1stQ15 is a blow-out quarter - 36% increase in NP from 1stQ14. It's also 116% increase over 4thQ14 if the RM92M fair value gains are taken out. The out-look for the year according to the notes to the 1stQ15 accounts is also good. So whoever sells now will fall unnecessarily into the jaws of the wolves and possibly KSL's insiders!
Foreign funds are still pulling out to buy into China market due to China index going to be included in the World Index for emerging markets. Once the selling is over, KLSE will rebound and with it second liners like KSL.
Just look at the small volume despite a blow out quarter and very good outlook for the rest of the year! That's how much by which the raids of the wolves have reduced interest and confidence in the stock. So KSL's management - WAKE UP and start supporting your own stock which is so much under-valued!!
If KSL's management have been actively countering the wolves, the price would have reached 2.50 by now if not 3. As it is, the analysts also have been lowering the TP. Almost all the shares for which their managements anticipated upgrades have share buy-back support policy at the ready e.g. Hapseng, Hevea etc! They will NOT allow their share price to be thrashed by the wolves because of the costs to the company itself. What I have written is free financial consultation to KSL's management. There is also the likelihood that the wolves are cooperating with KSL's insiders!
Just KSL's recurring income from rental, hotel and others of close to RM50M per year will be enough to justify a share price of 2.50. That the share price is now languishing is the result of the raids of the wolves and KSL's unskillful and ineffective share buy-back price support!
the insiders aka wolves want to have the cake & eat it…..this china ah pek dun understand win-win formula…. so scared of small investors making their money….they have a misplaced focus on outsmarting the small investors instead of working on the fair value of the company. So they now end up playing among themselves while the vol has dwindled to a miserable level..:))
the sad thing is every time it notches up a few cents, small investors are thinking of throwing lest they fall into the trap of this insiders/wolves again…. what a shame...
imagine KSL's PE of 5Xs vis-a-vis Mahsing 10 Xs or SP Setia 20Xs….the result of the myopic vision of the so-called insiders/wolves. It's no brainer that the stake holders make much much more if their share price is 2.5 now...
share price up 7 cts with vol of 370k… probably will drop 7 cts later with vol of 100k…hahaha…pathetic KSL….the IR adviser shd be sacked long time ago & replaced with sikung 119 or my learned bro ST Koay…hahahaha
For us long-term & value-seeking investors, we are just waiting at the 3.5 goal post.. watching this straitjacketed bull making its way towards us….hope this bull can break off all the shackles & be supported by the ultimately enlightened owners...
cch. Thanks for the supporting comments. Hope KSL managment read these and take action! (No, I don't mean hiring me; just support the price more aggressively, Ha Ha).
Dividend already declared long time ago; only ex-date to be announced. After announced, based on track record, likely a massive sell-down by the wolves. If so, conserve your bullets and hunt with them. Do NOT sell! BUY instead!
Hello...my dear bro CCH.......long time no hear......hahaha.... When my tycoon bro is back, our darling is gonna fly..... BTW, dun know if this is the real CCH..........spidee should know. Where are you my darling spidee??
sifu 119. Our darling needs strong market sentiment to perform..... With the current weak market and soft property market, our darling is holding on well at current level. Take a look at some blue chips, O & G, plantation stocks.....they have dropped so much..... KSL is still about double from its 52 wk low. Wait for market to improve then we can expect our darling to hit another new high........:))
stkoay. I am aware of the soft market sentiments, especially property. But as CCH pointed out, KSL's PE is so low (5x) compared with other less profitable property companies like Mahsing (10x) and SP Setia (20x). The reason as CCH concurred with me is due to the wolves'/KSL's insiders' raids which sapped investors' confidence. So if KSL's management buck up and aggressively support the price against the wolves, investors' confidence will rapidly return. If KSL's management remains passive, why have a share buy-back policy at all? Even if KSL want to hunt with the wolves with its share buy-back so as to acquire shares on the cheap for distribution in lieu of cash dividends, it will have to set the share price even lower otherwise more will opt for cash and increase its cash out-flow. If share price is set lower, more new shares will have to be issued leading to more dilution and lower share price. In the meantime, it will still have to divest 40% of its profit as dividends. So KSL's share price will be caught in a vicious downward cycle if it does not aggressively support its share price!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kenneth89
2,695 posts
Posted by kenneth89 > 2015-06-01 10:48 | Report Abuse
TODAY MARKET NOT GOOD... AFFECT KSL