nikicheong

nikicheong | Joined since 2017-02-10

Investing Experience -
Risk Profile -

Followers

18

Following

0

Blog Posts

0

Threads

2,484

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
2,484
Past 30 days
17
Past 7 days
10
Today
0

User Comments
Stock

2017-05-18 23:41 | Report Abuse

Oh and by the way, it is NOT a dual listing. It is a SEPARATE listing of the ASEAN/Asian holding co that will become detached from AirAsia Bhd. AirAsia Bhd will remain listed as the Malaysian operations only.

Stock

2017-05-18 23:39 | Report Abuse

Come on lah, are you so blinded by short term gains to see that dual listing will be worse off in the long term? Don't be so greedy man.

Stock

2017-05-18 23:38 | Report Abuse

Rowie, come on lah. Tak kan you want me give disclaimer every time? It's understood on a forum people are sharing their own info based on their research (or worse still, spreading baseless rumours). If you ask me for more info, I won't necessarily want to hand you that info. Search online. Search everywhere around you. You will understand where MHB stands, and when a plausible turnaround can come, what contracts have been tendered, when said tendered contracts are due to be awarded etc.

Will I be correct/accurate in my judgement? Probably not. I may miss the boat and by the time I decide to act the share price might have run up. But the beauty of my analysis is that I am NOT RUSHING. I can wait. I monitor a certain number of stocks that are either underpriced relative to their growth, or are strong companies with depressed valuations. I wait for the price to go down further to protect my short-term downside, and I wait until such a time when a turnaround is near so that my holding period can be minimized. I can buy MHB today at RM0.95 and wait 2 yrs for the stock to hit RM2.00, or I can buy MHB at RM0.90 in August 2017 and reach RM2.00 21 months later. Now I could be wrong for MHB, but like I said I monitor a number of other strong companies so I just need to be patient, wait for that one company, and go all in. Rinse and repeat.

Stock

2017-05-18 23:30 | Report Abuse

Yeah I mean I am keeping tabs on a few companies. 4 company are on my serious watchlist...I just need to wait for one or two of them to drop further. Or if Tambun is still around RM1.50 at year's end I could get it as the time horizon for it jumping in value closes.

All in all, I take into account the time horizon and short-term protection on the downside when I choose my investment targets. I feel I can hold out and wait for a better deal in one or both aspects, with regards to Tambun Indah.

Stock

2017-05-18 21:30 | Report Abuse

I don't think results must only be out after AGM. DId they make an announcement? At the same time, it is not a good/bad thing...means nothing if they release after AGM. Not like they can play hanky panky also

Stock

2017-05-18 20:46 | Report Abuse

Ah, more than half of the "book value" is comprised of intangible assets...that explains things then. Can safely forget about this company.

Stock

2017-05-18 20:18 | Report Abuse

Walao, you call this struggling? Are you for real? This is call consolidation. Sound the alarm once it breaches RM3.35, then it's game over (i.e. secular decline).

Stock

2017-05-18 19:40 | Report Abuse

This is developer with highest profit margins and ROE in Malaysia. Land purchased 2008. Now is just 2017, development expected to continue through 2022. Imagine how much higher the profit margins could get in 3 yrs time!

Stock

2017-05-18 19:39 | Report Abuse

Hope for a drop to RM1.42...

Stock

2017-05-18 17:08 | Report Abuse

It's not market manipulation. Big guys sell to squeeze out the weaklings, then they buy in lower. Also the shorts were covered. That puts an upward pressure, tomorrow too.

Stock

2017-05-18 16:42 | Report Abuse

Today everything points to a large fund buying. Who was it? Can't be CIMB, they already have a large holding.

Stock

2017-05-18 16:39 | Report Abuse

Let's hope this is not just goreng but actual representations of improving fundamentals. No need get so excited. If results are bad it would be gapped down.

Stock

2017-05-18 16:27 | Report Abuse

Looks like their departmental store business declined but it's offset by better performance from their mall revenues. I did an online survey among Qingdao residents and apparently the Lion City Mall is considered a high end mall. You can see the photos online yourself. This mall is likely by itself worth RMB2bil-3bil.

Stock

2017-05-18 16:20 | Report Abuse

To the guy above, are you implying Parkson is over/fair/under valued?

Stock

2017-05-18 16:07 | Report Abuse

http://www.hkexnews.hk/listedco/listconews/sehk/2017/0518/LTN20170518207.pdf

Results out. Slightly better. In the green. Signs of turnaround?

Stock

2017-05-18 15:51 | Report Abuse

CIMB gives this counter strong support. Look at their funds - so many have high holdings of Hevea. Looks like Kenanga also joining.

Stock

2017-05-18 15:41 | Report Abuse

Wow guys. It didn't happen like this before. I bought in at the local minima of RM1.29. I hold till RM1.80 or till fundamentals change.

PS: Mushroom revenue if any only come in to play next year lah!

Stock

2017-05-18 13:31 | Report Abuse

Who is operator? Skagen? EPF? Someone else?

Stock

2017-05-18 12:45 | Report Abuse

Rights issue always bad. Sell and buy lower or buy OR

Stock

2017-05-18 11:41 | Report Abuse

Wah really lah. I got 7 stocks, 5 down (AirAsia, Armada, Parkson, Ikhmas, Esceram) and only 2 up (Tenaga, Hevea).

Stock

2017-05-17 23:07 | Report Abuse

Oh yeah wor, based on HKEX filing, its tomorrow!!! Damn, I want to hope...but I expect the worse. Thankfully, the share price is depressed enough that I think the worse it falls to is RM0.55.

Stock

2017-05-17 22:56 | Report Abuse

Bro, I mean how you know PRGL out tomorrow?

Stock

2017-05-17 22:41 | Report Abuse

Dammit man, rights issues are a nightmare. Stock price will always suffer (even when adjusted for the dilution). Tell me when ever has the adjusted price gone higher after a rights issue announcement? People always hate it, and rightly so.

Alas, best time to buy is when rights issue is just about completed (or just buy the OR). That's when the adjusted price is at it's lowest point.

Stock
Stock

2017-05-17 21:17 | Report Abuse

What a beauty!

Stock

2017-05-17 20:37 | Report Abuse

Guys we are nearing the end of dilution, correct? Only around 30 million unconverted warrants left, right?

Stock

2017-05-17 20:35 | Report Abuse

Btw tomorrow we have to move up. Airasia before result out very hard to predict the movement of market manipulator wannabes.

Stock

2017-05-17 20:34 | Report Abuse

Ok guys, sorry I don't read Malaysia news paper. I just read star online business section, the edge online corporate section, star weekend business pullout, Bursa filings, annual reports, analyst reports, Bloomberg and Barron's. So in these places hard for me to have a scam.

Stock

2017-05-17 19:05 | Report Abuse

PRA is gone case. PRGL is worth saving due to its high assets. Luckily Parkson Bhd is more dependant on PRGL, PRA is just a small portion.

Who say PRGL results out tomorrow?

Stock

2017-05-17 19:03 | Report Abuse

What is JJPTR? Where is it listed?

Stock

2017-05-17 18:12 | Report Abuse

Tomorrow onwards will be a good day. All the losers and weak-minded retailers have been buggered off.

Stock

2017-05-17 18:10 | Report Abuse

What an idiot. Kraken comes any day. People like you end up being the pathetic losers on the stock market.

Stock

2017-05-17 15:08 | Report Abuse

To me good Q1 has been priced in fully. Now question is can it be kept up into Q2? And then on and on...don't forget, market is forward looking, not backwards looking.

Stock

2017-05-17 15:06 | Report Abuse

Today bad, bad day for my holdings. Tenaga, Armada, Hevea, Esceram, Parkson and AirAsia are down. Only Ikhmas is up
.

Stock

2017-05-17 13:55 | Report Abuse

@firehawk, I will have to agree with the so-called expert. In 3 years time, I can almost certainly guarantee that you could make at least 50% on MMHE. It's at a depressed valuation. I don't know why he deleted his posts...he'd have been proven right in 3 years time!

Anyway, I am holding out for a better deal. I think this can still drop to RM0.75-RM0.85. No hurry. It's not going anywhere anytime soon. New deals will only come in Q12018.

Stock

2017-05-17 13:45 | Report Abuse

So are Hevea RTA products kinda competing with IKEA stuff?

Stock

2017-05-17 10:59 | Report Abuse

Steady boys!

Stock

2017-05-17 01:30 | Report Abuse

At the moment don't think about quarters and earnings. Those only matter once P/BV goes above 1.0X. Now execute Sterling III and Kraken and we should get to P/BV of 1.0X...then we can start talking about earnings and quarterly results.

Stock

2017-05-17 00:57 | Report Abuse

Lol man stockbroking is just a tiny bit of income and revenue to Affin. Their bread and butter is credit. Looks like a good buy but sadly I wasn't in the market last year so couldn't take advantage of this bargain. Keep it on my watchlist but I think there are better bargains out there. Should still be a decent secular growth stock going forward though. Might consider strongly if it retraces to ~RM2.50-2.65.

Stock

2017-05-16 23:36 | Report Abuse

I did miss out on the pullback to RM1.90. Alas I feel the semicon sector is running too hut and people are playing it on sentiment. So I've decided to go to a "forgotten" sector instead. Very easy to crash and burn when everyone so hot hot about the semicon tech stocks.

General

2017-05-16 23:34 | Report Abuse

*Of course, you say, that’s obvious. Well, it may be, but that isn’t the way
the market works. When prices are high, a lot of investors are buying a lot
of stocks. Prices are low when demand is low. Investors have pulled back,
people are discouraged and pessimistic.*

*When almost everyone is pessimistic at the same time, the entire market
collapses. More often, just stocks in particular fields fall. Industries such as
automaking and casualty insurance go through regular cycles. Sometimes
stocks of companies like the thrift institutions or money-center banks fall
out of favor all at once.*

*Whatever the reason, investors are on the sidelines, sitting on their wallets.
Yes, they tell you: “Buy low, sell high.” But all too many of them bought
high and sold low. Then you ask: “When will you buy the stock?” The usual
answer: “Why, after analysts agree on a favorable outlook.”*

*This is foolish, but it is human nature. It is extremely difficult to go against
the crowd—to buy when everyone else is selling or has sold, to buy when
things look darkest, to buy when so many experts are telling you that stocks
in general, or in this particular industry, or even in this particular company,
are risky right now.*

*But, if you buy the same securities everyone else is buying, you will have
the same results as everyone else. By definition, you can’t outperform the
market if you buy the market. And chances are if you buy what everyone is
buying you will do so only after it is already overpriced.*

*Heed the words of the great pioneer of stock analysis Benjamin Graham:*

*“Buy when most people…including experts…are pessimistic, and sell when
they are actively optimistic.”*

*Bernard Baruch, advisor to presidents, was even more succinct:*

*“Never follow the crowd.”*

*So simple in concept. So difficult in execution.*

Link to PDF: https://www.franklintempleton.com/forms-literature/download/TL-R16

Stock

2017-05-16 23:13 | Report Abuse

This stock will be on a secular downwards trend as there will be no major new contract awards in 2017 and also no earning recognition from Bokor 3.

Be patient, collect when it is heavily depressed. Lots of people will lose patience. It is then we come in! :)

Stock

2017-05-16 23:05 | Report Abuse

I KIV Prolexus, for now I got Heveaboard. I sense Prolexus will consolidate downwards, and will swoop in at RM1.45-RM1.50. Only keeping tabs on a few other counters with compelling stories.

Stock

2017-05-16 22:58 | Report Abuse

This is such a terrible company. Look at the profit margins and ROE. Pathetic. The directors are feeding themselves by giving their own companies contracts.

Stock

2017-05-16 22:04 | Report Abuse

3A is not the second largest holding of Eastspring Small Cap Fund. Good omen. It's the best small cap fund in Malaysia by a long shot over the long term.

Stock

2017-05-16 21:42 | Report Abuse

Is there any other stock in history of Bursa Malaysia that is as highly volatile as IWC?

Stock

2017-05-16 21:40 | Report Abuse

Depends, market may not be happy. Happened to AA last time. But Inari many people say TP is RM2.50.

Stock

2017-05-16 19:24 | Report Abuse

Time to buy this when Q1 results are released...hopefully it's a bad result so that it forces people to vacate their positions.

Stock

2017-05-16 18:51 | Report Abuse

@batu88, you have the characteristics of a pre-eminent failed investor. Don't stick to plans based on a small short term boost (be serious, China results will only come in to play 3-5 years time).

Btw, you guys are silly. JV 10-20%...but do you forget the licensing fees that is a cost paid to MAA?