Datasonic, A Rule breaker for risk takers.
Below is the financials for Datasonic for the last few years.
Year 2010 2011 2012 1st half 2013
Revenue, m 39.6 78.4 178.7 118.3
Net profit, m 7.6 15.9 28.1 35.6
EPS 8.4 17.6 36.85 39.6
What do you see?
Assuming an annualized EPS of 80 sen,at 3.36 now, isn't it cheap? Yeah I know. Its price has shot up by 65% from RM2.00 since 4 months ago.
Datasonic has 10m copies Mycard to issue for 2013. It is also awarded 5 year contract to supply 10m polycarbonate passport. Think about that. there is very strong earnings visibility. Most of all, it is not expensive.
I would take this as my only stock for the challenge going on now.
Chart | Stock Name | Last | Change | Volume |
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Created by Tan KW | Jan 02, 2014
Created by Tan KW | Nov 08, 2013
Created by Tan KW | Sep 06, 2013
kcchongnz
Really a rule breaker, and a multi-bagger. Share price rose by 108%, in just a little over two months.
2013-11-12 19:07