Truths Half Truths & Deceptions

Dystopian

MyEG Behind The MySST Project?

This will probably confuse a lot of people. It shocked me at first too seeing how little it will cost the Government to develop a brand new SST software system. Instinctively, the first thought is, 'Have MyEG (0138) been overcharging the Government for the GST system all these years?  Before you jump to conclusions, just take note of what was s...

PMetal Making A Point

PMetal (8869) 2Q results is due anytime now. It appears to have a mid August deadline for reporting based on prior years filings.  Ahead of what the 2Q brings, I thought the commentary below is apt and is worth flagging considering that it is something that PMetal's CEO had previously spoken of at the height of the sell down of the stock. https:...

GCB That QR Trade That I Was Talking About

Okay the numbers were not as impressive as JB Food's but still a decent quarter by GCB (5102).   The more than 30% fall in cocoa prices from the peak in May was the main factor for the improved bottom line in the quarter just ended. Moving forward one wonders how long will cocoa prices remain depressed since there is a very high correlation be...

Headwinds In The Way

Market sentiment is expected to turn soft due to a crazed US's multi-fronts economic attacks on its enemies from China to Iran to Turkey and now Russia. So do exercise caution on long positions in the local market. Malaysia is the in-vogue market for foreign funds and just done a nice ascent above 1,800 last Friday. Whilst that makes it a safe h...

NWP News Too Good To Be True

Finally, vindication of what I said back in September 2016. A no go. A non starter.  http://blog.huskyintel.com/nwp-a-fancy-but-not-solidified-tca Now we have it... final nail in the coffin. Stock fell after that post two years ago - not a surprise given these sort of financials. Stock did a last gasp hurrah a couple of months ago before coll...

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