If you do not use "ass" in your writing to me, I would be more happy and much appreciated.

Mr. KL Lim: I agree with you this time despite that I did not agree with you many times, but I strongly believe you respect disagreement, don't you? I would express my deepest respect to your good intention in writing many comments. You have my respect although i have many contradict opinions with yours. Nice to meet you. Thks.

Posted by deepmarine > Dec 5, 2014 09:05 AM | Report Abuse

tan teng boo can make you rick
tan teng boo can make you poor if you put his advises aside.
......................................................

Hi Mr DeepMarine: I also cannot agree with your word "CAN". In this aspect, I see him doing his job, giving his advice free of charge but I do not agree that he can make me rich or poor. If it is so simple, there is no beggar on the streets already.

Mr DeepMarine: although I respect and want to support your courage to voice out your strong support to Mr TTB in the anti-TTB atmosphere, there are few areas I have to say I disagree with you.

You said: "only mr tan can lead us lead icap, 4Dec 9.41pm". I afraid I totally cannot agree with you on this stm. There are higher mountains after the highest mountain.

Hi Mr Deepmarine: I agree that if following TTB advice, we may not make big money from the last couple years but at least we will not broke. And if anybody want to play safe as TTB advocates, it is fine. You may have lesser return than the broad market for the moment, but at the same time you earn a bigger chance to win big in the upcoming bear. It is a game base on your own appetite. We live in a free mkt, we should not be forced or coerced to see things in one angle only. The world is created with plentiful colors.

Deepmarine: you have my vote.

My view is that TTB repeatedly pointed out a very simple and typical behavior of share market. But the timing is somehow not on his side yet although the historical trend is. Because of this many people ridicule him.

Do you agree that when fingers point to someone, there are always three point back to ourselves? 3>2, therefore when I say TTB is lousy, in fact I am lousier than him. Unfortunately I and many others do not realize that.

I listen to both sides and many sides of voices and concile them into data bank which can be used as reference when making own judgement.

I beleive walau2u wrote with good intention, so up or down is a no event to him lah.

For the 29 qtrs, there was only one qtr with negative growth on revenue which was Q1FY11.

OK, I need to off for today. It is very nice talking to you and Firebird. Bye, good luck.

no movement, no comments

The latest qtr's net margin is 8.5%, its lowest since Q2 2007.

Latest qtr : rev grows 4.4% while net margin drops 30%.

One qtr does not represent the whole year, nevertheless I wish the mgt work harder and find a way out.

I hope so or even lower than 1.90 so that the yield will be higher than 6.5%

Hi Stock: if the profit margin is sustained then top and bottom lines will move parallel. My worry is that its margin is shrinking for the last consecutive qtrs. Furthermore the current biz environment is not in favor to grow the margin. The mgt did mention that the company need to let go some margin to grow sales such as bundle sales.

I am good in talking but you are great in action. You have 40% ahead me already. Kudos.

If you are looking for high growth and relatively steady company, how about my favorite Mahsing.
Its CEO has internal goal to grow 20% on sales each year. Its CEO has personal aim to grow big as Cheung Kong(Hong Kong). Its yield is not bad too at 4% on RM2.30. My yield from MahSing is 7%.

Firebird2 : My main reason buying into Padini is for its consistent and high div yield with the fact that its growth rate is relatively lower but steady. I do not expect Padini to demonstrate high growth, thus expecting high capital gain from Padini is unrealistic.

Welcall gives about 5% div yield. Margin interest is 4.8%. You can net in 0.2% plus the high potential growth in its biz and subsequently share price and your capital. Beautiful.

I like dividend and I am building a portfolio with high div yield so that I can have passive income each month. Getting old, need to build passive income.

Stock : I do not wait for -30% to buy more. I bought when it is -10%. I bought Padini at 1.90 and then 1.70. The next entry price would be 1.50. Or maybe today on, I should follow you waiting for -30%.

2 of my criteria are growth prospect and high dividend. In term dividend both are quite equal or maybe Padini is slightly higher, but on growth prospect, Welcall is well ahead judging from its very low cost of raw materials, weakening RM vs USD, capacity expansion, and high demand from customers. On the other hand, Padini is facing high uncertainty on GST, lower margin, higher cost, higher competition from new players and significantly affected spending sentiment due to high inflation. Although I listed few challenges facing Padini, it does not mean Padini cannot get thru with them. Time will tell. The plus point of Padini is that it is selling much cheaper than Welcall.

Mr Stock : I am curious to know the top candidates in your to-buy list. Thks

Firebird2 : Yes, I have invested significant amount into Padini mainly for its high dividend. But if you ask me which one I like more between Welcall and Padini, I would very honestly to say it is Welcall. However, Welcall does not want to marry me but Padini does, so I married with Padini loh. This is life which will not behave exactly in the way you want it to be.

I like it and know it so much. Who knows I may one day apply a job in the company. Ha! Ha! then I can eat the very delicious and famous Indian curry nearby.

Hi Firebird2 : are you the one who i communicated thru Welcall ?

I have waited Welcall for years. One of the counter which I wait for big correction to collect in big amount is Welcall. Unfortunately, it is so stubborn at its high price. I have no luck to get it. I hate this, as I know its biz very well and I study it for long enough, but the timing (price) is not for me. Sigh !!!

With the very low price on NRL and significant expansion on its capacity, I foresee its earning to grow higher and higher.

LPI is a result of luck and the great name of Tan Sri Teh HP.

In fact not many long term counters give me good return. Most of them are much lesser than market return such as CIMB, Gent, GenM.

One of my favorite and the highest weightage in portfolio is Mahsing which ironically is not the favorite counter of most of the forumers and analysts. Total return is 92%. Duration: 40% of capital was invested in 2009 and another 60% in 2012-13.

based on 17.40. Total present return divided by total initial capital =162%. Duration: 2009 to Dec 2014.

Talking about the real "sleep well" investment, I rate LPI as number #1. Since I bought LPI 5 years ago, I seldom look at its share price but only the qtrly report(sometime I also forget about it) and the half yearly dividend(never forget). A share which can comfort you till you do not look at its share price is the share which I classify as the real "sleep well" counter. I cannot find many of this kind of counters?

Let me open my score cards with assumption that I have limited fund and I need to choose ONE only in between Padini and LPI :

1) What kind of Business that you really really would like to own? LPI is A+, Padini is A-.
2) Are you really really comfortable with the Business? : LPI is A+, Padini is B+.
3) Can you sleep well at night and smile yourself to sleep Owning this Business? : LPI is A+, Padini is B+.
4) Do I really really understand its Business? : LPI is A, Padini is A.
5) IS it recession proof? : LPI is B, Padini is C.
6) Consumer Business? : LPI is B-, Padini is B+.
7) Does it have a strong Brand? : LPI is A, Padini is B.

With the above, I conclude Padini does not score very high mark. But it is still a close A company.

Are u kidding ? When your Q is matched at RM5, please inform, I would buy many.

I want to learn : cost of crude oil is $75-80/barrel ? Why ?

Hope someone can generously enlighten me.

Q: Years ago, crude oil was around usd40/barrel, yet Petronas made tonne of money for Mahathir’s government to development the country. What was the cost/barrel then ? Since when the cost escalates up to $75-80/barrel ? And why ?

In industry arena, products cost are contained or increased moderately along the years thru many initiatives on cost control. As of why cost of crude oil increases so significantly to the magnitude of >100% ? TQ

Hi Stock : I cannot agree more with your criteria in investment.

Nevertheless, although I have heavy vested interest in Padini, I would chose to fairly voice out my opinion that our beloved Padini does not score very high mark on these set of criteria. Certainly, this is a very personal centric type of judgment and judgment of each one would be in wide variety.

There is no advantage for me to involve into the hot argument. However i beg for yr pardon allowing me to "buzy body". Base on my experience, buying into Bonia now with your rationale such as "Director's support" and "not terrible free fall along with Index" is a act of Risk > Return. In fact I think "Mr Walau2u" has pointed out very insightful points for consideration. I agree and like his comments.

Personally I would not buy Bonia now even at 0.75. Nevertheless in share market, anything can happen, and Bonia may rebounce soon to 1+, and you maybe bag home with 20+% profit in weeks. This is the beauty charm of the market. But some money is not for me to earn if I want to survive in the market for long term. Good luck.

Cross my heart to say that the small flag is not from me. I appreciate your comments. Thks.

My majority is referred to 72.9%.

Thks for your great advices. I opine that there is no right or wrong, it is all about your own choice.

p/s: I embrace the attitude of "hundred flowers blossom together". Each one is free to express their choice especially the proven choice of majority. Voice of Minority can possibly be more "right" than the majority in some case, but this should not cost your good manner. Do you agree?

We cannot strike every time. Some time we win sometime we lose. This is life and also this is investing. Do you agree?

many properties counters dropped significantly along with the correction of KLCI. But why not our beloved tortoise Mahsing? There must be a good reason behind it, isn't it?
Those who like to critic the sleeping tortoise movement of Mahsing, why don't you critic for its slow drop as well?


In fact, I have prepared fund waiting for its big drop along with the Index so that I can buy more to take double advantages on the panic selling and the discount from the upcoming Right issue. Unfortunately, it dropped like tortoise. Will it catch up the significant "Drop" in the next few days?

Good psychology in investing.

If you fly on Monday to Bkk and back to M'sia on Friday, you will surprise to see many biz persons and technical talents in the same fly, contributing themselves to the growth of economy of Thailand.

We are very very generous nation. In south we help S'pore in building their nation; in north we help Thailand in building their nation.

In west, do we help Indonesia building the country? I have only five technical friends working in Jakarta and Medan. The data is too small for me to comment. Do you have more data?

You are right, Mr Tan did express his thanks to small shareholders for supporting him and his team as well as for the fee.

For sure I respect your choice and cheer for your courage.

Hopefully your choice is respected.

老陳雖然保不住東姑，不过还是得到72.96%的支持，可说是雖败犹榮。
你可反对老陳，不过72.96%的意愿也该得到应有的尊重吧！

My calculation is slightly different fr yours. Here it is for your comment.

If div is paid qtrly, it would be adjusted down to much lower than 5 cents/qtr.

If eps is 40 cents now, it would be 20 cents after 1;1 bonus issue. If div pay out is 60%, then yearly div would be 12 cents=3 cents/qtr.
After bonus issue, the estimated yield would be 0.12/2.3=5.3% the best.

If earning increases next year, case would be different.

I am a bit disappointed too on the absence of special dividend although the 2.5x4=10 is attractive already. Hmm, the earning needs to keep up to safeguard the 10 cents.

12.5/900=1.4% dividend yield.

九霄龙吟惊天变,风云聚会浅水游

以少欺多。我很赞成李文龙的看法。

Crude not cruel.

Thks keanpoh.
Yes!!! FV at RM 2.90 by credit Suisse. Nevertheless, I will not sell at 2.90 as long as its biz performance keeps the same momentum.

Hi lching : no, I am not going to buy JTiasa nor Taan but on the other hand I am studying utdplt which gives pretty attractive and consistent div yield. With the hammered down cruel oil, I think the already at its low range cpo is facing even higher pressure. If the situation is worsen with bear mkt, I will very likely take opportunity on utdplt. Do you have insights on utdplt?

Anyway, congratulation for the 5.4%, which is very attractive and maybe is one of the highest among plantation counters.