good company but evaluation is too high considering its annual growth. At current price of 88 sen, the risk is higher than reward

SUNZEN is also selling bird nest to China. Its quarterly report seems to be fine. Not sure why MBN''s QR is this bad.

Since the new aluminium can plant in USA is going to be loss making for a few years, maybe it is a good idea to sell now and buy back later.

投资者用脚投票！遇到这种IPO，需要提防管理层另有意图？【谈股论金 132】
https://www.youtube.com/watch?v=8y3nDQonPu4

what happened? bad incoming QR? force selling? margin call?

its revenue peaked in 2021. Industry is growing but it seems this company is not growing. They used to export to Hong Kong a few years ago but no more these 3 years. Not sure what the reason is... Perhaps its selling price is too high?

It expects higher demand during the upcoming festive and holiday periods. Let us wait.

What's next? 马来西亚经济改革的下一步打算怎么走?【贸工部副部长YB刘镇访谈/上集】
https://www.youtube.com/watch?v=vdd3FbcY3qk

贸工部认为哪些行业能引领马来西亚的二次工业化？【贸工部副部长YB刘镇东访谈/下集】
https://www.youtube.com/watch?v=7iLvhiREclM

贸工部认为哪些行业能引领马来西亚的二次工业化？【贸工部副部长YB刘镇东访谈/下集】
https://www.youtube.com/watch?v=7iLvhiREclM

What's next? 马来西亚经济改革的下一步打算怎么走?【贸工部副部长YB刘镇访谈/上集】
https://www.youtube.com/watch?v=vdd3FbcY3qk

I would suggest you guys to sell on strength and buy back on weakness. Interest rate in US is a problem that is not going away. Besides, I suspect lots of investors are waiting to sell after quarterly report is announced.

Malaysia welcomes investments in semiconductor value chain
https://theedgemalaysia.com/node/688956

What's next? 马来西亚经济改革的下一步打算怎么走?【贸工部副部长YB刘镇访谈/上集】
https://www.youtube.com/watch?v=vdd3FbcY3qk

@dragon328, which projects of the following you think have big impact on earnings? green data centre?

there are plans to ensure continuation of strong earnings for YTL Power to continue beyond FY2025:
1) WTE plant to start from 2026
2) Digital bank to turn in profit from 2026
3) Green data centre 1st phase to start contributing profit from FY2024
4) Subsequent phases of green data centre to contribute profits from FY2025
5) Wessex Waters earnings to rebound from Q4 FY2024 after next water tariff hikes
6) Wessex Waters RCV to expand substantially for next regulatory period from April 2025 to ensure earnings to expand meaningfully from FY2026
7) Potential win of new solar power projects in Malaysia as Malaysia plans to roll out some 8,000MW of solar power projects by 2030 and another 25,000-30,000MW by 2050
8) Potential export of RE to Singapore from 2027
9) Meaningful earnings contribution from UK property development from 2026 once interest rates there retreat to normalised levels
10) Potential win of the new gas plant tender in Singapore to expand PowerSeraya earnings from 2028

I also think it is expensive at this price level comparing to other furniture stocks. Fair price maybe below 20 sen. I would sell if I were you.

quarterly report most likely will be out this month.

Did anyone attend the AGM? Any info worth sharing?

It has been a great ride. All time high is over 80 sen. Better take some profit, if not all. Good luck to you guys!

I did some research on PAPPAJACK and was really surprised how fast these 2 companies grew. Revenue and profit grew quite fast. No joke... Their business is not sunset business like I thought. Good luck to those who subscribe successfully to this IPO.

no power since open, just run...

After hitting RM1 billion revenue for the past two financial years, PIE Industrial Bhd is aiming the RM2 billion mark and annual net earnings of RM100 million within three years.

RM2 bil revenue in three years not PIE in the sky
https://theedgemalaysia.com/node/681180

The last time it announced bad quarterly report, the stock gapped down to around RM2.80 but to my surprise, it closed above RM3 the same day. An uptrend pushed it to RM3.50. I just notice EPF has been buying. No wonder...

马来西亚稳了！2030新工业大蓝图：二次工业化！纠正大马经济发展错误路线，跳出中等收入陷阱？【谈股论今 112】
https://www.youtube.com/watch?v=kXCEwvWx_28

right now I would prefer sell on strength and buy on weakness as I notice profit taking since September

CREST纳入投贸部 助建首家晶圆制造公司
https://www.enanyang.my/财经新闻/crest纳入投贸部-助建首家晶圆制造公司

I read the following news about SUNZEN and notice their management comments about bird nest

“人类保健品业务之所以贡献的营收最大，归功于燕窝在中国市场的需求强劲。”

他相信，这一增长趋势将会持续下去，因为中国许多怀孕妇女认为这有助于胎儿发育。

https://www.enanyang.my/财经新闻/【独家】保健品业务推增长-宏诚生科深耕品牌突围

Revenue
FY 2018 100 mil ++
FY 2019 100 mil ++
FY 2020 200 mil +
FY 2021 300 mil ++
FY 2022 300 mil ++

According to PublicInvest Research, the projected revenue of the next few years is as followed:

FY 2023 300 mil ++
FY 2024 500 mil
FY 2025 500 mil +

没成长，不要买；有成长，不要卖；成长长，长持有；成长短，短持有

I search for bird nest import and notice the following:

The top 3 importers of Bird nest are China with 5,981 shipments followed by Vietnam with 5,652 and Hong Kong at the 3rd spot with 5,512 shipments.

Good to know that Vietnam is a huge market. No wonder MBN has started to export there...

I thought I read somewhere that WCE said they had enough fund to complete its highway... glad I saved the link:

WCE has enough funds to complete West-Coast Expressway
https://themalaysianreserve.com/2023/07/05/wce-has-enough-funds-to-complete-west-coast-expressway/

not a lot of information about the New Industrial Master Plan 2030 (NIMP2030) yet. One of the aspects is probably technology adoption/automation.

New Industrial Master Plan 2030 to advance Malaysia’s economic complexity
https://www.thesundaily.my/business/new-industrial-master-plan-2030-to-advance-malaysia-s-economic-complexity-AJ11098484

The New Industrial Master Plan 2030 (NIMP 2030) is to be launched in August. Should be good for industrial and technology sectors

I just read the latest analyst report by Kenanga. The good news is that they expect 4QFY23 to be even better than the previous quarter. The bad news is that they forecast lower FY24F estimates as PowerSeraya’s earning is expected to normalise because the Uniform Singapore Energy Price (USEP) has fallen 55% from the peak of SGD492.1/MWh in May to SGD221.0/MWh in July

@Furso1359, link sent via message/chat

ChloeTai, it looks like a green chat/Whatsapp symbol at the top of this page, near your username

ChloeTai, I tried to post the link here but for some reason I could not do so. I sent the link to you via message. Please check there.

well, I already expected its result was not going to be that good. Every company has fixed cost to pay whether business is good or bad. Besides, we should focus on its future earnings.

According to the analyst report above. their Semiconductor Material Business Unit (SMBU) recorded capacity utilization of 40%-60% in 2QFY23 for the solder ball plant in Tainan, Taiwan and is projected to hit 80% utilization in 3QFY23. Management also mentions that the worst is over. Lots of good things mentioned in the analyst report that gives me confidence that their future earnings (next QR and beyond) is likely to improve

影响大马未来20年国运！独家角度讲解能源转型路线图(NETR)细节！经济部长Rafizi在布一盘怎样的大棋局?【谈股论今 102】
https://www.youtube.com/watch?v=s4e6ix9LurQ

ALL-IN再生能源？大马这次会赌对吗？能源转型路线图NETR如何接轨巴黎气候协议？【谈古论今 103/下 】
https://www.youtube.com/watch?v=VT88pKygBKE

https://www.enanyang.my/财经新闻/扎夫鲁大马吸引760亿投资-巩固亚洲数据中心枢纽地位

https://www.enanyang.my/财经新闻/【独家】黄伟全球少数具优势国家-大马宜发展数据中心

Its quarterly revenue only down 10.18%. I thought its net profit would be down 50% like the previous QR. I only expected dividend of 1 sen, at best.

pretty much all better than my expectation. Wonderful!

Looks like profit taking has taken placed for 3 weeks. Hope it will reverse soon. Good luck for those who still keep this stock!

is there any article discussing whether High-speed rail KL-SG is economically viable?

I doubt its share price will drop much considering its outlook is better now. Please read the analyst report above. No order is cancelled, just delayed. Their Semiconductor Material Business Unit (SMBU) recorded capacity utilization of 40%-60% in 2QFY23 for the solder ball plant in Tainan, Taiwan and is projected to hit 80% utilization in 3QFY23. I am not worried about its fundamental.

according to the analyst report above, QR will be announced in August.

Just re-read the analyst report above and notice their machine is related to AI. Good thing to know!

For Q4, I expect EPS to be between 2 sen and 6 sen. I assume the following:
- there is still provision item in Wessex (index-link bond that I do not understand)
- Jordan plant to contribute to revenue but not profit due to start up cost

well, I read the latest analyst report above. It is good to hear that the worst is over. Now I am feeling more confident as no order is cancelled. The next QR to be announced later this month is probably not pretty but QR 3 months later should show improvement QoQ..

YTLPOWR appearing on Edge magazine also does not move the share. That's not good. Maybe it is time to sell and buy it back later

probably EPF keep selling, thus the momentum of its share price is weaker than the previous months

has been up a lot. Big fund has been selling for months. The risk is higher than the reward now.

I just finish doing research on DSS. Looks like it is going to expand its capacity. The just announced quarter result is supposed to be profitable if excluding one time listing expenses. I would say at current price of 40.5 sen, the reward is much higher than the risk. Good luck!

hopefully no sell on news again after another newspaper article like the last time!

if you click the usernames, some of them are quite new and only start posting comments very recently. They are paid to say nice thing about this IPO. Same thing happened to Radium forum. Good luck to you if you still insist to apply for this IPO