No longer a speculator. I am a value investor now.
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2018-05-17 22:57 | Report Abuse
I would prefer to hold more consumer counters. Those with good cash flow are very good choice.
2018-05-16 10:46 | Report Abuse
Last time during US sub prime crisis, big organization like Citibank was allowed to drop till below USD 1.
2018-05-16 10:44 | Report Abuse
This is not a free market if Bursa were to intervene.
2018-05-14 22:07 | Report Abuse
It is advisable to trade along the fundamental of the stock rather than speculating. Someone will get burnt for sure.
2018-05-14 22:05 | Report Abuse
United States have less than 20 ministers.
2018-05-14 22:03 | Report Abuse
sochai tells story you also believe?
2018-05-14 00:06 | Report Abuse
Thx Calvin.
2018-05-12 20:36 | Report Abuse
Steel counters will be under pressure too..
2018-05-08 23:51 | Report Abuse
Najib's speech was all about cash. Whereas Mahathir's was for the future of the nation.
2018-05-08 23:01 | Report Abuse
Penang and Selangor are the best example you can see. Refer nowhere.
2018-05-08 20:19 | Report Abuse
@anonymous how could you assume he will use our money to bail out his cronies in future? This will be Pakatan, not Umno.
2018-05-08 17:53 | Report Abuse
@ anonymous What's wrong in forgiving Mahathir if he wants to save the country from kleptocracy?
2018-05-08 14:48 | Report Abuse
removing MO1 is top priority now. Save the country first.
2018-05-08 14:43 | Report Abuse
only Pakatan can guarantee a good long term. Say no to kleptocracy which is very devastating.
2018-05-08 13:07 | Report Abuse
Bcos you are too shortsighted @TrippleZ
2018-05-08 12:52 | Report Abuse
Pakatan Harapan will do good for the country in the long term due to less corruption, less leakages, more transparency etc. The market should celebrate if PH wins. No more under the table deals with those little napoleons. Foreign investment confidence will be lifted too.
2018-05-08 08:30 | Report Abuse
Pity @izoklse got brainwashed by RPK.
2018-05-07 16:26 | Report Abuse
Type "auta RM2.6b" on Google and you can see a lot of silly statements coming out from umnoputras.
2018-05-07 12:40 | Report Abuse
got this tweet. Would like to share here's.
@JustinTWJ: The reason why we see BN gives so much cash handouts and lucky draw prizes etc is because that’s their culture.
And that’s why we have to stop it. You don’t make people rich by giving them RM100. You give them quality education, better pay jobs, house, better cost of living etc
2018-05-07 12:29 | Report Abuse
The 1MDB scandal dwarfs all Mahathir's scandals. Mahathir will no longer have the power he used to accorded with. Last time, DAP was not in the government. I trust DAP.
2018-05-07 11:51 | Report Abuse
eh, suddenly @stockraider went from BN supporter to become a PH supporter? Or did I read it wrongly? Haha..
2018-05-07 08:51 | Report Abuse
we are not voting for longkang politicians. Leave the cleanings to the councilors. We need lawmakers to spearhead the country. Enough of this kleptocracy.
2018-05-07 01:03 | Report Abuse
Umno must go. No other options to save this country. Full stop.
2018-05-07 00:49 | Report Abuse
Your script sounded very much like MCA and Gelakan. I crossed sword with them many times in online forums.
2018-05-03 18:44 | Report Abuse
This counter has economic moat. Even if BN were to lose the coming elections, this counter will not have much impact.
2018-05-03 17:04 | Report Abuse
This is the last chance for change. Otherwise, we will have to stuck with kleptocracy for another 60 years.
2018-05-03 12:35 | Report Abuse
some companies with a lot of cash and nowhere to spend will do the share buyback. You don't see companies with weak cash flow doing this.
Besides, it is also indirectly to inform the shareholders they are serious about the valuation of the company. Of course, it is not possible to control the market force; at least something is done to safeguard the interest of the shareholders.
I am a fan of share-buybacks.
2018-05-03 10:55 | Report Abuse
@ktsk88 good to hear that you're still keeping it. It's hard to find another counter with such quality once you sold it.
2018-05-02 03:02 | Report Abuse
@Dylan, you can check it out here.
http://klse.i3investor.com/blogs/stock_pick_2018/155440.jsp
he is currently sitting on 11th, not that great though..
2018-05-01 22:21 | Report Abuse
Heng Yuan should appoint you as the internal auditor. This company is in a mess under those China men.
2018-04-30 11:22 | Report Abuse
Give Mahathir a chance to correct his wrongs. Only he can do it now. MO1 will keep on to plunder the nation coffers.
2018-04-29 16:17 | Report Abuse
Trying to act like an experienced trader, but actually looks like a sochai.
2018-04-27 23:41 | Report Abuse
say no to kleptocracy!
2018-04-26 12:55 | Report Abuse
I agree it's expensive. It might consolidate further but i don't think it will fall to the prices as indicated by those IBs.
2018-04-26 09:24 | Report Abuse
Tell those stupid analysts to stop drinking Milo and Nescafe in their life; and asking their children not to take its cereals as breakfast. Then only Nestlé will fall.
2018-04-26 08:52 | Report Abuse
Nestlé does not need those analysts burok to give rating. It has the moat factor.
2018-04-24 01:32 | Report Abuse
those who don't have basic accounting knowledge can be easily tricked by him with his half-baked explanations.
2018-04-22 21:59 | Report Abuse
very good post. Thank you.
2018-04-22 12:02 | Report Abuse
ant sane Malaysian will want to remove this corrupted govt and reform the country.
2018-04-22 11:59 | Report Abuse
Only @stockraider and his cohorts will accept kleptocracy and have no shame about it.
2018-04-21 13:58 | Report Abuse
I can only say TSG is so naive. Very easily fallen into Umno's trap.
2018-04-15 01:29 | Report Abuse
in other words, it means 1 day contra period. Very risky for amateur traders.
2018-04-04 20:00 | Report Abuse
the happiest guy at the moment. Once in a blue moon.
2018-03-23 21:37 | Report Abuse
the recently launched lifestyle products such as shoes, handbags will certainly benefit HaiO for the coming quarters, It is designed by well known designer Jimmy Choo.
Hai-O Enterprise Bhd - Higher Earnings Momentum Envisaged
We came away feeling optimistic on HAIO’s prospect after a company visit. We expect MLM division to gain momentum on shoes and leather goods designed by Jimmy Choo which are set to boost high-margin products composition and HAIO’s overall profitability. We keep our FY18E/FY19E NP unchanged pending full pricing details, but, we raised our TP from RM5.60 to RM6.00 based on higher 17x FY19E EPS (+1.0 SD above 5- year forward historical mean) to reflect the potential boost in earnings. Upgrade from MARKET PERFORM to OUTPERFORM.
Shoes and leather goods designed by Jimmy Choo to boost MLM highmargin products composition. HAIO has recently launched high-margin products designed by Prof. Datuk Dr Choo Yeang Keat (popularly known as “Jimmy Choo”) for its lines of “Infinence” products under foot wear/insole and leather goods. Note that, Jimmy Choo is the “Infinence” brand’s fashion consultant, and will be involved in the design of shoes, bags, attires and accessories (he recently retired as non-independent and non-executive director and afterwards, taken position as HAIO consultant). All in, these highmargin products are set to contribute more than 10% of the MLM revenue for the 2H18 (from <5% in 1H18) and are set to boost its MLM margin further (currently MLM EBIT margin at c.20%). With its strong 160,000 distributors (as of October 2017) and over 90% of its distributors are women, we reckon that HAIO should see stronger sales momentum and better profitability driven by these high-margin women products under its stable. As for the incentives campaign, the group start the year 2018 with a Europe tour trip to Switzerland and Paris (Jan-May 2018) and subsequently will launch two Asian tours for the remainder of the year (allocated capex of RM10m/year). For this year, the group is targeting more than 1,000 qualifiers for each tour (from previous high of c.800 qualifiers), which we estimated at c.RM185m in sales value per promotion period.
Better prospects for its wholesale and retail segments. Although both divisions (c.20% of revenue) are vulnerable to currency risk, HAIO’s focus on high margin in-house brands (c.40% for retail sales) has proven to bear fruits which produced higher-than-expected EBIT in its 1H18 results (>100% growth rate to RM9.6m and registered 33% EBIT margin) and the group expect the momentum to continue with the support of 140,000 card members in its retail segment. HAIO has added one more exclusive dealership under its retail segment recently and coupled with its existing Traditional Chinese Medicines (TCMs) line-ups, this is expected to boost earnings much further ahead and suppress any weakness in forex. (Please refer to the following page for the segments overview).
Outlook. We expect MLM earnings to gain further momentum with shoes and leather goods designed by Jimmy Choo which are set to boost highmargin products composition and supported by HAIO’s 26th year anniversary grand sales promotion in 2018 as well as higher contribution from the newly launched fashion and beauty care range of products under the “Infinence” brand. Moving forward, the MLM division will continue to expand its lifestyle segment of which margins are better compared to F&B products. On the other hand, wholesale and retail segments are expected to maintain its high EBIT margin with the in-house brands while mitigating forex weakness.
Upgrade to OUTPERFORM with a higher target price of RM6.00 based on 17x FY19E EPS implying +1.0SD above 5-year forward historical mean (previously from TP of RM5.60 based on 16x FY19E EPS, which was the +1.0SD-level back then). We believe our target PER of 17x is justifiable considering HAIO’s average 32% net profit growth per annum over the next two years. We like HAIO for its; (i) double-digit growth in distributors base (currently at c.160k), (ii) net profit growth averaging at 31% per annum over the next two years boosted by double-digit margin, and (iii) strong earnings support from high-margin products under its MLM and its leading Chinese medicine retail shops (under its other business). Risks to our call include: (i) lower-thanexpected sales, and (ii) higher-than-expected operating expenses.
Source: Kenanga Research - 23 Mar 2018
Blog: Daim: No decision on toll abolishment yet, but must honour Pakatan manifesto
2018-05-19 11:20 | Report Abuse
Yes. Honoring the manifesto is very important. Otherwise, the voters will no longer trust you next time.