It’s going to be another bear year for KLSE if he doesn’t pass the power as promised by May 2020. FF don’t like invest in a political uncertainty country.

How to expect leaders from other countries to respect a twist and turn person of a small country? They respect LKY who is really devoted he himself wholeheartedly for the interest of the country.

CPECC is really doing the job according to schedule. This is a goreng counter...don't play play. Follow the facts rather than our egoism. Buy some to keep first.

Raw material consumption represents about 46% of Turnover in year 2018. There's a big portion consisted of plastic packaging material. Spritzer has its own production lines to produce plastic bottles. Therefore, gross margin is expected to improve from enjoying reduction of resin prices.

Maintaining uptrend mode at reasonable price. Go go go!

PSP business prospects seems good in future but TP 10 is slightly ludicrous. Anyway, buy some for testing.

Nestle seems like over goreng in Malaysia. Nestle is in fact relatively high after benchmarking with world class consumer companies in term of PER.

Nestle - 52x
The Coca Cola - 33x
Pepsi - 25x
McDonald - 29x
J&J - 22x
P&G - 28x
Starbucks - 34x
Mondelez - 27x

SGX's DBS, OCBC and UOB are only traded at PER between 9.8x to 11x and the latest revenue growth stayed above 8%.

Share price is overstretched due to excessive optimism growth prospect. At the revenue growth rate of 3% as reported in latest quarter, PBB is traded at PER 14.2x which is considered quite high given the current economy situation. In addition, PAT is stagnant and expecting to remain in next few quarters. Expect PER to drop below 12x .

不在乎別人的眼光和感受，不乞求別人的理解和認同．盡心盡力做自己喜歡的事．只求自我的一次又一次突破來實踐心的中理想．這就是交易員．你說我是個賭徒嗎？哈哈．

ASRS warehouse is nothing new in Malaysia. It was actually brought in Malaysia by a Korean more than 20 years. It was not widely adopted but time changes fast due to escalating labor costs, maintenance of forklift and fuel consumption. More important is the system allows accuracy in maintaining automatic stock records and minimize overstocking and obsolete stocks. Every item in the warehouse can be track in terms of location and the time of storage. It’s almost alike automatic storage of cars in the racking system. I am quite impressed with Spritzer to spend so much money to improve its business automation which would greatly increase its warehousing efficiency.

No sign of tiring growth. Good quality growth stock for big cap.

You are too ambitious..It's good enough if market cap grows until on par with Aheath.


Posted by stockraider > Sep 20, 2019 10:12 AM | Report Abuse

Yes general raider bought some at rm 0.540 to rm 0.545, in 5 yrs time this can be a new nestle loh...!!

Nova seems like a high growth stock in the meantime.

Revenue and EPS are trending upward. Bet for this growth trend in next few quarters.

Insufficient publicity is the main factor resulting shares traded at low liquidity but earnings would ultimately be the main drive to direct the movement of share price. Spritzer is considered involving in FMCG business so any positive news in reporting better earnings would attract investors to join the boat.

Low dividend yield is due to high capital expenditure in ASRS warehouse and working capital. The funds for expansion came from private placement 2 years.

Posted by steven_c > Sep 19, 2019 3:55 PM | Report Abuse

Has the exercise for Yee Lee privatization failed? I wonder if management will consider privatizing Spritzer instead? Liquidity is very low (few hundred units of transaction volume), dividend yield is very low (roughly 1.5%), no news written about management's vision to motivate the shareholders, thus, appeal to investors are almost non-existent other than Yee Lee themselves.

Profit contribution from High Voltage System segment was started kicking in last quarter. Expecting this trend would continue with the support of higher execution for contract RM 260 million.

Good bargain at this price level. Hardly see a plastic packaging able to maintain attractive margin in tough business operating environment nowadays. The company keeps innovative through investing in new and high efficiency machineries. Low resin price has added extra advantage in maintaining profit margin.

Spritzer's ASRS warehouse worth RM 45 million will be completing at the end of 2019. It would certainly increase the efficiency of the operation and reduction of warehousing costs after putting into operation. Low resin price is another good factor to contribute higher margin.

In the absent of profit contribution from condensed milk segment, Canone's prospect is seen gloomy in next 12 months. Myanmar Aluminum and Carton operations started operation in 1st Qtr 2019 but heavy start-up costs would pull down the performance. It takes at least 3 years to achieve break-even after commencement of the new factories.

在股市中對或錯的決定往往很難分辨 ．越自大就會招來不必要的心裡負擔特別是在熊市來臨時．它會把慢慢的把這種自信心摧毀．

‘等待機會，也就是等待你和別人誰先犯錯’
這也不一定．由其是在換股時，我們根本不能料定對方是否犯錯．在交易的那一刻也不能完全確定誰是在正確的選擇方向．而且，我在這個股犯錯也不表示在同個時候所換的股走潮向不一様的走勢．對或錯只能在個人底下議論．如果我們說等對方犯錯也末免太自大了．

Now, rakyat has already suffered kaw kaw..not only in term of economy but including mentally (hopeless of electing PH government). lolz

Most of the PH MB keep quiet and playing politics through blaming, racial,,,to divert attention from economy issues. There's a gestation period while pumping money into economy so they can't delay for too long until the situation become uncontrollable.

posted by stockraider > Sep 12, 2019 7:42 PM | Report Abuse

No need to pump now loh....now is to make rakyat suffer kaw kaw 1st, and make them to realise the importance of PH, then only to rescue them in within 2 to 3 yrs time loh...!!

If rakyat don suffer 1st, they don appreciate a good Govt loh....!!

Not much choices to boost the economy in mid term. You know the culture and mentality of rakyat la. The most easiest way is resuming mega projects and adding more. No need to care much about white elephant. The most important job is to make economy look good and let people enjoying before GE ...Rakyat muda lupa..

Posted by stockraider > Sep 12, 2019 7:23 PM | Report Abuse

Malaysia already over built mah.....!!

Better to pump monies on food productions more effective and reduce our food deficit mah....!!

Also pump monies to develop talent let vocational, ICT and financial training loh...!!

PH government won't be so stupid to dig a grave for them. Timing is crucial to make rakyat happy before GE. They drag a while and keep money for future projects. More relaxing policies in properties are expected after next year.

It's time to pump money into major construction projects starting next year. PH has to prepare GE in another 3 years to keep the votes. We must prepare for the last bull run after massive spending in projects. It's going to be Budget deficit for the next 3 years. lolz

Dr. M dares not to take anymore risks at his age. It’s still not too bad being a mediocre country but nice time won’t last for long if our leaders don’t have any ball to take the challenge. We can’t stay laybacks from young until old and expect good life without much efforts...Dream dream dream...lolz


Posted by EngineeringProfit > Sep 8, 2019 4:09 PM | Report Abuse

Jokowi is the best regional leader and stateman

Foreign Funds has exited in massive scale since 2014. No sign of stopping. They won't come back when they see Malaysia economy dooming. KLSE is going to become hopeless in future. Better prepare to invest overseas market.

Indonesia is planning to move capital to Kalimantan. It's quite good to their economy as massive developments will be focusing rural areas. Indon will no longer interested in Malaysia. Philippines are interested in more developed countries. Vietnamese labor are shying away from Malaysia. Myanmar and Cambodia are not Islam. It's only Bangladesh workers well suit our Malaysia for the time being. Our country may transform into a major labor export country after 15 years.

No other alternative. It's the only way as a result of his easy way policies introduced in the past. He has power to reset. If he doesn't do it then who is able to it in next 5 years? He knows economy Malaysia would trending downward if he do nothing. what for being in power for self consumption?


Posted by stockraider > Sep 8, 2019 3:22 PM | Report Abuse

I suspect mahathir think the malays cannot take bitter medicine, so in order maintain his dominance he needs to play the race and religion game to maintain power loh....!!

Not easy to reset...bcos they are too use to easy way mah...!!

He has the power to reset our policies and system now. The best time to bring up Malay. Why delay delay and keep talking nonsense of laziness. I think he is lazy of introducing new policies as it may trigger political unstability and his power of being PM.

Dr M has been repeatedly claimed Malay laziness. How many times he has mentioned this topic for few decades? It doesn't change the reality. Why talk again and again? He merely wanted to satisfy his high egoism for claiming Malay laziness. He should have brought Malay up with real action (reform) and proper policies.

How can Malay wake up with so much pamper from the government and sweet talks of politicians? Be prepared to face the reality until the end....by then our neighbor countries would all overtake us.

No compulsory conversion into Islam and abondon of Islamic laws are good enough for cross marriage with non Islamic. It's a good way to reduce tension among racial and lead to better Malay life as cultural changes would certainly minimize the notion of laziness. By that time, claiming of Malaysia great is only possible.

you don't even know who is an idiot if the action of one making you feeling inferior and causing you bad mouth other.

Be cautious of tagging one 'idiot'. The more you calling other idiot, the more of you confused for what you have done. Eventually.. karma will bounce back...

Better listen to the pro in analyzing CCP.

https://youtu.be/KvGAVEKQDQg

CCP is being too ambitious in overtaking US for the past few years. China wants to reduce the influence of USD in the world by using RMB for buying commodity especially crude oil from Arab and Rusia. This is what US can't stand with. Iraq and Libya are the good examples for intending to sell their crude oil in currency other than USD.

TSMC is giant blue chip so we can't punt growth stock like what we do in KLSE.

Posted by Icon8888 > Aug 20, 2019 5:49 PM | Report Abuse

TSMC July sale 700 bil TWD per month

But because of 5G, sales in October November and December will be 1 bil TWD per month

The growth is already here

5G is going to be huge in future but Malaysia OSAT players are mostly targeting their largest customer, Apple. Apple will only roll out 5G iPhone in 2020. They are out of Huawei ecosystem. What a pity. Huawei is expected to speed up infrastructure installation in China. Oppo & Xiaomi hav launched their 5G phones. The Edge said that Malaysia ATE companies might be benefited but most of the companies have reported lower turnover other than Penta.

EPF is supporting the share price now. They disposed certain portion of shares during the rally and cater for the situation turning sour. In fact, minority shareholders are welcoming such cushioning actions....providing more opportunity for the traders.

Takaful should be able to maintain margin next QTR as Net benefit claim under Family segment has dropped to 41% from 51% previously. The revenue growth seems slowing down next quarter.

Dakewlest. Loading shares until the growth turning into negative. Let the profit keeps rolling.

The CAGR is even more astonishing if I started with the base in year 2011. CAGR will be revised to 21.15% over 7 years. lolz

PAT
FY 2011 - 76.4m

Turnover
FY 2011 - 1,345m

Takaful is a high growth company with a compound ROI of 19.62% per annual for the past 6 years whereas turnover is merely growth 64% over the same period. Net profit margin jumped from 7.8% to 12.8%. I didn't know the figures are so nice until I worked it out. Will Takaful continue to growth further in the next few years judging from its past track records?

PAT
FY 2018 - 293m
FY 2017 - 205m
FY 2016 - 175m
FY 2015 - 163m
FY 2014 - 139m
FY 2013 - 134m
FY 2012 - 100m


Turnover
FY 2018 - 2,639m
FY 2017 - 2,139m
FY 2016 - 2,013m
FY 2015 - 1,789m
FY 2014 - 1,653m
FY 2013 - 1,713m
FY 2012 - 1,607m

CIMB downgraded insurance sector after facing ineffective downgrading of Takaful 2 weeks ago. They are so desperate to pull down takaful share prices. EPF sold 20 million shares in past 3 months whereas Foreign Funds are happily bought up 10 million shares.

It seems that the share price has not priced in high NPL. Many expect profit growth to offset higher NPL.

Negan. Funds managers blue boy, Aeoncr, has just announced a lackluster QR as a result of high NPL. Hardly see Aeoncr rock the boat for the past few years.

Not many counters available for IBs to goreng nowadays. The prospect of most companies are seen bleaked with weaker QR. If they don't goreng Takaful, what else can they choose? Good prospects, expecting better QR and coming bonus issues.