Lowyat.NET: Latest topics by darkknight81

Loaches Fan Club

darkknight81 — Thu, 11 Feb 2016 21:52:57 +0800

I have 5 clown loach in my 2.5 feet tank equiped with good filtration system. However, I found that one of my loach does not take my hikari fish pellets.

Pls help

LonPac Insurance LPI

darkknight81 — Mon, 16 Nov 2015 13:26:52 +0800

https://www.lonpac.com/web/my/homepage

RM 14.60
EPS RM 1.06
PE 14.4

Reason of Buying :

Earnings and dividends growing yoy

ALLIANZ 1163

darkknight81 — Sun, 15 Nov 2015 20:55:55 +0800

Allianz 1163
RM 10.68

PE 6.16
Market capitalization 1.808billion
EPS 173.39
Number of shares 169.31M
NTA : 14.50

CYPARK RESOURCES

darkknight81 — Sat, 03 Oct 2015 13:46:11 +0800

Perhaps it is time for us to look into Power Generation stocks.

Cypark and ytl power are both trading at single PE

Personally I prefer YTL power for its stable income and DY
IT'S diversified business it countries like UK / singapore etc. I strongly believe it's next quarter results will be great especially during weakening OF MYR

Besides I like Cypark for its massive growth potential in Renewable Energy business.

For myself, I will reinvest my dividend income from ytl power to cypark.

CHINA BANKING STOCK

darkknight81 — Mon, 03 Mar 2014 16:04:52 +0800

First of all i think most of us know about the shadow banking in China and the china government are taking measures to control this.

However, i found that most of these china banks are trading at PE of around 5 times and dividend yield of more than 5%.

As we all know banking stocks are very volatile and their performance are pegged with the economy. When market is good ppl tends to borrow and very less NPL as ppl use to pay their loan on time. However, when economy turn bad that is the challenging part as loan will start to default.

I believe most of you have read the book "The china rules the world" which illustrates how china economy is going to overtook US in the next decade...

So for me the most direct way to bet on china economy is bet on their banking stocks. To cushion this, i would choose those top china banks with network not only in china.... E.g. ICBC, Bank of China.

To be frank i have pump in ICBC shares today at HKD 4.60.

From Jim Rogers : If you were smart at the start of the 19th century, you made your way to London. If you were smart at the start of the 20th century, you moved to New York. And if you are smart at the start of the 21st century, you will find your way to Asia.

JOHOR TIN (7167)

darkknight81 — Tue, 04 Feb 2014 19:17:01 +0800

If you have invested RM 3900 into this counter during 2003 / 2004. Your investment are worth RM 47000 today. It is not 100% return but more than 1000% return within 10 years.

This is excluding the dividend payout.

Perhaps you can guess which counter i am referring to. Yes, it is Duth Lady a consumer stocks which start with producing condense milk.

I am not going to stress much on Dutch lady here as most of us are aware of the exponential growth of this stock. However, i believe investment is more to finding the next “Dutch Lady” or “Public bank” etc.

Johortin - Company Profile

Johore Tin Berhad (JTB) was incorporated in Malaysia on 22nd November 2000 as a public limited company under the Companies Act, 1965. JTB is listed on the Main Market of Bursa Malaysia with an issued and fully paid up capital of RM93,305,333. JTB is principally an investment holding company, whose subsidiaries are primarily involved in the manufacturing of various tins, cans, other containers and printing of tinplates, as well as manufacturing and selling of milk and related dairy products. Currently, JTB Group comprises of five (5) wholly-owned subsidiaries and one (1) newly acquired 80% owned subsidiary in the following:

Base on today closing price of RM 1.62. This counter is trading at PE of 6.3 and dividend yield of around 4%.

M Reits Version 6

darkknight81 — Mon, 03 Feb 2014 15:42:59 +0800

Lets start our reits discussion in version 6

WILMAR INTERNATIONAL

darkknight81 — Sun, 12 May 2013 17:36:01 +0800

COMPANY PROFILE

Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia's leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the SGX.

Wilmar's business activities include palm oil cultivation, oilseeds crushing, edible oils refining, sugar milling and refining, specialty fats, oleochemicals, biodiesel and fertilizers manufacturing and grains processing. At the core of Wilmar's strategy is a resilient integrated agribusiness
modeal that encompasses the enture value chain of the agricultural commodity processing business, from origination and processing to branding,
merchandising and distribution of a wide range of agricultural products. It has over 450 manufacturing plants and an extensive distribution
network covering China, India, Indonesia and some 50 other countries. The group is backed by a multinational workforce of over 93,000 people.

For those who are interested in Oil Palm and consumer product, perhaps you can consider this counter.

Some of the Key Brands under Wilmar associates FFM in Malaysia are e.g. Neptune Cooking Oil, Seri Murni, Krystal Cooking Oil, Marina, Massimo, V-soy Milk, Massimo Bread etc...

WILMAR EARNINGS TRACK RECORD

Base on above table, revenue almost 10 folds within 7 years period and same goes for Earning per share. The decline in 2012 earnings was mainly contributed by decline in crushing margin (High Soybean Price) and Overcapacity in China crushing capacity in Oil Seeds segment. However, part of the decline in contribution from Oil Seed segment was being offset by Sugar Segment as shown in table below and i foresee the oil seeds segment will recover soon once soft commodities price soften.

INCOME STATEMENT

PLANTED AREA GROWTH

AFFIN HOLDINGS BERHAD

darkknight81 — Fri, 29 Mar 2013 17:23:17 +0800

AFFIN HOLDINGS BERHAD

SHAREHOLDINGS STRUCTURE :

LTAT - 35.2%
BOUSTEAD HOLDINGS - 20.7%
BANK OF EAST ASIA - 23.5%

DIVIDEND POLICY - 50% OF HOLDINGS COMPANIES PROFIT

EPS TRACK RECORD :
2011 - 34 CENTS
2012 - 42.1 CENTS

PRICE OVER BOOK VALUE : 0.8 TIMES

BASE ON TODAY CLOSING PRICE OF RM 3.41. This counter is only trading at PE of 8.11 times.

STOCK MARKET VS WORLD CUP FEVER

darkknight81 — Fri, 04 Jun 2010 16:11:34 +0800

Since nobody want to open new thread then i take the lead.

RCECAP (9296)

darkknight81 — Wed, 31 Mar 2010 12:55:23 +0800

RCECAP 9296

Reasons for me to pick up RCECAP

As of 31-December-2009.

1. NET ASSET PER SHARE = 50 CENTS.

2. 3 Months EPS ended 31-December-2009 2.67 CENTS. Base on 2.67 cents we can roughly project 2010 EPS to be around 10.68 cents.

My entry price 67 cents. Which is trading at PE of around 6.27 TIMES!!!

Remarks : As the interest payment is expected to be a constant income so we don expect reduce in EPS in future.

EPS TRACK RECORD

2003 -5.89 CENTS (Just started their Ah Long business)

2004 4.09 CENTS (Adjusted for bonus issue and share split)

2005 2.78 CENTS (Adjusted for bonus issue)

2006 3.69 CENTS (Adjusted for bonus issue)

2007 9.98 CENTS

2009 9.36 CENTS

2010 (E) 10.68 CENTS

EPS will not really reflect in terms of growth as there are a lot of bonus issue and share split just for reference purpose. Net Profit will be the right tool to gauge RCECAP GROWTH RATES.

TWS 4421

darkknight81 — Mon, 18 Jan 2010 13:12:22 +0800

This counter had been sliding from its highest of RM 5.00 and trading at PE OF 7.X at current pricing of 2.75.

Nature of business:

PALM OIL
SUGAR REFINERY
RICE TRADING

Plan to speculate on this counter as SYED MOKHTAR has a lot of political links. Eventhough the buying price for bernas was RM 2.08 per share from Wang Tak which is considered quite high but i believe SYED MOKHTAR will do something on this. You can see it from the recent sugar price hike.

I believe this counter will easily touch RM 5.00 when the market bull run.

All sifus here pls share your view. I am planning to top up slowly on this counter.

YTL POWER INTERNATIONAL

darkknight81 — Tue, 29 Dec 2009 07:41:44 +0800

New version new hope

Malaysia Tax System

darkknight81 — Tue, 08 Dec 2009 11:45:02 +0800

Taxation is one section that investors must not neglect. So i hope those expert in taxation can contribute their opinion and answer our questions here.

QUOTE

THE new corporate tax system is called the STS because profits earned by companies are only taxed once, i.e. on the company that gained those profits. When

that company declares dividends, the profits thus distributed are no longer taxable on the shareholders of the company. In contrast, under a TTS, companies pay

normal corporate tax on their profits. Dividends distributed by those companies are not tax exempt and shareholders are again taxable thereon whether at their

marginal rates or some reduced rate in respect of dividends. This creates a TTS because profits earned by companies are taxed twice – once at the company

level and later in the hands of the shareholder who receives a distribution of profits by way of a dividend. A TTS will discourage payment of dividends, especially

in the case of family-controlled companies. Malaysia's current imputation system of taxation looks through companies and views their shareholders. Although

companies are taxable, their profits are not taxed twice because tax paid by companies is imputed to shareholders when dividends are paid. Thus, to the extent

that corporate earnings are distributed, these profits are taxed in the hands of shareholders at their marginal tax rates, with a credit allowed for the relevant

corporate tax paid earlier. However, double taxation does arise under the current imputation system of taxation in the case of non-residents who are unable to

claim credit in their home countries in respect of tax deducted or deemed deducted from dividends.

Stock Market V.44

darkknight81 — Fri, 13 Nov 2009 11:41:13 +0800

QUOTE

The world's richest men say go buy stocks, global economic panic is over

Buy attractive stocks, they say

NEW YORK: Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.

"The financial panic is behind us," said famed investor Warren Buffett, who recently made what he called an "all-in wager" on the U.S. economy by acquiring railroad Burlington Northern Santa Fe.

"The bottom has come in stocks. Don't pass on something that's attractive today."

Sitting facing each other in an auditorium filled with nearly 1,000 cheering people at Columbia University in New York, the CEO of Berkshire Hathaway Inc. and Microsoft founder Bill Gates fielded questions from Columbia Business School students on the recession, investing and what's the next Microsoft.

There were at first reassurances that the U.S. economy had not collapsed since the last time the two sat in front of a student audience, in Nebraska in 2005.

"We proved that we can make mistakes," said Gates.

"But the fundamentals of the system, a marketplace-driven system where we invest in education and a great infrastructure for the long-term, that's continued."

Even in the country's "darkest hour," he said, American businesses were still innovating.

"Last fall was really blindsiding," Buffett said later.

Still, "I did not worry about the overall survival of our economy."

The worst recession since the 1930s may be over, but the recovery isn't expected to be strong enough to stem job losses and get businesses hiring again.

Employers shed a net total of 190,000 jobs in October, a government survey showed Thursday.

It was the 22nd straight month of losses.

And the unemployment rate jumped last month to 10.2 percent, a 26-year high.

Buffett also commended the Bush administration's actions last September, saying "only the government could have saved things" after the collapse of Lehman Brothers triggered a freeze-up in credit markets and panic on Wall Street.

In the future, however, Buffett said "there should be more downside to the head of any institution that has to go to the federal government to be saved for reasons of the greater society. And so far, we have been better at carrots and sticks in rewarding CEOs at the top. But I think some more sticks are called for."

The two endeared themselves to the audience with tips.

Buffett exhorted students to "marry the right person" and said, "The worst investment you can have is cash."

Gates, meanwhile, said he sees big opportunities in environmentally friendly energy and medicine.

"Capitalism is great," he said.

Gates wore a suit and tie, flashing the inner red lining of his jacket as he walked to his chair. Buffett, who earned a master's degree from Columbia in 1951, wore a sweater with the Columbia insignia.

Students in the audience said they were glad the two were so confident about the economy.

"That probably weighs a lot to a lot of people to hear Buffett say we're out of the crisis," said Andrea Basche, an Earth Institute student at Columbia. - AP

So don wait buy as many as you can

Stock Market VERSION 24

darkknight81 — Wed, 22 Apr 2009 13:21:12 +0800

New version Hope everyone can huat

old version v23 http://forum.lowyat.net/index.php?act=SF&f=172

Apply for loan with lowest interest rate

darkknight81 — Sat, 31 Jan 2009 20:15:04 +0800

I got a question here:

My house is RM 300K
I loan up to 210k last time with BLR - 1.88%... But by seeing current interest rate cut i am planning to top up my loan so that i can use the spare money for my house upgradation and some of it will be go into my investment .

I have check with my personal banker of RHB bank. They said i can loan up to 90% maximum so that means i can top up another 50k the most and the THE OFFER WILL be BLR - 1% only.....which is 0.88% higher than my housing loan.....Besides i got to pay for the lawyer fee and house value reevaluate charges which is about RM 3K....

Any other alternatives? can i appeal ? Pls advice.....

YTL CEMENT

darkknight81 — Wed, 07 Jan 2009 21:06:56 +0800

Have anyone eyeing on this counter too?

It hits highest price at RM 5.25 and RM 2.02 AT the lowest....

Today closing RM 2.40.

I beliv the price dropped is mainly due to the bleak outlook on the construction sector. Once economy recover this counter will shoot up faster compare to other company under ytl corp.

Below are some info which i manage to find.

1. YTL Cement declared a first interim dividend for the financial year ending 30 June 2009, comprising a 3% gross dividend less Malaysian income tax and a 7% single tier dividend. The book closure date for the interim dividend is 5 January 2009 and the payment date is 20 January 2009.

http://www.ytlcement.com/index/index.html

2. YTL Cement Berhad achieved a 30.9% increase in net profit to RM157.9 million (US$48.6 mil) for the 9 months ended 31 March 2008, compared to RM120.6 million (US$37.1 mil) for the previous corresponding 9 months ended 31 March 2007.

Revenue grew 21.4% to RM1,012.4 million (US$311.5 mil) this year, compared to RM833.8 million (US$256.6 mil) last year. The growth in revenue and profit arose mainly from higher demand for cement in the construction industry, improved operational efficiencies and better selling prices during the period.

My TP to buy will be RM 2.00...

Pls share your view on this counter here.

TITAN CHEMICAL CORPARATION

darkknight81 — Mon, 15 Dec 2008 22:03:54 +0800

Titan was listed in 2005.

8 plants in johor which produces 2 major classes of chemicals - olefins polyolefins

Raw materials - by products of oil refining.

Largest polyolefin producer in south east asia.

2005

EPS - 20.6 SEN

DPS - 3 SEN

2006

EPS - 24.6 SEN

DPS - 3 SEN

2007

EPS - 21.3 SEN

DPS = 7 SEN

2008 DPS - 6 SEN SO FAR

HIGHEST PRICE RM 1.80

LOWEST PRICE RM 0.725

15-DEC-08 CLOSING RM 0.78

MAJOR SHAREHOLDER

Union havard investments S.R.L - 31.26%

SKIM AMANAH SAHAM BUMIPUTERA - 22.99

PNB - 6.94 %

On my annual report of ASW, i din see titan in the top 20 investment anymore as i know titan has been one of the top 20 investments in ASW.

Any view and information from anyone pls post here as i need some-more information regarding this counter

FOREIGN DIRECT INVESTMENT pros and cons

darkknight81 — Mon, 10 Nov 2008 18:07:24 +0800

Main purpose for FDI

- Funding from the foreigners for business expansion, new business from the government to boost our economy.

But the negative side will be :

- Withdrawal of foreign may seems to be a good opportunity for most of us to enter stock market for investment. But
what i concern here is ... the foreign fund normally come in at huge amount and when they withdraw their fund basically our KLSE will tumble, Which means our money is being earn by the foreigners just by "GORENGING" our KLSE....

Doesn't it be better that our government set up some stringent ruling to control the amount of FDI in any single listed company in KLSE? Our total listed companies in KLSE market capitalization may only equal to one company in us or even china. So our KLSE is easily being goreng by FDI....