NAIM HOLDINGS BHD

KLSE (MYR): NAIM (5073)

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Last Price

1.08

Today's Change

-0.01 (0.92%)

Day's Change

1.07 - 1.10

Trading Volume

269,300


13 people like this.

10,335 comment(s). Last comment by TheContrarian 1 week ago

Posted by AllanTingAS > 2021-03-10 22:35 | Report Abuse

Today market very good and sold all. Waiting for another to enter. Happy trading. To be logic, can't back to 0.70 if can back to 0.75 then safe to enter as the SD will be 0.08!

yingzhe17

878 posts

Posted by yingzhe17 > 2021-03-11 11:03 | Report Abuse

Yea, sell all today. Buy back later

Romyzam

235 posts

Posted by Romyzam > 2021-03-11 18:58 | Report Abuse

Thank you Naim. Will come back if retrace.

maksuna

18 posts

Posted by maksuna > 2021-03-12 16:00 | Report Abuse

Dividends coming?

Posted by AllanTingAS > 2021-03-12 21:57 | Report Abuse

Congratulate to those keep till now, at least making 20% profit! That why don't influence by negative comments. Will reenter once drop back.

thesteward

6,782 posts

Posted by thesteward > 2021-03-14 21:36 | Report Abuse

Nice. Rm2.63 is the Nta. M investing n holding for at least rm2.. eps 10.72 N p/e 8.44. Super duper. High divvy yield.

manny88

12 posts

Posted by manny88 > 2021-03-19 16:00 | Report Abuse

dividends still coming?

Jef3880

63 posts

Posted by Jef3880 > 2021-03-24 09:56 | Report Abuse

Hi guys,I'm newie here , is it okay to enter now at $0.82 .... Pls advice Sir tqvm

Swcm98

152 posts

Posted by Swcm98 > 2021-04-05 18:39 | Report Abuse

Naim can keep for long term. Good dividend

chankp7010

614 posts

Posted by chankp7010 > 2021-04-08 16:56 | Report Abuse

When is the final special dividend promised to pay to shareholders upon disposal of the
piece of land last year? As the FY 2020 has completed and submitted to SC, I don't see
any good reason to delay any further or at least a specific time line needs to be mentioned.
Remember, the interim dividend of 9.90 cents was paid but another 8.10 cents to make up the 18 cents agreed upon yet to be paid.

Swcm98

152 posts

Posted by Swcm98 > 2021-05-17 16:53 | Report Abuse

Share continue to drop...

Posted by Supermax2020 > 2021-05-23 07:02 | Report Abuse

Don’t catch a falling knife bro! You will never know the bottom price of a downtrend stock!

Posted by AllanTingAS > 2021-05-23 20:46 | Report Abuse

Only catalyst is waiting for announcement of 8 sen or QR is good. Then price will move to 0.80-0.85

Swcm98

152 posts

Posted by Swcm98 > 2021-06-21 18:14 | Report Abuse

So quiet here.. no comment?

Shines

2,824 posts

Posted by Shines > 2021-07-01 14:04 | Report Abuse

Balance div pun xada news

Posted by riskabsorber > 2021-07-02 18:20 | Report Abuse

No dividend will be declared as per the quarterly report and annual report. No one asked during AGM also.

Shines

2,824 posts

Posted by Shines > 2021-07-04 12:01 | Report Abuse

Yes, the BODs owed the shareholders an explaination on the balance of Div

Mikecyc

46,777 posts

Posted by Mikecyc > 2021-07-04 16:56 |

Post removed.Why?

chankp7010

614 posts

Posted by chankp7010 > 2021-07-05 15:32 | Report Abuse

After AGM still no news on the date to pay 8.1 cent dividend as approved in EGM in respect of
the disposal of land.

Posted by Benhobenhobenho > 2021-07-07 09:24 | Report Abuse

Yes, where's the balance of the dividends promised last year? Still waiting

Posted by AllanTingAS > 2021-07-07 21:39 | Report Abuse

Can someone help to call the secretary to get the answer?

Posted by Pattankhaw > 2021-07-08 21:51 | Report Abuse

Pls no empty promises ok

Posted by Wilfred51a > 2021-07-09 19:28 | Report Abuse

0.079

Shines

2,824 posts

Posted by Shines > 2021-07-09 19:57 | Report Abuse

Atlast out 7.9 sem Xd July 26

chankp7010

614 posts

Posted by chankp7010 > 2021-07-09 20:26 | Report Abuse

Declared 7.9 cents dividend is still short of the promised 18 cents.

calvintaneng

56,623 posts

Posted by calvintaneng > 2021-07-10 18:41 | Report Abuse

Naim has kept to its promised dividend

Now go buy Palm oil shares like

TSH, TAANN, THPLANT, JTIASA OR BPLANT

ALL WILL START GIVING DIVIDENDS AND "FREE BONUS" ISSUES AS WELL IN THE COMING PALM OIL BULL RUN TIME YET AHEAD

Posted by valuewood11 > 2021-07-10 23:28 | Report Abuse

thanks calvintaneng for the tips

Posted by Wiseman169 > 2021-07-14 02:04 | Report Abuse

NAIM (5073) - The perfect play as the beneficiary of the coming Sarawak state election?! Strong fundamentals with a 10% dividend yield and RM2.61 NTA!

Political-linked Catalyst
As we all know, the Sarawak election should have happened months ago. The Darurat was the reason why there is still no election held. Our minister KJ has said multiple times that Sarawak is given priority for Covid-19 vaccination.

State election is a war without smoke. And war needs money. The best way to get is via the capital market. Datuk Abdul Hamed Sepawi is a substantial shareholder in Naim who holds 6.5% of the stake in Naim. Datuk Abdul Hamed Sepawi is the cousin of former Sarawak chief minister Tun Abdul Taib Mahmud. Therefore, this undervalued political-linked counter is probably the best candidate to achieve the goal.

Valuation Catalyst
Let us keep everything simple, all you need to know is the stake Naim holds in Dayang worth RM369.88 million as of now, and currently, Naim is holding RM342.09 million of cash. These 2 add together worth RM711.97 million and the current market cap of Naim as of now is RM398 million. A potential 78.88% of upside assuming its original business worth ZERO!

Naim just declared a dividend of RM0.08 per share. This translates into a WHOPPING yield of 10% based on market price of RM0.79 per share!!!

Some Financial Ratio
P/E: 6.74
ROE: 4.41%
Dividend Yield: 10.19%
P/B: 0.30 (NTA RM2.61 per share)
5y CAGR PAT: 9.9

Business Catalyst 1: Naim could play a more prominent role at Dayang
Naim holds 26.42% in Dayang Enterprise holding berhad. According to The Edge, Naim Holdings Berhad could start playing a more prominent role in the oil and gas firm. This is a double engine growth for Naim as this will benefit Naim’s Oil and Gas infrastructure business and Dayang business. Moreover, the recent spike in Brent oil price will also benefit Naim as well. If Naim could hold more stake in Dayang, we could see a strong recovery in earnings from Naim.

Bear in mind that Dayang has a market cap of around RM1.6 billion, Naim holding 26.42% of Dayang’s stake, this could translate into RM369.88 million. The current market cap of Naim is just RM398 million as of 12 July 2021.

News Source: https://www.theedgemarkets.com/article/NAIM-could-play-more-prominent-role-dayang

Business Catalyst 2: Naim Holdings Berhad aiming to build 500 affordable homes in 2 years.
The estimated gross development value (GDV) of RM185mil, these residential homes would be constructed in Kuching, Miri, and Bintulu where most of the Naim group’s land bank of about 1,560 acres are located. The group intends to kickstart part of the proposed development in the fourth quarter of 2021. You can refer to Lagenda Properties who are doing the same affordable home.
News source: https://www.thestar.com.my/business/business-news/2020/10/12/NAIM-holdings-to-build-500-units-of-affordable-homes-in-2-years

Technical Analysis

Today the price gapped up and broke the resistance of RM0.775, forming a breakaway gap supported by volume. Although the price closed lower today (probably due to the weak sentiment of the market), it is still on the support line. If the price maintains at this level, we might see the price rally to challenge previous resistance of RM0.92 before breaking the previous high. Moreover, the price is trading above 10-day EMA, 20-day EMA and 50-day EMA, which indicates a short to midterm uptrend. The supports of Naim are RM0.72 and RM0.775, respectively. The resistances of it are RM0.82 and RM0.92, respectively.

Shines

2,824 posts

Posted by Shines > 2021-07-14 13:21 | Report Abuse

How come throw down

Swcm98

152 posts

Posted by Swcm98 > 2021-07-14 13:53 | Report Abuse

With 0.08 dividend can’t believe it’s down

sadforvivo

172 posts

Posted by sadforvivo > 2021-07-14 15:44 | Report Abuse

i just buy at 0.75. pray hard for me....

Shines

2,824 posts

Posted by Shines > 2021-07-14 22:05 | Report Abuse

Early morning selldown 10bits

Kabali

331 posts

Posted by Kabali > 2021-07-15 17:19 | Report Abuse

Maybe need political fund....

Kabali

331 posts

Posted by Kabali > 2021-07-16 03:02 | Report Abuse

Time to buy more

Posted by valuewood11 > 2021-07-17 22:20 | Report Abuse

why director selling?

yleng83

107 posts

Posted by yleng83 > 2021-07-18 10:35 | Report Abuse

share price will fall after dividend paid, not worth for short term investment.

yleng83

107 posts

Posted by yleng83 > 2021-07-18 10:40 | Report Abuse

now price drop back to the div announcement day and a lot of selling on 16 july.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-18 11:14 |

Post removed.Why?

Posted by Eddie Shuhel > 2021-07-19 09:41 | Report Abuse

Roadblock already cleared.....

oasischeah

1,461 posts

Posted by oasischeah > 2021-07-19 12:16 | Report Abuse

Wanted to buy but not sure as the directors seem selling. Maybe they know some negative news. This share was very good during Najib PM time.

oasischeah

1,461 posts

Posted by oasischeah > 2021-07-19 16:22 | Report Abuse

Decided to wait till Wednesday to see as the share is stagnant today.

Kabali

331 posts

Posted by Kabali > 2021-07-19 17:21 | Report Abuse

No more roadblock......addding moreee

Allenlee

603 posts

Posted by Allenlee > 2021-07-20 23:55 | Report Abuse

This Wed 22nd Sarawak CM wil announce Sarawak Election soon

Allenlee

603 posts

Posted by Allenlee > 2021-07-20 23:58 | Report Abuse

Every time before Sarawak election, Naim wil rocket up

Kabali

331 posts

Posted by Kabali > 2021-07-21 13:04 | Report Abuse

No more selling...time to buy for dividend

lawpc128

82 posts

Posted by lawpc128 > 2021-07-22 14:34 | Report Abuse

Major shareholders datuk abdul n tapak are selling. Why?

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2021-07-23 01:13 | Report Abuse

dispose this time no untung and after ex date will drop further hmmmm

Posted by AllanTingAS > 2021-07-23 21:00 | Report Abuse

If ex div will be 0.68, can buy some for pocket money.

Posted by chuajinsheng > 2021-07-25 23:39 | Report Abuse

tmr will be how much?

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