Kevin Gibb

100003957312780 | Joined since 2013-06-21

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2013-06-21 13:50 | Report Abuse

HLFG Own 64% of Hong Leong Bank + all insurance arms under Hong Leong flagship. Potential privatize by the founder’s family. See news on June 2013. http://biz.thestar.com.my/news/story.asp?file=/2013/6/10/business/13215377&sec=business

OSK BUY call, target price at RM18.80 on 10-6-13.

Its INTRINSIC value is Rm55.77. At current price of Rm13.96 ( 12pm of 21-6-13 ), it is trading at 80% discount to its intrinsic value. ( valuation wise it is very very cheap )

Its ROE is 16% > 15% (good management)

Its net profit margin is 20% > 20%(has very strong business competitive edge)

Its free cash flow growth rate is 19% > 15% (healthy cash flow)

Its Neff ratio = 2.0% > 2.0% (valuation wise it is very cheap)
Its dividend is Rm250 per 1000 shares, giving a yield of 1.6% (below average)

As on 21-6-13, it is RM 13.96 and is over sold by market ( bottom of trend line ) and is waiting for price rebound any time despite US’s announcement of QE withdrawal soon by 4Q2013

I hope this analysis help.