From V9
https://forum.lowyat.net/topic/3773939

Past versions...

V1 Link

V2 Link

V3 Link

V4 Link

V5 Link

V6 Link

V7 Link

V8 Link



Everyone is Welcome to This Thread

woo hoo reporting in and adding notifications to this thread.

parkson undervalue? 59 cent now

making my presence known...

my cimb still up

small bear is knocking the bursar's door......

armada oh armada..QR net profit no more negative

reporting in to new thread

time to buy?

Padini 4.50pm jump to 3.51. gg.com

Reporting

time to buy?

Parkson new low. Anyone?

Got news saying RHB and AmBank will merge.

eh, it doesn't mean tat. i just saying what i noted. lol

newbie reporting in
still looking to see if worth going into malaysian market lol

if not catalyst to push market to get a good bounce off from FBMKLCI above 1760 and close above 1770, then we are probably heading lower... this week is crucial.

No problem bro. I am just giving you the average price as I topped up from time to time.

Pohuat - RM1.820
FLBHD - RM1.695
Johotin - RM1.419
KESM - RM10.608
OldTown - RM2.331

Some of the outlets is doing badly...
Also retail market is soft.. Weak purchasing power..

So how

MRCB-WA EXP on 2018, trading at premium 73%, why still got pp buy.....less than a year before expired and mother is cheaper....

Consumer sentiments will improve during festive seasons esp around raya and Christmas. So avoid parks till Q3

Ringgit strengthening -> Foreign investor decrease buying

valid?

Nawps. actually foreign investors are snapping shares like nobody business for the last 6 weeks.

Parkson HK share price is doing great!

Well somehow true..
But still, even festival season.. The crowd is still less compare years ago...

I'm guessing nowadays all done online

That one focus on Chinese market right??
Well they market is way bigger than ours.. Even just 1% already very good coz their population already 1bil...

Nice!! Reporting in, these few days market is going down, good time to collect again

RHB and AMBANK oh boy
if merge thn become 4th largest bank in Malaysia???

They might drop off the discussion after a few weeks

a lot of staff will lost job

Which indirectly would somehow become issues for upcoming GE

So there's could be chance no go like the previous mega merger plan.

I hear story tht one of management from RHB resign and join ambank not long ago.. If merger success. Jump = no jump.. Pity tht guy

note really pity, he got increment for jumping around 20%?

but merger also will change alot things

Saw in news that the merger is all share swap deal...

EPF is the winner... Still would hold around 30% after merger.. The ANZ & Abbar will hold around 10% only.. So I'm guessing EPF might buy some of the stake from both parties too

This post has been edited by nexona88: Jun 2 2017, 01:53 PM

cherroy can help pinned this topic..
V9 already closed

whenever bank merges, lots of redundant staff will get retrenched

So regret didn't enter lsteel at 31st may

My next target
1. Epmb
2. Wcehb
3. Mwe

Bro vanguard, any view on this 3 ?

This post has been edited by dontlosecapital: Jun 2 2017, 06:29 PM

I didn't do any research on these stocks. Not on my radar....

Okay.. Will try to check it out..

Well gomen hospital is kinda bad.. Even the medicine given is below par nowadays compare with previously.. Seems like the "power dosages" being reduced. The equipment is not maintain properly...

Actually I agree with voyage23. Maybe you (Avangelice) is in Kuching. You don't see KV govt hospital and clinic. Always full. Full of people. Min waiting time 2 hours.

This post has been edited by Ramjade: Jun 3 2017, 12:39 AM

Yes. gomen is still full..
But private one also getting more attention..
No more like the old days.. More people compared to previously.. Need to wait too.. But not for hours

Okay bro, thanks

Can any sifus here open up my mind?

Scicom have a market price of 2.32, but a Book Value or NTA of 0.29. However the book value was growing year by year. ROE of 5 years average is 33%. Debt to equity ratio is 0.00. From these facts, how do sifus explain the low NTA value in comparison to market price?

My conclusion is
1. Maybe Scicom is being goreng to too high market price
2. The nature of the business require little assets and doesn't require owner to take loan to grow the business. No debt, little assets, and book value become low but ROE still able to remain high.
3. They issued too many shares but do not practice share buyback. Outstanding shares increase, book value decreases.

Am I correct?

On one hand, conclusion number 1 make me want to stay away from it. But on the other hand, the consistent high ROE and high EPS growth rate (25.84% 5 years growth rate) make me want to invest in it.
Based on these facts, will sifus invest in Scicom for long term? If yes or no, why?

This post has been edited by Nemozai: Jun 4 2017, 01:06 AM

Generally, as a rule of thumb, you can say that for a company with a long-form ROE of 10%, the P/BV will roughly be around ~1.0X. However, from here on out, there is an exponential relationship between ROE and P/BV. So say a company with a long-form ROE of 20% may have a P/BV of 3.0X, and a company with a long-form ROE of 30% may have a P/BV of 6.0X etc.

For SCICOM over the past 2 years it has consistently got an ROE of ~42%. It's P/BV is 8.0X. I think it's an OK price. May even be undervalued. But I have no idea about future outlook since that's always priced in.

Personally, I never invest in these types of companies. Cause there is very little downside protection. The moment ROE tumbles P/BV will also fall hard.

I rather invest in "fallen giants" with depressed valuations or "growers" with undemanding valuations to protect myself on the downside. But really, you need to do your own research, cause SCICOM may fall under the "growers with undemanding valuations" category.

What do you guys think about Tenaga Nasional? It remains to be one of the stock with the LARGEST divergence in current market value vs Bloomberg consensus (Bloomberg is at 20% above CMV). https://docs.wixstatic.com/ugd/b9900a_64ee8...99b18b35947.pdf

All the major research houses - Maybank, AmSec, CIMB, Kenanga etc - have it as a top buy.

My question is...Tenaga is effectively the second largest company in Malaysia by market cap. How can there be such a large divergence? Shouldn't all the good and bad be priced in? Reading the analyst reports it seems like only the bad is priced, the good not yet. And YTD Tenaga is in negative territory vs most other major KLCI stocks which are up.

This post has been edited by contestchris: Jun 4 2017, 05:02 PM

as a long term holder of the counter i can say is that if you want a stable stock that pays out dividends, tenaga is the way to go. it's stable and also one of the too big to fail companies in Malaysia.

that being said I'm pulling out all my savings that I placed in October to buy me a wife. that's how much trust I had with tenaga to keep my money.

Well u cannot go wrong with Tenaga..
There's no others companies supply Electricity to our home. I mean for Semenanjung Malaysia
Sabah & Sarawak got their own company..

meh. don't buy sesco. don't think Sarawak will be booming that fast in the near future.

Sarawak not booming??
News says, a lot of PRC projects???

projects berlambak but the buying power is not there. my girlfriend works with Pansar and my dad works with multiple construction projects. both tell me the same thing, projects are alot but once complete its always hard to find buyers, renters, shopping goers, investors and etc.

Sarawak does not have the population to boost up a company's profitably

Actually Tenaga owns 80% of SESB (Sabah Electricity).

Buy yeah I get that Tenaga is one of those secular growth companies in Malaysia. Lean balance sheet, 50-70% retained earnings for future growth from net profit (one of the highest in the KLCI), foreign acquisition, aim to be Top 10 power utility by 2025 in terms of Market Cap (currently no. 18).

I bought when it was at 1.42X BV @ 13.68, I think that was neither too low nor too high.

If however it does hit RM17.00 within the next one year I will sell it and lock my profits in, and then buy again when it eventually dips.

This post has been edited by contestchris: Jun 4 2017, 07:18 PM

Hmm.. Okay..
Understand..

And add on inter state migration.. Moving to KV for better job prospect reduced the population...

+1
U really did your research..
Good..

And yeah, if the price is right, please do take profit..
That how most of us do... Don't fall in love with any of your investment... Must not have feeling towards it.. Must focus on your target

good strategy for investment...

It's interesting to point out that PE = PB / ROE = P / EPS

hence P = PB / ROE * EPS

to spark further discussions.

This post has been edited by lowya: Jun 5 2017, 08:46 AM

Wanna ask:
When you consider a company's equity, do you exclude non-controlling interests?


Attached thumbnail(s)

Sold my asiabio for breakeven at 0.215...
Danger stock..

Now eyeing for 10% stock...
Dont know what to choose..
Still analysis..

Yes, equity attributable to shareholders is less non controlling interests, unless non controlling interests is in negative territory. See AirAsia for the latter, Tenaga for the former.

yawn.. Monday blue everyone?

sked to buy anything this mid year. so I dumped whatever I made from last month's clinic profit into unit trust.

my portfolio now,
Vitrox - qued to sell
Airasia - qued to sell
Tenaga - dont know whether to hold or not.
Vizione - (dont know why i buy this stupid stock)
DRB-Hicom - Qued to sell
Eco-world
Maybank

which UT u purchased? I am going to meet an agent to buy Lion group.

He have a UT porfolio with FSM MY.

wait! stop! don't go through agents if you want to invest in UT. there's always diy like stock brokers here.

https://forum.lowyat.net/topic/4193169

seems like you are getting weary of stocks and its volality. maybe try to have portfolio in unit trust investment.

Hi, pls guide me... all sifu..
Need help...

Nhfatt, dividend,
Ex date 14 jun
Entitlement date 16 jun
Paid date 07 july.
Dividend is 0.08 final single tier
And 0.03, special final single tier dividend
Total is 0.11....
That one government will tax 25% or not ?

I bought 1600 share,
Means, if i didnt sell at 14 jun, then i got dividend 1600 x 0.11 = rm 176... right ?

0.11 will deduct at share price 16 of jun? Or at 7th of july ?

Please help... arigato...

What if Elon Musk's solar roof tiles decided to invade Malaysia?

Thanks a lot.

I still got a lots to learn from sifus here

Bro, you just have to hold until ex date 14th June. After that you can sell if you wish. Your calculation of the dividend is correct. The govt will tax at source. So your divided is after tax.

Why sell NHFatt? It is a good stock for long term investment.

Thanks bro.

0.11 will deduct at share price 16 of jun?  Or at 7th of july ? 

I didn't plan to sell..
If take dividend. My profit is 2.5%... haha..

No deduction of 0.11 from the share price bro. This is not unit trust. The price will still fluctuate after ex-date depending on demand and supply.

thx bro, i was thinking using FSM, low sales charge. But i dont have experience.
So far I came across the Quarter report from Great eastern, their Lion Balanced fund ground is doing so well.

Share price should drop on ex-date.
In theory it should drop by 0.11. In practice, the amount could vary.

Ic, what been i told from remiser last time..
She said is giving out dividend, so normally will minus -0.11...
Today make it clear...
Thanks bro..

Take note... theory and pratical, sometime different..
Might vary.. lets see..
Thanks bro...

Got bullet now..
So tempered to buy..
Mwe ... price drop 10% since latest quarter report out..

Pe now only 2.75..
Dividend if buy at 1.56, is 1.2746% for me..

How u all think of this share ar.. ?

Hmm not so soon people will adapt to solar energy..
Take time..

My guess another 10years

finally, tenaga got power already

too scary ...today my two main stock shooting up

omg tenaga on roids

Solar energy has already put pressure on utilities in the US.
But here, government probably will protect TNB...

Bro, i still got a bit blur blur..
Sorry for asking again..

I make an example..
If let said tmr
I buy tienwah at 2.13, dividend exp is 7th june, dividend field i get is 0.08 / 2.13, which is about 3.75%..

If i hold until 7th, and sell at 8th ? Will i still get my dividend?
Because i see entitlement date for tienwah 09 jun...

What is the usage of entitlement date ?

Please help.... thanks...

Quoted from Cherroy from https://forum.lowyat.net/topic/4082264/all You can read more there.



So the answer is yes, you will still get the dividend for Tien Wah if you hold until 7th and sell on 8th June.


This post has been edited by Vanguard 2015: Jun 6 2017, 05:42 PM

https://forum.lowyat.net/topic/1039913
with picture illustration of ex date

wow seems like the previous discussions about Tenaga have impact

so what next stock to talk.. so that one also

bro, thanks,
i take noted on my excel..

thanks for the link

Sure gomen will protect Tenaga..
They got big stake & others local fund too..

Bro vanguard,
Thanks for your recommendation on nhfatt..
Finally gross profit 10%, @4.64,
And dividend 2.61%
I bought at 4.21... 17 may,
Now 7th of June, gross profit 12.61%

Do you have top price for nhfatt,
The source I have only from
Bct asia advisory, is rm 5.0

Pwf, so heng...
After quarterly result out..
Until now.. gross profit 30%....

Nvr got chance to buy, no bullet that time..

Sold Tenaga call warrant and switch to GESHEN 7197

I am curious why isnt everyone buying Tenaga? It's a monopoly and it's only trading at 10 times earnings?
Am i missing anything here?

1.tenaga does not own all the power generators in Malaysia.

2. it depends on coal price and our currency.

3. it's one heck of a stable stock. too table that you are better left putting your money in other stocks.

4. too expensive compared to penny stocks.

But I would assume they can pass on the price increase to their consumers? For me, I see Tenaga doing well 10-20 years from now. No?

question is would the amount your money you make from tenaga within 10 years be more than if you invested in another counter?

Understood. But I see earnings increasing for Tenaga. It looks cheap and their return on equity has been increasing consistently over the past 5 years.

I been holding tenaga for a few months. purchased at 13.65. it never goes down nor will it go up...... well till yesterday.

good bro,
so cheap the pe,
less than 10 @+@"

since quarterly report released
next day, open 2.2
now current 2.15 (discount price)
so far until now, went lowest 2.09 ~~
highest 2.35....

can share what is the reason u buy de?
wanna to learn ~~

price at 14.2
pe only 11++
still cheap...

maybe price too costly..
suit for big crocodile to buy

You are welcome bro. I am happy you are making money. Please keep NHFatt for now. It is not meant for short term trading but long term investment.

I don't have a target price for NHFatt. IMHO, there are a few rules of thumb for long term investment:-

1. Don't watch the stock price after you bought the stock. Watch what the company is doing.
2. What is the future earnings or growth prospect of the company?
3. As long as the fundamentals of the company are OK, you should keep the stock.

I will take some stocks in my portfolio as an eg:-

Stocks / Unrealised Profit

1. AirAsia 15.782%
2. Cocolnd 20.113%
3. GKent 18.338%
4. Johotin 18.393%
5. KESM 41.591%
6. MPI 26.398%
7. OldTown 17.546%
8. Superln 29.953%

Should I sell the above stocks since I have made some profits? The answer is no since I am doing it for long term investment. I will keep the stocks as long as the fundamentals are intact and I bought it with a margin of safety (i.e. when they were undervalued). If we keep on trading or overhauling our portfolio frequently, the only person who will be rich will be our remisiers.

We need time to let the money tree grow instead of pulling out the roots when the tree is growing.

P/S: Sorry for this long winded post. I had a few glasses of wine pre-dinner.