Fandi and KC Loh, you all will be laughing all the way to the bank next week. If not, I will dissapear from this forum. Anyway who cares? As long as we have made money and enjoy the excitement here.

If people can compare a RM260 million net cash company with Sumatec and Petra which has long been famous with high gearing, then you must trust that person words because they have made the wise comparison.

yes Kfima is a very BAD company with P/E trading at lowly 7 and the managemnet is so BAD that they have left behind RM260 million in the company's coffer. Yes, the company will record more and more bad result from current quarters to future quarters.

QUICK SOLD ALL YOUR KFIMA !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

look at Kfima Result it is very godd indeed

EPS 7.80 this quarter annualise = 31. 2 sen

NTA 2.17, Net Cash 260 million

and it is trading at very cheap P/E 7

KC for (1) & (2) confirmed is correct since Fima Corp is Kfima's subsidiary. (3) and (4) is my prediction. This quarter result should be worst than last year same quarter but should be flat against last quarter this year.

EPs should be around 6 sen for this quarter. NTA will increase to 2.15 and Net Cash will be around 260 million.

my prediction for Kfiam result tonite:-

profit Before Tax:

(1) Manufacturing RM15.2 million

(2) Plantation RM7.2 million

(3) Bulking RM8 million

(4) Foods 4 million

Total RM34 million before MI.

EPS 6 sen per quarter or 24 sen per share per year.

(1) & (2) contributed by Fima Corp EPS 22 sen per share per quarter annualise 88 sen. Fima corp reoprted the result last night.

Sold my bonia at 2.64 and. Buy Kfima at 2.17.

KC loh is perfectly correct CPo price now is 3,100.

Plantations company announced last quarter result it is well known fact that last quarter result most plantation companies recorded reduced profit but still a good profit. Do not forget that cost per tonne for most of the plantation company is RM1,500 per tonne, eevn the selling price of CPO dops to 2,500, the company still record good profit.

Stock market is about future!!!!!!!!!

Hi all, allow to clarify here.
Actually Kfima is not a pure plantation company. Palm oil business only contributes about 33 % of the total profit for Kfima. What I wish to highlight here is that the average age for her palm oil is 7 only years old whuch is relatively young at this moment. Thr palm oil division will start generating huge income in few years time. Actually most plantation company has started reporting decline profit for 31/03/2012 reporting business but Kumpulan Fima and Fima Corp remained unscathed.

In fact, bulking, security printing and now food business especially tune business are doing well and contributing about 67% of the total profit forKfima. Not many propel know that Kumupulan Fima's subsidiary Percetakan Keselamatan Nasional is actually appointed sole agent printing "money note" for Malaysia government and also confidential documents. What excite me is that Malaysia governemnt will come out with the 4 generation Ringgit note and that will certainly boosting the bottom line of the company

I am concerned about the fundamental of one company rather than short term volatility of a stock price. When PNB selling Bonia's shares I advocate to buy. Why? because I alredi done my homework and nothing else. I am not smarter than the chaps working in PNB but I can safely say that I am 100% hardworking than them.

No problem. NT, I will be attending Kfima AGM next month hope to meet you there and later we go for makan.

Very strong support at 2.28. Fandi now is a share expert here. Know to enter when is the best time.

You are welcome Fandi. In fact I am still holding on Bonia.

Fandi,you kayalah.

NT, if it materialise, WEIDA should trade around 1.60 which is about NTA 1.60.

Fandi,

Last year EPS for Weida is 19 sen vs 17.01 sen (2010).

The share price at 1.40 is trading at p/e 7.5 which is relatively cheap.

They are going to announce 1st quarter result 2012 very soon. Last year the company recorded RM2 million profit in the same corresponding period. If the company can record net profit RM8 million this time, this will be 4 fold profit increase if compare with last year.

Dividend wise, they have announced 4 sen per share =RM40/1400=2.8%. and it si lower than FD.

Fandi,janganlah merajuk.

Anyway you can always monitor the counter. Results does not lie.

Fandi, no point to engage any war path with anyone here. Not worthy. We are here to make money by investing in good stocks,. The rest is not important.

Ha ha better do your homework first before trusting Najib Zamry too.

CP heard that few big boy has approached Weida's big boss to buy over the plantation unit and the negotiation is still on going. If this news materialise, it should provide good catalyst to the stock that means Weida will beocme net cash company. Do not forfet that Weida still has core business. So the valuation of the company should be higher than the NTA of 1.60+. Operating wise, we shall know the result shich is going to be released soon.

CP heard that few big boy has approached Weida's big boss to buy over the plantation unit and the negotiation is still on going. If this news materialise, it should provide good catalyst to the stock that means Weida will beocme net cash company. Do not forfet that Weida still has core business. So the valuation of the company should be higher than the NTA of 1.60+. Operating wise, we shall know the result shich is going to be released soon.

You are right KC. Felda's management still in the cloud nine after the listing. For me, only earnings can support the share price and good earnings can only come if they have good management.

Lim,I just read the news of Felda wants to buy big stake in Sarawak Plantation. May be they should look at WEIDA'S plantation in Sarawak as well. Very young age and should be contribute positively to Weida's earning in a few years time. In fact Weida's plantation value alone is higher than her market capitalisation. What i dislike the company is the high gearing.

If you have patient... Weida would be the next star

Fandi, same to you too. Yes, I will be attending the AGM if time permits. Have a good holiday ahead.

Thanks KL Foong,myone 99 and JTPC2006 for the nice words and greetings.

Have a good holiday ahead my firend.

Selamat Hari Raya Aidilfitri Maaf Zahir dan Batin.

Have a nice holiday and remember to drive slowly if you are going for journey tonite.

If one never do their own homework and depends on other tips, no matter how quiet or how hot is this forum, the chances of winning are still very slim.

This year they are declaring 8 sen per share. RM80/RM2300 = 3.47%.

This amount is slightly better than FD. In fact, Kfima has started increasing the dividend payout.

In fact,one has to study the history of Kfima and then you can comment on the dividend payment.

Credit must be given to Bahsir Family which has turnaround Kfima from a bad apple to a well established company in a short 5 years.

Myone, if you were to check my view on Kfima early June this year as posted in the forum here, I qoute " Kfima NTA now stood at 2.07 and net cash per share is 0.90. Based on the record, NTA for KFima had increased from RM1.67(FY 31/03/2011) to RM2.07(FY31/03/2012) that means the increase of 0.50 in a year. If the history repeating this year, that means Kfima's NTA can easily reach RM2.57, even if you chop the increase of NTA by half you will still get RM2.32. Do not forget that the capability of the company generating huge cash flow in one year. Last year alone te net cash of the company has increased from RM196 million to RM270 Million.

If one company NTA and Net Cash keeps increasing, the share price ultimatley has to follow."

Also Kfima EPS is 30 sen per share. Even if the company records a drop in profit by 15%(worst case scenario)the EPS still stood at 25 sen.

Edmund,ha ha. I dun predict stock without doing my homework before.
Actually I do not have to predict the direction of Kfima since the company's fundamental remains sound & solid and I can tell you that this is one of the best mid-cap company in Bursa Malaysia that one can ever find. This is the only company that I can say has chalked up good profit growth for the past 5 years (cagr 20%) without a break and the strong ability to churn out huge positive cash flow has put this stock that one must hold. I will only sell this company if the result turns bad and the growth has pause. Otherwise, I will average up in this stock as the valuation remains damn cheap.

Rose, I have not clue at this moment when they are going to release the result. Btw, I am planning to form a group to meet up with the management. Anyone interested to join please let me know. If you have any question to ask, please post here. The meeting most probably after Raya.

Perisai result just out....

For the financial period ended 30 June 2012, the Group generated total revenue of RM94.43million, an increase of RM60.37million as compared to RM34.06million in the corresponding period ended 30 June 2011.

The profit before tax for the current period amounted RM52.46million which represents an increase of RM37.05million as compared to RM15.41million in the corresponding period ended 30 June 2011.

For the financial quarter ended 30 June 2012, the Group generated total revenue of RM47.92million, an increase of RM31.01million as compared to RM16.91million in the corresponding quarter ended 30 June 2011.

The profit before tax for the current quarter amounted RM26.27million which represents an increase of RM18.1million as compared to RM8.17million in the corresponding quarter ended 30 June 2011.

The increase in revenue and the profit before tax for both current financial quarter and period ended 30 June 2012 was mainly due to the revenue and profit contributions from:

i. The Mobile Offshore Production Unit (“MOPU”) under Garuda Energy (L) Inc a wholly-owned subsidiary of Perisai; and

ii. The offshore support vessels under the Intan Group which is a 51 % owned subsidiary of Perisai.

Ahmad Khan,around 2.28 for 2nd bet should be ok.

My first bet for Kfima is 1.82 and now for 2nd bet I am average up.

The coming result will de the determining factor how high can Kfima go.

http://research.maybank-ib.com/pdf/document/Perisai_CU_20120815_MIB_1863.pdf

Read this from Maybank. As mentioned before, I met them during road show last week.

Be patient and you shall reap the great harvest.

NT if the result is good, Kfima should be able to reach 2.50-2.80.

No problem at all KC.

I am not surprise if they push it down first. Why? my guess is another merchant bank will initiate buy on Kfima after Public Investment Bank and by pushing it down now and when the report out you will see the uptrend again.

Hi KC, the 7% is last year payment. This year 8%/share not yet out but definetly by this month.

We have seen Kfima drop from all time high 2.50 to 2.28 now but volume remain thin at this moment. Again, they will announce the 8 sen per share dividend anytime from now together with the result. Kfima is still my no.1 darling stock.

Raymond, by tommorrow we shall know this company fare. Btw, they come to HK for roadshow last week. Met up with the management.

(1)Zhulian
(2)Kfima
(3)Weida
(4)Perisai

Should see further uptrend supported by up coming good result and dividend announcement.

for tghis week, the first result to be released Perisai tommorrow (15/08/2012)

Perusal will announce result 15/8 wednesday. Heard that the result q2 vs last year q2 increase more than 50%

If one were to look at plantation alone it is already worth RM 240 million alone and this is not core business of Weida. Weida 's market capitalization is only Rm160 million. So you can calculate how much is Welda worth. My target price is RM1.80

This stock is under my "speculative" category. P/E still at reasonable level 8 and below NTA 1.60. Not for dividend play definetly.

It seems that something is brewing for Weida. Not sure how realiable is it. NTA 1.60. Can monitor and nibble around 1.39.

I always advocate sell half and keep half. Anyway, Zhulian is still one of my jewel.

KFima the gem of the gem at last unearthed!!!!!!

Safely to say that Zhulian will resume up trend on Monday with target price of 2.24to 2.30 in immediate term....

http://mobius.blog.franklintempleton.com/2012/07/25/malaysia/#more-1604

Fandi, kalau senang dapat, saya awal awal sudah kaya. Hanya dua situasi hang dapat beli dengan harga yang murah:-
(1) Bila PNB jual, ini mesti tengok nasib,mugkin stu bulan sekali
(2) Bila pasaran terlalu lembab.

Sabar, sabar dan sabar.