Posted by icon8888 > 2015-12-14 17:05 | Report Abuse

sifu sharktank you also think Superlon good buy at this price kah ?

Posted by tanbb > 2015-12-14 17:06 | Report Abuse

heart attacking start today

Posted by hyteo1992 > 2015-12-14 17:32 | Report Abuse

I ll enter superlon after the correction finish. Today is still a long red candlestick. Plus market sentiment. Downtrend nt yet end. Wait n see.

Posted by stockraider > 2015-12-14 17:38 | Report Abuse

General Raider is surprise of the selling pressure loh....!!
Raider only expect the low is Rm 2.08.....but it fell as low as Rm 1.97......bcos of this, raider collect quite a large chunked at average cost of Rm 2.01....!!

If 2morrow raider sell.....raider already make monies loh....!!
Of course raider will not sell at this price loh.
This superlon is worth much more mah...!!

Posted by icon8888 > 2015-12-14 17:44 | Report Abuse

stockraider was the one that called buy at 70 sen

Posted by icon8888 > 2015-12-14 17:55 | Report Abuse

sifu sharktank, I small ciku retiree, must quick quick spread the news to shore up price after buy. Otherwise if price goes down, my pension money all gone then no good loh...

Sorry for causing you inconvenience... Sorry sorry...

Posted by stockraider > 2015-12-14 18:17 | Report Abuse

ANOTHER VERY FINE ANALYSIS OF ICON...THE BEST ANALYST IN I3INVESTOR

Icon8888) Superlon - Surf Riding Opportunity ?
Author: icon8888 | Publish date: Mon, 14 Dec 2015, 01:03 PM

At the beginning of the year, certain sharp eye investors spotted Superlon when it was trading at approximately 70 sen

In the subsequent few quarters, the Group came up to expectation and delivered a series of strong profitability. As a result, share price has been rising steadily.

On 10 December 2015, Superlon announced EPS of 6 sen for the quarter ended 30 September 2015. The company also announced second interim dividend of 3 sen per share. As a result, share price got a big boost and went up to all time high of RM2.40 on 11 December 2015.


Quarter Result:
F.Y. Quarter Revenue ('000) Profit before Tax ('000) Profit Attb. to SH ('000) EPS (Cent) DPS (Cent) NAPS
2016-04-30 2015-10-31 22,357 5,850 4,798 6.04 3.00 1.0957
2016-04-30 2015-07-31 22,106 4,999 3,856 4.86 2.00 1.0553
2015-04-30 2015-04-30 20,872 4,152 3,241 4.08 - 1.0067
2015-04-30 2015-01-31 19,320 3,902 2,939 3.70 - 0.8002
2015-04-30 2014-10-31 17,109 2,965 2,081 2.62 6.00 0.7832
2015-04-30 2014-07-31 17,208 1,535 1,120 1.41 2.00 0.7570

However, the company's share price soon succumbed to profit taking and went down to as low as RM1.97 this morning.

As mentioned in my earlier article "Three Ways To Punt The Market", I recognised "Surf Riding" (buy high sell high) as a legitimate way of benefiting from an industry up cycle.

I am positive about Superlon's prospects. The group is a beneficiary of weak Ringgit as it exports most of its products. I am of the view that Ringgit will remain weak in 2016 due to :-

(1) US interest rate hike;

(2) low oil price; and

(2) weakening of Renminbi (which caps potential upside of Ringgit).


This morning, I decided to pick up some Superlon at RM2.00.

My decision to buy is guided by Superlon's PE multiple. I am not sure whether RM2.00 is the bottom. As such, I have made preparation to average down if necessary.

RAIDER LIKE TO ADD BESIDE VERY GOOD PE....U WILL FIND GOOD PROSPECT BCOS OF BETTER MARGIN DUE TO LOW OIL PRICE(R.MATERIAL) AND STRONG USD OR GOOD SELLING PRICE.

SUPERLON HAS REPORTED GROWTH IN EPS FOR THE LAST 6 QTRS .

SUPERLON DIVIDEND POLICY IS 40% OF PROFIT.
U CAN EXPECT MINIMUM DIVIDEND OF RM 0.08 THIS YEAR.

Icon Comment;
Before I end this article, I would like to bring to your attention Superlon director Mr. Yee Wei Ming's recent disposal of shares (before announcement of September 2015 result) :-

THE GOOD THING IS BCOS OF THE DISPOSAL OF 8 MILLION SHARE AT AVERAGE COST OF RM 1.96 SUPERLON TODAY IS MORE LIQUID.


Only time will tell whether I will triump or get a nasty choke by sea water. Buy at own risk.

Posted by Probability > 2015-12-14 19:05 | Report Abuse

better go Jaycorp...
before ICON decides to make an article on it tom.

Posted by soros228 > 2015-12-14 19:52 | Report Abuse

Icon 888, got counters to share with me ah?
Really need your advice.

Posted by dalpinia > 2015-12-15 10:51 | Report Abuse

Cash = RM....RM is depreciating right now....the best tools to invest in Malaysia is buying exporting counter like EverGreen, Pohuat, Latitude, Hevea, Liihen, Superln, FFHB, WTK, FACBInd, VS and etc who earn USD!!! Then only we can maintain our RM value in this country....

Posted by Tan Kin Thien > 2015-12-16 15:27 | Report Abuse

New high quarter profit but price even lower than before QR . ~.~

Posted by spectre007 > 2015-12-16 15:32 | Report Abuse

Sold by uncles and aunties.. nothing to worry...

Posted by spectre007 > 2015-12-16 18:54 | Report Abuse

Very strong support at 2.05 ... this will rebound

Posted by Tkoklin > 2015-12-16 21:28 | Report Abuse

I bought this ard rm 0.89. Is this smart?

Posted by mhchai > 2015-12-16 22:37 | Report Abuse

I bought it at 0.42. Is that smart ?

Posted by red_85 > 2015-12-16 23:20 | Report Abuse

you are not smart enough, you can consider as lucky if you bought at 0.42.
for smart ppl, they will top up nonstop from 0.42 to 2 if they see value in this company..company business keep growing, your investment in this company should keep growing also if you are PRO.

Posted by Tkoklin > 2015-12-16 23:32 | Report Abuse

Wah, sound smart. But is it ?

Posted by dalpinia > 2015-12-17 12:00 | Report Abuse

Bought in at 0.42 but sold it at 0.5 is it....the most important is holding power if u bought it at 0.42 and continuously top up until today then only can call smart.....and continue to keep for another 2-5 years, wait until it achieve RM5!!!

Posted by dalpinia > 2015-12-17 12:01 | Report Abuse

Hold longer and add more and talk or show-off less....

Posted by Icon8888 > 2015-12-17 12:01 | Report Abuse

hey, my ex colleague is here (ex CFO of Poh Huat)

Posted by Zai Zai > 2015-12-17 12:05 | Report Abuse

agree with dalpinia

Posted by Tkoklin > 2015-12-17 12:07 | Report Abuse

what? so high still buy?

Posted by Icon8888 > 2015-12-17 12:11 | Report Abuse

sifu paperplane, this is the new style we retailers play stock, buy high sell high mah

Posted by Tkoklin > 2015-12-17 12:12 | Report Abuse

what? I thought Buffett tell you buy low sell high? Same like mother is lady..........

Posted by Icon8888 > 2015-12-17 12:14 | Report Abuse

Buffett in US mah, in Malaysia we follow syndicate

Posted by Tkoklin > 2015-12-17 12:18 |

Post removed.Why?

Posted by Icon8888 > 2015-12-17 12:20 | Report Abuse

Ok we follow TalkKoklin

Posted by Tkoklin > 2015-12-17 12:21 | Report Abuse

This is democratic world, you can choose to follow whoever, none of my biz.

Posted by Icon8888 > 2015-12-17 12:22 | Report Abuse

Nice name talkkoklin...

Posted by Tkoklin > 2015-12-17 12:23 | Report Abuse

why?

Posted by Icon8888 > 2015-12-17 12:25 | Report Abuse

Suit you loh, like to talk kok..

Posted by Tkoklin > 2015-12-17 12:49 | Report Abuse

why?

Posted by soros228 > 2015-12-17 12:59 | Report Abuse

Sifu Icon8888, can I have your email address ?
Got some personal questions need to consult u.
Thanks.

Posted by Zai Zai > 2015-12-17 16:11 | Report Abuse

transaction again

Posted by mh87 > 2015-12-17 16:30 | Report Abuse

big volume have been transacted at 2.10..

Posted by RosmahMansur > 2015-12-17 16:42 | Report Abuse

Pls buy Superlon with IV RM 2.60

Posted by Icon8888 > 2015-12-17 18:08 | Report Abuse

Wah rosmah also buy... Huat ah...

Posted by soros228 > 2015-12-17 19:08 | Report Abuse

Sifu Icon8888, can have your email address ?

Posted by stockraider > 2015-12-17 19:33 | Report Abuse

Raider comment:

Some people say superlon now rm 2.15 why buy & not high meh ?

Put it this way....superlon move up from rm 0.70 to rm 2.15 a gain almost 200%....a big gain loh.....!!

But then....superlon earnings & prospect had also grew alot also mah.....!!
The latest Qtr eps is Rm 0.06......therefore compare at rm 2.15 it is not overvalue loh.....in fact it is now a growth stock ,which would be highly rated mah....!!

Then some people ask why Rm 0.70 don recommend buy and now rm 2.15 say buy loh...??
It is hard to get margin of safety investor and growth investor together loh.....!!
It is hard for growth investor to call a buy during margin of safety value phase.
It is hard for value investor to call a buy during growth phase mah.!!

Raider recommended buy at Rm 0.70.....but it takes very long time to move up loh....bcos it is a value margin of safety stock at that time mah....!! U just have to be patient & wait loh....!!

But when it is Rm 2.00.....why still recommend buy, bcos it is a growth stock.....therefore it move up, very fast loh....!!

The same problem is encounter everytime for investor loh like;

Ajinomoto Rm 4.00 why don buy ? Now Rm 9.00 say can buy leh ?
Apollo Rm 4.00 why don buy ? Now Rm 5.00 say can buy leh ?

It depend how u approach on investment mah.....!!
Your method of investment had a big bearing on ur buy call loh..!!

Posted by Icon8888 > 2015-12-17 19:37 | Report Abuse

well said raider !!! I hope paperplane can learn something from your comments !!!

Posted by RosmahMansur > 2015-12-17 20:29 | Report Abuse

Superlon quarterly results are getting better and superb. The next result will have to beat the EPS of 3.7sen only, which is reasonable. Current PE Ratio is 11.6x which is reasonable compared to its peers of 10 -15x PER. Otherwise, the NTA of it is RM 1.09 vs current price RM 2,15 which translate to P/B ratio of about 2x - quite expensive.

Posted by Tkoklin > 2015-12-17 20:49 | Report Abuse

Rosmah. I remember u said sign very promising also and keep asking ppl to buy. After consistently two q lower, u keep quiet.

Posted by Tkoklin > 2015-12-17 20:50 | Report Abuse

To me your iv is useless. Invt is an art.

Posted by DreamInvader > 2015-12-17 20:56 | Report Abuse

ya meh

Posted by RosmahMansur > 2015-12-17 22:10 | Report Abuse

Tkoklin : i invest as per according to intrinsic value of a stock. Sign is a good stock, there is no doubt about it. But for the past two quarters, it did not perform well due to properties slump. Therefore the profit margin is less.

I did ask ppl to buy when it went down till 1.90. Apparently it recovered its losses till 2.70 in November before it went down again.

Btw, i had not seen anything positive posted by u in i3 before except criticizing other people.

Posted by Icon8888 > 2015-12-17 22:12 | Report Abuse

Rosmah don't bother to explain, his head got wind, can't understand you

Posted by Tkoklin > 2015-12-17 23:25 | Report Abuse

Inv is an art. property slowdown, of course sing result no giod. Logic thinking only.

Posted by Tkoklin > 2015-12-17 23:27 | Report Abuse

Now us hike. More to come next yr. Avoid property and any relted sector.

Posted by Tkoklin > 2015-12-17 23:33 | Report Abuse

Ur problem using iv is based on currentvresult. Which is dangerous. U know why i fail miserably in sign? U using past data to forecast future. If in fact result is slowing down, ur iv is over count alredi. Get it?

Posted by Tkoklin > 2015-12-17 23:36 | Report Abuse

It is no different from using eps. Eg now usd strong. Myr weak. Will this continie? If myr sokeday strong, all ur iv calculation become funny with overrated.