4 more tradings days to get PW 5sen dividend and end 2013. PW has yet to sell any piece of land to give dividend. Imagine the amount of dividend they can give if finally sold hundred of acres of land they possess. Share price only a quarter of NTA still very cheap. Mari mari siapa cepat dia cepat.
Just imagine this 5 sen is interim dividend. What about belated ang paw for CNY after closing of full FY? So far splendid performance. This we dont even factor in potential land selling or future land revaluation. Still mahu tunggu???
Yeayyyy!!! Andygan, now you must lobby the PW towkey kuat kuat to ensure the final dividen after this interim dividen materialises. Then we can keep PW sampai CNY coming.
2014 cheerss!!!!! Hidup second bridge!!!!! Hidup ayam!!!!! Hidup PW!!!!! never played counter for dividend, this is the first one. With Andygan talking to owners on final dividend potential too, the only trend for PW price is up!
http://www.pwconsolidated.com/flash/index.html admin@pinwee.com.my, Tel : 604-5081088(General line) My PW friends if you have any comment or suggestion(final dividend or yearly dividend) need to inform management please refer to the e-mail address and tel no. I find out. I have more than 20 counters need to take care and a fulltime worker. After contact please inform here.
TP RM1-RM1.20 for PE10 to 12. Estimated 2013 EPS 10sen, forecast PE8 at current price, NTA 3.53, DY 5.95%. If there is land sale in future EPS will further increase.
Overall market is bad not only PW. Until PW report quarterly loss only I will be worried. Last 3 or 4 quarters still make profit. As demand for poultry likely to be stable I forecast PW can still make profit.
Agreed with n00bpelabur on your view coming CNY will make demand for chicken to increase. I like PW over other poultry stocks below RM1(eg CCK, Farmbes, TeoSeng, CAB, TPC, DBE) due to PW give quite attractive dividend. The famous poultry stock I owned before is KFC but since they have been privatised, I choose PW although it is not as well known. Although some forumers don't like PW because of high debt I think it is not bad as the debt is used for owning land which has increased sharply over the years as can be seen from the reported NTA.
Base on Annual Report 2012, 77% of PW shares is owned by top 30 shareholders meaning the stock is tightly owned. Perhaps PW should consider giving bonus or free warrant to improve liquidity to attract more buyers beside giving dividend.
Buy chicken counter like PW and buy more chicken product eg chicken rice, essence of chicken and fried chicken. Price still cheap compare to NTA RM3.53. 5sen dividend given also good(better than FD rate).
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....
hensemboy
128 posts
Posted by hensemboy > 2013-12-20 14:40 | Report Abuse
i hope only.hope is the only thing we can hold on to..hehe