Raider sifu sold all FLB and switched over to Evergreen? Haha! Just a joke! .... nvm if anyone of you want to sell.....I will buy ! Die die lah ! Hahaha! :)
haha... skliew... i dun think so... i believe raider sifu is collecting both flbhd and evergreen.... both are definitely undervalued for now... but bear in mind we may need to hold for 1 year or so for some handsome return...
skliew... go check out Prlexus too... absolutely undervalued gem at its current price... do ur own homework first before buying, haha... dun just listen to what i said...
Aiyoh! Someone toward the closing put up altogether more than 400K shares to buy for show! What for? Just take the sellers lor! Action! Don't show show only! Haha! :)
Net Cash +short term investment =89.5 Sen per share Net Current Asset less Total liability = RM1.2287 per share NTA= RM1.55 per share EPS= 18.59 Sen per share Dividend payment: Historical records, 6 -15 sen per annum.
No need further miracle! A miracle is happening! The company also beh tahan the performance of the share price and is now seeking shareholders approval in the coming AGM to buy-back 10% of its shares. This will increase the EPS and if the shares are bought back and cancelled, it will improve the ROE! Haha! Since the company wants to buy back its own shares to enhance shareholders' values, can expect more dividends are coming!
Last year Share Buy Back was also proposed and approved. No Share buy back was carried out. Maybe the share price did not fall below the NTA ? Haha! Now NTA is 1.55. By AGM 2017, the NTA could be about 1.60.... So, does this mean the price of FLB has already reached the floor? :)
Share Buyback fantastic! This is what we call a shareholder friendly company. Hope this time is Real n the management should buyback at reasonable price. Thanks!
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....
tksw
12,858 posts
Posted by tksw > 2017-03-27 17:25 | Report Abuse
die kiaw kiaw.