Both Coastal and Latitude are good I wonder why I miss out this two previously when you guys started talking about it. Maybe too busy with my personal things I guess. Anyhow still figuring which one I will move in coz not much bullets left can only move in to shoot 1 of it. Coastal is very bullish but duno the uptrend is due to the PP scenario or not. Latitude is just a matter of time to burst all out, half yearly results almost exceeded previous whole year performance.

One thing I don't like about Latitude is the movement is very drastic, move up fast and move down fast as well. Seems lots of speculator on it.

Well bros which one you think is better for me to shoot it haha.

bros whts the average price u all enter for coastal?

Agreed with u bro.

Bro assam haha I didn't manage to buy in any on Latitud today. Was expecting it to drop further but sudden rebound so high haha. Nvm keep some bullets and wait patiently.

Bro assam I took MKH profit already when their Q results out as im not comfortable with its foreign currency borrowing which wipes out most of its profit for the past 2 Q. Anyhow I still agree this is a good company and I'm watching it for corrections or lower price which I feel comfortable to login back. On hold is Dsonic,Prestariang, Karex Kossan and EcoW. I sold Matrix as well today to take some profit and see how the global market sentiments move on. Get ready some cash to standby for discounted stocks if the Ukraine war really spark out.

Thanks Bro Assam, was thinking the same.

Bro assam yea I'm interested on Latitud due to its amazing Q results or I should say its half yearly results. I'm sure it will perform much better than its previous financial year buy looking at its latest FA. Waiting for a good price to buy in.
No I didn't touch big cap stocks.

Bro ChineseTea, purchasing PPE will not reflect a reduction on its earning but will be shown on its cashflow statement as a cash reduction or an increase on debts if from borrowing with an increase on its asset under the balance sheet. Dsonic has reflected all its earning and if the 60m they have spend for expansion, that sounds good.

Accumulated earnings will be shown on the retained earnings and this is the profits that could be use to frank back dividends to shareholders.

Lim make sure u mean it bro haha. That day you were asking then the other day u sold =.=. Bro you must be patient on fundamental stocks don't go with the news trend, will get finger burnt. Good luck to you Lim.

Btw good morning CTea guess is around 8 or 9 am at UK now? Bro any comments from your UncleT on the market impact if the Ukraine war really start up.

Bro CTea , Latitude free float is in average high so no doubt will get dump when some bad news are there but the FA is awesome.
Btw bro, do you think if the war really start up, will it have big impact on the Euro market? i guess it will if US really force sanctions against Russia. This will be more worst then Syria. Asia might be a safe haven for investors then. Time to watch closely and buy if major drops happen. Crisis comes means opportunity.

Mostly all in red but this is in green today, what else do you ask somemore.

If Ukraine war starts, be ready to pick more. Europe market will slump and Asia will follow. Good chance to buy more and average it.

Bro CTea, did u buy any Latitud shares?

Bro assam , did u invest a lot in Latitud? I'm seeing a correction from it today, planning to enter I like it's FA and it's latest Q report. PE is still low and loves it's cash flow. Potential counter. Any extra information to share bro besides on its FA? As always thank you for the awesome info bro.

Bros what are your opinion on the Ukraine crisis. Will it cause a drastic fall on the world stocks or wont effect much on KLCI if the war really starts. Today news has cause Asia shares falling. Will this be an opportunity of foreign funds from Europe moving over to Asia for sheltering or would see a global bearish market if the war really starts?

bro assam , of course I didn't sell Dsonic. Just looking on Matrix and planning to pull out some from it.

Still waiting for Matrix to break out from its sideline after the Q report. haha. Btw Bro Assam can share more why there will be a push by MKH in March?

Grtz to all bros whom is still holding Dsonic ^^.

MKH really have to handle their foreign debts carefully, continuous 2 Q seeing drastic wipe out of profits from its plantation segment due to forex losses. The continuous strengthening of USD will not be a good sign for them.

1st Quarter MKH results disappoints me. Revenue has drop by 16% compare to previous quarter. GP margin has improved back to its norm from previous Q of 12% to 35% in this 1st Q. (something good to be cheer for) If its revenue is much better then the last Q it would see a much better profits with its GP margin improvement on this latest Q results but unfortunate revenue disappoint us. Cash flow has improved in the 1st Q compare to previous but is still sustaining at a normalize level. This might due to non much payment on its debt during the 1st Q compare to last previous final quarter.
Not much revenue increased posted from its plantation segment in this 1Q approximate 35% above its last year Q average but somehow the plantation segment is making a losses from its 1Q results.Do not have sufficient information on these.
MKH needs to do better perhaps for the coming Q for a higher boost on its share price, see how the stock trend goes tomorrow but mostly would be a fall as its plantation revenue and earning has yet to boost up a major impact to it.

Thanks for the sharing bro ChineseTea. Good one

Be patient, this week you will see a big rebound and crosses RM 4 as the new intraday high. Its an awesome Q results and whole financial year improvement from prior year.

Fundamental not only sustaining from the Presbhd latest year end report but with continuous growth plus further final dividend payout and pending approval on bonus share. Just leave it as and don't care about the movement. No matter how it moves if you look at its chart it only gives out net upward trend. That's the conclusion. Don't wish for it like Dsonic or Eco, if you want that you are mostly in the wrong counter bro zoomboom.

I bought a little more on presbhd when it comes down at 3.31. Sold off all my marco stocks and taken 20% profit. Today pump it to increase matrix and presbhd. Bro ChineseTea our both rubber counters moving up. Grtz bro and cheers. Lets wait for Matrix good news.

Mcm mana jual pun tak layan, Q report dah kuar, solid mcm besi, dividend lagi, share split lagi, biar aje, tutup PC , tunggu 3 bulan tengok lagi.

Karex and Kossan moving, two rubber stuff moving together. Nice ^^

Your right matrix6050 no wonder you call matrix haha.

Dato Lee & Dato Batumal from Matrix has both acquired 300,000 and 150,000 shares respectively on 7th Feb 2014. The Q results should have been ready and looks good.

Bros, Matrix to watch before Q results out.

Based on 3Q reports and extrapolate to 12 months comparison on a YoY basis;

1) Revenue for FY13 is extrapolated to be close to RM 430M which will be at least 25% higher compare to FY12. I'm using its 9 months actual and extrapolate to a 12 months for comparison by estimating a consistent sales revenue inflow.

2) Its accumulated 3Q GP Margin for FY2013 is computed at 44.4% compare to whole FY12 of 41.9% which means the development cost is much lower in FY2013 compare to FY2012 and indicates higher profits to come.

3) If based on the above extrapolate sales to a full Q of FY2013, estimated earnings would be 149m compare to 103m in FY2012 and this resulted to a 44.5% increase of its earning. A superb whack of it.

4) My remisier told me that Matrix might be following like HuaYang and will be having a bonus split soon. And if the results is impressive one, a potential dividend might be declared and the bonus issue will be a bigger boost seeing this share crossing RM 4 to 5 before splits.

I summarized this out as I saw an article in Chinese when Matrix Mgt is having the company dinner to celebrate CNY with its staff and the chairman wondering is on purpose on without purpose that this financial year of 2013 would see its earnings growing double.

If I compute based on only an estimate 25% increase on its revenue, it will be very hard to conclude that its earnings would be double but somehow this might not be impossible if the last quarter sales really push up tremendously compare to previous quarter.

I have take profit on Marco and accumulate more on Matrix to take this ride in.

Good chrollo, my next target is on Daya. Chrollo got time screen thru its financial and comment it here. I will have a look at it later if I got time. Today is Friday a bit relax , ytd whole day attending a seminar on Genba Kanri with my staff.

Agreed with bro assam I want to screen down and take profit on some not so good performer for this quarter and accumulate more on more potentials one. Chrollo don't miss out Presbhd, bonus issue , definitely will slowly push up and split. RM 4 is not impossible since the Q results is good. I see it as a gradually growth not an unusual spike. This stock will always have correction but each time it undergoes correction it will move higher. Can top up when there is correction to accumulate it. Good luck bros.

Should I change my nick haha. Maybe to chrollo II? Haha

Bros, remember uncleZ selection there is Daya. I take a look on its revenue and it shocks me on its quarter revenue and its yearly growth as well. Worth to watch closer as its having many projects too. This stock also listed by Star as one of the top 10 counters to watch in 2014. Yet to see UncleZ comments but certainly under his radar.

Bro assam ur right, when u say 60% u going to hantam in im very worried bro. MOst of your other counters are the best of the best. Do not wish a sudden wrong decision collapse all ur hard effort bro. Really need to read up its financial and i dig out more about YTY before we move in. Really low confident with it bro.

Bro ChineseT certainly , do not mix up with rubber and raw latex. Rubber is made out form 60% total solid content from raw latex. This means a cup of raw latex weighed 100kg , you only get 60% rubber from it. Condoms and gloves are solely made from latex to form rubber via processes hence raw latex price drop manufacturing cost will reduce means gross profit margin will increase provided not movement in selling prices. That's why when these coy makes lesser profit when
;
1) USD weakening against ringgit coz they are exporters
2) Raw latex price high and directly affect its direct material cost

Bro assam , im no longer in the glove industry but still in rubber and i can tell you gloves are the hardest rubber products to be made coz of its high scraps and its quality.( no pin holds, lumps and etc) They are using dipping process and not extrusion. Btw, rubber prices are low but looking at palm oil prices is turning back uptrend, rubber might follow coz is normally goes side by side. Rubber price has been falling as well for the past 1 and close to 2 years since its peak, so bro take note on this. Getting some future contracts which is 20cents per month higher on current price lately. Big dealers are projecting higher, the premium is setting higher.

Bro ChineseTea buying assets or capex related will not appears in P&L and if yes only will be the depreciation but i don't think 1st year depreciation can be so extensively high. Hence the expenses are something needed to be find out if want to go for longer term.
Chrollo if your holding Warrant, don't hold it for long going to expire pretty soon. Bro you can move to other better counters if your not confident with its financials.

I plan to take profit and see how's the trend goes tomorrow. Limit down my portfolios and accumulate more on better ones. Im sure will be back for its dividend.

Bro Assam, you are asking about me for YTY , i got some information.

This company is located in nearby teluk intan. Chinaman type of company and has been on sale before with a listed coy in taiping or penang but lastly didn't manage to deal it and maybe that's the reason also why they want go listed. Never heard much about it only heard about the disposal stuff.

Gloves are very competitive industry and really need to have very good cost controls and good Mgt to make it great.

Bro, my advice is don't go too much on it , can try to gain some for new listing but not too much. I'm not so confident on it. Anyhow is just my personal opinion bro, i might be wrong bro. Haven't seem its financial yet but definitely it needs to be very aggressive to stand out like those big 4.

Nowadays smaller gloves manufacturers will be very hard to survive. Price competitiveness is very intense. If your cost controls and quality controls are not good, you will be hardly able to compete with those establish ones.

Chrollo, this is a trading company with such crisis last year its consider sustaining with a mild revenue growth. There is a large expenses incurred but not in detail that's why causes the profit only up a little. What are those expenses is really questionable. High dividend pay , yes is good for this year but did u see its retained profits? Is not good coz its like skinning it off, most retained profits are given out to shareholders.

This signifies two possible reason,

1) Shareholders want to take back as much profit as they want and this will affect the company growth in future

2) Possibility might want to sell this business off.

The net change in current liability is the movement on the accounts payable. It is positive means lesser payment out to suppliers. Their trade payable is higher at yoy if u look at their balance sheet. They repay a lot on borrowings and this is good.

Overall the performance can say is sustaining but i don't like the skinning of on its retained profit.

Chrollo why did u say its financial is bad?Revenue increase by approximate RM 4million on a yoy basis, profit before tax increase by 461k. The results was not impressive but is sustaining. I will take profit tomorrow and log in back when any good dividend declare. Do not look only at a single quarter coz the final quarter many yearly expenses or adjusted figure might be in such as provision of slow moving inventories or doubtful debts and etc. Hard to see without having a detail one.

This company is definitely paying a lot out on dividends from its retained profits. Shareholders are skinning it off. If can sell at good price sell it and log in back for good dividend since the growth was not awesome.

chrollo any link on details on Marco account?

chrollo , marco results out?

well comment bro assam.

Bro Assam and Bro ChineseTea, I'm not what you said as glove experts just been working in the rubber industry for quite some time and know a bit to share.

Bro Assam , they are many smaller companies on making gloves and some growth rapidly to become a big exporters. I didn't heard much about this company but basically can go in depth to studies and check with some frens about it. The industry is small and somehow, important is have to know more about its management and how does it fair between the more established ones in the market. Bro assam we can really study about it.

Bro ChineseTea, haha, gloves are made by molds in pair you will not able to only buy one side haha, then who want the other side haha. clinical Gloves are disposal in pairs and hence you wont find one piece of it.

Bro Chrollo thanks for the info, yea I watching marco closely but somehow whtever having a steep rise will be expecting a steep fall is just how greedy u want now. Will check on it closely tomorrow am I ready anytime to take profit. But I still hope it can touch .25 tomorrow.

TAFA if you plan to look at plantation counter , MKH don't miss out this awesome counter. Welcome to this group , we share prosper and sensible idea. Don't miss out information from ChineseTea and Assamlaksa, they are very sharp and reliable source. No trash talking here.

Will be a good one bro mostly major shareholders are insiders, share price up means q results will be good one. Closing buying is very strong, will continue tomorrow. TP0.25 will be the first stop if the Q report is awesome. This counter u can hold bro , dividend is very high. If drop I will take profit and login back when stable but my instinct tells me it will cross over 0.25. Lets watch and see. When I saw today it clears off 0.175 and 0.185, touching 0.25 is not something tough if the momentum continues. Closing still see strong buying momentum, will be another 3 cents tomorrow hopefully. Thank God bro assam got bought some at least in this forum, we can share out the prosper. At what price you bought today chrollo?

This counter behavior is like this down a bit then up a bit more. Overall conclusion= Net increase. Name it slow and steady growth counter.

Supermax infact is good as well. I would name it the big 4. But somehow its share price like being curse hard to move where mostly the big 3 are moving up. Well that might be on a very simple explanation but in terms of performance, they are picking up but still a gap between the other 3 taikos mainly due to the larger global market share they have. Markets are limited even the demand is high , you bet gloves is a necessity especially if you see when there is an epidemic you will see these industry making lots of money. Nitril process is one thing zoomboom, now the challenge for all this glove industry is the weight of the gloves. Old gloves weight at 9gram per piece till now 3gram per piece. So whoever makes lighter and better gloves, they are the winners. Don't forget price is very competative, customers wants high quality and cheaper gloves. They are competing with each other now on producing much better quality gloves and lighter ones. If you ask me about supermax I wont comment much but much due to the market share and also the more advanced processes from those top 3.

Happy to know you guys here like assam, ChineseTea, Tewnama and especially u Chrollo, your a bright lad at your age is so young and your already start talking and having thought like us uncles here. You will have a great future ahead. Keep it up bro. Lets prosper together. I like you guys coz mostly talking facts and good sharing rather then those trash talkers.