KL Market

Turtle Portfolio - Sept 2010

Posted on Aug.31, 2010 by Malaysian Turtle

(Click on images to see details) Sold 1,000 shares of SapuraCrest yeterday. Received $ 888 for the month of September, just a routine saving.Return on capital since inception = 17.77%.$ 7,300 ++ available cash, will be handy if opportunities show up during next market correction.The market is at the very interesting twist. More comments will come later. ——————————————–……
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Amount Owed By AirAsia Subsidiaries!

Posted on Aug.30, 2010 by Where is Ze Moola?

I had mentioned before the fact that AirAsia’s subsidiaries owes AirAsia a lot of small change!In the posting on 19th Aug 2010: Review Of AirAsia EarningsI would like to see AirAsia collect all the money due from its associates! It’s no small change.1 June 2010: How Good Is AirAsia’s Latest Earnings?Look at all the amount due from ‘jointly controlled entity’ and amount due from associates.The sum ……
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Xidelang Holdings Limited

Posted on Aug.29, 2010 by Investment in KLSE

In early July, this company came into my sight when I was browsing through the postings in Investalks Forum.
Once I saw it, my eyes just can’t move away from its unbelievable low price — a PE as low as 2!
After several days of study and collecting information, I found that its financial situation and growth potential is great. Then, I decided to buy it at 36.5sen. Here’s some attractive numbers ……
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Being feared of missing next rally or avoiding the train wreck?

Posted on Aug.29, 2010 by Malaysian Turtle

The market breath has been negative even though the FBMKLCI breaking many new highs. There are only two out of last ten trading days managed to have more rises than falls.If you look at the FBM Small Cap Index - one of my indicators to measure the risk appetite - appeared to have rolled over. From valuation stand point, it does not appears that we are at the peak of the cycle. We are slightly abov……
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Marketocracy Portfolio As At 27 August 2010

Posted on Aug.29, 2010 by Malaysia Finance

price history SMF m100 S&P 500 DJIA Nasdaq Graph Period: [7 Days] [30 Days] [90 Days] [6 Months] [1 Year] [2 Years] [3 Years][4 Years] [5 Years] [Since Inception] recent returns vs. major indexes ……
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Good Deals, Bad Deals, Win-Win Deals

Posted on Aug.27, 2010 by Malaysia Finance

The way a company handle acquisition and disposal of assets tells us a lot about management’s savvy and the way they would handle corporate strategy. London Biscuits / Lay Hong / QLI like QL and London Biscuits, but following the deal, I would have to take London Biscuits off the list. I liked their expansion plans, but obviously London Biscuits had no inkling of how to leverage, improve, rebrand,……
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Regarding JCY International

Posted on Aug.27, 2010 by Where is Ze Moola?

JCY was listed on 25 Feb 2010. It’s performance since listing (ipo price was 1.60) have been rather dire.Now UBS AG and CIMB are joint managing underwriters and bookrunners for the IPO.And since this is a very ‘new’ stock, I would refer to CIMB Research IPO notes on JCY.But there was not IPO research notes on JCY from CIMB Research!They only began coverage on the stock on 19th April 2010. JCY then……
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Regarding London Biscuits Borrowings

Posted on Aug.26, 2010 by Where is Ze Moola?

Given the fact that I had already made two blog postings on London Biscuits, I felt no motivation to make another posting until I saw the following coverage on the Edge Financial Daily: Did London Biscuits sell the wrong ‘egg’?Yes, until I saw the following statement in that article.The company currently sits on a cash pile of RM15.61 million. Its borrowings, which consists of term loans, bank……
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Tanah Pusaka by The Solianos

Posted on Aug.26, 2010 by Malaysia Finance

Readers of this blog will be aware of my strong support for Leslie from pop pop music label. His stable of artists have churned out excellent audiophile recordings by JZ8, 2V1G, Roger Wang and Gina Panizales. I have been a fan of The Solianos through the years, but mainly listening to their interpretations of jazz standards and the occasional Malay songs.Don’t get me wrong, I love Gadis Idaman Ku,……
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Review Of Fajarbaru’s Earnings

Posted on Aug.26, 2010 by Where is Ze Moola?

Fajarbaru reported its earnings last night. This posting is an update to the following two postings.A Quick Look At Fajarbaru BuilderFajarbaru Venturing More Into Property Development Here’s the updated table.At first glance the earnings looked to good. :PFrom the company’s earning notes.The Group registered a profit before tax of RM13.735 million for the current quarter as compared to the precedi……
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