‘value‘ of a stock is very personal too. The shark valued Genetec at 30 cents when its top and bottom lines was growing. share price would certainly drop to low level when the value of "top and bottom lines growing " vanished...nobody wanted to offer higher value of the company.

what is ‘value‘? your shit is a waste to you but it could be valuable to others ie plants or business in operating water treatment plant. ‘ Value‘ is impermanance and very personal. a thing may be useless now but it could be valuable when conditions has changed.

" 人是活的 书是死的。活人读死书 可以把书读活。死书读活人 可以把人读死。" what important is to maintain a flexibility in application of your knowledge in value investing or trading to suit the market conditions.

Analysts bullishness plus media promotions couple with high potential of good QR results and follow by bonus issue and share split. Touching RM 5 is not a myth.

JHM....goreng non stop.....Dizzy.

Big show just started only after the analysts upgraded plastic packaging sector. It should be ok since the price of resin remains at low level. Waiting the company to announce bonus issue and share split or warrant.

Go ahead to sell down if you think this stock is overvalued. Please do it .....better make it below RM 2.

It will all boil down to financial results in the upcoming QR. Downward risks is much lower after considering the share price correction for the past 6 months.

what people scare most is the Intangible Assets (IA) worth more thsn RM 4.5 billion. People would question...IA are not brand, Interlectual Property, not R&D....what the hack...is it this amount real? any substance? it is simply too confusing to a layman and even though to an accountant. then people would question the integrity of Management....questions keep popping up...Ask Robin to write if off in one go la. Dont follow his farther steps anymore if he wants a good name in investment community.

Bjcorp...one of the most sophisticate corporate structure in Bursa. wakaka

momentum is strong. go go go

What would happen to the share price of Puncak when Rozali announces the deal at RM 4 per share fir acquiring Triplc? It doesn't matter whether the deal on or off in the end. Rozali is still able to enjoy earning money even though the deal not pass through in the EGM. To him is simple.....either buy more shares of Puncak at cheaper price or cash out Triplc.....

So we should plp those Holand sifus instead of bombard them.

Murali. Klee. It is not so easy to cari makan now. Many green green ikan bilis have exited market or locking in the jail. You want to eat nasi lemak ok la but not easy to get a cucumber feast without the effort contributed from CPteh.

Is it CPteh persistent or stubborn? Anyway, we should thank him for training newbies with his less than half past six knowledge and skills cause he is helping increase the size of feeding grounds....the size has been shrinking a lot .

Cpteh.

Still thinking of 'CRASH ' again....what a gambling mindset! wanted reap huge gain from the crash....so strong desire to strike a lottery. You better go to bet big sweep la.

" l have 8-long years behind me ... and waiting for that CRASH moment ... just few more years to go, and I can wait. That is the moment when we could gain hugely, if you know how to capitalise on it. "

Murali. Is it what we call 'lazy' ? Lazy to develop new skills that is uncomfortable but hardworking in doing existing comfortable job or feeding his egoism. He thought..... he is being a trader or investor. He doesn't realize that he is actually a gambler in share market. It is better for him to get back to his teaching profession in the school. Share market is not his cup of tea.

Nice story....Good for motivation purpose.

Have you ever ask yourself what is the major weakness for being a teacher for more than decades? Can you relate your teaching experience in developing your new investment skills? Do you really know what skills you need to equip with that necessary in investing?

Sorry for being straight forward....Get back to your desk to list down your top 30 picks and do your research in its business and industry and work out basic ratio i.e. PER, Gearing, Profit margins, Dividend yields. You are a hardworking person but not work smart. Don't know how to pick up good points from many sifus here. Stop feeding your egoism if you want money get into your pocket.

8wpwtmt8. It's a good opportunity for us to top up if the price maintain at this level even though the company has reported higher earnings in coming QR.

Cpteh. You can certainly pick up many good points from sifu Raider through reading his forum especially building a proper mindset in margin of safety in investing. Who know these knowledge can become a good selling points for offering tuition to newbies in future. Lol

http://klse.i3investor.com/servlets/discuss/927737.jsp

Nice to chat with you too. VenFx.

VenFx. We have learned a lot from many sifus here. But some people prefer (sub-consciously) to take long route in learning and don't want to pick up good points addressed by others.

VenFx. We prefer people would turn a deaf ear to our advice too. lol

Cpteh. Lemon Juice has offered you an excellent idea on how you start to do your home work. You better learning by heart lor..lol

VenFx. I am not a pro in casino so I know nut in counting card. I know (talk coc) only la. lol

Murali sifu. Exactly. What he is doing now nothing more than betting in casino. Be a proffesional in casino also got to learning a lot of skills ....ie probability, counting card..... wakaka

CPteh. Reading would certainly enrich your knowledge. You would have more ideas on how to strategies your investment. Bear in mind, putting your knowledge into action is another issues. It could be a disaster when you are clouded too many theories in your mind. If you keep reading investment books without applying the theories in your real life, it doesn't help much. You know (talk coc ) but you don't really know how it actually works for you. Keeping a balance between reading and action can't be ignored. Stretching yourself in doing your homework is more important. You would know what to do to keep improving yourself.

Share price seems a little over hyped with about 70% increased in less than 3 months. When you look at the order book, its revenue and profit would certainly continue to grow in the next few quarters. Is it AWC over valued after the rally?

PER: 15.5x
DY: 2.5%
Gearing: Net cash
Outstanding order book: > RM 700 million

EPS:
31 Mar 16 - 2.25 cents
31 Dec 15 - 1.46 cents
30 Sep 15 - 0.56 cents
30 Jun 15 - 0.97 cents
31 Mar 15 - 0.25 cents

Revenue:
31 Mar 16 - RM 75.3 million
31 Dec 15 - RM 60.2 million
30 Sep 15 - RM 37.8 million
30 Jun 15 - RM 33.7 million
31 Mar 15 - RM 31 million

Profitability:
31 Mar 16 - PBT RM 8.9 million
31 Dec 15 - PBT RM 7.1 million
30 Sep 15 - PBT RM 2.1 million
30 Jun 15 - PBT RM 2.1 million
31 Mar 15 - PBT RM 1.4 million

Those researchers are either don't use their common senses or twisting the facts or close both eyes to dish out their reports. You see, TAAN amortized its Plantation Expenditure RM 20 million and and still managed to fetch PBT RM 43 million from the plantation segment last year.

What about Jtiasa? Jtiasa applies policy of non amortization plantation expenditure and yet suffering losses RM 30 million in plantation segment for the past 9 months. If Jtiasa applies amortization policy, it would have suffered additional losses RM 30 million at least.

Jtiasa has no value to trap to investors. High gearing, low dividend, low profit and poor operation officiency. Where is the value come from? The debt has been going up without a sign of stopping. Be prepared, Jtiasa may make a cash call in near future. If you doubt, you can double check its cash generating ability for the past few years.

If you really love plantation stock, go for much better run companies like TAAN, WTK, Kmloong, Uplant, Umelaka.......

what is the consequences of making a decision by denying facts to feeding your betting mindset or egoism? Small matter la...lost money only lor.

Business growth momentum remains on the right track. Buy the dips.

Icon. Relax. You are still on holiday.

Kheng. If you really got the passion to learn and willing to go through the hard work in investing. You would find the way. It doesn't help much if you are relying on a sifu recommendation. You should get a mentor instead of sifu. haha

If you are a very defensive PEG investors then you can go for blue chips like Carlsbg, Dlady, F&N, Heim, Nestle, PBB, Litrak but don't blame for high PER this and that.

Stockman. We all know that PEG is very important for value traders. To be a real value trader, you have to do extensive of research of the companies. It would have taken a lot of time. You think so easy meh? You got to do a lot of recording of some companies:
- grow is still on going.
- have reached maturity stage.
- temporary halt growth.
- going down to Holand.
- making a return.
- attached with high gearing and no dividend...
I don't think many got the time to keep track so many companies. You got to keep update your database....Sorry to say that...Try to do it yourself in real life then you can taste it. From my observation in exchanging information in Tek Seng forum, you gave me an impression that theoretically, you like growth companies but you refuse to take higher risks due to gearing, business operation....People ask you to suggest a PEG company but you played taichi... Come on! this is a cybercafe for chit-chat. what were you worrying? Are you an accountant?

Don't play generic phrases here la. Here is not a corporate world. You won't get much benefits from this forum even though you play taichi unless you intention is to become famous here and give seminars to newbies charging a fee.

Be careful of stepping on a landmine! It is a disaster if you have identified G in a wrong counter....very tricky one. There are many good examples witnessed in the past few months. lol

BY the time you have acquired sufficient knowledge, skills, experience and enough comparison stocks in a industry, you would understand PER, Gearing, EV, DY....can be very flexible in application. Low doesn't mean give you an edge every time. High doesn't mean not good. It all depends on the situation at that time..lol

CPteh. Making money in stock market is just the end products in investment. What important is the process (knowledge, skills, experience and strategy) you have undertaken which would lead you to money makes money. It takes time to develop a system suit to yourself and a proven system through some track records .

Start with crawling, stand-up and follow by walking before running. If you don't believe then you try to jump queue and see what would happen next...probably in next 24 months. You could make money initially due to lucky by following someone recommendation but the lucky star won't get along at all times. Instead, your greed would sneak in leading you to longkang.

Building a strong foundation will lead your base stronger and be more conservative in investing hence you won't over confident. Your knowledge, skills and experience will be accumulated over days by days. If you are really frank to yourself, you can have own self review your performance to identify the pitfalls.

Sometimes, we base on our instinct to make a buy and sell decision. If you don't have sufficient knowledge, experience and hardwork FA &TA, how can you rely on your instinct? You still can feel it but the question is how reliable of your feel. Use guts all the times?

Stockman.

You don't really appreciate the intention of the writer. Don't think we can above anyone...you know that stock market is the results of actions of human being. Do you think you can escape from emotion being effected through reading news, watching price movement, chi-chat in forum....?

Investment is an art. KC appreciate it so he has demonstrated one of a systematic way to handle his investment without putting too much emotion on it. He just let the system to take care his stocks. Don't you think this is a wise way?


Posted by stockmanmy > Jul 7, 2016 12:52 PM | Report Abuse

Why do I have the sense that people in I3 seem to think that stock market analysis starts and stops at FA and TA?



20 formulas and 5 valuation methods will not help you at all if you have no sense of PEG, no sense of business cycles, no sense of the future, no sense of forecasting, ......and being too arrogant.



Stock market do not start and stop at Balance sheet analysis and income statement analysts or even chart analysis.


Stock market is not a Maths problem to be solved


Stock market is about human beings and the future.

He is awaken after listening to long long TA lullaby music in his dream...everyday watching price and volume chart up and down....TA is merely a supplement to investors or value traders.

Director was dumping the shares? This director has disposed 156,000 shares or 2% of his entire stakes recently. He hold 7% shares of FLBhd only.

Capital expenditure is a peanut when you compare its Net cash inflow generated from operating activities. Fyi, the company has generated cash inflow of RM 33.5 million. Please supply more information for comparison purpose la...if not where you want direct the reader after reading?

Please look at the company net cash flow generation from operating activities:

Year 2015 - RM 33.5 million ( Capex RM 4.8 million )
Year 2014 - RM 14.7 million ( Capex RM 2.7 million )
Year 2013 - RM 13.2 million ( Capex RM 2.0 million )
Year 2012 - RM 28.4 million ( Capex RM 1.4 million )
Year 2011 - RM 7.9 million ( Capex RM 1.7 million )


" 值得一提的是，FLB在2015年投入的CAPEX高达RM4.5m，和2013年的RM2.0m和2014年的RM2.7m相比，高出了不少。管理层曾表示FLB将投入资金以购买先进的机械设备，不知这CAPEX是不是投入了这一项。"

Lemon Juice. There have been brainwashed until can't remember their name other than the identity given by the preachers. There is nothing we can do if end of the world going to happen. Sell the properties to get the money for what since it were end of the world. Why the preachers need to much money as end of the world approaching? Those people did not live in the world applying common senses. Just accept any events that we don't have any control on it.

Possible of flushing out weak holders. FLbhd's revenue is still trending upward. Dropped in PBT slightly was mainly due to forex loss in last quarter. It will report a slight forex gain next quarter. bonus issues and free warrant have not been proposed by the company . Not to forget, Uncle Koon is a FA cum partly TA player.

Think he should learn how to embrace the " market crash " with proper a mindset and proper financial planning in investing in stock market. Don't be a doom sayer to instill fear of market crashing here.

Lemon juice. You see his statement below. ' Listen ' 'listen '....he is a teacher and that's the reason he advocated 'listen'. Did he know the direction that he is heading after watching this video clip plenty of times? Is he wanted to build up a dilusion of market crash in his mind? I believe that everything happens in the macro, political, war, natural disaster would lead him to relate market crashing is on the way....every event pop up then market crash is approaching...lol

" I have listened to this clip for 10-20 times ... and will make it a habit to listen once a week till market-crash, taking this as part of the preparation of crash. "

Who can trigger crash in KLSE? You think retailers have the ability to do this wonderful job? You think Foreign Funds got sufficient shares to sell down our index? You think Ah Jib will let our EPF and local funds to give a market a blow? Do your homework and don't talk coc without supporting facts to justify your crash theory la.