Sold Huayang - 6 May 2013

First day after election, the KLSE market surged over 100 points at the start and slowed down to 50 points.  It is still a significant run.  Seeing the opportunity, I have decided to sell my entire Huayang holdings between 2.14 and 2.17.  My average entry price is 0.708.  After doing the calculation, my gross profit from Huayang is 203%.  This is the reason why it is my favourite stock :)  Bear in mind, this is excluding all the dividends that I have received throughout the years.

Good luck to all.

Edit: Updated the gross profit % after calculation.

Received Huayang Dividend - 28 February 2013

It is the last day of the month and I received another nice dividend from my favourite stock, Huayang.  Huayang declared a 5c taxable dividend for its 3rd quarter earnings.  Another dividend is expected to be announced with its 4th quarter earnings.

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.

Gong Xi Fa Chai - Welcoming the Year of the Dragon

The last 30 days has been filled with much festive mood, going from Christmas, to New Year and now Chinese New Year.  The overall market has been pretty upbeat as well with Dow Jones reaching 12,500 points while KLSE staying above 1500.  The quarter earnings release month has also just started.

Just released last night, HuaYang did it again with another fantastic quarter.  The stock price has been steadily on the uptrend since it has received a Buy call from investment banks.  I am still holding dearly to my HuaYang.

Another stock that has been rising rapidly is MBSB.  My current paper gain on the stock, MBSB-WA, has surpassed the 50% mark.  MBSB is due to release its quarter earnings in February.

I would like to take this opportunity to wish everyone a very Happy Chinese New Year & Happy Holidays.  Drive safely and be a good investor.  HUAT AH !

Bought Huayang - 20th October 2011

Huayang surged at the opening, hitting a high of 1.65.  I patiently wait for it to come down a little as market is in the red zone.  My buy order was fully matched by 12pm, 1.62.   With that, I won't get odd lots after the Bonus Issue.

Will be away on vacation for a week.  Hopefully I won't miss much of the opportunities in KLSE.

HuaYang announced 2nd quarter result today - 19th October 2011

One of my best performing counter, Huayang, announced its second quarter result today with a bang.   It made a net profit of 13.9m, up from previous quarter of 11.5m, which is equivalent to 12.87cents per share with a total of 23.50cents per share for both quarters.  At today's closing of 1.60, it's PE is amazingly low.  Based on the assumption of full year earnings at 40cents per share, it would means the PE is just 4x.  The timing of this announcement couldn't be better  for a bonus issue of 3:1 that will go ex on 24th October, just next Monday.

Ever since the bonus issue announcement, I've been trying to top up my Huayang, mainly to avoid getting odd lot but it's getting harder now or I'll have to pay for a higher price after today's earnings announcement.  I'm happy with the spectacular result but also sad at the same time as I have not manage to top up.  To sum it up, Huayang is undoubtedly one of the best property stock which doesn't get much attention from big funds.  The race is on !

Received dividend for Huayang

Received Huayang dividend today, 7.5cents per share, less 25% income tax.   Huayang remained my favourite stock in property sector.  Despite market slump, Huayang stock price is holding up pretty well and is probably one of the best performing stock in property sector.  Huayang closed down 1cent today, ending at 1.33.  If I have any spare cash, I would start collecting this stock.  Also not to forget, Huayang has yet to announce the 1:3 bonus issue.   This is the 3rd dividend received this month and there are still more to come !

Huayang proposed Bonus Issue

Huayang, reported a superb 1Q earnings today, 61.75m in revenue with a net profit of 11.48m or 10.63 cents.  That is an increased of 133.81% over last year's Q1.  Huayang is definitely on the right track and that explains the recent interest in its share.

At the same time, Huayang also proposed for a 1-for-3 bonus issue.  That will definitely gain additional interest from investors and thus pushing the share price higher.  Hurray to Huayang !

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.

CIMB Research sees fair value for Hua Yang at RM2.76

After the recent stock price surged on Huayang, I can't help but to post the following article published in The Edge Malaysia.  Hooray to all Hua Yang shareholders !


KUALA LUMPUR: CIMB Equities Research said although Hua Yang is a very small property stock in terms of market cap, it has big ambitions and plans to expand its profits several fold over the next three to five years.

It said on Tuesday, March 29 that should Hua Yang manage to deliver its targets of RM500 million to RM600 million in turnover and RM75 million to RM90 million net profit, P/E would plunge to below 2.0 times.

CIMB Equities Research said the high targets are not unrealistic as the group has landbank with RM2.23 billion GDV potential and is always on the lookout for more. Also, it has exceeded its FY3/11 sales target of RM300m and including bookings, has unbilled sales of over RM400 million, nearly 4x FY10’s turnover.

“Using a blend of 40% discount to its RM4.30 RNAV in view of its small size and illiquid shares and a similar discount to our 14.5x FY12 target market P/E, we arrive at a value of RM2.76, which implies 100% upside,” it said.

Source: The Edge Malaysia

Another dividend received

I'm loving e-dividend more and more.  No more runs to the bank to get cheque deposited.  All is done for you and right on the day of payment.   This round, I get notified that my dividend for MBMR has been banked it.  Even though at current price, MBMR is at a paper loss,  I'm still confident on the share price in the longer run.

Huayang has been making a good rally since yesterday.  It managed to touch 1.20 this morning and ended the first half session at 1.19.  I'm still holding on to my Huayang for now.

Huayang latest quarterly earning and KLSE pre-CNY correction

Huayang just reports its 3rd quarter earning with a revenue of 49million and a net profit of 7.6million, which gives a 7.11 eps.  This brings the cumulative eps to a total of 17.58 and this is a very good number.  Its NTA continue to rise together with its eps.  In short, the company is growing !  Huayang is getting more and more interest from the public and I believe fund managers as well.  The stock price has not move much but undoubtedly it will, just a matter of time.  Refer to my previous postings on my entry price :)

KLSE suffer the biggest setback since beginning of 2011, a whopping 19pts.  This is a healthy correction and it will gives many investor a good opportunity to take position.  Many believes this is the pre-CNY correction.  Personally, I have been eying a few stocks, some have even queue to buy but couldn't get any matches.  I shall post here as soon as I get any successful matches.

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 !