Affin Bank(stock code 5185) : TP RM4.16

Affin Bank just released 3rd quarter result with EPS=10.82 sen.
YTD 3 quarters EPS = 30.63 sen
Dividend announced = 15 sen ( dividend policy of 50%)

Current Price = RM3.37, target price of RM4.16 (23% upside) based on DY of 5% IF the FY2012 EPS achieve 41.63 sen and expect another round of dividend of 5 sen.

Short term target range RM3.47-RM3.82.

Good Luck !

AFFIN BANK (Stock 5185)

If you are looking for counter with dividend yield 5.2%-5.8% and potential capital return of 8%-10% within 3 months, why not try AFFIN Bank.

Current Price   =  RM3.34
EPS FY2012   =  approx. RM0.40
Potential DPS =   RM0.15 - RM0.20
Target price    =   RM3.70-RM3.90

AFFIN Bank (Stock Code 5185)

Listed on : Malaysia Stock Exchange
Sector : Banking
Share Price : RM3.25

The Board of Directors of AFFIN ("Board") wishes to announce that with effect from financial year 2012, the Company will be adopting a dividend policy to pay a minimum dividend based on 50% of the Company's profit after taxation for each financial year, provided the distribution would not be detrimental to the Company's cash requirement or any plans approved by the Board.
(This announcement is dated 25 May 2012.)

Belows are  the profit track records and dividend paid for Affin Bank:-

Affin Bank has been consistently pay out dividend once a year and normally announce on November of each calendar year. Therefore, if the projected result achieve EPS of approximately RM0.40, investors should expect a dividend of RM0.20 per shares of which provide dividend yield of 6.1%.

If based on dividend yield of 5%, fair value = RM3.96 (21% upside).

Therefore, investors can start to accumulate Affin Bank at current level and accumulate more if price weaken further.  

Comments:- Buy RM3.25

1. Enjoy dividend yield of 6% better than fixed deposit rate.

2. Potential capital return if share price move to RM3.70-RM3.96.

3. Strong shareholding e.g LTAT, government linked company.

4. Potential M & A target.

GOOD LUCK!

Investment Strategy : SIM 1-2-3

Strategy : Simple Investment Model 1-2-3 (SIM-1-2-3)
 
If you want to trade or invest during the turbulence time like now, the suggested investment strategies may help you to make profit. This strategy had been suggested during 2008 and early 2009.


My advise will be : get ready to invest and most of the time we won't be able to know the market can go down to which level. What we can control is our investment strategies. But before we move on to investing, it is good to know the following:

1. Know the amount that set aside for investment.

2. Know the potential risk/losses that you willing to take. (worst case scenerio, at least to hold shares for 3 years and still enjoy good dividend yield paid by the company that you choose to invest)

3. Know the number of counters you ready to invest. (also depend on your investment amount)

4. Know the number of quantity in each counters you ready to invest.

5. Use dollar cost averaging method by applying Simple Investment Method (SIM) 1-2-3

Assumption:
1. If economy continue to deteriorating, the equity market may drop up to 20-35%.
2. Whenever economy recover, individual counter tend to rebound 20-50% from the bottom.
3. Invest in Index counters or suggested fundamentally good company with reasonable dividend yield and low gearing .


Let us divide our investment amount into 6 portions:-(1+2+3=6) and only one counter is selected ( Industrial Commercial Bank of China, stock code 1398.hk listed on Hong Kong Stock Exchange. The illustration for investment strategy for SIM 1-2-3 are as follow:-

Highlight:
1. Use your own strategy which you feel more comfortable instead of trying to guess the right timing to enter market.  
2.The above investment strategy allow you to exist either in 1st investment or 2nd investment whenever there is a technical rebound take place and the portfolio is still making money.

Global economy faces a 'perfect storm' in 2013: Roubini

Published on Thu, May 10, 2012 at 10:10 |  Source :

Updated at Thu, May 10, 2012 at 15:01  

Details please refer to :  Perfect Storm in Year 2013

STOP LYNAS!

http://savemalaysia-stoplynas.blogspot.com/

Timecom:-2012年02月28日 - 時光網目標價上修 - 大馬財經 - 即時新聞 - 財經 - 星洲互動

2012年02月28日 - 時光網目標價上修 - 大馬財經 - 即時新聞 - 財經 - 星洲互動

Look at the balance sheet announced by KLSE on 23-2-2012:
1. The capital restructuring basically is to clean up the accumulate losses over the years.
2. The gearing is at very comfortable level.
3. Net asset = RM0.69
4. Good support level at RM0.68 level.

Golden Agri (E5H.SI) : Posted Good Result (Share Price SGD0.75)

Look at the CAGR for past 5 Years:-

Operating at Low Gearing :

Source : GAR WEBSITE

Comments:-
1. Healthy balance sheet with US $8 billion net asset.
2. Low gearing
3. NTA per share @ US $ 0.66 (SGD 0.80)
4. Currently trading at 12.5x PER based on share price SGD0.75
5. If the CAGR can continue for coming years, GAR may record a higher revenue and profit. Target Price :-
    Level 1 - SGD0.77
    Level 2 - SGD 0.85
    Level 3  - SGD 0.93

If anytime the share price weaken to below SGD 0.70 due to weak market sentiment/other external factor, start to accumulate as the strong support level range from SGD 0.57 - SGD 0.65 level.

Good Luck !

 

Oriental privatisation target?

Oriental privatisation target?

Comments: as long as this is a GOOD counter, whether the majorshareholder will take Oriental private, we should not miss this counter.
Therefore, the decision to call for BUY on Oriental during the share price was weaken in November 2011 hit the right time and right price (undervalued) and provide at least 30% upside within 3 months.

China banks' 2011 profits hit new high, growth slows

China banks' 2011 profits hit new high, growth slows

INVEST INDONESIA: BANKING

Revisit CIMB-Niaga Indonesia ( share price Rp1130) - undervalued.   
Target Price Rp1530-Rp1920 ( potential upside of 35%  70% )

Refer to Post dated 24 Oct 2011.

INVEST INDONESIA: BANKING

Indonesia drops plan to lower foreign ownership in banks

Posted on 15 February 2012 - 05:38am

PREMALATHA JAYARAMAN
sunbiz@thesundaily.com

PETALING JAYA (Feb 15, 2012): Malaysian banks with stakes in Indonesian financial institutions no longer need to sell down their holdings as Indonesia is reportedly not going ahead with a plan to limit ownership.
According to a Reuters report yesterday, Indonesia's state deposit agency (LPS) said the country will not implement a planned regulation to limit ownership in domestic banks because it does not want to scare away potential foreign investors from the sale of state-owned Bank Mutiara.
An analyst with a local research firm said the move will stimulate interest in banking stocks with Indonesian exposure like Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd.
"Right now, it is status quo. It is difficult to pre-empt anything yet," she said.
Analysts had previously expressed concern about the Indonesian move to implement the bank ownership cap as it will hurt the Malaysian banks' earnings.
CIMB climbed 15 sen to 7.31 and Maybank added two sen to RM8.52 yesterday.
The move to drop the controversial plan mooted by the central bank last year should give greater certainty to foreign investors looking to buy banking assets in Indonesia and lead to greater consolidation in the sector.
The plan had thrown a spanner in mergers and acquisitions dealmaking in Indonesia's financial sector and led to worries about the need for existing major shareholders to sell their stake to below 50%.
Currently, Indonesia allows foreign banks to own up to 99% of local banks.

Maybank's Bank Internasional Indonesia (BII), which is one of Indonesia's top 10 banks, has 344 branches, almost the same as Maybank's 386 branches in Malaysia.
Maybank holds a 95% stake in BII, which contributes less than 10% to the group's earnings.
CIMB's Indonesian unit, PT Bank CIMB Niaga Tbk, accounted for about 30% of CIMB Group's pre-tax profit for the first nine months of 2011. CIMB owns a 97% stake in CIMB Niaga.
Both banks had previously said the income from Indonesian operations would continue to grow.
"This is positive for the banks with exposure to Indonesian banks, as well as investors. Previously, investors were trimming their shares as they were worried that ownership cap will impact their future returns and earnings," said an analyst with another broking house.
A banking analyst said the latest development may also re-ignite interest of local financial institutions to buy into Indonesian banks.
According to recent reports, RHB Bank had expressed its intention to acquire an 80% stake in PT Bank Mestika Dharma for RM1.16 billion. And Affin Holdings Bhd may revisit its plan to acquire Indonesia's PT Bank Ina Perdana.

TIMECOM - Target Price RM0.96-RM1.28?

Price started to move and tried RM0.775 level. With the rumours Khazanah (sovereign wealth fund) intend to divest its assets in Time and Timecom, I think the share price may try RM0.86-RM0.96 level soon.

With the 3.54% holding in DiGi, the Timecom share price will be well supported at RM0.72 level. If DIGI continue it uptrend, TIMECOM share price will move also.

Good Luck! 

TIMECOM (Stock Code : 5031)- RM0.71

Background

 5 Years P&L

5 Years Balance Sheet:-

TIMECOM has been going through an effective restructuring since year 2008. Year 2012 will focus in clean-up its Balance Sheet and share consolidation.

Latest Quarterly Result:-

Futures Business In The Pipeline :-

Share Price Movement & Comments:-

GOOD LUCK !

Performance Review For Counters Recommeded

It is time to make a review on some good counters recommended under Traderszone4u:-
Feel free to give any comments/suggestion by sending an email to traderszone4u@yahoo.com.