most of the counters r taking opportunity of what happened to US stock market last night to collect at low entries, so same goes to IDEAL. but once it's done it will be a big boom
Ideal was so special.... Normally after issue more share price will drop... But.... Ideal go to different way... Market price increase... If I'm the CEO of Ideal sun city... I will make announcement after I collect enough share(indirectly la)... A bit scary... Can someone explain to me? Thx~
Q1 net profit is RM1.77M, about 64% higher than Q1 last year. Basing on annualised figure, it should be around RM7M, quite close to the co's forecasted profit (RM7.4m).This shall translate into a EPS of around RM0.05 in 2014, taken into the consideration of their current paid up capital of 141M shares.
If what they forecasted in 2015 came true, they shall achieve a higher profit of around RM11M or EPS around RM0.08 in year 2015. Can this be true? Basing on their 8 contracts in hand (ard RM38M) and another 3 projects to be awarded from Ideal Property Group soon (around RM9M), i believe their forecasted figures in 2015 could be met.
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....
orangbiasa123
79 posts
Posted by orangbiasa123 > 2014-05-08 16:49 | Report Abuse
ideal can go for main board in future?