Valuations are not demanding. Will be 0.5 in no time!

Anybody has any idea about the announcement today? https://www.klsescreener.com/v2/announcements/view/3226175

Lets hope for the big rocket!

Bought some ekovest at 51.

After studying what hooi said, decided to avoid this counter. Its karim that has the power. Thank you for the warning

Tomorrow 1? Thats impossible.. 2 limit up? Also max 0.915 by tomorrow...

Not sure about the synergy. But have seen his investment in kpower scib and minetec pay off.

7bill project? Seriously? Is that the synergy with istone?

Big investor came in. Must be a bombastic game plan. Will join to ride it.

Yeah...will rejoin back after ex-date

Decided to take profit at 10.34 first. will rejoin later.

Please dont look at trading volume. Value traded is a better indication. All we need is average daily traded value of RM6billion and the banks will be forced to upgrade the tp for BURSA to RM15!

Thanks :) Hope all of us can make money in this counter.


Sinoboy Welcome Mikiyo to this wealthcare counter :)
04/08/2020 5:28 PM

No better counter to benefit from this high volume scenario than Bursa.

Bought some bursa to join you guys. Hope the record traded value can bring this counter to the next level!

I have sold all. Please becareful. Cannot believe the rise already..

No no, i am not trying to take any credit. As long as all of us make money together and all of us are happy, that will be more pleasing :D


steveninvest You should thanks my masterhead sifu. He called for buying this stock early before Mikiyo..huh
03/08/2020 11:12 AM

ICONIC is like CAREPLS. while Notion/SCGM is like TOPGLOV/SUPERMX. We can use them as guide!

https://www.theedgemarkets.com/article/ppe-faceoff Read to understand more about the profit margin

https://www.theedgemarkets.com/article/iconic-worldwide-starts-making-face-masks-says-orders-fully-taken-until-july With capacity for 2-3million mask a month, they are producing more than notion/scgm. Solid 30% Profit margin.

Buy ICONIC for face mask play. Look at Notion/SCGM. Both have capacity but they are not even close to the capacity of ICONIC. Of course ICONIC is worth much more than current price!

profit drop 50% omg.

All these noisy people. If you are not holding MUDA, better to go get your eyes checked. Study the 5 year performance and come tell us if its bad. I bet none of you attended the AGM to even understand what was conveyed.

Director has mentioned in AGM that it will take time to pass on the cost to the customer and yet profit is still wonderful. It wont be long before the full cost is passed on the customer and MUDA is able to reap all benefit. Whoever who attended the AGM will know what was conveyed.

Wonderful profit. no insurance compensation and outperforming during off-peak season. Whole year EPS is bound to be at least 20EPS. One of the highest yearly EPS in the last 4 years.

dont be sadden, once there are more earnings visibility in hiaptek, you will see OTB call buy again. Maybe that time KYY will even enter

with ringgit strengthening, i dont see a reason for ESSB losses to be so much. A big portion of ESSB losses are due to movement of currency against the USD loan.

like i said...it doesnt matter. as long as hiaptek's core business can make much more money than essb's share of loss

that is the gamble that matters for hiaptek

You are right about that, until eastern steel starts back, it will bleed money every single quarter. Now its more about whether Hiaptek Core Business can make more money and cover the losses in ESSB and still make money!

KYY not having steel counter doesnt indicate steel counter plays are over.

I have hengyuan way before KYY even entered. it doesnt matter if hes not inside.

im betting that there is none. and results is going to be good. lets hope im right.

lets see if there is impairment in this coming qtr then.

Geo123, if subscribe 10000 will have 2000 free warrant not 2 free warrant. Price depends on market perceived value at that point of time.

hng33. you are a real mrcb supporter. haha.

OR tomorrow last day.

still got some seller in MRCB-OR. Lets see if got more seller tomorrow then.....not as stable today.

From experience, if OR is steady on the 3rd day, 4th and 5th will not have much more supplies already.
Wen Jueen, you dont need to count the conversion. Just top up RM0.79 for every OR you own. They already announced the subscription price. Contact your remisier to know the procedure.

Yes beginner. sell mothershare at lost and buy the OR will be better.

With current price of MRCB mothershare at 89 cent. OR subscription at 79 cent and currently priced at 9 cent. It is better for you to sell the mothershare and buy the OR and subscribe as u will get the mothershare at 88 cent + 1 free warrant for every 5 subscribed. Good Luck

So at any price below 17 cents, it is wiser for any entitled OR owners to subscribe.

Based on my calculation, those who bought at 1.06 before the ex-date will need the OR to be trading at 17 cents for them to breakeven at current 89 cents price unless they have decided to subscribe.

My rough calculation for people:
Before ex / After Ex
1.20 / 0.995
1.10 / 0.945
1.06 / 0.925
1.00 / 0.895
0.90 / 0.845

Please take note that the top calculation doesnt account for free warrant.

steadyyy

the share of loss comes from eastern steel due to their usd denominated loans. Ringgit strengthen a little. so probably see less losses from there for next qr

Steel prices staying strong with coking coal and iron raw at a much lower price than previously. Margin expansion coming? Expecting 35mill profit next qr?

funny how people who doesnt hold the share keeps on coming to this forum and keep cursing the shareholders. Spreading fake news and all.

That is without accounting for the rights issue done last year. all i want is RM0.50 thats good enough for me!

Deal or not...lets hope the share price rise. WIll be good if they dispose off eastern steel entirely though.