Fandi,like what Najib Zamry has said, deeply undervalued stocks like Kfima will shine. That's where people like KC hongNZ,Pradeep,ChongKHui laughing all the way to the bank. Do not forget that they have collected 8 sen per share dividend from Kfima already.
Again and again,buying fundamental sound undervalued stock is the only way to thrive in this market.
Posted by Najib Zamry > Jan 4, 2013 05:48 PM | Report Abuse and I still stay firm with my RM2.80 target and I can wait.
Posted by Najib Zamry > Jan 7, 2013 11:13 AM | Report Abuse This deeply undervaled stock just catching up,nothing to shout about. Corporate exercise intact.
Posted by kcchongnz > Jan 4, 2013 07:56 AM | Report Abuse X I will start with the first one, Kumpulan Fima. Kfima has a few good business, security printing, palm oil plantation, bulking, food and others. Its revenue and profit attributed to shareholders has been growing at a CAGR of 10% and 27% respectively for the last 10 years. It is believed that the business will continue to grow albeit at a slower pace. For the financial year ended 31 March 2012, its revenue and net profit amounts to 470.8 m and 80.9 m respectively. Earnings per share amounts to 30.5 sen. It has a healthy balance sheet with NAB and excess cash per share of RM2.13 and 99 sen respectively as at 30th September 2012. It gives 8 sen dividend last year which amount to a dividend yield of 4.2%, higher than the bank fixed deposit. If we give a PE ratio of 10 to Kfima, its ordinary business would be worth RM3.05 per share. Including the excess cash of 99 sen the intrinsic value of Kfima should be RM4.04. As Kfima is trading at RM1.90, the margin of safety of investing in this company is huge at 47%! I don’t see any problem with the management as they have been creating value for its shareholders all these years. Oh yeah, I am not promoting the stock here although Kfima forms a big proportion of my portfolio. I know I have been talking about it very often in i3investor. It is because of the conviction I have in this company. Besides sharing is caring, isn’t it? Hehe.
i never recommended a buy at this price OK.. i said buy when down... you say buy in all time high of the market.. please look up the dates OK.. dont crap us all like madam kcloh..
you little SH*T kcchongnz.. i never adviced people here these few days to buy at rm2.02..u did and so i did as you said and they did as you said.. lets hope u are right...
6491 KFIMA KUMPULAN FIMA BHD Additional Listing Announcement
1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : ESOS Details of Corporate Proposal : Employees Share Option Scheme
No. of shares issued under this corporate proposal: 207,000 <--- Issue price per share ($$) : MYR 1.480 Par Value ($$) : MYR 1.000 Latest issued and paid up share capital after the above corporate proposal in the following Units : 268,178,600 Currency : MYR 268,178,600.000 Listing Date : 08/01/2013 Remarks :
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this can explain why the price drop at 8 jan 2013, well, by now all this esos is pretty much absorbed.
this is how you explain the chart, not by some fking doji doggy sword hammer haahaha
yes you are right, but from the history of kfima esos, everytime esos, the price sure down 1.
let just assume* if the esos is all sold out, that means, by now there wont be any of the particular esos shares out there anymore, which is a good news.
KFima is a coin and RM denominated printer for BNM(visit the website). Like US Treasury,it can print the money or coin when inflation is low. So its have a strong footprint on fiscal policy side to balance the economy. Thats why market juggernaut watch it closely.Its sister company is Fimacor.
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....
Najib Zamry
892 posts
Posted by Najib Zamry > 2013-01-07 11:13 | Report Abuse
This deeply undervaled stock just catching up,nothing to shout about. Corporate exercise intact.