Nadi's issued price is P/BV of 0.57x and PE of 4.54x based on FY2017 EPS.
Why the owner of Nadi wanted to sell his company at such low valuation ??

The author is a skilful investor. But, if he can let people know the construction companies he bought when stocks plunged last year end and show the return % now, that would be much more convincing because the evidence speak louder than words.

Investment is a mix of science and art. The science can carry us to certain distance, it is the art that gives outstanding result.
I learn the above from experience, and I am still far from good.

What i can see is Jon Choivo didn't really learn much from the ex-banker. When ex-banker gave comments on Jon's top investment stocks and his "accountant" way of investment method, he sort of argued back and defended his stands.

The main reason for loss making is high operating expenses resulted from new plant's start-up cost. SCGM managed to maintain its sales revenue due to persistent high demand for its products. It will take some times for its new plant to contribute and bring the profit to new height.
The management claimed the new plant will be fully commissioned by end Apr'19.
It is good to buy on dip if its stock price falls to ~RM1 tomorrow. It is a stock needs to keep for ~1 year to bear fruits.

Once loan refinancing is achieved and announced, Armada's stock price will gap up to another level bcos the worry for right issue or PN17 or bankrupsy will be gone.
From then onwards, its stock price will depend on its coming quarters' profitability.

Read SinChew newspaper today - Armada is close to getting the loan refinancing. It seems like banks have agreed to do so.

Short, concise and clear.

What he meant above is he has started selling Dayang, and he will sell more if its stock price keeps coming down.

Many people are in denial until the panic moment comes.
The author above has just sold his Dayang this morning. If he can accept the fact earlier on yesterday, he could have sold at much better price.

Kenanga analyst already explained that last quarter's great result was due to one lump sum work orders, and not likely to re-occur in subsequent quarters.
The potential right issue to help the debt of Perdana posts a real threat.
In short, sell to cut gain would be a good idea..

Sendai's stock price is expected to go further down until KYY finish selling. His holding is <5% as at 14th Mar'19, so his further selling need not be announced in Bursa.
I suppose it should take another 1-2 weeks for him to dispose..

That old man KYY is silly and AngLP slaughter him strategically.
When KYY look at Jaks' stock price now, his heart must ache with pain.
He could have saved his RM64mil if he is not that dull. Well, this is not his first time playing dumb anyway.

Jaks' stock price has recovered so much. If he re-look at Jaks price now, he probably asking himself why he needs to run around to look for other stocks but not just stick to Jaks.
Keep making investment mistakes and still dare to post his investment idea to promote himself in i3.
I strongly advise him to hide behind OoiTB and just follow OoiTB's instruction to buy/sell stocks. In this way, he may able to avoid to lose another RM64mil in coming future.

This KYY lost RM64mil in Jaks alone in 2018. There are more losses in his other stocks last year. I heard he lost so much that he has to sell his priced lands in Ipoh.
He still thinks he is good at stock investment now after losing his pants. Others in i3 forum are still dare to look up to him for investment idea. What a joke.

The earnings result for this stock is very bad. Sorry to say, sure lao sai tomorrow.
The prospect given by management also quite bad. Seems like the downturn of semiconductor industry will last for sometimes. It will get worse before it recovers.

One thing I noticed from the comments above. Jon Choivo has accumulated quite a number of enemies since he joined i3.

Jon, if you read this, one immediate thing u need to do is to review yourself why so many people do not like u. If u think u have done nothing or said nothing wrong/hurting/sarcastic in the past, think again.

Well, I do like some of your articles and I do buy some of the stocks in your portfolio, for example, Petronm. You do have your talent and I suppose that's why i3 invited u for presentation.

Dayang is a time bomb now, and waiting for its moment to blow.

Great ! The building construction carries higher profit margin than infrastructure construction.

So many negative comments on Armada. This is exactly when stock price hit the bottom. When the negative news stop, Armada will re-emerge. There are plenty of potential good news awaiting to lift its stock price. Buying Armada at current stock price has wide safety margin.

Company keeps buying back its own shares on 1st and 4th March. They must think its price now is low to collect.

Very detail analysis with facts and data.
MFlour will enjoy higher product selling prices, i.e. flour and broiler, and lower raw materials costs, i.e. feed cost, resulted from strengthening of RM and IDR against USD. This forms a very favourable business environment for MFlour, and it should kick-off its up-cycle.

Bought some bcos its downside is very limited, and upside is potentially wider.

Bought some.
It is not certain what will be the earnings in coming quarters, but FY19-FY20 should see gradual recognition of UK completed properties.
This company is run by very good management, we should put faith in its long-term prospect.
The only concern is it falls in "Property" section in Bursa listing, nowadays, everyone run away from "property" stocks.

Weird market. EPS >8sen without one-off gain and stock price comes down.
How high EPS market expect Muda to make then ?

Silent because people want to buy quietly ma.
After PEnergy posted good quarterly result, its forum also quiet, and then its stock price limit up on next day.

Huat liao !

The 1st step is fly to 50sen.

Fantastic result !

The EPS in past 4 quarters keep increasing: 0.66sen --> 1.34sen --> 1.71sen --> 1.93sen.
FIHB's earnings is growing quarter after quarter and stock price is merely at 37sen per share !

Low waste paper and high industrial paper price --> ideal business operating environment for Muda.

Great result !
Muda has achieved >8sen per quarter in last 2 quarters.
The profit margin improved due to lower waste paper cost and higher selling price for its products.

The above trend will continue as China bans the import of waste paper.

Just look at Success today. It posted good earnings in two good consecutive quarters, and its stock price jumped 27% !

Ekovest also posted two good consecutive earnings, and it is selling at 6.6x multiple only at 54.5sen, how much % it will jump tomorrow ?

Hold Ekovest tight tight. No >80sen no sell.

Taking Q1 & Q2 FY19 to annualise, we get 8.2sen per year in FY19.
If given PE=10x to 12x, the fair value would be 82sen to 98sen. The upside from 54.5sen closing price today is 50% to 80%.

The UPSIDE of 50% to 80% !

Great result !

EPS has been >2sen in 2 consecutive quarters. The revenue registered in Oct-Dec'18 quarter is HISTORICAL HIGH.
The earnings is sustainable.

AZRB worths 80sen per share.

Wow..
The fair value is at least 80sen per share. Hold tight tight till it reaches my target price.

WoW ! Calvin Tan also has power to push up stock price now.

Just one thing to take caution is its Process Equipment segment, which tends to encounter lower margin or cost overrun in certain projects. When that happens, it impact the earnings negatively.
I think its Transformer & Industrial Lighting segment is rather more stable and consistent.

Bought some this morning. I agree Success is undervalued.

Good results in Q4.
Inta's total reported EPS in FY19 is 3.96sen vs 3.09sen in FY18. That is 28% improvement in earnings. But, its stock price in beginning of FY18 was 36sen and declined to 29sen now. That is 19% decline.

The above means earnings improve 28% but stock price decline 19% --> not rational.

There is RM1.3mil non-recurring charges associated with CARP and the demobilization from certain sites, otherwise, the EPS would be higher.
Anyway, the results is good enough.
AWC worth >RM1 per share. Its earnings has been relatively consistent compared against other companies listed in Bursa.
Cold Eyes is one of the top30 shareholders.

Inta's revenue and earnings have been growing from Q1 to Q3 FY19. Its 9MFY19 net profit improved from what have achieved in 9MFY18, but its stock price went to opposite direction since beginning of 2018 till now.
I believe Inta is undervalued, and it is not affected by mega infrastructure projects disruption issue.
Its customers are Ecoworld, UEM Sunrise and other prestigious property developers.

Guys, don't be too worry. In this Q, Econpile recognised impairments on receivables, project over-run cost, and idling and delay costs. These costs do not re-occur in subsequent quarters. Econpile recognised all those costs together in one quarter.
I believe Econpile will back to profitability in subsequent quarters.
Anyway, be ready for sell-down tomorrow bcos market does not like to see losses.

Ekovest's Duke expresseway is relatively new compared to other highway concession. Thus, Ekovest will be at the bottom of the 29 tolled highway list of our government-lar.
After government acquire Gamuda's highways (which will take long), they will need time and more fund to acquire other tolled highway (if they do have such plan). Thus, it will take many years to come before they would consider Duke. I don't see any point to worry.

I am more concerned on the coming earnings result. If Ekovest does well, its stock price will go to another level.

I totally agree with Icon8888. There is a name for that sort of person - hypocrite.

Posted by Icon8888 > Feb 24, 2019 09:14 PM | Report Abuse

He is making a lot of money from hardworking ordinary people

Then he went around to do his charity so as to get worshiped

What is so great about that ?

Highway concession is a cash cow for Gamuda. I opine that this is not a good news. What are Gamuda going to do with the cash after selling its profitable asset ? How the cash can generate more return than the highway concession ?

Result koyak. Stock price will koyak in tandem tomorrow.
I expect poor results this quarter, but not as bad as this.
Hengyuan may suffer the same fate.

I hope it won't drag down all O&G related stocks tomorrow..

Felicity is a good investor and his/her analysis are always very sensible and logical. I disagree with what Herbert Chua claimed above.

Felicity is definitely not a pump and dump guy. If anyone can't see that, the "anyone" is naïve and lack of wisdom.
Similarly, if anyone can't see old man KYY is a pump and dump guy, he is equally naïve.

An professional analyst can just reduce target price from 70sen to 30sen, which is a 57% reduction just because of potential right issues !?
This shows how un-professional Malaysian analysts are.
Even if right issue does happen, a professional analyst should not do so because the fundamental of a company won't change that much in such a short time.
I am not disappointed by Armada's stock price movement, but very disappointed by Malaysian analysts. How can we respect such profession in future ?