Posted by VTrade > 2021-01-26 16:02 | Report Abuse

Full oil loaded..... zoom...

Posted by SpicyMcDeluxe > 2021-01-27 12:19 | Report Abuse

kekw

Posted by chshzhd > 2021-01-27 12:59 | Report Abuse

freight value at 0.4 x tasco(4.00 now) =1.60

Posted by chshzhd > 2021-01-27 13:01 | Report Abuse

about 20% discount from tasco:)

Posted by ml2020 > 2021-01-27 18:55 | Report Abuse

more like 2.40 and beyond for a hot stock.

Posted by fungau > 2021-01-31 15:37 | Report Abuse

anyone checked the company's admin expenses which balloon faster than the revenue ?
they kept on mentioning the associate business which pulled down their bottom line, hw about the expenses?

Posted by VTrade > 2021-02-02 12:44 | Report Abuse

Yes, it go up flying

Posted by VTrade > 2021-02-02 17:40 | Report Abuse

Happy holiday guys.....

Posted by paperplane > 2021-02-02 17:43 | Report Abuse

everday fly, sui sui la

Posted by VTrade > 2021-02-02 19:03 | Report Abuse

Yes su sui

Posted by ml2020 > 2021-02-02 23:20 | Report Abuse

(partial of my two cents in reply to fungau)

As the first Malaysian-owned freight service company to be listed on the Main Board of Bursa, FREIGHT has proven its resilience throughout this entire period of time. While we expect many industries to suffer from continuous lockdowns and restrictions, Freight has still managed to clock over 20mil in Profit before Tax (end 2020). On top of this we see an increase in Net Assets per Share from RM0.80 to RM1.04 (from 2016 to 2020) with a healthy cash balance of RM58mil against total borrowing of RM88.5mil (translating to a low net gearing of 0.1x - impressively low for a same-industry comparison).

Breakdown of revenue contribution by service type: land & sea freight, air freight, warehousing and logistics ; the most important to note is segmental contribution by country being Malaysia (74.7%) therefore international closures and restrictions do not severely impact revenue and bottom lines.

Increasing administrative expenses are not always viewed negatively so long as there is a valid reason for it and at the end of it if bottom lines (profit) are protected. Recent information everyone should know by now - increased freight rates v deficit of containers; this doesn't entirely harm the company if cleverly managed, we forget that many times additional costs are pushed to end consumers.

Amputation of loss making tug business arm - we should respect Freight more than being happy for them, no business should continue running a division on losses; it's not about the service itself but perhaps they are better off focusing on their core competencies. (a comparison of "management decisions" can be done with PosM if you bother to do so)

Warehousing & logistics is the past, present and future. What we're all in right now is a pandemic-induced economic and political instability; and this is the 2nd driving force on top of global eCommerce boom for the logistics sector to thrive (if they prove to be worthy). Distribution of vaccines is peanuts if you're geared up and ready to serve the online marketplace directly or indirectly.

Note: much important statistics and figures are obtained directly from Freight's AR 2020 while the rest are personal opinions and in no way intended to harm anyone else. Just to share, I was locked onto Tasco back when they were trading at 80+ cents; also another much respected company in the market. Always happy to see well managed companies doing well.

Posted by chshzhd > 2021-02-03 00:22 | Report Abuse

well done ml2020!

Posted by paperplane > 2021-02-05 01:55 | Report Abuse

https://www.zerohedge.com/markets/reflationary-shockwave-literally-spreading-across-worlds-oceans

Posted by gloveharicut > 2021-02-05 16:04 | Report Abuse

Mr. Paper. Thank you for the write up.

A Reflationary Shockwave Is Literally Spreading Across The World's Oceans. Freight Rate more than 3x May20 level.

https://klse.i3investor.com/blogs/gloveharicut/2021-02-05-story-h1540336605-A_Reflationary_Shockwave_Is_Literally_Spreading_Across_The_World_s_Ocea.jsp

Posted by bluelight > 2021-02-08 16:38 | Report Abuse

Tasco break 5, hope freight will follow soon

Posted by Superb99 > 2021-02-09 12:09 | Report Abuse

this counter is very slow as compared to days ago

Posted by VTrade > 2021-02-10 12:43 | Report Abuse

Want fast go for tasco.
Want slow many is slow , some even got trap all over the place.

Posted by qq213795 > 2021-02-11 10:39 | Report Abuse

no pain no gain

Posted by Creativeteam > 2021-02-11 11:18 | Report Abuse

This counter is very huge discount to Tasco which is near rm6

Posted by onionchong > 2021-02-12 21:17 | Report Abuse

Is freight doing cold chain logistics as well?

Posted by Creativeteam > 2021-02-14 22:55 | Report Abuse

Visit their website

Posted by paperplane > 2021-02-14 23:21 | Report Abuse

Near 200% from my cost. Real wow

Posted by paperplane > 2021-02-15 09:27 | Report Abuse

ini scary,everyday up and up only, wakaka

Posted by paperplane > 2021-02-15 10:30 | Report Abuse

what is the best price to exit? sell half, lock in all free shares. No worry to hold a bit long.

Posted by paperplane > 2021-02-15 18:09 | Report Abuse

everyday up none stop, damn kao crazy man. up until i also afraid, wakakakaka

Posted by VTrade > 2021-02-15 18:27 | Report Abuse

Bull year, congrat to those earning ...... huat ar....

Posted by John8882020 > 2021-02-15 23:48 | Report Abuse

Big bull coming TP 3

Posted by paperplane > 2021-02-16 00:45 | Report Abuse

while my FREIGHT is already 200% from my cost avg, COMPLET AND SYSCORP started engine today near 10% range.

Well, fundamentally Freight still best for longterm, speculative money for COMPLET and SYSCORP. Both traded below NTA still. But I guess COMPLET has better track record in giving dividend. So perhaps a bit speculative play for me in COMPLET as its borrowing is near NIL with pile of cash since they sold assets last year.

Good luck trading. this is not a buy/sell advise. as always. just my personal nagging session.

Posted by paperplane > 2021-02-16 00:47 | Report Abuse

well, for now the shipping or container plays perhaps will be case in 1H2021 only, beware on trading such stocks. I guess 2H 2021 things might be back to normal

Posted by qq213795 > 2021-02-16 01:58 | Report Abuse

Agree with 1H2021

Posted by EugeneL > 2021-02-18 13:27 | Report Abuse

qr out PAT 6.6M and EPS 2.38,dividend 2 cent

Posted by onionchong > 2021-02-18 13:32 | Report Abuse

Is this considered a good result? Any sifu?

Posted by deon1987 > 2021-02-18 13:41 | Report Abuse

time to watch GDex, quartely result release soon

Posted by VTrade > 2021-02-18 13:48 | Report Abuse

Vaksin cucuk soon, This stock got involve in vassine?

Posted by deon1987 > 2021-02-18 13:55 | Report Abuse

https://www.theedgemarkets.com/article/tasco-gdex-partnership-winwin-say-senior-executives

Posted by VTrade > 2021-02-18 14:38 | Report Abuse

Wah,.... tasco 2

Posted by SHAH NURSYAHMIAIMAN NOOR JALAINI > 2021-02-18 15:08 | Report Abuse

https://www.theedgemarkets.com/article/freight-management-2q-net-profit-climbs-61-declares-two-sen-dividend

Posted by bjgdila123 > 2021-02-19 10:29 | Report Abuse

co untung tapi harga jatuh.... aku tak paham betul

Posted by paperplane > 2021-02-19 17:10 | Report Abuse

too many punters here. trade carefully. For me its all free shares, you all must be very careful trading cyclical stocks

Posted by VTrade > 2021-02-21 14:48 | Report Abuse

Transport vaksine is DHL and MAS

Posted by gohkimhock > 2021-02-22 10:38 | Report Abuse

another counter game over.. back to square one now. No hope for transporting vaccine.

Posted by mr_hustla > 2021-02-22 22:44 | Report Abuse

container still shortage. i think this company will do well this year.

Posted by mr_hustla > 2021-02-22 22:45 | Report Abuse

today price drop like there is no tomorrow. entry opportunity perhaps?

Posted by maxteoh1980 > 2021-02-23 13:10 | Report Abuse

What happen to freight

Posted by PunTatBerSiul > 2021-02-23 20:37 | Report Abuse

50% to 62% retracement from high!

Expected entry RM 1.2xx

Posted by VTrade > 2021-02-24 15:35 | Report Abuse

Got air disturb.... fly too high.. just stablise

Posted by KopiCPeng > 2021-03-01 14:47 | Report Abuse

Anyone has advice or opinions on the upcoming prospects? I'm holding some at price 1.33, thinking whether to hold or sell them off

Posted by ml2020 > 2021-03-01 19:16 | Report Abuse

@kopicpeng the best advice anyone should give you is to always set a cut loss no matter what stocks you're buying. no one can tell you how high or how low it will end up. if you scroll up you will see one or two comments boasting about how much he/she has earned and then giving nonsensical comments but again there are suckers like this at possibly any counter. There are many good stocks to look at, so set your own cut loss and ride with the flow.

Posted by VTrade > 2021-03-02 17:01 | Report Abuse

Do. Own evaluation and comparision on your criteria

Posted by Nathan27 > 2021-03-10 16:58 | Report Abuse

Got some at 1.15... last minute rebounded ... not bad...
one guy had a big quantity and no choice but to throw it down to the buyer all the way to 1.15...