QL RESOURCES BHD

KLSE (MYR): QL (7084)

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Last Price

4.87

Today's Change

+0.02 (0.41%)

Day's Change

4.84 - 4.90

Trading Volume

1,251,300


4 people like this.

2,732 comment(s). Last comment by WongGK92 1 month ago

market

36 posts

Posted by market > 2015-07-01 13:42 | Report Abuse

yaya overvalued dont buy then up until 5.00. Ohh overvalue again dont buy later split share bonus 3.00. overvalue again ........... after 10 year ql 10 time larger than current price. overvalue again. hahahahahahhahahahahaha

cmchin

146 posts

Posted by cmchin > 2015-07-01 23:22 | Report Abuse

Hope can break resist point $4.15 and toward $4.50.

yapie

301 posts

Posted by yapie > 2015-07-29 17:04 | Report Abuse

wow... what happen here suddenly this counter moves...

cmchin

146 posts

Posted by cmchin > 2015-07-29 23:33 | Report Abuse

Final dividend 0.0425 sen.

cmchin

146 posts

Posted by cmchin > 2015-07-30 20:18 | Report Abuse

52 wk Higher Price $4.24

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-07-31 13:50 | Report Abuse

steadily rise.......

Good counter.... when economy down it swing at around RM4.00

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2015-08-15 12:40 | Report Abuse

This counter is very strong. Even in current climate, it did not drop too much. Still maintain RM4 level. I am waiting for it to drop below 3.50.

Icon8888

18,659 posts

Posted by Icon8888 > 2015-08-15 19:54 | Report Abuse

They have a huge poultry division ?

duitKWSPkita

26,756 posts

Posted by duitKWSPkita > 2015-08-15 19:59 | Report Abuse

Poultry livestock also got... Some ad hide so do it in Sabah..

No worries about market turmoil... QL's core business is Surimi and Frozen foods n trading of sea products...

Keep 10 years and buy on dip lo...

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2015-08-28 11:59 | Report Abuse

what happen during AGM yesterday? saw the report that states about 5% oppose reappointment of one director and 7% oppose director's right to issue up to 10% share. Who are these minority shareholders?

Posted by L. C. Chong > 2015-08-28 22:39 | Report Abuse

QL Analysis - http://wp.me/p17Hxk-2m0

crystal168

1,663 posts

Posted by crystal168 > 2015-10-27 10:30 | Report Abuse

Lai liaoooooooooooooo

Hahahahha

But this one i takut !!!!

market

36 posts

Posted by market > 2015-11-30 15:04 | Report Abuse

pushing to rm6

KUCIMIAO

141 posts

Posted by KUCIMIAO > 2015-11-30 17:50 | Report Abuse

Really...another round of bonus...been accumulating and keeping for 7 years now. Just love this counter. Steady growth in earning and solid management.

KUCIMIAO

141 posts

Posted by KUCIMIAO > 2015-11-30 17:53 | Report Abuse

Opps...this time round I prefer the price increase...kikiki

market

36 posts

Posted by market > 2015-12-02 15:12 | Report Abuse

sell ur house, car, FD, mutual fund, wife, child................. put in this stock for 20 years u will become happier person. i estimate QL will become 500 times bigger after 20 year. After 20 years retire like wealth inheritance phew syiok!!!

cywel

5 posts

Posted by cywel > 2016-01-09 04:50 | Report Abuse

how much good price to enter this counter?

Posted by iloveshare128 > 2016-01-14 11:34 | Report Abuse

what happened to QL today? Hike up so much!

cmchin

146 posts

Posted by cmchin > 2016-01-14 22:52 | Report Abuse

Slow and steady but very boring counter. Each quarter is earning money.
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=Q&source=M&securityCode=7084

Posted by TimothyLim > 2016-01-26 13:21 | Report Abuse

Guys, I haven't followed this share for awhile but a recent review showed a drop in ROE for the past years and an increase in debt. Any explanation?

grace123

677 posts

Posted by grace123 > 2016-01-28 10:45 | Report Abuse

Good Management, can buy.

ruby828

1,000 posts

Posted by ruby828 > 2016-02-17 18:30 | Report Abuse

Can start to prepare to buy....its going down.....

ruby828

1,000 posts

Posted by ruby828 > 2016-02-17 18:30 | Report Abuse

well...the average is 4.36, right?..

xjteh

192 posts

Posted by xjteh > 2016-02-23 13:28 | Report Abuse

ql is moving in the box range of 4.46 to 4.65, once breakout of 4.65, there will be another round of move ups

ruby828

1,000 posts

Posted by ruby828 > 2016-03-15 11:12 | Report Abuse

start come down liao...start sapu.....

ruby828

1,000 posts

Posted by ruby828 > 2016-03-16 12:04 | Report Abuse

anyone sapu or kena sapu liao???

ruby828

1,000 posts

Posted by ruby828 > 2016-03-16 15:50 | Report Abuse

iya...y no volume?? all pergi mana???

ruby828

1,000 posts

Posted by ruby828 > 2016-03-18 15:35 | Report Abuse

err...anyone know what happen to ql??also stagnant......

ruby828

1,000 posts

Posted by ruby828 > 2016-03-23 13:03 | Report Abuse

Luckily i m stil holding .......

Posted by iloveshare128 > 2016-03-24 16:22 | Report Abuse

who pushed the price up today? haha...

ruby828

1,000 posts

Posted by ruby828 > 2016-03-25 09:07 | Report Abuse

Dunno leh.....bought at 4.28...yesss....

kfoong81

38 posts

Posted by kfoong81 > 2016-04-04 18:33 | Report Abuse

any good news for QL ?

ruby828

1,000 posts

Posted by ruby828 > 2016-04-04 19:48 | Report Abuse

dunno about good news...but make money liao.....yeh....

skyz

1,650 posts

Posted by skyz > 2016-04-12 10:52 | Report Abuse

i was here hoping to read about discussion and opinions towards QL venturing into convenience store business. i was surprised that the last comment was 1 week ago. so dead meh this counter? lol

Noob123

15 posts

Posted by Noob123 > 2016-04-12 11:39 | Report Abuse

I am also here to find out the market sentiment on QL. Skyz, how do you think?

skyz

1,650 posts

Posted by skyz > 2016-04-12 15:03 | Report Abuse

personally I dun think convenience store business has demand in malaysia. for myself, I couldn't recall when I stepped into 7-11. maybe just to get a can of coke or ice cream only in this hot weather. hehe... furthermore, malaysian culture is not like so rushing and hectic like those in HK and Japan whereby they really have no time to eat, and will grab anything on the go.

skyz

1,650 posts

Posted by skyz > 2016-04-12 15:06 | Report Abuse

and I feel you need quite a lot of capital to stock up in goods to operate convenience store. and from their vast location across the nation, logistics and distribution will eat up the margin. and some items might be slow moving. and at the moment, they can get a bargain price for the supplies as opposed to hypermarkets whereby they get in bulk. i dun think this diversification will bring positive momentum to the group earnings. IMHO

omnigunk

191 posts

Posted by omnigunk > 2016-04-13 09:57 | Report Abuse

I took a risk and bought in. This is for long term.

michaelwong

3,072 posts

Posted by michaelwong > 2016-04-13 16:38 | Report Abuse

Time to enter .

Posted by Forwardmind > 2016-04-13 17:15 | Report Abuse

Confidence with management decision, their existing own products( fresh eggs, fish, chicken ) will be sold in Family mart too.

Aero1

1,475 posts

Posted by Aero1 > 2016-04-14 09:06 | Report Abuse

Investors seem to dislike recent corporate move. QL still rich in its valuation.

Posted by Forwardmind > 2016-04-14 09:38 | Report Abuse

Maybe investors still think too early to invest in. For long term, it is worth to invest...

teoct

480 posts

Posted by teoct > 2016-04-14 09:51 | Report Abuse

From a business point of view, the FamilyMart should be complementary to current business. That is, it is additional outlets for QL's products. Secondly on logistic, QL already is a master as they are distributing their product to the many supermarkets, etc around the country. So maybe with the convenience store, the current distributing fleet maybe better utilize, thus lowering overall operating cost.

With adoption of IT (which I am sure they will, especially FamilyMart system), the inventory holding cost should be low and there should be minimal dead products.

Management of pilferage and cash flow should be the key focus and this could easily add to the overall margin.

Yes, return for this investment will only become visible in 5 to 10 years. Some figures:
Propose 300 stores in 5 years, each cost 250k, investment of 75 million.
Each store expected to have revenue of 800k, i.e. overall revenue of 240 million.
Say, margin of 5% only, give profit of 12 million, that is 16% return on investment, not bad.

Yes, this is a simple back of the envelop calculation, but think, out of the 240 million revenue, maybe about 40% (i.e. 96 million) of this goes directly back to QL for eggs, fish products, etc. This is about 3% of overall QL revenue. Now, when they hit 1000 stores, that would contribute about 320 million, no small change this.

Of course, one could argue that this may cannibalize it's traditional market, a bit yes. The targeted market is different from traditional supermarkets. Execution risk is there.

My family hold QL shares and will continue to hold.

sbsoo111

65 posts

Posted by sbsoo111 > 2016-04-14 12:30 | Report Abuse

Family mart is world second largest convenience store, from what is see, QL is not hunting for local market, but Global. imagine all 17k worldwide store is displaying QL product, that should nice right?

Secondly, it could be an entry ticket to join the global branding.

teoct

480 posts

Posted by teoct > 2016-04-14 13:11 | Report Abuse

sbsoo111, indeed this is a possibility, especially where both QL and FamilyMart is present.

Leong Tan

58 posts

Posted by Leong Tan > 2016-04-14 16:10 | Report Abuse

all the news was show timing to enter. but is it over value price now?

sbsoo111

65 posts

Posted by sbsoo111 > 2016-04-14 16:18 | Report Abuse

since day one QL is over value, no one will look at it's PE

Leong Tan

58 posts

Posted by Leong Tan > 2016-04-14 19:00 | Report Abuse

the buy price should be 3.5 to 4.0

Aero1

1,475 posts

Posted by Aero1 > 2016-04-15 08:55 | Report Abuse

I love QL. It is another Nestle in the making. Barrier to competitors are high. Solid business model and inelastic to up and down in economy. But will only consider when the price is below RM4 which will then make the yield more attractive. Don't think the price will move a lot as it is already very rich in valuation.

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