http://klse.i3investor.com/blogs/moneymoney/101612.jsp

Hope to collect more at RM0.87.

Prepare to collect more.

This Q3 gives 2 cents dividends. Expecting 3 cents dividends in Q4. That brings in 5 cents dividends in total. That means > 5.5% dividends at this price RM0.90.

Bought 100 lots. PE 8.98. ROE 25.74 Good Buy.

Homeritz Corporation - 3QFY16 Results – Above expectations
Author: kltrader | Publish date: Fri, 29 Jul 2016, 02:01 PM

Results
Homeritz’s 9MFY16 revenue of RM123.64m (+14% yoy) was translated into Adj PATAMI of RM23.28m (+47% yoy). This came in above our expectation, which accounted for 86% of HLIB full year estimate. Deviations
We deem the earnings above our expectations. The deviation is mainly caused by stronger US$ vs our assumption of RM3.80/US$.
Dividends
A first interim single tier tax-exempt of 2.0 sen was declared in 3Q.
Highlights
9MFY16 review… Homeritz registered a higher revenue of RM123.64m (up by 14% yoy) while PATAMI improved by 42% yoy (from RM12.9m to RM22.5m) mainly due to strong US$ against MYR and higher sales volume.
3QFY16 review… Although the company recorded a 9% yoy increase in revenue to RM40.5m, qoq basis revenue dropped by 5%. PATAMI weakened sequentially to RM6.2m (-20% qoq) due mainly to higher labour cost, slightly lower sales volume (-4% qoq) and weaker USD against MYR (- 6% qoq)
Our house projected a weakening bias in MYR within the range of RM4.00-4.20. Our sensitivity analysis shows that every RM0.10/US$ depreciation in ringgit will boost net profit by circa 7%.
Risks
USD weakness against RM; high raw material prices; high labour costs; unexpected economic downturn; and production or operational risks.
Forecasts
FY16-17 net profit forecast is raised by 15.5% and 8.3% to RM31.2m and RM29.2m to reflect our latest MYR assumption of RM4.00/US$ and RM3.90/US$ respectively for FY16 & FY17 (vs. RM3.80 previously)
Rating
Maintain BUY, TP: RM1.09
Positives: 1) the company would benefit from strong US$; (2) lower leather price which will boost its margin; (3FY16 DY of 5.9%, based on 50% payout ratio.
Valuation
We maintain our BUY recommendation with a higher target price of RM1.09 (previously RM1.01) after incorporating latest forecasts based on unchanged P/E multiple of 11x of CY17 EPS.
Source: Hong Leong Investment Bank Research - 29 Jul 2016

http://www.thestar.com.my/business/business-news/2016/08/08/kronologi-reboots-to-capture-big-data-growth/

Agree.

Down today!!!!!!!!!

Cheating. Many counters such as Digi paying better rate more than 4%.

Calvin kept quiet on plantation. He is not God.

Buying time.

As normal. No big deal. But some people take advantages.

Posted by Abismail > Jun 12, 2016 11:57 PM | Report Abuse

At Lii Hen AGM on 1st June 2016, I suggested to the Board of Directors to give out 1 free convertible warrant for every 3 shares held. It is like giving Aung Pow to all the shareholders because they can sell the warrants for cash. It is mostly likely the company will issue free warrants as I suggested.

Abismail, Only KYY suggested in the AGM, not you lah. Unless you are KYY?

All good news. Just need a little patient.

We can sell faster than his as he has a lot, must take many weeks to sell some.

When QR is bad.

Ambank gives good return to ANZ.

http://www.thestar.com.my/business/business-news/2016/06/08/anz-in-no-hurry-to-sell-ammb-stake/

PETALING JAYA: Australia and New Zealand Banking Group Ltd (ANZ) appears to be in no hurry to complete the divestment of stakes in banks in Asia, including a 24% stake in AMMB Holdings Bhd, the Financial Times reported.
He reiterated that there was “no hurry” because “they’re all in pretty good shape and they generate a return.”

Rule # 1: Buy when KYY buys
Rule # 2: Sell before KYY sells
Rule # 3: Refer to Rules 1 and 2

Alarming. The number of shares is increased to 70.1% from 56% by Temasek as the major shareholders. The net profit is 100% diluted in future. That also means share price will drop soon.

Alarming. The number of shares is increased to 70.1% from 56% by Temasek as the major shareholders. The net profit is 100% diluted in future. That also means share price will drop soon.

Media Prima partners with F&N for 'Syukur Selalu' campaign
http://klse.i3investor.com/servlets/fdnews/231899.jsp

Rule # 1: Buy when KYY buys
Rule # 2: Sell before KYY sells
Rule # 3: Refer to Rules 1 and 2

That was last week one of the prices KYY bought at 3.15. This week prices if he buy will make known soon.

Sunreit will hit all time high also soon.

You are right, smart moneySIFU. New car for Axia, not Kancil.

KYY will buy from all directors (with some shares) that are willing to sell.

Hope so as it should be.

Can't understand Maybank up and went down while other banks (Affin, Cimb, Ammb) up.

Agree. See the way the management manage and keep breaking records,

SHH is not stable in giving dividends. Do not expect SHH will give good dividend every year. Not like Liihen has good track records of giving good dividends.

Nothing to worry. Don't let worries worry you.

Anonymous 1034721438846003 said:
The teacher says a poor rating is actually good for your economy. When stock market crashed and unemployment increased later, things will become cheaper for the rich to acquire. Since majority of you voted them into the administration, you shall be rewarded RM500 a year through the BR1M program. This is a win-win solutions. The teacher asked why complaint?

Mampus BN said:
Comparing to Japan 229%, Italy 132% and US 104%, this 54% is chicken feet. Why worry ? I am sure Perompak Malaysia will double his effort to rompak more...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5116409
Mr Neoh selling

Wait and see. If KYY sells, we should see a huge volume. But I do not think he wanted to sell Liihen as it is a making more money again. He could sell other stocks.

greatful is so scary. But right move.

Don't trust anybody. Do your analysis.

Profitable. Syndicates are able always make it low and fear ikan bilis and contra players to sell easily. Then they buy cheap cheap. Ha!

SELL is safer.

A lot of insiders. Check Gtronics, Taann (through RHB) all got insiders told the results in advance so that major fund managers sell like hell before QR is out.

Hiding God.

QR will be out. Buy.

SELL.

Once he could not ensure this year can make more money than last year, certainly he throws.

Donation to sarawak BN lah!

5 cents div coming. Next Q Rs will be much better. keeping 100000 units.

SELL. Expects Bioalpha to report 1Q16 net profit of between RM100,000 and RM500,00.

Don't get MRT construction project by Suncon.