Sunday, March 7, 2010

13 Years Old Car


I just could not tolerate my 13 years old junk gave too much of jittering noise from the engine. The noise started the moment the engine get ignited. The noise get worst after switching on the aircond. Visited car workshop on Saturday, tauke told to replace timing belt, bearing & fan belt, estimated total cost about RM400.
Visited another workshop to get second opinion, after all this is just an old car no harm getting another qoute. Luckily end up spending just RM83 for a fan belt & alternator belt replacement, that include workmanship as well.
Sometime is good to get second opinion, you might save lots of time, journey & money. Just like shares investment, be sure you know where to look for answer.

4 comments:

Anonymous said...

horse

Congrat on your PBBank super performance today, has lead stock higher more than 22pts :)

Anonymous said...

Bought maximum keladi at 16sen, portfolio now at 100% + 100% margin.

Updated portfolio + margin line
1. Keladi 113.2%
2. Pharma 63.7%
3. PIE 11.8%
4. Yilai 8.7%

5. Combined total stake of Ken, Cresbld and UPA = 2.6%

horse said...

Market sudden lift in 2 days started from last Friday cross above 1300 barrier, likely to surge higher. We will be able to tell this Wednesday whether it is sustainable. I hope it go above 1350 mark. :)

Anonymous said...

horse

As portfolio already reach maximum level, what can be done now is wait for core stock to perform, especially keladi, if volume surge, these stock can be very rewarding.

keladi is expect to announce its financial result by end of this month, together will likely proposed similar payout of at least 1.5sen dividend. keladi mainly drive profit from property development in kulim and harvest fresh fruit from palm oil plantation.

With consistent earning from both property and plantation, EPS is well sustain above 1.5sen and range up to 2.4sen. Therefore, dividend of 1.5sen gross or 1.13sen net only make up of 50%-75% annual payout.

What is more interesting is that keladi is cash-rich company, forming nearly 45% of current share price (7sen/share). With limited capex, these cash reserve could be opt to payout as special dividend.

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