ya.. stupid mbb ost... only inform system down but no give solution to customer now...

bank always release new TP after the reshuffle..... fxxker...shark

Kossan Rubber Industries - ASP Lift-off
Source : KENANGA, Price Call : BUY, Price Target : 11.20

congrats to those who buy cheap at earn 10% in 10 secs this morning

https://www.theedgemarkets.com/article/leong-hup-acquires-bakers-cottage

https://www.klsescreener.com/v2/news/view/683837

KUALA LUMPUR (June 1): Regional poultry producer Leong Hup International Bhd (LHI) has acquired the entire equity interest in food manufacturer and distributor The Baker’s Cottage Sdn Bhd (TBC) for RM17.94 million.
Its wholly-owned subsidiary Leong Hup (M) Sdn Bhd bought the 43.43 million shares from Emerging Glory Sdn Bhd, which is owned by LHI executive chairman Lau Chia Nguang, his brothers and their nephews who also sat on LHI’s board, the company said in a filing with Bursa Malaysia today. 
Leong Hup (M), through unit Leong Hup Agrobusiness Sdn Bhd, also inked agreements today to acquire TBC brand bakery business from Astaka Shopping Centre (Muar) Sdn Bhd for RM1.53 million and TBC retail business owned and operated by Poly-Yarn Industries Sdn Bhd for RM862,126.
Astaka owns and operates six outlets in Johor, Melaka, and Negeri Sembilan while Poly-Yarn Industries owns and operates three outlets in Selangor.
“The proposals will allow LHI to own the Bakers Cottage brand and integrate vertically downward to capture incremental value added from its poultry-related product sales and provide margin stability in times of live broilers supply-demand imbalance,” LHI said.

Midnite

Can share Macq link please?Appreciate it.

Macq TP RM20.50
MBB TP RM20.00

it's very hard to develop vaccine. as the covid virus keep mutant. and need to make sure little side effect. and need to make sure the vaccine can suit majority people.

even like the HepA, HepB. you need to inject many times.
some people inject Hep vaccine but body cannot build antibody. some last only few weeks or months. some will get fever, vomit...

Because every individual reaction to the vaccine is unique... it is very complex

TerrenceLim , sorry for you. because you didn't check properly what is the premium % that you buy in........

Supermx must add oil tomorrow !!!!



Careplue = PE -ve (Today limit up)
Comfort = PE 74
Kossan = PE 51
Ruberex = PE 111 (Today limit up)
Supermx = PE 77
Topglove = PE 106
HLT = PE 97 (Today limit up)

Esceram = PE 40 Today up 50% (Glove former)
Luxchem Almost limit up....
Samchem ... up 14%

Kenzotaj , I watched the webinar today! More confident now. the higher ASP for the next few months is already inside the order book. So it is a confirmed sales order... Eg. the the customer want the stock in November, they already paid for the agreed higher ASP and deposit

Maybe the shark want to kick out some warrant player?

Director has been collecting since April (avg around 1.00) and Mayb (avg around 1.5)
So I think they average price is around 1.30 now.
Which is the support line.



Date of change Shares Director/
Substantial Shareholder
28 May 2020 Acquired
100,000 MR CHEW BEN BEN
28 May 2020 Acquired
100,000 MR CHEW BEN BEN
28 May 2020 Acquired
100,000 DATO' HAJI RAZALI BIN MOHD YUSOF
28 May 2020 Acquired
100,000 DATO' HAJI RAZALI BIN MOHD YUSOF
20 May 2020 Acquired
10,000,000 DATO' HAJI RAZALI BIN MOHD YUSOF
20 May 2020 Acquired
10,000,000 DATO' HAJI RAZALI BIN MOHD YUSOF
20 May 2020 Acquired
10,000,000 DEMI MEKAR SDN BHD
20 May 2020 Acquired
10,000,000 ENCIK AZLAN BIN ABDUL KADIR
28 Apr 2020 Acquired
19,600 MR CHEW BEN BEN
28 Apr 2020 Acquired
19,600 MR CHEW BEN BEN
27 Apr 2020 Acquired
70,400 MR CHEW BEN BEN
27 Apr 2020 Acquired
70,400 MR CHEW BEN BEN
21 Apr 2020 Acquired
10,000,000 DATO' HAJI RAZALI BIN MOHD YUSOF
21 Apr 2020 Acquired
10,000,000 DATO' HAJI RAZALI BIN MOHD YUSOF
21 Apr 2020 Acquired
10,000,000 DEMI MEKAR SDN BHD
21 Apr 2020 Acquired
10,000,000 ENCIK AZLAN BIN ABDUL KADIR
17 Apr 2020 Acquired
2,500,000 MR CHEW BEN BEN
17 Apr 2020 Acquired
2,500,000 MR CHEW BEN BEN
15 Apr 2020 Acquired
60,000 MR CHEW BEN BEN
15 Apr 2020 Acquired
60,000 MR CHEW BEN BEN
14 Apr 2020 Acquired
30,000 MR CHEW BEN BEN
14 Apr 2020 Acquired
30,000 MR CHEW BEN BEN
10 Apr 2020 Acquired
653,800 MR CHEW BEN BEN
10 Apr 2020 Acquired
653,800 MR CHEW BEN BEN
08 Apr 2020 Acquired
250,000 MR CHEW BEN BEN
08 Apr 2020 Acquired
250,000 MR CHEW BEN BEN

I think some of the trader move to other gloves. The focus is spreaded. But I believe they will come back because this is the good counter with strong FA

I collected more to average my price...

just finished watching ZOOM live (12pm - 1230pm) interview with MBB IB - Lee Yen Ling (the analyst who forecast RM20). I think afternoon session will FLY !!!!!!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3047180

The Company wishes to announce that following the Movement Control Order (“MCO”) imposed by the Government of Malaysia effective from 18 March 2020 to 12 May 2020 under the provision of the Prevention and Control of Infectious Diseases Act 1988 and the Police Act 1967 to curb the spread of the coronavirus (“Covid-19”) infection in the country, the audit of the Financial Statements for the financial period ended 31 December 2019 (“AFS”) of the Company was affected and therefore, the AFS could not be finalised in time for inclusion in the Annual Report 2019 for issuance within the stipulated deadline of 30 April 2020.



In view of the above and following the announcement by Bursa Malaysia Securities Berhad (“Bursa Securities”) on the extension of time of up till 30 June 2020 for the issuance of annual reports which are due by 30 April 2020 and 31 May 2020, the Company will therefore utilise this extension of time granted by Bursa Securities and will ensure that its Annual Report is issued latest by 30 June 2020 as granted by Bursa Securities on the basis that the MCO is uplifted within the time frame as announced.



The Company has also submitted to the Companies Commission of Malaysia pursuant to Section 340(4) of the Companies Act 2016 its application for extension of time to hold its Nineteenth Annual General Meeting (“19th AGM”) at a date no later than 28 September 2020.



The Board of Directors of the Company will determine and announce the appropriate date to hold the 19th AGM of the Company and the issuance of the Annual Report, Corporate Governance Report, Notice of the 19th AGM to shareholders in due course.



This announcement is dated 29 April 2020.

EPF like contra this counter.. price everyday like sleeping... I like lack of shark come to push, market money all in glove now

go see my comment in supermax... I think is the system... many counter has sudden gap up or gap down... all happen at the same time. definitely is system lag

I'm very sure the system has problem. if only supermax, maybe 'shark'. But I check back my other counters, myeg, dsonic, harta, supermax, topglove... either gap up or gap down in the last trading. and my internet clock time doesn't tally with maybank OST internet clock... lagging 10 mins.

and my m2u OST (eforce) internet clock got problem too. it show 10 mins lagged.... I think last trade time has problem causing the delayed...

sounds like system crash and price delayed to cause drop 28 bits...

Summary for today, SUPERMAX take a rest tomorrow continue to sprint. I'm holding COMFORT too. Congrats to the brothers who hold CAREPLS and RUBEREX, TOPGLOVE is chasing up. HARTA and KOSSAN please wake up

if limit up today, is the probability is higher for tomorrow to gap up?

ainsakinah, I can only say... because kossan didn't take care of investor, to maintain at lower ASP

rubberex comfort careplus . wow

in manufacturing, it's normal to see some defect once a while. we don't live in a perfect world. the QC department definitely will find ways to fix the problem. why so panic?

V shape rebound now

in manufacturing, it's normal to see some defect once a while. we don't live in a perfect world. the QC department definitely will find ways to fix the problem. why so panic?

Ms Thai bought @ 6.90, tomorrow I cannot Q @ 6.90, confirm gap up have to Q higher T.T

Abang Mad. you can check the bursa announcement, for the price Mr WTS bought @ RM 1.29

MR WONG THEAN SOON bought @ RM 1.29, this is a strong support line

news reliable?

Aramco. you keep saying Supermax has IB research. let's talk about some fact. Before Supermax QR out. IB research TP was around rm 4 to 5 only. but after QR out IB quickly raise TP to around rm6. if IB is always correct. Why their TP were so low at the beginning before QR ?

by the way, after sold of his 3% and take profit, the remaining 4% direct share he hold now is FREE company for him

I have track back the record buy/sell for Dato Lau Eng Guang from year 2016 until today
He is 65 olds this year, I think in semi retirement, so get cash out to enjoy life. No need to be so stressful. And he has earned enough
His son Lau Joo Yong is still the executive director of the company. And LJY has not sell any of his share during this pandemic yet

Until today Dato Lau is still holding the topped up +3% the indirect share that he bought on Nov 2019, weight from 12% to 15%

Based on my analysis , I think the -3% that Dato Lau disposed in this month (May 2020) is the 4% topped up share that he hold since May 2017

After 3 years of holding, now to sell off -3% of his direct share and make roughly 300~400% or RM 35 million net profit into his pocket, I think is quite fair for a businessman?

3% = 17 mil unit
May has total 1,000 mil unit, volume transaction
Of couse he will try to dispose when the market liquidity is still high, it is easier to be digested.
That could be normal right?


Date Direct Indirect Total RM/unit (roughly)
27/04/2016 3.0% 12.26% 15.26% 0.75 Annual Report 2016
02/05/2017 7.1% 12.26% 19.38% 0.70 Annual Report 2017 <--Increase direct share 4%
30/04/2018 6.9% 12.73% 19.63% 0.77 Annual Report 2018
02/05/2019 7.1% 12.85% 19.99% 0.83 Annual Report 2019
01/11/2019 7.9% 15.07% 22.97% 0.79 Acquired <--- Increase indirect share 3%
31/01/2020 7.2% 15.07% 22.24% 0.84 Disposed
24/03/2020 7.2% 15.07% 22.29% 0.77 Acquired
22/05/2020 4.4% 14.73% 19.09% 2.86 Disposed <-- Dispose direct share 3%

FYI. Dato Lau is also the director for LHI

let's talk about AVEO. (Everyday talk gloves and covid sounds a bit boring now. Change topic a bit ya)
AVEO contact lens also have huge potential in long term. Now everyone can see the power of house brand OBM + own distribution centre. So AVEO is actually also riding on their existing network that why can grow fast, AVEO is house brand will able to contribute good profit margin to the company. Of course, AVEO is still contribute only small % revenue to the group. But I have faith it will growth rapidly. We are talking about global market. AVEO is selling is exporting to UK and US. Earn USD !

Thinking what is the good news for this suspension. Anyone has ideas?

I loaded some in c86 c76 to leverage. big plane and small plane fly together !!!

This quarter EPS 5.07, next quarter (April - June) add 10~15% = 5.57 ~ 5.83

if predict_future is so hardcore, why not just help us straight away Q @ 3.22 to limit up? really nonsense

What happen when the raw material increase in the next few months? Is it going to affect the profit margin?

I'm in the manufacturing field. This is what will happen and I shall my opinion with you.
If I'm the factory procurement, and I know I secured book order for the next 8~12 months. Defintely I will lock in the cheaper price raw material blanket order with my supplier. So I can benefit to maintain a competitive (CHEAPER) material cost.

Anyone can enlighten me?
Is it operating the same way for gloves sector too?

tomorrow gap up open at 5.00, limit up +30% close at 6.50 !

gap up + limit up !

using there info here
https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/


this is my calculation.
2020Q4 (Quarter Ended Quarter Ended YTD Ended YTD Ended
31.01.2020)

Revenue 139m,
gross profit = 19m ( gross margin = 14%)

New assumption for 2021 FY
Assume the gross margin is 30% now, 139m x 30% = 41m (here I don't use PBT margin maitain at 30$, too optimistic)
after deduct operating +finance cost = -6m ,
PBT = 35m (margin = 35/139 = 25%

assume 25% tax,
FY2021 PAT = 26m x 4 Q = 105m

sounds more reasonable?

I'm still learning, please correct if I'm wrong

May 19, 2020 13:29 pm +08
Vitamin C consumption a bright spot for Duopharma during Covid-19 pandemic

“In Malaysia, Duopharma is a market leader in Vitamin C products via the Flavettes and Champs brands. Historically, Vitamin C sales accounted for 10%-15% of Duopharma’s total sales,” RHB Research analyst Alan Lim wrote in a note today.

https://www.theedgemarkets.com/article/vitamin-c-consumption-bright-spot-duopharma-biotech-during-covid19-pandemic

I think research house is manipulating it. they already expect sharp drop at 9am so they quickly pick up all the stocks. and then release news at 10am, to push the price high again....

Vorster89 , this is my calculation. trading revenue is about 50% of the total revenue only, you said +30% trading volume (assume revenue in RM same 30% too) for next quarter , in actual fact will contribute 10~20% of the extra profit only. What do you think?

want to ask, for warrant with 30% volume traded is it normal?