Do take note L&G pbt is above 30% & pat is 27% on YTD. It is one of the best in property industry. As long as the next 2 quarters is good or maintain at current level, we can kiss goodbye to 50 cents.
Iculs (self imprisonment) & institutional investors (a lot of them in top 30) are roadblocks for this beautiful daughter. Till then, stay tuned.
Those who have sold L&G after the announcement of its financial results must have regretted. The company only needs to make another 4.4 sen per share during the next 6 months and its total earnings per share would come up to 10 sen per share for the whole year. A PE of 6 would have catapulted its share price to 60 sen a share. Its NTA is 73 sen per share and it is cash rich.
Base on today closing , PE still very low : 3.7 times . The chart indication of MACD just climb up a bit for the 1st day , the MACD mountain show few more day to climbing ......
RSI is now at 72.727 ,.. any problem affectec the future movement,.. up or down.. or not related at this kind of moment??? somebody know to commment on this...... thks
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 820 views | 5 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!
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....
Jeff Wong
131 posts
Posted by Jeff Wong > 2013-12-01 03:50 | Report Abuse
Can buy now due more upside.