I think price won't move much for the current time, should be bouncing around 0.225~0.260 like that. May be after next 2 QR we will see price start moving up.
hihi...those hoo hoo ha ha conned me before by write up:(....,lucky escape small cut loss previously after sensing where short route bus company cant make much,n geared with low value buildings can loss big ,some more petrol station got petrol prices capped.....my opinion, see below 10 sen!
But their profit margin not bad 30% consider very high d Gearing 0.60 Net operating cash flow Positive cash on hand With new bus in kampar already build on schedule n within budget. Owner own more than 30% of the share NTA about 0.21. So price to book value slightly higher than 1.0. All seems positive indicator. Except only low cash on hand
aiyo chong chun keong...all the facts I speak is In their financial report. its all published. easy access to public. So its call public listed stock ma... how can I bluff? if I say it will go up to RM1, then I maybe bluffing la
Stupid counter...kept us waiting for so long....Price dropped ever since transferred to Main Board...Now pula waiting for the completion of Kampar Tetminal Bus...
https://klse.i3investor.com/blogs/infoanalytics/196882.jsp a good article. Here are some other comments I had gathered back in the day when I entered the value 2 months ago: 1. Kampar is several times bigger than Amanjaya 2. 70% of the revenue is instant cash, so very healthy financials. Bottom line and revenue is quite fixed. 3. Company is diversified into 3 streams of revenue of roughly same volume - Terminal: tenancy and advertising, big margin. - Bus routes, ok margin (Fuel is subsidised. The Bus routes are subsidisd, govt pays even if ppl dont show up) - Petrol station, little margin.
Given the above we can conclude the downside potential is almost nil, and the upside potential huge. My TP is RM 0.40, 66% upside vs today's 0.24
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....
GTMS
560 posts
Posted by GTMS > 2019-02-26 10:23 | Report Abuse
Diam diam ubi..