My wife did, thinking it was a good share with relatively low PE and decent profits. But it was an investment mistake. Should the price regain lost ground ( I think it will be a long long wait ) she will dispose off the shares at the slightest opportunity
I can bet with you over a cup of coffee that come July 2014, Yee Lee will still be sluggish. Long wait for two or more years before we can see bonus issue.
I don;t see any product from yee lee is so special and can really make money. They are so diversify (trading, produce tootbrush, cooking oil, plantation, tea, packaging material,, distribution....) until all this small-small kacang putih product contribute little profit. They don;t really have any speciality. The only special is the big eagle logo at their HQ building. Even the glove factory at bidor also nearly close down. So, how to expect their share price can grow. The only thing their share price can go up is bonus issue , then this bonus issue will mask the old history price. We all small retailer still think the price is cheap and can buy but actually is too expensive.
You are right and realistic, Jolie. Thumbs up for you!!! Can somebody explain how a fast turnover product such as the cooking oil with low margin contribute significantly to the company bottom line. Slow and steady perhaps, historically but not at the present time. In the current annual report, the company has warned about rising costs, competitive market for cooking oil squeezing profit margin?
actually i don;t want to bocor that yee lee have 30% of spritzer. Since it has already bocor, i just want to say that the spritzer market will be shrink further and with the distribution cost getting higher (due to petrol cost,....), they won;t able to increase the product cost. The margin will shrink further. Do you think people will still buy spritzer if expensive ? The chinese will better buy carlsberg to drink better. The indian will better buy guiness stout The malay sure don;t buy sprtizer although it cheap b;cos it tasteless. They would prefer sirap.
Malay drink sirap? No wonder so many have diabetes. Better tell Najib to control Spritzer high prices. Cut down spritzer prices to save the Malays. Ha!Ha!
Hi, Eric, I wish your dream comes true!!! However, i am skeptical about the prospect of share price short- term, mid- term or otherwise. With the implementation of GST next year, prices of items including cooking oil and mineral water will go up. With inflationary pressure and reduced household disposable income, many households will naturally switch to cheaper products which may cause adverse demand of the company's core products cooking. Simple economics will tell you that when prices of products go up, demand fall ( cheaper brand may experience increase in demand ). What then is the long term plan of the company to address and mitigate the adverse impact. If i am not mistaken, the company had recently purchased some land in Sabah for cultivation of oil palm. It may be a blessing or it may be a sour investment. You see, currently oil palm industry is facing the following problems : (1) over production causing build up of stocks and inventories (2 ) low oil palm prices , even below break-even price (3) threat of alternative soya bean oil (4) drop in global demand of palm oil (5) increasing global oil palm production as yield from Indonesia increase. If price of oil palm is below cost break-even price, then the company may have serious profit implication and it may be cheaper to buy from external source rather than bearing the higher cost of maintaining the oil palm plantation. I may be wrong, but friends, you evaluate the prospect yourself.
What is so great about mere 3 cents dividend payout per share ( now rm1.79 or 179 cents) when the company is raking in EPS about 19 cents for the FYE 2013. With little or no appreciation in share price, might as well invest in bank's fixed deposit which pays higher than 3% p.a.for every 100 cents
As investor, what are you looking for as return in an invested stock? Obviously, it is the good dividend payout, appreciation in share price and/ or bonus issue.( with capital gain after ex-date ). If none of these happen, then what is the purpose of investment
Somebody is a paranoid, got easily agitated in a personal discourse. All along the writer is just giving his personal comments and views on the stock which may or may not concur with the view of others including HJey's. In no way is the writer's comments making or attempting to make any deliberate act to discredit HJey's comments. Her personal attack on the writer is unprofessional and deemed vexatious.Be professional, HJey!
well, who makes money from stock market > 50% for the past year? yeelee gives you a 50% return in capital for the past one year. good deal or it depends on how you deal with it. 1.70 now consider low compare to the future EPS expected 20cents / share.
haha Tipster, true that. I'm working around YL and I know how is the remuneration/bonus and benefits of YL towards the employees. hence they wouldn't be much generous to the shareholders too.
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....
Goinvest88
495 posts
Posted by Goinvest88 > 2014-06-08 19:07 | Report Abuse
Do you holding the share now?