It's always a laggard. Good!!! Let's accumulate on weakness and build up like a pressure cooker waiting to burst! Awesome! Please keep the share price low!! Thanks!
The bank's recommended export-oriented stocks include high-yield counterfeit products (KOSSAN, 7153, motherboard health care group), Superbma (SUPERMX, 7106, motherboard health care group), Unison (UNISEM, 5005, motherboard technology group) and Baofa Resources (POHUAT, 7008, Main Board Consumer Products Service Group), and undervalued blue chips are Aton (AXIATA, 6888, Main Board Telecommunications Media Group).
Time to re-enter. They will announce their by month end, expect 2sen dividend. Together with the final 2sen dividend, to pay in May, total 4 sen is good cushion enough
Medium term furniture stocks looks better. Oil price down, US consumers have more disposable income. Another positive effect is the forex gain. At current crazy market scenario don’t expect any super stocks to perform well.
Given current USD/RM of 4.25, we should expect export counters to resume uptrend (assume no more black swam flying around). Corona virus in China has stabalised (I hope. I am not expert on it). Supply chain should return to normal after 1 or 2 months or so. The company is going to announce its 1q results, and expect to declare additional dividend. Assuming the company declare 7sen dividend, yield is 6%, which is a good cushion to the downtrend market. ROE of 13.80%; PE of 5.57x (as per quoted in i3)...
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....
cherry88
986 posts
Posted by cherry88 > 2020-02-24 09:50 | Report Abuse
good time to re-enter. I am back guys. RM/USD at RM4.21