If the company makes over 4 sen again the previous quarter, total earnings for the year will come up to over 13 sen per share. This translates to a PE of less than 4.5.
I prefer they retain the company's earnings to expand and acquire more landbanks to produce consistent inflow of future revenue to maintain their incredible earnings improvement for company's good. Don't need to rush for dividends first :)
Not LG cheaper only but they plenty of others cheaper stock. Normally malaysia cheaper stock won't rise so fast like Dow jones stock. Because malaysia market so small only.
Dun be unduly worried lah. With or without the loan stock, its pe will still dip below 10 albeit less attractive with the former acts as a hindrance to the upside.
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Bravo
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Posted by Bravo > 2014-05-07 14:38 | Report Abuse
huge road block again :(