Overall, it's a good stock to me.
About 78% export sales. Big bulk is in USD and SGD.
Cashflow, debtors looks really good. Zero borrowings.
Gross n net profit margin improving coz of forex n production efficiency.
4th qtr results should be interesting to look at.
Apart from your normal ratios which are mostly good, some of the valuation computations versus margin of safety doesn't make this stock interesting to me.
But if u're looking at earnings growth n the other strong fundamentals as mentioned above, boleh masuk lori hahaha

Ps: this stock sudah naik above 100% since 2014 which I believe was mainly due to forex. What are the odds to naik lagi 50%

-delete-

This post has been edited by TC-Titan: Dec 3 2015, 02:44 PM

Few other things I noticed:

1. Collective insiders + private organisations = 83% stake in the Company. So this is a tightly controlled company.

2. This statement "The Group continues to seek opportunities for machine and product innovations,
enhance its internal process efficiencies and productivity in the face of the rising operating costs
environment, and implement strategies to achieve higher sales, especially in export market."

This indicates to me that we should expect more capex in the next few quarters. But the interesting part is there is zero capital commitment as at 30 Sept.

3. There is no disclosure or mention anywhere on the Comp's production volume capacity and sales volume. Banyak secretive. So the company's performance based on sales volume alone is subjective.

4. Need to look at the Comp's peers/competitors and consider who is cheap and has the most potential for further growth.

Yeah quite a fair bit of buy calls based on the fundamentals, technicals and coz of two famous fundamental investors who are inside the top 10 shareholders list.

What's your CAGR based on? Revenue, PBT net profit or EBIT?
I calculated for 5 years 2011 to 2015 (TTM) only obtained CAGR for revenue about 4%. Net profit 1%.

Note: that's without considering into detail one-off items being incurred or earned. Too lazy to look into detail haha

Average of EBIT to revenue would be 6%.

Hmmmm noticed a few things about HHGroup:

1. Some monkeys must have spilled the beans on the Comp's results close to 25 Nov before announcement on 30 Nov.
2. Business seem to be slowing down due to China. I wonder how they will be affected based on the rumours/forecast of China's GDP expecting to grow at only 3 to 4% in the next few years.
Sales volume is down but they are being helped by forex gain on USD and RMB.
3. Massive expansion plans in Kelantan about RM31m capex. Expect to be fully operational probably by 4th quarter FY16 if everything goes well.

Mgmt must be very confident with their business to commit such capex even when overall economy doesn't seem to be doing well.

Should be interesting to see how they perform for 4th qtr results and after the new factory is up.

This post has been edited by TC-Titan: Dec 4 2015, 12:05 AM

Lo and behold, KYY also has shares inside HHGroup! and just like that share price kabooom 9 cents up with a 15.9% return in one day.

Really cute la.

Wah ganas la u! haha you're looking for short term hike from 4th qtr results or long-term play?

I like your Mitra though

Pink spider Look what I ter-found....

Kenanga - CENTURY

If assuming worse scenario Century makes around 25m prov for the legal case and ends up paying for it. I think the entire amount will be non-deductible coz the expenses incurred is not related to producing gross income. So that would mean the wonderful EPS, PE, cashflow, reputation etc all will hancur. But this thing will pass in time la but the damage done could be detrimental.

What do you think?

If we ignore the legal case aside, the stock's fundamentals and prospects look lovely.

Haha bugger! Busy with work la. Now baru have time to do research n update the fundamental analysis for the stocks in my watch list.

wahhhh i just read on Wintoni. Drama betul!
Based on the 2nd quarter report, the Company is like almost naked @_@
Kena goreng until achieve 5 bagger in 1 and half month.
I wonder how much Unker Yap really made when he disposed a huge chunk of his shares recently.
Imagine what RM7 mill can do if let's say he bought 99m shares around 7c.
Looks like more drama to come!
Wasn't expecting Unker Yap and Unker Chang to be this "ethical".

I think he didn't disclose all his shares, only those that performed well for him or those that he wants further pushing from the retailers. So he can reduce down bit by bit.

Name sake only say his strategies.... but whose advise n tipsy he listened to that made the difference for his trading/investment luck, he din bother to say. Tsk tsk

From that article or even all of his articles and speeches, which sentence did he publicly accredited OTB or any of his remisiers and advisors for his fortune now? Not that it matters but I want u to be sure u know what u're saying. Maybe my English comprehension n memory is failing me, but I recall he never mentioned any such thing. OTB on the other hand does go around to advertise his trainings n say how he made KYY rich based on his teachings.

Dun mind sharing who u respect or look up to that has substance and integrity?

Lol!!

It's a dog eat dog world when it comes to the stock market. So I can understand u're no longer keen on interested in respecting anyone other than focusing to build and multiply your own wealth.

I will tell u some of the people who I look up to then: peter lynch, warren buffet, Charlie munger, Carl Icahn, Walter schloss, kcchong and fong siling. I'm sure there is no need to explain why I look up to them but they serve more of a reminder or source of inspiration of what I still can accomplish in my life time in the stock market.

Today O&G counters shud be interesting.I think will have more sales coming soon.

Good job yo. Seems like quite a few interesting articles/blogs on Pohuat in I3.
A lot of expectations from a lot of people for them to do very well for 4th qtr results.
Any idea what happened to their property development project? Put on hold for now or will be commencing soon?

Not as per my expectation. I wanted most of the prices to be in deep red hahaha

Bro, I was doing a fair bit of thinking and simulations on Pohuat.

We already know for a fact that the fire incident cost about RM11m in Aug'15.
We don't know whether the Comp has successfully managed to get the claim before Oct'15 ends.
Based on the above we can safely assume there will be around a RM11m write-off of Fixed assets and inventory.
We also know that the Comp is incurring more cost to do 2 x 10 hour shifts instead of the normal 12 hour shifts = higher staff/labour cost in order to meet current order of goods.
Even if forex gain and sales volume does go up significantly QoQ and YoY, the above cost has made a huge dent to the margins and most of the fundamental aspects, however this is just a temporary matter.
Once they get their insurance claims back and refurbish/replace all the fixed assets they have lost and perhaps expand further then things will start rolling again big time.

So long story short, must be cautious a bit on what to expect for 4th qtr results...
There could be more pleasant or unexpected surprises which may happen since this is the final qtr results.
Reassess your exit plan strategies (time frame and price).

Just my 2 cents.

PS: go check out SHH.

This post has been edited by TC-Titan: Dec 9 2015, 07:46 AM

This Arank banyak cute. One moment up one moment down then now up again. Let's see how much further the price can go up. overall, fundamentals still seem good to me.

This post has been edited by TC-Titan: Dec 9 2015, 09:31 AM