0.35 broken, so its probably going to head alot higher now, don't tp anything lower than RM0.5 as the road to 0.5 should a high possibility

There is a big buy Q at 0.35, buyers have tried for many weeks to breach this level but not successful yet, but once its broken it can easily go to 0.5. Just be patient friends

Theres at least a bounce coming, with the price target so far away from the current price. Their profit might slowly get back to precovid level but it would probably take a few years for that to happen, until then the pe ratio remains low, cash balance high. After the vaccine news, i think there's little harm that could come in short term, it should be priced in now, and among all these glove counters, kossan seems to be the safest, less volatility

I been staying away from glove stocks, but now the price is getting attractive, this selling fear is really a good discount.

Relax people, its consolidating between 0.32 - 0.35. Once its time, it will shoot up. Valuation wise, this stock is clearly undervalued, more and more people will see it, we just have to wait.

@dompeilee

I suggest you keep quiet, because you've brag about the price touching RM1 for more than 3 times now, and every time you did that it goes back down, now its at RM0.925.

I am just saying, if I were you, very maluuuuu le.

btw, I'm not holding any shares, just keeping track.

Based on the site, the real values of Ewein should be RM0.90+ , thats almost triple

https://myfocusinvesting.com/index.php/2020/10/23/fundamental-analysis-dutch-lady-milk-industries/

Conclusion - The company is overvalued.

https://investingmalaysia.com/market-rank/

go take a look at best fundamental ranking companies in Malaysia.

Ewein is at number 2.

This is a stagnant stock, its stable, less volatility. But then again, low returns, and normal dividend yield.

Look at the past 10 years, revenue and profit, almost no changes.

Its a safe investment, no doubt, but I wouldn't put my money where the growth is too slow.

@safethanregret - Yes normally they would go under, but I won't be 100% certain, there's still some possibility that it will recover and thrive. But people are underestimating the damage that has been done, they could be profitable as early at 2022, but asset amount have been shaved so much, the number of planes are down, debts will remain super high, surely they wont be paying dividend for a few years, to get back to its pre-covid level, would probably take longer than just 2022.

What's the precovid level? AAX at RM0.015 and AirAsia at RM1.7 , just about 70% upside for both, which would take more than 2 years probably with a super high risk of losing everything.

AAX and AIRASIA are basically sentiment based right now, people buy out of emotion and simple thinking. If there is a lot of people like this, yes it can remain floating a long time until recover perhaps even back to pre-covid level, but once these people are tired of waiting and they cash out, you'll find yourself stucked at loss.

If you've been investing for more than 5 years now, I wont argue with you, you might have a good reason. But if you have less than that, you're probably buying out of emotion, and you'll sell out of emotion too.

90% of new investors lose money, they win until they lose everything.

Guys, know what you're investing into.

1) Airasia X is issuing right issue, means they will use their right to take a portion of your invested money to pay off their debts, meaning the share price will drop, but if people buy the dip, then ok, but if they panic and run, you're in deep trouble.

2) On top of that they will do a share capital reduction, meaning if you buy at RM0.01, it will become RM0.1. Not because you gain profit, but because the number of shares are combined x10. This gives more room for people to trade, instead of jumping every 0.005, it could move every 0.01 instead. So it would attract more volume. But based on experience, this usually leads to easier downfall of the share.

3) AXX have been making loss for 16 quarters vs 12 tiny profitable quarter before covid19 came. Meaning, they weren't making profit before covid came, so what makes you think they will make profit easily when covid ends?

and no @fish herman, this isn't tesla, tesla is a technology company, innovation. AXX is just another aviation company, so people don't invest by looking at the tech updates AAX made, but instead look at the debt, geopolitical and pandemic issues.

There's a reason why all the big players, banks, epf, foreign investors didn't touch AirAsia at all.

If you're really confident, go ahead, but make sure you did your calculation and not buy because "oh its airasia, surely can recover".

but again, I would advise to not sell anywhere below RM5 if they fall below that, that would be panic sell and that would be a bad decision. There's still a good chance it will hover around RM5+ for a few months.

Sure, next four quarters they'll be making huge profits. But market always price in the future.

after the four quarters, and everyone got their vaccine and are immune, you know what happens?

1) there's about 50% more glove factories than original, all glove maker want to expand, fiercer competitions, many from other industries suddenly want to join in make gloves.
2) to put it simply its oversupply of gloves next.
3) there's no more pandemic

basically, these glove counters that expand even further in glove productions will be left with more operating cost, and less profit than pre-covid.

We can never be 100% sure investors will flock in knowing that the future isn't bright. I wouldn't, goodluck.

Good job guys, those who had stayed with me since the start, I suggest taking profit now, I did too. RM1. I still have half of my original position for long term.

When things are too good, don't be too greedy

Relax, look at the analyst reports, all give TP around 0.40, that's at least 35% upside.

The orderbook remains healthy at 800 Million+

Institutional investors are buying in, they know better, they are even scared of losing money, so they wouldn't be investing if this was a junk stock.

Rest assured and wait

LEESK - Target Price RM1.48

Price - LEESK are still undervalued, CIMB gave a target price of RM1.48 based on PER of 14.8 FY20

https://www.thestar.com.my/business/business-news/2019/01/23/stronger-...

Debt - LEESK have little to no debt, they are a cash rich company.

Dividend - They are planning to pay hefty dividend starting next year.

Industry - Furniture sector, among the best sector to be in as they benefit from US-China trade war.

Its never late to buy, this stock have a long way to go. If they keep on improving, it is certain for them to be on the same level as other local furniture stocks, probably with market cap of RM400M and price of RM5 above.

I'm afraid there is something bad going on in Favco. Muhibbah Engineering (its parent company) seems to be siphoning cash from Favco as it is in heavy debt, if this is true, then it is really bad news.

This is what I quoted from an analyst.

"There is something worth scrutinisation for what going on with its 60% subsidiary, Favelle Favco (FF), which has been self-sufficient for years, even in this year pandemic, and in 2018 it was so cash-rich to acquire a business for 40m. But in 3Q, it suddenly borrowed 28m in loan. Based on FF past years’ cash flow, the last time FF has net borrowing (proceeds) was in 2009. Throughout 10 years, it has been on net repayment, suggesting it didnt borrow more than it repaid in any given year for 10 years until Q3 2020.

Well, FF investors ought to check if any substantial related party purchase from its holding company in the coming annual report. Perhaps some repackaged junk/shell to sell to FF for channelling money into holding company, Muhibbah. FF should expect to face legal proceeding from FF’s minority shareholder if that happens."

Taking into considerations -

1) Parent company Muhibbah siphoning money.
2) The after effect of Pandemic to developments.
3) Dividend payout that is still far away

I suggest we wait for Q4 result to further clarify before purchasing.

I do my research before purchasing but I always underestimate the effect of cashflows and debts, so when someone like @certifiedanalyst11 reminds us and made it clear for me, I really thank you.

I don't let my ego say otherwise, cause you can't fight knowledge with blind confidence, so he said it, and I said it.

well then, again, Goodluck gamblers.

Here are the two best airline in the world which warren buffet bought but sold all during this pandemic.

SouthWest Airlines.
From 10b Cash vs 2b Debt
Now 9b Cash vs 11b Debt.

Delta Airlines.
from 15b cash vs 10b debt
Now 3b cash vs 33b debt.
----------------------------------

Now lets see Airasia.

From 3b cash vs 800Mil Debt.
Now zero cash vs 1.5b Debt.

EPF and all big players dispose all shares in AirAsia, and didn't touch it until now. No banks nor private companies willing to help as it is too risky.

Analyst keeps downgrading it, now average target price is around RM0.39

I'm not here to scare you, but just be aware of the reality that you're facing, that is you might be stuck forever if you're buying at this price.

If you think you get it at a low price, think again about those who bought it last time when it rebound to RM1.

Sure the company might recover, but there's still no answer for the debt, and profit won't be the same, meaning it'll get stucked around probably 50 cents for a long time.

Again, me and some people here, love AirAsia, but we gotta warn you that this is not the time, save your hard earn money for something a lot safer.

ELSOFT.

1) Good cash balance, no debt.
2) In technology sector, probably the best industry to be in.

3) Highly dependent on one customer in China, even thought they have 15 years of relationship, the recent disruption in supply to China might be making their customer in China look for a more secure supplier in their local region. If ELSOFT loses this customer then ELSOFT will lose more than half of its revenue.

4) ELSOFT is looking for other customers, but this should had be done since the start instead of starting during pandemic, this shows bad planning by them.

5) ENTOPIA, a butterfly farm in Penang, under ELSOFT, is making losses for four years now, since its inception, and its bound to get worst. Plus, the business of ENTOPIA is very different from ELSOFT, why acquire it? and have you been to ENTOPIA? I have, its really not worth the ticket price for me, the insect farm in Cameron highland provides more attraction at 1/3 of the price , and there's no crowd at ENTOPIA.

6) Now the revenue, profit, margins, all similar to back then in 2013. But back then in 2013 the share price were RM0.20 , now its RM0.60 above. So it is worth the risk to pay RM0.60?

The share price could slowly plunge until it is profitable, which even the company doesn't know when and is struggling.

This is just my opinion, as I like to write about it before I make any decisions. Happy investing guys

I was hoping for the share to drop even more, but you can tell that no one wants to let go of a solid company like this, hence price hovers around RM2.15 to RM2.20 after the dividend collection, can't go any lower.

Well, long term I got no worries at all, even during this pandemic Favco should be effected but it is not. That's just how strong is it.

No debt.
Pile of cash that can buy any other business anytime.
Strong outstanding order book
Even analysts are putting a TP of RM3.0 for 3 quarters straight.
Dividend yield of 7%

Today EWEIN closed at RM0.345 up for about 9.5% , a good sign indeed.

We're still far from normal level around RM0.60 , hold on tight people

@thesteward

True, last quarter was the start of the best quarters yet to come. LEESK just gotten more customers overseas, this is a long term gem. I'm sure the next thing they will offer is a great dividend yield like all other furniture stocks

There's a little upside for now.

Analysts price target for 30/11/2020

RM2.48
RM2.90
RM2.87

And if you notice, most stock would follow this range set by analysts. I hope when the market retreats, padini can be resilient

I've held since RM2, now I've taken profit.

Just from my point of view, sales from Perodua is already priced in, you can see that this price right now it at analysts target price already, and they usually know better as they're the professionals. so there's already a limited upside now. (You can see it above, average price target RM2.76).

Another red flag is PNB disposing about 13 Million shares last week, and EPF also disposed some.

But I could be wrong, but I rather trust experts. Hopefully it'll go well for all of you, I've placed a buy at RM2.50 in case the price retreats, but anyhow I don't mind if get or not.

Glad to share what I know, after researching I'm really happy about what I found out. Unlike back in march/april which there is a lot of undervalued stocks, now its the opposite, a lot of stocks right now that's overvalued, overbought. And to find a good one like this is really rare now.

EWEIN.

1) 80% of Ewein revenues comes from property development, this is not a steady stream of profit but property developers are known to be one of the most resilient industry, from time to time there is always new projects. Another 18% are from Manufacturing business, and 2% from others.

2) Ewein are founded on 2007, and its share price have only once reached RM0.32 back April 2018 and then during the pandemic which hits RM0.21, usually its price will hover around RM0.60 above

3) Ewein have a proven track record with a rising revenue and steady profit margin, Ewein posted only one loss for Q4 2017, which is only -1.3Mil, that 1 negative quarter vs 59 profitable quarter since 2008

4) Ewein has started paying dividend since 2019, and adopted a dividend policy to distribute dividend of not less than RM0.035 per share. With the current price at RM0.32 that means 11% dividend yield, probably the highest among its peers.

5) Ewein has a rising Net Tangible Assets since 2007 as well.

6) Ewein have a 26% debt ratio, which is healthy. Unlike most property developers that usually sits on worrying debt amount. Short term and long term liabilities are also exceeded by asset by a lot. A strong balance sheet indeed.

7) Ewein is at PE ratio of 7.0 currently which is very attractive. and the last few quarters they are not even making the best profit, yet the PE ratio remains low, showing they are indeed undervalued.

8) Ewein have posted both Q2 and Q3 of 2020 with profit, if that is not surprising enough, they gave hefty dividend and announced to do it consistently, this shows great confidence by them.

Conclusion -

Ewein is considered a new and small player in the industry, and thus investors are very wary to invest in Ewein, there's also political controversy regarding this company. Questions such as "will this company get a good project in the future?", "is the company sustainable?", "will they survive the pandemic?" will most likely be questioned by investors.

But it is reminded that property developers will always have plans and projects to keep the company running and the price will spike up when the project is announced, and we don't want to buy during the spike, but instead buy before the good news at this attractive low price.

Everything is better than 10 years also, revenue and profit doubled if not tripled, and there's also 11% dividend yield now, but back then the price was around RM0.60 but now its RM0.32! Double the profit but pay half the price.

So I must say that there is little to no risk here compared to the gigantic rewards. If you're reading this, you've found it, a great long term investment, double your money and enjoy the dividends while you're at it.

Thank you Ewein.

Fintech, probably the biggest scam in KLSE ever

If only the the profit was real profit from retail and trading only, too bad it involves land disposal, no wonder. I guess it might be pump and dump then, gonna tp now

POSLAJU.

1) Pos Malaysia’s 9MFY20 results came in better than expectations with less loss than expected. It is to be reminded that they forecasted that the earliest profitability was at the end of 2021. But it seems that they will reach it much sooner based on better results.

2) CMCO on Q4 will boost another surge of online sales, such as 9.9, 10.10 and the famous 11.11 , this will most likely give path to a positive result for Q4.

3) Postal segment which was making loss is now turning to profit because of the tariff hike on February 2020.

4) Aviation segment which is making loss will probably break-even / profitable when borders re-opens.

5) There is 2 years of license freeze where new players are blocked from entering the industry, this gives more room for POS to expand.

6) POS have increased their capacity and automation greatly over the year, making their work flow more efficient.

In my opinion, there is little risk here. The numbers don't lie, it does gets better and this line of business will never go out of demand, POS will always be one of the top players in e-commerce delivery

based on AMBank Research, latest price target RM1.33

Notice that all furniture stocks climbs up slowly and there's no big dump, not volatile, unlike pump and dump schemes, so this shows that its been invested by real investors for real values, and not gamblers

DOMINANT.

1) This company have a good balance sheet, although not perfectly healthy but it does not have worrying debt or liabilities.

2) The company have been growing in revenues, almost doubling its revenue in least than 10 years. But profit margin have been a concern since its getting smaller.

3) DOMINAN have been paying good amount of dividend consistently over these few years and it expected to do so for many years ahead, and 5% is rewarding a big dividend yield.

4) The Management of dominant is handling the crisis well by taking 30% salary cut from all directors, and for every AGM, you can check back the points in their website. This shows that they take shareholders importantly.

5) Dominant business are forestry, but also related to furniture, it is no secret that furniture stocks in malaysia have been doubling/tripling their share price since the lows of March 2020. This is due to the shift of demand from China to the rest of the world, hence increasing exports from Malaysia. And so Dominant will have a positive effect from this too sooner or later.

6) Dominant have been very consistent throughout the years, their price are very stable since 2009 and have only taken a hit during MCO, this shows that when vaccine is out and economy goes back to normal, Dominant will easily climb back to its stable price at RM1.3 and would continue improving in revenues and profit consistently.

This is just my own research based on their website, annual reports, and google searches.

But in my opinion, they are taking care of their investors the best they can, and that is something that makes me feel safe to put my money in. A very good management.

Disclaimer, bought a good share amount at RM0.775

LEESK.

Another furniture & bedding manufacturer that is poised to benefit from the trade tension between world and China.

Currently China exports more than 50% of the world mattress but that is about to change, Malaysia is currently sitting on about no 10+

But we can see that PoHuat, Homeriz, Jaycorp, Liihen, all have gained so much during this period, all hitting new highs, and we can almost be certain LEESK will follow their footstep too. As a prove, this quarter LEESK made their new record for highest revenue and profit after tax.

LEESK have a very healthy balance sheet, with RM54 Million cash and only RM9 Million Debt which can be cleared anytime.

Earnings are expected to grow at about 50% yearly. With a proven track record of improving revenues since 2017.

LEESK also have started paying consistent dividend since a few years ago, and this is expected to continue with dividend yield of 5%

In my Opinion, this is a great growth stock to hold long term, for short term LEESK definitely should be back to RM1 and continue climbing together with improving revenues.

@SavingPrivateRyan the main reason would be my friends who some insiders, they say things are not looking good near term, plus seeing EPF and insiders keep selling, so I sold it too.

Pre-lockdown cypark at RM1.40, yes but the economy is not the same anymore, making projects are the last thing big companies want to be doing right now, cypark will run out of projects, and the current investment wont be enough to sustain it.

I hope i'm wrong, but we'll see. Goodluck guys

Wow, I'm the most unlucky, i bought at 0.9, hold for many months, at 3pm today i finally sold at RM1.01....few minutes later, RM1.25, wtf?WTF?

What @CertifiedAnalyst told is true, 90% of investor doesn't do research, mostly pump and dumb, they see muhibbah, they see "oh its airport business! like airasia! will recover, lets buy!" , you think they check the balance statement, the debt, the profits, pe ratio, annual reports and all that?

so even if muhibbah is in trouble right now, they will still buy because they see people pumping, so they think they can join in the ride, well chances are you're buying at the peak.

So to gamblers, goodluck gambling.

I've sold all, bought at 0.85, hold from low of 0.71 until now 1.1 sold.

Had to face a reality this isn't a long term stock, this few years going to be really bad, better let go

AEON is a Japanese Brand, hence management is overseen by Japanese, Which is why we should have least worry. The dividend will be consistent, the management will be great.

But short term, things are not looking good, especially when AEON is taking over the loss making AEON-BIG

https://www.theedgemarkets.com/article/aeon-co-and-aeon-big-management-be-placed-under-one-roof

Its a 10-years project and thats very long, until then AEON might not ever reach its former glory days.

I still say its a good stock to buy, but just keep in mind it wont be able to reach back to RM4 anywhere in this 5 years. Probably RM2 is possible, but what to worry right? good dividends

@CertifiedAnalyst.

Thank you for your research and knowledge. I will sure to keep that in mind, do you have a blog or website where you share your insights?

If you're wondering why MSM is on a downtrend. So far from what I can see is

1) Sugar surplus around the world, oversupply of sugars, most sugar suppliers internationally have increased productions averaging 50% higher than before 2017.
2) Increasing local competitors, now more local sugar refineries can get AP easier.
3) the Johor refineries by MSM have increase their expense by almost double, while their revenue remains the same or less.

So they speculate that sugar price will remain high, demand will remain high, hence they make johor refineries, making their operating cost double, more debt, but in fact, sugar becomes cheaper, oversupplies.

checkmate guys, unless sugar demand becomes high again which is unlikely because of the trend to stay healthy and avoid sugar, then MSM wont become profitable ever again.

just keep that in mind when you want to invest in this, because it can go much lower, like 0.20.

or if miracle happen, sugar becomes highly demanded again (unlikely), then only MSM can make profit.

It is not wise to follow every EPF step, they buy gloves stock at the peak, and they panic sell many stocks at the bottom, if you were to follow them you will be losing money more than you gain.

Guys, don't you see the red flag here? pass few months the founder himself and the company have been selling their own stocks, its not the time to buy again, wait under 0.5c to consider. There's no big moves from texchem, its all the same sushi and chemicals, and so it'll produce the same p/l as it always have.

@greedy4444
J&T isn't publicly traded, but POS and Gdex are. So investors go for them, and POS is a better choice since Gdex have absurdly high PE ratio compared to little profit they make

CIMB is very reliant on making money out of loan interest. So when MCO, moratorium is launched. CIMB is the one that felt the most pain. There's also lots of reports regarding how sloppy CIMB internet banking is, hackers and such.

But at the same time, CIMB is the biggest shareholder of Touch N Go, which is probably the most used e-wallet in Malaysia right now.

And its a huge bank with big influence in many countries, not just Malaysia. So at this price, I'll say its just temporary, better buy and hold while it slowly recovers. Really nothing to worry about, bank bankruptcy is really a rare thing, especially this big, they'll keep on continuing to dominate for many years to come

This situation is similar to 2008 financial crisis, where my uncle get to buy $10, then he sold it off at $70 on 2017, not to mentioned the dividends alone paid more than his capitals.

I see a lot of despair, and false hope over here. Most didn't do reality check and invest based on guts and not based on numbers, statistics, reports.

Stop saying stuff like TP 2, 1, 0.3 or whatever. Instead, share the news, do the calculation, then you'll see the reality.

Reality is all airlines around the world is having big trouble, only those that are government linked get helped, yet most of them are still in the verge of bankruptcies and had to take drastic moves to save themselves.

That is not to say that there's no hope to recover, but realistically, it'll be a very long time with the massive airline debt, people being cautious of travelling, and borders reopening that will take a long time.

Vaccine also needs time to distribute and have many phases to go through first, it'll be at least a year after the vaccine is out before the whole world could conveniently get access to them.

I'm here not to condemn, but obviously because I have interest in the stock, but in my opinion, AirAsia is far deep in the woods.

Those who buys and hold right now, there's a good chance that you'll have to hold a lot longer, hopefully you wont panic sell, but that's up to you.

Know the risk, you're in this long term, and long term doesn't mean a few months but at least 2-3 years before you can reap the reward, for long term I agree that AirAsia will prevail. As for short term, it can go as low as 0.4cent or worst. And keep in mind, in spite of the positivity, AirAsia is still susceptible to bankruptcy, you could lose all your money.

So please, invest carefully, know the risk, don't invest what you can't afford to lose.

Disclaimer - I am currently not holding any AA stock, not attractive to me yet, and following advice of my close friend, PhD in Air transportation.

1) Right issue,
2) Analyst keep downgrading,
3) No loan provider until now,
4) A very uncertain future, borders keeps opening and shutting

For all this issue, RM0.60 is not worth the risk, wait for it to go below RM0.5 before you consider.

Believe me when I say there's a good chance you can lose everything

@RainT

I'm talking about years, I'm not talking just about this year.

53 quarters since 2007

How many quarters are loss? 4 quarters only my friend

How many stocks in Malaysia, that's about the same market cap, same sector, that could match Muhibbah consistency? you can easily count la

is there any year that doesn't have dividend payout at all since 2007? None

so you see, this loss that Muhibbah is making right now, its not because they're a company with bad management, but its because of Covid.

and will covid stays forever? for quite a while sure, but forever? Nope, there will be vaccines, there will be a recovery

and Muhibbah, a company without management issue, will recover and be back in business easily.

I would easily pick a company with great management, vision and records than a company that benefits short-term from covid.

#WorldWideInvestor

That's a very small portion of cash in hand. In this crazy times, its not wise to be overconfident, most stocks are overstretched and got higher than pre-covid even though it is also negatively effected by Covid.

So there might be a big pullback to a more reasonable valuation, Its better to have more cash in hand, more bullet to buy at cheaper price.

As for Muhibbah, its already low, ofcourse Q2,Q3 is bad but the market always reacts earlier, thats why most of the companies that's post bad Q2 result right now didn't get sold, investors already expects that.

The price is already low as it is for Muhibbah, there's not much room for further potential drop.

Sure tech is a great stock, but often times they're over valuated and more prone to pump and dump scenarios.

Anyway, good luck with your method, I bought at RM0.85 and I'm holding Muhibbah long term, its a great company with consistent performance, there's nothing to lose in long term.

@tkl88 Wow, seriously? comparing supermax with AirAsia is simply plain stupid. One benefits from Covid, the other suffers.

How long have been an investor my friend? do you know how to read balance sheet, do you read the financial report?

There's always a risk in investment, you can't just say confirm will profit, and make expectation that the profit is big, you think this is gambling site?

No matter how much you like a company, or how popular it is, there's always a risk that the company could go under. That's the same as AirAsia.

I don't say that the company will bankrupt, there's a chance that there will be an organization that will provide loans, but there is also a chance that it will go bankrupt.

You ask me if AirAsia is a hidden gem, i say no, its not hidden at all, everyone knows it. That's why the price staying around RM0.66, because small investors are trying to buy hoping that it will suddenly bounce.

But no, it will not bounce back, as long as air travels industry are uncertain, the big whales aren't going to give any investment in AirAsia, and without their help, AirAsia could go bankrupt.

I know you're holding AirAsia shares, I'm not trying to scare you, but I'm trying to make you understand that there's a chance it will go bankrupt and you lose all your money, and there's also a chance that it will recover slowly, but definitely not like your imagination. Be realistic, this is the stock market, not gambling site.