Thanks for the info bro.

I am queuing up to top up on Poh Huat and YSPSAH. Poh Huat is rising slowly whilst YSPSAH is being bashed down.

Also queuing up for Sunway and Luxchem. But looks like no chance. the prices are rising too fast! Sunway has gone up about 7.5% whilst Luxchem has gone up about 4.3%!

IMHO, if you are just buying it to goreng and have holding power beyond T+3, then OK.

But for long term holding, my answer is no. SUNWAY's Price to Sales, Trailing P/E, and Forward P/E multiples are all significantly above (more expensive than) their 5-year averages.

Valuation wise Luxchem is still cheap. I bought it today at RM1.96. The TP by Kenanga is RM2.30.

But Mr. Market can be weird sometimes. As long as you can hold it beyond T+3, you should be OK.

Note : Luxchem has broken the resistance of RM1.87. It should still be on an upward trend tomorrow if it supported by high volume. My 2 cents view only.

This post has been edited by Vanguard 2015: Jun 15 2017, 06:57 PM

Pohuat and Luxchem still inching forward.

I will take the dividend for YSPSAH first and decide what to do later.

Stock Watch

1. Yinson
2. PPHB
3. FGV (goreng only)

Thanks buddy but I have limited bullets. I may not go in.

I agree. FGV is a pure goreng stock because Isa resigned. Fundamentals koyak.

PPHB is a better bet today as per my earlier post.

PetronM free fall? Now down -5.714%.

Cantik. PetronM fell about 10% in 3 days.

My quick research bro. Valuation is not cheap. There is no margin of safety.

1. TOPGLOV's Price to Sales ratio and Trailing P/E are both significantly above (more expensive than) their 5-year averages.

2. TOPGLOV's 24.3 Trailing P/E is currently at the high end of its 5-year range (lowest 7.1 to highest 25.9).

3. TOPGLOV's Forward P/E of 19.6 represents a 19% Premium to its 5 year average of 16.5.

Superln is rising today. Up about 5.2%.

But the superstar is Selangor Dredging Bhd (SDRED) which is up about 15% today after the news that it is selling its headquarters Wisma Selangor Dredging, located in the city centre, for RM480mil in cash and that it will be paying a special dividend.

Tread carefully my friend. Most of the stocks are not trading at a discount anymore.

Sold Today : Luxchem and YSPSAH

Special dividend will be there. Amount not confirmed. From The Star Online yesterday:

According to this writer's back-of-the-envelope calculation, the special dividend will be about 19 sen per share based on SDB shares in issue as at March 31, 2016. SDB paid annual dividends ranging from 1.5 sen to 3 sen per share over the last few years.

Read more at http://www.thestar.com.my/business/busines...rfj9bKsgwD2Y.99

The question is what is their long term plan. They are selling their headquarters partly to settle their bank borrowings...

This post has been edited by Vanguard 2015: Jun 22 2017, 08:43 AM

Welcome bro. Looking for DY? Have a look at Silk Holdings. Company in bad shape but it just declared a super dividend from the sale of its highway.

P/S: This share has very weak fundamentals. Enter at your own risk.

This post has been edited by Vanguard 2015: Jun 22 2017, 09:01 AM

PetronM has fallen off the cliff...now down another 4%.

Good buying opportunity once the price stabilise.

The DY for Silk is about 30%. The interim dividend and special dividend totalled RM0.15. The current market price is RM0.50. Therefore if you buy RM10k, your dividend is RM3000? Better than Ponzi scheme?

But you have to study carefully first before going in.

This post has been edited by Vanguard 2015: Jun 22 2017, 11:34 AM

That's why I said earlier, the fundamentals are not sound and you enter at your own risk.

Better wait for PetronM and HengYuan for buying opportunities.

I entered PetronM yesterday. But my timing was too early. Today it is still dropping. Never mind. I will top up again if it falls another 10%.