Koon Yew Yin's Blog
AYS price trend reversal is confirmed - Koon Yew Yin
Koon Yew Yin
Publish date: Thu, 16 Dec 2021, 10:39 AM
Koon Yew Yin
0 1,446
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
AYS price chart below shows that it has been going up every day in the last 9 trading days which indicates that its price trend reversal is confirmed. That also means that it is quite safe to buy an up-trending stock.
What is a stock price chart?
It is a record of the daily price movement. If there are more buyers than sellers its price will go up. On the contrary, if there are more sellers than buyers its price will drop. In the case of AYS, there were more buyers than sellers on each of the 9 trading days. That means it is quite safe to buy AYS.
Share placement
On 15 October, the AYS company placed out 38 million AYS shares which is equivalent to 10% of the total issued shares at 76 sen each to institutional or big buyer when the open market price was 88 sen. The big buyer must know the company operation and its profit growth potential before he decided to buy so many AYS shares. No investor would buy 38 million AYS shares unless he knew the quality of people managing the company.
My target price for AYS
Its 2nd quarter ending Sept EPS was 6.51 sen and its 1st quarter ending June EPS was 8.5 sen, totalling 15 sen for 1st half year. All these profits were achieved during the Covid 19 pandemic MCO lockdown. Currently there is no more MCO lockdown and AYS should be able to make better profit in its 2nd half year than its 1st half year.
Assuming its 2nd half year performance is the same as its 1st half year, its annual profit EPS will be 30 sen per share.
Based on PE 3, AYS should be 90 sen.
Based on PE 4, AYS should be Rm 1.20.
Based on PE 5, AYS should be Rm 1.50.
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on Koon Yew Yin's Blog
Who will win the Presidential Election? - Koon Yew Yin
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Who will win the Presidential Election? - Koon Yew Yin
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Wasco expects better profits in coming quarters with robust order book - Koon Yew Yin
Created by Koon Yew Yin | Oct 25, 2024
The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.
Malaysian Communist Party - Koon Yew Yin
Created by Koon Yew Yin | Oct 14, 2024
Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.
Property Developers comparison - Koon Yew Yin
Created by Koon Yew Yin | Oct 04, 2024
KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...
Property Developers comparison - Koon Yew Yin
Created by Koon Yew Yin | Oct 04, 2024
KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...
Water pollution in the UK: the causes and effects - Koon Yew Yin
Created by Koon Yew Yin | Sep 06, 2024
Water pollution is a huge challenge for freshwater in the UK, impacting our rivers, streams, and lakes and the wildlife that call them home.
Johor Property Boom - Koon Yew Yin
Created by Koon Yew Yin | Sep 03, 2024
State housing and local government committee chairman Datuk Mohd Jafni Md Shukor said demand for properties in Johor has gone up since last year’s announcement about the SEZ.
KSL’s Profit Record - Koon Yew Yin
Created by Koon Yew Yin | Aug 30, 2024
KSL announced its total 4 quarter EPS of 42.3 sen and its net tangible asset (NTA) backing of RM3.86. It is selling for less than 50% of its net tangible asset (NTA). KSL is undervalued. Its share...
How Malaysia can become a Developed Nation? - Koon Yew Yin
Created by Koon Yew Yin | Aug 26, 2024
In 2012, I wrote my first book “Malaysia: Road Map For Achieving Vision 2020” which was launched by former Financial Minister Tengku Razaleigh.
Discussions
1 person likes this. Showing 8 of 8 comments
Dear Mr Koon Yew Yin,
It is a push up to sell before/on the coming quarter results. Hope you are able to escape then
Sincerely,
EMSVSI
2021-12-16 21:19
Uncle said stock market gonna crash before. Why invest now uncle. Run run first.
2021-12-17 15:55
What do you know about chart? You talked what you wanted to talk only, nothing to do with chart.
2021-12-18 18:11
Biden's $1.75 trillion stimulus bill has no hope of passing this year, plus Omicron sweeps Europe and the US
U.S. Democratic Senator Manchin does not support Biden's nearly $2 trillion Rebuild the Good Act, the bill will be forced to delay
2021-12-21 08:06
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
5
save malaysia!
6
Stockhistory
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
abang_misai
Cantek Koon. AYS sudah ada jalan sikit
2021-12-16 21:09