"The year 2016 will likely remains challenging as there is remain uncertainty which is the greatest threat to the world economy at the present with the fall in worldwide crude oil price, escalation of costs due to inflation, volatility of global steel price and fluctuation of exchange rates."
With OPEC reducing oil output by 1.5mil barrels a day, oil prices should go up. I guess our downside is now covered =)
i removed my previous statement.. shouldn't talk like that of me..
well, unimech a prudent management team.. ceo is a very hardworking man.. the current economic climate is the cocern, this is out of the hands of the management.. but everything is under control.. debts are well managed. just it's a race against time due to its iculs. i do like unimech a lot.
"TSH shall pay 40 sen for each scheme share, which shall be satisfied entirely via the issuance of new ordinary shares of 50 sen each in TSH at an issue price of RM1.92,"
Ekowood is TSH subsidiary 67% owner. Almost all their directors is the same. Office also same building, ie it will 100% go through, question now is what is your breakeven for TSH share.
TSH is plantation company, great last 3 quarters, don't see how final year any diff. As its a subsidiary, 100% of the profit or loss is already consolidated into TSH accounts and the acquisition of company is below book value, so its only going to increase the value of TSH.
Base on this few current quarters we got EPS=10sen(let say 4th quarter eps we got 2sen), so we will have PE=11 at current price. any sifu here can advise this is consider high or low for now?
I believe Unimech is good company and very conservative.,, it is just a matter of time to break 1.20 and soon..,look like very soon., with so many counter breaking record high for the year.., WcT., Sendai etc..,
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....
Jon Choivo
3,668 posts
Posted by Jon Choivo > 2016-12-01 09:14 | Report Abuse
"The year 2016 will likely remains challenging as there is remain uncertainty which is the greatest threat to the world economy at the present with the fall in worldwide crude oil price, escalation of costs due to inflation, volatility of global steel price and fluctuation of exchange rates."
With OPEC reducing oil output by 1.5mil barrels a day, oil prices should go up. I guess our downside is now covered =)