Jaya Tiasa has undergone a significant transformation since its inception as a timber company in the 1980s. The diversification into oil palm has shifted the Group's primary revenue source.
But without this shift, the company would be in trouble today. Currently, the oil palm operation is the main profit driver. The timber segment faces declining production volumes due to policy shifts toward sustainable practices. The Group's reli...
But without this shift, the company would be in trouble today. Currently, the oil palm operation is the main profit driver. The timber segment faces declining production volumes due to policy shifts toward sustainable practices. The Group's reli...
5
TDM has 2 business segments – Plantation and Healthcare. In 2007, TDM expanded its plantation business to Kalimantan Barat, Indonesia and touted “…that the growth of the plantation operations will be in Kalimantan.”
By 2016, the Group’s Indonesian assets amounted to RM 532 million. But then things began to go wrong with the company having to incurr impairments from 2016. It got so bad that the Group decided to sell of the Indonesia assets in 2019. By this time,...
By 2016, the Group’s Indonesian assets amounted to RM 532 million. But then things began to go wrong with the company having to incurr impairments from 2016. It got so bad that the Group decided to sell of the Indonesia assets in 2019. By this time,...
1
Although it is a diversified group, I would consider Hap Seng predominantly a property company as about 70% of its net assets were deployed for the property segment.
The past decade has been tough for Hap Seng. For many years, it had to rely on sales of land and/or other assets to maintain the contribution from the property segment. Despite this its ROE had declined from an average of 19% in 2014/15 to an average of 11% in 2022/23.
I would ...
The past decade has been tough for Hap Seng. For many years, it had to rely on sales of land and/or other assets to maintain the contribution from the property segment. Despite this its ROE had declined from an average of 19% in 2014/15 to an average of 11% in 2022/23.
I would ...
If you are a fundamental investor, your goal is to find a good company trading at a discount to its business value. The challenge is having the expertise and time to do the detailed analysis to find such stocks.
This is where the Fundamental Mapper comes in. This is an app design for the layman investor to give him a picture of the relative fundamental performance of a company as well as its investment risk. The position of a stock r...
This is where the Fundamental Mapper comes in. This is an app design for the layman investor to give him a picture of the relative fundamental performance of a company as well as its investment risk. The position of a stock r...
If you are a tech company, being winners for many years may not be enough to have a sustainable future. Just think of Nokia, Yahoo and Blackberry and you can understand what I mean.
In the Bursa Malaysia context, we are seeing this playing out for Globetronics. The company was founded in the 1990s and for the first 2 decades, it was considered a fundamentally sound stock with good returns. Unfortunately the company experienced declin...
In the Bursa Malaysia context, we are seeing this playing out for Globetronics. The company was founded in the 1990s and for the first 2 decades, it was considered a fundamentally sound stock with good returns. Unfortunately the company experienced declin...
22
The performance of Bursa banking group Affin over the past 12 year was nothing to shout about. Its performance, measured against a panel of 10 Bursa Malaysia banks, is below the sector median across key metrics such as returns, efficiency, and loan performance. However, it has improved its capital adequacy ratio.
But I would not consider Affin a value trap as it remains profitable with a margin of safety over 30% based on the asset value. ...
But I would not consider Affin a value trap as it remains profitable with a margin of safety over 30% based on the asset value. ...
2
Are you tired of drowning in data and struggling to find the insights that truly matter? You're not alone! But what if there was a way to cut through the noise and discover hidden opportunities in the market?
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This revolutionary app that I developed with Xifu, a social investing platform, will transform how you evaluate Bursa companies. The app maps companies within a sector on a matrix that reveals their fundamental performance a...
Introducing Fundamental Mapper!
This revolutionary app that I developed with Xifu, a social investing platform, will transform how you evaluate Bursa companies. The app maps companies within a sector on a matrix that reveals their fundamental performance a...
Bursa FACB Industries started off as a mattress company. In the early 90s it ventured into China as well the into the stainless steel pipes and fittings sector. Thereafter there was a change in the controlling shareholder. But there was no new business ventures and the group continue with the bedding and steel operations for many years
About a decade ago, the group started to divest its steel business so that today it is left with the bedding operat...
About a decade ago, the group started to divest its steel business so that today it is left with the bedding operat...
2
Bursa MNRB is a leading provider of reinsurance and retakaful as well as takaful. You would have thought that with a captive reinsurnance market and being a poineer in the takaful sector, it would be a roaring success.
While MNRB had been able to grow its revenue at 5.2% over the past decade, PAT only grew at about half the rate. When I compared MNRB's performance with those of the other Bursa insurance companies, I found that it is at best just below the panel ...
While MNRB had been able to grow its revenue at 5.2% over the past decade, PAT only grew at about half the rate. When I compared MNRB's performance with those of the other Bursa insurance companies, I found that it is at best just below the panel ...
18
You would have thought that with the growth of online business, the fortunes of distribution companies like Bursa Malaysia Harrisons would be distrupted. But over the past decade, Harrisons revenue grew at 5% CAGR with its profits growth at 8% CAGR.
Harrisons main distribution business is in Sabah and Sarawak. I suspect that because these states are less developed, the last mile service critical to online business is not so well developed. ...
Harrisons main distribution business is in Sabah and Sarawak. I suspect that because these states are less developed, the last mile service critical to online business is not so well developed. ...
4
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