The lady conducting the interview is definitely HOT~!!


hold on...too much make up liaw...
use too much ICI dulux paint....


This post has been edited by kancs3118: May 17 2015, 11:28 PM

yah,....whats wrong ? good morning and blood bath in the afternoon

Does it mean that 11th Malaysia Plan is being shelved indefinitely?

Hi guys, just wanna ask for knowledge purpose. I am reading the quarterly reports for a property developer and cone across the term

Accrued billings

In its currents assets.

What is the meaning of accrued billings in the context of a property developer?

Amid these gloom and doom, i can take consolation in the fact that both:
- Gadang (trump card: Capital 21 project at Tampoi Johore), and
- SYMLife (trump card: Star Residences at KLCC)
declares 5 cents dividends each.

But then, that bugger.....that stupid Global Oriental Berhad (trump card: Da'Mein shopping center + other projects at SeriKembangan ~ all of her projects already more than 90% sold and majority is predicted to be completed by 2015/ 2016) is going down below the rights issue price of RM0.50. In addition, got no dividends declared.

Really bleeding heavily for both GOB + SymLife. Bought both counters before the crash.

This post has been edited by kancs3118: Aug 11 2015, 01:05 PM

I am feeling very depressed...

Sky1809...can say something positive to cheer me up? pleaseee???

This post has been edited by kancs3118: Aug 12 2015, 11:11 AM

Brother Sky1809, can help to recommend good solid fundamental counters ? thanks bro....

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This post has been edited by kancs3118: Aug 14 2015, 02:55 PM

Hi all taikos, anyone holding on to SymLife? The quarterly sales is falling like shit comparing quarter vs quarter...

HOPEFULLY, IT IS SYMPHONY OF LIFEEEEEEEEEEE
HAHAHAAAAAAA

Hi Sky Gor...long time no see...wishing you a happy new year 2016.
So brother, what are your top picks for this year?

Symlife i think - very deep coma liaw...

By the way - what do you think of Tambun Indah? do you think can enter at this price?

By the way , can help to check my calculation to get the PE is correct or not?
Gadang:
Qtr Net profit attributable to ordinary shareholders
30-11-14 $8511
28-02-15 $16168
31-05-15 $24552
31-08-15 $20862
Total $70093

Total issued share capital: 235113

EPS = $70093/235113 = $0.298124732

Current share price = $2.44

P/E (trailing 12 months) = 8.184493744

Is my calculation correct? Please help to advice.

@ Sky Gor, actually, i plan to average up on Gadang. But then, waiting for it to come down. It seems the price push is in anticipation of a good quarter which will be announced this month.
Hopefully, can "hentam" some of it when the price has dropped after the quarterly results release.

i think Gadang will experienced higher earnings for their FY16. BUt then, the share price has been chased up quite alot. I am waiting for the buying pressure to dissipitate before averaging up. Hopefully, it will drop to RM2.20 and then, whack some more.

This post has been edited by kancs3118: Jan 7 2016, 01:34 PM

By the way - what is your opinion on SymLife? i am stuck in there for very very long....sigh....

HI Sky Gor,
Thank you so much for still remembering me. Sometimes, investing is very lonely (and frightening) and it lightens my day that you still recall what i said.

For SymLife, i have not sold anything and i believe the price will come back maybe towards the end of this year to middle of next year due to the RM700M unbilled sales. Alot hinges on the sales of 2nd tower for the Star Residences. After checking with the Sri Hartamas agents, they told me they managed to get 30% booking for Tower 2 which is considered rather impressive in this weak market. Apparently, the brandname Samsung proves to be a huge crowd puller for the Star Residences. From the AGM, Tan Sri Azman Yahya mentioned that SymLife will breakeven on Star Residences after selling off Tower 2 (Tower 3 will be their pure profit) and 70% of the Signature Retail. Current sales for Signature Retail is somewhere around 60% already. Another advantage to SymLife is that the price per sqf for Star Residences is very cheap - at RM550 per square feet. They have this piece of Jalan Mayang land for a long time.

Actually, it is sad...i bought Gadang throughout 2015 at an average cost of RM1.45 and i am still holding on to them today. However, it is very sad - because i have to roll my losses in GOB into Gadang. The net impact is that at RM2.20, i don't make much from Gadang due to the losses in GOB. However, the good thing is that the initial investment capital is protected for both Gadang and GOB. Sometimes, it is better to cut losses no matter how painful it is. It is better to let the winners run (Gadang) and cut off the losers (GOB) although it is an extremely painful process.

Probably, my worst investment mistakes so far is to invest in GOB. I have written a few parts articles in GOB i3 website to mention what is wrong with this company's management and why i eventually sold my entire stake - albeit at a loss.

My investment plan for 2016 is to split the proceeds from GOB disposal and average up on Gadang and to invest the remaining in Tambun Indah. The right split should be 60-40.

The rationale is that Gadang is an uptrend stock and it has a lot of room to run to RM3.00. This way, i am planning to average up on Gadang to see real fast capital appreciation. However, the current price of RM2.40 is considered quite dear and i planning to load up more when it falls to RM2.20. At the pace things are happening, this seems to be quite a slim hope. However, the share market is volatile and fluid and anything can happen. Hopefully, Mr. Market will be kind enough to provide me a discount.

The other 40% will be invested in Tambun Indah is to create sort of like a deadweight to ensure the average cost lingers around RM1.40. After creating this deadweight, I am planning to continue buying into Tambun INdah using my salary for the rest of 2016 ~ just like what i did for Gadang. My rationale is that the share price for Tambun Indah will likely to trade range bound for a good part of the year given the poor market sentiment towards properties - even though Tambun should be quite insulated from this due to its exposure to mainland Penang and focus on the affordable housing segment.

Please tell me what do you think of my investment strategy. Thank you in advance. Sharing is caring.

This post has been edited by kancs3118: Jan 7 2016, 03:30 PM

@ Sky Gor -
long story short -
for Gadang: value trader - due to existence of average cost of Rm1.45,
for Tambun & Symlife: value investor.