Saturday, July 28, 2007

One for your portfolio

VADS is 66.91% owned by Telekom Malaysia Bhd (TM) as at 31.3.2007. Its core business activities are: Managed Net Work System, System Integration Services, and Contact Centre Services.

The company has 15 years of uninterrupted growth from 1992 to 2006.

Its vision is to be the leading Managed ICT Services Provider in Malaysia.

In 2002, VADS was listed in the Second Board with an offer price of RM2.10.

In 2003, it signed with AT & T to provide high speed international Managed Network Services to over 60 countries.

In 2004, it achieved Cisco Silver Partner status.

In 2005, it was transferred to the Main Board after a bonus issue of 1 for 2. In the same year, it won the Cisco Best Managed Services Partner award as well as the IBM Platinum award.

Besides in-sourcing business from TM group, its other customers encompass other industries with includes banking, insurance, shipping, power & telecommunications

For fiscal year 2006, its EPS was 52.9c. This compares well with EPS of 28.7 sen for 2005.

For the 1st half year ended 30.6.07, EPS jumped to 34.84. The 2nd quarter, in particular, shows phenomenal growth. EPS stand at 21.51 sen. This is a 96.79% improvement over the previous corresponding period of last year.

With some overseas contracts coming on stream, earnings will continue to grow unabated and with greater momentum as well.

The growth potential of this small-cap stock is immense and commendable. Recently, the company announced a share split of 1 into 2 and an interim dividend of 17 sen tax free.

OSK Securities has upgraded its share price to RM10.50 per share.

CEO Dennis Koh Seng Huat and his team have done superbly. May their splendid run continues.

A small-cap stock with explosive earnings growth is the key to great wealth.

As usual, this blog disclaims all liability for its comments.


Thursday, July 26, 2007

English is interesting, flexible, funny and crazy

We have nose that runs and feet that smell. 

Boxing rings are square. 

Quicksand takes you down slowly. 

There is neither pine nor apple in pineapples.

French fried potatoes are not from France

A French kiss is a play of the tongues. 

You can have a Dutch wife as your sleeping partner without incurring the wrath of your wife. 

While it’s normal for you to go Dutch when you take your lunch with your friends, you can’t take French leave without facing the sack.

A ladybird is not a bird but a beetle with short legs and is usually brightly colored.

A secretary bird is a large bird of prey. It feeds largely on reptiles and is an expert in catching snakes.

When  stars are out, they are visible. When lights are out, they cannot be seen.

You can burn down a house by burning it up.

A vegetarian is one who eats vegetables. So, what does a humanitarian eat?

While you can cool your body with a cold bath, you can actually hot up the night with some cold beer.

A stop-loss is to limit your loss; a trailing stop-loss is to lock in your gains.

An inside tip is actually an outside chance to riches.

A bear lumbers; a bull charges, a stag bounds, a pig trots, a peacock struts, a rabbit leaps, a mouse scampers, a cat steals and a bird flies.

The stock market has the most talent. It can break out, gap up, crawl, climb, jump, fly, hit the top and burst through the roof. It can make you feel sad, frustrated, disappointed and sorry. It can also give you joy, glory, happiness and wealth.

English has eight parts of speech. Adjective is one of them. If you have trouble using a series of adjectives to say more about a noun, remember this word, “OPSHACOM” which stands for Opinion, Shape, Age, Color, Origin and Material. Thus we say: It is a lovely round new reddish Malaysian wooden table.

In English, we can use the present tense or present continuous tense to talk about the future. Hence, it is grammatically correct to say:

The bus leaves for KL tomorrow at 9 in the morning.

I am having a party tonight.

Remember, English is flexible. When I wind my grandfather’s clock, it starts to work. But when I wind up this article, I have come to the end of it.

Thank you for reading.

Saturday, July 21, 2007

Contradictory Proverbs

A proverb is a short popular wise saying that states a general truth or gives good advice.
Some proverbs have contradictory proverbs. Below are some selected for light reading pleasures:
  1. Great minds think alike. Fools seldom differ.
  2. Save for a rainy day. Tomorrow will take care of itself.
  3. Life is what we make it. What will be, will be.
  4. Too many cooks spoil the broth. Many hands make light work.
  5. One man’s meat is another man’s poison. Sauce for the goose is sauce for the gander.
  6. Silence is golden. The squeaky wheel gets the grease.
  7. Opposite attracts. Birds of the same feather flock together.
  8. Faint heart never won fair lady. The meek shall inherit the earth.
  9. All good things come to those who wait. Those who hesitate are lost.
  10. Clothes make the man. Don’t judge a book by its cover.
  11. Nothing ventures, nothing gains. Better be safe than sorry.
  12. The bigger, the better. The best things come in small packages.
  13. Absence makes the heart grows fonder. Out of sight is out of mind.
  14. With age comes wisdom. Out of the mouths of babes come all wise sayings.
  15. Two is company, three is a crowd. The more, the merrier.
  16. Actions speak louder than words. The pen is mightier than the sword.
Readers who wish to add more, please do so in the ‘comments’ column.

Saturday, July 14, 2007

The Ant and the Chrysalis

An ant while searching for food came across a Chrysalis. The Chrysalis was at its stage of transformation. The ant, being a boastful one, looked at the Chrysalis and cried contemptuously, “What sad fate; what a pitiable sight! While I can move and run about at my pleasure, and ascend to the top of the tallest tree, you lie imprisoned in your shell with power only to wriggle.”

The Chrysalis heard the Ant but said nothing. A few days later, the ant came back. He saw only the shell of the Chrysalis. He was wondering what had happened when he felt himself shaded and fanned by the wings of a butterfly. Then he heard the Butterfly said: “Behold in me, your much-pitied friend! Get me to listen to your boastings regarding your power to run and climb, if only you can come close to me.” So saying, the Butterfly flitted away and was soon aloft the morning breeze in the sun, leaving the Ant bewildered.

Never despise others. Appearances are deceptive.

Many that are down shall be restored and many that are now in honor may not remain so. At least two sleepy and normally quiet stocks showed some life yesterday. Fima Corp has been in a downtrend since its high of 2.74 in November 2006. It hit a low of 2.08 in May 07. Last Friday, the stock closed at 2.25 with some volume. The stock is 59.82% owned by Fima Metal Box Holdings Sdn Bhd as at 16.6.2006. Yesterday’s glimmer of hope could be an indication of better things to come for Fima Corp. Keep this in view.

The other stock is VADS which closed at 7 with some volume. The correction for this counter appears to be over. OSK said that the stock was worth RM9 plus per share some time ago.

Sunday, July 08, 2007


In life, fear is unavoidable. We fear poverty, failure, illness, disease, sufferings, pains, natural calamites, war, loss of love, old age and death. The list is endless.

Fear leads to worries. Worries lead to miseries. Miseries lead to loss of sleep, loss of appetite and eventually to illness.

Medical science agrees that worries and anxieties aggravate high-blood pressures, diabetes, ulcers and many other chronic diseases.

Fear of poverty is the worst kind of fear. Man is by nature, avaricious. And because of his insatiable greed for riches, man finds satisfaction in preying upon man, not to eat his fresh and blood, but to rob him of this wealth. Thus man also creates fear for man. People can cause you trouble but if you know how to guard yourself, others cannot create worries in your mind.

Each type of fear needs a different approach to subjugate it. For example, if you fear illness, you must adopt a healthy lifestyle; do your exercise regularly and also control your diet. If you don’t want others to take advantage of you, you need to upgrade your skill and enhance your knowledge.

Fortunately man is endowed with the faculty of thought which is controllable. Every human being has the ability to control his own mind. By intelligence, we can mitigate fear. Negative thought creates fear and demoralization. Positive thought brings forth hopes and ideals. By refusing to think negatively, much fear if not all, is eliminated.

A newborn calf has no fear for a tiger because the calf does not know that the tiger can eat him up for lunch. A hunter with his men and guns has no fear for the tiger because he knows that he can kill the tiger before the tiger can cause him any harm.

A professional trader or investor has no fear in the stock market because he knows that he is skilful enough to win. A beginner in the stock market has no fear because he is as naïve as the calf.

Know who you are before you attempt to ‘play’ the market.

Lately, another kind of fear has emerged in the stock market. This is accounting fraud or accounting irregularities. How can anyone protect himself against such fear? (All comments and opinions are welcome.)