Perhaps,it is time to accumulate it at 0.46 & below today/next Monday. It should worth more than that. Why?
Total Shares Issued: 310 million Par Value: RM0.50 Dividend paid: 1 year twice, 2 sen + 1 sen= 3 sen Last Year Profit: RM27.5 million 2015 1st Half Profit: RM10.4 million
Let's say if buy at 46 sen, return is abt 6%. Better than FD. For long term investors,it only takes about 5-6 years for them to earn this company.
Profit maintain, dividend more than 6%, Just take over a Singapore factory, 2 new factory in Klang going to start production. Very agree that Leon Fuat is under value.
Ya. From its previous trading pattern, I hardly goes up huge in 1 go.very conservative. Usually it will up 3-4 sen, then consolidate for few days & continue another round after profit taking. Like the recent ones. Plan to buy back again when profit taking next week.
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kkng0819kk
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Posted by kkng0819kk > 2015-10-30 10:32 | Report Abuse
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