Liihen is now selling at absolute bargain.

The weakness in share price is due to the strengtheing of the ringgit against US dollar contributing to current weak predicament.

What investors need to distinguish is whether current "problem" is a temporary problem or a permanent problem that will diminish the return the company generates for its investors.

Insas is currently at NEGATIVE enterprise valuation.

There is much room for management to act in the best interest of shareholders, one way is to return some cash. Otherwise, any catalytic event would have to imposed by shareholders in the form of activism. Benjamin Graham does that very well.

4) Those who buy at 2015 will be those complaining, those brought at 2016 will be satisfied. The psychology of the investors are affected by what PRICE did they buy in. It is human nature that if as your investment goes down, you have a tendency to think about exiting because you will be more inclined to think that you are wrong. The literal opposite is true too. However, to avoid this mentality, having a firm valuation can help you to overcome this period and an investment philosophy that you hold firmly.


I am sitting on above 40% unrealised gain.my average cost is 68 sen.
My first purchase was 77 sen in August 2015.

I know why i bought into Insas and i have a firm valuation as to how much Insas is worth. And that's the main reason my frustration lies because the big wide gap is there.

I believe management could have done better to create value situation for the shareholders.

Why those bought in 2015 should be complaining? and why those bought in 2016 should be satisfied?

my first purchase was in AUgust 2015 at 77 sen.
of course 2016 it went down further and any decent investor would have averaged down.

the very least the management can do is to create a form of value situation for its investors which i belive increasing dividend payout is the easiest to do considering the healthy CF generation.

the reasons i would stay invested in Insas simply because the company has been growing its BV per share every year consistently. that;s the more appropriate way of looking at Insas.

each quarter, i would monitor the gap between its share price and its net-net assets per share.

let's try to have some constructive discussions on investing, shall we.

i am invested because Insas qualifies as Ben Graham's net-net investments. back then it was above 50% discount to its liquidation value. now i believe its widen even further if one to take into account the potential unrealised MTM gain in the their investments.

i never expected Insas to be a RED CHIP company. and Insas will never be one.

By the way, do try to avoid telling ppl do dump their stock.

i have been holding since 2015. at that point i was thinking maybe Inari can be a game changer for insas

well, inari has indeed become one of the best performing stock but sadly not Insas

dunspace...u can check the past 10 years record. the disparity has always been there

we all can talk how much Insas own this...own that....unrealised gain in this...but end of day Insas remains severely underperformed...the gap between the share price and intrinsic value remains a wide gap...a gap that in a foreseeable future would remain as that

steadily moving up. and doing it quietly too.

good job, maybank

so yesterday run up was a cheat?

yesterday up 2 sen, today down 1.5sen.

the story of TA as usual

texchem is a growth stock. it;s a good entry point for any prospective investors to enter before the company starts to make increasing profit

at current price, PE is slightly below 15x which is the upcycle market valuation

such low volume can manipulate meh?

probably so, market is adjusting downwards its earnings expectation

still cant break above 1....need to add some oil

No worries, Jon. Just sharing for the benefit of everyone in i3.

I'm ex auditor too but have been working in the banking industry for close to 10 years now.

Market is pricing in 25bps hike, prob in Jan or March. At most, consensus view is 2 rate hikes max this year to 3.5%.

btw, Jon, which accounting firm r u working with?

Current OPR is at 3%. With major central banks around the world embarking on synchronized normalisation of interest rates given the synchronized growth in global economy, our local bank has to hike to maintain the interest differential.

MFRS 9 is not the main factor why banks are competing so aggresively for deposits. It is the LCR and NSFR that they need to comply with, to maintain the regulatory expectations in regards to liquidity and funding structure. Moreover, there will be added capital buffer requirements in the form of capital conservation and countercylical capital buffer that the banks need to provide in their capital ratios.

ur statement goreng till 10 will bring many uninformed investors with u to HOLLAND

u want to promote ur stock please do it sensibly and with actual facts

is this guy stupid or what??? or plain ignorant

LCTitan cash was raised from IPO last year, dumbass

calvin...what happen to BJCorp???

Jon, please share ur thoughts on Magni. Thanks

when KYY selling...it's a real bloodbath

didn;t even break 1. how to reach 2 or 3..zzzzz

wah, macam roller coaster. Such a wide gap macam Hengyuan...

EV/EBIT less than 5x
Earnings yield > 10%
Net cash = 45sen
DY = 7%
ROE > 25%

If got bullet, gradually collect to build up position size.
If no bullet and already holding, don't look at share price. Hold and collect dividend.

market has unduly punished Lii Hen and other furniture counters due to the strengthening of RM against USD

As though the whole industry prospect is depends on the foreign exchange

welcome on board, paperplane

market is adjusting expectations on Unisem earnings downwards in view of strengthening of ringgit

time to accumulate slowly

http://klse.i3investor.com/blogs/myinvestmentjourney/131847.jsp


Based on latest price @ 8 Sept:

Insas @ 1.02, P/E = 3.74x & P/BV = 0.44x

TA @ 0.675, P/E = 3.75x & P/BV = 0.46x

Based on the above valuation metrics, we can observed both stocks are trading at extremely cheap valuations, and thus presents an attractive investment for investors looking for value.

Both stocks qualify as earnings-based play - low P/E and assets-based play - low P/BV.

TA and Insas is the most undervalued, underappreciated, mispriced counter in Bursa Malaysia

http://klse.i3investor.com/blogs/kianweiaritcles/144119.jsp

OLH has been looking to exit RHB. the merger between Ambank and RHB was driven by him. unfortunately, it fail to materialise.

in time we shall see...rest assured that OLH will find his way to cash out on RHB

then we wait for special dividend )

when is PerakCorp's turn?

live up to reputation as sohai

Posted by MaggiSohaimi > Jan 11, 2018 12:35 PM | Report Abuse

Bad reputation like last time Bandar M'sia project also get cancelled. Still wan to bet ah? Better sell and jump to other stable company

valuation is at upcycle. wait to enter when it corrected to a more reasonable valuation

Ya, need a lot of patience. Orient is dirt cheap, assets not revalued ages ago..

Jon, have a look at TA. EV/EBIT of 4. Substantial discount to NTA, P/BV less than 0.5x.

Aberdeen keep selling. Do they know something we don't?

when share price up, so many "sifus" justifying the company prospect

where were u guys during the downtrend?

Duke 1&2 should valued at RM1.7billion (60% based on EPF purchase consideration of RM2.8bil).

if i'm not mistaken, Duke 3 costs RM5.05 billion

my view is that mr.market still perceive TA as securities firm. Share price is highly correlated with KLCI performance.

but TA business has grown beyond that. earnings from broker are no longer their main. apart from properties, they have stable earnings from hotel segment.

top up more at 1.13