Monthly Research : Formosa Prosonic Industries Bhd (FPI)

SWOT Analysis Strength Company has disposed loss making subsidiaries / associates and consolidated its operations in Malaysia over the years. Ventured into musical instruments industry through acquisition of a subsidiary Strong balance sheet, net cash, debt free over the past 5 years Consistent dividend payout with ~11% CAGR over the Continue Reading

Results Update for AJIYA and HOMERIZ

AJIYA (3QFY17) Speculation gone wrong? Of course Speculation could go wrong! Even the most conservative investment could go wrong! What did you expect?! Referring to our first post on AJIYA: Redefining Speculation,  we stated an opportunity to speculate on AJIYA. Two financial quarters have passed, AJIYA share price dropped from Continue Reading

IQGROUP – My conversation with the Devil

“Graham’s image of Mr. Market, probably the most brilliant metaphor ever created for explaining how stocks can become mispriced. The manic depressive Mr. Market does not always price stocks the way an appraiser or a private buyer would value a business. Instead, when a stocks are going up, he happily Continue Reading

AJIYA – Redefining Speculation

Just like the word Investment, Speculation has different meaning to different persons. The funny thing is, almost everyone involved in financial market like to pride themselves as Investors (or Traders), and none of them would regard themselves as Speculators. Cambridge dictionary define Speculation as “the activity of guessing possible answers to a question without having enough Continue Reading

Hock Lian Seng – The Deep Pocketed Construction Firm (B)

Hock Lian Seng is a civil engineering firm and property developer listed in SGX. As this is the first time we present Singapore stock in this blog, we need to clarify something. First of all, investing in Singapore stock market, or any other foreign stock market for that matter, is Continue Reading

HOMERIZ – The Usual Suspects (B)

  Introduction While writing this post, we visited some online investor communities and found that HOMERIZ has been widely covered by many independent analysts, as it aligns with US beneficiary theme. However, we feel reluctant to give too much credit for good business performance that is backed by external factors like foreign Continue Reading

SOLUTN – Solution for Education (B)

Introduction Solution Engineering Holdings Bhd (SEHB) is one of the top 30 stockpick by the Malaysia infamous investor, Mr. Fong Siling AKA Coldeye. This has drawn our attention to find out more about the company. While searching online about the company, we noticed that most of the write-ups about SEHB did not explain much about Continue Reading

IQGROUP – The IQ to move up the Value Chain (B)

Introduction In the 1980s, Malaysia, Taiwan and Korea started industrialisation phase at about the same time. Started as low-end original equipment manufacturers (OEM), Taiwan succeeded to move up the value chain, became the world’s best original design manufacturers (ODM) for western brands, and advanced to original brand manufacturer (OBM) in Continue Reading