Sold SAAG Bought Kulim

27 Apr 09, 16:00

RY: thank you very much ZL for my happiness

27 Apr 09, 16:00

RY: ZL...cannot tahan anymore.disposed saag 0.28

27 Apr 09, 16:07

RY: i bought kulim 5.45

Kulim (Malaysia) Berhad is engaged in oil palm plantation, investment holding and property investment in Malaysia. The Company’s business segments comprise: plantation operations segment, which is engaged in oil palm planting, crude palm oil processing and plantation management services and consultancy; manufacturing segment, which is engaged in the manufacture and sale of oleochemicals and rubber products; quick service restaurants, which is engaged in Pizza Hut and Ayamas outlets, and property investment, which is engaged in the rental of office building. Its other operations mainly comprises of investment holding. On December 31, 2007, the Company acquired interest of two new subsidiaries, Renown Value Sdn. Bhd. and Volgen Industry Sdn. Bhd. During the year ended December 31, 2007, the Company disposed of its interest in PT Graha Cakramulia, PT Sumber Mahardhikagraha, PT Salonok Ladang Mas, PT Harapan Hibrida Kalbar and PT Trimurti Sumbertama.


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Kulim currently trading at PE4.+ with high NTA RM10.58. So the downside risk should be much lower. balance sheet looks good to me. Kulim is my new holding ctr, just like ytl power and pelikan. Overall i like thier businesses, plantation division growing at healthy rate, with good valuation in london listed company. Demand for KFC ,Pizza Hut and Oleochemical products also improving. Will update more of my opinions about Kulim later.

Update

Sold pantech 0.60. thanks to ZL...^^

Zhulian 5131

Just finished scanning through zhulian latest financial result. Balance sheet looks very healthy. cash and cash eq alone prettier than total liabilities.DY 9.++%. EPS still growing. Zhulian currently trading at PE 5.+. However, my knowledge in MLM industry very limited. I'm gonna have study and ask a lot of people about MLM and women industry first before jump in any stock.my hand very itchy atm.

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Zhulian Corporation Berhad is a Malaysia-based investment holding company. The Company is engaged in multi-level marketing (MLM) with diversified interests in the manufacturing and trading of costume and fine jewellery, consumer products and printing. The Company’s subsidiaries include Zhulian Industries Sdn. Bhd. engaged in manufacturing of consumer products; Zhulian Jewellery Manufacturing Sdn. Bhd. is engaged in manufacturing of costume and fine jewellery; Beyond Products Technology Sdn. Bhd. manufactures bedroom apparels and therapeutic products; Zhulian Printing Industries Sdn. Bhd. is engaged in printing of brochures, leaflets, catalogues, name cards and other related documents; Amazing Vestrax Sdn. Bhd. manufactures sanitary products; Master Square Sdn. Bhd. is engaged in trading of consumer products, and Zhulian Marketing (M) Sdn. Bhd., Zhulian (Singapore) Pte. Ltd. and Zhulian (Thailand) Ltd. are engaged in direct marketing of costume jewellery and consumer products.

Bought Pantech

Pantech Group Holdings Berhad (Pantech) is a Malaysia-based investment holding company engaged in the provision of management services. The Company’s directly held subsidiaries are Pantech Corporation Sdn. Bhd., Pantech Steel Industries Sdn. Bhd. and Panaflo Controls Pte. Ltd. Pantech operates in three business segments: trading of pipes, fittings and flow controls, which is engaged in the trading, supply and stocking of high-pressure seamless and specialized steel pipes, fittings, flanges, valves and other related products for use in the oil and gas, power generation, petrochemicals, palm oil refining and other related industries; manufacturing of pipes fittings, which involves manufacturing and supply of butt-welded carbon steel fittings, such as elbows, tees, reducers, end-caps and high-frequency induction long bends for use in the oil and gas and other related industries, and investments and management, which involves investment holding, property investment and management service.
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Bought Pantech 0.56. amen

Update

So busy..sigh.just finished reading ZL's latest post. Pantech looks an attractive recommedation. i will q this ctr tomorrow. Bull rally also confirmed by grahamsun. Amen

Bought SAAG 0.205

I dont know much about this company but they have lot of cash and cash eq. further info is here.

http://zlbursatheme.blogspot.com/2009/04/saag-no-more-sagging-after-100-mav.html

wish me luck.

Bought YTLPower

Bought YTLP 1.91 last thursday. Backhand?..i will scan the slip once i receive the mail. I like thier business, well managed and good dividend. Why now...my hey day already over..no time to monitor the market at the moment. Ytlp looks stable and protected with high dividend yield. Im monitoring NSTP and YHS since past few days. NSTP going to pay an attractive dividend by the end of this month. Hope i could buy at nice price. If market goes against me, holding NSTP is not a bad idea. NTA RM4.++ ,borrowing decreased from RM129m to RM29.8m. Sales of Berita Harian and Harian looks improving.Somemore recommended by grahamsmun in investlah.
TA wise..NSTP looks already broken above downtrend line.

Company Name	:	THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD
Stock Name	:	NSTP
Date Announced	:	07/04/2009

EX-date	:	28/04/2009
Entitlement date	:	30/04/2009
Entitlement time	:	05:00:00 PM
Entitlement subject	:	First and Final Dividend
Entitlement description	:	This first and final dividend of 8 sen per share less 25% tax for the financial year ended 31 December 2008 is subject to shareholders' approval at the Thirty-seventh Annual General Meeting to be held on 29 April 2009.

The last time im in Malaysia was last september 2007. One thing i've noticed is Yeo's brands nowday are everywhere. Could be bias thou since i love their soymilk.Dividend also looks attractive. No short term borrowing..hmmm.Share performance looks a bit coma..but better coma than kaput. YHS going to pay 0.06sen final dividend next week. too late i guess.


update: Just finished reading ZL"s latest post. SAAG also now under my radar.

Update

So busy lately. Sold TMI 2.65. ..sigh! No new position atm. btw, malaysia so expensive..

Anyway, congrat to our 6th PM...Datuk Seri Najib.

Group Of Companies Which Are Closely Link To Datuk Seri Najib Razak

1. Najib’s milieu is Rohana Mahmood... Rohana sits on the boards of Paramount Corp Bhd, TH Group Bhd and Dijaya Corp Bhd.

2. Johan Holdings Bhd chairman and chief executive Tan Sri Tan Kay Hock is among the people said to be close to Najib. They have known each other for a long time and are also golfing buddies. He is also a chairman of GKent.

3. Najib’s father and Malaysia ’s second Prime Minister, Tun Abdul Razak, and Tun Hussein Onn, uncle and third Prime Minister, were good friends of Tan Sri Robert Kuok, their friendship going back to their school days ... Maybulk and his related group of companies

4. Datuk Mohamed Azman Yahya, director of Khazanah ... Bolton, Pharma, MAS, PLUS & SCOMI

5. Sapura’s Shahril and his family are also said to be close friends of Najib ... SapCrest, SAPIND, SAPRES.

6. Tan Sri Syed Mokhtar Albukhary's group of companies ... MMCCorp, AMtek, IRCB, MSC, BERNAS, KRAMAT, TWSCorp, TWSPlnt, Zeland

7. Datuk Johari Razak, the second eldest, read law, like his father. He is a senior partner at Shearn Delamore & Co, a large law firm in Kuala Lumpur . Johari is also a non-executive director in several publicly listed companies including, being chairman of Ancom Bhd, deputy chairman of related Nylex (M) Bhd, and directorships in Hong Leong Industries Bhd, Daiman Development Bhd and TWRREIT. He is also a director of Deutsche Bank (M) Bhd.

8. The middle brother, Datuk Mohamed Nizam Razak studied politics, philosophy and economics at Oxford University in the UK and was a stockbroker, being CEO of PB Securities Sdn Bhd in the 1990s. At present (Dec 2008), he is also a non-executive director in several publicly listed companies including Hiap Teck Venture Bhd, Mamee Double-Decker (M) Bhd, Delloyd Ventures Bhd, Yeo Hiap Seng (M) Bhd and Waseong, Like Johari, Nizam is also a director of Deutsche Bank.

9. The fourth brother Datuk Mohamed Nazim Razak, who also studied in a British university, is an architect. His wedding in 2005 when he married to Norjuma Habib Mohamed, former host of TV3’s Nona show, was widely covered in the media. He is a director of HLCap & HLBank.

10. The youngest brother is the most well-known. Datuk Nazir Razak had studied at Cambridge University where he obtained a master of philosophy. A career banker, he joined CIMB Investment Bank almost 20 years ago, rising through its executive ranks to become its CEO in 1999. Following the merger of CIMB and Bumiputra-Commerce Bank to become Bumiputra-Commerce Holdings Bhd (BCHB)

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credit to Mr

Kok Chin Keong