Aiyo KJ, other counters gd results similar to prev qtrs, ppl expected dy. Who would expect 24c eps for this one otherwise price alrdy shot up2 lor! Luckily I me 4 (on top up) :-)
I am negative on crappy shares like iris or those garbage goreng share .. But seal with EPS 28 sen this quarter alone is quite good .. Revenue also tripled ..
Well SEAL seems to have seal it ..haha It will go on autopilot from here on.. Nice/incredible profit , increasing revenue .. It's in early state of transformation .. It also have timber concession ..
I think the mgmt have the entrepreneur spirit to get out from kedah and expend its revenue base .. It's a nice blend of "young" and old mgmt team .. Haven't check what the source of their excellent numbers /profit
Tommorow maybe "show time" for seal.. Everytime people mention show time I think about Macau haha Now PE only 2x with growth to both profit and revenue
It should move up. Just hold .. They mainly earn from property development . This quarter they earned profit before tax of $117m As a results of the latest results the cash & cash equalvalent increased from $52m to $113m. So if u do the math, 113m = 0.56 sen per share cash This have not factored in their property and business value. Net asset is 1.16 out of that 0.56 is in cash The value of their property which has not been revalued since donkey years If its revalued perhaps even higher.
Well my opinion is the show likely to continue.. Anyway this company which has over $100m in cash is also buying back shares.. Just Let it run .. and it will continue generate money like ATM If u kill the goose that lay the golden eggs like ATM machine .. Later u may regret So if u not in need of money / cash .. Hold first lo !
Quarterly report says prospect in coming quarter is good .... if that is true than that is good news
Prospect Barring unforeseen circumstances, the Board expects continued improvement in the Group's performance in the remaining quarter. The Group continues to focus on and enhance its main core business, while exploring for new resources to generate sustainable income.
Not sure who is buying or selling But this seal is the most attractive property stock since ecoworld.. At the same time it's most undervalued Just sit back and enjoy .... :) @@
Small capital base of 220m shares, with such a runaway financial performance, was expecting limits up like ECOWORLD, today,,,,,,,,,,,, At a price of RM 1.00, the PE will only be 3.17
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....
KJ Cheah
558 posts
Posted by KJ Cheah > 2014-05-30 17:57 | Report Abuse
good quarter result but recently good result will cause price drop, let's see by next monday