28.95 + 16.66 + 20.07 + 28.19 = 93.87

Currently closed at 7.32
PE ratio only 7.8

If PE 10 = RM9.39

Still got 28% upside!!

You deserve it when u dare hahaha

icon8888: no need to owe me dinner. Haha buy at ur own risk and own at your own risk.

Haha record high profit

Eps 28.95sen

no good guy in stock market. Included me... All wan earn money. Dun act like u very good. U r the human that come to save people. If you wan to invest, you must take risk or else please keep your money in bank and earn FD

u scare go down, because u r just a speculative investor. I holding for mid to long term. Then why i scare the price drop even a good result come out? Common bro. Try harder pls...

nvmla i use this account as long term. U no risk one. Create this account to create fear for Latitude and Poh Huat. Once good result out, u just dissapear and create another new account to mislead people. Haha

Nvmla, just wait result out. See im pingdan or pongdan.... Hahaha

so scare pls dont invest. Keep the money in the bank and earn fixed deposit. Cheap dun wan buy. Wait expensive then buy.

yaya i hope you one of them. HAHAHAHA

catalist talking cock again. Hahaha

JT Yeo, the PE ratio haters....

Actually the profit have triple from last year. Because due to increase in number of shares, eps drag down.

No bonus issue or share split or dividend declared

Result out. EPS20.65sen

Buy KESM at your own risk

Lim Xiong Jun: Can buy kesm. I holding latitude and sam. KESM quite cheap now but i no money to buy.

haha homework dun wan do. Lose money then blame blogger, blame ah gong, blame ah ma, blame najib, blame china, blame....

Lose then just sell. Just let it go. You cannot always predict the correct outcome. Sometimes people make mistake

Weak holder please run now. Heart so weak pls dun buy share

Muscle another U-turn king!!!

Posted by muscle > Nov 11, 2015 10:57 PM | Report Abuse

Totaly agree.. Previous corespinding result us too good to exceed... Most likely anounce poor result

Posted by muscle > Nov 12, 2015 10:30 AM | Report Abuse

c the preceeding three quarters la, eps droping la... dun over confident or else u kill urself

Posted by muscle > Nov 13, 2015 4:31 PM | Report Abuse

downtrend stock

Posted by muscle > Nov 13, 2015 8:21 PM | Report Abuse

If result miss expectation, then u cry oso no tears..!! N become poor beggar!!! Ha ha ha

Posted by muscle > Nov 17, 2015 5:01 PM | Report Abuse

ha ha, all dump money into the pond...

Posted by muscle > Nov 17, 2015 10:17 PM | Report Abuse

So hv u sell ur underwear to buy latitude?! If drop below rm6, u hv to sell ur ass liao


And today

Posted by muscle > Nov 24, 2015 5:02 PM | Report Abuse

based on all the exporters result.. latitude should report very good result unless sth which is unforseen!!! hopefuly bad things dun occur

let it drop la. Result out in 6days the most. Cannot wait just sell it. Dont talk cock again

Too much part of the profit of kimhin consists of investment income.

See below:

30/6/2015 3.3mil out of 10mil consist of fair value gain on investment
31/3/2015 2.45mil out of 11.1mil consist of fair value gain on investment
31/12/2014 2.8mil out of 5.8mil consist of fair value gain on investment
30/9/2014 3.1mil out of 1.28mil consist of fair value gain on investment

From the latest rolling 4 quarter, 11.65mil (EPS7.9sen) out of 28.18mil (EPS19.32 sen) consists of fair value gain on investment, which is 41% of the company profit.
Hence the real earning for Kimhin business is EPS11.42sen.

Are kimhin doing business of investment? You buying kimhin because of investment income or their business.

Currently, the company trading at RM2.56 and the rolling 4 quarter for EPS11.42sen, which mean the company currently trading at PE22.42.

Cannot ignore that Kimhin have expansion in Australia, drop in oil price will help the cost of sales decrease and usd earning trading but because of the price now trading at PE22.4, I dont tink it is a good investment.

Just my own opinion. Im might be wrong. Trade at your own risk

Alexchan and Lukesharewalker's new account

in 4days, up from 6.24 to 7.30. Thx for the one who sell to me at 6.26 last week xD

Rosmahmansur: as usual, alot of mr market... Haha

Who say latitude no volume? Saw now how high volume?

RM7!!

who keep on selling? lol

rosmahmansur: See you in AGM in Shah Alam. I guess i found my transport to there.

So it is a good company or bad? Yes share price will go up definitely if nothing happen.

But after you see what director gain, will you invest?

This is call grey area. In this case, statistic is not that useful. Experience in investment does.

From director perspective,

1) Director losing 70% in PBSB
2) Director getting RM42mil cash
3) Director selling the entity that might lose at future?? (I guessing, maybe im wrong)
4) Director able to get capital gain in Mercury share
5) Director getting better director fee for performing well.
6) Director might loss money if PBSB not earning RM19.8mil in three years.

Impact to balance sheet after acquisition of PBSB

Mainly their debtor increase by RM40mil. I guess it is from diamond residence phase 2 as the contract ended during the year. (RM43mil contract)

Cash decreased by RM13mil even included the cash in PBSB. Mean no cash in PBSB???

Borrowing increased by RM30mil due to borrowing to buy PBSB

Trade and other payable increased by RM23mil. Most of that should be the amount due to their sub-contractor or supplier of material

Bank overdraft increased by RM4mil. So mean PBSB no cash and have bank overdraft which eat alot of interest??

After release of 30/9/2016, unless PBSB get new project, if not this company will just sink down the revenue of Mercury. Keep in mind the revenue keep dropping. Im scare it is the intention of director to cash it out the company to listed as he foresee they are no future in this company. But i just guessing. Maybe im wrong.

Revenue for PBSB
2012 : RM96 mil
2013 : RM119 mil
2014 : RM61.8 mil
2015 to 2017 : RM120 mil (according to the contract and might be more) - so one year around RM40mil

Profit for PBSB
2012 : RM2.7mil
2013 : RM2.2mil
2014 : RM6.5mil
2015 to 2017 : RM19.8mil (profit guarantee and might be more)

From the top, you can see the profit is increasing after acquisition. It is abit strange from the past record and im very doubt the the company are able to achieve the result of RM6.6mil per year. Keep in mind that with the depreciation of ringgit, the cost of material have increased. This have eat the profit margin for construction company.

But since there are profit guarantee given, the profit surely reached RM19.8mil in 3 years or RM6.6mil per year.

Good investment until 30/9/2016. The share price of Mercury might reached peak after the release of result on 30/9/2016 as all of the impact from the subsidiary will inside the quarter result.

My opinion on Mercury. Dont shoot me if im not correct. Just for discussion.

1) Profit guarantee of RM6.6million per year - 70% = RM4.62million
2) Profit for manufacturing factor (using 1/10/2014 to 30/9/2015) - For 30/9/2015, i will excluded construction part - 7.6mil minus 2.6mil + 1.3mil = RM6.3mil

Total = RM10.82mil

EPS = 26.92sen (estimated future)

Current price : RM1.46

Just that the bank borrowing increase RM30mil so much while cash left RM9.4mil only. Anyway they acquire new company make me interested to know more about the company. Anyway thx for the recommendation for mercury. I will try to do research on it.

PE10 just a simple concept to value a company. Just like coldeye say. But if PE10 support with other reason such as business grow and good fundamental, it will be more good and realible investment

Yeah it is good that they rewarding the shareholder. What my concern is:

The price have been moving up about 100percent (i dont know exactly what the is percentage i just roughly calculate) during the year. Some of the important part also need to concern. Out of rm9.6mil profit, rm4.2mil is a gain on exchange rate. So the real gain for the company is only rm5.2mil. If calculate long term, eps 5sen x 4 = 20sen. Currently rm2.74 is overvalued.

Second thing. Actually the business is not expanding. The real reason increase is because of forex. Forex have gaining 32percent. U calculate using 34mil x 132percent u will get around 44.8mil of revenue comparing last year same quarter.

For jun 2015, the result increase due to delay in custom clearance. Some ppl read it as the company business growing. Actually is delay in counting the revenue. Hence it already fully value.

Every company have their own value. For me buy low sell high is the ways to earn a decent profit. Flbhd will be a very good buy at rm1.40, decent buy at rm1.80 but not a good buy at RM2.74

If u care about cash, then u shoud invest in kseng. Over rm1.5billion cash in the company. Still cheap for current market price of rm1.8billion

But the price did not go up alot 2014. Then u can conclude that this company not good?

Also, the share price of this company only move significantly when the US dollar going up. So does the historical stastic still important for you? Yeah the company may be good in fundamental but the share still remain the same throughout 2014.

Economy of business doesnt change? Then why u invest in flbhd? The company is beneficial from USD dollar. Are you holding for long term? If the usd excahnge rate go back to USD1= RM3.20 will u invest? Hahaha naive talk man. No matters how good is the company. As long as the environment change, u need to adapt it.

Anyway i do not deny that flbhd is a good company. Just that i using this example to discuss with you

Ur test is ok. But ur explaination and conclusion is totally misleading. You can use that test. But in the end ur title fail. Just like other newspaper. Just to "talk big" about non existence thing.

If u invest in long term, u didnt concern on tomorrow thing? Hahaha. Ok let assume. Just assume tomorrow this company enter into a long term contract with a great reputable supplier? Then how?

Just now say wan debate. Now say complicated. Hahahahaha. Dun know what to talk is it? Anyway not i saying PE10 is the basic. Is another author. He write good then follow. Not good just dont folo. Need to flame people?

Elit96: Anyway he just know how to use historical data to analysis. I dun know what is the big announcement but i dont dare to giv comment on it. Also i dont know whether it is true or not.

Dun learn like najib. Spin spin spin. Wrong must admit. Talk a man.

Say wan to debate but in the end continur flaming people. Say out other fact pls. Dun spin ur word again

Par value rm0.20. Using $1 dollar test. Did not explain what is this? This is so called simple. Aiyo the company par value only RM0.20. Use what $1dollar test? Somemore every company profit changing from time to time. Sometime business good sometime not then u keep on invest that company if history result is good? As a value investor, i saw your post too naive and keep on using so called "professional terms" to cover your weakness in other section such as accounting, casting, business knowledge, current affairs.

I wont invest in this company as i got another few good company to invest.

If im a normal reader, i also will mislead by your title. Nihsin growing itself into bankruptcy in the long term.

Instead you can say Nihsin is not worth to invest in long term.

I not recommending any one to sell or buy on Nihsin. No deep research have been done by me.