True Gems

Brother roger3210, after sell Danco then where should we put our money? any good counter you recommend?

@silentWolf, what good news you heard, share share here.

When I was young, I have come across the Robert Kiyosaki book "Rich Dad Poor Dad", and I remember this is one part whereby he mentioned that in US, there is capital gain tax if you made a gain from share market. To avoid paying this tax, what you need to do is to continue invest (Sell A buy B), so the government cannot tax you.

I can't remember the above statement is correct or not, but I think it may related to what HEXZA is doing currently.

Well, interesting, learn something new today, as I am not familiar with US stock regulation or US accounting treatment.

But anyhow, if anyone here who is more professional on this type of issue, please welcome to share your opinion here.

Is it because when they sold the NVDIA share, they immediately bought into SYMBOTIC.
So they treat it something like switch counter, so no gain of disposal was take into account.

Question: The first batch of Nvdia share (18,000 units) was disposed on 29 Sep 2023, and there is a gain of RM29.mil.

Why the realized gain was not take into account for Q3'24 (30 Sep 2023)

Gain from SYMBOTIC = 300,000 x USD13 (average paper gain) x RM4.70 = RM18mil paper gain,

RM18mil / 200 mil share = 9 sen increase in NTA

If we compare the 3 small size glove counter :-

1) Careplus - Before covid (FY2018 / 2019) , the revenue is at least RM80-90mil per quarter. Now, it drip to RM13mil per quarter, it seem like they are really out from this glove market d.

2) Comfort - Before Covid (FY18/19), their revenue is around RM100mil++ per quarter, now left RM70-80mil per quarter, 30% drop, still acceptable, as ASP has drop lower than before covid.

3) Hexcare - Before Covid revenue was RM50-60mil per quarter, now left Rm40mil, still acceptable.

So, very clearly, Careplus will soon disappear from Glove Industry, hope they can survive in EV industry, but I have doubt on it, as that market need even more capital to burn.

Slowly and quietly, HEXCARE has climbed up from 20 sen to 26 sen (30% gain).
hehehe.

ho ho ho...... roger3210 TP RM0.25 is coming !

I hope PAT can be exceeded RM6mil

I hope PAT can be exceeded RM5mil

Seriously, I see recovery from Comfort Glove result.
Not sure who has the same opinion with me.

Their hotel occupancy rate is superb high.
The design was so beautiful and it has become one of the top choice for traveler.

QoQ, YoY both showing improvement, very good sign.
Cash in hand (including short term investment) > RM140mil, equivalent to 74% of its market cap.
Debt / Borrowing very very low.
All the properties owned by the company are based in Penang, which is very valuable and very good demand.
This is super undervalue stock, NTA is Rm1.39, share price is 50% of NTA.

Lukesharewalker, UOB Bank has agreed to borrow YBS USD70mil as the initial capital commitment for this project, with ENOVIX act as a guarantor for this borrowing.

This already published in ENOVIX SEC filing, not I simply blow water one.

Many people still have doubt on YBS.
Like I mentioned before, the deal is on the table, the factory is ready for machine installation and production will be start by Mar/Apr 2024.
This is a 10 times multi bagger stock

Estimated profit will be exceeded RM10mil.

The current trend is :-

1) Glove demand is gradually increase, as a lot of stock pile has been reducing or expired.

2) China has stop all the expansion plan, although now they are running at full capacity. Because they are suffering from losses as well, the current low price strategy has help them to increase they market share, but cannot help them to generate profit even running at 100% utilisation. So they have to increase the price and the ASP gap between China and Malaysia is reducing.

3) After dismantle all the low productivity factory, Malaysian player now are better cost efficient. A lot of labour intentisve work have been replace by robotic. Old machine are replace by new machine, faster and energy saving.
All factory roof are installed with Solar, save electric bill and increase ESG scoring. Our player now can achieve profit even running at 40% plant utilisation. Just imagine when volume increase to 60%, sure the profit will be increase substantially.

Cash in Bank will be 2 times of its market cap

This is a hidden gem.

Will Supermax turn into profit as well?

Since Harta & Kossan has start making profit, I believe Comfort & Hexcare should have significant improvements on its result as well.

Since Harta & Kossan has start making profit, I believe Comfort & Hexcare should have significant improvements on its result as well.

Roger must be come from competitor of JusEV.. haha.
He is wondering how come JusEV business so good, full order book, while his RogerEV business got no enquiry at all?

@dompeilee, good one, I also stuck for long time.
From 45sen all the way to 29sen, now sekaligus gain back few years of FD Rate.

Actually all Plantation counter are undervalued by minimum 50%.

Example: JTIASA should be RM1.50, THPlant should be RM1.00, KMLOONG should be RM3.00, SUBUR should be RM2.00, SOP should be RM4.00....etc.

Even small plantation counter like RSAWIT, TDM all should be at least RM0.30-RM0.40.

Roger, you must understand what is called "venture into new business".
Danco invest in JUSEV is a venture into new business.
New business is something need time to growth, the early stage contribution maybe small, but it will growth multiple times in future.

Petronas venture into Solar business / Sustainable energy, how can you compare the solar business vs its petroleum business .

ACO invest in EV Connection only RM1mil, at that time EV Connection just a small shop with few worker.
YINSON also venture into EV Charger business, the contribution also less than 0.1% compare to its O&G business, but why YINSON still continue venture into it, because they know this is future trend and the market is very huge.

roger, you donno how many listed company and condominium has appointed JUSEV to install EV Charger at their premises and car park. Each technician 1 day maximum can install 1-2 location only, their order book has been full until next year. Next month onward Tesla will start deliver its car, at that moment, business will be even booming, my fren has book a Tesla and he also has contacted JUSEV to install the wallbox at his bungalow.

PWF is really one of the best poultry / egg counter that you should include in your portfolio.

Palm Oil Windfall Levy will be remove once the Palm Oil Subsidy has slow phase out.

Once production start, YBS will be the multi bagger stock in 2024.
Current market cap is only RM167mil, I think give it 2 years time, it will become RM1,670mil (10 times)

Everybody has forgot Hexcare (Rubberex).
Will Hexcare turn into profit like Harta?

Both Intco and Bluesail (China biggest glove producer) has reach 100% capacity.
They have start raising the ASP, some buyer has move their order to Malaysia.

Revenue for the current quarter increased by RM 12 million or 2.7% as compared to the preceding
quarter (Q1FY24) mainly due to the improvement in sales volume of 8%.

Included in the loss before tax in the preceding quarter was an amount of RM 47 million in respect
of the provision of severance pay. Aside from this, the Group’s performance has improved as
compared to the preceding quarter mainly attributable to lower raw material costs and operating
costs, as well as cost savings deriving from the operational rationalisation exercise as further
elaborated in note B3.

Hehe... top secret.

Yup, the picture is getting more n more clearer.
Once it is 100% clear, price is already at RM1.80++

From fundamental perspective, 50sen is already at the high side valuation.
Anything above 50sen is no longer fundamental support, it is purely goreng sahaja.

Please take note M&E business is a very competitive business, profit margin very thin.
You can secure many project, but you must management it carefully, coz the margin is very thin (5-8%), any mistake or project delay will eat up your profit.
Fair value should be 35sen-40sen.
Below 30 sen is a good grab.

waiting for announcement

Yup, Realrich is still too young, hard to explain to him, his knowledge or understanding is fresh from text book.
He keep on stuck on this two question :-
1) When company issue new share, who is going to pay the RM0.60. He keep on saying Ekovest & IWCity has no cash, how to buy new share at RM0.60.

2) After new share issue, company value will be dilute, the share price will be lower. He even using Ex-dividend share price drop as an example to proof this. OMG.

Hope someone here can guide him understand this two question, if not he will forever stuck there.

Why Malaysia Player cannot fight with Foreign Player?
1) Our machine & Technology are old?
2) Our manpower cost is higher?
3) Our Natural gas is more expensive then their coal?
4) Our government not support, while other country government is supporting their glove player?

Answer:
1) Yes, but we have slowly closed down those old factory, so we are slowly improve.
2) Yes, because US and Europe say we force labour, force us to give high salary good benefit to worker. China no force labour, Thailand no force labour?
3) Yes, natural gas is more friendly to environment. US & Europe buyer request us to meet the ESG, and they are buying from China which is no ESG compliance. What the F***.
4) Yes, our government has do nothing to help glove player. In their mindset, Glove player is still earning billion of dollar every year, no need to help. Actually glove player no need money help from government, glove player just need government to back up them with better policy.

It depends on how you value the company.
If you think Ekovest is a lousy company, IWH & IWCity is a lousy asset, then off course you think the proposal is a bad news.
If from the other side, if you think Ekovest is a good company, IWH & IWCity is a very valuable asset, then you will like the deal, because once both of them consolidate, Ekovest will become one of the top player (i.e. Like IJM, GAMUDA), and RM0.60 is really very cheap.

So, to all the Ekovest investor to believe the share price will go above RM0.60, just hold and ignore the noise.
For all Ekovest hater who don't wish to see Ekovest share price go up, please continue to make noise and attack whatever you want.

To earn money from stock market is not easy.
New share offer price is RM0.60, current price is RM0.475.
Theoretically, market price should go up to RM0.60, so at least it is on par with the new issue price.
However, to earn this RM0.125, it is not easy, as there are many noise you to to filter :-
1) Someone will tell you RM0.60 is over-value.
2) Someone will tell you the deal will be cancel / rejected by bursa.
3) Someone tell you it will take 1-2 years to complete
4) Someone tell you the company is lousy, high debt, high risk,, so not advise to hold.

So, if one day in future the price really reach RM0.60, then you should congratulate to yourself, you have overcome all the obstacle, survive from all the attack.
Some people always look down at investor who make money at stock market, they feel that this is fast money easy money, no hardworking have been put in. But for me, to make money from stock market is really not an easy job, I always respect anyone who make money as I know he must be overcome many obstacle before he can reach to victory.

This counter is being cornered d, floating share is very minimal.
Once the news is confirmed, then immediately will shoot above RM1.

As per my own calculation, RM750mil is the entire company market cap.
RM750mil / 600mil share, approximately RM1.25.

As I mentioned earlier, this is real deal.

Many people still cannot see the picture

Perhaps you are too young in the market.