We are live streaming at https://www.facebook.com/equitiestracker/ tonight at 8pm live from our homes in a panel of 4. Equities Tracker is a value investor educational co.
You can follow and ask Questions. Its 1 hour. Thank you.
Due to the sharp depressed price of Notion and if we do now it may be viewed as a penny stock. We have 6 months time from end Feb the date we had obtained approval from Bursa on the BI. Please bear with us. At the right time we will do.
Dear 888next, I share your view that BONUS issue ex-date shall be postponed until a better time. NOTION enjoys good daily volume traded, liquidity is not an issue now. Good to keep just 333mil at the moment. Thank you once again. Joining your LIVE streaming later.
If you remove one-off insurance compensation of RM12m, the company’s latest quarterly EPS would b less than 1sen. That was achieved on RM70m sales, which can b annualised into RM280m a year. The company’s target of achieving RM300m for 2020, and RM400m actually doesn’t mean much as its profitability is so low.
Over an hour plus on equity tracker, no viewers including the hosts asked about this obvious issue of low margin. They are laughably more excited about bonus issue and top line numbers, and more or less wasted an hour plus.
For a counter this liquid, bonus issue has no meaning. He said he hopes notion would not turn below RM0.50 after one for two bonus. That makes his ideal share price to be at least RM0.75 pre-bonus.
The real benefit of Bonus Issue is when the market on the way up or during bull market, better still when the bottom line is improving, for NOTION, no hurry to go ex Bonus, after Jun or 2H is mch better timing. Meanwhile accumulate more.
No doubt Notion is excellent company. But EMS player will be hit during this time..they are running now with low capacity now. Not sure how long this will last
Not too late to buy after Notion has established itself. If you guys are looking exposure to EMS, why not invest VS and ATAIMS now? Both long time EMS player have scale and much better track record than Notion which has just started to dip its toe into this business
Ha...What the point talking too much about FA n business...now everbody are feelings about survival instincts...plus the market swinging up n down...time to be a swing or day trader...Unless you buy very, very Cheap probably near its cash value or dividend yield of...@>12% n above...where the companies are consumer defensive n conservative earnings plus dividend growth...then you are an above average investor...!!
World Bank cut Malaysia 2020 GDP target for Malaysia to -0.1%, a significant drop from its earlier target of 4.5%. Dow jones drop 410 points last night. Dow jones future drop 250. No more window dressing. Today will big drop. Warning.
Ha...Covid-19 not solve within 3 months...recession already started...All industries are affected...big n small Capital outflows...plus big n small earnings disruption...it takes time for everyone to feel positive n response accordingly...!!!
US 2 trillion... you will how much their business has suffered? Between now and November Covid-19 will still be reeling and taking more toll. I don;t know where it will lead us too! Any EMS player comment?
NEW YORK, April 2 (Reuters) - Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of producers to deal with the market turmoil.
Trump said he had spoken to Saudi Crown Prince Mohammed bin Salman, and expects Saudi Arabia and Russia to cut oil output by as much as 10 million to 15 million barrels, as the two countries signaled willingness to make a deal.
Trump did not specify barrels per day (bpd), though the market expresses demand and supply in those terms.
Such a sizeable deal, however, would likely require participation from other big producers outside of the OPEC cartel.
Saudi Arabia said it would call an emergency meeting of the Organization of the Petroleum Exporting Countries (OPEC), Saudi state media reported.
The Wall Street Journal reported that the kingdom would consider dropping output to roughly 9 million bpd, or about 3 million bpd less than what it planned on pumping in April.
Brent futures rose US$5.20, or 21.0%, to settle at US$29.94 a barrel, while US West Texas Intermediate (WTI) crude rose US$5.01, or 24.7%, to settle at US$25.32.
Despite the huge gains, oil prices have still lost more than half their value this year.
The market slumped in early March, when Saudi Arabia and Russia were unable to come to terms on a deal to curb production, and the Saudis boosted output to more than 12 million bpd and shipped discounted cargoes worldwide.
Since then, the coronavirus pandemic has severely cut fuel demand. US crude prices fell under US$20 per barrel a few times in recent days.
"The question will come down to, Will they be able to agree to something? It's taken a couple of weeks of Brent at US$25 and WTI at US$20 and it seems as if the Russians are more approachable than they were a month ago," said Gene McGillian, vice president of market research at Tradition Energy in Stamford, Connecticut.
Brent soared as much as 47% during the session, its highest intraday percentage gain ever. WTI jumped as much as 35%, its second highest ever, after an intraday gain of 36% on March 19.
Oil prices pulled back from those highs as traders questioned whether Russia and Saudi Arabia could actually agree on such a big production cut.
A senior administration official told Reuters the United States does not know formal details of Saudi Arabian and Russian plans to reduce oil supply yet and will not ask US domestic oil producers to chip in with their own cuts.
"Despite today’s headlines, we remain skeptical that a deal to cut output will materialize," analysts at Capital Economics said, noting Saudi Arabia is unlikely to cut output unless Russia and possibly other non-OPEC producers, like the United States and Canada, join in a coordinated reduction.
With fuel demand expected to fall by 20% to 30% in coming months, pressure was building on oil producers to reach a deal, and Trump expressed growing frustration about the crude price and its effect on the energy industry.
Texas regulators are exploring the possibility of cutting production in that state, which produces more than 5 million bpd.
KUALA LUMPUR (April 8): Precision parts manufacturer Notion VTec Bhd’s said its wholly-owned subsidiaries NotionVenture Sdn Bhd and Notion International (M) Sdn Bhd are allowed to operate during the movement control order (MCO) period set by the Ministry of International Trade and Industry (MITI).
Notion VTec said two subsidiaries are allowed to operate within the period but must ensure that only 50% of its workforce is allowed to operate. Also, the subsidiaries must establish a work-from-home system for employees not involved in critical manufacturing activities.
Notion VTec also said the authorities require its subsidiaries to wholly meet the local market’s needs and requests for products or services.
“The subsidiaries are also required to submit the list of workers involved in the production site during the MCO to MITI and also to ensure that the movement of these workers is restricted from home to [the] subsidiaries’ factory and premises only,” the company said.
In terms of hygiene protocol, the subsidiaries should take daily body temperature readings of its employees at the factory and premises’ entrance. Hand sanitisers must also be provided and the companies must ensure face masks are used by every employee.
Disinfection at the premises must also be carried out before each shift or operation begins, and be done three times a day.
Notion VTec shares closed 4.5 sen or 6% lower at 70.5 sen today, valuing the company at RM235.82 million. The counter saw a spike in trading volume to 24.19 million shares, exceeding its 200-day average trading volume of 7.08 million shares by more than three times.
Year-to-date, the counter has fallen some 27% from 96 sen on Dec 31, 2019.
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....
geary
6,359 posts
Posted by geary > 2020-03-24 18:28 | Report Abuse
Already sold...@15%...gains...Holding free cash...lot of chances because of all stocks...Too much swing in price movements...!!!