Wow. Assuming Qtr4 EPS is also at least 11 cents, thus the annualised EPS is about 40 cents. At PE 10 then TP =RM4.00 (more than 100 % return). IF PE 8 then TP = RM3.20 (more than 60 % return). People with longer term view should collect more at current price !! http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=G&securityCode=9261 29/04/2016 12:02
I guess gadang need to break 2.15 resistance to travel higher. Fundamentally, there is no reason for gadang to drop, especially a big leap in profit and healthy unbilled sales. However, technical indicator shows that Gadang is not trending up, unless break its resistance. I do not think that today reaction need to be worried. Perhaps due to long holiday mood, people are more cautious.
only stupid will sell at such a low price after such a good quarter result, I would think got ppl want to accumulate below 2.09 before gadang trend higher.
tksw, you are so funny, before this morning, you seem that very optimistic, but now suddenly become so pessimistic. Dropped fews cents you will feel that there is no more future for Gadang, and vice versa. Gadang will like that is because there is too much so called "investor" like you!!
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....
tksw
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Posted by tksw > 2016-04-29 11:22 | Report Abuse
karwai sifu, What you tok?