Other income of RM3.24 million in 9M2020 came largely from the fair value adjustment on loan to an associate, HXOF, amounting to RM2.98 million.

The 9M2020 results saw an unrealised foreign exchange gain of RM2.76 million, attributed largely to
inter-company balances' exchange rate fluctuations which was a non-cash item.

Please look at the details of the profit. It was not from the prawn business~

所以面子书群组那位sam所说的与政府的关系不好也只是他个人猜测而已，并不是真的~

看来大家都忽略了之前的这个旧新闻了，发5亿债卷的目的可能也在此~https://www.chinapress.com.my/20181002/%E3%80%90%E4%BB%8A%E6%97%A5%E9%9C%B9%E9%9B%B3%E5%A4%B4%E6%9D%A1%E3%80%91%E5%BB%BA13%E5%B1%82%E5%B7%B4%E5%A3%AB%E7%AB%99-%E9%9B%86%E5%90%88%E5%95%86%E5%9C%BA%E9%85%92%E5%BA%97-%E6%80%A1%E4%BF%9D/

Don't only see the dark side. See also the bright side~

The re-population of layers at the Sabah farm in Tamparuli has been completed at the end of the 2nd quarter and it is expected that the production of table eggs will be normalised in the 3rd quarter of this financial year ending 31 March 2020.

The challenges faced on the commissioning of the new liquid egg plant in Johor have been overcome and the plant is now ready to commence commercial production soon.

For the 49% joint venture company with NH Foods Ltd., Japan, the company's plan is proceeding smoothly as planned and is now gearing towards commercial production.

https://ibb.co/jPhSpv also, will careplus start another round of goreng? Wait and see~

https://ibb.co/hfo8Uv break out resistance 0.945 on 1st August. resistance has become support. Today retest support 0.945 and reach 5MA. May be will have another round of goreng in near term~

Kitkat88 may be it will form a "cup and handle" pattern when reaching 0.665 just like CHUAN,who know? :D

The power of "Rounded Bottom" may refer to CHUAN https://ibb.co/gM7s55. Happy trading and cheers~~

Rounded Bottom Pattern https://ibb.co/jKHgyQ

Referring my yesterday posting. The volume will be >1M each time DNEX move up. There is only >0.4M in today morning trade. Thus, the stock still got potential to move up further. https://ibb.co/hSXP0v

The stock is holding well above 10MA. It's now waiting for volume to come in. The stock may go up further once the volume is coming. "Rounded Bottom" formation is confirmed if a bullish candlestick formed in near term. Cut loss if the stock drop bellow 10MA.

https://ibb.co/hSXP0v

Chen said Ni Hsin is also aiming to penetrate the US and Russian markets this year through its Italy-based unit, Steel Crafts Europa SRL.

“Our Italy-based subsidiary will participate in US trade fairs sometime in mid-2017. We are also targeting to market our convex mirrors in Russia through this entity,” he said.

“We expect China to contribute at least 50% of our total export sales in three years’ time. Currently, Japan is our largest export market at about 35%. Taiwan, Europe and Singapore are also our major export markets,”

yuan and yen climbs to 2017 high as US dollar softens after Trump says the US Dollar is too strong. strong yuan and yen is an added advantage to Nishin as most of its revenue is from China and Japan.

first year MOQ= RM7M
second year MOQ= RM15M
third year MOQ= RM31M

revenue from china will be double up every year.

The tie-up comes on the back of Ni Hsin’s recent announcement of its plans to expand its revenue stream and overseas market by entering China.

As stated in the agreement, Mingkeda is required to fulfil a minimum order quantity (MOQ) of RM6 million worth of cookware in the first year of the agreement, RM13 million in the second and RM26 million in the third, while the MOQ for the fourth year is to be mutually agreed.

The Chinese company also has an MOQ of RM1 million worth of convex mirrors in the first year of the agreement, RM2 million in the second, RM5 million in the third and a mutually agreed amount in the fourth year.

this company got RM170 million short and long term loan in total. RM50 million is like throwing a stone into water in term of settling the loan. in this case, is it reasonable that the company will pay out lush special dividend?