rhbcap seems to be down the lngkang now kah??..

Nibble...haha, I nibbled some d at 2.78, earlier session..hehe

if go down to below 2.70, I will "Beras tambah 1 mangkuk lagi"

This post has been edited by andrewckj: Oct 3 2011, 03:05 PM

Hoho....

"Ga Tai Fan"

resources a lot tied in the banking stocks la..wanna eat BERAS also a bit difficult la..tambah bubur McD maybe can la..

MBF very happening already

MBF Ladder 1 line up. Can borrow the ladder and apply to all my counters?

must be the sharks swmming in and out of MBF..

Now tumbling down lo.. Hoho

Look at MBF...seems like someone is accumulating....
goreng over behind>????

definitely!!!!..it changes in matter of minutes..u know there's going on..

Actually i heard is abt M&A... but cant confirm....
since 29.9...tis stock volume suddenly increase up...LOL..
wonder few days more suspend for annoucement???

High chance for it.. Since volume and price reflected this manner

time to reload in rumour??

but the WA

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

This post has been edited by andrewckj: Oct 3 2011, 03:28 PM

really no idea...osk take over RHB also totally no news come out ....

Price talks a lot, especially in times like this..

Put it to fibonacci lar.. Hike at 0.72, reach 0.78, hanging at 0.76... If hike again, next point maybe will reach 0.8?

Haha.. Dunno lar. Just assumption

can tell me why MBF suddenly jump high ler?? pls

Hmm.. Your threat.. banyak threatening.. Haha.

I vote 100% Malaysian will not forgo rice as main source of carbo

it did announce news...

in the edge.. but i lazy to dig out the link... try and search it... last week...