Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Monday, July 30, 2012

From Farm to Fridge

Yikes. Can't believe this is happening ...

Buy. Maxis. GenM.

Maxis (nta 108, QQeps 7.3/ 7.2/ 12/ 7.6 sen) share price tumbled to RM6.30 after report of AK disposal of 5% stake in the company..
While it's not cheap with PE of 18, its dividend yield is very attractive at 6.4 %
For those who have missed out buying while it was RM 5.70 on Feb 7th, now is the time to buy some and hold for a year or two... This stock is especially for those who're thinking about investing in unit trust or buying into dividend yielding stocks..

Buy at 3 levels: RM 6.30/ RM 6.00/ RM 5.70
Don't worry too much about the downside, I repeat from my Feb 7th posting, the 40 sen dividend will bring your staggered buying cost to RM 5.90/ RM 5.60/ RM5.30 after one year..
Its lowest since IPO is approx RM 5.20

If you're using Maxis as your cellphone carrier or 3G, you should buy own some Maxis shares.
I asked friends who use Maxis mobile to own some shares and earn some dividend. To pay for their bills as it's a win-win scenario..
Same for those who uses DIGI, buy the Digi shares and earn the dividend to pay the bills. Sane logic, if you're supporting the business why not own part of it...?

I've been right about buying DIGI with TM all the way from RM 3.30 to 4.00 (TM currently about RM6.00 per share).
Telco share prices are usually slow moving but they do trend up. I can't guarantee Maxis will fly like TM or DIGI but over the long term, it's not possible to lose money on this one.
By the way, if you fancy regional telco try my favourites ; Singtel and Telstra ...

GenM (223, QQeps 5.5/ 6.1/ 6.2/ 4.8sen) trading around RM 3.30 with PE of 15
With more than RM 1 billion profit every year, it has plenty of cash in its coffer either to do acquisition, RPT (unfavorable) or reward its shareholder (maybe generously on one fine day.!)..
Why would I buy..?
It's the profitability, earnings predictability and gaming assets in the UK that interest me...

Monday, July 23, 2012

Very Basics of Good Company

What companies interest Remnant the most ..?
1. Earnings stability (or predictability)
2. Dividends ( or growth )
In summary, companies that are profitable and rewards its shareholders with growth or dividends

Two very basic criteria of good companies:
1). Companies whose earnings are positively stable or predictable...
It's wonderful to have companies making profits quarter after quarter and year after year
growing and adding to its cash pile
2). Companies who will use its profits/ cash to grow/expand its business ( capital expenditures or capex ) and whenever not possible, reward its shareholders with the cash as dividend..
It's great to know that the company that you've invested in is on a growth trajectory.
Yet when that is not possible, it's nice to know that they will be generous enough to pass it on to their shareholders ...

Thursday, July 19, 2012

Life on the Back Street

Wednesday, July 11, 2012

Hap Seng. MHC Plantation.

Hap Seng Cons (nta 150, Q/Q 4.8/ 4.4/ 5.1/ 3.9) declared a 1st interim dividend of 4.5 sen tax exempted gong ex. 23rd July ... Div yield abt 5 percent ...

MHC (nta 200, Q/Q eps 6.4/ 6.1/ 4.7/ 3.8) announced bonus issue of shares with free warrants on the basis of 2 for every 5 existing, going ex. on 23rd July. Shares price surged from RM 1.88 to RM 2.08 with a gain of 10 percent ...

Monday, July 9, 2012

Plantations. It's time to accumulate

It's time to hand-pick plantations shares.
It's not cheap yet not too expensive.
Pick your favourites or the ones you're familiar with the price action ...
Happy trading ...

Thursday, July 5, 2012

Final Moments of Life

TAOYUAN, Taiwan (AP) - The photographer gingerly places a small, mixed-breed puppy on a platform in his make-shift studio at an animal shelter in northern Taiwan. The dog looks about 2 months old, with alert, trusting eyes and a shiny black coat.
Mr Tou Chih-kang captures expressions, personality. He creates the kind of photos that any pet owner would love to have.
This puppy has no owner and will not get one. Once its photo shoot is over, it will be taken away by vets to be put down.
Mr Tou has been recording the last moments of canines at the Taoyuan Animal Shelter for two years. He has captured the images of some 400 dogs, most of which were pets abandoned by their owners. To him the work is distressing, but he's trying to spread a message of responsibility.