UMCCA is the stock to watch tomorrow morning. Traders please wake up early. 😃

I am sorry but did you just insult me by saying that I am quoting rubbish fundamental?

Only for you...😃

By Supriya Surendran / theedgemarkets.com | March 28, 2017 : 8:24 PM MYT
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KUALA LUMPUR (March 28): United Malacca Bhd’s net profit for the third quarter ended Jan 31, 2017 (3QFY17) more than doubled to RM33.67 million or 16.09 sen per share, from RM14.8 million a year ago or 7.07 sen per share a year ago.

The plantation group attributed this mainly to higher average prices of crude palm oil (CPO) and palm kernel, as well as higher fresh fruit bunches (FFB) production.

In a filing with Bursa Malaysia today, United Malacca said revenue rose 51.4% to RM75.77 million from RM50.04 million in 3QFY16.

The group’s plantation operations in Malaysia reported a profit of RM23.9 million, up 214% compared with RM7.61 million in 3QFY16.

This was mainly due to higher average prices of CPO (RM3,069/tonne compared with RM2,156/tonne) and palm kernel (RM3,205/tonne compared with RM1,783/tonne) as well as an increase in FFB production by 14% or 9,343 tonnes.

The group’s Indonesia plantation reported a profit of RM2.56 million for the quarter mainly due to higher FFB production as well as higher FFB selling price.

For the first nine months of FY17, United Malacca reported a 41.2% increase in net profit to RM55.55 million or 26.55 sen per share, from RM39.34million or 18.84 sen per share a year ago.

This is on the back of a 29.5% rise in revenue to RM204.43 million from RM157.84 million in the same period of FY16.

United Malacca’s share price rose four sen (0.66%) to RM6.10, for a market capitalisation of RM1.28 billion.

No problem at all. Sharing is caring. 👍

I have a sensitive heart and today I got MMS. 😡

Chill bro. I was just pulling your leg. In my earlier post, MMS = Male Menopause Syndrome. 😄

Good nite.

Good morning folks. I woke up early. At my computer by 8.59 a.m.

I entered UMCCA at RM6.220. Now it has gone up 3.11%. Market price at RM6.290.

I also topped up heavily in PetronM at different prices. Hope it works out. Currently it has gone up 2.39%.

I will continue to monitor the market.

Saya kerja jaga van. Selain daripada itu, saya juga ada kerja cuci van.

Just to share my thoughts. Assuming one is a high risk trader. He has a margin account or a normal collateralised account for RM1 million. He bought RM1 million worth of shares in PetronM-CB yesterday. It went up about 40%. This morning as we speak, it has gone up another 16.44%. Therefore the total gain is about 56%.

A high risk trader/speculator would have picked up a cool RM560K in less than 2 days of trading. Am I correct in my calculation? If so, is this how the traders make big money? High risk, high gain?

What if things turn south at T+3? Instead of going up, PetronM-CB dives 40%. Now what? You are out of pocket for RM400K. The remisier comes knocking on your door for payment? Force sell your existing shares?

Frankly, I don't think I have the stomach to do this type of high risk trading.

Hi thanks for your input Henry.

I see. Noted with thanks Cherroy.

The Valuation is 0/3 and the Fundamental is 1.55/3. The average score is 7. This looks like a goreng stock.

I assume you are referring to Connect (0102).

Oh....I see. No wonder I failed my Add Maths in high school.

This post has been edited by Vanguard 2015: Mar 29 2017, 10:35 AM

Saya cuma jaga van. I only look at the analysts' report. The TP ranges from RM3.35 to RM3.820 (Kenanga). So looks like Air Asia still have a potential upside of at least 7.8%.

Absolutely Stocks rate Air Asia at Valuation 1.8/3.00 and Fundamental at 1.15/3.00.

Bro, if you run, please let me know. I bought AirAsia at the average price of RM2.658. My current profit is 17.758%.

Thank you.

The size of my portfolio is growing since the market is hot now.

If necessary, I can still can in reinforcement troops. But I will need time to move my war chests. So for the sharks reading this, please continue to push VIS down if you can.

Eh, my VIS shares is already up 3.312% today. Looks like the sharks ran out of ammo first.

Ok mah. You have very good profit margin already for AirAsia.

BTW you are right about UMCCA. It is an illiquid stock. Until now, my share value in UMCCA only went up 0.643%. No momentum.

Sorry, noob here. What is the difference between a shark and a whale? Whale got more ammo is it?

But I bought a lot. Maybe I will trim down my holdings in UMCCA at T + 3.

I only did some very basic research. The valuation and fundamental of the counters does not seem attractive. Am I correct to assume that the speculators already went in and messed up all the valuation?

If you put a gun to my head, I would rather buy Padini.

Walao. How to cut and paste? Which stock are you referring to bro? I think I take a screenshot and upload easier lor.

Okie, okie, I need to do more research. BTW, I am a banana. Cannot read Mandarin.

Ok, ok, sorry boss.

I attach 2 screenshoot for the Connect share. Ok or not?





This post has been edited by Vanguard 2015: Mar 29 2017, 12:28 PM

I have no guts to buy warrant. ☹️

Change topic. You have access to all the groups practising pump and dump or sharks? May I know how much is their working capital?