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kkchong Member Star
Total Cumulative Posts 62
Joined Jan 2012
Country MALAYSIA
Gender Male


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Corporate

STOCK: KMLOONG (5027)

Blog 12 Jun 2018, 1:26:43 PM

Definitely a buy at RM1, DY 8%. So it is unlikely to happen unless crisis.

Corporate

STOCK: SCC (0158)

Blog 08 Jun 2018, 9:50:51 AM

Should be the mistake done by company. It is just 1.7 cents instead of RM1.7

 

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5819517

Forum

FORUM: let shares something here to some new investor.

Blog 06 Jun 2018, 9:07:06 PM

Market finally broke the downtrend. Hopefully it will all the way up.

Forum

FORUM: Is the stock market going to drop more than 10 percent min or even as much as dramatic drop?

Blog 04 Apr 2018, 5:48:39 PM

What a painful day :(

Forum

FORUM: Is the stock market going to drop more than 10 percent min or even as much as dramatic drop?

Blog 23 Mar 2018, 8:52:36 PM

Don't scare me. I am now already suffer huge lose!!!

Corporate

STOCK: UCREST (0005)

Blog 22 Jan 2018, 7:51:40 PM

Very good prospect.... RM1 all the way up... go go go

Corporate

STOCK: WANGZNG (7203)

Blog 29 Dec 2017, 2:20:24 PM

Woh... limit up soon. Any news?

Forum

FORUM: Election March 25th 2018?

Blog 22 Dec 2017, 7:47:17 PM

Parliament wii be dissolved on
January 11th 2018
Nomination date on 
March 11th 2018
Voting day on
March 25th 2018 

True or fake news?


 

Corporate

STOCK: SAPNRG (5218)

Blog 02 Nov 2017, 9:17:26 AM

Khasera Baru Plans to Sell Up to $213 Million of Sapura Energy Shares

By Yantoultra Ngui Published November 01, 2017 Features Dow Jones Newswires

 

 

KUALA LUMPUR, Malaysia--Khasera Baru Sdn. Bhd. is looking to sell up to 901.5 million ringgit ($213 million) of shares in Malaysian oil-and-gas services firm Sapura Energy Bhd. (5218.KU), according to a term sheet seen Wednesday by The Wall Street Journal.

Khasera is a private company of businessman Mokhzani Mahathir, one of the sons of former Prime Minister Mahathir Mohamad.

The bookbuilding range for the offer, which represents 605 million Sapura Energy shares, or a 10.1% stake in the firm, was between MYR1.42 and MYR1.49 a share, the term sheet showed. The offer represents an 8% to 12.3% discount to Sapura Energy's closing price of MYR1.62 on Wednesday ahead of the bookbuilding launch.

Write to Yantoultra Ngui at yantoultra.ngui@wsj.com

(END) Dow Jones Newswires

November 01, 2017 08:08 ET (12:08 GMT)

 

http://www.foxbusiness.com/features/2017/11/01/khasera-baru-plans-to-sell-up-to-213-million-sapura-energy-shares.html

Corporate

STOCK: NOTION (0083)

Blog 20 Oct 2017, 3:32:44 PM

RUN..........

KEBAKARAN DI #NOTION MERU 
20 OCT 17

 

Source: https://www.facebook.com/Pekan-MeruKlang-599691076801925/

Blog

BLOG: How I grew my capital from 30k to 3 million in 10 years from Bursa Malaysia

Blog 12 Jan 2017, 8:18:58 PM

Anticipate your next post...yeah

Blog

BLOG: 推选5新主力股.征战2017 4连胜

Blog 03 Jan 2017, 8:19:07 PM

I believe notion is a good pick...

Blog

BLOG: 另一场金融风暴? [第一天]

Blog 22 Dec 2016, 6:47:35 PM

Well said.

Blog

BLOG: 【杰伦公司】- JAYCORP(7152)再生能源赚亏为盈,盈利YOY+0.15%, 这很差吗?[H@rry]

Blog 19 Dec 2016, 7:59:09 PM

Yes, agreed with you. According the annual report, it's construction sector will become the main contributor to income in coming years. Once this sector start make profit, we can expect higher dividend. Nothing worry as long as it can maintain current profit.

Corporate

STOCK: PADINI (7052)

Blog 14 Apr 2014, 1:23:11 PM
[QUOTE=rockbum @ 14 Apr 2014, 12:41 PM]3356[/QUOTE]
Woh.... Your entry price must be damn low. At least few double if you hold this for 3-4 years. Padini is doing really well. Dividend is also increasing.
Corporate

STOCK: ZHULIAN (5131)

Blog 23 Jan 2014, 10:46:34 AM
Period 4Q13/FY13

[b]Actual vs. Expectations[/b]
FY13 net profit (NP) of RM121.0m (+3% YoY) came in below expectations, accounting for 88% of our and consensus full-year forecasts of RM137.0m. We were negatively surprised by the disappointing 4Q13 results, as the variance from our forecast was due to lower-than expected sales in overseas market, i.e. mainly Thailand.

[b]Dividends[/b]
Single-tier dividend of 3 sen per share and a special single-tier dividend of 4 sen per share have been declared, bringing the full-year total dividend to 16.0 sen per share vs. our projection of 17.9 sen. This implies a net dividend yield of 3.5% and a dividend payout ratio of 61% of its FY13 earnings. The variance in dividend projection was in tandem with the missed net profit forecast.
Key Result Highlights QoQ,
4Q13 revenue decreased by 37%. The key culprit is the softer Thailand market brought about by the political uncertainties in Thailand and also the fall in Thai Baht against USD which negatively affected its top and bottom lines. The longer-than-expected crisis can be seen in the decline in associates’ contribution (-68% QoQ), which is one of their key earning drivers. Meanwhile, the demand in the Malaysia market stayed on course, but was flat QoQ. Hence, PBT plunged by 61% to RM18.8m.

[b]YoY, [/b]
4Q13 revenue and PBT fell by 33% and 50%, respectively, due to same reason mentioned above. YoY, FY13 revenue fell by 7% to RM417.1m. The decrease in revenue was mainly due to lower local market demand, especially during 1H13 attributable to the tightening of household credit and the sluggish consumer spending. However, due to a higher associate contribution from Thailand (+8% YoY), the PBT increase marginally by 3% YoY.

[b]Outlook[/b]
While the near-term prospects appear uncertain for Zhulian, we believe that the political crisis in Thailand will be short-lived and sales activity should pick up post the Thailand election.
Minimal impact should be seen from the recent fuel and electricity tariff hike.
In the meantime, the company is expanding into the Myanmar market in 1H14 and our estimates has yet to impute for the new contribution as we are awaiting further clarity.

[b]Change to Forecasts [/b]
We are downgrading our FY14-15 net profit estimates by 14% each as we take into account the lower associate contribution as well as lower CDF growth in Thailand.

[b]Rating Downgraded to MARKET PERFORM[/b]

[b]Valuation[/b]
We are [b]cutting our TP from RM5.40 to RM4.70 [/b] based on an unchanged fwd. PER valuation of 15.8x but lowered FY14E EPS of 29.9 sen. We have already reflected the main earnings risk from Thailand into our estimates.
Thus, we left our targeted PER unchanged, as we believe that the Thailand political crisis would be short-lived and the ascribed PER is still at a 16% discount to Amway’s 18.7x.

[b]Risks to Our Call [/b]
A prolonged political crisis in Thailand
A slowdown of consumer spending in domestic market.

Source: Kenanga
Corporate

STOCK: XDL (5156)

Blog 23 Jan 2014, 9:35:12 AM
Investing in china company is just like playing fire. What do you think? {:star}
Corporate

STOCK: ECOWLD (8206)

Blog 15 Jan 2014, 11:26:42 AM
[QUOTE=choopin @ 20 Sep 2013, 04:50 PM]2830[/QUOTE]
Dropped seriously today. {:doh} Any news? Wondering if I should cutloss?
Corporate

STOCK: BJTOTO (1562)

Blog 15 Jan 2014, 11:24:42 AM
[QUOTE=jeloft @ 15 Jan 2014, 10:45 AM]3102[/QUOTE]

Yes, BJTOTO won't make you rich but a stable dividend income. {:thumbup}
Corporate

STOCK: TIGER (7079)

Blog 15 Jan 2014, 11:24:03 AM
[QUOTE=WayneNg @ 15 Jan 2014, 11:10 AM]3103[/QUOTE]
Short term? What's the target price? {:notworthy}
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