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looks like mid/small cap no more power to perform. more like at it's peak now. really need some foreign funds to keep pushin

Ah lat sibeh kiam siap dividend but proposed share buy back up to 10%.
So worth to hold?

erm... with the recent homeritz result, people are pretty much concern about their next release of Q result. for mid term wise, i think should be fine. for short term got some volatile

johnnyzai89

Repost:



So Homer got the bad verdict from the market yesterday.

Stock was thrashed and it closed at 0.83.



Is the beating down justifiable?
Or is the beating down a rash act from the market?


I know some are saying stuff like this beolow...

Yes, we know the net profits for Q4 was down a fair compared to its previous year Q4.

And yes, we know all along, the strengthening of the USD was a factor for Homer's excellent results the previous few quarters.

So accordingly, th other interesting note...



When we leave out this USD X-factor......

From the screenshot above:

So when we minus out the forex gain of 0.811 mil in Q4FY2013 ie 7.987 mil - 0.811 mil we get 7.11 mil.
And when we add the forex loss of 0.318 mil in Q42014, ie 6.689 + 0.318 we get 7.007 mil.

Which means it was basically a flat quarter IF the USD was a non factor.

However... I personally would NOT do such a thing.

Ths USD factor is part and parcel of Homer's business since it's an exporting business.



Furthermore, I do not think it's good to dig up reason for it's relatively weak Q4 performance.

Having said that... as per arguement, since USD is a FACTOR in Homer's business (exporting business), we should be aware of the USD movements...

and in case anyone isn't aware of it yet............... the USD has but been extremely strong recently.

check out the USD/MYR chart.



so questions now (for the immediate future) :

would the recent strength in the USD be sustainable?
if so, would it benefit Homer again?

Verdict?

Lastly.....



Homer's AGM is usually in Jan....

What does the last sentence mean?

"Homer's AGM is usually in Jan...."

Just stating the fact.

Well, the 3.1 sen final dividend is a proposal and it needs to be approved... and IF like previous years... that dividend should be paid in Feb ie Feb 2015.

Chase high

AHB classified as PN17 , worth play the reversal? any opinion traders from here?

What would be the catalyst for the reversal to happen?

so far i found none also, but maybe brother keow teow have some insight....maybe consider play some contra trading...for fun

Try show some respect for some traders here lor....
I am sure many traders here do not trade for fun laaaaa....

Trading is serious business...........

Bjauto, take profits or hold at current price?

Any comments from traders here?

delete

This post has been edited by Le Don: Nov 4 2014, 10:09 AM

like this also feel offensive meh ?

for fun doesn't mean don't want earn money .. i do it for fun also for serious business

If you want to take profits..... why?

Is it because you have gotten a very nice profit in a rather short time?




If you want to HOLD...... why?

Is it because you think there's more good stuff to come?




Is the charts showing any sell signs?

BTW hor... Japan Nikkei rally almost 10% within these 2 days.....hoho...

Print Print Print effect......hot money flooding everywhere again

Oil price dropping wooo

I think the USD strength is a bigger worry for 'many' companies....

For example...

a company which has lots of USD denominated loans (for example AirAsia) it is a worry cos higher USD means they have to pay more in their loans repayment.
of course, this could avoided via hedging......

a company importing goods/raw material in USD....
higher USD ....means higher costs...............

Woohoo new thread. Thanks Boon. Now where's my tips?

According to conventional wisdom, if a stock move up 20-25% in a short time, you should sell some to lock in the profits. Also, the stocks has almost reached the TPs of many investment banks.

But I will hold for the moment because: EPF still acquiring the stock, QE by Japan making the yen cheaper, and the charts has yet to show a head and shoulders formation. Also, I have a feeling there is more good stuff to come for Bjauto

Any thoughts?




Attached thumbnail(s)

New thread already, so long didn't visit Ah Boon

Got tipsy for me?

hehehe......


I do not practice conventional wisdom leh...
and I certainly do not pay too much attention to TPs....

I do not see any sell signal...... yet.

For me, if I have the stock, perhaps I might consider waiting.....
why?
The big money is always in the waiting.
So perhaps wait until next reporting quarter (next month, yes?) might be an option.

cheh.....


want tipsy ah?????

p/s.... I can be wrong one..... always.

Boon3 open new thread and change title. You think I won't find you?

Easiest tip should be all of the O&G companies, which are rather obviously oversold. At the same time, it is also obvious that so long as the oil price continues to fall, the stocks will keep falling too. So the big question is at which point do you think oil prices will stabilize?

Shiiiiiiiiiiiiittttttt!!!!

Interesting !!!!

Me ....say....... wait and see is best option.

No rush.

Hahah... yu can run but you can't hide....
Previous thread you ban me for asking tips. Now I see others asking tips here in new thread, so I come back to haunt you....

Where got ban you?

interesting. Thanks!

Insider Asia's Mr Tong also dumped Homer:
http://www.theedgemarkets.com/my/article/t...olio-nov-4-2014

Is there any way for me to subscribe to these updates without actually buying The Edge?

Every day go read Edge online?

btw, may I ask what everyone thinks of APM?

Slow grower...topline and earnings growth at 4-5% over past 5 years, ANALysts also forecast similar growth rate going forward.

Tan Chong Nissan models losing out to Honda, Toyota and Mazda lately, but APM also supplies to Perodua and Proton.

Dividend decent at 3%, if include special dividends, could go all the way to 5%+.

But investor seem to be just not taking notice of this counter.

Paper gain left a bit only, my profit from this counter mostly from dividends.

Feel wanna bail out and switch the $$$ elsewhere....Supermax is one candidate.

Sapura dropping quite a fair bit again.

Good bargain at 3?

boon is probably right to say to wait and see. May drop quite a bit more depending on the oil price.

Momentum portfolio ....

As per usual again................


DON'T RUSH to buy.....................









****** EDIT *********


Also as per usual again....................................

DON'T USE PRESET prices to bargain hunt........................

This post has been edited by Boon3: Nov 4 2014, 03:09 PM

Haha, 3.18/3.17

What?
For this stock..... you want to challenge is it?






come come...
bring horse come over.......

What sort of challenge

I have xilo idea.

You see hehe's rationale?

He's using the price where SKPet rebounded recently as the buy point.........

I think NOT.

Haha!

Not just recent eh, last year august also got, gonna form triple bottom!

Anyway, crude oil did break 80...

Is this really the type of triple bottom you want to play?




Imagine for a while.....

SKPet is FLYING UP....... instead of FALLING DOWN....


IMAGINE LAH.................................


the last time....

SKPet hit a resistance....

oh.... say ..... 3.17.....

say only la.....


anyway... just imaging what.....


now......

given such a case...............

would you say it's a sure thing that SKPet would not fly past 3.17 ?????

Would you use SKPet at 3.17 as a SURE WIN bet that it would fall ?????????????

Would you????

Haha will play or not of course not exactly at that price lo. Maybe 3.2x after successfully retest that area AGAIN and didn't sell down.

Err... you ask me to imagine when its below 3.17? Haha but now i can see its chart until 2012 wooo So cannot imagine for you laaaa

But if you ask me to imagine using RESISTANCE, then mostly if met RESISTANCE sure drop a bit then see successfully break (retest) or not loooo...

Some traders who entered may sell 1/3 or 1/2 of its position when met resistance and buy back if is a strong breakout.

As always, easy to say, hard to act, lol

errr.... huh?









never mind....





chase the falling stock then....


chase and believe that the stock will always bounce back as previously....................

Silly to chase right? cheap is cheap. Like "we are selling shares in Hilton for US$0.35" cheap

This post has been edited by wodenus: Nov 4 2014, 08:25 PM

Sometimes people cannot see the irony of it....

If the stock was shooting UP instead of down.....
would they chase to sell the stock SHORT at every resistance point?

But when the stock is falling.....
they always think cheap is good.......
and they WILL chase to buy....
at every possible 'support' points.....




It's a strange, strange world....................................

Here's another posting about chasing down the beaten down stocks.

Petdag's profit report was just released......



Petdag last traded today at 20.50.

First posting in July. post #1624



See also post #1953

See also post #1960

chase the stock down?

Here's the updated chart..........

Wow, WTI down 3%. Might break below USD75.00 soon. At least this means the US economy should have a fantastic final quarter.

This post has been edited by wankongyew: Nov 4 2014, 09:14 PM

This is exactly why you do not want chase something down.

The downside force is strong, really strong (though I have to say, I do not quite fully agree with the current movement)........


......... and the USD again moved much higher against RM................

Nani?! Haha, aiyo, why so gloomy?

Already said i'll "observe" the price action at that level lo. Why say like i'm chasing like averaging down?

Aiyoyo

Edit: "Buy when the stocks goes UP" ma

This post has been edited by hehe86: Nov 4 2014, 10:39 PM

Oil prices just dropped so..

*whistle*

Try look at those postings links.....
see the date of those postings.........

the issue on Petdag is not caused by current oil prices 'drop'.....

I still holding my skpetro till now...today top up some. Longer time frame needed...i guess..tomorow another show.

why rush to buy?

hahaha....nvm nvm. Still reserve some bulletwould like to see it drop below 3 actually....

Eh tak aci, short reply! lol

I do remember our last 'chat' on this stock.

post #2811

As it is, you have to admit that your earlier decision to jump in this stock was rash.
Too soon.

Topping up now.... means one thing....
you are attempting to correct that previous buy....
so you top up more...
to average your price....

But if your earlier decision to buy at 380 is to be considered a mistake...
then.... what you are doing now...
is basically....
buying more of your mistake !!!
You are doubling down on your earlier mistake !

Wise move?


Never mind..... let's consider other issue...

What's the current risk now?

Well it could retest the infamous low of 316.

that's a possibility.... right?



If someone were to ask me to describe the above chart...
what would be my description?

A stock facing incredible downside pressure............

and this factor....
is driven clearly by the plunging oil prices..........

and for me....
clearly this momentum is strong........

yeah back to the initial risk assessment...

yes.... it does likely the stock retest its recent 316 low and maybe we might even see some support and the stock bounce back..... it's possible...

but would this price hold if we factor in the plunging oil prices factor?
what if 316 doesn't hold? Not possible?

the bigger chart.................



what's the next levels? 3? 280? 260?

what's the next strategy?

Buy a bit more at each level?

Do the math........
Such strategy will require incredible lorry loads of ringgit.....................................

how?

are you willing to take this risk?

Why cannot?

Because is just not you! Anyway, you already did made your detailed reply, hehe

read this piece this morning....

http://www.thesundaily.my/news/1217955

Thanks for the sharing. I will wait for the next quarter report before deciding whether to buy more or sell.

This stock is a bit weird. Yesterday got good report from Maybank and announcement that EPF acquired 100,000 shares but the price still went down 5%.

u mean hold or dump ?

im bought rm 20.31...

Nope I think it's not that weird.

Look the stock had rallied strongly since that 'brief correction' and was actually trading higher (before yesterday's fall).....
That's the simple sign of pure strength for me.

However, as you know, the plunge in the oil markets, has traders getting nervy.
Hence, for me, it's understandable that some would want to take some money off the table.

That the stock fell 5% is ok.... for me.

Having said that, normally I tend to disregard research reports.
And I certainly wouldn't pay too much attention to them boys/girls playing for EPF.....

But the report from Maybank has a valid point.
Strength in the MYR against the JPY is a positive factor for BJAuto.

And the currency pairing chart does show the strength ultra weakness in the JPY.....



And the chart of BJAuto...



Well waiting for the next quarter profit report next month sounds a good move........
but you might want to put a 'stop/cut' position at 3.40.

All the best.

like that NISSAN and Toyota distributor also join the ride....

LOL!

Felix, I cannot advice what to do laaa....
I am not a PRO.



Having said that, you might want to go over the old posting links I posted last night (esp comments made to you)......
Yup, in the first place, I would NOT have purchased the stock as highlighted since July 2014...............

As it is..... some facts for your consideration....

with the lower EPS, the stock is still trading at a pe multiples over 31x!
And current FY total dividends for 3 quarters is 38 sen vs 52.5 sen.





p/s OT a bit....

Sadly, everyone is programmed to think that all plunging stocks means bargain hunting....

The danger/RISK in that thinking is........

THERE'S NO WRITTEN GUARANTEE THAT ONE WILL MAKE MONEY 100% WHEN THEY BARGAIN HUNT!!!!

Yup, if one buys a stock whose earnings is deteriorating rapidly.........
one could get whiplash by investors cashing their chips out of that stock....
and what used to be a bargain.... could get a whole lot cheaper !!!!

Possible but before assuming, you need to read their profit notes....
Check for possible hedging (hedging on wrong prices wouldn't benefit them at all)



Side note...

Nissan cars....... errr ............
Toyota......... not much excitement lately, yes?

Mazda? It seems so fashionable currently.....

i sold early morning. thanks for the highlight..


.bought rm20.24 -> receive dividend rm25.50 -> sell rm20.30(successful today) = TELOR kosong.

This post has been edited by felixmask: Nov 5 2014, 09:09 AM

I hope this is another example that highlights why I do not particularly like to bargain hunt trading............

if sell at 25 profit already ....but want play dividend ...

what ever; thanks give early morning report...

Mitra going up today

So far, some of my previous bargain hunting did not turn up well. (example: Bjtoto)

PWROOT anyone?

sorry for the ramble then.....

Hmm, any reason why you are interested in Pwroot?

The only positives I see is the dividend yield and the recent dip in price (Bargain hunting )

SKpetro 3.17 d

Their product is not bad. But in recent financial performance only so so.....and some investor don't really like how they allocate their fund.

Price now also ok, not considered expansive but not considered cheap too. So just bought a bit & wait for next quarter whether decides too add

stakes or reduce.

No big surprise there. You know, most of Iran's oil is still off the international market due to sanctions. What would happen if Iran managed to negotiate an end to the sanctions?

So what's your call? buy? hold ?do nothing? or sell?