Surprise surprise

Hup Seng Ping Pong biskut reported better revenue AND earnings!

Don't understand how weak Ringgit made their raw materials cheaper, though

And divvy yield...<3%

This post has been edited by Pink Spider: Aug 18 2015, 05:27 PM

True that.

Can promote BJAUTO abit? Price recently drop 20% from RM2.50 to RM2.00:

Pros
1. Mazda targets middle/high income group which are less affected by rising living cost
2. Upcoming launches of CX-3 SUV and MX-5

Cons
1. Weakening currency might impact domestic spending power/sales
2. Vincent Tan's counter
3. Strengthening of JPY/MYR might reduce profit margin. However effect may be negligible according to AR2014 :

Increase/(Decrease) to profit net of tax
JPY/MYR
– Strengthened by 5%: 741,000
– Weakened by 5% (741,000)
USD/PHP
– Strengthened by 5% 91,000
– Weakened by 5% (91,000)

Fair Value
Historical PE 12 x 17 EPS (FY14) x 20%CAGR = RM2.45

Take note it has broken below SMA200, downtrend line is at around RM2.40

This post has been edited by cooldownguy86: Aug 18 2015, 09:32 PM

This counter is good. I kept since IPO.
JPY's strengthening is bad, however they are gonna have more CKD models, which can cut costs (as well as prices for consumers), and boost sales.

Sahre Market rebound?

Great stuff.
Hard work usually pays off.

Comments:
1. I rather myself to be more pessimistic... it's like I rather err on missing out than I err on being too gung ho.

own poison hor...

2. Fair value calculations...
I am a trader.
I rather search for a strong catalyst stock than an undervalue stock....
for one reason... undervalue stocks.... it's meaningless for me...
because ANY given stock can be undervalued....
it does NOT indicate the quality/strength of the stock...
stocks goes undervalued for several reasons...
sometimes... a depressed market.... tends to cause a lot of undervalued stock... and when that happens, perhaps......maybe ok...
however.... sometimes.... it's the own company under doing that makes the stock cheap...
or simply put.... what is cheap does not mean it is good...

again... I am a trader....so whatever poison suits.... ok?

Historical PE....
it tends to be skewed....and goes to extremes if the markets is at the extremes too....
hence... it is not that meaningful....
and since PE itself is complex (ie forward earnings? ttm earnings? Fiscals earnings? ).... so we need to be damn sure the source of the data....

and then.... BJAuto itself... was just listed end 2013....
and with such a short listing time frame.... I really think Historical PE yardstick for BJAuto to be not meaningful.....

and with it.... the 20% CAGR .... I find that to be a rather optimistic figure...cos too little data.


err.... just some short long comments from a trader la.....

anyway.... keep it up dude....

Looks like some penny stock starting to rally & those export related. But the bears are fighting hard as well

I think can start consider looking at GHL and MPay. And monitor Ifca's results.

Overall market still cautious n awaiting key data from BNM tmrw

Yeah, u see mini rally, then quickly fizzle out as people sell into strength

I can understand GHL...
I can also understand why IFCA...
but MPAY? LOL!!!..... why?

thats why you dont understand la ...

LOL!!!!!


you sure ah?

If you follow the news on their upcoming projects, recent warrant exercise, private placement and new major shareholders and some parties in SG, that should highlight something to you.

But I'm looking at this for the long-term and not hoping for a 1 or 2 bagger anytime this year. If it does, then bonus lo.

Yes... the news flow is there.... but the risk you have to take is news flow is news flow...

sometimes... there's always a chance the news flow tak jadi one....
which is sometime I think most are aware...
this awarded this and that...
few years later...
take jadi pulak...
recent example? best example I believe is Smartag.
I made several comments... but because the majority had vested interest.... my comments became unpopular ....
anyway it happens... ok? (ie ... meaning... not to say...this will be the exact case for MPAY)
just hope you understand the risk.....
and in the market....
I feel one should never be too optimistic and neither should one be too pessimistic...
balance is needed....

besides news flow...
to bet .... long term on a stock such as this....
I feel one should take into consideration...
what kind of company MPAY this is....

ie... it's like a horse...
if you bet on it to win....
you need to see the horse track record before betting, right?

ie... the track record has to be taken into consideration... yes?

and so the question, for me, that I have to ask ....
is.... what kind of company is MPAY?
how has it performed the last few years since listing?

my blunt answer?
mpay has performed like shit...
it's barely making company....

which is why...
if you want me to be on it...
I have to ask...
is this really the best horse to bet on?






ps......just my 3 sens of angin la...
if you are confident that your reasoning is sound enough....
go ahead dude....
make the bet.

Thanks Mr Boon for your kind response. Appreciate it. Keeps me grounded to ensure more homework is done for those horse(s).

MPAY's 2nd qtr results will be out next week. Finger's crossed for good news on results, project progress, capex and capital commitment plans.

LOL!
Just take my comments as a second opinion (nothing more nothing less) la....
as always...
my opinions might be too pessimistic or wrong....

good morning boon kor

good morning everyone.

pretty busy lately. it's been a while i have not been here...

market doing pretty bad, but if you guys got 100k in hand, which stock or a combination of stocks would you invest your 100k in?

sai lang on AirAsia

Hit & run lorrr, yesterday was hevea homeriz, today mieco

See profit, take it & run for your life