@Adam Lim, you are just kidding right?

D&O rallied more than 100% year to date, today drop 2.8% is consider a lot????

Interesting about Frontken's recent quarter result as compared to the full utilisation of TSMC capacity.

I believe TSMC outsourced the precision cleaning services to others like Frontken as well. From google search there is approximately a dozens of company with similar skill sets globally which at least half comes from Taiwan.

LPI heavily on general insurance unlike Allianz which has 60% of premium revenue comprise of Life insurance.


Compare the car/fire/theft with life, general insurance will be less affected than life insurance during pandemic period with many lost of jobs and biz affected.

Only two foundries able to produce 7nm.

TSMC + Samsung

Choose either Taiwan or Korea

@treasurehunt

What is your take on the FV for Sam?

with tech comparison among EMS players

Yeah ,PP and cashflow impacts will only be known after 2022, I believe this 12-18 mths will be putting the right strategy in place with good orderbooks on hand.

Besides that, upgrading the technology takes time for implementation and is not overnight.

Yes, Covid will likely be endemic.

Have to live with it just like chicken pox.

It spreads fast but you don't need to close the entire district for it.

With vaccination, severe side effects is reduced significantly.

Annual booster will will be trend for a while

Already pandemic period not resolve, now politics, this market will lose its confident from foreign investors.

How many PM change hands since 2018?

Sigh!

Msia can learn from United States on their re-opening of the airline operation.

In fact, now should start re-hiring staffs before year end.

Else they have to give sign on bonus just to attract talents.

@Besafe

Revenue didn't meet the min requirement to graduate to Main Market.

Last quarter for an impressive result.

The laggard in adjusting the ASP by 2 quarters.

A little disappointed with the dividend payout despite higher PAT, was hoping it declare at least 30cent.

What to be dissapointed.

During pandemic period, having all time high revenue and net profit is very impressive.

Q4 result should be out within next 1-2 weeks.

Interesting to know the numbers as numbers eventually speak on its own.

Now that DNEX had fully acquire Silterra, next quarter result should incur the CAPEX of maintaining the Silterra and the impact on its bottom line.

@MiaoMiao7

The article posted earlier.

I do not see any impact to MFCB.

The PPA would already agreed upon between IPP and EDL.

Whether EDL increase or reduce tariff, no relation to IPP.

https://www.theedgemarkets.com/article/microlink-subscribes-2-mil-shares-inari-amertron-rm62m

Don't see any relation with HK market.

Not sure how Stanley Choi feels with the current covid situation in Msia.
Investing on china airline would be a better bet after all.

Well, Brahmal entry in CTOS was around 0.20 in 2014 and he already made a cool 600% return after disposing 40% stake during IPO.

Depends whether CTOS able to continue growing at 20%-30% pa as he envisioned.

He made a smart move to remove CIBI which is the major contributor to overall growth for CTOS in the last 7 years.

Well, another IPO for CIBI later in their home country and we missed that

Nope.

Same private placement announced a few months back.


No takers for the private placements portion.

Largest shareholder Huatian Technology (Malaysia) Sdn Bhd sold 1.5% recently.
Any news or reason?

Had anyone here gone for vaccination?

Do ask the nurse or doctor who vaccinates you?

Question=Do you dispose your glove for each patient you vaccinate?

This is G7 contractor.

Now still unable to start work.

MCO is here to stay at least till end of 2022.
The description will either be CMCO, RMCO etc
To wait for next GE in 2023, that's a long wait.
Time waits for no one.

Even assuming 30% growth in bottom line next year, it still trade forward pe=60.

The most expensive as compared with larger peers in the credit reporting universe.

Interesting to know if it can still grow in the next 3-4 quarter without CIBI in this IPO.

Looks like this time major shareholders will have to play their part.

Tony & Kamarudin, followed by the chinese gambler,Stanley Choi, ASB and Urusharta Jamaah(aka Failed LTAT) represents 42% ownership.

Anyone knows if D&O is into OLED?

Pandemic period is definitely not a friend to construction, property and highway concessionaire.

https://www.cnbc.com/2021/07/08/five-vaccinated-countries-with-high-covid-rates-rely-on-china-vaccines.html

@RJ87, You should compare Dufu with Notion or JCY within similar universe.

The closest for MFCB is YTLpowr & Malakoff of similar size & nature. However slight difference between Hydropower & Thermal powered plant.
Can't recalled any hydropower listed company except kpower but not comparative due to it's RE segment-solar pv is allocated higher PE.

But MFCB is not pure play for energy generation as it has other income generators. If the packaging biz grows to sizeable portion, it can be valued under conglomerate style or holding company.

Thus it would be better for them to spin off the energy biz to get better valaution.

Yup, so sad to see Msia having more new Covid cases comapred with US with population of 300mil

MFCB provides stable income over the period of the concession for the hydropower and the packaging biz offer some extra growth prospect to the counter.

In short it's a dividend yield counter and don't expect it to grow 100% in share price annually unlike previous years as the hype of the hydropower anticipated earnings had materialized.

Unless, there is new catalyst like building a new hydropower or buying a packaging biz or new biz venture that offers 50% to 100% increase to top line and bottomline annually, nothing will much the share price tremendously.

Those wise investors would have entered the counter between 2014-2016 and now receiving dividend yield of 12%-15% p.a. on top of their capital appreciation.

https://www.theedgemarkets.com/article/semiconductor-players-warn-major-industry-impact-if-ee-ops-not-allowed-operate-under-emco


Previous MCO in 2020 , E&E operated right?

Why now cannot operate?

Any idea or new why EPF paring down stakes from 10% till now.

@telurgoreng , totally agreed.

Many of them here not from the generation of what happens to Enron and Arthur Anderson.

So they have no knowledge of stocks of billion dollar market cap can become zero.

Enhancing a high foundry is not done overnight.

If you want to see it grows in value, 3-5 yrs time and depends on the amount of money injected from right partners.

Look at big foundries eg:TSMC & Samsung, their capex per yr is at least USD10 bil per annum.

Yeah, Silterra is old tech with 20nm to 110nm, still need at least 10%(USD 1bil p.a) to stay relevant.

That's why Khazanah bow out.

@glovefinish ,basic principle Law of supply and demand.

Just like Enron guys, after years of legal action only admit mistake.

Here' the court transcript:

"Sir, you have a long list of people to blame for Enron's collapse, and it gets longer and longer as you testify. And your list of people to blame and events to blame did not include yourself, did it, sir?"

https://www.theguardian.com/business/2006/may/03/corporatefraud.enron

Finally, we know that Webank from Tencent is not collaborating with Gpacket.

Still have many ppl putting their head into SD while SD is on chopping board.

Individuals with better visibility like directors already left or sold their shares eg: DATO' AWANG DAUD BIN AWANG PUTERA, HASMAN YUSRI BIN YUSOFF,ROZILAWATI BINTI HAJI BASIR,SHARIFAH IRINA BINTI SYED AHMAD RADZI, MASLEENA BINTI ZAID and TENGKU HASMUDDIN TENGKU OTHMAN.

Compare DNEX with Globalfoundries.
Any hope?

https://www.forbes.com/sites/tiriasresearch/2019/09/17/globalfoundries-change-in-strategy-pays-off/?sh=5129f36d1d37

@willc48

Please be respectful of everyone here.

Only the illiterates or unlearned, will make such comments.

Company burning cash as MCO continues. Low footfall and early closure time not helping.


Even during non-MCO period between february-april don't provide much to the bottom line.

Likely private placement or rights issue by next quarter if they want to target 30-40 CU stores by year end.

Harta moving towards pre-pandemic price level of below RM6.

Demand for gloves normalizing, a good sign that smaller new players will eventually struggle and go out of biz.

I think Serba made the wrong move of firing KPMG.

Using KPMG as existing auditor will only focus on items identified earlier.

Putting EY into the spotlight, is like giving additional pair of eyes to look from different angle and more dirt or skeletons maybe identified in the process.

Hopefully, MCMC will give green light.

The key approval for this is the Competition Act 2010.

Buy back when the dust settles for glove sector.

Though on normal days, glove counters are boring with little dividend and low volume.

It's only exciting this round as the aspect of ASP surge 350%.

Else with pre-pandemic ASP, nitrile glove are sold USD17-USD22 (per 1000) depending on product types, hardly catch anyone's eyes.

ASP at that range only gives profit margin from 9%-15%.

@pjseow

Most glove makers had huge dependency on US market, abt 50% revenue derived from there. Looking at US recovery from Covid, demand is already reducing monthly, couple with lower ASP month-on-month, it's not helping as well.

Though you can still keep Supermax in the long term, >5 yrs, fundamentally sound.

PBB probably got in during the IPO price of ard 40 cent(adj for bonus issue)

Customers benefit the most out of these merger by enjoying telco towers capacity and coverage from 2 companies.

Besides that, due to synergy, mobile data and call plans will be cheaper by 10%-15%.

Thus, there may be will substantial migration of customers from Maxis to Celcom-Digi, due to better coverage, cheaper plans and efficient operations.

Normally, in merger expect some layoff, but in view this merger does not involve that, existing staff will be more motivated and to prove themself better the incumbent staff coming in from another telco.