Pantech share price has an excellent run. It ran up from about 70 sen at the beginning of the year to about RM1 now, for a gain of more than 40%, in just 4 months. I hold Pantech for a long time already and happy with the return from it. I am still holding some. But is Pantech fully valued now?
I opine so. Even if I take an assumption that it will grow at 15% for the next 5 years and 3% subsequently, which in my opinion is a fantastic feat, and a required return of 12%, Pantech at 1.00 is almost fully valued already.
Holding Pantech for 7 months and collected twice dividend, overall making 50% profit already. I wouldn't sell them unless they change their business or making lost.
I have accumulated Pantech and holding it for the long term for I believe the only way it will go is north as there are lot of developments in the O & G sector,especially with monumental capex by Petronas,Nautic performance,potential M & A by Pantech or of Pantech itself.the list goes on and on...
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3419 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kcfan
1,881 posts
Posted by kcfan > 2013-05-13 13:04 | Report Abuse
Good prospect and growth outlook.2nd TP RM1.43