with such good news, let's see can it breaks the Fibo resistance at 0.56 tomorrow.

https://www.facebook.com/ifrit2020/photos/a.232457777294837/870462920160983/

It broke the trendline resistance last week, if it can stand above the trendline (it became the support now), good chance it will go north further.

https://www.facebook.com/ifrit2020/photos/a.232457777294837/867463507127591/

1.73 is critical support for Serbadk. Once broken, may go down in short term...

https://www.facebook.com/ifrit2020/photos/a.232457777294837/868665293674079/

As long as it stands above 0.560, great chance to go north further. next resistance is 0.605

look at the value of the company instead of the stock price.

ikan bilis like us can never fight with the buaya in short term, we can only outplay them in long term, by leverage on the value of the company.

stock price may fluctuates in short term, but its value will show in long term.

@pang72: Sure, everyone has his own opinion. I respect yours.

FY 2019 to date, Orion EPS was 0.58 cent (2019Q1 0.18, 2019Q2 0.4). Given it still can earn the same (assume it has +30% profit growth to offset the PP's diluted EPS), FY2019 EPS will be 1.16 cents.

at EPS 1.16 cents, current stock price of 0.21 is at PE 18. the current stock price was heavy push by the fact that it MAY become a Fintech company and good future business prospect in government sector. But the profit is yet to follow the stock price. I will leave you all to judge. In stock market there is no right or wrong, just untung or rugi only.

@r18: it is an old news, but the private placement shares have yet to be listed. Once listed, moving forward its earning per share will be diluted by 30% (because EPS is calculated by earning divide by total shares).

What we will get after PP? nothing except diluted EPS.

To me PP is worse than right issue. at least retailers like us can choose to participate in right issue.

@r18: 29.9%

Orion doesn't give dividend, and its warrant expiry date is Jul 2021. If you trade for short term, there is no reason to buy mother share...

179 million private placement shares (29.9% of current shares) coming in to dilute 30% of the EPS.

Not to mentioned together with 18 mil warrant shares to the current 95 mil warrant shares. If all warrants converted to mother share (113 mil in total), the EPS will be further diluted 15-20%.

Orion is a good prospect company, I doubt could its earning able to catch up with addition private placement shares and warrant shares (which expired in Jul 2022).

It may faces heavy selling after the private placement took place somewhere next month. I sold half of my warrant and sold all mother shares. Waiting for it to goes down before I start collecting again.

For some of you who don't know me. I wrote up on Orion in Dec 2017 when it was 0.12, went through the period of 0.12 to 0.9 to 0.4 back to now.

https://klse.i3investor.com/blogs/ifrit2020/140531.jsp

True enough Orion has reached my TP.

15 years secured project. ASAP guarantee profits until 2019. allowance of bad debt (future receivable) RM 1.4m has been recognized in last QR, and it is still a net cash 0 debt company. Orion cleaned its ass and waiting for the profitable FY to come. Its QR and AR were not difficult to read and spot the opportunity.
Wait patiently and you shall be rewarded.

for stock below RM 1.00, the limit up is 30 cents. let's see...

by looking at the current business prospect, PE and dividend yield, it is still consider undervalue in my opinion, but i am not a qualified consultant, so trade at your own risk.

PNB has 22mil shares, it is off loading non core assets, which FPI is one of it. Hence, FPI price was suppressing by PNB. Does it make me feel better? No, but at least I know what is the reason it was floating around 1.30+ and now 1.50+. If business environment doesn't change AFTER PNB dumped all its shares, the price will fly.

This is homework we should know before we invest.

announcement normally will be late by 1-2 days. by Wednesday or Thursday you will be seeing the announcement.

PNB dumped the shares again today

im still holding it. i think this coming QR should be quite ok as well, it is worth at least 0.12 to 0.14 in my opinion

decent QR. just wrong timing... would be good if the share price could be back to 0.12 n above. severely undervalue now...

tut tut old man i knew you will be here. lol

HY could suffer a bit this year, next year will be better.

tq bro, I entered few days ago and yesterday average down.

Hi probability, what is your view on HengYuan? Good to enter now?

Tq lizi for pointing out. I should look at the change of working capital and FCF instead of confusing operation expenses with balance sheet.

Holding since 1.20 until now. Average up a few time, last time i bought was at 1.80.

Very solid stock to hold for long term

Hi probability, what’s your view on HengYuan? Good time to enter now?

Malaysia has impose tax and tariffs on imported steel. Even the other countries want to dump their excessive inventory into Malaysia, without any connection (distributor) and competitive price (after included import tax), I don’t think they can compete with local steel manufacturers.

If I were the affected country, i will rather export to Europe and other placed whith no tax on imported steel (low hanging fruits) instead of coming to Malaysia. Business sense, no rocket science.

Malaysia too has import tax and tarriffs on imported steels. It protects local steel manufacturers’s market. The demand of steel in Malaysia still greater than the supply from local manufacturers.

The result in the near future will speaks for itself

@youbuyibuy, i think the fair value of Orion should be 18 cents to 20 cents. Unless it can secure more contracts to boost up its profit

lol, it said will affect malaysia, but never mentioned how and what...

if you read Ann Joo latest QR, you know there is no effect on Ann Joo because it does not export to USA

time will tell

due to the news of ASAP acquisition with guarantee profit.

my analysis on the latest Orion QR

https://www.facebook.com/notes/investment/orion-ixl-berhad-q4-2017-result/253011481906133/

https://klse.i3investor.com/blogs/ifrit2020/149440.jsp

Some more no need stamp duty. Can earn more than u buy mother stock. Speculator where got trade mother share one?

Hng33, buy structure warrant la. U buy annjoo-CL at 0.095. By end of next week u can earn 20-30%

that’s the result when u gamble instead of invest

Talk like FA investor but trade like a speculator. Speculator look at the candle sticks lah

As a value investor, I did not just look at 1 QR result, I am looking at the coming 2-3 QR result. For sure the future is bright for AnnJoo (at least in 2018/19) with the mega projects going on.

Without the shut down time due to maintenance and upgrade, this quarter result could be so much better. I strongly believe AnnJoo can post a better result next quarter. I am even considering to top up AnnJoo at RM 3.60

At the mean time, enjoy the dividend.

Another stellar result. Good earning despite huge YoY forex difference

Expected 10 cents dividend though. 8 cents is slightly below my expectation

Hope he learns from it. How can a retailer like us fight with big crocodiles and sharks?

Rapid trading doesnt make you rich but your broker.

Stock market is a voting machine in short term and weighing machine in long term. Retailers like us have higher chance to win with value investing in long term.

1.3m reduction in payable and accrual expenses, i think higher operation cost is due to that. Guaranteed profit still there

Hng33, according to your trade method, it is more suitable for you to trade structure warrant.

I bought Annjoo-CG at 0.040 last Friday and sold at 0.045 today. 12% ROI in less than 1 trading day, much better IRR% than your 2% with high broker fees.

There are some smart money working on Orion for the pass few weeks, just be patience and you shall be rewarded

should be by tomorrow

A decent result. Still a very good stock hold in short to medium term. I will hold it tightly until end of 2018 and reevaluate

angpow is coming *finger crossed*

@cksam I agree with you. hng33 will be a good FA investor if he doesn't trade so often, and in my point of view, he can earn more money by less frequent trade.

I do respect his investment method, everybody has his own way of trading. Not for others to judge whether good or bad but by how much ROI % he earned.

I do respect your trading method, hng33. You are a contra kaki, please talk TA instead of FA. Don't talk like a value investor and act like a speculator. I just feel like you are slapping your own face with the comments you made earlier.

9 cents? U must be joking. I will sell my underwear to sapu at 9 cents

What portfolio need is time, waiting time to be rewarded as all portfolio capital already fully invested with Annjoo as biggest stake in portfolio and expect to be rewarded end of month. -hng33

What a joke from hng33.

Hng33 will sell annjoo before QR release to free up his capital for other stock.

His broker must be driving a BMW

A net cash tech company with PE only 12, wow…

not only PIE, all tech stocks falls like hell. look at MPI, KESM, VS etc.

It is the sentiment of the stock market, nothing to do with the business prospect. Good time to collect more if it drops further

look back the reason you bought it. Is the business prospect changed? Is the fundamental of the company changed?

If yes, then sell; if no then ignore it (or buy low to average down).

stock market is a voting machine in short term and a weighting machine in long term.