KLCI hovers below 1500: Very Bearish

 From May to Aug 2022, KLCI tops 1600 in mid May, plunges to 1420 in mid July and since has recovered to 1500. World economy is in shambles, liquidity crunching, sentiments are bad with inflation spiraling up due to geopolitical tensions and technically puts the world in a recession.

Stock prices have come off the highest from May and I have sold off all my holdings, IOI Corp, MHC, Sarawak Plant in the palm oil plantation sector. 

Maxis recent posted quarterly earning, Qeps of 4.2sen (Qeps/eps 4.3/4.6/4.2/3.7/3.8/4.2) seems to indicate consistent results. DIGI Qeps meanwhile was 2.8 sen (Qeps 3.4/3.6/4.0/3.9/3.0/2.8). Both declared dv 5 sen and 2.8 sen respectively going ex. by month end. Stock prices stood at 3.70 for Maxis and 3.60 for DIGI

CLMT stock price at RM0.57 (nta 1.10, Qeps 0.4/0.5/0.1/-2.4/1.0/1.1) declared dv 1.95sen going ex, 12th Aug. It is unclear whether earnings can be sustained given the tough environments that REITS are going through in the present. YTL reits closed at RM0.96  (nta 1.62, Qeps 0.0/5.6/0.9/0.1/0.0/4.8) declared a dv 2.07sen ex. on 12th

Scientex price plunges to RM3.40 (nta 1.96, Qeps 7.2/7.1/9.2/6.6/6.0/5.7) on worries of diminishing earning affected by rising cost of raw materials in their plastic packaging film production and their property developments in Johor.

Very bearish on the Malaysian stock market. Nothing really worth buying as most stocks seems so pricey, overvalued and risky. Don't listen to any analysts calling for a BUY & HOLD on any stocks.

Many people are holding cash (liquidity) and are fearful of the stock markets. Others are just holding their cash to ride out the uncertainties and their expenses in this liquidity crunch. Keep cash (liquidity) in hand, always.

KLCI dips below 1800. Recent Trades

Sold some shares of KSL at RM2.35 and on announcement of quaterly earning, the shares price plunged close to RM2 before slowly ascending to 2.15
Sold Tambun shares heavily at RM1.93 before it slid to 1.73
Shares price today recovers to 1.87

Accumulate IGB Reit shares at RM1.32 to sell from 1.34 to 1.36
Accumulating shares of YTL Reit

Collects dividend from IGBReit, YTLReit, HSPlant, SwkPlant and Kulim Plantations

KLCI above 1800: Recent Trades

Recent trades:

Sold completely shares of CMMT  Reit  with respectable profit.

A friend CP made about RM 6,000 profit on CMMT. Wow, well done..

IGB Reit dv 3.9c going ex. on 10th Feb

YTL Reit eased 2c to RM 1.03

Traded DIGI between RM6.40 and 6.60

DIGI has a dv of 7.2c going ex. on 25 Feb.

Maybank shares price didn't slide to the price range I anticipated..

KSL making its move again, from RM 2.04 to 2.15

Tambun still at RM 1.94 

KLCI Recovers to 1800. Selling Into Strength

Maybank shares price recovers to RM 9..
Profitable trade as all shares were purchased between 8.40 to 8.83

Recent trades:
Sold Insas at 92 sen (plunge to 84 sen today after going ex.).. to wait and see if it goes to 80c/76c range
Sold L&G.. I think it may do a 58 sen hit..
Sold ThongGuan Industry ...

Trading Tambun shares between RM1.50 and 1.80 with KSL (after 1:1 bonus issues) ranging from RM1.80 to 2.10 ... Love the big moves they make...

Switching from telcos to REITS has pay off..
CMMT is currently traded at RM1.56 (accumulated 1.39 to 1.43) with a 4c dv by month end

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,

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%

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 ??

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

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

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...

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 ??

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...

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..

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

KLCI supported at 1803. Earning season again in Nov

KLCI slid but remain supported at 1803.
Stock companies are expected to release their quarterly earnings in the next week or two and will provide fresh catalyst for shares price movement.. A game of anticipation is on the way....

Recent profitable trades : -
Daiman, E&O, HapSeng, KSL, Luxchem,
Maxis, Pantech, Paramon, PJ Dev, Scientex, Supermax,
TA, TDM, YTLPwb
Likes Daiman, HapSeng. KSL, Luxchem, PJDev, TA

Recent unprofitable trades : -
IGBReits, Ivory, Johotin, MKLand, Tropicana

My watchlist : -
TA, TAGB, Insas, YTLPwb

Earnings again. KLCI recovering.....

KLCI recovers from last week low of 1660 to close at 1727 this Friday..
Good recovery and stocks that attracted my attention are Johor- related stocks, viz., Daiman, KSL, Scientex and other stocks like Tambun, E&O, TM, Maxis and Maybank.

Recent earnings declared:
Hap Seng (nta 163, Q/Qeps 4.7/ 5.2/ 5.8/ 4.9/ 9.7)
HapSeng Has increased their dv payout every half yearly from 4.5c to 6c and recent was 8c
Pays decent dv > 6%
HS Plant (235, 3.9/ 4.5/ 3.7/ 2.5/ 1.0) declares a 3c dv going ex. 30 Aug
Earnings of plantation stocks in general still remain weak

Tambun (076, 3.8/ 3.5/ 3.6/ 3.8/ 4.5) paid a 3.3c dv ex. 27th inst
TomyPak (099, 5/ 4/ 3.6/ 3.2/ 3.2) declares 2c dv going ex. 13 Sept
Tomypak pays 2c every quarter
Paramon (209. 4.4/ 4.4/ 4.0/ 4.4/ 3.2) declares a 2.5c going ex. 6 Sept
Luxchem (107, 4.4/ 3.1/ 4.6/ 3.5/ 3.8) declares a 3c dv going ex. 5 Sept
Pays decent dividend yield > 6% +

Maybank (512, 18.6/ 19.1/ 17.3/ 17.9/ 18.2) plans to pay 22.5c dv
Dv payout has decreased from 33c..
TM (191, 9.7/ 8.4/ 10.2/ 6/ 6) declares a 9.8c dv going ex. 10 Sept
Dv payout remains..
Daiman (489, 4.9/ 4.8/ 5.5/ 14.8/ 7.5) declares a 12c dv going ex. 5 Dec
KSL (316, 6.5/ 11/ 10/ 12.4/ 17.3)
Scientex (272, 10.9/ 11.6/ 11.9/ 13.7)
Why is KSL at RM 2 while Scientex is hovering in the RM 5 range..?

Earnings Earnings Earnings. KLCI surges to 1776

UEML (nta 128, Qeps 1.3/ 2.5/ 2/ 4.7/ 4.9) Dv 3c going ex.23rd Jun
E&O (nta 126, Qeps 3.8/ 2.7/ 3.2/ 2.4/ 3.4) *** Expect to pay dv 4.5c
MahSing (153, 7.2/7.1/ 6.6/ 6.6/ 7.9)
Hua Yang (169, 9.1/ 11.4/ 15.2/ 10.0/ 8.6) Expect to pay dv 8.2c
Daiman (481, 7.1/ 4.9/ 4.8/ 5.5/ 14.8) ***
Tropicana (254, 2.7/ 8.4/ 12.5/ 8.3/ 5.5) ***
PJDev (208, 2.3/ 3.5/ 1.5/ 3.8/ 3.5) ***
Asas (215, 4.8/ 6.3/ 2.8/ 0.4/ 2.8) Dv 5c going ex. 1st July

TomyPak (098, 3.2/ 5/ 4/ 3.6/ 3.2) Dv 2c going ex.11th Jun
Johotin (173, 5.2/ 7.5/ 11.1/ 7.4/ 6 ) Dv 4.2c ging ex.3rd July
KJC (219, 6.1/ 4.1/ 6.2/ 10/ 6.9) Dv 6.25c going ex.20th Jun14

MPHB (249, 5.9/ 9.4/ 5.2/ 3.5/ 10.5) Dv 5c going ex.25th Jun
MBB (514, 17.6/ 18.6/ 19.1/ 17.3/17.9)
Boustead (453, 14/ 4.2/ 7.5/ 14.6/ 9.7) Dv 7.5c
Kulim (339, 5.6/ 163/ 5/ -103, 27.5)
TDM (517, 7.5/ 3.9/ 16.2/ 14/ 5.8) Paid dv 22c on 27th May

Happy investing ...

Another stock to load your portfolio

Here's another stock you should load into your portfolio:-

Paramount (207, 4/ 4.4/ 4.4/ 4) Paying a dv 5c on 11th Jun
Annual dv 3c + 5c = 8 sen, dv yield 8/160 = 5 % reasonable > FD
Limited downside, expect it to take RM1.80 in near future..

22nd May- Latest Qeps is 4.4c
Share price did surge to RM1.78 recently but has settled to 1.71 under selling presure in the last two days

What To Buy (Amongst Others) If Our Market Plunges...

Made some profit on past weeks trading GenM, Maybank, SPSetia, HapSeng.. Missed out on some active counters cos' I was super busy for past months studying some other investment instruments..
Still, stocks remain my passion due to its liquidity and trading ease..

Some of the counters that I was lookin at in the previous weeks:
MPHB (239, 5.9/ 9.4/ 5.2/ 3.5) Paid a 5c dv
HapSeng (161, 3.9/ 4.7/ 5.2/ 5.8) Paid a 6c dv
HSPlant (236, 5.4/ 3.9/ 4.5/ 3.7) Paid a 5c dv
TomyPak (095, 3.2/ 5/ 3.9/ 3.6) Paid a 2c dv
Luxchem (105, 4.9/ 4.4/ 3.1/ 4.5) Dv of 5c going ex on 29th May

YTL (125, 3.9/ 2.9/ 4/ 2.5)
PJDev (203, 2.8/ 2.3/ 3.5/ 1.5)
SPSetia (201, 4/ 4.9/ 5.2/ 6.3) Paid a 9c dv
MahSing (141, 4.9/ 7.2/ 7.2/ 6.6)
UOADev (165, 12/ 3/ 9/ 6.8/5.6) Paid a 12c dv
E&O (122, 3.8/ 2.7/ 3.2/ 2.4)
Dijaya (260, 2.7/ 8.4/ 12.6/ 8.3)
Ivory (082, 1.9/ 7.2/ 0.4/ 0)
Tambun (072, 4.1/ 3.8/ 3.5/ 3.6) Paid 3.3c dv
B'stead (450, 18.6/ 3.9/ 4.2/ 7.5/ 14) Paid a 7.5c dv

Maxis (097, 12/ 7.6/ 6.2/ 5.9/ 5) Paid a 8c dv last mth. Another 8c ex. 14th May
DIGI (03, 4/ 4/ 4/ 3.2) Paid a 2.5c dv
TM (183, 16.7/ 7/ 9.7/ 8.4/ 10.2) Expecting a dv of 12.2c
GenM (232, 4.8/ 8.8/ 3.4/ 7.9) Expecting a dv of 5c
Maybank (500/ 17.6/ 18.6/ 19.1/ 17.3) Expecting a dv of 33c

TDM (503, 7.5/ 3.9/ 16.2/ 14) making large move today, from RM4.2 to RM4.50
Declaring a 22c dv with proposed bonus issue 1:5 and shares split division of 1 into 5 shares of 20sens each.

 

DIGI. What's up.?

DIGI making big moves these few days, from 4.90 to 5.30 ...
There has been talk on capital repayment of putting RM509m + RM495m back into the shareholder's pocket but the exercise date has yet to be determined ..
Dividing the amount over 7,775m shares, that works out 6.5 sen + 6.4 sen

Coupled with the estimated regular dv of 6sen x 4 quarters = 24 sen, the whole thing amounts to 37 sen
Yield = 37 / 530 = 7 percent
Analysts are generally positive on DIGI growth prospect and earnings despite intense competition.

Let's watch other telcos ...