i trust perdana. share price is holding well.

Posted by cwkhor > Dec 3, 2012 11:35 AM | Report Abuse

Positive TP adjustment by IBs:
TA 1.39 (-0.14) - without EOC deal
Maybank 1.40 (no change) - pending clarification from mgmt
HwangDBS 1.35 (+0.15)
HLG 1.55 (-0.05) - without EOC deal
CIMB 1.57 (no change) - pending more details

The TPs can't be achived overnight. Avg TP for the above is 1.45. The analysts are banging on fundamental value of the stock. Technically it's well supported. Even if u give a 10% discount to 1.45, u get 1.30. Still, there's 21% upside to the stock.

u are right cwkhor. At this juncture, confusion may arise as to the benefits of the new deals. If we go long, we shouldn't worry.

bihun enough lor... hehehe

We can't make quick bucks from this counter under current mkt conditions. We have to go long and knowing the good fundamentals of the stock, buy on weakness. Some of us expect to make quick bucks thru contra. Not always ...In a bull mkt, yes. Not otherwise...My best advice is..buy for long term. Of coz u don't catch a falling knife...but u pick it when it has fallen. When volume is thin, that's the time to accumulate.

U can't make quick bucks from this counter under current mkt conditions. U have to go long and knowing the good fundamentals of the stock, buy on weakness. Some of us expect to make quick bucks thru contra. Not always fren...In a bull mkt, yes. Not otherwise...My best advice is..buy for long term.

KC Loh...u take 5%, I take 5%...ok or not???

Posted by minitrader > Nov 30, 2012 06:55 PM | Report Abuse X

q-o-q earnings almost flat at RM15.4m, 2 sen EPS. 9m EPS 5sen. Assuming that it can sustain earnings for Q4, then FY12 EPS is estimated at 7sen...Based on current price of 0.685, trading at 9.8x PER FY12. Assuming a 12x PER, worth 84sen on FY12 earnings. FY13 should be better...

repeating...

in compliance...30 Nov is the last day for submission of financial results to Bursa

- Net gearing down to 0.37x from 0.71x,
- annual interest savings of RM1.4m based on FY11 accounts,
- enlarged share capital of 937m from addition of 85m new shares,
- earnings dilution, partly offset by interest savings but negligible,
- new capital investment on jack-up drilling rigs..new earnings stream
- Positive in long term

q-o-q earnings almost flat at RM15.4m, 2 sen EPS. 9m EPS 5sen. Assuming that it can sustain earnings for Q4, then FY12 EPS is estimated at 7sen...Based on current price of 0.685, trading at 9.8x PER FY12. Assuming a 12x PER, worth 84sen on FY12 earnings. FY13 should be better...

christmas gift...

i think this stock is holding for the next push...

i think purebull trades in few mkts... is that so purebull?

purebulll...hahaha..joker la u

Posted by tonylim > Nov 30, 2012 01:32 PM | Report Abuse

the 4 vowels of chinese character , pow, pau, pou ph'ou

Any body knows where's kcchong, gone to the farm?


..probably fishing...weekend ma

ya la rich kueh...old ma...

I normally set a cut loss point. If price movement is against me, I set a 3-5% cut loss point. Let it rebound after that, but I won't chase and forget about it. Can't be too sentimental on any stock. If share price underperforms, I would switch to other counters. No point brooding over a loss-making counter. There are plenty of good stocks out there. Switch to make up the loss in other stocks.

I have been in the mkt since 1989...experience thought me all this...

The same story goes to JCY. OSK gave a FV of 0.35 to JCY despite its solid fundamentals. Price plunged but to me that's a buying opportunity. When people starts shying from the stock, that's the time to relook. I only trade ma..and pocket for profit. Now JCY rebounded and made some. I expect it to reach other analyst's TP of 83sen. To me, that too long a target. Mkt is volatile. So is any stock. For traders like me, I go short.

Frankly, I was out of KNM many years back after share price reached its peak before all that cash calls and crabs...then it was above RM12. :Profited and since then I never looked back. Now I'm relooking coz it's gone lower and lower. But how much lower can it be knowing that there's fundamental change in the group. Worse over perhaps???

Hope Maris's 0.455 history is right...if funds started collecting at this level, there's hope for the price to creep up later

that was ASTRO 2.88...wrongly posted...profited...next to HK lor

testing water...if hot i chao lor

just jumped at 0.46 bro...make some, i chao lo

Warren Buffet meh???

hahaha...

slow n steady wins the race...

yup...steadily creeping up...

SURE do...Kingcup brand...

don't worli...make money first...then think of GE

don't worli...GE not that soon one...bull must run again before bear comes in...

today is profit-taking day...after that chao to HK lor :)

probably DaveSingh collecting...

orait...

Good earnings and low earnings multiples may not necessarily translate to higher TPs. The stock may trade at vast discounts to industry average for various reasons....mgt, gearing, etc, etc. Wondering why KNM was down since May 2008. They were rebounds but still ended in a slide. What has gone wrong with the company? Management has to regain investor confidence and prove that they are on the right track again, especially foreign funds.

KNM was in the expansion mode in the early days...acquisition trails...cash calls, share issuance and increased borrowings. This pushed up its net debt/equity to 0.8x. I believe, over time, KNM will be back on investors' radar again.

meaning??? up after this?

when a stock spikes and skyrockets...that's the time too quit and take profit...

Quite a huge vol of 20m shares traded yesterday, 10m the day before. Climbed up for the last 2 days...up 22sen or 8.2% within 2 trading days. That's good income for contra players. Why take the risk? May show some weakness today.

contra players...better run for your life...

Investors have lost confidence in mgt

Posted by Mohd Fared Ali Seman > Nov 19, 2012 10:28 PM | Report Abuse

FV 80 cents.....? Serious or what? Any others comment about this.....


If 80 sen is what the FV, then it's pegged at around 10x PE, close to MBSB. Small finance-related stocks like this will normally be given a vast discount to the banking blue chips.

Made 6.2sen in FY12...say 8sen in FY13 (based on enlarged share capital of 125m upon listing)...if use a PER of 12x, may be worth 0.96. If PER of 15x...worth RM1.20. But I don't think mkt will give a high valuation to this stock. MBSB is trading at 10x PER. A finance stock like Desa shouldn't be getting a good premium. This is my guestimate. I may be wrong.

Don't quite like their nature of business. Hire purchase financing, repossession (tarik kereta) and the like...For exposure to the finance/banking sector, there many other good stocks. This IPO not in my list.

sorry...wrong posting..

2.88 good closing. tomorrow siong lo

no heart feelings hoohaa

compared to the low of 2.60, of coz Astro shareholders can now breathe better albeit at a loss...don't u think so? And those who jumped in at lower prices, can now take profit...if they wish...

good movie with happy ending...cheers

now Astro shareholders.. :) smile