JJchan

JJchan | Joined since 2015-05-28

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Stock

2020-08-17 11:56 | Report Abuse

Even Bid for 100mil Gov project required complete 5years accounts (on average must be profitable) and Bank guarantee plus collateral-----For review under Gov. audit Dept.

I will be very surprise if 1.5Bil Bid requires Less supporting Documentations and Support

Stock

2020-08-16 18:23 | Report Abuse

1.5Bil is just the skin of the NIIS many add-on are excluded (will be added later). If Gov build a
Highway, the actual physical structure in the plan cannot change much bcos of Land issue.
Software and adding new equipments are easy job----everythings are privately negotiated. No
extra tender required

Stock

2020-08-16 13:50 | Report Abuse

With minus 17.1% GDP, anything PN throws into the economy---helps alot.
Next week Or end month( due to political intervention) announcement will be made.

Stock

2020-08-15 18:47 | Report Abuse

I think Demand of Glove is still there whether got vaccine Or not. But it is the selling price that
matters. Why keep capacity if you are just breaking even? Right now i think most of buyers are
major distributors, Not end-user like Hospital (they are well stocked by now).
Do you think US Custom dare to stop TopGlove shipment if the consignment goes to a Hospital
in dire conditions.

Stock

2020-08-15 16:53 | Report Abuse

SRI TRANG (Thailand) just raised RM1.4 Billion IPO for Glove factory expansion. They might
siphon most of Thailand Latex away from TopGlove---serious competitor, sitting next to latex
source

Stock

2020-08-15 15:46 | Report Abuse

most Chinese capacity(huge) are there. They build on their existing line. Normal Chinese
factory design is for one line but can expand into 10 lines rapidly. I visited 4-5 factories.

However they cannot compete with TopGlove bcos they are too far from Latex source.Transporting
of raw latex is rather difficult given that quality depreciate with time. I think most of TopG latex
comes from Thailand---most Felda Rubber plantation had converted to Palm Oil.

Right now Latex has a cost competitive Over Nitrile( produce by Harta ). If China has go big on
Medical Glove, they will use Nitrile. It is actually cost of raw material that is holding back China
Capacity----not a profitable Biz before Covid. TopG really got a head start over China factories
in term of capacity

Stock

2020-08-15 10:13 | Report Abuse

After TG hit all time high at 28.30 on 10Aug Monday, i was told one brokerage house is going to Cut contra. I thought it is just a joke. Since Mon, TG has loss RM4.50, i think Goreng masters are
unloading, fearing more than one Stockbrokering House might join in next week.
My advise look-out for 21, this is 80% of a major correction of 30% down from Top---will Hit 19.70
and below ( Contra players only hope is TanSri came out last min to support like last Friday but
yet he cannot push above 24 )

Stock

2020-08-14 16:12 | Report Abuse

Maybank is rather conservative---Capping at 18.00. Usually Capping means you have to reduce
your margin holdings

Stock

2020-08-14 15:14 | Report Abuse

when 24 cannot hold this massive 23ton iron ball, it is going down hill. Be very careful if 21 cannot
hold, it will hit 19.70 rapidly. I don't think this point can hold too. Today is gone. Wait for Monday
show.

Stock

2020-08-11 09:51 | Report Abuse

so TopGlove actually didn't reimburse workers until Hit by US sanction. Maybe not so easy to
get off the Hook. Look at China for example

Stock

2020-08-11 09:30 | Report Abuse

DataSonic price jumps from 59cents to 1.39 today is also depend on NIIS (provide electronics for
Immigration ) Not even a Bidder but just Contractor. So Dnex upside potential is very High if
secured NIIS. Hope to reach RM2 --3 if received within this goreng period

Stock

2020-08-08 19:17 | Report Abuse

Just a word of caution. It is no longer profitable making 3 ply face mask in China. I rented my
under utilised warehouse in GuangDong to a face mask manufacturer in March and he no longer
need the warehouse in August-----Biz come and Go so fast

Stock

2020-08-08 10:02 | Report Abuse

3 things that say snap election coming 1) Najib convicted(eliminate BN major competitor for PM position) 2) Lim Guan Eng Corruption Trial 3) Schools Told to prepare for Election.
However Mahathir throws a "monkey wrench"----now got Party Bebas. Basically this will split
a small party (Bersatu into 2 )

Both Bersatu and Party Bebas( MP--mahathir party) claimed to be Malay Party so i believe NIIS
announcement is either Delayed (after election) Or given to Dnex as a token that say Bersatu helps Bumi Co. to Draw Votes for 15GE-----What you Say???

Stock

2020-08-07 20:29 | Report Abuse

Danielgsk https://focusmalaysia.my/mainstream/this-consortium-is-frontrunner-for...

Refer to this old news, Dnex was not even being mentioned

****Daniel, you have missed somethings, at the far-end corner of this page, in very small print
said " pay for by Mr Wong Thean Soon owner of MyEG "*******

Stock

2020-08-07 20:21 | Report Abuse

It takes 5 months (after Covid starts ) for Dps to break 0.08 again. Also with Big Volume.
Seems to be Good start unless those bought today didn't dump on T+2 immediately.
All it takes Peter to announce a Profit of RM100K--200K in 2Qr, coming in 3 weeks time, I
think it is reasonable for Dps to stay above 10cents or 20cents depending on Dow and Vaccine announcement. I have a very strong belief, snap election will be announced soon.-----Goreng
time for most ikan bilis counter

Stock

2020-08-07 11:35 | Report Abuse

If you look at Internet prints( The edge or others IRIS is always park at the far corner), IRIS is Not
a foreRunner but in Bursa its price is flying with twin Turbo engin...must be Goreng )

Stock

2020-08-07 11:32 | Report Abuse

Newborne83 for yr perusal. Substantial Shareholder of Iris

Substantial shareholders include Poh’s investment vehicle Orientalgold Equity Sdn Bhd with a 11.84% stake as well as tycoon Vincent Tan Chee Yioun’s son Robin Tan Yeong Chin at 9.80% and Felda Investment Corporation Sdn Bhd at 4.14%. Umno businessman Rozamujib Abdul Rahman @ Rozabil has a 1.45% stake in the company

Stock

2020-08-07 11:08 | Report Abuse

iris hit a brick wall( vincent tan lot at 0.45). Dnex still can go up to 0.300 today...too slow

Stock

2020-08-07 10:18 | Report Abuse

Maybe Vincent wants his lot at 0.45 to be clear first ( yesterday and Today same 20mil at 0.45 )

Stock

2020-08-02 18:35 | Report Abuse

AA cannot depends on "Vaccine" to drive back profitability. If you look at the availability of vaccine,
you have to understand, ALL( yes all) vaccine will be for Americans and EU citizens from late
2020 to mid -2021. I think it is some-where bet. late 2021 and early 2022, you will see Vaccine
arriving to ASEAN region and China (Japan / Korea excluded)

Really quite Depressing. Asian still has to depends on social distancing and Mask. For that reason, it is better to do "social distancing " to AA shares

Stock

2020-08-01 09:59 | Report Abuse

from what i heard after the meeting, PNB had enough of Shahril's rubbish, PNB appoints Shamsul
to "take-over" Shahril major decisions. This will give confidence to IB to look at Sap share price
again in future

Stock

2020-08-01 09:40 | Report Abuse

If i am a Buyer interested in Tune, my asking price will be 70% Below market. Tune will suffer
massive loss in 2nd Quarter, 3th----2021. Bcos no passengers no flight insurance, no passengers for Tune Hotel

Stock

2020-07-30 20:33 | Report Abuse

Tony once a snobbish and extremely Proud Fellow (when AA was flying High) Now got to kneel
down and beg Banker(s). Not only he has find money to keep AA planes flying, he has to Top-
Up aax equity as required by PN17 ( no small amount since his Gang holds 40% of aax)

Stock

2020-07-29 19:07 | Report Abuse

Ikan Bilis looks at Quarter results before they Buy. Good thing is Owner/Directors are buying.
Results should be out end August. Best results should be in November. Just keep and wait

Stock

2020-07-29 17:32 | Report Abuse

AA shares will Hit 6.6Bil after RI. Very difficult to surge upwards. With atleast another 3 bad Qr
coming. Play contra is much safer

Stock

2020-07-29 14:01 | Report Abuse

I think AA will survive but Tony might loss 90% of his personnel wealth. Losses in 2Q20 will be massive, 3Q20 will be slightly better. In any how 2Bil raised( if possible) will be wipe-out by year-
end 2020-----2021 budget how?

Stock

2020-07-29 11:22 | Report Abuse

hahaha---Give too much Hope for aax. Anyway Tony is a former Bar Tender, he can create a
miracle Cocktail tomolo for aax

Stock

2020-07-29 10:33 | Report Abuse

Like it Or Not, aax will show a profit for tomolo 1Q2020.

Stock

2020-07-28 21:20 | Report Abuse

Why I said aax is the problem? Nobody will buy aax's RI---How much can you raise from 1-2cents
aax RI?-----No matter how Bad things look, AA can sell RI

Stock

2020-07-28 20:06 | Report Abuse

borneo. Who get NIIS already Known 2 weeks ago Or much earlier? Announcement comes
after "other details are settled"

Stock

2020-07-28 19:57 | Report Abuse

A friend just give a tip----if buyer is PNB or EPF, macc is Not coming

Stock

2020-07-28 19:34 | Report Abuse

Private placement. Nobody knows who is Real Buyer----Just cannot said out loud bcos i don't
want to share a Bed with Najib

Stock

2020-07-28 19:29 | Report Abuse

Based on today price, 20% is 95Mil----Who got this type of Money? Why Right before NIIS announcement ? Maybe NIIS is already a Done Deal

Stock

2020-07-28 19:13 | Report Abuse

although NIIS is said to be 1.2Bil but Gov. project can get VO (variation Order) to 1.5--2.0Bil
with a stroke of Pen ( i have seen this a thousand times )

Stock

2020-07-28 19:08 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1246532

Private placement almost 20% of Dnex O/S shares---Just before NIIS announcement. I find
this extremely suspicion

Stock

2020-07-28 18:32 | Report Abuse

problem is aax. If aax goes into PN17, Tune and Tony & Co got to raise Cash too

Stock

2020-07-28 18:25 | Report Abuse

3.3bil shares Outstanding. 50cents RI will raise 1.5Bil ( 1 for 1 )

Stock

2020-07-28 12:30 | Report Abuse

Double Turbo Charged Diesel Engine--maybe

Stock

2020-07-28 12:28 | Report Abuse

with so many small Cap counters running in 4th Gear on Ron97, how dps running on diesel can
catch up?

Stock

2020-07-28 12:23 | Report Abuse

most players holding at 0.09 - 0.10 had thrown-in their towel into 0.08 as i suspected( about 10m)
If Vol. can maintain more than 10mil for 2-3 days, Dps can breach 10cents easily

Stock

2020-07-28 12:00 | Report Abuse

Last Qr., Dps generated 14mil Revenue eventhough 1Qr. got cny holiday and 2 weeks mco.
Given 2Qr19, revenue was 5.5mil, if compare with "potential 2Qr20 revenue" the increased in
revenue could be more than 10mil (very substantial jump)

Profit wise (2Qr.20 ) hard to say, maybe 1.0 mil

Stock

2020-07-28 11:36 | Report Abuse

2Qr Results should Hit 20mil profit

Stock

2020-07-28 10:00 | Report Abuse

Iris is plunging. Severely Over-Bought. Will correct below 30cents to get in par with Dnex

Stock

2020-07-28 07:53 | Report Abuse

XoX jumps 6 cents yesterday. XoX is NO tech-Co, NO software but just sell pre-paid Cards.
Basically xox in layman term is, just a vegetable seller.
All in all, Bursa is Hot, Ikan Bilis buys anything that Got News( True or Not doesn't matter)

Stock

2020-07-27 18:41 | Report Abuse

Bursa stock becomes goreng kaki when Big boys with very deep pocket decided to corner the
stock. Look at PentaMaster, i think it is a junk, PE 37 Dy 0.2. But price at 6.28 today
Nobody knows Dnex future price until it arrived. So sit tight and smoke a Cigar (cigarette burned
too fast when you are excited )

Stock

2020-07-26 15:31 | Report Abuse

Censof bought Dnex using margin account. When dnex plunged below 60% holding price, margin call initiate by StockBroker House actually causes a cascading waterfall (whole market was falling
anyway---making impossible to brake)--------Just imagine Censof bought at 50cents and also its
Directors are liquidating at the same time ) YKK loss 70mil in Jaks also at the same time

Stock

2020-07-26 11:15 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Banks-Shun-Loans-To-US-Shale-Drillers.html

WTI price will catch-up Or matching with Brent soon with falling production ( no more Fund from
Banks )

Stock

2020-07-25 14:21 | Report Abuse

thanks for the reassurance. I have now 11cents Cap. gain for 26cents. When Dnex plunged below
10cents, i felt i have 2 frozen nuts weighing about 2 kilo. between my legs. Running became
impossible

Stock

2020-07-25 11:56 | Report Abuse

US Shale Co are in the same situation as MAS and AAX. Nobody pump-in money, they just disappeared

Stock

2020-07-25 11:52 | Report Abuse

https://oilprice.com/Latest-Energy-News/World-News/Schlumberger-Books-Second-Consecutive-Loss-Amid-Shale-Bust.html

Opec+ has achieved its Goal in Killing US Shale Operator. Previously Shale production can
rebound rapidly bcos they have Co. like Schlumberger and private Bankers support. Private Banks
had sunk more than 100billion into non-recoverable shale asset had thrown-in their tower (they allow mega Shale Oil Co. to go Bankrupt.)

From what i read, most Traders are "long on Oil" -----$60--70( if vaccine is available) by year end