tag:blogger.com,1999:blog-9212230152177138609.post4649711172645969971..comments2024-03-25T15:15:18.172+08:00Comments on Bursa Dummy: My Portfolio Jul21Bursa Dummyhttp://www.blogger.com/profile/02242116696140987141noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-9212230152177138609.post-75942055703094956482021-08-18T22:11:18.841+08:002021-08-18T22:11:18.841+08:00Even though KPower might not achieve EPS above 4se...Even though KPower might not achieve EPS above 4sen every quarters, yes I agree that it's undervalued now. LSS4 EPCCs will be awarded next year and it might have chance to secure some.Bursa Dummyhttps://www.blogger.com/profile/00838785922827430371noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-32894062280390917952021-08-15T23:36:16.621+08:002021-08-15T23:36:16.621+08:00i actually entered into Kpower recently, for simpl...i actually entered into Kpower recently, for simple reasons. The share price does not reflects the current earnings experienced. With 4c eps per quarter, thats 16c annually.. current market forward projected it at 4-5x only.. We are talking about an industry that has very bright prospects as investors world wide gets more ESG centric.. Once serba's case is cast off, it will regain its valueUnknownhttps://www.blogger.com/profile/05560914203152585364noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-54111199970971860242021-08-15T20:49:34.554+08:002021-08-15T20:49:34.554+08:00It seems like O&G is considered as a sunset in...It seems like O&G is considered as a sunset industry now.Bursa Dummyhttps://www.blogger.com/profile/00838785922827430371noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-6427266570332401542021-08-15T20:42:39.128+08:002021-08-15T20:42:39.128+08:00Ya, I also feel the same. I'll look for a good...Ya, I also feel the same. I'll look for a good entry price.Bursa Dummyhttps://www.blogger.com/profile/00838785922827430371noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-77116475812751481842021-08-15T20:40:59.417+08:002021-08-15T20:40:59.417+08:00The 40sen EPS is based on increasing revenue and i...The 40sen EPS is based on increasing revenue and improved efficiency after the improvement project. The write-off and write-down items of the past 2 quarters also seem more than usual which I hope will "normalize" in the future.Bursa Dummyhttps://www.blogger.com/profile/00838785922827430371noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-87066021400517737692021-08-09T15:56:39.598+08:002021-08-09T15:56:39.598+08:00"The share price of Hibiscus who is a direct ..."The share price of Hibiscus who is a direct beneficiary of recovering crude oil price, surprisingly did not perform well despite Brent oil stays above USD70."<br /><br />This Hibiscus is also a disappointment to me. Other O&G stocks also performed poorly in recent months. When oil price rose, their stock price did rise too but the magnitude is small. When oil price fell, their stock price fell back even more...I think O&G stocks are not "in fashion" now. Hope this trend will change in coming months.value88https://www.blogger.com/profile/14876933285749820353noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-54203774521828426502021-08-09T15:51:44.822+08:002021-08-09T15:51:44.822+08:00"I won't rule out reinvesting in both SCI..."I won't rule out reinvesting in both SCIB & KPower if the outcome of the Serba Dinamik saga is favourable to both companies."<br /><br />I somehow "feel" that the independent audit result will be favorable to Serbadk, and the new external auditor will be able to complete the new fiscal year audit report by Oct'21. One of the reasons is Karim acquired 10mil unit Serbadk stocks on 14th July; he does not need to do that if he has no confidence on audit results, especially after being force-sell some of his Serbadk stocks back in Jun'21. More importantly, many of the KPMG's audit findings were really trivial and should not blow up to such alarming level.<br /><br />Anyway, this is just my speculation based on info I can gather; I could be wrong. But, since I have taken my stand, I also have placed my bet accordingly. I do not deny that I am a high risk taker, I hope my investment character won't bring me disaster..:pvalue88https://www.blogger.com/profile/14876933285749820353noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-1939780686340711072021-08-09T15:50:01.921+08:002021-08-09T15:50:01.921+08:00This comment has been removed by the author.value88https://www.blogger.com/profile/14876933285749820353noreply@blogger.comtag:blogger.com,1999:blog-9212230152177138609.post-58199155830461653632021-08-09T15:38:14.376+08:002021-08-09T15:38:14.376+08:00DKSH - "I predict an EPS of 40sen for its FY2...DKSH - "I predict an EPS of 40sen for its FY21"<br /><br />I owned DKSH years ago and I took a re-look after knowing you bought it in July. I found the followings :<br />i) Its revenue has been growing from FY16 to FY19. In FY20, if not impacted by pandemic, its revenue could have increased YoY. In short, DKSH able to achieve consistent revenue growth.<br />ii) However, its reported PATAMI in past 5 years (FY16-FY20) didn't show consistent growth.<br />iii) The earnings/EPS in last 2 quarters, i.e. Q4'20 & Q1'21, have been encouraging. If this level of earnings can sustain, your 40sen EPS per annum forecast is achievable.<br /><br />I also noticed its operational expenses % managed to sustain at <99% throughout FY20, and achieved <98% in Q1FY21. I suppose this is due to the operational efficiency improvement projects implemented in end 2019. <br />Management explained the acquisition of Auric Pacific in 2019 has also contributed to higher earnings.<br />The analyst gives 11x PE multiple to DKSH. Thus, if DKSH can achieve 40sen EPS in FY21, the fair value would be RM4.40 per share. The upside from RM2.90 now will be RM1.50 per share or 51%, which is attractive.<br /><br />My doubt is can the last 2 good quarters' earnings sustainable throughout Q2-Q4 FY21?<br />Can I know why u think DSKH can achieve 40sen EPS in FY21?<br /><br /><br /> value88https://www.blogger.com/profile/14876933285749820353noreply@blogger.com