Posted by davidkkw79 > 2014-01-12 15:05 | Report Abuse

This is not speculative stock, just think about focal, now has become Ecoworld.... samething as well as brem, you nvm know what will happened on it next...

Posted by happytrading > 2014-01-13 01:15 | Report Abuse

read this but in mandarin
http://cnews.cari.com.my/news.php?id=519957

Posted by davidkkw79 > 2014-01-13 09:34 | Report Abuse

deeply undervalue asset

Posted by gaomin > 2014-01-13 11:57 | Report Abuse

wow! up so much today .

Posted by aiman168 > 2014-01-13 12:21 | Report Abuse

whats happening here...

Posted by mmk79 > 2014-01-13 13:37 | Report Abuse

So Yistock what is the fair price for the stock with nta 8?

Posted by YiStock > 2014-01-13 13:43 | Report Abuse

mmk, if NTA 8, fair price is 8 for me for traditional business except of servicing line where the share price is usually higher than NTA

Posted by mmk79 > 2014-01-13 13:46 | Report Abuse

So Brem should be trading at RM8.00 lah in tis case since Brem is not in servicing line but in construction biz rite Yistock?

Posted by YiStock > 2014-01-13 13:51 | Report Abuse

Theoretically yes. Share price derived both from the book and market perception under normal market condition. While the directors refuse to reevaluate their actual asset to reflect actual value, we are considered the early bird to buy the share worth 8 at 2.

Posted by mmk79 > 2014-01-13 13:53 | Report Abuse

Thx for ur explanation :)

Posted by louise123 > 2014-01-13 13:54 | Report Abuse

Hi, Yistock, in that case we still can collect more at current price if we foresee the price will move up to RM8 right?

Posted by ryei > 2014-01-13 13:59 | Report Abuse

it still depends on the shark whether they want to make it to higher price or not.

Posted by YiStock > 2014-01-13 14:07 | Report Abuse

louise, everyone has different safety margin and i dont encourage people to buy or sell a counter...very simple reason, i'm not expert :-)

Posted by YiStock > 2014-01-13 14:08 | Report Abuse

It merely a business decision that every share investor got to make. :-) happy investing

Posted by Risk Trader > 2014-01-13 14:27 | Report Abuse

TP above RM3.00 by this week.....buy now before regret

Posted by louise123 > 2014-01-13 14:32 | Report Abuse

ok, buyyyyy, the dividends given last year were very attractive, can keep for mid-long term , thanks all

Posted by louise123 > 2014-01-13 14:41 | Report Abuse

now people profit taking and is going down to my buying price already, sigh

Posted by YiStock > 2014-01-13 14:50 | Report Abuse

louise...the only investor who will loss money is share market are those buying lousy stock at high price, and the worst behaviour is they not willing to WAIT...impatience really kill lots of people..Buy a counter and hope the price to go up tomorrow is really no wise..according to Warren Buffett...Happy investing :-)

Posted by louise123 > 2014-01-13 14:56 | Report Abuse

noted with thanks, investing acquire patience... yes, patience, i lack of this kill, must learn from you :)

Posted by Melaos > 2014-01-13 16:31 | Report Abuse

Why prediction will go up higher? More big fish buying?

Posted by davidkkw79 > 2014-01-13 17:04 | Report Abuse

闲谈Brem（严重低估的产业股）

现价：RM1.28
目标价：RM2
信心指数：70%
投资期限：2年

投资原因：
1）目前brem市值只有区区的2.15亿，却坐拥大片黄金地
在年报，个人计算。brem的landbank大约是700acre左右而且这些土地多数是位于klang
但管理层在接受报章访问时，声称公司拥有大约1000acre

2）5大房屋发展计划
～目前正在进行的pelangi height project和即将建好的villa orkid project
～位于bukit prima pelangi，kl，39acre土地，发展总值高达：15亿
～位于setia wangsa，kl，39acre土地，发展总值高达：4亿
～位于bukit subang shah alam，50acre土地，发展总值高达：6亿

单单这5大项计划，发展总值就超过30亿

3）除了地产业，公司还有一项收入稳定的水务业
公司持有51%PNG，而后者在papua new guinea经营水务业
去年，水务业的税前净利高达0.26亿
而这份合约直到2019年才会到期
所以至少还有6年的经营权

4）目前公司手头上持有0.6亿现金，银行贷款：1.1亿，虽然brem不属于net cash company，但公司债务水平合理

5）冷眼曾经在其文章提起过brem，原因是brem拥有庞大地段，而且这些土地多年都未重估
转载：http://www.nanyang.com/node/374028

6）brem每年都会派股息，估计今年的dividend yield >3

后语：
自从GUH，L&G大涨后
个人更加相信凡被低估的产业股
终究会获得市场重新评估
所以丐帮把已大涨的GUH，L&G LA，KSL WA进行套利，剩下免费股
然后把资金注入较看好的brem

共勉之
30/12/2013 17:40

Posted by AhSeng > 2014-01-14 22:20 | Report Abuse

time to sell

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

I believe is time to collect instead of sell as per AhSeng comment, you may refer to below recent news, if you sell now and you will regret.


报道称已被低估 柏年股价再创新高

（吉隆坡13日讯）在《光华日报》称柏年（BREM，8761，建筑组）的估值已被低估后，该股的股价一度涨至多年新高。
身为产业发展商的柏年以2令吉的跳空价位报开，早盘结束之前一度升至2.29令吉的多年新高，涨幅达30仙或15.08%；该股在创高后稍作歇息，但是依然维持在2.15令吉水平上方进行交易，闭市时报2.24令吉令吉，起25仙或12.56%，成交量为955万2千700股，为今日第六大涨幅股项。

《彭博社》的数据显示，柏年今年至今的股价共扬升了12%，相对于富时隆综指的2%跌幅。
《南洋商报》早在去年12月30日也曾指出该股的价值已被低估。该报章的报道中曾表示，倘若该公司重新评估本身的资产价值，其每股净资产值将高达8.32令吉。报道中也提到，该公司具有高达3亿1千100万令吉的储备金，因此意味着该公司或落实红股计划。它也建议投资者“购股来致富”。

分析员表示，基于柏年在截至去年3月30日止财政年年报所纳入的产业名单计算，该公司的账面价值具备上升空间。名单中包括巴生加埔（Kapar）的一块地段（每平方尺4.3仙），这块土地是在1994年间收购。
另一方面，该公司透过75%子公司--Harmony产业私人有限公司，在吉隆坡峇都区拥有数幅地段。虽然不确定这些地段是否属于连接性，但其中一幅传已经展开发展。
更重要的是，8幅总面积34.38英亩，及位于泗岩沫的地段平均净市值，明显被低估于每平方尺73.55令吉。
比较之下，IJM置地（IJMLand，5215，产业组）和飞达电线（FCW，2755，工业产品组）最近以每平方尺280令吉买下泗岩沫的4幅土地。

以此计算，单是峇都区地段已可为柏年每股增值另外1.84令吉的净资产值。
虽然修正后净资产值模式是评估一家产业发展商的普遍途径，但分析员表示，在结算合理价前，重估净资产值通常会作出一些折价。
“一家小资本产业发展商，将评值为重估净资产值的30%至40%折价水平。”

地库须发展才有价值
另一名分析员指出，产业发展商以低于净资产值交易相当普遍。
“它在一家公司坐拥地库，但却没有发展地段时更加明显，因它将不会带来任何价值。”
柏年是位于满家乐毗邻泗岩沫彩虹柏迈花园的发展商，由董事经理拿督邱财加控制。
与此同时，该公司也对其前景相当乐观。
其主席拿督阿布苏查在公司2013常年报告中表示：“集团的现有建筑订单约达2亿6千万令吉，将在另外4年才会结束，总发展值超过6亿5千万令吉。”

“董事部认为，随着建筑和产业发展活动增加，来年的整体表现也受看好。”
在2013年5月16日，柏年的51%子公司--PNG水供有限公司，恢复了一项于3月21日终止的特许权。柏年预期水供与服务领域将为集团‘贡献持续收益与盈利’。
该公司的其他商业部门包括土木工程和建筑（贡献2014上半年收益10.24%），产业投资和投资控股（7.55%）、及水供与服务（15.296%）。

Posted by happytrading > 2014-01-15 01:03 | Report Abuse

http://cnews.cari.com.my/news.php?id=521114

Posted by YiStock > 2014-01-15 10:22 | Report Abuse

反向加成长加时间

Posted by YiStock > 2014-01-15 10:23 | Report Abuse

if u think u are holding a good counter, just let the time work for u. Happy investing.

Posted by thkee > 2014-01-15 10:38 | Report Abuse

Even i already gain 1k per share for 34 lots, i still continue holding it for longer term. Time really working for us without need us to do anything.

Posted by mmk79 > 2014-01-15 11:12 | Report Abuse

Ya hold for long term. Much undervalued stock.

Posted by YiStock > 2014-01-15 11:14 | Report Abuse

Sentiment towards BREM has been bullish over the past few weeks following newspaper reports, which pointed out that its NAV/share is worth RM8.32 if the group revalues its assets. More recently, a report by Kwong Wah Yit Poh highlighting BREM’s under-valuation lent further impetus to the stock, with the share price rallying 25 sen to RM2.24 yesterday. As a result, a bullish “Pennant” formation has taken shape on the daily chart to signal a continuation of the prior uptrend. Should follow-through momentum continue, we reckon that BREM could potentially extend its gains to RM2.70 next. Traders should look to take profit 3 bids below the “Pennant” TP at RM2.67, while employing a stop-loss level at RM1.93.

Source: Kenanga

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

TA says 2.70...FA says 8.32....

Happy investing!

Posted by mmk79 > 2014-01-15 11:48 | Report Abuse

How come the gap so big and wide? TA2.7 ,FA 8.32. Any expert here can share his opinion?

Posted by YiStock > 2014-01-15 11:54 | Report Abuse

I suppose TA is short term, FA for long term...

Posted by clonewar > 2014-01-15 11:55 | Report Abuse

Anything make mooney...

Posted by mmk79 > 2014-01-15 13:46 | Report Abuse

Then i wish Brem go bankrupt today cause if go bankrupt, investors like us can get back at least 8.32 worth of value compare to the current price of only 2.30.Hehehe

Posted by mmk79 > 2014-01-15 13:47 | Report Abuse

And tat is 3.2 times the current share price. Betul boh? B-)

Posted by YiStock > 2014-01-15 15:12 | Report Abuse

mmk, bankrupt means left with zero asset including no more land but with lot of liability... :-)))

Posted by mmk79 > 2014-01-15 15:38 | Report Abuse

Betul betul yistock. Cheap sale cheap sale, any heavyweight want to buyover.hehe

Posted by clonewar > 2014-01-16 11:06 | Report Abuse

come..come..come..then strip off the asset..

Posted by davidkkw79 > 2014-01-16 11:48 | Report Abuse

no need to selling off brem's bussiness, very soon you will see how improvement good result in its coming quarter report.

Posted by davidkkw79 > 2014-01-16 16:42 | Report Abuse

going to rebound soon !

Posted by Voon Choon Foo > 2014-01-17 22:47 | Report Abuse

yes wait see monday limit up !~ yuhu~

Posted by tjhldg > 2014-01-18 15:25 | Report Abuse

um um um , , ,

Posted by louise123 > 2014-01-21 13:52 | Report Abuse

CNY mood, profit taking..downtrend....

Posted by thkee > 2014-01-21 21:07 | Report Abuse

Dont worry about short term fluctuation...

Posted by louise123 > 2014-01-22 09:34 | Report Abuse

y huh, such a value stock still people want to throw at that low price 2.12 ?? cannot understand they must be selling at a lost

Posted by traderman > 2014-01-22 09:53 | Report Abuse

because everyone is different plan. some take profit for CNY ... some contra ... some swap to other stock.

Posted by Stock168 > 2014-01-22 10:15 |

Post removed.Why?

Posted by Stock168 > 2014-01-22 10:57 |

Post removed.Why?

Posted by louise123 > 2014-01-23 10:24 | Report Abuse

my goodness! 2.07 now

Posted by happytrading > 2014-01-23 10:46 | Report Abuse

if fundamental no change, then no worry, I am holding for long term but must be caution also, anything might happen in stock market.