Posted by Warga Smka > 2017-05-29 18:20 | Report Abuse

Why NTA DECREASED?

Posted by WaAdaLui > 2017-05-29 18:25 | Report Abuse

Just back home from Johor...
Pagi pigi AGM, Noon go Forest city jalan jalan..

Posted by LuckyG > 2017-05-29 18:43 | Report Abuse

did they mention when the new factory going to operate ?

Posted by Cockcroach > 2017-05-29 18:46 | Report Abuse

Nta decreased due to dilution from bonus issue

Posted by wan7075 > 2017-05-29 18:51 | Report Abuse

result no surprise.. tmr maybe drop due to profit taking

Posted by Insider_News > 2017-05-29 18:53 | Report Abuse

Profit up but EPS drop, what will be market's response?

Posted by Cockcroach > 2017-05-29 19:01 | Report Abuse

Eps seen lower due to bonus issue dilution

Posted by Icon8888 > 2017-05-29 19:03 | Report Abuse

40% of the profit was exceptional items

Posted by keyin > 2017-05-29 19:21 | Report Abuse

Icon sifu, what your view for johotin

Posted by Cockcroach > 2017-05-29 19:22 | Report Abuse

Two dividends ex on 13 june

Posted by LuckyG > 2017-05-29 19:25 | Report Abuse

yah so i need to transfer all my warrant to mother if not rugi .... now understand why ppl dump warrant lolx

Posted by allispretty888 > 2017-05-29 20:04 | Report Abuse

profit before tax
tin 6,27 mil include one off gain
milk powder 7.76 mil
free cash flow has shown improvement as well
debt decreasing
dividen total of 3 cent

Posted by Warga Smka > 2017-05-29 20:21 | Report Abuse

Cockroach I dont understand what do you mean dilution due to bonus issue..need explanation

Posted by cheoky > 2017-05-29 20:42 | Report Abuse

Dont care. Double dividend.... holding cost cheap.

Posted by cheoky > 2017-05-29 20:56 | Report Abuse

Management definately is very cost conscious. Can see from the AR they sent to me.... comb bind. Macam photostate story book for 2 years liao. My regret is i sold some too early...

Posted by Insider_News > 2017-05-29 20:57 | Report Abuse

Price run ahead of fundamental if there was 40% of the profit in exceptional items, unless market treat this company differently

Icon8888 40% of the profit was exceptional items
29/05/2017 19:03

Posted by Patrick13 > 2017-05-29 20:59 | Report Abuse

Even exclude forex gain and gain on disposal of PPE, PBT still higher than 1QFY16. What made me surprise is interim dividend of 1.5 sen!

Posted by Patrick13 > 2017-05-29 21:00 | Report Abuse

Yes. Agreed. I also 傻眼 when received the AR.

cheoky Management definately is very cost conscious. Can see from the AR they sent to me.... comb bind. Macam photostate story book for 2 years liao. My regret is i sold some too early...
29/05/2017 20:56

Posted by Cockcroach > 2017-05-29 21:19 | Report Abuse

Warga smka
After a bonus issue, amount of shares become more.
So, if you take profit after tax divide by the total amount of shares including the bonnus issue, the eps is lesser

Posted by Insider_News > 2017-05-29 21:23 | Report Abuse

Some said good some said not so good, argue also no use, we will know by tomorrow. If down, means majority silence one voted not good, if up then majority said so.

Posted by Cockcroach > 2017-05-29 21:27 | Report Abuse

All depends on market sentiment. It has been bad for 1 week already

Posted by Ahead1268 > 2017-05-29 23:10 | Report Abuse

Impressive Result compared to preceding qtr:-
Net Profit increased by 129%.
Cash RM65mil.
Net Cash in operation increased 146%.
Strong equity with retained earning of RM106mil.
Borrowings decreased by 20% from RM67mil to RM54mil.
Actually not bad la...

Posted by kevin008 > 2017-05-29 23:20 | Report Abuse

Mar'16 cash 26.5m..loan 92m
Mar'17 cash 65m...loan 53m
No wonder company declare interim dividend
2017 dividend sure higher haha

Posted by LuckyG > 2017-05-29 23:29 | Report Abuse

anyone know when is the new factory going to operate ? or it had been operating ?

Posted by Warga Smka > 2017-05-30 05:56 | Report Abuse

Cockroach....I mean NTA....

Posted by SincereStock > 2017-05-30 08:44 | Report Abuse

the last bonus issue ex date is september 2016, how come the NTA decreased again now after so long after the bonus issue? did I miss something? hope someone can kindly enlighten me, thank you, newbie here.

Posted by SincereStock > 2017-05-30 08:48 | Report Abuse

is it because the exercise of warrant WA?

Posted by flairline > 2017-05-30 10:06 | Report Abuse

Weakness? Nta?

Posted by WaAdaLui > 2017-05-30 10:12 | Report Abuse

Hello..... good morning

Posted by Cockcroach > 2017-05-30 10:20 | Report Abuse

Nta increased from 0.90 to 0.94

So, what is the problem?

Posted by bgt9963 > 2017-05-30 10:26 | Report Abuse

dumb dumb hold...

Posted by SincereStock > 2017-05-30 10:41 | Report Abuse

@Cockcroach previous QR the NTA is still 1.83, seems like it comes down to 0.90 out of no where. Can't get any clue that suggests the NTA is cut in half according to the chart from 22 february 2017 until now

Posted by SincereStock > 2017-05-30 10:43 | Report Abuse

the bonus issue is something that happen during september 2016 by the way, which the NTA already go down from 2.24 to 1.73 during that time

Posted by WaAdaLui > 2017-05-30 10:45 | Report Abuse

New factory oledi operate, Production utilization Tin 90%, F&B 40%. (correct me if I m wrong, I heard tis during AGM)
mean tat F&B not in full strength yet.


I personally talk to MR Director after AGM, they will try to increase revenue and maintain the profit margin at the same time.
(reduce selling price to increase sale volume is not their way of business cos tis will reduce profit margin)

He said the 40% JV business at Mexico will start contribute at 2nd half of 2018.
Mexico business expecting sales USD 80mil per annual.

After our conversation, we shake hand. Last words from Mr Director "" be patient and wait for my good news""

I think 2017 performance will slightly better than 2016. And 2018 will be very very good.
u better dun believe what I wrote (cos I m 仙家淋）
Pls do yr home work B4 investing..

Hihihi........



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LuckyG anyone know when is the new factory going to operate ? or it had been operating ?

29/05/2017 23:29

Posted by iamwen > 2017-05-30 11:04 | Report Abuse

hi WaAdaLui, the mexico business sales of USD80M per annual is referring to the whole JV right? means JOHOTIN will benefit 40% of USD80M per annual?

Posted by Insider_News > 2017-05-30 11:07 | Report Abuse

Generally, the price is doing ok & good

Posted by WaAdaLui > 2017-05-30 11:11 | Report Abuse

He didn't mention clearly, we assume USD80mil from whole JV lo.
If 40% = USD 80mil, Wah !!!! like tat we all HUAT gao gao liao..... hihihi......


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iamwen hi WaAdaLui, the mexico business sales of USD80M per annual is referring to the whole JV right? means JOHOTIN will benefit 40% of USD80M per annual?

30/05/2017 11:04

Posted by kevin008 > 2017-05-30 11:15 | Report Abuse

if USD 80m is whole jv
simple calculation
usd 80m x 40% share x 4.3 rate x 8% margin(base on malaysia margin)

profit around 11m ..EPS 0.04 PE 15 dy RM0.60..huat liao hehe

Posted by Cockcroach > 2017-05-30 11:18 | Report Abuse

After bonus issue, the shares split to half

Posted by WaAdaLui > 2017-05-30 11:19 | Report Abuse

I ask director how much margin u can get from mexico business?
I said 20%?, he answer: no la 10% should be no problem...

Hihihi.......

Pls re-calculate, TQ

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kevin008 if USD 80m is whole jv
simple calculation
usd 80m x 40% share x 4.3 rate x 8% margin(base on malaysia margin)

profit around 11m ..EPS 0.04 PE 15 dy RM0.60..huat liao hehe

30/05/2017 11:15

Posted by WaAdaLui > 2017-05-30 11:32 | Report Abuse

Starting they will only operate 50% of the total plant in Mexico

If 50% usage of the plant can generate USD80mil revenue,
how about 100% of the plant is ready for production !!!!!!!!!!! Huiyo.... can u imagine

Hihihi..............

Posted by iamwen > 2017-05-30 11:40 | Report Abuse

thanks for sharing the information! looking forward :)

Posted by kevin008 > 2017-05-30 11:40 | Report Abuse

usd 80m x 40% share x 4.3 rate x 10% margin(base on WaAdaLui margin)

profit around 13.76m ..EPS 0.053 PE 15 dy RM0.795..huat liao hehe

how good u talk useless now...people only buy when see profit high and like to chase high hehe

Posted by WaAdaLui > 2017-05-30 11:48 | Report Abuse

During my conversation with Mr. Director
an uncle from Cheras Tmn Connaught stand a site listen what we talk.

Uncle Tan, if u r member in tis forum, pls say something, if not ppl really think tat I m 仙家淋

Wakakaka.............

Posted by kevin008 > 2017-05-30 11:53 | Report Abuse

i believe u la..i bought before bonus one..dy gain 100%
no need scare at all

Posted by WaAdaLui > 2017-05-30 12:02 | Report Abuse

Wah... u geng lo.... untung so many... can teach me mah?
Cheras uncle Tan oso very hao sei.... buy blow $1.00


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kevin008 i believe u la..i bought before bonus one..dy gain 100%
no need scare at all

30/05/2017 11:53

Posted by Cornerstone > 2017-05-30 12:03 | Report Abuse

but overall sentiment is bad, the price can still go up meh?

Posted by WaAdaLui > 2017-05-30 12:06 | Report Abuse

kevin008 sifu.... give sum tipsy la....give me a undervalue gem, I will study hard on it de.....

Posted by kevin008 > 2017-05-30 12:26 | Report Abuse

aluminum stock and steel stock
i hope johotin dun give so much dividend leh
better use the money go expansion...maybe india or afrika..milk powder demand sure got one due to population keep increase

Posted by Cockcroach > 2017-05-30 12:40 | Report Abuse

Overall sentiment is bad

Good news = nothing