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2014-03-17 17:26 | Report Abuse
peiyee, have you fired your reminder that asked you to sell mkh :-)
2014-03-17 17:13 | Report Abuse
1n1792, you have just missed the best weather yesterday. I would stay sideline for today depends on U.S. response to crimea win.
There are lot more counter you can collect, I would suggest Takaful if it drop further.
Only collect those that has dropped for last week and next two days.
Cbip can wait as cpo price may drop a bit and wait for the correction.
2014-03-17 16:52 | Report Abuse
They are not selling to joe blogg. So I am not too worried. Will keep it for at least one year.
2014-03-17 16:25 | Report Abuse
Yes yes. Rm5 is reached. So much better here, no basher, no speculators. Just rise gradually.
2014-03-14 23:27 | Report Abuse
New target from hwangdbs
Coastal Contracts; Buy; RM4.79
Price target:RM6.20 (Prev RM5.35);
COCO MK Steadily evolving Gas compression contract to lift profit by 10-18%. Jack-up drilling rig chartering contract and OSV orders will also drive earnings growth. Maintain BUY with higher RM6.20 TP
2014-03-14 20:52 | Report Abuse
Lol, tew, people said I have nothing to say. Now say too much. Yawsome , yawn :-)
optimus, see you say run everywhere, you are athletes? or eat too much abalone and need some exercise,
hahaha
2014-03-14 20:15 | Report Abuse
Having said that, future is future. Everything can happen. So don't put all your eggs in one basket.
2014-03-14 20:11 | Report Abuse
matrix6050,
Listen to kukuman, he eat salt more than we eat rice.
Sometimes PE does not tell you the full story. It only tell you the past earning in relation to a price.
http://www.marketintelligencecenter.com/articles/332886
Just give you an example, if a small unknown tech company that earn 10m a year with share price RM1, suddenly a big company eg. google, apple decide to buy the company to invest on it. Do you think the price will stay at RM1? Let's say it is increased to RM5, a 500%. Will you think it is expensive?
I won't because I know google has good reputation and they are going to utilise the company and invest on them. Their future earning will definitely better.
They are plenty of example like this. Another one is shazam that was promoted by Apple.
Now apply this to a small an unknown company like focal (sorry to say that) and being bought by all a company Ecoworld who runs by the big guns from Setia (a giant in property sector). Now all the focal property is branded as EcoXXX. Do you think their property will be sold better?
Ecoworld has purchased lots of valuable lands including the land in penang and don't forget the batu kawan.
I have posted some back of envelop calculations before. The current price is definitely good.
2014-03-14 19:41 | Report Abuse
Remember what happened last week when news about Russian army move to Ukraine and suddenly DSONIC price dropped?
After the retreat of Russian camp, It then shoot all the way to 3.9 until some major fund control the price.
After the split, DSONIC has been bought up by major funds (including foreign) because of the improved liquidity. It is a good news but at the same time it also be more sensitive to news around the world. That is why in recent weeks, you can always see a reflection of DSONIC chart with KLCI chart. It has become like a blue chip due to the capital size and volume. It has also attracted a lot more punters that want to earn quick bucks. These kind of punters will be more likely to buy or sell in panic and therefore making the price more volatile. Currently, after the split, the free float is still low and hence the price movement can be quick. After the 1-to-1 bonus, you will see the price be stabilised.
What I think is the price of DSONIC has appreciated too quickly in recent run and hardly any correction except the UMA,news about war and control of price by fund. To me, though it sounds weird, the price drop is a good thing as the share price should reflect the earning potential. It also shake out the weak contra players. If the price is running ahead too much, it will become a bubble that burst and no body wins. Let it rise steadily with more earnings and contracts.
Since IPO, I can see the company has utilised the fund to improve facility to cut cost. I am sure they have more planning and contracts ahead that we don't know. If directors keep buying, then it shows their confidence.
Don' for get apart from IC, passport they also produce Credit/debit card, CCTV, software and architecture design. Don't forget passport will be expired and IC will need to be renewed if there is any enhancement in technology. These changes can come at any time especially after the security problem we see in recent news about stolen passport are used.
I bet most people don't even bother to read what they do.
http://datasonic.com.my/about-datasonic/our-portfolio.html
As most of us has earned a massive gain from DSONIC, it will definitely attract criticism and bashing from sour grape that missed the boat. It's still a very young company and has the quality of strong backings, and given time, it will become a major player. Keep calm, close the monitor and we are not like trader that have upper hand news. Buy/Sell every few days will only keep your remindser happy.
Good Luck and enjoy the cheap sale.
2014-03-14 19:06 | Report Abuse
wow, close green amongst all red.
See article below. Although MKH is not mentioned, all MKH trees are young.
http://www.theedgemalaysia.com/highlights/280346-highlight-planters-with-young-palms-to-win-big.html
2014-03-14 16:38 | Report Abuse
asamlaksa, thanks for sharing BONIA. Already cheong loh after your comment while I was still sleeping :-).
CAGR 35% pretty impressive. Already reach the target PEx10 FY15 liao.
Just my 25cent :-)
2014-03-14 16:21 | Report Abuse
Basher is out in Dsonic. So be prepared to collect cheap :-)
2014-03-14 15:56 | Report Abuse
Wow, double sales coming. War and tapering. Cheap cheap. Russian go camping again. Lol
2014-03-13 23:27 | Report Abuse
I wouldn't touch any aviation counter for the time being. Just my two cents. It can turn sour if KLIA and MAS business drop significantly. It may be reflected few months later. However, brahim customer is quite diversify. Even though business is good, people always react to news out of proportions. Just my two cents. If it drop a little bit further, then may be a bargain. Support is roughly at 2.50, worst case can be 2.4ish
2014-03-13 21:49 | Report Abuse
Just a reminder tapering meeting will be 18/3/14 & 19/3/14. Foreign fund like to pull out few days before the meeting. Prepare some bullet to buy at sale price.
2014-03-13 21:25 | Report Abuse
So have you put all your money in?
Any sharing why it is good? I am very ignorance and for knowing nothing about it despite everyone know about it.
There are plenty more good stock but it is about buying at the right time
2014-03-13 21:09 | Report Abuse
Congratulations brother asam. Heard from uncleT dayang is good but I am running out of bullet.
Also waiting for the Takaful sale. This thing up down 50cents every few days can be really profitable if buy at right time.
HLCap, really strong bull but I really cannot withstand the daily up down rm1 excitement.
Inari must be going to main board within weeks. It can easily breach 2.50
I have followed this closely.
I know inari can up down quickly. But recent days raily is really strong and I am holding tight. Those who sell will regret this time.
The Cbip is also getting stronger after breaching rm4
Wish I have more fund to top up.
2014-03-13 20:30 | Report Abuse
Sure good lah. As far as i know, It doesn't add to the earning short term but will allow more property development in future that will improve profit. You need patience and don't expect the price rise immediately. It tells you the company is seriously expanding and diversifying their property division.
2014-03-13 19:45 | Report Abuse
Agree with asamlaksa. I have full confidence with this share but need patience.
No need to come and promote the share everyday. Let Liew do the talking after he finish his job.
It's only those people wish for 5% increase everyday will be disappointed and sell their shares. As unclez said recently, when you see all other stocks are rising daily and you will start having doubt on your wisdom of choosing/keeping your stock. There is fluctuation of Ecoworld price but I think it is quite stable.
As an investor, if I can made more than 10% a year, that's good enough for me. So far the shares has been consistently uptrend.
At the moment it is a bit quiet because there is no extra news that will push the price further. Don't you think that is normal? As far as I know, they are preparing to get more lands and the existing land they have purchased will keep them busy for years. Good seed has been planted we just need to wait for big tree to grow up and enjoy the fruit with patience
If the price continue up without any more fundamental changes, then I will exit and take profit as I know the stock is being goreng.
If you want more excitement, go and play penny stock, ecoworld is not for you.
2014-03-13 19:14 | Report Abuse
More acquisition has been announced. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1565913
The director has a very good vision. Don't forget the floatation of the plantation is still on the card. Once this is confirmed, you will be kicking yourself and it's very hard to catch the rising price as insider always know the news first.
Don't sell it to pocket few hundreds. Keep it for at least one year and you will not regret.
2014-03-13 00:50 | Report Abuse
It's hard to see the future and also it's a cyclical stock.
However an average of 22% ROE for the pass 10 years is pretty impressive.
This is a stock I can put money on and don't need to watch everyday. Wake up after 3 years and will see impressive income. This is a beginner version of Yinson.
2014-03-12 23:23 | Report Abuse
Another penny stock I mentioned a while ago is DESTINI. You can investigate.
2014-03-12 19:43 | Report Abuse
Just have a look at top 10 gainer at the counter we mentioned in this forum recently. We definately on the right track.
ASIAFLE 6.98 +0.38
HLCAP 12.20 +0.22
YINSON 9.07 +0.22
MKH 4.27 +0.17
SUIWAH 2.53 +0.13
PESTECH 4.22 +0.12
2014-03-12 19:40 | Report Abuse
Application submitted for bonus. So should hear the news soon.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1564869
2014-03-12 19:25 | Report Abuse
Great news. Assuming they need to raise maximum fund (207.14m) for capital expenditure, the number of shares added will be 271.14m/4.3 = 48172325
So the total shares will be approximately 537,915,915. (At the moment they only raise 48,306,933 as they are going to do it in 6 tranches)
Assuming the earning forecast of FY15 is unchanged at 257m, the EPS will be 257m/537,915,915
roughly 0.48
A merely 9.4% dilution. This is a much better figure than the original calculation that is based on 3.81 and 20% dilution.
So by applying PE 13 for FY15 earning, then FV2015 will be 0.48x13 = RM 6.24.
If they need to raise less fund or if the future price is higher, then the dilution will be reduced further and the target will be higher.
It's a very positive news indeed.
B/S at your own risk.
2014-03-12 18:45 | Report Abuse
Indeed there are some hidden gems in penny stock. OCK, IRIS and Inari are the only one I bought so far. Only problem with majority of penny stock is that they are quite volatile because more people( including old uncle, auntie) buy penny stock as it is cheap. Trader also like these stock as they can earn from the up/down easily.
When things goes a bit wrong, uncle and auntie will sell in panic.
Anyway, please keep posting if you find any undervalue stock.
2014-03-12 18:25 | Report Abuse
Don't like Scable for the moment. Another counter like OCK that you need patient and it may shine next year. You can collect it when it drop further.
It's also like SUIWAH, low volume and people lose faith, the price dropped to 2.3 then you collect when no body want it. Now it's back as top gainer.
For the time being, buying Pestech is a better option if you like such type of company.
2014-03-12 16:24 | Report Abuse
A lot of force selling for those who play on Monday. After shaking them off it will rise. Look at Klci chart on the right. Now should be the best price.
2014-03-12 16:11 | Report Abuse
Cheap sale coming. It is the best time to buy when it is low volume. When it is in uptrend mode, it's very hard to buy any. People who buy above 3.9 should take this opportunity to average down. Just my 2 cents
2014-03-12 16:04 | Report Abuse
Coastal back in action and will break new high soon. Once new high is broken, it will sail all the way above rm5 territory
2014-03-12 15:59 | Report Abuse
This time it will last I believe. Now let it run by itself and go and look for other counter that will give bonus. I am predicting next one will be matrix :-)
2014-03-12 15:56 | Report Abuse
Like this counter very much. Solid performance and less people goreng. It will rise few cents each day silently until the target is met.
Huat ah. Need some ladies to shout Lv,Gucci ah
2014-03-12 00:21 | Report Abuse
Great. That's leaving plenty of time to go up to previously glory before split. I think this is the last time they can issue bonus or split unless earning is significantly improved. So don't miss this last journey. Look at the chart, never see such steep rise before. Hardly any major correction. Let it rise gao gao this time.
Ok mark the following dates when it will rise :-)
1. Application submitted
2. Application received
3. Bonus Date announced
4. One week before Ex
5. Bonus ex.
6. All share holders renew your family member's IC and passport.
7. Fantastic second quarter result
Insert contract renewed announced, more CCTV project win in
between 1 - 6.
What are they going to do with this big cash reserve afterwards?
Other surprise - DSONIC buy another company :-)
Have fun and good luck.
2014-03-11 22:50 | Report Abuse
Woo hoo, my prediction is right again. After presbhd, dsonic, karex, now MKH issue bonus as well!!! Can't believe my luck.
Btw, has anyone looked at Golsta. UMA!! Btw, I have not done any research on this stock. You know I am UMAian. Now may be called Bonusian :-)
2014-03-11 22:48 | Report Abuse
crossmics, check our portfolio
http://klse.i3investor.com/servlets/pfs/26752.jsp
most of them are not blue chip and relatively small cap. We don't like penny stock either as we are looking for long term undervalue stock.
Mainly small cap above RM1.
2014-03-11 21:47 | Report Abuse
uncleZ normally updated something when it breaks new high except DSONIC. As it breaks high every few days :-)
Let's keep an eye whether LTAT will sell tomorrow. If you have followed them, you will make a fortune. They always buy below 0.8 and sell at higher.
Vincent, I am not sure about Instanco. The 2004 budget is quite big and I am sure it will also benefit. I prefer OCK as it young and less people goreng it. It's also uncleZ's favourite. Although I must admit, it's very slow. I have sold some OCK because it is too slow. It may be turn around this time. Let's keep an eye.
2014-03-11 20:13 | Report Abuse
Need to be cautious. Last time when it was breaking the height, it went back down next day and stay there for a while. I have some OCK but already sold some. Only buy when news is confirmed or else you can be stucked for ages. There are plenty of opportunity to buy at 0.8 and bloew
Btw, CBIP has broken RM4 as mentioned few days ago. All plantation stock quite bullish.
2014-03-11 19:46 | Report Abuse
OCK - my 'speculation' is that they may have contract from DIGI. Digi has announced a large expenditure (capex) recently. OCK is one of their supplier.
Again this is my wild speculation. B/S at your own risk
2014-03-11 15:28 | Report Abuse
I am more interested in the reason behind the rise.
2014-03-11 04:18 | Report Abuse
Hi, abudance, I don't have any knowledge of these counter. Chrollo may be more familiar with Sumatec. All I can say is that insas chart is looking good as 20 ma line just cross 50 ma. It is early to middle stage of a bull. I may be wrong. So keep watching yourself.
2014-03-10 22:21 | Report Abuse
Siva, it depends whether it's short term or long term. I think it will hit roughly 2.2-2.25 short term and long term 2.5 and above. RM2 becomes the resistant. I will not sell this time even it retrace, as it is going to main board. If it drops back, I will collect more. Inari earning is very good but be aware there are lots of people sell/buy influenced by news. So it is quite volatile and if you can't stand the roller coaster, better not buy. However the roller coaster becomes smoother recently.
2014-03-10 20:26 | Report Abuse
When research house valuate a company, they usually compare that with competitors. If there are no competitors, then they will compare with similar companies.
For example, Karex is maker. Since there are no competitor, they are using glove stock to compare. In DSONIC case, IRIS and MYEG are used.
So what's the reason of pumping up PE?
For example, when you sell/buy a house, you compare the house in the area. Say some house (MYEG) was selling at RM500k 2 years ago and now selling at 1m. If you bought a house (DSONIC) at the same area with RM250k, will you sell the house at RM250k after two years? Since the house in the area is double, you will apply the similar ratio and sell you house at RM500k. In fact the price should be 1m, but it was undervalued before. Does that mean the price is expensive after increasing for 100%. Without looking at the house in the area, you would think RM500k is expensive. If you look at house in the area that sells for 1m above, then it is still undervalued.
When DSONIC was first set the target, PE roughly 9.5 was used. It was priced at a big discount in comparison to MYEG at the time of writing. If same PE of price was used, the fair price would be RM14. The price of DSONIC was 6.5, if RHB give you a target RM14, what do you think people's response would be. Even the price was set at 10.5, still people said that it was crazy but infact it was deeply undervalued.
Fast forward to recent days, the price of DSONIC is catching up with MYEG but it is still cheap in comparison to competitors. However, one thing has changed since last year is the earning has massively improved in recent four quarters, so the price is justified. Having said that, the future revenue will not be increased as much as last year unless more contract is awarded.
In Sin Jew article, it says the cost is under pressure because of the competitor. As far as I know, it is a monopoly busisness. They have also build a new assembly to manufacture the card themselves that will cut the cost. It's good to be careful in investing but don't over reacting if the fundamental has not changed at all.
2014-03-10 18:27 | Report Abuse
@rchi, yes I am. Welcome to this forum. Hope you can take part more. Thanks for sharing.
2014-03-10 18:01 | Report Abuse
asam, I have topped up inari at RM2 this morning :-). Missed the boat of getting more DSONIC.
Hlcap, good luck on that, I dare not touch this because it's up fast and down fast too and don't want to keep watching but fundamental is good, so it's just me. I suggest to take profit when you have enough, don't be too greedy.
2014-03-10 17:30 | Report Abuse
Short selling is a good instrument for hedging. However if it is used to speculate, it can turn bad.
If some fund short the stock but the price is increasing, then they will need to buy the shares in panic. It's good in the bear market that you can still profit from downturn. You may also hear more bad news about a company in the news, report and more basher. (May be the Sin Jew guy tried to short :-) )
Let's take example this morning, if someone short the stock sell at 3.8 and buy back 3.66, then they will pocket the difference. If they short by selling at 3.8, went to toilet and come back and see it rise above 3.8, he will need to buy back at higher price in panic and lost the difference. So the Sin Jew guy will need to write more bad news or else he will lost his pants.
The settlement date may be different, so it's just for an example.
Don't be caught with trousers off.
Unclez, asamlaksa, tewnama, chinesetea
2014-03-17 17:26 | Report Abuse
asam, BONIA good counter but I don't like fashion counter as it can go out of fashions :-). Your HLCap is in the top gainer chart for last whole week. Amazing.
Fimacorp in top chart and kfima will also likely to follow. This is one of the kcchongnz favourite.
Coastal is flying today.
It will be interesting to see how US response to Crimea win. Personally I don't think they will sanction Russia as it will really cost the economy but these uncertainty really create the best opportunity to get bargain. It can be seen from the DSONIC forum, lots of people are panicking and also not helped by these annoying optimusxx. I am pity for those that don't have holding power. I think last week the market already price in the crimea win. The bottom may be today and then it may bounce back shortly.