q-o-q earnings almost flat at RM15.4m, 2 sen EPS. 9m EPS 5sen. Assuming that it can sustain earnings for Q4, then FY12 EPS is estimated at 7sen...Based on current price of 0.685, trading at 9.8x PER FY12. Assuming a 12x PER, worth 84sen on FY12 earnings. FY13 should be better...
Posted by minitrader > Nov 30, 2012 06:55 PM | Report Abuse X
q-o-q earnings almost flat at RM15.4m, 2 sen EPS. 9m EPS 5sen. Assuming that it can sustain earnings for Q4, then FY12 EPS is estimated at 7sen...Based on current price of 0.685, trading at 9.8x PER FY12. Assuming a 12x PER, worth 84sen on FY12 earnings. FY13 should be better...
Not a surprising news and the share price wss shown It value already. If next monday our market green than the Price will maintain and if market turn red.. It also will fall. (just My 2 cents)
Think the host made fatal mistake, result just released with EPS 150% but the price move down this morning & only closed up half sen at 1230pm, indirectly telling the investor not to invest this stock ~~~
Bought 50k @ RM0.56 on 27/8 & sold all on 25/10 AT RM 0.68 even though many predicted TP at that time was RM 1.10. Don't take the published TP at face value, always give it a discount consideration especially when there is a profit already! Want to buy a million shares & wait like Buffet, not on speculative shares like this.
When I notice it (or rather I 'd say paid attention to it) not many people talked enthusiastically about it with the feverish euphoria about a month ago. It was, I believe this type of euphoria that attract many to take positions. If I were one of those directors holding large chunks of shares I'd without doubt gradually let go & make some if not handsome profit. Prior to that I might even able to pay people to write more good news about the company. So investors, always remember the principle of caveat emptor.
I dare not recommend lest I may be despised at later on. But for the record (BEWARE! This is not a recommendation to buy, if u do, do so at ur own risk) I bought 50k Redtone last month @ RM 0.37, still holding & ready to let go after the coming window dressing irregardless of win or lose.
U can't make quick bucks from this counter under current mkt conditions. U have to go long and knowing the good fundamentals of the stock, buy on weakness. Some of us expect to make quick bucks thru contra. Not always fren...In a bull mkt, yes. Not otherwise...My best advice is..buy for long term.
Lawrence Kwan...try adopt a "switch strategy" when your stock underperforms. Adopt a cut loss point, say 3-5,% when price drops. Sometimes we tend to brood too much and get sentimental over a loss-making stock. We tend to sit on it for too long, even a year, as in your case. Remember, there are many good stocks out. The timing of buying and selling is important, though it's easier said than done. TPs may be high but that only serve as guidance.TPs are not achieved in a short period of time. Analysts would set TPs based on next year's earnings or even 2 years from now. Can we wait that long? Not for me. Price may shoot on release of any good announcement and that's the time to quit. To me, I'm not a long term investor. I trade on short-term basis becoz we don't know what's the future would be. The underlying fundamantal of a stock may be good, but things may change for the worse too.
Analysts are perceived too be smart ppl in the stock market.They set TPs at their own whimps n fancies, using these and that assumptions to support their projections. They are not always right though. Price tends to move ahead of the official reports...more likely from insider infor. Whatever informations they obtained from management are conveyed to their dealing teams. If the stock is good, they'd buy first ahead before release of the official write-up. We only get second news, sometimes third-hand. By the time share price shoots up, reports are release. So, what we get are stale news. The TPs are more long-term than short-term.
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....
hlpang
80 posts
Posted by hlpang > 2012-11-30 16:21 | Report Abuse
阿庄完全控盘。。。誓死守盘。。。不排除拉高等年报出炉一起出货。