oct, then price will be rocket fly on this Friday.

At this price, should be a good bet, just 2 cent view.

Just write some comment:

Dayang let's say 5 year contract maybe about 700 m (there ?? 6 contracts, 1 is about 1.7-1.8 billion, 1 is about 1 billion, the rest is about 700 M +-, just "nonsense" estimation, the contract winner is Carimin, Dayang, .........)

700 m / 5 years / 4 qtrs x 10% = 3.5 million profit to bottomline, refer to recent qtr results with losses, then you can estimate whether Dayang can manage better bottomline in following qtr or not. But main importantly Perdana results do affect Dayang bottomline.

At this brent crude oil price around 55+- level, Petronas had fixed 5 years contract, if within 5 years contract, crude oil prices had climbed further, will Dayang can negotiate the contract price to be revised for better pricing rate or this do benefit to Petronas since fixed at 5 years contract instead of 2 or 3 years renewal contract ?

Just 2 cents sharing ...... You may judge yourself on this announcement ......

There should be another wave for glove sector within this month .... just hold tight ......

Nothing lah i cut and bleeding today ... T+3 ... should cut 0.84 .... missed again ...

Anyway nex week should be good ..... but must break 0.84 only can fly higher .....

Send die send die really send die liao

Result out already not good this qtr

this time joined the boat as got smart investor here ............. next qtr result should be better ........

on board again .............. EPS more probably double from previous qtr as I said previously .....

Last call ..... buy before surge to 1.00 level ........

pending for big white candle today ......

Another PP tranche will be out soon ..... direction will be determined within these few days ...... retailers mind might be influenced ... but there are investors behind the picture ....

1.40 dropped to today price, when price dropped about 20-30%, there should be some flush out for margin facility players and those early buyers and weak holders ......

Anyway, just alert on this few days prices, see the price movement whether is up or down and trade with cautious.

Remember the boss and PP investor must have a win-win situation for price movement. Besides, PP investor must have certain confidence on company future prospects before acquisition of PP shares.

think every week or every 7 days got PP tranche to be announcement and to be listed, think next tranches will be within these few days, in order for them to get better PP funds, the price has to be up ...... ideally, price at least to be at 0.90 to 1.00 level ....... within these few days or sooner tomorrow, see how the share price react ..........

Just nonsense sharing.

250 SMA is about 0.79 ........ if 0.618 retracement is around 0.84, this is considered oversold position ......... anyway, see how tomorrow ........ fundamental wise, if crude oil price recovers and Aramco listing is successful, in certain way this will benefit Sendai in middle east projects either in construction & O&G, especially in Saudi and Qatar projects ......

Hope no more selling pressures and buying momentum is back .......

rebound is coming soon ............. hold tight ...........

Albukhary, username is windcloud, not windloud.

Normally consumption is around 2kg to 3kg for high performance electrodes.

If 2.5 kg, then 1 tonnes will produce 400 tonnes steel.

High performance granite price let's say RMB120,000 (let's say included tax/duty) x 0.64 = MYR 76,800, divided by MYR 192, is about 7-8% of the current price.

For 666 tonnes, the consumption will be 1.5kg of electrodes, but I wont use this, maybe Annjoo can achieve this but dont know is because of grades of electrodes and any other reason.

You are right, should not simply multiply by 2. Thanks for correct me.

Invest_168 for NPAT you can use the closing reserves (revenue reserves) less opening reserves then you will get the NPAT for the current period up to acquisition date. Anyway just an estimation, i think last year profit is more than this year profit, if use last year, EPS even more.

thanks for your info.

Just write some comments:
Electrodes got 3 types, normal, high and ultra high. Normal performance electodes is made from petroleum coke, high performance electrodes made from needle coke. For steel casting and making, normally at least need to use high performance electrodes that made from needle coke.

Electrodes price increased by about 7-10 fold, if by %, up to 700% since July price hike depend on diameter width.

If normal electrodes, this is about 150-220 or about 8% of the price.

But for steel industry (this need to use for high performance electrodes as for building construction purpose), so cost will be double to 300-440, about 16% of the price.

So if selling price is 2,600, cost will be 2,000 + 400 + 100 = 2,500, the margin will become 100. Please note that China steel price had been dropped a lot recently, so if steel price dropped to below 2,500, profit margin might be affected. Anyway, all need to follow Malaysia market price and individual company structure including finance cost, utility costs and others.

Anyway, just sharing and discussion purpose. If wrong, please rectify me.

Today totally out from Huaan @ 0.23 ....... China long holiday is coming ...... buying momentum may be restricted and market started to be more volatile .....

CSC Bio-Coal Sdn Bhd

NPAT for 1/1/2017 to 20/9/2017 is 5,518,713.
Annualised NPAT is 5,518,713 / 8.75 x 12 = 7,568,520.
Number of shares in CSC book = 168,651,000
EPS for CSC book - 5,518,713 / 168,651,000 = 0.0327 (this is for CSC not to Eonmetall)

Eonmetall Group Bhd
Estimate annual profit is 6,000,000 x 4 = 24,000,000
Add: CSC profit contribution= 7,600,000
Total is 31.6 m
Number of shares = 171 m
So using PE ratio 10, target price is 31.6 /171 = 1.85

CSC portion is 7.6 m / 171m = 0.44 and the profit is about 24% of total profit. So if like this, shares must at least up 20-30% first for this annoucement, short term target is 1.05, before fly to 1.85.

Thanks for invest168 info. EPS is not calculated like this way, that one EPS is the CSC one. Tomorrow will show correct one due to internet too slow cannot download the file.

But good new to Eonmetall, after including this CSC profit contribution, using PE 10, target price will be 1.80. (1.40 + 0.40 CSC).

Monday think will up 10% at least. Monday must buy some to push ..... haha ....

Just write some comment:

1) today maybe is distribution mode
2) North Sabah not yet announced and crystallised (I do hope can finalised soon, but anyway it may success or may not success)
3) Price already hike a lot ..... T+3 and T+4 is coming
4) Anasuria bottomline actually is not that good since England tax is damn high, pls refer to last 2 qtrs

If the TP price is 1.00, 30% discount is 0.70 ..... so upward potential is limited for this moment until further facts being crystallised

8 days black crows ..... alamat, directors can you stop selling ................ damn shit ....

Today must rebound ...... ok boh ........ give me 3 days white soldiers .............

sold 0.625, sad, not managed to sell 0.69 area ..... last time better dont go toilet do big business in the crucial time ........ alamat ..............

Anyway, locked in profit first .....

http://finance.sina.com.cn/futures/quotes/J0.shtml

Coke price has well supported above 2,150 level, now trading at 2,174, expecting will move towards 2,200 ...... to me as long above 2,000 the margin is good already, any additional is considered bonus .....

Just write some comment:

Existing shareholdings before any PP - let's say 773 million
PP shareholdings - 77 million
After PP - 850 million

Profit per quarter - 23 m (using 5% profit margin, recent crude price increase and middle east business recovering may even further boost up the margin, Company also expect following quarters will do well)
Annualised profit = 23 m x 4 = 92 million

Using PE 10, price will be 92 m / 850 m x 10 = 1.08 (after PP)
Using PE 10, price will be 92 m / 773 m x 10 = 1.19

So we will expect even after PP, price will move to 1.10 level. If before PP, the price target think is around 1.20.

How about current borrowings ?

We need to exclude bills payable since this relate to customers receipts and also exclude bank overdraft since small figure. Then the main focus is term loan 579 m.

Company how to repay the loan, might use following funds:
- Cash and bank balance 150-200 m (within 4 qtrs)
- PP funds received about 70 m
- Balance 50% will be thru liftboats payment received within next qtr and any and term loan drawdown (you can refer to amount due to contract customers for liftboat and other construction project)

Estimate if need to raise fund about 70 m, PP price need to be around 0.90 - 1.10 level otherwise the PP fund received will be lesser (so far think only 5th tranche of PP), and PP investor think have at least 15%-20% margin on this, if 20% margin, price will need to go to 1.10 level.

So, think price will rebound and cross over 1.00 soon. Sendai is also O&G counter, think still missed today run .... should catch up soon .......

Buy before surge ..... last call ...................

Announcement on Friday ...... they will push to 0.83 before announcement .....

Just "nonsense" sharing.

Just write some comment:

Existing shareholdings before any PP - let's say 773 million
PP shareholdings - 77 million
After PP - 850 million

Profit per quarter - 23 m (using 5% profit margin, recent crude price increase and middle east business recovering may even further boost up the margin, Company also expect following quarters will do well)
Annualised profit = 23 m x 4 = 92 million

Using PE 10, price will be 92 m / 850 m x 10 = 1.08 (after PP)
Using PE 10, price will be 92 m / 773 m x 10 = 1.19

So we will expect even after PP, price will move to 1.10 level. If before PP, the price target think is around 1.20.

How about current borrowings ?

We need to exclude bills payable since this relate to customers receipts and also exclude bank overdraft since small figure. Then the main focus is term loan 579 m.

Company how to repay the loan, might use following funds:
- Cash and bank balance 150-200 m (within 4 qtrs)
- PP funds received about 70 m
- Balance 50% will be thru liftboats payment received within next qtr and any and term loan drawdown (you can refer to amount due to contract customers for liftboat and other construction project)

Estimate if need to raise fund about 70 m, PP price need to be around 0.90 - 1.10 level otherwise the PP fund received will be lesser (so far think only 5th tranche of PP), and PP investor think have at least 15%-20% margin on this, if 20% margin, price will need to go to 1.10 level.

So, think price will rebound and cross over 1.00 soon. Sendai is also O&G counter, think still missed today run .... should catch up soon .......

Buy before surge ..... last call ...................

Venfx bro, I did read some of JCY messages during they quarrel last few nights, I just expressed my view. I not side both parties.

Flyingkite ID has been banned due to above issues. But anyway, one hand cannot clap, need both hand, things must see both side, cannot say one person totally wrong. I not said flyingkite not wrong but 狗急跳墙.

Maybe should read all messages in JCY forum then you will only know how the thing ended up like today. Anyway, left to admin to decide.

A person can express the view in particular stock forum to express their view whether the stock is good to hold or not. But this is not good to force people to accept his/her view by keep put up many harsh comments to force people to throw their share and ended up with quarrel.

If a person had expressed view/opinion and they not accept, then just leave to them to decide since it is their money to hold or not. Since the particular stock is not the person cup of tea, no need to continue go there to put harsh comments and force people to accept the opinion/view.

I think flyingkite has no intention to do like this, maybe 狗急跳墙。Last few days during night and midnight time saw the messages flying here and there in JCY forum.

Just to express my 2 cent view. Actually dont know what to write or not takut later kene legal letter ...... Anyway, 退一步海阔天空。

Just my nonsense talk.

tomorrow will gap up at least 90 cents ..... Masteel also got MACQ PP .... cant explain why next few days the share will surge up .... let's see how tomorrow will perform .. Price will at least go above 1.00 ....

Just nonsense sharing.

well said .... so tomorrow push up kao kao .....

I had different view i dont think pp sharholder want to earn peanut margin or cut losses below 90 cents .... at least share price will go above 1 to 1.20 level. Tomorrow pp share listing ..... next few days price will up to 1 dollar first.