Posted by Probability > 2015-12-10 14:25 | Report Abuse

People everyday working 12 hrs also cannot identify such gem..
How come this Icon keep coming ..with such jewels?
and keep coming..

Posted by Jason Lim > 2015-12-10 14:31 | Report Abuse

LOL.

Posted by connie > 2015-12-10 14:32 | Report Abuse

feed the brain cells with tilapia fish :)

Posted by murali > 2015-12-10 14:35 | Report Abuse

Why revenue is zero for steam/power while ebit is so high?

Posted by Tom > 2015-12-10 14:38 | Report Abuse

buy some first....

Posted by SuperMan 99 > 2015-12-10 15:30 | Report Abuse

Icon = New golden finger in making????

Posted by bugle > 2015-12-10 15:34 | Report Abuse

oops, RM345 mil debts! Tq!

Posted by PlsGiveBonus > 2015-12-10 16:07 | Report Abuse

This one I am not approve

Posted by bugle > 2015-12-10 16:16 | Report Abuse

need approval? hahaha!

Posted by cheoky > 2015-12-10 16:24 | Report Abuse

like your taste, fundamental and common sense based investing. easy for layman like me....

Posted by PlsGiveBonus > 2015-12-10 16:30 | Report Abuse

The only reason behind the price surge is out good ministry announce electric rate to go up

Posted by PlsGiveBonus > 2015-12-10 16:30 | Report Abuse

Our good and caring ministry

Posted by PlsGiveBonus > 2015-12-10 16:32 | Report Abuse

Our electric rate is still very cheap

Posted by PlsGiveBonus > 2015-12-10 16:41 | Report Abuse

The power plant will explode and hurt everyone within the region

Posted by crossroad > 2015-12-10 16:57 | Report Abuse

According to the DOLOMITE Sept qtr report, the jump in profit is due to forex gain of RM12 mil current qtr (3 qtrs: RM16.6 mil). NOt sure how ICON got the EBIT figures, but according to the seg result, Steam/Power segment result for 9 mths cum = loss RM1.5 mil whereas 6 mths total is profit of RM3.8 mil, meaning Sept qtr the steam/power segment has registered a loss of RM5.3 mil???

Posted by crossroad > 2015-12-10 16:58 | Report Abuse

Comparing the Q3 rpt and Q2 rpt, it seems that construction and prop devt were making good gains...

Posted by crossroad > 2015-12-10 17:01 | Report Abuse

The balance sheet show borrowings of RM340 mil but interest paid in cashflow for 9 mths <RM5 mil? I suspect the interest cost is capitalised to the project, and once it commence op, the interest cost will be flushed out to the p&L? I think this counter need more study...

Posted by lextcs > 2015-12-10 17:13 | Report Abuse

if you are the director of a company and u owe 340m wouldn't it be easier to do a restructuring like capital reduction than to actually pay the debtors by whatever cash you have? one thing for sure these fellas travel first class under company expenses wherever the go. minority shareholders' interests are far from their mind.

Posted by kys8888 > 2015-12-10 18:54 | Report Abuse

But it went up 21% today

Posted by PlsGiveBonus > 2015-12-10 19:53 | Report Abuse

11.4m alone the EBIT from steam power
Anyone can enlighten me

Posted by PlsGiveBonus > 2015-12-10 19:57 | Report Abuse

340m for 5% bank loan will be approximate 17m per annum
For nine month will be 12.75m

Posted by crossroad > 2015-12-10 21:18 | Report Abuse

EBIT means earnings before interest and tax. For a big capex project and with 340 mil borrowings, wouldnt the interest be alot? And for shareholders, we would want to know waht is the net net gain because that is what goes into our pocket and drive the share price.

Posted by fayeTan > 2015-12-11 07:56 | Report Abuse

good discussion on these stocks.. bravo to you all

Posted by murali > 2015-12-11 08:32 | Report Abuse

Looks like they have some forward contracts for their expected revenues from the power n energy biz in China. These forex gain could be their mark to market gain when they renewed / extended the forward contracts.

Posted by kentrade888 > 2015-12-11 10:50 | Report Abuse

icon8888 why drop today？

Posted by PlsGiveBonus > 2015-12-11 10:53 | Report Abuse

Ebit 11.4m but bank loan 12.74m
Do the Maths and the bank win

Posted by PlsGiveBonus > 2015-12-11 15:12 | Report Abuse

Net profit is far too little to pay the 5% bank loan
May be they borrow from loan shark 6 or 7%

Posted by PlsGiveBonus > 2015-12-11 15:16 | Report Abuse

If the issues do not resolve what is the basis to buy

Posted by ericoconut > 2015-12-11 15:43 | Report Abuse

icon8888, what's the expected TP ?

Posted by PlsGiveBonus > 2015-12-11 15:57 | Report Abuse

Bank loan is too high
Ev is very high more than twice the market cap approx 300m
What will you give the tp if the ebit is only 11.4m?

Posted by warrior > 2015-12-11 17:44 | Report Abuse

The show will continue coming Monday.

Posted by Ven Felix > 2015-12-11 21:45 | Report Abuse

Insufficient of detail on how there Dolo will do d repayment, profit from biz operation. Mudajaya and Mfcb has more details to digest. Anyway, good highlight from Icon888

Posted by kakashit > 2015-12-12 09:48 | Report Abuse

now only get into China's eletriciy industry is too late, u nvr heard Beijing wants to cut Aluminum production dunno how many tonnes?

God bless u

Posted by duitKWSPkita > 2015-12-12 17:05 | Report Abuse

Wah...........another midas touch write up by Mr. Tilapia Icon8888 神童！

good write up.. I was not around these time I guess I missed out a lot of ur informative articles. Next time I must subscribe and U drop to my mail box.. I am wiling to pay. ........

Hope you guys doing well in every trading events.

Posted by tnsduntalkokkk > 2016-02-12 10:46 | Report Abuse

Icon8888 神童

Posted by chantp88 > 2016-02-22 16:21 | Report Abuse

dolmite in red last QR...i guess dynamite blown in our faces.... :((

Posted by manimaniONGG > 2016-02-26 07:26 | Report Abuse

the dynamite exploded in the author family.

Posted by gray > 2016-03-07 18:30 | Report Abuse

what do u expect from half bucket sifu?

Posted by VenFx > 2016-11-27 19:06 | Report Abuse

calvin, gray aka optimus is looking on u.

U really should learn from someone knowlegible.
I hope not to call u headless chick face flying in the sky again.(Horrible)

Posted by John Lu > 2016-11-27 19:10 | Report Abuse

Posted by Ooi Teik Bee > Nov 25, 2016 10:32 PM | Report Abuse

Calvin can share his stocks picked to everyone as a reference. We can select them and invest if we feel confident.

I do not like Calvin attacked many writers and recommended his stocks to override the writers. If he is good, I appreciate his sharing.

Most of the times, I check his stock selections, most of them are lousy stocks in term of fundamental. In term of TA, they are down trending. I just keep quiet because I do not like to attack any writer in I3.

Most of his actions are very irritating and he does not show any respect for others.

Hope he can improve after reading this posting. It is not an attack, I say it out sincerely from the bottom of my heart.

Thank you.
Ooi

Posted by Icon8888 > 2016-11-27 19:31 | Report Abuse

I have to admit that dolomite is a bad call. Guilty as charged