Sunday, November 28, 2010

TDM Better Days Are Ahead

TDM is likely to open higher when the market opens for trading tomorrow morning.

The 3rd Qtr result shows EPS of 12.82 sen. For the 9 months ended 30.9.10, the EPS is 27.48. This compares favorably with the same period of the preceding year of 15.29 sen. This better result is achieved because of higher fruit production and higher CPO prices by 7% and 13% respectively.

In the hospital division, the number of patients increased by 5%. The brings about an improvement in revenue and profit by 16% and 38% respectively.

The torn in the flesh continues to be in the poultry industry. Weak demand for processed chickens weakened prices. The sector lost 0.4m for the 9 months. (The company should switch this sector to swiftlet farming.)

Looking ahead, I expect better days for TDM. For the month of October, 2010, fresh fruit productions have increased to 62,127 metric tons from 54,109 in September. This upward trend of fruit production coupled with good CPO prices which are expected to be maintained should result in TDM having an excellent year. My estimated EPS for TDM is about 42 sen per share.

As at 30.9.10, its cash position is extremely strong at RM121,971,000. I am expecting it to pay a dividend of not less than 15 sen per share for the financial year of 2010.

At the last traded price of RM2.43, there is upside potential for TDM. Hold on to your stock unless you have a better stock to switch to.

As usual, you buy, sell, or hold at your own risk absolutely.

Have a great day!

Friday, November 26, 2010

Pumpkin & Lavender Arousal in Men

The smell of pumpkin pie - with a touch of lavender scent mixed in - increases sexual arousal in men more than any fancy perfume, according to Chicago's Smell and Taste Treatment and Research Foundation.
Read more.

Thursday, November 25, 2010

Iskandar Malaysia

The first of its kind, Iskandar Malaysia has been allocated RM6.83 billion by the Government. Encompassing a vast acreage of land, it is the largest single development project ever to be undertaken in the region.Because of its strategic location, accessibility to leading Asian cities, proximity to some of the world's most rapidly growing and important economies, and a range of attractive fiscal incentives, Iskandar Malaysia is poised to attract an exciting influx of foreign and high-level corporate investments as discerning investors look to benefit from its many advantages and high growth potential.
Read more.

Friday, November 19, 2010

Cholesterol - The Silent Killer

Cholesterol is deadly - very few people get a second chance when they ignore their high cholesterol or fail to control it. Controlling cholesterol is vitally important.

What you may not realise is that a cholesterol caused stroke could occur anywhere in your body. If the cholesterol doesn't kill you, it can still be very disabling. I saw a photo of foot that had had a stroke caused by cholesterol. It looked yuk and the person may have been going to lose it.

People can lose their eyesight when cholesterol deposits build up in the blood vessels feeding the eyes, even dementia may result from the effects of cholesterol buildups in the veins and arteries feeding the brain.

High cholesterol is not a game, you may feel well, but cholesterol can still be doing it's thing... That's why cholesterol is called a silent killer. Read more.

Quantitative Easing Explained

“The printing money is the last refuge of failed empires and banana republics and the Fed does not want to admit this is their only idea.”

Wednesday, November 17, 2010

Sime Darby tries to recover losses of 2.1 billion

Sime suffered RM2.1bil losses in its E&U division in the financial year ended June 30, resulting in its group chief executive Datuk Seri Ahmad Zubir Murshid being asked to take a leave of absence.

Chairman Tun Musa Hitam told shareholders that Sime would leave it to the MACC and SC to take further action against those responsible for the losses. Read more.

Tuesday, November 16, 2010

Advanced Battery Technologies Announces Third Quarter 2010 Financial Results

Mr. Zhiguo Fu, CEO of ABAT, stated, "We are pleased to report an increase in our revenue attributable to medium and large capacity batteries and electric vehicles. This has been beneficial to the profitability of our overall business. The margins that we are able to achieve in selling larger capacity batteries are significantly greater than the margins we achieve in selling smaller capacity batteries. In order to meet higher demand from both battery and electric scooter markets, the company intends to accelerate growth by both adding more facilities and pursuing acquisition opportunities."

Third Quarter 2010 Financial Results

The Company recorded total revenues of $25.9 million for the three months ended September 30, 2010, an increase of $8.2 million or 46.4% compared to $17.7 million for the three months ended September 30 2009. The increase in revenues was primarily due to the sales generated from the electric vehicle business, which the Company acquired on May 4, 2009. Sales of electric vehicles for the three months ended September 30, 2010 were $13.9 million, compared to $6.7million for the three months ended September 30, 2009. Read more.

Monday, November 15, 2010

• Contract marks Company’s first project in Libya • Plant to produce 40,000 m3 of desalinated water per day
Singapore, 15 November, 2010 – Mainboard-listed Hyflux Ltd (“Hyflux” or “The Company”) has been awarded a contract worth about USD 100 million to carry out engineering, procurement and construction (“EPC”) works for a seawater desalination plant at Tobruk in northeastern Libya. The project is the first in the country for Hyflux.
The contract was awarded by the General People’s Committee for Utilities of the Great Socialist People's Libyan Arab Jamahiriya (the Ministry of Utilities in Libya), the result of an international bid held earlier in the year.
The desalination plant, which will use reverse osmosis technology, will produce 40,000 m3 of desalinated water per day when fully operational. Construction works will commence upon satisfaction of conditions set in the EPC contract and will take 24 months from receipt of the Notice to Proceed.
Ms Olivia Lum, Group CEO of Hyflux, said: “Even though this project is not as sizeable as some of our other projects, we are pleased with our increasing presence in North Africa beyond Algeria.”
The contract also includes operations and maintenance of the desalination plant for a period of three years from the start of commercial operations of the plant.

Sunday, November 14, 2010

F & N

For the financial year ended Sept 30, 2010, the group's profit after tax (excluding the gain of divestment of the glass operations) rose 48.6% to RM307mil versus RM206.5mil in 2009.

Revenue grew 11.2% to RM3.6bil compared with RM3.3bil.

The divestment of the glass operations resulted in a gain of RM382mil. Read more.

Saturday, November 13, 2010


Genting Singapore plc (Genting Singapore) recorded net profit of S$187.8 million (RM450.8 million) for 3QFY10, down 52% from S$396.5 million in the preceding quarter.

Its revenue shed 24% quarter-on-quarter (q-o-q) to S$744.02 million from S$979.26 million while posting earnings per share of 1.5 cents versus 3.27 cents in the second quarter.
Market consensus expected a drop in profits but not an over 50% plunge in the quarterly earnings. Analysts said the sharp decline could be an indicator that the excitement over the opening of a new casino has waned in the republic. Click here to read more.

Thursday, November 11, 2010

Advance Battery Technology (ABAT)

China Expert Charges Up Advanced Battery (ABAT)
Posted Nov 10th 2010 10:40AM by Steven Halpern
Filed under: International Markets, China, Newsletters, Stocks to Buy, Green Stocks

"China is quickly becoming the global leader in the development and production of alternative energy technologies," says Keith Fitz-Gerald.
The editor of The New China Trader suggests, "One way to play the trend is with Advanced Battery Technologies (ABAT), which engages in the design, manufacture, and marketing of rechargeable polymer lithium-ion (PLI) batteries.
"Founded in September, 2002, Advanced Battery Technologies is officially based in New York. However, it also keeps executive offices in Beijing and Hong Kong, while its manufacturing facilities are in China -- so for all intents and purposes this is a Chinese company.
"The company's PLI batteries are used in electric automobiles, motorcycles, mine-use lamps, notebook computers, and walkie-talkies, as well as other electronic devices.

"With hybrid vehicle technology moving closer and closer to the forefront of many global automakers' agendas as the world attempts to move away from fossil-fuel-based transportation, ABAT's PLI technology could fuel (pun intended) company profits for years to come.

"Speaking of profits, from 2007 to 2009, the company saw revenue and net income increase an average of 43.85% and 45.2% (respectively).

"That's great growth, and with a share price of only $3.99 and a PE of merely 7.70, this company is cheap.

"It sports a very impressive 42.11% profit margin and equally impressive 25.55% ROE, not to mention, it is sitting on $62.4 million in cash and has no long-term debt.

"With a market cap of just $270 million, ABAT still has enormous room to grow in the future. As a matter of fact, Wall Street tags a one-year estimate on the company at $6.00.

"But considering it has beat its last three earnings estimates by an average of 59.04%, I wouldn't be surprised to see the company exceed that price target.

"Buy a 50% position in Advanced Battery Technologies under $4.60 and plan on adding the remaining 50% if ABAT trades below $3.50."

Steven Halpern's offers a free daily review of the favorite stock ideas of the nation's top financial newsletter advisors.

Wednesday, November 10, 2010

This bull run is likely to continue

The present bull run in the Malaysian stock market is likely to continue. The Fed's injection of another US$600 billion into the US economy is a strong catalyst to boost the stock market further.

HwangDBS Investment Management Bhd chief investment officer David Ng said at a briefing yesterday that the local market could very well experience the bullrun of the early nineties when stocks were traded up to 30 times price-to-earnings ratio largely as a result of all the cheap money. Click here to read more.

Tuesday, November 09, 2010

Construction firm Ahmad Zaki Resources Bhd (AZRB) (7078) is selling its entire 21.26 per cent stake in Eastern Pacific Industrial Corp Bhd (Epic) to Lembaga Tabung Amanah Warisan Negeri Terengganu for RM111.5 million.

The proposed disposal, once completed, will eventually increase the Terengganu state government's shareholding in Epic from 39.9 per cent currently to over 60 per cent.


Thanks to AZRB and the Terengganu state government, the price of EPIC shot up to a high of 2.62 when the market opened this morning. At the time of this post, the price is traded at 2.44 for a gain of 35 sen. If I am not mistaken, I think the price that AZRB agrees to sell is 3.099 sen per share.

Monday, November 08, 2010


Hyflux has announced a bonus issue of 1 for 2. The stock moved up to a high of 3.38 before closing at 3.35 for a gain of 17 cents at this morning's trading in SGX.
I think the stock has more upside.

Friday, November 05, 2010

You plan to fail, if you fail to plan

Speculation, rumor, manipulation and insider trading are necessary evils in the stock market. They are necessary because without them the market will be more dead than alive.

Creating a false market is manipulation. While the man in the street will lose because of manipulation, professionals in the game of trading will win. These are the experts in chart reading. As for insider trading, the insiders have a very high percentage of winning. But sometimes, they lose as well. This is because "big snakes eat small snakes." Think about it; you will know what I mean.

For one general to succeed, thousands have to die. Thats what happened in a war. And when you are in the stock market, you are in a war. This is especially true when you trade or speculate.

Every trade you do is a battle between you and someone. If you make a profit, you are the winner and the smarter of the two. If you lose, it's the other way round.

Next time, when you are about to buy a stock, ask yourself why you are buying it. Is it for investment or for trading? How much do you know about the stock? How much do you expect to make? And how much do you expect to lose, if things go against you? Don't forget that you are pitting yourself against some of the best brains in the world.

The stock market is not the place for you to have some fun. Here, your hard-earned money is at stake. Be serious about it, or very soon your money will bid you farewell or say bye-bye, and leave you frustrated and demoralized.

Easy money is not easily made. You can be sure of that. Over the counter, you see nothing, but under it, much have been done. Plan your trade well. Remember this adage: If you fail to plan, you plan to fail.

Thursday, November 04, 2010

Greater KL/KV

Greater KL/KV covers 10 areas namely Kuala Lumpur Putrajaya, Shah Alam, Petaling Jaya, Klang, Kajang, Subang Jaya, Selayang, Ampang Jaya and Sepang with a combined population of six million contributing RM263bil or 30% to the nation’s GNI. Click here to read more.

Wednesday, November 03, 2010

So You Think

So You Think is sold for RM185m. In the recent Melbourne Cup race, it came in third. The Malaysian-owned champion belonged to Datuk Tan Chin Nam.

Is there hope for Kenmark?

Kenmark is now officially a financially-troubled company and it has to work on a plan to improve its financial health or risk being taken off the stock exchange.

Read more here.

No Plastic Bags from Jan 01, 2011

The ruling will cover all hypermarkets, supermarkets, departmental stores, pharmacies, fast food restaurants, nasi kandar outlets, convenience stores including petrol kiosks and chain stores. Read more here.

Its a great move for a better environment. I believe this ruling will be followed by other states and by other countries as well. Companies making plastic bags will be hit badly. Which are these companies that are listed at Bursa? Please share if you know. Thanks.

Monday, November 01, 2010

Just For Laugh

Counters that were formally under MESDAQ are now known as ACE counters. Before you buy anyone of these counters, do you know what ACE stands for? I have asked some of my friends and remisers, but none of them know. Having thought about it for awhile, I come up with this answer. It stands for: Absolutely Corrupted Enterprises. Have you got a better idea?