Moochie

Moochie | Joined since 2012-12-20

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2013-01-18 15:58 | Report Abuse

Thanks for the input. Was just reviewing this counter in light of its recent run over the past 2 weeks. I always thought it was an undervalued name with it being net cash at something like 2 bucks a share coupled with the tax credits which are expiring this year and just thought it was a good time to evaluate or re-evaluate my exit price. Initial PE was something like 7x while its peers are trading in the region of 12-13x, now they're in the 8-9x mark. Thanks again.

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2013-01-18 11:23 | Report Abuse

Share price has done well in recent days but looks like a slight correction might be on the cards today going into the weekend. Anyone thinks the momentum will continue into next week?

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2012-12-28 11:36 | Report Abuse

I agree that they have low PE, high dividends, healthy balance sheet. In addition to that they are one of few malaysian companies which have exposure to other markets, stand to benefit from malaysia being highlighted as an auto substitute hub for Thailand following the floods and they also stand to benefit from their parent company bringing in new models for next year also they still have outstanding tax credits which could see good dividend payouts if they wanna take advantage of it before they expire in 2013.