Posted by YiStock > 2016-05-24 09:19 | Report Abuse

Zeff, allow me to share my opinion:

1. all above companies i believe do have either both/negative foreign currency exposures along the way depending on the receivable/deposit/payable/loan. However, these company has demonstrated their ability to mitigate their net forex risk. We should feel safe to put our money with them.

Posted by YiStock > 2016-05-24 09:20 | Report Abuse

2. I don't feel surprise with the SLP and BPPLAS price moving up simply because the PE has already corrected for past few months which i treat it as correction to the forex gain. Latest Slp and bplas core profit are actually good if not better. The share price should continue to move up as their expansion are not end yet.

Posted by YiStock > 2016-05-24 09:20 | Report Abuse

3. Tguan share price correction is not justifiable to me. But i suppose market always move in same direction generally.

Posted by YiStock > 2016-05-24 09:44 | Report Abuse

further more, management already give very positive note to the result expectation

Posted by YiStock > 2016-05-24 09:44 | Report Abuse

Q1 2016 is expected better than Q1 2015

Posted by YiStock > 2016-05-24 09:45 | Report Abuse

the operating margin of Q1 2016 should be at least 6% better than Q1 2015

Posted by YiStock > 2016-05-24 09:47 | Report Abuse

if you use RM 160 mil as based case, that is additional RM 9.6 mil additional profit. Added up RM 4.6 mil of Q1 2015, that should work out at least RM 14.2 million profit.

Posted by YiStock > 2016-05-24 09:47 | Report Abuse

Anyway, just my guesstimate figure

Posted by chankp7010 > 2016-05-24 10:00 | Report Abuse

A well researched and insightful article. Hope what you had written is in line with the results very soon to be released by TGuan.

Posted by riskabsorber > 2016-05-24 11:17 | Report Abuse

Hi YiStock, Q1 2016 is expected better than Q1 2015. But, if compare with Q4 2015 ?

Posted by chankp7010 > 2016-05-24 11:22 | Report Abuse

I also appreciate YiStock's point of view. Very well spoken and also in line with my thinking. YiStock, Please continue to write more articles on TGuan after the quarter result. Thank you in advance.

Posted by YiStock > 2016-05-24 15:21 | Report Abuse

I only pray for 10 mil profit. Always expect the unexpected.

Posted by chankp7010 > 2016-05-24 16:13 | Report Abuse

For YiStock, last quarter pretax and after tax profit are 18.1 and 16.2 millions respectively. If RM10/- after tax profit is achieved, then it would not have increase 6% as per your comment earlier, unless you tabulate the figure for the whole of next year.

Posted by YiStock > 2016-05-24 16:20 | Report Abuse

chan, 6% is the % or margin. If the revenue registered is lower, i expect the quantum of impact to net profit will be greater. % margin and dollar value always not moving in tandem. That is the key risk. Also i'm refering to Q1 2015.

Posted by zefftan > 2016-05-24 20:13 | Report Abuse

Thanks for the valuable comments

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