got, there is a reason why homer is weak, sentiments of next quarter result will miss target. why? forex exchange LOL. my strong guess - revenue increase but net profit jatuh if compared to last year

If I am not mistaken...
Others like Hevea and Latitude also same boat what....
They too, like Homer, depend a lot on export.

homer focus on US and Euro more than other like hevea and lat does. hevea is more balance in terms of marketing location

Well, you can run the USD/MYR comparison chart from Yahoo for the upcoming quarter....
That way, you can agak-agak much better.

This is like conman's job. Lol.

Btw, boom do u know ken holdings Bhd? Any comments?

BJcorp... anyone familiar with this? looks kinda cannot catch up trend... like homer case

Gud counter with NTA @ RM1.24

It's not too bad of a company but perhaps a bit smallish.
I have seen its properties before and it's pretty decent.
Growth is good also.
Problem is it's smallish and it's a property stock.

Double post...

This post has been edited by Boon3: Sep 7 2014, 08:46 AM

Just buy and treat it as FD.
I do average up from time to time.

Market seems to prefer its subsidiaries.
And over its history the stock has been plagued with unexpected accounting losses, which makes hard core investors avoiding the stock.

Yeah, it's a penny stock and the general assumption is that it should be easy to fry.
This is why sime stocks, one need to understand the structure of the stock itself.
It's a must.
Cannot simply buy cos it's a penny stock.
Bjcorp is a monstrous penny stock.
Over 4.3 billuion shares.
How many can you buy?
Can you imagine how many chefs would be required and not forgetting the size of the wok to fry this monster?

property stock not good meh? or bubble burst coming soon? i have property stock already, but this ken looks very healthy, so im interested.

Eh?

Ah Hong... I am sure I did not use the words bubble burst.



Unserstand what I am saying in that last sentence.
Stocks it's all about managing what yiu are doing.
Manage your risks.

smallish and its a property stock.

i guess the main issue lies with the word "smallish"

now headache, hunting for value stock coz my tissue paper report macam kao sai

toilet paper still got value of 80 sen. still can sell tomorrow

about property stocks, it's good to have some

Ah hong,

You have to understand how the market thinks.
There are many property stocks.
Most have enjoyed good earnings.
However...the sector is no longer cheap.
Future or prospective investor s are going to be choosy.
Damn choosy.
They will most likely to nick pick over all the small issues.
Future projects la...
Land banks la...
Ability to deliver la...
Marketability la...
All will be scrutinized.
Even size of earnings.
They are NOT going to be silly and go overboard in the sector.

So ....if they are going to be choosy...why shouldn't you?

Do not buy and hope others will uncover what you think is a gem cos opinions will differ.

Buy only when you are totally convinced it is good and others will also.

That's my thinking....
It might differ from yours.

Well as I have said before, anyone can always disagree.
I could be wrong and this is a forum to share and discuss ideas.

Market might disagree with me and who knows, Ken could go up and up.

Ok?



This post has been edited by Boon3: Sep 7 2014, 06:36 PM

tmr confirm gap down already

you are correct ah boon kor, I already have 2 property stocks. i should choose another type of stock i think, btw, normally i dun like to choose those stocks when many people are discussing and promoting, i usually prefer "diam diam" ones where only few people discuss ones.

Ah Hong,

Here is Ken's chart.



As you can see, the stock has had a nice run since Feb 2014, particularly from Feb to May.
Which however, coincided with the stock doing a 1 into 2 stock split.
Which makes you wonder..... ya?

With the help of Uncle...

It's future projects...

http://www.thestar.com.my/Business/Busines...three-projects/


The profit growth DESPITE smallish sales revenue...



Current profit is about 24 million or an eps of around 12 sen and a pe of around 8.3.
Fantastic profit margin.
Net asset around 99 sen.

Ah... not many would be comfortable to see the current stock price trading above its NTAB.

Saw this other news clip.

http://www.starproperty.my/index.php/artic...jb-city-centre/

And that would explain a fair bit... ie why Ken has such a higher profit margin...
money from the rental income is good..
this compensates the almost non-existent profit from its construction business....

Hope those info helps in your decision makings....


Yes, there's a fair bit of risk involved in too popular a stock.
I believe this phenomena is known as 'thinking as a crowd'...
it has its dangers....
I am sure you have seen it here....
last time there was the stock called Smartag...
and not too recently, the debacle on Green Packet ASSet sale.....
Yup, the stock forum cliches.

Having said that, those 'diam-diam' ones also got its dangers...
sometimes alone, one could err by being stubborn on one's own views....
the mindset gets fixated that it's ok because one had done their own research and that one could be wrong....
and in the market...
if the general herd does not agree with your thinking...
well the risk is .....
that the stock could be ignored despite its peak earnings performance...
resulting the stock become a coma stock.....
and coma stocks... they could trade lower one....
especially when they turn in a poor profits report....

Yup... do not ever forget... stocks are risky.

i see. thanks ah boon kor, u r being helpful as always.

give up on ken, now eyeing other stocks, just cut loss on my ntpm. lousy counter.

With the bulk of the money coming from recurring income, Ken is probably a stable stock, almost reit like....
Only if it could establish a more consistent dividends.......