Some thing not right . Making good profit year after year, but no pay dividend. Just look at their high short term borrowings of Rm75 plus millions . They should declare bonus shares out of their retained profit to revive shareholder interest .
Aiyo eric.....not like that leh.....want get dividend....go AGM there bang the table lor....then Mr.Koh will notice your demand lor....then he baru tau he so kam siap lor.....aiyoyo....being a devoted Christian...no smoking...no drinking...no b6b service......must share share profit with shareholders mah......dun just keep for yrself lor.......ha ha ha
My Johor SIFU visited PJ one day & saw the Huge Volume of Cars passing LITRAK toll booth. He bought 300,000 lots of Litrak & made good money. A toll booth is A Cash Cow. Yes! Just collect monies from People traveling from Puchong to PJ & Vice-Versa
2)KPJ
One Day he sent his wife to KPJ Specialist Hospital as she was sick. The Charges were Exorbitant & There was A Very Long Queue of patients waiting. He knew right away that KPJ Should do well. So he bought KPJ & made tons of money from it!
3) NTPM
Ha! My Johor SIFU's Family Use Lorry loads of Tissue papers. He has to keep on replenishing them all the time from Supermarket visits. So he loaded up on NTPM at 45 cents. He sold of NTPM at the peak. He made so much money from NTPM that he could afford to buy a whole lifetime supply of tissue papers.
SCUTTLEBUTT Is So Simple. Just Watch Any Business Doing Well & Just Buy The Shares. You Won't Go Wrong. So Be Your Own Expert. Buy What You Yourself Know!
Calvin Knows A Lot About KPSCB & BJ Corp, That's why he confidently call for a Buy!
Investment Guru Teaches Us That We Must Diversify Our Investments into many shares for safety. Yes, this is correct!
One Day My JOHOR SIFU Said, "If You Really Know A Share So Clearly That It Is A SURE THING, don't just nibble - YOU MUST HAMMER IT!"
What he meant was, "Don't buy a little because you will make only little profit. He said HAMMER IT! Buy AN AWFUL LOT OF IT! SO YOU WILL MAKE A LOT MORE MONEY!"
When You Are On The RIGHT TRACK - BE BOLD TO BUY MORE!
That's Why Warren Buffet said, "Our ELEPHANT GUNS ARE READY". For Warren he won't just buy shares HE WOULD BUY UP ENTIRE COMPANIES!
If in Malaysia he will Certainly By Up KPSCB (Price 53 cents. NTA RM2.00?) A SURE FIRE INVESTMENT!
SO DON'T JUST NIBBLE KPSCB - "HAMMER IT"
Still Got Surplus Funds?
Then "HAMMER BJ CORP"! - THE BERKSHIRE HATHAWAY OF MALAYSIA
Unfavorite industry with very low profit margin (2.4 mil profit over 125 mil revenue) Much lower profit margin on higher revenue compare to Q213, Have doubt on their intangible asset valuation (43 mil over 324 mil total asset)
Just wonder how to justify higher stock price with such lower earning capability?
IN THE EARLY DAYS OF HARISON WE SAW HUGE REVENUE WITH PEANUTS PROFIT. ONLY IN LATER YEARS HARISON SLOW DOWN REINVESTING AND ACCOUNTS THEN SHOW HUGE SURPLUSES LOR.
IT WAS JUST LIKE KPSCB. BUT IT'S OK. THEY PLOW BACK PROFIT INTO THE BUSINESS MAH. THESE DIRECTORS WANT COMPANY TO EXCEL MAH?
SO THEY ALSO TIGHTEN THEIR OWN BELT ALSO LOR. THEY ONLY TAKE LESS THAN RM100K AS RENUMERATION OR SALARY LOR! THEY GIVE SO MUCH AND TAKE ONLY SO LITTLE. THAT'S WHY THE TOP BOSS WORKED UNTIL SICK. NOW PASS ON HIS PASSION TO THE SON. AND I HEARD THE SON BEHAVES LIKE HIS FATHER. SO KPSCB SHOULD REALLY DO WELL LOR.
THEY SET VERY GOOD EXAMPLE MAH.
KPSCB SHOULD ALSO DOUBLE IN PRICE LIKE HARISON MAH
QUESTION NOW IS. HAVE YOU LOADED UP ON KPSCB?
REMEMBER TO HAMMER IT!
CALVIN HAMMERED MUDA WHEN IT WAS 35 CENTS.
HA! MUDA WAS ALSO GENERATING HUGE REVENUE WITH LITTLE PROFIT THEN
SEE MUDA HAS SHOT PAST RM2.20 ALREADY - UP 600%
SO DON'T WAIT ANY MORE. KPSCB MIGHT FLY AWAY LIKE MUDA SOME DAY
Thanks calvintaneng for you explanation (Appreciate more if you could write in mixed case where it is more readable compare to all caps *_*)
I just have a glance on the latest qtr report to understand the overall company & have no plan to scuttlebut yet
Even with additional 4.5 mil 'profit' due to property re-evaluation, it's going to be one time deal and might only have impact on their short term stock price. I'm still sceptical about their long term earning capability on their core business
Probably you could help me to understand more about the company :)
Might do some investigations on kpscb huge revenue with small profits? As long as they can capture market Share they can always increase price later like Harison did in East Malaysia
calvintaneng, admire you have time to scuttlebut the company :) Are you full time investor?
I usually look at the profitability over asset when evaluating a company. This company is attractive on valuation but still lack of profitability capability...We have slightly different view but I'm happy to learn from you :)
Thanks. I am full time Social Worker. Part time contractor. Investing plays a small part only. Maybe about 10%. I come to i3 Forum to learn from every body.
The Top Boss only told those Managers who were interested to invest in KPSCB Co. shares. The ordinary staff members don't know anything as they don't buy shares.
Now there are Different Types of Shares, Cyclical, Stalwarts, Growth, Stocks, Consumer Staples & Health Care & Education & Utilities.
Some are recession proof while others are not.
KPSCB Has Diversified Recession Proof Growth Companies.
1) Tissue Papers/ Toilet rolls
These Are Used by Man in good times or bad times. So it is recession proof.
2) Photocopy paper (Double A Bonded Paper)
Malaysia is on the path to being A Nation for Education like Australia. So there is a huge demand for photocopy papers and stationary
3) Stationary
Just days ago, Malaysia has offered a 5 Year Multiple Entry Visa for Knowledge Workers - This Will Bring in More Foreign Fund Workers - Thus Leading to more demand for Office Stationary.
4) Plywood
This is Poor Man's Wood - The Cheapest Wood Used In Many Areas
a) Home/ Office partition
b) Former for Building Concrete
4 MORE POSITIVE FACTORS
1) High NTA of RM1.40 (Valuable Property Assets in Prime Areas at Old Book Value)
2) Recent hike of 30% Price for All Paper products. Market chased up Muda, Orna & Master!
3) Profitable Year After Year (Positive quarters 90% of the time.
}This is more stable than Kumpulan Fima or KFima which I bought years ago at 35 cents That time before others discovered KFima - KFima prices were quite erratic.} Later KFima price shot up 600%. And of course the balance sheet of Kfima look very excellent now. Even my Johor Sifu go GaGa over Kfima now. A little late, though.
For KPSCB earnings are more consistent.
4) KPSCB Top Boss Buying With Own Money
In Bursa Filing
21 April - Koh Poh Seng bought 58,000 shares at 58 cents 6 August- Koh Poh Seng bought 40,000 shares at 64.8 cents 7 August- Koh Poh Seng bought 20,000 shares at 63.3 cents 8 August- Koh Poh Seng bought 20,000 shares at 62.3 cents.
CALVIN'S VIEW ON RECENT SELL DOWN
1) On 7 August When KPS was still buying Joint Win disposed 1 Million Shares in the market. Anything wrong? According to information gathered KPS invited Joint Win to participate in the Future Growth of the Company. However, when Joint Win bought over the threshold of more than 5% they asked for a seat as a Director which the Top Boss refused.
So there is nothing wrong for them to take some profit.
I once bought YTL Cement at RM2.20 even though one Director was selling. Nothing wrong with YTL Cement. In fact Price Doubled to over RM4.60 later & YTL Took it private.
Yesterday, YTL News Came Out That Its Shares Did Pretty Well Due To High Profit from contribution by YTL Cement.
So like YTL Cement - KPSCB Should Also Do Very Well
2) Koh Poh Seng resigned as Chairman.
He resigned & pass the rein to his son. He is still monitoring from behind. Everything if fine. This rumour caused KPSCB shares to be sold down? This Is An Opportunity.
One Day in 2007? It was Announced That PUBLIC BANK BERHAD Invested A Stake in Hong Kong/ China. It was remoured that PUBLIC BANK OVERPAID BY A WIDE MARGIN.
This Negative News Caused Mr. Market to panic and SOLD DOWN PUBLIC BANK Shares!
Nothing was Wrong With PUBLIC BANK When Its Priced Tanked to RM6.50. What is wrong is people with light ears frightened by rumour mongers.
See Public Bank went on to Overtake CIMB & MAYBANK to Cross Over RM20.00
Those who sold Public Bank at RM6.50 have themselves to blame. Will you sell KPSCB knowing that one fine day in the future it will play catch up with Muda?
Calvin bought Muda at 35 cents. Muda also Skyrocketed 600% to over RM2.20
accumulating slowly at 54 cents region....I heard when you buy Public Bank 40 years back 1000 shares, it is worth 1 mil today,,is that true? so if you invest KPSC 10k today and wait for 40 years, what happen....maybe 500k
Yes! Those who invested early in Public Bank in its early inception have seen their shares grew from RM1.00 to RM1 Million!
For KPSCB we expect its Growth Trajectory to Follow MUDA. Muda was 35 cents in year 2008. Current price RM2.15 . Up RM1.80 in 6 Years! or 30 cents a year! or A Fantastic 85% Growth Per Year!
40 Years Later? That's Where You Leave Some For Your Grand Children.
Since Tissue paper, Double A Bonded Paper, Stationary & Plywood are recession proof they might survive more than 40 years!
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....
iyin666
101 posts
Posted by iyin666 > 2014-08-27 22:07 | Report Abuse
Some thing not right . Making good profit year after year, but no pay dividend. Just look at their high short term borrowings of Rm75 plus millions . They should declare bonus shares out of their retained profit to revive shareholder interest .