1) If looked at trade export statistic, think that few months (Jul, Aug ...) trade export for petrochemicals is not good compared to other months ...... In other term, the rest of the months will be good. But think 2nd, 3rd and 4th qtr will be doing good, especially 2nd and 4th qtrs ..... so next qtr results will be back ..... 2) ASP for their products is being improved, revenue now is above 310 m per qtr compared last time less than 300 m per qtr 3) New vessel has started contributed better segment results to Company bottomline, this mean every qtr started to add in this additional profit to bottomline 4) This qtr got corporate exercise expenses, write back inventories, forex loss, share of associate losses, if we excluding this, this qtr result will be added another 3 m if not wrong ... did not calculate
Using PE ratio of 10, last 4 qtr results will still arrive 1.12 price. The only thing is if petrochemical products price is being improved and following export qty also improved ...... downward risk might be limited for temporary shaking off post results announced, but towards dividend ex-date, might rise back to 1.20 .......
Just my nonsense sharing ....... me as a beginner sharing ..... hope don't bring you holland ....
Datak Seri Najib Tun Razak said the agricultural food and agriculture sector will receive more attention in the 2018 budget. The prime minister said the two departments were identified as new sources of wealth for the state and the people. http://malaysiaupdates.com/2017/09/28/more-focus-on-agrofood-agricultu...
* The 2018 annual budget will be announced next Friday, the government allocated 1.3 billion ringgit in 2017 for fertilizer and pesticide and other agricultural means of production (Ancom products), due to next year's election, agricultural funds will be more than 1.3 billion ringgit oil prices Rise increases government revenue.
In the first seven months of 2007, Malaysia's total trade volume surged to RM181 million, up 22.7 percent over the same period last year. According to "Bernama" reported that the expansion is mainly due to ASEAN countries, China, the United States, the European Union, Japan, India and Taiwan trade. Exports rose 22.3% YoY to Mnd $ 526.88bn, while the value of imports increased 23% to Rmb4,778.1m, resulting in a trade surplus of RM5.77bn.
Electric and electronic products for the seventh consecutive month of double-digit growth, an increase of 28.3% or 6.15 billion ringgit, followed by mineral products, an increase of 27.5% to 6.71 billion ringgit, agricultural products rose 14.8% to 6.42 billion yuan.
The Ministry of International Trade and Industry (Miti) said the main export value in July was RM279.1 million, oil products ($ 7.09 billion), chemicals and chemical products (RM7.22 billion) (Ancom & Nylex products) palm oil and palm oil products (RM4.66 billion) and liquefied natural gas (RM3.79 billion). http://www.freemalaysiatoday.com/category/nation/2017/09/07/budget-201...
pareto_8020 EPS = 11.23, Industry PE = 10 Nylex share price = at least RM1.12
YOY = 250% increase
Increasing of average selling price of petrochemical price
Nylex 1 started to operate and expecting this logistics division will further contribute to the Co.
I din't see that bad in this quarter result? haha, overall is ok and don forget that the following quarters will be better than this -------------------------- Open below 1, so operator press down to collect more ?
Now Malaysia market also very sensitive n request the best of the best. They only want both q to Q n y to y up...then share only will up.....anyway is a good fa counter
@chengkai kok, go look for the price of industrial chemical then u will know why this can be considered as a good result. Other chemical firm face drop on yoy but nylex still improve yoy. Noteworthy, the logistics segment is now earning money ! Nylex 1 will contribute soon.
those who only know compare QoQ result definitely will lose the chance of such good company, bro come on, look at their overall industry, it is better than its peers such as lxxchxm, sxxchxm haha
don forget that coming 20 November 2017 is the dividend ex-date (started its dividend payout since year 2011), those who sold the shares might not have the chance for dividend entitlement and expecting there will a rebound before the ex-date!
bad result ... this stock wont up if parent company ancom not moving. already mentioned it many times... no people listen ... now u know why hehehe ... good loss
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....
Nx350
180 posts
Posted by Nx350 > 2017-10-26 20:13 | Report Abuse
明天财政预算安对农业,化学,媒体广告全部受益.....