ECS Highlights of 2012

Expanded tablet PC range

– Appointed by ASUS to distribute the Google Nexus 7 tablet PC in Malaysia

– Now a major tablet PC distributor to the local market, with extensive product model portfolio from Apple, Samsung, Asus and Lenovo

Established new smartphone distribution channel

– Signed distribution agreement with China’s Huawei to distribute the Huawei Ascend P1 smartphone

Enhanced Enterprise Systems portfolio

– Appointed by Huawei to distribute its full range of enterprise systems products and solutions

Undertook 1-for-2 Bonus Issue

– Implemented on 31 October 2012

– Group’s share capital increased to 180 million shares of 50 sen each (from 120 million shares of 50 sen each previously)

Investment Merits (as at 30 Apr 2013)

Market leader in ICT distribution in Malaysia 

Domestic ICT market continues to be growth industry 

Cloud computing and mobility devices to be growth catalysts 

Net cash position allows for future expansion Dividend policy of 30% payout Single-digit PE valuation an affordable entry into ICT growth proxy

Source: ECS Annual Report

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TDM not in full bloom yet

TDM not in full bloom yet.

TDM eyes higher profit this year

2013/04/26 KEMAMAN: TDM Bhd (TDM) expects to record a higher profit this year, contributed by its healthcare segment and its oil palm plantation arm. Chairman Datuk Roslan Awang Chik said of its 40,000 ha landbank in Kalimantan, Indonesia, 11,000 ha of planted area is expected to mature next year, and TDM is building a RM80 million palm oil mill there. TDM expects its 30,000 ha oil palm plantation in Terengganu to also contribute to the profit. "We also expect profit to come from our four healthcare centres, which are operating here and in Kuantan and Kuala Lumpur," he told Bernama when met at the handing over of house keys to TDM staff at Kompleks TDMB in Padang Kubu here. Roslan said last year the company posted a profit for the third year in a row of RM149 million, compared to RM220.6 million in 2011 and RM197 million in 2010.-- Bernama

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Kenanga Upbeat with ECS

Kenanga upbeat with ECS

The casino always wins

When you go to a casino to gamble, you are more likely to lose than to win. More fortunes have been lost than won by people who frequent casinos. This is evidenced by the fact that casinos rake in billions of dollars year after year. Look and Genting as an example.

Do you know why casinos always win? Actually, the answer is quite simple. Casinos always win because you have to play the games accordingly to their rules. And you can be sure that the rules are always made in favor of the house. In other words, the odds are always against you. That's why you lose.

In the stock market, things are different. You don't have to trade or invest accordingly to anybody's rules except your own. Thus, it is imperative for you to set up your rules if you want to win.

My rules are as follows:

01. Insist on value when you buy.
This means you will only buy stocks that promise safety of principal and an adequate or at least a moderate return. The company behind the stock must have strong fundamentals and growth.

02. Never catch a falling dagger.
When a stock is in a downtrend, you must avoid it until the downtrend ends before you buy.

03. Always buy in an uptrend.
When a stock that you like is moving in a tight narrow side trend, keep a close watch on it. Buy in the upside breakout. If you miss that, then buy in the pullback.

04. Write down the reason as to why you buy a particular stock. If you don't have a good one, don't buy.

05. When you are ahead, don't allow fear to control you. A premature sale is a most common mistake. You can never become rich making pennies. Most people cut profit early and regret later. Don't be one of them.

06. Never buy liabilities.
A rubbish share is a liability. A stock with high debts and no earnings or dividend payouts are rubbish shares. These must be avoided.

Every one of us is different in character and financial standing. If the above rules are good for you, follow them. If you don't like them, choose your own.

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Hell has no fury like people scorned

Upper most, In the mind of everyone, is the GE13. Never in the history of Malaysia has the opposition a better chance than now to wrestle control of power from the ruling party. Not only the young and educated are firmly behind the opposition, the older generation and those who know how to use a computer, ipad or smartphone are in the same boat.

The wind of change has commenced. The spirit of righteousness is awaken. Like wild fire, it is spreading quickly far and wide; its intensity severe and demanding.

Ubah! ubah! ubah! Reformasi! reformasi! reformasi, these are being heard loud and clear. The people's power is in action now.

Hell has no fury like people scorned. Corruption, cronyism, crime and violence have angered the people. They are now bent on change, and change of the government is what they want.

By the May 6, 2013, we shall come to the end of the tunnel. Who's going to rule Malaysia from then? At the moment, it is still anybody's guess. The opposition appears to be the underdog, but its strength should not underestimated. It has a very good chance to surprise and surprise immensely.

What's going to happen to our stock market if PR wins? I believe that foreigners will like it because corruption will not longer be present, at least for the time being.

I would not be surprised if the market jumps some 20 points to create a new high immediately after the change of guards.

God bless Malaysia.

Pos Office Special Dividend Likely

HwangDBS Vickers Research in a report in December said Pos Malaysia has tax credits amounting to some RM317mil which is expiring by Dec 31, 2013, and is likely to declare a special dividend of 59 sen per share in the near future.

It said Pos Malaysia is a cash cow, supported by RM1.24 per share net cash or RM665mil by end-financial year 2014. Read more.