sklyte: Rm2.5 is easy.... 2 years ago, kenanga, hong leong said TP for Inari is Rm1.2... but today reach rm3... Seacera can earn EPS 30sen
market cap rm1.5bil is small for high reputation company (if we completed Warisan Merdeka).. Seacera business is very unique... he produce tile is not just for public...but for its own project and development like Kajang, Warisan merdeka, MAHB
Sklyte: now market cap is 200mil... next right issue worth 400mil for warisan merdeka... 200mil + 400mil = 600mil... You only expect 700mil capital after right issue...Please do calculation better la bro....
easy.. park money, be patient, wait 1-2 years, then open computer.. boom! $2.50 kikiki like Oracle of Bursa says, no warisan merdekat? no electric fence? RM2.00 ... because many other things SEACERA has in his bag .. dont worry, bla bla gramham nett nett.. ebitda bla bla, free cash flow bla bla - ding dong ding dong - 1 or 2 years..
I Learned from Inari Experience... back to 1 year ago, Inari price was rm1.2... i earned big profit from Inari... and the price increase to 1.6 and then rm2.0 very quick. So I was scare with massive increase.. So i slowly sell some of my Inari... I know the price can hit Rm3.5 in 2 years, but I scare with the massive increase..
Now, with seacera, no more slowly sell... TP is rm5... I just hold till the price reach rm3.5-rm4.5...
It had entered into a MOU with intelligent Fence Sdn Bhd to bid for a project to build and operate an electric security fence along Malaysia Thai border.
It has also ventured into the construction , property development and building material industries as well.
In Jan 2014, it acquired a 60% stake in SPAZ Sdn Bhd for rm3 million to make inroads into the construction sector. It had bagged a road construction project in Kelantan worth rm20.3 million.
It has also 500 acres in Sungai Long, Cheras with an estimated GDV of rm3 billion waiting to be developed.
The company had partnered two of China’s largest construction companies – Sinohydro Corp Ltd and Shanghai Construction Group Co Ltd – to bid for the 118 storey Warisan Merdeka.
SPZA has been in the construction for more than 20 years and has projects in hand that are worth rm350 million.
On June 2014, it had entered into a MOU with SPAZ, Sinohydro and Shanghai Construction to bid for the construction of Warisan Merdeka.
The pre qualified parties for the rm3 billion project are expected to be announced as early as July 2014. The tower is due for completion in 2018.
Seacera is bidding for the super structure of the project, not all of it, which is estimated to cost about rm1 billion to rm1.5 billion. The four parties will forms a JV or consortium if they get past the pre qualification stage.
International players will hold a dominant stake of 60% in the project while the local contractors will hold 40%.
In terms of funding of the mega projects, Seacera will not have a problem because it had completed two private placements and a rights issue.
Seacera is also looking at making property development a major part of its business, seeing that has a total of 570 acres in Cheras, Perak and Melaka.
Seacera bought the 250 acres in 2007. The value of the tract had doubled since Seacera had bought it. Once this development begins, expect a contribution of about rm300 million per annum for the next 10 years.
The group aims to be a big property developer.
Seacera has proposed to buy a 37 acre tract in Sri Alai, Meleka for m32.7 million and has 33 acre tract in Kamunting, Perak, where it plans to relocate its tile operation from Selayang.
On the company building material division, its tile business will remain the chief contributor to earnings. It had invested rm15 million in capex.
Its CEO sees Seacera becoming a property cum construction company in the next five years from 2014.
nana88 I know that you are still holding Seacera like me and i have advised you to set a Trailing Stop to try and ride on the profits as long as possible.
But Seacera hit a high of $1.18 today and formed a Doji Star at top and this normally imply Price Reversal. Even though it still need tomorrow candle to confirm the reversal but i might be start selling if $1.18 can not be taken out.If it can take out $1.18 i will still ride on it. I have also raise my Trailing Stop at $1.16 to protect my profits.
The counter is still very bullish but i trade differently and does not like to go through any big pull back.Do make your own decision as my cost could be much lower than yours as i bought in Seacera before breakout.So do set your own exit point OK?
Security fence... govt bear rm55bil a year smuggling at malaysia thai border. security fence only cost rm5bil.... security fence project highly likely to be proceed
I Learned from Inari Experience... back to 1 year ago, Inari price was rm1.2... i earned big profit from Inari... and the price increase to 1.6 and then rm2.0 very quick. So I was scare with massive increase.. So i slowly sell some of my Inari... I know the price can hit Rm3.5 in 2 years, but I scare with the massive increase..
Now, with seacera, no more slowly sell... TP is rm5... I just hold till the price reach rm3.5-rm4.5...
It had entered into a MOU with intelligent Fence Sdn Bhd to bid for a project to build and operate an electric security fence along Malaysia Thai border.
It has also ventured into the construction , property development and building material industries as well.
In Jan 2014, it acquired a 60% stake in SPAZ Sdn Bhd for rm3 million to make inroads into the construction sector. It had bagged a road construction project in Kelantan worth rm20.3 million.
It has also 500 acres in Sungai Long, Cheras with an estimated GDV of rm3 billion waiting to be developed.
The company had partnered two of China’s largest construction companies – Sinohydro Corp Ltd and Shanghai Construction Group Co Ltd – to bid for the 118 storey Warisan Merdeka.
SPZA has been in the construction for more than 20 years and has projects in hand that are worth rm350 million.
On June 2014, it had entered into a MOU with SPAZ, Sinohydro and Shanghai Construction to bid for the construction of Warisan Merdeka.
The pre qualified parties for the rm3 billion project are expected to be announced as early as July 2014. The tower is due for completion in 2018.
Seacera is bidding for the super structure of the project, not all of it, which is estimated to cost about rm1 billion to rm1.5 billion. The four parties will forms a JV or consortium if they get past the pre qualification stage.
International players will hold a dominant stake of 60% in the project while the local contractors will hold 40%.
In terms of funding of the mega projects, Seacera will not have a problem because it had completed two private placements and a rights issue.
Seacera is also looking at making property development a major part of its business, seeing that has a total of 570 acres in Cheras, Perak and Melaka.
Seacera bought the 250 acres in 2007. The value of the tract had doubled since Seacera had bought it. Once this development begins, expect a contribution of about rm300 million per annum for the next 10 years.
The group aims to be a big property developer.
Seacera has proposed to buy a 37 acre tract in Sri Alai, Meleka for m32.7 million and has 33 acre tract in Kamunting, Perak, where it plans to relocate its tile operation from Selayang.
On the company building material division, its tile business will remain the chief contributor to earnings. It had invested rm15 million in capex.
Its CEO sees Seacera becoming a property cum construction company in the next five years from 2014.
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....
pilindo
867 posts
Posted by pilindo > 2014-07-02 12:58 | Report Abuse
sklyte: Rm2.5 is easy.... 2 years ago, kenanga, hong leong said TP for Inari is Rm1.2... but today reach rm3... Seacera can earn EPS 30sen
market cap rm1.5bil is small for high reputation company (if we completed Warisan Merdeka).. Seacera business is very unique... he produce tile is not just for public...but for its own project and development like Kajang, Warisan merdeka, MAHB