NicholasNWH90, Actually, why need to take profit before the ex-date if the company revamp is a good thing, especially diversification into other indiustry. No doubt its profit is going down in the past. I beleive we will reap good harvest in the future. Growth to me is important too. Just keep for sometime first. Say, 2 - 3 years. or 5 maximum. See what they can do.

Welcome paperplane shifu, Thats only from my point of view. Nothing is guarantee in stock INVESTING. Moreover, this year started short selling. The least is you can sleep well while earning money in righteous way.

Congrats to all shareholder. I guess this is the best we have achieved. Hope for the best tomorrow

NicholasNWH90 Paperplane, TP RM2 achievable before ex-date?
15/02/2021 11:14 PM

i think Yi-Lai being a lighweight share base couple with limited floating, it will most likely achievable

Orson Chin, All the best to you. See you again. Take care

ZzlukezZ , look for the announcement.. Take note - Date and time

example pbbank here

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES PUBLIC BANK BERHAD ("PBB" OR "COMPANY") - BONUS ISSUE OF 15,528,553,388 NEW ORDINARY SHARES IN PBB ("PBB SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 4 BONUS SHARES FOR EVERY 1 EXISTING PBB SHARE HELD AS AT 5.00 P.M. ON 27 JANUARY 2021 ("BONUS ISSUE")

I sad to see this stock chart.

I like that. Lol


20816 posts
Posted by paperplane > Feb 15, 2021 6:07 PM | Report Abuse

lol.....why fly another, already 99% confirm approved loh

I wonder how is the QR result. At least RM10mil due to the land sale

Yes gogogo

Despite of Epf is disposing for weeks, pbb share price still rock solid. This really amaze me.

.Happy NewvYear to all, Stay safe, Healthy & be well. Huat Always Huat

Bat is on fire. Firing up to CNY. Huat ar everyone

Paper, Still got 15 days to shoot up to 1288 or 1388

.stockfreak are you new to stock market? Once listed all counter will be goreng or push up at any time.

YB = Yang Berhormat. Sounds VIP from now on

Haha. Wait for a new counter call sam lai. Improvement and growth is part and parcel of growing up.

YiLai huat ar

Take it easy Orson, taking profit is not right or wrong as long everyone is happy.

Salute to you, paperplane Sifu.

paperplane You see my pick, freight, kpprop, all running well. Not tovsay common pick like skrpes, vs, ata, d&o. Even selling now also you in gain position. Sometimes, investing really need a bit patient, because this is not casino roulette tables

Welcome back anytime Orson Chin. Join us again for higher profit. Happy New Year. Huat ar

Oh no. This is a mad mad world. Orson, you better buy back, If not you buy higher later

Hope YiLai coming QR and Fy20 is good to kick start a better future.

Wah. Paper Sifu already spoken. Hold tight to maximum profit.

So Orson Chon would you like to share something with us since you hold zero share now. Don't keep us in the dark. Your adviced will be much appreciated.

Orson Chin say keep cash better or he knows something that we don't know. Its up to individual thinking. Thatscwhybstock investing is a very personal thing.

YiLai - GO go go

Hmmm, guess I need to average up from now on

Please drop more so that i can average down more

Yeah. We trust Paperplane and Orson Chin bro. HUAT ar 2021. Stay fit and healthy too

Thanks for the input, I thot to buy due to their nature of biz.

NicholasNWH90, saw u in Luxchem, how is doing?

Thanks NicholasNWH90, congrats to all holders of yilai. Hope 2021 brings joy, wealth, prosperity and good health to all.

yilai bo lat liao

New year 2021 New Yilai Achievement

Executive director Au Yee Boon said: “Leaning on Yi-Lai’s strong balance sheet, the management is always on the lookout for good businesses either via strategic collaborations or M&As. (File pic shows Yi-Lai tiles)

PETALING JAYA: Tile manufacturer Yi-Lai Bhd is stepping up its merger and acquisition (M&A) and diversification exercises having allocated an initial RM30mil to RM40mil for such purpose.

The company hopes to secure at least one M&A next year and to diversify its business in a bid to mitigate the risk of over dependence on a particular business.

Executive director Au Yee Boon said: “Leaning on Yi-Lai’s strong balance sheet, the management is always on the lookout for good businesses either via strategic collaborations or M&As.

”We hope to have at least one earnings accretive acquisition in 2021. Currently, we have several good local candidates in different industries such as renewable energy, building materials and technology that we have expressed our interest in.

“However, all of these discussions are still preliminary.”

At the same time, he added Yi-Lai is also looking to venture into different industries as it is imperative for the company to diversify its businesses to mitigate the risk of over-reliance on a single business.

This was evident after the Covid-19 outbreak as it needed to have a solid backup plan for a resilient business direction, Au noted.

He said the company currently has close to RM78mil cash and cash equivalents with zero borrowings which would facilitate, among others, its M&A and diversification exercises.

“We have also allocated about RM10mil in investments to boost our two new products – “Talos Living Tiles” and “Antivirus Tiles”. Both of these products were launched this year and we received very positive responses from our partners.

“It also gave us better margins as compared to the conventional tiles. The company foresees there will be huge demand for such tiles over the next few years, and we are in the midst of realigning our production lines and resources to mass produce these tiles, ” Au said.

After three consecutive financial year losses, the company returned to the black with RM7mil in the third quarter ended September 2020, with the net loss narrowed to RM2mil for the nine months period.

Commenting on its financial performance, Au, who is also a major shareholder of Yi-Lai, said he believes the company would turnaround for its full year 2020.

“Due to the low-base effect, I expect a spurt in growth for Yi-Lai’s FY2021 profit. The worst is over for the company. Our two-pronged engines (tiles manufacturing and IT business) would charter the company to a new height in 2021.

In terms of revenue generation, he said Yi-Lai’s revenue from tile manufacturing has always been in the range of RM100mil to RM130mil per annum. We expect it to be the same for the next three years.

However, he said the company should see high margins due to the different product offerings that it has launched, as well as the cost saving measures and effort to increase efficiency.

The new IT business would play an important part in the bottom line generation, as it is serviced-based, its margins are much higher despite lower top line, he noted.

In the next three to five years, Au said he is upbeat Yi-Lai’s revenue would be above RM300mil per annum, with profit margins of at least 20%. “I strongly believe this is achievable, and I believe this will provide a re-rating catalyst to Yi-Lai, ” he said.

Yi-Lai diversified its business into the IT segment in September when it announced a joint venture agreement with TechBase Solution Sdn Bhd. The joint venture would enable Y-Lai to specialise in the provision of blockchain and system integration services.

Yi-Lai has been relatively low profile and out of investors’ radar over the years, despite its strong fundamentals and sturdy balance sheet. Prior to 2015, Au said Yi-Lai was a high dividend yield company.

“With the new management team in place, I hope to attract more investors to put in faith in us, and together, we will create sustainable long term value and be able to return to a high dividend yield company to reward our shareholders, ” Au said.

Oh my goodness, I'm trapped here

Hi guys. Any good news. I see dato n khazanah is buying

Same goes to Gem too.

No.Danny, I appreciate your comment. Could learn things from you. Keep posting. Im holding kossan. Painful to cut lost.

You are right, pinky

But strange, all directors being replaced incl chairman. Hope the company is on the right track on this reformation.

Hope go down much more bcos I enter at relatively quite high price. Need to average down more.

kens88 wait rm 4.5 only safe
25/12/2020 10:08 AM

Fy20

Walau eh. This ey will be good. Keep the good news coming till 2022

Thanks Charlie, an thinking whether flbhd or minho

Charlie chia, where to see lumber futures?

Hardware prices all jump high. Those in construction sector knows.

All metal and raw material is in demand now. So many construction project started anew or continue again. Not just in M'sia. The whole world consume more than ever before.

Guys, whats your views on the acquisition in Lexis companies? Good or bad move?

Let URUSHARTA JAMAAH SDN. BHD. sell finnsh la. Raise money as Govt dun have money