Koon Yew Yin's Blog
Good fundamentals must prevail - Koon Yew Yin
Koon Yew Yin
Publish date: Sat, 30 Jan 2021, 10:06 PM
Koon Yew Yin
0 1,424
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
The Covid 19 pandemic is affecting almost all the listed companies except medical gloves, medical products for virus prevention and a few other stocks. As a result, all the glove makers can easily increase their selling prices to make more and more profit. Many Scientists predicted the pandemic will continue for another 4 or 5 years. All the glove stocks should be going up higher and higher for a long time.
Unfortunately, short sellers, fund managers and manipulators have been depressing the share prices of glove stock in the last 2 months.
Unusually Fund managers are holding many non-performing stocks and they are losing money. That is why they want to depress glove stocks so that they can buy at cheaper prices.
Fund managers do not recommend glove stocks especially Supermax. They are recommending speculative stocks so that they can sell their non-performing stocks.
Supermax just announce its 2nd quarter EPS 41.14 sen. Its 1st quarter EPS 30.58 sen, totalling 71.72 sen. I believe good fundamentals profit will prevail eventually. Supermax management mentioned their highest average selling price has not reflected in the 2nd qtr.
As I said earlier, the pandemic is affecting almost all listed companies. There are very few really good stocks to buy and many investors buy stocks based on rumours or on speculation.
The following are some examples of overpriced speculative stocks in comparison with Supermax.
|
Name |
Price (RM) |
Latest Q |
Previous Q |
Total EPS (sen) |
|
Supermax |
6.80 |
41.14 |
30.58 |
71.72 |
|
Pharma |
4.91 |
0.55 |
3.82 |
4.37 |
|
Vitrox |
16.60 |
6.30 |
4.87 |
11.17 |
|
Unisem |
8.40 |
6.92 |
4.67 |
11.59 |
|
VS |
2.75 |
3.56 |
2.92 |
6.48 |
|
Uchi Tech |
2.69 |
5.28 |
2.62 |
9.72 |
|
Penta |
6.30 |
2.11 |
3.58 |
5.69 |
|
UMC |
12.78 |
3.95 |
3.95 |
7.90 |
|
D&O |
2.75 |
1.30 |
0.06 |
1.36 |
|
Greatec |
5.62 |
3.71 |
2.82 |
6.53 |
|
Dufu |
3.72 |
2.50 |
3.90 |
6.53 |
|
SKP |
2.19 |
3.53 |
0.80 |
4.33 |
|
FPI |
2.63 |
10.40 |
3.40 |
13.80 |
|
PIE |
3.15 |
3.58 |
1.09 |
3.43 |
|
Gamuda |
3.30 |
4.35 |
-0.69 |
3.66 |
|
MPI |
33.00 |
28.00 |
25.75 |
53.80 |
|
Genting |
3.98 |
-3.40 |
-20.41 |
-23.81 |
|
B Tobaco |
13.10 |
22.3 |
19.10 |
41.4 |
|
Gtronic |
3.19 |
2.69 |
0.75 |
3.44 |
|
Genetec |
2.76 |
6.18 |
-4.93 |
1.25 |
|
KGB |
2.16 |
1.53 |
0.20 |
1.73 |
|
Inary |
3.40 |
2.15 |
1.09 |
3.24 |
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
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Discussions
1 person likes this. Showing 36 of 36 comments
Uwc inari oso spell incorectly. I think u need to do more study first. Realy old watetfish
2021-01-30 22:39
Old uncle, i think it is beter u just keep quiet. The more u writr wrongly, the more ppl feel fedup n agrer with ur nonsense statement
2021-01-30 22:44
CIMB target price is RM11.80, I think the given target price is fair enough.
2021-01-30 22:45
uncle forgot about euro,focus,amtel,kpower,scib,jftech,kgb,D&O,eita….hehe
2021-01-30 23:17
after uncle switch all fund to topglov, then only his next article will out
2021-01-31 00:34
Maybe people expecting Supermax expansion plant into US and UK will be a big failure because UK and US will still buying from those cheaper producers from Malaysia.So UK and US plants will be Supermax waterloo.
Better switch to same other counters that give you better dividend.
2021-01-31 07:34
Last week chart prevail, this week fundamental prevail. Didn't kyy made fun of otb for being a lalang, he himself is no better.
2021-01-31 08:05
Market volatility will likely to spike crazily this coming week... taking cue from the GameStop saga
2021-01-31 11:15
wahahahhaa... laugh die me... list of so-called "speculative" stocks... yo.... FPI and Uchitech also in the list.... poor little FPI and Uchitech... year in year out good business performance, give good dividend also included in this list...
2021-01-31 13:19
Can someone delete this post or can ask him to delete this post. Realy shameful
2021-01-31 14:25
Everyone knows that uncle will shift to TOPGLOVE.
1. After supermax cross uncle cost , he will sold it off.
2. He will join Topglove
3. He will write an article saying TOPGLOVE is biggest glove producer.
4. He will write an article saying TOPGLOVE has more production and more sustainable for long run.
5. He will write an article to "fight" shortseller.
6. He will roti canai again.
2021-01-31 15:05
i think he wrongfully quoted people. SC should take action against this.
2021-02-01 08:00
Posted by PureBULL ... > Jan 31, 2021 5:09 PM | Report Abuse X
The world HOT topic now is on Short Squeeze.
only TG is in the topic. n would be the only glove to play for high chance of winning big.
My take : focus more on TG if u r glovers.
TG > 755 = SS kaput
This equation could finished off the SS :
If a giant fund comes to accumulate TG for a few mkt days n then whack it up to > 730 n stays = surely jpm boys will panic buy .,. .,.
2021-02-01 09:34
Companies saying ASPs continue to higher yet analysts forecasting huge declines... Who knows better? Multi-year glove veterans or some mid 20s kids?
2021-02-01 13:49
Hoot 9 e
Vaccine data.
https://www.theguardian.com/world/2021/jan/31/israel-covid-vaccination-data-offers-hope-exit-pandemic
2021-02-01 13:53
Malaysia vacination realy slow. Many countries oredi started. Wat is the minister doing?
2021-02-01 16:19
Good fundamentals must prevail but why cannot ? Many writers and IBs report are with ulterior motives. KYY did contribute 99% of retail investors failure. Too bad.
In share market don't trust any report and write up.
2021-02-01 17:10
Supermx profit margin start drop from 58.4%(Q121) to 53%(Q221). Be careful. Better sell.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7106
2021-02-01 17:36
Why are so many people hating Mr. KYY here?
He presented his points with facts and figure and sound analysis.
You are right that the market does not always follow the fundamentals. So it is up to the readers to put their money according to risk appetite. I decided to buy this stock after reading Mr. KYY's analysis and am now stuck paper lost, but i will not blame him. It is just that market does not always follow fundamentals in a timely manner. I am hoping that fundamentals will prevail eventually.
2021-02-02 14:30
some ppl never make money in investment. Tht partly is due to own characters. Very obvious.
2021-02-05 12:23
@leonco, many people before did follow kyy'advices, in the end all end in tragedy.the truth is ,many flaws in his analysis.
2021-02-05 14:14
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