There is a question that when, where, what and how we can achieve financial freedom in most of our mind. This article that has published in SinChew is a good one to be shared with you all. It does mention about what should we do across different stages of life. Are you doing what you should do in the stage of your life towards the Financial Freedom?
Quick Summary of "Easily Earn 50 Million":
Know WHAT is investment before age of 16.
Know HOW to use Technical Analysis (TA) tool to help in stock investment before age of 18.
Know HOW to use Fundamental Analysis approach to overcome the weakness TA before age of 28.
Know HOW to use Value Investing Approach to understand the effect of economy and policy changes across the time before age of 38.
Know HOW to overcome the market psychology before age of 48.
Know HOW to leverage the fund with respect to the risk accessment before age of 58.
Sunday, October 28, 2007
Saturday, October 27, 2007
Stock Analysis: Re-visit ALTR after Q3 '07 Earning Announcement
Due to Altera missed the Q3 '07 earning target, it's share dropped close to 20% in less than 3 days from $23.25 to $18.81 as the closing price on 10/26.
Hence, we re-visited Altera stock target price based on PE ratio analysis with respect to the company Q4 outlook. The Q4 revenue is forecast to drop 4% sequentially (worst case). The EPS is estimated based on Net Profit Margin (NPM) of 21.8%. Thus, the revised target price is projected as $24.81, which is the center point of Avg PE (37.28) and Min PE (22.36) with the estimated yearly 2007 EPS of $0.83.
Here is the Deal:
This stock currently is traded at $18.81 as for 10/26. This trading price of $18.81 give a 25% of discount per the target price of $24.81. Thus, we recommend to BUY this stock at current trading price.
The Altera stock analysis spreadsheet can be obtained by clicking here.
Click here for reviewing previous Altera stock analysis on May 01, 2007.
Hence, we re-visited Altera stock target price based on PE ratio analysis with respect to the company Q4 outlook. The Q4 revenue is forecast to drop 4% sequentially (worst case). The EPS is estimated based on Net Profit Margin (NPM) of 21.8%. Thus, the revised target price is projected as $24.81, which is the center point of Avg PE (37.28) and Min PE (22.36) with the estimated yearly 2007 EPS of $0.83.
Here is the Deal:
This stock currently is traded at $18.81 as for 10/26. This trading price of $18.81 give a 25% of discount per the target price of $24.81. Thus, we recommend to BUY this stock at current trading price.
The Altera stock analysis spreadsheet can be obtained by clicking here.
Click here for reviewing previous Altera stock analysis on May 01, 2007.
Tuesday, October 23, 2007
Black Monday - 1987
On Oct 19, 2007, the Dow Jones dropped more than 350 point in single day. This phenomena was about similar to Black Monday of 1987. This may be a right time to enter the market as shown in table below?
This chart is captured to indicate Black Monday - 1987:
Notice the sharp fall drop, which happened on Oct 19, 1987. Dow Jones felt 508 points to 1739 (22.6%). Thenafter, it took about 2 years to recovered back to 2,500 points. For more info, please click here.
This chart is captured to indicate Black Monday - 1987:
Notice the sharp fall drop, which happened on Oct 19, 1987. Dow Jones felt 508 points to 1739 (22.6%). Thenafter, it took about 2 years to recovered back to 2,500 points. For more info, please click here.
Thursday, October 18, 2007
Monday, October 15, 2007
Stock Analysis: GENTING (3182)
This is the background picked from the genting website:
"Genting Berhad is the investment holding and management company of Genting Group. Genting Group was founded by Tan Sri Lim Goh Tong in 1965 when he began the initial development works of building a 20-kilometre private access road, across tough mountainous terrains from the foothills to the summit of Mount Ulu Kali, located at 2,000 metres above sea level.
Genting Group via Genting Berhad became involved in palm oil production in 1980 with the acquisition of The Rubber Trust Group, comprising three Hong Kong plantation companies, which owns approximately 13,660 hectares of plantation land in Peninsular Malaysia.
Genting Group via Genting Berhad became involved in the electricity power generation and supply and the paper manufacturing businesses in 1994, with the acquisition of Genting International Paper Holdings Limited and in the exploration and production of oil and gas in 1996 under Genting Oil & Gas Limited. In July 2007, the Group divested its paper and packaging business to focus on its core businesses.
Genting Berhad is one of the largest listed companies in Malaysia with a market capitalisation of about RM27.54 billion (US$7.9 billion), as at 22 August 2007, The authorised share capital of Genting Berhad was RM800 million (comprising 8 billion shares of RM0.10 each) and the issued and paid-up share capital of Genting Berhad was RM369.7 million (comprising 3.7 billion shares of RM0.10 each) as at 22 August 2007.
"
From the business tenet, this business group has a consistent operating history from 1965 til present. The competative advantage of Genting is owning the solely Casino License in Malaysia. Having the average of 20% Net profit margin and 18% of annual revenue growth from 2002 to 2006.
Here is the PE analysis result:
Assume that year 2007 revenue is estimated to be 8.2 bil based on the 18% of annual revenue growth. Using the average NPM of 20%, it yield a net profit of 1.763 bil or translate to EPS of RM0.476 (with the outstanding share of 3.7 bil unit of share). Again PE analysis is using the historical data of 6 years PE track record, which is from 2002 to 2007.
The target price is projected as RM6.78, which is the center point Avg PE (15.54) and Min PE (12.94) with the EPS of RM0.476.
Here is the Deal:
This stock currently traded at RM8.05 does not reflect a good deal to buy in, which the stock is at non-discounted price. In my opinion, whenever the stock price is trading at the Avg PE price, it is worth to monitor and can consider to buy into your portfolio.
The Genting stock analysis spreadsheet can be obtained by click here
"Genting Berhad is the investment holding and management company of Genting Group. Genting Group was founded by Tan Sri Lim Goh Tong in 1965 when he began the initial development works of building a 20-kilometre private access road, across tough mountainous terrains from the foothills to the summit of Mount Ulu Kali, located at 2,000 metres above sea level.
Genting Group via Genting Berhad became involved in palm oil production in 1980 with the acquisition of The Rubber Trust Group, comprising three Hong Kong plantation companies, which owns approximately 13,660 hectares of plantation land in Peninsular Malaysia.
Genting Group via Genting Berhad became involved in the electricity power generation and supply and the paper manufacturing businesses in 1994, with the acquisition of Genting International Paper Holdings Limited and in the exploration and production of oil and gas in 1996 under Genting Oil & Gas Limited. In July 2007, the Group divested its paper and packaging business to focus on its core businesses.
Genting Berhad is one of the largest listed companies in Malaysia with a market capitalisation of about RM27.54 billion (US$7.9 billion), as at 22 August 2007, The authorised share capital of Genting Berhad was RM800 million (comprising 8 billion shares of RM0.10 each) and the issued and paid-up share capital of Genting Berhad was RM369.7 million (comprising 3.7 billion shares of RM0.10 each) as at 22 August 2007.
"
From the business tenet, this business group has a consistent operating history from 1965 til present. The competative advantage of Genting is owning the solely Casino License in Malaysia. Having the average of 20% Net profit margin and 18% of annual revenue growth from 2002 to 2006.
Here is the PE analysis result:
Assume that year 2007 revenue is estimated to be 8.2 bil based on the 18% of annual revenue growth. Using the average NPM of 20%, it yield a net profit of 1.763 bil or translate to EPS of RM0.476 (with the outstanding share of 3.7 bil unit of share). Again PE analysis is using the historical data of 6 years PE track record, which is from 2002 to 2007.
The target price is projected as RM6.78, which is the center point Avg PE (15.54) and Min PE (12.94) with the EPS of RM0.476.
Here is the Deal:
This stock currently traded at RM8.05 does not reflect a good deal to buy in, which the stock is at non-discounted price. In my opinion, whenever the stock price is trading at the Avg PE price, it is worth to monitor and can consider to buy into your portfolio.
The Genting stock analysis spreadsheet can be obtained by click here
Sunday, October 7, 2007
Stock Analysis: AAPL
As the iPhone, new series of iPod, iMac and iWork were launched throughout these few months, Apple has a strong product portfolio lines from hardware to sofware. Thus, this attracted the OKII fund founder to analyze on this famous company which is lead by Steve Jobs.
Sometime, a good company may not trade at great fair value price to buy in. Thus, a fundamental of analysis has been carried out to find the fair value of Apple on Oct 5, 07.
Here is the PE analysis result:
Assume that Q4 of 07 is up 7% from previous quater, where the revenue is 5.82 bil and EPS is $1.17. This will yield the 2007 year's revenue and EPS of 23.6 bil and $4.17 respectively. Again, the PE analysis is using the historical data of 6 years PE rack record, which is from 2002 to 2007.
The target price is projected as $106.39, which is the center point Avg PE (39.24) and Min PE (11.79) with EPS of $4.17.
Here is the Deal:
So, for Avg PE's result, there is only 1.4% of safety margin with respect to current trading price on 10/07/07, which is $163.63 divided by $161.45. Thus, this great company stock price is trading at ~60% of targeted price and this is not the right time to buy in ($161.45/$106.39).
Click here to get the analysis detail.
Sometime, a good company may not trade at great fair value price to buy in. Thus, a fundamental of analysis has been carried out to find the fair value of Apple on Oct 5, 07.
Here is the PE analysis result:
Assume that Q4 of 07 is up 7% from previous quater, where the revenue is 5.82 bil and EPS is $1.17. This will yield the 2007 year's revenue and EPS of 23.6 bil and $4.17 respectively. Again, the PE analysis is using the historical data of 6 years PE rack record, which is from 2002 to 2007.
The target price is projected as $106.39, which is the center point Avg PE (39.24) and Min PE (11.79) with EPS of $4.17.
Here is the Deal:
So, for Avg PE's result, there is only 1.4% of safety margin with respect to current trading price on 10/07/07, which is $163.63 divided by $161.45. Thus, this great company stock price is trading at ~60% of targeted price and this is not the right time to buy in ($161.45/$106.39).
Click here to get the analysis detail.
Saturday, October 6, 2007
Apartment for Sale: Sunshine Garden at Sungai Ara, Penang
There is a unit of Sunshine Garden Apartment for sale. Unit is at 7 floor. Unit area is around 800 square feet with 3 rooms and 2 bathroom. Please contact the owner, Ms Tan at this number 012-4239321 if you have interest in this deal.
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