priority is GE13.... deficit is secondary... another term means another 4 years to *ahem* tackle deficit.. 
maybe they follow US... reduce tax to stimulate economy.. good luck on that~
i doubt they will implement m'sia version of "buffet tax" also..
US can print and stay strong.. if we print.. we'll become zimbabwe..

BERNAS 6866

Product studies
Beras, we the Malaysians consumed it daily. Bad time, good time, beras is makanan ruji kami that unite us the Malaysian, which is true 1Malaysia by silent.

Think of local delicacy, which one is your favourite?

Malay Cuisine : Nasi lemak, nasi dagang, nasi campur, Nasi briyani, Curry rendang (goes with rice? no rice how to eat with curry?)

Chinese Cuisine : Bak Kut Teh, Curry Fish Head, Fried Rice, Kim Gary Cheeeseeee Farn, Teochew porridge, Your Chicken rice, Your daily Zap Farn( Mixed Rice), and the list goes on and on..

Indian Cuisine: Banana Leaf Rice, Nasi Kandar Penang,

Not only limited to rice, Bee hoon is made from rice too. We too fancy bee hoon (rice vermicelli) rite?

That is the fundamental of the product that BERNAS is in, the perfect companion for almost all our favourite food.

Now the financial analysis briefly;

Current PE ratio, only at single digit = 7.69

Dividend yield at current price = 7.1 % at least.. (taking every year, BERNAS declared at least 20 cents divvy) better than some REITS out there.

SWOT analysis:
Strength: monopoly rice market in Malaysia , more than 60 %. No foreign operation..
Weakness: Rice is a controlled item, so the product price can't be change accordingly. Cornered stock. No foreign fund exposure, so the upside is limited, but to some this is the strength. TWS corp holds 72 % + local fund made up to near 90 %
Opportunity: Though rice is a controlled item, population will keep on increasing. Malaysia rice consumption is not enough, we are still importing from Thailand. BERNAS for sure will continue to expand. Also with greater population, greater rice consumption = profit figure increase for BERNAS
Threat: Malaysians will forgo rice as the main source of carbo. How likely this to happen??

I give u a full reason on why you should buy BERNAS, a through explanation..haha. Lastly, a quote I read in an investment book "Support the stock that have your daily support". BERNAS fits in so well for my investment purposes and risk appetite.

By,
kenjunz

BERNAS is yummy, think of BERAS, BERNAS will pops up in my mind. Cheers  

If do away with IPP, YTLPOWR and Tanjong plc will be unhappy. Lols~ Later, make Tan Sri Yeoh Tiong Lay and Anand Krishnan angry how via their interest in YTLPOWR and Tanjong plc? Later both of them don't want to continue invest in Malaysia, and following Robert Kuao footsteps? Government in dilemma..lols

technically faber conncession has expired with moh i think . price also coma .

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Added on October 3, 2011, 5:25 pmytlpower cheap enough for utility stock ? go go go .

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Added on October 3, 2011, 5:27 pmrhb 6.6x ???    go go go

yok,

theedge simulation portfolio cut lost megb . just fyi . 

2 glove in my watchlist in green................

Oh no my hand is so itchy want to punt glove.

Omitofo. Don't do that. Don't do that.

Better don't watch & concentarte on my buy list enough. Sometimes I am a stray b****

Indeed, nothing is impossible.

Self discipline is important.

I need this now.

WB wealth has dwindled for the last 5 years,his FA or wisdom is no longer relevant these days,it is time for TA based on fundamentally sound counter....