@Mark Goh - your analysis is very comprehensive......however I cannot agree that we capitalize the R&D.
Also, why did you make the tax assumptions as 14%......26%
I was told if the pioneer status is not granted, tax rate of 26% will kick in immediately.

AGM was very insightful....of course there were shareholders who were complaining to mgmt for being too conservative.
But overall, i like the mgmt for being very transparent and direct.

remember cockroach and rats.....must feedback to the mgmt at AGM!

they take money from the cash reserves....the reason is need to pay LTAT

Directors must goto JAIL!

what happens if delist?

game over!!!!!!!!!!

http://www.thestar.com.my/business/business-news/2017/05/26/china-automobile-parts-auditor-withdraws-opinion-on-audited-accounts/

Que at 0.88 and relax......AGM will be in KL

@shortinvestor77 -->600lots then i look forward to see you at AGM or at least your name in the Annual Report.

Knn

AGM gives good insights.....wait and watch

Dead wood.

Holland...RM8

@ Apollo Ang - knn....what is your point? RM7.5K not money meh?? that is the current market value, my investment is more than double of that.... RM7.5K or RM750 or RM75....it is still hard earn money....knn

I have 300K shares

Debt laden

This year no 10cents....it will be 8.5

Buy que at 88

Party is over, back to 8

Good KIP it up. Don't give up

@bsngpg I didn't mention MBB price....I said broader market will pull back (after last weeks run) and close down by 30pts this week!
Read carefully then comment.

CP Teh - pls recheck your chart for uchi past 3yrs...does not look right.

Optimistic outlook. Strong Financial position. Prudent mgmt. black n white report. Only cover page color. Never waste 10-20 pages doing photos and portraits of mgmt team.
Straight to the point and crisp clear on the business. No bull shit.

Next week market consolidate (pull back). I expect drop at least 30pts!

Read the annual report guys, don't sit here and speculate about LTH

LTH bought Uchi when it was less than RM1.2. Need to unlock the profit to pay dividends.
Value Cap is fast becoming substantial.

@Apollo Ang - if you want to recover your RM 1M loss this is the wrong place

Nice. Tortoise slow but steady.....wins the race.

@shortinvestor77 - i won't be here if I didn't own shares. If AGM in JB u will see me attend.

Must maintain at least 10cents divvy at any cost

Anything lower is very generous of the mgmt

DRP est RM8.25-RM8.35

OCBC exiting should not be taken lightly.....something negative I sense.

Management should be asked this question (pest control) at AGM. I will do so if I attend the AGM.
If I don't I hope someone does.
Having said that, this is a good income REIT if they give 6.5% in 2017 & 2018 as promised in prospectus.

I am just stating the obvious. If u go to KIP mart Tampoi u will see rats and roaches all over.

Knn

Billionchew - no one can tell if go RM3.6 or RM4 or even to RM2......go on speculatang.
My analysis tells me this is already overpriced. IV is RM2.2 the most RM2.5

@Apollo Ang - I don't know how to PLAY STOCKs....but I surely have the sense of knowing a good investment and owning a good business.
My analysis tells me that uchi is worth at least RM3.6 and I will hold it and never sells unless it hits RM3.6

Now that may take 10yrs or 20yrs I don't care...as long as I am benefitting I will hold

TP is 3.6

Knn

CP Ten. Let's meet up

Ricky, very good article, like your style of writing. ...keep it up and ignore some "mean" comments here to condemn.
I totally agree that cost of capital must be considered into the growth story.

OCBC disposed....the properties have too many pest (rats and cockroaches)

@ Mushimushi i am not sure how you measure the size of a bank if not be asset or market cap.
even if you consider revenue or profit, Maybank is not the BIGGEST in ASEAN - so you fact is not correct.

While i have full confidence in corp Malaysia and Maybank in particular, I will not pass sweeping statement about something that I have not facts about.

Your statements about Singapore and DBS again shows that you do not speak with facts. "Singapore economy soon to collapse"

DBS reported net profit of $4.36B from total income of $11B vs Maybank's net profit of RM6.96B from total operating income of RM26.3B in 2016.
Which is bigger? FYI now $1 = RM3


I am beginning to wonder who is the real Sohai here?

About Public Bank vs Maybank
Public Bank's NIM = 54.5% , NPL <2% and Cost to Income is much better than Maybank.
It's more efficient and has been consistent in past 50yrs --- this is what made it attractive to investors to chase the price up and keep it up!

Public Bank RoE of 15.8%, it implies that Public Bank generates around MYR15.80 on every MYR100 of shareholder capital invested in the bank. While Maybank’s RoE is at 9.8% only.


Go and understand these important facts and figures first before you blabber here and condemn people.

@ mushimushi - your facts are inaccurate. Maybank is the 3rd or 4rd in ASEAN; behind the Banking Trio of Singapore (DBS, OCBC and UOB)
But having said that, you are right that even at RM9 it is UNDERVALUED.

Intrinsic Value = Rm13.6

@ bilionchew - of course i am out :)

@ Dolly_Chai2 - you got that right......

Stanley, firstly thank you for contributing and sharing. I am sure you put in a lot of hours and hard work.
However, take my feedback possibly. Do not be defensive. If your charting is with the adjustments and some assumptions just stare it so the reader is clear about what your saying.

Keep it up.