The reason I not buying anything new is to protect my gains. Sell A buy B will expose me to downside risks. I want to preserve my cash for market correction. I believe next year there will be chances of that happening again (with our country precarious financial position)
Wait until win more mmeaningful contracts like the MRT and LRT contracts mar....then, we talk about skyrocketing...until then, be like me....kuai kuai beli beli every month....
Bear in mind that current order book is on going & last yeat order book of 1.3b has been completed & delivered in year 2015 at amount of RM449M.
The newly awarded contract is just enough to keep the company busy in coming years. Unless more projects are to be awarded & cause increase in order book, we will see more price up potential.
With annual report is going to be delivered soon, we will know the order book by then. The more the better, giving the facts that the management is quite selective in their jobs.
I search the information about capital city 21. Start from 2015,capital city 21 will contribute 40M profit after tax per year,mean EPS 20sen. Thus,EPS per quarter will increase 5sen. May I right?
Yee, I am not sure on the quantum or % over the particular year, project launched in 2013 (this one has to be confirmed by icon, he is the best in this as he wrote articles for Gadang previously), but actual % of completion is not disclosed elsewhere (as I can't find in the internet).
What I know is the payment from JV over the land is based on Survey of Work Performed, changed from Stage of Completion.
But what is actual progress I really don't know & also can't see from latest annual report or quarterly result.
Icon, please share with us if you have any first hand info.
Current eps is 27 , major income contributors are construction and property Contribution from property is sustainable because of CC21 . With this newly acquired contract, contribution from construction for the coming 2 years is also not a problem If you are a pragmatic value investor, do you bother so much about earning beyond 2 years Only fortune teller like to do that, moreover , like icon8888 said , order book replenishment is an on going process. Who dare say within the next 2 year there is no more new contracts coming. Further more contribution from utility and plantation are improving, though insignificant. When time to buy, we always forget the principle "when others are fearful , we must be greedy". Now is the time deciding you dare to win or not. Of course there is risk, there is nothing like sure win , but if it is a good risk , you still hesitating, then it is better for you to wait to buy high then hope to sell higher. Otherwise you advise me what is best to do, if most of the people view it as an opportunity ?
It is ok, Yee, everyone start from small, it is better learn the trade & sometimes feel the pain when small, you will earn enough to be big time goes by, trust me.
New contract is a plus point to prove this stock is capable of getting new contract from big guns and able to keep its business running in the current difficult economic climate.
I am very much looking forward to see if there is any growth in the top & bottom lines as well as the total order book from the up coming quarterly report next week.
Just my opinion, may be right or wrong, don't take it seriously.
This is a very naughty counter. I dare say anything about the price tomorrow I only dare to say with confident it is a good buy at current price Give her some time, I am sure it will outshine mitra If the price does not move much tomorrow, do not miss the opportunity to top up more.
Omg!snake is here!Hahahahaha. A person who contract high blood pressure,cardio disease,heart attack,BMI above 25,overweight,diabetes. Do you go body check every year? I hope you make funny to us every year,ok? Hahaha
I just put in money. My thinking is 1 month later can get 3.3% return through dividend. if coming result good and more klci rally can enjoy capital gain summore. hopefully it works out positively!
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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....
yeekarwai88
3,967 posts
Posted by yeekarwai88 > 2015-10-23 23:06 | Report Abuse
Sarawak got many sugars in budget 2016 le.