Quite a good write up but u forgot to mention their substantial increase in cash position after cashing out on their plantation land investment recently (FY13Q4)leading to an extraordinary gain of RM120+ million. Their cash reserve went up by RM200m i.e. from RM63m to RM263m which is a cash equivalent of about RM2.10 per share.

Yes! 4th quater result coming out soon - latest by next week and its result is going to be sparkling with EPS of near to RM1.00 and the full year EPS will be around RM1.20....NTA will be expected to increase from current 1.60 to 2.70.

weida is a very undervalue stock because it also owns 16,000 acres of planted oit palm estates in Sarawak located along the Sibu/Bintulu corridor. They bought it 6 years ago at a very cheap price of only about RM2500 per acres and since then they had planted the oil palms using their own internally generated earnings and cash flow. Conservatively valuing it at RM30k an acre its plantation asset is already worth RM480m or RM4.00 per share. Stand alone EPS before the contribution from plantation is already about 18s per share so with a PE of 10 its stand alone share price should be at least RM1.80 and if we add the plantation asset then it should be worth at least RM5.80 per share.....