LTAT is in dire to raise fund to subscribe the Boustead right issue.No more money to invest in others non core biz

base on the exchange rate as of end march 3.91, the normalised EPS for LCTH should be around 1.5 EPS per quarter. With cash/share of 28 cents after minus off the dividend pay-out, the fair value of LCTH with PE10 should be 8.8. Unless RM continue to strengthen to below 3.91 in Q2 which I think would be quite unlikely knowing FED is going to increase the interest rate.

Sadly all the short term player only looking at current quarter EPS which caused the panic sell recently. Today most likely lots of margin call force sell. Short term looks very bearish and very likely more force sell is on the way.

A lot of sell call here so if you follow don't you think that you are also having herd mentality ? It is as though that for FLB only buy is considered having herd mentality due to KYY but sell is not? Those who keep asking people to sell are you not creating herd mentality for others to follow ?

Company registered an increase of cash balance despite lower profit. Cash per share equal to 32 cents/share from 30 cents/share in 2015. The issue is with the forex volatility of which whatever unrealized gain/loss could be reversed in the coming result. Anyway, it all depends on your investment objective, for short term player, you may sell if you have the stock or stay side-line since the earning is not good and the current market is weak. For long term investor, since the DY is attractive, you should at least wait for the coming quarter to confirm your investment if you still holding the share.

Hi Mr. Koon hope you can read my comment here. All the while you give everyone an impression that you are super investor and you also openly disclose your golden investment rule how you pick the stock and when you sell the stock. Until now there is no doubt of your stock pick but your selling on latitude and VS now confuse everyone as both of them still continue to report good earning YOY. May be you can share the reason or else I aftaid going forward people will be very worry holding the share you recommend since you can just sell good stock without any reason.

Unrealized forex gain or loss is not confirm and can be reversed in future. Unfortunately lots of retail investor don't really understand accounting practice.

Today surprising hexza who had the reverse fired gain which = loss didn't encounteted panic sell

The 2016 Q3 EPS is only 0.6 cents, 50% dropped YoY from 2015 Q3 1.2 cents. The main reason is because of the one time reversal of foreign gain of 2.51M otherwise the company should have reported EPS of around 1.9 cents.

The company is super cash rich until they have to invest the cash into others type of short term investment which generate 1.83M of dividend so far in 2016. The cash/share alone is 0.67 cents (cash balance + all investment) which means investor only pay 21 cents for the entire business. Overall the business is still generating profit.

On top of it there is 10.3M asset held for sale in the current asset or about 5 cents EPS which I think will be reflected in the next Q report once the sales is materialize. Please correct my assumption here if you think it is not correct.

Hi mr Koon, you need to explain why you sold Latitud and VS as both of them registered increase YoY EPS which contradict to your your golden selling rules that you shared in I3 whereby you only sell when company fail to maintain its EPS grow on 2 consecutive quarter. As for FLB you sold due to margins call which is a valid reason since you have no choice.

This is very funny. When you make profit from those who recommend the stocks in I3, you say they are GOD but if you loose then you say they are Con Man.

So you are sure others will not take advantage of you except KYY when they promote stocks in I3? You must be very naive to think so.

If you have the mindset that everyone is trying to take advantage of you then why you still want to follow them blindly? You know you are ikan bilis, you need significant jump in share price for you to take profit but others with huge volume can make profit in just 1 or 2 cents different. So it is very logical for them to take profit if they want to. Capital market is never a equal field for everyone especially ikan bilis like you and me. So stay away from stock market if you have others investment alternative.

If you really want to be in stock market, there is no others way but to put in your effort to learn and don't expect that you can be expert in a short period of time and don't blame others for your own laziness.

Harry, don't miss our LCTH in your export list.

Rule of investment if you have doubt don't touch

You should worry more when they will exit rather than when they come in as these are all hot money. They are not here for long.

Only when the tide goes out do you discover who's been swimming naked. Warren Buffett

Flb registered 7 million futex gain in 2015. So if you strip off the amount from 2015 net profit. The EPS is about 21 cents. If you refer the myr rate at the end of 2015 it was about 3.6. Best in mind that flb has a net cash of around 60 cents/shate so theotiticalky it should worth 2.7 if based in PE 10. With the crude oil price unlikely to go above 50 ringgit at the current market oversupply condition. I don't see runggit can reach 3.6 in 2016 needless to say 3.2. Flb also registered grow in revenue in 2015 and us expecting it to continue in 2016 due to improve U.S. economy. Q1 in 2016 result will give some hint in it. The company also gives 150 dividend in 2015 or DY 6.5%. Basically at current price it is still quite attractive.

Every OR entitle for 3/7 free warrant. Theoretically warrant price is about 1/6 of the mother price since it is out of money. So it will be around 30 cents. So 30 X 3/7 will be about 13 to 15 cents. So the cost of OR, 1.57+0.33-0.13=1.77 which is still 6 cents profit. This is subjected that the mother share can maintain at 1.83 or above and the warrant is trading > 0.3

Hi Senneskathi, you can actually sell the OR if you dont intend to exercise the right. Otherwise you need to fill up the right exercise form (get it from MBB IB) and purchase a bank draft for the exercise amount and submit the form and the bankdraft to the MFCB registrar office. YOu need to decide fast, once the OR trading is over, you have no choice but have to subscribe or else you will loose out.

I always believe that a company wont simply declare big dividend if they are not confident of the future cash flow. Petron registered positive cash flow of 200K in 2015 and reduce the debt by 400K. It is amazing. I believe today selling is because of the retail investor who are caught buying at high after the stock break the 7.00 resistant as many punters like the breakout. so when price drop below 7.00 this group will start to sell. If fund manager is not accumulating, the price will continue to slide until they finish selling. Most of the retail investor will stay away from this counter for a while or just play rebound. No one want to catch and hold a falling knife.

Hi Possible88,
If your entry price is high said now you are at lost more than 10%, I would advice you to cut-lost at least half of your portfolio because any further decline of the share price will cause you to be very worry . Hopefully tomorrow can rebound a bit and you can sell. The otehr half you can be leave there as I see the company prospect is very good. Petro consumption is recession prove and with current malaysia economy, there are not many biz that is as resilient as petro biz.
PetDag also reported poor result in Q4 only 9 sens but because the counter does not have many shorterm investor, the price not really affected. So why cant we give Petronm another Quarter to prove their performance.

Dear OTB
All others forum when recommend stocks always had a clause. This is not for buying and selling recommendation. Trade at your own risk. You just have to emphasize this in your stock list. But one thing you may need to help those who are trapped how to cut loss and how to manage their capital. Do not put all eggs in one bucket. Once you do all these, people will not blame you.

Petdag experience the same Poe result in q4. What happens to the share price now? Nothing. Prospect is not bad if oil price start to rise gradually. Bear in mind q4 mandatory shut down had caused the revenue drop by 18%. Shell incur losdes bcoz of the shutdown

KYY should rephrase his sentence to I am lucky to have margin call for FLBDB only since it rebounded after the margin call. Just imagine if the share price continue to slide...

Guys no one force you to buy or sell. Be rational thinking. Do not talk ill of others especially during Chinese New Year festival season. At least one thing for sure that mr. KYY had donated so much to education. Something you and I will not ne able to do in our whole life. So do respect and be gentleman on agree to disagreement.
Wishing all a very happy and prosperous Chinese lunar year.

It all depend on the reason you buy. If your reason is solely based on depreciation of rm. You may sell. You should not have herb mentality. For those who yet to buy, if you don't intend to buy, please comment with facts not just based on your feeling and emotion. For those who had exit and made a loss, don't blame others and don't give negative comment without facts.

it is totally not fair to generalize all export companies in this case. Don't you know that it is the export company that have saved our country economy and make sure our current account is always positive. Agreed that some export company had gone up too much especially those with no increase of revenue but is not fair for company whose price increase due to improve earning from better revenue. We are all just lazy to go into detail and take the easy way to avoid all export company.

Thanks YiStock for such a very detail analysis. From the color of the report, I know which IB you are referring to who always give over optimistic TP for stock that they want to promote and sometimes (not all the time) provide unfair/unprofessional analysis for stocks when they want to downgrade. It happens to tomypak as well where I laughed when the report said that the reason of downgrade because they doubt the sudden surge of the profit margin. In fact nowadays, I am really in doubt the accuracy of the IB report as they are just too many misleading reports cases.

Net gain of foreign exchange (4,265) (829) (7,010) (271) - FLB reported 7M exchange gain as of Q3 2015. So expecting 10M gain in 2015. However, revenue and net profit is also improving in 2015 and expecting PAT in 2015 should be 30M. Lets be conservative and assuming no forex gain in 2015 (back to USD = 3.64 end of 2014) meaning PAT is 20M or 19.4 EPS. With cash per share = 0.82/share and PE10, the fair value is around 2.76. Bear in mind this is provided that Ringgit will back to 3.64 as of end of 2014.

Hi Tan
Don't understand how the % of return of this 2 portfolio calculated.

cpo_ http://klse.i3investor.com/servlets/pfs/54606.jsp 10.44%
Icon8 http://klse.i3investor.com/servlets/pfs/54604.jsp 6.91%

Dear All,
In i3, We are here to help the investment community by sharing the investment knowledge and not to curse each other. No one is GOD here. For those who recommend stock in i3, please also has the courage to admit mistake if the stock is not performing as expected and move on. For those who follow the buy call, please always remember that you are the one who are responsible for your decision. Do not blame others. It is not easy to recommend a buy call as there are so many factor that can impact the share price which is beyond our control.

http://klse.i3investor.com/servlets/pfs/54081.jsp

My self-managed portfolio

Hi Mr Tan, Please add in my selection
FIBON 20%
PETRON 20%
TECGUAN 20%
YSPSAH 20%
UNISEM 20%

May I know what is the rules and how to submit? Just post the list of counter here will do?

Do you mind to share your template?

Hi Grace, when you invest in a stock market, you must always make sure whether you are going for a long term investment or just a short term investment. If long term, you must make sure that you invest in a very good FA company but again you must also make sure that you are ready to buy more when the share price decline in a bear market as it make the valuation of the company more attractive. In order to do so, you must have a very good capital management. You seems to buy 50 lot of Coastal at one go which is not a good strategy when invest in a long term counter unless you have another 50lot equivalent of cash in hand.
If you are going for a short term investment, then make sure at least you cut half of your holding when the share price retrace > 6-8% or if you know how to read chart then sell after the strong support line to reduce the risk.
Now we are in the bear market, assuming if you only invest half of your capital previously and you want to hold this company for long term, you can now top up at the next support line around 1.60 as though that you are using the same amount of money to invest. For example, if previously you invest 50k which is 20 lot at 2.50 ( assume no fee), at 1.60 you should be able to buy 31 lot. So now you have 20 lot, you then top up another 11 lot. If market rebound you need to do the reverse and take back some of the capital in a case the market continue to drop.
Problem with most of he retailer is that everyone just thinking of earning big and throw in all the money at one go. They never think of what to do if share price decline or market crash. Long term strategy is always buy progressively when valuation is attractive not aggressively. Moreover, I will always prefer to invest in a company with DY > 3% for long term holding at least it is better than put my cash in the bank.
To be honours, I am starting to accumulate coastal now and will continue to buy at each support level. I will only sell if the company FA deteriorated. At this price, the DY now is > 4%.

If you really cannot sleep then my advise is to cut half of your holding when market rebound unless you are very confident if this company.