Another quarter of losses; another disappointment! Smartag should be renamed Stupidtag.
Those who think that the stock will go above RM1 is staying in an ivory tower. Why is Custom not implementing the mandatory use of RFID? Is it because RFID is too efficient, so much so, that corruption and other kinds of cheating will be hard hit once RFID is used. Or is it because RFID is useless and cannot be used.
Management of Smartag owes an explanation to its shareholders.

TDM will go limit up when the market opens on June 24, 2013.

Mystery at Bursa in the closing minutes of today's trading is a great surprise to everybody. Bursa must make a through investigation as to what actually happened. Bursa must ascertain whether there is any manipulation in the prices to create a false market. If Bursa fails to do this, it is failing in its duty to protect the small investors.

Prestariang is now in partnership with UniMelb which is the best tertiary education institution with high standing in IT, computer science and engineering. This partnership will enhance the image of Prestariang to a great extent.

Expecting the result to be commendable.

1Q13 result should be out next week. 1Q12 was out on 29.5.12.

What's your comment on PRK Corp? At RM2, is it a good buy? Please read my post in my blog.
Thanks.

I like ECS, Magni, and PRK Corp.

The timing makes the difference. Never overpay even for a great stock.

Sorry, I don't have a TP. Change according to the circumstances.

tyran pointed out that the customs project is a BN initiative under the ETP. I don't think it has become a rotten egg; I believe there is still hope in the counter. It went to as low as 8.5 sen . Those who have the guts to buy then would have made 100% of their capital layout. Not bad esp. when it's over a period of only a few months. Keep your fingers crossed, the game has just began.

China is not an easy place to do business. Even F & N had to come back.

When the pressure to sell is the greatest, that's the time to buy.
Smartag is really a disappointment. It said it was successful at its trial run at the Custom. But look at what happen. Revenue and profit became worse and worse. Last year it was in the red. The CEO resigned, and Lock Sen Yow took over. Hope the new CEO is able to turn the company around. Hope Mr Tyran is right. The only thing good about the company now is that it is debt free.

For the financial year ended 31.12.12, the EPS of the company is 38.10 sen. NTA is Rm4.68 per share. It has cash and bank balances of RM184.95 million of which RM176,708 is held in trust for a charity fund.

Perbadanan Kemajuan Negeri Perak owns 51.51% and
Sime Darby Property Bhd owns 6.13% of PRKCORP.

KSeng is cash-rich and asset-rich. Unfortunately, the controlling shareholders are incompetent in money management. Not only are they incompetent, they are the most stingy of all as well.
Someday I hope all the minority shareholders will unite and pressurize the management to pay out more to the shareholders.
The company has more than RM700 million in its coffers. If it does not know how to generate cash for this big pile of cash, it should return at least some of them to the shareholders.
Come on KSeng, do not be so stingy and inconsiderate is my call.

Affin has a dividend payout policy of 50% of net profit.

Tan Sri Dato' Tan Kok Ping is the executive chairman of Magni. Is Vincent Tan a major shareholder of this company?!

I wonder how the company will do well this year with palm oil price so depressed now.
Unless the price picks up and stays up for the rest of 2013, TDM will be hard pressed to perform better than 2012.

With the maturity of 11,000 ha of oil palm trees in Kalimantan in 2014, output of ffb will increase greatly. If by then, the price of palm oil has recovered, earnings of the company will shoot up, and this will be translated into an upgrade of the stock price.

Kseng is cash-rich and asset-rich as well. There is no doubt about this. Management, I would say is, very poor and stingy. The company has over RM700 million of cash but gives you chicken-feed dividend. It does not know how to make good use of the cash it has; it just sit on it. Small shareholders are much concern about this. If it has no idea how to generate cash from the cash it owns, it should at least return some of them to the shareholders. If a revaluation is made on the lands and investments it has, the stock is worth easily more than RM18 per share!

I expect ECS to report an improvement in its profits for the 2nd quarter ended June 30, 2013. The company has zero borrowings and lots of cash. This is a very safe counter. Accumulation of the stock at the current price of RM1.16 is likely to give you a good profit before the end of the year.

If this fella is always wrong, then it's easy to make money. Just contradicts what he predicts.

After bonus issue, please make adjustment for the price.

The portfolio is out-dated. Please update. Thanks.

I believe this company has a great future. I like it.

Acquisition of Tonik Asia Group failed to go through, but bonus issue of 1 for 2 is on. It will be interesting to see how the investors react tomorrow morning.

At first glance, the result of the latest quarterly report looks impressive, but the one-off gain of RM2.1m from the sale of property shows that the company is not doing that well. Nevertheless, the company is optimistic in recording better results for the year ended 28.02.13.

ECS is a quiet stock. Hopefully, the bonus issue will make it more liquid. Its dividend yield is quite high while its PE is low. Its has zero borrowings and lots of cash in hand. This is a safe stock, good for the long term.
What does ECS stand for?
1. Elitegroup Computer System,
2. Electronic Communication System
3. Elite Commerce Special.
Do you know the answer?

KLCI up, Volume up but price down. Not a good sign; sell!

You can curse him if you like. But he is already laughing all the way to the banks, probably.
You are just being naive if you believe all that you read.

I have invested in TM and benefited. I think TM can be trusted.

I like its net cash position and high current assets verses its low current liabilities.

Management is competent and experienced. I strongly recommend this stock as a buy at 2.73

The best will always survive.

Bonus issue 1 for 2
X-date: 25.10.12
Payment: 10.12.12
Stock in uptrend. Fundamentally sound & good dividend yield.

JL's suicide note :

“My dear Nina: Can’t help it. Things have been bad with me. I am tired of fighting. Can’t carry on any longer. This is the only way out. I am unworthy of your love. I am a failure. I am truly sorry, but this is the only way out for me. Love Laurie”.[14]

Source: Wikipedia

Pity him, (Sigh...)

Jesse Livermore committed suicide and died as a bankrupt. He lost heavily in cotton when he kept averaging down, Why didn't he cut lost? Destiny must be playing its part.
" When fate summons, monarch must obey."
Learn his strategy if you like but don't follow his footsteps.

Jump on board at the opening bell, otherwise you may have to swim out to catch the boat.

One of this companies has filed for bankruptcy.

At the StarOnline today, there is another version. It says that MNRB plans sukuk of RM150 million and secures RM200 million credit.

Scientex has strong fundamentals and management with integrity. Talking of "forever stock", this looks like one.

Jesse Livermore died as a bankrupt!!!!

For everyone successful trader, there are probably 1000 failures. Ask yourself why you should win. If you get a good answer, go ahead, but please bet what you can comfortably lose.

In a nut shell, it means that the company is getting credit facility of 120 million from a bank, and it is issuing IOU (borrowing money) known as IMTN for its own use. For details, refer to the announcement.

Scientex hit 3.09 and closed at 3.03 at noon today. At 3.09, the stock is at a new high since 2007. Can the momentum be sustained? The management of this company is competent and has integrity as well.

TA of Gamuda looks bearish. Support levels are 3.30, 2.98 & 2.63. If FA and TA are not in accord, follow the latter. Action speaks louder than words. The last done price is 3.44.

If you don't see any bullish signal, don't buy. Remember: A trend in motion is assumed to continue no matter how low it goes.

Thanks Tony. Glad you like Wisdom.

Wisdom to plan; knowledge to compete, discipline to implement and patience to wait are all you need to ensure success in the stock market.