Hi everyone,
Sorry for not responding for the few months, busy for some stuffs.
Have everyone gain on the last few months? If no, nevermind, the next great entry point will be coming soon. Please do not miss this time.
In these few months i have done a lot of research on the potential companies. I do found that there are still a lot of the companies below their real value.
So, ready your bullets.
Good Investing!
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38 comments:
Hi, can you share with us those great counters and roughly when's the next great entry points?
Hi Skynet,
For me as a fundamental investor, my entry point justification is based on my potential counters value. If my potential counters' price below its intrinsic value, then i will take my action.
The counters which in my radar is QL, KPJ, CIhldg, Wellcal, Pantech, Dialog, Ksl, Metrok, Integra, Suria, Padini, Natbio & etc.
Pls do your own analysist before further action, as my choice may not suit into yours portfolio.
Good Investing!
Jeff,
Nice to have you back.
Currently, i'm holding keladi (cost = 15.5sen), ARREITs (72sen) and StarREITs (83sen). All the stocks above are expected to declare 1.5sen, 3.6sen and 3.4sen by this month; representing dividend yield of 9.3%, 5% and 4% respectively.
My investing strategy is focus on every month dividend yield stock and concentrate my capital, enter before the announcement and exit after share responding. So far, these strategy work very well and have generate YTD return of more than 100%.
Market up another 17pts. almost reach 1100. Bull is coming back!!!
Take this oppurtunity to further increase my stock holding on keladi and ARREITs using margin line.
Total portfolio close for today:
a. ARREITs: 83.5% (72sen)
b. keladi: 33.2% (15.5sen), 14.7% (16sen)
c. StarREITs: 17.4% (83sen)
(Margin line used: 48.8%)
Dear hng,
Thanks for your support.
Good to know your strategy, and great to know it works.
I do hold Keladi, because of the high dividend yield as well. But just for a reminder, Keladi future expansion may slow down, this is one of the reason that its dividend is high, because less future expansion plan.
Good Investing!
I understand the limit of keladi future expansion and sustainbility of its dividend payout.
I invest largely due to its upcoming dividend of 1.5sen and the fact that every bid of 0.5sen, already generate positive profit. Hence, the downside risk is limited, but the upside could be very rewarding if the volume surge.
Tomorrow is keladi AGM, and once resolution for dividend has pass, the announcement of dividend will be declare within 10 days after AGM.
Market soaring another 20pts today. Dispose all SatrREITs at 86-86.5sen realize paper profit and bought more keladi at 16.5sen
a) ARREITs: 83.5% (72sen)
b) keladi:
33.2% (15.5sen)
14.7% (16.0sen)
15.0% (16.5sen)
46.4% is margin line
Bought more ARREITs and keladi in the afternnon session:
Total portfolio now have:
95.8% ARREITs
72.9 keladi
(68.7% is margin line)
Increase further core holding: bought another 21.4% ARREITs at 72sen in the afternnon session.
Still believe the ARREITs upcoming income of at least 3.6sen or 5% is driving force. It is the only laggarding among the listed REITs YTD.
Total portfolio now
117.2% ARREITs
72.9% keladi
(90.1% is margin line)
Keladi 15% dividend confirmed.
Ex-date: 3/8/09
Market up another 15pts, but no trading so far. Portfolio remain unchange. Keladi confirm dividend of 1.5sen, ex-date 3 Aug. Stock only up by 0.5sen to 17sen, still below my target exit price. Jeff, are you selling now? or wait for dividend income
On the other hand, ARREITs also inche up another 0.5sen to 73.5sen, still wait for its dividend as catalyst. Overall, Portfolio look stable confine with only two core stocks keladi (dividend) and ARREIT (defensive)
117.2% ARREITs (ave cost : 72 sen)
72.9% keladi (ave cost: 16sen)
(90.1% is margin line)
Sold first batch of 1/3 keladi at 17sen, realize paper profit first. Market seem starting to self-correct.
117.2% ARREITs
48.5% keladi
(65.7% is margin line)
HI,
I love your way to evaluate stock, but do you mind share how to get a company average historical PE? Where I can find that information.
Sold off all remaining keladi at 17sen, realize all paper profit and deleverage position to prepare for next round of bargain hunt
117.2% ARREITs
(17.2% is margin line)
Dear Wainc,
Thanks for your support, get your question from email, and i have reply you from there. Please check ya.
Thanks!
Dear Hng,
I am still holding Keladi. Just for long term strategy. Will sell it, if it is no more under the cash cow category.
Today, i've hunt Astro. Bought Astro at 3.24-3.30. The share price already consecutive down more than 10% since management deny on possible sell of its oversea assest.
Soon after buying and market regain momentum up again by another 15pts, Astro share also rebounded, prompted me to take quick take intraday profit.
Sold off all Astro at 3.36-3.38
I've also sold out more than half ARREITs at 73.5sen to further deleverage portfolio. Althought the profit margin is slim, but still generate positive return. European market show sign of correction, likely US will follow. Prepare for next battleground.
Portfolio now have about
50% ARREITs
Hi hng,
Love your strategy especially on the monthly dividend yield stocks. How you get to know the Co. declare dividend before they annouce?
Grnjz
You can get them from historical announcement from bursa. Company tend to announce their dividend together with notice of AGM
Sold partial ARREITs at 75-75.5sen
Bought Oka, Cenbond, Complet at 47-48sen; 47-47.5sen and 57-58sen, respectively
Increase stake holding of OKA, Cenbond and Complete in the afternoon session: bought Oka at58.5-59.5sen, Cenbond at 57.0-57.5sen, Complet at 57.5sen. Sold also some ARREITs at 76sen
Portfolio now:
23.7% ARREITs
49.4% OKA (4 sen dividend)
11.3% Cenbond (may propose 4.5sen)
7.2% Complet (3 sen TE dividend)
Today, have accumulating Huaan at 51-51.5sen; OKA at 57-58.5sen, Cenbond at 56-57sen, dispose ARREITs at 75.5-76sen
Portfolio now:
43.9% Huaan
9.1% ARREITs
74.9% OKA (4 sen dividend)
14.7% Cenbond (may propose 4.5sen)
7.2% Complet (3 sen TE dividend)
49.8% is margin line
Market close, down just 3.8pts. Unable to sell back GENM :(
Neverthelss, all core stocks are performing very well, especially OKA. Manage to further increase all core stock stake and dispose all ARREITs at 75.5sen
Core stocks Portfolio
78.6% OKA (4 sen dividend)
22.3% Cenbond (may propose 4.5sen)
7.9% Complet (3 sen TE dividend)
Trading stock portfolio
50% GENM (cost 2.89)
Today is my D-day..
Oka soaring, sold off at 65-70sen, realize more than 10% net return...
Sold all GENM at 2.93..
Sold off all Cenbond at 61.5-62.5, realize all paper profit. Cenbond has proposed 4sen TE dividend
Now, i've to restart searching for next winning stocks..
Portfolio now almost empty.. just have
7.9% Complet (3 sen TE dividend)
Bought some TWRREITs at 1.09-1.10, this REITs is due to announce income distribution
Just to update my portfolio until now:
Core Portfolio:
39.6% Kumpulan Fima
33.7% OIB
26.4% Complet
OIB is cash rich company (net cash per share : 75sen/share) and high dividend: 10sen (9.1% yield). Expect to propose its dividend together its Q4 result by this month. Although OIB is property counter mainly develop property in Kedah and manufacure rubber wood product, but through associate company, it also derive profit from palm oil plantation. This characteritic is very similar to Keladi. OIB may rich in valaution in turn of PE, but its NTA is at RM3 and almost 70% current share price is consist of cash value.
Kfima is expect to announce its 3sen dividend soon. Kfima is alernative to fimacorp (60% subsidary) to indirectly expose to concessionaire secruity printing business, which is solid cash cow.
With gradually mature palm oil plantation in indonesia, fiamcorp has make turnaround and report huge profit jump in plantation division. Recently, Kfima also increase its property portfolio by exchange 4 parcel of leaseland to 14 office units at Tower B, PJ Trade Centre. Hence, current earning driver for KFima are Manufacture secruity priniting, plantation (both through Fimacorp), bulking and property investment income. In turn of valuation, Kfima is one of the still undervalue stock in the market now. EPS 2008: 17.7sen, NTA: 1.27, nearing zero gearing; dividend: 3sen. If based of historical PE:5x, Kfima potential subject to re-rating up to 88sen.
hi Jeff,
welcome back!!
Everybody is saying the market is overbought now. Do you still see any undervalued stock which have good entry point?
Hi Alvin,
Can try to have a look on Pantech, QL, CBIP, KPJ, CIhldg, Integrax, Wellcal, Padini.
Pantech & Integrax still in low P/E. Pantech will drive from the contract from EU. Integrax benefited from the increasing Nickel price as the international nickel price picking up from the previous six months low.
For QL, KPJ & Padini is a bit above my MOS, but due to the bright future, still can consider.
I prefer CIhldg on the good restucturing of business. Now more focus on its soft drink market. Holding Permanis (M) sdn bhd are currently have a good tide-up with all Old Town Cafe (which previously selling F&N products). Products included Pepsi, Tropicana Twister, 7-up, 7-up revive, Excel, Kickapoo, Bleu mineral water, Lipton Tea, Marinda & etc. Pls check http://www.cih.com.my/
Pls do your own research before making any decision.
Good Investing!
QL, KPJ, CIhldg, Integrax doing well for latest quarter, espcially CIhldg, but still long way to go.
Good Investing!
hi Jeff,
CIhldg sales and profit increase a lot from the latest report. since the release of the report, the share price starts picking up but the volume still very low. one more thing i noticed is this company have very high debt. is it because of its rapid expanding?
Here is a link to a blog about this company, very positive comment.
http://bursastreet.blogspot.com/search/label/CI%20Holdings
what you think about pelikan and Lionind? at their current price, do they still considered undervalued?
Dear Alvin,
CIhldg balance sheet keep on improving these few years after restructuring. Try to do some market survey & site visit to all the selling spot, you will found the potential.
For me, Lionind is still undervalue, Pelikan current price is a above my MOS
Hi, I came across your site and wasn’t able to get an email address to contact you. Would you please consider adding a link to my website on your page. Please email me back.
Thanks!
Harry
harry.roger10@gmail.com
Rich dad defined the qualified investor as a person who has money as well as some knowledge about investing. A qualified investor is usually an accredited investor who has also invested in financial education. As it relates to the stock market, for example, he said qualified investors would include most professional stock traders. Through their education, they have learned and understand the difference between fundamental investing and technical investing.
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