TULIP

palmprincess | Joined since 2012-08-03

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Stock

2014-10-28 10:49 | Report Abuse

:) yongyou ... hopefully it will climb

News & Blogs

2014-10-02 19:49 | Report Abuse

He reiterated some more the 20 sen fuel hike was meant to strengthen the country's economy and was not meant to burden the Rakyat !!!!!!! cakap lagi ada BRIM ma .... as if the BRIM is giving out everyday to all the Rakyat ??????

News & Blogs

2014-09-24 21:35 | Report Abuse

Like Sumatec, with all the good news, price fell from 60 sen to 40 sen, this one must use LTA ... LOLLLL

Stock

2014-09-09 15:36 | Report Abuse

Pantech - Waiting For The ‘Spark’ To Ignite The Growth

Author: kiasutrader | Publish date: Tue, 9 Sep 10:01

We upgrade Pantech to BUY from Neutral with an unchanged FV of MYR1.25. The recent sell-down in share price makes its shares more attractive, at a reasonably low P/E and attractive dividend yield. We continue to like Pantech for its solid business model and believe that the RAPID project should continue to serve as an immediate catalyst to spur its earnings, with potential M&As as its inorganic growth drivers.

Share price retraces. Pantech’s share price has retraced to MYR1.00 at the last closing price from the high of MYR1.14. We believe the recent weakness could be attributed to the longer-than-expected earnings contriution from the Refinery and Petrochemical Integrated Development (RAPID)-related project. At its current price, Pantech is trading at 9.6x FY15F P/E, with a dividend yield of 4.0%. We think it is at an attractive level for investors to start revisiting and accumulating the stock on weakness. We believe Pantech is still a cheaper entry for investors to gain exposure to RAPID project-related counters. Our growth expectation of 7% y-o-y for Pantech is mainly on its organic growth, excluding contributions from the long-awaited RAPID project.

Awaiting for the ‘spark’. We think that Pantech is ready to benefit from the upcoming RAPID project, notably in the area of pipes, fittings and flanges. Through our channel checks, the RAPID project is progressing and more activities shall be seen in the immediate to medium term.

Other growth drivers. Besides the RAPID catalyst, Pantech is currently focusing on expanding its footprint into the international oil and gas(O&G) segment through the network from Nautic Steel. We believe there may be some inorganic growth through M&As, as that is the fastest way to grow. Pantech has been actively looking for the right candidate to duplicate its successful investment in Nautic Steel.

Upgrade to BUY. We make no changes to our earnings forecast at this juncture. We still like Pantech for its solid foundation and sound management team. The short-term catalyst, RAPID, may be a matter of timing, but our in-house O&G team maintains the bullish view that the RAPID project will go on as planned. With the recent retracement in share price, which makes Pantech more attractive now, we upgrade Pantech to BUY from Neutral. Our FV is unchanged at MYR1.25, based on 12x FY15F P/E, which is a discount to other downstream small-cap O&G players’ average P/E of 13-16x.















Source: RHB

Stock

2014-09-03 11:43 | Report Abuse

Posted by LuoLi > Sep 3, 2014 10:10 AM | Report Abuse

KEEP YOUR WB FOR THE TIME BEING. ASSUMING MOTHER AT CURRENT PRICE 0.465, AFTER RI EXERCISE MOTHER IS ARD 0.44-0.445. YOUR WB SHOULD BE PRICED ARD 0.37-0.38. OBVIOUSLY YOUR WB IS OVERSOLD BY RETAILERS WHO DUN KNOW MUCH ABOUT RI. GOOD LUCK!

Thank you Luoli ...

News & Blogs

2014-09-01 20:11 | Report Abuse

Random Trading, thank you for sharing, I really appreciate your good effort.

Stock

2014-08-20 20:22 | Report Abuse

Chris D !!!! I really really really benci you ..... you know ???