SUPERLON HOLDINGS BHD

KLSE (MYR): SUPERLN (7235)

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Last Price

0.905

Today's Change

+0.005 (0.56%)

Day's Change

0.90 - 0.92

Trading Volume

38,400


6 people like this.

2,971 comment(s). Last comment by AhHuat168 3 weeks ago

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-11 15:17 | Report Abuse

testing

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-22 01:42 | Report Abuse

: )

tjhldg

27,218 posts

Posted by tjhldg > 2013-10-22 09:28 | Report Abuse

sayonara

Posted by mysterious99 > 2013-10-22 10:36 | Report Abuse

up up up

Posted by Eddie Chow > 2013-12-17 00:08 | Report Abuse

yes up up

Posted by mylegacy > 2013-12-24 13:12 | Report Abuse

Is this a good stock to invest in?

Firebird

94 posts

Posted by Firebird > 2013-12-24 13:19 | Report Abuse

These few days volume has gone up

Posted by Ethan Lee Soo Kin > 2013-12-24 20:34 | Report Abuse

Try to collect at 50 cents, may be can get ang pau before CNY

mhchai

589 posts

Posted by mhchai > 2013-12-26 17:47 | Report Abuse

Target price 0.60 above

keyin

2,150 posts

Posted by keyin > 2013-12-26 18:46 | Report Abuse

Wa..how u know

ampabella

1,378 posts

Posted by ampabella > 2013-12-31 11:21 | Report Abuse

company is improving , profit increased to 80% +

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-02 15:00 | Report Abuse

omg, cant you wait a little longer for me

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-02 15:18 | Report Abuse

Hey Dan, Superlon has moved. Did you manage to catch some?

mhchai

589 posts

Posted by mhchai > 2014-01-02 20:39 | Report Abuse

Almost meet my target price :D

danchong

502 posts

Posted by danchong > 2014-01-03 08:45 | Report Abuse

Firebird, yes superlon has taken off sooner than what I would like. I was buying at 52.5 on 31/12.

Look like a GAP start today

danchong

502 posts

Posted by danchong > 2014-01-03 10:09 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/44252.jsp

TP : 80 sens

Interestingly, this article mention Lim Chai Beng, Major shareholder of CBIP (another of my favorite counter). I understand that Jessica & CB LIm are close business assocaite.

I am more interested in quality shareholder like Kirby International Private LTD which rank 8th in the Top 30 shreholders list of superlon

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-03 20:24 | Report Abuse

: )

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-03 20:36 | Report Abuse

Dan, thx for the information.
I was collecting, but it was a slow process as not many transaction per day. Mine avg below Rm0.50. When I read through i saw CB was the 12th largest shareholder if not mistaken. After going throu the details i knew i have to buy

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-03 20:40 | Report Abuse

firebird2, firebird is your brother? or you are ghost from liihen thread? hehe

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-03 20:52 | Report Abuse

FT, firebird = firebird2. 2014-firebird2 LOL

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-03 22:44 | Report Abuse

um...upgraded version from year 2013? hehe...

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-03 22:50 | Report Abuse

FT also FreeThink2 coming ? hehe

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-03 23:00 | Report Abuse

u looks very active after upgrading...hehe
i am not going to change loh...afraid my fruit can't find me...hehe
good night, hope SUPERLN gap up and flying high on next monday...hehe

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-04 00:08 | Report Abuse

Past years I have been active too, but just watching.
Certainly hope so, hope you have fruitful days ahead hehe.

danchong

502 posts

Posted by danchong > 2014-01-28 10:24 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1526225

Superlon announced its 1st interim dividend

I feel this stock has started to turn around and is heading north now

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-28 10:30 | Report Abuse

After disposing their loss making steel manufacturing business if I am not mistaken, their earnings and profits will be more stable and hopefully improved significantly. For the current price, its good enough to have a stake.

freethink

4,039 posts

Posted by freethink > 2014-01-28 10:31 | Report Abuse

:)

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-28 10:44 | Report Abuse

FT, Dan, Happy Chinese New Year. You have closed your books for the holidays?

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 11:13 | Report Abuse

FB2, still have 2 short term counter, wonder pick them up or sell in these 2 days...hehe

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 11:15 | Report Abuse

wish u luck in year of horse...

danchong

502 posts

Posted by danchong > 2014-01-28 11:22 | Report Abuse

Yes Wishing all a prosperous year of Horse.

Sorry, I am experiencing very bad line in my office, so the delay.

I am not closing my book for holidays. Never shun your door on the 'GOD of Prosperity' LoL.

I am still buying superlon & Wellcall today

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-28 11:25 | Report Abuse

FT, got to learn from you guys how to make more $$$ using short term methods, I don't mean those intra day trading, but hold for a short term till have some gains, for these I have asianpac and sbc.

DC, ok, I will leave my doors including windows open for the God of Prosperity and will wellcal and welcome the God LOL

danchong

502 posts

Posted by danchong > 2014-01-28 11:51 | Report Abuse

Sorry FT, don't believe in Scheme Cepat Kaya. If the price goes up too fast, I do take trading profit but I believe in building a strong portfolio of investment.

Leverage with share fanancing? Yes. As long as you can serve the interest and don't get yourself 'Game Over'

To me, Buy low & sell high along the trendline & exit if price > fundamental value is the safest bet. But still a BET

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-28 11:57 | Report Abuse

Past years results were not good for Superlon. Rather than of the view that its the result of poor management, I thought they were OK as they do think of diversifying into a related business and active in increasing top line, this failed, and management has taken action to let go its steel manufacturing business.

danchong

502 posts

Posted by danchong > 2014-01-28 12:05 | Report Abuse

It was a bad business decision. The management learned the lesson well.

The recent performance and dividend are commendable.

Better catch it early

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-28 12:14 | Report Abuse

EPS for 1H current FY2014 is 4.38cents, and looks already stabilized without the loss making steel manu business.
Assumption, if maintain for the whole FY, shd be at least 8cents
Current price 56cents, PE will be 7
Lots of room to move up still, even more if EPS increases.
Cant expect a stable business to have PE less than 5

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 13:07 | Report Abuse

fb2, how about the cash flow?
danchong, fin report seems to be too complicated for me to understand, so I prefer to see the chart and act accordingly...hehe

Firebird2

1,730 posts

Posted by Firebird2 > 2014-01-28 13:19 | Report Abuse

Cashflow has improved tremendously. I am not an expert in financials, but at least able to interpret some figures.
From the FY2013, the year which they detach the loss making steel manu business, operating profits is positive +9mil.
Cash and cash equivalent improved to 10.6mil at end year from 3.7mil earlier year. Small debt around 2mil, same as prev yr.
Looking good

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 13:24 | Report Abuse

fb2, thanks for the reading...hehe

smartguy

110 posts

Posted by smartguy > 2014-01-28 13:27 | Report Abuse

Super undervalued stock. Tp Rm1

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 13:27 | Report Abuse

i ll keep for long term..1.25sen dividend, better than a lot big boys

mhchai

589 posts

Posted by mhchai > 2014-01-28 13:42 | Report Abuse

Superln at current price definitely a good price. Balance sheet improved a lot ever since they stoped the loss making steel pipe division. They manage to improve their profit, maintain positive cash flow, improve cash and bank balance but at the same time reduce DEBTS ! this is a very good sign. I'm waiting at 0.53 or lower to sapu.

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 13:47 | Report Abuse

support zone at 0.55, i dont think u could grab at 0.53...if u could, that is not good for the trend...hehe

danchong

502 posts

Posted by danchong > 2014-01-28 14:14 | Report Abuse

ft, I use simple FA for stock selection & TA to fine tune my timing in buying & selling.

smartguy, Maybank gave a TP of 87 sens on 6/1/2014

mhchai, I agree with ft, 55 sens is a very strong support level

danchong

502 posts

Posted by danchong > 2014-01-28 14:38 | Report Abuse

sorry MBB TP is only 78

mhchai

589 posts

Posted by mhchai > 2014-01-28 14:42 | Report Abuse

If foreign fund keep selling like mad and more bad news from China, 0.53 may happen. Since the market condition more favour on downside, i better wait.

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 14:47 | Report Abuse

danchong, good to know your investment method...nice to know u and FB2 here and hope to learn from both of u...hehe

danchong

502 posts

Posted by danchong > 2014-01-28 14:51 | Report Abuse

mhchai, of course anything can happen. however, this share is tightly held and I don't think there will be heavy selling in this counter.

ft, share share opnion only. No sure right or wrong!

mhchai

589 posts

Posted by mhchai > 2014-01-28 14:56 | Report Abuse

yup, only 4% floating in the market. Highly controlled.

FreeThink

4,039 posts

Posted by FreeThink > 2014-01-28 14:56 | Report Abuse

danchong, agree with u, this counter already oversold and i dont think any trader look into it at this moment...so further sell down is minimum....hehe

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