Posted by Lukesharewalker > 2018-06-07 23:58 | Report Abuse

with savings in forex interest also lower profit...shows very low margin...bad product

Posted by calvintaneng > 2018-06-08 00:05 | Report Abuse

READ AGAIN CAREFULLY LAH

IT WAS MARK DOWN DUE TO PPE DEPRECIATION OF OVER RM23 MILLIONS

(ii) higher depreciation costs arising from enlarged machinery base which the machineries were not operating at maximum capacity level;



SEE

Depreciation of property, plant and equipment RM23,765,000. (WOW! RM23.7 MILLIONS DEPRECIATION FOR PPE?)

WHY THE URGENCY TO DEPRECIATE FAIRLY NEW MACHINERIES? WHY DIDN'T AIRASIA & AAX DEPRECIATE THEIR PLANES? WHY EG ASSETS SHOULD GO INTO DEPRECIATION SO FAST?

AUDITOR/ACCOUNTANT OVER DID IT?

Posted by joetay > 2018-06-08 00:05 | Report Abuse

time to short sell this share,

btw, thx so much for mrcb.

i save my capital to buy more at better price.

lol.............

Posted by calvintaneng > 2018-06-08 00:07 | Report Abuse

SUPPOSE THEY DIDN'T MINUS OFF RM23 MILLIONS FOR PPE MARKDOWN?

HOW THE PROFIT WILL EXPLODE UPWARD?

Posted by calvintaneng > 2018-06-08 00:11 | Report Abuse

HMMM/

IF THEY JUST POSTPONE PPE MARKDOWN

AND ADD BACK RM23.7 MILLIONS TO EG BALANCE SHEET?

THEN LAST QR PROFIT WILL BE

9.69 SEN

WUHUHU!!!

Posted by joetay > 2018-06-08 00:16 |

Post removed.Why?

Posted by calvintaneng > 2018-06-08 00:25 | Report Abuse

MRCB? JUST LOAD UP AS IT WILL REBOUND TO RM1.00

Posted by joetay > 2018-06-08 00:28 |

Post removed.Why?

Posted by calvintaneng > 2018-06-08 00:31 | Report Abuse

REGARDING PPE MARKDOWN

IN SKBSHUTTER THEY MARK DOWN BUILDING TO RM1? OR A MERE RM1,000?

LAST TIME I TENDERED SOME COMPANY CARS FROM L&G.

AFTER MAKING PAYMENT (RM THOUSANDS OF RINGGIT) THE GM SHOULD ME THE BOOK VALUE

THE MOTOR VEHICLES WERE MARKED DOWN TO ONLY RM1 EACH

IN 5 YEARS THEY DEPRECIATE THEIR CARS TO RM1.00 LAST TIME

SO THE MARKDOWN OF EG PPE BY RM23.7 MILLIONS DOES NOT MEAN THAT ALL ARE LOST.

THERE MAY STILL BE RESIDUAL HIDDEN VALUE.

FOR THIS ONLY INSIDERS ARE PRIVY TO.

SO WHILE OUTSIDERS WHO DO NOT HAVE ALL THE TRUE FIGURES MIGHT BE SELLING AND GIVING UP HOPE.


INSIDERS WHO "KNOW" THE TRUE STATUS ARE GOBBLING UP!

Posted by joetay > 2018-06-08 00:32 |

Post removed.Why?

Posted by calvintaneng > 2018-06-08 00:37 | Report Abuse

CALVIN GOT MARGIN CALL?
ONLY INVESTED 5% OF MY SPARE CASH IN STOCK HOW TO KENA MARGIN CALL?

WAHAHA!!!
NOW IS THE TIME FOR CALVIN TO USE THE OTHER 95% CAPITAL TO BUY OVERSOLD CHEAP CHEAP BARGAINS

WUHUHU!!!
SO HAPPY NOW!

Posted by joetay > 2018-06-08 00:39 |

Post removed.Why?

Posted by calvintaneng > 2018-06-08 00:39 | Report Abuse

ENOUGH FOR NOW

GOOD NIGHT EVERYBODY...

ZZZZZzzzzzz,,,,,....

Posted by joetay > 2018-06-08 00:42 |

Post removed.Why?

Posted by calvintaneng > 2018-06-08 00:49 | Report Abuse

Thought i am dreaming

GSB UP 100% from 9 sen buy call to a high of 18 sen today!!

OPCOM UP FROM 35 sen to rm1.17 recent high. A jump of 200%

Thought i was dreaming?

BUT WAKAKA!!!

IT'S REAL!!!

WILL EG ALSO GO UP 100%?

WILL IT BE REAL?

HUHUHU!!!

SO GOOD.


MUST GO BACK TO SWEET SWEET SLEEP....


ZZzzzz,,...

Posted by joetay > 2018-06-08 00:52 |

Post removed.Why?

Posted by apolloang > 2018-06-08 01:23 | Report Abuse

datuk calvin,why u didn't recommend ken instead of eg? ken NTA 1.69,dividend 2.5cts,also director holding 46.71%. are u bias cos u don't have ken that's why u didn't write about it?

Posted by TheContrarian > 2018-06-08 01:37 | Report Abuse

Ken has material litigation, lose case mampus.

Posted by Patron > 2018-06-08 04:51 | Report Abuse

venfx will agree with this one.

Posted by calvintaneng > 2018-06-08 08:29 | Report Abuse

GOOD MORNING

APOLLOANG

As PH Govt going to launch 1 million affordable houses in its manifesto i think property stock like Ken might just be mediocre.

Posted by calvintaneng > 2018-06-08 08:39 | Report Abuse

Oh yes one property stock i like is Mp Corp.

Mp Corp is now totally bombed out and smashed down!

At 8 sen current price with Real Net Net Value of at least 40 sen pure Cash( if all Assets liquidated) after deducting debts from all lawsuits

8 sen?

Yet very few dare to buy.

Because of endless bad news from lawsuits.

So buying Mp Corp at current sentiment is just like buying Masteel at 35 sen when things were bleak.

Or buying Focal Aims(Ecoworld) at 11 sen in year 2009?

Only those with nerve and heart of steel will dare to buy Mp Corp.

Posted by apolloang > 2018-06-08 09:34 | Report Abuse

uems also property stock,so don't buy uems also is it?

Posted by apolloang > 2018-06-08 09:43 | Report Abuse

datuk calvin don't be bias toward the stocks u didn't buy and don't just write stocks u only bought

Posted by hollandking > 2018-06-08 09:44 | Report Abuse

steady

Posted by apolloang > 2018-06-08 09:53 | Report Abuse

mpcorp already kena PN 17 and a property stock,don't think can move up.out of 10 PN 17 stocks maybe 1 can move up only.also in danger of capital reduction

Posted by calvintaneng > 2018-06-08 09:54 | Report Abuse

UEMS?

I LIKE THIS ONE.

WITH LANDBANK VALUED AT ONLY RM5.80 Psf

UEMS IS GUARANTEED TO MAKE PROFIT JUST BY SELLING RAW LANDS FROM RM40 PSF TO RM120 PSF

YET UEMS GOT LOUSY RESULTS?

ANOTHER CORRUPTED MANAGEMENT LIKE PERAK CORP OR 1MDB?

PH GOVT MUST GO SEARCH ALL UEMS DIRECTORS' HOMES.

BETTER BE CAREFUL FIRST!!

Posted by calvintaneng > 2018-06-08 09:57 | Report Abuse

CALVIN IS NOT BIAS AGAINST VALUE.

WHEREVER THERE IS BOMBED OUT STOCKS WITH HIDDEN DEEP VALUE OF POTENTIAL CALVIN WILL BE INTERESTED


WHEN 99% OF THE PEOPLE HAVE GIVEN UP ALL HOPE?

THEN CALVIN THE CONTRARIAN WILL BE INTERESTED


AND WHEN 99% OF THE PEOPLE CHASE MISS UNIVERSE STOCKS AT TOP TOP PRICES AT PEAK?

CALVIN WILL LIKE THE PLAGUE!!!

Posted by calvintaneng > 2018-06-08 10:03 | Report Abuse

Corection

CALVIN WILL AVOID POPULAR MISS UNIVERSE STOCK LIKE AVOIDING THE PLAGUE!!

AS FOR MP CORP

2 THINGS ARE ONGOING

1. SOME PARCELS OF LANDS HAVE BEEN SOLD FOR CASH.

2. JV WITH BPURI TO BUILD 300 LANDED HOUSES IN TMN NUSA DAMAI.

PLACE IS NAMED PURI RESIDENCE
MORE THAN 50% SOLD ALREADY


SO MP CORP GOT GOOD FIGHTING CHANCE TO

HAM YI FAN SANG?

Posted by apolloang > 2018-06-08 10:07 | Report Abuse

bina puri also a property stock,u already mention avoid property stock why gonna buy bina puri? ken is better than uems and bina puri got 2.5cts dividend,uems only give 1ct and bina puri zero dividend since 2015

Posted by calvintaneng > 2018-06-08 10:10 | Report Abuse

BINA PURI IS BN STOCK
SO ON HOLD AND NO MORE FURTHER BUYNG AFTER ELECTION LOST.

NOW SWITCH TO PH STOCKS LIKE OPCOM AND BJ CORP

APOLITICAL HIGH DIVIDEND STOCK LIKE TA ALSO WORTH A BUY.

Posted by apolloang > 2018-06-08 10:15 | Report Abuse

kuih TALAM and L&G also property stocks,what's ur comment?

Posted by Patron > 2018-06-08 10:18 | Report Abuse

Tan End will always spin spin spin and tell you all the indian stories. wtf.

Posted by apolloang > 2018-06-08 10:24 | Report Abuse

I still remember what datuk calvin tell us what to buy since I join I3....all in my head,u wanna me spill the beans? hehe

Posted by calvintaneng > 2018-06-08 10:36 | Report Abuse

L&G AND TALAM AND MRCB

STILL HOLDING.

L&G WILL BE GIVING A NICE 1.5 SEN DIVIDEND.

NO ADDITIONAL BUYING FOR THE TIME BEING.

AS I SAID BEFORE..

AFTER PH COMES INTO POWER THESE STOCKS WILL BE AFFECTED

CONSTRUCTION STOCKS. AUSTERITY DRIVE WILL BE ON FOR AT LEAST ONE OR TWO YEARS

SO LONG STEEL AND CEMENT COUNTER WILL BE AFFECTED.

YTL GOT YTL CEMENT INSIDE. SO BE CAREFUL.
YTL POWER IS OK AS IT IS DEFENSIVE. STILL GOT ANOTHER 5 SEN POSSIBLE DIVIDEND COMING FOR YTL POWER


PROPERTY STOCKS WILL BE IMPACTED AS PH GOVT WILL FLOOD MALAYSIA WITH 1 MILLION AFFORDABLE HOUSES.

PROPERTY STOCKS BUILDING LOW AND MEDIUM AND LOWER RANGE HOUSES IN LINE WITH PH MANIFESTO WILL STILL BE OK. SO L&G, TALAM SHOULD BE OK.

TRY TO LOOK FOR UNRELATED STOCKS IN OTHER INDUSTRIES SOLD DOWN UNTIL VALUE HAS EMERGED

EG INDUSTRIES IS ONE OF THEM

EG IS EXPORTING ELECTRICAL AND ELECTRONIC PRODUCTS OVERSEA.

IT HAS OPERATION IN THAILAND

AS MALAYSIA GOING TO RAISE MINIMUM WAGE TO RM1,500 THAILAND OPERATIONS FOR EG SHOULD BE OK

Posted by apolloang > 2018-06-08 10:38 | Report Abuse

no wanna buy affordable houses,no resale value also 5 or 10 years cannot sell.useless and no class

Posted by apolloang > 2018-06-08 10:42 | Report Abuse

my fren joint venture wif mppp develop a 500 mil affordtable apartments penang ask me wanna invest 1 unit,i tell him no thank you....hehe

Posted by calvintaneng > 2018-06-08 10:49 | Report Abuse

PH govt now takes care of poor voters who booted out BN. And affordable houses, free water are on.

So game plan has changed.

So we must change with the changing of the times.

NOW MUST SEEK OUT OTHER VALUE GROWTH STOCKS IN OTHER INDUSTRIES.

OF COURSE NTA AS A MARGIN OF SAFETY WILL ALWAYS BE THE IMPORTANT ANCHOR

Posted by VenFx > 2018-06-08 10:56 | Report Abuse

Calvintan's point of view are truth facts and genuinely sharing lar . 
Keep it up, Calvin.

Maybe u can touch a bit of the Retaining profit part... going to enlighten us here.

Posted by apolloang > 2018-06-08 10:57 | Report Abuse

ken condo very cantik,only in kl and Johor if penang got I buy 1 unit. affordable apartment not nice,no resale value,cannot sell for 5 or 10 years,very crowded

Posted by apolloang > 2018-06-08 11:02 | Report Abuse

one of my aunt bought a house in jalan telawi bangsar and her fren condo in ken bangsar very cantik....hehe

Posted by apolloang > 2018-06-08 11:06 | Report Abuse

PH opcom I already money in my pocket a few rounds already,also just sold a few days ago at 90.5cts,no want liao,wait drop 1st and see,eden and ewein also make liao....hehe

Posted by joetay > 2018-06-08 11:14 | Report Abuse

opcom reminds me of iwc, bro apolloang.

moves up fast but also down fast.

got real lucky on the stock to sell out average 2.40, bot was ard 78sens.

lol...........

Posted by apolloang > 2018-06-08 11:20 | Report Abuse

no lah bro joe,now consolidation time,i will wait and see 1st....later better take 3 chicks,buy popcorn and go see jurrasic world.....hehe

Posted by VenFx > 2018-06-08 11:22 | Report Abuse

Hihi ,
From Golden Goose to Phoenix...

$1.60 ?
Am i too overhyped ? I bet no one agree on me.

Posted by joetay > 2018-06-08 11:24 | Report Abuse

i go for safer bets since they r aplenty in the mkt now, bro apollo

some of the major infra and property stocks r looking good.

just dont take those with large exposure to iskandar/hsr.

Posted by apolloang > 2018-06-08 11:29 | Report Abuse

no bn stocks for me for now cos later if jibby kena charged will down more

Posted by joetay > 2018-06-08 11:33 | Report Abuse

agreed, bro.

now is good time to look for stocks with good fundamentals, not political linkage.

can see plenty in the infra and property sector s now, thats why i looking to add/buy in some quality ones.

just not uems since very heavily exposed to iskandar and ahmad zaki.

Posted by Patron > 2018-06-08 11:35 | Report Abuse

Posted by Patron > Jun 8, 2018 04:51 AM | Report Abuse X

venfx will agree with this one.

see what i said this morning. LOL

Posted by joetay > 2018-06-08 11:39 |

Post removed.Why?

Posted by calvintaneng > 2018-06-08 11:41 | Report Abuse

VenFx,
I think EG already stated Retained Profits.

About Rm100 Millions retained profits i think?

Unlike so many asking cash calls have retained losses EG has good retain profits.

After Last RI Revenue jumped up over 40% to reach Rm1 Billions for a new record.

The cash calls being deployed will show up in even more revenue and profits later.

As Insiders and Directors are privy to latest development they are taking up position