Personal Finance » Stock Investement http://www.szehau.net Personal Finance - Personal Money Tips, Stock Investment, Small Business and Make Money Blogging Thu, 19 Aug 2010 15:47:35 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 投资 投机 傻傻分不清楚 http://www.szehau.net/2010/08/%e6%8a%95%e8%b5%84-%e6%8a%95%e6%9c%ba-%e5%82%bb%e5%82%bb%e5%88%86%e4%b8%8d%e6%b8%85%e6%a5%9a/ http://www.szehau.net/2010/08/%e6%8a%95%e8%b5%84-%e6%8a%95%e6%9c%ba-%e5%82%bb%e5%82%bb%e5%88%86%e4%b8%8d%e6%b8%85%e6%a5%9a/#comments Thu, 19 Aug 2010 15:47:35 +0000 szehau http://www.szehau.net/?p=121 最近，蛮多朋友开始投入股市。口说要《投资》的 却慢慢的踏上《投机》之路。有的赚，也有的亏。真的有点为他们担心，担心他们会慢慢的走火入魔。

写这一篇“东西”，是为了警惕自己，要坚持投资，绝不可投机。也顺便提醒身边的朋友。

我投资，不是为了要在短时间里富有，而是为了要达到财务自由，为未来着想。试想一下，如果有一天你不能工作了，没能力赚钱了，你要怎样养家呢？难道要年老的父母亲或年幼的孩子出外工作养家吗？

何谓《投资》？

投资，就是把钱投入资本。买股票是一种投资。买股票就是买股份，有股份就是有份参与生意。也就是说，投资股票等于参与生意。把钱投入赚钱的生意，长期拥有，财务自由的一天，绝不是梦。

何谓《投机》？

投机，就是把钱投入机会。投机和赌钱是没有分别的。投机对我来说是件很辛苦的事。我知道是因为我试过。每天需要坐在电脑荧幕前面，看着自己的股票上下，还要担惊受怕。与其如此，不如把钱丢在赌台上，一下就知道赚或亏， 简单 快 又潇洒。

在赌台上，你不是赌神，你不知道几时会赢钱或输钱。那谁是赌神？赌场的大老板才是赌神。他知道十赌九输，赢的一定是庄家，所有就把《赌》经营成企业，年年赚大钱。难怪林先生能成为我国的十大首富之一。

在股市要赢，就要做庄家。谁是庄家呢？他们就是股票后面上市公司里的大股东。他们只抱着做生意赚大钱的心来致富，从不用他们自己的股票做赌注。身为小户的我们与他们 一起参与生意 一起做庄 准没错吧！

为什么《投资股票》不能等？

很多人觉得创业，做生意，两三年才拿回本，开始赚钱，是值得等的。

很多人觉得投资地产，买屋买店买地，等一年，十年，二十年，甚至三十年，才开始赚钱，也是值得等的。

买股票也就是参与生意，为什么不能等？要投资 要致富 就要有耐心啊。。。

要怎样《投资》股票，才可赚钱呢？

要赚钱，就要投资在《优质》的公司，然后《长期拥有》。何谓优质公司？优质的公司就是年年赚大钱的公司。何谓长期拥有？只要这公司年年赚大钱，就应该拥有它。

要赚大钱，就要投资在《有成长》的《优质》公司，然后《长期拥有》。何为有成长？一个有成长的公司，赚的钱，一年比一年多。

要赚更多钱，就要投资在《有成长》的《优质》公司，《低价》买入，然后《长期拥有》，《高价》卖出。何为《高/低价》。（1）一个RM10的股票每年每股净赚RM2 比 （2）一个RM1的股票每年每股净赚RM0.01《便宜》/《低》得多。（2）赚的比你把钱放进银行的定期存款还来的少，少得很可怜。所以，一定注意买入的价钱和它对比的盈利，要考量值不值得用这个价钱买入或卖出某个股。

坚持反响策略，《低价》买好股，长期持有，必胜！

以上的概念是来自《冷眼》。谢谢《冷眼》的教诲！

First time write in chinese :) 发觉，最近我好像变了“講故股佬”。。哈:P

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]]> http://www.szehau.net/2010/08/%e6%8a%95%e8%b5%84-%e6%8a%95%e6%9c%ba-%e5%82%bb%e5%82%bb%e5%88%86%e4%b8%8d%e6%b8%85%e6%a5%9a/feed/ 0 DXN (5074) – Sold Too Early http://www.szehau.net/2010/08/dxn-5074-sold-too-early/ http://www.szehau.net/2010/08/dxn-5074-sold-too-early/#comments Sun, 15 Aug 2010 16:45:56 +0000 szehau http://www.szehau.net/?p=118 Bought this counter around mid of June at the price of 0.55 but I have already sold it at 0.80. I think I have sold it a bit too early else I will gain more from this investment.

The reason I bought this counter is it's earning keep growing, debt becomes lesser (more cash), start giving out attractive dividend consistently and it is a MLM company (In my humble opinion, MLM is a very good business model).

Actually I planned to keep this counter for long time or until it rise more than RM1.20 the I will sell it. But don't know why I sold it at RM0.80+. Maybe due to reason seeing friends around keep buying and selling stocks recently. Hmm... I should be more discipline next time.

Well, for now. I think I will wait and see if I have any chance to buy this counter again at around September if it goes below 0.80. Never chase for high or low... Never catch the falling knife!

The next quarter financial report should be at the end of October this year.

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]]> http://www.szehau.net/2010/08/dxn-5074-sold-too-early/feed/ 0 Top 30 Equity Investments by Employees Provident Fund (EPF) in Bursa Malaysia http://www.szehau.net/2010/08/top-30-equity-investments-by-employees-provident-fund-epf-in-bursa-malaysia/ http://www.szehau.net/2010/08/top-30-equity-investments-by-employees-provident-fund-epf-in-bursa-malaysia/#comments Sun, 15 Aug 2010 07:00:57 +0000 szehau http://www.szehau.net/?p=115 Ever wonder where is our hard earn money in our EPF account invested in stock market?

Below is the list of top 30 equities listed on Bursa Malaysia invested by EPF:

No. Share % Holdings
1. Msian Building Society Bhd 67.33%
2. RHB Capital Bhd 54.93%
3. Msian Resources Corp Bhd 41.91%
4. Media Prima Bhd 23.41%
5. WCT  Bhd 21.69%
6. IJM Corporation Bhd 19.45%
7. Cycle & Carriage Bintang Bhd 19.09%
8. Digi.Com Bhd 17.43%
9. Star Publication (M) Bhd 17.22%
10. Tenaga Nasional Bhd 16.61%
11. UMW Holdings Bhd 16.29%
12. Shell Refining Co. Bhd 16.17%
13. Axiata Group Bhd 16.05%
14. S P Setia Bhd 16.02%
15. Alliance Financial Group Bhd 15.82%
16. Kuala Lumpur Kepong Bhd 15.23%
17. Genting Plantations Bhd 15.21%
18. Petronas Gas Bhd 15.16%
19. Sime Darby Bhd 14.78%
20. United Plantations Bhd 14.76%
21. Dialog Group Bhd 14.33%
22. CIMB Group Holdings Bhd 14.24%
23. Proton Holdings Bhd 13.96%
24. Puncak Niaga Holdings Bhd 13.90%
25. Msian Airlines Systems Bhd 13.68%
26. KLCC Property Holding Bhd 13.41%
27. Sunrise Bhd 13.24%
28. Eon Capital Bhd 13.14%
29. IOI Corporation Bhd 12.87%
30. Hong Leong Bank Bhd 12.62%

Source: KWSP website

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]]> http://www.szehau.net/2010/08/top-30-equity-investments-by-employees-provident-fund-epf-in-bursa-malaysia/feed/ 0 Stock Market Dropped http://www.szehau.net/2010/06/stock-market-dropped/ http://www.szehau.net/2010/06/stock-market-dropped/#comments Wed, 02 Jun 2010 17:06:13 +0000 szehau http://www.szehau.net/?p=112 Stock market dropped a lot recently due to Europe debt crisis. Did you do any panic selling? What is your strategy now? Exit or In?

To me I think I will wait and see. I will wait until before the world cup end and see if I need to buy in more stocks that are on cheap sales.Buy on dip and sell on the rise.

For now, the best thing to do will be ... do nothing when you have nothing to do.

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]]> http://www.szehau.net/2010/06/stock-market-dropped/feed/ 0 NTPM (5066) – 2nd Quarter Result For The Financial Year Ended 31/10/2010 http://www.szehau.net/2009/12/ntpm-5066-2nd-quarter-result-for-the-financial-year-ended-31102010/ http://www.szehau.net/2009/12/ntpm-5066-2nd-quarter-result-for-the-financial-year-ended-31102010/#comments Wed, 30 Dec 2009 17:20:45 +0000 szehau http://www.szehau.net/?p=101 NTPM (5066) - 2nd quarter result for the financial year ended 31/10/2010 posted 6 months net profit 28.590 millions. If compared with last financial year's 2 quarter results, it has increased 50.70%.

Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/10/2009 31/10/2008 31/10/2009 31/10/2008
RM '000 RM '000 RM '000 RM '000
1 Revenue 93,632 84,586 188,124 171,869
2 Profit/Loss Before Tax 18,619 11,087 36,983 23,931
3 Profit/Loss After Tax and Minority Interest 14,555 8,747 28,630 18,977
4 Net Profit/Loss For The Period 14,535 8,713 28,590 18,972
5 Basic Earnings/Loss Per Shares (sen) 1.30 0.80 2.50 1.70
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Tangible Assets Per Share (RM) 0.1900 0.1800

The revenue of NTPM, which is one of my most favorite stock, has been maintained at the level RM90 millions plus for the last 4 quarters which is a good sign that the company sales are improving. Overall the financial result is satisfactory and acceptable.

The closing price for NTPM today was RM0.550. In my humble opinion, I think any price below RM0.590 is consider undervalued (with the PER of 10) and I will consider to buy if I have the money. I think it is going to move up a little bit for the next few days.

Note: This is just a personal view and does not make any call to BUY or SELL any stock.

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]]> http://www.szehau.net/2009/12/ntpm-5066-2nd-quarter-result-for-the-financial-year-ended-31102010/feed/ 2 Nestle (4707) To Replace Parkson (5657) in FBM KLCI http://www.szehau.net/2009/12/nestle-4707-to-replace-parkson-5657-in-fbm-klci/ http://www.szehau.net/2009/12/nestle-4707-to-replace-parkson-5657-in-fbm-klci/#comments Sun, 20 Dec 2009 04:53:08 +0000 szehau http://www.szehau.net/?p=75 According to The Star, FTSE Group, the index company, and Bursa Malaysia Bhd announced that Nestle (M) Bhd - Nestle (4704) would replace Parkson Holdings Bhd - Parkson (5657) in the 30-counter strong FTSE Bursa Malaysia KL Composite Index.

The replacement will take effect on on Monday, 21 December 2009. The reason why the replacement is made is not mentioned either in the article or the FTSE Group's announcement.

I think they replace Nestle with Parkson in FBM KLCI is because of the Nestle's stock price is much less fluctuate than the Parkson one. In this case, the FBM KLCI will look much more stable and also to prevent speculation on the index.

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]]> http://www.szehau.net/2009/12/nestle-4707-to-replace-parkson-5657-in-fbm-klci/feed/ 0 No More Small Packs Of Cigarettes http://www.szehau.net/2009/12/no-more-small-packs-of-cigarettes/ http://www.szehau.net/2009/12/no-more-small-packs-of-cigarettes/#comments Wed, 09 Dec 2009 17:23:39 +0000 szehau http://www.szehau.net/?p=72 Starting from 1st  June 2010, the sale of cigarettes in packets of less than 20 sticks will be prohibited, as notified by the Ministry of Health on 1st December 2009. Cigarettes companies are given seven months from now until May 31 next year to dispose of its stocks of cigarettes in packets of less than 20 sticks.

Pack of cigarettes, close-up

According to Health Minister Datuk Seri Liow Tiong Lai: "anyone found guilty of violating the regulation was liable to a fine of not more than RM10,000 or imprisonment for a period of not more than two years.".

How will this news affect the profit of cigarette companies? Will the companies make less money? Will they need to clear their small packs of cigarettes as soon as possible with a lower price or make a repacking on existing stocks?

The sale of the two listed tobacco companies, BAT (4163) and JTINTER (2615), will be very likely to be affected by this news. What about their stock price? Since the news, the stock price of BAT dropped from RM46.10 (1st December) to RM42.42 (9th December), while the stock price of JTINTER (2615) remains steady at around RM4.90 may be due to its coming attractive dividend payout on 9th December.

The recent announcement posted by BAT (4163) on Bursa mentioned that the withdrawal of packs less than 20 sticks effective 1st June 2010 will have an impact on the financial results of the company in the coming financial year. Assuming all the customers will stay with their current brand, the company's operating profit from losing such higher margins is estimated at RM80.0 million for the next twelve month of withdrawal. This is due to the high profit margin or higher stick pricing for small packs.

How will this news affect the consumers or the smokers? Are they going to buy the bigger pack or stop smoking? I think the effect at consumer side is not much. I think the government action on disposing the smaller packs will not stop people from smoking. People who like to smoke will still smoke. Buy a bigger pack of cigarette packs does not mean they pay more on the item. Actually they are paying low price per stick. What do you think?

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]]> http://www.szehau.net/2009/12/no-more-small-packs-of-cigarettes/feed/ 0 Dubai’s Debt Crisis Rattled World Financial Markets http://www.szehau.net/2009/11/dubais-debt-crisis-rattled-world-financial-markets/ http://www.szehau.net/2009/11/dubais-debt-crisis-rattled-world-financial-markets/#comments Sun, 29 Nov 2009 06:34:45 +0000 szehau http://www.szehau.net/?p=63 The news on Dubai debt delays on last week cause the world stock markets to fell with a quit significant amount. Is this the indication that the world financial crisis is not ended?

HSI (Hang Seng Index) felt 1075.91 to 21134.50 (-4.84%), SSE (Shanghai Stock Exchange) felt 74.72 to 3096.26 (-2.36%) and (DOW) Dow Jones Industrial Average felt 154.48 to 10309.92 (-1.48%).

Luckily Malaysia was having holiday due to Hari Raya Haji celebration on last Friday, therefore FBM KLCI is not affected at this moment.

What will happen to FBM KLCI on Monday? I guess there will be a lot of people panic selling their shares to have some cash on hand. I think I will wait and see and buy on dip on those good fundamental counters especially blue chips.

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]]> http://www.szehau.net/2009/11/dubais-debt-crisis-rattled-world-financial-markets/feed/ 0 Genting (3182) – 3rd Quarter Result For The Financial Period Ended 30/9/2009 http://www.szehau.net/2009/11/genting-3182-3rd-quarter-result-for-the-financial-period-ended-3092009/ http://www.szehau.net/2009/11/genting-3182-3rd-quarter-result-for-the-financial-period-ended-3092009/#comments Thu, 26 Nov 2009 03:50:38 +0000 szehau http://www.szehau.net/?p=50 Genting (3182) - 3rd quarter result for the financial period ended 30/9/2009 posted a nine-month net profit 798.940 million. If compared with last financial year's 3 quarter results, it has increased 15.77%.

Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
30/09/2009 30/09/2008 30/09/2009 30/09/2008
RM '000 RM '000 RM '000 RM '000
1 Revenue 2,401,584 2,368,817 6,573,520 6,692,335
2 Profit/Loss Before Tax 805,498 219,744 1,942,789 1,843,728
3 Profit/Loss After Tax and Minority Interest 614,400 68,494 1,386,791 1,283,290
4 Net Profit/Loss For The Period 371,328 (40,377) 798,940 690,080
5 Basic Earnings/Loss Per Shares (sen) 10.05 (1.09) 21.62 18.64
6 Dividend Per Share (sen) 0.00 0.00 3.00 3.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Tangible Assets Per Share (RM) 3.7100 3.3700

The revenue of Genting has been increased in the quarter but it's net profit is slight low if compared to the past quarters for the same revenue. Overall the result is acceptable and nothing is surprise.

Are you holding this counter? I'm holding a bit. I think I will hold further until the new casino at Singapore is opened and see if it will bring more revenue to Genting.

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]]> http://www.szehau.net/2009/11/genting-3182-3rd-quarter-result-for-the-financial-period-ended-3092009/feed/ 0 Malaysia’s 30 Most Valuable Brands http://www.szehau.net/2009/11/malaysias-30-most-valuable-brands/ http://www.szehau.net/2009/11/malaysias-30-most-valuable-brands/#comments Mon, 23 Nov 2009 04:44:50 +0000 szehau http://www.szehau.net/?p=42 Malaysia's 30 Most Valuable Brands is a list compiled by The Edge Malaysia investment magazine for the week November 23 - November 29, 2009. 3 of the stock counters that I have are in the top 30 list (PBBANK - 1st, NTPM - 28th and DIGI - 7th), not too bad. I know I'm on the right path.

Below are the list of Malaysia's 30 Most Valuable Brands:

  1. Public Bank - Banking
  2. Maybank - Banking
  3. CIMB - Banking
  4. Celcom - Telecoms
  5. Parkson - Retail
  6. Resort World Genting - Leisure/Entertainment
  7. DiGi - Telecoms
  8. Astro - Media/Entertainment
  9. Sime Darby - Property/Infrastructure
  10. Petronas - Energy
  11. Perodua - Automotive
  12. Hong Leong Bank - Banking
  13. Giant - Retail
  14. Ambank - Banking
  15. YTL - Property/Infrastructure
  16. Malaysia Airline - Airline
  17. RHB Bank - Banking
  18. TV3 - Media
  19. AirAsia - Airline
  20. The Star - Media/Entertainment
  21. JobStreet.com - Online Recruitment
  22. Dutch Lady - Food & Beverage
  23. Padini - Apparels
  24. Sin Chew - Newspaper
  25. Affin Bank - Banking
  26. Alliance Bank - Banking
  27. Kurnia - Insurance
  28. Premeir - Household Products
  29. Sunway City - Property/Infrastructure
  30. Bonia - Leather wear

Among the 30 brands, 8 brands are in banking industry and 3 brands (Alliance Bank, Premier and Bonia) are newly added to the top 30 list.

To qualify for Malaysia most valuable brands, a brand has to be public listed, or own by a company that is listed and must originated from Malaysia.

The most valuable evaluation includes financial analysis which forecast current and future earning; brand analysis, which measures how the brand influences customers at the point of purchase; and brand strength analysis, which determine a brand's ability to secure on going customer demand, such as loyalty, repurchase and retention.

Also congrats to Public Bank being awarded the Malaysia's most valuable brand. According to the managing director of Public Bank, Tan Sri Tay Ah Lek: "Malaysians trust Public Bank because of its solid financial position, prudent management and superior and long tack of record of financial performance.

Buy a copy of The Edge Malaysia to read the detailed reviews and interviews for each brand.

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