YLI: making a huge profit from joint venture

One time profit from joint venture disposal of waste management business.

RGB: double engine power to 0.30

First engine: growing sales
second engine: higher profit
Both engine will bring RGB to next level, mean target 0.30

CHINWEL: the line obviously moving downward in fast pact

The download trend line is moving faster than previous, and expected more cut loss or profit taking.
This is my worst performance stock 2016. Sigh...
I cannot initiative sell as the financial still in healthy mode, and I only can average down when I see the bottom forming. This is my weakness of fundamental way as expected will dip further but unable to cut loss.
:-(

Tune Protect Group Berhad

Tune Protect Group Berhad (TIH MK, BUY, TP: MYR1.81)
Growth Still Insured
Earnings Review
GI continues to drive Tune’s earnings, with higher NEP growth and improved net claims. This offsets the slower outlook from its global travel segment, as its take-up rate continues to be affected by the change in the opt-in booking policy. We trim our FY16-18F earnings by c.1-3% to reflect some house-keeping adjustments. Maintain BUY, with a slightly lower GGM-derived TP of MYR1.81 (from MYR1.87, 12% upside).

Cold eyes wrap up

For share...

Chinwel: report wrong value

Funny...

Success: Look like successful climb up from bottom

(^_^)

Chinwel: still a profit but lower

Not sure next week will sell down or not? High possible short term players will rush to quit as they might expected better performance but end up lower profit.
But,
market is sometimes really unpredictable, announced higher profit but price went down (this can be link to theory of buy on rumors sell on fact).
But also,
it reflected correctly like GADANG, once announced lower profit, gap down sell.
But also,
i see some companies announced lower profit or even loss, price go up.
so,
what i can understand from here is price is telling you about future, not the history, not current. As a low profile and cash rich investors with better information than us, will react better than us.
Let's see how next week Chinwel perform. Of course i will keep it as long as the company financial performance is healthy. I will give it a chance and also at the same time train my patience. Is my excuse also :) as I hate to sell at loss if the company I think still got chance to fight back.

A&M: new high is preparing to break?

It has busy but slowy building up a not so obvious uptrend line from Jul16 till now. The collection of big volume come a day then disappeared and then come again. I would say some big hand is collecting with low profile. But aim the bull able to smell it. Hopefully smell correctly. Hopefully, end of this month quarterly financial reporting able to bring a good result (better revenue and bottom line profit) and trigger massive public shooting. Then, huat :)

AWC

RGB: accelerate to 0.30 soon

Waiting this day coming...

GADANG : They busy to promote to stabilize the price

Gadang Holdings (GADG MK, BUY, TP: MYR3.50)
A Buying Opportunity
Company Update
We believe the recent selldown provides a good opportunity to accumulate the stock at forward P/E of <7x vs the peer average (in low teens). We upgrade the stock to BUY with unchanged SOP-based TP of MYR3.50 (39% upside). Apart from strong medium-term earnings visibility, it has also laid foundation for the longer term. Mega construction job wins and its ongoing corporate exercise may boost sentiment on the stock.

Why ringgit is so weak?

[11/11, 09:06] Chuah Alfred: *Why ringgit is so weak?*

1. Look at US 10 year treasury yield. Capital is flowing back with higher US yields.

2. Trump policy is also to deregulate oil and shale sector in US. This will make drilling cost cheaper and make US produce more oil to become self-dependant. Currently, 15% of US oil supply is imported. If US increases oil production, there may be a supply glut. Oil price should also be weak these days. A weaker oil price means Malaysia will be affected since our budget has been based on an assumption of oil price at $45.

3. Msia also may cut interest rate further.

4. Foreign holdings in malaysia government bond is quite high. Some may mature in near term and investors may not consider to reinvest in Msia since US yields are picking up. Hence, moving capital back to US.

Ringgit face outflow pressure.
[11/11, 09:08] Chuah Alfred: Will a Trump Presidency Affect Malaysia?

While Trump's economic policies and political agendas are generalised or vague todate, he has consistently highlighted the major ones in campaigns. On that basis, it's possible to identify and evaluate their likely implications for Msia.

A. *Msia's higher export earnings foregone*
The Trans Pacific Partnership Agreement (TPPA), expected to significantly boost Msian exports at a time when it's slumping fast will be scrapped as Trump seeks to eliminate or renegotiate trade deals in favour of the US. Additionally, Trump's determined to erase Obama's legacy of which the TPPA is one, and thus presenting a major setback for a struggling Msian economy.

B. *Further Ringgit weakening*
Trump will rely less on monetary (cheap money) and more on fiscal policy (spendings on highways, bridges, airports etc) to stimulate new economic growth. That would spell the end of low US interest rates leading to a stronger Dollar, and, by default, a weakened Ringgit.

C. *Decreased American investments in Msia*
Trump's plan to reduce US corporate tax from 39% to 15% to attract American investments and earnings parked abroad could freeze new and/or reduce existing US investments in Msia. The lowered tax rate could also lead to a significant outflow of funds, invested in Msian bonds and equities, to the US. That would further weaken the Ringgit apart from destabilising the economy.

D. *Capital flight to the US from Msia*
Trump's new economic model, designed to stimulate faster economic growth with large government infrastructure and defence spendings financed by returning American investments, earnings rewarded by a 15% tax rate, would lead to a global capital flight to the US. Thus, Msia could stand to lose other foreign investments, present and future, as well

E. *Relationship difficulties with the US*
Trump's Islamophobia, including banning Muslims from the US, could make it difficult to forge new ties with his administration as Msia is a small Islamic nation with little to offer the US. That's the way Trump will view Msia as a ROI driven businessman. Additionally, the reality or perception of Msia's alignment to China, with the mega RM144b economic aid package given, could make matters worse. Trump's dislike for, and distrust of, China is very public. China stands to lose out most from Trump's policies, and an unsuspecting Msia could be trapped in a very likely trade war between the US and China.

F. *US Department of Justice 1MDB related prosecutions escalated*
Trump will replace Obama's appointee, Loretta Lynch, the current Attorney General, with Chris Christie, a tough ex public prosecutor. While Obama could have protected MO1 by at least not naming him on the strength of a personal relationship, that protection ends when Trump's sworn in on Jan 20 2017. And Msia, now perceived to be pro China, could complicate matters for MO1 - bad timing, bad move on the bromance with Xi Jinping.

Of course, Trump may back pedal on his election rhetorics and threats, but as it stands, a Trump presidency doesn't look good for Msia. And MO1. 

TheBonVivant
November 11 2016

Breaking update

BREAKING UPDATE!!!📢

Ringgit is facing great sell off today because:
1.) the hope of new US President Donald Trump will bring "America Great Again". Market has suddenly turned 180 degree and support Donald Trump vision instead fearing him now.
2.) the high possibilities of US rate hike due to the inflationary that is going to happen due to upcoming very large spending by Donald Trump to build walls and infrastructures

These two main factors is driving US market very very much uptrend.

Thus, many USD (mainly) and other foreign currencies wants to go back to US (leaving Malaysia) and thus Ringgit has been sold off crazily now. Ringgit is weakening big time now!

To avoid Ringgit to weaken any furthur, Bank Negara has issued an order to ban all foreign currency exchange that involves MYR. So no FX conversion and DCI involving MYR for all banks and money changer today.

RGB: the only matching coldeyes selection

Sigh...

Another 2 super bull stocks: SUPERLN, HEVEA

So perfect the uptrend line especially SUPERLN. It still yet to show where is the peak.
Hevea whether can regain the peak?Look very hard, but still possible as long as financial performance grow positively, if not is a bye bye to the peak.

冷眼分享会个股关注名單 ColdEyes Top 30 Stocks Pick

【2016年11月5日】冷眼分享会个股关注名單 ColdEyes Top 30 Stocks Pick:

>RM 3 (高价股）

PERSTIMA, TGUAN, ASIAFILE, TAANN, SOP, UMCCA

RM 1-3 （中价股）

HEVEA, SUPERLN, PENTA, IQGROUP, ECOWORLD, RCECAP, POHUAT, JAKS, MFCB, JTIASA, FREIGHT, PRLEXUS

<RM 1 （低价股）

JOHOTIN, MBSB, OPENSYS, MMSV, SOLUTN, RGB, HOMERIZ, SENDAI, WASEONG, OCK, WCE, WILLOW

Cold eyes: 三不买

Cold eyes: The most I respect value investor and master

Cold eyes Mr Fong Siling is my most respect value investor. At least he make money without trapping other people hard earn money like "someone". Who always call for buy with amazing write up but with the purpose he or she going to sell down. This is really a tragedy when people trust on this person. So, if you really want to follow or respect, cold eyes is the only one... i mean so far, and of course no one can replace him. 

Below article from him for sharing. Why you need to wait 3 years for value stock?

PENTA: Are you stay with Super Bull stock?

Very powerful stock, but is it reaching peak?

HIAPTEK: Building up a solid uptrend line in progress

Look good. I still holding it.

Stock to watch for ECRL project

MALAYSIA-CHINA PROJECT.
EAST COST RAIL LINE PROJECT (RM55 BILLION)

STOCK TO WATCH:
1. GKENT
2. EKOVEST
3. GAMUDA
4. WCT
5. GADANG
6. SUNWAY
7. IJM

WATER SUPPLY
1. JAKS
2. ENGTEX

ECRL : East Coast Rail Line

CIMB: Construction
ECRL rolls into the rail theme
■ Domestic rail contracts are booming. Rail could be a major theme in 2017.
■ Over RM70bn worth of rail jobs outside of Klang Valley (ex-MRT, LRT and HSR).
■ RM55bn ECRL is the latest big development; EPCC awarded to a China contractor.
■ New rail projects can still be opened to local players given size and scale.
■ Gamuda is the biggest proxy for growth in rail jobs. Remains our top sector pick.
Rail contracts making a huge comeback
Domestic rail contracts are emerging at an unprecedented pace. The government’s move to implement new double-tracking rail projects and to upgrade existing rail networks on Malaysia’s east coast brings the total value of new non-urban domestic rail contracts to over RM70bn by our estimates. This does not include the earlier approved MRT 2, LRT 3, KL-Singapore HSR and upcoming MRT 3 (Circle line, still under feasibility studies) for the Klang Valley (RM89bn). Rail could be a major theme in 2017.

Cold eyes