SincereStock

SincereStock | Joined since 2017-05-25

Investing Experience Intermediate
Risk Profile Low

Fundamental Value trader / investor base on PE & PB. Anti technical analysis. targeting undervalue company and hoping for privatization (easiest way to earn money)

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2021-05-25 15:13 | Report Abuse

Actually every counter need patience if you want to earn money, unless u got lucky with timing, just enter and it goes up. imo investors need to be versatile in short / long term investment. Hoping for the most short term profit, but has the ability to hold for long if that is what needed. Most important is just to choose the safest counter, that is the best fundamental, most undervalued, which will have the minimal downside risk

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2021-05-25 13:19 | Report Abuse

@johnzhang I don't think Malaysian market is dead, people are just because extra cautious at this time, it is good enough that the price is moving at correct direction now, need some patience. Result is good but not to the point of limit up (like choobee yesterday). Was expecting such movement today with this 4 EPS result, hopefully I am also correct that the uptrend will stay for slow and steady for longer period of time to reach fair value

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2021-05-25 12:23 | Report Abuse

kemasukan retailers not enough to lift up the price kalau operator x mahu kasih jalan juga tu harga

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2021-05-25 12:22 | Report Abuse

@Inv3st0r69 I don't think it is retailers' punya problem, operator yg x mahu kasih untung retailers cepat2. investors need to have patience, time and strong holding power kalau mahu untung from this elephant counter

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2021-05-25 11:43 | Report Abuse

while MMC has 3045m share vs SURIA has 345m share 3045/345 = 8.8x 3% capacity, 26.4%. So this translate into MMC has almost 4x max handling capacity vs SURIA (per share). Please correct me if I am wrong

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2021-05-25 11:26 | Report Abuse

SURIA is easily being overlooked for being much smaller company

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2021-05-25 11:24 | Report Abuse

@probability to be honest I am not that deep into understand TEU handling capacity, but looking at it's past years QR records, which are almost double the EPS of MMC at that time, I have reason to believe SURIA has the potential to back to average of recurring 4 EPS per QR. as Sabah's main port business, I believe it will have some share in the current positive growth of port business.

This year SURIA has the worst EPS if compared to previous years, therefore the price is still very low as of now (RM0.825 during the lowest at march 2020 due to covid fear that time that), while at the same time, MMC lowest is RM0.45. Which mean MMC has recovered quite a lot while SURIA is still being low due to the slower EPS recovery

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2021-05-25 11:06 | Report Abuse

don't forget to share some love with SURIA 6521 as well, this stock has very similar fundamental as MMC, similar NTA, same port business (same potential business growth and covid resilient), same 5 cent dividend, expecting similar EPS for this quarter as well. Good thing is the price is yet to move and quite far behind as of now. I just bought some at RM1.03 after locking some profit from MMC (which I all in previously waiting for QR that I had too high expectation)

https://klse.i3investor.com/servlets/stk/chart/suria.jsp

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2021-05-24 21:12 | Report Abuse

omg, as someone who live in Sabah, I knew that the mall occupancy rate has been lowered during covid / mco, but previous quarters mall operations still not suffer losses, although not making significant profit anymore. Can't believe such a huge loss in mall operation during this quarter. So sad for asiapac, hope mall operation profitability can recover in future after covid is gone

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2021-05-24 20:59 | Report Abuse

another thing I think worth mention is that few weeks of MCO 2.0 also happened at Q1, which shows that MCO won't affect MMC's ports profits. MMC is a company worth to invest while covid is still at peak at our country. While some of the other listed companies suffers huge loss every quarters and have hard time to recover themselves. MMC remains unaffected and still growing

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2021-05-24 18:09 | Report Abuse

@moratorium definitely good enough. but I am just v greedy hoping for a limit up result haha

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2021-05-24 17:53 | Report Abuse

in my honest opinion, not great enough to cause a gap up / limit up tomorrow, but enough to make sure the price moving in positive direction, slow but steady to reach potential fair value

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2021-05-24 17:51 | Report Abuse

4.10 cent, decent enough QR, PE lowered to 7.71, live up to expectation

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2021-05-24 15:36 | Report Abuse

non stop collecting at 1.11 today, insider still not collect enough, I suspect they will delay the QR to the end of the week at friday

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2021-05-22 12:31 | Report Abuse

@DLLKT source?

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2021-05-22 11:29 | Report Abuse

a rally before QR (if possible) is even better, would allow higher peak price post QR

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2021-05-22 11:25 | Report Abuse

@sandcoffee actually the QR is needed just to catalyst the price to move in the correct direction, delaying another month is not big problem, as long as we investor got holding power to wait for our imminent target price. rebound at yesterday in amid of covid fear is great enough to ease the fear factor as least for a while, preventing it from moving downward while we are waiting for the final catalyst, a good QR

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2021-05-21 17:35 | Report Abuse

yang penting QR nanti keluar cantik2 boleh sudah

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2021-05-21 17:01 | Report Abuse

@Ogopogo maybe they bought some at 1.10, TA wise it is uptrend now, so who knows. uptrend = buy, downtrend = cutloss. that what TA sifu teaches us

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2021-05-21 15:47 | Report Abuse

@abc333 cheers and wait for the QR

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2021-05-21 15:41 | Report Abuse

so satisfying to see money coming into this counter amid of covid / total lockdown fear

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2021-05-21 15:29 | Report Abuse

@aliyusof ya absolutely, FA ftw!!

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2021-05-21 15:28 | Report Abuse

@abc333 hope u did hear me out just now and bought some at 1.05

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2021-05-21 15:06 | Report Abuse

@abc333 don't so stingy la, buy at 1.05 la haha 2 cent more only ba, if today evening release QR then all too late already

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2021-05-21 13:52 | Report Abuse

@probability thanks for the detailed insight, hope this will ease some of the fear selling of MMC shares

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2021-05-21 13:35 | Report Abuse

@ogopogo true, overreact and thus induced TA traders decisions / stoploss / cutloss due to the TA thing. true investors should always believe in fundamental value and never sell at discounted cheap price, unless there is fundamental change or big issue like natural disaster or war that can truely and directly affect the business of the company. and talking of war, truce has just been archived today for the Israel/Palestine issue, at least for now, we don't have to worry for that anymore.

as of MCO, it is just going to happen, sooner it happens the better, let us just go through it for the better future

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2021-05-21 12:55 | Report Abuse

seriously, what is the rational behind all these people's fear?

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2021-05-21 12:55 | Report Abuse

MCO will lock down the port?? how many loss MMC suffered during MCO 1.0 that lasted for months? zero, zero loss and still making positive earnings. Only people with fear of no reason selling their share at discounted price cheaply at the market

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2021-05-21 12:52 | Report Abuse

another thing funny I found when you mentioned mmc together with airasia. see what the different, mmc business is unaffected by covid, still making profits throughout the whole covid and previous MCO, growing NTA at RM3.12 currently, but market price is at RM1.05 as of now. While airasia, it is making huge loss every QR during MCO / covid, until it's NTA is at *negative* RM0.37 as of now, but people still buying it's share at RM0.81 with no sight of recovering anytime soon.

so funny people prefer to invest in debt company than company that is still making money constantly and with very good growing potential

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2021-05-21 12:45 | Report Abuse

I am speaking as someone who has going through massive paper loss at march 2020, holding tight all my shares, still sleeping well like nothing happened and gained positive outcome at the end

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2021-05-21 12:43 | Report Abuse

mco is not going to be forever anyway, everything will recover sooner or later, like previously, what is the point to sell in fear like what happened in march 2020? you are just selling your share in discounted price for temporary fear reason. we should learn from the past, not doing the same mistake. invest only with extra money, don't contra or borrow money to invest, make sure you can hold tight in fear crisis

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2021-05-21 12:40 | Report Abuse

@ket4212 port business is unaffected by MCO, don't try to induce fear here, refer to previous MCOs, MMC EPS is not affected

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2021-05-21 11:09 | Report Abuse

@superb99 today currently 1104 stock down, only 99 up, all about covid / total lockdown fear. nothing wrong with MMC itself. I am not trying to mislead, I am a fundamental investor (not TA), investing with free cash money, so definitely has the power to hold long. I never say that MMC will fly in short term future or anything in TA (which I don't believe in), but fundamental wise this stock is definitely worth to buy and hold until it unleashes fair value

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2021-05-20 22:31 | Report Abuse

btw I am not saying that you are so powerful, just that you seems attempt to cause the price to fall so that you can collect more, unlike someone who has collected enough and hoping the price to go up all the way. I mean the motive behind your comment. just like myself or emsvsi (who only share positive reports), it is obvious we has collected enough and all in promoting the company so the price would go up, therefore benefiting ourselves, even if we are not actually that powerful, but at least that is what we are trying to do with clear and straightforward motive

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2021-05-20 22:26 | Report Abuse

imo, eps above 4 cents is good enough for this round. repeat of 5.9 cents or higher will be excellent to prove that previous QR is not fluke and such QR can be consistent in the future even at covid situation, easily propel the price above the recent peak at RM1.26

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2021-05-20 21:52 | Report Abuse

somemore, the recent selling preasure is certainly due to fear of covid / full lockdown, cannot be taken as indication towards bad QR

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2021-05-20 21:49 | Report Abuse

@superb99 how do you explain the downtrend before the previous excellent QR release from TA angle? what I think happening now is that operator / insider is collecting for 2nd round of uptrend prior anothe good QR release, just repeating what they do previously.

with so many positive reports (shared by emsvsi), good QR is not just can be easily predicted, but it is almost consider as spolied.

what I think is fishy here is that you claim to be supporter of MMC, but most of your recent comments seems attempt to cause fear around here

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2021-05-20 16:39 | Report Abuse

@tean2020 that is only estimated date, subject to change

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2021-05-20 16:38 | Report Abuse

insider might delay it as long as possible however, to collect as much as possible pre QR

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2021-05-20 16:37 | Report Abuse

@tean2020 I am not sure about QR release date, but hoping it will be ASAP to support and catalyst the share price to go up, best if today evening

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2021-05-20 16:33 | Report Abuse

@tean2020 I mean the latest previous one, not the upcoming QR

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2021-05-20 16:28 | Report Abuse

even glove counters is red now, unit trust investment has to put their money somewhere, business that is unaffacted by covid is the best option now

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2021-05-20 16:22 | Report Abuse

they just try to cause panic, it is already reported that port business are unaffected by covid, which is strongly supported by the last QR

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2021-05-20 16:21 | Report Abuse

those who say run before too late usually are those who already run and waiting to collect at market crash

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2021-05-20 13:03 | Report Abuse

WPRTS RM3 vs MMC RM1.5 would make much more sense if just judging by their EPS. Not yet considering NTA factor

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2021-05-20 12:57 | Report Abuse

@superb99 wprts result is good, but doesn't justified it's price which is almost 4x above MMC, somemore wprts price is 5x NTA while MMC is still way below NTA. not to mention 20 PE vs 10 PE of the same industrial. market is really bad at judging the price of these 2 companies

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2021-05-18 12:53 | Report Abuse

@probability declining doesn't indicate result below expectation. see what happen before previous result release.

@emsvsi I agree that this company can be hold for long or at least mid term. but emphasize on the upcoming QR release because that will be the much needed catalyst to unlock it's fair value, whether for short term or longer term uptrend

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2021-05-18 11:09 | Report Abuse

imagine if you sell today and QR result is out later after 5pm, just as what happened to those who sold at 26 feb or earlier previously before QR release, you will miss the gap up open next day. not worth to panic sell at this time. it is just operator game to pressure out those without holding power. don't fall into the same tactic

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2021-05-10 10:38 | Report Abuse

@joshuaMS7 1.30? x payah covid lifted la, anytime soon haha, itu saja target kamu ka?

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2021-05-10 09:49 | Report Abuse

any good news from AGM?