Posted by limweebeng > 2016-08-24 17:17 | Report Abuse

What is the good price to buy?

Posted by calvintaneng > 2016-08-24 17:55 | Report Abuse

A better buy is Pm Corp. Also in similar industry like DKSH and better on 3 counts.

1. DKSH markets for other FMCG companies which Pm Corp manufactures its own products.

2. DKSH market is limited to geographical rights - West Malaysia, Sabah & Sarawak while there is no constrain to Pm Corp - It can export to the entire world.

3. DKSH was only 40 cts in 2006. Now already up 1,000%. Pm Corp sells at 70% discount to NTA & has immense potential for future growth.

One more thing - in Singapore Pm Corp's NFI has raised its chocolate products by 50% in price. So going forward Pm Corp should garner higher profits.

FMCG - Fast Moving Consumer Goods
NFI - Network Food Industries.

Posted by moneySIFU > 2016-08-24 18:46 | Report Abuse

Thanks for sharing, Mr Icon & Calvin

Posted by VenFx > 2016-08-24 19:33 | Report Abuse

鲜明 有 历史 做 后盾的 品牌
才能 发挥 最大的优势。

Posted by VenFx > 2016-08-24 19:34 | Report Abuse

I like it's Brand Name (DKSH)

Posted by 77huat77 > 2016-08-25 11:48 | Report Abuse

Profit margin so low, I don't know why icon will choose this

Posted by Icon8888 > 2016-08-25 12:08 | Report Abuse

dear 77, I suggest you read about Du Pont ROE. Profit margin is only one component of overall return. Low profit margin does not mean lousy business. Walmart is one good example.

https://en.wikipedia.org/wiki/DuPont_analysis

Posted by 77huat77 > 2016-08-25 12:19 | Report Abuse

Thanks icon, you are the best!

Posted by Icon8888 > 2016-08-25 13:04 | Report Abuse

banker I where got so smart to know the future of mkh-wb.

It all depends on results right ?

Posted by Icon8888 > 2016-08-25 13:08 | Report Abuse

77, you know what industry has highest profit margin ? toll concession is one of them. The profit margin can be as high as 80% (I did an analysis of toll roads before). However, if there is only one car that use the road during the financial year, can the profit be good ? (the profit margin as shown in P&L will be very high)

No, it cannot

as such, profit margin on standalone basis is a meaningless figure. You need to look at the overall picture

Posted by buddyinvest > 2016-08-25 13:13 | Report Abuse

Icon8888, since you love companies with fat profit, it's time to write about Matrix. Good luck

Posted by Icon8888 > 2016-08-25 13:13 | Report Abuse

write property counters will be scolded by people... I scare...

Posted by _OptimusPrime_ > 2016-08-25 13:14 | Report Abuse

icon. today your GOB new record low liao... what happen?

Posted by buddyinvest > 2016-08-25 13:16 | Report Abuse

Banker, since you like huge appreciation with low capital, you can bantai matrix-wa. Good luck

Posted by buddyinvest > 2016-08-25 13:18 | Report Abuse

Icon Sifu, no need to tiu them, buy something with EPS growth (borrow ah Koon's theory)

Posted by IBanker > 2016-08-25 17:22 | Report Abuse

icon, MKH QR has been released. EPS 9 strong profit!

Posted by IBanker > 2016-08-25 17:38 | Report Abuse

In B2 of QR:
In addition, plantation division also recorded lower CPO sales in the current quarter of 21,300 MT as compared to the preceding quarter of 32,100 MT. The lower CPO sales was mainly due to deferment of sales totaling 3,750 MT to the following quarter for better pricing strategy and absent of external CPO sales trading.

Something to look forward in next QR!

Posted by 77huat77 > 2016-08-25 17:46 | Report Abuse

Icon litrak outperform !

Posted by 77huat77 > 2016-08-25 19:48 | Report Abuse

Icon now I know what you mean le !!! Great !

Posted by betulbetuicakap > 2016-08-26 06:05 | Report Abuse

If this icon word can believe, then we can also believe Najib

Posted by IamGoogle > 2016-11-29 16:53 | Report Abuse

Another bad call by Icon

Posted by solomin > 2017-01-05 23:44 | Report Abuse

icon, may i know what is your view about DKSH now?