As at 30Sep2013, Plenitude has RM396Mil cash. I am wondering how they are going to utilize so huge cash? keeping it in the bank and trust fund for just 3-5% return? During the EGM, they do not mentioned about the huge cash. For those who kept this counter for a couple of years, if we exit now, we may lost the chance to enjoy the huge cash. Since they can submit a good financial result every year, I am prefer to wait and see... at least to enjoy some portion of RM396Mil cash.

I bought it at 4.00 on Mar 2010 and already received 4 times dividend (35sen + 35sen + 39sen + 32sen). With total shares 64Mil, may be it will declare bonus issue soon.

I am upset to see MKH is flying today as I am still accumulating it. May be I need to pay more to accumulate it.

我不认为买信托基金回酬会好过自己入场买股票，我本身就有遇上了。所以现在的我绝对不会买信托基金。

What I mentioned is true. Look at the latest Q1 and Q2 result, you will know how TDM perform at this moment. Do you think TDM worth 80sen at EPS 0.59sen (2Q earnings, loss in Q2 2013). Plantation is the TDM major business, only CPO price up can help TDM perform well, BUT when CPO price will up?

Normally, they declare dividend in Apr and Dec every year.

Plenitude will held AGM on 31 Oct. Those who attend the AGM, please raise up a question why Plenitude kept high cash for a couple of years. They just sold 15 parcels of land in KL and received RM49.2 Mil cash. If no further investment plan, please request them to give us higher dividend.

TDM no hope unless CPO price rebound to above RM3000.

公务员，特别是马来人的钱是最容易赚的。马来人居安思危的意识太低，这些都是政府培养出来的。

In fact, at this current price, TDM was overvalued. The 2013 Q2 result will be out soon, I can foresee the result will be poor compare to Q1. Look at the newest result announced by other plantation counters, all of them got poor result compare to previous.

Magni going to declare another 8sen dividen in coming Sept, making a total of 13sen dividen annually. It will jump gradually until dividen declare.

TDM Q2 production output (compare to Q1) : FBB drop 15%, CPO drop 9% and PK drop 19%. Look at June output, I don't think Q3 will be improve. Right now, TDM finacial result (RM14.2M X 4 = RM56.8M) was the lowest for the past 5 years.

2012: RM149.0M, 2011: RM214.9M, 2011: RM129.2M,
2009: RM77.5M, 2008: RM140.7M

If based on last year lowest price @ RM3.20 (before bonus and share split), the TDM price should be drop to RM0.53

The 2013 Q2 result will be announce in August. You all better wait and see. Unless the healthcare business get better, otherwise the result worse compare to Q1 (5.75sen/6 = 0.96sen). Platation business will be getting bad due to lower output and lower CPO price.

I bought TDM on 18/09/13 at RM3.65 (before bonus & share split). At that time TDM EPS was 16.22sen. I sold partially at RM4.33 and RM5.05. Finally I sold all at RM0.97 (RM0.97 X 6 = RM5.82) 2 days ago. With EPS 5.75sen (2013Q1), TDM was overvalued at current price. Look at calculation below: TDM 2013Q1 net profit was RM14,196,000, yearly will be 14,196,000 X 4 = RM56,784,000. EPS = 56,784,000 / 1,481,661,680 = 3.8sen/share. PE = 90/3.8 = 23.7.

Do you all think TDM worth RM0.90? If you calculate back before TDM bonus issue and share split, the price will be RM0.90 X 6 = RM5.40. Do you think TDM worth RM5.40 at current situation with lower monthly production output and CPO price stood at RM2,158. EPS at 2013 Q1 was 5.75sen, the 2013 Q2 will be lower than this.

According to the financial result, KSL is worth to invest. However one thing I am worry is privatisation of company unless they offer good price.

I am worry the major shareholders will pull down the share price and offer other shareholders the lower price for privatisation. If they do offer according to the NTA, I would happy on it.

Anyone here will attend KSL AGM tomorrow at KSL Resort,JB? Please help me to ask whether KSL major shareholders will privatise KSL near future. I am worry KSL will privatise soon.

If Compare to Tomei, I think Tomei more attractive with dividend 3.5sen pa (dividend yield 4.67%). Poh Kong's dividend 1.4sen pa (dividend yield 2.85%)

Favco is flying today, closing at RM1.76 right now.

Me too, very unlucky. IGB Reit going to be listed on 21 Sept. We still can got it from open market.

I think Hong Leong Bank will be one of the best Share Broking Firm. HLB Broking offer 0.1% brokage rate with min RM8. Upon open an trading account, You will be given a trust account and you need to bank in your fund before trading. The balance of fund in trust account can even enjoy interest of 2.6% pa. Very close to FD rate, not bad.

Tomei hit RM0.945 on 17/02/2012. This stock EPS 22.5sen in FY2011 with low PER 3.33. The financial result in Q3 2012 (will be announced in Nov 2012) will be excellent due to Hari Raya Puasa (you may refer to Q3 FY2011) and gold price shooting up recently. Hopefully the share price will shoot up later.

I didn't said what analysts said is correct. I Just worry FGV has a lot of mature and old palm oil tree and need to be replanted. This will caused FGV not able to generate profit for next 5 years.

FGV drop below RM4.70. As Analysts said FGV has a lot of mature palm oil tree and need to be re-planted. The re-planted job incurs high expenditure and then at least 3 years loss in book plus another 2 years breakeven. FGV only be able to generate profit after 5 years. Like MKH, thhey started plant palm oil tree in Year 2009 and till Q2 2012, they still facing loss in Plantation sector. You wanna invest in a company that have to wait for 5 years to get profit or looking for another companies that can generate profit anytime from now.

Diablo88, I agreed wit Jonatan. A good company is NOT necessary a good counter for us to invest. Some companies very strong in generating revenue and gain a lot of profit from business, BUT they are very stingy to share its profit with shareholders. They kept company's money in the book and waiting for the correct time to MAKAN it into their own pocket. They sell their own personal properties to company with higher price. These happen in companies like Dijaya Corp and Kretam.

The result was announced in today's newspaper. If you apply for 10,000 units, you are in 6,000-10,900 units category with successful rate 7.14% and allocate with 6,000 units.

Yes I do agreed with your point Captros, that's why Fajar involved in property development right now which is can get higher profit with their own construction team and the property demand always there especially in near KL area.

euscilyn, let me answer your question. By next week, you can check your bank account. If the amount you used to apply IPO is credited back into your account, that mean you are unsuccessful, otherwise I might congratulate to you.

No matter how, Fajar still got RM925 mil construction projects and 2 property projects worth RM730 mil (Puchong & Sentul) to be launched next few months. We looked at these 2 property projects, the main contractors of these 2 property projects are Fajar subsidiaries construction company, so it can generate higher margin for Fajar. RM730 mil can generate net profit RM73 mil (estimated 10% net profit or may be even more) with EPS 38sen. Whatever loss in FY2012 can cover easly by this margin. Fajar has changed his strategy where construction & property sectors work together to generate higher margin for the group. So I planned to buy in more when price drop further.

Gold price go back to above USD1,700 currently closed at USD1,711.62. Tomei's 3Q 2012 will be better compare to Q2 2012 due to bulan puasa in July & Aug. Tomei recorded EPS 7.54sen Q3 2011. Any comments ?

euscilyn, I give you an idea. To decide whether buy Hua Yang before ex-bonus or after ex-bonus, you have to study the market trend a few days before ex. If market is in uptrend, the price probably be up after ex otherwise you better buy it after ex. However, all these depend on market investment climate after ex date.

euscilyn, do not ask people when should buy in or sell out. Make your own decision. Nobody will know when is the correct time to buy in or sell out.

Very close to its IPO price.

I agreed. FGV will drop to below IPO price soon.

online trading's brokage rate as low as 0.1% with min RM8 compare to traditional trading 0.7% with min RM40, which one is better?

euscilyn, luckly you didn't buy Hua Yang yesterday. You will save some money if you buy at RM1.85 now compare to yesterday's price at RM2.02 although you can receive RM112.50 (after less tax).

euscilyn and jantzen: regarding the dvidend issue, you just fill up the info in Hk3 based on the dividend slip that you had received. You no need to show the original dividend slips to income tax officers unless they request you to do so. The refund will be received within 2 months. For bonus issue, the reference price of the counter will be adjusted and Earning per share (EPS) of the counter will be affected too. So don't be happy if a counter declare bonus issue.

FAVCO received purchase orders for 2011 & 2012 :
17/02/11=123.2 mil
12/04/11= 89.5 mil
19/05/11= 50.3 mil
09/06/11= 70.3 mil
27/07/11= 79.3 mil
04/08/11= 93.4 mil
19/12/11= 72.3 mil
Total in 2011 = RM 578.3 mil (contribute to FY2011, FY2012 and FY2013)

05/04/12=102.1 mil
18/05/12= 60.1 mil
25/06/12= 71.5 mil
08/08/12=110.4 mil
04/09/12= 89.6 mil
Total in 2012(so far) = RM433.7 mil (contribute to FY2012, FY2013 and 2014)

euscilyn, you are very new to the market. You have to learn how market practice with dividend declare, bonus issue, right issue and etc. All these will affect the reference price of a counter. If you are not a income tax payer, and you wanna enjoy the dividend issue, you better buy counters with dividend tax-exampted because you will unable to claim back the 25% tax dividend. So Hua Yang case, Gross dividend was RM150/1.000 unit, but the netpay was RM112.50 only (less income tax RM37.50). You can claim back RM37.50 in HK3 when you submit borang B/BE.

Today closing price was RM2.02. If you buy today, you can get RM112.50/1,000 unit of Hua Yang's dividend (after 25% less tax). Tomorrow the reference price will be RM1.87, it will be better if you can buy at this price.

Dato' Ir. Low Keng Kok has disposed 2mil units n Aug and transfer 4.1mil units to Dato' Sri Ir. Kuan Peng Soon. We don't know the story behind this transaction, but one thing be sure is the other major shareholders is still holding the company's share.

Result not that bad. Thanks to Property's contribution. Sharply decrease from Plantation's contribution.

According to the company's announcement, the drop in revenue in the current quarter was due to deferment in site possession and the delay in handover of full work areas for 4 awarded projects as well as slower progress at site for several construction contracts undertaken by the group. The group has uncomplete construction project of RM925mil and going to be launched the property projects in Puchong (RM500mil) in 2nd half of 2012 and Sentul (RM203mil) in 2013, so all these will contribute positively to the group in the next financial year.

I do agreed Hap Seng is a fundalmental stock and for long term it worth to be invested, but Q2 2012 result will be not so good compare to Q2 2011. This is my point of view and we wait and see.

If you talking about the harvesting of palm oil, I have you the figures. Q2 2011 (Apr+May+June)total FFB=199,805ton, CPO=45,055ton, PK=10,387ton and Q2 2012 total FFB=133,118, CPO=30,688, PK=6,781ton. FBB drop 33%, CPO drop 32% and PK drop 35%. Furthermore, CPO price just getting up recently, not in Q2 2012. Please compare average CPO price Q2 2011 (RM3,300) and Q2 2012 (RM3,000). With this figures, do you think Hap Seng will get good result in Q2 2012 compare to Q2 2011?

Yes, you are right. They have very diversified biz, but if you look at Q1 2012 Result, plantation sector occupied 37% (RM59Mil) of the Profit before tax (RM158Mil). Property 35% (RM56Mil) and credit financing 13%, Fertilizer trading 9% and others 6%. For Q2 2012, almost all the palm oil companies profit drop 50% or even more. Just imagine if Hap Seng plantation sector profit drop to below RM30Mil from RM59Mil...

所以我很不喜欢阿南达这个人，他就是喜欢玩上市，下市，然后又上市。所以他的公司我从来不买。MAXIS重新上市了，最近ASTRO又要重新上市了，接下来还有.....

若要投资没失误，各位要仔细阅读年报，特别是Profit & Loss, Balance Sheet及 Cashflow这几项。有些公司呈报年年赚大钱，股息却给少许，NTA越来越高，有得看没得吃，那你们就要小心，他可能是下一个Tranmil或Megan了。

I don't think so. Their 2Q profiit going to be drop especially HSP Plant as you can see almost all the palm oil companies profit drop.