Speculation fever on bursa started last week. Speculative counters will be targeted. Make hay when the sun is up but don't get caught with your pants down. Be smart, and don't be greedy!
can start collect now but dont dump all ur bullet in in case insider ghost still yet to use all the profit making earlier. ready to enter again when volume started..
this stock is worth 48sen at most.. after doing a considerably thorough homework, it is actually quite disappointing to me as I first thought it was worth investing... sigh... need to move on to look for another good counter... good luck guys..
Izam_mahathir, pls don't act like you are a fundamental master... i am investing, not speculating... l have done sufficient research on its current and future business outlook/prospect... let me ask you, do you think this year's EPS will likely exceed 6-7sen? I don't think so... and let me ask you again, SYF is claiming that they are diversifying into property sector and is claiming that they will generate some 100Million worth of revenue each year from property sector... but do you know that last year SYF already generated RM242.3 million revenue from property sector? (I bet you don't know about this as you seem to be one who claims to be a fundamental investor but actually lacks of doing research)... this means what? The property sector will contribute less revenue (only around RM100 million as compared to last year's RM242.3 million revenue)... less profit and less EPS for sure...
And the next thing is about their existing business - particle board, MDF and furniture... do you think they can compete with big players like Evergreen Fibreboard? Evergreen has excellent management team in coping with cost saving and they have sufficient production volume to control their cost....
So please stop acting like a fundamental sifu.. u make me sick the whole morning (luckily I just had my breakfast else i wont have any appetite to eat anything)...
and by taking the annualized 6 sen EPS, with PE around 8 (for this kind of small cap without any good revenue/profit record in the past, PE of 8 is considered high).. it is worth 48 sen... come on.... is this called speculation? mind your words, please...
i would foresee the next few years its revenue and profit will deteriorate instead of improve... why? pls just look around you, do you think now property can sell good? there are bubbles everywhere and the property is overpriced is most of the areas... in fact, there is no such demand... (see Selangor and Penang..) now those investors are only holding them but could not find any buyers... outlook for property will be bad for the upcoming 3-5 years.. just wake up man... over supply now and the property companies/investors still want to sell high... come on...
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Posted by bigbigboss > 2016-05-03 21:49 | Report Abuse
can start to collect and sell to 0.60 , hehe