P/e 15 for blue chips very expensive

Well if you like Padini, bonia should be your cup of tea too. Bonia has been very aggressive recent years and acquired few famous brand names like Braun buffel in their coffer. The company so far has 700 stores inmalaysia and asia. The company has showed strong growth for the past 5 years. P/e currently at 12 compares with Padini p/e 15. Net cash rm 35 million in hand. Good entry level around 2.19. My only complain is that the stock very illiquid.

KC I am just being lucky at a right place at a right time. Again, doing homework wil really help in one investment. Thanks for your wise words again as always. Edmund. May be you can translate what Cold Eye has said about Kfima to me. For all Muslim bro, Selamat berbuka puasa.

Rose, thanks for the nice word. Edmund , I am quite lucky to recommend a stock like Kfima that not many people give attention to. I can only say hard work will pay if one really do his homework. Have faith and have patient as someone will always oppose to your selection without valid reasons. Ram, how high can Kfima go it will depend on next month result. At this price Kfima only trading at p/e 7 at current eps of 30.5 sen. Do not forget that the eps has been climbing for the past 5 years and I strong believe the trend will continue. My only concern is if another Najib announces election in Aug. then it might impact the share price in short term. Otherwise Kfima us still gem of a gem.

I found this thinly traded stock has very strong support at 2.20. When PNB throwing the stock it will fall to RM2.20 and then rebounding back to RM2.30. So you have 0.10 margin to play with. I will talk about the fundamental more in the next message.

Bonia worth a nibbling below RM2.10. Another cash rich company that is underperformed CI and PADINI.

JTPC, one can only making rich money in bursa malaysia if they really do their homework and uncovered the gem stocks. No otherways will make you rich.

You are welcome Fandi. Btw, what is the meaning of 1.33?

The dividend ex date will be announced at end of AUG 2012. Privatised of Fima Corp or Kfima instead. let's wait and see.

Namoyaki,Zhulian is still one of my favourite stocks as the growth remain intact and the company is cash rich with high dividend yield.
However as election is around the corner, I would advocate sell half and keep half strategy. Frankly speaking, I see limited upside for Malayisa's blue chip stock as the p/e is relatively high. Now it is time to keep more cash.

If a lot of punters have bought POS Malaysia and waiting to dispose, sad to say there is limited upside for this stock.

Rose, that could be possibly initiated buy by big banks such as may bank or Cimb. Anyway I still believe corporate exercise is on the card.

You are welcome Fandi. You can see that I hardly promoting any stock except Kfima,Fima Corp and Zhulian. One thing that really interest me is that when you see one stock which has no follower in a forum like Kfima then you should bang on it. For stocks that garner good followers like Pos, I would rate it sell now since a lot of punters holding huge chunk of stocks waiting to dispose. Just my personal opinion.

Fandi, I think Kfima have given you 15% return in less than a month since your purchase at 1.88 last months. This tsock is still in a uptrend as I said before this stock is dirt cheap.
Fima corp should follow also.

Great to see Kfma continues up trend!!!!!!!

Bro KC you are also one of the big promoter of fundamental stock. Surely, we have learnt a lot from you too. Thanks bro.

You are welcome bro Takarajima. Have a good day ahead.

KC, thanks a lot for your compliments. We need to be responsible when we put up our comments here. If we recommend stocks that lack of fundamental like Ariantec,Metronic Global, we will be cursed by people if at the end they loss money. The forum here should be utilised as a platform that promotes good and undervalued stocks that will benefit the forumer here.

My another favourite counter Zhulian has announced another fantatsic result. EPS 6.34 if annualise RM2.53, based on current price
RM2.10 the stock is only trading around p/e 8+ compare with Haio p/E 12 and Amway p/e 17. Good dividend yield at 5.3%

Fantastic result. EPS 6.34 if annualise RM2.53, based on current price
RM2.10 the stock is only trading around p/e 8+ compare with Haio p/E 12 and Amway p/e 17. Good dividend yield at 5.3%

Jian Bin, net cash is only one of my criteria. low P/E, sector of the stock in,NTA and most important how fast can the business grow that will translate in net cash and NTA to the company.
If you are convinced that Plenitude and KESM can fulfill the above conditions by all means inveting in these companies.


Fandi, have patient. Kfima is not a stock like Ariantec & Metronic. This is not a speculative stock. I will not be surprised if corporate exercise is looming for Kfima and Fima Corp. As I said before by controling these two companies you are controlling net cash of RM500 million.

Ram below 6.05 should be a good bet

Namoyaki apa maksud ni ?

Rose,counter in my watch list is Zhulian another cash rich and weel managed company that is expected to announce result and dividend by 13/07.
If the counter drop to RM2.00 you can buy.

Ram, my target for Kfima is at least RM2.15-RM2.20 conservatively. Again why I put this target is that Kfima NTA now stood at 2.07 and net cash per share is 0.90. Based on the record, NTA for KFima had increased from RM1.67(FY 31/03/2011) to RM2.07(FY31/03/2012) that means the increase of 0.50 in a year. If the history repeating this year, that means Kfima's NTA can easily reach RM2.57, even if you chop the increase of NTA by half you will still get RM2.32. Do not forget that the capability of the company generating huge cash flow in one year. Last year alone te net cash of the company has increased from RM196 million to RM270 Million.

If one company NTA and Net Cash keeps increasing, the share price ultimatley has to follow.


I do not think any one can challenge me on my finding. Please let me know if you can get another medium size company with such solid fundamental in Bursa Malaysia.

Also, monitor Fima corp closely. I think both companies are very hot under privatisation list. If you still ask me why? thate means you still cannot get my explanation.

Fandi, rules no.1 buying undervalued stocks and patiently wait for it
Rules no.2. Invest in what people cannot see

more will come tomorrow

Kumupulan Fima is steaming now.

Fandi, buy good and undervalued stock you will not go wrong.
Kfima is still very much undervalued. The company net cash is RM255 million and the company market capaitalisation is RM500 million. That means half of the company's market capitalisation is cash. NTA is 2.07. It is very difficult to find such company in Bursa Malaysia now.

It seems that Kfima will jump start the engine soon...Fasten your sit back and enjoy the run.

Namoyaki,I do not have blog. Investing is always my interest as I do not want to end up as a POOR DAD.

Fandi, you are right. The company balance sheet is very clean and has very little borrowing for their trade line(You can check the latest quarterly report in Bursa website). The company share capital is very small, only RM265 million and the market capitalisation is only RM465 million. One of my monitor list for potential privatised candidate.

Heard that they will come back as FORBES best 500 company under 1 Billion share cap after 2009.(see the link below)

http://www.forbes.com/lists/2009/24/best-under-billion-09_Kumpulan-Fima_9ZPU.html

Monitor first and wait until volume come.

KC, dun worry we are learning from each other, no hard feeling.
The most important thing we are making money from this market by investing in GOOD stock.

Nubhan thanks alot for your technical point.

Btw, Kfima volume is still very thin.

KC,what is DY at 3.61?

Btw, EPS for Kfima is 30.7sen so at current share price 1.86 is P/E 6.

Please do let me know if you can find one cash rich company company with p/e 6 and have excellent potiental growth. I also want to invest.

Sharing is blessing!!!!

KC,You are welcome.

Btw, do you mind to share to me why you said that K.Fima is fully valued?

How do you derive the calculation?

KC, must do homework before one invest.

The company must show strong growth and have solid cash to weather bad time.

I will not compromise on this principle.

Why Kumpulan Fima?

Criterias for a good company:-

(1) Low P/E below 9
(2) High Dividend Yield at least 4%(better than FD)
(3) Net Cash
(4) Trading below NTA
(5) Solid trend of profit growth for the past few years and the profit can be sustained.

and Kfima definetly fulfilled the above conditions:-

(1)P/E= 5

(2)Dividend yield 4.3% ( Current share price RM1.85/dividend per share RM8 sen/share =RM1850/80)

(3) Net cash =RM255 million or 90 sen per share

(4) NTA 2.05 and the share price is RM1.85

(5) Decent profit growth for the past 5 years.
(You can check Bursa announcement)

(5) The company NTA can easily increase by RM30 sen every year and net Cash by RM30 million every year. So if the company NTA and net cash keeps increasing, it is a matter of time that the share price will relect the strong fundamental of the company

Look at the business of the company:-

(1) Plantation -Sure win business since the CPO price still above RM3,000 and the cost per tonne is around RM1,500, so easily the cost per tonne profit is RM1,500

(2) Printing-----Print money for government and this is monopoly business

(3) Food Business -Needless to say no matter good or bad we still have to eat.

POS and Kfima will outperform CI!!!!!!

Look at Kumpulan Fima after Pos!!!!!!

Volume is coming, waiting for breakout.
Btw,they will announce the ex date of 8% dividend next month.
KFIMA
Date Announced : 17/05/2012

Type : Announcement
Subject : OTHERS

Description : Final Dividend for the financial year ended 31 March 2012

Announcement Details/Table Section :
The Board is pleased to recommend payment of a final dividend of 8% less 25% Malaysian Tax for the financial year ended 31 March 2012. This final dividend is subject to shareholders' approval at the 40th Annual General Meeting scheduled to be held in September 2012 and will be payable on a date to be determined.

Kfima and Fima Corp will give you hefty profit if you have patient.
If the NTA and the NEt cash of the company keeps rising. it will be reflected in the share price ultimately.

yes a very good laggard stock. Should come soon based on the volume.