Posted by Lew Chin Hoong > 2018-03-06 22:06 | Report Abuse

commodity price as at Jan-March 2018
positive impact with:
-lower sugar price compare to last quarter
-lower palm oil compare to last quarter (according to TA research, when palm oil lower, the demand for edible oil packaging is higher)
-higher MYR currency rate vs USD (Johotin as net importer benefit from MYR increase - 80% commodity is imported)

negative impact with:
-higher milk powder price compare to last quarter
-higher tinplate price compare to last quarter

:S if can make higher sales, lesser debt allowance and operation cost, this quarter should be better.

Posted by amzarb44 > 2018-03-06 22:12 | Report Abuse

Higher powder price? Shud pass to customers.....why company shud tanggung all that?

Posted by amzarb44 > 2018-03-07 09:33 | Report Abuse

Keep dropping....this must be stopped

Posted by WaAdaLui > 2018-03-07 09:39 | Report Abuse

For sure it will below 1.00, it just matter of time.

Posted by wakarimas > 2018-03-07 09:47 | Report Abuse

almost become penny stock.....

Posted by ltg100y > 2018-03-07 11:57 | Report Abuse

If drop back to 90 cents, for those long term investors who bought in since Sept 2016, it just become a dream, not earning a single cent from capital gain. Please go to AGM questions the management what they did for past 1 and half year. I propose reject their directors fee in AGM.

Posted by amzarb44 > 2018-03-07 12:33 | Report Abuse

I agreed with itg100y

Posted by Vnew > 2018-03-07 13:14 | Report Abuse

I agreed with itg100y

Posted by WaAdaLui > 2018-03-07 16:06 | Report Abuse

在情绪面前, 基本面 更本不堪一击

Posted by mjlee > 2018-03-07 16:30 | Report Abuse

agreed

Posted by wakarimas > 2018-03-08 08:05 | Report Abuse

when is AGM ? how to attend the AGM ?

Posted by amzarb44 > 2018-03-08 10:21 | Report Abuse

I cry thinking bout their bad result.....

Posted by desmondcsh > 2018-03-08 13:09 | Report Abuse

Hi Amzar, what’s your position?

Posted by amzarb44 > 2018-03-08 14:03 | Report Abuse

Desmondcsh I dunt understand what you mean

Posted by amzarb44 > 2018-03-08 15:45 | Report Abuse

Desmondcsh if you're director of this company im glad that you buyback my shares....I wanna switch to other....I really hope this is growth company.....not be stupid like this

Posted by NoPlayBall > 2018-03-08 15:47 |

Post removed.Why?

Posted by amzarb44 > 2018-03-09 16:03 | Report Abuse

Desmond csh if you dare come and buy my shares.....if you're director and have guts come and execute

Posted by desmondcsh > 2018-03-09 16:19 | Report Abuse

Hi Amzarb44, if you're not happy with this stock, just sell at the market. No need keep whining and issue ultimatum like I owe you a million. Also, I'm asking you on the position of this stock, how many lots you have and at what price. FYI, to all whom purchased above 1.1,1.2,1.3, are losing money, not only you yourself. I lose a lot too. If you're not happy with the performance of this counter, just sell it. And also, I'm not a director to this company. If you really want to sell it to me, we can have a dbt, Of course, I'll only buy from you if you're willing to sell below market value.

Posted by amzarb44 > 2018-03-09 16:27 | Report Abuse

I dunt want want to cursed you here Desmond csh....I have right to question the company management as long as im.the shareholders.....I HAVE RIGHT....my position is rm 1.46

Posted by amzarb44 > 2018-03-09 16:27 | Report Abuse

Below mkt value is in your dreams

Posted by amzarb44 > 2018-03-09 16:28 | Report Abuse

I mention again I HAVE ABSOLUTE RIGHT TO ASK AND QUESTION COMPANY AND MANAGEMENT

Posted by amzarb44 > 2018-03-09 16:28 | Report Abuse

We do gave money to them to make businesses not losing our money

Posted by amzarb44 > 2018-03-09 16:30 | Report Abuse

Better dont spend 82 millions for expansion wasting money

Posted by desmondcsh > 2018-03-09 17:08 | Report Abuse

If you want to question them, kindly look for the proper channel ie write to them, attend agm etc. You question it here, you think they will see this? Those directors won’t even have time to come here and read what you’re writing here. It’s painful to lose money but remember, you are not the only one.

Posted by amzarb44 > 2018-03-09 21:31 | Report Abuse

Lctitan has going up....its bcoz of FUNDAMENTAL

Posted by timewarp > 2018-03-11 02:48 | Report Abuse

it is cheap...buy now and keep it for at least a year..the mgt is ambitious..returns will be good

Posted by amzarb44 > 2018-03-11 09:34 | Report Abuse

Timewarp how do you know?

Posted by amzarb44 > 2018-03-11 14:55 | Report Abuse

Timewrp mind to describe what do you mean here?

Posted by amzarb44 > 2018-03-12 09:58 | Report Abuse

Timewarp come here please

Posted by WaAdaLui > 2018-03-12 11:00 | Report Abuse

If buy Nestle, sudah berapa untung? Current price RM150.00 .

Posted by WaAdaLui > 2018-03-12 11:03 | Report Abuse

One yr ago.
Johotin 1.20 Now 1.00
Nestle 75.00 Now 150.00

sigh

Posted by amzarb44 > 2018-03-12 12:33 | Report Abuse

Ask timewarp...he know

Posted by sapurakencana > 2018-03-12 14:43 | Report Abuse

if this issue not solve asap,i'm not afraid to said that this company may be incurred loss for the coming quarter..
Dont forget high material cost & doubtful debt issue still not settle.
I rather down grade this counter to 90cent before any improvement
01/03/2018 12:55
05/03/2018 14:15
06/03/2018 10:47

Posted by sapurakencana > 2018-03-12 14:44 | Report Abuse

CY1214

In the most recent 5 years, Johotin has spent total CAPEX of RM82mil for expansion.

Which is more than sum total of net profit for 2015 + 2016 + 2017 = RM79mil.

The business owner will only spent such a big amount of CAPEX if there is potential to grow and the company has the intention to grow.

As at end of Dec 2017, the new plant still haven't started to contribute to the company revenue and bottom line as per confirmation with the investor relation department.

Refer to Master ColdEyes book in 2018, normally the result from expansion of Johotin could only be shown after 1-2 years from the completion of the expansion. Johotin is one of the 4 companies that ColdEyes identified as growth company that he mentioned in his new book.

The 3rd QR 2017 also mentioned that Able Diaries Marketing started its operation since 3rd quarter 2017 therefore more distribution cost needed for start up.

Sapurakencana :

As at end of Dec 2017, the new plant still haven't started to contribute to the company revenue and bottom line as per confirmation with the investor relation department.

CY1214,if you the boss of this company,do you willing to wait 1 more year to start contribute to company after spend 82mil for the past 5 years.rediculous
01/03/2018 12:48

if this issue not solve asap,i'm not afraid to said that this company may be incurred loss for the coming quarter..
Dont forget high material cost & doubtful debt issue still not settle.
I rather down grade this counter to 90cent before any improvement
01/03/2018 12:55
05/03/2018 14:15

Posted by sapurakencana > 2018-03-12 14:50 | Report Abuse

please repeated highlight the same issue ,so that may be managment wil notice one day.

sapurakencana Another main reason is the reversal of RM3.01 million that was
recognised in the first quarter of the current year as gain on disposal of machinery. The equipment supplier
decided that they do not need the equipment and instead of a trade-in, they gave us a discount of RM3.01
million.
This also another un acceptable reason-did company engage unqualify engineer to make the wrong dicision to purchase the wrong machinery,until the company need to back charge under this quarter.
Doubtful debt appear 2 time in current financial year.
If this 2 issue continue happen,is unfair to the long term investor.
Management ,pls do the necessary step (SOP) to protect the shareholder interest.
Pls dont be silent,pls show the result to convience us.
28/02/2018 20:41
02/03/2018 09:33

Posted by sapurakencana > 2018-03-12 14:51 | Report Abuse

sapurakencana

please repeated highlight the same issue ,so that may be managment wil notice one day. I wrote this statement to prevent management repeat the same mistake /no excuse for the same mistake.

Profit decreased by RM4.14 million from RM3.8 million in the previous quarter as compared to the current
quarter’s loss before tax of RM0.34 million, mainly due to higher material and operating costs in the current quarter under review

-From the above statement, i agree there is a possibility of high material cost for the quarter under review.
But why operating cost also increase when revenue decrease / production decrease . From my understanding " for example if company engage 100 people for production line,monthly cost for manpower should be fixed .Electrical & water incurred in production should be reduce when production decrease.
Anybody who know this issue please highlight.

If no answer given,i wil treat this as a wastage in production.This is bad practice in manufacturing line.


28/02/2018 21:02
02/03/2018 09:37
05/03/2018 09:44

Posted by targetinvest > 2018-03-12 14:55 | Report Abuse

Best time to invest johotin is now.. Buy now and reap in 6 mths time

Posted by targetinvest > 2018-03-12 14:56 | Report Abuse

Will be like Supermax.. all sort of bad news come out.. but eventually it still fly upwards from RM 1.70 all the way to RM 2.70

Posted by targetinvest > 2018-03-12 14:56 | Report Abuse

all the naysayer talking crap and waiting to fish RM 1 range...

Posted by amzarb44 > 2018-03-12 16:25 | Report Abuse

What are you talking about? We'll decide after this coming AGM whether to dump or not....

Posted by amzarb44 > 2018-03-12 20:14 | Report Abuse

How do you know targetinvest it will be like supermax?

Posted by mrwick > 2018-03-12 23:34 | Report Abuse

I have interest in this stock.. Can see a future like dutchlady remaking

Posted by mrwick > 2018-03-12 23:35 | Report Abuse

the market condition is favorable to johotin.
Currency exchange in favor.
the drop is raw material milk price also in favor.
So is a double favor for johotin in 2018

Posted by targetinvest > 2018-03-13 09:49 | Report Abuse

I agree with you mrwick...
I will invest more on johotin at this current price

Posted by targetinvest > 2018-03-13 09:50 | Report Abuse

current price is very attractive given past fundamental performance of johotin.
Risk vs reward.. can go for long term position at current price range

Posted by targetinvest > 2018-03-13 09:51 | Report Abuse

amzarb44
If you want to wait for performance good only buy in.. that time not RM 1.02.. That time is RM 1.20 already..
When people see bad, you can see good, that is only the technique you can be ahead and faster than your competitor

Posted by amzarb44 > 2018-03-13 09:59 | Report Abuse

Rm 1.20? Still my position higher my position

Posted by targetinvest > 2018-03-13 10:25 | Report Abuse

If like this you better buy more now to average down

Posted by amzarb44 > 2018-03-13 11:01 | Report Abuse

Must increase 40 cent from now then it just I get my capital....not yet profits

Posted by amzarb44 > 2018-03-13 11:46 | Report Abuse

Btw are you sure the coming q quarter gonna be great?