Yes KFIMA Is my top buy for Jan 2014. Trust that KCCHONGNZ has given ample explanations as why KFIMA is a solid stock that one must have in their portfolio. I have set the target price of RM2.40 by Middle of Feb 2014:-
Why why why?
(1) Guaranteed Profit- in this uncertain time people are looking for safe industry to invest. Can anyone tell me that which industry will report handsome profit when they unveil thier report card next month? Do not forget that Cpo price is hovering around RM2,600 and cost per tonne is only RM1,800 the most.
(2) Well diversified- Beside Plantations, KFIMA has other good business such as money printing for government and bulking business which continue recording good profit.
(3) Plantation land and properties that has not been revalued for long period.
People are talking about Brem and MKH now. Talking about land values and the prospect of the contribution from their plantation business. Have one really look into the land value and properties that KFIMA owns ? Arent the size is bigger than MKH
Do not forget that KFIMA is holding RM250 million net cash that provide them with ample capital for expansion if economy turns bad. Can you give me another company that have such solid fundamental?
(4) Histrory will repeat it self.
Just check the record. Whenever afterKFIMA major shah older Bahsir family buying the shares in open market. The share price will record at least 20% rise after a month or so. Do not forget that Jan and Feb is normally a good month for stock market.
(5) KISS ----KEEP IT SIMPLE IN YOUR INVESTMENT
Fundamental,fundamental and fundamental my friend
In this uncertain time., never loss money in you investment. How to make sure that you will not lose money? The ever Green theory:-
(1) LOW PE -KFIMA pe only 7
(2) Zero borrowing complay-KFIMA sitting at RM250 million net cash
(3) high dividend yield-4% yield for KFIM
(4) growth prospect-----needlas to say KFIMA still growing in right track for all the sectors.
(5) Historical profit with sound management. Since Bahsir famili took over the company since early 2,000., the company has not recorded single financial loss even in the financial crisis. The record speaks for themselves how well they have managed the company.
I am obliged to tell you that KFIMA remains my biggest investment with the accumulated price of RM1.93-RM2.02. i am Just a small potatoes and banks never granted me any margin facilities.
I am asing you to invest in KFIMA and not punting. Technically, if the stock can breach RM2.00, RM2.40 is highly reachable.
Tuniamasingh, put fundamental aside you need reporter and analyst to push up the stock. I understand that Nanyang has big write up for Brem while Hwang DBS initiated buy in MKH. Otherwise you has to be like Influential people Mr.Koon Yew Yin so that the stock can move. I agree with you once RM 2.00 is breached, KFIMA can challenge Rm2.40 in immediate future.
I have 100% confidence that KFIMA can reach RM 2.40 no matter any investment bank cover it or not. Certainly it would be better If Bahsir family more open to the investment bank which is highly unlikely.
Tuniamasingh, it is sad to see KFIMA still hovering around 1.98 while other related stocks has flied. This certainly will put KFIMA back into the investor radar no matter they like it e it or not.
My friend told me that Nanyang weekly financial page is very powerful. Whatever stock they write on Monday you will see a significant run. Is that right?
Chinese newspaper has great influence when come to stock pick. Nanyang in fact has got few good columnist. Who knows they will recommend KFIMA tomorrow? Ha ha
Bluebird you are absolutely right. Nokenzo, KFIMA is one of the stock that cold eye recommend but has not really run. Stocks such as Kretam recommended buy him has jumped three fold at least.
If you are punter, avoid KFIMA at all cost. Based on my observation, it is very difficult to speculate on KFIMA. You will definetly get burn if you buy for contra.
I have held kfima for many years already, one of my few stocks that i have yet to sell.
I have negated the price movement no matter go up or down, i will still keep it. The nice dividend makes keeping long term a no brainer until the value reveal itself.
The other stock which i bought at the same time with kfima, which has recently run away from fundamentals i have sold and have reap >3x profits. The stock is tdm, and this makes keeping cash rich undervalue stocks a no brainer.
I predict we will see the same in kfima as possible repeat of tdm... but how long will be anyones guess. In the mean time i just sit back, relax and enjoy the dividends.
Fandi, you are giving live trading report for KFIMA...ha ha Definetly the volume is picking up today compare to one month ago. Would like to see the stock to touch RM2.10 to confirm the uptrend.
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....
Posted by tuniamasingh > 2014-01-05 13:05 | Report Abuse
Yes KFIMA Is my top buy for Jan 2014. Trust that KCCHONGNZ has given ample explanations as why KFIMA is a solid stock that one must have in their portfolio. I have set the target price of RM2.40 by Middle of Feb 2014:- Why why why? (1) Guaranteed Profit- in this uncertain time people are looking for safe industry to invest. Can anyone tell me that which industry will report handsome profit when they unveil thier report card next month? Do not forget that Cpo price is hovering around RM2,600 and cost per tonne is only RM1,800 the most. (2) Well diversified- Beside Plantations, KFIMA has other good business such as money printing for government and bulking business which continue recording good profit. (3) Plantation land and properties that has not been revalued for long period. People are talking about Brem and MKH now. Talking about land values and the prospect of the contribution from their plantation business. Have one really look into the land value and properties that KFIMA owns ? Arent the size is bigger than MKH Do not forget that KFIMA is holding RM250 million net cash that provide them with ample capital for expansion if economy turns bad. Can you give me another company that have such solid fundamental? (4) Histrory will repeat it self. Just check the record. Whenever afterKFIMA major shah older Bahsir family buying the shares in open market. The share price will record at least 20% rise after a month or so. Do not forget that Jan and Feb is normally a good month for stock market. (5) KISS ----KEEP IT SIMPLE IN YOUR INVESTMENT Fundamental,fundamental and fundamental my friend In this uncertain time., never loss money in you investment. How to make sure that you will not lose money? The ever Green theory:- (1) LOW PE -KFIMA pe only 7 (2) Zero borrowing complay-KFIMA sitting at RM250 million net cash (3) high dividend yield-4% yield for KFIM (4) growth prospect-----needlas to say KFIMA still growing in right track for all the sectors. (5) Historical profit with sound management. Since Bahsir famili took over the company since early 2,000., the company has not recorded single financial loss even in the financial crisis. The record speaks for themselves how well they have managed the company. I am obliged to tell you that KFIMA remains my biggest investment with the accumulated price of RM1.93-RM2.02. i am Just a small potatoes and banks never granted me any margin facilities. I am asing you to invest in KFIMA and not punting. Technically, if the stock can breach RM2.00, RM2.40 is highly reachable.