I DID IT MY WAY: Scalp on KHSB ^^

Wednesday, March 6, 2013

Scalp on KHSB ^^

1. KHSB - Scalp on this guy, bought in 0.655 and sold out 0.66.^^ Just half sen profit. Enough for 1 week lunch money. ^^ Congratz to hng.

2. IGBREIT - Scalp trade. Bought in 1.37 and sold all back at 1.39. ^^ 2sen profit. As GE is near, better scalp trades to avoid any trap stocks. ^^

3. MPHB - Sold all at RM3.57. ^^ Some at 4sen profit and some at 20sen profit. ^^ Handsome profit on this. ^^

4. CARLSBG - Wow !!! Chalk up another 20sen. ^^ Closed at RM13.40. hoseadavids is right, if we compare to its peer GAB, this guy has more upside. Conservatively, my way of TP calculation will be estimated at 24 * 62 = RM14.88. ^^ Will keep for a while.

5. Watch List - KHSB, IGBREIT, MPHB, CARLSBG, TMS, MKLAND, YTLP-WB

6. Below was from ck5354. Suggestion quite valid indeed.

ck5354 said...
我们的投资建议：

1）如果你是作短期交易而且手上持有很多股票，我们建议卖出部分股票套现。如果美国股市反转往下掉，大马股市也会受影响；

2）如果你是长期投资者，不妨先等美国股市调整下跌，及大马大选过后再进场；

3）如果你还未进场，应耐心再等多三个月，当情况稳定了才进场；

4）如果大选日期确定了，则应在投票日前先卖掉手头上的股票，避免任何选举的结果影响股市。

7. Good Luck All. May The best price be yours always & Keep laughing all the way to the Bank. ^^

50 comments:

hoseadavids said...: Horse,
Why not keep Carlsberg forever?

It is a very well managed company that is growing extremely well.

It should take over Guinness this year or next year.

We should enjoy the yearly dividend :)

Aiyah, don't worry too much about the general election lah.

Regards.; March 7, 2013 at 12:36:00 AM GMT+8
ck5354 said...: bought some acostec at 0.63

prepare for 4 cents tax exempted dividend which yield at 6.2% on 14 March.

LISTING'S CIRCULAR NO. L/Q : 67144 OF 2013
First interim single tier tax exempt dividend of 4.0 sen per ordinary share of
RM0.50 each in respect of the financial year ended 31 December 2012.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend"
]
as from : [ 14 March 2013 ]
2) The last date of lodgement : [ 18 March 2013 ]
3) Date Payable : [ 28 March 2013 ]
MANAGER, SEC. MARKET; March 7, 2013 at 10:23:00 AM GMT+8
alwayswin111 said...: Hoseadavids, Horse
Congrats on Carlsbg. Any views on Sime at this level?; March 7, 2013 at 11:11:00 AM GMT+8
hoseadavids said...: I prefer United Plantations for two reasons:

(1) Good Management, and
(2) Good dividend yield

Regards.; March 7, 2013 at 11:20:00 AM GMT+8
Teng said...: Sime is diversified conglomerate,and United Plantation is pure plantion.

I also like United Plantation for its good management and generous dividend.; March 7, 2013 at 11:26:00 AM GMT+8
Gark said...: If plantation i prefer to look for future growth as in tree profile and remaining land bank.

SOP & TSH has the best of these including Kencana Agri...; March 7, 2013 at 11:33:00 AM GMT+8
Gark said...: Their earnings might be muted now, but once those tree matures, the earnings will go up very fast.; March 7, 2013 at 11:35:00 AM GMT+8
hoseadavids said...: United Plantations reward its shareholders with generous dividends.

Despite that, it still manage to have cash of 748 million ringgit.

And guess how much is their borrowing be it short or long.

Answer is: 0 borrowing.

This goes to show what a strong management team that United Plantations have.; March 7, 2013 at 11:42:00 AM GMT+8
Gark said...: SOP - Planted Matured - 40%, Immature/Young - 60%
Remaining landbank = ~20k ha (30%)

TSH - Planted Matured - 25%
Immature/Young - 75%
Remaining landbank = ~ 60k ha (50%)

Kencana Agri - Planted matured - 20%
Immature Young - 80%
Remaining landbank = ~40k ha (50%)

Typical FFB yield
Immature (0-3 yrs)= 0 t/ha
Young (4-7 yrs)= 11-24 t/ha
Mature (8 to 17 yrs) = 23-26 t/ha
Old (>18 yrs) = 17-23 t/ha
Very old (>25 yrs) - 10-15 t/ha; March 7, 2013 at 11:43:00 AM GMT+8
Gark said...: What you are buying with good earnings now in plantation now like KLK and United plantations, their tree profile is currently at maximum yield hence good earnings.

United Plantation & KLK has only <20% Immature/Young and >20% old.

FGV is the worst, avoid at all cost with >70% in the old category...; March 7, 2013 at 11:46:00 AM GMT+8
hoseadavids said...: Cash and Loans are good indication of how well managed a company is.

As of today:

Sarawak Oil Palms Berhad:
Cash: 577.9 million
Long term Loan: 437.5 million
Short term Loan: 143.8 million

TSH Resources Berhad:
Cash: 51 million
Long term Loan: 523.5 million
Short term Loan: 451.4 million

Kuala Lumpur Kepong Berhad:
Cash: 2,391 million
Long term Loan: 1,765.3 million
Short term Loan: 633.5 million

United Plantations Berhad:
Cash: 747.7 million
Long term Loan: 0
Short term Loan: 0

For me, TSH looks very scary.
I do not wish to own a company that has almost 1,000 million of Loan and only 50 million of cash.

Which company do you think is most well managed?; March 7, 2013 at 1:46:00 PM GMT+8
hoseadavids said...: Also which company do you think can give you the most dividend ???

Hint: those with lots of cash and no borrowing.

:); March 7, 2013 at 1:47:00 PM GMT+8
Gark said...: Well it depends on the investor..

Some like slow growing dividend stocks which is relatively 'safe' paying 3-5% DY.

Some like faster growing stock which has less dividend (~1-2%) & more risk but can reap the rewards later...; March 7, 2013 at 2:21:00 PM GMT+8
Teng said...: Can consider Bkawan,which is holding company for KLK

I bought in 2009( around RM8+)but sold all. I remember a research report said you get Bkawan other asset for free because Bkwan's holding in KLK already wirth RM8 per share; March 7, 2013 at 3:04:00 PM GMT+8
alwayswin111 said...: Hoseadavids,, Gark , Teng
Thanks for feedback. But Utdplnt has not had any correction in price when other plantation stocks corrected.
What are your views on Incken. Worthwhile accumulating on correction?; March 7, 2013 at 5:51:00 PM GMT+8
alwayswin111 said...: What I mean is UTDPLT has not corrected at all. Do you think we should wait for buying opportunity when market dips on Upcoming GE event.; March 7, 2013 at 8:09:00 PM GMT+8
Teng said...: Alwayswin111

Guess those holding UtdPlant is long term holder.Also,there are people willing to grab if price drop to certain level; March 7, 2013 at 8:16:00 PM GMT+8
horse said...: Thanks for the input all. ^^

No trading from me today. :(; March 7, 2013 at 8:41:00 PM GMT+8
alwayswin111 said...: Great sharing from you all as always.; March 8, 2013 at 9:50:00 AM GMT+8
alwayswin111 said...: Hng
Happy renovating. One eye on renovation , one eye on market, ya...; March 8, 2013 at 9:55:00 AM GMT+8
Teng said...: Alwayswins

Congratz on Muhibah. I did quick analysis on Muhibah,its cash flow,PE look attractive.But have not bought any yet.Sigh; March 8, 2013 at 10:33:00 AM GMT+8
caryn said...: MUHIBAH (5703) good? loss RM100m or 24cents per share last year!!!; March 8, 2013 at 11:11:00 AM GMT+8
Teng said...: Glomac Keng; March 8, 2013 at 12:16:00 PM GMT+8
cheeheng said...: This comment has been removed by the author.; March 8, 2013 at 12:28:00 PM GMT+8
cheeheng said...: Gooooooooooooooooooooooooooooooooo Carlsbg,MBSB,Muhibah.; March 8, 2013 at 12:30:00 PM GMT+8
I-®on said...: CCM surged up; March 8, 2013 at 3:36:00 PM GMT+8
Teng said...: CCM privatization?; March 8, 2013 at 3:51:00 PM GMT+8
Teng said...: Kseng GOOOOOOOOO; March 8, 2013 at 3:54:00 PM GMT+8
lg said...: Teng,
I caugh Kseng late entry @ 4.65. Hope the bumper divvy will have super power to push price higher in days to come!; March 8, 2013 at 5:43:00 PM GMT+8
Teng said...: Cheeheng

Your stock portfolios,Muhibah,MBSB doing good this week. Congratz; March 8, 2013 at 6:14:00 PM GMT+8
cheeheng said...: teng

thanks. Sold Tambun @ 0.835,MBM WA@0.65,Huayang@ 1.68, all realized paper profit.Still holding MBSB & MUHIBAH.; March 8, 2013 at 7:08:00 PM GMT+8
Teng said...: Interesting article regarding Kseng written by Dali

http://malaysiafinance.blogspot.com/2013/03/keck-seng-coming-to-boil.html; March 8, 2013 at 9:23:00 PM GMT+8
horse said...: No trading from me today. :(

28/4 is the last day for parlimen to be dissolved, will this GE go into auto dissolve ?; March 9, 2013 at 12:46:00 AM GMT+8
caryn said...: Email by a minority shareholder of MBF Holdings Berhad to Starbiz

Dear Ms Gurmeet,

I refer to the article with the title "Ninian making third attempt to take MBF private" which was published on 8 Feb 2013. I want to draw your attention to this article is because of certain material inaccuracy in the article. The net asset per share excluding the net assets of MBF Cards that has been disposed and the proceeds from the sale of MBF cards is around RM1.74 and not 1.54 as stated by Zulkifli Hamzah, head of research at MIDF Amanah Investment Bank. In fact, according to the latest Q4 2012 financial result of MBF which was published on 25 Feb 2013 MBF has a Net Asset Value of RM2.37 and the net profit for the year is RM385.2 million. En Zulkifli had said that the offer price is about one times his estimated net assets of MBF Holdings and reckons the offer is a reasonable one. With the lastest net asset value at RM2.37 per share, does he still reckon the offer price of RM1.50 as being fair to the minority shareholders?

Currently we have some issues to be resolved with MBF and has seeked assistance from the MSWG who has published an article below for your attention and publication if possible. The minority shareholders are definitely not impressed with the manner the board of directors especially the independant directors has handle this matter.

MBF HOLDINGS BERHAD (“MBfH”)
MBfH in their amended announcement dated 27 February 2013 stated that the joint offerors had collected 91.24% of MBF’s shares and they had no intention to maintain the listing status of MBfH and the trading of MBfH Shares and Warrants shall be suspended upon the expiry of 5 market days from the date of the Announcement, i.e. the suspension of trading will be effected from 9.00 a.m. on 7 March 2013.

Following several complaints from minority shareholders, MSWG organised a forum to obtain the views of minority shareholders on the MBfH privatisation. MSWG contacted Bursa and urged Bursa to defer the suspension of trading of MBfH shares to allow shareholders more time to trade as notice of the take-over offer was issued only recently. In this regard, Bursa Malaysia had informed the company via a letter dated 28 February 2013 that MBfH’s shares will be suspended only upon 5 market days after the despatch of the Independent Advice Circular (“IAC”) by Affin Investment Bank Berhad, the Independent Adviser (“IA”) for the take-over offer by the joint offerors.

MSWG’S COMMENTS:
Bursa Malaysia’s decision to defer the suspension of MBfH shares only upon 5 market days after the despatch of the IAC is commendable and welcomed by minority shareholders, who have yet to accept the offer, as they will be given more time to assess the advice from the IA.

In addition, minority shareholders are expecting the Board to uphold their commitment on the distribution of the proceeds from the disposal of the credit card business as dividends to shareholders who also expect that the dividend to be paid shall not be deducted from the offer price. In this regard, MSWG had also written to MBfH’s Board to consider the aforesaid issue and the IAC should be based on the latest results as at 31 December 2012 and not the audited results as at 31 December 2011. The audited results as at 31 December 2011 has not factored in the gains from the sale of the card services business which was completed subsequently; March 11, 2013 at 2:00:00 AM GMT+8
Teng said...: Kseng GOOOOOO; March 11, 2013 at 9:08:00 AM GMT+8
Teng said...: GLomac moving towards 1; March 11, 2013 at 9:29:00 AM GMT+8
Teng said...: Sold some Kseng at 4.90.Still keeping bulk of it.Actually I enter to sell at 4.89 but match at 4.90; March 11, 2013 at 9:34:00 AM GMT+8
cheeheng said...: teng

congrats!; March 11, 2013 at 9:55:00 AM GMT+8
Teng said...: cheeheng

same to your Muhibah; March 11, 2013 at 10:04:00 AM GMT+8
cheeheng said...: sold some Muhibah at 0.885,take some pft first..:); March 11, 2013 at 10:38:00 AM GMT+8
Teng said...: Cheeheng

Have you sold your Tambun?; March 11, 2013 at 12:44:00 PM GMT+8
cheeheng said...: teng

yup,sold all at 0.835.; March 11, 2013 at 12:56:00 PM GMT+8
cheeheng said...: Turbo up 5 cents but no volume.; March 11, 2013 at 1:00:00 PM GMT+8
cheeheng said...: Turbo proposed 5 cts div. tax free to be paid l8tr,probably nxt mth or May; March 11, 2013 at 1:03:00 PM GMT+8
Teng said...: CheeHeng

Too thin volume can be tough to trade; March 11, 2013 at 4:14:00 PM GMT+8
cheeheng said...: teng

ya,this one's a bit illiquid.; March 11, 2013 at 4:25:00 PM GMT+8
Teng said...: CCM siao already; March 11, 2013 at 4:38:00 PM GMT+8
cheeheng said...: Gooooooooooooooooooooo WCT WD; March 11, 2013 at 4:40:00 PM GMT+8
cheeheng said...: Teng

aiyoh,CCM paaaah-wer. :); March 11, 2013 at 4:47:00 PM GMT+8
alwayswin111 said...: Cheeheng,
Congrats on TAMBUN MUHIBAH MBMR-WA and Huayang
Teng
Congrats on KSENG
Keep laughing all the way to the bank.; March 11, 2013 at 10:18:00 PM GMT+8