YOCB has moved up more than 20% since after GE ,it may stay at this level for some time before to move up again if any.

BTY if we are looking for the gems that can give the gain more than 50% among the 2nd and 3rd liners we must take note that these stocks on the ave. cannot command a PE more than 10 so these gems must be with the PE less than 6.6 which is very hard to find now. Anyway I found one - YOCB. the forward EPS should be at least 12 sen, with the market price at 66 sen the PE is 5.5, financial position not bad, dividend will be 3-4 sen , of course I bought it much lower and will add more when it dips.

Good , at least I have someone to discuss about the situation . What I'm trying to do is to ask our friends here to pay more attention to the market movement and not to keep on looking for what to buy. Maybe I used the word too strongly, illogical may be more suitable . you see our bursa tags closely to DOW which is definitely a mania with none of the data is good and yet at all time high. QE3 is crazy and yet our market is dragged in , when it crashes ( not if ) bursa follows. Our economic data has nothing to cheer about but bursa is pushing for new height, just how high can it go ? I doubt it can be a superbull maybe just above 1800, so the gain from buying now is limited but the drop ( following DOW ) can be serious. I'm sure with the recent high most of us made good gain ,it's good to keep some profit in cash. I'm still in the market with only 30% cash. I hope my posting can draw some attention to this situation.

I think most of the hidden gems have been uncovered and the market is in the late stage of a mania though it may move up further.I would prefer asset protection to taking a big risk for may be a small gain.With all the bad news stacked against US ,EU,japan and of course our country I don't think we can have a superbull so the risk reward ratio may not be favourable in taking big commitment. Care to discuss ?

I sold my PBB @ 13+, Bstead @5+ and change to penny stocks like Multico (62 sen ) tanbun (58 sen ) huayang @ 1.2+ and I can say that I'm very happy with the switch.

So catching a few uptrend stocks with small gain to support your living has the same goal as WB

I said it before and I say again :- he is like a beacon on the bay !

In the moonlight you just shine like a beacon on the bay.......

That's why I mentioned LIIHEN instead of BSTEAD which has very high pay out ratio because of LATA's need but the growth may not be significant. I'm not sure about the credibility of Liihen management , normally I consider the willingness and the ability of the management to pay the share holders as a rough guide line, since year 2010 to 2012 , it has paid a total of 20.7M to the share holders and is going to pay 4.2M more next month. the market cap. is only 117M and with its ability to pay such an amount is worthwhile to consider.

If Bjtoto is good then Bstead is better.

Liihen,
div. for 2010,2011,2012 :- 14.5 ,8 and 12 ( will pay 4sen interim div. for 2013 and extra 3 sen for final 2012 div. next month so that for the year 2012 the total should be 15 sen ). Earning quite good ,can see from the low PE of less than 5 and the pay out ratio is about 40-50%. At the moment market price is 159 cum div. of 7 sen.

Not I know about, but the result should be quite good and can expect 3 sen plus bits of special div. in next Q.

No, there is no such news I just assume if there is such an offer would there be a taker, if yes , then we can say that the FV should about .80.

1901, you are a good businessman , you see the annual interest is about 9M and the company makes about 20M yearly I'm sure you know the annual profit you can get.The trouble is will the owner sell you at this price, which means the price should higher so is the FV.

Pradeep I know that you and I and a few others are longtime holders of Kfima, do have faith in it even DOW suffers a big loss the value of Kfima remains the same let alone improve.

Strictly speaking I shouldn't say it's a return for 3 years for some of them was added later,and inclusive of three times div. it should be about 30% gain. You see when I was writing it I forgot about the div.and the 16% just coming out from my rough estimate. As for your cost of about 1,00 you must have bought the stock a few month before me. Anyway thanks for your correction and let's cheer for Kfima as I still have hope for it to achieve a better price.

chia88 try not to think of the FV, just look at it in another way, say if a bank is willing to finance you to take over the whole company at .80 per share with interest rate at say 7%
would you take the offer?

let's put the PE at 8 ,and the earning say 120M so the EPS is around 22 sen then the share price will be about 1.78. So just estimate how long MFM will take to increase its profit to 120M, at the moment ,it still cannot make 80M.

Or may be 17% as I just made an estimate only.

My initial purchase is 1.40, adding more and average out to 1.7+, at 2.05 the gain is about 0.3/1.7+ that gives about 16%

When you park your money in a safe counter don't expect immediate reward.

Oldman, I still treat Kfima as a long term investment the selling and buying of portion of it is to get some cash during the price movement.BTW my best performing stocks may be overvalued now , some of them are Huayang, Multico,Tanbun,Amprop and Kimlun, I have reduced the holding now and only keeping small portion of them.

tony, I agree with you ,it's my worst performing stock,16% gain in more than 3 years.

I have Kfima for more than 3 years and I have changed the way dealing with it,sell some when it is high and buy back when it drops, unfortunately this round I thought it could go slightly further I didn't clear some, what a waste.

What I mean is those who obtained the shares from ESOS and in need of money don't mind selling the shares at this price.

Nobody is interested to press down the price ,the sell down with such a low volume must be coming from the ESOS or someone who cannot wait.

In the way yes, to date it has 29M cash, total liability 27 M inclusive of 15M bank loan.

There are a few more reasons that I like Poh kong :-
it's money making company , low PE with div. ( though it's just at par with FD )
ROE 11% may not be ideal but just imagine if someone were to subside you half to do the business would you jump onto it, actually your ROI is about 25% to me it's a good business deal. What's more during high tide all ships float but this one hardly.

NNWC means net nets working capital , the formula is

Cash + 75% of receivable + 50% of inventory - total liability .
Strictly speaking Poh kong is not a NNWC but if we revalue the inventory , take it as 85% of the total ( after all even the old stock can still be convert into cash easily ) then the present share price is lower than its NNWC, besides, the company is making money every year so the NNWC will keep on increasing, one day the share price has to close the gap to catch up with it.

At last I see someone is interested in Poh kong ,to me it is a NNWC stock with its value increasing annually . For this type of stock its price can increase above 20% just with a slight positive news which hopefully may come soon.

It may not be exciting but a safe counter, its rev. growth is 6% ,DY 6-7% ,low PE , PBV and with cash more than its total liability.

This is the counter where you park your excess cash, just don't look at it but given time it'll wake up.Can you estimate the amount it spent to create its brand name and that its worth cannot be included in its NTA. I put the NTA much higher than that in the bal. sht..

I really enjoy the ride though I did clear some along the way.

Glad to join also.

Yes this is the ave. yearly earning of Poh kong, btw pay special consideration of its inventory.

Put in this way ,you are investing 49 sen for a yearly return of about 12 sen, it's about 25% of your ROI though the major portion is kept in the comp. but it's still your earning. One day the PB will be unrealistic and the price will be adjusted.

Good for us who have faith in Tguan.

Nice move, as I said yesterday it has to move up.

high tide !

Say what you like,since Jan. all my stocks moved up handsomely except Kfima and yet I think I'll add more Kfima for this is the only one that has to move up.

Don't worry, in no time racism will not be significant, you see at the moment about 65 % of the population demand special treatment,and with the demographic shift very soon there will be more than 80 % will want this,can the nation satisfies the 80 over percent ? If not it looks like those who has the connection or those willing to kick back will get the treatment, the struggle will be in this group, the chinese and the indian
vote will not be any significant any more.

let's enjoy the ride first even it drops a bit later we still can make handsome profit.

From the strong support I would expect good announcement in this month.

I did sell some at 2.20 now just waiting to buy back what I have sold but I don't think it will drop to that low.

The truth is lbs spent about 30%+ of its earning to service its loan for the last few years, the main aim of this sale is to pare down its debt. Looking forward its earning will be improved.

They played the game before using the news of impending sale of the China property, the day the announced the M&A,the price went down.This pattern is repeated with a larger scale making use of the news to profit from the so call investors.What chleong said may be true.

It more or less reaches its support level, but it's hard to bounce back to 1.10 at this moment for there will be lots of stale bull liquidation .

The only fear factor is about the election but then it has nothing to do with its value,guess the support should be around this level.

As I said before the further rise may not be significant, but Q4 result may be out soon and if it maintains at 10 cents the earning for the whole year should be 38 cents, with this earning the price of 2.20 -2.30 is not demanding, hope it can be supported at this price.

Good show Multico cheer !

It's not a goreng counter so there should be news for the recent climb but it has moved up 30% since its last low in Jan. and I guess any further climb will not be significant.