We vote Donald Trump as US President because he promised us with jobs if elected. If he does not keep promise can we revote and choose Hillary Clinton instead?
In making specific reference to the Malaysian Rubber Glove Manufacturer Association’s (Margma) call for an exemption from having to convert 75% of its export earnings to ringgit, he said BNM has already provided exporters to hold higher balances (with the central bank’s approval) to meet their obligations in foreign currency.
“Thus the request by Margma to reduce the conversion of foreign currency proceeds into ringgit from 75% to 50% is already addressed by BNM including the double conversion concern,” said Abdul Rahman in a statement yesterday.
ULiihen shares has been stagnating within a 30 cents range for quite some time despite steady growth even against troubled times. The share price now is undervalued by industry standards and it should rebound almost immediately after all dust has cleared. Maybe towards RM 4.
Liihen should achieve 40 sen full year. With such good profit growth, good dividend yield, strong cash flows generation, high return on equity, Liihen is due a rerating on its multiples. Let's take a P/E multiple of 10, this stock should be valued at 4.
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....
geoffreylee
96 posts
Posted by geoffreylee > 2016-12-01 16:13 | Report Abuse
shortinvestor77, compare to jaycorp?