hi arv18. thx for ur suggestion. Yes, patience pays off... holding quite long liao... yes... wait...

Johotin is going to shoot up sharply once it break up RM1.68. Why? 21st May 2014 its price shoot up to RM1.71 & just touches the MA 240 but failed to break through. Now this is the 2nd time it tests the MA240. Once it breaks up, RM2 to RM2.10 is not far away... Grab it... the price has been stable for the last 7 trading days & has been consolidated sideway since December 2013...

Thx, considering set up a blog if time is allowed... But Bonecythe is much better & skilful... a lot things can learn from him... cheers...

F&N expands greatly to Indochina market for its dairies product. In fact, now market has strong demand on evaporated sweetened milk & condensed milk. So, almost all factories from F&N and F&B Nutrition Sdn Bhd and Able Dairies Sdn Bhd run at full production capacity. If we read through F&B industries PE, the average PE is 15 times. So, now Johotin trades at 7.5 times of PE, is it justifiable? Time to Shoot up...::))

Last chance to grab Johotin as the price has been pulled up at RM1.68 for the last 7 trading days... TP is RM3.16 ideally. 1st resistance is RM2 to RM2.10

Look through F&N latest quarterly report, demand for dairies products in Thailand & Malaysia expanded with double digit growth & remain firm. So, Johotin's factory expansion is just in the right uptrend demand wave. Huat Ar...

When Johotin acquire Able Dairies Sdn Bhd, the PE is 15 times of Able Dairies's NPAT at RM2,003,000 & the purchase price is RM31,000,000. The latest transaction is Can-one acquired F&B Nutrition Sdn Bhd at 15 times of PE. So TP at RM3.16 is reasonable, excluding the expansion plan yet. Grab it & hold it for 1 year...

RHB report stated that due to tin industry not expanding & local consumer market is not good in the coming future, johotin's TP is only worth PE times, equal to RM1.38. This is WRONG. Why? 80% of F&B dairies products are export-oriented. Moreover, in 2011 in theedgemalaysia.com has stated clearly by the Johotin CEO that johotin only keeps 2 month's tin stock for production & johotin is able to pass on higher cost of tin in case KLTM price is up. So far, after taking over Able Dairies Sdn Bhd, johotin's net profit margin maintains quite well above 8%. Grab it & hold it for 1 year... Huat Ar...

Just do a detailed analysis & found out that F&B industry averagely PE is 15 times & packaging industry averagely PE is 11.55. Johotin's business NPAT 66% come from F&B & 34% come from tin packaging business. So FY 2013 NPAT is RM21110 x 0.66 x 15 (F&B) + RM21110 x 0.34 x 12 (packaging) = RM295,117. Optimistically, this stock can value at RM295,117. With 93,305 share outstanding the TP can be RM295,117 / 93,305 = RM3.16. This excludes yet the expansion plan on dairies products recently announced in March 2014 with RM15 million set aside. Grab it & hold it for 1 year...

RHB report state the share at TP RM1.38 with PE 6 times is reasonable? I guess RHB wants its investors to buy more Johotin stocks before it raises up the TP to RM2.2 with PE 10 times. Buy before you miss the last chance to own a good stock fundamentally sound, technically sound & shareholders also confident on its company's growth plan... Grab it...

Johotin has been talking about building new production line for dairies products since 2012 & in March 2014, RM15 million has been allocated to do this. With this expansion, supply of evaporated condensed milk & condensed sweetened milk can be increased to 25%. Company is expanding more into F&B industry & so far, average F&B industry is enjoying at least 12 PE. Buy before this stock shoot up...

Shareholders keep on buying Johotin since 2011 takeover dairies products company. Ng Kheng Hoe, the person sold dairies business to Johotin also bought back shares to 10%. What does this mean? It means shareholders have great confident on this company.

Technically speaking, all MA lines are below the current price RM1.68 & sideway chart has been formed since last year December 2013. Seem like now a new price trend emerge. Monitor & see.

Price has been pulled up to RM1.68 & stay there for the last 6 trading days. What come next?

Even PPHB without dividend also trade at 0.84 or equal to nearly 8 times of PE. So this stock with dividend 4 cents+ and net profit margin over 8% compared to PPHB only 7% net profit margin should be traded at what PE? huat ar...

The cheapest F&B & packaging counter in Malaysia... Lai liao... huat ar....

TP 2 in 3 months

TP RM2

Thx. Buy LA better RM0.24 + RM0.13 = RM0.37. Better than mother share RM0.375.

If I buy LA with RM0.24 & convert it into mother share with RM0.13, I only spend RM0.37 compared to RM0.375 right now, am i right? can anybody answer me. Just to confirm.

In FY 2012, MNRB achieved 43.40 cents EPS. At that year, RM55 million is allocated for Thailand flood claim. If not, total EPS in FY 2012 is more than 65 cents. So, pertaining to the RHB research, I do not give any value on that. Claim is part & parcel of insurance business. Even catastrophic claim like Thailand flood claim in 2012, MNRB still managed to get 43.40 cents.

I will hold on my shares & wait for 40 cents dividend in FY 2014.

Whoever buy MNRB, hold on the share although RHB research said claim ratio is high. FYI, I just check through the www.malaysian-re.com.my, in fact, the largest claim in 2013 is over RM151 million at 27th June 2013 but do not forget, quarter 2 & quarter 3 still report positive result. Why like that? because this claim is part of the calculation in getting insurance business.

I do not know the motive behind RHB research as this research house keep on saying how bad it is this counter & only quote this counter with PE 6 times whereas other counters like Takaful can be easily 12 times or 20 times for Tuneins.

Worst still, counter like Takaful or Tuneins do not have good dividend yield. No matter what happens, I will hang on my share in MNRB & with better results in FY 2014, I strongly believe dividend can easily 40 cents & above...

Cheers

An article published by JF Apex saying that it is sceptical about the market ability to absorb SO MUCH glove maker's expansion plan. To be frank, I also wonder whether China & India & other emerging asians country can absorb so much increasing supplies of gloves with all major glove makers doing extraordinary expansion plan.

Short term, still ok.

Expect 2 new plants to be in operation 1st quarter 2014 but the latest report just say in a few months' time. What does this mean?

DROP...

Feel disappointed as said by latest Public Bank's research , the whole year 2013, Mudajya never secure any job locally although Public Bank's research factor in RM500 million job secured in 2013, only saying how potential it is to secure the job. The only hope is on next year...

how to buy? up 30% in 1 day...

Income tax project can sustain for 6 months. I know next quarter is fine. But how about after next quarter??? That is why I said this counter is TRADING BUY, not fundamentally buy. If I am major shareholder, I will take this opportunity to sell off a big portion of my shareholding. Anyhow, technically, this chart is still OK with strong support at RM0.17. Can still play around with it with OK general market's condition.

I sold all my skpres holdings. Why?

After I read through the whole quarterly report, I found out that the net profit margin has dropped to 7% instead of 9% net profit achieved earlier. Worse still, I found out that this counter never explained clearly why it dropped to 7%.

Remember 1 thing: when a stock starts to decline its price, the 1st indicator is the drop of net profit margin. I lose a lot because I knew that the sales will improve with Dyson's more outlets opening. But my calculation never factor in drop of net profit margin. Something happens to this counter.

I am afraid that this counter may lose out the bargaining power with its customer to increase its selling price especially when Tenaga to up its electricity charges. Remember: electricity costs 8% to 10% of total cost, according to TA Analayst. This will put more salt on this stock if it can't pass the increasing cost to its customers.

Manufacturer counter is always like that. Once it loses its cost competitiveness & with no high technology, hardly imitable to protect iteself, sooner or later, it will lose out its profit margin. I believe skpres counter can still sustain its sales volume, but the drop in profit margin will never, ever pull up the share price a lot unless its sales volume improved much significantly than the drop of its profit margin.

Bro & sis, take care. I stop sailing with this boat.

Technically, this stock again loses out its support line formed since 27th June 2013. This counter will likely test its strong support line at RM0.29 to RM0.30 in the near future.

Again, this time skpres is different with earlier drop. This time, the net profit margin dropped hugely to 7%, unlike other time whereby the drop is on sales volume, not profit margin.

be alert... be alert... be alert...

Whoever fren bought EAH... please be alert.

I bought it earlier & now sold out liao...

Fundamentally, this company is OK only although the sales ramp up a lot due to recent project secured from income tax dept. Please bear in mind that the income tax project is ONE TIME OFF & the net profit margin for income tax dept is very low.

In fact, this company's net profit margin dropped already in year 2012 to 13% from 22% in 2011 & 19.8% in 2010. For 2013, Q1 & Q2 margin is OK with 13% & 23% but for Q3, the net profit margin is only 7.5%.

Why I write this? Because I concern about Warrengates especially you wish & hope this counter for ur marry stuck...

Dun fall in love with stocks especially a stock that does not have a distinctive business model. Treat this stock as a trading stock & so, if it drops below say RM0.17, a very strong support line, JUST GET OUT...

Another reason I write this because I am afraid that some big EAH shareholders may take this better one-time-off results to reduce their shareholdings with a much better price.

Take care, bro & sis... especially Warrengates...

Haha... today my 1st TP RM0.20 is completed. Next, is RM0.25. Wait & see.. whoever bought at RM0.18, congratulate... now harvesting...

Sorry... wrong writing... sales improved over 50% but profits improved over 500%.

I am going to keep this stock into my safety box for the next 1 year regardless of how mkt UP & DOWN....

Last call... turnaround company with sales improved over 300% & profits achieved over 300% with net profit margin above 20%. 1st TP RM0.20. Now is RM0.185, still got 8% profit.

3 quarters profit is over RM11.5 million and the highest profit for the last 5 years is RM11.8 million in year 2008. TP RM0.20 should not be any problem but need to hold for a while. Now small cap is temporarily out of favour like EAH has good earnings but share seems not move up much...

1st TP is RM3.60.

TP RM0.20... competitor is Elsoft.... business is booming due to sensor testing biz... Just like Globetronics doing biz at the right time...

If 4 quarters can repeat with 1 cents+ earning, the PE ratios is just 4.5 times with price at RM0.18.

Assume mkt price in 7 times for small cap, this counter can reach 7 x 0.04 = RM0.28.

Anyway, 1st TP for me is RM0.20...

Tomorrow drop back to RM2.75 & RM2.7 before move up again... test patience....

KENA TANGKAP....

This STOCK OK???

Skpres... just like it so much... FD deposit... haha

NO ENERGY...

Hi JayC. Normally when a shareholder wants to increase its holdings or reduce its holding, it has to inform Bursa. So, I look at the notice given to Bursa at 17th Oct 2013 without any confirmation of buying or selling. No idea at it. You see, when you see intention to deal, it is usually associated with buying or selling notice. This one, none.

But look at the recent buyback by Mr Gan, this should not be any issue.

Just hang on...

Hope tomorrow can buy at cheaper price...

NO ENERGY... need to hold on my stock for LONG LONG TIME investment...

Haha... today i push up the price to RM0.35...

What happens? NO PETROL... I thought that petrol drop 10 cents today for RON 97...

Game OVER???

Dropped below RM0.70....

Estimated EPS in FY 2013 is 9 cents. With price now RM0.72, it is only 8 times of PE ratio. Worth to buy & hold for FA, not TA.