today veli bad, oni managed to sell a little bit at 212 and 215, veli pai-si itu Penggoreng Gadang. never wanna gif people a little bit more coffe mani
Short or long term this counter got high safety margin also! I will buy my first home using gadang money hooray !!!! We support Fundamental analysis !!!
Lucky today market no good , can collect some again . Construction stock price will be fair and over value at 2016 or 2017 . Look at the market which sector is good prospects .
ya,haha,announce outstanding result on consecutive quarter. and also in the help of construction theme. moreover,private placement settled on price with 1.85,mean gadang has huge margin of safety(MOS).
Margin of safety is not by calculation it is by choice . If the estimated FV is say 270 and you want to have 20% safety margin then the entry price 270x80%= 216. There are many ways of estimating FV, my way of doing is taking this year earning as 32 sen assuming 12% of 3 years growth,taking the PE as 8 and add the expected div. of 15 sen then the expected value is about 375 forward 3 years, discounting back to today's price is about 267,my estimated FV for Gadang. The safety margin can cushion the loss if the results turn out not in favour of the assumption, so how wide the safety margin you prefer is your choice.
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
12,976 posts
Posted by tksw > 2016-04-29 16:12 | Report Abuse
I tak boleh tahan liao... 207 make a decision