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

any news ??

Posted by patricksim53 > 2014-01-16 15:24 | Report Abuse

Good counter. Just given bonus 1:1 in December. Grab the chance to accumulate at below 2.80. EPS 65sen NTA 3.39. Pre bonus issue price was at RM6.20. What more do you expect?

Posted by heavyth > 2014-01-16 15:37 | Report Abuse

will it go down any further.?...market now correction..!!!

Posted by heavyth > 2014-01-16 16:34 | Report Abuse

if good counter why ppl selling..just wonder ???

Posted by JXRepcoBuffet > 2014-01-16 16:39 | Report Abuse

perhaps those with lower holding cost taking profits for CNY? only few sen drop... not an issue.... if RM2.50 i will collect more and more... but don't think so unless global market crash

Posted by kcchongnz > 2014-01-16 16:47 | Report Abuse

heavyth, seen too many of your similar posts like this. Do you want to hear an advice?

Ah what the hack, just give it to you nevertheless.

You should sell off all your stock holding and put your money in the bank and earn a fixed income. That is important because you must be able to sleep well every night, and not have to worry this and that. It is not good for your health.

The stock market is not a place for the faint hearts, people who do not understand the market is like the swing of a pendulum, and it is never static.

In order to survive in the market, you have to have a strategy, be it TA or FA. I can't talk much about TA, but in FA you must know at least a bit about what is price versus value of a stock. You must know some psychology of the market as there are many people and hence the market is hugely affected by human emotion; fear and greed.

Posted by YiStock > 2014-01-16 16:49 | Report Abuse

Mr Kcchongnz, would you be able to advice also on BREM...thank you very much.

Posted by heavyth > 2014-01-16 16:52 | Report Abuse

Thanks for your kind & wonderful advice JXRepcoBuffet & kcchongnz !!!

Posted by JXRepcoBuffet > 2014-01-16 17:23 | Report Abuse

If your are holding speculation stocks i.e. iris, sumatec, xdl, csl and etc........ then you should react fast when correction.... This stock is fundamentally strong hence required holding power to bear fruit, buy on weakness if affordable. Should always follow comments like kcchongnz and also buy at your own risk... happy investing! Happy Thaipusum!

Posted by kcchongnz > 2014-01-16 18:23 | Report Abuse

Posted by YiStock > Jan 16, 2014 04:49 PM | Report Abuse
Mr Kcchongnz, would you be able to advice also on BREM...thank you very much.

First YiStock you must know that I am just a retail investor living with no insider information and also don't know too much about the company except the published financial statements showing their performance. Even that it is beyond my capability to study the company in detail.

Somebody asked me about this stock before and I thought I have given a comment about this company, but I didn't seem to find my post. But I have a spreadsheet on Brem dated 10 December 2012, barely a month ago.

The financial performance of Brem was not that good for the last two years. There is little turnover and hence ROE was poor at less than 5%. It was not too expensive at that time when PE was at 11 and enterprise value 8 times ebit. this was because it has a lot of assets, with NTA of RM2.50. It even qualified as a Graham net net stock then with net net value of RM1.52.

But wait we are talking about about a month ago on 10 December 2013 when the price was at RM1.40, according to the figure in my spreadsheet. It is now RM2.24 already! It rose by 60% in just a month. Gosh!

The steep rise must be some kind of speculation that its land now cost a lot more. How much more, i don't know.

But for me it is way too expensive now at this price, just basing on its financial status and performance. Not for me. I don't pay for speculation.

Posted by heavyth > 2014-01-16 19:15 | Report Abuse

Thanks JXRepcoBuffet !!!

Posted by YiStock > 2014-01-16 20:10 | Report Abuse

Hi Mr kcchongnz, yes, agreed totally that FA is always the key to win in share market in long term.

About Brem, indeed i did not see fantastic FA based on current accounting. Thus, the key now is on "perceived NTA" based on current book vs "actual NTA" should the revaluation being carried out. I agreed that so long as no revaluation of land value being carried out, the NTA will remain low in book.

If you agree with me that in long term property investment- "land appreciate, property depreciate", would you consider BREM as "undervalued"? or simply "a good bargain"? I'm simple businessman, i see buying a share at RM 2 but the "actual" NTA worth RM 8 is good bargain. Like to know your thought. Thank you

Posted by kcchongnz > 2014-01-16 20:37 | Report Abuse

YiStock,
Yeah invest like you are doing your business, I believe you won't go wrong. There are many undervalued property stocks, much more undervalued than brem, I think. Try read my post on graham net net valuation for some property stocks in i3, and you will know what I mean.

May be I don't know enough of brem. So I am not sure of it.

Posted by YiStock > 2014-01-16 21:28 | Report Abuse

Hi Mr Kcchongnz,
Managed to find the blog. Search back the company financial report and the companies constantly doing reevaluation over their land / investment properties based on latest market transaction evidence hence their financial stand should have reflected as "up to date". Please correct me if i'm wrong.

As for Brem's case, opposite is the case.

Appreciate if you could also do a valuation on Brem, if possible, by referring link below for land price transaction reference. I have double check the price based on "Property Map" and the transacted price data is somehow reliable.

http://klse.i3investor.com/blogs/treasures/44100.jsp

thanks in advance and hope is not so much of trouble to you.

Posted by JXRepcoBuffet > 2014-01-16 22:58 | Report Abuse

Yistock can u share the blog?? Thanks

Posted by kcchongnz > 2014-01-17 07:36 | Report Abuse

YiStock,

在股市，“先知先觉赚大钱，后之后觉赚小钱，不知不觉赚不到钱。”

If we want to make extra-ordinary return from the market, we have to have carve out our own original idea. Even that is not easy to make money. As a copycat, the chance is slimmer. How many times have you experienced that when an investment bank wrote about the bullishness of a stock, the stock price went up and everybody chased it. But eventually the price dropped back and many people lost money? You should realize that as you are a successful businessman and an experienced investor in your own right.

You know a lot more about Brem than I do. That is excellent and you should utilize your insight to make a better decision on your own.

As your appended article mentions 不少二线地产股股价却严重低估, which I agree, we have to find the best one to invest in and I have to make a choice. I really do not know much about Brem. In fact I am not proficient in valuing property companies at all as first I do not have all the information available. Secondly I do not have the time to spend on them, and thirdly if I have the time and information, I am not sure if I am capable of doing a good job.

And as I have said, I do not place too much emphasize on what the speculation of its land value is but what is stated in his book. Other property companies also have the same dilemma that the true value of their properties are way above their book values. So we have to compare with equal basis.

Value-wise I found there are many better buys than Brem since its steep rise in price recently. This you can compare the net asset backing and the Graham net net valuation. In earning power, Brem with a ROIC of just 5% and earnings yield (Ebit/EV) of less than 10% is also far below those property companies which I have analysed.
So for me, my choice is clear. However I may be wrong, and I was wrong quite often too.

Posted by YiStock > 2014-01-17 08:14 | Report Abuse

Thanks kcchongnz...got ur point.

Posted by Sapphire > 2014-01-29 16:44 | Report Abuse

HI KCCHONG , MAY I KNOW WAT IS UR FIRT MAJOR SHARE IN UR PROFILE?

Posted by kcchongnz > 2014-01-29 20:40 | Report Abuse

Posted by Sapphire > Jan 29, 2014 04:44 PM | Report Abuse
HI KCCHONG , MAY I KNOW WAT IS UR FIRT MAJOR SHARE IN UR PROFILE?

Not very sure of what your question is, but if you mean the highest weightage in my portfolio, then it is Kumpulan Fima. And also it is the only one which made a loss, though a very small one.

It actually surprised me considering its fundamentals.

Posted by novice8 > 2014-02-05 18:50 | Report Abuse

saw it shoot before settled at square one. whats up? any more kick tomorrow?

Posted by JXRepcoBuffet > 2014-02-10 16:16 | Report Abuse

this is called fundamentally strong... not much down side risk, let's the biz performance take care of the upside... thanks kcchongnz

Posted by lcng123 > 2014-02-10 17:52 | Report Abuse

well done pintaras. finally you are came back to the market. it might be related to it's strong coming quarterly financial result. just wait and see.

Posted by coolio > 2014-02-10 17:54 | Report Abuse

yes, i believe the quaterly result will be excellent

Posted by novice8 > 2014-02-10 18:22 | Report Abuse

would it be too late to join the boat.. ah!

Posted by lcng123 > 2014-02-11 11:31 | Report Abuse

pintaras's share price was dropped from year high rm3.24 to current price of rm2.83, dropped around 12% so far. i think its coming 2Q financial result will be good partially contribute from its investment in securities stock market. we wait and see.

Posted by ppfoong > 2014-02-13 02:09 | Report Abuse

Result out already. Profit soaring from projects revenue.

Posted by shahpress > 2014-02-13 09:14 | Report Abuse

nice!..good quarter result!

Posted by LATO' > 2014-02-13 10:01 | Report Abuse

Up up & away

Posted by ezuan727 > 2014-02-13 12:14 | Report Abuse

great

Posted by keithlauct > 2014-02-13 17:09 |

Post removed.Why?

Posted by novice8 > 2014-02-13 19:17 | Report Abuse

heartache... never got the chance to boat this morning.

Posted by maps > 2014-02-14 13:59 | Report Abuse

How come the price target few days ago was +RM4.10 but now it is only RM2.29 only. Can anybody shed some light on this. I doubt these analysts can make such a mistake

Posted by leslieroycarter > 2014-02-15 13:02 | Report Abuse

18/10/2013 Bonus Issue BONUS ISSUE 1 : 1 12/12/2013
Dividend just paid out 25% if not mistaken

Posted by maps > 2014-02-18 12:39 | Report Abuse

How come share not moving, !! Like tortoise just moving 1 sen a day

Posted by leslieroycarter > 2014-02-19 11:16 | Report Abuse

7:03PM PTARAS 1H net profit 24.271 million (increased 7.72%)

Posted by haikeyila > 2014-02-27 14:26 | Report Abuse

damn those ESOS

Posted by LATO' > 2014-02-27 15:34 | Report Abuse

Accumulate before it's late

Posted by maps > 2014-02-27 16:14 | Report Abuse

this share is not moving at all,,,may have to wait long time

Posted by haikeyila > 2014-02-27 16:25 | Report Abuse

how to move now with 15% new ESOS?

Posted by limayseng > 2014-02-28 12:30 | Report Abuse

Latest Announcement



Wednesday, 26 Feb 2014

5:55PM PTARAS NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)

Wednesday, 12 Feb 2014

7:03PM PTARAS 1H net profit 24.271 million (increased 7.72%)

Posted by maps > 2014-03-03 20:39 | Report Abuse

can any investor advise why this counter keeps coming down?

Posted by 林俊松 > 2014-03-03 21:50 | Report Abuse

Slowly going down~

Posted by leslieroycarter > 2014-03-04 14:47 | Report Abuse

got big contracts so up today !

Posted by LATO' SELI > 2014-03-04 14:50 | Report Abuse

Don't be late ; BUY !!

Posted by Sapphire > 2014-03-04 16:43 | Report Abuse

someone offer lower price..then the price going down.if someone want it,then offer high price

Posted by limayseng > 2014-03-09 17:43 | Report Abuse

Problem with short sell that so many counters already approved at the expense of small players . BB can do buy long and short sell but not small players. So small players better avoid those counters published by the papers a few days ago.

Posted by Firebird2 > 2014-03-12 17:54 | Report Abuse

This will be good for the company
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1564525

Posted by danchong > 2014-03-12 18:13 | Report Abuse

Fb2, Good to see you here. Another winner!

The company already chalked up some increase in earning. I have no more worry about its earning over the next couple of years.

Let's see how they reward the shareholders. Dividend coming in the next 2Q. Hope to get at least 5 & 10. This will represent a grow of 5 sens from last year.

Posted by Firebird2 > 2014-03-12 18:17 | Report Abuse

Dan, I do have positions here, and I hope the hard working directors carry o their good work, and reward us.
First thing, management integrity is good, I don't know anybody there, but looking at their actions all these years tells me they take care of shareholders like you and me.
I am confident to park some money and let it grow here.
Dividends are good, and their announcement of this project is significant, as they usually take more private developers projects but now, they broke into the GLC arena, its a big win.

Posted by danchong > 2014-03-12 18:33 | Report Abuse

This is the 2nd largest holdings in my portfolio.

I attended 2 recent AGM. There is no question about management integrity. I just feel there are keeping too much idling cash in the company a cash bonus is better than bonus shares.

They were not interested in GLC jobs because of the low profit margin due to competitions. Hope they are getting the same margin of 30+% in this contract.