BIG JUMP IN COMING QUARTERLY PROFITS EXPECTED BASED ON ALL THE POSITIVE ANALYST' REPORTS GIVEN IN THE ABOVE HEADLINES IN THIS FORUM. LAST MONTH RECEIVED TOTAL ADDITIONAL CASH RESOURCES OF RM66M FROM PRIVATE PLACEMENTS AND CONVERSIONS OF ITS WARRANTS.. BEING PUT TO PRODUCTIVE USE FOR ITS CAPACITY EXPANSIONS ON ITS JB FACTORIES (INCLUDING FOR ITS NEW/ADDITIONAL ENGINEERING/TECHNOLOGY INDUSTRIAL PRODUCTS FOR ITS NEW INTERNATIONAL CLIENTS. IN LINE WITH BIG INCREASES IN PROFITS WILL LEAD TO HIGHER QUARTERLY DIVIDENDS PAYOUTS
Noted that Notion shares difficult to move up bcos you can see a lot of ESOS listings @ RM0.80 and employees will sell to make margin gain of more RM0.30 (RM1.16 - RM0.80). Furthermore, there will also be selling from the private placement (not sure what their price)
SELLING FROM ESSOS ENTITLEMENTS IN FACT HAVE VERY LIMITED IMPACT ON ITS SHARE PRICE. SHARES DERIVED FROM ESSOS HAD BEEN BEEN HAPPENING FOR A LONG TIME. THE QUANTUM OF ESSOS SHARES IS ALSO LIMITED. MOREOVER SENIOR STAFF WHO GOT MORE ESSOS THAN THE GENERAL STAFF NORMALLY WILL HOLD ON THEIR SHARES TO EARN ITS FREQUENT DIVIDEND PAYOUTS N TREAT IT AS LONG TERM INVESTMENTS( IN VIEW OF THEIR COMPANY'S GOOD BUSINESS PROSPECTS) . HENCE ITS SHARE PRICE WAS ABLE TO TOUCH ITS RECENT HIGH OF 1.35
NOTION WILL ACHIEVE STRONG BUSINESS GROWTH WHICH WILL LOWER ITS P.E.s.
NOTION ON TRACK TO ACHIEVE STRONG BUSINESS AND PROFIT GROWTH WHICH WILL LOWER ITS P.E. JUST RECEIVED RM65M CASH FROM ITS PRIVATE PLACEMENT N FROM EXERCISING OF ITS WARRANTS. BIG CASH PILE TO SUPPORT ITS NEW HIGH TECH PRECISION PRODUCTS IN ITS J.B. FACTORIES FOR ITS NEW INTERNATIONAL CLIENTS
TRUE BUT STRONG GROWTH IN EPS ALREADY SEEN IN THE LATEST QUATERLY RESULTS N THE IMTERNATIONAL ORDERS FOR ITS HIGH TECH PRECISION PRODUTS ARE GROWING ROBUSTLY. NEXT QUARTERLY RESULTS WILL BE EVEN STRONGER
@darrenliew - on 19/05/2017, Notion sold (in open market) all its treasury shares (total of 2,150,273 shares) at price per share of RM1.27 - RM1.29 for total cash in of RM2,723,493.55.
CORRECT. THIS MEANS NOTION HAD RECENTLY ADDED CASH RESERVES OF RM66.3M WHICH ARE BEING PUT TO PRODUCTIVE USE FOR ITS NEW HIGH TECH PRODUCTION FACILITIES IN JB. WILL ALSO RESULT IN HIGHER FREE CASH FLOWS AVAILABLE FOR CONTINUING ITS QUARTERLY DIVIDENDS AND SPECIAL DIVIDENDS.
RECENT BUSINESS REPORTS POINT TO HIGH DEMAND ORDERS FOR ITS HIGH PRECISION PRODUCTS (ESPECIALLY ITS MOTOR PARTS AND CAMERA LENS DIVISIONS) FROM ITS GLOBAL CLIENTS. POSITIVE INDICATIONS FOR SIGNIFICANT UPTREND IN ITS QUARTERLY RESULTS/PROFITS
JUST BEING CAUTIOUS 2 Main Worries : 1Trump pledges to act 'very strongly' on North Korea missile threat The U.S. will move on its own if Russia, China don't support it, Trump says Could include Naval Blockage and Search/Seize N. Korean cargo ships for weapons shipments (allowed by U.N. bcos N.K broke UN resolutions 2) Trump reportedly 'hell-bent' on imposing steel tariff despite objections from most advisors US considering broad-scale measures to fight steel dumping: Wilbur Ross • The United States might have no choice but to resort to "broad-scale" measures to fight the problem of steel dumping, said Commerce Secretary Wilbur Ross.
Art Cashin warns of a 'major shudder' in the market if Trump imposes steel tariff • Axios reports that the Trump administration is "hell-bent" on imposing tariffs on imports including steel. • "I think people would worry about trade wars and where we are going from there," Art Cashin says. (WILL BE BAD IF TRADE WARS STARTS WITH 20% IMPORT TAX TARIFFS AGAINST CHINESE AND EU STEEL)
Way back when a some of us bot at 40 sen the projected target was 1.30. A lot of the forward earnings are already priced in at least where 2017 is concerned. Unless the Johor plant brings in profit much higher than expectation, price wd hover around here. People buying in now shd b willing to keep for a few years for the new business profit to kick in significantly. We have been with notion for years , suffering before the price moved up last year.
Did you read correctly. Eps is down compared to last Q. Brace for heavy selling tmrw. However, its quarterly net profit was mainly derived from income tax gain of RM2.27 million in 3QFY17. The company's operating income shrank substantially to RM765,000 in the quarter under review from RM4.23 million a year ago.
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....
darrenliew
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Posted by darrenliew > 2017-06-22 06:31 | Report Abuse
BIG JUMP IN COMING QUARTERLY PROFITS EXPECTED BASED ON ALL THE POSITIVE ANALYST' REPORTS GIVEN IN THE ABOVE HEADLINES IN THIS FORUM.
LAST MONTH RECEIVED TOTAL ADDITIONAL CASH RESOURCES OF RM66M FROM PRIVATE PLACEMENTS AND CONVERSIONS OF ITS WARRANTS.. BEING PUT TO PRODUCTIVE USE FOR ITS CAPACITY EXPANSIONS ON ITS JB FACTORIES (INCLUDING FOR ITS NEW/ADDITIONAL ENGINEERING/TECHNOLOGY INDUSTRIAL PRODUCTS FOR ITS NEW INTERNATIONAL CLIENTS.
IN LINE WITH BIG INCREASES IN PROFITS WILL LEAD TO HIGHER QUARTERLY DIVIDENDS PAYOUTS