Posted by watchme > 2015-03-26 10:17 | Report Abuse

takeover target?

Posted by Angel_Investor > 2015-04-06 00:49 | Report Abuse

0.35

Posted by watchme > 2015-04-06 11:24 | Report Abuse

end next month if profit back to normal. price likely to adjust back to above 45 cents++ may even break the 50 level again. Any insider's news that current qtr make money bo?

Posted by Icon8888 > 2015-04-06 11:31 | Report Abuse

Tambah makan

Posted by Jolin Lai Chi Pet > 2015-04-06 20:12 | Report Abuse

next quarter will be huge losses!!!!!!!!!!!! I suggest abandon this stock..........and u can sleep well

Posted by eric_b7b > 2015-04-07 11:57 | Report Abuse

sure bor lai petpet

Posted by uncle > 2015-04-08 11:25 | Report Abuse

i sleep well

Posted by Icon8888 > 2015-04-08 12:10 | Report Abuse

Chi Pet so far 50% right 50% wrong

Most of the time she talked without basis

Don't worry too much about her

Posted by NOBY > 2015-04-08 12:36 | Report Abuse

Icon, I am curious to know what you see in this company ? Are you looking at it from earnings momentum or asset play ?

Posted by dragonslayer > 2015-04-08 17:55 | Report Abuse

Aiyo Jolin.....you sure boh .....next qtr red again.......aiyoyo......why leh...cos no confident in the new mgmt kah......aiyoyo........ok lah.......last qtr write off alot nonsense mah......one time only mah........this qrt shld be no more write off bah.......aiyoyo......wait report out then decide lor.......aiyoyo.........still early lor.........aiyoyo.......why still no news on the selling of bz and property ha........aiyoyo.........call off liao si boh.......so long liao wo.......bila mau keluar annoucement........aiyoyo.......ha ha ha

Posted by Icon8888 > 2015-04-08 18:07 | Report Abuse

When I punt a stock, I don't necessarily put on warren buffet hat

If i think I can make 20% to 30% return I will buy

Posted by Icon8888 > 2015-04-08 18:26 | Report Abuse

The ironic thing is that stocks like that sometime outperforms stocks that I count left count right, dig left dig right

Life is funny haha

Posted by uncle > 2015-04-09 10:22 | Report Abuse

not everyone see the same thing, if everyone see the same thing...that thing can naik must be the same thing he have

Posted by NOBY > 2015-04-09 11:00 | Report Abuse

Icon, agree with you. Lousy stock when buy at a cheap enough price can do much better than a good stock bought at expensive price.

Posted by uncle > 2015-04-09 11:13 | Report Abuse

heart must be steady

Posted by vinvin > 2015-04-21 15:09 | Report Abuse

Why no more comments here???!!!

Posted by Icon8888 > 2015-04-21 15:37 | Report Abuse

They distribute Lafarge cement

Beneficiary of construction boom

Posted by vinvin > 2015-04-21 15:48 | Report Abuse

Tq Icon8888!!! In that case can accumulate more lor! Trade at own risk.

Posted by JbHotSpot > 2015-04-27 20:25 | Report Abuse

Used a lot of Double A A4 paper this few months

Posted by JbHotSpot > 2015-05-05 20:26 | Report Abuse

KPS bought another 102,000 shares on 30 April 2015

Posted by kingofong > 2015-05-06 09:50 | Report Abuse

JUST FOLLOW BUY

Posted by Icon8888 > 2015-05-08 12:01 | Report Abuse

Boss buy you buy. Cannot be wrong

Posted by NOBY > 2015-05-11 17:42 | Report Abuse

just too cheap to ignore from a discount NCAV perspective...bought some today too..

Posted by Icon8888 > 2015-05-11 18:39 | Report Abuse

Noby, why are u using NCAV and not net assets ? What is the advantage ? I am trying to learn something new here : )

Posted by NOBY > 2015-05-11 23:37 | Report Abuse

Icon, NCAV is just a more conservative way of valuing the business as it assumes a liquidation scenario.

NCAV = Current assets - Total liabilities.

Assets like cash, inventories and receivables are easier to value and liquidate whereas plant and equipment may have some value, but these may have to be sold as fire-sale in distress situation. This method may be more applicable to industrial type companies where the bulk of the fixed assets are in plant and equipment which may not fetch market price. I make some exceptions if fixed assets consist of liquid assets like stakes in associates or valuable land not re-valued for ages.

As a rule of thumb when using this method, I will buy if price drops below 2/3 of NCAV. There are other factors need to consider in parallel as well to make sure its not a value trap. If you are interested to find out more about this strategy, there is a website that is dedicated to this investment style which you can refer to

http://www.netnethunter.com/about-net-net-hunter/

Cheers

Posted by Icon8888 > 2015-05-12 05:15 | Report Abuse

Thanks Noby. I think I understand how it works now. Basically it applies a super stringent criteria to identify undervalued stocks. A stock that trades below its net assets might not be sufficiently undervalued. A stock that trades below its net current assets is more decisively undervalued

I am not a big fan of asset based valuation, but this method does have merits. Thanks for sharing

Posted by Icon8888 > 2015-05-12 05:18 | Report Abuse

What other stocks are undervalued from NCAV point of view ? If you don't mind to share

Posted by NOBY > 2015-05-12 06:58 | Report Abuse

Icon this guy has written on a few NCAV candidates
http://klse.i3investor.com/blogs/netnets/blidx.jsp

Posted by Jian Bin Siew > 2015-05-15 22:25 | Report Abuse

On boat now. KPSCB selling the property to Latitude will boost the EPS in coming quarter.

Posted by JbHotSpot > 2015-05-19 20:52 | Report Abuse

Ah Seng keep buying past few weeks and he holding 44.13% now. Just wait and see what is he next step on KPSCB

Posted by kakashit > 2015-05-25 13:53 | Report Abuse

We should ignore the possibility of privatization, bcoz Ah Seng sharebuybacks like drinking coffee in the morning day by day over these 3yrs.

But one good thing is the share price is easier to go up, since Ah Seng would not sell his shares.

Posted by uncle > 2015-05-27 15:25 | Report Abuse

heart must be steady

Posted by speakup > 2015-05-27 15:52 | Report Abuse

ini kalilah!

Posted by Sebastian Sted Power > 2015-05-28 09:04 | Report Abuse

up to 60cents again

Posted by why_no_dividend > 2015-05-28 09:13 | Report Abuse

Why no dividend?
http://klse.i3investor.com/servlets/stk/annent/9121.jsp

Posted by why_no_dividend > 2015-05-28 09:14 | Report Abuse

Con counter. Profit fake one.

Posted by uncle > 2015-05-28 13:27 | Report Abuse

con till you laugh
fake till you numb

Posted by kakashit > 2015-05-28 21:06 | Report Abuse

What ah Seng has been doing? Acquired n disposing the same amt of shares yesterday
He clicked the wrong button?

Posted by kakashit > 2015-05-28 21:09 | Report Abuse

he hasnt been disposing any shares since 3yrs ago, is this the signal of coming?

Posted by Jian Bin Siew > 2015-05-29 06:29 | Report Abuse

I think he has not collect enough. So, he need to press down the price. In other words, the price also hard to increase if this is the case.

Posted by Jian Bin Siew > 2015-05-29 06:30 | Report Abuse

At least for time being...

Posted by uncle > 2015-05-29 13:20 | Report Abuse

con till you laugh

fake till you numb

heart must be steady

Posted by uncle > 2015-05-29 13:31 | Report Abuse

Jolin lai cepat $$$

Posted by vinvin > 2015-05-29 13:35 | Report Abuse

Good QR as follows:-http://klse.i3investor.com/servlets/anpth/1076583.jsp

Posted by Sebastian Sted Power > 2015-05-29 14:41 | Report Abuse

walao

Posted by Sebastian Sted Power > 2015-05-29 14:51 | Report Abuse

see also scare

Posted by Sebastian Sted Power > 2015-05-29 14:51 | Report Abuse

who keep buying?? 50cents sapu all

Posted by watchme > 2015-05-29 14:58 | Report Abuse

if eps maintain net quarter at 10 cents,,,it will fly men..TP 0.8

Posted by Icon8888 > 2015-05-29 15:02 | Report Abuse

Dividend ?

Posted by vinvin > 2015-05-29 15:12 | Report Abuse

Now a profit making company with a net assets per share of RM1.47............a good investment!!! Trade at own risk.