GPacket

GPacket

0.575. Not bad for a stock that nobody willing to take a serious look at it for a long time.

Skpres

2.35. Up 7 cent and that makes it an all-time high close today. Not bad for a stock I have just invested some 7 months ago at around 1.2+

Jaks

1.68. Not very far from its all-time high 1.79 attained in April 2017. Nonetheless, those who had invested in December 2015 at around 1.20 still have make some 40% profit. You may have make higher profit with other stocks but there is no denying this stock has given a good profit. Imagine if you have invested RM100,000 since then and now your capital is RM140,000.

_ _ _ Berhad

0.9+ Will this be another extra-ordinary stock this year? Let see. Perhaps it might as well be my stock recommendation from this year 2018.

Happy New Year

Good Luck

The twin stocks

Old man like me still learning about computer technology.

Just learned that I could use desktop computer to use whatsapp. Amazing indeed.

Many people asked which is the "twin" stock I am talking about in my previous post.

Here you are. Screenshot of the whatsapp conversation obtained through desktop computer.

The conversation was some time in May this year.

I must admit I did not buy that twin stock but my associates did. Not one but both the twin stocks. Congratulation to them. In fact, they made profit for most of the other stocks I told them... Gadang, RCECAP, JAKS and the recent two stocks. I am happy for them.

I have one more in my sleeve but am a bit worry it will end up become speculative play for most people instead of for long term investment because of its lowly priced at the moment. I will share about it when the stock has "matured" a bit perhaps.

Good luck.

Skpres - Cool run up

SKPRES

Good thing will always shine one day.

So glad this one did not take long to be discovered by the market.

I hope those who received my email in April did bought this stock. In fact I only bought it later in May 2017. Actually, this stock has a "twin". Her twin had already claimed the magic number of 100% rise in price. Sadly, I did not buy her because I love Skpres more. 

You cannot have all and buy all, can you. Finally, her other "twin" Skpres is playing catch up now.

Good luck.

Its share price closed at all-time high RM1.91 on 3.11.2017.

Email reply

I must admit I am quite slow in replying emails. There were time many emails were missed out or totally not read at all, what more recently there are many emails flooded my inbox.

I belong to the dinosaur generation where computer was known to be as big as a classroom blackboard. While I try to catch up with advancement of technologies but my eyes don't necessary agree with me. It is quite tiring looking at the smartphone for more than 10 minutes !

I still prefer to use my ever reliance old junk desktop computer. It is a machine that my grandson will never stand near to it and he often tells me it is too slow to do anything. Of course he just trying to be naughty.

Back to my original intention for this post. If anyone of you who had deposited into my grandson's dad's account but have yet to receive a reply from me, please send me a reminder. I really have lost track on those of you who have deposited. There were too many than I would have expected.

By the way, I found out that many thought that I am providing some sort of stock recommendation services with paid subscription. Unfortunately, it is not the case. It is actually a project that I started for my grandson back in late 2015. If you are no sure what i am talking about, perhaps you may want to read my post below

http://unclezmalaysia.blogspot.my/2015/12/i-will-fall-in-love-with-this-stock.html

On a different note, you may want to take a good look at Gpacket. Its future seems promising now which warrant a second look.

Good luck

Exciting Time

Whenever I started to hear "I should have buy more" or "I want to buy more now" or "What good stock to buy?", I know exciting time, yet again, has come to the stock market. Everyone yearn for it. It has been relatively uneventful period for the past one year for the stock market. Now is certainly a refreshing period. How long will it last this time? Nobody will know but why not we welcome it while it lasts. I am not suggesting we must pour everything we have into the stock market but rather we must invest sensibly.

Quite often during this period of time, people will start to ask "What stock can I invest?" Sometime I rather not to answer but trying to be polite, I just said "put some money that doesn't cause an arm or a leg if anything happened". Because I knew based on their demeanour, they already have decided to buy with or without my opinion. They just need someone there to reinforce whatever they intend to do soon or maybe already had did it. 3 most possible scenarios of their current situations will be when asked further:-

1) He or she has not invested anything prior to this or invested in some stocks.My question will be - what make you think you are really investing and not trading this time around and why now when the market is hot and not say 6 months ago when the market is cool?My humble answer is you are probably attracted by the easy money from the hot market. You will get out as soon as you get in. Therefore, you have to be careful dabble with stock market.

2) He or she has invested in some stock but the price not yet move and wanted to top up the same stock.My question will be - is the company still fundamentally good as the first time you bought it?
If yes, my humble answer is no harm to top up.

3) He or she has invested in some stock that price has moved up and wanted to top up the same stock instead of dispose it.My question will be - have you satisfied with the profit and has achieved what you have targeted during your first buy?If yes, my humble answer is take the profit and enjoy the fruit of your investment. Then take your time to hunt for next stock investment. Be disciplined and steadfast to your goal is the key to sustainable stock investment mindset. It doesn't matter if the stock price keeps climbing after you have disposed it. You have make your profit, and let someone makes theirs.

If no, my humble answer is no harm top up units of the same stock. The quantum is a matter of your personal risk tolerance. As for my recent case, I have topped-up 25% units when the price has increased 40%. The reason for doing this is pure mathematics to plan my top up arrangement rather than based on emotion. Bear in mind, this arrangement might not work for you if your current stock holding is less than 10,000 units. By stating 40% figure doesn't mean I have set my exit price. Certainly not. My exit price is a function of the company financial performance in future, it means as long as the company grows, my exit price grows in tandem, it means my exit price is dynamic, it means it is a long term investment.

Whatever it is, the bottom line always is we must make money from stock investment. Doesn't matter how much you have made, as long as you are happy after selling, and that matters. Doesn't matter your next friend makes more profit than you, as long as you know you have made the right stock choice and it had given you that profit, and that matters.

By the way, many had asked why I did not talk about JAKS. Well, i think recent events had already attracted so much attention. Nothing more need to talk about, really. You can make your own judgement. To buy or to sell or to stay, only give us the same outcome - that is we will still glue to the computer screen for some time now.

Good luck.

My apology and 2017 stock recommendation

My 2016 stock selection did not performance as expected. Nevertheless, at RM1.48, it still give us a 22% gain since December 2015. I wish those who received my report on JAKS are still holding on to the stock until now. Please accept my apology for the "slow" performance of this stock. I was wrong. I would like to think last one year could bring better price action in this stock price but it did not as anticipated.

If you have indeed keep the stock until now, not only you have gained a 22% in capital but more importantly you have gained the wisdom of patience in the game of long term stock investment and that's more important than a 22% gain.

How about this year 2017? I have one stock recommendation for 2017. Actually, I was a bit shy when JAKS stock did not performance as what I would have expected. Because of this, I was a bit reluctant to make new recommendation for year 2017 back in January. Maybe it is time now to share my 2017 stock recommendation but there is a caveat - the stock has climbed 33% since the first batch of my purchase in September 2016.

For those who have contributed to my grandson's education fund previously, I wish you could be kind enough to continue to do so this time around. As a token of appreciation, a report on this new stock will be provided, similar to the report on JAKS. If you are not keen, well, no problem.

Nevertheless, here you are, RCECAP is the one stock that I have invested for this year.

Don't worry. There is no April's Fool.

Good luck.

Its stock price closed at RM1.78 on 31 March 2017.

unclezm@gmail.com

6 months has passed

Yes. I was away from this blog for 6 months. After my last post, I told myself I should leave my share market thought for awhile. If not, it is against what I have been telling people that stock market is for long term. Talking about stock market every now and then is no different playing into stock market everyday. Emotion tends to creep in to cloud our judgment. We should look at stock market once in awhile, make our stock investment and leave it as it is. Come back after some time and certainly not every day or week. Some advocate 3 months. But I think 6 months is still reasonable. If you are one hardcore long term stock investor, 3 months or 6 months or even 1 year is nothing. This is because if you have been buying good stock, the feeling should be like - after 1 year, when you open your fixed deposit account and you know very well your fixed deposit values will definitely increase and not decrease. In stock market is the same. Of course I am not talking about just 3% increase like what fixed deposit interest rates would give you. We should aim higher. But then even if you can get 20% increase in stock values after 1 year is pretty decent.

My grandson wishes to thank those who had contributed to my little project which now has allowed him to buy some educational materials

The last 6 months has not been easy for stock market. I think everyone knows the reasons. This is just part and parcel of stock market risks. If your stock price has dropped, don't worry too much. Anything goes down will come up again.

Admittedly, the stock I recommended last December has not been doing well for the last nine months. Well, I recalled the same goes to Gadang, a stock selection of mine last year. Give it some time, and now look at its price. It has already increased by 100% since Here in February 2015 and Here in November 2015, and I threw a challenge Here in December 2015 to my associates.

Actually, my absence for the last few months was also partly due to health scare. But my doctors had since gave me a clean bill of health some 2 weeks ago. I am slowing adjust back to my usual routine.

Good Luck

0.60 is a good start

The recent news flow has excite the market somewhat.

This guy has my trust for putting my money into his company stock

From a ACE stock to full fledged main board stock, it is certainly has come a long way. Recently the company has done another right thing - reward its shareholders with its maiden dividend.

For those who just come to know this stock recently will thought this is just another temporary hype that will fade away just as fast as it came. But the thing is, I enjoy this kind of feeling. It's nice feeling even though it is once in awhile. It's all boiled down to the fact that I know this company has been doing all the right things in managing the company on the back of solid business model. Recap. My first taste with this stock was some time back in mid 2013 when I first purchase the first tranche of shares at RM0.55. Here. And I first talked about this stock here in March 2014. Here. This stock had went through a bonus issue and right-with-attached-free-warrant issue corporate exercise since then. Consider the price adjustment for these two corporate exercises, the total portfolio value based on current price has actually tripled as compare to the price at the time of my first tranche of shares was made (There was also private placement exercise for selected investors along the way. Imagine the profit these investors had made). No doubt it took two and three-quarter years to achieve this result. I believe many people don't mind though. That is why it is called long term investment. On top of that, I don't have any worry investing my money into this kind of stock and I have good night sleep every night. I don't know about you but that's very important to me. Furthermore, dividend has started to flow in. Investing in stock market supposes to be a healthy endeavour experience and not a stressful mental workout.

Good luck.

Its price closed at RM0.835 on 18.03.2016

To buy or not to buy

To buy or not to buy

Or rather to invest or not to invest.

I believe most people have this predicament when comes to invest their money into stock market or into any particular stock for that matter.  Sometime we asked this question to someone, sometime we asked this question to ourself silently and in more extreme situation, we asked someone upstairs for guidance. There are many reasons why this question is asked.

Why is it so. If one has done their homework, had done the homework on the financial numbers, had researched the company profile, their businesses, and even analysts have also given their outperform outlook, then why are we still asking this basic question - to buy or not to buy.

What are we really waiting for?

There seemed to be few reasons and some are rather perplexing. For example, I have a friend who do not buy or invest any stock even after he had done all the necessary homework. In the end, he bought a totally different stock altogether. When i asked him why. His answer was "I was about to buy but last minute my friend said this company cannot invest. My friend said this company has this and that problems. So better don't buy". "So what about your time doing all those researched", I asked further. "I was scare when my friend told me that", was the reply.

Another reason i noticed is there are too much information and this overload ourself. Wealth of analyst's reports, financial data, company information, gossip and whatnot and this make us confused on which stock to invest. Not that the stocks are not good but it is simply too many of them. Most people have limited fund to invest and this make us want to get the ONE stock that could give us the fastest capital returns in shortest possible time. And i see this as major hindrance to train ourself to survive in stock market in the long run. Many do not realize they actually end up as stock trader instead of stock investor.

When one decides to invest their money into stock market, the first question to ask is not "to buy or not to buy". Never. It is also not the question of "is time to buy now or not". Don't. The one question should ask yourself is "can I buy or cannot buy".

Can or cannot is related to capability to do something. Therefore, can buy or cannot buy is related to whether one could afford to do it. But be careful too. Can afford to do it now doesn't mean one can afford the same in the future. For example, one may afford to buy a car now but does mean one could afford to continue to own it in the future.

Once the question of afford(ability) is settled, then lets talk about objective. The objective must be about long term investment. If the objection is about quick bite and run, what you just read is irrelevant.

Many people asked me this question of "is it time now to buy". I have very simple answer if I asked myself this question. But my answer to myself might not be acceptable to the next people simply because of the above question has not been settled just yet.

If one has 100k to invest doesn't mean one could afford to invest in stock market because, first, the mindset is different which, in turn affect your objective. Second, could you afford the same, say, a year or two from now. Put it another way. If one has 100k to invest but needs the money to do something else in a year time. One could afford to invest the money now but when needs the money later, he or she may not able to get out in time. Worry will start to set in. The mindset will be clouded with uncertainty. One will be worried that the stock might not go up. Worst still if the stock went down then he or she is force to sell at a loss when the money is needed for something else.

But if the 100k is without any foreseeable plan to use, I believe the mindset is very much different. Time factor to get out from the stock market is not there to force you to make critical decision.

But how many people have the luxury of 100k sitting idling in bank or under the pillow waiting to invest in stock. Never mind. What you need is a correct mindset to start with. It works the same even you have only 5k. Once you have the correct mindset, you wouldn't worry too much of the current fluctuation of price because it is just emotional play caused by market players. And you wouldn't worry too much of the company itself because the company is as solid as hardrock. Ofcourse you must have done your homework well enough. Therefore, if affordability issue is settled, mindset is clear, company is solid, then it is THE time that will help you achieve your objective. And the time i am talking here is long term.

Good luck.

Will anyone loves this stock

"Barring any adverse developments, the Group will endeavor to achieve a commendable performance for 2016"

"The Group's Construction division is expected to perform satisfactorily as the progress of work moves according to schedule"

Snapshot of its Construction division's quarterly revenue and profit:-
Q2Y2015 : RM51.2 million & RM4.8 million
Q3Y2015 : RM45.9 million & RM5.2 million
Q4Y2015 : RM84.8 million & RM14.3 million

Will anyone loves this stock ? No. Nobody loves it but only UncleZ ..... initially.

Stock market is a game of prediction

What? You must be kidding, Z !

That was one of the reaction immediately when I told one of my business associates who is very savvy in business but not doing so savvy in stock market.

If stock market is indeed game of prediction, then it is no different with gambling, was the next disbelief response. Actually I already know that going be the response. In fact not only it will come from him but will likely by most people, if not all.

Late last year, stock market brought back some shine to many people. Many stocks hit new high. This brought back many retail players into the market. Then not long after that, in January, the market was badly shaken. In fact, many economists have predicted the economy of the country will not be doing well long before 2016 greets us. Yes. Many economists predicted that. And on the same backdrop, many stock market experts too predicted the stock market won't be doing well in coming months. There were many whispers predicting December 2015 was going to be last window dressing exercise to help prop up some stock prices before headwinds going to hit us in 2016. On the other hand, in the midst of these headwinds, some analysts predicted which sector of stocks to invest in to reap maximum profits. Some go as far as to use fengshui to help reinforce that prediction. Some use technical analysis to predict the behaviour of stock price. So you see. 

Everyone and anyone is trying to predict what will happen to the stock market in the coming days or months. Everyone and anyone who buys stocks is based on his or her prediction that stock will perform. With the onslaught of some many predictions, our hands are so full that we don't know which one prediction is more accurate than the next one. Many people failed in stock market because they use the wrong prediction based on the wrong reasons and from the wrong sources at the wrong time.

If one predicts December 2015 is going to be window dressing exercise, one would have high tendency to buy in Nov and sell when price is up in Dec. This kind of prediction might be true but it is wrong reason to buy stocks.

But if one chooses the prediction of foreign funds might be coming back because of MYR currency is so weakened now that it is cheap for them to come back to our shore, one might consider to higher the bet based on this prediction.

That brings me back to the stock that I fall in love this year. I believed in the prediction that the company will do well based on the information I received and trusted with good reasons. But it is still a prediction on that of its stock price performance. No more no less.

Celine Dion's Husband, 73, Passed Away

René Angélil, musician and husband of worldwide singing sensation Celine Dion, died on Thursday, January 14, 2016 after battling throat cancer. He was 73.

"René Angélil, 73, passed away this morning at his home in Las Vegas after a long and courageous battle against cancer," the statement read. "The family requests that their privacy be respected at the moment; more details will be provided at a later time."

The Clark County Office of the Coroner/Medical Examiner also released a separate statement regarding Angélil's death. "Mr. Angélil, 73, died of throat cancer at his home in Henderson while under the care of a physician," Clark County coroner John Fudenberg said in a statement. "We have determined Mr. Angélil’s death was due to natural causes. No further investigation into his death is expected. Our condolences go out to Mr. Angélil’s family and friends during this difficult time for them."

Dion also confirmed the heartbreaking news via Twitter. Angélil was born and raised in Montreal and embarked there on a music career in the 1960s. Eventually, he went into the artist management side of the business and became Dion's manager. The French-Canadian couple married in 1994, a few years before Dion cemented her legendary status with her biggest, most iconic song, "My Heart Will Go On,” which was featured in James Cameron's Oscar-winning flick, Titanic.

Dion and her husband share three kids: eldest son René-Charles, 14, and twin boys Nelson and Eddy, 5. The songstress, who took a hiatus from her residency in Las Vegas in August 2014.

"I’m trying really hard to show my children that sickness and things happen in life. You cannot be crying and be depressed and consistently talk about, ‘Oh my God,’" Dion, 47, told during her return to the stage. "René-Charles is going to be 15 years old soon. He’s a wonderful young man. He’s entered his teenage years, and sometimes we can go really crazy, for some teenagers, but so far so good. I have tremendous respect for my oldest, René-Charles, because he’s showing strength to see his dad this way because he’s been his anchor. When he was younger he knew his dad was older but they bonded a lot. I’m sure it's hard for him."

She added: "Unfortunately there a lot of people struggling with battles. When you have family around I think it helps tremendously."

Dion told in that interview that she was proud of her husband. "He doesn’t stop amazing me," she said of his strength. "I’m being heard through my interviews, through my songs. This is his time to be heard. This is his way. It’s going to be his way, and it’s going to be the way he wants it to be."

- US

*****

It is her husband who makes her who she is today and always there to support her career. I had watched her performance on stage in Las Vegas few years back. She is an amazing singer on her own right. On personal front, she is such a lovely woman with full of passion and humility. I hardly see any bad comment about her in media.

 I love her musics and her real person.

https://www.youtube.com/watch?v=gjM3YFs_EjY

https://www.youtube.com/watch?v=UfJ2O6J4UoE

Property and New Year 2016

I wrote about this exactly 2 years ago. here.

That was in 2013. At that time, things were still pretty good in property industry and fully aware that year 2014 and 2015 will be hard hit on property industry. But i made an estimation that property industry will improve and getting better in year 2016. And now, here we are, year 2015 has ended. We are now saying hello to year 2016.

Unlike the previous years, I could feel subdue mood all rounds whenever I met with people not only in property industry but in other industries as well. There is something everyone feels not right but yet cannot do much about it. But we have to move on and look forward.

2 years on and now year 2016. My property investment in Setia Eco Glades will be coming on stream early this year. I wish I will be only getting the keys by end of 2016. But no. With developer is emphasising on efficiency in delivery of houses, keys are expected to be delivered ahead of schedule in first quarter of 2016 ! Anyway, I am not worry at all. Landed property is and will always is a safer bet for property investment.

My recent visit to view the almost-complete product is breathtaking, to say the least. Nice environment, waterway streaming near the backyard, butterflies beautifully flying around as though welcoming you to their new sanctuary and most important is the quiet and tranquillising environment. 

I wish I could move there. But no. Moving is out of question. Too old for that. I am too rooted at my current place, just like i am too rooted to this country that any country that I went I still feel the belonging to this country.

Let's hope this New Year is one that is joyous and prosperous to everyone.

Malaysia will stand tall again.

Happy New Year

Gadang - the giant coming Ep.2

Gadang.

Today its price jumped 16 cents to close at all-time high of RM2.35. The highest jump in a single day for the past one year. I received many 'aiya' message from my associates today because of either they have missed the excitement for not having invested in this stock or had sold out the stock too early.

I was asked why such the strong price movement. The answer to this is very obvious which I had said much earlier and the answer remains the same. Here.
 

This is what I tell people whenever was asked why I invested in a particular stock - I already know I make money when I buy the stock and not when I sell the stock.

What a nice way to start a New Year.

Good Luck.

Its price closed at all-time high RM2.35 on 05.01.2016.

The Goose and the golden eggs story

Today, one of my fund managers called to say hello as he usually does when certain stock hits new high. Sometime I feel like he is a alarm clock to me. Very updated. Very good of him. Being a businessman he is, he asked whether I have any plan to liquidate any stock that is sitting on huge paper gains.

He even told me that I have been holding the stock since donkey years. Of course he was joking as he always does when comes to my investment style. My reply to him was that why kill the goose that lays the golden eggs. Actually he makes money too when my portfolio increases.

The PE question

I received the following question from Vincent recently.

Hi Unclez, I have been following your blog for quite a long time, and I am impressed with your long term value investment. I have bought Presbhd before Bonus Issue and I sold it during last year December sell down in the view that the earning was reducing and PE was quite high as well. I then told myself to buy back when the price back to the reasonable PE, which might be around 20. But since then the price has gone up until now PE around 90. I missed the boat along the road, or perhaps I should not sell at first place. Can you enlighten me what strategy should be implemented when we are seeing high PE stock, why some stocks already traded at high PE still can go up, whereas some like Gadang before went up recently has Low PE last time but the share price didn't move much. I believe both Presbhd and Gadang have bright future growth, and I can categories Gadang was undervalued share with Low PE. But how about Presbhd and Dsonic? Hope to hear from you and appreciate your views very much as I am still learning in stock market. Thank you.

What attracted me is the question of PE. Many people had asked me this similar question and they are looking for a sensible answer. PE is a ratio number. Simply, price of stock divides by earnings per share. The P, we usually take current price while the E, we take last year full year earnings. That lies the problem. PE ratio become "history" number. Thus, it is not a very good yardstick to determine whether a particular stock is pricey or otherwise. I prefer to use prospective PE, meaning base on future earnings rather than last year earnings. And that is the challenge. Everyone can have last year earning numbers but no one can be 100% sure of further earning numbers. So how. you may ask? Well, let's put it this way. Stock market is not a fair game. The person who makes the most money is the one who knows the pulse of the company. Sadly, ordinary retail players have this disadvantage. They mostly rely on analyst's report.

My friend, a chief fund manager, had described the characteristic of PE in a more academic but plain way. He said if the earnings of a stock is expected to improve next year, for example, the market would have priced this in and hence, the stock would starts to run. But since the earnings of the stock has yet to be delivered, naturally the P component of the PE ratio would rise first, making the PE number high. Subsequently, when the earnings are really delivered, the E component goes up, thus reducing the PE valuation. However, and this is the most important part, if there is another round of earnings growth, the P goes up again, raising valuations. UncleZ always looking out for this "another round of earnings growth" with the help of knowing the pulse of the company.

PEs are about long term averages and made up of extreme highs and lows. Low PE stock does not guarantee for good price action but does give certain comfort level than high PE stock. Stock market works in mysterious way. To be successful in stock market, PE is just one of the tool to use but not and cannot be the only tool to use to decide your investment action.

Anyway, you had sold stocks and made profits, that is good and fine. Atleast you have won the market, not losing to it. And that's the goal. What you have missed out is probably the question of big win or small win. But it is still a win. Well done.

So, Vincent, I hope this enlighten you.

Good luck.

I will fall in love with this stock

I have the privilege to be invited to accompany an entourage to a fast growing ASEAN country of 3 times bigger its population than Malaysia. It has vast land and huge human head counts. For the seasoned businessman, he will see there is huge business opportunities to grab. This country needs technology and financial muscles from outsiders to bring up its economy and social development. The government is doing what they can and could afford by easing or relaxing many of the rules. One company that has benefited from this open policy by the government and that was where I had the opportunity to join this trip to the country to see myself first hand how things are doing.

 

Of course going there without a punt or two at their golf course will not complete the trip, be it for leisure or business trip. It is on the golf course that conversations are more relax and candid. The conversation with one of the entourage member, which happened to be a strategic fund manager, went something like below.

 

A : How is thing went on so far?

Z : On stock portfolio front, very good. On personal health front, not so good. Doctor advised me to take extra caution on my diet and exercise more. When one getting older, this is to be expected.

A : Don't worry Z. Come here more often. Nice golf course, nice food and so many more.

Z : Yes. At least get away from the daily dose of politics that are happening in kl. Benefit no people except politicians. You see. Not every singly day goes by without mentioning about politic.

A : Agree. You just mentioned this very moment too.

Z : Ahh yes. I did. Just cut the crap of politic and talk about....  golf game.

A : He finally managed to pull this deal through.

Z : Yes. If not, we won't be here sitting and enjoying this view.

A: Will you ride on this company stock?

Z: Yes. This is will be my first for year 2016's stock selection. Just like Gadang is for year 2015.

A: That is telling. I will take up your recommendation.

Z: I know you already make up your mind the moment you join this trip.

A: You are right. Talk about Gadang. 2.10 last Friday right? We have a good buy on this. Over 30 percent since you told me early of this year.

Z: Did I tell you specifically?

A: Not directly. Remember we were having breakfast with the bunch of us together with your teenage grandson. Your stock-wise grandson. He was so young and yet his knows of all these technical jargons.

Z: Yes. I think I remember. Yes. One by one contract is now surfacing. For your fund, I believe 30% is a good number for you to boast to your unit holders.

A: And that thanks to you, Z.

****************

I am working on a project partly to help my teenage grandson to have a good footing in this real world. All this while he has been helping me to cut, paste, write, extract newspaper cutting, typing and whatnot and help me to run it on this blogspot. There were time I did it myself but it is taxing for an old person like me. So, most of the time he helps me to tidy up the loose ends especially on the computing part. I am a person believe in no free lunch. People will value the things more when they themselves paid for it. It is not that I need it but atleast people will not take things for granted. The proceeds will go to him as a token of his hardwork and also for helping me to run this blog. I will update you via email on a specific stock to invest for long term with a brief write-up. Just USD10. If that stock did not perform within a year, I will refund in full together with an apology. Those who is interested to know more, could email me at unclezm@gmail.com

Good luck.

Photos do the talking

Photos do the talking

Home Ministry secretary-general Datuk Seri Alwi Ibrahim who represented Deputy Prime Minister and Home Minister Datuk Seri Dr Ahmad Zahid Hamidi, witnessed the exchange of agreement document between the Immigration Department and Prestariang

Home Ministry secretary-general Datuk Seri Alwi Ibrahim witnessed the signing of an agreement between the Immigration Department and Prestariang

Immigration director-general Datuk Seri Mustafa Ibrahim and Prestariang chief executive officer Dr Abu Hasan Ismail were the signatories

These bigwigs won't be there just for show photo session, will they?

The main CPU brain behind Prestariang

The National Immigration Control System (SKIN), which will modernise the services of the Immigration Department will be able to detect the entry of individuals blacklisted by the international authorities.

Home Ministry secretary general Datuk Seri Alwi Ibrahim said SKIN, which would be fully operational by January next year, will also improve the effectiveness of the immigration's delivery system.

"A competent and efficient system is needed in addressing the issue of security, especially arrangements to enter and exit out of the country and the introduction of SKIN helps to ensure that it can be undertaken in a more systematic and effective way."

"This system is also to support the government's efforts in the United States Visa Waiver Programme (US VWP) and Preventing and Combating Serious Crime (PCSC) agreement that was sealed yesterday between Malaysia and the US," he said.

On Thursday Malaysia and the US signed an agreement to enhance cooperation in the PCSC, one of two vital documents that is an important precondition for Malaysia's participation in US VWP.

Alwi said SKIN would be installed in all immigration offices, including offices that operated in all the country's entry points and attache offices abroad.

- Bernama

I hope these photos will settle down some of my ever unsatisfied investor-friends. That is the problem. But on the good side, I always get free golf games from them. Not that I need it but it is good sign they are on the right track on stock investment. Good for them, and well, good for me too... get to learn one or two golfing skills from them.

3.00pm NY Time Wednesday, 16 December 2015

The Federal Reserve is expected to raise interest rates on today Wednesday 3.00pm NY Time [Thursday 3.00am Malaysian Time], exactly seven years after the central bank cut them to almost zero in response to the deepest recession in the post-World War II era. As this unprecedented era of easy monetary policy closes, here's a walk through seven years at zero to highlight the obstacles that policy makers navigated to restore labour-market health and enable liftoff.

1. Rates Cut to Zero - December 16, 2008

Fed officials lowered the federal funds rate into a 0 to 0.25 percent range in December 2008 as the nation's economic state deteriorated and the collapse of Lehman Brothers sent shock-waves through global financial markets. The Fed "will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability," officials said in their post-meeting statement.

2. Unemployment Peaks - October 2009

By 2009, the Fed was staring down a different kind of crisis: one of joblessness. America hemorrhaged an average of 424,000 jobs a month that year, and by October unemployment had reached 10 percent, its highest level since 1983. The broader underemployment index was even higher at 17.1 percent. 

3. Easy the World Over - 2010

By 2010, reverberations from the financial crisis were being felt around the world and central bankers were striving to mitigate the fallout. The Bank of England cut rates to 50 basis points in March 2009, where they've remained ever since, having descended from 5.75 percent in late 2007. The European Central Bank slashed its deposit facility rate to 25 basis points (it would go on to raise that rate in 2011 only to cut it again later that year). The Bank of Japan cut interest rates for the first time in seven years in 2008, among other measures. Even bigger Japanese policy changes would come in 2013 in the form of an explicit 2 percent inflation target and open-ended monetary easing commitment.

Monetary policy easing abroad aids the U.S. by supporting global growth, but lower interest rates overseas can also encourage capital to flow into higher-yielding U.S. assets, pushing up the dollar and hurting U.S. exports by making them more expensive.

4. Debt Ceiling Debacle - July 2011

Several times during the Fed's expansionary era, fiscal policy — or fiscal inaction — has gotten in the way of the recovery.  Congressional lawmakers in July 2011 allowed the nation to tiptoe to the brink of default on debt that it had already incurred by failing to agree on a higher borrowing cap for the nation. Congress ultimately came to a deal. But the spectacle  shook confidence and Standard & Poor's downgraded the U.S. credit rating, dealing a blow to the stock market and probably hurting growth.  Cuts to government spending that followed added to the economic headwinds.

5. Taper Tantrum - Summer 2013

In May 2013, then-Chairman Ben Bernanke testified to Congress that the Fed could start slowing the pace of its bond purchases later in the year, conditional on continuing good economic news. Markets went haywire at the prospect of less stimulus, with the yield on 10-year Treasury note shooting up as investors fled to safety.

6. Dollar Ascends - Summer 2014

The greenback, which has strengthened by around 21 percent since mid-2014, has become a focal point for Fed officials as liftoff approaches. Weak growth and easy monetary policies abroad are pushing money into dollar-denominated debt, and when the U.S. lifts rates that could intensify pressure on the currency to appreciate. Even if that risk doesn't stop the Fed from raising rates, currency strength will likely cause policy makers to take their time in tightening. The dollar is one factor that "means that monetary policy for the U.S. is more likely to follow a gradual path," Chair Janet Yellen told a congressional committee on Dec. 3

7. Yuan Devaluation - August 2015

U.S. officials have had to contend with a series of international developments over the past seven years, including China's surprise yuan devaluation in August. The world's second-largest economy allowed its currency to fall as its growth slackened, roiling global markets and inflicting massive losses on domestic stock prices. The decision and its fallout was seen by many as the grounds for the Fed's decision to delay liftoff in September.

8. Slow Recovery

One more reason why the Fed has held rates near zero for seven years: growth just hasn't been very good. The U.S. suffered a deep contraction that wasn't matched by a robust rebound, and credit standards remained tight throughout — hindering the transmission of easy money to the real economy. The tepid pace of growth, while better than the outright recessions experienced in Europe and Japan during the last seven years, meant it took a lot longer to recover what the U.S. had lost in the crisis.

The above is one interest piece of analyst that reminds us why and where all these things started. We will know this morning 3.00am Malaysian Time whether the much waited news of interest rate hike will happen. And not to miss is the subsequent press conference by Janet Yellen at 3.30am.

Presbhd - some updates

RM1.403 billion market capitalization on the back of 484 million no. of shares issued. Yes. Presbhd is a billion-ringgit company. No small fly anymore.

Recalling my earlier post on 11.06.2014, here, the company's CEO had laid out his ambition to have his company's capitalization reaches RM1.5 billion in 2017. Can he achieves that? Let's wait and see, if you have the patience of course.

Some historical facts

On 30.04.2014, one and half year ago, the company declared 1 to 1 bonus issue and price changed from RM3.95 to RM1.99 upon ex-date. Since then, its price went roller coaster and at one point dipped to RM1.31 low for a brief period. Now, the price back to its full steam. Hitting new high RM2.96 on 09.12.2015. I dare to say very little people will ride on this stock for so long. If you have, you have make a lot of money.

Its price closed at RM2.90 on 15.12.2015

P/s: By the way, something very positive from DSonic after a long quiet period. More on that later.