good lo u .. think u must be tak ada this counter and puposely come here to give kawan here warning ... haizzz ..if u ada ma good lo if banyak lagi best lo .. can kasi me sikit off market .. or tau ada kawan tat ada banyak n same thinking with u bo ? ada .. pls ingat cari tj ya ...angpow kasi u la
JERASIA has first caught my attention with the significant volume of 11.5mil shares traded to on 19 October 2016, first since last year October 2015. Approximately one year later, this stock has refuelled and ready to go higher again.
Below are my facts and findings on JERASIA:
- The Group is engaged primarily in garment manufacturing and retail operations in Malaysia and Internationally and listed in Bursa Malaysia on 2nd June 2000. The Group manufactures fashion apparel and accessories for export. The Group grows its retail shops (the MNG Mango, Mango Man, Mango TOUCH, Mango Kids, Violeta by Mango, Nike, Terranova, Ladylike, Charlie, Milani, Ureka, Trio Sports, and Trio Kids brands) in East and West Malaysia.
- Interestingly the Group has incurred a total of RM34mil (RM14mil in last quarter) in acquiring property, plant and equipment in FYE2016 through combination of cash and bank financing to expand its production line to accommodate the demand. Why a company exist in the apparel industry for more than 20 years will invest in acquiring assets to expand production line?? I don’t think they are silly and I don’t think the bank who finance them is silly. They projected something in which we will link below.
- In year 2016, the Group has aggressively embarked on expanding its network in starting new retail shops: (1) TRIO in Sunway Pyramid (2) TRIO in Time Square Bintulu (3) TRIO in Batu Pahat Mall (4) TRIO in IOI City Mall Putrajaya As of now the Group has a total of 30 shops (11 boutiques located in Damansara Jaya, Mitsui KLIA Outlet Park, Palm Mall at Seremban, Sunway Pyramid, IOI City Mall Putrajaya, etc,), all these place are situated in crowded urban area. The upcoming boutiques will be opened in AEON Ipoh, IOI City Mall Putrajaya and Imperial City Mall Miri under brand Mango.
- All the garments/ apparels manufactured will be categorised sold either on local retail shop as stated above or export sales. Many do not know JERASIA is actually an export oriented counter and halve of the sales are generated oversea (As of FYE2015 ended 31 March, the Group has a total of unrealised foreign gain amount to RM4.5mil). Any weakening of ringgit over USD Dollar is beneficial to the company’s bottom line. Have anyone noticed the strong profit recorded in Group’s Q3 FYE2016 (Financial Quarter ended 31 December 2015), if yes you will know what I meant.
- The Group’s NTA is valued at RM1.73, which is 60% discounted from the current closing price at 20 October 2016.
- Awaiting the latest financial quarter ended at 30 September 2016, if you aware of the trend, the coming quarter tends to improve a lot (YoY) due to festive season arrived. Garments/ Apparels are always necessities to the public and we will see high GDP recorded in September from private sector.
- The utmost facts I am going to highlight to JERASIA is TRIO. Why TRIO? Let’s put it this way, many do not know what actually catalyse PADINI to be so profitable in the past quarters. It is not Padini, it is not Vincci but it is Brands Outlet.
What’s so cool about Brands Outlet? (1) It is price competitive. (2) It targets wider market segment (3) It has higher profit margin “At pre-tax level, the company's profit margin is at the mid-teen level, ranging from 13% to 15%. Specifically, for Brands Outlet, its margin has been higher around 17% to 20% over the years.” Quoted by Chan, Executive Director of Padini Holding. Attached herewith the link: http://www.thesundaily.my/news/1260915
TRIO is similar with Brands Outlet in term of business model.
- With the above facts, the Group is forecasted to achieve a EPS of 9cents, with PE of 12 to 15, the share price should be valued at RM1.08 to RM1.35. ** PE is derived from similar competitors i.e. PADINI (PE:14), CHEETAH (PE:25), VOIR (PE:81), etc engineering background.
Conclusion: Ok I am getting very long winded. Long story short, JERASIA caught my eyes due to: (1) Weakening of Ringgit over USD Dollar beneficial to the Group (2) Aggressive expansion on retail segment to boost sales (TRIO) (3) Significant investment in acquiring plant and machinery to accommodate demand (4) High NTA (5) Low PE (6) Interesting results in coming two quarters (festive season – Hari Raya and YEAR END SALES!!)
people who work in jerasia said that market is not good as at expertation,recover very slow,weak buying power after hariraya,believe it or not ,?up to you
1) Prolexus, PCCS & Cheetah have gone up in price. Jerasia is the only laggard. 2) NTA at RM1.50. Selling at more than 60% Discount to NTA 3) Prime Factories in Shamelin Perkasa, Pudu/Cheras (Only 5 mins to KL Golden Triangle) Also in Kluang like PCCS Factories. KL Ones More Superior in value. 4) P/E about 10. Cash flow OK 5) Full Page Advert in STAR NEWSPAPER TODAY - MANGO Clothes! At 50% DISCOUNT! 6) SHOPS ARE IN VERY PRIME SHOPPING AREAS - AEON & Others 7) WILL BENEFIT FROM TOURISM BOOM.
Since Jerasia is a laggard. Price is still cheap. 12/06/2014 12:55
Calvin Tan Research Chun Chun Call to Buy JERASIA at 45 Cts on 12 June 2014
And 1 year 5 months later JERASIA DOUBLED IN PRICE TO 90 CTS!!
calvintaneng WOW!!
ANOTHER STOCK RECIMMENDED BY CALVIN TAN RESEARCH HITTING JACKPOT!
CALL TO BUY AT 45 CENTS.
TODAY CLOSED AT 90 CENTS.
UP OVER 100% 05/11/2015 20:12
A Word of caution now. Jerasia like all others are suffering from 6% GST hike. So its sales will be impacted.
Calvin thinks syndicates are trying to con people now. So let all fellow I3 Forumers beware! 20/10/2016 23:35
syndicates could probably has bought the counter yesterday..today will sell when other unsuspecting buyers follow to buy..typical pump and dump shit..same as what happen in KGB last week..
syndicate play?? the director sold 200,000 shares putting selling queue to prevent stocks from going up and u guys think it is syndicate play LOL
ever think of why the management doesn't want the company share price to go up? think about it..... so called pump and dump.. this stock is not pumped up also....
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....
charles0k
62 posts
Posted by charles0k > 2015-12-10 19:07 | Report Abuse
any news or technical rebound after oversold?