Cash rich...RM0.87 per share. Will retest RM 2.10-RM2.30 level.... Expect higher dividen this year........ Quarterly report soon....end of the month!!!!
Bad news for FIMACOR and KFIMA. PKN is FIMARCOR's subsidiary company.
Datasonic Group Bhd will take on the role as the main contractor for Malaysian passports, supplying the booklets as well as the datapages with microchips to the Immigration Department from Dec 1, 2016.Currently, the group is the sub-contractor for Percetakan Keselamatan Nasional Sdn Bhd (PKN).
Printing of passports,etc only small matter. Today ...everything paperless!!! Doubt printing of securities contribute much to the company's earnings! KFima is highly undervalue....cashrich...... Can afford to give 9 cents dividend!!!
Anyway, because its cash rich, it is now proposing share buybacks!
It's a net cash pile company with low utilisation of liquid asset, kfima has historically been conservative, even with the proposed 10% share buyback. I can bet they will not by any circumstance fully utilise 10%.
KFIMA is definitely undervalued without catalyst, catalyst being positive news to the investment community. KFIMA have to engage analysts and share more exciting news, now that's catalyst.
Have confidence low...even owner exercise option take up share mah..!! Main objective is to take the div of rm 0.09....that's means the passport contract lost to datasonic may not be so much impact loh..!!
Minus 9 cents.....if ex only 1.83 Dear Management... .......please look into it!!! ........quickly propose bonus, share split n free warrants... ...........something like FIMACORP !!!!
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....
yfchong
5,863 posts
Posted by yfchong > 2016-04-20 18:58 | Report Abuse
Must yes lah..