Bro KSNg, sorry i am newbie, may i know - normally this TP or Target price refers to certain period or duration? for example within one week or one month? or just a general culculation?
i am using a conservative growth rate, it could be higher as the b/sheet looks fine with increasing revenue and profit. Debt to equity also had been reduced over the year. The imporatant factor here is GROWTH, and i think L&G has that. That's no definite answer whether the price will move to that level at a definite time, this is merely to reflect that L&G should worth minimum of the calculated value. Take it as just a guide. Bro Boonchai
happy to sold off all my (few lots) of L&G, my investment in property is only IJMLand. There is few reasons to sell of because these properties stock are too hot and the present move to try to pass the H law that bring the risk to the market. The H law is passed can be huge impact to market!
FY13 ended 31.3.14 should pass 100 mil through my research n with low valuation n PE n also high turnover lately . That mean many investor r collecting it with confidence too. Target price will pass 80 cts soon . Hopefully by end May announcing financial result
hahaha u all dont disappointed la.. see the wave for previous 2 months, one wave better than the other.. slowly slowly la.. at least i ride on the previous wave, nice! just wait for next wave
another expected better Qtr result coming on stream in May 2014.....So its share price may even go higher and higher. This is only a minor correction or retracement after the gap up yesterday! So better don't buy gap up shares as the risks are much higher!
I believe the fair value of this share is somewhere around 90 cents to 1.00..that said, if you have a house worth 1 million, will you sell it for 1st lion and get through the trouble of looking for another house?
I'm involved in this counter since .43 exited once when it was .49 due to personal issue but reenteronce it hit .48..holding till now. Close to 40% gain in less than 5 months.
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 14844 views | 13 d ago
0:43
M & A Value Partners IPO Equity Fund
MQ Trader 4793 views | 1 mo ago
0:16
MQ Market Updates - 3 September 2024
MQ Trader 140 views | 23 h ago
0:15
MQ Market Updates - 2 September 2024
MQ Trader 116 views | 1 d ago
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!
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....
Johnnys
759 posts
Posted by Johnnys > 2014-04-21 09:42 | Report Abuse
What is TP?