Monday, December 22, 2008
Buy Genting International
Genting Int is a hard rock solid FA stock in long term ! its liecense itself worth more than 0.50 ! no need to chase at current level.. buy bit by bit n in stages , keep it under yr pillow 4 yr childs..
Y choosed Genting int instead of genting ? simple..cos i like small knife cut big tree ! @ 0.40+- ..d downside limit is very minimum..worst come to worst is only 0.30+- ! as for genting .. dont 4get it has been split .. if u times back.. it is now more than 10.00 lah...
Just like resorts , if u times 2.20 with 5 = RM11.00 ! 2 those aunties n uncles ( they dont know what is PE , they count by dollar n cents not by value ), 2.00+ for them is not expensive ..but if u ask them to buy stock >10.00.. they will tell u it is damn expensive.
that's y i said..genting int @ 0.40 is quite a safe bet .. cos its down side limit is very minimum !
Y choosed Genting int instead of genting ? simple..cos i like small knife cut big tree ! @ 0.40+- ..d downside limit is very minimum..worst come to worst is only 0.30+- ! as for genting .. dont 4get it has been split .. if u times back.. it is now more than 10.00 lah...
Just like resorts , if u times 2.20 with 5 = RM11.00 ! 2 those aunties n uncles ( they dont know what is PE , they count by dollar n cents not by value ), 2.00+ for them is not expensive ..but if u ask them to buy stock >10.00.. they will tell u it is damn expensive.
that's y i said..genting int @ 0.40 is quite a safe bet .. cos its down side limit is very minimum !
Tuesday, May 20, 2008
What type of stocks should I buy given the present uncertainty on the stock market’s future direction?
It is always very difficult to determine whether we’ve seen the worst or if it is still in a situation pending a major market correction. Although there are a lot of uncertainties over the market’s future, we can still invest if we are able to find stocks paying good dividend yields.
According to Benjamin Graham and David Dodd in their book, Security Analysis, the price paid for a stock would be determined chiefly by the amount of the dividend paid. A good company should pay dividends. This is one of the best ways to reward shareholders. Besides, we always believe a bird in hand is worth two in the bush.
Stocks paying good dividends will provide us with a “floor” if the market is undergoing a correction.
For example, Company A has a stable business and is paying a relatively fixed dividend of 32 sen a year. Its dividend yield (DY) will be equivalent to 5.3% based on the market price of RM6. This is quite attractive if we compare it with the current 12-month fixed deposit (FD) rate of 3.7%.
Assuming, as a result of a big market correction, its stock price tumbles to RM5, then its DY will surge to 6.4%. This will make Company A even more attractive compared with FD rates.
Certain investors may be worried whether Company A’s business will be affected by the slowdown in the overall economy. If its business is consumer-based with relatively stable demand, its sales and profits will be less affected by the economic slowdown.
Besides, as most companies are trying to maintain a fixed dividend payment, investors can still enjoy good dividend returns. Sometimes, the over-reaction to a market crash may be much greater than the drop in profits. This will give investors another great opportunity to buy the stock at a lower entry price. If investors are prepared to hold on to the stock over the next five to 10 years, a lower entry price will give us greater capital gain.
According to Benjamin Graham and David Dodd in their book, Security Analysis, the price paid for a stock would be determined chiefly by the amount of the dividend paid. A good company should pay dividends. This is one of the best ways to reward shareholders. Besides, we always believe a bird in hand is worth two in the bush.
Stocks paying good dividends will provide us with a “floor” if the market is undergoing a correction.
For example, Company A has a stable business and is paying a relatively fixed dividend of 32 sen a year. Its dividend yield (DY) will be equivalent to 5.3% based on the market price of RM6. This is quite attractive if we compare it with the current 12-month fixed deposit (FD) rate of 3.7%.
Assuming, as a result of a big market correction, its stock price tumbles to RM5, then its DY will surge to 6.4%. This will make Company A even more attractive compared with FD rates.
Certain investors may be worried whether Company A’s business will be affected by the slowdown in the overall economy. If its business is consumer-based with relatively stable demand, its sales and profits will be less affected by the economic slowdown.
Besides, as most companies are trying to maintain a fixed dividend payment, investors can still enjoy good dividend returns. Sometimes, the over-reaction to a market crash may be much greater than the drop in profits. This will give investors another great opportunity to buy the stock at a lower entry price. If investors are prepared to hold on to the stock over the next five to 10 years, a lower entry price will give us greater capital gain.
Sold masteel and swap to ONASTEL and hold HUAAN
I already sold masteel for 5 lot. Earn RM 1000. Recently, I had bought and swap to ONASTEL AND still keep HUAAN on my portfolio. Both steel counter, I am looking good of the world demand on steel in coming years.
Eyes will mark on the airasia with the current drop due to the high oil price in the global market. I believe that when oil become 150-200 USd and airline will get affect and hopefully it will reach 1.00.. will collect slowly on airasia 1.00..
Eyes will mark on the airasia with the current drop due to the high oil price in the global market. I believe that when oil become 150-200 USd and airline will get affect and hopefully it will reach 1.00.. will collect slowly on airasia 1.00..
Saturday, May 10, 2008
Systematic Way For Selection Counter
Even though there are no short cuts in screening stocks, we can broadly group our selection according to seven criteria, namely SGPDBHM. “S” stands for sales, “G” – growth, “P” – price-earnings ratio (PER), “D” – dividend yield, “B” – book value, “H” – health and “M” for management.
In this article, we will look at the first four criteria: sales (S), growth (G), PER (P) and dividend yield (D).
S – Annual sales of at least above RM500mil
Our first criterion is to select companies that have total annual sales of RM500mil and above. The main purpose for this is to select big companies for investment. Normally, a company with total sales of above RM500mil is considered well established and is less dependent on its owner.
In most instances, it will be one of the market leaders commanding a certain market share in its industry. Although we are not saying that companies with annual sales of less than RM500mil are not good for investment, less established companies face stiffer competition and have more uncertainties in their future compared with more established companies.This explains why the majority of our research houses prefer big companies to small companies.
At present, if you are holding shares in a lot of small companies (although they have good fundamentals), the majority of them are not performing in terms of stock prices despite the current high stock market valuations.This may be due to the same worries as well as analysts not paying much attention to those stocks.
G - growth in sales
We need to select stocks with strong sales growth. Higher growth in sales implies that a company is expanding fast.
According to Benjamin Graham in his book entitled “Security Analysis”, a growth company’s business can move faster than its stock price. Given that our returns depend only on capital gain or dividend income, if a stock never pays any dividend, we need to make sure that we can get capital gains from the stock. Unless we are able to catch them at cheap prices, we need to make sure that the company has very strong sales growth.Higher sales will contribute to higher profits and higher stock prices.
P - Low PER stocks
To get a high margin of safety (MOS), we need to find stocks with low PER. For a stock that has a PER of 20 times, you would need to wait 20 years to get back your money, assuming that it can achieve the same earnings per share (EPS) over the next 20 years.
Hence, we should select stocks with low PER, especially lower than the overall stock market or its own industry average. Given that the current market PER is about 15 times, if you can find a stock that is selling lower than 15 times, we can say that it is selling at a cheaper valuation than that of the overall market.
D- dividend yield of at least equal to fixed deposit rate
A good company needs to pay dividend. We believe this is the best way to rewards shareholders.There are some listed companies that are making good profits but refuse to reward their shareholders with high dividends as they claim that they need to retain the profits for future expansion.
However, we believe “a bird in the hand is worth two in the bush”.There are cases where companies are able to generate good returns from every dollar that they retain, but in most cases, some fail in their expansion programmes. To retail investors, there are too many uncertainties over returns from these investments.We believe that companies that are unable to reward their shareholders with good dividend need to reward them with higher stock prices.
According to Warren Buffett, this is called the one-dollar premise, whereby every dollar that the company retains needs to translate into one dollar in stock price. Given the present weak stock market, if a company is able to provide a dividend yield that is equal to the fixed deposit rate of 3.7% will attract investors to put their money into their stock instead of in the bank.
In this article, we will look at the first four criteria: sales (S), growth (G), PER (P) and dividend yield (D).
S – Annual sales of at least above RM500mil
Our first criterion is to select companies that have total annual sales of RM500mil and above. The main purpose for this is to select big companies for investment. Normally, a company with total sales of above RM500mil is considered well established and is less dependent on its owner.
In most instances, it will be one of the market leaders commanding a certain market share in its industry. Although we are not saying that companies with annual sales of less than RM500mil are not good for investment, less established companies face stiffer competition and have more uncertainties in their future compared with more established companies.This explains why the majority of our research houses prefer big companies to small companies.
At present, if you are holding shares in a lot of small companies (although they have good fundamentals), the majority of them are not performing in terms of stock prices despite the current high stock market valuations.This may be due to the same worries as well as analysts not paying much attention to those stocks.
G - growth in sales
We need to select stocks with strong sales growth. Higher growth in sales implies that a company is expanding fast.
According to Benjamin Graham in his book entitled “Security Analysis”, a growth company’s business can move faster than its stock price. Given that our returns depend only on capital gain or dividend income, if a stock never pays any dividend, we need to make sure that we can get capital gains from the stock. Unless we are able to catch them at cheap prices, we need to make sure that the company has very strong sales growth.Higher sales will contribute to higher profits and higher stock prices.
P - Low PER stocks
To get a high margin of safety (MOS), we need to find stocks with low PER. For a stock that has a PER of 20 times, you would need to wait 20 years to get back your money, assuming that it can achieve the same earnings per share (EPS) over the next 20 years.
Hence, we should select stocks with low PER, especially lower than the overall stock market or its own industry average. Given that the current market PER is about 15 times, if you can find a stock that is selling lower than 15 times, we can say that it is selling at a cheaper valuation than that of the overall market.
D- dividend yield of at least equal to fixed deposit rate
A good company needs to pay dividend. We believe this is the best way to rewards shareholders.There are some listed companies that are making good profits but refuse to reward their shareholders with high dividends as they claim that they need to retain the profits for future expansion.
However, we believe “a bird in the hand is worth two in the bush”.There are cases where companies are able to generate good returns from every dollar that they retain, but in most cases, some fail in their expansion programmes. To retail investors, there are too many uncertainties over returns from these investments.We believe that companies that are unable to reward their shareholders with good dividend need to reward them with higher stock prices.
According to Warren Buffett, this is called the one-dollar premise, whereby every dollar that the company retains needs to translate into one dollar in stock price. Given the present weak stock market, if a company is able to provide a dividend yield that is equal to the fixed deposit rate of 3.7% will attract investors to put their money into their stock instead of in the bank.
Friday, May 9, 2008
Lesson On PE
If u invested one dollar in stock x, n this stock x giving u EPS of 10cts ( 1/0.10 = PE 10 ), this means it needs 10 years for u to gain back yr capital of one dollar ^V^In short PE 10 means u need 10 years to recover yr capital
PE 20 means u need 20 years to recover yr capital
Now calculate yrself, if stock x traded at PE 3 , answer me, what is d FD rate for PE 3 ? n u need how many years to recover yr capital ?
If u can answer that.. this show u r HALF understand d magic key of PE !
I am not saying stock with PE < 10 will definitely profit u ! but !!! at least u know what u r buying n u wont over pay for what u bought ^V^ No matter how, u still hv to take some risk even stocks that u bought r all below PE 10, everybody know how to buy LOW PE stock, but not everyone able to catch low PE stock with sustainable future earning ( here i am talking about sustainability of its future earning, of course if her earning jumped above yr forecast is even better ). D key success here is "Future earning "
ExampleStock X Share price = 1.50 EPS for 2 qtrs = 15.64Let presume that stock X managed to maintain such a good earning for d coming 2 qtrs , hence, 15.64cts x 2 = 31.28 cts for year 08 ^V^If my forecasting turn to be good, 31.28 cts will translate its PE to 4.7 (21% return per year)with current price of 1.50, let assume d PE for its industry stood at 13+-, its fair value should be 13 x 31.28 = RM 4 + ! even PE 10 will still give u fair value of 3.10+ ^V^D above r with d assumption that its future earning rose in line with u hv forecasted ^V^
What happen IF >>>>
What happen if d coming 2 qtrs turn to be an lousy one, presuming she running at huge loss with negative EPS of 30cts !??let calculate again..first 2qtrs EPS = 31.28, d other 2 qtrs giving u -0.30cts
D whole year EPS is now 31.28 - 0.30 = 1.28ctsyr PE is now 1.50/ 1.28 x 100 = 117 !!! what is PE 117 stand for ?PE 117 stand for 0.85 % return per year or u needs 117 years to recover what u hv invested ! (why buying such stock that giving u return of 0.8% if u can enjoy FD rate of 6.6 % with zero risk !??)See ? future earning will determine d movement of yr share price ^V^That's d reason y I will not buy in any penny stock with PE > 15 n blue chip @ PE>20 !
How to minimise yr risk from wrong picking ?2 ways :
1)Track earning recordsIts 3 to 5 years track earning records : check d earning track records for stock like PBB, YTL , BAT , Maxis, IOI.... NO losses at all for past 10 years !! That's y i always ask u ppl to follow those with track proven results blogger ..ha ha
2)What is on going now n years to come example : We know 9mp is hot going n it will on going for another 2 to 3 years time, Mega projects need steel (http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_6f4bdce6-cb73c03a-6798eb00-5043bd24 ) , cement, timber n ..... from here I know n confident that d coming 2 qtrs earning for masteel n onastel r definitely sustainable ^V^ hence, their coming earning will definitely in line with what i hv forecasted .
PE 20 means u need 20 years to recover yr capital
Now calculate yrself, if stock x traded at PE 3 , answer me, what is d FD rate for PE 3 ? n u need how many years to recover yr capital ?
If u can answer that.. this show u r HALF understand d magic key of PE !
I am not saying stock with PE < 10 will definitely profit u ! but !!! at least u know what u r buying n u wont over pay for what u bought ^V^ No matter how, u still hv to take some risk even stocks that u bought r all below PE 10, everybody know how to buy LOW PE stock, but not everyone able to catch low PE stock with sustainable future earning ( here i am talking about sustainability of its future earning, of course if her earning jumped above yr forecast is even better ). D key success here is "Future earning "
ExampleStock X Share price = 1.50 EPS for 2 qtrs = 15.64Let presume that stock X managed to maintain such a good earning for d coming 2 qtrs , hence, 15.64cts x 2 = 31.28 cts for year 08 ^V^If my forecasting turn to be good, 31.28 cts will translate its PE to 4.7 (21% return per year)with current price of 1.50, let assume d PE for its industry stood at 13+-, its fair value should be 13 x 31.28 = RM 4 + ! even PE 10 will still give u fair value of 3.10+ ^V^D above r with d assumption that its future earning rose in line with u hv forecasted ^V^
What happen IF >>>>
What happen if d coming 2 qtrs turn to be an lousy one, presuming she running at huge loss with negative EPS of 30cts !??let calculate again..first 2qtrs EPS = 31.28, d other 2 qtrs giving u -0.30cts
D whole year EPS is now 31.28 - 0.30 = 1.28ctsyr PE is now 1.50/ 1.28 x 100 = 117 !!! what is PE 117 stand for ?PE 117 stand for 0.85 % return per year or u needs 117 years to recover what u hv invested ! (why buying such stock that giving u return of 0.8% if u can enjoy FD rate of 6.6 % with zero risk !??)See ? future earning will determine d movement of yr share price ^V^That's d reason y I will not buy in any penny stock with PE > 15 n blue chip @ PE>20 !
How to minimise yr risk from wrong picking ?2 ways :
1)Track earning recordsIts 3 to 5 years track earning records : check d earning track records for stock like PBB, YTL , BAT , Maxis, IOI.... NO losses at all for past 10 years !! That's y i always ask u ppl to follow those with track proven results blogger ..ha ha
2)What is on going now n years to come example : We know 9mp is hot going n it will on going for another 2 to 3 years time, Mega projects need steel (http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_6f4bdce6-cb73c03a-6798eb00-5043bd24 ) , cement, timber n ..... from here I know n confident that d coming 2 qtrs earning for masteel n onastel r definitely sustainable ^V^ hence, their coming earning will definitely in line with what i hv forecasted .
Masteel and Huaan 1.75 and 0.79
When come to which counter to put yr money on ? volume plays an important role ^V^.. d current theme now is commodities, steel counters r hot cooking, look at ssteel n its latest QE !
Masteel already moved..huaan volume getting bigger n bigger !from d results of ssteel, we can see that all steel counters will produce good results in d coming qe, huaan n masteel 's qe will be out by this month , what do u see from here ? ha ha..yr guess is as good as mine ^V^
Huaan..low PE, zero debt , cask kow , IPO 1.00 n it is a red chip counter. by crook or by hook..i am confident it will climb above 1.00 in time 2 come.
Masteel already moved..huaan volume getting bigger n bigger !from d results of ssteel, we can see that all steel counters will produce good results in d coming qe, huaan n masteel 's qe will be out by this month , what do u see from here ? ha ha..yr guess is as good as mine ^V^
Huaan..low PE, zero debt , cask kow , IPO 1.00 n it is a red chip counter. by crook or by hook..i am confident it will climb above 1.00 in time 2 come.
Sunday, February 24, 2008
Buy 10lot INTI at 1.06..(thanks to damien mom)
Story background.hehe..After receive the news from my friend's mom about INTI, she said she bought in 10lots INTI and her friends actually bought in 30 lots.. I said WOww.. in bear market still bought in so many lots..She told me that many inti big shareholders start buying the counter..might be something good news will be announce..After that i start to call my remisier to Q for 1.05.. remisier said cant get for 1.05 and ask me 1 for 1.06.. then i said okie la..The next day market not so good..drop to 1.05..Another day, Inti start chiong already..highest go to 1.15..Now market not very good drop back 1.11 .. However inti is good bet...
News
LAUREATE Education Inc, the world's largest operator of international universities, will pay about RM126.6 million or RM1.20 a share, for a 51.19 per cent stake in Malaysia's INTI College group.Future Perspective Sdn Bhd, an entity controlled by Laureate, will buy the stake from INTI Supreme Holdings Sdn Bhd, which is the controlling shareholder in INTI Holdings (INTI).
The INTI brand name will be added to Laureate's growing international network of universities which today serve over 300,000 students, propelling a Malaysian-grown education entity into the global arena.
News
LAUREATE Education Inc, the world's largest operator of international universities, will pay about RM126.6 million or RM1.20 a share, for a 51.19 per cent stake in Malaysia's INTI College group.Future Perspective Sdn Bhd, an entity controlled by Laureate, will buy the stake from INTI Supreme Holdings Sdn Bhd, which is the controlling shareholder in INTI Holdings (INTI).
The INTI brand name will be added to Laureate's growing international network of universities which today serve over 300,000 students, propelling a Malaysian-grown education entity into the global arena.
Tuesday, February 12, 2008
SIME ~~Earn RM 327 from contra gain...
Forgot to post up.. B4 new year i bought one SIME at 11.50.. after three day it went up to 12.00 ..then i contra gain already...Earn RM 327.. Will play around 11.00-11.50 ..
Sunday, January 27, 2008
MY first project
My land was successful bought at RM 140,000. This piece of land will be my first project to do in my lifetime. My plan is to build one food court at Sungai Mati Town. Although it need to takes few months to get all documents proceed and and few months to build, hopefully whole project done by 2009. But at the moment, I will set up some beautiful tents to rent to some stalls such as food stalls, fish & veggie stalls, kuih muih stalls..(depend who will calling me,hehe). Y I want to do that at first? Three reasons: one is test local market and let many people know that place. Another reason is to collect some rental instead of put the land there empty (one month interest will be RM400+). Lastly, when food court is finish build, these stalls might shift into and they can continue their business. Cost of the testing market will be (two big tents RM200) + (cut the grass RM20) TOTAL RM 220. Quite cheap. Period of testing start from March till end of the year 2008.
The reason why I choose small little town to build food court:
1) Cheap land and the land is at the roadside. Nowadays hard to find the roadside land in Sungai Mati especially to buy a small piece of land. Got also very very expensive.
2) Four Chinese schools are around Sg. mati. (Pei Hwa Primary Sch, Pei Hwa High Sch, Pei Hwa Malays High Sch, and Sungai Sendok Chung Hwa Sch.) So, we can see based on the situation in Muar. In Muar, we have so many of food courts around and of course lots of schools in Muar too. However, when we look at Sg. Mati, not even one food court along the way from Muar Bridge to Tangkak although there got four schools at Sg. Mati. For me, I think it will be the high demand for the Sg. Mati people to have one nice food paradise.
3) Nice location. The land is a walking distance from the Pei Hwa Primary School and also other schools. I hope it can be a food paradise for parents and their children especially after school or tuition.
4) The land is only way to go through from the Tangkak highway to Muar town. I am confident that it will attract some other consumers such as Singaporean, Kuala Lumpur people and other out town people to actually stop by and enjoy the local food.
Few weaknesses of that piece of land: (disadvantages and problem need to face)
1) Parking space. According to my research, inside of this piece of land can only park 16 cars. 8 one row and another 8 one row. But, at the small town, it should be enough. Hopefully, the food stalls are sell very nice food and this parking space will not be a problem. Of course I got the secret marketing strategies to deal with this problem.
2) Malay people are living around two sides. It might be a problem to selling Chinese food. However, I already discuss with both side of neighbors and said that we are not selling pork stuff. Malay and Chinese people also can come and eat. But I know we can’t get halal license, no malay will come and eat, never mind as long as we have Chinese customers is enough already. I just want them to cooperate with me and no much complaint.
So, for this business we can do research by doing SWOT analysis.
Strength:
Nice location (many schools nearby & Tangkak highway)
Cheap land. This piece of roadside land will increase price in next future.
First mover advantage. Our food court is the only one is Sg. Mati.
Easy to manage. Rent out the stalls and collect rentals with just little of management so that I can still can separate myself and do my work or second project.
Weaknesses:
Parking space
Malay people both side.
Opportunity:
Out town people and visitors can stop by and enjoy food.
Increase my famous in Sg Mati. (dealing with headmaster and teacher and this will easy for me to develop my second project.)
Threat:
No much threat and competitors cause we got first mover advantage.
Below are some land pictures:
The reason why I choose small little town to build food court:
1) Cheap land and the land is at the roadside. Nowadays hard to find the roadside land in Sungai Mati especially to buy a small piece of land. Got also very very expensive.
2) Four Chinese schools are around Sg. mati. (Pei Hwa Primary Sch, Pei Hwa High Sch, Pei Hwa Malays High Sch, and Sungai Sendok Chung Hwa Sch.) So, we can see based on the situation in Muar. In Muar, we have so many of food courts around and of course lots of schools in Muar too. However, when we look at Sg. Mati, not even one food court along the way from Muar Bridge to Tangkak although there got four schools at Sg. Mati. For me, I think it will be the high demand for the Sg. Mati people to have one nice food paradise.
3) Nice location. The land is a walking distance from the Pei Hwa Primary School and also other schools. I hope it can be a food paradise for parents and their children especially after school or tuition.
4) The land is only way to go through from the Tangkak highway to Muar town. I am confident that it will attract some other consumers such as Singaporean, Kuala Lumpur people and other out town people to actually stop by and enjoy the local food.
Few weaknesses of that piece of land: (disadvantages and problem need to face)
1) Parking space. According to my research, inside of this piece of land can only park 16 cars. 8 one row and another 8 one row. But, at the small town, it should be enough. Hopefully, the food stalls are sell very nice food and this parking space will not be a problem. Of course I got the secret marketing strategies to deal with this problem.
2) Malay people are living around two sides. It might be a problem to selling Chinese food. However, I already discuss with both side of neighbors and said that we are not selling pork stuff. Malay and Chinese people also can come and eat. But I know we can’t get halal license, no malay will come and eat, never mind as long as we have Chinese customers is enough already. I just want them to cooperate with me and no much complaint.
So, for this business we can do research by doing SWOT analysis.
Strength:
Nice location (many schools nearby & Tangkak highway)
Cheap land. This piece of roadside land will increase price in next future.
First mover advantage. Our food court is the only one is Sg. Mati.
Easy to manage. Rent out the stalls and collect rentals with just little of management so that I can still can separate myself and do my work or second project.
Weaknesses:
Parking space
Malay people both side.
Opportunity:
Out town people and visitors can stop by and enjoy food.
Increase my famous in Sg Mati. (dealing with headmaster and teacher and this will easy for me to develop my second project.)
Threat:
No much threat and competitors cause we got first mover advantage.
Below are some land pictures:
Tuesday, January 22, 2008
US Fed cuts interest rates by 75 basis points
The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3½%.
The Committee took this action in view of a weakening of the economic outlook and increasing downside risks to growth. While strains in short-term funding markets have eased somewhat, broader financial market conditions have continued to deteriorate and credit has tightened further for some businesses and households. Moreover, incoming information indicates a deepening of the housing contraction as well as some softening in labour markets.
The Committee expects inflation to moderate in coming quarters, but it will be necessary to continue to monitor inflation developments carefully.
Appreciable downside risks to growth remain. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act in a timely manner as needed to address those risks.
I think for sure market will rebound some in next fews day, however, these Fed cuts still cannot solve the US problem yet. One, two day up but when once again big drop just consider buy.. I got plenty of bullets to go in market but dont catch the falling knife. Will wait and see..Wow..airasia drop till 1.44..mahsing drop back my buying price..
The Committee took this action in view of a weakening of the economic outlook and increasing downside risks to growth. While strains in short-term funding markets have eased somewhat, broader financial market conditions have continued to deteriorate and credit has tightened further for some businesses and households. Moreover, incoming information indicates a deepening of the housing contraction as well as some softening in labour markets.
The Committee expects inflation to moderate in coming quarters, but it will be necessary to continue to monitor inflation developments carefully.
Appreciable downside risks to growth remain. The Committee will continue to assess the effects of financial and other developments on economic prospects and will act in a timely manner as needed to address those risks.
I think for sure market will rebound some in next fews day, however, these Fed cuts still cannot solve the US problem yet. One, two day up but when once again big drop just consider buy.. I got plenty of bullets to go in market but dont catch the falling knife. Will wait and see..Wow..airasia drop till 1.44..mahsing drop back my buying price..
Monday, January 14, 2008
target price reach..yeah..sold my mahsing at 2.10
Although return just earn few thundred bucks but this maybe the biggest ang pou for me before chinese new year and election.. These few weeks will monitor the market.. maybe will have another bull run b4 chinese new year..This two day maybe market will drop and not so good.. Its time to buy some lo.. Lets see what counter i can get to hit and run b4 new year..hehe..
Wednesday, January 2, 2008
see.. the steel counter.. i just put up my blog only
03-01-2008
KUALA LUMPUR: Steel stocks rallied yesterday as sentiment was bolstered by China’s move to raise the export duty on low value and semi-finished steel products by 5% to 15% effective on Tuesday.
Analysts said the higher export duty was expected to boost the Southeast Asian long steel products. Southern Steel Bhd gained 41 sen to RM2.21 and its loan stocks jumped 27 sen to RM2.04. Ann Joo Resources Bhd added 27 sen to RM2.94 and Kinsteel Bhd firmed 24 sen to RM1.58 while the warrants jumped 21 sen to RM1.36.
Lion Industries Bhd added 17 sen to RM2.33, Melewar Industries Bhd rose 14 sen to RM1.53 and Malaysia Steel Works Bhd 13 sen higher to RM1.81
KUALA LUMPUR: Steel stocks rallied yesterday as sentiment was bolstered by China’s move to raise the export duty on low value and semi-finished steel products by 5% to 15% effective on Tuesday.
Analysts said the higher export duty was expected to boost the Southeast Asian long steel products. Southern Steel Bhd gained 41 sen to RM2.21 and its loan stocks jumped 27 sen to RM2.04. Ann Joo Resources Bhd added 27 sen to RM2.94 and Kinsteel Bhd firmed 24 sen to RM1.58 while the warrants jumped 21 sen to RM1.36.
Lion Industries Bhd added 17 sen to RM2.33, Melewar Industries Bhd rose 14 sen to RM1.53 and Malaysia Steel Works Bhd 13 sen higher to RM1.81
Tuesday, January 1, 2008
Happy new year !!!! Looking for Year 2008 ...
Crude palm oil (CPO)
Crude palm oil (CPO) prices will continue to remain firm and drive the growth of the plantation industry this year amid high crude oil prices and tight supply of cheaper energy sources. DBS Vickers is maintaining an upward bias on CPO for 2008, with an average price of RM2,700 to RM3,000.
Stock picks
In spite of the industry’s volatility, the plantation sector remains attractive to investors. Plantation giants like Sime Darby Bhd, IOI Corporation Bhd, Kuala Lumpur Kepong Bhd are among the top picks among fund managers and brokers.
He added that investors were also keen to invest in second-tier plantation stocks such as United Plantations Bhd, Tradewinds Bhd and Asiatic Development Bhd based on their cheaper valuations.
Oil and gas players
In 2008, more upside is seen for the local oil and gas players on the back of strong oil prices, premium rates on chartered vessels for upstream activities, upcoming infrastructure projects and deep-sea exploration activities. On average, they said oil prices would remain high next year at between US$75 per barrel and US$88 per barrel (RM251.25 and RM294.80), on the back of tight supply and high demand for fuel that would further boost both upstream and downstream activities worldwide.
Stock picks
Favoured stocks included KNM Group Bhd, Wah Seong Corporation Bhd, Alam Maritim Resources Bhd, Muhibbah Engineering (M) Bhd, Eastern Pacific Industrial Corporation Bhd (EPIC), Petra Perdana Bhd, Tanjong Offshore Bhd, Dialog Group Bhd and Kencana Petroleum Bhd.
Among its top picks, the research house favoured KNM for its compounded annual growth rate (CAGR) of 57% for FY07 to FY09F, high return on equity (ROE) of 35% and commendable contract replenishment with high order book of RM2.5 billion. It has a buy call on KNM with a target price of RM8.30.
Steel price
Steel price will keep increasing and the price will increase about 20.35%to 20.91%. Due to the high demand of steel, especially china, in year 2008 , government will increase again the steel price.
Stock picks
Masteel and Ornastel
Crude palm oil (CPO) prices will continue to remain firm and drive the growth of the plantation industry this year amid high crude oil prices and tight supply of cheaper energy sources. DBS Vickers is maintaining an upward bias on CPO for 2008, with an average price of RM2,700 to RM3,000.
Stock picks
In spite of the industry’s volatility, the plantation sector remains attractive to investors. Plantation giants like Sime Darby Bhd, IOI Corporation Bhd, Kuala Lumpur Kepong Bhd are among the top picks among fund managers and brokers.
He added that investors were also keen to invest in second-tier plantation stocks such as United Plantations Bhd, Tradewinds Bhd and Asiatic Development Bhd based on their cheaper valuations.
Oil and gas players
In 2008, more upside is seen for the local oil and gas players on the back of strong oil prices, premium rates on chartered vessels for upstream activities, upcoming infrastructure projects and deep-sea exploration activities. On average, they said oil prices would remain high next year at between US$75 per barrel and US$88 per barrel (RM251.25 and RM294.80), on the back of tight supply and high demand for fuel that would further boost both upstream and downstream activities worldwide.
Stock picks
Favoured stocks included KNM Group Bhd, Wah Seong Corporation Bhd, Alam Maritim Resources Bhd, Muhibbah Engineering (M) Bhd, Eastern Pacific Industrial Corporation Bhd (EPIC), Petra Perdana Bhd, Tanjong Offshore Bhd, Dialog Group Bhd and Kencana Petroleum Bhd.
Among its top picks, the research house favoured KNM for its compounded annual growth rate (CAGR) of 57% for FY07 to FY09F, high return on equity (ROE) of 35% and commendable contract replenishment with high order book of RM2.5 billion. It has a buy call on KNM with a target price of RM8.30.
Steel price
Steel price will keep increasing and the price will increase about 20.35%to 20.91%. Due to the high demand of steel, especially china, in year 2008 , government will increase again the steel price.
Stock picks
Masteel and Ornastel
Monday, November 19, 2007
GO GO GO mahsing .. target price RM2.00
A CONSORTIUM of Middle East and Malaysian blue-chip institutional and individual investors is eyeing a strategic stake in established property developer Mah Sing Group Bhd, sources said yesterday.The local, Abu Dhabi and Kuwait investors are the ones who have been steadily purchasing real estate in Malaysia and investing in the property boom in the country in recent months."They are eyeing a strategic stake in Mah Sing to complete part of the Middle East-Southeast Asia property value chain," one source told Business Times."
Partnering with the current major shareholders and management of Mah Sing will likely be the vehicle of choice for the investors' Southeast Asian expansion plans."This is especially due to its strong cash balances, low gearing, solid management and good track record. Mah Sing, with its financial muscle and niche offerings, is of strong appeal to the consortium of investors," the source added.
Low PE too.. A good fundamental counter...
Buy in 5 lots of mahsing RM 1.84
Considering these two..
Ramunia
KUALA LUMPUR: Ramunia Holdings Bhd saw a block of 22 million irredeemable convertible unsecured loan stocks (ICULS) changing hands last Thursday, which may have been taken up by a Singapore government-linked company (GLC).
The source said Ramunia was expected to complete its yard upgrading by the first quarter of next year, paving the way for the company to undertake heavier and more complex structures.
The source said Ramunia was bidding for one local and an international project in India worth some US$400 million with an expected tentative award to be known as early as next week for both.
Price: RM 1.15
SapuraCrest Petroleum
KUALA LUMPUR: SapuraCrest Petroleum Bhd has secured a US$148 million (RM505 million) regional contract from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) for works within the Malaysia Thailand Joint Development Area (MTJDA).
In a statement yesterday, SapuraCrest said the award to its subsidiary TL Offshore Sdn Bhd entailed the transporting and installing of platforms for the JDA Block B-17 field development plan project. The contract is targeted to begin at the end of the third quarter of 2008 with completion expected about a year later.
“We are developing a partnership with them (CPOC) as our drilling unit is already providing services on a long-term contract and this major win extends the scope of work we are offering to include the installation of their offshore facilities,” said its executive vice chairman Datuk Shahril Shamsuddin
He said the company had been investing heavily in the development of capabilities, particularly in the areas of human capital, new assets and vessels over the past 36 months. These included investments of over RM2 billion on new assets and vessels including the RM850 million deepwater Sapura 3000 Heavy Lift and Derrick Lay vessel.
Price: RM 1.62
KUALA LUMPUR: Ramunia Holdings Bhd saw a block of 22 million irredeemable convertible unsecured loan stocks (ICULS) changing hands last Thursday, which may have been taken up by a Singapore government-linked company (GLC).
The source said Ramunia was expected to complete its yard upgrading by the first quarter of next year, paving the way for the company to undertake heavier and more complex structures.
The source said Ramunia was bidding for one local and an international project in India worth some US$400 million with an expected tentative award to be known as early as next week for both.
Price: RM 1.15
SapuraCrest Petroleum
KUALA LUMPUR: SapuraCrest Petroleum Bhd has secured a US$148 million (RM505 million) regional contract from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) for works within the Malaysia Thailand Joint Development Area (MTJDA).
In a statement yesterday, SapuraCrest said the award to its subsidiary TL Offshore Sdn Bhd entailed the transporting and installing of platforms for the JDA Block B-17 field development plan project. The contract is targeted to begin at the end of the third quarter of 2008 with completion expected about a year later.
“We are developing a partnership with them (CPOC) as our drilling unit is already providing services on a long-term contract and this major win extends the scope of work we are offering to include the installation of their offshore facilities,” said its executive vice chairman Datuk Shahril Shamsuddin
He said the company had been investing heavily in the development of capabilities, particularly in the areas of human capital, new assets and vessels over the past 36 months. These included investments of over RM2 billion on new assets and vessels including the RM850 million deepwater Sapura 3000 Heavy Lift and Derrick Lay vessel.
Price: RM 1.62
Thursday, November 1, 2007
oilcorp~~
I sold my oilcorp at 1.34 already for two ..profit taking RM 170.. and recently buy mahsing at 1.84...
Thursday, October 11, 2007
My first plan is going smooth..(my workplace pictures)
checking the stocks in our factory
Oh no..i work at office 1..this is extra work...
container coming lo... can truck out ?
faster pack the stuff and up container..
Tuesday, October 9, 2007
my favourite plantation
Oil palm trees. Easy to manage and have good return in profits
The seed is so beautiful and i love it . One hectar"yin mou" can get one tonne and one toone can actually earn RM 500++ .Wow..Imagine you got 10 or 20 "yin mou" of oil palm plantation.
Saturday, September 22, 2007
oilcorp buy at 1.24 for 2 lots
Recently just buy the oilcorp at 1.24 for two lots. Hope the US cut it fed interest rates will help our KLSE market and blow our shares market up..The reason why i choose oilcorp among the other oil and gas counter is because this counter offer the lowest price if we look at the historical graph..others like kencana..sapcrest...all quite high already..Oil price at US market keep increasing and this show demand of oil in market quite high. So i think oil and gas counter will be benefical from that. Start from today i will consider some property counter and i knw lots of investor value the property counters nowaday after budget malaysia 2008. Ok write until here. Will post up my workplace pictures next week hopefully..
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