UP 9%. MY FAITH REWARDED.

Ok, need to research again to see if should top up anot.

Huah seh, lai lai drop more. Pls dont rebound till end of the month!

Well said dolly.

Lol, result is good.

Revenue up by 50%, profit up by 500%.

PE 20 stock (less than 15 on rolling basis), sounds good.

Top glove result down but pe20 stock.

If it gap down tmr, ill buy abit more lol.

Haha my cost was 605. I think ill just hold. Until something changes fundamentally.

Warren, dont sailand with money you need for house downpayment.

I honestly cant wait for prlexus result.

I think we better go find something else to do with our time. If everyday look, you sure get tempted to sell, once you sell you forget. Few months down the road it shoot up, coupled with low liquidity, it limit up. Then you cry.

Go work and earn more money better.

Raider,

What do you feel is evergreen strong margin of safety again?

@stockkingdom. Insider your head. Whole world also know result will good lah.

Hmm on a net net (cash+inventory+net receivabled) basis, this share is now worth 1.38.

Not as good as a bargain as choo bee, but not bad.

Magnitech good result. Lets see if prolexus can follow.

Considering the environment now (high steel price etc), i dont believe the next quarter will not be outstanding.

The one after the next we'll see. But the key thing is this. This is the first time the company got so much cash. Just buckets of it. If they dont have any major expansion plans, considering the shares have been trading below graham NET NET for 1-2 years now.

The directors must want to take some money out. I'm betting dividend. And a fat one.

@warrencoldeye

I think this one must be ready to wait, since its not exactly a hot stock with people writing blogs about it all day, it used to be.

Its not exactly the flavor of the month either, which right now is censors, digital boards and testers, palm oil, construction and aluminium. That means must be patient, if you're a short term punter or trader, id suggest you stay away.

If we look at it, the directors are not being paid too much, the highest is still less than 600k, no weird expenses, not much esos for director, so i think this shows that the money will be coming out to the directors via div or share appreciation.

It needs time. Period. Now, the main overhang is this. Glove company profits are down, and cost is rising. So by extension, they are not as bullish on the related industries. Wrongly or rightly, this remains to be seen, and this is where as an investor you must decided if the stock is mispriced.

I think its a little mispriced. Not enough to sailang on it, but enough to buy a little more.

Got, at 9.54:19 to 9.54:2

Bout time. No borrowings, share value lower than cash, inventory and net receivable. Should have a nice quarter next and some kind of div this year.

I think just be patient, i dont care if it goes main board or not. Every quarter profit up, good cashflow, low debt, nice market.

If results keep going up, and their moat (automation) comes online, im happy. Its just a matter of time before it makes me alot of money.

Ooo engine start d. Strong support at 185

I think PE of 10 is fair for companies that is not growing at all. Which puts this one at quite cheap.

One thing id really like to see is if the big 3 companies, buy more from the Indonesian ceramic hand moulders vs them and what is their advantage, compared to their indonesian competitors other than being local.

Ill be buying more, but i dont think it'll be by too much more, i like the size of it in my portfolio as it is.

This stock is funny.

Most of the glove companies, except for Rubberex has PE of more than 20, with hartalega being the highest at 30. This means these companies are expected to have very good growth for the next few years. Except, all 3 of the big glove companies did not grow at all last year, they in fact dropped. In addition, profits are expected to be pummeled due to competition and high rubber prices.

But, that does not mean volume will drop, all 3 of them will be expanding and making more gloves, this means, they must buy more moulds, which is what esceram is selling.

The best part, moulds like gloves, they constitute a low amount in terms of operating cost for these big 3 companies. Like how nitrile gloves are a very low cost for the hospitals.

And yet, PE only 11. I think this is very nicely valued, with upside available. Ill buy a bit more tmr.

Ok raider bro, i support you, buy abit tmr.

Director selling.

wow, last 15 minute 300k for sale at 1.83. Within 5 minutes, 250k sold, 200k in 50k blocks. Someone big is buying.

The problem with this counter is this, most of the sales come from flight insurance, no one who flies airasia will buy tuneprotect unless its business flight, cause the reviews are bad to begin with and people who fly airasia are cheap.

i might top up more if it drop to 1.35

and if rates go up, USD should go up or stay stable at 4.47, that means, the whole of 2017 will be better than 2016.

Unless trump actively stops imports.

Its not cheap, but take note, next quarter, it is guaranteed to be better. USD up 10%.

wow. They really sailang on this . This is about 95mil, or more than half the 140-180mil he has in stock market.

Its just profit taking.

Ill stay till quarter, i expect a record dividend.

charles, where to find coldeye books?

Id agree with stockmanmy on this. FA first and foremost. TA second.

When you understand the company down to its bones, it'll be much easier to hold when the stock goes down. Since you know the market is being irrational.

If you are a chartist, cannot sleep at all, cause up down, you dont know why, just know you need to buy before others and sell before others. Which is close to impossible.

Report out (i expect to be good) splash probably in the next 3 months.

BWC, its called observational evidence, if you're making money in a counter, sure come sing song on i3 one.

I agree with ICON on this. I made a mistake selling my airasia at 2.35 when it shot up from 2.15, and i had to buy back at a higher price. Funny thing is, i made the most from airasia the last round during the shoot up to 3.3 (i bought at 0.9) but was too busy then to even open the itrade for months.

Ill only sell if AAC sold, or if big picture change.

Alive, i tell you this now, maximum in 2 quarters you will see result. This company give divs etc and the director salary is not that high. This means, the director take money out mainly via dividend. Which is good for shareholder.

And looking at the price and the financial statements, downside is completely covered.

Its ok, just a correction. No reason for this stock to not keep going up.

lai lai lai, top up at 38

This is punter stock, key is get out before KYY.

The metal products produced by choo bee is used in construction. If construct HSR, it will increase their sales, since gamuda, gadang etc need to buy materials.

A rising tide lift all boats.

It is a good company, but not so good that it can shoot up more than 10% in a day, it should need 2 more positive quarters.

But thats to tradeview subscriber effect, now the price as if got 2 more blockbuster quarter in a row d. IE its overpriced short term wise.

I like Jaks prospect, but remember, this was the guy who asked to sailang CSC at 2.38


stockmanmy you can sailang Jaks.
05/03/2017 11:47

The subscriber effect.

Buy more at a lower price and hold.

This year there is a forex gain, which can only mean one thing. They started exporting (i think).

By end of 2017, i think it should be up, especially since they'll announce the HSR subcontracts then. Lots of steel needed then.

Lucky, manage to buy most of mine at 1.83 and 1.84

This share even if down no need sell, every day buyback, want drop also cannot. The management must be hiding somthing.

This is punter and goreng stock. Feel free to punt, but make sure you get off before kyy does.

Bought some.

Share price is now RM1.83
Cash of the company alone is RM0.86 per share.
Inventory is RM1.20 per share
Net receivable(after deducting payable) is RM0.82 per share.

Total, these alone are RM2.88. By the way, receivable and inventory have reduced year on year (indicating better cash flow coupled with good sales) and cash have increased from 30m to 90m.

Assuming that 50% of receivable is bad debt and 50% of inventory is lapsap (both very very unlikely), the share is worth at least RM1.86.

At that price, you're paying RM1 for RM0.99 and they give you for free a steel company (including land and ppe) with no debt in an industry that is growing due to tariff placed on china steel.

What more you want? Buy more liao.

Nobody noticed its disposal profit?

dolly, did the management say last quarter why revenue drop ah?

My heart pain, says sell, my brain says buy. Close eye add abit, then turn off itrade.

Really is close eye collect. Heart is pain, but brain say buy more.