I am pleased to advise that we have just added the following companies in our Bursa Malaysia company database: DRB-Hicom Berhad – Conglomerate with operations in automotice assembly/distribution, property and infrastructure development LPI Capital Berhad – Leading general insurance group in Malaysia and a subsidiary of Public Bank Berhad IJM Plantations Berhad – Niche oil [...]
In an earlier article on Free Cash Flow, I touched on some adjustments we need to make on a company’s profits to arrive at the Free Cash Flow figure. I’ve always found the standard Cash Flow Statement hard to read especially for big companies. They pack it with so much detail and it’s hardly presented from [...]
In my previous post on the Baltic Dry Index, I made a mention of Malaysian Bulk Carriers Berhad or MAYBULK. I first bought into this company in June 2006 when the share price was hovering at RM2.00 – 2.10 (pre-bonus basis). Adjusted for bonus issue, I believe it works out to be less than RM1.70 [...]
For those of you who follow MAYBULK (Malaysian Bulk Carriers Bhd), you will know that its earnings are highly dependant on something called the Baltic Dry Index. The Baltic Dry Index is a price index compiled by the Baltic Exchange in London. Each working day, the Baltic Exchange canvasses hundreds of brokers around the world [...]
For any investor on Bursa Malaysia now, this must be the million dollar question: Has the market bottomed out? I’ve just read a pretty good report by CIMB Research. Can’t say that I agree with everything they said but there are some good observations. The report looks at the six major bear markets that Malaysia experienced in [...]
