it can now chart its own destiny

last 2 years show release on 31oct ...this year that date is a Saturday..maybe 30thFriday? Thursday is a public hols... agak2 8.5 to 9 trading days until results

...as analysed and discussed above..

..hopefully its a strong, formidable and convincing result

..but proviso..sentiment goes up and down easily la..

...yes sentiment looks good....retail fomo is a good wave as we have seen from gloves..but insti fomo is bigger wave as Choivo said....somore this counter has traumatised quite a few CIO and FMs...once they fomo after results ....lagi besar itu wave

In theedge today, LG Chem (Seoul-based), reported yesterday their 3Q (ending Sep) results at USD785m (vs street avg estimates of USD659m)

“The earnings surprise most likely came from its chemical business, on higher demand for the key materials used to make home appliances,” said Ethan Won, an analyst at HI Investment & Securities Co in Seoul. “Its EV battery business likely continued its operating profit trend into the third quarter.”

Thanks Choivo...and all others who covered this stock...I'm impressed with the speed of other analysts joining to cover LCT. Because of general market weariness whether temporary or not (end moratorium etc), I've exited penny plays. Only play the pegang-medium-term stocks. This is one of them. Terima kasih.

Bursa boss aredi say mostly cash players in retail...imagine when fomo (and leverage) kicks in during rotational play on sectors..infra, O& G etc. foreigners pun kena masuk balik nanti. Velocity malambung. Bursa house wins, collect sini..collect sana.

DChosen2 you commenting as Malaysian or investor, if you are investor, you are owner of company..same side as TF..be happylah

as taxpayer is different storylah

itu paktua did say ini tricky punya counter for short term trading..

inspiring lah Mabel !
Harap yang others continue collect and simpan untuk Kerismas 2020.

actually for the O&G play I take this as the leading ship, then position for second tier O&G (if that day comes la)

actually u may be right...May has been spectacular..so can afford to jam down the last trading day fix price lower ..transfer benefit to June

if a chief exec is smart enough to find relative value (by switching some relatively overvalued warrant to mother shares) whilst adding position more exposure to his company....i'd put money in this guy

betul ini kena pegang punya stock.... believe owner and management have target to make this a RM10B mkt cap company...a solid malaysian big cap comp.
they will need to deliver continued EPS growth to achieve that.
Assuming 15% growth pa, that's mean 5 years ..stock price will be valued double from now, jadi ~RM3.60 price.
If mkt give higher PE multiple than now (which msia stocks will enjoy should when foreign money come in) then more faster reach the target RM3.6

because WA is relative overpriced

controlled macam it was supposed to close at auspicious 1.88 ...but some itchy fler made it 1.87

you all know when someone wish you Ramadan Kareem what it means right .... "may Ramadan be generous to you!"
Ramadan Kareeem!

sawitdee pimai chine.... enjoy the break everyone, travel safe

steady..

for years you buy your cooking ingredients from 2 suppliers who grow the produce behind their shops ..
...for years you tailor make your expensive cooking equipment and recipes using these input ingredients...
..over the years and generations..your kids are used to and only eat using these ingredients..alas sunflower oil..soya oils doesnt taste quite the same...some even dispute their touted relative benefits..

..one day supplier 1 commented about how you should treat your second child...

..because you got up on wrong side of bed that day...you vowed never to buy from lansi shop 1..

..even tho price abt USD10 higher at shop 2..u say u dont care..

...shop 2 knows he is the only shop selling to you (he has a slight grin on his face with a pinky finger raised)...

...shop 1 still cool coz he technically owns 30pct of shop 2 at the back..

..shop 1 still cool coz even tho it looks like there is going to be temporary build up of inventory..he can clear his stock using other channels...whatever if there is price increase his inventory is valued higher

..shop 2 calls you up saying there might be tighter logistics issues to deliver your ingredients in time..advises you to book ahead for the rest of the year..things might be uncertain..

...some ppl still go to shop 1 thinking build up of inventory will make him drop prices...shop 1 say where got....in fact they expect lower production for the year as they have clear some land to plant other things and have allocated some ingredients to use as biofuel...in fact shop 2 prices are moving up..

...village panic and start covering short positions or increase forward purchase for the year making the curve steepened..spot prices continue to move up...

..you panic...

....you pick up the phone and call Liberia asking if they can deliver..they tell you to terbang layang layang

..in the meantime your toddler just puked out some cookies you just made..."mummy this rapeseed cookie sucks"..

...your screen shows Dec 20 CPO futures at 3800

...you pick up the phone hesitantly and dial the number...and the voice on the side says...

..." Sawitdeekap..this is Shop 1...how can i hepchoo"

warning this is sure fake story:
one fine day in early 2018 Tun set in a room with few relevant people in the edible oil industry... he asked what can we do to increase the average CPO prices which has been languishing in the past few years..
..the answer ..like all things commercial..is to restrict supply and increase demand..
..few action plans were discussed and explained in detail...few obvious things which were written on the whiteboard were introduce B20, call Joko for B30, ask planters to diversify crops..
...last on the list was - "7. funnel demand through an inefficient supply chain that will drive spot and forward prices up - (Indonesia). Next steps ..take measured opportunity to annoy India"
...bonus "8. Sign deal with Pakistan (TKok to priotise in 2020)".

See uols at RM3800.

after it stabilises perhaps next up run from chart may aim for 87s from rough eye laa ("mata kasar estimate")

did u hear about the new box office movie coming out q1 2020...

Power...Recovery...Hope...

"M for Maybulk"

..entering convincingly above 70sen zone..

..crude TA assessment ("mata kasar") say key resistance looks like at 0.75, 1.00 and 1.25.

i was expecting that scenario for the medium term... not so fast like today la right

yawn..

hodl

strong green momentum..kudos to management

nothing wrong with money in hand mate

i was about to yawn...but am taking it back