Koon Yew Yin's Blog

DAYANG: When Did I Start to Buy And When Will I Sell - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 26 Feb 2019, 12:49 PM
Koon Yew Yin
0 1,412
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin
Following Message

When did I start to buy? 

KYY Golden rule for share selection:

The company must report profit growth for 2 consecutive quarters before I decide to buy it. Moreover, it must be selling below PE 10.

Among all the criteria such as NTA, Cash flow, dividend yield, debts, liabilities, cash in fix deposit, profit etc profit growth prospect is the most powerful catalyst to move share price.

Dayang is a good example. When I saw its profit growth for its 2 consecutive quarters 2nd and 3rd quarter which complied with my golden rule, I started to buy it.

When it reported 10.13 sen for its 4th quarter, its share price shot through the roof. 

When will I sell?

I will start to sell as soon as I see the company report less or reduce profit for 2 consecutive quarters. You must bear in mind that many company’s product or services are seasonal. I will not simply sell, when I see the company reported reduced profit for 1 quarter because its product or services may be seasonal.

I will also sell if I can find a share which has a better profit growth prospect than Dayang. Up till now, I have not found one.

Note: No share can go up or come down continuously for whatever reason. After some time, it will correct itself as some investors will start to sell to take profit. After it has dropped for some time, some cash rich investors will start to buy to push the price up again.  

To be really successful, investors must also have some knowledge of financial and technical analysis, understanding of human nature and business sense.  

In any case, I believe Dayang has a long way more to go.   

 

 

DAYANG (5141)
Related Stocks
Market Buzz

2024-04-19

DAYANG

Forum

3 New Comments

More articles on Koon Yew Yin's Blog
How can KSL double its profit? - Koon Yew Yin

Created by Koon Yew Yin | Apr 18, 2024

After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.

Why Sabah will leave Malaysia - Koon Yew Yin

Created by Koon Yew Yin | Mar 29, 2024

Currently Sabah Government does not know that solar panel produces the cheapest electricity???

Malaysia can be one of the richest nations in the world - Koon Yew Yin

Created by Koon Yew Yin | Mar 23, 2024

During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

All property developers have just announced their annual profit for 2023. All of them reported increased profit.

My contribution as an Engineer - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.

What can KSL can do to benefit shareholder? - Koon Yew Yin

Created by Koon Yew Yin | Mar 01, 2024

What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...

All Investors require Anticipation - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.

Property developers share prices comparison based on latest EPS - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

KSL is the cheapest in terms of PE ratio. KSL Holdings Bhd is a holding company. It is engaged in real estate services.

Malaysia’s economy will grow faster than expected - Koon Yew Yin

Created by Koon Yew Yin | Feb 26, 2024

Several economists and local industry representatives are confident that Malaysia’s gross domestic product (GDP) growth will strengthen this year, despite easing in the final quarter of last year.

KSL made a new high of RM 1.33 - Koon Yew Yin

Created by Koon Yew Yin | Jan 08, 2024

KSL price chart is super bullish as shown below. KSL last traded at Rm 1.33.

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment