Alert share


MLM business, low PE compare to Amway. Stable growth especially in Indochina.

Dividend policy at 60% of profit, which is currently 0.03 every quarter. Net cash of over RM120M.
05 Jan 2012, 02:13 PM
Q411 result release likely before CNY. Hopefully Thailand flood did not affect its distributorship in Indochina.
10 Jan 2012, 07:45 PM

Nice gain for today. Perhaps it will post a good report card? thumbup
10 Jan 2012, 08:01 PM
股息料可达13.9仙 速远集团获买入评级

Thursday, 12 January 2012 09:26 .







14 Jan 2012, 11:57 PM
hmm, 13.9 cents for the year. that means a 5 cents for FY11Q4 or 2.6% at current price.


15 Jan 2012, 09:15 AM
yup, i think its a good share to keep, and some info said that this "leng yan" actually keeps a lot if u know him...

but personally i dun really like MLM co...
juz my thought...:>
16 Jan 2012, 08:35 AM

Do you mean 冷眼, i think most of the malaysia's investors know him.
16 Jan 2012, 09:47 AM
I am a noob. Who is cold eye? shy
16 Jan 2012, 07:10 PM

Hi Gen Hwang,

冷眼 is one of the most successful investor in malaysia. He is the author of 冷眼投资正道. You can read more about his investment's method from the link below:
16 Jan 2012, 07:30 PM
华文 huh... doh

My 华文没那么 high standard. Might need Google Translate...

Thanks ILoveDividend.
16 Jan 2012, 07:54 PM

mmm..Cannot help you on this. smile
I am not too sure if there is any english version for his book. But he is a great investor and he shared all his knowledge to us and it is definetely a good book to have. If not mistaken, the first version of the book is sold out when he published his first book 10 years ago.
16 Jan 2012, 08:01 PM
Congra Gen Hwang,

Good report card...Haha smile
19 Jan 2012, 05:29 PM
EPS increased by 18% Q on Q. Not bad indeed. Though no surprise on the DPS. Need to read their quarter report first.

Personally i think the share price movement recently has already factored in the EPS increase.
19 Jan 2012, 07:22 PM
as expected, strengthening of USD helps.

"The revenue for the current quarter under review of RM86.837 million was lower than the immediate preceding quarter’s revenue of RM91.795 million. This was mainly due to a drop in the local market demand. However, the current quarter’s profit before tax of RM34.950 million was higher as compared to the immediate preceding quarter’s profit before tax of RM29.768 million. This was mainly contributed by increase in share of profit of equity accounted investee as well as the strengthening of USD against Ringgit Malaysia as compared to third quarter."

full year EPS 20.72 cents.
DPS maintained at 12 cents.
payout ratio at 58%, less than 60% expected.
cash at rm127m, or 28 cents per share.
19 Jan 2012, 09:52 PM

Hi Gen Hwang,

Thanks for your sharing. My only concern on ZHULIAN is the business growing? Do you foresee its business growing in the future? Based on its pass few year result, its revenue does not grow much.

Do you know if they have any expansion planning in the future? notworthy
19 Jan 2012, 10:06 PM
what i can understand for their quarter reports so far is that Malaysian market is saturated. they rely more on Thailand and Cambodia's growth. have to wait for their annual reports for more details i guess.

but then, even without growth, they can sustain the EPS and DPS. that alone is good enough for a lazy person like me who hates TA. lol
19 Jan 2012, 10:19 PM

Haha..Well said. thumbup
It is a good counter for long term and good dividend yield, even 冷眼 also invested in this counter.
Hope it can fly tomorrow.
19 Jan 2012, 10:26 PM
Guys, guess that we can keep some after all...
20 Jan 2012, 08:20 AM
Moving up slowly...Good one.thumbup
20 Jan 2012, 11:57 AM
Huat ah! yeah
25 Jan 2012, 10:05 AM

Overview Market Search portfolio More
Overview Market Search Portfolio More
Shariah SettingShariah: Off
Screen ArrangementScreen Arrangement
Recently Viewed