If one simply reads the qtr report 6/2015, yes, on the surface, sure aerospace division has been stagnant. What you want to look at is between the lines.

Read their last annual report - the rock star themed one where they trumpeted their triumph of gaining a strong foothold into the super high barrier aerospace industry

And then you look at their announcements in end may to August on their website where 4 new orders were given for a total of RM 2 billion + and guess for what division, AEROSPACE !!!

What this means is that this is not reflected in their June 2015 quarter report and they will feature very prominently in the quarters to come.

And finally, pay attention to the Supplier performance award by their customer In June 2015 and you will know that they have achieved quantitative and qualitative excellence in their work. Which means, there can only be more contracts moving forward.

This is a core holding and a definite buy on weakness. If not for Ooi Teck bee fighting for shares with me at the 5 -530 region, I'd easily listed as a top 30 substantial holder with at least 120,000 shares. Now, I just have to content with 62,000 shares

Let me tell you a fact. The replacement market for planes is huge and ever growing. To be able to compete with the best airlines in the world, you have to get longer range, more fuel efficient ones to replace aging fleet. If you've ever been on board a Boeing Dreamliner (or A380) with some of the top airlines in the world, you will then realize that MAS aging 737 fleet have no space to compete. The Dreamliner ambient lighting, large screens, linear flying experience and better legroom makes flying less stressful and more pleasant. I usually can't watch any movie on an airplane due to small screens that make one nauseous but I manage to catch a couple of movies on my way to Japan with Thai airways Boeing Dreamliner with the large screen. You wanna compete with the best, get the best

Haha, Mr ooi, no wonder every queue is stepped up by another buyer. Sometimes, can't see the screen every hour and someone steps in front and price got done. So frustrating. My aim was to get up to 120,000 shares up to 5.30. Now gone up in smoke. Not complaining though.

Not an easy stock to queue buy at low prices. Someone will always get ahead of the queue of you. Anyway, manage to accumulate 62.000 shares so far. Got a few more today at 5.21, 5.26 and 5.28

Lewis, you either speak English only on special occasions or are selectively myopic on my other postings on SAM

I'm not going to argue with the ignorant because I believe you must be a millionaire investor by now with your Peter Lynch approach. If not, you should at least be retired like me by 40. At 45 now, just dabbling a little in real estate but largely on shares.

"Heres to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. Theyre not fond of rules. And they have no respect for the status quo.

You can quote them, disagree with them, glorify or vilify them. About the only thing you cant do is ignore them. Because they change things. They push the human race forward.

And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do." - Steve Jobs

Entrepreneurs possess that dare to dream, be different approach, free spirited instinct and passionate. Because they go against the grain, these traits are consistently present in their mannerisms, culture, attire and thinking. And it's this acumen that the typical Degree holders do not possess. It's called branding and this may be a shock to you, but there is actually tremendous value there

Ever wondered why the graduates keep working for the dropouts?

Anyway, I guess I must be doing something very wrong because I'm not as successful as you. I thank you for your guidance

Btw, I have another killer technical analysis skill. I go to the toilet every morning and watch my poop. If it floats, I buy. If it sinks, I sell. The color will decide the volume. You can start laughing at me now but heck, if it works for me, who is to say it's not effective.

Yes', icon. Have to thank this great forum and people like OTB, rosmah and yourself and many others for highlighting it. I just read, assess and make my own conclusions.

After I read the 2015 annual report on Friday, I'm more impressed. Where other companies boringly highlight their business nature, vision and mission that's merely lip service, SAM used rock bands to accentuate their values, vision, objectives and achievements

Plus, the CEO, I really like this guy. Notice that even in a board of directors picture, he chose to wear his Armani suit outside over his shoulder and a casual smart long sleeve shirt to pair. All his other fellow directors are fully business attired.

What this shows is very clearly a CEO who is dynamic, does not care for convention, doesn't think outside the box (because he won't let the box to be created in the first place), bold, free spirited and daring.

Much like tony Fernandez (his signature red cap) and Richard Branson (golden mane and very casual), mark zuckerbeg (round neck t shirts). People like that are slated for success because they have that instinct and drive

Another person close to home is Joey Yap. He looks like what a fengshui master should not look like because the typical fengshui master is characterized by old, balding men with long beards. That's because he says he is not a fengshui master but a life transformation specialist. Look for him if you want to transform your life. This business value has effectively help him become number 1 in his industry while Lillian Too is still stuck in her pendants selling business.

Cut a long story short, I loved the annual report so much, I bought another 8000 shares on Friday to bring my holding to a nice 50,000 shares now. Hehe

If it ever goes back to 2.30, nobody will ever touch it even with a ten foot pole for it will hint at possible Transmile type shenanigans

Just had a look at their 2015 annual report. Very hip, using images of rock bands to trumpet their aerospace order achievement.

When leekh says 14000 shares to be top 30 shareholder, it's actually the icul holdings. For mother shares, require at least 124,000 shares.

Are you sure leekh? From 2014 report, the lowest number of shares to hit that list is 103,000 shares. That's my goal if I can accumulate at a fair price

Judging from the inspired buying against the selling, highly unlikely this stock is going to revisit $5

Anyway, the whole world is placing too much undue emphasis on Fed rate increase to the extent that it's grossly overplayed.

Let me tell you what will happen. Even if fed raises rates, it's gonna be so marginal that it's purely symbolic. On the hand, they may decide to not raise interest rates to later

In both instances, it will result in a relief rally. So, it's a matter of heads you win, tails also you will win.

The more crucial thing is that global growth is shaky and there is continuous pressure on bonds due to redemption to close off carry trades, which result in pressures on emerging market currencies and upward pressure on USD and yen. As such, fed may not want to further provide fuel for the already strong USD

Whichever way you look at it, it's better to go with defensive stocks or probably export stocks - I like semi con companies but even semi con prices have fallen 20% from year high and hovering around years low (although they are still higher than past 5 years)

With USD so strong, electronics may suffer from high prices and consumers may be reluctant to change them as often as before. Plus, apple recent launch of new products have been so uninspiring that the stock tanked yesterday due to disappointment. The start of apple decline? They just lost inspiration and vision, post Steve jobs

Therefore, I think SAM could be a truly rare gem to keep for reasons highlighted. As such, if I'm going to be facing the worst market drought in years, I don't mind if SAM remains the only stock in my portfolio

Ken, not rich. Just putting my FD to better use. What's there not to like about this stock? Pedigree owner, highly skilled business, few competitors, huge order book, attractive dividend yield, still cheap by any metrics for a growth stock. Airlines are a booming business unless someone invents a time machine, thus the necessity for parts will always be there.

I think when you are one of only 4 certified trusted machiners in Asia (or was it the world?), don't think you can go very wrong. As Yapie had said, those are no brainer prices to go in and I'm ready to add more

Looks like the inspired selling over the past few days have finally abated towards the end. No report of selling done by directors or substantial shareholders point to minor liquidation by some investors. To me, am opportunity to collect. The selling was well absorbed by strong buying too. I bought another 12000 shares at 5.25. Have 42000 shares in portfolio and looking to add more. Looks like a rebound will be imminent tomorrow

While a stock spilt is welcome, I doubt temasek will do something that doesn't add real value to the company.
Well, even if they don't do it, this is a solid company with a genuine competitive advantage and super high barriers of entry.
I've accumulated 30,000 shares from low 4.95 to 5.3 and will continue to buy patiently

I thought rosmah is a hippo? Hehe. Of all nicks to choose, you have to take up the most loved First Lady the country has ever known :)

Anyway, I intend to buy into this as my major portfolio holding. Hoping for a selldown towards closing.

Margins of 3.4% with slowing market demand and falling semiconductor prices . Hmmm, wonder if any uptrend will be sustainable? Philadelphia semicon index just broke slightly below year's low. SAM looks like a much safer bet, no?

Me too, while buying sporadically on retracement in the afternoon, keying in batches of 9, 18, 27 small lots, I've accumulated 13,700 shares on the close at average around 5.0167

Uijia, it's not directed at you but a mindless individual who continues to talk crap.

This guy reminds me of the dung beetle. And as they say, you are what you eat. He has proven this saying beyond any doubt. I just hope the dung beetle will not be offended by the comparison

I think it is better to be quiet and thought of as a fool than to open your mouth and remove all doubt - Confucious

The boss already mentioned that USD appreciation has very minimal impact since their exposure is nearly hedged. Anyway, if they want to goreng, they don't need a reason although having one will make the play and following more credible.

Me not a fan since they are in such a competitive industry with very little competitive edge.. Would prefer stocks like esceram or frontkn instead. Anyway, good luck on your trading guys

I'm surprised that the napure and englander mattresses are manufactured by these guys when they bandied them as being Germany and UK made and/or top selling brands. Was already told by their competitors that they are locally made when I was shopping for mattresses but didn't know Leesk is the manufacturer. Didn't really like their sales tactics in showrooms. Anyway, for latex mattress, I'll stick with getha while spring mattresses, I have good experience with serta.

Not a very optimistic article on Leesk today in the edge financial daily. Boss reduces sales and profit target due to worse than expected adverse impact of post GST implementation. . USD exposure nearly fully hedged (thus minimal beneficiary of weak RM). However, optimistic that things will normalize in 6 months

Wrong terminology ... Should be shakeout phase almost done, next comes markup

Today's issue of Focus Malaysia business weekly has an article that MRCB and Gkent consortium looked set to have won the LRT3 project

Agreed with momo, a 10% currency depreciation will affect profits only slightly as long as revenue can be sustained or increased. Problem is US economy has stopped growing while Europe is risking deflation even with global central bank's best efforts to print money and engage in currency war with one another. No doubt all export stocks will still report a good qtr next month but the following two months would serve a better gauge. Maybe time to swicth to domestically themed stocks? Anyway, all the best guys. Wikileaks and 1mtk have proven their worth in giving genuinely good tips but the market weight can be too overbearing on even the strongest shoulders. Just don't want to see some mindless numbskulls blaming them if things don't work out

As I write this, the RM just surged 0.4% against the USD to a 3 month high

I must apologize that we were not born into nor have a million bucks spare change in our pockets. To some poor souls like us, having invested 30k shares or nearly 100k is a lot of savings. I am mighty glad to have a chance encounter with a wealthy person like you in an online forum.

Poor US growth, continued dovish Fed stance on interest rates weakens USD while strengthens other currencies, hurting export based economies or industries. As a result, Europe nose dived when Euro soared. Poor market breadth locally And with the traditional 'sell in May and go away' stigma looming, better wear a condom. Newbies who are not as sophisticated as the pros here or trying to time the trade, be cautious. Good luck to everyone and I mean it, as my brother still holds 30 lots of hevea bought at 3.03

The biggest issue now is the lacklustre market. Quite a few stocks with good news announced not only did not move but fell lower eg econbhd announcing a new 30m contract and a full order book thru 2016. Also malton on a 700m contract for Pavillion damansara Heights. Both stocks gapped a little on resumption and then sold downwards. Prudence should be practiced in the light of current market developments

So much fun guessing 1m kangkung riddle? I also try... He means bonus issue 1 for 5. I doubt it's a share split since he did say it's supposed to be a 'best' announcement. Share splits seldom have a stronger price appreciation than bonus issue. Then again, market is so weak that it may be difficult to prop up the price when other furniture stocks are giving way.

Looks highly likely then that the supposed announcement on 29/4 pertains to a bonus issue?

The stock price is supported by the MGO. Once it expires, the safety net is no more, which means it will be subjected to the vagaries of market conditions and how well Smrt or creador executes their biz plans. So, a big risk that price may fall below 60 sen regardless of the fact that it is the acquirer's price. Remember, it IPO-ed at $3.80

Murali, I think you're being unduly hard on the old man. Like you, I've read his recommendations on Jtiasa, Rsawit and mudajaya. He gave his reasonings and his bullish stance on oil palm with backing from some analyst from RHB, was it? Can't remember. Looking at the CPO futures chart, which was languishing low, I can't agree with their analysis hence did not take positions. So too was mudajaya, chart was hardly impressive.

The point I'm making is that you can take trading ideas here from uncle Koon, OTB or anyone else but make your own judgement and then take responsibility for your own decisions and stop blaming everyone besides the man in the mirror. Once you accept this fact before pulling the trigger, you will start to learn important lessons on life and trading, whether you did correctly or wrongly resulted in the loss.

Remember, for every recommendation that Koon made, there were many constructive criticisms that many intelligent forummers here took opposite views off (of course, there were more mindless attacks but why waste precious time and energy on those). Therefore, analyse both sides of the story, do your own analysis and then make your decision. More importantly, be conscious of lessons to be learnt, right or wrong.

Murali, even the great warren buffet has made many mistakes in his career, the most high profile of which is Tesco but if you google up, there were more than a few. But that doesn't depart from the fact that he's made much more and still is, the second richest man in the world.

Sad that people always choose to blame others for their own predicament. You guys come to i3 for trading ideas. You've got it, didn't do your own analysis, you made some losses and yet refuse to take responsibility for what is ultimately YOUR own decision to buy or sell?

People like Koon, OTB or Kcchong do not hide under the veil of multiple nicks, stand by their analysis, good or bad, and yet the ones with multiple nicks are the trouble makers chasing them (and their ideas) away in favour for some mindless forummers who know how to shout buyyyyyyy, sellllll, runnnnnnnn. What are you guys thinking? Geezz, grow up people. These people are not God, they are entitled to make mistakes. Yes, they bought in early, saw huge potential and margin, shared their analysis with you (admittedly with some vested interest) but hey, no one pointed a gun to your head to buy ya?

If one were to start a blame game, most of the the highly paid but mostly wrong ANAL-ysts at investment banks should be shot first

Like someone else here, I too received a tip from someone whom I deemed to be reliable to buy into wintoni last year. Got in at 7 and 9sen with info that it'll be 20 sen before year end. Looks like some delay in play. Latest I gathered was before cny, with info that it'll be doubled before chap goh meh. Looks like that target is already met. The rumors relate to some news of a sizable contract to a restructuring. Looks like wintoni's UMA reply has put paid to these rumors and put them to a rest, at least for time being. Whatever it is, today's price activity and volume especially this morning suggests an end to the current rally and a correction is looming. Even if it'll rise higher later on, the immediate rally is exhausted. I've sold all at .18 and .20 for a very good 6 figure profit. Those not in should thread with caution for any broker's clamping on trading this stock due to unsubstantiated news rise. Will check with my source again if any credible news are forthcoming

To me, nothing wrong if TKO indeed shorted the ringgit although technically, he bought dollars with the borrowed ringgit. He is a businessman. If he has the foresight, it's his money. And knowing the shrewd businessman that he is, he would disguised the transaction via a purchase of overseas assets than a downright naked short.

Well, IOI is also doing it via their proposed purchase of Taipei 101 and with that, many other GLC or listed companies too. Are these guys unpatriotic as well.

I agree... No one person can manipulate or corner the currency markets if it doesn't have a structural weakness in the first place. Tong was merely far sighted enough to see it and took his chances, much like any speculator would. No one would have battered an eyelid had he took a wrong bet but because he's now making hundreds of millions at Malaysia's expense, someone is probably red eyed.

How Tong Kooi Ong is attempting to break Bank Negara and crash the RM....

Interesting read on how Tong is becoming Malaysia's George Soros

https://malaysianexpose.wordpress.com/2015/01/28/how-tong-kooi-ong-is-attempting-to-break-bank-negara-and-crash-the-rm-2/

Ahmoi, you obviously may not be around during the 1997 financial crisis, when some of us had to pay 16% interest rate on our mortgage loans. If that's not an economic problem, tell me what is.. it brought down halim saad, tajuddin ramli, wan azmi and everyone else with high usd borrowings

Ahmoi, at 17% interest rate, you will kill your local economy first. So, in order to protect your currency from attack, use reserves, reserves kaput, raise interest rates. But high interest rates will kill off entire industries. And in the Russian context, raising interest rates from 10-17% overnight still sent the rouble collapsing to all time low. So how? Capital controls all over again.

And yeah, that story about AK privatizing armada was purely speculative and obviously written by a MayBank analyst and purposely picked up by the star to publish. Looked like some large hedge funds took size able positions around 1-1.03 and selling into the euphoria

Armada is a great company. Long term contracts, prudently hedged borrowings via interest rate swaps and trading at single digit or low teens PE and nice NTA cushion. The problem now is obviously not company specific ie it's sentiment-driven.

Oil price continues its drop this morning, Russian rouble is near junk with run starting in banks there, possible interest rate hike by US, competition from shale oil etc plus the emerging market crisis in south east Asia is slowly unfolding. With Malaysia, Philippines, indo, India and possibly, Thai central banks all intervening to protect the currencies.

If Russia is going to impose capital controls to protect their currency, it will create a new stampede in emerging markets for foreigners to dump any holdings at whatever price to get out before their money is stuck. Better watch the Russia story because it may get scary.

Stagger Buy armada if you have the capital to hold else, one should stay clear to be able to sleep soundly at night.

The only way for them to calm the selloff is for them to come out and say that a huge portion of their USD borrowings are hedged against USD revenue so it is not a concern. The global selloff is punishing those who borrowed USD on the cheap to fund expansion and acquisitions. Now, with USD up against all currencies, it'll kill them via translation losses in P&L and then realized losses upon recognition. So, currency markets must start the calm first.

Any attempts to play this counter has to be hit and run as oil prices are now subject to fundamental forces of oversupply, weakened demand (most damaging) and competition. Since Skpetro also does exploratory works on their own, it's gonna be challenging for them in this area.

I got in too at 2.49 thinking its a nice bottom since they have big secured contracts but had to cut loss on Friday at 2.20 when a quick view of the accounts probably justified the continued selling. So sad ...loss quite a lot for trying to bottom fish. damn!

Skpetro is the worst performing o&g stock. It's supposed to the the top tier support services provider to the industry with large long term contracts and yet it gets battered . Why? It's because of its RM 12 bil USD borrowing which roughly equals to about USD 3 billion at time of borrowing. With MYR having depreciated more than 15% so far, a marked to market translation of forex losses itself will result in more than USD 450mil loss or about RM 1.2billion +, which will nearly wipe out all profits. Hmmm, that's probably what the market is pricing in now. It's not so much oil prices but the weakening ringgit that will kill Skpetro

Novice traders, beware and do not be taken in by smokescreen comments on the 'potential' of the counter. You have to acknowledge that what has transpired is a structural issue that margin loaning facilities have been greatly reduced or withdrawn due to over-speculation. Such an announcement almost always is a dead kneel for the stock. Too many precedents ... The collapse of Blumont group in Singapore, and hibiscus petroleum here. Look at them, till today still buried inspite of the many optimists views and pacifiers that the inherent fundamental business is still intact. In all honesty, those caught should have an exit strategy in place, no matter how painful. Those not in should stay out. The wild gyrating swings will take your emotions on a roller coaster ride that will either leave you with some penny profit or worse, pounds of worry, instead. Don't have to be a hero. Risk should be your primary consideration, not potential profits

In a nutshell, Not too bad really. Logistics division provided nearly a 30% increase in revenue and 80% increase to PBT compared to previous quarter. The downside was really lower contribution from property sector due to the key projects at nearing completion stage thus lower billing. The logistics division is still going on very strong

The focus of the article is not on the warehouse sale but possible interest by FGV on ILB that is 'rumored' to be the factor in the recent run-up.

From star biz on Saturday

FGV scouting for logistics company to acquire

FELDA Global Ventures Holdings Bhd (FGV), the world’s largest palm oil producer, is exploring more options to unlock value and monetise its transport and logistics division, say sources.

Since last year, rumour has been rife that FGV was looking to acquire a substantial stake in logistics company Century Logistics Holdings Bhd. The reason for this was because FGV wanted to inject its own transport and logistics division into a listed entity to create more efficiencies and scale.

Sources say the deal has been on the air for more than a year. There is a strong possibility that FGV is also evaluating other logistics companies.

Another listed company that has been bandied about is bonded warehouse operator and logistics provider Integrated Logistics Bhd (ILB). However, this isn’t the only company that FGV is looking at.

ILB, which is set to become a cash company, has jumped 14% over two weeks to close at 94.5 sen on Thursday following this rumour.

Last month, ILB told Bursa Malaysia its indirect 70%-owned subsidiary, Integrated Logistics (HK) Ltd (IL HK) has agreed to dispose of its entire equity interest in ISH Logistics (Shenzhen II) Ltd (IL Shenzhen) and Integrated Logistics Henan (HK) Ltd (IL Henan) to Winfair International Holdings Ltd for 988 million yuan (RM519.3mil).

ILB said it expected a pro-forma gain of RM178mil from the disposals.

Someone posts a stock recommendation, some see it as an opportunity for knowledge while others will see it as an intent with ulterior motive by the author. See the problem?

The problem is not with the author but with the interpretation of that event by the individual and this vastly divisive interpretation is the cause of all the sorrows, wars and fights in this world.

Why can't we see and appreciate that we have a very good platform and authors in i3 to share knowledge and that a good or bad posting is a lesson to be learnt in its own right? The question is, are you conscious or this lesson or simply, blinded by the follies and pains of your past trades and fear of the future losses to be oblivious to such rich education?

I trade for a living and have been trading very profitably with my momentum trading style, but this was achieved after many painful lessons of losses and more losses. But the one thing I had was persistence and perseverance and each loss was an opportunity not to make the same mistake (or even if I make the same mistake, I make sure it's smaller than before).

Look! The day one can realize that trading, like in so many other life pursuits out there is a battle between you and yourself and that YOU MUST CHANGE THE WAY YOU SEE THINGS, AND THE THINGS YOU SEE WILL THEN CHANGE

It is good to be cautious but not to the extent that negativity consumes you into submitting to its reality that everyone in this world is evil. The day that happens is the day one stops learning and leads to an undesirable outcome

To one question whether one should cut loss, whether one is trading short term or investing for the long haul, if you have confidence in your system, temporary blips in stock prices are simply events that occur within your realm of events. If the same reason why the stock the stock was purchased had not changed, you sit rock solid on your position

Bottom line, win the battle with yourself and the war is won. The outside world is simply a reflection of your own thoughts and manifestations. You want a positive outcome, manifest that in you and your thoughts

On a deeper level, I can easily relate to what Uncle koon has said to the Law of Attraction at work ie you will be attracted to what you are, think and see.

If you are an inherently positive person, you will immediately recognise the positive traits of the person or people whom you will come into contact with. Conversely, if you are surrounded by negative thoughts and suspicious feelings, it will be these kind of people who will come into your lives and you will continue to negate any positive energies that is being emanated by the good Intent of that person to you.

And there are a lot of such people like that in this forum. Lambasting blindly when someone with a good intent makes a wrong call. When you begin to reliase that the self is the root of the problem, only then will your lives be impacted for a change, and a positive one at that.

Therefore,if you want to change your lives (and your trading or investment success), you must start with the man in the mirror. Change your thoughts, attract positive energies and see how this will attract the same back to you.

I am quite fortunate that I've met many noble people or mentor in my life that has shaped me. They did not directly impact my trading style but because of their energies, attitude and mental fortitude, I've learnt to shape my thinking... To see the positive side of things (hence attract more positive people into my life) and to hold a a positive attitude (no matter how many times I've lost my pants in the market) that I've begun to trade profitably for a living.

Reflect on this,

Just when I thought life has deserted me on something good, it has actually prepared me for something better.
(How many people can think this way in the face of a negative situation?)

Thus, to change your life, change your mindset and you will begin to attract the right things into you.

On another note, I'm very amazed at uncle koon's persistence and perservance in continuing his generous imparting of knowledge and nuggests of wisdom despite all the unwarranted abuse. He is a true angel

@frank, if one thinks the edge is the newspaper, one is then dangerously close to falling off the edge instead. You should Keep to your Focus (Malaysia) instead. :) -(loved their potshot at The Edge)

When I have urge to talk cock, I'll pen in a word or two but heres a start - don't trade any breakout nor anything that moves. William o Neil only does cup and handles, jesse Livermore only watches price and volume, etc. you could be using Joey yap's flying stars fengshui methods. As long as it works for you