This is one of my major hold stock, I believed it can go futher to 3.00, but it won't stop there.
Success in Stock Market through Value Investment
Tuesday 31 January 2017
Thursday 26 January 2017
A&M and HIL: Ready to massive aim the bull shooting?
I got the feeling the massive bull shooting is coming soon.
Globetronics Technology
Globetronics Technology (GTB MK, BUY, TP: MYR4.79)
Light At The End of The Tunnel
Company Update
We upgrade Globetronics Technology (Globetronics) to BUY (from Neutral), as securing the qualification for light sensors within the next 1-2 months would likely pave the way for a significant volume ramp-up by mid-2017. This, coupled with the potential ramp-up of its existing gesture sensors, would likely propel earnings to a new high in 2018. Our TP rises to MYR4.79 (from MYR3.67, 21% upside) following our earnings revision and as we roll forward our valuation to 2018, based on an unchanged 15x target P/E.
GADANG
Gadang Holdings
(GADG MK, BUY, TP: 1.40)
On The Right Track
Results Review
Gadang Holdings (Gadang) remains a BUY after it recorded a sharp earnings recovery in 2QFY17 (May). This is further supported by its strong near-term earnings visibility, as well as its potential to win more projects in the near future. The stock is currently trading at less than 7x forward P/E vs its peers’ low teens P/E. Hence, this is another strong reason to accumulate the stock. Our SOP-based TP is unchanged, at MYR1.40 (35% upside).
Wednesday 25 January 2017
Stock pick
MFCB (3069)
Pointed on 13 Jan (SMF event) at RM2.40
NOW trading at RM2.70
*Profit ⬆ 12%* in 8 trading days
Target price RM3.00
- Low PE 8x & DY 3%
- Benefit from weaker Ringgit
- Prospect big jump in profit once completion of dam project in Don Sahong, Vietnam
Saturday 21 January 2017
HIL: what you see the long term move if you can see wider?
With recent freehold land acquisition and the full force in getting income from property business pipeline, I will see a new chapter going to happen in this year 2017. Also, I believed HIL will move in and stay above un-chart area which is above 1.00 (previously just touching and come back below 1.00).
Thursday 19 January 2017
Successful investor
The quality that differentiate a successful investor from an unsuccessful one who have capacity to manage disappointment and loss incurred.
Wednesday 18 January 2017
A mistake
What you think when u make a wrong decision and loss in the market?
When I make a mistake, it's not because I`m failure or worthless. I just didn't do something right because I still haven't improved enough in some part of the process like technical analysis or patience level. And that motivates me to keep growing and improving. If I lack of something about knowledge and experience , then its an opportunity to try to improve in a new way.
Tuesday 17 January 2017
HIL going full force in property
Cash rich HIL now confirmed propose to buy more land with cash MYR 71 mil from Ng family to reduce big reliance on small margin manufacturing business. It will able to generate one time revaluation gain and also immediate to own the approved housing projects.
Unfortunately this good news like ignore by market. But i believed soon the market will close the gap.
Stock news
Global Closing @16/1/17
Dow 19,886 Closed
NASD 5,574 Closed
S&P 2,275 Closed
Gold 1,202 +6
WTI 52.64 +0.09
Brent 55.70 +0.11
SoyOil 35.52 -0.04
FCPO 3,145 +25
FKLI 1,663.50 -11.50
USDMYR 4.464 +0.004
USDJPY 114.07 -0.39
USDCNY 6.898 +0.000
EURUSD 1.061 -0.003
GBPUSD 1.202 -0.016
GBPMYR 5.368 -0.070
AUDMYR 3.337 -0.012
SGDMYR 3.123 -0.004
CNYMYR 0.647 +0.000
MYRJPY 25.52 -0.12
FTSE 7,327 -10.68 0.15%
DAX 11,555 -74.47 0.64%
CAC 4,882 -40.31 0.82%
Nikkei 19,095 -192.04 1.00%
HSI 22,718 -219.23 0.96%
SSE 3,102 -10 0.33%
STI. 3,013 -11.95 0.40%
KLCI 1,658.84 -13.66 0.82%
-Britain's top share index ended its record 14-day winning streak on Monday, finishing down for the first day since Dec 21, as banking stocks slumped on 'hard Brexit' worries ahead of Theresa May's speech on Tuesday.
-Southeast Asian stock markets fell following reports that Britain was prepared to make a “hard” exit from the European Union, reigniting fears about the impact of the impending move, coupled with uncertainty in the US.
Sentiment was also hit as US policy uncertainty lingered ahead of president-elect Donald Trump’s inauguration this week.
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*CORPORATE NEWS*
• *AAX* says it will focus on China expansion with special one-way all-in-fares from RM199 for its four-times-a-week direct flights from Kuala Lumpur to Wuhan. Wuhan is the capital city of Hubei province in Central China.
• *FGV* Bhd has clarified that there has been no discussion on the matter of privatisation of the plantation behemoth.
• *TEXCYCLE* on July 28, 2016, via its solicitors, issued a statement of claim against FACT System (Malaysia) Sdn Bhd.
• *HIL* has entered into two conditional share sale agreements through its wholly-owned subsidiary, AMJ Construction Sdn Bhd (AMJC), for the proposed acquisition of A&M Concrete Products Sdn Bhd (A&M Concrete) and Show Piece Sdn Bhd (Show Piece) for a total of RM71 million.
• *MUDAJAYA* says the decision in an adjudication process will have a negative impact of RM98.35 million on its earnings for the year ended Dec 31, 2016, as the amount has been recognised as revenue in prior years.
Wednesday 11 January 2017
Tuesday 10 January 2017
A&M: the journey of uptrend?
New giant deep port effect at carey island which A&M own a big land there...
Monday 9 January 2017
Friday 6 January 2017
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