$ELRIDGE (0318.MY)$ Overvalued stocks, with asset growth rate lagging behind equity growth. The equity ratios of peers EG and OMH are 2.91 and 2.26, while this one is 3.53. If a stock has a very high equity ratio, then I know that its gross profit margin is very low, but this is a normal phenomenon in the industrial products sector. Despite its massive market cap, its total assets are only one-tenth as much as its competitors. The EBITDA profit margin of 9.41 is also lower than the 10 of EG and 10.64 of OMH, and the profit from selling products is even lower than that of the competitors, even excluding taxes. On November 1st, buying shares with money increased by 8.69 million but the stock price only rose by 9.09%, yet on the 4th, selling only 1.76 million caused a 8.33% decrease? Just obediently be a scapegoat for ELRIDGE.

$VTC (0319.MY)$ A decrease in net income by -82.34% in 2024 is not impressive to me, if I haven't seen the increase in operating expenses. However, they have obtained a large amount of cash and equity, significantly increasing the quick ratio to 28.64, compared to 5.09 of the competitors. The advantage is that they have no accounts payable, only 1.34 million in short-term debt. They can definitely actively expand their operations.
From the perspective of returning operating expenses to normal values, they have expanded in scale, leading to a decrease in operating profit. They are now spending 15% on software and 16% on debt repayment. Then helping other companies to move datacenters to Malaysia has great profit potential.
They want to enter the Singaporean market to earn more total profit, but are unwilling to disclose too many details. Due to the relationship where the Malaysian Ringgit appreciates by 5% against the Singapore Dollar annually, they can directly reduce the exchange rate of other currencies against the Ringgit. This means reducing the potential total profits in foreign countries. Alternatively, they may increase prices in foreign countries to compensate for the price difference.
After receiving approximately 27 million in cash, this company still has a 40% advantage in total profits compared to other similar small-cap companies.
The advantage of this company is that its free cash flow of 5.79 million is very high, compared to the -0.31 million of the other party. This will make it very difficult for the stock price to decrease rapidly.
It's just an illusion issue where expanding the business leads to a decrease in P/E and EPS. I believe that the total profit after a year could skyrocket if there continue to be orders.
However, the stock price has fallen by 24% in the past two months, testing the patience of shareholders.

Why $YTLPOWR (6742.MY)$？
Because YTLP's P/E ratio is lower than last year (7.8 compared to 8.5); based on my 170 hours of experience, many companies tend to bounce back around a P/E of 12, so it's quite rare for YTLP to drop below 12. With YTLP's P/E of 7.8 and MFCB's 9.3, it is easier to appreciate compared to TNB's 22.75.
Furthermore, the total revenue in 2023 is higher than in 2022, at 22.95%. TNB is at 4.32%, MALAKOF at -12.44%, MFCB at -1.64%. It seems that total revenue growth of less than 10% is considered normal in the electrical utilities industry. YTLP is at 1.8% for 2024. The profit and loss statements for other stocks in 2024 have not been released yet.
In 2024 Q3-4, total revenue fluctuated within a reasonable range, decreasing by -10.53% in 2024 Q4 compared to 2023 Q4. However, this may also indicate a declining trend in total revenue, if it reaches the lowest point between 2023 and 2024.
Operating income increased by 46.97% compared to 2024 and 2023, proving its ability to produce more electricity for sale. Even after tax deductions, YTLP's net profit increased by 67.82%.
The accounts receivable turnover rate has also increased, indicating that it will generate more revenue from its customers and will quickly increase within 30 to 60 days.
The return on equity has been increasing year by year, so the stock price can rise faster...

$NE (0325.MY)$ Almost got caught in a trap

$BURSA (1818.MY)$ It's too early to run, the speed it is going at is the same as yesterday. However, in two to three days, it will lose momentum. Once SMIEO reports above -0.013, it will be very difficult to go up, currently at -0.012. In addition, the trading volume is slowly decreasing. Moreover, its operating profit has only increased slightly compared to 2023. The P/B and P/S values are very high compared to usual. It will also be very difficult not to fall below the price of April 2024 (7.3). It's too expensive.

$TENAGA (5347.MY)$Almost got caught while playing 😭

$BURSA (1818.MY)$After Deepavali, this company will turn into a knife, I will sell quickly and run away. $TENAGA (5347.MY)$Over there.

$BURSA (1818.MY)$ No energy, it fell to 8.815👴🤡

$YTLPOWR (6742.MY)$ Bullish on the next Q1-2, bearish on Q3-4. Keep your eyes on receivable turnover.

$BURSA (1818.MY)$ I'm going to quietly make a 4% profit.