this counter lowest can go is 24 cent because PP happened at that price

the RM1050 minimum wage is a good news for SKPres

hibiscus taking a breather...

the next catalyst is the 1 cent dividend announcement

today adjusted ex date already.
this counter is the best in dividend

when they going to announce 1 cent dividend ex date?

most retailer stock under pressure today. Hibiscus cannot escape

they have not set the dividend ex and payment yet

what is current rebar price?

this counter really can get heart attack man..

over a year

5500+3000= 8500 x 360 days x 4 exc rate x USD 75 = 918m

918m X 36% profit margin = 330m per annum

oil price 75 - opex per barrel USD 15 = USD 60 - USD 10 (for admin/miscellaneous cost) = USD 50 x 55.8% = USD 27.9

USD 27.9/75 = 36% profit margin

that is exactly the same profit margin pbb and alliance DBS forecasted

you are a very good analyst. TQ for your insight

buy and holf for the dividend itself is worth it for ann joo

i believe HIGH cost of sales took into account anasuria portion however, sales will only be recognised next quarter

FULL financial year earning 2018 was 203.7m

Assuming brent oil last year @ USD 65
and year 2019 @ USD 75

Also assuming FX same 4.0

simple maths ; 203.7 x 75/65 = 238.6m (this is the bare minimum they will earn in 2019)

Note, i do not want to get into the argument of negative goodwill bad or good.

This simple maths is only for my reference, if you think it is useful, you can use it

frankly speaking, management is not trustworthy enough for me to buy this counter

hopefully next quarter got more negative goodwill announcement!!!

Give Hibiscus at least one year from now la. I think by then, they will be able to declare some dividend

Public BAnk just issued latest target price from

1.08 to 1.73

the next quarter catalyst:-

1. There might have 2 offtake from anasuria. means Revenue might hit 320m and NP might hit 89.6million

2. Oil price is trending higher than USD 73 (which is the offtake for North sabah)

3. USD strengtening against RM from 4 to 4.1, that is another 2.5% increase in NP.

4.

yes, 189m is only for North Sabah, last quarter anasuria is RM75m

therefore, 189 +75m = 264m revenue per quarter.

264m x 4 = 1056m x profit margin of 28% = 295m per year or 73.75m per quarter

Total EPS per year = 295/1588 = 0.18576

1.1/0.18576 = 5.92 PE , target PE 10 = RM 1.858

more steel from overseas is not correct when there is a duty/tariff of 12% in place for rebar

yes, please come to hibiscus, good management and also debt free

very very hard to believe the ROI of this person. almost perfect and even better than warren buffet

warren buffet CAGR also is around 23%only

yes, this is off peak season. therefore, revenue and profit reduce is expected. therefore, this result is not so bad

4 times bottom for SKPresource. very indecisive

HSR has not even started, so there is no stoppage there
only ECRL cancelled. so supply only stop there

wow under a lot of pressure

next catalyst is the main board listing in september

wow good result even without kampar contribution

gogogog

annjoo pays dividend on mother share on Q2 and Q4
annjoo pay dividend on Loan stock LA on Q1 and Q3

annjoo will announce dividend this quarter. last year was 0.6 cent

today annjoo good show. hope can continue tomorrow

why is this counter down while others are up up and away

i only know KWAP is the only seller from the q

ann joo is still my top pick for steel play in malaysia

building materials no sst. good news?

tech stock are all flying. when is EMS turn?

Brent oil is already up to 73... gogogo

good quarterly report out. that is why the price surge

Geshen good result . When skp"?

lagging behind masteel and Lionind. why ?

engine started already. GOGOGO

come on hibiscus!!! give me quarterly report of RM68m profit

no up and down!!! dead counter.

I cannot believe a counter that pays good dividend, used both EAF and blast furnace can lose out to a rally with other less efficient Rebar producer. Really weird

Masteel and LionInd rallying, when is annjoo?

triple bottom at 1.33, i dont think will fall below that

my backend calculation,

@current price of RM1.90, market cap is 1.021billion, base on share cap 538million

splash sale = 2.55b x 0.3 = 0.765b

1.021-0.765 = 0.256b or 256millon (balance for other business)

they still have other business:-
1. century bond
2. king koil
3. cpi
4. smart pipe