Posted by amzarb44 > 2018-05-15 09:49 | Report Abuse

Our patience test to see it sideways downtrend for sooo long while others increase

Posted by amzarb44 > 2018-05-15 10:32 | Report Abuse

The price should surge if the result is good.....now you know

Posted by amzarb44 > 2018-05-15 12:22 | Report Abuse

I regrettably ask myself why I hv to stuck in this? Better buy INARI,

Posted by amzarb44 > 2018-05-15 12:32 | Report Abuse

I shud hv enjoy hefty profits if buy INARI back then

Posted by targetinvest > 2018-05-17 09:39 | Report Abuse

no more GST so will enhance more retail consumption

Posted by targetinvest > 2018-05-17 09:48 | Report Abuse

going to boost up back to normal!!!

Posted by targetinvest > 2018-05-17 09:52 | Report Abuse

enroute back to RM 1.15 will be imminent

Posted by targetinvest > 2018-05-17 09:55 | Report Abuse

milk factory start to contribute positively soon!

Posted by amzarb44 > 2018-05-17 11:08 | Report Abuse

How much it contribute?

Posted by sapurakencana > 2018-05-17 14:05 | Report Abuse

targetinvest,how you know factory start to contribute positively soon! proof me with the fact.
how about doubtful debt & currency exchange loss,wil it happen again. without reliable info,we only conclude it as fate news

Posted by targetinvest > 2018-05-17 14:36 | Report Abuse

let the share price do the talking

Posted by amzarb44 > 2018-05-18 11:24 | Report Abuse

Well supported......but need a larfe buying volume to increase the price

Posted by amzarb44 > 2018-05-18 14:35 | Report Abuse

Getting more interesting......goodamzarb44 result ahead.......finger cross

Posted by amzarb44 > 2018-05-21 10:00 | Report Abuse

The drama getting interesting....

Posted by sapurakencana > 2018-05-22 10:14 | Report Abuse

left 3 more day before quarter report release,beware of the trap like heng yuan (today drop RM1.07) because of bad result

Posted by amzarb44 > 2018-05-22 10:51 | Report Abuse

Luckyg so optimistic one

Posted by amzarb44 > 2018-05-23 12:07 | Report Abuse

Who has the feeling theof result is bad?

Posted by the13 > 2018-05-23 17:25 | Report Abuse

qr released

Posted by bthunter > 2018-05-23 17:26 | Report Abuse

acceptable

Posted by sapurakencana > 2018-05-23 17:36 | Report Abuse

are you sure the result is acceptable. profit before tax last year 13mil this year 7.9.for me it is unacceptable,nearly 50% drop.let me check the detail

Posted by ITreeinvestor > 2018-05-23 17:37 | Report Abuse

sound good, recover from 1Mil earning previous quarter.
Oversold in this counter obviously.

Posted by the13 > 2018-05-23 17:39 | Report Abuse

last q1 becoz of 1time sales gain, previous quarter huge loss becoz of 1 time gain recovered became a loss. Basically the sales on dairy f

Posted by ltg100y > 2018-05-23 17:53 | Report Abuse

Base on the result, the worst condition is over, the profit back to normal. However, i still want to ask the management, how long we still need to wait the expansion's fruits? Is the new plant (milk powder) still not contribute profit?

Posted by sapurakencana > 2018-05-23 18:25 | Report Abuse

Revenue (Mar2018) 103mil (Mar17) 102mil only increase 0.009%
(Mar2018) 103mil (Dec2017) 116mil means drop 11.2% ,it means no increase in revenue & also means that new plant still not bring any contribution to this quarter revenue & sales figure keep on droping,beware of this issue.

Posted by bnmacai > 2018-05-23 18:31 | Report Abuse

Justified la. Price now below 1. What else u still want?

Posted by sapurakencana > 2018-05-23 18:37 | Report Abuse

Cost of good sold (Mar2018) 89mil (Mar 17) 86mil
why cost of good sold increase 3mil when sales only increase 0.009%

Administration &distribution cost also up 2 mil when sales remain the same .
Admin & Distribution (Mar2018)8.884mil (Mar2017) 6.583mil

Foreign currency gain (Mar2018)2.105mil (Mar2017) 898K,it means that if deduct this 2 mil ,this quarter profit before tax only RM7.935mil - RM2.105mil = RM5.83mil ,do u think this is good

Posted by sapurakencana > 2018-05-23 19:02 | Report Abuse

Segmental sales & profit
Tin revenue (Mar2018) 29mil (Mar17) 23mil increase 26%
Profit (Mar2018) 3.1mil (Mar17) 6.2mil drop 50%
Tin revenue(Mar2018) 29mil (Dec2017) 27mil increase 7.4 %
Profit (Mar2018) 3.1mil (Dec2017) loss 340K
With this comparison means even though revenue increase ,profit keep on droping,wil this trend be continue for coming quarter? this is important due to this segment contribute 28.1% of total revenue.

Posted by sapurakencana > 2018-05-23 19:16 | Report Abuse

Segmental sales & profit
F & B revenue (Mar2018) 74mil (Mar17) 78mil decrease 5.2%
Profit (Mar2018) 5.2mil (Mar17) 7.755mil drop 32.9%
F & B revenue(Mar2018) 74mil (Dec2017) 89.33mil decrease17.16 %
Profit (Mar2018) 5.2mil (Dec2017) 4.87mil increase due to 2 mil gain in foreign currency,if deduct this gain current profit before tax only RM5.2mil - RM2.105mil = RM3.095mil
With this comparison means revenue decrease ,profit keep on droping,wil this trend be continue for coming quarter? this is important due to this segment contribute 71.9% of total revenue.
If new plant still not bring contribution,how to convience investor coming quarter revenue & profit will increase.

Doubtful debt also the big issue where still not settle yet.
23/05/2018 19:15

Posted by Sebastian Sted Power > 2018-05-23 19:35 | Report Abuse

Sapura, seem like you hold a lot. You so serious on every details

Posted by sapurakencana > 2018-05-23 19:50 | Report Abuse

Trade receivable (Mar18)81mil (Mar2017) 76mil up 6.5%
Cash (Mar2018) 76mil (Mar2017) 85mil drop10.6%
Shor term borrowing (Mar 2018 ) 50.7mil (Mar2017) 41.399mil increase 22% in short term loan.

With the fact stated above, i still maintain TP 82 cent till end of the year unless
1. revenue increase from the new plant.
2. Doubtful debt not happen again & again.
3. Increase Production efficiency

Posted by sapurakencana > 2018-05-23 19:55 | Report Abuse

Pls take serious on every item,other wise pls dont invest,This already happen in YTL power for example.

Posted by sapurakencana > 2018-05-23 19:57 | Report Abuse

Sabestian if can,pls attend AGM on June 2018.i can not made it.

Posted by ltg100y > 2018-05-23 21:00 | Report Abuse

In addition, pls help to question management, if new plant still not contribute, why still spend 14 million to build new plant which expect to complete in Q4'2018? It is ridiculous.
Last question is Mexico JV, what is the status?
I also not able to attend the coming AGM.

Posted by sapurakencana > 2018-05-23 21:28 | Report Abuse

Not only that ,still remember,during 2012 ,this company raise right issue RM29mil, RM25 mil for the purpose of buy land & build new factory.what is the outcome of this factory? start operation or not? how much it contribute to the company revenue.pls disclose.jangan diam diam OK.

Posted by wheelq > 2018-05-24 09:43 | Report Abuse

Johotin downgraded to HOLD (i think TP 1.02), sorry cant remember which market researcher.
haih...

Posted by Woolei > 2018-05-24 11:52 | Report Abuse

it so weird in the Quarter report, they didnt share the new plant status in the Prospect section.
Delay or Fail to implement have to mention!!

let wait for TA or others Financial Institution analysis, this report is nut.

Posted by sapurakencana > 2018-05-24 12:15 | Report Abuse

Judge your self base on fact,dont wait security firm to tell u the TP.They wil put u in trap like Lafamalaysia Jan TP 5.73, now 3.46, Johotin TP 1.48 (TA) & 1.60 now 0.99 and so many other.rediculous

Posted by LimKL1 > 2018-05-24 12:17 | Report Abuse

I shud hv enjoy hefty profits if buy INARI back then

Posted by LimKL1 > 2018-05-24 12:17 | Report Abuse

jom come and support this

Posted by LimKL1 > 2018-05-24 12:22 | Report Abuse

Justified la.

Posted by LimKL1 > 2018-05-24 12:23 | Report Abuse

waking up already!

Posted by amzarb44 > 2018-05-24 19:45 | Report Abuse

Limkl1 why you copy my statement?

Posted by sapurakencana > 2018-05-25 14:50 | Report Abuse

see TA only recommand TP RM1.02 ,means no room for up trend, but big possibility to go down.

Posted by amzarb44 > 2018-05-28 17:25 | Report Abuse

Getting fedap day by day

Posted by amzarb44 > 2018-05-31 17:22 | Report Abuse

All rebound except this

Posted by amzarb44 > 2018-06-01 16:59 | Report Abuse

Shud I avg down? Sobs

Posted by sapurakencana > 2018-06-02 00:14 | Report Abuse

with so bad fundalmental,you still consider average down? invest at your own risk.

Posted by amzarb44 > 2018-06-02 20:20 | Report Abuse

I'll see another few more quarters

Posted by amzarb44 > 2018-06-02 20:20 | Report Abuse

They declared dividend....not bad

Posted by nellsonspicy > 2018-06-03 09:53 | Report Abuse

Actually based on the past trend, usually the 1st quarter are the worst performance throughout the year. This happen to nestle, dutchlady as well. Lets said johotin remain the current performance and remain the same eps, and second to 4th quarter pick up like past trend, (0.0245+(0.0245×1.10×3) =0.1053. Let said the market willing to give 10pe, the share should worth 1.05 at the moment. It is relatively cheap at this moment