Posted by Mikecyc > 2020-06-03 11:11 |

Post removed.Why?

Posted by Valerie Py > 2020-06-03 12:58 | Report Abuse

Calvin sifu , nylex still can enter at 0.80?

Posted by handsome5555g > 2020-06-03 13:24 | Report Abuse

Its a good time to add more to average down your price. Just waiting to fly suddenly out of nowhere

Posted by calvintaneng > 2020-06-03 16:08 | Report Abuse

Valerie

Py Calvin sifu , nylex still can enter at 0.80?
03/06/2020 12:58 PM

Yes can buy on weakness

I bought more at 82 sen & 82.5 sen today

Posted by alextan5680 > 2020-06-03 19:02 | Report Abuse

Gloves theme play broken, sanitizer still can tahan?

Posted by Mikecyc > 2020-06-03 21:27 | Report Abuse

FY No. Rev PBT PAT EPS
May20 3 275,341 -2,642 -3,674 -2.10
May20 2 315,718 742 270 0.15
May20 1 314,570 495 -1,125 -0.63

Posted by Sashay88 > 2020-06-03 21:28 | Report Abuse

Yes ! take a break from Glove. Now play sanitizers.

Posted by Mikecyc > 2020-06-03 21:29 | Report Abuse

Referred to Q3 ended 29/2/2020 :

PPE = 149.865 million

Cash n bank balances = 62.409 million

Short term deposit with banks = 16.402 million

Long term borrowing = 35.006 million

Short term borrowing = 171.127 million

>>> Gearing ratio = 0.91

FY19 revenue = 1.560 billion , Loss = 0.2 %

FY20 (3Q) revenue = 0.906 billion , Loss = 0.5 %

Posted by Mikecyc > 2020-06-03 21:29 | Report Abuse

Due to the new plant , Debt Gearing Ratio is gap up to 0.91 . The killing part is 83 % is of short terms borrowing.

Posted by Sashay88 > 2020-06-03 21:30 | Report Abuse

Mikecyc what do u buy ?

Posted by Mikecyc > 2020-06-03 21:33 | Report Abuse

EPS (cent)* -2.26
P/E Ratio ---

Posted by jlong23 > 2020-06-03 21:59 | Report Abuse

Trading and distribution company use alot of financing instruments such as Letter of Credits which are used to purchase goods. As trading and distribution accounts for most of the revenue of Nylex, it is normal to have high 'short term debt'.

Posted by calvintaneng > 2020-06-03 22:03 | Report Abuse

Sifu Warren Buffet said

You don't drive a car by looking at it's rear view mirror

You look ahead

So you don't look at past results of Nylex when you invest in this cyclical upturning stock

The game changer for Nylex is

1. On March 18 Mco started due to covid 19.
Panic buying of face masks and sanitizer all sold out and no stock

Just in time Nylex Fermpro ethanol is newly refurbished with 5 million litres of 99.5% pure ethanol

This is now converted into sanitizer by Ancom for sale around Rm50 per litre

That is Rm250 million gross revenue

This is one catalyst

2. Another catalyst is crude oil has crashed from Usd70 to less than Usd40 now

It will help increase profit from polymer chemical division

So after March 2020 Nylex will be making lots of money like never before

That is why Nylex jumped from Rm6.80 to Rm9.80

This pullback is caused by IB limiting loan margin for glove

Wise investors will take the opportunity to buy on weakness now

Nothing can stop this Nylex bull

Posted by Zapxiuxiu > 2020-06-03 22:08 | Report Abuse

sifu calvin, the tp for nylex is it remains unchanged which is 1.2 for short term?

Posted by handsome5555g > 2020-06-03 23:07 | Report Abuse

Tomorrow T3 ?

Posted by calvintaneng > 2020-06-03 23:08 | Report Abuse

Zapxiuxiu sifu calvin, the tp for nylex is it remains unchanged which is 1.2 for short term?
03/06/2020 10:08 PM

Yes correct

Rm1.20

Then Rm1.50

After that Rm2.00

Posted by Michael Kwok > 2020-06-03 23:21 | Report Abuse

Excuse me.Not just Calvin is good here.I can answer for u.Should be more.Every shop,building,factories,shopping mall,banks,supermarket and hypermarket use alcohol base sanitizer(offensive to kill germ).It will shot up to demand more thn supply once MCO lifted.Is Nylex and other has less thn 30 million alcohol per year for medical.But when u all divide by 365 days.Think is it enough?No.One of the SOP is use sanitizer as new normal.

Posted by Michael Kwok > 2020-06-03 23:23 | Report Abuse

I bought rm 40k at 80 cents and 85 cents(75 percent of the money).Please wait.

Posted by Michael Kwok > 2020-06-03 23:24 | Report Abuse

If no good would not support Calvin or bought rm 40k in here.

Posted by Mikecyc > 2020-06-04 09:07 | Report Abuse

wayang kulit show ...

Posted by Michael Kwok > 2020-06-04 21:40 | Report Abuse

Still keeping.No comment.

Posted by EngineeringProfit > 2020-06-04 21:41 | Report Abuse

I sold 0.94....

......wanted to buy back this morning......but had sailang in glove stocks

Posted by Equityengineer > 2020-06-05 09:56 | Report Abuse

if got capital buy back

Posted by Mikecyc > 2020-06-05 11:57 |

Post removed.Why?

Posted by Mikecyc > 2020-06-05 11:58 | Report Abuse

The ethanol new plant being operating since June'2019 , ie FY20 Q1 compare to FY19 that being shut down several months, why FY20 (3Q) ended 29/2/2020 is Loss more than FY19 .

Posted by calvintaneng > 2020-06-05 11:58 | Report Abuse

Posted by calvintaneng > Jun 3, 2020 10:03 PM | Report Abuse X

Sifu Warren Buffet said

You don't drive a car by looking at it's rear view mirror

You look ahead

So you don't look at past results of Nylex when you invest in this cyclical upturning stock

The game changer for Nylex is

1. On March 18 Mco started due to covid 19.
Panic buying of face masks and sanitizer all sold out and no stock

Just in time Nylex Fermpro ethanol is newly refurbished with 5 million litres of 99.5% pure ethanol

This is now converted into sanitizer by Ancom for sale around Rm50 per litre

That is Rm250 million gross revenue

This is one catalyst

2. Another catalyst is crude oil has crashed from Usd70 to less than Usd40 now

It will help increase profit from polymer chemical division

So after March 2020 Nylex will be making lots of money like never before

That is why Nylex jumped from Rm6.80 to Rm9.80

This pullback is caused by IB limiting loan margin for glove

Wise investors will take the opportunity to buy on weakness now

Nothing can stop this Nylex bull

Posted by Mikecyc > 2020-06-05 11:58 | Report Abuse

Referred to Q3 ended 29/2/2020 :

PPE = 149.865 million

Cash n bank balances = 62.409 million

Short term deposit with banks = 16.402 million

Long term borrowing = 35.006 million

Short term borrowing = 171.127 million

>>> Gearing ratio = 0.91

FY19 revenue = 1.560 billion , Loss = 0.2 %

FY20 (3Q) revenue = 0.906 billion , Loss = 0.5 %

Posted by Mikecyc > 2020-06-05 12:16 |

Post removed.Why?

Posted by handsome5555g > 2020-06-05 18:54 | Report Abuse

https://www.google.com/amp/s/facilityexecutive.com/2020/06/ge-current-partners-to-produce-hand-sanitizer/amp/

This shows the high demand of sanitizers

Posted by SureWin1Woh > 2020-06-05 20:18 | Report Abuse

Boss selling shares....

Posted by Mikecyc > 2020-06-06 20:33 |

Post removed.Why?

Posted by Mikecyc > 2020-06-06 20:34 |

Post removed.Why?

Posted by Mikecyc > 2020-06-06 20:37 | Report Abuse

Due to the new plant , Debt Gearing Ratio is gap up to 0.91 . The killing part is 83 % is of short terms borrowing.

Posted by loong87 > 2020-06-07 00:54 | Report Abuse

@engineering profit. I bought high at 0.94 on last Monday. Must be yours. Hahahahhaha still stuck here.

Posted by Dianalias > 2020-06-07 23:10 | Report Abuse

Good news for Nylex as Recovery MCO will further increase demand for sanitizers as businesses being eased.

Posted by calvintaneng > 2020-06-07 23:31 | Report Abuse

https://www.itv.com/news/anglia/2020-06-07/clean-sanitised-travel-is-the-new-normal-coach-company-s-look-to-the-future/

Posted by handsome5555g > 2020-06-08 14:12 | Report Abuse

Limit up coming very soon. Just hold and when the announcement comes out, then BOOM ! fly to the sky

Posted by Mikecyc > 2020-06-09 00:12 | Report Abuse

Why FY20 (3Q) ended 29/2/2020 is LOSS more ?

Q4 will be worst due to Covid-19 and MCO started from 18/3/2020 ..

## Referred to Q3 ended 29/2/2020 :

PPE = 149.865 million

Cash n bank balances = 62.409 million

Short term deposit with banks = 16.402 million

Long term borrowing = 35.006 million

Short term borrowing = 171.127 million

>>> Gearing ratio = 0.91

>>> 83 % is of short term borrowing .

Posted by greedy44444 > 2020-06-09 01:32 | Report Abuse

Sharks is calling tonight...buy buy buy !! Limit up soon. Sailang all in ancom and nylex. This week can become a millionaire next week a bankrupt ??

Posted by Mikecyc > 2020-06-09 06:25 |

Post removed.Why?

Posted by penniless_anchovy > 2020-06-09 12:32 | Report Abuse

apa limit up..sudah koyak d..

Posted by handsome5555g > 2020-06-09 12:39 | Report Abuse

Wahh why everyone selling ? Wait news la, then everyone rush in and ask the tp pulak. Haizzz typical people

Posted by penniless_anchovy > 2020-06-09 12:41 | Report Abuse

i sangkut up there d..why la this ppl..

Posted by handsome5555g > 2020-06-09 13:27 | Report Abuse

My remiser told me announcement coming soon. Hold tight ya. Gonna flyyy soon. This time will break 1.00

Posted by edyske > 2020-06-09 16:10 | Report Abuse

Handsome555g, what is the announcement ?

Posted by handsome5555g > 2020-06-09 19:58 | Report Abuse

Good news it seems. Just be patient

Posted by Woodswater > 2020-06-09 21:15 | Report Abuse

handsome5555g Wahh why everyone selling ? Wait news la, then everyone rush in and ask the tp pulak. Haizzz typical people

I'm holding tight as ppl always using same tactiks to chase out weak holders. Same tactiks been using successfully due to weak holders never learnt from last mistake by repeat n repeat again! How to win big?
Wakakakaka

Posted by handsome5555g > 2020-06-09 22:20 | Report Abuse

@woodswater

Exactly bro. They are shaking of those contra players and weak holders. Look at what happened to lkl last week. I got trapped at 0.74, 2 weeks prior to that and then shoot up straight to above 0.80. So, patience is the key

Posted by MoneyShow3 > 2020-06-09 23:34 | Report Abuse

No more play, CMCO ending, halex, nylex didn't surprise the market with strong profits. Hexza worst still, delayed the reporting...

Posted by Michael Kwok > 2020-06-10 11:10 | Report Abuse

Please read....Monthly hooking up.Dailys oversold.20 over percent correction.Healthy.Buy back at rate rm 10k per person.