Haha i can see you all is too excited

All very excited here. very kaw kaw one.

Mynews Sell Call from Kenanga Investment Bank
Price Target: 0.31 cent

@jinchan correct and absolutely agreed with you

@happigolucky after you comment, market shows oppositely.

@sabaton666 cut loss and move on. everyday we have an opportunity.

@investopology in healthy uptrend stock, after big volume came in, it is better to have a retracement before the stock continue back the uptrend.

@Ethan Invest Price action discount everything means all the information is already reflected in the stock price. Do not against the market.

BIMB's Analyst - Sell Call: PMB Technology
Price Target: RM1.11

Global silicon metal prices remained on a downward trend in Q2 2023, down on
average by 30% from the beginning of the year, amidst persistent weakness in
demand.

Market conditions are expected to remain challenging as
the demand outlook from the automotive and silicones sectors remain uncertainty and worried.

Current PE: 140x (Price Rm3.17) - too expensive and overvalue

QR profit decline significantly sharp:
1. QR Feb 2021 - RM107m
2. QR May 2022 - RM54m
3. QR Aug 2022 - RM35m
4. QR Nov 2022 - RM18m
5. QR Feb 2023 - RM10m
6. QR May 2023 - RM9m
7. QR Aug 2023 - RM2m
8. QR Nov 2023 - (hundred thousand amount? you do the math)

Inventory increasing:
1. Q4 22 - 270m
2. Q1 23 - 354m
4. Q2 23 - 447m
product in inventory exceeds the projected consumer demand result remains unsold and effect of quality degradation, involving cost to manage high inventory, working capital being tied.

Cash & Equivalents in current asset is decreasing:
1. Q4 22 - 127m
2. Q1 23 - 104m
4. Q2 23 - 71m

Cash Flow is negative and getting bigger:
1. Q1 2023 (-15m)
2. Q2 2023 (-82m)

Free Cash Flow is negative, business has more outflow than inflow which is company is losing money:
1. Q1 2023 (-77m)
2. Q2 2023 (-163m)
Company clearly not generated enough revenue to cover the costs

ROE
1. ROE
-Q4 2022: 14%
-Q1 2023: 8%
-Q2 2023: 4%

ROIC:
-Q4 2022: 11%
-Q1 2023: 6%
-Q2 2023: 3%

Net Margin:
-Q4 2022: 3%
-Q1 2023: 2%
-Q2 2023: 0.9%

Current quick ratio: 0.50 - company indicate liquidity not have enough money to meet its short-term liabilities.

Asset turnover ratio: before is 1.26, now decreaing to 0.60 - a sign of low utilization rate of their factory and plant.

Price action discount everything means all the information about a company is already reflected in the stock price. Do not against the market. Do not think to accumulate. PE is 140x.

go youtube.com - type "vietnam property collapse"

type "vietnam property crisis 2023" at google and click news section

PUBLIC BANK BUY CALL: SUNVIEW - 19 Sep 2023

Price Target : RM1.85
Upside: +129.81%

@VIinvestor maybe he is waiting a significant dispose to collect at cheaper price :)

Never against the market. dont listen to half-cooked opinion.

Price action discount everything means all the information about a company is already reflected in the stock price.

Don't catch a falling knife.

you all semua sudah kena

Negative bomb for next QR? I dont think you read their last QR for their IoT business :)

@fregend HPPHB is different business product than L&P. HPPHB is doin corrugated and non-corrugated packaging. While L&P is a specialist in wooden industrial packing for boxes and crates.

The same peers for HPPHB are Master, Kym, Dss, etc etc. There is no peers to compare for L&P in Bursa.

L&P is for long term not for scalping or buy today sell tomorrow.

@rocky77 ur forecast on next qr is positive bomb or negative bomb?

@Oppenhermes is correct. Samaiden and Solarvest prices are considered expensive compared to Sunview.

1. even 0.19 cent is still an expensive price, considering geotechnical instrumentation and testing industry is a low grow industry.

their industry carg Malaysia for 2017 – 2021: -ve%
their industry carg for Singapore for 2017 – 2021: 5%

2. last 4 years revenue also did not grow much

3. directors & key management remuneration is too high almost 24% of gross profit. industry in general remeneration is better around 10% of gross profit.

4. what they can offer is only WiNA platform and their expansion to Singapore is nothing new

@resolution666 agreed, back to its true value

@newbie9893 this week already end. TQ

For those who wonder about SMRT and their bigger picture for company future, type this topic on youtube.com -

"Biggest opportunity I missed in 2023 | SMRT Holdings Berhad"

@growthcapitalist agreed with you, some how its quite challenging to hold long term in KLSE.

@fregend already cut loss? Its a long journey man. Relax and chill

Guys dont wait until news come out. Sediakan payung sebelum hujang. Better be safe than sorry.

Anyway, sign appear - three black crows. 4 consecutive red candles in a row. be careful.

@pantor after your comment. edelteq go down. market is not following you.

HR minister V Sivakumar vows probe into unethical labour practices by First Solar's Malaysian contractors.

First Solar contractors in Malaysia had subjected migrant workers to unethical recruitment practices, including "the payment of recruitment fees in their home countries, passport retention, and the unlawful retention of wages."

First Solar audit reveals forced labor at Malaysia factory -Reuters, world news agency

https://www.reuters.com/business/energy/first-solar-says-audit-found-unethical-labor-practices-malaysia-factory-2023-08-15/

you all semua sudah kena.

@HosayLiu what good prospect are you talking about. read between the lines from analyst report.

TA Target price:
2022 Nov - TA announced: 0.98
2023 Mac - TA announced: 0.89
2023 Aug - TA announced: 0.865

OSK target price:
2023, 1 Mac - OSK announced: 1.04
2023, 30 Mac - OSK announced: 0.87
2023, 15 May - OSK announced: 0.81
2023, 29 May - OSK announced: 0.77
2023, 25 Aug - OSK announced: 0.68

Time to time the analyst downgrade Coraza to graveyard.

with current coraza performance, accumulation only good at 0.50..

Coraza, Eca, Cnergenz are sinking..

no doubt going to drop atleast to rm1.. pe is too high.. no new orderbook.. and they only relying to one single customer that contribute 70% revenue from xiamen only.. could not make any growth because the top 3 owner are too slow...

@yolo1234 is right. the current price is overvalue

@davidtcf i agreed with you. the current situation is like gambling

Coraza:
-3 consecutive low revenue and low net income in a row
-low asset turnover but maintaining high inventory
-the trend of lower profit from core operation can be seen since Q2 22, Q3 22 & Q1 23
-non operating income is higher than core income is seen as not a sustainable business
-cash operating activities is negative
-free cash flow is negative

even 0.19 cent is still an expensive price, considering geotechnical instrumentation and testing industry is a low grow industry.

this kind industry carg Malaysia for 2017 – 2021: -ve%
this kind industry carg for Singapore for 2017 – 2021: 5%

this can be seen at their revenue did not grow much in the past 4 years.

Insider said because of Mi Technovation has obtained an Anton Piller Order from the Penang High Court which the order grants the authority to Mi Tech and their independent experts to access all the Edelteq premises to search for specific items relevant to the case.. It is now has impact and stopping all the factory operation.. Edelteq current status could not deliver major job and subsequently will delay to do any order from their customer.

it seems the price can't go below 0.435cent

Solarvest crash. News will be announce soon

three black crows. 3 consecutive red candles in a row. plus a bit gap down today. bad sign

today huge gap down. time to sell

three black crows. 3 consecutive red candles in a row. time to sell

dropping to RM2

@hosayliu yes bad QR

three black crows. 3 consecutive red candles in a row. be careful

Plus a combo from general sentiment for semiconductor outlook - current risk-reward is unappealing as there is limtied room for upside earnings surpirses, weak consumer sentiment, poor visibility.

Mi Technovation filed a writ against Edelteq to the Penang High Court on July 19, 2023, involves claims of breach of confidential information, copyright infringement, patent infringement, conspiracy to injure, and unlawful interference with trade.

Buy on rumours, sell on news. Do not wait when the news come, it will be too late.

Market reaction is forward looking, current market action discount everything. do not beat the market.

To further strengthen its case, Mi Technovation obtained an Anton Piller Order from the Penang High Court on July 27, 2023.

The order grants the company’s solicitors and independent experts the authority to access the defendants’ corporate premises and search for specific items relevant to the case.

The execution of the Anton Piller Order began on July 31, 2023, and remains ongoing.

TKO. another incoming news is incoming.

The news soon will come. Dropping to 0.36 cent atleast.