Result already out la...what coming soon?

Earning used to pay dividend instead of reducing debt?

@angcl, why u copy my line? Even if it's not copyrighted, u gotta put me as citation...

Can somebody ban that mentally handicapped khatulistiwa? he is making excessive amount of noise.

blardy declare dividend already la...

If don't declare dividend even after high EPS. Who wants to invest?

I can't help myself from commenting...

Those idiot out there...there is no possible way that the result gonna be green y.o.y as Q2,16 was an outliers. 12x its nominal profits. What's important here is they finally rewards the investor with 0.5 Sen dividend and they are still in the green.

Expect 100% growth y.o.y and q.o.q is crazy. Ask yourself la. If you pay Rm10 for nasi lemak last year, do u find your paying RM20 this year? If there were 10million customers last year, do u see a sudden surge to 20million this year? Please realistic with ur expectation.

They are operating within reasonable growth direction and the averaged earning has increased with extra distributable cash for dividend.

What HDD what SSD?

They are producing precision part. That's mean they could land job to produce part for rocket engine or cruise missile.

Large bulk of their revenue are likely from manufacturing HDD enclosure. So, what's stopping them from making SSD enclosure?

Best time to privatise would be before 2 quarters ago before reporting 2 Quarters of big ass profit.

I think price is suppressed for other reason.

2007 mgnt and 2017 is still the same?

Dividend coming soon...can consider top up once those previous holder has flush out...

Looking 5sen to 7.5 sen dividend...can consider to top up i think...

Congrats congrats!

Why bother to collect cheap if it's a lousy counter?
Its will still low indefinitely. Might as well collect something else.

use logic and think la...to make money, syndicate himself have to buy low and sell high....

So, syndicate makes money when he is selling when the price is on the way up or sells when the price is on the way down?

If i'm a shark with insiders new, here's how I will run the monkey show...
Before a Good QR out, I create a panic sell to collect. When QR out...tadaaahhhhh! Market will panic buy at high. I sell sell sell...
Before a Bad QR out, I create a panic buy to sell. When QR out...tadaahhhh! It's none of my business as I have already sold all my holdings...

What would really concern you is when, gap down with no volume.

Only way to not get trap in this monkey show is take some course on security analysis, learn some basic account and do homework if you are buying at discount and what's the counter is gonna worth in next 4-12 quarters and follow each QR closely and make friend with ivy.

@autobots, Big shark sells also need buyer one right? Volume determined by buy and sell transaction. Maybe autobots shark can sell to thin air and get money out of it? Think about it for a second, don't you find your argument funny?

Such syndicates only works when retailers play exactly into their hands. He creates a selling pressure, and funny enough retailer try to beat his price by cutting BIGGER loss. Faster cut bigger loss @0.25. I will reload and top up.

Low price at big volume is better than low price NO VOLUME.
There are buying interest. Now, it's just a matter of optimist VS pessimist.

Scenario of company with "some" fundamentals. Big Volume.
Pessimist/Punters: Woah, ciaoz ar. Slaughter ar.
Optimist/investor: Woah, discount ar. Buy more ar.

On the other hand, really doomed company with no fundamental. No Volume.

Pessimist/Punters: Woah, ciaoz ar. Slaughter ar.
Optimist/investor: Nothing to be optimist about. No discount. Die la die la. *Shark also stuck. =D

Got people sell sure got people buy...
Why people here to sure that the one selling must know something bad and not think of maybe the person who is buying knows there is something great?

The price he sells is at pretty high market price. The person buying also hv quite a big appetite of risk.

I have seen them back fires...creates a selldown apparently after "poor" quarter...
I think it backfires as how fast the market support the price and went up higher.

Left hand passing right hand, market intercepted.
That's really a rare case of misplaced price and I think that operator kena brush.

Today, that operator laughing dy. Dunno how much more he collected. I believe today many made handsome return from intercepting at 0.285, yes?

Right hand throw left hand to collect more from Ikan Bilis.

right way of dumping will be one day sell small small lot spread out 8 hours and sell all the holding at high without market knowing.

I still believe in the industry they are in and how they run the business.
But what I did not do was to sell above 40cent and buy back. Sigh.

This is a scripted psychological move. Annualized PE is still low.

Frontken is not like MLAB, BKOON, ANZO. 4 rolling quarter lose money ande price shot up 300%. That's unfounded. Frontken has been making money for 4 rolling quarters with PE14.

Big bunch of monkey doing it's monkey show....

Pulling there "something is going on" crap.

I second that assessment...Downside risk is limited given it's free cash flow and debts. Rewards depends on recovery of oil price and good pay master.

As for Kraken, should be more reliable if compared to some African corporation.

Good! Go down go down...want buy more...

This company...good time a lot money...
Bad times less money...not much problem on litigation nor debt...

Agreed be trading at PE 10-12. On the high side 16. But Mr. Market haven't realise yet. Good time to buy in.

if it announce 3sen dividend...see fly or not...

I think investing in companies does not equate generation of free cash flow...

Buy upon breaking resistance and sell upon breaking support sound like buy high sell low...

IRB is good at chasing under declared tax I think. So, it won't be just LBAlum having this problem.

What kinda of investors are fidgety?

Tax shit will reappear next year about this time to con those who aren't familiar.

Cash rich but dunno what to do with the money is bad news

Follow moneykj, his mid-long term stock pick not bad. This is a long term counter.
Like super long term as it's trading at PE18. No point making pundit comment here and there.

Don't come and brag 3 sen up or complain 5 sen down. That's stupid thing to do la.
You only do that with ANZO, not PMetal.

I help them...I help them...
PMetal boleh dan tetap boleh...happy? =D

meistsk3134, that would be me.
PE varies from sectors and what market deemed safe. Logistics/Tech trades at very crazy high PE, investment industry trades at crazy low PE. Airasia is pretty darn low. PE 6 with EPS 53sen.
Near term catalyst for AirAsia is commonwealth games. It's gonna report another sick earnings next coming quarters. Why is it not trading at PE18? My take is, Mr. Market doubts if Airasia can maintains it's 18sen EPS per quarter.

Let say Counter A has 10 bros in similar business called Counter B-K. They all trade at PE 10. total EPS 10sen for 4 rolling quarters for every dollar or 100sen investment/Price. Suddenly Counter A trades at PE20. Any person in the right mind would ask, why people are willing to buy 2 times more expensive than EPS for any other counter. The reason could be "news" that earnings will improve. For PE to back down to PE10, Counter A with PE20 trading at RM2.00 with EPS 10sen from QR report will have to earn EPS 20sen the next quarter or coming quarters to come.

Now, how to get EPS 20sen. It could be Case 1: 3sen, 3sen, 3sen for 3 quarters in the past and then suddenly 11sen the next quarter. Or Case 2: next 4 quarters with 5sen, 5sen, 5sen, 5 sen.

Hence, PE is an inverse function of EPS. Case 1 is unlikely. Case 2 is probably the case for PMetal. Based on the good news, it's foreseeable that EPS will improve for PMetal in coming quarters, hence the relatively higher PE now. Let say case 2 happens to Counter A, EPS improves to EPS 20 and Mr. Market willing to trade at PE 12-14 a year later. That would be RM2.40-RM2.80, 20%-40% return from a price you bought at RM2.00 a year earlier at PE 20.

I agree with Hunger that it's a not sure thing. For a Pmetal to leap it's EPS from 4 sen to 8 sen,
most straight forward way into increase production from 760000 tonnes to 1520000 tonnes. That doesn't happen overnight. If it does, EPS 32sen a year later. You can do your calculation on your earnings yourself a year later at any PE you like. That's gonna be handsome return anyway.

In the end of the days, any investors...ANY with common sense would want to buy a companies earning at lowest price. That means crazy low PE and crazy high ROE and guaranteed future? Where to find? That's knowledge you may acquire if you spend your time reading 900 pages a day like Warren Buffet or Charlie Munger.

TL;DR: Ideal case is, crazy improvement on EPS at low PE. Or else, crazy high PE must have crazy improvement on EPS. Do your own judgement on the price on the earnings this company you are willing to pay for.

Monday T+0 all in...T+4 exit...Friday correction. Then repeat.

better question is if it's really a careless mistake.

Same here...I like that guy...
If he resign...I sell...

Secured 75mil...how much converts to EPS? Let's do the math together!

Hunger, I will own that up if someone did collect at 0.92.
LBAlum BOD f*cked me over. Else, really easy money. Ofcos angry la! My 10% profit in a week just went down the drain. Now, it has become tan gu gu game. =D

Was getting skeptical already when they delay the report till friday noon.
Gut feelings says something no right, good report won't delay so long. Unless you staging a selldown. I guess greed over ruled my rational. too bad.

Mr. Market very emotional. It takes 1-3 weeks for the market to digest a good result and good prospect. But it only take 5 minutes to jump in conclusion result is bad result. The mood is worse that any GF I had. What the hell?

Hunger, ZERO. That's what counter with low PE can offer me. =P
Hopefully, it doesn't drop below 0,8. Set sell call at 0.795. Sigh...blardy BOD, if they had choose to settle the tax next quarter.

PMetal last QR result was not great, that's why it quickly correct to PE18.

TF Peter, if price keep going up. Someone is buying at higher price. If the price goes higher, the one who sold lost opportunity to make more money. If the price comes down, the one who bought lose money. What do you think about scenario like this?

@PlsGiveBonus, this is not a win-win game. Someone's gain is another man's loss.
Just be cautious with feeding you with crap and pretend to be your friend. Including mine.

@xuewenapeng,
http://www.cnbc.com/2017/02/02/warren-buffett-simplifies-investing-with-a-baseball-analogy.html

For beginner like yourself, try read up abit about trading
http://www.investopedia.com/articles/basics/03/050803.asp

Since there are so many WB fans here, might as well learn from his mentor himself. I recommend book #1.

LPTan68, early stage turnaround or start up does hv very high PE. For a established stable commodity dependant business, e.g. aluminium, the PE shouldn't trade too far off average. If it does, In my opinion, (I'm sure i'm entitled to my opinion) I would probably think the market has already trading at future earnings with relatively higher PE.

Then, the remaining questions is, how much more money can the company make in future and if the price i'm buying now is at discount. PE is just one of the indicator if you are buying future earnings at discount. I'm sure u like discount right?

The way the NOOB me sees it, average return on safe investment is 5%. Trading at PE20 means For every 1 dollar/100sen you invest gives 5sen earning, and if dividend pays 5 sen per annum. You only break with any ordinary safe investment. So, any counter you choose has to be do better. About PE 7 - 15? Returns will be 15% ~ 7% respectively. That's what a good business will do for you in the long run. Let say average PE in the sector is 10, and the stock you are interested has a PE20, for the PE to come down to 10, the earnings has to be doubled, either immediately next quarter or gradually few quarters. If a company has the means to immediately level the PE 20 to PE 10 in one quarter; then the market will immediately trade future earning into current PE of PE30, 35 or 40? considering it's ability to make money. And if the earnings didn't improve drastically to reflect the current high PE, market will correct itself depending on the estimate amount of time needed. Rule of thumb, the longer it needs, the faster it falls. For case where PE is extremely low; likely, they have sold something. EPS spikes momentarily. And if whatever they sold causes them to stop making money. Stay far far away. They might have just killed the dying goose that laid the last golden egg.

That's my rule on quick glance on a counter. If want to strictly follow WB or Graham's method, you might hv to go yamcha or "drinking" session with the CEO, CTO, CFO, COO and also whoever they are banging man. Very tidious work. And when ya done; yes! By all means, keep indefinitely.

P.S. Before you guys whoop my noobie up and down the field; just see things in a positive light. I really took the trouble to write and share you guys my findings. Instead of punting "golden palace! golden palace! golden palace!". That's very deceitful for new comers to support the price or "Sell, sell, sell" to trigger panic selling. If your research is correct and it's trading at the price that gives return that you are happy with. Sell! If your research says it's worth more, keep! Spare animosity towards one another.

carilembu, you name says it all.

He did say he is not in love with his stocks. In away, he is tengah "carilembu". Just haven't found the right lembu yet.

Now, the million dollar, who want's to be jefflim1234 lembu and buy over from him 10 years down the road when it's RM50 dollar per share? Who is lembu enough?

P.S. He would hv made million dollar if ALCOM trades at RM50.

Did you get mad at me just because I bought PRADA from my winnings? And you chose to keep your paper gain *although shrinking?

There is something called buy later right? You ego/ignorance so big that you can't buy later after you sell or what? Why you keep coming at me?

Jefflim1234, you are not very good at making a rebuttal. Indeed "Knowledge makes a person humble n arrogance makes a person ignorant". But it has no relevance to our differences here. Keep quoting WB will serve you ill man. Because I admit my ignorance, I dare not make claim like "ALCOM the golden palace" unlike you. I have no ability project 10 years into the future. Perhaps, you failed to relate the statement suits you better.

“If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.”-WB. What he is trying to say is "know what the hell you are doing, or else, don't bother".
He is not trying to tell you to be patient. Common sense should tell you pure waiting won't bear you any fruits.

He is called Oracle of Omaha because he has the ability to see future of the stock he invested in. He knows what's he is doing. I'm not him. I think I can see maybe 1-2 quarters ahead. Haven't earn enough experience to see 10 years. That's why i'm a small timer humbly making small gain here and there. Can only afford PRADA for my GF.

Jefflim1234, you are big timer comparable to Oracle of Omaha?

I think it's better to come back with data on inventories, payables and receivables to project mid - long term revenue profile.

How balance sheet of 2015 correlated with 2017 performance and forecast FY18 performance based on FY17 balance sheet.

Jefflim1234, since you gonna hold for 10 years. What bothers you so bad that if it's drops to 50sen?
It's not year 9 and 1/4 now and you are left 3/4 of a year to prove you made a bad/good investment.

I was merely explaining why people would sell it for. Some sell for prada. some sell of lambo. Some sell because, it's PE24. E.g. For me, it's abit of Prada + PE24.

I hope you got a day job that pays for your food man. *wink

Go see the chart and try find out if it's triangle, square or round shape to know what happen tomorrow.
That's like my friend putting 30 years of Magnum 4D result into excel to predict what's next result.

Why nobody here spend abit of their time, go find C-Level yamcha. Ask question like Siapa masih hutang DNEX, brp hutang lapuk, berapa order book. Berapa projek masuk tender. Berapa yang sudah "settle" under table.

Pun pun pun. Segi tiga la. Segi empat la. Last last jadi bulat.

P.S. Hahahhaa....have a good laugh...

Syndicate goreng round 2! Maybe?

Cos got cash repayment incentive what. Press the down for mass collection.
Then, when ex-date confirmed. Slowly unload until Ex-Date.

There will always be people thinking..."different story if the price goes up after ex-date".

This is a game of buying from over-pessimistic (those cutting losses) and sell to over-optimistic (that believes it's a RM5 counter and still holding it).

Yipman hold 3 years? Wow!
When are u gonna sell? Why don't you sell?

Well, people lock in their profit. U can't buy shit with paper gain. If I sell, I buy few Pradas for my gf without hurting my own pocket. How about it? Good enough reason to sell?

Once the capital repayment was proposed, I'm pretty the market has already absorb the upside reward by trading at PE24. That's paying a price way into its future earnings.

The question now is, how far into the future you are willing to pay? That's like saying a 2000sq ft condo in bangsar will sell in 10mil in future, so it's cheap to buy at 5mil now. It does sound cheap if put this way. The question is when? My great great great grandson time?

On the hand, I have an agent come to me and say there is a buyer who wants to buy at 5 mil now, I will be more than happy to sell it right away and buy myself a Lambo first.

That's exactly what happening this counter. There are people that's convinced it will go up to RM3. There are people that wants lambo first.

In the end of the day, you decide if you want future RM10 or lambo now. So, what is it?

P/S: this is for entertainment sake. Ignore it as you please.

Everybody talk about good fundamentals. BUY BUY BUY.

Does anybody wants to talk about when to sell and realize profit?
I never see them anywhere. Except from books.

If sell at RM2.20 last friday and buy back today. That's 40c savings without losing the opportunity for 0.32sen cash repayment.

No need panic. No need panic. Go another round once ex-date confirmed.

Punters here trying to make 1sen profit.

Pun pun pun...pun 65sen, exit at 62sen...
After selling comeback talk cock hoping to collect at 59sen...

Then repeat...what a joke!

Issue is simple. There are more punters than investors.
So, whose to blame if investors took advantage of punters?

it's just gotta tan gu gu and turn it into long term investment. Long run should be OK.
Market agrees with that considering the buy queue.

On the other hand, it does mean the business is doing well. Can afford to pay full tax now.
For while, the profit margin look so damm good. Nvr know they pay less tax.