LBS BINA GROUP BERHAD (5789) – Multiple Proposals – a mini homework

Referring to LBS BINA GROUP BERHAD (5789) latest announcement, hereby I share my humble homework and insight regarding the disposals matter.
 

Amount of Sales/Disposals

First, total sale consideration is HKD 1,650 million, or around RM657.69million with exchange rate of 1 HKD: 0.3986 RM. Thus, the total sales value of the two assets (that are, Land Plots and Lakewood) is around RM1088million.

Since the wholly-owned subsidiary of LBS (LBS <-100% Intellplace holdings limited <-100% Dragon Hill corporation limited) Dragon Hill’s wholly-owned subsidiary (i.e. Lamdeal Development and Lamdeal Golf ) has 60% of the aforementioned disposal, the estimated revenue for LBS is around RM653million (i.e. RM1088million times 60%).

HeveaBoard Berhad (Hevea, 5095) : Buy, Hold or Sell?

After holding Hevea more than one year and sharing three parts my homework with my visitors last year (that entitled Introduction and Background Study, The Potential of China Market and its Operation Segments, and 2011 Performance Review) in my humble personal blog, my patience gets paid, finally. Maybe it is due to the so-called Cold Eyes' effect since Cold Eyes senior mentioned Hevea on last Friday. No matter what the reason is, the most important question I need to answer now is what is the target price that should I sell my Hevea shares in open market.

 

 

It is really a crucial question that bother me, especially, when my invested company is appreciated. So far, I am still cannot figure out the best way to optimise all the profit. Nonetheless, after I figure the difference between Positive and Negative Value Investing Strategy and the Seven Habits of Highly Unsuccessful Investors in Stock Market, I have a very simple idea, that are, (1) bear in mind which value investing strategy that I applied now, and (2) if I can avoid those 7 bad habits, then I should achieve the so-called optimal profit.
 

How to Complete Malaysia Income Tax Registration via Internet: Request Tax Reference and PIN e-filling No.

Finally, I have my done my Income Tax filling through internet in my room. It is really very convenient to avoid traffic and long queue. Thus, hereby, I would like to record and share my experience that may help you to fill you income tax in your house.
 

1. Request Tax reference No.

Firstly, for first times user, go to e-Daftar (url: http://edaftar.hasil.gov.my/) to get your Tax reference number of tax. It takes around 3 days. Please make sure the email address is permanent because it will be used to request Pin No as well.

Positive Vs Negative investors

In this post, you will see that positive investors tend to be positive no matter the condition is, compared to negative investors. Note: We must always make decision based on a sufficient homeworks, instead of some rule of thumb. In story below is based on the assumption that the company involved is a good company.

 

After buying some shares of a good company with undervalued price:
 

When the price does not move for months.

Positive investors: It is a very good investment. The price is very STABLE.

Negative investors: What the hell! Sleeping company...*&#^$#^$