@musangfoxking, yes. In short, not the time yet. EG got a lot to proof & improve on their parameters. The funds would be more efficient to be parted somewhere else. No harm to be later but safer.

Greeting Sifu VenFx, a quick scan on EG through ft.com are not so favorable.

https://markets.ft.com/data/equities/tearsheet/financials?s=EG:KLS&subview=Overview

1. Operating margin 4.21% & Net profit margin 2.5%. Very thin margin. Indication they are in a very tough market & their products can be replaced by any other manufacturers anytime. They cannot command price as there is no barrier to entry.

2. ROE 2016 at 8.97%. Moderate.

3. The debt level have been increasing constantly since 2012 to 2016. Not a good sign.

4. The EPS CAGR 5 years = 19.11% but there was a great fluctuation spotted in EPS between 2012 to 2016.

Your golden egg still got a lots to improve before it will attract any funds. Funds got better option outside there. For instance, listed at SGX

1. Valuetronics Ltd
2. Avi Tech Electronics Ltd

If the raw material is rubber wood, the shortage is permanent. Why so ? Refer to RRIM Statistic here : http://www.lgm.gov.my/nrstat/nrstats.pdf

Malaysia no longer the world leader in exporting raw unprocessed rubber. We are importing raw rubber from countries like Thailand, Vietnam & Gold Coast ( West Africa ), etc.

There is a demographic change from rubber cultivation to palm oil. Every 10 holder small holding of rubber farmers, when the old trees felled, almost 9 out of 10 farmers will replant it with palm oil. Reasons being :-

1. Rubber tress has longer maturity period, 6-7 years as compare to palm oil which only takes 3-4 years. Old people said, cannot wait to reap the planting of rubber trees, anything can happens in the 6-7 years. Palm oil, at least wait 3-4 years only.

2. More physical labor required. Rubber tress are tap as early as 3 am in the morning & latex collection before 12 pm. The tapping on the same tress are carried out on alternate day / 15 days per month / 30 days per 2 months. Palm oil upon maturity, you only harvest once 20 days , 3 times in 2 months. The harvester can be hired, farmers only sit on motorbike or ATV to look see, look see. Imagine the amount of time & hard work reduces in rubber & palm oil cultivation.

3. During raining season, the farmers have battle against the rain as the rain will jeopardize the harvesting process or dilute the concentration of the latex which will resulted in poorer grading / selling price. Whereas for palm oil, rain are welcome any day & any time.

4. Rubber got wintering process. During the time from early of the year, around Feb to May annually, the rubber trees leaves will fall. Rubber farmers do not tape the rubber during this period if the trees are young ( old trees they will just wallop coz the trees will be fell soon ). From Feb to May annual, there will be disruption of income for rubber farmers. Whereas for palm oil, it is constant year of harvest, no disruption of the harvesting.

5. Rubber harvesting process are taking long time & farmers are subjected to mosquito biting, latex sticking to skin / hair (free waxing) & offensive odor. For palm oil harvesting, the harvester can be hired. The farmers only sit on motorbike or ATV to look see, look see. Imagine the amount of time & hard work reduces in rubber & palm oil cultivation.

In the years to come, more and more rubber farms will be replanted by palm oil. The supply scarcity is permanent due to demographic change on the nature of rubber cultivation vs palm oil cultivation. Just drive around all the famous rubber townships nowadays vs the time of 80s to 90s, you see more palm oil farms compare to rubber farms.

It is inevitable because farmers are getting smarter.

Intense competition is one for the Evolve Mall. In order to pull crowd, they are getting the branded businesses / outlets to occupy their spaces. This kind of arrangement will definitely come with the costs. http://evolve-my.com/store-guide/

1.F.O.S
2. H&M
3. Jaya Grocer
4. Celebrity Fitness

When you are not like Mid Valley or 1 Utama, you don't select your tenants, the tenants select you with conditions. I believe one of the condition for these branded name to come are the free rental & free utilities condition until the mall have fulfilled the mix match of the tenancies within the mall which will in turn pull the crowd to the branded business.

This could be the reason the Evolve Mall is bleeding - imagine you are letting them running business for free rental with free air condition until you get the correct mix matches of the tenants only before you can bill them the rental.

I suppose they might be desperately trying to get an entertainment outlet like Cinema in. MBO opened at Citta Mall, I doubt they will come in. GSC & TGV are picky, I doubt they will come. Left with Lotus Five Star . https://en.wikipedia.org/wiki/Category:Cinema_chains_in_Malaysia

Disposing this mall at premium price will not be an easy task.

Buaya King can be killed so easy...then the title for "king" a bit over rated.

Time I have a plenty. Patient, I can perform moving meditation all day long until everyone fall asleep of boredom. We come back after another 3 months, 6 months, 9 months & 12 months.

kikikiki

riko - arigato

at present price & parameters, i think it would attract both value & growth investors

@Mohamad Jeffrey

"I think it is clear now that Mikromb products are mainly protective relay, not circuit breaker.
http://www.itmikro.com.my/Contents/view/10" - this statement is correct.

Protection relay is used to trip current leakages to prevent electrocution. Most of the time the current setting limit is very low.

"Its major products are protective relays, which prevent the electrical system from being damaged in the case of a sudden surge of current or a damaged cable" - this statement is not so correct in my opinion.

Sudden surge / damaged cable is term as over current = when current running in cable exceed the selected cable size / circuit breaker size. The over current protection normally is the function of the circuit breaker.

I'm also not an electrical engineer , I just listen to my friends story telling whenever I'm meeting them.

@ Mohd Jeffry

You are welcome. I'm also still learning, paiseh paiseh. Second corrective statement "Its major products are protective relays, which prevent the electrical system from being damaged in the case of a sudden surge of current or a damaged cable."

Protection relays are for tripping of power source due to current leakages not over current, refer here https://en.wikipedia.org/wiki/Protective_relay.

The devices that protect over current are called circuit breakers, refer here https://en.wikipedia.org/wiki/Circuit_breaker

There are different type of circuit breakers ranging from MCB, MCCB, ACB etc.

@Mohamamad Jeffrey Ismail

The statement "brand like Schneider Electric and Siemens" was misleading. If you want to know what brands are acceptable in the local market. Please refer to JKR/Emal list as following : https://jmal.jkr.gov.my/emalv3/index.php?r=LBarang/adminutama&id=EE03120

Delab & Mun Hean are the close competitors. For Government related agencies project, non-Emal material approved list will not be accepted for construction material.

Actually this mechanism existed long long time ago, mechanism invented by our ancestors. It was known as "Kutu" or "Hui Chien". Only in recent days, it is re-term as P2P lending.

Or course there are some differences but the mechanism still work on similar basis = crowd funding. This crowd funding quite useful actually if utilize in discipline manner.

Stock: [DBE]: D.B.E. GURNEY RESOURCES BHD
Mar 14, 2017 09:43 PM | Report Abuse

Move on and go somewhere else. Money lost can earn back but time lost, you will regret forever. Today Ambank IB have written something on E&E sector and so coincident this year is Fire Rooster year, where Fire element are related to electric / current.That thematic play on E&E is so worldwide. Heaven arrangement, we don't refuse it. There is more efficient and productive way to make money in E&E sector now over poultry. The thematic bull on E&E is so powerful & vigorous this year. Just to name a few

1) Penta
2) Elsoft
3) Vitrox
4) Unisem
5) MPI
6) Globetronic

As per Mar 14,2017 to current June 14, 2017

1) Penta 2.04 to 3.72 , 82.3% gain
2) Elsoft 1.78 to 2.52 , 41.5% gain
3) Vitrox 4.42 to 7.00 , 58.3 % gain
4) Unisem 2.96 to 3.59, 21.2 % gain
5) MPI 10.08 to 13.22, 31.2% gain
6) Globetronic 4.76 to 6.10 , 28.2% gain

Mar 14 to June 16 - 1 post only. So productive.

You all everyday repeating same posts over & over, complaining over & over, chanting daily from Mar 14 to June 16. So counter productive.

DBE) 0.035 to 0.03 , -14.3% losses. 90 days gone

1 more quarter of improve earning in coming month, it should be in motion

The products offered by the company is highly related to property sector.

Group 1 Share %
Koon Yew Yin 95,262,300 19.76
Tan Kit Pheng 39,914,600 8.28
Total 135,176,900 28.05%

Group 2
Ang Lam Poah 40,147,902 8.33%
Dato' Razali Merican bin Naina Merican 26,121,000 5.42%
Dato Ang Ken Seng 4,329,559 0.90%
Dato Ang Ken Seng - Ambank 5,000,000 1.04%
Jamian Bin Mohamad @ Md. Semaal 5,000,000 1.04%
EPF- Philip Capital Management Sdn Bhd 10,072,600 2.09%
Kumpulan Wang Persaraan (Diperbadankan) 8,894,600 1.85%
Employees Provident Fund Board - Citi 15,500,000 3.22%
Chen Cheong Fat 5,061,600 1.05%
Recent private placement 43,836,100 9.09%
Total 163,963,361 34.02%

Group 3
Beh Eng Par 6,385,200 1.32%
Lee Hau Hian - KLK & Batu Kawan Boss 5,390,000 1.12%
AIA Bhd 21,286,300 4.42%
Allianz Life Insurance Malaysia Berhad (MEF) 16,230,200 3.37%
Philip Capital Management Sdn Bhd 13,966,006 2.90%
Kumpulan Sentiasa Cemerlang Sdn Bhd 9,196,400 1.91%
Great Eastern Life Assurance (Malaysia) Berhad 8,782,200 1.82%
Manulife Global Fund-Asian Small Cap Equity Fund 7,654,900 1.59%
Bank of New York Mellon 7,509,500 1.56%
Dimensional Emerging Markets Value Fund 6,607,200 1.37%
Kenanga Growth Fund 6,576,600 1.36%
Standard Chartered Bank Singapore Branch 6,000,000 1.24%
Affin Hwang Asset Management Berhad 4,868,900 1.01%
Legg Mason Western Asset Southeast Asia Special Situations Trust 4,692,700 0.97%
Affin Hwang Asset Management Berhad 4,478,700 0.93%
Great Eastern Life Assurance (Malaysia) Berhad 4,349,700 0.90%
Allianz Life Insurance Malaysia Berhad 4,320,100 0.90%
Total 138,294,606 28.69%

Grand Total ( Group 1 + 2 + 3) 437,434,867 90.75%

The above shall be the close approximation of shareholding % at present with assumption that the shareholders less than 5% did buy & sell from Annual Report 2015.

I hope not = you could not eliminate the possibility of them doing so.

You need to take it into consideration. Before March 2008 - KDEB hold 10.23%. At that time, BN was still in control on Selangor State. Post GE 2008, KDEB trimmed their holding to 0% by 2012.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1475293
http://www.bursamalaysia.com/market/listed-companies/company-announcements/3014865

I think you like it or not, Jaks are political related, you might want to look it from this angle.

Remember what happened to Supermax - Stanley Thai on his company valuation due to the political factor

https://www.pressreader.com/malaysia/the-star-malaysia-starbiz/20170318/281539405771342

Jaks is a BN's friendly company as per unofficial info I received, any reason Mr.Andy Ang want to enrich Mr.KYY who is supporting opposition, in this short term of time when election is speculated to be around the corner ?

They have MCA proxies & UMNO proxies within the company. Dato' Chor Chee Heung ( MCA ) used to be on of the independent director. http://www.bursamalaysia.com/market/listed-companies/company-announcements/3263329

Dato' Razali Merican Bin Naina Merican is abang-adik to Ahli Parlimen Kepala Batas Datuk Seri. Reezal Merican Naina Merican. http://mimpi-senja.blogspot.my/2014/07/adik-beradik-naina-merican-ahli_15.html

There have been a lot of opinions given post Mr.KKY acquisition on 22/2/2017 & announcement of quarterly result of 1/3/2017.
Could this revenue be deffered another round this coming May 17 on purpose just for certain purpose ?

I think it is very dependent on how you want to play call / put warrant and the experience you have gone through over years.

1)To say that the premium, time value and gearing are not important, is totally not true also.

If one were to enter the battlefield without even knowing how to perform the basic calculation, most of the time, the traders will end up being exploited. There was one time,many many moons ago, when DRB Hicom just started to surge - it should be somewhere around year 2010-2011 of observation, there were many CWs and PW issued by IBs. All the CWs were surging and surprisingly the only PW issued was also surging.

The surged lasted for few days until the major press made the article about the phenomenal PW surged when the mother share was rising. Only then, the PW started to
behave normally again. However, by that time, those who bought the PW without even know the basic of the instrument have been exploited. Hence, the basic knowledge of the instrument is essential.

2) If you were buy the CWs or PWs and hold until expiry, the premium or discount value are important. You do not want to overpay the premium or if possible, you want the instrument to be in discount as much as possible. I hold the CWs until expiry a few times. The experiences were not the pleasant - the settling price will be exploited by the IBs. Ever since, I do not hold the CW or PW until expiry, the premium / value and discount value is no longer that significant to short term trader like me. Back to the point, the premium / discount is important if you hold till expiry but it is not significant if you are doing a short term trade.

3) Do not be overjoyed if you are getting the CWs in low premium or discount. If you are getting the low premium or discount underlying, most of the time,
the low premium or discount is associated with the close to the expiry or worst, it is associated with the unfair/lousy market making by the issuer. If you have battled the IB one on one, only you versus the IB ( low volume CW ). When the mother share surge, the underlying bidding did not move and the gap between bid for sell and buy become wider & wider. In the end, you have to sell CW back to issuer at discount / low premium to make the chicken feet profit due to the unfair market making acitvity & there is no one else buying in. By going for the highest volume, you can eliminate the issue of the wide range bidding. In CWs trade, we go by 100,000 units by 100,000 units, every single bid of RM 0.005 counts. By going for the highest volume,the trader stand more chance against the crowd rather than battling the IBs in the lone battle. Hence, Stockmanmy's statement to go on highest volume do hold some merit.

4) However, the item under item 3) will not be an issue at all is you are playing against a fair market maker. The ranking of fairness of market making activities from my personal experience :-

1st - Macquire Capital
2nd - CIMB Investment
3rd - RHB Investment
4th - KIBB, AMBank, MIBB = kelentong category.

If one have gone through the process over and over from 2) to 4) with the check on item 1). Eventually, you will go for the highest volume CWs.

You will realize that from the experience, you will not hold you instruments until expiry - to prevent exploit by IBs 5 days weighted average volume closing to determine the settlement price. Hence, premium & expiry date become less significant. You will also realize that after some time, those who are well
informed or knowledgeable will do the selection after considering item 2) & 4), eventually they will decide which CW with the highest volume - you just do
final verification and most of the time will follow the crowd.

The conclusion = it all depends on they way you are playing and the experience

The above are my personal point of views.

The limit up was due to the MOU inked between Alibaba & Catcha Group for the establishment for Kuala Lumpur Internet City (KLIC). It went unnoticed probably because Catcha Media Bhd have renamed the Company name to REV Asia. REV Asia is one of the company under Catcha Group. http://www.catchagroup.com/companies/

The privatized UAC Bhd should indirectly benefits ( dry wall system). UAC privatized, Boustead Holding Bhd is still a listed entity holding UAC.

Jack Ma visiting Malaysia this week, load the CWs. Play on "Jack Ma Fuel" within this week.

Move on and go somewhere else. Money lost can earn back but time lost, you will regret forever. Today Ambank IB have written something on E&E sector and so coincident this year is Fire Rooster year, where Fire element are related to electric / current.That thematic play on E&E is so worldwide. Heaven arrangement, we don't refuse it. There is more efficient and productive way to make money in E&E sector now over poultry. The thematic bull on E&E is so powerful & vigorous this year. Just to name a few

1) Penta
2) Elsoft
3) Vitrox
4) Unisem
5) MPI
6) Globetronic

We have the positive comments and we have the negative comments,
It is a reflection of how the Ying & Yang coexist together,
A negative comments should not be avoided just because it is unpleasant,
Both positive and negative comments should be taken into consideration by the investor,
If the comments have element of hope / wishful element, it should be put aside,
A mind that is not at peace ( element of hope / wishful ) will not help the investor to make a sound decision.

If downstream ( F&B) not doing well, how is controlling upstream ( raw material ) going to help ?

Not enough capital just raise fund from who? Investors who are staying positive in this forum ? The captain will not get a single cent from a well informed investor. Investor invest to get money from the company, not opposite way.

Charismatic leader ? He is taking almost RM 450k per annum as his salary if you refer to the audited report 2015. Company in dire condition he took RM 0.45 mil annually. Not only captain, got another director taking similar amount annually. He really treating you all as his gods of prosperity. No fund raise again & again to pay his pocket. I think he will be the happiest man to see all the support in this forum except this post.

When the participant in the forum posted the CEO too young, it triggered me. I always believe age should not be used as the measurement of the individual capabilities but the experience & background more important. So I go check check

http://www.hexza.com.my/company_annoumcements/011116_00001.pdf

Walao er....The new CEO : MR GARY GOH SOO LIANG, Age 32

Working experience and
occupation

He started his career as an investor relations consultant in Singapore
and spent 3 months in Corporate Finance Department of OSK
Investment Bank Berhad. Subsequently, he joined RHB Investment
Bank Berhad ("RHB") in 2010 advising government-linked and
corporate clients on fund raising and equity strategies. He left RHB
in October 2016 as Section Head of Equity Capital Markets
Department.

The captain only have experience in finance industry, how to know the chain supply & distribution?? latest earning result, he really make use his past experience for cosmetic touch up on quarterly result. Well done.

Unfortunately cosmetic touch up is not the one I'm looking for. I prefer quality earning on fundamental business - the growth on revenue & improve in earning margin.

"Words of truth are not pleasing. Pleasing words are not truthful" - Lao Tzu

Harumi not doing very well la. You all go to have a dine in to experience yourself.

1) The location of Harumi Outlet is pathetic . Go have look at the location of Harumi at Jalan PPMP 3/3 - the 1st outlet at Manjung. Located at secondary lane / concealed behind main road. The crowd pulling capability even lose to the mamak/nasi kandar shop lor. All the serious F&B operators like McDonald, Old Town, mamak / nasi kandar, Papa Rich are taking up the location facing the main road - easily being notice , crowd pulling.

2) The patrons during weekend peak hour, 6pm time. 2 patrons only.....The restaurant is taking up 2 units of shop lot with 7 staffs, fully aircond, fully furnished with F&B funiture.With 2 patrons only during peak hour on weekend, like that very very hard to survive lor.

3) Food quality = something like Uncle Bob which you can get from SS2 pasar malam but at more expensive price. Quality wise, lose to Uncle Bob, lose to Taiwan Shihlin boneless chicken. Chicken portion smaller than Uncle Bob or Taiwan Shihlin Street Food but selling at almost same price. No unique selling point.... say food good, so so so only lar. Sa food cheap, not cheap at all, other ppl give better portion. For your info, Taiwan Shihlin Street Food franchise in Aeon Manjung gulung tikar in less than 1 year time lor. You know why?

4) Manjung small town, birth place of DBE Gurney, the living expenses so cheap. You ask the residents there go eat Harumi Chicken costing RM 8-10 per meal where they can get a plate of kam pua mee at only RM 3++ big bowl .....The town got no target group (youngster / students ) to support the sales la. All the young people go to somewhere else.....That was one of the reason why Taiwan Shihlin gulung tikar so fast. Taiwan Shihlin opened inside Aeon Manjung, crowd pulling, food quality better but still failed. Now DBE are tyring Harumi at less advantage location + less advantage food taste. Captain with good vision.

Do business not serious lor = hangat-hangat tahi ayam , selecting secondary lane to save money. Forking out full fledge F&B franchise upfront model to have dining area like KFC or McDonald but to conquer the pasar malam Uncle Bob share market. 1st outlet half dead fish , planning to open more outlets.

Conclusion = Harumi going to fail......How to beat McD, KFC, Old Town , Papa John, Uncle Bob ?

Got la, at least 1 good thing la. Peaceful dining area because the you are occupying almost the whole restaurant when you dine in.