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19 comment(s). Last comment by Ezra_Investor 2016-02-18 14:37

MMCP

287 posts

Posted by MMCP > 2015-11-26 13:17 | Report Abuse

learn

chonghai

482 posts

Posted by chonghai > 2015-11-26 13:31 | Report Abuse

It would be good had they did not spend RM 6 million for a piece of land.

Tom

2,984 posts

Posted by Tom > 2015-11-26 13:48 | Report Abuse

正在坐等大宗商品回升,美元下跌。。。。

joe2703

123 posts

Posted by joe2703 > 2015-11-26 16:39 | Report Abuse

Icon8888, what other export company that you think is good and worth to invest ?

Lim Xiong Jun

6,930 posts

Posted by Lim Xiong Jun > 2015-11-30 11:34 | Report Abuse

Icon8888, I support u.
U really good in analyzing stocks.
=)

Elixir

18 posts

Posted by Elixir > 2015-12-21 19:35 | Report Abuse

Potential undervalued stocks must have choker to kickstart the game. Failing which the game we'd be short lived and fissile out quickly. Owner must take an active role

mamaky

47 posts

Posted by mamaky > 2015-12-22 23:48 | Report Abuse

Mr.icon8888 any comment on the off trade?

fayeTan

374 posts

Posted by fayeTan > 2015-12-23 15:25 | Report Abuse

another bullseye from icon8888

koonbee3

115 posts

Posted by koonbee3 > 2015-12-23 15:29 | Report Abuse

SEACERA!!Kaboom
Tomorrow sure 1.20 above...strong call buy now

Sekarang
Enter
Another
CalvinTan
Eng
Reban
Ayam

Posted by Ezra_Investor > 2016-02-18 14:02 | Report Abuse

Icon8888, just wanna exchange info with you.
Just looked into this counter and noticed something - have you noticed that the MD and the directors have been throwing a lot recently?

http://klse.i3investor.com/servlets/stk/annchdr/9423.jsp
http://klse.i3investor.com/servlets/stk/annchsh/9423.jsp

Any information on your side? Thanks.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-02-18 14:15 | Report Abuse

I believe they sold to another major shareholder.

Posted by Ezra_Investor > 2016-02-18 14:16 | Report Abuse

Cross Trade?

Icon8888

18,659 posts

Posted by Icon8888 > 2016-02-18 14:17 | Report Abuse

Not sure. I read about it in newspaper. Many forum members picked that up also.

Icon8888

18,659 posts

Posted by Icon8888 > 2016-02-18 14:20 | Report Abuse

I am not surprised he sold at all. Chee Wah has been stuck at 40 sen for many years. If he thinks weak RM won't last, he might want to cash out. Selling now will make him 200% richer than he was few months ago. I think it makes a lot of sense to exit

Posted by Ezra_Investor > 2016-02-18 14:31 | Report Abuse

Thanks Icon. I actually saw the above article too, but the cross trade date was much earlier according to the edge (22th Dec). The selling has been quite aggressive esp recently.

Posted by Ezra_Investor > 2016-02-18 14:33 | Report Abuse

You have a point, but I like to put myself in the director's shoe. It don't make sense for him to sell now:
-First level thinking - Director has earned enough to exit now.
-Second level thinking - Cheewah's revenue is seasonal, with Q1 and Q3 being weakest. However Q1 is already equivalent of previous year's earning, imagine the further upside in Q2++? Plus after so many years, Cheewah finally turnaround in 2014. Isn't it a little too early to cash out?

Posted by Ezra_Investor > 2016-02-18 14:37 | Report Abuse

Either way, I don't know man, I'll just put this in my watchlist and KIV. See what's going on.
I did noticed something on the cash flow side - sudden jump in capex.

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