WITH LOW PRICE... WAIT FOR CONVERT DIVIDEND =) AND GET MORE SHARE AND WAIT IT MANAGEMENT DO THEIR BEST.... HOPE COMPANY WILL BUY BACK THEIR SHARE OR PRIVATE =9
from Kenanga today: KSL (OPLeft-and-right arrow, TPLeft-and-right arrow at RM1.72). 9M15 NP of RM200m was within expectation by accounting for c.74% of our full-year estimate. While the group did not provide its sales data, we would not be surprised if its 9M15 number came below our expected full-year target of RM579.8m in view of the current challenging market condition. No Dividend was declared for the quarter. We estimate that KSL’s unbilled sales could be hovered at c.RM800m which provides the group 1-2 years of visibility. No change to our FY15/16 earnings forecast for now
The law of low numbers - the lower it goes, the more that it will go up. The KSL insider bangsats and their infernal werewolves are pushing the envelop and playing with fire. As I've said, KSL's price cannot drop too much against its very strong fundamentals no matter what the KSL insider bangsats and their infernal werewolves do, short of massive fraud ala Transmile. They can twiddle with the quarterly results because they are not audited...but there is a limit to this since they have to book all profits by the fourth quarter or risk a qualification by their auditors. Or the Auditors can close one eye - which is also possible, since the auditors are paid by them, but improbable.
Why cut loss? It just made RM50 million in 3rd quarter. It's PE for just 3 quarters is 6.4. and likely to dip to 5 or lower when 4th quarter results are in. Also paying dividends. DY should be > 7% this year unless they manipulate a loss in 4th Quarter! That's far better than FD! Even the werewolves will fear to raid it lower since the price is already low. Short of a massive fraud ala Transmile (in which case the KSL management will go to jail for a long time) the only way the price will go is UP! Those who cut loss are ....(fill in the blank)!
The Directors are raking in new shares via the DRP. Not sure how much they took dividend in cash though. That should give an indication as to value of shares.
If it breach 1.30, the next support is 1.20. If it breach 1.10 and below, it will be the biggest cheap sale of property stock in KLSE (if not even now!). Grab as much as you can!
haiyaa...no need to argue lorrr......good counter lorrr....if price cheap buy a bit lorrr.....if price go lower buy some more lorrr until rock bottom to average down lorrrr...than wait price to up lorrr...happy happy make money one worrrrr......haiyaaaa.....ha...ha...ha
CUTLOST. But where is the crisis?! Only crisis is the infernal werewolves raiding in collaboration with the KSL insider bangsats which have thrashed the price in the first place and made investors cautious. Look at Matrix. With weaker fundamentals but steady profits, its price is doing very well. And it's price has just begun an uptrend. Anyway you look at KSL, it's price has been thrashed by powerful insider interests! So we should beat them at their psychological game!
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....
lcng123
1,123 posts
Posted by lcng123 > 2015-11-28 00:27 | Report Abuse
they already gave 12sen so far, dividend yield 8.2% at current price of 1.45