Posted by Overweight > 2014-02-25 09:34 | Report Abuse

Beautiful gain from Fimacorp these few days, Kfima expected to have decent gain also :) don't miss out this plantation wave again.

Posted by yfchong > 2014-02-25 10:28 | Report Abuse

No comment just waiting for the bullet train to arrive, and buy another ticket for next departure.....thks to all the commentors.

Posted by Sapphire > 2014-02-25 22:37 | Report Abuse

watwatwat

Posted by stockcrazy > 2014-02-26 16:22 | Report Abuse

can buy now at 2.15?

Posted by tonylim > 2014-02-26 20:48 | Report Abuse

Aunloke I smell rat in fima. Possible taking Private or fat lady singing. Distribution to kfima. Somebody did an analysis some time ago

Posted by kcchongnz > 2014-02-26 22:02 | Report Abuse

Posted by digiuser016 > Feb 26, 2014 08:15 PM | Report Abuse

Hi, Kcchong, I have one question.

http://i57.tinypic.com/123qpzk.png
http://i61.tinypic.com/zmo31h.png

Professor Damodaran used his model to explain that the terminal growth rate will not affect the firm value.

The thing I dont understand is why the cash flows in fifth year(the year in high growth rate) will be affected in accordance with the change in terminal growth rate?

As you can see, the free cash flow in year 5 is 80.53 with terminal growth rate of 5%,96.63 with terminal growth rate of 4%, and 161.05 with terminal growth rate of 0%.

Can you explain why? I am not familiar with this model.


The model involves the "expected reinvestment rate" at year before the stable growth.

Expected growth rate= ROC* reinvestment rate

The higher the expected terminal growth rate, the higher the expected reinvestment rate, and hence the less the cash flow at year before stable or terminal growth, and vice versa.

Posted by digiuser016 > 2014-02-26 22:04 | Report Abuse

haha. thank you for your reply. Yeah. I also figured out the answer after doing the maths a few times

Posted by digiuser016 > 2014-02-26 22:07 | Report Abuse

Basically it is expected growth rate, so in year 5 we have to use the growth rate in year 6 to get the reinvestment rate in year 5 and hence free cash flow.

Posted by digiuser016 > 2014-02-26 22:10 | Report Abuse

actually i deleted the post before you replied. Thanks anyway

Posted by fishbone > 2014-02-27 14:19 | Report Abuse

Financial result will be out today. Since Fimacor did well, so will KFIMA

Posted by aunloke > 2014-02-27 14:50 | Report Abuse

Tony watch the price movement of Fimacor !

Posted by pradeep > 2014-02-27 15:31 | Report Abuse

Aunloke it is above 7.50 for Fimacorp now have to wait for the result for KFIMA

Posted by aunloke > 2014-02-27 16:09 | Report Abuse

Kfima result is quite predictable the important point is whether Fimacor can touch 8.00 or not .

Posted by stockcrazy > 2014-02-27 16:27 | Report Abuse

if result coming out today, why nobody sapu at 2.14.... just 172 lots only...

Posted by pradeep > 2014-02-27 21:56 | Report Abuse

Fishbone today no result that means tomorrow only. Aunloke if Fimacorp RM8.00 what should be the price of KFIMA???

Posted by tonylim > 2014-02-28 01:48 | Report Abuse

aunloke, I no look at fimacorp price from angle of valuation.
Looking more to privatisation and distribution to kfima shareholders.
Waiting for kfima to cross over 2.20

Posted by Overweight > 2014-02-28 07:57 | Report Abuse

your people here like to judge kfima from fimacorp price movement,if fimacorp stagnant at current price then kfima will have no future?

Posted by aunloke > 2014-02-28 08:37 | Report Abuse

Pradeep, Tony, good result of Fimacor does not warrant it to rise more than 8.00 if it does it's something more than meet the eyes and this is what I'm looking for.

Posted by aunloke > 2014-02-28 09:00 | Report Abuse

Overweight we are trying to see will there be an M&A btw Fimacor and Kfima based on their price movement.

Posted by pradeep > 2014-02-28 15:40 | Report Abuse

Aunloke I guess you are smelling it right but we must have the holding power. The second issue is if M & A comes into play how the shareholders of KFIMA will benefit. I believe correct me if I am wrong it will benefit FIMA CORP shareholders more by looking at their share movement. By the way the market is in a correction mood

Posted by 逍遥子 > 2014-02-28 17:46 | Report Abuse

3 Qtr Results

Rev : $132.1 mils
PAT : $21.9 mils
EPS : 8.09 cents

Reasonably good, in line with my expectation of 8 cents EPS.

Posted by yfchong > 2014-02-28 19:15 | Report Abuse

Good but sad no dividend announcement -(.,

Posted by stockoperator > 2014-02-28 21:29 | Report Abuse

I really like this printing Oligopoly Business and Plantation Business of Fima. I hope it wont be privatised.

Posted by stockoperator > 2014-02-28 21:30 | Report Abuse

After privatised, where can you find this kind of Business cash cow?

Posted by ladzatz > 2014-02-28 22:02 | Report Abuse

nonsense privatisation...someone is trapped

Posted by pradeep > 2014-02-28 22:48 | Report Abuse

Result is ok now we see the price of the share on Monday 3.3.2013

Posted by digiuser016 > 2014-02-28 22:57 | Report Abuse

Result is ok. Using no growth model its share price is worth between RM3.2 and RM3.6(subject to assumptions).

EPS is dropping due to the increase in minority interest and dilution effect. Overall its fundamnetals remain intact.

Posted by Overweight > 2014-03-02 23:45 | Report Abuse

I hold this Kfima for many year since 0.80, the company with very steady growth but not aggressive enough and price stagnant because of their management...I would buy more when seeing company ESOS slow down/stop and share buy back started.

Posted by 逍遥子 > 2014-03-03 09:20 | Report Abuse

WTF ?? Posted a reasonably good results but price drop like hell ??

Posted by yfchong > 2014-03-03 09:43 | Report Abuse

Come back until the dust settle down., now to digest the Q results.

Posted by zhenguyee > 2014-03-03 10:15 | Report Abuse

逍遥子 kfima always has this problem..

Posted by chooheng > 2014-03-03 11:12 | Report Abuse

very easy satisfied management at least in current business they are in. no aggresive to expand. buy this share is like old parking attendance sitting in booth collecting cents from passer-by.

Posted by 逍遥子 > 2014-03-03 12:10 | Report Abuse

I hold for one year + and the return is only the lousy 3-4% ! The management is not doing enough where with pile of cash sitting in the bank doing nothing !! Really disappointed.

Posted by redjacket > 2014-03-03 14:33 | Report Abuse

逍遥子... the cashpile is not strictly speaking belonging to KFIMA.
Its actually all from their listed subsidiary FIMACOR...

Posted by yfchong > 2014-03-03 14:52 | Report Abuse

KFima holds 0.6 of Fimacorp indirectly cash pile owns taking factor of 0.6.

Posted by 逍遥子 > 2014-03-03 16:25 | Report Abuse

Put aside FimaCorp cash, Kfima still hold almost 100 mils cash and just let it sit in the Bank.

Posted by yfchong > 2014-03-03 16:37 | Report Abuse

War begins in ukarine?.

Posted by pradeep > 2014-03-03 20:25 | Report Abuse

War or no war fundamental intact ,no debts so why worry ,be happy when up down be happy can buy more now support 2.05 let see whether can breck 2.03 and 2.00

Posted by yfchong > 2014-03-03 22:14 | Report Abuse

Lol my aim is below 1.95 n that need to be secure before dividend announcement.

Posted by talkking > 2014-03-03 22:20 | Report Abuse

dji drop 200 tonight. best to stay sideline. can drop 10 cent kfima

Posted by yfchong > 2014-03-04 02:44 | Report Abuse

Will be selling spree again looking at 1.85.,

Posted by Overweight > 2014-03-04 10:08 | Report Abuse

kfima is for value investing, long term term investor will gain.

Posted by yfchong > 2014-03-04 13:37 | Report Abuse

If Russia give one surprise to Ukraine, then KFima can purchase cheep like the gulf war., ?

Posted by pradeep > 2014-03-04 19:32 | Report Abuse

That with due respect to you yfchong KFIMA is going to fly something cooking or because of its fundamental

Posted by yfchong > 2014-03-04 20:21 | Report Abuse

Already know, just wan to pick up something cheap.

Posted by 2862862 > 2014-03-05 08:37 | Report Abuse

KFIMA waiting 2 years +- maintain 10% +- movement all the time, time to prove it u can fly. base on the latest EPS and the incresing of FIMACORP + CPO RM 2850 ++ since highest 2009. Sit tight and keep !

Posted by tonylim > 2014-03-05 08:58 | Report Abuse

Momentum

Posted by buybuybuy > 2014-03-06 12:06 | Report Abuse

time to buy this share before the share flying up. The uptrend line will continue on. target price 2.80

Posted by azog > 2014-03-06 18:26 | Report Abuse

When suddenly its price memontum strikes to rm3+ those impatience fella will knock their heads on the wall wondering why they dont buy when price struggles below rm2. That moment of time will be materialize soon. this is just a patient game.

Posted by edwardtt > 2014-03-06 19:53 | Report Abuse

keep for merger play. Kfima will benefit from M&A too.