guys, hold this stock... tremendous catalyst upside.. personally not so bullish like AYAM TUA/ optimus, but...
(i) tiles - new capacity and plant - profit should be RM8m minimal (ii) construction - few backlog projects about RM150m - RM8m profit minimal (iii) properties - a few launching and new projects soon (iv) warisan merdeka - worth RM1.5b , 40% portion seacera , assuming pat margin of 10% = RM20m profit per year (v) electric fense - cash cow concession, one off contract construction at RM1b, assuming JV 50% - RM500m portion, seacera one off profit could be RM30m, maintenance could be RM5-10m
Add up everything.. profit could well be RM60-80m per year, however they might need to raise fund to do all these projects, so assuming rights issue and share cap double to 300m shares
you still get 50-180% upside from the price current here.. TP RM2
150-180%.. OO YA forgot to mention kajang lannd gdv RM3-5BILLION!!!! work that out, to your market cap and tell me, how much seacera should be? RM2.50 my tp
tunggu smpi Warisan merdeka siap... lepas warisan merdeka siap, seacera dah ada reputation bagus dlm construction.. boleh jadi company lebih besar seperti IJM masa akan dtg
the market capital is rm200mil. I think, it possible to be rm800mil if we win warisan merdeka. from warisan merdeka, he can earn profit contruction and high demand for tile...
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....
AyamTua
13,598 posts
Posted by AyamTua > 2014-07-01 14:52 | Report Abuse
kokokoko OF THE YEAR! ..kikiki