Huat arr..

Can break 2 ???

Sure can break new high. Hidden gem ( diam diam ubi !!! ).

Director Huat try to scare small fry outlah.

Sure up lagi. Huat huat all the ........................way.

Hi Steve, Thanks alot. :).

Have bought since 3Q 2012. 1 share split & 1 bonus issue. What next coming...Huat aar...

Fantastic!!!

Huat Huat!!!!!

Based on last year annual report financial statement: a 10% strengthening of the USD would have increase profit before taxation by RM 2.927 million. Wow!!!!

Prlexus and Super have RMB business.

100% agrees.

CCCL stock pick: Prlexus,Pohuat,SHH,Eksons,HIL,Fiamma & Super.

Put some money or invest in RMB.

Hi Icon8888, do you think this round have CNY rally. Hot stocks - export oriented. Huat aarrrrrrr.

Both USD and RMB appreciation enhance next Q profit...

No news is good news :)

Careplus.

Oledi got 2 sen dividen, now share up. Coming 3 sen dividen. Huat ar.........

2015 Huat Huat for furnitures counters. Got dividen already. Share price up up...

Huat Huat Poh Huat...

161 sudah dekat...

Icon8888, noted with thanks.

Gloves counter.

SHH ( furniture) ,Prolexus & Magni( Garment )

Icon8888, thanks. We look forward to those counters with forex exposure.

Sorry no Cold eye only LPT. Thanks.

Hi Icon8888, can you take a look at Eksons. LPT the director of Pohuat have some shares there and so do Cold eye. Thanks.

No worry. 2015 the year for counters with foreign currency earnings to shine. Wishing ALL Happy New Year. Cheers!!!!

Can reach RM1.65 before Kong Hei Fatt Choy!!!!

Bonus issue ex-date 29th Dec, :)

Me previously in Surabaya, now in Shanghai.

Normal. Those fund invested at O&G will be diverted to other non oil related counters. So hold tight!!! enjoy the roller coaster...

Special Dividen coming ???

"Sifu" : Cold Eye’s 5 yardsticks for investment
Author: Intelligent Investor | Publish date: Fri, 13 Jun 12:39
________________________________________
Cold Eye listed 5 important criteria on his talk on 16-March-2013.
1. Return on Equity (ROE)
2. Cash Flow from Operations (OCF) and Free Cash Flow (FCF)
3. Price-Earning Ratio (P/E)
4. Dividend Yield (DY)
5. Net Tangible Asset (NTA) per share

Return on Equity (ROE)
• Investor want to have a reasonable return from the capital for the equity put in.
• The return rate depend on the business risk.
• You would want to have a risk that higher than a risk free rate. Says, bank FD provide interest rate of 4%, you will target for a min return say 10%-15% (6% - 11% above FD rate) for the risk you take.
• [Note]: There is some issues and pitfall on ROE, do perform DuPont analysis on the ROE, or alternately I prefer to use ROIC.

Cash Flow
• Business owner would expect debtors pay you promptly and you don;t have to stock up a lot of inventories which tied up your capital.
• Else, you have to put in more capital each year even you make one.
• Do expect the hard cash received must be about the earnings each year.
• For each year, the business need capex to keep it going (so the owner can ear more in future) - e.g. buy more/relenish equipment, buy/open more shops.
• It would be good if the capex can be met with the cash I receveid from operations and owner no need to come up with more money.
• It will be fantastic if there is still leftover money to draw out (diviend), or the company can have extra money to invest in other lucrative business.
• Check
o Average OCF same as reported earnigns over the years?
o Is FCF in genral positive over the years?
o Is the average FCF >= 5% of Revenue?
• [Note]: You may want to read more on Cash Flow Statement Analaysis.

Price-Earning Ratio (P/E)
• A business might not be a right investment if price is nor right. If you buy a business with good ROE (say 30%) on P/E of 33 will only give you a earnings yield of only 3%.
• If the yield is less than FD, you may want to put the money to bank to earn risk free return.
• The prowess in investing is not knowing how to buying great companies at any price, but good companies at a cheap price.
• We should look for company < 10 or < 15 (good company with growth prospect)
• [Note]: P/E will ignore the debt an cash on the balance sheet. EV and EBIT is a good alternative if an investor want to take care on this item.

Dividend Yield (DY)
• How nice if my bussiness can have extra cash (FCF) after CAPEX investment and the left over money send back to owner as Dividend. (You may want to read more on Cash Flow Statement Analaysis.)
• This way, the owner can have additional money to spend while the business is still growing and the dividend is likely ti increase in the future.
• DY = Dividend per Share for a Year / Stock Price
• It could be a good investment if DY > FD rate.

Net Tangible Asset (NTA) per share
• Investor can recoup the initial investment if the NTA worth more than what he put in.
• If the NTA per share > stock price, you may be in for a bargain.
• More valuable (e.g. hard cash, property, land) asset is better.
• Receiveables - debtors might not want to pay me.
• Inventories - it may be outdated.
• Some business (e.g. service industry) where the important assets is not tangible e.g. its technology, brand name, people......
• [Note]: This is align with Benjamin Graham Net Net & Negative Enterprise Value.

Fong Siling. http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/D292356ADDB39D6C48257D94000BC072/$File/PRLEXUS%20-AnnualReport2014.pdf

EGM on 10 Dec for the go ahead. Date of entitlement to be decided later. Guess Bonus ex-date around end Dec . AGM also on 10th Dec to approve the dividen payment of 3.5cts ,ex-date 12th Dec. Maybe ....qtr report around the corner ....expecting good result !!!

Cold eye's no.16 largest shareholders as at 31st Oct 2014. Me ha..ha.. no. <50 :)

eksons, hil, shh & super : net net stocks!

all good news !!!! ( div 3.5cts + bonus + expecting good Q1).

Moving up slow but steady.

Huat-lah dividen again.

Hi Calvin, c u here!

2 for 5 bonus :)

3.5 sen dividen :)

Thanks Calvin. Same like you. I move some to Prlexus and now bought back some. Hope coming Q result better than expected. They export thin plywood, strong dollar may helps bottomline. Plus one off gain from property sale. Btw, never have chance to attend AGM bcoz of oversea job.

Calvin, Eksons have tons of cash, but not willing to distribute back to shareholders. Have kept this stock for more than 4 years. Wonder any suprise coming after they dispose off a big chunck of property in Sri Kembangan.

Hi Calvin, thanks in advance. How about those stocks like Super, SHH, Fiamma,HIL and Eksons which are still below their NTA. Have seen their NTA rising year by year.

Buy Call..

becareful director disposed 800lots in just 2 days.