will remain sideline for this counter. reason: final Quarter reportly(sep16} of eps is awfully terrible look forward for 1QR17 in late November, will take up position if eps can recover to prior high.
I mean, everyone here is to share personal opinion include me. digest all info and make your own judgement. At the end, it is you to manage your money and your risk. once again, this is not a buy call. thanks.
When I said tp rm16, ppl all think me crazy. Only few smart minds think it can goes near there. Now rm9, only people think it is possible indeed! Well, investment is really an art!
My advise will always be this, don't focus on too little stocks, try diversifying into different sector, cut lose always, 15%, 20% up to you. And never stop gain. By tht you hardly loss. Also if you want, once stocks surpass 100% sell half get back all cost! A good stock tht surpass 100% hardly crash back if fundamental is too.
Given the nature of KESM’s business which is capital intensive, FY2016 saw its CAPEX at nearly RM30 million, a sharp drop from RM78 million in FY2015. With that, the company is seeing positive free cash flow again this year. 5 year CAGR of cash flow from operations is about 19%.
KESM paid its shareholders a dividend of 6 sen in FY2015; highest yet for the past 10 years. For FY2016, KESM has paid off a special dividend of 4.5 sen so far. Their dividend payout ratio is about 0.1. Since KESM is still a growing company, we would like to see management use its profits to expand their business.
For the week ending 14th Oct 2016, we see another breakout of prices from this trading range. Based on iVSA principles, investors should take note that the breakout for week ending 14th Oct 2016 is not accompanied by sufficient bullish volume. This along with the stock reaching its all time high, should alert short-term traders and even long term investors about the risk to reward ratio of buying the stock now. For the stock to continue its upward move, we would like to see strong closing prices with bullish volume in the weeks to come.
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....
Tai KT
1,419 posts
Posted by Tai KT > 2016-10-15 11:31 | Report Abuse
remember there are always risk. just mange your risk.