chong

chong | Joined since 2010-07-13

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

3,074

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
3,074
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2012-07-05 17:59 | Report Abuse

Like brother victor168 said, I feel that Digista & son is coming as they both had been in hibernation for too long already since moving to the main board....cheers

Stock

2012-07-17 12:06 | Report Abuse

Please read today's Star Business section......cheers.

Stock

2012-07-17 11:39 | Report Abuse

market these past days are hot & most counters went up high but not BIMB...so what does this tells you?....do your homework before you buy your BIMB HA....cheers

Stock

12 hours ago | Report Abuse

Wah, traders buy 35 cents of WB in large lots, that means they are confident that WB will go further.

Stock

2012-07-17 11:34 | Report Abuse

Liondiv go go go ......& once the steel taxes are taken away, the steel industry will flourish & I think the government is going to do that.

Cheers & btw, Liondiv also gives dividend too, hee, hee, hee

Stock

2012-07-17 11:45 | Report Abuse

Don't forget to buy your BIMB HA as I am confident mother BIMB will fall.

Stock

2012-07-05 23:50 | Report Abuse

WB today closes at 36 cents & above?...let's wait & see.....eatting abalone now, hee, hee, hee

One thing you all must learn is never follow too much for chart signal but buy early to gain more like I do for WCT & WB.

Cheers.

Stock

2012-07-06 05:54 | Report Abuse

Soon WB will finish too at 35 cents, get it now as mother WCT is now $2.61

Stock

2012-07-06 08:22 | Report Abuse

Told you all WCT will reach $2.60..now it's here and more to come

Stock

2012-07-06 08:33 | Report Abuse

If I am not mistaken Liondiv is the whole Lion Group & Lionind comes under Liondiv...cheers & more to come.

Stock

2012-07-17 10:49 | Report Abuse

WCT sure to touch $2.60 today & WB just follows

Stock

2012-11-06 08:39 | Report Abuse

Alot of people are selling WB at 34 cents, me sapu, hee, hee, hee

Stock

2012-07-17 10:32 | Report Abuse

Afternoon WCT becomes $2.60? and son WB will be 36 cents?

Stock

2 hours ago | Report Abuse

Liondiv off course, NTA $1.90+, hee, hee,hee & once the government start giving tax incentives, the steel industry will no more in the RED.

Stock

2012-07-06 09:03 | Report Abuse

I am just in..so carry on brother lintze1983

Stock

2012-07-17 09:39 | Report Abuse

It had cross the $2.56 barrier, so continue buy mother & son and see it goes to maybe $3.20...yahoooooooooooooo

Stock

2012-07-17 09:34 | Report Abuse

Buy Liondiv, soon steel manufacturing incentives from government....go for it.

Stock

2012-07-17 02:35 | Report Abuse

Digista into property development?

The Board of Directors of Digistar wishes to announce that the Company had on 16 July 2012 entered into a Share Sale Agreement (“SSA”) to acquire the remaining 100,000 ordinary shares of RM1.00 each (“Sale Shares”) representing 40% of the total issue and paid-up share capital of Seni Pujaan Sdn Bhd from Lee Poh Chau (the “Vendor”) for a cash consideration of RM13,000,000.00
(“Proposed Acquisition”).
Upon completion of the Proposed Acquisition, SPSB will become a wholly-owned subsidiary of Digistar.


SPSB is a property developer. On 12 October 2010, SPSB entered into a joint venture agreement with Yayasan DMDI “DMDI” to undertake a commercial development project on all that piece of leasehold land held under H.S. (D) 64114, PT 15, Kawasan Bandar XXVII, District of Melaka Tengah, State of Melaka and all that piece of leasehold land known as PT 20, Kawasan Bandar XXVII, District of Melaka Tengah, State of Melaka, dubbed ‘The Heritage’.
Under the said joint venture arrangement, DMDI, being the landowner of the said leasehold lands, agreed to appoint SPSB to undertake the entire development and implementation to construct the buildings on a “turnkey design and build basis”, including but not limited to preparing the site layout plans, preliminary sketch designs, architectural drawings, structural drawings, service drawings and all other detailed plans and drawings as may be necessary for the proper construction and completion of the construction works and also to obtain necessary approvals from the relevant authorities and completing the works, at SPSB’s own costs.

On 28 April 2011, Digistar ventured into the property development sector via the acquisition of a 60% equity stake in SPSB. The said property development project engaged by SPSB was launched on 18 October 2011. The project involves a commercial development comprising 250 serviced suites and 11 units of retail shops with an estimated gross development value of RM150 million. The completion date for the project is expected to be in 2014.
‘The Heritage’ is located in the city of Melaka, which was listed as a UNESCO World Heritage Site in 2008, and is at the intersection of Jalan Merdeka and Jalan Parameswara, Melaka. Some of the envisaged facilities include cafeteria, gymnasium, multi-purpose hall, meeting room, WiFi and internet access and 24-hour security services. ‘The Heritage’ will be managed similar to a luxury serviced accommodation where owners can lease their units for long or short stays.

Stock

2012-07-17 01:40 | Report Abuse

As brother Donpazac said that 2.5 million shares sold was on 11 July, yes I think that was the day when someone sapu 5000 lots at 1 go for 5 times...total 2.5 million shares, correct me if I am wrong please....weren't we all not surprise on that day when all was happening right before our eyes & that were we then not looking for for strong buying support? Now as I said much earlier those big lots sold on that day may be those passing from the left to the right hand & also you know that EPF wants to make money too & EPF must have bought those shares very much earlier...so disposing off those shares is perfect normal....how I wish that EPF keeps buying high & not selling as in the BIMB case, hee, hee, hee

What brother franksoweto said is very correct as WCT is a different kettle altogether as projects are coming...so we shouldn't be too much worried at all. As long as projects keeps coming, then it's a ok.

Let's see if the buying support keeps coming on days ahead...just hoping that yesterday's trading day will be repeated again & again.

Cheers.

Stock

2012-07-06 10:30 | Report Abuse

Don't worry brother chieng8182 as maybe WB opens at between 34.5 cents & 36 cents.....maybe in the near future WB goes as high as 70+ cents...cheers.

Stock

2012-07-16 17:41 | Report Abuse

Time for you all to start collecting Digista & son WA. Both had been hibernation for too long & I presume it's going to come very very soon....maybe this week itself...go for it.

Cheers.

Stock

2012-07-06 10:55 | Report Abuse

Today is a good day for all & it's just the 1st day of directors buying...tomorrow more buying to $2.60+ & WB to 38 cents?

So what say you?

So today it's North to Alaska and it's not Just an Illusion, hee, hee, hee

Cheers.

Stock

2012-11-06 10:56 | Report Abuse

wow, see the queue to buy. I presume we are for better times ahead.

Stock

2012-07-06 11:00 | Report Abuse

You are welcome brother Mohd Raez Muzamel .....cheers

Stock

2012-07-06 11:04 | Report Abuse

Brother chieng8182, hopefully closes at $2.56 & continue tomorrow..hee, hee, hee

Stock

2012-07-16 15:52 | Report Abuse

Let's be patient brother messiBarca....btw, Europe opens in GREEN, so hopefully WCT & WB will cheong further.

Stock

33 minutes ago | Report Abuse

Think the real show will begin after 4pm, hopefully

Stock

2012-07-16 15:43 | Report Abuse

There's more to come...stay my friends & today being the 1st day of directors buying, what more in days ahead?


Cheers

Stock

2012-07-16 15:11 | Report Abuse

Go for both mother & son WB now before it's too late.

Stock

2012-07-16 12:28 | Report Abuse

Afternoon session we may be more upwards movement of both mother & son WB.....cheers.

Stock

2012-07-16 12:13 | Report Abuse

WCT people buying in larger lots & am confident that there's more upswing...stay on & monitor please.

Stock

2012-07-16 10:15 | Report Abuse

Yes, I think so brother seedoubleyousee.

Stock

2012-07-16 10:11 | Report Abuse

Yes, brother paulwongtp . we sell today we will still get our free warrants...so double bonus being today's high price & the free warrants, hee, hee, hee

And if the price of Censof goes higher, the price of our warrants will go higher too...isn't that good.

Cheers.

Stock

2012-07-16 10:00 | Report Abuse

When I told you all last week to buy when it's cheap & also got free warrants, nobody listen to my advice. Now it's high and also got free warrants , hee, hee, hee

Stock

2012-07-16 09:36 | Report Abuse

Alamak, kiasi kakis so early in the morning throwing at 0.005 cents gain when mother up by 6 cents, OMG

Collect & keep to see it goes further up.

Stock

2012-07-16 09:26 | Report Abuse

Once mother goes up, our coming warrants will go up as well....double bonus for all of us....yahoooooooooooooooo

Stock

2012-07-16 09:21 | Report Abuse

Abalone along the way, hee, hee, hee

Stock

2012-07-16 09:19 | Report Abuse

Did I lead you all to Holland of flowers & beautiful girls?...hee, hee,,hee

Stock

2012-07-16 08:53 | Report Abuse

WCT & WB going to shoot north today...queue for WB is big at 32.5 cents & next it will definitely go to 34 cents....go get it early. For WCT it will pass $2.50 today....so keep your fingers crossed and hope for the best.....cheers.

Stock

2012-07-15 19:04 | Report Abuse

WCT is going North where we will find the bonanza gold.....yes, the rush is on, hee, hee, hee

http://www.youtube.com/watch?v=Zei2KoHtT1Q

Stock

2012-07-15 18:41 | Report Abuse

Brother KC Loh , there's nothing to worry about you stealing the thunder.....I honestly & sincerely welcome you answering to our brothers & sisters questions. Some of them are newbies and they really need a lot of help & we the more experience ones will try the best of our ability to give then support & guide then whenever they need & want it. We are all here to help our whatever & whenever we can for the mutual benefit of all.

We all have invest a tidy sum on WCT & WB and I do really hope all of you make some really good money. We are not here to con anyone with GOD watching over our shoulders, I sincere believe that GOD will rewards us in so many other ways if we were to stretch out our hands to those who really need it. That's why I always emphasize those here not to simply taken for a ride by selfish people who had ulterior motives of their own. And as I always say, never to follow blindly but to do your homework before you depart with your hard earned money for as once you are caught unaware, you are definitely going to kena kau kau.

Cheers to all & as always invest with care.....yes, trade & tread with caution & care always. GOD bless you all.

Stock

2012-07-15 14:01 | Report Abuse

Wah, this WCT is the top counter here under Trending Now - Hot Stocks Today....wow, Top of the Pop, hee,, hee, hee

So let's see WCT & WB fly high soon....


http://www.youtube.com/watch?v=RM72iWami9M

Cheers.

Stock

2012-07-15 02:39 | Report Abuse

Brothers Namoyaki Takarajima & kcfan, my idea of "leading you to Holland" is a totally a different Holland all together....well this Holland is a "land of flowers", tulips especially....yes, say it beautifully with flowers for the beautiful girls ,hee, hee, hee

Let's see if it picks up after the FREE warrants issue but this article says it all.....

Kenanga Research raised Censof Holdings Bhd’s target price to 74 sen a share from 61 sen, citing better prospects for the financial management software provider.

“The implementation of Malaysia’s government service tax may provide another strong catalyst to the company given that Censof has an edge in providing financial management solutions,” the research house said in a note on Friday.

Maintaining an “outperform” rating on Censof, Kenanga raised its financial year ending Dec 31, 2013 earnings estimate by 21 percent to 21.8 million ringgit after realigning the projects completion timeframe and its margins assumption.

Censof ended the morning session 4 percent lower at 48 sen, underperforming the broader index’s 0.04 percent rise. -- Reuters

http://www.btimes.com.my/Current_News/BTIMES/articles/20120713140222/Article/index_html

Stock

2012-07-14 22:13 | Report Abuse

Censof Holdings - Strong growth potential
Date: 13/07/2012

Source : KENANGA
Stock : CENSOF Price Target : 0.74 | Price Call : BUY
Last Price : 0.475 | Upside/Downside : +0.265 (55.79%)

Back

We visited Censoft Holdings Berhad ('Censof') recently and re-affirmed our bullish view on its prospects. Management remains optimistic on its Indonesia venture with the aim to derive 20% of its total revenue from the Indonesian market in the next three years, underpinned by its flagship product ' Outcome Bases Budgeting (OBB) solutions. The upcoming implementation of Malaysia's GST may provide a strong catalyst to the group due to its edge in providing financial management solutions. Going forward, Censoft intends to grow its company via M&As rather than relying on just organic growth. Despite lacking a firm dividend policy, the group has continued to reward shareholders since listing with the latest effort being its 1-for-8 free warrant distribution. While we are maintaining our FY12 earnings forecast, we have raised our FY13 earnings estimate by 21% to RM21.8m after realigning projects completion timeframe as well as our margins assumption as per management guidance. In tandem with our earnings upgrade, we have raised our Censof target price to RM0.74 from RM0.61 previously after rolling over our valuation base year to FY13 at an average forward PER of 11.7x.

Management remains bullish on Indonesia venture. Censof's overseas revenue accounted for 2.1% of the group's total turnover of RM43.3m in FY11. Spearheaded by its recent acquisition, Praisindo Teknologi, which is 60% owned by Censof and is a leading Investment Management System Solutions provider in Indonesia, the group is eying more than 200 local councils here to provide them with its Outcome Bases Budgeting (OBB) services. OBB is an online budget solution for outcome-based budgeting and is currently used by Ministry of Finance in Malaysia. Censof is currently servicing 40 fund management companies with an access to over 240 banks in Indonesia via Praisindo Teknologi. We understand that management is targeting a RM10.0m revenue contribution from this Indonesian subsidiary in FY12 with a net profit margin of 30%. The guidance appears bullish given its still negligible revenue contribution (~RM1m) in FY11 and hence, we have not factor in any revenue contribution from it as yet in our forecasts.

GST and M&As are the growth catalysts. The implementation of Malaysia's GST (Government Service Tax) may provide another strong catalyst to the company given that Censoft has an edge in providing FMS (Financial Management Solutions), particularly in OBB services. While the GST implementation date remains vague at this juncture, we believe it will come in sooner rather than later. Meanwhile, we understand that management is currently exploring a few M&As opportunities in several South-East Asia countries but has yet to finalise any solid proposals at this juncture. Censof is of the view that the fastest way to grow company would be through M&As rather than relying on just organic growth.

Net cash and no gearing. In line with management's prudent stewardship, the group has recorded almost zero gearing since its listing on Bursa Malaysia, thus suggesting that it has ample room to gear up should the group undertake any M&As in the future. As of 1Q12, the group has RM9.9m net cash with a gearing ratio of 0.02x.

1-for-8 free warrant to go ex on 16 July. While the group has yet to set any dividend policies at this juncture, Censof has continued to reward its shareholders since its listing. For example, the group has recently proposed a 1-for-8 free warrant distribution with an ex-date of 16 July. We understand that the warrant exercise price has been set at RM0.46 per share, representing a 8% discount to yesterday's closing price of RM0.50.

Source: Kenanga

Stock

2012-07-14 22:10 | Report Abuse

Yes brother Ram Cheong, I am in since last week and waiting to get my FREE warrants too, hee, hee, hee...come Monday no more free warrants as ex date already.

BTW, don't follow too much as I am lead you to Holland, hee, hee, hee

Stock

2012-07-14 21:34 | Report Abuse

Come Monday we should see active trading on Censof keeping in mind of the new TP by Kenanga of 74 cents, upside about 50 cents....let's hope for the best...cheers to all.

Stock

2012-07-14 21:28 | Report Abuse

Let's watch out from Monday onwards to see if there's strong support buying from the directors of WC & if the support is coming from the directors, then be prepared to see WCT shoots north. As brother Ram Cheong said, come Monday we may see WCT opens at 3 to 5 cents higher & WB perhaps 1.5 cents to 3 cents higher as DJI perform strongly on Friday. So get your bullets ready.

Cheers to all & have a wonderful weekend to...stay safe as always.

Stock

2012-07-14 01:41 | Report Abuse

Brother starbabyng , there's no TP for BIMB-HA as you follow to the price of mother BIMB. If BIMB keeps sliding, the more the HA price increase, hee, hee, hee

Brother ktrader , please don't be so pessimistic but look on the positive side. All brokering house give a TP of above $3 to a top price of $3.93 cents and here you say it can't move above $2.50, OMG

Even a Trading Buy of 3 months gives a TP of $3.10 cents and are you the better analyst than the banks analysts? Please don't expect the price to shoot sky high as you expected as they say slow & steady wins the race. You can sell & as long as you make money I am happy for you. For me I am staying even with my large lots of virgin buy of WB at 18 cents. I am more optimistic & even though I am making roughly 80% I am still not selling but still give you all support by buying a little bit more each time WB price goes up.....off course the higher it goes the better it is for me, hee, hee, hee

Remember WCT is an OUTPERFORM BUY by all research houses and not a single one of them give a NEGATIVE REPORT or ask you to HOLD or SELL. What more can you ask for?

As I had said earlier next week starting 16/7/2012 the directors can buy & with a project of $360+ million and today NOT 1 SINGLE CENT UP I DON'T BELIEVE.....if other counters with such a big project surely it will shoot maybe 10 cents. I am sure the directors must have know of the 2n Quarter Report.

WCT Berhad will be in the closed period commencing 16 July 2012 for dealing in its securities pending the announcement of its results for the Second Quarter ended 30 June 2012. The Company wishes to inform that it has received notifications from the following Directors and Principal Officer of their intention to deal in the securities of the Company during this closed period.

So let's see from starting 16/7/2012 if the Directors and Principal Officer are buying & I presume they possibly are buying in anticipation of the coming good 2nd Quarter Report on 16/8/2012 with the coming declaration of dividend of around 5 cents & also because of new projects WCT received and more on the way.

If the directors are buying, then be prepared to see WCT skyrocket & we all can end "living happily ever after", hee, hee, hee

So be patient my friends as we had come a long way & let's see if the directors are lending support to their own company WCT.

Cheers to all & have a happy weekend too....please stay safe too with your family....take care my friends.

Stock

2012-07-13 19:12 | Report Abuse

Just out & a fantastic TP of $3.93 cents....Mnday we see a new high for WCT & WB

...read on please..


WCT announced that it had secured a contract from UEM-MRCB JV Sdn Bhd (formerly known as Intria Urus Sdn Bhd) worth RM391m. The scope of work includes the clearing and earthworks for highway lane widening of the existing 3-lane North-South Expressway (NSE) from Nilai to Seremban (stretching about 22km)

Comments
We take this news as a pleasant surprise. Management had earlier indicated that there are more projects in the pipeline to be awarded in the near term, which would include two packages of the PLUS 4th lane widening project. The other package of work is expected to be out in the near term and we understand that WCT has also tendered for the contract.

With this new contract award, for the YTD, WCT has already secured c.RM1.1b worth of contract in FY12. Most importantly, its order book replenishment for FY12 has slightly exceeded our assumption of RM1.0b.

Its current order book stands at RM2.7b, which could last it for the next 2 years.

Outlook
We see WCT's chances of securing another package for the 4th lane widening project above as slim at this juncture. However, there are at least another two projects that WCT is closely eyeing at this juncture, Oman Highway and KLFID. These two projects could be worth more than RM2.0b.

Its Integrated Complex is already 72% completed and it is scheduled for the official opening in April 2013. Due to competitive rental rates, WCT expects the IC will be able to turn in a profit in its first year of operation (6 months).

Forecast There are no major changes to our forecast as the contract value is within our expectation. We expect further revision on WCT's Target Price should it secure more than RM100m in contract works value for the remaining six months in FY12.

Rating Maintain OUTPERFORM

We are maintaining our OUTPERFORM recommendation for WCT with its attractive upside (+60%) to our Target Price from the current share price.

Valuation There is no change in our Target Price of RM3.92, which is based on SOP valuation.

Risks Further delays in ETP and Middle East based projects.