Thursday, 20 December 2012

Updates: Kulim & Uchi tech

  • As predicted, January 2013 coming with pending special dividends announcement, KULIM shoots up from my buying price at RM 4.4! now reaching RM 4.82~ ( 9 % gain in less than 3 weeks!)
  • Heavy share buyback buy Kulim as well, definitely a strong bull for KULIM!!!

  •  As predicted as well, pending dividends of 5 cents per share, let the share price hovering from RM 1.13 to RM 1.19 ( 5-6 cents) , reaching my target price! sell again!
  • Profits of around 4% in less than a month! 
  • I try to be cash now to plan for more buying opportunities! 

Wednesday, 5 December 2012

Fong Siling: High Dividend Stock! e.g UCHI Tec

Mr Fong Siling said  these during the 2012 high-quality real estate & Home Exhibition" was held at the Sunway Pyramid Convention and Exhibition Centre, Sunway. " In view of the recent years sky rocketing value of the estate, but the rent does not keep up with, so the current price, the purchase industry as an investment, rate of return is only about 3%, In my opinion, rather than buy industrial rent collection, and it is better to consider the industry to buy high-dividend shares as an investment, depending on the dividend for rent, more cost-effective." The night to come to listen to my speech audience must remember, I once set an example, "for the industry, as the stock, depending on the dividend of the concept of rent."

Why UCHI tec?
  1. High Dividend stock with Dividend yield at > 10% ( 12cents) 
  2. High ROE company > 20%
  3. PE < 10
  4. Shareholders: SINGAPORE government!
  5. Currently near Year LOW!
  6. Coming dividend in December ( Christmas present!!!) 5 cents!
What is your View? 

Friday, 30 November 2012

Kulim Berhad... Is it the next shooting star?

When it is down turn , then it is Opportunity! Same go for Kulim!
Reasons I say so: 
  • Special dividend of 83-92 cents pending to be distribute after disposal of KFC and QSR. With current price of RM 4.36, it offers you a buy for Kulim at RM 3.5 with is the year LOW!
  • The current downturn of the price is actually due to heavy selling by EPF, maybe its due to its weaker QE 3 result, nevertheless, you should take a look at the heavy buy back by the company its self as well!
  • Its NTA of RM 5.07 

Is it the bottom of the price? I don't know, but it is definitely a safe bet at current level! 
It may drop further if the EPF dispose more than the share buy back by Kulim. 
Let 's us rock and row! 

Thursday, 22 November 2012

Faber: shooting Star


It is time to do some mathematics here. This company announce its financial report on 19 November 2012 and special dividend on the same day. As we can see from the financial report. EPS increased significantly and the NTA stood at RM 1.40. Its accumulative EPS shoots to 15. 1 cents!
Its special dividen is 20 cents ( 25% less income tax = nett of 15 cents)

Well, if we take a look at its chart on 19 November... it stayed at RM 1.38 . If we add 20 cents (special dividend ) , it should be RM 1. 58 , right? This is the most beautiful part! the next day , the stock fluctuate at RM 1. 46 - RM 1.52. If you able to catch it and sold in later at around RM 1.58, you will definitely gain even before the Ex date for the special dividend.

For example, this is what i had DONE.. with around 4% gain in 2 days time. But .. BUT....

The magic of this mathematics are ...
  • Faber is strong in Fundamental, EPS 16 cents giving a PE of 9 ++ and consistent dividends at 5 % every years.
  • Its EPS improved significantly compare to previous years, thanks to the property division of the company.
  • Not to forget the likelihood of the extension of the contract with Health Ministry, Malaysia ( Monopoly Business) which contributes to the sustaining growth of the company!
  • Well, if you have the holding powers, it is a 3 * stock. 

Tuesday, 20 November 2012

Reit: Which company to have Reit Next? KSL

Recently, there are so many speculations that REIT going to be HOT HOT stock as most of the property company with Reit, is shooting up like no business! Well, same go to an undervalued Gem-- KSL.

Read this article:

Don't forget about the NTA of KSL at RM 2.58 with is far below the market value! ++ its EPS which is increasing, there is no doubt that this company will shine like a shooting stars!

Cant Wait!!!!!

Saturday, 10 November 2012

Fong Siling: updates on CsCsTeL

Fong Siling: "Buy at Low... Down Turn... Go against the Norms..."

The outlook for flat product players in Malaysia is at best only stable due to the muted growth prospects for the local automotive, manufacturing and export sectors over the short term. However, we see a tactical angle in owning CSC by virtue of the possibility of it being taken private given its huge cash reserve of RM231.7m or 61sen/share as at 30 Jun 2012. Also lending credence to CSC’s privatisation story is the rumour of CSC’s parent company looking to acquire a stake in Lion Group’s steelmaking business, Megasteel. Indicative fair value for CSC is RM1.66 based on 0.8x book value of RM2.08, at a premium to its historical average of 0.7x to better reflect its strong balance sheet and possible privatisation by its parent company.

  • Despite the Depressing Steel Market, its EPS increased!!!(
  • Cash Rich! IT is time to Rock! by acquiring the smaller Steel maker! 
  • TA: Higher High Higher Low! Oss!!!

Thursday, 8 November 2012

Fong Siling vs Warren Buffet again: Compounding factor!

If a person complete their studies at the age of 25 to join the workplace, work to retirement age of 55, just three decades.Over the past three decades, the era of rampant inflation.Old students studying in Taiwan 30 years ago, as long as a few dollars you can eat a bowl of good beef noodle soup, and now to the whole hundred. Currency has depreciated times.In Malaysia 30 years ago, a few cents can buy a bowl of wonton noodles, and now a few ringgit.

If you put the notes in the safe, after three decades out consumer can only buy one-tenth or less the same thing.30 years ago, Kuala Lumpur Bangsar house, sell a million ringgit. The same house, now changed hands four or five hundred thousand ringgit. The banknotes increasingly worthless

More and more worthless banknotes to Favorites money to old age, retirement, I am afraid to porridge water to get by the.

After HKSE had rallied for since July, it hits the almost year high at 22899.85. With ICBC highest at HK 5.25, with sudden slump today at HK 5.08 after Obama took over White House. Hm... Time to take profit on this 5 Star Stocks.

Same go to KLSE which started to retreat after hitting year High at 1670++, and gradually retreated to 1630++... General election 13 is just around the corner. Time to be in cash to grab the good stuff!!!

Take a look at my China Windpower at HK 0.25 (up 11%) in a single day!! wow! I think something is moulding here! Hope to get the leap and flight!

Sunday, 14 October 2012

Fong Siling: Glove Maker...


Over the past 10 years, the Malaysian glove industry thriving, completely free from the impact of the economic recession, the sub-prime financial tsunami did not slow down the growth of the company.

Addition to the Top Glove, the other listed glove companies, including Supermax, Hartalega, profits, stability and so on, and also the performance of the standard green, in the next 10 years, according to the demand of international research institutions, gloves, maintain a growth rate of 8-10%.

Gloves shares as shareholders to create amazing wealth, but only a long-term investment of shareholders in order to enjoy the wealth created by the growth of the glove industry, those short-term speculators, buy a small profit on disposal can only get a teeny small Lee, salaried class investors, investment, investment growth is too low, when they retire is difficult to achieve the goal of financial autonomy.

A slight profit on the disposal, by no means the cumulative wealth of the road.

Sit on the Formula One project is the "reverse", and is cheap to buy, but the low price does not guarantee profits, it is the second project is the "growth", growth, such as Top Glove, long-term growth trend, but the only long-term holding in order to fully enjoy the fruitful business growth, short-term investments as if on picking one kilogram can grow up to 5 kg of watermelon, can not enjoy the sweet ripe watermelon.

  • If you notice, recently glove maker had been actively come out in the headlines of news! Why? 
  • 2 companys- e.g Latexx is being bought by other company.
  • the EPS of glove maker such as Top Glove is Fabulous! Same go to Supermx which is expansion mode!! 
  • The research showed that the international demand for glove is going to raise at the rate of 8-10 % , what about the profit margin? especially for Supermx which is moving towards automated systerm? 

Friday, 12 October 2012

Fong Siling: ICBC

Why Non Tangible Assets so Important?

ICBC had rocked the HKSE with shoot up to HK 5!!! wow! Awesome Return!
Based on the TA, uptrend is still intact, resistant at HK 5.6.
But , FA always the best! ROE 20% ++ Dividend of 5% for 5 star world class stock!

Let's us discuss about value of NTA since ICBC is top 3 WORLD brand!!!

A successful business living in the leading position in the industry. This fact alone is valuable.

(1) successful enterprise necessarily relevant products occupy a certain market new products to have a share, easier said than done. Therefore, the market share is valuable.

(2) followed by technology. When a company has the technology to manufacture high quality products or special products, the technology itself is valuable intangible assets.

(3) Third, is talent. The success or failure of the enterprise, whether the talent is the key, in particular, require special knowledge, skills and experience in the service industry. Such as financial institutions, information industry, the press, and so on. Some companies in the acquisition of other businesses, adhere to the original talent to remain a number of years before they agree to contract, that is, for this reason.

(4) place of business is also valuable, such as the banking sector. If you already have a bank branch in the same street, usually the National Bank will not approve another bank to establish a branch in its vicinity. Therefore occupy a key position in the branches, and is also valuable.Similarly, rent to superior status, crowded stores bits itself valuable.

(5) farming and industry, the company has a good location of the land, its stock should be higher than the value of tangible assets is reasonable. Such as good agricultural land have been listed company monopoly, again to establish the same scale of the company even more difficult, so the value of the stock should be higher than the net tangible assets per share is reasonable.

(6) The enterprise system is also valuable. For example, the financial industry, basically rely on the system to manipulate. Establish a system takes time, so the system is an intangible asset.

(7). Especially relations with old customers, but also valuable intangible assets.

(8) Time is intangible assets. At least to establish a successful enterprise for 10 years, eight years. During this period, the company to pay an enormous amount of interest to overcome countless difficulties. Some companies prefer to pay a higher price than the value of tangible assets (Premium) acquisition of the off-the-shelf enterprise, which is more cost-effective.

Wednesday, 10 October 2012

Fong Siling: ICBC RoCk !~!

As for ICBC, seems like it started it move already with intraday High at HK 4.70!! breakout of its higher HIGH!!! Let's Rock to HK 5++!! Not forget our BOC, 3988, started its move toward HK 3 ++!!!
Now in 11 October, it shoot up highest to HK 4.9! wow! 4% up in a day! seems like it will start to rock d!!! and in 12 October, It shoot up to hightest of HK 4.99!

Some people will ask why IcBc,
reasons :
  • 5 star world class bank
  • One of the WORLD class TOP brand 2012
  • PE < 7
  • ROE 20 % for past 5 years!
  • Heavy shares buy by China Fund Managers!
What say you!!

Wow! Let 's take a look at our pick.  As i said, ECS started to fly since 9/10/12 , with today high hitting RM 1.77! As for YTL WR, at the cost of RM 0.180, at YTL WB at RM 0.425, you will get RM 0.045 gain with each RM 200 conversion before 17 October! ( don't forget to convert! )
Not to forget our Scientex, start to move to RM 2.64 +-!!

As now in 12 October 2012, Scientex is moving up from Rm 2.4 to RM  2.9++

Let us ponder.....
We need to learn to be NORMAL people in stock investment. Normal human reaction is something you don't want to buy, the cheaper the more you want to buy. So, when department store sales, poll surge and gasoline price increases, on the eve of petrol station queues of vehicles. After gasoline prices, vehicle queues are rushing to "come on" If there is, is a "strange phenomena".

"Strange phenomena" are not normal, a normal phenomenon known as "strange phenomena". But in the stock market, strange phenomena ever. As always there, everyone was surprised. When stock prices high, people buy buying, when the share price is low, but nobody border to buy!

Monday, 8 October 2012

YTL WR- Hot Hot Stock!!

YTL- WR ...
to YTLpower


  • negative premium to the YTLpower WB at such a discount!!
  • YTLpower now at PE 9 +- with dividend 5 %, currently almost at year low!! EPS sustained!
  • what do you think? Fundamentally sound! yeah! Don't Miss this!!  

YTL-WR active ahead of Tuesday’s 5pm last trading deadline
Business & Markets 2012
Written by Cindy Yeap of   
Monday, 08 October 2012 15:28

KUALA LUMPUR: Renounceable rights to buy YTL POWER INTERNATIONAL BHD [] warrants (YTL-WR) given to YTL Corp Bhd shareholders at 20 sen a piece continued to be actively traded ahead of Tuesday’s deadline to sell them for a quick arbitrage profit.

At 2.57pm, YTL-WR was up one sen to 19.5 sen with over 24.4 million units done — the day’s second most active.

Simply put, YTL-WR allows the holder the chance to buy at 20 sen apiece YTL Power International warrants (YTLPOWER-WB), which was selling for 42 sen in the open market at 2.57pm.

This means that at 19.5 sen, an investor buying 100,000 YTL-WR could potentially make about RM2,500, excluding brokerage fees, using YTLPOWER-WB's value of 42 sen currently.

YTL Corp is offering up to 733.08 million of YTL-WR to its shareholders on the basis of one warrant for each 15 YTL Corp shares held on Oct 2, rights for which are being sold to profit in the difference between the 20 sen exercise price and the value of YTLPOWER-WB in the open market.

YTL-WR will cease to trade at 5pm Tuesday, according to a YTL Corp prospectus dated Oct 2 on the renounceable offer.

The value of the renounced rights had come off from as high as 27 sen apiece intra-day on Oct 3 when YTL-WR first started trading. This corresponded with the decline seen in the value of YTLPOWER-WB in the open market to 42 sen currently compared with 48 sen on Oct 2 before the renounced rights (YTL-WR) began trading.

YTLPOWER-WB, which expires in June 2018, has a RM1.21 strike price and one-to-one conversion ratio. YTL Power mother shares are going for RM1.61 apiece currently.

Sunday, 30 September 2012

Fong Siling : Scientex?

Fong Siling Vs Warren Buffet again!! 

Something really on for plastic manufacturing! If you notice, Scientex and GWplas announced for suspension of trade in KLSE on 28 September. Possible of combination of this 2 companies?? GWplas shoot up from bottom to RM 1.08~!

Reasons for Scientex!!

  • Fong Siling said: Growth! Company growth!!
  1. • Scientex FY12 net profit of RM83.9mn! It had just announced its QE results, you can see the EPS rose to 10 cents! With the recent expansion mode of the company, there are more upside growth of the eps for the company! Its eps attributable to both its manufacturing (+8.8% YTD) and property segment (+11.7% YTD).
  2. The encouraging growth from its manufacturing segment was driven by the installation of one new stretch film line in September 2011 and 2 new PP strapping band line in February 2012. More important are coming 2 new manufacturing line in March 2013, which will increase production line to 22%~~
  3. Dividen policy of 30 % of revenue! wow! coming Dividen at 6 cents in December! 
  4. ROE : > 15% ( fulfilled Warren Buffet philosophy!)  this is as compared to its peer, BP plas and GWPlas with ROE < 15% 
  5. Increasing NTA RM 2.44, and reduce Debt (Debt / Equity ration 0.5), with Current ratio 1. 47~~~!!! 
  6. Active share buy back by directors and company!
  7. Don't surprise! It is the 5th Biggest company in the world for this line of sector! 

If it's share price dropped below RM 2.35 ( support), it will be a bargain. Hopefully, with the recent GE 13 around the corner, its price will drop!! hoho!! 

Update on 3 October, Scientex plans to buy GWPlast at RM 1.2 / share. 
Expanding mode!!

Tuesday, 18 September 2012

Fong Siling? Warren Buffet?

Is it Fong Siling's Idea or is it Warren Buffet?    KSL

 What do you think of when you reach a news like this??
1.  NTSP cutting:

NUSAJAYA:  Huge crowds packed the newly-opened Legoland theme park yesterday as tourists from other states and Singapore took advantage of the long weekend to visit the latest family entertainment hub in the country.
Hotels around here reported full occupancy because of the spillover effect from the theme park which opened on Saturday.
Newly-opened KSL Resort had a corporate booking for 220 rooms on Saturday and all the guests visited Legoland before checking into the hotel for their annual dinner.
Its sales and marketing director, John Ting, said the hotel registered a high occupancy rate over the weekend and had benefited from Legoland.
Pulai Springs Resort marketing communications manager Charlotte Monterio said the hotel's accommodation package, which comes with two Legoland passes, was selling like hot cakes since it was launched last month.
She said 180 room packages were booked for the first two days of the opening.
"We are very happy with the response and will continue with our room promotion package by tying up with the theme park."
Johor Tourism, Domestic Trade and Consumer Affairs Committee chairman Datuk Hoo Seong Chang said the state government was having discussions with tourism industry players to increase room supply in Iskandar Malaysia.
He said the birth of a world-class theme park in Johor would undeniably bring in more tourists, hence the need for more rooms during school holidays and weekends.
"Legoland has not only benefited the hotel industry, it has also brought businesses to the retail and food sectors, too.
"The economic spillover is tremendous.
"With a new attraction in Johor other than the Johor Premium Outlet, we foresee a sharp rise in tourists, especially during school holidays," he added.
More than 35,000 annual passes offered at special rates have already been sold, with more than 60 per cent being taken up by locals.
The RM700 million theme park, which occupies 30ha in Iskandar Malaysia, comprises seven parks with different themes.
Legoland Malaysia features replicas of iconic Asian landmarks such as the Petronas Twin Towers, the Great Wall of China, India's Taj Mahal and Singapore's Marina Bay, recreated using more than 25 million Lego bricks.

2. Deal coupons?

  • Potential Growth is always the core of investment, as we can see here, with the opening of legoland, KSL likely will inprove its earnings significantly! 
  • Second question will be the price of the stocks that value for the entry... almost 2 years low ( RM 1.3 - RM 2.0), good current ratio and Debt equity ratio! 
  • Thirdly, is it a monopoly business? i guess not..... BUT, how about the land owned by KSL near the Iskandar area... do you think it is the hidden Gem? Value of the lands are priceless!
  • I think that it is just matter of time, the company will increase the eps and thus the return will be more than 15% perannum!!!
RM 1.48 now? What say you? 

Sunday, 16 September 2012

MR Fong Siling's Pick -- ECS

Why do Mr Fong Siling likes ECS??
  • The company proposed for 1-2 bonus in September 2012, but based on the price in early this year RM 1.2 to highest of RM 1. 63 ... The gain is ? 
  • The Fundamental analysis by MR Fong Siling base on the 8 criterias:
  1. Standard one: The current Ratio: 

    Current assets (Current Assets) can be turned into cash within one year of the assets, current liabilities (Current Liabilities) liabilities must be repaid in one year.
    The current ratio is current assets ÷ current liabilities derived from the ratio, the higher the better.
    ECS bill in the first quarter of March 31 this year, the current ratio of 306 (million) ÷ 156 (million) = 1.96, far more than twice as belonging to super.

    Standard: working capital (Working Capital)
    Current assets less current liabilities of ECS working capital on March 31 this year, 306 (million) -156 (in millions) = 150 (million), and more than sufficient to meet the operating funds needed .
    No wonder the company is no debt, there are 40 million ringgit in cash on hand.

    Standard three: liabilities to shareholders' funds ratio (Debt-To-Equity Ratio)
    Total liabilities divided by shareholders' fund income ratio, the smaller the number, said the company is relying on existing funds rather than borrowing to do business, so the smaller the number, the better.
    ECS debt to shareholders' funds ratio: 150 (million) ÷ 154 (million) = 1. Financial steady as a rock, 3 points.

    Standard Four: The net income per share (EPS)
    Annual income divided by the number of shares was the higher the better.
    ECS last year's net income per share was 20.70 cents, a medium deserve.

    Standard Five: earnings ratio (PER)
    The share price divided by net income per share, for the number of years required to recover the cost of the investment.
    Calculated ECS RM1 share price of 40 cents, the current PE ratio of from RM1.40 ÷ 0.257 = 5.5 (times), the international standards of the PE ratio is usually 10 times, the ECS 5.5 times PE ratio is low, deserved 3 points.

    Standard 6: The rate of return on shareholders' funds (Return On Quity, ROE)
    Annual income divided by shareholders' funds, thanks to a number.
    This ratio is used to test the efficiency of management, the higher the better.
    ECS net profit of 29 million ringgit last year, the shareholders' fund of $ 47 million ringgit, so shareholders fund rate of return of 29 (million) ÷ 147 (million) = 19.7%, 3% several times higher than bank fixed deposits.

    Standard Seven: dividend yield (D / Y)
    The dividend per share divided by the share price of the sum.
    The dividend yield is usually standard for calculating the net dividend.
    ECS last year sent a net dividend of 8 cents to 40 cents of the price of RM1, dividend rate of 8 cents ÷ 140 cents = 5.7%, almost twice as high than bank deposit interest rate of 3%, deserved 3 points.

    Standard Eight: per share, net tangible asset value (NTA)
    Shareholders' funds divided by the number of shares was the.
    ECS per share net tangible asset value of RM147 (million) ÷ 120 (million shares) = RM1.23, slightly lower than the market price of a stock, you should get two points.
    Summarize the eight standard, ECS made 24 points in 22 minutes, the company said strong fundamentals.
    ECS Sihai stack Zhang family control, has 25 years of history, the agent of the products of the world's more than 30 computer and mobile phone companies, distribution points up to 2500.
    Business fundamentals like the foundation of a building, the fundamentals are strong, said a firm foundation, and can withstand stormy attacks.
    Before buying, if they can do their homework to find out the strength of the stock fundamentals, according to the above method can reduce the risk. Risk reduction, equal to improve the odds.

Agent over 30 brands
The company is one of Malaysia's largest information technology products agency and distribution company, ICT is the abbreviation for Information & Communications Technology.Malaysia has over 2500 distribution points.
The company's agents and distributors of products, including laptop computers, personal computers, copiers, software, network, telecommunications equipment, data storage, etc.. More than 30 kinds of brands, including HP (Hewlett Packard), IBM (IBM), Cisco (Cisco), Microsoft (Microsoft), Apple (Apple), Dell (Dell), Oracle, the Epp application (Oralle, Epson), Samsung (Samsung), Pakistani law network (Buffalo), Adobe, Juniper, Blue Coat, Vmware, Google (Google), Canon (Canon), Philip (Philips) are a well-known brand in the world.
Singapore-listed ECS Holdings (ECS Holdings), associated ECS, ECS Holdings owns a 41% stake in the company, the Asia-Pacific region's largest IT products agent and distribution companies in China, Thailand, Malaysia, , Singapore, Indonesia and the Philippines, with more than 23,000 distribution points.

Growth? Is there a growth? Most probably! 

Monday, 3 September 2012

Mr Fong Siling- Why BREM?

冷眼- BREM 

Reasons for BREM
  1. NTA RM 2.71  , in fact with the land in KL bought at RM 3000, the NTA is more than RM 2.71
  2. Coming dividend to be announced in September, 6 cents . ( as in the Q1 result)
  3. RM 1.18-1.19 consolidate for sometimes, with stable volume. ( downside really Minimum) 

Why did Fong Siling choose BREM holding? This company bought 4.70 acres of land in 1994, 17 years ago, to 3,000 ringgit per acre of 638 ringgit, but also an incredible thing.There are even more incredible is that the company in 1994, to 7,000 ringgit, or 572 ringgit per acre, buy in Klang Po, another period of 12.23 acres of permanent right to land, the report said that this section of land development . 
Corporations are building shares Bainian, but focus on the industrial development in Kedah, Petaling Jaya, Klang Po and Wu Gila mess, and Kuala Lumpur Batu Si rock Mo has a lot of land, and development activities are concentrated in the Si Rock Mo, 412 condominium units Orchid Garden (Villa Orkid) Sale. According to the annual report, the company has in Batu 9 above land, 30.50 acres, in 1995 and 2005 to buy, only 17.49 ringgit per square foot value in the accounts.
Brem nearly 70 million ringgit to buy the 33.28 acres of development land in Kuala Lumpur Tamkang, on the 48 million ringgit to buy Petaling 7.577 acres plant for commercial development, these two sites a total cost of $ 100 million 18 million ringgit , almost equal to the paid-up capital of the company, the company said the move was "trying to use a reasonable purchase price of land to supplement the basement. Land rose faster than house prices. 
Let me give Brem, for example, is to illustrate a fact: Most of the listed companies, especially industrial stocks and focus on industrial development, construction shares owned land, the value is underestimated. Especially in the last two years, the industry rose, land value or more than the house rapidly.
Real estate owned by the listed companies, the value of I do not know doubled the number of fan to the market price of the re-valuation of the real estate owned by the listed companies, net tangible assets per share must be greatly increased.
Some valuable land, the company that is secret, thinly traded, their stock is not favored by investors, stock prices lagged behind the general trend provides a good opportunity to buy undervalued shares only at a reasonable price, for serious investors .How can the value of the mining industry shares?
The first step, please remember the following several mathematical per hectare (ha) equal to 2.4711 acres (acre); equal to 43,560 cubic feet per acre (sf); per square meter (sq.m.) is equal to 10.7309 cubic feet (sf).
The annual reports of the listed companies in the industry table "sometimes ha, sometimes acres, sometimes square meters, sometimes Youyi feet calculating land area, you must understand the metric and imperial conversion, in order to calculate the value of each feet.
The second step to identify the land price, compared with the book value in the Annual Report, you can find out whether the land value of the listed company is undervalued.Buy land undervalued stock, equal to cheap to buy the land, did not buy the land red tape troubles, easy against as cash.

Saturday, 1 September 2012

Ivory- Master Fong Siling's stock

Fong Siling's Ivory stock... Will it rock?

According to Mr Fong Siling, choosing a property stock should take into account relevant factors
Above is based on the point of view of the assets, PE ratio and dividend rate to assess the value of the stock before you buy, it is best to be done more homework:
1. Basement? When to buy? Can be used for the development of many years? 
What is the location of the land? Area room demand it? 
3 of the company's liabilities. 
4 sold the house, but no payment is received how much? (Unbill Sale). 
5 five years to the company's performance? Management is actively developing business?

Well, what so great about IVORY? 
  • latest Q2 results showed eps 7 cents ++ , including the 3 cents from Q1, it is almost very easy to achieve another 4-5 cents eps in next 2 quarters! 
  • Especially with the launch of Bayan Mutiara projects at the end of 2012. (GDV: RM 10 Billion).
  • So, the growth factors should not be an issue here. “We will also be launching the much anticipated City Residence project, Island Resort phase four Boutique Bungalow  and Bayan Mutiara phase one by 4th quarter this financial year,” he said in a  statement yesterday (Aug 30). IPGB revenue posted a decrease to RM47.2mil compared to its corresponding quarter of RM66.3mil. The Group foresees the revenue to improve following impending exclusive projects that are scheduled for commencement in the second half of the year.Meanwhile, the net debt equity ratio has been reduced from 0.72 time as at Dec 31, 2011 to 0.59 time as at the June 30, 2012 borrowing status.The current year-to-date net profit has amassed RM30.8mil. The Group expects its business prospects for the financial year ending Dec 31, 2012 to be favourable

I just cant figure out why some of the insiders ( Ooi Choi Keat, Lim Hock Siu), still selling out the shares of Ivory despite the promising results from the Ivory, anyone can share here? 

Friday, 24 August 2012

What did Fong Siling say about COMPANY GROWTH?


Fong Siling always says  that buy stocks is to buy the company's shares, equal to investment. As long as corporate earnings are increasing, your shares will be increasingly valuable, your wealth will be growing.
So, after you buy the stock, you should be concerned about the progress of the company's business, not the ups and downs of the stock.

If you do not have confidence in your company, you would not have to make long-term investments, as long as the price is slightly since, with a little petty, divest fear less, this investment law, it is difficult to accumulate wealth.

The success or failure of the stock investment, since determining the success or failure of the company, then, to invest long, or to withdrawal or to continue to invest in it, depends on the company's performance.
If the company's profit is rising every year, you may choose not to sell. So, buy the best long-term investment plans, however, if the company's earnings performance than you expected poor, and short-term (1,2 years) is unlikely to improve, it is best to act decisively, divest you shares, invest your money in a more promising company.

So, after you buy the stock must close tracking the company's business progress. The company's every move, should be analyzed to see if the company is favorable or unfavorable. If it is unfavorable, then, the best Divestment. Protect your capital, and should always be your most important investment conditions.

so, what are the reasons for SUPERMX now? correct!! it is the increasing in earning!

  • CEO, Datuk Seri Stanley Thai said its company aimed for 15-20% growth for the next 5 years ,based on the full automation of its operations, better business opportunities and aggressive marketing and distribution activities worldwide.
  • Falling natural rubber prices ( increase the earning)
  • Automated systems which will fully implemented in year 2013 which will reduce the operating cost to 60%!!!! ( 27 Millions / year) ~ almost 20 % of the revenues! 
  • Supermax also recently started work on its new, national distribution headquarters in Chicago, United States which will enable the group to have additional capacity to accommodate its business growth in the US market.
In short, 15- 20% growth ! with new dividend policy! SUPERMX really looks attractive! 

Friday, 17 August 2012

冷眼 (Fong Siling) & Neo Choo Ee : CSCSTEL

冷眼 (Fong Siling): CSCSTEL 

(1 million share ~ 0.27%)

Neo Choo Ee & Company ( 1.7 million share~ 0.46%) 

This is one of the stocks own by Mr Fong Siling.

With the China steel market heavily hit the local steel market at lower price, CSCSTEL seems to be one of the victims with the significant drop in EPS in Q1. But, surprisingly the Q2 results showed the EPS increased from 1.7 cents to 2. 86 cents! WOW, what a black horse!!!

What i like for this company at these moment of time are:
  • Year Low currently ( due to the poor outlook for steel market at the moment of time), it is time to collect! Don't you think so?
  • Cash rich, debt free company with high NTA RM 2. 04 ( almost 80 % discount from current share price! ( debt equity ratio at 0.1!!!!!!! only)
  • With the government implementation of ETP in which infrastructure construction are being released one by one, the Director of the company is confidence that the company will back to Rock & Roll! 
Do you think it is wise to collect now, when the bar start to show turning point! wow! 

Thursday, 16 August 2012

冷眼 (Fong Siling): TDM

冷眼 (Fong Siling): TDM

Planting is the most time-tested enterprise, because the most important asset - land owned by the plantation companies, the value of l drop, preservation assets.Although the original product price volatility fierce, palm oil, with its low production costs and a variety of uses, with the strongest competitiveness. Four decades, the share of palm oil in the cooking oil market, from 5% to over 40%, to prove their superiority.

Buy planting stocks, it is the most prudent investment. Unfortunately, most individual investors do not familiar with the oil palm industry, does not assess the ability of planting stocks missed the opportunity of the low buy planting stock.Let's us ponder TDM!!!

History: development history of over 45 years.
Plantation Location: Terengganu.
The major shareholders: The company is the investment arm of the Terengganu state government, state government and state development agencies have 53% and 14.9% stake in this company.
Plantation area:
(A) The company has oil palm plantation: 26,162 hectares (60,000 4649 acres).
(B) the company on behalf of the management of oil palm plantation: 32,897 hectares (80,000 1292 acres).
(C) Other land: 6734 hectares (16,640 acres).

⑴ oil palm garden.
(2) medical services: three small hospitals.

Reasons for choosing TDM: 

  • its Terengganu has 82,248 acres of oil palm plantations (33,284 hectares), all mature, and rich period in the current prices of crude palm oil (CPO) tall and graceful, the greatest beneficiary.
  • The company will in the next three years, in East Kalimantan, Indonesia, planting 50,000 acres of oil palm has been planted at the beginning of this year of 5000 acres.The company plans eight years, the planted area expanded to 100,000 hectares (250,000 acres), planting stocks, growth stocks.\
  • The company with capital of 200 million to 31.46 million ringgit, with 100 million 65.01 million ringgit in cash and no debt.
  • The company requires at least 30% of the net profit as dividends distributed to shareholders, last year net profit of 41.49 cents per share, distribute a net dividend of 13.50 cents.

Current Outlook:
- Current EPS dropped significantly due to low production of the palm oil, but this is picking up in JULY. Therefore, there is no doubt the EPS of the remaining 2 Q will be good!
- At current level, maybe it is still high RM 3.80, should we wait for the falling knife to stabilize before we go in? 

Monday, 13 August 2012

MR Fong Siling Vs Mr Koon Yew Yin

Fong Siling Vs Mr Koon Yew Yin

( TA Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Koon Yew Yin 637,700  0.57 %- annual report 2010)

Up to more than 900 listed companies, good and bad, only a part of better quality, it is worth buying as an investment.This part, there are three, five hundred, from three to five hundred companies to elect three, five worth the investment, easier said than done.Human stock market, the vast majority do not do homework, or do not do their homework, to more than 900 companies, the separation of the pros and cons, and make the right investment decisions, difficult of difficult.The majority of the stock of human, simply choose to cut corners - speculation, ignore stock fundamentals alone "message" to get into the blaze, the result is that most get bruised and battered.

In fact, as long as we read more to see, in more than 900 companies, to find five worthy of your investment in stocks is not impossible.But first you have to be "heart share", will it be possible to find a good share of your dream.The so-called "heart shares" is that you never forget, tirelessly to find good stocks.Whether to see, read or heard of any stock-related message, we must constantly ask yourself: This is not an investment opportunity?As long as you never forget to invest in, you will one day find a good investment opportunity.

This situation, as if you're driving on the highway, if you are looking for your girlfriend, you will definitely side of the driving side of the constant attention, you will find on the roadside waiting for your girlfriend.If you've got no idea of ​​looking for a girlfriend, your eyes just look ahead, even if your girlfriend is on the roadside station, you are turning a blind eye to miss the opportunity to invite her on the train.Most people see investment opportunities, because they have no idea of ​​investment (the hearts of shares), the results and opportunities for passing, and lost a good opportunity to make money.

Success Transformer: 

  • PE : 5
  • Steady increasing in EPS 
  • ROE: 14.63 % 
  • Sudden surge from RM 0.98 to RM 1.08 in one day today! 
  • Any ongoing good news? let's take a look at the chart, price slowly rise from RM 0.90 to RM 1.06 , someone collecting? 
Lets wait and see! 

Tuesday, 7 August 2012

Does Mr Fong Siling Agrees with ICBC


Why Mr Fong Siling think reading annual reports is the key of success in stock investment? Does the same goes to ICBC, HK . Mr Fong Siling said...

Read the annual report is an important item in my investment career. Read the annual report, can enhance the understanding of the listed companies. All listed companies must comply with the Listing Rules to publish an annual report within the prescribed period, report to the shareholders of the past year the company's business situation.
Listing Rules, the provisions of the Annual Report, the report projects the annual report, each company are the same. Of course, the contents of the report due to vary.The purpose of the annual report is to make a comprehensive understanding of the shareholders of the company's business.
The company are the shareholders, the shareholder is the owner of the company.
Shareholders own the company, the shares of the assets of the shareholders, as a listed company, the shareholders have the right to decide to continue to hold or sell off his shares, the decision must be made according to the company's performance; read the Annual Report is to understand the performance of the company's most direct and simple way.
Each stock investors must read his holdings of the company's annual report, and then made the decision to continue to invest in, or withdrawal, according to the annual report.
To provide additional information
Many good company's annual report, in addition to the provisions of the Listing Rules to publish projects, but also provide additional information to help shareholders or investors, and understand all of their company.
Some of the company's annual report, further comprehensive report on the trades, to enable shareholders to make more informed decisions.
Malaysia Smelting (MSC, 5916, industrial products, shares) in the annual report is a good example. In addition to the company's business, the company's Annual Report on the World Tin made an in-depth and comprehensive coverage, is simply a mini World Tin encyclopedia.
From the annual report, you will find that Malaysia Smelting has a high-quality management, which is the company's most important and most valuable intangible assets.Read the Annual Report, you can often find investors to ignore the information in order to catch other investors can not be caught.
Read annual reports, and make you a better understanding of the companies you invest, thereby increasing your confidence in your company. Confident that before long-term investment; only long-term investment, you be possible to obtain huge profits; only get huge profits, in order to get rich.
⑴ to read the annual report to help to explore the treasures.
⑵ as long as earnings continue to rise, long-term hold on.
⑶ performance to reverse the valuation is too high, should be withdrawal.
⑷ stock investment, the need to regulate.
If good stocks are cheap to buy, as long as earnings continue to rise, it should continue to hold, do not ignore the short-term stock price volatility.

so, after reading Mr Fong Siling's way of investment...
Let 's us ponder, why the ICBC the 5 star blue chip bank in HK , China drop from sky since May 2012?
- China government's policy to reduce the interest rates by 2 times which reduce the EPS of the bank?
- Europe sentiment and ongoing volatility of the share markets?
- China economy slow down?

But, i think that this is the time for us to invest in this company... at almost year low. Reasons?
-From TA point of view, it turns from the bottom to higher high, higher low. Good signs definately! 
-From FA point of view, 
P/E Ratio6.19
5 star bank with PE of 6? and Dividend yield of 5.46 % ( higher than the fix deposit)
Bear in mind that ICBC is one of the biggest bank in China, if the economy starts to recover, don't you think that the bank will lead the Hang Seng Index to the sky?

Let 's us see whether it will rise from the close today at HK  4.58? 
Just have a look at the earning of the company,
What do you think?