Result is worse compare to 2016Q4, but few good points,

1. Result is better than 2017q3,
2. OCF generates RM44mm current quarter, full year OCF also more than last year.
3. notes states labour shortage issue is resolved.


Forex loss is around rm2.3mm, which affects 20% of result (during 2017.10-2017.12 USD drops around 20 cents vs MYR). if USD maintain at current level till next quarter, they will loss around the same. Hopefully the new plant, eringi cultivation and labour force increased would able to cover this loss substantially

OCF + 70mm, the amount of debt reduce means past 3 months they dont have to pay hefty interest.

Revenue is down, but so is operating cost. does it means they have found a way to manage labour expenses?

Kang Yao Anyone attended their agm previous year? Like to know if they conduct slideshow presentation and how open are the management during Q&A

Anyone from KL/PJ wanna carpool to their AGM on Friday? We can split petrol /toll cost. Whatsapp me 011-23392780 (whatsapp only)

Anyone track what's the total volume transacted through out the downtrend?

from 2016AR, USD weakened 10%， PBT will only reduced by RM4.3mil. so why the price come down so much due to USD weakening?

from 2017AR, if USD weakeaned by 15%, PBT will increase RM30mil.... assumed current weakening around 10% from 2017, PBT will + RM20mil, is that the reason why the Gov fund keeps buying?

http://www.theborneopost.com/2018/01/17/wood-based-manufacturers-earnings-prospects-to-face-challenges-in-2018/

Hevea has a 60-70% hedging policy though

anyone know who funded the production line of airbar?

neonode CEO just step down.... airbar sales aint picking up, you can check its not even launched in china, which in their quarter conferencing claim it should be in jd or tmll last year

where can you find cold eye latest holding?

thousand thanks. wish i have attended the agm too

anyone going agm tomorrow from cheras? wanna look for carpool to share cost

https://list.tmall.com/search_product.htm?spm=a220m.1000858.1000724.4.4c637810M1KEuT&q=%B5%C2%D2%E2%D6%BE%C9%BD%B7%E5&sort=d&style=g&from=.shop.pc_1_searchbutton#J_Filter

Their Tmall statistic looks quite bad.
The mainstream player are shifting to Asian celebrity, how can they fight, check out sevenwolves
https://list.tmall.com/search_product.htm?q=%C6%DF%C6%A5%C0%C7&type=p&spm=a220m.1000858.a2227oh.d100&from=.list.pc_1_searchbutton


If they don't have a competitive edge, The more counter they bragged about, the more they will bleed.

we have a good candidate for Bandar Malaysia >D

the previous year crappy result is mostly due to the ipp shits, since its resolved now, expect mudajaya to goes back to its previous target. and based on the tender records on highwy, mrt, mudajaya has pretty high success rate

Hevea recently bought a piece of land from their directors, 3.13ha for rm13mm(rm40/sqft).

Based on the valuation from their list of properties, their current factory land is value at rm30/sqft. and adjacent available factory for sale with building is rm50/psft, empty land which just sit across the main road is rm19/sqft

Is it overpriced? anyone look into this?

anyone attended yesterday agm? mind to share?

the company IPO raised 17mm, from their prospectus, they distribute 13mm as dividend to shareholders for past 3 years, its a very obvious interpretation.

And, none of their customers are the top glove manufacturer in Msia.

Anyone knows what happens to the 2014 revenue when its restated in 2015 AR?

Does anyone notice besides the founder, the rest of director holds almost 0 shares.
Director remuneration also show two figure, one is rm6.6MM, another one shows rm21.4MM, which one should i refer to?
And how come their margin so low? even in restaurant division....

anyone went through their AR. it seems the bauxite mining is done via joint venture with WZ Satu, but i don't quite understand the deal, my interpretation is
TM will pay WZ rm80million for 36 month work, with the condition of minimum 5000mt to be mined/month. and TM will only get usd13.75 per mt?
Anyone can clarify on this deal?

Any investors attended their AGM to question their director remuneration of 3.9MM over a PAT of 12MM? its not just one year, previous few years also pay out around 30%....

I thought contract renewal will be finalized few months before the current contract term end, not the last day.
dunno if i'm wrong, from their report the net profit generated from government contract under FACILITY, the profit margin is very low, from ENVIRONMENT sector the margin is more lucrative.

when will they know if the contract will get renewed?
if there's so much cash, why don't distribute as dividend since ROE so low?

the employee sell 19million worth of shares and the company takes shareholder equity to do a buyback? what the heck.

Anyone evaluate their vacant land holding?

How come their directors don't hold and shares in the company?
From their AR2015, it shows there's sudden increase of gold inventories amounted 9MM.

Anyone calculated the real value of all the lands the company owns? many of them are on 30 years lease though....