Posted by leoting > 2017-11-22 10:45 | Report Abuse

Great Analyst

Posted by BullRunComing > 2017-11-22 11:09 | Report Abuse

Thanks for the write up. Very informative

Posted by soojinhou > 2017-11-22 11:11 | Report Abuse

Thanks for the article. Well, Parkson is still bleeding, no doubt. On the positive side, the same store sales growth for China is positive for the latest quarter, as well as for 9M2017. Although in the low single digit, at least it's not red anymore.

Posted by csl1991 > 2017-11-22 11:42 | Report Abuse

Hi davidtslim. Thank you for your hard work and willingness to share your research. Good job and well done. I have learned a lot and hope to continue reading your publications here in i3.

Posted by elvingan > 2017-11-22 12:26 | Report Abuse

太好的资料了，感谢

Posted by value88 > 2017-11-22 12:35 | Report Abuse

Very informative analysis. Better than investment banks' analysts. Brilliant.
Thanks David Lim.

Posted by SALAM > 2017-11-22 15:31 | Report Abuse

Hi David, appreciate your in depth and critical analysis on Lion. What's your take on Masteel and others

Posted by abang_misai > 2017-11-24 09:30 | Report Abuse

Thanks @davidtslim

Posted by abang_misai > 2017-11-24 09:31 | Report Abuse

Wonderful analysis. I made a lot of money from this stock.

Posted by abang_misai > 2017-11-24 09:43 | Report Abuse

Beli cepat. Wait for Lionind – Top 4 Rebar Manufacturer in Malaysia (Part 3)

Posted by lizi > 2017-11-24 09:50 | Report Abuse

predict 60 mil and result is 28 mil. how?

Posted by speakup > 2017-11-24 10:10 | Report Abuse

lionind should merge with liondiv become 1 big strong steel player.

Posted by dinsblog > 2017-11-24 15:40 | Report Abuse

tq bos for the details analysis...really appreciate this kind of info.

Posted by qqq3 > 2018-06-16 15:21 | Report Abuse

reminiscence of analysing HY butt spreads ....and gets buried by the butt spread analysis......

better...easier...no need fantastic butt spread analysis or even rebar analysts.....what you need is business sense.



Blog: message to steel investors.....

Jun 16, 2018 01:11 PM | Report Abuse

soo...if this Lionind was a bad buy at $ 1.70....It is still a bad buy at 90 sen. see above.
cash generated $ 263 milllion?
where got cash, stocks and debtors increased by $ $ 400 million to > $1 billion got....stocks and debtors each more than 6 months operations., deteriorating quality, ...This company has June year end....lets see how they will finalize the accounts for the year end....
good unaudited results,...the share price comes down, next result will be audited......hahahahaha

$ 150 million goodwill, $ 800 million investments in Parkson.....lets see what they will do with these.....

Alliance has finished their trial runs.....fun to watch for 2H 2018.....

remember HY? same kind of analysts gets their pants burnt.....the OTB types.....you don't see good analysts burnt by HY or by Lionind.....


For each of the last 5 years...this company has always produced disastrous June results...after good interim results....

Its their habit to produce good interim results and put all the bad news in the last quarter......same expected this time, if not even worse.....look closer...I give you hint already....


what I cannot tolerate is amatuer analysts present themselves as sifus, take people to hollland, and still act bigshot as if nothing has happened.....reminds me of Najib still updating his Facebook.


soo...people like you never learn.....attracted to con-games like bees to honey....


however, if people place business sense before figures, such disasters are a thing of the past....if people place business sense and management quality before figures even better.....and if people look beyond the surface figures, even better......

Posted by Ooi Teik Bee > 2018-06-16 15:48 | Report Abuse

Let us see the final result at the end of 2018.
Make money or losing money if you buy Lionind at the present price of 0.89 will be known at the end of 2018.
I want to make known that I bought Lionind around 0.70 to 0.74 in a big way.

Investment in stock market, there is no right or wrong.
It is depend on your strategy.
If the strategy is right, you will make money.

I am not an accountant, my strategy is based on TA and FA.
FA is very good because the PER is around 3.17.
EV/Ebit is 4.48.
Free cash flow is very good.

TA is showing the price had bottom around 0.70.
If I bought Lionind at a cheap price, the risk is very low unless the price is below 0.70 again.

I just express my opinion here, I did not ask you to buy.
The final decision to buy is always yours.

Thank you.
Ooi

Posted by Ooi Teik Bee > 2018-06-16 15:56 | Report Abuse

Please note the latest quarter result Q3 2018 of Lionind.

Net cash = 73.7 million
CFFO = 52.867 million
Free Cash Flow = 131.389 million
Interest cost = 21.221 million
Interest coverage = 7.286.
EV/Ebit = 4.48
PER = 3.17

I believe the FA report of Lionind is fantastic.
I am not an accountant, my 2 cents opinion only.

Thank you.
Ooi

Posted by qqq3 > 2018-06-16 16:50 | Report Abuse

Posted by Ooi Teik Bee > Jun 16, 2018 03:48 PM | Report Abuse

Let us see the final result at the end of 2018.

==========


To you....It is lets see, as if it is not real money.

To customers, it is real money.

To you...It is up, you claim credit for idiotic risk
It is down....too bad...not your money.

Posted by Ooi Teik Bee > 2018-06-16 16:59 | Report Abuse

I just express my opinion here, I did not ask you to buy.
The final decision to buy is always yours.

I hold Lionind more than you.
If Lionind dropped a lot, I suffer more than anyone else.
I did not ask readers here to buy.

Talking cock story.
Please short Lionind, I have a big position on it.

Thank you.
Ooi

Posted by qqq3 > 2018-06-16 17:01 | Report Abuse

good stockpickers work in this order.....business sense, management quality, past figures.

amateur analysts work in this order....past figures, butt spread analysis they themselves do not understand....low PE buy...cyclical stocks even better., red chips even better.

always end with thank you for your money but final decision is yours.

Posted by Ooi Teik Bee > 2018-06-16 17:01 | Report Abuse

It is my real money, I am more than willing to bet on it.
Please short Lionind.

Do not talk cock story here.

Thank you.
Ooi

Posted by Ooi Teik Bee > 2018-06-16 17:03 | Report Abuse

Investment in stock market needs to be simple.
I do not have any business sense.

Please short Lionind rather than talk cock story here.
It is my money, I have my right to express what I want.

Thank you.
Ooi

Posted by Ooi Teik Bee > 2018-06-16 17:07 | Report Abuse

Posted by lala23 > Jun 5, 2018 04:07 PM | Report Abuse

dont understand why many attack OTB. the man did not harm anyone or attack any stock or person. and his emails are always factual. unlike someone else who spews business sense bullshit and attack other stocks to prove his ego

Posted by Ooi Teik Bee > 2018-06-16 17:11 | Report Abuse

Probability, CharlerT, David Lim are also recommending Lionind,
why pick on me ?
I am very easy to bully.

Please note that you compete with me, you lost to me.
You are the loser and I am the winner.

I have better reputation in I3 than you.

Thank you.
Ooi

Posted by qqq3 > 2018-06-16 17:13 | Report Abuse

osted by qqq3 > Jun 16, 2018 05:13 PM | Report Abuse X

ootb and lala may not understand business sense but they should understand....

remember HY? same kind of analysts gets their pants burnt.....the OTB types.....you don't see good analysts burnt by HY or by Lionind.....

Posted by Ooi Teik Bee > 2018-06-16 17:15 | Report Abuse

My profit on Hengyuan, you need to work for many years.
Overall, who is the winner is more important.

I stop here, I do not wish to waste my time here.
You can say what you like.

Thank you.
Ooi

Posted by qqq3 > 2018-06-16 17:23 | Report Abuse

otb and lala

gets stuck in PE 3 ....

not the first time, will not be the last time.....

why the same people who lost their pants in HY, are also the same people who lost their pants in Lionind ? and in red chip counter.

I am sure greedy for performance has a lot to do with it.

Posted by CharlesT > 2018-06-16 17:24 | Report Abuse

Otb why should u be so sensitive on qqq3? U r the one who laughs every night seeing yr bank balance b4 goes to bed...

U n yr 100 clients knew whether u boleh pakai or not...

Do u really care whether qqq3 or ah cat ah dog questions on yr ability to make money fm stock mkt?

Posted by ilovehits > 2018-06-16 17:25 | Report Abuse

People like that onelah. Just look at Dr. Wee Ka Siong, work hard for Ayer Hitam but netizens always blame and criticize him. This is truely call bully, pity.

Posted by CharlesT > 2018-06-16 17:27 | Report Abuse

Otb if qqq3 claimed u hv no balls so would u want to prove him wrong by showing yr balls here??

Posted by CharlesT > 2018-06-16 17:28 | Report Abuse

Again n again?

Posted by qqq3 > 2018-06-16 17:34 | Report Abuse

actually...I don't care for OTB....If his name is XYZ, I will treat him with equal contempt....It is just my nature I cannot let a Najib running around and updating his Facebook even now.

Posted by probability > 2018-06-16 17:35 | Report Abuse

Tiger sometime need to play with a naughty cat like a cat ma....

only then it can truly feel the blessings of its powerful claws and jaws ma...kiki

Posted by probability > 2018-06-16 17:38 | Report Abuse

unfortunately the little cat refuse to accept its just a cat...and always talk...dreams..and behaves like its the grandfather of the Tiger...kiki

Posted by CharlesT > 2018-06-16 17:40 | Report Abuse

What i knew is qqq3 waits for koon's tips to buy jaks n sendai while koon pays otb to manage his fund.

So who is more pandai?

Posted by qqq3 > 2018-06-16 17:41 | Report Abuse

business sense

https://klse.i3investor.com/blogs/qqq3/161407.jsp

Posted by probability > 2018-06-16 17:44 | Report Abuse

guess the grandfather Tiger wants to keep this cat for the purpose of promoting....

Posted by CharlesT > Jun 16, 2018 05:40 PM | Report Abuse

What i knew is qqq3 waits for koon's tips to buy jaks n sendai while koon pays otb to manage his fund.

So who is more pandai?

Posted by qqq3 > 2018-06-16 17:47 | Report Abuse

Wee Kashiong...the lights went out and he became an MP guy.

Posted by probability > 2018-06-16 17:47 | Report Abuse

the cat is indeed pandai...but it really thinks its a Tiger and always want to cari pasal with the real Tigers...

Posted by qqq3 > 2018-06-16 17:49 | Report Abuse

and so Probability lost money in both HY and LionInd....?

so when are you going to change? Is change possible?

Posted by probability > 2018-06-16 17:50 | Report Abuse

sifu qqq3 ...i am now practising pivotal moment...

slowly coming to your level

Posted by qqq3 > 2018-06-16 17:50 | Report Abuse

look closer, OTB also got some red chips with PE 3 ......

Posted by qqq3 > 2018-06-16 17:51 | Report Abuse

well, some people cannot resist PE 3....its like bees to honey.

Posted by CharlesT > 2018-06-16 17:56 | Report Abuse

Some likes cash rm2+per shares in china banks...some like sexy vietnam lady for the next 20 years..

Macam macam

Posted by qqq3 > 2018-06-16 17:56 | Report Abuse

pivotal moment works...but I have not applied since 509.

Posted by qqq3 > 2018-06-16 17:59 | Report Abuse

actually the day they cancel HSR. MRT and KLCI down 40 was the pivotal moment......people could have made money buying that day.....

Posted by qqq3 > 2018-06-16 18:15 | Report Abuse

Posted by rchi > Jun 16, 2018 06:10 PM | Report Abuse

pivotal moment....i prcctise it all the time,latest trade supermx c45,bot 23 sold 29.5 the next day.
if got it right,the feeling is like a climax...haha
==========

good for you.