This counter is benefited from the export stock theme play this year. The company may deliver higher earnings on the back of depreciation MYR.

Price shot up was partly due to The Edge started a mini promotion today.

It's much easier to deliver better profit in the first 2 quarters.

It has attracted a strong buying interest. May consider buying up.

YOCB's top and bottom line have been growing relatively stable over the past few years. PBT was stagnant for both year 2014 to 2013. PBT stopped trending downward until last quarter on the back of higher turnover. It looks YOCB would deliver a better financial results due to forex gain in coming QR.


PER: 9.2x
DY: 3.7%
Borrowing: Net cash 17 cents/share

Turnover
31 Mar 15 - 52.9m ( + 12% )
31 Dec 14 - 50.2m ( - 1% )
30 Sep 14 - 43.9m ( - 6% )
30 Jun 14 - 53.5m ( + 32% )
31 Mar 14 - 47.2m ( + 3% )
31 Dec 13 - 50.7m

Profit (EPS)
31 Mar 15 - 4.23 cents ( + 15% )
31 Dec 14 - 4.12 cents ( - 5% )
30 Sep 14 - 2.07 cents ( - 37% )
30 Jun 14 - 1.24 cents ( - 49% )
31 Mar 14 - 3.68 cents
31 Dec 13 - 4.34 cents

Turnover
2015 - 147m ( 9 mths )
2014 - 198m
2013 - 179m
2012 - 154m
2011 - 141m
2010 - 128m

Profit Before Tax (PBT)
2015 - 22.6m ( 9 mths )
2014 - 20m
2013 - 20.5m
2012 - 17.3m
2011 - 18.3m
2010 - 15.5m

Let's see how OLH cool down the wc through manipulating mother share.

It all depend on coming QR. If it can deliver EPS 3 cents, then we can goyang kaki in Bora Bora island.

I have top-up my bet. Last time, I wanted to earn coffee money. Now, I want earn a bowl of noodle.

Low volume and sellers are getting lesser. Big players sapu many shares in the past few days. Time for them to goreng.

By the time many people notice it, we are laughing all the way to the bank. wakaka

No harm to place a small bet on this counter and hope for turnaround in coming QR.

Not bad. I got a minor exposure in this counter to earn coffee money.

In average, turnover and profit have been moving upwards over the past few years. It did face a minor setback due to stagnant in revenue and erosion of profit for year 2011 & 2012. However, top and bottom line resumed growth from 2013. The growth may continue in tandem with demand of nitrile gloves.

Turnover
2014 - 603m ( +15% )
2013 - 525m ( +6% )
2012 - 497m
2011 - 499m ( +25% )
2010 - 400m ( +31% )
2009 - 305m

PBT
2014 - 29.6m ( +13% )
2013 - 26.2m ( +20% )
2012 - 21.9m ( -4% )
2011 - 22.7m ( -19% )
2010 - 28.0m ( +9% )
2009 - 25.8m

It would break 1.75 soon. TA followers are joining the crowd to make quick bucks.

Share price shot up. Go Go Go

You are an old bird. You know what to do base on your past years of practical experience. Don't make a comparison là.

The problem is how to find and stick to WB kind of stocks in long term. Not many newbies are able to control their greed and egoism once joining the stock market.

It's the excellent product of good education after many years. We love it.

Well. We need more people who think differently and believe in making easy money. That's the fun part for punting and trading.

The experience punters want more water fish to keep feeding them. Every year, there are many newbies joining the crowd.

Eventually, there's a price for chasing quick bucks to those without doing proper homework to support punting or investing.

Ironically, people would take the kind advice as a crap. They want to prove themselves they are different and stand out earning easy money without a need to go through the hard work. They normally don't think about the price paying for acquiring experience. What they focus is to make fast buck. That's why many water fish in the market.

Ckwan11d. No reversal or write back. In general, Esos for office staffs is charged to Income Statement as expense whereas production staffs and workers is treated as part of inventory costs. The company treats Esos as part of the employees remuneration by taking the difference between market price (at the time of exercise) and exercise price.

Services received under an ESOS are recognized as expenses unless they qualify for recognition as assets under another accounting standards. For example, where all employees of an entity are entitled to share options of the entity under ESOS, the services received from the administrative staff would be recognized as employee expenses under Income Statement while the services of staff at the production line would be capitalized into the cost of inventories.

Luxchem's valuation seems attractive after adjusting one off ESOS expenses for previous quarter. It seems turnover and profit remain on the rack to grow further.


PER: 9x
DY: 4.5%
Borrowing: NIL ( net cash 10 cents/share)

Turnover
30 Jun 15 - 161m ( +5% )
31 Mar 15 - 173m ( + 21% )
31 Dec 14 - 147m ( +14% )
30 Sep 14 - 159m ( + 30% )
30 Jun 14 - 153m ( +15% )
31 Mar 14 - 143m ( +1% )
31 Dec 13 - 129m

Profit (EPS)
30 Jun 15 - 3.61 cents ( + 97% )
31 Mar 15 - 3.76 cents ( + 97% ) - After adding back one off ESOS expenses 8.48m
31 Dec 14 - 2.46 cents ( + 7% )
30 Sep 14 - 2.30 cents ( +39% )
30 Jun 14 - 1.83 cents
31 Mar 14 - 1.91 cents
31 Dec 13 - 2.30 cents

I am waiting at 1.74.

Uptrend resumed. Imaspro may announce better financial results next month.

OLH has given few options for the minorities. Cash out or conversion into OSK share or cash out plus buy OSK in the market at cheaper price. it's too simple for him to fetch shareholding above 75%. To be nasty, OLH may delist OSKP according to Bursa rules.

Wait until next week to see how OLH would play the game.

Let it drop more after breaking the resistance. It is certainly that Jtiasa would announce another lacklustre results next month.

OLH take an opportunity to slaught minorities who is greed for freebies and dividend especially those who played with margin account. He would liquidate part of the shares to collect cheaper warrant and share next week.

Congrats only to those would buy below 1.70. OLH will show no mercy next week.

OLH is on track pushing it down below 1.75. Preparing to collect at cheaper price later.

Few good factors to sustain the momentum of the share price ie, TA, cash rich, potential of delivering better qtr results in coming announcement.

Icon8888. you goreng this morning?

Finally, it started to strike back. Not bad in such a short time. Go Go Go

It looks share price consolidation will be over soon. I don't buy much too but I want to bet its coming QR results .Let's see how the big players control the price.

Extracted :

The face and spirit of Imaspro has consistently been that of its managing director and founder, Tong Chin Hen.

Some people view Imaspro as a one-man show as Tong has more or less been solely responsible for the growth of Imaspro to becoming a leading exporting pesticide player in Malaysia.

Tong is known to fly across the globe every other week selling fertilisers and closing deals. Imaspro exports to 30 countries.

Tong has been solely responsible for the growth of Imaspro into a leading exporter of pesticide in Malaysia.
Tong has been solely responsible for the growth of Imaspro into a leading exporter of pesticide in Malaysia.

He has single-handedly led Imaspro to break new markets and increase its overseas presence despite growing protectionism in this segment. “He is very savvy and can talk to anybody. His networking in the international agrochemical business is very strong,” said the fund manager.

Tong is also the biggest shareholder of the company, and holds 40% in the company via his vehicle Swiss Revenue Sdn Bhd.

Business-wise, Imaspro is principally involved in the manufacture of pesticides and plant micronutrients, and the distribution, agency and trading of pesticides and other agrochemicals.

It has a further edge in the form of 277 product registrations in the domestic and overseas markets.

It is this 277 product registrations that has enabled Imaspro to secure new markets, particularly in the eastern European countries.

It also has a 43-acre research centre in Jasin, Malacca.

Information extracted from The Star " Executives close to Dr Yu said he was keen on Imaspro because it had cash backing per share of about 64 sen each and a stable business in supplying fertilisers and pesticides.

“Imaspro is the only Malaysia company whose Glyphosate product is of proven equivalent in the EU countries. This enables Imaspro to export to Europe. As a medical doctor, Dr Yu would appreciate the proven equivalent factor,” said the fund manager."

I don't know how long the machine can be for this industry. Is could be mixers are very simple and cheap machine. They are highly relying on its own formulation by having an inhouse R&D.

I' don't know why Imaspro can fetch such a high margin. Any input?

Jeremiah, the company does not publish any information of its business segment other than breaking down by countries. The growth could be come from overseas market but bear in mind the export sales is volatile. Will it growth further in next Qtr? I don't know. That's the risk I have to take for entering at price 1.48.

Jeremiah, According to the recent QR, export sales (up 270% from average of RM3.9 mil per quarter to RM14.5 mil in latest quarter).

Ckwan11d, you are right. Ancom is the competitor to Imaspro in this business. But Ancom is unable to deliver higher margin. Agricultural chemicals business is competitive. However, Imaspro has been consistently delivered net margin more than 10%. I believe Imaspro has established a strong foothold in this business.

So far Stockraider has been doing well in recommending growth stocks. Yspsah jumped by 55% in less than 2 months. Superlon increased by 23% within one month. I believe that Ahealth would follow suit in near future.

This is a very illiquid stock. Big players can push up the price easily. Good to know that Stockraider has included Ahealth in his portfolio. He put this counter in the growth stock category.

Who's Imaspro competitors in the market?

Icon8888, when I want to look for information of a company, I would search company name in this blog. I don't have to read one by one.

Already read your article to understand the business. I told you before your research blog is my small library. It was too high to join crowd while the hare price riding high in the past few months.

Imaspro financial facts:

PER: 12x
DY: 2.35%
NTA: 1.46
Borrowing: NIL ( net cash 50 cents/share)

Turnover
31 Mar 15 - 38.1m ( + 17% )
31 Dec 14 - 25.4m ( - 9% )
30 Sep 14 - 18.8m ( - 13% )
30 Jun 14 - 26.2m ( - 3% )
31 Mar 14 - 32.6m ( - 14% )
31 Dec 13 - 28.0m

Profit (EPS)
31 Mar 15 - 5.68 cents ( + 43% )
31 Dec 14 - 3.05 cents ( - 8% )
30 Sep 14 - 2.30 cents ( - 13% )
30 Jun 14 - 1.51 cents ( - 38% )
31 Mar 14 - 3.97 cents
31 Dec 13 - 3.30 cents