Posted by CKNGCKI3 > 2018-01-09 19:21 | Report Abuse

Ricky Yeo..i think u have no idea what u are talking about..what u mean by willingness to accept certain level of future returns ? This is shares...can sell anytime !

Posted by leslieroycarter > 2018-01-10 08:20 | Report Abuse

Those who had sold triggered by a few speculators here in so small volume will be regretted for life as the majority of holders here are very long term , some way back in its inception days when it was traded RM 1.40/1.45....it shot up passed wll over RM 13.00 , after split , it was RM 6.50 , now it is traded RM 8-9. Good or not , we can easily access . For the DRP part in exchange of div paid , some quarters said , it is a bad bargain, though it is only fixed at RM 7.80 compared in trade of well excess of RM 9.00. I m still for the DRP coz it is very much cheaper than purchased from the market being void of commission charges, transfer fees , stamp duties and GST . Where can u get such a good deal now? Maybank also did the same thing of paying div or issuing stock at 10% below market market price , whereas Scientx offered a better deal coming to 17%. Agree or disagree is up to individual . If u state the facts and substantiate with more credible reasons , then everyone of us here will be more than welcome to hear more from u more in future.

Posted by dextronium > 2018-01-10 08:34 | Report Abuse

Anyone has got the DRP offer letter? Thanks in advance for any input.

Posted by ss20_20 > 2018-01-10 08:34 | Report Abuse

Those with less than 7,800 shares then you will receive cash dividend

Posted by dextronium > 2018-01-10 08:55 | Report Abuse

I have fulfilled this criteria.

Posted by leslieroycarter > 2018-01-10 10:31 | Report Abuse

The future returns at least better than RM 13 previously if it breached 10 B in a few years time ... I think it shall be RM 18-20 .... The future returns shall be better than 3%interest from local banks.

Posted by leslieroycarter > 2018-01-10 10:39 | Report Abuse

vol 42,400 shares sold yesterday ...compared with normal trade of vol 127k to 356k. from 33% to 9% respectively. Too insignificant to pull down the stock given its strong fundamentals still very much intact . If the punters can sell more than 100k per day , then the picture will be different . But i doubt the sudden sell can really pull the rest who are long term holders to part cheaply when its future is getting stronger by the day.

Posted by Ricky Yeo > 2018-01-10 17:33 | Report Abuse

Look it this way. DRPs can be a good deal for some not everyone. If in my universe where I only understand FD and Scientex but nothing else, DRP for Scientex will be a very good deal, because my opportunity cost, buying FD instead of DRP Sctx, is low. In contrast, if my uncle offer his business for only 10% of its true value, should I put my money in DRP or buy his business? of course I'll be too dumb to buy DRP because my uncle business promise way better return given he only offer me at 10%.

Business is always talking about future return on capital. How much the business can generate given its current and future investment. Which means if you DRP at that price, mean you value Scientex as 'good value', given that there are no other better opportunity out there. But if you do have a good opportunity somewhere, that is a bad decision.

To give a concrete example, Scientex at DRP price would means you 'own' a piece of the business at $3.741 market cap. IF you assume that Scientex can hit $10 bil market cap in 10 years, what is the CAGR? 10.3%. This is factual. You can calculate that. And assume PE ratio maintain the same, that means the share price will compound at 10.3% CAGR as well.

So now the thing is, what is your opportunity cost? What is the next best idea.? If someone has another stock that can give 15% long-term for next 10 years, does it make sense to get this DRP? Of course not, that is wasting opportunity. Comparatively, if someone only has the next best idea that can give say 8% long-term (all else equal i.e quality), then surely he should buy the DRPs.

Opportunity cost is relative, everyone is different. And FYI, I hold Scientex since $2.47 pre-split, just in case someone wants to accuse I have hentai intention.

IF you think DRP Scientex is good, that's great you should subscribe. The point is advising someone without taking into their opportunity cost is not a good thing to do. Just as someone would ask should i buy this, should I buy that, of course I can't answer. My opportunity cost is different from yours.

Posted by Ricky Yeo > 2018-01-10 18:02 | Report Abuse

Now this trigger another interesting thing. I've no doubt if someone ask if he should buy Scientex now, surely all Scientex supporters will ask him to buy, saying great management, well run (I agree), etc. Lets quantify this.

Scientex current market cap is $4.35 bil, using same equation, 10 years 10 bil, you get CAGR 8.68%, which is decent if not crap. But mark my word, many people buying Scientex at this price will be imagining themselves earning 100% return in 3-5 years, thinking it is 'conservative' estimate given Scientex has average more than 100% per year for past 5 years.

Posted by Ricky Yeo > 2018-01-10 18:25 | Report Abuse

And I am not too sure how you derive growth of 25% p.a given a $10 bil market cap in 10 years, unless you are assuming the PE will be so low than current level by then.

Posted by leslieroycarter > 2018-01-12 12:19 | Report Abuse

If u r thinking out of the box not related to comparison to bank deposit vs div from stock ; like doing business as an entrepreneur , then there is no point to deliberate further . How to compare apple and an orange ? Two different things and too many variables n too different DNA altogether , It is just like u r going for business n I m talking about bitcoin , a broad chain crypto currency investment . The up n rise witnessed so far was astronomical. With this , it will come with the same risks n liabilities as well. I m talking stock investment not involving much mental orientation but su5 comfortably to see nominal projection of your fund in a manageable way , same as other stock investing . It is that plain simple n not much of economic n accounting jargons applied to be easily understood.

Posted by Ricky Yeo > 2018-01-12 13:43 | Report Abuse

We can exclude my uncle's business if you want. But the logic is still the same, DRPs is only good if other opportunities i.e other stocks provide lower future return. IF someone has a stock that can return more than 10.3% in next 10 years, all else equal, this DRPs is not the first choice.

And if you only want to compare between bank deposit and stock, any stock that has dividend yield higher than 4% or PE below 25 (1/25=4%) can be justified as more preferable than putting that sum of money in bank deposit. But that is only true if both carry the same risk, which obviously isn't. Investor demand higher return (risk premium) in order to compensate for the risk of investing in stock, because they are riskier in nature (whether that's Scientex or Public Bank) compare to having it in bank deposits.

So going back to that 10.3% CAGR, the risk premium is 6.3% (10.3-4%). That means again, an investor has to compare to see if 6.3% is enough to compensate for the risk he is taking.

I am sure I try to be as simple as I can. No Physic level maths. Opportunity cost is really "Should I spend tonight going for movie' or 'Should I watch dvd at home'

Posted by leslieroycarter > 2018-01-19 12:47 | Report Abuse

Generally , market was down the last few trading days n some chosed to unload first n buy later. The volume is too small to make any appreciable impact unlike HY where it has gone down from 19+ to 11+ within a few trading days . Scientx as seen is perfectly all right given the poor sentiments all around .

Posted by leslieroycarter > 2018-01-26 15:31 | Report Abuse

26-Jan-2018 Additional Listing Dividend Reinvestment Plan that provides the shareholders of Scientex with an option to elect to reinvest their single tier final dividend of RM0.10 per ordinary share in Scientex ("Scientex Share(s)") for the financial year ended 31 July 2017 in new Scientex Shares. - 5,226,500 shares at 7.800.

Posted by leslieroycarter > 2018-01-29 14:42 | Report Abuse

Scientax is no HY , selling down means that you are throwing yourself into a tiger’s den. The opportunists will snap up gleely and finally the price will be back to normacy.

Posted by leslieroycarter > 2018-02-02 12:07 | Report Abuse

Recent dividend converted to shares added more shares to the substantial investors ...none had sold any...from disclosures

Posted by leslieroycarter > 2018-02-07 07:51 | Report Abuse

next qtr result shall b in Mach ...the little selling low every day has got the stock in jittery n created new low for Scientex , but longer term prospect shall be good.

Posted by azhanmatnordin > 2018-02-07 15:40 | Report Abuse

Shall we wait until March?

Posted by leslieroycarter > 2018-02-08 09:53 | Report Abuse

This stock is for long term , once u sell , very difficult to buy back when it spikes...

Posted by leslieroycarter > 2018-02-08 09:54 | Report Abuse

This stock shall give u overall returns at 20%per annum

Posted by leslieroycarter > 2018-02-09 20:13 | Report Abuse

In stock market anything can happen...

Posted by leslieroycarter > 2018-02-09 20:16 | Report Abuse

The stock has undergone serious correction from 9.80 to 7+.
Best time to pick up more stock...

Posted by azhanmatnordin > 2018-02-12 11:21 | Report Abuse

Hope already rock bottom, even can give us "BUY" opportunity

Posted by leslieroycarter > 2018-02-21 10:20 | Report Abuse

oversold for no apparent reasons ...but holders of scientex are long term , thus no impact at all

Posted by leslieroycarter > 2018-02-22 11:09 | Report Abuse

once sold , very difficult to buy back esp for Scientex

Posted by kionglee > 2018-02-23 09:57 | Report Abuse

any news, why suspend ?

Posted by Alanganps > 2018-02-23 16:30 | Report Abuse

The Board of Directors of Scientex Berhad ("Scientex") wishes to announce that on 23 February 2018, Scientex Packaging Film Sdn Bhd (Company No. 255035-P), a wholly-owned subsidiary of Scientex, has entered into a Sale and Purchase Agreement ("SPA") with Law Wan Hong @ Lew Wan Hong (NRIC No. 421014-10-5563), Ng Boon Eu (NRIC No. 751116-14-5795), Lew Pei See @ Law Pei See (NRIC No. 760116-10-5042) and Lew Pei Lin @ Law Pei Lin (NRIC No. 740125-10-5636) to acquire a total of 20,000,000 ordinary shares in the share capital of Klang Hock Plastic Industries Sdn Bhd (Company No. 28053-D) ("KHPI"), representing the entire issued share capital of KHPI for a total purchase consideration of Ringgit Malaysia One Hundred and Ninety Million (RM190,000,000.00) only to be satified entirely via cash, subject to the terms and conditions contained in the SPA ("Proposed Acquisition").

For further details of the Proposed Acquisition, please refer to the attachment.

This announcement is dated 23 February 2018.

Posted by bullbullbully > 2018-02-24 09:38 | Report Abuse

Does this mean that monday will gap up??

Posted by LOLANTO > 2018-02-24 16:35 | Report Abuse

YES, GOING UP DEFINITELY. HO SEI LIAU!

Posted by leslieroycarter > 2018-02-26 16:59 | Report Abuse

The syndicate ask to sell Scientx , I think the effect is negligible but surely will make a dent . Long term still promising...

Posted by leslieroycarter > 2018-02-26 17:12 | Report Abuse

Good , more chances to accumulate more...

Posted by Aeron_learner > 2018-02-26 23:21 | Report Abuse

Why aquisition happened but the price fall? Any thought?

Posted by Doer > 2018-02-27 09:44 | Report Abuse

Buy one share to monitor first...

Posted by leslieroycarter > 2018-02-27 11:18 | Report Abuse

syndicate thought that they can manipulate Scientex to their advantage but they just cannot move the stock well because the holders here are long term , they did not bother to look even price fall by a ringgit ; instead they buy more whenever the syndicate throws until they have no more bullet and left empty handed .

Posted by leslieroycarter > 2018-02-27 11:19 | Report Abuse

price drops buy more...long term another RM 13-15 again , may be another 5 years...

Posted by leslieroycarter > 2018-02-27 15:34 | Report Abuse

With new Acquisition n setting up factory in US , the future growth will be spectacular.

Posted by bullbullbully > 2018-03-09 13:15 | Report Abuse

Waiting to go below rm8 to buy more

Posted by 股你悟到 > 2018-03-22 13:29 | Report Abuse

QR +4%

Posted by 3iii > 2018-03-22 16:18 |

Post removed.Why?

Posted by RedEagle > 2018-03-24 08:16 | Report Abuse

KUALA LUMPUR: The Malaysian oil, gas and energy sectors have exceeded its target, achieving 112 per cent of its 2017 key performance indicator (KPI).

The National Transformation Programme 2017 Annual Report said this was attributed to highest ever foreign direct investment (FDI) inflow to Malaysia of US$7 billion investment from Saudi Aramco in the Refinery & Petrochemical Integrated Development Project (RAPID) in Johor.

Meanwhile, the US$27 billion Pengerang Integrated Petroleum Complex's (PIPC) has reached 84 per cent completion, and set to be 100 per cent operational by the first quarter of 2019.

En route to materialise its target to make Malaysia an oil and gas downstream hub, the Pengerang Deepwater Terminal (PDT) received more than 1,458 vessels including seven very large crude carriers (VLCCs) and handled 1.5 million tonnes of petroleum products as of December 2017.

For the oil and gas services and equipment (OGSE) sector, Malaysia aims to reach RM10 billion in investments in two years compared to RM7.7 billion investments recorded last year.

The sector also eyes to achieve the target of 50 multinational companies (MNCs) to set up operation in Malaysia against 39 from 2012 to 2017.

18 OGSE MNCs have already based their headquarters in Malaysia.

The report said the oil, gas and energy sector had increased Malaysia's competitive advantage by intensifying exploration and enhancing production from domestic reserves while building a strong presence in the regional mid-stream logistics and downstream markets in addition to exploring alternative energy sources.

With the Gas Supply (Amendment) Act 2016 having been amended on January 16 last year, new gas market licencses were issued through Third Party Access, allowing the entrance of new players into the market.

Malaysia has also committed to the Paris Agreement with 500 energy-intensive companies' having reduced total energy consumption to 14,455 GWh and set aside RM200 million funds to spur the implementation of energy-efficient projects.

The number of photovoltaic service providers grew to 120 in 2017 from 30 companies in 2011 and 6,114kW of Net Energy Metering capacity approved in 2017.

Posted by vcheekeong > 2018-03-24 11:35 | Report Abuse

Redeagle...anything do with scientex?

Posted by leslieroycarter > 2018-03-30 21:19 | Report Abuse

Insiders buying spree....

30-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 100,000 shares on 29-Mar-2018.
30-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 39,000 shares on 28-Mar-2018.
30-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 8,100 shares on 28-Mar-2018.
30-Mar-2018 Insider MR LIM PENG JIN (a substantial shareholder) acquired 100,000 shares on 29-Mar-2018.
30-Mar-2018 Insider MR LIM PENG JIN (a substantial shareholder) acquired 39,000 shares on 28-Mar-2018.
30-Mar-2018 Insider MR LIM PENG JIN (a substantial shareholder) acquired 8,100 shares on 28-Mar-2018.
30-Mar-2018 Insider SCIENTEX HOLDINGS SDN BERHAD (a substantial shareholder) acquired 100,000 shares on 29-Mar-2018.
30-Mar-2018 Insider SCIENTEX HOLDINGS SDN BERHAD (a substantial shareholder) acquired 39,000 shares on 28-Mar-2018.
30-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 100,000 shares at 8.393 on 29-Mar-2018.
30-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 39,000 shares at 8.297 on 28-Mar-2018.
30-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 8,100 shares at 8.295 on 28-Mar-2018.
30-Mar-2018 Insider MR LIM PENG JIN (a company director) acquired 100,000 shares at 8.393 on 29-Mar-2018.
30-Mar-2018 Insider MR LIM PENG JIN (a company director) acquired 39,000 shares at 8.297 on 28-Mar-2018.
30-Mar-2018 Insider MR LIM PENG JIN (a company director) acquired 8,100 shares at 8.295 on 28-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a substantial shareholder) acquired 204,200 shares on 27-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a substantial shareholder) acquired 230,700 shares on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a substantial shareholder) acquired 13,600 shares on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a substantial shareholder) acquired 277,500 shares on 23-Mar-2018.
28-Mar-2018 Insider SCIENTEX HOLDINGS SDN BERHAD (a substantial shareholder) acquired 204,200 shares on 27-Mar-2018.
28-Mar-2018 Insider SCIENTEX HOLDINGS SDN BERHAD (a substantial shareholder) acquired 230,700 shares on 26-Mar-2018.
28-Mar-2018 Insider SCIENTEX HOLDINGS SDN BERHAD (a substantial shareholder) acquired 277,500 shares on 23-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 204,200 shares on 27-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 230,700 shares on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 13,600 shares on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 277,500 shares on 23-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a substantial shareholder) acquired 22,800 shares on 23-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 204,200 shares at 8.304 on 27-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 230,700 shares at 8.223 on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 13,600 shares at 8.224 on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 277,500 shares at 8.161 on 23-Mar-2018.
28-Mar-2018 Insider MR LIM PENG CHEONG (a company director) acquired 22,800 shares at 8.150 on 23-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a company director) acquired 204,200 shares at 8.304 on 27-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a company director) acquired 230,700 shares at 8.223 on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a company director) acquired 13,600 shares at 8.224 on 26-Mar-2018.
28-Mar-2018 Insider MR LIM PENG JIN (a company director) acquired 277,500 shares at 8.161 on 23-Mar-2018.
28-Mar-2018 Insider MR ANG KIM SWEE (a company director) acquired 8,000 shares at 8.130 on 23-Mar-2018.

Posted by leslieroycarter > 2018-04-06 10:41 | Report Abuse

Insiders buying...

Posted by shpg22 > 2018-04-06 13:06 | Report Abuse

good good....support the price slide while minority shareholder keep selling.

Posted by leslieroycarter > 2018-04-06 17:40 | Report Abuse

Buy back by major shareholders.... look safe

Posted by leslieroycarter > 2018-04-09 17:57 | Report Abuse

It has gone down from 980 to 755 .....it looks really bad....

Posted by Nicholas Lai Mc > 2018-04-10 09:43 | Report Abuse

Consistently profit every year, good time to collect, cheaaaaaaap sale

Posted by trulyinvest > 2018-04-10 15:22 | Report Abuse

bought 7.49

Posted by trulyinvest > 2018-04-10 15:41 | Report Abuse

sold 7.59. thx

Posted by leslieroycarter > 2018-04-11 09:51 | Report Abuse

A discount of 2.20 per share considered very tempting , long term shall be more than 10#