Hi Icon, tq for your excellent write up on Johotin. Since Johotin has moved, has to look for other quality laggards. How about your the other star, IQ ?
you see,every day break new high,even though end with smaller increase,it seem like somebody keep on accumulate at this level,and non of them willing to sell at RM1.96
No need to thank me. You made money because u stopped scolding Uncle Koon
He got special power to deflect criticism back to you and destroy your Qi
Once u stop kacau him, u immediately Huat
murali Again a big TQ to Bro Icon8888, thanks for yr kind effort to promote Johotin again n again...while Johotin was in low price level 30/10/2015 09:25
Sales revenue n profit contributed from Tins n Cans is rather stagnant.
However, sales revenue n profit from Milks Products has increased a lot this year. In FY2014, sales from Milks Products is around RM226.8 Millions and PBT is RM7.1 Millions. As for FH 2015, sales from Milks Products is RM163 Millions n PBT is Rm12.5 Millions. If we annualised the figure, we may see a full year sales of RM326 millions, which is a whopping 43.74% increase as compare to 2014. Their profit could be higher thanks to the weakening in RM n raw material prices.
Thus we are likely to see a higher profit in the coming Q3 result. I personally believe a EPS of RM0.09-RM0.10 is possible in Q3 and also in Q4.
If that materialised, we will have a EPS of RM0.30+ for Johotin in FY2015. At current price of RM2.19, Johotin is traded at PE of around 7.
What will be their prospect in 2016? With the full operation of their new packaging plant for milk powder,on top of the strong growth in their existing condensed milk products, I think a EPS of RM0.40-RM0.50 is likely. But most importantly, hire more QC, Jaga Kebersihan....dont create another heart attacking quality issues...pls...
Bro Icon8888 gave a TP of RM2.50 within 6 months.However, price closed at RM2.19 on yesterday and we still have 4 weeks to go before Q3 result in End Nov.
With the bullish sentiment on Milk Plays (Canone n Johotin) since early Oct with unseen heavy trading volume in these 2 rather low profile stocks, are we going to see RM2.50 sooner than our expectation, maybe even before Q3 result is out?
Paid up capital is only 93,305,333 shares @ Rm1.00. As at 30 Apr 2015, 30 major shareholders own around 71.93% shares. Not much of free float and not easy for somebody to acquire in big quantity.
I will take a bus to go to Senai next year to attend their AGM. Hopefully to see somebody to propose to the management on Bonus issue/ Shares Split and also free new warrants.
Sounds familiar??? Deja Vu
From OTB.
Oct 24, 2015 12:50 AM | Report Abuse
If you are a trader and you believe in TA, share split and bonus issue will improve liquidity or trading volume. Institutional investors are interested to invest in liquid stock. All these corporate exercises will help to improve or push up the stock price. Results showed in Hevea, VS, Liihen, Pohuat and many others. I always believe in result only.
I do not care it is white cat or black cat, can catch a rat is a good cat. I want a good cat only. I always try to improve myself everyday, I am always flexible to learn from anyone who can show result. I am a practical person. I invest in stock market is to make money. Thank you.
Push the price to Rm3-RM4 then, after Ex (say 4 or 5 for 1 n free Wa etc) push to RM1+...then u will see lots of new supporters buying "Cheap" Johotin. U can increase yr wealth more than double in 1-2 year's time. It's waste to see Mr.Goh n Dato Kamaludin selling their shares cheap cheap while they can sell high high...
Make Johotin a RM500 million market capital Co, u certainly BOLEH...Show us your real real profit in 2016/2017...RM40-RM50 Million net profit...Dont be shy....
Last but not least, maybe it's time now to change yr name to Johore Nie (Dairy) and transfer to Consumer Sector instead of the existing Industry. It will be more reflective of your core biz.
From 2016 onwards, the Tin N Cans biz may only contribute less than 20% of your total sales n profit.
wolf is comng to town? is seem somebody keen to collect at current level? or have you realise why Mr.Goh n Dato Kamaludin willing selling their position during everybody expect the profit will double at the coming quarter
Do your homework on Johotin. If u are convinced by it's prospect in 2016/2017, buying Johotin-Wa can be very rewarding if mother can touch RM3 and above.
Maturity Date : 21/11/2017 (about 2 years to go) Exercise/ Strike/ Conversion Price : MYR 2.28 (in the money now)
Johotin-Wa closed at RM0.50 yesterday (traded at premium 19%) while mother closed at RM2.33.
Assuming u bought both mother n son at closing prices yesterday (RM2.33 n Rm0.50), your potential return will be as follows when mother touch RM3.00, RM3.50 n Rm4.00.
(Assuming WA trades at premium 10%-15%)
1.Mother TP RM3.00 (Return around 28.76%) WA TP RM1.02-RM1.17 (Return around 104%-134%)
2.Mother TP RM3.50 (Return around 50.21%) WA TP RM1.57-RM1.745 (Return around 214%-249%)
3.Mother TP RM4.00 (Return around 71.67%) WA TP RM2.12-RM2.32 (Return around 324%-364%)
As u can see, Wa shall generate a much higher return than mother should prices continue to surge.
Sounds too good to be true?? Maybe OTB can share with you on his very happy experience of Hevea-WB.....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
icon8888
18,658 posts
Posted by icon8888 > 2015-10-21 10:10 | Report Abuse
Somebody aggressively buying WA
Mother will run wild soon