No on the dry ice, but more on SMIC and LCO2.

I bet vey big on KGB so I continue to average up.

Excited to see the upcoming QR. Added more KGB today.

It is in a very specialized and needed industry. I love it so much. Unfortunately the company is at the helm of notorious "buaya" family. If it is not this "buaya" family, I have had invested in this company years ago. Do you know other listed company doing the same type of biz ?

Will add more next week if there is an correction. Strongly believe Ifca will fly high with 2 strong supporting assumption.

Unlikely that the upcoming QR is bad. Impairment has been made in the previous qtr, thus it's very very unlikely that KGB makes impairment in consecutive 2 qtrs.
Orderbook piled to an all-time high at RM370m as at Nov20. (It is even higher with another new contract clinched in Jan 21). Plant utilization of liquid CO2 was at 60% as at Nov20.

Added more at 405 today. Average is still higher than 405, on paper loss.

lrb: thks for the info and updates.

Creative

RM3.2 for 1 bil mkt cap.
I am looking for RM3.50 @ PE 28 with 25% growth rate from the latest qtr.

I am waiting too for foreign fund to buy into Inari. The most representative of M'sia semicon player. Its senior leadership are all American trained such as by Intel, Motorola, HP etc.

The most difficult to forecast counter among all in my portfolio.

Warrant again ? I made big mistake to let go the previous free Warrant after a month of entitlement.

Only greedy can make big money. Gong Xi Fa Chai.

VS RM2.85. Baru makes sense. Patut even higher.

Wow, TP goes higher and higher. Info and research can't catch up the speed of the rise of the TP.

soonheng : thks for your contribution to VS forum. You are a positive person.

Good courage. I also see that KGB is the unnoticed indirect beneficiary of the booming chip industry. I would wait for correction to add more.

Can't agree more with you that "Very promising future。Buy and keep."
I am going to buy more too when there is a downward correction. I am not in hurry as I have a lot already.

lcm : ESOS=employee stock option scheme. Usually it is for higher level management. Used as a retention program. Example : Lim is a senior mgr in Inari, entitlement is 10K units in 2021 with issue price at RM3.10, exercisable in 5 years. In 2026 you can exercise your option at 3.10, meaning if Inari is higher than 3.10 in 2016, you earn the favorable different by selling/exercising your option. If Inari is <3.10, your option has no value.

Fe: would u mind to shred some light on your valuation on Krono ?
I invested into Krono since early 2019. At that time I bet big on data biz, net margin 8-11%, ROE ~ 10%, 5 years CAGR end Dec19 at 45%, continuous acquisition etc. Thus I put big money into it. Unfortunately I was totally disappointed by its significant impairment in Q120. My profession training told me that only lousy management mistake would cause significant impairment in biz likes Krono. Thing gets worsen with 4 consecutive negative growth with 1 q at lost. Margin was not good too although showing sign of recovering in the latest q3.

To hold a counter for long term, the first criteria is its management. It has to be trustworthy or at least show behavior of trustworthy. I have hold LPI for 12 years, Inari for 6 years, Johotin for 4 years and are still holding on.

My high confident on Krono has been dented by its lousy q1 and q2. Especially q1 where Krono has a very significant write off which I was not convinced at all and thus corelate it to incompetency or poor integrity of its directors. Until I build back confident on its management, I will keep it for short to medium term only and target for RM 1 instead of RM1.50 or RM1.80.

Fe has good investment philosophy. Nice to have you in Krono.

Reason is that Krono does not share much about prospect of its biz, making estimation of its value difficult.

If Krono really reaches RM1.80, we "cannot finish eating". Anyway, I do not plan to hold till 1.80. Will start to cabut when above RM1

Fe : you are absolutely right to hold for long term for big return as long as the biz is good. But in reality it is always 一场游戏一场梦https://www.youtube.com/watch?v=MjtUQmhKGuI when bear stampedes in every couple years.

123: 1.70 Ho Liao. Congratulation

welcome to the forum

4.45， 承你贵言

tq. Then i have to wait

I have high confident on VS after knowing its operation is running at full capacity and the new plant is on its way for commissioning in Jun. Based on calculation of its eps, VS can go to 3.50. The rest are rely on time, broader market sentiment and luck.

Hi TapDance : do you know how much TWS business contributes to its net profit ? TQ

VS should be traded at around 3 by now if it is to follow the mega rising trend of tech counters in M'sia.

yy: I am still trapped in Insas with paper loss after years of holding while my Inari has delivered >100% return. In fact I have a sell order in Insas at 1.00 every day. I dislike its Right Issue and believe the board market dislike it too.

Congratulation, you have found a gem here.

Yes, i am here quietly counting the paper profit.

My greedy calculation on eps justifies it at RM4.00. In reality, my heart is not tough enough for that.

I also worry that i will fail to wait till 3.50. Usually I will start taking profit when reaching 100% return. Another 40cts, i reach my milestone. The rest would be super bonus.

Leong: do you want to take up challenge on "patient" ? It is a very torturing process. ha ha

AA: You "cannot finish eating". Congratulations. Let's challenge ourselves to see who have the most patient till 3.50.

等你等到花儿也谢了
https://www.youtube.com/watch?v=7Kkl5N3P-cw

https://www.sinchew.com.my/content/content_2414096.html

20Jan2021: LCO2 plant’s utilisation recently picked up from 50% to 100% 
29Jan2020: LCO2 further expansion should its existing plant capacity reach 80% utilization.
LCO2 : margin >30%.
Nov2019: expect 30% contribution to revenue within 3 - 5 years.

Hidden gem from LCO2 let alone the very bright prospect of its core UHP.

Die die hold.

Fe: good comment which reflects the reality. Thks.

1:2 bonus Ex date on 03-Feb-2021

AA: tq.

AA : I can not find the data. Do you know how much does dry ice biz contribute to the net profit in a year ?

Lai Liao

New contracts support visibility of growth prospect. Die die hold KGB till TP2.40-3.50.