chinesetea

chinesetea | Joined since 2013-08-14

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General

2014-03-04 20:18 | Report Abuse

http://www.reuters.com/article/2014/03/04/us-ukraine-crisis-idUSBREA1Q1E820140304

Russian is quite clever. They probably learn a lot by shorting the market before they send army. Then do the other way round.

asam, I know warrant is always rise faster than the mother but it's also drop faster especially there is uncertainty.
My risk appetite is not that great. Although uncleT look after for me most of time but if it is a falling knife, no one can save it.

MKH is very strong indeed, I am still keeping it tight. Look for IDR change, may be it will turn around the forex lost.

Stock

2014-03-04 20:00 | Report Abuse

Track the future of cocoa, the same trend will happen when market expect el nino.
Disaster for many countries and affect the commodity price. Palm oil will be turned into $$$ and be MKH will sure get the benefit.

I am more interested to see Rupiah is strengthening. This will may turn the recent forex lost into something positive

http://research.cimb.com/index.php?ch=5036&pg=5095&ac=64645&bb=file

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2014-03-04 19:37 | Report Abuse

If you want good Pe stock, I suggest latitud and matrix. I own both of them but it cannot rise as fast as Dsonic.

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2014-03-04 19:28 | Report Abuse

That doesn't mean it will reach it or even exceed it. The point is that it is not expensive in comparison to peers.

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2014-03-04 19:20 | Report Abuse

A buy call in nanyang http://www.nanyang.com/node/603691?tid=709
Current PE roughly 30 will be further improved in 2015 but still a lot cheaper than 42.39 of MYEG and 34.94 of IRIS

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2014-03-04 19:05 | Report Abuse

btw, director bought at 3.7. Obviously, they think it is still cheap.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1556737

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2014-03-04 18:52 | Report Abuse

Bye, bye, pang, see you at rm20 :-)

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2014-03-04 18:00 | Report Abuse

Another example is iris
http://klse.i3investor.com/servlets/stk/0010.jsp that match the pattern almost exactly.

The only difference is DSONIC does not match up the KLCI trend at the end of the spike. So what do you think will happen tomorrow?

General

2014-03-04 17:19 | Report Abuse

I bought coastal too and top up Dsonic. See my latest post in dsonic and I think that is one possibility.
But be aware when the situation is getting better, foreign fund will retrieve. USD/MYR rate is one good indicator.

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2014-03-04 17:16 | Report Abuse

Guys, it's not as simple as you think what has happened today. First look at the dsonic chart today and compare it with the KLCI chart on your right. What do you see.
Then look at the MYR/USD chart today
http://www.xe.com/currencycharts/?from=MYR&to=USD and show similar pattern

The ringgit has strengthen against USD. This may signify a major shift of foreign fund to KLCI possible to reduce the risk in Western market.

Whatever happened or will happen, we know DSONIC is always a solid counter. If there is a war, I can't find any better counter to shelter from.

After the fantastic result is out and the bonus shares, the next thing to look upon is the new contracts that will boost the price above RM4 easily. Based on the expenditure they made on building new assembly plant in recent report, I have high confidence that the contract is in the bag.

Now it's your choice to keep or sell the golden goose or ride with the trend.
Kekeke :-)

General

2014-03-04 15:49 | Report Abuse

More foreign fund coming :-). Took some position already but be careful still. Like invest says here may be safe haven.

General

2014-03-03 19:32 | Report Abuse

Invest1818, Yes, Latitude keep tight. My lowest price point was 1.8 and add more recently. UncleT is sleeping. I will ask him. My take is if Ukraine is at war, it's a war between US, UK, EU and Russian. So no stock market can be spared. So better not to enter the market easily until the situation is clear. We may miss the first day of uptrend but still able to catch up the second day.


Asam, inari definitely top of my shopping list.

I have not got any big cap stock. The only one that is big that I am looking for is takaful that always come back stronger after major correction.

zoomboom, good that you have worked it out. It's the timing that make the result looks better.

For DSONIC, have you guys noticed there is a big expenditure of PPE that eat up the profit. Hope this is a one off (plant purchase). Without this one off, that will add at least 60m to the earning.

General

2014-03-03 16:39 | Report Abuse

I sold some stock last week some to save some bullet and now waiting for opportunity. Some of them I leave it knowing that they will bounce back later.
Latitude, wait and see. It's fundamentally strong but always get thrown first when there is bad news.
Presbhd is good shelter as it's business not related to war. Grab some bargain of Cbip when it drop further. Ock, even better as it hardly move. Look for those low volume stock and it will drop less.

Need to wait and see for Ukraine development. Can't believe my luck to get this opportunity again after Syria. This is better than uma :-)
Ok, need to prepare my shopping list, yahoooo

I only pity those that play contra and those borrow money to buy share and cannot held.
Remember. When people fear and sell you buy.

General

2014-03-02 07:27 | Report Abuse

Asam, when times come I may buy some brahim at discount, it is mixing sweets (dividend) with bitter pills(pp), quite clever play, your target rm2 is quite low tough :-)
Zoom boom, can't tell you in detail here, but what I can say is it will push the price further. When you have figured out, don't post it :-)

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2014-03-02 00:25 | Report Abuse

Just kidding lah. It will not kena uma as the price is supported by good result. Angkat Kaki or tangan for those think that the price hike is unusual on Monday?

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2014-03-01 23:46 | Report Abuse

Let the uma come please. Who set the rule that uma will appear when price is over target ? There are many counter that are more than the target.

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2014-03-01 23:41 | Report Abuse

Goto page 4 and read properly where they have spent the money from the borrowing. They have build an assembly plant to reduce cost. No one buy property with cash these days.http://klse.i3investor.com/blogs/sharethenews/41147.jsp
No matter how you bash the counter, you can't stop it. Just join it as soon as possible if you have missed the train.

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2014-03-01 23:25 | Report Abuse

Same applies to all counter. There is always a risk. So only buy with what your have knowing that even trapped you can leave it for sometime and don't play contra.
You can be trapped by a sudden drop but also a possibly of trapped in the uptrend wave. Everyone must judge themselves when to get on/off.

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2014-03-01 23:18 | Report Abuse

Btw, apart from unclez, we have to thank Pavilion to keep us in hope when there are many basher.
His analysis are mostly spot on. Thanks Pavilion and keep contributing!

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2014-03-01 23:15 | Report Abuse

Just study those directors behind this counter and you will understand why this counter is so strong. Changing the financial year end is a stroke of genius. I will not give you the answer and let you to ponder :-). Enjoy the ride!!! Kekeke.

General

2014-03-01 19:41 | Report Abuse

Hi Michael, welcome. Can you share your view as well. Here is my opinion.
Buying coastal is like buying a horse after it win the race. Coastal has bagged a number of contracts and normally payment has to be made first before the contract is fulfilled. So there is no bad debt and uncertainty of earnings like zhulian that can be affected by political and economy issues. Having said that, coastal nature business is cyclical and it is in the uptrend at the moment and it will be down turn in the future. The down turn is gradual so you can get out earlier without a sudden lost.

Why I think coastal is a good buy? Not only there are number of contracts in the book, they have ventual into the jag up rig business that can land them about 15m profit a year. Between now and 2015 it is quite likely they will have more contract. The share is less liquid at the moment means it can go up higher rapidly or vice versa.
The price has dropped a bit because it will dilute the shares after private placement. The price drop is out of proportion due to the recent bad sentiment. Anyhow, I think this is the best way to fund the operation in comparison to loan or those company that issue warrant or new shares every now and then.

Let's do some back of envelope calculation. Assuming the eps in fy2015 is 50 , a slight reduction from the research house target of 53. Then we apply 20% maximum discount for the dilution and end up with 40 Eps. Then using Pe of 13 in 2014. So the target is roughly 5.20. This is the most conservative calculation. If there is any contract in between, then it can be easily near rm6. The risk is no more contract, operation risk and etc. Do some reading yourself on the report by other research house and decide yourself.

Bear in mind that I purchased coastal at rm3 few months ago and have topped up recently and will top up more when people panic selling.

B/s at your own risk. Kekekiki.

General

2014-03-01 05:18 | Report Abuse

Good choice. Cbip is really the most stable stock that you will not lose sleep and no need to keep monitoring. Lpi also good for dividend. Takaful is also good if you can get a good price. Keep monitoring these stock and grab them when there is crash in market. They always bounce back again. Maybank and Digi are  very stable with good dividend but never move up ;-) but a must buy when market crash heavily because the support of epf.

General

2014-03-01 02:53 | Report Abuse

Haha, asam, I love your description. We are more like the discussion at mamak shop.
You forgot to add that I am the Nigeria base fund manager, although someone really think I am unclez (lol). Just beyond my understanding. May be have the same uk style writing. I need to put more lililalah or Kekekiki in buy,buy,buy and tomorrow limit up kind of sentence so that no body is confused.
Btw, unclez now has become a legendary person thanks to us that quote his blog like bible verse :-) every few days
The influence is unbelievable.

Stock

2014-02-28 23:35 | Report Abuse

Better is also a very week word as well but apply it on DSONIC will be different.

It's quite fascinating to read comments like this in Star recent news, 'Its financial results released on Friday, it said revenue rose at a SLOWER pace of 73%'

73% is a slow pace for DSONIC but for many company, they never dream off such improvement !!

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2014-02-28 22:58 | Report Abuse

This is a good reminder as well from unclez
http://unclezmalaysia.blogspot.co.uk/2013/12/datasonic-unparalleled-stock.html

UncleZ is not a one song winner. There are other stock recommended by unclez, like OCK, presbhd, scable and ecoworld. Take note.

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2014-02-28 22:33 | Report Abuse

Pavillion, we already talk about this a long time ago before split, and people thought we were joking. We even have a secret code for it, 135532. Yat sang 5, 5 sang 2. Means one split five and then 2. If you own one share then you can have 10. We also predicted the price will shoot before report is out.

Although I like the price to be hike and don't want to spoil the party, I want to help those new comers. Please don't think you got 100% profit the next day after getting bonus. So let say you have bonus today at price RM4, the price is adjusted to RM2 each. I don't want you to realise this later and panic selling. But it is still a good buy for long term because for most cases including DSONIC, KOSSAN case, it really headed to 100% or even more after bonus issue (but with some time) because the mindset of people thinking it is cheaper and more fund are buying because of the liquidity (more volume like penny stock).

Again, please don't play contra and lose your pants. Buy it with what you have and keep it for long term while you are still young. Otherwise, when the price drop a bit later, you will be panic and sell it to big fund. Bewise.

Advice from UncleTea :-)

General

2014-02-28 22:09 | Report Abuse

asam, nothing wrong with Brahim, I just need some bullet. All our pick are good but I need to wait for the next UMA :-) and also leave some for UncleT to buy some bargain. Please post here if you have any.

A lot of people just throw away good stock even after report where it is good or bad(One of them is OCK).
I am eyeing on coastal, just wait for right time.

Also prepare for the next drop in the next tapering meeting. It normally happen few days before.

My jargon : When people sell you buy with DSONIC is exception for the time being :-)

Have a nice weekend

General

2014-02-28 19:53 | Report Abuse

Thanks for reminder, asam. I don't have brahims anymore.
Perhaps PP can be another tool like UMA. Buy after the price drop immediately after PP, and become PPMian :-)

Now the tough question for you guys is whether you will collect more DSONIC. What's your take?
I will definitely look for any pull back in next few weeks when the news die down and people loose hope in between the real announcement. Once those basher coming up in the forum, then it's a sign to buy, there are very useful tool to me :-).

General

2014-02-28 19:10 | Report Abuse

I did. If you want to buy, need patient to wait for good price if you have spare money and no need to hurry.

If you want fast train, DSONIC :-)

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2014-02-28 19:08 | Report Abuse

mrlim, have you heard 'pick bones from an golden egg' :-) Look at yearly result compare 2012, where can you find such performance?

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2014-02-28 19:00 | Report Abuse

:-) I didn't expect them to announce the bonus so fast after my comment.
Golden goose lay egg again.

For retail investor, you are always playing the catching up game. Some fund manager already had the news earlier including some remisier. So you cannot time the market, so do not buy/sell all the time, you will miss the train.

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2014-02-28 18:33 | Report Abuse

Handrianov Putra Bin Abu Hanifah has been selling
to Dato’ Abu Hanifah Bin Noordin for last few weeks. Nothing to worry about and let's enjoy the fantastic result that has beaten the expectation by nearly 1m.

Also good dividend. 2 sen per share is equivalent to 10 sen before split. Last time it was given 0.075.

zoomboom. RM3 is before split :-)

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2014-02-28 17:45 | Report Abuse

It's a good news for those who has hold this share since RM3 and topping up at each stage. Since RM3,

One may ask why the counter keep going up. Is it because it is goreng?
When we bought below 10, the stock was deeply undervalue. At current price it is just catching up with his earning potential.

If you want to find out how much more it can go up, you have to study some of PE of similar company like MYEG and IRIS. Both of them are traded at extremely high PE and yet people still buy for it.

For DSONIC, it is still the best investment before the price reach to the high level of peers. When to sell? it's still a long long way to go. Don't be tempted to kill your golden goose.

I am not going to repeat how much people earn since IPO, and you can do you own sums, If you have stayed calm, avoid profit taking and ignore those noise when there is correction, you must have earned a fortune. The price is approaching to price where DSONIC first announced the split to make it more affordable. Will they do it again, I leave you to ponder?

Good luck and stay invested.
Today price is closed at record high RM3.6 and reached historical high at RM3.61

General

2014-02-28 17:15 | Report Abuse

Siva, let's look at the MKH chart again. Remember we study the resistant and support, now you can see it hit the support today and bounce back.
http://klse.i3investor.com/servlets/stk/chart/6114.jsp

Theoretically, it should trade side way or bounce back from here depends on the confirmation in next day or two. Let's monitor this and we can learn from the characteristic of this stock. Hopefully we will get more experience to know when to buy and when to sell.

General

2014-02-28 16:17 | Report Abuse

Hope you have bought some bargain this morning. There is something in mkh. Remember the floatation story? It is good to keep this. Pity those who sold at bottom.
Btw, old flames still hot and even hotter.
Unclez will write again soon :-)

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2014-02-28 07:35 | Report Abuse

The result today is disappointed for some due to our high expectation.
A lot of people buy this counter because of the target 5.40 set by hwangdbs in January.
However, I bet most of these buyers are just following the crowd without reading the details.
First of all, the target is a 12 month target. A lot of people expect the price to be appreciated in few weeks time. In fact we are lucky that the price has increased from 2.90 to 4.15 barely a month.

One may wonder why the revenue in 2013 is much higher than 2012 and the profit does not seems reflect the same story.
If you bother to read the statement, in 2013 the company has pay out a hefty dividend for twice. One may not notice that a large amount of money 66m has been used for additional to land held for property development. You can check the segment asset has increased significantly. This of course will turn into profit in due course.

Everyone is asking the same question about the foreign exchange loss. This is due the loan borrow in USD and the company has to pay back using rupiah that has been weakening in recent months. If we are concern about this, so do the management. If you read in between the line of annual report or read the recent news, you will find that the solution is there. The answer is to fund the purchase of land and repayment of loan by floating the plantation segment of the company. That is the main reason why the price has shoot up recent weeks.
With the recent two quarter lost, this may become a reality sooner than we though. For those that speculate the stock, you can sell if you cannot wait that long.

For investor, we know there is a brighter future. Do not forget, the plantation revenue is almost double and the tree are still young. The increase of cpo price hike will also be another reason to stay invested.

When people sell in panic, you buy at bargain. Stay invested and good luck,

General

2014-02-27 23:39 | Report Abuse

Thanks asam for your advice.
For MKH, it is slightly disappointing but I am not too concern for longer term. I more or less agree with invest1818.
I was wondering where the bulk of the revenue gone and then spotted this 66,802. Looks like they have acquired lots of land.
Positive side
1. The cash has improved a lot.
2. Plantation revenue has improved a lot from last year. I think we need to wait until the tree can produce more FFB and the CPO price increase factor in before we see the profit from plantation in a year time. Lost are due to foreign exchange lost of 19.9m. The loss is unrealised. Look at the USD/IDR and it seems it will be turned around. (Latitud is the other way round as they receive USD and make some gain)
3. There is 513.9m unbilled sales.

So my conclusion is to hold for long term. They will be some people selling tomorrow by the disappointing figures without looking at the details. If I have spare cash, I will wait and buy at bottom at bargain.

I suggest to wait for the good news of floatation and park it for another two quarters. I believe the drop from 4.15 to 3.8 recently already factor in as normally there is insider news ahead of the result.

Remember when people sell you buy and when people buy at high you sell. Do we have the gut to stick to this? It's your choice.

As mentioned earlier, some foreign fund is retrieving and has caused fall of penny stock.I have sold some stock and also will sell some of my penny stock to buy some big cap stock.

General

2014-02-27 18:25 | Report Abuse

Wow, Karex is flying today and also Puncak finally after waiting for 6 months.
I bought it at 2.85 but sold some. This is really a lesson for patience.

Coastal is spoilt by the Private Placement (Thanks to Chrollo reminder) and I am waiting for the news to be digested and then will dive in. Yinson had the same problem and then shoot up. Another lesson we learn here is chart doesn't tell you to story/news.

Most uncle, auntie stock are down these few days, except our belove Dsonic.

OCK like diarrhoea and nearly hit the support and may be an opportunity too.

PRESBHD also drop a bit. Lesson can be learnt that don't chase high immediately after announcement as there is always profit taking after news. Wait for correction and then buy it. When the day it truly announce the ex date of bonus, it will be up again but it is a long way from here. I will keep it until


I am waiting for bounce back from any counter and prepare to jump in with my remaining bullet.

Btw, the guy that update the i3 news headline also not working. He might have lose his pants :-)

Just to remind ourselves what UncleZ says, don't kill the golden goose (dsonic). If you see some good stock, make sure you don't sell dsonic to buy it. You will be regret. I have sold some before and deeply regret and luckily took the chance to top up after UMA.

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2014-02-27 06:35 | Report Abuse

100unit too little loh. I can foresee the monk are smiling using your money to build an ecoTemple.
Anyway, I am sure you will not regret. Sometimes you need to be brave to be successful but please make sure you don't put all your money or else kek lol Shi will need to check you in when it is not diamond, hahah

News & Blogs

2014-02-27 05:25 | Report Abuse

I wish I had met you when I was 18 in Ipoh. I had excellent result for all subjects but didn't get a credit in Malay.
I won few scholarships offered by uk to study degree, master and PhD. Now I am working at one of the top investment banks and manage a team here and happy to pay high tax rate.
Why should I come back and let my children to stay if the government was unfair to me and policies remain the same?

I salute you to do the great work for the country. Maybe I will come back when everyone is treated the same.
Will the opposition change this after they win? We shall see.

Thanks.

General

2014-02-26 23:10 | Report Abuse

pjdev-w, a quick look and it it is roughly 61.8% of fibonnaci retracement

http://www.investopedia.com/terms/f/fibonacciretracement.asp

There are many good stock options when correction. So instead of chasing high, pick some bargain as I mentioned earlier.

General

2014-02-26 22:27 | Report Abuse

In fact you can examine the matrix chart for all year and you will see similar pattern that breaks out after 3 times twice

General

2014-02-26 22:24 | Report Abuse

Another chart you may look at is matrix, it has already hit the resistance 3 times. Remember what it says in the site, the more time it hit the resistance, the closer it will break out.

Watch it closely and it may break out the next time when the trend is reversed.

General

2014-02-26 22:17 | Report Abuse

Siva68, rm 4 was previous support. Now check the last two chart in the site, and you compare with coastal chart. You can combine all those white candle in one large wide range candle. Now it's halfway back and it can go up trend from here.
If it good back to previous resistance 4.6 then it will become the next support.

You don't need to buy/sell but use it as a study for you to spot the trend next time.
You can find a few more stock and to simulate and verify your study and you will learn without paying.

Chrollo is also good at charts and he may give you some idea as well.

Btw, I am still learning, as no one can predict correctly, otherwise we all are rich now.

General

2014-02-26 22:03 | Report Abuse

Chrollo, thanks, saw the announcement. How was that affect your sumatec price last time, just like to know?

General

2014-02-26 21:59 | Report Abuse

Chrollo, what's PP? I may be too old for this jargon:-). Private Placement?

General

2014-02-26 21:56 | Report Abuse

Now I hope you understand the support part.
Now check MKH chart, it's about to touch the support in next two days and what do you think will happen next? If there is a white candle, then it may confirm the uptrend again.

These is only a guide but things sometimes can happen differently.
Again B/S at your own risk.

General

2014-02-26 21:49 | Report Abuse

ok, good, now compare coastal chart with the third chart in the site and what do you see (for record here 26/02/2014) ?
http://klse.i3investor.com/servlets/stk/chart/5071.jsp

Good luck,

B/S at your own risk

Stock

2014-02-26 20:17 | Report Abuse

You invest in share without speculating ? You'd better buy bonds. If you buy something that has proven record, most likely the price has already factored in like blue chip counters or sp setia.

Do you expect the earning to be fantastic after few months of taking over? If yes, you are being unrealistic.

If you want to know how much the price will be when ecoworld match sp setia revenue, then you need to use earning per share then apply sensible PE to work out the price
Since the number of shares of ecoworld is significantly lower, price will be much much higher.

Buy the share and keep it for 3 years and you will see whether is a diamond or paper.
Work out the value of land they own and the GDV value and find out whether it worth the price.
You are also buying a company with most talented people from setia.
For company with massive landbank but with kangkung management, it's a waste of space.

Don't be fooled by new joiners that shout without substance.

Let them shout while we enjoy the handsome profit in the coming years.

General

2014-02-26 19:44 | Report Abuse

Siva68, I can't give you a price, you need to decide yourself.
It is in correction mode due to selling of foreign fund for last few days due to poor data from China but I expect it will be bounced back further as the profit is good and massive contracts the win recently that will drive the earning in the coming years.
You have a better chance than Hevea.
Here is a good site to lean about the resistant and support
http://www.swing-trade-stocks.com/support-and-resistance.html

Sometimes, you need to throw away the chart because news is more important than the trend. You will find most counter suddenly up because of news and then the trend follow.
If there is no news flow then it will follow the wave pattern.

Btw, this is one of the strong recommendation stock from UncleT

I may be wrong or else I will not be here :-)