warchest

warchest | Joined since 2015-04-23

Investing Experience Advanced
Risk Profile Moderate

i'm nibbling now because of its value

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User Comments
Stock

2018-01-02 09:34 | Report Abuse

Back to 85 soon

Stock

2018-01-02 09:18 | Report Abuse

Going down. It will take time to recover. Within a year

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2018-01-01 20:41 | Report Abuse

No la tomorrow will down again. Window dressing

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2017-12-28 23:53 | Report Abuse

Be careful slowly will go down

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2017-12-28 22:28 | Report Abuse

Dropping so low already

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2017-12-28 22:28 | Report Abuse

How much want to dispose. This is a profitable company

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2017-12-22 17:27 | Report Abuse

particle board mainly for Malaysia market - for cheap furniture

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2017-12-22 17:25 | Report Abuse

the share will continue to go down like SYF, slowly going down

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2017-12-22 17:25 | Report Abuse

Will not benefit Mieco. 80% of the export furniture were produced from rubber wood. Mieco not doing rubberwood

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2017-12-22 17:22 | Report Abuse

disposal of great platform good. else SYF will be ending financing this subsidiary. the latest quarter great platform is a loss-making and with the disposal - about RM60 mill cash plus reduction of RM60 mill in the borrowings

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2017-12-21 16:45 | Report Abuse

the management is doing bad. Managing the company like private company.

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2017-12-21 16:42 | Report Abuse

let's it drop to 60 cents

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2017-12-21 14:43 | Report Abuse

see the quarterly results of SYF announced yesterday - the board segment which Mieco is buying now for latest quarter turned from net profit into net loss. and going forward Mieco needs to fork-out RM60 mill for the acquisition via bank borrowings or rights issue as well as need to absorb additional borrowings of RM60 mill. This is not bode well with the future of Mieco

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2017-12-20 16:13 | Report Abuse

that's going forward Mieco may ended up paying for those liabilities

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2017-12-20 16:13 | Report Abuse

the owner basically using mieco to absorb the liabilities of SYF.

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2017-12-20 11:56 | Report Abuse

and SYF borrowings will reduce RM60 mill and cash to increase to RM60 mill. Net effect RM120 mill and now they can concentrate to their core businesses - rubberwood furnitures and properties.

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2017-12-20 11:54 | Report Abuse

once the acquisition done - RM60 mill of cash flow out and add in RM60 mill of borrowings. good luck mieco

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2017-12-06 15:04 | Report Abuse

at 2.40 not long ago to 1.58 now. that is bad

Stock

2017-12-06 15:03 | Report Abuse

still on downtrend, people still selling. I don't think what Mosaic mentioned previous will materialize. All just pure rumors.

News & Blogs

2017-12-06 10:01 | Report Abuse

Humblepie and Kar Jun must be from syndicate of BBO. Doesn't make sense promoting at so high price

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2017-12-06 09:50 | Report Abuse

I think dividend will be adjusted according to the quantum of profit. Not constant and track to the profitability

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2017-11-30 06:40 | Report Abuse

Damn shitty, regardless the reason. From loe profit turns into loss. Perhaps that's like Tek Seng. Once loss continues to loss

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2017-11-29 14:51 | Report Abuse

is painful cut loss at 1.95 from gain but it was worthwhile now

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2017-11-29 14:51 | Report Abuse

Luckily unload at 1.95, else really got burned

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2017-11-29 14:49 | Report Abuse

RM1.60 soon

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2017-11-29 14:49 | Report Abuse

Stock: [SCICOM]: SCICOM (MSC) BHD
Sep 18, 2017 04:05 PM | Report Abuse

unload unload. lucky i unloaded everything just now


Stock: [SCICOM]: SCICOM (MSC) BHD
Sep 18, 2017 02:55 PM | Report Abuse

the boss is rich - RM500 k to him is a peanut


Stock: [SCICOM]: SCICOM (MSC) BHD
Sep 18, 2017 01:33 PM | Report Abuse

Guys, last time still growing company so is okay to give 20 x PE for this counter. But now, since no longer growing, i think PE 12 x would be more reasonable? I'm correct. Say EPS is about 13 cents, so the entry price should be around RM1.60 ?

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2017-11-29 06:36 | Report Abuse

It won't do anything on the share price

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2017-11-29 06:36 | Report Abuse

This results we already know. Nothing fantastic (was hoping much ). U see the PE, still a crazy PE valuation

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2017-11-24 20:54 | Report Abuse

Let it drop to 1.70 for cleansing

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2017-11-24 20:05 | Report Abuse

Without the general, doesn't sound good

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2017-11-24 18:37 | Report Abuse

Got investigated share price falling badly. Confirmed than limit down

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2017-11-24 18:36 | Report Abuse

This will limit down

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2017-11-24 15:45 | Report Abuse

complain on air asia x

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2017-11-22 23:45 | Report Abuse

USD getting weaken. Competitiveness going to diminish soon.

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2017-11-22 21:43 | Report Abuse

Discuss the value of the corporate exercise. Ask, ask, ask. I would think that positive news will trigger from the meeting

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2017-11-22 21:26 | Report Abuse

The only time where we can communicate with the management team

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2017-11-22 21:25 | Report Abuse

Pls attend the AGM. !

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2017-11-22 21:25 | Report Abuse

Guys tomorrow come and attend the AGM. Let's grill them till we get answer

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2017-11-22 16:07 | Report Abuse

dumb dumb hold la. No reason for selling aside from bad market
People said bad counter to George Kent when is around RM1 .... see the price now.

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2017-11-22 14:54 | Report Abuse

all from the bursa blue ocean. now all holland

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2017-11-22 14:53 | Report Abuse

heavily promoted by Humblepie and singaporean's so called sifu. when at around 1.60

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2017-11-21 16:46 | Report Abuse

to be fair, this is asset-light business. NTA irrelevant in this business.

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2017-11-21 15:26 | Report Abuse

without kick-start SKIN project, growth in topline and bottomline will be limited. the potential once they kick-start the project

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2017-11-21 15:26 | Report Abuse

ultimately they will get the financing but not favourable terms. financing always an issue or else they already kick-start the project and the development will commence (and revenue contribution as well). T many banks, because the amount is big and they won't get the payments for the first 3 years. Hence, not so easy to get financing

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2017-11-21 15:01 | Report Abuse

SKIN is a good concession that they got - RM3.5 bill contract. they can recognise the development revenue upon the commencement of the installation. However, till now they are having issue with the financing due to market downturn. So far they haven't got the source of financing. that's why it remains bearish. is like u got a lucrative contract but u cannot kick-start due to lacking of project financing

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2017-11-20 15:23 | Report Abuse

I think going forward the excitement in the company going to diminish soon

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2017-11-19 15:20 | Report Abuse

That's holland king - humblepie