Ya. .suntze. . Need some extra info if you had. .. You are fund managers or where you had those information? Plantations will take few more years time. . Note log cost gas dropped significantly.. do you have those efficiency data or hire they further reduce their cost

Yes. .I agree. . However, not to forget that la of mdf already profitable and yet EFB yet to have it. . In previous record, EFB had gross abt 20%.. but recent years it had dropped to alt 12%.. one of the reasons i saw is inefficiency of operation and also high log cost. ... thus, if this round their upgrades can solved the inefficiency problem.... Then it will be solving the root cause. .. Rembert in lat quartet even is oppression in Thailand is making a loss. .. while other operators in Thailand already pitiable. .. in lat quartet management saying they have make repair on thailand boiler. .. this I hope this quarter will be having major improvement

Hi Suntze,

I have been a long term investor in EFB. I did email to them as well. Just to understand when you said the biz model has been transformed, you have visited them to see their operation? I did question them on major repair and maintenance and certain time is on equipment upgrade. But , I have no idea how would be their overall operation efficiency. For the past 2 years, MDF industry has been in consolidation due to overcapcity and also weak US economy...

Of cause, as investor, I hope EFB can truly turnaournd with the economy improving as well

Hi Suntze,

Saw you aggressively promoting this Evergreen counter...I understand managment is doing whatever they can do to improve the earnings....Why you so confident that the company can make a turnaounrd

what annoucement?

What is the main purpose he coverted and control the L&G? Just for dividen? Or privatise? Compared to Dividen, looks like privatise and own it is more worth

Hi Mr OOi,
May I ask where is the gap up?

Thanks, Mr Ooi....This PJDE-WC is really in a good move up....Good take...

hi chang, please send to me andyhard1980@yahoo.com

Free warrants??

Your source told you that is undergoing?

Chang21....What kind of news will properl SCOMI?

Hi Mr OOi, When is the next quarter result will be out?

Is the WC still looked good technically?

Thanks OTB,

So, you wont touch it until it has breakout?

The selling pressure is quite strong

Hi Chang21,

You said MAS will fly?? ANy reason behind? Because it was dumped until so cheap that a rebound will be happening?

BTW, may I know how you derive the value for scomi? Quek is entering SES while Abu is in scomi group. It is not easy to ousted Shah...But, defnitely it can pressure for better management quality..I put trust on that...Somemore, monorail in India was finally done..But not sure is the cash will be received now or ealier...

Hi Mr Ooi,

I recheck again on MFCB. No doubt, fundamentally, it is a astrong company. However, chartwise, I saw some weakness. I have a feeling the stock won't continue the uptrend before it consolidate further. The region of 2.35 is high resistance, lots of selling pressure.

May I know what is your view?

Hi Chang21: How far scomi can go?? RM0.55?

The catalyst is new project?

Mr Koon, fwe questions in my mind, that may be you can help to clear

1) Why the log concessionaire business is doing so bad in recent years? Is it due to poor log price?

2) The FFB is increasing but JT is still not posing good profit yet?

3) The cash situation in JT is quite poor. I am doubt if JT still can go thru if the cashflow doesnt come on time. JT has called for a cashcall not too long ago.

Thanks, Mr Ooi.

May I know what is your strategy for Hevea and your TP?

Mr Ooi, I know people might have just ignore Hevea after selldown by Director. I remembered you said you have already sold out after closed below 1.09. I recently relook at hevea again..I saw some strength in the chart. I personally feel Hevea would resume the trend. Once resistance of 1.18 is break above, Hevea could move ahead again...Do you mind to share your view?

Mr Ooi,

I would like to know more about opening account with you

Just some 2 cents...Warrent buffett said in a recent interview that when Bershire is relatively small...He used Benjamin Graham philosophy...When Bershire is so big...he needs to use Fisher philosophy...the difference between these 2 investment gurus...Benjamin believe buying something cheap...Fisher believes in value in the company....For a small retailer with capital less than Rm1 mil...i think Bejamin philosphy is suitable to us...

" Cheap" means that the current price to its intrinsic value..But, Fisher is looking at growth to overcome the current pricing..Warren Buffet bought American Express at 20X PE....But, Amex has proven the company is valuable because of its growth and world wide exposure...

Hi Mr Ooi, JCY looks good in chart..what is your view?

I feel the selling not done yet..Need to monitor a few more days...

Hi Faberlicious, Mr Ooi,

May I know any development behind this PJDEV?

Can someone briefly summarize what is going on this PJDEV? Is big shareholder is increasing its stake?

MGO= Mandatory General Offer

If any single party holds more than50% of the company shares, he is obliged to offer MGO. But, at the same time, he also can request for exemption from Bursa.

Mr Ooi, I believe you are a wiseman...We knew there are many nonsence people...Just be yourself..We sometimes need to close eyes and ears at right timing...You know your 2014 pick is helping lots of people...that is the motivation...I believe we cant help everyone...Only wise people can understand wise opinion....What for we angry for unwise people?

Mr Ooi, based on 24th DEc (Monday) big upbar with utra high vol. Is this a weak signal?

I just have a rough lok on this stock...it has no debt? and have 50 mil cash on hand? Mr Ooi, may you share what is the strength of the FA on this stock?

Hi Mr OOi, this TA looks great..same like Home...But, at 1.91 is very high PE ratio??

May I know what is catalyst for Salcon

May I know what is the catalyst for L&G?

BTW, Mr OOi, Yesterday was a extremely high vol upthrust for Home, the retracement is coming 2 days is a good pick up?

shall i buy or buy when retrace?

Yes, vol for Hevea is a bit low. But the shakeout if confirmed with upbar could be forming higher low. Then, the chart is ready for breakout.

For Home, the longer consolidation period coupled with a sudden high vol upbar last week, is a good sign the chart is waking up.

Overall,both chart giving a very similar style/pattern. ANyhow, if both also breakout, it will be great for you.

Mr Ooi,

I have checked both Hevea and Home technically. Both are having same pattern with some background that is showing serious sign of weakness. The chances of breaking out is high due to very low vol consolidation.

Do you have the same view ?

I see..Thanks..BTW, for furniture, the result is good during 2H compared to 1H...Home does not show consistent result across quarter..But, the result is best during Q4.

Dr Ngee also resigned? Where is this news come from? BTW, what is Dr Ngee post?

Hi Mr OOi,

May I knowwhy you so optimistics with the earning next year for Home? It is double up on earnings.

So, next year the strongest element is water, followed by metal and wood?

Particleboard and MDF industry is going some downhill...due to cost of materials...You think it can be reverted?

Hi Mr Ooi,

Is it next year wood element is strong, you decided to invest more on wood industry? So far does this strategy work for you?

PMCorp still have retained losses of RM582 mil..if the share value reduce from 50 sen to 10 sen..it still unable to fully convert the retain losses to become earnings..

Can PM Crop declare for cash payout in this case?

Mr OOi, could you share your view on Oldtown on technical side? I see some strength already building, an upmove is brewing

Hi Calvintaneng,
So, you are saying there will be capital reduction and consolidation to reduce no of floating shares and then based on 80 sen cash per share, they will pay out certain amount of divide?

ANy idea how much will be paid out?

so any news that it will shoot up?

Okie, you are saying under the liabilites held for sales..some of the provions last time can now be written back as the liaibilites is also sell to KDEB?

Ooi Teik Bee

For your information, although the 56.6% stake sale in KHSB is for 193.467m (76sen), but the actual net proceed form disposal is much higher after taking account write back provision. It has been classified held for sale assets and liabilities in KPS last Q1 balance sheet. Lets me update to you now:

Total assets classified held for sale: RM 850.548m
Total liabilities classified held for sale: RM 523.774m

(remark: The figure is base on offer price at 76sen)

Expected net gain to be recognized:
Net gain from disposal of KHSB: RM 326.774m (additional gain of RM 19.347m to 346.121m based on revise offer price to 83.6sen)

No of share: 477m
Net gain per share: 68.5sen (offer price at 83.6sen: 72.6sen)
NTA: increase from RM 2.43 to RM 3.16


Hi hng33,

I just wonder the net gain is the difference assets held for sale and liabilities held for sales? Isn't the net gain should be Selling price- initial investment?

Hi KC,

Not sure you have kept some historic financial data for ECS? If yes, do you mind to share to me? Thanks