Earnings announcement coming end of this month. Expecting to perform above 3 sen per share. More activities in the coming weeks approaching earnings season. Buy to accumulate. If good I believe Ricky will call for more write ups in the news. Invest at your own risk.

Look at the daily volume over the last few weeks. Green bars overshadow the red bars indicating smart monies are accumulating this counter slowly taking opportunities to wait until all the weakholders are out. Expecting more good news to come in d coming months.

The corporate exercise, announced in October 2013, involved a renounceable rights
issue of 86.569 million new shares on a two for one basis. Bright Packaging also issued 57.71 million free warrants on the basis of one warrant for every three rights shares subscribed. I believe Ricky Wong did not buy at the price of RM 2.09. More information on Ricky Wong's purchases of Bright shares http://bright.irplc.com/medianews.htm?filepath=BRIGHT/BRIGHT-TheEdge-24022014.pdf

One thing for sure is that at the current price the share is very cheap compare to those who bought them before the right issues.

Ricky already holding 32.8% and my guess is that he is already holding more than the registered figure thru nominees. Ricky will never use his own money to fund the takeover. All this can be concluded from the news he has been wanting you guys to know about. Journalists are all paid to write up a good story. So Ricky definitely wants the price to be higher than his purchased price. Not to mention the hedge funds, HALLEY also went in and bought a 9% stake. The reason why the price drop is because of people selling on the news. After all these weak holders are taken out will you see a gradual increase of the share price to reflect the true value of the stock. Please take note that not too long ago many investors were trapped when the price went up to RM 2.09 and these investors can't wait to unload their holdings especially when the price reaching 70 sen resistance level.

Assuming quarterly earnings conservatively and consistently maintain at 4 sen a share (last quarter 6.27 sen a share) over the 5 years period or 20 quarters and with no dividend payout. That would come to 4 sen x 20 quarters = 80 sen a share. At current price of 66.5 sen and add 80 sen total earnings throughout the 5 years period the price of Bright Packaging will come to RM 1.465 sen. Warrant will be in the money (RM1.465-82. sen strike price) at 80.5 sen a share. At 24 sen Bright-wa is deemed cheap because in 12 months Bright price should be trading around 82 sen (4sen x 4 quarters = 16 sen) a share or at the money.

http://bright.irplc.com/medianews.htm?filepath=BRIGHT/BRIGHT-TheStar-11022014.pdf

As at Feb 11 2014 Wong Shee Kai holds 32.81% from 22.73% in Oct 2013. Please note that one year ago exactly feb 21 2013 the market capitalisation is at 90 mio before the right issue exercise. At current price of 66 sen the market price is only RM 85 mio. Moving forward this stock is going up. Any down day is a good time to accumulate. Again BUY at your own RISK.

This is a no brainer investment. With market capitalisation of RM 80 mio and a cash reserve of 62 mio or 48 sen (RM 15 mio before right issues and RM 47 mio (additional 86,569,800 shares x RM 0.55 per share) arising from right issues exercise plus the dilution of shares ownerships this company is a good candidate for takeover. I believe the new management will accumulate more shares to take control of the company fully.

This company has zero debt and more than RM 55mio in cash or 43 sen a share. Include recent revaluation of properties at RM 28 mio or 22 sen a share, the total from this two components alone is at par with the current price of 66 sen.

Current PE is at 5.7 and good quarterly earnings of 2 sen or 8 sen per annum. New Management and ample cash on hand make this company a hidden gem and must have stock to own.

Strong Opening Price at 64 sen and finally closed at 63.5sen. Expected price to continue uptrend until it reach the resistance level of 67 sen.

Jt volume is low and anyone with margin of rm 100mio can easily move the market. they are not super investors but market manipulater. Do u know that if u r a hedge fund ur commission is almost zero and u can move in and out of the market in warp speed. Just a tick up and u r already in profirs.

finally the price broke from its base and should see more interests after closing at 61.5sen with a long solid candle.

As expected this counter went into the slumber mode again with volume shrink to their usual selves. More evidence that smart money were accumating this counter quietly from time to time. Good news is that price manage to maintain at the 15 sen level.

ASB saw big volume executed at the opening bell today and managed to close at 15 sen. Looking at previous months trades these activities confirmed smart money accumulating the stock usually for one day only. However this time the price action is more convincing with an uptick of 2 points (1 sen). Last two high volumes in Dec 19 2013 and Jan 07 2014 come to no winner and no loser in sight. Closing Price remain unchanged. However it would be interesting if tomorrow ASB can demostrate the same price action with volume of more than 8 mio shares transacted. ASB is very undervalued and I hope someone like Mr. Koon will take notice of this gem too besides JT.

Dear Mr. Koon,
Great posting. It looks like you are betting heavily on JT against your other stocks position. Can you tell us what is your portfolio weight of JT in percentage against your total portfolio? Before you invest in JT, you definitely have an exit strategy if you are wrong. I am worrried that the traders here will follow your recommendation and invest heavily on JT without knowing when to exit if your recommendation go against you. From what I read on their comments that is what was happening to them. With RM 100 mio at your disposal you can definitely pump and dump the price as when you like but not the little fish like us. Hope you can share more of your money management and position sizing strategy so that the traders can learn how to let their profits run and cut their losses short.

Buyers still very reluctant to bid the price higher than 82 sen to stay along the support line of EMA 10days. This weakness continue all day untill one hour before closing when the price dip to 80 sen (major suppor level for 4 consecutive days) and settled at 80.5sen at closing. Mode is now bearish and EMA-10days is starting to be flat and non-trending. We need more good news as a catalyst to drive the price up with strong volume. Trading volume continue to deteriorate and current price weakness is due to weak hands playing the market at this moment. Any price below 80 sen will be a good buying opportunity for new traders in the market.

Bulls again showed their strength in late minute buying activities to push up the price from as low as 80 sen to 82 sen in the last few minutes before closing. This clearly showed that the smart money traders are accumulating and supporting the stock from going below the EMA 10 days. The counter loss a tick and market participants remain uninterested to take any position.

Agreed with Eskay.

This counter is a well managed company. The company enhance shareholders' value through Innovation and Technology. Currently the company PE is at 5 because all their new businesses are at their infancy phase. For the last 2 years the company had registered an annualised net profit growth of 20%. If it can maintain the same performance very likely it will attract many fund managers and improve the PE to 8-10.

For traders the current price is at 82.5 sen a little over the EMA 10-day of 82 sen. All short term up trend still intact. Anything below 82 sen will see more selling pressure. Looking at the volume at friday's closing against the previous day, the profit taking activities should subside now and more bargain-hunting interest will push up the price to the resistance price of 90 sen. If that is not the case sell the stock at 81.5 sen.

PS Buy at own risk.




.

Daily Price increment at 1.5 sen for the last 3 days with fairly the same volume. Price continue to support during the last trading hours. Next resistance level is at 90 sen.

I believe the stock has more rooms to charge ahead. At current low PE ratio this company has all the ingredients and right businesses for the fund managers to take notice.

over the last 3 months there were many converage on thier potential projects from waste water treatments, Langat 2 to properties as well as Liew of SP Setia coming on board. This news are all coming very very soon.

volume just spike up yesterday. this company has just set up a subsidary in Sri Langka. Expecting another big project announcement soon. They are the sub contractor to IJM, Salcon, etc..

more goodies are coming to Salcon.

Awarded 18-year govt. concession to manage, build,and lease the Malaysia National Technology Advancement Centre in Alor Gajah, Melaka with total construction cost of RM 240 million.

ASB hidden gem includes her subsidary company Unified Communications Holding Limited (UCHL) listed on Main Board of Singapore Exchange valued at SGD 13.5 million. They own 58.3% or SGD 7.87 million.

It will not surprise me that there will be many potential investors considering their products are acceptable in the market. More so the business is generating a daily cash of RM 300K a day even when their status is a PN17. That tells you that the support from suppliers are there. Their equipment are the best among the breadmakers and the company has been in the business since 1960. All ingredients for a successful business.

with strong backers like LTH and Berjaya getting out of PN 17 shouldn't be a very difficult task.

In the case of Silver Bird Group, the major shareholders are

1. Lembaga Tabung Haji 22.19%
2. Berjaya Corporation > 10% (indirect holdings ..Rantau Embun Sdn Bhd).
3. Kooperasi Pemodalan Felda Malaysia 12.7%

As reported in 2012 annual report.

Say efforts to rescue this stock out of PN 17 is unsuccessful, What do you think will happen to Silver Bird? Silver Bird will definite get unlisted but what happens before that, well...

Surely the shareholders will likely to drive up the stock prices to dispose off their stakes and time for you to ride on it if you are not greedy.

This was what happened to Transmile counter when it finally out of the list but in-betweens they manage to get the price up a bit.

Happy Investing!

Tax exempt. Tomolo up by 8 sen with increasing volume.

HAP SENG ANNUAL REPORT 2012. http://www.hapseng.com.my/investor.php
http://malaysiafinance.blogspot.com/search?q=hap+seng
http://www.tradesignum.com/

Hap Seng Consolidated has been aggresively buying back their shares lately in anticipation of good earnings arising from the proposed sale of the car business in vietnam which could contribute RM 200 millions windfall gain. Besides plantation sector, all sectors are expected to perform well. The company continue to pay good dividends of 7% last year and this trend should continue at an increasing rate given their dividend policy of 50% payout ratio. At PE of under 10 I believe this company is another hidden gems yet to be notice by instituitional investors. With landbanks in Johor, Sabah and KL and at low valuations this stock is waiting to explode to its potential. Share buyback is a good thing as it provide support for its price when market is down. Only problem is do you have the time to wait?