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2014-07-14 09:02 | Report Abuse
All interesting and valid points. Lets assume all are true. It still doesn't answer my question.
F.Y. EPS DPS NAPS
2013 77.29 152.00 7.2523
2012 75.50 120.00 7.6864
2011 83.20 100.00 7.9210
Tthe dividend per share is almost DOUBLE the earnings per share. How sustainable is this?
Let me simplify. Assume I have RM100 in the bank, my *Salary* is RM20, my *Expense* is RM40. How long can I continue to spend RM40, assuming the maximum I can increase my earnings is RM30, due to my size and various other costs?
2014-07-14 08:52 | Report Abuse
Check out EPS (earnings per share) and NAPS (net assets per share)
F.Y. Profit EPS NAPS
TTM- -47,907 -7.00 0.1100
2012 -65,656 -9.70 0.2300
2011 -85,725 -13.40 0.2600
2010 -143,397 -21.80 0.4000
2009 -182,645 -27.80 0.6100
2008 -55,242 -17.00 1.0300
Earnings Per Share (TTM) = - 7sen
Net Assets Per Share (TTM) = 11 sen.
Can TM change this? Only time will tell...
Cheers!
2014-07-14 08:40 | Report Abuse
All the best to GP shareholders. not my cup of tea. it is up to you to decide to push 'buy' button. Also PLEASE do check out my statements....
For me personally. No way. At 36 sen, got other penny stocks....
Cheers!
2014-07-14 08:24 | Report Abuse
Sure. Great. But remember, P1 is NOT Greenpacket. Greenpacket is NOT P1.
P1 is making money. Greenpacket is NOT making money.
P1 owns the spectrum, NOT Greenpacket.
Greenpacket is only a MINOR shareholder now. Most shares owned by others....
2014-07-14 08:20 | Report Abuse
Wimax and LTE is Different technology. please do some reading lah.
So Mee Goreng, Mee Siam, Pan Mee is the same because all have Mee in name?????
2014-07-14 00:35 | Report Abuse
okay, i'm kidding around a bit (the Mr Hope etc), but quite serious about the policy of still holding onto your XQ shares (giving them away doesn't count).
many investors, myself included are faced with the same dilemma. my stock is going down, i've done my analysis, then some new information comes to light. but the stock is already down 30% (not a financial crisis situation). what to do?
which is why i asked you,
-What is your pain point/threshold?
-At what point do you cut your losses?
NOT to attack, disrespect or demean you, but rather to gain some insight. the following questions could apply to ANY investor!
a gift of Ekran stock doesn't amount to much today, does it?
2014-07-13 21:03 | Report Abuse
Additionally, P1 is the worst internet provider in Malaysia.
2014-07-13 21:02 | Report Abuse
P1 is Wimax lah. Different technology. Also, P1 is NOT Greenpacket. They are different companies, with a small link. Other companies, own most of the shares in P1.
2014-07-13 20:58 | Report Abuse
Maybank cannot afford PBBANK. and the is no synergies to be gained.
One is ultra Sh*t bank, with lousy stock returns. the other is very efficient and well run providing 127% + Dividends over the last 5 years to shareholders.
its like trying to marry a lazy broke fat man to a FHM model. ain't going to happen.
2014-07-13 20:44 | Report Abuse
i'm not sure if you guys have noticed but the dividend payouts significantly higher than earnings per share.
F.Y. EPS DPS NAPS
2013 77.29 152.00 7.2523
2012 75.50 120.00 7.6864
2011 83.20 100.00 7.9210
Look carefully. the dividend per share is almost DOUBLE the earnings per share. How sustainable is this? When will the money run out, if they are drawing down their cash balance like this?
2014-07-13 17:11 | Report Abuse
hey thanks Calvin for your input. you mention a couple of good points:
-"Insiders of Xinquan have been buying. "
Sure. Great. Why not just use the cash to privatise ala Tradewinds & Malakoff, instead of buying in dribs and drabs?
-"Perhaps Mr. Koon know the Operation & Management better since the lady boss (substantial shareholder) is from Macau."
That is a REALLY good point. So WHY hasn't he mentioned it??? instead he's been repeating this same line....
"I have given almost all my shares to my children and grand children that they can wait for it to turn around. I still have hope "
.....which quite frankly doesn't inspire much "hope" in me.
2014-07-13 16:54 | Report Abuse
apparently Mr Hope, sorry Mr Koon still does. Very shocked and a bit distressed personally.
2014-07-13 16:41 | Report Abuse
A couple of snippets for your perusal
Target RM0.62 (Stock Rating: REDUCE)
****It makes little sense for Xingquan to propose a private placement. It sends the wrong message to shareholders and has us scratching our heads since it already has more than RM500m cash.****** The interim results added to the negativity. At 85% of our FY6/14 forecast, Xingquan's annualised 1H net profit missed expectations due to continued deterioration of sales volumes in 2Q. We scale back our FY14-16 EPS numbers to reflect further volume declines. We are downgrading the stock from add to Reduce. Our target valuation is lowered to 0.3x P/BV, a 50% discount to the sector's 0.6x (previously at parity with sector) to reflect our fundamental concerns over the stock.
------Source CIMB (who, of course, earlier championed this counter)
Why these shares almost immediately trade below IPO price:
a) the usual question, why choose to list in Malaysia, that in itself is a difficult question to answer, how to dispel the rumours that they are too small to list back home
b) the pricing will have to be fair relative to what other red chips are being priced in SGX, Xinquan was priced too high at IPO
1) Investors will be concerned that they have never seen the operations and that they may never get "good research coverage" or even corporate news analysis on the counter.
------Source http://malaysiafinance.blogspot.com/
for investors perception to change.... hmmmm.... I think balance sheet improvement is one major factor. I am really sceptical to see companies saying they have tons of money in their balance sheet but yet they seem to get 'value' or interest income from their vast pot of money. Why? Is the money real or not? And worse still, despite all these cash, these chinese companies still wants to raise money via share placement sale and TDR. Why? Got tons of money mah... but still want to raise more? Errrr.... and then some of the capex made by these Chinese companies seems rather exuberant. In XQ's case, the rebranding exercise simply blew my mind. In short, it's simple. For the perception to change, investors do not want to see questionable issues in the company they are investing in. And sadly for the Chinese stocks listed here, these questionable issues are the very same issue raised in Chinese stcoks charged with fraud.
------Source http://whereiszemoola.blogspot.com/
Isn't the most pertinent question regarding Xinquan - If XQ is so good (financially) then why it is trading below IPO price and keep falling like a stone?
And this brings me to another point Mr Koon
What is your pain point/threshold? At what point do you cut your losses and admit you've made an error in judgement? Isn't the hallmark of any good investor knowing when to admit and correct a mistake?
"I have given almost all my shares to my children and grand children that they can wait for it to turn around. I still have hope "
I personally don't believe in "hope" as a sound investment dogma or strategy.
2014-07-13 16:05 | Report Abuse
-Mr Koon, have you entertained the prospect that Xinquan could be cooking the books, like the other Chinese co?
A company does not necessarily have to pay out dividends, however one has to wonder why it doesn't seem concerned about putting investor jitters/minds at ease by putting in a dividend payout policy.
-Could you be a victim of just looking at the trees (financials) and not seeing the forest (the big picture)?
- Are you familiar with research, work done at Bronte Capital and Muddy Waters?
Cheers
2014-07-13 12:44 | Report Abuse
as you say stonenut. in Malaysia;
-premium counter = PN17
-skilled management = Ahmad Johari Abdul Razak (nobel prize nominee)
By the way, any story about this?
Change in Shareholding (Director)
Date Name Remark
29/05/2014 CHAN YOK PENG Disposal via open market
19/05/2014 CHAN YOK PENG Disposal via open market
01/04/2014 WAN KAMARUDDIN Disposal via open market
01/04/2014 CHAN YOK PENG Disposal via open market
27/03/2014 CHAN YOK PENG Disposal via open market
27/03/2014 WAN KAMARUDDIN Disposal via open market
21/01/2014 CHAN YOK PENG Disposal via open market
21/01/2014 WAN KAMARUDDIN Disposal via open market
09/01/2014 CHAN YOK PENG Disposal via open market
09/01/2014 WAN KAMARUDDIN Disposal via open market
09/01/2014 WAN KAMARUDDIN Disposal via open market
09/01/2014 CHAN YOK PENG Disposal via open market
13/12/2013 WAN KAMARUDDIN Disposal via open market
13/12/2013 CHAN YOK PENG Disposal via open market
13/12/2013 CHAN YOK PENG Disposal via open market
13/12/2013 WAN KAMARUDDIN Disposal via open market
09/12/2013 CHAN YOK PENG Disposal via open market
09/12/2013 WAN KAMARUDDIN Disposal via open market
09/12/2013 CHAN YOK PENG Disposal via open market
09/12/2013 WAN KAMARUDDIN Disposal via open market
04/12/2013 WAN KAMARUDDIN Disposal via open market
04/12/2013 CHAN YOK PENG Disposal via open market
03/12/2013 WAN KAMARUDDIN Disposal via open market
03/12/2013 CHAN YOK PENG Disposal via open market
29/11/2013 WAN KAMARUDDIN Disposal via open market
29/11/2013 CHAN YOK PENG Disposal via open market
29/11/2013 WAN KAMARUDDIN Disposal via open market
29/11/2013 CHAN YOK PENG Disposal via open market
26/11/2013 TEKAD MULIA SDN BHD Married deal
26/11/2013 TEKAD MULIA SDN BHD Married deal
26/11/2013 CHAN YOK PENG Married deal
26/11/2013 WAN KAMARUDDIN Married deal
26/11/2013 CHAN YOK PENG Married deal
26/11/2013 WAN KAMARUDDIN Married deal
2014-07-13 08:06 | Report Abuse
no too Conservative lah ... MUST give this RM2.00 ringgits minimum! in contention to win Nobel prize in Economics! director Mr Ahmad Johari Bin Tun Abdul Razak
2014-07-13 08:01 | Report Abuse
wow! what a bargain! what a fantastic company!
such premier quality cream Bumi management. and excellent investment choice, especially for the long-term. would make Warren Buffet, Mahatir, Daim so proud!
such a Gem of a pn17 company! i just wish i had some bullets left to join the fun.
best of luck!
2014-07-13 07:52 | Report Abuse
wow reccka. nice story. hopes it works out for you. maybe you can recommend a good "source" for mineral water?
2014-07-13 07:38 | Report Abuse
"Look at the assets , this counter is not a kosong company" - how so dear minah?
Net Assets Per Share (NAPS) stands at 0.1195 or 11.95 sen per share (book value per share).
What assets do you speak of? Please do clarify. I would love to know.
2014-07-13 07:14 | Report Abuse
remember folks. lower IQ is a big PLUS when applying for Govt jobs and Political positions in Malaysia! Don't THINK to hard, Please! You won't be perceived as a threat.
As M.Taib says "one eyed man is King in the land of the blind"
2014-07-13 07:09 | Report Abuse
wow! in 1 year, it has retraced ALL the gains it made from the 4 previous years. such wealth destruction! maybe trying to be the next Ekran or Transmile? classic Bumi management stylee. oooppssss!
2014-07-13 06:44 | Report Abuse
@ kny123 use Google Translate. thats what it is for... brings whole new meaning to "suddenly i was blind but now i see"
2014-07-12 16:02 | Report Abuse
hey yk, thanks for the reply. i understand where you're coming from.
its entirely up to each person to determine what is rubbish or otherwise. after a loss, blame is quickly assigned to others for being deceived. but who pushed the buy button? do you blame gillette for making you buy their razor blades after watching their commercial? or Milo for selling you the most sugary diabetes-inducing cocoa drink?
it is mainly their *greed* that blinds them. folks love good news (hype). they think the market is a source of instant riches much like magee mee is a source of instant noodles. can you blame them with stories of Warren B, Geroge Soros et al being streamed 24/7 on Bloomberg & CNBC?
but to understand the market, you have to take the good with the bad to eventually become good at *discerning* the good advice from the bad. and making those mistakes, correcting them is a rite of passage, and the hallmark of any good investor.
the saying that comes to mind - "don't hate the playa, hate the game"
ps there are plenty of other people constantly lying/deceiving - car dealers, politicians, salesmen, real estate agents, renovation guys.... thats is just life....
2014-07-12 09:55 | Report Abuse
sorry to hear tattvooi.
1) have basic understanding of financial report. understand DY%, PE (TTM & Forward), ROE, ROA, Profit Margin, EPS, Debt
2) Google frequently about your stocks. learn what others are saying. esp. financial bloggers.
hopefully this will help reduce your losses. cheers.
2014-07-11 17:36 | Report Abuse
wow. have people all of a sudden stopped having sexy times?
2014-07-11 17:32 | Report Abuse
Parkson sole reason to exist is to transfer wealth to their landlords. Consider buying a REIT, since most of Parkson's profits end up there.
2014-07-11 15:11 | Report Abuse
this is NOT good news for CIMB shareholders. that is why it dropping like a rock.
RHB - benefits
MBSB - REALLY benefits (saves its ass, a bailout essentially)
OSK - win/win either way
2014-07-11 10:29 | Report Abuse
mornin' folks. looks like Prestar Resources (9873) seeing a sudden burst in interest. considering the market mood, it just got me a little curious...
2014-07-10 18:52 | Report Abuse
high tech digital anal-probe to conduct self 'anal'-lysis?
2014-07-10 17:57 | Report Abuse
super fantastic for long-term holders. just goes to prove patience pays off.
2014-07-10 16:58 | Report Abuse
@ connie & 2noob glad you can see the funny side.
-not sure about the technical details connie. fewer purple notes in my back pocket next year. regardless.
there is another "GST". its called INFLATION. their powers combine in the presence of UMNO, greed and heat to form G-FLATION+. Wow! sounds like fun!
2014-07-10 16:19 | Report Abuse
hey folks, fresh off the press ...
GST-TO-HELP-LOWER-PROJECT-COSTS - bit.ly/1rWnPrY
author/by - too embarrassed to include
Wow! What next? Pork is halal?
2014-07-10 02:34 | Report Abuse
EXTOL - OTHERS EXTOL MSC BERHAD (“EXTOL” or “the Company”) - Article in The Edge, Financial Daily
Announcement Type: General Announcement
Company Name EXTOL MSC BERHAD (ACE Market)
Stock Name EXTOL
Date Announced 9 Jul 2014
Category General Announcement
Reference No CC-140709-38245
Reference is made to the Article appearing in page 3 of The Edge, Financial Daily on Tuesday, 8 July 2014.
The Board of Directors of the Company wishes to clarify that the statement "Meanwhile, Mohd Nazifuddin Mohd Najib, the son of Prime Minister, Datuk Seri Najib Razak, is tipped to be the new CEO of Extol MSC, according to sources" is incorrect as the Board is not aware of any such information nor intend to appoint Mohd Nazifuddin Mohd Najib as the Company’s CEO.
This announcement is dated 9 July 2014.
----"according to sources" STRIKES AGAIN!!! lmao
2014-07-09 18:26 | Report Abuse
concur on that view. from now till next March, only one way to go, and thats up! maybe down a bit first, so i add a few more...
2014-07-09 17:40 | Report Abuse
you haven't received the postcard in the mail?
-well i'll tell you what it says >>>
from your loving CSL Directors
You'Ve BeEn SCAMMed!
ps thank you for all your hard earned $$$. we sleep on softer pillows at night now.
Cheers!
2014-07-09 16:48 | Report Abuse
why don't you give the same lecture to Bursa and the Banks, about their 'china-share' pushing and 'anal'-ysts?
what do you mean by 'responsibility'? are you expecting bonecythe to come over to your house for tea to debate the pros/cons of every post, then look over you shoulder and guide you through using your N2N or Excelforce platform?
info is info. use the grey matter between your ears to ponder that.
2014-07-09 16:22 | Report Abuse
nothing about Nylex, BUT, the tone for the export sector is positive, meaning, it is also positive for Nylex. Not to mention the chart looks ripe for a breakout. will be confirmed once it closes above 75 sen.
2014-07-09 16:19 | Report Abuse
Malaysia May exports jump 16.3% year over year
By Jason Ng
KUALA LUMPUR, Malaysia--Exports from Malaysia expanded 16.3% year over year in May, official data showed Friday.
This was thanks to an increase in shipments of electronics, crude oil and palm oil to Southeast Asia, Japan, E.U. countries and the U.S.
A median forecast of a poll of 11 economists by The Wall Street Journal saw a 13.0% rise. Exports grew 18.9% in April.
Exports totaled 64.91 billion ringgit ($20.35 billion) in May compared with 65.79 billion ringgit, the Ministry of International Trade and Industries said in a statement.
Shipments to Southeast Asia, Japan and the E.U. rose 14.7%, 11.4% and 23.4%, respectively. Exports to the U.S. increased 13.8%.
Electrical and electronic products, which make up about one-third of total exports, rose 12.4% to 21.21 billion ringgit while exports of crude petroleum rose 74% to 2.92 billion ringgit. Palm-oil exports increased 20% to 4.05 billion ringgit in May.
The trade surplus narrowed to 5.72 billion ringgit from 8.74 billion ringgit in April, the ministry added.
2014-07-09 16:14 | Report Abuse
any word on Nylex? - added to portfolio last week after the Malaysian export numbers came out. looks to be paying off.
2014-07-09 16:13 | Report Abuse
hahaha. yep trying to avoid reading too much bank 'anal'-ysis. i hear it can be bad for health.
2014-07-09 16:07 | Report Abuse
hahahahahaha hehe. CBC. Please! Why u talk so dirty in i3? Why like that wan?
2014-07-09 15:58 | Report Abuse
Singapore anti-gambling advert falls flat after Germany win
An anti-gambling advert which featured a man putting his son's life savings on Germany winning the World Cup was widely panned by Singaporeans online Wednesday after it was shown during Brazil's crushing defeat.
The advert by Singapore's National Council on Problem Gambling (NCPG) featured a group of boys excitedly discussing who will triumph in the ongoing World Cup.
At the end, one of them said while frowning: "I hope Germany wins. My dad bet all my savings on them." The screen then faded out to a message cautioning about the social fallout of gambling.
But for many Singaporeans the cautionary message fell on deaf ears as Germany romped home to a record breaking 7-1 victory over Brazil -- the worst semi-final defeat in World Cup history.
The advert first aired at half time, when Germany were already 5-0 ahead, prompting much mirth and ridicule online, including from two top government officials.
"Bad timing," Tan Chuan-Jin, Singapore's manpower minister, wrote on his Facebook page. "Looks like the boy's father who bet all his savings on Germany will be laughing all the way to the bank!"
"At least the boy in the advertisement can get his savings back," added Teo Ser Luck, a junior minister in the trade ministry.
A meme of the commercial by local blogger Lee Kin Mun with the caption "Always trust your father. #GER 7 : #BRA 1" went viral on Twitter Wednesday morning.
2014-07-09 15:47 | Report Abuse
never mind benson. cheaper price to purchase. a good company is a good company. price will fluctuate. granted eps has dipped a bit. but an excellent example of a well managed Malaysian company. like a fine wine. only gets better with age.
2014-07-09 15:39 | Report Abuse
"NEVER DO LONG PENETRATION ! " - please. what is all this "long penetration" business? i would like to know. never before hear.
2014-07-09 15:18 | Report Abuse
@StockLearner - good strategy.
@NOBY - yup finally after quite some time. suddenly everyone wants to dance w her.
Lots of egg on that 'anal'-yst face
2014-07-09 12:51 | Report Abuse
worst. internet. company. period.
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2014-07-14 09:32 | Report Abuse
conservative estimate is RM2.00 - RM3.00. with oil prices heading north or USD200 later this year, this stock is a SURE bet!