Hsplant full year will be out somewhere in mid feb and it will be much higher than the previous quarter with cpo still maintaining at 3200.. their next quarter result will be around 8 sen which give them 32 sen full quarter and base on PE of 10 ... their target price will be RM3.20...=) Besides their dividend per year is around 17 to 20 sen..
In addition, their net cash increases from 7 sen to 14 sen.. almost double... borrowing has also decreases.. The company is hoarding their cash might be for future expansion or on return as dividend for investors...
As I recommended thplant and kmloong, and both have already gone up, maybe the next will be hsplant.. However, i still have further upside and confident on kmloong too.. Thus, i remain buy call for HSPLANT..
FYI: Invest in your own risk.. Just an opinion to share with..=)
Im not sure, but 2Q result going to announce soon.. My personal think, profit of plantation stock will drag overall drop with the reason lowest IPO price if compare with year 2011, increase of cost operation such as fertilize, min wages going to implement soon and plantation stock never adjust since year 2010 until July 2012.
Any idea why they threw at such a low price? Was there any swap activities among those institution? Somebody put a buy order ar 19.22 n somebody sell 1 lot at tat price. Then everything back 2 normal. This make those sharks v.happy but at the same time save lots of people.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3131 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
kb80
1 posts
Posted by kb80 > 2011-03-30 21:14 | Report Abuse
recommend to buy. potential!!!!