Thursday, February 26, 2015

The Sabbatical Cycle

“Six years thou shalt sow thy field, and six years thou shalt prune thy vineyard, and gather in the fruit thereof. But in the seventh year shall be a sabbath of rest unto the land, a sabbath for the LORD: thou shalt neither sow thy field, nor prune thy vineyard.” — Leviticus 25:3-5

Read the article HERE.

Wednesday, February 11, 2015

Stock Watch - WCT

WCT Holdings Bhd is going to form a REIT to house its own shopping malls. This will help to unlock the value of these assets.

The REIT is said to have an asset size of RM2bn to include AEON BBT mall, Paradigm mall in Kelana Jaya and Gateway@KLIA2. WCT plans to list the REIT this year. Hopefully, shareholders can get some free shares in the REIT from a potential distribution in specie. I bought some shares for the ride.

Tuesday, February 10, 2015

Stock Watch - PANTECH

The PANTECH share price has dropped quite a lot from RM1.10+ since July 2014. At current prices, I reckon buying some shares could be a good move in anticipation of a rebound when they start to get more contracts from the "RAPID" development (PETRONAS' RM60 billion Refinery and Petrochemical Integrated Development Project).

Tuesday, February 3, 2015

InsiderAsia’s Top 10 stocks for 2015

"INVESTORS will be greeting the New Year under dark clouds of uncertainties over the ringgit, the rout in the oil market and the resulting impact on the country’s budget deficit, trade and current accounts — and last but not least, economic growth.

The ringgit has already fallen sharply in the past month, hit by a double whammy. Firstly, with the US economy gaining traction — and feeding expectations of higher interest rates — there is a rush of capital back to the greenback. The unwinding of foreign shareholdings in Malaysian Government Securities (MGS), thus far, may just be the tip of the iceberg.

As a net exporter of oil and gas, Malaysia is seen as a loser from the steep drop in oil prices, which may have more room to fall before stabilising. And even then, prices may stay low for a considerable period amid rising global supply and sluggish demand.

And then there are domestic dampers to consider, such as the looming Goods and Services Tax (GST) as well as high government and household indebtedness.

The impact from the confluence of all these factors is yet to be definitively assessed, quantified or addressed by the government.

And this will be reflected in corporate earnings growth, which has been dismal in the past three straight years — hovering in the low single digit. 2015 will be worse!

In sum, they all point to a difficult year ahead, marked by falling stocks and property prices.

Against such a challenging backdrop, we have carefully selected 10 stocks that we believe will outperform the market. They may even make money in a broadly falling market.

There is a common thread amongst all these companies — they have sustainable business models, good growth prospects, improving productivity and strong balance sheets. In fact, all of our selected stocks are in net cash position save for Complete Logistic Services, which is just marginally in debt"...[read full article]

The 10 stocks:

- Cocoaland
- Complete Logistic Services Bhd
- Homeritz Corporation
- OKA Corporation
- Panamy
- Pintaras Jaya
- Thong Guan
- WellCall
- Willowglen

Their 2015 stock selection has performed very well since it was first mentioned early last month as can be seen HERE.