Posted by i4investor > 2016-11-21 10:29 | Report Abuse

Business going down hill, now solid but future might not, share price will tell u, but is too late that time... see it first 1.50

Posted by Benjamin_8888 > 2016-11-21 11:11 | Report Abuse

Be aware of imposition of safe guard duties on imported steel wire rod on 27 Sep, not sure how this will impact 2Q result. Just be careful guys. Anyone attended the AGM?

Posted by PlsGiveBonus > 2016-11-21 11:12 | Report Abuse

Kyy cut loss again?

Posted by PlsGiveBonus > 2016-11-21 11:13 | Report Abuse

This counter I loss 3 times
Loss face con-pany

Posted by Benjamin_8888 > 2016-11-21 11:15 | Report Abuse

Plsgivebonus, I'm sorry to hear that

Posted by PlsGiveBonus > 2016-11-21 11:19 | Report Abuse

No hard feeling


Benjamin_8888
327 posts
Posted by Benjamin_8888 > Nov 21, 2016 11:15 AM | Report Abuse

Posted by FlexiWIN > 2016-11-21 11:22 | Report Abuse

Even though financial reported not as good as before but still profitable, why worry so much?

Posted by Albukhary > 2016-11-21 11:24 | Report Abuse

Can any sifu here go to analyse the quarter result from perspective below:-

1) Why revenue reduce? Due to lower demand or short production cycle during Hari Raya Puasa.

2) The reduce in Europe market is due to Europe Economy down, or due to China competition?

3) What is the profit generated from its Vietnam subsidiary?

4) What are the current production capacity utilization rate?

Posted by Blink22 > 2016-11-21 11:43 | Report Abuse

tough operating conditions and EU tariffs.

Posted by Investmon > 2016-11-21 13:58 | Report Abuse

I think KYY owns quite a lot of Chinwell shares...his golden rule of selling when quarterly profits are on downtrend may mean more sell down for chinwell shares...RUN!

Posted by davidkkw79 > 2016-11-21 14:03 | Report Abuse

U r totally right on his golden rule!

Posted by Myeye > 2016-11-21 14:46 | Report Abuse

bleeding... bye.

Posted by MuttonCurry > 2016-11-21 14:58 | Report Abuse

Prominent investor talk up this counter .... What happen ? Now eat kuaci and watch horror show

Posted by Feng Ning Yeoh > 2016-11-21 16:16 | Report Abuse

company says that EU orders was very slow after the anti dumping duty, but order spike up last week after US president election (RM fall).

Posted by cjlim > 2016-11-21 16:33 | Report Abuse

Weak retailer will be wipe out. is a change for the Company and Investor to collect more. Holding Power is important.

Posted by cjlim > 2016-11-21 16:38 | Report Abuse

The result of Q1 2017 is not bad. Profit decrease just because ChinWel Q1 2016 is too good.

Posted by FlexiWIN > 2016-11-21 21:17 | Report Abuse

Exactly!

Posted by i4investor > 2016-11-21 22:22 | Report Abuse

Surprising can stay 1.60 above, mean still strong, let see tmr

Posted by FlexiWIN > 2016-11-21 23:33 | Report Abuse

Chin Well’s current share price is almost close to its NTA. This is a sign that the company’s share is undervalued…

Posted by cjlim > 2016-11-21 23:34 | Report Abuse

Focus Lumber this quarter drop 70%. Some more no dividend announced.

Posted by cjlim > 2016-11-22 07:42 | Report Abuse

Will ChinWel benefit after Japan Tsunami ?

Posted by wonderboy > 2016-11-22 09:36 | Report Abuse

Profit need to see
-Profit/(loss) for the period or
-Profit/(loss) attributable to ordinary equity holders of the parent ??

Posted by Max Yong > 2016-11-22 09:47 | Report Abuse

Business is not every qtr also makes profit. sometimes the revenue or profit maintain or dropped is very normal phenomenon. This company is so great thou. This counter is for long term investors, not for speculators.

Posted by i4investor > 2016-11-22 14:50 | Report Abuse

1.00 coming...

Posted by William > 2016-11-22 15:17 | Report Abuse

i4investor i think you r dreaming... lol

Be positive bro

Posted by Forwardmind > 2016-11-22 17:54 | Report Abuse

Thanks for someone selling so I could buy some today

Posted by i4investor > 2016-11-22 19:05 | Report Abuse

Funny... they reported wrong vakue

Posted by smartInvestor1 > 2016-11-22 19:17 | Report Abuse

result come out.. drop 29% due lower demand from oversea... luckily sold at 1.75

Posted by PlsGiveBonus > 2016-11-22 19:24 | Report Abuse

Hold tight tight
Tomorrow water fall continue

Posted by red_85 > 2016-11-22 19:38 | Report Abuse

hold tight tight..stuck 2 years at least..
sell and switch to other better...revenue drop meant biz drop!!!

Posted by Kkevin2625 > 2016-11-22 23:31 | Report Abuse

Lol, are this gang of 散播悲观actually same people?

Posted by chamlo > 2016-11-23 04:14 | Report Abuse

Trump policy-no TPP

Posted by cjlim > 2016-11-23 23:53 | Report Abuse

This Trump is 'Roti Canai'. Don't believe so much.

Posted by cjlim > 2016-11-24 00:22 | Report Abuse

The China-made screws are known to have issues with quality, which is why we did not see an impact on our screws from the removal of the anti-dumping duties. And we find that usually, the industrial buyers — those involved in construction and who buy in big quantities — still prefer to buy from us because of the better quality [we offer]. But those who are selling fasteners to end users will buy from the Chinese,” explains Tsai.

Chin Well’s DIY fasteners, which are manufactured in Vietnam, have not been affected because the largest cost component for this segment is packaging and labour. According to Tsai, most of China’s fastener manufacturers in the coastal cities are facing a labour shortage. “China cannot compete with Vietnam because the labour cost in China is much higher. They can’t do it inland because it takes up a lot of space and it will not be worth the transport cost,”

Posted by cjlim > 2016-11-24 06:33 | Report Abuse

the anti-dumping duties were lifted, the Chinese fastener manufacturers found themselves facing a shortage of wire rods, which pushed up the price of Chinese-made fasteners sharply. Chin Well, which initially had to drop prices by about 10% for its European customers to compete with the Chinese, found itself able to raise prices again, along with those of its competitors.

Posted by davidkkw79 > 2016-11-24 20:01 | Report Abuse

But somehow China price still cheaper than chinwel

Posted by cjlim > 2016-11-25 07:48 | Report Abuse

Business not only talk about price. Many value added service need to consider also. ChinWel product is quality and confirm deliver on time. Price not much different in future.

Posted by Feng Ning Yeoh > 2016-11-25 13:07 | Report Abuse

cjlim, you went to AGM?

Posted by cjlim > 2016-11-25 15:38 | Report Abuse

Feng. I din't attend to the AGM.

Posted by i4investor > 2016-11-29 09:50 | Report Abuse

Look great...1.00 coming

Posted by i4investor > 2016-11-29 17:02 | Report Abuse

I guessed kyy is selling, few more weeks u will see 1.00

Posted by i4investor > 2016-11-29 17:05 | Report Abuse

End of next month...mostly u will. see it reach 1.40

Posted by lloydlim > 2016-11-29 23:46 | Report Abuse

Wrong! KYY was buying & supporting de price actually.

Posted by i4investor > 2016-11-30 12:56 | Report Abuse

Then pls hold...haha

Posted by cjlim > 2016-11-30 19:42 | Report Abuse

蔡芑云透露，公司目前也正在和宜家洽谈供应扣件的合作。

“若洽谈成功，公司和宜家间接合作的关系将转换成直接合作。”

她补充，公司一路以来和宜家的供应商都有合作的关系。

Posted by lloydlim > 2016-12-01 10:51 | Report Abuse

More to go!

Posted by smartInvestor1 > 2016-12-07 16:20 | Report Abuse

undervalue.. must buy some

Posted by SuperLaber > 2016-12-09 01:08 | Report Abuse

Seem like the price stabilise already :D

Posted by Kkevin2625 > 2016-12-24 12:27 | Report Abuse

collect slowly when no 1 talk about it :D

Posted by William > 2016-12-25 15:20 | Report Abuse

I think will go up soon