Receive dividend today because using nominee account which delay for few days. So PW does have money to pay dividend and not a "con" company. Major shareholder Siah Gim Eng is still not selling any share so no bubble is detected. If compare with NTA RM3.53 PW still cheap. As chicken and egg is Malaysian daily food, expect PW to report another good quarter next month.
2013 likely to report one of the best year for PW. Will there further good news eg dividend, bonus or free warrant? PE still low base on 9 months report.
Not urgent to sell as they can still make money from chicken business. Even the worse piece of land also can appreciate in time due to inflation and land shortage.
The debt to equity ratio still good in the books. All company need debt to growth. I had seen worse debt to equity ratio and the company finally collapse.
bigFAT you can join us. PW is fat in NTA(asset because it has over 300 acres of farm land). As chicken price keep going up(chicken rice price up, nasi kandar price up) PW turnover and profit likely to follow. Now cheap because research house no coverage on poultry sector except expensive stock like QL.
EPS 2.04sen. High growth stock, PE 8.11, DY 6.25%, still undervalue. Meanwhile chicken price continue to remain high so coming quarter result likely to be good as well. Penang 2nd bridge finally open yesterday so land in mainland where some of PW land locate is likely to further appreciate. If PW can diversify their business to property development on their land they can have 2nd source of income.
rlch i believe to push the stock price the management need to sell its asset. PW is rich in asset. So by declaring special dividend or warrant the stock could push more than RM 1
Off course but to ensure stock price truly increase the management need to sell its asset and declare special dividend. By intrinsic value this stock should be more than RM 3 but the eps and lack of earning plus with low volume make this stock stagnant
Not abandoned. Somehow nobody realise how good is PW fundamentally. NTA very high ie RM3.5; PE low only about 8.6 times and DY high 5.88%. Look like PW is doing some catching up today. More to come?
Forming higher low even without selling any land. Existing poultry business still generate profit to sustain price. If can trade at PE 10 which is still not expensive, PW can hit RM1.
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....
n00bPelabur
640 posts
Posted by n00bPelabur > 2014-01-13 15:31 | Report Abuse
No high volume. Haishhss