Why the market is giving Subur Tiasa a very low PE ratio rating is
bcos the company ' s audited accounts are qualified by the auditors with concerns over it's bad financial situation.

Subur is hopeless.......KYY aleady sold.

China's auto association reported that car sales dropped 48% year on year in April.

Ringgit weakened to 4.37 .

Subur crashes 9.2% in one day as big short term speculators take profits.

KYY dumpimg now.....

It's simply overpriced.

Longer term investors are collecting.

Bad sign ..... people and insiders are taking the opportunity to sell.

Just 6 months ago Texchem was trading at 45% below its net assets per share.

Texchem is now trading at 33% ABOVE net assets per share while Evergreen is now at 30% BELOW net assets per share.

https://www.bloomberg.com/news/articles/2022-04-27/malaysia-s-ringgit-heads-for-steepest-monthly-decline-since-2016

Ringgit now 4.36 to the dollar.

Directors and insiders are slowly disposing......

Ringgit now 4.32 to the dollar

Even Mieco is now selling at 1.8 times net assets value.

Evergreen has one more huge advantage.... the rising dollar. All its sales are in dollars and its production costs are in ringgit.... hence double whammy positive profit impact .

Two weeks ago Texchem was also selling at a big discount to its net assets per share..... today it's selling at 28% above its net assets per share.

This counter is still selling at 37% discount to its net assets per share.

Wow. Just two weeks ago Texchem was selling at a big discount to it's net assets per share of 2.18.

If you are a good trader, then trade. If you are a good investor, then invest.

But if they are not good enough, both will lose money.... in which case the investor will lose much more than the trader. The market is fair and impartial.

But if they are good, both will make money, whether you are a trader or an investor.

The only difference is that good traders make less money than good investors.

What's wrong with being traders?

It's a value investors ' stock.

Texchem already trading above net assets per share while Evergreen still way below NTA per share.

Now ringgit/ USD is 4.28. It's likely to go to 4.40 then 4.50.

Ringgit at 4.28 is very good for local wood products manufacturers.

Both Texchem and Evergreen are for value investors.

https://www.cnbc.com/2022/04/16/how-russias-war-is-cutting-global-auto-production.html

A fair PE ratio will be about 25.

Texchem price has just reached its Net Assets per share, now no longer undervalued. Evergreen still way below NTA.

Substantial shareholders still unloading.

After selling then he tells you they are hopeless.

Strengthening dollar is good for furniture and panel board stocks.

The bubble was big and still is.

The most dumb bought at 6.00.

Smart money is still in the process of distributing to dumb money.

It's a dead cat bounce......or not even a bounce.

KYY selling.....

https://www.globaltimes.cn/page/202204/1258883.shtml

https://www.bloomberg.com/news/articles/2022-04-09/china-s-nio-delays-car-deliveries-as-suppliers-face-covid-halts?srnd=premium-asia

https://www.cnbc.com/2022/04/08/elon-musk-telsa-may-have-get-into-mining-refining-lithium-directly.html

How can palm oil counters go up when the EPF is selling them heavily ???

Texchem is also selling below it's net assets of 2.25

It;s selling way below it.s NTA of 1.23.

Get out of palm oil stocks......CPO price already peaked

Jtiasa is hopeless. Based on my golden rule of successful stock investment, the company share price must increase when the selling price of its products increase. Luckily I sold all my Jtiasa stocks at a high price before it dropped. Ignorant investors are still buying Jtiasa.

https://www.bloomberg.com/news/articles/2022-04-03/surging-costs-price-conscious-buyers-add-to-ev-makers-woes