Sold TWS - 18 January 2013

I finally sold TWS @ 9.07 yesterday but didn't manage to post the update as I had to head out and didn't return home until now.  The decision was made mainly from the uncertainty and lack of news on the privatization.  Since it is nearing my 2nd batch of purchase entry point, I decided it's time to let go.

My first TWS entry was on November 2010 @ 3.97, while second entry was on August 2011 @ 9.09.  As you can see, my gain from the first entry is about 128% while almost breakeven from my second entry price.  TWS was one of my best investment in 2011. 

Over the 2+ years of holding on to TWS, I received several dividends by TWS, about 4 times since my initial purchase.  Although the dividend yield is not high, but still the amount is quite substantial.

The hunt for TWS replacement is on-going and do share with me if you think you found a TWS replacement :)

Happy Investing !

Received TWS Dividend - 27 December 2012

Today I received the 15cents non taxable dividend from TWS.  After the take over announcement on 24th December, TWS is now trading at 8.91.  I am in consideration of disposing my TWS.  Will post here as soon as I decided to dispose it.  Good luck to all TWS shareholders.

TWS offered to be privatize

At the end of last Friday's trading, 21 Dec, TWS trading was suspended along with two other sister company, TWS Plantation and Bernas.  Shortly after KLSE closing, TheEdge published an article that the majority shareholder of TWS, Syed Mokhtar intend to merge both sister companies into TWS.

All 3 stocks remained suspended today and the announcement only came up after trading hours of 24 Dec where a general offer of RM9.30 per share to take TWS private.  All 3 stocks will resume trading on 26 December (Wed).

Based on the announcement, I'm certain TWS stock price will jump on Wednesday morning.  My only disappointment is that the offer price fell short of what I had in mind although it is a 20% premium from the Friday's last traded price.

Nevertheless, it is still deemed as a good news to all TWS shareholders who have been hoping for a stock price appreciation.

August & September Dividends

Due to my hectic work schedule, I did not manage to keep up with my postings on the dividends that I received in August.  As such, I'm posting it together as a single post.

This year by far is my best year for dividends. Below is a summary of the dividends received since my last post :

July-16 : Mudajaya - 2.5c Final Dividend Single Tier
Aug-8 : TWS - 25c Final Dividend Single Tier
Aug 15 : Mudajaya - 4c First Interim Dividend Single Tier
Sep 14 : Tambun - 3.8c First and Final Dividend, non taxable
Sep 18 : Huayang - 15c First and Final Dividend, less 25% tax

Among all the above, Huayang has the highest dividend yield and is currently my best performing stock.
On the other hand, TWS first half earnings has dropped significantly which explains the the stock price decline.

It's been several months since my last postings

It's been several months since I posted anything.  The main reason behind is that there is simply no trading activity.  I have been preserving my cash and wait for a good time to go in and also for IPO application.  Most recently, I applied for PBSTech but failed to get any.  I'm now trying my luck on Gas Malaysia.

The past 2 weeks has been quite interesting on the market.  Worldwide stock market has been falling, mainly due to concern on Greece exiting EU.  I'm once again actively monitoring the market for potential entries.

Touching a little on the share I'm holding, HuaYang just reported another awesome quarter and I saw a 15c dividend but no official announcement yet.  That is almost a 10% div yield ! HuaYang is seriously an awesome growth stock.

On the other hand, TWS reported a weak quarter and hence the punishment on the stock price.  I believe it is still a good stock and I'm considering on toppiing up.  TWS proposed a 30c div but has yet to announced the date.

Received first dividend in November by TWS

It's now November and I'm back from my vacation in Taiwan.  A very nice trip but tiring coz walked too much.  Will post about my Taiwan trip later.  Back on the topic of investment, I just received my first dividend for the month of November, by TWS, 20cents less 25% income tax.  TWS has been giving out more dividend as the earnings continue to rise.   This is just first interim dividend.   Hoping there will be similar or more dividend going forward.

Bought TWS - 22nd August 2011

Despite a moderate drop in KLCI today, the stocks that I would like to accumulate did not follow.  TWS dropped to 8.90 in the early morning but quickly regained its losses and moved into green territory.  In fact, TWS volume is quite significant for today if one compared with its historical volume.  Seeing TWSPLNT just reported another excellent quarter last week, I believe TWS is likely to post a similar performing result as well.
With that in mind, I decided to top up my TWS @ 9.09.  TWS quarter report should be out very soon.

Dividend received in the month of July

I received 4 dividends at the end of July.  They are TWS, SuperMax and Mudajaya twice.  The double dividend from Mudajaya were for both the Final Dividend 15% Single Tier and First Interim Dividend 15% Single Tier.  All of the dividends received above are tax exempt except for TWS which has a 25% tax deduction.

The TWS dividend is from Final Dividend of 20cents before tax or 15cents after tax while the Supermx dividend is from Final Dividend of 5%.

Edit : Made a correction on TWS final dividend where it is 25% tax deduction.

Bought Mudajaya today, 13 July 2011

Just bought Mudajaya @ 4.46, just to make sure I don't get odd lots after bonus issue, which will ex tomorrow, July 14th.

Huayang had a sudden surge, reaching 1.75 today. Very nice and I'm still holding on to my Huayang.
Another side updates.  TWS latest dividend of 20c went ex yesterday.

TWS released its Q1 earnings result

The wait is over.  TWS has just released its first quarter, Q1, earnings result.  It reported an increased of revenue of 1.46b compared to previous years Q1 which generated a revenue of 1.3b.  The reported net profit was 89.9m, translating to a 31.03 eps.  It's a great start for a first quarter !

And the best of all, it announced a 20c dividend ! TWS stock price remained above RM10 and I am confident it will continue to rise in the next 6-12 months.

TWS broken its RM 10 resistance and continue to surge

In the last 4 trading days, TWS is in the spotlight.  It ended at top spot in Top Gainers for 4 consecutive days without failed.  That's an amazing performance.   The stock price rise continuously from 8.04 to now 10.28, that is over 25% growth in just 4 to 5 days.  Simply spectacular I would say.

One of the group's subsidiary, TWS Plantation (TWSPLNT) has also been following TWS closely behind.  Rising from 3.15 to 3.82, over 20% growth in the last few days.  This is not a mere speculation but supported by today's released quarter earnings.   TWS Plantation reported a net profit of 48.628m, an increased of 94.96% from previous year first quarter.  That translates to 7.73 eps.  Very strong first quarter.

Usually TWS quarter earning report will follow shortly.  One can expect similar or better result for TWS.  So, let's wait the good news !

Dividend received

Today I received 2 letters.  Both are dividend notification letters, TWS and P&O.  Even though P&O dividend is little in comparison to TWS, it is still a good gesture from the company to distribute income to its shareholders.

Market continue to be weak, especially on the second liners.  Stocks with strong fundamentals tend to fare better than the rest.  Not all in my holdings are doing well.  This will be a good time to evaluate the stock we have bought and determine the next step.  Any action by me will surely be posted here.

TWS released its final quarter, 4th, result and it's a great one !

Despite KLSE being slaughtered today, quite a number of companies released their quarter earnings with very good result and some, comes with very good dividend.   TWS remained my favourite still.  TWS reported a revenue of 1.5 billion and a net profit of 193 million.  This brings the 4th quarter eps to a whopping 66.51 and the total eps for all 4 quarters comes to an outstanding 165.31, that's RM1.65 for every unit of share out there.  At today's closing price, 7.56 and divided by 165.31, that will gives you a PE of only 4.5 !  In my opinion, this stock is deemed cheap despite its recent run up of almost 100% in the past 3 months.  Oh, I almost forgot to mentioned that its NTA rosed by RM1 to 6.83 since previous quarter.

A whole year quarter earning details :

Date Stock Quarter Year End Current Year Quarter Current Year To Date Revenue (RM'000) P/L (RM'000) EPS (sen) Dividend (sen) Revenue (RM'000) P/L (RM'000) EPS (sen) Dividend (sen) NTAB (RM) 24 Feb 2011 TWS 4th 31 Dec 2010 1,590,845 193,472 66.51 - 5,575,625 482,068 165.31 - 6.8300 2 Dec 2010 TWS 3rd 31 Dec 2010 1,399,534 123,842 42.32 - 3,984,780 288,596 98.90 5.00 5.8200 25 Aug 2010 TWS 2nd 31 Dec 2010 1,285,708 87,498 29.88 5.00 2,585,246 164,754 56.28 5.00 5.4100 31 May 2010 TWS 1st 31 Dec 2010 1,299,538 77,256 26.40 - 1,299,538 77,256 26.40 - 5.2200

A drastic drop seen in KLSE today. Will it affect you ?

KLSE closed first session in the negative of 15pts.  If you look at the Top Losers, it consists of mostly blue chips and financial stocks.  Most smaller caps stocks only suffers a minor drop and for some, have already regained its losses and tracking into green.

Look at how TWS performed.  There is a huge interest in TWS after the CNY breaks.  It has regained its year high, 8.03.  It is now trading at 7.85 and if you add in the dividend of 20c that went ex-date on 31-Jan-2011, that would equate to 8.05 !  TWS is expected to announce its 4th quarter earnings in early March.  Judging from its recent rally and higher volume traded, one can only expect to see another spectacular quarter earnings.

Touching on PJDEV-WC,  it too has gain significantly, over 20%, since my entry price at 0.305.  There seem to be a strong support at 0.37.  There is still much room for it to continue climb.

Finally, MBMR, she has been in the slumber mode for a while now.  However, she has shown some recent activity of wanting to wake up.  EPF has started acquiring MBMR and that is very positive for all MBMR shareholders.

I sold Mitra @ 1.87 today, 17th January 2011

Nice comeback from Mitra after almost a week of profit taking.  Took the opportunity to sell off Mitra @ 1.87.  My entry price for Mitra is 1.20 and had it since April 2010.  About 9 months of holding and it gave me a gross profit of 56% without including dividend.  Another nice gain from my last year entries besides Fajar-wa.

Speaking of profit, look at TWS.  It touches 8.00 this morning and still hovering well at 7.9x.  Based on the current price, my paper gain is now almost 100%.  My best performing stock so far and I'm still holding on to it !

Bought more MBMR today - 23rd December 2010

At the very last 20 minutes before KLSE closed, I punched in a queue to buy for MBMR @ 3.34. Yes, I intend to accumulate more of this stock as the fundamental of this stock is too strong for it not to go up. I didn't manage to check my order status until I reached home and found out my order were fully matched !

TWS continue to rally today and I'm still holding it tight. Today's surprise is Adventa, which hit a limit-up. There's a rumour in circulation that there might be a possible buyout by another company. Unfortunately, Supermx failed to hold on to its gain. Nevertheless, if the rumours turns out to be true, we can expect to see a rally in rubber sector, which Supermx will eventually stand to benefit from.

Bought MBMR today - 22nd December 2010

After many days of queuing to buy, my queue finally matched at 3.36. MBMR which involved in car manufacturing has a steady profit and lately been a hot stock as it was covered by several famous bloggers.

There is also a rumour on Bonus Issue that will happened very soon. Seeing the growth potential in this company, I feel it's a safe investment.

Also in the last couple of days, TWS and Mudajaya continue to gain ground. TWS is almost unstoppable. Its stock price continue to climb, reaching a high of 6.50 today. Cheers to those who bought in TWS together with me.

Sold Insas @ 0.57 today - 14th December 2010

I just sold my Insas @ 0.57, which I hold since 12th August 2010. Seeing the upside is pretty limited despite the increased volume and share buybacks, I decided to take profit on Insas and reinvest in another counter. The gross profit from Insas stood at 14%.

Touching a little on TWS. Since my entry on TWS last month, it has risen rapidly and hitting a high of 5.80. I'm still holding on this stock as I feel there is still much upside and good earnings to come.

On the NYSE, my Citigroup (C) is doing very well too. It has surpassed 4.80. Sweet !

Bought Huayang yesterday - 1st Dec 2010

Haha, I didn't realize my order for Huayang matched at the very last minute.  Matched Huayang @ 0.95.  Recently Huayang had a Bonus Issue exercise and since then this counter has dropped to below 1.00.  The PE remains low and its earnings looks stable.  This counter has potential for growth in my humble opinion.

KNM gone thru a consolidation of 4:1, meaning if you have 4000 units of KNM before today, it will become 1000 unit from today onwards.  The stock price reflects its consolidation by opening at 2.08 this morning (0.52 x 4).

TWS continue to gain in stock price.  There is still plenty of room to go up. Hold !

Bought P&O today - 1st Dec 2010

P&O, a company that was in the talk of being acquired by a foreign insurance company but later cancel, has come down quite significantly since the days of talk being acquired.  Seeing that it has dropped and the big boss in P&O is buying in bulk once more, my senses is telling me that something is cooking.  Maybe another potential buyer is bidding on the company once more.  Let's see how it goes.  Oh, I almost forgot to mention my entry price, which is 0.775.

TWS is shooting up nicely after the superb quarterly earning annoucement last night.  A few plantation stocks is on the move.  The same goes for KSENG, which is also after quarterly announcement and Bonus Issue.