Posted by nch218 > 2014-01-29 22:41 | Report Abuse

Thanks Mr Ooi for the stock pick...good angpau...
Any other picks?

Posted by Risk Trader > 2014-01-29 22:42 | Report Abuse

LTinvestor ...TP ?

Posted by LTInvestor > 2014-01-29 22:52 | Report Abuse

Risk Trader : RM2.10

Posted by Tessa Joseph > 2014-01-29 22:57 | Report Abuse

RM2.10?? wow

Posted by Ooi Teik Bee > 2014-01-29 23:10 |

Post removed.Why?

Posted by Madam YS > 2014-01-29 23:10 | Report Abuse

mak ai dua ringgit sepuluh sen, cun, cun
hehehe

Posted by LTInvestor > 2014-01-29 23:27 | Report Abuse

This is just the beginning of continuous uptrend of SILK. Both Silk O&G & Highway Division are extremely undervalued.

Highway Division - Historical traffic growth of 12% p.a & 63m cars p.a
- avg toll at RM1.20 (including 20 sen compensation by gov)
- Expected increase RM1.80 ( toll rate of RM1.50+ 30 sen compensation)
- Toll concession have sticky customer base and 50 sen hike unlikely to deter
growth of at least 10%
- Expected EBITDA - FY2014: RM86m FY2015: RM118.2m
- Estimated valuation - (8x EV/EBITDA) RM500m

O&G Division - owned 18 vessels (including 3 under construction) of which 7 are deep water
vessels. At 85% utilisation rate all 7 vessels expected to contribute RM100m
EBITDA.
- High probability to secure Petronas deep water OSV contract
- FY2013 EBITDA : RM173.1 FY2014 Est :RM200m
- Estimated equity valuation (net of MI) - RM800
- Competitor EBITDA in comparison FY2014E : Alam: RM125.5m, Perdana-
RM151.1m
- Lower PAT due to : 1) aggressive depreciation policy of 15 years as opposed to 25
years (industry norm) 2) Presence of MI in JV co which is now 100% subsidiary of
Jasa

Summary - Estimated valuation based on above assumptions - RM1.3bn. Assuming 30% haircut
company is still worth at least RM1bn. In comparison current market cap stands at
RM352m. Significant potential uplift in return

Disclosure: I am long SILK. I wrote this analysis myself, and it expresses my own opinions.Investors are advised to conduct own financial due diligence & company research before making an investment decision. I am not receiving compensation for it and I have no business relationship with any company whose stock is mentioned in this analysis.

Posted by Madam YS > 2014-01-29 23:30 | Report Abuse

esok kasi limit up hehehe

Posted by nch218 > 2014-01-30 00:34 | Report Abuse

All right Mr Ooi, I m using hle Broking to trade without remiser. Will consider to use your service.

Posted by martiniclub7 > 2014-01-30 07:08 | Report Abuse

Zack Liza how do you know CIMB collected at 65sen? All i know is that there are a lot of other investment banks that are accumulating SILK stock (not sure at which price). This means these banks will only start selling much later, it is still quite early to start selling it as this year's result will be better, plenty of upside. I even thought there will be a terrible technical sell down, and it only bleed 5sen during bad market condition. Hopefully will hit 80sen after CNY. and RM1 by March.

Posted by zack_liza > 2014-01-30 09:47 | Report Abuse

our company have 8 fund managers..i can monitor their transaction buy & sell..up to you...to me, if u confident certain stock u can hold...jangan ikut2 orang...studies before doing investment...

Posted by andyhard > 2014-01-30 09:54 | Report Abuse

Mr Ooi,

I would like to know more about opening account with you

Posted by Joel > 2014-01-30 10:13 | Report Abuse

Buy Silkhld b4 CNY, this counter is going to rebound & u will cant able to expect how higher

the price will hit.

Posted by Joel > 2014-01-30 10:14 | Report Abuse

Silkhld stand a good chance fr Petronas contract.

Posted by lee9fold > 2014-01-30 10:33 | Report Abuse

zack lisa...u holding this stock?

Posted by lee9fold > 2014-01-30 10:34 | Report Abuse

joel...u have been following this stock for sometime?

Posted by mrlim > 2014-01-30 10:56 | Report Abuse

can be a sign of goreng now

Posted by mrlim > 2014-01-30 10:57 | Report Abuse

not quite eh

Posted by lee9fold > 2014-01-30 11:31 | Report Abuse

is mr lim an uncle? lol

Posted by ultramantoron > 2014-01-30 11:57 | Report Abuse

kena goreng liao

Posted by LTInvestor > 2014-01-30 14:50 | Report Abuse

Duke highway was sold to Ekovest at valuation of RM760m.

Duke Financials FY2012 : Rev89.2m LBT :RM38.1m

whats the value of silk highway?

Posted by Ooi Teik Bee > 2014-01-30 15:05 | Report Abuse

andyhard Mr Ooi,

I would like to know more about opening account with you.

Ans : Please call me 603-21482111 (off hours). I do not wish to discuss anything here.
Thank you.

Posted by optimus2 > 2014-01-30 15:40 | Report Abuse

Target 5.00 not sure wat currency. Tell u later.

Posted by lee9fold > 2014-01-30 15:51 | Report Abuse

target 5.0?

Posted by optimus2 > 2014-01-30 15:52 | Report Abuse

Ya. Read carefully har. No free lunch inthis world

Posted by tc2012 > 2014-01-30 15:58 | Report Abuse

I guess is Thai Baht

Posted by optimus2 > 2014-01-30 15:59 | Report Abuse

Mayb

Posted by Risk Trader > 2014-01-30 16:02 | Report Abuse

Next week will test to new high...TP 2.10

Posted by optimus2 > 2014-01-30 16:07 | Report Abuse

Ini macam mao pergi book falali liow. Apa model bagus. Sulah ala dua biji....

Posted by lee9fold > 2014-01-30 16:10 | Report Abuse

risk trader...nice joke lol

Posted by Risk Trader > 2014-01-30 16:14 | Report Abuse

TP RM2.10 by anaylsis LTinvestor

Posted by lee9fold > 2014-01-30 16:16 | Report Abuse

hahaha...dat 1 his own opinion lah...btw i think 0.9 is reachable

Posted by rikki > 2014-01-30 16:23 | Report Abuse

Last few days of sell down in US was a blessing in disguise. Silk was highly overbought and as a result have corrected & profit take. It's now ready to challenge the next target of 0.80.

Posted by lee9fold > 2014-01-30 16:37 | Report Abuse

hi rikimaru...lol

Posted by rikki > 2014-01-30 17:20 | Report Abuse

@lee9fold....nice name rikimaru, a fictitious ninja. My synonym was actually taken from the Jungle Book Story, Rikki-Tikki-Ravi......lol

Posted by martiniclub7 > 2014-01-30 17:42 | Report Abuse

Lol.. Rm2.1 by 3rd quarter adalah.. TP 90 sen dulu till this stock goes to sleep for awhile.

Posted by psd57 > 2014-01-30 17:57 | Report Abuse

How is the TA reading for SILK now?

Posted by lee9fold > 2014-01-30 18:10 | Report Abuse

according to bro ct and skyhawk...currently still in wave 3...more upside to come...their tp is 0.86 & 0.9x...trade at own risk

Posted by ktrader > 2014-01-30 18:12 | Report Abuse

when to sell?.....wave 5?

Posted by psd57 > 2014-01-30 18:21 | Report Abuse

lee9fold : thks bro for the info.

Posted by Ratna NinjaGal > 2014-01-30 18:31 | Report Abuse

Ninja says Kaeru no ko wa kaeru.
Literally: Child of a frog is a frog.
Equivalent: Like father, like son.
wakakakaka

Posted by Madam YS > 2014-01-31 10:04 | Report Abuse

TP2.10
hehehe

Posted by Risk Trader > 2014-01-31 12:39 | Report Abuse

Next week will break to 0.80 cent...

Posted by lee9fold > 2014-01-31 19:44 | Report Abuse

yea....i guess so

Posted by Madam YS > 2014-01-31 22:45 | Report Abuse

SILKHLD boleh!!!

Posted by Risk Trader > 2014-02-01 00:01 | Report Abuse

Lowest price in IPC sector....good buy for long term.

Posted by Madam YS > 2014-02-01 09:06 | Report Abuse

Next week will break aku punya TPRM1.00
hehehe

Posted by ktrader > 2014-02-01 09:25 | Report Abuse

Invest growth stock tak perlukan pemantauan selalu....masuk kan dlm peti ais kemudian duduk ontok ontok....

Posted by Madam YS > 2014-02-01 09:44 | Report Abuse

Betul! tak beli cepat rugi hehehe

Posted by ktrader > 2014-02-01 09:50 | Report Abuse

Sudah beli 60 big lots.....skrg Ada dlm freezer, dah....jadi 60 ketul air batu, ha ha ha....