Posted by Ooi Teik Bee > 2015-11-11 08:59 | Report Abuse

Mieco is a turnaround stock, past records were bad. The management noticed that the debt is high and corrective action is taken to repay it. It is a good sign.
Hevea is also another good example, did the price skyrocket up after repay the debt ?
I understand from Hevea management, some of customers of Hevea are turned away, these customers buy the board from Mieco now.
Thank you.

Posted by RosmahMansur > 2015-11-11 09:08 | Report Abuse

Why are the customers of Hevea are turned away mr OTB? Which means their sales and revenue will drop?

Posted by Ooi Teik Bee > 2015-11-11 09:39 | Report Abuse

Hevea's business is so good that Hevea cannot cope up.
Thank you.

Posted by BearbearDrop > 2015-11-11 09:57 | Report Abuse

The good thing is hevea benefited from commodity drop just as what Nicky believe and the massive cut down on plantation tree

Posted by Lim Xiong Jun > 2015-11-11 10:56 | Report Abuse

Paper loss >.<

Posted by RosmahMansur > 2015-11-11 11:38 | Report Abuse

bought some at 1.09

Posted by BearbearDrop > 2015-11-11 12:33 | Report Abuse

Can buy now?
I want to keep some

Posted by nickychang > 2015-11-11 13:29 | Report Abuse

I just in some at 1.1 =), ready my last bullet to go in if drop to 1.03 or below. Haha

Posted by RosmahMansur > 2015-11-11 13:51 | Report Abuse

Best support at 1.09 if further down will find at 1.00

Posted by Jason520 > 2015-11-11 14:12 | Report Abuse

Mieco's management is taking proactive measures to optimise their costs and operational efficiencies. Take a look at their AR on chairman's statement and you will be able to gauge their potential....

Posted by Terence Chin Yun Peng > 2015-11-11 15:46 | Report Abuse

itu syndicate boh ji one , mark ing 1lot 1.13 dont want eat finish .. poor syndicate .. Pui

Posted by Terence Chin Yun Peng > 2015-11-11 15:48 | Report Abuse

logic thinking .. put so many lot in 1.13 got ppl want buy meh ? d queue totally cant lure buyer wat ... PDTwant collect ticket at 1.12 below ?

Posted by bovunbursa > 2015-11-12 11:58 | Report Abuse

today seen jalan.

Posted by coolio > 2015-11-12 15:00 | Report Abuse

miow miow..check in

Posted by 77huat77 > 2015-11-16 15:09 | Report Abuse

Paris incident also affect holland la tiu

Posted by dnn78 > 2015-11-17 20:08 | Report Abuse

Mieco, coming support support

Posted by kllow > 2015-11-17 23:14 | Report Abuse

When is Q3 result ?

Posted by papaya > 2015-11-18 09:15 | Report Abuse

looking at hevea and flbhd result......mieco also will produce a good result.....

Posted by papaya > 2015-11-18 09:23 | Report Abuse

hahaha....as expected.....up..up..up......lucky sapu this morning

Posted by Simon Ngiaw Wei Si > 2015-11-18 09:28 | Report Abuse

got tp? lol today very active

Posted by sarahdeaton > 2015-11-18 09:55 | Report Abuse

woa nicky, i also believe comments that have more than 100 words. when i see a documents on my desk that have lots of words. i just sign it.

i pro?

Posted by dnn78 > 2015-11-18 10:06 | Report Abuse

Gogogogogogo miecooo

Posted by WL4999 > 2015-11-18 10:52 | Report Abuse

yup as expected, good QR soon

Posted by arv18 > 2015-11-18 10:55 | Report Abuse

Breakout over 1.25? Is it possible?

Posted by Icon8888 > 2015-11-18 11:05 | Report Abuse

TP1.5

Posted by BearbearDrop > 2015-11-18 11:31 | Report Abuse

Miss this hidden diamond

Posted by WL4999 > 2015-11-18 11:35 | Report Abuse

still pretty early in my view. Looking at the volume shooting up slowly

Posted by ccp78789 > 2015-11-18 11:43 | Report Abuse

wow suddenly shoot like rocket

Posted by Icon8888 > 2015-11-18 11:43 | Report Abuse

maybe 1.50 is too conservative. By year end maybe RM2.00

Posted by Icon8888 > 2015-11-18 11:46 | Report Abuse

my only regret is that I have too little

Posted by ccp78789 > 2015-11-18 11:48 | Report Abuse

icon8888, got earn consider good alr..

Posted by Icon8888 > 2015-11-18 11:49 | Report Abuse

ya, hopefully can earn a bit to fly to New Zealdn to visit KC

Posted by ccp78789 > 2015-11-18 11:52 | Report Abuse

lets wait for their Q3 result..will out within these 2 weeks

Posted by papaya > 2015-11-18 11:55 | Report Abuse

everybody happy.......hahaha

Posted by ahdi > 2015-11-18 11:56 | Report Abuse

target price 1.70

Posted by dnn78 > 2015-11-18 11:58 | Report Abuse

Q report must be very good

Posted by BearbearDrop > 2015-11-18 11:59 | Report Abuse

Nice

Posted by ccp78789 > 2015-11-18 12:00 | Report Abuse

finally break new high

Posted by ykinvestor > 2015-11-18 12:02 | Report Abuse

Mieco's last q2 (announced on Aug 21) EPS was 3.21 cents. Its Q1 EPS was 1.53 cents.
Looking at the great results from FLBHD and Hevea, we can probably say that Mieco's coming q3 EPS (assuming on Nov 21) will be great too, lets say 6.4 cents (Q2 EPS double of Q1 and Q3 EPS double of Q2). then we also assume the q4 EPS should be at least 6.4 cents or more. Thus the whole FY15 EPS = (1.53 + 3.21 + 6.4 + 6.4 ) = 17.54.
Using PE of 10, its FV at least RM 1.74. The next Hevea in making

Posted by ykinvestor > 2015-11-18 12:07 | Report Abuse

So its price should at least at RM1.47 by now to be on par with Hevea

Posted by ahdi > 2015-11-18 12:07 | Report Abuse

1.23 -->1.74, 40% return, can prepare for CNY ang pao

Posted by ykinvestor > 2015-11-18 12:08 | Report Abuse

Mieco's last q2 (announced on Aug 21) EPS was 3.21 cents. Its Q1 EPS was 1.53 cents.
Looking at the great results from FLBHD and Hevea, we can probably say that Mieco's coming q3 EPS (assuming on Nov 21) will be great too, lets say 6.4 cents (Q2 EPS double of Q1 and Q3 EPS double of Q2). then we also assume the q4 EPS should be at least 6.4 cents or more. Thus the whole FY15 EPS = (1.53 + 3.21 + 6.4 + 6.4 ) = 17.54.
Using PE of 10, its FV at least RM 1.74.
So Mieco is the the next Hevea in making !!

Posted by Ooi Teik Bee > 2015-11-18 12:21 | Report Abuse

Posted by ykinvestor > Nov 18, 2015 12:08 PM | Report Abuse

Mieco's last q2 (announced on Aug 21) EPS was 3.21 cents. Its Q1 EPS was 1.53 cents.
Looking at the great results from FLBHD and Hevea, we can probably say that Mieco's coming q3 EPS (assuming on Nov 21) will be great too, lets say 6.4 cents (Q2 EPS double of Q1 and Q3 EPS double of Q2). then we also assume the q4 EPS should be at least 6.4 cents or more. Thus the whole FY15 EPS = (1.53 + 3.21 + 6.4 + 6.4 ) = 17.54.
Using PE of 10, its FV at least RM 1.74.
So Mieco is the the next Hevea in making !!

Ans : ykinvestor is always very good in analysing stock, he did his homework well. I buy his story.
Thank you.

Posted by ykinvestor > 2015-11-18 12:32 | Report Abuse

Thanks a lot OTB :-)

Posted by Icon8888 > 2015-11-18 12:35 | Report Abuse

sifu OTB also very Geng (wink wink)

Posted by dnn78 > 2015-11-18 12:52 | Report Abuse

Icon sifu also very good i alwayd follow his write up wink wink*

Posted by yapie > 2015-11-18 12:54 | Report Abuse

Whoever buy during August at 0.70 ++ and still keep it **high five**
ha..ha....

Posted by funitec > 2015-11-18 13:01 | Report Abuse

Bought earlier: got fed up n sold. Bought back again after looking at Fundmentals; Go Go. Can dance A GoGo! nice to know have company to share good news. thanks to all on forum.

Posted by BearbearDrop > 2015-11-18 13:45 | Report Abuse

Secretly collecting last week when it is low

Posted by WINNING > 2015-11-18 13:51 | Report Abuse

look like people selling.