Those management seeing investors from abroad namely USA if im not mistake to clarify that P3 is not an issue as those alliance only contribute marginal contribution to WESTPORT...
I starting to look at WESTPORT when i saw a man wearing WESTPORT t-shirt when he deliver medication in HUKM BANDAR TUN RAZAK,CHERAS there i knew something would be happen...
I consider investor take profit when its meet your RRR using certain points of RBS@RM2.71 or RM2.64 and breakout strategy 25% upside potential pegged at RM2.71 which is mega resistant and any sign of weakness(shooting star formation)...
And then re-entering using your dividen and capital appreciation from WESTPORT...this way is more capital protected with a peace of mind...
back in the days, some people vilified the owner and also mocked those who promoted this stock. look who's laughing now. bro saufi74... u r the man. patience is virtue brother.
wprt is far lagging behind other heavy weights despite being in a cash cow business and high ROE With the P3 impact already being factored in and with new replacement biz on board plus the new terminals to increase capacity, this is a stock to watch. the past 6 months, no movements, but now the foreign funds are rerating wprt. with the cash in hand, do not discount further dividend payments or bonus issues in the near future
I told already.....from 1 million TEU's and now 7.4 million TEU's and 3rd Port proposal in Port Klang - means that business will growing higher and higher... buy , buy,
Westport managed to outdone its direct competitor, NCB by controlling 70% of business in Port Klang. NCB (under PNB) only managed to get 30% market share and it is shrinking year by year. That's is why NCB is rated lowly (PE 9x)
Yes, now in the 2nd gear. Once it reaches 4th gear, profit margin would be more than rm1. Don't forget the history of IHH, GasM, UMWOG...even Astro has moved up.
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....
speakup
25,305 posts
Posted by speakup > 2014-05-06 17:03 | Report Abuse
Normally when breakout from congestion zone, 10% upside is normal. So 2.60+10% = 2.86 within the next few days.