boss will need to calm the market...will they recover so fast, next qtr Oct to Dec result will only reflect 1st impact, only until next year 2nd qtr will only see their actual performance
The first thing management should do to show confidence is to go & buy the shares themselves if they feel strongly that the company will make a comeback. I don't see that happening. Are they also taking a wait & see approach because they can't tell yet?
So any upside is limited as board will try to recover their support money pumped in. I m sure the 50m is from their short term borrowins which is very costly.
Notion can not touch in short term. Financial sure affected at least 1 year. Order received from overseas can't delivered may sue and cause company involved in court case. At the same time existing customers will look for others supplies....The price will drop back to 0.40+... Whatever goreng comments will bring you to Holland. Back to 3 years ago same case factory burn limit down from RM1.00 to 0.70 cents slowly price continue drop below 0.40 for almost 2 years. Notion climb up from Rm0.40+ early this year. Don't buy hope for rebound if quarter financial will be very bad due to fire burn factory. I get stuck for first time fire burn almost 3 years. This may repeat if you buy now.
cost me an arm but not yet my leg.... LOL.... no one wanna touch this stock with a 10foot pole... hardly any volume.... those who are investors or stucked..... best wishes.... hope this stock recovers and me drowning in regrets that i sold
200m claim assets loss, profit claim maybe 10m+, consequences losses all covered by insurance. meaning notion may get claim about 200m+. market cap 230m @71cents. meaning u only use 30m to buy company remaining 1000machines, cash, customers, plant and property, talent people, skill, new business contract, technologies and etc. what a good deal.investing is simple. not making sense? is good deal for me, burnt 550 machines, get 200m, others 1000 machinese worth only 30m if share price at 70cents. i sold underwear all in jo. why not buying more?
wow, this is many times better than earning from routine operation. Not doubt it burns itself very couple years. This is so called company of "King of Thousand King". And the boss is called "Loh Shi Hoi".
hahha. i like your king of thousand king XD. but look at their shareholding. i dont think the bosses own so little shares dare to commit into criminal. no need gua.
Chung, this comment is nonsense: "Order received from overseas can't delivered may sue and cause company involved in court case." there will be a Force Majeure clause in any contract with a buyer. You clearly do not know what that is, so perhaps you need to go and look it up, then maybe you will learn something today. From the rest of your comments (such as customer churn due to non performance), I think you are a very inexperienced pseudo business person if you think that long term relationships between buyers and sellers are so fickle as to see them terminated due to such an unfortunate event as this. Customers stick by their suppliers during trying times like these and work together to formulate solutions. There will be existing stocks in the supply chain and subcontracted production can prove a valuable workaround, as can the setting up of temporary operations, utilisation of spare capacity and even formation of a strategic alliance to tide over. , Frankly, any upstream or downstream supply chain partner who does abandon Notion now, will do themselves no favours as they will be known throughout the trade as a bad company who abandon their business partners at the drop of a hat. The commercial issues can be solved short term, the long term prospects for this company are another matter, but your diatribe above warrants some factual corrections and you sir, need to learn about how business really works .
no other profitable technology low PE company you can get like Notion PE of 12.4, others mostly above 18. Short term players will die and curse. Only suitable for WB style of investors.
R3490 I guess you are 30 largest share holder of Notion. The fact is share prices keep go down. Please push up this counter to RM 1.00 since your statement to Notion so good and confident.
Chung, look back 23/10 vol of 0.11B what does it tell you? just wait for the contra T+7 players closing out their losses first, be patient. Don't let the weak hand profit, let the strong one gain in the long run.
Andr You still dreaming ? For any purchase share is 3+1 settlement. T+7 was before 1997..... i guess you born after 1997... hahaha so many peoples comment here always tell other to buy.... i also surprise why this company factory burn again for second time ? i heard last time some furniture shop also happened fire burn....why ? because they furniture business suffer loses...fire insurance safe them.
Andr i bought Notion above Rm1.00++ 3 years ago. I was stuck when first time fire burn price go down as low 38-45 cents for 2 years. Early this year i sold all at RM1.22 . The reason i advise to new share players Don't Touch this counter. your statement T+7 i already knew your experience in share market. look at Kenanga target price after Notion factory fire 0.73 before that Kenanga gave Notion Target price RM1.55. Can you explain why ? Why you look too good to Notion share ? The only reason is you already stuck in Notion..... 03/11/2017 22:51
Many ppl hoping that just bcos it drop so much can buy at 'discounted' price and 'sure' jump up to normal price before the fire. The simple fact is it is the signs are not looking good hence the stock is still weak and didn't rebound back. Even if insurance compensation is as expected, it will take time to get new machines and replacement parts in. That is if they really want to continue status quo as before the fire. They might even have to pay a large chunk to compensate failed order contracts. I wouldn't rush into buying this counter. Just my 2.5 sen la.
I picked Genting at RM9, back then people said not a netcash company; I pick Notion, people say i wrong again. ok, let them win now, but let me profit few months later.
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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....
ongmari
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Posted by ongmari > 2017-10-24 08:55 | Report Abuse
boss will need to calm the market...will they recover so fast, next qtr Oct to Dec result will only reflect 1st impact, only until next year 2nd qtr will only see their actual performance