Coming home soon then we can all ride an elephant Jumbo, with KCloh to steer, Gumbo do coverage and Dave Singh to Fatt for extra turbo to move 2013 forward!!
Well just return 20% to shareholders, need some time resume uptrend. Not all undervalue shares will go up, some need years also don't move. But once they do, they will rise to the sky.
today i goreng it to 1.50 tp with hot air haha.... move like an old man.... yesterday consistently buying 1 lot, i wonder who is the idot trying to support the price with cheap money
Hahaha the HSS NOW in nego....looks like pretty positive. From my experience...these government contracts take a long time even after confirmation and did not expect after a year plus overdue unless they have already confirm......
More or less secured the HSS concession for northern states(Perak,Penang,Kedah and Perlis)for a period of 10 years.New service fees up 5.8% and an additional RM 16.522 mil p.a. for sustainability programme.However.for E.Mal(Sabah and Sarawak)is split 40% and the balance 60% to another consortium.We have to wait until further announcement b4 we can determine the impact on Faber's future earnings.
Faber get the job done for 40% share of earning and the new partner get the other 60% without having to lift a finger.How nice! Malaysia Boleh!! Only in MALAYSIA.
Ya, Monday is public holiday. Hopefully there is no other rumor on GE or else faber good news is wasted. Faber also have a final dividend that have not declare yet and will b declare by 4Q, somewhere in march/april.
It must be noted that the new contract is back dated to 28th Oct 2011 ie the exiry date of the old contract.The 14 mths accrued income on the increased fees should be reflected in Q1 2013 Financial Report.Another round of special dividend?It is not impossible.Hopefully.All in all,Faber is expected to report a satisfactory FY 2012 Results by end Feb 03 and a good Q 1 2013 results with the back-dated income on the HSS new contract plus a good contribution from the construction business.EPS will be outstanding as at last price of RM 1.39;highly under value.It is the cheapest stock in the health care sector.The hidden gem waiting to sparkle!
Please be advise that the above are my personal view and opinion and it is certainly not my intention to suggest a buy call.RM is yours,u make the final.Happy Trading.Good luck.GONG XI FA CAI.
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: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 305 views | 2 d ago
0:17
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 11534 views | 10 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....
hawk
273 posts
Posted by hawk > 2013-01-07 11:00 | Report Abuse
This. Counter too slow....luckily went on TSH only...