wake up already... the coming quarter will be good with the property segment contribution increasing and also the improving margins from auto parts business.
big vol. transacted at 0.75..this counter has started to gain momentum and its share price will definitely surpass previous height...how far it will go very much depend on its quarterly result.
Their property GDV for Kemuning Hills is RM110 mil with 90% take up rate. So far less than 1/3 is recognized. Furthermore the manufacturing division PBT margins are showing significant improvement after they streamline their Suzhou operations.
Based on latest TTM results, EV/EBIT is only 5x, undervalued !
very high profit margin for property development division mainly due to its cheap land bank acquired past ten years. Share price possible go up to RM 1 at least as its balance sheet is very attractive
Hi, Noby. How did u get EV/EBIT = 5? Closing price on 26FEB was 0.815. No. share = 276.617mil Market cap = 225.44mil MI = 1.645mil Total equity = 293.408mil MI/ Total equity * Market cap = 1.264mil Excess cash = 17.779mil Debt = 1.282mil EV = 210.21mil TTM EBIT(before tax & other incomes exclusive) = 22.796mil EY = 11% EV/ Ebit = 9.1
Based on vol. transacted at about 1.5 to 2 K lots of share during surge time..it may hardly go up further unless can attract many follower to chase up the price. Current price at 0.99 to 1.00 is deemed fairly valued
if it break 99 cents can go to new high..need to break it by next week. time is of the essence..should be able to do it with weak ringgit trading currently
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....
kingofong
372 posts
Posted by kingofong > 2015-01-10 18:57 | Report Abuse
Uphill or downhill ?