Scientex result good ? Biggest stretch film producer in Asia. If logistics go up, i think their sales must also go up. Even distribute vaccine, also will need to use scientex packaging product right ?
Big fund play like this all Ikan billies won’t invest here one la. They good in earn profit from Ikan billis then how , all ikan no want join this counter, the big fund all hold the stock til rotting la, dunno why this big fund manager so stupid scare all investor bills away.
No worries. If tomorrow, Thursday, Friday dropped, I'll be buying more & more daily. Maybe a new leadership is required, as Lim Peng Jin no longer capable to evolve. We need a more experience, dynamic & brighter visionary as our MD
Yes I agree this time is a bit over. We know everyone need to earn money, we also understand big fund sometimes get the profit from ikan when they bought in stock. But don’t do too over. We have eye to see. Once you lose the trust on all ikan billis, they won’t care this counter anymore.
I expect 1.02 Billion Revenue with 160 million Profit for the upcoming Q1 result(most likely on 16 or 17th Dec). Anything less. I'll be extremely disappointed
Bonus shares 2 for 1 n warrants 1 for 5 . Co revenue surged thru acquisition n buying landed assets via issuing shares instead of paying cash . A good move during pandemic time .
@leslieroycarter I totally agree with regards to "acquisition n buying landed assets". However, free Warrants? This is purely to enticing investors. Better focus on staff dormitories/accommodation & other workers welfare instead.
In my opinion, the management team is just fine if you look through their trailing ROE stability and the cashflow increment every year. Based on my calculation, this counter fair price should be around RM 12.60.
iknownuts, His father, Lim Teck Meng was a great Boss. The 2 boys are just not focus enough. Maybe busy with property development? & to your other question, only for the past 3 years.
Just curious,does anyone know the rationale behind their venture into property sector? The company’s seems to do well on paper,but IMO dipping into the property market makes little business sense in terms of establishing synergy with their plastic business. What makes them think they can compete with existing property developers who are doing lower cost property? Looking forward to be enlightened by someone here.
PJ has been MD in scientex since 2001, check the price of scientex since 2001 and then gauge how he has done so far. If you have held your shares for 3 years, and your shares have almost doubled, why has this considered “not done well”? Are you expecting returns like other cyclical stocks? Scientex is not a cyclical counter and has no pandemic tailwind. This counter will continue to grow with or without any pandemic
Their buyout of Daibochi has been an excellent decision since both can benefit from the same R&D platform. I think Daibochi is going to announce this quarter result tomorrow with Scientex's EGM. I believe some positive news will be out tomorrow.
Nothing noteworthy to be frank.... due to mco or cmco, no MA, US factory low utilization, prop take up rate steady, plastic packaging facing higher raw material cost and unable to immediate pass on to customer, export sales 60% facing freight increment and container crisis....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kotatatata
119 posts
Posted by kotatatata > 2020-12-02 17:00 | Report Abuse
Another raining day ;( stay here alone and waiting ;(