Does lion ind has anything to do with crss?

Rebound for trading or rebound for good of long term.

Previously average export market was about 3 - 5% of total production. How about the percentage of export market for q3 / q4?

Is definitely no la.. Mpex / e-wallet already stated will only be launched in 1st quarter 2018. Currently is just EFTPOS

Those with limited funds better invest in counters with more fundamentals. If fry, also most probably netx or asiabio

Sorry to say, but mlab price will never ever reach 40 sen height again given the current circumstances

Sorry guys, the rise on friday is a one off only for the moment.. It is meant to prevent fair value loss on equity investment by netx

Last month netx only cost 4 sen.. where were you then? Why not you buy then and complain now? Lol

Rukawa, what do you do in China?

Is 497 million

Rehda president FD Iskandar blamed that imported steel duty causes the price to rise from rm1,700 to rm2,800. I wonder whether he is aware of what is happening around everyday. He is complaining of margin thinning to 15% from 17% and investors might ditch property construction companies. But does he know how much suffering steel companies had endured previously to the extent that some failed to survive? If steel industry in malaysia is to collapse, property developers will not be far off better. Time to wake up, Iskandar

There is still some time from release of results in November and seems that there is no more leg to push the price higher. I suppose that it is about time for some short term rest and profit taking before resuming in November. Cheers !

I love this article !!! A like for you

Dear Kingdom, which substance in my words have you not understood? I never meant to be a Guru, and neither will I. I am just another ordinary forum member with ordinary capital trying to find some ordinary gain. Thanks for the compliment though

Well, short sighted people comes out with short sighted comparison and explanation. He may be right this time for the wrong reason but he may be wrong next time for the right reason

Not necessary 11 has not been sold last week

Is this calculation valid in the first place?

One of the malaysian economic focus for 2018 is to stimulate and expand our country's exports. I doubt that the government will let myr strengthen too much

We can only have as much health and wealth in this world, thus it is a norm that people seek these 2. Just that it should be done in an ethical way

When you are sent to this world, of course you have to enjoy the process of being a human with a mind. Otherwise, what kind of life should one live? Hiding in the house everyday?

Those with unstable emotions are no much different than those who simply see the net profit and make decisions. Both are not quality investors

if forex hits 4.0, aax really stands a chance, no doubt about that. But the question is when?

As far as i am concerned, netx shares only about 1.2b, how did you obtain 2.5b? Mind to share?

I think that kyy is more concerned about or rather enjoying the process of making money rather than the money itself. That is why he is doing it himself

Masteel and lion ind could be the dark horses too

3Q17 will be an important benchmark to determine which horse to lead the breakaway. Whether annjoo with its high margin or ssteel with its high volume will emerge victorious?

They will crash the counter but not now. Now they are taling profit. After they finish taking profit, then they will crash and recollect

Congratz goodluck999.. But i am waiting for rm3 and beyond by year end

Don't know why there are so many ignorants here. The price of subscription of 500m shares by Macq has not been determined !!!

36 sen increase to 47 cent for short term is punting, not investing for tp rm1.90 as you stated

I see meistsk3134 keep jumping counters like alcom and pmetal and keep talk 3 talk 4.. Dunno how much has he earned by jumping around?

meistsk3134, what you mean steel counter same as O?

IF THEY PLAN TO FRY THEN THEY WILL FRY. IF THEY PLAN TO TRAP YOU AND FORCE YOU TO SELL AT A LOSS, THEY WILL DO SO TOO

YOU REALLY THINK YOU DESERVE AND TAKE FOR GRANTED FREE LUNCH IN THIS WORLD??

HELLO ! YOU ALL WANNA BUY IN SO LOW AND PLAN TO SELL HIGH TO REALISE PROFIT.. THEN WHO ARE THE SOCHAIS TO BUY HIGH FROM THE SELLERS?

Haha, no need thank harry sifu so much la.. Dont know where is he when ssteel moves from rm0.60 to rm2.30

Wei Chyi, so can you help to answer my questions or are you just investing in annjoo without knowing them?

Sorry if i got it wrong. But what i read is "As Peter Lynch said, ignore interest rate/currencies/etc... and focus on fundamental story"

If both sales and operating cost are denominated in the same foreign currency, then the effect can be ignored. Otherwise, profit margin will be significantly impacted

Although AAX has come a long way in building its brand, it is still not as established and as solid as AirAsia, in term of its operation. This time around, they are merely defending themselves from being cornered by competitors such as Malindo with its ticket pricing. If they are able to withhold the pressure and maintain or even expand their market share, Malindo will lose badly once and for all with all their additional planes, almost similar to what AAX had done in the past. AAX is not serving a niche market which are insensitive to changesvin ticket prices. Thus, if they try to increase their pricing too much from the current level, they are kinda hanging in the middle, neither serving the privileged nor catching the economic segment, a losing even before going to war strategy

Just that if the exposure to a particular currency is minimal e.g. Usd, then it is acceptable since it is the weakening of usd rather than strengthening of rm

If a company is highly exposed to sales in foreign currency, how can one just ignore the effect of its fluctuation as the actual cash flow from sales and operation will also be affected

The danger to bottomline / profit is the amplified effect when topline / revenue is dropping but operating cost remains constant

A few thoughts lingering on my mind :-
1. Can annjoo utilise both their bf and eaf plant at the same time to maximise production? And will they?
2. It is reported that annjoo had secured their graphite electrode needs for 2018 production at below current market price. Does it mean that annjoo had determined the exact production level in 2018 using eaf?
3. In relation to 2, how annjoo determine in advance which method of production is most cost effective for 2018 having to take into consideration the cost of raw material and energy consumption for 2018?
4. In relation to 2, if annjoo utilise eaf plant, does it mean it will lose its bf plant cost efficiency competitive advantage?

profit increase / decrease is a mutiplier effect of the movement in revenue / cost of sales

but profit percentage drop will be greater

Lets say rm / usd from 4.3 to 4.2, it increases by 2.32%, equivalent to a drop in revenue of 2.32% but your cost of sales remain constant. So your profit will be eroded by the same

No, he won't as KYY always insisted that Xingquan is merely a "good bet"

At the moment, AAX is not looking at profit growth but rather operation growth via a larger market share at the expense of higher profitability. This is in view of a more sustainable operation in the near future amidst heavier competition from its peers. If they manage to win this war over the next 2 years, then they will be the lone survivor and stamp its authority and shall be reflected in a significant financial reward

Over the past 2 years, a significant external factor that bodes well for aax in term of financial result is an appreciating myr in relation to usd which pretty much denominates its operating cost and loan. It is just the perfect time to set up the tone for a stronger ringgit heading towards Q4. If myr can hit 4.00 by Oct and sustainable throughout the quarter then we will see pretty decent profit for aax. If it is not sustainable, then get ready for the roller coaster ride again, up you win, down you lose. As i do not foresee much changes in its ticket pricing strategy, pray hard that myr will do you a favour