一份你值得拥有的知识！

恐龙为什么会绝种呢？是因为大陨石从太空撞击到地球，然后有火山爆发，火灾，才令到所有的恐龙灭亡绝种的。这个是我上几个星期去新加坡旅行时，我的朋友发问了我个问题。

科学家相信是陨石毁灭了恐龙

但是他说我的答案是错的。他认为，恐龙绝种的真正原因是因为，恐龙们不能适应新环境，而导致他们绝种的。假设他们的适应能力强，他们现在一定还在生存着。

我想了想，我觉得也很有道理，也把这个道理放在我的股票投资理念上。其实，对我而言，一个成功的投资应该要在不同的时候，不同的情况，不同的经济状态，适应当时的环境，无论是牛市熊市，都可以大显身手，大展鸿图，从股市里捞一笔。

从恐龙年代直到现在，只有一种生物活到到现今，那个就是打不死的小强-蟑螂。蟑螂不断的革新，改变，适应新的环境，所以他们才能够生存到今天。我曾看到一份报导，如果家里有一只蟑螂，那么就代表家里应该还有一群蟑螂。如果要彻底消除它们，就要寻根究底，把窝给烧掉，一家大小统统消除，一点痕迹都不可以留。（其实，我本人很害怕蟑螂，尤其那种会展开翅膀飞的那种，哈哈）

如果你喜欢我研究股票的方法和我的文章，你可以点入一下的网址来加入我

https://www.facebook.com/gainvestor10sai/?fref=ts

你将会在最快时间内收到我的最新股选和最新的文章。

如果我们把蟑螂的适应能力放在我们的投资理念里，随着任何的经济状态，我们不断地革新，改变，寻找最适合的投资方法，我们肯定可以牛市或者熊市里生存下来。当然，这点根本不简单，我们要多读报纸和经济刊物，多思考，多讨论，然后最重要要有自己的想法，因为最终，自己负责自己的决定，自己的决定自己负责。

千万要记得，要有自己的思考，不要道听途说。因为一人传虚，万人传实，一个被拟造的假消息，经过人们的谣言，也会变成事实了。在牛市里，全部人都是“股神”，连身边的姨妈姑姐，巴刹的买菜叔叔都可以变成股神。如果一粒股票被某某人说中了，就会有很多马后炮了。在熊市里，全部都是静静，一声都没有，“股神”就没有那么“神”了，马后炮的事件也会因此而减少。

SCGM - Plastic Packaging

SCGM Plastic Products

Are these products looks familiar to you? Yupe, all the things displayed are plastics. Nowadays the plastics are widely used in our life. When we go to night market to have a drink, when we go to buy eggs, or even the sandwiches, all the food are put in a plastic container. And today, we are going to talk export oriented plastic industry which benefits from low oil price. Over the weekend, i attended Grandpine Capital's event on 20 December 2015 whereby i had a chance to listen to the Chairman Dato Sri Lee Hock Seng introducing his company, SCGM.

SCGM Berhad (SCGM) was established in 1984 through its wholly-owned subsidiary, Lee Soon Seng Plastic Sdn Bhd, and is Malaysia's leading thermo-vacuum from plastic packaging manufacturer. SCGM provides end-to-end production from extrusion sheets to packaging and delivery to its customers in Malaysia and overseas, which includes Myanmar, US, Thailand, New Zealand, China, India, Hong Kong, Portugal and Australia[1][2].

SCGM Plastic Products Variety

SCGM has more than 60 well-known brands in its portfolio from various sector including food, medical, electronics and others[1]. From the pictures above, we saw these plastic products are widely used in our society nowadays, especially in the food packaging industry. SCGM has more than 5,000 different moulds in current use to form thermo-vaccuum formed plastic packaging products whereby they have the technology and the capabilities to thermo-vacuum form single layer and multilayer extrusion sheets into plastic packaging, with thickness ranging from less than 0.11mm to 2mm. These extrusion sheets are semi-raw material used in the production of thermo-vacuum formed plastic packaging.

SCGM's packaging is used to pack a variety of food products, including sandwiches, cakes, chocolates, biscuits, salads and moon cakes. Thermo-vacuum formed plastic packaging for food products should not contain any components that could migrate into the food, including harmful chemicals, contaminants and other relevant ingredients. And SCGM had been adhering to all the international standards. According to Mr Chairman, he mentioned that in order to be widely recognized, first they must adhere to the international standards, then only they can sell their products to overseas. Meanwhile, for the electronic products, SCGM is able to produce antistatic and black conductive trays to hold semi-finished electronic products, such as liquid crystal display and hard disk drive parts, as well as packaging to store end-products[2].

SCGM Plant

SCGM has a strong in-house design capabilities to customize packaging according to customers' requirements. SCGM owns the "Benxon" (as in the picture above), "TempScan", "TempScan Cover", and "Kingtex" brands, with about 52 mould designs registered under the Intellectual Property (IP) Office of Singapore and 62 mould designs registered under IP Corporation of Malaysia[1]. Currently, SCGM has a wide distribution network of 30 distributors and exports to 20 countries. As mentioned by Mr Chairman in the event yesterday, there are still a lot of markets in Malaysia, and their current ongoing strategy is to venture into Pahang.

GDEX - Your Christmas Express Delivery Service

Express Delivery and Logistics 

GDEX - Delivery Service You Trust. The slogan that the company had been using since 1997 when it was formed. GDEX is a courier service which operates a network of 136 stations, comprising of 59 branches, 2 affiliate stations, 52 agents and 23 lodge-in centres through East and West Malaysia. GDEX has a fleet of more than 400 trucks and vans used primariliy for hauling of documents and parcels between stations and the National Hub (termed "line-haul" fleet) for local pick-ups and deliveries [1]. The principal activities of GDEX are express delivery and logistics. Express delivery is delivery of products from door to door. Logistics is defined as warehousing and distribution for the products. There are a lot of competitors for the delivery services, like, Fedex, DHL, Pos Laju, ABX, Nationwide and etc etc. But in Malaysia, only GDEX and POS are listed in Bursa. And moreover, GDEX is Malaysia homegrown company. So i guess we should be support local companies. GDEX is highly active in Malaysia and Singapore. 

As we all know, the growing trend now in our world is online shopping aka e-Commerce. Online shopping is very convenient and easy. Just one disadvantage about online shopping, sometimes the thing we buy might not be the same as we buy. I tried online shopping buying a jacket, my personal experience is very convenient and easy, which prompt me to buy more stuff online. The reason why i am attracted to GDEX is because of the approaching Christmas Season. Christmas is a season of giving and receiving. Everywhere is decorated with Christmas decorations totally a happy atmosphere. And usually in the year end, there will be sales everywhere, and of course, there are sales in online shopping also. I browsed through Zalora and Lazada websites. And i noticed that GDEX had been doing their deliveries (refer to the pictures below). For Lazada, there is even Mega Days sales, counting down... If there are Mega Sales, things will be cheap, and consumers will buy more and more deliveries will be made.

Zalora website with GDEX doing their deliveries

Lazada website with GDEX doing their deliveries

And recently, ASTRO GO SHOP launched their ASTRO TV in Channel 318 and Channel 118. And also GDEX is doing their deliveries. Just to confirm on GDEX and ASTRO, i try googled and confirmed through the snapshot below.

ASTRO GO SHOP with GDEX delivering their products

赌博 vs 投资

前几天，我和我的housemate一起玩牌，玩21点，也玩了一点现金。虽然不记得怎么玩，但是一熟悉起来就很上手了，久了就会上瘾。

我那天只是玩小罢了，每场RM0.10。从RM0.30到RM1.60，赢了433%，哈哈。但是我觉得赌博其实只有50%的数学而已，只是赢或者输。

对我而言，玩牌时，我根本不能掌握那个结果，不能猜测他的成绩，所以，我下的筹码也小。虽然有点扫兴，但是我也没有兴趣赌博，只是充人数和抽热闹而已。让我在这里说说我的看法吧。

1）运气 vs 努力

先说赌博，大家都听到很多上云顶赌博，输到倾家荡产。同样的，投资，我也曾听过一些人输到倾家荡产。但是，赌博真的只是靠运气，对吗?只有50%的胜算。投资就不一样，投资靠努力收集资料，分析，经验，决定，当然也要有运气。

在股市生涯里，我们肯定会经过三番四次的失败和跌倒。最重要的，我们跌倒了，知道自己错在哪里。那些都是都是从经验学来的无价之宝。在赌博界里，从来就没有说，从经验里学习这些道理。

MIKROMB - Post Q1 2016

It is the last day of November and all the companies had released the Quarter Result. This is the last one that i had been waiting for... And in this post, i will include some of the findings that i find in the Annual Report 2015. You can refer to my first post on MIKROMB posted on 26 October 2015, by clicking this link, http://gainvestor10sai.blogspot.my/2015/10/mikromb-bomb-kaboom.html

1. Fundamental Analysis:

MIKROMB Q1 2016 Result

MIKROMB announces their First Quarter Result today, in the last day of November and also their Annual Report 2 weeks ago in November. 

Revenue and Net Profit

Let's talk about quarterly result first. By comparing with the same quarter, the revenue increased 22.36% due to the increase in sales. Not much surprise in net profit as it increased 18.04%[2]. So, for me, as long as the revenue and net profit is improving, then i think the business model is excellent. One thing to note here in the commentary on prospects, the current weakening of RM against USD is beneficial to MIKROMB in near term as the receivables in USD from oversea sales is higher than the payable in USD.

However, if the condition continues for a long run, MIKROMB will suffer because 63% of the revenue is derived from local sales. Mostly projects had been delayed to one or two years due to the slow economy. The management will intensify the efforts to improve oversea sales. As we can see from the charts on the left, the revenue and net profit are leading and growing every year. MIKROMB is a net cash company with 0.03 net cash per share. The average net profit margin from 2011 to 2015 is 17.82% while every year, the net profit margin exceeds 13%, which is a magnificent for a company like this.

Now let's take a look at the chairman statement in the Annual Report 2015. Export sales improved 67% to overseas market (Vietnam, India, Indonesia and Australia). MIKROMB is beginning to benefit from the brand equity and reputation. Their products are receiving the recognition from the global market. Latest landmark projects, such as KLIA 2, SP Setia HQ, Sunway Pyramid 3 and IOI Shopping Mall 2 at Putrajaya[3]. All of these projects are quite new, established in this year. As the business gathers momentum, MIKROMB need to expand capacity in order to fulfill anticipated sales demands and prevent stunting revenue growth due to capacity constraints[1]. They had acquired a vacant production factory which was approved on 6 November. While focusing at the domestic market, they will make more even inroads into oversea markets.

POHUAT - Pop Huat~

Poh Huat Group had more than 30 years of manufacturing excellence. POHUAT is one of the most progressive furniture producers in South East Asia[1]. Having 3 subsidiaries (Poh Huat Furniture Industries (M), SB, PHW Properties SB, Poh Huat International SB) in Malaysia, 1 subsidiary (Poh Huat Furniture Industries Vietnam Joint Stock Company) in Vietnam, 1 subsidiary (Poh Huat International (BVI) Limited) in British Virdin Islands, 1 subsidiary (Contempro Furniture (Qingdao) Co. Ltd.) in China and 1 subsidiary (Poh Huat International Furniture S.A. (Proprietary) Limited) in South Africa, POHUAT's major activities are manufacturing, trading and sale of furniture and wooden household furniture[3].

POHUAT's Home and Office Furniture [1]

To highlight the most contributing subsidiaries, Poh Huat Furniture Industries (M) Sdn Bhd, mostly manufacturing office furniture, exporting to North US and Canada together with Poh Huat Furniture Industries Vietnam Joint Stock Company, mostly manufacturing home furniture with North US as their biggest market[3]. POHUAT's products are marketed under the brand name of AT Office System and AT Home System, with acceptance in more than 60 countries in 5 continents. With their current facilities, POHUAT strive to be a "Furniture One Stop Center", to cater the ever growing demand for customers to develop a furniture collection. Being involved in local organizations such as MTIB (Malayian Timber Industry Board), MITI (Ministry of International Trade and Industry), MFA (Muar Furniture Association) and MFIC( Malaysian Furniture Industry Council), POHUAT is closely working together with the associations and had gained global recognition and international standards.

The reason why i was attracted to POHUAT is because all the furniture exported stocks, LATITUDE, HEVEA and LIIHEN released a double digit net profit in November. So next, i look the furniture companies that will be announcing their results in December. If they are going to announce good results, at least i will see advance movement prior to the result being announced. So, POHUAT met my criteria by releasing the Q Result in December and i am even more excited when they are announcing Q4 Results. POHUAT is ranked number 4 in terms of market cap and the PE looks nice. So, lets study the fundamental of POHUAT.

Comparison among furniture peers

Summary of November 2015

December is approaching and let's do a simple analysis on my Gainvestor Portfolio for November

Again, this statistics does not mean anything, it does not mean any hold/buy/sell decision, it is just to summarize and track the Gainvestor Portfolio.

Gross Performance in % for Gainvestor Portfolio for November

The result is rather disappointing, if we are not able to escape at the highest price. At the closing of 27 November, we will have losses of -7%. A few points to be considered and repented:

1. Buy on rumours, sell on facts.
If we are expecting expect good Q result, once the Q result is announced, normally profit taking activities will take place. There are 3 outcomes from the Q result. One is good result (more than double digit growth), one is bad result (losses) and one is within expectation. If the reason we buy is because for Q result, once it is released, regardless, good, bad or within expectation, we should take profit or cut loss bravely. Unless the reason you buy is because of weakening RM or long term reason, then you can hold. Again, the decision is up to you and your comfort levels. The reason we sell is the reason we buy.

Window Dressing and Next Targets?

December month is coming. Christmas decorations and Christmas songs are just around the corner. And not to forget to go for shopping or window shopping as there are a lot of sales now~ Talking about window shopping, let's talk about window dressing activities in Malaysia. The discussions below are solely for reference. Let me remind, just a reference.

Let's take a look at our index from 2011 till now.

FBMKLCI Chart

Our index had been bullish till 2014, when the oil price drops from USD110 to USD45. As Malaysia is an oil exporter country, of course it affected our index also. The highest of our FBMKLCI is 1892.33 on 24 June 2015, now we are sideway-ing around 1600 and 1700. We had been in bull and bear market and now we are recovering slowly. I would like to show a table which shows the myth of window dressing really happens...

OCNCASH - Post Q3 2015

OCNCASH posted a WOW-ing result today (25 November 2015), well at least for me, it is a WOW. Let's go through the Quarterly Result.

1) Fundamental Analysis:

OCNCASH Q3 2015 Result

Comparing Q3 2015 with Q3 2014, the revenue increased 9.76% while net profit had a whooping triple digit growth, 599.79%. Cumulatively, revenue improved 12.24% while net profit improved 127.55% [2].

A point to note here, if we compare the cumulative Q3 2015 against 2014 annual result, the net profit had already exceeded 2014 annual result by 44%. This is just the Q3. I think roughly we will know what will be happening in Q4. And how the result will impact the price, especially when the chart had broken a historical new high. This is what we call a growing company. Just to recap, OCNCASH is specialized in felts division and nonwoven division[1].

Cumulative Revenue by Geographical Segment

Next, let's look at the revenue by countries. The ranking will be Malaysia (31%), Japan (29%), Indonesia (19%) Thailand (17%) and others (5%). Around 69% of the net profit is generated from overseas, which is using USD. So, OCNCASH is a USD benefit country.

Remember in my previous post, in the annual report, Mr Chairman assured the nonwoven division will have a double digit growth this year. The increment of 9.76% in revenue for nonwoven industries on quarter on quarter basis is mainly due to increase in sales to Thailand and Japan. Revenue from air condition market also recorded an increase. The air condition is the mask industry, remember the haze that happened in Malaysia and Indonesia during September and October. However for the felts division, Indonesia showed a decrease in revenue due to the slowdown in new automotive sales. New factory will be completed in June 15 in Indonesia. That's why we see the liabilities increased for the felts division, it is all for the expansion of the business in Indonesia.

千里之行，始于足下

今天放工后，我去starbucks会和我的其中一个大学的junior。他想和我分享他现在使用的健康产品，想向我推销。

谈着谈着，我们说起自己的故乡。我本身对他的背景感到非常的震撼。来自一个小乡村的贫穷家庭，家里包括他，一共有七个兄弟姐妹，父母从事农夫。他得到奖学金，大学毕业后出来社会工作，努力赚钱。自己也做一些健康产品来赚一些额外的钱来养活自己。

我从来没有听过他的背景。就好像我们小时候读书的课本内容那样，家里不怎么有钱，从此就发奋图强，读进了大学，出来社会工作赚钱养家，帮父母减轻负担。

我知道现在的生活很艰难。如果现在的人有一个正业和一个副业，我也不觉得出奇。很多现在也做着property agent, insurance agent, public mutual, MLM等等，为的是以后要有一个更加舒服的未来。

善于利用自己的时间，来投资一份知识，不管是什么样的知识，产业也好，保险也好，我觉得这些都是有益的。在现今社会，懂得省吃俭用已经不怎么足够（可能在某些地方还足够），懂得好好理财也不足够，我们也要懂得用钱生钱。

很多创业者都想出人头地，但是正真要出人头地，根本不简单。就像我的投资那样。当初，自己也是输了钱，不是输了就输了，一定要懂得检讨自己的错误在哪里，然后要记得不要重犯自己的错误，提醒自己在同样的情况要用什么方法面对。

记得在读Form 4的sejarah时，Those who cannot remember the past are condemned to repeat it。意思就是说，如果我们不记得以前的历史，我们还会再重复同样的历史。失败是我们的必经之路。

HEXZA - Post Q1 2016

HEXZA announced their 2016 Q1 Result on 19 November 2015. 

1) Fundamental Analysis:

The Revenue dropped 5% while Net Profit increased 90%. (I personally will favour double digit growth, because from what i observe, normally the price will have some reaction in the next day. You can also take note of this.) For revenue, in 2014, 2015 and 2016, the average is around RM35 Mil. But as for net profit, it keeps on breaking new high. So now, lets dig into the operating segments of the business. Why the net profit increased so much while the revenue maintain?

HEXZA Q1 Result [2]

Q1 till Q4 of 2014, 2015 and 2016

By breaking down the operating segments of the business, there are manufacturing, investing, trading and others, we can see in a clearer picture[2]. The numbers below are all profit before tax.

Profit Before Tax for Operating Business Segment Comparing the Same Quarter

HEXZA - Chemical Solution

HEXZA Corporation

HEXZA Corporation Berhad is involved in manufacture and distribution of synthetic resins, industrial glues and a whole range of urea-formaldehyde and phenol-formaldehyde product [1]. HEXZA is engaged with property Development (Summit Development Corporation Sdn Bhd), manufacturing of formaldehyde resins (Norsechem Resins Sdn Bhd, Hexzachem Sarawak Sdn Bhd), ethyl alcohol (Chemical Industries Malaya Sdn Bhd), natural vinegar (Bio-Acetic Products Sdn Bhd), beverage (Hexza-Mather Sdn Bhd) and marketing (Norschem Marketing Sdn Bhd). The chemical products related are such as formaldehyde, adhesive resins, ethanol, ethanol absolute, liquified carbon dioxide, Kaoliang Wine, natural vinegar and Enchante Cooler.

Going straight to the point, the export-oriented companies which are benefiting from strengthening USD against Ringgit Malaysia is one of the popular theme in our market now. Companies such as EVERGREEN, HEVEA, FLBHD are all wood related companies doing exports of plywood, fibreboard etc. Look at HEVEA and FLBHD's net profit that had just being released on 17 November 2015. Both HEVEA and FLBHD had increment of 211% and 196% respectively in their net profit if compared to the same quarter. So how did the plywood related to HEXZA?

Hexzachem and Norschem Resins have access to latest technology enjoying continuous support from international organization that will be made available to the needs of Malaysia and overseas customers. Their product range includes traditional and low formaldehyde emission urea formaldehyde resins for gluing of plywood to MR plywood standards, melamine urea formaldehyde (MUF) resin for plywood, etc [1]. Formaldehyde is a colourless gas with an irritating odour and often used in the production of resins that act as glues in the manufacture of pressed wood products [2]. (you can click on my source number 2 if you want to know more information).

AWC - AWaCkening~

AWC Berhad is an investment holding company specialising in quality engineering services. AWC provides total asset management services such as integrated facilities management and engineering services to building owners[1]. AWC is involved in 4 major industries, namely facilities, engineering, environment and investment holding. Let's understand the business model of AWC before we go into more in depth details of it.

AWC is the only company who provides solution for Integrated Facilities Management (IFM) in Malaysia. Some examples for IFM, the autopay for parking at the entrance, cleaning housekeeping (pest control), Computerized Maintenance Management System (CMMS), energy and utilities, etc. Basically all new buildings will need the service of IFM in new projects. And AWC is the premier provider of total asset management and provides "one stop" integrated facilities management services. Next, AWC provides integration of key facility systems that manage electrical distribution, lighting, air conditioning and security. Basically, they supply the engineering section for the buildings, for example, civil structural, control systems, heating ventilating and air conditioning system (HVAC), building automation system (BAS), utilities, mechanical and electrical for the building. 

STREAM AWCS (Automated Waste Collection System)

Next, the environment sector. AWC also provides design, engineering and supply of STREAM Automated Waste Collection System (AWCS) to transport municipal solid waste via pipes to a central waste handling facility where it is collected and compacted into sealed containers that are then removed periodically. Basically this STREAM AWCS had resolved 2 major problems about wastes, which are irregular collection schedules of wastes and spillage of wastes from garbage trucks. The AWCS is widely used in a few countries and their projects. Just to name a few projects, In Malaysia (M-Suites Ampang, Lakeville Residence, Iskandar Residence, NU Sentral, KL Sentral, KLIA 2 Integrated Complex) Singapore (Changi General Hospital, Changi Airport Terminal 3 & 4, Resort World Sentosa) United Arab Emirates, Qatar, China and Hong Kong[2]. 

In short, AWC provides a dragon-full-set facilities to the buildings. From the engineering of air conditioner, to the facilities of CCTV security, to the waste management system, AWC integrated all of the facilities, engineering and environmental issues in IFM (Integrated Facilities Management). They are also pioneering into energy conversation. They provides pro-environment solutions, or another word, green environment, which is aligned to the Governments requirement. Even in the first page of their website amazes me, the slogan, TOWARDS SUSTAINABLE GROWTH... Going to Preferred Heights... such ambitious and charismatic slogan...

Summary of AWC Business Model[1]

UCHITEC - U SEE THAT

UCHITEC is a company which manufactures mixed signal microprocessor-based application and system integration products, and trading of complete electronic module[1]. UCHITEC had their subsidiaries in Malaysia (Uchi Optoelectronic (M) Sdn. Bhd & Uchi Electronic (M) Sdn. Bhd.) and another subsidiary in China (Uchi Technologies (Dongguan) Co., Ltd). UCHITEC is majoring in services and products. 

Their services such as product design (transforming product ideas through innovative solutions), construction and tooling design (provide customers the optimized construction and tooling designs), software + micro controller + ASIC solutions (integrating software; with UCHITEC gained their reputation through fully automatic coffee machine or a precision weighing scale), display modules solutions (specialized in LED Dot Matrix Displays and TFT Display Modules Solutions) and manufacturing services (OEM and ODM services)[2]. OEM aka Original Equipment Manufacturing whereby a company is designing and building a product based on its own specifications and then selling the product whereby ODM (Original Design Manufacturing) is designing and building a product as per another company's specifications. UCHITEC is an ODM and OEM company which can fit into the needs of their customers.

UCHITEC's products can be divided to 2 portions, which are Art of Living Group and Bio-Tech groups. UCHITEC is using IT to build a ubiquitous information society, such as a coffee machine. Next will be the Bio-Tech group, whereby commercializing health care services and biotechnology to enrich people's lives. The products of electrical and electronic appliances such as weighing scales, high end household appliances, coffee machine etc. Basically, UCHITEC draws on the wealth of experience and technology to contribute to corporate innovation.

UCHITEC serves a wide base of multi national companies, located primarily in Europe with Switzerland and Germany as major. I think their business model is quite attractive because of the ODM whereby they can fit into the needs of the customers with their expertise and experience that they have.

乌鸦喝水的投资领悟

相信大家都听过乌鸦喝水水的故事吧，今天，让我们一起返老还童，一起再听我啰嗦这只乌鸦喝水的故事吧。

在一个炎热的下午，一只乌鸦觉得口渴，一直飞来飞去找水喝。飞着飞着，看到了一个水瓶。

但是，因为水的位置太低了，还有瓶口也太小了，它无法把头伸入瓶子里喝水。于是就想着想着，不如拿小石头装在瓶子里，水位就会上升了，过后我就可以喝水了~

过后乌鸦就飞到河水旁边捡起小石头，放进瓶子里。它重复的飞到河边把小石头放在瓶子里。

终于，水位移上来了，乌鸦就开开心心的喝水了。他也看到他口渴的朋友们，于是也约了他们一起来“喝下午茶”。

好的，故事讲完了。其实有三个点，要提醒大家，也顺便提醒我自己。

1。大家有没有发现到，我提到那只乌鸦是飞去河边拿小石头的。重点来了，既然是河，那么河应该有水的，何必那么麻烦一定要喝瓶子里的水。

我们人有时候也是这样，当我们太忙于自己的工作，忙于自己的思想，执着于自己的决定时，往往忘记了其实还有更加好的解决方法，更加完善的思想。

我们想东西不要太钻牛角尖，往当方面想。“当局者迷，旁观者清”，有时候，我们也要听听别人的意见，然后，再花一点心思研究一下，才做决定。

还是回来那句“自己负责自己的决定，自己的决定自己负责”。万一做错了决定，千万不要责怪别人。必须反省不再重复错的决定。

Summary of October 2015

I done a simple analysis on my Gainvestor Portfolio.

At the end of every month, i will do a simple calculation on the gross earnings/losses.

This statistics does not mean anything, it does not mean any hold/buy/sell decision, it is just to summarize and track the Gainvestor Portfolio.

Gross Performance in % for Gainvestor Portfolio

I guess the winner is quite obvious. It is ESCERAM (0100), who grabbed the highest gross earning of 59% on 27 October. At the October closing, it still maintain his high score of 42%. This is definitely an explosive MAGNUM ESCERAM~

Congratulations who ride on the wind of ESCERAM!!! I certainly hope i can help more people to ride on the wind..

Please allow me to do a small advertisement...

If you like my way of analysis and you haven't join me in my facebook, appreciate if you could like my FB page, https://www.facebook.com/gainvestor10sai/?fref=ts

Thank you^^

Let's Ride the Wind and Gainvest

Gainvestor 10sai

1 November 2015

1.50pm

P/S: This is definitely not a show off post. This is just to track own performance. Please dont get me wrong...

ESCERAM ICE-CREAM updated 1

Today i had been watching live, this ESCERAM climbing from 0.425 up to 0.550. I had never thought that this ESCERAM will be so highly dangerously explosive... And today ESCERAM had just released their Q1 Result for 2016. Not to forget there are some surprises in their Annual Report 2015 announced last week Friday.

Well, congrats to those who had been riding on the wind from the day i recommended this stock. So, you must be wondering, what's next? When should i take profit? Hear me out, i might provide you some information.

1) Fundamental Analysis:

The net profit of 2016 had increased 30.85%, from RM1,154k to RM1,510k. For me, this is a significant increase, not many company can go as high as that percentage[2]. In the Q Report, it is mentioned that there is improvement in the operations performance. At the same time, the net cash of the company had been growing linearly. Up to date, the ESCERAM is a net cash company with RM25,277k cash in hand.

The management did mention that the fluctuation in exchange rates may pose challenges to the operation due to increase in various essential cost components. However, they still expect a favourable performance in the coming year as they will continue to explore opportunities to enhance and improve the performance.

In the Annual Report 2015, Mr Chairman, Rithauddin stressed on the company will further generate savings and improve efficiencies by giving priority to factory automation and machinery upgrades. Similar to last year, they will be focusing in reducing wastage to reduce inefficiencies, improving capacities and capabilities despite facing mounting cost pressure. ESCERAM did have cash, trade receivables and trade payables in USD, Thai Baht and Euro while the exchange rate used in the annual report is 3.67, 0.11 and 4.02 respectively.

MIKROMB - BOMB KABOOM

Mikro MSC Berhad aka MIKROMB is a company at the forefront of the electrical distribution industry[1]. MIKROMB is engaged in the research, development and design of analogue, digital and computer-controlled electronic systems or devices for use in electrical, electronic and other industries and provision of technical and maintenance services[2]. There are 3 subsidiaries under MIKROMB. Mikro Sdn Bhd (100%) engaged in sales of the analogue, digital and computer-controlled electronic devices, Formula Concept Sdn Bhd (100%) engaged in manufacturing of the electronic devices and Mikrocap Sdn Bhd (51%) which is involved in trading of capacitors. Wondering what are the these electronics? Well, hope the pictures give you some ideas. For more details, you can click on the link.

MIKROMB Products
From: http://www.itmikro.com/app/webroot/UploadedContent/files/mikro-cat-2015.pdf

MIKROMB developes and manufactures equipment with performs reliably, costs less, reduces project costs and ultimately saves lives. Why MIKROMB keeps growing? There are basically 2 reasons. First, they make quality electrical distribution equipment that is proven to work in even the toughest conditions. Second, they keep their prices as competitive as they can [2]. Wow, such convincing words from the management. Offering 2 years of warranty for their products and adhering to  quality ISO certificates, MIKROMB's equipments can be installed in every type of buildings, from medium to large buildings. Some notable local and overseas projects such as, One Borneo Shopping Complex (KK), Sunway Pyramid2, (KL), LCCT, KLIA2, KLCC, MRT Stations (Singapore), Malaysia Embassy (Cambodia), Resort World Sentosa (Singapore) etc[2]. Their products are exported across three continents, covering China, India, Vietnam, Singapore, Hong Kong, Pakistan, Indonesia, Thailand, etc etc.

Looking through the background seems convincing, now lets look at the fundamental and the technical analysis.

乘风盈资者

J郎和他的朋友，A郎一起在吉隆坡的一间档口用餐。。。

A：我不明白为什么现在的人的车好像豪华过住的地方。还有现在刚出来社会工作的年轻人，他们驾的车比他们租的房间还要贵。如果换来是我，我宁愿多住得舒服一点，我的地点一定会靠近LRT的地方，方便我上班，也避免交通阻塞。

J：对咯，我也是不明白。再加上现在经济那么差，如果连那份工没了就真的更难了，分分钟车还不起，楼也供不到，我不敢想象。（就顺便分享这个图画-摘自The Edge Financial Daily 15 October 2015) [1]最多就是就是车的loan咯

Double COMBO: GADANG vs MITRA

In my previous post, i talk about the impact of Malaysia Budget towards our FBMKLCI and also construction index. I monitor these 2 counters for past few weeks. The magic might be happening already. (Refer to my previous post on my view of Malaysia Budget 2016 towards our equity market, http://gainvestor10sai.blogspot.my/2015/10/malaysia-budget-2016-when-is-right-time.html)

Let us look at the construction index. There is a cup with handle and the breakout point at 271.42, with a resistance at 284. With the budget announcement coming, perhaps it will challenge the resistance. If the market sentiment is positive, then, it should not be a problem overtaking the 284.

Construction Index

In this post, i gonna roughly going through 2 construction counters, namely GADANG and MITRA. If our Budget 2016 is not disappointing, i think there will be another round of breakout for the construction counters. 

Malaysia Budget 2016 - When is the right time to Ride the Wind?

Malaysia Budget 2016 is coming soon on 23 October 2015. When the budget is released, normally the construction counters will be impacted and most construction counters tend to go up. So, i had done some studies on the effect of Budget towards the FBMKLCI and also the construction index (closing price on the announcement date, 1 week before/after, 2 weeks before/after, 4 weeks before/after and 8 weeks before/after). First let's look at the announcement dates. For 2015 budget, our PM had revised Malaysia budget because of the slump of oil price. All the data provided and forecast are based on previous year data, it might be incorrect. So, please have your own judgement and take these data as a reference.

Now, lets look at our FBMKLCI. The sequence of the year is based on the colour of rainbow (red, orange, yellow, green etc etc)

ESCERAM ICE-CREAM

ESCERAM sounds like ice-cream.. Can they perform as a MAGNUM ice-cream or just a normal ice-cream?

Formers

ESCERAM is a company which produces ceramic formers subscribed by the glove industry throughout Malaysia. Initially, they started with producing formers for examination gloves, but now they have expanded the range to surgical, household, industrial, balloons and speciality formers. Take a look at this video, i think you will understand what formers are and a process to produce gloves,  https://www.youtube.com/watch?v=A9PMs_N33fU.

Having operations and factories in Malaysia and Thailand, ESCERAM had 15 years of experience and produced and sold more than 30 million formers.[1] Why ceramic hand formers? They are for continuous industrial use under heavy-duty conditions, to withstand the complex processes which involving heat and chemicals to produce gloves, the formers need to have a high degree of resistance to industrial chemicals, exceptional mechanical strength, high thermal shock resistance and a very narrow of dimensional fluctuations. The types of gloves vary and have different processes. 

A Story of a Cat and Boy J

A crowd of 3 to 4 people gathered around a drain. Out of curiosity, Boy J ran ahead of his friends to see what was happening. "Meow, meow". A cat was trapped inside the drainhole. Using a smartphone's flashlight, they were able to see a brown patched cat meowing at the corner of the brick. Boy J's friend came up and asked what happened. Everybody's intention was straight forward. They wanted to rescue the cat out from the drainhole, or else it would die of hunger inside the drainhole. 

Illustration purpose only

When they tried to lift up the metal cover of the drainhole, a passer by, middle aged lady looked, shook her head and said,"Don't worry, the cat knows how to get in, it will know how to get out from the drainhole. If you guys lift the metal cover, if a car drive through and the wheel got stuck in the hole, then you guys have to pay for the damage." After saying those discouraging words, she left them behind. 

Boy J took her advice and planned to leave the cat behind. But when he was about to walk away. The crowd and his friends were still trying to rescue the cat. So he decided to ignore what the lady had said and continue to rescue the cat. They lifted the metal cover of the drainhole. They started to discuss the ways to rescue the cat.

"Lets climb down and bring the cat out",boy A said. But the hole was deep, but no idea how deep was it. Nobody acted only boy J tried to climb down, but it was around 2 meters deep. "Cannot. It is too deep. And it will be dangerous as the slope is quite stiff without anything to step on" Boy J said. "What about we bring a rope, tie to the tree and one of the person climb down?", boy B said. "Why don't we call the securities of condo to help out?", girl A suggested.

As many ideas and discussions were going on, Boy J, without wasting any time, ran back to his condominium. Looking around his condo and thinking what could be useful. "Ahhh, an umbrella, whereby we can lower the umbrella and the cat can land on the umbrella and we lift it up. But, can the umbrella fit in the drain? Ooh, I will take two umbrellas, one big and one small. And, ohh, I will bring a dustpan with me in case the umbrella is not long enough." He talked to himself while he was preparing all the materials.

EFFICEN - Efficient and Sufficient

EFFICEN rides the wind of rumours of bonus issue... Will it be efficient and sufficient to feed the hungry shareholders?

Efficient E-Solutions Berhad (Efficient) is a Malaysia-based investment holding company. The Company, through its subsidiaries, operates in three segments: data and document processing, software development and forms printing. Its subsidiaries are Efficient Mailcom Sdn. Bhd. engaged in the provision of integrated outsourcing solutions in data and document processing, ranging from data extraction, to conversion, formatting of documents, to data printing and preparation of printed documents for distribution by post; Efficient Softech Sdn. Bhd. engaged in the provision of information technology services; Printegrate Sdn. Bhd. engaged in the business relating to Web-finishing products, forms printing, and other related business documents and Efficient International Sdn. Bhd.,an investment holding company. [1] Efficient Storage Solutions Sdn. Bhd. and Efficient Storage Solutions (Techpark) Sdn. Bhd. , which are both related to property investment and provision of document archiving and related services. Livingston Education Sdn. Bhd., which is related to provision of education services. Efficient Digital Esplanade Sdn. Bhd. at the moment is still dormant. The percentage of equity held are all 100% respectively. From here, we can almost see how efficient they are in managing their business. 

VS - Very Solid

VS seems like Very Solid.

The Very Solid VS seems to be under a lot of spotlight. When i browse in the i3investor, there are a lot of analysts reports on VS.[1] By judging in terms of price valuation, it is not surprising that many people or even institutions are looking at this company. VS had shot up from RM1.70 in June 2014 to RM6.40 in September 2015 (without considering the share split). So, let's put VS under our radar also.

Some background, VS is a leading integrated Electronics Manufacturing Services (EMS) provider  with proven capabilities to undertake the manufacturing needs of global brand names for office and household electrical and electronic products. In fact, VS is now ranked alongside top global EMS providers – making the list into the world’s top 50 EMS providers for 7 consecutive years from 2007 to 2013. VS's subsidiary, V.S. International Group Limited is listed in Hong Kong Stock Exchange (Stock Code: 1002). VS has advanced manufacturing facilities located in Malaysia, China, Indonesia and Vietnam, who collectively employ a workforce of more than 10,000 people.[3] VS is widely recognized around the world.

Let's look at its business partners. From the list, i bet we know at least more than 10 companies, dealing with electric and electronics stuff, such as, vacuum cleaner, remote controllers, coffee brewers, telecommunication products, automobile plastic components, etc. [2]

OCNCASH - OCEAN full of CASH

OCEANCASH... OCEAN full of CASH... such hidden potential.

OCEANCASH is specialized in three segments:
a) Insulation, which is engaged in the manufacturing and distribution of resinated felts,

b) Hygiene, which is engaged in the manufacturing and trading of non-woven products,

c) Investment holding and provision of management services.[4]

The company first started off with felts industry in 1997 and next with the nonwoven industry in 2000.

Nonwoven samples

The felts are installed in the interior and exterior of cars (eg. car doors, bonnet) and act as heat and sound insulator. They are also installed in roofs, walls, partitions and carpet underlay.[2] For the nonwoven, they are widely used in the disposable hygienic products industry. Its application include another layer for diapers, sanitary napkins, wet wipes, and surgical apparels including caps, masks, and gowns.[2]

Ride the Wind and GAINVEST

The best investment you can make, is to INVEST IN YOURSELF...

For me, the best thing is to invest in KNOWLEDGE, but to invest in which type of knowledge? Well, that will be another life-changing decision to be made.

Which Type of Knowledge?

I choose to invest in the the investing knowledge, with my clear objectives to obtain my financial freedom as well as to create values to the society.

We need to have a right attitude in order to sustain the interest and keep learning new things through reading everyday. A lot of homework need to be done. Keep our eyes and ears widely opened so that we will be aware of happening things around us.

Life and Stocks

Our life itself is closely related with investing.. take a look at our surroundings... construction counters, such as MITRA, GAMUDA, GADANG; food and beverage counters, such as NESTLE, APOLLO, LONBISC; automobile counters, BJAUTO, CCB, TCHONG; poultry counters, TEOSENG, QL, LAYHONG; telco counters, MAXIS, DIGI, AXIATA...

There are too many sectors and too many counters to be named.. Instead of becoming a regular user to these products, why don't we be a share owner and own the business together with them?