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Trading With A View

Author: tradeview   |   Latest post: Sat, 6 Apr 2019, 11:48 AM

 

(Tradeview 2019) - Value Picks Monthly Update as at 6 April 2019

Author: tradeview   |  Publish date: Sat, 6 Apr 2019, 11:48 AM   |  >> Read article in Blog website


Image result for report card


Dear fellow Readers,



As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2019. The purpose is for transparency and accountability. This is the updated results as of end of 6th April. 

For those keen to be a subscriber or follower, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 11th March 2019 : (Gains exclude div) 

1. TM - Called on 16th December 2018 @ below RM 2.40 vs Present RM 3.10 (29% Gain) 

2. PPHB - Called on 16th December 2018  @ RM 0.50 vs Present RM 0.605 (21% Gain) 

3. DKSH - Called on 16th December 2018  @ RM 2.21 vs Present RM 2.30 (4% Gain) 

4. BJ Food - Called on 16th December 2018 @ RM 1.32 vs Present RM 1.67 (26.5% Gain) 

5. Perstima - Called on 16th December 2018 @ RM 4.75 vs Present RM 4.92 (3.5% Gain) 

6. Elsoft Research - Called on 16th December 2018 @ RM 1.17 vs Present RM 1.00 (-15% Loss) 

7. HIL Industries Bhd - Called on 4th March 2019 @ RM 0.52 vs Present RM 0.59 (13% Gain) New call 2019

8. Pecca Group Bhd - Called on 6th March 2019 @ RM 1.07 vs Present RM 1.06 (-1% Loss) New call 2019



9. Unimech Group Bhd - Called on 8th March 2019 @ RM 1.03 vs Present RM 1.14 (10.2% Gain) New call 2019

Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 10.6% Gain beating the KLCI Index Return of 0.5%  (We start counting from 16th Dec 2018 till today to be fair) 

As of now, it is 7/9 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  zhangliang likes this.
 
VenFx Wow ! Very consistently
06/04/2019 3:12 PM
Choivo Capital One front runner after another.

One telegram group after another to fry and dump.
06/04/2019 3:38 PM
UnicornP Not the best stocks you could've owned. Be more radical although consistent.
06/04/2019 3:40 PM
zhangliang wah mad dog Choivo is barking again? haha reflect ur own record before barking. Ur unitholders paid ur management fees for losing their funds -20% in 2018???
06/04/2019 5:02 PM

(Tradeview 2019) - Value Picks Monthly Update as at 11 March 2019

Author: tradeview   |  Publish date: Mon, 11 Mar 2019, 6:14 PM   |  >> Read article in Blog website


Image result for report card


Dear fellow Readers,

As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2019. The purpose is for transparency and accountability. This is the updated results as of end of January 31. 

For those keen to be a subscriber or follower, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 11th March 2019 : (Gains exclude div) 

1. TM - Called on 16th December 2018 @ below RM 2.40 vs Present RM 3.21 (33.8% Gain) 

2. PPHB - Called on 16th December 2018  @ RM 0.50 vs Present RM 0.57 (14% Gain) 

3. DKSH - Called on 16th December 2018  @ RM 2.21 vs Present RM 2.46 (11.3% Gain) 

4. BJ Food - Called on 16th December 2018 @ RM 1.32 vs Present RM 1.50 (13.6% Gain) 

5. Perstima - Called on 16th December 2018 @ RM 4.75 vs Present RM 4.88 (2.7% Gain) 

6. Elsoft Research - Called on 16th December 2018 @ RM 1.17 vs Present RM 1.02 (-13% Loss) 

7. HIL Industries Bhd - Called on 4th March 2019 @ RM 0.52 vs Present RM 0.55 (4.8% Gain) New call 2019

8. Pecca Group Bhd - Called on 6th March 2019 @ RM 1.07 vs Present RM 1.06 (-1% Loss) New call 2019


Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 8.25% Gain beating the KLCI Index Return of 0.5%  (We start counting from 16th Dec 2018 till today to be fair) 

As of now, it is 6/8 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  4 people like this.
 

(Tradeview 2019) - Value Picks Monthly Update as at January

Author: tradeview   |  Publish date: Sun, 3 Feb 2019, 2:56 PM   |  >> Read article in Blog website


 

Image result for report card

Dear fellow Readers,
 
As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2019. The purpose is for transparency and accountability. This is the updated results as of end of January 31. 
 
For those keen to be a subscriber or follower, there are several links below
 
 
 
 
 
This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 
 
*The picks from when it was call until 31st January 2019 : (Gains exclude div) 
 
1. TM - Called on 16th December 2018 @ below RM 2.40 vs Present RM 2.91 (21% Gain) 
 
2. PPHB - Called on 16th December 2018  @ RM 0.50 vs Present RM 0.49 (-2% Loss) 
 
3. DKSH - Called on 16th December 2018  @ RM 2.21 vs Present RM 2.43 (9.9% Gain) 
 
4. BJ Food - Called on 16th December 2018 @ RM 1.32 vs Present RM 1.34 (1.5% Gain) 
 
5. Perstima - Called on 16th December 2018 @ RM 4.75 vs Present RM 4.88 (2.7% Gain) 
 
6. Elsoft Research - Called on 16th December 2018 @ RM 1.17 vs Present RM 1.07 (-9.3% Loss) 
 
 

Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 3.97% Gain beating the KLCI Index Return of 2.6%  (We start counting from 16th Dec 2018 till today to be fair) 
 
As of now, it is 4/6 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :
 
1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 
 
If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 
 
Regards, 
 
Tradeview 
 
**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 

 

  4 people like this.
 
zhangliang No more QL in 2019 list anymore
03/02/2019 3:23 PM
newbie5354_ Why got loss ctr(Elsoft)? Is mkt very bad?
03/02/2019 3:33 PM
Erudite thank you
03/02/2019 5:11 PM

(Tradeview 2019) Forward 6 Value Picks for 2019 (TM, PPHB, DKSH, Elsoft, BJ Food & Perstima)

Author: tradeview   |  Publish date: Sun, 16 Dec 2018, 12:13 PM   |  >> Read article in Blog website


 
Image result for buy when others are fearful

 

Dear fellow readers, 
 
Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :
 

Website / Blog : http://www.tradeview.my/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com
_____________________________________________________________________________

Many are looking back at 2018 wondering what went wrong and how could things be so bad? For Tradeview, we recommended significantly lesser stocks in 2018 and was very prudent in our investment due to the uncertainties. Apart from QL, Poh Kong and a handful of public calls, we didnt do much public calls. This was because we did not have a clear direction. 

Image result for hold cash

We also suffered losses like many fund managers and investors. We also held certain stocks like MYEG, Eforce, Layhong which plummeted tremendously. However, thankfully these are only a small proportion of our holdings. In fact, our cash holding was the largest and we will publicly admit we actually made significant numbers of calls to our private group members in the month of November and December. We called close to 8 stocks in the month of November and December. These 2 months collectively has more stock picks than others. We finally saw the opportunity especially to collect some of the stocks which was in our watchlist for a long time. Our cash holdings was aggressively poured into these stocks.

Image result for 2019

We would like to share with all that our picks are mid term to long term and definitely we will hold it into 2019. It also a collection of stocks which can weather the storm and turbulence. Amongst those, we would like to share are the following and at the price of entry as below :

Image result for TM
1. TM

We called TM earlier during the selldown at around RM3+ and when it was sold down, we waited until RM2.40 and below to call a further entry to average down. YB Gobind definitely rock the telco industry after becoming minister. Of course this is in the best interest of the people and users, which we have no objection. However, this severely impacted the related sector and companies of which EPF, KWAP, PRS funds are among the key investors in these companies. Indirectly, we may benefit from lower monthly telco fees but the losses from the holdings in these blue chips is far greater.  Having said that, we know the actual valuation for TM is much higher than RM3 and this was a good collection opportunity. We therefore called and collected.
 
 
 
 
Image result for pphb bhd
 
 
 
 
 
2. PPHB
 
Similarly for PPHB, our initial valuation for the stock will be RM0.70 at least. The company continued to outperform and severely undervalued when FBMKLCI mid cap index fell close to 25% for the year. This was a good opportunity to collect at around 55 sens and below. The downside to this stock is because there is no dividend policy and may appear as a value trap. Nonetheless, the whacked down share price far below its actual value provide a good opportunity to enter a mid term value investment 
 
 
 
 
 
 
 
 
Image result for dksh malaysia
 
3. DKSH

When we first called DKSH at RM3+, our estimated would be around RM4.60. When the share price fell to RM2.50, we further averaged down. Many have asked us why are we so bullish with DKSH and the purpose behind. Well, for one DKSH fell along with other blue chips and even out of the Syariah list. However, this company has very strong management and the international clientele which is the foundation of their distribution network gave us the confidence to hold. Whilst the margin is this, the valuation is cheap compared the mother company and regional players. It's book value is RM3.79 and the PER is trading at 6.9x hence it is a stock that will definitely rebound in the long term and one that we are willing to hold through the storm. 

Image result for bjfood
 
 
 
 
 
 
 
 
4. BJ Food

To be honest apart from the Starbucks franchise, we actually dont really like the other brands under BJ Food. The money churner is still Starbucks and it is Msia's market proxy to the US's global brand. We are also no particularly impressed with the management of Berjaya group management as a whole. A strong management would be able to do way better than the current valuation. However, we note that the company has disposed of their loss making Kenny Rogers business in Indonesia and starting to return to black. Additionally, substantial shareholder is buying to support the share price. We think this year will be turnaround year for BJ Food coupled with the consistent quarterly dividend of 3% full year, can look to collect at below RM1.35.
 
 
 
 
Image result for perstima
 
 
 
 
 
5.  Perstima
 
Our old favourite is back in the radar as the valuation for it should be at RM6 due to the high dividend yield, stronger revenue growth and opening of new markets and manufacturing facility in Philippines. Should the company declare dividend this year to be 20 sens, the yield at current price would be about 4%. Even the PER is undervalued based on the revenue growth and improvement in profit margin. When the market is as weak as it is, we advocated to our readers to consider buying on weakness. It remain was one the steady quiet mover that has rebounded for the year from a low of RM3+. There is still upside to RM5+ in the mid term.  

Image result for elsoft research 
 
6. Elsoft Research Bhd.
 
 
We waited for Elsoft to retrace for a long time. We continued growth, strong dividend payout policies and record revenue for the year, the share price was steady for a long time. We finally had the chance on 11 December, a day after Datin Rosmah birthday to collect the stock at RM1.17. Many may think they just went ex dividend not long why bother to enter now? Well if I am a large fund that requires steady returns every QR to declare a year end payout, maybe I wouldn't but to me, the stock was trading at an immensely attractive valuation and almost at the bottom. I cant time the bottom but at that price, it works out perfectly with enough upside and sufficient margin of safety.
 
 
 
 
 
 
 
https://www.bloomberg.com/news/articles/2018-02-07/buying-the-dip-works-nicely-a-30-year-history-of-routs-shows
 
There are definitely others to the list of stocks we have watched, observed, consider, and called. Mostly with the market continuously being volatile, when the time comes, opportunity knocks, and value surfaces, what would you do? The above link demonstrates the beauty of buying on dips and weakness over chasing rallies.
 
________________________________________________________________________________

Website / Blog : http://www.tradeview.my/

Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

Food for thought: 

Like many famous investors, Li often bought when others sold. When riots inspired by Mao Zedong's Cultural Revolution broke out in Hong Kong in 1967, Li invested in the city's property as prices tanked.

 
 

 

 

 

 

 

 

 

Labels: TM, DKSH, PPHB, ELSOFT, BJFOOD
  4 people like this.
 
Erudite thanks!
16/12/2018 12:34 PM
ramada Among the i3 writers, stock picks from tradeview r more reasonable & acceptable.
16/12/2018 12:43 PM
trulyinvest Elsoft poor,selection. Ta oredi warned, earningspeak, next q may report weak result
16/12/2018 1:34 PM
zhangliang https://www.thestar.com.my/business/business-news/2018/12/10/pentamaster-and-elsoft-expect-record-turnover/

Elsoft chief executive officer C.E. Tan said the group was on track to achieving its best results.

“Our nine-month results had also surpassed the turnover and net profit of last year.

“Elsoft posted RM65mil in turnover on the back of a RM33.7mil net profit for the nine months ended Sept 30, which is higher than the RM61.3mil and RM27mil registered, respectively, for the whole of 2017.

“We expect to see a revenue growth of over 30%. This is an achievable goal as the average earnings per quarter in 2018 is about RM20mil,” he said.

Tan said the smart-sensor segment contributed 60% of the group’s revenue, while the automotive and general lighting segments 30% and 10%, respectively.
16/12/2018 2:58 PM
VenFx trulyinvest is a contra kaki, his words no substances at all.
The truth is he love to bluffing like he is the magic contra player ...

Liar cant change its spot rite ?
16/12/2018 3:53 PM
trulyinvest Kindly go n read latest ta report on elsoft
16/12/2018 6:55 PM
trulyinvest Post removed. Why?
16/12/2018 6:56 PM
trulyinvest Post removed. Why?
16/12/2018 7:00 PM
VenFx Liar tetap liar lah ,
Never put your word into other mouth.

You just a pity rat which love bluffing in i3 la
16/12/2018 7:31 PM
Fabien Extraordinaire None of the 6 stocks under my radar. Totally no common ground to start with..lol
16/12/2018 7:31 PM
VenFx U still want to bluff like a contra magician ?
Always chun chun call no matter how bad a market ?

Common la ! Silly la
16/12/2018 7:33 PM
VenFx I'm able to better far better Short Term profit after 509.
Need not me to show the real time results la...
Frens of mine they know I'm saying the truth here.

Not like trullyinvest the monkey magician... bla bla bla
16/12/2018 7:36 PM
VenFx However, i hv just stop all my speculate trade since last 2 week.
2H 2018 alone already made my profit jumped by1.5 times from 2017.

Long term stock position cap below 30% of my overall portfolio weighing .
Would exercise by trimming another 10% , if 1620 broken.

See ,i share my method.
Comparing to truelyinvest, he share only his magical contra chun chun call, which i doubt he just lie all this while lo.
16/12/2018 7:42 PM
moneykjtwin u share ur method???!!! but u scared of ahmoiing!!!!!!

haha!!!
16/12/2018 7:43 PM
VenFx Haiyo ! Go eat musangking la !
Be seriously la !
I'm lecturing that biadab truelyinvest leh.
16/12/2018 7:48 PM
VenFx In 2019,
I'll ask myself a big Q ?
What kind of potential trade breadth can trigger my coming back to speculate or adding position ?

1H2019 will it a continuing Downward?
2H2019 rebound ?
Or, worst part is , bear conquering the whole 2019 ?

Could that possibly have 2nd & 3rd scenario ?

Pls share....
16/12/2018 7:53 PM
Erudite no matter TA or FA, which way can make money is a good way. I know the call above are safe calls, with dividend and growth, actual business. not contra play. those who dont believe shouldnt call other names. i am fair, be respectful. Let results in by next few quarterly results to prove the outcome ok? Market bad, good there is still direction from some kind Gurus
16/12/2018 8:34 PM
trulyinvest Ur method? Canot pakai la. Keep shouting buy eg from rm1 to 40sen ka? Pls,lau, vanish from i3 beter. Or u x tau malu ka? Kikiki. U punya muka lagi tebal dr great wall of china
16/12/2018 8:36 PM
Choivo Capital I've never really get tradewin's picks.

Their basis is usually quite weak, with research that does not go beyond the copy paste of data from annual report. No new insight.

Every time someone ask others to pay money to join whatsapp or telegram. I can't help but feel there is some factor of pump and dump.
16/12/2018 8:37 PM
trulyinvest I din c ur method all d while. I just c u constsntly post nonsense article on eg.. big liar
16/12/2018 8:40 PM
zhangliang Choivo, good to c u again attacking Tradeview guru. U chg name, used to Jon Choivo who called the lousy Prolexus, ask ppl to buy RM1.40... What happen? I think Prolexus is 50+ sens. U still holding?

apa mau lagi? follow ur lame unit trust that is down 10% this year? con people to buy ur unit trust scheme like money game?
16/12/2018 8:45 PM
zhangliang I remember Choivo con guru attack Tradeview bro call QL at RM3.5. U insult Tradeview all the time like stalker! I think u shud insult more than every time u insult Tradeview stock fly! hahahaha. I learn from Tradeview bro for 2+ yrs, I enter QL RM3.5 sold RM7 in 1 year. Pls dont be a faker ok? bad karma, later ur unit trust all lose money.

https://klse.i3investor.com/blogs/tradeview/143376.jsp
16/12/2018 8:47 PM
VenFx Trulyinvest,umno has already got tajuddin najis and jahit.
I3 dont need your rubbish comments here la ?
Very irritating to see someone incompetent trying to play hand job all day nite ler.

U siok sendiri, others feel want to vomit u know ?
16/12/2018 8:50 PM
VenFx I rest my case here...
As i always tespect to tradeview .

Just beh tahan, to see truelyinvest the idiot simpily comments things he dont know.
16/12/2018 8:57 PM
zhangliang no worry VenFx bro, many wannabes in forum. Keyboard warriors and conman. Level too low waste of time
16/12/2018 9:01 PM
johnbrooks Tradeview, among the six which is the one u like the best? Is the order of companies based on ur preference?
16/12/2018 9:31 PM
VenFx Tq zhang bro ....
16/12/2018 9:33 PM
OldPussyKyewyin47 Old master kyy taik shit bodoh...kikiki
17/12/2018 9:38 PM
joetay7 the only stock i like is tm. if bj food is not under bjc, then will be worth looking at.
17/12/2018 11:08 PM
paperplane Perstima for div ok
10/02/2019 9:09 PM

(Tradeview 2018) Value Picks : Looking Forward 2019

Author: tradeview   |  Publish date: Wed, 17 Oct 2018, 9:28 AM   |  >> Read article in Blog website


Image result for fast forward
Dear fellow readers, 

This is my No. 2 Value Pick for 2018. 

Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :


Website / Blog : http://www.tradeview.my/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com
_____________________________________________________________________________






It has been a long time since we last had a public write up. The last article was published was in April 2018 before the historic chance in Malaysia political landscape. A regime change was unexpected for many and the economy of the country has taken a dip. Usually, this is very normal as change reflects instability. Whilst it is not purely 100% due to the change in government resulting in weaker economic growth for the country, there is definitely worries from international funds and local fund managers in current climate.

Image result for emerging markets

Global Markets vs Emerging Markets

The global markets have been in a doldrums especially with the trade war between China and US. Whilst it was supposed to be only a temporary issue, it seems it is not quite blown our of proportion. In fact, it seems that China is taking a brunt from this continuous economic policy changes of the US. The entire slump due to clamp down and cooling measure by the Chinese government for the property sector in China which has long overrun its forward earnings is now causing ripple effect through the industry. We foresee the trade war to persist and Chinese government cooling measure is only the beginning. We do not like the situation moving forward whilst we deem it healthy. 

Image result for us fed rate hike

US Fed Rate Hike

The rate hike by US seems to be hitting emerging markets the worst. By right, most have foreseen US Fed to hike rate and will continue to go on a continuous uptrend path. Even talks for BNM to follow suit. However, emerging markets still was not able to withstand the impact with many currencies declining across the board. MYR is now weak again despite our PM stating how undervalued it is and its fair value being RM3.80 to the greenback. MYR will likely not strengthen in the next 6 months in our humble view due to our national debt and lack of economic stimulus in terms of monetary and fiscal policies.

Image result for malaysia 1 trillion national debt

Malaysia's 1 Trillion National Debt 

We would like to think the new government came into place and save the country from further turmoil. Uncovering the debt and now working hard to reduce the debt levels is commendable. Of course as citizens, we look forward to a healthier balance sheet for the country. However, there is a saying that "Debt is the source for growth". Meaning if we want economic growth, a healthy level of debt is good. With borrowings which we can repay within reasonable time frame and interest cost, the government can utilise the funds to spur growth through fiscal measures such as catalytic government projects, infrastructure, growth corridors, new sector development and amongst others. Question is, how much can we borrow and at our rate? Will restructuring our current debts especially short term debts be the better way forward? I believe there will be savings from more prudent management under the new government where corruption, leakages can be mitigated however to what extent?Monetary policy would be more difficult under current climate due to US Fed rate hike. If we further consider monetary stimulus, the MYR will devalue further which makes it harder for us to both repay debts and will lead to higher import induced inflation. 

Image result for tun mahathir lim guan engImage result for tun mahathir azmin ali

Competitive Tax Incentive Policies, Economic Policies and New Industries   

In order to help Malaysia move forward, there is a need to focus on the above three as the way forward apart from "cleaning the house" or "throwing the kitchen sink". We advocate 3 ways :

1. Competitive Tax Incentive Policies :

This is necessary to attract FDI and new money into the financial system of Malaysia. An example would be lower corporate income tax for companies in selected sectors which create jobs and bring about knowledge or skill transfer. Singapore and Hong Kong has lower corporate tax than most countries in Asia hence both countries has benefited from many MNC setting up corporations or satellite offices. Dubai has 0% corporate tax and flourished tremendously. Malaysia has been relying on 2 particular method when it comes to tax incentive, 1 is the Investment Tax Allowance model (ITA) another is the Corporate Income Tax Exemption both at 5+5 years. However, whilst effective in the past 20 years it has appeared less attractive in today's competitive world where countries are all competing for the limited top companies to invest in their country. 

Image result for grab

A best example would be Grab which is homegrown in Malaysia but the HQ is located in Singapore. This is a huge outflow for our country. How can one of the most valued new multi-billion valued business chosen our neighbor country instead of Malaysia as its base? For companies like this, the government should provide a unique set of tax incentive policies to cater to its growth trajectory. Imagine, Samsung in which was built and founded in Korea decided to move to Japan to set up its base due to more favourable policies. 

Image result for fdi

2. Economic Policies :

We need very specific economic policies to tackle industry specific problems in order to make head way and help our Malaysian companies be more competitive. Example : we need to have a clear policy to attract FDI apart from saying we welcome but no concrete actions. FDI requires support not only from tax incentives policy but also provision of space for business, IP and copyright privileges, healthy workforce supply amongst others. 

Malaysia is a blessed country with oil and gas, agriculture, manufacturing and service sector. If we intend to elevate to become service oriented nation, our banking industry needs to be reformed specifically (private banking or wealth management). In the past there was a wave of privatisation exercise by the government of private companies making efficient private companies into GLCs which ballooned in debt and incompetency due to poor management or governance. 

Image result for government linked companies

We can consider divesting companies which are oversize and cumbersome into smaller efficient listed entities whilst unlocking its value. Consolidation was one of the ways in the past to make corporate Malaysia dynamic but the involvement of political appointees instead of sound corporate professional has shown its ugly side today. Divestment may be one route we can consider to unlock values. Another is to ensure healthy competition amongst SME which are growing into large companies. These segment is the foundation of Malaysia's economy. If SME do well, the country will as the trickle down and ripple effect is greater than a single conglomerate which ultimately benefits the majority shareholder or institutional funds or family offices. 

Image result for sme


3. New Industries :


We have been talking about new industries for a long time however which industry has Malaysia truly put itself on the map? We are known for oil & gas, furniture, gloves, durian, amongst others. Creative industry requires lots of help from government especially when at its infancy. We are severely lacking behind in terms of technology and innovation no matter how much we champion having Cyberjaya and MSC in the early days of 1997s. IT in itself has already taken a new turn but we are not doing enough. Even adoption of e-payment gateways we are still slower compared to other Southeast Asia countries. I think from this aspect we have a lot to improve and a sound ecosystem is the best way to help creative industries not only in terms of maybe more lenient loan applications, VC funding backed by Government (each dollar private sector puts in, government related institutions puts a certain % to match). Private sector should drive the business and government to facilitate and support.

Image result for reset button

All in all, the time is now. Malaysia hit a reset button. I think it is time we all reset.  



________________________________________________________________________________

Telegram channel : https://telegram.me/tradeview101

Website / Blog : http://www.tradeview.my/

Facebook : https://www.facebook.com/tradeview101/or 

Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

Food for thought: 

Image result for quotes on starting afresh

  Be the first to like this.
 

(Tradeview 2018) Buy on Weakness, Sell on Strength (Hengyuan, PetronM, KSSC, MediaC, VS, Uchitect)

Author: tradeview   |  Publish date: Thu, 19 Apr 2018, 5:55 PM   |  >> Read article in Blog website


 
 
 
 
 
 
 


 
 
 
 
 
 
 
 
 
 
 
 
Dear fellow readers, 
 
Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :
 

Website / Blog : http://www.tradeview.my/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com
_____________________________________________________________________________
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US and China trade war took centre stage for the past 3 weeks creating huge market volatility across the global markets. US market alone corrected close to 15% from its high. SP500 drop 11% from a high of 2872 to 2581 and Dow dropped 12% from 26,616 to 23,533. There is a saying that the modern warfare of today is the war of economy, no longer arms. If so, tariffs would be the main weaponry. On top of that, Malaysia's Parliament has dissolved and the country will be facing the GE14 on 9th May. This may appear to be main theme for the next 1 month for KLCI and of course some of the concerns include Syria airstrike by the alliance consisting of US, UK and France. This led to the rally in safe havens and the oil price as well nearing almost 70 USD per barrel. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Many asked Tradeview how come we are not recommending as many buys as we did in the past? Are we taking a prudent stance hence the reduction in recommendation? Actually we did reduce but we have been calling a number of stocks especially in our private group. We do this very carefully and based on our specific FA metrics. Most importantly, we time our buys, meaning we only choose to buy if the market is weak and sell when the market is strong. Some stocks we buy and hold until the true value gets realised. Usually this are mid to long term stocks. However, there are those where the opportunity to buy is so good and we get such a good price, then it moves within a short span of time as it rebounded strongly. Today, we would like to share with all the very basic concept of buying on weakness and selling on strength. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Usually, most people understand but few have the ability and foresight to practice such investment method. Even long time fundamentalist or FA investors, they find it hard to do. After all, who can time the bottom? Who can time the market so perfectly? It is extremely difficult to find the bottom what more time it to precision. Hence, we usually advocate this rule too our readers, if the stock price fall below our Tradeview FA metric and the levels is attractive enough with the right margin of safety, then you can consider. However, always wait for the price to stabilise before making the call. We will show some of the examples of the calls we have made recently during the buy low sell high period.
 
Image result for hengyuan 
 
 
1. Hengyuan 
 
Our initial valuation for Hengyuan was around RM10. When it went to a high of RM17 last year, many asked us repeatedly why we didnt call Hengyuan and arent we bullish with the prospect. We are conservative and prudent. Since we missed and the valuation was too high, we said can wait for opportunity to collect on weakness. We called at any price below RM6.50 for Hengyuan on 4th and 5th April as per the above chat group message. The rest is history. Hengyuan rebounded shortly after that when the trade war concern subsided a little and went up to as high as RM9.50. This is close to 40% return in less than 2 weeks. 
 
 Image result for petron
 
 
2. PetronM
 
Similarly for PetronM, our initial valuation for will be RM9 and we called on 4th and 5th April for any price below RM7.50 was good to buy. This is our prudent estimation without taking into account of the full year growth. PetronM reboounded to RM9.60 in less than 2 weeks.
 
 
 
 Image result for vs industry
 
 
3. VS Industry
 
Our initial valuation for VS would be around RM2.50. When the share price fell to RM2 and slightly below, we knew this was the opportunity and called a buy on 5th April as well. VS rebounded to as high as RM2.40 in subsequent days and became among out top gainers that week.
 
Image result for kssc malaysia
 
4. KSSC
 
Till today KSSC remains as one of our under the radar favourite gem. I remembered when we chose KSSC as our 2017 value pick, many were upset as the share price did not reflect. Until this year, it shot up all the way to 75 sens before retreating gradually. It is a significantly undervalue but it was a short span of time. Later on KSSC management declared dividend of close to 5% to reward shareholders. We maintain our initial valuation for KSSC to be RM0.65. When the market fell the other day, it fell to as low as 38 sens. That was a no brainer. Today it is hovering around 47 sens with more upside intact.
 
Image result for uchitec malaysia logo
 
5.  Uchitect
 
Our initial valuation for Uchitect is RM3. This was even before the capital repayment to shareholders were announced. When the market was weak, it fell to as low as RM2.30. We advocated to all our readers to consider buying on weakness. It remain was one the big gainers and rebounded strongly from Rm2.30 up to RM2.80 in less than 1 week. 
 
 
Image result for media chinese logo 
 
6. MediaC
 
MediaC goes without saying is one of our solid and safe buy. Many would have known by now the reason for the surge is due to their separate listing in HKEX, One Media Group's 10% stake in Most Kwai Chung which saw a 2000% over subscription for the retail portion during a recent IPO in end March. While this is a valuation play, the fact is also because we believe MediaC is undervalued with only upside, not downside. We believe buying now on weakness is an opportunity for when it is time to rebound. There are many factors to consider, one of it is the assets of the company  surpass its share value, and whilst the earnings are indeed dwindling, the group may receive bumper earnings from election period. 
 
 
https://www.bloomberg.com/news/articles/2018-02-07/buying-the-dip-works-nicely-a-30-year-history-of-routs-shows
 
There are definitely others to the list of stocks we have watched, observed, consider, and called. Mostly with the market continuously being volatile, May is coming, election is soon, earnings season fast approaching, there is no doubt that we will see opportunities like this appear in the market. Hence, when the time comes, opportunity knocks, and value surfaces, what would you do? 
 
________________________________________________________________________________

Website / Blog : http://www.tradeview.my/

Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

Food for thought: 
 
 Image result for buy on dips quote

 

 

 

 
  2 people like this.
 
zhangliang Thanks for writeup!
23/04/2018 6:59 PM
M17 Tradeview, you need to check your record for PETRONM again. 4th March is a Sunday. And it was traded between 9.72-10.56 on 5th March. Just saying.
24/04/2018 3:30 PM
tradeview thanks for pointing out our typo. we have amended. The above 6 stocks entrys are all between 4th and 5th April as per the telegram message photo.
24/04/2018 9:09 PM

(Tradeview 2018) Value Pick No. 2 : Poh Kong Holdings Bhd.

Author: tradeview   |  Publish date: Wed, 21 Mar 2018, 3:30 PM   |  >> Read article in Blog website


Image result for poh kong

Dear fellow readers, 

This is my No. 2 Value Pick for 2018. 

Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :


Website / Blog : http://www.tradeview.my/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com
_____________________________________________________________________________

Value Pick No. 2 : Poh Kong Holdings Bhd. (Initial Valuation RM 0.65 sens) 



The global markets have been quite volatile with some retracement since President Trump announcement on protectionist tariffs. On top of that, Malaysia is facing GE14 in the next 2 months. With a series of unpredictable events, we are looking at Poh Kong currently at RM0.54 sens. 

This is an old company in Malaysia with many years of experience  in the industry. Well run management holding down a traditional family business. It has over 102 outlets nationwide and many sub brands like Hemera, Love etc. Fundamentally it is a sound company that has solid dividend policy over the years. In a way, the growth is rather stagnant with some narrow margins until 2017, they started showing bigger revenue and margin in the same year. Traditionally, it is around 1.4%, as of 2017, the margin has rised to 3.4%. This is an encouraging sign for us as it may seem there is a growth path there. 



Additionally, if you look at the 5 year track record, as of half year 2018, the revenue is close to RM 490 Million, which is more than 2017. The diversified product range, new brands and different market segment penetration is enlarging the customer base for Poh Kong from the traditional ones of the past. Also, if you look at the NTA of Poh Kong, it is worth RM1.27. The current share price is RM0.54. With market cap of Rm220 million but net value of RM363 million and generating free cashflow of Rm60 million per annum, the balance sheet of Poh Kong is extremely strong.




Poh Kong is trading at a substantial discount on PTBV and PER compared to regional peers like Hong Kng jewelers such as Chow Tai Fook despite similar operations albeit a smaller brand name. If we take trailing earnings, Poh Kong is trading at 7x PER and PTBV of 0.44x.  While the DY is not great at aroud 1.85%, at least the company has been declaring consistent dividend over the years. Many good companies that are expanding even after doing well refuse to reward shareholders, with 0 Dividend Policy through out the years. So far, first 2Q of 2018 have exceeded first 2Q of 2017, this in effect shows a steady path of grow for the company and may further solidify its market leader position in Malaysia.




The good news is some of the substantial shareholders has been acquiring recently and loading up more position in the counter. This include some of funds which usually focus only on strong value counters. 

Our initial valuation for will be RM0.65 based on the back of 6.5 EPS at 10x PER. This is our prudent estimation without taking into account of the full year growth. For those who likes a solid management, boring but fundamental business with a strong assets and track record, can consider Poh Kong.



________________________________________________________________________________

Telegram channel : https://telegram.me/tradeview101

Website / Blog : http://www.tradeview.my/

Facebook : https://www.facebook.com/tradeview101/or 

Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

Food for thought: 


  2 people like this.
 
paperplane tradeview seldom buy call nowadays. trade cautiously, good example
18/04/2018 8:24 AM
zhangliang true prudent is good
18/04/2018 11:13 AM
paperplane still holding well
04/05/2018 2:19 PM
paperplane no GST, so is it good
17/05/2018 8:35 AM

(Tradeview 2018) Value Pick No. 1 : QL Resources Bhd.

Author: tradeview   |  Publish date: Sun, 7 Jan 2018, 11:12 AM   |  >> Read article in Blog website



Image result for ql resources


Dear fellow readers, 

This is my No. 10 Value Pick for 2017. 

Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :


Website / Blog : http://www.tradeview.my/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com
_____________________________________________________________________________

Value Pick No. 1: QL Resources Bhd. (Initial Valuation RM 5) 


QL Resources Bhd is one of our favourite back in 2015. When we called it at RM 2.40, we had a TP of RM 3.50 in mind. As it continued to be one of the Forbes best under billion company in Malaysia, we held on with a max FV of RM 4.30. We fully disposed at RM 4.30 in 2016. The key reason being the growth was stagnant. Their poultry, egg was doing alright but not great. The surimi business division is still the biggest contributor to the group. While we still had confidence in the company, especially under the stewardship of Chia Song Kun along with the other founding family members, there was a growth issue which indicates QL did not matter warrant the premium valuation with over 25x trailing PE.

Image result for family mart


Entering 2018, we decided to initiate on QL once again. This is not because the lack of ideas but rather because the growth story and trajectory has appeared in this family run business. In fact, the growth story is so enticing we should have noticed earlier. 2 words - Family Mart. Why is Family Mart such a game changer? Usually analyst do not like it when a company diversify their business into areas not related to the core business. Two reason behind it - 1. It shows the lack of confidence in the existing core business 2. The company may have to assume certain risk in entering new business / industry. This was also one of our early hesitance. However, as of today, our doubts were all clear.


A simple question to ask is would you enter a 7-11 or Family Mart if it was side by side? Additionally, the small snack / food segment of Family Mart is booming. Attracting crowds of all age. Their onigiri, green tea ice cream and curry balls. Of course if we were to share QL based on these alone, we are sure we will be severely criticised. So let's go into the financial metrics and business side of things.

If you look at the past 5 year chart, it is obvious that QL have been performing consistently with both revenue and profit growing steadily. Of course, it would appear it reached a stagnant between 2015 to 2017. However,  on the back of their expansion with the Family Mart business, things are looking to improve. Usually businesses diversification takes a longer time to reap fruits but the quick expansion abundant in retail lot supplies and low rental environment, it would appear that QL would be moving into profit territory quickly.




If we annualise the first 2Q of 2018, it would seem that QL may be able to achieve Rm3 billion in revenue + RM200 million in profits. Both are extremely good thresholds to break and it will only grow further in the coming years. Additionally, last year QL further declared a special dividend bringing the year dividend to 7.25 sens close to their record year. While the DY is not great, for the coming year, I will be more optimistic especially if Family Mart break evens. Additionally, a company that rewards shareholders albeit it is still expanding its business is better than a company that refuse to reward shareholders under the guise of expanding the business. Many good companies that are expanding even after doing well refuse to reward shareholders, QL management has maintained a consistent Dividend Policy through out the years.



This brings me to the next point, investing in QL is a also a valuation play. How so? Traditionally, QL has been valued as a poultry, surimi and feed company. Now with their convenience store business, their valuation will alter. This would be especially true if they can win market share from 7-11 or MyNews. If you look at both companies' valuation, you will be amaze with the premium attached to both companies. SEM (7-11 Malaysia) is trading at 43x trailing PER and MyNews is trading at 40x trailing PER. QL is only trading at 34x PER with an expanding convenience store business arm. Hence, to us, QL is a very solid mid to long term valuation play.


Image result for jaya grocer deal

We would like to point out to all, another interesting business that was given premium valuation for a similar business model. Jaya Grocer reported a profit after tax of RM1.05mil on the back of a revenue of RM283.08mil for its FY14 ended June 30. This gives it a profit after tax margin of a mere 0.37%. The company has total assets of RM77.87mil. Jaya Grocer will be paid RM300mil for the grocery chain, valuing the entity at more than 30 times the price-earnings ratio (PER). It started in 2007 with its first outlet in Jaya 33 in Petaling Jaya. It has 16 outlets located mainly in the Klang Valley including The Intermark, Empire Shopping Gallery and KLIA2. 

The reason we are sharing this is to indicate the valuation of grocery chain vs Family Mart. Although Family Mart business model would be more like 7-11, you can benchmark the business valuation to get an indicative value with discounts / premiums for store fronts and inventories. The similarity is the cash business and so long the cash flow management is strong, it will be a valuable gem.

https://www.thestar.com.my/business/business-news/2016/05/11/jaya-grocer-chain-sold-for-rm300mil/

Our initial valuation for QL will be RM5 based on the back of 12.65 EPS at 40x trailing PER. This is our prudent estimation without taking into account of the growth of the other businesses within the group. For those who likes a solid management, boring but fundamental business with a expansion horizon, can consider QL.



________________________________________________________________________________

Telegram channel : https://telegram.me/tradeview101

Website / Blog : http://www.tradeview.my/

Facebook : https://www.facebook.com/tradeview101/or 

Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

Food for thought: 

Image result for investment quotes
Labels: QL
  2 people like this.
 
Choivo Capital You guys insane ah.

"This brings me to the next point, investing in QL is a also a valuation play. How so? Traditionally, QL has been valued as a poultry, surimi and feed company. Now with their convenience store business, their valuation will alter. This would be especially true if they can win market share from 7-11 or MyNews. If you look at both companies' valuation, you will be amaze with the premium attached to both companies. SEM (7-11 Malaysia) is trading at 43x trailing PER and MyNews is trading at 40x trailing PER. QL is only trading at 34x PER with an expanding convenience store business arm. Hence, to us, QL is a very solid mid to long term valuation play."

What kind of stupid statement is this? Value play? Siao ah.

Like that everyone go change business to car hailing company better? Those companies burn 2-4 billion a year but valued at 60 Billion.

In this case, if you make profit, your valuation mai hit infinity liao?
23/04/2018 4:50 PM
zhangliang Wow, the empty vessel strikes back! I remember u da one who recommend Prolexus @ rm1.38 and told every1 to sailang right? FYI Prolexus 70 sens empty vessel! People Tradeview write article on QL such a good return stock but u attack...Y like tt?
23/04/2018 6:35 PM
moolala Jon, I like your research on rcecap (which by the way tradeview also called a buy on), but I think your criticism on QL is unfounded. Just look at the share price when it was called and the price today. I think tradeview did a good job in identifying a strong growth catalyst with family mart convenience stores
01/05/2018 8:09 PM
(US/CHN trade war doesn't matter) Philip I remember reading this before and thought trade view was a very smart fund manager.

Totally up 2x after comment by choivo capital. Basic brains but not enough business sense. But if you tell him he still won't know:

>>>>>

You guys insane ah.

"This brings me to the next point, investing in QL is a also a valuation play. How so? Traditionally, QL has been valued as a poultry, surimi and feed company. Now with their convenience store business, their valuation will alter. This would be especially true if they can win market share from 7-11 or MyNews. If you look at both companies' valuation, you will be amaze with the premium attached to both companies. SEM (7-11 Malaysia) is trading at 43x trailing PER and MyNews is trading at 40x trailing PER. QL is only trading at 34x PER with an expanding convenience store business arm. Hence, to us, QL is a very solid mid to long term valuation play."

What kind of stupid statement is this? Value play? Siao ah.

Like that everyone go change business to car hailing company better? Those companies burn 2-4 billion a year but valued at 60 Billion.

In this case, if you make profit, your valuation mai hit infinity liao?
23/4/2018

This is Jon choivo
28/01/2019 7:46 AM
Sslee Dear Mr. Philip,
I quote the report “QL Resources Bhd is one of our favourite back in 2015. When we called it at RM 2.40, we had a TP of RM 3.50 in mind. As it continued to be one of the Forbes best under billion company in Malaysia, we held on with a max FV of RM 4.30. We fully disposed at RM 4.30 in 2016. The key reason being the growth was stagnant. Their poultry, egg was doing alright but not great. The surimi business division is still the biggest contributor to the group. While we still had confidence in the company, especially under the stewardship of Chia Song Kun along with the other founding family members, there was a growth issue which indicates QL did not matter warrant the premium valuation with over 25x trailing PE.”

“The reason we are sharing this is to indicate the valuation of grocery chain vs Family Mart. Although Family Mart business model would be more like 7-11, you can benchmark the business valuation to get an indicative value with discounts / premiums for store fronts and inventories. The similarity is the cash business and so long the cash flow management is strong, it will be a valuable gem.
Our initial valuation for QL will be RM5 based on the back of 12.65 EPS at 40x trailing PER. This is our prudent estimation without taking into account of the growth of the other businesses within the group. For those who likes a solid management, boring but fundamental business with a expansion horizon, can consider QL.”

I agree with you “trade view was a very smart fund manager” so my question if trade view called it at RM RM2.40 with TP RM 3.50 in 2015 and sold all at RM 4.30 in 2016. Then what stop them call it in Jan 2018 with TP of RM5 PE 40X and sold all by now? And bought 2019 call (Tradeview 2019) Forward 6 Value Picks for 2019 (TM, PPHB, DKSH, Elsoft, BJ Food & Perstima)

Thank you
28/01/2019 8:57 AM
zhangliang Very true. No more QL in 2019 list by Tradeview bro. Different list and investment calls.

https://klse.i3investor.com/blogs/tradeview/192340.jsp
03/02/2019 3:24 PM
5354_ Why QL? PE low or high growth?
03/02/2019 3:35 PM
5354_ Where Choivo get QL PE 34? Why cannot find in i3?
03/02/2019 3:36 PM
(US/CHN trade war doesn't matter) Philip His long term views and my long term views are different. We see different things, can different things. My question is why sell QL at all in 2016? When they grew the hutan melintang plant, and added more deep sea fishing fleets? I wouldn't be able to explain his analysis especially as he is not in the board of directors. I hold substantially more QL than he does and held it far longer. I'm happy with the dividends I get and the growth prospects I receive.

I bought ql in Dec 2018 at 6.25 because I thought that was a undervalued price that I would not normally be able to get.

For February quarter I will just take a look at the results before deciding.

I might skip investing in QL and reinvest more in topglov or STNE instead. Who knows? I don't know.

But I just think it is very stressful to keep pumping out buy calls and recommendations and hoping someone will buy your private subscription services. It makes one more willing to walk the safe road and not the adventurous one. Who would have die die buy call for Amazon at pe500?

Live by the sword. Die by the sword.
03/02/2019 4:17 PM
Erudite QL expensive that is y. I think TV blv in MOS tts y din call QL anymore
03/02/2019 5:13 PM
qqq3 the job of analysts and sifus is to convince u to take money from your pocket and put into their pocket , its also called commissions.

and ideas is the SOP and the KPI, not the customers well being....that is well known enough.


my analysts son KPI is the number of reports he churns out, not the accuracy of his reports........
03/02/2019 6:18 PM

(Tradeview 2017) - 3 Year Market View Update Version 2

Author: tradeview   |  Publish date: Tue, 26 Dec 2017, 4:33 PM   |  >> Read article in Blog website


As most of you know I have written an earlier piece on this topic back in 2016, the link attached here.

http://www.tradeview.my/2016/03/3-years-view-to-concerned-rotational.html

Summary of my 2016's 3 year view as below : 


My view is this:

1. If you are looking to contra, my advise please stay sidelines.
2. If you can hold 3-6 months, for now it is still export stocks.
3. If you can hold more than 1 year, you can consider O+G, logistics 
4. If you can hold more than 2 years, you can consider textile and apparels,  manufacturing.
5. If you can hold more than 3 years, you should buy property stocks, commodities  
_________________________________________________________________________________

Looking at the time stamp, it is very obvious as one of the earliest writers in 2016 to call a recovery of export stocks and O&G. We called it when it was only March 2016, when these few sectors were at its worst.

1. Most export counters plunge like Liihen plunge to RM1.65 and Pohuat plunge to around RM1.35,

2. Oil Price was at USD 36.79 per barrel for crude oil,

Fast forward to last week of 2017 : 

1. Liihen rebounded from RM1.65 to now RM3.63 (Year high RM4.30) and Pohuat  rebounded from RM1.35 to now RM1.80 (Year high of RM2.06)  

2. Oil Price is at USD 65 per barrel for crude oil (Petronm, Serba Dinamik, Hengyuan among those that rebounded fiercely)

Our stance is to advise all against looking short term. Focus on the long term view and ignore short term volatility and noises. Similarly, 2017 was a tough year. We believe that 2018 will be slightly better. The optimistic side of us would like to think so at least. For those who like to cherry pick at the bottom, there are certain sectors to consider as well at current climate. 

We will follow up with another article soon to review our Top 5 Investment Sector Calls for 2017 to reflect how our view has materialised over the course of the year. This way we can look forward to 2018 with more clarity. 

________________________________________________________________________________

Telegram channel : https://telegram.me/tradeview101

Website / Blog : http://www.tradeview.my/

Facebook : https://www.facebook.com/tradeview101/or 

Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

Food for thought: 


Image result for hindsight quotes



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(Tradeview 2017) - Last Monthly Report Card of 2017 (As at 9th December)

Author: tradeview   |  Publish date: Sat, 9 Dec 2017, 6:26 PM   |  >> Read article in Blog website


Image result for report


Dear fellow traders / investors,

This is the last monthly report card of Tradeview 2017 Public Portfolio. We would like to thank all readers for the support shown through out the whole year. It has been a very strange year but a good one nonetheless. We are thankful for many things, amongst which the steady growth in readership and support by your good selves. We will write a few concluding articles for 2017. Do keep a look out for our post.

Moving into 2018, we will be continuing the practice of recording my calls for the public. The purpose is for transparency and accountability. This is the updated results as of early December. 

For those keen to be a subscriber, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 9th December 2017 : (Gains exclude div) 

1. Poh Huat - Called on 23 December @ RM 1.73 vs Present RM 1.76 (1.7% Gain) 

2. Allianz - Called on 7th Jan @ RM 10.18 vs Present RM 12.56 (23.3% Gain) 

3. EG Industries - Called on @ 9th Jan RM 0.865 (adjusted would be 0.73) vs Present RM 0.665 (-9% Loss) 

4. CCK Consolidated - Called on @ 23rd January RM 0.645 vs Present RM 1.18 (83% Gain) 

5. Magnum - Called on @ 23rd January RM 2.10 vs Present RM 1.76 (-16% Loss) 

6. Paramount Corporation Bhd - Called on @ 1st March RM 1.65 vs Present RM 1.77 (9% Gain) 

7. Scope Industries Bhd - Called on @ 3rd March RM 0.155 vs Present RM 0.20 (29% Gain) 

8. Kronologi Asia Bhd - Called on @ 15th April RM 0.35 vs Present RM 1.00 (285% Gain) 

9. Red Sena Bhd - Called on @ 7th May RM 0.45 vs Present RM 0.465 (3.3% Gain) 

10. Peterlabs Holding Bhd - Called on @ 20th May RM 0.285 vs Present RM 0.275 (-3.5% Loss) 

11. KSSC Corporation Bhd - Called on @ 19th August RM 0.52 vs Present RM 0.41 (-22% Loss) 


Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 34.9% Gain beating the KLCI Index Return of 4.84%  


*** In fairness, I excluded Magni and Yee Lee as both were 2016 Value Picks & MFCB and Jaks as called Nov / Dec 2016

As of now, it is 7/11 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
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(Tradeview 2017) - Monthly Report Card (As at 6th October)

Author: tradeview   |  Publish date: Thu, 19 Oct 2017, 2:53 PM   |  >> Read article in Blog website


Image result for report


Dear fellow traders / investors,

As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2017. The purpose is for transparency and accountability. This is the updated results as of end of Sept. 

For those keen to be a subscriber, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 6th October  2017 : (Gains exclude div) 

1. Poh Huat - Called on 23 December @ RM 1.73 vs Present RM 1.91 (11% Gain) 

2. Allianz - Called on 7th Jan @ RM 10.18 vs Present RM 14.10 (38.5% Gain) 

3. EG Industries - Called on @ 9th Jan RM 0.76 (Post RIghts + Bonus) vs Present RM 0.715 (-6% Loss) 

4. CCK Consolidated - Called on @ 23rd January RM 0.645 vs Present RM 1.02 (58% Gain) 

5. Magnum - Called on @ 23rd January RM 2.10 vs Present RM 1.79 (-15% Loss) 

6. Paramount Corporation Bhd - Called on @ 1st March RM 1.65 vs Present RM 1.73 (4.8% Gain) 

7. Scope Industries Bhd - Called on @ 3rd March RM 0.155 vs Present RM 0.225 (45% Gain) 

8. Kronologi Asia Bhd - Called on @ 15th April RM 0.35 vs Present RM 0.98 (280% Gain) 

9. Red Sena Bhd - Called on @ 7th May RM 0.45 vs Present RM 0.455 (1% Gain) 

10. Peterlabs Holding Bhd - Called on @ 20th May RM 0.285 vs Present RM 0.32 (3.5% Gain) 

11. KSSC Corporation Bhd - Called on @ 19th August RM 0.52 vs Present RM 0.49 (-8% Loss) 


Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 37.52% Gain beating the KLCI Index Return of 7.45%  


*** In fairness, I excluded Magni and Yee Lee as both were 2016 Value Picks & MFCB and Jaks as called Nov / Dec 2016

As of now, it is 8/11 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  lcteh88 likes this.
 

(Tradeview 2017) - Monthly Report Card (As at 31st August)

Author: tradeview   |  Publish date: Sat, 2 Sep 2017, 9:19 PM   |  >> Read article in Blog website


Image result for report


Dear fellow traders / investors,

As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2017. The purpose is for transparency and accountability. This is the updated results as of end August. 

For those keen to be a subscriber, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 31st August 2017 : (Gains exclude div) 

1. Poh Huat - Called on 23 December @ RM 1.73 vs Present RM 1.86 (7.6% Gain) 

2. Allianz - Called on 7th Jan @ RM 10.18 vs Present RM 14.50 (42.4% Gain) 

3. EG Industries - Called on @ 9th Jan RM 0.865 vs Present RM 0.78 (-9.4% Loss) 

4. CCK Consolidated - Called on @ 23rd January RM 0.645 vs Present RM 0.975 (51% Gain) 

5. Magnum - Called on @ 23rd January RM 2.10 vs Present RM 1.90 (-9.6% Loss) 

6. Paramount Corporation Bhd - Called on @ 1st March RM 1.65 vs Present RM 1.80 (9% Gain) 

7. Scope Industries Bhd - Called on @ 3rd March RM 0.155 vs Present RM 0.215 (38.7% Gain) 

8. Kronologi Asia Bhd - Called on @ 15th April RM 0.35 vs Present RM 1.04 (297% Gain) 

9. Red Sena Bhd - Called on @ 7th May RM 0.45 vs Present RM 0.45 (0% Gain) 

10. Peterlabs Holding Bhd - Called on @ 20th May RM 0.285 vs Present RM 0.325 (17.5% Gain) 

11. KSSC Corporation Bhd - Called on @ 19th August RM 0.52 vs Present RM 0.49 (-5.8% Loss) 


Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 39.85% Gain beating the KLCI Index Return of 8.01%  


*** In fairness, I excluded Magni and Yee Lee as both were 2016 Value Picks & MFCB and Jaks as called Nov / Dec 2016

As of now, it is 8/11 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  4 people like this.
 

(Tradeview 2017) Value Pick No. 10 : KSSC Bhd. (5192)

Author: tradeview   |  Publish date: Sat, 19 Aug 2017, 10:55 AM   |  >> Read article in Blog website



Dear fellow readers, 

This is my No. 10 Value Pick for 2017. 

Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :


Website / Blog : http://www.tradeview.my/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com
_____________________________________________________________________________

Value Pick No. 10: K. Seng Seng Corporation Bhd. (Initial Valuation RM 0.68) 


KSSC is a small cap company that has been on our radar for a long time. Even since their IPO, we already liked this company. Of course, since their IPO back in 2010 until now, it has been facing declining profit margins and sideways growth in revenue. This was why we were not too bothered. However, since bottoming out in 2015, KSSC started to slowly improve their earnings specifically their profit margin. This past year, KSSC showed very good improvement YoY as well As QoQ. Even during the weakest 1Q, they managed to deliver profit of RM1.5 million on the back of RM24 mil revenue. 





KSSC checks our boxes in terms of many fundamental metrics indicator. Let me show you all one by one. The improvement can be seen in the past 1 year through the topline and bottomline simultaneously which is quite comforting. This potentially is due to fall in the raw material price which improved the margin. Of course the improvement in sales purchase orders also helped with the topline. So this is not purely a margin gain.




We also like KSSC because it is a net cash company with strong balance sheet. The market cap of KSSC is RM 52 million yet cash holding amount close to RM15 million and doubled YoY. 






This also led to steady increase in dividend distributed back to reward shareholders. Only downside is dividend declared is once a year which is what we dont like about KSSC.




KSSC is actually a hardware trading and distribution company more than anything else. Some say it is a building material company, some say it is a steel company which are common misconception. Actually it is also because the company does not have an official website or Investor Relations page. Hence it is quite an under the radar company away from the limelight. But this is exactly the kind of company we like to look at. Here you can see the main revenue contributors are the stainless steel,  marine hardware and industrial hardware segment.





The management also clearly shared their business improvement due to lower cost of sales and increased in sales orders following the renewal with existing company as well as new orders. Of course there is a dip in the engineering works segment. However, from the message in the annual report, it would seem that this work in progress may commence contribution soon. If that happens, KSSC will perform even better moving forward. 






Despite the improvement in revenue and profit, the valuation of KSSC is currently undemanding. In fact, we deem it undervalued. The NTA is 81 sens, with a DY of 2.8% coupled with net cash close to 0.28 per share and at current share price of 52 sens, the PER is only 9x. We deem the fair valuation to be at 12.5x multiple taking into account of the DY and net cash position plus improvement in topline. As such, our initial valuation of KSSC would be 68 sens. Looking at the chart, the share price is at a healthy level for entry as well.  Barring unforeseen circumstances, we like KSSC as our next value pick. 





________________________________________________________________________________

Telegram channel : https://telegram.me/tradeview101

Website / Blog : http://www.tradeview.my/

Facebook : https://www.facebook.com/tradeview101/or 

Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

Food for thought: 
Image result for good stock market quotes

Labels: KSSC
  5 people like this.
 
tradeview Finally the rerating we have been waiting for. Big jump and hit a high of 76 sens. Enjoy the profits all
07/03/2018 9:17 AM
dompeilee ONE day pump & dump...luckily I sold ALL & repurchased in the low 40s again ^_^
05/04/2018 6:03 PM

(Tradeview 2017) - Monthly Report Card (As at 30th July)

Author: tradeview   |  Publish date: Sun, 30 Jul 2017, 5:06 PM   |  >> Read article in Blog website


Image result for report


Dear fellow traders / investors,

As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2017. The purpose is for transparency and accountability. This is the updated results as of end July. 

For those keen to be a subscriber, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 30th July 2017 : (Gains exclude div) 

1. Poh Huat - Called on 23 December @ RM 1.73 vs Present RM 1.93 (11.6% Gain) 

2. Allianz - Called on 7th Jan @ RM 10.18 vs Present RM 14.66 (44% Gain) 

3. EG Industries - Called on @ 9th Jan RM 0.865 vs Present RM 0.83 (-4.1% Loss) 

4. CCK Consolidated - Called on @ 23rd January RM 0.645 vs Present RM 0.92 (42.6% Gain) 

5. Magnum - Called on @ 23rd January RM 2.10 vs Present RM 1.73 (-17.7% Loss) 

6. Paramount Corporation Bhd - Called on @ 1st March RM 1.65 vs Present RM 1.80 (9% Gain) 

7. Scope Industries Bhd - Called on @ 3rd March RM 0.155 vs Present RM 0.235 (51.6% Gain) 

8. Kronologi Asia Bhd - Called on @ 15th April RM 0.35 vs Present RM 0.71 (102% Gain) 

9. Red Sena Bhd - Called on @ 7th May RM 0.45 vs Present RM 0.455 (1.1% Gain) 

10. Peterlabs Holding Bhd - Called on @ 20th May RM 0.285 vs Present RM 0.345 (21% Gain) 


Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 26.11% Gain beating the KLCI Index Return of 7.64%  


*** In fairness, I excluded Magni and Yee Lee as both were 2016 Value Picks & MFCB and Jaks as called Nov / Dec 2016

As of now, it is 8/10 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  2 people like this.
 

(Tradeview 2017) - Monthly Report Card (As at 30th June)

Author: tradeview   |  Publish date: Sat, 1 Jul 2017, 1:27 PM   |  >> Read article in Blog website


Image result for report


Dear fellow traders / investors,

As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2017. The purpose is for transparency and accountability. This is the updated results as of end June. 

For those keen to be a subscriber, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 30th May 2017 : (Gains exclude div) 

1. Poh Huat - Called on 23 December @ RM 1.73 vs Present RM 1.95 (12.7% Gain) 

2. Allianz - Called on 7th Jan @ RM 10.18 vs Present RM 12.90 (26.7% Gain) 

3. EG Industries - Called on @ 9th Jan RM 0.865 vs Present RM 0.815 (-9.4% Loss) 

4. CCK Consolidated - Called on @ 23rd January RM 0.645 vs Present RM 0.87 (34.9% Gain) 

5. Magnum - Called on @ 23rd January RM 2.10 vs Present RM 1.73 (-17.7% Loss) 

6. Paramount Corporation Bhd - Called on @ 1st March RM 1.65 vs Present RM 1.84 (11.5% Gain) 

7. Scope Industries Bhd - Called on @ 3rd March RM 0.155 vs Present RM 0.22 (41.9% Gain) 

8. Kronologi Asia Bhd - Called on @ 15th April RM 0.35 vs Present RM 0.565 (61.4% Gain) 

9. Red Sena Bhd - Called on @ 7th May RM 0.45 vs Present RM 0.45 (0% Gain) 

10. Peterlabs Holding Bhd - Called on @ 20th May RM 0.285 vs Present RM 0.32 (12.2% Gain) 


Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 17.42% Gain beating the KLCI Index Return of 7.43%  


*** In fairness, I excluded Magni and Yee Lee as both were 2016 Value Picks & MFCB and Jaks as called Nov / Dec 2016

As of now, it is 7/10 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  3 people like this.
 

(Tradeview 2017) - The Fallacy of Money Game VS Hard Work

Author: tradeview   |  Publish date: Sun, 11 Jun 2017, 2:53 PM   |  >> Read article in Blog website


Image result for money games malaysia


Dear fellow readers, 

Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :


Telegram channel : https://telegram.me/tradeview101

Website / Blog : http://www.tradeview.my/

Facebook : https://www.facebook.com/tradeview101/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

_____________________________________________________________________________

We have received several emails by our avid readers. They have been asking how come we have not written in awhile on financial advice articles. It is true, our latest two articles was on Peterlabs as Value Pick of 2017 and May Monthly Report Card, we have not been posting any articles. There is a reason for this, and it is because of the surge in fake rumours, promotional articles and fake publicity, we do not wish to be associated with these parties, hence reduced our writing. However, due to the recent proliferation on  "Money Game" victims, we feel it is necessary for us to share our views on this as a to provide caution to the general mass. 


Image result for money games malaysia

By now, I think most people are familiar with JJPTR. They used the premise that their goal is to save the poor and help the public attain wealth. Instead it is a total conjob and scam. My question is, why would anyone fall for this? How can anyone in the world believe these people's nonsense? 

Image result for robin hood


The picture above is Robin Hood. For those who are not familiar, Robin Hood is a folk hero of Sheffield who helped the poor by robbing from the rich during Prince John's reign in the absence of King Richard who was off on to war. People were suffering due to low income, high tax, starvation etc. Come to think of it, while Malaysia is not that bad, fact of the matter is, for the past few years, income of the people have been stagnant while inflation is high (property, car, food etc), GST was imposed,  weak MYR and many others. Hence, many people started to think of alternative ways to increase their income such as driving Grab or Uber, teaching tuition, working 2-3 extra jobs / shifts etc. These are the hardworking, honest and grounded individuals. 

Image result for grab vs uber  

Others turn to "Get Rick Quick Schemes",  speculating in the share market, FOREX and all. Is it wrong wanting to invest in the share market? No. However, speculating in the share market thinking it will lead you to wealth and prosperity or putting your money in schemes and expecting more than 100% return in 1 year for doing absolutely nothing is a huge mistake. 

We often hear, ordinary salarymen will never be rich except the few who reach the top of the corporate ladder. Only way to get out of the rat race is to invest wisely. We too believe in this adage, which is why we often advocate the right way of investing. NOT speculating. The situation has been getting out of hand in the past few months with many Telegram channels, groups, articles promoting lousy goreng stocks and misleading the public into investing in these counters. Many of these groups have their ulterior motives. Yet, over and over, people still fall for these.

Hence, we would like to share with you all few simple points to remember in avoiding avoid these pitfalls in your investment journey. 

Image result for buffett soros


1. 20% Per Annum Return 

This is very important number. Two of the most successful investors in the world today Warren Buffet and George Soros have been successful because they have delivered an average portfolio return to their clients 20% per annum over a long duration. It does not mean they deliver 20% every year but in the course of the entire investment timeline, their average is so. They are also respected not because of the return % but because of their consistency. So if anyone comes to tell you that they can give you 20% return in 1 month, it is a RED FLAG for it being SCAM. Stay away and do not look back. All enquirers and subscribers who ask Tradeview team if we can assure them 20% return, our reply will be, a good fund manager would be very happy with above 10% portfolio return per annum. Anything above is a bonus. 

Image result for IWCITY


2. Buy on Rumour, Sell on News

We are quite sure everyone of you all have heard this phrase before. We do not dispute this saying. My only question to all who invest based on this philosophy, how sure are you that when you hear of this rumour, you are at the early stage and not one the latest? By the time the rumour reaches ordinary people on the street, you should be wary and listen to this rumour with a pinch of salt. Sometimes, these rumours are deliberately shared by operators /  promoters intending to trap unknowing retailers. A very simple test, ask yourself, do your uncle in the park or relative at the dining table know about this rumour? If yes, it is a sign to stay away. Additionally, investing based on rumour and hearsay is the most dangerous form of investment. In fact, it is not investing. It is speculating. Speculating is akin to gambling. For the thrill, sure. To get rich and achieve financial freedom, 0 chance.  

Ex in 2017 : IWCITY & Bandar Malaysia deal being called off. This is a classic example of investing in a fundamentally poor company but relying on the future prospect to justify the share price valuation at RM3. Even the owner came out to say the company would be worth RM5. How much is IWCITY now? If you look back at Tradeview telegram channel, we have REPEATEDLY warn our readers against putting money in IWCITY based on this news alone. Many other channels were promoting heavily IWCITY. What happened to those investors?

Image result for genneva gold

3. Guaranteed Return on Investment

We have talked about this before in an earlier article sometime back in 2016. Link as attached https://klse.i3investor.com/blogs/tradeview/115393.jsp 

Placing your funds in Fixed Deposit is the closest thing to guarantee. However, when it come to investing, the word in itself carries an element of risk. It requires certain market condition which allows one to enjoy the margin of return between time of investing and time of realising the investment. Ex: Buying a property in good location and a fundamentally sound stock during crisis and selling when the economy has recover. It requires a lot of hard work, foresight, guts and appetite. Even after having all the necessary qualities and factors in place, nothing is guaranteed. 

Many "schemes" that guarantee returns have left the so called investors in tough situations like Genneva, ZhangJian, JJPTR, Skim Cepat Kaya etc

Image result for best investment in education

4. Education

There is no end to learning. We are learning something new from different individuals and life experiences. The day one should stop learning is the day our utility runs out. They always say, the best investment is education. As long as it is proper education, and you learn something good, then it is a worthwhile investment. Personal development is very important. So long as you keep improving yourself, you will never be irrelevant. Think of it as a software update like your Iphone / Android. Best thing, no one can ever take it away from you.

Image result for greed is good

5. Greed is Good. Or is it?

This is a famous saying of Wall Street movie back in 1980s. We do agree to some extent. A small amount of greed acts as good driving force towards achieving something. But an overdose of greed leads to crime and corruption. It also brings along downfall. Those who fall victim to SCAMS and conjobs are because their greed blinded their ability to see the truth. Regardless of what advice people have shared with them, they cannot see and they may even think why are you stopping them from achieving success. Tradeview team always encourage our readers to take profit if they are happy. While we have our own Target Price, we always remind the readers if you are happy, sell. Not sure, sell half, hold half. If you intend to ride, please set trailing stop. Everyone has their own risk appetite and threshold. Most importantly, be happy and contented with a gain. A gain is still a gain.   

Image result for hard work pays off

6. Hard Work



This is no substitute for hard work in life. It is true, some systems in the world do not reward those who work hard, honest and decent. That is the flaw of the system. However, if one do not work hard, one do not stand a chance at all. Working hard gives your the opportunity to make something of yourself. However, if you sit back and wait for a handout, you are denying yourself that opportunity. 

Ex: Going into the forum, reading comments and investing your money based on comments into the stock then waiting to sell on contra period WiLL NOT make you successful

VS 

Analysing, studying annual report, reading the charts, looking at historical prices, read research reports, articles, doing site visit to corroborate your investment thesis WILL make you successful. 

Image result for financial freedom
   
Conclusion 

Be true to yourself. Investing for financial freedom is a life long journey. It is not gambling. It takes a lot of hard work, patience, discipline and focus. If you can commit yourself to finding value in the market and investing as if you are a part owner, you are investing the right way. 
_________________________________________________________________________________

To follow us: 

Website / Blog : http://www.tradeview.my/


or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com


Food for thought: 

Image result for hard work pays off
  6 people like this.
 
Alex™ tq for sharing.
11/06/2017 4:19 PM
4444 If the PIC is KC Chong how? He keep boasting himself of high return in i3. Question is KC as rich as Warren Buffet and George soros?

1. 20% Per Annum Return

This is very important number. Two of the most successful investors in the world today Warren Buffet and George Soros have been successful because they have delivered an average portfolio return to their clients 20% per annum over a long duration. It does not mean they deliver 20% every year but in the course of the entire investment timeline, their average is so. They are also respected not because of the return % but because of their consistency. So if anyone comes to tell you that they can give you 20% return in 1 month, it is a RED FLAG for it being SCAM. Stay away and do not look back. All enquirers and subscribers who ask Tradeview team if we can assure them 20% return, our reply will be, a good fund manager would be very happy with above 10% portfolio return per annum. Anything above is a bonus.
11/06/2017 5:56 PM

(Tradeview 2017) - Monthly Report Card (As at 31st May)

Author: tradeview   |  Publish date: Thu, 1 Jun 2017, 6:45 PM   |  >> Read article in Blog website


Image result for report

Dear fellow traders / investors,

As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2017. The purpose is for transparency and accountability. This is the updated results as of end March. 

For those keen to be a subscriber, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 31 May 2017 : (Gains exclude div) 

1. Poh Huat - Called on 23 December @ RM 1.73 vs Present RM 1.81 (4.6% Gain) 

2. Allianz - Called on 7th Jan @ RM 10.18 vs Present RM 12.50 (22.8% Gain) 

3. EG Industries - Called on @ 9th Jan RM 0.865 vs Present RM 0.855 (-1.2% Loss) 

4. CCK Consolidated - Called on @ 23rd January RM 0.645 vs Present RM 0.96 (48.8% Gain) 

5. Magnum - Called on @ 23rd January RM 2.10 vs Present RM 1.71 (-19% Loss) 

6. Paramount Corporation Bhd - Called on @ 1st March RM 1.65 vs Present RM 1.8 (9.1% Gain) 

7. Scope Industries Bhd - Called on @ 3rd March RM 0.155 vs Present RM 0.245 (58% Gain) 


8. Kronologi Asia Bhd - Called on @ 15th April RM 0.35 vs Present RM 0.47 (34% Gain) 

9. Red Sena Bhd - Called on @ 7th May RM 0.45 vs Present RM 0.455 (1.1% Gain) 

10. Peterlabs Holding Bhd - Called on @ 20th May RM 0.285 vs Present RM 0.31 (8.8% Gain) 


Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 16.70% Gain beating the KLCI Index Return of 7.28%  


*** In fairness, I excluded Magni and Yee Lee as both were 2016 Value Picks & MFCB and Jaks as called Nov / Dec 2016

As of now, it is 8/10 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  5 people like this.
 
HaoRan Great one Tradeview! :)
01/06/2017 7:49 PM
VenFx Tradeview sifu, Rooster EGgs shall be the brightest Crown by 2nd half of 2017....yaa :)
01/06/2017 8:02 PM
Sebastian Sted Power Tradeview sifu, please recommend and review new counter
02/06/2017 11:48 PM

(Tradeview 2017) Value Pick No. 9 : Peterlabs Holdings Bhd. (0171)

Author: tradeview   |  Publish date: Sun, 21 May 2017, 3:08 PM   |  >> Read article in Blog website


Image result for peterlabs
Dear fellow readers, 

This is my No. 9 Value Pick for 2017. 

Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :


Website / Blog : http://www.tradeview.my/

or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com
_____________________________________________________________________________

Value Pick No. 9: Peterlabs Holdings Bhd. (Initial Valuation RM 0.40) 

While we are familiar with many stocks in the KLCI, however, there are times some stocks will just slip our radar. We manage to catch hold of this only because one of our subscriber picked this up and asked us about it. 

Once again, we will give an upfront warning, as this is a small cap stock, this stock has higher risk compared to our other value picks. So for those who have low risk tolerance, you can skip this.  Peterlabs is in the business of manufacturing varieties of animal health products, animal nutritional feed additive and veterinary pharmaceutical to serve the livestock industry. It has its own R&D facilities and team which develop award winning products in this sector. 

We like Peterlabs for its track record of over 30 years and market leading position on supplying animal nutrition and health products to the poultry farms locally and abroad such as Pakistan and Taiwan. Due to its niche sector, the barriers of entry is higher as it requires technical expertise and experienced veterinarians. 

For the past 5 years, Peterlabs has consistently delivered continuous growth in revenue and positive bottomline. Looking at the revenue trend, the trajectory has been amazing with growth of more than 10%+ per annum. However, despite the growth in revenue, it did not translate to the bottomline due to the narrowing profit margin every year. The latest  financial year, Peterlabs delivered RM83 million in revenue but only RM3.3 million in net profit which is lesser than even 5 years ago. As you are reading, you must be wondering why would we call Peterlabs as our value pick then? This is because the key is in the details, not what meets the eyes. 



Looking at the profit trend, one would be depressed. Because no matter how strong the revenue grew, the profit could not follow in tandem. However, this is in part due to capacity as well as FOREX. The company has been consistently expanding their plant and facilities to manufacture more, incurring higher expense as well penetrating new regions through marketing activities. While it was time for them to reap some rewards, the weaker MYR affected their bottomline as their raw materials required import. The company faced eroding margin, but at least it is still a decent 4%. We believe with the MYR finding a bottom and the new plant coming on soon, the company should be able to improve its profit margin for this coming financial year. 



Nonetheless, this respectable management continue to declare dividend to reward shareholders through the ups and downs. No matter how bad things are, they will still declare dividend. This is a rare feat among listed companies these days where many has no respect for the company's dividend policy. The latest dividend declared was 0.7 sens which is equivalent to a Dividend Yield of 2.5%. For a penny stock that is still growing, this is very generous of the company. Some bigger caps stock cant even declare 2.5% dividend.




We like Peterlabs for many reason. Firstly, it has a management which is professional and competent. Although they faced many challenges including higher operating cost, FOREX exposure, they still manage to maintain profitability throughout the years. Secondly, it is in a sector with high barriers of entry and shows actual revenue growth. So long they can rationalise their operational cost, they should be able to improve their bottomline. Thirdly, the company is expanding with a new factory and looking to penetrate new markets. Hence, we believe the future prospect is intact. We are cautiously optimistic for it to improve its profitability in the coming QR. The 2017 prospects by Peterlabs looks promising as well. Given the management confidence of being able to deliver a positive performance to FY 2017, I think it is worthwhile to consider investing in the company for the long term basis. If Peterlabs successfully pulls it off, there may be a re-rating to the stock. 




Another point to note is a substantial shareholder recently bought back a huge position. http://www.fatfish.co/





With the latest QR, it is now consolidating at near the 52 week high. If Peterlabs can maintain their growth, there is no reason it cannot challenge it's 52 week high. Currently at 28.5 sens, it is trading at a multiple of 17.7x. It's NTA stands at 19 sens with ROE of 8.53% for the past year. We believe in the mid to long term growth trajectory of Peterlabs and estimate the coming full year result with EPS between 1.8 to 2.2 sens. Applying a multiple of 20x (factor in the net cash position and the 2.5% DY), there is a possibility that it can move towards 40 sens. For now, this will be the initial TP pending observations of coming quarter results. 

*Please note this is a penny stock with erratic earnings. Hence the risk is higher. For those who do not have such appetite, feel free to skip.
________________________________________________________________________________

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Website / Blog : http://www.tradeview.my/

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Food for thought: 
Image result for stock market quotes

Labels: PLABS
  2 people like this.
 
zhangliang thanks
23/05/2017 3:34 PM
tradeview Latest QR on Peterlabs
http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0171
31/05/2017 5:44 PM

(Tradeview 2017) Value Pick No. 8 : Red Sena Bhd. (5270)

Author: tradeview   |  Publish date: Sun, 7 May 2017, 10:42 AM   |  >> Read article in Blog website



Dear fellow readers,  

This is my No. 8 Value Pick for 2017. 

Once again, these writings are just my humble highlights (not recommendation), feel free to have some intellectual discourse on this. You can reach me at :



Website / Blog : http://www.tradeview.my/


or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com

______________________________________________________________________

Value Pick No. 8: Red Sena Berhad (Initial Valuation RM 0.50 - RM0.55 sens) 

This is the first time we called for a SPAC related counter. SPAC stands for special purpose acquisition company. RedSena primarily is in the sector of F&B. The reason we are interested in RedSena is due to the arbitrage opportunity play. 

This is a rather safe investment. The risk to reward ratio is there with limited downside. For those feeling jittery about the market conditions, we think it is a good idea to look at Red Sena. Based on our calculations, investors stand to earn ~6.4% return p.a., assuming an entry price of 45sen.

Date
Share Price /
Fair Value
Total Return
Annualized Return
Apr-17
0.450
Dec-17
0.488
8.4%
9.7%
Dec-18
0.503
11.7%
6.4%


Do recall, the IPO price for Red Sena was 50sen and 92% of the IPO proceeds (i.e. 46sen) was set aside into a trust account to acquire a suitable F&B business over a 3 year period (Dec 2015 - Dec 2018). In the event that management fails to identify any potential target within this timeline, the money in the trust account, including interests earned, will be distributed back to investors.

On the flip, if Red Sena develops a liking for an F&B business and propose for an acquisition, investors can still get back their money by voting 'NO' during the EGM. To note, the quicker that this event occurs, the annualized return to investors is higher as well. On a per share basis, we estimate that the cash amount is 48sen and 50sen at Dec-2017 and Dec-2018 respectively.

We think this is a relatively safe investment strategy to adopt, especially for yield seeking/risk adverse investors. That said, if the company identified by Red Sena provides an entry into an exciting/high growth F&B business, we believe further share price upside is possible.

Overall, we advise investors not to jump into the bandwagon by simply buying Red Sena at the market offer price as it would lower your total return - every 0.5 sens could potentially lower your total return by 1%. Hence, one should patiently look to accumulate this stock.

From the management, side the company consists of a team of F&B professionals with substantial experience in their respective fields. From how we look at it, the team running the company is very professional. For SPAC, because it is in effect a shell company, the management team is crucial as they are the one who will determine the direction of the acquisition and path of the company. Having a strong management, will set it on strong footing compared to other SPACs.






Based on the latest news flow, Red Sena is looking to acquire the business in Vietnam and currently have made a list of 50 potentials. The management is looking to close the deal by early 2018.  You can refer to the relevant news here:

http://www.thestar.com.my/business/business-news/2017/02/15/red-sena-sets-its-sights-on-vietnam/

*Please note this is a SPAC stock. For those who do not have such appetite, feel free to skip.
______________________________________________________________________


Website / Blog : http://www.tradeview.my/


or Email me to sign up as private exclusive subscriber : tradeview101@gmail.com


Food for thought: 
Labels: RSENA
  3 people like this.
 

(Tradeview 2017) - Monthly Report Card (As at 30th April)

Author: tradeview   |  Publish date: Sun, 30 Apr 2017, 8:22 PM   |  >> Read article in Blog website


Image result for report


Dear fellow traders / investors,

As in the past years, I will be continuing the practice of recording my calls for the public. The report will show the monthly record for year 2017. The purpose is for transparency and accountability. This is the updated results as of end March. 

For those keen to be a subscriber, there are several links below





This is just a simple periodical report to keep track of the progress of my picks for readers. Feel free to cross check my public comments / article posting date as reference for the calls. Some are calls, some are articles on value picks but all are documented.
_________________________________________________________________________ 

*The picks from when it was call until 30th April 2017 : (Gains exclude div) 

1. Poh Huat - Called on 23 December @ RM 1.73 vs Present RM 1.83 (5.8% Gain) 

2. Allianz - Called on 7th Jan @ RM 10.18 vs Present RM 11.48 (12.7% Gain) 

3. EG Industries - Called on @ 9th Jan RM 0.865 vs Present RM 0.855 (-0.02% Loss) 

4. CCK Consolidated - Called on @ 23rd January RM 0.645 vs Present RM 0.715 (10.8% Gain) 

5. Magnum - Called on @ 23rd January RM 2.10 vs Present RM 2.10 (0% Gain) 

6. Paramount Corporation Bhd - Called on @ 1st March RM 1.65 vs Present RM 1.82 (10.3% Gain) 

7. Scope Industries Bhd - Called on @ 3rd March RM 0.155 vs Present RM 0.245 (58% Gain) 

8. Kronologi Asia Bhd - Called on @ 15th April RM 0.35 vs Present RM 0.48 (37% Gain) 

Our Average Portfolio Gain Year-To-Date (Based on equal shareholding & excluding dividend gain) : 16.83% Gain beating the KLCI Index Return of 7.69%  

*** In fairness, I excluded Magni and Yee Lee as both were 2016 Value Picks & MFCB and Jaks as called Nov / Dec 2016

As of now, it is 6/8 winners against losers. Should you are keen to follow my trades, there are 4 ways to follow Tradeview Group. I usually share my calls with :

1. Private Exclusive Subscribers first
2. Website / Blog / Facebook second
3. Telegram Public Channel third
4. Forum last 

If you are keen to have the earliest possible call picks or FA/TA coaching or value investing guidance or to be private exclusive subscriber, feel free to contact me at tradeview101@gmail.com to sign up. Thanks. 

Regards, 

Tradeview 

**Some counters I may have spotted at lower entry price but I displayed the call price based on my first mention in public forums. Also, of all the counters above, some counters I have taken profit, some are still holding, some I have cut loss. My private subscribers would know. 
  5 people like this.
 


 

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