I think Monday maybe will fall in price.

http://biz.sinchew.com.my/node/99889

Correct !

thanks , assaji.

Friday, August 08, 2014
Guocoland, No Brainer

This is a no brainer but as with most value traps, its best to ignore them unless there are catalysts. However, there are reasons to believe the wheels have started with Guocoland which will make them a fantastic short to medium term hold. Bearing in mind the RNAV is closer to RM6.00.

Reasons/Catalysts

a) It appears Quek is on his way to restructure many of his companies. He did it with Narra/cement, and there are whispers that Southern Steel will follow after Guocoland.

b) The botched privatisation of HLG Capital thwarted by Dr Yu of YNH Property would lend a lot of credence to the belief that if Quek wants to do a privatisation this time, it would not be a half wait and see tactic. The last thing he wants is another Dr Yu into the fray in his quest to take Guocoland private.

c) Even more than HLG Capital, Guocoland is all the more important for it to be taken private with its resplendent landbank and deep uncorked value.

d) So, either you do smthg quickly, ... you do not want to be wishy washy and make a low offer, or worse,.. no offer... all the while when you can see someone is playing or accumulating your stock.

For me, I will buy b4 realty come true.

below rm1.70.

It seem like SHL pattern to grow.

Press Metal FY14 PE(X) : 5.97 !

http://klse.i3investor.com/blogs/rhb/57300.jsp

RNAV of RM5.89 and assume a steep 50% discount
(higher than our average discount applied on developers of 31%)

to derive a TP of RM2.95.

Kenangan recommend that investors buy on weakness as we strongly believe that Guocoland is undervalued !

Noted.

Agreed to collect GUOCO below rm1.70.

Thx,
my uncle adviced me not to buy warrant , Buy Pmetal.

http://www.theedgemalaysia.com/business-news/301826-dayas-us180-mil-vessel-deal-to-go-into-arbitration.html

今天可能会大起！

Today maybe will bullish exceed rm2.50.

Patient, is juz a matter of time to grow.

Price correction.
Cannot always up and up.
Bursa akan beri amaran nanti.
Buy when Price correction.

Call warrant too dangerous to play.
I m not dare to do so.

Really worth to collect BPLANT !
I keep 10 lots in hand. my treasure stock !

Boustead Plantations@ realised net asset value (RNAV) of RM3.08 a share.

1. It is one of largest listed oil palm planters in Malaysia with 71,000 ha of oil palm planted area spread across Peninsular Malaysia (38%), Sabah (37%) and Sarawak (25%).
1.1The average tree age profile of about 14-years and its estate performance (ex-Sarawak) is on
par with national average.

2. Maybank IB Research said Boustead Plantations had 11,000ha of strategic estates in Selangor,
Johor, Penang, Kedah and Perak that were ripe for property development.
2.1Estimate that these landshave a market value of MYR2.96b, which exceeds Boustead
Plantations’s market capitalisation of about RM2.5bil.
2.2 Investors are getting its plantation estates for free.

3. Boustead Plantations plans to increase its planted area by 20,000ha (+28%) in five years, backed
by its estimated low net gearing of 11% post listing.
3.1 Even without new acquisitions or estate divestments,
estimate BPLANT will enjoy 32% core net profit CAGR over 2013-2016.

4. BPLANT was trading at an attractive enterprise value per planted ha of RM41,000 even without
adjusting for its property development potential.

5. Maybank IB estimate RNAV@ RM3.08 a share but TP at RM2.16 a share by
attaching a 50% discount to its land value.

之前有消息指派红股事件是从公司传出,
但不确定因为高层还没开大会。
希望来临的8,9月里会有正式消息公布。

无风不起浪@Bonus issue@Pmetal.

只有高程如CEO,MD,MANAGERS通过大会议程，
才能有最终决定。

关于Pmetal是否有意propose bonus issue in future@2014
这是有可能发生的事。

what run, anytime will bullish .

For me, I will keep and hold.

我认为Mflour可能超过RM2.70,
这个8月敢敢去到RM3.00 !

总觉得，不久就没机会买入RM6.00@PMETAL以下了（ 个人看法）

http://klse.i3investor.com/blogs/kltrader/57030.jsp

Malayan Flour Mills - Flourishing ASEAN consumer play

Author: kltrader | Publish date: Tue, 5 Aug 09:05

An upcoming ASEAN consumer play with flour business in Malaysia, Vietnam and Indonesia.

Project 2-year net profit CAGR of 20% on tumbling grain prices.

We fairly value the stock at MYR2.70 (15x FY15 PER).
Growth, yield, low valuation – all in one bag

Malayan Flour Mills Berhad (MFlour) has business operations in both flour production and poultry farming, with a strong market positioning. As a flour producer, it is Malaysia’s second largest and Vietnam’s biggest. In FY13 (Dec), Vietnam accounted for 26% of Group’s revenue and we expect its regional earnings to grow with its first flour mill in Indonesia commencing in 3Q14.

MFlour is a beneficiary of the falling grain prices. Grain prices have been on a free fall since May 2014 (wheat: -29% since May, corn: - 30% soybean: -16%) and the supply outlook is pointing towards sustainably low prices. With wheat making up 80-90% of its flour production cost and corn/soybean making up the bulk of its poultry cost, we expect margin expansion to boost its earnings.

We project a 2-year net profit CAGR of 20% on a 2-year revenue CAGR of 5% and margin improvement of 1.8-ppt in FY14-15 (from FY13). Trading at 11.4x FY15 basic EPS and 13.6x on a fully diluted basis, we think the valuation is undemanding, compared to its bigger cap peers (PPB Group: 17x, QL Resources: 21x). The stock also offers high net dividend yields of 4.3-4.8% at sustained FY13 54% DPR. We fairly value the stock at MYR2.70, based on 15x FY15 PER (on basic EPS). The stock is Shariah compliant.

Source: Maybank Research - 5 Aug 2014

My TP August RM2.60@TMAKMUR.

I bought it b4 good news announce. cheer !

I think will drop also next day. Gagal dalam OG business.

I hope so too.

mean, Price correction yesterday.

GO TO MOTHER@PMETAL.

I miss at rm5.81 today. Tak sempat beli at 9:00 a.m.

http://www.theedgemalaysia.com/business-news/301398-falling-grain-price-augurs-well-for-malayan-flour-mills.html

Harga aluminium global ada naik turun.
Ambil kesempatan apabila harga global turun.
buy on weak.

watch and see first this stock. jangan sentuh dulu.

Price correction since already go up 3 days berturut-turut fr 31.7.2014 to 4.8.2014.
Healthy correction.
Inilah permainan saham.
If price keep going up, less peoples will buy,
If price go down, more peoples will collect.

Maybe will rebound near rm6.10 last 30 minutes fr now.

Hold it. bro sis !

I think take profit first today.

Be prepare last 30 minutes right now.

Patient, is juz a matter of time for MITRA to bullish.

In latest RHB cover report @PMETAL:

on page 4/16 :
Figure 6: Earnings sensitivity to aluminium price movements


on page 6/16:
Figure 8: LME spot prices and US Midwest premiums (2005-YTD)
Value-added to boost margins


on page 7/16:
Earnings set to surge in coming quarters
Figure 10: Press Metal’s quarterly earnings and aluminium price movement.


on page 11/16 : Financial Exhibits
Earnings are expected to surge in FY14.
Compare the Reported net profit.


Read These 4 pages ( page 4 , page 6, page 7 , & page 11/ 16 ).

Start fr 2014 until 2015 are excited period@PMETAL.

It seem to continue the uptrend in this week.
Buy & Hold for my opinion.

Impreza, told baik-baik !
Pmetal is a good share.

I added 1 lot this morning and will add more 2 lots@ Pmetal.
Hope to collect 8 lots@Pmetal.
Once is really exceed RM6.10 above, then price will stable there.

wah , near to RM6.00 !
really get shock juz now !

Almost 2 month DELEUM price ran at around RM2.40.
Hope Technical will rebound suddenly in AUGUST !

I believe TAGB will go up to RM0.50 in AUGUST. ( personal opinion only )

（摘至十面埋伏）

1. 计划在未来1年，推出发展总值（GDV）达20亿令吉的产业计划。
预估可以在明年首季推出3项产业计划，包括：

～ 第二期的白沙罗Foresta
～ 安邦路接近 The Elements@安邦的服务式公寓
～ 森州的Tuanku Jaafar度假村式住宅

安邦路的地段，是今年以1850万令吉收购的，将发展4栋共1000单位的服务式公寓，发展总值为8亿令吉。

第二期的白沙罗Foresta连同森州的Tuanku Jaafar度假村式住宅，发展总值为12亿令吉。

2. 计划脱售澳洲墨尔本的Hidden Valley发展项目

基于澳洲高昂的营运成本，这项计划并没有为置地通用带来贡献，在完成剩余的900独立式单位后，将会找买家接手。

3. 希望不可赎回可转换无担保债券持有人如数转换为母股
4. 在2015年年底，将市值从2014年7月11日的3亿7916万令吉现提高至5亿令吉
5. 计划在越南买地
6. 派发红股