EPS 15.03c PE 6* If it trade PE 7~ 105 c At PE 8~ 120c At PE 9 ~ 135c..... Thus safely bet PE 8 shall be in a Ringgit region. This is a sure asset counter n betting in long term shall not be a mistake....
recommended trading buy for leonfb..tpRM1.51...buy, accumulate and hold for a year...expecting further higher net profits in next quarter....accumulate...good luck...
When the rise is fast then many will notice n the pull factor may be exemplified. So those who enter late has to b contended with the 80+ CTS . Anyway at this price still it is trading at Pe 6-7 only.
Leon Fuat factory is located beside the massive development site I-City Shah Alam. I believe Leon Fuat should have supply steel to I-City, because their location are so close to each other, and it can save a lot of transportation cost, delivery time and warehousing as well.
after read the qr, gain in land and factory disposal is the main factor. Nevertheless, the profit and revenue increase after exclude this one off gain.
Do not talk about result coz a PE 6 counter means that result not important as the punters are looking at other things not found in others . If the mgt started paying good div , then technically the stock may trade true to its PE.
Going forward, we expect the current trend of fluctuating steel prices and demand to persist and the Board believe that our Group should be capable of generating favorable results for the remaining quarters of the current financial year by staying vigilant on the direction of steel prices and customers demand as well as continue focusing on operational efficiency and prudent costs management.
I'd say it's a good job from management, lower revenue but inventory has been increased by a lot in view of increased sales? But sales has been decreased with set off by higher sales price. NTA higher than share price and PE on the low side which provides a very comfortable margin of safety. Your choice.
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....
ImCK
3,436 posts
Posted by ImCK > 2017-08-09 12:45 | Report Abuse
acquisition new company will boom leonfuat growthing
get customer database immediately growth rapidly