hongseng shares will follow the fate of AT, FINTEC. 6 billions shares of toilet papers will be consolidated into 20:1 or 30:1 Will be sideline for this rally.
If you buy HSeng @3c now, you will lose big . 300 big lots @3c=9000 rgt Price will slowly drop to 0.5c 1 day before ex date Assuming 30:1 consolisation , 300 big lots become 10 big lots 10 big lots after ex ,become 15c , 15c x 10 lots =$1500 From $9000 to $1500 , you lose 85% on first day trading if price starts at 15c. Normally it will start to go down to 12-13c, than close at 10c. At 10c x 10 big lots, you get back $1000 from original $9000 ,bought at 3c before ex-date 1000/9000,only 11% of your original $9000.
AT, Fintec kind of companies are HARD-CORE "PP/RI/ESOS" type of companies. Once you are trapped, you will be gang-raped till become toufoo.. Better dont go near. There are other penny stocks which are also lousy no funadamental, but there dont gang-rape you. 6billions of toilet paper become 200m of shares. Than after 6 months it become 1.2b of toilet papers again after "PP/RI/ESOS" Another 1 years, the 1.2b toilet papers grow into 4.8b toilet papers.
JUST SELL & CHANGE TO INSAS MAH! Investors of Insas hathaway can afford to only invest in 1 stock that is insas loh!
Why should they look elsewhere when all the insas fundamental numbers are so positive compelling base on share price of rm 1,21 leh ?
The Insas figures are as follows; 1. Insas net cash is rm 1.26 per share 2. insas net cash equivalent per share Rm 1.40 3. Insas nta per share is Rm 3.56 4. Insas RNAV per share after taken account of Inari & M&A is Rm 7.00 per share 5. Insas RNAV per share after taken account of its properties value Rm 9.00 per share. 6. Insas eps Rm 0.19 share. 7. Insas cash generation per share Rm 0.22 8. Insas div per share Rm 0.025 9. Insas Nta growth per share (base buffet measurement of growth} Rm 0.22 pa.
a.Notice that insas net cash equivalent of rm 1.40 exceed share price, that means u can buy whole insas & still collect additional Rm 0.19 cash per share on top of whole company. b. Based on NTA without any revaluation insas is worth Rm 3.56 per share. c. If u factor in Inari & M&A hidden reserve plus insas NTA , u will get Rm 7.00 per share. d. If u factor in { item c } plus other assets & revise property undervalue u get Rm 9.00 a share 5. Insas PE is 6.4x. 6. Insas cash generation per share is rm 0.22 giving u a yield of 18% pa. 7. Insas div yield is rm 0.025 per share or 2.1% pa. 8. Insas growth rate pa is 18%. Note this very powerful factor as insas cash generation is 18% pa and growth rate is 18% pa, that means all insas growth is back up by cash generation equivalent, this is a very powerful factor to the sustainability of cash flow and growth rate.
Conclusion: Having gone thru the financial strength of insas, can u find any other stocks more powerful than insas fundamentally at the current share price leh ? The answer is none loh!
Thus with insas so attractive fundamentally why should u sell insas & look to buy other stocks leh ? U should be buying more insas right now bcos of very big margin of safety loh!
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 2904 views | 2 d ago
0:17
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....
BigWhiteSand
288 posts
Posted by BigWhiteSand > 2023-12-28 11:26 | Report Abuse
I makan lagi 0.025 when it close 0.020 - 0.025 today. Tambah rezeki.