yo....one of the passerby at i3, kikikiki

negative, profit margin extremely low.......they are supermarket operators dominating at the small township but the competition is getting tougher & tougher with the entry of big size hypermarket like Tesco, Giant, Aeon Big, Aeon.....see the profit margin, already know manyak susah mau huat.....cari makan for survival still boleh kot....

not only competition from hypermarkets, competition from 24/7 convenient stores also eroding the profit margin ( 7/11, KKMart, 99Savemart, Kedai Runcit 1Malaysia, + conventional sundry shops )


this business need repeated or recurrent sales from the same group of customer , tourist contribution, i think negligible to their sales operations

the high NTA is meaningless to company like TStore, unless they are developer that are selling away their assets as their final products.Not going to park my money here, there are more efficient counter to park our money

I need more negative views for assessment before committing more

Anyone got any negative insights on this counter , kindly share . The positives > than negatives to me now.

The record for year 2009 till present, EPS growing a superb rate, dividend pay put ratio very generous, frequency of dividend payment improving , almost negligible borrowing , maintaining high profit margin above 30% for years - indication of not much competition

Had the company not doing any share buy back earlier last year, it will have been escaping my sight.

hahaha.....they were talking about fundamental on Ecoworld , lol

walao...impressive 53% gain, haha

i wish can achieve that performance too

lousy beginning of 2014....i don't see any light at the moment from share market

so late still not sleeping? must be very stress :)

don't worry, i'm still working from my office, hahaha

stressful also, releasing some stress here

koyak71, you will stand better chance to make money if you play airport-sw

next week don't come...no CNY rally already

no le, based on my past experience, all the taukeh-taukeh curi ayam 1 week before CNY :)

Dec 12? already overdue.....haiz...no more CNY rally

switch to fundamental play....avoid SWs at the moment....all the good heavyweight beaten down badly

try Pestech, Elsoft, Scicom, Sdred instead

Pestech - almost monopolizing the EHV transmission installation locally. The capex plan by TNB is worth to take note. high profit margin at about 30%. Vietnam commissioning their first nuclear power plant this year, first Asean country with nuclear plant.

Elsoft - check out their performance at FT.com, you will be surprise by their figure. Ride on the smartphone & tablet exposure

Scicom - check out their performance at FT.com as well, good dividend paymaster.

Sdred - for possible privatization , the lady boss keep accumulating, unbilled sales figure stand closed to 1 bil

i know about sharing but the stuff you share, it looks very obvious from externally that you guys are under intense pressure...

New Britian Palm Oil Lmt price movement not encouraging at all

are you guys the three trios who always surface together?

Najib Zamry, Fandi & Tiuniasing ?

really opposite of three.....

the three, playing warrants most the time & the other three on fundamental investment most of the time

hey...post less all the desperation, it is not good to yourself as CN players

don't average down anymore, look for exit chance

KUALA LUMPUR: OCBC Bank (M) Bhd has settled a civil claim with the Securities Commission where it was purportedly involved in manipulation of DRB-Hicom Bhd shares in July 2011.

The settlement was made on Dec 2, 2013 and posted on the SC’s website on Thursday.

Below is the text of the statement posted by the SC:

On Dec 2, 2013, the SC entered into a settlement with OCBC Bank (M) Berhad (OCBC) when the latter agreed without admission or denial of liability, to settle a civil claim that the SC was proposing to institute against it with respect to the manipulation of DRB-Hicom Bhd shares on July 25, 2011, contrary to section 176(1)(b) of the Capital Markets and Services Act 2007 (CMSA).

The settlement was reached following a letter of demand sent by the SC pursuant to its civil enforcement powers under the securities laws, where the sum that OCBC was required to disgorge was RM2,475,000 which is equivalent to three times the pecuniary gain of RM825,000 which OCBC had made as a result of the breach.

In accordance with section 200(3) of the CMSA, the amount recovered from OCBC will be used first to reimburse the SC for all costs of the investigation and proceedings. Any remaining amount, if available, will be used to compensate the investors who suffered loss as a result thereof.

Source: The Star

How about the rest? OCBC only meh ?

lol....really laugh until my stomach cramp....hei, got nothing to do ar?

KLCI components severely beaten down...It is not happening to KLCI components only, in fact, the other heavyweight counters like Aeon, Aeon Credit, Larfarge, Tasek etc

this year, no chinese new year rally, better be selective....

if got chinese new year rally, by right already surging this week.....until now no sign at all

it gonna be killer for 2014

Scable only a cable manufacturer & cables supplier.....they don't do installation, it is stated clearly at their website.....even if they did win the contract, they will outsource the work to third party

the installer like Pestech, if they win the job, Scable might become supplier of cable to Pestech or might not become their supplier.

In fact, Scable don't produce EHV cables, they have to source it from Universal Cable Sdn Bhd if they need.

So follow Pestech or follow Scable ? don't forget your recent TNB tariff hike got contribute to the TNB capex fund plan....

then don't buy.....go buy the one with good liquidity for yourself, kikikiki

no fun doing k.o stuffs :)....the art of torturing is to keep the subject alive, while inflicting the intense pain through a slow process,then only enjoyable mah.....

hence 18-pieces or 16-pieces cleaver chop chop is a no no.....kneeling on durian skins still the best

Hahaha, no la, where got? I'm giving some ideas to all the wives out there how to torture their hubby, lol

openly state shirley1 under his protection wor, triad gang tailo heng ?.....not afraid later your wife pull your ears & make you kneel on durian skins ? kikikikiki

YNH never hold HLCAP....

it is Dato Dr.Yu Kuan Chon at his own personal capacity......

who just lost the volume at 3.44? :)

anyone trying for buy & hold approach for this CW? :)

looks safe to me

coffin warrant....rest in peace....

okla...i go collect 1 biji

kikikikikikiki.....:)

they want to move it down, so let it be, fight no against them....not worth

every time, they push it down & the CPO moves the opposite direction, their risk increases....it is a matter of time before their effort are snatch by another big player....

they are big, no doubt, but i believe there is always someone bigger than them out there waiting to make their move..... :)

one thing for sure....we all here are targeted....posts less.....keep quite....keep them clueless & blind...

CPO still up trending...probably psychology blocks....they are on accumulation mode...if got holding power, play with them :), see who got more patient

another possibility, they are doing the 5 days VWAP price for the ESOS ?

contra kaki please avoid.....

walao le...this one also look like doing mission impossible...you all speculate because it is related to MCA? any more better reason to engage with this CW apart from the link to MCA?

you are welcome....unfortunately, i doubt the exercise price will be adjusted.

that is one of the set back to play warrant, whenever there is dividend payment, it will destroy the value of warrant

the expiry date of Sime-CT is less than 2 week, it is norm for CW to trade in discount as the maturity date are getting closer

furthermore...Sime going ex on 23rd December 2013 for the dividend of 27sen....it looks likely the market have price in the dividend payment adjustment this coming 23rd December 2013....

that RM 3.90 is my reference price for break even...i'm expecting them to offer more than that after reading a few different report from IBs

if really limited to RM 3.90 , i'll not be interested as well :)

Posted by kcchongnz > Dec 19, 2013 03:47 PM | Report Abuse

Posted by passerby > Dec 18, 2013 10:04 PM | Report Abuse
Puncak-CA....one and the only cheapest leverage alternative to Puncak-WB

Puncak CA at 14 sen and a premium of 18% is not cheap. Although it has another year to expire, it is risky because of the takeover talk by the Selangor Government. When taken over, all the time value of CA is lost. Its intrinsic value is only 4 sen. Option pricing also shows it is way overvalued.

Puncak Wb is not attractive too as the gearing is only 1.3 times. Not worth.

gearing level approximately 4.1 times at today closing....
Warrant Price Ex-Price Ex-Ratio Expiry date Premium Gearing
CA 0.140 3.100 6 15/12/2014 18.0% 3.98
Wb 2.480 1.000 1 20/07/2018 4.2% 1.35

please don't get me wrong when I say cheap....I'm referring to the cost per unit regardless the premium base, coz CA is the only CW issued so far, nothing to compare or select....it is either you want to leverage or not only

risky because takeover talk by Selangor Government? If it is taken over at higher price than RM 3.9, it should be ok....else kena makan sendiri

they only buy the water asset Puncak Niaga or buy over the whole company including their O&G arm ?

Posted by kcchongnz > Dec 19, 2013 02:59 PM | Report Abuse

Posted by passerby > Dec 18, 2013 09:56 PM | Report Abuse
@ex-contractor, your heart still strong ? CMSB-CA & CC, look see look see for the entry....
they like to toy with the underlying

Although the call warrants have some months to expire, and premium not too excessive too, the low gearing now at about 3 with CMSB at RM6.62 do not look attractive to me. Furthermore the profile of the warrants is not attractive when using option pricing of Black and Schole.

CW Price Ex-Price Ex-Ratio Expiry date Premium Gearing
CA 0.240 5.10 7.00 18/07/2014 2.4% 3.9
CB 0.375 4.50 6.00 30/09/2014 2.0% 2.9
CC 0.270 5.00 8.00 24/10/2014 8.2% 3.1

ya, low gearing but what other options do the punters have ?....they got non other than these 3 CWs available....if they were to ride on CMSB uptrend, they have to pick either CA or CC...else can just look see look see

apart from the CWs...if you can notice the insiders movement at SDRED...

Padini-CD, also one and the only leverage instrument for Padini

but watch out for the disposing activity by abang-adik OCBC/Great Eastern

Puncak-CA....one and the only cheapest leverage alternative to Puncak-WB

gearing level approximately 4.1 times at today closing....

@ex-contractor, your heart still strong ? CMSB-CA & CC, look see look see for the entry....

they like to toy with the underlying

weaker MYR is always good for the export industry....

they should be doing better next quarter....for the same period of Oct to Dec Year 2012, the CPO price was trending around RM 2255 to RM 2603.....downtrend

this year, for the same period...Oct to current 18 Dec 2013...the CPO price is trending around similar range from RM 2260 to RM 2670...uptrend

just a rough comparison at http://www.palmoilhq.com/palm-oil-prices/

hello friend....WA not entitle to any dividend payment:)

it should be 2 ways equation....the premium level can be reached by lowering the underlying price as well....

someone just warned the risk yesterday if i'm not mistaken

not this stock...it should be BIMB-WA.....they are moving independently on each another now....defying the equation when the underlying move, then only will the son move...

yes...cast the spelll....