Helen, where do you get the pdf copy of the edge?

Assuming an annualized full year profit of RM 0.08, on a NTA of RM 2.44, Parkson is only making a sad 3% return on capital. Even if profit doubles, that would be a 6% return on capital. The right thing to do for Parkson now is close down less profitable stores. But I dont think the management could take such a hit in their ego.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1803093

Another quarter another poor results. Retail is the hardest business to turn around in the world. Hope our friends here realize the nature of this business.

Here comes the boss!! LOL

SimonSezs, not a pump & dump if you enter at 60c!

AT, What is your target price for SMRT?

Repost #1

I believe the imminent uptrend of MEGB will be formed in few stages;

1) MEGB quarterly profit (Objective attained)
2) Official announcement of SMRT buying into MEGB after due dilligence
3) Change of management & board members
4) Sale of properties
5) Operation profit turn around

The uptrend will go according to these stages which will take at least a year. I believe the share price will hover around 0.6X for the time being. The real trajectory surge in share price will only occur when MEGB shows operating profit which I think would take another 1-1.5 years. Just look at the facts, we have a Mr. Education in SMRT CEO and a strong backer in Brahmal. Rest assured, both parties will make sure MEGB a success. I cant think of a better management team and controlling shareholder that could turn around a university with multiple licenses.

APA LAGI INVESTOR MAHU?

Dropping below IPO price!

The problem with your analysis Mr. Lim is the share price of CIMB is RM 5.70. Are you happy with a company that makes RM 0.45 on RM 5.70 on peak industry cycle which is equivalent to a 8% return?

I believe the imminent uptrend of MEGB will be formed in few stages;

1) MEGB quarterly profit (Objective attained)
2) Official announcement of SMRT buying into MEGB after due dilligence
3) Change of management & board members
4) Sale of properties
5) Operation profit turn around

The uptrend will go according to these stages which will take at least a year. I believe the share price will hover around 0.6X for the time being. The real trajectory surge in share price will only occur when MEGB shows operating profit which I think would take another 1-1.5 years. Just look at the facts, we have a Mr. Education in SMRT CEO and a strong backer in Brahmal. Rest assured, both parties will make sure MEGB a success. I cant think of a better management team and controlling shareholder that could turn around a university with multiple licenses.

APA LAGI INVESTOR MAHU?

If CIMB resumes its free fall, the next evaluated support is sub RM 4. I would say "invest" carefully guys

I am seeing many sour grapes here. When MEGB didnt move, nobody was paying attention. Now that it has moved all those cats and dogs suddenly come out and whack alpha trader. Dong blame people for missing the boat lah

Guys, dont be sour grapes here. Just buy both counter lah

Alpha Trader, this shows the market is slow to digest fundamental changing news. Smart money has been holding this stock for the past one week while share price remains stagnant!

DKSH is trading around 15++ PE as of now. If you think DKSH is worth 30X PE, then RM 6.50 is a good buy

Assuming one course being offered in MEGB is RM 36k for three years. That is RM 12k per year. WIth a net profit margin of 10%, that is RM 1200 per student per year. To hit RM 5 million net profit per year, MEGB has to recruit 4000 students.

Other than that, this stock is a no brainer. I will be happy if MEGB returns cash to the shareholders while share price remain stagnant. This will give me a chance to whack an education business at RM 30m which has a high opportunity of earning millionsssss in future.

The only risk I see in this stock is many weak minorities sell their shares out to SMRT and Brahmal. I hope they see the opportunity in MEGB.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1794693

Quarterly results not looking good. This stock is going to have heavy menses on monday.

Is MEGB not being privatized right now? Once the 32.9% stake sale goes through, MGO has to be conducted. If I were Brahmal or SMRT, I would privatised the whole company at 60 cents now rather than few years down the road which could make the acquisition a lot costlier.

Do your homework lah. Profit improvement has been priced in since many months ago. It has been a profitable ride for me. Those who entered at this price. Hahahaha!

The only thing that is keeping this ship afloat is the high dividend yield. For a low growth (may I say declining?) business like Padini, it is worth 10x PE at most. My TP for Padini is RM 1.4X or a minimum 15% downside. Believe it or not, once Padini's dividend is cut in the next financial year, the stock will tank below my TP of RM 1.4X. I wont explain why Padini's dividend will be cut. As a responsible investor, you should do your own diligent.

To the buffett wannabes here, I must say, be careful of what you wish for. I know this post is going to get a lot of sticks. But I am seeing many new investors making newbie mistakes on this stock and I am here to give them some light. I will be back once Padini hits RM 1.4X.

15/10/2014 Flintstones

Update 1

It seems that the share price continue to inch lower towards my TP. Again, dividend investors must consider future dividends than current dividends to compute its prospective dividend yield.

To Benson911, there is no big fish or small fish in the stock market. The only fish exists if water fish.

21/10/2014 Flintstones

LOL Mr. Ooi. How can you use Price to Book to compare a financial company and property company? Most financial company trade at a premium to book while property company will trade at a discount. Please dont mislead new investors.

Too long, did not read

The only thing that is keeping this ship afloat is the high dividend yield. For a low growth (may I say declining?) business like Padini, it is worth 10x PE at most. My TP for Padini is RM 1.4X or a minimum 15% downside. Believe it or not, once Padini's dividend is cut in the next financial year, the stock will tank below my TP of RM 1.4X. I wont explain why Padini's dividend will be cut. As a responsible investor, you should do your own diligent.

To the buffett wannabes here, I must say, be careful of what you wish for. I know this post is going to get a lot of sticks. But I am seeing many new investors making newbie mistakes on this stock and I am here to give them some light. I will be back once Padini hits RM 1.4X.

15/10/2014 Flintstones

Good article except the part which idolizes Mark Mobius. Mark Mobius has always been regarded as an emerging markets specialist. I had say he has a bigger name than real results.

This counter is gone. It will never see 0.50+ again. Those traders who are suffering paper loss..good luck being the next warren buffett

When hohup was trading around 1.4x, many people told me that it is cheap, undervalued counter, bukit jalil gem etc etc. I wonder where are the promoters now???

I suspect this time the directors are selling

Please continue your write up. Keep up with the good work.

Well, if you think holding Kuchai for 5 years at a CAR of 11.9% is attractive, then it is attractive. Anybody who is literate could see Kuchai is an undervalued company. The question is whether the investor is patient enough to wait till the cow comes home.

So, chongnz, do you want to own Kuchai??

Haha. I have heard about this undervalued counter since many many many many many years ago. Its true value never show after all these years. Good luck to all net-net investors!

WAH PE 70

Yup, good write-up on Gunung. His writing style is so similar to Salvatore Dali. Very easy to read for newbies

As I said before, Sumatec is a done deal ever since that big drop. Prop traders in bursa do not like to play shares that suffered from a big drop. It is like a guy who doesnt want a bitch who dumped him before. Understood?

P/E 30. Crazy valuation to pay for a low growth biscuit company.

can we report this to the securities comission?

Congratulations to those who followed KYY into Jtiasa. If you lose money in Jtiasa, you have nobody to blame but yourself. According to KYY, he may not lose money in the Jtiasa trade. As a public investor, KYY has completely lost his reputation and credibility. People will only remember him for this.

I remember back in investalks. Some people were claiming Inari's book was falsified. Maybe someone who reads that trash forum regularly could enlighten the confused.

How old is this Kydarun? He believed everything KYY told him?

Wow. Ho Hup just go diluted again

Property stocks at the moment are good for a trade. Enjoy the bull run while it lasts

HaHahahahahaaa

@speakup mind to share what is the issue?

you guys need to stop cheating yourself. the big money has left sumatec. what you guys doing now are holding on to a hope that sumatec will fly again. GOOD LUCK AND MORE GOOD TRADES AHEAD!

Why is it not announced on bursa website?

KTB is not a penny stock in nature. Their business is insanely profitable. Maybe some accountants can shed some lights on the basics of depreciation expenses 101

Dear Crecimento, I must say you are something

Fully agree with stock operator. I believe many here have portfolio less than RM 100k. Not sure if it is worth the time considering the annual/normalized capital gain of 15-30%. Investors having small capital will be much better owning properties. Imagine 10% down and your property appreciate 100% upon VP after 5 years. You will make RM 900k before fees and interests. Now you tell me which stock in the main board can give 10X return in 5 years. I can only name one - DSONIC and how many bought it?

@power Although I am incredibly critical about Padini, it is one of the retail stocks that I like. However, my perception which is not important to you, is that Padini is currently fully valued. People are investing in this stock are investing on the premise of the high dividend yield. And good luck, it is just not my cup of tea.

That shows how dumb are our research house analysts

1.84! People still holding for that 5% dividend yield?