It as broken the 0.475 resistance just now. Next level is 0.62. and it's beautifully above the cloud. Closing above 0.50 will let it retrace its original path of 0.62!
I think if look back previously, Huaan chosed to be listed in Malaysia instead of Singapore because here we offer PE 6-8, Singapore below 6, currently it’s still too early to tell about Q3 & Q4 EPS, so i think Huaan probably will not move higher, above 50cents unless very sure about Q3 & Q4. Anyway it’s just my thought..
Gohaks, Honk Kong not Singapore, PE valuation has nothing to do with the bursa choice. Suggest you read more on Huaan historical decision. .tomorrow guessing all the way to 0.525.
maybe because of China factor the PE is low -_____- so many other china stocks in bursa low PE..compared to peers which are around 10x pe. perhaps should view the upside conservatively
Gohoks, maybe there was some misunderstanding here. This statment is old and outdated, anyway, the good thing here is that at that time 2008, with net profit if only about 37 millions the share value was RM1.5. Thanks for sharing.
Anyway, Keith is making assumption on Q3 & Q4 EPS, nobody knows at this moment, as I said earlier, this will probably determine the share price, which going north or south, EPS for Q1 & Q2 probably around 5cents ( my guess, maybe wrong) good luck to all.
KUALA LUMPUR: The steps taken by the new Pakatan Harapan government to remove political uncertainty, including the setting up of the Council of Eminent Persons, will see more fund flowing into the country.
Aberdeen Asset Management Chief Executive Officer Martin Gilbert said the country's economic environment is positive compared with the situation before the recently concluded 14th General Election.
"Generally, it is good news. Following the establishment of the council, which includes the former Bank Negara Malaysia governor, both foreign and local fund managers are reassured of a stable economy," he told reporters after the meeting between Tan Sri Zeti Akhtar Aziz and 180 fund managers here today.
Gilbert said the meeting was very useful with the world's longest serving central bank governor giving her input on the current economic issues in Malaysia, plans going forward and her role in the council.
"With her knowledge of the financial markets, I think this will make global asset managers look more closely at Malaysia going forward," he said.
Asked on rating agencies' concern on Malaysia's ability to fill the revenue gap without the Goods and Services Tax, he said these agencies would have to look at the economy as a whole.
"The great thing for Malaysia is that all of the (economic) dynamics and growth are good.
"However, we will have to wait for the government's plans," he added.
Aberdeen Asset Management has US$800 billion (US$1 = RM3.95) assets under management, with US$5 billion invested in Malaysia. -- BERNAMA
I think gohock is right, there is an old articles about the interview of huaan MD when they 1st come to malaysia, written there they choose malaysia rather than sg/hk becos of higher pe given
ohh. so high production favor huaan. but the current price reflected the true price already? or will corrected today? this huaan tend to have many people take profit so make it high resistance to rise
Coke future price now RMB2,121. This is very important to insure average price for Q2 to remain above RMB2,000. Hope this price hold or exeed for all May and June.
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....
winmxaa
170 posts
Posted by winmxaa > 2018-05-15 15:43 | Report Abuse
earn 10%, sold