Thanks.

I used RM509 million as the 2012's FCF. No of shares = 1979 million.

Hope that you get a value close to mine, then mine should be about right. Ha.

Cheerio.

Noted and thanks.

Close enough for me.

Surprised that the curent price ia about 4 times higher than the intrinsic value for PG!

Cheerio.

Need help again.

Can't remember where I saw the daily KLCI P/E ratios & DY. I have checked a few of my favourite shares related web sites and can't find them there.

Like to know where I can get the historical KLCI P/E & DY values.

Many thanks.

This post has been edited by plumberly: May 12 2013, 08:48 PM

Help please.

Using Yahoo to get the daily historical prices of some KLSE companies. But the prices are about a week or 2 behind.

a. How can I get the up to date prices from Yahoo? Pay for it?
b. Any other web sites I can get up to date daily prices? Have tried Bloomberg but find it very difficult to find the things I am looking for.

Many thanks.

Many thanks!

Downloaded the program. Realised that what I need are the raw numeric data (not graphs) which I need for my Coppock analysis.

I will try and see if I can extract the data from CN into Excel.

Thanks.

To do Coppock analysis (method to signal when to buy).

Ya, sifus will be telling me to forget about timing the market. Ha.

Looking at FIMA's latest report. Saw that the profit after tax is half of the corresponding previous quarter though revenue this quarter was higher. Found out that this was beacuse of higher tax they paid (more than the normal company's tax rate) due to deferred tax and disallowed tax deductions.

a. What is provision of deferred tax and how does that result in more tax being paid?
b. Is disallowed tax deduction a common thing practised in M'sian companies to maximise profit and thus nicer report card? I will watch out for companies with too many of this type of disallowed tax deduction corrections.
c. Is there a tax penalty if a company makes too many/repeated disallowed tax deductions?

Thanks.

Thanks siew14.

Went to WSJ to have a look. Don't know where to go to download the daily data. Too much infor there. Please give me the page link. Thanks.

Yes, I am after the daily closing price.

Had a look in the web on deferred tax liability the other night. The one in Wilkipedia is written by a PhD guy for PhD readers. Can't make any sense out of it. Saw another web site in simple English. Still rather confusing for me, about timing difference, even out the tax paid, etc.

Thanks again for your help.


P/S

Had another go and found how to get the data. Thanks.

http://quotes.wsj.com/XX/ADOW/index-historical-prices

This post has been edited by plumberly: May 28 2013, 09:32 AM

Need advice/input from you all.

I want to have a filter to eliminate or reduce the number of "risky" companies. Yes, risk means different things to different people. My attempt is as below.

Risky elements:
* govt link
* less than 5 years of proven profitable business operation
* volatile monopoly/economic moat

Looking for 2 more elements (to help me from my tunnel vision).

Many thanks.

Thanks.

I forgot to add that what I have described is the first filter, looking at the wider picture.

Details like earnings, cashflow etc will be considered later.

Cheerio.

P/S One more element comes to mind. Volatility (beta) relative to KLCI. Others?

Yes, good point! I completely forgot about that.

Noted and many thanks!

Need your help with the following:

6 - do I take it that since one cannot dictate the price, then it is considered a risk? Example?
7 - meaning the company can offer shares at lower price to certain people/companies? Isn't there Bursa rule on the amount and duration like ESOS? Like to learn more on this potential risk. 2 examples of such companies?

My concern on govt link /monopoly as risk is like what YTL Power is going through now. Some politicians can pull the plug when they need to for their own benefits. Yes, some companies with govt link/monopoly can do well but I prefer to take that risk out with some opportunity cost to my potential earning.

Cheerio.

Thanks once again.

Very good and valid point on #7. I need to cover this in my selection.

Had a look in SP Guide, stated as shares split, bonus and warrant.

How do I know when it is a private placement? Do they name that differently?

I assume private placement could be to friends/partners/family at a lower price, right?

Will learn more about this on the web.

Cheerio.

Noted and thanks.

Another one that I missed.

Cheerio.

Dayang is one of the companies I am analysing with my first cut risk filter I mentioned earlier.

Saw an article this morning on Dayang.

"Naim may divest part of Dayang stake to unlock value"
http://biz.thestar.com.my/news/story.asp?f...82&sec=business

I take it that the major shareholder now wants to cash out on its paper profit. Nice words to put it as " unlock value"!

Your view on this major change on Dayang's future? Better cash out now while the price is high? Too much politics in this.

Cheerio.

Noted and thanks.

On your question, saw this last night ..

"What he wondered was whether it was possible to weed out the poor performers and identify the winners in advance. He therefore sought to develop a simple accounting-based stock selection strategy for evaluating a stock’s financial strength. Piotroski's F-Score involves nine variables from a company’s financial statements. One point is awarded for each test that a stock passes. Piotroski regards any stocks that scored eight or nine points as being the strongest. "

http://www.stockopedia.co.uk/content/the-p...e-stocks-55711/

Cheerio

I have some shares in the UK and the dividend is taxed. As a M'sian living in M'sia, can I claim for the tax? If so, how?

Thanks.

Another question came to mind last night after reading that JobStreet will be having a 1 for 2 share split.

Why share split? To reduce the share price so that it is easier/cheaper for people to buy, I guess.

Digi did that a few years ago and I don't think Digi is doing as well now as before the split. I may be wrong here as I am not following Digi now though I was thinking of getting some Digi earlier.

My concern on split like this is, the share price increases will be more driven by market sentiment (partly due to its lower price) and not by its fundamental (e.g., EPS growth etc).

Was thinking of getting into JS but now the split is holding me back. Is the company management more interested in the price increases than the company real performance and fundmental?

Appreciate your views on splits in the past. How they turned out, the good and the bad. Thanks.

Noted and thanks for the tip, Wise Man!

Cheerio.

Yes, growth there is rather uncertain.

JS recently broke the RM 1 billion market mark. Even the CEO Mark said they need to re-engineer JS to stay ahead of the group.

Cheerio.