Posted by CrazyInvestor > 2015-08-10 19:02 | Report Abuse

To be honest, please do your homework before you touch this counter and at least READ annual report !

Please ignore my message if you're doesn't like to listen bad comment in relation to the counter that you bought.

Extracted from Annual report 2014 :
Note to financial statement

Note No.3
Foreign currency transactions are translated into the functional currency using the exchange rate prevailing at the dates of the transactions. Foreign currency gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the profit or loss.All foreign exchange gains and losses are presented in profit or loss within unrealised (loss)/gain on
foreign exchange and realised gain on foreign exchange.

Note No.5
If the relevant foreign currencies strengthened against the respective functional currencies of the Group entities by 5% (2013: 5%), it would decrease the Group’s profit before tax and decrease its retained earnings by approximately RM1.0 million (2013: increase loss before tax of RM1.4 million) and RM0.8 million (2013:RM1.0 million) respectively. A weakening in foreign currencies against the respective Group entities’ functional currencies by 5% (2013: 5%) has an equal but opposite effect. If the relevant foreign currencies strengthened against the functional currency of the Company by 5% (2013:5%), it would decrease the Company’s profit before tax and decrease its retained earnings by approximately RM0.6 million (2013: increase loss before tax of RM0.9 million) and RM0.5 million (2013: RM0.7 million)respectively. A weakening in foreign currencies against the functional currency of the Company by 5% (2013:5%) would have an equal but opposite effect.

Note no.20
The Group’s derivatives comprise solely of foreign exchange forward contracts incepted to hedge its currency exposures arising from *******purchases of raw materials in USD. The foreign exchange forward contracts generally
have a maturity period between 1 to 6 months.

Posted by yapie > 2015-08-11 08:26 | Report Abuse

Lol Minho drop more than Mieco yesterday.... lets see who win today.... ha..ha...

Posted by 1mocca > 2015-08-11 10:57 | Report Abuse

vrooomm

Posted by singkalan > 2015-08-11 23:36 | Report Abuse

Someone told me that Thambi Ravi kumar and gang got burnt badly in IFCAMSC, MINHO & MIECO, can anyone ascertain that?

Posted by singkalan > 2015-08-11 23:43 | Report Abuse

Stock: [IFCAMSC]: IFCA MSC BHD
Aug 1, 2015 02:08 PM | Report Abuse

@warrenbuffet Unlike you only good to mock people, I sold partial at the highs and some
More when it bounced back to 1.60ish. My average cost ~ 40 sen. While you were stuck here mocking others I bought Mieco, KimHin, Minho, VS and Magni on the breakout level making enough laughing at you now!!! Notice I did not even say anything here because it is clear there are idiots who are at best sour grapes.

I have to thank bilis2 for the nice tip on Perwaja


When tide goes out, you know who is swimming naked ! LOL

Posted by singkalan > 2015-08-11 23:50 | Report Abuse

When price up, thambi will appear to praise his sifu to follow his tips and claimed to make tons of money. When price down, MIA. Typical kaki Judi

Posted by xdar > 2015-08-12 10:01 | Report Abuse

Scary market, ringgit at 4.02 against 1 USD. Wonder if 1998 crash is going to repeat itself.

Posted by 林俊松 > 2015-08-12 14:49 | Report Abuse

Walao, Mieco RSI left 2 only?

Posted by xdar > 2015-08-12 15:06 | Report Abuse

bye bye my 30k, i'll see u again after the hibernation is over...

Posted by 林俊松 > 2015-08-13 10:37 | Report Abuse

Walao, today up a lot.
Flying!!!

Posted by yapie > 2015-08-13 10:40 | Report Abuse

I like this counter coz easily can jet up...

Posted by Rozani Redzuan > 2015-08-13 11:06 | Report Abuse

bole beli ka ini ?

Posted by BRAVOZULU > 2015-08-13 13:00 | Report Abuse

boleh saja rozani, tapi sy sudah loss lebih 20K di sini. sedihhh

Posted by yapie > 2015-08-13 18:35 | Report Abuse

This counter can make money but don't do it on margin......

Posted by able > 2015-08-13 20:33 | Report Abuse

Dont waste your time in this counter

Posted by stainlyho37 > 2015-08-14 10:09 | Report Abuse

i am disposed all my Aasia..after reading the high debt in USD !!!! all put into MIECO with +ve view on the USD appreciation....it should be about 0.95 after stabilizing in short term...

Posted by able > 2015-08-14 14:27 | Report Abuse

so many other counters that would gain from USD appreciation. Why do you single out Mieco?

Posted by alphajack > 2015-08-14 22:16 | Report Abuse

mieco is not exactly the best choice to gain from USD appreciation. ROE is not even that good..Hevea and Homeritz is way superior

Posted by red_85 > 2015-08-15 00:25 | Report Abuse

liihen latitude more geng

Posted by HITnRUN > 2015-08-17 16:29 | Report Abuse

back to normal

Posted by agrimineral > 2015-08-18 11:36 | Report Abuse

Just don't be greedy

Posted by Kyion > 2015-08-19 08:50 | Report Abuse

rebound today

Posted by shellhouse > 2015-08-19 18:29 | Report Abuse

Take a look at Evergreen!

Revenue increased by 20% , profit increased 200% , EPS 4.66 !

Posted by skywarrior > 2015-08-20 12:05 | Report Abuse

it flies like during july, indicative of better quarterly result?

Posted by AdCool > 2015-08-20 13:49 | Report Abuse

try to goreng again and trap speculator again

Posted by firdaus7lapan > 2015-08-20 14:19 | Report Abuse

It is seems the same uptrend of Homeriz, Hevea, Evergreen( from 3 days ago)...
The movement seems follow KLCI updown.
Just, be careful...

Posted by PN17player > 2015-08-20 15:50 | Report Abuse

Q2 result this Friday,

Posted by Count3 > 2015-08-20 23:43 | Report Abuse

Why suspended announcement?

Posted by GreenTrade > 2015-08-21 10:20 | Report Abuse

Finally Moving Up.

Posted by ppginvest > 2015-08-21 10:37 | Report Abuse

Q2 Report should be out today, next week breaks and up above RM1 again

Posted by Grace Ly > 2015-08-21 12:09 | Report Abuse

ppginvest, Q2 report out at what time today?

Posted by ChartMaster > 2015-08-21 12:50 | Report Abuse

within 6pm to 8pm .

Posted by ChartMaster > 2015-08-21 12:51 | Report Abuse

this stock has limited share, if the result is good, hopefully limit up

Posted by Grace Ly > 2015-08-21 12:58 | Report Abuse

chartmaster, why u give funny time 6 to 8pm? the result of q2 out? can u please serious?

Posted by icon999999 > 2015-08-21 12:59 | Report Abuse

cchartmaster very ganjiong...i think he cant sleep withou report

Posted by hunterdom84 > 2015-08-21 13:36 | Report Abuse

i throw all at 0.69...so sad now!!!!

Posted by saschl > 2015-08-21 13:42 | Report Abuse

Just personal opinion, I believe this counter controlled by bloody sharks I bled badly in this counter, I bought at 1.13 almost the peak, simply believed people shouted abt TP 1.6, holy shit!!

Posted by ppginvest > 2015-08-21 13:45 | Report Abuse

Grace, normally after market closed, then all the Qreports out one after another. There are some cases the reports out middle of the day too

http://www.malaysiastock.biz/Latest-Announcement.aspx
Examples those companies already out just now are:
PENERGY
MALAKOF
MTRONIC
TAWIN

Posted by goreng_kaki > 2015-08-21 13:46 | Report Abuse

I buy 50k unit in 0.705 sell 0.855 , 22%profit

Posted by yapie > 2015-08-21 14:18 | Report Abuse

I sell all left 10k lot wait till it reach my tp 1.50...

Posted by Grace Ly > 2015-08-21 14:28 | Report Abuse

PPGINVEST, thank you ur information.

Posted by ppginvest > 2015-08-21 15:51 | Report Abuse

eh, suddenly U-turn...Qtr report must be very good already...

Posted by Grace Ly > 2015-08-21 15:57 | Report Abuse

Hei, quarter result not yet come out right....they still have time till next week leh

Posted by ppginvest > 2015-08-21 17:46 | Report Abuse

Out already... WOW... Net Profit 2x...200++% better than earlier Q1 and last Q2!!!
Huat ar...

Posted by ppginvest > 2015-08-21 17:47 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=M&securityCode=5001

Posted by xdar > 2015-08-21 17:48 | Report Abuse

Result is out. Profit nearly doubled from preceding quarter

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4836721

Posted by ppginvest > 2015-08-21 17:48 | Report Abuse

my typo 122%.. not 200+% lah, too excited, silap, bodohnya saya

Posted by hissyu2 > 2015-08-21 18:05 | Report Abuse

It is weird... How could revenue increase 12% but net earning is x200%... Extra 3m from operating income... Is that possible ?

Posted by ChartMaster > 2015-08-21 18:14 | Report Abuse

EPS is 3.21 . very strong earning growth. EPS year todate is 13.52. one of the historic high growth rate. can u believe that the current PE is only 6 .

Posted by ChartMaster > 2015-08-21 18:19 | Report Abuse

Revenue is 10 mil higher compare to previous quarter. sld be arising from the depreciation of RM. but RM got worse hit in 3rd quarter. Q3 sld expect even more.