Maxwellâ??s operations remain firmly supported by a strong balance sheet, backed by a NTA/share of 73 sen and a net cash/share of 48 sen as at end-September 2011.
Save as disclosed under notes A1, the Group’s effective tax rates for the current quarter and financial year-to-date were 25.2% and 26.2% respectively, which was higher than the statutory tax rate of 25%.
you must know the low PE stock can't be in the region of 40 sen..... it will break the resistance level. Profit is growing and the demand for sport shoes is increasing. Imagine that they already have fixed contract with the likes of Yonex and Fila. Current dividend yield stood at 8%+ and it should be improved this year with at least 9% to 10% since its profit for the FY 2011 has improved substantially. Look at the healthy balance sheet with huge cash reserve obtained from its operations. Once it begin look by other investors, the price would be above RM 1 dollar. It is also shariah compliant which bumi funds would be buying it.
totally oversold...... it will reap a dividend yield of at least 8%...... Maxwell has pledged a 20% dividend policy. collect it now...... will soon not able to sustain at this price anymore. This share have a net cash of more than 40 sen a share......
Most of the Chinese stock have 2.++ pe only, some believe that the stock earning involve creative accounting.. that y most of these stock have a very good earning trend... not sure how far this is true.
just released another stirling set of qtrly results. It's a shame that the counter is not well recognised. EPS for 9 mths stood at 14.23sen/share and NTA at 89sen per share.
in malaysia, FA isn't so important. Most important factor to be consider first is, who is the shareholder of the company... example Harvest, NIcorp, tiger and bla bla bla... there are a lot counter with great performance but share price were extreamly undervalued...
for unaudited 30 jun 2011 maxwell has 172,000,000 , yet interest received was 304,000. That's for 6 month, if 1 year= 608,000 . So 608,000/172,000,000 X 100 = 0.3534% . not more than 0.4% , wow , guiness world world of record.
better sell sell they're giving dividen just for baiting, it didn't work till now, may be it'll work then. However a lot of thing are chisy (fishy), so sell as much as u can
posby, 8 million shares? the highest volume is 2.58 million at 23rd nov 2012 !! did u add for days? special dividend? ridiculous special speculation there. Absolutely zero ideas, fr something which is not a clue at all, seems like u want it to go up, hoping huh? not now
they have cash 212 million now . the no of shares is 399 267 808. if they just give RM0.30 for each share, this will only cost them RM119780342.40 , so they will have cash remaining of RM 92219657.60 BUT they will not do it because i believe, they don't have that much money as they claim.
earning per share for latest 4th quarter was 5.24 cents , still no dividen , and u know what? today Maxwell share buy back at 29.5 cents for 1000 units , ha ha kelakarnya 1000 unit share buy back, kencing punya maxwell
seem like China counter cannot harap one...once bought, it keep drop...the financial report showing the 1st quarter result is not good...seem like will be trap for few months for this counter
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....
Siew Jian Bin
234 posts
Posted by Siew Jian Bin > 2011-07-10 11:50 | Report Abuse
I think now is the best time to buy Maxwell. Dividend yield more than 10% and PE less than 2!