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General
2021-04-03 13:39 | Report Abuse
I started my investment journey with a nominee account (Rakuten Trade). But later this year I decided to switch into a direct account (Malacca Securities) after I found out their differences...
https://klse.i3investor.com/blogs/DirectNomineeAccount/2021-04-02-story-h1563151774-Direct_Account_and_Nominee_Account_Which_One_is_Better.jsp
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2020-01-06 02:42 | Report Abuse
UMW Holdings Bhd (4588, KL)
✅ With UMW's loss-making oil and gas (O&G) assets out of the way, I believe the worst is over for the company. The diversified conglomerate, which has suffered two years of financial losses has already solidly turned the corner to profitability since FY18 (yet UMW share price back to 10 years low).
✅ UMW will focus on strengthening its three core business segments, namely automotive, equipment, and manufacturing and engineering (M&E), to drive growth. The main contribution was from automotive and the least is from M&E.
✅ Automotive segment - In partnership with Toyota, the company assembles and sells Toyota and Lexus cars. Besides, UMW is also Perodua's largest shareholder with a deep value stake of 38% ownership. According to the recent announcement, Perodua had recorded sales of 56,972 units (+11% YoY), bringing in 9MFY19 sales to 178,668 units (+6% YoY) driven by the all-new Perodua Myvi and the all-new Perodua ARUZ (25k bookings, 22.2k delivered). I believe UMW will continue to leverage on the growth of Perodua (Aruz, updated Axia and all-new Perodua D55L/Raize SUV).
✅ The new automotive plant (Bukit Raja Plant, BRP) is completed. Analysts are expecting Auto segment will grow at steady pace going forward as BRP almost hit the production capacity of 50k units/year with 80% utilisation rate and easily double the capacity with minimal capex requirement. In addition, analysts also expecting better margin from the cost savings derived from higher localisation rate in the all-new Vios and Yaris (previously 50% inputs can be sources locally, now 80%). It will help company to reduce foreign exchange risks and improve company's competitiveness in the long run as they can offer a much more lower selling price than its competitors.
✅ Aerospace/ M&E - UMW Aerospace has signed a 25 + 5 year agreement with Rolls-Royce Plc to manufacture and assemble fan cases for Rolls-Royce Trent 1000 and Trent 7000 aero engines, which power the Boeing 787 Dreamliner and Airbus A330 neo aircrafts. Both Trent engines are the most advanced in aero engine technology, with increased fuel efficiency and noise reduction. UMW Aerospace is also the first Malaysian company to be a Tier 1 aerospace engine component manufacturer.
✅ The Rolls Royce Plant (RRP) in Serendah begins to turn profitable. According to management, UMW is ramping up production and starting contributing meaningful profits in FY20 when it reaches full capacity. The RRP has a capacity of 250 units per annum and is producing fan cases for the Trent 1000 engine. Further, production of Trent 7000 fan cases will be commenced in 2HFY20. According to one source, UMW will deliver 3-4 fan cases to Rolls Royce Factory in Seletar, Singapore every week. I believe UMW Aerospace unit will contribute positively in FY20 when it ramps up to 70%/90% utilisation rates (or 175 fans/ 225 cases) in 2020/ 2021.
✅ Equipment - Demand for equipment (mining, construction and logging) remains sluggish in the near term, given the slowdown of domestic as well as regional economic activity. The management also expects outlook for Equipment division to remain subdued in the near term on the back of sluggish demand from manufacturing, mining and logging sectors. However, the Group believes the division’s growth will be underpinned by revival of few mega projects by Malaysian government, stellar demand from Singapore and Papua New Guinea, as well as expansion of product line-up in Vietnam.
✅ Automotive players to ride on stronger ringgit. UMW will benefit from the weaker US dollar as a bulk of their input and operational costs are in US dollar. Weakened RM will increase the effective input costs for imported CBU cars, CKD packs and raw materials, and subsequently affect OEMs’ margins. OEMs that have major exposure towards USD include Toyota (UMW) and Nissan (TCM), while for JPY this includes Honda (DRB) and Mazda (BAuto).
✅ According to 2018 Annual Report, Top 3 largest shareholders are Amanah Saham Bumiputera (40.81%), Employees Provident Fund Board (8.64%) and Permodalan Nasional Berhad (7.74). Throughout the whole 2019 and the last 5 years, ASB, KWSP and PNB is still on accumulation mode.
✅ I was anticipating UMW will fly high due to its last 3 year historical price pattern (2017-2019 January, share price tend to mark up), its higher than expected contribution from the aerospace segment, a strong rebound in Toyota sales and higher associate (Perodua) contribution, pick-up in construction and mining activities which would spur equipment sales, strengthening of the ringgit and the drying up of selling pressure.
❗️Disclaimers: Stock recommendations and comments presented on this channel are purely for education purposes. All participants should do your own due diligence before performing any decision. Thus, All trading strategies are used at your own risk.
News & Blogs
2019-12-27 23:38 | Report Abuse
Mr Tan, kindly add me into the competition. I was not able to join 2019 contest, if not i think i have won, HAHAHA!
Anyway, my pick for 2020 is as following:
1. Daiboci-wb (25%)
2. SMTRACK (15%)
3. LKL (15%)
4. Ulicorp (20%)
5. BIMB-wa (25%)
Thanks and best regards from me.
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2019-11-15 22:57 | Report Abuse
this company was interesting ya...
daily, weekly or monthly chart also indicating the share price will trend higher...
somemore, Mr Choo is accumulating since July 2019...
as a property counter, the price is trading at 0.35 times of NTA 0.62c...
seems like I need to do a research on this company...
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2019-11-12 19:52 | Report Abuse
you guys are welcome.
Hope everyone enjoy the ride.
If got earn money from this counter, do donate some portion of money out to those people who are in suffered.
peace and love yo!
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2019-07-28 13:45 | Report Abuse
利好：
i) 油气领域会有更多的合约商机 - 赢家 UZMA, VELESTO, SAPURA, DAYANG
ii) 激进扩张策略 - 与3个不同的合作伙伴竞标再生能源合约 (e.g. LSS3)
iii) 上个季度纳入个不可预计的一次性开销 (impairment loss)
iv) 来临的业绩会反应Setegap Ventures Petroluem Sdn bhd带来的盈利 (orderbook 9亿）
v) KWAP 已经不再是主要股东
利空：
i) 高成本和负债
ii) 投行叫卖
技术分析：
i) 下跌趋势
ii) 圆形低
iii) 地量
iv) 短期阻力 705/720/745
v) 中短期阻力 745/840/925/1.17
vi) 支撑 665/ 660
买卖自负！
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2019-07-26 11:10 | Report Abuse
6.65-6.7 i accumulate
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2019-07-26 10:59 | Report Abuse
yes, im back!
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2019-05-07 15:42 | Report Abuse
Coming quarter result will getting better and better.
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2019-05-07 15:39 | Report Abuse
hoot RM1.06, you wont regret.
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2019-03-28 11:04 | Report Abuse
Lol hahaha!
Thanks for promoting this counter, this counter indeed a hidden gem. I call it a "hidden gem" because not many really understand or study about the cement industry.
I did accumulate Lafarge at RM 2.20 per share on Monday and plan to continue holding it. Let us see how high next week its share price will fly.
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2019-03-15 12:37 | Report Abuse
Patrick The Bull is here... As long as where I am, there is only one direction!
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2019-03-09 20:47 | Report Abuse
The winner goes to those who can make money consistently. Its all about the price you pay and what value you get. Bear in mind.
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2019-03-07 12:53 | Report Abuse
mark my words, parkson is going to fly!
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2019-03-04 16:15 | Report Abuse
Those who keep asking these kinds of questions should sell, just my 2cents, you guys not worth to earn a single cent from this counter. Keep asking the same question day and night LOL...
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2019-03-03 22:45 | Report Abuse
@Yongthai, If mother is 60sen, "theoritically" PA should worth 41sen.
The gap will slowly close as time passed or even making investors need to buy PA at premium.
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2019-03-03 22:43 | Report Abuse
Personally, i dont think it will back to 0.60 per shares in a very short timeframe. This mainly due to the conversion of preference shares to mother shares will lead to selling pressure as traders can instantly make fat profit (due to a huge discount).
However, if you pull to a mid to longer timeframe (after factor in financial performance etc.) there is a possibility to move beyond RM100million market cap or even higher, which equivalent more than 1 ringgit per shares (based on latest market shares).
So, its basically your choice to buy/sell/hold. I didnt encounter such a hidden gem in the market since few years back which easily can make us bucket of gold. You can either make money from PA or mother. Do read my recent articles whether to pick PA or mother and you guys also can download stockbit and read ryunanda's post regarding on PA vs mother to get a clearer picture.
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2019-03-01 11:15 | Report Abuse
there is still huge discount, so anytime masuk, anytime still can make money from this ATM counter
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2019-03-01 11:14 | Report Abuse
Mother 50sen, PA should worth 31sen theoritically...
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2019-03-01 11:13 | Report Abuse
not win yet, i say liao mah, TP at least 50sen
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2019-02-27 17:48 | Report Abuse
As long as where i am, there is only one direction for the price movement, that is north!
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2019-02-27 14:04 | Report Abuse
do you self a favor, read and study about this company. Don't make us feed spooning you.
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2019-02-26 13:51 | Report Abuse
@tewsifu, u will see this kind of accounting more if many tech companies venture into cloud business. I am working in a cloud accounting software firm, i know how is their profit come from and where their expense go to.
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2019-02-26 13:22 | Report Abuse
sapu aturmaju, Patrick is here! As long as where i am, there is only one direction, north!
Page: Brokers Comparison
2021-04-07 14:05 | Report Abuse
@benjikoh, my account is M+ silver account (cash upfront), charged a minimum of RM9.70 per contract including stamp duty and clearing fees. You can ask your remisier/ dealer representative what type of account are you using to buy/sell. If your remisier does not reply to your message, it's time to change from M+ platform to others.
M+ registration link: https://registration.mplusonline.com/?ref-id=R345
Broker's comparison: https://klse.i3investor.com/jsp/hti/brokers.jsp