cklim,agree with you. My entry point is around $ 8.50.
I dont think the price will go down to $8.00 - 8.30 by year end.

MC, good advice.

kcchongnz, tq for sharing PL ideas of investing.

At RM 3 , PE > 30. People still subscribe/buy.
Blame who?

Keep on teaching and you will be rewarded.

Good stock with good dividend.
Hold for middle to long term, you will reap good return.

Bankrupt with a smile.

Slowly....s..l..o..w..l..y, the 'bolehland' is going to be Greece.

When one has roof over the head and food on the table, HEALTH is the most important for one going into the 'senior citizen club'.

When one has roof over the head and food on the table, HEALTH is the most important for one going into the 'senior citizen club'.

listen to chongkonghui. Don't catch a falling knife, you will get hurt. Price of CPO is cyclical/seasonal... it will bounce back.

Own financial affairs/acconts also not in order, how to compete with AA.

R u referring to the decision on HSS concession renewal?

Bullbear will say is technical rebound.

MC, spot on.
Miss the boat.

Warren Buffet - 'Stop trying to predict the direction of the stock market, the economy, interest rates, or elections'

talk2pkc, good analogy...the good the bad & the ugly. Which one does Mr Bull belong? Hahaha.

KC, you r right. Bullbear keep on hitting at AA. He has his motives. I think ppl in this forum are smart and can think rationally.

TQ for the info.

let hope something good on the way.

2500万令吉的车灯给国产车，由今年4-5月开始。今后每年的营业量将增加2500万令吉至1亿2500万令吉。如果仍能保持9%的净赚率的话，全年净利可望增至1125万令吉，以该公司4440万1股的资本计算，每股净利可望达到25.3仙，比上一年增加30%。
符合“有成长潜能”条件
再看远一点，该公司的成长将来自：
⑴ 福士伟根将在大马装配更多新车，该公司已于数月前跟多元电子接触，接洽供应部份配件。
⑵ 国产车正与该公司洽购更多电子配件。
⑶ 该公司不断的研发新产品，例如正在研发无需车匙就可以开门的感应器。这种装配通常只用在高价车上，多元电子希望大众化价格的汽车亦能采用。
⑷ 该公司将发展至东合其他国家，首期目标锁定印尼和泰国，并预定到2016年时成为一个区域性的车辆电子配件供应厂商。
以上是该公司董事经理在4月2日受财经日报专访时透露的资讯。
所以，多元电子符合“有成长潜能”这个条件。
重视研发
多元电子是一家车辆配件制造公司，为什么不叫“车辆配件公司”，却叫“多元电子”呢？
原来该公司专门制造由电子操控的车辆配件。该公司避重就轻，不与普通车辆配件制造商竞争，而专注于一类难度较高竞争较少的配件，同时极重视研发工作，这是很好的蓝海政策。
生产车辆电子配件
该公司的产品主要为由电子操控的遥控警报器、中央防盗锁、电子操控车窗、退车感应器、电子启动器、车匙、车灯、综合后灯等。
这家具有超过20年历史工厂设在新山的车辆电子配件专门制造商，一向盈利可观，不幸的是在约5年前被人取出超过4000万令吉的现金。该公司正在采取法律行动追讨，此案在审讯中，故不能评述。不过，此事无损于该公司的赚钱能力，该公司亦已注销全部款项，若追讨成功，将属“额外收入”。现在该公司已走出此事件的阴影，在财务和营业上，都是一家健全的公司——属第二线优质股。
多元电子只是逾百家第二线优质股之一而已。
如果你勤做功课的话，你会发现更多值得投资的第二线优质股，又何必去冒高风险买劣股呢？
Kindly translate for the benefits of everyone.

至于劣股，价格虽低廉，却犯了“前途无法预测”的投资大忌，风险太高，也买不得。只有第二线优质，还有不少价值被低估，买进作为投资，风险低回酬高，进可以攻，退可以守，故我主张大家买第二线优质股。
我在“如何发掘第二线优质股”（2月20日）一文中，提出第二线优质股必须具备的5个条件，许多读者认为这类股票难找，大家觉得难找是因为大家都把注意力集中在热门股，热门股的价格早已充分反映其价值，价值被低估者寥寥可数，要找符合5个条件的股票，自然是难之又难。如果大家把注意力转移至交投较为稀少的股项，你会发现，具备5个条件的第二线优质股，不会少过一百家。
不买太过冷门股票
所谓“交投较为稀少”的股票，是指每天成交量虽不高，但仍买得到的股票。我不主张买太过冷门的股票，因为太过冷门，买卖都难，资金容易被困，动弹不得。例如石矿化学（RC1）是一只第二线优质股，在1令吉60仙的水平，价值肯定是被低估，但如果你买进10万股的话，要脱手难之又难，如果不是其母公司美佳第一出价2令吉10仙，将其私有化的话，小股东可能长期被困，所以，我主张只买虽然不是热门，但每天最低限度还有数万至十数万股成交量的第二线优质股，原因在此。
多元电子力争上游
你还是认为“交投较为稀少”的第二线优质股难找吗？让我随手举一个例子，多元电子工业有限公司（Multi-Code Electronics Industries (M) Berhad，简称Multi-Code，工业股）就是一只符合所有5个条件的第二线优质股。
第一，有合理的盈利：多元电子过去2年的每股净利为2010：21.16仙，2011：19.48仙。到2012年7月31日为止财务年的首2季，每股净利已达12.10仙，预料下半年将高过上半年，全年每股净利不难达到25仙，符合“有合理盈利”这个条件。
第二，有合理的股息：该公司上一个财务年派发5仙的免税股息（分两期派发，每期2.5仙），今年已派中期股息3仙，预料年终股息仍为3仙，全年股息预算为6仙（免税），以目前1令吉10仙的股价计算，周息率为5.5%，（每1000令吉的投资每年可以取得55令吉的免税股息），比银行定期存款利息更高。预料跟着盈利的上升，股息亦将逐步提高。
第三，现金流平稳：去年现金增加1000多万令吉，现金流入平稳。在今年1月30日第2季结账时，手头有1231万令吉的现金，仅欠银行720万令吉，对销之后，手头净现金为511万令吉，而在720万令吉的负债中，长期负债（1年以后才摊还）占571万令吉，在现金流入平稳的情况下，财政情况可谓极佳。
第四，本益比低：以目前1令吉10仙的股价，去年19.48仙的每股净利计算，本益比为5.6倍。今年的每股净利如果能达到25仙的话，预期本益比仅为4.4倍，可谓偏低。（我的要求是本益比8倍以下）。
第五、有成长潜能：该公司过去2个财务年每年的营业量约为1亿令吉，净赚率约为9%。该公司最近与国产车公司签订一项为期5年，价值1亿2500万令吉的合约，每年供应

Bro Kian Wei,

第二线优质股不难找
Author: Tan Kian Wei | Publish date: Mon, 24 Sep 17:45
________________________________________

2012-05-10 12:12
要在股市赚钱，你必须遵守一个原则：你所买的，必须是好股，而买价必须便宜。
一只股票，无论怎样好，如果价格太高，也不可买进。因为价值被高估的股票需要更长的时间，价值才能追上价格。而时间就是金钱，浪费时间就是浪费金钱，浪费金钱的人，不可能致富。
劣股一概不买
你的资金无论多么雄厚，总是有限的，要致富，必须让你有限的资金，赚取最高的回酬。投资者只应买价值被低估的好股，其理至明。
至于劣股，我的原则是一概不买，理由是前途难以预测。
买股票就是买公司的股份，买股份就是参股做生意，参股于你无法预测其前途的生意，愚不可及。
投资的一个重要原则是先保本，后赚钱，惟有能保本，才能赚钱；如果连“本”都不保，还奢谈什么赚钱？所以股神巴菲特的第一个投资原则是不赔本，第二个原则是不忘第一个原则。
所有投资都有风险，而股票投资风险尤高。所谓“高风险”只不过是指亏本的机会高过赚钱的机会而已。
2因素造成“高风险”
“高风险”基本上是由两个因素造成：
第一个因素是一些投资本质上（By Nature)风险就较高，例如股票投资本质上就比产业投资的风险高。这是投资者无法改变的事实。
第二个因素是投资者多数缺乏遵守一些最简单的投资铁则的意志力。铁则之一就是非好股不买，铁则之二就是非价廉不买，铁则之三就是坚持长期投资。
如果能做到低价买好股作长期投资，股票投资的风险其实相当低，回酬相当丰厚（不亚于产业）。而投资也是件轻松愉快的事。
冷眼方程式：反向+成长+时间=财富，实际上就是三铁则的体现。如能身体力行，很难不赚钱。
二线优质股风险低回酬高
为什么我建议大家选购第二线优质股？因为我认为大部分蓝筹股，其股价已反映其价值，有者价值已被高估（本益比20倍以上），违反了“只买价值被低估股票”的原则。

If I m not wrong, cold eye had written something on this stock before...it qualified as good second line stock.

Ram, fully agree with you.

The fittest survives. Tony is capable of fending his rivals. Just wait and see.

When I buy a share, I set my own TP - certain percentage depending on the company performance and market sentiment. TP from the research houses act as a guide only.
For Kfima, i am considering entry at below RM 2.

• Sustainable prospects. We are positive on KFima‟s segments portfolio as the next phase of growth focused on its food division (revenue +34.9% y-o-y, +24.7% q-o-q) has begun to materialize through higher sales volume. The bulking division has also performed better (revenue +15.8%, PBT +29.6% y-o-y) from higher throughput of edible oil and base oil products. Management has expressed challenges in the economic environment ahead, with anticipated variation in the edible oil transshipment business arising from differential export duty structure between Malaysia and Indonesia. Assuming the reduction in throughput would be offset by increased transshipment activities in base oil and import of industrial chemical products, utilisation rates to would be maintained at the current levels.
• Optimistic outlook on plantation contribution. KFima‟s expansion plans also focuses on growing its plantations division through continuous potential acquisition of brownfields. The division‟s current quarter results were poor, affected by its Indonesian subsidiary PT Nunukan Jaya Lestari‟s shortfall from lower sales volume of CPO (7,205mt at RM2,725/mt avg. selling price net of duty vs 12,586mt at RM2,738/m in 1QFY12) and no sales of crude palm kernel oil this quarter. In spite of this, we believe plantations as the third largest contributor to KFima‟s PBT (22% contribution) still has vast opportunities to contribute to KFima‟s performance in the long-run, as their trees are still at its early stages of maturity and some being new plantings.
• Maintain Outperform. We continue to believe KFima is undervalued at FY13F forward PE multiple of 6x, trading at a discount to its peers. For a 5 core business structure company we maintain our view of further upward pricing opportunities towards our TP of RM3.21 with 46% upside.

Source: PublicInvest Research - 3 Sept 2012

Pradeep, are u referring to the one appear on 3 sept.
KFIMA - Anticipated Reduction
Author: PublicInvest | Publish date: Mon, 3 Sep 12:10
________________________________________
Outperform | 12-Month Target Price RM3.21 | Current Price RM2.20 | Expected Return 46%

For 1QFY13, Kumpulan Fima Berhad (KFima) registered a decrease in revenue (-8.8% y-o-y, +7.4% q-o-q) to RM116.6m from RM127.8m in the previous year with PBT falling (-25.1% y-o-y, -6.9% q-o-q) from RM49.5m to RM37.1m. The reduction was mainly attributed to the group‟s plantation division affected by depressed global crude palm oil (CPO) prices and lower revenue from its oil palm production and processing activities.

Despite the reduction in 1QFY13 results, we remain bullish about KFima‟s performance going forward on the back of i.) a well-diversified business structure, ii.) potential expansion plans, iii.) sum-of-parts (SOP) valuation being undervalued coupled with its abundant free cash flow position which we estimate will continue to exceed the RM100m per annum benchmark. We thus maintain our Outperform recommendation at TP of RM3.21 with 46% upside also bearing in mind PBT has achieved 20.6% of our full year FY13F forecast earnings.

Tony is capable to look after AA and make it a strong regional co.

chongkonghui/tuniamasingh, i m with you.

NZ, good to have you back. Cheers.

Very good idea. combine resources to strike.

MC, fully agree with you. If you stand for election, i vote for you.

Good show. Later on, you can choose and pick.

I think so...only few sen only.

fandi, wait and you will get good price.

Tq for the article.

pl waiting for the price to drop further before going in.

I am watching Genting,YTL & Pharm.

Buying opportunity.

euscilyn, 1 bonus share for 4 existing shares. No date yet but it should be soon bcos the resolution was passed at EGM.
If you holding 1000 shares, you will be getting 250 bonus shares. Say, if you bought 1000 shares today @ 1.85, your cost is rm 1850 (excluding charges). So your average cost will be 1850/1250 = 1.48.

aunloke, after bonus to reach RM 2.20, it will take some time. The 52 week high pre bonus is only RM 2.19.

jantzen/euscilyn, like lcng123 said...list and total up all your dividend vouchers as per hk3. You do this only when the time for you to submit ur tax return.
The total gross amount of ur dividend will be lump together with ur other income to compute the tax payable(A). From the tax computed, then you less out/substract the 25%(B-tax deducted from div).Say, if B is more than A, you entitle to refund.If A is more than B, then you have to pay the balance of tax.
For person who is not carrying on a business, the latest date of submission is 30 April. For person who is carrying on business, the date is 30 June.

jantzen/euscilyn, resolution regarding the bonus issue was passed at the
EGM on 30/08/2012. But the entitlement date not determined yet. That means you will be eligible for the bonus shares if you buy before the date.

Return on equity is very impressive -
2008 - 6.94%
2009 - 8.92%
2010 - 13.18%
2011 - 23.23%
2012 - 26.4 %

Bro NZ, this forum need ppl like you who is hardworking to conduct research and share with all of us. Forget about those noises and unpleasant remarks. Remain focus. Your effort is much appreciated. Be a great person, a great person should be able to with stand all types of remarks. Bro CP Teh is a good example. Friend stays on.

CP Teh, keep on writing. i am with you.

If you are holding 1000 shares.
You will be getting gross div - RM 150 LESS Tax @ 25%...net rm 112.50.

System Admin, keep up the good work.