Ann Joo Q2 2017 Results

Ann Joo Q2 2017 Results

http://www.annjoo.com.my/investor-relations/latest-news/

The info from Ann joo it self.

we can observe that the recent QR drop was due to higher material cost on scrap as well higher cost on the production from furnace it self. All raw material pricing have gone up. 

the advantage is now the pricing in Malaysia is much lower than produce in china due to china decision to reduce production of steel and environment concern. refer as above the pricing in Malaysia is much lower some more there is exercise duty impose on steel imported. Due to this the import qty is much lower in compare to last few years.

Now there is export opportunity for Ann joo as most of the ASEAN country also developing and require a lot of steel product for infrastructure.Expect the coming Quarter Results,Q3 will be good.

大馬股市第一堂課-上冊 - Review

大馬股市第一堂課-上冊

Review on this book.

After read few things it bring out is quite suitable for newbies. such as the turning rate and warrant. which i also not very good into the warrant and method to play warrant. it say quite true one must know clearly how the game rules before he can play the game well.

as the PUT warrant type , i am still yet familiar with it. overall warrant issue by investment bank is high risk as they can at any time further issue the warrant base on certain condition which is a very disadvantage to retailer.

if buy warrant better choose warrant release from company at least you may exercise the warrant and convert it back to ordinary share.

Those technical analysis on the Moving Average(MA), Bolinger band quite common and can be learn thru.

looking forward for 2nd edition which is more into the financial statement, theme and technical.

As the important shall always be Earning growth , theme and Trend.

Uchitec - 21 Aug 17

Uchitec - 21 Aug 17

Chart on 21 Aug 17.
Technically
can seen on recent break thru RM 2.
supported by Main chips(red) start increasing.
so far all good. just starting uptrend seen.

Fundamental
Good profit margin.
risk is on its duty free is able to be renew for next year.

Strategy
Buy when the price retreat, from current highest.

Trading - 17 Aug 17

Trade on Screen

Trading on screen for US stock.
Apparently it is not easy and very much emotional impact to trade on screen
previous experience on 1 stock trade have been cancel pricing for 6 times before the stock is matches.
of coz due to this action, won't get any best price.

HSBC , 0005 - 18 Aug 17

HSBC , 0005 - 18 Aug 17

Technical
Review on chart

On above weekly chart appear to reach resistance on previous high.
expect will drop back on the support around 60+ become continue trending up.
it could be rebound back to 70+ and further drop down.

Fundamental
HSBC bank profit have reduce over the years, however it is still a world bank as of current. overall DY is good which pay off quarterly.

Strategy
to observe when pricing around 60+ should be entry point and further check if it trend up or trend down.

Vtech(00303.HK) - 15 Aug 17

Vtech - 15 Aug 17 - Buy in

The below consideration for buy in.
Purchase done on 15 Aug 17
Based on TA
Chart
1. There is syndrome of bottom signal show as below. blue color.
2. Based on Main Chips Red have keep reducing. but good things is green did not increase.
3. The price break thru last trend line. and got Main Buyer support at 104.6 - 109.2 volume 311 hand but if compare to chart 6. major Main Buyer is around 86 - 88 range. means this is 2nd support line. first support line will be 104-109.
4. Chart 4 show some reversal on the trend line.
5. Long term MA line is supported at blue line. still yet break and consider still in bullish as long white line not broken.
6. Chart 6 show Main buyer previously traded at 86 - 88 costing. this appear to be strong support trend line.

Chart 1

Chart 2

 chart 3

 chart 4

 chart 5

chart 6

Fundamental based
Toys company Manufacture.
Top 50 world manufacture.
Stock price perform all year uptrend.
Dividend yield is good stood at approximate 5%.
payout dividend ration > 90% . consider it pay out all it earn.
1 year drop in year 2015, other than that all time payout > 90%.
more likely a stable stock.
1 year dividend 2 time.Payout Ex often on July and December.

Purchase strategy 
Buy on weakness.
have brought 100 unit on 15 Aug 17.
to be purchase again if it further down trend, to leverage.

Malaysia Petrol Price

Prediction of petrol pricing in malaysia following on below assumption

1) International Crude oil pricing for the week compare to last week

2) RM against USD if appreciate or depreciate

Some of the previous Prediction Vs Actual.

Week 30 - Predict UP ; Actual UP

Week 31 - Predict UP ; Actual UP

Predict petrol price will up. Estimate is about about 14%. Actual is up about 2% only. wonder if there is a commodities price which is only for RON 95 and RON 97.

RON 95 - 2.07 up 4 cent

RON 97 - 2.32 up 4 cent

Week 32 - Predict UP ; Actual UP

RON 95 - 2.12 up 5 cent

RON 97 - 2.39 up 7 cent

Ambank AGM 31 July 2017

Ambank AGM 2017

Door gift as usual RM 50 Parkson Voucher + Break Fast.

From chairman this could be the last AGM under brand name of AMbaank due to current on going merger with RHB bank. with the merging ambank is able to become the malaysia 4th Largest bank.
overall performance better than last year due to overall economy environment is better.

Presentation from CEO