Low Keng Huat (Singapore)

Consider average down?

(13-06-2013, 04:48 PM)mobo Wrote:

(13-06-2013, 03:31 PM)TheMillennium Wrote: Why is this fundamentally strong company being sold at such cheap prices?
A week ago it was at a high of 78cents! Even taking into consideration XD (4.5c)

I am the hero who bought at 77.5-78 cents

No worries buddy, I agree with your assessment - at least 10 cents over the next 2 years. After the peak, if they can't find projects to recycle, they sure have the experience of former parent General Corp. More importantly, the under valuation of LKH is not a result of creative financial engineering but years of astute hard work and good execution.

Vested
GG

(13-06-2013, 04:42 PM)Jacmar Wrote: For LKH the "kateks" are active in this counter. I know because they borrowed my shares to short. If it drops much further I am going in to pick some. Lets put a short squeeze on them. For LKH we can look forward to 5c for FY13/14 and their earning will only peak in FY14/15 according to the CEO. So we can look forward to at least 10c in total for next 2 years as their projects are essentially all sold.

pls do your own research.

(13-06-2013, 06:59 PM)greengiraffe Wrote: No worries buddy, I agree with your assessment - at least 10 cents over the next 2 years. After the peak, if they can't find projects to recycle, they sure have the experience of former parent General Corp. More importantly, the under valuation of LKH is not a result of creative financial engineering but years of astute hard work and good execution.

Vested
GG

(13-06-2013, 04:42 PM)Jacmar Wrote: For LKH the "kateks" are active in this counter. I know because they borrowed my shares to short. If it drops much further I am going in to pick some. Lets put a short squeeze on them. For LKH we can look forward to 5c for FY13/14 and their earning will only peak in FY14/15 according to the CEO. So we can look forward to at least 10c in total for next 2 years as their projects are essentially all sold.

pls do your own research.

Er, greenmate,

Dun mind can elaborate what u mean by experience of former general corp?

(13-06-2013, 08:43 PM)Greenrookie Wrote:

(13-06-2013, 06:59 PM)greengiraffe Wrote: No worries buddy, I agree with your assessment - at least 10 cents over the next 2 years. After the peak, if they can't find projects to recycle, they sure have the experience of former parent General Corp. More importantly, the under valuation of LKH is not a result of creative financial engineering but years of astute hard work and good execution.

Vested
GG

(13-06-2013, 04:42 PM)Jacmar Wrote: For LKH the "kateks" are active in this counter. I know because they borrowed my shares to short. If it drops much further I am going in to pick some. Lets put a short squeeze on them. For LKH we can look forward to 5c for FY13/14 and their earning will only peak in FY14/15 according to the CEO. So we can look forward to at least 10c in total for next 2 years as their projects are essentially all sold.

pls do your own research.

Er, greenmate,

Dun mind can elaborate what u mean by experience of former general corp?

Go check out the fate of General Corp, LKH's former parent...

GG

Here is the fate of General Corp.

The parties agree that the Cash Payment shall be adjusted so that each shareholder of
GCB (other than CRSB, family members of Tan Sri Dato’ Low and Dato’ Marco Low as
identified in writing before Completion (“Relevant Family Members”) and the persons
acting in concert with them as identified in writing before Completion (“PAC”)) shall
receive the sum of RM1.70 cash per ordinary share of RM1.00 each in GCB ("GCB
Share") under the Proposed Winding-Up (as defined herein).

the premium of 7.83% over RM1.5766, being the five (5)-day volume weighted average
market price of shares of GCB up to and including 27 April 2010, being the last market
day before the Offer was made;

http://announcements.bursamalaysia.com/e...8003D1AA7/$File/Announcement.pdf

So boring and predictable:

http://info.sgx.com/webcoranncatth.nsf/V...9002A6838/$file/20130613_LKHS_FinancialResults_1Q_FYE2014_Att.pdf?openelement

Was reading the AR. What was not being captured in the financials are equally exciting as what was on it

(13-06-2013, 11:43 PM)greengiraffe Wrote: So boring and predictable:

http://info.sgx.com/webcoranncatth.nsf/V...9002A6838/$file/20130613_LKHS_FinancialResults_1Q_FYE2014_Att.pdf?openelement

I trade excitement for predictability anytime. (Vested )

Hi Guru and GG,

One said AR exciting, the other said boring and predictable.....what is so exciting and boring? Care to share?

My take:

The excitement lies in the latent financial strength that is coming through in the next few years while the boredom lies in the predictability of locked in cashflow that is forthcoming and the conservatism of the experienced blokes running the show.

GG

(16-06-2013, 11:28 PM)BeDisciplined Wrote: Hi Guru and GG,

One said AR exciting, the other said boring and predictable.....what is so exciting and boring? Care to share?