I don't know where did you learn calculating PE ratio based on quarterly report... But please if you do not like the stock, keep your mouth (cunt) shut. If you are clever and making profit all the time, you would not be here making comments.
remembered i read this bone's blog, but not sure why it had been removed.
under the no par value regime, any amount standing credit at the company's share premium account and capital redemption reserve shall become part of the company's share capital. 24 months transition period to utilize these credit, so what are they going to do and let speculate, close eye bet ! further more this company has strong balance sheet and consistent profit past few years. once it starts rocket, more ppl will chase liao .. hehe
nvr think about my assumption faster n so accurate. more than 700 stock drop. but,ksl up?it is trying breakthrough 1.24 and tabung haji keep buying...u check the record la. anyway, bkful crisis ah..simple assumption.learn learn ah...haha...
When the management refuse to pay any dividend, you may guess they are not concerned abt the share price. They hv aldy known that the share price will not perform if they do not pay dividends..
This is a very good stock. It is the management who purposely not paying dividends. A lot of funds and retail investors look at dividend yields as one of their investment criteria. The major shareholders do this so that they can collect at low prices from the market.
instead of getting loan outside, the management was thinking using cash in hand to develop ksl city mall klang. so gearing will maintain at current level.
prop stocks are cyclical. so it makes sense to buy good ones when nobody is interested they will have > 5% of symlife soon, last time they only have <5% of ksl accumulation mode
But how come when they acquired Symlife last time, they didn't make any announcement...BUT KSL they make announcement Every time they acquire KSL stocks...????
One important thing to note is TH is getting more aggressive in acquisitions. Only six months already increased stake in KSL from 5 to 6.88%. So, don't be surprised when they started making acquisition announcements for symlife soon
Symlife will start to realize its 1 billion unbilled sales in the next few quarters, probably as soon as the QR next week, it's a big deal for a small cap with 300M shares outstanding. Estimated FY2018 earnings 0.15-0.20. Forward PE 6 to 4.5, with visibility of earnings next couple of years
KSL also good but will need to wait slightly longer until it's project in Klang is nearing completion. By then, more interest will come in regarding resumption of dividend and REIT. Could potentially see its share price doubled in a year or two. Currently, profits are used to finance the project with minimal or no borrowings. It's a feat, I would say because most developers take bridging loans for their projects
In all, both KSL and Symlife will highly likely to trade at higher price one year later. That's why you have institutional funds like TH coming in. Cheers
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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....
ConfortZone
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Posted by ConfortZone > 2017-06-30 11:19 | Report Abuse
I don't know where did you learn calculating PE ratio based on quarterly report... But please if you do not like the stock, keep your mouth (cunt) shut. If you are clever and making profit all the time, you would not be here making comments.