Posted by eltonooi > 2015-01-07 17:32 | Report Abuse

Good Fundamental + Profit up -> share price up...will hold this stock for few month

Posted by mahorse > 2015-01-08 08:21 | Report Abuse

My ideal stock choices. I am looking at holding of at least 12 months.


MrTan, please add me in. My choices are :
20 % each on a.SKPetro b. Gadang c. BCB d. Amcorp e. Insas

Thank you.

Reasons for picking SKPetro/Gadang/AmCorp/BCB/Insas.

SKPetro : Since we are on Buy and Hold strategy, oil price should rebound in the 2nd half 2015 and SKPetro should rebound ,too. Has very high order book in hand. Likely will lead the O & G rebound in 2nd half 2015.

Gadang : Order book >1.3b, well diversified. Construction activities should pick up this year. Low PE 7.3X.

AmCorp : Many projects in UK, will benefit from weak RM. Pays reasonable dividends.

BCB : High GDV for smallish property company > 4 billion. HomeTree 1.8b ; Bandar Putera Indah, Batu Pahat ( with HSR to Singapore having a station here ) 1.1b ; Concerto 560mil and Park Residence@Medini 1.2b ( small units of about rm400k each). Market cap only about 200 mil. Net TA about rm 400 mil.

Insas : Inari will be main catalyst. Its valuation alone 80% plus that of Insas market capitalisation. Some investment in UK as well. Grossly undervalued, i believe.
Create Your Own Portfolio?

Posted by camel > 2015-01-08 16:59 | Report Abuse

mahorse, who is MrTan?

Posted by mahorse > 2015-01-08 18:06 | Report Abuse

http://klse.i3investor.com/blogs/stock_pick_2015/67467.jsp

Hi Camel, please follow the link and read about about Tan KW.

Posted by Valueseeker > 2015-01-09 14:29 | Report Abuse

Property : The Confidence Game

http://klse.i3investor.com/blogs/PublicInvest/68080.jsp

Posted by Valueseeker > 2015-01-12 10:20 | Report Abuse

PIVB ‘overweight’ on property; sees prices holding

http://www.kinibiz.com/story/corporate/133926/pivb-overweight-on-property-sees-prices-holding.html

Posted by valueinvestor > 2015-01-12 19:53 | Report Abuse

If the sales response is good for its both Home Tree Phase 2 (Broad Leaf) and Park Residence @ Medini, then BCB will be on track to register fantastic profit growth in the next 2 years to sustain its last 3 years impressive performance.
http://bcbbhd.com.my/investor-relations/5-year-financial-highlights/

Posted by ladahitam > 2015-01-15 09:31 | Report Abuse

some Gap up today before tomorrow 3 cent dividend

Posted by valueinvestor > 2015-01-15 23:38 | Report Abuse

>RM0.5 billion GDV to be generated by Broadleaf Residences
http://www.thestar.com.my/Metro/Metro-Biz/2015/01/10/Continuing-growth-Developer-reveals-new-phase-of-luxury-development/

Posted by eltonooi > 2015-01-16 02:51 | Report Abuse

Dividend...but volume still so low?

Posted by Valueseeker > 2015-01-16 11:54 | Report Abuse

https://www.facebook.com/BCBBerhad/photos/a.439151692771529.99321.433384110014954/874713732548654/?type=1

6 months to completion.

Posted by luckyman > 2015-01-19 10:51 | Report Abuse

Wouldn't be surprised to see this company registering at RM60mil each year for the next 3 years

Posted by Valueseeker > 2015-01-20 20:06 | Report Abuse

https://www.facebook.com/BCBBerhad/photos/pcb.876276369059057/876274782392549/?type=1

Good to have British school next door. The French school is about 200 metres away.

Posted by Stockker > 2015-01-22 09:44 | Report Abuse

2nd qtr FY2015 results next month. Do you think will be better than last year of 10.3 mil and previous qtr of 10.7 mil ?

Posted by eltonooi > 2015-01-25 18:37 | Report Abuse

Can this stock push up when cny reach???

Posted by valueinvestor > 2015-01-25 20:34 | Report Abuse

http://newlaunch.iproperty.com.my/platinum/BroadLeaf-Residences/4910

Posted by Stockker > 2015-01-25 22:00 | Report Abuse

Anyone attended the recent AGM? Any excitement?

Posted by Valueseeker > 2015-01-27 08:28 | Report Abuse

https://www.facebook.com/BCBBerhad

Park Residence preview at Traders Hotel Puteri Harbour

Posted by mahorse > 2015-01-27 22:28 | Report Abuse

Didn't attend. Held in Johor , too far. What do you expect from the AGM?

Posted by Stockdummy > 2015-02-03 14:41 | Report Abuse

Makes any difference whether revenue or profit will be record high? Management is not bothered to disseminate such good news. Look at last AGM in Dec 2014. Profit doubled , revenue up by 60 to 70% . Yet not a single newspapers reported. Why such low profile ? Is the company worried of close scrutiny? If you are interested , you should ask how directors are rewarded. Are there substantial related party transactions? Are there too many family members? Are their salary exceptionally high? Any extra benefits in kind? Driving big fancy cars with fancy number plates?
Are the interest of minority taken into consideration. Do they have long term plans ?
Is the management still having myopic viewpoint? Still thinking like a small town developer?

Posted by Invest123 > 2015-02-04 18:46 | Report Abuse

Will goreng lah

Posted by mahorse > 2015-02-05 09:28 | Report Abuse

To a certain extent. Stockdummy is right. No matter how good the company, if nobody knows, even long term holders will suffer. No div for past 10 years ( until this year ) . Only major shareholders who are also directors with good salary and benefits will gain and survive.

Posted by Stockker > 2015-02-06 09:33 | Report Abuse

I was hoping for some updates on the future plans, going forward.

Posted by mahorse > 2015-02-10 11:47 | Report Abuse

When is the quarterly results coming out ?

Posted by Valueseeker > 2015-02-10 22:43 | Report Abuse

Based on last year, should be out after CNY, last week of Feb. Should report another strong quarter.

Posted by Valueseeker > 2015-02-12 17:54 | Report Abuse

Quarter results out today, much earlier than last year, drop compared to last year's quarter.
Revenue 74 mil vs last year of 83 mil, YTD revenue 198 mil vs 119 mil
PAT 8.4 mil vs last year of 10.3 mil, YTD 19.1 mil vs 14.3 mil
EPS 4.2 sen vs last year 4.4 sen, YTD 8.5 sen vs 6.4 sen
NTA at rm 2.00

Posted by Stockker > 2015-02-12 22:03 | Report Abuse

YTD revenue 198 mil for 6 months with pat of 19.1 mil. Increase 66% over last year. I think the last 2 quarters will be good with completion of Concerto in 3rd quarter 2015 and completion of Home Tree phase 1 by end 2015. Hopefully better dividend than 3 sen.

Posted by tjhldg > 2015-02-12 23:23 | Report Abuse

kikikikiii

Posted by valueinvestor > 2015-02-17 18:44 | Report Abuse

If the sales for its Broadleaf Residence in Home Tree is good, then this company will have another 2 good financial years ahead. The GDV may be around RM0.5 billion for 209 units???
https://scontent-kul.xx.fbcdn.net/hphotos-xpa1/t31.0-8/p960x960/10929113_534356140040828_2605359220515365828_o.jpg

Posted by Stockker > 2015-02-18 09:02 | Report Abuse

Usually, billings will intensify near to completion. Hopefully, revenue will surge with the impending handover of Concerto in the 3rd quarter and Home Tree phase 1 at end of the year.
After which, in addition to housing estates in Kluang and Batu Pahat, revenue should be supported by Park Residence and other Home Tree phases.

Posted by valueinvestor > 2015-03-01 12:59 | Report Abuse

Broadleaf Residences is a leasehold development on a project site spread over 49.27acres.

The project’s bungalows starting from RM2.7mil will feature five different designs with built up areas ranging from 4,942sq ft to 6,081sq ft.

Each bungalow comes with either a six bedrooms of seven-bedroom layout with up to eight bathrooms.

The homes will come with high-end electrical and sanitary fittings along with extra features such as rainwater harvesting systems and solar-powered hot water systems.

The township of Kota Kemuning where Broadleaf Residences is located, is accessible via a network of major roads and highways, including the Shah Alam Highway, North-South Expressway, Kesas Highway and Federal Highway.

Broadleaf Residences is expected to complete in three years.


Source: The Star

Posted by Valueseeker > 2015-03-04 22:20 | Report Abuse

MOU between Help University & BCB

https://www.facebook.com/BCBBerhad/photos/pcb.897323006954393/897322183621142/?type=1

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1893525

Posted by Valueseeker > 2015-03-04 22:43 | Report Abuse

http://www.theedgemarkets.com/en/article/malton-bintai-kinden-integrax-tnb-redtone-fitters-diversified-bcb-and-sapurakencana

Posted by valueinvestor > 2015-03-20 09:35 | Report Abuse

http://newlaunch.iproperty.com.my/platinum/BroadLeaf-Residences/4910

Posted by Stockker > 2015-04-09 11:59 | Report Abuse

Results season again soon...

Posted by Invest123 > 2015-04-15 19:19 | Report Abuse

U turn

Posted by Stockker > 2015-04-16 08:19 | Report Abuse

What do you mean by u turn ?

Posted by Valueseeker > 2015-04-16 17:52 | Report Abuse

Management should consider rewarding shareholders by following Matrix Concepts with bonus and free warrants. High time to consider some corporate exercise. Highly illiquid although PE is so low and NTA 2X share price. Profit on increasing trend. GDV in the billions . Might as well take the company private !! Major shareholders and Board should ask themselves, what is the purpose of continuing with the listing ???

Posted by Invest123 > 2015-04-17 10:38 | Report Abuse

All the way to 1.20... Time for property counters

Posted by eltonooi > 2015-04-17 12:52 | Report Abuse

waiting so long...finally got good news...the rewarding shareholders with bonus and free warrants will be issued in this few months?

Posted by Valueseeker > 2015-04-17 16:31 | Report Abuse

Eltonooi, I said management should follow Matrix Concepts or do some corporate exercise. There are no news on this matter, hopefully management should not sit idly. Very boring stock .

Posted by valueinvestor > 2015-04-19 14:43 | Report Abuse

https://www.youtube.com/watch?v=-l9hEohhdrY

Posted by mani_cum > 2015-04-24 19:32 | Report Abuse

Buying this counter now is like taking a ride in a time machine in the movie " back to the future ". Value investors can enjoy the fruits of founding directors for the effort and good management that had shaped BCB to what its today.

The retained earnings accumulated is already 86% of issue share capital ( par value 1.0 ) since listed in 1996.

Anyone can tell me why still so dull?

Posted by Valueseeker > 2015-04-25 07:00 | Report Abuse

By this FY ending 30/6/15, the retained earnings should be more than 100% of share capital. The issue for such companies is all about the quality and priority of its management , whether management and major shareholders centric only or to take care of all shareholders. In this case, I am not sure whether management has minority interests at heart.

Posted by stockker > 2015-04-26 09:07 | Report Abuse

Tenby and Tropicana starting an international school in Kota Kemuning. Good for 1.8 billion GDV BCB Home Tree ?

Posted by valueinvestor > 2015-04-27 16:33 | Report Abuse

BCB which has land bank in BP will eventually be benefited by the proposed high speed rail link between KL and Singapore once the construction starts.
http://www.themalaysianinsider.com/malaysia/article/kl-singapore-high-speed-rail-may-miss-2020-deadline-says-report

Posted by Stockdummy > 2015-04-27 18:00 | Report Abuse

With all these positive developments mentioned, have anyone ever wonder why the stock is still so quiet, dull ?

Could it be the management lackadaisical attitude towards the share price performance? Could it be that the management has more important personal matters to take care ? Have you read or heard of management engaging with fund managers or business news reporters etc ? Are they media shy ? Why ?

How many years have BCB been listed ? 20 odd years. How have shareholders been rewarded ?
To all loyal shareholders, maybe its time to look somewhere else.

Posted by Valueseeker > 2015-04-29 10:53 | Report Abuse

Things are improving. First dividend of 3 sen last year. Here is a summary of some major GDV as per the Annual Report :
Bandar Putera Indah, Batu Pahat : 1.1 billion ( 390 acres, launched 10 % )
Medini Iskandar Malaysia : 1.2 billion ( small units soft launch )
Concerto Mont Kiara : 560 million ( completing this year, 70% sold ?)
Home Tree, Kota Kemuning : 1.8 billion ( soft launch 2nd phase of bungalows )

Total GDV 4.66 billion for a small company with 200 million market capitalization ie GDV/Market capitalization of more than 23 times is quite impressive.

To a certain extent, I do agree that BCB may lack dynamic leadership and management as well as lacking in corporate expertise. I do noticed that there are a number of young family members holding key positions. In total there are 5 family members out of a total of 9 board members.

Posted by mani_cum > 2015-04-30 04:53 | Report Abuse

Dear Valueseeker, thanks for the effort for outlining the current project on hand and also the future up coming launch. With the total GDV mention, 3 to 5 years down the road is already in the pipeline.

Collect more while its still hibernate. I will be collecting 15 cents from ( A&M realty ) soon and BCB SURE will reward ne better. U know why?

Posted by Valueseeker > 2015-04-30 18:06 | Report Abuse

I see value in BCB, but you have other reasons ? Care to share, mani-cum.