Both the furniture stock u mention yesterday I also have. Both also have earned me quite a lot profit. And I am quite satisfy with the return. And I am just happy to collect dividend from them

PS: ah lat is going to relese it final Q report 2 more month and I estimate they will distribute 0.15 to 0.2 sen dividend based on their normal payout ratio of 25%-30% with estimated minumum 60sen ESP for 2014.

For homeritz, I estimate will distribute 0.015 sen for the third Q. Although not a lot, but with the increasing of dividend every year, I am satisfy with the company and will continue to hold

You do realise that every stock will have its pros and cons one.

It means..... the market is way too generous with the stock price considering how the company is performing the recent quarters......

Boon, i am definitely not married to a stock. haha. i guess i am a long term trader then.

i shall wait for consolidation 1st. dow hitting new high everyday. should be retracting around this few weeks before it test above 17k ... 19k possible within a few month but this is a sign of a bull before the great depression come in

It's good to be prepared but as much as you are, prepare yourself for the unexpected too.

Market will always tend to surprise one.

This post has been edited by Boon3: Jun 21 2014, 06:58 PM

no wonder....

http://www.thestar.com.my/Business/Busines...h-LED-business/

got a wake up call by star

LOL!

Wake up call? Nah....

See this is what I meant by 'coverage' when I wrote about Homer yesterday morning.

Consider the following.

1. Company has a rolloer coaster track record.
It had been recovering/turning around since hitting the low in 2009. Some would call it growth since 2009.
Nevertheless, the fact is profits had been terribly poor the last 3 quarters.
Yet the stock is flying.

2. Stock was stuck in 60-70 range for few months until news of this big order in April.
Stock flew up cos of that.
On one hand, order is big. So there's justification.
Stock closed at 1.16.
Up some 46 sen since breaking out of that range.
LOL! Chart is extremely bullish for the matter....
want to chase meh? hehe...


3. In terms of EPS.
If assuming the same profitability and also using the same estimate, the order could bring in some 10 mil profit.
Could.
But in terms of eps, that's only some 6 sen EPS.
The lest 3 quarters, Elsoft only had sales revenue around 3 or 4 million nia.
Profit per quarter is about 1 sen per quarter only.....

Price now 1.16 yo....
How?

I would stick to my earlier comment...

Market is too generous....

Sometime coverage also can be manipulated by those analyst by using many technical term and also "Future prospect"

Of course la.

Which is why Elsoft is trading 21 times current (trailing) earnings.

And compare to Homer.... it's only about less than 8 times earnings and Ah Lat at under 5 times earnings.

Which one you want?
With coverage, you get an over 20x earnings stock?
Or without coverage, you get the ultra low PE stock?

Remember, whether you are investor or trader....
you want to make money mah...
you want the stock to go up ma.......

Surely I cannot be wrong here.....

Ya. No matter investor or trader, making money is the main priority.
But although lack of coverage, both homer and ah lat price have also increase around 100%+ within a year which already win a lot of stock already. Yes I admit with coverage, the stock will move with more excitement and faster. But what I wanna highlighted here is even without coverage one can also earn money slowly and able to sleep well at night.
Different people different playing style.

It's not about different styles dude.

Look what's your rough value of Homer?

Yes, what do you think Homer should be worth?

My fungers (I dunno la) simply shoot out like a blind bat .... 160.



Look at it now....
A pathetic 80 sen.

Are you happy with 80 sen if the company is worth 160?
Yes, your cost is cheap... maybe 40 sen only...
but does the current price justify what the company's performance?

Try to think another way you will be more happy.If a company worth 160 is priced 160, then it is useless to buy because even you buy the company you also have nothing to earned. That why you should be happy a company worth 160 is selling at 80 sen now. And after buying, it is the battle with patient. Of course the process of waiting is very boring and lonely, that why I always aim those company that will give consistent dividend to cover up some "boringness". Hahaha.
When I just started to play stock, I also often think wth the market is thinking?? Those shet company so many people buy and those good company just leftover there with no movement. As the time pass, I slowly realise that those unvervalue stock price will keep on increase at slow pace.

Homer value hah??
Sure follow u at 160 de mah.

You still don't quite understand my point...

nvm...
I no need hard sell...
as long as you are happy with the current price....
then so be it.

Sure not happy with current price lah.PE so low. Those others sector with this type of EPS, DY and growth sure PE 10-15 already. But what can I do?? Want privatise I not enough money. So can only wait lor.

price fair or not, the divvy for homer is already generous for it's current price. imagine profit is 1.5X each year and 40% divvy policy each year. eat this share alone can makes you fat enough. but of cause when disaster strikes this share may not be spared for punishment too

i'm sure that is elsoft will continue to grow... but yes according to my opinion, this stock is abit overrated for it's price right now

LED is temporary incandescent bulb replacement before they find another better lighting solution. how long? i don't know

LED consume 40% less energy than normal incandescent bulb, but the cost is 20X higher. maybe malaysia cheap electricity tariff may not create an interest in LED lighting, but it is getting popular in the euro/us

This post has been edited by spring onion: Jun 22 2014, 03:03 PM

....


Meanwhile...

...... another homer fansi or mangsa?

let me re-post this again.....................

***********

Regarding Homer.

This is actually a stock that I just discuss openly with gark
Yes, in my opinion (which could be wrong), I felt Homer should be valued at around 1.60 within a year.
That time, Homer was around 68 sen or so.

Now despite the superior results shown by Homer, tremendous growth and an unbelievably good result...
I think many would say Homer is kinda underperforming...
Homer is just trading around 80 sen...
Pathetic actually once you start comparing with other flying stocks....

So what's the deal?

I had already voiced out the concern regarding the stock.....

it's a furniture stock - many still misunderstand and have a negative bias against the sector.
Not that I blame them...
Furniture companies is usually associated with furniture showrooms that gets burned down....
Many just don't like and trust such business....
They think it's all inside con job.
I don't blame them...

the lack of coverage....
an undiscovered stock is an undiscovered stock....
it runs the risk of being a sunset stock for a very long time....
which research house is covering it?
Kenanga had a research done on it...
but the research was horribly terrible....
Profit estimates were behind the curve (trailing profits were already more than the estimates given by the analyst! Duh! )
The price target was simply given - it was based on TA... and the TA was faulty! Duh!
KLSE is not a matured market...
without proper coverage... the stock is...... unloved.....

lack of news coverage....
Star had a coverage on the company recently...
but that's about it.....
when Homer announces its good result past couple quarters, there was ZERO mention. Duh!

lack of institute funds......

And all these issues still remain today......
That is why you don't see the stock go up bang band sound.....

In fact, I just wrote the following comments yesterday..............
And this is where we stand on Homer today.

Are you guys and gals gonna hold that 160 as if it was some holy words cast in stone?

Or do you think it's high time to re-evaluate the trade?
Maybe those fungers of this Ah Boon was so damn intoxicated when it ran out the figures 160......

IMHO, Homer can be held for longer term, not for short-term trade