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Tuesday, December 16, 2014

High Target Price stocks

Below are the high target price stocks. I don't know how these target prices are being derived. Look at Benelac, for the past 3 or 4 years, the target price was very high by some brokers, but I don't think then stock price has performed near the target price. Maybe I was wrong because I didn't really follow and monitor closely.

Benelac share price RM0.535, target price RM1.98 by Affin Hwang Capital =  270% upside !!!!!

MKLand share price RM0.325, target price RM0.80 by Public Bank = 146%.

Bumi Armada RM1.04, target price  RM2.35 by CIMB = 125%.

Uzma 1.35 ,   3.81 CIMB =    182%.

SKPetro SapuraKencana 2.28,  6.84 CIMB = 228%

What does it mean? Does it mean that if we buy now, keep one to three years can make 100% to 300%.  Even if we discount some, still can make 200%.

No comment.

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Saturday, December 13, 2014

IJN Heart Screening RM555

3 packages, RM555, RM999 and RM1499.

Why IJN heart screening medical check up? This is the first time we went for heart check up. No problem, just a normal check up. We were thinking that every year we had normal blood test so this year do a bit different.

ECG, treadmill, blood test, chest X-ray, stress test, etc.

Some of our friends have heart problem before the age of 40. And some also passed away before 40. Here IJN they recommend us to go for check up for male above 30 and female above 35. Also especially those who have job stress, I think stock market is stressful for many people because of the up and down, down and up, down and down, down and down and down and then down.

Those overweight, tire easily, smoke and drink, family history, hypertension, diabetes and stroke are also recommended for heart check up.

12 minutes of Treadmill stress test, can see my heartbeat increased from 65 to 165 per minute. Those old people no need treadmill, take medicine to stimulate the heart.

If you go early, before 7.30am, can end before 11.00am.

IJN contact number 0326006421 and 0326006423

Wednesday, November 5, 2014

Why we should buy shares in November

History tells us stocks now are entering what normally is their strongest period for gains. But some investors worry that this year, current events could outweigh history.

Over the past 100 years, the best three-month stretch for stocks has been November through January. On average, the Dow Jones Industrial Average records strong gains in all three months, jumping 1.5% in December alone, according to Bespoke Investment Group.

The S&P 500 shows a similar trend since 1928, the period for which data on that index are available. It has risen an average 3.4% over the three months, nearly double its 1.86% average gain for three-month periods in general.

Many money managers hope to see that now, even though stocks aren’t cheap.

“The fact that stocks in the U.S. are a bit stretched, which they are, doesn’t prevent them from moving ahead in the next three to six months,” said Russ Koesterich, chief investment strategist at BlackRock Inc., which manages $4.32 trillion.

Stocks have risen despite high prices all year. They rebounded from sharp pullbacks in January, April, July, September and October. The Dow is up 4.9% for 2014 and the S&P 500 has risen 9.2%, with both at record highs.

Investors offer several reasons for the November-to-January strength. Year-end is when many companies record their biggest sales, as consumers spend on the holidays and businesses invest in equipment for the new year. And January is when some retirement funds put fresh money into accounts.

But the higher stocks go, the more skittish investors become. The S&P 500 has almost tripled since its 2009 low and trades at 18.7 times component companies’ net profits for the past 12 months. That is well above its long-term average price/earnings ratio of 15.5, Birinyi Associates calculates.

With investors sitting on big gains, they are quick to take profits when they face anxiety about slow global growth, tensions with Russia or expectations the Federal Reserve will raise interest rates next year. So far, they have overcome their worries, most recently because of positive earnings reports, better U.S. and European economic numbers and a huge new Japanese stimulus program.

The risk is that investors could sell again if they get more bad news about earnings, the economy or global tensions.

“There are so many things that could shock markets that I think are very fully valued,” said Michael Farr, president of Farr, Miller & Washington, which oversees $1.1 billion in Washington. “I would caution investors to make sure they have a seat when the music stops.”

Mr. Farr has focused on conservative stocks that tend not to fall as heavily in downdrafts, avoiding stocks such as Facebook Inc. and Twitter Inc., he said.

There are reasons for worry: The pullbacks’ frequency has increased, and the October one was particularly sharp. And other types of investments are signaling that the world economy remains troubled.

Investors are holding large sums in the relative safety of U.S. Treasury bonds, which has kept bond prices high and yields low. The appetite for Treasurys reflects doubts about the global economic and political outlook.

With the Fed ending its long-running bond-buying program and preparing to raise target interest rates, many bond experts thought Treasury yields had to rise. But after starting the year at 3%, the yield of the benchmark 10-year Treasury note finished Friday at 2.335%.

Oil shows a similar pattern. Crude-oil futures finished Friday at $80.54 a barrel, down 18.2% for 2014 and off 11.6% in October alone. Soft oil demand is widely seen as a sign that China’s economy is slowing, crimping its need for raw materials. Industrial metals have behaved similarly.

Corporate earnings also could be better. With two-thirds of big companies reporting, their profits are up 7.3% for the third quarter. That is above the 4.5% analysts projected at September’s end, but below the 8.9% they expected in June, said John Butters, senior earnings analyst at FactSet. The results look good mainly because analysts cut their forecasts, notably in the weak energy and financial sectors.

“Overall, the numbers have come down and the companies have turned around and beat those estimates,” Mr. Butters said.

Analysts now are cutting estimates for future sales and earnings, at a time when investors believe companies need to boost sales to keep record profit margins up. Analysts now forecast 2.6% fourth-quarter sales gains, down from 3.8% forecast at the end of September.

And yet, money managers see reasons for optimism.

In addition to stocks’ normally strong performance from November through January, stocks also do well following off-year congressional elections and at the end of lame-duck presidential terms. That is true even when stocks have risen a lot in the previous year or two. Stocks also often advance when Washington is gridlocked, said Bespoke Investment Group’s co-founder, Paul Hickey.

And slow earnings and economic gains aren’t necessarily bad, especially if they hold down interest rates, inflation and wage gains. Capital costs and wages are two of the biggest expenses companies face, and keeping them low boosts profits.

“This slow, grinding growth, with very low interest rates and not much in the way of wage gains” is why profits are so high, said Mr. Koesterich of BlackRock. “Margins are a lot higher than people thought they would be, and they are staying there.”

“We could lose some steam as the Fed starts to raise rates” next year, he added, especially since Congress isn’t likely to spend on economic stimulus. But even then, he said, rates should remain so low that they shouldn’t derail the market.

The Wall Street Journal

Saturday, October 25, 2014

Hong Leong Bank Credit Card 10% Cash Back

Maximize your returns with the highest, fixed cash back in town. Enjoy 10% cash back on your chosen spend categories all year round. Use it when you want it, where you want it.

Just make a minimum of any 10 retail transactions monthly (with a minimum of RM50 per transaction), you’ll get to enjoy the 10% cash back on your spending in the selected categories of your choice.

Frequently Asked Questions

How many cash back categories can I choose to enjoy for the 10% cash back?

You can select a maximum of two categories, in addition to one default bonus category (at current, the default bonus category is ‘Mobile') offered by the Bank to enjoy the 10% cash back.

When can I make my selection of cash back categories? Are there any cost/ fee incurred for the selection?

Selection of cash back categories is available in the card application form. All new enrolments at the point of application will be free of charge and will take effect upon card approval.

How do I earn the 10% cash back?

Just swipe a minimum of any 10 retail transactions monthly (minimum of RM50 per transaction) to activate the 10% cash back on your selected cash back categories.

Is there any capping on the cash back amount?

The cash back is capped at a maximum of RM100 per month.

Can I switch the selected spend categories after enrolment?

Yes, you may switch the cash back categories any time, throughout their card tenure, to suit your lifestyle and to maximize the cash back reward earned. For each switch of cash back category, a one-time maintenance service fee of RM10 will be charged at the point of maintenance and it will be effective on the following calendar month. Bonus category is NOT applicable to switch, except if amended at any time by the Bank.

How do I confirm if the switch has been made?

You will receive an SMS blast upon maintenance is conducted. < Eg. RM0.00 HLB - Your HLBB card ending 2525 has been debited with MYR10 for account maintenance. The new selected category – TRAVEL will be effective from JAN13>

Where do I make the switch?

You may switch categories via:-

Hong Leong Contact Centre at 03-7626 8899
Download the category maintenance form from
Walk-in to any Hong Leong Bank branches

Is Supplementary Card' retail transactions accumulated into the total number of swipes to meet requirement of 10 retail swipes per month and are those transactions eligible for 10% cash back also?

Yes, all posted retail transactions on supplementary card will be taken into account as per principal card. However, cash back earned will be credited into the principal Cardholder account only.

When will the cash back be credited into Principal Cardholder's account?

The cash back will be calculated at the end of each calendar month and will be credited to the principal Cardholder's account on the 28th of the following month. Cardholder will see this reflected in their statement then.

Are there Reward Points earnings on the Wise Credit Card?

There are no reward points for the Wise Credit Card.

Does the Wise Credit Card offer automatic insurance plans?

The Wise Credit Card does not offer free insurance plans.

Do I enjoy any cash back on other spend outside of enrolled cash back categories?

No, you are eligible for the 10% cash back on retail transactions based on your selected cash back category.

How will I know which merchants are eligible for cash back in a particular category?

An extensive range of merchants who are eligible for cash back are listed here and it will be updated periodically. Do note that cash back will be awarded based on merchant's corresponding Merchant Category Code (MCC) being assigned on each categories. The assignment of merchant category for each merchant is subject to classification by respective acquiring banks.

Do I earn cash back for overseas transactions in my selected cash back categories?

Yes, as long as the transactions are for merchants whose MCC corresponds with Cardholder's enrolled cash back categories. Eg. You spend USD100 in a restaurant in Los Angeles, and one of the cash back categories is Dining. Hence, you'll get 10% cash back in that category in local currency after conversion at prevailing exchange rate minus any administrative fees.

Which retail transactions are eligible for the minimum 10 swipes?

Eligible retail transactions include local and international retail and online purchases, recurring payments, insurance premiums, 0% Interest Easy Payment Plan (one time principal amount only) and Easy Payment Installment Plan (one time principal amount only); EXCLUDING, cash advance, balance transfer, Cash-on-Call, Call-for- Cash, Flexi-Payment Plan, fund transfer, fees and charges imposed by the Bank.

Are the retail transactions in a calendar month are counted based on posting date or transaction date?

Retail transactions in a calendar month are counted based on transaction posting date. Cash-Back is awarded based on the total posted Ringgit amount of eligible retail purchases charged to the Wise Card.

Are both Aeon Big and Aeon's supermarket are classified as Groceries Category to enjoy 10% cash back?

For Aeon, only Aeon Big is classified as Groceries Category to enjoy 10% cash back. All other supermarkets in Aeon's outlets are NOT classified as Groceries Category to eligible for cash back. The assignment of merchant category for each merchant is subject to classification by the respective acquiring banks.

If I were enrolled for Petrol category, can I enjoy the petrol cash back at any petrol stations? And, are both card transaction at petrol pump/ automated fuel dispenser and cashier counter eligible for petrol cash back?

Yes, you may enjoy petrol cash back for card transaction at automated fuel dispensers, applicable to any petrol stations.   But, card transaction at petrol station's cashier counter will not be eligible for petrol cash back as the swipes at counter may include miscellaneous purchases, eg. food, drinks, etc.

Can I apply for Wise card if I am currently holding another Hong Leong Bank credit card?

Yes, you may.

Source: HL Bank

Tuesday, October 21, 2014

Why I have not heard of this insurance plan before?

We normally heard of savings, medical or hospitalisation, education, etc. But after many years, some of the points I have gather the information for myself:

Hospitalisation. If anything happen, insurance will pay. Some people didn't buy. Why? If anything happen, go government hospital. I thought I can agree with that. But recently a friend of mine have a very bad encounter with government hospital. Long que. Wait. Scan and come back weeks later. Furthermore, kidney dialysis need to go private.

A friend of mine got high blood pressure, then the insurance premium shoot up very high. Some insurance will not accept if we already have existing sickness.

Savings Plan. Some don't like savings, because if anything happen, can the savings plan cover? Enough? But now we may want to buy more savings plan, because if anything happen, family have a lump sum of money.

Another friend of mine also, unable to work for 8 months, he said few more months will have no pay.

What is something new to me is Travel Insurance. I know what is it, but now I know how important it is.

Travel insurance. Someone I know just traveled oversea, fell sick and incurred very huge medical bill even in the government hospital because he is a foreigner in that country. He bought insurance, so can cover some of the cost.

If we trapped in the underdeveloped country, going to die because lack of medical support and need airplane to fly us home, you think airplane will fly you home? You need all those life support, and that probably cost few hundred thousand to fly you home. How? Make sure your travel insurance cover that.

Saturday, September 20, 2014

How young people make money from stock market?

Recently while we were having lunch, one of them mentioned that she heard of one insurance savings plan.

Brief features:
Pay X amount for 6 years. That’s all.
2nd year onwards every year will get Y amount and end of 20th year will get one big lump sum.

I have a family member who is interested to start investing in stock market, but his interest is at boarder line. I can see that after a while he may stop.

Stock market is a patience game, we need to be patient. Depending on the timing also, the first two years may be losing money.

Especially young people, the fund invested is small so the profit also small. Sooner may stop investing.

If he starts to lose money after few months, he may stop.
Because of his age and lack of money, even if he make profit the profit will be small and he may lose interest.

So I got an idea. Rather than tell him to start investing long term, we start a saving plan. Just like what I heard from the insurance plan.

His savings plan:
RM1000 per month for the next 3 years.

He managed to get minimum RM8 brokerage.

Buy every month based on fundamental stock, RM1000 per trade (Dollar Cost Averaging) 

After 3 years he would have saved RM36,000. If the timing is right, then may worth much more, but if the timing is wrong then may worth less. No worry, because sooner the stock will start to go up.

Forget about the profit or loss, treat this as a savings plan. With RM36,000 after 3 years, then 10% will see some RM3600 profit. 20% will be RM7,200 profit. After another 3 years, total is 6 years of profit and if with additional savings, quite a big sum for him to manage. Then it will be very excited because he will be managing a big fund.

Of course, those who from rich family can just ask their father to give them RM500,000 to start with. But I’m talking about an average working class family.

Therefore, for him to get involve in stock market, to prevent half way stop investing due to loss of interest, then start think of savings rather than profit and loss. With that in mind, he will stop think of profit and loss for the first 3 years, just save and invest. That will make him overcome the patience problem for the first few years. After few years, as he will be managing a big portfolio, that will not be so boring and by that time he would have experience of managing his portfolio years and seeing result.

This year has been a good year for me also.
Thong Guan, MKH, Scientex, Matrix up.

I think my Thong Guan made more than 100% already. The current price is after Rights Issue,

Think savings.

About Me

Dollar Cost Averaging and PEGGY Method. Sharing info on cheap (low PE) company with high growth, low Gearing or Net Cash and High Dividend Yield.



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The information contained in this blog is my personal diary and has been prepared solely for myself. Without any previous reading material or discussion, by just reading my blog contents, reader may misunderstand the contents.
All the contents I am talking to myself and most contents are hypothetical or imaginary. I REPEAT !!! most contents are hypothetical or imaginary!!!!!
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