Koonbee9, u don't want to sapu kah ? I tell ikan bilis to collect bfor Koonbee9 sapu wor ! The force still there or don't worry. Vol that sell down from $0.51 -$0.46 r weak.Good luck all. The force juz not gone yet.
Guys, this article might as a supplementary materials that furthur elaborate to GROWING of the 16yr old Www.thesundaily.my/news/1059397 Good luck all. Huat ah 2016 :)
Welcoming to Fruity year of 2016. To further share my finding from the above article are 1) a 20% conservative growing from their $25mil capex 2) did they ask $$$ from shareholder ? No. *** mean financially they are very healthy. 3) That is VERY POSITIVE move to secure USA order; bcoz the plan going to need almost 50% of their market capital.Now, the plan starting to bear FRUITLY. U might enlightening me with other things I don't know. HAPPY AND SUCCESSFUL investment 2016 :)
Good good, i will continue to buy buy buy below 0.5. This counter is one of star counter for 2016, above RM1 is not impossible at all, best of all, still virgin !!!
Icon, from 2015 track record, for the counters that both of us believe in, the winning rate is almost 100%....Priva, Frontkn, Bintai, Johotin, Genetec (with the condition one should know to take profit at peak, hahaha).
That's make sense , Icon8888 master (whomhalways busy)will keep track and dig further to this last charming write up for 2015, and continue with more colors toward d new write up for 2016. I'll be waiting for d Tasty cooking patiently.
Yes Master Icon8888. Your head profile seen to be a professional , u r too humble. Eagerly to read your p.(2) , like d decent taste with out too many additives. Especially Msg. I like spicy a lots.
Ha ha since I cannot convince u to drop the master title, I will reciprocate by calling you Master Ven Felix. Now we are equal, and I no more feel uncomfortable
"Industry Trends and Development Year 2014 was indeed a challenging year for the Group. The economy of Malaysia was affected by the global economic slowdown and volatility following uncertainties over monetary policy adjustments in advanced economies. Weakening of the Malaysian Ringgit against the US Dollar and other major currencies towards the end of 2014 has added cost pressure on the industry. This has resulted in a higher material cost besides the rising operational cost facing by the Group. Close attention was accorded throughout the year in improving production efficiency and yields, with emphasis on cost control and consistent product specification. "
the depreciation of the ringgit have been very bad for this company. and will continue to bad for the last quarter. ....very likely to report a loss for the last quarter......
But, But........
This is a very good company, good management, good products.
manufacturer of LED......can you imagine that? This company will fly ....soon, , and some times this year.
if you can get the share between 38 sen and 44 sen..........you will make very good money if you keep for a year.
I think the Company is doing every THING right and revenue is soaring.....soon, the profits will follow....but not the Dec ending quarter yet......the share has not shown any sign of that yet. ...BUT IT WILL.
JDH....it is undeniable the company has a bright future., sales are surging, diversifying.
from the 2014 AR
Prospects With the expanded business entity primarily involved in designing and manufacturing of electronic printed circuit boards assembly through surface mount technology and operation capacity expansion undertaken by the Group during the financial year ended 2014, the Group has secured new customers and broaden its customer base to reduce its dependency on a major customer.
and testified by the figures.
the profits will flow....just not yet in Dec 2015 quarter.
Desa2020 are u still plan to accumulate this Donut Jhm ? Better hurry, hehe ikan bilis are line up to buy.. qtr results are expected to be good. Furthermore, once a counter spotted with good result delivered ikan bilis don't mind to take a step further to mitigate from buying high. I'm hoping Donut will demonstrate a bullish cup & handle price pattern. Ist Donit got to take off the $0.60 first.If u r going to buy big , $0.45-0.46 might able get it (juz guessing) Whish u luck and happy collecting.
so why did the company do a Bumi issue as follows:
On 11 November 2015, the Board announced that the Company proposes to undertake a special Bumiputera issue of up to 21,100,000 new ordinary shares of RM0.10 each in the Company, representing approximately 12.5% of the Company’s enlarged issued and paid-up share capital,
....
no money, of course.... Business is very good but the depreciation of the ringgit played havoc with cashflows and planning.
the company will survive, I have no doubt and do very well in 2016.
third quarter already bad...4 th quarter will be worse....but, after the Bumi issue...after having more time to adjust to the havoc, the company will rise from the ashes.
felix....analysts are not accountants, they are not even businessmen. Only lazy analysts pay so much attention to core profits and add back forex losses already charged to the PL. Looking at the second half of 2015, expect 4Q results of this Company to be worse than 3 Q results. ...the Bumi issue already tell you that... The share price is another very good clue.
The Bumi special issue are In order to comply to Malaysia Nation Economic plan. Last time was 30% . Juz like others counter did , e.g. Mmsv from 30% reduced to 15% . The said Bumi issue are planned to be completed by 1H 2017. Desa2020, do u think Donut Jhm are desperately need new fund from the Bumi issuing ?
Donut didn't ask a single cents during its 2013 proposal for their new capex to establish a $25mil facility plant, it start produce income end of ladt year. Pls read their annual report again. Anyway, thx for your kind sharing here.
yes, the needed the fund very desperately...the company is growing very fast. The capital is very small. Just not enough to support the operations, the bankers wouldn't increase the facilities. The Bumi Issueis their savior.
They cannot do a right issue because I don't think the shareholders are rich people.
Hi! Koon bee, your Awc are quite stable at the moment. Likely to ranging from $0.42 -$0.48 based on Recently Ta trending. May plan your necessary strategy. Its a solid company.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
koonbee9
674 posts
Posted by koonbee9 > 2015-12-30 10:40 | Report Abuse
Koon bone sure suite her...hopes reborn koon bone can start her new Ong stock blog in 2016