Posted by VenFx > 2019-03-10 11:31 | Report Abuse

谢谢 Ahuat50
如此简单明白
的 梯增值 文章。

Posted by (S = Qr) Philip > 2019-03-10 11:58 | Report Abuse

Which is why I pointed out the fact that topglove is adding more production lines, more expansion, more r&d, more cost reduction activities, more improvement.

Hartalega is giving up 240 million every year from 400 million in earnings and giving it out as dividends.

TOPGLOV is giving out 190 million out of 400 million earnings, and using the retained earnings to grow bigger and extend its moat and improve its business.

TOPGLOV is cheaper to buy, and has better mix than HARTA.

I'm content to bet on this horse for the long term.

Posted by stockraider > 2019-03-10 12:08 | Report Abuse

Please understand this things loh....!!


Posted by (S = Qr) Philip > Mar 10, 2019 11:58 AM | Report Abuse

Which is why I pointed out the fact that topglove is adding more production lines, more expansion, more r&d, more cost reduction activities, more improvement.
1. ADDING MORE CAPACITY MEANS CREATING MORE PROBLEM TO THE ALREADY GLUT OF RUBBER GLOVES AND ITS SELLING PRICE AND THIS WILL IMPACT ITS PROFIT & MARGIN MAH...!!

Hartalega is giving up 240 million every year from 400 million in earnings and giving it out as dividends.
TOPGLOV is giving out 190 million out of 400 million earnings, and using the retained earnings to grow bigger and extend its moat and improve its business.
NO BIG DEAL MAH..counter like hartalega and topglove pays div about rm 400m a yr bcos their mkt cap already exceeded rm 11 billion mah, this translate to a modest div yield of 3.7% pa loh...!!

TOPGLOV is cheaper to buy, and has better mix than HARTA. Not true their valuation of Harta almost the same as topglove but 1 thing is for sure harta is more efficient as its ROE is much higher loh..!!

I'm content to bet on this horse for the long term.
IF U HOLD LONG TERM U GET NORMAL RETURN & NOT OUTSTANDING LOH..!!

BETTER TO EXPLORE SOME OTHER INVESTMENT AVENUE LIKE INSAS LOH...!!

Posted by VenFx > 2019-03-10 12:09 | Report Abuse

哈哈， Harta being innovative with their new products has a additional mark.
Both are good.

Posted by Abismail > 2019-03-10 12:12 | Report Abuse

Next 5 or 10 year harta will produce 100% amg glove..topglove.supermax and kossan will take market share for nitrile glove that left by harta...i think next move for top glove to buy UG healtcare to compete with harta in amg glove ..harta already in new level for amg glove that not many competitor....

Posted by AhHuat50 > 2019-03-10 12:21 | Report Abuse

Good.

Posted by (S = Qr) Philip > 2019-03-10 12:36 | Report Abuse

Please open annual report for all the producers and check trade journals. Rubber glove market is a disposable product which needs to be replaced every time you use it. The entire world market is growing by more than 10% yearly for the past 10 years. Mature markets( USA, Japan) are growing slower, but the other markets are growing by 30+%.
Please open page 27 of the annual report la SOHAI.

Stop posting your nonsensical remarks ( in ALL CAPS nonetheless) and stay away from my blog. I wrote it. You are not welcome. Go away stockraider. And stop asking me to buy shit like INSAS.

>>>>>
1. ADDING MORE CAPACITY MEANS CREATING MORE PROBLEM TO THE ALREADY GLUT OF RUBBER GLOVES AND ITS SELLING PRICE AND THIS WILL IMPACT ITS PROFIT & MARGIN MAH...!!

Posted by stockraider > 2019-03-10 12:42 |

Post removed.Why?

Posted by (S = Qr) Philip > 2019-03-10 13:18 | Report Abuse

Revenue is all time high la stupid SOHAI. Disposable product how to become cyclical bodoh? You think petronm with scheduled shutdown? Do you even know what is cyclical business? You stupid or something? Annually every year HARTA and TOPGLOV did better than the previous year for upteen years. Stick to your sapura and INSAS, you brainless office boy.

I repeat, don't pollute my blog. Or I will have to shut down replies again.

My blog is for people who seek knowledge, not those who shut their brain and repeat useless information.

GO AWAY.

Posted by stockraider > 2019-03-10 13:21 |

Post removed.Why?

Posted by lazycat > 2019-03-10 13:25 | Report Abuse

long num.. ur pchem recommendation look good , i think i'll buy it soon

Posted by (S = Qr) Philip > 2019-03-10 13:38 | Report Abuse

Really brainless SOHAI

Topglove net profit

2014 183million
2015 281 million
2016 362 million
2017 330 million
2018 437 million

What part of net profit is collapsing you sohai idiot.

STOP MISLEADING MY INVESTORS AND FAMILY WITH FALSE INFORMATION THAT IS PUBLICLY AVAILABLE.
STICK TO YOUR CAVE.

STAY AWAY. OR START YOUR OWN BLOG.
I won't be reading or replying further.

Posted by stockraider > 2019-03-10 13:45 |

Post removed.Why?

Posted by stockraider > 2019-03-10 13:47 | Report Abuse

U should consider switching to this no brainer counter loh...!!

Posted by stockraider > Mar 10, 2019 01:19 PM | Report Abuse X

LETS ANALYSE OPENSYS ;

OpenSys has four business revenue models, namely
(i) outright sales, NEUTRAL GROWTH PROSPECT
(ii) software services, GOOD PROSPECT STILL GROWING
(iii) outsourcing services CHEQUE PROCESSING FALLING VOLUME
(iv) maintenance services. GOOD PROSPECT DUE TO HUGE CRM MACHINE

THE CHALLENGES POSE;

1. CHEQUE PROCESSING OUTSOURCING BUSINESS FALLING INCOME DUE TO LESS VOLUME OF CHEQUE USE LOH....!!

2. OUTRIGHT SALES OF CRM MACHINE LOWER GROWTH RATE AS THE VOLUME GROWTH TAPER DOWN DUE TO MATURITY OF THE MARKET AND COMPETITOR LIKE NCR AND HITACHI START COMING OUT WITH THEIR OWN CRM MACHINE. THIS MEAN MKT INTENSIFY LOH....!!
BUT OKI UP THEIR ACT....THEIR MACHINE CAN EVEN PROCESS RM 1 NOTES LOH......!!

3. SOFTWARE AND MAINTENANCE SERVICES SHOULD BE THEIR CORE BASE BUSINESS BUT THERE MAKE UP FOR DECLINING SALES OF CHEQUE PROCESSING AND LOWER RATE OF CRM SALES ??
RAIDER SEE THE ANS IS YES.....BUT MKT SAY UNCERTAIN....THATS WHY PE LESS THAN 10X LOH....!

But overall...Raider see it is a worthwhile investment in opensys the core software and maintenance should give a large core base income loh......!!

Posted by stockraider > 2019-03-10 13:48 |

Post removed.Why?

Posted by wiki123 > 2019-03-11 09:56 | Report Abuse

very informative... opens my eyes to many perspectives of long term company growth and investment...

Posted by wiki123 > 2019-03-11 09:57 | Report Abuse

once again thanks for the learning...

Posted by pputeh > 2019-03-13 21:59 | Report Abuse

Thanks Philip for yr info. However me being a 75 year old retiree find some parts a bit difficult to follow. However no worries. I have picked up a few lots of P.CHEM Yinson & Top Glove for my children and hope to see them grow and flower in the years to come. Will be adding on to them when finances permit at regular intervals. Again thanks and a good night

Posted by RainT > 2019-03-14 15:53 | Report Abuse

Thanks for sharing your knowledge and information !

Posted by sillypan > 2019-03-18 17:37 | Report Abuse

Philip, thanks for sharing. Hope you can share more in i3 to benefit more people.

Posted by Jester > 2019-03-22 15:21 | Report Abuse

What a great article! This is what I want to see more in i3. Thank you so much Philip for sharing. My newbie mind is learning a lot from your postings.

"My blog is for people who seek knowledge" - Philip
- Great words. Please continue as your postings has benefited many people including me.

Posted by stockraider > 2019-03-22 15:23 | Report Abuse

But this biker fellow...dia bike sudah hilang loh....!!

Posted by Jester > Mar 22, 2019 3:21 PM | Report Abuse

What a great article! This is what I want to see more in i3. Thank you so much Philip for sharing. My newbie mind is learning a lot from your postings.

"My blog is for people who seek knowledge" - Philip
- Great words. Please continue as your postings has benefited many people including me.

Posted by okdoke > 2019-03-24 18:13 | Report Abuse

philip...thanks for sharing.

Posted by Heavenly PUNTER > 2019-03-24 18:17 | Report Abuse

stupid raider

Posted by (Clark GKent) Philip > 2019-03-31 07:41 | Report Abuse

Picked up additional 29,500 shares of PCHEM @9.05 on march 26th t+3 based on dividends yield of 18 cents for my shares of 1,495,200 shares. The balance dividend seafood dinner in Penang!

Posted by qqq3 > 2019-03-31 08:56 | Report Abuse

Top Glove, QL, Yinson...they had explosive organic growth the last 10 years.

Gkent? Gkent is facing 2-3 quarters of disappointing results and a real test for its survival in new challenging environment , its probably feast or famine and whatever is currently in balance sheet is probably irrelevant in comparison.

Posted by qqq3 > 2019-03-31 09:10 | Report Abuse

Gkent has tremendous possibilities and execution risks...Its one of those critical junctions.

Posted by kcchongnz > 2019-03-31 11:10 | Report Abuse

A good article with plenty of good investment stuff will always attract many comments, whether good or bad comments. But obviously the sharing of the author has been attracting many good comments, which the author deserves it.

Well done Philip. Take it as a joy to share.

Posted by jackfruit > 2019-03-31 12:15 | Report Abuse

Philip U are very good stock analyst. Never come across an analyst like U in I3 so far. Thank for sharing and hope U continue write more in I3.

Posted by (Clark GKent) Philip > 2019-03-31 12:55 | Report Abuse

Hi jackfruit, I'm not a stock analyst, I'm merely a amateur stock picker who reads a lot, am rational in my investments in not being much affected by highs and lows of the market, and treat investing as being part of a business, instead of prices on a stock ticker tape that goes up and down every day.

Posted by tealeaf > 2019-06-21 11:28 | Report Abuse

thank you for the sharing, very insightful .... regret to sold off my yinson earlier now to switch to other...

Posted by (US/CHN trade war doesn't matter) Philip > 2019-06-25 07:26 | Report Abuse

The real money in stock investment is in the waiting. Not in the buying. I will be preparing my latest quarterly report, just as soon as gkent and yinson announce results, should be end of this month.