Tigerwoods, you need to study deeper as your comment shows you lack understanding of the share price of the two companies in relation to their output.

Aries, they already have FDA approval under urgent medical devices few months back when they manage to secure license from NASA. Just not yet get MoH approval (previously they already hold roadshow with MoH observation). I don't understand why everyone here so panic. This isn't some counters like AT or whichever nonsense company, just make announcement "INTENT TO JV"... to start glove factory.. face mask factory.. or whatever..

K1 if you refer to their annual reports, have already been doing medical devices EMS since 2016, and EVERY SINGLE YEAR they mention that they see demand for their medical EMS growing so they will focus more on that sector. It's not some company riding on bandwagon craze.

It's not everyday you get a company from Malaysia to be FDA certified vendor (they achieved that in 2018) and Class 10,000 certified cleanroom facilities for making medical devices.

Do you know how many companies around the world applied for the NASA JPL license? Do you know how many got it in the end?

Always remember to DO YOUR DUE DILIGENCE. Please! It's your hard earned money, don't throw it by gambling. Read what company you're investing in.

Aiyo sial, I just sold today before lunch at a loss since no price movement for so long to relocate my money elsewhere... suddenly boom what the heck...

Hi Zhuge, waiting for your feedback again. Did you manage to run with us?

No chance to add more below 9 :S

take profit at 0.7. Thanks!

On Div ex date price will be adjusted accordingly

EPF and KWSP together holds about 150mil shares of Bursa. They also do trading lah need to meet KPI. Since their fund size so large, they have very strict rules to follow.

Historically, Bursa has always been valued around PE 25-30. Re-posting my earlier calculations on fair value of Bursa about half a month ago . Note that the extreme high volume of August was unexpected, and maybe will need to re-evaluate the assumptions made. Just FYI, in the 8 trading days of august, already overtaken May full month. I've been very busy lately, but I'll review when I have time.

Jul 28, 2020 9:29 PM

Q1 EPS = 8 sen
Q2= 10.7 sen
Q3 estimate=??
Q4 estimate=??

Historically, PE for Bursa has always been about 25-30. With breaking new record everyday, plus low interest rate environment and one of the safest business to invest in (impossible to lose money), should it warrant PE 30-35 perhaps?

Assuming Q3=12 sen and Q4=10.5sen (trading peak in this quarter and start to slow down by year end, a more conservative assumption),
8+10.7+12+10.5=41.2sen.
PE 35= RM 14.42
PE 30= RM 12.36
PE 25= RM 10.30

Note that for the ONE MONTH of July... Bursa has pretty much equal trading value of Apr + May, not to mention Bursa takes a nice listing fee for new IPO, which we have now and didn't have before.

How about a scenario where the trading mania fueled by monetary policies and fiscal stimulus, loan moratorium and direct injection by the counter continues to soar?

Assuming Q3= 14sen, Q4= 16sen (very aggressive assumption)

8+10.7+14+16=48.7
PE35= RM 17.04
PE30=RM 14.61
PE25=RM 12.17

In the end, we all have to make reasonable assumptions on the business of bursa
1) Is the influx of newbie investors here to stay? Will they add more money in when they taste profits in this rebounding market?
2) will glove and tech stocks continue to be hot stocks? (note that whether they go up or down, bursa still takes a fee)

If you find your answer, you will have more confidence when you buy a stock. When it drops, you would buy more rather than get scared.

I hope this clears up some information for everyone here, and I hope everyone does their due diligence when investing. At the very least, you should know what you're buying into. Cheers. We're all here to make money.

Yes, Ally. Most people when see market crashing, dare not to buy. But when green want to chase high.

It's like you want to buy Shampoo. When got 30% discount don't want to buy. But when price markup to +20% and become expensive, then only want to buy. Why?

If your usual shampoo brand got 30% discount, surely you would buy some (unless there's some problem with the shampoo). If got 50% discount, I would even stock up extra to use for future.

Fundamentally if nothing has changed, isn't a discount a good thing?

Nice, even market crazy also KipReit not affected. Get dividend some more.

Knowing this, and having done your due diligence on the fair value a company should have, you wouldn't be worried if the price drops, but rather you would be happy at the chance to be able to add on more.

Short term: market is a voting game and popularity contest, siapa hot dia dapat
Long term: market is a weighing machine, once people rationalize the earning power of a company and assign a fair value to it.

Good stocks will always reach their fair value. May take time, but they will.

Harimau: share market is just simply willing buyer willing seller basis. Someone wants to sell+someone wants to buy, the price will reflect that.
the value a company generates, however, if different. For example, say la market panic sell till RM 4... the share price has nothing to do with the value the company generates. Even at RM 4, Bursa can still generate at least 12-15sen EPS profits.

Similarly, even if people panic buy push the price to RM 20, it's not like the EPS will suddenly jump to 30sen eps...

always know that the share price shown is really just the last traded price, and has nothing to do with the performance of a company

at support now

Lokim, a mixture of both, with more weightage to value.

As of today first half, already break 13 bil volume and RM 5 bil value... another record. can this be a record breaking day? 30bil volume, RM 10 bil value? I need to revise my fair price from RM 12 to RM 14

can we break 13 bil volume and RM 5bil value in first half of the day?

Alex, ex-date on thursday (13/8). Tomorrow is the last day to buy to receive the dividends.

Congratulations Satha.
I prefer slowly up, rather than limit up like Notion.

Hahaha tkl88, hopefully. A man can dream :)

More realistic is 0.3, but I hope I can stand corrected.

However, I do like the other questions. Very good questions, hope they can answer during the AGM. I will be attending too.

As of today, Bursa trading volume and value for the 11 days of August, has overtaken full month of April. Tomorrow probably overtake full month of May.

You are asking for profitability forecast, they definitely cannot answer.

No point asking about profitability, bursa rules the company cannot answer

UOB :)

Alex, If your target price is RM 8, you should definitely sell since it's more than 30% above your TP already.

My TP is 12, some people TP 14, some TP 10.. who knows? Anything below 10 is a no brainer buy for me.

CPO above RM 2800! Much earlier than my estimation. Can reach RM 3000 by year end?

Just came back from a holiday. Good to see bursa back on uptrend. Congrats to those who held on, and bigger congrats to those who dared to buy during correction. I wonder where Zhuge is now, need some of his negativity to balance out the positivity here

Gen2, yes I think they cannot give any prospects unless confirmed in announcement to bursa. Any idea if they uploaded anywhere the AGM? curious to see. Maybe I will give their IR a call. Thanks for the response.

Any info from AGM Gen2?

Enjoy the long weekend everyone, chill a bit. Value will eventually be realised.

@techno11, any idea of company doing online gaming?

@godofgambler RGB looks fundamentally good. I throw some chips in also. TP0.2 should be no problem, just see how patient you are

CatchThe Bull, I think it's not a fair comparison as the 2008 crash was financial in nature. At that time, Bursa profits dropped like crazy (eps around 2 sen a quarter, compared to 10 sen now). Business for bursa is booming at this time.

Zhuge, by your logic basing it on price and EPS, taking 1H2019 EPS of 11.5 vs 1H2020 EPS of 18.7 (63% increase). Share price at 1H2020 approximately RM 6.70, increasing it by 63% would give a fair value of RM 10.9. A very primitive way of measuring fair value, for sure. This discounts the other factors of

Q32019 vs Q32020 (this month of July is nearly equal to April+May combined)
Low interest rate environment
Safe business where many other companies are facing bankruptcies or having Rights issue to raise money
Huge liquidity in the market right now, plus record new number of trading accounts
Record breaking quarters for the past 2 quarters in a row
and so on

I'm not trying to push or pull a share price. But I would like to see you do a little bit of in depth analysis instead of fear mongering, as you have been doing since the price was RM 7 just 2 weeks ago.

Welcome back Zhuge, did you manage to get any profit from RM 7 to RM 10? :)

Cawalluk, yes, good notice. That is true. So the dividend per share you shall receive is (0.308*0.9) +1.2+0.022=1.4992 sen.
This is higher than previous one which is (1.386*0.9)+0.1+0.034= 1.381sen.

Chung, you're welcome. I always hope to share useful information here. Too much rubbish and nonsense otherwise. We all should do our part

Tingpangeng, you're welcome. Remember, everyone has their own risk appetite and targets, so only you can decide what to do with your money. If you ask 10 people, you will get 10 different answers. Good luck.

Yes, please remember to stick to your trading discipline and maintain a cut loss at your calculated points. Jtiasa, unlike very established plantation counters like United Plantations, share price follows closely with the price of FCPO. Right now FCPO is trading about 2600 which is a key support point. If this were to break, better to cut loss unless you're willing to wait for a while. I believe by year end about 2800-3000 is possible.

Yup, collected some at support as well. Let's see how it goes.

tingpangeng, everyone invests with their own reasoning. At the time when you bought your shares, why did you buy? >Because you believed that price was a fair price to pay for a share of this company.

What do you think the fair value of this company is?

Think of it this way: If you thought RM 10.50 was a fair price to pay, why would you ever sell it at RM 9.50?

Market always moves up and down. Bursa had been on a steep increase from RM 7.5 about 2 weeks ago all the way to nearly RM 11 yesterday. Profit taking is expected and normal. Even glove counters have retracement every few days.

Has the reason you bought this company changed? If yes, sell and move on. If no, now is your chance to buy more.

Very good results from KipREIT considering this QR was supposed to be the "worst" due to MCO. Congratulations to all holders.

For those wondering why the results are "red", you may read their announcement for more details. but to summarise, it's due to unrealised losses of 13mil due to land valuation. Otherwise it would have been only -9% QoQ, which in my opinion is quite amazing considering the nature of their property and the times we are in.

They performed much better than many others.

Special dividend, completion of terminal, JV for mining contract... etc etc. It's surprising only now it's starting to move. Should have been moving long time ago.

CPO reaching technical support line... Poised for rebound.

When down, all bad words come out.. when up everyone celebrating ... Haha everyone should chill a bit.

@Techno11 thanks for clarifying.

Is RGB involved in online gaming?

And I mean a *really* small part of their total business.

Huiwen, yes it should benefit, but only slightly. Ar Rahnu is only a small part of their business after all.

HLIB TP 11.85