During the last quarter from September – December last year, there was no more MCO lockdown, all the people could go to work and there were more construction activities. As a result, all investors expected to see all the steel stocks to report better profit than their previous quarter.
I was shocked to see that all the steel stocks, except Prestar reported reduced profit. Prestar is the only steel company reported increased profit.
Prestar’s EPS for each of the last 4 quarters were 10.03 sen, 7.21 sen, 9.59 sen and 9.45 sen totaling 36.28 sen. The last traded price is 66.5 sen. It is selling at PE less than 2.
If you do not believe me, you can check and prove I am wrong.
Created by Koon Yew Yin | Sep 19, 2023
After I saw RHB recommendation to buy Kerjaya Prosek Group yesterday, I studied all the top 12 property developers and tabled them below for comparison. Kerjaya Prosek Group is ranked 6.
Created by Koon Yew Yin | Sep 08, 2023
KP Property 4 quarters EPS is 23.6 sen and it is selling cheaper than Kerjaya Prospek Group with 4 quarters EPS of 9.39 sen.
Created by Koon Yew Yin | Aug 27, 2023
Non Malays should not be afraid of not getting university education.
Created by Koon Yew Yin | Aug 17, 2023