good dividend stock and rising steadily ... can't see why its revenue would not increase in tandem with other furniture stocks from the trade war effect and high RMB/USD effect ..

2.50 is not far stretch once result come out..

https://www.theedgemarkets.com/article/china-buy-17-million-tonnes-palm-oil-malaysia-until-2023-says-hishammuddin

with trade war and appreciation of chinese yen... orders from US have shifted to SEA.. Malaysia and Vietnam is seeing big jump in sales order

FCPO future keep climbing.. Keep it Up.. Up .. Up

check the independent director profile Asgari Stephen- a veteran who involved in VC and fund management had been buying back jaycorp shares...hmm interesting.

https://tradingeconomics.com/united-states/new-home-sales

doing half of the time for the quarter but still having revenue close to 70% of previous quarter....if it is not invisible growth what is it ?

time to fly yet since already breakout from resistance

Honsoar Jaycorp should be doing well now with more hiring in last few months..

Germany's version of vaccine coming in this fall..

break out from resistance

setel payment pops up everywhere now at Petronas Gas Kiosk.. should be good income source down the road

the outstanding shares are just too limited for institutional players to buy. wonder why the management does not issue more shares?

only one director is disposing the rest hold tight ..

at this time , the company's subsidiary still continue with the expansion.. a tell tale that company is very optimistic of its future ..

good news coming

over the last 10 years, the net profit margin never touch 9%.. probably averaging at 6% only . doubt the expansion would contribute much to the net profit margin.. any cost increase due to unpredictability and failure to pass the cost increase to end user will turn the bottom line in red..

fundamental has not changed, the shale oil and gas is booming in the US for years to come with ever increasing efficiency or decreasing cost.. it should benefit Pantech..anti-dumping ban is lifted..

the SOLID expandable tubular (SET) contract with with Hess is ongoing and contributing.. as the SET is being rented on standby basis with current Hess drilling campaign..

oversold

big shark collecting

https://www.soyacincau.com/2018/12/09/touch-n-go-ewallet-app-auto-reload/

Oil production in Anasuria net to Hibiscus alone has increase by 27%, representing an increase in 12% to total oil production to Hibiscus. The Y on Y result will be better, Q on Q will be less as the Q3 result included uplift from Q2. Good things is CAPEX for drilling has been incurred in previous quarter and depreciation will be lesser and lesser going forward.. MYR depreciated to 4.19 yish compare to last Q at <RM 4.1.. just need OPEC cut which to push it higher, waiver on oil import sanction from Iran for 8 countries will come to end early May next year... Oil price correction sentiment is stronger with temporary truce in trade war

why EPF keep buying

Q3's cost jump additional of > RM 11.3 MM, besides marketing and expansion, it is attributed to cost for drilling a sidetrack well which was completed in 3 Sep 2018, produce at 4750 bpd which is going
to contribute to 712 bpd net to DNEX ( 30% of Ping. The net result of increase production not fully shown in Q3. If oil price trend ups will add.
The earlier target to install 70 unit of PCS by end off 2018 should generate higher revenue in next quarter..

28 rigs are expected to start operating beginning early next year. Oil & Gas activities will be picking up next year.

getting better.. looks at the capex reported this quarter.. higher growth coming for next quarter.

https://paultan.org/2018/09/03/touch-n-go-rfid-public-pilot-programme-kicks-off/

why is cost of sales gone up so much ?

Trump big mouth would not stop Fed from raising interest rate , it would just go north..

golden cross just started.. Keep flying ..

there is not much competitor here locally for FP group for the test socket they fabricate, the main competitor for the similar products are mainly located in China , Taiwan & Korea.. rest assure tariff war will boost the sales for this counter rather than weakening it..

volume reach the previous bullish run .. and next resistance would be 0.492

Hi ilovekari.. check it out on youtube.. plenty of this sort of technical analysis.

resistanace at .384 broken.. MA50 cross MA 150..time to fly..

The share price is so much undervalued for a company has businesses covering both upstream E & P and services segments across the globe. Over the last few years since the plunge of oil price in Sep 2014, majority of companies in upstream O &G segment except the super major took a deep dive into the negative cash flow region and some has recently emerge above water to breath. Many also has filed for bankruptcy 2 years ago. Especially for offshore market where rig count is halved since the oil crunch. The utilization is halved and plenty of rigs were scrapped as metal in the industry.. and charter rate for some deepwater rig is a less than half of what is used to be, there is no surprise to me that there were > RM 2 billion worth of write from drilling segment and this segment is taking losses. Most of international rig suppliers the like of Diamond Offshore, Transocean, Herculess ( bankrupt ), Ensco PLC were all deep in the red probably until now but majority of these companies shares have recovered recently. As long as oil did not go below $40/bbl, almost all oil companies would still reap good profit from the E & P segment. $ 65-75 is already considered pretty good for shallow water type exploration and development project. CAPEX in this segement would continue to flourish if oil price stabilize in $60-70. Investors currently are fear of the current debt of the company but short of comparing to the industry peers who were much more worse affected in the last 3 years. Those survives the industry down cycle would eventually emerge winner. The EPC, EPCIC and pipe laying segment would continue to the provide constant stream of revenue for next 3-5 years with its current orderbook. Its $250 MM gas reserve of oil equivalent is worth 250 milion x $73...and the ongoing production has been constantly generating cash flow for the companies.The lost making drilling segment would recover slowly as with increasing oil and gas exploration and development drilling in Malaysia and the region, it is unlikely that it is getting worse from current situation. Increase in oil price from current level would be bonus for the company.

Most investors have been caught with furniture stock last 2 quarters. It seems bad but the bright sides for local furniture stocks to consider are :
1... Better US economy D
2... Higher probability of Fed Reserve raising I.R further next quarter and hence stronger USD moving forward.
3... Tariffs imposed on furniture from largest furniture exporter (China) will benefit Malaysia furniture exporter. Since China is the major importer of rubber wood and timber for their furniture industry, tariff war will further reduce the import of wood and timber and good overall exerting downward pressure on the timber and rubber wood price..
refer to tariff list in annex document below where tariff will be imposed on a wide variety of furniture from China. https://ustr.gov/sites/default/files/301/2018-0026%20China%20FRN%207-10-2018_0.pdf..

break out from 0.37 .. time to freak , next resistance .493

hold on tight..

the arbitration award amount to RM 1.2 B.. huge amount ..

arbitration award coming?
In the meantime and with reference to the previous announcement dated 8th July 2015, proceedings to ratify and thereafter to enforce the Arbitral Award issued in favour of WCTB on 8 July 2015 remain ongoing.

On uptrend finally.. keep going

stay on... oil & gas is in midst of recovering..

result good, prospect would be better .. time to boom.. https://www.cnbc.com/2018/03/13/us-shale-oil-will-surge-to-nearly-7-million-barrels-a-day-in-april.html

the broker is pretty.. wow!

Good result.. trade and receivables will be reflected in next Quarter. The contribution from Oil & Gas section has not fully surfaced yet due to schedule maintenance shut down and also unexpected production interruption in this quarter. The production shut down has been fixed and next quarter will be excellence with increasing both production and oil prices , and the newly awarded contract by Baker Hughes.. Hold tight and reap the rewards...

collect the shares when share turns boring

Still undervalue for its growth potential in the coming quarters

Target price RM 1.00