I am not a follower of kyy. To be frank, Golden rules is not a foolproof system but an effective yardstick for Momentum players. We can minimize the losses through applying this rules. The world is changing fast in this Information Age. You don't know what would happen next to those companies when their turnover and earnings growth suddenly dented due to cyclical of business, economy growth slowing down and etc. Many companies earnings have turned ugly since last 12 months. If we did not run for life fast enough, we would have locked in the jails. You would never know when the amesty period to the jailbird. Of course, it may not applicable to those companies who are proven their moat to be sustainable in longer term.

Raider. I have a different view....It would probably mean 'YES man' and 'plp' Accountant is a ' very good accountant '....

Posted by stockraider > Nov 27, 2016 12:12 AM | Report Abuse

Raider comment...just look at KYY quote....he believe in accountant ..but only believe in very good accountant mah...!!

" All the losers must look at the truth as explained by stockmanmy's article. Stockmanmy is a chartered accountant who is a very good stock analyst. I have my highest respect for him."!!

KYY praise stock mammy as a very good accountant mah...!!

Raider. CPteh knows nut about your investment strategy. Non of your strategy is interested by him. He enjoys watching stock crashing and hope to earn free simple lunch or coffee from rebounds. He doesn't want abalone, shark fin.....

Pedestrian. I had narrowed down those potential high growth companies under 1.00. JHM is just my lucky pick only.

Run for life if you are not willing to concern the earnings after 6 months due to a lot of uncertainty. No need to look into the detail of QR. ..Just dump it on Monday....gap down > 5%.

Yistock. You have a good analytical mind. you seem like an accountant or experienced analyst. Normally, it's accountant who want to do such detail analysis.

You will never know what would happen in next QR. Anymore black hole to be covered in construction segment? A reversal of huge provisions?

Ah Teh is obviously not serious in shares investments. His attitude in investing is nothing more than a very very freelance style. He loves blogging to satisfy his hobby...cafe dating....not because of making money in stock market. Sorry to say that his urge to make money is not strong enough. If his urge is strong enough, he would learn or do whatever it takes to achieve the goals.

The deal is getting nearer. Rozali could be busy snapping up shares of Puncak at cheap cheap price to ensure his proxies are sufficient to vote go for Triplc. Puncak wants business and Rozali needs to cash out...win win situation.

Jay has done a good job. He shared with us his analysis in a very meticulous way. so I was convinced to join the boat. thanks Jay.

The price of Puncak has been depressing for almost 1 year. Rozali will certainly want to make sure that he has accumulated enough shares (at cheap cheap price) of Puncak under his proxies to vote go for Triplc.....

Its construction segment is running a ridiculous business. In the past 9 months, it has contributed 42 million revenue but suffering losses of 114 million.

David. Choosing Puncak is very comfortable....sitting on the piggy bank 2.5 and hope for bumper dividends or re-rating. Triplc...oh nope...plenty of debt on the surface so it is more risky....


Posted by davidkkw79 > Nov 25, 2016 09:40 AM | Report Abuse

I really don't understand why last time people choose puncak but not triplc ?! They should choose triplc.

Contribution from new warehouse would kick in sooner or later. Now, Waiting those impatient investors to sell at cheaper price.

This is one of the growth stock. My TP 3.0 seems unable to materialized. Got to buy at higher price now.

Pedestrian. I just wanted to pull someone legs only la. What to brag for being number 1 in I3investor? Sharing of information is more important. That's why we are here to update ourselves.

Good sign! Puncak is desperately in need of turnover to support its existing operations.

Fantastic QR results. It may help me to topple Paperplane...wakaka

I am joining too.

Is It Icap's TTB tp 2.5?

Among the companies in plastic packaging industry, it seems that Tguan, the only one, posted an increased in profit for 3rd Qtr 16 against 3rd Qtr 15.

It's still acceptable if the losses were due to impairment of assets without involving cash. Now, Getting more cash are evaporated as Payable increased by 85 million and Piggy bank dropped 43 million.

You can hardly guess how big the hole in construction segment. Peanut turnover but incurred huge losses. Not sure if there is any guarantee, warranties or contingency and obsolete assets have not been recognised in the book.

Earnings surged almost 30%. wakaka

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5269365

Don't under estimate contributions from Kian Joo unless RM strengthen back to 3.8.

Posted by Jon Choivo > Nov 24, 2016 12:14 PM | Report Abuse

To beat last year, they need to make 20m in Q4 which is more than 50% increase on last year Q4. Up to you to decide if they can make it.

Price is heading 1.6 after broken resistance at 2.0 due to weakness in earnings.

Longkang dah tersangkut....kena flush kuat sikit.

Nobody want to dump below 70 cents even though QR not good....interesting!

Don't be surprised when kyy get out shouting..." 规矩是死的，人是活的. sometimes, you must use common sense"

CanOne is one of kyy's top pick started early 2016. By looking at the past earnings records heading south for the last 2 consecutive quarters, is it kyy golden rules still applicable in this case? Or this is an exceptional case due to
1. potential of CanOne dispose of its F & B to KWAP at premium price.
2. current earnings just a temporary setback as a result of higher raw material costs
3. potential export play as RM keeps depreciating against USD
4. potential higher contribution from the associate, KianJoo

EPS
30 Sep 16 - 12.3 cents
30 Jun 16 - 14.05 cents
31 Mar 16 - 5.7 cents
31 DEc 15 - 7.25 cents
30 Sep 15 - 14.28 cents
30 Jun 15 - 14.77 cents

Johortin got a lot of cheap cheap Inventory kept in previous months especially Milk powder and sugar.

Inventory level
Johortin - 80 million ( Turnover RM 116 million )
CanOne - 111 million ( Turnover RM 214 million )

Mango. MMSv is going to announce QR soon....place some bet here la.

Many counters are goreng by big boys to make money....No exception to ....Gkent, Johotin, KESM, Superln....it's just profitable companies are more easier to goreng.

It doesn't matter even the project starting construction 6 months later. Can't sleep well if the project is hanging there without any news or the government set it aside. Gunung's concession contract is a good example.

This time is different lor....project is confirmed to kick off soon...first tp 2.5

Up 7%....Quiet good. Su sup sui to achieve TP 0.3 when they announce another fantastic QR in Feb 17.

Don't simply bombard la.... your KESM and Superln unaudited figures ...profits are also water....wakaka

I have learned something new in this timber business...wakaka

Are you sure or not? So risky in timber business???


Posted by stockraider > Nov 22, 2016 11:31 PM | Report Abuse

I think the plywood price u get is like our current hotel Tariff rates loh.....!!

No jokers will pay such a high Hotel Tariff rates loh....!!

Therefore cannot pakai loh...!!

If you want to argue like that...i also can said those audited figures can be fabricated .....external auditors no use one la... you see what had happened to Xingquan, Cap ...those red chips...profits are marvelous.

BP Plastic profit cut is within expectation. Why? In the absent of huge forex gain, It is simply not possible for BP Plastic to make higher profit for qtr 31 Sep 16 as RM depreciated by ONLY 3.6%).

QTR
31 Sep 15 - PBT RM 8 million ( due to Forex gain RM 2.2 million as RM depreciated by 16.4% )

Posted by stockraider > Nov 22, 2016 11:00 PM | Report Abuse

Sell B4 too late loh...!!
Bplastic profit down alot mah....!!

Please talk base on facts and figures la...Why??

Tguan is expected to generate higher profit in upcoming QR in the absent of forex LOSSES RM 3.2 million reported for 3rd Qtr 2015 due to high borrowing in USD denomination. USD borrowing was slashed by half to RM 24 million as reported in 2nd Qtr 2016.

Qtr
31 Sep 16 - Forex gain ??? ( RM depreciated 3.6% )
31 Jun 16 - Forex gain RM 2.1 (RM depreciated 2.9%)
31 Mar 16 - Forex loss RM 3 million ( RM strengthen 9.8 %)

What's the logic of ONLY Malaysia produced plywood prices crash????

Raider...I did not know plywood prices crash recently.


Posted by stockraider > Nov 22, 2016 11:04 PM | Report Abuse

Up down...when price crash people always dump mah....!!

Just look at steel business for example few QTR back....when mkt crash...look at their inventory of Ann Joo....CSC.....Choobee...Hiaptek...SSteel..see how they cut their inventory loh...!!

Raider. Logically, If the plywood prices have crashed, (by right) Inventory level should higher cause High production Low sales . How come Turnover dropped and Inventory cut to the lowest level?


Posted by stockraider > Nov 22, 2016 10:52 PM | Report Abuse

Up Down,

I suspect the plywood price is not doing well...and not per our extraction mah....!! Our figure maybe wrong loh...!!

Example FLB says plywood price no go good....but our figure still says good loh.....!!

So it may not be production figure but the price loh...!!

Raider... I based on the fact to talk one...I suspect WTK is hiding some good things. How the figures can be roughly tally by looking at the figures below.

Timber segment
3rd QTr - 31 Sep 16 - log 171,070 m3 ( profit RM 4.8 million )
2nd Qtr - 31 Jun 16 - log 120,820 m3 ( profit RM 2.2 million )

1st Qtr - 31 Mar 2015 - log 85,500 m3 (profit RM 4.7 million)

My question: Is it plywood prices crash or they have reported wrong log production figures?



Posted by stockraider > Nov 22, 2016 10:32 PM | Report Abuse

Raider just answer on palmoil side mah.....!!

For Timber side all is not doing well...like TAAAN timber section....Hevea...Wtk...FLB this confirm ....no good loh....!!
What to hide leh ??

I am talking about Timber segment only. hiding something ie profit??? wakakaka

Posted by stockraider > Nov 22, 2016 10:24 PM | Report Abuse

For palmoil raider can answer....loh....!!
Last time revenue low....but planting cost capitalise bcos not mature mah...!!
Now mature already revenue high....but planting cost which is substantial now charge out as expense loh...!!

Not so possible unless plywood prices crash or they have reported wrong log production figures.

Posted by tksw > Nov 22, 2016 10:22 PM | Report Abuse

plywood drag down the profit la, Up-down sifu.

Is it they have reported wrong the monthly log production? @_@

Turnover dropped from RM 180 million to RM 159 million for 3rd Qtr 16. Highest Log production in 3rd Qtr 16 but lowest Inventory over the last century...Something not tally...