Bachelor Degree (Financial Economics-Major) Statistic Analysis Minor. My Golden Rule. 1. Trading/Investment Plan( When to buy/Cut Loss/sell) 2. Chose good FA, (below IV/Graham No., EV/Ebitda<8, Healty balance sheet, EPS >10%, PE below Ind) 3. Uptrend -TA 4. Breakout-Marbzu 5. Volume
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2015-12-05 11:30 | Report Abuse
Skywalker 72 for short term Private Placement described above may potentially diminish the value of our common stock.(cz more liquid). but the advantage for long term will provide significant additional funding, which is important for them to continue operations in accordance with they current plan and still competitive in the Global Market. Second this will strengthen our financial condition and reduce our financial risk, which we believe will reassure improve our ability to raise additional funding through debt or equity financing on favorable terms and make our common stock more attractive to prospective investors for purchase on the open market.(as we now the need to repay the loan to save the interest rate payment to increase the profit margin)
2015-12-04 17:05 | Report Abuse
Graham Number
= SquareRoot of (22.5 * Tangible Book Value per Share * Earnings Per Share)
= SquareRoot of (22.5 * (Total Equity - Intangibles) * Net Income (Continuing Operations)) / Shares Outstanding
= SquareRoot of (22.5 * (132.865 - 10.148) * 18.159) / 74.73
= RM3.00< Current Price(Undervalue)
DCF (Earnings Based) = eps * {[x + x^2 + ... + x^10] + x^10 * [y + y^2 + ... + y^10]}
= eps * [x * (1-x^10) / (1-x) + x^10 * y * (1-y^10) / (1-y)]
= 0.22 * 14.7509
= 3.25< Current Price(Undervalue)
EV/EBITDA = Enterprise Value (Today) / Earnings Before Depreciation and Amortization (TTM)
= 33.905 / 56.569
= 0.60 <8(can Fly high)
2015-11-25 18:25 | Report Abuse
time to accumulate buy below RM 2
2015-11-21 12:00 | Report Abuse
smallvestor wrong statement.... share price drop cz depend world supply & demand.. short term oil price still lower but long term.. (oil is a non-renewable resource).
2015-11-01 20:32 | Report Abuse
good article by FA sifu
2015-10-29 11:34 | Report Abuse
For FA analisis this stock is good for keep long term
2015-10-29 11:32 | Report Abuse
According the article oil projection price still below $ 60 http://knoema.com/yxptpab/crude-oil-price-forecast-long-term-2015-to-2025-data-and-charts
If FED increase the interest rate oil price will rebound ..http://moneymorning.com/2015/10/28/wti-crude-oil-prices-today-surge-6-after-fed-interest-rate-decision/
As correlated theory, proposes that rising or high interest rates help strengthen the dollar against other countries' currencies. When the dollar is strong, this helps American oil companies to buy more oil with every U.S. dollar spent, ultimately passing the savings on to consumers. Likewise, when the value of the dollar is low against foreign currencies, something that can happen with sinking interest rates, U.S. dollars buy less oil than before. This, of course, can contribute to oil becoming costlier to the U.S., which consumes 25% of the world's oil.
Read more: Are oil prices and interest rates correlated? http://www.investopedia.com/ask/answers/08/oil-prices-interest-rates-
2015-10-27 07:23 | Report Abuse
This counter can keep for long term & price will up if oil start rebound back. My valuation base in IV, low PE, and NTA, Debt to Equity low and positif ROE.
1. Coastal Contracts Bhd's net current asset value per share for the quarter that ended in Jun. 2015 was RM2.59.< Current Price RM 2.11
2. ROE = Net Income (Q: Jun. 2015 ) / ( (Total Equity (Q: Mar. 2015 ) + Total Equity (Q: Jun. 2015 )) / 2 )
= 139.304 / ( (1535.696 + 1587.494) / 2 )
= 139.304 / 1561.595
= 8.92 %
3.Debt to Equity = Total Debt / Total Equity
= (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity
= (87.015 + 3.171) / 1587.494
= 0.06(low debt/equity)---> A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
4.Coastal Contracts Bhd's Graham Number for the quarter that ended in Jun. 2015 is calculated as
= SquareRoot of (22.5 * Tangible Book Value per Share * Earnings Per Share)
= SquareRoot of (22.5 * (Total Equity - Intangibles) * Net Income (Continuing Operations)) / Shares Outstanding
= SquareRoot of (22.5 * (1587.494 - 0) * 192.064) / 531.149
= 4.93 < Current Price RM 2.11
Graham Number is a figure that measures a FA value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
2015-10-20 09:32 | Report Abuse
If oil start rebound this counter will up.
2015-10-20 01:42 | Report Abuse
Just share below article...http://valueandopportunity.com/2013/11/07/pe-evebitda-evebit-pfcf-when-to-use-what/
2015-10-13 19:29 | Report Abuse
Yes, Its True Daniel Phuan.. When we buy stock, we try to assessing the company health@FA. Picking stock is more of an art than science.There is no right or wrong about it. The method that bring the highest return consistently over long period of time is winner.
2015-10-12 14:17 | Report Abuse
Chuckosaurus, this for Undervalued Predictable Companies only (Intrinsic Value = Book Value + Future Earnings at Growth Stage + Terminal Value(Assume 4%) & suitable for long term investor...you can set target 52 week high (depend the oil price)RM 4.19 or SMA 200 line today RM2.66
2015-10-12 12:56 | Report Abuse
Coastal is good stock & under value (Best sector if oil start rebound)
P/E Ratio = Share Price (Today) / Earnings Per Share (TTM)
= 2.17 / 0.357
= 6.08 (Criteria P/E <10)
EV/EBITDA = Enterprise Value (Today) / Earnings Before Depreciation and Amortization (TTM)
= 663.124 / 193.181
= 3.43 (Criteria EV/EBITDA <8)
Intrinsic Value: DCF (Earnings Based)
= eps * {[x + x^2 + ... + x^10] + x^10 * [y + y^2 + ... + y^10]}
= eps * [x * (1-x^10) / (1-x) + x^10 * y * (1-y^10) / (1-y)]
= 0.36 * 14.7509
= 5.3
2015-10-08 18:53 | Report Abuse
Dear Kuanyee Saw,
For opinion Teoseng good for long term not shorterm depend your goal.Fundemental still undervalue stock still trade PE <10, EV/Ebitda < 8, IV=RM2.90, PEG <1,but EPS Growth <15%, have risk=Cash to Debt Ratio=0.51(more Debt than cash),D/E =0.5(Looking last year financial statement Geographical Information 70% revenue from Malaysia, loss on foreign exchange, Market sentiment+GST).TA good if break 1.7(resistant) Trade is your on risk.
2015-10-08 14:35 | Report Abuse
Dear Ramaraajen arumugam... Low PE is Better( For me like Mr Koon sey PE<10)... meaning The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns RM2 a share per year, and the stock is traded at $30, the P/E ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a companyÂ’s earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive.
If a company loses money, the P/E ratio becomes mearningless.
08/10/2015 14:33
2015-10-07 21:56 | Report Abuse
Malaysia company will benefit if singapore try to band indonesia band paper /wood/palm oil product http://www.straitstimes.com/singapore/environment/singapore-environment-council-to-get-companies-on-board-in-tackling-haze-0 & http://www.newslite.sg/content/10-firms-declare-paper-products-sold-singapore-sustainable-sources
2015-10-07 18:48 | Report Abuse
Dear Mr.Koon, you are intelligent investor consider the P/E,NTA, Cash flow, return of equity etc. But i like cash rich company and consider Debt Ratio ( i worry the economics situation /sentiment now)
2015-10-07 17:33 | Report Abuse
PEG (Peg ratio)= P/E (NRI) Ratio / EBITDA Growth Rate (5-year average)
= 8.92857142857 / 11.90
= 0.75
PEG ratio=growth rate is fairly valued.
2015-10-07 17:09 | Report Abuse
Good FA & TA..
http://klse.i3investor.com/blogs/rhb/84003.jsp
2015-10-07 17:07 | Report Abuse
under value stock..EV/EBITDA < 8
EV/EBITDA = Enterprise Value (Today) / Earnings Before Depreciation and Amortization (TTM)
= 164.810 / 33.296
= 4.95
Intrinsic Value,DCF (Earnings Based)
= eps * {[x + x^2 + ... + x^10] + x^10 * [y + y^2 + ... + y^10]}
= eps * [x * (1-x^10) / (1-x) + x^10 * y * (1-y^10) / (1-y)]
= 0.14 * 14.7509
= 2.07
Margin of Safety (Earnings Based)
= (DCF (Earnings Based) - Current Price) / DCF (Earnings Based)
= (2.07 - 1.30) / 2.07
= 37 %
2015-10-05 19:14 | Report Abuse
EV/EBITDA = Enterprise Value (Today) / Earnings Before Depreciation and Amortization (TTM)
= 154.489 / 51.481
= 3.00
( Below < 8.00 stock will fly high for long term)
P/E Ratio = Share Price (Today) / Earnings Per Share (TTM)
= 0.17 / 0.018
= 9.44
Graham Number(According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.)
= SquareRoot of (22.5 * Tangible Book Value per Share * Earnings Per Share)
= SquareRoot of (22.5 * (Total Equity - Intangibles) * Net Income (Continuing Operations)) / Shares Outstanding
= SquareRoot of (22.5 * (228.184 - 33.761) * 24.631) / 1048.47
= 0.31
DCF (Earnings Based)
= eps * {[x + x^2 + ... + x^10] + x^10 * [y + y^2 + ... + y^10]}
= eps * [x * (1-x^10) / (1-x) + x^10 * y * (1-y^10) / (1-y)]
= 0.029 * 14.7509
= 0.43 (Still undervalue)
Margin of Safety (Earnings Based)
= (DCF (Earnings Based) - Current Price) / DCF (Earnings Based)
= (0.43 - 0.17) / 0.43
= 62.47%
** Waiting for oil rebound & good sentiment
2015-09-29 07:54 | Report Abuse
buy on weakness..still long to go
2015-09-28 15:52 | Report Abuse
buy on weakness.. keep for long term.. i belive still hv space to grow
2015-09-26 21:16 | Report Abuse
http://aemulus.listedcompany.com/misc/prospectus.pdf.. have Gov MIDA grand.
2015-09-26 20:37 | Report Abuse
2015-09-26 19:05 | Report Abuse
Good person & full respect Mr Koon...https://www.malaysiakini.com/news/313582
2015-09-22 14:42 | Report Abuse
i never hear before JL Investment bank
Investment Banks
No. Name Ownership
1 Affin Hwang Investment Bank Berhad
2 Alliance Investment Bank Berhad
3 AmInvestment Bank Berhad
4 CIMB Investment Bank Berhad
5 Hong Leong Investment Bank Berhad
6 KAF Investment Bank Berhad
7 Kenanga Investment Bank Berhad
8 MIDF Amanah Investment Bank Berhad
9 Maybank Investment Bank Berhad
10 Public Investment Bank Berhad
11 RHB Investment Bank Berhad
Source : BNM
2015-09-22 14:34 | Report Abuse
i keep this counter for long term like digi
2015-09-22 14:32 | Report Abuse
Sell low to miss jolie2 loh.. she will be give bad sentiment...pang 72 any good news..
2015-09-21 16:59 | Report Abuse
Dear Pang 72..where you get source EPF will as substantial shareholder ?
2015-09-21 09:53 | Report Abuse
wow Khazanah (Part of val cap RM 20 Bil) interest 15% http://www.bursamalaysia.com/market/listed-companies/company-announcements/4869701
2015-09-17 00:11 | Report Abuse
Base in fundamental still undervalue...T.P 5.31 (Graham Number Theory) any stock price below the Graham number is considered undervalued
O&G pls avoid for this moment if oil still below USD 50
2015-09-17 00:02 | Report Abuse
T.P 1.35 (Base in graham Number, Jun Qtr 15).According to the theory, any stock price below the Graham number is considered undervalued** adjust T.P if improve earning 3rd Qtr
2015-09-16 20:38 | Report Abuse
Still cheaper for the companies with the same Market Cap, the smaller the EV/EBIDA is, the cheaper the company is < 10
EV/EBITDA = Enterprise Value (Today) /
Earnings Before Depreciation and Amortization (TTM)
= 572.2 / 101.123
= 5.658
Enterprise Value (Q: Mar. 2015 )
= Market Cap + Preferred Stock + Long-Term Debt
= 616.29872 + 0 + 17.085
+ Short-Term Debt Without Lease + Minority Interest - Cash and Cash Equivalents
+ 90.404 + 1.207 - 152.757
= 572.2
Latitude Tree Holdings Bhd Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2015 was 15.795 (Jun. 2014 ) + 23.579 (Sep. 2014 ) + 34.708 (Dec. 2014 ) + 27.041 (Mar. 2015 ) = RM101.123 Mil.
2015-09-16 20:26 | Report Abuse
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is < 10
EV/EBITDA ratio = Enterprise Value (Today) /
Earnings Before Depreciation and Amortization (TTM)
= 228.4 / 52.004
= 4.39
Enterprise Value (Q: Jun. 2015 )
= Market Cap + Preferred Stock + Long-Term Debt
= 148.05 + 0 + 0.062
+ Short-Term Debt Without Lease + Minority Interest - Cash and Cash Equivalents
+ 91.512 + 0 - 11.26
= 228.4
Mieco Chipboard Bhd Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Jun. 2015 was 9.544 (Sep. 2014 ) + 21.183 (Dec. 2014 ) + 8.91 (Mar. 2015 ) + 12.367 (Jun. 2015 ) = RM52.04 Mil.
2015-09-16 12:07 | Report Abuse
Economic view, this is short term solution (if they invest wisely this fund), for long term they need attract foreign to invest in Malaysia ( stop the negative sentiment like now, improve the infrastructure, cut the tax & GST, increase human capital, generate other revenue not depend to oil, palm oil only)
2015-09-15 07:42 | Report Abuse
Jusr share...As China Stuters, US Central Bank must not delay rate hike...page 20 http://ded.theedgemarkets.com/Daily/2015/DEDsetia/DEDsetia_201509154s2ihy.pdf
2015-09-14 19:53 | Report Abuse
If ValueCap invest this sure making loss.. unless the invest to Tenaga, digi, YTL, or banking stock.. they need bank to support our eco. now...
2015-09-13 19:36 | Report Abuse
Good article from kcchong
2015-09-12 09:17 | Report Abuse
Export oriented....Japan flood...good for this stock
2015-09-12 09:05 | Report Abuse
Kokchengkai... maybe will effect ..we will study this situation and set the CL if bad thing happen..just share http://www.wsj.com/articles/fed-up-how-will-rising-interest-rates-affect-stocks-1422663931 & http://fortune.com/2015/08/25/fed-interest-rates-stock-market-china/
2015-09-12 09:00 | Report Abuse
Just idea.. Japan flood, need wood to rebuilt house (kakashit). USD now strength currency against other ..until when... do no..(Invest2mill...).. FA & TA this stock is good to keep until next quarter result(make your own research)
2015-09-09 22:54 | Report Abuse
The revenue reported for this period increased by RM15.29 million or 18.29 % as compared to the
same period last year. The higher revenue achieved was due mainly to the achievement of higher
volume and higher average selling price from sales of higher grade, value added products and
higher USD exchange rate to Ringgit during this reporting period.
The profit before tax reported for this period was RM 18.53 million as compared to RM 6.45 million in
2014, an increase of RM12.08 million or 187% due mainly to higher revenue and factors described
above despite being impacted by unrealised exchange loss of RM3.68 million from the translation of the
USD denominated term loan.
2015-09-09 22:52 | Report Abuse
study the financial report QUARTERLY REPORT - SECOND FINANCIAL QUARTER ENDED 30 JUNE 2015... http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=188465 &name=EA_FR_ATTACHMENTS http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=188464&name=EA_FR_ATTACHMENTS
2015-09-09 22:36 | Report Abuse
aya... Icon8888 my opinion sang harimau = betulbetul cakap...
Blog: My List of Shares - Koon Yew Yin
2015-12-07 14:42 | Report Abuse
aGREE with ahcheng..its human nature like to critic & ego... but iam recommendation to your all make your own study & analysis.. dont blame other if your loss.. its depend to your decision..trade your own risk.