Last year, I did pointed out that KFima will be stagnant and I was right! But it really pissed off KCChongnz! Well, I didn't mean to! Like I said mixing both TA and FA to get result! Well, here I got again! KFIMA is on upward momentum, this year is SURE going to take KFima to new highs! Perhaps rm1 profit margin!
kfima own 60% of the fimacorp which has a very good quarter result and the share price has reach 8.20 recently. The 60% of fimacorp share worth around 4 billion dollar which make the kfima share very attractive. By the way, fimacorp expect to give a generous dividend in august because of the good financial result. In this circumstances, kfima profit will be increased significantly. The relationship between kfima and fimacorp is similar to the KLK & Batu kawan.
kfima has a very strong cash on hand 2.37 billion and the debt of the company just 8 million only. That's why the the dividend is increased over the last few years and expect to give more in this coming dividend. Good fundamental shares and good to have it. Trading buy call 3.00 and long term target price 3.50-4.00
Posted by Tang Michael > Mar 11, 2014 03:35 PM | Report Abuse
If you dont sell now, kfima will drop back to 2.00 for sure........pretax profit fell this quarter......dividen also dtop.....
1) How come you know Kfima share price will drop to RM2.00? Is it because it is worth that much only? 2) If so how do you derive its value? 3) How would you know the price will drop to your value? 4) Pretax profit fell this quarter? Are you sure? 5) Dividend drop this year? How you know?
Kfima, dksh and harrisons are all in consumer marketing......dksh is the one.....if like me you bought at 1.85 and keep long until now.....wow.....next is harrisons.......coming....kfima is ripe for the taking.......
Michael ,I think you never answer kcchong Questions lol.. Dont be jealous if you sold your shares too early. You still can make decent profit if you enter the marker now. Trading buy call 3.00
Sorry, I am not an analyst......please dont read too much into those crooked and paid to bluff analysts.....kfima shares cannot stay high for long....it drops too fast too soon.......go to blog on dksh......
Posted by Tang Michael > Mar 11, 2014 03:58 PM | Report Abuse
My stockmate is a sales and marketing .......sales is not as good as last year and future sales is sluggish........what do you expect......
This is the record of sales for Kfima for the last 12 years. Do you see the sluggish sales pattern of Kfima?
Year 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 Sales (m) 487 471 432 411 369 309 294 300 247 223 221 187 For the three quarters ending 31/12/2013, its revenue is 368m compared to 364m of the same period last year. Is the sales sluggish as claimed by you?
Posted by Tang Michael > Mar 11, 2014 04:12 PM | Report Abuse
Kfima, dksh and harrisons are all in consumer marketing......dksh is the one.....if like me you bought at 1.85 and keep long until now.....wow.....next is harrisons.......coming....kfima is ripe for the taking.......
Since when Kfima involves in consumer marketing? How much is its revenue in this, if any?
Why do you have to compare with what price you bought with the present value of Kfima?
Posted by Tang Michael > Mar 11, 2014 04:31 PM | Report Abuse
Sorry, I am not an analyst......please dont read too much into those crooked and paid to bluff analysts.....kfima shares cannot stay high for long....it drops too fast too soon.......go to blog on dksh......
If you are not an analyst, how come you are so sure of your statement, for example Kfima share price will drop to 2.00?
Which "crooked and bluffed" analysts you are talking about? Why do you think the report of Kfima is bluffed? Which part of which report you are talking about?
Mr.chong, right .? Dont be mistsken. I am not targetting kfima or any other analysts who are paid to write, yes or no? The sluggish sales/orders are for the period jan.13 onwards, not the 12 years before,,,,,,, period.
michael ,just wonder Where did you read the report? You must be mistaken. Theirs sales is increasing over the last few years and the dividend payout as well. Below is the dividend payout of the last few financial year and expect the dividend of 2014 will be 10sen or more.
Nothing personal here. As I have invested in Kfima, I would be very happy to hear from you why Kfima should drop by about 15% to RM2.00. Then I can quickly sell before it drops to that level.
Don't you think you need to provide substantiations instead of just making a statement like that?
Posted by anbz > Mar 11, 2014 09:06 PM | Report Abuse
tak sia2 wa buat personal loan mr kc...hehehehehehehehehehehehehehehehehehehe
anbz, good on you making money in Kfima, a stock you have been scorning on. However, my opinion is it is still not a very wise move to get personal loan, or use margin to invest. Why?
The long-term return of the market is about 10% a year; sometimes it is more and sometimes it is less. Sometime the market can even drop by 30% in a few months. If you borrow at 10% interest in personal loan (I don't know the rate) and the expected return is only 10%, is it a wise move? Do not forget that the stock market's inherent risks.
Few people can actually beat the market, can you? Are you better than the main players in the market such as institutional investors, funds etc? Even though you may have good knowledge of a company and have special talent in valuing company (do you?), the market may not agree with you and you may lose money, especially in the short-term.
"Even though you may have good knowledge of a company and have special talent in valuing company (do you?), the market may not agree with you and you may lose money, especially in the short-term. "
I do benefit fr kcchongnz teaching on valuation is an art. it is good if Mr kcchongnz can hold finance statement analysis & valuation classes @ a reasonable tuition or least in near future publication of his works that has been well established as reference., or compilation all of his writings.
Posted by yfchong > Mar 12, 2014 10:18 AM | Report Abuse
I do benefit fr kcchongnz teaching on valuation is an art. it is good if Mr kcchongnz can hold finance statement analysis & valuation classes @ a reasonable tuition or least in near future publication of his works that has been well established as reference., or compilation all of his writings.
Kind words from you yfchong. But how come you can read my mind of what I intend to do?
We do not have crystal ball to see it., I would like to own cry stall ball software (predictive maintenance software) in my routine work however my boss ie my immediate superior reluctant to purchase it. :-(.
base on recent quarter of 8cent eps with CPO at RM2,900, it calculated at 32cent forward eps. Manufacturing PE is 12 time and plantation is 16 time. Taking the averagfe at 13 time it end at RM4 , close the RM4.5 depend which sector PE you use for your calculation
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....
pradeep
1,324 posts
Posted by pradeep > 2014-03-06 22:52 | Report Abuse
See whether it breaks 2.18 or 2.19