can i follow the lessons u guys are having as well?

Can someone clarify my statement, does strengthening of USD do any good to this counter? Because in their quarter report i didnt see they have realized additional gain due to strengthening of USD

Volume has increased and buy rate about 60%. Does this means that uptrend is coming? I saw some ppl queue for 1.76 before market open. lol

Mr kcchongnz,
What implications does capital repayment to mother share do to warrant? Does it dilute the warrant?

sell down of ytlp would begin

It amazed me that LBS bought back share at 1.66 and 1.67 level. As if the company thinks that the share is still not expensive at this level? Jupiter securities just gave a buy call at 1.66 as target price is 2.33 to 50% discount at 4.66 RNAV

Never, they are busy with court case. And calculating secret profits arising from land sales for the directors

They only have agreement with Johor to have the right to reclaim the lands only. The report is from CIMB, states about the projects they have, the shareholding status. The sacked brothers hold a large portion of shares, which is a threat as well.

if I am not wrong IPO price was rm1. means every shareholder of benalec is in loss now? if u had a look at CIMB report back in july, they are very bullish about this company even without pengerang project.

the employees also lost the value of ESOS shares granted. And yet the company is doing nothing for the sake their employees. By the way does anyone know what project they are having in Johor? They are hiring engineers to work in Johor

Some ppl sell 5000 whole morning no ppl buy. CNY coming soon. Expect sales order to rise for next quarter?

i bought since july. price still 1.6 no change. going to dispose after december

I am not sure about the payout. Whether it is special dividend or capital repayment. anyone can explain?

Announcement made in bursa already. Approved to dispose. If follow the trend of LBS, this would shoot up in the following weeks

Haha. Thanks scjm3 for your kind words. Short term investment become long term for a beginner like me who doesnt know TA.

Thanks MR OTB for your information. Still a lot to learn from u

Mr OTB,
Would u kindly share your view about how to spot whether the price is manually pushed up from 1.64 to 1.69?

Anyone mind to give their company an email or call to ask about their project status?
Last month they have made announcement to propose 2 sen dividend and share buyback for 10%. U can check for the announcement for this company. All is yet to be decided in the AGM

Noted with thanks. I am still in learning stage. THanks for clarifying my doubts.

scjm3 , benalec is forming lower lows, same pattern as LBS. would it rebound like LBS as well?

Still holding and hoping

what is the next resistance? 3 sen div with 25% tax on 3rd dec

OIC. THanks for your kind explanation =)

matrix, may i ask. normally breaks above the certain price means the price must be equal and more than the price right? if it breaks above and drop back is it considered as a buy signal?

Thanks for pointing out my mistakes in the valuations. What formula did u use for calculating FCF? In what percentage range of FCF is considered satisfactory?

no dividend. u sapu liao also no use.

MR KC,
Have you had a look at PRLEXUS?

after AGM

Prlexus

Graham's number: (81158/74200)*0.1156*22.5)^0.5 = 1.68, current price 1.08. I used quarter EPS 0.1156 instead of whole year eps 0.40.

Net net: Cash = 28900 100% 28900
Trade & receivables 23744*0.75 =17808
Inventories = 17903*0.5 = 8951.5
PPE= 41435*0.5 = 20717.5
Total Liabilities=33774
Net net = 1.14
Current price 1.08
NTA 1.09

Mr Kcchongz. can u kindly review the above valuations either it is correct?
Because the business seems undervalued so far.
Note 3 sen dividend has been declared. Due 13/12/13

DIv 1.5 sen

share price supported 1.59. Graham number give 1.6 based on last quarter EPS. Quite reasonable.

Proposed 2 sen div and 10% sharebuybacks at AGM. I dont see this stock has deteriorated fundamentally. just investors fear at the moment. can buy more

profit up 19% when will them declare dividend?

maybank bought millions of shares at 1.25. now drop till 1.05. how much maybank has lost?

The company and director performed share buybacks. it is a good sign

Matrixcool, any idea on PJDEV? uptrend since Oct

Graham's number = (Total equity/outstanding shares * eps * 22.5)^0.5
= (245078/288227 * 0.072* 22.5)^0.5 = 1.17
Current price 0.73 at least 20 sen gain.
Quarter result expected to release next week. Expect more gain in EPS. Just price projection of mine based on formulas.

Thanks Mr kcczhongz. I only had 8 months of trading experience and my losing is more than earning so far. Hence i would like to learn the art of value investing from you.

In the net net valuation for Insas why PPE are taken only 30% percent to its value instead of 50%?

If a share is trading below its net asset per share, does it means that the share is undervalued? or we have to take into account of their cash balance as well?

what is the contract worth?

everyday drop 3 sen drop till underwear also got hole jor

no news is good news. i will only check announcement for news

the management always buyback around 1.7 and below.

Thanks matrix as I was looking at the MACD for salcon has crossed positive, RSI and stochastic showing uptrend. As your chart reading gave an idea of how to trade the stock. thanks again =)

matrix has u had a look at Salcon?

I am still holding too. but techically LBS is very bearish. dont know where is the ending point of fall. it falls a few cents every day

shouldn't be affecting now. ppl selling because of fear. but now TTM profit has already beaten last year quarterly result. after 3 months u guess how much profit can LBS accumulate? and by that time how much dividend it will declare again? just technically LBS is downtrend, accumulate might be a good strategy

no volume gain 16 sen. really wonder

Quarterly result should be around the corner. Last year around 21 NOV. Profit to date has already beaten last year total profit. Hence, price UP!

has anybody had a look at salcon?