Up 2 sen x 654m shares = market value up by RM13m. Contract of RM328m, 51%, 2 years, estimated PAT p.a. (conservative) RM10m x PE of 12x = RM120m. Share price up RM13m vs value up about RM120m. Price is what we pay, value is what we get.
In the short run, share market is a voting machine, in the long run it is a weighing machine. I do agree however, stock market is not all science, and neither it is all arts.
Make sure all your check list boxes has all ticks before investing. Company biz (checked), People (checked) and Price (checked). Good luck.
I really have no idea.. the sell queue at 1.3 price keep maintaining 2m.. but I see people keep buying at 1.3.. how come there is such thick resistance on 1.3
Sharks buy at 1.29. Once get. Sell queue at 1.3. If nobody buy they happy. If got ppl buy they also tak ada rasa because 1.29 is their buy queue to buy back.lol
Great observation. Boring counter. MD bought 5.2m shares at 65 sen in 2013 (when no one interested) and now about RM3.25 (ex-bonus and split is RM1.30) in 2017.
Damn boring for the MD, went up 5x in 4 years. Really, damn boring. (haven't even consider the dividend or the free warrants).
TP 1.62 woh 该行估计嘉登的工程订单增至15亿令吉...forsee 1.5b contract woh so another 400m coming? walao only margin 8% meh..research house so scare meh haha .. i think this infra work can 15% margin plus completion early cause CPC usually early loh
anyway if u buy be4 private place the price drop to 1.80 before bonus...plus warrant now dy 99% gain leh
@Js Goh, Frankly, Genting casino is faster. Just go for "big" or "small" - 100% in about 1 minute - 2 minutes. After all, there is always a small element of "gambling" in stock investments. The MD will tell you, "I turn my RM3m to RM15m in 4 years, boring is fine. I love boring." Your JJPTR will turn from RM3m into "RM?" in 4 years.
LRT3 announcement is coming out soon. Kok Onn wouldnt have bought it for short terrm. He knows there will be more contracts being awarded hence his purchase on the mother share right now before it starts to fly !!!
Everyone expect being awarded contract stock price will automatically skyrocket. They were awarded contract not money at least not yet... It is not like today dapat contract tomorrow dah siap. It takes time before that contract bear fruit and to be reflected into financial report. Patience is everything especially in construction sector
ooooiiii! what 1.2 billion is newly awarded contract la. old one not yet finished one dun count one meh? housing project no GDV one arr? dun forget another 200m+ capital 21 revenue and profits on the way... kakaka, scare die me, money come from every where
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....
Jason5183
132 posts
Posted by Jason5183 > 2017-05-11 13:36 | Report Abuse
In this short period,share price will hanging around. But long term should be shinning star.