Archive for February, 2010
Review Of Mieco’s Earnings
by admin on Feb.28, 2010, under Where is Ze Moola?
Blogged previously: A Good Long Look At Mieco Chipboard AgainMieco Chipboard announced its earnings and it did not register a loss. In fact, it registered a profit of 3.489 million. A turnaround in the making? Time to have a look again, yes?Company said the following in its notes.Group revenue in the final quarter of 2009 fell 28% to RM47.8 million from RM66.1 million a year ago due to lower selli……
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XDL - Turtle bought 5,000 shares
by admin on Feb.28, 2010, under Malaysian Turtle
XDL, XiDeLang, is a Chinese shoe maker based in Jinjang. The company went public in KLSE November 2009 but unfortunately from the day the company went public shareholders lost almost 50% within four months. The company looks OKAY fundamentally. The management has been working hard to build a brand in a very competitive sport shoes market. There are at least 3,000 competitors in Jinjian alone. Chin……
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Great Investor — Walter Schloss.
by admin on Feb.28, 2010, under Investment in KLSE
One of the greatest successor of Graham’s value-investment philosophy.
It’s because of him, that I had decided to start an experimental portfolio applying Graham’s net-working-capital strategy. During his investment lifetime of nearly 50 years, Walter had achieved an incredible return rate of about 20% p.a..
Yet, a lots of people never heard about him.So, this is a short introduction about Walt……
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Caveat venditor
by admin on Feb.26, 2010, under Malaysian Turtle
I’ve mentioned before about caveat emptor - let the buyer beware. There is an exception to this principle - caveat venditor - let the seller beware. The seller is responsible for the product liability if there is any fraud, misrepresentation or concealment of facts.While this seems to be a good news but there are a number of practical problems when it comes to share investing. 1. What is the produ……
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Now The Truth Is Out!!!
by admin on Feb.26, 2010, under Malaysia Finance
Now the truth is out, note the similarities … both established in 1892. The resemblance of the fighter cock is uncanny. Ayam = Liverpool, or as one of my learned friends would say: I like football, I like Pool Liver. Now we know the often heard war cry in local stadiums: kaki ayam!!!……
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Now The Truth Is Out!!!
by admin on Feb.26, 2010, under Malaysia Finance
Now the truth is out, note the similarities … both established in 1892. The resemblance of the fighter cock is uncanny. Ayam = Liverpool, or as one of my learned friends would say: I like football, I like Pool Liver. Now we know the often heard war cry in local stadiums: kaki ayam!!!……
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Transmile - Catching Falling Knives & Accounting Lessons
by admin on Feb.25, 2010, under Malaysia Finance
Operating expenses per quarter RM70.9m (1Q2009), finance cost RM8.087m (1Q2009).Operating expense per quarter RM36.8m (2Q2009), finance cost RM6.998m (2Q2009). Operating expense per quarter RM39.5m (3Q2009), finance cost RM7.3m (3Q2009). Operating expense per quarter RM263.6m (4Q2009), finance cost RM6.9m (4Q2009). Naturally one can see that the 4Q operating expense was irregular. It would seem ……
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Fima Corporation Again!
by admin on Feb.25, 2010, under Where is Ze Moola?
Posted on 14th November 2009: A New Look At Fima CorporationFima Corp then was 3.24. Fima Corp today is at 3.22. LOL!Fima Corp announced its earnings last night. Did you see? Did you like what you see?http://sahamas.net/forum54/4549-4.htmlWell that’s it. LOL! Such a quality-less posting…….
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Gossiping About Sentosa RW IR Casino
by admin on Feb.25, 2010, under Malaysia Finance
- S$100 per entry for Singaporeans or S$2,000 annual fee. Still 5 were caught trying to slip through and were charged. The fee of $100 is per entry per 24 hours. That means if you entered the casino at 0001 min past midnite, it will expire 2359 the same date. To remain inside the casino, another $100 is required for the next 24 hours. If you overstay 1 min, you can ……
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Compelling argument but ……
by admin on Feb.24, 2010, under Malaysian Turtle
I have seen a lot smart people making good arguments but sometimes they have overdrive things …… started off with solid argument of the cause but ending with low probability of cause will happen or over-exaggeration of the effects. Consider these argument:-http://www.bloomberg.com/apps/news?pid=20601087&sid=a4MydrE5VOEM&pos=4The argument was China got a problem, it has got a bubble problem, wh……
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