THE INVESTMENT APPROACH OF CALVIN TAN
A look at L&G results (Calvin Tan)
calvintaneng
Publish date: Tue, 11 Jul 2017, 10:46 PM
calvintaneng
0 1,866
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Hi guys,
Let's take a look at L&G results
Latest quarter results - No.1
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Dec 2016
|
31 Dec 2015
|
31 Dec 2016
|
31 Dec 2015
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
7,204
|
39,236
|
34,813
|
157,867
|
| 2 | Profit/(loss) before tax |
18,006
|
7,953
|
54,376
|
51,305
|
| 3 | Profit/(loss) for the period |
14,867
|
5,281
|
42,721
|
38,682
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
15,900
|
5,849
|
36,457
|
40,068
|
| 5 | Basic earnings/(loss) per share (Subunit) |
1.42
|
0.54
|
3.30
|
3.69
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.6392
|
0.6380
|
||
Latest quarte results - No. 2
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Sep 2016
|
30 Sep 2015
|
30 Sep 2016
|
30 Sep 2015
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
15,713
|
47,236
|
27,609
|
118,631
|
| 2 | Profit/(loss) before tax |
21,395
|
16,022
|
36,370
|
43,352
|
| 3 | Profit/(loss) for the period |
15,643
|
12,701
|
27,854
|
33,401
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
10,277
|
13,106
|
20,557
|
34,219
|
| 5 | Basic earnings/(loss) per share (Subunit) |
0.93
|
1.21
|
1.87
|
3.17
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.6253
|
0.6380
|
||
Latest quarter results - No. 3
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Jun 2016
|
30 Jun 2015
|
30 Jun 2016
|
30 Jun 2015
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
11,896
|
71,395
|
11,896
|
71,395
|
| 2 | Profit/(loss) before tax |
14,975
|
27,330
|
14,975
|
27,330
|
| 3 | Profit/(loss) for the period |
12,211
|
20,700
|
12,211
|
20,700
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
10,280
|
21,113
|
10,280
|
21,113
|
| 5 | Basic earnings/(loss) per share (Subunit) |
0.94
|
1.96
|
0.94
|
1.96
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.6459
|
0.6380
|
||
Latest quarter results - No. 4
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
31 Mar 2016
|
31 Mar 2015
|
31 Mar 2016
|
31 Mar 2015
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
184,194
|
56,368
|
342,061
|
465,366
|
| 2 | Profit/(loss) before tax |
76,039
|
6,436
|
127,344
|
192,338
|
| 3 | Profit/(loss) for the period |
53,083
|
1,988
|
91,765
|
143,414
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
54,982
|
7,096
|
95,050
|
105,428
|
| 5 | Basic earnings/(loss) per share (Subunit) |
5.03
|
0.67
|
8.75
|
11.93
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.02
|
0.02
|
0.02
|
0.02
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.6385
|
0.5823
|
||
Total of last one year (total 4 quarter results)
5.03 + 0.94 + 0.93 + 1.42 = 8.32 sen
Closing price of L&G as at 11th July 2017 is 21 sen
So let's calculate it"s P/E
= 21 divided by 8.32 sen
= 2.52 (PE for L&G is only 2.52)
And what is its Growth Rate?
So 8.32 sen divides by 21 sen
= 39.6% (Whoppee!!)
So in less than 3 years you can double your monies in L&G!
Is this the Powerful Growth Factor that made Tan Choy Koay, PHEIM BOSS to take 3 Top positions in L&G in his 3 PHEIM Funds?
The reason why Tan Chong Koay bought into Pentamaster was because Penta Master directly or indirectly supply parts for Apple iphones. The growth was exceptional. So Penta share price up a 200%
Wait a minute!
Do I hear someone protest that 21 sen is after capital exercise Rights Issue Price.
Ok, Ok so we take the pre crash price of 37 sen for L&G to recalculate again
So 37 divided by 8.32 sen = 4.44 (so L&G has a P/E of 4.4)
What about its yield?
8.32 divides by 37
= 22.4% yield
So in less than 5 years you will still see your monies double in L&G
22% is 5 times more than Bank F/D
And with yearly dividend yield of 2 sen with price now at an all time low of 21 sen you are getting a nice 9.5% yield
This is more than twice that of Bank interest!
And what about its NTA?
21 sen with NTA of 58 sen = 0.36% price to book value
Or at 21 sen with NTA of 58 sen
L&G is selling at a Whpping 64% Discount to NTA. This meets the requirement of Ben Grahan of at least 30% discount to NTA for Margin of Safety.
So by All Yarsticks
P/E 2.52 or 4.44
Dividend yield of 9.5%
Discount of 64% to NTA
L&G (Land & Gold) is an outright buy.
What if buying at 21 sen price still go down further?
Calvin confidently tell you this from experience
JUST BUY MORE IF L&G GO DOWN FUTHER.
See
Calvin called for a buy on Jaks at 40 sen on DECEMBER 16th 2014
Posted by calvintaneng > Dec 16, 2014 03:00 PM | Report Abuse 
X
Whoa!
Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!
So don't wait or else Jaks jump Jump JUMP Up And Away!
And after December 16th 2014
Jaks continued to drop to 38.5 sen
See
Posted by zaiabas > Dec 18, 2014 11:11 PM | Report Abuse
Bought at 38.5...
SEE ZAIABAS bought Jaks even cheaper at only 38.5 sen on December 18th 2014 - 2 days later.
So Calvin bought Jaks at 40 sen
Zaiabas bought Jaks even cheaper than Calvin at 38.5 sen.
So kudos to Zaiabas who was greedy when others were fearfully selling Jaks from 40 sen to 38.5 sen
CONGRATULATIONS!
CONGRATULATIONS!!!!!!!!!!
TO ALL WHO BOUGHT L&G TODAY FROM 21.5 SEN TO EVEN LOWER PRICE AT 21 SEN!
YOU HAVE DONE GREAT!!
YOU BOUGHT CHEAPER THAN CALVIN WHO BOUGHT AT 22 SEN!!
See
Last time ONE PROMINENT INVESTOR GAVE A CALL TO BUY LATITUDE AT RM7.00
(ha! he later claimed that he bought Latitude at only Rm1.00) Where got tell fellow i3 Forumers to buy Latitude at Rm1.00??? (Calvin searched & searched & cannot find it leh?)
Then Latitude pumped up to a high of Rm8.00 & then crashed to Rm5.00
No! No! No!
Calvin dare to tell you his purchase price - bought L&G from 21.5 sen to 22 sen
SO CALVIN TAN RESEARCH tells YOU to buy low & sell high
(Not buy high and try to sell higher. Or worst - buy high and sell low? like buying Mudajaya at Rm2.60 & sell below Rm1.00 or buy JayaTiasa at Rm2.60 and sell below Rm1.10?)
BE WISE NOW & WAKE UP!!
YOU MUST BUY WHEN THERE IS BLOOD ON THE STREETS LIKE NOW
BUY WHAT?
BUY L = LAND & G = GOLD
YESSSS!
A thousand times YESSS!!
Only YOU can decide for YOURSELF
Regards
Calvin Tan
Singapore
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Discussions
Be the first to like this. Showing 33 of 33 comments
Before calculate on L&G...let me calculate calvintaneng rank
He is currently rank 224...yes, rank 224 which is bottom 6. Laugh die me
2017-07-11 22:55
Don't worry John Lu
Final Results will be 100% determined by December 31st 2017
See
how Calvin's stock picks will perform like this
SEE CAREFULLY
https://www.youtube.com/watch?v=0_ySoCpqyGs
2017-07-11 23:02
Posted by callmemaybe > Jul 11, 2017 11:12 PM | Report Abuse
calvin you bought how many lots ???
Calvin bought how many lots?
Bought until no more money lah.
Calvin also told Johor Buddies & Friends to buy L&G!
2017-07-11 23:18
Truth fact: A liar need another liar to cover his liar...and sometimes a liar forget what he lie. Why?
Calvin said he only invest 3% of his cash into so much of stock i.e bjcorp, bpuri, alam, bjcorp, mulpha, mui, mui ind, mpcorp, pmcorp, kbunai etc but now said he buy until no money in L&G but why never see your name in the Bursa report? Whats goes wrong here?
Either,
a) Calvin only bought 1 lots of each stock that he mentioned or
b) He is telling lie ...haha
Low life
Posted by callmemaybe > Jul 11, 2017 11:12 PM | Report Abuse
calvin you bought how many lots ???
Calvin bought how many lots?
Bought until no more money lah.
Calvin also told Johor Buddies & Friends to buy L&G!
2017-07-11 23:26
John Lu bought Annjoo. Ann Joo turns Ann Ju Ju?
John Lu no susu?
So stupid!
Of course Calvin invested in many other assets & shares.
Now all my spare cash is sailang into L&G
Why so?
DRB is up!
GEELY going BIG TIME into PROTON CITY, Tg Malim
SO MAJU PERAK IS UP 50% already!!
L&G also got 2,494 acres land in Kerling (psf only 44.3 sen) (15 mins from Tg Malim)
Another 167 acres in Serendah (book value 81 sen psf only)
L&G SURE TO BENEFIT KAW LAW LATER!!
Just like Calvin called for a buy on Jaks at 40 sen because of Langat 2
So the CATALYST EMANATING FROM TG MALIM WILL POWER UP L&G
HIP HIP HOORAY!!!!!!!!
2017-07-11 23:32
Since you guys are here
Let Calvin continue to teach you the "FREE LESSONS" on Investments
Better learn fast!
Later Calvin might charge a fee
Now L&G has a P/E of 2.52 only
Normally Property Stocks should have a P/E of 10 to 15
So now price is 21 sen with P/E of 2.52
What if P/E is 10?
How much is L&G worth?
So
10/2.52 x 21 = 83.33 sen
YESSS!
L&G is worth 83.33 SEN!!! If P/E is 10
What if P/E is 15?
So 15 divides by 2.52 and multiply by 21
= Rm1.25
WAHAHA! Will L&G share price go up to Rm1.25?
Like Jaks gone up from 40 sen to Rm1.60?
That is still in the future!
So let's SEE.
2017-07-11 23:43
Calvin...why dont you sing a L&G song like how u sang bjcorp song?? Haha haha...stupid
2017-07-11 23:44
So confidence in this counter even no money can go borrow money from ah long la, get one year loan and repay back.. lame grandma stories
2017-07-11 23:46
Yes Calvin giving free tuition to all my students tonight.
I am teaching you how to fish. Learning this you will be able to feed yourself for a life time, ok?
Shortly Calvin will post a deeper look into L&G results
Stay tuned for more
2017-07-11 23:51
Now all you guys must tell John Lu the naughy "girl" to behave in class, ok?
Or else you will miss this most important investment lesson
2017-07-11 23:52
Ok one nice song for lady John Lu
ONE DAY AT A TIME - nice song
https://www.youtube.com/watch?v=fBnZ8bmEOTM
2017-07-11 23:58
I never want to enter this counter. I asking if calvin so confidence and say he throw all money in this, why not go get some loan and buy this counter lol, he good in talk craps
2017-07-12 00:28
Calvin bought how many lots?
Bought until no more money lah.
Calvin also told Johor Buddies & Friends to buy L&G!
why no ask your mama and papa to buy leh? also ask your relatives to buy mah, so can huat together mah !!!
2017-07-12 15:36
2017 1st Q and 2nd Q revenue total at 13.7 millions against 2016 1st and 2nd Q of 223 millions which is 1628 % backlog of sale. A good manager will not allow this to happen
2017-07-12 16:21
FY2017 end in Mar/2017 total 4 quarters profit only 32,413,000 (EPS only 2.93 Sen based on total share before right issue was about 1.1 Billion), don't forgot now total share are about 3 billion, EPS only about 1 Sen. I don't understand why Calvin use year 2016 EPS 8.32 Sen to calculate the PE
2017-07-12 17:32
Now Mkt. Cap. 644,369,849.64, FY 2017 earning 32.4M, the PE is about 20
2017-07-12 17:42
Calvin has calculated exactly as reported
P/E is 2.52 for latest 4 quarter reports.
And income from Daimond City progressive billings and loan release from banks should boost its coffers.
So P/E is not fixed. It can go up or down.
But look ahead.
Its prospects are brightening with the incoming of GEELY into Tg Malim
So the future of L&G now look rosy.
Calvin will pick up L&G scripts at 21.5 sen and 22 sen soon.
Happy that price has reached back my cost of 22 sen at today closing price.
2017-07-12 18:24
lol ... rank 240 ++ ... someone that claim investing is so easy ... hahaha
2017-07-12 19:03
Whoa!
In spite and despite of naysayers
L&G powered up to 23.5 sen on its
STRONG ROCK SOLID FUNDAMENTAL.
ALL DOUBTERS AND NAYSAYERS WHO MISSED JAKS AT 40 SEN, MISSED DRB AT 92 SEN AND MISSED MAJU PERAK AT 31.5 SEN
WILL MISS THIS L&G ALSO.
LISTEN ALL MEEK AND LOWLY SOULS OUT THERE!!
DON'T MISS THE L&G BOAT!!
2017-07-22 18:55
L&G RESULTS HAVE SPOKEN
NTA HAS TESTIFIED
DIVIDEND CANNOT LIE
WHAT ARE YOU WAITING FOR?
WAIT UNTIL L&G GONE UP LIKE JAKS GONE UP FROM 40 SEN TO RM1.00 ONLY THEN START CHASING?
2017-07-22 18:58
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Huihui Liong
Conman
2017-07-11 22:48