Noted, shocked is because no locked in profit 40% and profit gone case and miss chance to double up to 80%. Now have to climb up from the start point.

But hope this should be temporary shock, afternoon is lovely surprise.

Cheers.

8.90 is the lowest, wait it rebound ..... might close green back .... just guess .... fundamental no changes, but QR shock .... but actually I shocked also ....

just wake up and saw down terrible, but considered a handle, just brought mum for support at 8.9x.

ok noted thks, saw the result on 23/8/17, will come back your 20 million losses, still don't think 20m losses.

nonsense assumption loss more than 20m .... lion ind and ssteel in different region, collection of used materials might different in southern and northern part, and the opening inventory cost affecting in both company cannot apply in the same way, other including costing and cost efficiency part. Just a stupid comment loss more than 20m.

You please show share how to get more than 20m losses.

Think tomorrow start Masteel will run like horse .... next qtr result Masteel will give the best results among the 4 ... even not the best will be the second. Got few reasons behind this. Just nonsense sharing.

Cheer.

This qtr result will be more likely as previous year same qtr result, if can do well then it is a bonus. The fantastic result will be expected is next qtr Jul-Sep'17 as margin will be significantly improved maybe up about 15-30%. Towards next month sure price will move some.

Just hold. Hope not wrong.

As at 30/6/2017 crude oil price is about 46.51 (I used crude oil price instead of brent crude oil as illustration).

Today crude oil price is about 48.20, if can rise above 50 towards the end of Sep'17, the significant inventory losses will turn back to inventory gains.

This qtr magin did affected by inventory losses, then wait for next qtr for better gains in inventory holdings in oil price fluctuation.

Just now wrongly seen is 1H2017 figures, roughly know the inventory loss how to derive and the produced barrel per day.

Just roughly look at their report, did not go into detail.

- This qtr result margin is reduced, think is mainly due to inventory loss, not sure how much, think about 30 million or even more.
- Overall, all is being improved.

So, if next qtr is inventory gain, sure the results will be burst.

Noted the point, need to study first. Thks.

Good result within my expectation, tomorrow sure cross over 1.20.

Re-post my previous comment, simple calculation also chun chun leh. Tomorrow open at 10.00. Yes.

________________________________________________________________

Why today heng yuan and petron dropped a lot ? The result announcement also delayed.

Just estimate simple calculation of this qtr result
4.1 billion x 1/3 (60 days shut down and initial set up) = 1.35 billion +- excluding factor of purchase refined oil from others.

Petronm = 2.6 b - 1.35 b = 1.25 b x 0.086 = 107.5 m x 0.85 = 91.38 m

EPS = 34 cents for this qtr ....

Using 34 x 4 x PE 8 = 10.9 or using PE 9 = 12.25.

Hope Petron can climb back as brought the boat ticket liao.

If looked at Petronm 2015 shut down net income is down about 65 to 70 percent. So estimate 2/3 income affected.

Just nonsense sharing since lot of expert here, just joined the boat recently. Hope i not commit suicide.

I calculated 91 million and EPF 34 cents this quarter, almost 100% correct, this stupid Good_stock said naive calculation, he can eat shit liao, haha.

Yes tomorrow fly high.

Thanks redgreen ..... wish you to earn kau kau as well

Uncle Mau really rich, hope one day will like you, got strong holding power and buying power. Still work toward it even this is long journey.

Just re-print my comment:

windcloud: Ssteel result will be come out first, at that time maybe will reach 1.20, once Masteel result out then will maybe reach 1.30. Hope this time will announce dividend payout since last qtr cancelled.
18/08/2017 16:3

today any dip will be accumulate opportunity, if not guess wrong, next qtr will fly above 1.00 at least ... TP: 1.40 .... Gold price will move towards 1,350 before next to 1,400 ..... Tomei recent new branch at Genting think will contribute positively to next qtr results and new segment income in beauty products will be improved further.

Besides, think another stock PWF will shine in next qtr result, because if not wrong, the margin will be "significantly" jumped in next qtr.

TA I not familiar. But followings just my comment:

- Looking at chart, will this become double top - mean this will go downward steeply after result announced ....

Look at Petron Philipines recent announced results you will see Petron Malaysia will most likely contribute more compared to previous qtr due to Petron Philipnes shut down for 2 mths, the only factor will affect current result is inventory losses assumed retails doing good. In long term will be perform better.

- After results announced, the share price will be rocketed, as may this form some kind like cup and handle candlestick, a certan % drop within this few days and then rocket fly. If results did not fall below our expectation, most likely will rocket fly.

- Not sure this is now under zig zag ABC consolidation, once C done, this will rise to TP 11-12.5 area.

Just my little sharing hope the naive infant dont shoot me later. Just for discussion.

Cheers everyone.

I did not go detail for retail and refinery portion but using other shut down qtr to estimate 2/3 income affected for philippine result. Maybe wrong.

Anyway hope petron price will break 10.00 soon and all can earn good money.

45 days is petron philippine shut down plus 15 days for initial set up machinery and initial run thru of machinery flow.

All just simple gauge the EPS maybe wrong. Since if detail will go thru lot of factors.

If there is any error just hightlight me and provide me revised one. Hope to learn from u Good stock bro.

4.1 billion peso is petron corp 1st qtr result assume 2 months affected so i used 1/3. This qtr 2.6 billion peso so less out petron philipine 1.35 billion will get 1.25 billion peso for petron malaysia.

0.086 is peso convert to MYR. Then less out 15 percent sister co. portion.

I did not write peso as i thought u know my computation.

How come 1st qtr result always good ? Can explain since no study in detail. Thks.

Why today heng yuan and petron dropped a lot ? The result announcement also delayed.

Just estimate simple calculation of this qtr result
4.1 billion x 1/3 (60 days shut down and initial set up) = 1.35 billion +- excluding factor of purchase refined oil from others.

Petronm = 2.6 b - 1.35 b = 1.25 b x 0.086 = 107.5 m x 0.85 = 91.38 b

EPS = 34 cents for this qtr ....

Using 34 x 4 x PE 8 = 10.9 or using PE 9 = 12.25.

Hope Petron can climb back as brought the boat ticket liao.

If looked at Petronm 2015 shut down net income is down about 65 to 70 percent. So estimate 2/3 income affected.

Just nonsense sharing since lot of expert here, just joined the boat recently. Hope i not commit suicide.

gold price stand strong at 1,285, this may rise towards 1,350 to 1,400 area within this year .... the drive factor may due to US interest rate either coming month or end of this year, but more likely will be in end of this year of coming month on hold ..... when share markets is subdued, gold will be investor choice.

Looking at Tomei price, dont think it will fall below 70 cents, tomorrow may be a good chance to collect more before next drive to above 80 cents. Assume shark still in collection of shares between 70 cents to 80 cents level. TP by this year is 1.20 to 1.40. Just hold and wait.

WC is William Cheng CEO ???

Last call buy before move to 1.20.

For Parkson loss I will estimate around 11.5 (23% of 50m), so I will estimate around 33.5 mill PAT, but more likely between 30-35 million. Just a guess.

WC ???

Since Parkson had disposed substantially Parkson China shares, then impairment losses on investment may no need to be provided and even to be reversed and if reversal, then will be good for Company. If you looked at Parkson Retail China recent qtr result announced, the result is very positive to NCI portion if Parkson Malaysia still hold some percentage.

Hari Raya is this year fall on June 2017, normally Apr-June qtr retails sales is not good, but hopefully early Hari Raya and new outlets and cost management will improve Parkson bottomline.

For lion steel business, this qtr think manage to provide good results. Not sure Lion has a biggest production capacity in tonne for steel products and given production facility provided by subsidiary Amsteel, plus finance position being improved, if this is, then time for accumulation. Hopefully can climb to 1.30 soon.

Just nonsense sharing. Last time saw lion ind price is 40 cents to 50 cents when Company keep buy back shares, now already 1.10. But in long term, still good. But 2 factors to considers along the way, materials market and sales market.

broiler price had increase lot to more than 6.00, during 1st half year price is around 4.xx to 5.xx. Expecting 2nd half the business will be much better. CCK and Cab recently is moved bit by bit. PWF with low PE and good dividend, hopefully will move higher and higher. Hope once result announced will be move to 1.20-1.30 level.

ESOS hopefully already well absorbed with current strong support. Waiting to break high.

Just some nonsense sharing:
- Lion last qtr inventory up about 20%, this may help to minimize the drop in ASP
- Parkson holding bhd had sold substantial Parkson retail China shares (hopefully not said wrong) in Dec 2016 and Parkson will more on Malaysia outlets, previous qtr losses mainly due to initial cost of new outlets.
- Due to disposal of Parkson China, impairment losses for this year may be reversed if done in annually
- Sharing of Parkson losses maybe around 11.5 million based on 23% equity accounting

Overall, still think Lion still may manage to get 5-6 cents EPS this qtr result, current price should be a strong support.

Ssteel result will be come out first, at that time maybe will reach 1.20, once Masteel result out then will maybe reach 1.30. Hope this time will announce dividend payout since last qtr cancelled.

Yesterday studied 2 stocks in same category, but at this moment only can support this stock due to some reasons, at this current price is still a steal, short term may rise to 0.85, but need to hold at least 1-2 qtr, then only can see more than 1.00 to 1.40 price. Gold price still in uptrend, expect there will be more uptrend in future.

Hope PWF will fly soon .... CCK and Cab move but PWF still stagnant, Company recent buy stocks dunno signal for good results or not ...... or another dividend payout ????

very good results, annualized EPS using latest 2 quarter results will get 1.40, for 2017 and 2018, gold related stocks will be in the eye if gold price remain uptrend for coming quarters and years.

margin mean NP margin, just agak agak only.

Noted thks.

I had found one interesting that petroleum refined and petrochemical products do have some co-relationship with crude oil price. If crude oil price increased, the petrochemical price will be improved. Besides, when you looked at Company 2013 results, think that time Petrochemical price is good even crude oil price and chemical price at toppish area, but that time Company making losses. But now even crude oil price is lower, petrochemical price also show a positive margin of about 2%. If crude oil price climbed up, expecting petrochemical price will have better margin may around 2%-3%. It may even better than 2013 since margin even better.

Don't know how to explain, but I mean for future prospects, those petrochemical and petroleum refined products will have better margin when crude oil price climbed up, and this is totally different to past history.

Selling pressure still there ..... Only once retailer selling pressure cool down, then will return upward ....

Few points might consider:
- Corporate restructuring for Ancom Logistic with Redberry if not wrong, this will improve Ancom Logistic profit results
- Once corporate restructuring done, expenses for corporate restructuring will be significantly reduced
- Media project for Jakarta think if bid successfully, this will bring Ancom Logistic financial performance into black, overall will good to Ancom
- Upward in crude oil price will bring chemical products selling price upward
- Director close relationship with tourism minister and as chairman of Tourism Malaysia and this may bring successful for Mpay JV project
- Election coming may boost Ancom shares

The corporate expenses really drive down the overall company performance, investment holding segment losses if not wrong is triple of last comparative year. Really no clue on this expenses, not sure whether this is related to corporate restructuring expenses or not.

If this is the one-off expenses, then Company coming quarter performance will be back.

Investment holding segment - Really dragged down overall company results
Agrochemical segment - Considered good, but expect average selling price and volume will be improved
Petrochemical/Industrial Chemical - Considered good, the price do follow crude oil price, if oil price improved, selling price will tend to move up
Media - Turning profit
Logistic - Losses, but not much in overall

Major revenue from agrochemicals then petro/industrial chemicals then polymer. But this segment profits was dragged down by corporate expenses that drive down margin.

Overall, 80 cents hope should be the support if 10 cents EPF annualized with 2 cent each quarter. Hope this should be the base, in long run, Media and IT if can turn being better and petrochemical and agrochemical markets is being better (if crude oil price climb up, agro plant areas increasing which need more agrochemicals), lesser corporate expenses, prospect should still be there.

Need to digest further ..... results out earlier than expected tomorrow ... Please comment if any other view.

Still studying, but mainly dragged by investment holding segment losses, still dunno what kind of corporate expenses every quarter kept incurring .....

Revenue in overall improved ....

Qtr result think will be announced tomorrow evening ...

To me, business is growing not only agrochemical business volume in local and central America (overseas market) and pricing of chemical products including petrochemical products will be likely to improve in the second half provided crude oil price rebound and above 50.

So overall business should be improved including agrochemicals, petro/industrial chemicals, media and logistics. The only part worrying is investment holding segment, if this qtr don't have significant corporate expenses, then this qtr will be very good qtr results.

For technical part, I not sure, but must at least cross over 0.85 to confirm uptrend with significant big volumes coming in few days.

But buy decision is your own whether after result or before result. Let's see the results this Friday and hope will be the best result. I all agak agak view only.

If coming qtr EPS is about 5.5, annualized will get 2.20, then current price is very attractive ....... but these few days price really stagnant around 0.78-0.84 area ..... how come ? sad .......

Noted from Nylex previous announcement they had lent about 14 million loan to Ancom, and think this will more likely for business expansion purpose. Hopefully, there will be dividend announcement from Nylex for dividend to Ancom (this will offset interco loan interest if any). And hopefully Ancom will also declare dividend to shareholders if Company do generate good profit for this financial year ended 31/5/2017.

Result will be out soon in coming Friday hopefully .... but price still not moved or they want to gap up 20-30 cents after results announced ?? ........ really sad ...... dunno is holding time bomb or not ..... haha .....

Ancom major revenue portion is from Agrochemicals and Industrial/Petro-chemicals. Nylex major revenue in industrial chemicals and if not wrong half of segment sales exported to overseas. Look at Malaysia export trade statistics, Mar-May'2017 chemical and chemical products export is 20% higher than Dec-Feb'17. For petrochemical pricing, Dec-Feb and Mar-May the average price is almost close to each other or Mar-May may have slight higher price than previous quarter, please note that Dec climbed up to Feb/Mar and dropped back in Apr/May, in current, petrochemical price is about to bottom and might rebound for the next quarter. Anyway, sales volumes should be increased a lot and price is little changed as compared to last quarter. But this is encouraging that chemical products sales are being improved.

Agrochemicals are used for crop protects and fertilizing. Crop plantable areas in recent years are increasing if not wrong. Media for Malaysia MRT project also already started contributing income, whereby pending for Jakarta MRT advertising media project any good new. For logistic part, this quarter should also produce much better results than last quarter. IT part pending for Mpay JV in e-pay system for tourism segment.

In overall, think current result should perform better than last quarter. Hope correction is overall and accumulation is being done these few days. For me, I think Ancom should much more potential and room to climb higher.

Just a agak agak only.

think result will be good as last qtr ..... wait for it to break 0.85 today and hope bigger volume coming

if today price can close above 0.82, think should be good .... Next TP will be 1.20 ......

I will explan you how to calculate in GDV value using developer method using a condo as example. Morning a bit busy. It is ok, I like to educate person.

Hope you will miss Spsetia share once rise up.

Besides, once Spsetia take over I&P, think I&P will have to follow Spsetia policy, procedures and standard, whatever you had said worst to I&P, don't think this will not be changed upon take over by Spsetia.

The more concern now is the GDV the land bank will generate plus any on going projects it have.

ks55 just now tried to top up spsetia shares. will revert you in shortly. NTA or NA only difference is about ITA. Anywhere, what I am concerned is Spsetia buying I&P the land in Klang Valley and JB amounting to 4,279 acres. This market value is more worth than the price Spsetia paid for. If you calculate by psf you will get about 17 psf for the land bank. The GDV value psf is far more than this.

I don't think Spsetia will fall more, think this is time for collection. If you know the klang valley and JB area the sales psf, you will know how potential the land bank value will generate the future GDV for Spsetia new township in that area.

Just know tried to sell some shares to buy Spsetia. If got time will explain you the GDV value for the land bank I&P have now.

7,100 million = 7.1 billion *****

ks55, I&P net assets 7,100 million = 7.1 million ? Spsetia paid 3.65 billion right ?

Besides, need to check with you:
- Market value of existing land bank
- estimated GDV for I&P existing land bank

As a businessman, paying 3.65 billion whereby the market value of land bank and GDV value to be released will be much more value than 3.65 billion.

This time Spsetia sure will fly to RM4 and above. I had noticed some interesting that MIDF had released TP on 21/6 at 4.03 and then that day price started moved and this is some accumulation done this few days.

The new today also quite interesting:
- RCPS 5.93% think quite attractive
- I&P group purchased at nearly 40% discount
- Australia project development and management income

Think soon will cross over RM4.00.