@cheeseburger
Hahaha, feels good when someone supports what I have to say..and experience the tough tines together with me too (share didn't appreciate). Has your cut neutral point already? If yes, best cash out while can.

@nicole76

LOL. I'm afraid you have gotten it all wrong? Yes, there was a bonus issue of 1:1 by SUPERMX. Question is, the price chart that you see here, ARE YOU SURE IT HAS TAKEN INTO ACCOUNT THE SHARE SPLIT?

I've been keeping my shares for a very long time, a few years already. I bought it at MYR 4.10, 1,000 units and recently sold it off, MYR 2.15, 2,000 units. If I had already made more than 100% or even half of that in just over a year, I wouldn't be complaining at all.

Those who have bought before the split would know. No offence, but please make sure you thoroughly know your stuff before commenting.

Cheers.

Sold off all my stake in PANTECH-WA @ 0.650 after long, good rally. For see a minor correction in the coming few weeks. Will collect again at dip but surely this is a good stock.

@nicole76
I guess it depends on individual preference. Investors like me are more interested in jumping into the bandwagon of KOSSAN and HARTA. There is a clear uptrend, supported by strong interest (high volume) and most important, good fundamentals too.

@bonescythe
@invest88

Well, appreciate and respect your feedback and comments on the market, and in this instance, SUPERMX. I believe everyone is entitled to their views and I am just giving my humble opinion.

Both of you have a certain perception and target for the stock, so do I. Note that I did not mention that this is a lousy company or has bad fundamentals. My forecast, is more from a historical point of view, where is has not manage to break the 2.15-2.25 band in all of its past few attempts. Plus, worth to mention again, the owner is a strong supporter of the opposition party, which I believe is somewhat critical. Fundamental of the company is currently good, and more interestingly, has been good in the past too. Then why isn't it going up? It might very well go down, the share price, and yet, the fundamentals are still good!

Both our intentions here are good and noble. You believe it will go up and want everybody to be making money. I believe it will go down and want everybody to avoid losing money. It's just that your forecast is different than my forecast.

Again, peace, I'm not arguing for the sake of it, but just sharing my humble view on the possible direction of the company shares.

Cheers.

@bonescythe

LOL...My bad, I didn't want to highlight all those as the TP is just 10% from the price at that moment. Perdana from RM1.90 to RM2.00? Just a 5% price increase which could easily be achieved in a day as your TP?

More interestingly, the stocks that you have shared and mentioned above, all are covered by major stock brokerage firm, with research papers and TP's, except for GPACKET, which is not covered and has no published TP. Coincidence that GPACKET is also the only pick that is negative?

Ok lar, you might argue is just one off. Then how about your other stock picks that are also not covered by major brokerage house?

Next in your list is CCM, entry is 1.18, target is 1.25 and cut lost is 1.14. Seems like it ended with a stop loss in 2 weeks time.

I'm surprise that the warrant doesn't seem to factor in the 'time value of money'. If that is considered, it should be at least 0.70, based on the mother share price of 1.77.

YTL family are never known for their generosity. I have a friend working in YTL, working there for more than 10 years, never ever received bonus, not even a single cent.

But I still do hope that they privatise it for a good price. :-)

@Nicole76 That depends, whether to enter an IT co. or not. Google's share has increased more than 10x in less than 10 years time, since their IPO. Yes, that's 1,000% or rather, more than 100%/year.

NTA is 1.40, with a reasonable privatization TP of 1.80-2.00, given that today's closing is 1.77.

That guy (bonescythe) has average calls only. If you refer to his previous postings, GADANG is doing well (at that moment: RM0.90, target: RM1.00, current: 1.00) but GPACKET is a failure (at that moment: RM0.40, target: RM0.50, current: 0.35).

@ babu

As mentioned by another forumer, it depends on the objectives of the portfolio manager. I myself have actually locked in some gains, and sold off at 0.470 for YTLPOWR-WB with a gain of around 30%, swapping to GADANG, because I believe it has more potential.

EPF has also been disposing shares of MAXIS and TENAGA heavily in the past few days. Not that the company is going through a bad time, but its pure strategy in terms of locking in gains and swapping to shares that are riding the wave forward.

Low P/E counter but unfortunately, no volume at all. Been holding for past 3 years with no growth at all. Dividend policy is below average. Can't wait to release this share.

@ cheeseburger

Stable rubber price means the cost of goods will be more predictable with less uncertainties while low rubber price means higher profit margin for glove manufacturers.

@ Steve Jub
Well, technically, you can't buy it and it's granted. If one is a new staff and haven't perform well, chances are he/she is not entitled to any. And for a start, that company must have an ESOS incentive schemed in place. Not all public listed companies have ESOS schemes as a form of motivation or retention plan.

@ ykinvestor
Good explanation. You've covered most of it. Worth to highlight that ESOS can be of no value if the current price is below the exercise price. In such a case, nobody will exercise their ESOS then as they are better of buying it directly on the market floor.

Also, senior top management are given compensation packages which are heavily skewed towards ESOS schemes and bonus grants. Thus, they are really fired up and motivated to bring the company to greater heights. Compared to their fixed salaries, ESOS and bonus grants make up a big chunk of it.

Would like to step in, to support kcchongnz from the vicious attack of newbiestock, who is obviously a rabies infected victim.

I am a strong supporter of FA and have been investing/trading for many years now. What kcchongz is discussing here perfectly makes sense and should be the absolute fundamental when it comes to investing in equities.

@usry and @Jyen

No offence, but I don't think you know your stuff regarding ESOS and you all got the whole concept wrong.
The exercise price of the ESOS (in this context, 0.670) is usually based on the price of the share or the recent average price of the share at that point in time.

For the one that is being announced (0.670), it was most probably issued around 1 year ago. At that time, the price is 0.60 to 0.70.

For employees to gain the maximum out of it, they obviously have to hope the price of the share goes up as much as possible after 1 year. Indirectly, it encourages employees to work hard and contribute their best to the company. Also, it works as an incentive to retain staff.

For this year, the employees at PANTECH will be given new ESOS allocations, maybe 1.10? They will be able to exercise this 1 year from now.

So, if the price of the share is 2.00 by July next year, they will stand to gain quite a lot again. Those that haven't exercise their previous ESOS (the 0.670 option), will gain even more. That being said, the share could also retract (maybe 0.80 by July next year) and the ESOS is deemed as valueless.

ESOS allocation is granted based on the position and also the performance (company wide and individual) for the previous year.

Thus, the statement that ESOS is usually double the share price or that it can be bought by employees is not true at all.

True. I think it's just good and healthy to point out both pros and cons so that people will have a better idea before making any investment trades, instead of having just all the positive projections and high TP's. Let's wait and see then.

Well, my past few years was referring to after that, when it peaked at 3.20.Tried to break the 2.25 point but failed on Oct 2010, Jan 2011, Jan 2012, July 2012 and now (July 2013). So my statement is indeed correct.

As per my post on 19/07/2013 18:13, I have exited SUPERMX @ 2.15 and swap to YTLPOWR-WB @ 0.475. So far, as of today, SUPERMX close at 2.12 and YTLPOWR-WB @ 0.535.

Most share 'took-off' after 6th May, when after GE results announced. Other counters in the rubber glove industries have gone up 25-50%, like Hartalega and Kossan, in the past few months but for SUPERMX, its only 5%. This doesn't mean that just because it hasn't increase, it will increase soon.

I wish to remind that this stock is facing a strong resistance at this 2.15-2.25 band and could easily retract back and U-turn down to 1.9 or even lower. It has tried a few times in the past few years to break this band but has failed. Chance of it failing again is very high. Please don't mislead others and get them into shit.

Regarding TP set by investment fund houses, TP for this counter has always been damn good, even from last year, people were already targeting above 2.50. Question is, where is the results? What is the price today?

RHB has been calling 2.68 early this year and even as high as 3.30. But fact is, it hasn't move much and I strongly believe, it won't move much. I rather place my money in the other sectors which are very hot now, with higher chances of growth.

Another important fact to remember is the owner of SUPERMX is supporting the opposition OPENLY. How do you think the government will react to this, as far as giving assistance and help when it comes to the international stage? This is MALAYSIA, please re-evaluate carefully.

Thank you.

TP: 2.50? Hahaha, you want to speculate and hope everyone jump in and goreng it? LOL, need to try harder dude, 2.50 is quite ridiculous

Because of the heavy share buy back within the past few months, as simple as that. Even though people are saying that the privatization news is mere exercise, but the fact is that they have spent RM270 million +- since March this year to buy back shares says a lot. From 56 million shares to 239 million shares in 5 months time. Certainly heading for a privatization soon. Plus, it is ultra cash rich.

Seems like good, safe, dividend yielding share. Plan to enter more soon.

Not sure how many people are aware, but Genting will close down their outdoor theme park beginning next month for major renovation. It will roughly take 2 years, massive revamp, and the project is expected to have an impact on the company's earnings. Indoor theme park will operate as usual.

@JTFX

I'm quite sure that the reason why it's going up IS NOT BECAUSE of the Bestarinet project, that's the least impactful thing at the moment.

Well, I actually work within the YTL Group..... :-)
Not directly with YTLPWR, but still got enough, within the group....

MYR/US$ was better in 2011 and 2012 as compared to today. Rubber glove demand was max in 2010, when the H1N1 pandemic caused more than 17,000 deaths. The H1N1 outbreak this year in May is just a fraction of the one we had in 2010, with only 17 deaths.

Plus, the fact that the owner is a strong supporter of the opposition, I think it will be hard for this counter to fly.

After election, most of the counters that took off and exploded were either government linked or related to major ETP projects. I'm afraid SUPERMX isn't one of it and I see other better potential. Let's just sit back and see.

Not sure why the hype and excitement around YES and also Bestarnet project. Do you guys know that for their statement last year, of the MYR 15,800 million revenue that they generated, MYR 15,000 million is from their electricity, water and fuel oil?

Broadband and telecommunication only contributed MYR 200 million

Honestly, this is the best performing counter ever - in terms of Dividend Yield. Look at its track record, more than 10 years with constant performance.
Let me list it here for the benefit of everyone, the year and also the dividend yield.
2003 - 17%
2004 - 17%
2005 - 13%
2006 - 14%
2007 - 5%
2008 - 11%
2009 - 12%
2010 - 12%
2011 - 9%
2012 - 8%

I'm using the average price of the share for the year, thus, it is just an indicative figure. For this year, dividend yield should be 8% (7cents/86cents)

Take a look at the chart of you will understand much better. It has tried a few times to break the 2.22 point but failed. On Oct 2010, Jan 2011, Jan 2012, July 2012 and now (July 2013). Every time it attempts to break that level and fails, it will drop back to 1.90+ -.

Thus, the reason why I'm releasing now and pumping the money somewhere else - YTLPOWR-WB!! Entered at 0.475. Let's see if I made the right move... :-)

Will keep you guys posted.

Much better to buy WB than mother share. After all, expiry years is 5 more years, in 2018!!! Entered at 0.425 and I'm going to hold all the way, regardless if YTLPOWR is privatised a not. So much upside potential in the stock.

Sold at 2.15 today. Hoping to catch back at low. Personally feel there is strong resistance at 2.15-2.20 band. Check the chart from 2007 on wards. Will catch once it dips back below 1.80. Looks like a nice ping pong play here