Posted by necro > 2013-03-25 16:59 | Report Abuse

MARKET CRAZY..
PSYCHOLOGY SUPPORT...
RUN RUN...

Posted by anbz > 2013-03-25 17:17 | Report Abuse

chongkui... before u were asking: 'opportunistic or asking for falling knife', now, do u think today answer some of it???
and gark... idiots won today, and i'm one of the member of The Kingdom of The Idiots, hehehe

Posted by oldman > 2013-03-25 17:39 | Report Abuse

different views with different perspective.

Posted by kcchongnz > 2013-03-25 17:49 | Report Abuse

aiyah, why you all every minute talk about share price ah, a few sen up and a few sen down? Big insiders throwing their shares meh? Company business suddenly plunges south meh? You all day traders ah? I just don't know what to say.

Posted by sh2383jbt > 2013-03-25 21:38 | Report Abuse

Hahaha....keep la,

Posted by KAHFIEHLAI > 2013-03-25 22:52 | Report Abuse

Hi, kcchongnz
quite sometimes not in this forum how are u? we just canno care too much others comments and actions. Just do the best on ourselves

Posted by kcchongnz > 2013-03-26 04:46 | Report Abuse

KAHFIEHLAI,
I am good. Hope you too. I just want to join in the fun here. There are all kinds of market players here but it is hugely dominated by traders, minute-by-minute share price watchers, forecasters and predictors. Very "interesting" indeed.

Posted by nubhan . > 2013-03-26 09:05 | Report Abuse

buy and keep.

Posted by oldman > 2013-03-26 10:52 | Report Abuse

buy and keep.

Posted by iafx > 2013-03-26 11:05 | Report Abuse

no need rush, without new catalyst, can break 1.8 as selling pressure is on with other opportunities arise

Posted by Betty > 2013-03-26 12:44 | Report Abuse

Good, up again, buy and it will up more

Posted by aunloke > 2013-03-26 13:04 | Report Abuse

With the market sentiment like this it won't go far however with its fundamental quality it won't drop much, it'll just drifting sideway for a long time until the GE dust is over, as for now nothing to sing out loud.

Posted by Betty > 2013-03-26 13:15 | Report Abuse

Strong support at 1.80

Posted by fandi > 2013-03-26 16:19 | Report Abuse

you all waste too much time watching the share movement everyday

Posted by mansor80 > 2013-03-26 17:22 | Report Abuse

different people different strategy

Posted by gark > 2013-03-26 20:41 | Report Abuse

Few sen up and down also so exited meh? I am not the least bothered. Anyway if got confident buy and no confident esp you anbz, don't buy.

I am keeping mine for longer term view so i am not the least worried.

Posted by anbz > 2013-03-27 12:35 | Report Abuse

as always ...when market is excellent just now up 13.31 points ... KFIMA layu, he he ... yesterday reached until 15 points , the day before that 17 points up... kfima layu cannot erect when exited, hehe... not worried but 'angry' betul gua market dah naik dekat 40 point in 3 days ... this kfima still layu...kih2

Posted by oldman > 2013-03-27 12:37 | Report Abuse

Only problem is no volume

Posted by oldman > 2013-03-27 12:38 | Report Abuse

Everyone holds on the the existing shares and not tempted by the fluctuation of market....what does it mean?

Posted by iafx > 2013-03-27 12:40 | Report Abuse

well, low liquidity counter often trade in this pattern. most u can do is patient only, buy only when it dips :)

Posted by anbz > 2013-03-27 12:47 | Report Abuse

iafx i'm with u :)))))) + :O

Posted by yfchong > 2013-03-27 21:30 | Report Abuse

Never under estimate this counter when index drops then enter lah then make some kopi o money lah

Posted by jtpc2006 > 2013-03-28 16:44 | Report Abuse

grab yours before too late

Posted by Najib Zamry > 2013-03-28 16:47 | Report Abuse

This stock is for smart fellow who can see value....Are you smart?

Posted by tonylim > 2013-03-28 16:51 | Report Abuse

Soon.. Trow?

Posted by fandi > 2013-03-28 16:56 | Report Abuse

Najib, please shed some light

Posted by Najib Zamry > 2013-03-28 17:06 | Report Abuse

Fandi, I am not here to share tips but rather sharing my 100% winning strategy of buying deep undervalued stock. If you just follow the mediocre people whom has no business sense at all then you are destined to loss.

Posted by anbz > 2013-03-28 17:12 | Report Abuse

well gark i lose to u today, i should have bought it at 1.82...
and Najib Zamry ... your nick name should be NZ , isn't it ... i wonder would u be... ... By the way i'm idiot not smart..as i've admitted before.

Posted by anbz > 2013-03-28 17:13 | Report Abuse

but ge is still near... the idots still have the chance

Posted by gark > 2013-03-28 17:18 | Report Abuse

anbz, short term fluctuations does not interest me.. what is a few cents...?

Posted by anbz > 2013-03-28 17:21 | Report Abuse

a few cents is for people like me that has burnt a lot in this bursa since years... so do u still want to offer me the '10 cents'... if u're kind tell me one counter (small counter) that will increase 10cents tomorrow..bye2

Posted by iafx > 2013-03-28 17:22 | Report Abuse

anbz, " ... your nick name should be NZ"

hahhaahaa... banyak si-tipu + si-roti-canai di forum ni :)

buy low sell high, don't easily get influenced, not until new catalyst arise, juz follow low liquidity trade pattern

Posted by gark > 2013-03-28 17:23 | Report Abuse

Haha you know already what, I don't speculate short term. My average hold rate is >2-3 years per counter. I cannot tell you which counter will go up 10 cent in 1 day, but there are plenty which can goes up 10 cent in a year or so. Interested?

Posted by gark > 2013-03-28 17:26 | Report Abuse

Different people different tactic, not all is suitable, Some look for highest daily volume, some look for value, some treat bursa like casino, some like passive income, some just don't care ...many types of people.

Posted by tarrasque > 2013-03-28 17:26 | Report Abuse

tarrasque is interested with gark's portfolio, kindly share with us. gracias

Posted by chongkonghui > 2013-03-28 18:38 | Report Abuse

life is boring so some watch horror movie and some argue in forum.

Posted by kcchongnz > 2013-03-28 19:59 | Report Abuse

Posted by iafx > Mar 28, 2013 05:22 PM | Report Abuse

anbz, " ... your nick name should be NZ"

hahhaahaa... banyak si-tipu + si-roti-canai di forum ni :)

buy low sell high, don't easily get influenced, not until new catalyst arise, juz follow low liquidity trade pattern


If you want to attack kcchongnz, go to the thread I specially created for you and me. Don't be "put char" and make a bloody fool of yourself everywhere. If you want to attack Najib Zamry here, I think you have gone overboard. Najib is a nice fellow and he has never say a bad word about you, despite that you are such a dickhead.

Posted by iafx > 2013-03-28 21:19 | Report Abuse

fuyooo... soooo desperate to admit. go back to yr cheat thread, read what U WROTE FOR YOURSELF, no one accuse u of anything. keep yr 'if' exclusive to yrself, who cares? sigh

now try to play other to attack me?! what a scumbag u r!

Posted by Najib Zamry > 2013-03-28 21:29 | Report Abuse

You will never reach your destination if you throw stones at every dog barks by Winston Churchill

Posted by anbz > 2013-03-28 23:08 | Report Abuse

mr kcchongnz i'm sorry for my action, i'm just asking najib...sorry again, i'm terribly sorry.. i hope u are not upset at me.

Posted by anbz > 2013-03-28 23:13 | Report Abuse

gark, your question> INTERESTED? sure i'm... so?

Posted by tuniamasingh > 2013-03-29 09:25 | Report Abuse

Do not understand why this forum has become the platform of personal attack and name calling instead of stock recommendation and discussion.

SAD SAD SAD....

Posted by kcchongnz > 2013-03-29 11:29 | Report Abuse

Earnings Power Valuation for Kumpulan Fima

Valuation is really a very tough task to carry out. It has to be a forward looking exercise. That means we have to make some forecast of a company’s future cash flows. However forecasting is a very hazardous endeavour and it has been proven again and again that forecasting of future cash flows, especially the optimistic ones often run out by huge errors.

Earnings Power Value (EPV) was postulated by a Columbia University Professor and proven successful investor Bruce Greenwald. It is an estimate of the value of a company from its ongoing operations only. First we would assume that current revenue is sustainable. We then normalize the earnings to the business cycle. This eliminates the effects on profitability of valuing the firm at different points in the business cycle. This means that we are considering the average % operating profit over 5-8 years. This average would then be applied to current sales. The beauty of EPV, for value investors, is that the numbers used to calculate it are no growth free cash flows. By using no growth free cash flows we eliminate the predictions of future growth and as such arrive at a number which we can be fairly certain of. This isn't to say that some companies can't expect significant growth, but as value investors we refuse to pay for it. The next step is to subtract non-interest bearing debt and the cash not required to run the business; and any other investment which has not been unconsolidated into its results, and any minority interest. The final step in calculating Earnings Power Value is to divide the final cash flow number by the cost of capital. This gives us the present value of a perpetuity without any estimation of growth. That is the Earnings Power Value.

Lets carry out a valuation exercise of Kumpulan Fima here using its latest revenue for its ordinary business its twelve month trailing revenue for year ended March 2013. The EPV is shown below:

Revenue ttm 000 472457
Ebit 102210 22% Ave margin
less income tax -21490 21% Tax rate
EBIT after tax 80720
Add average D&A 20154
Less average capex -22546
Normalized Ebit 78329
Cost of capital, R 10%
Capitalized earnings=Nor Ebit/R 798408
Add cash 246001
Other investments 111492
Less debts -14325
EPV 1141576
Less minority interest -263178 23.1%
EPV to common shareholders 878398
Number of shares 267972
EPV/share 3.28

If one looks properly at the derivation of Normalized EBIT above, it is actually the owner’s earnings as stated by Warren Buffet in one of his letter to shareholders of Berkshire Hathaway.

Posted by jtpc2006 > 2013-03-29 15:19 | Report Abuse

KFima's earnings power valuation is conservatively 3.28, what will make the current prx jump to reflect this level?

Posted by iafx > 2013-03-29 15:27 | Report Abuse

1:1 bonus issue :)

Posted by lmf_hau > 2013-03-29 15:49 | Report Abuse

Iafx,

its shd be 1:2.5 bonus + FOC warrant , as its retain earning r capable .. ^^

But , those who holding 2.05 , Can they still tahan or alive now ???
Despite of the bullish market , they earn nothing at the moment !!!

Those listen to 2.05 buy sifu ,, they r all holland now ...
Those listen to KHSB 76c good due sifu ,, now fighting like hell for a Politic speculative stock forum .....

Posted by kcchongnz > 2013-03-29 15:57 | Report Abuse

Only naive punters think that a 1:1 bonus increases the value of a company and hence his share. Somebody give you a cake and you want two. Ok the cake is cut into two and give it to you. Oh, you now have more cake.

Of course those day traders and punters who bought at 2.05 Holland liow, because they heard rumours of privatization, corporate exercises etc and sailang. But now have to sell; ah Loong knocking at their doors, margin calls etc. Sure Holland liow.

Posted by iafx > 2013-03-29 16:33 | Report Abuse

@lmf_hau, as v all knew banyak si-tipu + si-roti-canai oh sini :D :D :D

what to do, pity her never seen a 1:1 bonus before, hahahaha... don't know y so desperate? hahahaaa...

warning: her calculation is way way way off, 3.28??? hahahahaaaa... then all the institutes out there must be so stupid. buy base on these sort bs analyst, Holland is not too far away :D

Posted by gark > 2013-03-29 16:47 | Report Abuse

Bonus issue and share split is waste of time and money. Other than more shsre outstanding and lower price it give absolutely zero value except for ib fees.

Posted by kcchongnz > 2013-03-29 17:18 | Report Abuse

aiyah gark, how do you expect this fellow to fathom bonus issues is a waste of money to ib fees. From the posts he posted so far, especially those he wanted to ridicule me on fundamentals of finance, don't you know that he "mo lew tou", no substance?

Me desperate? Why? All my investment follows fundamentals; no problem lei. Btw do you know what is my average price of Kfima or not? Around 1.10 lei. What about the no liquidity stock Pintaras? About 2.00 lei. Nothing to shout about, but just to tell you I am no desperate lei. How to go to Holland?

Wah using "her" calculation: ah? Why ah? Hey I got kukutiaw one lei. Oh, I know who got no kokotiaw, the one always trying to attack me everywhere; but when I opened a thread just for two of us to discuss finance and investment, so that others are not disturbed. You know what ah? He "put char" lei. So who is her? Who got no kokotiaw?