Posted by qqq33333333 > 2020-06-01 15:57 | Report Abuse

look at Kenanga....they got 50% Rakuten...$ 4 billion in customer deposits. ...but very badly managed........I mean how can a broker......I mean, how can a stock broker has $ 70 million brokerage fees and $ 70 operating expenses for the 3 months ended 3//2020?...................................................one year $ 280 million for salaries and overheads for such a small operation?

Posted by xterrorsinx > 2020-06-03 23:44 | Report Abuse

We are cautiously optimistic of our business outlook for
the year. As at end April 2020, we have reversed some of the credit provisions made in first
quarter and are on track for a turnaround in the following quarters.

Posted by xterrorsinx > 2020-06-03 23:55 | Report Abuse

Bursa Transaction Volume
March QR 19 - 169b
March QR 20 - 219b (29.59% increase)

Brokerage Revenue
March QR 19 - 37m
March QR 20 - 48m

Brokerage Profit Margin - 15%

Volume forecast Bursa
April - 115b (actual)
March - 120b (actual)
June (forecast) - 120b
June QR 2020 - 355 (62% from March QR 2020)

Expected Brokerage Revenue June QR 2020 = 48 x 1.62 = 79m
June QR 2019 Brokerage revenue = 38.3m
Increase in brokerage revenue = 79 - 38.3 = 40.7m
Increase in PBIT due to increase in brokerage = 40.7 x 15% = RM 6.1m

thing to note:
Rakuten Users in May 2020 - 32,500
Rakuten Users in March 2020 - 70,000

100% increase. Brokerage income increase = 6.1m x 2 = 12.1m
12.1 x 70% (tax) = 8.4m extra per quarter or 33.6 NPAT/ year.

Posted by xterrorsinx > 2020-06-03 23:57 | Report Abuse

TP = 0.86

Posted by veritas > 2020-06-14 13:40 | Report Abuse

#xterrorsinx
Good analysis but where did you get the Rakuten user numbers from ?
May 2020 less than Mar 2020 ???

Posted by klthiam > 2020-07-15 08:22 | Report Abuse

May I know for call warrants once expires. Example Supermax or top gloves. Is it the issuing banker will loose a lot of money?? Thanks

Posted by DannyArcher > 2020-07-20 16:29 | Report Abuse

Stocks to invest for massive future growth (Higher growth = higher revenue = higher stock price), Semi-Conductors, Internet of things, A.I., and Industry 4.0 stocks. These companies export their products and services all over the world, they are not limited to the small Malaysian market, therefore the growth potential is enormous once the economy rebound.


✓ Growing Revenue + Growing Market + Growing Profits = Growing Stock Prices
✓ USA Vaneck Vectors Semiconductor ETF Index Fund (SMH) is breaking out and on uptrend.
✓ These companies are "Buy and hold" type, for long term capital gains, not for trading or speculating.
✓ These companies are well managed and profitable, reasonable PE for tech, low debt or net cash.
✓ CoVid has accelerated the adoption of tech.
✓ Semi-conductor and internet will be the next stock rally once the glove bubble pops.
✓ Please use dollar-cost-averaging investment strategy, don't gamble, don't use margin.


>>> FRONTKN 0128 [ Precision Cleaning Services ]
>>> NOTE: 5th August 2020 - Potential share buyback announcement [ Price Will Increase! Buy Now! ]
TSMC's subcontractor (Biggest chip manufacturer in the world), Frontken services their chip making machines. Apple outsource their chips to TSMC, and Apple is moving towards their own Apple Silicon chip, this means even more business in the coming future. A growth stock. Will we be using more or less chips? If the answer is more chips in everything from cars to smartphones, from TV to aircon, then invest now for long term growth!


>>> DUFU 7233 [ Cloud Hard Disks ]
>>> NOTE: 3rd August 2020 - Bonus Issue, Ordinary shares 1:1 [ Price Will Increase! Buy Now! ]
Hard Disk Spacer maker for Seagate, Toshiba, Western Digital. HDD is slowly being replaced by SSD, but with the super growth of cloud computing, HDD will still outsell SSD in the enterprise market because a 16TB SSD is 10X more expansive than a 16TB Enterprise HDD, and High Performance HDD for cloud servers uses 3 or 4 times more spacer components than the typical consumer PC. It is Estimated that Enterprise HDD market value will double from 2020 to 2025. Massive growth as more people get used to the internet lifestyle after lockdown, from paying bills online to scanning your location via app, everybody is forced to use the internet even if they don't want to. Will we be using more of less internet? If the answer is more and more people will use the internet daily, then invest now!


>>> PENTA 7160 [ Robotic Automation ]
>>> NOTE: 4th August 2020 - Bonus Issue, Ratio 1:2 [ Price Will Increase! Buy Now! ]
They are hardware makers, automation is one of their key selling point. As labour becomes more expensive, automation is the solution. They are the biggest robotic automation company in Malaysia with a global footprint. Study shows world population will decline in 2050, we are entering an aging population, this means we need more automate machines due to the lack of labours. Currently they are expanding into the medical industry by offering automated medical equipment, potential growth.


>>> FPGROUP 5277 [ 5G Networks ]
They make key test components for 5G. In the next few years, we will be moving towards 5G networks, this means guaranteed growth as the entire world gradually move towards 5G. Unlike 3G or 4G, the 5G network requires even more towers, this means the demand for their product will be high. Will the world upgrade their networks to 5G or continue to use 4G forever? If the answer is we will move to 5G, then invest now!


>>> TIME 5031 [ Submarine Cables / Cloud ]
They own quite a number of international submarine cables around the world. As more and more people uses the internet, this means they earn even more money. They are continuously expanding their international submarine cable system around the world. They are also moving towards cloud computing, data cloud storage, online securities and more. Potential growth as more and more companies adopt the internet first policy. Will everyone be using more internet or less internet? If the answer is more, then don't wait, invest now!

P.S. For supporting documents, links and images, visit my i3investor blog. Thanks.
https://klse.i3investor.com/blogs/ndcg/2020-07-20-story-h1510607266-The_Next_Rally_Invest_In_FRONTKN_DUFU_PENTA_FPGROUP_and_TIME.jsp

Posted by ruby20 > 2020-08-05 15:05 |

Post removed.Why?

Posted by SideIncomer > 2020-08-05 15:31 | Report Abuse

no energy to push~~~

Posted by Khai Zam > 2020-08-17 13:21 | Report Abuse

Insider: Top shareholder disposed; what does it means?

Posted by EasyInvest123 > 2020-08-22 09:00 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/08/22/bumper-earnings-for-stockbrokers

Posted by EasyInvest123 > 2020-08-22 09:02 | Report Abuse

Kenanga Investment Bank Bhd, a listed independent investment bank, comes in second, handling RM54bil of trades in the quarter and a trading volume of 117.44 billion units.

These, in terms of y-o-y growth, are at 99.04% and 144.16% respectively.

An analyst say it will be fair to assume that Kenanga will see stronger revenue and earnings in its second quarter results, judging by the massive volume and value that it handled.

In the last quarter, the group handled 38.3% higher volume y-o-y while the trading value came in at 25% higher, which led to a 14.41% jump in the group’s stock broking revenue to RM70.72mil.

Posted by Value_Investor_888 > 2020-08-22 11:07 | Report Abuse

Thanks EasyInvest123, The news further comfirmed Kenenaga will be one of the solid winner of higher trading volume/value in stock market from participation of retailers! The coming quarter results will break record high I think...Share price moving up prior results release is good hint on this!

Posted by EasyInvest123 > 2020-08-22 12:26 | Report Abuse

Yes fantastic earning coming, TP 1.20 to hit 2007 record high

Posted by EasyInvest123 > 2020-08-22 12:27 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/10%E4%B8%87%E6%95%A3%E6%88%B7%E6%8E%92%E9%98%9F%E5%BC%80%E6%88%B7%E5%A4%B4-%E9%9C%80%E8%8B%A6%E5%80%993%E4%B8%AA%E6%9C%88-%E4%B8%AD%E9%9D%92%E4%BB%A3%E5%8D%A065

Posted by EasyInvest123 > 2020-08-22 12:31 | Report Abuse

Lots retailers Q open new account and Kenanga will benefit it as 2nd top broker

Posted by EasyInvest123 > 2020-08-22 12:36 | Report Abuse

Top glove/Supermax bonus issue early Sept expect more trading activities n more broker fees for Kenanga & Rakuten

Posted by Value_Investor_888 > 2020-08-23 18:27 | Report Abuse

TURNAROUND Q2 Results For KENANGA

Kenanga on 29/May/2020 announced Q1 results which fell in red due to market crashed during the period of March 2020. The unfavourable result in 1Q20 was mainly due to provision of credit loss expenses as a result of significant decline in the prices of share collaterals for margin clients.

Next week, Kenanga will announce it Q2 results, we are very optimistic about this Q2 earning will come back to record high due to below few factors:

1. Increasing of trading value & volume in Bursa due to overwhelming participaction of retailers in Stock markets during MCO period (Apr – June) and these trading value/volume continue to surge higher from July to Aug. Kenanga for sure will enjoy higher brokerage income in this coming Q2 based on figure below.

Below is the monthly trading volume & value in our Bursa stock market:

Jan 2020: 64.6 B => RM44.2 B
Feb 2020: 66.2 B => RM52.8 B
Mar 2020: 89.7 B => RM65.5 B
Apr 2020: 115.9 B => RM58.6 B
May 2020: 120.7 B => RM70.3 B
Jun 2020: 160.5 B => RM98.1 B
Jul 2020: 214.9 B => RM121.8 B
Aug 2020 (MTD): 208.9 B => RM97.8 B

=> Here are few latest news as reference:

Exclusive: Bumper earnings for stockbrokers

https://www.thestar.com.my/business/business-news/2020/08/22/bumper-earnings-for-stockbrokers

10万散户排队开户头 需苦候3个月 中青代占65%

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/10%E4%B8%87%E6%95%A3%E6%88%B7%E6%8E%92%E9%98%9F%E5%BC%80%E6%88%B7%E5%A4%B4-%E9%9C%80%E8%8B%A6%E5%80%993%E4%B8%AA%E6%9C%88-%E4%B8%AD%E9%9D%92%E4%BB%A3%E5%8D%A065

2. In Q1 quarterly report, management guided that “As at end April 2020, we have reversed some of the credit provisions made in first quarter and are ON TRACK FOR A TURNAROUND in the following quarters.”

Posted by thesteward > 2020-08-23 23:00 | Report Abuse

Agree with Value investor . Bumper warning for stockbroking co . Hope kenanga can go to at least rm1.50

Posted by Reaperz > 2020-08-24 20:00 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/08/24/kenanga-investment-2q-net-profit-surges-to-rm2046m

Posted by Value_Investor_888 > 2020-08-24 23:21 | Report Abuse

股票行生意狂赚 肯纳格投行Q2净利飊增265%

Today (24 Aug 2020), Kenanga announced Q2 earning with net profit RM20.5 mil (EPS 2.93 sen) soared 265% YoY & 395% QoQ. This is RECORD earning in it past 10 years history! The main reason of this record earning is due to higher net income contributed by higher brokerage and trading income.

After this Q2 (Apr – Jun) excellent results, will Kenanga able to sustain or break another record high earning in next Q3 (Jul – Sep)?

Look at below monthly trading volume & value in our Bursa stock market, we will have a very good clues on this!

Jan 2020: 64.6 B => RM44.2 B
Feb 2020: 66.2 B => RM52.8 B
Mar 2020: 89.7 B => RM65.5 B
Apr 2020: 115.9 B => RM58.6 B
May 2020: 120.7 B => RM70.3 B
Jun 2020: 160.5 B => RM98.1 B
Jul 2020: 214.9 B => RM121.8 B
Aug 2020 (MTD): 216.7 B => RM102.9 B

So, we can conclude Next Q3 will be another RECORD BREAKING EARNING quarter for Kenanga!

Posted by jawplace > 2020-08-24 23:44 |

Post removed.Why?

Posted by Value_Investor_888 > 2020-08-25 07:55 | Report Abuse

As Q3 quarter will be another record earning based on bursa monthly trading data, thus Q3 EPS will be greater than Q2, forecast of 25% increase of net profit, EPS will be ~3.7 sen. Annualize EPS will be 13 sen. With PE of 10, Kenanag worth RM1.30 at least. This is one of the super cycle for stockbroker houses from the past 10 years history as participation of retailers in stock market continue to raise!

Posted by Aaron_tan > 2020-08-25 09:15 | Report Abuse

expect comments from noob - best result but why price drop 1 ... lol

Posted by Masila > 2020-08-25 23:56 | Report Abuse

good results......yet counter goes on the reverse. imagine dropping seven cents with poor volume i am having second thoughts

Posted by EatCoconutCanWin > 2020-08-26 12:23 | Report Abuse

Kanine earn money kaw kaw but push down the stock price.. xiao la

Posted by amateurJR > 2020-08-28 12:01 | Report Abuse

eatcoconut pusing sana pusing sini wont earn much one.

Posted by cccthierry > 2020-08-28 12:48 | Report Abuse

nowadays only bad qr can up... look at GENM... funny market now...

Posted by profitgrow > 2020-09-01 12:16 | Report Abuse

kenanga support at where? 0.83 ok?

Posted by foreverchung > 2020-09-01 16:05 | Report Abuse

This can support, possible trend reversal.

Posted by zhexiangxd > 2020-09-02 10:35 | Report Abuse

this is a highly operated stock lol, look at the transaction record.

Posted by azfar8 > 2020-09-03 16:12 | Report Abuse

the problem with kenanga is because it's badly manage, leaving fund manager afraid to touch this stock,

Posted by profitgrow > 2020-09-05 10:09 | Report Abuse

is this the best time to enter?

Posted by profitgrow > 2020-09-07 11:33 | Report Abuse

what happened to kenanga

Posted by zhexiangxd > 2020-09-07 11:57 | Report Abuse

operator press down like crazy, really speechless

Posted by profitgrow > 2020-09-07 15:30 | Report Abuse

what the hell... too much press...

Posted by stan0166 > 2020-09-08 16:37 | Report Abuse

what the hell 6 is coming

Posted by profitgrow > 2020-09-08 19:12 | Report Abuse

anyone still holding here?

Posted by terence775 > 2020-09-09 10:46 | Report Abuse

yeap still holding. market wide panic selling going on. fundamentals are still strong.

Posted by profitgrow > 2020-09-09 12:12 | Report Abuse

hold forever see how... if cutloss now... will cry forever...

Posted by terence775 > 2020-09-11 19:36 | Report Abuse

Good job for holding on :) Let's huat huat

Posted by Sailangking > 2020-09-12 18:37 | Report Abuse

bought some at 0.695,may I know what is TP?

Posted by ThePowerOfGlove > 2020-09-12 18:50 | Report Abuse

up 11.11%

Posted by ThePowerOfGlove > 2020-09-12 18:50 | Report Abuse

sudah cukup kuat tuhhh

Posted by ThePowerOfGlove > 2020-09-12 18:51 | Report Abuse

if 10 times up 11.11% becomes 111.1% juga la

Posted by ThePowerOfGlove > 2020-09-12 18:51 | Report Abuse

okay already what

Posted by ThePowerOfGlove > 2020-09-12 18:51 | Report Abuse

very good

Posted by ThePowerOfGlove > 2020-09-12 18:52 | Report Abuse

well done

Posted by ThePowerOfGlove > 2020-09-12 18:52 | Report Abuse

congratulations

Posted by ThePowerOfGlove > 2020-09-12 18:52 | Report Abuse

keep up the good work