KUCHING: The rubber glove sector has a positive outlook for the upcoming quarters as earnings recovery is believed to be at an early-cycle and bound to gain momentum on the back of sustained margin revival.
In a sector update, AmResearch Sdn Bhd (AmResearch) analyst Low Soo Fang opined, “We reckon glove manufacturers are poised to reap higher margins from time-lag induced imperfect price adjustments from lower input costs due to easing latex price and the strengthening greenback against the ringgit exchange rate.
“As it is, quarterly earnings before interest, tax, depreciation and amortisation (EBITDA) margins of glove manufacturers are still two to four percentage points below normalised levels, implying upside potential.
“We expect higher margins to kick-in over the next few quarters as cheaper latex costs are fully reflected in average selling prices (ASPs),” she stated.
Despite a sharp drop of over 40 per cent in latex price from an all-time high of RM10.60 per kilogramme (kg), Low saw a further easing in latex prices as imminent due to a worse-than-anticipated rubber glut and weakening demand.
This would extend support for a sustained improvement in margins for glove makers as it is the single biggest cost determinant for rubber glove manufacturers, constituting up to 56 to 62 per cent of total production costs.
Low gathered that China’s stockpile of natural rubber (NR) had been on a progressive rise since August 2011, leading to an estimated surplus of 365,600 tonnes as at end-December 2011.
Even though global rubber supply for this year was forecasted to rise by only half of 2011’s additional production of 610,000 tonnes, this would inevitably exert further downward pressure on latex prices going forward.
China’s dominance in the global automobile industry (with a 23 per cent market share) was expected to grow at a slower rate this year, in tandem with the country’s slower economic growth outlook.
The country’s vehicle sales grew a mere three per cent last year, compared with a robust 32 per cent in 2010. As the world’s automobile industry consumes about 70 per cent of global NR output, the sluggish outlook for auto sales this year would affect NR demand negatively.
With regards to glove makers’ production mix, Low commented, “In our view, the structural shift from natural rubber (NR) to nitrile gloves will continue alongside industry trends as consumers typically tend to migrate upwards along with rising disposable income.
“However, the rate of switching should become less drastic now, given softening latex price. Most encouragingly, prices of NR gloves are currently at some seven to 10 per cent discount to nitrile variants.
“NR gloves were sold at an estimated 12 per cent to13 per cent premium to nitrile gloves in 2011. The reversal in ASPs resulting in a favourable price differential should thus help NR gloves claw back some lost market share,” she stated.
The analyst raised AmResearch’s earnings forecasts by 35 to 48 per cent for Top Glove Corporation Bhd (Top Glove) and two to 10 per cent for Kossan Rubber Industries Bhd (Kossan).
She also imputed in higher utilisation rates, latex price forecast of RM5.50 to RM6 per kg as well as AmResearch’s latest in-house foreign exchange rate (US$1 = RM3.10) for both Top Glove and Kossan.
Choosing Top Glove as the top pick for the sector as the group was a prime beneficiary of easing latex prices, she pegged a fair value at RM6.15 per share (from RM3.10 per share) based on a higher fair price earnings (PE) of 19 times revised financial year 2012 (FY13) forecasted earnings.
With over 78 per cent of total production (37 billion pieces per annum) in NR gloves, Top Glove was regarded as the ‘purest’ and largest NR glove manufacturer. Based on past trends, the stock had seen an upward PE re-rating of eight to12 times during previous periods of declining latex prices.
Low also bumped up Kossan’s fair value to RM4.31 per share (from RM3.38 per share previously) based on a higher fair PE of 12.5 times revised FY12 forecasted earnings.
Read more: http://www.theborneopost.com/2012/01/20/positive-outlook-for-rubber-glove-sector-says-analyst/#ixzz1kif1Z7qS
Monday, January 30, 2012
Friday, January 27, 2012
Indonesia: Tangerang man positive for H1N1 swine flu: Health Ministry
Via The Jakarta Post: Tangerang man positive for swine flu: Health Ministry. Excerpt:
The 18-year-old man in Tangerang, who was suspected of being infected with bird flu and who died on Wednesday, tested positive for swine flu, the Health Ministry said.
The ministry’s head of research and development, Trihono, told The Jakarta Post on Thursday that the man, known as R, had contracted H1N1, which caused a pandemic in 2009.
Trihono said, however, that it was unlikely that the man had died of swine flu. “While swine flu was deadly in 2009 and 2010, it is no longer a harmful disease.”
He added that the disease is a lot like a more common seasonal flu. “The sufferer does not even need to be isolated,” he said.
The World Health Organization announced in 2010 that the H1N1 swine-flu pandemic had passed, but made clear that “this does not mean that the H1N1 virus has gone away”.
Trihono suspected that the patient might have suffered from another, deadlier disease, which led to his death. “That disease killed him rather than the swine flu.”
Officials from Tangerang General Hospital and the regency’s health authority declined to comment on the swine-flu infection, telling the Post that only Health Ministry officials were authorized to make such comments.
The hospital’s spokesman, Achmad Muchlis, had earlier said that R had died from respiratory problems. The man, a resident from Panongan district in Tangerang, died after being treated for five days.
Mexico Ups Swine Flu Screening as Cases Increase
Three years after swine flu closed Mexico City and caused an international scare, the Mexican government and local media are at odds over the severity of this season's flu virus. Newspapers are warning of an alarming increase in cases while the government insists there is no cause for alarm.
Federal and state health officials agree there is an increase, but they say the number of cases is within the range of a normal flu season.
The Mexican health ministry, however, has listed confusing numbers on its website and it hasn't specified the rise in cases despite repeated requests from The Associated Press.
The federal education ministry said Wednesday that it was instituting screening measures in all elementary schools for the H1N1 flu strain, commonly called swine flu when the first outbreak was discovered in Mexico in March 2009. The ministry revised its message later to say screenings are in place only at schools where children exhibit symptoms.
Local media reported a handful of schools in Mexico City have closed. The education ministry said they were private schools shuttered by administrators and parents, not by official government action.
Meanwhile, the U.S. Centers for Disease Control and Prevention said Thursday that while Mexico is seeing more cases of the H1N1 virus, the U.S. is seeing more cases of a different strain, H3N2. Antibodies for both are part of this year's flu vaccine. H1N1 is now considered a seasonal flu.
"We are not aware of any unusual changes in the virus in Mexico that would be concerning," CDC spokesman Tom Skinner said in an email to The Associated Press.
Besides the contradicting statements about screenings at schools, the Mexican government has also put out conflicting statistics.
The health ministry on Sunday reported 637 cases of confirmed flu cases so far in 2012 along with 10 deaths — nine of them associated with 573 cases of H1N1.
On Jan. 15, it reported far lower numbers: 181 confirmed cases for all strains of flu and five deaths for 2012, meaning cases would have increased 250 percent in just one week.
The same health bulletin said that for all of last year, there were 870 cases of all strains of flu and 35 deaths.
The World Health Organization in 2009 declared swine flu the first global flu pandemic in 40 years after the outbreak of cases in Mexico that spring and then the strain spread to other countries.
Mexican authorities closed restaurants, schools, museums, libraries and theaters to stop the spread of the disease as initial reports suggested it was killing as many as one in 15 of those infected — a horrifying death rate that would have been more than three times higher than the devastating flu pandemic of 1918-19.
Additional investigation in Mexico suggested that many people had suffered only mild illness. Those cases were not counted in initial reports, meaning the death rate was much, much lower than originally estimated.
By July 2010, the Mexican government reported nearly 76,000 cases of H1N1 and more than 1,300 deaths, the most recent accumulated statistics on its website.
The World Health Organizations estimates that flu causes 3 million to 5 million cases of severe illness worldwide every year, with about 250,000 to 500,000 deaths, primarily among the elderly and the chronically ill.
Federal and state health officials agree there is an increase, but they say the number of cases is within the range of a normal flu season.
The Mexican health ministry, however, has listed confusing numbers on its website and it hasn't specified the rise in cases despite repeated requests from The Associated Press.
The federal education ministry said Wednesday that it was instituting screening measures in all elementary schools for the H1N1 flu strain, commonly called swine flu when the first outbreak was discovered in Mexico in March 2009. The ministry revised its message later to say screenings are in place only at schools where children exhibit symptoms.
Local media reported a handful of schools in Mexico City have closed. The education ministry said they were private schools shuttered by administrators and parents, not by official government action.
Meanwhile, the U.S. Centers for Disease Control and Prevention said Thursday that while Mexico is seeing more cases of the H1N1 virus, the U.S. is seeing more cases of a different strain, H3N2. Antibodies for both are part of this year's flu vaccine. H1N1 is now considered a seasonal flu.
"We are not aware of any unusual changes in the virus in Mexico that would be concerning," CDC spokesman Tom Skinner said in an email to The Associated Press.
Besides the contradicting statements about screenings at schools, the Mexican government has also put out conflicting statistics.
The health ministry on Sunday reported 637 cases of confirmed flu cases so far in 2012 along with 10 deaths — nine of them associated with 573 cases of H1N1.
On Jan. 15, it reported far lower numbers: 181 confirmed cases for all strains of flu and five deaths for 2012, meaning cases would have increased 250 percent in just one week.
The same health bulletin said that for all of last year, there were 870 cases of all strains of flu and 35 deaths.
The World Health Organization in 2009 declared swine flu the first global flu pandemic in 40 years after the outbreak of cases in Mexico that spring and then the strain spread to other countries.
Mexican authorities closed restaurants, schools, museums, libraries and theaters to stop the spread of the disease as initial reports suggested it was killing as many as one in 15 of those infected — a horrifying death rate that would have been more than three times higher than the devastating flu pandemic of 1918-19.
Additional investigation in Mexico suggested that many people had suffered only mild illness. Those cases were not counted in initial reports, meaning the death rate was much, much lower than originally estimated.
By July 2010, the Mexican government reported nearly 76,000 cases of H1N1 and more than 1,300 deaths, the most recent accumulated statistics on its website.
The World Health Organizations estimates that flu causes 3 million to 5 million cases of severe illness worldwide every year, with about 250,000 to 500,000 deaths, primarily among the elderly and the chronically ill.
香港H5N1病毒
新华网香港1月26日电 香港特区政府渔农自然护理署发言人26日表示，日前在新界深井捡走的一只鹅尸体经多项测试后，证实对H5N1病毒测试呈阳性反应。
据介绍，该只鹅尸体于1月20日在深井青山公路13咪钓鱼湾泳滩被捡走。该处的3公里范围内没有鸡场，也没有迹象显示有人散养家禽。渔护署将继续密切监察有关情况，并加强在附近一带的巡查。
渔护署表示，将继续巡查本地活家禽农场，确保业界采取适当措施预防禽流感。渔护署呼吁市民注意个人卫生，避免接触野生雀鸟或活家禽，接触禽鸟后须立即洗手
据介绍，该只鹅尸体于1月20日在深井青山公路13咪钓鱼湾泳滩被捡走。该处的3公里范围内没有鸡场，也没有迹象显示有人散养家禽。渔护署将继续密切监察有关情况，并加强在附近一带的巡查。
渔护署表示，将继续巡查本地活家禽农场，确保业界采取适当措施预防禽流感。渔护署呼吁市民注意个人卫生，避免接触野生雀鸟或活家禽，接触禽鸟后须立即洗手
Thursday, January 26, 2012
为孩子选购储蓄户口和定期存款
孩子出世了2个月了，最近开始要替孩子储蓄了。
和老婆讨论了，一小份放入saving account,大多放入定期吧。
自己在网上看了很多comparison,好象都是Maybank 的Yippie Savings Account最好，有保险cover还有那些奖励。例如PMR,SPM等考到很好的成绩，银行都会另外加钱入户口。
http://www.maybank2u.com.my/mbb_info/m2u/public/personalDetail04.do?chCatId=/mbb/Personal/INV-Investment&programId=ACC01-SavingsAccounts&cntTypeId=0&cntKey=ACC01.07
1.20 - 2.76% p.a.
Minimum deposit:
RM1
* Eligible for protection by PIDM
Account must be opened before reaching age 18
Account must be maintained until the date of submission of Cash Award
---------------------------------------------------------------------------------
OCBC
http://www.ocbc.com.my/personal-banking/banking/MY_Banking_Deposit_Saving_YoungSaver.shtm?bcid=M1_C1_S1_P4
Effective from 12 May 2011, the interest rate for Young Savers account will be revised to the following :
The product features remain unchanged.
Benefits
* To be eligible for the awards, the account must have been opened for at least 12 months prior to the announcement of examination results, and
* The results must be submitted to OCBC within 2 weeks of the announcement of examination results.
* The cash awards for academic excellence shall be paid by the Bank at such frequency and rate determined and may be reviewed by the Bank from time to time.
Eligibility
--------------------------------------------------------------------------------
Who it's for?
Juvenile Death or TPD Benefits
In the event of the death or TPD of the Life Assured occurring before age of five (5) years, the Sum Assured payable under the Basic Life Policy shall be reduced as follows:
*Eligible for Protection by PIDM
和老婆讨论了，一小份放入saving account,大多放入定期吧。
自己在网上看了很多comparison,好象都是Maybank 的Yippie Savings Account最好，有保险cover还有那些奖励。例如PMR,SPM等考到很好的成绩，银行都会另外加钱入户口。
http://www.maybank2u.com.my/mbb_info/m2u/public/personalDetail04.do?chCatId=/mbb/Personal/INV-Investment&programId=ACC01-SavingsAccounts&cntTypeId=0&cntKey=ACC01.07
Yippie Savings Account
A savings account for children aged below 18 years, offering high interest rates up to 2.75% p.a.
Effective rate:1.20 - 2.76% p.a.
Minimum deposit:
RM1
* Eligible for protection by PIDM
Benefits
- Free coin box when you open a Yippie account with a RM250 deposit
- Cash rewards for Yippie Club members who excel in their PMR, SPM, STPM and Tertiary level exams
- Free Personal Accident Insurance coverage of up to RM70,000 for you and your child
- A chance to win fantastic prizes in various contests (if any)
Note
To enjoy these benefits, you need to maintain RM1000 in your account at all times. The higher interest rate paid is subject to only one withdrawal per month. Interest is credited twice (2) a year on 30th June and 31st December respectively. To enjoy this benefit, you will have to maintain the account for at least 6 months a year, from 1st January to 30th June and from 1st July to 31st December. If the account is not maintained for the 6-month duration as mentioned, the normal Kawanku Savings interest will apply.Who can apply
- Children below 18 years old, parents and guardians who are below 60 years of age
Interest rates
| Credit balance | Nominal rate (% p.a.) | Effective rate (% p.a.) | |
| Up to RM50,000 | 3.00 | 3.01 | |
| Above RM50,000 | 1.45 | 1.45 | |
| * With effect from 11 May 2011. Subject to change without prior notice. | |||
Required documents
For Personal/Joint accounts
- Child: Original birth certificate or MyKid
- Parents / Guardian: Original Identity Card (IC) for Malaysians and
- Passports for foreigners
- Valid Passport (if IC is produced as a Primary document)
- Valid driving licence
- Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account
- Letter of employment
- Credit card
Fees & charges
- Replacement of ATM/bankcard: RM12
- Replacement of lost savings passbook: RM15 incl. stamp duty
- Replacement of savings passbook due to poor handling: RM10
- Early closure of account within 3 months of account opening: RM20
- Cash withdrawals at ATM facilities owned by other banks (MEPS charges): RM1
Academic Cash Award
The Cash Award for Academic Excellence is given for excellent grades in PMR, SPM, STPM/A-Levels and Degree level. The cash awards are as follows:| Examination | Cash award |
| PMR (7As) | RM100 per accountholder |
| SPM (8As / A+) | RM200 per accountholder |
| STPM/A-Levels (5As / 4As and MUET Grade 6) | RM300 per accountholder |
| University Degree (1st Class Honours) | RM500 per accountholder |
How to qualify
To qualify, you need to meet the following criteria:Existing account holders
Maintain RM1,000 in the account during the examination year for PMR, SPM, STPM / A-Levels until the date of submission for Cash AwardNew account holders
Open and maintain RM1,000 in the account during the examination year for PMR, SPM, STPM/A-Levels until the date of submission for Cash Award1st Class Honours Degree
At the age of 18, the accountholder must maintain RM1,000 in the accountAccount must be opened before reaching age 18
Account must be maintained until the date of submission of Cash Award
Claims
The submission for Cash Award claims is to be done at the accountholder's home branch within one (1) month from the official results announcement. The Cash Award can only be claimed once irrespective of the number of savings accounts held by the imteen accountholder.---------------------------------------------------------------------------------
OCBC
http://www.ocbc.com.my/personal-banking/banking/MY_Banking_Deposit_Saving_YoungSaver.shtm?bcid=M1_C1_S1_P4
Effective from 12 May 2011, the interest rate for Young Savers account will be revised to the following :
| Tier | Existing Interest Rate (% p.a.) | Revised Interest Rate (% p.a.) |
| Up to RM50,000 | 2.60 | 2.85 |
Above RM50,000 | 0.30 | 0.30 |
Benefits
|
|
|
|
|
* The results must be submitted to OCBC within 2 weeks of the announcement of examination results.
* The cash awards for academic excellence shall be paid by the Bank at such frequency and rate determined and may be reviewed by the Bank from time to time.
Eligibility
|
|
 | No monthly service fee! |
Hong Leong Junior Savings Account
Instilling savings habit at a young age is a wise move. We recognize that supporting education and promoting savings improve the way people live in the communities we serve in.Who it's for?
- Children below 18 years old who wants to inculcate a good savings habit.
- Parents who wish to regularly put aside savings for special purchases and expenses for their child.
- Features & Benefits
- Eligibility
- Terms & Conditions
- High savings interest at 2.90% p.a. up to RM50,000
- Interest calculated daily and credited monthly
- Savings passbook provided to help your child keep track of their finances
- Open an account now with RM 1
- Low monthly premium - RM1.10 a day for complete protection for both adult and child.
- Covers both death and total permanent disability.
- Up to RM90,000 coverage per life; no medical examination required.
- Accumulated income fund available upon termination of policy.
- Coverage will commence immediately for death / TPD caused by accidents.
- Hassle free payment convenience through debiting your Hong Leong Junior Savings Account.
| Benefits | Junior Saver's Protection Plan | |
|---|---|---|
| 1st Life Assured | 2nd Life Assured | |
| Death (All Causes) | RM 45,000 | RM 45,000 |
| TPD (All Causes) | RM 45,000 | RM 45,000 |
| Premium | RM 33 per month | |
In the event of the death or TPD of the Life Assured occurring before age of five (5) years, the Sum Assured payable under the Basic Life Policy shall be reduced as follows:
| Age attained at Death or TPD | % Sum Assured Payable |
|---|---|
| 0 to 1 | 20% |
| 2 | 40% |
| 3 | 60% |
| 4 | 80% |
| 5 and above | 100% |
---------------------------------------------------------------------------------------------
至于Fixed Deposit,最近留意报纸，OCBC好像在这个时间有特别promotion,到31March如果定期9个月以上利息3.80%.自己还很挣扎。如果替孩子买股票，可能得到的股息还要高吧。。。。不过老婆就可能反对。雲頂1.2億售印尼2油氣公司
雲頂（GENTING，3182，主板貿服股）今日以3900萬美元(1億2110萬令吉)，將擁有兩項印尼油田生產分享合約的兩家子公司脫售予澳洲的AWE私人公司（簡稱AWE）。
雲頂宣佈，其95%子公司Swallow Creek有限公司，已經和澳洲掛牌的石油開採公司AWE私人公司簽署股票買賣協議，將擁有印尼Northwest Natuna油田及Anambas油田生產分享合約的子公司，Genting Oil Natuna私人有限公司，及Sanyen油氣私人有限公司100%股權，脫售給AWE。
Genting Oil Natuna私人有限公司，及Sanyen油氣私人有限公司均在新加坡成立，負責印尼Natuna海的油氣開採業務，分別持有Northwest Natuna油田及Anambas油田生產分享合約。
AWE將支付3900萬美元現金予Swallow Creek有限公司。Swallow Creek則將兩家子公司拖欠它的1億美元貸款及應收帳轉移給AWE。
這項收購行動預計將在2月份完成。雲頂表示，有關收購行動不會影響該集團2012財政年的淨利及淨資產水平。
在此之前，市場已經傳出這項脫售的消息，不過，雲頂股價今日並未受到激勵，而是隨著大市下滑，閉市時，雲頂下滑8仙，至10.90令吉，成交量為224萬1400股。
雲頂集團在2010年11月份以1億3650美元，將印尼Muturi油氣相關的特許經營權脫售給英國石油全球投資(BP Global Investments)，並在2007年以7億4500萬令吉，將旗下紙和包裝業務脫售予CVC。這一次脫售油氣業務，是該集團第三項非博彩業務脫售活 動。分析員認為是項脫售將可讓雲頂更專注於博彩業務。
僑豐投行分析員認為，這項脫售行動在預料之中，該集團一直在探討脫售其大馬、中國，印尼以及印度的發電與油氣業務。
分析員認為，油氣業務將動用龐大資本開銷，而該集團則難以為非核心業務（油氣業務）投入龐大的資金。
基於雲頂擴大其博彩業務在全球的版圖，分析員相信，該公司的估值將逐步追上全球業者的水平。該公司目前的本益比僅13.6倍，其他國際博彩業者的本益比平均為20倍。因此，分析員維持「買入」的建議。
雲頂宣佈，其95%子公司Swallow Creek有限公司，已經和澳洲掛牌的石油開採公司AWE私人公司簽署股票買賣協議，將擁有印尼Northwest Natuna油田及Anambas油田生產分享合約的子公司，Genting Oil Natuna私人有限公司，及Sanyen油氣私人有限公司100%股權，脫售給AWE。
Genting Oil Natuna私人有限公司，及Sanyen油氣私人有限公司均在新加坡成立，負責印尼Natuna海的油氣開採業務，分別持有Northwest Natuna油田及Anambas油田生產分享合約。
AWE將支付3900萬美元現金予Swallow Creek有限公司。Swallow Creek則將兩家子公司拖欠它的1億美元貸款及應收帳轉移給AWE。
這項收購行動預計將在2月份完成。雲頂表示，有關收購行動不會影響該集團2012財政年的淨利及淨資產水平。
在此之前，市場已經傳出這項脫售的消息，不過，雲頂股價今日並未受到激勵，而是隨著大市下滑，閉市時，雲頂下滑8仙，至10.90令吉，成交量為224萬1400股。
雲頂集團在2010年11月份以1億3650美元，將印尼Muturi油氣相關的特許經營權脫售給英國石油全球投資(BP Global Investments)，並在2007年以7億4500萬令吉，將旗下紙和包裝業務脫售予CVC。這一次脫售油氣業務，是該集團第三項非博彩業務脫售活 動。分析員認為是項脫售將可讓雲頂更專注於博彩業務。
僑豐投行分析員認為，這項脫售行動在預料之中，該集團一直在探討脫售其大馬、中國，印尼以及印度的發電與油氣業務。
分析員認為，油氣業務將動用龐大資本開銷，而該集團則難以為非核心業務（油氣業務）投入龐大的資金。
基於雲頂擴大其博彩業務在全球的版圖，分析員相信，該公司的估值將逐步追上全球業者的水平。該公司目前的本益比僅13.6倍，其他國際博彩業者的本益比平均為20倍。因此，分析員維持「買入」的建議。
我的股票Portfolio 2012.01.26
今天是华人农历新年初四，是股票市场好日子。我hold的股票大多gain.
去年投机太过火，结果亏本多。今年还是乖乖拿股息好了，虽然风水说我有偏财。是事实，因为前几天的E&O投机如果我hold到今天已经赚入RM400++了。可惜我没有hold,因为怕。结果选择hold的Supermax却没有很好。
目前股票portfolio如下。
如果你问我投机可以玩什么，我自己短期炒了Gtronic还有E&O.
Gtronic是因为短期看好它的业务，还有不错股息。不过我个人不喜欢科技股票。所以当初RM0.9买，现在RM1.00卖出。还是有的玩个人觉得。
E&O买入是因为当初看到它的volume很高。背后一定有原因的。是看时间爆发而已。说不定SIME真的决定购买公司，而且价格可能不过，所以才会爆发。如果SIME全购，我觉得不会少过RM2.00.
2012人人说是世界末日，而且灾难还有病疫多。所以我个人选择了HOLD手套股票到年尾。目前已经买入Supermax,Latexx去年hold到今天。其实手套股会反弹已经是所料之事情，因为橡胶价格跌，如果美金强势，未来业绩肯定走出低潮。这个时候加码我自己觉得适当。因为是在情况刚开始明朗。年尾可能卖出了。
另外，我之前已经看好的Huayang终于开始reflect了。做功课的人的reward是不错的。这个股票未来2年我觉得可以hold.虽然自己不看好propertystock,不过这个以中低阶层为主的developer自己很喜欢。hold少少看未来成绩。其他property stock以后会尽快sell.
去年投机太过火，结果亏本多。今年还是乖乖拿股息好了，虽然风水说我有偏财。是事实，因为前几天的E&O投机如果我hold到今天已经赚入RM400++了。可惜我没有hold,因为怕。结果选择hold的Supermax却没有很好。
目前股票portfolio如下。
如果你问我投机可以玩什么，我自己短期炒了Gtronic还有E&O.
Gtronic是因为短期看好它的业务，还有不错股息。不过我个人不喜欢科技股票。所以当初RM0.9买，现在RM1.00卖出。还是有的玩个人觉得。
E&O买入是因为当初看到它的volume很高。背后一定有原因的。是看时间爆发而已。说不定SIME真的决定购买公司，而且价格可能不过，所以才会爆发。如果SIME全购，我觉得不会少过RM2.00.
2012人人说是世界末日，而且灾难还有病疫多。所以我个人选择了HOLD手套股票到年尾。目前已经买入Supermax,Latexx去年hold到今天。其实手套股会反弹已经是所料之事情，因为橡胶价格跌，如果美金强势，未来业绩肯定走出低潮。这个时候加码我自己觉得适当。因为是在情况刚开始明朗。年尾可能卖出了。
另外，我之前已经看好的Huayang终于开始reflect了。做功课的人的reward是不错的。这个股票未来2年我觉得可以hold.虽然自己不看好propertystock,不过这个以中低阶层为主的developer自己很喜欢。hold少少看未来成绩。其他property stock以后会尽快sell.
| Buy At | Quantity | Cost | MktPrice | MktValue | Gain/Loss | Gain/Loss % | |
| PowerRoot | 0.5964 | 500 | 298.18 | 0.510 | 255.00 | (43.18) | -14.48% |
| Latexx | 2.40 | 200 | 493.15 | 1.920 | 384.00 | (109.15) | -22.13% |
| HuaYang | 1.580 | 100 | 171.05 | 1.410 | 141.00 | (30.05) | -17.57% |
| HuaYang | 1.400 | 200 | 294.00 | 1.410 | 282.00 | (12.00) | -4.08% |
| HuaYang(Bonus 1:3) | 0.000 | 100 | 0.00 | 1.410 | 141.00 | 141.00 | #DIV/0! |
| UOADev | 1.500 | 100 | 163.05 | 1.580 | 158.00 | (5.05) | -3.10% |
| UOADev | 1.453 | 100 | 159.25 | 1.580 | 158.00 | (1.25) | -0.78% |
| Supermax | 2.341 | 1000 | 2340.70 | 2.180 | 2180.00 | (160.70) | -6.87% |
| E&O | 1.700 | 2000 | 3425.00 | 1.720 | 3440.00 | 15.00 | 0.44% |
| Cash | 2482.76 | 2482.76 |
Saturday, January 21, 2012
Tuesday, January 17, 2012
Jakarta on alert after man dies of H5N1
JAKARTA: Indonesia has stepped up preventive and control measures against bird flu following the death of a 23-year-old man of suspected H5N1 virus infection in northern Jakarta on Saturday.
Deputy Health Minister Ali Gufron Mukti said today the government was handling the measures more professionally to prevent any spread of the disease.
The measures also included having designated hospitals to handle such cases in the future, he said.
Mukti could only say that he would provide verification later when asked to confirm whether an outbreak of the disease had occurred in northern Jakarta.
It is learnt that the man who died had bred pigeons in the vicinity of his home.
Agriculture Minister Suswono said Indonesia was not completely free of bird flu.
"Most importantly, we hope that the people will not hesitate to immediately report any death of chickens, and should any of the people fall ill," he said.
Suswono has ordered relevant agencies under the ministry to monitor cases suspected to be bird flu.
Meanwhile, the local media reported that the health division of the Jakarta local authorities conducted an operation today to examine sick birds in eastern Jakarta besides enforcing the restriction on breeding of birds within 25 metres of residential areas.
In the operation, several birds bred in the restricted areas were culled
Deputy Health Minister Ali Gufron Mukti said today the government was handling the measures more professionally to prevent any spread of the disease.
The measures also included having designated hospitals to handle such cases in the future, he said.
Mukti could only say that he would provide verification later when asked to confirm whether an outbreak of the disease had occurred in northern Jakarta.
It is learnt that the man who died had bred pigeons in the vicinity of his home.
Agriculture Minister Suswono said Indonesia was not completely free of bird flu.
"Most importantly, we hope that the people will not hesitate to immediately report any death of chickens, and should any of the people fall ill," he said.
Suswono has ordered relevant agencies under the ministry to monitor cases suspected to be bird flu.
Meanwhile, the local media reported that the health division of the Jakarta local authorities conducted an operation today to examine sick birds in eastern Jakarta besides enforcing the restriction on breeding of birds within 25 metres of residential areas.
In the operation, several birds bred in the restricted areas were culled
Friday, January 13, 2012
粉乳胶手套产能过剩 手套业者收益回弹料受限
分析员预见，2012年将是乳胶手套业者的“复苏年”，惟粉乳胶手套产能过剩，恐限制收益回弹幅度。
丁腈手套方面，由于业者开始拓展生产线，可能引领丁腈业务承受赚幅收窄的窘境。
马银行投资银行的报告指出，考量乳胶与丁腈手套业务走向后，决定维持领域“中和”投资评级。
分析员说，手套业者2010年适逢A（H1N1）型流感，导致粉乳胶手套产能过剩，进而影响了2011年的收益表现。
据了解，产能过剩问题需要1至3年时间才会被市场完全消化，所以，仍稍微影响粉乳胶手套业务今年赚幅。
目前粉乳胶手套生产线使用率约70%，而无粉乳胶手套及丁腈手套则接近极限。
“业者对增加丁腈手套生产线也持谨慎态度，毕竟这业务可能面临赚幅压缩情况。”
转向丁腈手套
分析员表示，目前丁腈手套价格高于无粉乳胶手套，市场的结构性需求已从乳胶手套转至被视为优质产品的丁腈手套。
目前乳胶与丁腈手套的市场比例为70:30，在丁腈手套逐渐夺走乳胶手套市场的情势下，预见两者在未来五年的需求与销售比例将到50:50的水平。
首选股贺特佳
鉴于较强稳的基本面，分析员看好贺特佳（Harta，5168，主板工业产品股），收益能力将高于顶级手套（TopGlov，7113，主板工业产品股）66%。
另外，分析员也建议买入高产尼品工业（Kossan，7153，主板工业产品股），尤其是开始提高在赚幅更高的丁腈手术手套专注力，前景备受看好。
对于顶级手套，分析员认为市场2012至2013财年16至38%的收益评估太高，估值有下调空间。
“顶级手套目前在22倍本益比上交易，高出16倍的历史水平，而且也高出领域12倍的水平非常多，因此给予‘卖出’投资评级。”
丁腈手套方面，由于业者开始拓展生产线，可能引领丁腈业务承受赚幅收窄的窘境。
马银行投资银行的报告指出，考量乳胶与丁腈手套业务走向后，决定维持领域“中和”投资评级。
分析员说，手套业者2010年适逢A（H1N1）型流感，导致粉乳胶手套产能过剩，进而影响了2011年的收益表现。
据了解，产能过剩问题需要1至3年时间才会被市场完全消化，所以，仍稍微影响粉乳胶手套业务今年赚幅。
目前粉乳胶手套生产线使用率约70%，而无粉乳胶手套及丁腈手套则接近极限。
“业者对增加丁腈手套生产线也持谨慎态度，毕竟这业务可能面临赚幅压缩情况。”
转向丁腈手套
分析员表示，目前丁腈手套价格高于无粉乳胶手套，市场的结构性需求已从乳胶手套转至被视为优质产品的丁腈手套。
目前乳胶与丁腈手套的市场比例为70:30，在丁腈手套逐渐夺走乳胶手套市场的情势下，预见两者在未来五年的需求与销售比例将到50:50的水平。
首选股贺特佳
鉴于较强稳的基本面，分析员看好贺特佳（Harta，5168，主板工业产品股），收益能力将高于顶级手套（TopGlov，7113，主板工业产品股）66%。
另外，分析员也建议买入高产尼品工业（Kossan，7153，主板工业产品股），尤其是开始提高在赚幅更高的丁腈手术手套专注力，前景备受看好。
对于顶级手套，分析员认为市场2012至2013财年16至38%的收益评估太高，估值有下调空间。
“顶级手套目前在22倍本益比上交易，高出16倍的历史水平，而且也高出领域12倍的水平非常多，因此给予‘卖出’投资评级。”
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