Please Click LIKE to like my blog. Thanks for support

Follow by Email

Saturday, September 24, 2016

KESM good, Steel Companies, PERAK TRANSIT BERHAD IPO Target price fair value, CIMB, PROLEXUS, LBS, Gandang, INARI, Superlon, MBSB, BISON,

This week bought KESM at RM7.7x. After the quarterly result, the share price took a dive from RM8.00 to RM7.52 during the morning session. This was expected because their profit down year on year. I was not panic because I have studied their result, the drop in profit was due to forex, reversal of sundry items last year and tax. All these are exeptions and the core operations profit in fact has increased.

Whatever past is past, I buy shares for the future. What is the future of KESM at KESM share price of RM7.7x?
1)PE ratio 10 times. Not cheap but not expensive

2)Growth?
World-wide semiconductor revenue is decreasing, however, the world-wide automotive integrated circuit market is forecasted to grow at 7.2%, from
a revenue of USD22.2 billion in 2016 to USD23.8 billion in 2017.

KESM is at the right unique sector, automation in car.

The company said...... We are just at the starting point of an exciting road ahead focusing on our strategic plans. Our customers are rolling out new devices and solutions to meet the growing demands by the car makers.

"We see great potentials as increasing new automotive devices are required for added features in the evolution of cars and our opportunities will remain as the demand grows," Lim said.

You see the word "starting point"? Means baru start (just started)

3) Affin Hwang recommended buy KESM with KESM fair value of RM11.00. Maintain BUY and target price of RM11
No major changes to our FY17-18E EPS forecasts and we introduce FY19E EPS of 129 sen (+26 percent yoy). We continue to believe that KESM is in the position to benefit from the strong growth in the automotive semiconductor segment, underpinned by rising electronic contents, from safety to infotainment and autonomous vehicles. Maintain BUY and target price of RM11 (12x calendarised 2017E EPS) which offers almost 40% upside.

4)With share price of RM8.00, high chances for bonus issue and share split which will attract more buyers and volume, get re-rating and unlocking value.

KESM dividend is poor, 1% yield I think. But they have generated a lot of cash and reduced a lot of debt. In fact, the dividend has increased. Last year dividend RM0.06, this year 25% more RM0.075. I strongly believe they will pay more dividend in the future.

I was waiting for a lower price but KESM share price rebounded from RM7.52 to RM7.7x. I couldn't wait and bought it. I think many people had realised that the quarterly result is not that bad after all. Please remember we are buying for the future and not the past.

KESM share price closed at RM7.94. I bought at RM7.7x, about 3% higher from the low. Am I bad investor? I don't think people will always get at the lowest price, only SKL can do that. Who is SKL, those who know cantonese will know.

Those who have just sold, after getting more info, if they think KESM is good to buy at this price, can consider buy back. I'm not saying KESM is good to buy for them, I'm saying with all info and "they think" KESM is good at this price, can consider buy back. Because what's wrong if we buy a stock that we think is good? Past is past.

All things come with a risk. With the information that we have for KESM, I will continue to add KESM, unless got negative news.

Again, did not manage to add FIBON stock.

PRLEXUS, as shared in my previous articles, their factories and fabri mills ready in around 2017. I was supposed to KIV this stock and buy in 2017, but as shared in my facebook it seems the volume and share price has started moving a bit. Bought at RM2.4x.

Sometimes i forgot to share what I want to and forgot what I have shared. All these bloggings taking a lot of times because I have to check here and there. I don't even have wifi at home. All typing via phone. If you eat I dont feel full, if you don't eat I will not get hungry. But as long as my sharing can help others, I'll be very glad.

After searching, I have not shared my selling of CIMB. I sold my CIMB for gain. Bought at RM4.4x sold at RM4.7x. This CIMB is not for long term, took opportunity on the low price and momentum.

LBS stock announed some don't know what developments. Newbie bought it at RM1.6x and now RM1.78, up more than 10%.

His Gadang continue to grow strong, with Gadang share price almost RM3.00.

His Inari share also steady, maybe is because of the launching of new iPhone.

I don't have these stocks.

Those he cut loss examples DRBHICOM and GTronic share prices are higher than his selling price.

Oh, have I shared newbie also bought KESM few weeks ago? His price was RM7.8x if I remember correctly. He kind of like the idea of growth in the driverless car/taxi which may benefit KESM.

Many people are making huge gain from steel companies. I missed it because was not aware of what was happening. Some of the steel related stocks shared by prominent uncle: (for concrete reinforcement in construction) players such as Masteel, Southern Steel, Annjoo; downstream players like Choo Bee, Leon Fuat, AYS, Leader Steel and etc. He said must study carefully, not all steel companies are the same. Some produce different products, some only small percentage of revenue from steel.

Superlon stock. Dropped from RM2.3x to RM2 and now rebounded to RM2.4x. Quarterly result is out soon. Hopefully will be good.

MBSB price looking good. Will not buy more.

Bison share price is almost RM2.00. I made but did not buy more because the PE is high. Analysts also did not give high fair value. I will just hold.


PERAK TRANSIT BERHAD IPO
Kenanga said... We like this new IPO, Perak Transit, for: (i) its quasi-recurring income model, (ii) being in a highly defensive sector with high barriers of entry, (iii) tax incentives and strong PAT margins of 30.2-32.1% in FY17-18E, and (iv) future growth from new Kampar terminal (IPO proceeds of RM36.8m is mainly for this development). Forecast earnings of RM27.1-RM31.1m and 4.0-4.5% yield in FY17-18E. Our DDM derived Target Price of RM0.22 (52.6% total returns) implies FY17E PER of 9.4x. SUBSCRIBE. 

Forecast earnings of RM27.1-RM31.1 for FY17-18E mainly from A&P revenue growth, additional 25 buses in FY17, while the project facilitation fee remains the icing on the cake. We are expecting bottom line margins to expand in FY17, and estimating 30.2-32.1% PAT margins in FY17-18E from continued growth in the A&P revenue YoY, and on the back of lower effective tax rates (9%,7%,7% in FY16,FY17E,FY18E) derived from tax benefits received. A dividend pay-out policy of up to 25% translates to FY17-18E DPS of 0.59-0.68sen (4.0-4.5% yield based on the IPO price of RM0.15).

DDM-driven Target Price of RM0.22 with total return of 52.6% (7.69% discount rate; 3.19% 5-year risk free rate). Our TP implies FY17E PER of 9.4x. There are no direct comparable but given its quasi-recurring income base, we back tested our valuation method against small cap (<RM1b market cap) MREITs. Based on average small cap MREITs’ FY17E PER of 16.0x and yield of 6.0%, we derive a Fwd. PER of 10.2x for Perak Transit based on its FY17E yield of 4.0% and this imply a TP of RM0.24, which reaffirms our valuation. We opt to maintain our DDM approach and TP of RM0.22 to be more conservative. SUBSCRIBE.

PTRANS target price is RM0.22.

Opening of application 15 Sep 2016
Closing of application 23 Sep 2016
Balloting of application 27 Sep 2016
Allotment of IPO shares to successful applicants 04 Oct 2016
Tentative listing date 06 Oct 2016

INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING PUBLIC ISSUE OF 245,000,000 ORDINARY SHARES OF RM0.10 EACH IN PERAK TRANSIT BERHAD ("PERAK TRANSIT SHARES") IN THE FOLLOWING MANNER: (I) 58,000,000 NEW PERAK TRANSIT SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; AND (II) 187,000,000 NEW PERAK TRANSIT SHARES AVAILABLE FOR PRIVATE PLACEMENT TO SELECTED INVESTORS; AT AN ISSUE PRICE OF RM0.15 PER SHARE, PAYABLE IN FULL ON APPLICATION.

Sunday, September 18, 2016

List of Export counters for us to Buy due to Strong US Dollar

Don't play play, now is almost RM4.20.

Below are the list of export oriented stocks. They will make more profit when the USD is up.

#
I'm not saying that now is the time to buy export counters. Sharing of info only. By the way, I don't gain by sharing info, and always receive criticism. People will leave some nasty comments in my blog and facebook. Is like eating nice durian, hope others can enjoy. I made money consistently and I'll be glad if my sharing can help others. If you think my method is wrong or need to be improved, why don't you guide me. I'm also still learning.

#
If you buy USD, USD up 1%, you make 1%. Some of the stocks below if USD up 1%, their profit could up 1.5% or some companies 2%. So, if you want to benefit from USD or hedge against USD, you may consider buying stocks that can gain at least 1% or more from 1% up of USD.

But some companies also will make less than 1% if USD up 1%.

#
It is also better to look for companies with good prospect, high dividend yield, high target price or fair value. In case the USD does not go up, at least the stock also can go up due to higher profit or receive good dividend.

Avoid stocks with no prospect. They may gain from USD, but profit may down due to much lower sales.

#
The list below are 12 months ago, but most are still valid. Do your own research. Their share prices are the latest and target prices are quite recent. The target price I roughly average it if got few brokers. If I didn't indicate any target price means unable to find.

#
Some are not export stocks, but are benefited from strong USD or weakening of Ringgit (example strong Yen or Euro). They may have operations in overseas.

#
I also list those have negative impact from weakening of Ringgit.

#
Once again, sharing of information only, I may have typo or the info may be outdated. Check with your finacial planner.

#
The target price or fair value are BEFORE the streghtening of USD to near RM4.20 now (RM4.15??). If USD up, the Target Price later will also be up.

#
I also list down those are negatively impacted by weakening of Ringgit. Don't mix up. DO NOT MIX UP.

POSITIVE from weakening of Ringgit:

Eversendai share price RM0.47, target price RM0.65

Rubber product manufacturers, semiconductor firms and furniture producers, because their costs are mainly in Ringgit while sales are mainly in USD.

RUBBER
Top Glove RM4.69, TP RM5.50

Supermax RM2.15, TP RM2.60

Hartalega RM4.40, TP RM4.30

Kossan RM6.25, TP RM7.50

Karex RM2.40, TP RM2.31

Furniture and Wood Related.
Homeritz share price RM0.885, Target Price RM1.09

Evergreen share price RM0.92, Target price RM1.48

Heavea RM1.25

JTIASA RM1.22

TAANN RM3.51, TP RM5.00

Latitud RM4.64, TP RM5.15

SHH RM1.77

LIIHEN RM2.93

Semiconductor or IT RELATED
Vitrox RM3.83, TP RM3.70
Last year Maybank said 1% USD up, Vitrox bottomline up 2%.

INARI, RM3.31, TP RM3.30

UNISEM RM2.70, TP RM2.85

UCHI TECH RM1.65

MPI RM7.93, TP RM8.48

EG RM0.84, TP RM1.02

Gaming.
Because some of the operations are in overseas.
GenM RM4.37, TP RM4.50

GenM family Genting RM7.76, TP RM9.15

Packaging
Daibochi  RM2.25, TP RM2.14
Tomypak RM1.66, TP RM2.00
Thong Guan TGUAN  RM4.28, TP RM4.88

OTHERS
MISC RM7.53, RM8.10

WCT RM1.65, TP RM1.85

OLDTOWN RM1.95, TP RM2.00

TIMECOM, RM8.42, TP RM7.28

Hovid RM0.375

IQGroup RM2.24, TP RM2.75

Kawan RM3.79

Asiafile RM3.68 ASIAFLE

CSCENIC RM1.69
You see this CSCENIC, there was one quarter it said although USD is strong, their profit was not good because undercut by Europe competitors. I think Euro also dropped against the USD, not sure. So you must determine whether is USD strong, or Ringgit weak.

VS??? Share price RM1.33, target price RM1.75

PRELEXUS. PRLEXUS because manufacture for NIKE.

Comcorp??

KESM??

Cimb and Unimech??? Benefit from weak Ringgit due to their Indonesia operations?

OCK probably may not benefit from strong USD but may benefit from weak Ringgit because of their South East Asia opeartions. I may be wrong but this is with my limited info.

Not sure about the below list...????
Ahb
Dps
Eksons
Eurosp
Facbind
Ffhb
Jaycorp
Lcheong
Pohuat
Sernkou
Sign
Syf
Tafi
Swscap

XXXXXXXX=======XXXXXXXXX

NEGATIVE from weakening of Ringgit. Do NOT mix up, below are negative. Bad from strong USD or weak Ringgit.

Company that import raw materials in USD but sell in Ringgit and those who have USD debt.

Automotive Sector
UMW
Tan Chong
Last year Kenanga said 1% fluatuation in USD, UMW's bottomline could be affected by 3%. Tan Chong is 6%.

Berjaya Auto RM2.30, TP RM2.55

DRBHCOM RM1.34, TP RM1.31

MBMR RM2.52, TP RM2.68

Aviation/Airlines
Because many borrowings are in USD. Fuel cost also. Unless they have hedged it.

AirAsia
You guys know AirAsia much better than me.

Telco?
Many telcos have borrowings in USD.

Axiata RM5.32, TP RM5.20

TM

MAXIS

ASTRO.
Because most content costs are in USD but sales are in Ringgit.

Others
Nestle
TCM
TENAGA
SUNWAY- USD debt
IJM- USD debt
F&N
GAB GUINNESS HEIM      HEINEKEN MALAYSIA BERHAD

Please LIKE my FACEBOOK to support and get update.

Thanks.

Sunday, September 11, 2016

IQgroup stock research analysis

CAN GLOBAL LED MARKET GROWTH LIGHT UP IQ GROUP HOLDINGS’ PROSPECTS?

By Tan Jiahui | Shares Investment – Wed, Sep 7, 2016 

Remember the first time you walked into a room that automatically lights up? While rare in the past, many buildings are now equipped with smart lighting systems, which uses sensors to detect and control lighting to achieve energy efficiency.

Today, sensors are also commonly used in numerous applications including car park space monitoring, central heating and air-conditioning systems (using thermostats) and speed cameras. As the world move towards the vision of the Internet of Things (IoT), sensors which can collect and transmit data back to cloud servers play an important role.
With potential seen in the market for sensor-based products, we zoom in on IQ Group Holdings (IQ Group), a motion sensor lighting producer listed in Malaysia.

Business – Most Revenue from Europe, Japan, and the US
IQ Group, founded in Penang, Malaysia in 1989, is principally engaged in the design and manufacturing of sensor products which includes passive infrared detectors, motion sensor light controllers, wireless video communication devices, door bells and home security system products.

Subsequently, the group formed a joint venture with Taiwan-based SemiLEDs Optoelectronics Co to diversify into the development, design and manufacture of light-emitting diode (LED) luminaires, hoping to ride on the growing LED market.

The company operates under both the original equipment manufacturer (OEM) and original design manufacturer (ODM) business models, with manufacturing facilities located in Penang and Dongguan, China. The group derives most of its revenue from customers in Europe, Japan and the US, and main customers of the firm are said to include big names like OSRAM, OPTEX Co and Hager.

The core technologies of the firm focus on passive infrared (PIR) sensors which operate by monitoring the background ‘temperature’), and wire-free door chimes and video intercom systems.

Turnaround Story – Recovered from GFC; Revenue and Net Profit Growing
Looking at IQ Group’s past operating performance, things were not all smooth for the firm. The company fell into losses for three consecutive financial years from FY09 to FY11 before making a turnaround in FY12.

The group’s performance in those periods was dragged down by poor economic conditions during the global financial crisis, coupled with a rise in manufacturing costs, particularly in China. IQ Group then underwent a successful restructuring exercise (completed in FY11) and streamlined its processes to improve efficiency and reduce costs, which helped return it to profitability.

In the past five financial years from FY12 to FY16, the firm’s top and bottom lines have been on a general uptrend. Revenue and net profit grew at compounded annual growth rate of 6.3 percent and 35 percent over the period to reach RM190.9 million and RM20.9 million respectively.
While there was a dip in earnings in FY13, we note that it was due to foreign exchange loss of RM1.6 million and the absence of disposal gains amounting to RM4.2 million recorded in FY12. Net margin has also been improving and held steady at 10.8 percent and 10.9 percent for FY15 and FY16 respectively.

Strong Balance Sheet And Cash Flows – 30% of Market Cap
In terms of financial strength, IQ Group boasts a cash-rich balance sheet that is free of debts. As of 30 June 2016, the firm’s net cash stood at approximately RM56.8 million (including short-term deposits), which translates to roughly 30.8 percent of its market capitalisation of RM184.4 million as of 5 September.
On the cash flows front, the group has posted positive operating cash flows in all of the past years except for FY11. We like that the company’s free cash flows have also been positive in the latest four financial years from FY13 to FY16. The strong cash generating capabilities have, in turn, allowed IQ Group to build up its cash reserves.

As business recovered and cash pile grew, the firm rewarded shareholders with the resumption of dividend payout in FY15. Based on the share price of RM2.09 as at 5 September’s close, IQ Group’s FY16 dividend per share of RM0.10 translated to a decent yield of 4.8 percent.

Management: In-house Brand LED Lighting Expected To Drive Growth
In the past few years, IQ Group has developed its own intelligent lighting solutions, which was launched in early 2015 under the Lumiqs brand. Lumiqs LED products are equipped with wireless transceivers and can be programmed to grow dimmer or brighter according to movement of people in an area, allowing up to 90 percent energy saving.

Currently, the Lumiqs range of products are mainly targeted at the industrial and commercial markets but the firm is developing and designing a new sensor lighting offering (projected to be released by 2018) to be used in small commercial premises and residential households. According to the firm, orders for the Lumiqs lighting solutions have already started coming in from South-East Asian countries, Japan, Australia, and Switzerland.

The group expects its in-house brand name LED products to be its driver of growth in the next five years. Riding on a forecast that the global LED market will hit US$42.7 billion by 2020, the company targets for the Lumiqs brand to generate 10 percent of its total revenue by 2018, and 30 percent by 2020.

Conclusion
Based on a share price of RM2.09, the company’s shares are trading at a trailing twelve months price to earnings ratio (P/E) of 8.7 times, which seems reasonable given the company’s performance and growth prospect. In contrast, Taiwan-listed peer Everspring Industry Co (Everspring) trades at a P/E of 25.3 times. While Everspring’s market capitalisation is about three times that of IQ Group, we note that the former’s latest full year net profit is only about 10 percent higher.
Overall, we foresee the demand for the IQ group’s products to rise as people become more conscious about the environment and saving energy. Additionally, with the increasing popularity of the IoT, the company is in a good position to capitalise on the trend using its innovation and expertise.

Saturday, September 10, 2016

Prolexus, IQgroup, Unimech, NIKE, Steel Stocks, Fibon, KBES, L&G, Berjaya Auto

This week activities:

Added IQgroup stock at RM2.1x. I think people panic after knowing I bought and immediately the same day IQgroup dropped to RM2.11. If I have stomach ache I may bought few cents cheaper. Now up 7.1% to RM2.26. Please refer to my previous post for the reasons why I bought.

Bought Unimech at RM1.1x and sold at RM1.20 for some contra gain because saw many people said they are buying for Indonesia business recovery. If I have stomach ache, I would have miss this. So don't blame stomach ache, you may buy cheaper or more expensive, no one know.

Didn't manage to get L&G, because my que was not done at RM0.4x. Didn't manage to change one bid higher. If not, would have contra for close to 10% gain. I seldom que and not getting, don't know why this round went to que.

At last, sold my KBES at RM0.28x and RM0.26x. Loss here. It was meant to be short term. It did went up more than RM0.30 for me to sell at 10% gain within the same day I bought, but my timing decision was wrong.

Did not manage to buy Fibon shares as planned because was buying IQ Group stock. Read from forum, will Zika have negative impact on their Singapore projects?

Prlexus stock research analysis.
Three segments: garments, which include the manufacturing and sale of garments; advertising, which include the provision of advertising services on multimedia boards, and investment holding. Also manufacture for NIKE.

Based on the past few years results, Prolexus' profits have up a lot. Are we too late now? Yes, but we may be too early also.

Too late because we missed the uptrend in profit. Too early because they have some projects to be completed in 2017 onwards.

I have no info on the growth from existing business, but what we have is the news, which I hope can be turned into mini catalysts.

Simple Analysis:
Prlexus share price: RM1.41

Past four quarters profits: RM25.38mil
Number of shares: 176.8mil
Warrants: 56.8mil

EPS before full warrants dilution: RM0.143, PE ratio 9.9 times

EPS after full warrants dilution: RM0.109, PE ratio 12.9 times

Warrants expiry is after 4.5 years, we can ignore but to be prudent we can simply adjust PE ratio to 11 times.

Catalysts:
Prolexus to set up two joint-venture plants with Taiwanese firm, The Star Feb 2016.

Prolexus to set up Vietnam ops to gain from TPPA (plant in Vietnam and Fabri Mill in Johor). The Star.

RM22mil is allocated for the Vietnam factory (land acquisition cost, however, will be paid with internal funds).  The management anticipates the construction of the new factory to commence in 2016 and is projected to be completed and fully commissioned by 2017, with an initial production capacity of about 4.5 million pieces annually.

The Star Dec 2015.
New fabric mill in Kluang, Johor. On the RM55mil fabric mill to diversify into upstream garment production, Prolexus said this would allow internal procurement of knitted fabrics produced in-house instead of purchasing from external suppliers.

For those who are interested in the price, Prolexus share price up from RM1.19 in the beginning of 2015.
Up 131% to RM2.75 as at Nov 2015.
Down 26% to RM2.04 on the day before it ex for Rights issue in May 2016.

Those who gone through the Rights issue......

1 rights with warrants for every 2
RM2.04 X 2 = 4.08
Add Rights issue price RM1.00 = RM5.08 total cost.

What they have now.
RM1.41 X 3 = RM4.23
Add 1 warrant RM0.47
RM4.70

Selling persisted even after the ex date. 

Now the price hovering around this level.

Don't know whether this will be a good buy in 2017, because many information is missing. The factory in Vietnam is it the same with MC joint-venture? When will the mill in Kluang be completed? Supposed to sign Joint-venture with MC within 6 months from February 2016, what happen now?

Not sure th Euro 2016 did any boom to Prolexus or not.

Steel.
Past few weeks the steel stocks are attracting buying interest. Many people came to my blog to check the list of steel stocks published few years ago.

Next week activities? Don't know yet, maybe adding Fibon stock.

LBS suspended for 3 days. Hope good news for Newbie.

His Berjaya Auto announced result below expectation. I don't think he follow the developments of his stocks.

Please LIKE my FACEBOOK to support and follow.

Thanks.

Wednesday, September 7, 2016

IQ GROUP stock- Grows Brighter When You Walk Nearer

Today added at RM2.1x, and it closed RM2.11, lower than my cost.

IQgroup

Standard Analysis:

PE Ratio:  8.8x (Past 4 Quarters)

Dividend yield: 4.7%

Net cash RM0.54 per share. 27% of share price.

Growth?

IQ-group is an established global leader in the design & manufacture of lighting, security and convenience products, working with some of the world’s major retail and professional brands.

Over their 25+ year history they have built up an enviable reputation for design, innovation, quality and value within our core technologies, encompassing motion sensors, LED lighting and wirefree door entry products.

Employing approximately 1300 people globally, they boast manufacturing operations in Malaysia and China, plus offices in Taiwan, Japan and the United Kingdom.

News:

In March 2014, they said :

“During the last 18 months we have spent money to develop intelligent lighting solutions to be marketed under the Lumiqs brand name.”
= They have spent the money.

 

“The Lumiqs LED products enable users to save over 90% of energy, as the solutions, equipped with wireless transceivers, can be programmed to grow dimmer or brighter according to the number of people in an area.”
= Good product that can save 90% of energy?

“They will be released into the market in the second half of 2014 for the global market”
= I think there is a delay. News in September 2016 said starting 2015.

“Expected to play an important role in revenue contribution for the 2016 fiscal year, which starts from April 1 2015.”
= Did we see improvement in Financial Result for year ended March 2016? No. Result was flat. But don’t know how much is from Lumiqs and how much is from forex.

 

In Sep 2016, they said:

“IQ Group Holdings Bhd is working for its Lumiqs brand to generate 30% of the group’s revenue by 2020. By 2018, it is targeted that the Lumiqs brand should contribute about 10% to the group’s revenue.”
= Good prospect from new product.

 

“We have established distribution channels for Lumiqs in South-East Asia. Now we are working on creating additional sales channels in Europe and other continents,” he said.”
= New markets

“Both Lumiqs and the new product will help drive the group’s growth over the next five years”
= Good prospect for 5 years

I have missed out on The Star newspaper, if not I would have bought her at slightly lower price, the money saved can add few dishes to my Nasi Campur (mixed rice) for many days.

 
My view is that this IQ Group have growth. How much, I don’t know. Although past few years, their financial is not so consistent, but the PE ratio is not expensive and with dividend yield of 4.7%, it provides some support. With net cash of RM0.54, it can be used to support dividend payment or for new products/markets development without calling cash injection.

 
IQGroup fair value and target price? I will just play by ear, assess the new developments.

For those who are concerned about price, she was RM0.35 in September 2013. RM1.00 in July 2014. RM3.00 in May 2015.

So, price is too high now? Or dropped a lot already and can buy?
I look at valuation.

Please support by LIKE my Facebook.

 

Thanks.

 

The Star NEWS ARTICLES BELOW:

Thursday, 1 September 2016.

Lumiqs brand to generate 30% of IQ revenue by 2020

GEORGE TOWN: IQ Group Holdings Bhd is working for its Lumiqs brand to generate 30% of the group’s revenue by 2020.

Group chief executive officer Daniel Beasley (pic) told StarBiz after an AGM that the goal was achievable because the Lumiqs brand had started to receive orders from South-East Asian countries, Japan, Australia, and Switzerland.

“We expect orders to grow rapidly from the South-East Asian region, Japan, and Switzerland.

“By 2018, it is targeted that the Lumiqs brand should contribute about 10% to the group’s revenue,” he added.

Launched in early 2015, Lumiqs lighting solutions enable industrial users to save up to 90% of energy, as the solutions, equipped with wireless transceivers, can be programmed to grow dimmer or brighter according to the movement of people in an area.

“We have established distribution channels for Lumiqs in South-East Asia.

“Now we are working on creating additional sales channels in Europe and other continents,” he said.

IQ is now developing and designing a new sensor lighting offering for release under a new business model by 2018.

“This product is for use in small commercial premises and residential households.

“Both Lumiqs and the new product will help drive the group’s growth over the next five years,” he said.

Beasley said the group spent about 50% of the material cost to import raw materials for its lighting solutions.

“The cost of importation is offset by our sales which are largely in US, allowing use to gain in the foreign exchange,” he added.

For the 2017 financial year first quarter ended June 30 2016, the group posted RM6.6mil in net profit on the back of RM53.9mil in turnover, compared to RM6.4mil and RM50mil achieved in the previous year corresponding period.

According to a LEDinside report, the LED industrial lighting market is expected to grow from US$2.93bil to US5.2bil in 2020, representing a compounded annual growth rate of 15% during the five-year period.

=============

The Start Saturday, 22 March 2014 

Riding on a forecast that the global light-emiting diode market (LED) will hit US$42bil in 2019, IQ Group Holdings Bhd plans to ride on its in-house brand name of LED lighting products to drive the group’s growth from April next year.

The LED products to be released come under the category of smart lighting, which according to TechNavio, a London-based research and advisory company, is expected to grow at a compounded annual growth rate (CAGR ) of 36.4% over the period 2013-2018.

Group CEO Daniel Beasley tells StarBizWeek that previously the group had concentrated on manufacturing original equipment manufacturing (OEM) lighting solutions.

“Our in-house brand ‘IQ Group’ contributed between 1% to 2% of the sensor and LED segment, which generates on an average about 75% of the group’s revenue.

“During the last 18 months we have spent money to develop intelligent lighting solutions to be marketed under the Lumiqs brand name.

“They will be released into the market in the second half of 2014 for the global market, and is expected to play an important role in revenue contribution for the 2016 fiscal year, which starts fromApril 1 2015,” he says.

The Lumiqs LED products enable users to save over 90% of energy, as the solutions, equipped with wireless transceivers, can be programmed to grow dimmer or brighter according to the number of people in an area.

“We are targeting mainly the industrial and commercial markets.

“We will also release a version suited for use in residential homes,” he says.

Beasley says he expects Japan to be a major market for IQ’s energy saving intelligent lighting solutions.

“Japan has reduced their usage of nuclear energy, and are starting to import coal and oil to generate electricity.

“This means that there are a lot of business opportunities for energy saving lighting solutions to grow,” he says.

IQ is also talking with strategic business partners to market the Lumiqs products in Europe and Asia.

“We want to work with partners supplying to wholesale channels and the right business networks across the globe,” he says.

IQ expects the sales for the current year in operations to grow by double digit percentage compared to the fiscal year 2013, which ends in two weeks time on March 31.

“We are confident as we have delivered over RM30mil worth of new LED lighting solutions to our customers worldwide,” he says.

A US-based research house forecasts that the LED market will grow close to 50% until 2019.

 

Sunday, September 4, 2016

Chin Well, L&G, Symphony, Supermax, JHM, Tek Seng, AWC, KBES, Fibon, AirAsia, TGUAN, SCGM, LBS, CIMB, GDEX

Yahooooo, is boring time again. After reading and looking at the stocks, the price will not move up daily.

No worries man!!!! One day without you reaalise, some have up 100% !!!!

The journey is boring, right? But the destination will make you siok siok.

Come come. Let us bore together. Is boring time.

L&G.
Does it stand for ladies and gentlemen? Or land and general? In Focus magazines, it talks about the cash in hands are more than the market capitalisation of L&G stock. I que but I don't think it was done. Didn't check yet. But the problem is, will they give special dividend? If they use the cash to buy land it is just another property counter. I buy because hopefully there will be many buying interest coming, for short term, not really for long term. Didn't manage to buy also never mind.

Symphony stock.
In the Focus magazine, it mentions the company having a lot of unbilled sales, and profits are going be great soon. I will skip, but just in case many are interested.

Supermax stock.
Went in at RM2.1x. This is my second entry, first was RM3+. Many analysts recommended buy and the share price has dropped a lot. I'm also trying to ride on the Zika issue where more gloves will be used for blood testing.

Because Zika can have negative impact on prenancy, more may use condom. If gloves can be used as condom, then the potential will be great. Imagine one glove having 5 different sizes (5 fingers in one glove).

JHM stock.
They supposed to get thier aerospace supplier license in July but no announcement yet. It could be some delay. Once announced, hope it will provide some push.

Teck Seng stock.
There are many debate on this stock in the forum. Solartech Taiwan revenue dropped monthly. Some said have no impact on Teck Seng because Teck Seng is in Malaysia and not Taiwan, and tax and don't know what. Some said their expansion plan is delayed. Some said no worries.

AWC stock.
I have studied the company and some other articles, don't know what they are saying. Poor me, lazy person. I only know one line from the company, they said "The overall prospects for the entire group remain strong". I guess it will be strong. Recently there is news on contract delayed, so the price down a bit but has rebounded. I will not add because don't really understand thier model. They have many contracts that last 10 to 20 years. Good recurring income.

KBES
As appeared in the Edge last week that KBES may be appointed China bus distributor. Early this week bought at RM0.28x, immediately it went above RM0.30, but then soften and and closed at RM0.27. Make or lose, will sell this coming week.

Friday news confirmed that KBES Bhd’s wholly-owned Santero Sdn Bhd has been appointed as the sole distributor for Shanghai-listed Beiqi Foton Motor Co Ltd’s (Foton) products in Malaysia for 40 months.

Sole distributor of Foton’s diesel- and natural gas-powered buses and coaches, including spare parts for the purpose of direct sales to the end-users or sales to the authorized wholesalers and/or retailers in Malaysia.

Foton, which is part of the Beijing Automotive Industry Holding Co Ltd group, is an automotive player and largest commercial vehicle manufacturer in China, with more than US$4.77 billion in assets and 40,000 employees.

Fibon stock.
My next purchase will be adding Fibon shares. Not that it is the best, but it has lowest value in my portfolio of potential growth stock. Recently down, still above my cost. Before I could buy it rebounded nicely. Now is RM0.605.

AirAsia shares.
Not sure this Zika issue will have big negative impact on Airasia stock or not.

Thong Guan share.
In the news that they may tight up with Japanese for further growth.

SCGM stock.
Just announced recent, normal.

LBS stock.
Newbie's LBS share price recently went up 10%. Don't know what is happening.

Chinwel stock.
Prominent Uncle is promoting this stock. Some said when uncle promote, time to sell. But some even use vulgar words to defend uncle, saying he and his friends have benefited from uncle's recommendations.

CIMB stock.
Few weeks ago bought CIMB stock. Forgot the price but I think is having small gain now. Small quantity, not worth of mentioning in details. I don't like big company because they lack strong growth. But CIMB has dropped a lot, and value has emerged. So just try out.

GDEX stock.
I always wanted to buy this for many years, but the PE ratio is super high. Will be growing for the next few years.

That's all for the boring stuff.

Please support by LIKE on my facebook main page.

Thanks

Saturday, September 3, 2016

How I Kill My Friends in Stock Market and Commit Suicide

I have an article in 2011 on how I kill my friends in stock market. 

Here.

http://politemarket.blogspot.my/2011/04/how-i-kill-my-friends-in-bursa-malaysia.html


Now I'll explain how I commit suicide after killing my friend.

I did not recommend people to buy stocks. But some interested to know what are the good stocks that I know of, and also what stocks do I buy.

I actually have stopped telling friends about stocks for the past many years. Friends know I'm making money from stock market due to change in lifestyle. So some started to ask me.

There are many incidents, but I just share one.

Early this year, my friend asked me and I shared about TG stock to my friend, within few days it went up and non stop going up. I called him, but he didn't buy. Only myself enjoying the profit. I even contra the stock to make extra money as shared in my Facebook the time I was buying.

He missed it. So I shared another, O stock. I said if this O stock break above RM0.8x, buy signal. We shall wait. He asked me, why not BUY NOW. How to monitor and know. What if he miss the boat. So I asked I'll help to monotor.

Stress stress and stress!!! Suddenly I realised what if the shares break the signal line when I was not monitoring? Will he blame me. I always have to check the price. I missed any stock I'm ok but what if he missed when I had promised to help him to monitor.

Then I called him. I told him sorry, I don't think I can keep monitoring. He told me he already bought.

The stock did not manage to break the resistance level and dropped. I have to sell big chuck of this stock. Why? If I don't sell, the stock continue to drop, he will suffer loss and I'll feel bad. If I sell, if the stock down, at least I have sold big chuck. If the stock up, at least he make money (although I make less).

Many times, I sold stocks because my friends bought it. And when the stocks up, I'm not able to enjoy the big gain.

Past few months have been frustrating months as I have to keep worried about their stock prices.

From now on I will do this...

No more sharing to friends.
If they really want to know, sometimes people think I'm selfish, I will share 10 stocks, at least some will up.

Is very fructiting.
1)I'm not able to share my experience to friends so that they can make money just like me.
2)at the same time I have to cut my stocks or change my portfolio because they have bought.

I'm not just killing them, but I kill myself too.

Things sometimes don't work according to plan. Even the company management is not able to control the future. I buy because of the possibility of great increase in the company's profits due to future development.

I was wrong on Supermax because they shut down their plant for maintenance and hit by one off tax penalty.

I was also wrong on A&M and many more. Recently also was wrong on my favourite stock EG although didn't really suffer loss because the price did not drop a lot, just that it did not go up as planned.

What were my damages for each wrong? 10%, 5%, 60%?

I have so many home runs, gain 100%, 200% or more. Boilerm, Huayang, Bonia, Imaspro, Scientx, Freight, just to name a few.

The main reasons why I keep making money are:
1)keep buying good growth stocks and hold on to enjoy the price increse.
2)Dollar Cost Averaging

Key words:
Keep buying.
Good growth.
Hold and enjoy.
Dollar cost average.

Followers

Disclaimer

Disclaimer Clause
The information contained in this blog is my personal diary and has been prepared solely for myself. Without any previous reading material or discussion, by just reading my blog contents, reader may misunderstand the contents.
All the contents I am talking to myself and most contents are hypothetical or imaginary.
This blog has been compiled in good faith, with no intention to cause hurt, loss, or any trouble. No representation is (either express or implied) as to the completeness or accuracy of the information it contains.
This blog also is not an advice, recommendation or an invitation to buy or sell or invest in anything, eg shares, futures, derivatives, gold, etc. Consult your investment adviser before making any decisions.
The copyright of the material contained in my blog remains solely with me. You shall not copy, reproduce and / or distribute this information without my permission.