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ILoveDividend Member Star
Total Cumulative Posts 497
Joined Dec 2011
Country MALAYSIA
Gender Male

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Blog TitleTotal PostsLast Published
My Stock Investment Journey112 Jan 2017


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Corporate

STOCK: PADINI (7052)

Blog 20 Feb 2017, 5:31:27 PM

very crazy report..... yeah

Corporate

STOCK: SAM (9822)

Blog 11 Jan 2017, 10:35:56 PM

Guys, any news on this counter? Wondering why it up so much lately.

Forum

FORUM: Advanced Technical Chart of MalaysiaStock.Biz

Blog 24 Dec 2016, 5:08:03 PM

Excellent, great job. Keep it up. Thanks for the wonderful chart.

 

Corporate

STOCK: HOMERIZ (5160)

Blog 20 Dec 2016, 10:42:12 PM

[QUOTE=c2kc2k @ 20 Dec 2016, 03:46 PM]5221[/QUOTE]
 

Yes, it is cash rich company. But i think it is trading at fair value now. Moreover, furniture is facing down cycle now, you can see this from Liihen, Latitude & Jaycorp.

Corporate

STOCK: CHINWEL (5007)

Blog 19 Jun 2015, 10:50:55 AM
[b]晉緯盼歐延長中反傾銷稅[/b]

2015-04-11 15:50

(吉隆坡11日訊)晉緯控股(CHINWEL,5007,主板工業產品組)可能是少數開心擁抱消費稅(GST)的公司。

[b]消費稅後[/b]
[b]螺紋杆訂單飆6倍[/b]

該公司執行董事蔡芑芸在接受《The Edge》專訪時表示,這是真的,螺紋杆訂單自消費稅起跑後已飆升6倍,從100公噸上揚至600公噸。
基於進項稅機制到位,工業用戶現遠離走私的螺紋杆貨源,以免無法取得稅務回退。
儘管消費稅是一大利多,但對晉緯控股最大的幸事是歐洲可能延長對中國鋼鐵產品(包括金屬插銷、螺帽和螺絲)的反傾銷稅5年。
該反傾銷稅已在去年2月屆滿,現正在評估中,並可能延長額外5年。晉緯控股是歐盟豁免反傾銷稅的大馬8家特定鋼鐵扣件的其中一家。
若相關反傾銷稅取消,晉緯控股將受到衝擊,主要是歐洲客戶可能要求降價至與中國廉價進口產品相同水平。
蔡芑芸指出,公司和中國產品價差從2009年的20%收窄至現有的12%,因中國製造商生產成本持續攀升。
她似乎相信反傾銷稅將可延長5年,但最終結果將在本月杪揭曉。
“我們真的希望反傾銷制裁能延長5年,到時我不認為與他們競爭有任何問題。”
不受歐經濟低迷影響
此外,儘管歐洲經濟環境低迷,但晉緯控股並未感受到任何影響。蔡芑芸說:“無論經濟好壞,市場對包括扣件在內的鋼鐵產品仍有基本需求。”
截至2014年6月30日止財政年,歐洲佔晉緯控股營業額的58%,而大馬以24%居次。(星洲日報/財經‧The Edge專版)

點看全文: http://biz.sinchew.com.my/node/113471?tid=6#ixzz3dTMpcId4
Corporate

STOCK: LTKM (7085)

Blog 08 Apr 2015, 11:14:32 AM
{:yeah}{:yeah}{:yeah}{:yeah}

[b]LTKM BERHAD[/b]

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description LTKM BERHAD ("LTKM")

(I) PROPOSED BONUS ISSUE
(II) PROPOSED SHARE SPLIT
(III) PROPOSED ESOS
(IV) PROPOSED M&A AMENDMENT

On behalf of the Board of Directors of LTKM, Hong Leong Investment Bank Berhad wishes to announce that LTKM proposes to undertake the following corporate proposals:

(i) bonus issue of 21,684,001 new ordinary shares of RM1.00 each in LTKM ("LTKM Shares") ("Bonus Shares") to be credited as fully paid-up, on the basis of 1 Bonus Share for every 2 existing LTKM Shares held, on and entitlement date to be determined later ("Proposed Bonus Issue");

(ii) share split involving the subdivision of every 1 existing LTKM Share held into 2 new ordinary shares of RM0.50 each in LTKM, on an entitlement date to be determined later ("Proposed Share Split");

(iii) establishment of an employee’s share option scheme ("ESOS") of up to 10% of the issued and paid-up ordinary share capital of LTKM (excluding treasury shares, if any) at any point in time during the duration of the ESOS for eligible employees and Directors (including non-executive Directors) of LTKM and its subsidiaries (excluding subsidiaries which are dormant) ("Proposed ESOS"); and

(iv) amendments to the Memorandum and Articles of Association of LTKM to facilitate the Proposed Share Split ("Proposed M&A Amendment").

The Proposed Bonus Issue, Proposed Share Split, Proposed ESOS and Proposed M&A Amendment are collectively referred to as the "Proposals".

Please refer to the attachment for further details on the Proposals.
This announcement is dated 7 April 2015.
Corporate

STOCK: SUPERLN (7235)

Blog 20 Mar 2015, 10:36:20 AM
Black horse of 2015. Business is improving. {:thumbup}
Corporate

STOCK: HEXZA (3298)

Blog 20 Mar 2015, 10:28:59 AM
[QUOTE=tigerinn @ 06 Jul 2014, 03:42 PM]3584[/QUOTE]

Expected better dividend for FY15, i am expecting 6 cents which translate to 7.7% @ RM0.78.
Cash on hand stands at 63 cents, share price only RM0.78, very undervalue. {:thumbup}
Corporate

STOCK: LTKM (7085)

Blog 13 Feb 2015, 5:13:14 PM
[url]http://www.theedgemarkets.com/my/article/insider-asia%E2%80%99s-stock-day-ltkm-0[/url]

LTKM (Fundamental: 2.7/3, Valuation: 2.4/3) has one of the strongest balance sheets amongst poultry-related companies in Malaysia. Net cash stood at RM8.3 million, or 19.2 sen per share at end-Sept 2014, in an industry where most players are highly geared.

LTKM was started by the Tan family way back in 1976, as a small 10-acre farm in Kampung Jawa, Klang. The company has since expanded into a 400-acre highly automated, bio-secure farm in Malacca and is the single largest layer farm in Malaysia. LTKM remains tightly held by its founders (61% stake).

Current capacity totals 1.4 million eggs per day, including its famous Omega-3 eggs marketed under the LTK Omega Plus brand. Over 40% of eggs produced are exported to Singapore and Hong Kong with the balance sold to local wholesalers.

The stock is trading at a trailing 12-month PE ratio of 6.8 times and P/BV of 1.25 times.

Thanks to its strong balance sheet, the company has been able to maintain relatively consistent dividends, even when earnings dipped sharply in FY Mar 2012. Dividends ranged between 10 sen and 13 sen per share in FY2010-FY2013. For FY2014, dividends were raised to 18 sen, translating into net yield of 3.5%, in line with improved earnings. Return on equity rose to 19.4% in the latest financial year.

Earnings, however, can be volatile — due to the volatility of major raw materials, corn and soybean. For 1H2015, sales increased 8.4% y-o-y to RM93.4 million while pre-tax profit rose 38.7% to RM21.0 million. The outsized increases in profit and margin were due to higher selling prices for eggs and lower raw materials costs. While commodity prices remain relatively low, the weaker ringgit may raise costs in the near to medium term.
Corporate

STOCK: PANAMY (3719)

Blog 05 Feb 2015, 3:52:30 PM
[QUOTE=Erik @ 05 Feb 2015, 03:16 PM]4041[/QUOTE]

Hi Erik, i've been accumulating it since RM18 {:rolleyes}
Agreed with you the final and special dividend to be normalized like previous years.
This is the reason why i invest heavily in this stock. Not only that, its report is improving. A good dividend will send it to sky. Lets wait for the day to happen. {:thumbup}
Corporate

STOCK: APOLLO (6432)

Blog 23 Dec 2014, 1:52:18 PM
[QUOTE=marcelino84 @ 13 May 2013, 12:06 PM]2578[/QUOTE]

Very disappointing result... Hard time for consumer stock.
Corporate

STOCK: HIL (8443)

Blog 25 Nov 2014, 9:41:17 AM
[b]HIL Industries FY14 results to be a ‘pleasant surprise’[/b]

KUALA LUMPUR: HIL Industries Bhd ( Financial Dashboard) expects its results for financial year 2014 ending December (FY14) to be a “pleasant surprise” as contribution from its property development segment kicks in from the third quarter (3Q).

Already, the group’s net profit of RM6.73 million for the first half (1H) of this year has more than doubled compared with net profit for the full FY13 of RM2.78 million.

HIL chief executive officer Milton Norman Ng Kwee Leong attributed the improved 1H net profit to the downsizing of its loss-making China operations. Its workforce was cut from 1,500 to 300.

“We will release our 3Q results this week, which will include the earnings from our property development venture. I can’t comment on the figures, but what I can say is it will be a pleasant surprise,” Kwee Leong told The Edge Financial Daily in an interview.

The group returned to the black with a net profit of RM2.78 million in FY13 from a net loss of RM3.11 million in FY12, thanks to increased sales from its automotive segment and the turnaround of its China operations as a result of a cost management exercise. Revenue for FY13 was higher at RM81.65 million from RM79.73 million in FY12.

Plastic injection moulding manufacturer HIL has had an encouraging start to its foray into property development, witnessing good take-up rates at its two maiden projects in Shah Alam, Selangor this year.

Totalling RM110 million in gross development value (GDV), Taman Kemuning Hijauan 2 features 116 units of terraced houses, while Kemuning Greenhills consists of 56 units of semi-detached homes.

“For Taman Kemuning, we have sold 107 out of our 116 units and for Kemuning Greenhills we have sold 49 out of the 56 units,” said Kwee Leong.

Plans are afoot to develop a 5-acre (2ha) piece of land in Shah Alam with a GDV of RM80 million next year.

“Another 35 acres located in Ayer Keroh, Malacca will be developed once the alignment for the high-speed rail link between Kuala Lumpur and Singapore, which will pass through Ayer Keroh, is confirmed,” said Kwee Leong.

He said HIL is currently in negotiations to purchase land in Klang, Selangor, but declined to elaborate.

Property development is not entirely uncharted waters for Kwee Leong who, together with his father Datuk Ng Boon Thong @ Ng Thian Hock, sits on the board of property developer A&M Realty Bhd, which is controlled by the Ng family.

Boon Thong is chairman of both HIL and A&M, while Kwee Leong is an executive director in A&M and his brother Datuk Ambrose Leonard Ng Kwee Heng is the managing director of A&M.

However, Kwee Leong said there is no conflict of interest between the two companies, as A&M’s focus is more on higher-end property projects while HIL focuses on the medium-cost range.

Prior to its property development venture, HIL’s main revenue contributor was the plastics injection moulding business that serves three segments — auto, information technology, and electrical and electronics.

The group has two manufacturing plants in Shah Alam, one in Penang and a plant in Suzhou, China.

HIL is 65.9% owned by its two largest shareholders, Dalta Industries Sdn Bhd and Boon Thong. Its net cash position as at June 30, 2014 stood at RM101.7 million.

HIL was profiled in The Edge Research’s Stocks with Momentum column in The Edge Financial Daily on Nov 5. The item stated that the group’s appeal seems to lie in being a privatisation play, given its low free float and large cash holding. The stock was also listed one of the stocks in Tong’s Momentum Portfolio.

Kwee Leong said it is in the best interests of the group to remain listed for now. “Being a listed entity, it gives credence to our reputation and confidence to our customers.”

HIL’s share price has been trending upwards from 40.1 sen a year ago to close at 77 sen on Friday, giving it a market capitalisation of RM213 million.

[url]http://www.theedgemarkets.com/my/article/hil-industries-fy14-results-be-%E2%80%98pleasant-surprise%E2%80%99[/url]
Corporate

STOCK: SKPRES (7155)

Blog 30 Sep 2014, 9:50:50 AM
[QUOTE=Brian9818 @ 29 Sep 2014, 12:08 PM]3850[/QUOTE]

[b]SKP Resources to buy Tecnic to create major plastic parts maker?[/b]

PETALING JAYA: Low-profile Datuk Gan Kim Huat is consolidating his businesses in two listed companies, SKP Resources Bhd and Tecnic Group Bhd, in a move that will pave the way for the establishment of a major plastic parts manufacturer.

Yesterday, the share prices of SKP and Tecnic climbed to all-time highs of 71 sen and RM5.08, respectively, before both stocks were suspended, “pending a material announcement”.

It is learnt that the merger and acquisition exercise could involve cash and the issuance of new SKP shares.

Gan and his family own about 67% in SKP and 69% in Tecnic, formerly known as STS Tecnic Bhd.

“It’s a move that the Gan family has been looking at for some time to create an entity with economies of scale. A merger can be synergistic for the two companies, which can lead to accretive earnings going forward,” said a source.

SKP, which has been on expansion mode over the past few years, is in the business of manufacturing plastic parts and components, contract manufacturing, precision mould making, the sub-assembly of electronic and electrical equipment and other secondary processes.

For the financial year ended March 31, 2013 (FY13), British electrical appliance brand Dyson contributed 55% to SKP’s total sales.

According to SKP’s website, its other clients include Hewlett-Packard, Sharp, Flextronics and Pioneer.

Tecnic, meanwhile, is involved in plastic moulding design and fabrication, plastic injection and blow moulding for the automotive, electrical and electronic sectors as well as industrial consumable products. It counts Valeo, Sharp, Panasonic, Denso, Suzuki, Proton and Perodua as its clients.

SKP and Tecnic had cash and cash equivalents of RM19.4mil and RM25.7mil, respectively, as at June 30. However, SKP has seen a higher trading volume in recent months, while Tecnic is a relatively tightly held stock.

In an earlier note, RHB Research said SKP could achieve a two-year earnings compounded annual growth rate of 57.9% on the back of a 75% expansion in capacity to cater to increasing orders from Dyson.

SKP has a new plant in Senai, Johor, which is slated for completion next month and achieve full-scale operations by FY17, Kenanga Research said in a separate report.

The research house noted that SKP’s stronger order-book, underpinned by orders from Dyson to manufacture two new product lines for vacuum cleaners and fans, will provide earnings visibility for the next few years.

“The new products are next-generation appliances that will be able to fetch higher margins and contribute to the group’s earnings. We understand that a major part of the group’s new plant will cater to the production of the two new products,” it added.

SKP jumped 10.5 sen to 71 sen, with 38.37 million shares being traded.

Tecnic rose 31 sen, or 6.5%, to RM5.08, with 219,500 shares changing hands.

[url]http://www.thestar.com.my/Business/Business-News/2014/09/30/Takeover-to-create-a-major-producer-of-plastic-moulds-and-parts/[/url]
Corporate

STOCK: TECNIC (9741)

Blog 30 Sep 2014, 9:49:23 AM
[b]SKP Resources to buy Tecnic to create major plastic parts maker?[/b]

PETALING JAYA: Low-profile Datuk Gan Kim Huat is consolidating his businesses in two listed companies, SKP Resources Bhd and Tecnic Group Bhd, in a move that will pave the way for the establishment of a major plastic parts manufacturer.

Yesterday, the share prices of SKP and Tecnic climbed to all-time highs of 71 sen and RM5.08, respectively, before both stocks were suspended, “pending a material announcement”.

It is learnt that the merger and acquisition exercise could involve cash and the issuance of new SKP shares.

Gan and his family own about 67% in SKP and 69% in Tecnic, formerly known as STS Tecnic Bhd.

“It’s a move that the Gan family has been looking at for some time to create an entity with economies of scale. A merger can be synergistic for the two companies, which can lead to accretive earnings going forward,” said a source.

SKP, which has been on expansion mode over the past few years, is in the business of manufacturing plastic parts and components, contract manufacturing, precision mould making, the sub-assembly of electronic and electrical equipment and other secondary processes.

For the financial year ended March 31, 2013 (FY13), British electrical appliance brand Dyson contributed 55% to SKP’s total sales.

According to SKP’s website, its other clients include Hewlett-Packard, Sharp, Flextronics and Pioneer.

Tecnic, meanwhile, is involved in plastic moulding design and fabrication, plastic injection and blow moulding for the automotive, electrical and electronic sectors as well as industrial consumable products. It counts Valeo, Sharp, Panasonic, Denso, Suzuki, Proton and Perodua as its clients.

SKP and Tecnic had cash and cash equivalents of RM19.4mil and RM25.7mil, respectively, as at June 30. However, SKP has seen a higher trading volume in recent months, while Tecnic is a relatively tightly held stock.

In an earlier note, RHB Research said SKP could achieve a two-year earnings compounded annual growth rate of 57.9% on the back of a 75% expansion in capacity to cater to increasing orders from Dyson.

SKP has a new plant in Senai, Johor, which is slated for completion next month and achieve full-scale operations by FY17, Kenanga Research said in a separate report.

The research house noted that SKP’s stronger order-book, underpinned by orders from Dyson to manufacture two new product lines for vacuum cleaners and fans, will provide earnings visibility for the next few years.

“The new products are next-generation appliances that will be able to fetch higher margins and contribute to the group’s earnings. We understand that a major part of the group’s new plant will cater to the production of the two new products,” it added.

SKP jumped 10.5 sen to 71 sen, with 38.37 million shares being traded.

Tecnic rose 31 sen, or 6.5%, to RM5.08, with 219,500 shares changing hands.

[url]http://www.thestar.com.my/Business/Business-News/2014/09/30/Takeover-to-create-a-major-producer-of-plastic-moulds-and-parts/[/url]
Corporate

STOCK: TECNIC (9741)

Blog 29 Sep 2014, 4:54:09 PM
Broke RM5 today. {:yeah}
Corporate

STOCK: TECNIC (9741)

Blog 26 Sep 2014, 3:54:25 PM
Below are the things that we can expect from Tecnic in FY14/FY15:

1) Good dividend, i'm expecting it to declare its dividend based on its 50% dividend pocicy.
Please note that it failed to do so for FY12 & FY13. However, it has cleared all its debt and it is zero debt since Q1 of FY2014.

2) Issue bonus, skpres had issue bonus in 2012. Hopefully, tecnic will declare soon.

3) Very strong cash flow starting from FY2014.

Buy at your own risk.
Corporate

STOCK: TECNIC (9741)

Blog 26 Sep 2014, 3:02:57 PM
[QUOTE=Brian9818 @ 23 Mar 2014, 04:47 PM]3301[/QUOTE]

Bought at 4.04 last monday, never thought it can up this fast. {:thumbup}
2014/2015 is a good year to tecnic. My personal target is RM6. Cheers....
Corporate

STOCK: LTKM (7085)

Blog 26 Sep 2014, 2:34:41 PM
[b]加強房產業務獲看好 LTKM公司漲24仙[/b]

財經股市25 Sep 2014 21:54

 (吉隆坡25日訊)從事生產雞蛋業務的LTKM公司(LTKM,7085,主要板消費)有意加強房產發展業以減少對核心業務依賴,消息出爐后股價獲激勵,早盤一度勁漲34仙至或7%報5令吉,衝破5年新高紀錄。

LTKM公司今早開市先起4仙報4.70令吉,然后就一路大幅上漲,早盤一度猛漲34仙至或7%報5令吉,創寫5年新高紀錄。
休市時,LTKM公司掛4.98令吉,大漲32仙,半日交易量僅達11萬8700股。LTKM公司午盤漲幅雖收窄,但仍穩守在10大上升股榜;該股閉市揚24仙,收在4.90令吉,成交量15萬1600股。

 LTKM公司董事經理拿督陳金國昨日出席常年股東大會后,向記者指出,公司是在2011年進軍房產發展業,如今有意擴大業務,以提高收入來源。

 “截至2014財年3月底,房產發展業貢獻472萬令吉或3%收入,是個很小的數目,我們已經有了擴展計劃,但目前透露這些資料仍過早。”

 他說,公司目前在雪州仁嘉隆擁有20英畝未開發土地,還沒決定如何發展。

 “我們正物色收購有潛能發展的土地,特別是在巴生谷及柔佛區。”

 陳金國強調,生產雞蛋業務維持是公司的核心業務,在2014全年,該業務貢獻高達1億6957萬令吉相等于95.23%收入。

[url]http://www.chinapress.com.my/node/563846[/url]
Corporate

STOCK: LTKM (7085)

Blog 25 Sep 2014, 5:36:09 PM
{:yeah}[b]LTKM soars to all time high after QL offers to take over Lay Hong[/b]

[url]http://www.theedgemalaysia.com/business-news/308942-hot-stock-ltkm-soars-to-all-time-high-after-ql-offers-to-take-over-lay-hong.html[/url]
Corporate

STOCK: MAGNI (7087)

Blog 17 Sep 2014, 4:07:36 PM
[QUOTE=Brian9818 @ 27 Jun 2014, 10:55 AM]3546[/QUOTE]

My target price for Magni:

Estimated EPS for FY2015: RM0.40
Fair value at PE 10: RM4.00

Cash on hand: RM1.16

So, target price = RM4.00 + RM1.16 = RM5.16. {:thumbup}
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