Posted by CY1214 > 2017-12-06 14:00 | Report Abuse

The main reason that affect the company profit is the provision for doubtful debts. Without the provision the profit should have been increased.

What if there is another provision in 4th Quarter??? I have confirmed and they said all the receivables have been fully provided. So no more provision in 4th quarter.

Lets wait and see the 4th quarter resullts.

Posted by Misbehavior > 2017-12-06 14:31 | Report Abuse

@CY1214 provision is due to accounting rules or their management policy?

Posted by CY1214 > 2017-12-06 15:11 | Report Abuse

That was a specific provision. They are in opinion that one of the customer unable to pay back.
So they has taken 2 quarter to make provision that they will not be able to collect back all the debts.

They has stopped the supply to this customer since beginning 2016.

If in future they manage to collect back then will be reversal profit. But let's not hope for something uncertain.

Just Base on the earning prospect itself, the current price is very attractive.

Vested interest. Do your own due diligence.

Posted by Misbehavior > 2017-12-06 15:17 | Report Abuse

Thanks a lot CY1214

Posted by Misbehavior > 2017-12-06 15:19 | Report Abuse

after CY1214 explanation, price rebound :-)

Posted by ltg100y > 2017-12-06 16:01 | Report Abuse

If no more provision of doubtful debts in Q4 then the profit will be 8 million + 3~5 million. Moreover, Johotin has started it local sales in Q3, this is another interesting part. Hopefully it will be colourful result. This morning the share price really attractive.

Posted by WaAdaLui > 2017-12-06 16:10 | Report Abuse

Now below 1.20 cheap cheap u dun buy. Bila u mau buy wo? 1.30 1.40 or 1.50.... Hihi

Posted by yongyos > 2017-12-06 20:41 | Report Abuse

cy1214 thanks for your comments.
how do u know specific provision?
Did u write to the company to enquire or u ve attended the company briefing?

Posted by CY1214 > 2017-12-07 10:23 | Report Abuse

Hi I wrote to them as the explanation in the quarterly report is unclear.
Anyway, you can also attend AGM to clarify the same or wait for the audited report.

Posted by wakarimas > 2017-12-08 16:21 | Report Abuse

mmm....... is the specific provision able to collect back from debtor???

Posted by cyeec2000 > 2017-12-08 19:08 | Report Abuse

0.5 sens dividends is rm5 per share?

Posted by yongyos > 2017-12-08 20:04 | Report Abuse

specific provision is made for non collectible debts on specific customer. normally will follow with legal action. if the customer have business n it's just temporary out of cash then there is chance to get pay otherwise probably bad debts.

Posted by onlyinvestment > 2017-12-09 12:33 | Report Abuse

Really a share let me pop out my eyes. Drop a bit a bit but keep continue drop more than 5 month since June 2017 . Look like maybe will continue drop to RM 1 by next 3 month. I book another 6 month president room for myself...

Posted by LuckyG > 2017-12-09 22:17 | Report Abuse

management just have to come out and annouce no more provision will be allocate for next quarter the price will shot up . and explain what the provision of the last 2 quarter for .

Posted by Mohd Fahmi Bin Jaes > 2017-12-09 22:19 | Report Abuse

Not good

Posted by wakarimas > 2017-12-10 03:28 | Report Abuse

when is the agm?

Posted by Mohd Fahmi Bin Jaes > 2017-12-10 06:15 | Report Abuse

Dont know

Posted by wakarimas > 2017-12-11 15:30 | Report Abuse

today prices hike a lot. Any issue??

Posted by cheeboon1810 > 2017-12-14 14:50 | Report Abuse

too bad ！！

Posted by LuckyG > 2017-12-15 02:56 | Report Abuse

aluminium price drop 10% last 30days

Posted by michaelgoh > 2017-12-15 09:22 | Report Abuse

Next q will show good profit time to accumulate

Posted by WaAdaLui > 2017-12-15 10:54 | Report Abuse

Buy 1.22 & 1.19 Sell 1.24 & 1.25. cari makan sikit sikit

Posted by WaAdaLui > 2017-12-15 10:55 | Report Abuse

Q again to buy back... 来来来。。。。

Posted by WaAdaLui > 2017-12-15 10:58 | Report Abuse

SELL SELL SELL n BUY BUY BUY

Posted by LuckyG > 2017-12-15 11:16 | Report Abuse

yah same same here ... make few cents for lunch

Posted by LuckyG > 2017-12-15 11:18 | Report Abuse

allocate 10% for short term

Posted by WaAdaLui > 2017-12-15 11:37 | Report Abuse

FY17Q2 Revenue = 123,410,000 PAT = 6,884,000
FY17Q3 Revenue = 132,922,000 PAT= 8,079,000
FY17Q4 Revenue = 1 _ _,_ _ _,000 PAT = 1 _,_ _ _,000

Posted by mjlee > 2017-12-16 20:45 | Report Abuse

sad sad sad

Posted by Mohd Fahmi Bin Jaes > 2017-12-16 20:53 | Report Abuse

Why sad

Posted by keyin > 2017-12-17 11:24 | Report Abuse

USD become weak soon. Becareful

Posted by voon1900 > 2017-12-17 17:16 | Report Abuse

longkang stock

Posted by mjlee > 2017-12-18 19:49 | Report Abuse

sad coz keep dropping

Posted by mjlee > 2017-12-18 19:49 | Report Abuse

but still good stock anyway

Posted by cheeboon1810 > 2017-12-19 09:48 | Report Abuse

1.17liao。mati liao。。。

Posted by cheeboon1810 > 2017-12-19 09:49 | Report Abuse

no good stock anymore。。。

Posted by ITreeinvestor > 2017-12-19 10:14 | Report Abuse

Keep droping everyday , not a good sign.

Posted by Alex™ > 2017-12-19 11:00 | Report Abuse

milk tak laku =(

Posted by LuckyG > 2017-12-19 11:19 | Report Abuse

haha ..... record high sales lah ! they just press press then buy cheap . when they collect enough it will fly

Posted by WaAdaLui > 2017-12-19 12:42 | Report Abuse

Keep dropping... scare die me lo. Kikiki.....

Posted by LuckyG > 2017-12-19 13:14 | Report Abuse

what to do .... the improve on sale is less then expected . only 15% growth yoy . hope it will speed up next 2-3 Q

Posted by WaAdaLui > 2017-12-19 15:57 | Report Abuse

U guys so power ka? No scare meh!!! Hihihi....

Posted by LuckyG > 2017-12-19 16:05 | Report Abuse

i believe in fundamental . strong growth , strong profit . good dividend .
2015 dividend 3.5c
2016 dividend 4.0c
2017 dividend 4.5c

Posted by LuckyG > 2017-12-19 16:07 | Report Abuse

at the same time the company cash position getting better and better .

Posted by LuckyG > 2017-12-19 17:03 | Report Abuse

i might buy in tomorrow ..... still thinking hahaha

Posted by abu > 2017-12-20 11:36 | Report Abuse

I buy since few months ago when 1.56, till 1.4, 1.35, 1.30... now still drop n buy until no fund. hope decision is right.

Posted by WaAdaLui > 2017-12-20 13:55 | Report Abuse

Paper loss 16K, overall profit left only 2k!!! HuHuHu.... Pity me......

Posted by LuckyG > 2017-12-20 16:11 | Report Abuse

look like going to rebound soon .. now 1.18

Posted by WaAdaLui > 2017-12-20 17:32 | Report Abuse

@1.19 . Paper loss 14K. Overall profit 4k.

Lucky got extra bullet, cari makan at Hengyuan.
Cover 80% Johotin paper loss.

Posted by LuckyG > 2017-12-20 17:54 | Report Abuse

i make some from penta . sold and convert to johotin 4.30pm

Posted by WaAdaLui > 2017-12-20 18:44 | Report Abuse

I sold penta too early @2.40 :(
少赚了