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

Sunday, May 29, 2011

Earnings.Maxis.TM.GenM.Boustead.HSP.HSC.TDM

Maxis latest Qeps = 7.2 sen (nta 115, Q/Q 7/ 7/ 8/ 8/ 7.2 ) Q/Q flat. Declares 8 + 8 sen going ex. 13rd and 20th June. Good buy for dividend
TM latest Qeps = 4.6 sen (nta 221, Q/Q 7/ 4/ 12/ 12/ 4.6) Disappointing earnings, guess UniFi hasn't produces the result it intended yet. Recently paid 29 sen + dv 13 sen. Hold & accumulate on price weakness.
GenM latest = 7.4 sen (nta 206, QQ 5/ 5/ 6/ 6/ 7.4) Q/Q up
Boustead latest = 11.9 sen (nta 449, QQ 10/ 16/ 10/ 22/ 11.9) Declares dv 5 sen
HSPlant latest = 7.9 sen (nta 227 QQ 5/ 4/ 5/ 7/ 7.2) Declares dv 7 sen
Hap Seng Cons. finally declares dv 20.4 sen going ex. 9th June
TDM latest = 12.7 sen (nta 334 QQ 9/ 6/ 13/ 15/ 12.7) Recently paid 13.5 + 3 sen

Thursday, May 12, 2011

Earnings. Supermax. MBB. MHC.

Supermax latest Qeps dip to 7.2 sen (nta 208, Q/Q 14/ 11/ 10/ 7) Fv 370. Now trading at RM3.90 w/ PE 11
Maybank latest Qeps 15.6 sen ( nta 408, Q/Q eps 14/ 13/ 14/ 16/ 15 ) Fv 570. Now at RM8.74 w/ PE 15. Previous dv 44 + 28 sen gives an annual yield of 8 %
MHC Plant Qeps 8.9 sen ( nta 301, Q/Q 3.6/ 3.7/ 14.9/ 6.9/ 8.9 ) Fv 300... Announces 2 bonus shares for every 3 exist. plus final dv 3.35 sen

Stocks to watch: ECM, E & O, Kian Joo
Hap Seng Cons fixes 43.8 million shares for private placement at RM5.25 per share (10% off RM5.83) raising approx RM230m. Share price slump to low of RM5.55

Wednesday, May 11, 2011

News brief: US stocks

US stocks decline, led by energy companies and metal producers. Oil prices slid nearly 3 % to USD 101. Metal prices slump with copper losing 2.4 % and silver 4.8% while gold price dropped to USD1,500
Malaysian local time 11.33 pm

Tuesday, May 10, 2011

Dividend stocks. TM. B Toto. Maxis. DiGi

TM has finally announced the date for the capital repayment of 29 sen in additional to the dividend going ex. on 24th May. I missed TM at 3.86 to 4.00 range due to my busy schedule so I guess I'll have to accumulate TM at the current price of RM4.10
I still think it's not too pricey to accumulate at this level considering TM will pay out 29 sen + 13 sen + 13 sen (total of 55 sen) in 2011. Annual dv yield = 26 sen / (410 - 29) = 6.8 %

Compare this, if you will with gaming counter B. Toto at price RM4.14 (dv 8 + 8 + 4 + 6 = 26 sen) with annual dv yield of 6.3 % and you get the drift.

Another telco Maxis (dv 8 + 8 + 8 + 8 + 8 special = 40 sen) is also quite attractive at current price RM5.35
Typical dv yield = 32 sen / 535 = 6 %
Telco Digi has paid enormous annual dv of 198 sen and 178 sen for the last two years since I bought in at RM22. At current price of RM29, typical dv 43 sen per quarter will yield 5.9 %

Wednesday, May 4, 2011

Gold Investment Account. Gold Coin

AUD, SGD retracing along with price slide in oil, silver and gold...
Those who're contemplating on investing in gold can do so by opening a gold investment account with the following banks with their respective sell and buy back prices:
CIMB RM 1,485 / 1,442 (sell/buy spread = 1485/1442 = 3 %)
MBB RM 1,489 / 1,428 (ditto = 4.3 %)
PBB RM 1,493 / 1,435 (ditto = 4 %)

Or take up physical 1 oz (31.1 gm) gold coin with sell/ buy prices:
UOB Gold Maple Leaf at RM 4,751 / RM 4,566 (spread = 4.1 %)
Make sure your coin is embossed 9999 purity ( four 9, not 999)
MBB Kijang Gold at RM 4,813 sell / RM 4,646 buy back (ditto = 4 %)
A good entry point is when gold spot price goes below USD 1,500/oz