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2021-11-12 01:41 | Report Abuse
Time to accumulate more DANCO before it fly
2021-11-12 01:04 | Report Abuse
Very good QR, not affect by MCO.
Next quarter will be even better
2021-11-09 00:23 | Report Abuse
1st TP - RM0.90 (Achieved, and stay firm above it)
2nd TP - RM1.10 (Achieved, but drop back, will touch it again soon)
3rd TP - RM1.30 (Coming soon)
Sushi King business is very good (super good, need to wait for seat).
Chemical business also very good. (No more MCO, can run at 100% capacity)
LifeScience business also very good. (No more MCO)
Myammar fisheries business back to normal. (Political more stable compare to last quarter)
Property is at strategic location. (waiting for revaluation)
Property market value is much much higher than book value.
NTA RM2.00
124mil share only.
Market cap RM111mil.
Last time Chicken Rice Shop sold to Japanese buyer for RM200mil.
Don't you think Sushi King will worth at least RM300mil.
Hextar bought a lot of chemical company at high price.
If Hextar want to acquired Texchem Chemical business (Industry chemical + Life Science), I think minimum it will offer RM300mil.
So, TEXCHEM is worth RM300m + RM300m = RM600m.
RM600mil / 125mil unit of share = RM4.80 per share.
Give it a superb durian runtuh discount of 50%, still worth RM2.40 minimum.
2021-11-09 00:15 | Report Abuse
Hooray !!!
EPMB is the next Genetec.
2021-11-05 17:27 | Report Abuse
yup.. wait patiently.
Something brewing.
2021-11-02 23:52 | Report Abuse
24mil Private Placement will be listed.
If you are the PP buyer, your cost is RM0.55, would you dump and earn 30sen (60% realised profit), or would you hold and looking forward for 100%-200% unrealised profit.
2021-10-26 18:25 | Report Abuse
2nd TP - RM1.10 will achieve soon.
Sushi King business is very good.
Chemical business also very good.
LifeScience business also very good.
Myammar fisheries business back to normal.
Property is at strategic location.
Property market value is much much higher than book value.
NTA RM2.00
124mil share only.
Market cap RM111mil.
Last time Chicken Rice Shop sold to Japanese buyer for RM200mil.
Don't you think Sushi King will worth at least RM300mil.
2021-10-20 14:01 | Report Abuse
Today perhaps can touch RM0.76?
2021-10-18 00:25 | Report Abuse
More to come, please see my target price.
Stage by stage
2021-10-15 13:58 | Report Abuse
Interesting counter, worth to put into watchlist.
2021-10-13 13:59 | Report Abuse
Sushi King business is very good.
Chemical business also very good.
LifeScience business also very good.
Myammar fisheries business back to normal.
Property is at strategic location.
Property market value is much much higher than book value.
NTA RM2.00
124mil share only.
Market cap RM111mil.
Last time Chicken Rice Shop sold to Japanese buyer for RM200mil.
Don't you think Sushi King will worth at least RM300mil.
You judge yourself.
2021-10-13 10:41 | Report Abuse
My average cost below 70sen, I hold very long term 1, I can hold 3-5 years 1.
2021-10-13 00:49 | Report Abuse
Engine start.
1st TP - RM0.90
2nd TP - RM1.10
3rd TP - RM1.30
2021-09-27 18:29 | Report Abuse
How can loss RM24bil? Izzit Air Asia transfer all its expenses / debt into AAX in order to save AirAsia?
2021-09-21 16:22 | Report Abuse
I remember last week watch FB saw a old man (Master XXXX Feng Shui) promote this counter kaw kaw. That time is around 12sen.
2021-09-19 13:48 | Report Abuse
Genetec is not a right candidate to compare, as Genetec is corner by small volume of investor.
I think D&O is better candidate, as this counter has many die hard retail supporter that believe in technology sector.
2021-09-11 16:36 | Report Abuse
Last year during pandemic, I have join some of my business partner who active in Glove Trading.
During the many times involvement with them, it surprise me that most of the glove that actively in trader market are from Hartalega, WRP and Topglove. You never see Supermax Glove or Kossan Glove is available for sales. And one thing even more surprise me is there is a Glove Brand named Cranberry, this love factory is located somewhere around Perak or Kedah, and their glove is very high demand, many buyer from overseas is looking for this brand Cranberry.
I am wondering who are the owner of Cranberry, why our TOP 4 never consider to takeover this company?
2021-09-11 16:30 | Report Abuse
One of the reason why Rubberex can have higher ASP is because most of its production is under OBM, instead of OEM.
Rubberex has its own distributor in Spain, and that is their access to Europe market. In Malaysia, so far I think only Supermax and Ruberrex has their own distributor in Europe.
Beside medical glove, Ruberrex is also famous for its industry glove, many retailer or hardware shop who selling those thick industrial glove are actually Rubberex brand.
2021-09-08 18:31 | Report Abuse
OMG, why Avarga cabut...
Since Avarga has cabut, should I cabut also....
Million dollar question.
2021-09-08 00:48 | Report Abuse
After attend Hartalega AGM, I think Mah Sing boss cannot sleep well tonight.
If ASP really drop to USD30-35, can Mah Sing Healthcare still survive?
2021-09-07 14:06 | Report Abuse
Welcome Keyman188 onboard.
Danco could be the next KAB, KGB, Boilermech, Unimech!!!
2021-09-06 22:35 | Report Abuse
As a shareholder of Danco, I feel very happy to see the company growth so stable even during this Pandemic period.
I've been accumulating Danco share for the past 1 years, and I am still accumulating it.
有成长,不要卖。
成长长,长持有。
2021-09-05 13:47 | Report Abuse
Sorry guys, may I know where is Leno? Long time didn't saw his comment.
Still on the ship, or abandons ship d?
2021-09-04 15:11 | Report Abuse
May God bless everyone in this forum that share correct information.
And for those who purposely share incorrect information, with the intention to push down the price, to laugh at people that loss money, hope God will forgive him and give him a chance to change.
2021-09-01 14:26 | Report Abuse
Rumour said PAT RM70mil
2021-08-31 19:04 | Report Abuse
Glove stock PE are low, and Tech stock PE are high.
Analyst like Tech stock, because they are looking forward for future earning uptrend.
Analyst don't like Glove stock, because they are looking forward for future earning downtrend.
If let said Topglove take over one of the Tech company (i.e. D&O, UWC, Greatech), what would analyst said? Still give low target price, or adjust to high target price?
2021-08-31 19:00 | Report Abuse
So far under the hand of Dato Eddie Ong, Rubberex is the one that most profitable, the profit generated by Rubberex is easily 5 times above his main company Hextar.
With the recent private placement of 80 mil share, I believe there must be something brewing. Who bought these share?
2021-08-31 18:55 | Report Abuse
I bought Rubberex because I choose to trust Dato Eddie Ong.
If you look into Malaysia listed company, there is no much of listed company boss that very good in capital market.
In Malay market, previously we have player like Syed Mohktar, Dato Johari, Dato Karim. Especially Dato Karim, he is so good in M&A and he manage to takeover and turnaround few listed company within short period. But unfortunately, now his company is being audited (so I can't comment much while pending the EY report).
In Indian Market, we have Tony Fernanda, Ananda Krishnan, Brahmal Vasudevan, they are very good in capital market.
In Chinese market, Dato Eddie Ong, Kenneth Vun, Yee Wei Meng, these are young and knowledgeable capital market player. They are very good in fund raising, takeover company and turnaround the company.
2021-08-31 17:23 | Report Abuse
Hi Author, II suggest you maybe can study STRAITS first.
What Fast doing now is exactly STRAITS doing in past 2 years.
STRAITS quarterly revenue has been increase from 30-40mil to 290mil gradually since 2 years ago it start venturing into Marine Bunker fuel business.
However, the profit is still very very low. I am not sure what is the problem, as I don't have other listed company to compare. But from what I understand, the gross margin for this kind of business is very very low (around 3-4%), and that is Gross profit margin, you haven't minus of your operation cost. As FAST is start venturing to this business now, I foresee FAST may facing the same problem that STRAITS is facing currently.
Which mean, you may need to wait until 2023-2024 in order to see FAST start generating revenue around RM300mil and profit around RM4-5mil.
By that time, STRAITS maybe already become the leader in that field, with Revenue RM700-800mil and profit RM10-15mil
2021-08-30 22:03 | Report Abuse
XX 割韭菜。
Not sure where is the support price.
Wait n see first.
2021-08-27 18:07 | Report Abuse
Based on market cap of RM723mil, minus cash on hand RM300mil, the business is now value at RM423mil only.
Assume Ruberrex can make another 90mil in the next two quarter, total PAT for the year will be around RM240mil.
2021-08-27 18:03 | Report Abuse
neutralist, just to correct your statement of "cash in now 240m after completion of PP".
FYI, PP was done in Aug'2021, while the QR is 30 June 2021.
So, the RM240mil cash reported in this QR haven't included the RM60mil PP.
So, as at 27th Aug 2021, Ruberrex should have at least RM300mil cash on hand (after included the PP).
2021-08-26 18:26 | Report Abuse
After look at Supermax result, I am very confidence on Rubberex.
2021-08-26 18:19 | Report Abuse
Fabulous result.. market expectation was RM700mil, and now is was much much higher
2021-08-13 00:07 | Report Abuse
JM Chong is super famous in Klang.
2021-08-12 13:34 | Report Abuse
Leno, have you ever worry that Dato Sri Thong Kok Kee will privatize Insas?
If let say the offer price is RM1.30, then is no much upside for INSAS-WC d, coz once it privatise, you cannot enjoy the warrant premium anymore.
Personally I think it is very high chances Dato Sri will privatise it, and this is the reason why INSAS share price remain below RM1.00 for so many years.
Please enlighten us with your opinion.
2021-08-07 00:18 | Report Abuse
Frankly speaking, this company only earn RM6mil per year.
Even based on 50% growth rate per annum, maximum it will grow :-
2021 - RM6mil
2022 - RM9mil
2023 - RM13.5mil
2024 - RM20.25mil
Its current market cap is RM939mil, based on 55.5sen.
I think it should drop until RM200mil (or 12sen), then only worth to invest.
For RM200 market cap, it is 33 times PE for 2021, 22 times PE for 2022, 15times PE for 2023, which is not cheap also.
2021-08-03 15:56 | Report Abuse
Really want to give a big slap to bursa malaysia.
Good counter like harta which posted a tremendous result share price still can go down.
NOTHING is IMPOSSIBLE in Bursa, this is really unhealthy market.
It is like you study very hard to get 11A in SPM, and suddenly the University Malaya rejected you, and they accept those student with 11 failed subject.
2021-07-28 11:46 | Report Abuse
In the stock market, no one can be 100% correct, and no one can be 100% wrong.
Everyone can has their own preference stock, some like tech stock, some like glove, some like industrial, some like plantation...etc. Everyone can have their own method of analysis, some like Fundamental, some like Technical chart, some like trending analysis, some like insider news.
OTB never attack KYY whether his buy/sell call is correct or not, but KYY keep attack OTB on his sell/buy call, this is not good.
If KYY you are good and accurate, people will see and they will automatic agreed with your point, If OTB is not good and not accurate, people will also see and they will not subscribe for his services anymore, you no need to come here post everyday.
2021-07-28 11:37 | Report Abuse
Because he loss a lot of money on steel counter.
He bought at high price, and he dispose it all below his purchase price.
Now he want to push down the steel counter price, so he can collect more again, once he collect enough, once MCO end, he will change his tune and said steel is the best sector in Year 2022.
2021-07-27 20:21 | Report Abuse
Result out, a bit disappointed, but expected as MCO 3.0 really affect Sushi King a lot.
Beside that, Q2 normally is the weakest quarter for Texchem (even before covid-19 pandemic),because of the 1 month Puasa did affect Sushi King a lot.
Fortunately, the Polymer and Industrial Chemical business is still doing well, this two segment minimum can generate RM20mil per annum. If based on recently M&A transaction in the chemical industry, the PE should be around 12 times. So this two segment worth at least RM240mil, while the company current market capital is RM100mil only.
2021-07-26 01:08 | Report Abuse
Tomorow watch out Spring... Something brewing
2021-07-23 16:41 | Report Abuse
Sapu Spring
Mobilia and Wegman move d, next is Spring
2021-07-23 14:10 | Report Abuse
Hi Xxxting... Yes, I am still holding Texchem, holding more n more.
My target very simple, now market cap is RM109mil.
Just the sush king franchise is worth RM100-200 mil minimum.
The industrial chemical business easily another RM100-150mil minimum.
Plus some other business, property, land, another RM50-100mil minimum
So, my minimum target is RM2.00.
2021-07-20 22:48 | Report Abuse
Tomorrow very dangerous.
Big player run already.
Left retailer play around.
2021-07-14 00:44 | Report Abuse
So sad to see my favourite Texchem drop everyday.
Hope the dark will end soon.
I like Texchem because it is really undervalue, and I like chemical industries as I believe they will be continue growth for coming few years. That is why LUXCHEM, HEXTAR, SAMCHEM all focus on expansion, merger & acquisition recently.
2021-07-14 00:41 | Report Abuse
Congratulation to all KYM holder.
So sad I have come down from the boat too early, I sold at 40sen.
But anyway, I sincerely wish everyone here Huat Huat Huat.
Stock: [ATAIMS]: ATA IMS BERHAD
2021-11-12 17:51 | Report Abuse
Wow, nuclear bomb.