Posted by kcchongnz > Dec 19, 2012 08:29 AM | Report Abuse
“The stock market is filled with individuals who know the price of everything, but the value of nothing.” - Philip Fisher
Since this website is called i3investor, not i4punter, When someone post something about "value" 价值 which I think is totally inappropriate, I think I should say something. This is because I am a big fan of "value" in investing.
May be this may benefit some people here, including the one who has been blowing the trumpet for knm. Unless of course if everybody thinks that I am talking nonsense here and say "save it, we don't want to hear about it". Then I will gracefully f off.
"value of knm is 1,20", just how do you derive the value of knm to be 1.20? knm is "undervalued", just what are you basing on?
Its assets? Have you look into detail what are its "assets" made up of?
Its earnings? What is the earnings made up of? Is it real? Is it supported by its cash flows? Or are they imaginary?
If so with the earnings, what is its "value"? How do you derive it?
With the derived value, is the price really undervalued? Why?
Other non-financial aspects are for example, is the management credible? Are they candid enough? Have they been talking nonsense fro the past years, telling shareholders that they would make how much and how much. And have these materialized?
Are they focus on improving their business? Or they just do empire building by acquiring this and that with hefty prices? Or
Are they just interested in frying the share prices, because they own a lot of shares?
If you say somebody will fry knm up to 1.20, 2.00 10.00 or whatever, I am not going to argue with you. I will not say it won't happen too.
You too seem to have a lot of followers. I don't want to spoil the party and good luck to all of you too.
But when you talk about value 以价值为投资标准, show me how you get the value.
May be some of you in this forum, albeit less of you, would be interested in value too.
I dowan to comment anything but u r the 1 who force me to appear. Don't spread your lies here lar........ ada news lar, ada ni la, ada tu lar, kau sai ada lar
lol, u all see this bullish, linking me to lmf without proof. This is the same things how he spread news that Gocean will shoot. He try to ask u guys to buy this counter so that the price will continue to go up where he is waiting to sell off his portions.
Green Ocean banks on new technology for profit KUALA LUMPUR: Green Ocean Corp Bhd is poised to post a record profit of between RM15 million and RM20 million in the financial year ending 31 March 2013. The loss-making company is expected to register its first profit in four years for the financial year ending 31 March 2012. “We should make a profit in the range of RM2.5 million,” said its group managing director Lee Byoung Jin in an interview with Business Times. Lee, a South Korean national, and parties aligned to him control about 28 per cent of the company. Lee is banking on the company’s exclusive technology to push the company back to the road of profitability. The technology was developed by the Malaysian Palm Oil Board (MPOB), and Green Ocean pays the board a royalty for 20 years of exclusive use of the technology. The technology, known as Novelin, allows Green Ocean to produce cooking oil which has cold stability at zero celcius, which means it can be used during the cold winter period. Palm-based products tend to solidify at about 24.1 degree Celcius, which means palm oil-based cooking oil can’t be used during winter. The Novelin technology, which has been trademarked by the MPOB, is a game changer in the global cooking equation as it removes palm oil’s Achilles’ heel in cold weather. If proven to be commercially successful on a large scale, it is also a significant cash cow for Green Ocean, which has already commercially tested its products in the South Korean market. Green Ocean has never posted a double-digit profit, and Lee, who took the company over some three years ago, has been busy cleaning up the company’s balance sheet. Today, the company has about RM9.70 million debts and about RM34.78 million assets, and Lee is excited about the future. “We are expecting to get a grant of about RM24 million from the government’s Performance Management and Delivery Unit (Pemandu) sometime in March to build a new factory. The new factory will help us increase our production capacity by as much as 10 times."Our current production facility has a capacity to produce 11,000 tonnes of cooking oil, but with the new plant, our capacity will increase to 100,000 tonnes," Lee said. Green Ocean currently has a pilot plant near Port Klang, and the new plant, which will take about nine months to complete, will be located in the same area. He added that Pemandu is involved because the project undertaken by Green Ocean is part of the government's Economic Transformation Programme. Lee proudly pointed out that his company is 100 per cent export-based, namely to South Korea and China, and that Green Ocean is the only company in Malaysia with the exclusive Novelin technology. "We are the first and only company doing this right now," said Lee.
If production capacity were to jump 10-fold, then earnings would surge as well. U have to go long until the investment materialises to enjoy the full benefits of your shareholding. Probably share price would escalate 2-3x by end-2013. This is my guestimate only. Where can you double your money if not in growth stocks like GOcean? But...you have to go long in this investment...in other words....be a faithful and supportful shareholder for sometime to enjoy the fruits of your investment in GOcean.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tonylim
4,796 posts
Posted by tonylim > 2012-12-19 11:36 | Report Abuse
Bull whose turn to buy 2 units now