My 2c opinion - results not good.
Drop in revenue n profit over last 3-4 qtr.
Will need a boost from new factory in Vietnam - funds raised from RI meant for this

Magni or Prolexus
MPI or Unisem

3450 net profit is excluding forex loss

Last 3 quarter shows drop in revenue n profit

.Q-on-Q comparison - revenue n profit dropped

Latest quarter result out

From year end april 2008 to 2016 net profit climb from 10m to 80m . Growth in net profit Y-O-Y

Read on ILB - venturing into solar. Bought 31hc land in kedah

My 2c opinion
- exclude property sector. Property sector overhang. Eg plenitude has high NTA n cash holdings but growth / profit slowing down. Good stock to hold but may take few years for value to emerge
- consider add in IQ , Prolexus , FLB , ChinWell . I think meet your criteria.

Does IQ bhd meet your criteria ?

Another gem is IQ bhd

Another gem to be discovered is IQ group

Magnitech n BJ Auto are good stocks

Dear calvin good article.

Dear Tradeview your opinion on prolexus ?

Problem is low liquidity. Same with Analabs.

Sorrry posted in wrong place. Good thought that YY is buying into FL

Gadang is a local construction company with no forex hedge.
Companies that benefit from strong usd eg FLB , MPI , ChinWell , IQ , supermax , Topglove , furniture counters etc

KYY buying liihen.

Thank u for this write up

Make money

Ah Boon rather than critizise him can u help us to make by finding some good stocks to invest ?

Ah Boon do u have stocks to recommend apart from the above ?

Dear ah boon after reading your article the impression i have is to avoid the stocks mentioned

Dear ah boon. Is FLB a buy or sell since USD is strong

Only problem is limited capital to invest in so many companies.
Now USD is strong.
Export stocks may do well

WHEN USD IS WEAK SOME SAY SELL. WHEN USD STRONG OTHERS ALSO SA SELL.
CONFUSING ?

USD weak say sell. USD strong sell now ?
Think logically revenue in USD and production cost in RM.

With strong usd this will benefit in terms of higher profit margin. Foreign currency revenue translate into better margin n stronger FCF

Production cost in RM. Revenue in USD. Net cash 85c per share.

When go up one story. When go down another story.
USd 4.13
Without forex losses net proft would be good.
Net cash 85c per share

What other export stocks to look into ?

Some company include others exclude forex losses from net profit and EpS calculation. Eg FLB n ThongGuan
Plz advise

Bought a piece of land in kedah for solar power ??

Results looks good

Can anyone help explain ? Tguan excluded forex loss in Calculation of net profit n eps.
FLB included the forex loss.

Dear calvin ru sure the debt level ?

Can set up telegram group n provide link ?

Dear KC apart from forex gain or losses , if USD strengthens or weakens what is the impact on FLB profitability and net profit margin ?

See latest quarter report

The value is in its stake in KJ and FnB

Queue at 50c

Dear KC since USD has strengthen today 4.11-4 12 what is the impact on FLB ?

Gross profit same but increase expenses n wages

Profit good without forex losses. If USD continues to strengthen the forex losses will reversed and profit margin increase for 2nd quarter 2016

I queue 85c

Any copy of the research report ?

Will buy below 85c

If worried plz dont invest in this company.

Strong FCF. Net cash increased from 75m to 88m or 85c per share. If continue to generate strong FCF the net cash can touch 100m or 1.00 per share.
My 2c opinion. Plz dont scold.