Of course. You don't need to worry about the company's profitability in 5 years. That's ridiculous.
For a short term depreciation of ringgit and demand driven by the rising global automotive sales and the increased electronic chip content are much more important.

Investors don't have to worry about something that may happen to the company in 3-5 years. The stock cannot price in something that may happen to the company in 3-5 years. And if their business is not profitable in the future, the management will need to change it like diversifying their business. But for now they are profitable.

ezobear, I don't think what you are writing will affect profitability of KESM in a short time like 6 months.

Net profit of growing companies decreases QoQ sometime especially when the last net profit was exceptionally good. Revenue increased QoQ, and net profit increased YoY greatly, so there is no problem with it.

“Moving forward, we see our performance to remain strong, mainly driven by the
rising global automotive sales and the increased electronic chip content in making
cars safer, cleaner, smarter and more comfortable.”
He commented, “Today, our core competencies are in good demand spurring
further value-add services to our customers.”
He concluded, “KESM is fully committed to developing long term strategic
initiatives in our core business.”

Today KLSE slipped back by 0.47%, so today's consolidation was good enough.

Congratulations!

I have already sold Tenaga. Today KESM's QR was released. It was very good.

OTHERS PRESS RELEASE : KESM DELIVERS STRONG RESULTS
http://www.malaysiastock.biz/Company-Announcement.aspx?id=957209

KESM’s 2Q net profit up 42.5% to RM9.98 million
http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=4324

QR was released.

Net profit increased YoY from 6,999 to 9,975. Net profit decreased QoQ from 10,012 to 9,975, but
revenue increased QoQ from 80,112 to 83,115. The results are quite good.

KEMS is in the right industry, where demand has been constantly increasing, and it is beneficial from depreciation of ringgit. I think KESM will show excellent financial results throughout 2017.

https://klse.i3investor.com/servlets/stk/fin/9334.jsp

But the other company may win two MRT packages, right? Then, Gadang will not win anything

Due to reflation trade, foreigners are a net buyer of the Malaysian stock.

TIME plans further strategic investment in Thailand
https://www.digitalnewsasia.com/business/time-plans-further-strategic-investment-thailand

TIME said it has received a statement of support from existing shareholders of Symphony, who hold about 47% of the shares. The funds raised in the rights offering will be used to expand and strengthen Symphony’s nationwide fibre optic network and launch new products and services.

Symphony is a founding consortium member of the Malaysia-Cambodia-Thailand submarine cable system, which is expected to enter service within the coming months and TIME’s investment in Symphony is part of its regionalisation strategy.
http://www.thesundaily.my/news/2186236

Wow! Data center is very profitable!

Time commander-in-chief Afzal Abdul Rahim said the investment in Symphony was part of its regionalisation strategy to invest in telecommunications and data centre businesses across Asean.

“We have always maintained that Asean has huge potential.
http://www.thestar.com.my/business/business-news/2017/03/07/time-takes-49pc-stake-in-thai-telecommunication-firm/#bpuIAsUfQl6deV3k.99

08/03/2017 TIMECOM Target price 10.28 +1.68 (19.53%) BUY HLG
https://klse.i3investor.com/jsp/pt.jsp

I bought a small amount of the stock today. The stock is very promising due to depreciation of ringgit. The company is still on a growth path. Now the stock price is very cheap.
If the stock price drops more, I will buy more.

https://klse.i3investor.com/blogs/kianweiaritcles/117673.jsp

This article first appeared in The Edge Financial Daily, on February 20, 2017.

KESM Industries Bhd
(Feb 17, RM9.71)
Maintain trading buy call with an increased target price of RM12.18: KESM Industries Bhd reported a first quarter of financial year 2017 (1QFY17) revenue of RM80.1 million (+14.2% year-on-year [y-o-y]), underpinned by higher demand for both the burn-in and testing services segments.
http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=3252

Today I sold DRB and SAPURAKENCANA PETROLEUM. Their stock prices still may rise, but I can buy cheap stocks and make profit easily. That's why I don't have to stick to the stocks.

This is a very promissing stock.
https://klse.i3investor.com/blogs/sin_chew_hot_stocks/117744.jsp

.

Tabung Haji buys additional 1.75 million DRB-Hicom shares
http://www.themalaymailonline.com/money/article/tabung-haji-buys-additional-1.75-million-drb-hicom-shares#sthash.8kWvfwwm.dpuf

I sold Supermax a long time ago. New Hoong Fatt Holdings Berhad is a good stock.

You will need to wait for further announcement from DRB patiently. Probably nothing will happen until the end of this month. The stock price may be bounded in a range until further announcement.

There are plenty of fish in the sea. If you are not fishing here, what are you doing here? Are you just wasting time here?

MPRC study shows Malaysian O&G companies more resilient than regional peers
http://www.theedgemarkets.com/my/article/mprc-study-shows-malaysian-og-companies-more-resilient-regional-peers

JHM is a multi-bagger stock. You will be surprised how fast the stock price will move up.

PSA is interested in the ASEAN market.

Are you sure it's not fake news?

Lembaga Tabung Haji is the Malaysian hajj pilgrims fund board.
https://en.wikipedia.org/wiki/Tabung_Haji

They may be influential on negotiation between DRB and Geely/PSA.

Lembaga Tabung Haji substantial shareholder in DRB-Hicom
http://www.thestar.com.my/business/business-news/2017/03/06/lembaga-tabung-haji-substantial-shareholder-in-drb-hicom/#15oRJMxX9GEu4KSk.99

Billionaire Li Shufu said he’s planning to pull Zhejiang Geely Holding Group Co out of a bid for Proton Holdings Bhd, saying the Malaysian carmaker keeps changing its plans, said Bloomberg.

But it may just be his way of pulling his weight in the negotiations, which are still ongoing with rival PSA owner of Peugeot – still in the battle for the 51% shares of the ailing Malaysian company.

“They keep changing, today it’s this, tomorrow it’s that,” Li said in an interview in Beijing Friday, before attending the opening of the Chinese People’s Political Consultative Conference.

“They haven’t decided what they want.”

Proton, which needs to bring in a foreign partner to help in research and development as part of conditions it agreed to in order to receive a loan last year.

The Malaysian government is in a hurry to get a suitor for Proton, which is losing money, while an imminent closure of the facilities – meaning the death of the national car icon – would become a political nightmare for Prime Minister Najib Razak.

Proton is controlled by Malaysian tycoon Syed Mokhtar Al-Bukhary’s DRB-Hicom Bhd, who is said to be close to former Prime Minister Mahathir Mohamad.

Mahathir set up Proton in 1983 to steer Malaysia’s industrialization plan.

Proton also owns British sports car maker Lotus Cars Ltd, of which it did not succeed to reap any profit so far.
http://www.theindependent.sg/geely-boss-tired-of-protons-fickle-mind/

1. Geely's pulling out from a bid for Proto has not been confirmed officially yet.
2. Even if Geely abandons a bid, PSA may become a foreign partner.

It's not like the end of DRB-HICOM BHD.

Now it's a bargain sale. Collect the stock more.

https://klse.i3investor.com/blogs/sin_chew_hot_stocks/117362.jsp

There are ups and downs in business negotiation. It's like stock prices. Unless it is finalised, it is too early to make judgement at this point. I think the stock price will surge in the end.

But the problem is that we don't know when the stock price will surge, so the best strategy is to hold the stock.

Geely's boss said, "they keep changing, today it’s this, tomorrow’s it’s that." That means you may hear good news within a few days.

Different articles use different translated words,but one thing is for sure. That is, nothing has been decided yet.

plan
reconsider
mull
may

Geely Chairman Says He Plans to Abandon Bid for Lotus Owner
Bloomberg-15 hours ago.
Geely may pull out of Proton deal, says report
New Straits Times Online-16 hours ago
Geely mulls quitting Proton partnership over 'flip-flop'
Malaysiakini (subscription)-16 hours ago
Geely reconsiders Proton bid
just-auto.com (subscription)-12 hours ago

The company's customers are exporters. That's why the company is beneficial from depreciation of ringgit.

http://www.thestar.com.my/business/business-news/2017/03/04/yellen-points-to-march-rate-hike-as-fed-signals-end-of-easy-money/

Average target price 1,31 MYR
http://www.4-traders.com/AWC-BHD-20700808/

I sold Lii Hen a long time ago. New Hoong Fatt Holdings is a good stock with a low P/E.

If Geely does not get the deal, Geely share price will fall as well. Today's Geely share price stayed flat.

Right. Unless it's official, Geely will still have a chance of getting the deal.

Kenanga Research Reaffirms 'Buy' Call On SapuraKencana

SapuraKencana announced yesterday that it has bagged four contracts via its units for jobs related to engineering and construction, with a combined value of about RM433.6 million from Petroliam Nasional Bhd (Petronas) and Petronas Carigali Sdn Bhd

"We are positive on the news as it demonstrates its ability to win contracts continuously amid the competitive environment.

"The contracts reaffirmed SapuraKencana's competitiveness, especially when the company could potentially be the only contender for Pan Malaysia Transportation and Installation jobs," it said.

Meanwhile, Public Investment Bank Bhd has also reaffirmed its 'outperform' rating on SapuraKencana with a higher target price of RM2.30 from RM1.90.

The research house said the company's order book wins stood at RM6.1 billion for financial year 2017 and continued to maintain the estimates as it has sufficiently accounted for the new contract replenishments for financial year 2018 onwards.

"Premised to the uptick in oil price sentiment coupled with better activities, we are upgrading our target price," it said.
http://www.malaysiandigest.com/business/661408-kenanga-research-reaffirms-buy-call-on-sapurakencana.html

But the conclusion is that they haven’t decided what they want.

It may be a negotiation strategy to lead to better conditions for DRB-HICOM BHD if some terms and conditions are not agreed on.

They haven’t decided what they want,” Li said in an interview in Beijing yesterday.

Nothing has been official.

WAIT. PROTON BEING SOLD TO… CHINA!? SHOULD WE BE HAPPY OR NOT?

We all know Proton, right? Either as Malaysia’s national carmaker or the positively charged subatomic particle. Thankfully for everyone involved, this article is about the carmaker.

We’ll get into all the nitty-gritty details later in the article but, as a quick summary, Proton is in the middle of serious negotiations with foreign car manufacturers looking to buy into the company. While the details are a secret for now – to the point that only one of them confirmed that negotiations were happening – they are expected to finalize an agreement by March 31st this year.

The two foreign manufacturers currently in the lead are Geely, a Chinese manufacturer that bought Volvo in 2010; and Groupe PSA, a French manufacturer most known for Peugeot and Citroën. And what they’re negotiating isn’t small potatoes either – Geely is rumored to be leading the negotiation with an interest to buy a 51% equity stake in the company. If you haven’t watched Shark Tank, this means that they will basically own enough shares (Majority shareholder) to have a major influence on how the company is run.

Of course, this news has resulted in some criticism with the brunt of it coming from the guy who started Proton in the first place – Dr. Mahathir.
https://cilisos.my/wait-proton-being-sold-to-china-should-we-be-happy-or-not/

I checked consistency. No consistency was found. It is like misleading news.

Let's check the stock price of Geely Automobile below.
https://www.bloomberg.com/quote/175:HK

Nothing seemed to happen!

Today the stock price dropped due to misleading news! I think the stock price will recover on Monday.

KUALA LUMPUR: DRB-HICOM Bhd fell in late trade today after billionaire Li Shufu reportedly said he was planning to pull Zhejiang Geely Holding Group Co out of a bid for Proton Holdings Bhd.

DRB-HICOM, which owns Proton, eased 3.45 per cent or five sen to RM1.40 in active trade involving 14.38 million shares.

Bloomberg quoted Li as saying that this was because DRB-HICOM kept changing its plans.

“They keep changing, today it’s this, tomorrow’s it’s that. They haven’t decided what they want,” Li said in an interview in Beijing yesterday.
http://www.nst.com.my/news/2017/03/217272/geely-may-pull-out-proton-deal-says-report

KUALA LUMPUR: Shares of DRB-Hicom Bhd fell in late Friday trade on a news report that billionaire Li Shufu said he’s planning to pull Zhejiang Geely Holding Group Co. out of a bid for Proton Holdings Bhd.
http://www.thestar.com.my/business/business-news/2017/03/03/geely-mulls-pulling-out-from-bid-for-proton/#Fh4564uHD9EksM2q.99