Welcome to AWong Investment

Wednesday, June 26, 2013

FD Promotion from Public Bank ^_*


Promotion Period: 3 June 2013 to 30 Sept 2013

Interest rates from 3.18% up to 6.88% as follows: 


Minimum deposit of RM10,000

Maximum deposit of RM3,000,000

 


*Please note that above just some quick information. You still need to find out more info about the interest rates via their website.*

Sunday, June 16, 2013

MAS-OR ~ Up 233% in less than a week ^_*


I have posted this share, MAS-OR (rights) on 8 May 2013 [Previous Post]

At that time, the share price was at 0.03

~ in less than 1 week it reached 0.10 ~ up 233%

Hope you guys made profits too!!

FYI, all rights have been fully subscribed now and started trading on 5 June 2013.

MAS (3786) price is currently @ 0.30




Some updated info:
  • April 2013 - MAS will start Airbus A380 services between KL and Hong Kong from 1 May 2013.
  • MAS entry into the oneworld alliance has lifted passenger loads
  • MASkargo Sdn Bhd spent approx. RM77million to upgrade the warehouse and KLIA to increase tonnage capacity from 700k tonnes to 2million tonnes capacity by 2015
  • May 2013 - MAS rights issue received an over-subscription of approx. 41%
  • June 2013 - Petronas reported that they anticipating oil prices to hover between US$95 and US$100 per barrel by year end
Latest Financial news:
  • MAS latest 1Q2013 net LOSS approx. RM279million
  • Operation loss for 1Q2013 reduced to RM165million (previous 1Q2012 loss was RM307million ~ reduced approx. 46%)
  • Revenue for 1Q2013 increased to RM3,546million (previous 1Q2012 revenue was RM3,115million ~ increased approx. 14%)
Research company view (After announced of Rights Issue):

April 2013 - RHB Research Institute ~ ex-rights fair value 0.50
April 2013 - Kenanga ~ target price 1.01 and 0.39 on it ex-rights shares
April 2013 - Alliance Research ~ target price 0.68 and 0.32 on an ex-all basis.


May 2013 - Maybank Investment Bank ~ target price 0.46
May 2013 - Bloomberg data  ~ 6 sell calls, 4 buy calls and 2 neutral ~ range 0.29 to 0.48
May 2013 - Affin Research ~ fair value 0.29
31 May 2013 - Maybank Investment Bank ~ target price 0.35


To me ~ MAS is at discounted price now.

Lowest price ppl get for MAS-OR is 0.03+0.23 = 0.26 (current price 0.30 still up approx. 15%), that's why MAS drop recently ~ profit taking at the moment. Don't forget these just minority as approx. 80% of the shares are holding by Khazanah and EPF.

Operating loss reduced ~ restructuring seems working
Revenue increased ~ change of management strategy seems working
Rights over subscribed approx. 41% ~ shareholder willing to put in more money....reduce their cost per share? or believe MAS price is reasonable at the moment?
Rights get approx. RM3.1billion cash ~ free interest cash from shareholders to pay off debt
More new aircraft ~ reduce petrol and maintenance expenses

Keep an eye on this share.

Good luck with your investment!!! ^_*

Again as mentioned in my previous post, One main point is MAS have stop paying out dividends since 2008. If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum.

 
___________________________________________________________________________________
 
Below is my 2nd Edition issued on 22 Jan 2013 [Previous Post]


Here is my 2nd edition ^_*

Price @ RM20 per copy.

Interested please do email me:

and I will email you the details for payment. Once received payment, a softcopy (in pdf) will be sent to your email.

Please note that no further information will be release for shares that I'm looking at in my blog except for those which I have posted previously.

Monday, June 3, 2013

Company Reviews ~ May 2013

For previous info {Please Click Here}

AEON Credit Service (5139) ~ current price @ 17.50

April 2013 - HwangDBS Vickers Research ~ target price 16.10

May 2013 - Kenanga Research ~ target price 16.40
May 2013 - RHB Research ~ fair value 15.20

Affin Holdings Bhd (5185) ~ current price @ 4.17

May 2013 - Alliance Research ~ target price 4.78


AirAsia (5099) ~ current price @ 3.20
May 2013 - Affin Investment Research ~ target price 3.70
May 2013 - Maybank KE Research ~ target price 3.00based 00
May 2013 - Kenanga ~ target price 3.36

Alam Maritim Resources Bhd (5115) ~ current price @ 1.45
April 2013 - RHB Research Institute ~ fair value 1.25

May 2013 - Kenanga Research ~ target price 1.39
May 2013 - Maybank KE Research ~ target price 1.30

Alliance Financial Group (2488) ~ current price @ 4.97
May 2013 - Affin Investment Bank ~ target price 4.78

Asia Brands Bhd (7722) ~ current price @ 3.50
May 2013 - Kenanga Investment Research ~ target price 4.00

Astro Malaysia Holdings Bhd (6399) ~ current price @ 3.23
May 2013 - Kenanga Research ~ target price 3.38

Axiata Group (6888) ~ current price @ 6.75
May 2013 - Alliance Research ~ target price 7.00

Bonia Corporation (9288) ~ current price @ 2.18
May 2013 - Affin Investment Research ~ target price 2.36

Bumi Armada (5210) ~ current price @ 3.98
May 2013 - JF Apex Research ~ fair value 4.27

CIMB Group Holdings Bhd (1023) ~ current price @ 8.28
May 2013 - HLIB Research ~ target price 8.42
May 2013 - RHB Research ~ fair value 9.90
May 2013 - Alliance Research ~ target price 9.64

Dayang Enterprise Holdings Bhd (5141) ~ current price @ 5.13
April 2013 - Hwang DBS Vickers Research ~ target price 4.00
April 2013 - MIDF Research initiated ~ target price 3.95
April 2013 - Kenanga Research ~ target price 4.86

May 2013 - MIDF Research ~ target price 4.41
May 2013 - RHB Research ~ fair value 6.50

Eastern & Oriental Bhd (E&O) (3417) ~ current price @ 2.15
May 2013 - CIMB Equities Research ~ target price 2.48

Felda Global Ventures Holdings Bhd (5222) ~ current price @ 4.41
May 2013 - CIMB Equities Research ~ target price 4.49
May 2013 - Affin Investment Bank ~ target price 4.07

Gamuda (5398) ~ current price @ 4.83
April 2013 - Alliance Research ~ target price 4.95

May 2013 - RHB Research ~ fair value 4.49
14 May 2013 - RHB Research ~ fair value 5.45
May 2013 - Maybank KE Research ~ target price 5.30

Genting Plantation (2291) ~ current price @ 9.00
May 2013 - Affin Research ~ target price 8.88

Hap Seng Plantations (5138) ~ current price @ 2.69
May 2013 - CIMB Equities Research ~ target price 2.70

Hartalega Holdings Bhd (5168) ~ current price @ 5.52
April 2013 - RHB ~ fair value 5.34
May 2013 - CIMB Equities Research ~ target price 6.11
May 2013 - MIDF Research ~ target price 5.19

IJM Corporation Bhd (3336) ~ current price @ 5.72
May 2013 - AmResearch ~ fair value 6.95

IOI Corporation (1961) ~ current price @ 5.10
April 2013 - RHB Research Institute ~ fair value 4.90

May 2013 - CIMB Equities Research ~ target price 5.53
May 2013 - Affin Investment Bank ~ target price 5.62
May 2013 - Alliance Research ~ target price 5.41
May 2013 - Kenanga Research ~ target price 5.40

JCY International Bhd (5161) ~ current price @ 0.60
May 2013 - Kenanga Research ~ target price 0.54

Kinsteel Bhd (5060) ~ current price @ 0.35
May 2013 - Affin Investment Research ~ target price 0.38

KL Kepong (2445) ~ current price @ 21.18
May 2013 - Alliance Research ~ target price 19.80
May 2013 - RHB Research ~ target price 21.30

KNM Group (7164) ~ current price @ 0.56
May 2013 - AmResearch ~ fair value 0.49

Kossan Rubber Industries Bhd (7153) ~ current price @ 4.34
April 2013 - Kenanga Research ~ target price 4.23
April 2013 - RHB ~ fair value 4.15
May 2013 - CIMB Equities Research ~ target price 4.81

KPJ Healthcare Bhd (5878)~ current price @ 6.50
May 2013 - RHB Research ~ fair value 7.30
May 2013 - Alliance Research ~ target price 6.07

MAS (3786) ~ current price @ 0.38
April 2013 - Affin Investment Research ~ target price 0.83

(After announced of Rights Issue)
April 2013 - RHB Research Institute ~ ex-rights fair value 0.50
April 2013 - Kenanga ~ target price 1.01 and 0.39 on it ex-rights shares
April 2013 - Alliance Research ~ target price 0.68 and 0.32 on an ex-all basis.
May 2013 - Maybank Investment Bank ~ target price 0.46
May 2013 - Bloomberg data  ~ 6 sell calls, 4 buy calls and 2 neutral ~ range 0.29 to 0.48
May 2013 - Affin Research ~ fair value 0.29
31 May 2013 - Maybank Investment Bank ~ target price 0.35 

Mah Sing Group Bhd (8583) ~ current price @ 3.20
April 2013 - RHB Research Institute ~ fair value 2.18
April 2013 - MIDF Research ~ target price 2.56

May 2013 - UBS Research ~ target price 2.50

Malaysia Airports Holdings Bhd (5014) ~ current price @ 6.14
April 2013 - Kenanga Research ~ target price 7.19
April 2013 - RHB Research ~ fair value 7.23

May 2013 - RHB Research ~ fair value 7.23

Malaysia Marine and Heavy Engineering (5186) ~ current price @ 3.17
April 2013 - Affin Investment Bank ~ target price 3.50

May 2013 - AmResearch ~ fair value 3.30

Matrix Concepts (5236) ~ current price @ 2.60
May 2013 - Kenanga Investment Research ~ fair value 2.75

Maxis Bhd (6012) ~ current price @ 6.76
May 2013 - Public Invest Research ~ target price 6.85
May 2013 - CIMB Equities Research ~ fair value 7.20
May 2013 - RHB Research ~ fair value 6.90

Mudajaya Group (5085) ~ current price @ 2.65
May 2013 - Alliance Research ~ target price 2.93


Multi-Purpose Holdings Bhd (3859) ~ current price @ 3.60
May 2013 - Alliance Research ~ target price 3.60

My E.G. Services (0138) ~ current price @ 1.35
April 2013 - CIMB Equities Research ~ target price 1.34
May 2013 - CIMB Equities Research ~ target price 1.57

Parkson Holdings Bhd (5657) ~ current price @ 3.82
May 2013 - AmResearch ~ fair value 4.43

Perdana Petroleum Berhad (7108) ~ current price @ 2.00
May 2013 - CIMB Equities Research ~ target price 1.80

Perisai Petroleum Teknologi (0047) ~ current price @ 1.62
May 2013 - Maybank Investment Bank Research ~ target price 1.40
May 2013 - CIMB Equities Research ~ target price 1.90

Petra Energy Bhd (5133) ~ current price @ 2.15

May 2013 - Affin Research ~ target price 1.83
May 2013 - RHB Research ~ target price 1.95

Petronas Gas (6033) ~ current price @ 21.24
May 2013 - CIMB Equities Research ~ target price 22.18
May 2013 - MIDF Research ~ target price 18.12
May 2013 - Hwang DBS Vickers Research ~ target price 22.20

Pos Malaysia (4634)  ~ current price @ 4.85
May 2013 - Kenanga Research ~ target price 4.90

Prestariang (5204) ~ current price @ 1.77
May 2013 - CIMB Equities Research ~ target price 2.79

Quill Capita Trust  (5123) ~ current price @ 1.23
May 2013 - HwangDBS Vickers Research ~ target price 1.45

RHB Capital (1066) ~ current price @ 8.76
April 2013 - Alliance Research ~ target price 9.05

May 2013 - CIMB Equities Research ~ target price 9.50

SapuraKencana Petroleum Bhd (5218) ~ current price @ 4.50
May 2013 - Affin ~ target price 4.13

SEG International Bhd (9792) ~ current price @ 1.60
May 2013 - Kenanga Research ~ target price 1.45
May 2013 - RHB Research ~ target price 0.96

Sime Darby Bhd (4197) ~ current price @ 9.42
May 2013 - RHB Research ~ target price 10.60

Sunway Bhd (5211) ~ current price @ 4.16
May 2013 - RHB Research ~ fair value 4.28

Tenaga Nasional Bhd (5347) ~ current price @ 8.35
April 2013 - CIMB Equities Research ~ target price 8.55
April 2013 - Public Investment Bank ~ target price 8.85

May 2013 - CIMB Equities Research ~ target price 10.20

Tune Ins Holdings (5230) ~ current price @ 2.17
April 2013 - CIMB Equities Research ~ target price 1.63

May 2013 - CIMB Research ~ target price 1.71

UEM Land Holdings Bhd (5148) ~ current price @ 3.50
April 2013 - MIDF Research ~ target price 2.97
23 April 2013 - MIDF Research ~ target price 3.23

May 2013 - CIMB Equities Research ~ target price 4.28

UMW Holdings Bhd (4588) ~ current price @ 14.42
April 2013 - Kenanga Research ~ target price 12.53

May 2013 - CIMB Equities Research ~ target price 15.90

Uzma Bhd (7250) ~ current price @ 3.19
April 2013 - Kenanga Research ~ target price 2.33

May 2013 - Public Investment Bank Research ~ target price 2.86

Wing Tai Malaysia Bhd (2976) ~ current price @ 2.61

May 2013 - HwangDBS Vickers Research ~ target price 2.55

*Please note that above just some quick information. You still need to find out more info about how they calculated their target price.*