China holds more than 1 trillion US treasuries. This is their triumph card.

Just trying to gauge a rough estimate of value (syiok sendiri calculation)

Latest net cash position is 88.58mil
5 year average FCF is 15.10mil

Assuming u want to acquire FLBHD now, what is the prospective price
case 1: multiple of 10x its 5 yr average FCF, that will amount to 151.04mil
Total value including net cash = 239.62mil (2.28 per share)

case 2: multiply of 10x its latest reported FCF (10.86mil), that will amount to 108.62mil
Total value including net cash = 197.2mil (1.88 per share)

u will get a range of 1.88 to 2.28 with zero assumption implied for its future FCF growth

Astro?

Good DY at current price.

petdag is pure retail player, like a consumer staples.

there's a good element of goodwill (bcoz of its moat) factored in its valuation multiples

if you look at its capitalisation per hectare, SOP is cheap. but not very cheap yet. can monitor..

Trop is at 70% discount to BV. Cheapness defined...lol

If u assumed that the market is pricing it right.


Posted by sheldon > Nov 7, 2018 11:37 AM | Report Abuse

petdag PE is about 17+; petron PE is about 4+.Something's seriously wrong. Maybe we're missing out something.

Ben Graham or Peter Lynh would have love Oriental.

nope, i bought AirAsia instead.

Posted by Outliar > Oct 31, 2018 06:41 PM | Report Abuse

What do you mean also, Fabien you dont have TunePro

had a quick glance on the quarterly report, i think the results are ok.

this author mood swings aligned with the share price movement. when price is down his write up will reflects the company badly and vice versa. classic example of mr.market influencing his emotions, thinking process and decisions.

wow Jon, u also bought Tune Protect. interesting...

chill la guys, why so worked out over share price?

take some time off and read good articles, like below...


http://aswathdamodaran.blogspot.com/2018/10/an-october-surprise-making-sense-of.html

Look at operating profit instead of PAT.

either you got no brain or ur brain is severely limited.

is investing that easy ar??? take one quarter earnings and annualised for full year.

and why PE 10x? because ur stupidty tells u so???

Lukesharewalker annualised eps 1.2 cents even pe 10 worth 12 cents only...reason for disposal?
25/10/2018 14:16

this counter is very steady

steady. times like these calls for flight to QUALITY

its in watchlist now.

if im not mistaken, i read that ur target price is above RM1?

Posted by moneySIFU > Oct 22, 2018 03:59 PM | Report Abuse

AlanNga, to be honest with you, I made profit from the previous increase in Lay Hong Price when it reached 70 cents.

any chance of KFima getting back the contract won by Datasonic?

if it drops below 40 sen things may get interesting. risk reward favours me..

wow what is the reason for the continuing selldown?

both kesm and layhong

what about Nestle? lol

this is interesting

Why PE of 10 times?

Basing on Graham's criteria of earnings yield at least 2x AAA corporate bond yield. You'll get 10% too or P/E 10x. Lol...

please la Calvin...times like this calls for flight to QUALITY

re-emphasise "QUALITY" again

Wow...from heavily criticising Layhong to pleading institutional funds to purchase stakes! seriously???? just wow....

Gamuda in bad books i believe.

Future contract wins in doubt!

Bought a bit today. cheers..

TROPICANA TO DEVELOP A RM4.3 BILLION NEW TOWNSHIP STARTING 2019

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=89587&name=EA_GA_ATTACHMENTS

yep, its cheap enough for me

lol, care to elaborate further?

at current price, downside quite limited. there's enough buffer for margin of error...

at current price, tempted to add more...

hmmmm

i consume their Nutriplus eggs.

never try the processed food before.

hold until 2022 la


Posted by SamuelLuke > Sep 6, 2018 05:16 PM | Report Abuse

enning22 hope your wish come true.... this LCtitan is a long term counter not mid or short term.... means hahaha gotta wait long long long time ....my target wait till next yr Chinese new yr to come .....

i have taken profit on Eksons at 80.5sen

today ex 3.5sen from Liihen.

tomorrow another 13.5sen from Favco

i thought govt subsidies half of the increase in wages, no?

there are few "safe" companies to look at. net cash equal to or more than 50% of market cap.

companies like ORIENT, FLBHD, KFIMA or FAVCO

@TheContrarian how many years have u been holding OSK?

fall back on Graham's definition for passive investor or the enterprising investor.

your investment policy/process should be guided accordingly by that definition

oh ya, forgot to add these 2 must-read books

Common Stocks and Uncommon Profits - Philip Fisher
Irrational Exuberance - Robert Schiller

just realised it's not in your list.

there are no losses.

gross profit remain more or less the same as prior year.

net profit lower due to higher interest expense coupled with other reasons...u can refer to the QR report


Posted by qqq3 > Sep 4, 2018 01:53 PM | Report Abuse

i haven't gone into details...but if losses due to completion of Duke 2 and charging out of interest is because the trafic volume of Duke 2 is low la.........

good luck to ekovest fans...not me.

earnings got hit because previously capitalised interest is recognised in the P&L as the construction of Duke 2 has been completed

some books i would like to add

Thinking, Fast and slow - Daniel Kahneman
AntiFragile - Nassim
The Education of a Value Investor - Guy Spier

Are u referring to Lot 26 at Jalan Ampang?


JJchan https://www.malaysiakini.com/news/441260

OSKH has a piece of Land directly across this MCA building. I value this piece Land GDV more then RHB shares Oskh is holding right now.

q-o-q might see improvement. but y-o-y is weaker.

unfortunately, market is short-term-ish.

read the results carefully. hopefully u will get a clearer picture.


newbie911 Result so unexpected !!!
No wonder drop ahead result.
02/09/2018 11:28