This is profitable company Roe so high and DY 5.4% We keep long time. Let operator play themselves left hand sell to right hand. Market no more ticket for normal player. Monday rebound will be very big
The company fundamental is very good Roe 14.47 EPS 8.25 DY 5.52% don't worry we are long term shareholder waiting dividend also earn a lot. Epf support and the company next quarter result coming soon wait for dividend declare together
Yes this share is undervalue and epf kwp buy a lot and didn't sale anything they will buy more to reduce their cost price so next week we can see the big rebound. This week all the contra players or weak holder all run already. Remain is strong supportor of the fundamental so good company
But last minute high volume buy at 0.815 I think is operator or epf or kwp buy the share. Next Monday should rebound already. The cimb analysis 29 sep 2023 give a buy call Target price at 1.28 they already take consider the quarter result and furthermore high us exchange rate is good for exported. The company will beneficial for high exchange rate
Refer to last quarter result, the company as at jun 2023 vs jun 2022 as follow Share price 27 Oct 0.815 Earning per share 1.38 Share price during 2022 is 1.60 earning per share is 2.38
So compare to this two year q1 now the share price is 0.815 can earn 1.38 per share Last year price is 1.60 only can earn 2.38 So now the share price is more worth than last year. How many company can be 1 share 0.815 but give you 1.38 earning in one share? If 0.82 you buy 2 share you get 2.76 return is more better than 2022 1.60 you get 2.38
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....
Lukesharewalker
6,525 posts
Posted by Lukesharewalker > 2023-10-09 15:34 | Report Abuse
People who has 2 posts are quite informative...lol