-->

Type something and hit enter

Pages

Singapore Investment


On



Hi guys,

I saw this stupid post by qqq3 in Jaks forum


qqq3 On Insas....Insas rubbish hunters think they find diamond....but most of the time, market is correct , rubbish hunters are wrong....just that u do not know u are wrong because u lack the skill set to analysis the thing properly.

Look at the revenue as a start.
12/01/2019 12:19

LOOK AT THE REVENUE OF INSAS?
IT IS NOT REVENUE
IT IS PROFIT GROWTH
ICAPBIZ HAS ONLY A REVENUE OF RM4 MILLIONS
BUT INSAS HAS 10X THE PROFIT OF ICAPBIZ AT RM40 MILIONS!

Let's Look at Their Performance
 
1) QL Resources

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018


 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
920,255
808,912
1,736,430
1,587,385
2 Profit/(loss) before tax
66,999
65,537
118,177
115,300
3 Profit/(loss) for the period
61,486
57,463
105,142
100,955
4 Profit/(loss) attributable to ordinary equity holders of the parent
60,517 (6.5% Profit)
54,663
104,379
96,695
5 Basic earnings/(loss) per share (Subunit)
3.73
3.37
6.43
5.96
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
3.7300
2.7000
 

2. Jaks

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
125,155
140,395
513,688
466,128
2 Profit/(loss) before tax
-11,901
11,213
4,908
9,612
3 Profit/(loss) for the period
-12,013
9,915
3,322
7,728
4 Profit/(loss) attributable to ordinary equity holders of the parent
-2,776{Loss 2.2%)
9,654
27,803
19,177
5 Basic earnings/(loss) per share (Subunit)
-0.52
2.09
5.25
4.16
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.4700
1.4200
 
Jaks will report losses for next 2 years according to Uncle Koon. True or not yet to be seen

3. SENDAI

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
432,206
449,321
1,213,254
1,311,159
2 Profit/(loss) before tax
16,371
19,706
53,222
64,166
3 Profit/(loss) for the period
16,848
18,874
52,397
59,271
4 Profit/(loss) attributable to ordinary equity holders of the parent
13,136( 3% Profit)
20,826
50,503
56,699
5 Basic earnings/(loss) per share (Subunit)
1.68
2.69
6.47
7.32
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
1.1900
1.1300

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
 
Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence


Sendai has Rm432 Millions Revenue and a Razor Thin Margin of 3%. Bulk of "profit" is under Receivables (Or IOU)


4. CARIMIN (Curry mee)

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
84,087
24,734
84,087
24,734
2 Profit/(loss) before tax
11,643
-72
11,643
-72
3 Profit/(loss) for the period
11,529
-183
11,529
-183
4 Profit/(loss) attributable to ordinary equity holders of the parent
11,716(13.9% Profit)
-277
11,716
-277
5 Basic earnings/(loss) per share (Subunit)
5.01
-0.12
5.01
-0.12
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
0.6207
0.5706

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
 
Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence



5 HIBISCUS

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
359,955
58,236
359,955
58,236
2 Profit/(loss) before tax
165,210
9,722
165,210
9,722
3 Profit/(loss) for the period
100,001
10,784
100,001
10,784
4 Profit/(loss) attributable to ordinary equity holders of the parent
100,001(27.7% profit)
10,784
100,001
10,784
5 Basic earnings/(loss) per share (Subunit)
6.30
0.73
6.30
0.73
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
0.7000
0.6300

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
 
Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence


For hibiscus its fortune depends on World Crude Oil Prices & Oil reserves & extraction volume

6. ICAPBIZ

UMMARY OF KEY FINANCIAL INFORMATION
31 Aug 2018

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Aug 2018
31 Aug 2017
31 Aug 2018
31 Aug 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
4,487
4,748
4,487
4,748
2 Profit/(loss) before tax
2,429
2,715
2,429
2,715
3 Profit/(loss) for the period
1,912
2,233
1,912
2,233
4 Profit/(loss) attributable to ordinary equity holders of the parent
1,912(42.6% Profit)
2,233
1,912
2,233
5 Basic earnings/(loss) per share (Subunit)
1.37
1.60
1.37
1.60
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
3.5600
3.5600
 

ICAPBIZ has Investments in Other Companies. So its Revenue & Profit should not be the yardstick for calculation
Its Revenue only showed Rm4.4 Millions. Its Growth lies in its Intrinsic Value Growth of

NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

ICAPITAL.BIZ BERHAD

Type Announcement
Subject NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE
Description
On behalf of the Board of Directors of icapital.biz Berhad, we wish to announce that the Net Asset Value per share of icapital.biz Berhad as at 9 January 2019 was 3.22.

Its Net Asset Value is Rm3.22
Current market price is Rm2.46
So market has discounted ICapbiz by 76 sen or 23%. While QL is grossly overvalued.



7. INSAS

SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2018

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2018
30 Sep 2017
30 Sep 2018
30 Sep 2017
$$'000
$$'000
$$'000
$$'000
1 Revenue
40,688
92,738
40,688
92,738
2 Profit/(loss) before tax
28,790
41,828
28,790
41,828
3 Profit/(loss) for the period
26,644
39,396
26,644
39,396
4 Profit/(loss) attributable to ordinary equity holders of the parent
26,632(65% Profit)
39,475
26,632
39,475
5 Basic earnings/(loss) per share (Subunit)
4.02
5.95
4.02
5.95
6 Proposed/Declared dividend per share (Subunit)
2.00
1.00
2.00
1.00
   
AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7 Net assets per share attributable to ordinary equity holders of the parent ($$)
2.5400
2.4900

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
 
Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence


INSAS Has 65% Profit!
Like ICapbiz INSAS also invest in Other Companies Like Inari, Ho Hup, DGSB, Omesti & others
It has an NAV of Rm2.54

Mr. Market has grossly underpriced INSAS at 70.5 sen or 73% Discount

If Walter Schloss and Ben Graham are alive INSAS will surely be part of their long term portfolio


Best Regards

Calvin Tan Research
Singapore

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/189888.jsp
Back to Top