Because of older pipu are very free, so they just forward whatever they received...

Jomo now become a big s-licker of Mahathir, just because he put him in the CEP...

But Mahathir probably won't live long enough to see the day Pero3 fail miserably, Malaysians will carry on to suffer nonetheless, in terms of continue buying expensive cars low quality cars, and bear with higher national debts burden...

tales029,
What's your target timeline? And any target price for the next move...?

Jon Choivo, how to hold for 50 years if you are holding the warrants...? Remember your topic is : should you buy warrants or shares...?

hero666, yes I am still holding Tommy... I know it's painful with the downtrend, but I hold for long-term...

While the bears are talking pessimistically, the bulls are quietly and slowly collecting...

Waiting for rebound after oversold...

Also, Maybank Research posted above, it says 2H'18 should see improvements on revenues...

I salute you, godhand...

https://klse.i3investor.com/m/blog/kltrader/159122.jsp

shpg22,
Really? 20sen only? can you sell to me or not, I offer to buy from you at 50sen... :D

In the last Q report Q4'17, there was a major error on the amount of tax incentives, that caused the report to show a big loss of RM-3.9m instead of profits, so maybe this time they want to be more vigilant, to spend more time to double-check the report before releasing the report to Bursa...

It's quite an embarrassment to the BOD which signed and declared that the report was correct...

This Don Trump probably makes tons of money from stock market by playing political dramas to manipulate the market sentiments... Shorting and buying according to market yo-yo...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5684481

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5678921

But FELDA sold 3.0M shares on the same day, so EPF bought from FELDA?

Another possible reason maybe the director (To Tai Wai) selling his ESOS and Warrants converted 2 weeks ago, total 491, 474 new shares.

EPF bought 3.18M shares last week...

Date interest acquired : 30 Jan 2018
No of securities : 3,181,800
Circumstances by reason of which Securities Holder has interest : ACQUISITION OF SHARES BY CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLYS PRVNT FD BD (RHBISLAMIC)IC
Nature of interest : Direct Interest

http://www.theedgemarkets.com/article/daibochis-growth-seen-be-driven-malaysia-and-myanmar-plants

Daibochi get record earnings, but get mixed valuations by CIMB (Overvalued, Fair price RM2.02) and MIDF (Buy, Target RM2.59). BTW, Kenanga valued it at RM 2.51 in the last Q...

Ozzie75,

So u plan to retire in M'sia instead of Oz...?
Good choice there, check up this recent news:

https://www.channelnewsasia.com/news/asiapacific/malaysia-among-top-5-best-places-to-retire-in-the-world-9831836

With A$2,000/mth or RM6k+, you can retire very comfortably in M'sian smaller cities like Ipoh or Taiping, or A$3k in big city like KL... :)

""贸工部还提到一些塑料领域的主要业者，如Scientex Bhd、V.S. Industry Bhd、 Thong Guan Industries Bhd、BP Plastics Holding Bhd 及Tomypak Holdings Bhd.""

So Tommy was mentioned instead of Daibochi, does that mean Tommy is exporting overseas more than Daibochi now? If true, Nestlé's GPC just launched few months ago may be the Game Changing factor... Can anyone update on this?

Hopefully by CNY Tommy can race pass RM1.10 and meet our target RM1.20 to celebrate our 1st Anniversary of holding Tommy shares... :D

pc_FA,

Good to know that I'm not alone, we have being holding Tommy shares since last year... :)

Too early to exit, I'm buying more instead... :)

This year and next 2 years should see their expansion starting to bear fruits...

US, China and Japan are racing to produce A.I. Robotics, in 5 to 10 years time, most jobs can be handled by robots. Even Malaysia is also promoting the Industrie-4.0, similar scenario will be here too. A lot of workers will lose TTY their jobs, even professionals like Accountants, Lawyers, Doctors, etc. may also be replaced to some extent...

Many industries will have to invest into robotics to reduce costs, better quality, higher efficiency and more productivity, at the expense of reduction of human workforce.

The day of reckoning will come, sooner or later, nobody knows the exact dates...

Not page-17, see page-20, no. 72 :

72. 8966 Prolexus Bhd

Next week onwards should see EPF/AMUNDI buying back Prolexus shares, much cheaper for them now...

Putting 2 and 2 together, I think Tomypak should have exciting years ahead starting from next Q or 2018 onwards.

Another "good news" is Nestle finally launched its Global Procurement Hub in Malaysia yesterday.

Tomypak has planned and timed their new Senai factory operation start-up and the old Tampoi factory refurbishment to be completed by next month, to crank up their productions just-in-time well aligned with Nestle's GPH commencement.

The Nestle Global Procurement Hubs will soon provide a big boost for demands of Tomypak's packaging materials, for all their markets globally...

The Q3 results is a bit disappointing, but the management clearly explained in the QR that the decrease in profits were mainly due to decrease in gross margins, mainly due to an increase in cost of goods manufactured.

The increase in cost of goods manufactured was mainly attributed to:
i) Increase in depreciation by RM798,000 resulting from the commencement of operations at the new Senai plant;
ii) Increase in repairs and maintenance and other operating costs amounting to RM634,000 as a result of operating two separate locations as well as refurbishment of the old Tampoi plant;
iii) Increase in costs of cylinder expensed off at RM701,000 resulting from adoption of new MFRS 15 which resulted in an increase in earlier expensed off of cylinder as compared to Q3-2016; and
iv) Higher financial expenses of RM233,000 for the acquisition of new equipment.

Note that some of the above costs are not repetitive, or one-off expenses, so the Q3 profits could be better if not for such expenses...

Daiboci Q3 revenue +8.5%, PAT +20%... PBT up +46%, despite oil price increase...

The market overreact, now trading at PE 8.5 only...

This is unjustifiable, eventhough the Vietnam factory on hold, they are still expanding, what more now they fast track the fabric mill to speed up their expansion into upstream business, which will give higher revenues and higher profit margins...

sl3ge, this is not a new RI, it's from last year's RI, the balance money to be reallocated for the Fabric mill instead of keeping for the Viet's factory...

The fabric mill is expected to be completed and fully commissioned in the 1H2018, that means Q1 or Q2-2018, only another few months away...

Mr. Lim H.S. was appointed as MD on Jan.2015, almost 3 years ago, so if he said he would take 7 years, then he has 4 more years to achieve his target, that is, by Dec. 2021...

The following target prices corresponding to Tomypak's expansion stages/time-table:-
2017/18, 1-yr TP: RM 1.20 / 3.00 (before split)
2018/19, 2-yr TP: RM 1.60 / 4.00 (before split)
2019/20, 3-yr TP: RM 2.00 / 5.00 (before split)
2020/21, 4-yr TP: RM 2.40 / 6.00 (before split)

Consumer stocks should be among the beneficiaries of higher "Disposable Income" to be generated by the Budget-2018.

Tomypak should benefit from the increased consumer spendings on packaged products, trickle-down directly or indirectly...

China factory also was expanded...

Logistics sector is one of the beneficiaries of "High Impact Investment" in the Budget-2018.

Century Logistics should also benefit from this Government drive, either directly or indirectly...

Potential Momentum Stocks - 24 Oct 17
Stock Name: CENTURY (7117)
Entry: Buy above RM1.18
Target: RM1.28 (8.5%), RM1.32 (11.9%)
Stop: RM1.12 (-5.1%)
Shariah: Yes
Technical: Monitor for breakout above 1.18 Resistance Level

Source: M+Online

UncleJJJ,

TP Rm1.80 by this Nov seems too unlikely, long-term TP may be possible, say 3 years period...

Prolexus had lost Nike's big orders to MagniTech in the past year simply because their factories were already running full at over 90% capacity (as stated by the Company last year), they got caught off-footed with no more capacity for additional productions while Nike and other big customers experienced a sales boom... Imagine their pains when they reluctantly declined the big orders and then went to their competitors...

So it was a hard lesson learned, this time they decided to get ready, to net the big orders coming to them in future...

Engine start to warm up today...

As for the fabric mill, the Company has made the right decision to prioritize the mill construction and also enlarge the production capacity. I think their Taiwanese JV partner Meng Chuan has a big role in the decision, because the fabric mill capacity cannot be easily increased like adding sewing machines, and MC being a very established player in this sector will help to market the fabrics produced, after taking care of their own internal consumptions.

So the fabric mill will contribute a lot to their sales revenues, and give higher profit margins from their apparel products. Bright future for Prolexus...

Skliew,
Thanks for your informative reply, you are right that the original planned capacity of the Vietnam new factory was 15M pc/yr, so the initial startup at 30% utilization rates means 4.5M pc/yr, that's what the RI abridged prospectus had stated...

Then later they changed the building plan with larger factory space to cater for 26M pcs instead of 15M pcs capacity, which is the reason why the construction was delayed because the revised building plan need to be resubmitted for approval. But I believe even with bigger factory, they won't fully install all the machines at one go, otherwise it would face the big problem of ridiculously underutilized rates not justifiable as you said...

The biggest bottleneck of the expansion plan is the building construction, once the building is ready, installation of additional machines should be relatively fast and easy, so the company will be able to meet the increasing demands quickly...

I think the Vietnam factory initial production capacity still is 4.5M pc/yr according to their original plan. But the new factory space can accommodate up to 26M pc/yr, and when demand increases, they will be able to quickly add more sewing machines, in stages, to meet the increasing new orders...

@ nikicheong,

Exactly that's what I said, few months ago probably due to certain events happened unexpectedly and the wrong timing of their FD maturity date that they had to forego their Shariah status instead of losing a few hundred thousands interests earned. The management's priority is to make more profits (mind you that the last Q3 net profit was merely Rm1.59M, the few hundred thousand interests meant a lot to the Q3 results)...

Now that they are in a more comfortable position, they could just rearrange their financial resources and reschedule their FD periods to coincide with the next Shariah Compliance tests, it should be easy for them...

Skliew, I think pharker has good intentions...

On further thoughts, I think his source could be right, because in the first place why did Prolexus lost it's Shariah Compliance status if it was so easy to avoid it? The FD maturity date could be one of the causes, if prematurely withdraw the FD they would lose the interests earned, maybe as much as 6-digits figure, then the mgmt would have to explain to their BOD and shareholders...

Company keep buying back shares at 0.94-0.95 level, the price remain stagnant and consolidate with thin trading volumes for over 1.5 months... If the price cross above SMA-50 @ 0.965 with high volumes, then the uptrend should begin...

Today closed at rm1.16, breached the SMA-50 price (rm1.15), good sign...

@ pharker, thanks for sharing this info...

According to your source, the company will do the necessary to fulfill the Syariah Compliance status, somewhere in Q1 of FY2018 (1.Aug. to 31.Oct.2017), this actually coincide with the target date to regain its Syariah Compliance Status sometime in Mid-Nov.17...!

So we are actually on the same "frequency"... :-)

I have doubts too, the company need to spend tens of millions on the ongoing expansions and construction works, why would they put the extra cash money into long-term FD, and then take loans to finance their factory construction works, recruitment and training of personnel, sales and marketing activities, etc., the loan interest rates are generally higher than the FD interests...

""Name of registered holder :-
Citigroup - EPF Board (F. TEMISLAMIC) IC""

So, besides Amundi, CitiGroup is also acting as EPF's Islamic / Shariah fund agency...

@ chanchinchong, nothing is sure in stock investments, the company results may vary from Q to Q, up and down, up and up, or down and up, etc., no body can tell exactly, not even super investors like W. Buffet...

That's why they always advise to go for Long-term investment, because in the long run, a good fundamental stock should outperform average or bad stocks, to give better returns...