Desa, we let Mr. Market decide. Just wait by end of this week their result will be out, then we discuss again

moneySIFU, I have mentioned that at the worst case of USD20, SKPETRO probably drop by another 40%... but the long term average is about USDtt to 60 so the upside is about 70% to 100%...

this is a long bet... u need to lock in the money for 2 to 3 years

CKWan, SKPETRO is integrated oil and gas services and solutions provider. Summary is they provide solutions and services to the upstream industry. To be honest, I am not an expert in oil and gas. The only thing I know is that SKPETRO is the proxy to play the oil price.

Details:
The Company is engaged in providing end-to-end solutions and services to the upstream petroleum industry, and covers activities, such as installation of offshore pipelines and structures, fabrication of offshore structures, accommodation and support vessels, drilling vessels, hook-up and commissioning, topside maintenance services, underwater services, offshore geotechnical and geophysical services, project management, diving services, offshore support services, infrastructure and specialized steel fabrication works.

thanks soros228

are you implying that Malaysia property downtrend is over? or Iskandar property downtrend is over?

problem with Desa, he/she let emotions lead over the valuation / prospect of the Company. Desa should argue with facts and figures... may I ask our RM4 and RM5 is based on what kind of valuation? 4x to 5x PE?

time will tell whether Desa or omightcap is correct... first hint will be out by next week (latest) when the FY15 result is out

to the author of this article, good analysis.. but you should have highlighted the Target Price of RM18 in the title.

JHM: PE at 10 to 11x looks ok. But it does not pay dividend, overall avoid.

D&O: PE is more than 40x and does not pay dividend, hence I will avoid the stock.

ELSOFT; PE about 15x. Has dividend policy of 40%, Kenanga recently wrote about this stock. Will look further into this stock.

Pavillion, the stock market is a ZERO SUM game.
and it is a free market.

if you are a very risk adverse person, set a portfolio with 90% or 100% exposure in FD.

moneySIFU, I have stated my view in my previous posts on PETRONM and KMLOONG on the reasons why I like these stocks. And I stated down all my assumptions.

what else do you want moneySIFU? My articles are free, I don't force you to buy or sell

sorry if I can't give u a guaranteed BUY and profitable call. still learning hard to do that

next time i predict that whatever story that you put ... the ending will be "BUY BJCORP"

OTB, Yellen has publicly mentioned that US is planning to raise interest rate. What makes you think US will reverse their mindset? Better economy makes good judgement to increase interest rate

ckwan, SKPETRO is very short term trading as I still find it very hard to predict oil price movement. I am more convinced on longer term for PETRONM and KMLOONG. All the best for your portfolio in 2016

can't believe that you actually give your phone number here

ckwan11d, good question. According to their website, it is 550.

Quoted from http://www.petron.com.my/web/site/service

"We have over 550 service stations throughout Malaysia that provide our customers with innovative products and services. We provide a delightful one-stop motorist experience!"

ahdi, you can refer to the latest The Edge Weekly, there's one article on SHELL.

shareinvestor88. the listed entity SHELL has no petrol station. The Shell petrol station that we see on a daily basis is under the Sdn Bhd company (another entity, different from the listed SHELL).

ckwan11d, I do own small amount of PETRONM shares.
I am just a small investor (definitely not going to make my way to the top 30 shareholder list like Mr. Koon Yew Yin) haha

Referring to these two statements...

"In The 2013 Annual Report of BJ Corp – At No. 7 Top Substantial Shareholder is Goldman Sachs with 121 Million Shares!

And Goldman Sachs In Turn Is In The Top 11 Holdings of BERKSHIRE HATHAWAY of Warren Buffet – The Current World Number One Champion Investor!"

This means that Goldman Sachs (GS) owns both BJCORP and BERKSHIRE. It does not mean Warren Buffet has interest in BJCORP.

Mr Koon, "Greed" and "Fear" are moving the market everyday. I would say share market is a "suffering" but many people (myself included) are just addicted to this "suffering"

i humbly suggest that Mr. Koon provide scholarship to professional certificates students. This is because professional certs graduates are more likely to be absorbed by the job market. Some of the considerations are:

i) Accounting - ACCA and others
ii) Financial analyst - CFA and others
ii) Computing field - Java, SAP and others

congratulations! look ahead for more insightful writings from you

Desa, are you shorting the market? Why do you want the market to crash?

Icon, the readers here have M16 all the time... Kena shoot is normal.. I start to like being shot, instead of hating them as it forced me to improve my investment skills

Lol i relook again all top four have PetronM in their portfolio!

Moneyfriend, read my previous comments... We wait for the result in feb then you are welcomed to shoot me again... One or two weeks share price performance shouldn't be used to judge my track record

Icon, to the reader the reasoning is basically like this...
I read icon blog, i buy i make money,i am smart, i sold in the market and feel good... Maybe 10% will say thanks to you
I read icon blog, i buy, share price drop... It is all Icon fault ! 90% will attack you in i3

Good stock is stock that reader make money... Bad stock is lose money... But everyone entry point is different, so the same stock can be good for some and bad for others

Dont get me wrong, i got attacked a lot too in i3...

My message is live with it, it is part of the life as blogger.. Ready to be criticized... Even with most nonsense comment and able to bring yourself up and write another blog the next morning...

That has made all the difference

Icon, with great power. comes great responsibility.... The power is the influence to move share price, the responsibility is being responsible for choosing good stocks

got to give it to you icon, CAELY up today by 6%

moneyfriend, please read thoroughly... it was mentioned in the article

No change to the four and the reasons why they retained the positions are as follow:

i) Icon's post on MERCURY has kept the share positive price performance for the week despite the turbulance week 3 of 2016.

ii) Koon Yew Yin blog on Good Buying Opportunity is almost perfect timing.

iii) BukitHot maintained No 1 position for the competition

iv) Shellhouse also maintained No 2 position for the competition

The company did not pay dividend for many years already. With improved earnings prospect in fy15 and fy16, do you think they will start giving dividend?

moneyfriend, i guess u are just jealous. it's ok... i am busy making money and have no time to feel negative about your comment

On hindsight the timing of this article is almost perfect... Oil up 10%, djia up 200points, luckily I manage to buy some stocks last friday

i believe we have reached the point of no more arguing. let's wait for Feb-2016 result.. it is just 5 weeks away... i am not linked to the Company, of course I can only justify the capability. Whether or not the Company wants to pay, you have to ask the Company. my best effort outlook is based on last quarter payment of 3.0 sen which I have clarified.

i am tired of replying comments here... will stop replying until JCY release their result.

and no more blog about JCY (not until they release their result)

Good article

EFTI, I am not sure on who is dumping the stocks... I would like to know also

hi JT Yeo, refer this page for your question on whether RM100m capex will affect dividend payment

http://klse.i3investor.com/blogs/genzinvestor/90270.jsp

hi JT Yeo, your question is good... and I shall post a blog to justify how JCY can afford to pay 10 sen dividend. I will give you the link shortly

sharktan, please read Note No 6. BUY and SELL at your own risk. I make this observation as my part time interest. It is NOT A BUY recommendation. Do your own research before any investment.

I don't think my article is so powerful that it can push up the price... but I am confident it will improve the knowledge of the investment community on some stocks that may be overlooked...

Good luck superman in your investing journey..

My assumptions are fair as I am looking at 80% payout. HDD is not a declining sector neither it is super growth sector. For such company, you don't really need that much of capex. Use the same machine to achieve same volume like last year is good enough

JT Yeo, depreciation is non cash.. it is only accounting number. you should look at cash flow statement instead

SuperMan 99, a real "superman" should not follow the herd... I would like to apply Warren Buffet quote "'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful"

Give me some benefit of doubt, we discuss again when JCY announce their next quarter result in Feb-2016 in which I believe they will deliver another 3.0sen dividend

hi JT Yeo, good that you point out this. Let me clarify.
I am expecting Dividend of 10.0 sen per share for FY16.
I am also expecting Core EPS of 9.04 sen. However, EPS should be 12.5 sen (including forex gain).
That's how I get my Dividend estimate of 10.0 sen by assuming dividend payout ratio of 80%.
As it is, in latest quarter 4QFY15 JCY paid 3.0 sen dividend from EPS of 3.7 sen implying payout ratio of 81%.

for all other comments, I can only say BUY and SELL at your own risk...

sharktan, my estimate for Target Price is 30-Jun-2016... not Jan-2016...

JT YEO, I am saying 13% dividend yield. Please differentiate dividend yield and dividend per share...

speakup, it is hard to prove that China slowdown will affect demand for HDD. please read Daz Ng article http://klse.i3investor.com/blogs/genetec/83785.jsp or do your own study. Regardless, you are entitled to your view, we shall discuss again maybe 3 months from now after seeing the movement in JCY share price

Chin Pin Tan, can you inform me which warrant you mean? There's more than five Call Warrants issued by Inv Bank on JCY... Also, how to check the expiry date / conversion ratio for those warrants as I cant find it at Bursa