@investoroem - yes, provided it does climb back up in December. But most importantly is the demand / order. The average for 3 months for Jul-Sep (Amsteel/Anjoo/Southern/Masteel) for Klang Valley is about RM2330 (T16-T32) and RM2470 (T40). If in Dec, it can climb back up to 2600 from current ~ 2400 (which is quite unlikely for such sudden jump as tomorrow itself is 1/12), in such ideal case you will get Q4 average around RM2400 (T16-T32) and RM2500 (T40) still... around the average for Q3. So, unless the demand / order book increase, otherwise i foresee the net profits wont be too far off from current Q3, and could potentially drop. Of course there are many other factors we need to consider. So having said that, despite we do have ongoing mega projects such as MRT2, LRT3 etc right now, I am a little doubtful that the demand will surge drastically in short term. ECRL and especially HSR wont trigger the effect so soon (HSR has just started calling tender for PDP role.. expected award by early or mid next year, then only comes with design and tendering out to appoint contractors...), plus with property sector slowing down, looking at current Masteel share price which is considered at high, the call is yours.

Rebar historical price was highest in June 2008, where it hit RM3900/t in Malaysia. Back then China was still higher than Malaysia, at approx RM4100/t. If you examine this year's price trend, we started off the year, we started around RM2200/T in Jan, it dipped below RM2000/T middle of this year. Then went up drastically from Jul to Sep, and hit above RM2700/T (these 3 months are the Q3 period). After Sep, price has since gradually dropped. RM2600 in October and at about RM2400/T (end user price up to 7/11/17). Market demand has been a little weakened but shows slight improvement. My personal take is that, unless the demand/order has increased drastically during this 4th Quarter, comparing Oct-Dec rebar price vs Jul-Sep rebar price, otherwise this QR results is likely to drop.

Analyse Q1 and Q2, you will realise that Q2 revenue dropped compared to Q1, coincidentally, rebar price dropped below RM2000/T in Q2.

The demand vs supply is one of the key determinants of the company's business.

in that case you should go counters like Inari, Uchitec and Penta, and not wasting your time here haha... just delete JHM from your watchlist. When JHM hits RM5, you can revisit.

@apolloang you buy JHM for trading ke or dividen? i think people buy JHM as a growth stock as of now. Not for dividen.

Dont laugh at Lumier. He will appear soon. You will thank him later.

@Clearsky sounded much like an insider. hmmm....

you need PDP experience to deliver this HSR project. cannot malukan malaysia infront of singapore. so far, only Gamuda delivered MRT line 1 successfully and on time. MRCB has yet to prove their delivery ability yet though they are one of the JV partners for the current LRT3 PDP. So you can say in Malaysia most likely, this Gamuda-MRCB JV stand a high chance to win the Tender.

@YouBuyIBuy, based on track record n experience in PDP, Gamuda prob boasts greater strength in delivering HSR PDP than MRCB. Perhaps i will say this MRCB needs Gamuda to submit a competent tender for HSR PDP.

Hold tight, Pokemon Lumier appearing soon!

@apolloang, this clearsky prob know sth. if you check his comments, 7/3/17, when JHM was 2.70 prior to Bonus issue, he has been here. and i believe he's here even before that. so his 1000% could be real.

@apolloang, i remembered when it was 40 cents, in Feb-16, no one believed me. and gradually, those i knew, still made good profits after that thought, when it started going crazy. well well..

@apolloang, then quite obvious you dont know about this business loh. However, do keep speculating though.

@chandra54, please throw till 2.70 for us to pick up :) for the past weeks, the market has kinda absorbed / digested the 3rd QR results.

Take note that director bought/accumulated above RM3 just last month

Good time to pick up some of the shares. If you can hold for at least mid term.

@hehehehe1234, QR already out, so indeed it's slight growth. :)

@cherng - clearsky mentioned slight growth. smart1 memang not smart.

Waiting...

@pakatan Harapan, KTMB not built by Gamuda lah. Please get your facts right.

we shall see :)

Good QR.

made so little money, gave so much dividen. Syabas sekali!
Net profit this QR - RM38 mil.
Giving out - RM176 mil.

You know i know why.

KUALA LUMPUR (Nov 22): AllianceDBS Research said Nova MSC Bhd (NovaMSC) had on Nov 21 traded higher to 11 sen before closing at 10.5 sen (up 0.5 sen or 5.0%).

In its evening edition yesterday, the research house said NovaMsc continued to trade above the 20-day (blue) and 50-day (red) moving average lines.

“Given the recent share price behaviour, the stock is likely to move between 9.5 sen and 12 sen in the coming few days.

“A fall below 9.5 sen should see further price decline to the subsequent support zone, 8.5 sen – 9 sen.

“However, a rise above 12 sen would lift the stock to the next resistance zone, 12.5 sen – 14 sen,” it said.

AllianceDBS Research said stock volume traded on Nov 21 was 12.6 million shares compared to the 3-month average volume of 4.85 million shares.

The research house said that indicators wise, the MACD was below the 9-day moving average line with the sell signal remains intact.

It said the relative strength index indicated that the stock was currently in a neutral zone.

Let's see on the QR. :)

Just the overall market sentiment is weak. But that's okay. Patience is the key. :)

Dont worry. Overall market bearish. Good time to collect more.

Good prospects with double jobs awarded. Looking positive for midterm.

http://www.thestar.com.my/business/business-news/2017/11/20/tender-called-to-appoint-kl-spore-rail-projects-delivery-partner/

haha... Ken bought 1,000 units back from the market. LOL.

@salman i like your comment. lol

Holding tight. Big sharks in calm sea! Awaiting for strong waves!

I gonna hold tight with this counter and wait for the day of blooming.

Tomorrow shall see some correction (up). undervalued counter...

any reason for the sudden up?

@csl1991 you are right. i think the determinant is that most contra players or intra players do not have funds to hold. or spare cash. Real investors don't look at 3-4 short days.

just dont understand why people are moved by one player. EPF bought into many companies, and EPF often comes in and out, i dont see those companies being shaken. shallow investors everywhere. or perhaps, many are not investors, pure goreng kakis. WTS cannot determine the QR results, the results came from the company. if the company is doing well and has good prospects, why worry about who the investors are, or whether an investor is having lunch now or going to the toilet? The owners of the company will strive to do well, unless the company is founded for nothing.

buy at low. convinced by the business prospects and earnings. Wong > than RM3 mil last QR net profits? hmmm... your call.

@sitia, how long have you been holding?

Wong TS bought in. Share price up like rocket. All rushed in.
Wong TS made handsome profits (passive investment) and TP.
Wong TS made public announcement - I sold already o.
Share price diarrhea. Then someone will laugh and buy in again. :)

Why run eh, invest because of Wong TS? Not because of the business & prospect?

@wondersky, i was referring to your deleted comment about boardroom tussle, thus i am asking you. Bursa announcement didnt mention boardroom tussle.

@wondersky, which Lor are you referring to?

why no one scolding Lumier dy?

what goes up must come down. no counter will be forever on honeymoon.

Lumier not hiding, he's just being patient. aha...

I wondered where the 1 billion new shares for the acquisition come from. Will it be fundraising from the public? The 1 billion new shares cannot be created from nothing. So, once the fund raising starts, I foresee the price will drop. Can anyone advise?

to those who chased high, all the best. don't blindly dive, some calm seas have killing sharks and piercing rocks at the seabeds.

We refer to an article appearing in The Edge Malaysia entitled "Top Glove said to buy Adventa's surgical glove operations" dated 24 October 2017.



The Board of Directors of Adventa wishes to clarify that the Company is no longer involved in the surgical glove manufacturing operations.



Adventa had undertaken a restructuring exercise in 2012 whereby the Company had on 25 July 2012, accepted the offer letter from Aspion Sdn. Bhd. to dispose of all of the surgical glove businesses and undertakings, including the liabilities and assets of Adventa other than the excluded business. The excluded business means all the shares in the capital of Sun Healthcare (M) Sdn. Bhd. and Electron Beam Sdn. Bhd. The disposal was approved by the shareholders on 1 November 2012 and was completed on 30 November 2012.



The Company had made all necessary announcements in respect of the said restructuring exercise to Bursa Malaysia Securities Berhad in compliance with the disclosure requirements in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.



This announcement is dated 24 October 2017.

with the acquisition, Denko will now have 1.1 billion shares. At RM1.15, current price is slightly over valued.

This is against the norm. Fire also can go up. Plus not a small fire, it's a big one. Goreng team really powderful. This fire will also burn many who chase after the fire!