If you know where it's going
it's not worth doing !
4 out of the last 5 articles published on derekdan.com are related to investment. Soon after realizing this, the idea of a creating a new site – dedicated to investment, has begun to knock on my head.
From the start, the site has been envisioned as “keep it neat and simple”, but the work of getting it done – a bare minimum of 3 HTML pages hosted on a VPS machine, is more than a nuisance.
Wellcall Holding Berhad, bursa quote: WELLCAL, is a holding company of Wellcall Hose (M) Sdn Bhd, which in turn is a manufacturer of tailored-made industry rubber hose, including water hose, air hose, petroleum hose and food hose.
Wellcall products are exported to more than 60 countries around the world, and widely used across different industry, namely automobile, food and beverage, oil and gas, construction, shipyard and mining sector.
Wellcall is very much focusing on its core business - manufacturing of premium, high quality rubber hose with superior margin, as opposed to low-tech hose like garden hose with relatively thin margin.
Alex Chew - CEO of Wellcall, spoke in a workshop during Investor Day 2013. Among the key takeaways are:
Hap Seng Consolidated Berhad has been aggressively buying back its own share in the open market. A quick check at Bursa Malaysia reveals that HAPSENG cumulative outstanding treasury shares have reached 8.15% on even date.
Shareholders are looking for share redistributions, if this materialized and assuming the company is distributing 9% of the shares, shareholder will then entitled for 1 bonus share for every 10 shares.
Hap Seng may otherwise sell the treasury share off market. But this only makes sense if they are selling at a price higher than the average purchasing cost.
Profit from the share sale can be retained as profit to be recognized in the quarterly earnings.
The third possible scenario is to cancel the shares. Reduced share numbers will enhance the net worth of the existing share, increasing EPS and for a high-yield counter like Hap Seng, translate into higher dividend per share.
Hap Seng share price was seen hovering at all-time high of 2.10 and showing a sign of resilient despite the recent sell down in the broad market.
Hap Seng Consolidated Berhad (HAPSENG) registered a flattish result in 1Q2013, owing to the subdue performance across all divisions, except the property division.
Despite the uninspiring quarterly result, HAPSENG has dished out a record-breaking interim dividend of 8 sen per share, much higher than its quarterly earnings of 4.86 sen per share.
The dividend surprise is a testament of a healthy balance sheet and therefore the company is utilizing its excessive cash to reward the shareholders.
HSC has 7 core business, most are cyclical in nature.
HAP SENG Plantations (stock quote: HSPLANT) is a small-cap plantation company listed in Bursa Malaysia.
HSPLANT has a total plantation land of 39,803 hectares, only 1/5 the size of KLK and IOI, and less than 5% of Sime Darby’s total land areas.
Due to its smaller size and capitalization, HSPLANT often escape from the radar of stock analysts and research house.
Daibochi Plastic and Packaging Industry Berhad, or simply known as Daibochi Plastics or Daibochi Berhad (Bursa quote : DAIBOCHI). Its core business is manufacturing flexible packaging material.
Packaging has long become the indispensable element in modern human lifestyle.
In Food and Beverage sector, tea bags and coffee mix are wrapped in aluminum foil sachets, instants noodles, snakes and biscuits are all packed inside some sort of protective covers, to enhance shelf lives, and to ease the transportation and storage.
Other applications areas include toiletry products, personal cares and personal hygiene products.
Tomypak Holdings Berhad, or simply known as Tomypak Berhad (Bursa quote : TOMYPAK) is a flexible packaging company listed in Bursa Malaysia.
Flexible Packaging is a defensive business, as F&B companies make up the bulk of its client base, demands are good all year round, even during recession period.
Just like its peer Daibochi, Tomypak has been paying good dividend to its shareholders. Dividend yield is about 5% at current price.
Not many people heard of Protasco (Bursa quote : PRTASCO), a small cap construction group listed in Bursa Malaysia.
Protasco specialised in road construction and rehabilitation, this expertise has earned them the reputation of “highway and road specialist”.
Its major sources of income are concession road maintenance contracts with federal government and several state governments of Malaysia, most of them are long term contracts that will only expire in 2016, 2018.
I’m starting the “undervalued stock series”, as an introduction to counters listed in Bursa Malaysia that are currently trading below their true values. No special criterion used to qualify a stock into this series, just writing as matter of personal preference and personal bias :)
This is not an advice for buy or sell, just read for fun and do your homework before you trade.
Bina Puri (Bursa quote : BPURI) used to be a low-profile construction company, it has recently caught the limelight by clinching a slew of notable projects, including LRT extension, LCCT main terminal building and several other construction jobs.
The value of new project secured in 2010, amounted to RM2.62 billion, is even higher than its more renowned peers like Gamuda and WCT.
赚了一亿？可以出书 - 写自传。得空的话，不妨乘坐游艇找巴菲特喝茶。
总结了一年多的“战绩”，超过 30% 的盈利，这样的成绩，与 FBMKLCI 的 70% 升幅相比，只算勉强“及格”。大可不必费尽心思，千挑万选，只要闭上眼睛，根据 FBMKLCI 指数30个成员股的比重买进，就有多一倍的回酬。
回顾过去，其实自己的选股能力不差，是有可能取得超过 100% 的回酬。主要是犯了一个错误。