morivae what point are you actually trying to bring? As far as I know it is operating it business mainly at Sabah. They live in company office to work 24/7???

who are the non-controlling interest in their statement that eat into the profit?

cabut @ RM1.
26% of return including dividend^^

top line drop, but profit margin increase. If they are able to improve sales volume with current improved productivity will be good profit outlook

does Insas-PA entitle for the 1sen interim dividend?

does Insas-PA entitle for the 1sen interim dividend?

wondering what is driving YTL go so high despite this market condition. Anybody has insider news?

Anybody notice that sifu Koon Yew Yin actually own 6.72% of FLBHD shares... so confident with the company

from the peak now it dropped almost rm1, but luckily my cost is only 90sen

such a big cap with P/E only 9.5, some more healthy balance sheet with cash and land rich,

one thing to take notes from quarter result is YTL became even more cash rich than before...

yesterday intraday buy 2.66 and cabut 2.69 earn for chicken rice. Keep old share since RM1 for dividend play

have a look of FACBIND, not only NTA stock, the current price is even lower than net cash per share...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1901873

How come there are people willing to exercise warrant c at this price -.-

why lesser profit posted but more tax need to be paid?

anybody has idea, why the warrant is trading without premium?

wow, paper loss 40% already

how come the warrant is always trading without premium? though following the mother share trend but not rising as fast as mother share... weird

Even only the working cash (after deducting total liabilities) per share worth RM 1.66. FACB is totally a hidden gem waiting to be discovered

hmmm indeed both FACB and PMCORP business income is not impressive, but financially there is a major different. FACB is trading below it's cash per share value, but PMCORP is not. Although both company are cash rich, but if you are valuing them based on cash level, then FACB is undervalue, but PMCORP is not....

well this make the AGM very important to attend, we shall find out what is the company plan on this cash pile. If the company is not able to give me a satisfy answer I will sell immediately without any hesitation. But I had collected FACB in earlier stage which make this a gaining counter in my portfolio, will see how far it can go with this healthy balance sheet.

FACB is a substantial shareholder of Kbunai, if realy FACB is using the cash pile to bailout Kbunai, how come we do not see Kbunai any changes of shareholding? The debt settlement with Kbunai share is actually a good deal to FACB, as Kbunai is obviously not able to pay back the debt, do you want to treat it as bad debt? Or get something back which you can at least cash it on the market?

To Steven and speakup, if you have any evidence that FACB is lending money or supporting Kbunai with the company cash, show it to us but not keep on telling something based on your guessing only.

some bad news happened? Europe major market UK, Germany, France all open red...

partially unloaded 0.26, left with free share. I checked and calculated yesterday, now Marco has about 1.05 billion of outstanding share after warrant conversion, i.e. with PE of about 18x which I feel a bit over price for small cap company. Anyway left with free share for dividend will keep on observe what happen next. Happy trading

Any of you invest in this company? Can explain why and what is the prospect you think it has?

speakup may I know from where you got the information FACB loan its cash to Kbunai? My understanding is that the shareholding of Kbunai, was a debt -> share exchange deal. This debt should be business operation debt, most likely FACB supply dreamland mattress to Kbunai for their resort business, but Kbunai is not able to pay back the debt. Though this bad debt is anyway not a good deal, but I don't see any sign that FACB is giving loan with its cash to Kbunai anymore after this deal. If really this is the case, we shall really question the management in AGM what is their plan with this cash pile and ask them why giving loan to Kbunai after knowing their credibility issue.

speakup you are not entirely correct. Though FACB owns Kbunai's share, but Kbunai is not treated as an investment holding of FACB hence it is actually not affecting the P&L of FACB.

If you refer to the balance sheet, you will realize that Kbunai's share is classified as Available-for-sale investments under Non-current asset. Though as an asset Kbunai is not giving dividend or generating income for FACB, but it is better than just write the debt off as bad debt and FACB receive nothing from the it. Kbunai is still trading at 0.085-0.9 currently, meaning FACB can at least get back 15 millions if they cash out Kbunai.

I invested in FACB becoz of it's cash rich balance sheet. Although the recent quarter it posted an EPS of -0.47, but the accounting ratio is becoming more and more healthy.

Comparing with preceding quarter, FACB had a small increase in cash (1mil), but quite some decrease in liabilities (2mil), which ultimately result the net cash per share increased from 1.49 to 1.51.

In conclusion, buying FACB with net cash per share of 1.51 @ currently price 1.38, meaning you buy money at a discounted price of 10%. In addition, don't forget that FACB has a net current asset per share of 1.88. If you follow Benjamin Graham NCAV trading strategy, you have a investment safety margin of 27%.

so all the islamic fund has to sell ytl even though it has bright future outlook? crazy...

In balance sheet the current liabilities is drop by 200mil as well. As a result I will say this is a good result with strong earning and healthy balance sheet as presented.

any reason why this time johotin had to pay higher tax rate?

but i don't think it can drop to 1.4, if yes then i buy more

haha too bad it can't tahan 1.6...

as a company with strong fundamental, even market sentiment is bad there are still investor who understand the value of it ^^

just a reminder, net cash per share (cash after deducting all liabilities) is RM 1.49... and net current asset per share is above RM 2, so u decide your own TP

the reason i can think of i becoz they made loss in previous year 2011-2013, but the point is, they sold off their loss making business, and hold only the existing business which is generating profit. If Q2 and Q3 they can still show consistent EPS, then it prove that their business is on track already

http://klse.i3investor.com/servlets/fdnews/220140.jsp

So many telco company budget for CAPEX,

hmm, if we ignore the previous 3 quarters result (due to the fact that the profit came from disposal of subsidiaries/property), annualized the most recent quarter EPS 3.29 cents -> 13.16 (which will be the profit of continuing operation), resulting a PER ~ 9.

in addition of it strong and healthy financial position, do you still feel it is risky to invest long term in FACB? Its net cash per share = RM1.49

Dear Mr. Koon,

Thanks for your reply. Yes indeed the FCPO is up-trending, however I have this worry that FCPO up because of lower FFB harvest recently due to the fact that both Malaysia and Indonesia are currently suffering on dry season. I asked my Indonesian friends, they said even Indonesia also close to 1 month no rain already. Same thing happen in Malaysia, without rain, shan't we be cautious about the FFB production?

It could be a good time to long FCPO, but I am really worrying about plantation sector next quarter result. For plantation company, revenue = FFB x FCPO, in case FCPO increase, FFB drop, Revenue will not increase right?

Just my 2 senses, correct me if I am wrong.

However, one remisier told me that Kulim is one of the very few GLC which has pretty good management. This year poor result could be due to too much spending on CAPEX, buying NBPOL, PTwin and etc. Hopefully the CAPEX will make the business become more profitable in future.

Thanks & regards,
Chian Haw

hmmm, i found it weird. While most other plantation counter reported good profit due to the recent high FCPO, Kulim made loss... aiks...

Hi Mr. Koon,

Just realize you also own some Kulim. Kulim most recent quarterly result had shown a net loss figure despite the fact of climbing FCPO. While most of other plantation counter make good profit recently, will you continue on holding Kulim?

Thanks & regards,
Chian Haw

ambank give TP of 3.8 =.=
80% of gain...

PNB is the fool...

the price is still below the company net cash per share... perhaps some big institution eye on the company

Seriously why so many peoples said this is a negative cashflow company like RHB? from what i can see the company cashflow is positively increasing from previous quarter, wonder how RHB justify the negative cashflow...

sephiroth from where you got the negative cashflow? RHB also said the same. But according to what i saw in their quarterly result, the cash and cash equivalence increase from 7551 to 13676. What still say negative cashflow?

could this be the situation?

Anne and Ngu sold their shares to reduce their holding in the company so that public spread is higher.

But they ask somebody who is related to them (father mother brother sister son daughter or even friends) to buy at low. But when the good result release, the price shoot up. Double win for them.

Their friends and family got to buy the share at low and remain the share within the family, and at the same time increase the public spread of the share which fulfill the main board criteria...

anybody attended EGM got news wanna share?

sephiroth where do you get the info of RHB? if they are above 5% how come not announced?

Maybe we shall ask, has UMNO did anything right?

woah~, anybody know what happen with this counter? suddenly move so much, good announcement coming soon?