 | Blog: Quarterly Report Review #4: The Rise of Retailer – KENANGA INVESTMENT BANK BHD (6483) Aug 25, 2020 2:51 PM | Report Abuse yup. should be out this week. |
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| Blog: Quarterly Report Review #4: The Rise of Retailer – KENANGA INVESTMENT BANK BHD (6483) Aug 25, 2020 10:27 AM | Report Abuse same with n2n. expected to be good. |
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| Stock: [N2N]: N2N CONNECT BHD Aug 25, 2020 2:02 AM | Report Abuse https://jawplace.com/quarterly-report-review-4-the-rise-of-retailer-kenanga-investment-bank-berhad/ |
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| Stock: [BPPLAS]: BP PLASTICS HOLDING BHD Aug 20, 2020 12:11 PM | Report Abuse yea |
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| Stock: [SOP]: SARAWAK OIL PALMS BHD Aug 19, 2020 11:51 PM | Report Abuse some view on upcoming plantation industry as a whole
https://jawplace.com/quarterly-report-review-2-innoprise-plantations-berhad-plantation-industry-the-forgotten-child/ |
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| Blog: Found some good read on TimeDotCom. Just Sharing Aug 19, 2020 11:27 PM | Report Abuse nice |
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| Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD Aug 19, 2020 11:26 PM | Report Abuse https://jawplace.com/quarterly-report-review-1-bp-plastic-berhad/
some good guidance on plastic industry done before tguan result is out. |
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| Stock: [SWKPLNT]: SARAWAK PLANTATION BHD Aug 19, 2020 2:43 PM | Report Abuse yea.. sooner or later ba. buy when no one goreng yet |
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| Blog: Quarterly Report Review #3: FOUNDPAC GROUP BHD (5277) – Are there any further upside? Aug 19, 2020 1:23 PM | Report Abuse Abit too high price now. maybe wait for it to drop back. |
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| Stock: [SWKPLNT]: SARAWAK PLANTATION BHD Aug 19, 2020 8:43 AM | Report Abuse https://jawplace.com/quarterly-report-review-2-innoprise-plantations-berhad-plantation-industry-the-forgotten-child/ |
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| Blog: Plantations - The Forgotten Child and Are there any Upside? Aug 18, 2020 1:22 AM | Report Abuse be patient. kmlooong net cash. there is potential. |
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| Blog: Plantations - The Forgotten Child and Are there any Upside? Aug 18, 2020 12:30 AM | Report Abuse personally monitoring kmloong. |
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| Blog: Plantations - The Forgotten Child and Are there any Upside? Aug 17, 2020 11:45 PM | Report Abuse haha |
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| Stock: [INNO]: INNOPRISE PLANTATIONS BHD Aug 17, 2020 10:21 PM | Report Abuse https://jawplace.com/quarterly-report-review-2-innoprise-plantations-berhad-plantation-industry-the-forgotten-child/ |
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| Stock: [SUPERMX]: SUPERMAX CORP BHD Aug 15, 2020 12:09 PM | Report Abuse https://jawplace.com/optimax-almost-perfect-vision/ |
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| Blog: [Humbled Investor] BPPLAS - will the uptrend sustain and break record high of RM2? Aug 14, 2020 1:15 AM | Report Abuse https://jawplace.com/quarterly-report-review-1-bp-plastic-berhad/ |
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| Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD Aug 12, 2020 1:04 PM | Report Abuse https://jawplace.com/quarterly-report-review-1-bp-plastic-berhad/
good read. |
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| Stock: [BPPLAS]: BP PLASTICS HOLDING BHD Aug 11, 2020 11:04 PM | Report Abuse https://jawplace.com/quarterly-report-review-1-bp-plastic-berhad/
good read. |
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| Stock: [N2N]: N2N CONNECT BHD Aug 10, 2020 12:04 AM | Report Abuse nice. more ppl trade = n2n benefit. |
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| Stock: [DUFU]: DUFU TECHNOLOGY CORP BHD Aug 9, 2020 6:58 PM | Report Abuse https://jawplace.com/the-growth-of-data-usage/ |
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| Stock: [DUFU]: DUFU TECHNOLOGY CORP BHD Aug 9, 2020 6:57 PM | Report Abuse don't think ssd will replace hdd. look at the cost and u will know ssd can never replace hdd. |
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| Stock: [KRONO]: KRONOLOGI ASIA BHD Aug 9, 2020 6:56 PM | Report Abuse yea. buy stable company better ba. read this somewhere. quite good write up.
https://jawplace.com/the-growth-of-data-usage/ |
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| Stock: [TM]: TELEKOM MALAYSIA BHD Aug 9, 2020 2:36 AM | Report Abuse https://jawplace.com/the-growth-of-data-usage/
time will be a better bet |
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| Stock: [TIMECOM]: TIME DOTCOM BHD Aug 9, 2020 12:37 AM | Report Abuse good write up
https://jawplace.com/the-growth-of-data-usage/ |
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| Stock: [INARI]: INARI AMERTRON BHD Jul 29, 2020 1:15 AM | Report Abuse gtronic result so bad. inari will be the same. good luck. tech correction coming |
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| Stock: [N2N]: N2N CONNECT BHD Jul 28, 2020 10:50 AM | Report Abuse N2n connect
Simple explanation
1. Business - recession proof and during good times they make money too.
How their business works.
a) they are an online trading platform for capital markets. hongkong and Malaysia is the largest markets for n2n (70% and 40% respectively). The company make money when volume of trading increases. They earn a cut from the volume itself. In short, nowadays, regardless of placing an order through online or a broker, it will go through this platform. There are only two trading platform in Malaysia. One is eforce and another is n2n.
Business prospect. (I guess this is always a why should I buy)
- expansion in 2018. They acquire AFE solutions from Thomson Reuters. The strategy if acquiring this business is to expand their trading online platform in hongkong. Which they see it has successfully achieved 300% improvement in it's core profits.
- secondly, new investors invested in n2n. Which includes one of the most reputable and largest platform in Japan (sbi holdings). It bought n2n at 1.40 per share from the Andrew tiang (managing director).
Next question. (What's next)
- the company is stepping effort to complete it's Asia Trading Hub (ATB) to promote and enhance seamless cross border trading.
- in addition they want to tap on sbi ( new investors ) capability to venture in Blockchain technology. Take note they are not investing but more towards providing a platform and earning base on the transactions volume.
Now.. at minimum I guess we need to look at some simple financial instead of focusing on dcf, etc. Which honestly, it's not really important.
1) revenue - 2014 (34mil) and 2019 (105mil). There is not a single drop in revenue from 2014 to 2019. Tbh. I personally like revenue instead of looking at profit.
2) profit margin - approximately 10% average. Well maybe consider average.
3) cash - Net cash position. Alot of investors use cash - borrowings to consider net cash. To me, I am Abit more conservative. I take cash minus all liabilities (I mean in the end liabilities are liabilities. You will still need to pay them of regardless of accounts payable,etc.) They have around 120 million cash (including liquid securities) and total liability of 47 million. Which give them 73 million net cash.
4) pe ratio - not that convincing for many investors. Even to me. But ultimately, peg is more important.. what's their forward pe. Giving most conservative of earning 50 earning per share for one year and a forward pe of 15 would give us 75 cents ( 36% margin of safety). But when economy recovers again, their earning and pe should be given a higher valuation. Look at Penta, eforce, even at this unprecedented scenario, they are trading at 20/30 times.
5) % of cash and securities over asset is around 40%. Believe it or not, it's the largest asset component by proportion. In bursa, it would be hard or even tough to find such company. They are basically asset light and cash rich asset model. Basically one of my main criteria in investing.
The downside of course will be sbi investors pulling out their initial investment, and lower trading volumes due to uncertainties.
$KLSE-N2N |
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| Stock: [NOTION]: NOTION VTEC BHD Jul 23, 2020 3:02 PM | Report Abuse notion doing mask also. news out that permanent mask on August onwards. |
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| Stock: [NOVA]: NOVA WELLNESS GROUP BHD Jul 23, 2020 12:53 PM | Report Abuse correction coming. sell now d. |
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| Stock: [MTAG]: MTAG GROUP BERHAD Jul 21, 2020 2:38 PM | Report Abuse MTAG
At 53 Sen, it is a good entry point to invest in Mtag with an upside potential exceeding 60 Sen. At PE 12 to 15, its valuation with projected 5 Sen EPS would be from 60 Sen to 75 Sen. It is a growing CO per it’s business and expansion plan spelt out in the prospectus during its IPO in Sept 2019.
MTAG at 53 Sen is currently trading at PE 10.5 based on 4 Qtrs rolling EPS of 5.05 Sen. The Co had paid 2 interim dividends totaling 3 Sen, thus trading at an attractive dividend yield of 5.66%
Financial
The Net Asset per share is 28 Sen with cash of RM 105.7 mil or 15.5 Sen per share. The Co has good cash flow with net cash generated from operation is RM24.7 mil per Q3 report.
Results for financial year-to-date 9 Mths 31 March 2020
The Co is operating with a high gross profit margin of 32.1% and PBT margin of 24.7%.
For the financial year-to-date, the Group recorded revenue of RM136.47 million with gross profit of RM43.834 mil and PBT of RM33.726 mil. The Group’s revenue was principally derived from the converting business segment, accounting for approximately 84.57% of the total revenue for the financial period-to-date. The Malaysian market remain the largest market contributing to the Group’s revenue accounting to approximately 96.19% of the total revenue for the current financial period-to-date. During the current financial period under review, the Group has recognised a one-off listing expenses amounting to RM1.87 million and incurred forfeited deposit of RM245.6K which are not recurring.
The Co reported a net profit of RM25.166 mil with EPS of 3.69 Sen. Adjusting for the non-recurring expenses above the core net profit would be RM27.281 with EPS of 4.0 Sen. Despite the MCQ in Q3 quarter affecting business operation, the Co reported a net profit of RM8.128 mil with EPS of 1.19 Sen. |
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| Blog: HLT RUBBER GLOVE, COVID-19 TEST KIT, GLOVE DIPPING LINE MAKER (3-in-1) COMPANY - By TriumphInBursa Jul 14, 2020 11:59 PM | Report Abuse useless |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jul 14, 2020 1:28 PM | Report Abuse whoever that follow my careplus call last week. congrats.. now break new high and will go higher once new high is broken. |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jul 13, 2020 12:48 AM | Report Abuse yea.. if careplus show 10-15 million share, their share price should follow comfort d.. doesn't make sense to be 30-40 million.. they are 2 times below comfort share price. |
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| Stock: [N2N]: N2N CONNECT BHD Jul 13, 2020 12:22 AM | Report Abuse if go main board, funds will buy in. look at bursa. more ppl trade they benefit more. |
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| Stock: [MTAG]: MTAG GROUP BERHAD Jul 13, 2020 12:20 AM | Report Abuse low pe compare to their peers. only pe of 10.. judge carefully.. |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jul 12, 2020 5:30 PM | Report Abuse kk. when company announce intention to deal during closing period meaning 30 days from announcing their result. layman term, if a company say they got intention to deal during close period meaning they want to buy or sell within 30 days before result out. why? because otherwise if they don't announce and declare, they can just simply buy after result is out which causes insider trading. |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jul 12, 2020 1:35 AM | Report Abuse Careplus
I am surprised by the above announcement which is a requirement for CO to make for directors intention to deal in shares of the Co within 30 days or a month of the qtrly announcement. From the announcement, Careplus will be announcing Q2 result by 31 July. Co has never in it corporate history did a qtrly announcement within a mth after closing.
If announcement is out so early, it must be good news, otherwise Co can hold back and let the market BLINDLY invest in the chares and announce Q2 result at end of Aug. I am betting on the good news to come out looking at Ruberex performance yesterday.
Reiterate buy below 150.
My TP is from 157 to 195 based on PE 15 with ASP increase from 25% to 30% from base pricing of Q1 March qtr. |
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| Blog: PM me to join GLOVE Private Discussion Room Jul 11, 2020 4:46 PM | Report Abuse pm |
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| Stock: [ASIAPLY]: ASIA POLY HOLDINGS BHD Jun 28, 2020 4:49 PM | Report Abuse hahahaha... going back to 6 cents soon man. lose making company. wake up guys. |
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| Blog: Rubber Gloves - Fundamentally Strong But Priced In Jun 28, 2020 4:46 PM | Report Abuse windfall tax? use logic thinking. under this covid, the government want to take money from healthcare which helping the covid situation? sometimes , we just don't understand and simply speculate. if government were to do that, we can say, they are punishing the customer which is in difficult situation. |
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| Stock: [INARI]: INARI AMERTRON BHD Jun 26, 2020 12:45 AM | Report Abuse technology is at all time high.. if got profit better take d.. especially short sell lifted, tech alot will drop.. it's not supported with fundamental now. |
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| Blog: CAREPLUS INVESTOR BRIEFING : BUY RATING Jun 10, 2020 12:53 AM | Report Abuse u still 1 years old meh. go talk nonsense. ppl discussing make sense stuff. my god. how old are u man. |
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| Blog: CAREPLUS INVESTOR BRIEFING : BUY RATING Jun 10, 2020 12:37 AM | Report Abuse tha ks for sharing. heard the same news for those attended the investor briefing. |
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| Blog: Pas lodges MACC report against Guan Eng, Tommy Thomas Jun 9, 2020 7:50 PM | Report Abuse najib bebas. bagus. hidup pas. Malaysia me belakang lagi |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jun 9, 2020 7:49 PM | Report Abuse bigwet what u know ? they have write off inventory of 4million. go learn how to read a quarterly report and not spread fake report man. I don't hold any.. but u spread false rumours. without knowing how to read a report. |
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| Stock: [N2N]: N2N CONNECT BHD Jun 8, 2020 8:18 PM | Report Abuse more people trading will increase their revenue. expect q2 to be very good |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jun 6, 2020 11:06 PM | Report Abuse ppl only see it as overvalue. u think top glove and supermax not overvalue? adventa? harta profit didn't go up much also boom. crazy. lool at q2 and ENT ba. they are having investor brief on Tuesday for the first time. u think they want to have investor briefing for ntg? |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jun 6, 2020 6:17 PM | Report Abuse yea.. loook at adventa.. lower revenue and profit also higher share price than careplus.. crazy. expect it to consolidate or go up. the next quarter will be the important factor |
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| Stock: [CAREPLS]: CAREPLUS GROUP BHD Jun 6, 2020 1:55 AM | Report Abuse lol.. who cares about valuation anymore. supermx also reach 90/100. right now ppl just goreng.. hahah.. if got second wave, all glove will bo again. |
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| Stock: [N2N]: N2N CONNECT BHD Jun 3, 2020 11:12 PM | Report Abuse most likely to get digital banking licenses. our foreign own share too high. need to let go some. |
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| Stock: [BPPLAS]: BP PLASTICS HOLDING BHD Jun 1, 2020 11:01 PM | Report Abuse well done paper plane. hold this stock for quite some time. |
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