just like lask week, Everyone afraid to hold over the weekends.
Confirmed KLCI will close red already...I expect double digit..10.xx points

Genting BHD waterfalling..lols

you park your sell q too high d, Oh well, Im kicking myself too.

Was contemplating to sell Genting Bhd just now at 9.4x but now can't sell already..lols

well well, market punish us for hesitating..

Don't worry about BERNAS, if it drop, take that as opportunity to top up. I've been topping up BERNAS like mad..lols

haha, KLCI breach the decrease 10 points mark already..lols!

For BERNAS, anything below RM 2.80 is a good buy..dividend stock, long term, you will never be wrong.. Low PE..

Sell or Buy??

haha. people dump to you..lols!

Good or bad? Safe haven stock?

TWS..definitely a good buy that almost reach my buying in price..7.40 and below!

Morning people. PCHEM nearning IPO price~~

U mean Malaysia budget will be announced today?

Got new project soon...

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

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

Haha, Boney as usual, so humorous..lols! It's actually true, i can survive without noodles but not rice.

So i vote 100 % too, Malaysian will not forgo rice as main source of carbo..lols

Yes cherroy, I agreed on this part as well, which I highlighted it on the weakness side on my SWOT analysis part. Rice is a controlled item, so the product price on the upside is very limited and the price control is not on the absolute side of BERNAS..

So after given a simple thorough analysis, it is up to investors/ speculators to decide on whether BERNAS suits their risk appetite. For me, it match my appetite and obviously BERNAS constitute some percentage in my total stock portfolio.

There will still be risk attacked, this is stock investment no doubt, so bros and sis out there, please don't get my analysis wrong by thinking that BERNAS is a sure win stock. The analysis merely serve as a guide and you should consider on whether do BERNAS match your risk or investment appetite.

No worries cherroy, we are all here to share and you free to comment constructively and I appreciate all the constructive feedback

This post has been edited by cherroy: Oct 3 2011, 03:50 PM

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

So in the end, the best solution to save TNB is to have a better management team. MAS also need a better management team. oh well..

Good time to nibble tomorrow, Confirm will retest 1350 level, if the 1350 breach, let's welcome 132x, but the support will be there at 1310..

Time to start nibblling on tomorrow. Adapt 8S tomorrow: Slow, steadily see see scoop some solid stocks.