sell ? Paperplane ?
If you say sell at this counter, what else can buy ?

paperplane2, why don't you just shut up and provide a better constructive idea.

Go open a thread and talk about your stockpick.

I have only 3 advice from my sifu.
One of them is - Don't predict the market. If market is predictable, no poor man on the street.

The true value lies at it's OCF ... and FCF... huhuhu ...

I say buy, wanna bet ?

emo, you sounds knowledgable in the telco industry... Thanks for the info... I'll observe how XOX turn out ...

FYI, Leopards' never change it's spot... that's why people keep on avoiding VT counter..

Go and check the history of INSTACON lah....

I still remember when it hovers at 25c to 35c that time.
That M.D. throw all the share for us to mop...

Lucky we are not stupid enough to eat her share, but had to cut lost avg 1-2 bid .. diu...

ask around and see how many instacon instead of instagram is shared.

leek, warrant is not so "worthy" when the mom is a divvy-type share...

Please factor in the cash available AFTER paying loan and finance payment.

I doubt the value will be 23.9m as you stated.
If I am PBA, I will reserve the cash to repay the loan, before I announce it as dividend.

Bought at 2.10 again.
Reason to bought, potential of 70% increase in dividend once the new factory sets in.

The QR release in November, I expect at least a 20% increase QoQ as new factory is set up at September (QR report July -> September) ... (70% x 1/3 = 23.33%)

dafaq with that 1 with 6 rights ... sharepool will definitely ballooned....

Tan KW ,

HOMERIZ Dividend (30,000 unit)
30/07/2015 First Interim Dividend DIVIDEND 0.0150 27/08/2015

And add on SOLID Dividend (12,000 unit)
27/08/2015 Final Dividend DIVIDEND 0.0200 04/11/2015

i'm a bearish wolf, awoooo....

paperplane2, or other fella that have prejudice towards Icon8888, I just have 1 thing to tell you.

" You tak suka Icon8888's post, you boleh keluar, you boleh avoid buying his call or such thing"

It is really an eyesore to look at some forumer attack other forumer. You all are adults, grown up, and do your things.
___________________________________________________________

To Icon8888, To make vendors a stakeholder in company. Yes.

But to me, this deal just tells me something. The CF Generation power "might" be strong (well, I assume it coz it has 23c CPS), but they are not utilize it well to generate funds to shareholder...

base on the 228 million share , 23 cent cash per share, it has 52.575m cash.
Why AWC must issue share instead of paying them in full ?

That's the question of thought. Cash is not good when it is not utilized ...

With such deal, why don't AWC utilize their cash to buy over the company ?

hihihi ... siapa keep lagi...

one question is where is the realised gain on forex... hmm...

It is unrealized gain... please read the statement

There is nothing called safe and dangerous.

There is only calculated risk.

Lol ... don't need to bring up Wellington or EPF supporting the share.

They have big fund to support their position. They can buy 70, sell 73, buy 60, sell 63 - profit all the way and averaging down.

We are just a small potato whom had the advantage of swimming fast.

no need to argue so much. Time and your coffer (not coffin) will explain your investment result .

EBIT was at 5.337m for half year, if you obtain the L4Q, EBIT was at 11.76m.
Together with 163m total issued share, EBIT was at 7.2c per share.
There is no debt.
There is 10.75c cash per share in MMSV.

EV = (0.635x163m)-(0.1075x163m) = 85.9825m
EBIT = 11.76m

EV / EBIT = 7.31143
(assumption is made that the 2015Q3 and 2015Q4 will have the same result as 2014Q3 and 2014Q4)

It won't turn you rich. But It won't turn you poor.

Lol, undervalue ?
are you even sure ?

Judging from EBIT RM 1b annualized.
EV at 14.032b .. (1.01 x 2.8b issued share - 1.83b cash + 12.368b debt+ wipe out the 637m loss of MFRS128)

Real PE at 14.032 .
EY = 7.126%

2 reason for me to avoid AIRASIA :

1. How many years for EBIT to clear the debt.
2. MFRS128 accounting standard.

Zac ???? Is that you ???? Member of THMM ??

3rd spring test of 69 area, and still unbreakable.

不要那么笨，辞职铁饭碗。

根据我所知，你的60岁退休后，就有60% pension养你。可能你看不到这笔钱先，但是你的60%是base on last pay, 你想看如果 DG 48 T7, 就有起码5k的最低薪水，来一个 60% calculation = 3k。

每个月退休不必工作都有3k拿。 这只是DG48T7, 如果在上到Dg52 ?

政府工务员的福利，我不必多说。 Golden hand shake, 1st class government hospital service (require DG44 above), Annual bonus, caruman special.

不能大富大贵，但是确保你饿不死。

Anyone here knows what is VSA ? Its a Spring.

bearish sign ??
Anyone know how to read what is that day's candle ?

The receivable is my 2nd degree concern.

The major concern is the cash generated from operation against the debts.
EBIT was 27.7m annualized. How long it need to take to completely wipe out the debt ?

It needs to take 5 year plus to pay all the debts.

Note that I'm talking about EBIT... if I'm talking about cash from operation, that will be lower.


Debt is not a bad thing for growth if you have strong cash generating power to pay it back.
but it is definitely a bad stuff if you have no ability to pay it back.

Please don't attack me because I post these calculation.
I am merely analyzing on neutral basis.

I might take some position once I saw cashflow problem have the indicator of entering "resolving" stage.

PE stands at 4.53.

We will use another Enterprise approach to value it.
EV / Ebit.

Enterprise Value : (844.89m x 32c ) then add debt (255.32m +7.6m ) and deduct cash (21.3m + 14.4m) = 497.5848m

Earning = 15.4m
Interest income = 9.774m
Taxation = 1.3m

EBIT = 15.4m - 9.774 + 1.3m = 6.926m per quarter
Annualize it 27.704m

__________________________________________________________________________

EV/Ebit = 497.5848m / 27.704m = 17.960.

Inversely, it is Ebit/EV = 1/ 17.96 x 100% = 5.68%

EY% at 5.68%.

I'm no financial background fella.

But borrowing shot up from 214.1m to 255.32m . (30.22c per share)
Recievable shot up from 364m to 425m . (50.3c per share yet to be paid by customer)

GP stands at 9m .
But Profit from Core Operation only merely 5.4m per quarter. (0.7c per share per quarter, that makes 2.8c per share annualized)

Judging from the trend, I think the low PE is due to worrisome amount of debt ... and bunch of recievable which is doubtfull..

thank you for sharing coolio. Much appreciated =D

People will share how they pick share, but not the strategy.

Because by selecting share, they can tell the world they able to pick "the strongest rook" in the chessboard, but in fact, he sucks in planning... or he exchange a rook for a pawn....

Complicated ?
To get a good annually CAGR, I think this is the most vital skill to learn.

choolooi
4:4:2 allocation . 4 parts of ? another 4 parts of ? another 2 parts of ?

Personally,
I'm using my own portfolio system which is a mix of conservative-growth system since my capital is small.

Allow me to talk about my personal portfolio management a bit.(you can skip it if you want to)

My system consist of 4 parts.

The first part is building a nest of of growth stock. The growth stock MUST have the potential to build the moat and have the ability to achieve organic growth for at least 5 years.

I'll just list an example (but I do not own it), SAM Engineering.

The second part is punt . I wouldn't go further.

The third part is rotational growth play. The company have the potential to grow 30%-100% within 1-3 years, but it is cyclical in nature. Example ? Property is a good example . Furniture yes. Semi-con yes.


The fourth part is the growing dividend building system. This is one of the interesting part of the system.

zero order of return (one-off gain) : Buy low sell high
1st order of return (recurrent gain) : buy for fixed dividend.
2nd order of return (increase recurrent gain at arimethical pace ) : buy for increasing dividend in AP phase (example : 5c, 6c, 7c, 8c, 9c )
3rd order of return (increase recurent gain at exponential pace) : buy for increament dividend in GP phase (example : 3c, 3.3c, 3.8c, 4.5c, 5.5c ...)

The final objective is to find the 3rd order of return, so that to maximize the recurring income in this category.

Mark this price, 1.52 ...
you will be astonished when 04/08/2016.... .. might be 2.15 ... or 2.51.. lol

Grade A company, but does SAM have Grade A valuation at current price ?

I only give Grade B+ at this current price...

yayaya, you can continue hug in red chips.
But do not con the newbie to follow you.

Theory is one thing, Practical is one thing.
A good financial story doesn't usually translate into good return.


Thank you.

*facepalm...

kcchongnz sifu... I know your intention to provide financial education, but by posting that portfolio up (which he may already cut lost or bought other share, of course, he doesn't and do not have the obligation to tell when he sell or what he buy) .. you are inviting for a fight ... ...

As expected, not much people care about this thread.

People are in i3investor, for quick buck.

After all, nobody listen to me because everybody is listen to WiseEye for the wise advice.

Supply and Demand rules the market....

If that shareholder keep it and place it to the institution market, it will be a win-win situation. (because institution can't buy and sell frequently, hence, doesn't affect the supply much )

But instead of that, he sell it in open market. Supply gone up.... Demand can't cope up.. Sayonara.

since 2013 until now, I warned about INSTACO ... yet, people tell other's I am a bullshitter.

Last time when INSTACO was goreng-ed to 40 sen somewhere, we are damn optimistic about it.
Until the major shareholder fucking dump the ticket to us.

We lost hope and throw the ticket back at a lost of 2cent ....

Malaysia Lifespan for Chinese is 74.4 M, 78 for Female.

Brother, thank you for the formula for calculation.

They tell that investing/personal finance doesn't need to be very complicated.

But for me,
Complexity with suitable application is the best usage.


"Remember, Knowledge is power"
"Keep On Learning"

fortunebull (portfolio removed ???) ... LOL ...

My core holding yet to go up ... come on ... xD