FIAMMA HOLDINGS BHD

KLSE (MYR): FIAMMA (6939)

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Last Price

1.13

Today's Change

0.00 (0.00%)

Day's Change

1.13 - 1.14

Trading Volume

725,500


6 people like this.

969 comment(s). Last comment by BanyakZhun 1 month ago

Posted by blurinvest > 2015-06-25 17:58 | Report Abuse

why sudden drop

gungho92

388 posts

Posted by gungho92 > 2015-06-26 10:34 | Report Abuse

unfortunately, i think their business is unsustainable...

charlie chia

2,150 posts

Posted by charlie chia > 2015-06-26 12:31 | Report Abuse

Go for long term
A lot of good assets with low valuation

kakasi123

67 posts

Posted by kakasi123 > 2015-07-18 17:59 | Report Abuse

fiamma rocks!. its the best undervalued cheap stocks that rarely u can find in KLSE. buy it for long term investment :)

N00b

380 posts

Posted by N00b > 2015-07-24 16:39 | Report Abuse

Keep an eye out for this one... sound basics, big discounts going on here.

N00b

380 posts

Posted by N00b > 2015-08-05 12:28 | Report Abuse

TP: 2.44

K.H

293 posts

Posted by K.H > 2015-08-06 00:33 | Report Abuse

Patient

charlie chia

2,150 posts

Posted by charlie chia > 2015-08-06 00:34 | Report Abuse

How long to wait

N00b

380 posts

Posted by N00b > 2015-08-12 11:07 | Report Abuse

Mark my words...

1- The DXY rally has peaked.
2- Whatever capital that flew out of emerging markets will go back.
3- Commodities are in deflation. Central banks hate deflation....

and For the ultra wise....I say

*QE4 (or whatever they end up naming it) is upon us*

;)

N00b

380 posts

Posted by N00b > 2015-08-13 12:56 | Report Abuse

Good afternoon.

I have good news. GDP grew at 4.9% vs 4.5% expectations.

Source: http://finance.yahoo.com/news/malaysia-q2-gdp-grows-4-043411071.html

Good luck.

N00b

380 posts

Posted by N00b > 2015-08-17 10:46 | Report Abuse

Hello,

Keep an eye on 1360-1400 level.

(Personal opinion, and I could be wrong)

N00b

380 posts

Posted by N00b > 2015-08-19 10:10 | Report Abuse

Three words....

Short the market.

N00b

380 posts

Posted by N00b > 2015-08-20 10:16 | Report Abuse

Quarterly results are out.

value88

708 posts

Posted by value88 > 2015-08-31 22:14 | Report Abuse

I think Fiamma is a good company, but the short term prospect is not good due to the weakening of RM for their trading segment, and now depending only on single property dev project, i.e. Vida Heights, for their property dev segment.
The other 2 property dev projects will launch in end of 2015 and early 2016. Thus, if invest into Fiamma, a person must be willing to hold 1 year or more to see the profit and stock price improvement.

One good sign is the company starts to buyback share at RM1.5X. They have not done so since year 2007.

luckycharm

385 posts

Posted by luckycharm > 2015-11-02 10:09 | Report Abuse

fulamak...fiamma keep buyin back their share...something brewing....

CCCL

621 posts

Posted by CCCL > 2015-11-25 22:13 | Report Abuse

Wow !!!

CCCL

621 posts

Posted by CCCL > 2015-11-25 22:29 | Report Abuse

Dividen 7.5 cents

sl3ge

140 posts

Posted by sl3ge > 2015-11-25 22:39 | Report Abuse

what makes the report so good?

calvintaneng

55,145 posts

Posted by calvintaneng > 2015-11-25 22:40 | Report Abuse

A Reality Check on Fiamma

Current quarter revenue is Rm86 millions. Corresponding year qtr was also Rm86 millions

This qtr operating expenses is Rm75 millions (last time was Rm72 millions)

That means that Fiamma is doing less well in ongoing business.

Then when did the profit originate from?

IT CAME FROM PROPERTY REVALUATION AND BOOKED AS PROFIT

RM24 MILLIONS!!

But just be careful guys. Borrowings have jumped by Rm81 millions.

Next Time When THESE COMPANIIES REVALUE THEIR ASSETS & BOOK THEM AS PROFITS:

1) MUI BHD - IF ASSETS REVALUED - IT WILL BE LIKE A NUCLEAR EXPLOSION!!!
From 20 cents NTA to Over Rm10.00 NTA MULTIPLIED BILLIONS PROFITS!!!

Others are KPSCB, PPG, WHITEHORSE, KAMDAR, GMUTUAL ...

ykgykg

341 posts

Posted by ykgykg > 2015-11-25 22:47 | Report Abuse

So as seacera.

ykgykg

341 posts

Posted by ykgykg > 2015-11-25 22:50 | Report Abuse

Most of the qts results released show a substantial decline.

sl3ge

140 posts

Posted by sl3ge > 2015-11-26 09:01 | Report Abuse

no seller,LOL

Posted by dershyang75 > 2015-11-26 10:16 | Report Abuse

no buyin LOL

rica7894

165 posts

Posted by rica7894 > 2015-11-26 12:41 | Report Abuse

Earning lifted by an amount of RM24.838 million arising from the increase in fair value of investment properties located in Jalan Tuanku Abdul Rahman.
If the fair value gains noted above are excluded, its current quarters' EPS would drop to 4.3 sen.

Be watchful of a rollback of earning for FIAMMA in the next few quarters.

tjhldg

27,218 posts

Posted by tjhldg > 2015-11-27 00:27 | Report Abuse

uummmmmmmmmmm

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-11-29 13:05 | Report Abuse

The latest QR profit was in fact down to 10.7m from 13.9m (last year Q4), reduced about 23%, after excluding the paper profit on one-off capital revaluation of 24m.

--------------------------------------------------------------- 2015 -------------------2014----
Profit before tax, interest & depreciation ------- 41,075,000 ----------- 21,776,000
Inter-segment profits -------------------------------- (4,224,000) ---------- (8,217,000)
Depreciation, interest exp & income ------------- (1,286,000) -------------- 301,000
Increase in fair value ------------------------------- (24,838,000) -------------------------
-------------------------------------------------------------------------------------------------------
Profit before tax -------------------------------------- 10,727,000 ------------ 13,860,000

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-11-29 13:25 | Report Abuse

It seems like nowaday many companies that have properties will keen to revalue their properties soonest possible, rather than late, if compared to those years in history. (Look at every REIT now, everyone is doing it now every year)

Many years ago, any revaluation will only be taken up in Capital Revaluation Reserve, which is under the reserve accounts of the Balance Sheet, NOT in the profit & loss account as today as Gain in fair value of Investment Properties. (That's why many companies did not revalue their properties in those days, no initiative mah...)

The new practice will FAKE the profit of the company & distort the actual situation of the company. Many small investors will be trapped, as we all know many of them do not really look at the report. (Like last few days in Fiamma case, I am so surprise on the price up but not surprise on the price down)

These are PAPER PROFIT & no money involved.

Most importantly, revaluation are made based on the revaluation report prepared by so called "professional". (Talk about professional opinion, do you believe the Target price set by those so call analysts?)

I am SERIOUSLY OPPOSE the accounting standard by recognising the capital revaluation into the income statement. (but I know I am just a small fish in the ocean.... sigh...)

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-11-29 13:31 | Report Abuse

Value of the investment properties can only be realised upon disposal, if it is not disposed of, then the increase in value should not be taken up as in Income Statement.

INCOME STATEMENT is to record the performance of the operations of a company during a period of time. Since the properties are not sold, then why should it be the gain taken up in Income Statement.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2015-11-30 21:00 | Report Abuse

Good job, Superman 99. Sharp observation. Corporate performance through engineered financial report !!!

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-12-01 16:36 | Report Abuse

Thanks, yuanlong57, A bit of emotional that day.

In fact I am monitoring Fiamma, this is real good company... hope to get some cheap sale... :)

yuanlong57

1,528 posts

Posted by yuanlong57 > 2015-12-03 17:50 | Report Abuse

I agree. I'm eyeing it, too.

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-12-06 17:52 | Report Abuse

1 year RSI(14) is at 40.65 & stock is down trending. The next support may be RM1.50, the lowest point for 26 weeks.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2015-12-06 21:56 | Report Abuse

Wait patiently for year-end cheap offer.

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-12-06 22:18 | Report Abuse

Everyone knows buy low sell high, buy when others don't, sell when people crazy. But in reality, only very small group of people doing it.

Most people chase higher because volume is there already, sell when price down in order to cut loss.

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-12-06 22:20 | Report Abuse

All want fast money & think market move is within the prediction. Any thing more than 3 months is long term already....

yuanlong57

1,528 posts

Posted by yuanlong57 > 2015-12-08 20:54 | Report Abuse

Company on share-buyback to sustain price.

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-12-09 00:42 | Report Abuse

I don't think Fiamma is as exciting as those hot stocks.

yuanlong57

1,528 posts

Posted by yuanlong57 > 2015-12-09 09:27 | Report Abuse

Hot stocks come with hot risks!

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-12-09 16:05 | Report Abuse

Just called the Property Development Office of Fiamma to register interest for future property projects.

The proposed serviced apartment project located at existing warehouse in KL Kepong, behind Wisma Fiamma, will only likely be launched after 6 months, due to issue with authorities.

That mean no new exciting factor from the Company in near future & the share price will very likely remain stagnant, Or in fact will go down if the trading division is not doing good in the next few quarters.

IVKLSE

32 posts

Posted by IVKLSE > 2015-12-12 14:20 |

Post removed.Why?

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2015-12-13 14:07 | Report Abuse

Thanks for sharing, IVKLSE, good job!

leon1234

15 posts

Posted by leon1234 > 2015-12-22 18:39 | Report Abuse

Thanks for sharing. Thanks for your effort. After your sharing , I would keep buying this share..

IVKLSE

32 posts

Posted by IVKLSE > 2015-12-28 22:50 | Report Abuse

buy at your own risk but I will keep out from these counter.

IVKLSE

32 posts

Posted by IVKLSE > 2016-01-03 20:53 |

Post removed.Why?

K.H

293 posts

Posted by K.H > 2016-01-04 02:36 | Report Abuse

Still holding.

leon1234

15 posts

Posted by leon1234 > 2016-01-04 22:06 | Report Abuse

Share buy back is good to shareholder especially major shareholder, the percentage of share control will increase if the share in market reduce. Warren Buffet love to see company share buy back. This also prove that company have confidence on their business.

K.H

293 posts

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-01-07 09:10 | Report Abuse

What a surprise news...

charlie chia

2,150 posts

Posted by charlie chia > 2016-01-07 09:11 | Report Abuse

Bonus n split

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-01-07 09:16 | Report Abuse

This corporate exercise is no enhancement to the value to the company but to make traders excited.

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