seeing the financial stats... PE = 4.18, NTA = 0.74. I think... this is one undervalued share. Another plus.... the price is near the support line and there is a pre-reverse up sign.
Dont just buy based on PE. Research the reason for the low PE, it was due to a one off RM11m gain due to disposal of one of its PPE... it is not recurring...Excluding this gain, the TTM PE is more like 18x.. not undervalued at all....
Very good results. U compare this quarter to last quarter. Dont compare corresponding results. Because 2013 3rd quarter results is so good because the company sold their property. .
still profitable, not loss.... normal what, we also have to sell other counter to pay loss in another counter, but we still in the market... as long as market is there, so do the business, cheers... :) :)
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....
Calvin Chong
52 posts
Posted by Calvin Chong > 2014-11-18 10:33 | Report Abuse
did they annouced the 3Q result already?