Wednesday, April 28, 2010

GTRONIC, Can Buy?

Low debt company with debt-equity ratio and current ratio is 0.32 and 1.93 respectively as of December 2008

Company is under electronic sector which  produces microchips and LED(light-emitting diode). Demand for microchips increases in tandem with increases in global demand.

As for LED, it contribute 20% to the company’s income and  the demand by 2012 is projected to reach USD10b with average annual growth 20-25% as LED is cost effective, longer lifetime and environment friendly light unlike the ordinary light.

Global economic recovery will support the demand of both products.

Stable net profit from 2004 to 2008 namely RM22m to RM30m, except 2009 where profit dropped but has showed the uptrend from quarter to quarter to make up RM15.9m.

Net profit in first quarter 2010 was RM6.2m compare to only RM204,000. Therefore, result for financial year 2010 is expected better.

Two goverment agencies has a big number of shares in Gtronic namely EPF which has more than 25 million shares and Tabung Haji more than 16 milliom shares.

Share price started moving up since 19 April 2010 which closed at RM1.47 and by 23 April 2010 closed at RM1.68.

 Technical target by Maybank, ranging RM2.03 to RM2.40  

- Sabri Jalil

Friday, April 23, 2010

KNM, Buy Opportunity


KNM, a company which involved in oil and gas industry, trading between 0.595 to 0.605 today. A broking house said it is a buying opportunity if the price below 0.60.

Price per book value (PBV)  is 1.32 times and average ROE (from 2004 to 2008) was 25%. Investment experts say good buy if PBV below 1.5 times and ROE above 15%.

From my point of view, buy for investment....

- Sabri Jalil

Monday, April 19, 2010

Nak Beli Saham, Mana Satu Yang Betul?


“Ada yang kata beli saham bila harga tengah naik, ada yang kata beli bila harga turun. Mana satu yang betul ni?”

Itulah pertanyaan dari salah seorang yang baru kenal dalam satu majlis. Beliau memang berhajat mahu melabur dalam pasaran saham tetapi soalan yang bermain dikepalanya selama ini membuatkan beliau menagguhkan niatnya.

Soalan beliau itu amat bagus dan biarlah penerangannya kita kongsi dalam blog ini.

Samada anda membeli ketika harga tengah menaik atau ketika turun, ia bergantung kepada siapakah diri anda.


Adakah anda mahukan keuntungan lebih cepat tetapi perlu menghadapi risiko yang lebih tinggi?

Jika ya maka anda boleh membeli ketika harga sedang meningkat dan menjual ketika harga lebih tinggi. Ia dipanggil sebagai strategi momentum. Anda perlu mempunyai displin yang tinggi jika ingin mengamalkan strategi ini. Sikap tamak perlu dijauhi.

Adakah anda seorang yang sabar dengan tidak mengharapkan keuntungan yang sangat cepat tetapi kurang berisiko?

Jika ya, maka anda perlu membeli saham ketika harga jatuh dan menjualnya ketika harga sedang meningkat. Strategi ini dipanggil sebagai kontrarian. Kontrarian bermaksud bertentangan iaitu membeli ketika ramai pelabur menjualnya (yang menyebabkan kejatuhan harga) dan menjual ketika ramai pelabur membeli (yang membuatkan harga meningkat). Strategi ini mempunyai risiko yang lebih rendah (tetapi tidak bermakna tiada risiko) dan ia diamalkan oleh pelabur terkemuka dunia iaitu Warren Buffet dan John Templeton.

Untuk makluman John Templeton telah membeli saham-saham tujuh syarikat penerbangan Amerika Syarikat yang jatuh menjunam semasa peristiwa September 11 dan meraih keuntungan berbilion dollar seminggu selepas itu akibat harganya meningkat mendadak selepas kerajaan AS mengumumkan subsidi kepada 7 syarikat penerbangan tersebut.

Dengan kata lain, kenali diri anda dan tetapkan objektif anda agar anda mengamalkan strategi yang bersuaian.

-  Sabri Jalil.

Friday, April 9, 2010

Muhibbah Engineering, Signal Appears


Buy signal for Muhibbah Engineering based on below technical indicators;
SMA
  • 20-day MA (green line) has crossed 50-day MA (red line). It is buy signal
  • Price moving above both 20-day MA and 50-day MA – showing moving uptrend

SLOW STOCHASTIC
  • Both Stoch %D (green line) and Stoch %K (blue line) moving uptrend where blue line (%K) always moving above green line (%D) à indicating uptrend movement.

MACD
  • MACD line (blue bar)has crossed signal line (green line) à good buy signal
Conclusion is good for buy....


- Sabri Jalil