Haida123 Thanks for the support. I believe CaiShenYe is referring to TA being involved in investments which at times have caused losses. For that reason I believe the p/e is extremely low.
Investors are being cautious but people should realize that the structure is much more solid now and TA is receiving steady income from its well diversified portfolio. Going forward the next two quarters hopefully will show a solid 2017.
Should go up to at least RM 1.00 before the announcement of the next quarterly result and if the third quarter profit is as good, it should go up by a further 20 to 30%. Just be patient, don't sell too early.
Those keen to invest in TA better act fast before it goes up further. Just bought another 12,000 shares early this morning at 67 sen. Average price now around 61 sen. Hahahahaha. Hope it can touch RM1.00 before end of Nov.
Based on the above valuation metrics, we can observed both stocks are trading at extremely cheap valuations, and thus presents an attractive investment for investors looking for value.
Both stocks qualify as earnings-based play - low P/E and assets-based play - low P/BV.
A look at their balance sheets, you will notice that there is much hidden value yet to be reflected in their respective share price. For instance, Insas's 20% stake in Inari (latest market cap - RM5,116million) alone translates to RM1.39 per share, above their current share price of 1.02. On top of that, Insas owns Ho Hup (13%), Omesti (10%) and SYF Resources (9%) - all recorded at BV in the balance sheet, in addition to cash & cash equivalents of RM0.72 per share.
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....
tksw
12,858 posts
Posted by tksw > 2017-08-26 16:28 | Report Abuse
Keith Han sifu, TA will shoot up after it reached RM1 , kakaka