Bursa Malaysia

Perisai oh Perisai

2012-09-19T11:54:00.004+08:00

This perisai share price look like kanasai.

Why so many broker house recommend buy?

CIMB - RM 1.53

Hwang DBS - RM 1.20

Hong Leong - RM 2.92

Will you follow the researchers and BUY????

Three major researchers urge “buy” on Perisai Petroleum

Business & Markets 2012

Written by Ho wah Foon of theedgemalaysia.com

Wednesday, 19 September 2012 09:34

KUALA LUMPUR (Sept 19) – Three major research houses have recommended a “buy” call for Perisai Petroleum Bhd following news that the company has secured bareboat charters for 51%-owned Intan Offshore’s support vessels with contract value of US$40 million.

The charters are for three years effective Sep 1, 2012, and the daily hire rate is US$36,630 for the eight offshore vessels. Its impact on company earnings is immediate.

While CIMB has a target price (TP) of RM1.53 for Perisai, HwangDBS Vickers Research has RM1.20. Hong Loeng Invsetment Bank’s TP is much higher at RM2.92.

“We estimate that Intan will contribute 19% to group revenue and 8% to group net profit in FY2012. Intan’s vessels have their own niche and customer base,” said CIMB in a note.

In its recommendation, CIMB said: “Buy aggressively as the stock offers the most share price upside and undemanding FY12-14 P/Es of 7-9x. Its 3-year EPS CAGR of 97% is the highest in the sector.”

It said the stock remains an “Outperform” and its top small-cap oil & gas pick, due to attractive valuations and aggressive fleet expansion.

Noting that the agreement comes as part of the renewal for its three vessels that have expired on Aug 31, 2012, as well as revisions for the remaining 5 vessels (yet to expire), HwangDBS said its TP for Perisai is RM1.20.

Hong Leong Invsetment Bank said the management of the company has recently told its researcher that 80% for its income up to mid-2013 is guaranteed.

For this reason and the optimism on the new agreement, Hong Leong IB raised its TP for Perisai to RM2.92 – much higher than other research houses.

Bursa Malaysia Brokerage Comparison

2012-09-19T11:19:00.000+08:00

Currently I have 2 account, Maybank and OSK.

I will keep OSK - it is not suitable to do trading.

Maybe Amesecurities or Mplus online to do trading due to cheaper brokerage.

Broker Name	Brokerage Fee	Intraday	Platform	Mobile Trading	Interest on Balance	Remarks
AmeSecurities	0.42% or RM12	0.035% or RM 6 Cash Upfront	Java (N2NConnect)	Yes (Not Free)	Yes 2.7 % per annum for min RM 2k	Dividend CollectionRM20 - nil, Above RM20 to RM500 - RM5, Above RM500 - 1% of net dividend, Max RM1,000
HLeBroking	0.38% or RM12 (below RM100k)	0.1 % (min contract value RM 3k)	ActiveX (Excel Force)	Yes (Free)	Yes 2.6% per annum for min RM 1k	1) Free RM 10 CDS Account Opening 2) Zero Moving Cost 3) No Charges on Dividend
HLeBroking	0.18% or RM12 (above RM100k)	0.1% Or RM 8 Cash Upfront
Maybank	0.42% or RM12	??	ActiveX (Excel Force)	No	??	??
OSK188	0.42% or RM12	0.15% 0.1% Or RM 8 Cash Upfront for purchase only	Java	Yes (Not Free)	Yes	Yes

Mplus Online

0.35% or RM12

0.035 % or RM 6 (cash upfront)

ActiveX (Excel Force)

Yes (Free)

Yes

2.6% per annum for min RM 1k

1) Free RM 10 CDS Account Opening

2) Zero Moving Cost

3) No Charges on Dividend

Hui Yi passed away

2012-09-19T11:09:00.002+08:00

I just went to IJN on Monday, but Tuesday she passed away. Just treasure your love one.

Her fighting spirit will remained in your heart forever.

News extracted from the star:

Miracle heart transplant girl Tee Hui Yi, who survived two transplant surgeries, passed away Tuesday at the Batu Pahat hospital. She was 19.

Tee was rushed to the hospital after complaining of chest pains around 10am, but doctors pronounced her dead half an hour after arrival.

Tee's father, Ah Soon, 57, said doctors did not inform the family on her actual cause of death.

"She was fine but complained of body aches last night.

"She vomited several times (in the morning) before her body went weak and she stopped moving," said Ah Soo, adding that he tried to resuscitate Tee but to no avail.

Tee stopped schooling after Year Four when her health deteriorated. She was supported by a mechanical heart while waiting for a heart transplant.

She underwent her first heart transplant at the National Heart Institute (IJN) in Kuala Lumpur on Oct 4, 2007, but her body rejected the organ.

Hui Yi then underwent a successful operation the next day. She was discharged from IJN on Dec 22 after spending 15 months in the hospital.

Tee's body is currently placed at a Chinese funeral parlor along Jalan Fatimah here for prayers and the funeral will take place on Thursday.

- The Star

Scientex - better results

2012-09-18T17:23:00.002+08:00

Scientex - Industrial packaging manufacturer and property developer posted a better profit.

Financial Summary (20120918FA00019)
Company Name	SCIENTEX BERHAD
Stock Code / Short Name	4731 / SCIENTX
Date & Time Announce	18/09/2012 1:06:35 PM
Subject	Quarterly rpt on consolidated results for the financial period ended 31/7/2012

Content

Financial Year End	: 31/07/2012
Quarter	: 4
Report Status	: Unaudited

CONSOLIDATED INCOME STATEMENT

			INDIVIDUAL PERIOD		CUMULATIVE PERIOD
			CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
			31/07/2012	31/07/2011	31/07/2012	31/07/2011
			RM'000	RM'000	RM'000	RM'000
1		Revenue	226,014	205,200	881,025	804,023
2	(a)	Profit/(loss) before income tax, minority interests and extraordinary items after share of profits and losses of associated companies	29,531	25,950	107,169	96,640
	(b)	Net Profit/(loss) from ordinary activities attributable to members of the company	25,166	21,788	87,869	80,118
	(c)	Net profit/(loss) attributable to members of the company	23,389	20,777	83,917	77,246
	(a)	Basic (based on ordinary shares - sen)	10.88	9.66	39.02	35.90
4	(a)	Dividend per share (sen)	6.00		13.00	0.11
5		Net Assets Per Share Attributable To Ordinary Equity Holder Of The Parent (RM)	2.44	2.17

Remarks



Submitted By/Contact Person:
Ng Boon Nge

Heart valve changing

2012-09-18T17:22:00.002+08:00

Yesterday 1st time went to IJN ( institute jantung negara) to visit a friend who have to go through valve changing.

What is this surgery about?

The treatment fees is about RM 50k. This is congenital disease, is a condition existing at birth and often before birth, or that develops during the first month of life (neonatal disease). So do treasure your love one.

I look at the scar from the surgery, I feel traumatized. The wife of my friend is still strong.

Money and You

2012-09-18T14:27:00.000+08:00

Very good article, It can help you to think twice if you maximized your loan in property investment. That the set back I think of when I want to buy a property.

WHAT if no tenant?

Can I sustain?

I am thinking of starting a business.

What should I do? Will share more If I have concrete Idea.

Money & You by YAP MING HUI

A FEW months ago, I was having breakfast with a friend when he told me about the seminar he was going to attend in May to hear Robert Kiyosaki speak. In the past year, he had read all the author's books and had already taken out two maximum loans to buy properties to rent out. I was curious to know more. We barely finished drinking our coffee when he insisted he had to leave. He was going to the bank to apply for another loan to invest in more properties. There was little I could say or do to stop him from leaving. As the day progressed, I could not shake off an uneasy feeling that something was not right. I worried that my friend might be setting himself up for financial ruin. As I edited the opening pages of my new book, I recalled my introduction to Kiyosaki's work and understanding of his principles.

More than 10 years ago, at about the same time when I made the decision to pursue a career as an independent financial advisor, Kiyosaki published his seminal work, Rich Dad, Poor Dad. In it, Kiyosaki challenged the preconceived notions the middle class had about their inability to achieve financial freedom. In highlighting the need for financial literacy, the advantages of becoming a business owner and investor, and overcoming obstacles with a positive attitude, he underlined two fundamental concepts of financial freedom: a “can-do” attitude and fearless entrepreneurship. I have no doubt that Rich Dad, Poor Dad had a positive impact on millions of people all over the world. Indeed, reading it certainly inspired me to work towards becoming rich and doing this fast. However, as time passed, I observed that many Malaysians who adopted Kiyosaki's approach became trapped in the “rat race” with no way out. This outcome was the exact opposite of what Kiyosaki envisaged in Rich Dad, Poor Dad. I wondered why this was so and decided to read Kiyosaki's books again. It was clear that Kiyosaki's other books built on Rich Dad, Poor Dad and helped to crystallise some important theories about personal finance.

For instance, you should not spend more money than you earn. It is important to invest in assets rather than liabilities to build a passive income from your investments. This is how to make your money work for you so that you become rich and wealthy. Nevertheless, with the benefit of experience and knowledge as an independent financial advisor, it was not long before I became uncomfortable with what Kiyosaki was saying. In the book he co-authored with Donald Trump,Why We Want You to Be Rich: Two Men, One Message, he made statements which implied that the only way out of the “rat race” for the middle class was to become rich. Also, all the suggestions Kiyosaki made were about “what to do”; he never gave concrete advice on “how to do it.” For example, you must take on “good debt” to become wealthy. This meant taking on more risk by acquiring loans to invest in properties. However, he didn't show you how to manage this risk or the investments you made. I feel that the approach Kiyosaki advocated is muddled and has the potential to be both dangerous and misleading. The closest analogy I can give to illustrate my point is this: you're put in a Formula 1 race car and told not to be scared as there's nothing to stop you from driving at the same speed as other Formula 1 drivers. Only, you have never learned the special skills needed to control a race car. The fact of the matter is that taking on more risks does not guarantee financial success. Fraught with uncertainties, it might get you rich quick, but it can also ruin you.

For instance, I know a 45-year-old bank manager who, inspired by Kiyosaki's work, quit his well-paying job to start a business. Two years later, his business is heading nowhere, he is on the verge of eviction, his wife has taken the children to live with her parents and the hire-purchase company repossessed his car. Then, like my friend with whom I had breakfast, many have taken out maximum loans with a view to getting rental income and capital gain. However, they cannot find tenants or buyers and struggle to make the installment payments to the bank. To be fair, let me state that I am in favour of what Kiyosaki proposes; in fact, we share a common purpose: both of us want to help people to get out of the “rat race.” However, I feel that, on the whole, Rich Dad, Poor Dad and other books by Kiyosaki are no more than successful tools to motivate people to think about how to manage their personal finances. It is unwise for Malaysians to use Kiyosaki's work as the only guide to acquiring wealth. In other words, getting rich is not the only way to get out of the “rat race.” I am confident enough to say this because I have discovered a more plausible and less risky solution to becoming wealthy. Instead of jumping straight into taking on more risks and acquiring debt, take a metaphorical step back and start by optimising your existing financial resources.

The aim of doing this is to help you work towards becoming financially free. The by-product of this exercise is that you will acquire knowledge and experience about how to manage financial risks and investments. When you have become financially free, your position is secure. Only at this point is it wise to start applying Kiyosaki's concepts and ideas to increase your financial risks and acquire more wealth. When you adopt this approach, rest assured you will enjoy peace of mind and have the ability to focus wholeheartedly on creating more wealth regardless of the outcome. This is because you will know that you are financially secure. By far, this is a more certain, safer and better approach to becoming wealthy.

Source: Star Business

Kate Middleton - royal scandal

2012-09-18T14:15:00.002+08:00

TASTELESS ITALIAN MAGAZINE PUBLISHES TOPLESS PICTURES OF DUCHESS

Down market Italian magazine Chi has published 18 controversial pictures of the Duke and Duchess of Cambridge on holiday.

And in a bizarre and at times embarrassing series of interviews its editor described Kate as a 'Greek goddess' and William as a 'fine figure of man.'

Alfonso Signorini, 48, went ahead with the publication despite calls from Buckingham Palace to respect the couple's privacy.

In a tasteless and trashy article accompanying the photos the magazine also commissioned a plastic surgeon Paolo Santanche to describe the Duchess’s body.

Signorini, 48, a former Latin teacher said: 'I really don't see what all the fuss is about. I don't see how a topless photo in 2012 can create all these scandal and controversy. Kate is a very beautiful woman. What is the problem - and William is also a fine figure of a man.

All Kate is doing is sunbathing topless like millions of other women. They are a normal couple in love.'

The pictures are the same ones that were used in the French magazine Closer last week and which were taken while the couple were on holiday in a French chateau in Provence.

Signorini boasted: 'There were no scandalous pictures but if there were I would have run them.

'The Duchess was sunbathing topless on a terrace that looked out onto a public road. Anyone could have come along and taken her picture. Privacy only comes into it if you go onto someone else's property.

'What the pictures show is just a normal couple in love. I really don't see anything shocking or scandalous in publishing them.'

How to buy share from Bursa Malaysia?

2012-09-18T13:52:00.003+08:00

Eligibility:

> 18 years old.
Step by Step Guide:
1. Open a Central Depository System (CDS) account: you can do this by approaching an authorized depository agent such as stockbroking company and some banks.
-provide photocopies of IC (identity card)
-fee RM10
-You will receive the account document by mail.

- Form required: CDS opening form

2. Open a trading account with stockbroker: this will be done simultaneously when you open the CDS account.
- need to provide income statement
- fill out trading account form
- the stockbroker will check your credit status at CTOS (Credit Tip-off Service) and stockbrokers’ defaulters’ list – in order to qualify you and set your trading limit
What do you need to know about CDS account?

- it allows you to buy and sell shares
- it also allows you to trade non-equity counters such as bond and warrants
- it is something like a bank account – you keep cash in bank accounts, you keep shares in CDS accounts.
- you can have more than one CDS account
- there are two type of CDS accounts: direct and pledge
- if you have a direct account, you will receive the dividend checks and prospectus mailed to your house.
- if you have a pledge account, the stockbroker will receive the dividend payout and prospectus on your behalf. Then the stockbroker will bank in to your account.
- normally banking stockbrokers will require you to open a pledge account.
you will get CDS account statement monthly. If there is no activity, you will still get the statement on June and December.

3. Get a remisier: normally your stockbroker will appoint one to you if you don’t have any particular preference.
- remisier has to be licensed by the Securities Commission
- remisier helps you make the order: sell? or buy? at what price?
- get someone you like and trustworthy as your remisier

4. Buying and Selling Shares: You can key in your order at online system provided by your stockbrokers, or call your remisier to make the order. If your buying order match a selling order, you will get a trade confirmation. The stockbroking firm will then send out contract notes to you specifying details of transaction.
5. Payment: When you buy share of company S, your CDS account will be credited with share S at 9am on T+3 (T=transaction date). The 3 days only include working days. Your payment had to be made on 12.30pm that day. If not, your share will be forced sold at a contra loss or contra gain.

6. Fees

brokerage fees – maximum 0.7% of the value of total shares traded, normal practise is 0.6%, If you choose cash upfront account, You may get as cheap as 0.035% (Mplus online) or 0.1% (Hong Leong Bank)
Clearing fees - 0.04% of contract value subject to cap of RM500
stamp duty – 0.03% or RM1 for every RM1,000 worth of value

Source: KC Lau

You can get rich by Investing in Bursa Malaysia

2012-09-18T13:07:00.001+08:00

Why Invest In Bursa Malaysia?

Investing is making your money work for you by getting your money to generate more money. Investing in stocks has consistently proven to be one of the most profitable forms of investment available.

The benefits include:

Immediate Buy/Sell so you can sell part of your investment any time.

Very low transaction cost.

The freedom to work at your own place, at your pace in your own time.

Easy monitoring — log in to the market from anywhere in the world.

Being able to maximise returns whilst spreading your risk.

A predictable form of investment if you know what you’re doing.

Putting you in control and freeing you of fund management fees.

Considerable tax advantages.

Things to watch out for:

The market can be a volatile place.

You must acquire knowledge of what you are doing.

You must monitor your investments.

You must learn the discipline to enter and exit the market on entry and exit signals.

Can Ordinary People Profit from the Stock Market?

Many people say things like “I’d love to get into the stock market” or “If I had more money, I’d invest in stocks”. Many people also believe that to make a profit from the stock market you either need to be rich already, be a full-time investment trader or be a financial whiz.

Not necessarily so.

Let’s take a look at three different scenarios of ordinary people in the stock market to see how they fared. This will let us view how the process works, the different approaches, and how returns are generated.

Scenario 1:

John works in a manufacturing plant earning RM33,000 a year. After rent, living and personal expenses, John has managed to save RM1,500 over the past 6 months that he wants to invest in the stock market. John buys 1,600 shares in ABC Mining at RM0.90 per share (RM1,440). He also pays RM32.95 brokerage fees for buying the shares. In total, John has invested RM1,472.95.

Six months later John decides to sell his shares. He has kept an eye on the performance of ABC Mining and they have risen to RM1.19 a share. John sells his shares for RM1,904. He also pays RM32.95 brokerage fees for selling his shares, leaving him with RM1,871.05. That is a profit of RM398.10.

RM398.10 may not sound a lot, but remember John only invested RM1,472.95 for 6 months, so he won’t make a huge return. Nevertheless, John made a 27% profit which is far better than he would have made by putting the money into his savings account.

Scenario 2:

May and Chong both work full-time in professional jobs. Together, they earn RM120,000 per year. After mortgage repayments, living and personal expenses May and Chong have managed to put away RM5,000 that they want to now invest in the stock market. They buy 1,500 shares in AAA Steel at RM1.48 a share (RM2,220) and 1,500 shares in XY Manufacturing at RM1.33 a share (RM1,995). They also pay RM65.90 brokerage fees for the two transactions. Their total outlay is RM4,280.90.

Over the next 12 months AAA Steel shares have risen to RM2.60 a share and XY Manufacturingshares have moved to only RM1.38 a share. May and Chong sell their shares for a total of RM5970. They pay their broker RM65.90 and are left with RM5904.10. Their initial investment was RM4,280.90. So, they make a profit of RM1,623.20.

Scenario 3:

Aminah is retired, owns her own home and earns a comfortable income from several long term investments. Aminah would like to invest RM15,000 that she has set aside for buying shares.

Aminah selects a portfolio of 5 companies and aims to invest around RM3,000 in each. Aminah buys 3,333 shares in ABC Mining at RM0.90 a share (an investment of RM2,999.70). She also buys 2,027 shares in AAA Steel at RM1.48 a share (RM2,999.96) and 2,255 shares in XY Manufacturing at RM1.33 a share (RM2,999.15). To complete her portfolio, Aminah buys a further 2,912 shares in MM Multimedia at RM1.03 a share (RM2,999.36) and 3,000 shares in BB Furnitureat RM1.00 a share (RM3,000). Aminah also pays RM164.75 brokerage fees for buying the shares. In total, Aminah has invested RM1,5162.92.

12 months later Aminah sells her shares. Four of the shares have increased in value but BB Furniture has dropped to RM0.95 a share. ABC Mining rose to RM1.19 a share returning RM3,966.27. AAA Steel rose to RM2.60 a share returning RM5,270.20. XY Manufacturing rose to RM1.38 a share returning RM3,111.90. MM Multimedia rose to RM1.09 a share returning RM3,174.08. BB Furniture dropped to RM0.95 a share returning RM2,850. In total, Aminah’s shares returned RM18,372.45 less RM164.75 for brokerage. This gives a total of RM18207.70, earning a profit of RM3,044.78.

Source: http://www.klse.com.my/website/bm/bursa_basics/