After the recent restructuring, pics is expected to make 12 million a year... P. E ratio will be less than 2...meaning you got back your invested capital in less than 2 years.
This implies the share will be up substantially. TP at 60 cents...
The Chan families after disposed of Harta packaging to the Japanese with a lot of cash on hand.....more interestingly...the few brothers are fully concentrated to rebuild the business.
A lot of people didn't aware China no longer competitive in this industry and this augur well for pccs in 2018 and onwards
It's rationale to expect good quarterly result to be released on next week when the company announcement an interim of one cent dividend two days ago.
We can expect at least another one cent of final dividend to be announced by last quarter of financial year.
After gone through the latest annual report, the new PCCS is in the making... The management is building trust and confident with the entire stakeholders...
The textile industry in developing countries is governed by the quota allocation in order to enjoy the tax incentive.
Pccs need to export to USA and Europe markets via Cambodia for the above reason. All financial accounts will then be consolidated back to Malaysia for tax planning purposes. You can't read it separately
I expect another 1cent of final dividend and making a total of 2 cents of dividend payment for this fiscal year, representing 6.67% of dividend yield if based on share price of 30 cents.
>kasinathan The textile industry in developing countries is governed by the quota allocation in order to enjoy the tax incentive.
Pccs need to export to USA and Europe markets via Cambodia for the above reason. All financial accounts will then be consolidated back to Malaysia for tax planning purposes. You can't read it separately
Yes, i know, i just curious only...i read back previous year annual report and it mentioned weak of contribution from Cambodia, that why i lined down whether any strategies to mitigate the issue... US export is good but now EU consider to assess the country's compliance with the human rights obligations that lie at the core of the EU-Cambodia preferential trade deal.
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....
kasinathan
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Posted by kasinathan > 2018-04-23 12:20 | Report Abuse
After the recent restructuring, pics is expected to make 12 million a year... P. E ratio will be less than 2...meaning you got back your invested capital in less than 2 years.
This implies the share will be up substantially. TP at 60 cents...