Nigel, im also looking at gamuda-we but i did research into rcecap last night and if working from a base before the consolidation and earnings surprise.
Taking 0.28x4 should be around 1.12 already. I know there was a special divvy but i think given the NTA is at 1.16, you can still apply 1.12 price before new earnings surprise.
With this new earnings, should be 1.40s fair value
This company is a license "Ah Long" plus they're linked with CCRIS so any defaulter will get black listed. Borrowers of gov sector will get deduction thru their salary. Basically they lend money and collect interest. Money making vehicle
is simple, if u wanna sell me lower, i collect , i mistaken this counter might go into profit taking session for me to regrab at lower but i guess i was wrong .
Be patient guys, the volume being sold now under 1.15 is low. Its more of contra players and retailers taking profit. The big boys are being patient to wait to let these guys throw here first before next leg up.
hi rce team if I was not mistaken rce esos only was RM0.71 so can I say the esos plan alreday make their worker earn more than 50% . sorry if I was wrong can please correct me ah ? thanks
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Nigel Low
1,463 posts
Posted by Nigel Low > 2016-08-12 09:47 | Report Abuse
Now price stabilize at 1.13 - 1.14, building strong base.