Posted by inwest88 > 2013-08-13 21:13 | Report Abuse

It's a stock pick by kcchongnz very recently. Up 20% since then.

Posted by inwest88 > 2013-08-13 22:43 | Report Abuse

Suggest you read up the write-up by kcchong and make your own judgement.

Posted by wm83 > 2013-08-14 15:24 | Report Abuse

wa... seems like a sharp drop out of sudden

Posted by samcghee > 2013-08-14 15:32 | Report Abuse

Dropping already. Keep buying

Posted by samcghee > 2013-08-14 15:33 | Report Abuse

Too high already.

Posted by 9696 > 2013-08-14 17:28 | Report Abuse

chance to accumulate.

Posted by ran777 > 2013-08-15 17:10 | Report Abuse

Why so uncertain direction on this stock? Where to find kcchongng write up on fibon?

Posted by rmkfac100812 > 2013-08-16 06:21 | Report Abuse

hi guys cn buy at .37? tq..

Posted by Superman88 > 2013-08-16 14:02 | Report Abuse

TA give sell call..dare to buy?

Posted by kcchongnz > 2013-08-16 14:13 | Report Abuse

TA gave a sell call on Fibon as followed.

[Valuations
We maintain Fibon’s target price at RM0.37/share, b
ased on unchanged 7x
FY14 EPS. Note that Fibon’s share price has advance
d 18% since early August,
we downgrade Fibon to Sell from Hold previously, as
we believe the share price
has already run ahead of its fundamentals.]

My usual questions are:

1) why based on valuation of Fibon at 7 times Earnings? Why not 5 times, 10 times, 15 times?
2) Fibon has an excess cash of 20 sen per share. Has TA taken this into account in its valuation?
3) What if Fibon has a net debt of 20 sen per share but still earns the same EPS, will the valuation still the same? If yea or no, why?
4) What if Fibon distribute all this excess cash as special dividend. And it is still debt free. Will the valuation still the same?

Posted by messiBarca > 2013-08-19 18:55 | Report Abuse

how come Fibon drop much

Posted by KC Loh > 2013-08-20 16:24 | Report Abuse

collected some!

Posted by KC Loh > 2013-08-20 16:26 | Report Abuse

this one got to thank kcchongnz.

Posted by ran777 > 2013-08-23 12:48 | Report Abuse

Keep dropping.will there be recovery?

Posted by sephiroth > 2013-09-06 13:36 | Report Abuse

the group has continued to reward its shareholders by distributing 20%-25% of its net profits since listing. We understand that Fibon has an intention to raise its dividend payout ratio gradually to c. 45%-50% in view of the group’s steady business growth.

Posted by sephiroth > 2013-09-06 15:11 | Report Abuse

grab at 0.32, attractive price to enter, 20.4 sen cash, nice write up by kcchongnz
http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/34374.jsp

Posted by sephiroth > 2013-09-09 09:39 | Report Abuse

suddenly u turn and come back to life with moderate volume

Posted by JTFX > 2013-09-09 17:01 | Report Abuse

bot another 500@0.325....

Posted by JTFX > 2013-09-09 17:09 | Report Abuse

sry..500 lots...2nd batch to avg..

Posted by sephiroth > 2013-09-10 09:30 | Report Abuse

stabilized at 0.31(strong support), volume increasing, ready to bounce back

Posted by 0bucks > 2013-09-10 10:07 | Report Abuse

Jalan Jalan

Posted by JTFX > 2013-09-10 10:09 | Report Abuse

Kenanga IB now spotlighting this stock...

Posted by sephiroth > 2013-09-10 10:55 | Report Abuse

striping off the net cash of 20.4 sen and with eps 5 sen, (34 -20.4 sen=13.6 sen), this counter trading at pe of 2.72X

Posted by 0bucks > 2013-09-10 12:11 | Report Abuse

Hmm, the selling is heavy compare the buying although its good , why is it ppl dumping out?

Posted by tuniamasingh > 2013-09-10 12:22 | Report Abuse

Kenanga pushing up Fibon?

Posted by Weasley > 2013-09-10 12:24 | Report Abuse

yeah,Fibon another cash counter..

Posted by sephiroth > 2013-09-10 14:35 | Report Abuse

last fri buy 0.32 now 0.35, not too bad

Posted by JTFX > 2013-09-10 14:37 | Report Abuse

not Kenanga pushing..i3 investors goreng ..LoL

Posted by 0bucks > 2013-09-10 14:57 | Report Abuse

can in somemore ?

Posted by sephiroth > 2013-09-10 15:11 | Report Abuse

i3investors members combine flush with cash and gonna make this volcano erupt

Posted by sephiroth > 2013-09-10 16:16 | Report Abuse

impressive 0.36 (+0.035)

Posted by tjhldg > 2013-09-10 16:39 | Report Abuse

still cheap ... just buy ..making money every quarter since listing ...

Posted by kcchongnz > 2013-09-10 16:41 | Report Abuse

sephiroth, you damn smart in making money from value small cap stock of good company.

Posted by sephiroth > 2013-09-10 16:46 | Report Abuse

kcchongnz, after fibon rally to 0.40, i thought i can't buy cheap anymore, i set tp 0.32 to buy and waited for almost a month, finally grab at 0.32 on fri, suddenly kenanga today give tp 0.40

Posted by tjhldg > 2013-09-11 00:26 | Report Abuse

kenanga kedukut leh.. not like rhb.. hehe .. tp 0.45 .. 9 times P/E ..

Posted by houseofordos > 2013-09-11 07:54 | Report Abuse

oh ? RHB also covering this stock already ? no wonder la...

Posted by Jjtrader > 2013-09-11 09:26 | Report Abuse

Suddenly no volume ....

Posted by sephiroth > 2013-09-11 09:46 | Report Abuse

recover faster than expected, vol 3,317 quite ok

Posted by Wei Xin > 2013-09-11 11:09 | Report Abuse

wait...no hurry wat...second half continue

Posted by 55880955 > 2013-09-11 16:33 | Report Abuse

hiddengem...v difficult to c it down unless u expect another tsunami in our stock market...0.34 will stand as support,may even break new high med term.

Posted by 55880955 > 2013-09-11 16:33 | Report Abuse

hiddengem...u went in digistar?

Posted by Hafiz_444 > 2013-09-11 16:35 | Report Abuse

digista can break 30?

Posted by 55880955 > 2013-09-11 16:39 | Report Abuse

0.32 is the temporary top....if m not wrong current wave up cud turn into an impulsive wave bringing it to 0.34-0.38 area later--1-2weeks from now.

Posted by sephiroth > 2013-09-11 16:39 | Report Abuse

fully recovered, time to move north tomorrow

Posted by inwest88 > 2013-09-11 16:45 | Report Abuse

huh 55880955, how come digistar in fibon thread. Anyway hopefully can close at 30.5 sen

Posted by Wei Xin > 2013-09-11 16:47 | Report Abuse

Fibon very confident now..

Posted by bsngpg > 2013-09-11 22:43 | Report Abuse

My humble opinion on KC Chong's portfolio - Time Horizon:

I think that time horizon on Fibon for KC Chong is years. But many of you were talking about half session, day or week. That deviates from the message behind KC Chong’s analysis. KC Chong is waiting for the duckling to grow to a beautiful White Swan, while you are talking about if the duckling gets fat tomorrow so that you can slaughter and eat it as Peking Duck. For those who do not have patient, I think KC Chong’s portfolio will likely disappoint you.
What do you think ?

Posted by Ooi Teik Bee > 2013-09-11 22:51 | Report Abuse

I bought 50,000 shares at 0.32 on 6/9/2013, I sold today (11/9/2013) at 0.365. Made > 2,000 on T+3. Good stock selection. Thank you.

Posted by inwest88 > 2013-09-11 23:00 | Report Abuse

OTB, is this a sell signal as I thought you will wait for it to shoot past 41.5 sen.

Posted by Ooi Teik Bee > 2013-09-11 23:09 | Report Abuse

I still have another 50,000 queue to sell at 0.415.