Haha... maybe lor ... i thought he got commitment to write articles in news papers and mag ...

Not sure what happen to 冷眼 ... it seems not much news from him nowadays ..

ya ... i believe so it is due to 1:1 bonus issues on 30Apr14

I am really surprise when 冷眼 sold the MSC...

thanks for this information ... :)

Hi kcchongnz, if you don't mind please send a copy to my email fankim@gmail.com.

thanks in advance.

http://www.penangpropertytalk.com/2013/01/tambun-indah-to-launch-more-projects-in-penang/

http://www.propertyguru.com.my/property-news/2013/1/7406/tambun-indah-to-build-five-new-projects-in-penang

ya .. Fat Cat Tim Buddy ... i followed your formula

realized gain - 5%
unrealized gain - 8%

I think we also need to bear in mind that all figures we see in the reports (qty & annual) are obsolete.

Most important thing is they can sell most of their properties (at least 80%) in these recent launch projects.

Development in Bayan Mutiara will come in multiple phases and $$$ collection from buyers also come in multiple stages.

Happy New Year 2013!!!

I agreed thing will change if BN wins in the coming election.

Regarding the 30mil in nanyang, it mentioned before q2 result. Just the profit from previous projects.

June 19, 2012 from thestar.com

Ivory will be launching five residential projects in the second half of this year and early 2013 with a gross development value (GDV) of over RM800mil. Among the projects are the phase three and four Penang Times Square in Jalan Dato' Keramat with a GDV of RM300 million.

At a press conference after the group's AGM, Murly said the first phase of residential development in Bayan Mutiara would be launched year-end or the first quarter of next year with a gross development value of between RM700mil and RM800mil.

Other developments include the Island Resort bungalow project in Batu Ferringhi with 22 exclusive units ranging from 5,000 sq ft to 8,000 sq ft at a GDV value of between RM20 million and RM25 million to be launched year-end. - Bernama

Hi Impartiality, this could explain where the $ from for Q2.
http://www.nanyang.com/node/426816?tid=459 (6 Mar 2012).

2.27亿未入账

该公司将要推出的项目包括The Latitude、槟城时代广场的第三和第四阶段、位于丹绒道光的City Mall和City Residence。

刘永福说：“去年，我们已完成和正在进行的项目录得1亿2180万令吉销售额，尚未入账销售则有2亿2700万令吉。 ...

If i interpreted correctly from the newspaper above, it is not really from revaluation of properties ...

hi impartiality, i just checked in thestar.com.. ivory was making profit in the last three qtrs as below.

Q1 3.490 mil
Q2 27.357 mil
Q3 1.933 mil

Can you share with us how do we know "they didn't make any money from operations"? can we see it from the report?

BTW, ivory is having a roadshow at Penang from 27 Dec 2012 to 1 Jan 2013.
Anyone went there and observed if their sales is not really good?

kcchongnz, thanks for your comments.

Shrekk, yes. do agreed SKPRES is one of the best stock below 50 cents. thank you. plan to accumulate these few days.

dear kcchongnz,

just want check if i am calculating correct.

bought 10,000 CHEETAH shares at RM 0.70 with RM 7,000 on 2008
today CHEETAH at rm 0.50, so 10,000 CHEETAH shares worth RM 5,000.

Over the five years, this stock gain the dividend as sen 2.6, 3.4, 3.0, 3.0, and 2.8.

rm 260 + rm 340 + rm 300 + rm 300 + rm 280 = rm 1480

on hand 10,000 shares worth rm 5000 + total dividend rm 1480 = rm 6480.

Over the five years, still losing rm 7,000 - rm 6480 = -RM 520.

Should we buy more at a cheap price or continue to hold?

Cold eye has 800K shares for this stock (as stated in AR 2011)

good for long term investment ... they just gave the bonus to reserve money for their 10 year project ...

i think so ...

anyway ... i will buy it after the exercise ... and waiting status from bursa ...

pending from bursa ... i think the chance is 50:50...

this stock has submitted a proposal to bursa for moving itself to Main market ... pending decision/approval from bursa

not sure if he has sold all ...

MSC is a good counter ... i am buying more on this counter ... bcoz it's the tin price drop ...

uncle cold eye portfolio

http://klse.i3investor.com/servlets/pfs/6736.jsp

Its a good stock for long term investment ...

this is from nanyang.com under 冷眼专栏 recently.
http://www.nanyang.com/node/495917?tid=808

The report was posted on 23 Nov 2012.

for your reference from bursa website:
http://eresearch.bursamalaysia.com/download.aspx?id=13556&type=research

Maintain TP of RM0.27 (after full dilution of warrants only) and Ex-TP
of RM0.18 (diluted for warrants and bonus) based on PE of 5x to
diluted FY13 EPS. Due to the limited upside on the stock which closed
at RM0.395 (Ex: RM0.20; diluted for bonus only). We are downgrading
the stock to a Sell (Hold previously) due to the limited upside.

Chung, you are good.

KNM = Kalau Nak Menang
KNM = Kalau Nak Manis
KNM = Kalau Nak Mahmud
KNM = Kalau Nak Makan
KNM = Kalau Nak Maju
KNM = Kalau Nak Makruf
KNM = Kau Nak Milik

but above also not bad ar ...

ya .... can't really do apple to apple ... but the figures are not that much different in high level (cash or cash equivalents, liabilities, borrowings ) ... as compare to share prices ... rm 2.40 vs rm 0.48 ... almost 5 times ler ...

..sometimes i just don't understand ... e.g.: Dialog - its EPS is about 8 cents... but its share price is rm 2.40... KNM's EPS is 11.55 cents ... but its share price is rm 0.48 ... so much different ... hai ...

Understood ... Hope KNM keeps its business performance till next qtr and even better next years ... 5 cents with rm 0.50 also good ... I believe the share price will up if it keeps its promise ...

I think that is for different purpose .... Big shareholders do read the report ... I think SG stock exchange also review this report as well .,,

Yungshen1, it's a reality question. I think lar. KNM top management will know ... So i think if they want to keep the promise ... They need to give something to the shareholder... Otherwise with very good justification .... Shareholder will lose the confidence as well ...

yungshen1, yes ... Based on my understanding ... Current EPS is 11.55 cents (for the last three qtrs) ...

Re-read KNM 2011 AR and i saw this statement at page 12. In the last 3 qtrs, its EPS already more than 10 cents. so, we can target something more than 5 cents if they keep their words. :)

"... Company has announced a dividend policy to distribute at least 50% of its Consolidated Net
Attributable Profit After Tax to shareholders. This is a statement of intent as we work towards profitability in the coming
years. We are mindful that in order to meet this promise..."

I think KNM EPS will hit 14 sens easily for the FY2012. PE ratio also below 5. I believe it is a good one also but it never give dividend for years.

I meant your TP for KNM? also 60 sen?

what is the TP wor?

it's ok. thanks. i will do a search and study.

i see. thanks.

my question was where does Maxis get the money to pay the dividend to its shareholder as it didn't earn that much of $$$?

1st qtr - EPS was 7.6 but dividend was 8 sens
2nd qtr - EPS was 6.2 but dividend was 8 sens
3rd qtr - EPS was 5.9 but dividend was 8 sens

KNM also need luck!!!

Hi KC Loh, tonylim and Matsaham,

thanks for your comments. but still don't know where the $$$ from. surely, tonylim is one of the contributors.

i think the annual report also not so transparent to its shareholders then.

Hi, all the SiFu...
Can explain how Maxis give 8 sen to its shareholders quarterly as its EPS for each quarter is below 8 sen? where the $$$ from?

Mega sales!!!

WINSUN posted -1.3m for Q3.

any good news?