Stock Pick 2018 - soojinhou
Owner: Tan KW
Access Type: SHARED | Tag: SP2018
Stock Pick 2018 - soojinhou(https://klse.i3investor.com/servlets/cube/soojinhou.jsp)
TOC - http://klse.i3investor.com/blogs/stock_pick_2018/142761.jsp
20% COMCORP
With a proposed special dividend of 45 cents for the disposal of their primary EMS business, Comcorp is valued at about 26 cents for their remaining business. Is the remaining business worth that much? The remaining business is not yet profitable, but I am optimistic that growth prospect is solid.
The company is focusing on green technology, specifically their waste to energy solution for organic wastes. There are a few unique features of their solution:
a) It is modular, therefore easily scaled and constructed so that even smaller quantity wastes and remote sites is economically justifiable
b) It is carbon neutral. Unlike typical waste to energy plant that generates methane and produces CO2 as methane is burned, Comcorp’s solution produces H2 and produces water.
2018 should see Comcorp winning projects based on these 2 features. Management has indicated it is in discussion for 2 projects in Vietnam and should conclude the contract in 3 months’ time.
20% SOP
CPO price is very bearish, and it is probably a good time to buy beaten down plantation stock at the current trough. In terms of value, growth prospect and size, SOP stands out. It has 63.5% of trees classified as young and immature, trades at ttm PE of 10 (before CPO price tanked), and relatively big with 87,744 hectares of land. Companies with younger trees are small, ex Innoprise 11,905 hectares or expensive, ex TSH ttm PE is 33.
20% FAVCO
To ride on the O&G recovery, I choose industry laggard Favco. Cash rich, generous dividend, and should oil tank again, it is not solely dependent on O&G for contracts.
10% LYSAGHT
10% PRESTAR
Most of the numerous highway project should be at the middle to late stage, except DASH. Others are Pan Borneo Highway, West Coast Expressway and EKVE. PRESTAR and LYSAGHT should benefit. PRESTAR trades at a core PE ttm of 7.5. Latest quarter is a bit soft, but net gearing dropped from 0.7 to 0.5. LYSAGHT is cash rich and trades at PE ttm of 8.2.
10% ORNA
10% PPHB
Since China clamped down on the importation of waste paper in mid 2017, waste paper price outside China declined. Surprisingly, that has not helped ORNA and PPHB’s bottom line. I hypothesize that there’s a time lag and bottom line should improve in 2018. Anyway, e-commerce is growing strong and demand for packaging should remain elevated even if cheap raw material doesn’t materialize. ORNA trades at PE ttm of 8 with net gearing of 0.34. PPHB trades at PE ttm of 7, is marginally net cash, but doesn’t give dividends.
TOC - http://klse.i3investor.com/blogs/stock_pick_2018/142761.jsp
20% COMCORP
With a proposed special dividend of 45 cents for the disposal of their primary EMS business, Comcorp is valued at about 26 cents for their remaining business. Is the remaining business worth that much? The remaining business is not yet profitable, but I am optimistic that growth prospect is solid.
The company is focusing on green technology, specifically their waste to energy solution for organic wastes. There are a few unique features of their solution:
a) It is modular, therefore easily scaled and constructed so that even smaller quantity wastes and remote sites is economically justifiable
b) It is carbon neutral. Unlike typical waste to energy plant that generates methane and produces CO2 as methane is burned, Comcorp’s solution produces H2 and produces water.
2018 should see Comcorp winning projects based on these 2 features. Management has indicated it is in discussion for 2 projects in Vietnam and should conclude the contract in 3 months’ time.
20% SOP
CPO price is very bearish, and it is probably a good time to buy beaten down plantation stock at the current trough. In terms of value, growth prospect and size, SOP stands out. It has 63.5% of trees classified as young and immature, trades at ttm PE of 10 (before CPO price tanked), and relatively big with 87,744 hectares of land. Companies with younger trees are small, ex Innoprise 11,905 hectares or expensive, ex TSH ttm PE is 33.
20% FAVCO
To ride on the O&G recovery, I choose industry laggard Favco. Cash rich, generous dividend, and should oil tank again, it is not solely dependent on O&G for contracts.
10% LYSAGHT
10% PRESTAR
Most of the numerous highway project should be at the middle to late stage, except DASH. Others are Pan Borneo Highway, West Coast Expressway and EKVE. PRESTAR and LYSAGHT should benefit. PRESTAR trades at a core PE ttm of 7.5. Latest quarter is a bit soft, but net gearing dropped from 0.7 to 0.5. LYSAGHT is cash rich and trades at PE ttm of 8.2.
10% ORNA
10% PPHB
Since China clamped down on the importation of waste paper in mid 2017, waste paper price outside China declined. Surprisingly, that has not helped ORNA and PPHB’s bottom line. I hypothesize that there’s a time lag and bottom line should improve in 2018. Anyway, e-commerce is growing strong and demand for packaging should remain elevated even if cheap raw material doesn’t materialize. ORNA trades at PE ttm of 8 with net gearing of 0.34. PPHB trades at PE ttm of 7, is marginally net cash, but doesn’t give dividends.
Total Value
112,867.50
Today's Change
+2,287.00 (2.03%)
Allocation
Stock's Value 112,811.00
Current Holding 7 Stocks
All Time Holding 7 Stocks
% of Total Value 99.95%
Available Cash Balance 56.50
Current Cash Balance 56.50
Unpaid Dividend 0.00
% of Total Value 0.05%
Performance
Average Cost 100,000.00
Unrealized Gain +12,867.50
% over Average Cost 12.87%
Total Capital 100,000.00
Total Return +12,867.50
% over Total Capital 12.87%
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| Stock | Last Price | Change | Shares | Market Value | % | Average Cost | Per Share | Unrealized Gain | % | Day Gain | % |
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Discussions
Be the first to like this. Showing 8 of 8 comments
@probability, not joining for 2019. But since you asked, here's a present for you: https://www.nextinsight.net/story-archive-mainmenu-60/940-2018/12621-sunpower-buying-opportunity-on-share-price-fall
2019-01-01 22:30
thanks soojinhou, just glanced through...will surely look into it again
2019-01-01 22:53
Heavenmessenger
epic failure value investing and analysis.
2018-08-31 20:33