is it truth? i heard dyson want to move thier plant to Philippine. does it affect VS??

i smell the goreng is coming soon

karex says its production increase from 4bl to 5b in the annual report 2015 (nov 2015 released). and expected 7b by end of 2017.
global condom market 2015 is about 27b. (so karex market share is about 37%)

rough calculation
1 condom cost about 2-3sen (MYR).
OEM about 3cent (UDS). so roughtly about 11.4 sen (if 1USD:3.80MYR)

hatyai plant is about 2.2b production
pontian plant is about 2b production
port klang plant is about 0.8b production
so total about 5b

11.4sen - 3sen = 8.4sen @ 5b = RM420,000,000
RM420,000,000/ 1,002,375,000 NoS = RM0.4190

net profit margin is about 24.58% (2015)
so 0.4190 x 24.58 = RM0.1030

2.62/0.1030 = 25.44 PER

i think wait and see. it is not cheap.

btw i didnt calculate the OBM. which is about RM3-4 per condom. the margin is like 99%
no info about OBM and OEM ratio in the production line. (maybe i have not found yet)

homeritz plays hedging.. currency is minor affect.

if KWAP willing to pay 30% of F&B for RM280,000,000. therefore F&B worth about RM935,333,333. which mean Canone worth at least RM4.87 + RM2.39 (kj) = RM7.26

give 20% MoS, Canone at least worth RM5.81
roughly about 42% northing potential

sell car, sell house, sell underwear and all in

where i get the info, i cant remember, either news or announcement. its on my personal record.
"early 2015 canone bought 20% share of F&B for RM112.9mil." so its roughly about pe 13. the pe 20 is what the news says canone seeking pe20 and kwap involved (but i think its just rumour, no official announcement yet, and canone deny the news)

so pe13 is actual happened and pe20 is what canone looking for. so i think pe13 is more reliable. and F&N is about pe20 and you think F&B worth pe20 also?? btw one of the blogger (cephasyu) gave pe15 for F&B.

F & B Nutrition Sdn Bhd
profit for 2015 = RM42mil
if PE 13 = RM564,500,000, (early 2015 canone bought F&B 20% share at ~pe 13)
therefore F&B worth RM2.93 per canone share.


Kian Joo Can Factory Bhd
~146,131,272 NoS @ RM3.15 = ~RM460,313,506.80 (Can one owned 32.9% of 444,168,000 NoS of KJ, Current KJ share price = RM3.15)
therefore KJ worth RM2.39 per canone share.

F&B + KJ = RM5.32

give 20% MoS, Canone at least worth RM4.256

沃倫曰 貪于俱 俱于貪。 今乃 貪之時也

why people say vs pays 8% dividend??

who drink redbull during cny?? cny drink beer, tea, maybe some cola
btw major market for redbull is malay

can“完”

買時至也

撤則安 守則憂

沃倫曰 貪于俱 俱于貪。 今乃 貪之時也

if you compare the risk and return of this counter and 4d, you know this counter is better bet. this is 1:4 with ~30% chance and 4d is 1:2500 with 0.001% chance. there is 70% auditors did or willing to breach their audit code for their client in exchange of benefit. so 30% chances cash is real.
minimal RM60 (RM0.445@100shares+RM15 transaction cost) to try the luck
you should not treat this counter as a investment but luck trying bet.

ps. fyi i bought 5155 for 4D RM5 big and RM5 small. inspire from rockycleft
wish me luck

people spreading the rumour of cash is fake for average down thier cost and wait to make profit when people realise after all the cash is real, profit is real, people are emotion

drama end?

俱于贪 ·贪于俱之 ·累千金之道也

隱藏的寶石
低市盈率，現金充裕，低負責，高資產值
長綫投資的良好買入時機

if you buy RM10K and the cash is fake you lose RM10K or less. however the cash is real you profit RM30K or more. i think it is ok to take the risk. limited lose and unlimited profit.

i am the glass of half full.

xingquan is a hidden gem. low pe, cash rich, share price facing hard time. good timing to buy for long term speculation purpose. 1:4 risk and return