I mentioned Coastal contract sometime ago, result has come out beating expectations. Price is closed at 4.45.
Study the profit report and target set by three research house and decide for yourself.

Fantansic result and all target are renewed,

Target Upside
5.44 +0.84 (18.26%) BUY RHB
5.76 +1.16 (25.22%) BUY KENANGA
5.35 +0.75 (16.30%) BUY HWANGDBS

This is the first time that I have heard people use 2qtr to count PE. That is misleading without quoting it.

Anyway, I would be very interested to know how you get the PE 1500 for two quarters.

Look at latest bid of cpo, hitting 2800
http://www.palmoilhq.com/crude-palm-oil-cpo-futures/
Aero if that was the assumptions, what do you think the target will be?

Siva, save some bullet to collect cheap stock.

I apologise for the language used earlier.

To put things right, when we talk about Pe, we use eps for ttm to calculate the Pe

http://www.investopedia.com/terms/p/price-earningsratio.asp
http://klse.i3investor.com/servlets/stk/fin/8206.jsp

if you read any report of target price published by research house,
you`d find that Pe calculation use the same method as above link.
For forward pe, next 12 months forecast eps is used and sometimes fy 15 and above is used.

Anyway pe is high even for ttm for this stock because it was belong to focal. Once the land purchased by ecoworld are injected including the bidding of batu kawan land is successful, you will see the value. Even tambun price has increased a lot because of the Batu kawan land.

It's up to you if you want to sell. For me , I am waiting for good news once liew end his role soon and the earning of all the new property that they have sold like hotcakes recently.

Well said Stockmaster69.

Lol. I suggest you to learn your basic before making yourself a laughing stock if you can't even calculate the PE properly. If you can't, then google is your friend to do it for you.

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=ECOWLD:KLS

Sometimes we cannot judge the quater result by the price. Presbhd price were pushed down before the result out and bonus issue was announced. You can't beat the market unless you have upper hand News.

Look at bigger picture. Most small and medium cap stock are down today even good result are reported such as Matrix.

I will take any correction as the opportunity to buy.
MKH has risen from rm3 to rm4 in two weeks.
I rather it stop and rest and then go further. Target 5.4 is still far away and possibly be re rated soon. No stock can go up forever. Keep it for long term and you will be rewarded handsomely.

Let it drop and I will collect, Haliluya!

Yes. Most counter red except presbhd

Two giant = Two shark :-)
Lesson learn, stay calm if you know the fundamental is good and let the sharks fight with each other.

Two more days to go before we see the report. I expect the profit will be higher this time due to increase of CPO price and strengthening of the Rupiah. Most likely, the target will be re-rated.

Siva68, I don't have the exact answer. What I can give you is my logical thinking. Let's say today I am entering the market and choose between MKH mother and warrant. I will choose MKH mother.
Why? if I buy warrant I need to pay 32sen premium to get the mother price 2.14 + 2.26 is 4.40

while MKH price is 4.08. 4.40 -4.08 = 32 premium.

In common sense warrant + premium should be traded below mother price.

So there are two possibilities here,
Either mother share has got some upside of 32sen at least or warrant will be drop to have a fair price.

Also if there is announcement of bonus issue or dividend, ask yourself will you sell your warrant to get mother and pocket the difference and rip the profit of dividend and bonus share?

I may be wrong and I only provide my thinking.

Target 5.07 and 5.11 by Rhb and Cimb. Bargain at current price!!

Chrollo, a recent target for irishttp://klse.i3investor.com/files/my/ptres/res21290.pdf

Thanks for sharing Ahman, figure does look attractive, it may good for short term and lee Cheng hui normally spot on in ta analysis, however can this be sustain as the profit is because of one of disposal?

Chrollo, please look at my post previously. I already bought iris after uncleT suggested big fund are collecting before 0.5. As I have said before I don't normally play penny stock. I only play penny stock when I think it plan 0r potentially may go-to main board like inari and Ock.
I like iris because the business is like Dsonic. It made MyKad before Dsonic but it has recently create some very good machine to make the card.
Although it lost the contract to Dsonic but it can potentially win the contract for doing biometric passport. Also iris has been making Id card for other countries
http://www.iris.com.my/Trusted_ID/projects.html
and they also start getting into business of building cheap houses.
At current price the Pe is quite high so it's not everyone's cup of tea. My position is small.

Remember the recent blog? This is some of the extra counter other than the good fundamentals one that I may get involved.

Buy/sell at your own risk.

I am confident the coming quarter result may be even better because of the reduction of latex price. Rhb assume 550 Sen per kg when they published the target. The price has dropped to between 460-480 and this will further help the already excellent profit margin. Wait for Rhb to upgrade the target!
Stay invested for long term!!

Dean1213 in summary, it will not change the value when you first get the bonus. However it is quite likely for the share price to increase massively after that,
You can examine the price of Kossan that give the share bonus few months ago and then the price of it keep increasing and may return to the original share price again.
Another example is DSONIC that gives share bonus last year and then split after that. Of course, not every company will have the same outcome and some are just use the bonus share to hide their problem. With Karex, it's definitely follow the Kossan's foot step and may one day split like DSONIC, who knows.

After issuing the bonus or the share is spitted, the price will be adjusted. This makes the share looks a bit cheaper and hence more people will buy. It also increase the liquidity of the share and will attract big funds.

So it is recommended to buy and keep it for long term, but don't chase high. Monday will definitely shoot up but don't expect it to rise like no tomorrow. If it is too high, wait for correction before you buy.

Buy and Sell at your own risk and don't play contra.

Dean1213, Yes, You can buy 1 lot and get half lot as well
No, read this http://www.sharemarketschool.com/how-is-a-bonus-issue-different-from-a-stock-split/

Dean1213, yes, you will as long as you buy before the ex date that has not been announced yet. It will probably few weeks from now.

It is expected cagr for condom is growing at 8.39
http://newsbox.com/release/33712/
Good for keeping it long term.

From this
http://my.news.yahoo.com/karex-catat-keuntungan-sebelum-cukai-rm14-94-juta-130513048--finance.html we can find out first quarter result is 12.43m before tax.

http://my.news.yahoo.com/karex-catat-keuntungan-sebelum-cukai-rm14-94-juta-130513048--finance.html

To simplify the calculation since we do not have the full picture of first quarter result. Let us assume the next two quarter that there are no growth and ignoring last quarter lost because of accounting cut off, we can multiply the earning by 4 and get eps 0.167
That has slight beat the forecast of rhb of June 2014.

Given the price is 4.31 the pe will be 26 and it is more expensive than glove stock.
However we need to look at the growth of this company by examining the previous year in order to see the full picture. The improvement y-o-y is quite significant
We understand the new facilities has improved the result and will continue to be better when the production lead time is reduced.
I am almost certain that RHB will upgrade the target soon since when the last target was set latex price was 550 cen per kg and recently the price has reduced roughly between 450-480. You can expect that this will enhanced the profit margin.

We some times also pay a higher price for good brand. A hand bag can cost a lot more because of the brand and design even we know the material are the same in comparison to some other cheaper brand. Share is similar, we find some share that is undervalue, good pe but no one want to buy these shares. Why? Some are due to reputation such as those china counter and some are just lack of publicity and therefore no one know about it.

Karex is a global brand. If you come to visit uk, you will find most product like durex are manufactured by them. For my self I will choose a company with good brand, future prospect and good management. Ecoworld is one of them. Karex is certainly another.

Invest wisely and invest for long term, good luck.
Price is closed at 4.31 and let's look back in a year time and be amazed.

Wow. http://www.theedgemalaysia.com/mobile/article.php?id=276786

Btw, uncleT was spot on noticing fund was collecting iris. Today it has announced purchase of land. Not only they do ic, they also build cheap house with very high margin. That is why felda has become the major share holder to unlock the potential.

Zoomboom, in simple terms, shark manipulate price up and down to create panic or buying momentum. So don't chase high and don't sell in panic.

That is why I warned not to buy too high yesterday as bonus will not be issued next day. There will be a cooling period. If you can wait, you can get bargain. But if you have already buy, stand firm and wait.

Now it's a good time to join presbhd. Remember what I said about the shark.

Thanks invest1818 for your insight

Asam, remember when I first posted the MKH price can be double and you mentioned that your target was 4 and my target was a bit higher than you. It's merely a month to reach your target. This MKH is super bull after crossing 4. UncleT mentioned that it's quite likely to reach higher after the resistant but I don't want to post TP but I am going to keep it even after it reach the target as the CPO price change will certainly push the stock price higher and rerate the target.

I have mentioned before the weird weather around the world and it will be sooner or later that will cause a massive reduction of rape seed and soya production and palm stock will certainly win in long long term as it is less affected. I can see massive flood in UK this year and it will affect lots of crops as well.

For property stock, it can be a bit risky if there is a market crash but for the time being, let's enjoy the right and don't forget to direct some fund to good fundamentals stock as mentioned in the blog.

Thanks invest1818. You are right about the expenses.
If rubber price is low, will that reduce the manufacturing cost of glove stock and karex?

Btw, another good counter is coastal.

Tony no need for that. I believe both of you are intelligent and why don't both of you use the energy in finding good stock and post it here. The window of opportunity is small and let's be prosper together.

Btw, UncleT also recommended Tambun Indah. Good if you already own it.

Please don't use this forum to argue meaninglessly and no personal attack please. If you want to argue, please provide facts and we can learn from each other. Thanks

http://klse.i3investor.com/blogs/kianweiaritcles/46755.jsp

Chrollo, I don't think the fundamental has changed by briefly looking at the report but you need to find out where the higher expenses is coming from. Sometimes company spend larger amount of capex to improve the earnings such as buying more land, machinery and etc. So don't rush.

You have a lot of choice as I only collect stock that have good result.
Following are my suggestion that I think the result is going to be good by looking at the previous 3 quarter. You don't need to buy whole lot (1000 unit).
Use each failure as a lesson (pay a small fee) and remember it. Small loss is nothing compare to what you will experience in the future when you earn more money and invest a lot more. If you can pick 6 winner out of 10 stock, you will be a winner.


1. Presbhd, (bonus issue proposed, but don't buy too high), it will drop back a bit in between the ex bonus date. You can study Karex
2. MKH, (just cross the rm4 and result will be good next quater because CPO price)
3. Peshtech (just rerate but still cheap today)
4. Karex - bonus issue on the horizon and result is also good
5. DSONIC (result definitely good but price may already be catched up short term. Will go north when project/contract are announced)
6. OCK need to wait but result will be good at least in the whole year
7. Latitude - result out on 28 Feb
8. Matrix - result is good
9. Ecoworld - result will be good but for long term.
10. Do nothing and wait until the price is stable before you sell in panic.

B/S at your own risk.

unclez cannot tell because it will be considered as insider information. A hint is good enough and we shall enjoy

Here is a good read between bonus issue and split
http://www.sharemarketschool.com/how-is-a-bonus-issue-different-from-a-stock-split/

zoomboom, shhhh , don't spread the news if you want to collect more :-)
Abundance, you cannot look at one stock. It has 50/50 chance up or down depends on the stock.

Abundance, you can check the dividend by going to the stock forum -> Click disclosure and select dividend

DSONIC rise before split and immediate after split. Then it down for a bit and up again. You can also study KOSSAN, Jobstreet and other counter that has splitted and given the bonus. Karex also went up quite a bit immediately after announcement of bonus issues.

I think the best is to buy before split and sell it after split. Wait for it to be down and then buy back again.

Shhh! grab more tomorrow :-)

When market turns bad, then DSONIC is the best choice to keep. It always swim against the flow. People need IC and more credit card in crisis.

Amongs the stock that unclez recommend, presbhd gives best dividend. Dsonic may be good as well if they give out special dividend

Apart from Takaful, LPI is another good stock for dividend if you are cash rich.

Thanks Calvin.

During Bull Market....
During bull market, everyone is his own stock market expert. You will seek out someone and if he or she say the same thing, this will sort of confirm your view on certain stock. But since it is a bull market, everyone view is positive regardless of which stock. Thus, everyone moves along the same direction. Everyone has their stock to offer, be it based on fundamental or hot tips, believing that this stock is good and have high hope it will go up. In the end, you have so many stocks to pick. Every other stock seem to go up every other day. How to be wrong, is the mood of the day.  Merry mood is all around. Long term investment is no longer an attractive word. Being a disciplined long term investor, you too deviate from your long held investment principle. Suddenly you find yourself putting your money into some of these unknown stocks that you never heard of not too long ago. The interesting part is these unknown stocks start to give you better and faster returns in no time as compare to your long term stocks that you already had in your long term portfolio. You start to question your wisdom to continue to keep those long term stocks and tempted to switch to stock that gives faster returns albeit unknown stock to you not too long ago. Unknowingly or knowingly, by now you already being sucked into the vicious cycle of getting in and out from one stock to other stock. The final outcome can be easily predicted. We shall see that in 2015 or might even earlier.
 
Those went through the up and down in 1987 and 1997/8 will able to fully comprehend what I just said.
 
And, I would like to add this - Stock expert does not come out during bull market. The real stock expert is the one that stay true to his or her investment principle during bad time and good time. How many of us is really one?
 
Having said all that, one also should enjoy the euphoria brings about by the buoy stock market. Punt, contra, gamble or speculate any stock, whatever you want to call it. Life will be boring without a punt or two in stock market. But always watch your back. Set aside a small fund just for that to satisfy your thirst for excitement. Even if this fund got wiped out, you are lest concerned as your main capital is still preserved. But don't kill the goose that lays the golden eggs. Don't turn an enjoyable venture into a nightmare when the big storm come hitting. 

On another matter, UMA was back into the limelight recently. This remind me of what happened to Ecowld not too long ago and DSonic just yesterday.

Contrary to many may think, UMA is good thing for it will bring back normality otherwise it is a mindless pure speculation play. UMA is a psychology tool to tackle emotion. Speculation is about emotion. Emotion of greed. How else to explain if it is not psychology tool since UMA does not change a bit on the company fundamental but the stock price will tumble upon UMA being issued. What is not good is this is a sign of coming of an unhealthy market volatility. This is especially so when UMA is issued to good fundamental companies. Nevertheless, stock price will recovery fairly fast for good fundamental company. I predicted more UMA madness in the coming months.

On a happier note, are we not in bull market? If it is not, why are we talking about stock market day in day out? UncleZ too won't be writing here if we are not in bull market and certainly you won't be reading what I wrote if we are not in bull market.

Invest wisely. Stay invested. Good luck.

matrix6050, Nice to know that you also hold CBIP. This is one of the good fundamental stock that can weather storm and at the sametime going up like the speculated stock

http://unclezmalaysia.blogspot.co.uk/2014/02/during-bull-market.html
Nice reminder.

Hi, I have no experience in caely and gob. We are not sifu. Sifu are otb, kcchongnz and etc

it's interesting to see mkh and Dsonic racing each other last two days. If you have one choice, which one will you pick? Btw, Cbip gradually creep up, take note.

Thanks zoomboom for your sharing. That's every good investor should do. Attend their agm and visit their site

tewnama, I am not expert but one thing I know is shark can buy share quicker than us with their trading tool within seconds. They can manipulate the price higher easily and then the crowd follow. After that they can sell quicker than you.
They can also do the opposite by pushing the price down and create panic and then buy at lower price. If people don't understand the fundamental, they just buy at greed too high/late and sell at fear too early. Make sense?

invest1818, glove expert - Why don't they sell the right hand glove alone as it always break first and I need to use the left one on my right hand :-)