few factors include the resin price, inventories written down, taxation, etc.

Honestly, i was choose prolexus over magni in past few years, but then i regret and leave behind prolexus and go to magni. i feel happier with magni now.

notice of AGM announced a bit earlier than I thought

The future of FRONTKN is rely on semicon sector rather than oil and gas sector.

if I have any relationship with him, I think I won't have the stupid idea to sell all my scgm shares back in 2014.. I'm truly regret on my decision. Now I'm one of the long term share holder in the company won't simply let go of the share anymore.

im just an ordinary investor like you stockmanmy. i follow and read all related news from the company, you can read some from the comments above too.

Current quarterly result doesn't give any surprise is reasonable. If you trace back the news few months before, you will find the clue that this quarterly result will not get you any surprise.

What make the investors excited to the company is that the demand of the lunch box getting higher recently, the sales is constantly increase over the time. But let's look back what happened in the few months back:

At the early of 2016, the production lines almost reach the maximum capacity, the company has decided to expand the business by constructing another factor to increase the capacity to 62 million kg per year which is 1.5 time increase from the existing capacity 25 million kg per year.

By the time the company looking for a place for the new factory, the company also decide to temporary rent a place near by, house the machine to increase the production to meet the demand before the new factory take place. The rented 20000 sqft factory was capable to increase the production capacity to 36 million kg per year which is 44% increase from existing capacity. By the time December 2016, the company mention that there are 1 extrusion machine and 1 thermo-forming machine operated in the rental factory, and the company plan to house 1 additional extrucsion machine and 3 thermo-forming machines in short term, meaning that in Dec, the rental factory is only have 1/3 of it's full capacity. In Feb 2017, the company mention that the production capacity already reach 33 million kg per year, which is 92% of the total capacity (36 million kg per year).

The latest report is for the quarter between Nov 16 and Jan 17, which the rental factory have yet been fully utilized. For the next quarterly report, we shall see the true result that the company can perform with the current facilities.

Meanwhile, the company did mention to increase the sales price by 10% effective on 20 Dec 2016. By that time, the company's orders backlog was 2 months, meaning that the customer order today will get the product ready to deliver after 2 months. So the 10% increase in sales price should be only will affect the revenue 2 months later which is Feb 2017. Although the increasing of the production capacity may affect the orders backlog, but i believe that in the current quarter report that didn't affected much.

Personally, i will hold it for now and wait for next quarter result. Current PE is a just too high. And should not expect too much in dividend since the company need money for the new factory

I suspected ppl don't read the announcement correctly.yeah, drop more i want grab at lower price.

grab it wgen low. frontkn just done a nice job to dispose lose money subsidiary company. profit of coming quarter will be better. d(^_^)b

very bright future for this company. just give it some time, reform need time, new business need time too. cleaning is very important process in semiconductor manufacturing. and semiconductor market is growing time to time, the market will keep growing. i believe one day there is high tech home, living style like in the movies, everything will build in chipsets. as now we already have tablets, smart phone, smart tv, in future we will have smart car without need of driver, google glasses, etc, all these required chipsets. buy and keep for long term. wont regret.

time to collect.

EGM ended super fast..

yeah, going to attend the EGM :)

worst quarterly result since 2008-12.. so much disappointed.

ic. then we just waiting for good news. :)

oic, tq henry.. brendonyeap, where u get the info??

no announcement regarding to MUFG these days. seems like they stop dispose AEONCR. :)

moving up..

i conxern on MUFG actions is because it is the major share holder with 5% of aeoncr share. if it wan to clear off the aeoncr share, it will take a long time to dispose 7m of units, or it may affect the share price if dispose in huge volume ay once. from starting of june, MUFG still slowly dispose, i hope it wont suddenly dispose huge volume.

dividend exdate push the price? hm.. hope the uptrend continue even after dividend. by the way, i wonder why MUFG keep dispose AEONCR share? already disposed 1m units of shares since 2/6..

announced new dividend policy, not less than 40% of annual earning attributable to share holders. and distribute twice dividend per year. effective on new financial year.

hm.. i guess is ur calculation got mistake.. where you get the value from?

10 sen dividend. hehe, how nice. :)

this company is good for long term invest.
if you can check the detail report of acquisition SGLSB, you will find that it worth to invest for long term.

SGLSB own a palm oil land with total size of 789 hectares, 630 hectares already planted with palm oil, 50 hectares plantable reserved, and the rest for road, building, etc. The age of planted palm oil trees are around 4 - 7 years old. Expected in 2017 when most of the tree matured, these palm oil will generate around RM5 to RM10 million revenue (after process into CPO) to MBL.

ACQUISITION BY MBL PLANTATION SDN BHD (“MBLPSB”), A WHOLLY OWNED SUBSIDIARY OF MBL, OF THE ENTIRE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF SOKOR GEMILANG LADANG SDN BHD (“SGLSB”) AND NOVATION OF THE SUM OWING FROM THE CREDITORS OF SGLSB TO MBLPSB FOR A TOTAL CONSIDERATION OF RM24,750,000 TO BE SATISFIED BY CASH (“ACQUISITION”)

This announcement is dated 13 February 2014.

The goodwill is come from the acquisition.

suddenly high volumn..

old fork, my watch list is always shared.. but i dun like any comment there.

there is not risky to invest here by now, just whether worthy or not. i personally think karyon is good at RM0.42 as per now in 2014. it is good to prove that im wrong about karyon's potential. i loss nothing even im wrong, it no longer in my portfolio. happy trading.

yes. and looks good.

well, what i looks into is just fundamental of the financial, business direction and management actions. whether im 馬後炮 or not, maybe you can write down the price of aeoncr, opensys and mbl today, and see what happen on same date next year.

well, whatever you say. i was watching inari since it was aroundRM0.80. that time it was undervalue. just like karyon in 2012.

Hopeman, not that i disagree with you, but our investment strategy is different. for me, i would not want to wait and hope for miracle. we cant predict what will happen tomorrow, it can be better or worst. price of karyon already good as it worth by now.

why i say cant compare inari with karyon, inari is very aggressive company, you can see the net profit grow over 100% from FY 2012 to FY 2013. this happen before take over amertron. and with just 2 quarters after join with amertron, the net profit already over the total net profit of FY 2013. the grow rate is super. that why the price can shoot up that high.

if you look back to karyon, the net profit grow rate is slowing down, until FY 2011, the company still maintain grow around 30%, but FY 2012 dropped to 13%, and FY 2013 drop further to 8%. all these was claimed that due to decrease of selling prices of the product (polymeric and oleochemical). but who know when the price will coming back?

dun compare KARYON with INARI, these 2 companies different situation. If you look at the profit earming and business expansion, INARI work better, so it can shoot high to RM3.00 easily, because it worth that price in near future, but KARYON cant hold above RM0.42 in short term, the profit earning rate not support it to fly high, unless the business grow higher in near future. but bear in mind, INARI is higher risk compare to KARYON. happy trading.

well, whether is high or low is very personal, for me, karyon consider high price. this is not just because the PE. i also consider other factors. karyon is not a super star company, the business grow is steady but slow and not impressive. dividend paid is good but not very high also. yes the company have reduce the debt over the years and now is almost debt free. but we get nothing if the company do not use the cash wisely. still have to see how the management plan for coming years. there are plenty of companies out there better than karyon and with low price. as an investor, i will just keep my eyes on karyon at current situation, wont try to invest until it really worth. i was accumulate karyon since 2012, that time the price really attractive, but now i already sold 90% of the shares i have. karyon is a good company, i really appreciate the profit gain from it over the years, but as an investor, we always seek for better opportunities, karyon was yesterday, but not today..

honestly, karyon already high price base on the earning per share. the price wont go too high even promoted to main board.

too bad for the quarterly result. but maybe is a good chance to buy more at lower price. Accumulate below RM0.90. hehe

i will keep holding this, since is still undervalue, and the dividend is promising. the company done very well in increase the profit margin over the years. i think can still can hold and see how the company doing for next quarter.

buy more before price go up. hehe

and yet, dividend payout will not record as expenses, it wont affect net profit.
the major increase of the expenses is categorized as "Other expenses" in the income statement, the value double from previous quarter. but the company did not mention in detail what is the other expenses.

for dividend, the share price adjusted on ex-date not entitlement date. please do not give the wrong information

huat ar!!

report come out edi, business grow very stable ^^

0.5sen wont make any different..

RM0.50 per 100 units.

karyon dividend quite nice, i start accumulate since last year november, average price 17.8 cent, get 3 times dividend total up 1.4cents include this 1. dividend yield 7.8% in just 1 year. :D

0.5cent and half cent got different? lol

dividend 0.5sen again, yes :)

starting expand the business, profit start grow, no loan, low liability, undervalue. nice :)

they also not sure when will done the promotion process.. 2 months is just estimation only. may take half to 1 whole year also possible.. As long as the company still good, no worry to keep the share :)

watch closely