Another example not sure whether can refer or not - Hume Industries Berhad, PE ratio even at very high at about 20 if not wrong.

Evergreen fibreboard PE 11+
Mieco I need to calculate if less out one off income should be at very high PE if not wrong ...

Just quote some example on MDF board segment PE ratio.

syf comprise property development, rubberwood furniture and board segment. Using PE ratio 10 is an average. You may use other as a gauge like Mieco and other property development companies, it may get higher PE ratio. Mieco got 1 quarter got high EPS due to one off income if less out should be at higher PE ratio.

This qtr result affected by property development revenue due to Kiara Plaza at final stage but for rubberwood furniture and board segment is improved lot. For next quarter, MDF in Simpang Pertang will be in full commissioned plus Iris Residence Sungai Long will start to recognize as sales in following quarter.

Iris Residence Sungai Long 252 units 1,058 to 1,209 sf., if RM500 psf total estimated GDV will be RM143 million+- if 60% sold x 20% SNP signing and piling stage x 143 million =17 million. This may contribute in following quarter. This not include on going Lavender Residence project and other residential/commercial projects.

MDF in Simpang Pertang if in full commission this may further up to MDF board revenue.

Current NTA improved to 50 cents. Expect this whole year EPS is about 6.5 to 7.5 cents using PE 10 ratio will get about 0.65 to 0.75 cents. This not include Mieco and SYF business potential merging.

RHB has climbed this couple days and its BB from 7 to 8 whereby Ambank BB CX really stagnant and at negative premium. Maybe only till a big push in mum will lead the BB to drive fast in positive premium region.

Today afternoon hope to see a great movement.

support Inari a bit, TP at least 2.20 and above

ok noted, anyway, as a friend, hope you the best and trade with cautious since market might not be stable in following months. Wish you earn fruitfully in coming 2nd half of 2017.

Got to go. Thanks for chatting with you.

Probability, I think you don't straight go into conclusion nexttrade blog showed wrong chart and said stupid graph. Nexttrade blog sometimes also is a good reference for me since long times ago.

Please looked at the chart from nexttrade blog and the chart you showed gasoline crackspread chart, almost the same in shape and price also is around there. So, don't simply said stupid chart and never look at the graph. If both of your chart same, then this mean your chart also stupid chart (I don't have any intention to scold you).

This is the open market, willing buyer and willing seller. Remember last time when at Taan forum, you mentioned Taan will reach 5.00 and above and palm oil price will move towards 3,500 - 4,000 and wont drop to 2,800. Now palm oil stand less than 2,500 and Taan price from 4.xx dropped to 3.5x. Sometimes commodity price do affect the Company share price and not sure market correction will come in following month or not. Anyway, money is on the hand of all of you, whether to buy or sell or average down or to sell and buy back later, you all should have a strategy on it. Anyway all the best to you Probability since I trust your capability. I am not a good trader, but I already sold and exited when price near RM8.00 and may buy back if got fund once fall below 7.00.

Probability, understand different might have different base for crack spread depending on retail and cost price but the trend line I think should be same that is either in upward or downward trend.

Besides, whether EPS = crack spread or EPS = crack spread - costs for production and non production ? I think crack spread need to minus out certain cost to arrive EPS, if wrong please correct me. But EPS all depend on company cost efficiency and technique used and any other considerations.

Wait for your answer since I did not study details for this.

Probability, this one you post is gasoline one, do you have oil crack spread ?

Besides, what is the currency base ? USD ?

Crack spread is only difference between cost of crude oil and sales price of petroleum products ? does this include or exclude other costs, like fixed costs ? Company EPS is this crack spread less out other costs like COGS and non-production costs ?

Think this need to confirm before coming into conclusion. Wait for your answer.

Just be careful when playing warrant, don't let this burn your hand. Holding mother in long term should be alright.

Anyway, just be cautious when trading, if not wrong, next month end will be call warrant expiry date, and plus negative market sentiment after June (after last push up by fund managers for that portfolio), it might not look good for Petronm or the price will be stagnant at certain price range. You may re-visit when right time is come.

Just nonsense sharing.

crack spread is difference between price of crude oil and petroleum products selling price. If crude oil price drop, retail selling price will also be revised, and now is on weekly petrol pump price mechanism.

Not sure is whether due to following erase the profits.
1) When crude oil price is in a downtrend - crude oil purchased at higher cost will be processed thru refinery process to separate petrol and other components for other petroleum products and sent to storage tanker and then sent to retail petrol station tanker. Retail petrol station think normally will reimburse in weekly basis for inventory. This whole process may take about couple of weeks for inventory to be consumed by retailers. So inventory holding cost will be higher whereby retail price will be reflected to market rate. (So this need to be hedged against the crude oil price fluctuation).

2) When crude oil price is in a downtrend, fixed cost for refinery process, transportation, storage, tools & maintenance, depreciation is not affected by oil price fluctuation and when petroleum selling price is downward adjusted due to crude oil price heading down, margin think will be affected. So Company might have thin profit if crude oil price continue to move downward.

3) Besides, inventory holding losses when crude oil price is downward at the end of the quarter compared with the beginning of holding period.

Just nonsense talk only since did not go into details.

Just nonsense talk.

Buy Buy Buy ...... may have a technical rebound before or just after Hari Raya ..... Lower crude oil price will reduce the cost of chemical materials .... margin wise if not wrong will improve than giving rebate on selling price ...... A nonsense sharing .....

luckily yesterday escaped, if not today will be 27% losses on C38. Initially aim TP 2.00 and above, yesterday also look like push up but now seem like distribution. Due to need cash out money for next week, so escaped from damn losses.

But now difficult to predict the stock movement, easily to lose money instead of earn money (for my case), Sad ...... Maybe better retain some cash first .....

sold sime bb, earned 20% (didn't manage to sell high), release fund to buy raya baju.

Surrouding index like Nikkei, HSI, Dax and Dow look good, today FBMKLCI dropped and lagged behind but tomorrow hopefully will up about 1%. What this mean to Ambank ? Hold tight, strong upward should be on the way.

Besides Ambank, other index stocks will rise as well, hopefully to Sime and also ..........

sold senergy bb, earned 10%, missed last few days high price. Released some fund to buka puasa first.

Noted NTA is 5.31 this is the minimum price .... but as a businessman you wont surrender your share at NTA price this need to plus some premium over this. Not sure ANZ bank is major shareholder for Ambank .... as a businessman .... will this merging do really benefit Ambank after RHB take over ... or i will only consider surrender my shares if there is premium .....

Anyway market will reflect the price .... but 5.30 also not bad .....

You are right jtiasa is a good stock 1.50 is coming on the way. Coming quarte will be good for jtiasa since good season for timber logging and ffb harvesting and yield.

Take over price for Ambank will be 6.50 inclusive of goodwill computation the take over price will be supported by 1 to 1 exchange of shares on the date of merging date which will be by the end of this year. Any difference will be supported by warrant and similar instrument. This is to consider the existing minority shareholders.Just a nonsense statement haha.

Anyway hold tight your seat. 6.00 coming on the way.

5.50 coming next week ..... gong xi gong xi gong xi gong xi fa da cai ya .....

I also lost money here, dunno need to die how many times. Sad ..... But just hope days after today will be best for hibiscus.

dragon88, saw your previous comment, I think you are asking what will be the consequence for call warrant price instead of dividend entitlement, if not wrong, you had purchased spsetia-cw.

The ex-date is tomorrow which mean after today buy (must be picked up), no right to entitle dividend, share price will be diluted by dividend amount. This will affect call warrant price tomorrow. Tomorrow call warrant price will be adjusted, adjusted how much, difficult to answer.

Time to look back at Sycal. Yummy, Tasty and Delicious.

yesterday fed int rate increased a quarter point to about 1.2%+- and some tightening monetary policy. Expect another one hike in this year, likely in coming Sep'2017 and will make the rate about 1.5%+-. For treasury bond rate, think will be still below 2.30 within next quarter. 1.25%-1.5% still considered at acceptable range and market will be absorbed the new and move upward unless political risk.

For Malaysia, FF investing in shares comparing to US COF rate, they will benefit from favorable exchange rate and appreciation in shares value since Malaysia market PE still attractive and this is far more than their COF rate.

Hope Malaysia market will be stable and then continue bull run. Normally bank sector will signal first their uptrend or downtrend of shares market. You see bank sectors recent shares price for FMBKLCI and USA market and to judge. But be cautious this may be the last upleg before next big correction.

Think closing price will push up around 5.06+- level.

If other banks being pushed by FF and LF, Ambank normally will be the last one for pushing. Just be patience, after tonite, tomorrow will be a clear sky day to fly high.

i only knew her parent very rich to support her for shares trading and the 1 million fund did not affect the parent so much even at risk.

Graduated in year 2015 and 2017 Jan started trading, almost all the fund from parent, don't think she can save a lot of money less than a year. Doing audit/account think will be tired and boring for her. Good to have support from parent. Not like me only can play peanut, sad.

Hope next time can have 1 million fund to play. Don't know when ..... sad .....

Sime TP 10.00 if you refer recent shareholding changes, KWP and ATB brought significant stakes ... think will explode soon ....

Just nonsense sharing.

Maybe you can use NTA as a gauge price for RHB to take over Ambank, current NTA is 5.32. But Ambank shareholders wont surrender at this price, think most likely will be around RM6 or even more.

I expect Ambank will move to RM6.00, haha. Not so sure whether merging will be success or not. If this can be successful, Ambank can sell its product to RHB customers like Amban insurance and other products. Besides, there will be cost savings in terms of sharing offices and manpowers and resources.

Other thing may considers is once O&G customers is recovering, their risk exposure and provision will be reduced or reversed.

Just a nonsense sharing since not really go into details. Anyway depend on FF buying interests in 2nd half of June.

Spsetia different, dividend ex date is on this Friday, there is a risk spsetia may drop to 3.70 which warrant price may even go down to 0.20+-. Even there is dividend reinvestment plan, but not that fast, will be one month later. Spsetia has potential to up further but timing must be right.

Ambank at this range will be safer, and most likely will stand firm above 5.00 soon, think FF has kept accumulated their stake in FMBKLCI, after FOMC meeting no matter interest rate hike or not, FMBKLCI will move towards 1,820, that time Ambank most likely will back to 5.50.

Just nonsense sharing

Yummy Tasty Delicious.

Towards July will have dividend announcement which will be good dividend rate as usual or even much better. Further, FBMKLCI expect will move higher to 1820 range and Ambank as index linked stocks and FF buying after FOMC meeting will surge the price to 5.50-6.00 range. Whether merging or not, for Ambank it will be a good thing, merging will be capital and cost structure restructuring and improve margin or even not merging, current business is improving.

Hold the seat tight. I brought a little to support.

today must test the high of 0.51 when new announced, if can close 0.515, tomorrow will continue another long white candle.

Hold tight, good new is coming soon on finalization of the deal including balance payment. Just nonsense sharing.

Buy a little bit to support hibiscus, but still little since fund limited.

Oil price is a game played among big players, you wont know what they had recently discussed and planned during last meeting. But low oil price wont make shale oil and crude/brent oil companies benefit much. This round they most likely will long the position. News/event need to create to complement the long position in oil price.

Another thing, who is the PP shareholders behind the game ? This might even more interesting.

Just a nonsense sharing. Besides, think June will have a good play for O&G, construction and timber counters.

tomorrow guess will be a long white candle, up by 10% ..... fast and furious ....... hold tight your seat.

But you still can wait low low to buy better don't chase high tomorrow.

Last call buy before regret

5.60 is coming on the way before next 5.80

support Pchem a liitle bit, as little bull may push pchem rebound ...

When that day afternoon announced result, should buy immediately the WB at 25 cents, now already almost double.

Looked at the financial report for this qtr, other operating income amounting to 8,719 out of PAT 11,458, about 76%. If we exclude this other income, EPS will be dropped significantly. What kind of other operating income ? This seems to be dividend or investment income from quoted shares and unit trusts at total 399,766. So next quarter may not generate so much investment income from quoted shares and unit trust.

Besides, number of shareholdings for all (ATTA, LA, WB, WC) is about 310 million. Let's say annual PAT is about 25 million if we divided by 310 million, we will arrive 80 cents using PE ratio 10. If excluded WB and WC, then will get 90 cents. 25 million is included investment income about 14-15 million per annum. If investment income is lesser, the PAT will be lesser.

But me maybe wrong, think stock price will stand at least RM1 and above as NTA quite good.

But really interesting from the recent qtr reports:
- Investment income start to boost overall PAT this few qtr, especially this qtr since most dividend income falls on Jan-Mar if not wrong
- Company started buy back shares at this qtr
- Share prices jumped up and up
- Recent announced dividend in share species
- Directors started to convert warrants and/or LA

Then what will be next ? If Company can get property project for business income and dividend income is stable, then seem to be good; if company business income not improved significantly and investment in quoted shares being withdrawn and quoted shares price being dropped, then impact on Company share price will be huge.

Just nonsense trading.

suddenly got debate. If got free time, will study. Thks for all expert sharing.

this time really Holland, dropped until underpant gone. Need to jump liao. Wait Monday see first.

Got different view of oil price, think next week oil price will be in long position. Before oil price rebound, o&g counters will slightly move first today and reason also due to oversold. Next week index will be supported with oil price rebound in addition to economy/jobs data released. Sometimes, thinking must be in different way, not till crude price rebound only re-act. Just nonsense sharing.

Dividend is coming, may challenge previous high price.

just hold tight your seat, this month Gamuda will be shining.

Just write some nonsense view:
- crude oil price being death crossed, this may either mean a stronger bull trend in front, a stronger rebound
- OPEC last meeting negative view on maintain production cut (no increased in production cut) had been diminished
- Demand seems to be climb up in coming quarter
- S&P 500 VIX sentiment is at very low level, this mean very good sentiment in market trading
- Related oil stocks seem like being rebound in coming days, as accumulation in stage
- Surrounding index like HSI, Dow Jone, Nikkei is climbing up, think our index may touch 1800 in coming week(s). Anyway, need to trade cautious since FOMC meeting is coming on the way, after mid of this month, whether to continue up or down may depend (as the more the index it climb in this month the coming correction will me much deeper). But for coming days and week, momentum may still be good.

So Hisbiscus think in immediate short term the only way is up.

i am contra player, think today I need to jump liao haha .... But think today will rise about 5%, so today may close around 0.49-0.50. Let's see afternoon how, otherwise need to jump liao.

Abangadik recently saw the posts on your wedding day, I wish you have a happy wedding day and congrat to you and your wife. Enjoy your wedding night and have fun, hehe.

TP so good over RM10 also got ..... yummy ....

suggest wait low low don't buy first today only T+2 wait T+4 first, later u stuck and cry .....

yummy tasty delicious