I'm happy..have mine long ago, below 4....sifu sifu, is it time to sell and gain some profits...most of my counters...gain and not selling and seeing them drop and up...don't know how to play this game haha..
Ajinomoto at current price of Rm 7.55, the PE & valuation still very undemanding...when compare to similiar type of branded food & beverage companies like Dlady, F&N and Nestle u will be looking at PE 20X to 30X .
Thats why Raider say, hold and right the wave of Ajinomoto price up. Btw the growth prospect is still good, as this is still a small cap company, with mkt capitalization less than Rm 500M loh....!!
Btw....on the issue of not liquid, this raider see it is a strength instead of weaknesses....less share available, will allow the promoter to lift the price up easily.
Stockraider, all good stocks mentioned by you are hard to see panic sale, strong on sellers. Agreed with your point that it is a strength instead of weaknesses.
Good stock eventually catch the eye of investor mah....!! So icon promote, many i3investor benefit, if he do not promote other investor will benefit mah....!!
The outcome of ajinomoto is still the same, the price will move up loh.....!!
Studied this stocks last month & planned for long term buy, with intention for slow & safe growth plus decent dividend payout, but never expect such surge within a very short period (compared with past years' stock price movement).
Looks like everybody wants a piece of Aji. With a little bit of luck and diligence, I picked up several lots about 2 years ago & now slowly "shooting" my Aji bullets.
There are several such companies with similarly ok products combined with conservative & honest management waiting to take off.
Yes, agreed to sheldon's point on "honest management", honest management will work hard for company, not for their own pockets. Seen so many bad or worse management already.
I've picked up several lots of B. Kawan. At today's prices I believe they are quite a good buy. Why?
1) Their fertilizer business is doing well 2) About 6.8% of shares have been siphoned off as Treasury shares (less in circulation) hence better EPS 3) They own a big chunk of KLK which has large land bank 4) share price have been lingering at such levels for sometime despite the fact that CPO somewhat recovered, net assets building up over time and MYR has weakened (hence in USD terms, it's cheap)
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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....
jeannie
459 posts
Posted by jeannie > 2015-12-08 11:25 | Report Abuse
I'm happy..have mine long ago, below 4....sifu sifu, is it time to sell and gain some profits...most of my counters...gain and not selling and seeing them drop and up...don't know how to play this game haha..