Thursday, April 28, 2011
Sunday, April 24, 2011
Oriental Food Industry OFI 7107
Oriental Food is one of a leading manufacturer and exporter of snack food and confectioneries products in Malaysia. Its products brand such as Jacker, Rota, Fudo, Delio. Super Ring, Zess and others. It is sadly to say that, I only recognize the product brand "Jacker" only, the other cannot be recognized. I am not sure are you familiar with those brands or not, but I will say that there is no brand advantage in its products.
When the products do not have a brand advantage, then normally company have to go into price war with other competitors. It is worst when the raw material cost is rising.
Last 3 quarters achieved 12.81 cents, annualised equal 17.08 cents. Trading price now is RM 1.58, which gives PE 9.25
For me, it is expensive for a no branding advantage company like this.
Thursday, April 21, 2011
One Malaysia Email?
One Malaysia investment RM 5 million
GDP contribution RM 3.9 million
So, the we loss RM 1.1 million
A very smart idea~
GDP contribution RM 3.9 million
So, the we loss RM 1.1 million
A very smart idea~
Monday, April 18, 2011
HTC or Iphone??
I want to get my new handphone as my current company subsidy RM150 to my phone allowance. So I might use this benefit to sign a phone plan package. HTC seem much better than Iphone at the moment, because of its java flash support and free apps market.
Recently went through Maxis central and Digi central, I was surprised that Maxis is out of Iphone stock at the moment, Iphone already launch about half a year but the demand is still high.
Back to Digi, today I went there to ask for HTC incredible S, the sales girl told me this series phone is also out of stock at the moment, I might need to wait another month in order to get new phone.
People who bought Apple share and HTC share should be damn rich now~
By the way, back to the topic, can anyone give me a suggestion on which phone should I get? :p
Saturday, April 16, 2011
Sarawak election
Will BN retain their 2/3? that is 4 more hours to go.. lets see.
Please vote smartly~
Please vote smartly~
Wednesday, April 13, 2011
Another good news for coastal again~
Coastal have collectively secured contracts for the sale of 11 tugboats to a buyer based in Central America for an aggregate value of about RM61 million.Including the new contracts, Coastal to date has about RM665 million worth of vessel sales orders awaiting delivery to customers up to 2012, the company said in a statement yesterday.
Oil price is standing high, I believe there is more contracts for Coastal again, until now my return from Coastal is around 50% and I am still holding it. :p
Just for update, last Friday bought TENAGA at RM 6.11
Oil price is standing high, I believe there is more contracts for Coastal again, until now my return from Coastal is around 50% and I am still holding it. :p
Just for update, last Friday bought TENAGA at RM 6.11
Saturday, April 9, 2011
Why Coastal Contracts is a Good Buy? by Mr. Koon Yew Yin
I am so proud to present to you the first guest post by a philantrophist tycoon, Mr. Koon Yew Yin. You can read more about him on this introduction by Dali (a very famous local investment blogger)
Mr. Koon Yew Yin, a very successful Malaysian investor and businessman
Many of my friends ask me how I can make so much money to give away for charity. After my retirement from IJM Corporation more than 20 years ago, I have been reading books by investment gurus like Benjamin Graham, Peter Lynch etc and learned how to make money from the stock market. Initially I have made some mistakes but gradually I improved. Almost all my profit comes from the stock market investment.
Statistics show that investment in the stock market is the best form provided you know how. Moreover, all the profit is tax free.
You may like to read about Coastal Contracts which I have been buying in the last several months and this stock forms a major portion of my investment portfolio.
I am not asking you to buy but if you decide to buy, you are buying it at your own risk.
The most important criterion for buying any share is its profit growth prospect. Never buy any share which cannot make increasing profit in the next few quarters. To make profit you must always remember not to buy when the share price has gone up above the P/E ratio of that particular sector, unless it has superior qualities.
The reasons for buying Coastal Contracts are as follows:
1. It has an excellent track record of making increasing profits in the last few years. Its revenue and EPS for FY 08, FY 09 and FY10 were 347million, 27 cents; 466m,46c and 672m,56cents.
2. For the fourth consecutive year, Coastal was awarded Forbes’ “Asia 200 Best Under a Billion” in 2007, 2008, 2009 and again in 2010. I do not know of any other Malaysian listed company that has this achievement.
3. It recently announced that it has received new purchase orders for 7 off shore vessels, 3 tug boats and 2 barges worth RM 268 million. The company has a total of RM 760 million purchase orders which will surely provide profits for the next few quarters. Unlike other construction contracts, all purchasers have to pay a proportionally large amount of cash deposits for their orders. That is why its account always show large amount of cash and very small borrowings. 6 of the 7 off shore vessels were ordered by Tidewater Group, the world largest and most experienced provider of marine support services. It is listed in the New York Stock Exchange.
4. The share closed on 30th March 2011 at RM 3.02 and its EPS for 2010 was 55.4 cents. It is now trading at P/E ratio of 5.5 which is exceptionally cheap for a company with such good track records.
by
Koon Yew Yin,
30th March 2011
Disclaimer:
All information and data on this blog site is for informational purposes only. I make no representations as to the accuracy, completeness, suitability, or validity, of any information. I will not be liable for any errors, omissions, or any losses, injuries, or damages arising from its display or use.
Source: http://kclau.com/investment/coastal-contract/
Friday, April 8, 2011
Human are funny~
Human are funny..
the purpose of sporting is sweating, however they are sporting in a air-conditioning room~
People always discuss how to save the world, protect the environment and weather, yet they are still keep on over expending~
When somewhere got sales promotion, human will go to grab the stuff, however this is not apply in share market~
the purpose of sporting is sweating, however they are sporting in a air-conditioning room~
People always discuss how to save the world, protect the environment and weather, yet they are still keep on over expending~
When somewhere got sales promotion, human will go to grab the stuff, however this is not apply in share market~
Saturday, April 2, 2011
Rcecap director latest action updated 4th April 2011
RCE CAPITAL BERHAD
Chew Keng Yong
22/02/2011 acquired 450,000 shares
23/02/2011 acquired 300,000 shares
24/02/2011 acquired 700,000 shares
28/02/2011 acquired 800,000 shares
02/03/2011 acquired 200,000 shares
11/03/2011 acquired 500,000 shares
09/03/2011 acquired 200,000 shares
14/03/2011 acquired 250,000 shares
15/03/2011 acquired 250,000 shares
17/03/2011 acquired 380,000 shares
30/03/2011 acquired 318,000 shares
rich guy -_-"
Chew Keng Yong
22/02/2011 acquired 450,000 shares
23/02/2011 acquired 300,000 shares
24/02/2011 acquired 700,000 shares
28/02/2011 acquired 800,000 shares
02/03/2011 acquired 200,000 shares
11/03/2011 acquired 500,000 shares
09/03/2011 acquired 200,000 shares
14/03/2011 acquired 250,000 shares
15/03/2011 acquired 250,000 shares
17/03/2011 acquired 380,000 shares
30/03/2011 acquired 318,000 shares
rich guy -_-"
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Disclaimer:
Please note that all data given are merely blogger's opinion. It is strongly recommended that you do your own analysis and research before investing.
Please note that all data given are merely blogger's opinion. It is strongly recommended that you do your own analysis and research before investing.