==> 501 acres of land, joint development with GDV of rm10 billion over 15 years.
Eyeing 20% profit to the company = rm2 billion / 15 years = average rm133 million/year
Current shares = 246 million Proposed 30% private placement = 74 million
Shares after 30% pp fully subscribed = 320 million
Warrant B = 18 million
Shares after WB fully converted = 338 million
Free Warrant C to be issued = 49 million
Shares after WC fully converted = 387 million
Fully diluted EPS contributed by this rm10 billion project alone = 133/387 = 34.37 sen
Add in EPS from existing tiles business with double current capacity and other projects is how much?
If EPS per year is stable at 50 sen: When price = 1.50 then PE = 3 When price = 3.00 then PE = 6 When price = 6.00 then PE = 12 When price = 10.00 then PE = 20
And the Warrant C is given free to current shareholders of the 246 million shares, conversion price = rm1.00.
When price = 1.50 then WC price at zero premium zero discount = 0.50 When price = 3.00 then WC price at zero premium zero discount = 2.00 When price = 6.00 then WC price at zero premium zero discount = 5.00 When price = 10.00 then WC price at zero premium zero discount = 9.00
With EPS of 50 sen, company can easily pay dividend of 15-25 sen per year.
When price = 1.50 then DY (15 sen) = 10% When price = 3.00 then DY (15 sen) = 5% When price = 6.00 then DY (15 sen) = 2.5% When price = 10.00 then DY (15 sen) = 1.5%
When price = 1.50 then DY (25 sen) = 16.67% When price = 3.00 then DY (25 sen) = 8.33% When price = 6.00 then DY (25 sen) = 4.17% When price = 10.00 then DY (25 sen) = 2.5%
If this dividend amount is really achived, you'll get guaranteed return of at least 10% per year from the dividend alone if you buy it at 1.50.
Over the past 2 months, we saw short term people selling and long term people accumulating. Now majority of the shares are in the hand of major shareholders and long term investors, the short term players are in minority position. When hopefully fund managers come in soon, most of the shares will be in the hand of long term holding. Expect the share price to stabilized and move in tandem with its earning track.
Ekovest have over 12.7B on hand... The price also die & die , not more power climb up la... U think seacera have so easy mer? Over 15 years development GDV 10B only.. U think any development don't need money or cost?
It is absolutely make sense . It's good time to buy now. Tommorow I will queue in to buy a big volume since it there is free warrant C given when buy Seacera mother.
Seacera have joint development la.. all have half profit lo.. 15 years joint development 10B 1 years only finish 660m project, in Qr only 160m project More construction profit only 20%, in joint development so got 16m profit for Seacera Seacera add all shares have 400m .. so EPS in QR only 2.5sen, 1year only EPS 10sen How Seacera can fly high n high ler?
This not add any bad delay project and bad market selling.. All thing have don't look so easy la... Project is not money Games la .. have also not 100% guarantee profit in pocket lo.. haiz...
Seacera have joint development la.. all have half profit lo.. Seacera是与人家联营发展,盈利都会平分 15 years joint development 10B 15年发展联营100亿 1 years only finish 660m project, in Qr only 160m project 每一年平均6.6亿工程完成,每个季度才1.6亿工程 More construction profit only 20%, in joint development so got 16m profit for Seacera 大部分工程盈利20%左右,那么Seacera获得也许不到1600万盈利 Seacera add all shares have 400m .. so EPS in QR only 2.5sen, 1year only EPS 10sen 已Seacera转换凭单及母股..大致上4亿股,扣除一切开销应该会低过1000万净利,大约每股净利可能会低过EPS 2.5分,全年最多每股10分 How Seacera can fly high n high ler? 这那么低的EPS,Seacera又如何飞高呢?
This not add any bad delay project and bad market selling.. 这里还没包括任何不良的延迟工程和不良的市场竞争需求.. All thing have don't look so easy la... 别把事情看的如此简单啦.. Project is not money Games la .. have also not 100% guarantee profit in pocket lo.. haiz... 它是工程不是金钱游戏啦..不是所有的工程拥有100%保障盈利进袋的咯..害..
bank gave technical buy call few times and seacera syndicate die die pressed it down..haha..I really fed up with those cunning syndicate..so stingy and calculative. play yourself la. I quit until it drops to 1.20.
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....
John Yap
67 posts
Posted by John Yap > 2017-07-06 10:17 | Report Abuse
OMG ... my capital price is 1.60 :(