https://www.nst.com.my/business/2022/03/780458/supermaxs-eps-forecast-lowered-affin-hwang-reduced-margins

https://oilprice.com/Latest-Energy-News/World-News/EIA-US-Shale-Production-Set-For-Big-Jump-In-April.html

@BennyWhittman
Look at the dates. Have you mistaken?
https://www.nst.com.my/news/nation/2020/03/575180/14-day-movement-control-order-begins-nationwide-wednesday

@BennyWhittman
While you are enjoying your CNY in 2020, will you even have the slight knowledge of what will happen to crude oil prices a few months down the road?

@value_seeker
Your theory hold true if crude oil stays above USD70pbl.
Fyi, in 2020, crude was below NEGATIVE USD30 pbl.
Volatility is the name of the game.
Nothing is for sure and guaranteed.

https://finance.yahoo.com/news/broadcom-inc-announces-first-quarter-211500680.html

No IPO proceeds to pare down borrowings?

https://www.theedgemarkets.com/article/farm-fresh-sets-ipo-price-rm135-share-valued-36-times-fy21-adjusted-profit

Any idea if the drop is related to it's previous news on establishing a subsidiary in Germany as announced in Oct 2021?

A little close to current ukraine-russia conflict.

The tech theme is dragging the O&G attraction for DNEX.

Wish they carve out DNEX-O&G, it should perform better on its own.

Vice versa when O&G theme subside, at least it would drag tech theme.

2021 vs 2020
Group pre-tax profit rose 38.6% from RM389.3 million to RM539.6 million, in part due to
RM122.0 million share of profit in joint venture. Excluding the share of profit in joint
venture, pre-tax profit grew 7.3% to RM417.6 million
The share of profit in joint venture was boosted by the Group’s share
of unallocated bargain gain arising from Edenor’s acquisition of EOM and ESC.

Will the price for metal silicon normalize back to pre-pandemic levels of 15k Yuan per tonne and below as compared to currently over 60k Yuan per tonne?

Something similar to glove ASP price?

Anyone can give some comemnts?

You are commenting in the wrong forum.

Putin wakes up in the morning will need a cup of coffee before strategizing in the command centre and it's definitely not starbucks.

Raw materials that goes into solar panels are also surging due to supply chain disruption.

https://www.power-technology.com/features/solar-price-raw-material-costs-shortage-silver-polysilicon-aluminium-steel-copper/

The company is better off using the cash to pay off its almost 200mil of debts and pay higher dividend % than share buy back.

CEO ,Ding tai Luk interview, more than 100 stores permanently closed during pandemic period.

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/mynews-turning-things-around-247

Everyone waiting for good news for replenishment order for EV segment since June 2021.

@myinvestor

Why your numbers are different from IB?

https://klse.i3investor.com/blogs/kenangaresearch/2021-12-20-story-h1595689431-Supermax_Corporation_Venturing_Into_US.jsp

Initially, most people bought in for the completion of the hydropower plant which will generated steady stream of income for dividend.

However, management seems to have other plans of making use the strong cashflow for renewal energy, Stenta and now Oleochemicals.

MD already commented gains will be deploy back to biz.

YTL Power group managing director Datuk Yeoh Seok Hong (pic) said the disposal allowed the company to realise gains from a mature investment, optimise the balance of assets in its business portfolio and increase the flexibility to deploy its cash reserves towards viable new ventures that complemented its existing businesses.

Surprise that major shareholders not acting to buyback own shares since the company is very optimistic with their EV plans.

@Kenokaya

Next dividend likely to be declared in April.
If have extra money can top up.

TF will have hard time try to appease his investors that he persuaded to invest in AA.

With this classification, he will need to restructure his company's finances before year end 2022 to convince Bursa to reinstate back it's status.

@treasurehunt

I'm a long term investor.

I'm in this forum to spend time with the investment community here.

It keeps my mind occupy.

@treasurehunt

You can do your benchmarking method. Nothing wrong with that.
Everyone used different key metrics to evaluate.

Well, what I can tell you is to put a reminder in your phone and revisit this message at 2025.

I believe by 2025, UWC market cap would have surpassed Rm10bil.

I hope you will remember to prove me wrong as I had been investing more than 20 years, I have learn and pick up many things.

Wow, I thought they will be able to get their appeals to avoid being classified as PN17 since there's funding and private placements proceeds successfully.

@treasurehunt

It's not a bubble. Know the difference between tech bubble or dotcom bust in 2000 vs today 2022. Though, you may not be born yet.

It's just consolidation in reaction to expectation of rising interest rates globally may hurt tech companies with high valuations based on future profits. Higher rates means that future earnings are worth less today.

This statement will be true when a company has interest bearing debts.

Thus, choosing a fundamentally strong company is important to journey through the cycle.

Just to let you know, there are many cycles of ups and down throughout less the many decades, and you don't see Bill Gates dumping Microsoft because of interest rates rising or see Larry Page selling off his Google shares due to Nasdaq collapse.

@ken2004


EPF is a massive cash generator. They are able to keep good equity for decades which you can see especially the top30 KLCI components.

As at end June 2021, the EPF’s investment assets stood at RM989.14 billion, of which 37% was invested overseas. In Q2 2021, overseas investments generated an income of RM8.71 billion.

The high crude oil price of USD80 pbl remains the critical issue for AA.

The other is the border reopening for Msia and AA destinations.

@brendancollin

Results already out. No reserve listing unless they changed their numbers published which is unlikely.

https://www.tiih.com.my/content/press_release/712_pressRelease.pdf

Malaysia plays an important role in the global semiconductor supply chain, with about 7% of total global semiconductor trade flowing through the country.

https://www.theedgemarkets.com/article/sector-year-ev-wave-global-chip-crunch-fuel-tech-rally

@ken2004

EPF has many different funds.

It depends on each fund manager to invest.

As EPF needs to declare dividend annually, I believe their strategy is investing equity, REITS, MGS, corporate bonds,etc.

Inari offers good dividend yield and moderate capital growth. Rarely tech stock offers good dividend yield, which confirms Inari's ability to generate high free cash flow, which is good.

It meets EPF criteria.

@Loh Kok Wai W

What's you style and what would you advise?

@Loh Kok Wai W

Do take a step back and analyse what you commented.

Glove is a long term need for major healthcare industry. The fact that it has a massive rally last year is due a ONE OFF pandemic effects and this type of pandemic of this magnitude is once in 100 years.
Thereafter, it will fall back as demand reduces + spot prices not required and ASP drops back to pre-pandemic level.

Tech on the other hand depends on the company's innovation and technical know how. Many tech companies do fail if they do not innovate and the tech growth into more complex offerings for customers.

Can't really say much about Genetec as it's massive really is merely a EV theme play. For Genetec to continue to stay at this price and grow, will really depends on the orderbook that EV and car manufacturers looking for EV factory automation line assembly equipments. So far, not replenishment of order book since June 2021, high probability, this counter may be just another fad.

@Ryan83

China is top notch in managing COvid-19.

Whole of China currrently has less than 300 cases.

Besides that, they also produce gloves and are our competitors.

That is why the top 5 global glove manufacturers export at least 70% of their product to US and Europe.

The high crude oil price of USD80 pbl remains the critical issue for AA.

The other is the border reopening for Msia and AA destinations.

@gloveisking

Will not have any impact to Frontken as TSMC biz is massive relative to Frontken's contract.

Only impact towards TSMC in their planning to expand capacity in next 3-5 years since EUV compoenents were affected in the fire.

Need more detail to know more about the Thai JV, pending feasibility study and MOU timeline.

Nothing much.

@Yeo Soon Qion
@sammyramon

Well, you can sit and wait till it reach your target.

It's very unlikely to have that sharp drop with the current fundamentals and huge future prospect of the company.

Probably after bonus issue.

Well, at least still have good news from China which is good for Inari's JV.

https://www.theedgemarkets.com/article/china-surpasses-taiwan-global-chip-sales-says-sia

@Foker

Only 6,000 shares , how to profit almost rm5k?
1,000 share= RM280

Posted by Foker > Jan 11, 2022 3:06 PM | Report Abuse

Net profit around RM 5040. Can eat Shangrila for CNY

Duke phase-3 SPE not completed yet.

Jamie Dimon will definitely love more rate hikes. Better margin for his banks.

Bad for high growth, high PE counters like tech and start ups.

So far there is no new contract replenishment since June 2021.

Thus, no catalyst to drive the rally further.

Besides that, it's possible that the EV contract is ONE off, not recurring item.

@newguy0801

Very much depends on the sentiment of the market.

On listing day if tech stocks are in correction mode and tech index is down 10%, most stocks will not be spared.

You can only pray on that day is good day.

https://www.thestar.com.my/business/business-news/2020/07/08/airasia-group-says-triggered-pn17-but-wont-be-classified-as-such

@Ron90

Yes, healthcare companies will continue to purchase gloves but NOT AT SPOT PRICE and low ASP price.

That's the difference between now and 1 year ago.

@nobodybutsomebody

Yes, future.

The future is Intel's investment of USD7 billion in Msia will benefit orderbook on areas like test equipments for chip processor for data centres and others such as motherboards, ethernet products, chipsets, etc.


https://www.cnbc.com/2021/12/16/intel-to-invest-7-billion-in-new-malaysia-plant-creating-9000-jobs.html

Not much different as RM3 or RM40.

Just the no of shares changes from the bonus issue 12 for 1.