Hi Bro Ryls, Appreciate the details provided. Though I can understand yr point but we do not necessary hv to agree on our differing valuation assumptions. Hence we can agree to disagree on it! As for hoping to break the 4.45 resistance today, I agree! Haha!
Hi Bro Ryls, In my humble opinion, for growth stock, the valuation by Mr Market is always based on the potential of its future earning. Hence the PE would be very high if it is calculated based on past earning. Hence, it's no surprise of the current high PE for JHM as its future earnings are expected to increase significantly.
Still waiting for JHM to announce the date of EGM. I still think it is on 26 May 2017 2.45 pm. Then the following week Monday, the ex-date will be announced and usually it will rally when the ex-date is confirmed (just like HAIO).
Any particular reason why the counter will rally after the ex-date is announced? Rally for the bonus, should be immediately after the bonus is announced, isn't it? Announcement of the ex-date is no longer a news but just an inevitable adminstrative process, right? Just curious.
randomwalk: Any particular reason why the counter will rally after the ex-date is announced? Rally for the bonus, should be immediately after the bonus is announced, isn't it? Announcement of the ex-date is no longer a news but just an inevitable administrative process, right? Just curious. ===================================================================== Just like HAIO, it rallied for two days. First day, after the approval of bonus issues during EGM. Second day, immediately the ex-date was announced, it continued to rally.
Drop by 0.05 is considered bad day? Is it then consider a good day by those waiting at the side eager to get into the boat? I consider it as healthy consolidation!
randomwalk: Drop by 0.05 is considered bad day? ====================================================================== My case is different. If one is holding one or two lots never mind. But I am holding a lot.
If we go by percentage, it doesn't matter how much one holds. Is 1% consolidation that bad? In my humble opinion, unless it is time to sell, else fluctuation of a few % either way would not make us any richer or poorer but just changes in the numbers!
I went through all the announcements of Bursa Malaysia. So many companies have already come out with "General Meetings: Notice of Meeting". Our dear JHM still not yet come out with it. I would like to attend the meeting to vote. Hopefully tomorrow, JHM would come out with the notice of meeting.
Analysis of Shareholdings (Cont’d) as at 31 March 2017 LIST OF THIRTY LARGEST SHAREHOLDERS NAME NO. OF SHARES HELD % 1 TAN KING SENG 44,917,379 36.302 2 NOBLE MATTERS SDN.BHD. 24,994,163 20.200 3 FIRST SHARE SDN BHD 5,664,095 4.578 4 TAN CHIN HONG 3,105,496 2.510 5 ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR RONIE TAN CHOO SENG (8058147) 3,000,000 2.425 6 HSBC NOMINEES (ASING) SDN BHD HSBC-FS I FOR SAMSUNG ASEAN SECURITIES MASTER INVESTMENT TRUST 2,137,600 1.728 7 LIM LENG NA 2,000,000 1.616 8 MAYBANK NOMINEES (TEMPATAN) SDN BHD TEY TIAN FOO 1,460,000 1.180 9 CHEAH CHOON GHEE 1,457,500 1.178 10 RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR FONG SILING (CEB) 1,200,000 0.970 11 UOB KAY HIAN NOMINEES (TEMPATAN) SDN BHD EXEMPT AN FOR UOB KAY HIAN PTE LTD (A/C CLIENTS) 1,000,000 0.808 12 MAYBANK NOMINEES (TEMPATAN) SDN BHD SAW KONG BENG 946,200 0.765 13 MALACCA EQUITY NOMINEES (TEMPATAN) SDN BHD EXEMPT AN FOR PHILLIP CAPITAL MANAGEMENT SDN BHD (EPF) 869,400 0.703 14 DB (MALAYSIA) NOMINEE (ASING) SDN BHD SSBT FUND RCEN FOR GEORGETOWN EMERGING MARKETS FUND SPC, LTD. 705,500 0.570 15 CHAW TECK LONG 660,000 0.533 16 PUBLIC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR CHANG SENG KOOI (KLC/KAF) 560,000 0.453 17 TEY THIAN SING @ TEE THIAN KERN 556,600 0.450 18 KHOR THEAN LEE 500,000 0.404 19 CIMSEC NOMINEES (ASING) SDN BHD PLEDGED SECURITIES ACCOUNT FOR MARIANNA PASCAL (J KUNING DUA-CL) 478,000 0.386 20 CIMSEC NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR TEY BIN YUEN (KUNING 2-CL) 470,000 0.380 21 SHUM THIN SOON 469,400 0.379 22 MAYBANK NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR TAN POH KHOON 436,000 0.352 23 TAN HUA LEE 430,000 0.348 24 TEY BIN YUEN 428,200 0.346 25 CARTABAN NOMINEES (ASING) SDN BHD EXEMPT AN FOR BARCLAYS CAPITAL SECURITIES LTD (SBL/PB) 414,800 0.335 26 KONG LI THEN 400,000 0.323 27 HO AH JANG @ HOO SOO JANG 371,800 0.300 28 NG CHOON LUK @ NG CHOON LAK 365,000 0.295 29 LIEW MEI HIN @ LIEW MEE HIN 360,900 0.292 30 LIM ZI YANG 350,000 0.283
Next month (May) will not be good for money losing penny stocks as they reveal their results one by one. Many telegram groups trade those stocks by FIFO (fast in fast out). Better don't get burnt. Keep to strong fundamental stocks.
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....
tecpower
3,536 posts
Posted by tecpower > 2017-04-21 07:38 | Report Abuse
http://www.cnbc.com/2017/04/20/us-markets.html
Dow Jones, tax hint