overheated according to RSI, %R and Oscillator.

EPS 29 cents, PE 4.75, NTA RM2.63, ROE 11.13%, net cash flow RM27 million, good net profit for last 3 quarters. Financial report will be out by end August. Let see what will be happening.

TA suggests target price RM3.05 on 23 May 2014.

A fresh round of merger and acquisition (M&A) talks is circulating in the stockbroking space which has in recent years become more and more of a big boy's domain. This time round, talks are centred on investment bank K&N Kenanga Holdings Bhd entering into a possible merger with JF Apex Securities, a Kajang-based stockbroking entity which employs over 300 people of which about 100 are remisiers.

"There have been some discussions between both parties but everything is very preliminary, these sort of talk usually take time," says a source familiar with the discussions. Such talks follow on the heels of rumours that TA Securities is also a target of K&N Kenanga.
TA Securities has been bandied about as a likely party to be part of the next significant M&A exercise in the stockbroking sector owing to the fact that it remains as one of the last standalone brokers that is owned and run by an individual. (Starbiz)


Source: CIMB Daybreak - 24 March 2014

achieved good profit in Q1 2014 vs Q1 2013 (RM7.78m vs RM3.5m). EPS RM0.29, PE is 5. Net cash flow of RM27 million.NTA is RM2.63. it is a good counter.

Kenanga Holdings Bhd entering into a possible merger with JF Apex Securities?

P'taras has been doing very well for last 7 years. look at ROE, ROA, Net Profit, EPS, Dividend, D/L, free cashflow, PE. I can't find a reason not to invest P'taras for long term basis.