I always 80% FA...20% TA...

TA most of the time apply at index moving......for individual stock not so much dependent......

If you still using too much TA on individual stock......sure gg.com.......

^^^https://klse.i3investor.com/servlets/forum/800000972.jsp

Aiyo......just talking only...suddenly 0.705......

Really gg.com....worry today can break 0.700......

No chance to accumulate lower again...............

Surprisingly buying interest emerged again......

I still holding this Gadang...

At the same time also holding KimLun...

Both small cap construction counters also slowly slowly accumulating...



Posted by Keyman188 > May 7, 2020 11:23 AM | Report Abuse X

Haa...Haa...I still holding Gadang for next hot spot booming......

If come down to my favourable level then buy again......

But I also holding other small cap construction stock, KimLun Bhd......

I also still gradually accumulating as well......



^^^https://klse.i3investor.com/servlets/forum/800000972.jsp

China, U.S. Teams Agree to Work to Implement Trade Deal

(Bloomberg News May 8, 2020, 10:31 AM GMT+8)


China’s Vice Premier Liu He talked with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin by phone on Friday Beijing time, according to Chinese state media Xinhua News Agency.

The two sides pledged that they will create favorable conditions for the implementation of the phase one trade deal between China and the U.S., while cooperating on the economy and public health. They also agreed to maintain communications.


##https://www.bloomberg.com/news/articles/2020-05-08/china-u-s-trade-teams-agree-to-work-to-implement-trade-deal?srnd=premium-asia

Orient - from 4.99 to 5.45 (just 3 trading days)

UMW - from 2.07 to 2.18 (just 3 trading days)

MBMR - from 2.79 to 3.01 (just 3 trading days)

BAuto - from 1.16 to 1.35 (just 16 trading days)

This sector slowly capturing market eyes......

China Money Manager Up 52% This Year Starts to Buy More Stocks
(Bloomberg News May 8, 2020, 4:00 AM GMT+8)

A Chinese money manager whose stock fund has climbed 52% in 2020 says May is no time to shy away from equities.

Wang Rongxin, general manager of Beijing-based Rosin Asset Management Corp., thinks a buying window is at hand. Key annual meetings of the country’s top legislature are set to start in two weeks, and he says possible policies to emerge should fuel China’s economic recovery following pandemic-related lockdowns.

The Zhonggang Yinrun Private Equity Investment Fund, which launched in August, has benefited so far this year from bets in 5G, electric vehicles and pharmaceuticals paying off. It has averaged about a 75% allocation in stocks, but he said the fund could top 90% this month.

“There are dozens of stocks currently on my radar with relatively higher certainty” in areas from infrastructure to the digital economy, said Wang. “Market valuations are close to the bottom, so I am gradually increasing positions. If the market drops 5% or more, I will buy stocks decisively.”

China’s stock market, the only one among the world’s biggest to have not fallen into bear territory this year, has also held up following the recent five-day Labor Day holiday. Investors have shrugged off escalating tensions between the U.S. and China, instead focusing on the prospect of more stimulus from Beijing later this month that could put a charge in the country’s financial markets.

One prime target for Wang is infrastructure, long a home for stimulus spending in China. A trial of real estate investment trusts was announced last week, geared toward allowing Chinese to help fund infrastructure projects. And from the government, “there is still a lot of room for fiscal policy” to be put toward infrastructure, he said.

The fund at Rosin, a firm which manages about 1 billion yuan ($141 million), has been helped by investor optimism toward the rolling out of China’s 5G wireless network and the country’s push to deepen health-care reforms in the wake of the coronavirus, said Wang. Data centers are also a favored sector of his, in the wake of the big work-from-home shift and jump in e-commerce activity.

He does say investors should remain cautious. “We need to keep an eye on whether there will be another wave” of Covid-19 infections as China’s economy continues to reopen. If new cases pick up, Wang said corporate earnings could remain pressured into the third quarter. He also would pare his positions if those stocks fall 10%.

Economic doubts persist, with the earliest April data showing some momentum loss in China and the month’s export growth not expected to persist near-term. Renewed tussles between the U.S. and China also bear watching, he said, but the stock impact from what in recent weeks has been limited to a war of words is “marginally declining.”

“The market doesn’t expect the friction will end any time soon, and relations may even deteriorate,” Wang added. “For Chinese investors, the government’s determination to boost economic growth outweighs concern about U.S.-China relations.”


##https://www.bloomberg.com/news/articles/2020-05-07/china-money-manager-up-52-this-year-starts-to-buy-more-stocks?srnd=premium-asia

Slowly slowly accumulating for next construction sector booming......

Haa...Haa...I still holding Gadang for next hot spot booming......

If come down to my favourable level then buy again......

But I also holding other small cap construction stock, KimLun Bhd......

I also still gradually accumulating as well......

In fact I not so favourable to chase "Too HOT SPOT" counters......

Always 80% FA...20% TA......seeking for gem valuable stocks.......

Surprisingly NTA of the company also gradually enhanced......

YE 2019 = RM 2.120

YE 2018 = RM 2.003

YE 2017 = RM 1.896

YE 2016 = RM 1.738

YE 2015 = RM 1.530

YE 2014 = RM 1.331

YE 2013 = RM 1.247

YE 2012 = RM 1.14

YE 2011 = 94 sen

YE 2010 = 81 sen


**Total surged by 261.73% for the past 10 years......

^^Average per year about 26.17% surged on NTA......

Furthermore consistent dividend payout since listed at Bursa (started from Jun 2010)......

YE 2019 = 3.30 sen (expected pay around June 2020 based on past record)

YE 2018 = 3.70 sen

YE 2017 = 5.50 sen

YE 2016 = 6.50 sen

YE 2015 = 5.80 sen

YE 2014 = 3.80 sen

YE 2013 = 3.00 sen

YE 2012 = 4.80 sen

YE 2011 = 5.10 sen

YE 2010 = 4.80 sen


** Total payout dividend for 10 years are RM 0.463, equivalent to 4.63 sen per year......

^^Average gross dividend yield by 6.76% based on yesterday closing price......

##Based on construction sector, hard to search any small cap construction stock able to produce such high dividend yield with past 10 years consistent payout......

That's the reason why surprisingly volume surged for the past 2 trading days......


06/05/2020 0.695 0.700 0.685 0.685 2.310m
05/05/2020 0.675 0.690 0.670 0.685 2.168m
04/05/2020 0.670 0.680 0.665 0.675 622,800
30/04/2020 0.705 0.710 0.680 0.685 1.170m
29/04/2020 0.675 0.700 0.670 0.695 1.098m
28/04/2020 0.675 0.685 0.655 0.665 410,800
27/04/2020 0.675 0.680 0.665 0.665 397,700
24/04/2020 0.685 0.690 0.675 0.675 1.105m
23/04/2020 0.690 0.690 0.675 0.685 836,900
22/04/2020 0.675 0.685 0.655 0.680 2.089m
21/04/2020 0.720 0.720 0.670 0.685 1.292m

Zecon-Kimlun JV gets RM1.46b contract to build and upgrade phase one of the Pan Borneo Highway in Sarawak......

The contract is for 48 months, Zecon holds a 70% stake in the JV and Kimlun the remaining 30%......

According to the YE2019 annual report, expected completion for this project by year 2021......

Projects worth more than RM16 bil in Sarawak continue during CMCO

(Bernama / May 07, 2020 01:20 am +08)

KUCHING (May 6): The Sarawak Disaster Management Committee (SDMC) has identified 101 projects worth RM16.828 billion on which works have continued during the Conditional Movement Control Order (CMCO) period.

Its chairman Datuk Amar Douglas Uggah Embas said of the total, 42 projects costing about RM16.6 billion involved allocations from the State Government, Federal Government, people's projects and alternative funds.

"These projects have been identified and filtered by a special task force for the green zones headed by State Secretary Datuk Amar Jaul Samion," he said at a press conference here today.

According to Uggah, another 59 Rural Transformation Projects (RTPs) worth RM22.8 million have been identified for continued implementation during CMCO, and one of the requirements is that the projects must be in green zones.

As of now, 28 of the 40 districts in the State are in green zones.

Uggah, who is also Deputy Chief Minister, said the SDMC imposed several conditions for works on these projects to continue, including the fact that the projects must be located in green districts and should not involve the entry of workers, building materials and machinery from outside the green zone.


##https://www.theedgemarkets.com/article/projects-worth-more-rm16-bil-sarawak-continue-during-cmco

Too sad to say, I never worry for long term investments......

Gadang is my 1 of the small cap construction stock for my long term portfolio......

My scenario simply, if up better return for my portfolio......

if down I will further accumulate......kekeke...kekeke...

Research by Kenanga (31 March 2020)

Construction OVERWEIGHT Waiting for Green Shoots
By Goh Yin Fool gohyf@kenanga.com.my

A cloud of uncertainties emanating from a gloomy economic backdrop has blurred the construction sector outlook. In essence, sentiment on construction stocks will remain under siege from the Covid-19 spill-over effects and possible delays in the revival of mega infrastructure projects. The KL CON Index reacted by falling 37.2% YTD (until 20 March 2020),thus reversing last year’s gain of 34.2%.With investor confidence battered badly and given poor earnings visibility, we have switched our valuation methodology to PBV. During the 2008/2009 Global Financial Crisis(GFC), the construction sector was then trading between –2SDand –1SD below the historical PBV mean for approximately three months. In comparison, the KL CON Index is currently trading at -2SD below its mean, suggesting limited downside risks.After attaching basement PBV multiples at -2.5SD and -1.0SD below their mean levels, our revised target prices indicate positive returns to be made by investors in the medium term as valuations are expected to revert to normalcy post-crisis. From a fundamental perspective, our top stock picks are GAMUDA(OP; TP:RM3.18), SUNCON(OP; TP:RM1.80)and HSL(OP;TP:RM1.37). In addition, trading-oriented investors can consider WCT(OP; TP:RM0.47) and KIMLUN(OP; TP:RM1.25) as potential rebound plays from oversold territories. Upgrade sector call to tactical OVERWEIGHT on valuation grounds.

Surprisingly emerged buying interest for this small cap construction stock......

Order book on hand by RM 2 bil with market cap only RM 234 mil......

NTA = RM 2.12

PE = about 4.1 times

Gross dividend yield = 4.78% (consistent payout dividend for the past 6 years)

Volume start picking up since yesterday......


05/05/2020 0.675 0.690 0.670 0.685 2.168m
04/05/2020 0.670 0.680 0.665 0.675 622,800
30/04/2020 0.705 0.710 0.680 0.685 1.170m
29/04/2020 0.675 0.700 0.670 0.695 1.098m
28/04/2020 0.675 0.685 0.655 0.665 410,800
27/04/2020 0.675 0.680 0.665 0.665 397,700
24/04/2020 0.685 0.690 0.675 0.675 1.105m
23/04/2020 0.690 0.690 0.675 0.685 836,900
22/04/2020 0.675 0.685 0.655 0.680 2.089m
21/04/2020 0.720 0.720 0.670 0.685 1.292m

Surprisingly...

Seem like further weaken for current level......

Wm%R also heading south....very close to -80% liao....

I still maintain KLIC outlook for this month...

""All share still pushing higher & higher......

Unfortunately this year a bit strange & funny......

"Period" already came early...sell in March go away......

Buy in April laugh away.......

Bet in May scream high away........"""


别人笑我太疯癫... 我"说"他人看不清......

^^^S&P500 still withstanding above 50% retracement & shy below 61.80% retracement......forming upside bet & retest 2950 again......

KLCI silently moving up back above 1400 level......

KimLun buying interest emerged......

Surprisingly data produced better than expected......


""April’s ISM nonmanufacturing index comes in at 41.8, vs 40 expected

PUBLISHED TUE, MAY 5 202010:00 AM EDT

The U.S. services sector contracted for the first time in about a decade last month as the coronavirus pandemic brought economic activity in the country to a near-screeching halt. 

Economists polled by Dow Jones expected the ISM nonmanufacturing PMI to come in at 40 for April. 



##https://www.cnbc.com/2020/05/05/ism-nonmanufacturing-index-april-2020.html""

人生錯过了一次就够了，別错过第二次......

One missed life is enough, don’t miss the second time......

Value investors always looking for depressed valuations stock for long term portfolio....

Surprisingly not much retailers seeking for this gem construction company....

Today volume already more than 2 mil...

Surprisingly today volume gradually increased if comparing last 2 weeks....


04/05/2020 0.670 0.680 0.665 0.675 622,800

30/04/2020 0.705 0.710 0.680 0.685 1.170m
29/04/2020 0.675 0.700 0.670 0.695 1.098m
28/04/2020 0.675 0.685 0.655 0.665 410,800
27/04/2020 0.675 0.680 0.665 0.665 397,700

24/04/2020 0.685 0.690 0.675 0.675 1.105m
23/04/2020 0.690 0.690 0.675 0.685 836,900
22/04/2020 0.675 0.685 0.655 0.680 2.089m
21/04/2020 0.720 0.720 0.670 0.685 1.292m

Despite I retreat last year assessment of the valuation...

I assume 1/2 of the unprecedented factor, current market price still far below by at least 50%......

Furthermore, current NTA handsomely high by RM 2.12......

Kimlun’s manufacturing orders expected to accelerate

(The Edge Financial Daily / August 20, 2019 12:26 pm +08)

Kimlun Corp Bhd
(Aug 19, RM1.23)

Maintain buy with an unchanged target price (TP) of RM2.16: As we move into the fourth quarter of 2019 and the forecast financial year 2020 (FY20F), we believe that Kimlun Corp Bhd’s manufacturing orders will accelerate. These orders will initially flow from Singapore and eventually Malaysia when some key projects are rolled out.

Its total manufacturing tender book is now at RM500 million which is largely skewed towards projects in Singapore, including Industrialised Building System (IBS) related jobs and Deep Tunnel Sewerage System 2. This does not include orders from the North South Corridor Expressway and Jurong Region Line.

Our FY19F earnings estimates are above consensus. Our forecast of a surge in manufacturing flows from Singapore is intact, with local construction wins likely to come in at the higher end of this forecast. Not enough recognition is given to Kimlun’s high-margin manufacturing business which should command a scarcity premium. Its IBS expertise will be crucial in clinching more local affordable housing projects.

Given its depressed valuations, incremental new orders for Kimlun’s construction and manufacturing segments beyond its total order book of RM2 billion would lift the stock. With its strategically located manufacturing plants in Negeri Sembilan and Johor, we believe it will be the front runner for the Tunnel Lining Segment and Segmental Box Girders portions of major transportation and infrastructure projects when they eventually kick off.

Our TP is set at RM2.16, based on sum-of-parts valuation. We think this better reflects Kimlun’s underlying business model. Its construction business is valued at RM1.62 a share with its manufacturing unit at 54 sen a share.

Low-margin wins is a major risk. The biggest risk is its perceived over-reliance on projects in Johor. This is mitigated by its stringent bidding process, only accepting projects with strong marketability. — AllianceDBS Research, Aug 19


##https://www.theedgemarkets.com/article/kimluns-manufacturing-orders-expected-accelerate

Surprisingly not much retailers looking for this gem construction company....

Bank Negara's Monetary Policy Committee has decided to cut OPR by 50bps to 2%

(theedgemarkets.com May 05, 2020 15:01 pm +08)


##https://www.theedgemarkets.com/article/bank-negaras-monetary-policy-committee-has-decided-cut-opr-50bps-2

Bank Negara's Monetary Policy Committee has decided to cut OPR by 50bps to 2%

(theedgemarkets.com May 05, 2020 15:01 pm +08)

Bank Negara Malaysia's Monetary Policy Committee has decided to cut the overnight policy rate by 50bps to 2%.

##https://www.theedgemarkets.com/article/bank-negaras-monetary-policy-committee-has-decided-cut-opr-50bps-2

Bank Negara's Monetary Policy Committee has decided to cut OPR by 50bps to 2%

(theedgemarkets.com May 05, 2020 15:01 pm +08)

Bank Negara Malaysia's Monetary Policy Committee has decided to cut the overnight policy rate by 50bps to 2%.

##https://www.theedgemarkets.com/article/bank-negaras-monetary-policy-committee-has-decided-cut-opr-50bps-2

人生錯过了一次就够了，別错过第二次......

Now I know why Warren Buffet always Warren Buffet.....No matter sunny day or rainy day...  

Now I know why farmers always farmers...No matter drought season or inundation incident...  


** In fact I loved this title......  

Why "A" Students Work for "C" Students and Why "B" Students Work for the GovernGovernment - author by  Robert T. Kiyosaki  


^^ So "C" students Work for "Who".....!!!!!!

Really heading to 13.00..............

Afternoon shall be more excited...

Market lead by energy & construction sector today......

Surprisingly today Energy index up by 1.34%....

Gadang rebound back to green....

Too sad...unable to catch the fall knight today...

Seem like oil & Gas together with Construction sectors coming back on the board.......

Suddenly rebound back on the board......

Market will surprise May'20 recover better than expected if comparing April'20......

"""The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) slumped to 31.3 in April from 48.4 in March."""

Surprisingly most of the hot spot oil & gas counters start moving back again despite KLCI dropped so much today......

Engine restart again.........

Surprisingly Australia ASX200 rebound back positive by 39++ point...

Surprisingly daily heavy hot spot IT related counters....JHM...Krono...& VS also not much pressure on selling......

Surprisingly daily heavy hot spot....Serbark & Dayang not much pressure on selling......

Surprisingly........

“Tables were turned on Thursday, the last trading day of April, as foreign investors scooped up RM124.5 million net of local equities.


Need to monitor this week...soon we know the answer......