Hmm.. Lets talk bout my latest eyes on counter, it start with "W", what we can see here is until last Friday closing price, it already shows some re bounce from the continuous drop since early of Jan'09. within 52 weeks, the price dropped 80% from the highest to the lowest.
In terms of company financial:
Current PE = 5.3+ (last Friday closing price)
Based on 3rd Q financial report:
Current ratio = 1.65
D/E ratio = 0.62
Remark: CR 1.65 still consider "o.k." for me, with the 637M cash on hand. the D/E ratio on 0.62 is a bit high for me especially under current economy trend, the best would be <0.5. roe ="="> 2003: 21%, 2004: 4%, 2005: 16%, 2006: 11%, 2007: 18%
Annual EPS (sen) ==> 2003: 72, 2004: 15, 2005: 40, 2006: 31, 2007: 46
Annual NTA (RM) ==> 2003: 3.47, 2004: 3.60, 2005: 2.53, 2006: 2.77, 2007: 2.62
Remark: ROE positive for all 5 yrs (2004 that have ROE <10% ma="=">my analysis :P) this is a company with good pass performance, any how, the recent issues faced by this company has make the invest on this company become a high risk pick.
If i want for save play, wait for Q4 report. If risk taker, buy in some for contra play, the price start to re bounce since last Friday (big share holder like Tamesak also want to let go the stock ma before the tsunami come :P). On top of this, PE 5.3+ had reduce some risk for the contra play.
Any how, after Tamesak through their hold, it will definately follow by a big drop on the share price after it rise a bit (comment from my tok guru SAM!!).. 买卖自负！！
Saturday, January 31, 2009
Tuesday, January 27, 2009
Eyes on the market
Lately found out tht 1 company is in trouble, current tread at RM1+, PE around 5, will pose up my homework later. As per the great Buffett:
"The best thing that happens to us is when a great company gets into temporary trouble. We want to buy them when they're on the operating table."
"The best thing that happens to us is when a great company gets into temporary trouble. We want to buy them when they're on the operating table."
Tuesday, January 20, 2009
SIME-CG
Below is my analysis on SIME-CG after i buy, really not a got practise, please advise if my calculation is wrong!!
In/out Money
Mom price = 5.65
Cost = 0.14
Conv. price = 5.35
Mutual date = 18/06/2010 (~1.5 yr from now)
Conv. lot = 10:1
In/out money ==> (0.14 x 10)+5.35-5.65 = 1.1 (1.1/5.65 x 100%) = 19.47% (< rate =" 6%" years =" 481.5" 5 =" 4868.5" 1400 =" 6268.5" price =" 5.65" 5=" 5168.5.">5168.5)
That why i say don't buy in hurry, if not will end up like me==> get expensive warrant. Ok, now what should i do? since i have brought it, the only things is invest with high risk la.. lets wait and see what the mother can do?? I had classify this as a very high risk game and this had violate the rule for success in stock investment (for me la) ==> 别先想赚多少，先想会亏多少，保本为上。。
In/out Money
Mom price = 5.65
Cost = 0.14
Conv. price = 5.35
Mutual date = 18/06/2010 (~1.5 yr from now)
Conv. lot = 10:1
In/out money ==> (0.14 x 10)+5.35-5.65 = 1.1 (1.1/5.65 x 100%) = 19.47% (< rate =" 6%" years =" 481.5" 5 =" 4868.5" 1400 =" 6268.5" price =" 5.65" 5=" 5168.5.">5168.5)
That why i say don't buy in hurry, if not will end up like me==> get expensive warrant. Ok, now what should i do? since i have brought it, the only things is invest with high risk la.. lets wait and see what the mother can do?? I had classify this as a very high risk game and this had violate the rule for success in stock investment (for me la) ==> 别先想赚多少，先想会亏多少，保本为上。。
Monday, January 19, 2009
Lesson Learned
Currently on hand, i have 4 counters. KNM, Resort, SIME-CG, and Mah Sing. It seems too many for me d. Let me talk about their history...
First is Mah Sing, it is really a loss buy for me. this is the 1st counter in my stock investment life, get it in year 2007 when the bull is going to pick up. what i can remember is during that period, Mah Sing giving me a good impression and furthermore i don't know how to chose a good counter, do i intend to start buying so that i can feel join the big market ocean rather that only look at the sea-side. of cause it is very high risk to jump into the stock ocean without knowing what boat that carrying you. anyhow i brought Mah Sing with high price (do not remember what is the price d, what i know today is definitely with very high PE.) during that time, Mah Sing is up to RM 4.50 - RM 5.20, Wow! if i know how to use PE, definitely i won't buy Mah Sing at that moment (currently Mah Sing traded at the price of RM1.55 - RM1.60 with the PE around 9.++). Any how, i manage to bring down average price to almost RM1.99 with small quantity now on hand (1300 unit). What i have now still lose for about 25%!! haha, still keeping it huh?! for what? nothing much, just for reminder to keep me aware that don't buy any stock with high PE even is a good company! (For me, Mah Sing can be consider as a good counter among all the construction company, will post my current analysis on Mah Sing if got time "V").
KNM is my lately investment after i know what is PE and have some experience in stock market (of cause, i got 1 Sifu that posting his good knowledge of stock market investment with FA in his blog that really teach me a lot of things there). I brought KNM during her PE hanging around 9.4+. it is a good tread for me and why i say that is because:
1) The crude oil price during that time is below USD 40, and this maybe the bottom of it. US and the 中东油盟 for sure will do something to prevent further drop of the crude oil price (if they not then the economy situation will be more worst then now).
2) The highest price and lowest price for KNM in 52 weeks are both at RM 7.45 and RM 0.39 and my average price now is around RM 0.44, is quite cheap la for me and it already stay at bottom line since early of DEC' 08.
3) all the FA data show quite ok for KNM, any how from the Q report, the gearing for KNM is very high, this is one of my concern point, other that that is fine for me.
My looking on the the crude oil situation is it will back to the price of USD 34 (mayb lower?) as per end of DEC'08 later on (i had missed to sell my KNM when it raised to RM 0.52 during early of Jan'09) and will start to stabilize. Any how, i will sell off my KNM in stage once i have 10% profit due to my only concern and worried in her gearing, it not good for long term investment.
For Resort, it is a buy called by SAM (i consider him as my Sifu lo). Haha, during that time, Resort dropped painfully from RM 2.65 to RM2.15 after the announcement of her Q3 report, on top of this, the call of uncle Lim's son on BROMET LIMITED AND DIGITAL TREE (USA), INC. which is under Genting Group previously also get the bad feed back in the market. The share price for Resort cannot even pick up a bit in the middle on DEC' 08, unfortunately i brought in Resort at the next day after she done the 1st drop of 20 sen from RM 2.65, of cause she continue to heading South in the coming few weeks, haha, lesson learned here is don't be so fast to step in when you see a big company just started to heading South, should 静观其变 a bit la. but any how, i manage to average down my price to RM 2.35, hmm.. still ok la. I'll post my analysis on Resort also later on. This is the counter that i may consider to hold for bit longer time frame.
Ok, now comes the SIME-CG, actually i brought this under a quite urgent situation. this is also not a good investment habit which we call "kia si" and "tam sim"!! Because most of my capital are with Resort, i had out of bullet to catch SIME (mother for SIME-CG) during middle of DEC '08, i chose SIME-CG also due to some influence by one of the blogger which is same as me (small capital), this is really a high high risk bat!! the mutual date for this warrant is on Jun 2010 means next year, i did do some home work on it after i brought it and it seems like out money warrant!! this counter for me is more like gambling because i gonna bat that the mother's price will raise in 1.5 years time from now and if Mr. Bear visit us and stay even longer until next year, so i only can say bye bye lo... lesson learned: don't buy in hurry!! cash is king!!! this warrant definitely I'll sell once i have profit of 5% - 8%, let see.
As a conclusion, what the things that i learned now from my current stock is:
1) Don't buy the stock with PE unknown and >10 - 15 even in bull market (Mah Sing) because u won't know when the bear will come and u will not know how greedy you will be!
2) Don't buy in in hurry situation (Resort) because if you are in hurry, you are not able to look into the whole pic. and when you realize the drop cannot be controlled, you already in bad situation, of cause a good company will recover any how, but if you didn't trap in that situation, u can utilize the capital for other investment!!
3) Don't be so greedy (KNM) if you know the company that you are holding have some concern point (high gearing!), should sell if get profit (of cause we should know the company well before we invest). If we buy a counter with strong financial background, even the price is going down, the company still boleh tahan and the recovery is faster, but if you r holding a high gearing stock, you have no alternative way to keep for long terms investment because the company is in trouble.
4) If want be a follower, please follow after you do homework (SIME-CG), this is really a killing point, is a comment sense but i still do the wrong thing. analysis do after you invest have no meaning, the only things that you can do is to bat that you follow the right wind. if not, quickly sell it!!
okok... next will be some homework...
First is Mah Sing, it is really a loss buy for me. this is the 1st counter in my stock investment life, get it in year 2007 when the bull is going to pick up. what i can remember is during that period, Mah Sing giving me a good impression and furthermore i don't know how to chose a good counter, do i intend to start buying so that i can feel join the big market ocean rather that only look at the sea-side. of cause it is very high risk to jump into the stock ocean without knowing what boat that carrying you. anyhow i brought Mah Sing with high price (do not remember what is the price d, what i know today is definitely with very high PE.) during that time, Mah Sing is up to RM 4.50 - RM 5.20, Wow! if i know how to use PE, definitely i won't buy Mah Sing at that moment (currently Mah Sing traded at the price of RM1.55 - RM1.60 with the PE around 9.++). Any how, i manage to bring down average price to almost RM1.99 with small quantity now on hand (1300 unit). What i have now still lose for about 25%!! haha, still keeping it huh?! for what? nothing much, just for reminder to keep me aware that don't buy any stock with high PE even is a good company! (For me, Mah Sing can be consider as a good counter among all the construction company, will post my current analysis on Mah Sing if got time "V").
KNM is my lately investment after i know what is PE and have some experience in stock market (of cause, i got 1 Sifu that posting his good knowledge of stock market investment with FA in his blog that really teach me a lot of things there). I brought KNM during her PE hanging around 9.4+. it is a good tread for me and why i say that is because:
1) The crude oil price during that time is below USD 40, and this maybe the bottom of it. US and the 中东油盟 for sure will do something to prevent further drop of the crude oil price (if they not then the economy situation will be more worst then now).
2) The highest price and lowest price for KNM in 52 weeks are both at RM 7.45 and RM 0.39 and my average price now is around RM 0.44, is quite cheap la for me and it already stay at bottom line since early of DEC' 08.
3) all the FA data show quite ok for KNM, any how from the Q report, the gearing for KNM is very high, this is one of my concern point, other that that is fine for me.
My looking on the the crude oil situation is it will back to the price of USD 34 (mayb lower?) as per end of DEC'08 later on (i had missed to sell my KNM when it raised to RM 0.52 during early of Jan'09) and will start to stabilize. Any how, i will sell off my KNM in stage once i have 10% profit due to my only concern and worried in her gearing, it not good for long term investment.
For Resort, it is a buy called by SAM (i consider him as my Sifu lo). Haha, during that time, Resort dropped painfully from RM 2.65 to RM2.15 after the announcement of her Q3 report, on top of this, the call of uncle Lim's son on BROMET LIMITED AND DIGITAL TREE (USA), INC. which is under Genting Group previously also get the bad feed back in the market. The share price for Resort cannot even pick up a bit in the middle on DEC' 08, unfortunately i brought in Resort at the next day after she done the 1st drop of 20 sen from RM 2.65, of cause she continue to heading South in the coming few weeks, haha, lesson learned here is don't be so fast to step in when you see a big company just started to heading South, should 静观其变 a bit la. but any how, i manage to average down my price to RM 2.35, hmm.. still ok la. I'll post my analysis on Resort also later on. This is the counter that i may consider to hold for bit longer time frame.
Ok, now comes the SIME-CG, actually i brought this under a quite urgent situation. this is also not a good investment habit which we call "kia si" and "tam sim"!! Because most of my capital are with Resort, i had out of bullet to catch SIME (mother for SIME-CG) during middle of DEC '08, i chose SIME-CG also due to some influence by one of the blogger which is same as me (small capital), this is really a high high risk bat!! the mutual date for this warrant is on Jun 2010 means next year, i did do some home work on it after i brought it and it seems like out money warrant!! this counter for me is more like gambling because i gonna bat that the mother's price will raise in 1.5 years time from now and if Mr. Bear visit us and stay even longer until next year, so i only can say bye bye lo... lesson learned: don't buy in hurry!! cash is king!!! this warrant definitely I'll sell once i have profit of 5% - 8%, let see.
As a conclusion, what the things that i learned now from my current stock is:
1) Don't buy the stock with PE unknown and >10 - 15 even in bull market (Mah Sing) because u won't know when the bear will come and u will not know how greedy you will be!
2) Don't buy in in hurry situation (Resort) because if you are in hurry, you are not able to look into the whole pic. and when you realize the drop cannot be controlled, you already in bad situation, of cause a good company will recover any how, but if you didn't trap in that situation, u can utilize the capital for other investment!!
3) Don't be so greedy (KNM) if you know the company that you are holding have some concern point (high gearing!), should sell if get profit (of cause we should know the company well before we invest). If we buy a counter with strong financial background, even the price is going down, the company still boleh tahan and the recovery is faster, but if you r holding a high gearing stock, you have no alternative way to keep for long terms investment because the company is in trouble.
4) If want be a follower, please follow after you do homework (SIME-CG), this is really a killing point, is a comment sense but i still do the wrong thing. analysis do after you invest have no meaning, the only things that you can do is to bat that you follow the right wind. if not, quickly sell it!!
okok... next will be some homework...
Sunday, January 11, 2009
3rd Blog
Plan to have 1 blog that record my stock trading dairy.. this seems to be it la... let c how can i make/loss money here!! yeah!!
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