haha,you assume NP margin of 50%?even MYEG also not able to get 50% net margin...you think PUC can?

dont simply used KC's name in your write up，very misleading.

KC never said FLB worth atlease RM2.77,show some respect please.

this column is my favorite.i follow notion at 38.5cen and sell two month ago with more than 200% return,now i follow guan chong.

lousy analysis.

no developer can achieve 30% NP margin within klang valley area ok,no setia,ecoworld,mahsing nor even huayang.

in fact,many new affordable project is losing money due to insufficient take up rate or cost overrun.30% net margin?you must be kidding!

acquired budi koko(competitor) for RM17m,nice touch!

cocoa future drop below USD1800/mt,looks like guan chong might be one of the star performer during 2nd half.

KYY's premium included in SOP valuation???hahaha!!!

how do you derived RM2.48 and RM0.57 for vietnam or property business?don simply put a figure please.

yes,thats why so many gunner keep promoting jaks.

yes,systech will be the stock to fucus now.cyber attack,systech is the only winner.

这叫"接受民主选举结果”，这也是美国一直以来的选举传统，当年奥巴马和希拉里竞争总统候选人时，也是互相攻击，后来奥巴马还不是让希拉里出任国务卿？难道不喜欢新总统，就该一直骂，一直骂，想尽办法扯对方后腿，把波夏克的投资统统卖光，让美国股市暴跌，祸国殃民，才是理想的品性？就你这么狭义的眼光，还敢出来教人理财和投资？你知道什么是真正的民主吗？

试问，是巴菲特品性有问题，还是你的品性有问题？

朱先生，
说你知识有限一点也不假，
当你说airasia很难用PE来计算，
却又一直用PE来告诉大家airasia是价值陷阱时，
不就是在拿石头砸自己的脚吗？

我最喜欢这段:數字是死的，要看活看通。

笑死我了，硬木头教人该怎样弯曲。

哈哈，那么投资额比之前少就是公司有问题？出售资产规模比过去大就是有问题？
知道什么叫生意吗？生意，是明年的投资永远比今年多才叫好吗？
生意，是卖资产就叫不好吗？
那请问你能不能去找一家成立以来每年都增加投资，也从来没有脱售过资产的公司来看看呢？
人家批评你，骂你，不是因为你一直写衰亚航，而是因为你的论述根本不专业，行家(i3有很多真正的行家）一看就知你没料到。
为什么？
因为，你永远是用死逻辑来看活生意，还以为自己说的都是真理。

听过瞎子摸象的故事？
摸到头说大象是圆的，摸到身体说大象是一整片的，摸到尾巴说大象是长的。
朱先生，别再到处炫耀你的无知了，你根本不懂投资。

实在看不下去，厚脸皮也该有底线。

haha,US 10 year bond yield reach 5% means crisis,then of course gold will rise,you are predicting mother is female and father is male.

just ignore la,this fellow,骗外行还可以，内行看他就像笑话。

when poslink account consolidated into systech,revenue will double up,we shall see much stronger profit trend going forward

but 50k unit at 31cen,targeting 45cen before year end.

https://www.systech.asia/news/nanyang_01052017.jpg

haha,continue his effort to attack airasia

i guess this fellow is 朱冠华，after failed in attack airasia then used another ID to write.

yes.sound like 朱冠华.

haha,jaks and eversendai,clear intention.

if able to break 32 cen,which is the major resistance,i think 37-40cen is possible in near term.

aiyo,break 32 cen aldy!wait for me please!!!

hai,don up so fast leh!

hopefully don gap up,i haven on boat yet.

wow.really strong leh.

actually,coldeye buy at very low price,only 13-16cen before bonus,so now is the time for him to take profit,not add on.

strong support,might retest 32cen,which is the major resistance anytime.buy at any weakness.

well said.

look like someone is accumulating shares...hmm,monitoring.

as i said,argument is meaningless,time will tell who is right.

if even evergreen also cannot perform in 2017,then i'll said there is nothing to invest in bursa now.

frankly speaking,Dolly_chai2 is a true value investor,judging from his stock pick and knowledgeable comments.

prolexus is a good company without doubt and it is also within my radar,i dont invest in prlexus yet just because evergreen provided much better value,and if everything go smooth,double or triple up is very possible for latter,and this is something that could happen as soon as second half this year.

and,i want to advise dolly for not to angry with all the contrarians nor trying to educate,i try it before but it doesn't work at all,people only believe what they choose to believe,so just save you mouth lo.

we know what we invested,we gain what we deserved.cheers!

if the answer is no,then,you better seek a financial advisor now.

CKCS,ask yourself a simple question:

if your annual income was RM150-200k and it is still raising,holding RM160k cash in hand,while sitting RM1.54m worth of propertys/asset.

will you worry if you still owing RM388k of debt/liabilities?

while paying your debt,are you able to put extra 20-30k into bank saving every year(ability to pay dividend)?

i still remember when i bought notion-vtec 1 years ago at 37-40cen,many had disagreed with me,but i just ignore all the bad mouth, focus on financial and business analysis,again and again,then i had concluded that notion is very undervalue at 37-40cen,downside is minimal but upside is huge,so i just keep buying.

the reasons for me to bet heavily on notion,included strong EBITDA,strong cash flow,dividend expectation and financial result improvement.

luckily,i win the battle as notion had more than triple up from 40cen to RM1.30 in in just 12month,i sold all shares at RM1.31(you can trace my entry price and exit price by viewing my previous comment on notion.) and keep big portion of cash for next investment.

now,i am very happy to found another excellent company(of course is evergreen),i spend days to study every figure in its financial statement,to understand what had happen on this company during last two year,as well as making logical assumption on future development.

by doing so,i knew evergreen was step up effort to enhance product offering,produce and supply more particleboard and RTA furniture(margin is much higher),and also automate its production lines(reduce manpower requirement) as well as consolidate certain operations(improve in cost and production efficiency).

it take 2 years and RM200 million for evergreen to fully implement all the business plans above,but now,i am very happy to knew almost all the enhancement works had been done,the required capex also been spend.

so,evergreen was on sweet spot now,we shall see their profit margin,net profit,balance sheet,cash flow and dividend payout to increase simultaneously and steadily going forward.

more importantly,share price already bottom out,only sell at 87-90cen,which is 46% discount from its RM1.68 peak,35% discount to NTA and EBITDA of 4.6x(should less than 4x if 20% growth rate is achieve this year),so entry level is quite safe, i'll keep buy on weakness.

my investment in evergreen,i see no reason to fail,time will tell.

i will continue "buy on weakness" strategy to accumulate more,then keep it for 12-18month.

haha.you queue at wrong price is it?i buy 15 minute before closing.

able to grab some at 87.5cen,a good day.

mikibob,probably you don notice that evergreen already adopt minimum of 25% payout rate from FY2016,so it is different story now,i expect evergreen to announce at lease 2.16cen dividend for FY2016 by end of this month(when announce AGM meeting) or next month(during 1st q result announcement).

so,i had starting to accumulate since i believe the downside is minimum and upside is huge.

just done a detail study on evergreen,had confirmed the company is undervalue,i expect evergreen's intrinsic value should around RM1.4-1.6billion.

after spend RM200m capex last year,2017 capex should normalized to RM40m,and we shall see the effect of automation,relocation,better product mix and efficiency improvement from quarters to come,which should more than enough to offset forex impact if USD weaken further.

i foresee Net Profit to grow by 10-20% in 2017 and 20-30% in 2018.

at 30% dividend payout rate,i estimate 2017 and 2018's dividend yield should very attractive at 6-8%.FCF also very strong,at the end of 2017,evergreen should hold RM80-100million Net Cash in hand.

according to analyst,every 1% drop in USD will result 5% drop in Net Profit.

if this is right,then when USD depreciate,evergreen will definitely suffer.

yes.evergreen is a good company,but the timing to buy might be very tricky,especially when bank negara is pushing hard for a stronger ringgit,i expect ringgit will appreciate to RM4.0-4.2 in 3-6 month time,5-10% depreciation from current RM4.4 level.

weak balance sheet,weak cash flow and weak business prospect.

......

haha.good luck guys

if divided RM7.5m guaranteed profit by 831m of enlarged capital,EPS only 0.9cen.

at PE of 10,fair value is 9cen
at PE of 20,fair value is 18cen
at PE of 30,fair value is 27cen

please make informed decision before invest.

second half onward,recurring contribution from genaral insurance platform will kicked in.calculated with rexit's 40% market share,revenue and profit should at lease double up from what we see now.

so i think rexit should be re-rate.yes,RM1.20 is achievable target in mid-term.

another limit up tech-counter in brewing huh?