chinesetea

chinesetea | Joined since 2013-08-14

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Stock

2013-11-20 17:20 | Report Abuse

Wait for interim dividend. This is the darling of pension fund by studying at history of change in shareholders, so good to keep in profile to spread your risk in downturn. Also quarterly report will come out soon and result will be good based on last 3 quarter. People don't yet realise the importance of the physical asset that POS owning and quite often undervalue the share. You can study the royal post in UK. Those post office are mostly in the centre of town and as house price increase over the years, this will become valuable asset. Once order over internet pick up, the parcel delivery will become very significant income revenue.

Stock

2013-11-20 15:19 | Report Abuse

Remember the rules, you buy after unclez make a comment. Time to collect more.

Stock

2013-11-20 06:33 | Report Abuse

Result will be out soon 21st of Nov.

Stock

2013-11-18 20:18 | Report Abuse

@Lotusf1, theoretically should be same. But because of psychologically, people think it is cheaper and the demand will be much greater after the split and also investment fund will be involved due to increase of volatility and you need to be quick. They may be some unexpected news in the pipeline before and after the split which may also affect the price.
You can ask yourself what price you are willing to pay if it split tomorrow. At current price 8.31/5 = 1.662. Will you queue for 1.662?
But trust no one in this forum and do your own research as it is your money at the end.

Stock

2013-11-18 19:52 | Report Abuse

I have great respect to Sifu in this forum but sometimes you need to know 乱拳Can打死老师傅. Sifu cannot be always right otherwise they would have retired already. You can look at the history in this forum, everytime some good news report and price hike then some sifu said it's too high and better buy my XXX share, then uncleZ calm us down and come with some hint. The next day or two, the price shoot up. I am not saying my XXX is not good but it is not in the sharp trend yet.

Sometimes investment fund manager in big company may not be better than small fish because of their big position and rules/mandates (like volatility of the shares) that prevent them to purchase some shares.

Sometimes you need to throw the TA away because there is always one thing that can change it suddenly - that is news (good or bad). The most powerful trading software in investment bank are those can analyse the market news and trade in a split of second but it is still not as good as human being that can read the news and hint.

Regarding to DSONIC, this is still a gem. Base own the volumn for the last two biggest hike, it seems some investment funds are starting to collect this gem. You can hardly find any share these days with a target price so high in comparison to existing price. That means the is still a lot of leeway for upside. These target price is supported by good fundamentals and consistent
earning forecast because of contractual agreement. I have say again this is a safe heaven when QE tapering news is announced again. If you have bought the share since 3,5,7 and I think you may get more or hold tight. For new comers, if you can take the risk, then buy it before the
announcement of the result end of this month or soon after unclez make a comment :-). If you can't take the risk, then buy after split but prepare to pay higher premium.

As usual, you need to be able to take the risk in buying shares and buy at the right time. For example when most people selling when they expected Syria war and QE tapering were going to happen, did you pick up any good value shares?
Warning : Buy at your own risk!
For the rest of us who already bought the shares since rm3, wait for the Christmas present !

Stock

2013-11-15 23:58 | Report Abuse

Datasonic good news everywhere

Datasonic Surges To Fresh Peak On
Earnings Outlook
http://dsonic.irplc.com/medianews.htm?filepath=DSONIC/DSONIC-%20The%20Star-%2012112013.pdf

净利前景受看好 德达飞讯飆涨72仙
http://dsonic.irplc.com/medianews.htm?filepath=DSONIC/DSONIC-Oriental-12112013.pdf

Stock

2013-11-15 23:33 | Report Abuse

For those who miss the radio - Kong Heng Siong, analyst at RHB Research talk about DSONIC and what method he used to get 10.51 target price. http://klse.i3investor.com/blogs/bfm_podcast/41116.jsp

Stock

2013-11-15 18:57 | Report Abuse

The split is going to happen after general meeting on 10 December provided it is approved. So it's better to gather more now before the quater report is announced end of this month that will certainly push up the price. If any more investment house follow RHB and Maybank to provide target price then it may be too late and miss the boat.

Stock

2013-11-14 22:14 | Report Abuse

Good to know we're all the same boat. Now I know why it keep going, that because everyone is beh tahan to buy and don't want to sell, My wish is that it will get back to above 5.00 after split. What a golden goose :-)

Stock

2013-11-14 17:53 | Report Abuse

Split related annoucement if anyone miss this.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1457505

We refer to the announcements dated 18 October 2013 and 30 October 2013 in respect of the Proposed Share Split and Proposed Amendment (“Announcements”). Unless otherwise defined, the definitions set out in the said Announcements shall apply herein.


On behalf of the Board of Directors of Datasonic, RHB Investment Bank Berhad wishes to announce that Bursa Securities has vide its letter dated 8 November 2013 approved the Proposed Share Split. The Proposed Share Split and Proposed Amendment are subject to the approval of shareholders of Datasonic, which will be sought at an extraordinary general meeting.

Stock

2013-11-14 17:03 | Report Abuse

Although target price of 10.51 is quite high at first look,if you think about the price after splitting it can easily back to 2.10 without any problem. The problem at the moment is a lot of people including myself is itchy to get more but think the price is too high. But this is a 5 steps forward one step back stock and continue to shoot up whenever you think it's too high. So imagine the split happen tomorrow, without a second thought people will rush in. That's the point of splitting up for itchy and poor retail investor to make it affordable.
I have been watching this counter for sometime and what amazed me is everytime there is bad news that affect all counters, this one will up or stay unmoved, This may be explained by less contra player and no big investment fund like EPF playing this stock. The other explanation is what I mentioned before that this is a recession proof stock like food. Unless government stop the contract, everyone need MyKad and population is growing. It will be even better if DSONIC can target other countries to provide the service. I normally take the target price with a pinch of salt and deduct 10-15% from that. So I believe 8.5-9 will be achievable if this is truely become takaful2. 10.51 can only be achievable after splitting. I already bite the bullet and get more. Contra player and EPF please stay away :-)

Stock

2013-11-04 15:57 | Report Abuse

Ghlsys 0.865. You can wait for correction as today rise a lot but still got room to improve.

News & Blogs

2013-11-04 05:17 | Report Abuse

全世界最好的股票, 未必, 全i3 重复最多的blog, 肯定是。

Stock

2013-11-03 06:28 | Report Abuse

@rchi, There were some bonus issues 2:1 announced recently in June. 'Assuming' everyone got at least 2 shares, then maximum share number roughly (38 + 38/2 bonus) x 5 (after split). Of course this is still a small number but everyone understand things that is rare is more expensive. It's also good that these stock are not played by EPF (see what happen to Digi and MayBank) and not consistently diluted by call options of warrants.

Stock

2013-11-01 22:29 | Report Abuse

Dividend announced. Probably dividend is given before the split.

Stock

2013-11-01 17:20 | Report Abuse

http://datasonic.com.my/investor-relations.html.
Goto director profile and key management team.
Few of them work in government before including as chief of defense. Some work in fund management and apparently know how to play up the stocks.

Stock

2013-11-01 16:36 | Report Abuse

If you spend time to read about those director , you will know why.
I will keep this even after split for long term. This stock is really a QE and recession proof.
No matter what people need more I.c. I hope gov will introduce icard for migrants and dsonic can get the business.

Stock

2013-10-30 19:00 | Report Abuse

See today announcement, share split application is submitted to bursa malaysia. This means, the share split will go through very soon

Stock

2013-10-30 04:10 | Report Abuse

May be splitting soon?

Stock

2013-10-28 17:39 | Report Abuse

Don't take my word. Buy at your own risk. If you don't want to pay high price, inari may be a good buy.

Stock

2013-10-28 17:13 | Report Abuse

I meant split before the announcement. My TP is what price I am willing after splitting x 5 - profit margin. I am willing to pay at least 1.50.

Stock

2013-10-28 15:58 | Report Abuse

Based on quarter report out last year, result will be out end of November. I hope they can split before the spilt and that will push the price higher. You have to ask yourself what is it worth if will not split? Can you take the risk?

Stock

2013-10-28 15:45 | Report Abuse

Split expected to be by fourth quarter 2013 according to the announcement.

General

2013-10-26 22:17 | Report Abuse

Since GST is confirmed repayment system will definitely get some benefit. Imagine how many business will need to upgrade.
Counter like CENSOF AND GHLSYS will fly. Here is the link if you miss the report.
http://klse.i3investor.com/blogs/hleresearch/38820.jsp

Counter related to internet and telecommunication will also benefit.
Maxis and Digi


Please share if you have other suggestion

Stock

2013-10-23 16:55 | Report Abuse

休息是为了走更远的路。Probably some profit taking. Who knows that this may be another takaful. Do you want to miss the boat? I agree with unclez that when the share split it will not be 1.10 as more people will get in. The potential is too big. I collect before anyone notice.

News & Blogs

2013-09-22 01:59 | Report Abuse

Search in google for 'us billionaire dumping stocks' you will see same news is repeated since 2012 in lots of site that is linked to selling a book or investing in their product.

News & Blogs

2013-09-09 17:27 | Report Abuse

@limnagalim . I am wondering whether people will still want to wear a T-shirt of a bankrupt company :-)

Stock

2013-09-09 16:47 | Report Abuse

Sedikit Sedikit turun, lama lama Gunung jadi bukit

News & Blogs

2013-09-09 16:42 | Report Abuse

Can you really get back clothes when it bankrupt. When company bankrupt, they need to clear the debt. The usual order of debt repayment, in terms of the lender, will be the government, financial institutions, other creditors (i.e. suppliers and utility companies), bondholders, preferred shareholders and, finally, common shareholders. The common shareholders are last and normally receive nothing after clearing the debt.

Stock

2013-08-30 22:50 | Report Abuse

Copied from Jimmy post
DATASONIC’S PROFIT SOARS 122%
DATASONIC HAS REPORTED A PAT OF RM35.64 MILLION FOR ITS H1FY2013

PETALING JAYA, 30 AUGUST 2013 – Datasonic Group Berhad (“DSONIC” or the “Group”) announced its second quarter results for its financial year ending 31 December 2013 (‘Q2FY2013’) with a revenue of RM59.01 million. The Group’s current quarter under review reported a profit before tax (‘PBT’) of RM22.80 million, representing an increase of 29% compared to its last quarter of RM17.65 million. The Group’s profit after tax (‘PAT’) recorded an increase of 37% to RM20.59 million compared to its previous quarter of RM15.05 million.

The group’s revenue continued to be mainly derived from the supply of smart cards and consumables which generated a revenue of RM40.75 million, making up 69% of the total Revenue, has increased by 10% compared to its previous quarter of RM36.91 million. For the current financial period under review, the Group’s other main sources of profits are generated from the supply of hardware consumables, datapages and personalisation solutions, maintenance and technical support services which generated a revenue of RM14.14 million.

For the first half of FY2013 (“H1FY2013”), the Group’s revenue increased by 42% from RM83.25 million in first half of FY2012 (“H1FY2012”) to RM118.29 million, and its PAT increased 122% from RM16.06 million in H1FY2012 to RM35.64 million. The increase in revenue and PAT are contributed by a greater supply of smart cards where a bulk of the supply resulted from an extension of existing contract, increased in deliveries of hardware consumables, and more effective cost control measures.

The directors had on 30 August 2013 declared the first interim single-tier tax exempt dividend of 7.5 sen per share, amounting to RM10.13 million based on the issued and paid up share capital as at 30 August 2013. The Entitlement Date will be determined and announced in due course.

Looking forward the Group are positive in delivering a better performance for the remaining period of the financial year ending 31 December 2013, barring any unforeseen circumstances.

For more information about the Group please go to http://datasonic.com.my/

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1395909

Stock

2013-08-23 18:16 | Report Abuse

From Sun Daily: PETALING JAYA (Aug 22, 2013): Gunung Capital Bhd is looking to expand into the renewable energy business in Perak through a proposed acquisition of an 85% stake in loss-making Pusaka Hijau Sdn Bhd, which holds the rights to develop small hydro plants in the state.

Pusaka Hijau, through its 60%-owned subsidiary Perak Hydro Renewable Energy Corp Sdn Bhd (PHREC), is involved principally in developing, maintaining and operating mini hydro plants, which is defined by the Sustainable Energy Development Authority as hydro plants up to an installed capacity of 30 megawatts (MW). The remaining 40% interest in PHREC is owned by Menteri Besar Inc.

For the financial year ended June 30, 2012, the net loss and net liabilities for Pusaka Hijau stood at RM22,757 and RM11,788 respectively.

Gunung Capital yesterday signed a share sale agreement with Pusaka Hijau managing director and shareholder Beroz Nikmal Mirdin for the proposed acquisition of 425,000 Pusaka Hijau shares, or 85% of the company's share capital, for the sum of RM9.1 million.

In exchange, Gunung Capital will issue 9.58 million shares at 95 sen per share, which represents 7.3% of the group's share capital, to Beroz Nikmal. The 95-sen issue price is at a 5.48% discount to the five-day volume-weighted average price of Gunung Capital shares as at Aug 20, 2013 of RM1.005 apiece.

In a statement yesterday, Gunung Capital said PHREC has been mandated by the Perak state government to act as the master developer and overall coordinator for the development of mini hydro plants in the state.

Last year, PHREC entered into a water rights agreement with the Perak state government, which includes the right to build, operate and own small hydro plants at 25 pre-identified sites approved by Majlis Mesyuarat Kerajaan, with an estimated total installed capacity of 176MW for 21 years commencing from the feed-in-tariff commencement date for each site.

The water rights agreement includes land usage and water usage.

On April 29, 2013, the Perak state government and PHREC entered into a supplemental agreement to extend the list of pre-identified sites by six, resulting in an additional estimated installed capacity of 116MW.

"Prior to the proposed acquisition of Pusaka Hijau, Gunung Capital, through its 70%-owned unit Gunung Hydropower Sdn Bhd, has secured two sites to develop mini-hydro plants with a total estimated installed capacity of 20MW on a build, operate and own concept.

"This was achieved via a joint venture agreement with PHREC, which is the remaining 30% shareholder of Gunung Hydropower," said Gunung Capital.

Gunung Capital executive director Iskandar Ibrahim said that based on a capital expenditure of RM10 million per megawatt, the hydrology characteristics of the individual sites, the subsequent energy yield, a relatively low annual operational expenditure, and a fixed income stream, the group is looking to meet its targeted 12-14% internal rate of return for each mini-hydro project.

Gunung Capital executive chairman and CEO Datuk Syed Abu Hussin Hafiz Syed Abdul Fasal said the long-term stable income stream derived from the mini-hydro projects will reduce the group's dependency on incomes solely from chartering land-based transportation assets and specialty vehicles.

"The initial earnings contributions from the mini-hydro sites are expected to commence at the beginning of 2016," he added.

Gunung Capital's financial results have been stellar in the last two financial years ending Dec 31, 2011 and 2012, following a corporate restructuring exercise in October 2010 involving a change of business direction, the acquisition of GPB Corp Sdn Bhd and the entry of Syed Abu Hussin.

Stock

2013-08-23 18:13 | Report Abuse

KUALA LUMPUR: Gunung Capital Bhd announced on Wednesday it had bought 425,000 or 85% stake in Pusaka Hijau Sdn Bhd for RM9.1mil.

In a Bursa filing, Gunung Capital said post acquisition, Pusaka Hijau would be its 85% owned subsidiary.

Pusaka Hijau, via its 60% owned subsidiary Perak Hydro Renewable Energy Corporation Sdn Bhd is involved in developing, maintaining and operating mini hydro plants.

Gunung Capital is involved in chartering out land-based transportation assets at a fixed monthly charter cost.

At 11.07am, its shares rose to a high of RM1.08. It ended the morning session at RM1.07, with 8.14 million shares done between 99.5 sen and RM1.08.

Stock

2013-08-22 17:16 | Report Abuse

From news "The Press quoted a spokesman from Genting Malaysia Bhd (GenM) as saying that the bus in the accident was not owned by GenM. It was a public transport bus.".This one may be good for long term investment as it is building new hotels and park in 2016. I think may be time to collect?

Stock

2013-08-20 18:05 | Report Abuse

Durian jatuh, sarung naik, share price tak naik.

Stock

2013-08-20 03:25 | Report Abuse

5 of them covert 9m each. Can be something big is going to happen !!