Well written analysis but sometimes cheap valuation could be a value trap despite the high roe, cash flow etc. Read about the skyscraper curse? http://www.economist.com/news/finance-and-economics/21647289-there-such-thing-skyscraper-curse-towers-babel Perhaps as the co builds the highest tower out in the world, you have to be weary about the next financial crisis. Lastly, do comment on the Mac family's family track record in running Muhibbah and its impact on Favelle.
One concern. earning sustainability as it needs to constantly need to replenish its orderbook in cranes supplies which ties back to the construction sector cyclicality.
Hi JY ,this is the most detail and logic analysis i ever read ! i believe this must took you a lot of time to carry it out .thanks you so much. this company seem like undervalue and ignore by most investor , the only reason i think is maybe due to their balance sheet .do you see that they have unusual high receivable and payable ? their total liability is much more higher than their total equity.
whether mkt outlook bullish or bearish...investors will stay invested, traders will continue to trade, timers time, speculators will...So nothing changes, ppl will continue...can't change old habits. No right or wrong way though, if continue to make $$, happy and harm none. Good luck everybody!
Thank you JT Yeo for the most reassuring article which I need at this depressed time. In fact I began buying Favco about 2 months ago at about Rm 3.20 when I thought the oil price has bottomed out. Since then I have been collecting it every day. I have seen bear market before when I can buy very good stocks at a discount. That I is why I wrote and posted the article " Good Buying Opportunity". I also picked Favco as my top selection in the i3investor's competition.
JT Yeo, I like to meet you, please call me 017-5577822 or write yewyin33@gmail.com.
One of the best articles in this forum. Thanks and appreciate your sharing of your research. You must have spent a lot of times on this,but still hoping to see your articles on other counters. Yes I know I am kind of too greedy.
kcchong and ricky are the 2 fundamental sifus that i respect the most... it seems to me that both of them are interested in the same share(s) for most of the time.. haha
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: O&G healthcare service provider, Metro Healthcare Berhad aims to list on the Ace Market!
MQ Trader 453 views | 3 d ago
0:17
New IPO: Life Water Berhad, a manufacturer of drinking water and carbonated beverages, aims to list on the Main Market!
MQ Trader 1285 views | 4 d ago
0:17
New IPO: Mega Fortris Berhad, a manufacturer of security seals, 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....
Op3rs
397 posts
Posted by Op3rs > 2016-01-27 19:10 | Report Abuse
tq and appreciate your effort, im a newbie and i learnt from this