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 STOCK MARKET DISCUSSION V133, Bear coming?

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SKY 1809
post Jun 27 2013, 10:41 AM

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QUOTE(Icehart @ Jun 27 2013, 10:37 AM)
Nope. Fully loaded on other stocks.  biggrin.gif
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Still got MTD hmm.gif
SKY 1809
post Jun 27 2013, 10:44 AM

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QUOTE(Icehart @ Jun 27 2013, 10:42 AM)
Already loaded some during the recent downturn.
Hoping for the best now.  rclxms.gif
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Nice
SKY 1809
post Jun 27 2013, 11:41 AM

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QUOTE(Maximus1234 @ Jun 27 2013, 11:35 AM)
Typical panic selling by small fishes and feast time for big sharks. sleep.gif
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Vampires or sharks hmm.gif
SKY 1809
post Jun 27 2013, 11:56 AM

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QUOTE(Maximus1234 @ Jun 27 2013, 11:52 AM)
Hahahahhaa. Luster i sold all mine at i think 3rd june at 0.24. lololol..now im following drc la changing to biosis la..
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If u do not trap the ikan bakar, then how to sell Luster at 24sen hmm.gif

I mean big adv and new flows everywhere ( re Luster ) before turning them into Ikan Bakar......
SKY 1809
post Jun 27 2013, 12:03 PM

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QUOTE(Maximus1234 @ Jun 27 2013, 11:59 AM)
hahaha.whos ikan bakar? but luster is typical goreng counter la..i would say only those who are greedy will burn their hands.
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I thought u told forumers to support Luster back at 17 to 18 sen. laugh.gif

Now , u and RC are hand free on Luster, well done Vampires thumbup.gif

This post has been edited by SKY 1809: Jun 27 2013, 12:06 PM
SKY 1809
post Jun 27 2013, 12:09 PM

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QUOTE(kueyteowlou @ Jun 27 2013, 12:05 PM)
laugh.gif

RC don't even have money to take care his own counter Harvest....

Luster.... don't even mention about it... let ppl laugh until jaws drop only....  laugh.gif  laugh.gif  laugh.gif  laugh.gif  laugh.gif
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He odeli warns the forumers, dig yxxx..own graves first if they want to play RC stocks . laugh.gif

This post has been edited by SKY 1809: Jun 27 2013, 12:10 PM
SKY 1809
post Jun 27 2013, 12:32 PM

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QUOTE(kueyteowlou @ Jun 27 2013, 12:24 PM)
sweat.gif

i see.. harvest slowly moving up mah...
RC enough hand to play few stocks ah???  hmm.gif 

i mean bullets...  laugh.gif  brows.gif
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RC is using Ikan Bakar money to do some private placements and co restructuring for some companies with free capitals and contributions ..... yawn.gif




SKY 1809
post Jun 27 2013, 12:35 PM

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QUOTE(madkancil @ Jun 27 2013, 12:29 PM)
luster will be back with a vengeance...
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If more ikan bakar want to take part , it is possible yawn.gif

Good luck to you anyway...

This post has been edited by SKY 1809: Jun 27 2013, 12:38 PM
SKY 1809
post Jun 27 2013, 01:25 PM

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Thursday, June 27, 2013
Apollo- top-line & bottom-line slid
Result Update

For QE30/4/2013, Apollo's net profit dropped 23% q-o-q or 18% y-o-y to RM7 million while revenue was lower by 4% q-o-q or 3% y-o-y to RM55 million. Top-line & bottom-line dropped due to lower demand from both local and export markets as compared to the festive months in QE31/1/2013. The lower revenue and higher operating cost had resulted in a decrease in the current quarter’s profit.


Table 1: Apollo's last 8 quarterly results


Chart 2: Apollo's last 23 quarterly results

Valuation

Apollo (closed at RM4.05 yesterday) is now trading at a PE of 10 times (based on last 4 quarters' EPS of 40 sen). For a consumer stock, Apollo's valuation is deemed undemanding.

Technical Outlook

Apollo is in a gradual uptrend which accelerated over the past 6 months. This sudden acceleration may taper off and the stock may move in a sideway manner for a while. It shoudl however find good support at the psychological RM4.00 level.


Chart 2: Apollo's weekly chart as at June 27, 2013_10.00am (Source: Quickcharts)

Conclusion

Despite poorer financial performance, Apollo is still an attractive stock with positive technical outlook. As such,, Apollo remained a good stock for a long-term investment.

SKY 1809
post Jun 27 2013, 01:40 PM

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QUOTE(gark @ Jun 27 2013, 01:34 PM)
You also queue at 4 meh? Jialat lio.. everyone target 4 4 4 4 4 4 4 4
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Better quene at 30% limit down , maybe can strike some lottery ..... yawn.gif
SKY 1809
post Jun 27 2013, 02:07 PM

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Someone needs to dump 200 lots of Apollo at 4.45 and see how the stock sinks .
SKY 1809
post Jun 27 2013, 02:30 PM

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QUOTE(gark @ Jun 27 2013, 02:16 PM)
Alamak!  doh.gif  You are a dividend investor.. FCF is the first thing you need to master.  bruce.gif

I also thought you akauntan must calculate this every day 1?

Actual FCF = EBIT(1-Tax Rate) + Depreciation & Amortization - Change in Net Working Capital - Capital Expenditure
Shortcut FCF = Net cash from operation - purchase of PPE

But my style i exclude changes in working capital as it distort the FCF too much...  laugh.gif
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But if the growth in working capital is high , like stocks and debtors in stagnant sales ( Q to Q ) do suggest to " keeping a close watch " on this kind of consumer stocks......

Just my view only.....

This post has been edited by SKY 1809: Jun 27 2013, 02:31 PM
SKY 1809
post Jun 27 2013, 02:44 PM

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QUOTE(yhtan @ Jun 27 2013, 02:40 PM)
Definitely got potential laugh.gif  brows.gif
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Got Haze in forum hmm.gif
SKY 1809
post Jun 27 2013, 03:01 PM

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QUOTE(jasontoh @ Jun 27 2013, 02:55 PM)
After sell business, meaning I also not holding anymore lo. Cannot generate passive income for me anymore ma. That is why the "victim" word.

Just a quick question, our dividend consider as our income or no need to declare?
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Actually. there is no law to say you do not need to declare your incomes just because u are not taxed more like Dividends .

But people do make their own judgements not to declare .......
SKY 1809
post Jun 27 2013, 03:06 PM

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QUOTE(jasontoh @ Jun 27 2013, 03:00 PM)
I've got the letter last 2 years, asking me to bring the receipt for few years. So, I just submit and get the stamping on the receipt as well as the BE form.
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Ya, Income Tax Law does have a deeming provision to say the properties u own come from Taxable Income Sources, unless you prove otherwise.

The duty to prove is on u, not the income tax dept.
SKY 1809
post Jun 27 2013, 03:08 PM

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QUOTE(jasontoh @ Jun 27 2013, 03:04 PM)
If I declare, means have to pay extra income tax already, right?  hmm.gif
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No , it is just a form of notification...

No incomes declared would be " double" tax in law.

This post has been edited by SKY 1809: Jun 27 2013, 03:08 PM
SKY 1809
post Jun 27 2013, 03:16 PM

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QUOTE(gark @ Jun 27 2013, 03:12 PM)
Last month just received letter from IRB... ask me to pay next year's income tax in 12 month installment...  they call it scheduled tax, based what they estimate i need to pay in 2014.

Like this also can. Not yet receive income ask to pay tax first. ... vmad.gif  vmad.gif  mad.gif  mad.gif
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Just to remind, u need to pay penalty if u wrongly estimated yr business incomes by a certain margin....
SKY 1809
post Jun 27 2013, 03:18 PM

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QUOTE(gark @ Jun 27 2013, 03:16 PM)
Personal income tax... but not from working income, from dividend, rental etc etc...
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Buy reits lah, do not need to pay income tax laugh.gif

This post has been edited by SKY 1809: Jun 27 2013, 03:19 PM
SKY 1809
post Jun 27 2013, 03:21 PM

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QUOTE(gark @ Jun 27 2013, 03:17 PM)
They already estimate for me... each of the 12 form got the amount written into it... doh.gif Payment must be made before 10th every month.  rclxub.gif
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For business incomes, u need to correct income tax if they make a wrong estimation on second year ..........if not penalty

Correct me if I am wrong.......
SKY 1809
post Jun 27 2013, 03:24 PM

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QUOTE(jacckl @ Jun 27 2013, 03:20 PM)
max say drc already abandon luster, now aim biosis     laugh.gif
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biosis is a PN17 co, and RC is not a major shareholder yet ,

How do you know it is not a " failed deal " as usual......... hmm.gif

This post has been edited by SKY 1809: Jun 27 2013, 03:32 PM

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