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 Traders Kopitiam! V6

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gark
post Jan 7 2015, 03:56 PM

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QUOTE(Pink Spider @ Jan 7 2015, 03:50 PM)
what is the industry standard nowadays? rolleyes.gif
*
0-24 .. whistling.gif

depending on industry... nod.gif

This post has been edited by gark: Jan 7 2015, 03:57 PM
gark
post Jan 7 2015, 05:03 PM

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QUOTE(johnnyzai89 @ Jan 7 2015, 04:49 PM)
looking at @gark wellcall smile.gif
*
Still expensive.. hmm.gif
gark
post Jan 7 2015, 05:39 PM

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QUOTE(Pink Spider @ Jan 7 2015, 05:37 PM)
If I got that much...I bukan driving Honda Siti liao doh.gif
*
I driving kapchai only... whistling.gif
gark
post Jan 7 2015, 05:48 PM

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QUOTE(river.sand @ Jan 7 2015, 05:42 PM)
Payout ratio 90% suggests that it has no plan to grow  hmm.gif
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Not necessary..it just means too much cashflow. (like its a bad thing.... rolleyes.gif ). Yes some company have this dilemma.. just like Homer.. laugh.gif

The 150,000 sqf factory in ipoh has been expanded to 320,000 sqf in 2010. Now already operating at max capacity.

Last year bought another piece of industrial land for expansion, currently building factory no 3, plan to commission 1 line by April 2015.

Also this.. wink.gif

QUOTE
The company is sitting on net cash of RM41 million, which together with steady operating cashflow will continue to support a generous dividend payout.


QUOTE
Piling works had commenced in end-June, putting phase 1 of Factory 3 on track for commissioning by April next year, the group’s co-founder and executive director Alex Chew Chee Chek tells StarBizWeek.

The new facility, located about 1km from Wellcall’s existing factories in Ipoh, is expected to at least double its mandrel hose production, the firm’s core product.

Phase 1 and 2 of Factory 3 will boost its total installed capacity by 70% to 56,100 tonnes from 33,000 tonnes currently. Phase 2 could be rolled out as early as six to eight months after phase 1 comes on stream, but this will depend on how quickly demand picks up for the additional capacity, according to Chew.


This post has been edited by gark: Jan 7 2015, 05:59 PM
gark
post Jan 7 2015, 06:06 PM

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QUOTE(Pink Spider @ Jan 7 2015, 05:57 PM)
its 5-year chart... sweat.gif

who buy at 1.40++ really  rclxms.gif now
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This also explain why the company needs so little capital to expand.. laugh.gif laugh.gif laugh.gif laugh.gif

QUOTE
Wellcall spent RM4mil instead of RM32mil to install 32 mandrel production lines in Factory 2, Chew explains.

“We saved money by hiring a retired mechanical engineer to design and refurbish a semi-automated mandrel line.

“It was a risk for us as this was our longest line at 60m. The South Korean firm would have done it for a much pricier RM1mil per line.”


Super dooper chinaman kiam siap company... laugh.gif laugh.gif laugh.gif

This post has been edited by gark: Jan 7 2015, 06:09 PM
gark
post Jan 7 2015, 08:06 PM

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QUOTE(wenqing @ Jan 7 2015, 07:20 PM)
Fong siling
*
nod.gif

I like his counters.. his style of investment is almost same as mine.. laugh.gif
gark
post Jan 8 2015, 09:59 AM

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QUOTE(spring onion @ Jan 7 2015, 10:17 PM)
haha it was me that set 1.20. others set 1.60 whistling.gif
you got any options?

i'm current looking at a few export company industrial raw material based on oil and petroleum. BPplastic, CBIP and VS. currently BPplastic looks more attractive to me since low debt. however need to wait cause last quarter operating cost was way higher
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For plastics.. i am looking at Tg*an

CPO and Oil although is USD based, will tend to follow the prices rather than appreciation of USD. laugh.gif
gark
post Jan 8 2015, 10:00 AM

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QUOTE(Boon3 @ Jan 8 2015, 09:10 AM)
doh.gif

That guy is way over rated. tongue.gif

In general, market players just like to follow, ie jump into the same boat.... whistling.gif

Anyway, if one had pay attention, the top 5 largest shareholder is a point of note.
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Nah, I dont really follow all the stocks he buys.. I dont even check. tongue.gif

Just that, when i buy a stock or a stock is interesting to me, I often see he is a major shareholder. laugh.gif

So .. thats why I conclude, his style is almost same as mine.. buy undervalued companies and wait for years and years before bear fruit. rclxms.gif
gark
post Jan 8 2015, 10:02 AM

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QUOTE(Pink Spider @ Jan 7 2015, 11:47 PM)
Just did an anal on Homer

Ok la, 1.20 TP smile.gif
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Look at the FREE cash flow, and you would not think 1.20 is a FAIR value... tongue.gif

Dont just look at profit.. wink.gif

This post has been edited by gark: Jan 8 2015, 10:13 AM
gark
post Jan 8 2015, 10:18 AM

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QUOTE(Pink Spider @ Jan 8 2015, 10:13 AM)
slowing revenue growth wor tongue.gif
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Due to forex of RM/Yen... Yen has nose dived vs USD much earlier.

80% of Tguan export is to Japan for plastic bags, this is old skool bussiness...

Things to look for is their new thin/stretch film growth..
gark
post Jan 8 2015, 12:16 PM

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Oooo &sas and nari both uptrend today... they make such nice trading stocks. laugh.gif Wild moves irrelevant of fundamentals...

Pity.. I dont trade. hmm.gif

» Click to show Spoiler - click again to hide... «


This post has been edited by gark: Jan 8 2015, 12:18 PM
gark
post Jan 8 2015, 01:20 PM

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QUOTE(Pink Spider @ Jan 8 2015, 01:05 PM)
Unker gark, your Pharmaniaga does CSR activity tongue.gif

http://www.theedgemarkets.com/my/article/p...ies-flood-areas
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Haven't buy yet...

CSR = less profit, but less guilt tongue.gif
gark
post Jan 8 2015, 01:49 PM

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QUOTE(Pink Spider @ Jan 8 2015, 01:24 PM)
Why got guilt? rolleyes.gif
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Cause you are profiteering from those who need help most.. poorer segment of patients, who cannot afford private hospital. tongue.gif
gark
post Jan 8 2015, 02:19 PM

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QUOTE(Pink Spider @ Jan 8 2015, 02:02 PM)
Something (I think) new to ask...

Technical talks...

Let's say a stock that u are looking at, have been trading on a channel, let's say downtrend channel. If it managed to break the upper resistance of that channel, USUALLY it means breakout...

Would u...be the HERO bruce.gif flex.gif  and buy up to Seller's price and make it break that resistance, and hope that other market participants will take it as breakout? unsure.gif

notworthy.gif
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Do you have enough $$$ to buy up all the seller's share to make the stock move? tongue.gif And also to have a big enough buy bid to adsorb all the selldown.. there are two forces you need to beat.
gark
post Jan 8 2015, 02:31 PM

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QUOTE(Pink Spider @ Jan 8 2015, 02:23 PM)
No lar

Just force it to break resistance (for a while), hope other buyers follow suit and push higher blush.gif
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You need to follow up, if you buy up, then the seller sell down, you are back in square one, stock end up not moving.

What you need is to buy up all seller stocks, set huge buy bid, then buy up next tranche of seller bid, and move your buy bid higher.. slowly pushing the shares up. You need to push up maybe 5%-10% a day for few days to have the ikan bilis take notice.

This cannot be done in a day, you need a few days to do it ... until there are no more sellers but left only buyers, then the stock might move up itself from the ikan bilis buying and you keep support all the way. Now you will become the net seller as the buying continues. Selling more and more as the buying continue, if stall, push up again.. let the cycle continue. Until you reach the point of no return.. and before the hype ends, sell everything and cash out. laugh.gif

You also need some kind of rumor/news etc etc to move the stocks, by just buying up is not enough. Usually syndicate works with reporters from business newspaper and magazine. And also rumor mongering in investment blogs and websites... and preferably 'influential' shareholders as well...

This post has been edited by gark: Jan 8 2015, 02:35 PM
gark
post Jan 8 2015, 02:38 PM

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QUOTE(Pink Spider @ Jan 8 2015, 02:36 PM)
If I do that...is that illegal ar? hmm.gif
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Nope.. as long as you are not insider. laugh.gif

But.. you can be investigated for manipulating share prices.. butit is very very very hard to convict in Malaysia.. tongue.gif

This post has been edited by gark: Jan 8 2015, 02:39 PM
gark
post Jan 8 2015, 02:42 PM

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QUOTE(Pink Spider @ Jan 8 2015, 02:41 PM)
but...sometimes also will end up with rotten fruit tongue.gif

like last time he rekomen me one plastic stock...forgot what name...cash rich but zero/negative growth...apa nama ar?
*
Ada meh? tongue.gif
gark
post Jan 8 2015, 02:45 PM

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QUOTE(Pink Spider @ Jan 8 2015, 02:43 PM)
got!

plastic company...cash rich, very kiamsiap dividend payout...no growth

I remember u also macam dah dump  tongue.gif
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Ya kah..? whats the counter name .. see it can refresh my memory. tongue.gif
gark
post Jan 8 2015, 02:50 PM

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QUOTE(Pink Spider @ Jan 8 2015, 02:47 PM)
Starts with "B" I think hmm.gif

cos quite far at front of my alphabetically-sorted Excel worksheet, after APM and before Homer laugh.gif
*
I checked my stock list (bought, sold and hold)... no stock start with B one wor...

Maybe you confuse with someone else.. tongue.gif

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This post has been edited by gark: Jan 8 2015, 02:51 PM
gark
post Jan 8 2015, 02:53 PM

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QUOTE(Pink Spider @ Jan 8 2015, 02:51 PM)
dun try to run, confirm its u! tongue.gif

any plastic company u bought before? cash rich...kiamsiap divvy wan...
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Nope.. maybe got recommend you.. but I did not buy.. laugh.gif laugh.gif laugh.gif laugh.gif

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This post has been edited by gark: Jan 8 2015, 02:55 PM

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