I also don't know when will be the best time. I like to share the following: "Like most investors, I frequently have difficulty to decide when to sell to make profit. The best time to sell is when I see that the company is showing reduced quarterly profit. If the company is showing increasing quarterly profit, I do not sell too early." Taken from "Basic Share Investment Philosophy" - Koon Yew Yin
LCTH 1st qtr financial result will be out either tomorrow or wednesday...It will determine whether it will continue rising or begin to fall like a brick...U will know ur fate by next week...i believe it will post a surprise 2-3 million net profit...wat do you think bro???
a pretty good set of results - they've managed to successfully control costs to churn out a profit (one of the key challenges in the business turnaround plan). let's see if LCTH can breach .30 tomorrow, before its up, up and away.
Based on 5 yr graph,first resistance at 23-24 sen well taken out. Next resistance at about 36-37 sen.Then all the way to 58-60 sen.Cash holding per share about 29 sen.Company has nearly RM100million in cash/equivalent.Much leaner operations now.
Lim is very inquisitive ( a good character) n should hv a wealth of knowledge by now. Surprisingly he acts like a newbie, probably just for the thrill in pretension. Hahaha.
LCTH's mother company Fu Yu closed with a big jump of + 20%, and highest was 28%! I love you mom! What next for the son? and I think the son should do even better tomorrow, or the day after tomorrow. just a matter of time. Good Luck to all!
ya yty Fu Yu rose almost 20% with high volume in SGX...Fundamental is improving as demand for plastic precision products are rising with full global economic recovery...i believe 2nd coming qtr LCTH sud report big jump in net profit with lower cost expenses...LCTH was trading ard 0.55-0.60 b4 they fell into 3 yrs of continuous losses last time...SO assuming if revenue and profit rises with smaller share outstanding now after d capital reduction last time, we sud arrive earat a price target of 0.50 by next year...Pls dun for LCTH ve a policy of declaring not less than 50% of its PAT(Profit After Tax) to frank dividend for sholders...i believe strong they will start declaring dividend 4 financial end 2014 with improving financial results and strong cashflow....Reiterate BUY with a TP of 0.50-0.60 in the long term...Also pls dun forget once their new factory in JB is ready by tis year, they will be able to secure more jobs and orders hence a revamp of profits in the making!!! LCTH is leaner and faster tis time...
Skpres and LCTH are very similar...Both doing d same business and also relying on one big customer...Recently Skpres is on uptrend due to better financial result and management oso pointed to a robust earning for FY15 due to increase in orders for plastic products as global economy is recovering...Let's do a quick comparison btw LCTH and Skpres now...SKP's NTA is only 0.24 while LCTH's NTA is 0.48...Cash per share of SKP is 0.10 while LCTH is 0.28...Both companies are zero gearing...SO which one do u think is better in terms of value??? Skpres is trading around 0.42 now with high volume while LCTH still sleeping ard 0.265 with small volume...What i am trying to point out is that Plastic companies will register very strong growth in coming mths due to increase demand for computer and electrical products...VS industry is a very good example of a bull run of plastic precision company...For me LCTH is the most undervalued plastic precision company in bursa in terms of value and financial strength...LCTH is much much more valuable than Skpres if u talk about balance sheet strength...I believe LCTH will soon play catch up with Skpres bullish share performance...Demand should pick up strongly when its new plant in JB is ready soon...LCTH is will the next SKPres!!!
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....
olddman
229 posts
Posted by olddman > 2014-05-08 17:33 | Report Abuse
how high can go..........wishes all good luck ....those not yet sell.