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

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

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

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 %

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

Dividend Stocks Payout

THP 12.5 sen 28th April
PPB 18 sen ex. 20th May
TM 13.1 sen ex. 24th May
TDM 13.5 sen ex. 25th May + 3 sen same date
Esso 14 sen ex. 30th May
DIGI 43 sen ex. 19th May

USD weakens

AUD at 3.22 high, SGD above 2.4, Gold reaching new high of 1,500 while USD plunges 3.00
MYR has appreciated slightly against USD but is losing ground to AUD and SGD.
Properties relatively will be cheaper for the droves of Singaporean hunting real estates in Malaysia..

I & P (Bandar Kinrara)
Q'aseh Superlink Homes priced from RM 945k to 1794k
Land area = 24' x 80' = 1920sf. BU = 2799sf.
Price at psf basis = RM 492 psf land and RM 337 psf of built-up area
Reasonably cheaper than the current RM 400 - 600 psf of condo pricing

Hap Seng Consolidated. A Relook

Hap Seng Cons. share price has dropped to low of 6.16 and is deemed attractively cheap wrt. dividend yield, (with 22 sen due in May pending announcement of ex. date, bonus shares and thereafter RI @ RM1.46 + free warrants). Ex. price after the exercise should be around RM1.96

Assume simply for comparison:
Current price RM6.18/3 = RM2.06
Typical dv 7c + 6c = 13c tax exempted (13/206 = 6.3 % dy)

Contrast:
THP dv 12.5c/217
TDM dv 13.5c/290
HSP dv 13c/290

Wall St flat as S&P faces strong resistance

NEW YORK (Reuters) - The S&P 500 met tough overhead resistance on Monday as traders saw little reason to push up stock prices in the face of lingering geopolitical uncertainties that have weighed on equities recently.

The benchmark S&P 500 hovered near 1,333, a level it has been unable to close above since mid-February. That level is double the 12-year low hit in March 2009 and is not far from 1,344, the S&P's 2011 high and its highest since June 2008.

"We have a lot of resistance right above and at the moment not enough reason to push through that resistance," said Frank Lesh, an analyst and broker at FuturePath Trading in Chicago. "Overall, the market is performing quite well and we're holding in here."

The lack of significant economic data on Monday, nuclear and other quake-related problems in Japan and unrest in Libya, Syria and other countries in the oil-rich region of North Africa and the Middle East could translate into low volume on Wall Street.

Last week was the lowest in volume so far in 2011. By Edward Krudy

Good rebound for selective stocks

Selective stocks staged a rebound with gain of 15% and beyond. I'm happy for those who accumulated those stocks for past two weeks. Well done..!

Selling GenM- half of holdings on news of GenM acquiring AK gaming business Pan Malaysia. To sell another batch of GenM @ RM4.20 range
Reduce substantially my holdings of THPlant and TDM on news of only 13.5 sen dividend (13.5/190 = 4.6%) expected for TDM.
For day trade: MEGB, IRCB.

Glomac recently announced its earning. Pretty impressive Qeps 5.6sen. Fv = RM 2.10 (nta 201, Q/Q eps 4/ 4/ 5/ 5/ 5.6) Expect a 4.5 sen dividend in May. Div yield approx 4.6% (8.5/185)