abg boon got see LCTH? Mintak tolong can?

From the latest Q notes, PBT increased by 2.7mil QoQ largely due to improved profit and forex.

Looking at section B10, forex gain increased by 3mil QoQ. Other items in B10 remained the same for both qtrs.

But comparing QoQ income statement:
1. Lower revenue in latest Q but same gross profit (margin improved from 18% to 22%)
2. Other Income remains the same
3. Selling and Admin Expenses reduced by 2.4mil

I'm not sure where the forex gain is reflected in income statement. I would think that it should be under Other Income, but now it seems like it is reflected under Selling and Admin Expenses which doesn't make sense?

Did u top-up Pop the Huat?
TP of RM3 (as per cooldownguy86) or higher (as per other writers/analyst) is possible.
I think it's achievable too.
Your Mitra senyap senyap only. Later kabooommmmm~! hahaha

Same. Good luck to the both of us haha
Kasih 2 cent opinion only. Long way to reach sifu level.
Eh go check out the bursamktplace link that i posted.
Got slides on Karex, Reits and other outlook which might interest you.

OnG !!!

   

the long downtrend....
the long chinese water torture.....



yup..if you want to think long term...never rush to buy a falling stock.
screw the valuations...
sentiments rules...
what is cheaper today will be even cheaper tomorrow
Lately the chart....



macam tak nak mati...
macam stabilize sikit....



the last 2 quarterlies has showed that earnings no longer mati--ing....
it's stabil...
making 100+ mil per quarter...
but valuation ....

LOL !!

Since when you see do the FV stuff?
Trader yo!

Point here is quite......interesting isn't  it?

I mean look back at the circumstances...now and then......

Last time when SKPet was falling...
No one knew how low oil will fall...
And how bad SKPet earnings will be.....
But yet... got people interested ...
Now oil....we saw how low it hit already...
SKPet earnings...? We have seen stabilisation in its earnings....
And we even got some news of new jobs....
And we saw the worst in stock price...yes?

So by simple logical reasoning....
surely now is better than previously...yes?
Well if i am interested in the long term oil.....why not start lòoking for a trading setup which i comfortable with now?
Oh do tell me.....how's the valuation now?

ps. point of the posting is not about OnG.
it's about sharing how we think about stocks we trade.
when stocks fall... everyone immediately throws out two things....
1. value.
2. be greedy when everyone is scared like shit.

2 of the worst things you can do when a stock collapses....
it's not that the points itself is wrong but the implementation of it....

as bad as it is...
oil has been trading around 40s...
yes...some shit companies might die....
but there will be survivors...

and if and when oil recovers to say 60s or maybe even 80s (above 80? errr..... )
these companies that survives today....
might do good.

yes.. it's a risk...
but the risk today and the risk yesteryear....
is it the same?

we trade...
don't we want to be better all the time?

reach 2.25 when oil hit 65?
LOL!
And the justification for that statement?

I will never ever make such a statement.
Look at the Maybank quarterlies screen shot la...
Look at the rapid decline....
Look at the stock price decline.....
why?

Isn't it saying the stock is falling in tandem with it's earnings?
I know...
Everytime I order food at a mamak stall....
the bugger there always shaking head....
I also... have to use hands and fingers and signs to tell the bugger what I mau order....
Hevea?
LOL!
Please la....
I got say I got buy or I still holding meh?
-------------------------------------------------------------------------------------------------
More sign languages for you to digest. Hohoho....
Dividends...
simple exercise...
when it was say 8.50... (this is just about 3 or 4 months ago)
Mayban was trading with a previous year dividend of 54 sen.
what was the yield then?
answer: 6.3%

Mayban wor....
big tiger bank wor....
6.3% yield....
sure can buy what....
some more dividends yield CLEARLY more than the normal FD rates....
ok?
hantam the stock?

yes? no?
anyway.....
today, with a lower current dividend of 50 sen....
Mayban is trading at 7.63
the yield?
answer: 6.5%

still buy?
Wait sekejap. !!!

Today the stock price is 7.63 wor....
previously it was 8.50..... !!!
the stock price has dropped 87 sen!!!
buy a stock because of high yield?

I actually made few commdnts too many on this stock.
Started commenting on it since 8.10 ( i think )

My main points.

1. Where's the beef? ie I don't think there's beef in this trade atm.
This is a point to think about, yes?
2. Having said that, this is NOT saying that Mayban will die ie drop to rm3,4,5
3. The stock is in a strong down channel. See the posted chart b4.
4. The banking sector???? Now????

I don't recommend stocks.
You should have known this.
My current few postings..these postings are made just to share my thinking proccess.
That's it.
So .....LOL !!!!! And why you want to try gauge my setimemts?

closed at 7.70
point 3?

chart say jump you jump?

Never go AA AGM meh? Heard got free RM500 flight voucher wor... 

Of course lar... you always value your shares at current price not at the price you bought.. 

Value is not equal to price ...many people confuse this 

Pinky will fill you up on the fundamentals.. 

I masuk a small position only...

My luck...my "small" entries like Hong Leong Industries, Karex and Tiong Nam, all make fast and big money. But "big" entries like Tenaga and Matrix took forever to take off

Hope Unker Tony reverses my bad luck with "big" entry...

Lol i just sold it recently at rm 9, put into other better counter.

Haha, have to hold at least a year, bo bian liao, hope really can huat this time 

small cap index down. lots of profit taking