Company listed in BURSA with ROE > 20%
|
Code
|
Name
|
ROE%
|
ROTA%
|
ROR%
|
Close Price
|
F.Y.
|
|
|
1
|
6947
|
DIGI
|
258.08
|
45.46
|
25.34
|
5.400
|
31/12/2013
|
|
2
|
4162
|
BAT
|
161.99
|
60.06
|
18.23
|
62.440
|
31/12/2013
|
|
3
|
7170
|
LFECORP
|
120.87
|
11.60
|
18.52
|
0.155
|
31/7/2013
|
|
4
|
7191
|
ADVENTA
|
113.06
|
83.75
|
300.94
|
1.110
|
31/10/2013
|
|
5
|
6399
|
ASTRO
|
81.67
|
6.41
|
9.80
|
3.500
|
31/1/2013
|
|
6
|
3026
|
DLADY
|
73.55
|
33.20
|
14.07
|
47.260
|
31/12/2013
|
|
7
|
4707
|
NESTLE
|
68.80
|
26.89
|
11.73
|
68.100
|
31/12/2013
|
|
8
|
1562
|
BJTOTO
|
68.59
|
25.35
|
10.78
|
3.860
|
30/4/2013
|
|
9
|
2836
|
CARLSBG
|
67.19
|
30.81
|
11.83
|
12.180
|
31/12/2013
|
|
10
|
81
|
IDEAL
|
61.00
|
47.51
|
48.18
|
0.300
|
31/12/2013
|
|
11
|
3255
|
GAB
|
59.53
|
29.45
|
12.98
|
13.560
|
30/6/2013
|
|
12
|
5182
|
GWPLAST
|
50.15
|
49.97
|
0.00
|
0.630
|
31/12/2013
|
|
13
|
7076
|
CBIP
|
49.49
|
35.91
|
45.93
|
4.510
|
31/12/2012
|
|
14
|
6351
|
AMWAY
|
46.53
|
33.14
|
13.07
|
11.980
|
31/12/2013
|
|
15
|
5216
|
DSONIC
|
46.03
|
22.84
|
31.41
|
3.470
|
31/12/2013
|
|
16
|
5789
|
LBS
|
45.15
|
19.54
|
73.60
|
1.740
|
31/12/2013
|
|
17
|
5204
|
PRESBHD
|
43.39
|
35.81
|
35.18
|
1.950
|
31/12/2013
|
|
18
|
5908
|
DKSH
|
38.92
|
12.63
|
3.44
|
7.930
|
31/12/2013
|
|
19
|
5102
|
GCB
|
34.95
|
10.41
|
8.19
|
1.410
|
31/12/2012
|
|
20
|
5068
|
LUSTER
|
34.42
|
18.78
|
30.72
|
0.105
|
31/12/2012
|
|
21
|
2615
|
JTINTER
|
34.01
|
24.51
|
9.55
|
8.170
|
31/12/2013
|
|
22
|
5229
|
CAP
|
33.41
|
28.14
|
18.71
|
0.310
|
31/12/2012
|
|
23
|
5049
|
CVIEW
|
33.15
|
20.91
|
28.50
|
3.000
|
30/11/2013
|
|
24
|
5031
|
TIMECOM
|
32.01
|
27.27
|
116.98
|
4.450
|
31/12/2013
|
|
25
|
5622
|
TRIPLC
|
31.45
|
6.65
|
20.25
|
1.280
|
31/5/2013
|
|
26
|
5139
|
AEONCR
|
31.25
|
5.51
|
28.71
|
14.800
|
20/2/2013
|
|
27
|
7004
|
MULTICO
|
30.97
|
23.97
|
26.45
|
1.490
|
31/7/2013
|
|
28
|
5168
|
HARTA
|
30.55
|
24.82
|
22.61
|
5.930
|
31/3/2013
|
|
29
|
168
|
BOILERM
|
30.16
|
13.41
|
14.31
|
3.010
|
31/3/2013
|
|
30
|
6645
|
LITRAK
|
29.71
|
5.71
|
35.42
|
3.890
|
31/3/2013
|
|
31
|
7231
|
WELLCAL
|
29.67
|
25.17
|
18.77
|
1.480
|
30/9/2013
|
|
32
|
6012
|
MAXIS
|
29.42
|
10.19
|
19.43
|
6.900
|
31/12/2013
|
|
33
|
165
|
XOX
|
28.36
|
9.56
|
11.26
|
0.110
|
30/6/2013
|
|
34
|
5211
|
SUNWAY
|
27.97
|
13.43
|
31.57
|
3.200
|
31/12/2013
|
|
35
|
5090
|
MEDIAC
|
27.53
|
11.89
|
11.93
|
0.965
|
31/3/2013
|
|
36
|
5236
|
MATRIX
|
27.51
|
16.87
|
26.43
|
4.100
|
31/12/2013
|
|
37
|
1171
|
MBSB
|
27.33
|
1.70
|
23.56
|
2.160
|
31/12/2013
|
|
38
|
5246
|
WPRTS
|
27.14
|
12.18
|
25.42
|
2.660
|
31/12/2013
|
|
39
|
5169
|
HOHUP
|
27.04
|
6.41
|
15.07
|
1.400
|
31/12/2013
|
|
40
|
166
|
INARI
|
26.60
|
11.29
|
17.42
|
2.720
|
30/6/2013
|
|
41
|
32
|
REDTONE
|
26.15
|
12.37
|
17.66
|
0.730
|
31/5/2013
|
|
42
|
7250
|
UZMA
|
25.74
|
13.69
|
8.15
|
5.820
|
31/12/2013
|
|
43
|
5219
|
PESTECH
|
25.27
|
12.81
|
12.14
|
4.820
|
31/12/2012
|
|
44
|
138
|
MYEG
|
24.96
|
19.14
|
45.56
|
2.600
|
30/6/2013
|
|
45
|
58
|
JOBST
|
24.63
|
19.48
|
717.47
|
2.430
|
31/12/2013
|
|
46
|
5024
|
HUPSENG
|
24.43
|
17.91
|
14.62
|
1.140
|
31/12/2013
|
|
47
|
6139
|
TAKAFUL
|
24.30
|
2.01
|
8.11
|
12.880
|
31/12/2013
|
|
48
|
5131
|
ZHULIAN
|
24.00
|
21.71
|
29.02
|
2.720
|
30/11/2013
|
|
49
|
7251
|
BARAKAH
|
23.78
|
8.74
|
13.76
|
1.630
|
30/9/2013
|
|
50
|
5018
|
HUNZPTY
|
23.77
|
14.56
|
148.10
|
1.950
|
30/6/2013
|
|
51
|
8435
|
CEPCO
|
23.09
|
12.72
|
12.03
|
1.610
|
31/8/2013
|
|
52
|
7052
|
PADINI
|
22.94
|
16.67
|
10.81
|
2.020
|
30/6/2013
|
|
53
|
9792
|
SEG
|
22.61
|
15.63
|
21.18
|
1.490
|
31/12/2012
|
|
54
|
8923
|
JIANKUN
|
22.59
|
14.13
|
73.09
|
0.380
|
31/12/2013
|
|
55
|
8
|
WILLOW
|
22.55
|
18.52
|
18.87
|
0.810
|
31/12/2013
|
|
56
|
5141
|
DAYANG
|
22.40
|
15.11
|
27.02
|
3.560
|
31/12/2013
|
|
57
|
113
|
MMSV
|
22.24
|
18.77
|
18.82
|
0.210
|
31/12/2013
|
|
58
|
7073
|
SEACERA
|
22.23
|
14.65
|
41.05
|
0.850
|
31/12/2012
|
|
59
|
6769
|
KELADI
|
21.74
|
19.92
|
56.93
|
0.330
|
31/1/2013
|
|
60
|
5213
|
SNTORIA
|
21.39
|
11.56
|
25.59
|
0.900
|
30/9/2013
|
|
61
|
1818
|
BURSA
|
21.34
|
9.94
|
39.35
|
7.680
|
31/12/2013
|
|
62
|
5062
|
HUAYANG
|
21.07
|
11.12
|
17.24
|
1.900
|
31/3/2013
|
|
63
|
99
|
SCICOM
|
21.06
|
19.13
|
11.10
|
1.080
|
30/6/2013
|
|
64
|
5191
|
TAMBUN
|
20.96
|
13.08
|
17.27
|
1.950
|
31/12/2013
|
|
65
|
78
|
GDEX
|
20.93
|
12.71
|
10.07
|
1.720
|
30/6/2013
|
|
66
|
8966
|
PRLEXUS
|
20.85
|
13.44
|
6.56
|
1.540
|
31/7/2013
|
|
67
|
5132
|
DELEUM
|
20.49
|
9.90
|
10.23
|
6.000
|
31/12/2013
|
|
68
|
5189
|
MAXWELL
|
20.48
|
17.09
|
18.84
|
0.260
|
31/12/2012
|
|
69
|
7100
|
UCHITEC
|
20.47
|
17.87
|
41.58
|
1.430
|
31/12/2013
|
|
70
|
4251
|
IBHD
|
20.28
|
13.53
|
28.90
|
3.290
|
31/12/2013
|
|
71
|
6033
|
PETGAS
|
20.25
|
15.72
|
53.41
|
24.340
|
31/12/2013
|
|
72
|
126
|
MICROLN
|
20.05
|
12.34
|
17.31
|
0.750
|
31/12/2012
|
Labels: ROE
| Share this | 
|
More articles on Intelligent Investor's Notes >>
- DuPont Analysis - MAGNI vs PRLEXUS - May 26, 2014
- DuPont Analysis - APOLLO vs LONBISC - May 25, 2014
4 people like this. Showing 10 of 12 comments. Show more comments 
NOBY Good
job but I think some of the ROE numbers are inflated due to corporate
exercise (ie bonus issue etc( or one off extraordinary gains.
26/05/2014 13:18
Intelligent Investor hi noby, yes. this is just a list to start. need some effort to study their ROE.
26/05/2014 13:25
NOBY Normally,
you can use the free FA screeners available to screen for this (not
sure if you use some other screener). I normally use this screener, www.klsescreener.com/v2/
scan for companies with PE between 5 to 15 and ROE between 15% - 30%.
This can help filter out the outliers. The above screen can be used to
do some pre-screening for magic formula stocks as well but need to dig
deeper.
26/05/2014 13:29
stockoperator As
you said it is a Good list to start by as those companies earning is
way above asset/capital employed. They are mostly asset light and
probably needs little capital expenditure. That itself is good Business.
Take note of those in natural growing market and company with strong management to capture market shares.
A growing trend of profit margin with strong revenue or growing trend of ROE/profit margin is better indicator than a SINGLE NUMBER OF ROE ITSELF.
TEHN again, what price do we pay?
Take note of those in natural growing market and company with strong management to capture market shares.
A growing trend of profit margin with strong revenue or growing trend of ROE/profit margin is better indicator than a SINGLE NUMBER OF ROE ITSELF.
TEHN again, what price do we pay?
26/05/2014 15:17
Intelligent Investor hi stockoperator,
Your comment is good.
Basically, this is what i plan to do:-
1.) check how the ROE was achieved? I am looking for companies with high ROE that achived by high net profit margin, high asset turn over and low financial leverage. (http://intelligentinvestor8.blogspot.com/2014/05/dupont-analysis-dissecting-roe.html)
2.) then, is it worth to find out more on the companies and see if the comapny is a franchise with moat? (http://intelligentinvestor8.blogspot.com/search/label/Moat and http://intelligentinvestor8.blogspot.com/search/label/Franchise)
3.) Then, perform DCF valuation, and buy only if MOS > 30%. I believe it is relatively easier to forecase the FCF for a franchise business than normal business. (http://intelligentinvestor8.blogspot.com/search/label/DCF)
Your comment is good.
Basically, this is what i plan to do:-
1.) check how the ROE was achieved? I am looking for companies with high ROE that achived by high net profit margin, high asset turn over and low financial leverage. (http://intelligentinvestor8.blogspot.com/2014/05/dupont-analysis-dissecting-roe.html)
2.) then, is it worth to find out more on the companies and see if the comapny is a franchise with moat? (http://intelligentinvestor8.blogspot.com/search/label/Moat and http://intelligentinvestor8.blogspot.com/search/label/Franchise)
3.) Then, perform DCF valuation, and buy only if MOS > 30%. I believe it is relatively easier to forecase the FCF for a franchise business than normal business. (http://intelligentinvestor8.blogspot.com/search/label/DCF)
26/05/2014 15:32
stockoperator I
like your 123 line of thoughts and I always like DCF model. SINCE you
raise MOS, then i have also prioritized my 123 as follows:
a) OUR WINNING Mentality
Can you know that you will be Rich in stock investment? Are you sure? Can you imagine that? If not, please DONT TRY.
You cant invest you did not trust the company and the economy.
Your trust and Methodology will be seriously tested when:
1) Market Crash that is why it is cheap
2) Bad News on your company that is why it is cheap
3) Yearly or Quarterly drop of earning that is why it is cheap
4) Your Holding is under performed by Broad Market due to years of consolidation that is why it is cheap
b) Portfolio Management and Diversification and cash management
Our job is Not sitting here everyday waiting for Market Crash or any event of the above to happens OR wait until MOS reach whatever level.
Our job is to think of how to safeguard our investment return, invest with peace of mind, how to achieve efficient frontier, think of Eternity of Long term Compound, Study Business Model and KEEP INVESTING in our portfolio, Risk Control; Cash Management, margin control....
BASICALLY IF I HAVE CASH DURING MARKET crash or WHAT HAPPENS TO MY PORTFOLIO? OR when 90% of Broad market down, should i still strive for the balance of 10% that will still out perform?
c) Methodology
How do I do it? YES, you should buy at Huge MOS and your 123 above.
BUT IS Buying at Margin of Safety is the Only Answer? How about the selling and holding part? When should i cut my losses? So, it leads you to the whole investment process.
WE BASICALLY NEED TO HAVE A WHOLE MASTER PLAN DRAFTED OUT BEFORE COMING TO IMPLEMENT IT.
a) OUR WINNING Mentality
Can you know that you will be Rich in stock investment? Are you sure? Can you imagine that? If not, please DONT TRY.
You cant invest you did not trust the company and the economy.
Your trust and Methodology will be seriously tested when:
1) Market Crash that is why it is cheap
2) Bad News on your company that is why it is cheap
3) Yearly or Quarterly drop of earning that is why it is cheap
4) Your Holding is under performed by Broad Market due to years of consolidation that is why it is cheap
b) Portfolio Management and Diversification and cash management
Our job is Not sitting here everyday waiting for Market Crash or any event of the above to happens OR wait until MOS reach whatever level.
Our job is to think of how to safeguard our investment return, invest with peace of mind, how to achieve efficient frontier, think of Eternity of Long term Compound, Study Business Model and KEEP INVESTING in our portfolio, Risk Control; Cash Management, margin control....
BASICALLY IF I HAVE CASH DURING MARKET crash or WHAT HAPPENS TO MY PORTFOLIO? OR when 90% of Broad market down, should i still strive for the balance of 10% that will still out perform?
c) Methodology
How do I do it? YES, you should buy at Huge MOS and your 123 above.
BUT IS Buying at Margin of Safety is the Only Answer? How about the selling and holding part? When should i cut my losses? So, it leads you to the whole investment process.
WE BASICALLY NEED TO HAVE A WHOLE MASTER PLAN DRAFTED OUT BEFORE COMING TO IMPLEMENT IT.
26/05/2014 16:40
kcchongnz A
good place to start to look for good companies to invest. Just beware
of some of the pitfalls on investing purely based on ROE here:
http://klse.i3investor.com/blogs/kcchongnz/52949.jsp
http://klse.i3investor.com/blogs/kcchongnz/52949.jsp
26/05/2014 19:53
stockoperator Do we really think that Applying ROE or teaching people even techniques like DCF model is like teaching people How to fish.
How about before teaching people how to fish, we tell them before going out to the sea for fishing, they have to bring life jacket and even must know how to swim first, right? We tell them there could be storms or even the boats might sink.
IT is a survival issue and knowing the whole process that matters as well.
How about before teaching people how to fish, we tell them before going out to the sea for fishing, they have to bring life jacket and even must know how to swim first, right? We tell them there could be storms or even the boats might sink.
IT is a survival issue and knowing the whole process that matters as well.
26/05/2014 20:16
没有评论:
发表评论