THE INVESTMENT APPROACH OF CALVIN TAN
COMPLETE LOGISTIC - IS COMPLETELY LOGICAL, Calvin Tan Research
calvintaneng
Publish date: Sun, 22 Jul 2018, 05:24 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.
Dear Friends,
COMPLETE LOGISTIC. As the name implies it has LOGISTIC BUSINESS that is COMPLETE
ALL ENCOMPASSING LOGISTIC ON SEA AND LAND. FROM WAREHOUSES TO MORE BONDED WAREHOUSES
ITS SET UP IS COMPLETE. MORE SO IN THE AGE OF THE FOURTH INDUSTRIAL REVOLUTION OF THE DIGITAL ECONOMY!
At the turn of the last century with the advent of the Motor Car - horse drawn carriages were rendered obsolete.
So ECommerce will render the traditional way of shopping obsolete. New forms of businesses have emerged. Those that embrace change will survive. Those that clung on their old ways like TOYS R US will die. And with the Direct Sale of Goods from Factories/Warehouses to homes - the Middle Men of Wholesale and Retail Sale from Shopping Malls will be bypassed - leading to the Closure of Malls One by One all over the planet earth.
The Two Key Words of ECommerce is The Saving of TIME & MONEY (How much? Expect to work only 3 hours out of 13 hours. And Savings from 30% to 80%)
A Conventional Business needs a Huge Store Front. Mostly in Expensive Shopping Malls. It has fixed opening hours: 9am to 11pm? Sales persons are employed to man these goods whether there are customers or not. So You Spend A Fortune in Rental. You also spend a Huge Amount of Time Waiting for people to come.
ECommerce Reverses this process
No Need to rent Expensive Shopping Mall at Rm20 psf to Rm30 psf. A Warehouse at Rm1.00 to Rm1.50psf will do. Only 5% or a fraction of the cost.
And no need to employ Sales Troop entertaining walk in customers - sometimes none at all at a prolonged period.
Only a few factory hands are employed to wrap & send the Goods in Store. And Goods go to Customers direct. Not Customers come & search for Goods.
GOODS GO TO CUSTOMERS DIRECT?
YES!
Last time we spend hours waiting for Taxi on Road Curbs. Now Grab Taxi comes straight to our Door Step.
Last time we go shopping for Goods. Now ECommerce deliver them right into our homes from Warehouses.
Same goes for our groceries. Red Mart will deliver Vegetables, Rice, Milk, canned food and all sundry stuff right to us.
2 Guys saw the long queue at Money Changers in Singapore. So they an idea!
They started Currency Exchange Home Delivery On-line.
Now no need to "GO" to Money Changers across traffic jams & long queueing to change money.
They "COME" to you.
Hungry?
Uber Eat & Panda Food deliver hot meals to "You" at home or office.
Even SingPost has now started a new innovation - A Mini Post Office in Every HDB Housing Estate.
Now you don't need to "Go" to the Post Office. The Post Office has "COME" to you. And you don't need to wait for the Postman to come either. It might take hours during the day as traffic is heavy. But with Your Neighbourhood Mini Post Office he can deliver it anytime at his earliest convenience - 12 noon, 3pm, 6pm, 9pm? Or midnight, 2am, 4am or 6 am also no problem when there is no traffic jam.
You can reject the delivered parcel if you are not sastified back to the locker. And you can also send letters or parcels. Just like sending them in a Normal Post Office.
This concept is a Total Revolution of how we do business.
Last week in Singapore my computer CBU failed. So I went to Jurong Point to shop for a new one.
Ha! The cheapest one from CHALLENGER (Computer shop) Cost S$800 or Rm2.400
Then I checked with LAZADA (Spore). I got one for S$170 (about rm510). That's A Nice saving of almost 80%
But the brand I bought from LAZADA is about S$400 among less expensive Shopping Complex. So still save by more than 50%.
Last year I bought 3 Airconds for my house in johor
THE FIRST ONE I BOUGHT IT FROM A SHOP IN TAMAN PERLING SELLIING ELECTRICAL GOODS
COST OF INSTALLATION WITH MIDEA AIRCON 1 HP SPLIT WAS RM1,000
THEN I SEARCHED ONLINE IN LAZADA (MALAYSIA)
I GOT 2 YORK 1 HP SPLIT AIRCOND FOR ABOUT RM700 EACH. THEN I CALLED MARAN THE AIRCON GUY TO SET IT UP FOR RM250 COST. TOTAL WAS ABOUT RM950
SO BY BUYING ONLINE I GOT A BETTER QUALITY AIRCOND AND CHEAPER!!
NOTE
IN LAZADA RIGHT NOW MIDEA 1 HP SPLIT AIRCON IS SELLING FOR ONLY RM595
RM595.00
I got lucky so far. 2 York Aircond I bought almost 2 years still ok.
Some items I bought not so big as i thought. But all Ok for the price.
I would say i am at least 80% satisfied.
In Singapore the Computer CBU i bought got heavy sound. So I called the seller who is from Pandan Loop. He came and replaced it. See i am able to post this now?
Working well.
Btw
At Jurong Point Shop Rental is S$20 to S$30 pm (About Rm60 to Rm90 psf)
His warehouse in Pandan Loop cost only S$1.00 to S$1.50 psf or Rm3.00 to Rm4.50 psf
So he could really compete as his rental cost is only a mere 5%
THIS WILL SPELL THE DOOM OF MALLS ALL OVER THE WORLD.
But Companies with Warehouses will thrive.
Those that embrace this new technology will thrive. Those that failed to take heed will not survive.
Ha! With above short explanation let Calvin now show you why Complete Logistic is a Buy
1)At 56.5 sen with NTA of Rm1.12 COMPLETE LOGISTIC IS SELLING AT ALMOST 50% DISCOUNT TO NTA.
This 50% Discount is more than the 30% Discount required by Ben Graham As a Margin of Safety.
2) LAST QUARTER RESULTS SHOW POSITIVE GROWTH IN REVENUE, EARNINGS & NTA
Currency: Malaysian Ringgit (MYR)
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 2018
|
31 Mar 2017
|
31 Mar 2018
|
31 Mar 2017
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
29,802
|
27,065
|
123,204
|
117,424
|
| 2 | Profit/(loss) before tax |
2,359
|
-81
|
11,397
|
12,200
|
| 3 | Profit/(loss) for the period |
2,042
|
-698
|
9,534
|
9,697
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
2,018
|
-735
|
9,415
|
9,544
|
| 5 | Basic earnings/(loss) per share (Subunit) |
1.60
|
-0.60
|
7.60
|
7.80
|
| 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 ($$) |
1.1200
|
1.0500
|
||
EXCELLENT ALL ROUND GROWTH FROM LAST YEAR QUARTER.
3) ON 28th March 2017 Complete Logistic share price closed at Rm1.09. Today it is only 56.5 sen (Price crashed by 49%)
So We are Now Buying It at even cheaper by 49% with increasingly bright prospect of Jack Ma Officially Launched the First Digital Free Trade Zone in Malaysia (Outside China)
4) While Its Share Price has gone down by 49% the NTA of COMPLETE has gone up from Rm1.05 to Rm1.12 (Up 6.6%)
Why NTA grew?
Answer:
COMPLETE LOGISTIC BUILT AND 2 MORE WAREHOUSES.
Management cautioned that both Land & Sea Transport are stagnating so they did not expand more Fleet of Ships or Trucks but Built New Warehouses in Strategic Locations in anticipation of the surge in Warehousing Demand
And they are Chun Chun Indeed!
See
Warehouses reach for the sky as urban demand soars
High occupancy rates in big economies are driving a wave of investment in the sector
The only way is up: multistorey warehouses are becoming more common Share on Twitter (opens new window) FTimes. Conor Sullivan MAY 21, 2018
There are 2 Types of Warehouses. Normal & Bonded
COMPLETE LOGISTIC has both.
A Bonded Warehouse is One in which Imported Goods are stored before actual importation clearance by Customs as Duty has not been paid yet.
And Goods/Vehicles are not allowed to leave a Bonded Warehouse until Clearance is given.
Why the Need?
If Importers want to re export to a 3rd country.
5) THE INSIDERS KNOW With E FREE TRADE ZONE - FUTURE BUSINESS WILL RAMP UP
So they are loading up cheap COMPLETE shares
See
| DOLPHIN ASSETS SDN BHD | 23-Jan-2018 | Acquired | 2,100,000 | 0.000 |
 |
| MR LAW HEE LING | 23-Jan-2018 | Acquired | 2,100,000 | 0.000 |
|
| MR LEON LAW LI YION | 23-Jan-2018 | Acquired | 2,100,000 | 0.000 |
|
| DOLPHIN ASSETS SDN BHD | 11-Jan-2018 | Acquired | 44,900 | 0.000 |
|
| MR LAW HEE LING | 11-Jan-2018 | Acquired | 44,900 | 0.000 |
|
| MR LEON LAW LI YION | 11-Jan-2018 | Acquired | 44,900 | 0.000 |
|
| DOLPHIN ASSETS SDN BHD | 10-Jan-2018 | Acquired | 83,000 | 0.000 |
|
| MR LAW HEE LING | 10-Jan-2018 | Acquired | 83,000 | 0.000 |
|
| MR LEON LAW LI YION | 10-Jan-2018 | Acquired | 83,000 | 0.000 |
|
| DOLPHIN ASSETS SDN BHD | 09-Jan-2018 | Acquired | 20,000 | 0.000 |
|
| MR LAW HEE LING | 09-Jan-2018 | Acquired | 20,000 | 0.000 |
|
| MR LEON LAW LI YION | 09-Jan-2018 | Acquired | 20,000 | 0.000 |
|
| MR LEON LAW LI YION | 03-Jan-2018 | Acquired | 75,000 | 0.000 |
|
| DOLPHIN ASSETS SDN BHD | 03-Jan-2018 | Acquired | 75,000 | 0.000 |
|
| MR LAW HEE LING | 03-Jan-2018 | Acquired | 75,000 | 0.000 |
|
| MR LEON LAW LI YION | 02-Jan-2018 | Acquired | 30,000 | 0.000 |
|
| DOLPHIN ASSETS SDN BHD | 02-Jan-2018 | Acquired | 30,000 | 0.000 |
|
| MR LAW HEE LING | 02-Jan-2018 | Acquired | 30,000 | 0.000 |
|
| MR LEON LAW LI YION | 29-Dec-2017 | Acquired | 95,200 | 0.000 |
|
| DOLPHIN ASSETS SDN BHD | 29-Dec-2017 | Acquired | 95,200 | 0.000 |
|
| MR LAW HEE LING | 29-Dec-2017 | Acquired | 95,200 | 0.000 |
|
|
DATIN NORAINI BINTI MUHAMMAD SALLEH |
27-Jan-2016 | Acquired | 100,000 | 0.620 |
|
| DATO' DR IBRAHIM BIN AHMAD | 27-Jan-2016 | Acquired | 100,000 |
0.62 |
Please buy or sell after doing your own due diligence
Warm Regards
Calvin Tan Research
Singapore
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Discussions
Be the first to like this. Showing 26 of 26 comments
TELEKOM REDUCING ITS BROADBAND FEES ALSO A PLUS.
MORE WILL JOIN THE CYBERWORLD
AND FINALLY LEAD TO BUYING GOODS ONLINE
THEN MEANS MORE BUSINESS FOR LOGISTIC COMPANIES
2018-07-22 19:44
THE MAIN DRIVER IS HUGE SAVINGS OF 30% TO 80% BY BUYING ONLINE
AND THIS IS RECESSION PROOF
IF BAD TIMES INDEED STRUCK
MORE PEOPLE WILL TRY TO SAVE ON PURCHASES
THAT MEANS NO MORE PAYING FULL PRICE AT SHOPPING MALLS OR EVEN NEIGHBOURHOOD SUPER MARKET
ALL CAN GET THINGS CHEAPER BY BUYING ONLINE
EVEN NESTLE, NTUC FAIR PRICE SUPER MARKET, MCDONALD AND KFC IN SPORE ARE NOW DELIVERY FOOD DIRECT TO HOMES
2018-07-22 19:48
SO GREAT AND SO PHENOMENAL IS THE GROWTH THAT JEFF BEZOS HAS TOLD PEOPLE TO JOIN THE LOGISTIC BANDWAGON BY INVESTING IN DELIVERY TRUCKS
2018-07-22 19:49
AND JEFF BEZOS OF AMAZON HAS NOW SURPASSED WARREN BUFFET AND BILL GATES TO BE THE RICHEST MAN WITH USD150 BILLIONS NET WORTH....AND STILL GROWING
2018-07-22 19:51
ANOTHER PHENOMENAL GROWTH OF ALIBABA OF CHINA
ECOMMERCE IS THE FUTURE JACKMA ENVISIONED
THAT IS THE CORRECT DIRECTION IN THE FOURTH INDUSTRIAL REVOLUTION
2018-07-22 19:53
mata buta trash calvintaneng, how can u use nta to value a logistic company?????
it doesnt make sense at all since logistic company cannot sell its warehouses. or else how it can generate earnings?????
so what is the pe and biz structure of the company????
u dont even know the structure of this company and yet u claim it is poised to take advantage of ecommerce.
do u know that for a logistic company to qualify as ecommerce logistic provider, it needs to provide the last-mile service, ie, delivery to the doorstep.
complete logistic doesnt provide this last mile service, so how can it qualify to be ecommerce logistic provider????
really, go do more reading to understand the biz.
have u realized that ur stupidity has been exposed by me on a very frequent basis????
lol..............
2018-07-22 20:06
Interesting pick.
Only thing is got better business and similar price out there. But definitely worth keeping track off.
2018-07-22 20:25
but the story mata buta calvintaneng used to sell this pick is confirmed flawed.
the story he just spinned remind me of the parkson story being spinned in 2007.
2018-07-22 20:33
All logistic are hammered left right with pressure pricing... susah.. cjcentury also suffering... gdex needless say the pe is x 200 x 300..
2018-07-22 22:41
Positive factor is splash 80% complete..
20% is egm approval and habis. Kps blow up rm 2.5 to rm3
2018-07-22 22:42
Precisely logistic stock like Complete Logistic has been hammered down that Calvin started to be interested. Of all logistic stocks Complete is the best of all by its Deep Discount of Price to Book Value. Its EPS is also getting better and its prospect turning very positive from here
I also called for a buy when Jaks was hammered down to only 40 sen when all shunned it.
And precisely Mr Market has chosen to pump up KPS that i avoided it. Last round Prestar, Masteel I bought while cheap. When both were up i warned all not to chase them
Prestar Insiders were selling above Rm1.30 when people still blindly chasing.
For KPS both Tabung Haji & Insiders are dumping. Its Cenbond will be badly hit as cement bags demand will collapse as stocks like Lafarge & Tasek have crashed. PH Govt never take good care of water companies like PBA, Saj Ranhill, Puncak or KPS as their agenda is to offer "Free Water" for Rakyat to win votes.
So Calvin does not follow 90% who chase hot air stocks. Calvin will be among the 10% who only buy overlooked and neglected Value Stock
2018-07-23 03:26
See how Tabung Haji dumped KPS till it ceases to be substantial shareholder
LEMBAGA TABUNG HAJI 17-May-2018 Notice of Person Ceasing 376,100 0.000 View Detail
LEMBAGA TABUNG HAJI 16-May-2018 Disposed 1,000,000 0.000
And Insiders selling KPS
YM RAJA DATO' IDRIS RAJA KAMARUDIN 14-May-2018 Disposed 100,000 1.555
BUT IN CONTRAST DIRECTORS OF COMPLETE LOGISTIC ARE BUYING
CHIA KAH YING 09-Apr-2018 Acquired 35,000 0.621 View Detail
CHIA KAH YING 06-Apr-2018 Acquired 56,000 0.630 View Detail
MR LAW HEE LING 23-Jan-2018 Acquired 2,100,000 0.700 View Detail
MR LAW HEE LING 11-Jan-2018 Acquired 44,900 - View Detail
MR LAW HEE LING 10-Jan-2018 Acquired 83,000 - View Detail
MR LAW HEE LING 09-Jan-2018 Acquired 20,000 - View Detail
MR LAW HEE LING 03-Jan-2018 Acquired 75,000 - View Detail
MR LAW HEE LING 02-Jan-2018 Acquired 30,000 - View Detail
MR LAW HEE LING 29-Dec-2017 Acquired 95,200 - View Detail
DATO DR IBRAHIM BIN AHMAD 27-Jan-2016 Acquired 100,000 0.620
2018-07-23 03:31
YES!!!
A COMPLETELY LOGICAL BUSINESS OF THE FOURTH INDUSTRIAL REVOLUTION!!!
2018-07-23 14:08
but mata buta trash calvintaneng, u still havent answer my question on complete logistic.
does it provide the last mile service?????
lol...........
2018-07-23 15:45
Jeff Bezos sees future of Trucking Business
https://www.businesstimes.com.sg/transport/uber-of-trucks-startup-convoy-backed-by-jeff-bezos-marc-benioff
2018-07-23 16:09
but u r not jeff bezos.
u r only mata buta calvintaneng, the clown.
lol..............
2018-07-23 16:10
Jeff Bezos?
See
https://www.businessinsider.my/jeff-bezos-daily-routine-2017-7/?r=US&IR=T
If Jeff Bezos is in Malaysia he sure take over the Business of Complete Logistic
YAHOO!!
2018-07-23 16:30
why dont u write email to jeff bezo then, mata buta clown????
lol..............
2018-07-23 17:54
btw, u know what llyods do or not, mata buta calvintaneng????
lol.............
2018-07-23 17:55
but mata buta trash calvintaneng, u still havent answer us whether complete logistic provide last mile service????
or have u gone mad after i raised so many flaws in ur bs blog????
lol.........
2018-07-23 19:52
remember to take ur medication, mata buta trash calvintaneng.
ur mental state is starting to worry many of us here.
lol.............
2018-07-23 19:54
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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....
calvintaneng
Some positive factors coming
1. PH Govt will cap Ron95 petrol price rise
2. PH GOVT also promise to abolish all tolls
Both will help to alleviate cost of transport for Complete Logostic
2018-07-22 19:42