Action speaks louder

[quote=Pink Spider,Aug 16 2015, 04:26 PM]
If not jatuh won't call it bargain lor
Yeah agreed.

But still many using it



Sooner or later, customers will opt for changes and that will rlead to domino effect n turnover will eventually be affected. I know I will change. Cant afford to use unreliable telcos.

Did some study on Tenaga:

The recent drop in price has wiped of 22.9b in market cap, about 1.27x of 1MDB 18b assets (12b assets + 6b debt)

Pros
1. Increase in USD is negiligble - 10% increase in USD decreases <1% profit

Cons
1. Not much growth catalyst - coal/fuel cost variances are pass back to consumer via ICPT. Strong earnings in 1H15 was just one-off event
2. Assuming that TNB is going to get an unlikely 50% discount for 1MDB assets, net gearing will already double from 30% to 60%

Assuming a historical PE of 10, EPS of 115cents (FY14) and CAGR of 10%

Fair value = 10*115*1.10 = RM11.40

This post has been edited by cooldownguy86: Aug 16 2015, 11:35 PM

anyone bought evergreen & takaful?

Not bad!

Question:

Why point 1 is considered a PRO?

Are we deep taught that whatever has fallen equals value equals good?

Good question. Although price drop was triggered by 1MDB sentiment, the drop can be rationalised by the profit adjustment due to ICPT recognition. So it doesn't really means that the is stock undervalued or the market is overreacting. Have edited my earlier post.


I also look at Gadang as I was puzzled why the price is depressed despite profit increased 50% QOQ.

12MFY15 Results:
Construction - Revenue: 449585 Profit: 49145
Property - Revenue: 120523, Profit: 33666

While property contributes 40% to the bottom line, I was surprised to read in the 2014 AR (Published in October 2014) that the unbilled property sales is only 150mil. Does this mean that the revenue from property will taper off in near future and affect the overall profit?

This post has been edited by cooldownguy86: Aug 16 2015, 11:47 PM

I believe the price drop because the market feared that it will purchase power plant at a highly inflated price...

And with such a purchase, it woud weaken its balance sheet cos such a purchase would incur heavy financing...

Which goes back to what I always say....

Whenever a stock price drops...
It doesn't mean it is a good stock....
It's a fallacy to assume such...

Sometimes stock drop for a real reason...
And the reason is caused by a negative catalyst that might hurt the stock for a long time.....

Jumping in early.....
It's usually not a prudent idea...
What appeared cheap now could nr evev cheaper...

Look at Parkson.....
At 2:00...
Those using poor yardstick like 52 weeks low...
Might assume the stock is super cheap...
Some more the stock got buy backs...
Look at the stock now......

Sometimes, the prices that u look now does not reflect current financial standings, but the future expectations

so deep..... on a monday morning

Tenaga...RM10 coming

So, buying at RM10+ is considered QUITE "fair"

Btw, really heading toward RM10

forumer here seems still so steady

no panic here at all. all strong portfolio

strong your head

weeping silently

But I noticed you profile bz counting $$?

This post has been edited by CP88: Aug 17 2015, 06:04 PM

counting money to pay bills

All crying also cannot say here. After Boon3 post charts of your stock show you why you shouldn't have bought. Then you cry some more....

..... and then Ah Boon post 3 stock charts he did NOT buy.... how then?

Haha... those 3 will probably be the ones we have bought.... that's why crying... so we kena anyway....

Don't worry, just want to disturb you a bit. Must keep an eye on you and report to gark when he comes back from the jungle....

Shit.... time to hide myself...... from you..................................

Err...Homer, anyone?