个人估算，
3-7-2015 除权，现价位rm1.50 ,若维持此价,红股后价位为rm1.00
从warrant转换价rm0.92 看,warrant上市最低都有rm0.20吧,
7月底的美丽业绩和股息会是支撑股价,目前时候还是进这种出口股安全.
供参考.

rm2.93 buy in.

homeriz,0023,7252

Teo Seng Capital puts Sungai Linggui layer farm on hold Tuesday, 30 June 2015

MUAR: Teo Seng Capital Bhd has put on hold its layer farm in Sungai Linggui in Kota Tinggi and will instead focus on developing five new farms in Yong Peng, Batu Pahat.
Chairman Lau Jui Peng said the feasibility study found that it was not viable to develop the Sungai Linggui farm at this point in time.
“The management sees that it is more cost-effective to open new farms in Yong Peng if we want to increase our daily egg production,” he told StarBiz after the company’s AGM recently.
Another reason was that the new farms would be located near the company’s existing facilities such as the feedmill and paper egg tray plants.
According to Lau, the company would be investing about RM200mil within the next four to five years to open the five new layer farms.
The investment is part of its strategy to position the company as the largest listed layer farming entity in the country.
“When the Yong Peng farms are fully operational, we expect to increase our daily egg production from 3.5 million now to five million eggs by 2018 or 2019,’’ he said.
The company has almost 20 farms in Batu Pahat with over 4.5 million layer birds and with the five new farms, the number of birds would increase to 6.5 million.
Managing director Nam Yok San said with the new farms, the company expects to increase its eggs export to Singapore to between 40% and 45% from between 30% and 35% now.
Malaysia, said Nam, remained an important market given the good demand for eggs, plus the fact that the price of eggs has stabilised in recent years.
“Malaysia has one of the highest egg consumption per capita in the world at 365 eggs yearly as it is among the cheapest sources of protein,” said Nam.
For the financial year ended Dec 31, 2014, Teo Seng Capital made a net profit of RM48.79mil.
In 2013, the company made a profit of RM23.37mil.

Source From: http://www.thestar.com.my/Busine ... layer-farm-on-hold/

good share

26-3-15 价位 rm2.21 ,rsi=81% 经过3个月出的调整,
于30-6-15 价位 rm1.50 ,rsi=15%
Teoseng 7252 rm 1.50 是时候进入了.
--集团已搁置哥打丁宜蛋鸡场计划.
--以专注发展其在yong peng的五个新农场。

未来成长依然在.

7252 teoseng rm 1.56 buy in,2015年估计有 eps=rm0.15 ,pe=15 ,价位=rm 2.25
--这是此股的常态,丢到你怕,然後又慢慢来起回,最迟8月份的Q2 会回升,公布不错业积与股息(最少3 sen),另3sen 于Q3时11月公布,现只是以2015年eps=rm0.15 算,pe=10 倍交易,价位明显低估了,快乐旦现价rm1.50 正在大平賣,哈哈！别忘了鸡旦是每天必吃食品,人类主要旦百质耒源,没有市塲问题.

7252 teoseng rm 1.56 buy in

老板不断買回公司股票,丰衣呀.

I believe can rebounds tomorrow, haha

[转帖] 抱紧IFCAMSC 竞优国际 (0023) - KLSE 游击队
2014 is just WARM UP, 2015 is SHOWTIME目标价：RM 1.50

时间： 6个月


IFCAMSC是游击队的老大于去年12月30日在槟城某家投行的高级客户分享会上强烈推荐的唯一一只华人农历新年红包股，而近期的走势还真的比我们预料中还要强势得多。

原本昨天早上在打算写这篇文章时，标题是“缩量是机会”，结果它奶奶的熊竟然放量强势跑了上来，无奈~ 不时身边的股友会问到该买一只什么性质的股票？在游击队常使用的选股策略里，就是买一只“越跌越会涨的股票”。而IFCAMSC就是其中一只在近期（去年10月和12月）马股下滑后反弹中证明了它是属于这种性质的强势股！

基本面
- 大马和亚洲房地产软件供应商的领航企业、全球最大的专业房地产软件开发及管理咨询公司之一。
- Market Capital: RM 504M, Share Issued: 485.162M。
- Net Cash company, 手握现金高达RM 34.7M 。
- 首家获得大马政府认可的产业软件公司。
- 客户包括：Sime, SP Setia, IOI Property, E&O, IJM, Ecoworld, Genting Mahsing, Sunway等大型产业公司。此外，就连新加坡和中国最大的产业公司：凯德集团与万达集团也是该公司的顾客。能够得到这些产业老大的青睐，相信IFCAMSC的软件绝对有着一些卖点。
- 最新Net Operating Margin 高达35%。
- 管理层依然非常积极地为公司寻找与开发更多商机。

魅力何在？
- 相信很多股民是因GST才认识IFCAMSC，游击队也不例外。翻开近期Q3的季度报告，盈利暴增主要归功于来自中国业务的贡献，GST的营业额只占了14%。这也是说None-GST business 86%, GST 14%。
- Q3季度报告中有提到GST的销售贡献只不过才“刚刚开始”，加上符合缴费GST的公司都必须在2014年12月31日前注册，放眼接下来的季度报告“有看头”！
- 业务的性质，营业的费用不会因为业务迅速增长而提高，使得该公司可享有更高净营业利润率。
- 总值RM 37.8M未进账订单合约将在接下来的季度报告(Q4)中反应。
- 2015财年销售预计获得达RM 130M的销售合同（中国，印度和大马市场）。2014财年销售额首9个月为RM 58M。
- 已经在和一些印度公司商讨，为于印度进一步的发展做准备。若成功收购进军，这将成为该公司另一个收入引擎。
- 预计2015年GST会计系统升级获得RM 20M销售额。
- JPMorgan Chase & Co（摩根大通）和Merrill Lynch（美林证券）近期入股IFCAMSC。
- 已提呈20-30% dividend payout policy的建议，不排除未来几个月会提呈申请转主板或是一些M&A企业活动。

技术面
- Support RM 0.93。
- 依然处于强烈上升趋势。

后语
你或许会质疑这只股票一年最低价格才RM 0.075，股价至今已涨了10多倍，是否贵了？游击队个人觉得，当一家公司的业绩与盈利是属于高于45度向上冲上去时，股价随着大幅度上升来反应公司的基本面表现是绝对合情合理的。

共勉之~

2015 eps=rm0.08 ,pe=23,股价=rm1.84 ,止损价=rm1.20,供参考

2~7~15 后出可得股息,丰衣足食的曰子己來到,进入与守住是良策,tp=rm1.80

（吉隆坡22日讯）竞优国际（IFCA MSC Bhd ( Financial Dashboard)）执行主席兼总执行长Ken Yong Keang Cheun一再向投资者力证公司最坏的情况已过去，因而促使该股回升9.6%。

截至4时05分，竞优国际上涨12仙或9.6%，至1.37令吉，成交量为2942万5000股。

竞优国际近期的股价走势宛如过山车，该股自1.84令吉的高点跌一度挫至90.5仙。

竞优国际去年更是亚太区表现最好的科技股项。该公司截至2015财年的首季净利飙涨2200%至969万令吉，上财年首季仅录得42万1000令吉。

2015财年首季营业额也由上财年的1369万令吉，劲扬134%至3198万令吉。

在公布首季业绩的两日后，竞优国际宣布其总财务长Voo Lip Sang于5月22日离职，即日起生效。

据《The Edge》财经日报上周五的一项访问，Ken Yong Keang Cheun重申竞优国际的表现不俗，同时该公司也制定了区域扩展计划。

他指出：“市场传闻指竞优国际前总财务长因做假账而离职，有鉴于此，我们2015财年首季净利才会如此标清。试问若我们真的做假账，总财务长不可能会签核账目，这些全属揣测，Voo Lip Sang离职的主要原因是创业。”



（注:The Edge Research基本面分数和估值分数均根据历史数据计算。基本面分数反映公司的获利能力和资产负债表实力，估值分数则决定股项估值是否具吸引力。3分意味着基本面强劲和估值吸引。）

Rm1.33 buy more

Future Plan
The E-commerce concept is impressive as it enables linking the developer with customers. Personally I think this will save time for both developer and purchaser. However, some big developers might still prefer having the crowd in their office as a marketing gimmick to show the public that their property is selling like a hot cake.
IFCA has the strength of integrating its new products to the existing ones. For instance, booking received will be linked to developer’s accounting module. This will definitely save time and cost. Ken Yong’s blue print is to integrate all the modules including accounting, costing, marketing, budgeting, contract as well as purchaser.
However, I think IFCA will hit speed bump on Q2 as one-off sales of hardware and software especially on GST related products have been almost fully recognized. As property market slowing down, I think it is a right move to launch SAAS and E-commerce as developers will tighten their belt and hold back capital expenditure. In longer term, I have confidence that IFCA will be a regional player in software solutions.
IFCA is still expanding. A cross check to jobstreet.com.myshows that IFCA Malaysia is hiring.1 There are 6 postings on the job hunting site and looking to fill up 25 positions. IFCA China’s website also showed that they are hiring but the number of position is not published.2
Conclusion
The board has cleared the air on a number of concerns including on the accounts as well as CFO, and in relations to their future plan. For me, my confidence has recovered 80% and remaining 20% which is the board integrity (their response on share price plunge). This 20% will determine whether I will hold this stock as long-term investment.
http://job-search.jobstreet.com.my/malaysia/company/ifca-msc-berhad-jobs/
http://www.ifca.com.cn/uabout/about7.shtml

You, as the captain of the ship, can you provide us the shareholders as your passengers, some comfort as we are sailing through rough sea.
Me as the captain of the ship, will assure you that we will sail through it. I am confident with Indonesia market once we complete our acquisition, it is a market with close to 290mil population and 5000 developers. Together with China market, we will perform well. Going forward, the emphasis is on the cloud, on-line world. We do not need to be as big as Alibaba, but want to be the Alibaba of property software company!
During the meeting, there was one lady commented on share price drop and “scolded” the board, saying that she just want to scold the board on behalf of her friends who lost money in IFCA. She then made a comment saying that IFCA has realized their one of two promises which is on distributing dividend and now how about the second promise which is when is IFCA going to main market?
DC: Currently we are focusing in completing our corporate exercise for Indonesia acquisition. We will have our EGM upcoming and after that we will need to talk to our advisor before any decision is made.
KY: What I can assure you is, it is still on track. We are looking at either end of the year or beginning of next year.
MY OPINION:
The Management
Overall, the management answers all the questions from the floor and this showed their sincerity. Ken Yong assured a few things which I think is very important. Firstly, he assured that management do not cook the books. He also hinted that this year they will do better than last year. The doubt on the company’s accounts and CFO issue also has been assured that it was merely on personal issue. DC is the MC for the AGM and I think he did pretty good job. He has good presentation skills. Everything (presentation) went smooth and his speaking skill is legit too. I can understand why Ken Yong moved him to profit center.
However, I have some reservation on the management as it is obvious that they do not know how to engage public relation and investor relation properly. I was working as investor relations for a short period of time and I understand that whenever there is a plunge in share price, investor relation department should pull out the shareholdings structure and investigate who has sold down the shares. Once the selling parties have been identified, the company should contact the investor/fund asking reason that they sell down. In this case, the board’s answer was they were not aware of who sold down beside some foreign fund exiting the country. To me, it is either the board has something to hide, or they are really bad in investor relations. Huge plunge in share price is sending negative signal to investor community as huge fluctuation in share price translate to higher risk. I also was told that IFCA has just hired Investor Relations Company as their advisor. In other words, they outsourced their investor relations department.
They also seen as inexperienced when handling the resignation of CFO. To recap, on 22 May, IFCA announced the resignation of Philip Voo from his position as CFO, without naming the successor. This sent a knee jerk reaction and share price dropped from 1.62 to 1.38. Good thing was they immediately rectify the mistake by naming the successor (Daniel Chow).
A shareholder who is experienced in investor relations that I met in the AGM told me that it is risky that Ken Yong put a timeline on transfer to main market. If there was any press in the room, he or she would pick it as a headline and would send the share price flying. Security Commission would clarity that no submission has been made from IFCA and share price could plunge. Bursa would issue another UMA to IFCA.
Future Plan

DC: I have been in IFCA for many years, and in 2012 I happily accepted to job as CFO. The thing is, my boss saw my potential in helping out in GST. In fact my sales in GST on individual basis is highest in the company. Hence my boss made a move to transfer me to Education & Training division. I left not because I was unhappy, but because my boss saw my potential and transferred me. Philip left was because he wants to focus in his own business.
KY: (sigh) It is not easy to be IFCA’s CFO you know. The CFO has to identify potential staff and also deal with hectic job at the same time. And yes we saw potential in Daniel as he is so good at talking at road shows. He not only bring sales to the company but profit as well. Hence we decided to move him from cost center to profit center. However, that move backfired when Philip left but I still think moving Daniel (to profit center) was a good move.
UHY (the auditor) is growing and we do not change auditor all the time. And we assure the shareholders that we do not cook books!
6. When are you going to launch SAAS and E-commerce?
KY: We have launched SAAS in May 2015 but still fine-tuning it. We are targeting to launch E-commerce by Sept 2015.
7. What is your planned Capex for FY15 and FY16? I noticed that you have spent RM2mil in your Q1FY15.
KY: Our budget for R&D is RM10mil per year. We have other products in the pipeline. For example, we are developing module for project marketing, as well as project budgeting. In our module, client can plan on project tasking as in who responsible for which task and so on. We also plan on contract module. We want to up-sale our product to our existing customers.
Other questions by other people:
How are you going to move from outright sale business model to recurring sales business model as this has not done before (by IFCA)? How are you going to sail through this transitioning period?
KY: Yes this is a transitioning period for us. Just to show you guys some numbers. For E-commerce and SAAS, the addressable market is this: For example, in Malaysia we have 2600 developers. To be more conservative we are assuming 2000 developers. With RM10k per month for the package, we have RM10k x 12 months x 2k developers, addressable market is RM240mil. Say if we manage to get 1k developers, it is RM120mil.
What was the reason for the plunge in share price from RM1.8 to RM0.78 in a span of 1 month?
KY: What we understand is that there were a few funds exiting Malaysia market. We cannot control share price. What happened was there were people shouting “run!!” and the rest started to run without knowing what’s happening. I also puzzled by the plunge. We rather focus on day-to-day business, our SAAS, as well as E-commerce. For instance, to make shareholder comfortable, we have to bring forward our plan to launch E-commerce. We had planned to launch it next year but now we have to bring it forward to somewhere in September 2015.
Just to give u another example, for SAAS, we are targeting smaller clients. For now, our system sale to our smaller client is in the range of RM70k to RM80k. But now we want to make from them RM70k to RM80 per year! Is it possible? With bundling of E-commerce and SAAS, It is possible! This is because smaller developers do not have budget to create their own E-commerce site. Those big developers and design their own but these smaller once don’t. Hence we can provide values here.
In terms of result, I can’t say much but all I can say is we will do better compared to 2014. Some people said that we are GST Company, but in fact we are not. We are so much more than just a GST Company. In fact, GST only contributed about 20% to our revenue.
DC: in terms of foreign shareholdings, as at 12 June, it was 16.48%. Compared to date of annual report in April, it was 2.8% drop.
How are you going to compete with companies like iProperty, Property Guru and etc who have been in the market for long?
KY: We are in fact in the market longer than them. We are in a unique position as our E-commerce platform will be able to integrate with our accounting system and this is our competitive advantage. What we want to do is up-sale our products and integrate our modules.

IFCA AGM on 19 June 2015
Posted on June 20, 2015 by scuttlebuttinvestments
IFCA AGM 2

The AGM started off with presentation by CFO, Daniel Chow. Besides on those charts showing the summarized performance of the company that can be found in the annual report, a few key take-away notes are as below:

Software licensing grew from RM22.807mil to RM44.716mil and this will lead to higher maintenance sales in the future.
There are approximately 45,000 developers in China and so far IFCA has more than 100 clients spreading across 15 cities. This including some big names like Wanda Group and Country Garden.
IFCA’s future plan is to extend their client reach in China and to promote E-commerce to clients (property developers) with an objective to serve their customers (property purchasers).
Darren, who is Daniel’s colleague ran a presentation on E-commerce site which is named “Property 365”. It is a platform that links property developers & agents with property purchasers. This platform allows online booking and bank transaction. Basically a purchaser can select a location on the map displayed on the website or even circle a desired location on the map and new launches on the selected location will appear on-screen. Purchaser can hence select preferred project and view the details including layout (2D as well as 3D). Purchaser can proceed with unit selection then make a booking and followed by making payment. Once the purchase is completed, purchaser can trace billings as well as statements online.

Q&A session:

Below are the excerpt on Q&A session. Below are the questions that I asked in the AGM. My apology on the incompleteness of the Q&A as I can only recall with my memory. Next time I will bring a recorder for more complete sharing.

DC as Daniel Chow, CFO.

KY as Ken Yong, Executive Chairman.

1. As property sector has been slowing down, there are some developers are/will be facing cash flow problem. What is your plan to tackle this in terms of receivables? Based on your annual report, you made impairment of RM1.25mil. Does the company request bank guarantee from new customer?

DC: Impairment of receivables is common in any industry. We had to provide impairment last year because of isolated incident where this particular client in Sabah had changed in their management as well as shareholder.

KY: We don’t request bank guarantee from customers but we do request upfront payment of 30% from them before we start a job.

2. IFCA has been growing rapidly for the past 1 year. Do you have sufficient capacity to cater your growing numbers of customers and how do you maintain the quality of customer service?

KY: Yes we do face staff shortage recently and you might hear some complains from the customers in terms of customer service during this GST implementation period. We have our relationship manager whereby each of them servicing about 40-50 customers in their portfolio.

3. What is the progress in terms of identifying new customers in China and Indonesia for the year to date?

DC: We cannot engage customer in Indonesia until the acquisition is completed. For now, due diligent is ongoing and we will hold EGM when the time comes.

KY: We do not spend money to advertise on newspaper. What we do this we go on road show and organize seminars. This is how we start off in Malaysia and we do the same in China.

4. How confident is the board in replenishing the sales for software application of RM44.7mil and Hardware, networking & operating sales of RM13mil for FY2014 in FY2015?

KY: We are going to launch E commerce and in fact we have launched SAAS in May 2015. In terms of pricing we are still fine-tuning in as the some of the feedback that we collected is that it is too cheap. We are still working on the package.

Daniel Chow answered me individually that hardware sales are normally one-off and last year developers have the budget to do it. (Someone approached him and he left).

5. Historically, IFCA has changed CFO for 4 times in the span of 3 years. In 2012, from Mr. Lim Chin Fai to Jeannie Teh, and she left after 2 months, replaced by Mr. Daniel Chow. Then in Dec 2014 to Philip Woo and subsequently he left and replaced by Mr. Daniel Chow (again). IFCA also changed auditor in year 2011. It is hard to blame someone for linking the dots and have a bad impression on IFCA. How do you address this?

股息7月发布，8月派送吧。

Rm 0.27 buy in

RM0.285 buy in

Buy more rm 1.45

IFCA基本面强稳和前景亮眼，加上股价遭受的卖压相信已结束，建议投资者趁低吸纳该股。
公司在5月推出SaaS（Software-as-a-Service，软件即服务），相信这将在我国带动潮流。
同时，印尼80%的发展商都在使用IFCA的软件，一旦这些客户转向SaaS平台，将为公司带来庞大的盈利潜力。
因此，预期印尼市场可为公司捎来更多贡献。
分析员预计，SaaS今年的每月订户数量可达50个，但可在明年提高至每月300个。
IFCA股价已跌至谷底，而且下财年本益比仅9.1倍，分析员因而维持“增持”评级，建议投资者趁机累积该股。http://www.nanyang.com/node/707419?tid=462

ifcamsc 0023 rm1.12 buy in

对,这种公司何必计较1,2分 ,直接買进等丰衣足食了！

1.38 加码

Rm 1.48 从新出发,恭喜破了阻力rm1.45 .買的安心,收的放心,看的开心.

看到美丽的未來

Rm1.44 buy more

rm2.12 buy in

Rm1.79 buy in

Rm2.06 buy in

Rm2.21 buy in

Rm1.88 buy in

网友 storm的分享--
现在就来说一下为什么那么看好liihen，（虽然不排除大家是跟风管老和余大），相信大家都是看到那么吸引人的基本面才买入的。
去年的annual report表示
1，去年的美金average price是1：3.24。
2，美金每增加5%将会带来2百多万的net profit（2014年）
3，公司的94%交易用美金结算。

这代表什么呢？
1，2015年过了5个月，美金没有低过3.5，average price大概为1：3.6（增加了11.1%）
2，无论美联储何时升息，对liihen都是好事。

推测一下liihen今年的业绩（个人大胆的推测）
1，revenue 将会超过 rm450million（去年为397million）
2，profit margin 为 10%（去年为7.2%）
3，net profit 为 45million （去年为 28million）
3，红股前eps为75仙（去年为47.96仙）

红股前eps75仙，pe8.5，target price 为rm6.375
（不包括已知的10仙股息，还有未来3季预料为每季6仙的股息，外加红股消息）

由于--1)下半年至明年都是亮点,美国经济回穩,升息时美元会走高,
股市榮景旺,消费意願强,大大刺激出囗业,利惠家私股.
2)保守经济放慢算,每年也有24～30 m,eps=rm0.40~0.50 ,pe=12 ,
share price=rm 4.80~6.00 ,rm 4.53 ,dy=4.5~5% ,实为好股一支！
3)有某前辈的进驻股东,可以看守管理层更好营业了,LIIHEN将更出色,
这次旅程由某前辈领航,从16-12-2014 的RM2.56开始,一路上只是休息,
没有回返,一直到今天 3-6-2015 (RM4.67),终点不知道在那里,看到幸福的未来,
安心坐稳吧,哈哈.
我的估算Q2(8月) share price=rm5.00
Q3(11月) share price=rm5.50
Q4(2月) share price=rm6.00
供参考,进出自负.

Liihen 7089 RM4.50 进场，未来丰衣足食。
1)公司于5月的Q1 2015 业绩很好，赚了 1074万，Eps=17.9sen ,nta=rm3.32
若下来Q2,Q3,Q4都有720万(EPS=12SEN),则全年可赚3234万(EPS=53.9SEN)
现RM4.50只是PE=8.3 在交易,明显被低估了,合理的PE=12,价位=RM6.46
2)公司为每季派息,Q1派送6SEN(1-7-2015)和特别息4SEN(27-7-2015),若Q2,Q3.Q4也有
4 SEN,全年共22SEN,现RM4.50 算,DY高达 4.8%,是很好的收息股.
3)于31-3-2015 LIIHEN 的债务才2399万,公司有CASH 5959万,相等于每股99.3SEN
每股净现金达0.59SEN.
4)取自射手座兄的分享--
利兴所拥的子公司-利兴种植。（拥有72%）.
30年+30年15，000英亩的森林+橡胶开发权，股数只有6千万，相信3～5年后，
现在这样的股价难以“负荷”EPS的增长。
5)30大股东已持有65.6%（39360张），市场流通量只有20640张--(31-3-2014的资料)
30大股东已持有71.69%（43014张），市场流通量只有28.31%(16986张)--最新31-3-2015的资料,和去年比多了6%.

6)一般上大股东最乐于在公司净利好时进行，如红股，拆细或派特别股息等，值
得期待。(己进行了,哈哈)
7)公司的赚副有9.6%，同行中算是标青的。
8)过去11年，2003至2014年财政年，每年赚钱，基本因素好，美元汇率走高对净利表现有
利，随着美
国QE在年底结束，资金回流，美元的走势是强稳的，这对公司是利好。
9)家私股中，论股息，管理，竞争优势，赚副，资产，股东回报率（ROE=15.69),诚信度，
成长前景
，风险性等因素，LIIHEN 绝对是投资者的首选股，公司的潜在价值好，将会是一只黑马股。
10)以上都是股价上升之催化剂，个人推算与整理，进出自负
liihen 会发红股吗?--
2004年至2014年,10年的时间己使liihen变得更强大,美丽的资产负债表,

公司股票数量6000万股,由每股一元面值组成,股本为6000万,
从公司的财政看,发2送1红股是在能力内,因公司多年没增加股数了,
为了報答股东与加强股票流量,发红股机率大,就看大股东要不要,
我是进来当收股息与资本升值,我想伩市场上的票不到1万7千張,当更多人发现
liihen提供的投资机会时,真的是越買越高,趁现在低,早点进货,等待丰衣足食.

7089 liihen 利興工业 rm 4.50 再次拥有。
跟官大師同船,省下许多分析,他有分析師定时跟进持有的股,
有充足资金逢股价低加码与支撑,之前许多人对公司诚信没把握,从官老爺入股笫二大股,
这对公司是信心加分,未來股息派发可增加,管理上将更加出色,今年股东大会也许会见到官先生
(如vs 一样),2015 年eps 个人估计达rm0.50,pe=12 ,股价=rm6.00 ,红股派发机会大.
Eps=rm0.50,只属保守算,rmo.55~0.60不会出奇,美元走高,销量增加,选 Liihen为良策 ,10 sen股息 拿先,
资本增值在后！将捎來佳积,丰衣足食.
供参考,进出自负.

由于2015年Q1业绩只赚52万,股价由两个交易前的RM0.625下跌至RM0.305闭市,如Q2业绩有回升机会,股价将会回稳,公司有不错的基本面,淨現金公司，約3千300萬令吉淨現金，相等於每股7.71仙，無任何貸款。有資格成為馬股創業板中的頂尖公司之一，有很大的希望晉升主板。
2014年業績，企文營業額達1億8千609萬7千令吉，按年揚8.66%，淨利則飆升近12倍至創紀錄的1千185萬5千令吉淨利,现价位RM0.305是机会吗?通常恐惧出售后都有回弹的出现,见仁见智了.

next week will rebond,haha

Kesm 科技9334 Rm3.54是机会吗？
1)本益比pe=11.8 倍,为科技股中最低的一支.排第一
2)毎股净有形资产Nta=rm5.81,为科技股中最高的一支.排第一
3)科技股中股价为笫3高,排在mpi,gtronic之后.
mpi- pe=16.7,价格rm6.98,nta=rm4.21
gtronic-pe=24.5,价格rm5.88,nta=rm0.99
vitrox-pe=14.7,价格rm3.44,nta=rm0.79
unisem-pe=20.2,价格rm2.47,nta=rm1.59
4)股数为科技股中最少的一支,只有431040 lot(43104張,每張为1000股),
14/05/2015当天成交7700lot,价位上升rm0.46 足可见识,爆升机会排第一.
5）许多科技股因净利的提升,股价己上升且超过他们的nta,随着kesm科技完成收购
kesn test后,公司接下来净利将进一步上升,股价也会跟着上升,知道公司有每股净现金
rm1.09和nta达rm5.81作后盾,股价上升只是时间的早或晚.
6)美国科技股nasdaq指数(5106)的走势依然好,将带领本地科技股的前进.
7)冯大师几年前也持有kesm过,可见公司的基本面与素质不差.
8)公司可在半导体领域復甦以及轻巧型电子产品日益普及下获得更多商机。
汽车电子产品领域前景亮丽，KESM科技将增加用在自排车中，自控系统微晶片的测试设备。
只供参考,进出自负.
--
冷眼持有的股票


发表于 18-5-2011




2,000,000 unit MBSB
1,529,000 unit CEPAT
1,010,000 unit KRETAM
900,000 unit CSCSTEL
800,000 unit ZHULIAN
730,000 unit FACB
660,000 unit PLENITUDE
390,000 unit CHOOBEE
380,000 unit TDM
345,000 unit KIMHIN
300,000 unit NCB
100,000 unit KESMI
82,000 unit RCI

机会进入 rm 3.52

全球半導體產業營收增長7.9%
行業：電子元器件 信息來源：中國信息產業網 發布時間：2015-04-02
打印轉發關閉
全球半導體產業營收增長7.9%

Gartner近日發布初步統計結果，2014年全球半導體總營收為3398億美元，與2013年的3150億美元相比增長7.9%。
　　
　　前二十五大半導體廠商合並營收增長率為11.7%，優於該產業整體表現。前二十五大廠商佔整體市場營收的72.1%，比2013年的69.7%更高。
　　
　　Gartner研究副總裁Andrew Norwood表示：“就群體來看，DRAM廠商的表現勝過半導體產業其他廠商。這股趨勢始於2013年DRAM市場因供給減少及價格回穩雙重因素而蓬勃發展並持續至今，2014年營收也因而增長31.7%。有別於2013年的一些重要類型的設備營收均出現下滑，例如專用集成電路、離散元件與微元件等，2014年所有類型的設備均實現增長，但內存市場尤為出色，在2014年增長了16.9%。若將內存營收排除，則該市場其餘部分的增長率為5.4%，仍大幅優於2013年的0.8%。”
　　
　　2014年英特爾在連續幾年衰退之後終於觸底反彈，實現了4.6%的增長。該公司在2014年對自身進行重組，重新劃分為五大事業部，其中數據中心事業部仍是該公司最穩健的單位。英特爾無意外應可達成其2014年4000萬平板處理器出貨量的目標，但這些處理器均以極大的價格折扣作為誘導因素。在PC方面，英特爾依然繼續蠶食AMD的市場份額，Gartner預測英特爾在2014年筆記本電腦與臺式機的出貨量將比2013年更高。英特爾已經連續23年位於市佔率第一，2014年亦取得了15.0%的半導體市場份額，但與2011年的巔峰16.5%相比仍略顯遜色。
　　
　　Norwood指出：“2014年DRAM營收將高達460億美元，並且改寫了上次在1995年所創下的歷史新高。不過，若就半導體市場所佔比例來看，DRAM只佔2014年營收的13.5%左右，僅為1995年所佔比例27.9%的一半。”
　　
　　SK海力士與美光科技是內存市場強勁增長的最大受益者，在十大廠商中增長最快。DRAM市場的蓬勃發展使得SK海力士連續第二年營收出現大幅增長，DRAM約佔該公司營收的80%左右。
　　
　　2014年美光科技41%的增長率使得該公司排名晉升一位。該公司在2013年並購爾必達使其成為前二十五大半導體廠商中增長較快的公司之一。美光的DRAM業績因其Fab7（從生產DRAM轉換至NAND以適應並購爾必達之後的產量調整）而使得表現略遜於整體DRAM市場。
　　
　　2014年，各大廠商之間的並購比前一年明顯更為熱烈，其中最引人矚目的當屬Avago科技並購LSI，該公司因而首次登上前二十五大半導體廠商排行榜。此外，晨星半導體在經歷了漫長的過程之後終於和聯發科技合並，另外還有ON半導體並購Aptina Imaging。在通過並購的調整之後，前二十五大廠商的營收增長率超過10.0%。

简单看看 kesm科技在中国的公司1)(扬州凯尔斯迈电动器材科技有限公司)生产电动车,
老年休闲电动三轮车,多功能可折叠手提四轮电动旅游休闲车,箱包车,代步车,电动货三轮
电动滑板车,其他非机动车 ,公司介绍
扬州凯尔斯迈电动车业有限公司成立于1997年，2005年起研发生产四轮代步车、新能源节能环保电动轿车，
系一家民营科技型、节能型、创新型企业。企业法人代表王永娟，公司主要产品为新能源环保电动轿车、
微型电动四轮旅行箱包车、健身器材等。公司占地近200亩，拥有生产装配流水线和涂装自动线等设备。
公司被评为AAA信用等级，已通过ISO 9001 ：2008国际质量认证；凯尔斯迈新能源节能环保电动轿车拥有多项专利
，主要优点：零排放、环保、节能；已通过EEC权威认证，获得在欧洲27国销售通行证。
多次参加了国内外进出口交易会，深受中外客商亲睐。
2009年12月7日“凯尔斯迈”新能源节能环保电动轿车作为中国唯一节能环保产品入展了哥本哈根联合国气候变化
大会第15次缔约国大会“世界节能产品展”，在全球范围内获得了良好反响。目前“凯尔斯迈”新能源轿车，
主要销往欧洲、南美洲、英国、法国、德国、芬兰、丹麦、奥地利、匈牙利、意大利等国家和地区。
公司正与国内科研院所和欧洲公司开展技术合作，与清华大学、江苏大学共同合作，研发电机效率及电器控制技术
，同时研发电动车的轻量化结构。现已开发了电动皮卡、纯塑料一次成型外壳（采用特殊塑料有多项专利技术）
的电动轿车，已进入小批量及国外认证阶段，计划2011年几个品种款式全面投入批量生产销售，在技术上是自主产品
，同时也是政府、开发区重点支持企业，在3-5年内建立年产6-10万辆规模的新能源（电动）轿车研发制造基地。
http://www.nengyuan.com/p/201310 ... 01611111109250.html
http://www.huquan.net/detail/1930613.html
http://www.metalnews.cn/price/show-2212009-1.html
http://yzkesm.800400.net/introduce/
2)科仪工业(天津)有限公司;
科仪工业（天津）有限公司是马来西亚KESM投资、新加坡Sunright集团控股的独资企业。
自1978年成立以来，KESM一直从事电子制造业，特别是为半导体行业提供“老化”测试服务。

http://www.jobui.com/company/1387675/

个人觉得环保意识的提高,这类电动车有前途.

9334 Kesm 科技 rm3.54 进入的原因--
1)kesm 科技擁有強穩的資產負債表，截至2015年1月底公司现金有1.36亿,借款为8897万,淨現金達4700萬令吉,
每股净现金为rm1.09, nta=rm5.81(现股价严重被低估了) ,roe=5.1
2)Kesm主攻个人电脑、平板电脑、智能手机和汽车这4大领域的晶片与测试业务。
在全球营收规模首十大半导体厂商当中，跟kesm有生意来往的，占了6个.（Intel, Samsung, Qualcomm, Micron,
Toshiba and Texas Instruments.）执行主席兼首席执行员林信赐表示，
该集团预料汽车晶片需求将加速。他说，自动驾驶汽车预料将在未来10年内冲击世界市场。
“因此，晶片需求预料将在未来数年大幅增长。
4）KESM科技的主要业务是电子零件生产，收购了KESM Test后，就可涉足汽车的电子零件业务。
随着汽车里的电子仪器越来越多，所需的电子零件也越来越多，且需要更高科技的测试设备。
其中一个就是司机驾驶辅助科技。目前这系统将被整合到一个晶片，所以，是半导体领域亮眼的增长前景，
而该公司已经有了相关的专业知识和领导地位。公司大部分净利来自kesm test,也难怪收购成功后,股价开始向上走势.
5)买股看公司的未来是否成长，净利多少等，当可见度变得清晰，投资风险相对变小，
股价也将呈现上升势头，kesm 会是不错的选择。
6）公司诚信度是很好的，因此数据造假应该不会发生在这公司上。
7)30大股东已持有78.68%（33845张），市场流通量只有9169张(21.32%),总股数为43014張.
大股东己持 53.49% .kesm现提供的投资机会,真的是越買越高,趁现在低,早点进货,等待丰衣足食.
8)kesm 绝对是投资者的首选股，公司的潜在价值好，成长佳,将会是一只黑马股。

9）估计2015全年eps=rm0.30 ,合理的pe=15 ,股价=rm4.50
10）kesm科技己完成收购kesm test股份,将增加40%的净利,相信2015年Q4,2016年可显现成長净利,因此现是进入良机.
目前rolling 4 quarters 的eps=rm0.29 ,如果2016年eps增加40%,到时eps为(rm0.29+rm0.11)
=rm0.40sen ,取pe=15倍,股价可达rm6.00
11)目前kesm的股价=rm3.53 ,用eps=rm0.30算,只是pe=11.7倍在交易,比较其他科技股后,明显被低估了.
12)有大股东sunright 作为强大的后盾,可保立足于市场且看好前景.(http://www.sunright.com/eng/index.htm)
只供参考，进出自负。
http://www.kesmi.com/
正确机率多才能成功
所以，总括一句，我们只是平民散户，通过本身对投资的喜好和研究，希望（努力）在股市中挣到不错的回酬，
什么大师专家，受之有愧，不必对号入座。
不论我们做什么决定，都会诚实的面对结果。投资组合不是考试，不能每次要求一百分。
这三年多来，我们确然做了一些低级错误，不过也做了更多的正确决定，所以我们才能获得如此不差的成绩。
现实生活里，错和对总是交叉发生，每次都做对，不叫“成功”，那是“完美”，是每个人追求的境界（却不大可能达到）。
成功的投资者，只需要把正确的投资机率更多发生就是了。
取自于--http://klse.i3investor.com/blogs/golden_years/55570.jsp

kesm 技术图美,无阻力,看到幸福的未来了.

享受着四连升的homeriz 5160 家丽资
homeriz有些像但规模比latitude小许多,最重要是市场票不是很多,
交易来,去就可拉升价位了,这兩天交易量只2.266m和1.942m 就上升7sen,
足以见证,記住有回調也不賣,反而有钱可再进.己连续上4天了,homeriz好强.
家私股中，论股息，管理，竞争优势，赚副，资产，股东回报率（ROE=21.5),诚信度，
成长前景，风险性等因素，homeriz 绝对是投资者的首选股，公司的潜在价值好，己是一只黑马股。
homeriz提供的投资机会时,真的是越買越高,趁现在低,早点进货,等待丰衣足食.

受益于a)强势美元. b)欧洲,澳洲,亚洲经济向好，人民消费意愿提高。
c)新建房屋回升。冷眼大师的投资组合中，都是选具有稳定派息和业务成长的公司，
homeriz具备了这些条件，从大师持有许多Latitud,Pohuat,Hevea 的股票，莫非看到
家私股未来几年的前景好。因此出口导向为主的公司，在往后几年会是抗跌性强的
股项。有很好资本增值的机会。homeriz2015年的净利有望创下历史新高，股价上升
是很自然的事，毕竟homeriz被大家冷落，忽略许多年了，今日是时候认真来看待
homeriz的价值与潜能了。与大家共勉之。
个人推算与整理，进出自负。
现在只是家俬业的中期復苏，路还很長，也有很好的机会，进homeriz 可固定收股息,
并享受到资本上升,任何的投资都具有风险,我觉得这个股风险小,
今天再次加码了,哈哈
正确机率多才能成功
所以，总括一句，我们只是平民散户，通过本身对投资的喜好和研究，希望（努力）在股市中挣到不错的回酬，
什么大师专家，受之有愧，不必对号入座。
不论我们做什么决定，都会诚实的面对结果。投资组合不是考试，不能每次要求一百分。
这三年多来，我们确然做了一些低级错误，不过也做了更多的正确决定，所以我们才能获得如此不差的成绩。
现实生活里，错和对总是交叉发生，每次都做对，不叫“成功”，那是“完美”，是每个人追求的境界（却不大可能达到）。
成功的投资者，只需要把正确的投资机率更多发生就是了。
取自于--http://klse.i3investor.com/blogs/golden_years/55570.jsp

目前是首选出口傢俬股,5年的等待,迎耒春天,敢敢开向美丽的未来吧$。

今天继续向上，收市作RM1.38 ,马币对美元下降是有关系的，其他出口股也看到上升情况，homeriz有更好的因素进入和持有,
7月Q3业绩我相信超过700万的净利和派息,这使更多人愿意守住,并等到9月份的红股与WARRANT后,
然后等WARRANT上市,再次高歌,10月Q4业绩将是喜悦的并再次享受股息,因此到今年底可以守着此股,看股开心,
哈哈,只供参考,进出自负.

Homeriz 買的安心,收的放心,捉紧它,绝不放手.