Posted by satha44 > 2022-04-20 14:27 | Report Abuse

August 30, 2021 • no comments
2021-08-30 : THE MOST UNDERVALUED CONSUMER GEM IN THE HISTORY OF BURSA MALAYSIA, KHIND
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This stock started to perform very well since the 2nd quarter of 2020 when it changed its marketing strategy to take advantage of the e-commerce boom. But last Friday, it reported its 2Q21 results which nearly made me fall off my chair.

The company is Khind Holdings.

Everyone knows what Khind is. It is a manufacturer of electrical and household appliances.

In 2Q20, Khind started to see their change in strategy bearing fruits. Here is a screenshot of what they said in their prospects section of their quarterly results report:4b7590db-3e22-47a2-bdae-19ab66a6cafd



In that quarter, they reported an EPS of 10.2sen! In the next quarter, Khind reported an EPS of 14.5sen and in 4Q20, they reported an EPS of 15.8sen and declared a dividend of 10sen! The share price shot up to RM4.30 when this happened. Last Friday, Khind reported a mind-blowing EPS of 20.8sen, the highest in their history. Obviously their e-commerce marketing strategy has started to generate very handsome returns since they do not go through the middleman but instead sell directly to consumers. Also, there was only one major e-commerce sales event per year previously and that is 11.11. For the past year, you can see that it has become 12 major sales events on e-commerce sites and that is 1.1, 2.2, 3.3 and so on. This has definitely benefited Khind in a very big way. Here is a screenshot of Khind’s historical performance:6b39b34d-32a4-4d9b-acf0-5f1e5aa11b5e



How to value Khind?

It is very simple. The closest comparable is Panasonic Malaysia. Panasonic Malaysia trades at a PE ratio of 14x. If we were to annualise Khind’s latest quarter’s EPS of 20.8sen, their annual EPS would be 83.2sen. At 14x PE, Khind would be valued at RM11.65! Let’s forget about 14x and just use 10x. It will still be worth RM8.32 at 10x PE.

Khind also gives handsome dividends and at the level of profits they are earning now, they should have no problem giving 15-20sen dividend this year. At a share price of RM3.60 now, Khind is the most undervalued consumer gem we have ever seen in our lives. It is a matter of time before the the share price reflects the fundamentals of the company

Posted by satha44 > 2022-04-20 14:35 | Report Abuse

When this article was written on the 30th of August 2021.....khind was RM3.00....by the 7th of Sept khind had jumped to RM5.00....but since then share price has fallen for 7months...
During which Khind has reported another 2 quarters of amazing profits...
3rd qtr 2021 - 6.26 million
4th qtr 2021 - 6.22 million

I think the next time it shoots up...
Khinds stronger fundamentals/ improved cash flow will support prices higher....
How long can u keep a good stock....cheap

Posted by satha44 > 2022-04-20 14:39 | Report Abuse

Do hope the writer csan can post new updates on khinds most recent performance....

Posted by godofgamble > 2022-04-21 23:35 | Report Abuse

Good QR coming soon. Ready

Posted by SincereStock > 2022-04-22 13:32 | Report Abuse

@satha44 perhaps... fiamma's price movement hints good QR for this industry

Posted by godofgamble > 2022-04-26 17:17 | Report Abuse

AGM tomorrow, any hint for coming QR?

Posted by godofgamble > 2022-04-26 17:18 | Report Abuse

Limit Up

Posted by satha44 > 2022-04-27 15:36 | Report Abuse

Any good news?
Share price still below RM3.40..

Posted by godofgamble > 2022-04-27 17:15 | Report Abuse

i just added some, i believe next QR will has big show

Posted by pantor > 2022-04-28 01:25 | Report Abuse

Hopefully good upcoming quarterly result, declaration of bonus issues and good dividend will unlock the value of khind to be reflected in its share price. Due to its low share volumes, limit up is possible with these catalysts.

Posted by satha44 > 2022-04-29 11:01 | Report Abuse

Pensonic reported lower profits...despite good sales figures..
Khind ?
So far khind has been showing excelent profits.....fingers crossed

Posted by All_in_2021 > 2022-05-19 18:38 | Report Abuse

disappointing QR, any opinion still able to repeat last year's good performance?

Posted by SincereStock > 2022-05-20 09:21 | Report Abuse

oversold LOL just managed to sold a few at 3.12 T_T

Posted by SincereStock > 2022-05-20 09:31 | Report Abuse

sold all finally, overaally bad run, luckily previously taken some profit above my average cost to make it even

Posted by SincereStock > 2022-05-20 09:59 | Report Abuse

swapped my money into SAB and AWC, good QR there, check it out

Posted by NatsukoMishima > 2022-05-20 13:34 | Report Abuse

This is a rm 1.50 stock , the fellow who goreng to rm 5 already put money in pocket n let it free fall !

Posted by SincereStock > 2022-05-20 14:45 | Report Abuse

Strong EPS / fundamental no longer in tact, better stay away first lo

Posted by SincereStock > 2022-05-20 14:47 | Report Abuse

switch to other good EPS counter first can sleep well for at least 3 months

Posted by godofgamble > 2022-05-23 18:34 | Report Abuse

it got to be long hold, August maybe can see again

Posted by SincereStock > 2022-05-23 20:30 | Report Abuse

can buy again when (if) EPS become good again

Posted by All_in_2021 > 2022-07-06 17:34 | Report Abuse

any comments on this fund raising?

Posted by godofgamble > 2022-07-19 23:59 | Report Abuse

good sign, i planned hold long term for high return. the most undervalue small cap counter

Posted by DestinyL > 2022-08-23 18:16 | Report Abuse

Best quarter ever
Not sure yet any spillover from previous Q

Posted by Tobby > 2022-08-23 18:23 | Report Abuse

Amazing!

Posted by DestinyL > 2022-08-23 18:44 | Report Abuse

Assuming a rather low annualized 40 cents EPS, PE is only 7.23x

Posted by DestinyL > 2022-08-23 18:46 | Report Abuse

Seems like last Q result was rigged, and deliberately pushed back to this Q

Posted by DestinyL > 2022-08-23 18:52 | Report Abuse

Potentially looking at around 55 cents EPS, PE 5.25x

Posted by satha44 > 2022-08-23 19:21 | Report Abuse

Good figures..
Not sure whether can move share price above RM3...
These days everything is discounted....
Cannot understand Khind...cash piling up....then why opt for fund raising......why give someone a big chunk of your company at such a low price ..

Posted by godofgamble > 2022-08-24 00:39 | Report Abuse

if you have holding power, buy some to keep. Target 6

Posted by SincereStock > 2022-08-24 08:33 | Report Abuse

all is good now except private placement at rm2.63. will only consider to reenter this counter at that same price then

Posted by troy88 > 2022-08-24 10:10 | Report Abuse

Good stock but it's controlled by sharks..

Posted by satha44 > 2022-08-24 10:37 | Report Abuse

Sometimes all that profit is not shared....Both khind and Pensonic have made good profits past 2 years...yet their price and trading PE is so low......
Major shareholders are not wanting a higher price....sadly

Posted by DestinyL > 2022-08-24 11:14 | Report Abuse

Soon they will learn CG is important

Posted by BoomBoomChak > 2022-08-24 20:18 | Report Abuse

Surely can return to 4.50 with this kind of profit in Q2

Posted by DestinyL > 2022-08-25 06:50 | Report Abuse

Not definite
Depends on whether they reward shareholders
Just take a look at ChooBee

Posted by godofgamble > 2022-08-25 22:43 | Report Abuse

Let's see tomorrow, just bought some today

Posted by satha44 > 2022-09-04 01:43 | Report Abuse

This is one stock that certainly trades below its fair value...
New investors taking up private placement.....may create new buying power......
Fiama shot up from 65 to 1.05 after chin hin came in.....
Khind is so tightly held....easily can go limit up....

Posted by godofgamble > 2022-09-06 23:00 | Report Abuse

Lets see, Target price remain 6

Posted by DestinyL > 2022-09-13 15:45 | Report Abuse

Sector wise, valuation is similar to pensonic

Posted by godofgamble > 2022-09-27 22:43 | Report Abuse

buy

Posted by godofgamble > 2022-10-21 00:00 | Report Abuse

today announcement Director Dealings Outside Closed Period

Smell something is cooking?

Posted by godofgamble > 2022-10-21 00:01 | Report Abuse

Technical Chart is building up

Posted by godofgamble > 2022-10-25 17:30 | Report Abuse

good trend

Posted by godofgamble > 2022-11-14 17:23 | Report Abuse

this month QR good?

Posted by godofgamble > 1 month ago | Report Abuse

Time to take a look before too late

Technical chart seems something good?

Target price 6 , waiting QR

Posted by DestinyL > 1 month ago | Report Abuse

Technical chart don't work for inactive counters

Posted by satha44 > 1 month ago | Report Abuse

No matter how much they make..
Share price forever at the same level..
Khind and Pensonic just leave in Cold Storage....when they come in a big way....3 years once....let go....
Then wait....as they slowly pull the price down...for 2 to 3 years..LOL

Posted by satha44 > 1 month ago | Report Abuse

Buy low....sell high...
If u buy high...sure headache..

Posted by hhhiii123 > 2 weeks ago | Report Abuse

A company with stable margin and almost no debt, pretty interesting, hopefully this year will declare dividend or share bb

Posted by bwho > 2 weeks ago | Report Abuse

fundamentally this company is good the problems lies in the bloody stingy directors does not declared dividend never take care of the minority shareholders