Posted by Jon Choivo > 2017-02-07 19:46 | Report Abuse

I meant "previous year quarter did not do well, due to gain from deferred tax (Padding the profit)."

Its a matter of semantics, but i can see how one can get confused.

Could be tax rate go up, or more likely than not, additional PPE purchases or WIP recognized early. This will throw in more deferred tax since there is a 10-20% initial allowance for the tax base if im not mistaken.

Either way, tax is 25% since 2009 and drops to 24% in 2016. It should not affect.

My point still stands, operationally, they will be in a for a struggle. Id buy a little after each quarter and average down. Before the big jump comes in 2018.

Posted by YiStock > 2017-02-07 19:53 | Report Abuse

Noted with thanks

Posted by Icon8888 > 2017-02-07 20:13 | Report Abuse

I hope it crash and underperform in 2017. I havnt bought enough

Would like to buy more, especially after selling air asia in few months time

Posted by shareinvestment7 > 2017-02-07 20:16 | Report Abuse

Ok thanks for the explanation. Then what is the reason for the cash and cash equivalents, reduced from 173million to 91million in 1 year time. 3 months ago, the net cash position is 118million.

Posted by Jon Choivo > 2017-02-07 20:19 | Report Abuse

Purchase of PPE. Much higher receivables. Higher Inventory. Dividend payout.

Posted by curious2 > 2017-02-07 20:19 | Report Abuse

Latest QR why no benefit from weak RM?

Posted by Jon Choivo > 2017-02-07 20:23 | Report Abuse

Icon8888, why sell airasia? I think that stock can hold for a long time.

My generation is the most well traveled generation of all time. These days all the people at my generation all start working, all got money, all "wanderlust" lah, facebook feed all is people travel or wanting to travel.

I think Airasia is the most well placed to take advantage of this.

You're probably sick of the stock, seeing it go from 2.8 to 2.15 to 2.6. But id just hold till an over pricing happens.

Posted by IamGoogle > 2017-02-07 20:24 | Report Abuse

Not easy, results need to be delivered earlier rather than later.

Posted by newb1995 > 2017-02-07 20:33 | Report Abuse

Tomorrow drop below Rm5?

Posted by probability > 2017-02-07 20:34 | Report Abuse

wah...many sifus here..can anyone recommend 1 or 2 stocks which has the greatest near term rise potential?

May be Icon has to resummarize his latest portfolio ...i am not getting 'strong gut feelings' on any stock these days...:(

unlike the time when the Export furniture stocks were so bullish

Posted by stockmanmy > 2017-02-07 21:06 | Report Abuse

icon likes aeroplane businesses.

they fly and crash and nobody knows when.

Posted by Icon8888 > 2017-02-07 21:14 | Report Abuse

If I sell at 3.20, the profit alone can cover my living expenses for many many years. I don't mind cashing out.

I am a punter, not Warren buffett

I don't hold long long long term

Posted by Jon Choivo > Feb 7, 2017 08:23 PM | Report Abuse

Icon8888, why sell airasia? I think that stock can hold for a long time.

My generation is the most well traveled generation of all time. These days all the people at my generation all start working, all got money, all "wanderlust" lah, facebook feed all is people travel or wanting to travel.

I think Airasia is the most well placed to take advantage of this.

You're probably sick of the stock, seeing it go from 2.8 to 2.15 to 2.6. But id just hold till an over pricing happens.

Posted by yfchong > 2017-02-07 21:21 | Report Abuse

Time to mark

Posted by Tom > 2017-02-07 21:25 | Report Abuse

cham lo, tomoro no eyes see......

Posted by stockmanmy > 2017-02-07 21:34 | Report Abuse

sailang...that is the way to go....


Icon8888 > Feb 7, 2017 09:14 PM | Report Abuse

If I sell at 3.20, the profit alone can cover my living expenses for many many years. I don't mind cashing out.

Posted by stockmanmy > 2017-02-07 21:35 | Report Abuse

2017 is the first year of my sailang life....more to come.

Posted by yfchong > 2017-02-07 21:50 | Report Abuse

Bro Tom nice to see u here......

Posted by Jason33 > 2017-02-07 22:25 | Report Abuse

Jon Choivo, why u mentioned their operational performance is not good? can elaborate further. is it the revenue is not good enough? Also does this company benefit from strong USD? I am new to this counter.

Posted by Jon Choivo > 2017-02-08 08:34 | Report Abuse

Its a great business. Just know that you can't expect higher profit in for 2016 and 2017 year ends. Cause their tax allowance is finished and environment is not so good. This one, you must be willing to hold for 1-2 years if you buy now.

Posted by yfchong > 2017-02-08 09:09 | Report Abuse

SAM......, waiting for the pitch......., to make homerun

Posted by SALAM > 2017-02-08 09:32 | Report Abuse

Puntvestors guest and guestimate the movement of shares. Some based on facts and figures, others on guts feeling. Somehow, Icon was able to get somewhere because he reads figures and with that trying to read the future. How often can it work? Let's see the SAM

Posted by moneygod88 > 2017-02-13 23:59 | Report Abuse

this counter always push down whenever there was a rebound, look like an unfriendly party or insider is ready to press down the price, so never queue to buy in big quantity or eat the seller for your safety.....

Posted by Victor Tan > 2017-02-15 23:37 | Report Abuse

Accumulate at 5.2 and below, two more mediocre quarters to go before you see any action here.

Posted by Icon8888 > 2017-02-19 11:31 | Report Abuse

https://klse.i3investor.com/blogs/icon8888/115861.jsp

Posted by PlsGiveBonus > 2017-02-19 12:04 | Report Abuse

Donald Trump new amendment: build a Great Wall

Posted by stockmanmy > 2017-02-19 15:45 | Report Abuse

the real question is how long can Donald Trump last?

Posted by woosytan > 2017-02-24 23:25 | Report Abuse

good to sam and jhm :)

Posted by mjsim1990 > 2017-03-04 18:11 | Report Abuse

http://theedgemarkets.com/my/article/boeing-cutting-1800-seattle-area-factory-engineering-jobs?type=corporate

Not sure if this would impact SAM revenue...

Posted by dompeilee > 2017-03-06 10:32 | Report Abuse

My good ol' SAM...still holding you @ a cost of 5.39 :D

Posted by shan75 > 2017-03-13 14:55 | Report Abuse

8.00 within reach!

Posted by Ahbeng11 > 2017-03-13 16:38 | Report Abuse

Result out

Posted by Icon8888 > 2017-03-13 20:58 | Report Abuse

7 by this year happy already

10 by 2018 after profit kicks in

Posted by ravih > 2017-03-14 08:01 | Report Abuse

Triggered Buy Today

Posted by yfchong > 2017-03-14 11:48 | Report Abuse

congrats bro icon

Posted by Equityengineer > 2017-03-14 13:53 | Report Abuse

Inside this SAM today

Posted by SouthernQueen > 2017-03-14 23:22 | Report Abuse

what result?

Posted by shan75 > 2017-03-15 10:09 | Report Abuse

8.00 on board!

Posted by Icon8888 > 2017-03-15 10:57 | Report Abuse

every week up few sen, very soon it will be 7.00

Posted by Equityengineer > 2017-03-15 10:59 | Report Abuse

Believe in SAM ..

Posted by dompeilee > 2017-03-15 20:42 | Report Abuse

SAM my lovely SAM :D

Posted by shan75 > 2017-03-15 21:28 | Report Abuse

8.00 in t oven, baking n t smell is amazing!

Posted by Equityengineer > 2017-03-16 09:22 | Report Abuse

SAMbreak the 6.20

Posted by shan75 > 2017-03-16 09:49 | Report Abuse

8.00 baking good!

Posted by dompeilee > 2017-03-16 09:52 | Report Abuse

6.40!!!! :D :D :D

Posted by Op3rs > 2017-03-16 10:11 | Report Abuse

why run so fast.....................................................

Posted by Equityengineer > 2017-03-16 10:14 | Report Abuse

This price should have achieved last week itself , its consider slow due to bad market last 3 days. Maybe will challenge 6.50 before consolidating ..

Posted by Equityengineer > 2017-03-21 15:35 | Report Abuse

Drop below 6.20 , time to pick up

Posted by leekh5555 > 2017-03-24 12:45 | Report Abuse

banyak susah mau collect lo, started from 5.55 until now still collecting...

Posted by Equityengineer > 2017-03-24 13:43 | Report Abuse

Can get. 6.15 below is a steal ..

Posted by shan75 > 2017-03-31 07:50 | Report Abuse

7.00 no issue!