my TP is around RM 1.8 +-, i got fren working there as a sales rep. All the region hit thier sales target for past few quater so wat the newspaper said is true. i will hold abit longer :)
This is a small cap stock, fund managers won't touch it, but the good pt. is even the market drops badly the company is still there doing business, making good profit and giving good div.
Yes i have some, i'll invest more, slow moving suitable for me, i'll time in such a way that i can collect the div. in three months time for my new investment, you see if it is 5% in three months which means 20% for a year.
my current holding is bought at a price below 1.20 so it should not be a problem for me, to buy more? the Q4 result must be good and the div. must be 8cts +
Michael, agreed with you. Sometime we also have to study the sales turn-over amount to determine a company cash flow strength. Both of them must balance enough to let's the business carry on. of course others factor will also effect a company making loss $$$. For this counter I'm personally quite confidence will go to +/-$2.00 for this 8mths. But awareness must be there also. if tak kena cabut !!
I look at FCF in this way if FCF is -ve for some years and EPS keeps decreasing or no profit at all, this indicates the comp. is going down hill, best is don't touch it, however, if ROE or EPS keeps increasing it may indicate that the -ve FCF is due to extra CAPEX so as to generate more profit, and that is growth. I hope Hua Yang is in the case. Just imagine if they don't buy new land and when the land bank is used up they have nothing to sell. Anyway, I feel that the Q4 result won't be far off and the EPS should be 30cts+
It has been mentioned in the other post ( LBS BINA ) that the net income should be higher than the consensus of 42M and the CEO said that the company is likely to pay the dividend more than last year 7.5 sen; hey yewkhian durian dropping !
yewkhian : what's is your tp price? my harvest at 1.55. pls advise aunloke : LBS the best buying rate is how mch? ard 0.75 will its possible right now ? pls advise
euscilyn : I have yet to buy LBS, I'm waiting for its 1Q result and watching it closely. If it is so good like what others said (with the extraordinary RM 1.00 per share, couple with good earning), even with 20 sen increase in price I'll still go in. If I want to buy now, I'll wait for some correction.
aunloke : actually i had book 0.75 till this Friday. If I can get it on this rate consider fair rate (no loss & gain). Yewkhian : TP RM 1.7+- a bit hard cause most of the investors sell on 1.60. Maybe take a bit longer to reach 1.70. However is a good counter. by the way what rate did you brought? I get on 1.19 (earn ard 0.30 if sell on 1.55)
euscilyn: wah u get it damn low :) me a bit high RM 1.35 +- seen u say like that mayb i sell off RM 1.58 ++ @ i mayb sell off if MBSB-WA hit below RM 1.2 +-
Looking forward it's like putting RM 1.43 ( 1.58-0.15 today's price ) for FY2013 earning, even the property sector slows down and the income drops by 20% the EPS will still be about 30 sen, and with the same payout ratio the dividend yield will still be more than 8%. Buy or not ? decide for yourself.
Close to secure land deal The group has a total undeveloped landbank of 764 acres with an estimated GDV of RM2.2bn as at June-12. We expect the group to announce major land purchases soon, in line with its proposed private placement which could raise gross proceeds of up to RM26.6mn (based on 14.4mn new placement shares and RM1.85 issue price). On the land banking strategy, management reiterated that the Klang Valley and Johor will remain as the key region to be focusing on. We expect the group to replenish at least RM400mn worth of GDV in FY13. Forecast No change to our FY13-15 earnings projections. Valuation Maintain our target price at RM3.03/share (ex-bonus: RM2.42/share), based on unchanged 5x CY13EPS. Maintain Buy.
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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....
Euscilyn
592 posts
Posted by Euscilyn > 2012-02-16 14:47 | Report Abuse
Almost time to buy in.