https://www.klsescreener.com/v2/news/view/527050 One if the son company in China will registration it due to trade war however that company is not manufacturing any product and mainly for packaging . The main production still in Malaysia and direct export to others country and without any additional tax especially to US market. Thx to bank Negara on cut opr due to ringgit will weaker and benefit to export courter
Cockroach Paul lee I heard u r cashrich, bought many share, so fast no bullet? Haha Never mind, June u will get ur dividend and year end get ur rewards
moving into retirement with merely 1 mil, i intend to park 600k into FD, withdrawing 40k p.a. for 15 yrs. invest 400k into Hevea. hopefully 7% of 400k= 28k p.a. is sustainable.
@cashrich, i already retired. tq 4 your advice. i will put all my money in one basket, Hevea. No need to sell next 15 yrs cause already got fund 4 15 yrs. Hopefully, Hevea rebound to RM1.50 IN 3 YRS. who knows?
Congrat klchai123 been retired... then u may reserve some fund to purchase life insurance of urslef and nominee to ur family. protect family with small fund but high return if anything happened to the life insure. don't worry im not selling insurance but i think best wealth & protection was insurance.
The revenue and profit before tax reported for this period increased by RM9.55 million or 13.83% and RM7.89 million or 555.74% as compared to the same period last year. The higher revenue and profit before tax were mainly due to higher production output and better utilization of production capacity, USD/MYR exchange rate was also higher compared to the same period last year. i think may drop abit on coming monday?
Revenue from mushroom business was still very little and not relevant to overall business segments. Don't know when only it can break million mark on quarterly basis?
Missed estimates only bcoz of ParticleBoard Segment reported in Loss. But overall cash flows margin is much better than last year Q.
Plus sign, RTA Segment is resumed to previous momentum. Margin is also slowly improved back to previous level.
In short Cash Flows generated in Q1 2019 is remained healthy, only dropped RM2mil. A good Dividend payout is still sustainable couple with Strong Cash piles on hand.
DualShock comments by segment :
Particleboard - I expect Q1 it can at least breakeven but it ended with loss. Moving to Q2 production at 80% utilization rate. Therefore Particleboard shall be able to turn green in Q2 but expect much lower margin due to soft market sentiment.
RTA - Beat my estimates. Plus a good sign no more inventories written off. Positive trend will continue with support demand from Japan. Next quarter I think can expect RTA margin will further improve (due to lower material cost + better efficiency)
Mushroom - Still in loss was expected. Next Q can expect higher Revenue with more distribution network in place as compared Q1.
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Posted by sarahdeaton > 2019-05-09 12:41 | Report Abuse
Okok. I sell all now.