it is undervalued stock. Laggard. Buy into this kind of stock one must be patient. Last time, RM2.30 was offered to buy over the stock but boss wanted RM2.80. So we know the value of this counter. It would be good if they can declare more dividend in the future.
Posted by danny1 > Jun 10, 2014 01:40 PM | Report Abuse holland stock from kcchongnz
Posted by danny1 > Jun 10, 2014 01:55 PM | Report Abuse someone wrote "buying the best thing in the industry"
Posted by danny1 > Jun 10, 2014 01:57 PM | Report Abuse better keep quiet..someone is seething with anger
Yeah, I did write about Cenbond appeared to be the best buy among the packaging companies. Did I say it price must also rises very high?
At the time i wrote about it, it was 1.56, and now it closed at 1.44. With the dividend, one probably loses a bout 8 sen, or about 5%. Does that deserve your name calling of "holland stock"?
Are you respecting me so much that all my stock picks must return high double digits like the rest of my picks?
Cenbond is definitely Not a holland stock. I bought Cenbond at 50 cts when I saw Director buying and buying. At that time Cenbond was giving a very generous 10% dividend.
I also bought Muda at 35 cts when Muda gave a small 2 cts dividend. Today the market has chased Muda to over RM2.10 while Cenbond the Tai Ko is still below RM1.50
To me Muda is chased into overvaluation while Cenbond is a laggard. If I have extra money I will definitely buy some Cenbond over Muda anytime.
Moreover Cenbond supplies Cement bags to almost all Cement Manufacturers. PLUS There was a recent 30% price increase for paper products. So Cenbond should perform better and better.
I think KCChong has picked the best choice in Cenbond - the top among paper products.
This counter is very similar to Fibon. Even charts look the same. Heavy sell down in Jan'14 then gradual downtrend. Both very strong fundamentally. Good stuff but nobody interested. If danny1 so trailer maybe he can come up with valuation & analysis to show what the problem is, rather than talking cock.
This counter is good. Diversified business some more got mlm.,double digit ni, low debt good valuation. Just keep for a year nothing to lose. Better dy rate. Value buy
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
tuniamasingh
225 posts
Posted by tuniamasingh > 2013-12-30 15:10 | Report Abuse
cheap sales for CENBOND?