@EatCoconutCanWin ......... happy to share what I can. I'm no expert & this just based on my research & readings. My outlook is more based towards investors rather than speculators.
From a ROE perspective, this has been trending up since 2020, but so has the market price. It is now trading at more than 3 times its book value. I would consider this high for a brick-and-mortar company.
Short term target RM 1.17 reached. Now let's see if it can reach the long term target of RM 1.42-1.45........High chances price will dip in coming days (profit taking from speculators) before rebound. Long term investors can sit back & relax.
Was wondering why the daily volume has swelled for the past 1 week with average buy rate in the 80% range but yet price remained tight. Now we know why the huge collection has been going on..
10% share buyback? I think they might be onto something that could see Pecca surge in the future.........perhaps an Aviation deal finally happening sooner rather than later....
Long term investors can look forward to a rosy future. Aviation arm is about to take off! Even one decent contract can Pecca double their profits in the high margin sector.
That's the nice thing about how predictable Pecca is. Rock solid & easy to read when certain players manipulate the push down in price.... another easy few days of cash.
Yup, good times are slowly rolling in. Fair value now up to RM2.44 from RM2.22. Just waiting for IB's to bring price down some more, then gonna buy a bit more
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2909 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
flyguye
234 posts
Posted by flyguye > 2023-09-05 11:32 | Report Abuse
Simply (jalan dinding in english) puts Pecca's fair value at RM1.65 as at 04th Sep.