Hi @stockraider & @AngryBird, mind to share if you do estimate CSC 2021 Q2 EPS? My estimation is RM 0.10 per share. Is it the same as you? Thanks.

Operating profit for Q1 2021 alone is 30 mil which is two third of the profit in the whole year of 2020.

After reading the report more carefully, most of the CSC product are for local market. However, I am expecting next quarter EPS should be a lot better than the last quarter. It doesn't surprise if the EPS double q-o-q. Look at Choo Bee's latest quarter report.

Let me guess... EPS Q1 2021 would be around 8 sen per share

The increasing EPS should be a good enough evidence. EPS of coming quarter (Jan-Mar 2021) can only be better than the last announced quarter.

Hi Stockraider, it will be depending on the commercial agreement between the supplier and customer. In recent CSCStel report it did mention they benefit from the steel price hike because they could export at higher prices.

Malaysia motorbike TIV for Q1 2021 is about equally good as Q4 2020. I think HLIND will be doing equally well compares to the last announced quarter. Let's see the quarter report before end of this month.

The current trend and new normal is to work from home. Good coffee is almost basic life standard for high income people in the EU. How could they miss this in their home office? They need to buy one in order to enjoy good coffee at home as they no longer have the access to the one in their office building anymore for at least another year.

China is not likely to change the policy as they have words from their president Xi Jin Ping to curb capacity to reduce CO2 emission. U turn is not likely to happen in that country in a short term.

I think the sudden drop is more likely due to dented investors' mood when our government announced MCO 3.0 and there's a possibility to tighten the control. China is not barring their factories from exporting but imposing an export duty. Some of the economist in China believe this is a step to transfer the iron ore price hike pressure to the US as the US is the largest importer of steel. This will create inflation pressure to the US and increase the cost of Biden's plan to build infrastructure. This is because China does not have negotiation power on iron ore prices so the best thing China could do is to transfer that pressure to the US who has a greater political influence to Australia. Also China is trying to consolidate and merge the steel mills in China in order to gain a better price negotiation power for raw material. One of the strategic objective from this move is to increase the profit margin. Therefore, China is planning for a structural change in this industry. On the other hand, India being a steel exporter that owns 5% world market share back in 2019 is now suffering serious Covid pandemic which has a great impact to their steel factories. Many of the factory operation is negatively impacted as the oxygen needed for the furnace operation is diverted to support lives in hospitals. This will further creates the shortage of steel supply during this period and strengthen the commodity price. Expansion of steel mill capacity takes years so this loss of supply cannot be replenish quickly by mills in other countries except China. Unless China lifted the export duty, I don't expect steel price to be drastically softened in near future.

I dont think CSC is involved in mining. CSC is Taiwanese company. The share of mother company is quite bullish. Hot rolled steel is more used in manufacturing (example, car body). Q1 2021 Malaysia TIV double digit growth y o y so steel demand should be high but I'm not sure if CSC benefit from direct order from local car maker. Its GI plate is also can be used to make structures for warehouse racking system. Warehousing should be booming thanks to the rapid growth of online business and trade. Therefore local demand should be robust.

http://www.shfe.com.cn/en/products/Hotrolledcoils/

@Joseph2020, main product of CSCStel is hot rolled steel panel, not steel bar

Expecting very good quarter result to be announced soon

@Hui_k_c because some people need to cash out to spend on CNY.

When the EPS recovers to >20 sen per share in next quarterly report the share price will touch RM 9. Let's see what happen by end of this month.

Conservative way of calculating the net cash for HLIND: approx. RM 3.64 net cash per share.

In Nov, motorbike sales in Malaysia increases 3.5% by volume y-o-y whereas production increases 2.0% (all manufacturers included). If Dec sales could be as good as last year then HLIND EPS has a good chance to recover to RM 0.20 in Q2 FY2021.

In Oct, motorbike sales in Malaysia increases 14.5% by volume whereas production increases 17.6%. I think this strong demand will continue for coming months as people are trying to avoid public transport as the number of Covid 19 cases increases. A few months later when border re-open, there will be another spike of sales when suddenly many Malaysian worker in Singapore realize that their old bikes got lots of problem due to lack of maintenance in the past months.

@Lyo82 is shipping cost paid or quoted in RM or USD?

@Pinky, HLIND management didnt explain in details. But I dont think majority will buy online without seeing the physical samples be it tiles or bikes. Probably they will view physical samples then buy online to get cheaper price. So i dont think e commerce for these commodities will create more demand.

Note captured in AGM:
1. Going to launch new models in both Malaysia and Vietnam market and improve after-sale service to compete in the market.
2. Setting up e-commerce
3. There is a surge of demand for motorcycles from delivery services and switching from public transport to riding.
4. The purpose of the surge of investment in property, plant and equipment is for capacity expansion and development of new models.

If 309xx unit in Oct it is almost double of average monthly sales in 2020. Actually I'm expecting Q3 2020 result to be about the same but slightly lower than Q3 2019.

Hi Paul, how about sales registered in Aug and Sep, do you have any figure?

Hi Paul, do you mean sales of motorcycles or shares?

Where u got the news Paul?

How to join AGM this time?

I estimate it will be between 10 to 15 sen per share for Q3.

How is Yamaha motorcycle sales in Malaysia for Sep 2020? I'm expecting EPS 20 sen per share for Q3.

@JKing thanks for sharing

Hi KPH5328 thank you very much for sharing.

Anyone know what was the door gift for 2019 AGM?

I estimate EPS to be 9 sen per share in Q2

Low double digit means 15% or less

3,000,000 shares = 30,000 lot ( 1 lot = 100 shares )

Oh... i found it inside Annual Report 2019

@ EasyInvest123 Where did you get this information?

Has FPI granted approval to operate during MCO?

Hi everybody, do you know which bank offer the lowest interest rate for share margin? Which one do you use and what's the interest rate?

Who are the customers A and B?

Today drops a lot

Patrick, how much is the EPS you estimate for next quarter?

Is this Goi working in Liihen ?

Be careful people dumping before CNY if you are short term investor.

USD weakening significantly against MYR in the past one month.

One question to ask. In 2017 Airasia owns 204 A320neos. If each one costs USD 100 mil, then the property, plant, and equipment of the balance sheet should be close to 80 billion RM. How come it was only 12 billion RM?

Delay of the special dividend payout is a good thing because we can enjoy a higher currency translation rate when RM is further weakened in Q4.

RainT... don't forget another dividend in Dec

JN88 why you say the warrant is toilet paper?

Dividend coming