All Comments on KTC Reload

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KLSE
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Is this counter dying ?
Warren Wong
Last QR report just out and it has best qtr result so far….is it time to slowly accumulate ?
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chanchoon leow
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personnelly wrong investment in this useless counter no even 1cent deviden
LEW MAN
yes, useless counter
Like · 4 weeks · translate
Dezmond Pang
You look at the full name of the counter, what does it tell us all ?
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TheLearner 8
4 Like · Reply
< Personal Opinion >

Allow me to quote a short paragraph in recent announcement:
"KTC was listed on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 25 November 2015 under the condition that the Company is required to allocate 12.5% of its enlarged issued share capital to MITI-recognised Bumiputera investors (“Bumiputera Equity Condition”) within 1 year after achieving the profit track record required for a listing on the Main Market of Bursa Securities or 5 years after being listed on the ACE Market of Bursa Securities, whichever is earlier."

This counter IPO on 2nd April 2017, oversubscribed by 45.66 times. Its share price opened with a 100% premium over its initial public offering (IPO) price of 15 sen per share. Source: https://themalaysianreserve.com/2017/04/03/ktc-debuts-on-ace-at-100-premium-over-ipo-price/

So after 4 years and 6 months time has passed, they are now required to issue shares to Bumiputera investors. As this Bumiputera investors must be MITI-recognised and recent announcement that Bumiputera shares can only sell to Bumiputera, some topic to discuss whether this is good or bad for KTC.

This stock currently on sideway movement, or maybe as no movement for those looking for excitement in market. There is a support at RM0.155 level.

Execution plan (Long term, no TP or CL since it is long term):
Entry: RM0.155

Issue new shares, but restricted selling condition, KTC get the capital to repay debt, incurring lesser interest cost, more cash as working capital. Sounded like being forced to take the money. No dividend payout record, nothing to worry on more shares may reduce the dividend per shares, EPS may get diluted but this is not within my interest. What I can see here is my stock picking for KTC is based on its growing revenue, improving profit and a low risk price level, a bargain worth risking my capital.

If the QR came in similar to previous QR, revenue 173.9m and profit 2.0m, making its financial year 2021 a 686.6m revenue and 8.7m profit. All time high yearly revenue. All time high profit was in financial year 2019 of 11.8m, which we see accompanying share price at RM0.220 (short period before QR announcement), then MCO and peak again at RM0.245. Definitely worth taking the risk for me.
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The 20pc
click his picture then got a follow button there
1 Like · 2 months · translate
0nE DaUs
I do agree. Have a like on me.
1 Like · 1 month · translate
Jack Jacky
1 Like · Reply
my 2 cents on the 4th qr

to be honest nothing big & surprise
- the sales drop compare with Q3 due to covid restriction ( we all know this is kinda bs reason ,but is kinda true in some way as retailer may act conservative in stocking )
- the profit drop compare with Q 3 due to the decrease margin, i found something interesting here , the margin is going down after Q2
( Q1 = 0.6% , Q2 = 1.6% , Q3 = 1.4%, Q4 = 0.2% , these margin is calculated after the deduction of other income). i think is due
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Jack Jacky
as it expended too aggressively

the positives i see
- the company start to lower it debt which mean it will lower it financial cost to obtained higher profit margin, even it only consist of 0.75% of the cost, it still make a huge difference for an industry which make very little amount of profit margin
- as the economies open , the company profit margin will grow as it will establish less promotion activity to attract customer

the negatives i see
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Jack Jacky
- the company unable to lower their cost and need more debt for the operating capital which make the profit margin shrink further
- having liquidation risk ( which i personally think is unlikely as the financial structure is quite healthy)

conclusion
- i personally very optimistic towards this company as i see it debt goes lower which will make greater profit margin in the future
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1 Like · 2 months · translate
Nazwan Ishak
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nice qr...eps rises
Jack Jacky
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From technical aspect tdy dy moving is very Intresting
The 20pc
这里风平浪静,业绩平平无奇。
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The 20pc
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you do private placement but qr report also haven't out... what and why lol
Jack Jacky
Maybe tonight will pop out
Like · 2 months · translate
The 20pc
see tonight pop up mou
Like · 2 months · translate
KC Low
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mco extended to 30 sept
Jack Jacky
Walao......
Like · 3 months · translate
Jack Jacky
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Where is the qr?
Nazwan Ishak
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where is qr ???