hey, i just found out that -_- fong siling is the top 30 shareholder of this counter...
i remember last few months , he recommend century and freight.
now i think back..of course he recommended the lousy 1 la, and keep the best hidden for himself until he done collecting, then only he publish it , what a croc!!
now.. he might have recommended tasco, do correct me if im wrong :)
Low profit margin is not a big problem as long as the volume is high and consistently high. ROE 11% is good and hopefully gets better. Will increase by 2,000 shares if up 3%.
With multi Japanese companies logistic undertaken and expand,profit reap in will definitely be boosted in the long run. Unless economy tumble or any severe ties with Japan,With current PM economic should be quite sustainnable !
Final dividend will likely to announce soon together with the quarter results ! Quite optimistic and credible as the GDP registered better than expected at 6.2 % a few days before .
EPS almost 10 cents , quite credible and justify with the price , but the dividend should run parallel going forward .
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Wong Ning
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Posted by Wong Ning > 2011-11-11 10:04 | Report Abuse
wong ning.around 1.50 can collect,above 1.65 remember sell yah,gd luck . must satify with what u gain loh,haha...