Thursday, January 17, 2013

Handsome Profit on UOAREIT ^^

1. UOAREIT - Sold half of my holdings at RM1.44. ^^ Realised handsome profit. ^^

2. STAREIT - Sold all at RM1.12. ^^ 1sen profit. DPU at 3.5873sen with 1H profit decrease by 40%. Will this a set back for STAREIT ? Will wait and see tomorrow.
 
3. ACOSTEC - Start to have some movement today. Closed at 0.65 is a good start. Hope to inch higher tomorrow. ^^
 
4. IGBREIT - Yes ! Closed RM1.39. Hope to break RM1.40 by next week. ^^ Sitting with big profit on this. ^^
 
5. Watch List - MBFHLDG, UOAREIT, STAREIT, ACOSTEC, IGBREIT, MKLAND, YTLP-WB
 
6. Good Luck. ^^ I still can't upload my print screen, i wonder is the qouta full for my blog ? Time to change blog ?

45 comments:

Teng said...

The safest & best opportunity to make money I know
Koon Yew Yin


16th Jan 2013


On 24th Dec 2012 the controlling shareholders announced that they wanted to buy up all the outstanding shares of TWS and TWSP that they did not own, at Rm 9.30 and Rm 4.03 per share respectively.


On 12th Oct I wrote an article “The most undervalued stocks I know” which was posted on Malaysia Finance Blogspot and KC Lau wewbsite when TWS’s price was Rm 6.40 and TWSP was Rm 4.00. TWS and TWSP closed at Rm 9.07 and Rm 4.06 respectively. Those who bought TWS should be laughing but those who bought TWSP are disappointed because the prospect seems so hopeless.


Since the announcement of take over, I have bought up most of the shares traded. In my opinion, I have never felt safer and better in making money before than now in buying TWSP at Rm 4.06 per share because your potential lost is limited to 3 cents per share if they actually have the right to force you to sell at Rm 4.03. But the potential gain can be a few Ringgit per share.


Although according to the takeover & merger code, the controlling shareholders can force you to sell at the offered price if they have acquired more than 90% of the total issued shares. But under the same code, any dissenting shareholder can protest and the civil court will have to hear the complaint and pass a fair judgement.


In March 2012 an analyst from UOB KH wrote an article on TWSP when its share price was Rm 4,80. He had a target price of Rm 7.20. In his opinion the RNAV of TWSP was Rm 19.56 per share and CAGR for FFB production is about 13% for the next 3 years because most of their palms are young. The industry average is between 5-8%.


Although they have sent out the official offer to buy up TWS on 14th Jan, they have not sent out the official offer to buy up TWSP. I think they could not find an independent adviser to support their offer. I also think it is most likely that they will raise the offer price to about half of the RNAV ie about Rm 10.


I believe this is the safest and best opportunity to own TWSP to make money because the downside is so small while the potential gain is so great.


I am obliged to tell you that my holding of TWSP forms a significant part of my share investment portfolio.


Koon Yew Yin

alwayswin111 said...

Teng
Did you buy any? I have at 4.07.

hng said...

horse

Well done! Keep laughing all the way to bank :)

hng said...

Teng

I think likely to follow Mr Koon, the Super investor to add TWSP in my portfolio tomorrow. I think once the take over offer expire, TWSP will unleash its power.

caryn said...

KrisAssets - Good BYE! Not Good BUY?!
Author: Tan Chin Kok | Publish date: Thu, 17 Jan 23:29 |

----------------------------------

CK>> For those who had bought KASSETS or KASSETS-CB on 6-Jan-13, the ex-date of RM2.60 cash distribution, especially those who bought at RM0.30 (the highest price it hit on ex-date). If you had bought and sold it in time, it was a GOOD BUY. But for those who are still holding it, GOOD BYE to you~

As per announcement published in Bursa today:



The abbreviations used in this announcement are consistent with the Circular to Shareholders of the Company dated 5 June 2012 ("Circular").
The Company wishes to bring the shareholders' attention to item 9, paragraph 4 on page 19 of the Circular, which is reproduced as below:
"However, the Board has no intention to maintain the listing status of KrisAssets. KrisAssets will be voluntarily wound-up upon completion of the Proposed Distribution, and accordingly be de-listed by Bursa Securities pursuant to paragraph 16.11(2)(c) of the Listing Requirements and the shareholders of KrisAssets will then hold unlisted shares in the Company until the completion of the winding-up process and be entitled to cash distribution resulting from the recoverability of the remaining assets (net of liabilities), if any, on a pro-rata basis."
The Company also wishes to highlight that the Proposed Distribution will be completed following the cash distribution to be payable on 6 February 2013 to the entitled shareholders of KrisAssets which was announced on 3 January 2013.
The Board of KrisAssets hereby informs that an extraordinary general meeting will be convened by end May 2013, to seek the approval of the shareholders to wind-up KrisAssets ("Proposed Members' Voluntary Winding-Up") and to appoint liquidators to facilitate the liquidation process.
Based on the unaudited consolidated financial statement of KrisAssets as at 30 September 2012, the proforma net tangible assets of the Company is RM0.03 after taking into consideration the following events:
(i) the Distribution-In-Specie of 2,729,913,887 IGB REIT units on 19 October 2012;
(ii) the interim single tier dividend of 28.8 sen per share paid on 28 December 2012; and
(iii) the cash distribution of RM2.60 per share, to be paid on 6 February 2013.
The net realisable value cannot be determined at this juncture. The final distributable amount after the Proposed Members' Voluntary Winding-Up is subject to the actual proceeds to be received by the liquidators after full settlement of liabilities and realisation of assets.
The Company is not aware of any factor which may have contributed to the high trading volume and current share price of KrisAssets.
CK>> We should expect a waterfall tomorrow. What happen if there are someone still queuing to buy at any prices above RM0.03? God bless you~

Here come to the end of the KASSETS post. This should be my last post about KASSETS. I love KASSETS!!!

http://klse.i3investor.com/blogs/cktan1984/23729.jsp

Showing 1 comment.
carynchua why our smart BURSA didn't suspend the counter until the finalisation?
18/01/2013 00:10 carynchua








325 277 468 586


ActiveGainersLosers
Top 10 Active Counters
Name Last Change
PATIMAS 0.14 -0.04
MAS-CL 0.005 0.00
KASSETS 0.175 -0.06
DAYA 0.215 +0.01
SCOMI 0.37 +0.01
UEMLAND 2.29 +0.09
ITRONIC 0.45 +0.035
UEMLAND-CO 0.02 +0.01
INCKEN 1.06 +0.09
DBE 0.085 0.00
Top 10 Gainers
Name Last Change
APM 5.70 +0.23
NESTLE 61.00 +0.20
SBAGAN 3.08 +0.18
MBMR 3.67 +0.18
HLFG 14.30 +0.14
GENM 3.67 +0.14
KSL 1.71 +0.14
KLCCP 6.58 +0.14
TCHONG 5.28 +0.13
LATEXX-WA 1.55 +0.13
Top 10 Losers
Name Last Change
DLADY 45.08 -0.36
ALLIANZ-PA 7.45 -0.23
AEONCR 11.40 -0.16
SOP 5.65 -0.14
HLBANK 14.80 -0.14
FIMACOR 5.91 -0.09
KOBAY 0.68 -0.09
BRIGHT 1.65 -0.09
KOTRA 0.62 -0.085
PPB 13.10 -0.08



caryn said...

sorry for the extras......above

we should collectively try to deny them from taking TWSPLNT private. buy and keep this counter forever and ever.......unless they give a much, much better offer.

Teng said...

CK5354 did recommend TWSP to me weeks ago.He again recommend to me yesterday (17Jan2013)

For those who new to Mr.Koon,he was founder of IJM ( and probabaly co founder of Gamuda)

cheeheng said...

teng

another stk which Mr Koon owns a lot is TDM.

Teng said...

Cheeheng

Thanks

Last year my friend told me Koon also invested in Xingquan,shoe making company from China

alwayswin111 said...

Horse
Congrats on your UOAREIT

caryn said...

Heng, Teng, Horse and the rest from here, why so aggressive in grabbing TWSPLNT? how m i to get some to keep for long term investment?

caryn said...

KASSETS on mega sale. hope no one from here get caught with their pants down!!!

hng said...

TWSP run too fast, unable to grab on it :(

hng said...

Kassest still trading more than 10sen!? Punter still keen to play around and attract buyer to continue jump in

cheeheng said...

teng

frm i3 blogger-kcchongnz-my personal opinion, yes, TDM is definitely a hidden gem. Its ttm EPS is 50 sen, which means at 3.37, its PE is just 6.8. For me a more relevant metric is enterprise value over its ebit which is just at 4.3. I doubt any plantation company is that cheap. It has 146m excess cash in its balance sheet, unlike some other company like TSH, Jayatiasa, RSawit etc which have huge debts but all highly recommended by analysts and many others in i3 forums. Same as the cash flows. Many plantation companies mentioned here are with no or little free cash flows. TDM has heaps of FCF every year. Its FCF has been consistent at 12% its enterprise value. It is abundant.

I-®on said...

ck5354

Fitters got in ? Mine all sold 0.645

Thanks

Teng said...

caryn

I have not bought any TWSP yet

Teng said...

CheeHeng

Thanks.Will consider TDM after study its balance sheet and P&L

I-®on said...

caryn

Incken 1.12...COngrats ya

alwayswin111 said...

Hng, Horse
Trying a bit of day trading ... IJMPLNT in 2.14. Out 2.17. ( 10k only). Small profit but ok la... Thanks for all expert advise.

ck5354 said...

anyone interested on CCM???

ck5354 said...

mkland 0.335 siapa minat???

caryn said...

I-ron,
taken 5cents profit sometime ago. enough for pocket money

ck5354 said...

q sell wct-wb 0.44

q sell star reit at 1.12 - loss some fees

alwayswin111 said...

Haha
I sold my Ijmland ... It flew ... Should have stayed on my target queue of 2.24...hmmm

Teng said...

Alwaywins111

When did you buy IJMLand?I still have mine bought 2 years ago

alwayswin111 said...

Teng,
This morning. Chart nice...

Teng said...

Wins111

Congratz

hng said...

Bought more CCM at 95sen, average down holing cost

hng said...

Kassest share remain strong and not only resist to go down but steady recoup loss !? Gambling still on ....

tcg82 said...

twrreit
going to release 4QE result & dpu soon? any idea when?

caryn said...

hopefully those members here don't touch K-AS-SETS. it's suicide to be drawn into syndicates play. once music stops, those holding the ball would regret unless u hv plentiful of cash to splash.

horse said...

Sold small sum of igbreit:) @ 1.39

Gark said...

I also hold both Kfima and TDM

Both cash rich, low PE, Low BV diversified plantation.

lg said...

hng and all comrades,

any view on TRC? mother or wa better?

thanks

Gark said...

On fighting the major shareholders, the last time Glenealy shareholders did the same thing and went to court. Led by activist shareholder from SG.

In the end the offer is better only by a bit (extra dividend payment) and the went through.

Nothing much minorities can do.

Teng said...

Gark

Sometimes minorities did win after rejecting privatisation by major shareholder.Good examples were Harisson and Metrojaya

ck5354 said...

kanasai fitter so fast down.

apa u buat????

Teng said...

Ringgit strengthen against other currencies,esp Yen.Companies importing from Japan,or those has borrowing in Yen will benefit. Companies UMW,Tchong and Tenaga will benefit

I-®on said...

Teng

And also APM

Teng said...

I-on

Think all auto counters including DRB Hicom will benefit

APM may benefit but not as much as other autos.APM is mainly producing auto parts. They probably buy less compare to other pure auto counters

I think Tenaga will benefit a lot

ck5354 said...

tenaga going to announce results this few days.

Anyone want to bet on it???

Teng said...

100Yen 6 months ago was about RM4. Now is 3.35. More than 10% appreciation for ringgit against JPY

caryn said...

KrisAssets will be voluntarily wound-up upon completion of the proposed distribution, and accordingly be de-listed by Bursa Securities," it said, adding the shareholders of KrisAssets will then hold unlisted shares in the company.
http://biz.thestar.com.my/news/story.asp?file=/2013/1/18/business/20130118114614&sec=business.

it would be wound up so how to hold unlisted shares in the company???

cheeheng said...

horse

congrats on your Uoareit,Stareit.Looking to sell my Uoareit,Stareit,Qcapita n Twreit nxt wk.Yeah all d reits !LOL!

Related Posts with Thumbnails