VT counter = Banned..

You better go buy REIT..

This post has been edited by gark: Mar 27 2015, 05:33 PM

Shhhh...

Nanti kena called to polis station onli u know..

Tak jadi up interest rate..

Buy pinky punya counters ler..

*ting..*

Pins dropping..

See the fine point .. "non operational gains" .. ie. no REAL money earned.. most probably revaluation gains..

Pink ones..

If due to selling shares.. should not be in non operational gains..

Lazy to read the report... if anyone wants to know further .. go read the Q report ..

Decided to AVERAGE UP on 4*3* .. on recent price weakness... previously recommend to pinky one..

Investment Pros

1. New factory which will double the commercial packaging division will be up by next year. This division is growing at a healthy rate based on Asia's move to prepackaged convenience foods.

2. Lower feed cost (Due to cheaper oil) for industrial and commercial packaging division, and have healthy USD based sales.

3. Property division is expected to be stagnant, but concentration on low to medium cost property should able to be resilient.

4. Management target of doubling packaging revenue by 2017, this is the same management which said they will double the EPS within 5 years and did it successfully.

5. Counter is selling at undemanding PE 9+ X and DY 3+% and ROE 19+%. Expected immediate growth to be 5%-10% until plant expansion complete.

Investment Cons

1. High USD based borrowing which has incurred FOREX loss for the past 3Q. However management have steadily reduced the USD loans.

2. Margin weakness in industrial packaging division because of high competition from other local players with aggressive capacity expansion due to USD export market. Is this a glove counter deja-vu all over again?

3. Thin trading volume which makes it difficult to acquire or dispose in large amount. A boring counter.

This post has been edited by gark: Mar 30 2015, 10:24 AM

Mau join?

No guarantee tho.. the price is on downtrend now..

But I find no reason for the price weakness.. Maybe because its a boring counter?

This post has been edited by gark: Mar 30 2015, 10:27 AM

Then must ask chartist Boon..

No selling.. managing director got last buy on 12 Feb 2015.. buy 5000 shares on open market.

Nope.. that one is tomypak..

Previous recommendation ... SIGN gogogo..!

This post has been edited by gark: Mar 30 2015, 11:27 AM

Yes.. even if hold 1 share you are invited to AGM. Just bring your mykad AND make sure you are still holding the shares. If you sell you are not eligible for AGM.

Xjapan..

Sounds very de yellow one..

You see analysis or the analyst?

Dun follow.. later ham ka chan all..

For now yes EBITDA about 60:40... later IF packaging revenue UP then should be 40:60 (manufacturing)

Downtrend in this counter is due to perception of property slow down..

This post has been edited by gark: Mar 30 2015, 01:36 PM

Nampak Hantu..

Ami to fo..

Can meh..

90% of it launches is affordable housing under Rumah Mampu Milik Johor..

only 10% is premium..

Mah Sing all do premium houses as far as I know..

So what you think of this counter..