Posted by rikki > 2015-11-24 08:08 | Report Abuse
Evergrn: Earning continued to rise
http://nexttrade.blogspot.my/2015/11/evergrn-earning-continued-to-rise.html
Posted by Tessa Joseph > 2015-11-24 09:35 | Report Abuse
Good morning. YS, I pakai duit sendiri, so less headache. Duit pinjam (contra) susah wor, kena bayar interest, rugi aso kena bayar. I don't like Puncak because the big boss ada link with the big spender, you know who. Project can get la, but big money for shareholders susah la. I like Hibiscus because no cable but hardworking. I think investment in certain stocks, a matter of personal choice, so need la to get overly upset and hantam2 people. I aso day trade but budget small. Do it for fun, bila bored, I masuk...hmmmm
Posted by YS Babe > 2015-11-24 09:41 | Report Abuse
betui gak tu, mark! apft jatuh banyak, ce tengok
Posted by YS Babe > 2015-11-24 09:49 | Report Abuse
Ooo ok la tu, aku dok perhati gak, nak beli tapi pokai hehehehe
Posted by YS Babe > 2015-11-24 11:21 | Report Abuse
sah ler baljit tu punya angkara
https://asiagali.wordpress.com/2015/10/15/hibiscus-to-enter-the-uk-market/
Posted by Tessa Joseph > 2015-11-24 11:26 | Report Abuse
I usually update there, thanks YS :)
au revoir
Posted by YS Babe > 2015-11-24 11:27 | Report Abuse
baru ler nampak instaco tu hijau hish hish
aku pun nak tido dulu
Posted by Tessa Joseph > 2015-11-24 19:54 | Report Abuse
Posted by YS Babe > 2015-11-24 20:04 | Report Abuse
fuyo, fullamak, ipoh mali, esok beli beli, jangan lupa semua beli, kasi naik 1.00 ringgit hehehehe
Posted by YS Babe > 2015-11-25 10:13 | Report Abuse
tak nampak lak muka rikki ari ini. tessa, nak nanya TA yang datang dari stockbrokers tu boleh pakai ke?
Posted by Tessa Joseph > 2015-11-25 10:21 | Report Abuse
sometimes it works sometimes it doesn't, same things with friends and family recommendations, not always 100% accurate, for me if I rasa ok I ikut, if i oredi ikut no jalan, I keep la
Posted by YS Babe > 2015-11-25 10:27 | Report Abuse
aku nengok market hijau tapi kaunter kecik kecik banyak merah
Posted by Tessa Joseph > 2015-11-25 10:31 | Report Abuse
Usually after blue chips up, days later kecik up...hmmm
Posted by rikki > 2015-11-26 07:57 | Report Abuse
Evergreen Fibreboard's first ever private placement oversubscribed
KUALA LUMPUR (Nov 25): Wood-based products manufacturer Evergreen Fibreboard Bhd ( Valuation: 0.30, Fundamental: 1.00)'s maiden private placement exercise was oversubscribed with strong demand from institutional and high net-worth investors.
In a statement today, the group said the 51.29 million new placement shares, which represented approximately 10% of its existing issued and paid-up capital, were priced at RM2.05 per placement share.
"All placees have been identified, the issue price of RM2.05 represents a discount of 4.8% to the five-day volume weighted average price of Evergreen shares up to and including Nov 20, 2015. Based on the issue price, the group is expected to raise gross proceeds of RM105.14 million," read its statement.
Evergreen group chief operating officer and executive director Kuo Jen Chiu said that the group is extremely pleased with the market demand for its shares, notwithstanding that this is the group's first placement exercise.
"This is our first placement exercise as a 10-year-old public listed company, and we are overwhelmed with the response and will certainly press ahead with our business expansion and re-organisation plans for the company. 2016 is expected to be another exciting year for us," said Kuo.
CIMB Investment Bank Bhd ( Valuation: 1.65, Fundamental: 1.05) is the sole placement agent for the proposed private placement and principal adviser for the proposals, while ZJ Advisory Sdn Bhd is the financial adviser for the proposals.
Evergreen shares rose two sen or 0.95% today to close at RM2.13, with a market capitalisation of RM512.98 million.
Posted by rikki > 2015-11-26 08:05 | Report Abuse
GHL Systems core earnings below CIMB Research forecast
KUALA LUMPUR: CIMB Equities Research said GHL System’s annualised 9M15 core net profit, which was at 81% of its FY15 forecast and 83% of consensus.
The research house said on Thursday the main reason was due to the higher tax rate and merchant acquisition cost faced by the card payments solutions provider.
“The 9M15 core net profit rose 30.7% on-year, driven by higher shared services revenue and transaction payment acquisition (TPA) contribution from e-pay and card TPA,” it said.
However, CIMB Research expects better earnings in 4Q, driven by merchant addition in Malaysia and stronger contribution from the Philippines following the new TPA implementation.
It cut the FY15-17 EPS by 15%-20% to account for higher effective tax rate and acquisition cost.
“Maintain Add with a lower RM1.40 target price (23 times CY17 P/E). Stronger TPA earnings and M&As in new markets are potential re-rating catalysts,” it said.
CIMB Research said while the Philippines market only accounted for 11.2% of the group’s 9M15 revenue, management expects it to be the fastest growth driver for the group, with the implementation of TPA services for two telcos and a banking partner in 4Q15.
It viewed the Philippines as an attractive growth market for GHL, given that it offers the higher merchant discount rates (MDR) compared to Malaysia due to the lack of competition in the payment service provider space.
Overall, the research house thinks that GHL’s earnings growth prospects are intact and it is still confident about the execution strategy despite the teething issues
Posted by rikki > 2015-11-26 08:08 | Report Abuse
IFCA ventures into e-commerce
PETALING JAYA: IFCA MSC Bhd, which has long been synonymous with being a software provider, is set to enter the e-commerce space with the launch of a new portal called property365.my (P365).
Chairman and chief executive officer Ken Yong said the portal, which would seek to aggregate all the new launches of major property players here, would allow its users to search for these properties and complete an entire property buying process online.
Real-time information such as how many units have been sold and how many are still available for a specific new launch can also be easily obtained.
According to Yong, the portal, to be launched early next month, is the first of its kind in Malaysia.
“The barriers to entry in doing something like this are very high but much easier for us, as we are already well-versed on the main IT systems of these developers since they have been our clients for so long,” Yong told StarBiz.
Notably, IFCA has a major foothold in the local property sector, supplying software to almost 80% of the entire market. It counts among its clients the big boys of the property industry such as S P Setia Bhd, Mah Sing Group Bhd and the Sunway Group.
According to Yong, IFCA will derive earnings of between 1% and 5% from the value of each property sold, as well as obtain a subscription fee from the developers who use the portal to list their properties.
“You should be able to see the earnings starting to come in by the first quarter of next year,” Yong said.
He said to-date, IFCA had already secured some RM500mil in gross development value (GDV) inventory (new launches) from two developers, and had a target to grow this to RM2bil before the portal is officially launched, possibly in the first or second week of December.
CIMB Research analyst Nigel Foo, who tracks the stock, said assuming IFCA can sell RM2bil GDV through P365 next year, and at a 2% commission rate, its revenue would be around RM40mil from this business alone.
“And assuming a 50%-60% net profit margin, this could boost its net profit by RM20mil to RM24mil, a 45% to 55% 2016 earnings per share enhancement,” Foo pointed out.
Up to the nine months ended Sept 30, IFCA’S net profit stood at RM21.2mil, 77% higher than the net profit of some RM12mil for the same period earlier.
Revenue for the period, meanwhile, was RM78.5mil compared with RM58mil a year ago.
Foo, who has a target price of RM1.80 for IFCA, said the stock could be in for a re-rating, pending a successful launch of P365 as well as a further recovery in the China property market, from which IFCA derived up to 45% of its revenue in the last financial year,
Yong said, for now, the portal would focus on business in Malaysia, as the Chinese market was “simply too big” for something like this.
IFCA shares last traded at 95 sen apiece, giving the company a market capitalisation of some RM533mil.
- The Star Biz
Posted by rikki > 2015-11-26 08:11 | Report Abuse
Support Line
YSP shares bounced to a three-week high of RM2.70 amid fresh bargain hunting buying. Technically, the buy signal on the moving average convergence/divergence histogram suggests a steadier trend ahead.
A breach of the immediate resistance of RM2.80 would drive prices up to the RM3 mark, of which a positive breakout is likely to clear the way for the bulls to revisit the historical peak of RM3.49, established on July 24. Solid support is pegged at the RM2.18 level.
- The Star Biz
Posted by rikki > 2015-11-26 08:17 | Report Abuse
Eita @RM1.12 - A Hidden Gem
http://www.eita.com.my/
Posted by YS Babe > 2015-11-26 09:31 | Report Abuse
tessa tukar gambar profil, comel gak kucing tu
hehehe
Posted by rikki > 2015-11-26 10:00 | Report Abuse
Stocks To Watch on 26/11/2015 - DSONIC (5216)
http://fatta888.blogspot.my/
Posted by Mark T Bird > 2015-11-26 15:45 | Report Abuse
Wintoni skids after delay in finishing accounts
The Star - KUALA LUMPUR: Wintoni Group Bhd’s share price fell to a low of 11.5 sen on Thursday after it announced a delay in completing its financial accounts for the third quarter ended Sept 30 due to loss of data following a recent break-in at its office.
At 11.20am, Wintoni was down 2.5 sen to 13.5 sen. There were 14.16 million shares done at prices ranging from 11.5 sen to 15 sen.
The FBM KLCI rose 1.23 points or 0.07% to 1,685.65. Turnover was 932.12 million shares done valued at RM529.34mil. There were 372 gainers, 323 losers and 287 counters unchanged.
Wintoni is an automation systems and mobile platform service provider company.
The company also said it needed more time to seek third-party opinion on its third-quarter performance and would miss the end of the month deadline to submit the accounts to the exchange.
It also informed Bursa that it was aware of the risk of the stock being suspended from trading if it failed to submit its accounts within five market days after the expiry of the deadline.
Posted by rikki > 2015-11-27 08:13 | Report Abuse
Malaysia's OCK spreading wings in Myanmar
PETALING JAYA: Telecommunications network services provider OCK Group Bhd is in the final stages of getting a contract from Telenor’s Myanmar unit to build and lease over 900 towers in the country.
Sources told StarBiz that the contract would last for 12 years and all the towers under this phase were expected to be completed next year. “They are targeting to seal the deal by next month,” a person with knowledge of the matter said.
Norwegian telecommunications provider Telenor commands a 36% market share in Myanmar, with the other operators in the country being MPT and Ooredoo.
The company said in a statement that it had entered into a memorandum of understanding with Telenor Myanmar alongside local partner King Royal Technologies yesterday.
Meanwhile, the company’s revenue for the third quarter ended Sept 30 rose 75% to RM83.7mil year-on-year (y-o-y), mainly due to higher contribution from its core telecommunication network services.
In tandem with the hike in the topline, its bottomline rose by 62.5% to RM4.89mil y-o-y.
The segment, which made up 84% of its topline, surged by 87% from the previous corresponding quarter.
“The substantial higher revenue from telecommunication network services was due to contribution from its regional business in Indonesia, Cambodia, Myanmar and China, as well as significantly higher contribution from a subsidiary undertaking site maintenance works in Malaysia and the distribution of telecommunication equipment in Malaysia,” the company said in a filing with Bursa Malaysia.
Group managing director Sam Ooi said the company’s strategy to strengthen recurring income and expand regionally had been effective. “More than 15% of our revenue now comes from regional markets, from merely 5% last year. We are continuously looking out for more opportunities in these regional markets,” he said in the statement.
It manages more than 24,000 telecom sites in Indonesia and Malaysia now.
For the first nine months, revenue rose 64% to RM210mil compared with a year ago.
Net profit for the period jumped 44.6% to RM13.09mil from RM9.05mil last year.
The green energy and power solution business was the second-largest income contributor, making up 7% of revenue.
“OCK will continue to participate via the feed-in tariff programme, whereby the Sustainable Energy Development Authority Malaysia will continue to release annual quotas for solar energy,” it noted.
The company’s solar plants, through direct ownership and partnerships with licence owners, produce 2.15MW of solar energy.
- The Star Biz
Posted by rikki > 2015-11-27 08:27 | Report Abuse
Kawan @ RM2.80 dd 26/11/2015 TP upgraded to RM4.48 from RM3.65 by CIMB
Posted by Kawan Tsong > Nov 27, 2015 12:28 AM | Report Abuse
好朋友,出外靠朋友
朋友一升一起走,那些便宜日子不再有。。
CIMB New TP 4.48
Kawan Food
Best quarter ever
-9M net profit results were above our expectations mainly due to huge 3Q15 forex gains. 9MFY15 net profit met 95% of our full-year forecast.
-3QFY15 forex gains of RM4.8m were due to stronger US$. 9M15 forex gains stood at RM7.2m.
-New factory should be up by 1Q2016. Kawan can offer new products from new factory.
-Maintain Add. As we raise our FY15-16 EPS by 14-37% and roll over our P/E valuation to end-2016, our target price rises to RM4.48.
9M15 net profit up 64% yoy
9MFY15 revenue was up 10% yoy but net profit skyrocketed 64% to RM25.1m. The higher profit growth was mainly due to lower raw material costs and the stronger US$. 70% of Kawan’s revenue are exported, with the US being its biggest export market. No interim dividend was declared, in line with our expectations.
3Q15 the best quarter ever
3Q15 was the best quarter ever for Kawan. 3Q net profit came in at RM12.2m, aided by forex gains of RM4.8m in just this quarter. 9M15 forex gains came in at RM7.2m, compared to forex gains of only RM0.5m in 9M04.
Domestic sales were flat
The domestic market was the largest revenue contributor in 9MFY15, but revenue inched down 0.9% yoy. This is one of the rare few times where domestic revenue slid. Even during the 2008-2009 global financial crisis, domestic sales were up yoy. North America, the second-largest market, saw sales rise by 20% yoy to RM39.9m in 9MFY15. Europe posted the fastest growth in 9MFY15, with sales rising by 24% yoy.
New plant target to be ready by end-1Q16
Kawan is building a new factory in Pulau Indah, Selangor, which will be 5-6x the size of the existing freezer warehouse. Expected to be up and running by end-1Q16, the new factory and production line will allow the company to develop new products and target new markets. Its existing plant is already running at full capacity.
Net cash balance sheet
Kawan's balance sheet is healthy, with net cash of RM33m as at end-Sep. Its existing cash pile and proceeds from warrants (RM20m thus far in 9M15) should help fund most of the new factory's capex.
Maintain Add, target price raised
We raise our FY15-16 EPS by 14-37% to reflect forex gains and lower raw material costs. Our target price rises, as we roll it forward to end-2016, with the target P/E basis unchanged at 20x, a 25% discount to our F&B sector P/E of 25x. The stock remains an Add. Potential catalysts include successful completion of its new factory and strong export sales.
Posted by Ratna NinjaGal > 2015-11-29 14:35 | Report Abuse
Bird!!! No Monkey!!!!
wakakaka
Posted by rikki > 2015-11-30 06:41 | Report Abuse
MY E.G. Services @ RM3.51 dd 27/11/2015 TP upgraded by CIMB to RM5.67 from RM3.92
FWPR is an earnings booster
■ We deem 1QFY06/16 net profit in line with our expectations, as 1Q is a seasonally weak quarter. 1QFY16 net profit comprised 15% of our full-year forecast.
■ Nationwide foreign workers permit renewal (FWPR) services are running smoothly.
We expect this to be MyEG’s main earnings contributor in FY16.
■ MyEG will maintain a database of foreign workers in the country on behalf of the government.
■ Maintain Add. We raise our target price to RM5.67, as we roll over to end-2016.
1QFY16 net profit up 132% yoy MyEG’s 1QFY16 revenue was up 119% yoy, mainly due to the higher contribution from FWPR services. 1QFY16 net profit growth was higher at 132% yoy, likely due to greater economies of scale. No interim DPS was declared, in line with our expectations.
FWPR to start contributing in a big way in FY16 In our view, MyEG’s FWPR services will start to contribute significant earnings this financial year. In May 2015, the government announced that it would pay the employers’ MyEG online FWPR processing fees of RM35 per foreign worker and all employers to use the FWPR. In addition, MyEG earns additional revenue of RM70 per foreign worker from the sale of compulsory foreign worker’s insurance annually. There are currently 2.5m legal foreign workers in the country and we believe around 5m illegals. MyEG to track foreign workers The government has appointed MyEG to set up and maintain a database of foreign workers in the country. MyEG would be able to effectively maintain the database by using FWPR services.
MyCC issue likely resolved In Oct 2015, the Malaysia Competition Commission (MyCC) proposed to impose a financial penalty on MyEG for abusing its dominant position in the provision and management of FWPR applications. This should no longer be an issue, as MyEG has
opened this gateway to other insurance companies. Most of the other insurance companies now have a presence on this gateway.
Custom service tax monitoring system to start later We expect the custom service tax monitoring system (CSTM) project to be launched in
mid-2016 or earlier. The company decided to postpone the CSTM launch, as it would be a stretch for management to handle the registration of illegals and CSTM at the same time. CTSM Phase 1 targets the food and beverage (F&B) sector and around 50,000 outlets nationwide would come under the CSTM.
Maintain Add, target price raised
We maintain our FY16-18 EPS forecasts but raise our target price as we roll over to CY17 21x, in-line with peers. The stock remains an Add, with the registration of illegal foreign workers and successful launch of the CSTM as potential re-rating catalysts.
- CIMB Research
Posted by rikki > 2015-11-30 10:33 | Report Abuse
SKP Resources - Momentum Building @ RM1.37 TP RM1.71 by Public Invest
SKP’s 2QFY16 net profit of RM18.4m (+74.9% YoY, +2.9% QoQ) contributing to a cumulative net profit of RM36.3m (+80.0% YoY) for 1HFY16 met only 39% of our and consensus estimates. While seemingly short, we view the results broadly in-line with expectations as we see increased contributions from its recently-secured RM400m (announced in May) and RM600m (announced in September) per annum contracts and a gradual pick-up in existing orders in the subsequent quarters to deliver our full-year estimates. Our Outperform call is retained with an unchanged PE-derived target price of RM1.71 premised on a 15x PE multiple to FY17 EPS, the higher multiple justified given the anticipated growth spurt in the coming few financial years underpinned by the expected increase in orders from its key existing clients.
•2QFY16 Revenue (+84.4% YoY, +7.5% QoQ), Net Profit (+74.9% YoY, +2.9% QoQ). The robust revenue and profit growth are reflective of the company securing more work orders from its existing customers during the year. The slight decline in net profit margins this current quarter is not of particular worry as we view this more of timing differences in the passing on of its raw materials costs (particularly resin, owing to the stronger USD) rather than a systemic issue in itself. While susceptible to fluctuations in the interim, net profit margins should normalize to average c. 7.5%-7.8% over the longer-term however. We also see the significant levels of growth in the coming financial years to mitigate any potential margin erosions from raw material cost pressures from greater economies of scale.
•Symbiotic partnership. Growth in Dyson augurs well for SKP. 2014 saw record profits of £367m being announced on the back of an £1.4bn revenue, with more than 90% of its products now sold outside the UK. Of greater interest is the 68% sales growth last year which it saw on its cordless product, one which SKP is very much involved in and has recently secured huge contracts for over the next 5 years.
•Interest still strong. Despite the share price having appreciated 58% since our initiation in April this year, we still see value at current levels. Recent secondary placement of 55m shares over the last 5 months at an average price of RM1.48 per share to various parties is reflective of this. Our Outperform call is retained with an unchanged PE-derived target price of RM1.71 premised on a 15x PE multiple to FY17 EPS.
Source: PublicInvest Research - 30 Nov 2015
Posted by YS Babe > 2015-11-30 20:40 | Report Abuse
Terkejut aku, RATNA!!!! awak gi mana? Tempat awak tak banjir ke? rindu sama awak, kiss kiss hehehe
Posted by YS Babe > 2015-11-30 22:46 | Report Abuse
ala mark, dia cari freethink, aku rasa freethink dah tukar id, aku tak tau lak id baru dia heeheehee
KUTNAIK and KUTPAI
Posted by Mark T Bird > 2015-11-30 23:00 | Report Abuse
Oh I see. Regardless of the size of your bed, don’t stop yourself from dreaming king size. Good night friends. hohoho
Posted by rikki > 2015-12-01 08:26 | Report Abuse
SKP Resources Berhad - Results As Espected, TP RM2.00
Review
-SKP Resources reported its 1HFY16 results of RM36.3mn (+2.9% QoQ,
+80.0% YoY). This was within ours and consensus expectations at 40.0%
and 38.9% respectively.
-It was another consistent quarter for the company. QoQ, there were no
major developments as earnings remained flat. Everything remains on
track. We are expecting a better second half, driven by the production of cordless vacuum cleaners for Dyson.
-YTD, the surge in net profit was mainly attributed to the consolidation of its results with Tecnic’s subsidiaries. Results also included the production of two new Dyson products, the bladeless fan and vacuum cleaner, which began in 3QFY15. Net profit margins were stable at 7.2%.
Impact
-Leave our earnings estimates unchanged.
Outlook
-Earnings will be driven by its fifth factory, which houses 20 assembly lines vs. 3 assembly lines at existing facilities. It has secured two separate contracts for the production of cordless vacuum cleaners, totalling RM1.0bn from Dyson. Cordless vacuum cleaners are among the fastest growing products for Dyson. Commencement of these contracts are expected to begin in the 2HFY16. As everything remains on track, we expect the group’s performance to pick up in the second half.
Valuation
-We value SKP at an unchanged TP of RM2.00/share – based on a PE of 18x
and CY16EPS of 11.0sen. BUY. Key buying points are: 1) Strong earnings
growth with a three year CAGR of 68.2% YoY; 2) Decent future dividend
yields of 4.4-5.7% and 3) Potential for further contract awards given
available capacity at new factory.
- TA Securities
Posted by rikki > 2015-12-01 08:30 | Report Abuse
Support Line
ASDION
ASDION fell from the recent minor rally peak of 76 sen on Oct 27 to a 1½-month low of 37 sen on Nov 25 amid extended correction before bouncing off slightly to achieve a high of 43.5 sen during intra-day trading amid fresh bargain hunting interest. Apparently, the moving average convergence/divergence histogram is seen improving while the stochastic momentum index and the 14-day relative strength index curve up from the oversold area, implying prices are set to firm in the short-term. A clear breakout of the 50-day simple moving average of 50 sen will clear the way for more scaling, enroute to the 65 sen mark or 80 sen barrier. Solid support is pegged at the 30 sen floor.
CHEE Wah Corp
CHEE Wah Corp tested the heavy resistance of RM1.50 last Friday, the best level since July 2000, before reversing down owing to an apparent profit-taking selling. Technically, the daily moving average convergence/divergence histogram remains the buy call, suggesting investors can consider accumulating more on weakness. A breach of the recent high of RM1.50 line would propel prices up to the RM1.75-RM1.80 band. The next upper hurdle is expected at the RM2 mark while initial support is resting at the RM1.25 line, followed closely by the RM1.15 level.
DATASONIC Group
DATASONIC Group rose to a one-year high of RM1.68 on Nov 25 before turning range-bound undergoing a healthy consolidation. The trend ahead is simple. A successful penetration of the RM1.68 would signal an uptrend continuation, targeting the RM1.80 mark, or the RM2-RM2.06 band. On the opposite, a breakdown from the RM1.55 floor will see prices drifting lower towards the RM1.32-RM1.35 area on correction.
- Star Biz
The comments above do not represent a recommendation to buy or sell.
Posted by YS Babe > 2015-12-02 16:39 | Report Abuse
sa, comel kucing tu, kucing parsi ke?
Posted by YS Babe > 2015-12-02 16:47 | Report Abuse
oo tak pernah dengar breed tu, aku biasa dengar persian, maine coon hehehe
Posted by Tessa Joseph > 2015-12-02 21:01 | Report Abuse
YS, Maine Coon very very big cat, 12 months only oredi double my Persian size LOL
Posted by YS Babe > 2015-12-02 21:26 | Report Abuse
betui tu, aku ada nampak kat cat show, mak ai besau nyer hehehehe
Posted by YS Babe > 2015-12-02 21:32 | Report Abuse
wah aku dan mark masuk apft, lama dah tak sama hehehe
aku nak tido KUTNAIK DAN KUTPAI hehehehe
Posted by rikki > 2015-12-04 08:53 | Report Abuse
Technical Stocks To Watch on 4/12/2015 – EFFICEN (0064), COMFORT (2127), ECOWLD (8206), SUPERLN (7235), KAWAN (7216) & YEELEE (5584)
http://fatta888.blogspot.my/
Posted by joekit > 2015-12-04 08:58 | Report Abuse
Wow! Good thread! Hey! MUH like cantik wo....why nobody buy???
Posted by YS Babe > 2015-12-04 09:13 | Report Abuse
MUH? nanti aku tengok, buat masa ini aku tak cukup duit, nanti dah lapang dan price masih ok, aku beli, terima kasih joekit hehehehe
Posted by rikki > 2015-12-04 10:38 | Report Abuse
Stock With Momentum: CCK Consolidated Holdings
CCK Consolidated Holdings Bhd ( Valuation: 1.40, Fundamental: 1.00) (-ve)
CCK (Fundamental: 1/3, Valuation: 1.4/3) triggered our momentum algorithm for the first time yesterday. The stock has risen by 11.9% to close at 84.5 sen since announcing its 3Q2015 results last Friday.
For 3Q2015, net profit surged 67.1% y-y to RM3.9 million while revenue grew 10.5% to RM135.7 million, mainly due to higher business volume from new stores/outlets. The seafood division also recorded better performance.
Kuching-based CCK is mainly involved in the retail of cold storage products and the production of poultry products, mainly in Sarawak. These divisions accounted for 74.7% and 19.4% of revenue in FY2014, respectively. The company also produces prawn and seafood products. Export, mainly to Indonesia, accounted for 8.8% of revenue in 2014.
The stock trades at a trailing P/E of 12.3 times and 0.8 times book. The company has consistently paid dividends, since 2002. Dividends totaled 2 sen per share for 2014, giving a yield of 2.4%.
http://www.theedgemarkets.com/my/article/stock-momentum-cck-consolidated-holdings
Posted by rikki > 2015-12-04 21:36 | Report Abuse
World Bank expects 4.7% growth for Malaysia this year
KUALA LUMPUR: The World Bank expects Malaysia to record 4.7% growth this year and close to 4.2% in 2016 before gradually rising again in 2017, said its chief economist (East Asia and Pacific Region) Sudhir Shetty.
http://www.thestar.com.my/business/business-news/2015/12/04/world-bank-expects-almost-5pc-growth-for-malaysia-this-year/?style=biz
Posted by rikki > 2015-12-05 09:16 | Report Abuse
Eye on stock: Green Packet Bhd
AFTER dropping to an all-time low of 18.5 sen on July 14 amid extended correction process, Green Packet Bhd (G-Packet) staged a steep rally, pushing prices to a high of 29.5 sen on August 4.
However, the upward momentum was short-lived, as the bulls could not attract follow-through support. Consequently, G-Packet shares came under the pressure to retreat, but just when it looked frail and risked setting a new ebb, a fresh bout of buying interest emerged from the sidelines. This led to a rebound, up from the 19 sen level to reach a high of 29 sen during intra-day session yesterday. G-Packet has been on the upward momentum the past four months. Unlike the previous steep climb, which punctured eventually, this time around it was more consistent albeit on a gradual pace, with investors continuing to indulge in bargain hunting interest. Based on the daily chart, the stock had already penetrated the mid-term bearish descending line recently and they are now on the way to challenge the 29.5 sen-30 sen band. A breach of the band would propel the bulls to challenge the longer-term descending trend line of 45 sen, of which a major breakout would see the fate of this counter changing for the better going forward.
Elsewhere, the oscillator per cent K curved up from the mid-range and crossed over the oscillator per cent D of the daily slow-stochastic momentum index to trigger a short-term buy yesterday. The past week witnessed the 14-day relative strength index retracing back to a reading of 52 in mid-week before curving up to settle at the 64 points yesterday.
In addition, the daily moving average convergence/divergence histogram resumed the positive expansion against the daily signal line to keep to bullish note.
It had issued a buy on Nov 18. Technically, indicators suggest a steadier trend in the short-term. Combined with the pretty encouraging trading volumes, G-Packet has the potential to turnaround. As for the downside, initial support is resting at the 26.5-sen floor, followed closely by the 25-sen mark and the 24-sen level, also the 200-day and 50-day simple moving average lines respectively. – By K.M. Lee
http://www.thestar.com.my/business/business-news/2015/12/05/eye-on-stock/?style=biz
Posted by rikki > 2015-12-05 09:19 | Report Abuse
Kawan Food on a roll with strong US dollar
WHILE the after-effects of recession in 2010 had left many fast-moving consumer goods (FMCG) companies hurt and looking for ways to cut costs, the weaker ringgit against the US dollar is certainly proving to be exciting for food manufacturer Kawan Food Bhd.
The strength of the US dollar is somewhat stirring up investors’ craving for the frozen food producer that exports most of its products with sales mostly denominated in the currency.
Since the lowest closing price on Sept 21 at RM2.37, the company’s share price surged 24.5% to close at RM2.95 yesterday. The company is worth RM607mil now.
http://www.thestar.com.my/business/business-news/2015/12/05/kawan-food-on-a-roll-with-strong-us-dollar/?style=biz
Posted by rikki > 2015-12-05 09:31 | Report Abuse
Green Packet enters a new era
THE OSK Group, a long-standing substantial shareholder in Green Packet Bhd has exited the group, sources say.
Off market trades show that a block of 109 million Green Packet shares crossed hands at a price of 30 sen a piece yesterday afternoon.
Sources say it is OSK Technology Ventures Sdn Bhd which sold its entire stake in Green Packet.
The buyers of the block are split between parties linked to Green Packet’s founder Puan Chuan Cheong (pic) (better known as C.C. Puan) and another group from China. The latter’s entry could also mark a new business direction for Green Packet. Sources say the Chinese party is a listed-entity in China which is involved in the mobile payment and e-commerce payment sector. “That could be Green Packet’s next wave of growth,” a source says.
Green Packet was among the most traded stocks of the day. It ended the day up 1.5 sen to 29 sen. The stock is down 3 sen or 10% on a year-to-date basis.
The largest shareholder of Green Packet is Puan via his vehicle Green Packet Holdings Ltd. He holds 20.56% or 141 million shares.
http://www.thestar.com.my/business/business-news/2015/12/05/green-packet-enters-a-new-era/?style=biz
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CS Tan
4.9 / 5.0
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....
Posted by Fortunebull > 2013-12-03 20:12 | Report Abuse
I3investor most experienced investors, traders, punters gather to exchange their views on current stocks! Beware! Most of their views may not be suitable for those under 90s!