Also for their recent expenditure for expansion into real estate, lower aggregate earnings for the quarter is expected if I'm not mistaken. Still sold off; just like pure rumours of taper caused it to sell off one day.
from a reliable financial status of plc,penang dynaqst spg,it show that weida has cash >rm2,nta >rm2,eps >18 cents,de ratio .3,most important the combine rating is 5.5,but why the share trade below the cash?????
Sarawak based is MFG of HDPE engineering product,trading of water storage tanks and chemical tanks,construction of telecom. tower and then leased to Celcom,Digi,Maxis ,also propertied development.
In early FY13,Weida has diposed the money-losing Plantation business to TH Plant for 151M(Furthermore,the Plantation is not a significant contributor to the group),nonetheless this disposal has strenghten the balance-sheet, as at 4QFY13,Weida is a net cash company.
Although the estimated FY13 EPS is fell to 14.5sen,but FY14 is expected to rise to >18sen.
i think they still have RM 79m big debt and some receivables also resembling that value...this company still owe tooooooo much even after selling plantation to TH !!!
a great qtr for Weida, FY eps at 17.8sen, PE works out to be 9x Will do better following as they recognize profits for their maiden project, Urbana residence Ara Damansara which is >90% taken up. Upcoming project in Mont' Kiara should see strong take up rate.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3249 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
tjhldg
27,218 posts
Posted by tjhldg > 2013-11-12 01:18 | Report Abuse
buy back 100 shares , no brokerage ? really chiat pah bo su cho .