I wanna spoonfeed also..

Tell me what stock to buy can guarantee 10% p.a. for the next 10 years.

Umm dont likey political stocks, dangerous if there is a change of local government or central government...

This post has been edited by gark: Dec 22 2014, 04:55 PM

Cheh! Lousy stock mana ada 10% p.a. for the last few years.. stagnant only.

U help pinky analyse his stocks lar...

Lets see.. project is 470 million... 50% stake so makes it 235 million

Lets predict 20% construction net margin (very high for construction industry) ... and 70 month completion date.

So... 47 Million divided by 70/12 years = RM 8 million per year..

How much shares does Salcon have? How much EPS per year, if project is recognized as progressive?

Worth it?

This post has been edited by gark: Dec 22 2014, 05:03 PM

Wah lau, what have you done with the real pinky?!!

Now start to play short term trading ah?

Lol.. no one cares, this thread is not use to increase post cost, we don't care about post count. We are here to discuss stocks and make money, that's it.

In 2 replies from felix, and you still cannot find it.. although all you need to do is google the first reply he made 'bursamalaysia', and you would have found it all.

That explains a lot of your 'effort' in trying to find such information.

If you want to discuss stock, and want to learn/share in ways of stock investment, you are welcomed to continue to post here. But being judgemental and with a attitude to boost, think you will not fit well here.. just saying.

Old story.. we have been discussing/investing in OnG well before the insiders started buying.

So what you buy recently? Let us know loh?

If you are talking about skpet, I would not buy at these prices, cause WTI crude price is still very low.

This recent price increase might be a window dressing for KLCI, the real story will begin after 1st jan..

Still lose to inflation.

Tiger bank giving 6+% dividend wor...

The forex rate will kill you slowly.... now 1 year FD is about 9.5%

You subscribe to the DRP lah, so dont get diluted.

LOL.. you did ask for OnG to buy right? And I gave you a few plus TP to boot...

Wont touch with a 10 foot pole..

On other hand china and HK banks are rallying...

Tiger bank...

Icon offshore...

Need to so some research this one...

This one is pure OSV... highly depend on charter rates which is tanking now with oversupply and falling oil price...

The interesting thing is that they are mainly concentrated in the 5000 BHP AHT & AHTS vessels, usually are lower margin vessels, which the charter rates are usually more stable but on shorter term. Also their vessels are 80% operating in Malaysian waters so it is subjected to cabotage which is an advantage.

Their current vessel utilization dropped from 89% to 75% hence the sharp drop in profit. They have another 8 vessels coming out in 2015-2016. If oil prices continue to drop and their vessels utilization might continue dropping to 50%-60%, hence the sharp recent selldown.

The owners are also very interesting.. thier CEO is a dentist. Main owner is Govt owned Yayasan Equiti Nasional..?

Might worth to pick up if it is cheap enough.. current prices is just at fair value..

This post has been edited by gark: Dec 23 2014, 10:57 AM

Depends..

At oil of $80 - wonderful company (Gross margin 50%!, cabotage moat, high growth from 6 new upcoming vessels)
At oil of $60 - fair company
At oil of $40 - shitty company (Gross margin 0% or worse..., drowing in debt, declining growth as vessel util drops..)

Thats what you get with commodity companies..

This post has been edited by gark: Dec 23 2014, 03:08 PM