Posted by fast > 2017-02-27 18:13 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5349553

Posted by wonderboy > 2017-02-27 18:17 | Report Abuse

Now the NTA exceeding stock price...

Posted by Albukhary > 2017-02-27 18:39 | Report Abuse

Not bad result on Q to Q, revenue increased, profit increased.
On Y to Y, both revenue and profit are drop, but this is expected by the market d, so overall it is still quite a good result.

Posted by kkchoo79 > 2017-02-27 19:06 | Report Abuse

Chinwel, 真好

Posted by 1009 > 2017-02-28 00:01 | Report Abuse

Net Cash over 100 mil.. Malaysia & Asia revenue up up.. next Europe up up.. next USA got good news again.. fatt la : ).., can long long eat dividend liao.. yummy yummy

Posted by smartInvestor1 > 2017-02-28 01:22 | Report Abuse

一般般咯 还不如放FD或REIT更好。

Posted by 1009 > 2017-02-28 09:19 | Report Abuse

不一样..公司的盈利逐渐形成，流动现金增强。
往后很快就会派更多的股息，再加上股价成长。
回酬的未来一年，保守估计有20%以上，FD最多4.5%

Posted by 1009 > 2017-02-28 09:32 | Report Abuse

但愿：大家继续把票放的更便宜一点，给我点时间我慢慢收。
公司总票数才30万张而已，再用几年时间慢慢吃..不知道往后市场的流动票还会有多少？

Posted by Skye > 2017-02-28 14:29 | Report Abuse

1009 你是chiwel股东吗?

Posted by cjlim > 2017-02-28 20:09 | Report Abuse

Chinwel这一季的业绩比我预期的5分少了一点点，主要是欧洲的营业额萎缩了约23%，拖累了集团的整体表现。而公司在大马业务(石笼网及防盗网）则获得相当不错的成长与盈利表现，总算为公司保住了约14%的毛利。

管理层曾表示欧洲的部分订单在11月份开始回流，相信下个季度的业绩就会出现强劲的复苏并重新走向成长的道路。值得一提的是公司的现金流，这几年公司不断偿还债务后，公司的每股净现金增加的速度相当的快，目前已达到了每股34分，它可真是一家现金牛公司呀！

投机业绩虽然失败了，但我对它将来的业务复苏却相当有信心，因此我决定继续守下去，并会逢低加码来摊平成本。真想不到，我刚从Complete的套房check out不久，就得Check in Chinwel的套房了，或许唯一不同的是这间套房有提供饮食(Dividend)，不怕被饿死了！

转贴：糊涂投资网

Posted by Davidl > 2017-02-28 22:12 | Report Abuse

Seems like worth to buy at 1.50

Posted by i4investor > 2017-03-01 16:43 | Report Abuse

Bonus issue

Posted by Skye > 2017-03-01 19:41 | Report Abuse

How do you know that chinwel will declare bonus issue??

Posted by Zuiseng > 2017-03-01 20:02 | Report Abuse

请问bonus issue是好事还是坏事？

Posted by i4investor > 2017-03-02 22:13 | Report Abuse

Bonus issue 好

Posted by i4investor > 2017-03-03 10:11 | Report Abuse

Sapu, tp confirmed 2.0 end of apr

Posted by theintinvestor > 2017-03-03 12:59 | Report Abuse

on what basis there will be bonus issue? dun just say it..please provide reasoning....

Posted by i4investor > 2017-03-03 14:02 | Report Abuse

When the time u get to know the reason...the game almost at the end

Posted by Yixin Wong > 2017-03-06 15:31 | Report Abuse

From FA perspective, with bonus issue or not it doesn't matter. As your share of the company's net worth of assets does not change. It only improves liquidity as market price is now lower.

Posted by Buns > 2017-03-06 20:09 | Report Abuse

Very good company. This is one of my long term holds. I don't have many long term holds, just 4 names. Rest are for intraday or swing trading can hop here and there. But my long term names can hold till give grandchildren-maybank, dutch lady, united plantation, chin well.

Posted by Skliew > 2017-03-07 08:56 | Report Abuse

Buns, congrats! Can you please elaborate your choice of China Well? Thank you very much in anticipation...:)

Posted by 1009 > 2017-03-16 12:05 | Report Abuse

Walauoooo... 1 bulan baru up 1sen.. 12bulan up 12sen.. campur 1tahun div. 8sen..
1tahun 20sen... ok la.. over 10% run win EPF hahaaaaa...

Posted by jackfruit > 2017-03-16 12:38 | Report Abuse

Taiwanese company is like that loh.....

Posted by 1009 > 2017-03-16 15:22 | Report Abuse

Waaaaa... 2day up 2sen !! So extra bonus liao this moth ... hahahaaaaaaa

Posted by 1009 > 2017-03-17 10:58 | Report Abuse

Woooo... got ppl call buy up!! don't play 1-2sen up liao mer... hahaaaaa

Posted by lloydlim > 2017-03-22 19:30 | Report Abuse

Time to accumulate now!

Posted by Jimbo Takala > 2017-03-22 23:58 | Report Abuse

Guys, before is too late.
Will reach 1.90 by end of April
good company

Posted by culbertlim > 2017-03-22 23:58 |

Post removed.Why?

Posted by Skye > 2017-03-23 21:17 | Report Abuse

Really??

Posted by lloydlim > 2017-03-24 10:34 | Report Abuse

I hope it could come down.

Posted by geary > 2017-03-25 02:16 | Report Abuse

TTM EPS 0.21, Cash Flow per share 0.34, Free Cash Flow per share 0.31. Undervalued. Bullish at present. Thanks!

Posted by Skye > 2017-03-25 20:23 | Report Abuse

Agree

Posted by geary > 2017-03-27 17:23 | Report Abuse

The 'Easy Way' to find Wide Investment Moat.
1. Return on Invested Capital above 15% will be fantastic, but at least 7.5% or higher than Cost of Capital.
2. Dividend Payments consistently more than 10 years n above.
Type of MOAT.
Type 1. Supply type economies of scale.
Type 2. Network Effects.
Type 3. Brand.
Type 4. Switching Costs.
Type 5. Patents n Intellectual Property.
Thanks!

Posted by Albukhary > 2017-03-29 00:34 | Report Abuse

Tongherr give 20 cents dividend, why Chinwell can follow Tongherr?

Posted by geary > 2017-04-05 00:29 | Report Abuse

50-SMA, break-out from resistance... neutral n Bullish..!!!

Posted by geary > 2017-04-05 01:28 | Report Abuse

Buffett on market downturns, he wrote: "During such scary period you should remember two things, first, widespread fear is your friend, because it serves up bargains purchases. Second, personal fear is your enemy, investors should simply sit for an extended period with a collection of large, conservative-financed business will almost certainly do well."
He also added: The years ahead will occasionally deliver major market declines, even panic selling that will affect all stocks. No one can tell you when this traumas will occur, not me or Charlie, not the economists, not the media."
Thanks!

Posted by lloydlim > 2017-04-05 12:55 | Report Abuse

Time to accumulate!

Posted by Jason Lim > 2017-04-05 14:52 | Report Abuse

buy call !!

Posted by i4investor > 2017-04-10 22:14 | Report Abuse

price need stimulus...very hard it break 1.8

Posted by Davidl > 2017-04-13 11:46 | Report Abuse

Correction towards 1.60?

Posted by ELTcap > 2017-04-13 12:02 | Report Abuse

time to run

Posted by ELTcap > 2017-04-13 12:02 | Report Abuse

insider news

Posted by Mark Goh > 2017-04-13 16:56 | Report Abuse

Chinwel has steel commodity price risks and margin normalization. This will impact the stock although it has healthy financials. Construction trend is cooling and that will impact customer consumption for their products. Purchase it with caution.

I believe its intrinsic valuation is at 1.75-1.70 with the following Going Concern assumption: 2-3% revenue growth, 12% operating margin (average of last 4 years), ROIC of 11.4%-10.3%, WACC of 10.8% and terminal growth rate of 1.54%.

At current price levels of 1.77 it is at intrinsic value. This is as per Going Concern assumptions with no Margin of Safety.

Posted by Albukhary > 2017-04-18 10:47 | Report Abuse

why chinwell drop everyday?

Posted by applecider > 2017-04-21 10:05 | Report Abuse

wondering too but our frens David and ELTcap may know better

Posted by Albukhary > 2017-05-02 08:57 | Report Abuse

蔡芑云强调，去年11月后，欧洲客户的订单已经恢复至正常水平了，有关盈利预期将在2017年1月后入账，并反映在2017年中。

“部份欧洲客户发现中国的产品质量并不如晋纬控股，因此也纷纷回流至公司。”

蔡芑云说，过去，中国钢铁品制造成本廉宜，主要是当地工厂并没有重视环境保护，因此制造成本可以拉低。现在中国当局重视环境保护，并制定了新条例以保护环境。在新条例下，制造业需增设环境保护设备。

生产成本至少2亿

“原本没有相关环境保护设备的钢铁业者，在新的条例需要增添废水厂等设施，对中国钢铁制造业而言，成本亦大幅增加。”

蔡芑云亦认为，中国业者需增加环境保护设备，因此中国未来2至3年内的制造成本，并不会比东南亚国家来得低“晋纬控股自设立产线以来，废水处理设备一直都有不断进行升级，因此环境保护成本对公司并没带来额外的成本。公司每个月的废水处理成本约60万令吉左右。”

询及生产门槛，蔡芑云说，生产技术并没有太高的门槛，不过，要达到如晋纬控股一站式的规模生产线，不包含土地与建筑成本在内，至少需要2亿令吉。

“生产扣件经过酸洗（pickling）、退火（annealing）、成形（forming）、穿线（threading）、热处理（heat treatment）等众多步骤，一些小规模的工厂，并没有条件购置不同类型的机器，因此无法提供一站式的生产。”

Posted by JacNgu > 2017-05-02 10:28 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/05/02/chin-well-sees-lower-revenue-and-bottom-line/...what different does it make? a shit stock that hardly moves. poop poop poop

Posted by jibbie > 2017-05-02 13:31 | Report Abuse

I believe the price will drop further when they release the quarterly earnings

Posted by i4investor > 2017-05-02 15:52 | Report Abuse

kyy counter

Posted by i4investor > 2017-05-02 15:52 | Report Abuse

look like no hope