Posted by William Wong > 2011-11-10 16:58 | Report Abuse

william wong.around 1.10 start to collect,next few weeks u will thanks me loh, haha...don't ask me why ya!!!

Posted by Wong Ning > 2011-11-11 10:15 | Report Abuse

wong ning.wah,u are so confident! yesterday bought at 1.13 , 15lots. a big cup of miloais plus 2 eggs n 5 slices of holiaw rotihorlick campur butterkaya specially 4 u yah, millions of thanks.

Posted by Wong Ning > 2011-11-11 18:21 | Report Abuse

wong ning.wah!just know that 2,5sen div at 6/12. if bonus n warrent approved,1for3,1for 5, i think should make great profit for this counter loh! T Q MR WILLIAM WONG. U seem like "master" in investing shares ah! i read your KNM, ESCREAM,PATIMAS,EMICO,SAAG...,really like a bright sunnyday 4 me loh! TQ yah MR WILLIAM WONG.

Posted by traderhub > 2011-11-12 09:23 | Report Abuse

This stock seem to be very stable but not moving much. Just how far will it go?

Posted by Wong Ning > 2011-11-12 14:04 | Report Abuse

wong ning.from my "SKY VIEW" research,my 15lots may be will make profit above rm1000, once bonus n warrent issue kaotiam! Yah,now haven't moved,when it starts moving up,u dare to follow buy at 1.20...1.30...1.40...or 1.50 ? but don't blame me if direct to HOLAN tour yah...haha.

Posted by William Wong > 2011-11-17 15:48 | Report Abuse

your 15 lots can sell first,bcou leck of volume,buy back around 1.13 again.best of luck ya.

Posted by Yee Ren > 2012-11-07 10:19 | Report Abuse

good stock to hold long term.

Posted by kcchongnz > 2012-11-25 12:39 | Report Abuse

yeah, totally agreed. Excellent stuff. Much better than Century and TASCO, in my opinion.

Posted by Yee Ren > 2012-11-25 13:36 | Report Abuse

Been fluctuate around 0.88-0.92 for a yr.. Now ad stay above 0.93. Low PE, good dividend, good management.

Posted by tomdickharry > 2012-12-16 16:39 | Report Abuse

investment grade but lack of publicity

Posted by kcchongnz > 2012-12-16 17:34 | Report Abuse

tomdickharry, lack of publicity is one of the criteria of a "perfect stock" as described by Peter Lynch.

Posted by tomdickharry > 2012-12-16 17:43 | Report Abuse

so is Pintaras Jaya i guess.

i can recall another member post here earlier - buy body in motion / buy what market want not what we want & that message sound true so far.

noticed you did a good posts at Kfima & other. hope you can posts more info

Posted by passerby > 2013-01-29 19:00 | Report Abuse

Utilico Emerging Markets Limited - foreign fund is accumulating

Posted by kcchongnz > 2013-01-29 19:17 | Report Abuse

If it is so, we must accumulate too

Posted by ulalar > 2013-01-29 20:54 | Report Abuse

you should be holding a lot :)

ROE for the 3 consecutive financial years look good

Year ROE
2010 17.24%
2011 17.73%
2012 16.35%

Current EPS = approximately 6.8

D/E Ratio = 0.23 , less than 0.50

Estimated 10-year EPS growth rate = 17.6%

looks good further analysis

what your intrinsic valuation ?

Posted by kcchongnz > 2013-01-29 21:22 | Report Abuse

Freight's 2012 ROE of 16.35% is good (>15%). The profit margin of Freight of 6.4% is slightly lower than Tasco and Century. But its way of doing business requires less assets as its basic earnings power (ebit/total assets)is much higher at 15% compared to those of Tasco and Century which is about 9.3%. It has higher asset turnover of 1.5 too and a good use of its financial leverage at 1.74 which both boost up its ROE. D/E ratio of 0.23 is still manageable with ebit of 18 times interest payment.
Using a discount cash flows analysis of owners' earnings, and included the deduction of the value of its warrants estimated by Black-Scholes Option Pricing Model, the intrinsic value of Freight is RM1.62. The followings are data and assumptions:
Current revenue: 327m
Net income 2012: 20.9m
Growth for next 5 years 8%, and 3% subsequently
Required return: 10%, ie 6% risk premium over MGS long-term rate of 4%

Hence at RM1.00 at today's close, the margin of safety is 38%, larger than my requirement of 30%. Good buy.

Posted by passerby > 2013-01-30 15:26 | Report Abuse

kcchongnz: ur pick is defending well at 1.00 currently

Posted by passerby > 2013-01-30 18:50 | Report Abuse

activities by Utilico Emerging Markets Limited from BSKL http://www.bursamalaysia.com/market/listed-companies/company-announcements/1182785

Currency Malaysian Ringgit (MYR)
Date interest acquired 04/01/2013
No of securities 8,185,900
Circumstances by reason of which Securities Holder has interest Purchase of 144,700 shares taking holding over 5% limit
Nature of interest Direct

Acquired 09/01/2013 92,800
Acquired 11/01/2013 112,000
Acquired 16/01/2013 51,700
Acquired 16/01/2013 51,700
Acquired 18/01/2013 83,400
Acquired 21/01/2013 461,500
Acquired 23/01/2013 116,900
Acquired 25/01/2013 18,700

a quick check from their website : http://www.utilicoemergingmarkets.com/media/pdf/UEM%20Factsheet%20December%202012.pdf

a closed end fund, see how the GE13 sentiment gonna influence the price movement of this counter from today onward.

Posted by passerby > 2013-03-08 09:05 | Report Abuse

si bek slow....but si bek safe ..... proven once during the last panic sell down, price not much affected

but again, si bek no volume

Posted by kcchongnz > 2013-03-08 09:41 | Report Abuse

With the price of RM1.06 on 8th March 2013, FM is selling at a PE ratio of 8.2, which is reasonably low (<10) and fits in my value requirement. The dividend yield of FM is 3.8% (>Cagamas bond rate of 3.5%) also fits very well as a value stock. The price-to-book value of 1.3 (>1.0) is slightly above my requirement. However, as the return of this book value (ROE) is high at 17.716.4% (>15%), Its revenue and earnings have been growing at double digit rate of 13% and 18% respectively a year for the past 6 years. I think it is a good long-term investment.

Posted by passerby > 2013-03-08 15:55 | Report Abuse

got analyst coverage already on this one ??? suddenly so stim stim today

Posted by kcchongnz > 2013-03-08 16:09 | Report Abuse

passerby, didn't you see two analyses above, one just this morning and the other on Jan 29?

Posted by passerby > 2013-03-08 16:27 | Report Abuse

lol, ok ok :)

Posted by passerby > 2013-03-08 16:32 | Report Abuse

lol, waseh waseh !!! si bek stim now

Posted by passerby > 2013-03-22 16:15 | Report Abuse

gonna make the one who sold/curi ayam at 1.09 regret, kikikiki. u gotta pay higher price for re-entry, lol

Posted by passerby > 2013-03-22 16:36 | Report Abuse

lol, even though low volume.....kcchongnz, hand still got itchy itchy ? :)

Posted by kcchongnz > 2013-03-22 16:40 | Report Abuse

passerby, why u so ah pid one, buy this stock no liquidity, no analysts cover, no insiders frying, no this no that one!

Aiyah ahpid is not you, me lei, sole at 1.09. Now 1.15 already. Shit!

Posted by passerby > 2013-03-22 16:44 | Report Abuse

lol, very simple only mah, pay more to re-enter lo :)

Posted by kcchongnz > 2013-03-22 16:46 | Report Abuse

see first lah. No liquidity one, no analysts cover one, not hot one, what for re-enter?

Posted by passerby > 2013-03-22 16:48 | Report Abuse

okla, see you at higher price :),lol. kikikikiki

i sell to you when got analysts coverage

Posted by passerby > 2013-04-04 00:19 | Report Abuse

sold at 1.09 ?:)....kikikikikiki

Posted by kcchongnz > 2013-04-04 04:06 | Report Abuse

Freight has no liquidity.

"make no mistake, these r good counters, but not from si-tipu-rot-canai way of hard selling, these r good counters to BUY ON DIP ONLY."

"p.s. when a counter is constantly "promoting" by forumer appear to be very "knowledgeable", using wonderful word like "undervalue", "lots of cash flow", "growth" etc etc, u better watchout as v all learnt today :), they bought low, waiting for u to buy high"

Posted by passerby > 2013-04-05 16:11 | Report Abuse

sorry ar, just couldn't stop myself from recalling 1.09 figure. lol , kikikikiki

Posted by passerby > 2013-04-19 16:25 | Report Abuse

holy shit 1.30 now!

1.09 lol, who sold at 1.09 ? ! :)

Posted by kcchongnz > 2013-04-19 18:02 | Report Abuse

Rub it on man! Should have followed you to buy and keep this type of illiquid stock which IBs (except one taufu bs si-roti canai here) wrote about it; nor any institutional investor bothers about it.

Posted by passerby > 2013-04-22 12:53 | Report Abuse

I'll rub on when it reach another new 52-w high, lol :)

somehow this record high will go higher , & low will go lower proven quite true

got another one writing about this counter apart from you:
http://www.intellecpoint.com/2013/03/one-should-not-be-afraid-of-freight.html

Posted by passerby > 2013-04-22 18:15 | Report Abuse

kcchongnz: CWT Limited listed at SGX , covered by FocusM & The Edge weekly , 5-years financial figure look nice also.

Posted by arv18 > 2013-04-22 18:27 | Report Abuse

untraded today unfortunately. we need to have more discussions about quality winners such as these on this forum more often!

Posted by passerby > 2013-05-14 18:57 | Report Abuse

shit, bad news ! http://www.theedgemalaysia.com/business-news/238831-freight-management-3q-profit-rises-5.html

1.09 boh liao....1.09 gone with the wind

Posted by kcchongnz > 2013-05-15 04:37 | Report Abuse

Yeah lah 1.09 boh liao, gone with the wind.

After somebody "um, um, um", I went in again three weeks again, but not in the mother share, but the warrant, Wa, at 28 sen just to shut his big mouth. Now let me evaluate my gain or loss.

I sold 20,000 shares at 1.09 on 8 March 2013 at 1.09, proceeds was RM21700. I bought 77800 shares of Wa at 28 sen with all the proceeds for sale of the mother shares. Now the mother share is 1.34 and Wa at 37 sen. My gain in Wa is RM7000 now, or 32%. My "loss" for not holding the mother share till now is RM5000, or 23%.

So which is a better position, hold mother share or Wa? Shit, should have straightaway bought Wa the day I sold the mother share when Wa was about 20 sen!

At today's prices, Wa is trading at no premium at all despite that it has more than 3 and a half years more to go before it expires. It has a nice gearing of 3.6 times some more. This is what we call "having the cake and eat it".

Posted by passerby > 2013-05-15 08:21 | Report Abuse

:), my WA cost is ......lol. Don't wanna let you know, later you got high blood pressure

Posted by kcchongnz > 2013-05-15 08:47 | Report Abuse

Investing is not a zero sum gain. Your gain is not my loss. I get high blood pressure? I am happy of my decision and also happy for you of your gain.

Speculating is a zero sum gain. Just wonder how retail speculators can beat insiders.

Posted by passerby > 2013-05-15 11:43 | Report Abuse

very simple only,be an insider also, then you can beat them :)

Posted by passerby > 2013-05-15 11:43 | Report Abuse

but i'm not insider

Posted by Bryan Lee > 2013-05-21 15:31 | Report Abuse

Is this company monopolizing this freight forwarding industry? Or are there any strong competitors to note?

Posted by tonylim > 2013-06-04 13:10 | Report Abuse

.

Posted by tonylim > 2013-06-04 13:32 | Report Abuse

kcchong, good dy

Would you in gods name buy freight and its wa at this price?

Anybody here why this company keep signing strategic alliance agreements with overseas counter parties. Is it a norm in this industry?

Posted by bigFAT > 2013-08-17 00:57 | Report Abuse

this company never lose a single cent...never at all...a 2nd board company before

Posted by ppfoong > 2013-08-19 00:49 | Report Abuse

lots of shares changed hand last Fri...

Posted by renacheah > 2013-08-19 16:13 | Report Abuse

does anybody know how do I check if there is an institutional buyer for Freight?