chongway, no worry, base on 2013 result, the enterprise value multiple just 5 only, I have just top up another 15k shares @1.76. hope to top up another 100k after my weida sell. hoping next month the eps is >5 sen. by the way, when is the payout date for the 4 sen dividen. what to use the maney for europe tour.
do not look at the share price everyday because difficult to win fast but can win big. look at he share price everyday tend to make you sell the melon before it grows big enough
chongway, it is ok about debt, I check the balance sheet already, total bank borrowing as at 31.5.2014 is 144,105,000 but the cash it is holding is 145,557,000. so I think financially it is safe, don't worry. most important coming quarter the eps can maintain or improve
m-m123, don't bother about this kwap, their cost is >1.80. don't know what game they are playing? good counter with earning growth don't have to worry much. remember what sifu cold-eye said, we must buy only those counters that we dare to top up when the price drop. so sifu cold-eye said is correct, when up we are happy, down we are not scare and happy can buy more at low price. we don't want to earn fast but earn BIG. so do not look at the price everyday, this is a long term investment, but evaluate your portfolio every year. this ppl very tense because they watch the price every minute. what for? don't believe , tomorrow you can watch the whole day, the price still 1.72 - 1.76. But i tell you, below 1.68, I guarantee tambah now it is starting giving out dividend then we can enjoy the money with our family members. the directors got gaji, we got dividend, so nice.
financial year 2015 expected to have 17 cents profir from capital21, plus 20 cents of normal profit, total around 35 cents....and more construction project coming...now pe for 2015 is only 5, accumulate!
yes buy on weakness...bskl is always like this lack behind by around 2 week vs the global mkt movement, us mkt and the rest start to move aggressively now but dont worry probably bskl just up few point tomorrow....
Add more owing to positive prospect in construction sector. National budget will be tabled in October. More development projects are expected to come in oil and infrastructural industry.
Though KWAP is no longer the substantial shareholder, but its shareholding is still significant, approximately 4.00++%. Those who dumped the shares have never learnt what value investing is all about. In and out frequently will eat up the capital. I see no reason why we should fear GADANG's share price will plunge. Technically, price drop is inevitable. But, the value of the company is still healthy and positive, although some have spotted that the short-term debt for last quarter increased significantly. All in all, the leverage ratio is considered moderate and acceptable.
Market participants' knee-jerk effect amid the pending announcements of monetary policy rates revisions in US and Malaysia. Since Bank Negara holds the existing monetary policy with no further interest hike, the US authority meanwhile acts conservatively though gradual approach to managing market's expectation about its monetary policy's direction rather than carrying out cold-turkey approach that may otherwise lead to market shock, the stock market is expected to undergo a rally all the way until the next coming catalyst - national budget 2015 release in October.
today the price may be pushed further down by some kind of syndicate to create temporary stop lost/panic/force selling for who ever bought at around rm2....just side line to see the show....anyway no worry my stop lost is at 60ct...just waiting who knows the price could go down to may be just may be as low as rm1.20 so can add some more....
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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....
Collin Soo
900 posts
Posted by Collin Soo > 2014-09-08 19:20 | Report Abuse
But for PRESBHD,epf really push up a lot the share price