It's a wonderful quarterly report.No worry man. Sunshine tower haven't counted in the quarterly report. It's a new gem. Worth to hold long term. Simple calculation. If every quarter 9sen as this quarter, one year will be 36sen. Currently 2.92, PE ratio only 6. This is a very undervalued counter. As sunshine tower begin to put in the quarterly report, their will be a 35sen extra profit counted in. 36+35=71sen. PE less than 5 times. On this current fluctuated stock time, this counter is worth to hold. It's doesn't move much, there are inside a big man to collect the stock to make sure the stock is in uptrend. The stock price never go below 20ma or the bolinger band downline. It's now currently near the bollinger band with a last candlestick of a doji form. If let go at this price. It's a stupid action to be. If want to let go. wait until 3.05-3.10, when it hit the upper of the bolinger band.
Meanwhile, Suiwah Corp is trading at a 70% discount to its estimated realisable net asset value per share of more than RM9.00 and has a healthy net cash of 79 sen per share with the integrated mixed development project in Air Itam, Penang as a key re-rating cataly
@Superb99. Suiwah has just launched a township project in Farlim, Ayer Itam, Penang. With this project, UOB Kay Hian has worked out that its RNAV will be RM9. Recently the company announced that it has bought back its own shares at 2.90 from the open market, meaning the company think its price is undervalued. This is a small cap company, its shares is also not very liquid, if it is push or chase for whatever reasons, its price will leap. May be you would like to consider buy back a little when it corrects. Good Luck..
YTD the price is still up 44%..... And it is still not affected by the current downtrend of the overall market.......Management said profit will be affected by weak spending resulted from GST next year. Time to TAKE PROFIT !!
As at 31/5/17 (Qtr4) its eps was 4.49 and NTA - 3.87 However as at 31/8/17 (Qtr1) eps was 5.58 but NTA fell to 3.18. Any one can advise the reason, please.
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....
windz1984
74 posts
Posted by windz1984 > 2014-04-30 09:48 | Report Abuse
I am looking at the Q3 report ending 28/2/14 not the old one