Followers
0
Following
0
Blog Posts
0
Threads
6,400
Blogs
Threads
Portfolio
Follower
Following
2015-04-06 20:30 | Report Abuse
Most vital of all is how their future earnings are going to be?? But all of us knows property sector stocks majority are not doing well because of government controls
2015-04-06 20:21 |
Post removed.Why?
2015-04-06 20:14 | Report Abuse
It s time to pick up construction stocks, give your picks please
2015-04-06 13:11 | Report Abuse
Please use the above screener, then buy with peace of mind,, once u bought just keep it, not necessary to see everyday, slow n steady going up consumer sector
2015-04-05 19:03 | Report Abuse
Cmsb taib taken gambir n tongkat ali power
2015-04-05 18:50 | Report Abuse
Yes please give link to your facebook..in all the stocks you recommended above which are more bullish? ????
2015-04-05 11:42 | Report Abuse
When his son becomes our new pm, OPCOM will have a good future
2015-04-05 11:40 | Report Abuse
Mahathir is trying to remove najib,, so his SON can go in as our new PM
2015-04-04 23:06 | Report Abuse
Lambito did your remiser gave any reasons???????
2015-04-04 23:05 | Report Abuse
Powerplant firing and investigation results will be coming out soon
2015-04-03 13:20 | Report Abuse
i think this fairfax knows something is COMING for mudajaya, they are buying earlier
2015-04-03 13:17 | Report Abuse
research house given 5 as target price,, but can it get a rerating again based on the latest winning of project ????
2015-04-03 10:14 | Report Abuse
hope opcom does not turn to opium
2015-04-03 10:04 | Report Abuse
time for najib to open mouth and answer
2015-04-03 09:55 | Report Abuse
be alert on uma too fast going up
2015-04-02 22:18 | Report Abuse
I think the result of the investigation and the firing of the powerplant will be announce arround the same time, if the investigation result is positive, then oh my god this counter might rocket up to 2.50 who knows ha
2015-04-02 19:18 | Report Abuse
400523 Prem watsa is his name. Google it. Even if Fairfax looks beyond 2 yes..it means he is sure the Indian power plant will go through as it is make or break for mudajaya.
02/04/2015 15:27
very good information, thank you very much, can i have your e mail address?
2015-04-02 19:15 | Report Abuse
ACTUALLY this what i was waiting for, changes. so hope james wong can do something great for mudajaya...haliluyah
2015-04-01 16:48 | Report Abuse
too many internal probelms, so when they will have time to sit and discuss on how to inflate their order book
2015-04-01 16:38 | Report Abuse
I am not speculating here but i think they found something during investigations
2015-04-01 16:35 | Report Abuse
i did mention before this company needs RESHUFFLE,,,SOME CHANGES
2015-04-01 13:39 | Report Abuse
4.37 was depletion test,, 4.48 was errection test after depletion..KAREX PASS THE TEST
2015-04-01 09:43 | Report Abuse
Downgrade to Hold
Karex’s share price has appreciated by 58% since our upgrade on 11 Aug 2014.
We believe that the share price has already priced in the strong earnings growth
and the stock is now fully valued. While the company is looking to acquire
another company in addition to Global Protection, we believe that the positive
earnings impact on its bottomline will not be substantial as the target company
will most likely be a smallish company with strong growth potential. Although
it is penetrating into new markets via One Brand, material earnings
contribution will not filter through so soon as it takes time for Karex to grow its
sales in a new market. We also cut our FY15-17 EPS forecasts by 7-8% to take
into account the dilution effect of the recent private placement. We also tweak
our capex assumption for the proposed land acquisition and switch of capacity
expansion from Pontian to Thailand. We downgrade the stock from an Add to a
Hold.
2015-04-01 09:42 | Report Abuse
Eyeing two plots of land
Karex has proposed to acquire two pieces of land where its existing plants in
Pontian are located. The proposed acquisition will ensure that Karex's
operations could continue without any interruptions, besides offering extra
room to expand its capacity in the future. We cut our FY15-17 EPS forecasts by
7-8%, mainly taking into account the dilution effect of a recent private
placement. While the placement will strengthen balance sheet and provide
ammunition for future expansion, the immediate effect was a dilution which
pushes up valuation, making the stock less attractive. We downgrade our call
from Add to Hold, with a lower target price (based on 23x CY16 P/E, a 10%
premium over Hartalega) due to the EPS cut. For rubber-related stocks, we
recommend Kossan.
What Happened
Karex announced that its wholly-owned subsidiary has entered into a sale and
purchase agreement with Tropical Produce Company (Pte) Limited for the
purchase of two pieces of land measuring approximately 4.6ha for a total cash
consideration of RM14.8m. This will take three months to complete and it will
be financed by the proceeds from a private placement exercise that was
completed on 11 Mar 2015. In March 2015, Karex placed out 40.5m new shares
which represents 10% of its paid up capital. The company intends to utilise the
proceeds of RM158m mainly for business expansion purposes.
What We Think
Karex’s existing manufacturing plants in Pontian are currently located on the
land to be acquired. Since 2004, the company has been leasing the land and
paying an annual rental of approximately RM376.8k for its manufacturing and
warehousing operations. As the tenancy agreement will expire on 31 Oct 2015,
the group is now taking the opportunity to acquire the land to prevent any
interruptions to its operations or the non-renewal of the tenancy agreement by
the lessor. With this land purchase, Karex may also not need to relocate its
existing manufacturing facilities to the new plant in Pontian that will be
completed by Jun 2015. This will give Karex more room to increase its capacity
to cater to future condom demand. Funding is not an issue as this purchase will
be fully funded using the proceeds from the recent private placement.
What You Should Do
We advise investors to stay on the sidelines. The share price has appreciated by
58% since our upgrade on 11 Aug 2014 and we believe that this has already
factored in Karex’s strong earnings growth.
2015-03-31 09:55 | Report Abuse
Heveaboard may trend higher after climbing above MYR3.00 in its latest session to extend its new high. Traders may buy, as a bullish bias could be present above this level, with a target price of MYR3.33, followed by MYR3.58. The stock may fall and consolidate if it cannot sustain above the MYR3.00 mark. In this case, further support is anticipated at MYR2.78, where traders can exit upon a breach to avoid the risk of a further correction.
2015-03-31 09:42 | Report Abuse
from my remiser she told 9.10 is from rhb,, but not official yet just news only,,, funny ha
Stock: [HEXCAP]: HEXTAR CAPITAL BERHAD
2015-04-06 20:43 | Report Abuse
Foreign fund continues, then ringgit becomes strong