tapdance

tapdance | Joined since 2017-06-05

Investing Experience -
Risk Profile -

Strong opinion, weakly held. Open-minded, Decisive, Flexible and Competitive. The channel is to share my discovery of less-covered news / investment ideas. Does not constitute an offer to buy / sell

Followers

2

Following

10

Blog Posts

16

Threads

88

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
88
Past 30 days
0
Past 7 days
0
Today
0

User Comments
News & Blogs

2020-05-12 15:53 | Report Abuse

Slow and steady up trend... Nylex is still below chart-ist(s)' radar.

News & Blogs

2020-09-12 18:34 | Report Abuse

There are those who focuses on the future, and those fixated on the past.

Stock

1 month ago | Report Abuse

There are only really 3 key questions to ask here. 1) Nylex's current sustainable earnings? 2) Is the sanitizer demand here to stay? and 3) are those value reflected on price yet?

News & Blogs

2020-05-11 12:34 | Report Abuse

There are only really 3 key questions to ask here. 1) Nylex's current sustainable earnings? 2) Is the sanitizer demand here to stay? and 3) are those value reflected on price yet?

Stock

2020-05-11 12:29 | Report Abuse

There are those who can see the future vs. the ones that can only reminiscent the past - and usually regretting their past decisions.

Stock
News & Blogs

2020-05-06 16:54 | Report Abuse

The next quarterly announcement should show some decent improvement driven by ethanol demand

News & Blogs

2020-05-06 16:02 | Report Abuse

Can someone pls tag this post to Nylex, thx

News & Blogs
Stock

2020-03-20 11:12 | Report Abuse

Anyone knows how long was the plant maintenance shut down for (in early 2020)?

Stock

2020-03-18 16:50 | Report Abuse

Cash earmarked for mega Indonesian plant?

Stock

2019-05-21 11:09 | Report Abuse

Share price is reacting strange. Bet something negative has happened in Don Sahong.

Stock

2019-03-29 09:43 | Report Abuse

Did it before in Nov-2018

News & Blogs

2019-03-11 13:44 | Report Abuse

MFCB's Don Sahong is a hydro which generates substantially better IRR.

Stock

2018-12-27 11:32 | Report Abuse

From AGM, management refuses to monetise the hospital land wasting RM30m capital but instead tabled a resolution to issue shares (did not propose this last year). Dodgy to say the least???

Other than saying the CEO works very hard, nothing specific to back it up to justify his exorbitant income while company sufferance loses. Interestingly, they brag about cost reduction...

Sometimes I wonder how one defines scam.

Stock

2018-10-02 15:44 | Report Abuse

Contrast with the co.'s shareholders' profile, could only imagine that something really nasty has happened to have caused such heavy sell-down.

Stock

2018-07-12 10:47 | Report Abuse

Does the Japanese flood affects log/plywood pricing and demand?

Stock

2017-11-30 11:11 | Report Abuse

He has not disclose at bursa yet?

Stock

2017-10-19 10:52 | Report Abuse

lawsuit? what about it?

Stock

2017-10-19 09:50 | Report Abuse

last quarter made 50mn only, coming quarter write-off -60mn???

Stock

2017-10-19 09:48 | Report Abuse

60mn write-off!!

Stock
Stock

2017-08-11 07:42 | Report Abuse

Hi can any shareholders please proxy me to attend the coming agm? It's past cut off date now, can't buy shares to attend.

Stock

2017-08-02 10:02 | Report Abuse

Isn't the timing of launching the call warrant strange? Just wondering

Stock

2017-08-01 15:03 | Report Abuse

KYY's strategy always work. It works for him/himself, not his followers. He will come out and shout again after the price has stabilize somewhat - which is after he'd collected more. ... it goes on and on.

Stock

2017-06-22 22:54 | Report Abuse

Point 5 - that is assuming management does not want to accept KYY's reps so he has to call for EGM

Stock

2017-06-22 22:50 | Report Abuse

I acquired Jaks shares just to attend the meeting sensing that it could be juicy. Rightly so, the meeting was unorthodox. If business is on auto-cruise, perhaps the zero presentation could be explained away. Given Jaks is at a critical stage executing a project that could potentially solidify its future (or not), it is simply unacceptable to not keep the shareholders abreast of the latest development during an AGM. Including the manner of which the queries were handled by the board, one can quickly conclude the sub-par quality of the management.

Nonetheless one should also be reminded that Jaks' business prospect is of better quality than the management (strange?). Say all you want - securing a solid partner for a power plant venture in a power-thirst country - Vietnam, is commendable. From the construction revenue of RM 1.65bn, Management said construction profit should be ~RM 350mn for now until FY19 - versus latest quarterly ebit of only RM 9mn (or RM 115mn vs. RM36mn annualized). A whooping 220% increase.

It is also fair to note that majority of the construction profit should be accounted in late FY18 and 19. And after-which is the power plant profit. By then Jaks has plant itself as a utility company in a promising geographical region deserving a change of appraisal.

Additionally looking at -
1. the heated discussion of KYY and the (incompetent) board and,

2. taking into consideration that KYY is keen to send 2 representatives into the board,

3. plus his existing significant ownership in the company puts him in quite an advantageous position and,

4. the likelihood of minorities supporting KYY (and he knows it) so he can revamp the management (it can only be better)

5. therefore chances are there will be a proxy fight (e.g. EGM)

etc etc ...

So, what is going to happen to the share price if these happen?

Stock

2017-06-21 22:05 | Report Abuse

Not saying it will affect local refinery margin; but would be one of the things to keep an eye on.

Stock

2017-06-21 21:56 | Report Abuse

To whittle down the surplus weighing on the domestic market, analysts expect China to export refined product, putting more pressure on a well supplied global markets.

"China will have to export product... onto Asian markets, which given demand conditions regionally does not appear particularly constructive," said Harry Tchilinguirian, head of commodity strategy at French bank BNP Paribas.

http://www.reuters.com/article/us-china-oil-demand-analysis-idUSKBN19C168?utm_source=Sailthru&utm_medium=email&utm_campaign=US%20Reuters%20News%20Now%202017-06-21&utm_term=US%20Reuters%20News%20Now