8 June 2020
When an investor buys a share, he expects to make profit from dividend yield and share price increase. All the listed companies in Malaysia give out less than 6% dividend per year. Investors always expect to make more money from the share price increase, provided they know how to select shares that can go up in price.
Among all the criteria such as NTA, cash flow, yield, debts, net cash etc the most important is EPS growth which is the most powerful catalyst to push up share price. Never buy based on NTA or net cash of the company because the company will not simply give out some of the company’s assets or cash to the shareholders.
I have formulated my share selection golden rule. Never buy any share if it cannot report 2 quarters of increasing profit. The following companies namely MBMR, Master Pack, Deleum, Jaks, T Guan, Mah Sing, Teo Seng and Berjaya do not comply with my share selection golden rule which you should not buy.
Never buy any share because it has been dropping for a long time and you hope it will soon rebound. For example, all property counters will continue to drop for a long time because of oversupply.
Never buy any share in anticipation that the company will soon make more profit. I am ashamed to admit my most expensive mistake in buying Jaks in anticipation of its future profit from its power generation plant in Vietnam and ignore its huge property investment holdings.
All investors should check their holdings to see if they comply with my golden rule.
You can see the name of the company followed by its results for 4 quarters.
MBMR 4Q result
Created by Koon Yew Yin | May 13, 2024
Eversendai Corporation Berhad recently reported its earnings results for the fourth quarter ended December 31, 2023. Here are the key financial highlights:
Created by Koon Yew Yin | May 06, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 30, 2024
As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.
Created by Koon Yew Yin | Apr 22, 2024
Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:
Created by Koon Yew Yin | Apr 22, 2024
Sendai price chart below is showing its price trend reversal. It is hitting a record high.
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.
Created by Koon Yew Yin | Mar 29, 2024
Currently Sabah Government does not know that solar panel produces the cheapest electricity???
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.
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.
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.