Budget 2013, due to be revealed at the end of next week, is expected to be a people-friendly one yet again and contain more “goodies” for the lower income group by way of cash incentives and assistance programs. While not necessarily a direct beneficiary of these measures, consumer plays will continue to be in focus we believe, particularly ones involved in staple items like food.

Amongst stocks under coverage, we like QL Resources (Outperform, TP: RM3.83) and Kumpulan Fima (Outperform, TP: 3.21). We also like the growth prospects of Kian Joo.

Source: PublicInvest Research - 18 Sep 2012

100 % sure Pradeep

Fandi,franly speaking very difficult to find now adays. My other key holdings are POS, Zhulian and Digi which are the one has huge cash pile. But they are not trading at low p/e anymore.

Agree with you Pradeep. Aiming 2.25 now at first target.

Passerby, the merger is definetly a catalyst for Kfima.

Actually Kfima which has a strong balance sheet should reward shareholders in their 40 year anniversary. Look at Johor Tin, Diabochi Plastic. The share price has been outperformed since their bonus issue announcement.

Gentleman are you all done?

gentleman enough is enough. I 100% agree with KONGHUI.

Welcome back Najib. Great Observation!!!!!

Your input is always welcome here.

Kfima Uptrend confirm. Immediate target 2.25

Ha ha NT, I neither Hantu nor Insider. I must declare first that I never leak any info. he he

Ha ha based on my name do you know which race I belong to and which IB I attached to? Hopefully no one will say I am from Bank Singh Malaysia Berhad.....

For me, buying in a a strong fundamental stock at current price will not go wrong.

Get the 8 sen per share before tax in less than three weeks plus capital gain might be right stratergy now.

Still not late to register as voter. We need to decide the future of this country ourselves

No problem Pradeep. Let's have capati together to discuss more about your investor club.

KC Chong, I think the reason why Kfima drops so my much for the past few days is because people has the perception it is a plantation stock which in fact plantation only contributes about 33% of the total profit of the company. Buliking and Printing contribute about 60% of the total profit to the company.

My calculation is very simple

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=K&securityCode=6491

Based on the previous financial result and if I want to predict this coming quarter result, if the company can maintain this quarter profit after tax of RM20 million or EPS per share 7.81 sen, it should be better than last year 2nd quarter of RM16 million profit. So with the NTA and net cash of the company keep rocketing, this counter should be good for long term investment.

I have placed my queue at RM2.00 and the third bet will be decided after attending the coming AGM. I have no qualm to invest more if the managament can give some hints on how to improve the share liquidity( Bonus issues is one of the best option also since the strong balance sheet of the company)and the longly awaited merger and acquisition with Fima Corp.

What I meant is present one idea and debate professionally, if not why are we here?

Tguan a good solid company that one can buy in for long term investment due to its strong balance sheet and good management

I thought this is a professional forum but very surprised to read some comments that really frightening me here

It seems that when Foreign Fund sell , EPF buy and vice versa.
FELDA has turn green while the downtrend for CIMB, Tenaga and has stalled.

Exciting time ahead.

When market is up, they ask you to buy.

When market is down, they tell you to sell.

So who to blame if you are the part of the 80%.

No even bother to read the financial report,let alone understand the business.

So who to blame if you are the part of the 80%.

manage to get some at 2.03 today so that I can get to attend the coming AGM. This is my first bet on Kfima.

As I said before, Kfima need to come out with corporate exercise like Bonus issues/merger and acquisition to make the stock more attractive.

Just look at ECS this morning. The management is smart enough to come out with corporate exercise that seen the stock hit 17 months high.

Benson, currently I am holding oriental holdings, digi, maxis, Zhulian and pos Malaysia. Stock in my watch list is PPB group, genting international, Kumpulan Fima and MBSB.

Not to offend anyone just my 2 sen opinion. One can get 5 years financial figures in the bursa Malaysia website. For me Scomi
and Knm is just a trading stocks. Results for the past 5 years have not been impressive. The yo yo performance of these companies does not qualify these companies in my investment list but merely a speculative counters. For Kumpulan Fima, I am still monitoring the company and is still under my watchlist. While I am impressed with the profit growth of the company for the past few years and strong balance sheet , the illiquid of the stock and the media shy and low profile management does not help. The management need to be more proactive on the capital management to make the stock more attractive. Otherwise people will shy away from this stock.

Thick twice and even thrice before investing in these political linked company. The yo yo performance and ever no sign of paring down the huge debts of the company make the small investor me shying away.

For those who want to buy in the stock that is highly recommended and hotly posted here, let me share with you what are the factors that you should look into before put in your hard earned money.

The stocks that are highly recommended here:-

(1)Berjaya Corp
(2)KNM
(3)JCY
(4)Padini
(5)Scomi
(7)KUB
(8)MRCB
(9)WCT
(10)Kumpulan Fima

Factors to look into:-

(1) The past 5 years result. Whether they are showing growth trend
or other wise.
(2) Business model and Future Prospects
-Are they sustainable? For me it is relatively easy, if the company involves in 4 important necessities : Clothes,Foods,transport,housing
(3) Management or owners integrity. Creating wealth for shareholders or just bunch a crooks that are good in enriching themselves with all the corporate exercise that diluted shareholders' wealth?
(4)Political link
Mostly depends on political connection to get contract but still end up with huge loss in the bottomline.
(5)Cash Rich or High Gearing
A good company when reporting good result must at a same time generating positive operating cash flow as well. Otherwise, beware of the trap. Aviod high gearing company.
(6)Dividend yield.
Whether the company has minimum paid out policy and whether the dividend payment is in the growing trend.
(7)History never lies
If you were to check the record,there are particluary companies very vulnerable when the economy turns bad. You will see the sharp fall of the share price and the management has to call a emergency press conference to cool down the panic selling. I still have fresh memory of how the Dubai crisis has rattled the share price of few companies. I do not have to name it.
(8)The potential of the management to come out with corporate exercise such as Bonus Issues, privatisation or merger and acquistion.

So my bro and sister, do your homework. Do not get conned. Because there are big sharks eyeing you here. If you are buying Vincent Tan's group of companies, ask yourself whether Vincent Tan is famous in creating wealth for minority shareholders. What about political link company like MRCB,SCOMI,KUB. After given so much contracts by the government, have they recorded good results that really impress you? Are the companies still sitting with huge debts and once the economy turns bad can they weather the storm?
What about Kumpulan Fima, what is their previous track record and can the management can be trusted?

Thank yoruself if you have started asking quetions before investing.