longterm break new high . possible 35 cent in 8 month . Will make profit more than 10 million in year 2015 . 2Q report very very good and will announ middle of nov.
With the newly secured order of RM26.1 Million (http://www.bursamalaysia.com/market/listed-companies/company-announcements/4887505), GENETEC's Q2 EPS should certainly be greater than it Q1 EPS of 1.28 cents. Thus its estimated whole year EPS should be greater than 4 X 1.28 = 5.12 cents. Using PE of 10 its conservative FV is 51.2 cents. So for longer term holders, if you collect them at 0.19 now it can potentially give you a return of 200 %.
Ya..bought some this week..should be a good turnaround stock that may give us plenty of surprise..Anyway..contracts in hand are kinda inspiring ..and with future expected EPS of 5 sen.a year .plenty of room to move forwards..
Ya I do actually like Cash rich companies but we need to be flexible in order to emerge as winners of investing..and there is a big difference between the term Good Debts and Bad Debts..Bad Debts are like u are burning away money borrowed ( MAS and AAX ) and hence u see a big hole aka loss in the accounts.. Good Debts mean u need to borrow coz u have good contracts in hand..and u need more working capital..that is acceptable in a business world...Anyway the bulk of borrowings are short term trade bills and backed by higher collectible Receivable..... is not alarming
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....
WL4999
36 posts
Posted by WL4999 > 2015-10-13 12:04 | Report Abuse
Ivan, you are right.... 0.20 is coming