IMO, what we are seeing now is a 'possible' reversal of the downtrend.

Which I have laid down the 3 possibilities....


In the stock market, you better learn that possibilities is never cast in stone.

Shit happens..... a lot.

Sometimes it's better they preserve their credibility by not saying anything. Latest dali's bfm podcast discuss about megb, where he said megb should be valued at RM1 based on its NTA Btw, he said he got the shares la.

Hmm so 1,2 or 3?

I am thinking 2 is the likely outcome.. cause the FA is still moderate.. but not bad enough for 3. For no 1, need more catalyst than stock buyback.

So boleh kah?

This post has been edited by gark: Mar 29 2014, 12:31 PM

Outside now....hehe

Reply you later...2 hours time

But think back hor.. wait to see next Q report first.. see got signs of FA reversal or not.

For those who likes to read non-fiction books...

try this.. "Flash Boys : A wall street revolt" by Michael Lewis

A story about high speed super secret traders housed in a heavily guarded bomb proof bunker which is stealing 0.01 cent at a time (but at rate of millions times per hour) from the masses in the stock market. And also the rebellious move to counter this threat by brilliant programmers by creating a hidden stock exchange..

The books reads like a secret spy detective novel LOL..

This post has been edited by gark: Mar 29 2014, 01:23 PM

I daily minum Ah Huat coffe wo, can kena diabetes ar?

Been watching it since 1.7x didn't manage to grab nuts. I may opt for option 2 too. But if i'm like gark who strongly believe in its moderate fundamental, i may bottom fishing at 1.75++

This post has been edited by hehe86: Mar 29 2014, 02:24 PM

last time i also promote when during 26cents oh....

now i also promote .. below 30cents can buy ....

can ka boon gor?

I heard that podcast too!

I went

What has Silva Kumar really done for MEGB?

MEGB's performance. (copied from cgmalaysia)

Year Revenue PAT
2008 203M 72M
2009 273M 97M
2010 316M 102M <=== IPO
2011 250M 38M
2012 149M -28M
2013 59M -167M


From v3 posting...

72 million bought at 40 sen in 2013
41.2 million bought at 1.10 in 2011
8.8 million shares were before IPO.......

now Siva wants to sell all at 1.10.

I cannot count la....

Very easy to make millons and millions and millions in Malaysia hor.....

So fast conclude meh?

Next thing I always do is I zoom out the chart.



There are always chart which you really dunno what to say to make yourself look clever.... heeeehehe

This one is one of them....

I really dunno what to say.............................

So what to do?

Do nothing la.... LOL !!!!

Anyway I zoom out somemore....



Stock was CLEARLY a big winner in 2012.

Ada POWER!!!

Wait.... pantum time. LOL!

Ada power ada huat!
Ada huat ada kaya!
Ada kaya ada sayang!

Pass ah?



This is what we need to know.
Why was the stock a big winner in 2012?

I see fy2013 earnings exploded.
fy2013 ended with Pwroot profiting 34 million.
fy 2012 profits was only 16 million.

Growth was explosive.
Stock growth was explosive too.


Ada power ada huat!
Ada huat ada kaya!
Ada kaya ada sayang!

Why did earnings expoloded so much?
This current fiscal year, growth mana pergi?


And I think....
this explains why the recent 'weakness' in Pwroot share price.

It is no longer having the power it had in 2012.............................

Added more comments...

what do you think?

huh? huh?

why me?

Sometimes I'm really baffled by all these magic show in Malaysia. JCY also same.

How did they make the accounting so cantek and yet after IPO, kaboom.

you want to know more about this shares?

buy me a coffee..

time to have a gathering between you and me

This one FA i can confidently answer...

The stock exploded is because they started to export to middle east, and found good acceptance. Sales to Egypt alone is about 63 mil a year in 2012. With higher export volume, will result in higher revenue and higher profit. There we talk of setting up a factory in Egypt to cater for the explosive growth. Why Egyptians like Alicafe so much, beats me.. maybe because of the name 'Ali' sort of captured the Muslim market.

Then shit happens in Egypt when they overthrow the government and the 63 mil a year shrinks to only 9-10 mil a year. Also during this time, the stock show visibly lower and lower export sales thus hurting earnings. You see the sharp drop in the stock during the time of reporting poorer sales. Some Egyptian debts goes to doubtful debts and leads to write offs. In the mean time there is like 9 million worth of doubtful debt by Egyptians...

But during this time also they launched Ah Huat 'pak kopi' which somehow resonates with the 'Chinese' population and local sales actually picks up in replacement of the eroding export sales. Now things are more or less stabilize as local sales are replacing the export sales.

For future direction, they shifted their export market from Egypt to middle east especially Oman and seen their export gradually improving also they are trying to penetrate Indonesia & Singapore. Apparently Alicafe is found to be very acceptable in Indonesia and Oligo in Singapore...There is also now 'talk' of the middle east factory in Oman....

So it depends, they have successfully captured back some local market share with Ah Huat, which is a great PR move. Now can they re-capture back the export market they have lost previously which will be the catalyst for the stock to go higher? This question can only be answered in the coming Q report...

This post has been edited by gark: Mar 29 2014, 04:19 PM

Wow, gark gor shared things about plantation! thanks!

Apparently he's good at INVESTMENT banking!!!!




Yeah... the numbers before IPO always, always so cantek, so impressive.

Are those numbers before IPO audited?

And so you can relate to the stock already?



I am sure you can now see and understand where the stock is at now.

There are signs that currently the stock is attempting to recover its recent down movement.

Immediate upside, of course is possible bit do we have good catalyst to actually drive the stock to a higher ground?

Taking into consideration to what you have written, perhaps it's possible but considering the recent profit reports are lackluster perhaps the wise move is wait for the coming Q report.....

and if the stock moves strongly before that.... are you willing to follow and bet what the 'insiders' are betting?

Apparently they were audited... but...



This is why I also don't take the very first year of a newly listed stock seriously.