Posted by dragonlim > 2014-05-29 13:19 | Report Abuse

Does this mean that there will be good news declared during AGM that cause the push up?

Posted by khchong78 > 2014-05-29 15:59 | Report Abuse

Thanks, GaoLuckStockGod.

Posted by dragonlim > 2014-05-29 16:42 | Report Abuse

No movement yet, is the info. accurate?

Posted by yeechachoon > 2014-05-29 16:55 | Report Abuse

poor quarterly result perhaps??

Posted by GaoLuckStockGod > 2014-05-29 17:07 | Report Abuse

Don't worry, just waiting for announcement of 1st qtr result by today.

Posted by GaoLuckStockGod > 2014-05-29 17:08 | Report Abuse

Should be much better than previous.

Posted by GaoLuckStockGod > 2014-05-29 17:14 | Report Abuse

Report out, but poorer than previous.

Posted by Seeker0808 > 2014-05-29 17:30 | Report Abuse

there are not much fluctuation on the price, very confident with tis stock

Posted by GaoLuckStockGod > 2014-05-29 18:10 | Report Abuse

Hopefully Lngres's BOD will start buying back its own shares to stabilize the Lngres share price ASAP after approval in AGM.

Posted by hueyyng27 > 2014-05-29 18:18 | Report Abuse

profit drop 82% from last Q.

Posted by yeechachoon > 2014-05-29 18:42 | Report Abuse

Very disappointed with the quarterly result

Posted by ykgykg > 2014-05-29 22:14 | Report Abuse

Need some stabilizer injection after having going through the 360 degree nerve wrecking roller coaster.

Posted by Seeker0808 > 2014-05-30 09:14 | Report Abuse

haiz, panic selling

Posted by powerwk > 2014-05-30 10:00 | Report Abuse

yeah, a lot of investor will think that run first then coming back later..... not sure if second batch will come online or thru their agent to sell later at 10:30-11:00

Posted by goflykite > 2014-05-30 11:22 | Report Abuse

wow, not worth to keep holding this share....its share value now is equivalent to toilet paper....

Posted by ykgykg > 2014-05-30 11:36 | Report Abuse

Management should come out and calm the situation with credible future prospect and execution plan . Panic selling make things worst !

Posted by ykgykg > 2014-05-30 12:09 | Report Abuse

Theodolt Roosevolt .When people are panic selling we must be greedy to buy.

Posted by investor 07 > 2014-05-30 13:28 | Report Abuse

Y the sales cost is so high? almost double of same quarter in 2013!!!

Posted by investor 07 > 2014-05-30 13:45 | Report Abuse

others weird things...Trade and payable (1663), double of 2013; inventories jump to 934, purchase of property, plant, equipment, (2523), more than 2X compare 2013. The management buy super cars or bungalo or invest or ...???

Posted by goflykite > 2014-05-30 13:53 | Report Abuse

ykgykg....u r misleading and u may head to Holland soon if u do so....at least wait for selling pressure to subside first but now still not the time yet....management stated profit down was mainly to selling of lower product and lower contribution from engineering segment....

Posted by goflykite > 2014-05-30 13:54 | Report Abuse

better to cut first...buy back later...if not keeps in cold storage for years

Posted by ykgykg > 2014-05-30 15:29 | Report Abuse

If the management has no integrity then they might bury their future as well.The management sold off the treasury shares at around 32 sen b4 announced the worst ever results.Look smart indeed !

Posted by goflykite > 2014-05-30 15:44 | Report Abuse

this is very cunning....pushed up the price with hidden agenda, trapped all the ikan bilis and to make their coming quarter looks more profitable....this is very bad move indeed!!!

Posted by ykgykg > 2014-05-30 17:39 | Report Abuse

Push out around 1.5 million unit with value more than 400 K. This will definitely undermine the trust on BOD by the investor in the long run. It will take many years to gain back the glorification by the company.

Posted by goflykite > 2014-05-30 18:56 | Report Abuse

Must fully unload all lngres shares...

Posted by ykgykg > 2014-06-01 21:59 | Report Abuse

According to the annual report the remunerations for the 5 directors amounting to 3 millions a year with only 7 million Pre-Tax Profit is too high for such a small company under Ace (age) counter !

Posted by lynn_nsl > 2014-06-01 22:08 | Report Abuse

I believe its include bonuses & EPF

Posted by ykgykg > 2014-06-01 22:13 | Report Abuse

Still doesn't make sense !

Posted by lynn_nsl > 2014-06-01 22:26 | Report Abuse

Referring to last yr Q2, Q3 & Q4 result is extremely good, Q1 is so so too. So tis round foreseeable, watch out for next Q

Posted by Seeker0808 > 2014-06-01 23:28 | Report Abuse

sigh......

Posted by ykgykg > 2014-06-02 17:33 | Report Abuse

Continue to slide !

Posted by Seeker0808 > 2014-06-03 00:10 | Report Abuse

all the way to Holland , hold it so long for nothing >.<iiiiii

Posted by ykgykg > 2014-06-03 08:21 | Report Abuse

Dim light at the end of the dark tunnel !

Posted by ykgykg > 2014-06-03 17:17 | Report Abuse

Almost bottom out !

Posted by sslim > 2014-06-04 16:52 | Report Abuse

Bottom is expected around 20... hehe

Posted by ykgykg > 2014-06-05 10:02 | Report Abuse

Almost down 25 %.... !

Posted by LUCAS > 2014-06-10 01:20 |

Post removed.Why?

Posted by Kent Lo > 2014-06-10 02:09 | Report Abuse

Don't understand finance cost increase by 200%, taking too much loan?

Posted by thesteward > 2014-06-10 09:10 | Report Abuse

Lucas...trust you on this. thanks for sharing.

Posted by investor 07 > 2014-06-10 10:06 | Report Abuse

Let's goreng!!!

Posted by hagi > 2014-06-10 14:39 | Report Abuse

GEORGE TOWN: LNG Resources Bhd is spending RM20mil this year to expand its operations in Malaysia and overseas, in view of the purchasing orders it has received so far for the first quarter 2014 and the positive feedback from its customers for future orders.

Group director Jackie Yong told StarBiz that the money would be spent largely for expanding its precision tooling production facilities in India and Vietnam, which generated about 25% of the group’s revenue.

“The plant in Ho Chih Minh, which makes precision metal tooling parts, is the larger contributor, generating 20% of the group’s revenue, while the operations in Kochi, India, contributed the remaining 5%, as it is a newer plant.

“So far, the group has received about RM15mil in orders from its overseas customers in this first quarter. The orders will be delivered before June 2014,” Yong said.

LNG Resources’ precision tooling metal and plastic components are supplied to the telecommunication, aerospace, industrial electronics, semiconductor and energy management system industries.

Yong said the group’s outstanding results for 2013 was due to the performance of Oriental Fastech Manufacturing Sdn Bhd, which was acquired for RM32mil in February 2013 via cash and issuance of new shares.

“Oriental Fastech contributed about 50% of the group’s revenue and bottom line,” he said.

LNG Resources posted a pre-tax profit of RM9.4mil on the back of RM55.4mil revenue for the financial year ended December 31, 2013 compared with RM889,000 and RM24.9mil respectively achieved in 2012.

Yong said the group had recently secured orders to deliver some US$2mil worth of precision tooling products this year to a new customer in the energy management system business.

Currently, the energy management system business generates about 20% of the group’s revenue.

Moving ahead, Yong said LNG Resources was working aggressively to raise the contribution of the aerospace industry, which currently contributes about 10% of group revenue.

“LNG Resources makes connectors, which are high-value components used in the electronic system of air-crafts,” he said.

According to Deloitte, which provides audit, tax, consulting, and financial advisory services to private and public companies worldwide, the revenue of the top 20 global aerospace and defense companies for the nine months ended September 2013 increased by 4.3% to US$365.8bil from US$350.6bil.

The report said passenger travel demand was expected to increase 5% over the next 20 years, which will boost aircraft production.

Aircraft production was expected to be between 29,000 and 34,000 over the next 20 years, it said.

“Over the next decade by 2023, commercial aircraft annual production levels are anticipated to increase significantly by an estimated 25%,” it added.

Posted by hagi > 2014-06-10 14:40 | Report Abuse

“So far, the group has received about RM15mil in orders from its overseas customers in this first quarter. The orders will be delivered before June 2014,” Yong said.

This was between the lines =)

Posted by AyamTua > 2014-06-10 15:02 | Report Abuse

kikiki

Posted by hagi > 2014-06-10 15:11 | Report Abuse

kikiki

Posted by Tripaka > 2014-06-10 15:32 | Report Abuse

kokokokokokok....

Posted by iWarrants > 2014-06-10 15:40 | Report Abuse

kuku

Posted by AyamTua > 2014-06-10 17:07 | Report Abuse

welcome all to AyamTua new reban! kikiki TOGETHER HUAT after PASDEC

Posted by AyamTua > 2014-06-10 17:07 | Report Abuse

kokokokokkkkkkkkkkkkkk

Posted by thesteward > 2014-06-10 22:30 | Report Abuse

hagi thanks for sharing

Posted by Nn77 > 2014-06-11 00:06 | Report Abuse

Still can buy in ...up tooo much already :(