heading to 2.70 soon :P

CUTLOST, i remember when I made "BUY" call last time, you were shouting the opposite way... haha... now change your tone d? haha...

when i was asking ppl to buy at 70-80 sen, most ppl did not give a damn... this share is potentially worth RM1.60-RM1.70 in 1-2 years time...

yes, yippy68, Zhulian is now more attractive than HaiO... but we may need to wait 1-2 years before their revenue and profit improves (when they successfully grow into the indo China countries)... the price now is almost bottomed to me, so it is fine for me to wait for 1-2 years for potentially huge reward...

CKSipoh, can you share with us the % of Nike revenue in Shoes, Apparels, etc divisions?

R40s, mind to shed some light on the above doubt?

even if Q4 posted a good results in these few days... we may still think twice about the future of Prlexus due to the slower growth of Nike and other apparels companies... it is because that other contractors for Nike (like Magni, etc) are also expanding and it may cause over-supply in the next few years if Nike's growth is very slow...

http://www.marketwatch.com/story/nike-sales-and-profit-rise-orders-growth-slows-2016-09-27

guys... this is interesting to read...
Nike said its futures orders, which reflect products scheduled for delivery from September through January of next year, rose 5% on a global basis, below the increase of 9% a year earlier and the 8% growth logged for the previous quarter. Futures orders are closely watched by investors as a benchmark for demand for Nike products.

Will we see a scenario that Prlexus is done with the expansion plan (new factories all set up) but Nike (as the major customer) reduce the orders in 2017...

oh.. moneykj is not only a joker, he is a God too who can predict the share price before Friday.. clap clap... no human being in this world can predict the share price in this way i guess.. so he must be the God... others can only buy and wait for future share price appreciation but as to when the share price will go up/down and as to how much it can go up/down, no one can really answer that...

again, we can see that this moneykj is a joker...

be patient to wait for the upcoming quarterly results guys...

actually if you checked back SUCCESS past years performance, the company is doing very good profit every year so the fundamentals are strong... they are giving out decent dividends as well... and i think the headwinds for the SEB section should be short-termed... they are working very hard to turnaround SEB business... other than that, SUCCESS transformer and lighting business remain strong and intact.... LED market is very very big and is growing...

not just company buy back, directors and invesment funds are buying a lot also... check on Bursa website...

Bren21, if what the management mentioned in their latest report is true, I believe next quarter will see a much better results... perhaps this is also why the company is doing a lot of share buy back (after the price has fallen quite much from RM2++)

again, i advise investors to buy in multiple batches... until the release of next results...

maybe i will buy some first and then monitor... strong USD is favorable to SUCCESS too...

the recent company share buy back & directors' buying may be due to what was mentioned in their latest quarterly report:

In addition, with the Company marketing strategy in broadening the customer base and
products especially in steel structure and piping works and with encouraging order book obtained
thus far, the group aim to streamline the operations and to generate positive results for process
equipment segment.

In the latest quarterly report, the net profit was adversely impacted by loss made in the process equipment segment (despite profits made in the lighting and transformer segment). And if what the management mentioned here is real, subsequently quarters will see turnaround (from negative to positive) in the process equipment segment. This said, the overall group performance will be much improved...

Anyway, I still want to view it with a pinch of salt as I am not too familiar with the management's credit-ability yet... they can simply say anything in the prospect column, but we need to verify this when the coming results are released... let's see...

saw this comment from someone:

bursahunter: their profit margin very low, they offer free maintainance for first couple years so profit wont come in so fast...good counter anyway...good luck

company is doing a lot of share buy back.. directors also bought a lot...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=all&sub_category=all&alphabetical=All&company=7207

FED will likely increase rate in Dec 2016 and USD will go stronger and stronger...

haha... ahdi, stop being funny...

but i do expect many speculators to sell theirs within these few days to lock in profits.. so the price may retract a bit and you may still find a chance to go in if possible.. this share is worth at least 1.60-1.70 (if you do ur homework to find out its intrinsic value)..

but i still won;t sell a single share until it fully realizes its intrinsic value...

that was the time when i accumulated more (u need to have enough bullets and buy in multiple rounds)... i have told many about this but very few are willing to listen to me... as a result of averaging down, my average cost was only 80+ and it is in paper gain now...

you guys can see how the trio of jokers (photon, moneykj & INV3ST0R) are hiding in some caves now... first, they said Q2 will make a loss (in fact, it was still very profitable but slightly impacted by lower ASP - fundamentals remain intact)... then they said it will trade at around 40-50sen...after all the panic sellers/T3 contra kaki sold their shares, no one is willing to sell anymore, so the price will unlikely go down more (40-50sen is a joke)...

i had that mistake many many years ago... i was waiting for a share price to drop more... and when it rebounded slightly... i told myself.. the price was lower a few days ago, let's wait for it to go back that price, then only i will buy... and it never went down again... what i learnt from here is... buy in multiple batches (many batches actually) when the price is undervalued... it is ok to average down... but if you keep waiting, u will miss the boat.. coz no one knows what is the bottom price...

vincent27 is another joker.. i forgot to mention him.. he was waiting at 50sen just like what Photon, moneykj etc were doing... trying to wait and wait... until no chance to enter... while waiting, they are so mean to sabotage the share.. trying to make it lower at a faster pace... so that they can buy cheaper.... u all see who are the jokers now, right?

too bad for those who cut lost... you lack of patience...

i would like to see what the trio of jokers (photon, moneykj & INV3ST0R) would say next...

i agree that this share is manipulated... big sharks purposely push down the price (average down) and now they have accumulated enough and they are pulling it up... but after all, if you understand the fundamentals... you should join their wave.. when the price is low, buy in multiple batches to average down your price... and when price is up, you gain handsomely...

matt88, please go to bursa to see yourself.. company is doing share buy back (you mentioned they didn't)...

when I told you all that evergreen was extremely undervalued last time, most of the ppl here chose to trust jokers like photon and moneykj. These 2 guys are simply trying to sabotage the share so that it goes much lower and they get to buy cheap... ppl listened to them and sold at a loss... i was giving facts all the while but very few trusted... ppl like 93126668 and everise must have benefited from what i told them... and for those who cut lost, this is a lesson learnt... you never actually study this share well enough...

pls let me know if you do not receive my email

93126668 & everise, i sent to your emails already. you may share that with your friends or relatives but please do not share here.. i just do not want to benefit jokers here... happy investing, cheers...

everise, i can only think of 2 reasons why these ppl are here barking so loud:
1) they cut lost and hold grudge/hate on evergreen due to their lack of research and patience...
2) they did this on purpose... trying to pull down the price quickly so that they can accumulate at lower price... if not, why are they even here? waste time here for what?

last but not least, those who purely look at technical charts/short-term speculation do not understand value investment... we will see...

oh ya.."smart" INV3ST0R, i did not invest in any of the O&G shares as i personally do not think oil price will be good down the next 5-10 years... of course, I can be wrong, just that when I am not sure, I just don't invest... but different from you, I am not saying that those who invest in O&G counters are stupid... they have their own judgment and they could be right and i could be wrong... and i did not cherry pick AirAsia alone, it is just an example.. u understand the meaning of "example"?

everise, i have something to share with you alone on Evergreen if you would leave your email to me... can we do PM on this forum? I could not find the "PM" icon here... at first i was thinking to share that here with all but I don't think of worthy doing that especially when there are so many jokers and "something-must-have-gone-wrong-fortune-tellers" here... let me know how i can drop you an email, etc...

haha... this INV3ST0R is a complete loser and joker, when he said : something definitely is wrong with this stock.. sounds like he knows more than the Evergreen management...

same thing happens to AirAsia when it was trading at around 70-80sen... those who bought at that price are laughing all the way to bank now, thanks to the naive panic sellers...

INV3ST0R, stop being stupid... i know everyone is free to comment... that is why i also commented that they acted like "experts"... btw, you ppl only look at short term and technical analysis... but forgot about what lies in the fundamental especially in 2017 results... if you wanna say it is a "trap", i dun think so, i would say it is a chance to average down and gain more when the price rebounds...

haha... when the price drops.. so many so-called "experts" jump out to say: insiders must have known something that is bad... that is funny... if you don't understand the management well, please stop commenting like a child...

thanks for the panic sellers, i am able to accumulate more at 0.79... will buy more if it goes lower... time will prove if i am right or wrong.. just wait and see...

if they are not interested in evergreen, why are they even here? the answer is clear.. they know evergreen is undervalued and will rebound.. but they purposely push the price down to collect at cheaper price... very mean and shameful of them...

and i now have to assume that photon and moneykj, and maybe CUTLOST as well, that they purposely badmouth this share so that it will drop further, and so that they can keep accumulating at lower price.. they are very mean, very mean... i know their motives... poor them...

tonton, i agree with you... both photon and moneykj acted like senior/professional in share investment and talked like others are newbie... when i invested in stock market, maybe they were not born yet or still drinking milk... i have seen many cycles like this... you really think a still profitable company like evergreen will go back to 40 sen? that time was economy downturn and they were making 4-5 consecutive quarter losses.. now? they are still making handsome profits, just slightly impacted by lower average selling price... scroll up this forum and you will see that they even said Evergreen will make a loss this quarter, a joke isnt it? I even challenged them that if evergreen made a loss in Q2, i will treat them eat abalone. why am i so sure about the profitability of evergreen? i have been monitoring this stock and this industry for more than 10 years... i know what is going on...

well said ivanlim...

yeah latlut, those short-term speculators don't understand investment... don't bother them... actually we should thank them for selling down cheap to us...

one good example - look at what moneykj is doing...

steven20 i dun have AAX, i only have AA... to me, AA fundamentals are much better than AAX so I only bought AA but not AAX... it seems like I hadmade a mistake for not buying AAX as well when it was trading below 20sen.. haha... yeah.. i agree with you, those nay-sayers do not understand about the fundamentals well enough and keep saying "sell"...

Jen1888, absolutely... opportunity is out there for you and me to grab if you have done your own homework..