lching: 7.20 is still low for me to sell.

As at 22 Oct 15, TP by CIMB is RM0.95. On the same day, it was closed at 0.66.

Water and fibre optics for growth

■ Earnings turnaround story remains intact for FY16.Huge opportunities in new water and wastewater contracts domestically.Potential beneficiary of the 11MP too.
■ VBT has secured recurring revenue streams from two telcos. Scope ofearnings expansionis huge, driven by multiple productsand services, and larger telcos.
■ We cut our EPS fortiming issues, butits 3-year EPS CAGR of 67% is still attractive. Our lower target price remains pegged to a 20% RNAV discount.

Before water incident, wolf has not shown its true color. The water and fire incidents peeled off its skin and then after money siphoning exercise begins with all kinds of tricks such as loss in currency, silver, slow down in camera, mobile phone biz, disposing assets and many more. Good luck.

I will start to add at 7.99. But if it can drop to 6.99, I have no hesitate to add even more.

I want for another 13%.

I came in as "big leg" asked me to follow. We really made big paper gain once. But they don't tell me when will they leave. I guess they have left or maybe they are still in, who knows？

全球首9月銷售穩健‧半導體股向好 .首選則為馬太平洋 2015-11-07

（吉隆坡6日訊）全球半導體領域今年首9月銷售額成長2.9%至2千520億美元，比全球半導體交易統計（WSTS）全年預測2.3%高。同時，汽車領域和手持裝置需求強勁，分析員對整體行業維持正面評價。

MIDF研究指出，半導體9月銷售成長雖然按年下滑2.8%至284億美元，但按月成長1.9%，並且也是近兩個月以來第一次高於280億美元銷售額，相信是受到需求減緩和強勢美元導致9月成長的放緩。

歐日銷售下跌10.6%和11.4%
達證券表示，從各區域來看，今年區域各國第一次獲得按月成長。不過，按年除了中國獲得5%成長外，各大區域9月銷售都在下跌。其中以歐洲和日本下跌10.6%和11.4%最為嚴重，相信這是和強勁美元有關。美國仍持續按年下跌3.9%，亞洲太平洋地區（除了以上國家）下跌3.5%。
展望未來，相信光電子半導體的產品會獲得更廣泛的運用，尤其是在汽車領域方面。根據《研究和市場》雜誌全球光電子市場在2014至2019年每年會獲得17.4%的複利成長（CAGR）。光電子半導體在普遍運用在剎車等和照明上。
感應器和電氣執行器銷售在9月獲得2.9%成長至7億6千萬美元，累計9個月銷售則成長1.1%至64億4千萬美元。
前3年做產能投資
明年進入調整期
MIDF也指出，雖然半導體部份產品銷售亮眼，但經過前3年產能大筆投資，明年該領域產能將會進入調整期。達證券分析員表示，該公司訂單出貨比（Bookto Bill Ratio）為1.07倍，高於平均值。全球半導體訂單的按年成長了35.1%，出貨量則增長了19.7%。
但根據目前下季需求不明朗的情況下，生產商們紛紛採取保守的產能方針，估計下個月出貨量會減少。
基於馬幣對美元持續走低有利於出口和特定產品需求走高，證券行們對於該領域都維持正面的評價，MIDF研究對於該領域看法為“正面”，達證券則仍維持“超越大市”評級不變。
MIDF研究給予旗下追蹤3家半導體公司馬太平洋（MPI,3867,主板科技組）、友力森（UNISEM,5005,主板科技組）和益納利美昌（INARI,0166,主板科技組）買進評級。大型公司方面，首選則為馬太平洋。（ 星洲日報／財經‧報道：傅文耀）
點看全文: http://biz.sinchew.com.my/node/125604?tid=23#ixzz3qoIKvPWi

Cheers!!!! Can it climbs for another 20%?

ssteck: you are not alone, I am here for long too and worst still big portion of my fund is stuck here. I am right here waiting and waiting......

Based on the latest report from CIMB dated 22Oct15, the TP is reduced negligibly 0.98 to 0.95. The ADD call is still maintained. I do not read this as a downgrade.

+X@-#! At last making profit RM142.

大佬：你们是没钱也可向政府租好地。我们是有钱也租不到地，除非你有很多的钱足以付捐献与地价。当千辛万苦成功後，他又会要你捐出一半成果，不然下年的准证有得你烦。

One of my Singapore friend only want to earn big money such as venturing into Tin Mining, Arowana fish farming etc. After knowing him for the last 20 years, he is still occasionally borrow money from me for Chinese New Year Angpao for kids in M'sia.

Nearby my area, there is a Roti Canai hawker in one of the coffee shop just 500m away from my house. Yes the whole family work very hard earning tiny money but they stay in 3 storeys semi-D and having motorcycle as well as Nissan Murano in the car pouch.

I caught the fallen angel and hoping for angel to fly again. Instead the Indian black angel falls and falls again just like the falling London bridge. Sigh! Is she now earth angel with only one direction left which is up?

sage: Thks for your detailed explaination.

JN is a wiseman.

我的年代是很尊敬长者的，更何况是对社会有巨大贡献的长者。谢谢tkt66.

Where is Raymond? I like him a lot and I must not miss his comment.

Hi Sage: Thks for highlighting that workforce is distributed into 3 countries and the latest workforce at 17000 people. Let's say Malaysia's workforce is 60% of the 17000 and 10% reduction a year from automation projects.
17000x60%x90%xrm100x12months=RM11mil increase on cost of direct labor.

Being said that I opine some people may throw JCY next week, however I chose to raid on the roller coaster till next height.

Budget is infact a very bad news to JCY where minimum wage ups from 900 to 1000. This will definitely increase operation cost of JCY very significantly as it carries a very heavy workforce at 18000. 18000xRM100x12months=RM21.6mil.

Hi Yi: You did great calculation and are maximizing leverage effect on WB. On the contrary, I took a bit more conservative approach than you where I converted the only two free WB to mother share as I think the 40% DPO would suppress the “up” of the mother share. Furthermore I am cheap in enjoying the tiny dividend. Ha ! Ha! Good luck and looking forward to your venture to win big.

Raymond : where are you ? If you do not appear yourself this round, I may sell to lock in profit. You are always a clear barometer of JCY.

Objective is to cut cost.

MSS=mutual separation scheme=VSS=voluntary separation scheme
Company wants to retrench employee with compensation according to your year of service. You “volunteer” yourself OR you and the company mutually agree on your exit.

Please do not get too excited, the current macro economy of Malaysia is very unfavorable to property industry. Buy into Mahisng now only if you have very strong holding power.

If we want to win big, we should not buy into a specific counter basing on one or two “unverified” info, instead we should emphasis on its long term competitiveness. In this case I have high confident on competency of Tauke Leong and his team. However this will bring in profit only after long growing journey of the company. Certainly long journey comes with many unforeseen risks i.e. long night comes with many dreams.

My advices: Long term invetors in Mahsing know very well that when talking about share price, Mahsing has never behaved as “HorseSing” but instead “TurtleSing”. Whoever wants to invest into Mahsing is advised to understand the attributes of Turtle i.e. steady, safe but slow.

1)In face of the strong headwind, management of Mahsing has in Aug15 revised sales target from RM3.4bn to RM2.3bn i.e. slashing down 32%. This is the most critical impact to its share price.
Projects in Johor constitute less than 50% of Mahsing overall revenue. Even if the sales in Johor is really selling like hot cake, the extra earning from Johor still cannot offset the earning drop from other areas i.e. Klang valley, Penang and Sabah.

2) It is very great to know if EastSpring really buys into Mahsing but this is only a short life booster. The long term solid catalyst is its earning from core biz – properties which is now facing very tough operating atmosphere.
Being said that, I am still very delight to the above two positive news. At least both serve as spring thunder to wait up the hibernating Turtle.

My take: Mahsing(RM1.31) is now trading at very attractive valuation with PE 8.7(assume eps at15cents), dividend 6 cents and yield 4.6%. Will I buy more? No as my portfolio has been overloaded with Mahsing. If today I do not have Mahsing in my portfolio, I will buy some but not all as I see other property counters with same level of valuation as Mahsing but offering much higher dividend yield than Mahsing.
Good luck.

People dares to dream and wait for very low entry price is the one who will win big. Cheers.

Yes we can only get Mahsing at RM1 when KLCI drops to 1000. The question is when will KLCI drops to 1000?

That was actually my mindset 2-4 years ago, the consequence is paper loss of RM10k and opportunity cost of 2-4 years. Luckily the batch which was purchased in 2009 brought in some profit to neutralize the loss.
Therefore do not judge current value by comparing to past price. Good luck.

Zhulian is an expired counter, syndicate will hardly fly the same counter twice

Zhulian operates mainly in three countries namely M'sia, Thai and Indo. All of them are facing stern economy challenge. How to expect light at the end of tunnel amidst triple blown troubles?

Good catch at 2.26. I am very greedy to wait for lower price. I am not in hurry as I have had quite some number of Matrix already.

Indo's eco and rupiah are now much worst than those of the already very worst "Boleh Land". Therefore much more write off is coming from Indo which will severely affect the earning of CIMB. Earning and share price are Siamese Twin, they go at the same direction, while one is deteriorating, another one will goes south pole.

Do not judge share's performance based on its past performance more so when the broad sentiment is very bearish as can be seen now.

I hold CIMB since 5-6 years ago, I am losing big now. I definitely hope CIMB to rebound but I would not put in more money at the current volatile market. If I have excess money, I would invest into other counter instead of CIMB at the current situation with high uncertainty especially on CIMB.

Mah Sing’s hotel, Ramada Encore Meridin saw overwhelming response with 70% take-up at signing ceremony
By The iProperty.com News Team on Sep 23, 2015

Thank you very Mr Murali. I was so worry that you would comment in the same ways which you always did on articles by Mr KYY. Really thank you for your generous respect to Mr. Koon which is very very hard to gain from you. Thank you.

Big thanks to Mr. KYY.
HorseHua did not want to help the poor students around Kampar, Lim Guan Eng wants to help poor student around Sg Dua/Gelugor. Chinese community votes for Lim Guan Eng but kicks HorseHua for a solid reason. Can you see it?

great comment. Thks

RM dropped further last couple days meaning profit from currency gain of JCY increases. As long as the shipped qty of it's HDD products stays at the same level, its eps will increase and so its share price, premised the sentiment of the broad mkt does not turn too bearish.

In fact, I am very pessimistic on the macro economy and RM. I opine that 4.5 to 1 usd is within reach soon. If Father of Donation stays in power, I would not suprise to see RM touch 5 to 1 usd.

南洋 2015-09-20 马星集团进军酒店业，看好马来西亚依斯干达特区的发展优势，在大马乐高乐园毗邻兴建发展总值达3亿令吉的酒店，并与号称全球最大的酒店集团温德姆（WYNDHAM）签署特许经营协议，授权新山Meridin酒店以“华美达安可”（Ramada Encore）酒店品牌经营。
图为温德姆酒店集团亚太区收购与商务发展总裁大卫雷（左起）与马星集团总执行长吴彩荣，展望酒店未来将提供4星级服务。

What is the impact to future profit?

Infact I have been waiting long for further 10% down from 2.30 to collect more. It seems like u-turn train has kicked off and thus my greed to buy cheap has failed this round. Therefore going forward I can only rely on on-hand quantity to deliver me div and profit.

If want to make money from Huayang eventually, even feeling scare now, also should not sell Huayang at the current price. Huayang is a company with dividend play and long term steady growth. Unfortunately its industry is now at its low cycle, thus if wanna to be winner, have to have faith with it and wait patiently.

It is premature to sell at 1.90, unless you are for short term trading. Infact Huayang is not volatile therefore it is not a good counter for short term trading.

Thereafter, share price will depend mainly on sentiment of the broad market and the performance of qtr report.

The current price is strongly supported by the upcoming 8 cents dividend to be ex-ed on 30sep15.

988陳风常问：你做工的目的为何？
听衆：为了家人过舒适的生活。
陳风:对家人來说，舒适的生活是一家人团聚在一起。

I have an opinion that assumption on 8%-10% returns a year from stocks for long period is a stretched target for ordinary investors.

Substantiations:

1)http://www.temasekreview.com.sg/investor/total-shareholder-return.html

As at 31 March 2015, our(Tamasek) Singapore dollar one-year TSR was 19.20%. Our three-year TSR was 9.62% and our five-year TSR was 6.94%. Our 20-year TSR was 7%, versus the Singapore 20-year annualised core inflation of under 2%. TSR since our inception 41 years ago was 16%.

My opinion: An worldwide renowned elite group can achieve 5 yrs @6.94%, 20 yrs@7% and 41yrs@16%. As ordinary investors, I opine benchmarking 7% is a very outstanding target already.

2)http://www.thesimpledollar.com/where-does-7-come-from-when-it-comes-to-long-term-stock-returns/

“..Warren Buffett, who claims point-blank in this Bloomberg article that you should expect a 6-7% annual return in the stock market over the long term. “

My opinion: If the above info from web is correct, then as ordinary investors, we are doing very well already as expected by W. Buffet if we are in the region of 6-7% annual return.

Good dream can happen sometime.