Monday, October 17, 2016

Who is Investar?


UNCATEGORIZED

Who Is Investar?


On 7th Oct 2016, I posted an article with the title “My last article on share
 investment”in which I stated that I have decided to stop posting anymore
 articles on investment to avoid irritations because one stupid idiot called 
Investar who posted the following:
My private detective has found out that he is Kueh Shu Tsung and a
 copy of his I.C. is attached below.


He also frequently writes senseless comments under the following 
pseudonyms
Optimus
timetokoon
Investar
upsidedown119
hansolo2
My advice to Kueh Shu Tsung is that he must really examine his track 
record to see why he is still so poor. He is already 48 years old. I was
 told that he has lost all his capital and now he is writing nonsense to
 let out his frustration.
He must remember that he is born with 2 ears and 1 mouth. He must 
always listen more than he talks. He can always learn something if he
 listens carefully.
When he is in great difficulty and cannot find a solution, he must 
remember that time will cure everything. However good or bad a situation is, it will change.
He must never give up if he wants to achieve his goal.
I am honest and sincere and I always treat people with kindness.
 I always help poor people in whatever way I can.

Koon on Investar






INVESTING

My last article on investment








Regular readers would have read my first buy recommendation on
 23rd Sept under the title “Megasteel closure will benefit CRC players” and 
on 1st Oct I posted my 2nd article “You must know the company’s business 
before you buy its shares”in which I continued to recommend buy on 
CSC Steel.
During this period I have been buying CSC Steel and Mr Ooi Teik Bee also
 has been buying CSC Steel for me. I have bought more than 20 million 
shares. I will continue to buy as long as the company continues to report 
increasing profit.
In the same way, I have accumulated 102 million VS Industry shares and
became the 2nd largest shareholder which you can see in its 2015 annual
 report.
I will only start to sell when I see that the company reports reduced profit
in 2 consecutive quarters.
But after having read the following comment by a really stupid idiot 
called “Investar” I need to write this last article to protect my
 integrity, sincerity and honour.
My advice is that “Investar” must look at a mirror and ask why he is still so poor.
 He cannot even see that CSC Steel is a fundamentally good stock to buy.
 Now the whole world knows how stupid he really is.
I have decided to stop posting any more articles on investment to 
teach people how to make more money so as to avoid frustration and
 irritation.
Those who are interested can look at my own blog:
 koonyewyin.com.
Now I can concentrate on giving away my money to help the poor
 people.

Wednesday, June 15, 2016

Koon’s Investment Lesson #6: Margin Finance


Koon’s Investment Lesson #6: Margin Finance

Posted on June 8, 2016



In all business schools, MBA students are told that they would be considered inefficient if they trade with only their own capital. They must borrow money from banks to leverage their profit. As long as they can make more than the interest they have to pay, they should not be afraid to borrow. Also they must remember that 90% of the graduates failed in their first attempt in doing business if they did not partner someone with experience.

Similar to doing business, in share investing, unless you have a minimum of one year experience, you must not borrowing money to buy shares.

In Malaysia all the banks have a branch to promote share investment. They are currently offering margin finance at about 5% per year interest rate. You can borrow up to a maximum of 50% of the total collateral value of your holdings. For example, if you have say Rm 100,000, you can buy up to a maximum of Rm 200,000 worth of shares.

As you know, all share prices often fluctuate up or down. To avoid margin call you should not buy up to its maximum permitted limit.

If your selected shares continue to go up in price, you can borrow more money to buy some more shares because your collateral value has increased.

However, for some unforeseen reasons, your shares might drop more than you expected and you would have a margin call. You are given 3 day to top up with cash or shares. Do not top up with cash. If you do, you are retaining some not so good shares. The best thing to do is to sell some of the not so good shares to meet the margin call.

I know some investors prefer to sell the good shares and retain the bad ones. They do not like to recognize their mistakes and take the losses. They prefer to sell the good one.

In any case, you will not lose money even if you have to sell some shares to meet margin call because your average cost of your holdings should be lower than the price you are forced to sell. For example, if you have been following my advice in buying Latitude which had gone up from Rm1.00 to above Rm 8.00 within 24 months, your average cost would be about Rm 4.00. When the price drops suddenly for some unforeseen reasons and if you are required to sell, the price should be higher than your actual cost.

Tuesday, June 7, 2016

怡克偉士發36.4億伊債

籌建大道‧怡克偉士發36.4億伊債


(新加坡6日訊)怡克偉士(EKOVEST,8877,主板建筑組)獨資子公司大使路-淡江大道第三期有限公司(DUKE 3),料本月將發多期多梯次的36億4千萬令吉(8億8千150萬美元)伊斯蘭債券,以建斯迪亞旺沙-班底高速大道。

大使路-淡江大道第三期有限公司,1月間獲頒約37億4千萬令吉的斯迪亞-班底大道(前為大使路-淡江大道第三期)建築與管理特許經營權。

大馬債券評估機構(MARC)給於有關伊斯蘭債券“AA“評級。
上述建築計劃成本達50億5千萬令吉,將以83:17的債股對比融資;除以債融資,亦獲5億6千萬令吉免息可償援助貸款和8億6千萬令吉以股集資。

大馬投資銀行將是發債的牽頭銀行,料將號召更多銀行為主理或承銷商。

這是大馬今年第三項道路融資計劃,早前丹斯里林剛河控制的怡科偉士,1月間也透過總共11期發10億令吉債券融資東巴生河流域大道。另外,承接吉隆坡─布城大道至吉隆坡國際機場擴建計劃的Maju大道公司,也分15期發14億5千萬令吉債券。

全程32.1公里的斯迪亞旺沙-班底高速大道,將銜接第二中環大道至聯邦大道附近格靈芝接口,高架天橋多是推高建築費主因。基於未來有很多交替運輸方式,該大道可能面臨低於預期車流量。預測在2020年大道啟用後,每日車流量達9萬9千840輛。

收費大道也面臨大道過路費延宕起價之風險;上述計劃也可能受援助貸款蒙受不利,然而償還款項可延宕,相對債券持有者有更低風險。該債券期限料達10年至23年。(星洲日報/財經)

欲继续追看北马光明日報22年强股市达人锺观涛对股市的深入分析,请点看http://www.stock369.net

Monday, June 6, 2016

暫不雙邊上市‧高產尼品有信心維持盈利


暫不雙邊上市高產尼品有信心維持盈利

2016-06-05 19:33



高產尼品(KOSSAN7153,主板工業產品組)不排除未來將探討雙邊上市機會,有信心在各種利空因素環繞下維持今年銷售及盈利成長。

該公司董事經理兼首席執行員拿督林寬城在股東大會後對《投資致富》表示,短期內暫無雙邊上市計劃,但不排除未來有需要時會規劃雙邊上市。

長期而言,還不知道會否雙邊上市,若這個計劃可為股東及公司帶來附加價值,不排除會探討。

對他而言,手套公司出走大馬及雙邊上市為錦上添花之舉,因業者依然把製造業務留在大馬,每年還是要繳稅,賬戶上沒有顯著變化,是否出走大馬無太大差別。

但他不否認雙邊上市有助於提高股票流動量,讓更多投資者以當地匯率購股及具有提高海外曝光率的作用。

企業運作需看回基本面,這才是吸引投資者目光的主要元素。只要做好本份,讓業務繼續成長,維持正面展望,無論在哪國上市,都會有投資者青睞。

至於近期馬幣走強、原料漲價、最低薪金制及競爭的影響,他認為對比2015年,目前狀況還在合理範圍。

不否認市場成本及價格壓力將短期衝擊業務,但依然有信心全年可維持銷售成長及盈利。

削價戰影響售價

他坦言,業者削價戰確實影響公司產品售價,但降幅不大,因公司產品較多樣化及高技術含量,主要客戶來自先進國及中型企業,對價格敏感度較發展中市場低,可避免討價還價狀況。

該公司手套產品100%出口,美國佔近50%出口比例,歐洲佔約20%,日本約15%,其餘為其他國家地區。

我們每個月都根據原料及美元匯率調整售價,馬幣弱及原料價格走低,就賺多一點,馬幣走強及原料價格走揚,則少賺一點,這些波動都需要適度管理。

對於2015年,他還心有餘悸,並以可怕來形容經歷過的市場波動。

做生意最怕波動(Volatility),短期內大起大落非好事,這將導致企業難以調整售價成本。對比2015年,截至目前為止,2016年的市場走勢顯得更穩,讓業者有更多時間逐步調整應對。

最低薪調整合理

至於最低薪金制調高對公司的影響,林寬城認為還在可管理範圍內,覺得這個隨著生活水平往上調的制度很合理。

他指出,過去幾年公司陸續減了30%勞力資源,預計在23年內,隨著工廠自動化及電腦化,料再減6070%外勞。

這些計劃都在執行中,預計2年內,隨著技術轉型計劃開跑,新廠逐步投運及舊廠設施提昇,大部份工廠將儘量走向自動化及電腦化,屆時產能將更穩定,效率更高及節省能源。

目前該公司在大馬有15間廠房,年產能220億隻,預計5年耗資6億令吉廠房拓展計劃完成後,年產能料倍增至440億隻。

他預計,隨著巴生及巴丁燕新廠於2017年投運後,產能將按年增長15%,之後再逐步增加4間新廠,促使年產能有望平均增長15%

收購方面,他表示會探討購地,但收購公司不以增加產能為目標,而是遇到具有協同效應的企業才會考慮。

具協同效應
才考慮收購

目前用於建廠的地已夠用,但有機會,也會買地收起來,供未來拓展用途,但收購公司則以`知識產權為目標,如擁有專利產品及特別技術的公司。

他說,目前大馬還未有這種特別包裝技術,還在假設這項新技術設施,預計明年初將推出此類包裝手套,為市場提供不受污染及有助於節省成本的產品,並有望於下半年做出貢獻。

回購10%股票

早前接受《彭博社》專訪時,林寬城表示將回購股票支撐股價。

對此計劃,他表示已獲股東同意回購最高10%股票,但目前還未展開回購行動,因他不希望干擾股價交易。

2015年年報顯示,高產尼品控股持有高產尼品51.06%股權。(星洲日報/投資致富‧企業故事‧文:郭曉芳

欲继续追看北马光明日報22年强股市达人锺观涛对股市的深入分析,请点看http://www.stock369.net

Saturday, June 4, 2016

“第二家園”的願景


第二家園的願景

2016-06-01 19:04



美國《國際生活》雜誌不久前的一份調查報告顯示,馬來西亞憑著可負擔的醫療費用、房產價格與生活成本,以及擁有良好的娛樂與休閒設施,蟬聯亞洲地區2016年最適合退休、養老的國家。

這是外國人看我國多個方面的印象,以他們的角度、價值觀來評定,的確沒有錯,其實,從鄰國新加坡跨越長堤看過來,以上各項因素也值得他們考慮在我國投資產業,打造美好的第二家園

以我國多個州屬具備的優點,確實有條件吸引外國產業投資者,前來我國購買退休房產,自從政府提出第二家園的宏願計劃後,有一些海外銀髮族,先後到我國多個州屬瞭解投資情況,這些州屬包括:吉隆坡、雪蘭莪、檳城、霹靂、柔佛、馬六甲和沙巴。

作為首都的吉隆坡,是最多海外投資者到訪的大城市,也是最多海外買家尋求房產的熱門地點,這裡具備大都市的現代化設施、旅遊景點,還有豐富的歷史、文化氣息,以及許多新穎的高檔產業計劃。

最靠近吉隆坡的雪蘭莪,房產計劃的發展步伐迅速,銜接交通也相當完善,不少國際企業為避開吉隆坡繁忙的交通,選擇將企業總部設在雪蘭莪州的一些城市,例如八打靈再也,至少居住環境沒有這麼密集,而且也有不少國際學校設在雪蘭莪州,是外資選擇產業的理想州屬。

再來是檳城,作為北馬經濟發展走廊重鎮的檳城,除了擁有豐富的文化景緻、美麗的海邊,還有許多美食,由於土地面積不大,因此,房價與吉隆坡已不相上下,不過,對外資的吸引力並未褪色。

在吉隆坡與檳城之間的霹靂州,一樣是以美食和文化建築見稱,生活步伐沒這麼緊張,而且產業價格也是第二家園中相對較便宜的州屬。

從吉隆坡南下大約兩小時的車程,就可以抵達馬六甲,自從被列為文化遺產後,身價翻倍上漲,產業價格也同步走高,每逢假日或週末,遊客絡繹不絕到來,小小的州屬非常熱鬧。

柔佛在大馬半島最南端,與新加坡只是一水之隔,自從成立依斯干達經濟特區後,產業及其他相關領域的發展步伐迅速,吸引不少本地與海外產業發展商進軍該經濟特區,以分享發展的蛋糕。

談到第二家園不能漏掉的沙巴,的確有許多無法抗拒的優勢,例如茂盛的熱帶雨林、清澈的海水、美麗的海岸線,迷人的生態環境,為該州的投資產業加了不少分數。

許多時候,海外產業投資者為了以上吸引人的條件而來,可是,有不少卻失望而歸,因為外國人在我國投資產業的程序,並非他們想像般的簡易,而且首都吉隆坡、柔佛新山治安並未顯著改善,近年來不時發生擄人案的沙巴,已經大大污損沙州給予人們美好的形象。

與此同時,政府在吸引海外買家前來投資產業,是否在醫療這一塊有週詳的考量?假設是銀髮族、是否需要正視他們對醫療的需求?這些都是不能忽略的細節。(星洲日報/焦點評析‧作者:鄭碧娥
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