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

Tuesday, December 9, 2014

I like Maybank at this price; RM8.90

Maybank (nta 546, Qeps 20/ 19.6/ 18.1/ 17.5/ 17.6 sen) currently hovering at RM8.90
Maybank previous dividends of  55 sen (31c + 24c) if it persists will offers a dv yield of 6.2 %
Hmmm, quite decent for a bluechip counter..
Sold all my telcos shares in Maxis and DIGI (which pays between dv yield of 4.3 to 4.8 %) to accumulate Maybank..

Insas (nta 180, Qeps 8.9/ 6.2/ 4.6/ 4.9 sen) did surge to RM1.20 strong resistance level before diving on announcement of its recent Qeps of 3.6 sen
Sold most shares above RM1.15
Currently trading at 94 sen, worth nibbling between the range of 90 sen to 86 sen strong support...

L&G (nta 57, Qeps 3.9/ 4.0/ 3.2/ 4.5/ 7.9 sen) looks like a good counter to trade at 50 sen level

Recent trades:
Sold all of my shares in TM, Maxis and DIGI
Sold two-thirds of shares in Tambun above RM2.14 , buying back on weakness in shares price currently trading at RM1.80
Sold some shares in HapSeng, KSL, Paramon, PJ Dev, ThongGuan Ind., L&G, PavReit, IGBReit,

Thursday, October 30, 2014

Insas. CMMT. KSL. HapSeng. YTLReit

If there's a stock I would  invest a lot of money in, it would have to be Insas (nta 180, Qeps 8.9/ 6.2/ 4.6/ 4.9c)
Accumulating from 98 sen, RM1.00 and RM1.05
The movement 86/88c -> 96/98c -> 106/108c -> 116/118c.???
I think it's gonna move to RM1.19 strong resistance (former strong support).

Why the dip in CMMT stock price to RM1.43.?
CMMT (nta 123, Qeps 6.5/ 2.1/ 2.4/ 2.2/ 5.9/ 2.0) pays 4.5 and 4.53c as dividends
Therefore 9.03/143 = > 6.3 % dy

KSL shares price has surged to RM4.70 while HapSeng keeps going up to almost RM4.50
Lets see if HapSeng will increase their half yearly dividend from 10 sen ...
Luxchem (nta115, Qeps 3.8/ 3.3/ 4.6/ 3.8/ 3.7/ 4.6) shares price rose to RM1.80 on proposal of bonus shares issue
YTLReit in news on improving earnings. Anyone who misses out on buying other REITS can still accumulate this one as YTLReit pays 6.9 sen on current price of RM1.03 (dy = 6.7%)

Monday, October 20, 2014

Telco DIGI. Maxis. Property Tambun

DIGI posted its latest Qeps of 6.2 sen and a dividend of 6.26 sen going ex on 5th November.
Looking at the six quarters of earning (Qeps 4.9/ 5.8/ 7.1/ 6.2/ 6.4/ 6.2) and dividend (Qdps 4.8/ 5.7/ 7.0/ 6.2/ 6.4/ 6.26), it certainly look like the earnings and the dividends are stagnant; not going to improve a lot.. Currently trading at RM5.95 with a trailing PE of 595/25.9 = 23 and dy of 25.9/595 = 4.3%, it certainly doesn't look very attractive holding DIGI for dividends..

Maxis has not announce its Qeps but looking at previous Qeps 7.0/ 6.3/ 3.9/ 6.4/ 5.9 and Qdps 8/ 8/ 16/ 8/ 8c, its now trading at RM6.62 with a traling PE = 662/ 22.5 =29 and dy = 32/662= 4.8% assuming Maxis will reduce its annual dividends from 40 to 32 sen,,

Prefering REITs now over telco: DIGI or Maxis which has PE ratio > 23
Will accumulate REIT and sell telco on strength

Selling Tambun shares (nta 086, Qeps 4.5/ 5.2/ 6.1/ 6.4/ 6.3/ ??) trading at trailing PE 224/ 24 = 9 with dy = 6.6/ 224 = 2.9%

Thursday, October 16, 2014

Stock market still depressed.

Heavy selling for the whole week at local stock market.
Oil & gas, plantation and property sector share prices plunging more than 20% from recent high..
Looks like stocks is entering a bear market with everybody in a panic mode selling their holdings and asking question later..

KSL rose as high as 4.97 last month and since then had slid to about 4.20 and is traded currently at 3.80
Daiman has dropped from 3.70 and currently trades at 3.00 mark
Tambun share price tumbled from 2.60 to 2.06
PJ Dev slid from high of 2.20 to 1.60 (more than 30%)
Paramount dropped from 1.60 to 1.43
TA shares price tumbled from 93 to 76 sen
Blue chips Maxis, DIGI and HapSeng seem to be holding well at 6.50, 5.84 and 4.00 respectively
Liquidate more than RM500k of stocks for last one month..
And the selling has not subsided with KLCI down by 1% at 1768 : 1001 losers dominating 64 gainers in the local KLSE market.....      Happy trading...

Monday, August 18, 2014

KSL. Daiman. Paramount.

KSL goes ballistic from RM3 since lasst posting, up and up towards the RM4 mark..Is there no stopping KSL..?
Another property player Daiman shares price seems to be going nowhere..
Accumulating .....
Paramount (nta 221, 3.2/ 4.1/ 4.3/ 5.7/ latest 5.4 sen) posted an impressive Qeps of 5.4 sen
Declares an interim dv of 2.5 sen going ex. 28th August.
Price has moved from 1.55 to current 1.75 range.. Trending towards RM1.90 ??

Thursday, July 31, 2014

KSL continues uptrend. Tambun. PJDev. Glomac.

KSL shares price continues to rise to new high hitting RM3.00 level
Over a month it has appreciated more than 30 % from RM2.30 range
Was accumulating from 2.30 range, 2.60+ level.
Even at 2.80 yesterday I was buying: And contra off at RM3.00 today
Best performer of the month in my portfolio...

Tambun continues to inch up from 2.20 to 2.50 range registering >13 % gain in price
PJ Dev (nta 221) continues to be in the limelight and soon will hit the RM2 mark
Glomac shares price has gone from 1.09 to 1.20: Sold too early, wait for it to come down at 1.07
KPS shares price has tumbled to RM1.50
Reits of IGB, Pavilion, Sunway at 1.30, 1.40, 1.43 levels

Continues to accumulate TA, KSL, trade Malton.. Waiting for SymLife, KPS, DRB, YTL, Pantech..

Thursday, June 26, 2014

Crescendo. Paramount

Crescendo (nta319, Qeps 9.2/ 12.7/ 21.4/ 13.1/ 2.4c) reported a Qeps of 2.4 sen, a 70% drop in earning compared to a similar quarter last year.
Pays 16c annually.. Declares a dv of 9c going ex. 8th Aug.
Buying in....

Paramount will be doing a rights issue at price of RM1.10 per RI on basis of 1 rights share for every 4 existing @ entitlement date 8th July 2014

Monday, June 23, 2014

Recent Trades:

Sold shares in WCT, Crescendo, MKH, KPS and Efficient..
Sold completely all YTLP and waiting for another plunge..
Let's watch and see if KPS (nta 222, Qeps 4.9/ 46/ -2.7/ 4.7) ever fall back to RM1.55 range
Decent gain from recent trades but not an awful lot.
Bought shares in KSL, HapSeng, IGB Reit, SunReit, PavReit and Malton..
Missed taking  position in Pantech

The following shares price rises on positive news of its landbanks and its steady recurring income:
Daiman rises from RM3.50 to RM3.80 (go read The Daily Edge's article on 17th June)
KSL up from RM2.17 to RM2.28 (ref. The Edge's article on KSL dd 23rd June). Should accumulate more of KSL shares..
Tambun moves from RM2.08 to RM2.18 today.

Scientex (nta 310, Qeps 13.7/ 13.8/ 13.3/ 15.3/16.4) declares a dv of 8c going ex. 17th July
It should cross the RM6.00 resistance easily when its second dividend is announced..
HapSeng continues its ascent from RM3.26 to RM3.56 over a two weeks period
It has a dv of 10c going ex 3rd July.. 
If it can keep up the half yearly dv of 10c, share price could hit RM4

My position in Reits has made some decent gain with SunReit giving the best return at RM1.45
Waiting for PavReit to catch up from RM1.37
IGB Reit is a good buy at this range of RM1.22

Sunday, June 1, 2014

Earnings Season: Paramount

Paramount (nta 221, Q/Qeps 4.4/ 3.2/ 4.1/ 4.3/ 5.8 sen) latest Qeps at 5.8 sen is pretty good..
Did anyone realises that its shares price plunge from RM1.64 to RM1.48 on Friday but have since recovered to RM1.60 on Monday...
RM1.90 seems like a target price. Paying dv of 5.5 c gong ex on 11th June..
Guess everyone was watching the shares price plunges of and buying in YTL@ RM1.63, YTLP@ RM1.50, Padini @ RM1.90 and Hap Seng @ RM3.09...

Thursday, May 29, 2014

Earnings Season Again. L&G,HapSeng,KSL.TGuan

L&G (nta 076, Qeps3.3/ 1.7/ 3.9/ 4.1/ 3.2c) posted a fairly good quarterly profit of 3.2 sen and if sustainable over the next few quarters, could see its shares price ascending to 70 sen..
HapSeng (173, 4.9/ 9.7/ 7.0/ 7.2/ 6.3) declares a Qeps of 6.3sen and dv of 10 sen goimg ex. 3rd July. This dv is an increase over the previous two half yearly dv of 8 sen. Expect to see share price reaching RM3.60
KSL (349, 12.4/ 17.3/ 17.7/ -2.7/ 15.8) with such a fantastic result should see shares price aimimg at RM2.70 similar with Crescendo. Unfortunately KSL has no indication of payimg any dividend...
TGuan (281, 5.2/ 5.1/ 10.5/ 6.0/ 8.3c) saw its shares price up from RM2.20 to 2.29 on the release of ite amazing Qeps of 8.3 sen.. Target RM2.80 ??

Wednesday, May 28, 2014

Anomaly: IJM Plant cf. HS Plant

The shares pricing of these counters has bothered me quite a while:
IJM Plant (nta 172, Qeps 2.8/ 3.6/ 3.5/ 3.8/ 6.5sen) When assigned with a PE of  15 over the average of last two Qeps my fair value Fv would be 309
HS Plant (nta 239, Qeps 2.5/ 1.0/ 3.8/ 5.5/ 5.3sen) Fv 324 (assumed PE 15)
Swk Plant (nta 211, Qeps 2.7/ 0.5/ 5.7/ 5.4/ 6.4sen) Fv 354 (assumed PE 15)
Annual dividends of IJMP, HSP, SwkP is 7, 10 and 8 sen respectively.

Current share price of  IJMP is at RM 3.64 and is priced at PE = 364/20.6 = 18
Whereas current share price of HSP at RM 2.77 has a PE of 12
And SwkPlt at RM 2.67 carries a PE of 12.
Which tells me that HSP and SwkPlt share prices have a lot of catching up to do...

Monday, May 26, 2014

Maxis share price dips: Buy

Maxis shares price plunges from RM6.90 on downgrade by CIMB Research.
Any level below RM 6.70 is a good position to take for trading profits.
I'm buying in as Maxis will pay 16 sen dividend on 28th May..

Wednesday, April 23, 2014

KLCI at 1867 high.. Optimism Rules

Been busy doing some property investment and learning some new skills in metal welding and building renovation. Someday I would like to show my competence in welding simple window frames, door frames, steel doors and pet cages, LOL. No major skill, no intent to open a metal foundry (ha ha), just a fascination with how welding fuses two pieces of metal together, that's all...

My property investment is doing well although I must say I invested late after all the easy money has been made by property gurus. Nevertheless I'm pleased with the R.O.I. ranging between 100 to 300% on the capital outlay...

My stocks portfolio also has performed over the time I allowed it to remained virtually unmoved.
Top performer is Tambun purchased at 69c which has yielded a gain of almost 200% at market value of RM2.00
Next is HapSeng bought at RM1.70 now valued at RM3.15 with a gain of 86%
Third on the list is PJ Dev purchased at 98c with a market value of RM1.60 (unrealised profit 60%)
Then there's the 30% beyond gain performers like Scientex, Tomypak, the 20% profit gainers of MHC, Luxchem...
Not forgetting heavyweight blue chips (buy and forget) counters of DIGI, Maxis, Maybank which has regularly given me handsome dividends.. Yawn....

Notice the top three performers are related to the properties sector and that is where I'll be looking for another set of winners. I like Daiman, KSL, Tropicana, WCT, UOADev, TA
There are just too many companies I would like to take a position in but I'm down to 20% cash (80% invested). And I need cash to do short term trade, for daily profits or weekly gain...

I'm beginning to fancy REITS (SunReit, PavReit, CMMT, IGBReit) for their not-so-lofty pricing and their attractive dividend yields > 6%  and I opine that at current pricing, you can buy-and-forget these counters: Appropriate for people with no time to monitor stocks price movement and those who wants better yield than 3% bank FD rate...
For short to mid term, I trade Malton, L&G, TDM, Insas, Pantech, TA, WCT, KSL, TGuan, YTLwb

Saturday, April 19, 2014

Happy Easter ...