Nuffnang

Sunday, 23 February 2014

[5401] TROP

我大概算吧了。。。
这个季的Performance Review那边,把卖资产和重估的元素除去。
税前盈利 = 117,900
总数票 = 1,107,281
EPS = 税后盈利 / 总数票 = (117,900 x 75%) / 1,107,281 = 7.99sen

其实我没研究的很深入,毕竟不打算收长期。个人也不大喜欢买产业股。
我喜欢的是此股跌的阿妈都不认得。 加上还没有进账的21.8亿令吉。应该很有肉吃。2014的业绩肯定继续看好。
单单看这个还没有进账的21.8亿令吉。
EPS = (21.8 x 20%) / 11.1 = RM0.393 (比如20%的盈利率)
如果3年内收完,平均一年可以得到RM0.131。
**Warrant 2019年才到期,暂时可以不管。**

买入平均价是RM1.365。投机的钱也用完在丽阳机构了。

Just take a simple review...
From the Performance Review of the recent quarter report announcement, by excluded its fair value adjustment on assets and land disposal.
PBT = 117,900
Nos = 1,107,281
EPS = PAT / Nos = (117,900 x 75%) / 1,107,281 = 7.99sen

I just done a simple study as I don't plan to hold for long and has less appetite to invest on property stock.
I like this stock because its share price has been fallen more than half from its peak and also the attraction of RM2.18bil unbilled sales. Thus, I predict it has much to offer. From this, I expect to see this stock can sustain very well in 2014.
Barely look on its RM2.18bil unbilled sales.
EPS = (21.8 x 20%) / 11.1 = RM0.393 (Assume margin is 20%.)
If the billing can complete within 3 years time, the company will able to generate EPS = RM0.131/year。
**Warrant expiry is on 2019. We can ignore it for temporary.**

My average purchase price is RM1.365. My fund allocated for trading purpose has been used up on TROP.

Saturday, 22 February 2014

UMSNGB: 资产出售 (Disposal of Properties)

简单跟踪公司最近几个月的资产出售资料:

卖出HPL
公布:11-Oct-13
完成:Q4FY13
卖价:RM4.46mil
盈利:亏RM2.55mil / EPS -3.30
运用:买生产原料(100%)

卖出UMSE资产
公布:13-Feb-14
完成:Q2FY14
卖价:RM5.58mil
盈利:赚RM2.21mil / EPS 2.86
运用:还债(86%),买生产原料(14%)

A brief update on the property disposal activities in the past few months:

Dispose HPL
Announcement Date: 11-Oct-13
Completion Date: Q4FY13
Selling Price: RM4.46mil
Profit/Loss: Loss of RM2.55mil / EPS -3.30
Utilisation: Purchase of raw material/stock (100%)

Disposal of Property by UMSE
Announcement Date: 13-Feb-14
Completion Date: Q2FY14
Selling Price: RM5.58mil
Profit/Loss: Profit of RM2.21mil / EPS 2.86
Utilisation: Settlement of debt (86%), Purchase of raw material/stock (14%)

Wednesday, 19 February 2014

Participation Analysis 【参与率分析】 @ 19-Feb-14

14-Feb开始形成交叉点。
外资用了一年的时间把投入的资本推上去高点。再用九个月时间回吐大部分投入的资本给于本地基金。外资底部大买,又成功在高部回吐。厉害厉害!

14-Feb-14 is the crossing point.
Foreign funds completed its accumulation within a year in order to hit its peak in term of invested capital in KLCI. But managed to dispose most of the invested capital in just 9 months. Buy in big at low price and sell off at high price. A magic trick done by Foreign funds.


LR - Local Retails 【散户】
LI - Local Institution 【本地基金】
F - Foreign 【外资】