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2014-10-28 16:21 | Report Abuse
What is going on now? SM taking opportunity to convert some stocks to cash so that they can initiate another round of Jump the Creek later?
2014-10-28 16:00 | Report Abuse
I guess the SM ignited the engine this morning. Retailers came in the afternoon and do the mark up. They have saved the SM a lot of effort. Does my remark make sense?
2014-10-28 15:47 | Report Abuse
Hi, Pika. Like to ask you a question. If response from retailers are good, it is likely that consolidation stage reverts to mark up stage?
2014-10-28 14:51 | Report Abuse
I guess it has entered consolidation stage. Expecting another goreng up by SM next week.
2014-10-28 09:46 | Report Abuse
Read the post above. History repeat itself.
2014-10-28 09:42 | Report Abuse
Hey, Frank. 11% in 6days wo... More lucrative than his director's renumeration. Hehehe.....
2014-10-27 16:04 | Report Abuse
Law sai. The worst performer after the correction.
2014-10-27 15:13 | Report Abuse
Looks like smart money starts pouring money into market. All counters are fueled up. @stkoay. Perakcrop can average down or not? Very cheap now.
2014-10-27 15:08 | Report Abuse
Yes, sir. i sell salted fish too. LOL.
2014-10-27 15:01 | Report Abuse
flytothemoon...U didn't listen to me buy some MMSV&KSL... Take a look at these counters. Much better than Hevea.
2014-10-27 14:59 | Report Abuse
Hevea not selling printed wooden panel? Em....Does it sell women tower? Hehehe....
2014-10-27 13:00 | Report Abuse
Hey, guys. Check this link. Just wonder if Hevea selling printed board to Latitude. Is revenue affected?
http://bursadummy.blogspot.com/search/label/Latitude
2014-10-27 12:31 | Report Abuse
After 6 months there could be another 6 months. Perakcorps's assets won't get rotten but we'll suffer plenty of opportunity losses.
2014-10-27 12:27 | Report Abuse
How to save a dead fish? Add more salt? Hehehe.......
2014-10-26 21:05 | Report Abuse
This is a world of give&take. I dun have much to offer & I dun know if u need it. The following is my humble opinion on FCF:
U'll find a few different formulas for FCFF&FCFE. They are just algebras. All can be simplified as:
FCFE = Net cash form operating activity - net capex
FCFF = FCFE + Finance cost*(1-tax rate)
When dealing with debt free company use FCFE. Discount rate is Re.
When dealing with company with significant debt use FCFF. Discount rate is Wacc.
When dealing with company with low debt like MMode can either use FCFE or FCFF. The results are more or less identical.
Cheers:))
2014-10-26 20:57 | Report Abuse
TQ for the detail explaination. Lets see if i got your points.
19Feb-3Mar: Break the ice
4Mar-2April: Liquid phase
3Apr-28May: Jump the creek (3 cycles of goreng up & consolidation)
29May-23June: Mark up
24June-30Sept: Distribution
1Oct-15Oct: Break the ice
After a few days of liquid stage SM will initiate jump the creek if very few sellers at 47.5c. Your assumption of 2nd high consolidation around 47.5c - 55c is based on jump the creek in early April.
Pls correct me if i'm wrong.
2014-10-26 07:35 | Report Abuse
Any good site to learn TA? Pls recommand. Tq.
2014-10-26 07:29 | Report Abuse
@Pika. TA & FA used to be different school of thought, but nowsaday there are so many mutants that have both skills. I've very shallow FA skill but zero TA skill. Like to learn from you.
My defination of FCF is net cash flow from operating activity - net capex*
*only capex related to core business is considered. The following is my FCF figures:
(all no. in thousand)
2013 FCF =13,195 - 3,144 = 10,051
Last 4Q FCF = Q3'2014FCF + Q4'2013FCF - Q3'2013FCF = 6,700 because cash flow statement reports cumulative figures for the financial year.
Ok, now is my turn to learn from you. I notice that from 26Aug - 26 sept, share price was almost flat, in fact slightly downwards with very low volumn. It was controlled selling at a narrow price range, right? That should rang my bell, but the problem of having many counters is that i can't monitor the price movement in regular basis. In this case even forgot to cut loss, hehehe...... When you said "should it have bottoming sign, with increased volume", i assume you mean the current low volume at 0.475c could be controlled selling too, right? We need increased volumn to form a strong support in order to comfirm it is a bottoming sign, right?
2014-10-25 20:57 | Report Abuse
Like to hear wat TA ppl will say about this counter. In the end of the day, the fate of this counter is determined by TA ppl. FA ppl are just minority.
2014-10-25 20:31 | Report Abuse
Why TP = 0.61? Who gives the TP?
2014-10-25 20:28 | Report Abuse
Pika.....another KC's student? Hehehe........ I like to hang around with troubled counters. Those gud one no point to talk so much. They're auto pilot.
2014-10-25 20:02 | Report Abuse
Latest no. outstanding share excluding unex warrant = 392,828,731
Market cap = 1.618bil. Still a small cap.
2014-10-25 17:16 | Report Abuse
OMG! OCK's turnover is twice of MMode's. May be my assumption is correct. MMode is scarifying profit margin for higher turnover.
2014-10-25 16:39 | Report Abuse
What is the market cap for large cap? Assuming that all warrant are ex. Is KSL categorized as large cap?
2014-10-25 16:23 | Report Abuse
Correct. Never put all eggs in 1 basket. If you happened to spread your eggs in 10 basket & get 8 gud basket gud enough alr. MMode apparently isn't a v.g basket but wat to do? Who on earth can be 100% right? At least it isn't a rotten basket.
2014-10-22 16:34 | Report Abuse
If really hit 7.2 how many times untung....Even I have sale & bought back 3 times oso can get 3x.....stkoay at least 5x.... hope it can come true......
2014-10-22 16:14 | Report Abuse
I mistakenly identified brusafreeman as brusa dummy. Hehehe....... I actually visited brusa dummy site recently. Hi, brusafreeman. Notice that MMode published their quarter report a month earlier? I guess we'll know the result soon. Hopefully a gud one:))
2014-10-22 12:15 | Report Abuse
What fundamental investors can do is identify the right stock in advance and wait for the 70% ppl push them up for us.
2014-10-22 12:13 | Report Abuse
Every stock depends on Dow. Less than 30% ppl look into fundamental. The rest all follow the "wind". So, you think 30% ppl can determine the stock's direction?
2014-10-21 20:56 | Report Abuse
The most dangerous circumstance is you dun know how much you are going to loss. It has hit the bottom alr. At least you know it won't get worse.
2014-10-21 16:54 | Report Abuse
no ppl sell how can buyers buy? Hehehe......
2014-10-21 16:23 | Report Abuse
Talking about GST. The enlarged cost of sale is an avantage. GST = output tax - input tax. Increase in cost of sale will increase input tax, which results in lower GST. Apparently, it will also decrease income tax expenses. From now on merchants will be very particular with billing on cost of sale. If they don't do it right they will end up absorbing part of the GST for end users. If you are not in business allow me to show you an example:
If my supplier sell me an item @$100, he bills me $106 ($6 is the input tax). When I sell the item @$150, i bill end user $159 ($9 being the output tax). GST due to govt = $9-$6=$3. What if i don't record the cost of goods properly? I don't have any input tax then. GST due to govt = $9-$0=$9.
We can expect increase in cost of sale in all sectors.
2014-10-21 09:41 | Report Abuse
This kind of market missing for a couple of weeks also not a bad idea.If u plan to make some senstive satements now is the gud opportunity.
2014-10-21 07:58 | Report Abuse
brusafreeman. I visited your blog & find it very informative & educative. Gud job! You are right, nobody knows what is going on unless he/ she has insider infor. I stay on not because of main board listing. I believe a strong & healthy man (reflected in balance sheet) with good diet and healthy lifestyle (reflected in cash flow statement) can easily recover from illness (reflected in income statement). Can we stay healthy in our entire lifespan? Surely we will suffer from illness ocationally, right? Anyway i would have cut loss if i knew i can buy back at 0.485. I am no hero or die hard fan. The drop is just too sharp & i missed the chance to cut loss.
2014-10-20 16:26 | Report Abuse
Today's market is fake show. All gap up but eventually fall back to Friday's closing price.
2014-10-20 15:24 | Report Abuse
Take the new share better...Share can appreciate in value but dividend's value is fixed. Can hold the new share for sometime then sell.
2014-10-20 15:16 | Report Abuse
Anyway i dun think he is a conman la. He is a man with gud intension but wrong judgement & lack fire power.
2014-10-20 15:09 | Report Abuse
KYY is the Malaysian version of Warren Buffett. He bought a huge stake of a company unfortunately not huge enough to put himself in the board. Hence he has no authority to change the course of the company for the best benefit of shareholders. Very often he himself also kena con & go holland with his followers. Sad.....
2014-10-20 14:36 | Report Abuse
Kannibu@orang untan. Any fact to support your statement?
2014-10-20 13:11 | Report Abuse
Just kidding. I stop buying liao. Waiting to harvest. Hehehe....
2014-10-20 12:53 | Report Abuse
yktay1. I m absolutely astonished by your holding power and resistance to short trem gain temptation. I think very few bought at 0.2x still holding now. A silent man is a dangerous man......
2014-10-20 12:04 | Report Abuse
Market sentiment still weak la... Where got 1.8 so fast.
2014-10-20 10:16 | Report Abuse
Hanging at the ceiling. No up no down. Hehehe......
2014-10-20 10:00 | Report Abuse
Aiyo..sorry lo.. I bought from someone else alr.
Stock: [ECOHLDS]: ECOBUILT HOLDINGS BERHAD
2014-10-28 16:23 | Report Abuse
Mind to share the other 5?