Lowyat.NET: Latest topics by Peter Lim

PICORP - Lynas awarded MYR80 million environment

Peter Lim — Sat, 01 Dec 2012 15:44:35 +0800

I think it can go up to 0.30 soon!

Let's see how it move next week!

[addedon]December 1, 2012, 3:46 pm[/addedon]this is only insider news-no confirmation!
Trade is only SPECULATION ONLY!

PICORP (UEM takeover 0.35)

Peter Lim — Sat, 29 Oct 2011 23:41:40 +0800

Must buy!

QUOTE

PICORP had disposed loss making project at Sudan on last financial year which caused the big loss. However, this year the company able to secure more projects & continue secure advantage of concession with the government for environment control.

The laboratory business is growing fast with latest development of buying a MYR40 million building (Bangunan BKA) to cater the demand needed.

I did some analysis, this company currently is strong cash flow (MYR 38 million) with no debt. I forecast annual profit will be around MYR16 million, mean the PE is at 7 times. Expected the fair value will be at 0.35++ with forecasted PE 15 times.

So, I think the current price (0.215) is worth to monitor closely & consider undervalued. If the takeover by UEM is true, this will be the catayst to make the price move out from the downtrend.

source: http://www.stockmarket.tailou.com

KELADI (Rumour of received letter of privatise)

Peter Lim — Sat, 29 Oct 2011 23:38:51 +0800

Must buy!

By major shareholder Tan Sri Dato Tan Hua Choon.
Offer price range from min 0.26 to max 0.40.

This is the very good news since I hold in my portfolio for it for many years & received many time of dividend.

Currently KELADI holding about MYR70 mil cash without any debt. This is why it able to produce good dividend yield to the shareholders. It main development place is at Kedah & planning to shift the investment to Klang Valley & the purchase of land still in discussion stage.

With it's strong cash flow, it able to generate better bottom line result with the new investment.

One thing I would like to share to you all is the land belong to the KELADI is still very much lower than the market value due to accounting standard requirement.

e.g.
This is only one of the example land belong to KELADI.
Approx. 525 arces land (freehold) with book value MYR19 mil, its last revaluation of land was 1996, can you imagine how much value it will be in 2011? Double? Possible the value for the land now is at MYR 40 mil which is double from the book value.

This stock is worth for you to monitor because from my point of view, this is SUPER UNDERVALUED stock!

Therefore, if the major shareholder intend to make it private. This rumour is highly possible.

Too bad in Bursa market, intrinsic value is not first priority choice by the trader. Bursa is more focus on speculation stock which is syndicate playing.

source: My Webpage

ASB

Peter Lim — Sun, 28 Feb 2010 16:38:48 +0800

QUOTE

Bought @ 0.155

Basic Reasons:
1. Successful in restructuring the debt burden & turning company into a profitable business model. Net profit (FY2009=$31 million vs FY2008 = -$7 million)

2. Hotel business (under Holiday Villa brand) successfully build a reputable brand name & securing more oversea hotel management service contract.

3. Information and Communications Technology (ICT) business still in growing stage & profitable.

4. New launching of property sales getting 80% taken up rate.

5. Cash status improved very well from last year.

6. Hugely undervalued price @ 0.15 against assets worth 0.98

http://www.stockmarket.tailou.com/viewtopi...26dddb1dcb0a723

This stock recom by other forum. What u guys think?

Don't buy Mercedes-Benz from MBSA Malacca MD FXXX

Peter Lim — Wed, 03 Feb 2010 22:23:24 +0800

From other salesman is still ok, but never ever buy from the managing director call FXXXX. I've very bad experience & nightmare with this guy!!!! Or else must black & white...don't trust the sucker promise!!!

SKPRES

Peter Lim — Wed, 15 Jul 2009 23:10:44 +0800

Singapore Juken Technology may launch takeover.....

source...

The Cars of “Transformers 2: Revenge of the Fallen

Peter Lim — Sun, 05 Jul 2009 23:59:20 +0800

Just watch the transformer movie! Chevy car is great but bad thing is no 2nd market value in bolehland.

Just for share.

The Cars of “Transformers 2: Revenge of the Fallen”
http://bursastreet.blogspot.com/2009/07/ca...revenge-of.html

New Chevy Spark
http://bursastreet.blogspot.com/2009/07/ch...kidz-spark.html

Very cute!!!

CBSTECH & AIM

Peter Lim — Wed, 24 Jun 2009 21:46:52 +0800

Insider infor...insider news...source says they will get the new big contract from POS malaysia!
This big contract is about $500 million!

source from...BurStr

Wah Seong Corp

Peter Lim — Sat, 13 Jun 2009 10:48:15 +0800

Buy it before too late. DONT MISS THE BOAT!

Cannot show u the proof. Cause admin not allow me to link it.

This is not my blog, this is our blog, our geng blog, we're the syndicates int the market, this blog use to distribute the information to everyone before we start "GORENG". Every month this blog can bring us profit about 50K in trading.

This is why the admin block me to link to the blog. This is not a free talk forum, but I still like it. Haha

[addedon]June 13, 2009, 10:58 am[/addedon]

QUOTE(Peter Lim @ Jun 13 2009, 10:48 AM)

THIS IS OUR BLOG! WE FIGHT WITH ANOTHER SYSNDICATE!
WE'RE NOT POINTING GUN AT UR HEAD TO ASK U BUY. TRADE BASED ON UR DECISION!

BURSASTREET
SYNDICATES TEAM

SWINE FLU LEVEL 6

Peter Lim — Thu, 11 Jun 2009 23:43:56 +0800

WHO: Swine flu pandemic has begun, 1st in 41 years

http://bursastreet.blogspot.com/2009/06/wh...gun-1st-in.html

Asia index will hv a free fall?

Prove of Worst is over!

Peter Lim — Fri, 05 Jun 2009 23:55:15 +0800

Here the sign of tracking economy recovery...

Euro - Retail Sales Rise for First Time in 7 Months

UK - House Prices Unexpectedly Jumped 2.6% in May

US - Jobless Claims Fall

UK - Services Grew in May for First Time in a Year

US - Factory Orders Rise for Second Month in Three

UK - Manufacturing Index Rises to Highest in a Year

China - Manufacturing Grows, Adding to Recovery Signs

US - April Pending Home Resales Surge 6.7%

detail http://bursastreet.blogspot.com/2009/06/si...y-recovery.html

Petra

Peter Lim — Mon, 01 Jun 2009 22:26:10 +0800

Another stock to recom

Maintain Buy. We are also keeping our FY09 forecast unchanged given our minimal downgrade in net profit from its 60% subsidiary Petra Energy. Our target price for Petra Perdana is RM3.50 based on PER of 9x FY10 earnings.

supporting infor: http://bursastreet.blogspot.com/2009/06/pe...ana-berhad.html

DONT MISS IT!

Litrak

Peter Lim — Tue, 26 May 2009 23:39:07 +0800

TP: 2.70

QUOTE

• We maintain our Buy recommendation with a higher 12-month target price of MYR2.70 (from MYR2.60), after rolling forward our earnings parameter.

• We have valued Litrak based on an average of its discounted cash flow (DCF) value (WACC: 8.2%-13.8%; terminal growth: 0%) and its dividend discount model value. Our target price of MYR2.70 imputes a 20% (unchanged) discount to its fair value, which is in line with its historical trading discount.

source:
http://bursastreet.blogspot.com/2009/05/li...a-holdings.html

UMLAND

Peter Lim — Sun, 24 May 2009 01:48:15 +0800

TP 1.35

Our target price is based on an assigned 0.4x P/NTA (0.3x previously). The target multiples are in line with the valuation metrics used for small and mid-cap property companies under our coverage. We increase our valuation metrics in view of signs of stabilization in the global economy, signs of improvement in demand for local properties and also a higher risk appetite among investors.

source: http://bursastreet.blogspot.com/2009/05/un...layan-land.html

MMODE

Peter Lim — Tue, 12 May 2009 22:38:52 +0800

Insider news saying that Digi may offer MMODE 0.30 for the entire stake to boost the mobine content business...copy from one source! But boss don't want, boss want 0.50!

Now only 0.10...

But sound too good to believe right?

TWSCORP

Peter Lim — Sun, 29 Mar 2009 01:23:15 +0800

rumour in the market, u can check who is the man behind this stock. This guy planning to sell Hotel Instana to Arab, to do so it need to take this stock private first!

TASCO

Peter Lim — Sun, 29 Mar 2009 01:19:33 +0800

Watch out this stock Monday. Trading interest now increased as major shareholder increase holder from 20% tp 60%

Good stock to hold!

Hartalega

Peter Lim — Sun, 29 Mar 2009 01:13:48 +0800

Target RM2.64

Now 2.50

FY09-10 earnings upgrade. We are upgrading our FY09-10 earnings forecasts by 17- 38% to take into account of the better performance of Hartalega. Maintain Buy. Our target price is revised upwards to RM2.64 (previously RM2.25) based on a PER of 8x FY10 earnings. Besides having a market leadership in nitrile gloves in Malaysia, we understand that Hartalega also has the most advanced glove manufacturing technology among its peers. Having said that, the risks to our view include: 1) fluctuating nitrile latex prices, since nitrile latex makes up about 50% of its total production cost; 2) uncertainty in crude oil price direction, causing uncertainty in raw material prices, 3) weakening of US$, since the bulk of its sales are exported, and 4) high reliance on 2 major customers, Medline and Microflex, which make up more than 50% of total sales.

source... http://bursastreet.blogspot.com/search/label/HARTALEGA

TMI/Axiata

Peter Lim — Fri, 20 Mar 2009 22:13:31 +0800

QUOTE

TM International’s (TMI) shares hit a low of RM2.15 and closed at RM2.16 yesterday. The share price is still 25% off the level it was trading at when the rights issue was proposed on Feb 26, although it may have found the bottom. Much of the sell-down over the last 3 weeks was attributed to concerns over the magnitude of dilution, with RM5.25bn set to be raised and where TMI has yet to fix the price of the rights shares, which will clearly give rise to the risk of further dilution

QUOTE

RECOMMENDATION
Trading opportunities ahead of rights pricing. We think there may be trading opportunities over the next week or so as we draw closer to the price fixing date (based on the 5-day volume weighted moving average price prior to the price fixing date of March 27). Essentially, the dilutive impact from the rights would be less strenuous should TMI’s share price ‘rally’ ahead of the price fixing date. We are eyeing a trading range of RM2.40-RM2.50, based on the similar discount levels offered by recent rights issues in the market. We upgrade our recommendation on the stock to a TRADING BUY from NEUTRAL given the probability of a sustained uptick in its share price over the window period (March 20-26) in order to mitigate the dilution risks.

source: http://bursastreet.blogspot.com/2009/03/tm...ernational.html

Hartalega Holdings

Peter Lim — Tue, 17 Feb 2009 21:53:02 +0800

Target RM2.64

The 9MFY09 results were above expectations, contributed by a higher nitrile gloves sales mix, stronger US$, higher production capacity and more efficient cost control. This led to an EBITDA margin improvement of 1.6%-pts to 22.9% YTD while core net profit was up 20.8% q-o-q and 96.2% YTD. We like Hartalega for its market leadership in the production of high quality nitrile examination gloves.

FY09-10 earnings upgrade. We are upgrading our FY09-10 earnings forecasts by 17- 38% to take into account of the better performance of Hartalega. Maintain Buy. Our target price is revised upwards to RM2.64 (previously RM2.25) based on a PER of 8x FY10 earnings. Besides having a market leadership in nitrile gloves in Malaysia, we understand that Hartalega also has the most advanced glove manufacturing technology among its peers. Having said that, the risks to our view include: 1) fluctuating nitrile latex prices, since nitrile latex makes up about 50% of its total production cost; 2) uncertainty in crude oil price direction, causing uncertainty in raw material prices, 3) weakening of US$, since the bulk of its sales are exported, and 4) high reliance on 2 major customers, Medline and Microflex, which make up more than 50% of total sales.

more....

from http://bursastreet.blogspot.com/2009/02/ha...a-holdings.html