Posted by TomyamGong > 2015-11-23 09:22 | Report Abuse

Something is wrong. Insider selling?

Posted by BearbearDrop > 2015-11-23 09:22 | Report Abuse

1.19 please

Posted by BearbearDrop > 2015-11-23 09:25 | Report Abuse

Good
Add another 10 lot

Posted by BearbearDrop > 2015-11-23 09:26 | Report Abuse

Pusher is coming back
Woohoo

Posted by leelc99 > 2015-11-23 09:26 | Report Abuse

Lol Mieco, fastest comeback I've ever seen. Well played. I pity those panic sellers.

Posted by BearbearDrop > 2015-11-23 09:27 | Report Abuse

Easily earn another 1000

Posted by BearbearDrop > 2015-11-23 09:27 | Report Abuse

Abalone tonight

Posted by nickychang > 2015-11-23 09:27 | Report Abuse

Thanks those 1.2 give me today

Posted by BearbearDrop > 2015-11-23 09:31 | Report Abuse

Again?
Good
More money come

Posted by likewise > 2015-11-23 09:31 | Report Abuse

result wasn't no good, all expected too high

Posted by likewise > 2015-11-23 09:32 | Report Abuse

buy when fear!

Posted by papaya > 2015-11-23 09:34 | Report Abuse

all t3 player panic......threw share like dumping gabbage.....hahaha.....all happy got cheap shares...

Posted by Grace Ly > 2015-11-23 09:36 | Report Abuse

those sell will regret

Posted by BearbearDrop > 2015-11-23 09:36 | Report Abuse

10 lot x 10 sen = 1000
Not bad at all

Posted by papaya > 2015-11-23 09:39 | Report Abuse

we called it mousang king drop from sky.....hahaha

Posted by likewise > 2015-11-23 09:50 | Report Abuse

game over?? or another wave?

Posted by KWB66 > 2015-11-23 09:52 | Report Abuse

Tomorrow T4 will getting worse....

Posted by BearbearDrop > 2015-11-23 09:52 | Report Abuse

Seller has no more show
May be they need to buy high to sell lower again
I had no problem to buy from them anytime

Posted by AhSook AhKou > 2015-11-23 09:53 | Report Abuse

Sighs still collecting so how ????

Posted by BearbearDrop > 2015-11-23 09:54 | Report Abuse

Let it go, let it go

Posted by ccp78789 > 2015-11-23 10:34 | Report Abuse

big player exit

Posted by dnn78 > 2015-11-23 14:53 | Report Abuse

big player exit??? who? who big player, how big? so need to sell now??... what is your advice pro..

Posted by bovunbursa > 2015-11-23 21:01 | Report Abuse

I dun think so. accumulate at 127. next shows coming

Posted by dnn78 > 2015-11-23 21:06 | Report Abuse

Same, cant get today at 125 only able accumulate few at 127

Posted by nickychang > 2015-11-23 22:29 | Report Abuse

50lots collected between 1.20 to 1.23 =)

Posted by dnn78 > 2015-11-23 22:41 | Report Abuse

Congrats Nicky, good buy eh... Hope tomorrow can see green with this counter

Posted by nickychang > 2015-11-23 23:25 | Report Abuse

Wish too. But for me. I will hold for damn long term. Because this counter has great potential. Short-term profit might not very outstanding. But I believe its company potential in long run. I wait until this company running full capacity. As a manufacturing. If running at Max capacity, only can c its true value. =)

Posted by Ezra_Investor > 2015-11-24 09:30 | Report Abuse

Brought some Mieco recently & joining boat. Pleased to meet you all.

Why Mieco?
1. If you've brought Hevea before, you'll the similarity between them - their power to repay debt is great. Basically in a nutshell, Mieco is another mini Hevea.

2. Still cheap according to it's Graham Number & DCF valuation.

3. Many missed this - The Directors wish to report that the relocation of the Group’s Semambu plant is well under way according to the timeline set with the first phase comprising construction of a new warehouse building and relocation of existing melamine impregnation line, anticipated to be completed by year end. Basically, more capacity to be utilized soon.

These are just the few of the many reasons to buy Mieco by the way.

Posted by Superb99 > 2015-11-24 10:16 | Report Abuse

sleeping liao?

Posted by Grace Ly > 2015-11-24 11:50 | Report Abuse

at the least, we already known that mieco has growth based on its current quarter report. unlike Sign, where no growth in quarter report. so is safe to buy mieco....do u all agree

Posted by Superb99 > 2015-11-24 12:39 | Report Abuse

I think mkt over reacted to sign, the company is not that poor, drops 40 over cents, gila

Posted by Ezra_Investor > 2015-11-24 13:23 | Report Abuse

Yes, market is overreacted to Sign.
Sign's this quarter net profit only falls 20%, read with me "20 freaking percentage only".
Which is not as bad as many actually thought it is.
Sign is already undervalued from the beginning anyway, with good fundamentals on free cash flow, current ratio, etc etc.
So I think the drop is most likely due to overreaction, or because of some funds overreacted and exited. (Knowledge: Funds manager have a responsibility to cut non-performing stocks during end of the year to make their portfolio looks nice).

Posted by Altec15 > 2015-11-24 13:47 | Report Abuse

I think the concern for SIGN now is whether it still has the ability like before, to keep securing new and large order books from developers for its project division growth or not.

Posted by Ezra_Investor > 2015-11-24 16:58 | Report Abuse

Unfortunately, there's no way to tell the future, and it applies to all stocks in the world. (Otherwise everyone will become millionaire every day.)

From what I've learnt about the company is that, they have tendered a lot of projects down the road. How many projects got approved to them, that one is out of their control.

Even w/o new order book, the company currently still have order book of 150 million, sufficient for now.

Posted by ChartMaster > 2015-11-24 18:14 | Report Abuse

150 mil is pretty low

Posted by Ezra_Investor > 2015-11-24 18:38 | Report Abuse

You must first understand their business model first.
Their projects department which rely on order books only takes up to 70% of the profits. 30% remaining are generated through retail selling.

If you see it this way, 150mil can last them at least for next year. Let's not forget they've already tendered for more order books. It's a matter of timing only.

Posted by Ezra_Investor > 2015-11-24 18:41 | Report Abuse

Anyhow I will stop discussing about other stock here. Not fair to discuss other stock while in Mieco's forum.

Posted by ChartMaster > 2015-11-24 18:43 | Report Abuse

it is low if compare to Hevea's one quater oredi achieved 123 mil but mieco takes 1 year to do 150 mil. it is pretty dam low .

Posted by Ezra_Investor > 2015-11-24 19:01 | Report Abuse

Compare apple with apple, orange with orange ma. What you say don't hold water la.
Hevea, Mieco are particle board/ furniture producers.
Sign is NOT a particle board/ furniture producer.

If you're saying like that, it's like comparing Genting with Hevea, or Comparing SAM with Mieco.
Mana make sense?

Posted by ChartMaster > 2015-11-24 19:28 | Report Abuse

ic . different class of horses. appreciated yr info , i will prefer to change to hevea, better horse. thanks

Posted by BearbearDrop > 2015-11-24 20:06 | Report Abuse

Just sell down the price
I am happily buy again and again
Thank for all your hardwork to sell it down

Posted by BearbearDrop > 2015-11-24 20:09 | Report Abuse

Without all of you
My dinner will be toasted egg with thick soy sauce and some white rice

Posted by Superb99 > 2015-11-25 09:31 | Report Abuse

MIECO's PE is hovering around PE12 so still ok

Posted by Superb99 > 2015-11-25 12:44 | Report Abuse

Looks like very strong selling pressure

Posted by funitec > 2015-11-25 12:57 | Report Abuse

Look at profit: increase 1.72 times EPS also increase 1.72 times.
You cannot compare Ferrari with Honda. Ferrari fast : Honda also can but ECONOMY wise? Getting from one PLACE to another? SAFETY?
Solid wood n chipboard.....Supply of raw material. Cost of Resin.. DEMAND!! PRICE! VALUE!
Chart master; I dont mean to belittle anyone. just want people to see .....the many FACTORS.FOR INVESTORS.
Hevea is good no doubbt...Mieco is New n Young.. so smaller. Old man may....... D Or fall Sick.Young also can You choose!
No Regrets. Good Luck !

Posted by hairi > 2015-11-25 13:17 | Report Abuse

Big glove counter huge down this morning due to china statement yesterday to buy malaysian bond. May increase rm soon. Same impact to hevea and mieco?

Posted by FullTime > 2015-11-25 14:48 | Report Abuse

Ferrari still stable , Honda is drifting down everyday . Mieco is heavily sick now

Posted by bonbon > 2015-11-25 15:51 | Report Abuse

Unloaded this morning at 1.24, good luck all

Posted by ChartMaster > 2015-11-25 16:29 | Report Abuse

me too , sold at 1.23 and move to Hevea ( Ferrari ) , MIeco is in ICU now. don't know can recover or not.

Posted by KWB66 > 2015-11-25 16:30 | Report Abuse

MIeco Game Over......