Posted by CaoCao > 2016-02-29 12:24 | Report Abuse

Thanks hng33 and davidtslim for the info. Good stock, company and management.

Posted by 10bagger10 > 2016-03-01 09:14 | Report Abuse

Hng confirm net cash 85c?

Posted by JKing > 2016-03-01 09:41 | Report Abuse

david, can you take a look at Parkson and share your comment.

Posted by hng33 > 2016-03-01 09:55 | Report Abuse

GOOOOOOOOOOOOOOOOOOOOOOOOOOOO

Posted by smartly > 2016-03-01 09:57 | Report Abuse

will hit RM1 soon ?

Posted by smartly > 2016-03-01 09:59 | Report Abuse

really gem stock.

Posted by smartly > 2016-03-01 10:00 | Report Abuse

i think today will challenge RM1

Posted by hng33 > 2016-03-01 10:17 | Report Abuse

Sold back partial at 97.5sen, realize handsome profit gain to offest loss incur in Puncak

Posted by spectre007 > 2016-03-01 10:25 | Report Abuse

7 sen dividend... even buy to keep is worth it

Posted by 10bagger10 > 2016-03-01 10:43 | Report Abuse

Hng...

Posted by hng33 > 2016-03-01 10:52 | Report Abuse

I sell because i need to free up more capital to accumulate more PM corp

Posted by 10bagger10 > 2016-03-01 11:12 | Report Abuse

Pm corp good?

Posted by hng33 > 2016-03-01 11:29 | Report Abuse

10bagger10

Yes, PM corp is on track to move above 30sen as PM corp will have capital repayment of 8sen/share....the EGM for approval is on these wed, 2 day next....once approve by shareholder...share will BOOM

Posted by smartly > 2016-03-01 12:11 | Report Abuse

once break 98c, 1 will be its destination.

Posted by klkk > 2016-03-01 12:40 | Report Abuse

I dunno how hng33 can justify disposing FPI , a profitable dividend paying company , and exchanging it with a loss making PM Corp.. anyway, congrats to hng33 for having profited from FPI.

Posted by klkk > 2016-03-01 15:01 | Report Abuse

tell me how good a company can be when it has to go thro a capital reduction, when it is making losses..

Posted by hng33 > 2016-03-01 15:46 | Report Abuse

klkk

hahaha, i still retain more than half FPI in my portfolio. I sold partial FPI is to realize profit to offset loss incur from Puncak capital swap to FPI last week. The free up capital now swap again to PM corp at 27-28sen thee morning (PM corp now at 29sen), expect to reap another 10% gain from PM crop while waiting for FPI to above RM 1.00 for my remain stake to realize higher gain.

PM crop in actual is also in net cash position, debt free, but just because it have accumulated loss in the balance sheet, therefore, PM corp opt to reduce par value through capital reduction to offset these accumulated loss, clean up its balance sheet. The excess of par value is opt to return back to shareholder via capital repayment, every share entitle 8sen capital return back to shareholder.

Posted by 10bagger10 > 2016-03-01 15:51 | Report Abuse

Hng33 got buy mudajaya?

Posted by hng33 > 2016-03-01 15:59 | Report Abuse

10bagger10

No, but, i intend to buy mudajaya major holding company, mulpha, which is in the midst to implement right share at 25sen, the right (mulpha-OR) to subscribe right share will be list once the date is confirm, worth just few sen depend on market demand, could offer arbitrary opportunity.

I trying very hard to optimize my every singe sen capital through buy/sell and timing in order to roll more profit.

Posted by spectre007 > 2016-03-01 16:29 | Report Abuse

Coming..
Don't miss the boat ... more than 7% yield

Posted by hng33 > 2016-03-01 16:53 | Report Abuse

close at 98sen.....above RM 1.00 is a matter of time now, come soon before the ex-date

Posted by spectre007 > 2016-03-01 17:51 | Report Abuse

Standby for 1.02

Posted by smartly > 2016-03-01 18:06 | Report Abuse

above 1 tomorrow ?

Posted by spectre007 > 2016-03-01 18:07 | Report Abuse

Even if keep... it's worth it... 7sen dividend... which bank can give?

Posted by domperrier > 2016-03-01 19:41 | Report Abuse

For my cost, the yield is 8.9% :D

Posted by spectre007 > 2016-03-01 23:16 | Report Abuse

Good for u domperrier. . For new comers... place rm1000 get rm70 dividend in 1 month's time... mana dapat?

Posted by VenFx > 2016-03-01 23:38 | Report Abuse

Gd Evening ,Allow me to do a cross recommend ___ JHM for its 2016 / 17 HUGE GROWTH *- /-*

Group executive chairman and managing director Datuk Tan King Seng said after a shareholders’ meeting that JHM would supply signature lighting lamps for the rear end of branded cars of a North American customer.

Whereas, the said deal shall be generates US$50mil ( x 4.10 = RM$205mil), per annum starting next year.
So, try to put that in a simple calculation..

[Contribution impact from new North American customer]

- Annualized profit (excluded existing income) > Rm$205 x 0.10 average gross margin = $20.5mil
- Earning per share (e.p.s.) > $20.5 / 123mil shares = $0.167 eps.
- After Bumi special issue dilution > $0.167 / 1.125 = $0.148 eps.
- Fair valued to JHM, apply x10 p.e. > $0.148 x 10 = $1.48 ( my another winner counter)

( Hope to get a more oficial announcement from the management; btw, Jhm got to need more
funding source to support their huge capex this round. Probalby, a right issue ? hmmm,,interesting )

Posted by 10bagger10 > 2016-03-02 08:48 | Report Abuse

Vanfx? U sure u in the right forum?

Posted by hng33 > 2016-03-02 09:33 | Report Abuse

Sold off all FPI at 99-99.5sen, lock in higher profit. free up capital

Posted by klkk > 2016-03-02 09:53 | Report Abuse

congrat to hng33... so what're your next counters? maybe I should follow your style

Posted by megastron > 2016-03-02 10:39 | Report Abuse

sure will hit at least 1.10 base on their net profit trend and dividend.

Posted by Sebastian Sted Power > 2016-03-02 11:35 | Report Abuse

more to come

Posted by kanmibo > 2016-03-02 11:57 | Report Abuse

huat ar!!! i bought this more than 100lots

Posted by spectre007 > 2016-03-02 21:06 | Report Abuse

Should be trading above rm1... more than 7% dividend yield

Posted by kanmibo > 2016-03-03 10:23 | Report Abuse

next quarter even nicer result

Posted by smartly > 2016-03-03 10:30 | Report Abuse

seller start appearing.

Posted by Sebastian Sted Power > 2016-03-03 14:53 | Report Abuse

someone just bite 110,000 @0.97

mean what?

so good DIV who don't want

Posted by smartly > 2016-03-03 15:34 | Report Abuse

upside towards RM1 still intact.

Posted by spectre007 > 2016-03-03 15:56 | Report Abuse

Sebastian... must be making heaps of profits in wzsatu...

Now FPI

Posted by Sebastian Sted Power > 2016-03-03 17:56 | Report Abuse

hahah... wzsatu profit boleh tahan la

FPI DIV so high! See also my hand gatal

Posted by domperrier > 2016-03-03 18:09 | Report Abuse

Same closing price as another of my fav stocks - MAA ! :D

Posted by spectre007 > 2016-03-03 18:12 | Report Abuse

FPI And MAA also I'm in... for the dividend... hold longer.. I think price will reflect it's value... in fact both should be trading above rm1

Posted by Sebastian Sted Power > 2016-03-03 18:57 | Report Abuse

you are right!

Posted by spectre007 > 2016-03-04 22:35 | Report Abuse

When I see people selling down... I feel bad for them. Rm70 in the hand but throw away to others...

Posted by spectre007 > 2016-03-05 12:28 | Report Abuse

ex date is end of the month ... so still got time to remove FD and put in here

Posted by 10bagger10 > 2016-03-05 13:37 | Report Abuse

Spectre.. dun ego. Learn from others..

Posted by 10bagger10 > 2016-03-05 13:38 | Report Abuse

Spectre?

Posted by 10bagger10 > 2016-03-05 13:50 | Report Abuse

谦

Posted by spectre007 > 2016-03-05 22:45 | Report Abuse

Which part am I ego? When in said I feel bad for ppl

Posted by 10bagger10 > 2016-03-05 23:56 | Report Abuse

This is the part. I myself also buy some fpi. But i wont say sure win.. those sell7nf might end up winner if the price drop further.