Among d 20 hot penny stocks MJperak is rated no. 7 based on latest qtr net prifit of 17,993mln n eps 6.73 cts.I belief anytime from this stock may go upswing shd cross 40 n mat hit 45...just my2c...
Agm on 26/5, circulars on d way.One of the item, to seek approval on "recurrent related party transactions of a revenue or a trading nature which means, those Directors having buisness besides Mjperak they may want to supply goods or services to MJP...so they need to disclose n seek shareholder approval to do so...how positive this news, i no idea....!!!!!!!!
will be the credit to MJPERAK, the price of house will be 200Kto 300K per house...if 200K mean 60 mil sales...min estimation...of course actual will be higher
Injection theme park business and live in Bursa My 5 simple steps will lead me to simple but effective value investing. My way to minimise the risk and maximise the gain.
Step 1: Check the PNL. Profit? Potential turnaround to profit?
Aim the bull: Yes, 2015 profit mainly from sale of land. The rest of businesses so so only. But, new sales pipeline is coming like affordable housing project but still in early stage.
Step 2: Check the cash flow. Where is the money generate? Where is the money go?
Aim the bull: After cash received from land sale, pay to the mother company for the borrowing, it is still in net cash. Good news is dividend will be given.
Step 3: Check the Balance Sheet. Is it only left the shit (e.g debt)? Cash status? Retained earnings for potential bonus issue? NTA vs price? Fair value vs price vs NTA?
Aim the bull: Book value still undervalue as assets still in historical price. NTA 1.13 vs price 0.30. Damp, too cheap. But this is normal property stock trading below NTA. Therefore, need more land sale for book value update. So, risk to buy at 0.30 is damp low, safe and save.
Step 4: Check the price status? Which wave? Uptrend? Downtrend? Consolidation? At peak? Measurement of margin of safety?
Aim the bull: Mega sale discounted price! Margin of safety is best.
Step 5: How is the outlook of the existing business and any potential sales pipeline?
Aim the bull: Green tech business, Movie Animation Theme Park might use MJPERAK to list in Bursa. This is purely my outlook only, not an insider information.
If score 1 or 2 points...forget it If score 3 points...monitor closely If score 4 points...collect slowly If score 5 points...full force...sai lang
Overall 4 points...the risk is no sustainable and profitable business as is now except land sale business.
Mr Murali, dun so fast throw ur accusation like this. I no nid to reincarnate into another name. I will continue to hold onto Mjperak, since i already held it for 1 year +
Bone gor also view good? When corp restructure exercise! Expect min200% return! Nta alzo above rm1, make no sense! Now low due to perak govt holding large chunck
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....
Ring
6,522 posts
Posted by Ring > 2016-05-02 10:56 | Report Abuse
Are u joking only 1.08%......