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 Investors Club V9, Previously known as Traders Kopitiam

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SUSlowya
post Apr 12 2017, 10:46 AM

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Mr Fong Siling bought SKH for 0.14, anyone here done valuation on SKH?
SUSlowya
post Apr 12 2017, 11:46 AM

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Check it out!

GFM 0039

now only 0.675

This post has been edited by lowya: Apr 12 2017, 11:48 AM
SUSlowya
post Apr 12 2017, 11:55 AM

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QUOTE(Pink Spider @ Apr 12 2017, 11:49 AM)
Ada apa spesel bos?
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just confluence of potential fundi invest + trading + goreng
SUSlowya
post Apr 12 2017, 11:56 AM

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QUOTE(tehoice @ Apr 12 2017, 11:54 AM)
i only use a regional comparable approach
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you mean Comparable Company Analysis - CCA ?
SUSlowya
post Apr 12 2017, 12:09 PM

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QUOTE(Pink Spider @ Apr 12 2017, 11:57 AM)
New listing ke? No comparative financial results wan?
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can refer bursa: http://www.bursamalaysia.com/market/listed...cements/5389745

ok let me spoon feed this time, GFM (0039):

1. all time high net profit and eps

2. dividend policy 40%

3. NTA RM6.93 or RM14 so high?!

4. wait for contra losers unload, can keep till 0.9.

5. chart

Attached Image

what do u guys think? gark tehoice Pink Spider Vanguard 2015

DISCLAIMER: NOT a recommendation to buy.

This post has been edited by lowya: Apr 12 2017, 12:56 PM
SUSlowya
post Apr 12 2017, 01:21 PM

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QUOTE(gark @ Apr 12 2017, 01:06 PM)
EPS is 0.59 sen based on diluted shares.

So at current price you are looking at PE 27X, PBV 4.71, even if they pay 40% dividend the expected DY will be  1.43% only
your 0.59c is 1Q only, if consider forward next 3Q all same performance then EPS=4*0.59c=2.36c, hence PE=28 at current price 66.5c

SUSlowya
post Apr 12 2017, 01:39 PM

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QUOTE(gark @ Apr 12 2017, 01:26 PM)
Yes exactly..I already based on 4Q forward, PE 27x-28x.. you still consider as fundi counter?  hmm.gif

For goreng no comment la.. if goreng can up to PE 200x can consider normal..  brows.gif
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20-30 PE quite common in trading/technology sector in ace market.

let's say given same Technology Ace Market, Krono PE 13, would you deem it better?
SUSlowya
post Apr 12 2017, 01:47 PM

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QUOTE(Pink Spider @ Apr 12 2017, 01:28 PM)
I saw NTA 14 sen and almost wetted my panties blush.gif
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i thought Pink Spider wear brief instead of bra and panties.
SUSlowya
post Apr 12 2017, 02:10 PM

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QUOTE(gark @ Apr 12 2017, 02:01 PM)
You can never see the PE only.. have to consider other things. Basically the profit growth ...

Krono i see the profit is too lumpy..need more convincing  tongue.gif

Basically still not my cup of tea..

Also GFM is not a tech company.. it is a facilities management company.. a service company. Pretty low tech according to their service description. But can get consistent income lar... growth will depend if they can get more buildings to manage.
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ok should compare in Trad/Serv sector, Ace Market say Texcycl 0089 PE 12 only, would you reckon it's better choice than GFM? (much better profit growth)

This post has been edited by lowya: Apr 12 2017, 02:18 PM
SUSlowya
post Apr 12 2017, 02:28 PM

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QUOTE(gark @ Apr 12 2017, 02:18 PM)
Bah.. you just naming counters randomly kah?  tongue.gif PE is not everything..

One look already can see the PE is inflated... on 4QR, got extra income of 6.2 million on 'fair value increase' on investment property... ie. artifical profit.

After minus that out actual profit is only ~2.4 mil.. flattish profit less growth and the PE will be 23x..

Again not my cup of tea..  whistling.gif
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definitely not random bro, i screen carefully before asking.

On Texcycl's 6.2m 'fair value increase', don't mind point me the the right source? can't seem to find it.

if a company engage in some sort of sideline investment, wouldn't that be considered part of their 'real profit'?
SUSlowya
post Apr 12 2017, 02:39 PM

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QUOTE(gark @ Apr 12 2017, 02:27 PM)
Next time must charge already.. 1 starbucks flat white grande per stock review..  laugh.gif  laugh.gif  laugh.gif
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so i can organised a seminar for you already, 10 stocks per session, cool?

come register faster. lol
SUSlowya
post Apr 12 2017, 02:50 PM

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QUOTE(gark @ Apr 12 2017, 02:33 PM)
Real profit will come from cold hard cash your customers pay you after you pay your supplier, staff, upkeep and maintenance.

All 'fair value increase' in investment property do is increase your NTA, it does not pay you any cash, unless of course unless you sell it. But if you sell it, you get less income since it is an investment property.

You are obviously just skimming the QR report, read more indepth la..  innocent.gif

4Q report - Page 1 under other income,
4Q report - Notes, under B1 : Review of performance, last sentence.
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wahh.. your 'one look' is awesome, can scan all the way so fast. notworthy.gif i found it already, thank you.
SUSlowya
post Apr 12 2017, 02:56 PM

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QUOTE(gark @ Apr 12 2017, 02:37 PM)
One thing to warn all investors..

The biggest bomb to look out for in financial statements is perpetual bonds/debt... in which do no which accounting body deem it to be 'reasonable' to include that as an 'asset/equity' for NTA calculation.  doh.gif

In which right mind a debt can be considered an asset..  rclxub.gif

Pui...  puke.gif

Accountant come mai explain..  laugh.gif
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do u mean the perpetual bond issued by the company or one that the company subscribe to?

from google:

QUOTE
Perpetual bond, which is also known as a perpetual or just a perp, is a bond with no maturity date. Therefore, it may be treated as equity, not as debt. Issuers pay coupons on perpetual bonds forever, and they do not have to redeem the principal. Perpetual bond cash flows are, therefore, those of a perpetuity.


QUOTE
What is a 'Perpetual Bond'
A perpetual bond is a fixed income security with no maturity date. One major drawback to these types of bonds is that they are not redeemable. Given this drawback, the major benefit of them is that they pay a steady stream of interest payments forever. A perpetual bond is also known as a "consol" or a "perp".


This post has been edited by lowya: Apr 12 2017, 02:58 PM
SUSlowya
post Apr 12 2017, 03:27 PM

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PE ratio is a little bit like RSI or warrant premium, where you can interpreted it both way by different groups.

1. Stocks with low PE: value investor buys. But traders says market lack momentum or unwilling to pay for the premium.

2. RSI: some swear to buy low, others like to buy high and sell higher.

3. Warrant premium: too low no one want, high premium trader says got momentum.

These 2 groups always don't agree with each other, therefore giving you plenty of transactions daily. Agree?

If you agree, then it's almost impossible to be trader and investor at the same time.

This post has been edited by lowya: Apr 12 2017, 03:30 PM
SUSlowya
post Apr 12 2017, 03:54 PM

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QUOTE(Pink Spider @ Apr 12 2017, 01:26 PM)
Unker, u just saved me from a trip to Amsterdam shocking.gif

Lei hou geng ar~ wub.gif
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Amsterdam 0.7 soon, more to come.
SUSlowya
post Apr 12 2017, 05:31 PM

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QUOTE(Vanguard 2015 @ Apr 12 2017, 05:20 PM)
I just came into the office. Wah, so many posts here already.

Currently I am eyeing Homeriz. The price has been falling. The company is cash rich and pays good dividend. Potential upside is 13.85%.

Any sifus holding this counter?
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QR coming out soon? dont want to wait?
SUSlowya
post Apr 12 2017, 06:07 PM

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QUOTE(Vanguard 2015 @ Apr 12 2017, 05:20 PM)
I just came into the office. Wah, so many posts here already.

Currently I am eyeing Homeriz. The price has been falling. The company is cash rich and pays good dividend. Potential upside is 13.85%.

Any sifus holding this counter?
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if you really going to trust analyst TP, you might as well buy Ekovest for 83% 'upside potential'.
SUSlowya
post Apr 13 2017, 08:29 AM

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SPSSETIA is a counter that with good fundamental, the price not even move even after 50 days released of QR, i wonder why....
SUSlowya
post Apr 13 2017, 08:44 AM

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QUOTE(djhenry91 @ Apr 13 2017, 08:31 AM)
no more Tan Sri Liew effect liao
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these probably the classic reason why some trader prefer goreng rather than fundamental.

perhaps capped by analyst TP.

This post has been edited by lowya: Apr 13 2017, 08:46 AM
SUSlowya
post Apr 13 2017, 08:58 AM

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QUOTE
MNC无线(MNC,0103,创业板科技组)将与M3科技(M3TECH,0017,创业板科技组)合作开发一个电子商务平台。


see how the market chase MNC today.

This post has been edited by lowya: Apr 13 2017, 09:00 AM

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