A long marubozu for Excelpoint’s weekly chart!

Refer to my post of 13 Feb 2018:

http://superphang.blogspot.sg/2018/02/excelpoint-eagely-waiting-for-its.html

and my post of 14 Feb 2018:

https://superphang.blogspot.sg/2018/02/excelpoints-stellar-fy2017-performance.html

Yes, 70 cents now! Up 9.375% since my 13 Feb 2018's recommendation.

Excelpoint's weekly chart with 50w moving average

A long marubozu with sizable volume in the weekly chart after my comments. Anyone huat together with me and get a big angbao for this prosperous CNY?

Superphang

https://superphang.blogspot.sg

Excelpoint's Stellar FY2017 performance

Refer to my earlier post of 13 Feb 2018 on my estimation of the good FY2017 result for Excelpoint and the recommended timing of entry:
https://superphang.blogspot.sg/2018/02/excelpoint-eagely-waiting-for-its.html
Yes, it went up 3.5 cents, up 5.47% and  closed at 67.5 cents. 

Excelpoint just released its stellar FY2017 result on 14 Feb 2018. The highlights were:

• Strong operating performance for FY2017 with record revenue (up 16% yoy)
• Improved balance sheet with increased shareholder equity
• Strategic focus on segments related to the Internet of Things (“IoT”) to explore new growth areas
• Net profit increased 14.8% yoy
• Better dividend declared: A total of 4.5 cents (ordinary + special), 0.5 cents more than the preceding year. The dividend yield based on the closing price on 14 Feb 2018 is 4.5/67.5 = 6.67%. 

The management is confident in its business growth

"The outlook for the electronics and semiconductor industry continues to be positive in 2018. We continue to see business opportunities arising in the markets we serve. Increasingly, technology applications require more electronic components than before, and this is one of our key growth drivers. The recent Consumer Electronics Show held in Las Vegas in January 2018 showcased many new and exciting developments, which will fuel additional demand for technology solutions and applications especially in wireless connectivity and sensors, which are vital segments to the entire Internet of Things (“IoT”) infrastructure. We believe that these developments will support our business growth for FY2018."

Solid p/e and PEG ratio

Based on the closing price of 67.5 cents on 14 Feb 2018: 

p/e is 7.455x.  

PEG ratio is 0.504.

This is easily a 2-bagger.

Conclusion
I will get the 6.67% dividend first while patiently waiting for Mr Market to adjust its price upward to come closer to its fair value of $1.35. 

Superphang

https://superphang.blogspot.sg

Emperor Capital boss bought again and again!

Yes, CEO/Managing Director of Emperor Capital (717.HK) Daisy Yeung and her father Albert Yeung together acted again. This time they bought a total of 6.996 million Emperor Capital shares on 12 Feb 2018 at an average price of HK$0.571 for a total outlay of HK$3.995 million or an equivalent of S$665.8k.

They have given me confidence that my target price of HK$1.00 will be met soon. I wish them 恭喜发财！

Superphang

https://superphang.blogspot.sg

Emperor Capital's boss strikes again!

Very good news from Emperor Capital for this coming CNY!

Refer to my earlier post dated 18 Oct 2017 on Emperor Capital (717.HK) :

https://superphang.blogspot.sg/2017/10/get-good-dividend-while-waiting-for.html

CEO/Managing Director of Emperor Capital (717.HK) Daisy Yeung and her father Albert Yeung together bought a total of 9.996 million Emperor Capital shares on 8 and 9 Feb 2018 at an average price of HK$0.5779 for a total outlay of HK$5.77688 million or an equivalent of S$980k. This is the signal that better thing will come.

Emperor Capital will only announce the result on 23 May 2018. From past patterns, it could be only the start for them to keep buying their company shares from the open market. 

The daily chart has already two white soldiers. The third one will be marching in! 恭喜发财！

Superphang
https://superphang.blogspot.sg

Excelpoint: Eagely waiting for its earnings announcement

The current situation of Excelpoint presents a confluence of positive factors for investors and traders alike:

1)      Good fundamentals with solid p/e and expected good growth amid the strong China 2017 GDP

2)      Tight stop loss due to the tight-range consolidation

3)      Likely a great jump after breaking out 

4)      Price touching the uptrend 50w MA

5)      Earnings announcement likely to be released within the next two days

6)      盘整了一年有余！横有多长，竖就可以有多高

Excelpoint weekly chart: Solid chart for the long haul!

Superphang
https://superphang.blogspot.sg

Lee & Man Paper, 理文造纸 (2314.HK)

Many positive factors have prompted me to buy this stock and also recommend it here: 

1.    Expected FY2017 EPS growth year-on-year is 75%. Expected p/e is 8.2x, PEG ratio = 0.109. Simply stupendous.

2.    Boss bought in last 3 months shares with a total value equivalent to more than Singapore $2m.

3.    Company also bought back shares with a total value equivalent to Singapore $6.6m in recent months and the treasury shares have been deleted from the outstanding shares.

4.    Company is expanding its paper-making production capacity by 15% and tissue paper production capacity by 70% to catch the big wave of demand in China.   

5.    The threshold of going into quality tissue paper is very high and it gives economy moat to 2314.HK.

6.    Selling price of paper has been ratcheting up too. Stock price has been consolidating for a good period of 4 months and is ready to rocket up to retest previous high of $10.90.

7.    FA and TA are both bullish. Too many good factors not to give 2314 a serious look.

8.    The HSI was down on 5 Feb 18 by 0.88% but 2314.HK bucked the trend to move up by 2.62%. You just have to give due respect to its prowess.

Conclusion: My target price for Lee & Man Paper (2314.HK) is $13.1, which gives 39% upside from the 5 Feb 2018's closing price of $9.40. This will likely be achieved by June 2018.

Superphang
https://superphang.blogspot.sg

The Inexorable AEM

Read my 28 Dec 2017 post on my accurate prediction of AEM price movement: http://superphang.blogspot.sg/2017/12/when-will-aem-hit-my-current-target.html

I mentioned in the post that AEM investors will get an Angpao two weeks before Chinese New Year and it is happening. It closed on 1 Feb 2018 at $5.50, surging 10.66% after the company lifted its one-day trading halt with some announcements. 

The climb was so steep that huge profit taking will bound to happen. The transacted volume was high, and it will need to have an even greater volume to sustain the momentum of uptrend or the latest price gap will have to be covered soon.  

AEM daily chart at the close of 1 Feb 2018

As my current position in AEM, bought at $2.80 apiece, has been from house money, I am relatively at ease to make my decision to hold AEM till it hits my new target price of $6.35, corresponding to a forward p/e of 12x, unless the chart can warn me of imminent danger ahead.

Superphang

https://superphang.blogspot.sg