The next exciting date is 2Sep15, the ex-date for 6.5 cents div(65/1740=3.7%). Will you wait for it ? I definitely will.

Sayonana 2.10 for Mahsing. I think it will take about 2 years(2017) to go back to 2.10 with assumption that biz will grow at 15% per year and price will appreciate at 10% per year.

Ex date for div 1.25 cents has been fixed on 17 Jun 15. Let's enjoy the div first. Cheers !

Yes, theoretically it will open at 1.74. Hopefully the market gives it some premium and trades it at 1.78.

New housing policy for Negeri Sembilan has increased Bumiputera ownership quota to 50% from 30% previously, became effective on Friday(5Jun15).

http://www.thestar.com.my/Business/Business-News/2015/06/05/New-housing-policy-for-Negeri-Sembilan/?style=biz

1.20 is too high for me too.

Hi Val-Elta : you are really a great gate-keeper of Notion. Thank you for your consistent hard work.

I have no eyes to see my investment on Notion, in fact I have psychologically written off the investment. Anyway if the salted fish can really turn around one final day, I would welcome it with open arms. Nevertheless, it would be a fairy tale if I can recoup my initiate capital. Ha Ha.

Thks again.

I think convertion price of wb should be 1.80x4/5=1.44 and your 1000wb would become 1250wb.

If the broad mkt turns to bear, Mahsing could down to 1.50 from 1.70 which is about 12% down. It is a very reasonable adjustment which could happen on PB, LPI and MBB too during bear mkt.

Farge168: Thks, you are great investor.

Adjustment factor is 4/5=x0.8. After 1:4 bonus issue on 8Jun, the closing price 2.12 will be adjusted to 2.12x0.8=1.70

DPO 40%, next year yield is forecasted as 23.8x0.4=9.52/2.12=4.49%.

Eps 5.95. Let's annualize it to get 23.8. At close 2.12, PE is only 8.90. For a big cap and leading property player, PE 8.90 can be considered as cheap.

Ex date for 3 cents div has been fixed on 26jun15. Enjoy the 3 cents=3.6% @0.83. Cheers!

Ex date for 1:4 bonus issue has been officially fixed on 8Jun15. Besides mother shares, WB and WC are entitled for bonus issue. Enjoy the bonus issue, pal. Cheers!

Wait for announcement from Mahsing. I guess it would be in Jul-Aug

WB: exercise price RM1.80. Mature/expire in Mar 2018.
WC: exercise price RM2.63. Mature/Expire in Feb 2020.

The convention price will be adjusted down after the upcoming bonus issue in Q3.

Finalized and you can have it from Bursa's website

My understanding: the clause is talking about conversion of WB/WC (if you want to convert) to mother shares by 27 Aug 15 for entitlement of upcoming div on 2 Sep15. Otherwise, you can choose not to convert your WB/WC and ignore the clause and your WB/WC is not entitled for dividend.

ssteck:.thks for the link. The news is a bit far from materialization.

Mr KC : you have my highest respect. 大师风范。

Thks Mr Ooi TB for relating in detail the lengthy decision making process of Mr Koon. It showed us another way of share selection which looks a biz thru an eyes of biz which basically bases common sense.

I have not heard of. Hopefully it is true.

"我很肯定地讲，以基本方式来投资和做足功课，长期投资肯定是包赚！"

表面上看以上的说法是没有破绽，真实情况却复杂万分。畢竟不是人人可成为“华伦”或“冷眼”。当股市出现一个冷眼，背后不知死了几万个甲乙丙丁。

话又说回来，“以基本方式来投资和做足功课，长期投资的赢面是蛮高的。” 可是千万别相信“包赚”。况且何为基本、功课、长期都各师各法，从沒一个固定的方程式。在资本社会是绝对沒有免费的午餐的。一切附帶风险与代价。

我对“以基本方式来投资和做足功课，长期投资可赚钱”的看法是可信却别全信。

Meanwhile I would take the increased dividend as consolation price.

Albeit numbers of the whole years are good but I have more concern that rev and net profit of Q4 dropped by 23% and 21% respectively comparing to corresponding qtr last year. The biggest impact to me is that earning visibility of Huayang has been affected. I would cautious and wait for subsequent 2 qtrs to confirm its profitability before taking any action.

I keep both. I love MPI more than JCY although investment on JCY is much higher.

Blogger chengyk 写道： “以价值的角度去看，一家(JCY)能赚大概 10 sens 一年的公司(只卖RM0.75)，明显被低估了，再说一年估计有 5 sens 的股息，大概 6.67% 的 DY, 这相当吸引人。”

你同意吗？我是肯定同意的而且早已拥有不少股份，不然的话也不会在这里出现啦。你说是吗？

http://chengyk.blogspot.com/2015/05/jcy-international-berhad.html

公司主席认为window10,云端，企业应用程序將支持下半年産品须求。美元、自动化、竞争优势將強化未来盈利。这都已经间接告诉我们下半年的生意还是正面的。

不过同时又有“路边社”不停在唱衰JCY的下半年。

公司主席与＂路边社”之间，你选择信谁？
我取公司主席，而你呢?

受惠強勢美元‧JCY次季淨利漲34%. 2015-05-21
（吉隆坡20日訊）受強勢美元和產品售價揚升刺激，JCY國際（JCY，5161，主板科技組）截至2015年3月31日止第二季淨利按年大漲34.25%至5千115萬2千令吉，上半年淨利報1億零133萬9千令吉，按年漲48.25%。
第二季營業額則報5億零879萬7千令吉，按年揚6.57%，上半年營業額則成長4.67%至9億9千666萬5千令吉。

派息1.25仙
JCY國際亦建議派發每股1.25仙中期股息。
該公司主席羅札里透過文告說，強勢美元和產品售價上揚是第二季業績向晴的最大功臣，謹慎的財務管理和自動化投資活動亦該記上一功。
他認為，Window10帶來的電腦更新週期將協助推動下半年電硬碟驅動器運輸量，對雲端相關設施和企業應用程序的需求亦相信可舒緩電腦需求下滑的影響。
“美元走強將繼續讓集團受惠；集團將持續自動化生產程序，以改善生產力和降低對人手的依賴，集團的規模經濟效益競爭優勢和多元產能料將強化未來盈利能力。”（星洲日報／財經）

As far as I learnt as a small investor together with EPF in Mahsing since 2009, if EPF has to chose only one property player betw. Mahsing and OSK, the answer is clearly Mahsing because in property industry, Mahsing is generally rated far ahead OSK. I do not mean OSK is not a good company, but it is just not in the same class as Mahsing for the time being. Nevertheless with the strong support from all shareholders, OSK might one day overtake Mahsing in property industry, who know?

Anyway, one thing I know for sure now is that investing into OSK now will bring you much more profit than putting the same money into TurtleSing.

Cheers!

Let JCY breaks first, MPI still has far way to up, although bumpily and slowly.

RM0.80 is a bit expensive for me to buy more but a bit cheap for me to sell.

The answer is JCY.

The GDV on property of Mahsing is not the same size with OSK too.

OSK and Mahsing are not in the same category. OSK is under fiancé with main stream of income coming from investment into RHBcap(Banking) whereas Mahsing is almost a pure play on local property industry with minor contribution from the long inherited plastic industry.

Hi klma and wou: Thks for the good update.

I am just an old small ikan bilis, where got so much fund to buy all the way up.

However when it is all the way down, I will find fund to accumulate.

I have exactly the same thought as Johnnys.

As far as I know, Mahsing does not hold and manage real estate for recurring income. Therefore it is very unlikely Mahsing will have REIT for the foreseeable future.

Sorry, digressed too far. You are absolute right that investors are looking at profits regardless what color they are. Nazri is a competent guy in addition to his inherited supreme color, the bank has grown from ugly duckling to white swan. Because of him, I have invested into CIMB.

I just relate the true common fact in BolehLand, somebody just do not want to see. Quote from street:" eyes are glued with stamps"

If it is really free of political influence, there was no way CIMB could acquire Souththern and BHL banks years ago.

It is too naive to think that there is no color influence in the lucrative and strategic banking industry in BolehLand. Would you believe if I tell you that there is no pokok pinang in Pulau Pinang?

Mr Ray: welcome back to JCY, sincerely. Again, I cannot agree with you that JCY will not "close to 0.30" in the current market. Unless there is a heavy correction such as KLCI drops by >30%.

Toxic of flood- pls be patient with us, once the art of water God is gone, we will be fine.

Toxic of fire- pls be patient with us, once the art of fire God is gone, we would be fine.

Toxic of camera downturn- pls be patient with us, once the cycle is over, we will be fine.

Toxic of hedging on dollar, oh pls be patient with us again, once the hedging is over, we will be fine.

Everything is other's faults, we are fine. The management team is perfect.

I afraid the source of toxic is the management itself.

Quote from “柴九”，one people has how many 10 years?

I have sucked in this stupid company for the last n years. Stupid management, and the more stupid bsngpg. Do you want to be the most stupidest?

Taking cue from the already announced qtr reports from Tambun and Matrix, Mahsing should able to sustain its great profit. Furthermore Tauke Leong has assured that the historical high 3.4bil sales recorded last year will be at least sustained.

If anyone is really very interested to invest into banking counter for opportunity, I would recommend RHB Cap to take advantage on emotionally pressed down price after proposal on right issue. I do not own any RHBCap as at today while aiming for lower price to steal quick opportunity.

I am one of the long term (4 years) investor in CIMB since 2011 till today. Unfortunately I am still making paper loss at 25%, 12% and 23% for the 3 entries at different time. With the current uncertainty on the position of Najib(brother of Nazri) in addition to the unexciting look out of banking industry, I would NOT advise new investment into CIMB for long term.

Forecasted div=19cents. 19/3230=5.9% yield. It is much higher than FD.

17.3% CAGR from capital return (growth on mkt cap) + 5.9% div yield= 23.2%/year. Unbelievable.