with DY 6%, who cares if the price go nowhere...just hold for divvy

Got time now...

You talking Hexza is it?   

I was just looking at the back prices....

In 2010, just before the stock went ex for its dividends, Hexza was trading at 685.
Today it closed at 65.



So a long term investor only gain dividends, which I think is not too bad.
Lazy to count leh... please feel free to add in how much....

Is this enough?
Cukup ka?
For holding a stock so long?

I know.. some would say yes...
Some greedy people like me... might say no.

Anyway so why isn't the stock performing?

I think is earnings is poor and very small.
Kacang putih earnings...

This is the past earnings.

FY2010 - 15.8 m
FY2011 - 12.1 m
FY2012 - 6.1 m
FY2013 - 8.45 m
FY2014 - 1 quarter - 1.020
Trailing - 8.8

FY 2013, showed some turnaround but as you can see its very small.

Very not exciting, in my opinion, this is why the stock has not gone anywhere at all this few years...
(you also can see the stock drifted sideways and lower after its last dividend end Nov)

Can this situation change?

Value plays... err ..... you know la me.... I somehow not a keen pure value player.

I want to see the earnings growth...

So for Hexza fortunes to reverse, I want to see the earnings growth.

Yes, last quarter earnings improved a lot (over 50+%) but the numbers used was so small.
Earnings improved from 672k to 1.02 m.
Too small numbers comparison, so I won't go gung ho over the 'improvement'....

If I want to trade this one...
I want to see volume increase....
I want to see earnings improve...
Else, it's a no go for me.

My 3 sen leh... 

scared it lose momentum like previous round 

Wait for the upcoming quarter result lor...

If good... then chase the bloody chicken lor... (pay la 5% to 10% higher also ok la... treat as insurance)
If no good... you save the time and trouble... and frustration... hehe...

Then you come back in Aug.... and fish for the dividend movement play.... 
Can ah?

Some stocks really dunno when to sell...... 

hold how long already? 

Yeah... I do understand that for this one...
the value case... 'might' tip the stock over.... 

the money 'hidden' by the depreciation charges ...
is making the cash pile grow bigger each year...

So for value players...
they be asking...
'How long can the cash pile go un-noticed? 

Of course - the risk is that the owners can simply splash the money away.

gark, free ah?

you got pray wan meh?

any opinion on 9326?

So good meh get 2 hours lunch break

I am amased... you can come out with this within < 30 minutes.    

BTW, where you get the research besides the financial data?

oO...unker gark geng oh... GUH net cash company..hehe    

holy cow bejesus! kamsiah hamida boss

hmmm FA ma ma dei only

TA trying to see whether it can rebound in short term. volume is super thin 

Were you worried?

LOL!

CBIP trending very strongly...
Empat setengah Mau moon ti....
Satu tahun or less...



Oh I tak ada.

Geng , IPP in combodia will reduce 8% income .

CBIP  continues  to  establish  itself  as  one  of  the  leading  palm  oil  mill producers  in  the  region,  as evidenced  by  its  orderbook  strength  and expanding customer base in various geographical locations.  We tweak our forecasts  slightly  after  our  recent  corporate  luncheon  with management, but maintain our SOP-based FV  of MYR3.89 and our BUY recommendation.

Highlights  from  our  recent  corporate  luncheon  with  CBIP:  i)  rising orderbook trend, ii)  it is benefiting  from the weakening MYR, iii) its test mill for zero discharge products is to be completed in April/May 2014, iv) the  special  purpose  vehicles  (SPV)  division  is  providing  recurring income, v) its plantation operations are growing gradually, and vi)  capex requirements are rising.
   
Tweaking forecasts downwards.  We shave  our forecasts  by 2.2/0.6% for  FY13/14,  after  adjusting  our  capex  assumptions.  We  highlight  that our forecasts are fairly conservative, as we have only projected CBIP to grow  its  oil  mill  engineering  revenue  by  5-10%  per  year  vs management’s target of 15-25% from FY14 onwards.
   
Maintain  BUY.  As  our  FY14  forecasts  are  relatively  unchanged,  our SOP-based  target  price  is  maintained  at  MYR3.89,  based  on  an unchanged 9x CY14 P/E for its plantation division and 11x CY14 target P/E for its oil mill engineering division. We continue to like CBIP, as it is a proxy to the plantation sector, but is shielded from CPO price volatility. Even  in times of low  CPO prices, plantation companies, particularly the larger  ones  that  CBIP  deals  with,  will  continue  with  their  capital expenditure on new mills in preparation for the upcoming maturity of their plantation  estates  –  this  will  drive  CBIP’s  short-term  earnings  growth.
   
Going forward, we believe its new zero  discharge mill and  its  recently proposed  acquisition  of  the  Vickers  Hoskins  boiler  factory  will  help expand  its  market  reach  further,  to  ensure  medium-term  growth.  Over the  long  term,  CBIP’s  plantation  operations  in  Indonesia  will  start contributing more significantly from FY17  onwards,  which  will provide it with  another  leg  of  growth.  Despite  its  attractive  prospects,  CBIP’s valuations continue to be  undemanding  at  10-11x P/Es  for FY14-15. As such, we reiterate our BUY recommendation on the stock.