haven you guys heard, the situation on arising from the MCO is unfolding nicely with no disruption to production workers with only half of Top Glove's corporate employees havingo to work from home. In addition, government had on Wednesday granted approval to some of Top Glove's vendors allowing them to operate at 100% capacity. This development is a sign that government will support the glove maker industry taking into consideration the crucial role it play in ensuring adequate supply of important PPE to meet global demand

https://www.klsescreener.com/v2/news/view/657035/top-glove-sees-higher-profit-in-second-half

Desperation reeks from those seeking affirmation on compensation matters that even insiders would not know. Dump on your own accord hold on your own accord

speaking of the contracts secured to date, the company had entered into contract with TRADE HOUSE ATLANTIS LIMITED (and its related company) to supply hardware for an aggregate contract value of RM33.31 mil to date. Out of this amount, RM0.463 mil, RM4.99 mil and RM7.84 mil were recognised in Q32017, Q42017 and Q12018 respectively, implying a total contract value of RM20 mil to be recognised for the rest of FYE2018.

o my god, Casey is KC Chong! He is a she!

Bina puri is defensive? The last I check the investment fraternity was calling nestle, f and n, dutch lady defensive stocks. I believe 'cyclical' will be more appropriate for Bina puri

I suppose you mean floor when u talk about safety in the context of your write up

Bollocks, the level of debt a company can take is independent of the equity value of the company. It does not represent a floor nor a ceiling level of a company's equity value

This counter held it's price previously as recent buyer bought into this counter I'm anticipation of a positive result. Now that result is out, amidst turbulence times, I believe these recent buyer will take profit albeit marginal one to avoid potential loss. In addition, many other counter with solid fundamental has surfaced with attractive valuation durin recent sell off. Grand flo will have to compete with these counters too after it's result is announced.

Will it be in June or July?

Source: The Edge 4 May 2015

Grand-Flo Bhd does not appear to be the right stocks for a GST theme on Bursa Malaysia. However, according to its president and managing director Tan Bak Hong, the company is a clear beneficiary of the consumption tax because its sales force automation (“SFA”) solution enables its clients to capture all the output tax at one go. This solution, Tan adds, will come in handy when businesses start filing their tax claims with the Customs Department.
“Many have underestimated the importance of GST claims. This task has to be computerised because it cannot be done manually. If you do your claims slowly, they will be delayed and the result will be cash-flow problems,” he tells The Edge.
Grand-Flo’s SFA solution, dubbed ManageSales, will allow the speedy consolidation of the businesses’ input tax, thus enabling them to submit their claims at the earliest possible date, Tan adds. It will also allow mobile workers, especially those in van sales operations, to perform route sales, direct store deliveries, market and distribution checks.
As the solution is now GST ready, the sales operation and management teams are freed from tedious calculation and they expect fast recovery of GST claims from the government.
Thanks to this benefit from the new tax regime, Tan expects Grand-Flo (fundamental:1.8; valuation:1.4) to post record-high revenue in its first quarter ended March 31, 2015 (1QFY2015). “The positive effect of GST will send our revenue in 1QFY2015 to an all-time high. Year on year, we can almost double it,” he says.
Grand-Flo did not do very well in 1QFY2014 with its revenue declining to RM14.2 million, down nearly 25% from RM18.9 million a year ago. Traditionally, the tracking solutions provider reports a revenue of RM14 million to RM15 million in its first quarter.
In its financial year ended Dec 31,2014(FY2014), Grand-Flo made a net profit of RM6.1 million on revenue of RM85.6 million. It declared a dividend per share of one sen, which represented 68% of the group’s net profit that year. The company has a policy of distributing a minimum 20% of net profit to its shareholders.
Consumer good companies, including those in confectionery and tobacco, are using Grand-Flo’s solution to avoid the GST claims hassle. “Gardenia and Massimo were already our clients and more recently, because of GST, the likes of Mighty White and Fuji Bakery as well as a Johor-based bakery have become our new customers,” says Tan.
Commenting on which Grand-Flo is not seen as a GST beneficiary, Tan says most investors are looking for companies with a core soft-ware business. “Besides the fact that we have diversified (into property development), if you look at our EDSSC (enterprise data collection and collation system) business, there are our hardware and software segments. So, investors might think the impact of GST on us is not as great as that on pure software companies,” he explains.
In 2013, Grand-Flo acquired a 52% stake in Jalur Bina Sdn Bhd to kick-start its maiden property project, called The Glades, in Alma, Bukit Mertajam. With a gross development value (GDV) of RM63 million, the project features a total of 76 semi-detached houses and bungalows.
Last year, the company acquired 50% plus one share of Innoceria Sdn Bhd, which holds the rights to an interest in a mixed-use development in Batu Kawan. Dubbed the Vortex Business Park, it has a GDV of RM220 million.
The property division is expected to account for half of Grand-Flo’s revenue and profit from FY2015 onwards with the remaining half coming from its traditional businesses.
Initially, the company planned to expand its total GDV from RM283 million to RM500 million by early this year but considering the weak market sentiment, it has had no choice but to push back its target to 2016. It will also not proceed with its third project in Batu Kawan, Penang.
“We cannot be too aggressive, given the current market condition, the impact of GST and tighter lending guidelines. It is difficult for buyers and developers to get bank loans. So, we are taking a safe approach,” says Tan. However, he reveals that Grand-Flo will be appointing a new executive director to take charge of the property division as it is still eager to go big in the sector.
Tan admits that Grand-Flo is no longer keen on operating in Thailand as he sees the internet business there requiring huge capital expenditure. The company’s 20%-owned associate Simat Technologies PCL, which is listed in Thailand, started as a tracking solutions provider before venturing into fibre-optic, high-speed internet services in the country.
Simat has to date secured 5,000 subscribers. Its internet division reported loss of RM5 million last year but it is expected to break even when its customer base reaches 10,000 subscribers.
To recap, Grand-Flo bought a 49% stake in Simat for only RM3.4 million in 2005. Today, its 20% stake is worth RM60 million compared with Grand-Flo’s market capitalisation of RM131.87 million

It's a little ex now, but forward earning wise looks decent

Mind enlighthen me more, force?

Wah discount. I re entered at 2.25 last done price

http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/89EF176ACC3532EE48257DFE0018C234/$File/Intergrax%20-%20SIAC.pdf

Board of Integrax recommends to reject offer at RM3.25 and recommend for a fairer price at RM3.60 - RM3.66

Sure la but lememba to less
Corporate tax rate lo ampannella.

Sorry bangan but your remark just reminded me of a very annoying colleague of mine
Who's every deluded sentences starts with goreng and kueh teow and most often than not involves some phantom figure trying to conquer the world by pushing the stocks that he conveniently owned. Too tired of that shit

If they need to push, they'll just push. No need for songs and dances involving dividend. Having said that, happy trading and beli dengan was was : )

http://www.midf.com.my/images/pdf/research-Report/Equity-Beat/2015/XingHe-Peanut%20oil%20growth%20story%20to%20be%20continued-MIDF-030315.pdf

Hi thanks for pointing that out to me. Such is the swaying power of impeccable earnings. Damn I'll start chasing the quarterly like I'll be chasing skirts from now : )

Wah thank u sir for the tips!

Thanks unicorn and millionaire for providing perspective. I'll stay away from this counter for the time being, looking for some fast gain here

Wah u wait very very long ah. Hope u don't have many money tie here or else ar. Fixed deposit with bank better ah

Bought into this under researched gem. It's unbelievably cheap considering it's fundamentals

I'm interested in this counter but is worried bursa may slap them with UMA. Does anyone here knows if bursa will query taking into consideration of the price movement and volume of this counter? Comments are much appreciated

I believe the delayed in price movement was due to expectation of unexciting q4 result. Everybody was waiting for a huge discount post release of q4 result. The recent price increase reflects the entry of these group of wait for discount investors

Kantoi! Unless u wanna get goreng babe ; )

Sorry this one http://www.theedgemarkets.com/my/article/diversified-gateway-gains-35-hits-new-high-oct-2009

http://www.theedgemarkets.com/my/article/diversified-gateway-gains-35-hits-new-high-oct

Sorry referring to my post above, I meant to say market value divided by cost of investment. Not minus

If you view your cash + stock as an entire portfolio and you have a mandate to deploy available cash to generate return, then method A is meaningful. Having said this, it would also be relevant to the investor of it's return from invested funds solely. In this case, I recommend market value at the time of assessment less cost of investment at the beginning of the period, less by 1. That result would have been return on invested fund for the period is assessment.

Guess who bought in after it doubled? Yours truly at your service, sigh. My very first investment and I got raped like a thanks giving turkey with various stuffings in my anal.

Aiks it was reported that Ng min lee was the previous executive director of key west. The company that became the target of xing he's rto. Great some one with vision is buying in large amount. Let us hope his
Vision does not end up the same spot as his previous vision. O well, if all hell breaks lose, there's always a third rto and more unsuspecting investors to
Unload shit
Unto : )

Thanks logitrader for the info

aiyo siapa goreng ni?

where did the support go! I entered at 3.25! its going down trend already

"Does the people has credibility?" Well the Teoh has an 'awesome' reputation. These are the kind of guys that bankers would 'love' to deal with. If you get the drift : )